RE: time to buy?junior miner wondreing if it is time to buy some aua?
https://juniorminers.com/miningstocks/mining_stocks.html
GDXJ:
You're right to want to do some diligence before following free advice found on the juniorminers.com site.
My feeling is that AUA offers good value right now, but it might fall further, and there's some other stocks you might want to consider as alternatives -- depending on your risk tolerance.
A good way to start is to a "pounds in the ground" price calculation. AUA has a huge mineral reserve (measured, indicated & inferred) of 460MM lb of moly. Its share capital is about $40MM, so if you crunch these numbers, you'll see that each "pound in the ground" of moly is priced at about 8 1/2 ¢ -- which is very good.
As an alternative you might consider Roca Mines (ROK). Their mineral reserve (m,i & i) is about 132MM lb and their market cap is only $27MM, so their moly is priced at about 20¢ per pound. That's a fair bit more expensive than with AUA (though still very very cheap!!) , but bear in mind Roca is a functioning mine, so buying it is a much less risky investment than buying AUA. In addition to their moly mine, Roca has an interesting copper-gold property up in the "Golden Triangle" area of BC which could become valuable.
On the other hand, higher up on the risk scale would be Columbia Yukon (CYU), which has about 275MM lb of moly (m,i & i) and its market cap is less than $7MM. So that works out to an extremely cheap price of about 2 1/2 ¢ per lb. Thus, if you buy CYU, you have a huge upside potential if the project moves along -- but there's more risk than with AUA, because CYU is at an earlier stage in the development process.
Good luck with your investing!