Basics for Recent College Grad?

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left right wrong
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Basics for Recent College Grad?

Hi guys!  Unfortunately, even at an Ivy League school you don't really get taught a lot of what is ACTUALLY going to help you in the real world (even for an Economics major).  I've been reading a lot of about these Junior Miners to familiarize myself with the terminology and general process, but I was wondering if someone could please explain to me very generally the entire process they go through, the best ways to evaluate them, any other abbreviations or terminology that are used by those in the know that may be taken for granted, and any other helpful advice for a kid who is DYING to become a silverbug but besides good old Turd, doesn't have anyone else to show him the ropes?  From what I read I understand these are inherently very risky propositions, but are also a great source or potential profit if you DYODD and are able to properly assess risk

Edited by admin on 11/08/2014 - 06:09
Silvergunn
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Recent Grad too!

I am a recent Cum Laude Finance grad and will say I had to bite my lip many days while attending.

I read a great time-frame of investment in exploration/miners and will try to find it at Seeking Alpha.

It basically stated that there will be times to buy, then trade as the company progresses through there development from exploration to processing and then final products.

This will be good to get it compiled here!

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Miners valuation through the different stages of development

OK I found it, from Jeff Nielson at http://www.bullionbullscanada.com/

Part I:

http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=17572:making-money-on-miners-part-i&catid=48:gold-commentary&Itemid=131

The stages in part 1 analysis are: early exploration-> extensive drilling-> resource estimate-> economic assessment-> major financing-> construction of mine-> commercial production

And that is only part one!

Part II:

http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=17773:making-money-on-miners-part-ii&catid=75:mining-investment-information&Itemid=149

Part III:

http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=17700:making-money-on-miners-part-iii&catid=48:gold-commentary&Itemid=131

Part IV:

http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=17836:making-money-on-miners-part-iv&catid=48:gold-commentary&Itemid=131

Part V:

http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=18065:making-money-on-miners-part-v&catid=48:gold-commentary&Itemid=131

Good Stuff

silvernomics
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http://www.gril.net/education

http://www.gril.net/education

DFrat
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This was an excerpt of a post

This was an excerpt of a post on a Stockhouse thread; it's a very good a summation on due diligence for a junior resource stock:

   "Each share holder must do their own due dilligence and not rely on others opinions:  It would be wise to do due dilligence based on: (reality)

Technical ability of mgmt.     Track record of mgmt.   Marketing ability (not the same guy having technical ability)   Target properties     Property locations     Continuity of target metal(s) from drill hole to drill hole   Bulk tonnage potential    How many properties there are with potential      Cash on hand for exploration    Drilling results     Underlying geology of properties     Experienced geologists understanding the matrix of the ore      Infrastructure!     Matels value in the markets       Other investment  factors that  affect each individual investor!   And others.
 
JR Ventures are high risk by the very nature of their enterprises.  Risk is reduced by competent and  aggressive due dilligence.  Risk and reward go hand in hand!"

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29846906&l=0&r=0&s=ATV&t=LIST

Boardwalk
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This is an excellent

This is an excellent resources for doing DD in the PM miners space.  http://goldminerpulse.com/

My favorite pick of the silver juniors is CMA.V, I own a bunch of it.  Currently a screaming deal as it is trading below its 200DMA.

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left right wrong
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Thanks so much guys!  I

Thanks so much guys!  I really appreciate it and look forward to reading about these!

left right wrong
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Biting My Tongue....

I too bit my tongue as often as I could, but the absurdity of some guest lecturers or professor presentations literally became too much for me!

The occasional tongue lashing was well worth the occasional moment of seeing the Ivory Tower "experts" sputter over their words, or mumble to the class, "Well, I haven't seen that data you mention or seen anything to indicate that is true... but email me it and I'll share it with the class," to which the email is dutifully ignored.

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Cream Minerals-CMA.V

Milli, I've owned Cream for 7 years , I was about to dump it as I'm paring down my holdings.Any reasons why you think it is a screaming buy would be appreciated.  Thanks  KD

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