There are many low priced and junior mining stocks that we follow on our valuation screen, for them, the bottom line was, is and will always be the amount of assets a company has in the ground and how much will it cost to take them out.  We have been researching a number of those that are down precipitously in price but may not be “down and out.” We are following the stocks listed below and many others as well (too many) but our analysis suggests that it will prove to be quite worthwhile. By the way, we do not care what the large U.S. brokerage houses think, such as the ones that needed bailouts just to keep them out of bankruptcy. 

Take a look and better yet, visit their corporate sites that each company has describing its exploration, projects, management and other important facts. A little bit of extra research by any private investor, analyst or broker can offer surprising rewards.   As in any situation, be certain that any investment makes sense to you.  All the stocks we are researching are at or very near their multi-year lows in price.  We will have a list of stocks and updates regularly.

Keep in mind that the primary reason the mining stocks are down sharply in price is due to today’s low price of gold bullion which makes gold mining unprofitable. With the average total cost to produce an ounce of gold at between $1200 to $1500, the current price of $1200 is insufficient for most mining companies. However, in many cases, the prices of the stocks have dropped to levels that seem reflect the price of gold remaining under $1300 an ounce which our analysis does not agree with. Our cyclical and fundamental research suggests a positive market for gold and many of the mining stocks sooner rather than later.  

                                                     What we are monitoring-for a start                                                                   

“Claude Resources”  CRJ…. Producer and has produced over 1,500,000 ounces in the past, three year price range $2.80 to today’s .12 cents, insider buying,  heavy insider (officers and directors) ownership,

“San Gold”  SGR….Manitoba gold producer, three year price range form $4.10 to .08, now .10 cents, officers/insiders are buyers,

“Monarques Resources”  MQR,  .11 cents ….new company acquiring valuable projects in our opinion at fire sale prices, has several projects we find interesting,  Price high .34 cents to .08 cents, officers are buying shares,

“Cartier Resources”  ECR,  .10cents, Quebec gold and copper exploration, heavy officer buying from the price highs to the lows, price range .60 cents to .05 cents,

“Entre  Gold”  ETG, .30 cents, mineral exploration in Mongolia, large price decline due to Mongolian government attempted tax changes, could be corrected, range from  $3.47 to .24 cents, insiders buying,     

“Argex Titanium” RGX, .72 cents, has enormous reserves of Titanium among its minerals, moving to production, three year price range from $1. 48 to .33 cents, today .68 cents, insiders buying, told me what they were going to do in 2011 and did it. 

“Niogold”  NOX, .11 cents, has three year price range .55 cents to .05 cents, heavy recent officer/insider buying,  Measured  and Indicated Reserves over 1,500,000 ounces of gold, solid cash position.

We are analyzing many of the 1400 or so mining stocks in Canada.  The key is to be there early.  December 26, 2013        Thank you,  K.C.