Gold & Silver Mining Stocks

[image] History is going to rhyme. 🧐

[text] Tonight on my podcast, someone said that Australia could run out of diesel and impact their mining companies. Something to take into consideration as a buying opportunity if they get sold off. 🧐

[text] Newmont Mining: Q1 results. $3.1B FCF. 5.3M oz AU at $1050 AISC (byproducts of 9M oz AG and 30K tons CU). Cash balance $8.8B. Debt $5.6B. Dividend at 26 cents/Qtr (less than 1% per share). $6B buyback planned. I would prefer that they pay off their debt instead of the

[image] Best Aussies.

[image] My big winners today. Up 8%, but still down big from the recent ATH. Which of these will be 10-baggers? 🤔

[text] Mid-Week Macro The war in Iran continues. Oil is at $86. The S&P 500 is at 6774. Those prices are surprising, considering that the Strait of Horumuz is closed. Those calm prices won’t continue if the Strait remains closed. Both of those numbers assume the war will end quickly

[image] Eric Sprott increased his position in Honey Badger. He now holds 26M shares FD, which is 8%. 🧐

[image] I'm sure he wasn't the only one who got bucked off. There won't be any posers left. Congrats to the diamond hands. 🧐

[image] And $200 is as easy as pie. 😉

[image] Guanajuato Silver. Q1 results. 600K oz AGEQ at $53 AISC. Net income $6M. Cash balance $30M. Debt $17M, which is a gold loan. Ugly AISC, but they print as a potential 30-bagger at $200 silver. Hopefully, they won't dilute shares this year. It appears to me that some companies

[image] We should do a poll for how long it takes him to change his mind. 😂 While discussing Agnico Eagle Mines (AEM), he explicitly stated: "I'm not bullish on gold right now." Jim Cramer made the comment during the "Lightning Round" segment on Mad Money (aired May 7, 2026, on CNBC).

[image] My winners today. No surprise that Lahontan finally caught fire. It has been ridiculously cheap. Still is, but you likely will get a chance to buy it cheaper after this recent run. 🧐

[image] Chart of the day. 🧐

[image] Americas Gold & Silver came out with guidance for 2026, and shares are off around 15%. Short-term investors tend to control the price. But if you focus on the long-term, it's pretty juicy. 🧐

[text] Burkina Faso is demanding the right to own 40% of West African Resources' mine. They already have 15% free carry. Now they are demanding the ability to purchase an additional 25%. They will receive 40% of the profit. Orezone Gold and IAMGold both have large mines in Burkina

[video] My latest.

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[video] Gold mining stocks are for speculators, and not investors. Wall Street only buys them when they have no choice. In other words, they will only buy them to avoid getting fired, or to get a bonus. 😂

[image] Silver Storm: Achieved first pour on schedule. They are now a producer. If they achieve their PEA cost target, their current annual FCF run-rate is around $50M, with a 6 FCF multiple.

[text] Hint: We're running out of inventory. 😳

[image] Sunshine Silver IPO coming. Idaho silver development project. $2.3 billion valuation for 300M oz = $7.50/oz. Let's compare comps. Honey Badger (400M oz): $274M = $1.45/oz. BMC Minerals (400M oz): $674M = $1.68/oz. Vizsla Silver (360M oz): $1.3B = $3.60/oz. Blackrock Silver

[image] My biggest winners today. Starting to get retracement back to the old highs.

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[text] Greatland Resources (my crush 🥰) reported a large increase in resources at Telfer. It now has 8M oz, plus another 7M oz at Havieron. Plus, 645Kt of copper at both sites. If that doesn't get you excited, they have $650M in cash and no debt. Plus, their current annual FCF

[text] Equinox Gold to acquire Orla Mining in a merger of equals (2% implied premium). My reaction: I own both. I like it. This makes Equinox a juggernaut. They both print as 6-baggers on GSD at $7K gold. Combined, they could be a 10-bagger with their synergies -- if gold exceeds $7K.

[image] Gold down $150. The HUI down 50 points. When the gold bull bucks, it bucks hard. Buckle up and hang on tight. Ride the train. Buy the dip. Remember Gary Sinise in Forrest Gump: You call this a storm! 😉

[image] Been there, done that. 😂

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[image] I posted this yesterday (I'll repost for those who missed it). I quickly review the Newsletter Favorites.

[image] My winners today. Early winners are likely going to be the big winners.

[image] I just posted this. I review my favorites, sorted by quality.

[image] Warren Buffett: $400B cash hoard. 30% of his fund. He was also 30% cash in 2005, before the last recession. He can smell a recession arriving. 🧐

[text] My grandfather was an inventor. I never considered myself an inventor, but I invented my method for valuing gold/silver miners, my Share Price Forecast Tool, and my Compatibility App. Plus, my AI video (coming out soon) is kind of an invention. I explain how we will solve all

[video] This especially applies to gold/silver mining stocks. 🧐

[image] Pan American Silver: Q1 results. 6.4M oz AG. 169K oz AU. Updated guidance for 2026. 26M oz AG and 725K oz AU at $17.50 and $1850 AISC. Cash balance $1.6B. Debt $850M. Did not pay down any debt. They plan to buy back 21M shares in 2026. Dividend increased to 72 cents/share =

[text] I did the podcast last week. I share my screen and show him several 10-baggers at $200 silver. It's a good one. 😉

[text] 27 reasons why gold is going higher, and the stock market is going lower. 🧐 1) Debt Bubble. This has led to fiscal dominance and a $2T deficit and $1T interest payments. 2) Fragile US Government bond market. Foreign buyers have dried up. 3) Geopolitics. The Ukraine and Iran

[image] Coeur Mining: Q1 results. 96K oz AU at $2500 ASIC (without New Gold), 4.4M oz AG at $24 AISC. $267M FCF. The AU AISC should drop next Qtr. Cash balance $843M. Debt $761M. Did not pay off any debt. Current FCF multiple 10. FCF will increase next Qtr with New Gold's production

[image] Honey Badger acquired the Prairie Creek mine. After the deal, my target price is $15. Seems crazy, but that's what I get at $200 silver. With that much upside potential, you also get very high risk. This is not an easy project. Only invest what you can afford to lose. That's

[text] Don. I know you've discussed this before, but I can't remember how you justified SLVR holding 18% physical silver, given this is effectively just another layer of paper claims rather than real ownership of bullion? My reply: I chase 10+ baggers (I currently own 165 stocks). To

[image] See you tomorrow. 😉

[image] 1911 Gold borrowed $30M to restart their mine. A bit of dilution, but overall, a good deal for them. Here we go! 👍

[text] Avino Silver & Gold: 387M oz AGEQ. Currently, only producing 2.5M oz AGEQ. Do the math. 😉

[video] This scene was 18 years premature and on the wrong topic. In the movie, they focused on fraud bringing down the financial system. Instead, it will be the debt bubble that brings down the financial system. That scene was a warning. Fraud almost crashed the system, but we were

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[text] Mid-Week Macro On Monday, Trump said he was ready to end the war. On Tuesday and today, the markets rallied. Gold loves a trending S&P 500 and ripped from its recent correction low of $4100 to $4793 today. Silver ripped from its recent low on March 23rd of $61 to $76. Tonight,

[image] Gold and silver should open higher in NY in the morning. 🧐

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[image] New SeekingAlpha article: Silver Miners with High Upside Potential. Note: You do not need to sign-up to read this article. Use the link below and then click on the first article.