2011 Opportunities

Opportunities for 2011. The list is by no means exhausted, and I expect to do a full review on each company in due course. I may also be in the market for some Oil and Gas juniors this year. So, if you have any suggestions, please let me know.

Brief summary –

Timmins Gold Corp (TMM.v)

Enough coverage already. When they have this merger business is sorted, I will buy more. This will be a multi-billion dollar company one day if they get Capital Gold corp. Looking increasingly likely.

Carpathian Gold (CPN.to)

I only brought a half position as the market had already had a good run. I’m looking to get the other half on a correction. If there have been significant developments, I could add more than half.

Full review here – https://goldstocktrader.wordpress.com/2010/12/01/carpathian-gold-cpn-to/

Jaguar Mining (JAG)

Possibly a soon to be asset in distress. A Brazilian Gold mining company which looks to have tripped over itself attempting to grow too fast. They have had some major ore dilution issues at one of their three mines, pushing operating costs up to $795 per ounce!

However, management expects dilution issues to be fixed during 1st quarter, and their hedge book will have been eliminated too.

Plans are to expand from ~150,000 ounces, to 210,000 ounces this year, and then onto 500,000+ ounces per year by 2015!

They possess an advanced stage project in feasibility stage, projected to produce 154,000 ounces per year.

However, if gold drops sharply, the market will not tolerate Jaguar’s thin cash margins, and the stock could drop fast. Good buying opportunity?

I can only say after a full review.

Silver & Silver Wheaton (SLW)

My embarrassing confession. I missed the silver rally! Still, I’ll get in on a correction. For those who don’t know Silver Wheaton, they are a silver streaming company, meaning they front the money for mine developments, in return for mined by-product silver at a fixed price. They are averaging $4, and  expecting silver streams to grow annually. Their silver reserves are well diversified, so SLW could be a better option than holding silver bullion, as their costs are pretty much fixed, and huge cash flow will fund growth. Essentially low risk leveraged exposure to the price of silver.