Juniors are cheap now, on average. Many juniors are trading far below their Expected/Intrinsic Value. Especially when considering that the price of their product, which is gold, is selling for $1,587 in US dollars and at all-time-highs in other currencies… Yet many juniors are currently...
Continue reading » March 2, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies 1 Comment So here we are… Blood is running in the streets and no asset class is spared. Investors are panicking and selling anything and everything, regardless of valuations… “I must get out now at any cost!” seems to be the modus operandi. Some junior mining stocks...
Continue reading » February 28, 2020 admin Investing Strategies, Irving Resources, Lion One Metals 5 Comments Recommended Reading: “Gold Mine Gangs Tote AK-47s to Outgun South African Police” – Bloomberg.com Makes me wonder how hard it might be for miners when a global economic downturn hits. Physical gold/silver held in private is of course the “safest haven”. Question is how much...
Continue reading » February 2, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies, State of The World 2 Comments Risk VS Uncertainty… Not the same thing but often treated as such… Case in point when people consider Novo to be extremely risky/speculative because the targets are highly unconventional. Some even, for some reason, goes so far as to claim that “Novo has no gold”....
Continue reading » January 26, 2020 admin Investing Strategies, Novo Resources No Comment Some recent material events/insights: The appointment of a senior Sumitomo member to the board $4M stake in a Victorian gold junior that might be on to a Fosterville-like deposit Options tied to production results issued Mill negotiations seemingly going well Ore sorting technology advancing that...
Continue reading » January 20, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies, Novo Resources 16 Comments Some tips to ponder this weekend:
Continue reading » January 18, 2020 admin Investing Strategies No Comment Which mining stocks in your portfolio would you recommend a family member to buy? Which mining stocks in your portfolio would you say have fairly low downside? Which mining stocks in your portfolio would you be comfortable holding for 1 year with no option to...
Continue reading » January 13, 2020 admin Investing Strategies No Comment The beauty of companies in the resource sector is that the customers are the world and that there is always a buyer of a company’s product. The other side of this is that the companies are price takers and that the sector goes from over...
Continue reading » January 12, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies, Irving Resources, Lion One Metals, Novo Resources, Tristar Gold No Comment In this article I will discuss what I think are perhaps the most important concepts for an investor to understand, and that is the power of compounding, risk and opportunity cost… “Rule number number one, don’t lose money. Rule number two, see rule number...
Continue reading » January 10, 2020 admin Investing Strategies, Irving Resources, Lion One Metals, Novo Resources 6 Comments NOTHING has happened for Novo, LIO or majority of juniors, in terms of company specific reasons, that would warrant the big red candles today. It’s just sentiment/technicals tied to a declining gold price at work! Depending on the liquidity there could be one seller responsible...
Continue reading » January 9, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies, Novo Resources, Uncategorized No Comment 
