Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: LukasSavickas who wrote (58826)	1/2/2017 4:03:09 PM
From: Graham Osborn	Respond to of 78748

Speaking of businesses with some degree of Ponziness :) I looked at one yesterday, DNG.TO. They own properties in Peru, which is about all I need to say for most on this thread. If you are interested there is a good thread over on COBAF summing up the pros and cons: cornerofberkshireandfairfax.ca I won't be investing. And pretty much all the other miners I find uninteresting, primarily due to the economic realities of their industry.

To: LukasSavickas who wrote (58826)	1/2/2017 5:07:55 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78748

ABX. I'm a buyer for a few shares of this gold producer. I like that new management has come in and is reducing long-term debt with a view to eliminating it. Company is selling off "non core" assets to do this. ABX producing costs and all-in costs seem to be relatively low (so I read); otoh, gold prices keep falling and if interest rates rise, production costs increase (I presume), and those higher interest rates become more attractive for savers over holding gold/gold stocks (I also presume). If there's international turmoil as a result of the new US president and his administration's policies, gold could quickly come back in favor (maybe) and gold stocks could surge (possibly - or not).

To: LukasSavickas who wrote (58826)	1/3/2017 8:51:58 AM
From: Micah Lance	Respond to of 78748

FWIW, I like miners a lot. I like gold/silver a lot right now and have for a while. It's probably better to discuss commodities on another board, but I think there are quite a few bullish scenarios for gold/silver. I like PAAS and GG. PAAS is the second largest silver miner out there and has more current assets than liabilities so as silver goes up they will have better ability to generate high free cash flow. They also have great management. GG is one of the senior gold miners and has good management as well. Before gold started moving higher, GG started reasonable plans to reduce debt and increase operational efficiency. I also like EXK and EGO, they are junior miners and more speculative plays on gold/silver.