CymorFund Blog
May 7, 2014 Lake Shore Gold Corp Lake Shore Gold held its Annual Meeting today and it was a positive presentation. If you wish to read the transcript of the presentation by CEO Tony Makuch, you can find it here. If you wish to see the slide presentation, you can find it here. The stock...
May 5, 2014 The Future Price of Gold As always, the opinions as to where gold is headed are as varied as can be. A few of these opinions follow: As China slows down, the demand for gold will decrease and accordingly the price of gold will fall. This particular theory is akin to the theory...
Romarco Minerals Inc. (TSX-$0.86) We previously published commentary on this company, and noted that while it was one of our picks, it has been substantially delayed because of all types of environmental issues. What was thought to be an extensive and comprehensive review process that would be completed in a reasonable time period, has instead...
Thomson Reuters GFMS Gold Survey 2014 Thomson Reuters recently published its 2013 gold survey. This is a comprehensive document that researches and reports on the supply and demand of gold yearly. It is very detailed and quite revealing. The amounts quoted in this blog come directly from this survey which may be found in the...
Invest for Value, Ignore trends and Speculation Bloomberg News today reported that Airline Stocks were falling and the commentator questioned why Airline stocks rose when the weather was bad with flights being cancelled, and today when the weather is fine and there are few flight delays, Airline Stocks have fallen quite significantly. A response was...
Those Prophesying Another Great Collapse Recently a famed money manager predicted that gold would rise this year to record levels. The theory goes on to say that world debt continues to increase at record levels, that money continues to be printed, and so on. You have all heard the theories before. In reality, the world...
CymorFund 10-Bagger Free Service Returns CymorFund has returned to a free subscription service. To those that subscribed to premium membership, you have automatically been subscribed to the free service. Thanks to everyone for your tremendous support and comments. April 10, 2014 Cymorfund Investment Letter Stock Picks – Atrium Mortgage Investment Corporation (AI – TSX) On...
On June 27, 2013, CymorFund Recommended Lake Shore Gold @ $0.28 Since then lake Shore Gold (LSG-TSX) has achieved exactly what CymorFund anticipated. The price reached $1.00 yesterday which is a 4-Bagger (so far). Today, there was a sell off in all the gold stocks, and LSG also showed weakness. Management Conference Call...
Buy Argent Energy March 18, 2014 On November 24, 2013 CymorFund recommended Argent Energy at $7.97. Since then Argent Energy Trust has fallen dramatically and closed yesterday at $5.37. In the interim, it has distributed dividends of $0.43, making a net loss since of $2.17, or 27%. The fall off has been dramatic, and this...
Premier Gold Releases NI 43-101 VERY POSITIVE March 14, 2014 On Feb 14, 2014, CymorFund highlighted Premier Gold @ $2.29. Today, Premier Gold (PG) released its NI 43-101 which is an independent Technical Report For The Preliminary Economic Assessment Studies For Hardrock & Brookbank Projects. These are PG’s key projects. The numbers are very good,...