/biz/ - Business & Finance

bumping, also reminding junior miner investors about patience

>>25291435
Might be the case, yeah. I honestly just assume he's an already rich man who likes playing risky bets with some pocket change millions. He has the patience, I assume, because he doesn't really have anything to worry about in terms of capital.

The thing about time is that time is of the essence with any investment. There are companies all around that go up and down, and ones that stay still. What's the gain in owning a stock that crabs for a year when there are other more lucrative companies that can do big moves in weeks or months? I simply don't think I need to have sustained patience with some of the stocks oldbanker is bullish on, like SSE. I'll reconsider investing when something major like drilling is actually going on, which might still be months away -- and even then I'll invest a small amount due to the risks involved (I don't think they've even done any trenching there? So the risk of not finding anything underground is very high for me).

In the meantime, lots of opportunities elsewhere. I don't mind having to pay a little extra for the small amount of SSE I buy when the time comes due to the gains I will have made with other companies.
>>25291568
>CBI is one of them I believe, which you like if I'm not mistaken, Finland anon
I am humbled that somebody reads my posts in such detail that they recognize me through my writing style only. Yes, I believe that CBI at the moment is a strictly better version of SSE as SSE's appeal lies in Pino. I love the way CBI explores their properties: quick, methodical, efficient. That said I'm not invested in CBI since their projects are at a very early stage, a bit too early for me. TOC (CBI JV partner) is something I might invest in a little since they just completed their drilling at Pilar, targeting a promising possible breccia pipe -- their mcap is only about C$10M.
>I always like reading what he has to say.
He is steadfast and it's hard to dislike him. I've discussed with him a few times, he's alright.

>>24776486
>Looking to consolidate my miners and producers, not really sure what's going on with some of these to be honest
Why have you invested if you don't know anything about your companies anon?

DYODD, look at the pastebin for help on that. Also ask questions if you don't understand something and we'll help you out

>>24303237
Boy can I

>How to invest in mining stocks
https://www.fool.com/investing/2019/10/05/how-to-invest-in-mining-stocks.aspx
>Mine life cycle (plus Lassonde Curve, which I posted in the earlier post which you replied to)
https://undervaluedequity.com/mine-life-cycle-how-accurate-are-the-resources-reported-in-each-project-phase/
>How to interpret drilling results + other crucial information (+ some unnecessary info)
https://www.amscot.com.au/Download/Download?file=Interpretation_of_Resource_Company_Announcements_-_Overview.pdf
>Ore grades:
https://undervaluedequity.com/drilling-results-how-can-you-determine-if-a-mining-companys-drill-results-are-of-low-medium-or-high-grade/
>and
https://www.mining.com/web/making-the-grade-understanding-exploration-results/
>Understanding Mineral Resource and Reserve estimates
https://newpacificmetals.com/mining-101/mineral-estimates-reserves-vs-resources

Ore deposits 101 -- advanced! (Haven't gone through this yet myself, this is something Pan Man checks out every now and then, he recommended it -- it's heavy on the geology side, very technical)
https://www.youtube.com/watch?v=OXqE82UIVVU&t=53s

>>24225749
Once you understand the financial & share price valuation basics, you need to begin to understand the mining industry. You must understand how the industry operates and how to value different mining companies. If you don't understand what separates the good from the bad, you won't be able to make educated investments.

The core things to understand are: What's the life cycle of a mine (see previous image)? How is exploration of a property conducted? What is the difference between greenfield and brownfield exploration? What grades of ore are considered good? How does the tonnage of a deposit matter in relation to the grade of the ore? How to interpret drilling results? How to interpret mineral resource estimates and reserves? What are the main things to look for when researching a Feasibility Study?

I'll leave some links here for you, they'll answer most of these questions. You'll get started amazingly well with them, I know I did. If you've any questions after reading about these, you can always ask over here at /pmg/. Many people me included will be glad to help.

https://www.investopedia.com/articles/basics/12/beginners-guide-mining-stocks.asp
https://undervaluedequity.com/mine-life-cycle-how-accurate-are-the-resources-reported-in-each-project-phase/
https://undervaluedequity.com/mineral-exploration-companies-greenfield-exploration-vs-brownfield-exploration/
https://undervaluedequity.com/drilling-results-how-can-you-determine-if-a-mining-companys-drill-results-are-of-low-medium-or-high-grade/
https://newpacificmetals.com/mining-101/mineral-estimates-reserves-vs-resources
https://www.mining.com/web/making-the-grade-understanding-exploration-results/
https://www.amscot.com.au/Download/Download?file=Interpretation_of_Resource_Company_Announcements_-_Overview.pdf (this one takes a while to load but it's very informative)

P.S. Miners are often volatile, long term holds. You get in and you HODL like your life depended on it, pic related

>>24007292
>Is there an english version of nordnet? I could manually translate it but I don't think I should.
It is also in English but I believe it's only usable for Northern Europeans. Might be wrong though. I'm sure there are other platforms to use that offer TSX shares with a solid fee as opposed to fees per share though (Nordnet doesn't offer AUSX shares at all too)
>I haven't done very much miner research, I was going to start with dd into pan man's most recent suggestions and also Ramelius, aussie gold producer, which I did research on a few years ago and looked promising but obviously I should review that.
Alright it's good that you've a plan. If you need any help analyzing drilling results, mineral resource estimates or the like, or how the industry operates please do ask. I'll gladly help since it's kind of a mess to learn without any directions. Also it's important to analyze the companies' balance sheets so that you don't get into a company that has awful financials. I can help you with that too if you feel like you need help.
>Other than PMs I am interested in uranium and nickel. I was also going to set aside 1-5% for totally speculative stocks, basically gambling.
Not gambling if you know the risks and the potential of the projects! Just measured risk-taking :)