/biz/ - Business & Finance

>>25206397

>banned from cnbc

Do you consider being censored by the mainstream media a sign that somebody is on the right side, or the wrong side? Because I consider it a sign that they are on the right side. Imagine an NPC attacking a dissident doctor who is against the Pfizer vaccine, by saying that "he's been banned on CNN." That's what you sound like right now.

>>tiny scam miner

Hahaha yes of course. We study companies, understand financials, management, ounces in the ground, invest on the basis of value, those are scams. But a pumped banker plaything which is worthless, not merely intrinsically, but even as a currency, is an intelligent investment.

>while 50 others went to 0 the next year,

Look at my list of small caps from June, investigate it. Almost every one of these stocks is up enormously. Aurcana for example, up 300%. Not a lot of "going to zero" when you take a rudimentary bit of effort to understand fundamentals. List doesn't include stuff which I introduced here later in the year, like Klondike Silver and Vangold when they were at the bottom. ceo.ca makes it very easy to do research and avoid scams. The good mining stocks are widely known.

>>25206390

Funny, I was the one who used to bring up that stock on /biz/ (can see it here in my outdated list of small caps). I only sold it because I decided to go almost entirely into silver, but am glad to see that it has continued to do so well.

>>24102747

Actually, almost 100% of my wealth is in junior silver mining stocks, and I was telling /biz/ to buy stocks like Dolly Varden, Callinex, Vizsla Resources, Aurcana, during the earlier half of this year, before they went up 5x. More recently I told people to buy Fireweed Zinc and Vangold, and people who listened to me doubled their money even at a time when almost all other junior mining stocks are sinking.

>>23844896

My mining stocks (which I have been sharing with /biz/ all year) have vastly outperformed BTC, and made returns of 5-10x since March. They will continue to outperform BTC. In the 60s silver bull market, the average silver penny stock went up, on average, a hundred and fifty times. BTC is never going to anything like that,--it will be a miracle if it even doubles from here,--and, again, this is another reason why it will have a cap on its price, because there are such better opportunities to be had elsewhere. At a certain point people will sell, exit the ponzi scheme, and invest their money in a better investment. Then the momentum runs out and the whole thing collapses.

>>23838663

I recommended people to buy AUN many months ago (see in the list in this old picture for an example). However, I don't recommend many of the stocks in this picture any more. That's because I revise my point of view as I gain more information about better stocks, or as a stock starts to look too overvalued to me. I haven't recommended Vizsla Resources, for example, since it went up 5x, because it is comparatively overvalued now. In May the $60 million mcap of AUN was such a joke for a 30-million-ounce resource that you couldn't go wrong by buying it. At a $260 million mcap it's a much more tentative proposition. They have silver in the ground, so they will thrive in a silver bull market, like any silver stock, but much of the mcap comes from the idea of pricing in production. What happens if production goes wrong? And why should I trust the management to deliver production when they have harmed their shareholders in the past? Alexco is also near to production, and their mcap is still under $500 million, so not even double that of Aurcana, but it has one of the best management teams in the business as well as some of the best exploration potential. Or again, as mentioned before, CCW, has 8 million proven ounces at 250 _ounces_ per ton, as against the 700 gpt grade of AUN; but CCW only has one fifth the mcap of AUN. So AUN is simply starting to look a lot less attractive at this point when compared to other silver stocks. It's not a bad buy though, I simply don't think that people should be obsessed with a single stock. Somebody was asking for advice in one of these threads once who had literally no mining stocks, and somebody was incessantly shilling AUN to him as a must-buy. I always tell beginners to buy the ETFs.

>>23838663

I recommended people to buy AUN many months ago (see in the list on this old picture for an example). However, I don't recommend many of the stocks on this picture any more. That's because I revise my point of view as I gain more information about better stocks, or as a stock starts to look too overvalued to me. I haven't recommended Vizsla Resources, for example, since it went up 5x, because it is comparatively overvalued now. In March the $60 million mcap of AUN was such a joke for a 30-million-ounce resource that you couldn't go wrong by buying it. At a $260 million mcap it's a much more tentative proposition. They have silver in the ground, so they will thrive in a silver bull market, like any silver stock, but much of the mcap comes from the idea of pricing in production. What happens if production goes wrong? And why should I trust the management to deliver production when they have harmed their shareholders in the past? Alexco is also near to production, and their mcap is still under $500 million, so not even double that of Aurcana, but it has one of the best management teams in the business as well as some of the best exploration potential. Or again, as mentioned before, CCW, has 8 million proven ounces at 250 _ounces_ per ton, as against the 700 gpt grade of AUN; but CCW only has one fifth the mcap of AUN. So AUN is simply starting to look a lot less attractive at this point when compared to other silver stocks. It's not a bad buy though, I simply don't think that people should be obsessed with a single stock. Somebody was asking for advice in one of these threads once who had literally no mining stocks, and somebody was incessantly shilling AUN to him as a must-buy. I always tell beginners to buy the ETFs.