$$$ At Discovery Board, we focus on speculative plays in natural resources. Mostly gold and silver. Sometimes other precious metals, rare earth, or energy. We are not immune to trading, but we buy and hold core positions is special situations that we really really think have promise.
CURRENT HOLDINGS:
$$$ LEVERAGE TO THE PRICE OF GOLD Franco-Nevada Warrants of March 2012, strike c$32.00, no cap.
$$$ RARE EARTH ~ UCore Rare Metals. UCU.V / UURAF.PK For under 90 cents, and not a crazy number of shares, here is a company with some real nice rare earth holdings including its key propsect in southern alaska right near the water. lot of heavy REE mixed in with a quantified uranium resource. probably going to get a jv with somebody to put up a mill. Previously mined so that makes it a little easier. Good political connections in Alaska and Washington.
$$$ GOLD PRODUCER ~ Claude Resources, CGR / CRJ.TO. I own the warrants, CRJ-WT.TO. Strike price of c1.60, good until May 2013. I am in this because sometime this year I think they are going to make an important announcement about reopening Madsen mine shaft and mill, which they own along with 10,000 surrounding acres of land that includes past high grade underground gold mines besides madsen.
$$$ EMERGING SILVER PRODUCER Xtierra, XAG.V / XRESF.PK Silver with a gold kicker in Mexico. Sprott Resources is a new investor. Float is much thinner than it looks at first.
$$$ EMERGING SILVER PRODUCER NO. 2, Argentex ATX.V/AGXM This one only has 55 million shares and some powerfully large silver/gold holdings down in Argentina. I am looking for drill results coinciding with silver fever in the spring. It trades pretty good in the U.S. market too.
$$$ GOLD DRILL PLAY SPEC ~ High Desert Gold, HDGCF.PK / HDG.V Thin float, and I think there's a chance that Fronteer will buy them out to get the Silica Hill eastern nevada property back to 100 percent instead of a JV with HDG on top.
$$$ GOLD DRILL PLAY SPEC ~ Aurion AU.V /AIRRF.PK
$$$ NORTHERN DRILL PLAYS Pretium PVG.TO and Teuton Resources TEUTF.PK /TUO.V |
