Mining The Markets

 I have known the management team led by CEO Tom Irwin for some years and they are the top of the mining business in Alaska and can attract strategic partners.  The team has had a track record of permitting, constructing and operating cold weather Alaska mines such as Pogo and Ft. Knox.   Tom Irwin came on as CEO on January 1,2014 and is not a new face to the Livengood story.  He has been working on the project as a VP Engineering for a few years.  Tom has a long history of mining in Alaska and he believes that Livengood is a world-class multi-million ounce gold project that will eventually move forward with a strategic partner.    Tom has been constructing, designing and optimizing mines for over 40 years.  Most notably he was responsible for engineering at Ft. Knox before start up and eventually became General Manager of Ft. Knox, which is now successfully operating for Kinross.   Since Tom Irwin has come on as CEO two important board members who happen to be experienced mining engineers have been added inc

Royal Nickel owns one of the only mines I know of with a construction ready project, experienced management that specializes in nickel and a strong treasury of close to $15 million.  Nickel is one of the few commodities that China needs desperately as they have very little from their own production.  Royal Nickel's Dumont Project is one of the largest nickel deposits in the world and probably the largest, most advanced and best quality nickel project in control of a junior miner.  With a market cap of less than $40 million, $15 million in cash, priced significantly below book value and a $1 billion NPV top tier nickel project, Royal Nickel is significantly undervalued and could be a ten-bagger.  Look at the Board Of Directors and Management sheet and you can see all the top level experience formerly from Inco which rewarded shareholders significantly in the last up cycle.  Now may be the time to prepare for the next bull market cycle in the industrial metals with Royal Nickel.Disclosure: Author is long Royal

Canamex's Bruner Project is located in Nevada which is probably the top gold mining jurisdiction in the world on 500 acres of private land. This means they may have a shorter permitting timeline. Canamex has excellent infrastucture with grid power only 12 miles away and access to a highway. The metallurgy is excellent with high extractions using lower levels of reagents. They have a historical resource which is growing with a recent drill intercept of 57.9 meters of over 5 g/ton. They also have a new discovery on a different part of the property where they hit 110 meter of over 4 g/ton material. Could they be connected with high grade feeder systems? The investment by NYSE listed Hecla and Gold Resource Corp may signal that they feel there may be a good chance. Now with cash in hand Canamex has commenced diamond drilling at Bruner. Over 10k meters of drilling will take place in 2014 following up on the high grade feeder zone in the historic resource and the Penelas East Discovery. The company should have cons

Comstock Mining (LODE) should produce close to 40k ounces of gold equivalent this year in the historic and prolific Comstock District.  LODE just announced a new lower cost $5 million revolving credit facility in order to assist with the increase in production and expansion of their Lucerne Mine.  Capital will be used to drill the east side of the Lucerne resource.  LODE's ability to exceed production guidance in 2013 and their clear growth profile has allowed them to receive more favorable financing terms. Comstock also announced recently the restructuring of debt and royalty obligations which eliminated $2 million worth of debt and royalties.  It is also important to remember that Comstock Mining recently secured over 300 acres of private land which will allow valuable growth opportunities.  The local community is widely supportive of the company as evidenced by the unanimous approval of Lyon County Board of Commissioners to approve zoning changes on certain mining claims.  LODE recently commenced a distric

Wellgreen Platinum (WG.V or WGPLF) has done a complete restructuring with a new top notch management team, stronger shareholder base and a name change. This could help the company attract larger institutions looking to gain exposure to the platinum and palladium market with a higher quality junior miner. There are very few high quality junior PGM developers focussed in North America in a political supportive jurisdiction and with reasonable infrastructure. The company's experienced technical team is developing a new model which hit one of the best drill holes ever intercepted on the property in late 2013. Management believes there is a higher grade zone on the Far East Zone that they are currently following and exploring. Some of these advancements will be incorporated into an updated Preliminary Economic Assessment set to be released in the second quarter of this year. This PEA is focusing on the higher grade zones and less costly open pit capability. This company could gain some major attention or be bought