I have for some time now viewed Seabridge Gold (NYSE-SA: TSX-SEA) as my favorite company for trading gold’s swings. Its volatility is due chiefly to its owning some of the highest levels of gold reserves in the world in British Columbia, anchored chiefly by the flagship KSM Project. Thus, as I have long written, I view Seabridge as I once did the old Bema Gold (acquired by Kinross just over a decade ago) — as the BEST, leveraged play in the gold space; a “long-term, unexpiring call option on gold” if you will.
But even a great many that follow the metals space have been asleep as Seabridge has become something even more than that. Beyond perhaps the best leveraged play on the gold price, the company now boasts total copper resources as well of some 35 billion pounds.
And most recently, billionaire hedge fund manager, philanthropist and gold bug John Paulson chose Seabridge as the company he wanted to place perhaps THE elite exploration play in the U.S. into!
Read all about this transformed, powered-up company!
The Abitibi Greenstone Belt in eastern Canada is one of the premier mining regions in the world; and one where a new wave of both discovery and consolidation in the industry is underway.
One of my themes these days is to find THE elite stories/plays here and get my Members in before everyone else catches on. We have already done that with one previous recommendation; Falco Resources has more than tripled since I urged buying it, despite the gold price being essentially unchanged.
I.M.O. the next big story to burst out will be Monarques Gold, an explorer and possibly soon a producer which “ticks all the boxes” as you’ll read in this report. Its best attribute is that analysts/institutions are only now finding out about it!
Two big long-term investment themes right now are:
1. Stabilizing energy prices (albeit at lower levels than their extremes of $100+ per barrel for oil and double-digits for natural gas) while global demand stays strong and
2. More aggressive infrastructure spending the world over, as governments seek to make up for weak economic growth otherwise and as the necessity of decaying old infrastructure and burgeoning new populations demand it.
Enterprise Group is a company with a presence in both sectors and –as of this posting and Special Report — has clearly turned a corner following the energy slump of the last few years. But even after some recent strength in its share price it still sells for scarcely more than a third of its book value!
Cornerstone Capital Resources (TSXV-CGP; OTC-CTNXF) has risen “bigly” since early last year; but the best may still be ahead of us! The above is a brief update I sent out to our audience just recently; stay tuned for an update to my broad, company-specific report on Cornerstone!
NOTE: To go directly to the company’s own recent update CLICK HERE.
In this summation of my recent two-week trip to Ecuador, I discuss the resurgence of that country’s mining industry and opportunities; a story that most investors and even analysts are as yet unaware of. Among other things, this means that those who learn what I have uncovered and written and act to take advantage of many a ground-floor opportunity (among others, I discuss one of my recommendations, Cornerstone Capital Resources, and it having a piece of what is widely believed to be the next world-class copper/gold porphyry in NW Ecuador) could be happy they did!
While the Toronto Venture Exchange — home to the great majority of junior natural resource exploration companies — has shed the majority of its value since the secular peak for commodities back in 2011, the price performance of Frontier Lithium (the former Houston Lake Mining) has been a different matter. FL shares have about TRIPLED over the last couple years; and for good reason. The company continues to enlarge the high-grade Lithium resource at its PAK Lithium Project in NW Ontario. More impressive, it has continued to move this high-grade resource toward production by spending relatively little money! Slowly — and as the FL rally bucking the trend in the dour resource markets only begins to reveal — the news of this especially-favored, technical/ceramic grade lithium deposit is beginning to get out. And the company may soon REALLY make a splash when the results of a pending bulk sample are released in the coming months.