John Moody’s Recommended Gold Stocks
by jbinsc | September 7, 2019 12:36 pm
I cannot afford the service @ $2,500 per year, but I’m interested in knowing which gold[1] stocks that John Moody is recommending. Any help will be appreciated.
JBinSC
Endnotes:
- gold: https://www.stockgumshoe.com/tag/gold/
Source URL: https://www.stockgumshoe.com/2019/09/microblog-john-moodys-recommended-gold-stocks/
Sorry, His last name may be Doody !
His Name is John Doody . Sorry, my mistake !
JBinSC
In his Aug 2019 webinar, the freebie recommendation was Belo Sun Mining (VNNHF). Comments related to John Doody, the webinar, or VNNHF got split into two different discussion threads. If you type “John Doody” in the Search Bar, you’ll see what I mean.
It does not seem that any Gumshoer decided to subscribe to the Gold Stock Analyst newsletter but if they spent the $2500, it’s only fair that they don’t mention what the other recommendations were.
bunion don’t you have Stansberry Alliance?
#Lael, I’m not a Stansberry Alliance member nor do I subscribe to any other newsletter. Have you ever come across the math provided by a member here calculating the ratio of a subscription versus portfolio size needed to allot to its recommedations? To paraphrase: one would need a $100K portfolio dedicated to just one subscription with an annual fee of $1500 divided by the 1.5% management fee.
Meantime, I’ve been an Irregular on this site long enough to be comfortable navigating through Recent Articles, Comments by other members, Newsletter Ratings, Reader-started Discussions, Teaser Tracking, etc. to get a comprehensive feel of what’s going on in the equities stock market.
Add to all that the “pearls of wisdom” from various sources which make their way to my Inbox PLUS doing my own due diligence for the stocks which interest me.
Talk about info overload!!! But it’s still cheaper than subscribing to any newsletter.
My mistake, I thought you were based on previous posts, must have had you confused with other users.
That being said, your math makes sense in any normal market, but it does ignore the situation where we go through a stock market crash like on 1999-2000 or 2007-2008 where investors lost 40-50% across the board. If a newsletter or combination of newsletters can help you successful navigate those time periods and minimize those losses by even half of that, then I’d say the price of the newsletter would be worth it for a $100k account. Especially for investors that may not always have the time/expertise to do their due diligence for every holding.
Personally I’m working with much more than $100k in combined cash/IRA accounts and have subscribed to several newsletters that give me the confidence to stay almost fully allocated in these uncertain times due to hedge holdings and capital efficient companies or funds.
What would the Gumshoe do to find out the names? I don’t know but if you go to yahoo finance and get a quote for VNNHF, up will pop a quote along with a list of other stocks that followers of belo sun also look up.
Consider that a clue.
Here’s a stock that is undervalued based on it’s 43-101 resources of gold and peer comparisons
Guyana Goldstrike with their flagship Marudi gold project an advanced exploration stage and near-term production situation in Guyana, South America.
The company is currently trading at an Enterprise Value per ounce of around $30, an 80% discount to peer companies with assets in similar jurisdictions and projects in similar stages of development.
Valuation Comparisons
345,000 oz gold @ $30 / oz Au = $10,350,000 = $ 17.5 cents / share with 58,500,000 shares ~ 80 % below peer companies
(Sept @$0.12 Market Cap = ~ $7,000,000)
Peer industry average $54 / oz Au
345,000 oz gold @ $54 = $18,630,000 = $32 cents with 58,500,000 shares at par with peer companies
Total indicated and inferred ounces = 345,300 oz. gold x $1400/oz. gold = $483 million USD.
Leverage? $483 million / $6.3 USD million Market Cap = 77/1.