"I am attracted to companies that the market doesn't like or just doesn't look at. These situations you can buy it at an advantageous price. When I buy, I buy 5%, 10% or more of a company. And then I will wait. I am long-term buyer. I believe there will be many more discoveries and I am convinced the precious metal space is a great place to be investing today."
Another holding is Inventus Mining Corp. (IVS:TSX.V). "The company has a curious story; its Pardo project is paleoplacer," Rob said. "I liken it to the types of deposits you might see in South Africa. It's a shallow conglomerate bed that begins at surface and goes down only three to five meters. So mining costs should be quite inexpensive. Sampling has in places encountered gold grades in excess of an ounce. The trouble with paleoplacer deposits is the difficulty estimating the size of the resource. It is a very drill intensive exercise that can be very expensive for a junior to fund.
"I look at it this way: this is a very shallow deposit that they could just peel back the vegetation and take out the gold and practically roll back the vegetation."
https://www.bullionvault.com/gold-news/gold-mining-mux-092320201
Another holding is Inventus Mining Corp. (IVS:TSX.V). "The company has a curious story; its Pardo project is paleoplacer," Rob said. "I liken it to the types of deposits you might see in South Africa. It's a shallow conglomerate bed that begins at surface and goes down only three to five meters. So mining costs should be quite inexpensive. Sampling has in places encountered gold grades in excess of an ounce. The trouble with paleoplacer deposits is the difficulty estimating the size of the resource. It is a very drill intensive exercise that can be very expensive for a junior to fund.
"I look at it this way: this is a very shallow deposit that they could just peel back the vegetation and take out the gold and practically roll back the vegetation."