Apr 11
25
Abacus Mining and Exploration Corp. – It’s in one of those relative quiet periods as it moves from exploration and early development to advance stage development and production.
Alderon Resources – A $2.20 private placement came free trading last week and I suspect recent share pressure is partly due to sellers of this pp. The “son of Consolidation Thompson” is a legitimate takeover target and I’m hard pressed to find reason it can’t make a new, all-time high this quarter barring a significant stock market sell-off and/or some unforeseen significant setback.
Cap-Ex Ventures Ltd – It has done a great job of acquiring and developing projects and now needs to have good initial drill results to support potential significantly higher share price.
Crocodile Gold – We’re from Missouri in that CRK needs to prove it finally has its act together.
Crosshair Explorations – It has given back much of its gains (of which I personally saw a 7 figure gain evaporate) mostly due to the Japanese nuclear troubles. While school is still out if this was just a big bump in the road or a game changer, the shares price under $1 is pretty compelling barring a complete reversal on the growth of uranium needs worldwide.
Curis Resources – I’m very pleased on my two “Arizona” copper plays of which CUV is one. The real hidden value is the strong belief that they can have much better copper recoveries and that can translate into significantly higher shareholder value.
Donner Metals – Management remains quite confident it’s going to be able to do its part in bring their key asset into production. Stay tuned.
Donnybrook Energy – I happily bow to Keith Schaefer as a far more astute oil and gas expert than I and greatly value his opinion.
Excelsior Mining – It’s my “other” Arizona copper play and while it clearly started much later, I’m very confident it can show the market it has sprinted well clear of the starting gate and has made enormous strides. Stay tuned.
Formation Metals – If one believes it’s now only a question of when, not if they producer cobalt, a dollar and change share price offers lots of upside potential.
Garibaldi Resources – Awaiting drill results. Fingers and toes crossed.
Heatherdale Resources – It’s been frustrating because on the corporate side of things, I don’t think one could have asked for too much more. Unfortunately, the share price doesn’t reflect the drill success in my biased opinion. Continuing success can hopefully rectify this. Management is supposedly greatly increasing their investor relations efforts.
Lithium One – I don’t think one could have asked for much more up until now and the recent addition of a new CEO smells like the company is shaping itself up as a potential takeover target. As noted recently, the share price was overbought and has consolidated nicely. $2+ looks quite doable in the not-too-distant future.
Northern Dynasty Minerals – The environmentalists have done a good job in that they have spooked a fair amount in the investment community to the point that the share price doesn’t trade close IMHO to where it should be given where the company stands on the development of its partnered main asset. Management has telegraphed its desire to sell its interest and yours truly would be delighted if it was tomorrow (but such a Christmas present may need to wait until at least closer to Christmas).
Oromin Explorations – Significant news is due out soon and I remain very confident it should be quite good since we just continue to have one good set of drill results after another.
Rathdowney Resources – Look for lots of news flow as the company drills key projects in Ireland and Poland. Here too HD is supposedly doing large scale promotions for the foreseeable future.
Ridgemont Iron Ore – It has had very little promotion up until now but that’s set to change. Iron ore has lots of good things happening to it at the moment and the outlook remains strong.
Rodinia Lithium – It too has done mostly good things on the corporate side of things but its share price has lagged. It’s logical to assume if they keep that up it must end up being reflected in a much better share price.
Silver Quest Resources – It’s doing quite well on several fronts but none more important than its Davidson property. I’m at a lost to find any legitimate reason why the share price shouldn’t hit a new, all-time high this year and then some; but in juniors nothing is certain except gray hairs.
Spanish Mountain Gold – Management seems to be doing all the right things and given what’s happening in the area they work, it’s not unreasonable to suggest they can be a takeover target.
Taseko Mines – Kicking butt and taking names (quote from the movie Wall Street). Steady as she goes.
Timmins Gold – There’s some understandable frustration from after the fact players who now say the attempted takeover of a competitor didn’t allow Timmins share price to appreciate properly. Any such drag should all but disappear and what one has is a compelling growing producer with all sorts of exploration and development upside potential. TMM is clearly one of the most undervalued clients of mine.
Nevsun Resources – I was told from a reliable source who just visited their Bisha project that NSU is producing around 1,000 ounces a day. Payback of the mine is less than 2 years. It just seems like a strong hold with $10+ as a target.
Barrick Gold and Goldcorp – Just two majors I feel are core holdings with $2,000+ gold as an ultimate target.
Great Basin Gold – This stock causes bald spots from all the scratching of one’s head wondering why this share prices isn’t much higher. I guess one keeps scratching and buying under $2.75
