business lunch

the resource investment community is still alive, despite the so depressed commodity prices ...

following 6 companies presented their stories in cooperation with jochen's swiss resource company in munich:

source: the company presentation in 2013

• inca one gold (TSX-V: IO) ~ processing of gold ore in peru ~ i've bought few more shares as it is one of very few commodity companies in my portfolio which didn't collapse in 2013 or in 2014
• timmins gold corp (TSX: TMM, NYSE-MKT: TGD) ~ gold production in mexico ~ all in costs approximately $1,000 per ounce ~ current gold price $1,200/oz ~ i've bought a small initial position approximately at USD 1.35
• rye patch gold (TSX.V: RPM) ~ gold + silver in nevada / usa ~ royalties from the rochester silver mine (operated by coeur d'alene, all legal issues between coeur and rye could be solved) + exploration ~ my former investment is probably 30%-50% down
• avanti energy inc (TSX.V: AVN) ~ small producer of oil in brazil and in usa from wells which were often 'left behind' 
• falco resources (TSX.V: FPC) ~ gold exploration in historic rouyn-noranda camp in abitibi / quebec / canada ~ i've bought a small initial position approximately at approx. CAD 0.54
• cortez gold (TSX.V: CUT) ~ gold-silver concentrates processing in mexico ~ my limit order for an initial position was fulfilled few days later at CAD 0.45
• HDI rathdowney rersources  (TSX.V: RTH) ~ a Hunter Dickinson Inc. company focused on a zinc project (planned commercial production in 2017 - 2018)  in poland. additional assets are a discovery stage zinc project in ireland and a 16% interest in HDI heatherdale (TSX.V: HTR) which has a devolopment stage copper-gold-zinc-silver project in alaska / usa

source: http://www.rathdowneyresources.com

 why do i buy so much stuff despite falling commodity markets? well, thanks to my peace activism (#OccupyWallStreet movement) i've learned that in order to save the world somebody should do it. but who is somebody? yes, you are right: all of us are somebody ~ me, you, our neighbours and their grandma ... so do not wait for somebody but start by yourself ... and thus in investing i buy few shares, some physical metals and i hope if many of us will do the same we can change the precious metals markets in our favorite direction .... => go gold bugs go and let's crash the fraudulent paper money system ... which among other things allows bankrupt states like USA, GB, FR, GER, ITA, ukraine, ... and its small dirty NATO armies to start (and to finance) wars all over the planet :-( ...

more coming soon or never :-)

precious metals fair in munich

munich, new city hall

a great event, as always :-)

• day zero ~ a passion lounge with zimtu capital in the office of cm equity group in the very center of munich ~ of course ive welcomed the chance 2 walk a little bit through the streets of munich and yes, after 20+ years in munich ive visited the city hall's tower for the very 1st time (shame on me, i know) ~ city hall pictures 
• day 1 ~ the key speaker 2day was (billionaire + gold bug) eric sprott ~ sooo many booths of sooo many companies fighting for attention of investors + newsletter writers ~ many busy bullion dealers have sold sooooo much (physical!) gold + silver i believe ~ low quality fast food in between ~ many interesting presentations (at 3 stages) ~ coin dealer's pro aurum reception in the evening
• day 2 ~ the key speaker was james turk, ive visited also few other presentations and talked to the company representatives of my portfolio's stocks i didnt manage to on the 1st day :-)

miranda gold's CEO ken cunnigham + me ... btw, miranda is my oldest (still independent) stock in my portfolio, currently struggling like hell ;-(

few more pictures from the gold+silver+commodities show? just move here + enjoy

any investment ideas? well i will prolly post few comments abt some companies ive been impressed most (and bought few shares) when i will have some time to do so and link that stories in the list below. do u agree, my dear?

• amerigo resources ~ soooo undervalued, profitable, dividend paying chile based Cu+Mo company
• baha mining ~ they havent been at the show, i just spoke to a buddy of mine abt them :-)
• cap-ex ventures ~ bad, bad timing ~ 3 weeks ago was the price justr 1/3 of 2days level :-(
• colt resources ~ tungsten + gold in portugal, a rob mcewen company
• dynasty metals & mining ~ highly recomended by one of the magazines out there
• endeavour silver ~ one of my all-time-favorites
• equitas resources ~ copper, copper, copper ... btw, by my purchase of few stocks on day zero (wednesday) ive increased the value of the company by CAD 500,000 ... yep, i was the only buyer and moved the stock price 10% higher  ... hmmmm, strange junior mining stocks ;-)
• 1st majestic silver ~ 
• focus metals ~ graphite & graphene in canada
• focus minerals ~ my dear australian cannibals
• gogold resources ~ bad, bad timing ~ yesterday was the stock CAD 1.33 (ask price) but i hadnt any money on my account, today CAD 1.54 :-(
• orex minerals ~ new project of orko silvers mngmt
• ovoca gold ~ gold in russia
• rio alto mining ~ gold in peru
• rye patch gold ~ gold in nevada, highly recomended by one of the magazines out there
• scorpio mining ~ my biggest portfolio position
• tamaka gold ~ private company, going to go publich in late december / early january
• etc

btw, i didnt get a picture with the key speaker this time (canadian billionaire eric sprott) cos i didnt like to wait for a break between his countless interviews  ... and yes, billionaires are fellows like you and me, they just patiently answer questions and try to explain their attitude