Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
have to own up and admit to jumping the crypto ship for the next couple of months or
so. the crypto market got ahead of itself pre halving imo. it might continue going
straight up, but i think i'd rather wait to see a major sell-off to clear the air. too many
youtube bulls for my liking too. as sk and i hypothesised, the silver market appears to
be on the verge of a breakout. none of the mining stock analysts really have their finger
on the pulse however. if the silver juniors begin to really break out , the gains will knock
the bitcoin miners into a ****ed hat. this means a lot of tedium though. 1500 or so junior
miners/explorers on the tsx ventures to trawl through...80 % of them are a complete bust...
but the top 5 % ....well that could be a very different story. its very easy to be wrong on these
though, like altcoins...so need at least about a dozen in your hodl bag. downside risk (if the
qqq keels over) is still there, but to nowhere the same degree as the btc players, who now
have quite a bit of flesh on their bones. i digress. a little taster of yesterdays price action, for
those not too fussy about where their next pay day coming from....
sve
silver one resources inc
$0.24
+$0.050
27.03%
Another lacklustre day with my mining stocks, not sure why I bother with any of these. SVE
up 27 % yesterday, and a trifling 29 % today. Really about time I put my back into it and pick
some real winners for once. Dogwivhat, anyone ?
SVE
Silver One Resources Inc
$0.31
+$0.070
29.79%
GORO
Gold Resource Corporation
$0.65
+$0.14
27.43%
AUMN
Golden Minerals Co
$0.56
+$0.093
19.79%
AG
First Majestic Silver Corp
$7.51
+$1.08
16.71%
RAK
Rackla Metals Inc
$0.16
+$0.020
14.29%
FSM
Fortuna Silver Mines Inc
$4.57
+$0.55
13.68%
YOUR LISTS
Nice work Drankwell,
I concentrate on ETFs as less to chart, less Jurisdictional and company specific risk, but of my individual explorers Aftermath Silver did similar. The rest between 8% and 28% up on the day.
Thinking KR1 has plenty of room to run during this quarter.
Hi SK, my leaderboard today again dominated by juniors , not
BTC miners - none showing up at all. Whats interesting about
this is that the metals themselves slightly down today, whereas
BTC nicely up ! Aftermath a good pick, but already a double, so
I'm still looking out for overlooked winners...but my pot pretty
full now.....Still holding DOT and MSTR, but light positions as I'd
rather add on a sizeable dip.
LOD
Lode Gold Resources Inc
$0.045
+$0.010
28.57%
RAK
Rackla Metals Inc
$0.18
+$0.025
16.13%
SSVR
Summa Silver Corp
$0.60
+$0.080
15.38%
NSRPF
Novo Resources Corp
$0.13
+$0.014
12.36%
YORK
York Harbour Metals Inc
$0.10
+$0.0100
11.11%
OCG
Outcrop Silver & Gold Corp
$0.26
+$0.020
8.33%
YOUR LISTS
Most undervalued I can think of is Western Alaska.
Rackla doing nicely for is both then.
Western Alaska not on my platform , but I do like the chart very much. Bought
Vizsla silver today. Not a cheapie but stellar drill results time after time. One
or two of these stocks have more cash on their balance sheet than their market
caps, which is kinda nice. I like stuff for free. Pan American Silver, although a
giant, is like that too. They have 500 million ounces in Guatemala and another
500m in Argentina. Neither mine in production , so the market discounted both,
which is fine. Just means you get a billion silver ounces for free when you buy the
shares. Funny how goldbugs dismiss bitcoiners ...and vice versa. The truth is...
surely plenty of room for both asset classes to thrive, in the present circumstances.
Thats why we can all take a leaf from SK's book. This was one of my best ever trading
weeks. But will it continue into next week / month / year ? Who knows......
N
Golden Minerals Co
$0.71
+$0.13
21.90%
NEWD
Newfoundland Discovery Corp
$0.030
+$0.0050
20.00%
UFO
Alien Metals Ltd
GBX 0.14
+GBX 0.018
14.58%
LOD
Lode Gold Resources Inc
$0.045
+$0.0050
12.50%
ISVLF
IMPACT Silver Corp
$0.24
+$0.016
7.19%
ASM
Avino Silver & Gold Mines Ltd
$0.81
+$0.059
7.85%
YOUR LISTS
year ?
Golden Minerals Co
$0.71
+$0.13
21.90%
NEWD
Newfoundland Discovery Corp
$0.030
+$0.0050
20.00%
UFO
Alien Metals Ltd
GBX 0.14
+GBX 0.018
14.58%
LOD
Lode Gold Resources Inc
$0.045
+$0.0050
12.50%
ISVLF
IMPACT Silver Corp
$0.24
+$0.016
7.19%
ASM
Avino Silver & Gold Mines Ltd
$0.81
+$0.059
7.85%
YOUR LISTS
Hi guys, I'm sure you're top blokes but why this forum for silver stocks.
Sorry RaeDae, our love of KR1 morphed into our second investment narrative.
I will be over at SILG.L LSE bulletin board with any future Silver mining comments.
The commodity is probably the most undervalued based on inflation adjusted all time highs, than anything on planet earth.
The producers are still deep value due to the operational leverage of high debt and low margins for so long, that you really don’t need to run the risk of licence issues, mine confiscation, and government royalties, and the guaranteed dilution often with warrants through none brokered private placements in none revenue generating explorers, project generators, and developers.
https://www.nasdaq.com/articles/3-strong-buy-silver-stocks-with-14-to-45-upside-potential
Trying to beat the benchmark with lottery tickets is fun, but unless you have hours per week spare to research, it’s easiest and safest just to buy UK listed, liquid ETF like SILG.L.
Seriously, there's no need to apologise. I'm aware of what you're trying to do. Problem is, you won't get any credit if it goes up and people make money but if it hits the fan, your credibilty gets xxx and you've done some great posts on Kr1, long may it hopefully continue. Because of my respect for you, I'll keep an eye on these stocks.
Thanks Rae, your comments appreciated. In truth, I discovered bitcoin
miners when someone on a stockhouse or stocktwits gold stock board
suggested he didnt think the gold stocks would perform as well as the
bitcoin miners (which i'd never heard of at the time). These were wise
words indeed. I then had (by far) my best ever investing year in 2021 by
switching my gold positions into Argo, KR1, Mara etc .
Now its the turn of the bitcoin miners to 'act heavy' - ie not respond to rises
in crypto prices - hence I returned the favour I got in 2021 by opening people's
eyes here to an alternative kind of miner - the precious metal variety. If I say I
like Pan American or Newmont on the KR1 board, the results will be negligible
to put it mildly.
However, although I think we see BTC over $125k and Silver over $50 this cycle,
my honest view is that if interest rates stay flat or even rise shortly, 'Sell in May
and go away' , will be the best advice to forewarn of a 30 - 50 % drop in Nasdaq
stocks over 6 months leading towards Christmas.
This type of drop would doubtless hurt crypto (and gold ) stocks very badly, but
then, finally, and at long last, a fantastic rally in BOTH classes would ensue. In the
meantime though, a blow-off top in stocks could help silver to maybe $30-$33,
BTC to $85k plus, so thats why i'm still playing for now. If i was smart enough I'd
buy some in vogue alt coins for what I see as this mini but powerful run , but i've
already proved to myself that i'd only pick the wrong ones ! Hence I like miners.
Am hoping , that during the next stock sell-off, Solana might go sub $100 again.
I'd like to own that again. Despite some teething problems, its got the makings of
of an ETH slayer. Hopefully - if Gavin comes up trumps, the same could be said for
DOT, but I have frankly been a bit disillusioned of late. Sorry for being long winded,
but thats my true position, honestly stated. If the assumed interest rate cuts dont
happen, or even get reversed, i intend to try my hand at shorting tech stocks in a
small way, which is an undertaking thats easier said than done well ! Thanks for putting
up with me guys. it actually helps me cement my thoughts to put pen to paper
in this way , but will shut-up now for a bit !