Gold Mining Stocks

[Captain_Chaza]

Ahoy there Good Captain Sean
It seems to me in your Ships' Log that you are not flying any of my Lithium classes of sail

IE: the LTR, the DLI, the INR , the LKE, the PMT, the GL1 and the LRS

As an Officer and a Gentleman
I wish you well against my Magnificent 7 LITHIUM classes of sail

Yes! I know I did not get all the best LITHIUM'S at the time but I did make up for it in DIVERSITY and VOLUIMES

Salute and Gods' speed

 

[Sean K]

Ahoy there Good Captain Sean
It seems to me in your Ships' Log that you are not flying any of my Lithium classes of sail

IE: the LTR, the DLI, the INR , the LKE, the PMT, the GL1 and the LRS

As an Officer and a Gentleman
I wish you well against my Magnificent 7 LITHIUM classes of sail

Yes! I did not get all the best LITHIUM'S at the time but I did make up for it in DIVERSITY and VOLUIMES

Salute and Gods' speed
View attachment 156823

Yes, I missed the boat! I was too busy sailing the seven seas while lithium took off. Got the tail end winds of AKE and IGO but didn't chase the tide. Potentially a big loss. Buying unloved metals in preparation for the next tsunami.

 

[Captain_Chaza]

Yes, I missed the boat! I was too busy sailing the seven seas while lithium took off. Got the tail end winds of AKE and IGO but didn't chase the tide. Potentially a big loss. Buying unloved metals in preparation for the next tsunami.

GOOD LUCK!

 

[Telamelo]

Gee whiz no love for a couple of African gold miner's on my watchlist
TIE @ 0.455c -5.21%
and
WAF @ 0.81c -4.14%

 

[Sean K]

Gee whiz no love for a couple of African gold miner's on my watchlist
TIE @ 0.455c -5.21%
and
WAF @ 0.81c -4.14%

TIE has failed to deliver on first pour and production rate, so far. With a history of broken promises, it's in the dog house. Wait for their next production report to see if it's in line with promises.

WAF, dunno. Has a capex requirement for the next mine which is always a downer. Maybe once that's settled on good terms it'll turn around. It might go through a second phase of the Lassonde Curve building up to production.

POG failing at triple top $2070 ish has not helped.

 

[divs4ever]

TIE has failed to deliver on first pour and production rate, so far. With a history of broken promises, it's in the dog house. Wait for their next production report to see if it's in line with promises.

WAF, dunno. Has a capex requirement for the next mine which is always a downer. Maybe once that's settled on good terms it'll turn around. It might go through a second phase of the Lassonde Curve building up to production.

POG failing at triple top $2070 ish has not helped.

was thinking NST's ann. today , wasn't taken very well , maybe i missed a nasty detail

 

[Sean K]

was thinking NST's ann. today , wasn't taken very well , maybe i missed a nasty detail

It's very ambitious, and sounds like a lot of money with no payback for 4.6 years. I've only read the surface of it, but I'm not sure where all the extra dirt is coming from to feed the mill. That's a lot of extra tonnage out of the current footprint. Going to take a lot more picks, shovels and wheelbarrows. Maybe another purchase of something trucking distance is on the cards? Not sure how they can stay out of debt and keep dividends coming with this commitment, but they say it can be done. Top 5 gold hub in 5 years.

 

[divs4ever]

It's very ambitious, and sounds like a lot of money with no payback for 4.6 years. I've only read the surface of it, but I'm not sure where all the extra dirt is coming from to feed the mill. That's a lot of extra tonnage out of the current footprint. Going to take a lot more picks, shovels and wheelbarrows. Maybe another purchase of something trucking distance is on the cards? Not sure how they can stay out of debt and keep dividends coming with this commitment, but they say it can be done. Top 5 gold hub in 5 years.

would have preferred Bill ( Bearment ) was still in charge , but alas , from memory NST has been better that average with ambitious plans the timing might be a little astray , NST has tended to be acquisitive maybe it has more targets/partners lined up ( offering scrip would be more attractive than some deals done recently )

 

[rcw1]

Good afternoon @Garpal Gumnut
Hoping to find you well, fellow northerner:

ALK - Tomingley (Holding);
CMM - Karlawinda (Holding); and
KAU - A 1 Mine (Holding) - Kaiser completed a Share placement to raise $0.9 million (before costs) which was announced in April 2023.

rcw1 likes gold.
Gold is good.
Due diligence applied may reveal a different view, each to our own really.

Have a great week.

Kind regards
rcw1

Any ASF members have a list of single deposit medium to decent size Gold stocks listed on the ASX ?

gg

Good morning @Garpal Gumnut
Hey CMM has taken steps to reduce its gold hedge book by 51,000 ounces subsequently providing further exposure to any increase in the A$ gold price over the next 15 months ... FYI anyways. Due diligence applied may reveal a different view, each to our own really.

EDIT: Holding.

Have a very nice day, today.

Kind regards
rcw1

 

[noirua]

Soma Gold Corp. - November 24, 2023 @SomaGoldCorp "Anticipating a strong finish to the year, we are actively ramping up production to meet our aggressive growth objectives for the year." - CEO Javier Cordova Https://x.com/SomaGoldCorp/status/1728094316185170009?s=20 Quarter 3 Report: Https://somagoldcorp.com/2023/soma-reports-third-quarter-2023-financial-results/ Soma Gold Home Growing Colombian Gold Producer Growing Colombian Gold Producer Welcome to Soma Gold, located in Colombia's Central Cordillera within the Bagre-Nechí gold mining district. About Soma Gold Soma Gold Corp. (“Soma”), listed www.somagoldcorp.com Javier Cordova, Soma’s President and CEO, states, “Our team has consistently delivered strong performance throughout the quarter, aligning seamlessly with our 2023 plans and guidance. Anticipating a strong finish to the year, we are actively ramping up production to meet our aggressive growth objectives for the year. Initiating the restart of the el Limon Mill is a key component of our strategy to expand milling capacity. This move positions us for increased production capacity and sets the stage for robust growth in ounces produced, extending into 2024 and beyond.”​

​

 

[Garpal Gumnut]

I'm about to have a very big bet on a Gold stock. Just one. I feel the POG is about to take off in a big way and wish to provide even more for my ungrateful family when I eventually cark it which is not imminent (as far as can be told).

What do ASF posters feel are the producing Australian Gold stocks with the highest Gold to be mined in the next 2 years and also in the next 5 years. I'm not really interested in the Hail Mary exploring stocks down the pre-production end. I've done a bit of ivestiga myself and will post as my fellow memebers (also members) post their particular favourites.

So my criteria are:

Gold Stocks
Aussie
Producers
Landing mined Gold over the next 2-5 years.
No Hail Marys
No "projecting " Stocks
Only Stocks with Gold for sale.

GOR looks tasty, but I hesitate.

gg

 

[finicky]

Seems a bit too risky buying only one GG.
Over 20 years in gold stocks now and I feel less confident in my judgement and gold stock predictability than ever.
Really they seem crap investments - always having operational problems, always spending hugely on sustaIning and 'growth' capital. Also voracious managements and highly paid employees.
As posted, about the only one I'm interested in adding is GOR, although the increasing weakness in the SSR price is giving me an itch. I'd be betting against the market by increasing my exposure to SSR though, never a good idea for an individual gold stock in my painful experience, e.g. I kept chasing DCN down (a producer) not to mention a disastrous accumulation of explorers that the market was 'neglecting', lol.
WAF (African mines but Oz operated) and SLR might be worth a look as those are the two that greg Canavan recommended diverting funds to after selling EVN. Grounds are relative cheapness chartwise but offset by higher risk.
GOR does seem safest but the Quarterly isn't out yet explaining the poor update; in particular the unexpected labour shortage. Not confident in the GOR chart yet either.
For a one shot GDX.AX might be worth considering if it approaches support around $40? I've never held but it is closer to being stable but hasn't the multi-bagger potential.

Holding: NST, RMS, SSR, WAF, RRL, GOR and physical metal account.

 

[finicky]

We should consider that any general market crash such as predicted by Felix Zulauf to occur in late Q1 or Q2 cal 2024 will take down gold stocks with it - before they recover with gold and ramped up money supply.

 

[brerwallabi]

I'm about to have a very big bet on a Gold stock. Just one. I feel the POG is about to take off in a big way and wish to provide even more for my ungrateful family when I eventually cark it which is not imminent (as far as can be told).

What do ASF posters feel are the producing Australian Gold stocks with the highest Gold to be mined in the next 2 years and also in the next 5 years. I'm not really interested in the Hail Mary exploring stocks down the pre-production end. I've done a bit of ivestiga myself and will post as my fellow memebers (also members) post their particular favourites.

So my criteria are:

Gold Stocks
Aussie
Producers
Landing mined Gold over the next 2-5 years.
No Hail Marys
No "projecting " Stocks
Only Stocks with Gold for sale.

GOR looks tasty, but I hesitate.

gg

As well as holding GOR, I also hold Emerald Resources their mine however is based in Cambodia it meets most of your criteria. Emerald will have a second mine operational down the track in Cambodia.
What I do like about Emerald (EMR) is whatever they say they achieve, so far.
They are worth a look but as always DYOR.

 

[divs4ever]

I'm about to have a very big bet on a Gold stock. Just one. I feel the POG is about to take off in a big way and wish to provide even more for my ungrateful family when I eventually cark it which is not imminent (as far as can be told).

What do ASF posters feel are the producing Australian Gold stocks with the highest Gold to be mined in the next 2 years and also in the next 5 years. I'm not really interested in the Hail Mary exploring stocks down the pre-production end. I've done a bit of ivestiga myself and will post as my fellow memebers (also members) post their particular favourites.

So my criteria are:

Gold Stocks
Aussie
Producers
Landing mined Gold over the next 2-5 years.
No Hail Marys
No "projecting " Stocks
Only Stocks with Gold for sale.

GOR looks tasty, but I hesitate.

gg

how about two that don't actually mine gold ( currently ) but receive a steady income ??

have a look at RND and TBR

( i hold RND ) both very illiquid and joined a lot closer than at the hip

there are several gold producers , but which ones can win the battle between rising costs and gold price manipulation

i suspect costs will start to blow-out for a variety of reasons

good luck

PS i also hold GOR

 

[Sean K]

I'm about to have a very big bet on a Gold stock. Just one. I feel the POG is about to take off in a big way and wish to provide even more for my ungrateful family when I eventually cark it which is not imminent (as far as can be told).

What do ASF posters feel are the producing Australian Gold stocks with the highest Gold to be mined in the next 2 years and also in the next 5 years. I'm not really interested in the Hail Mary exploring stocks down the pre-production end. I've done a bit of ivestiga myself and will post as my fellow memebers (also members) post their particular favourites.

So my criteria are:

Gold Stocks
Aussie
Producers
Landing mined Gold over the next 2-5 years.
No Hail Marys
No "projecting " Stocks
Only Stocks with Gold for sale.

GOR looks tasty, but I hesitate.

gg

Going large on one stock smells like trouble to me.

The gold segment has been very choppy over the past few years and the only way to do OK has been to buy dips and sell peaks if you're lucky enough to pick them. There always seems to be some surprise news like; cost overruns, mine and plant failures, blow out in AISC, and crappy M&A. That just about covers EVN's last three years.

GDX would be the safest play but there's not a lot of fun in that. I'm sure it will do OK if POG runs away though, but not as well as a successful individual stock pluck.

Maybe the RIH Dart Team could roll the dice...

 

[ducati916]

I'm about to have a very big bet on a Gold stock. Just one. I feel the POG is about to take off in a big way and wish to provide even more for my ungrateful family when I eventually cark it which is not imminent (as far as can be told).

What do ASF posters feel are the producing Australian Gold stocks with the highest Gold to be mined in the next 2 years and also in the next 5 years. I'm not really interested in the Hail Mary exploring stocks down the pre-production end. I've done a bit of ivestiga myself and will post as my fellow memebers (also members) post their particular favourites.

So my criteria are:

Gold Stocks
Aussie
Producers
Landing mined Gold over the next 2-5 years.
No Hail Marys
No "projecting " Stocks
Only Stocks with Gold for sale.

GOR looks tasty, but I hesitate.

gg

Mr GG,



Might be interesting if you can live with the vol.

jog on
duc

 

[divs4ever]

i rarely 'go large ' on any stock

i would rather take smaller positions on two or three stocks in any one sector ( where possible )

but that doesn't mean i include or exclude direct rivals

price/valuations is the key , for me

 

[anca]

I'm about to have a very big bet on a Gold stock. Just one. I feel the POG is about to take off in a big way and wish to provide even more for my ungrateful family when I eventually cark it which is not imminent (as far as can be told).

What do ASF posters feel are the producing Australian Gold stocks with the highest Gold to be mined in the next 2 years and also in the next 5 years. I'm not really interested in the Hail Mary exploring stocks down the pre-production end. I've done a bit of ivestiga myself and will post as my fellow memebers (also members) post their particular favourites.

So my criteria are:

Gold Stocks
Aussie
Producers
Landing mined Gold over the next 2-5 years.
No Hail Marys
No "projecting " Stocks
Only Stocks with Gold for sale.

GOR looks tasty, but I hesitate.

gg

KCN is looking good.
Has a few issues atm but ramping up to full production before the year is out.

 

[Sean K]

@Garpal Gumnut might be good to do a Top 3, or Top 5, preferred ASX gold stocks to narrow down the list?

I'm currently 30% gold and holding:

CEL, EVN, FFM, GDX, NEM, NST, PDI, PMGOLD, SR2, SSR, WAF, Physical PMs.

Most of them are crap and don't fit your bill.

If I did a top three that would fit your criteria it might be:

NST, WAF, GDX.

WAF and PDI are in my picks for the 2024 stock comp (huge risk) but if you look at the CTM chart for 2023 you should run away.