jerpy

Think it was Bob Moriarty that was tipping Platinum a little while ago for 2020. 

At the time there hadn’t been much of a rise, do you have any thoughts on Platinum going in to 2020 Dr Bubb? 

Despite a brief flirtation with the 120's in October, this largely stayed around the 130's. AAZ is now resuming it's UP trend prior to newsflow and there is plenty due.

In around 2 weeks Q4 production figures will be out with the full years. Usually a few weeks later will follow 2020 guidance and at the backend of Feb I'd expect Final Dividend declaration.

The real other biggie though sometime this quarter will be further Exploration activities and results. We already know there were 2 new contract areas identified in the ZTEM surveys as part of the Gedabek contract area, who knows what will be expanded on this time. 

AAZ are getting well into the 3 year exploration program now and it remains a highly overweight strong core hold for me; maybe I'll trade a small batch next quarter but this story just keeps unfolding.

Just thought I'd post I bailed at 8.38c on the down leg early December, now mulling over whether to get back in early part of New Year.

Was happy with my profit at the time, might sit and watch (probably sail away lol) for the Christmas period. Half thought it was weakening in truth, got that wrong I guess.

On 12/24/2019 at 10:40 AM, drbubb said:

What a difference a Year makes... a Good stock that just keeps rising

Betting on the continuing rebound - I think $8-10 is not impossible within 2020

(this is my single largest position, and has been for years - tho' I have switched from the stock to WtB)

GCM.t / Gran Colombian Gold - 5 year chart

December 23, 2019 -  58 Reads

If we are finally done all of the financing for now

The price should run up fairly quickly to new highs.   We have one of the lowest PE ratios in the sector.

 

The 5 year chart and the hope this is the last financing is why I didn't cut and run when it was announced. Despite having top sliced as I wasn't sure if it would sell off prior to end of new year (yeah, not clever but it was only 20% of my position and doesn't hurt to take profit), I'm content as I often have been to keep rding GCM too and have a decent stake, a long way short of my AAZ one mind

On ‎12‎/‎15‎/‎2019 at 2:51 AM, drbubb said:

Two Takeover Targets

TARGETS for Takeover?

Sprott boss Peter Grosskopf says mid-tier miners face pressure from activist investors to lower costs and financing constraints. The Post cites unnamed "industry sources" that say Pretium Resources, Pure Gold Mining, Roxgold and Silvercrest Metals are possible targets.

PGM vs-ROXG ... update / Last: PGM: $0.74 +0.03, ROXG: $0.90 - 0.03

RATIO: ROXG to-PGM :

I've noticed a bit of noise on ADVFN about Pure (LSE. PUR) purely because of the Sprott interest. Prefer Roxg myself but will play a watching brief on PUR, as curious as to why they wanted to list in London with Sprott's supposed interest.

Back to ROXG the Q3 results stalled performance a bit compared to the first 9 months but I still think it's AISC will see strong performance and cash keeps rolling in, so I continue to hold this one going into 2020.

On ‎11‎/‎20‎/‎2019 at 8:09 AM, drbubb said:

Globe says Blythe rates Wallbridge "speculative buy" with $1 Target

Wallbridge Mining Company Ltd
Symbol	WM
Shares Issued	495,588,741
Close 2019-11-18	C$ 0.59 = C$ 292 Million

2019-11-19 09:43 ET - In the News:

The Globe and Mail reports in its Tuesday, Nov. 19, edition that Paradigm Capital analyst Don Blythe says Wallbridge Mining's (59 cents) Fenelon gold project in Quebec has the potential to expand from a 40,000-ounce to a multi-million-ounce resource. The Globe's David Leeder writes in the Eye On Equities column that Mr. Blythe commenced coverage with a "speculative buy" and a share target of $1.

Mr. Blyth says in a note: "Wallbridge has made great strides advancing Fenelon since it acquired the project in mid-2016, and the share price has reflected that (up over 600 per cent in that period). The story is far from over however, and we expect the resource to continue growing with the company aggressively drilling at a rate of 8,000–10,000 metres per month. The Lower Tabasco Zone has the greatest potential to add high-grade ounces in the near term but the lower-grade mineralization, while still not yet well defined, could eclipse the high-grade in terms of contained ounce potential."

Mr. Blythe is the lone analyst(s) following the stock.

Well I didn't wait for $1, instead I jumped out at 92c last week, having jumped in again at 78, didn't post it at the time (seem to recall thinking I'd possibly missed the boat). Anyhow, It was just a reasonable play nothing hige but welcome all the same.

Reason for quitting was the strong move it's been on, I'm quite open to jumping back in on any fallback, I like Wallbridge and think it will move up in a strong gold price environment.

On ‎12‎/‎16‎/‎2019 at 9:53 AM, hector said:

Fully loaded in UK silver miner Fresnillo. After falling out of FTSE100 it's definitely bottomed.

Hmm, I'm looking for smaller plays myself.

Seen Impact Silver flagged up on TSX. I've always been a fan of Great Panther when following silver upside and it's underperformed, whilst MAG silver can go on speed when in a bull market; just throwing a few names out I'm tracking now.

On ‎12‎/‎28‎/‎2019 at 12:37 AM, drbubb said:

LRA is one of them.  Look at this nice repeating pattern. Can we guess what comes next??

(haha. There's no guarantee the big jump will come again, tough the set-up is similar, and tax-selling ends any day now)

LRA.t / Lara Exploration... All-data: 10yr: 5yr: 2yr: 1yr: 6mo: 10d / Last: $0.56 -0.01

/ 2 /

Apart from the end of Tax-related selling -- a run-up in Copper and FCX might help LRA & the others...

Dr B, you and other chartists always fascinate me, where you draw your lines but I just asking out loud, so why wouldn't the double bottom on the final support line happen again?

Would it be because that point on the 3rd  downward triangle has passed? Can you see why I'm asking, why should it not retest around 0.23/24c as on the 2 previous occasions, prior to the spike up.

Sold GZZ far too soon because of impatience (at around 36c)  pretty dumb in hindsight to cash out at what is now a tiny profit (circa 18%)  compared to today’s mid price.of 47.5.

Yeah I know, always leave some for the next man, a profit is a profit but have waited a good few months, I snatched rather than let it ride because I’d been in profit before and seen it drift back. Amateur in truth, as nothing had changed and I preach it so often to myself and others. 

So another reinforcement trading lesson.

2 hours ago, drbubb said:

LOOKING at some of these

Sym : Last : EPS:  PER : Yield : BkVal: EV/eb

Sym : LAST : EPS:  PER : Yield : BkVal: EV/eb
CRT : $7.43: 0.00: 7.26 :  11.8%: $1.37: N/A- :
SJT : $2.37 : 0.00: 7.67 : N/A—:  $0.12: N/A- :
PBT : $4.19 : 0.00: 8.93 : 10.3%: $0.01: N/A- :
BPT : $6.79 : 0.00: 2.07 : 32.9%: $0.05: N’/A- :
NRT: $5.37 : 0.00: 6.68 : 15.3%: $0.01: N/A- :
===
SWN: $2.38 : 0.00: 0.00 : N/A- : $5.81: 2.87 :
ECA : $4.52 : 0.00: 3.65 : 1.68%: $7.64: 3.48 :
GTE : $ 1.17 : 0.00: N/A- : N/A- : $2.74: 2.87 :
=== tor.:
TOU : 15.31 : 0.00: 9.27 : 3.14%: 28.42: 4.21 :
EFX  : 12.35 : 0.00: 7.26 : 3.72&: 14.91: 4.71 :
CPG : $5.66 : 0.00: N/A-: 0.71%: 11.72: 2.76 :
MEG : $7.32 : 0.00: N/A-: N/A— : 12.79: 6.49 :
BTE : $1.87 : 0.00: N/A- : N/A— : $5.57: 2.91 :
SGY : $1.11 : 0.00: N/A- : 9.01%: $2.53: 4.78 :
GIB. : 27.02 : 0.00: 25.0 : 4,89% : $5.31: 12.0 :
PXT : 23.67 : 0.00: 9.22 : N/A— : $9.21: 4.50 :
VII.  : $8.40 : 0.00: 4.70: N/A— : 15,15: 2.63 :
FRU : $7.41 : 0.00: N/A- : 8.50%: $6.07 : 8.84 :
===
XLE : 61.99 : 0.00: N/A- : 3.62%:
XOM: 70.21 : 0.00: 20.5 : 4.95%:
MUR: 26.61 : 0.00: 3.27 : 3.76%: 36.10: 3.19 :
MPC: 60.66 : 0.00: 12.1 : 3.49%: 51.90: 8.27 :
EOG: 83.38 : 0.00: 16.2 : 1.38%:
ECA:
NBL: 24.30 : 0.00: N/A- : 1.98%:
FTI  : 21.22 : 0.00: N/A- : 2.45%:
===
CPE: $4.83 : 0.00: 4.72 : N/A— :
COG: 17.59 : 0.00: 9.25 : 2.27%:

 

Wow that’s some watchlist 😂

Dr B just want to wish you a Merry Christmas, this is a great thread and you are a great inspiration to my research.

Picking up on the fire season stories out in Oz, seems a lot of negative sentiment towards coal right now.

Will this act as an hangover to sentiment for some time, regardless of fundamentals? Seems to me fossil fuels will be out of favour as the climate change debate gains intensity.

On 12/6/2019 at 4:17 AM, drbubb said:

VIT up again in Thu. : $8.24 +0.44, +5.64%

Bought some in the dip, a little before the Lows - so happy

Didn’t myself but still happy with what I held, rocking up again.

On 12/3/2019 at 6:11 PM, drbubb said:

GLDX.t ... update :

xx

Sandspring morphs into Gold X - Mining Journal

https://www.mining-journal.com › feasibility › news › sandspring-morphs-...

4 days ago - Sandspring morphs into Gold X. Vancouver, Canada-based gold explorer Sandspring Resources has rebranded itself as Gold X Mining.

Strong start. The rebranding left me a bit too hesitant (or was it cynical ha).

Really good news, slightly kicking myself I didn’t load up more with Hector but hey let’s not be greedy.

This is looking very solid now if we get gold strength.

On 11/22/2019 at 4:11 AM, drbubb said:

Bullboard Comments - are mostly NOT favorable

Goldfinger230 (2)

November 19, 2019 - 05:05 PM 104 Reads
Post# 30371339

RE:New Public Offering

Robby is at it again....unbelievable....he is going to widdle down this stock price to pennies soon...now I know why no employees are buying their own stock....this is crazy...

RE:RE:RE:RE:RE:New Public Offering

I've never seen a placement news release without an associated price.  (THAT came later: $1.32 ish)

All in sustaining costs doesn’t...

Tell investors much anymore. A new measure needs to be adopted by all mining companies to be more clear. How about the "Threshold of profitability"? The theshold would point at what price of gold will the company be profitable by including all costs associated with running a mining company. That would include all in sustaining costs plus general and administrative costs. - Nothing would be excluded, including management wages, options, insurance, accounting, rent, promotions, etc, etc.

currency24 (3)

November 20, 2019 - 08:50 AM 277 Reads
Post# 30373054

It Was A Good Company Detected in Sept The Problems

As I noted in my prior post, after a Sept. conference, I was extremely disappointed in Rob McEwan and MUX, had been an early investor, since 1999, in all Rob's public companies. Did very well but, sold all our holdings in Sept. while at the Sept. conference.

What you are seeing with MUX, will happen with most other Resource comapnies, they are all in need of $$$$$$$$$$ and/or heavy Debt and can't service their existing Debt or will not be able to service their Debt in the future. Prices of metals are coming down and will see or test their lows and go lower. Some of these comanies will not be around in a few years, especially the juniors and that also applies to mid size and larger, just too much Debt, a lot of expenses or high costs/uneconomical projects.

As respects to MUX, over time it will test the 70 cent area, in the future, between now and 2023. We have a more exact or closer range but CAUTION.

I will not invest in another Rob company unless their is a noticable change.

All the above in my humble opinion and based on MKTS and observations from Sept.

Read more at https://stockhouse.com/companies/bullboard?symbol=mux&postid=30373054#OGhOxFVEytrLgIEj.99

Those are really astute comments Mux is a dog for sure, glad I stayed away.

The rise on news has been most welcome here, back into the mid 90’s and going ok.

Took a top slice off the recent run up yesterday, just as a little hedge to any fall back on my overall position.

On 2/26/2019 at 5:50 AM, jerpy said:

Keep an eye on LAC for next year. 

http://www.lithiumamericas.com/

Used to trade them under Western Lithium days but missed the spike 12 months or so back as had given up on lithium plays. The near term projects are interesting for me.

LAC on a long downward slide I can’t see reversing until the back end of 2020

5 hours ago, hector said:

Woww looks like I caught pretty much the bottom of that drop. $6.11 was bottom, I got fills at 6.15, 6.20 and 6.27.

Not bad. I’m sat on my existing holding, keeping powder dry.

See where it settles for awhile.

18 hours ago, hector said:

Added rest at 613.

Hoping for a bounce.

Good luck to you, I think a lot of these silver plays fundamentally need a solid or ascending silver price to shine.

On 11/13/2019 at 2:26 PM, drbubb said:

Globe says Celestica, GCM, others stand out from their peers

2019-11-12

See In the News (C-CLS) Celestica Inc

The Globe and Mail attempts to identify Canadian value-focused stocks in its Tuesday, Nov. 12, edition.

....She also considered industry relative price to book (P/B) ratio, which compares a company's P/B with that of its industry peers, again, lower values preferred. As well, she considered the industry relative price to sales (P/S) ratio, which compares a company's P/S ratio with that of the industry to which the company belongs, lower values preferred. Ms. Halverson-Duncan's picks needed to have a market cap in the top two thirds of peers, which for the column worked out to be $160.7-million or higher. Stock that Ms. Halverson-Duncan believes are outperforming industry peers are Celestica, Largo Resources, Argonaut Gold, Centerra Gold and Gran Colombia Gold.

If I’m getting the right companies that’s some group. Largo and Argonaut have had fairly big drops, although Argonaut is slightly more stable at present. Going to watch those 2 more now.

15 hours ago, drbubb said:

Me too. 

I am OUT now, made a beautiful profit, but cleared out the last of my, probably too soon,

Best of luck to those still holding.  Will consider a Reload on any sizeable drop

Good timing for us both big drop today back down to 61c (above 15% drop) from previous day close of of 72c!

25 minutes ago, hector said:

That's a crazy finish to the day - during the last minute of trading the price was pushed from 0.84 to 0.91. Not sure what's up with the liquidity there.

Yeah some turnaround. Decent volume too.

10 hours ago, drbubb said:

I want to see more evidence of a bottom before I add.

Also, I want to do more checking into why this stock has been so weak

Bit of a one trick pony at present maybe the reason. Thought low 90’s would be near the bottom. Hey ho.

Hector. The security is not really the issue to me. It’s like saying trouble in London will be mirrored in Newcastle in the U.K, check the respective operating locations. Pretty sure one East, one West from memory.

Some move, the last spike went nicely into the 70’s, jumped on late I suppose but rode an 18c gain before cashing out earlier this week.

Watching with interest where WM settles, it might be a cashout too soon I regret, didn’t want to make same “error” as with GCM of not banking a good move up.