Hi loan,
No. I have the highest respect for Claude, and subscribe to his news letter, but I have a different style and follow different stocks than he.
As I learn more about his picks I am sure I will buy some of his suggestions.
I think we are in a paradigm shift in metals and feel there are many opportunities in base metals and in leverage opportunities. BWR wts for instance, have almost doubled since I started posting here as the ratio has dropped from 3 to 1 to close to two to one. I was pretty sure the 3 to 1 ratio was undervaluing the wts.
Certain other junior stocks, with deposits in hand seem ripe for takeovers, or run ups. We are also seeing one stock pop after another WITH NO WARNING. Therefore one cannot really plan ahead, but needs to react when they see unuaual movement. Like FCO.
Many of the stocks I follow I have done so for years and so know them pretty well.
Last, a big old bull market like this, coming out of a 25 year bear market is a once in a lifetime chance to buy known deposts for pennies on the dollar. I usually do not buy pure exploration stocks during an initial run up. I buy the exploration stocks AFTER the companies with deposits are fully valued (becasue they can be quatified to some degree based on their reserves), and few of them are at this point. The metals stocks have really lagged the metals themselves. Especially the juniors.
As I have mentioned there are many companies with hundreds of millions of dollars of known ore selling for a 10th or 20th of their real value.
These are some of the stocks I own in that category: FAN, (once $18) FCO, BWR, QTA, RDV, CCM, EXN, MAI, and ones I like: YZC, CZZ,CDU, EET, AUA, UNB, PAL, CZN, (maybe-lol),TUM, AQI, MUM,PFN. LBE (maybe-lol), CML (maybe).
I also like the quality juniros because it is so much easier for a .30 stock ot double than a $7 stock.
Etc. Since you asked-lol. |
