A man named Michael Williams used to run a company called Underworld Resources that found gold and sold it for a lot of money. Then he started another company called Aftermath Silver, which had some ups and downs with its stock price but is now doing better. People who have invested with him before are investing again because they think he can make them more money. They want to buy copper and gold in the future when their prices go up. Some people writing this article own shares of Aftermath Silver or other companies, so they might be a little biased. Read from source...
1. The author seems to have a close relationship with Michael Williams, as he mentions their history dating back to 2009 and praises his investment success. This creates a potential conflict of interest and bias in the analysis.
2. The article focuses on the share price performance of Aftermath Silver, which is not directly relevant to the company's fundamental prospects or the overall market conditions for copper and gold mining. Share prices can be influenced by many factors unrelated to a company's actual value or potential.
3. The author claims that we are in "early days" of a copper-gold bull market, but does not provide any evidence or analysis to support this assertion. This is an emotional and speculative statement rather than a rational argument based on data or trends.
4. The author's decision to invest in Vortex Minerals through the "Friends and Family" unit offering because of his previous success with Michael Williams is also a biased and irrational choice, as it relies on personal connections rather than objective evaluation of the company's prospects or risks.
Bullish
Analysis: The article discusses the recovery and success of Aftermath Silver Ltd., a company led by Michael Williams. The author mentions his history with Williams and highlights how he has made investors money in the past. The shares of Aftermath Silver have increased significantly since January 2020, reaching CA$1.70 per share in January 2021. Eric Sprott, a well-known investor, also invested 19.9% of the company's capital. The author is taking a position in Vortex Minerals Inc., another company led by Williams, and expresses optimism about the future of copper and gold markets. Overall, the article has a positive sentiment towards Aftermath Silver Ltd. and Michael Williams, as well as a bullish outlook on the copper-gold market.
1. Vortex Minerals Inc.: Buy at CA$0.09 with a target price of CA$0.25, expected in Q4 2023. Risk: High, as the junior mining sector is volatile and subject to market fluctuations. Diversify your portfolio by investing in other sectors as well.
2. Aftermath Silver Ltd.: Buy at CA$0.15 with a target price of CA$0.40, expected in Q3 2023. Risk: Medium, as the company has a strong management team and a promising project. However, investors should be aware of the potential for further dips in the market due to macroeconomic factors.
3. American Eagle Gold Corp.: Hold at CA$0.35 with a target price of CA$0.50, expected in Q2 2024. Risk: Low, as the company has a solid track record and a strong balance sheet. However, investors should monitor the gold prices closely, as they may impact the stock performance.