Gold Reach Resources: A “Special Situation” With Better Than Average Odds of Becoming A Copper Mine

Sep 09

Gold Reach Resources: A “Special Situation” With Better Than Average Odds of Becoming A Copper Mine

Don’t let the name fool you – Gold Reach Resources (GRV, TSX-V) (GRJVF, OTC) is a Copper play all the way (but it does have good Gold credits). But because “Gold” is in its name I think it may take Mr. Market a little longer to figure out what I/we know now. Here’s the deal: …given its location, adjacent to Imperial Metals’ Huckleberry…

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Mason Resources: Could It Be The Best Copper Deal On Earth Right Now?

Jul 08

Mason Resources: Could It Be The Best Copper Deal On Earth Right Now?

Spinoff creates compelling opportunity… Why would a company do a “spinoff”? A management team decides to spinoff an asset or subsidiary because they believe it would be more valuable as a standalone entity. Value creation is at the heart of their reasoning in almost every circumstance. First published June 19th at BullMarketRun.com After years of being a hidden…

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Renaissance Gold: Their Last Deal Made Early Investors 98 X!

May 06

Renaissance Gold: Their Last Deal Made Early Investors 98 X!

It’s amazing what you can find when you dig hard enough! The People… Ronald Parratt and Richard Bedell Jr. jointly founded AuEx Ventures in 2003. Over the next 7 years, Parratt, Bedell Jr. and their exploration team were directly involved with the Long Canyon discovery in Nevada which was ultimately acquired by Fronteer Gold for $280 million. Early backers of…

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A Burgeoning Bull Market? 3 Cobalt Stocks Worthy of Investigation…

Jan 28

A Burgeoning Bull Market? 3 Cobalt Stocks Worthy of Investigation…

“You can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future.” -Steve Jobs Following the wise words of a visionary like Jobs, before peering into the future and envisioning what could become an insatiable demand for Cobalt we must look to the past. What…

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Orca Gold has plenty of Au, now it needs to discover H2O!

May 29

Orca Gold has plenty of Au, now it needs to discover H2O!

When evaluating gold exploration stocks there are three boxes that MUST be checked before making a “yes” investment/speculation decision: 1) The Right People 2) The Right Rocks 3) The Right Share Structure As far as I can tell, Orca Gold (CVE: ORG) (OTCMKTS: CANWF) meets or exceeds the above criteria. Its team has a proven track record, including a BIG success story— selling Red Back Mining for $7.1B in 2010. While somewhat complex, I understand the geology (Arabian Nubian Shield) hosts plenty of gold, evidenced by thousands of artisanal miners working Orca Gold’s Block 14, of which it owns 70%. CEO Hugh Stuart suspects Orca Gold is just scratching the surface on its 926,645 acre land mass, looking at the map of “targets” below, the prospect for adding additional ounces is good (to quite good). Thirdly, for share structure, approximately 40% of Orca Gold’s 107 million shares are held by Zebra Holdings [Lundin Trust], Sinotec [Beijing based multinational] and its management/BOD. Gold-gold-everywhere, but not a drop to drink. Orca Gold needs to discover water! In 2014, a Nubian sandstone aquifer was intersected 55km north of a potential mine site at depths of 35m to 80m. More recently, according to page 14 of the corporate presentation, a 24 hour pump test achieved 3.75 litres per second with good re-charge. Is that good? – I don’t know for sure. From what I hear, more than one sophisticated speculator doesn’t think Orca Gold will solve its “water problem” (so these initial results are an encouraging sign, but not good enough?). After asking around and listening carefully, I suspect pessimism surrounding H2O has dampened Orca Gold’s stock price thus far. But, and that’s a BIG BUT… if Orca Gold discovers water in large enough amounts to support a low-cost starter heap leach operation, it would be a positive catalyst for the stock (and we could get confirmation any week now). Worst case scenario, Orca Gold, or a hypothetical acquirer/partner would need a 195km pipeline to the Nile River, additional costs associated would likely shift its focus toward drilling (as opposed to production). Galat Sufar South: one of the Top 3 heap leach projects worldwide? While more metallurgy work remains to be done, initial...

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2 Respectable Gold Exploration Stocks Trading Below NAV

Apr 29

2 Respectable Gold Exploration Stocks Trading Below NAV

Nearly every stock associated with precious metals has increased dramatically in the past six months (we’re talking 50% to 500%). While not all deserved the price appreciation, it happened anyway. As a consequence, not many “super bargains” remain. A few months ago high-quality miners could be scooped for less than five-times operating cash flow. Explorers with quality resources could be had for less than cash on hand. –now the cost is much higher. In a way, it’s kind of sad, isn’t it? Consider the crowd psychology/thinking over recent history: a) Gold stocks down relentlessly! Losing money = financial pain (mental anguish even migrates into the physical realm for some). Who mustered up the courage to “buy low” aggressively? i dunno, perhaps 5% of all participants? b) Now then, inventory levels of “the right products” are way too low (aren’t they always approaching bear market finales). This leads to more mental anguish; 95% of the crowd is under-invested. Or worse yet, they sold too early. Shit! Damn!!… Must. Have. Pullback. has become the mantra for many since January. Let’s face it, for one’s gold stocks portfolio, capturing 25-50% (or hell, even 100%) doesn’t feel like “winning” after watching the old brokerage account hemorrhage year after year after year. The feel-bad-factor is compounded upon watching previously held gold stocks continue to race higher, almost daily. If you’re still waiting for that pullback… i admire your patience. In the 2014-2015 time frame, after years, months, and occasionally hour-to-hour bouts of mental turmoil even the most stubborn gold bulls threw their hands up and towel in (a good buy signal in my experience). Damn it! This shit ain’t easy!! It never is. Personally, this is when i’d try to comfort myself with a reminder, even The Gurus and TV Investment Celebrities get it wrong once in a while, or even most of the time (that feels better, ahhh). Dan (i’d say to myself), if you wanted to be right 10-of-10 times you should have been an engineer. With stocks, “being right” 100% of the time doesn’t exist. Selling at the top and buying at the bottom, while carrying the perfect level of inventory– i’m afraid it only happens once or twice in a...

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