Fidelity SPDR Advertisement
Home > Boards > Free Zone > User's Groups >

Value Microcaps Junior Miners

RSS Feed
      Hide Sticky   Hide Intro
Moderator: Bobwins Assistants: cl001
Search This Board:
Last Post: 9/15/2014 11:34:45 AM - Followers: 434 - 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
#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
#31457   CMM.V - Also watch castle mountain's presentation... dr_airtime 09/14/14 05:08:42 PM
#31456   Watch Silver Bull President & CEO Tim Barry's basserdan 09/14/14 04:22:42 PM
#31455   SGR.TO might be good to buy in Q1 bobby1231 09/13/14 10:26:04 AM
#31454   ORT.to/EORBF Orbite has a nice bounce. Bobwins 09/12/14 11:29:03 PM
#31453   TGM.V is more of a longer term story bobby1231 09/12/14 11:50:47 AM
#31452   DMI.v/DMIFF -.06 to C$1.25 Bobwins 09/11/14 12:45:20 PM
#31451   GoGold Resources GGD.v Mexico Project has “Low Gold checkmate28 09/11/14 12:40:28 PM
#31450   GORO Dr Air GORO is hot to diversify checkmate28 09/11/14 12:16:46 PM
#31449   TGM.V - picked some up yesterday... dr_airtime 09/10/14 03:51:44 PM
#31448   GORO & CSQ.V - Note dr_airtime 09/10/14 02:54:37 PM
#31447   GORO- Another article to remind me why I checkmate28 09/10/14 09:23:10 AM
#31446   Depth/Level II Ask is Thin for WFEMF Woulfe PennyStockInvestor 09/08/14 05:42:37 PM
#31445   Caution owning stocks in west Africa bobby1231 09/08/14 01:28:00 PM
#31444   Coinmaker, are you still around? tr8dervic 09/08/14 12:50:19 AM
#31443   Dr Air, Ouch on AUM.t AUMN. Looks like checkmate28 09/05/14 11:24:03 AM
#31442   bought a few SLV options today. Silver Bobwins 09/04/14 03:19:43 PM
#31441   EDV now 13% cheaper somewhat following the POG. CPTMatt 09/04/14 01:20:00 PM
#31440   EXN.t EXLLF Excellon resources New Presentation Sept checkmate28 09/04/14 09:14:53 AM
#31439   Fat finger? Lone Clone 09/03/14 10:19:20 AM
#31438   AR.TO what's up with Argonaut gold this morning? JustForFun7 08/29/14 11:03:57 AM
#31437   Uracan and Forum Uranium Sign Definitive Option Agreement basserdan 08/29/14 09:11:10 AM
#31436   Kootenay Silver announces drill program underway on Promontorio's basserdan 08/28/14 10:52:13 AM
#31435   Posted by MustangGT at the Silver Bull board basserdan 08/28/14 08:48:05 AM
#31434   still holding epm.v/empgf +.045 to C$.325 Bobwins 08/27/14 01:18:14 PM
#31433   I bought some SAM shares just to collect Lone Clone 08/26/14 08:50:17 PM
#31432   WFEMF ~ World Class Tungsten Mine Next Year PennyStockInvestor 08/26/14 05:08:34 PM
#31431   TGZ... ...they are really reiterating they will make guidance. dr_airtime 08/26/14 02:28:59 PM
#31430   found this, any opinion? goforthebet 08/26/14 01:53:54 PM
#31429   August 26 presentation bobby1231 08/26/14 01:24:18 PM
#31428   TGZ & EXN Insider reports checkmate28 08/25/14 08:57:21 PM
#31427   TGZ bobby1231 08/25/14 12:13:29 PM
#31426   thanks kozuh, goforthebet 08/25/14 02:41:16 AM
#31425   Orvana Minerals (eom) kozuh 08/24/14 09:41:28 PM
#31424   hi dr_airtime, goforthebet 08/24/14 05:11:03 AM
#31423   Forum Uranium Acquires 100% of The Karpinka Property basserdan 08/22/14 09:16:01 AM
#31422   SAM.to to pay dividend ... !!!! kozuh 08/21/14 08:29:59 PM
#31421   I am bullish on SAM.to ... !!!! kozuh 08/21/14 12:23:44 AM
#31420   dr airtime, re: AMMG ... kozuh 08/20/14 08:55:40 PM
#31419   CMM.V - 7.46 g/t over 102m uncut... dr_airtime 08/20/14 01:26:11 PM
#31418   Hi checkmate, goforthebet 08/20/14 02:52:17 AM
#31417   GOFORTHEBET, SAS STADF I agree. I looked hard checkmate28 08/19/14 04:43:22 PM
#31416   STADF at a bargain price now. I am goforthebet 08/19/14 12:41:32 PM
#31415   Positive Drill Results from Northwest Athabasca Joint Venture basserdan 08/19/14 09:31:51 AM
#31414   North Bay Resources Inc. (NBRI): Mining Set To Spanky227 08/18/14 08:47:54 AM
#31413   IMT.V you are correct! Sorry about that- but antman 08/18/14 12:07:06 AM
#31412   Huge catalyst for the WFEMF share price: PennyStockInvestor 08/17/14 08:05:10 PM
PostSubject