Precious Metals & Minerals

I always look at economics of the business
A bird in the hand is worth 2 in the bush and the question is how sure are you there are 2 in the bush and how long you have to wait to get them out
1. How many birds are in the bush?
2. When you gonna get them out?
3. How sure are you?
If interest rates are 15% roughly you've got 2 birds out of bush in 5 years equal to bird in the hand but if interest rates are 3% and you can get 2 birds out in 20 years it still makes sense to give up the bird in the hand because it's all gets back to discounting an interest rate. Often you don't know not only how many birds in the bush but in the case of internet companies there were not any birds in the bush but they still take the bird that you give them from the hand
Loop through all the subindustries and try to understand how many birds are in the bush from the perspective of economics of the business

Revenue	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
Display GDP grow per year to compare with Revenue Change
1. Lucara Diamond Corp LUCRF										0	0	0	42	181	265	224	295	221	176	193
2. Eastern Platinum Limited ELRFF				0	0	012.6	102		117	111	156	113	83	32	0	0	0	0	0.41	39
3. Avino Silver & Gold Mines Ltd ASM	0	0	0	0	0	0	0	0	0	0	0	0	2.27	15.15	16.61	14.92	35	33	34	32
4. Santacruz Silver Mining Ltd SZSMF													0	0	10.63	8.64	11.81	11.4	13.15	29
5. GoGold Resources Inc GLGDF									0	0	0	0	0	0	0	12.52	16.7	17.05	21	27
6. Golden Minerals Company AUMN	0	0	0	0	0	0	1.62	54	420	12.9	11.53	1.84	26	10.68	0.24	8.07	6.4	6.69	7.22	7.73
7. Rochester Resources Ltd RCTFF	4.58	5.26	0.23	0.08	0	0	0	0	9.34	3.58	8	9.5	11.26	12.04	12.2	10.71	7.4	7.41	8.64	6.99	7.91
8. Diamcor Mining Inc DMIFF														0.53	3.88	3.07	4.68	5.93	5.95	4.11	3.96
9. Archon Minerals Limited AHNMF	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0.84	0.73	1.67
10. Paramount Gold Nevada Corp PZG							0	0	0	0	0	0	0	0	0	0.17	0.1	0.28	0.34	0.4	0.73
11. Star Diamond Corporation SHGDF				0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0.09
12. Brazil Minerals, Inc BMIX													0	0.79	0.49	0.06	0.01	0.04	0.02	0.02
13. Nuinsco Resources Limited NWIFF		0	0	0	0	0	0.61	0.71	0.18	0	0	0.1	0.12	0	0	0	0	0	0	0
14. Platinum Group Metals Ltd PLG					0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
15. Iconic Minerals Ltd BVTEF								0	0	0	0	0	0	0	0	0	0	0	0	0
16. Bravada Gold Corporation BGAVF													0	0	0	0	0	0	0	0	0
17. Carbon Streaming Corporation MXVDF						0	0	0	0	0	0	0	0	0					0	0	0
18. Chesapeake Gold Corp CHPGF													0	0	0	0	0	0	0	0
19. North Springs Resources Corp NSRS											0	0				0	0.06	0.05		0
20. Bear Creek Mining Corporation BCEKF							0	0	0	0	0	0	0	0	0	0	0	0	0	0
21. Olivut Resources Ltd OLVRF													0	0	0	0	0	0	0	0	0
22. iMine Corporation JRVS														0	0	0	0	0	0	0
23. Comstock Metals Ltd CMMMF												0	0	0	0	0	0.01	0	0	0
24. Gungnir Resources Inc ASWRF	0	0	0	0	0	0	0	0	0.05	0	0	0	0	0	0	0	0	0	0	0
25. North Arrow Minerals Inc NHAWF														0	0	0	0	0	0	0	0
26. Kootenay Silver Inc KOOYF													0	0	0	0	0	0	0	0
27. Gainey Capital Corp GNYPF														0	0	0	0	0	0	0	0
28. SilverCrest Metals Inc SILV																0	0	0	0	0
29. Dolly Varden Silver Corporation DOLLF													0	0	0	0	0	0	0	0
30. Serengeti Resources Inc SGRNF														0	0	0	0	0	0	0	0
31. Aurion Resources Ltd AIRRF														0	0	0.03	0	0	0	0
32. Mexus Gold US MXSG														1.16	0.19	0	0.1	0	0	0	0
33. Braveheart Resources Inc RIINF											0	-0.09	-0.25	0	0	0	0	0	0	0	0
34. Osisko Mining Inc OBNNF														0	0	0	0	0	0	0
35. First Energy Metals Limited ASKDF			0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
36. Metalex Ventures Ltd MXTLF														0	0	0	0	0	0	0	0
37. Stratabound Minerals Corp AGSM													0	00		0	0	0	0	0
38. Sun Summit Minerals Corp SMREF													0	0	0	0	0	0	0	0
39. Argentum Silver Corp AGSVF													0	0	0	0	0	0	0	0	0
40. Gold79 Mines Ltd AUSVF														0	0	0	0	0	0	0
41. El Capitan Precious Metals, Inc ECPN										0		0		0	0	0	0	0
42. Plata Latina Minerals Corporation PLLMF													0	0	0	0	0	0	0	0
43. American International Ventures, Inc AIVN														0	0.23	0.05	0	0.17	0.04
44. Rockwell Diamonds Inc RDIAF							0	9.44	37	27	29	44	35	31	41	3.6	0.92	0.75	0	0	0
45. Universal Copper Ltd ECMXF			3.65	6.09	7.44	11.52	11.8	13.19	6.21	4.67	3.07	0	0	0	0	0	0	0	0	0
46. Colt Resources Inc COLTF													0	0	0	0
47. Andover Mining Corp AOVTF											0	0	0	0
48. The Graystone Company, Inc GYST												0.13	0.16		0.39	0.36	0.15
49. Tsodilo Resources Limited TSDRF	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
50. Hinterland Metals Inc HNLMF														0	0	0	0	0	0	0
51. Golden Phoenix Minerals, Inc GPXM	0.09	0.34	0.12	0.1	1.56	0.75	0.18	10.4	0	0.06	0.11	0.2	0.03	0	0	0
52. Santa Fe Gold Corporation SFEG	0	0.02	0.07	0.06	0.17	0.06	0.02	0.01	0	0.07	0.32	6.44	11.53	14.57	2.1	0.07	0.01	0	0	0
53. Diamond Fields Resources Inc DFIFF								2.52	3.32	0.7	0.8	0.06	0	0	0	0	0	0	0	0	0
54. Aya Gold & Silver Inc MYAGF										0	0	0	0	0	0	0	0	0	0	0
55. Canterra Minerals Corporation CTMCF													0	0	0	0	0	0	0	0
56. Stroud Resources Ltd SDURF												0.11	0.08	0.08	0.07	0.04	0.03	0.04	0.03	0
57. USCorp USCS								0	0	0	0	0	0	0	0
58. Independence Gold Corp IEGCF													0	0	0	0	0	0	0	0
59. Searchlight Minerals Corp SRCH	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
60. Stornoway Diamond Corporation SWYDF		0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	197	165
61. Tahera Diamond Corporation TAHEF	0	0	0	0	0	0	5.62
62. Gold and GemStone Mining Inc GGSM											0	0	0	0
63. Jayden Resources Inc PNMLF							0	0	0	0	0	0	0	0	0	0	0	0	0	0
64. Rockhaven Resources Ltd RKHNF										0	0	0	0	0	0	00	0	0	0	0
65. True North Gems Inc TNGMF													0	0	0	0	0	0	0	0
66. United Silver Corp USCZF										15.75	10.33	11.99	10.66
67. Portage Resources Inc POTG											0	0	0	0	0	0	0.04

Revenue Growth

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

Display GDP growth per year to compare with Revenue Change

1. Lucara Diamond Corp LUCRF

NAN

INF

4.31

1.47

0.84

1.32

0.75

0.8

1.09

2. Eastern Platinum Limited ELRFF

NAN

INF

8.08

1.15

0.95

1.41

0.73

0.74

0.38

NAN

INF

94.79

3. Avino Silver & Gold Mines Ltd ASM

NAN

INF

6.67

1.1

0.9

2.32

0.96

1.02

0.93

4. Santacruz Silver Mining Ltd SZSMF

NAN

INF

0.81

1.37

0.96

1.15

2.21

5. GoGold Resources Inc GLGDF

NAN

INF

1.33

1.02

1.23

1.28

6. Golden Minerals Company AUMN

NAN

INF

33.32

7.78

0.03

0.89

0.16

14.21

0.41

0.02

34.34

0.79

1.05

1.08

1.07

7. Rochester Resources Ltd RCTFF

1.15

0.04

0.36

NAN

INF

0.38

2.23

1.19

1.07

1.01

0.88

0.69

1.17

0.81

1.13

8. Diamcor Mining Inc DMIFF

7.31

0.79

1.52

1.27

0.69

0.96

9. Archon Minerals Limited AHNMF

NAN

INF

0.87

2.28

10. Paramount Gold Nevada Corp PZG

NAN

INF

0.58

2.9

1.23

1.16

1.82

11. Star Diamond Corporation SHGDF

NAN

INF

12. Brazil Minerals, Inc BMIX

INF

0.62

0.13

0.21

3.25

0.46

0.78

13. Nuinsco Resources Limited NWIFF

NAN

INF

1.16

0.26

NAN

INF

1.23

NAN

14. Platinum Group Metals Ltd PLG

NAN

15. Iconic Minerals Ltd BVTEF

NAN

16. Bravada Gold Corporation BGAVF

NAN

17. Carbon Streaming Corporation MXVDF

NAN

18. Chesapeake Gold Corp CHPGF

NAN

19. North Springs Resources Corp NSRS

NAN

INF

0.83

20. Bear Creek Mining Corporation BCEKF

NAN

21. Olivut Resources Ltd OLVRF

NAN

22. iMine Corporation JRVS

NAN

INF

NAN

23. Comstock Metals Ltd CMMMF

NAN

INF

NAN

24. Gungnir Resources Inc ASWRF

NAN

INF

NAN

25. North Arrow Minerals Inc NHAWF

NAN

26. Kootenay Silver Inc KOOYF

NAN

27. Gainey Capital Corp GNYPF

NAN

28. SilverCrest Metals Inc SILV

NAN

29. Dolly Varden Silver Corporation DOLLF

NAN

30. Serengeti Resources Inc SGRNF

NAN

31. Aurion Resources Ltd AIRRF

NAN

INF

NAN

32. Mexus Gold US MXSG

0.17

0.01

37.98

NAN

33. Braveheart Resources Inc RIINF

-INF

2.76

NAN

34. Osisko Mining Inc OBNNF

NAN

35. First Energy Metals Limited ASKDF

NAN

36. Metalex Ventures Ltd MXTLF

NAN

37. Stratabound Minerals Corp AGSM

NAN

38. Sun Summit Minerals Corp SMREF

NAN

39. Argentum Silver Corp AGSVF

NAN

40. Gold79 Mines Ltd AUSVF

NAN

41. El Capitan Precious Metals, Inc ECPN

NAN

INF

42. Plata Latina Minerals Corporation PLLMF

NAN

43. American International Ventures, Inc AIVN

INF

0.24

INF

0.24

44. Rockwell Diamonds Inc RDIAF

INF

3.89

0.73

1.06

1.53

0.79

0.91

1.3

0.09

0.26

0.81

NAN

45. Universal Copper Ltd ECMXF

1.67

1.22

1.55

1.02

1.12

0.47

0.75

0.66

NAN

46. Colt Resources Inc COLTF

NAN

47. Andover Mining Corp AOVTF

NAN

48. The Graystone Company, Inc GYST

1.22

2.46

0.92

0.41

49. Tsodilo Resources Limited TSDRF

NAN

50. Hinterland Metals Inc HNLMF

NAN

51. Golden Phoenix Minerals, Inc GPXM

3.69

0.34

0.83

15.92

0.48

0.24

58.75

INF

1.71

1.86

0.17

NAN

52. Santa Fe Gold Corporation SFEG

INF

3.61

0.85

3.05

0.33

0.29

0.44

INF

4.38

20.13

1.79

1.26

0.14

0.03

0.09

NAN

53. Diamond Fields Resources Inc DFIFF

1.32

0.21

1.14

0.07

NAN

54. Aya Gold & Silver Inc MYAGF

NAN

55. Canterra Minerals Corporation CTMCF

NAN

56. Stroud Resources Ltd SDURF

0.71

0.99

0.93

0.53

0.9

1.1

0.8

57. USCorp USCS

NAN

INF

NAN

58. Independence Gold Corp IEGCF

NAN

59. Searchlight Minerals Corp SRCH

NAN

60. Stornoway Diamond Corporation SWYDF

NAN

INF

0.84

61. Tahera Diamond Corporation TAHEF

NAN

INF

62. Gold and GemStone Mining Inc GGSM

NAN

63. Jayden Resources Inc PNMLF

NAN

64. Rockhaven Resources Ltd RKHNF

NAN

65. True North Gems Inc TNGMF

NAN

66. United Silver Corp USCZF

0.66

1.16

0.89

67. Portage Resources Inc POTG

NAN

INF