Are you considering investing significant capital in mining or explorations stocks? If so, you’ve come to the right site.
I’m Ray Mullaney. I have over thirty years of professional mining investment experience and I’ve been an insider in the industry; I’ve been on the boards of several exploration companies, I have significant technical knowledge of exploration and I have a rolodex filed with names of world-class exploration and mining investment professionals.
I’ve owned and I’ve been a partner in a securities brokerage firm and a registered investment advisory firm that specialized in exploration stock research and raising investment capital in exploration and mining stocks. I know the business, but I don’t know future prices of stocks or commodities.
I do not offer “investment advice” in the traditional sense. I provide insight, information and make introductions to people who can help you make better investment decisions. Over the past 30 years I have made and lost millions investing in mining stocks. I will share what I’ve learned.
Before investing in a mining or exploration stock, call us, without obligation or cost. We’ll share information and make introductions. You can benefit from introductions to companies with major opportunities and to people who will provide you with truly independent opinions; we’ll help you find both. They are never the same people.
This is a speculative industry, with far more failures than successes. A few successes can make all the difference. In this business, research and contacts can make the difference between failure and success. But even more than good research and great contacts, your timing must be right.
For the past five years, metals’ prices and mining stocks have been declining; 90% of mining stocks have fallen 90% or so. I think this bear market either has ended or will end soon. That’s why I’ve re-established Boston Mining again.
Three reasons for optimism in the mining sector:
1) At current metal prices, many mines are losing money and will close; therefore supply will contract. If demand stays constant, prices will rise;
2) As third world countries continue to industrialize, the demand for metals will rise, and so will metals prices and prices of metal’s producers and explorers;
3) The US and European countries pay bills (and keep their power) with borrowed money. The purchasing power of all western currencies will fall as they print and borrow more money. Anything that must stop, will stop – America cannot borrow our way to prosperity. Our trade deficit, our growing nation’s debt and the rising cost of interest on our debt will reduce our future economic competitiveness and our economy growth. Our ability to borrow and spend endlessly will depend on higher interest rates, precious metals may become a “store of value”, relative to all currencies.
The macro-economic analysis may be flawed, but ultimately, supply and demand determines all prices. Can you imagine a world without metal, will fewer or more people want to live in an industrialized nation? In the final analysis, increased demand for metals, in the long run, will mean higher prices. Metal producers will have their day in the sun, someday.
Prudent investors are encouraged to invest in only the strongest companies, there’s not many out there. Speculators can still find companies with exceptional opportunities. The companies you’ll learn about at Boston Mining are all speculative, because no one knows when metals prices will rise. Therefore, only invest what you can afford to lose.[/vc_column_text]
My Experience: I started investing in junior mining companies in 1977. In 1980 I started a Boston-based NASD broker/dealer specializing in mining stocks. In 1988 I began going to Vancouver, BC to meet with the managements of junior exploration companies, and I started Boston Mining as a resource for investors in 1998. Although I am not a geoscientist, I have taken graduate level courses in economic geology. Over the past 40 years I have visited dozens of exploration properties throughout western United States and northern Canada. I’ve researched, written reports on and invested in hundreds of exploration companies and I’ve been a consultant and/or on the boards of directors of a dozen of them. What follows are the three most valuable basic lessons on investing in junior exploration companies:
1) The most valuable asset of a junior exploration company is not their properties; it is their people and their management. The wrong people will screw up great properties; the right people can turn even an average property into a winner.
Bottom Line: For juniors, first know the people, then their properties.
2) The junior exploration sector is one of the most volatile investment sectors. Junior stocks frequently rise – and fall – by as much as 1,000% in a matter of weeks or months. No junior miner is ever “safe”. However, the safest time to buy exploration companies is after they’ve suffered a major decline.
Bottom line: In 2016, the Toronto Venture Exchange offers hundreds of companies with tremendous speculative appeal because they’re now financed and drilling.
3) Your favorite stock (and its sector) will absolutely decline from events that are outside your or the management’s control of vision.
Bottom line: Sell portions of your favorite winners as they rise, and keep large amounts of cash on hand to buy great companies after they’ve crashed.
The chart below shows the mining sector has crashed and the US market is at all-time highs. I am no longer an investment advisor; I make no recommendations. This site is informational only. Make sure you discuss investing your money with someone who is not paid to keep you in the market at all times.