with a few hours to go, it's time to wrap the year.
Finishing YTD at +129.6% 🙏

$GDXJ ended +6.5%, $SILJ minus 5.1%

took some time to write down what i did different
1/ First, letting my winners ride. The single most important one in discovery investing. Evaluate the case and don’t be shy to average up when the co is as cheap as it was when trading 5x lower. My winners became OUTSIZED winners. multiple 2x and a few home runs 10x plus stocks.
2/

Gold attacking ATH's.
While a lot of investors are focused on Silver, i proved over the last year as much money can be made by carefully selecting Gold Juniors.

here is my top 5 for 2024 ranked in terms of position size. Always DYODD
👇 1/5FDR.v Suriname – very aggressive exploration, doubling in 2024 – multi-million ounce potential over two sites - super short assay time - bi-weekly news flow – majors sniffing around – supertight share structure - very sexy buy-out target

The helicopter survey confirms data that says the claystone model within the entire basin is highly prospective….13 newly identified targets.  All 4,800 hectares $GMV.v

Tacker pass 2.0?

https://twitter.com/jrminingnetwork/status/1729833551925789030

Add to this the historical encountered grades of 20.000 ppm Li (ten times the average of Thacker Pass)

a 10 m thick unit would present approximately 2.5 x 10 x 48,000,000 tonnes ~ roughly 1.2 billion tonnes

In my humble opinion we are sitting on a monster here.

memories of a miners' madness cycle

miners tend to be a very poor investment, most of the time
except for some periods: we are at the edge of new miners' madness.

miners' madness arises when A) gold makes all-time highs + B) there is a very long base.
/1 Wrong examples are often cited. the right examples are so long ago that only veterans remember them.
Historically, there are only 2 previous times where both Gold made ATHs after a very frustrating baser building combined with a long-stretched downward trend in miners.
/2

Well, we already know how this ended 🥳

Snowline is putting out banger holes at a rapid pace now

Filling in gaps + stepping out at Valley

In coming weeks they'll drill 3 other targets, 2 of which were never drilled before

/1

$SGD.V
@SnowlineGold

https://twitter.com/266493985/status/1671149752119963650

The 1st hole of the Valley drill season yielded:

418.3m of 1.88 g/t Au incl 216.0m of 3.1 g/t Au !

Followed up by a hole that extended the near-surface high grade corridor by 75m:

414.5m of 1.53 g.t Au incl 143.5m of 2.92 g/t Au
So far 8,000m drilled ➡️15 results pending

/2

As planned, the publication of last season's drill results is neatly followed up by the start of a new drill program

Drills are turning again at both the 1.4Moz Taurus deposit at Cassiar North as well as Cassiar South project

$GLDC.V
@CassiarGold

/1

https://twitter.com/266493985/status/1623687205922213891

To reiterate: Cassiar's projects saw historical production and have infrastructure both on and in the vicinity of projects

-A highway going through
-160km of property road access
-An airstrip
-An own & permitted 300tpd mill
-Camp site with power and water

+ Mining permits!
/2

Drilling season is upon us for many Canadian juniors !

Grande Portage being one of them as they're firing up the drills as we speak

Currently trading at $12.8/oz, so still an early entry for this very high grade gold explorer

$GPG.V
@grandeportage
/1

https://twitter.com/266493985/status/1625868126532341760

I'm expecting sentiment in this sector to have made a 180 this summer, when gold will be comfortably above its all time high

That's also the time when many will be publishing their first drill results from 2023 programs

Many newsflow-rich juniors offering great entries
/2

It appears that sentiment was not yet at the bottom and delivered better opportunities

E2Gold now trading at $5.8 per oz in resource, whilst nothing changed since this thread

Financing closed and plans announced for coming months👇

$ETU.V
@e2gold
/1

https://twitter.com/266493985/status/1643984416757407750

Always good to see insiders acknowledge these opportunities and capitalize on them

E2Gold issued 2.9 million shares and now we learn almost half of those were taken by director David Good
Formerly VP exploration at the $1.16 Billion Marathon PGM project from Sibanye-GENM👀

/2

why is $GDX down minus 8% (and in a beautifull uptrend with higher highs and lows) and many juniors 35%+ ?

it's the premature fear of an investor that the upcycle has ended after a multiyear torture.

buy-and-hold morphs into the buy-and-hope during bear markets.

/1 after a multiyear downcycles we saw 2 nice upcycles (fall 22 and feb 2023)

there is no place for hope in a portfolio - only for value conviction & hope must be punished.

it is the final feat before a stock with only strong hands left can leave on a new bull market.

/2

Drills turning at Copaur's flagship Kinsley Mountain in Nevada

Details are out on where they'll be looking for more of that high grade gold the project is known for

3,500m following up on new discoveries and infill drilling

$CPAU.V
@CopAurMinerals

/1

https://twitter.com/266493985/status/1639273042583928833

Last drilled in 2020 and yielded some of the highest grade gold ever on the project

Western Flank now has dozens of multi-gram metre intersections

75m outside the pit shell they hit 9.83 g/t Au over 7.6m
& discovered a new zone Secret Spot, yielding 1.77 g/t Au over 25.3m

/2

Impressive to see how little interest there is in the mining sector.
this must be a multiyear low, TSXV daily volumes are telling.

Either traders and investors have disappeared behind a paywall, drifted off to other asset classes, or have soured and been defeated.
/1

https://twitter.com/1334926014/status/1640782675366785026

over 24 months i used the miners bear market to bolster my portfolio with alpha.
regardless of what the metals do, there should be room for appreciation, independent of pure leverage on the underlying metal price.

hence my main focus is on exploration, not producers.
/2

Stelmine Canada released results of their drill program on the 100% owned Mercator project

Drilling focused on the prioritised Meridian zone and results correspond with the high grade gold found in channels and grab samples

$STH.V
@StelmineCanada

/1

https://twitter.com/266493985/status/1610647837343088642

The company drilled 13 holes for 1,950m on an area that lit up a large chargeability anomaly

Furthest drill holes about 1.5km apart so quite aggressive approach
5 of 13 holes yielded significant intersections with gold values > 1.0 g/t and widths between 1.45 m to 17.80 m

/2

Things are moving at Altamira's Cu-Au porphyry target Santa Helena

Biking distance from Anglo American's Jaca porphyry discovery

First ever drilling delivered some outstanding high grade gold hits & now more signs emerging of a porphyry

$ALTA.V

/1

https://twitter.com/266493985/status/1600140326152413185

First drill program at Santa Helena yielded

- 44.8 g/t Au over 0.8m from Dorival Sul
- 10.4 g/t Au over 0.9m from Tucura
- 1.2 g/t Au and 9.2m from Tucura

These coincide with the high grade gold grab samples up to 171,6g/t gold & Au-, Cu- and Mo soil anomalies
⬇️

/2

Sylla published their drill results from last program $SYG.v

Drilling focused on Niaouleni South prospect, one of 8 high priority drill targets

The drills added high grade near surface gold, expanding the mineralised footprint to 700m and still open

/1

https://twitter.com/TheLastDegree/status/1615721275984322562

The goal of this program was to step out from the previous HG hits and expand the strike

Both objectives were successful, as they hit 4.92g/t Au over 15m incl 14.9g/t over 4m to the south

4.28g/t over 6m incl 17.7g/t over 1m to the north

still open to N, S and depth
/2

Seems like some are finally waking up to the mad leverage offered by GMV Minerals

$GMV.V
@GMVMinerals

The good part is, even after yesterday's move, EV is still at roughly the same level as last thread, while we're approaching the gold high mentioned

/1

https://twitter.com/TheLastDegree/status/1605210258661679104

$2,080 gold would represent an after-tax NPV of $230M for the Mexican Hat project

Or a possible X23 should the enterprise value balloon to that level - possible in bull markets

Adding another 7.7% to 2,240 -easy target for gold- represents a possible X27 from current levels
/2

Another one that hasn't moved yet...

This one had many projects making it hard for the market to value, so they spun some out into a new company

This had an lagging effect on the shareprice

Now they're leaner, cashed up and will be coming back with a better focus

/1 olden Sky Minerals has 3 drill ready projects in Yukon + 1 in BC

Exploring for gold and copper
$AUEN.V

Earlier shareholders will get shares in the new company Thunderbird Minerals, in which 3 other projects will get brought into

Will discuss this one in the future
/2

A detailed drill plan coming from @BrunswickExplo1 soon

So much has happened in past months, time for an overview

Their search for lithium bearing pegmatites spread to the West of Canada

As they now also have projects in Manitoba and Saskatchewan
/1

https://twitter.com/266493985/status/1599776177840951304

Both reliable jurisdictions with some of the best outcrop exposure in Canada

Most of these pegmatites are on the Trans-Hudson belt, already hosting lithium deposits

Manitoba has the only producing Li-Cs-Ta (LCT) mine in Canada, but very little exploration has been done
/2

Silver X Mining officially declared commercial production of their Tangana Mine unit $AGX.v @Silver_X_Mining

CEO García's plan is to become the next Hecla, Fortuna, First Majestic

For that, there's a plan that seems attainable given how well they've grown already

/1

https://twitter.com/TheLastDegree/status/1600858087417577475

Production already growing significantly even though Q4 presented one-off challenges wrt logistics shortages

Even with that, they produced 101% more compared to 4Q21:
↗️302Koz vs 150koz AgEq

Second half of 2022 produced 159% more AgEq ounces 2H21:
↗️673Koz vs 260Koz AgEq
/2

Having a great team behind a junior is an asset in itself

It builds confidence in the investment and it shows up in the shareholder registry

The following Tier1- project generator hasn't moved that much yet but considering catalysts lined up that's about to change

/1 Minaurum Gold is focused on making Tier 1 discoveries in Mexico

$MGG.V
@minaurumgold

That's a claim we see a lot in this sector, but when it comes from a team that's discovered 16Moz gold and 300Moz silver then the odds of delivering on it increase substantially

/2

The key to profitable investing in junior mining is making your conviction beat contradicting market signals

Since
@AbraSilver
discovered their JAC target -357g/t AgEq over 87m- the shareprice has gone down by 14%, while silver rose 18% 🤔

$ABRA.V

For future reference 👇

/1 Results since that discovery show this is an ultra high grade silver deposit outside of the main pit

JAC will likely be a second pit with favorable metallurgy as also mostly in oxides

This week they hit the highest grade intersection at JAC to date:
871 g/t AgEq over 27m!

/2

A team of heavy hitters from Great Bear, Rio Tinto and Anglo American got together to focus on high quality open pittable silver assets

That caught my attention

Especially considering the sizable resource (173Moz Ag, 772Mlbs Cu and 73koz Au), low valuation and catalysts

/1 👇 Aftermath Silver is crazy cheap even after being up 73% off its October low, which is still just warming up

$AAG.V
@AftermathSilver

Recently sold off their Cachinal project, so cashed up and pushing ahead on their Berenguela and Challacollo assets in South America

/2