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Last Post: 4/25/2015 9:58:03 AM - Followers: 427 - 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
#31796   Another zinc developer worth consideration IMO Lone Clone 04/25/15 09:58:03 AM
#31795   GORO Gold Reource corp. Great article on GORO checkmate28 04/24/15 08:54:55 AM
#31794   Trevali Sees Positive Initial Results From Caribou Zinc Lone Clone 04/23/15 06:56:09 PM
#31793   Create a news search for 'Andy Home Reuters'. Lone Clone 04/22/15 06:52:58 PM
#31792   Gowest Gold GWA.v Update: Since I posted checkmate28 04/22/15 06:22:32 PM
#31791   story from Mineweb Bobwins 04/22/15 10:09:06 AM
#31790   That is why I bought Foran mining and xrymd 04/22/15 08:16:06 AM
#31789   Zinc prices finally seem to be responding to Bobwins 04/22/15 02:05:03 AM
#31788   Pick 3 Contest 2 Rules SSKILLZ1 04/21/15 09:44:58 AM
#31787   Pick 3 Contest 2 New Board SSKILLZ1 04/21/15 09:43:38 AM
#31786   How to Fix the TSX Venture Problems basserdan 04/20/15 10:09:55 PM
#31785   Welcome back MontyHigh! Always good to have Bobwins 04/19/15 04:46:15 PM
#31784   Thanks for the encouragement, I'll try to start MontyHigh 04/19/15 02:30:12 PM
#31783   Monte, Im in, bring your commentary. Your posts checkmate28 04/19/15 11:41:31 AM
#31782   Hey Bobwins and company... MontyHigh 04/18/15 08:44:06 PM
#31781   Um, check the date on that IKN article Lone Clone 04/15/15 04:41:54 PM
#31780   I know what he thought..... dr_airtime 04/15/15 02:58:40 PM
#31779   If you know what Otto thinks about CEO.ca, garb0 04/15/15 11:52:04 AM
#31778   Dr Airtime, apatel1 04/14/15 06:03:07 PM
#31777   TMM.TO - not going under but low in? dr_airtime 04/14/15 02:08:27 PM
#31776   Lone - thoughts on IKN closing? dr_airtime 04/14/15 12:31:16 PM
#31775   BTW, the post I just made has real Lone Clone 04/14/15 12:14:30 PM
#31774   It's a shame you have to lower the Lone Clone 04/14/15 12:13:07 PM
#31773   TV.to 1.10 +0.02 (1+1.85%) JustForFun7 04/14/15 10:20:27 AM
#31772   R.TO - debt facility secured. dr_airtime 04/12/15 09:33:39 PM
#31771   SAS St Andrews Reports Q1 2015 Production of checkmate28 04/10/15 12:43:56 PM
#31770   TV .05 (4.72%) $1.11 cdn JustForFun7 04/10/15 12:18:30 PM
#31769   In a World Filled With Gluts, One Metal basserdan 04/10/15 11:54:10 AM
#31768   TV +.03 2.83% $C 1.09 JustForFun7 04/10/15 11:43:16 AM
#31767   EDV.to/edvmf +.02 to C$.63 Bobwins 04/10/15 10:54:29 AM
#31766   ASR.TO/ALIAF - Alacer next Rio Alto? dr_airtime 04/09/15 12:00:51 PM
#31765   ORT-- i like seeing the govt money the value1008 04/09/15 11:56:44 AM
#31764   it's tough to produce miracles. That's what Bobwins 04/09/15 11:52:33 AM
#31763   ORT.to / EORBF-- Bobwins, i've not been in value1008 04/09/15 10:16:42 AM
#31762   thanks, Ke-mo sah-bee ... kozuh 04/07/15 08:16:00 PM
#31761   Bob: Maybe there is hope yet. A good Tim Lamb 04/07/15 08:09:25 PM
#31760   You are completely full of it, touting the huesos 04/07/15 01:26:29 PM
#31759   ORT.to/eorbf +.01 to C$.27 Bobwins 04/07/15 11:08:54 AM
#31758   I am not going to do a detailed Lone Clone 04/06/15 07:30:29 PM
#31757   I have never shorted anything, alas, and when Lone Clone 04/06/15 06:32:38 PM
#31756   Interesting news out that Indian jewelry producer that CPTMatt 04/06/15 04:20:52 PM
#31755   Just look at Halgarten and company. You want huesos 04/06/15 02:05:13 PM
#31754   The slimy individual behind this smear is a basserdan 04/05/15 02:10:52 PM
#31753   You have to keep in mind who you huesos 04/05/15 01:53:23 PM
#31752   Loneclone Re GORO You've called GORO mgt shameless, checkmate28 04/04/15 11:09:45 AM
#31751   R.TO - Debt Facility PR, Waiting but positive. dr_airtime 04/02/15 07:13:03 PM
#31750   GWA.v. Gowest gold shares available now, about checkmate28 04/02/15 01:48:09 PM
#31749   SAS Volume, My guess without investigation, would be checkmate28 04/01/15 02:00:38 PM
#31748   R.TO Romarco Minerals - great entry point IMO dr_airtime 04/01/15 01:43:52 AM
#31747   SAS.TO - 27M shares traded yesterday... dr_airtime 03/31/15 11:55:13 PM
PostSubject