/biz/ - Business & Finance

>>28038160
true
for gains we buy mining stonks

>>24875561
>Thanks a lot anon, you do some fine work too and are way better at the nitty-gritties and numbers than I am. When it comes to geology i'm retarded as well.
Huh, I was sure you'd be good at the numbers too. Wasn't it you who were the only one here who had ever heard of Moneta Porcupine (before I brought it up a few days ago)? One would think you are good at breaking down the numbers and understand how undervalued it is. As for geology, I'm still pretty bad myself. Trying to learn little by little.
>Your strategy
Ah I see. My style is a little bit different. I don't really like following others but I follow discussions and NRs and if something catches my eye I might prioritize researching that something. I like doing my own research the "bottom up" way and after doing my DD I like looking at what's being talked about in more detail to see if I've missed something or to reflect my own opinion of the company with the opinions of others. So I guess we have opposite strategies in a way. Not too big on following a lot of different sources either like you seem to do (that's an impressive list you've gathered there!), NRs, ceo.ca, 4chan and sometimes youtube and twitter are good enough for me.

As for charts, I'm not much of a TA guy either. I just draw some quick imaginary lines in my head and look at the shape of the chart, see if it looks oversold or very volatile or look at previous highs and try to find a resistance to break, that kind of stuff. 60 miners is an impressive list, I would want to have more than my current 10 holdings too but my bank account is slowing me down too much. Being poor limits my options so I really have to weigh these companies against each other. Would love to have more companies though, was about to get BRC last week but had to pivot for ME and I'm glad I did, soon I'll be up 100% already. I'm very heavily in gold miners too and would like to have Ag/base metals/U stonks too but I still don't have enough Au miners.

>>24459132
If you like PureGold, you should look at GoWest Gold ($GWA), another Canadian producer.

PureGold has big names on the team and an exceptional track record but the smart money bought way before the pump.

GoWest is set to start production to 50k oz/year and ramp up to 100k, similar to $PGM, but marketcap is now only $33 million.

Their management has fucked up in the past and working with a Chinese company for offtake of the concentrate so investors have been weary, but once news release comes out this month that they've starting moving the ore all will be forgiven and price will explode.

Investors also weary because its refractory gold but they have some of the best numbers in the game.