Does any one here have an experience/opinion on who the best miner stock picker is? I have been looking at Bob Moriarty, jay taylor and John Doody. Although the only one i ever followed was Jay Taylor. Does any one have experience following any of these stock pickers or has some one else that has gotten them excellent returns? Please advise. Looking to get a few good miners.
Best Mining Share Picker
Work done by Adam Hamilton & Scott Wright at Zeal LLC is first rate.
You can read their free essays on Kitco, 321gold or their website.
Stock picks and timing are part of reasonably priced monthly subscription service.
Choosing between Bob Moriarty or John Doody is more than opting for any specific analyst: every gold stock analyst has his style...
John Doody exclusively focusses on mid- and large cap miners. You won't find a single explorer or small miner in his top 10 selection. I even doubt he has any in the extended selection of goldstockanalyst - pro.
Bob Moriarty likes explorers and by what I've read he's good at it. I remember an article from summer 2010 where he discussed among others: Revett, Richfield Ventures, Premium expl. and Rio Alto. All of these made at least a fivefold gain by end 2010. If you like the reference (bottom section of the text):
Bob Moriarty: Due for End-of-Empire Do-Over?
02 July 2010 @ 12:42 pm BST
Source: Karen Roche of The Gold Report 7/2/10
Apex, the Zeal Speculator @ $720 subscription is for their active trading service, which I don't take.
What I was suggesting for someone just investigating is their monthly Zeal Report newsletter which runs $119/year, I believe. Used to be available for even shorter trial periods for less - check to see if still available. They also do in depth report profiles on selected resource companies that's also pretty reasonable.
Hope this helps - I've been subscribing for years to ZR and am quite satisfied with their picks, along with helping support the weekly free essays.
There are tons of newsletter out there. If zeal is the best which one is number two?
His picks have performed well, with his top pick Pretium doing beautifully...
Well this is an interesting time in the market for the mining sector for sure.
In the last 4 years Ive gone thru about 8 newsletters ,maybe more....
lots of things to consider when looking for a picker/newsletter. One thing is the pricing tier system they all use. I've written about it in my forum. These newsletter providers, will often have 3 levels of price ,for 3 different newsletters.
the elite expensive newsletter will give you penny juniors at the earliest timing. and charge a few thousand dollars for that newsletter.
The next price down will cost around 900 dollars and give you some of the same juniors but about half a year to a year later,wen the stock is going for 1 dollar instead of 25 cents.
the cheap newsletter wont give you any juniors to speak of, they will give you the seniors ,like Kinross,Goldcorp, and Silvercorp....and charge you 100 bucks.
I have found Casey Research junior newsletter called International Speculator to be the best in the last 3 years....but while they have been good in what they do..... they are failing to acknowledge the Cartel manipulation and short attacking games going on, they prefer to pretend its not happening , and that the mining sector is the same as its always been...and you have to just roll with the blows, and buy at times like these, and not try to understand whether the market is being rigged or not against miners with no end in sight. umm.... ok.... thats one way to look at the current markets.
So there are some experts who have been looking at the market manipulation and they decided to give up on it,like Peter Grandich, and of course Andy Hoffman.
If I was looking to buy a pickers picks..... I think I'd have as much success with the recommendations (free) that you can get right here from BOG (penny stocks) and Eric Original in their forums.
otherwise I'd go with Casey's junior newsletter (around 750 dollars on sale)
But lets look briefly at Caseys International speculator for a perspective.
About 5 or 6 months ago....a few of the junior explorers they were raving about,located in Africa, analyzed with great skill and care, recommended as a good bet going forward.... one to buy when the price was around 2 dollars....it has since sunk to around 75 cents now. same with the other one, down from the 2 dollar area to around 1 dollar....
Their outlook.....hang in there, dont lose hope,stay the course, believe in what you understand about how bad the global economy is , the debt, the currency wars, the steadfast value of precious metals, and that miners will prevail ....some day. and just keep buying the stocks we recommend.
They advised selling a few this year, but very few.
Welcome to the world of investing in miners. buyer beware.
I'll say that, and simply read this article by Hinde Capital. Costs are inexorably rising, making miners an absolutely hopeless investment that will destroy your wealth, unless you have those thousands of dollars to spend on the top newsletters that find the best penny stocks. If I were to recommend any picker, it would be Chen Lin, Jay Taylor's partner from webeatthestreet.com
Chen recommended Pretium at 6. Look at what that stock did. Pretty impressive.
In the next week or two, Chen will be listing his latest gold producers. He's backing away from the explorers, for reasons given in the Hinde article above. I'm looking forward to Chen's picks. He's traveling now, in China and I think Indonesia. I met him last weekend at the Hard Assets conference in NYC. Smart guy, and very affable.
When Chen sends his subscribers his gold picks, I'll list them here.
Diamond did you get any update from Chen?