I haven't watched it all but I just subbed and I can't believe only 4 thousand subscribers, this just goes to show every retail investor is in technology stocks. And these majors are going to all be 10 baggers minimum. Companies like first majestic are going to trade at $200-300 when silver has a blow off top at $250-$500
Thanks Don, great overview - I own 16 of these stocks, hoping the next two months are better than the last two! But I am still buying at these depressed prices.
again a so informative video - thank you for this update ! .. and : happy x-mas btw : Endeavour Silver down 10 % was the perfect time for adding some 20 % in shares ... for me a little present ...
Thank you Don! I am a GSD member as well. Question: You mentioned Pantoro had a 3.5 downside with a moderate risk rating and Adriatic had a 3.0 downside but a lesser risk rating of “some”. Can you shed some light on what the difference is?
Hi Don, if I may ask you how you feel of newmont. It’s not in your video but just want to get your general idea and why it’s not in your top picks especially it has pulled back so much recently. Thanks
I own it in my 3 ETFs and 3 mutual funds. I use those for the big majors. I'm a fan of Newmont. My target is $150 at $4K gold. It's not a top pick since it is only a 3 bagger. You need to have 5-bagger upside to be a top pick. It's a good time to buy it to the bottom. I doubt we will see $33.
Hi Don, thanks for the update. Have you spoken to Galantas management recently on what their plans are moving forward? havent seen too many companies like this one getting beat down this much. Thanks
Hopefully, they will be at VRIC, and I can ask them. I saw them at VRIC two years ago. They have been making slow progress. It's frustrating for investors. They seem to be spinning in place while diluting shares.
Thanks Don! How do you feel of the most recent turmoil between Barrick and Mali that has been dragging b2 along? Do you feel it’s justifiable for b2 to trade down together?
It's having an impact. At some point, all the deals will be put in place. Right now, Mali is squeezing all of the big producers, and making up the rules as they go. There is no law, no certainty. It's a mess.
@@edwardchan4577 I'm a long term investor, so I expect these issues to be resolved. I'm bullish B2. But we can expect more bad news before this is all resolved. So, downward price pressure on B2 for a while.
Thanks for always sharing this valuable information. Vizsla Silver Corp and International Tower Hill Mines Ltd were missing from your list. Are they no longer on your producers list or they are a part of your development list?
Stillwater looks good as an optionality play, but I don't have a strong conviction it will be a 5-bagger. The key for them will be exploration success. They currently have about 2M oz AUEQ for their PGEs and AU, plus base metal offsets. So, it's currently a mine and will only get bigger.
endeavour and fresnillio trade on the LSE isn't this a limit to how much they can potentially go up as the LSE seems to be in terminal decline as a market?
Thanks for the video! I don’t own enough miners. - when you say something is a 3, 5, or 10 bagger, you are thinking of $4000 gold and $100 silver? Wouldn’t that be a little optimistic, but with the fear trade it might be the main factor.
@ yes we might even see GSR lover than 40 at $4000 gold, but miners being 10 Baggers at $4000 gold maybe your right. would be very Happy if my portfolio could 3x within the next 3 years
Good catch. Tax loss selling. I plan to rebuy on Jan 3rd. I owned this stock when it was Gran Columbia, and they had problems. So, I had some losses. But I like the stock.
@@DonDurrett Thanks. Actually NEM is my 4th largest gold holding although I never bought any. I got my shares when they took over FNV long ago and then Goldcorp. I never sold any NEM. I know Rick Rule and Adrian Day like AEM a lot more than NEM, but NEM produces twice as much gold as AEM and the stock price is half AEM's. Seems like NEM should do better if gold goes to 5K or 8K, especially if they sell off their smaller high cost mines and pay down debt. And NEM is the only gold stock in the S&P 500 and will be a go to stock in a roaring gold bull market. Guess I'll hang on.
@@DonDurrett Sounds like a good plan. Thanks. But just yesterday Rick Rule said gold may got o 8K or 10K, and Michael Oliver expects gold to go to 8K in 2 years.
@DonDurett The only debt Santacruz has is 40 million dollars to be paid to glencore before nov 2025. A 20 million ageq ounce producer trading at a mcap of 70 million$
@DonDurrett I greatly appreciate your work and follow every tweet and video of yours Don !! I request you have a look at Santacruz.. in 15 years of me looking at gold and silver mining i have never seen a valuation as compelling as SCZ..300 million revenue trading at 70 million mcap with a clean balance sheet..20 million cash no debt apart from 40 million to be paid to glencore by Nov 2025..60 million odd VAT receivable
Love to hear you're view on Altyngold ALTN.LSE $50mill cap 60mill debt payback over many years 9Moz Gold resource 3MOz Gold reserves 3g/t au + lower grade silver credits just ramped up plant to 1Mtpa goal to get to 2Mtpa = 100koz producer this decade ...target TCC= sub USD $800oz
@@DonDurrett yes woeful PR market has very little interest... late JAN we should get 4Q24 numbers see how the plant upgrade to 1Mtpa is going ... 65% owned +mgmt Kaz Billionaire mining family .. If they could up their game and say list on the ASX I'm sure they would catch a bid ... I like the plan to return 25% profit to S/H dividends ... not sure of AISC but even if profit margin USD $1koz will be impressive FCF
I haven't watched it all but I just subbed and I can't believe only 4 thousand subscribers, this just goes to show every retail investor is in technology stocks. And these majors are going to all be 10 baggers minimum. Companies like first majestic are going to trade at $200-300 when silver has a blow off top at $250-$500
You da man, Don! Thanks for sharing free content. Great info! Merry Christmas!
Thank you. Great work.
No Don, thank you for allowing us to hang in there!!
Thanks Don, great overview - I own 16 of these stocks, hoping the next two months are better than the last two! But I am still buying at these depressed prices.
Seems like small to mid producer are the sweet spot. God bless thanks Don!
great video Don. what selection criterias did you use in your database?
Don..you're a hard worker! Thanks for sharing, much appreciated! :)
Great Job Don!! Always enjoy a good video when the metals prices drop! Great timing!!!
Thank you don for your sharing of knowledge and insights every day
again a so informative video - thank you for this update ! .. and : happy x-mas
btw : Endeavour Silver down 10 % was the perfect time for adding some 20 % in shares ... for me a little present ...
Thanks Don and Merry Christmas. I watch all your videos and come back to them multiple times for a refresher of your numbers and info!!!!
Thank you Don! I am a GSD member as well. Question: You mentioned Pantoro had a 3.5 downside with a moderate risk rating and Adriatic had a 3.0 downside but a lesser risk rating of “some”. Can you shed some light on what the difference is?
Thanks Don
Excellent job Don, thank you.
Hi Don, if I may ask you how you feel of newmont. It’s not in your video but just want to get your general idea and why it’s not in your top picks especially it has pulled back so much recently. Thanks
I own it in my 3 ETFs and 3 mutual funds. I use those for the big majors. I'm a fan of Newmont. My target is $150 at $4K gold. It's not a top pick since it is only a 3 bagger. You need to have 5-bagger upside to be a top pick. It's a good time to buy it to the bottom. I doubt we will see $33.
Thanks for sharing
Hi Don, thanks for the update. Have you spoken to Galantas management recently on what their plans are moving forward? havent seen too many companies like this one getting beat down this much. Thanks
Hopefully, they will be at VRIC, and I can ask them. I saw them at VRIC two years ago. They have been making slow progress. It's frustrating for investors. They seem to be spinning in place while diluting shares.
@DonDurrett yeah its been a rough one, yet the big names keep pumping it like Mike Gentile. Maybe they're just trying to get out at this point.
Thanks Don! How do you feel of the most recent turmoil between Barrick and Mali that has been dragging b2 along? Do you feel it’s justifiable for b2 to trade down together?
It's having an impact. At some point, all the deals will be put in place. Right now, Mali is squeezing all of the big producers, and making up the rules as they go. There is no law, no certainty. It's a mess.
@@DonDurrettthanks! Your reply sounds to be more pessimistic than in the video for b2. Is there anything changed since the video was made?
@@edwardchan4577 I'm a long term investor, so I expect these issues to be resolved. I'm bullish B2. But we can expect more bad news before this is all resolved. So, downward price pressure on B2 for a while.
Thanks for always sharing this valuable information. Vizsla Silver Corp and International Tower Hill Mines Ltd were missing from your list. Are they no longer on your producers list or they are a part of your development list?
Both are developers. I'll do them next.
thanks Don, very thorough and informative
Any thoughts on stillwater critical metals or angkor resources?
Stillwater looks good as an optionality play, but I don't have a strong conviction it will be a 5-bagger. The key for them will be exploration success. They currently have about 2M oz AUEQ for their PGEs and AU, plus base metal offsets. So, it's currently a mine and will only get bigger.
Dont see JAG anymore?
I wonder how many folks get Endeavour Silver EXK and Endeavour Mining EDV mixed up? I did or told my daughter to make a trade for me. BTW Thanks Don!
endeavour and fresnillio trade on the LSE isn't this a limit to how much they can potentially go up as the LSE seems to be in terminal decline as a market?
Good one Don. Missing a couple of great companies on your list.
Producers with 5 bagger upside? Which ones? Torex and Evolution are missing. Who else?
What about Paramount Gold Nevada Corp. (PZG)?
They are a developer. I do own it.
Thanks for the video! I don’t own enough miners. - when you say something is a 3, 5, or 10 bagger, you are thinking of $4000 gold and $100 silver? Wouldn’t that be a little optimistic, but with the fear trade it might be the main factor.
Yes, $4K gold, and with a 40 to 1 GSR, you get $100 silver. My thesis is the US bond market breaks. That should easily push gold to $4K.
@ yes we might even see GSR lover than 40 at $4000 gold, but miners being 10 Baggers at $4000 gold maybe your right. would be very Happy if my portfolio could 3x within the next 3 years
Pull back the past month has been extremely humbling. I guess we keep holding though.
Don do you follow Cerro de pasco GPPRF?? IT LOOKS INTERESTING
I thought about buying it. I sent them an email asking about their royalty deal and they didn't reply. So I lost interest.
APM.V should have a HUGE 2025/26 $4-$5 from what I'm hearing ....
Not holding $ARMN anymore?
Good catch. Tax loss selling. I plan to rebuy on Jan 3rd. I owned this stock when it was Gran Columbia, and they had problems. So, I had some losses. But I like the stock.
NEM has just fallen from 58 to 37. Time to buy?
Yep. Time to buy to the bottom. I doubt we will see $30.
@@DonDurrett Thanks. Actually NEM is my 4th largest gold holding although I never bought any. I got my shares when they took over FNV long ago and then Goldcorp. I never sold any NEM. I know Rick Rule and Adrian Day like AEM a lot more than NEM, but NEM produces twice as much gold as AEM and the stock price is half AEM's. Seems like NEM should do better if gold goes to 5K or 8K, especially if they sell off their smaller high cost mines and pay down debt. And NEM is the only gold stock in the S&P 500 and will be a go to stock in a roaring gold bull market. Guess I'll hang on.
@@markmuch1295 Hang on. Don't sell until NEM reaches $150 at $4K gold. So, wait for $4K gold.
Yes, buy to the bottom. Buy at $37, $35, $33. I doubt it goes lower than $33.
@@DonDurrett Sounds like a good plan. Thanks. But just yesterday Rick Rule said gold may got o 8K or 10K, and Michael Oliver expects gold to go to 8K in 2 years.
No Mako? It’s literally a shark. Cash flowing mid tier.. already accumulating.. Can build mines in house..big backer..
Im FNV, EXK, EQX, VZLA, DSVR, SLVR, FGV, FF i will sit tigut and go find something else to do with my time and let them mature like a beautiful flower
wish Fresnillo would trade OTC Q! :)
They are arrogant not to support it.
@DonDurett The only debt Santacruz has is 40 million dollars to be paid to glencore before nov 2025.
A 20 million ageq ounce producer trading at a mcap of 70 million$
Good to know. I'll double-check their debt level and update my database.
@DonDurrett I greatly appreciate your work and follow every tweet and video of yours Don !! I request you have a look at Santacruz.. in 15 years of me looking at gold and silver mining i have never seen a valuation as compelling as SCZ..300 million revenue trading at 70 million mcap with a clean balance sheet..20 million cash no debt apart from 40 million to be paid to glencore by Nov 2025..60 million odd VAT receivable
Love to hear you're view on Altyngold ALTN.LSE $50mill cap 60mill debt payback over many years 9Moz Gold resource 3MOz Gold reserves 3g/t au + lower grade silver credits just ramped up plant to 1Mtpa goal to get to 2Mtpa = 100koz producer this decade ...target TCC= sub USD $800oz
It's not in my database. I'm waiting for them to update their company presentation, which is from 2021.
@@DonDurrett yes woeful PR market has very little interest... late JAN we should get 4Q24 numbers see how the plant upgrade to 1Mtpa is going ... 65% owned +mgmt Kaz Billionaire mining family .. If they could up their game and say list on the ASX I'm sure they would catch a bid ... I like the plan to return 25% profit to S/H dividends ... not sure of AISC but even if profit margin USD $1koz will be impressive FCF