- Miners' Wingman
- Posts
- Wingman's Toolbox: Introducing New Investor Tools 🛠️
Wingman's Toolbox: Introducing New Investor Tools 🛠️
Learn more about the Resource Calculator & Wingman's Checklist
Hello, and I know it has been a minute!
I'm thrilled to share with you something I have been hard at work on. You may have subscribed because of my daily email updates in the sector or because of my YouTube channel. However, with work being so busy lately, it was hard to commit to the daily grind of keeping an eye on industry news and reporting it. I started this to help myself be accountable and in hopes that others found value in it, and I did receive positive feedback.
With that same “why,” over the last few weeks, I have been refining a few Google Sheets and am happy to introduce you to Wingman's Toolbox!
These new tools are geared toward saving you time and enhancing your understanding of your investments. They are great for staying organized and gaining deeper insights into your portfolio.
Without further ado, let me introduce you to our newest offerings:
The Resource Calculator
Do you find yourself not bothering to calculate the resource value of a Mineral Resource Estimate?
Understanding what you own includes knowing the value of the rock, yet many people skip this exercise because it can be time-consuming and involves conversions— all that boring stuff.
But what if there was a way to do it in under a minute?!
Creating this spreadsheet took much longer than I anticipated! However, I believe it's definitely worth having in your tool belt for a one-time payment.
Watch the video to see if this product is something you can envision yourself using. If you're interested, you can learn more about the pricing here.
Please note that the Resource Calculator only factors in tonnes, pounds, and ounces. It does not support commodities measured in litres or grades expressed in mg/L.
Wingman’s Checklist
Now, if you're like me, you're probably familiar with the many factors to consider before taking a position in a company. But do you actually have a checklist or write anything down?
I've created this checklist so there's no need to write; instead, just select dropdowns and checkboxes. This tool will help ensure you consider the many factors when contemplating taking a position in a junior mining stock.
I created this tool with the main goal of serving as a checklist during the due diligence process. However, I decided to enhance it by incorporating a ranking system to assign tangible values to many of the intangible factors.
The checklist was inspired by Doug Casey’s 9 P’s, which we adapted into the 9 C’s for this purpose. It's important to acknowledge that Doug Casey was the true inspiration behind this checklist.
When evaluating these companies, you should be considering:
Characters
Capital Structure
Claims (Property)
Cash
Communication
Communities
Catalysts
Challenges
Commodity
The ranking system assigns a score out of 10, and there's even a section to prioritize what you value most. It's important to note that this score is not intended as a recommendation to buy or sell a stock. Like many financial metrics and ratios, it's another number to consider, albeit not without its flaws.
I recommend reviewing the video above. This tool is designed for individuals willing to put in more effort. If you're interested, you can purchase it here.
Pricing
These tools are Google Sheets, and I'm not a website creator. If someone steals the formulas, so be it. However, I kindly ask that if you purchase one or both of these products, you be a wingman for me and refrain from sharing them all over public chat forums.
Both tools require just a one-time payment, and if you opt for the value pack, you can save 20%. The Resource Calculator is priced at C$49.99, and the checklist is priced at C$64.99.
Since you're subscribed to this newsletter, you can use PROMOCODE: DAY1 at checkout to receive an additional 15% off your order.
These tools were created for retail investors, and I really hope you take the time to watch the videos to learn more about them!
Thank you! 🙏
Reply