Stuff I Looked Into Google Docx
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LAST UPDATE: May 18th 2021 The majority of the list has been done during April 2021 (consolidated the data and notes I had previously gathered). From the beginning of May I’ll write the dates on the updates. My portfolio is laughable in size (but can get sizable with x-baggers so not that tiny) and I’m a telecommunications engineering graduate student who opened his first brokerage account mid last year (2020) after reading and consuming tons of content related to investing and finance for around 2 years (long story short). Any Scandium bulls or knowledgeable guys? Let me know at [email protected]. Actually, feel free to reach out regarding anything else. Insults welcome as well. Just looking to LEARN and find the x-baggers. Looking for Excelsior Mining MIN.TO story input. My current holdings are: Kazatomprom (Diversify away from the US and a no brainer uranium play. Also, if somehow the uranium market doesn’t reach euforia levels and the majors actually manage to contain the bull run with their production - this should be the place to be. Will add here and am up significantly.), Queen’s Road Capital(Great business model imo, great CEO, exposure to a variety of commodities and mainly uranium exposure for now. Slightly down), Bannerman(big project, not a tier 1 asset for sure but Brandon is a G. Want to add here.), Denison Mines(should be a no brainer for uranium and one of the most hyped stocks that should explode in a mania. Most juniors are overvalued for 30$ uranium but who cares about entry price in uranium right?), Kirkland Lake Gold(slightly down here, wanted to average down heavily at 32$ but promised myself to conserve cash. 42$ average for now and will likely drop some shares at a profit if we do experience an inflationary melt up.), Centamin(sweet dividend and a turnaround play. 0 debt just like Kirkland. The Burkina Faso and Cote D'Ivoire projects are ignored for some reason. Down on this and wanted to average down at ~102p but remained composed and saved cash. Got a ~128p average here. Refused a $1.9B takeover. ~$300M in cash alone.), Gold79Mines(looking forward to what Derek does with this one but with the historical results and the current market cap this seems like a no-brainer. I want to add here once I consolidate my brokerage accounts since I want as much leverage as possible.), QCCU(two small batches of drill holes reported with solid results and long hits. Looking forward to the end of the current drill program so this finally gets noticed. Hope Stephen Stewart does well in this company because with just the Opemiska project we can do very well. The 50% of the gold property in the district and shares of Baselode are a bonus), Aurcana Silver(yes, nobody likes the management, but if they manage to fulfill at least 60-70% of their goal FCF this should be a multi-bagger. In the meantime - looking for great silver plays), ValOre Metals(hoping this one gets noticed eventually. Compared to other valuations, this should be at least at around ~75M market cap imho.), Cash Portfolio moves: - May 18th: Sold my IDTL(TLT) position at a loss (will come back in a couple of months maybe) and will look to buy something, maybe Peabody, maybe Tellurian, maybe just some uranium. Maybe Cora Gold. The cash is in my Trading212 acc. Will think about it. - SMALL CAPS (Mostly really small) (0 - 200M) ------------------------------------------------------------------------------------------------------------------------------- YES: QCCU(Cu,Au, Quebec), Gold79Mines(Au,Ag, Nevada), MedGold(Au, Serbia), Aurcana Silver(Ag, Colorado/Texas,), Lara Exploration(Cu,Au,Ag, Peru exposure a problem because of commies? May 7th: Looks like Peru exposure will be an issue because of commies.), ValOre Metals(PGMAu, U308, Brazil), Salazar Resources(Cu, everything seems great, need to consult somebody, and is Ecuador bad now? I’d probably buy this if Ecuador is good now.), Euro Sun Mining(Au,Cu, Romania EU, waiting for environmental permits, first production in 2024, rated a buy by Sprott, has upside after starting production, I don't like the CEO), Chakana Copper(Cu,Au, this seems outstandingly good, extremely good presentation, the management is superb and an independent director is one of the guys from Ely Gold, if the commies don't win in Peru, I am buying this for sure. HUGE EDIT: IKN Mark Turner liberal extremist is shitting on this pick very hard, that’s the latest post on the IKN blog. QUOTE: “They are going to forget all about those breccia pipes and make you believe they can find the porphyry underneath, pure geological onanism that will waste OPM (but not theirs…never theirs). Intellectually and morally bankrupt, yesterday’s news makes it plain that CEO David Kelley has settled for being GFI’s bitch and collecting a cool monthly salary payment. He’ll ruin the company on this pivot, all while Doug Kirwin dumps his 3.475m shares on you. Run away now in order to avoid years of financial pain, these jokers have failed miserably and will now change the story. You have been warned.” EDIT April 30th 2021: after watching the Crux interview I’m a bit more confident. He dismissed the big political risk though. Not sure what to think about this now. We’ll see.), Navarre Minerals(Au, Australia, all of the projects seem great to me including the JV, Kirkland lake is a supporting shareholder and the market cap is ~76M AUD i.e 58M USD. Compared to West Vault Mining, I would say it blows it out of the water even with no calculated resource. The two main deposits Adventure and Resolution seem like very promising open-pits), Magna Gold(Au,Ag twist, already has a shitty 1200$ AISC Au mine which will work properly in 2021, has leverage to Au price and planning significant exploration on a couple of projects, very nice shareholders including Argonaut Gold and Adrian Day and sub-20% retail. May be a good gamble. Edit: I like this, Edit: Rerated this to a YES buy even though the silver projects seem not that promising but they’re essentially for free at this ~70M usd market cap. May 18th: May presentation update - ~76M USD market cap. 2020-2022 plans are to complete a FS on the Margarita Silver project and continue development of the Mercedes Project. Develop the San Francisco underground mine. Optimize and increase reserves at the San Francisco mine. Less than 100M shares outstanding. 45% institutional holding(eric sprott, us global, delbrook.medalist, adrian day), peal de mexico SA de CV 16%, argonaut gold 12%, retail 19%, management/board 8%. San Francisco has 750koz mineral reserves at 0.5gpt and 1350 USD gold. At 1500 usd gold there are 1.400koz at 0.446gpt. Strip ratio is 2.5 which got improved. Average annual production is ~69kozs. Avg aisc ~1200$. 5% NPV at 1800/oz Au 186M. The other projects especially the silver ones at this market cap are for free. I’m keeping this at a YES and will probably buy if it stays cheap once I fix my brokerage accounts and sell a bit of Centamin and KL at a small-ish profit.), Cora Gold(Au, Mali, already has financial backing (Lionhead) and needs to finish the DFS by the end of 2021. Needs 22M USD to build that open pit mine to produce close to 45-50koz per annum. Knows where it’s going to get 22M if the DFS is positive. ~21M USD market cap and available to me on Trading212 since it’s trading on the LSX. Some input about this would be appreciated since the Brits are not known to be miners as far as I know. Mine life will be extended. Recent drilling results are bomb - April 25th now) African Gold Group(Au, Mali, ~33M CAD market cap, has a done DFS for a 100koz per annum open pit project which needs ~20 months to be constructed. In negotiations for financing and aiming further reserves addition. Projected ~800$ AISC and a pre-tax NPV5% of $284M USD at 1530$/oz Au, very good metallurgy of 90%+ recovery. What is wrong with this? Why is it at 33M CAD mc? Is Mali the issue? Also has exploration upside on other nearby targets and they have not excluded an M&A, this reminds me of Euro Sun level cheapness and it is fully permitted unlike Euro Sun), Aton Resources Inc(Au, Egypt, Rodruin advanced exploration, Hamama West Mineral Deposit, Abu Marawat Mineral Deposit, ~140+~340koz indicated and inferred Au at Hamama West around 1,29g/t AuEq oxide, oxide cap is ~750m long, up to 110m wide and of average depth of 35m. A mine is planned to be built at Hamama West. Average recoveries of 75% Au and 43% Ag which is not that awesome IMO. Has more sulphide mineralization at depth. Rodruin has very good highlights for an example a ROP-003 hole with [email protected]/t Au FROM SURFACE. [email protected]/t Au FROM SURFACE (Aladdin’s Hill and Aladdin’s Hill North), Sandstorm Gold Royalties holds 11.7% of the company, OU Moonrider 30.60% of the company. Insiders ~20%. I am rating this a buy at this current 8M CAD market cap.May 4th: Matt views this as a under-the-radar, RISKY but good play on Egypt. Altus Strategies is safer and the Egypt section in his view comes for free at this current market cap.), Investigator Resources Limited(Ag, Australia, Paris Silver Project, PFS underway, shallow open pit deposit up to 120m depth.