Bob Bishop Stock Ideas
So just like last time, here are some quick notes I've taken on the Bob Bishop speech that I recorded:
1. Gateway Gold [GTQ.TO GWYGF.PK]
-buy on weakness
2. Skygold [SKV.V]
3. Viceroy [VYE.TO VCRYF.PK]
-not buying this high
-but lower is good
-high chance of takeover
Spences Bridge Gold Belt could be a huge discovery;
4. Consolidated Spire [CZS.V CZSVF.PK]
-Bob likes the project
6. Everton Resources [EVR.V EVRRF.PK]
-McEwan financing
-Eleonore project looks promising
7. Nevsun [NSU.TO NSU]
-could be taken out
-most mispriced stock on the market with huge discount because of Eritrea
8. Sunridge [SGC.V SGCNF.PK]
-also in Eritrea
-Lundin group is largest shareholder
-Looks like they will eventually just buy it out
9. Esperanza Silver [EPZ.V ESPZF.PK]
-peruvian discount
-easy money already made?
-spectacular silver results
10. Southern Arc [SOACF.PK]
-indonesian discount
11. Crystallex [KRY.TO KRY]
-should get bought out by somebody else very soon
-perhaps Goldcorp?
12. New Virginia [VGQ.TO]
-very diversified
-good team with joint venture model
-be patient, it will do well
Remember:
Buy on Dips! Don't question the trend.
"I'd rather buy a bad stock at a good price than a good stock at a bad price."
Timing IS everything!
Don't micromanage the biggest bull market of our lives!