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beabaggage » Comments » ANV

  • 3 Top and Bottom Market Sectors for This Week [View article]
    sector rotation at year end during tax selling etc. is not a valid trading stat. with hedge fund deleveraging, redemptions, mutual fund tweaking etc. trading trends can be potholes if used to buy/sell/short.
    Dec 30 08:26 am |Rating: +1 0 |Link to Comment
  • Junior Gold Miners Are Dirt Cheap [View article]
    Dont forget NXG long NXG. Instead of hoarding their cash, they bought cheap AUS mines to diversify and produce as Kemess South winds down, hidden written off asset in Kemess North that could get permitted if CN economy gets bad enough. One more lake ruined, who cares. Plus lots of other great assets, great management that knows how to get the gold out and improve yield, supposedly producing 120,000 oz of gold this quarter with some copper (hedged) credits against costs(Thats $90million in cash at gold $750 minus copper credit cost) - cost of diesel/oil going down, labor costs should settle down with all the other mines closing (PAL, etc.) .
    no debt, weird ARS on the books as cash but not really cash, but still paying interest so they could monetize these ARS at some point, someone will buy them. CN banks are flush with cash and still lending, no cr problems like other world banks.

    Lots of good juniors out there, lots of mergers coming for sure.
    Nov 06 08:54 am |Rating: 0 0 |Link to Comment
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