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Last Post: 5/7/2021 10:04:58 AM - Followers: 413 - 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
#35168   Pick 4 Contest #14 Deadline Less than 6 SSKILLZ1 05/07/21 10:04:58 AM
#35167   SBSW possible mega merger is a ways off:https://www.miningmx.com/news/gold/46009 huesos 05/07/21 07:39:05 AM
#35166   KOOTENAY SILVER HITS SEVERAL HIGH-GRADE INTERCEPTS IN THE basserdan 05/06/21 10:16:30 AM
#35165   Aurcana Silver Provides Construction Update And Production Outlook basserdan 05/05/21 05:12:37 PM
#35164   https://ceo.ca/@thenewswire/abrasilver-reports-new-high-grade-silver-gold-intercepts ABRA ABBRF gold80302 05/03/21 09:05:16 AM
#35163   Pick 4 Contest #14 Board is up. SSKILLZ1 05/02/21 12:11:27 AM
#35162   Aurcana Silver Corporation live webinar Monday, April 26, basserdan 04/26/21 01:02:31 PM
#35161   Ucore Rare Metals Inc.$UURAF engages in the exploration SpotOnTrade 04/24/21 09:55:54 AM
#35160   $IDEX December numbers SpotOnTrade 04/24/21 09:54:52 AM
#35159   "Defunct project recycler" no I would not CPTMatt 04/22/21 02:45:26 PM
#35158   OMG: Is this company a defunct project recycler? huesos 04/22/21 10:56:06 AM
#35157   OMG/OMGGF released results of first two holes today CPTMatt 04/21/21 04:34:15 PM
#35156   Silver Bull Announces Voting Results of Annual Meeting basserdan 04/20/21 10:33:50 AM
#35155   https://ceo.ca/@thenewswire/abrasilver-reports-additional-multiple-broad-gold-in gold80302 04/20/21 10:16:10 AM
#35154   KOOTENAY SILVER PROVIDES DRILLING UPDATE ON 5,000 METER basserdan 04/15/21 11:03:50 AM
#35153   Anyone follow NIKLF? EOM bbotcs 04/14/21 11:45:09 AM
#35152   I sold it a few months ago. Bobwins 04/13/21 10:02:50 AM
#35151   Bobwins, do you still like Pure Gold? yielddude 04/13/21 09:11:30 AM
#35150   Silver Bull Announces Postponement Of Annual Meeting Of Shareholders basserdan 04/13/21 09:08:51 AM
#35149   Reports $26.8M in Revenues and EV Sales Growth dj4321 04/12/21 09:47:01 AM
#35148   Magna Gold MGLQF/MGR.v +.0388 to .7838 Bobwins 04/09/21 11:01:58 AM
#35147   My personal plea to ALL fellow Silver Bull basserdan 04/06/21 01:13:53 PM
#35146   https://ceo.ca/@thenewswire/abrasilver-reports-additional-high-grade-silver-and gold80302 04/06/21 08:46:28 AM
#35145   Anyone look at Omai Gold? OMG/OMGGF CPTMatt 04/05/21 04:26:16 PM
#35144   Silver Bull Announces Private Placement of C$2,517,500 in basserdan 04/02/21 12:47:42 PM
#35143   https://ceo.ca/@thenewswire/abrasilver-announces-new-step-out-exploration-program gold80302 04/01/21 09:34:57 AM
#35142   Silver Bull Resources Wins Lawsuit in Mexico basserdan 03/31/21 10:10:14 AM
#35141   KOOTENAY SILVER SIGNS OPTION AGREEMENT TO GRANT CENTERRA basserdan 03/31/21 09:01:17 AM
#35140   https://ceo.ca/@thenewswire/abrasilver-reports-continued-drilling-success-at-dia gold80302 03/29/21 09:43:14 AM
#35139   https://www.garibaldiresources.com/site/assets/files/3966/2021-03-09-ggi-cp.pdf gold80302 03/27/21 09:18:30 AM
#35138   KOOTENAY SILVER COMMENCES DRILLING AT COPALITO HIGH-GRADE SILVER basserdan 03/26/21 09:18:37 AM
#35137   Possibly the most important chart that nobody seems basserdan 03/23/21 09:38:17 AM
#35136   This is an excellent Aurcana Silver presentation. (AUN.V; AUNFF) basserdan 03/22/21 02:03:41 PM
#35135   GORO Nice article. Author claims recurring 50 million-dollar checkmate28 03/21/21 10:09:58 AM
#35134   KOOTENAY SILVER TRENCHES 33.0 METERS OF 2.67 GPT basserdan 03/18/21 12:24:51 PM
#35132   The most imteresting PRs yesrerday were from AMK, Lone Clone 03/10/21 11:58:14 AM
#35131   Any Uranium miners that look attractive lately with littlefish 03/08/21 02:56:00 PM
#35130   Bobwins: sand bbotcs 03/06/21 09:50:40 PM
#35129   Yeah Freight costs for a bulk commodities are killers douginil 03/06/21 06:47:41 PM
#35128   I did have a sand play but it Bobwins 03/06/21 06:41:34 PM
#35127   Bobwins: Sand bbotcs 03/06/21 01:35:24 PM
#35126   $IDEX ( Electric Farming Tractor) Global $75B SpotOnTrade 03/03/21 01:25:23 PM
#35125   KOOTENAY SILVER COMMENCES DRILLING AT COLUMBA HIGH-GRADE SILVER basserdan 03/03/21 12:02:13 PM
#35124   AR.T Argonaut Gold Delivered Big time. Conference call checkmate28 02/25/21 09:48:10 PM
#35123   ORV.T ORVMF Orvana +20% on high volume. Hit checkmate28 02/24/21 12:14:34 AM
#35122   I updated ITRG board. If you want take bio1275 02/22/21 04:48:00 AM
#35121   Is anyone holding ITRG? If yes follow the bio1275 02/20/21 02:30:39 AM
#35120   Aurcana Silver Provides Construction Update for Its Revenue basserdan 02/19/21 02:38:41 PM
#35119   Yielddude, Little late. Ill just throw out some checkmate28 02/19/21 10:49:29 AM
#35118   Do you have a best guess for fair yielddude 02/19/21 09:56:57 AM
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