KIN 1.85% 5.5¢ kin mining nl

Ann: Restructure of Board of Directors, page-23

  1. 6,155 Posts.
    lightbulb Created with Sketch. 1661
    Sure thing.

    Producers: If you want quality but it is not cheap with a lower beta: MAG Silver.
    fully funded and ASIC sub 7usd producing 6m oz. I dontown !

    My largest holding is First Majestic and i am a buyer under 6usd. With the San Dimas buy recently, it has massive leverage to AG. But ASIC is 17usd, so becareful ! But growth is 20moz of AG pa. you have to be aggressive or think Silver is going higher to own this one.
    They raised 150m via notes and have 100m cash.

    Bear Creek in Peru, is the best optionality play. Every 1$ increase in AG NPV goes up 112m usd. Needs to finance its project though, and requires 600m capex for 13 yr lom and Silver at near negative ASIC due to zinc. Some big investors in this one, and one to own as they are a option on Silver. I am a buyer near 1.50usd.

    Dolly Varden i also hold a alot of, but much lower prices, under 60cUSD it is a buy. 40m oz of AG in BC triangle, 3 new discoveries, already rejected Helca TO bid. I reckon they shore up 100m oz and sell. Management do not want to develop this project. They are only looking for oz, and this is high grade in Canada. Reckon 2$cad is TO potential.

    Worth Mention Endeavour Silver - prefer Firt Majestic and Great Panther Silver is a good one. Also Alexco in Canada (prefer Dolly).

    On ASX ARD and IVR... If you want to buy IVR for Paris look at those IVROA expiry 2020 options, potential x10 + IF Paris moves forward.

    Sorry for any errors.
 
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