COUP D’OEIL…QUICK GLANCE AT SOME MINERS
From our www.Canadianmineanalysis.com site.
There are more than a few mining stocks that we have monitored in the past……some have seen superb moves up in price over the last two to three years and much more upside may be on the way. Some have had large moves up already so be careful, don’t chase. Some have been disappointments…of which we are reminded almost weekly-in French and English!
TOP OF THE LINE FOR NOW…..RICHMONT MINES, “RIC” We first noted this at slightly over one dollar Canadian and under one dollar U.S. Saw over 900% move up, with higher gold prices this could be a large mover……was a 900% return, still up 700% plus,
CLAUDE RESOURCES (acquired) We pointed out this at the .30 cents level, we were justified as it was acquired by and now is SILVER STANDARD “SSO” at $13 which has exceptional potential….naturally the need is a silver bullion price rise. Claude was a large percentage return.
ALEXCO “AXR” Canada’s largest exclusively silver producer has suffered harsh correction due to the much manipulated silver bullion market to levels that could be a superb opportunity. Now at $2.20 was over $8 in 2011, has solid cash position and large silver resources. Higher silver prices will have effect. We like this company and its management. We like the weakness to buy
OSISKO “OSK” at $2.70, it offers potential and has outstanding management and directors, good properties as well……has a large cash position and excellent properties in Quebec and Ontario.
HPQ SILICON RESOURCES “HPQ” .16 cents; spin off of their gold properties coming, also has large deposits of Quartz and innovative mineral treatment that could offer surprising results. However until further lab results are in, investors must wait. Don’t chase just invest on weakness. We had originally recommended this at .05 cents when it was Uragold.
CARTIER RESOURCES “ECR” .22 CENTS….. We consistently recommended ECR from .05 cents to .16 cents in the past, superb projects with large level of reserves already in place, our judgement was justified as mining major Agnico recently bought a 20% position in ECR.
KINCORA COPPER “KCC” .43 cents, has large copper gold project in a prime location in Mongolia, very large investors have positions in Kincora, good management,
QMX GOLD “QMX” .23 CENTS, we expect this to be a Lazarus stock which is a stock that literally could “be coming back from the dead.” QMX has a large area in Val D’or area in Quebec, located in one of the most successful mining areas in Canada, this could be a “dark horse.” Large QMX shareholders include very respected mining companies in size.
WE RECEIVED PHONE & EMAIL QUESTIONS ON THE FOLLOWING COMPANIES
NAPIER VENTURES “NAP” .33 CENTS, Exploration company with a copper project in Arizona that in our view could be exceptional, still going through the normal early stage activities, good experienced management team, at up to .40 cents it may be a buy
GOLDEN TAG “GOG” .05 CENTS, silver properties in Mexico, we would pay up to .065 to .07 cents.
PELOTON MINERALS, “PMC” .08 cents, a new company with a project in Nevada that is still early stage but in a very good area, management is experienced. Up to .12 cents for now, it is interesting to us.