/biz/ - Business & Finance

>>25365422

> I can't buy most juniors on my broker

The smallest small-caps are mostly unavailable, but I recommend looking into Great Panther, Alexco, AUMN. Also read all of Don Durrett's articles on SeekingAlpha; they are the most excellent articles in existence dealing with the small producers, which tend to be on the NYSE.

https://seekingalpha.com/article/4393575-best-silver-mining-stocks

https://seekingalpha.com/article/4389175-top-10-list-for-gold-silver-miners

https://seekingalpha.com/article/4376036-how-to-ride-this-precious-metals-bull-market-to-top

https://seekingalpha.com/article/4367147-silver-miners-shine

https://seekingalpha.com/article/4337241-5-gold-and-silver-mining-stocks-for-2020

https://seekingalpha.com/article/4315151-10-best-silver-mining-stocks-for-2020

>>25365336

LIO is a really good stock, I simply don't buy it because, at that mcap and with no silver, I start to lose interest. Bluestone is the highest mcap I own and I only bought it when I saw those ridiculously high grades recently, for both gold and silver. If BSR had no silver, I'd sell. It's also one of my smallest positions. 90% of my money is still in stocks which still have an mcap under $100 million. Half was in stocks under $20 million until Klondike and Vangold went up.

>>25353369
>>25353473

Get the ETF "SILJ" if you want to be safe. It has all the mid-tier producers like First Majestic, Hecla Mining, and Endeavour Silver. I have seen some people attacking the ETFs lately but they are wrong to do so, the holdings in them are sound, and they will do extremely well for people who either won't or can't choose individual miners. David Brady is playing this silver bull market with SILJ. For a little more leverage, two best small silver producers on Robinhood are Great Panther--trading at 4x cash flow, and Alexco--near-term silver producer with very good exploration potential. AUMN if you want to take more risk. Unfortunately, the truly small silver small caps aren't on Robinhood or the NYSE. My own portfolio is picture related, and I don't think that a single one is listed there.

Don Durrett likes producers, which tend to be listed on the NYSE; I highly recommend his articles:

https://seekingalpha.com/article/4393575-best-silver-mining-stocks

https://seekingalpha.com/article/4389175-top-10-list-for-gold-silver-miners

https://seekingalpha.com/article/4376036-how-to-ride-this-precious-metals-bull-market-to-top

https://seekingalpha.com/article/4367147-silver-miners-shine

https://seekingalpha.com/article/4337241-5-gold-and-silver-mining-stocks-for-2020

https://seekingalpha.com/article/4315151-10-best-silver-mining-stocks-for-2020

>>25294420

First thing you should know is, if you buy GDX, GDXJ, SIL, SILJ, you will make a lot of money from this bull market, and won't be in danger of losing more than (say) one third of it, even if gold and silver don't go up in the end. Junior miners will outperform the ETFs by at least 10x, but the ETFs are going to do very well all the same. For reference, the index of gold miners went up 1700% (18x) from 2001-2011. But junior silver stocks like First Majestic went up 150x. Juniors carry much more risk, but also substantially more reward. I am 100% invested in junior silver mining stocks, but that is only because I am 100% convinced that silver is going to soar soon, and am prepared to lose 100% of my money on the basis of my convictions.

ceo.ca is the best place to learn about mining stocks. You can put in any stock name there, get basic information about it (especially begin with the market cap), read the chat, see what people have to say, investigate whether those people are credible. Also look at what respected investors are invested in to get ideas for stocks like Eric Sprott, Don Durrett, Bob Moriarty. Read or hear what they have to say about their stocks, their reasons for investing. I especially recommend Don Durrett's articles on SeekingAlpha.

My own portfolio is in picture related. I could justify why I own every single one of these stocks; none of it is gambling. It is solely a result of confidence in my research. For example: I know that Tinka Resources has 60 million ounces of silver, 7 billion pounds of zinc, and is only trading at 1% of resources, when 5% is normal. I know that Buenaventura bought 20% of the company in Jan. at 0.24 CAD, while the price now is only 0.22 CAD now, despite the fact that silver up 40% and zinc by a corresponding amount. I know that the zinc deposits in the area are rapidly depleting. And so on. So I don't even need to worry about drills--fundamentals alone are enough for me to invest in this stock.

(1/2)

>>25246360

Buenaventura, the largest zinc-producer in Peru, bought a 20% stake in TK at the start of this year for 0.24 CAD. (Current price is 0.22 CAD despite the 40% increase in silver price, and corresponding increase in zinc.) It is widely thought that TK will sell themselves to Buenaventura. The two competing mines nearby have very little mine-life left.

>>25246415

Yes, these sub-$20 mcap silver explorers look a lot more appealing to me for than stuff like Vizsla or Blackrock Gold, which has already gone up so much. MTB, AZS, also AZT, SSE as a true microcap--for gold, GIS.

>>25246515

If you want to buy large-cap or mid-tier producers, like the ones you mentioned, there are index funds for it. They are GDX and GDXJ, SIL and SILJ. They will do very well in the coming bull market. The microcaps and junior mining companies will enormously better, but their leverage is both to the upside and the downside. If silver goes to $100, they go 100x, but if it crashes, they go to zero. It all depends on your level of tolerance for risk. If you are curious to see the stocks I am invested in, see picture. ceo.ca is the best website for doing research on mining stocks.

>>25246648

You can always put these abbreviations into ceo.ca to get the full names. MTB = Mountain Boy Minerals, SSE = Silver Spruce Resources.