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: 11/24/2020 12:36:41 PM - Followers: 415 - 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
#35038   Yikes MGLQF -.06 to US$.74 Bobwins 11/24/20 12:36:41 PM
#35037   There was more thorough update from MIRL yesterday Lone Clone 11/24/20 11:08:06 AM
#35036   The clean uptrend channel on SBSW and IMPUY huesos 11/13/20 03:41:55 PM
#35035   Magna Gold, MGLQF/MGR.v US$.95 Bobwins 11/11/20 10:16:38 AM
#35034   silver and gold are bouncing back from the Bobwins 11/10/20 10:39:56 AM
#35033   Magna has acquired a silver project in Mexico. Bobwins 11/10/20 10:22:25 AM
#35032   Does it seem odd to anyone else that nsomniyak 11/06/20 08:54:14 PM
#35031   Aurcana Silver: Financing Completed - Construction Already Started basserdan 11/06/20 02:47:41 PM
#35030   Magna Gold Corp, MGR.v/MGLQF US$.95 Bobwins 11/05/20 02:49:39 PM
#35029   11AM EST Today GOLD RESOURCE Q3 CONFERENCE CALL checkmate28 11/03/20 09:34:47 AM
#35028   Gold Resource Corporation Reports Third Quarter Net Income checkmate28 11/03/20 09:28:36 AM
#35027   Aurcana Silver Corp’s High-Grade Silver Mine Is Fully basserdan 11/02/20 09:47:58 AM
#35026   SBSW +.40 to US$11.64 Sibanye Bobwins 10/29/20 12:32:34 PM
#35025   The stock price needs to hold .35 on huesos 10/28/20 09:55:44 AM
#35024   Kootenay Announces Results from 29 Holes of the basserdan 10/27/20 08:00:22 PM
#35023   PGM.V/LRTNF +.21 to C$2.51 Bobwins 10/27/20 10:13:13 AM
#35022   MAG +.84 to $18.43 Bobwins 10/21/20 07:03:01 PM
#35021   Here's another stock I am accumulating. Lone Clone 10/14/20 07:03:16 PM
#35020   This phenomenon is going to get the PM checkmate28 10/12/20 11:41:50 PM
#35019   SBSW is showing the same controversial gap that huesos 10/10/20 09:29:45 AM
#35018   AUMN Golden Minerals 9M shares volume Trading checkmate28 10/07/20 11:17:36 AM
#35017   GORO. Cheap Now! Bought last hour checkmate28 10/06/20 03:56:11 PM
#35016   GORO Gold Resources Spin off checkmate28 10/05/20 10:14:49 AM
#35015   GOLD RESOURCE CORPORATION ANNOUNCES INTENT TO CREATE TWO checkmate28 10/05/20 09:25:57 AM
#35014   SBSW +.41 to $11.16 +3.86% Bobwins 09/29/20 10:19:52 AM
#35013   GGI GGIFF News gold80302 09/29/20 08:05:56 AM
#35012   https://www.garibaldiresources.com/site/assets/files/3958/2020-10-01-cp-ggi.pdf gold80302 09/28/20 10:13:06 PM
#35011   sorry, don't know of one site that lists Bobwins 09/25/20 05:09:24 PM
#35010   Bobwins, do you know of a site that yielddude 09/25/20 01:43:57 PM
#35009   Argentina has imposed currency controls and made it Bobwins 09/25/20 01:25:55 PM
#35008   Picked up some ARNGF 1.95 yesterday, thanks for yielddude 09/24/20 12:48:22 PM
#35007   GGI GGIFF gold80302 09/22/20 08:40:09 AM
#35006   LC I was going to top off checkmate28 09/22/20 12:57:27 AM
#35005   DB7 Re AUMN Golden Minerals. Yes checkmate28 09/22/20 12:46:31 AM
#35004   I too picked up some F.V a few Lone Clone 09/21/20 05:49:21 PM
#35003   HL $5.36 -.32 Big selloff in Bobwins 09/21/20 11:05:59 AM
#35002   https://www.youtube.com/watch?v=CrY3MfwAMBc&feature=youtu.be YouTube gold80302 09/21/20 09:27:15 AM
#35001   Thanks for the idea check; story sounds almost db7 09/20/20 10:02:49 AM
#35000   Pounding the Table. AR.T ARNGF Argonaut Gold Announces checkmate28 09/19/20 07:53:25 PM
#34999   GOWEST GOLD: GWA.V GWSAF ADVANCING FINAL STEPS checkmate28 09/16/20 08:54:47 AM
#34998   Fantastic news for shareholders. An 8 for 1 huesos 09/15/20 10:38:34 AM
#34997   Silver Bull Announces Reverse Stock Split Of Common Stock basserdan 09/15/20 10:00:48 AM
#34996   https://www.youtube.com/watch?v=NlhHQ9DbIvQ&feature=youtu.be GGI GGIFF interv gold80302 09/14/20 08:12:22 AM
#34995   GGI GGIFF Garibaldi Drilling Extends E&L Intrusion gold80302 09/11/20 07:45:44 AM
#34994   LRTNF/pgm.v +.15 to US$2.10 Bobwins 09/09/20 10:25:29 AM
#34993   PGM.v/LRTNF +.08 to US$1.75 Pure Gold Bobwins 09/04/20 02:54:41 PM
#34992   Typo or not, you did a fine analysis huesos 09/03/20 03:01:35 PM
#34991   F.V Math typo correction. They cash flowed checkmate28 09/03/20 09:37:10 AM
#34990   F.v Fiore The Gift that keeps on giving checkmate28 09/03/20 12:53:55 AM
#34989   Silver Bull Provides Update On The Sierra Mojada Project basserdan 09/01/20 09:04:30 AM
PostSubject
Consent Preferences