Wednesday, January 03, 2018 11:03:14 AM
My Miner positions
So far we have a nice gold rally like predicted in my last post. I think it might be like January 2016. So does Checkmate. This means PM stocks are place to be for 2018.
I have 3 high conviction positions for 2018 that are about 70% of my family's portfolio right now which are USA.TO, a lucrative Turkish Natural Gas discovery VLE.V and Teekay Shipping TK - NYSE. VLE.V was very opportunistic and may get taken out in 2018.
I've got a lot of miners to round off the 30% I've purchase in the last month. I plan to move some funds into more miners over the next month. Here is what I am holding.
Eldorado ELD.TO/EGO
Here is a great summary of why I am holding
https://seekingalpha.com/article/4125238-eldorado-gold-epic-opportunity
EQX.TO Equinox - old Trek Mining. This is Ross Beatty mid-tier play. Down on historic position from when I bought Trek Mining, but only 20% down.
http://www.equinoxgold.com/
MND.TO - same thesis. Should double on ANY news. Still in the dumps from the Chile Mine opening collapse (only flooded 2% of reserves).
MUX.TO - bought because of the chart. Tons of upside.
EDR.TO - bought because of chart. Silver rally hold.
NVO.V - I bought recently after the huge selloff.
SSRM.TO (renamed Silver Standard). Recently sold off 40%. Not convinced this one is best option so might switch for another.
REG.V - covered here in detail.
Want to add BTO.TO (commissioning Fekola and will do 400k ounces from here in 2018) at least in next month. Also GCM.TO could be at start of big turn around, NGD.TO for both gold and copper upside and Liberty Gold LGD.TO for an advanced developer.
So far we have a nice gold rally like predicted in my last post. I think it might be like January 2016. So does Checkmate. This means PM stocks are place to be for 2018.
I have 3 high conviction positions for 2018 that are about 70% of my family's portfolio right now which are USA.TO, a lucrative Turkish Natural Gas discovery VLE.V and Teekay Shipping TK - NYSE. VLE.V was very opportunistic and may get taken out in 2018.
I've got a lot of miners to round off the 30% I've purchase in the last month. I plan to move some funds into more miners over the next month. Here is what I am holding.
Eldorado ELD.TO/EGO
Here is a great summary of why I am holding
https://seekingalpha.com/article/4125238-eldorado-gold-epic-opportunity
EQX.TO Equinox - old Trek Mining. This is Ross Beatty mid-tier play. Down on historic position from when I bought Trek Mining, but only 20% down.
http://www.equinoxgold.com/
MND.TO - same thesis. Should double on ANY news. Still in the dumps from the Chile Mine opening collapse (only flooded 2% of reserves).
MUX.TO - bought because of the chart. Tons of upside.
EDR.TO - bought because of chart. Silver rally hold.
NVO.V - I bought recently after the huge selloff.
SSRM.TO (renamed Silver Standard). Recently sold off 40%. Not convinced this one is best option so might switch for another.
REG.V - covered here in detail.
Want to add BTO.TO (commissioning Fekola and will do 400k ounces from here in 2018) at least in next month. Also GCM.TO could be at start of big turn around, NGD.TO for both gold and copper upside and Liberty Gold LGD.TO for an advanced developer.
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