Mining Stock Investing for IDIOTS – Part 2

I’ve been using a very simple yet effective strategy for picking mining stocks and in this video I’m sharing with you that strategy.

There are 2 very important requirements:
1. The management has to have been successful in the past.
2. The stock has to be cheap.

In this video we will be looking and various companies run or founded by the serially successful entrepreneurs: Robert Friedland, Robert (Bob) Quartermain, Amir Adnani, Keith Neumeyer, and Neil Woodyer.

We will be reviewing the companies: Ivanhoe Mines, Ivanhoe Electric, Dakota Gold, Uranium Energy Corp, Goldmining Inc, Uranium Royalty Corp, Gold Royalty Corp, First Majestic Silver, First Mining Gold, and Aris Mining.

Never make any investment decisions based on my videos. This sector is very risky and this should not be considered investment advice. Always do a lot of your own research before investing your hard earned money.

#miningstocks #goldstocks #silverstocks

There’s an investment strategy that I’ve been using with a lot of success and it has two Simple Rules number one is that the management had to have been very successful in the past preferably multiple times and number two the second requirement is that the stock is cheap

This is part two of my mining stocks for dummy series and we’re going to build a portfolio together in this video using companies that meet these two requirements first up is Robert Friedland Robert friedin is one of the world’s most successful Mining financiers and we have two companies of

His that we’re going to consider adding to our portfolio number one is Ivan home mines so as you can see Ivan home mines stock has performed very well over the past five years now although the stock price is way up this actually isn’t a bad valuation in my opinion however I

Wouldn’t call it cheap so we’re going to keep keep it on our watch list and if the valuation of that company declines by a substantial amount well then maybe we’ll consider picking some up the next Robert friedin company is ivanho electric although the stock price of

Ivanho electric is down quite a bit in the past year I still wouldn’t call it cheap I still think it’s a pretty expensive stock compared to what assets they have and there’s a lot of unknowns in the company they’re using new technology that we don’t know how well

It’s going to work so I’m going to hold off on buying ivanho electric for now next is Robert Cain Robert Cain started out his career at Tech where he had a lot of success and then he built silver standard resources from nothing into a huge company and then he did it again

With preum ended up selling that Bruce Jack mine for I forget the amount but I think it was a few billion dollars and his current project is Dakota gold for a while I thought Dakota gold was just way too expensive and by the way when I’m talking about cheap or expensive I’m not

Talking about the stock price like a $10 stock can be cheaper than a $2 stock because what we’re talking about is their market cap relative to what assets they have so for a long time I thought Dakota gold was overpriced and it’s finally getting down to the point where

I could start to buy a little bit I’m not going to aggressively buy at this point because I don’t think they have enough in their portfolio but I am willing to invest some money in this management team at this price and I’ll look for a better price to add even more

To my position the next super successful entrepreneur that we’re going to look at he has a few companies and that is air adani and the first company we’re going to look at is uranium energy Corp it trades under the symbol ueec and as you can see it has run up like crazy over

The past few years now if they had added a lot of value in that same amount of time it might not be so overvalued um now during that period of time the uranium price has gone way up which is a big contributor to the stock price going

Up so much but at this current stock price and considering what assets they have I think it is way overvalued and there’s no way we’re putting it in our portfolio at this price the next admira Nani company that we’re going to look at is gold mining

Inc so for a while I thought gold mining Inc was way overvalued however I think now today we can get it at a pretty good price and gold mining Inc is definitely going in our portfolio the next ad mirani company is uranium royalty Corp trades under the

Symbol uoy and with this I think today we’re getting it at a pretty decent value so I think we can put this one in our portfolio something about adir and Nani is that he has so many companies that he’s involved in he’s a CEO a director

Or a chairman in every single one of these and he’s also involved in other companies that you and I can’t buy because they’re private my one big hold up with Amir and Nani is I’m afraid he’s spreading himself too thin being involved in so many companies however I

Have to admit that God knows what he’s doing and he knows how to promote his companies and he knows how to run companies very well and apparently can juggle a bunch of different ones at the same time normally that’s a big red flag but he seems to be one person who’s able

To do it so because he’s involved in so many companies I might not put so much money into each one of these as I would invest in some of the other companies that I’m going to invest in but the next one on our list is gold royalty cor it

Trades under the symbol groy and of the admir and Nani companies we’re going to be looking at today this gold royalty Corp is the one that I would put the most money in so that is going on our list next super successful entrepreneur that we’re going to look at is Keith new

He has two companies that we’re going to look at and the first one is first Majestic silver the stock price is way down over the last few years so by that it looks cheap but you could make an argument that the company is actually still not cheap because they’ve had some major

Problems however given Keith’s history in turning around mins I think that they’re going to be able to make it work and also I think first Majestic silver will be one of the better performing companies in what I think will be an upcoming bull market in silver so we’re going to put first

Majestic in our portfolio and the second Keith newm company that we’re going to look at today is first mining gold this is a gold development company in Canada they have two Pig projects in Canada and the developers are hated right now so you look at basically any gold developer across the

Board and their stock price looks something like this I think first mining gold is very cheap right now so we’re going to put it in our portfolio and when we get a change in sentiment I think that this one is really going to take off the next super successful

Entrepreneur that we’re going to look at today is Neil woodier and the company is RS mining so RS mining currently has two operating gold mines in Colombia and they have an enormous growth pipeline over the coming years I think they’re going to build out their company to be a

Million ounce per year producer and if they’re able to do that over the com coming five or 10 years this stock price is going to go crazy so we’re putting RS mining on our list as well by the way don’t take this as investment advice and always do lots of your own research

Before investing any of your hard-earned money especially in the mining sector because the mining sector is very risky if you’d like to see part one of this video I covered some other entrepreneurs and their companies and we have another list of eight more companies over there

So click on this video right here and I’ll see you over over there