Gold Stock Analyst Top 10 Gold Stocks Subscription Newsletter
Post on: 10 Август, 2015 No Comment
5 reasons why the GSA Top10 is your
MOST POWERFUL GOLD STOCK
INVESTMENT STRATEGY:
GSA is the market’s most respected and successful source of insight and guidance for gold stock investors. The title of GSA’s flagship newsletter GSA Top10 also sums up our unique investment approach that has an amazing and verified track record. We can’t guarantee future results, but we can promise the GSA Top10 is unlike any stock research you’ve ever seen. Below are 5 reasons why you should subscribe to this remarkable tool. The 3 minutes you spend reading them may be the smartest investment you’ll ever make.
At GSA, it’s what we do better than anybody. In a bewildering market of over 1,000 publicly traded gold stocks, we deliver clarity and gains out of chaos. We do this by finding the 10 stocks (the optimum portfolio size) that offer you greatest return potential on your investment!
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There’s a reason why your broker never mentions gold stocks
Unless your stock broker is a GSA subscriber, there’s nearly a 100% chance he’s clueless about gold stocksand silver stocks, too, for that matter. Precious metal mining stocks are a complete mystery to most of the financial and investing community because the vast majority of brokers and stock analysts have spent virtually zero time learning about them. John Doody has made it his life for more than two decades.
Creating an advanced field of studyand measurement
When John initially studied gold stocks in the early 1990s, he had a hard time deciding which to buy. Their share prices, market capitalizations, production and reserve levels were all different, yet each made exactly the same product: Gold.
To solve the dilemma and determine which gold stocks represent the best value at a point in time, he developed and popularized a metric to measure a company’s value, called Market Cap per Ounce.
Market Cap/Oz =
market capitalization (number of shares times stock price) divided by total ounces of Proven and Probable Reserves or total ounces of production.
This puts all the mining companies on the same basis, so when buying you know how much you are paying for each ounce production and each ounce of reserves. The Market Cap/oz values are wide-ranging, sometimes justified and sometimes not, which means Mr. Market is inefficient and does not always price a stock correctly. This is what creates many of the opportunities identified in the GSA Top10.
GSA’s third metric further refines these opportunities by examining the cash generated by company’s mines (gold price minus cash cost per ounce times the ounces produced) relative to its Market Cap, to yield its Operating Cash Flow (OCF) Multiple. In the same manner that Market Cap/Oz data is used, OCF Multiples can be compared to identify undervalued (and overvalued) stocks.
GSA Top10 criteria: how do stocks make the list?
- They’re must be in or near actual production. The majority of the over 1,000 publicly traded gold stocks are exploration companies. There are only 60 to 70 companies who are actually pulling gold from the ground at any given time. The GSA method focuses only on companies that are already producing gold or have proven reserves and are about to commence production.
GSA’s knowledge and insights are expressed in three different newslettersto match different levels of interest and financial commitment
- GSA Top10 is our flag-ship newsletter and is designed for investors who want to include gold stocks as a significant component in their portfolio. It focuses on the 10 stocks recommended by GSAproviding updated reports and monthly commentary on those stocks. A subscription includes buy/sell alerts and access to our subscribers-only blog.
Since 2001, through 12/31/14 the GSA Top10 portfolio is up 573%. These results are so extraordinary that some don’t believe them. So we had every buy and sell over this entire history examined and vetted by Alpha Performance Verification Services. a respected independent auditor.
The recommended guidelines for the GSA Top10 are the very same rules personally followed by GSA’s editors. It’s all simple, but not meant for everyone. Our subscribers tend to be serious, patient investors; many have subscribed for more than 10 years. How can you know if the GSA Top10 is right for you?
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Although it often features some attractive spikes, the GSA Top10 is not an investment strategy that promises fast thrills and overnight gains. It’s carefully designed approach based on solid economic principles, highly focused research, patience and a record of exceptional success.
It’s not just a newsletter it’s a strategy that changes the way you look at investing
It’s important to remember that GSA is unlike other investment newsletter publishers. We focus on a unique investment strategy: the GSA Top 10. This specific strategy is powerful and proven, and it’s the value we offer to you. The newsletter that comes with it is much like an owner’s manual to help you better understand and apply the strategy.
The Top 10 is a carefully built portfolio of stocks featuring:
The GSA Top10 guidelines are simple and consistent:
- Be sure you’re comfortable with the money and time commitment. The GSA Top10 is designed for investors who can afford to commit at least $10,000 for at least three years. It’s not meant for short-term traders or anyone who is struggling just to make their mortgage payment.
The success of the GSA Top10 is driven in large part by the depth of GSA research and analysis. Subscribers and industry professionals alike recognize John Doody and his GSA team as the source of the most thorough technical, economic and operational analysis of gold mining stocks. This information is unequaled in range and detail, and is shared with you in each issue of the GSA-Top10 Newsletter.
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GSA expertise includes such subtleties as knowing how to define an ounce
An ounce is an ounce is an ounce, right? Wrong. Don’t be confused by the various ounce totals thrown around by the companies.
The U.S. Securities and Exchange Commission (SEC) allows miners to report only one type of ounce totals: Proven and Probable Reserves (P+P). The combination of these two criteria qualifies a deposit’s ounces to be P+P Reserves:
- These are ounces determined by drill holes spaced close enough as little as 15 feet apart—to have a high probability that their grade results can be projected over the untested distance between the holes.
- Plus, the deposit’s economics have been verified by an independent engineering firm’s feasibility study that shows the capital required to build the mine and processing facility will yield a positive return on the investment, i.e. the ounces are economic.
Other ounce designations such as Mineralization, Measured, Indicated, Inferred, Resource, and Global Resource have wider drill spacing so the ounces are less certain to exist and/or the deposit has not been shown to be economic. For example, sea water is known to have millions of ounces of gold, but the grade is so low that it’s not economic to attempt their recovery.
The GSA Top10 reflects our knowledge of actual P+P Reserves and other essential details that are routinely overlooked by others.
And it’s about knowing the companies, inside and out
At GSA we actively study the 60 to 70 gold companies as well as 25-plus silver companies that are at or near production. We routinely interview their senior managers and closely examine their site maps, production plans and financials. We study independent analyses of their drill results and gather details about their production methods and schedules.
And, often, we do it up close-on the ground at the actual mine sites. We have visited dozens of mining operations around the world, from Canada and Mexico, to Argentina, to Turkey. This gives us a rare insight that can’t be matched by brokers and stock analysts who have never left their cushy desk chairs to discover what mining is all about.