Invest Like Eric Sprott

Tapping the follow-the-leader strategy to find precious metal stocks

eResearch is pleased to publish an Industry Report on “Invest Like Eric Sprott”. You can download the full 37-page report by clicking here: eR-InvestLikeEricSprott_IR_2020-02-27_FINAL

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EricSprott-Comp-Table
Source: S&P Capital IQ

Copy-Cat, Follow-the-Leader, “Monkey See, Monkey Do”, Mirror or Coat-Tails investing, this form of investment strategy is called by many names. As each name suggests, this investment strategy consists of replicating the investment ideas of a well-known investor, investment manager or investment fund.

REPORT HIGHLIGHTS:

  • In the Mining industry, one of the largest investors of the past year was Eric Sprott. Eric Sprott is a vocal proponent of buying gold. He is a billionaire, an entrepreneur and business mogul.
  • Eric Sprott is the founder of many companies including Sprott, Inc. and Sprott Asset Management, and presently holds the position of Chairman for Sprott Money and Director for Novo Resources Corp.
  • He continues to “put his money where his mouth is” by making investments in precious metals companies. If you are looking for a gold company to invest in, researching where Eric Sprott is investing is a good place to start.
  • Over the past year, Mr. Sprott went on a financing spree and invested over $200 million in Junior Mining companies and we have provided a list of 46 of these companies.
  • We have also provided a list of two companies that we think should be on Eric Sprott’s radar and are worth adding to your watch list: AbraPlata Resource Corp. (TSXV: ABRA) and Endurance Gold Corporation (TSXV: EDG).

COMPANY SPOTLIGHTS:

AbraPlata logo

  • AbraPlata Resource Corp. (TSXV: ABRA)
    • Undervalued compared with other silver & gold exploration companies.
    • Supported by strategic shareholders, Altius Minerals and SSR Mining.
    • Advanced-stage project with PEA and resource of 81 million ounces of silver and 0.7 million ounces of gold.
    • Recent drill results included 17.5 metres of 604 g/t silver and 7.0 metres of 20.6 g/t gold.

Endurance Gold - logo

  • Endurance Gold Corporation (TSXV: EDG)
    • Reliance Gold Property: Optioned in September 2019, road-accessible gold project in B.C., located near Gold Bridge and the Bralorne-Pioneer Gold Mining Camp, which has historically produced over four million ounces of gold. Focus of 2020’s exploration budget, including drilling.
    • Elephant Mountain Gold Project: Consists of two properties (Elephant and Trout-Wolverine) located in the Tintina Gold Belt near Eureka, Alaska. Multiple targets identified that require drilling.
    • The Company has an Equity Portfolio that funds exploration and retained NSR’s.

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You can download the full 37-page report by clicking here: eR-InvestLikeEricSprott_IR_2020-02-27_FINAL

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Companies mentioned in this report:

  • AbraPlata Resource
  • Aftermath Silver Ltd.
  • Amarillo Gold Corp
  • American Creek
  • Americas Gold and Silver
  • Amex Exploration Inc.
  • Argo Gold Inc.
  • Aurion Resources Ltd.
  • Balmoral Resources Ltd
  • Benchmark Metals Inc.
  • Bonterra Resources Inc.
  • Brixton Metals
  • Canadian Palladium
  • Chesapeake Gold Corp.
  • Continental Gold Inc.
  • Discovery Metals Corp.
  • Dolly Varden
  • Ely Gold Royalties Inc.
  • Endurance Gold
  • Freegold Ventures
  • Galleon Gold Corp.
  • Generation Mining
  • Golden Predator Mining
  • Golden Tag Resources
  • Goldsource Mines Inc.
  • Gran Colombia Gold
  • Jaguar Mining Inc.
  • Kalamazoo Resources
  • Kootenay Silver Inc
  • KORE Mining Ltd.
  • MacDonald Mines
  • Metallic Minerals Corp.
  • Moneta Porcupine
  • New Age Metals Inc.
  • Outcrop Gold Corp.
  • Palladium One
  • Prophecy Development
  • Pure Gold Mining Inc.
  • Rio2 Limited
  • Royal Nickel Corporation
  • Scottie Resources Corp.
  • Silver One Resources
  • Stroud Resources Ltd.
  • Teuton Resources Corp.
  • Trigon Metals Inc.
  • Tudor Gold Corp.
  • Unigold Inc.
  • Wallbridge Mining

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About Chris Thompson 358 Articles
Chris Thompson is the President and Director of Equity Research at eResearch. He is a Professional Engineer and CFA Charterholder with a MBA in Investment Management and over 15 years of experience in software development, FinTech, telecommunications, and information technology. For the past 10 years, he has worked in the Capital Markets in Equity Research, M&A Investment Banking and Consulting in various sectors.