I am accumulating about 50%+ of my new purchases on shares of miners that have the best chance at becoming 10 -25 baggers, and also a low risk of failing. I can endure some short term pain, knowing I have solid companies that can endure these and even lower metal prices. Will have a special eye out for companies in the penalty box, that have shored up operations and solved problems that will allow them great future CF relative to their EV or NAV. Will blend this with the other smart strategy here of concentrating on the best CF ratios period. Might be early, but would rather take my time picking off bargains with no competition, than to have to throw money at running stocks.
When I use 10 - 25 bagger future value, I am assuming gold near $2000 and silver back to $50
For future accumulation
EDV 3rd and 4th quarter numbers
RIC Island gold very high grade coming
GORO Gearing up for higher production, increased resource & divy
EXN Handling their water issue
AUN Dont laugh here, but they are putting things together now that Rodriguiz is gone. Could be 5 - 6 million oz Ag at industry leading low cost and a restructuring of the loan. This would greatly derisk the shares and it would compare favorably with Silvercrest which is trading at 7x the market cap of Aurcana
