/biz/ - Business & Finance

>>26460291
Scottie hit $0.45 a share back in August with $29 silver, can't believe it's around $.20 now. I'm locked and loaded with 25,000 shares and with all the drill results they have on the way it really seems it's just a matter of time before some very high grade holes launch it back over $0.30

>>26264004
what are your thoughts on Kootenay Silver? Sprott is in for around 11M, the stock hasn't been doing much lately and seems to be cheap

>>26103378
>Ricardo Pliego, Tom Kaplan
Has anyone located their mining portfolios? I searched a little and came up empty

Is there a more recent list of Sprott's holdings? I think this one might be 2 or 3 months old

>>24746050
I went crazy and bought 2000 shares of Galleon Gold for $170

>>24285736
Silver One is one of Sprott's larger positions. The Mexico sale is old news and they're youtube vids where they discuss the logic behind the sale.

>>24234247
Only the ruler of the world after metals moon. Probably the biggest mining/pm investor on the planet. Pic related is his portfolio, the image is outdated now though. There should be an updated version floating around somewhere

>>22810871

The safest way is to buy the Vanguard ETFs. GDX and SIL for the majors, GDXJ and SILJ for the mid-tiers. If you do that, you can't go wrong. Small-caps offer greater reward for greater risk, but there are no ETFs for them. Looking into what respected investors like Eric Sprott, Don Durrett, David Erfle, Dave Kranzler, etc., are doing, will help you, as well as experienced people in this thread. (Stocks which we like are e. g. Dolly Varden, Impact Silver, Silver One.) You will also want to make extensive use of a website called ceo.ca, where you can research any mining stock. Crux Investor, Sprott Money, and Mining Stock Education are excellent Youtube channels. Fundamentally, however, you may simply want to stick with the ETFs. Drill-plays and permit-plays are particularly dangerous, and you might end up getting into one of those and losing everything you have.

>>22780623

Metallic has a pretty sizeable Sprott investment (over 6 million), and, yes, it's extremely cheap right now at 45% from the peak. The only thing to add is that it's obviously more speculative than something like Dolly Varden or Silver One.

>>22780471

Aztec Minerals is down 6.2% today for seemingly no reason. Results from Tombstone drilling will come in any day now and may send the stock soaring (or, conversely, crashing).

Dolly Varden, one of the best silver stocks, is down 6%.

Most miners are showing strength. Impact is actually green; up 3.5%. Klondike is up 17%. Eloro is up 15%. Opportunity to buy the dip is slipping away.

>>22767605

Eric Sprott isn't a bullion-dealer. He's an ingenious investor who has almost his entire net-worth (about $2 billion) in dangerous ultra-leveraged junior mining stocks, and, as is said here, >>22766442 he isn't going to sell a single share. Wonder what he knows that you don't?

>>22688060

The ETFs (GDX/SIL, SILJ/GDXJ) will insulate you from all risk, although their upside is more limited. As for the real junior small-caps, research the companies on ceo.ca, which is where all the mining insiders congregate, and study what experienced investors like Sprott are doing. (Picture related is his portfolio: I highly recommend Dolly Varden and Silver One, which are in it). They are the sort of stocks which will go to zero if silver doesn't soar, but which really will go 150x if we get a true PM bull market.

>>22681802

Yes; I agree with what you say, and it is why I have tended to throw money, blindly, at the microcaps which Sprott is invested in. But I believe that there are a good number of others which he hasn't discovered yet, like BHS, KS, Vangold; and my position in these is much larger than in Sprott's stocks. Simply because my own research has convinced me of their value. I bought Vizsla Resources long before Sprott did, who got in after it jumped 500%. I know from experience that he isn't omnipotent; and the return is always better when you anticipate him rather than follow him. But at any rate, somebody who follows Sprott is going to do extremely well, and definitely outperform the GDXJ or SILJ.

By the way, I thought people might be interested in this. It's Sprott's personal portfolio as of August. Study especially the size of the positions. 21 million in Silver One, 13 million in Dolly Varden, 12 million in Kootenay, but only e. g. 550,000 in Silver Grail Resources, or 350,000 in Genesis Metals. People should adopt the same philosophy; maintain a number of "core" positions which you really believe in, and only speculate on those microcaps which depend upon exploration to succeed. Don't throw all your money at a drill-gamble. Stocks like Silver One or Dolly Varden already have the silver ounces in the ground; you can't lose with them. But you can with a bad microcap.

>>22681702

You're in the position which Cortez was when he burnt his ships after landing in America. Stocks are so illiquid on DeGiro that you won't be able to exit your position unless KS goes up again. All I can say is don't worry about it, you had the conviction to buy it as a leveraged bet on silver; if silver goes up, then KS will go up also.