The Fastest-Growing Religion
At the recently held Capitalism & Morality seminar, I spoke about the fastest-growing religion in the world. It isn’t Christianity or Islam. It is a cute-looking insidious religion whose consequences won’t be visible until it is too late:
On Investments
I recently traveled with Irving Resources (IRV; C$0.82) in Japan for four days. Most of my time was spent exploring the Yamagano project, a mere eight kilometers from Hishikari, one of the world’s highest-grade gold mines. Yamagano has seen no modern-day drilling. The mine was closed in 1953. While I was there, IRV was in the last phase of completing a geophysical survey.
IRV has recently bought two rigs of its own, which should get operational over the next two months. A third rig is already operational at the Omu project in Hokkaido. A lot is happening in Irving next year, and they have C$16 million in cash. I am accumulating.
Aztec Minerals (AZT; C$0.28) continues drilling at its Cervantes project in Mexico with fabulous results. They should also start working on their Tombstone project early next year. In my view, AZT has a very nice upside, with each project justifying the current market capitalization, what I see as a low-risk, high-upside investment.
I attended the fabulously well-organized Precious Metals Summit in Zurich and the 121 Mines show in Frankfurt this week. I am now off to London for another 121 Mines show and the Mines & Money conference.
Finally, mark your calendar. The next Capitalism & Morality seminar will be held on 9th September 2023. Dr. Amy Wax and Maxime Bernier will be the keynote speakers.
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.