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written by reader Gold and Silver and Hard Assets after Trump’s Inauguration…2017

By hendrixnuzzles, January 23, 2017

MAKE YOUR PORTFOLIO GREAT AGAIN !
This thread is a continuation of several threads posted previously by the author on gold and silver and hard asset investments. I am still a believer in hard assets. I also believe we are entering a period of inflation with continued dollar devaluation, higher interest rates, and a sluggish economy with chaotic dislocations. I believe there will be a lot of uncertainty and high volatility.

PURPOSE My intent is to find and discuss good mining and commodity ideas. Gold and silver remain a focus, but I want to achieve a more balanced approach still based on tangible commodities.

STEEL and IRON ORE…I believe Trump’s programs will benefit iron ore and steel. Stocks in this sector have been beaten down terribly but are rebounding. I am long VALE, a Brazilian company which is the world’s largest iron ore producer. I have been long Arcelor Mittal but do not have a position at the moment. Anybody know anything about cement and asphalt ?
COPPER, ZINC, PGM METALS…My very best conviction stock is Ivanhoe Mines IVPAF. I am completely comfortable with a large single position in IVPAF to cover these metals. However other investors may be uncomfortable with a small cap in sub-Saharan Africa. So I think it is beneficial to introduce other names even though I myself am not interested. Rio Tinto, Freeport-McMoran, Teck, Turquoise Hill, BHP and others come to mind. Travis, our host, is long Altius Minerals, and I have been also.
URANIUM…I’m bullish but the choices seem pretty limited. My top three investment-grade choices are Cameco first, then Cameco second, or my third pick would be Cameco. After that, you are speculating on small caps, or buying ETFS or funds comprised of Cameco and some small caps. At the moment, I am long Cameco and UEC.
LITHIUM…I am considering a long position in lithium. I have nothing to recommend at the moment, although I am strongly considering Galaxy, an Australian company. And I like Neometals, also an Australian, but it is difficult to get from my broker, who hates it when I want to buy obscure 50 cent companies on small foreign exchanges. If anybody’s got a great battery play, I am interested.
POTASH/FERTILIZER…very interested but they all seem pretty expensive. There has been consolidation but I have considered Agrium, Mosaic, and there is a German company whose name I forget at the moment (K&D? K&S?).
OIL AND GAS…I would like some very good conviction picks accompanied by strong reasons and decent research. This field is so big, we could get completely lost just tossing names around. I am somewhat worried about price weakness in the energy sector but feel that it is worthwhile to develop a point of view on a few companies. I have little experience although I made very good money in the past on XOM and CVX. Currently I would be interested in pipelines, LNG, or any other sector that someone knows something about. In natgas I like OGZPY.
SOLAR and WIND…really not too interested. The results depend too much on politics, the time frames seem too long. But I am not completely closed-minded on it if you have conviction on something.
COAL…same opinion as solar and wind, but the prices are low and depressed instead of hyped and high-flying. I am still stuck with some defaulted Arch Coal bonds that my financial advisor recommended. They went to ZERO. Now they are worth a Starbucks latte and a pastry. And no espresso shot in the latte, either.
AGRICULTURE…very interested. A large sector but really not too many choices if you rule out futures, like I do. I have a few obscure favorites, but no positions at present:
WHGPY (Chinese pork processor who bought Smithfield)
LAND (Gladstone Land, California farmland)
INCPY (Input Capital, a Canadian canola, streaming model).
Open to more conventional picks like ADM and DBA.
GOLD AND SILVER…my picks have been discussed at length previously. I follow these pretty closely. I am long royalty/streamers SAND, FNV, SLW, and OR; miners PVG, MAG; developers SA, CLASF, MRDCF, BALMF, KNTNF, and LXVMF; and I own PSLV and physical bullion. I swing trade big caps ABX and NEM.
****
DISCLOSURES. I am a retired executive and an amateur investor. I like both fundamental and technical analysis. I am a medium-term to long-term position player and prefer to discuss stock investment in that context. Please no minute-by-minute reports that oil is now 52.50 down 10 cents and the Iranians may suspend Ramadan next week so you are going long until the afternoon bell.

I am not an expert in any of the commodities discussed nor am I qualified to give advice.
Everyone makes mistakes and I make more than my share.Sometimes I change my mind.

When I post, I express my opinions and my positions. These are just that…they are my opinions and my positions. They are not advice or recommendations, which I remind you I am unqualified to make.

Opinions and positions are subject to change at any moment. That is quite unlike the pig-headed and foolish political convictions everybody carries around adamantly, and which change only rarely for unpredictable reasons that have nothing to do with logical thought or reasoned discussion.
Because of this, political developments can be introduced on this thread only when they have a clear bearing on the commodities or companies under discussion.

You are responsible for your decisions, and I am responsible for mine. Caveat emptor.

I would like to operate in a friendly, honest, and constructive atmosphere.
As thread moderator I reserve to myself the role of referee, censor, arbiter, and Grand Poobah, subject to the over-arching authority of Travis, who owns the site and who has on occasion exercised his right to ruthlessly censor and suppress my radical blatherings.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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yclin747
January 25, 2017 4:16 am
Reply to  hendrixnuzzles

I speak Chinese, and generally I prefer not to care about what the Chinese government says. Maybe half of what they say is true, but the other half is false. Why bother to guess what is true and what is wrong?

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hedy1234
hedy1234
January 25, 2017 11:29 am
Reply to  hendrixnuzzles

HN
Great cautionary note.

My question for you is this. With out those events you enumerated, when are you thinking about taking some profits?

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hedy1234
hedy1234
January 25, 2017 6:50 pm
Reply to  hendrixnuzzles

Totally understand. Just wanted your take……

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hedy1234
hedy1234
January 26, 2017 4:17 pm
Reply to  hendrixnuzzles

So this a little different thinking than ” when market cap gets to 6 billion” I will consider profit taking.

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hedy1234
hedy1234
January 27, 2017 9:40 am
Reply to  hendrixnuzzles

HN I thought your 6bill comment was in relation to Ivanhoe?

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hedy1234
hedy1234
January 29, 2017 3:59 pm
Reply to  hendrixnuzzles

HN
What is your sense of them getting bought out early or do they have any government cover on that?

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secretsquirrel
secretsquirrel
January 29, 2017 4:02 pm
Reply to  hedy1234

hedy,
Buy some, jump off the cliff, be a devil…ha ha

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hedy1234
hedy1234
January 29, 2017 4:08 pm
Reply to  secretsquirrel

SECRET- been in the stock since 0.72…

Just trying to get the full picture.

HN – Current view on Mariana? I have owned that one from 0.50.

Thanks.

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secretsquirrel
secretsquirrel
January 31, 2017 10:09 am
Reply to  hedy1234

hedy, excellent price point…

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dunnydame
dunnydame
January 26, 2017 2:43 am
Reply to  hendrixnuzzles

Thanks hn. I have gains enough in $ATVI, $COST, $IPGP & $SKX to allow me to take a chance with a possibly volatile mining stock like $IVPAF. Not to mention my long exposure to A Certain Person’s recommendations of mining stocks. (He’s in the mining industry.)
Since I can’t add more funds to my IRA I have to do the economic analysis of what underperforming current holding/s should I sell to finance a purchase. Forces me to take a good hard look at what I’ve got, which is good.
Cheers, Penny

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secretsquirrel
secretsquirrel
January 26, 2017 3:34 am
Reply to  dunnydame

Penny, not sure if this is of use for your timings but the Platreef grave relocation hearing is the next Ivanhoe news that might have any bearing on the share price I would imagine?? The court order remains subject to finalization but Ivanplats will present evidence supporting continuation of the relocation program thus seeking to have this interim order set aside. The matter is set for 26 January 2017…..

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leftfoot75
January 26, 2017 5:48 pm
Reply to  hendrixnuzzles

HN, I really appreciate this page you set up and the time you take to respond and share info with us! Many thanks! Your suggestions are very much appreciated.

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chrizcringle
January 25, 2017 11:09 am

Palladium getting smashed today! 🙁

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secretsquirrel
secretsquirrel
January 25, 2017 1:19 pm

Regards Ivanhoe hn can you say what this link means and is there anything relevant that we here are not aware of…..thanks.

http://portals.flexicadastre.com/drc/en/

On the Cadestre site, click continue on the centre and add Ivanhoe to the upper right hand box. Ivanhoe in the DRC is in blue.

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secretsquirrel
secretsquirrel
January 26, 2017 1:19 pm
Reply to  hendrixnuzzles

Seems maybe they have other projects being looked at in the area that are not yet announced due to various reasons. I can only see this as a positive, especially with RF’s track record of discovery. Of course this could all mean little or nothing, just pure speculating on my behalf. But fingers crossed!

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Griffin
Griffin
January 25, 2017 2:05 pm

$UEC – Amir Adnani – CEO of Uranium Energy Corp and Chairman of GoldMining Inc. (formerly known as Brazil Resources) New Dawn for Nuclear Power, Curzio Research.

http://www.frankcurzio.com/new-dawn-nuclear-power/

no pos

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secretsquirrel
secretsquirrel
January 25, 2017 5:03 pm

My Greatest Investment Ever – Ivanhoe Mines

http://fifighter.com/precious-metals/precious-metals-updates/2017/01/my-greatest-investment-ever-ivanhoe-mines-142758-64-realized-gains/

Good read….not me, just came across it.

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secretsquirrel
secretsquirrel
January 26, 2017 10:48 am

From Seeking Alpha – Ivanhoe Mines.

Ivanhoe Mines’ Latest Drill Results At Kamoa-Kakula

https://seekingalpha.com/article/4039643?source=ansh

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secretsquirrel
secretsquirrel
January 26, 2017 4:05 pm
Reply to  hendrixnuzzles

There are 9 drills turning at Kakula now, this will be not just be Africa’s biggest copper deposit but the World’s Largest Copper mine soon. Speaking of buts, the author is talking out of his…….IMHO of course….. (-:

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Griffin
Griffin
January 26, 2017 11:23 am

$UEC – article below published this week by the Hill.com on how Rick Perry, US Energy Secretary Nominee, can reshape America’s energy policy. Perry was Texas Governor from 2000 to 2015 and during that period the UEC team worked closely with him as we transitioned UEC from explorer to producer in late 2010. He’s a strong supporter of nuclear power and very much on the same page as the policies and views of former Energy Secretary and UEC Chairman, Spencer Abraham.

http://thehill.com/blogs/pundits-blog/energy-environment/315331-going-nuclear-perry-poised-to-lead-renewable-energy#bottom-story-socials

no pos

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secretsquirrel
secretsquirrel
January 26, 2017 11:40 am

The world’s 10 largest copper mining projects of which Ivanhoe is in there….

http://www.mining.com/the-worlds-largest-copper-mining-projects/?utm_source=digest-en-mining-170125&utm_medium=email&utm_campaign=digest

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petervr
petervr
January 26, 2017 12:59 pm
Reply to  secretsquirrel

IVPAF – Long
A really interesting post. Thank you Secret.

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secretsquirrel
secretsquirrel
January 27, 2017 12:54 pm
Reply to  petervr

My pleasure, some saying it will be the biggest allowing for the high grade at some point in the future….

FYI – Rio Tinto’s copper woes worsen as Jakarta halts export

http://www.theaustralian.com.au/business/mining-energy/rio-tintos-copper-woes-worsen-as-jakarta-halts-export/news-story/1098cd455ae3477697e85d5b6b019a3f

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secretsquirrel
secretsquirrel
January 26, 2017 4:42 pm

Crossing the Congo: ‘We were arrested, robbed by soldiers, and had an AK-47 pointed at our necks’

http://www.telegraph.co.uk/travel/destinations/africa/articles/crossing-the-congo-interview-with-the-author/

Long & Large Ivanhoe Mines……

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secretsquirrel
secretsquirrel
January 26, 2017 6:56 pm

hn could you give your observations on this, thanks.

Colorado Enters Into a Communications Agreement With Tahltan Central Government

http://www.marketwired.com/press-release/colorado-enters-into-a-communications-agreement-with-tahltan-central-government-tsx-venture-cxo-2191446.htm

Long CVE:CXO

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secretsquirrel
secretsquirrel
January 31, 2017 10:07 am
Reply to  hendrixnuzzles

Noted – cheers!

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Griffin
Griffin
January 27, 2017 10:02 am

Lithium Miner News For The Month Of January 2017 – by Matt Bohlsen at seeking alpo
Summary
Lithium spot and contract price news – Lithium carbonate spot prices unchanged in January, strong lithium carbonate pricing in Japan at 15,000/t.
Lithium market news – “Lithium demand forecast to rise 16% pa to 2025 – the fastest of any significant commodity over the past century.”.
Lithium miners news – What a month for Lithium Americas – securing not one, but two, great deals securing project financing and off-take equity partners.

http://seekingalpha.com/article/4040100-lithium-miner-news-month-january-2017?app=1&uprof=46&isDirectRoadblock=true

X posted to gold assets

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Griffin
Griffin
January 27, 2017 12:12 pm

$KNTNF – K92 Drills Multiple High Grade Gold Intersections in Irumafimpa Area

K92 Mining Inc. (“K92”) (TSXV – KNT) is pleased to announce the latest results from the ongoing grade control drilling program at its high grade Kainantu Gold Mine. K92 is currently ramping up the Kainantu Gold Mine towards commercial production, with its longest continuous production run to date now commenced.

http://www.k92mining.com/2017/01/k92-drills-multiple-high-grade-gold-intersections-in-irumafimpa-area/

$KNTNF – long

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Griffin
Griffin
January 27, 2017 11:24 pm
Reply to  hendrixnuzzles

I thought the results from the drill core looked good just didn’t know how good. I have a small position in K92, and want to add. You mentioned you were looking for battery stocks or battery material stocks. Battery stocks haven’t caught my attention yet. There was one battery stock recommended some months ago that would not loose its’ charge if left to sit for a year $OGES. At about the same time I got back into eCobalt solutions $ECSIF. the battery stock is down 50% and eCobalt is up 50% In this months article on lithium miners there is a spread of miners and explorers, it also has a reference to material used in making Lithium batteries. Copper, Nickel, and Manganese are also used in the batteries, I’m thinking of researching Nickel and Manganese when I find time.

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secretsquirrel
secretsquirrel
January 27, 2017 12:15 pm

Clean TeQ Holdings Ltd to ply water purification methods in China’s Shanxi Province

http://www.proactiveinvestors.com.au/companies/news/152135/clean-teq-holdings-ltd-to-ply-water-purification-methods-in-chinas-shanxi-province-69475.html

Up today, but just puts me back for now as got in high @ AUD 0.585

Long $CLQ (ASX)

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secretsquirrel
secretsquirrel
January 27, 2017 12:48 pm
Reply to  secretsquirrel
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Lulu
January 27, 2017 6:08 pm

Further reading into Armstrong economics……shorting.
“Myth: Short-selling causes panic declines.
Throughout history, whenever the stock market crashes, the majority blame short positions for causing the panic. This has been the root cause of government investigations during every panic.
Reality: A short position in stocks is created by borrowing stock and then selling it on the market. Therefore, every short position actually results in a long position. The first is the long position from whom the short borrows; the second is the long position created by the person who bought the stock from the short seller. So at any given time, short positions are outnumbered 2:1 in share markets, assuming that 100% of all outstanding stock was originally borrowed.
In reality, short positions typically only account for a small percentage of total outstanding positions. Therefore, it is impossible for short positions to outnumber long positions. This only becomes possible in the instance of unlimited naked short selling, but that has never happened.
In futures, two players must balance every contract: one long and one short. Therefore, in commodities short positions can (at best) only match long positions. Even during the most bearish moments, short positions will never outnumber long positions.”

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geneh
geneh
January 27, 2017 6:48 pm
Reply to  Lulu

Uh………………..I think that they got rid of the uptick rule quite a while back. This enables big sellers to sell and sell stock which they don’t have and thus drive a stock down and down. Small volume stocks are more easily manipulated in this manner.

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frankw17
January 28, 2017 5:02 pm
Reply to  hendrixnuzzles

Ivanhoe Mines Ltd (TSE:IVN) had its price target raised by analysts at Canaccord Genuity from C$4.75 to C$6.00 on Tuesday. They now have a “speculative buy” rating on the stock. 43.9% upside from the previous close of $4.17. This rating was viewed 280 times.
No position in IVPAF because I’ve been waiting for a “dip”, so one might ask who is the real dip?
Regards,
Frank

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geneh
geneh
January 29, 2017 7:36 pm
Reply to  hendrixnuzzles

So, HN, can you give us a timeline for Ivanhoe? Are they fully permitted to mine? Have they mills in place? When do they expect to start mineral productionh?

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lc_fort
Irregular
lc_fort
January 29, 2017 5:38 pm
Reply to  hendrixnuzzles

Based on the link below, it seems that Millennial Lithium (ML/MLNLF) had some good drilling results recently.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aML-2438873&symbol=ML&region=C

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