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: 4/3/2020 12:43:30 AM - Followers: 408 - Board type: Free - Posts Today: 1

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
#34768   TRQ - PENTWATER Wants to Fight for TRQ's Majic 04/03/20 12:43:30 AM
#34767   $NEVDF Nevada Copper (TSX:NCU.TO) is a copper producer SpotOnTrade 04/01/20 02:56:59 PM
#34766   $NAK Northern Dynasty is a mineral exploration and SpotOnTrade 04/01/20 02:55:35 PM
#34765   KOOTENAY SILVER TEMPORARILY SUSPENDS DRILL PROGRAMS AT COLUMBA basserdan 04/01/20 02:39:39 PM
#34764   GGI GGIFF interview with Mark Scott, Director and gold80302 03/31/20 11:34:27 AM
#34763   Aurcana Corporation: Site Progress Update and the Virginius basserdan 03/29/20 09:26:01 PM
#34762   GORO New mine up and running, and out of dr_airtime 03/26/20 12:19:19 AM
#34761   Doc, what makes you confident in GORO, if huesos 03/25/20 09:18:40 PM
#34760   This is what I am doing today. dr_airtime 03/25/20 12:46:02 PM
#34759   Gold is backtracking from historic one day gain Bobwins 03/25/20 11:10:01 AM
#34758   The feeble rally attempt in the explorecos is huesos 03/25/20 10:44:45 AM
#34757   God Bless those politicians. Arguing over controls Bobwins 03/24/20 03:53:04 PM
#34756   "...KERR MINES CLOSES FINANCING WITH SPROTT RESOURCE LENDING ..." goldenpolarbear 03/24/20 07:33:41 AM
#34755   QE to infinity! FED promises to do Bobwins 03/23/20 01:59:13 PM
#34754   There has been one heck of a sell huesos 03/22/20 10:41:07 AM
#34753   SBSW -1.98 to 4.06 diving Bobwins 03/18/20 01:34:11 PM
#34752   Naturally as the price has fallen, the dealers Bobwins 03/17/20 12:58:50 PM
#34751   Where's the best place to buy bullion and zenvesting 03/17/20 11:54:04 AM
#34750   Any guesses as to which companies they may Majic 03/16/20 04:14:12 AM
#34749   Big Platinum News +$38.40 to $904.10 Bobwins 03/08/20 03:48:17 PM
#34748   GGI GGIFF News https://ceo.ca/@newswire/garibaldi-identifies-high-grade-gold-qu gold80302 02/28/20 05:12:36 PM
#34747   I believe some here are in interested in Lone Clone 02/28/20 04:49:53 PM
#34746   GGD.TO - Parral Tailings Humming + Los Ricos Prospect dr_airtime 02/26/20 04:55:27 PM
#34745   GGD.TO - Parral Tailing Humming + Los Ricos Prospect dr_airtime 02/26/20 04:55:26 PM
#34744   no gave up on SGI.v. It's still Bobwins 02/26/20 10:22:39 AM
#34743   SGI.V - here is some DD dr_airtime 02/26/20 03:11:52 AM
#34742   SGI.V - Bob are you buying again dr_airtime 02/25/20 02:50:13 PM
#34741   Thanx for the detail, especially about fishing. littlefish 02/21/20 05:07:54 PM
#34740   Had CDE last year. Market was banking Bobwins 02/21/20 01:46:27 PM
#34739   Hi BW, any current thoughts after the disappointing littlefish 02/21/20 01:19:54 PM
#34738   GGI GGIFF From Gold Investment Letter gold80302 02/21/20 10:21:53 AM
#34737   GGI GGIFF Resource continues to expand gold80302 02/21/20 09:12:48 AM
#34736   GOLD hitting 7 year highs at $1623. Bobwins 02/20/20 04:02:27 PM
#34735   KOOTENAY SILVER RECOGNIZED AS A 2020 TSX VENTURE basserdan 02/20/20 03:35:46 PM
#34734   KOOTENAY SILVER ANNOUNCES DRILLING BEGINS AT COLUMBA HIGH-GRADE basserdan 02/19/20 02:37:59 PM
#34733   SBGL +.77 to 12.77 SBGL riding Bobwins 02/19/20 10:44:52 AM
#34732   SBGL +.68 to $12, new 52wkhi Bobwins 02/18/20 01:32:01 PM
#34731   yielddude,,, OGC.to another old favorite. Bobwins 02/15/20 06:39:31 PM
#34730   Is anyone a fan of TRX. It seems yielddude 02/15/20 05:36:43 PM
#34729   Bobwins, thanks, that is very helpful yielddude 02/15/20 05:34:27 PM
#34728   mbx.to looks like a slow and steady play. Bobwins 02/15/20 05:05:57 PM
#34727   Bobwins, what are your top 3 junior miner picks yielddude 02/15/20 12:05:36 PM
#34726   This is small compared to what's coming. GDX, huesos 02/15/20 10:01:43 AM
#34725   SBGL +.55 to $11.39 Big Bobwins 02/14/20 12:47:42 PM
#34724   I was a little disappointed in the new Bobwins 02/14/20 12:22:48 PM
#34723   Bob - I see that Hecla HL priced nsomniyak 02/14/20 10:01:00 AM
#34722   GGI GGIFF gold80302 02/12/20 10:34:40 AM
#34721   Thanks Bobwins for the info. rrten 02/07/20 04:12:56 PM
#34720   no, holding 6/20 $3 calls. Bobwins 02/06/20 10:53:35 PM
#34719   Bobwins, I hope you don't mind me asking, rrten 02/06/20 04:19:14 PM
PostSubject