There's also no way I can analyse much more than I am invested...

There's also no way I can analyse much more than I am invested in. I just don't have the time. I have a day job completely unrelated to my investing.

Hopefully thought people will learn enough from my analysis methods to work out how to find good stocks for themselves.

In the gold space I recommend a few things:

• Read the cost reports here. Will help you to understand cost profile of producers. Try to find stocks that will have an AISC below the average.
  https://www.aurumanalytics.com.au/reports_and_media
• Read the two Feasibility studies for GOR. The ASX one and also the NI 43-101 format study.
  • ASX-format study - https://goldroad.com.au/wp-content/uploads/2019/12/5807567a812aa886722640.pdf
  • NI 43-101 format study - https://goldroad.com.au/wp-content/uploads/2019/12/582a677ebd117674800085.pdf
• Working out how to do peer valuations - some methods:
  • MCAP per ounce of resource (for comparing developers)
  • MCAP per ounce of reserve (for comparing producers)
  • MCAP per ounce of annual production (for comparing producers)

Studies will help you understand all the detailed analysis that goes into designing a typical gold project. This was the most useful way for me to learn about mining. Read a lot of studies and you will learn what the cost drivers are.

In general look for deposits / mines with similar mineralisation styles to the companies you are invested in or looking at investing in. Then read their studies. Try to do this for a number of peers. Will give you important insights on likely CAPEX and operational costs.

Peer valuations help you to work out what is overvalued or undervalued against an average.

If you are investing in companies in South America, do peer comparisons with other companies in South America.

If you are are investing in companies in Africa, do peer comparisons with other companies in Africa.