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Gold/Mining/Energy : Profitable Gold and Silver Producers -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (68)2/23/2012 8:25:49 PM
From: loantech1 Recommendation  Read Replies (1) | Respond to of 104
 
Claude,

IMO more important than dividends something Jim Sinclair was talking about. Mineable ounces. And I will add mineable ounces that do not need a HUGE capex in case we have another credit crunch.

The top of my list of producers with a huge resource that is paying for expansion out of earnings is ANV.

Of course another doing the same but much much smaller resource is RIC.

What other producers in North America do you like that are in production that have very good ounces vs. market cap and may internally finance expansion?

I also think KGI which I own could be on that list.

tom



To: Claude Cormier who wrote (68)7/29/2012 11:45:11 AM
From: loantech  Read Replies (3) | Respond to of 104
 
Claude and any others that care to comment,

I am interested in producers that may pay a dividend in addition to which producers can continue with self funding and not outside capital or credit or dilution to continue expansion.

HL is a good example of this as their credit binges may be over after funding Greens Creek and they are trying to pay cash for USA and they throw off tons of cash with their operations.

An example of a company I own but may sell is RIC as they need a ton of cash to start up Wasamac.

tyc says maybe LSG is over their borrowing binge and with it's pullback I think it may be fairly valued.

ANV has recently borrowed so maybe their expansion plans are now covered with internal cash flow.

KGI and NGD seem to not need to borrow cash BWDIK.

What other producers in North America do you like that you think may not need to go to the credit trough?

Tom