Casimir is a small investment bank that seems to underwrite a lot of junk (like Roth Capital, Rodman and Renshaw, etc.). I am currently trying to go through all of the stocks they have underwritten recently for potential shorts. I’ve compiled a list of these stocks as a Google document with borrow costs from IB. […]
The idea behind this is to buy assets for much less than they’re worth. You try to buy easily valued assets (cash, stocks) at a discount. I don’t really like this style of investing. The problem is that many of these companies have terrible management. The discount can be described as “here today, gone tomorrow”. […]
(This company is not worth shorting unless its share price were a lot higher.) Canadian Zinc’s flagship property is the Prairie Creek property. It used to be a mine that opened in 1982 and shut down the year after. It must have been a horribly uneconomic mine to have shut down so fast. Fast forward […]
I haven’t been having a good year so far. Going into the year, I was basically long QXM/XING, long natural gas, long junior explorers, short long-term US treasuries, and short some US stocks (AGNC and JOE mainly). These were all the wrong trades to make. My stock picking has not been good since I would […]
As somebody interested in investing, I want to figure out how to generate unusual returns from mining stocks. Here’s a look at what “worked” in the past.
Right now there is a lot of carnage in my portfolio.
By largest positions first: #1 – QXM and XING (see writeup). Very shady, very undervalued if it isn’t a complete fraud like most Chinese reverse merger stocks. #2 – Premier Gold (PG.TO) I own this because Hardrock Resources was taken under by Premier. I plan on selling everything at a higher price than what it […]
When I read NI 43-101 reports, here are some of the red flags I look for. If I see these, it means that the rest of the technical report probably uses overly aggressive assumptions. Future commodity prices. It is reasonable to use the 3-yr historical average. Now if you are bullish on a commodity then […]
Fraud, deception Fraud, e.g. Bre-X. Junior mining companies are almost always extremely promotional. Many of them will try to deceive investors into paying more for shares of the company than they otherwise would. Some of these forms of deception ARE NOT STRICTLY ILLEGAL. Or if it is, the perpetrators aren’t ever going to get punished […]
