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rigger

Which are the most geo politically safe miners to buy?

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http://www.reuters.com/finance/stocks/analystResearch?symbol=NG

 

'NovaGold Resources Inc. (NovaGold) is a precious metals company engaged in the exploration and development of mineral properties in North America. The Company has a portfolio of mineral properties located in Alaska, the United States and British Columbia,'

 

 

I know it's one consideration of many,but I'll be adding to the list gradually.

 

Parameters?I'm thinking.

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Very high capex - and may need $2,000+ Gold price to get built

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$2.19

 

$2 might hold if one wants to sit on it for a few years, and they aren't the impatient kind of person. Maybe stick a stop under that area. It did drop lower than $2 in 2009 so nothing is certain. I'd become bullish and be an avid buyer if it clears $10 in the next three months. But a catalyst needs to trigger in the gold market for that to happen.

 

Perhaps we need to revisit a commodity investing legend - I remember Jim Rogers about giving advice on investing in miners, the concern with geo-politics in these early podcasts;

 

Jim Rogers Part 1 2007

http://commoditywatch.podbean.com/2007/03/15/jim-rogers-part-1/

 

Jim Rogers Part 2 2007

http://commoditywatch.podbean.com/2007/03/15/jim-rogers-part-ii/

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My list of safer miners: ANV, HL, AUQ, AEM, Osisko, Detour, NEM, FNV

 

and safer juniors: THM, NG, Kirkland, Lakeshore

 

Slightly less safe, but still probably okay: IAG, AUY, KGC

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My list of safer miners: ANV, HL, AUQ, AEM, Osisko, Detour, NEM, FNV

 

and safer juniors: THM, NG, Kirkland, Lakeshore

 

Slightly less safe, but still probably okay: IAG, AUY, KGC

Bizzarrely just revisited this thread.I'd forgotten all about it.

 

End of March I bought KGC(Kinross),AUY(Yamana),GG(Goldcorp),NGD(New Gold).

 

Hoping prices drop back some,so I can diversify.

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I think the 4-6 months cycle has rolled over

 

au0365nyb.gif

 

-------- delay: 6 months-------> au0365nyb.gif

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I think the 4-6 months cycle has rolled over

 

au0365nyb.gif

 

-------- delay: 6 months------->

My feeling too.I'm a long term buyer.A couple of the shares I'm following closely are down heavily over the last couple of weeks

 

eg Gold Fields peaked at $4.15 13/4,now down at $3.40

eg Harmony 11/4 $2.75 now $2.25

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It is nice to see that my larges Gold & mining share positions are mainly bucking the downtrend

 

"...on 4/27/2017 - GCM had an enterprize value of 134,000 oz., that's less that one year of its gold production"

 

GCM / Gran Columbia Gold got rolled back !/15, and the shares rose 9% yesterday

> http://www.greenenergyinvestors.com/index.php?showtopic=20537&page=2

 

I am holding 6% and 1% debentures, which are convertible into the stock.

I am making a decent return while I wait for the "undervalued" stock to be discovered

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https://www.google.co.uk/finance?q=TSE%3ADGC&ei=kbgDWdmkBpSRUIbAgiA

'Detour Gold Corporation is a Canada-based intermediate gold producing company. The Company is engaged in the acquisition, exploration, development and operation of mineral property interests. Its primary asset is its Detour Lake mine, which is an open pit operation located in northeastern Ontario, approximately 300 kilometers northeast of Timmins and over 180 kilometers by road northeast of Cochrane. Its Detour Lake property consists of a contiguous block of mining claims and leases totaling approximately 620 square kilometers in the District of Cochrane. The Company's projects also include Detour Lake Exploration Block A and Detour Lake Exploration Regional. The Block A near-surface deposit is located approximately one kilometer northwest of the mine and contains a measured and indicated resource of approximately two million ounces, and has completed over 160,000 meters of drilling. The Company controls approximately 630 square kilometers of the Detour Lake Exploration Regional.

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Added some Barrick,Gold Fields and AngloGold Ashanti today.

 

Hoping the price of the yellow stuff gives up some so I can get into some of the smaller ones that have risen so much since 2015

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