Which ASX listed gold miners have you invested in?

Discussion in 'Stocks & Derivatives' started by willrocks, Apr 28, 2020.

  1. LovingtheSilver

    LovingtheSilver Active Member Silver Stacker

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    Most of mine are specs...
    ALK
    MDI
    RML
    TMR
    RVR
    Also took part in MKR IPO which is listing in a month but I got scaled back big time. MKR owns the old CCU Wonawinta mine for those that can remember that company.
     
  2. tongkat

    tongkat Active Member Silver Stacker

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    Thanks @wrcmad
     
  3. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Just an idea I acted on.... on Fri morning I tripled up on CDV at $0.59. This is a move straight out of Rene Rivkin's playbook from back in the day when I used to read his Rivkin report.
    The timeline for T/O better offers is 2 weeks. There are several possible contenders for a counter-offer, and predictions are a final outcome of 70-90c.
    The current floor price is 60c, so there is no risk.
    Worst case scenario in the absence of another bid is 60c, or 1.7% return on my 59c.
    If another bid only comes in at 70c, then return is 18.5%.
    At 90c, return is 52.5%.
    Depending on how long this takes to play out will determine final annualised returns. But if it is only 2 weeks, then annualised returns like this for ZERO risk are hard to beat.
     
  4. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    The nicest position to be in. :)
     
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  5. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    What did I read them described by one Hotcopper member as? "A lifestyle company". :D

    Eventually something will have to happen with them but it can happen without me as well thank you. ;)
     
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  6. LovingtheSilver

    LovingtheSilver Active Member Silver Stacker

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    That’s something I didn’t consider, thanks for the heads up.
     
  7. LovingtheSilver

    LovingtheSilver Active Member Silver Stacker

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    Have a listen to this channel, they don’t really discuss individual stocks but do provide great information about mining industry, commodities, etc, etc.

    https://m.youtube.com/channel/UC9Xnap-g3EZuddiUeauMlNQ/videos

    A guy on Patreon does do some individual stock analysis, channel called Between the Lines Finance. Costs around US$6 a month. Also has a YouTube channel of the same name where he posts free content.
     
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  8. tongkat

    tongkat Active Member Silver Stacker

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  9. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    This guy is really good on mining stocks - good enough for me to be a current subscriber, and his ideas have made me a lot of money this year.
    He is also a contributor on HC, and it's not too hard to figure out which contributor he is.
     
  10. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    PAAS is now $33. It was as low at $11 in Mid March. Almost tripled. Truly crazy.
     
  11. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Yep, solid analysis of gold stocks and the gold market.
     
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  12. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Took a little longer than 2 weeks, but as expected the bidding war is on....

    Nord.jpg
     
  13. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    And check out that opening bid volume!!

    cdv2a.jpg
     
  14. Slimey

    Slimey Well-Known Member

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    Super smart move, hats off to you. 10% in 2 weeks.
     
  15. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Shandong is Chinese, Nord are Russians.... so I don't think this is over yet.
    Which ones are more stubborn? Which ones are willing to bid higher to save face? :cool:
     
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  16. LiverBird

    LiverBird Well-Known Member Silver Stacker

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    Big dump this week. At what point would you be interested in re-entering? 40c maybe?
     
  17. heartastack

    heartastack Well-Known Member Silver Stacker

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    KAU announcements worth a read today. I’m in a few private discord chat rooms with HotCopper hearts and this one is being drummed up big time. Opportunity to accumulate before drill permit is granted and rig is mobilised
     
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  18. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Careful.
    The market has finally woken up to this one.
    Plenty of drill holes in the ground does not necessarily make a mine, or a ROI.
     
  19. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Sold half of my PAAS, took back my initial investment plus 35% profit. I know silver is still rising but this is getting ridiculous.
     
  20. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    Some miners being advertised in this clip..
     

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