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Last Post: 2/11/2016 7:25:34 PM - Followers: 417 - 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
#32169   Very positive long-term outlook for platinum – Hinkly Lone Clone 02/11/16 07:25:34 PM
#32168   Well after I posted my message at least Traderfan 02/11/16 04:38:50 PM
#32167   Trader GWA.V I know like watching grass grow checkmate28 02/11/16 04:31:22 PM
#32166   Yes and at some point (I would think Tim Lamb 02/11/16 02:54:03 PM
#32165   Tgz.to +.06 to C$.515. Rising tide lifting all Bobwins 02/11/16 01:10:22 PM
#32164   TGZ.TO, it used to trade around the same Tim Lamb 02/11/16 11:11:20 AM
#32163   GWA, Checkmate Traderfan 02/11/16 10:31:57 AM
#32162   True but platinum is in slight deficit and Bobwins 02/11/16 07:22:39 AM
#32161   As an industrial metal if one believes the CPTMatt 02/11/16 06:52:55 AM
#32160   Gold keeps climbing. Helping mining stocks. Got Bobwins 02/11/16 02:19:06 AM
#32159   C$2.41 Orocobre continues to improve production at their new Bobwins 02/09/16 04:08:29 AM
#32158   I almost bought some LSG on Wednesday after Lone Clone 02/05/16 09:21:17 PM
#32157   JustForFun7 Just wondering if you feasted on any checkmate28 02/05/16 03:55:11 PM
#32156   LC should have the inside on this one. checkmate28 02/05/16 03:31:13 PM
#32155   LSG.T Lakeshore gold Halted. Whats the checkmate28 02/05/16 02:38:54 PM
#32154   TF GWA One thing for sure. Wheather checkmate28 02/04/16 05:10:25 PM
#32153   GWA, they put it on hold on what Traderfan 02/04/16 01:22:39 PM
#32152   GORO UP nearly 20% today. Was my favorite checkmate28 02/04/16 12:47:31 PM
#32151   Excellent interview of Bob Moriarty calling the bottom checkmate28 02/03/16 06:34:21 PM
#32150   AR.T Just hit $1.14 up nearly 50% from checkmate28 02/03/16 11:54:05 AM
#32149   GWA.v PR With comments Gowest Gold Provides Update checkmate28 02/03/16 11:24:56 AM
#32148   Here's the start of the rapid increase in Lone Clone 02/02/16 08:24:40 PM
#32147   JFF7 - buy this aussie miner on TSX dr_airtime 02/01/16 07:01:54 PM
#32146   thx checkmate....certainly its a proven area. Consistent results JustForFun7 02/01/16 04:09:15 PM
#32145   Justforfun For your recipe gold miner operating checkmate28 02/01/16 10:41:02 AM
#32144   Looking to buy a gold miner operating JustForFun7 01/31/16 11:33:51 PM
#32143   Traderfan, I think the trouble is, there has checkmate28 01/30/16 02:02:02 PM
#32142   Gold up 6-7% from the lows it seems Traderfan 01/29/16 11:40:30 AM
#32141   AR.v Argonaut Gold Motly Fool just checkmate28 01/29/16 09:13:23 AM
#32140   TGZ.to .42 Bobwins 01/28/16 10:01:11 PM
#32139   I bought a few extra shares today. Bobwins 01/28/16 02:20:57 AM
#32138   TGZ.TO.. ..they haven't exactly hit it out of the dr_airtime 01/28/16 12:43:05 AM
#32137   Chile is moving aggressively to develop its vast Lone Clone 01/27/16 07:09:54 PM
#32136   What do you think about Teranga here. Bobwins 01/27/16 01:58:48 AM
#32135   ORL.to/OROCF -.02 to C$2.39 Bobwins 01/26/16 10:32:18 PM
#32134   EDV.To Great day. Happy for you guys. I checkmate28 01/26/16 06:15:33 PM
#32133   EDV.TO - 3rd best today dr_airtime 01/26/16 05:18:42 PM
#32132   EDV.to/EDVMF +.96 to C$8.46 Wow! Bobwins 01/26/16 04:01:30 PM
#32131   EDV.to/EDVMF +.46 to C$7.96 another big Bobwins 01/26/16 10:58:36 AM
#32130   I am not concerned about being taken seriously. huesos 01/25/16 01:15:15 PM
#32129   EDV.to/EDVMF +.25 to C$7.50 Endeavour Bobwins 01/25/16 12:02:46 PM
#32128   OT: You might be taken a little more Lone Clone 01/22/16 01:48:17 PM
#32127   I liked the video ... kozuh 01/21/16 10:43:13 PM
#32126   Your friends and mine, Halgarten fronted by IKN huesos 01/21/16 07:05:17 PM
#32125   Enjoyed the video but now have the lyrics Bobwins 01/21/16 04:12:09 PM
#32124   Maybe needed some bling to... dr_airtime 01/21/16 03:44:32 PM
#32123   Which begs the question - what the heck nsomniyak 01/21/16 10:25:10 AM
#32122   CptMatt, "before an unfortunate boating accident" Bobwins 01/20/16 09:42:07 PM
#32121   Man that sucks tr8dervic 01/20/16 07:45:04 PM
#32120   Yep no prob. I bought a bunch of CPTMatt 01/20/16 07:16:05 PM
PostSubject