Archives for March, 2013
Greetings Last month’s note aired my frustration about momentum and herd mentality dictating market terms, rather than cold hard facts. Hence, being able to advise, or predict, the direction of resource equities is at best difficult; at worst a mug’s game. This week I’m going to take a “devil’s advocate”…
Coppermoly holds some very interesting copper-gold-molybdenum resources in PNG, with huge upside potential. However, the company has languished at a market capitalisation of around $6 million for the past year. This does not remotely reflect asset value; but to be fair, many other junior resource companies are in the same…
This article is the second in a series on the Ilo Norte project. Read the first article here, and an overview of Latin Resources here. The geology of Ilo Norte comprises a sequence of volcanic and sedimentary rocks, up to 600 metres thick, that dips moderately to the north-northeasteast. The…
Elements at risk of supply (often referred to as strategic minerals/metals) have made headlines over the past couple of years. This has been a direct result of China re-imposing export quotas on those elements where it is the world’s leading supplier. One of the biggest price bubbles due to supply…
It is often difficult for investors to assess the potential economic value of exploration results. In particular, the low grades that are characteristic of large, disseminated, copper-gold systems. These systems are typically Porphyry-style deposits, but can also be of Iron Ore Copper Gold or Replacement style. Either copper or gold…