Posted on 05/02/2012 9:22:39 AM PDT by appeal2
www.FinancialSurvivalNetwork.com presents:
Ron Hera joined us on FSN yesterday to recount a recent recommendation, which he provided on the last show. The stock we spoke of is being acquired at a substantial premium, but that certainly isn't the end of the story. Ron believes the miners hit a bottom on April 23 of this year, and by virtue of the economic realities currently taking place, they have no where to go but up. But then, there's the dividend story; so many of these stocks are raking in huge profits. With metals prices so high, even if they're not at their honest valuation, well positioned juniors are scoring big. By instituting dividends, the market will eventually have no choice but to award the proper earnings multiple. It all comes down to a waiting game, for which savvy investors will be greatly rewarded.
I have a whole list of mining stocks that aren’t making me any money.
What mining stocks do you like?
FCX - well diversified
TGB - @$3.00 and below, it has a huge gold mine but licensing problems. If they get the approval (over aboriginal objectives) the company is a four bagger
SLW - not technically a miner but a silver streamer. Look at the growth and profit margins on this one. Should be 30-40 % higher than what it is now.
Oh I forgot. THM is a long term hold stock. Somewhat speculative but it has a gold mine with infrastructure in place (near a road in Alaska). Buy @ $4/shr on dips and hold for the long term. GL
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.