648 days ago
Money manager Peter Grandich has a message that our own Nigel Somerville will be delighted to hear. Peter discusses the potential for this gold bull market and why it’s likely extraordinary. He says that Central Banks are buying at record levels, and many of those buying are doing it for safety reasons. He says that you should not bet against the Fed and don’t bet against central banks when it comes to gold and hence mining shares have yet to reflect what is happening, and are, arguably, as cheap as they can get regarding the price of gold.
3266 days ago
And now for the Van Goddess. My friend Amanda Van Dyke explains how to make money from mining shares. By going short? Only kidding. Over to Amanda.
3322 days ago
Investment Case: As noted last month with Berkeley Energy, it is not a surprise to see eye-watering share price declines over previous years for stocks with sector: “Mining”. Shares in *Petropavlovsk plc, formerly Peter Hambro Mining, (POG) have particularly suffered – they down from more than 400p at the commencement of 2011 and more than 100p at the commencement of 2013 to a current 6.47p offer price – amidst a combination of sector-wide and company-specific challenges, the latter including a vast debt pile. However, a recent refinancing and refocusing – with production now being optimised from a cash generation point of view – now offer the promise of a decent recovery from current levels and the shares are a buy…the target price to sell is 19p within three years.
3418 days ago
Among the speakers at Zak Mir's event at Free Speech & Liberty Pizza last night (13 July 2015) was the mining guru Amanda Van Skye discussing mining shares. Her conversation with the Sith Lord was recorded on video and can be seen below. To ensure you get priority free booking for Zak's future events register HERE
Amanda is one of 7 writers to have tipped a gold stock to buy in our latest book which you can order for free HERE
3546 days ago
As a Sunday entrée we bring you rules 37-39 of the 49 Golden Rules of Making Money from Oil, Gas & Mining Shares, a book published just under a year ago by myself and Ben Turney. To get a free copy of the entire book mailed to you today just fill in the form HERE
Thirty seven: Don’t rely on CPR estimates among juniors
3561 days ago
Ben Turney and I published this book last year and it is not a bad read for anyone considering investing in resource stocks. If you would like a free copy just fill in the form HERE. As a taster:
Rule 40: Charts can lie, especially among juniors
4295 days ago
A new location – I hope that the sound and picture are okay. I think I have got it nailed. Anyhow here it is.
On the Agenda
1. The poverty of quality oil stocks in London
2. Ditto mining sshares
3. Why the AIM system is bust
4. How it can be reformed
5. Searching out quality investments in the UK
6. New tips from myself and Steve Moore on Nifty Fifty.
7. The failures of Call Me Dave
4439 days ago
AIM listed Vatukoula Gold Mines (VGM) is not a tip that has covered me in glory. Yet. I tipped it at 46.5p in November 2008 and although it zoomed ahead thereafter, the shares now trade at 41p valuing it at £40 million. All gold juniors have taken a hammering in the past 18 months but Vatukoula has also failed to hit production targets and so has taken a stock specific hammering as well. But it has cash, is profitable and the current valuation is just crazy. This is a stock that could well double within a year and still be cheap. And this is why.
4441 days ago
Like all gold juniors Ortac Resources (OTC) has had a fairly miserable year in share price terms. But that does not reflect what has happened on the ground. I tipped this stock at 0.775p in September 2010 and at 0.605p today the company is valued at just £14 million. For reasons I shall explain below that presents an attractive entry point on a risk reward basis.
4448 days ago
Like me Ben Bernanke is always blowing bubbles. It is just that he does not realise that they eventually fade and die. Recorded before today’s rather dull nil nil draw at Norwich (only highlight: Nolan not booked) the weekly video is back.
Recorded in the back garden of my father & step mother’s house, forgive the relaxed attire. Step mother Helen is very kindly doing a wash.
4464 days ago
I see that twitter has delayed its planned IPO. Well there is a surprise. After the debacle of the Facebook (FB) flotation I cannot think that investor appetite for new media stock is exactly enormous. My other reason for showing lack of surprise is that I think that Twitter really does not wish to undergo the sort of metrics scrutiny of its user base that Facebook has suffered.
For what it is worth
4537 days ago
An amazing statement from Aquarius Platinum (AQP) this morning. Having mothballed its Marikana mine 10 days ago, it is now mothballing Everest. It says that it will keep one mine (Kroondal) and its small tailings operations open to maximise near term cashflow. What it says about the Platinum market is gob-smacking.
