The Fallacy Of Using Metals Juniors To Speculate On The Metals Price
Jayant Bhandari joins me today to share his thoughts on the strategy of investing in junior resource companies to speculate on the underlying metals price. While a rising metals price can help the juniors it is more important to ensure you understand the company you are investing in and not just because it is focused on a certain metal. Jayant also shares a couple companies he thinks have some near term upside.
Nice. Yes, I saw that release today from Impact (IPT) and their partnership is very similar to the deal $ASM Avino has with Samsung as well.
(ASM) Avino Announces Further Extension of Concentrates Prepayment Agreement with Samsung C&T
November 30, 2018
It sure would be great to see more deals between #Producers and #Manufacturers partnering to lock down a stable and ethical supply chain.
This would help bring some visibility to the importance of the resource sector for most products consumers want.
Then when mining executives went to conferences they could wear racing jackets with all their off-take partners as flair.
Excelsior:
What a novel idea: producers determining the price of their product as opposed to an unrelated corrupt paper market. Wow. Do you think it will catch on with the Bankers? The parasites will have to down size their second homes in the Hamptons.
😉
/ES, somebody is taking profits and with conviction!……I am not short sadly
GDX vs SPY:
http://schrts.co/pTUccxIb
Off topic:
IMPACT Silver Announces Concentrate Sales Partnership with Samsung C&T Corp.
http://www.impactsilver.com/s/NewsReleases.asp?ReportID=847292&_Type=News-Releases&_Title=IMPACT-Silver-Announces-Concentrate-Sales-Partnership-with-Samsung-CT-Corp.