Which ASX listed gold miners have you invested in?

[LovingtheSilver]

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.

 

[tongkat]

Hotcopper

Thanks @wrcmad

 

[wrcmad]

That is exactly what I did had fomo and bought at .465

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.

 

[wrcmad]

The nicest position to be in.

 

[mmm....shiney!]

Sold my speccy T/O punt GMD, as I was sick of waiting with no news.

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

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

 

[LovingtheSilver]

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.

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

 

[LovingtheSilver]

So I just opened my CommSec account. Any suggestions where to begin researching?

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.

 

[tongkat]

Thanks @LovingtheSilver

 

[wrcmad]

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.

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.

 

[sgbuyer]

On your suggestion, I bought AG and also PAAS in March but after watching a video made by Jason burack on silver miners may go into trouble due to Covid shutdowns, I panicked and sold off AG but kept PAAS as PAAS has a better balance sheet. If I had held onto AG, could have made a couple grand extra.

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

 

[mmm....shiney!]

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.

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

 

[wrcmad]

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.

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

 

[wrcmad]

And check out that opening bid volume!!

 

[Slimey]

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

 

[wrcmad]

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

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?

 

[LiverBird]

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

 

[heartastack]

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

 

[wrcmad]

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

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.

 

[sgbuyer]

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

 

[jultorsk]

Some miners being advertised in this clip..