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Mining Stock Education: Precious Metals and Junior Mining Stocks
Jul 14, 2024
Mining Stock Education: Precious Metals and Junior Mining Stocks
Introduction
Host:
Bill Powers
Guest:
Dave Crayler, Fund Manager & Editor of The Mining Stock Journal
Website:
investmentresearchdynamics.com
Precious Metals Outlook
Gold Forecast:
Potential to exceed $2500 by end of the year
Silver Forecast:
Potential to reach mid-30s
Investment Strategy
Preferred Holdings:
Junior development stocks (high potential returns)
Seasonal Factors:
Gold and silver affected by Indian and Chinese buying seasons
Key Factors Influencing Precious Metals Market
Indian Buying Seasons:
Significant during February to mid-May, and post-monsoon (Fall to Holidays)
Chinese Market Influence:
Heavy physical gold buying, increased gold imports
Eastern Hemisphere's Dominance:
Emerging control over gold price setting, reducing Western banks' influence
Countries Repatriating Gold:
Moving reserves from Western central banks back home (e.g., India, Poland)
Market Trends
Eastern Hemisphere:
Increased influence in gold prices due to higher physical gold buying
Western Hemisphere:
Reduced ability to manage gold prices through derivatives
Investment Banks:
Examples like Goldman Sachs predicting high gold prices, influencing market strategies
Investment Picks and Strategy
Call Options
Fortuna Silver Mines:
Call options for short-term gains
Skeena Resources:
Secured financing and undervalued
Silvercorp Metals:
Low-cost producer in China, significant growth prospects
Junior Mining Companies
Calibre Mining:
Operations in Nicaragua and new mines in Canada
B2Gold:
Strong dividend, undervalued relative to peers
Cabral Gold:
Significant upside potential in Brazil, pre-feasibility study ongoing
Paramount Gold:
Developing projects in Oregon and Nevada, awaiting final permits
Angus Gold:
High potential in Canada, near Westdome’s Eagle River Mine
Additional Companies Mentioned
G Mining Ventures:
Adjacent to Cabral Gold's project
US Gold Corp:
Near-term production in Wyoming, low market cap and high growth potential
Lion One Metals:
Potential take-over target by Barrick
Conclusion
Market Overview:
Emphasis on undervalued and growth potential in junior mining stocks
Newsletter:
The Mining Stock Journal - Investment insights and recommendations
Closing Remarks
Host:
Bill Powers
Guest:
Dave Crayler
Website:
investmentresearchdynamics.com
Subscription Rate:
Current rate $20/month, may increase soon
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Full transcript