Marcos, I really don't have any stocks right now that stand out in my mind. GGC looks real good though.
I approach this "game" in a different manner. When I saw the move last year I paid little attention to any particular stocks. I was almost single mindedly looking for leverage (wts).
As luck would have it I had had one of my top years last year and had some money to gamble with. I seached all the companies with wts (stock options) and then whittled them down to the best companies and wts in terms of quality, time and leverage.
I came up with 6: SLW (all three wts reg, A's and B's), HBM wts, K wts and BWR wts. I dumped almost all my money into those wts looking for them to ride the metals wave up.
That was pretty much a high probability play. Only the metals prices had to rise. The stocks were sort of immaterial.
But once they started to plateau I sold them and moved into the types of stocks Charters was talking about today and the ones I listed.
Now probability became the name of the game. All of the stocks I listed have four things in common. They have ore and they are drilling big time, they are in good mineralized districts; and they are mostly MOVERS! and some are small producers.
Then if any of them take off I sell again and move down and pick up undervalued juniors that have not moved. As an example I sold all of my ECU at about $3 where it has been consolidating for a long time. And I know ECU could go to $20.
But look at the value out there still: RDV .35, AUA $1.31 and CCM .65. All three of these mines in BC are within 200 miles of each other; and all three have hundreds of millions of established 43-101 ore and most likely billions of dollars ultimately and all three are doing massive drilling in the 7th largest mineralized area of the world.
RDV and CCM are doing 20,000 meters each and AUA is looking to go into production. Yet RDV and CCM are right on the bottom and AUA is undervalued. RDV and CCM have not moved an inch despite the huge rise in metals.
And these guys are at the bottom of my list-lol. Stocks like EXN, PPG, MAI, UC, GGC etc are better yet.
So if I hold 10 or 15 of these stocks most of them will rise with the metals anyway because they are movers, but because of the massive drilling odds are one or two of them will be another ARU. And as they are cheap I have a ton of them.
PS that was also the nice thing about wts like HBM .05 or SLW wts .35. HBM's strike was only $3.50 so when I bought at .05 I could pretty safely buy 100,000's of them.
So to use a Chartarian concept they were like buying a penny stock, but having the confidence of a major. That is an important concept.
The first part was easy, now it gets tricky.
PS when I use to play the ponies one thing became clear to me I did not have enough information I could rely on to beat them. I feel the same thing about the juniors. I just cannot be sure of any particular one, so I use a basket.
Cheers, |
