Allgemeine Sachlage bei Minenaktien

Zitat von Angelfreund

gerade übers Wochenende möchte ich aktuell nicht an der Seitenlinie stehen wollen... eben noch schnell die restlichen Kröten bei SSR "geparkt"...

Na dann doch viel Erfolg!! Wirst schon alles richtig gemacht haben.

Die sind dann futsch.

Alamos habe ich heute noch gekauft.

24.4.
«This Is a Perfect Environment for Gold»
"Fred Hickey, editor of the investment newsletter «The High-Tech Strategist», warns that the stock market is still in a bubble. The veteran investor says why he avoids red hot technology stocks like Amazon and instead bets his money on gold mining companies."

Auszug
....
"Where do you spot opportunities in the gold market for investors today?

Gold miners will be one of the few industries showing growth in earnings, dividends and cash flow. For instance, Newmont Mining has just increased their dividend. For these reasons, momentum investors will be looking at the sector and they already have started to gravitate to gold stocks. That’s why you see the great outperformance of the biggest gold miners. Newmont and Barrick, the ones the institutions, the smart money is flocking to, are up close to 45% year-to-date. What’s more, Newmont happens to be the only gold miner in the S&P 500 which makes the stock more attractive to the institutions.

With that in mind: How are you positioning your portfolio?

Newmont and Barrick are two of my biggest holdings, but I wouldn’t buy those now. I would buy the ones that have lagged. Agnico Eagle Mines is down 2% this year. Yet, the company is one of the best managed miners in the world. They have increased the dividend for six consecutive years, but they had a hiccup in the first quarter. These problems have mostly been fixed. So this stock is going to catch up, I believe. Additionally, of any of the majors, Agnico is the best placed geopolitically. Their mines are in Canada primarily, they have a big mine in Finland and some mines in Mexico, but that’s not a big part of their business.

What else are promising mining stocks?

The smaller miners are the ones that have been hammered the most. The VanEck Vectors Junior Gold Miners ETF is down 3% this year. There is your value. One of these names is Alamos Gold: Most of their mines are in Canada and they have a smaller business in Mexico. Locations are important to me because in a world where debt levels are soaring, chances for expropriation and taxing become much higher. Some countries are going to want to grab these mining assets. We’ve seen that in the past with Indonesia. But that’s not the case in places where you have free markets and the rule of law like Canada, the US and Australia. In the case of Alamos, the stock is extremely cheap, less than book value. The company has no debt and $200 million in cash. Its dividend is small, but it’s increasing it and will continue to do so.

The gold mining industry has gone through some rough years. What about attractive turnaround-stories?

Even smaller and riskier is New Gold: They had struggled with the Rainy River mine in Ontario, Canada. The old management screwed up which caused the stock to sink badly. Now, the company has a new management which has been very successful in the past. They almost started over from scratch and spent a lot of capital to bring Rainy River up to speed. As they ramp the mine up, New Gold will be showing significant production growth. By the end of the year, they think they will be cash flow positive and their capital requirements will be lower. At today’s gold price, they will start generating a lot of cash. At 85 Cents a share, the stock trades only half of book value. So you have a potential growth story at an extremely low valuation. It’s high risk but if this works New Gold will be a huge winner.

And what’s your favorite play in the exploration space?

Osisko Mining. It’s a real junior company that doesn’t have a producing mine yet. As I said, there haven’t been any major discoveries in the gold industry, but Osisko has built up resources in Canada of more than five million ounces with really high grades. The firm has a highly experienced management, and it seems to be an attractive take-over target for a company like Kirkland Lake. Kirkland has a lot of cash, but is being penalized because of concerns about how long their Fosterville mine will deliver high grades. It looks like they really need to fill that gap and they could be a potential buyer of Osisko: They have a program looking for takeovers and they already own a little more than 13% of Osikso."

@Caldera, danke dir für die Bewertung.
Neben Barrick beim Gold bin ich seit langem für Silber ein absoluter Hecla-Fan!
Nach verschiedenen, tw. selbst gemachten, Schwächephasen hat Hecla seine Schularbeiten gemacht.
Das Vermögen hält sich zwar im Rahmen, aber dafür hat Hecla, wie du absolut richtig schreibst, sehr erfolgsversprechende Minen gekauft.
Wie jede adere Silbermine lebt auch Hecla von der Entwicklung des Silberpreises. Wie wir wissen, ist der die letzten Jahre nicht so gut gelaufen und das Gold/Silber-Ratio ist geschichtlich auf einem Höchstpunkt.
Sollte Silber anspringen, wird Hecla überdimensional gewinnen. Diese alte Mine hat es immer noch in sich.
Ich bin investiert, zu einem frühen Zeitpunkt eingestiegen, habe Zeit und traue Hecla mehrere 100% zu!
Ich habe über viele Jahre mit Hecla immer wieder meinen Schnitt gemacht. Das wird auch diesmal so sein.
Hecla ist eine Sache von "Einstellung". Darüber kann man kaum diskutieren. Entweder man mag Hecla oder man läßt die Finger davon!