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Last Post: 7/24/2014 6:29:17 PM - Followers: 432 - 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
#31338   GORO up .26 on 5.2 M shares or checkmate28 07/24/14 06:29:17 PM
#31337   TRII... silver/cobalt explorer with a NI 43-101 in Pro-Life 07/24/14 06:56:52 AM
#31336   Kootenay announces drill program to commence August 2014 basserdan 07/22/14 10:46:46 AM
#31335   TRII Daily Chart...Solid Build & Accumulation: Strong99 07/18/14 11:27:22 AM
#31333   TGD up .22 to 1.94 on news ... !!! kozuh 07/17/14 10:53:03 PM
#31332   Forum Uranium Options Patterson Lake South Area Property basserdan 07/16/14 08:50:16 AM
#31331   Teranga Gold Corporation bobby1231 07/15/14 03:18:41 PM
#31330   I have owned at least some shares of Lone Clone 07/15/14 01:38:15 PM
#31329   dr airtime: USA.TO/USSIF bbotcs 07/15/14 11:17:28 AM
#31328   USA.TO/USSIF - potential turn around.... dr_airtime 07/14/14 06:44:25 PM
#31327   Were noting: George Soros has bought ABX bbotcs 07/14/14 01:43:28 PM
#31326   8-k out. Hecla Mining - HL Q2 2014 production the cork 07/14/14 01:32:03 PM
#31325   Drover, Dover, they're all the same ... kozuh 07/12/14 03:53:03 PM
#31324   TGZ - I wouldn't sell unless you are... dr_airtime 07/11/14 05:07:24 PM
#31323   TGZ / TGCDF ($0.82) - Nice move up! cleverrox 07/11/14 02:10:31 PM
#31322   LSG Lakeshore Knocks it out of the park checkmate28 07/11/14 09:40:48 AM
#31321   Too bad the new guy's first name is nsomniyak 07/10/14 10:18:52 PM
#31320   Great AUNFF news indeed! the cork 07/10/14 10:12:06 PM
#31319   Some really great news about Aurcana! basserdan 07/10/14 09:17:10 PM
#31318   congrats on AUMN ... !!! kozuh 07/10/14 10:10:14 AM
#31317   AUMN Golden Minerals up another +28% to 1.33 checkmate28 07/10/14 01:09:17 AM
#31316   Monty... ...great website. I remember you "showing up" again dr_airtime 07/08/14 02:59:07 PM
#31315   SAS.v .36 Continues to impress with todays checkmate28 07/08/14 12:45:11 PM
#31314   CSQ.v/CNMXF I bought a starter after Gold Resources checkmate28 07/08/14 01:37:16 AM
#31313   CSQ.V - Here is 15 minute CEO Interview... dr_airtime 07/07/14 07:28:27 PM
#31312   CSQ.V - Saw that and bought some... dr_airtime 07/07/14 04:31:53 PM
#31311   Subscription Services Recommendations... MontyHigh 07/07/14 04:28:30 PM
#31310   Canamex (CSQ.v/CNMXF) doing great today on news! stock_peeker 07/07/14 01:59:31 PM
#31309   daredguy: OT LOL! The paper, bbotcs 07/06/14 05:01:32 PM
#31308   OT: no worries, bbotcs, i have checked with daredguy 07/06/14 02:50:07 PM
#31307   kozuh: OT Well, they started making bbotcs 07/06/14 01:37:30 PM
#31306   TMM.TO/TGD - couple articles out on old pick. dr_airtime 07/04/14 12:28:00 PM
#31305   Cars skins made of Aluminum ... kozuh 07/03/14 07:55:41 PM
#31304   Luckily my granddaughter is approaching 2 years old Bobwins 07/03/14 11:25:35 AM
#31303   ORT.to/eorbf up 8% to .54 - Only a CPTMatt 07/03/14 11:16:47 AM
#31302   MND.TO... ..that is price it first opened at on dr_airtime 06/27/14 05:11:39 PM
#31301   MND.to up .05 to 1.05 ... !!! kozuh 06/27/14 04:23:05 PM
#31300   re: ORT.to/eorbf ... kozuh 06/26/14 10:59:23 PM
#31299   My earth sciences background has made me very zenvesting 06/25/14 11:58:00 PM
#31298   @ zen, yes, I also like GEG,as a 123tom 06/25/14 03:11:55 PM
#31297   GEG.v: A friend of mine got those $0.16 zenvesting 06/25/14 11:52:35 AM
#31296   Silver Bull: Another Cheap Silver Stock That Is basserdan 06/25/14 09:14:04 AM
#31295   well the purpose of their first HPA plant Bobwins 06/24/14 11:06:39 PM
#31294   GEG made a 'nice ' pullback today 123tom 06/24/14 04:39:23 PM
#31293   China Gold set up shop in Vancouver dr_airtime 06/24/14 04:36:38 PM
#31292   ORT.to/eorbf Another hurdle is proof that they can CPTMatt 06/24/14 12:46:52 PM
#31291   ORT.to/eorbf +.07 to C$.50 I Bobwins 06/24/14 12:44:01 PM
#31290   ORT.to/EORBF +.02 to C$.45 nothing to Bobwins 06/24/14 09:51:29 AM
#31289   GEG.v samples 85 m @ 2.9 g/t Au zenvesting 06/23/14 10:29:43 AM
#31288   Yeah sure, what ever. You're not fooling me. the cork 06/23/14 03:33:19 AM
PostSubject