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Latest Stock Buy or Sell?

Today, Brent Cook commented about whether TK-X, AMZ-X, MRZ-X, PG-T, AMZ-X, GSR-X, ROXG-T, IVN-T, RGC-X, LRA-X, MAX-T, SSRM-T, AU-X are stocks to buy or sell.

COMMENT

Mining. There's a lot more smart money into the sector. It's a good time to look at these stocks. He's positive about minerals. His method of evaluating a company hasn't changed from five years ago. He's still looking for the highest-quality deposit. He wants to be involved in a discovery early on to attract a buy-out from a major. Exploration hasn't been that successful in the past 10 years, but the industry still needs new discoveries. Now, the juniors are willing to do this exploration, moving to a place and doing work through locals, whereas a major that moves to, say, Mongolia is a big deal.

Unknown
COMMENT

Gary Cohn quits White House. Another one bites the dust. Trump is an imbecile. As the Mueller investigation goes on and ties between Trump and Russia are exposed, we're looking at potential impeachment a year from now, which will be negative to the U.S. dollar, which by default is positive in the gold price.

Unknown
WATCH

He visited their prospect in Finland last fall. Excellent managers and geologists. Drilling has been more difficult than expected. They have $15-20 million still going, and joint ventures with Kinross. He's now waiting to see if they've found something substantial.

Mining
WATCH

It's really hard to find a silver deposit, so that's probably why they moved away from silver operations.

precious metals
BUY

Has known this for a long time. Based in Idaho. A high-grade deposit in a difficult location with environmental issues on the ground that they can solve. (Salmon can't get past the pit.) It's a good deposit. The best undeveloped gold deposit in the U.S.

oil / gas
COMMENT

He knows it well and their president. Their recent project hit 220 meters almost 0.5% copper in Brazil. He sees the potential for a lot of ton, so now it comes to grade. He's looking for 200 million+ tons of 0.5% or better. Their
game plan is to bring in a partner after discovering a few more holes.

precious metals
DON'T BUY

He doesn't invest in building small mines like Redstar. They continue raising money to build it, so market share is increasing, but your market share price is flat or declines. He wants something that's good enough that a major will buy it out.

Mining