Jordan The Mining Stock Monkey – How To Do Better Due Diligence On Gold And Silver Mining Stocks
Jordan, the Mining Stock Monkey, joins me as a first-time guest on the KER to outline a number of data points and methods that investors can focus on to do better due diligence on gold and silver mining stocks. It’s a wide-ranging discussion that gets into analyzing both the strengths and hidden red flags on the balance sheet, the alignment of management in their shareholdings, the percentage of revenues going to G&A, operating expenses, gross profits, and much more.
He shares how he compares peer companies with both the producers and developers, and looks forward to future depletion or potential development growth that is being underappreciated by the market at present. Jordan uses a recent deep-dive he did into B2Gold Corp (TSX: BTO) (NYSE: BTG), to point out examples of the kinds of potential threats and opportunities looking forward. We also discuss how many novice retail investors flock only to exploration stocks, for the high-risk high-return speculations, but contrast that with gold and silver producers that can still offer compelling multi-fold returns with more data available to parse, for those that can spot the opportunities before the rest of the market does.
.
Click here to visit Jordan’s YouTube page
.
RE: Remarks about Impact Silver above being +48.97% in my account. Earlier today Impact went to +51.2%. Supporting my comments that when a stock in my account goes over +50%, less than an hour after achieving +51.2%, Impact dropped to +44.24%. Isn’t that strange.
Just to let everybody know—–I subscribed to this newsletter based on this interview, but when I tried repeatedly to access the newsletter and other info I kept getting the message that this site is not available.
I did get a receipt for my payment so I know my payment was cleared by his service. I sent him an email that I could not access the info but have not heard back from him yet.
I am hoping that this is just a temporary glitch and not a scam.
John
Jordan is legit…he will fix your problem.
the problems I mentioned above have been fixed and I am now able to access the newsletter.
thanks—-I just thought I would let everybody know we are good to go now.
Thanks for the additional update John, and that the newsletter subscription access is resolved and working well. Jordan is a sharp guy and getting his advanced due diligence on companies should be instructive.
Here is some interesting performance trends in my Schwab account:
Staying within the channel established about a year ago at all time low in miners (20+ years).
Alternating days of performance for individual stocks continue with new glitch : At the end of January, 22 stocks were in the green . By May, 2 were in the green. Over the last 2 weeks, the # of green stocks went to 14 but the account remained within the same channel. Channel is about 1% wide. No stock in the green is allowed to exceed +50%. If it exceeds +50% it is knocked back. ( For the last 4 years, if a stock was +100%, I would rotate gains to another stock that was in the green. For the last 6 months, no stock has surpassed +50% without reversing.)
I would conclude that Juniors not part of managed money (managed money meaning China, Hedge Funds or Wall Street) are still controlled by algos that intervene to keep prices desirable to “managed money” for purposes of personal gain in some fashion.
(Current best performer is Impact Silver at +48.97% over the time I have owned it: bought 3/24/24.)