Gold vs Gold Stocks and Thoughts On Radisson Mining
Brian Leni, Founder of the Junior Stock Review website joins me today to share his thoughts on how the gold stock are performing compared the rise in gold. While ETFs like GDX and GDXj are up today nicely there is still this general under-performance of the stocks compared to the breakouts in gold.
We also discuss a recent site visit the Brian was on to Radisson Mining (TSX.V.RDS). I was not up to date on the Company so I bounce some general questions off Brian to get a initial overview. Please email me if you have any further insights on Radisson or any questions for the Company – Fleck@kereport.com.
John Rubino, Founder of the Dollar Collapse website shares his thoughts on the falling markets, yield curve situation in the US and how gold is performing through all of this. We also discuss how the gold stocks are lagging and how gold stocks performed when the last recession hit.
Novo Resources – A Closer Look At The First Egina Trench Results
Novo Resources (TSX.V:NVO & OTCQX:NSRPF) released news today on the first trench results from the Egina Property. Quinton Hennigh, Novo’s President and Chairman joined me to provide some more information on the news and answer a couple questions. We discuss how this project is moving forward toward test mining and how the relationship with Sumatomo Corporation will further these plans. We also discuss a general time frame for the next steps at Egina and look at the options available to process the nuggets and finer grain gold when test mining.
Please keep the questions coming by emailing me at Fleck@kereport.com.
Quinton Hennigh, President of Novo Resources (TSX-V: NVO & OTCQX: NSRPF) joins me for a more comprehensive update on the work underway at Egina as well as answer some of your questions. If you missed the news release last week on Egina please click the link below. Some of the questions addressed deal with the aboriginal clearance system, land currently being sampled, and some finer details on the property.
If you have any further questions for Quinton please email me at Fleck@kereport.com.
Minera Alamos – Answering your questions regarding funding options, management, and Mexico
On the back of my first interview with the Minera Alamos (TSXV:MAI, OTCQB:MAIFF) President Doug Ramshaw there were a few questions and topics that we could not get to. Doug joins me for a follow up to answer some of these questions. We discuss the relationship between Minera Alamos and Osisko Gold Royalties. This ties in with a couple questions on funding options for the Company’s near term production assets. We also get some more information on the management team and the environment in Mexico for resource companies.
While at the recent Sprott Conference I had the chance to sit down with Christian Milau, CEO of Equinox Gold (TSX.V:EQX & OTC:EQXFF). The Company has grown from a single asset developer to a multi-mine producer in just two years.
Christian and I discuss all three of the projects in the Company’s portfolio. We outline the production profiles of each and the possible expansion opportunities when in production.
If you have any follow up questions for Christian regarding Equinox please email me at Fleck@kereport.com.
Portfolio management tips for metals investors in a rising gold environment
Over the past two weeks I received a lot of emails asking Daivd Erfle’s opinion on stocks that you all hold. Besides a couple companies that kept popping up the theme of overall portfolio management was addressed a number of times. This topic is the focus of our call today. We discuss the gold market but stay focused on the best way to manage a portfolio in this rising gold market.
How has a PM portfolio strategy changed since gold broke out?
It has been about a month since Erik Wetterling, Founder of The Hedgeless Horseman, and I chatted about the metals markets. Since that time we have seen the juniors start to play catch up to the gold price and major miner moves higher. We initially discuss if the recent action in the precious metals markets have changed his strategy. Then we wrap up the call with comments on the news out of Novo today.
Please email me with any questions you have for Quinton when I chat with him next week – Fleck@kererpot.com.