Everything is harder in a bear market.
Explorers have to work incredibly hard to raise money. It takes immense effort to attract attention for good results. With everyone lacking cash, it takes forever to negotiate a deal. Most companies are down to a fraction of their former workforce; each employee has far more to do so any one task takes far longer.
I hear it from everyone. For me, my main task is finding opportunities to profit in the mining sector and that is definitely far easier in a bull market.
But there are opportunities out there, both in the short term and in the long run.
In my newsletter I have recommended three stocks in the last six weeks. One is already up 30%. Another is an arbitrage opportunity where – provided you have confidence that deal will close, which I do – you can spend $0.25 today to be paid out between $0.35 and $0.40 in cash in a few months, a gain of 40 to 60%. The third is up only a touch so far, but it put into the portfolio the most best exploration project in the world for the mined commodity with the most bullish outlook – uranium.
Finding these opportunities is not easy. It requires time and expertise. You have to keep abreast of commodities, which requires continual assessment of macroeconomics. You have to understand geology and capital markets and risk and infrastructure and permitting and metallurgy and promotion. And you have to have access to management, because I want to talk directly to the people who would be spending spend my investment dollars.
I can do all these things because it is my full time job. For everyone interested in mining investments who works outside of the sector, it’s nearly impossible to keep up.
You need people on your team. I’m biased, but I think newsletter writers are a good place to start as long – as you know what you’re getting.
The newsletter world got murky in the last bull market. Envious of the respect and response newsletter writers got for their words, a swath of IR groups started putting out newsletter-like content. But there is one massive difference: they get paid to write up a company.
The newsletter writers I like do not take money from companies. Their endorsements cannot be bought.
That is how I operate as Resource Maven. It is also how Eric Coffin of HRA Advisories and Brent Cook of Exploration Insights operate. We all write about what we are buying and what we are selling and why.
And on January 23rd we are hosting a conference in Vancouver that will bring together a select group of those vetted companies for a day of corporate updates and shop talk.
In one day, Metals Investor Forum attendees will get:
The list of presenting companies is not yet finalized, but confirmed at this point are:
It is going to be a fantastic event. These are all strong companies with exciting stories to tell (and another 5 such companies will be added to the list before the event). The audience will be made up primarily of folks who subscribe to Eric, Brent, or me – but we reserved a few tickets for other interested investors.
If you’d like to join us on January 23, CLICK HERE and reserve your ticket today!
For more information, check out www.metalsinvestorforum.com
In her letter, Resource Maven explains what she is buying and selling, and why. Maven has bought into several of the markets best - performing stocks well ahead of the curve. She regularly identifies exciting new exploration opportunities and manages the inherent risk by selling some into speculative gains. And the mine builder and operator stocks that form the basis of the portfolio give strong, ongoing leverage to the rising prices of gold and silver. She has your precious metal bases covered.
I am really impressed with your very high quality work as well as the Quantity. Your communication skills are outstanding. Thank you very much indeed for being a source of sense and wisdom in these unprecedented times.
Thank you so much for this excellent Maven letter. Your market analysis and logic is again exceptional. Your insights, knowledge and feel have given me a wonderful couple of hours. I am now planning my activity. I look forward to seeing you tonight on the Virtual Metals forum, I am pleased that you start first as I am a morning not a night person.
I hope you and your family stay well.