Fortuna Silver Mines
Investors who have followed the investing moves of famed commodities investor Eric Sprott over the past few years are well aware of the man's penchant for physical gold and silver. Along with many other seasoned, well-respected investors, he is a fervent long-term precious metals bull who believes that the "easy money" policies of the various Western central banks will undermine the broader currency markets and lead to a sharp more »
Many investors prefer to not invest directly in silver because the commodity’s volatility is too high. It is due to this reason that investors are more willing to invest in silver mining companies like First Majestic Silver Corp (NYSE: AG). Unlike silver streaming companies, the silver mining business model is not highly leveraged. Even if silver prices consolidate at inflated levels, the company would make profits.
First Majestic recently more »
Sprott Asset Management, managed by the infamous precious metals bull Eric Sprott, is an investment advisory firm with an estimated $9.7 billion in assets under management. Sprott's fund has investments in a wide array of asset classes, and has about 8% of his capital invested in US equities, as noted by his $762 million 13F portfolio. Among Sprott's portfolio is a wide array of stocks in the more »
The simplicity of the business of mining appeals to me. Get valuable stuff from the ground and make a profit. Obviously most business can be distilled to that level, but mining is unique because it provides such a base material. There are huge mining companies in the world, and they have safety as an investment. However, they have been worked over by so many eyes that it might be more »