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Week 1, Day 2
My favorite online platforms are SteadyOptions and NavigationTrading.
Both are premium subscriptions (i have been a subscriber of both), BUT offer inredible educational content and break down their actual strategies (that are profitable).
Learning the basics of spreads, and reading Sheldon nattenberg is all good stuff (and should be required reading... but for me options didn't really 'click' until i was trading actual profitable strategies. Tony Saliba's book on Options is also a fantastic no-nonsense resource.
My favourite gold miner is a little different. Soon to be listed on the ASX will be E3S (E3sixty). Essentially they take e-waste as whole items (phones, laptops, tower computers, PCB's etc) requiring no deconstruction - batteries and all - and process them in a way that produces cleaned emissions and a synthetic ore containing between 150 and 550 gpt gold (depending on feedstock). Aluminium and steel frames and chassis are recycled and significantly cover operating costs. Importantly the synthetic ore is not amalgamated so all elements can be recovered including gold, silver, copper, palladium, platinum, rare earths, lithium and cobalt.
This co solves a staggering ecological problem (ewaste is brutally toxic), securely destroys data, and recovers that which has already been mined in an exothermic way allowing heat/electricity capture. Metrics on profitability cannot be shared at this time due to the proximity to listing suffice to say that I know of no other zero cost primary gold miner.
Get in touch for more information.
Being based in Australia I love the Australian gold miners. I am a mining engineer from Canada but primarily with experience in the gold industry in Western Australia. Australian mining practices are best in the world in my experience, with highest levels of production and best implementation of new technologies.
I think Northern Star is a fantastic company that I am buying into as the price dips at the moment. They have great mines (resource and reserve metrics), are a relatively low cost producer, and have an excellent mangement and operational structure with a history of success. They have a proven track record, and as a dividend paying gold miner this is another attraction for me. They have just merged with Saracen, and gained some great assets from them and inherited some great people from them. They are also branching outside of Australia and bought their first overseas mine in Alaska.
Another company I like is Newcrest as they are a bulk, low cost producer, and I think will fair very well when we eventually see a decent uptick in gold price. They have an opportunity for very very high profit margins if the gold price increases significantly due to their very low mining cost profile.
A more speculative pick would be Resolute mining with a key project in Mali that has been underperforming, that I think they will turn around, and I think their share price will rebound well.
On a side note, I am no chartist, but is... (More)