OK, sure EXK is a strong buy at these levels.
But the market is brutal and you got to fearless to buy EXK here.
Another bet is Bradford Cooke's other company Canarc Resources, CRCUF
He's the Chairman and CEO of that one, and just the CEO of EXK
That one still trades for under a quarter, it gets little respect
Hasn't for a long time, like never, really, so yeah, it's speculative,
but there's less downside risk there, and also more upside, JMO
So if you like the sector, like Bradford Cooke, and want to ride out the storm,
consider buying some shares of CRCUF.
This stock was also speculative too in it's infancy, but the guys who got in really cheap
came out big winners, i got in EXK for under $2, but it traded a lot cheaper than that
before I got in. So the main thing CRCUF has going for it is BC and his vision.
Not many guys out there running PM miners have his geo background and vision.
Maybe Quartermain at PVG, maybe the guy at AUNFF, but it's definitely a short list.
Buying in this sector is like playing whack-a-mole,
you can get hurt really bad, and IMO the biggest risk of all is the risk of lousy management,
so that's why my two most preferred companies in this space are both run by Bradford Cooke