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Thread: Investing in mining companies

  1. #11
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    Quote Originally Posted by oak333 View Post
    Mining companies are leveraged to the price of gold. If the price
    of gold increases, EPS (profit) increases even more.

    https://www.dollarcollapse.com/gold-...cks-dividends/

    As the price of gold is now increasing, the gold companies generate
    more cash flow, which is mostly directed to development but partially
    is now being directed to dividends. Eg Newmont increased its dividend by 79 %.

    Obviously that makes gold companies even more attractive.
    Bullll poep

  2. #12
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    I really wonder what happened to SSRM today. It went down significantly.

    However the company is doing fine. Both earnings and guidance are good.

    Adjusted net income:
    Q4 2019-------36.6 $ million
    Q4 2018:--------4.4 $ million

    Q4 revenue increased by 71 %

    https://www.kitco.com/news/2020-02-2...ut-prices.html

    The guidance is also good, expecting strong production:

    https://www.theglobeandmail.com/inve...eases/4232962/

  3. #13
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    Here you have a check list for investing in junior exploration companies.
    In my opinion, we should really perform these checks before investing.

    The report focuses on tactics used by executives to attract investor money
    ....and sustain their life style.

    https://www.visualcapitalist.com/com...g-stocks-team/

  4. #14
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    Here you have a list of the global production of metals and minerals:

    https://www.visualcapitalist.com/all...visualization/

  5. #15
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    Gold miners in Australia have record production in 2019: 325 metric tonnes.

    Price of gold in Australian $ is increasing fast.

    https://www.kitco.com/news/2020-03-0...s-in-2019.html

  6. #16
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    That is why you have to invest in gold miners.

    Kirkland Lake Gold:
    ---stock buybacks
    ---increasing dividends
    during the present market crash

    https://www.dollarcollapse.com/high-...y-gold-miners/

  7. #17

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    Quote Originally Posted by oak333 View Post
    That is why you have to invest in gold miners.

    Kirkland Lake Gold:
    ---stock buybacks
    ---increasing dividends
    during the present market crash

    https://www.dollarcollapse.com/high-...y-gold-miners/
    Just sold all miners including WPM, Ag, PAAS, EXK etc.... and kept only cash and CEF which is gold and silver bullion on deposit in Canada.
    Why? Because miners and streamers, although I love them, are stocks and if the mines shut down or are unable to produce product (PM's) they will lose money and the share prices will fall - in theory. WPM and SIL which is a large % of WPM are up because of coming dividend payout. And I just read that the Swiss refiners are shouting down and they are the main buyers from the mines.
    It took me a while to realize this and at some point in the future I will jump back in..

  8. #18
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    Quote Originally Posted by Silvermedicine View Post
    Just sold all miners including WPM, Ag, PAAS, EXK etc.... and kept only cash and CEF which is gold and silver bullion on deposit in Canada.
    Why? Because miners and streamers, although I love them, are stocks and if the mines shut down or are unable to produce product (PM's) they will lose money and the share prices will fall - in theory. WPM and SIL which is a large % of WPM are up because of coming dividend payout. And I just read that the Swiss refiners are shouting down and they are the main buyers from the mines.
    It took me a while to realize this and at some point in the future I will jump back in..

    You better be careful. The miners are down a lot in the past month and could easily move up big time in the next few years. You may not have the chance to get in at such good prices as the present. On the other hand, the mining shares could continue to drop a bit if the overall stock market fares poorly. Good luck - you may need it.

  9. #19

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    Quote Originally Posted by aberdeen View Post
    You better be careful. The miners are down a lot in the past month and could easily move up big time in the next few years. You may not have the chance to get in at such good prices as the present. On the other hand, the mining shares could continue to drop a bit if the overall stock market fares poorly. Good luck - you may need it.
    I appreciate that, but don't think I need luck. I just do not see the risk of miners vs. metal at the moment. As an example, today as I am writing, CEF is up .56% and most miners are down - AG 3.9%, WPM .15% etc. I can wait. When all of this calms down and the mines reopen and are able to ship and the refiners start buying again, I will go back in. If I miss the miner bottom, that's okay. And if paper metal prices fall, CEF will go down much less than miners, allowing me to buy more when the time comes.
    What are you doing? There are not many options. You can be in fiat currency ( in the bank or at home), crypto currency, precious metals, stocks, bonds, real estate, rare cars...???

  10. #20
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    Miners can easily go back to 10 year lows, they are mostly debt slaves and must love the banksters cause banksters is what keeps them alive.


    I'm not buying zilch anymore, GDX $15 might be a start to look around and see what is still alive.
    They sell using the paper price so 2020 will be very very bad for silver miners.

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