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Last Post: 10/9/2019 2:15:58 PM - Followers: 407 - 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
#34633   Kootenay Silver Inc. Video basserdan 10/09/19 02:15:57 PM
#34632   Goro +.19 to $3.41 Bobwins 10/07/19 10:01:21 AM
#34631   Wow - Got some competent due-diigencers here it nowwhat2 10/05/19 01:33:42 AM
#34630   World Class Mining Executive Appointed to Board of Directors dj4321 10/04/19 09:25:43 PM
#34629   Silver Bull Intercepts 17.1 Meters of Mineralization Grading basserdan 10/04/19 10:52:35 AM
#34628   KOOTENAY SILVER COMPLETES SURFACE ACCESS AGREEMENT ON THE basserdan 10/03/19 08:39:37 PM
#34627   NEWS - $GYA.V / $GYNAF Guyana Goldstrike Reports dj4321 10/03/19 10:37:11 AM
#34626   See the post by marcos over on the Lone Clone 10/02/19 02:30:05 PM
#34625   Silver Bull Halts Operations At The Sierra Mojada basserdan 09/30/19 12:59:48 PM
#34624   gold80302 09/30/19 10:45:26 AM
#34623   GGI GGIFF https://www.facebook.com/FTMIGMining/videos/392942928047813/ gold80302 09/27/19 02:38:24 PM
#34622   GGI GGIFF https://www.ftmig.com/company-news-releases/garibaldi-expands-drillin gold80302 09/27/19 02:37:00 PM
#34621   Let's meet back here in three years to Lone Clone 09/23/19 06:44:35 PM
#34620   silver gapping up this morning. +.82 Bobwins 09/23/19 02:24:56 PM
#34619   Lone Clone gold80302 09/17/19 10:08:02 PM
#34618   I hope for your sake that you are Lone Clone 09/17/19 09:18:11 PM
#34617   Slideshow presentation by Kootenay Silver's President and CEO basserdan 09/17/19 12:37:07 PM
#34616   Why the largest Gold Miners are Investing dj4321 09/17/19 10:00:14 AM
#34615   Slideshow presentation by Aurcana's COO Brian Briggs at basserdan 09/16/19 11:02:40 PM
#34614   Lone Clone if you did a little research gold80302 09/14/19 07:21:24 PM
#34613   OTOH, a real geologist takes a look at Lone Clone 09/14/19 11:33:34 AM
#34612   GGI GGIFF Erik Sprotts comments on GGI gold80302 09/13/19 10:14:06 AM
#34611   GGI GGIFF Looks like the biggest Nickel gold80302 09/12/19 08:52:19 AM
#34610   GGI GGIFF Garibaldi Drills 18.2 Meters gold80302 09/12/19 08:24:10 AM
#34609   Gold is rising to the top of many dj4321 09/11/19 10:34:28 AM
#34608   $GBR.V Great Bear Reports Multiple Discoveries Drills 53.7 dj4321 09/09/19 03:06:00 PM
#34607   ouch, that's gonna leave a mark. Silver Bobwins 09/06/19 01:04:10 AM
#34606   another positive day for silver and not so Bobwins 09/04/19 06:45:46 PM
#34605   Chairman of K92 Mining Inc. joins Guyana Goldstrike Inc. dj4321 09/03/19 01:39:13 PM
#34604   Platinum appears to be joining the party. Bobwins 09/03/19 09:27:07 AM
#34603   FWIW, Steve Saville expects a correction in PMs, Lone Clone 08/29/19 08:52:56 PM
#34602   are we near a short term top? Bobwins 08/29/19 11:34:36 AM
#34601   KOOTENAY INTERCEPTS MORE HIGH GRADES ON COLUMBA SILVER basserdan 08/29/19 10:54:25 AM
#34600   Coro Mining coromining.com COP on the TSX biggross 08/29/19 05:46:08 AM
#34599   silver took off this morning. +.53 to Bobwins 08/27/19 02:36:28 PM
#34598   gold and silver have awakened from a multi Bobwins 08/23/19 10:22:39 AM
#34597   Buy Gold & Silver Bullion.. They are rocking SpotOnTrade 08/23/19 10:17:15 AM
#34596   SGI.V Not great but emotionally speaking market just sold dr_airtime 08/18/19 01:52:58 PM
#34595   GOLD Junior - Phase 2 = Multiple Drill Targets dj4321 08/15/19 12:17:43 AM
#34594   silver and gold vs silver and gold miners Bobwins 08/14/19 10:02:54 PM
#34593   SGI.v/SUPGF -.26 to C$.84 Ugh!!!! Bobwins 08/14/19 10:57:34 AM
#34592   KOOTENAY ANNOUNCES $5 MILLION INVESTMENT BY STRATEGIC INVESTOR basserdan 08/13/19 04:18:40 PM
#34591   Slow as hell but still like $GYA.V https://www.tradingview.com/symbols/TSXV-GYA/ TurboStocks 08/12/19 01:53:45 PM
#34590   KOOTENAY ANNOUNCES DRILL RESULTS CONFIRMING SHALLOW, HIGH GRADE basserdan 08/12/19 12:23:25 PM
#34589   Promotional hole with more than 6% nickel. Yep gold80302 08/09/19 11:49:53 AM
#34588   Brent Cook might apologize if and when GGI Lone Clone 08/09/19 11:44:28 AM
#34587   GGI (GGIFF) continues to hit in maybe the gold80302 08/09/19 11:30:30 AM
#34586   Gold Price Is Roaring: Strong Momentum Could See dj4321 08/08/19 12:12:39 PM
#34585   fsm +.04 to 4.23 Bobwins 08/07/19 01:41:10 AM
#34584   Overall, the gold and silver breakout appears to Bobwins 08/06/19 11:24:44 AM
PostSubject