Peter Schiff on the US dollar and Gold
Marin Katusa started off the 2018 Vancouver Resource Investment conference off in a battle with Rick Rule and Frank Holmes discussing top picks.
Marin’s picks were no surprise to the audience as they are the same companies (dogs) he has been promoting for the past several years.
In case you are wondering about some of Marin’s track record this link is a good place to do some due diligence.
At the conference he also mentioned he has over $10 million dollars exposure to each of these companies. At least he has skin in the game!
First up we have Equinox Gold (EQX.V).
Equinox is a roll up of several companies (Trek Mining (Luna Gold, Gold Mountain, JDL Copper), Anfield Gold corp, and Newcastle Gold).
Marin was a previous investor in a few of those and is likely under water and is trying to make things work now and get some cash back.
I sort of like on second thought not really as Ross Beaty is now involved as an investor and chairman.
A few red flags on Equinox.
Next we had Blackbird Energy (BBI.V). This was actually one of Marin’s top picks last year at the show and was promptly down 36% year over year.
Rumors on Howe Street are that Marin is starting to get a little worried as last year he teased his letter with a guarantee that if a stock didn’t go up 50% the subscribers would get a year for free (this stock was rumored to be Blackbird).
He even made a public pitch on his website in August to try and get Blackbird bought out with no luck!
A few red flags on Blackbird.
Last but not least we have Uranium Energy Corp (UEC:NYSE).
Marin has been promoting Amir Adani companies for it seems like forever.
A few red flags on Uranium Energy Corp (UEC).
To sum up…. Marin Katusa picks the same old companies, same pitch, and the same result for investors (poor performance if you haven’t noticed).
Hey Marin….. time for some fresh picks!
I will be releasing my own picks on this blog soon to see how I stack up…………
Marin’s 2018 VRIC scorecard
Company Price start (Monday Jan 22 open)
Uranium Energy $1.65
I added a new stock to my portfolio today.
A pretty straight forward story.
The stock is Metalla Royalty and Streaming and is listed on the CSE under the symbol MTA.
I bought my position at 72 cents per share this morning.
The company is a precious metals royalty and streaming company that pays a very very small monthly dividend. Monthly cash flow!
Please do your own due diligence.
Some links to get you started.
January company presentation – http://www.metallaroyalty.com/presentations/
Peter Epstein coverage – http://epsteinresearch.com/2018/01/22/exclusive-interview-CEO-Metalla-Royalty-Streaming/
EpsteinResearch feature article on Metalla Royalty & Streaming $MTA.cn $MTAFF #gold #silver precious metals #royalties #streaming CEO says Company could be paying 5.0% dividend yield by year-end. Trades very cheap vs. $WPM $WPM.to $FNV $FNV.to $OR $RGLDhttps://t.co/g3YiN4mJ5Z pic.twitter.com/QqLAEKsvAP
— Peter Epstein, CFA (@peterepstein2) January 22, 2018
Proactive Investors video – Metalla Royalty CEO: ‘2017 was good, but 2018 shaping up to be even better’
Palisade Radio and E.B. Tucker audio – Gold stocks, Nobody cares – https://www.youtube.com/watch?v=8kMlDUv1Nfs&t=1108s
Metals News interview with CEO Brett Heath – http://www.metalsnews.com/t1140738i