well, the next year of the munich mining conference aka rohstoffmesse aka edelmetallmesse is over. i was on the 2nd day, saturday afternoon. i liked its new location in the motorworld münchen areal with all these presented (mostly private) sport cars like ferrari, bugatti, maserati, mclaren, lotus, morgan, rimac, ford mustang, porsche, mercedes + of course also many cars produced by my employer BMW and also some funny + historical ones. the most valuable of them in glass garage slots or behind a partitioning fence .... of course, i enjoyed to walk among the many, many motorworld visitors and look at all that beauty after the fair. there were also cafes, restaurants, few shops like model cars + electronical games as well and on top a nice christmas market outside 😊
was the location and the event itself also good for the mining companies, which after all pay quite lot of money for the booths and thus make the mining show possible? most likely not. there were far too few visitors, if you asked me. on top, like already last year in the olympia park, there was not a single sign outside the building and even nothing inside at the moving staircase up to the mining conference area, so that visitors would easily find it. it is quite far away from the center too, so not really easy to reach. well, i'm not sure whether in the city center would came significantly more visitors, if any. why not? because minig + exploration + the whole raw materials business is imho just something for gold bugs + special kind of investors, not for the broad investment community. btw, the key note speakers were just 2nd or even 3rd class guys, there were no world wide known guru like analysts, books + newsletter writers, investors, mining experts like in the previous years till 2022 ...
there was s.th. good too: i liked the idea that if you speak to a mining / exploration company and collect at least 5 stamps, you take part in a lottery with realy nice prizes: 5 books + 10 one silver ounce coins (they cost aprox 65 EUR) + 5 bigger silver coins in a wooden box, thus most likely 5 oz coins (320 eur) + 5 golden swiss 10 SFR vreneli coins (440-500 euro). a funny anecdote? at the booth of my favorite company out there, we have collected 5 stamps of their fellow exhibitors like 10 minutes before the lottery started and i gave that card to the 17 years old son of a fellow long time precious metals & commodities investor and you know what? this card won one of the 1 oz silver coins. he was really happy abt that 😂
well, when here, i've bought two small silver coins at a bullion dealer's desk, met few guys i know for years, both fellow investors and mining companies CEOs + other representatives i know from the previous events like the jack stoch of globex mining ... so it is always nice to come to the mining conference for me, you know?
there were 7 companies i have already in my portfolio among the almost 50 exhibitors:
- globex mining (GMX:TSX) => imho still a really undervalued company with enough cash, no debt, a waste amount of mining properties for diverse metals in north america, already quite few royalty streams which provide some cash flow ... => with globex, i've almost tripled my investment which i've started via my major investment account 17 years ago and subsequently increased from time to time => [my average share price is 0.77 CAD, current price is 2.10 CAD]. btw, i have few more globex shares in a different bank account which i've heavily used till 2008 with smaller amounts available when i was young. my dears, i apologize, but i'm both, too lazy and too tired in order to look it up now ... nope, lets look there ... ohhh, i thought my old investment will be at significantly lower price, but it wasnt. my average there is approx 1.50 CAD per share. let's not speak abt globex's 0% dividend policy + inflation + CAD/EUR rate since 2008 yet, my dears 🕗
- starcore international mines (SAM:TSX) => gold + silver producer in mexico with higher production volumes coming soon. the current P/E ratio for Q2/2026 is 2.66 when the information in my broker's app is correct, so i'm confident that with the hopefull soon rising Au+Ag prices will that investment return in the profit zone => [my average price 0.81 CAD, current price 0.27 CAD]
- PTX metals (PTX:TSX-V) => they've 1 copper + 1 gold project in ontario, canada => even if just a micro cap explorer company without any cash flow yet, i somehow liked the conversation with their pretty manager carolina orrega + the upcoming prospects, so lets subscribe for the investors newsletter and watch their development more closely => [the average price of my small initial starter investment bought after the 2025 mining conference is 0.103 CAD, current price 0.065 CAD]
- royal road minerals (RYR:TSX-V) => explorer company with properties in colombia + saudi arabia + morocco (copper) => i did not invest in royal road directly. there was a failed company tigris resources limited which after (almost) bankruptcy changed its name to royal road. my small initial position is worth almost nothing today. thx goodness, it was just a few hundred euros trial => [my average price 11.42 CAD, current price 0.185 CAD]
- altamira gold (ALTA:TSX) => i've somohow missed their corridor & booth ... well, i'll look up their recent development on the internet ... i did! heaven & hell! i've lost already more than 90% of my money invested with their gold + copper exploration in western brasil and unfortunatelly, it was not a small share like the royal road one above 😱 => [my average price 2.06 CAD, current price 0.19 CAD]
- international tower hill (ITH:TSX) => they've left the conference before i could speak to them => gold explorer in alaska, usa => [my average price 0.96 CAD, current price 2.17 CAD]
- first mining gold (FF:TSX-V) => they've left the conference before i coud speak to them => gold explorer in canada => [my average price 0.474 CAD, current price 0.66 CAD]
well, when i would manage to reduce my other positions i currently hold on margin till the end of the year, i would increase my stake in globex & starcore for sure and most likely a little bit in PTX as well 😇
the globex mining team at the munich mining conference
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the austrian mint münze österreich + bullion dealer schöller münzhndel
one of the conference rooms for speakers
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morgan (UK)
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one of the small + really nice conference rooms out there
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chevrolet (US)
bugatti (IT)
ford (US)
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mercedes G (DE) re-designed by brabus tuning company.
you could currently buy it for 1.85m euros (!!!)
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xmas market
you'll find just (very) few more mining conference + motorworld pictures here.
the last year's event 2025 here.
the last full house event with a different event operator in city's transport museum in 2022 here.
eof
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