What I Have Been Adding During This Dip
This is not investing advice but I have been patiently adding a bit in:
- FireFox Gold
- Eskay Mining
- Defiance Silver
- Timberline Resources
- Lion One Metals
- Inflection Resources
- Novo Resources
- District Metals
- Condor Resources
- Irving Resources
- Enduro Metals
- NuLegacy Gold
- Strikepoint Gold
I have taken swing positions in:
- Impact Silver
- Summa Silver
- Brigadier Gold
Hi Erik,
this is Sabine from frankfurt-germany …. I know your largest pos is WRM …. but what about to buy
some more below 0,50 ( have been down to 0,45 recently ) ?
my largest pos are WRM and Lion.
thk you so much,best Sabine
Hey Sabine,
WRM is currently my second largest position and I was tempted to add more when it went sub $0.50 but I had no dry powder really. The fact that I think it might be the stock that I would be the most surprised to show a loss over the coming 12 months is a big factor. It’s just that cheap with huge margin of safety. With that said I am currently riding along but am on the look out for a potential dip again (and I hope I have any dry powder if that happens again).
LIO is in the max bordedome period now which is a big reason for why its so cheap and I have added shares. Also one of the ones I think have the highest probability of showing a positive return over the coming 12 months.
Best regards,
Erik
good morning Erik,
thank you for the quick response.
I have been following your careful work since 3 years ( beginning with Novo )
I think from about the end of 1.Q 21 on it will be very, very exciting for Lio and Wrm, when the drilling at lion (2 riggs deep drilling) and Wrm at Last Chance, will start.
not to forget novo as a beginning producer end Q4 20.
best,
sabine
I notice you do not own Aurania AUIAF, one of BM’s picks. Have you looked into it? Their drills are turning.
A quality list of juniors, Erik, with excellent upside potential.