The Commodity Compass

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Osisko Development: Unusual Geology is the Risk
When difficult geology meets excellent management, it is almost always the difficult geology that wins.
Nov 30 • 
Alexander Stahel

Recent posts

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The Calm Before the Thaw: Europe’s Natural Gas Market Finds Its Balance
Winter is Coming
Oct 31 • 
Alexander Stahel
K92 Mining - A Tier 1 Opportunity in the Making
A "Special Situation" in the Gold Mining Space
Oct 27 • 
Alexander Stahel
Lundin Gold: A Geological Unicorn, Priced for Perfection
Fat panel, high grade, real optionality; patience required at 1.7× NAV
Oct 20 • 
Alexander Stahel
Alamos Gold — A Picasso That Gets Better with Age
How Land Optionality and Discipline Compound Value in Gold Mining
Oct 15 • 
Alexander Stahel
Running on Fumes: How refinery strikes and Urals economics threaten Russia’s oil output - and its regime
A data-driven look at Russia’s oilfields and refineries—and the risks to tomorrow’s barrels
Oct 7 • 
Alexander Stahel
Grasberg: Why the World’s Wettest Block Cave Mine May Never Restart?
Freeport’s Grasberg Copper Gold Mine: More than “Force Majeure”…!
Sep 24 • 
Alexander Stahel
Content Guidance: Gold Miners Next
What to Expect Next
Sep 7 • 
Alexander Stahel
The Commodity Compass
The Commodity Compass
Independent in-depth research, unearthing commodity truths. Value-based fundamental investment approach. Sticking strictly to our circle of competence. Obsessed with data and company fundamentals.
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