Just curious as to what everyone owns, likes and why? With the recent downturn, and now recovery pending, I whittled down my explorers to some of the strongest and best I could find. In no particular order they are:
I'll go first:
Alexandria Minerals (ALXDF) I like the large land package, the low cost of exploration, the management, the interest in the company by majors who own shares (I think AEM has 10%), and the fact that the potential of their akasaba project in Canada is comparable to Laronge, a larger mine in the Albeti Greenstone belt in Canada which I believe has over 10 MM ounces of gold. (ALXDF currently has about 2.1 MM oz gold and gold equivalents in the ground both indicated and inferred)
Moneta Porcupine (MPUCF) Soon to be windjammer gold, I like the fact that they did a 10 million buck financing later last year, and the drilling campaign to find more gold is spearheaded by one of the best in the industry. We are hoping to have over 10 million ounces of gold here, but I believe they have around 5 MM ounces now. I expect news soon after the name change occurs in Sept. Also, it appears insiders have been buying the stock recently. I am hoping for positive drill results to be released soon.
Ginguro Exploration (GNGXF) I posted a seperate forum on this one. I like the fact that Rob Mcewen has been investing and that it could be a MAJOR new find in Canada. This is my favorite current play. I am extremely excited about the potential to find something extraordinary! The downside is this will take time, but the makings are here for one to dream about (when I say dream, I mean potential to find over 100 million ounces of gold. Way to early to state this, but it is a Witswatersrand deposit in the making!!!!!!!!)
Sabina Gold and Silver (SGSVF) Most people probably know about this one. I like that they are cashed up with a big resource
Pretium resources (PVG) I also like the fact that they are cashed up with one of the biggest finds in Canada with high Grades. I believe they found 55 million ounces of gold.
Previously, I owned VANTFF, EXSFF, COLUF, BALMF, ANGCF, PNIKF in addition to the above, but I decided to consolidate some of my holdings
Edited by: BoldGold on Nov 8, 2014 - 5:19am