Thoughts on miners that are potential buys for me... I've been watching these and others for quite some time, but have been reluctant to pull the trigger (to add to my core of other miners already owned for years).
CRK.TO - Ausie tax issue seems mostly over with and company seems to be past any other major issues. There is a gap from last Thursday at $1.14. Will it be filled?
AUMN - Company and share price don't seem to have accomplished much if anything the last few months.
EVG.V - The properties are outstanding, but the management is not. Are they good enough to get the job done though?
EAS.V - Missed the boat on this one and have been waiting for a pull back which has come over the last month or so. How low will it go before turning higher again?
OGC.TO - A few too many shares out for my liking and part of production is copper rather than just gold. Also have some doubts about their ability to significantly add to reserves from exploration.
AUN.V and KBX are a couple of silver miners I've considered adding, but it seems the individual small silver names never get the recognition they deserve. Maybe I will just go with a basket through something like SIL now that it’s available (A good easy way for the new investor to play silver miners in case they don’t want to deal with Canadian exchanges, etc.)
CXZ - A cheap way to play a potential uranium rebound (with a gold project and others too).
REE seems to be a sector that has been waiting to take off for years and never really has. I don't have great confidence that it will.
Geothermal might be something worth considering - RPG.TO, SRA.V, HTM, NGP.V
More than anything I seem to just want a large pull back so I can buy the dip. It seems everyone is waiting for the same. Because of that I don’t know that it will ever come. Perhaps it’s best to just buy now and let the rest of the market climb the wall of worry. But fundamentally speaking the major markets could sure experience a decent drop and it would be justified. In a weird way we got spoiled with the deflation drop of 2 years ago (bargain picking wise for those that didn’t get slaughtered falling with the knife).
Thoughts on any of this?
