Friday File: “The $13 Billion Gold Anomaly”
by Travis Johnson, Stock Gumshoe | December 2, 2016 5:18 pm
Whats being teased by Bill Patalon's Private Briefing as "The $1 Platinum Miner Set to Hit $100?"
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Outstanding comprehensive report Travis, THANX!
Been hanging onto some shares since 2012, so sure hope he knows what he’s talking about! LOL
Travis, can you share what call options you bought on SWC.
UnkleBill, You may be interested in this thread and comment http://www.stockgumshoe.com/2016/11/microblog-seeking-information/comment-page-1/#comment-4908414
Best2You and all ~ Ben
unklebill, sorry I missed this question earlier.
Turns out the hinting about takeover offers was real and Stillwater has agreed to be taken over at $18 a share by Sibanye Gold — that works out OK for me, my options were split between January 2017 $16s and January 2018 $25s, since I thought the stock would have a good year next year if they didn’t end up getting a bid. So the January 2018 options are essentially worthless now that Sibanye has offered $18 a share, but the January 2017 options got such a quick boost that the overall speculation still ended up being profitable by a couple hundred percent.
It’s a little bit of an odd takeover offer because it’s fairly low, in my mind, but it makes a lot of sense for Sibanye because of their experience in the South African platinum group metals — they get to bring their expertise to a new and somewhat similar geology, but also get to diversify geographically… which, given the uncertainty of politics and labor relations in South African mining, must feel appealing for them.
Any thoughts on Doug Casey’s prediction that the anticipated change in Sharira law interpretation he expects by year’s end will trigger major buying in PMs? Or ideas on the specific stock he’s pitching to take advantage of that prediction?
https://www.caseyresearch.com/cm/date-gold-is-poised-to-soar
Oops, just remembered, Travis already called this one in his very rich Nov. 11th Veterans Day column for Irregulars.
link?
Friday File: Quick Look at Doug Casey’s “Biggest Bet” and Gold’s Three Catalysts http://www.stockgumshoe.com/reviews/the-casey-report/friday-file-quick-look-at-doug-caseys-biggest-bet-and-golds-three-catalysts/
to Find articles use search i.e. Casey
or by author Travis = admin
http://www.stockgumshoe.com/author/admin/
This is a subject I have spent many times wondering. Mining ETF’s of any metal mining or stocks I don’t bother with. I invest only with the gold $5.00 eagles. Basically that is the safest and most effective way I have found, and easy to sell or buy. And a few other reasons. The reason I see Platinum and Palladium in my thinking is how much they and silver look so much a like. Palladian is better for industrial usage than gold and more scarest than all. Gold is easy to acid test and looks nicer. It is also has a mystical and hypnotic appeal throughout out history. So I find it most investment friendly.
Sometimes plays that seem obvious take longer to play out than first expected, sorry now that I didn’t hang on to my Stillwater position but I do have a position in PLG plus WELLGREEN, another Toronto listed stock with proven platinum resources and am also considering Polymet for purchase. My #1 stock pick for 2017 was also mentioned, I consider Ivanhoe Mines IVN-V as grossly under valued with huge potential long term. What I have considered lately is how the rising interest in electric vehicles might dampen the demand for PM’s for catalytic converters, but that simply opens the door for more growth for cobalt, graphite and lithium which is a whole new market too look at.
Travis: I guess you saved me $39. by NOT subscribing to Bill Pantalon’s Private briefing even though that is a pretty reasonable price if his picks are generally good. For the record, when I found out that Sibanye priced at half that of Stillwater itself, I bought shares in Sibanye because I considered its gold assets well worth the price. While I am not expecting the kind of returns Bill is projecting for PGM.s best case scenario as a certainty, I do believe it will deliver a good return that will justify my early investment before I ever read Pantalon’s promo. So far I haven’t identified his other platinum stock @ $7, because I decided I have sufficient exposure to platinum with stocks I already hold, UNTIL I see evidence that the platinum / gold gap is narrowing again, which I do consider a reasonable market speculation. It is all about proper balance and portfolio allocation and appropriate levels of investment related to risk as opposed to blind “bet the farm” on a specific outcome based on a promoters usual “hyped” best case projection.
HI MARTIN,
Is this the same Ivanhoe Mines listed as IVPAF on TSX?