TGM
A Quick Guide to Investing in Microcap Mining Company Stocks
Along with following the lead of mining industry experts, we seek out mispriced risk that is underpricing the assets and offering us bargain-basement share prices. This can often happen when a microcap mining company is starting to ramp up operations and releasing initial exploration results. In many cases, the share prices of such companies can be subdued during these times due to capital-raising induced dilution and investor hesitancy. Such hesitancy is typically fostered by investors thinking that it’s too early to jump in and that there will be plenty of time to get in once the company offers more definitive proof of their claim(s)’ value. Not that such thinking can result in a case of missing out in the blink of an eye, but an earlier entry can definitely prove far more profitable than jumping in when news drives the investing herd into play.
The Momentum Letter 2020 Recap
Let’s recap the share price gains and then we’ll provide a snapshot update of each company’s recent activities and news. As of the last full week in February, if you had invested in these companies when we first profiled them, your percentage returns would be
Q&A With Trillium Gold Mines CEO Russell Starr
Trillium’s goal is to get a minimum of 1mm, if not 2mm, ounces out of Newman Todd. How will we get there? By drilling and redefining the work done by predecessors and by having a much better understanding of the structural and mineralized controls on our projects, therefore targeting holes more efficiently and using capital more wisely.
Company Updates—GRN, VSBY, TGM Continue to Execute
We are heartened by the successes these companies have achieved in such a short time and remain confident that this marks the beginning of expanding business execution success (and increasing revenues) for all three.
Trillium Gold Continues Excellent Execution
TGM is fully capitalized and incentivized to move quickly, with its major shareholders in alignment with company initiatives, which the company has been executing flawlessly. We fully expect this to continue and note that even with the new investors, on a fully diluted basis, the company trades with only about 40 million shares, which will add booster power to the share price in the face of any new demand.
Drilling Deep: Trillium Gold Mines
Not only will the addition of this new talent add exceptional levels of mining expertise to help drive successful exploration, but also strongly suggests that Newman Todd and Trillium are worth putting their reputations on the line. After all, such seasoned mining experts would not likely be attracted to or accept key roles in a fool’s gold exploration project.
Gilded Explorers: Trillium Gold Mines
Naturally, if the price of gold is on the rise, whatever the company finds is going to be that much more valuable. So, when a microcap or small cap mining and exploration company hits a new productive strike or ups proven reserve numbers, it’s like adding gold to the stock price—gold that in and of itself is rising in price during fraught times, further boosting the share price.
