metals, mining, and more......

[djAdvocate]

uraniums have backed off a bit.

gold and silver are heating up. WPM, AGI and RMRDF are all approaching 52 week highs, having all set them in the last month.

[djAdvocate]

metals are performing well again, but I am posting about one in particular: AMYZF

I have talked about this issue before. this is a company that started out in Manganese production. one of the other things that comes out of the ground with Manganese is Lithium. and during the process of extracting this, AMY developed a process for recycling it. they went to patent, and won it, and are now perfecting pilot operations for the process.

late this year (2020) they announced that they were going to spin off the Manganese operations. I am not sure what the new company will be called, but the old company will no doubt be called American Manganese.

this stock is going bonkers today. it is +56%. there is no news, so I am not sure what is going on. and this is NOT a record high for this stock, but it is getting there.

I have no idea whether or not this thing will flip around and tank or skyrocket, so I bring it to your attention. I bought this stock for 2 cents in 2015. I can't even remember why, but I was on a base metals kick at the time, so I am sure it had nothing to do with Lithium.

best wishes for a prosperous 2021. AMYZF is currently at 36 cents. I sold 25% of my shares this morning, but it is still my largest equity holding as of today.

[djAdvocate]

uranium is heating up again.

I am going to copy my list from the previous page on my next post.

[djAdvocate]

NOTE: Uranium is SEASONAL. these stocks are probably only good for another month or two of gains:

CCJ (uranium senior) well valued at $9.25>9.42>9.74>9.72>10.88>10.74>9.95>13.68
but there are other stocks I like even better.
PLUUF is looking like a screaming bargain at 15 cents>15.3>15.1>15.8>16.7>18.5>19.5>32.9
UEC also looks good at 77 cents>78> 83>94>1.12>1.23>1.10>1.77
DNN at 31 cents>29>37>41.4>45>42.9>40.1>74.3
FCUUF at 17 cents>19>19.1>24.2>23>26.8>22>30
URCCF at 80 cents is an interesting royalty play>76>84>84>84>85>89>85>1.09
MGAFF at 6 cents>6.2> 5.91> 7>7.6>8.1>7.5>13.1

total gain for list = 93.8%

at this level I would sell anything that has doubled, except Mega. (bold entries)
Uranium is falling in price right now, and the stocks are late to react to it.

edit- this buy list came out on April 15th, so that is basically 10%/month.

[Rukh O'Rorke]

I have some metal-y interests.....

are you playing the pink sheets? Risky!

[djAdvocate]

Jan 20, 2021 8:34:30 GMT -5 Rukh O'Rorke said:

I have some metal-y interests.....

are you playing the pink sheets? Risky!

actually, I am going to beg to differ. 

the pink sheets are not any more risky ON THE WHOLE than the US markets are.  let me give you an example.

CAIXY is a Spanish Bank.  it is actually vastly superior to about 90% of the banks in the US in terms of risk portfolio and reserves.  but because it is a Spanish equity, it trades in the US under ADR for about $1.  but make no mistake.  I would rather own $100,000 of this than $1,000 worth of JPM.

now, if you are talking about JUNIOR MINERS, yes.  they are incredibly risky in one sense: they are worth NOTHING other than the assets they have in the ground.  and if you know nothing about those assets, then you should steer clear of them.  the have massive debt, and the only cash reserves they show are from their periodic trenches of stock. 

anyone looking at them will say "what the hell is this", and the answer is that it is all below ground.  so reading assays becomes a needed skill.  and if you have no time for it, it is better to deal with stuff you have time for.

AMYZF was +56% today.  I had an intermediate target of 50 cents on it, which it already shattered.  if I were investing for anyone else other than myself, I would sell ALL of it at this level.  as it was, I unloaded 25% of my shares today.

[Rukh O'Rorke]

Will look into the bank. Does it have a dividend? I've been looking to get a solid position in dividend stocks. I'd like about 1k or more monthly in dividends when I retire. Also thinking they would be a little more price-stable? Thinking of staying 90% or more in stocks for the duration.

One thing that has been doing well for me lately is Fortescue Metals Group FSUMF. The price was down for a while but still had a good dividend so I held on. I think I picked it up after Jubak mentioned it? Haven't been following him at all so don't know if he still has it in his portfolios. Lately, the stock price has also increased quite a bit.

I just have a small amount, a little over 100 shares. I wanted to pick up some more recently as I started looking more for dividends, but then it said it would be a 50 fee to buy more. That is a huge % for a small position. Did I pay that unknowingly when I originally bought? or did I know at the time and bought anyways? IDK - my account was at scottrade and then ended up with tdameritrade so that historical piece is missing.

[djAdvocate]

Jan 21, 2021 10:40:35 GMT -5 Rukh O'Rorke said:

Will look into the bank. Does it have a dividend? I've been looking to get a solid position in dividend stocks. I'd like about 1k or more monthly in dividends when I retire. Also thinking they would be a little more price-stable? Thinking of staying 90% or more in stocks for the duration.

One thing that has been doing well for me lately is Fortescue Metals Group FSUMF. The price was down for a while but still had a good dividend so I held on. I think I picked it up after Jubak mentioned it? Haven't been following him at all so don't know if he still has it in his portfolios. Lately, the stock price has also increased quite a bit.

I just have a small amount, a little over 100 shares. I wanted to pick up some more recently as I started looking more for dividends, but then it said it would be a 50 fee to buy more. That is a huge % for a small position. Did I pay that unknowingly when I originally bought? or did I know at the time and bought anyways? IDK - my account was at scottrade and then ended up with tdameritrade so that historical piece is missing.

CAIXY pays 3%

I have a really nice dividend stock to recommend, but will have to post it later.

can't think of the name right now, and I have to run.

[djAdvocate]

I would the remaining uranium stocks and pick up some copper.
if you rode that pony, you would be sitting on a 2x gain.

TECK is selling for 20.5
CSFFF is selling for 2.25

[djAdvocate]

Jan 13, 2021 23:34:41 GMT -5 djAdvocate said:

NOTE: Uranium is SEASONAL. these stocks are probably only good for another month or two of gains:

CCJ (uranium senior) well valued at $9.25>9.42>9.74>9.72>10.88>10.74>9.95>13.68
but there are other stocks I like even better.
PLUUF is looking like a screaming bargain at 15 cents>15.3>15.1>15.8>16.7>18.5>19.5>32.9
UEC also looks good at 77 cents>78> 83>94>1.12>1.23>1.10>1.77
DNN at 31 cents>29>37>41.4>45>42.9>40.1>74.3
FCUUF at 17 cents>19>19.1>24.2>23>26.8>22>30
URCCF at 80 cents is an interesting royalty play>76>84>84>84>85>89>85>1.09
MGAFF at 6 cents>6.2> 5.91> 7>7.6>8.1>7.5>13.1

total gain for list = 93.8%

at this level I would sell anything that has doubled, except Mega. (bold entries)
Uranium is falling in price right now, and the stocks are late to react to it.

edit- this buy list came out on April 15th, so that is basically 10%/month.

I was thinking that uraniums would reverse, given the softness in the U308 prices.  but I was wrong.  there is something else at play here in regards to energy optimism.

DNN hit $1 this morning.  URCCF is north of $1.75.  Mega is at 16.6 cents.  UEC broke $2.20 yesterday.  this sector is still completely on fire.

I think I am MOST surprised by URCCF.  it was pretty doggy it's first year, but it is screaming, now.  it has doubled in the last month, and there is no indication it is even close to done.

[djAdvocate]

I would keep a small position in Uranium, even though the fundamentals are not there. the market sentiment is incredible on them.

I would shift to 50% base metals right now out of energy metals, with the balance in gold and silver and whatever non-metal assets you hold.

one of my holdings that has astonished me is CSFFF. it is probably mentioned earlier in this thread. it is a copper miner, mostly in the Americas. it has gone from 23 cents to $3, but I think it still has a lot of steam.

the production cost for it's mines is $1.84. with copper selling at $4, the company is set to make over $2/lb on mined copper this year. that would translate to north of 25 cents per share, which gives an effective valuation of at least $4 on this one.

there are other copper miners that are more overlooked than this one. if you don't feel like doing the work, CPER and JJC. they LOOK overvalued, but I think that 2021 will be good for both of them:

CSFFF = $3
CPER = 26
JJC = 63.2

Teck Resources is also pretty good here. I have taken positions below $10 on this three times in the last (10) years, selling each time at $30. it is currently selling for $21, so it has a ways go go, imo.

TECK = 21.2

[djAdvocate]

PS- DNN was up another 15% today. insane.

edit: I just realized that I recommend CSFFF and TECK in post 638.  CSFFF is +33% since then.

edit: MGAFF looks good here at 16 cents.  look for it to rise to appx 25 cents this quarter.

[djAdvocate]

junior gold mines really popped in the last hour today.

MUX, GSS, and AGI all bucked the market and moved higher.

edit: I would stop out the balance of the Uranium about 10% below market close.  they got absolutely crushed today, but many recovered from midday lows, much like the overall market.

[djAdvocate]

I couldn't take the action in Uranium any more, so I sold everything other than PDN and URCCF.

they might keep running, but I am not taking that chance.

I think the smart money has moved to base metals.

[djAdvocate]

i am still liking TWO uranium stocks:

MGAFF $0.176
URCCF $2.4

these ones are not done yet.

edit: this list is getting very selective, but those last 2 are up 10% in the last 2.5 weeks.

CSFFF is having a lot of trouble cracking 3.  I am getting worried about base metals.

[djAdvocate]

MGAAF is looking weaker, and CSFFF stronger.
still holding those and URCCF, which had a spectacular move to CAD$4 this week. very much unexpected.

[djAdvocate]

I think the uraniums are done. recommend selling here.
my last two were:

MGAFF: $0.148
URCCF: $2.6

it was a fun ride.

the base metals are looking better after a scare in March.
CSFFF is an unstoppable monster.
it is nearing $4/sh
TECK is also doing well, selling at $22.
NILSY if you don't mind getting dirty.

I think it is time to cycle back into the golds and silvers.
I will start with WPM at $42.6
I sold this one last year after it had a blowout high.
dumped my shares at $50.

MMX just set another record high today.
I think this thing looks especially good.
but I am partial to the royalty issues.

you can still pick it up for $6.

it is projecting 60c/share in royalty income this year.

I would be very surprised if they didn't increase their dividend.

[djAdvocate]

note: I have been trying to sell Paladin at 40 cents.
it just refuses to trade there. it is now just 1.5 cents over my stop ($0.35AUD)
I forgot that I still have that one.

oh, and I am also LOVING Largo.
they did a 1:10 reverse split, which I usually hate.
but the stock is behaving really well.
the just applied for a NASD listing under LGO.
it is selling for $16.50

[djAdvocate]

Paladin sold at 40 cents a while back. closed at 70 cents today.
this entire sector is on a tear, but since I have been out of it, I am doing
a rare sector buy.

recommend the uranium ETF: URA- currently at $26, strike price $31.

I also like UROY at $3.50
I sold this one back in April for about $3.
I didn't regret it at the time.

the three listed above (Teck, NILSY, and Capstone) continue doing well, and are HOLD at this juncture.

[djAdvocate]

Sept 11, 2021 22:42:11 GMT -5 djAdvocate said:

Paladin sold at 40 cents a while back. closed at 70 cents today.
this entire sector is on a tear, but since I have been out of it, I am doing
a rare sector buy.

recommend the uranium ETF: URA- currently at $26, strike price $31.

I also like UROY at $3.50
I sold this one back in April for about $3.
I didn't regret it at the time.

the three listed above (Teck, NILSY, and Capstone) continue doing well, and are HOLD at this juncture.

i bought some URA this morning.  I am predicting it goes to $40, now.

[djAdvocate]

if you are wondering why I am hot on Uranium, base metals stocks usually outperform the metal itself by 2:1, and the metal is up 25% in the last couple of months. that means that this sector should go +56% from it's last peak. ergo, UROY is a $6 stock.

[salmotrutta]

Watch out for January 2022.  That will be a top in the CRB commodity index.

Long term monetary flows, proxy for inflation:

01/1/2021 ,,,,, 1.31

02/1/2021 ,,,,, 1.41

03/1/2021 ,,,,, 1.51

04/1/2021 ,,,,, 1.60

05/1/2021 ,,,,, 1.65

06/1/2021 ,,,,, 1.78

07/1/2021 ,,,,, 1.91

08/1/2021 ,,,,, 1.93

09/1/2021 ,,,,, 1.93

10/1/2021 ,,,,, 2.00

11/1/2021 ,,,,, 1.91

12/1/2021 ,,,,, 2.09

01/1/2022 ,,,,, 2.21 peak
02/1/2022 ,,,,, 1.79

03/1/2022 ,,,,, 1.54


But prices won't breach the FED's 2% level until 2023

[djAdvocate]

watch this one too: DBC

this is a basic commodities ETF. after sitting in a coma for 4.5 months it is up 10% in the last few weeks.

[salmotrutta]

Thanks.  Good to buy.

[djAdvocate]

URA is +7% today. astonishing move for an ETF.

[salmotrutta]

CRB commodity index keeps moving up

tradingeconomics.com/commodity/crb

I don't think tapering will interrupt the trend.

[djAdvocate]

there is absolutely no evidence that inflation is abating. if anything, it is accelerating. there is a very high probability of a global overheat.

[Rukh O'Rorke]

So far my fsumf play is not playing out too well. Down a couple thousand.

Not ready to throw in the towel but with price decrease dividend is 30% Which is insane. So, keeping an eye on it. But what I’m looking for I’m not sure!

[djAdvocate]

you are looking for them to honor that dividend. but chances are they won't with the yield that high.

I know you like dividend stocks, so you might want to consider Newmont. their yield is about 4% right now, and the stock price is rock bottom, imo.

NOTE: I am really bummed about Doman Building Materials. it crapped out at around 8 and has plummeted since then, but I still like it.

[djAdvocate]

Uranium is still on fire.
the metal was up another 20% this week.
this means 40% gain for miners and UROY.

new price target for UROY is $7