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jrs1000

jrs1000
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  • Stay Away From The SLV ETF [View article]
    I wouldn't trust GLD or SLV as they're both run by the banksters who are totally untrustworthy as we all should know by now.

    If you want to invest in pure silver, I would suggest PSLV which is the Sprott Silver Fund. They have and hold the silver in Canada, and the Sprott outfit can be trusted unlike the banksters.

    For pure gold investors, try the PHYS Sprott gold fund.
    Aug 23 09:50 AM | 12 Likes Like |Link to Comment
  • Ron Paul, Master Investor [View article]
    McTague tried to do a hatchet job on Ron Paul in his extremely dumb article.

    McTague is the nightmare. He is a classic presstitute!!!!!!!!!!!

    Go Ron Paul go...
    Aug 31 11:03 AM | 6 Likes Like |Link to Comment
  • Sandstorm Gold: A Golden Opportunity [View article]
    wildbillcody,

    Couldn't agree with this Fairtax idea more as I've been for eliminating all taxes and replacing them with a simple sales tax myself for many years now.

    But they also need to slash government spending a lot, especially all the military spending and unending/undeclared wars that our government loves to drag us into.
    Jul 19 09:23 AM | 3 Likes Like |Link to Comment
  • Sandstorm Gold: Reaching Critical Mass [View article]
    Sean,

    Good report on my still favorite gold investment.

    Now that they have some good cash flowing, they also may decide to take out a bank loan to fund some future streaming deals. Nolan hinted at that possibility at their first quarterly earnings press conference.

    A loan would provide them with more rapid growth without further dilution.
    Dec 5 08:51 AM | 2 Likes Like |Link to Comment
  • Gold Is Overbought: Time to Start Taking Profits [View article]
    Gold won't hit any serious resistance until it hits $2,000 an ounce. And the next stop after blowing through that mark will be $2,500.

    The prices of the miners have a lot of making up to do still relative to the gold price and their future earnings so I wouldn't be a seller of the shares at anywhere near their current prices. Most gold shares will probably double in the next 6 months...
    Aug 10 12:04 PM | 2 Likes Like |Link to Comment
  • Sandstorm Gold: A Golden Opportunity [View article]
    Sean,

    Great article on my favorite little gold stock, but there's one error in it, that being that Sandstorm will be getting their gold stream from the Ming mine for free (not for $400 an ounce). See their corporate presentation on their website for the details on all their streams.

    My estimate (based on future cash flows from their current streams) is that Sandstorm Gold is worth around $2.50 currently, but will certainly be worth more and more as they do more deals in the future.

    It's also worth noting that they pay little tax on their streams as they operate offshore in the Cayman Islands where the corporate tax rate is zero. Too bad we can't eliminate the corporate tax in the US also as it would be a boom for US business/jobs.

    I also agree with other posters that Sandstorm Metals & Energy is a great buy also, perhaps better than Sandstorm Gold right now.

    Disclosure: I own 205,700 shares of Sandstorm Gold, and 100,000 shares of Sandstorm M&E. Will probably pickup another 100,000 SME shortly.
    Jul 18 04:43 PM | 2 Likes Like |Link to Comment
  • Sandstorm Metals and Energy: The Apple Doesn't Fall Far from the Tree [View instapost]
    Sean,

    Good article on my second favorite company (Sandstorm Gold is my favorite).

    Their met coal streams seem to be the most valuable right now, followed by their recently acquired copper stream.
    Aug 10 09:45 PM | 1 Like Like |Link to Comment
  • Sandstorm: It Just Keeps Getting Better [View article]
    Thanks for the valuation Hyper.

    I did a quick analysis myself awhile back and came up with $2.50 for SG so we're pretty close.
    Jul 22 03:23 PM | 1 Like Like |Link to Comment
  • Sandstorm: It Just Keeps Getting Better [View article]
    Hyper,

    Great article on my two favorite stocks.

    What is your current valuation for Sandstorm Gold???
    Jul 22 11:48 AM | 1 Like Like |Link to Comment
  • Gold Stock Options Play: Cheap Insurance Against a U.S. Debt Crisis [View article]
    For even more leverage, there's an AUY Jan 2013 $22 call out there that you can buy for around 30% cheaper than the AUY Jan 2013 $20 calls. Either one is a decent inflation hedge, and my guess is that Yamana could be trading at $30 a share by the Jan 2013 expiration.

    A safer but less leveraged way to make money on inflation though (if one has enough money to invest) is to just buy a basket of gold and silver stocks. They are still dirt cheap and will mostly all go parabolic if inflation starts to really heat up. My guess is that real inflation is already running around 10% as everything is going up except for real estate as that bubble is still collapsing (despite the best efforts of the Bernank to revive it).

    My best bet for a safe gold play would be Sandstorm Gold. It's trading for not much more than the price of some gold company options, but without any expiration date. And one can even buy warrants on Sandstorm for very little premium (right now even a negative premium on one of them) which are cheaper than the shares, yet carry more leverage to the upside as warrants are really nothing more than long term options. The other thing about Sandstorm is that their costs go up very little with inflation due to their fixed price gold purchase streaming model, whereas operating companies like Yamana will see their cost of gold production go up with inflation as labor, diesel, capital, and other mining costs would rise with inflation.

    Disclosure: I own 25K shares of Yamana, and 200K shares of Sandstorm Gold.
    Jul 7 07:53 AM | 1 Like Like |Link to Comment
  • Yamana Gold: Buy on Increased Dividend and Organic Exploration Success [View article]
    Good article on Yamana's production growth and dividend increase prospects.

    They are not only a low cost gold producer, but they also produce around 10 million ounces of silver and 150 million pounds of copper a year.

    Yamana is one of the most undervalued intermediate gold producers out there. I own 25 K shares of Yamana myself.
    Jun 29 05:40 PM | 1 Like Like |Link to Comment
  • Precious Metal Royalties: Sandstorm's Transformation Begins [View article]
    Sandstorm is the best little gold stock out there. Smart management with a great simple business model. I own 200K shares myself.
    Jun 27 07:59 PM | 1 Like Like |Link to Comment
  • Hess: An Oil Company With Major Upside [View article]
    Hess has a lousy refining business as they almost almost report refining losses, even when crack spreads are high, and other refiners are making refining fortunes. So who knows if they spun off their refining business if it would even be able to survive out there against the more competent refiners. It won't happen.

    Their E&P business is good though, especially their huge entry into the US shale formations.

    Due to their E&P business, I think they're undervalued here. I own 3000 shares of Hess myself.
    Jul 21 11:13 AM | Likes Like |Link to Comment
  • Gold Stock Options Play: Cheap Insurance Against a U.S. Debt Crisis [View article]
    Alchemisteve,

    You are right about the name. I don't know where it came from??? If I was to choose a name for them, I would've used something like Streaming Gold as it sounds a lot better, and streaming gold is what they do. When they first started the company though, they were involved in more than just gold streaming so they used the name Sandstorm Resources. It was awhile after they spun out Sandstorm Metals & Energy (another great streaming company that I also own although not involved with gold streams) that they changed their name to Sandstorm Gold as right now they are just buying gold streams. It would be nice if they added silver streams to their business model, but perhaps they don't want to compete with Silver Wheaton on silver streams, or perhaps they want to remain as a pure gold streamer?

    I don't remember where I first heard about Sandstorm as it was a long time ago. I first started watching them when they were around 50 cents, but I didn't buy them right away as I thought they were a little overvalued at that time. I was wrong though as with a stock like Sandstorm, your paying up front for not just their current streams, but for their excellent management, business model, and future growth.

    I finally pulled the trigger on Sandstorm and bought 100,000 shares at 79 cents US in my TD Ameritrade account. And three months ago I picked up another 100,000 shares at 99 cents US (at the time that was the highest price ever paid for Sandstorm) in my Fidelity account.

    Checkout Sandstorm Metals & Energy also as I think they're also a good buy here, and they have the same management and business model as Sandstorm Gold, except that they buy energy and base metal streams instead of gold streams.
    Jul 8 03:26 PM | Likes Like |Link to Comment
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