Loading ...My favorite is Abitibi Royalties RZZ.v its only going to get better as the months go by. For starters McEwen owns 14% of Abibiti and the current CEO puts every cent he makes after taxes back into it.
AEM just said last Friday they are going to build a underground ramp for the higher grades where Abitibi has even more royalties. They only have 12 mil shares plus they are buying them back.
Abitibi has had a pretty good run however there is a cheaper way to play it with GZZ.v (Golden Valley )as they own 44% of the Abitibi shares. GZZ should be over a buck right now but many don’t like the CEO and thats the only reason the share price hasn’t moved like Abitibi. That ca$h from 44% of Abitibi has to show up in the share price someday so be patient. I think the only thing Rob McEwen has is in common with the GZZ CEO is that they both like $$$$$$$$$$$$$$$$.
I’m not a short term trader but I like all three Osisko plays……..Osisko MiningOSK.v, Osisko Gold Royalties OR . Osisko Metasl OM.v for the zinc shortage. If the shit hits the fan like Venezuela you have to be in US and Canadian mining shares. McEwen and Reid (goro) can’t come and say that Mexico has become a shithole even after he got robbed but they went to good ole safe Nevada for $pending their next project $$$$$$$$$$. Both McEwen’s MUX and Reid’s GORO have ore on the pads for 2019 production increases.