However, if that scenario doesn’t appeal and you’d prefer to follow stocks that have a solid background and won’t suddenly surprise you by going bankrupt or something, here are the names of three junior mining companies with good people in charge, good mining operations and good financials…the only problem is that it takes time for the blind to grope around before they get discovered:
Fortuna Silver (FVI.v) up 3.5% at $0.90 and on big traded volume of 1.2m and counting. But screw that…why pay o.6X of NAV for a profitable silver miner when I can pay 1.2X NAV for a gold explorer that won’t mine an ounce in the next five years?
Troy Resources (TRY.to) UNCH at $1.13 and untraded today. Who gives a damn about fundamental value anyway?
Minera Andes (MAI.to) up 5% at $0.84. Rob Mac Who? Never heard of him…better to place my money in a company with a CEO who quit his job as an IR manager two years ago and now pays himself $120,000 a year plus options and exes.