Become a Member

Solving Hodge’s “The #1 Gold Stock of the Next Decade” Tease

What's the little gold stock with massive "reserves" being touted by Wall Street's Underground Profits?

By Travis Johnson, Stock Gumshoe, August 15, 2019

If newsletter guys know anything, it’s how to sell gold investments — gold has been at the core of the newsletter hype industry since the 1980s, attracting ornery gold bugs every time the gold price rises a bit, so we’re seeing most publishers running quickly to the virtual mailbox with their gold pitches these days… Stansberry is again promoting John Doody’s Gold Stock Analyst, all the junior mining lovers are coming out of the woodwork again now that some optimism is bouncing around Vancouver again, and we’re seeing all the ads for “gold in your 401(k)!” that pop up whenever gold prices are rising… along with the enticement that a lot of the newsletters are using actual gold as a freebie for new subscribers (sign up and we’ll send you a gold coin!).

Today we’ll look at one of those, the pitch from Nick Hodge that starts us out with the FOMO headline, “Here’s Your Last Opportunity Ever to Invest Before the Final Gold Bull Market Begins.”

That’s never true, by the way… there’s never “one last chance,” and if there were predicting such would be impossible — no one knows when gold will top out in price, or which mine will release good news… I’m sure some gold mining analysts are better than others, but the price of the yellow metal itself is the main driver of all of these companies, and that’s about as easy to predict as Donald Trump’s tweet subjects in any given week or month.

The pitch is actually from Gerardo Del Real, who writes his own junior mining newsletter, but this particular ad is for Hodge’s Wall Street’s Underground Profits ($99/year to start, autorenews at unknown price), and he “interviews” Nick Hodge in the ad… here’s how he introduces his publisher:

“I’m about to introduce you to one of the most interesting gold investors and venture capitalists I’ve ever met.

“His name is Nick Hodge.

“And he’s about to make the boldest claim of his career.

“He believes we have quietly entered a short window of time for you to invest before gold turns from bearish to bullish.

“‘It’s the final gold bull market’ he claims….

“Simply buy the right gold stocks today. One gold stock in particular… Nick’s #1 stock opportunity of the decade in gold… could be life changing for your portfolio.”

I guess it could be. “Could” is very powerful word in marketing, since we’re all primed to gloss over that and insert the words “probably will” in our minds.

So what’s the stock? Hints coming…

“That’s why I’m urgently recommending viewers to move capital into my #1 gold stock pick. It has more upside than any other metal stock I own.

“Analysts see a 450% spike already. But it could go a heckuva lot higher.

“#1. It’s trading for very cheap now. The bear market in gold pushed the price down way below what analysts believe it’s worth.

“It trades around $1 right now.

“#2. The company is quietly buying up mines at a rapid pace. It has a unique strategy I’ll share that’s allowing it to acquire mines for up to 90% off. So you can imagine, when gold prices move up to even just $2,000/oz, this stock will absolutely rocket higher.”

We’re also told that the stock has a market cap of around $200 million, and that Nick Hodge himself owns shares. What else?

“It’s acquired many assets recently, if you totaled all its gold reserves together, it’d have one of the largest deposits in the world.

“But it has nine projects, so it’s all split up and thus under the radar.

“You google ‘largest gold deposits’, it won’t pop up because it’s spread out over multiple mines.”

That’s a challenge, I imagine, because small mines are dramatically less valuable than large mines — big companies crave big deposits because they can mine them for decades while dealing with only one permitting process and one construction project, small mines can be almost as hard to build as huge ones but are far less valuable.

Are you getting our free Daily Update
"reveal" emails? If not,
just click here...


The ad is not exactly new content — it teases us about the possibility of $1,500 gold this year, a 15% rise in the price, but gold has already topped $1,500 in just the past week. It looks like they pulled their data the beginning of the Summer.

They also brought Mario Garnero into their “interview,” which for those who have been paying attention for a few years probably means we’ve already got our answer… but we’ll keep checking the clues just to be sure. Here’s what they say about him:

“Mario’s a Brazilian banker and trailblazer. He’s been called the “Father of the Ethanol Car.” During the 1979 petroleum crisis in Brazil, Mario challenged the top four automotive companies in the country to produce one million cars that run on ethanol. Three years later, 90% of Brazilian cars ran on ethanol thanks to him.

“He’s a personal friend of the Rockefeller and Rothschild families. As well as U.S. presidents including President George W. Bush and President Clinton.

“Currently, he’s the chairman and largest shareholder of Brasilinvest, the largest merchant bank in Brazil.”

He mentions meeting Mario at a Carlyle Hotel meeting four years ago, which further reinforces that their first meeting was during Mario’s series of meetings to promote this little gold stock back in 2014… Frank Curzio also teased this same stock, under its old name, back then, also based on meetings he had with Mario Garnero and the other investors in the company.

But I won’t spoil the surprise just yet, there are also a couple other clues… Hodge says the company is in…

“… full-blown M&A mode at the moment….

“While miners have been going out of business or getting acquired, this incredible gold play has over $9.2 million in cash to spend on mining activities. Zero debt.

“It’s been making acquisitions since 2011. In the past five years, it’s acquired seven gold projects.”

More?

“If you added all its gold up, it currently holds 23 million ounces of gold. That would make it one of the top 10 gold mines in the world if added together.

“When you multiply its reserves by the average price of the past few months…

“You get a value of $29.9 billion.”

That’s silly, of course… in addition to the fact that small deposits tend to be much less valuable than large ones, gold in the ground is never worth anything close to the market price of refined gold. You can argue about whether it’s worth $10 an ounce or $100 or $200 an ounce, depending on sentiment and the specific project and its appeal (what are the mining costs, what’s the regulatory regime like where the mine is, how much exploration has been done? How big is the mine and how quickly could it repay the capital cost of building the infrastructure?), but it’s never worth more than a small fraction of the market price of gold.

Other clues…

“… its reserves are spread out among many mines in the U.S., Canada, Peru, Brazil, and Colombia.

“And the CEO told me privately they are still looking for more assets to acquire.”

We’re also told that insiders own 20% of the shares, and they include Mario Garnero as well as Rick Rule’s Sprott Global… and that there are only two analysts covering the stock, HCW and Roth, both of whom see the price soaring (that’s where they get that “analysts see 450% spike coming” bit).

So who is it? Thinkolator sez this is GoldMining Inc. (GOLD.TO, GLDLF), which graduated to the Toronto Stock Exchange a few months ago but has been a heavily touted stock several times in the past (mostly under its previous name, Brazil Resources).

GoldMining is a project of Amir Adnani, who I think used to be an investor relations/stock promotion guy in Vancouver a decade or more ago and then turned to the ownership side with Brazil Resources and his other company, Uranium Energy Corp (UEC), so he is very investor-savvy and great at promoting his businesses, including relationships with lots of newsletter folks (and getting that “GOLD” ticker in Toronto). That’s not necessarily a criticism, by the way, “promotion” is a dirty word for a lot of investors, and there are a lot of promotional charlatans in the mining world so that makes sense… but promoting your company is also a key part of the CEO’s job for any junior miner, these are companies that sell hopes and dreams about a possible future that’s many years away and is dirty, difficult and complicated, and they need to be storytellers.

Both UEC and GoldMining have been essentially “buy stuff and wait for a bull market” companies, acquiring smallish and inexpensive companies and/or projects and hoping to sell or partner them or start actual mining or production when animal spirits return. It hasn’t worked with UEC, since uranium remains stubbornly in the doldrums, but how is GoldMining doing?

Well, from the income statement it looks like they’ve been sticking with the same strategy they had when I last checked… selling a few shares here and there to keep the lights on, making some more acquisitions in 2017 and 2018, but only doing very early stage project work (permitting, very limited drilling to identify resources, etc.). They have mostly bought beaten-down junior miners who can’t afford to keep operating or whose project/discovery wasn’t advanced enough or attractive enough to get built when gold prices were low — they say that they acquired a bunch of their largest projects for $80 million, but that those companies they acquired had had a peak market cap of $822 million in better days. That doesn’t mean they’ll bounce back, of course, but it does at least mean that they didn’t pay very much… and most of their acquisitions have been done with stock.

Essentially, they’re doing their “discovery” in the stock market instead of with prospectors and drill bits, and are hoping that someone will come along and want to partner on these discoveries, most of which have just sat there waiting for a suitor for the past six years. There’s some appeal to that model, of course, because exploring and drilling and proving up reserves is expensive — if you can just buy cheap projects and put a little shine on them and get someone else to partner with you to pay to actually define reserves and plan and build a mine, you’re a happy investor. But you’re inherently pretty passive, too, depending on someone else to come along and find your projects worthy of a major investment.

And while the promo ad pretty liberally throws around the word “reserves,” that’s not what GoldMining has — what they have are big buckets of resources, which is different. Mining terminology is specific and regulated, “reserves” means you have found the gold and know where it is and you can mine it profitably at something close to the current price… “resources” means you’re pretty sure you have found the gold, with varying degrees of certainty, but haven’t fully proven out the ore body yet and have done no economic calculations about extracting the gold (GoldMining has 10.5 million ounces of “measured and indicated” resources, and 12.4 million ounces of “inferred” resources). Reserves are expensive, because it takes a lot of drilling to prove up reserves… resources are much less expensive.

Rising gold prices tend to always drive attention to these kinds of well-connected stocks (Marin Katusa, Doug Casey and Rick Rule are shareholders too, along with Nick Hodge and probably lots of other smaller well-connected folks in the junior world, so every mining-related newsletter knows this name — so it wouldn’t be surprising if this stock gets recommended or teased by a bunch more newsletters this summer), which means they can be good bets on leverage to rising gold prices as investors flow first to the most heavily-covered juniors… but so far there’s no real indication of them getting any partnership offers despite the fact that gold has held above $1,200 an ounce or so for almost three years. Perhaps this latest surge to $1,500 in the past couple months will drive interest from companies who want to invest to build GoldMining’s Whistler, Yellowknife or Titiribi projects, or perhaps not — I have no idea whether a mid-tier miner would find these projects attractive (Titiribi is by far the largest project they own, in Colombia, with close to 8 million ounces of resources, but it looks like the last drilling was done there in 2013).

Big picture, Hodge cites five catalysts for gold to rise — first being a lack of new supply, thanks to the oft-cited fact that explorers aren’t finding any huge new mines these days.

And if supply is one, then demand must be the flip side — right? He says that demand is rising as “the richest people in the world are also pushing their money into gold.” He gives a few examples, including John Paulson, George Soros, Ray Dalio and Carlos Slim. I don’t know if that means anything in the short term other than “really rich people are scared of losing their money,” the uber-wealthy are not necessarily any better at timing the global economy than anyone else.

The second catalyst he cites is the “technicals” for gold — lots of long-term charts showing shapes that are supposed to mean something, but really it’s mostly an argument that since gold didn’t fall a lot further during the bull market, it has therefore found a new “floor” from which to jump higher. And as an addition to that, he does note that gold has momentum — which it did and does. From the charts he cites, it looks like the data for this ad was pulled in late May, just before gold started jumping — so either he had some pretty good short-term timing, or he waited until the trend moved in his favor to start really pushing the ad.

Other catalysts? He says that gold is at an all-time high price… in every major currency except the dollar. Which is just another way of saying that the dollar has held up much better than every other currency, something we’re all quite aware of… and something that has been driven largely by the differential in interest rates. So perhaps if the dollar weakens again as interest rates drop, as President Trump would like, that will drive gold up again in dollar terms (which is what most of us care about).

That’s arguably already happening, with gold’s latest surge coming in the past couple months, after the market (and perhaps pressure from President Trump) forced the Federal Reserve to cut interest rates and the Trade War got ugly again, increasing the probability of a recession and another series of interest rate cuts.

Other catalysts? More volatility will send investors into gold. A recession would be good for the gold price (or at least, that gold will rise after a recession — what you can really see in charts is gold may not rise when the market is falling, but after it falls people get scared into gold). And the final catalyst he cites is consolidation — the likelihood of the industry narrowing as companies buy each other, which is already happening at the top with the Newmont–Barrick–GoldCorp dance earlier this year and a wave of mid-tier mergers, and is always happening to some degree with junior explorers getting bought out by reserves-hungry operators.

So will those gold catalysts keep firing and drive the price higher? If so, GoldMining will probably do quite well and will probably be quite levered to that move, just as predecessor Brazil Resources was in the brief gold bull market we had in the first half of 2016. To get an idea of how levered this company has been, whether because of promotion or real “size of resources” leverage to gold, here’s what the share price has looked like since they went public in 2011, GoldMining/Brazil Resources is in blue, compared to the big miners (GDX ETF, in red) and to my favorite royalty company (Sandstorm Gold, green), as well as to the price of gold itself (GLD ETF, orange):

GOLD Chart

And, of course, the time frame you choose for a chart can change the story completely — if you had bought three years ago in the summer of 2016, right after the last time gold surged and everyone was really excited about it again, the results for everything except gold itself would have been quite disappointing:

GOLD Chart

And, of course, if we go back to that 2011-present timeframe, we get a good reminder that gold companies have a very hard time growing value over time unless there’s a steady and unrelenting rise in the price of gold — this is that first chart again, only I threw in the S&P 500 to show you what you were missing if you focused only on gold during that time.

GOLD Chart

You can see how the company wants you to understand its prospects by checking out their latest Investor Presentation here, which outlines their larger assets and quotes some of those analyst reports, in addition to including a lot of the language that Hodge uses in the ad. It’s hard for me to get excited about this company operationally, since they aren’t really doing anything, but they have been patient about acquiring cheap projects and holding them in their pocket in hopes of a wealthy suitor coming along in the next gold bull market… the last surge in the gold price in 2016 did not lead to any deals, and the shares fell pretty quickly back down after their huge promotion-fueled surge, but maybe the next one will — if we’re in that bull market now, I guess we’ll soon find out whether anyone with money to burn wants to build mines on GoldMining’s projects.

I speculated on these shares during that surge three or four years ago, but haven’t owned them since… and I can’t claim to have any real confidence that Adnani’s strategy of “buy low” will work because he hasn’t yet done any “sell high” deals to validate the worth of all these properties they’ve acquired over the years… but that might just be because I’m a little tired of hearing the promotional talk about this company after following them off and on for the past eight years. You can make your own call on GoldMining… it is, after all, your money… and I hope you’ll share your thoughts on either the company or the future of this nascent gold bull market with a comment below. Thanks for reading!

Irregulars Quick Take

Paid members get a quick summary of the stocks teased and our thoughts here. Join as a Stock Gumshoe Irregular today (already a member? Log in)
guest

12345

This site uses Akismet to reduce spam. Learn how your comment data is processed.

38 Comments
Inline Feedbacks
View all comments
brotherjim3
August 15, 2019 12:41 pm

So many promising junior producers around instead. That’s where the money has been for years, and IMO, will continue to be.

👍 83
👍 21717
goldstockbull
Member
August 15, 2019 1:16 pm

I’ll throw out a few names that I think are worth considering, especially as gold has broken above resistance and looks to be headed much higher: Alexco Resource, Aurion Resources, Westhaven Ventures, Amex Exploration, Wallbridge Mining, Great Bear Resources, Adriatic Metals, Klondike Gold. Of course, perform your own DD and good luck!

Add a Topic
210
Add a Topic
6151
👍 139
ggswift
August 15, 2019 9:53 pm
Reply to  goldstockbull

Thanks IMHO Alexo Resources AXU looks real good , and the best of the lot! Chart: http://schrts.co/WqjfNEwu

Add a Topic
3562
👍 185
Dave S.
Dave S.
August 1, 2020 4:35 pm

Watch the last 4-5 weekly vids from Eric Sprott: https://www.youtube.com/channel/UCE6enLH6PYuI17Dsx0pfGaQ where he mentions his fave jrs (some conflict of interest there as he owns chunks of each one)

Symore See
Guest
Symore See
August 15, 2019 12:59 pm

Nick Hodges is the King in the land of Pump and Dump.

Add a Topic
282
eyedoc2
Guest
eyedoc2
August 15, 2019 1:35 pm

Six or seven years ago , Ely Gold ELY.V ELYGF USA was touted by someone on this site as a sideline to one of Travis’ other gold stock commentaries. I bought some at .25 cents (didn’t sell for a quick 15% gain ) and watched it go down to as low as .06 cents over the years. I even dared the two rut hardened mud road to see the ghost town of Mt Hamilton near Ely Nevada although I didn’t get to see the prospecting operation they had there since it was on the other side of the mountain. Ely Gold has since sold off the developing mines after the death of one of the principals in their operation and converted to a claims consolidator and royalty generator with a new prospector partner. The stock recently jumped to .30 cents per share U.S. with the gold price run-up and seems to have more potential , any comments or should I take my 15% profit and run?

Add a Topic
1512
Chad Peterson
Member
Chad Peterson
September 23, 2020 8:28 pm
Reply to  eyedoc2

Did you sit it out,if so well done.

Add a Topic
Just askin.
mangell
August 15, 2019 2:28 pm

There’s got to be a better way to make a profit from gold. Owning actual gold seems too volatile and gold mining companies don’t want to pull it out of the ground until the price stays high. What’s an investor to do?

Add a Topic
210
👍 11
Christine
Member
Christine
August 15, 2019 2:43 pm
Reply to  mangell

Maybe an ETF that tracks gold prices such as CGL.C or XGD.TO that contains gold mining stocks (both Canadian)

Add a Topic
900
Add a Topic
210
👍 21717
PearlGreatPrice
August 15, 2019 6:00 pm

Travis, I pay for a solid, experienced gold advisor and you are right on here. Your SAND pick is one of the best values right now. I own it in multiple portfolios. In my most conservative portfolio, I only have SAND, GOLD, and PAAS to cover the royalties, gold, and silver.

Add a Topic
210
Add a Topic
5869
👍 27
Mike
Member
August 17, 2019 3:23 pm

How are royalties paid out to the investors? I know it is different than a dividend. Excuse me for being a newby but I never invested in mining stocks as they always seem to be so volatile.

tampabob
Member
tampabob
August 15, 2019 2:59 pm
Reply to  mangell

Take a look at GDX or GDXJ. Less volatility.

Add a Topic
4407
Add a Topic
5058
👍 83
Brad
Guest
Brad
November 2, 2019 6:28 am
Reply to  mangell

I wouldn’t look for a ‘profit’ in gold or silver. I have physical gold & silver which is my money of last resort if there is a severe inflation or breakdown in our economic system before I die. Otherwise I pass it on to my stepchildren. I made a profit in GDX years ago by selling covered calls and the shares at a profit. I now own GDXJ which has paid a year end dividend every year since I’ve owned it. In the early years the dividend was pretty good (over $1.00/share), but lately, not so hot. This year, with the price of gold up for such a sustained period of time, I’m hoping for another decent dividend, but have no idea how that will play out. Funny thing is, GDX never paid a dividend while I owned it. And yes, I’ve been selling covered calls on my GDXJ holdings, but so far they have yet to be called away, although if the price remains where it is or goes higher, some or all of my shares will be called away next year. Bottom line is, I hold the physical metals solely as insurance for the eventual dollar reset (devaluation). If you can’t see that, why are you interested in the metals at all? If you’re looking for a profit, try the stocks or funds. Funny thing is, I can’t see why people like SAND. What good is a royalty company that doesn’t pay any royalties. I do own some, but all I’m going to see is the increase in the shares that I sell in Jan. when it finally gets called away and the money I’ve made on the calls I’ve sold over the years. Not sorry I’ve owned it, but I would have expected it to provide something to the shareholders by now.

Add a Topic
210
Add a Topic
443
jaybee1
Guest
jaybee1
August 15, 2019 3:16 pm

eyedoc2,

I like Ely Gold Royalties, Inc. (ELYGF). I bought 20,000 shares years ago at $.40 per share and watch it sink all of the way down to a penny or so a share. Recently it has been hovering around $.30 per share, as you said. I’m getting closer to break-even, but I’m going to keep it. I may even add some more. I like the fact that they are going the royalty route. When I first bought them, they were just a junior gold miner.

Add a Topic
5725
Add a Topic
210
Add a Topic
1512
eyedoc2
Guest
eyedoc2
August 15, 2019 4:36 pm
Reply to  jaybee1

What I can’t figure out is if the dilution from all their horse trading activities and warrants convertible around $.25 or so will suppress the price of the stock, i.e. it can’t get to $.40 or $.50 per share because of the stock issued to those locked in at low costs by the warrants. Most of the royalties require the miner to actually develop the optioned claims and make actual production-some results may be years off into the future, even if gold prices stay up. I haven’t seen a quarterly report to show cash flow from all the deals they are making lately. P.S. Why didn’t we buy more shares at $.05 when they were available last winter?

Add a Topic
3229
Add a Topic
210
JayBee1
Guest
JayBee1
August 19, 2019 9:04 pm
Reply to  jaybee1

We didn’t buy more when it was at $.05 per share because if we had it would now be at $.01 per share. If I buy an inexpensive stock that I have been following, it collapses. If I don’t buy it, it soars. I’m one of the world’s greatest contrarian indicators. Someone should just do the opposite of what I do.

Captain
Guest
Captain
October 21, 2019 12:29 am
Reply to  JayBee1

Just buy physical metals instead of investing in a 401k. It works like a roth. You pay taxes on your wages and then you buy physical gold and then never discuss with the government what happens with it ever again. They love paper money because they can track it in their system. Physical metals, not so much. They can never nationalize your physical gold like they certainly will end up doing with pensions and 401ks for “everyone’s safety”. It’s an old scam. They let you work for your whole life and then rip you off when you are old because you are no longer of any use to them. The only real way out is to save for retirement outside of their system.

If Warren gets in office she will be charging the middle class wealth tax in order to pay for her free socialist handouts which she will use to buy votes.

Add a Topic
9410
Add a Topic
210
oliveira
oliveira
August 15, 2019 4:45 pm

I believe it is the global economic weakness that is increasing the probability of a recession, not the trade dispute between the US and China.

Add a Topic
108
👍 21717
Tony
Member
Tony
August 15, 2019 4:47 pm

Main holdings are WPM and SAND, also happy to be long of KIRKLAND from way back. Others that are doing well and due to do a lot better are Perseus…African miner, executing well and expanding into its third profitable mine site.
Golden Valley, this company owns shares in other companies that total nearly double their own market cap…on top of all the holdings they have themselves….complicated arrangements made by VERY smart management, that lets other companies do the expensive exploration work for them.

Add a Topic
1320
Add a Topic
5869
hullevad
August 15, 2019 4:56 pm

In a world with negative interest rates gold will shine one day. Just not yet! US rates are positive and the USD will be the winner also in a depression with negative rates in Europe and else where.
Gold is in for a mayor drop in value untill it reaches a new bottom . (maybe usd 1100/oz)

Add a Topic
210
Add a Topic
5155
👍 84
Hugh
Guest
Hugh
August 15, 2019 9:50 pm

I bought this turkey (GLDLF) three years ago based on an interview I heard on Jay Taylor. Amir Adnani is just another smooth talking BS artist. Currently combing my positions to liquidate anything Adnani has touched. Three years minus 38%.

The problem is the name changes and hidden relationships. Eric Sprott, Rick Rule, they are literally golden. Most others, not so much. If you encounter a Robert F. Giustra, run; world class parasite.

Add a Topic
6343
Add a Topic
5520
Add a Topic
5232
ves
Member
ves
August 18, 2019 6:53 am
Reply to  Hugh

To brentrkopp, yes about the comment Rick Rule gives on your list. I had mine after 3 days back, and it was in line with my thoughts. To Travis, most promising in my view, Almaden, Almadex Royalty, and Azucar. Almadex royalty has a royalty on the 2 others .

Add a Topic
4376
brentrkopp
Member
brentrkopp
August 16, 2019 4:48 pm

In a recent interview on one of the websites concerning precious metals mining, there was an interview with Rick Rule, and to say the least it was very interesting. His decisions on viable mining investments rest on several factors. He examines the geology of the site and pays attention to the 43-101s. But more than just the “site”, he looks at the mining history of the site and the area for past successes or failures. He then reviews the political and ecological difficulties that make a mining venture difficult or too expensive to succeed. He has a list of the most successful mining executives and places GREAT faith in their abilities to bring a venture to reality. His current list, that he is willing to share, includes Robert Friedland, Lucas Lundin, Robert Quartermain, Clyde Johnson and Ross Beatty. In some role he wants one of these experts either directly involved, or have given their blessing to a project. His qualifiers are that these individuals have: 1 Most successful PM explorer( Friedland) 2 Most successful mining executives 3 Built 14 successful mining companies( Beatty).
If I remember correctly, he currently is upbeat on Osisko Mining OBNNF, Marathon GoldMGDPF, Sabina MiningSGSVF. One of the things that struck me about this article was that if you send an e-mail to Rick Rule with a list of your PM investments, he will review them and comment on their strengths and weaknesses. If that is true, I found that to be astonishing!
You may be able to find this article, as it was of fairly recent vintage.
As an aside, there used to be an elderly gentleman on this website that specialized in PM( forgot the name). In an article I believe it was July of 2015, I followed his recommendations and picked up a quick profit of $40,000 in the winter of 2016, about half of that on KL. I miss the hell out of him!
I also read everything I can by Taylor Dart on Seeking Alpha.
I am currently long on KL, FNV, NESRF, SAND, MGDPF, OBNNF, SGSVF, TPRFF, RMGFF, and WPM .
Happy hunting!

Add a Topic
4376
Add a Topic
2963
Add a Topic
5561
👍 2
ves
Member
ves
August 18, 2019 7:24 am
Reply to  brentrkopp

Abitibi Royalties Inc                    RZZ 5

Almaden Minerals Ltd                 AMM 4 risky, financing stuck, but cheap

Almadex Minerals Ltd                 DEX 5

Anglo Pacific Group PLC              APY.TO 4 

Azucar Minerals Ltd                    AMZ 5

Commander Resources Ltd        CMD.V 4 very cheap, but tiny

Eldorado Gold Corp                     EGO 6 cheap, but low inside ownership, high G&A

Ely Gold Royalties Inc                 ELY.V 5

Entree Resources Ltd                 EGI 4 requires patience
give

THIs is a fragment of my list, after the ticker is Rick Rule’s number and sometimes a comment. 1 is excellent, 10 is worse.

Add a Topic
3381
Add a Topic
210
Add a Topic
5725
eleanor
eleanor
August 18, 2019 10:28 am
Reply to  brentrkopp

Brent, I think his name is Mira. Have not seen his postings for a long time.

👍 21717
eleanorxduval
eleanorxduval
August 18, 2019 2:23 pm

So sorry to hear that. RIP Myron.

👍 236
fels326
Irregular
fels326
August 19, 2019 5:42 pm

Thanks to everyone for sharing your insight. I’m a newb and appreciate the analysis and recommendations.
Awhile back, when it was at $2.54/share, I bought U.S. Gold Corp. (USAU). Today it closed at .98. I guess I’ll hold onto it and see what the future brings. Anyone have any thoughts on this company? What I’d like to hear is (A) optimism! but I’ll settle for (B) the truth.

Add a Topic
210
Add a Topic
5773
👍 1
Captain
Guest
October 21, 2019 12:36 am
Reply to  fels326

If you care about technical analysis, I would say hold on tight because that one looks to be putting in a double bottom. It could push right back up to $3 very quickly from here.

kevinrawle
Member
kevinrawle
August 24, 2019 1:49 pm

I have several different practice portfolios on yahoo finance and the only one with positive returns this past Friday ( Aug 23 2019) is my gold portfolio. That tells me that there is not one stock other than gold worth buying right now. Out of around 1000 stocks I have collected and researched – only gold is growing – sad and fascinating. I have 18 gold stocks in my practice portfolio and will be buying them in my actual portfolio this week.
Good luck.

Add a Topic
2798
Add a Topic
210
jgriggs
jgriggs
August 30, 2019 11:29 am

CrushTheStreet is recommending Winston Gold (CSE: AGC & OTC: WGMCF) under 20 cents USD.

Add a Topic
210
Add a Topic
2146
Dave S.
Dave S.
September 1, 2019 9:57 am
Reply to  jgriggs

Heh — this itty-bitty stock just doubled overnight. Due to your above post or the reco at CrushTheStreet or a pump/dump elsewhere…? Who knows. https://www.tradingview.com/symbols/OTC-WGMCF/

Dan
Dan
May 11, 2020 5:33 pm

I really liked your writing is the first time I bumped into your blog.

Clear, objective no BS (something I’m tired of) I’ll keep coming back.

I didn’t know as much about GLDLF, other than the “cheap” marketing, very forceful like the other guys and companies you mentioned.
It is hard to get good reliable information, some of those guys seem to be legit, but what ever they say is always a pitch to sell something, there is this over care to be vague… and man they can talk and talk without saying nothing …, and in the end…, the same sales pitch.

I understand, some might have done their research and they make their money selling it, but apparently not in the market (that’s what feels like).

I also have SAND as my favorite company and is the only one I manage to learn more about it and see a solid honest report.

Beside SAND I have maybe 8 other stocks gold related, but I really don’t feel confident about it.

There are moments I find myself looking into Katusa site, pondering if I should pay for his research, as I don’t have the time or skills to collect a reliable info, but I always get stuck thinking it will be an immediate regret, a feeling of being scammed at 2K and after a year the confirmation of that when they automatically withdraw this fortune and I barely payed for the subscription within his advice.
This anticipation have stopped me every time, so far, but I have to say that moments like this where you simply don’t know, where the fundamentals don’t make any sense, this uncertainty make those ads sound quite appealing.

Moments like now is like listening Neil DeGrasse Tyson, talking about parallel universes where the laws of physics don’t apply.

Reading you gave me more confidence to stick with my plans, and try to learn more from people like your self, sharing their opinions over the net.

Anyways, thank you for taking the time and sharing this with us, I appreciate it!

Add a Topic
5520
Add a Topic
5869
PearlGreatPrice
May 13, 2020 12:26 pm
Reply to  Dan

Dan, Marin Katusa is competent, but expensive. More reasonable and just as competent is SomaBull over at Seeking Alpha. I’ve been a member for three years. You won’t be disappointed. I have 50% of my portfolios in his picks. Best ~

Add a Topic
2309
Add a Topic
3551
👍 27
askeens07
Member
askeens07
August 1, 2020 2:45 pm

I thought this was talking about Midas Gold Mining Corp (MDRPF)… Whoops.

Add a Topic
210
Add a Topic
4942

We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies.

More Info  
34
0
Would love your thoughts, please comment.x
()
x