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John Paulson’s Top 10 Holdings (Q2 2020) – Plus Top Buys & Sells

One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time here at The Acquirer’s Multiple […]
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One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time here at The Acquirer’s Multiple digging through these 13F-HR documents to find out which superinvestors hold positions in the stocks listed in our Stock Screeners.

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Q2 2020 hedge fund letters, conferences and more

As a new weekly feature, we’re now providing the top 10 holdings from some of our favorite superinvestors based on their latest 13F-HR documents.

This week we’ll take a look at superinvestor John Paulson (6-30-2020). The current market value of his portfolio is $3,129,242,000, with a top 10 holdings concentration of 79.25%.

John Paulson's Top 10 Holdings

Stock Shares Market Value % of
Portfolio
BHC / Bausch Health Companies 25,839,035 $472,596,000 15.2
HZNP / Horizon Therapuetics PLC 6,891,439 $383,026,000 12.32
GLD / SPDR Gold Trust 1,894,252 $317,041,000 10.2
BSIG / BrightSphere Investment Group 20,000,552 $249,207,000 8.02
TAK / Takeda Pharmaceutical Co 11,486,905 $205,960,000 6.62
AU / AngloGold Ashanti Ltd 6,974,331 $205,673,000 6.61
NG / Novagold Resources Inc 22,226,300 $204,037,000 6.56
MYL / Mylan N.V. 11,478,260 $184,570,000 5.94
DISCK / Discovery Communications, Inc. 6,902,805 $132,948,000 4.28
DISH / DISH Network Corp 3,620,750 $124,952,000 4.02

Top Buys

Stock %
Impact on Portfolio
BHC / Bausch Health Companies 2.78
AMTD / TD AmeriTrade Holding Corp. 1.13
EQX / Equinox Gold Corp 0.90
QGEN / Qiagen N.V. 0.77
TCO / Taubman Centers, Inc. 0.36

Top Sells

Stock %
Impact On Portfolio
AGN / Allergan Plc 4.069
VIAC / ViacomCBS Inc 2.038
DISCK / Discovery Inc Series C 1.94
S / Sprint Corp 1.665
TAK / Takeda Pharmaceutical Co 1.09

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Precious Metals

Lundin Gold Produces 107,663 Ounces In Q3 2021

Lundin Gold Inc. (TSX: LUG) announced on Wednesday the production results for Q3 2021 at its Fruta del Norte gold
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Lundin Gold Inc. (TSX: LUG) announced on Wednesday the production results for Q3 2021 at its Fruta del Norte gold mine in southeast Ecuador. The results highlighted producing 107,663 gold ounces for the quarter, up from Q3 2020’s production of 94,250 gold ounces.

During the quarter, the company milled a total of 365,316 tonnes of ore material with an average head grade of 10.3 g/t gold. This is an increase from last year when the company milled 324,143 tonnes of ore material with 10.4 g/t gold grade. Recovery rates also increased this quarter to 88.8% from 86.8% last year.

To date, the company has produced 320,599 gold ounces for the first nine months of the year. Lundin Gold CEO Ron Hochstein said the firm is “on track to meet the upper end of [its] 2021 production guidance of 420,000 ounces of gold.”

The mining firm relayed that it will release its full Q3 2021 results on November 9, 2021 after the markets close.

Lundin Gold last traded at $10.94 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

The post Lundin Gold Produces 107,663 Ounces In Q3 2021 appeared first on the deep dive.

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Top Mining Stocks To Watch Under $5

These cheap mining stocks are performing well in the market Mining stocks…
The post Top Mining Stocks To Watch Under $5 appeared first on Gold Stocks…

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These cheap mining stocks are performing well in the market

Mining stocks have had a fantastic year and a half. During this time span, many companies in this industry have set new highs. It all began with the pandemic, which caused the cost of resources such as gold and silver to skyrocket. This has resulted in a slew of mining stocks to keep an eye on in 2020. But, given that we are now in the year 2021, what is the present situation of these stocks?

Mining stocks have not performed as well in 2021 as they did in 2020. Having said that, there are still lots of assets that have appreciated in value this year. The mining sector’s monarchs last year were gold stocks, silver stocks, and lithium stocks. Materials like copper, steel, and iron ore are rapidly increasing in value this year. Mining penny stocks are especially volatile because of their low cost. These stocks can result in large percentage gains or losses in a single trading day.

Many people are concerned about the impact of inflation on the market right now. Nobody knows which direction mining stocks will move in as a result of this. Many mining corporations are already publishing their second-quarter financial results for the year 2021. This can often indicate the direction in which a company is heading. Examining global news, industry news, and other company news can also assist in determining when to invest. For example, if a material is in short supply and demand rises, the price of that material may rise. This, in turn, will have an effect on the mining stocks involved. So, what are the best mining stocks to invest in right now? Before investing, it’s usually a good idea to check a company’s charts and volume. So which mining stocks are trending in the market at the moment?

Top Mining Stocks To Watch Under $5

  1. Harmony Gold Mining Company Limited (NYSE: HMY)
  2. Yamana Gold Inc. (NYSE: AUY)
  3. IAMGOLD Corporation (NYSE: IAG)

Harmony Gold Mining Company Limited (NYSE: HMY)

Harmony Gold Mining Corporation Limited is a company that specializes in gold exploration, extraction, and processing. The company’s operations are based in South Africa and Papua New Guinea. It also looks for uranium, silver, and copper reserves. As a result, the price of HMY stock often rises when certain metals perform well. In the Witwatersrand Basin, it operates nine underground projects.

Earnings and revenue for the fiscal year 2021 increased year over year, according to the company’s most recent update. This is due to rising metal prices and the company’s excellent performance. The price of gold, silver, uranium, and copper affects the price of HMY shares. Harmony is most affected by gold, as it is the major material it seeks for. HMY stock is up 4.61 percent in the market today, October 13th. Considering this info, will HMY make your list of mining stocks to watch in mid-October?

Yamana Gold Inc. (NYSE: AUY)

Yamana Gold Inc., a mining stock, increased by more than 4% on October 13th. In Brazil, Chile, Canada, and Argentina, the corporation produces precious metals. Yamana is interested in assets in the development stage, exploratory properties, and land positions. The corporation manufactures both gold and silver at these locations.

Yamana recently released encouraging exploration data from its operational mines. It chose new zones and targets for each of its activities. In addition, the Wasamac project’s preliminary exploration drill results were recently disclosed. The price of gold and silver has a big impact on the AUY stock, maybe more so than its updates.

After the market closes on October 28th, 2021, the company plans to release its third-quarter earnings. On the same day, Yamana will present an operational update and have a conference call. It will be curious to see how these fresh developments affect the market price of AUY stock. Keeping this in mind, will AUY be on your mining stock watchlist right now?

IAMGOLD Corporation (NYSE: IAG)

Another mining penny stock that has recently risen in value is IAMGOLD Corporation. This is a gold mining company that develops and operates gold mines. The corporation is involved in gold, silver, and copper exploration and development. It now has stakes in the Rosebel and Westwood mines, as well as the Pitangui project.

The corporation released its financial statistics for the second quarter of this year in early August. This was a difficult period for IAMGOLD, which is still recovering from the pandemic and economic difficulties of the previous year and a half. IAMGOLD’s revenue has decreased from quarter to quarter and year to year. Gross profit and adjusted EBITDA both fell short of expectations. It also recorded a net loss instead of net earnings.

Despite these disappointing results, IAG’s stock has been rising in value. IAMGOLD recently announced the date for the presentation of its third-quarter results. After the market closes on Wednesday, November 3rd, 2021, these results will be revealed. If you’re planning to buy IAG shares, this is the next important date to keep an eye on. With these upcoming results in mind, will IAG stock be on your watchlist?

Hot Mining Stocks To Buy?

The stock market is often turbulent and perplexing. As a result, it’s best to concentrate on research and investing carefully. Nobody knows what will happen to mining stocks in the market as long as inflation fears persist and the pandemic roars on. As we approach mid-October, we’ll see what happens to mining stocks. Which companies will you add to your watchlist for the time being?

The post Top Mining Stocks To Watch Under $5 appeared first on Gold Stocks to Buy, Picks, News and Information | GoldStocks.com.

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Kesselrun Expands Size of Fisher Zone with Multiple High-Grade Intercepts

Kesselrun Resources Ltd. (TSXV:KES; OTCPK:KSSRF) (“Kesselrun” or the “Company”) is pleased to provide the following…

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Kesselrun Resources Ltd. (TSXV:KES; OTCPK:KSSRF) (“Kesselrun” or the “Company”) is pleased to provide the following drilling results on its Huronian Gold Project.

Continued drilling of the Fisher zone has been successful in confirming the continuity of the mineralization between the two high-grade shoots thus connecting them into one larger mineralized zone. The Fisher zone has now been extended to approximately 400 metres in strike length and approximately 200 metres in depth. Further drilling will continue to infill as well as expanding the size of the zone in all directions.

Highlights

  • 21HUR082 intercepted 18.6 g/t Au over 1.0 m within a 3.6 m wide zone which averaged 6.0 g/t Au
  • 21HUR108 intercepted 16.2 g/t Au over 1.4 m within a 3.6 m wide zone which averaged 6.1 g/t Au
  • 21HUR112 intercepted 25.1 g/t Au over 0.6 m within a 4.9 m wide zone which averaged 5.5 g/t Au
Figure 1: Schematic Long Section – Fisher Zone
Figure 2: NQ drill core 21HUR112 158.4 to 171.3 metres – Fisher Zone


Figure 3: NQ drill core 21HUR112 170.0 metres – Fisher Zone

Michael Thompson, P.Geo., President and CEO of the Company, commented, “Drilling on the Fisher zone is continuing to expand the footprint of gold mineralization both along strike and at depth. Earlier modelling suggested two separate high-grade shoots. Subsequent drilling and modelling has now revealed the continuity of gold mineralization between the two areas greatly expanding the Fisher zone size”.

The 2021 Huronian drill program is budgeted at 20,000 metres targeting the Fisher, Fisher North, McKellar and Huronian zones, all in close proximity along an approximate 1500 m strike length in the area of the historic Huronian Mine. The area also has tremendous potential for discovery of new wide zones of significant gold mineralization in light of the new revised mineralization model.

As of this news release approximately 16,750 metres has been drilled of which the results from approximately 10,750 metres of drilling have been released. Kesselrun is well funded to complete the budgeted 20,000 metre drill program.

Figure 4: Schematic Plan Map – Huronian Project


(1) Widths are drill indicated core length as insufficient drilling has been undertaken to determine true widths with at this time. Average grades are calculated with un-capped gold assays as insufficient drilling has been completed to determine capping levels for higher grade gold intercepts.

(2) Drill holes 21HUR108 through 112 were rushed and consequently results from significant portions of these holes are pending.About the Huronian Gold Project

The 100% owned Huronian Gold Project hosts the past producing Huronian Mine, Northwestern Ontario’s first gold mine with an historic resource estimate of 44,592 oz Au at an average grade of 15.3 g/t Au in the indicated category and 501,377 oz Au at an average grade of 14.4 g/t Au in the inferred category. The resource estimate presented for the Huronian Project is historic in nature. Kesselrun Resources’ qualified person has not completed sufficient work to confirm the results of the historical resource. Kesselrun Resources is not treating this as a current mineral resource but is considering it relevant as a guide to future exploration and includes it for reference purposes only. The historic resource was estimated by Minescape Exploration Inc. in 1998. Further drilling will be required by Kesselrun Resources to verify the historic estimate as current mineral resources.

As well, the Huronian Gold Project hosts the same lithological package of rocks, as interpreted from both Government of Ontario and Kesselrun Resources mapping, compilation and modelling, on strike from the adjacent Moss Lake Gold Deposit with an historic resource estimate of 1,377,300 oz Au at an average grade of 1.1 g/t Au in the indicated category and 1,751,600 oz Au at an average grade of 1.1 g/t Au in the inferred category as outlined in Wesdome Gold Mines’ 2013 PEA (3) (4). Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on Kesselrun Resources’ property.

  • Moss Lake Gold Mines (a subsidiary of Wesdome Gold Mines at the time) news releases February 20, 2013 and September 9, 2013.
  • On January 26, 2021, Wesdome Gold Mines announced that the Moss Lake Project would be purchased by Goldshore Resources Inc. (see Wesdome and Goldshore news releases dated January 26, 2021).

Qualified Person

Michael Thompson, P.Geo., President and CEO of Kesselrun, is the Qualified Person responsible for the project as defined by National Instrument 43-101 and has approved the technical information in this news release.

QAQC

Kesselrun has implemented a quality control program to comply with industry best practices for sampling, chain of custody and analyses. Certified gold reference standards, blanks and duplicates are inserted at the core processing site as part of the QA/QC program in addition to the control samples inserted by the lab. Samples are prepared and analyzed by Activation Laboratories in Thunder Bay. Samples are analyzed for gold using Fire Assay-AA techniques. Samples returning over 10 g/t gold are analyzed using Fire Assay-Gravimetric methods. Selected samples are also analyzed with a standard 1 kg metallic screen fire assay. All results reported herein have passed QA/QC protocols.

Health and Safety

The health and safety of our personnel and contractors is always top priority to Kesselrun. The current situation presents new challenges above and beyond what we normally face while working in the field. Kesselrun has implemented further measures to ensure the health and safety of all working on the Company’s projects.

About Kesselrun Resources Ltd.

Kesselrun Resources is a Thunder Bay, Ontario-based mineral exploration company focused on growth through property acquisitions and discoveries. Kesselrun’s management team possesses strong geological and exploration expertise in Northwest Ontario. For more information about Kesselrun Resources, please visit www.kesselrunresources.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

For additional information please contact:

Kesselrun Resources Ltd.

Michael Thompson, P.Geo., President & CEO

807.285.3323

[email protected]

Corporate Communications

1.866.416.7941 [email protected]

 

Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Kesselrun, including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, dependence upon regulatory approvals, the execution of definitive documentation, the availability of financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

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