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Strategies & Market Trends : The Aristocrats (tm) -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (4420)	2/2/2024 7:39:34 PM
From: sense	Read Replies (1) \| Respond to of 5610

Agree on HL, MAG and CXBMF I like all three more after their recent acquisitions... Hecla now owns Alexco and its and Keno Hill property. I'd lost track of it, but the last time I remember looking at it, it was when... I forget the name of the company... its the silver focused explorer in Newfoundland. They were touting the nature of what they were finding as geologically "like Keno Hill"... which had me go an look at Keno Hill, again... and then pointing out that in making the comparison... Alexco was a screaming buy. Why look at something that is a potential "like" Keno Hill... when you can buy Keno Hill for less ? Lost track of it after that... and had missed that HL bought it until recently... MAG I noted here recently... as having established a position on trend with Kirkland Lake / Agnico Eagle's Macassa, etc., which I judge a high quality use of the $ they're pulling out of their partnership with Mexico's Fresnillo... and which puts them at the other end of the "center" on trend held down by Orecap. I expect that makes it more likely that MAG will become an Agnico acquisition at some point... And, MAG is back down to $9 now... back where it was while Fresnillo struggled to get production established ? How crazy is that ? Calibre's acquistion of Marathon is interesting... making them one of the few producers who holds ground in Newfoundland... putting them in position to leverage the facilities they have there as much as the resources they have... which "shortcut" appears it is going to be a major driver enabling "success" in Newfoundland. As NFGC sputters in its efforts advancing the region... Calibre is positioning to be able to leverage Valentine into a capacity that could allow them to co-opt others positioning to control properties others have staked out.