/biz/ - Business & Finance

I'm a simple man, the lower it goes the more I buy. A small price to pay to see hedgies jump out of their office window.

>>30276007
>What does all this mean?
It means you will begin to see red in your portfolio a lot for the foreseeable future.
>Is this referring to bonds?
Yes, bond yields going up.
>How do I take advantage?
Sell or short your positions. Hold cash and only your best, most stable positions.
>Link to YouTube video explaining everything pls.
The best I can do is Ray Dalio's "How The Economic Machine Works"
https://www.youtube.com/watch?v=PHe0bXAIuk0

>>25508379
Looking at Blue Moon Mining at the moment, what got my attention initially was the $MOON ticker, thought it would be funny if I was here shilling $MOON and decided to look into the company. In the middle of doing DD but I like what I'm seeing. They recently regained 100% ownership of their flagship zinc-silver asset in California because their JV partner couldn't meet all of their earn-in demands. Impressive resource estimates for the market cap although they are all in the Inferred category so not entirely accurate. Doing some simple maths, their fully diluted enterprise value divided by their Inferred resources is about C$15.3 per ton of zinc equivalent. For comparison, zinc costs about US$2,700/t at the moment -- the company is valued at about 0.004x the estimated value of their Inferred resources! They also have an old mine in the property that was operated by Hecla 1943-1945 which produced over 55 tons of 12.3% Zn, 3.75ozt Ag, 1.9gpt Au concentrate. It was explored by big companies like Boliden and Lac Minerals (now Barrick) in the 1980's and 1990's and got its current resource estimate in 2008, updated in 2017. Financials are kinda meh honestly but at least no debt. The company plans to advance the project on their own and will probably begin drilling soon, they have drilling permits ready. I'll have to do more DD before investing but this is looking like a very exciting microcap. I still want to DD Fireweed Zinc before investing too, to see which of them is more favorably valued.
>>25508791
Nice to see somebody taking screencaps of my posts!
>>25508703
Current drilling program, past producing mine, good area, mineralization open at depth and magnetic survey provided all-new drilling targets which will also be tested. Great financial state, owns a bunch of shares of other companies
>>25508885
Mammoth is fantastic, way undervalued right now. The chart will not go down, I expect it to climb to at least C$0.20

>>24263073
Here's a couple of links. We're trying to build a commodity general, that will have information on mining stock investing in the OP in the future
>>24255879
>>24256217

>>23374136
you can find all past threads in /biz/ (and by extension pmg) from >>/biz/
use the search bar and you'll find more archived threads than you're able to digest

As for learning about miners and choosing, I feel like I could help a bit, I just started too and learning this stuff is easy. First of all you have to understand that miners, especially small-caps (or "Juniors") that are in exploration or evaluation phase, have a litany of risks involved with them like jurisdictional risk (increased taxes, fines, or even nationalization), geological risk (no minerals found, mining not economically feasible) and economical risk (bankruptcy, share dilution etc) to name a few. Because the business is so risky it's of utmost importance to understand each company, their financials and their projects well before making an investment.

Once you're aware of these risks you obviously have to understand how to interpret mineral resource and reserve estimates, drilling results, grades and of course financials. Once you've understood what the company has to offer, or what the company is able to produce, you can finally weigh the risks and decide whether to invest, and how much. I won't go into too much detail because it's a lot of info to type but I'll post some links to you so you can hopefully get started nicely.

Beginner's guide to mining stocks (Investopedia):
https://www.investopedia.com/articles/basics/12/beginners-guide-mining-stocks.asp
How to Interpret Mining Company Drill Reports & Announcements:
https://www.amscot.com.au/Download/Download?file=Interpretation_of_Resource_Company_Announcements_-_Overview.pdf
MINERAL ESTIMATES – RESERVES VS RESOURCES:
https://newpacificmetals.com/mining-101/mineral-estimates-reserves-vs-resources
Mine Life Cycle – How Accurate are the Resources Reported in Each Project Phase:
https://undervaluedequity.com/mine-life-cycle-how-accurate-are-the-resources-reported-in-each-project-phase/

>>17677207
Hello? based department?