Wednesday, 27 August 2014

Brien Lundin Interview and Junior Stock Picks

Interview - HERE  from 13:00 on download.......notes below
  • Believes worst behind us, triple bottom, long term.
  • Gold Price near cost of production protects downside over longer term. 
  • High liquidity to benefit both stocks and gold
  • Majors still burnt from buying hogh in last cycle but matter of time before majors move on Junior development projects over next 12-18 months
  • Buying ounces in the ground avoid exploration risk. Own multi million oz deposits. Hold for the longer term to be bought for premium
  • Management is key, value can be diluted even for a good project, maximise value for shareholders
  • Seek opportunity for large project and gains, 10-bagger potential. 2002-7 were very frequent.
  • Learn to take money off the table
  • Likes
    • Kaminak Gold (KAM.v)
    • Fission (FCU.v)
    • Midas Gold (MAX.TO)

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