Amir Adnani's name should never be uttered in the same breath as any of the other management teams you mentioned as quality stewards of capital.
He has built nothing but a very high-quality marketing company with shit assets. UEC is a poster child of everything wrong with the Canadian mining industry.
Personally, I would be interested in hearing about the Chinese miners, including the new Zijin Gold spin-off. Either way it will make for some fascinating reading, and I can't wait. Thank you.
Dear Alexander, Thank you for the analysis. I was curious why you used 1,000 shares in the denominator rather than, for example, 1,000 USD of EV? While nobody seems to be mentioning OceanaGold, I find it a very compelling company given its debt-free balance sheet, active buyback program, strong free cash flow, exposure to good jurisdictions, capex-light growth profile (via both a robust expansion program and track record of exploration success).
Curious to learn about your framework as i am keen to stress test my personal gold longs: EQX, ARTG, KNT, GOT
Start with AEM, LUG and GMIN
Sounds good
Well said, so true and thank you.
Amir Adnani's name should never be uttered in the same breath as any of the other management teams you mentioned as quality stewards of capital.
He has built nothing but a very high-quality marketing company with shit assets. UEC is a poster child of everything wrong with the Canadian mining industry.
Dear Alexander,
Among the list shared above, I'm very curious and interested in your thoughts on B2Gold.
In addition to that, GMIN and ARTG could be interesting companies to study further for me with your valuable insights.
This is a fantastic idea, thank you very much
Hi Alexander, on your table, what do the colors mean?
Personally, I would be interested in hearing about the Chinese miners, including the new Zijin Gold spin-off. Either way it will make for some fascinating reading, and I can't wait. Thank you.
Silver miners?
Can not find out how to subscribe
Dear Alexander, Thank you for the analysis. I was curious why you used 1,000 shares in the denominator rather than, for example, 1,000 USD of EV? While nobody seems to be mentioning OceanaGold, I find it a very compelling company given its debt-free balance sheet, active buyback program, strong free cash flow, exposure to good jurisdictions, capex-light growth profile (via both a robust expansion program and track record of exploration success).
Please explain in the first table why NEM has more total reserves than the senior gold miners? This seems like an error, is it not?
Looking forward to the Uranium reports: UEC (Amir Adnani) and LEI are some of my largest holdings. Curious so see your take on it Alex.
Barrick, Newmont, Kinross, Alamos
I find the streamers interesting - like WPM, FNV, RGLD - which own parts of the biggest mines often.
It would also be interesting to focus on why AEM & KGC have been leading, while NEM & B have been lagging (amongst the biggies). And will this change?
And why do the Lundins appear to be more successful in most of their mining companies, while most others not (at least not to the same scale).
Can also please write about how to look at exploration companies? Cheers.