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Last Post: 10/24/2014 10:38:14 AM - Followers: 433 - Board type: Free - Posts Today: 0

This board is for discussing junior miners in both base and precious metals. The commodities boom appears to be a longer term issue so these stocks should become more important as investors try to find small companies that are discovering new deposits.

The typical scenario is that the big companies have such high overhead that they can only look for huge deposits. However as commodities rise in price and all producers max out production, the larger players struggle to replace reserves. The junior miners typically fill that role by finding deposits and then selling out to the cash rich bigger players.

My normal investing strategy is to look for profitable stocks with low p/e's. That strategy is difficult with mining stocks because most are not in production or are losing money.

My alternative strategy is to look for miners with near term potential to begin production. Those are the stocks that I will attempt to focus on along with any stocks that are actually profitable.

Bobwins



FAVORITE JUNIOR NICKEL MINERS:

 



FAVORITE JUNIOR ZINC MINERS:

Zinc prices have underperformed relative to other base metal prices during the commodity boom of 2010-11.  There is supposed to be a surplus in supply in the near term but significant shortages could develop over the next few years.  Several large zinc mines are slated to run out of reserves during this time period and demand is expected to continue to increase. 




FAVORITE JUNIOR COPPER MINERS:
 

  China remains the most important barometer of base metal fortunes.  If their economy continues to grow, copper usage and prices will continue to be supported at the current high levels.

Capstone Mining Corp CS.to/CSFFF.pk
F.D. 82.1M, The company is buying back 10% its shares from mid 07-mid 08. Holding ~20m shares of SST.v plus warrants.
Cash cost about 40c copper net byproduct credit, going lower as smelter charges drop in 08 and lead price jumps.
Recently increased its mill output by 120% under budget. Guiding 26 M lb of copper, 11.3M lb of zinc and 4.1M lb of Lead in 08.
New resource update by sep 07.
http://www.capstonemining.com/



QUADRA MINING QUA.to/QADMF.pk
S.O. 38.1M + 3.9M (InterMoly) + 12M (PP, fully allocated)=54M
F.D. 42.6M + 3.9M (InterMoly) + 24M (PP, fully allocated)=70.8M
2007 guidance: 125 M lb copper and 60 K oz gold
Q1 2007 production: 36.6 M lb copper and 31 K oz gold. Cost: ~$1.5/lb
http://www.quadramining.com

Taseko Mines Ltd. (TGB)
S.O. 113.6 M
F.D. 126.4 M
2007 guidance: 60-70M lb copper and 1 M lb of moly. Cost: ~$1.5/lb
Production set to increase to 120 M lb copper and 1.4 M lb of moly in late 2008 and cost will go down to close to US$1.1/lb area.
http://www.tasekomines.com


FAVORITE JUNIOR GOLD MINERS:



 


FAVORITE JUNIOR SILVER MINERS:


AURCANA AUN.v AUNFF.pk
S.O. 90.4M
F.D. 105.5M
http://www.aurcana.com/

FORTUNA  FVI.to FVITF.pk

Profitable mine in Peru has financed much of the development of their new mine in Mexico.  Producing over 2million oz of silver now, targeting 5million+ oz in 2013 when new San Jose mine should be at full production capacity.  

http://www.fortunasilver.com

 



SCORPIO MINING SPM.to SMNPF.PK
http://www.scorpiomining.com/

SILVER WHEATON  SLW

http://www.silverwheaton.com

Silver Wheaton is the biggest silver streamer.  They finance many junior miners by buying future production of silver at fixed prices.  The typical price they pay is 3.90/oz.  The miner gets needed financing to bring mines into production and SLW gets all or a percentage of their future silver production.  Silver Wheaton has financing power that many juniors lack.  Now that they have been in business for several years, their initial investment projects are coming into production and raising SLW's production levels.  Lower risk way to play silver because of diversification and lack of mining risk.  SLW is relatively low overhead. They have a small office staff of finance experts who continue to add deals to the portfolio and production without significantly adding to overhead now and in the future.  

 



FAVORITE JUNIOR URANIUM MINERS:

Worldwide, there are hundreds of nuclear powerplants on the drawing board.  The current mining supply is well below current usage.  The deficit is being supplied by Russia from deactivated nuclear warheads.  That program is going to end in 2013 and Russia has indicated they will retain whatever is remaining of their inventory for their own nuclear powerplant use.  As that deadline approaches, there is more and more likelihood that uranium will increase in price.  


Strathmore Minerals STM.v STHJF.pk
http://www.strathmoreminerals.com
 Near term producer, with two projects being advanced towards production.  Strathmore has a JV with Sumitomo to develop Roca Honda in New Mexico and is pursuing licensing for the Gas Hills Project in Wyoming.  Strathmore has a large acreage position in the US of prospects that it intends to JV or sell to concentrate on it's core products.  These properties were acquired many years ago at very low prices.  


Uranerz Energy URZ
http://www.uranerz.com

FAVORITE JUNIOR MOLYBDENUM MINERS:




FAVORITE JUNIOR TUNGSTEN MINERS:

DYNACOR MINES DYN.to MSDRF.PK
http://www.dynacor.com/

FAVORITE JUNIOR LEAD MINERS:




MontyHigh's blog, quite informative: http://montyhigh.typepad.com/world_of_wallstreet/

A Good web site for juniors: http://miningpedia.com/

 

PostSubject
#31507   hello to the board..I've reading here for quite mytvsbroke 10/24/14 10:38:14 AM
#31506   GORO management is pulling their usual scummy games. Lone Clone 10/21/14 03:52:36 PM
#31505   Gold Resource GORO (Bad news)reports Q3 production of checkmate28 10/20/14 11:27:16 PM
#31504   Dr Air LOL! RIC Heres how it happened. checkmate28 10/18/14 09:47:32 AM
#31503   RIC - you heard it here first... dr_airtime 10/18/14 02:01:41 AM
#31502   Dr Air Re: RIC checkmate28 10/17/14 05:24:08 PM
#31501   P.TO COO Leaves for RIC.TO dr_airtime 10/17/14 09:23:30 AM
#31500   Kootenay Silver drilling confirms new silver discovery on basserdan 10/15/14 12:15:41 PM
#31499   PVG +11.32% $5.90 after +6.51% yesterday. Best silver100 10/14/14 01:13:25 PM
#31498   EXN.T EXLLF up 25% Was a no brainer checkmate28 10/14/14 10:55:37 AM
#31497   Here is the link...you can check some of bobby1231 10/13/14 06:55:06 PM
#31496   Bobby.... Is that 170M in total or is top dr_airtime 10/13/14 05:11:56 PM
#31495   Dr_airtime...Check out TGZ holdings bobby1231 10/12/14 03:51:45 PM
#31494   I hope that will do something for the goforthebet 10/10/14 01:30:52 PM
#31493   An Open Letter to the Mining Industry basserdan 10/10/14 01:08:49 PM
#31492   LGC.V -could be worth a stab... dr_airtime 10/09/14 01:43:24 PM
#31491   CDE - took a stab again... dr_airtime 10/08/14 03:48:33 PM
#31490   Support...double ... triple... quadruple bottoms... It's all a the cork 10/07/14 05:26:20 PM
#31489   "..a break would also likely violate the long-term JustForFun7 10/07/14 04:50:05 PM
#31488   I don't know why a double bottom is Lone Clone 10/07/14 03:05:09 PM
#31487   OT from Miners: Central Fund selling at 6% dr_airtime 10/07/14 02:54:44 PM
#31486   that is a read for tomorrow morning. too goforthebet 10/07/14 02:44:58 PM
#31485   Goforthebet - also see these last two posts... dr_airtime 10/07/14 02:41:16 PM
#31484   well, seems that way, at least for now goforthebet 10/07/14 01:56:22 PM
#31483   FWIW - Here is someone who thinks it dr_airtime 10/07/14 01:35:16 PM
#31482   can you pls clear that up for me: goforthebet 10/07/14 08:28:18 AM
#31481   Be very careful. Triple bottoms are much weaker Lone Clone 10/06/14 08:00:15 PM
#31480   Gold - Nice rebound so far... dr_airtime 10/06/14 01:39:21 PM
#31479   PTQ if you believe them, buy. If don't, run JustForFun7 10/02/14 08:47:51 AM
#31478   I don't trust 'em. couer is to silver the cork 10/01/14 03:55:49 PM
#31477   I have bought Couer on and off... dr_airtime 10/01/14 03:19:41 PM
#31476   PTQ.to - any update here? buy, sell or eom7 10/01/14 01:58:35 PM
#31475   CDE Coeur Mining, Haven't bought yet, but checkmate28 09/30/14 11:24:37 PM
#31474   AXU Alexco getting pounded. FOR HOW LONG? Waiting optionslearner 09/30/14 02:00:35 PM
#31473   MND.TO dr_airtime 09/29/14 12:51:00 AM
#31472   Silver Bull Provides Corporate Update on the Sierra basserdan 09/26/14 01:58:29 PM
#31471   I queried a paid newsletter from someone who xrymd 09/24/14 12:54:50 PM
#31470   Good news from CGT.v ... !!! kozuh 09/24/14 09:58:07 AM
#31469   The story with any mining stock right now the cork 09/23/14 05:55:35 PM
#31468   Silver (Bull) dr_airtime 09/23/14 05:17:11 PM
#31467   <<<Silver Bull continues to Slide, anyone nibbling or basserdan 09/23/14 04:00:20 PM
#31466   Silver Bull continues to Slide, anyone nibbling or steelpiston71 09/23/14 02:30:30 PM
#31465   Two Estimations of Chinese Gold Demand basserdan 09/23/14 09:03:43 AM
#31464   KOOTENAY SILVER ANNOUNCES FIVE DRILL HOLES COMPLETED ON basserdan 09/22/14 09:01:44 AM
#31463   The boobs currently setting the gold price will the cork 09/18/14 02:29:33 PM
#31462   So much for Gold price going heading higher... bobby1231 09/18/14 08:35:22 AM
#31461   WFEMF ~ Expecting major news during the second PennyStockInvestor 09/15/14 11:34:45 AM
#31460   EGZ.v ENZR Energizer Resources Up nearly 100% last checkmate28 09/15/14 10:07:41 AM
#31459   TGM.V - trade at a premium for a dr_airtime 09/14/14 06:09:14 PM
#31458   USA.TO - $16.80 All-In + Corporate G&A in 2015 dr_airtime 09/14/14 05:34:04 PM
PostSubject