Where To Find Value During The Everything Bubble
Mike Larson, editor of High Yield Investing (AKA The Safe-Money Report) and Under The Radar Stocks over at Weiss Ratings shares his thoughts on the everything bubble. He says that so much money has been created the current bubble differs from the last couple bubbles because this easy money has hit a wide range of sectors. We also discuss where he thinks the best area are to be protected.
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Click here to visit the Weiss website and read over some of Mike’s articles (posted on Wednesdays).
GFG Resources Completes Acquisition of Rapier Gold
02/28/2018
GFG Outlines Aggressive Exploration Program at its Recently Acquired Pen Gold and Dore Gold Projects West of Timmins, Ontario
03/22/2018
(GFG) (GFGSF) GFG Resources – Corporate Presenation:
Then there companies like (KNT) (KNTNF) K92 Mining, that were sold down to silly levels and they’ve just been hitting home runs with their exploration work at Kora which will change the mine economics, and they’ve completely turned their mining operations around.
When you contrast a company like K92 Mining against a company that has already really run way ahead of itself like Atlantic Gold, there is still plenty of value to be found in the miners.
Here is a great illustration comparing K92 to Atlantic from a contributor at ceo.ca:
@numbersguy quick comparison between $KNT and $AGB recent results ….
http://cdn.ceo.ca/1dgb219-Screenshot%202018-05-23%2008.25.57.png
K92 ANNOUNCES FURTHER HIGH-GRADE KORA DRILL RESULTS FROM KORA NORTHERN EXTENSION
May 17, 2018
– Drill Hole KMDD0086 records multiple intersections including 4.20 m at 116.43 g/t Au, 6 g/t Ag and 0.36% Cu (117.06 g/t Au Eq) plus 2.40 m at 22.41 g/t Au, 5 g/t Ag and 0.88% Cu (23.82 g/t AuEq)
– Drill Hole KMDD0088 records multiple intersections including 12.64 m at 8.34 g/t Au, 33 g/t Ag and 2.1% Cu (11.97 g/t AuEq)
(KNT) K92 MINING RELEASES FIRST QUARTER FINANCIAL RESULTS AND PROVIDES 2018 PRODUCTION GUIDANCE
May 18, 2018
– Production of 9,324 gold ozs or 9,729 gold equivalent (AuEq) ozs for the Quarter at a cost of $532/gold oz or $555/ gold equivalent oz and an all-in sustaining cost of $726/gold oz or $741/gold equivalent oz1
– Revenue less Cost of Sales for February and March, the first two months of commercial production, was US$4,759,371
– Initial production guidance issuance for 2018 expected to be between 42,000 and 46,000 gold equivalent ozs
– Cash cost guidance for 2018 expected to be US$530 to US$560 per gold equivalent oz, with all-in sustaining costs expected to be US$720 to US$780 per gold equivalent oz
I wouldn’t be rooting for Claude 2.0. They gave that company away.
They had a nice turnaround for their last year and half, and anyone invested in 2015 and 2016 did nicely. Granted longer term shareholder may have been punished.
Still, I liked their team for the last 2 years and that is the team behind GFG resources along with a few other people plucked from careers at the Majors.
Their acquisition of the Gold properties in the Abitibi near Timmins from Rapier was almost unnoticed by the marketplace (just the way I like it) and their Rattlesnake Hills property in Wyoming is quite prospective.
I believe investors that position in GFG Resources during this Summer Doldrums period will make out like bandits over the next 2 years.
https://youtu.be/e_PvIMvrpZc?t=32
Ira’s morning.
Orla Intersects 85.8 Metres Grading 0.39 g/t Au and 1.44 % Cu in Caballito Copper-Gold Zone at the Cerro Quema Project, Panama
http://orlamining.com/images/Presentation/2018/Orla_Presentation_18-03_PDAC_web.pdf
Both parties are in over their heads. What we have going on is one big game of chicken.
We all know what happens when the chickens come home to roost.
Fake news is so rampant you might as well ask yourself “What would pre-trans Bruce Jenner do?”
I dont think SLV is going to be able to get through the flat topped red ichimoku cloud on the weekly chart. The first legit opening for a sustainable rally is in October. So another 5 months of up and down churn most likely. It could certainly burst through the top of the cloud for a week or two, but it won’t be able to sustain itself above 16 for long.
Silver stinks……….like I have been saying for months……going on years……
For those looking for value…. How about picking up the old Claude Resources team operating working in Wyoming and Timmins. (They just acquired Rapier Gold to get the Canadian assets).
this stock is on fire sale and I’m starting to accumulate at rock bottom prices.
** Let’s go Claude 2.0 !!
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> About GFG Resources Inc.
“GFG Resources is a North American precious metals exploration company headquartered in Saskatoon, Saskatchewan, Canada, whose shares trade on the TSX Venture Exchange (GFG) and on the OTCQB (GFGSF). ”
“The Company owns 100% of two large and highly prospective gold properties west of the prolific gold district of Timmins, Ontario, Canada. The Ontario properties are comprised of the 44,500-hectare Pen Gold Project (including the West Porcupine property) and the 20,000-hectare Dore Gold Project. The Company also controls 100% of the Rattlesnake Hills Gold Project, a district scale gold exploration project located approximately 100 kilometres southwest of Casper, Wyoming, U.S. The geologic setting, alteration and mineralization seen in the Rattlesnake Hills are similar to other gold deposits of the Rocky Mountain alkaline province which, collectively, have produced over 50 million ounces of gold.”
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(GFG) (GFGSF) GFG Expands Land Position Along Main Gold Corridors at the Dore Gold Project West of Timmins, Ontario
by @nasdaq on May 10, 2018
“Brian Skanderbeg, President and CEO of GFG, commented, “The additional claims are strategically located adjacent to our current Dore Gold Project and aligned with our district consolidation strategy. This area of the Abitibi is relatively underexplored and yet has all the geological hallmarks to host multi-million-ounce gold deposits. Our expanded land package presents a great opportunity for GFG to make a significant discovery and build value for our shareholders.”
https://ceo.ca/@nasdaq/gfg-expands-land-position-along-main-gold-corridors