Musings on Investing

Depravities of the Third World

Gabriel Custodiet and I recently discussed the rarely-acknowledged unchanging depravities of the Third World, leading it toward collapse: all stemming from a lack of reason and, thus, moral consciousness. We talked about Sunak becoming the UK’s PM and others of Indian origin being the CEOs of the top US companies:

On Investments

In the linked conversation, Cory Fleck, Shad Marquitz, and I discussed the recent increase in volume and prices of many of the companies we follow. While the general market has been going up, three companies haven’t and should have:

  • Aztec Minerals (AZT; C$0.285): Each project perhaps justifies its market capitalization. They have a $1.2 million exploration program for the first half of 2023.
  • Irving Resources (IRV; C$0.84): They own three drill rigs, one operational 24 hours a day. They have $12 million in cash. There will be a lot of news flow from IRV this year.
  • O3 Mining (OIII; C$1.55): They are completing PFS on the Marban project over the next few months. They are fully funded to complete the report.

Jayant Bhandari

Disclaimer: All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment, or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. The sole purpose of these musings is to show my thinking process when analyzing a stock, not to provide any recommendations. I will not and cannot be held liable for any actions you take resulting from anything you read here. Conduct your due diligence, or consult a licensed financial advisor or broker before making any investment decisions. Any investments, trades, speculations, or decisions made based on any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.