Waiting to see if this is a running correction in the PMs....but for anyone interested in the sector I have thrown down a few notes re stocks I am currently tracking, disclosure: I own quite a few of these, or have been in and out in recent times
Many of them have shown signs of waking recently or been bumping along a bottom for some months.
Would be curious to hear from any XSOers their opinions on any of these, particularly if they ring alarm bells!! I am looking to sort the companies that merit a longer hold.
AZY multiple JVs with majors RIO/IGO/NEM, plus sole-owned tenements with resource
NEM looking to sell Telfer, buyer will likely want adjacent AZY project
BGD pbear special, best looking CEO on the ASX
CEL Gold project Argentina, copper project Ecuador with potential high-grade low cost rapid
payback
Solgold recently made $3.2 bil investment in Ecuador project, country looks open for
business, as does Argentina
FFM experienced management , 2.8Moz @7.2g/t Pickle Crow Ontario recently purchased existing copper project in ?Newfoundland, discounted until metrics
firmed up for a re-start
GML gets a run every gold bull, exisiting find in Montague trying to grow scale, management
look ok, directors and Kerry Harmanis own 20%
GSN recent director buying $100K, ‘highly prospective ground’, JVs with major, can’t remember who
MKG fickle management but has potential high grade project Cote d’Ivoire, also manganese project
NXM previous disappointments with drilling on ground near NST, volume come through recently
seems too have re-awoken
MM8 1.6Moz @2.6g/t near surface Ravensthorpe
PDI big high grade resource ?Guinea, institutions buying , Blackrock heavily invested
PGO very prospective ground, big grade ounces in the ground, Cape York
proving up possible ‘gold corridor’, directors and institutions been buying
PNR turnaround story with Norseman project
S2R got hold of the tenements adjacent Kirkland/AEM super high grade Vic mine
proven manangement
SMI NZ high grade project being proved up
STK they look like they are onto a new gold trend WA, sold Millrose project recently
to NST for $60 mil
plus high grade zinc project currently on the back burner
STN low grade bulk tonnage, ripe for GMD takeover in consolidation Leonora region
TCG transformative deal done recently, bought Afema project from Endeavour Gold
huge land holding Cote D’Ivoire, proven management
(20min delay)