Close-ology

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Ford_Prefect
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Close-ology

One of the small things I've learned in my self-education on miners is that a great way to get a bang for the buck is for a junior miner/explorer to be in close proximity to a deep pocketed neighbor who can and will pay a premium for reserves to replace the constant drain that is the essence of mining (once you dig it out of the ground and sell it, it's gone).

I think it would be valuable to all of us if we pool our resources on who's close to whom.

I own Temex and Conquest for their proximity to big producers in the Timmins and Red Lake mining districts. Temex has been especially resiliant during the recent equity sell-off (makes me think something is afoot).

I no longer own (took a profit on a $US/AUD differential) but may get back into Troy Resources NL from Australia. I get emails of all their corporate publications and have gotten a rash of notices of insider buying by the CEO and other management.

Anyway, this is to run it up the flagpole and see if someone salutes.  If everybody has just one or two "close-ology" candidates and puts them here, we all gain. It would be like opensource research.

Edited by admin on 11/08/2014 - 06:20
qqq62
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Blackrock World Mining Trust PLC

It might be a good idea to look into Blackrock World Mining TrustPLC, Blackrock controls $3 trillion in assets! 

For the record i dont have any shares in the Trust! i follow the price of it.

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Ford_Prefect
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thanks eom

nm

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