|News about discovery stocks. It would be great to learn, for example, that LAT has been picked up by such-and-such letter. A discovery stock is one that, purchased early in the cycle, can rise quickly and, potentially, provide the original investor with a substantial improvement in life style. For starters, we are interested in the Beardmore-Geraldton gold camp in Ontario, where Kodiak Exporation KXL has uncovered several kilometers of mineralization with visible gold. |
In South America, we are interested in the hand-mined areas that have been claimed and are now being systematically explored by micro-cap companies such as Latin American Minerals LAT in Paraguay and Argentina, and Luna Gold LGC in Brazil. In uranium, an example of a potential discovery stock is Hathor Exploration HAT, which took over hundreds of thousands of acres of strongly indicative uranium claims through its acquisition of Rough Rider, and is now applying new 3D seismology to the prospects as a smarter way to aim the drill. Another part of this discussion is to monitor the most active funds and investor groups that take macro positions in microcap natural resource stocks, such as Pinetree Capital PNP.
Most of these stocks are Canada-based, but that is not a board limitation, simply a fact of modern life.
Do your own due diligence!