RE: RE: Jay Taylors #1 Top PickI used to subscribe to Taylor's newsletter. He is knowledgeable about the mining industry and sophisticated about finance. I made money on some of his picks.
I lost some confidence in Taylor when he continued to champion Naxos Resources after it had become evident to most that it was a fraud. Naxos claimed to have discovered a vast deposit with refractory ore; they said they could recover precious metals with a specialized process that labs were unable to duplicate. Naxos was eventually delisted. Taylor took a lot of heat over this, and the Northern Miner stopped accepting his ads, referring to him as a "desert dirt proponent."
I think Taylor is worth listening to and reading, but I would take his recos with a grain of salt.