Aug. 22 at 8:10 PM
$B $RIO $CDE $SBSW $ANGPY
These are my mining positions that I plan on holding well into the 2030’s.
I will be reducing share count in some of them at some point, but won’t be selling out of any of them.
I’ve ran DTI levels, Forward PE estimates, balance sheet strength and current share buyback plans.
ANGPY is the beast.
CDE and B wrap up the top 3.
Look at look at Tier 2 and their DTI is also extremely strong.
What people are failing to understand is how strong the mining sector actually is. Their balance sheets have never been stronger industry wide.
I still have my high beta, highly dilutive tickers in my portfolio, but I will be reducing NAK soon. Regardless of share price. I wanted to see
$3 before I cut it in half again, but we will see what happens.
The momentum we experienced last week could possibly be just the beginning of where miners are heading into year end.
Take B at forward PE 10
I wouldn’t rule out a PE 15 by year end.
That’s 50% upside. That’s
$71+
