The Bridge - Vol III

Natural Resources Edition

Well, this has been an interesting few weeks for the metals market, with all the fuss over Warren Buffett exiting Barrick Gold Corporation, Canada’s largest gold producer and second largest in the world, what an opportunity. My timing to open a position and continue accumulation over the next 6 - 12 months, only makes sense with both Au and Cu in production. Prices moving higher with demand, this week they received an “OUT PERFORM” rating. ABX:TSX

Forecasts for Cu are just now starting to flow; $4.50-$5.00 Citi Bank 2021/2022
seekingalpha.com copper price article


Going to be on everyone’s lips for the next decade! PLUS… Just think about some of the safety applications on a global basis, such as hospitals and rapid transit just to mention two, hand rails, and this is just two! Everyone talks about EV’s, always the focus is on cars, think about how many busses roam the planet. There are bus manufacturers in China, we’ve never even heard of, their market is so large, most of those busses being pushed out weekly will never see North American soil or Europe… Ah yes Japan, Korea, etc. etc. WOW! We really do not have any idea or do we?

DNT - A micro small cap, with a market cap of $44M and billions of pounds of copper in the ground, only makes this as a take-over target at some point, even if it is Fortescue… @$5.00 Cu/pound this is a project that won’t sit idle, that’s the bet, right? DNT:TSX

Here is the deck for this week’s One 2 One meetings: 121
DNT Canariaco Corporate March-1-2021 pdf

Here is the newest interview done with Joanne: week of Feb 26-Mar 1, 2021
candentecopper.com interviews

CMMC - What a darling, one of the lowest cost producers in Canada, 4 hour drive to Vancouver port, on pavement, and then to Japan for smelting and then sold on the LME. Location, location location, how many times have you heard that when it comes to Real Estate? Lots! This time next year, they will be producing 135M pounds per year, friendly debt and this is not a bad headline…
Copper Mountain earns $50.26-million in 2020!!

Here is a great interview seen last week on BNN Bloomberg (Canada last week)CMMC:TSX
cumtn.com investors presentations

Sombrero - STILL PRIVATE, APRIL/MAY should be your call to trade! Could be a lunar landing sombreroresources.com


DMX - Here we GO! Now, for comfort, I’ve meet Garrett on many occasions, but I must say for a very conservative geologist, our last meeting, I’ve never seem him so excited to share the potential of “what’s to come”. For the first time on the Tomtebo, they are applying 2021 technologies for discoveries. My gut, is were not going to be disappointed….at all! The potential for a large scale project applies here, where there is a mine is where you find a mine. This is elephant country in Sweden and a country not followed by many. This is a poly metallic deposit with the potential for high grade silver discovery and cooper. We are not hours away from these two mines but very short drives….DMX:TSX.v boliden.com operations mines boliden-garpenberg and wait, have a read of this… first... Falun Mine (Swedish: Falu Gruva) was a mine in Falun, Sweden, that operated for a millennium from the 10th century to 1992. Thus, elephant country! wikipedia.org Falun_Mine District Metals begins drilling Tomtebo property!!!

Tier One - STILL PRIVATE, Everything now at the exchange, could be called to trade any day…. tieronesilver.com

TORQ - Well we finally got a long overdue press release, their first of what’s sounds like three or four vend ins is the Margarita Iron-Oxide-Copper-Gold Project! OMG, if I were a geologist, I’d be pretty darn excited to drill those rocks…. all cashed up and ready to go low volume tells a tale, so many shares held in so few hands… no one selling! TORQ:TSX.v


FURY - It’s been very very quiet, with sideways trading, consolidation trading, in anticipation of news flow. The labs are so backed up but as the markets start to open up things should get faster by end of Q2. Then we have a commencement of activities in NW BC and then, “THE NORTH”. Stay tuned lots of promise here to be unlocked, There are very few places on our planet that may host large scale gold deposits like the “NORTH” FURY:TSX Seems like there is no Hurry for Fury, well for today!

Now here, is a short list of ones that have caught my interest and my attention, almost without exception “ALL JURISDICTIONAL” management and ability to move the project forward with capital. TIG:TSX.v, KLD:TSX.v, BTR:TSX.v ( OSK:TSX could just be “THAT” trader stock of the year, follow the charts ) for these, you will have to do your own DD, and for disclosure purposes I own these, why? Yukon and Quebec, driven by who manages and who owns LARGE positions, when Newmont and Sumitomo own big in penny stocks not a bad idea to look under the hood to understand WHY! Any major, putting capital into deals like these, you have to know, they have put hours and hours into DD! That, speaks volumes!


Coal
CAD - My only short form pick, were just waiting for this sign to appear, “SOLD”. In to win or it will be too late! CAD:TSX.v


Humor Quote: "Humour Can Be One of Our Best Survival Tools” Allen Klein

Book of the Week - The Intelligent Investor - Benjamin Graham ( paper back edition )

Warren Buffet Rule #1: "NEVER LOSE MONEY"

FjP
“A port in a storm, we seek safe harbour"

fport@bridgeportcapital.ca