Beiträge von Jones

https://seekingalpha.com/amp/a…4236489-wise-move-iamgold

Zitat von Soma Bull

A Wise Move By Iamgold

Summary

• IAMGOLD released disappointing 2019 guidance earlier this month as the company is still struggling to ramp up its Westwood mine in Canada.
• There are many positives about IAMGOLD that help to offset some of the negatives, the main one being its war chest of cash.
• It was concerning to see IAMGOLD include Côté in its development pipeline because moving forward with the low-grade, high capex project wouldn't be a wise decision.
• IAMGOLD just announced that it's not going to proceed with construction of Côté.
• IAMGOLD could become an acquisition target.

...

IAMGOLD's production and AISC are going backwards instead of forwards, as the company missed 2019 output guidance by a mile mostly due to continued issues at Westwood. The last thing that IAMGOLD needs to do is use its war chest of cash on a low-grade, high capex project like Côté. It was a wise decision by the company to defer the project. It's possible that IAG gets gobbled up in this wave of consolidation in the gold mining sector, but the company might be looking to acquire a strategic asset instead. Few miners in the sector have the same financial flexibility as IAG, that's a massive advantage. I want to see the company press that advantage. That could start to tip the scales and get me off the sidelines.

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https://seekingalpha.com/amp/a…old-silver-producers-2019

Zitat von Don Durrett

10 More Gold And Silver Producers For 2019

Summary
All have large resources and solid production numbers.
All are highly leveraged to higher gold/silver prices.
All are in good locations and have quality management teams.
All have good balance sheets and cost structures.
In my previous article, I listed 15 gold and silver producers. These were the stocks that I thought would perform the best in a rising gold/silver price environment. It was inevitable that I would leave out some stocks that deserved to be included.
This article adds 10 more gold and silver producers, although with a bit different criteria:

• Solid producing properties in good locations.
• Good balance sheets and costs structures.
• Quality management teams.
• Significant upside potential.
• The likelihood to perform well if gold and silver prices rise.

This list has lower risk than the list in my previous article and lower overall upside potential. These companies also have better balance sheets and cost structures...
...
Conclusion
Which stocks on this list would I buy first? Or, how would I rank them? That's probably a question you have. Below is my ranking.
The two stocks on this list that are most attractive to me are Guyana Goldfields and Premier Gold Mines. Both of these stocks could have been on the previous list. The other stocks are pricey if you are looking for large gains. However, if you are looking for stocks that are going to double or triple in value, then any of these accomplish that goal.
Here is my ranking:

1. Guyana Goldfields
2. Premier Gold Mines
3. Hochschild Mining
4. Fortuna Silver
5. Alamos Gold
6. Endeavour Mining
7. Detour Gold
8. Wesdome Gold Mines
9. Dundee Precious Metals
10. Semafo Inc.

Other than Guyana Goldfields and Premier Gold Mines, all of these stocks have similar upside potential based on future cash flow potential versus their current market cap. Similar stocks are almost impossible to predict which management teams are going to execute the best. For this reason, I usually just buy them all, unless they have a red flag that I am not comfortable with.
Learning how to spot the red flags is what makes you a good investor. The main red flags that get my attention are location, management, limited upside potential, high costs, poor balance sheet, and a short mine life.
As a reminder, I never have more than 3% of my cost-basis allocated to a single stock and prefer to keep it at 1% or lower. For the stocks on this list, which I consider quality stocks, I am comfortable with 1% allocation.

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https://m.canadianinsider.com/…etback-westhaven-ventures

https://m.canadianinsider.com/…HN+%7C+Westhaven+Ventures

Hier der Link zum neuesten Artikel von Brian Fletcher. Kann man mal lesen, aber es irritiert mich, dass er seine gemäß Hurst-Zyklen vorhergesagten Tiefpunkte für die Minen-ETFs und den POG in jedem neuen Artikel zeitlich weiter nach hinten schiebt...

https://seekingalpha.com/artic…iners-metals-patience-key

https://seekingalpha.com/artic…mance-review-2019-outlook

Zitat von Aitezaz Khan

Conclusion

In the preceding discussion, we have seen that even though AG had posted a strong FY 2018 in terms of production, however, due to disturbed silver prices, such performance could not effectively reflect on the company's share price. AG has an even better outlook for FY 2019 in terms of increased output from its low-cost mines (and lower output from the high-cost mines), and if only we could see some support from silver prices, we may expect AG's prices to regain momentum.
Moreover, an analysis of silver demand-and-supply numbers indicates that silver supply is in deficit. However, the Y/Y deficit has decreased during the past years. Nevertheless, a transformation in the EV industry would uplift the demand for silver and that should help maintain a sustained increase in silver prices. For a company like AG, this would mean a significant upside in the stock price. However, in order to bear fruit, there should be some patience on part of the investors.

https://seekingalpha.com/amp/a…old-still-takeover-target

Zitat von Taylor Dart

Summary
Marathon Gold continues to grow its deposit and has seen its global gold resource nearly double since Q1 2017.
The company has exceptional gold grades compared to other open-pit deposits, and attractive project economics based on the Q4 2018 PEA.
While the fundamentals for the stock continue to improve, the technical picture still needs some work.
...
In summary, Marathon Gold continues to rank in the top 3 juniors I'm watching which are prospective and high-probability takeover targets. While the technicals could still use some work to confirm the stock has started a new intermediate uptrend, the fundamentals are the best they've been since I started following the company. While I am not long the stock yet nor do I have any position, I continue to watch the stock to see if the fundamentals will line up with the technicals so I can start a new position. The current valuation remains attractive based on the resource base that the Marathon team has delineated at Valentine Lake, and ultimately I see the stock as a winner long-term. I may sound like a broken record, but due to my stringent trading rules I do not hold the stock, but my fundamental thesis that it's the best junior in the junior miner universe has not changed since my past articles.

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Hatte fast nicht mehr dran geglaubt diesen Zug nochmal einzuholen, aber nun bin ich doch vorgestern und gestern noch reingekommen. Wie fast immer - trotz zweifachem Kauf - erstmal nur ne kleine Position. Hoffentlich wird in absehbarer Zukunft eine große daraus! An dieser Stelle herzlichen Dank an @Edel Man für die vielen informativen Beiträge zu aussichtsreichen Explorern, die er mit all seiner Erfahrung meist zielsicher richtig für das eigene Depot auswählt und die entsprechenden Infos hier mit uns teilt.

Gruß, Jones

Zitat von Peter Arendas

Conclusion
Leagold Mining is a very interesting mining company. It should produce around 400,000 toz gold at an AISC around $945/toz this year. It owns two expansion projects with great economics and relatively low CAPEX that can boost the production by more than 250,000 toz gold in less than 3 years. Leagold's main issue is related to the financing of the growth projects. At the current gold price, the internal cash flow won't be sufficient to finance the Los Filos expansion.
Moreover, the debt repayments start this quarter and a loan facility of $100 million matures in Q4. Leagold will have to refinance its debt. If it is able to secure a good deal, the debt may be refinanced and Los Filos may be developed by the end of next year, using only internal cash flow and debt. But even if Leagold is able to refinance only its outstanding debt, without securing further debt to finance the Los Filos expansion, the share dilution shouldn't exceed 20%.
After the financing question is resolved, Leagold's share price should return above the $2 level pretty quickly. If the current gold price prevails, I can see it reaching the $3 level by the end of 2020 (when the Los Filos expansion should be completed) and approaching the $4 level in 2021 (assuming that Santa Luz is restarted).

https://seekingalpha.com/amp/a…imed-record-breaking-year

Richtig gute Bohrergebnisse, aber die Aktienkurse von IDM und Ascot sind völlig unbeeindruckt.

http://www.idmmining.com/news/index.php?content_id=392

Zitat von Gold Panda

Summary

The merger between Newmont Mining and Goldcorp has raised concerns about the funding of several juniors, the most affected of which could be Continental Gold.
Continental Gold revealed that the initial capex for its Buritica project will be increased by over $100 million, which means that the company will need to secure funding soon.
An equity raise seems tricky, considering that Continental’s share price has been in free fall since September when three geologists of the company were shot dead.

https://seekingalpha.com/amp/a…derailed-continental-gold

Zitat von vatapitta

Moin moin,

wenn eine Aktie so stark fällt, obwohl es ständig gute Nachrichten gibt, dann kann etwas anderes dahinter stecken....

A propos gute Nachrichten...

https://www.continentalgold.co…uritica-project-colombia/

Zitat von Real de Catorce

Der Kurs ist aufgrund dieser Meldung natürlich durch die Decke gegangen.Hier ein informativer Artikel auf seeking-alpha:
RNC Minerals: auch ein blindes Eichhörnchen findet manchmal eine Nuß

Die folgende Bemerkung kann der Autor sich natürlich nicht verkneifen.

saludos

Da RNC Minerals noch keinen eigenen Faden hat...

http://www.rncminerals.com/201…se-Gold-at-Western-Flanks

Die Insider stimmen @nicco zu.

https://m.canadianinsider.com/node/7?menu_tickersearch=Cnl

https://www.leagold.com/news/2…-gold-reserves-to-71-moz-

Zitat von Caldera

... Die genaue POG-Voraussage spielt eine untergeordnete Rolle...

Danke!

... Es sei denn, man möchte seine Minenaktien nicht zwischenzeitlich verkaufen, sondern über einen Put auf Gold absichern...

Zitat von Caldera

Auch J.R.B. sieht erstmal eine weitere Konsolidierung für notwendig :
( Ich verfolge einen etwas anderen Fahrplan , aber auch mit einer notwendigen Korrektur)
https://thedailygold.com/gold-stocks-remain-in-a-downtrend/
Caldera

Mich würde interessieren wie Dein Fahrplan so grob aussieht... Oder vielleicht kannst Du zumindest sagen, ob dieser ähnlich zur Einschätzung eines anderen bekannten Schreibers aussieht (z.B. Gilburt, Hopf, ...)?

Gruß, Jones

Zitat von BARRACUDA 66

...
Man sollte aber Neulingen hier nicht verheimlichen, dass Iamgold schon mal eine Kapitalerhöhung durchgeführt hat. Also ein Cashposition zu Lasten der Altaktionäre. [Blockierte Grafik: http://www.goldseiten-forum.com/wcf/images/smilies/w00t.png] 
iamgold.com/English/investors/…al-Financing/default.aspx

Und dieser Forward Deal ist im Grunde auch nichts Anderes.
...

Zumindest diesem Teil stimme ich nicht zu, denn es ist m.E. schon etwas anderes, ob man einen Kredit aufnimmt, den man in Gold zurückbezahlt (unabhängig vom Kurs entsteht dem Aktionär nur ein Nachteil aufgrund der Zinsen, sofern der POG bis 2022 nicht über 1500 USD steht) oder ob man den Aktionären mittels Kapitalerhöhung einen Anteil ihres Eigentums am Unternehmen wegnimmt.

Gruß, Jones

Lesenswerte Einschätzung von Avi Gilburt zur aktuellen Ausgangslage bei den Edelmetallen für alle EW-Interessierten.

https://www.kitco.com/commenta…etals-To-Get-Whacked.html

Zitat von vatapitta

...
Iamgold erhält Ende 2019 einen Kredit von 170 Mio. US$ auf eine zukünftige Goldlieferung im Jahre 2022 von 150.000 oz Gold. Grundlage des Geschäftes war der aktuelle Goldpreis von ca. 1300 $. Die Kredit gebenden Banken erhalten keine Kompensation falls der Goldpreis 2022 unter 1300 $ liegt. Iamgold erhält bis zu einem Goldpreis von 1500 $ (aber nicht darüber hinaus) einen Ausgleich zur Basis von 1300 $, also maximal 200 $/Unze.

Das Timing war gut gewählt nach einem kräftigen Anstieg und vermutlich vor einer Konsolidierung des Goldpreises. Den Verkauf finde ich sinnvoller als eine Kapitalerhöhung. IMG hat jetzt Planungssicherheit, was die notwenigen Investitionen angeht. Also ein kluges Vorgehen des Managements. Die Reaktion des Marktes finde ich maßlos übertrieben, aber nicht überraschend.
...

Danke @vatapitta!

Ich sehe das exakt genauso, 100 %ige Zustimmung!

Gruß, Jones

Goldplay Exploration ist ein relativ neuer Silber Explorer mit m.E. großem Potential. Hintergrundinfos findet ihr im verlinkten Artikel sowie im Fact Sheet und der Präsentation, direkt auf der Homepage.

http://rohstoffbrief.com/2019/…p-unter-den-silberaktien/

http://goldplayexploration.com

@Edel Man: Was sagt Dein guter Riecher hierzu?

Bin bislang nur mit einer sehr kleinen Position dabei.

Gruß, Jones

Name und Kürzel geändert
Edel