Mining success is not measured in ounces and dollars but instead by healthy margins, argues Robert Cohen. In this interview, Cohen declares that investors should seek out projects that will earn profits of 20%–35%, regardless of size, and takes us on an around-the-world tour of companies that hit this sweet spot.
Forget about the gold price. Forget about the copper, zinc and nickel price. Start searching out companies that can weather another few years of recovery, because it's unlikely mining companies will get any price relief soon.
With gold and silver equities markets as volatile as ever and assets of many miners valued at pennies on the dollar, Eric Muschinski, editor of the Gold Investment Letter, believes being on the right side of the emotional curve when investing is critical.
There are many aspects to the success of a rare earth element (REE) deposit being developed into a mine. Yet the question arises: Why are so many REE projects not put into production while standing still with “robust” economic studies?
As the price of gold rose upward, junior miners chased ounces at all costs. This was a huge mistake, says Eric Coffin, because it resulted in unexciting projects, low margins and a depressed market. New discoveries with high margins are the essence of the junior.
The best time to buy gold is when the market hates it, especially when it comes to junior explorers with market caps under $1 billion, asserts Ralph Aldis. In this interview, Aldis shares his main modeling themes and companies that fit the bill.
It's no surprise that Stephan Bogner advises investors to hold physical metals outside the banking system, but he also advocates mining companies keeping gold on their balance sheets and forming a cartel.
As impressive as shale gas and oil production has been in North America, Evan Smith expects 2014 to break records as producers move to a pure manufacturing process and drill multiple horizontal wells from a single pad. Smith tells us why a few of the companies in his fund had a stellar 2013, and why they could go even higher in 2014.
There's a saying that old love never rusts. James West might have broken it off with the gold space for a while, but he always knew he'd be back when the time was right. In this interview, West talks about what has convinced him to start shopping for gold stocks again.