City Investors Circle Watchlists
As we approach the end of the year, it’s an ideal time to review not only one’s portfolio, but also the watchlists on this site.
I’m looking for vibrant companies moving projects forward, preferably well funded, in safe jurisdictions. One or two have not made the cut and will be removed or downgraded.
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City Investors Circle Watchlist Adjustments
As we approach the end of the year, it’s an ideal time to review not only one’s portfolio, but also the watchlists on this site.
I’m looking for vibrant companies moving projects forward, preferably well funded, in safe jurisdictions. One or two have not made the cut and will be removed or downgraded.
So far I have sold most of my Minera Alamos, and also sold Argosy Minerals, both in my personal portfolio.
I am removing Minera Alamos from the top tier of companies we follow, and placing them in the second tier for now. They are still in production, and they may be promoted again once either production increases or the Cerro de Coro mine is permitted and construction commences.
G Mining Ventures will go into the top tier to replace Minera. They are fully funded, construction is on target and budget, and they will be in production in around 7 – 8 months in Brazil, a tier 1 jurisdiction.
I am also adding Calibre Mining * as they have followed their purchase of Fiore Gold with another of my stocks, Marathon Gold. This diversifies them significantly from sanctioned Nicaragua, as most of the future production will be in North America.
* N.B. This has yet to close and there could be an alternate bid, so we have to be aware of that.
In tier 2 both Lithium Power and Marathon Gold are being removed, both having recently been acquired.
Moving down a tier are Boab Minerals, Canuc Resources, Rockmaster, and Westhaven Gold.
ASX listed Barton Gold is moving up, and West Red Lake Gold Mines, South Star Battery Metals, and Nevada King are added.
I am adding Delta Resources to tier 3.
I think these changes will give the watchlists a fresher look, and the incoming companies should provide plenty of newsflow in 2024.
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If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com
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City Investors Circle is based in the financial district in the City of London
We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.
Our audience is selected and invited individually to ensure interest and relevance for the presenting company.
Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.
We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.
If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com
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This website is not sponsored, we are truly independent, and will always remain so.
Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.
All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.
These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.
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Disclosure
At the time of writing the author holds shares in Calibre Mining and Minera Alamos.
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