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Last Post: 6/15/2021 9:38:11 AM - Followers: 414 - 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
#35218   https://ceo.ca/@newsfile/cerrado-gold-intercepts-235m-at-34gt-au-42m-at gold80302 06/15/21 09:38:11 AM
#35217   https://ceo.ca/@thenewswire/abrasilver-reports-additional-wide-high-grade-oxide gold80302 06/15/21 09:33:45 AM
#35216   $NAK Top Institutional Holders SpotOnTrade 06/14/21 09:58:12 PM
#35215   $NAK Northern Dynasty Minerals - 121 Mining Investment SpotOnTrade 06/14/21 09:21:58 PM
#35214   $IDEX Ideanomics Mobility focuses on the global EV SpotOnTrade 06/14/21 03:38:30 PM
#35213   GCM.TO (TPRFF) SSKILLZ1 06/14/21 03:36:22 PM
#35212   CMCL I purchased CMCL today at $13.78, In April SSKILLZ1 06/14/21 03:35:27 PM
#35211   Go spam your NAK crap somewhere else. huesos 06/14/21 10:35:47 AM
#35210   $IDEX The company is headquartered in New York, SpotOnTrade 06/13/21 03:24:00 PM
#35209   Wouldn't help copper if the dollar was climbing nowwhat2 06/12/21 12:26:18 AM
#35208   $NAK Northern Dynasty Minerals Says it Expects a SpotOnTrade 06/11/21 03:11:36 PM
#35207   $NAK The Pebble Project is the most significant SpotOnTrade 06/11/21 02:53:30 PM
#35206   Northern Dynasty Minerals $NAK 4.5 billion tonnes in SpotOnTrade 06/11/21 02:53:03 PM
#35205   $NAK Northern Dynasty Minerals The Pebble Mine contains SpotOnTrade 06/11/21 02:52:43 PM
#35204   $NAK Northern Dynasty Minerals SpotOnTrade 06/11/21 02:47:38 PM
#35203   https://ceo.ca/@newsfile/enduro-discovers-palladium-in-burgundy72-drill-core gold80302 06/10/21 05:18:47 PM
#35202   When US Dollar & Spot Prices reach key silver_bars 06/10/21 11:23:57 AM
#35201   I have followed ARG for many years, and Lone Clone 06/07/21 06:30:37 PM
#35200   Kootenay Silver Intercepts 19.43 Meters of 306.04 Gpt basserdan 06/07/21 12:53:05 PM
#35199   When is that? huesos 06/07/21 08:41:54 AM
#35198   Could be some fast gains when the bulk silver_bars 06/06/21 12:53:55 PM
#35197   A truly pathetic situation; it will probably mean huesos 06/04/21 09:43:10 AM
#35196   Gold bulls have had so much Paper Gold silver_bars 06/03/21 03:00:20 PM
#35195   It's staring everybody in the face and disbelief huesos 06/03/21 09:00:47 AM
#35194   Basel 3 skeptic know believes it will likely silver_bars 06/02/21 06:32:17 PM
#35193   Bobwins: HL bbotcs 06/02/21 04:40:28 PM
#35192   ARG.TO (ARREF) SSKILLZ1 06/02/21 03:05:45 PM
#35191   Aurcana Silver live webinar on Fri, Jun 4 basserdan 06/02/21 02:41:37 PM
#35190   HL faded a bit after the selling hit Bobwins 06/01/21 05:33:29 PM
#35189   Bobwins Nice Pick 4 call on Hecla. checkmate28 06/01/21 03:03:49 PM
#35188   GGI GGIFF https://www.garibaldiresources.com/news/2021/garibaldi-mobilizes-exp gold80302 06/01/21 10:07:48 AM
#35187   ABRA ABRFF https://www.abrasilver.com/news-releases/abrasilver-reports-multiple- gold80302 06/01/21 09:51:48 AM
#35186   Yes, someday these major league dipsticks will produce huesos 06/01/21 09:18:30 AM
#35185   Aurcana Silver on track to become major producer basserdan 05/31/21 08:15:48 PM
#35184   Reports of my demise have been greatly exaggerated! Bobwins 05/28/21 11:35:43 AM
#35183   Hey Bobwins, if you're reading this, hope you yielddude 05/27/21 02:34:07 PM
#35182   https://ceo.ca/@newsfile/enduro-samples-1277-gt-silver-451-copper-on-surface gold80302 05/27/21 02:28:02 PM
#35181   GCM.TO (TPRFF) SSKILLZ1 05/27/21 12:35:39 PM
#35180   GGI GGIFF https://www.marketsmartnewsletter.com/Garibaldi/GGIFF_20210526_23689 gold80302 05/27/21 12:10:17 PM
#35179   I checked in with Bobwins. He has been Lone Clone 05/27/21 11:23:01 AM
#35178   Looks like a perp walk of the living dead. huesos 05/26/21 11:55:39 AM
#35177   KOOTENAY SILVER INTERCEPTS 809 GPT SILVER OVER 2.63 basserdan 05/26/21 08:42:19 AM
#35176   Peru is going to be brutal no matter Lone Clone 05/25/21 12:35:39 PM
#35175   Silver Bull Announces Intent to Distribute Shares of basserdan 05/25/21 08:07:10 AM
#35174   Does anyone know why Bobwins hasn't posted since 4/13? back2basics 05/23/21 08:42:00 PM
#35173   If not , it's going to be brutal. huesos 05/18/21 12:03:23 PM
#35172   REG.V - waiting for Election dr_airtime 05/18/21 09:51:09 AM
#35171   https://www.abrasilver.com/news-releases/abrasilver-reports-104-metres-at-382-gt gold80302 05/17/21 08:33:15 AM
#35170   Dollar Debasement Makes Gold and Silver Shine – basserdan 05/16/21 04:43:58 PM
#35169   KOOTENAY SILVER INTERCEPTS 2,176 GPT SILVER EQUIVALENT OVER basserdan 05/13/21 10:22:00 AM
PostSubject
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