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WHN_fan

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  • Bonanza Discoveries That Will Drive Gold Stocks: Eric Coffin [View article]
    Good article. Lots of winners out there lately. Probably why we're starting to see more deals done. It would really help the market now if we started to see some acquisitions by majors too. I've been buying bits and pieces of http://bit.ly/LBSYcN as they've a couple drill ready exploration projects and a great management team. Also been picking up Allied Nevada because they're a likely take out target by a Barrick or Newmont in Nevada. Just my thoughts... do as you wish!
    Sep 12 04:49 PM | 1 Like Like |Link to Comment
  • Gold Showdown: Mining Stocks Vs. GLD [View article]
    You should take a look at Allied Nevada. Growing resource base through drilling and a very low operating cost compared to most of the groups mentioned. Sitting in Nevada this would be an easy target for a Barrick or Newmont to add 20m ounces plus of cheaply produced gold to their books. I own this. I also own http://bit.ly/LBSYcN Westhaven. This doesn't meet your liquidity or $10plus price criteria. It is ran by some very successful explorers and has drill ready projects in a great postcode. Happily risk $1k to make $10k! The gains from allied will more than finance the risk from WHN! Good luck.
    Sep 6 06:57 PM | Likes Like |Link to Comment
  • The Last Innings Of The Bull Market [View article]
    Been in the SPX suckers rally since 1160ish. What a sucker I am!
    Sep 6 01:45 PM | Likes Like |Link to Comment
  • The Last Innings Of The Bull Market [View article]
    If the markets going up then we're naturally close to a sell off. If it's going down then we're close to a rally. The longer it goes in either direction, the likelihoods of either happens increases. I don't care which way it goes. I don't care the fundamental justifications for it doing so. I only care that I'm positioned to profit. Stating a bullish/bias position and then sticking to it for months or years in some cases only to say that you were right when it inevitably comes true doesn't make you a profit, it makes you a muppet.
    Sep 6 12:01 PM | 3 Likes Like |Link to Comment
  • Buy Barrick Gold Now, Skip Goldcorp [View article]
    Not a big fan of most of the producers at the moment. They can't keep costs down across multiple assets and are finding it difficult to replace resources with low cost ounces. I am a shareholder in Allied Nevada. They have a large resource and produce at sub $300 per ounce levels. Also, not too big that a major couldn't swallow them up. Also like http://bit.ly/LBSYcN Westhaven. Great management team with a couple drill ready projects. Micro cap stock= high risk high reward but its one of those gambles where $1k could turn into $10! Why not!
    Sep 6 11:53 AM | Likes Like |Link to Comment
  • Gold analysts get bullish, the proportion of 35 surveyed by Bloomberg rising to its highest level (83%) since November. ETPs have purchased 51.7M tons in August - also the highest amount since November - and now hold more gold than France. Gold broke out of a tight trading range this week and is at levels not seen since April. [View news story]
    gold investments globally including direct investment in gold is in the low single digits percentile. Most of the world hasn't bought in yet. ETF are a simple way to play the space but real returns are made by moving up the risk curve. Just look at the chart on Toronto listed GQC. I've been bidding on http://bit.ly/LBSYcN because they have great exploration projects and a well known team at the helm.
    Aug 24 03:06 PM | Likes Like |Link to Comment
  • It's Not Too Late To Ride The Bounce In The Gold Miners; How To Play It Right Now [View article]
    In my experience investing in the mining sector you want to move up the risk curve (down the market cap curve) when things start to heat up. Take a look at Allied Nevada. They have a huge resource and produce very cheaply. Big enough not to be hurt if the markets crash again and small enough to be on the radar of the big companies.

    If you have real risk tolerance take a look at http://bit.ly/LBSYcN cause they have one hell of a management team and a couple drill ready exploration projects. Big risk big reward. Just look at goldquest... from 4 cent to touching $2 in about 4 monhts.
    Aug 23 06:05 PM | Likes Like |Link to Comment
  • Love Trade Cools As Central Banks' Gold Demand Heats Up [View article]
    Not sure if the geologists would agree that finding reserves is a simplistic process. The easy stuff has been found. That means to find new gold you're going to have to go deeper or to places that currently haven't been explored. Out of the way places that are difficult to get to and don't have infrastructure. Either way you're raising operating costs and initial capital requirements.
    Aug 21 05:51 PM | Likes Like |Link to Comment
  • Love Trade Cools As Central Banks' Gold Demand Heats Up [View article]
    Rally? I think we're still in a consolidation period although there have been some big moves lately in the exploration arena. Anyone pick up any GQC? How about Unigold or Precipitate? Goes to show why people are willing to risk money to invest in explorers. Gotta have good projects and management. Been moving winnings from GQC over to westhaven ventures... has both great management and projects http://bit.ly/NYX4gj
    Aug 21 04:16 PM | Likes Like |Link to Comment
  • Love Trade Cools As Central Banks' Gold Demand Heats Up [View article]
    regardless of the fundamentals, if gold was to hit the $1200 level as you hypothesize then a large chunk of current supply would come off line and many of the newer mines being built would be mothballed.
    Aug 21 04:04 PM | Likes Like |Link to Comment
  • Why Buy Gold On Fed Catalyst [View article]
    I've been loading up on low cost producers with big margins like Allied Nevada. Also moved down the ladder to higher risk higher reward exploration plays. Goldquest has moved from 5 cents to $1.55 in about 2 months, the risk can be sometimes worthy it.

    I've been buying westhaven ventures http://bit.ly/LBSYcN from time to time. They have a management team that's been very successful in exploration. President is in the Canadian mining hall of fame and won prospector of the year. They've got two great projects in BC that should be getting drilled soon. Fingers crossed.
    Aug 3 03:35 PM | Likes Like |Link to Comment
  • Gold's Rally Short Term? Long-Term Outlook Is Bullish [View article]
    I'm positioning myself as if gold will meet or beat its previous highs. Even picking up gold exploration companies like Westhaven Ventures http://bit.ly/LBSYcN . Management has discovered some huge deposits and they have a couple great projects to be drilled soon.

    President is in the Canadian mining hall of fame! Also I've been buying Allied Nevada as it's a really cheap producer.
    Jul 26 05:02 PM | Likes Like |Link to Comment
  • Will QE3 Be Announced In August? [View article]
    If QE does come into effect, oil price increases will be mitigated by the FACT that the US is swimming in oil.

    $85 WTIC shouldn't hurt the economy too much and that's likely where we'll be for the rest of the year at least.
    Jul 25 05:58 PM | 1 Like Like |Link to Comment
  • How to Play Schiff's $5,000 Gold Prediction [View article]
    a lot of marginal gold production will come off before gold hits $1200 an ounce.
    Jul 24 03:37 PM | 2 Likes Like |Link to Comment
  • Profiting From Europe's New Gold Rush [View article]
    I think you nailed it on the head with your comments on resource nationalization. It's happening either directly or indirectly (taxes, royalties etc) across Latin America at an exceptional pace, along with Africa and across the planet. I'd rather load up on cheap producers in safe haven jurisdictions like Allied Nevada. Canada's also been a great place for mining and exploration. Been picking up Westhaven Ventures http://bit.ly/LBSYcN . This little co has a well known management team and a couple great assets in BC Canada. Exciting times ahead!
    Jul 24 02:07 PM | 1 Like Like |Link to Comment
COMMENTS STATS
102 Comments
41 Likes