The Problem With Mining Newsletters

The Problem With Mining Newsletters

We have all heard people discussing just how small the mining and exploration sector is, but there may be nearly as many newsletters as there are exploration companies on the Canadian stock exchanges.

The inherent issue with newsletters in this domain stems from the abundance of companies which results in many thinly traded securities. Any substantial newsletter can potentially sway market movements. Worse yet, writers might partake in advantageous private placements, making it that much harder for the general speculators in the open market.

While there are commendable writers like Lobo Tiggre, who offer transparency through their portfolios, it remains a realm where trust is elusive. Even with a transparent portfolio, there's always a shadow of doubt—any writer could trade in undisclosed accounts.

Emulating Success

Miners’ Wingman drew inspiration from the highly successful crypto newsletter, Milk Road. Despite an even smaller industry than the exploration industry, Milk Road was able to grow to over 250,000 subscribers in less than a year for a few reasons.

• The crypto industry has a more youthful demographic and they created a fun and easy way to understand the crypto market

• They provided important and relevant market updates

• Milk Road had a portfolio of their investments that was shared with subscribers. What is interesting is that their portfolio underperformed, but the transparency and humility were refreshing.

Miners’ Wingman aims to bridge the gap for younger individuals intrigued by the intricate exploration space. Success here demands your full attention and the willingness for exhaustive research, spanning various domains such as:

• Geology & Ore Bodies

• Mineral Resources & Reserves Estimation

• The Lassonde Curve & Exploration Process

• Metallurgy

• Construction & Permitting

• Financing & Capital Structure

• Qualitative factors such as management, market sentiment, etc

• A plethora of risks which can veto a project (water rights, political/jurisdictional risks, etc)

It can be overwhelming for someone and frankly many probably would benefit by just walking away before even starting the enchanting journey of finding the next 10 bagger in hopes of materially changing their life.

But, if you’re interested and willing to commit, it helps to pay attention to developments in the space and we encourage you to subscribe if you’re looking for a newsletter that provides that in a fun and quick way.

As a subscriber you can also see Wingman’s portfolio performance as we review every weekend just how good or bad it has been performing and if we are selling or taking new positions.

Clarity on Portfolio

It's crucial to clarify what Wingman’s portfolio represents. It's not a recommendation to buy, sell, or hold stocks, nor is it a reflection of personal net worth. This is a hobby that further helps us ensure we are paying attention to the space as well as an investment journal.

Beginning with a modest C$10,000, it's a testament to our commitment to this field and to help share our thought process with interested individuals. We may miss some key points and the attempt is not to be completely exhaustive in our reasoning, rather we aim to explain the main reasons why we like a specific company.

Monetization isn't our current priority, however, we would be lying if we did not dream that one day we could live the nomad lifestyle and give the boss the bird and be on our way.

We don't, and will never, accept money or any form of compensation from entities or individuals to feature stocks in our portfolio. If we ever explore monetization avenues, it will be transparently communicated to our subscribers.