Latest / Financial Survival Network / Mining for Profits: Insider Trading, Strategies, and Market Trends - Dudley Baker #6120

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Mining for Profits: Insider Trading, Strategies, and Market Trends - Dudley Baker #6120 · Financial Survival Network

• 0:00
  Speaker 1: And so I just I love these little companies. Sometimes
• 0:05
  Speaker 1: we have to wait. But all I can say is
• 0:07
  Speaker 1: that if it's say, if you've ordered it eight cents Canadian, well,
• 0:10
  Speaker 1: how long do you want to wait to say, get
• 0:13
  Speaker 1: a dollar two dollars? I mean this it's worth waiting for,
• 0:17
  Speaker 1: is my mind set. So just be patient, and it's
• 0:21
  Speaker 1: all about what's going to be coming, is the market
• 0:24
  Speaker 1: environment is going to change.
• 0:26
  Speaker 2: You're listening to Carrie Let's's Financial Survival Network, where you
• 0:30
  Speaker 2: get valuable information you just can't find anywhere else to
• 0:34
  Speaker 2: thrive in today's trying times. You need the Financial Survival
• 0:38
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• 0:43
  Speaker 2: com and get your free newsletter and gift. Financial Survival
• 0:47
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• 0:53
  Speaker 3: And welcome you are listening to and watching the Financial
• 0:57
  Speaker 3: Survival Network. I'm your host Carrie Let's. Well, I haven't
• 1:00
  Speaker 3: had this person on in a while, but I'm really
• 1:02
  Speaker 3: happy to get them back. Dudley Baker common Stock Warrens
• 1:06
  Speaker 3: dot com. Got a question for Dudley myself. Shoot me
• 1:09
  Speaker 3: an email kl at Carrie Leuts dot com. Dudley, so hey,
• 1:15
  Speaker 3: the sector our mining sector here? Well, the price of
• 1:19
  Speaker 3: metals has taken off. Certainly, gold trading at all time
• 1:23
  Speaker 3: or near all time nominal highs, silver still only sixty
• 1:27
  Speaker 3: percent of its all time highs. When is this thing
• 1:32
  Speaker 3: going to turn around?
• 1:33
  Speaker 1: Here? Well, it's good to be here, Carrie, and I
• 1:36
  Speaker 1: sure wish I knew the answer to that question. I
• 1:39
  Speaker 1: think all of us in the business are kind of
• 1:42
  Speaker 1: stretching our heads as to you know, with with gold
• 1:45
  Speaker 1: up where it's at, so as we speak, bro only
• 1:48
  Speaker 1: like you know, sixty bucks off the all time high,
• 1:51
  Speaker 1: soilber a little bit down, just a little bit. But
• 1:54
  Speaker 1: I mean it's looking good for the metals. Other than then,
• 2:00
  Speaker 1: some of the bigger mining companies, the little ones exploration
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  Speaker 1: companies that I love to play. I love to play
• 2:09
  Speaker 1: because of the incredible upside leverage once they do kick
• 2:12
  Speaker 1: in and once things start happening. But right now that
• 2:15
  Speaker 1: game has not started, and the smaller companies are still
• 2:21
  Speaker 1: damn near hovering at their lows. What do you do
• 2:25
  Speaker 1: with this? As our friend Rick ruel Real would say,
• 2:29
  Speaker 1: I mean, just as a pure contrarian, this is the
• 2:33
  Speaker 1: time we need to be accumulating. Now. Are we going
• 2:37
  Speaker 1: to have to wait another three months, six months or
• 2:40
  Speaker 1: year before we start getting some really good prices to
• 2:43
  Speaker 1: the hipside. I don't have the answer to that question.
• 2:47
  Speaker 1: I'm a guy that I just think I've got to
• 2:49
  Speaker 1: buy now when I feel like these are about as
• 2:52
  Speaker 1: low as they could go, and so many that the
• 2:55
  Speaker 1: stocks that I own, I mean, we're talking pennies pennies, yeah,
• 3:00
  Speaker 1: uh and and and even warrants pennies and uh. And
• 3:04
  Speaker 1: the deal is, you just need to be patient here.
• 3:07
  Speaker 1: Our time will come, and I think it's gonna you know, yeah,
• 3:10
  Speaker 1: maybe maybe it's months or whatever, but I I just
• 3:14
  Speaker 1: can't believe. It's hard to believe everything that we're facing
• 3:17
  Speaker 1: in the world today, you know, with uh, with the
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  Speaker 1: bombs being you know, you know, sailing left and right,
• 3:23
  Speaker 1: and then all over in the Middle East, and uh,
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  Speaker 1: all the political uh you know, i'll say, chaos going
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  Speaker 1: on in the United States. Uh, assassination, entertainments, all kinds
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  Speaker 1: of stuff. Nothing, nothing has been enough to to even
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  Speaker 1: rattle the cage on these little mining stocks. So it's
• 3:42
  Speaker 1: good the goal that's over holding up. I think we're
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  Speaker 1: just building a base here at these high prices and
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  Speaker 1: for the next major major leg up. We just don't
• 3:52
  Speaker 1: know exactly when that's going to kick off.
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  Speaker 3: Yeah, well it always does though, right the dogs. Every
• 3:59
  Speaker 3: dog has its day, right.
• 4:01
  Speaker 1: Oh yeah, if we knew the answer to win, we'd
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  Speaker 1: all been rich yesterday. You know.
• 4:07
  Speaker 3: Yeah, well, hey, our day will come, right, But so
• 4:13
  Speaker 3: so to poise to get ready. You know, your thing
• 4:17
  Speaker 3: is warrancecommon stock warrants dot Com. I think from any
• 4:22
  Speaker 3: of you out there, you're probably not familiar with warrants.
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  Speaker 3: They're not as big a factor in the market as
• 4:27
  Speaker 3: they were, say, thirty forty years ago, when even a
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  Speaker 3: lot of the big board companies in the US would
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  Speaker 3: give out warrants as part of the you know, capital
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  Speaker 3: raising incentive if you will. You know, now it seems
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  Speaker 3: like it's the miners and very microcaps that are giving
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  Speaker 3: them out now and actually listing them.
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  Speaker 1: Yeah, it's it's just a different name as I look
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  Speaker 1: at it. It was probably back in nineteen eighty one
• 5:00
  Speaker 1: cargo board is go to trade started you know, treating options,
• 5:04
  Speaker 1: and then warrants kind of went by the side and
• 5:07
  Speaker 1: dropped off of everybody's radar screen. And of course, I
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  Speaker 1: guess everybody loves the speed and liquidity and everything of
• 5:16
  Speaker 1: the option treating. But I think the stats still are
• 5:20
  Speaker 1: high percentage are going to go off the ward worthless.
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  Speaker 1: So with warrants, we've got a lot more time. It
• 5:28
  Speaker 1: is a I always love to say a warrant on
• 5:31
  Speaker 1: what it's like saying a stock option, a call option
• 5:35
  Speaker 1: on what it's the underlying company that we're interested in.
• 5:40
  Speaker 1: And so it's that underlying company that we like that
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  Speaker 1: we have we believe has the potential to rise substantially.
• 5:49
  Speaker 1: And with the warrants sometimes we can get them that
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  Speaker 1: are issued with a four year or a five year life.
• 5:56
  Speaker 1: Now I will say, without mentioning names, Uh, my goal subscribers,
• 6:02
  Speaker 1: they get to see my entire portfolio, and you were
• 6:05
  Speaker 1: one of my goal subscribers, so you get to see
• 6:07
  Speaker 1: we'll talk about So I don't want to mid aims
• 6:09
  Speaker 1: to piss off all my current subscribers. But my number
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  Speaker 1: one and number two position based on value are both
• 6:18
  Speaker 1: companies that have long term warrants trading. One is a
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  Speaker 1: sober sober play, uh, that's got roughly a four year life.
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  Speaker 1: The other one is a goal play that basically has
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  Speaker 1: a four and a half year life. Uh, I'm really
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  Speaker 1: comfortable with all that time. I finally had a year
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  Speaker 1: year and a half of life left on this, on this,
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  Speaker 1: on these warrants, i'd be concerned, but I probably wouldn't
• 6:47
  Speaker 1: own them. I wouldn't but wouldn't have bought them. But
• 6:50
  Speaker 1: but at this point, uh, lots of time, lots of
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  Speaker 1: upside opportunities. One of these warrants is going, Uh, you
• 6:57
  Speaker 1: bite all day long for two cents and we got
• 7:00
  Speaker 1: a four year life. I mean, I'm looking for fifty
• 7:04
  Speaker 1: cents to a dollar myself, so call me greedy, but
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  Speaker 1: we got time. And this is a little silver company
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  Speaker 1: that I think is it's going to be marvelous. I
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  Speaker 1: can't believe it's so far under everybody's radar spring here
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  Speaker 1: at the moment. But just big, big opportunities. But you know,
• 7:23
  Speaker 1: the average individual should not feel bad if you are
• 7:26
  Speaker 1: not familiar with stock warts. So because there's even a
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  Speaker 1: lot of professionals, I do believe that that that have
• 7:35
  Speaker 1: no idea. I remember once I always love to tell
• 7:40
  Speaker 1: the story. So as people sign up, just give us
• 7:44
  Speaker 1: your email address and you get some bonus products. And
• 7:47
  Speaker 1: one is my stock Warrant handbook, and I make a
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  Speaker 1: reference to this, so I think, as I recall, I
• 7:52
  Speaker 1: know I saw you many times in New York, it's shining.
• 7:56
  Speaker 1: And on this one event, I'm standing there talking to
• 7:59
  Speaker 1: a couple of other newsletter writers and one of them says, Dudley,
• 8:03
  Speaker 1: I hate to ask you this question, but what is
• 8:06
  Speaker 1: a warrant? And you know, I just you know, a
• 8:13
  Speaker 1: pause for a moment and then went ahead and answered
• 8:15
  Speaker 1: the question and and all of this. But what that
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  Speaker 1: tells me as well is that this individual has never
• 8:24
  Speaker 1: done participated in a private placement in the mining space.
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  Speaker 1: All of these little companies are having private placements all
• 8:33
  Speaker 1: the time, and there's always a warrant attached to those
• 8:38
  Speaker 1: private placements. Now, not all of those warrants will trade,
• 8:44
  Speaker 1: but they are you know, privately issued to the investors.
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  Speaker 1: So the company and their management team are the one
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  Speaker 1: that makes the decision whether they do or do not
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  Speaker 1: want those stock warrants to trade on the markets. So, yeah,
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  Speaker 1: we've got some of the mining space that actually trade
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  Speaker 1: on the New York Stock Exchange. Most of them are
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  Speaker 1: pretty much in the uh in the venture on the
• 9:09
  Speaker 1: Toronto Exchange. But for the most part we've got a liquidity.
• 9:14
  Speaker 1: So my message is don't don't be uh yeah. I
• 9:18
  Speaker 1: use the word of barrows don't be at Barros if
• 9:19
  Speaker 1: you don't know what stock warn is. We've got all
• 9:22
  Speaker 1: kind of free information on the site.
• 9:25
  Speaker 4: Uh, we've now got got got quite a few YouTube
• 9:29
  Speaker 4: you know, uh videos up me talking about this, that
• 9:33
  Speaker 4: about you know, exercising and expiration dates and uh and
• 9:37
  Speaker 4: all kinds of different things, and uh, just try to
• 9:41
  Speaker 4: keep it simple.
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  Speaker 1: This is not rocket science. This is just I just
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  Speaker 1: always say they're very They're very similar to stock options.
• 9:49
  Speaker 1: So just think about stock options, except this will trade
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  Speaker 1: just like shares with a symbol on the exchanges, with
• 9:58
  Speaker 1: a longer life. And that's what we want. Time. We
• 10:02
  Speaker 1: want as much time as we could possibly get on
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  Speaker 1: these positions because we don't know how much time we're
• 10:09
  Speaker 1: going to need for the goal and over shares to
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  Speaker 1: really go to the moon. And that's what I'm looking
• 10:15
  Speaker 1: to happen, for them to go to the moon. So
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  Speaker 1: I'm not making I'm not here to make a couple
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  Speaker 1: of hundred percent. I'm here to make you know, five
• 10:22
  Speaker 1: hundred thousand, five thousand percent. We're looking for home runs
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  Speaker 1: on virtually all of my posicians. Yeah for sure, for sure,
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  Speaker 1: and those those types of gains in the market. As
• 10:33
  Speaker 1: someone who's been in it for over forty years. They're
• 10:37
  Speaker 1: kind of hard to come by, aren't they. Oh, yeah,
• 10:41
  Speaker 1: they don't. They don't happen all the time. And the
• 10:45
  Speaker 1: only way you can really get those those big percentages
• 10:49
  Speaker 1: is you need to be in on the cheap, you know.
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  Speaker 1: I mean, if you're buying it at five dollars or
• 10:56
  Speaker 1: ten dollars, I mean, the chance of you, you know,
• 10:59
  Speaker 1: making thousands of are pretty limited. So whenever you see examples,
• 11:03
  Speaker 1: normally those are, yeah, you're coming in way below a dollar,
• 11:07
  Speaker 1: and then you can get the incredible gains, incredible opportunities.
• 11:12
  Speaker 1: On the home page of our website, I've got at
• 11:16
  Speaker 1: least probably twenty real life examples with names and percentages
• 11:21
  Speaker 1: of the gains that I personally have had. And so
• 11:25
  Speaker 1: just visit common stock Warrants dot com and you'll see
• 11:28
  Speaker 1: you'll see down below just some real life examples of
• 11:34
  Speaker 1: that have been accomplished through the years. But yeah, they
• 11:36
  Speaker 1: just don't You don't know when the next one's going
• 11:39
  Speaker 1: to show up. And that's why you just need on
• 11:42
  Speaker 1: board and be patient. And so I sometimes I'm more
• 11:47
  Speaker 1: of a patient guy than I ever wanted to be,
• 11:50
  Speaker 1: But it is what it is.
• 11:52
  Speaker 3: It sounds like your patience is being tried here. But
• 11:55
  Speaker 3: just to tell you, back in twenty eleven, I bought
• 12:00
  Speaker 3: like I kind of mirrored your portfolio. I had ten
• 12:04
  Speaker 3: and twelve baggers like they were going out of style here,
• 12:08
  Speaker 3: like I had never never had any other market. So
• 12:13
  Speaker 3: timing in this market is really everything.
• 12:16
  Speaker 1: Isn't it? It is incredibly so, And you know, sometimes
• 12:20
  Speaker 1: you don't know how fast you could have these big games.
• 12:25
  Speaker 1: One of the examples I like to throw out that
• 12:28
  Speaker 1: was what year was it? Two thousand and sixteen? Was
• 12:33
  Speaker 1: that when when.
• 12:34
  Speaker 3: Sixteen was the good year?
• 12:36
  Speaker 1: Well, and there was a company Northern Dynasty, big project
• 12:41
  Speaker 1: project up in Alaska, always highly controversial. And if you
• 12:46
  Speaker 1: remember before the election, you know one of Trump Trump
• 12:51
  Speaker 1: thinks Trump was going to do was ease up on
• 12:53
  Speaker 1: the EPA regulations. Well, that little company in June of
• 12:59
  Speaker 1: that year came out with a five year warrant that
• 13:02
  Speaker 1: warn't started trading at roughly sixteen and a half cents.
• 13:08
  Speaker 1: Little did we know that that warrant I ended up
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  Speaker 1: exiting in January. So I was gone, you know, seven
• 13:16
  Speaker 1: seven or eight months, and was selling it up in
• 13:18
  Speaker 1: the three dollar range. So in his sixteen and a
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  Speaker 1: half cents and selling in the three range. That was
• 13:24
  Speaker 1: a hell of a ride, and in a really really
• 13:28
  Speaker 1: short period of time. So you just never know when
• 13:32
  Speaker 1: these opportunities are going to jump up. And that's that's
• 13:35
  Speaker 1: why I always encourage subscribers, you know, stick around with us.
• 13:38
  Speaker 1: Could you never know when the next warrant is going
• 13:40
  Speaker 1: to be issued by a company, h what I think
• 13:44
  Speaker 1: about it or whatever? It's uh, you know, everybody can
• 13:47
  Speaker 1: have different opinions as to what's a good deal, what's
• 13:50
  Speaker 1: what's a bad deal, But no, the opportunities if yeah,
• 13:56
  Speaker 1: I believe these two, these two warrants, and I read
• 13:59
  Speaker 1: a lot more than that. But these two that that
• 14:01
  Speaker 1: our reference, that have got a four four and a
• 14:03
  Speaker 1: half year life, Uh, we got a lot of time,
• 14:08
  Speaker 1: and we're going to have some incredible bull markets in
• 14:10
  Speaker 1: the in the medals, in these mining stocks before those
• 14:14
  Speaker 1: warrants go off the board. So it's just a matter
• 14:16
  Speaker 1: how much are we going to make that's the thing.
• 14:18
  Speaker 1: How much?
• 14:19
  Speaker 3: Yeah, it's inevitable.
• 14:21
  Speaker 1: Huh yeah in my mind it is, yeah, mine too.
• 14:25
  Speaker 3: But the market, the market acts on its own time frame,
• 14:30
  Speaker 3: doesn't care about.
• 14:31
  Speaker 1: You, right, right, right, well, you know one thing that
• 14:36
  Speaker 1: we were we were chatting about before before we started here,
• 14:40
  Speaker 1: we were talking about a little bit about insiders, you know,
• 14:43
  Speaker 1: following the insiders and for my subscribers. Uh. You know,
• 14:49
  Speaker 1: I I've been religious about this for many, many years,
• 14:53
  Speaker 1: and I personally pay a few hundred dollars a month,
• 14:58
  Speaker 1: uh for this special service to monitor all the insider
• 15:03
  Speaker 1: activity on all of the warrants that are we got
• 15:08
  Speaker 1: in our database, which are basically, let's say eight eight
• 15:12
  Speaker 1: hundred or so in the mining space, we're probably looking
• 15:16
  Speaker 1: at one hundred and fifteen, one hundred and twenty whatever,
• 15:19
  Speaker 1: you know, a cold mining oil and gas. This is
• 15:22
  Speaker 1: going to But I've got hyperlinks to insider trading, and
• 15:27
  Speaker 1: this is so crucial to me. It's just ingrained in
• 15:32
  Speaker 1: me of who I am. You have to at least
• 15:36
  Speaker 1: ask the question, are the insiders buying or the insiders selling? Well,
• 15:40
  Speaker 1: you and I know, and hopefully everybody knows, the insiders
• 15:43
  Speaker 1: are selling. You need to be staying away from that puppy.
• 15:46
  Speaker 1: If you own it, you need to be exiting the party.
• 15:49
  Speaker 1: But one company that I will mention by name is Allegiant.
• 15:56
  Speaker 1: So it's like this, the stadium and in Las Vegas,
• 16:01
  Speaker 1: so Allegiant Gold, and it's a little company that's anywhere
• 16:06
  Speaker 1: from eighteen to twenty cents right here at the moment.
• 16:08
  Speaker 1: They've got like five exploration projects in of audit. But
• 16:14
  Speaker 1: what we have right now is three insiders, i'll say,
• 16:19
  Speaker 1: buying the hell out of it, consistently buying those shares
• 16:24
  Speaker 1: open market transactions, just like you and me. So a
• 16:28
  Speaker 1: period of accumulation. I was in basically the same price
• 16:34
  Speaker 1: around twenty cents here today. For a while it dropped
• 16:38
  Speaker 1: down to about twelve cents, and that's kind of when
• 16:42
  Speaker 1: the twelve to thirteen cent range, if I recall, is
• 16:45
  Speaker 1: where the insiders really started coming in much more aggressively.
• 16:49
  Speaker 1: And this has been going on for a number of
• 16:51
  Speaker 1: months now, so this is not a flash in the pan.
• 16:54
  Speaker 1: And this is what I love to see, the steady
• 16:56
  Speaker 1: accumulation by the insiders the market. And we don't know
• 17:03
  Speaker 1: what's going to happen, but pretty much assured it's not
• 17:07
  Speaker 1: going to be bad news. There's no negative. They're not
• 17:09
  Speaker 1: buying in the face of negative.
• 17:11
  Speaker 3: Not buying because they expected the price to go down,
• 17:14
  Speaker 3: are they.
• 17:14
  Speaker 1: That's right, that's right. So I'm I'm really comfortable and
• 17:18
  Speaker 1: uh and confident, and and that's this little company has
• 17:22
  Speaker 1: no warrants that are trading. So you know, I look
• 17:25
  Speaker 1: at it my my personal portfolio. That again my goal
• 17:28
  Speaker 1: subscribers get to see. I'm just here to try to
• 17:32
  Speaker 1: make money. Now, if there's opportunities on companies that have
• 17:36
  Speaker 1: stock warrants, then obviously that makes sense that I'm going
• 17:39
  Speaker 1: to buy the warrants that if it's got a long life.
• 17:42
  Speaker 1: But otherwise, if it's just some of the smaller mining
• 17:45
  Speaker 1: companies that I'm interested in, those common shares and and
• 17:49
  Speaker 1: so I probably got it's probably about a ballast right now.
• 17:55
  Speaker 1: I probably I'm pretty much weighted to a lot of
• 17:57
  Speaker 1: positions in the warrants right here at the moment with
• 18:00
  Speaker 1: these two because you know, one, I've got a I've
• 18:02
  Speaker 1: got a monster position and one of these warts. So
• 18:06
  Speaker 1: let's just say being being over a million, it took
• 18:08
  Speaker 1: me a while to accumulate it. But but I'm looking
• 18:12
  Speaker 1: for fifty cents to a dollar and uh maybe a
• 18:15
  Speaker 1: lot more in a rip roaring mark really so uh.
• 18:18
  Speaker 3: That's trading for mere pennies now, huh.
• 18:21
  Speaker 1: You buy it all day long? Run Now two cents,
• 18:24
  Speaker 1: so you know, it's just it's almost sounds crazy. But
• 18:31
  Speaker 1: in this little this little h this little company is
• 18:34
  Speaker 1: going into production early next year, and it's like, how
• 18:37
  Speaker 1: can this still be selling for almost nothing? It's like
• 18:40
  Speaker 1: giveaway prices. I think it's just it's a state of
• 18:44
  Speaker 1: the markets where we are today. Baby being thrown out
• 18:47
  Speaker 1: with the bath water. It's just unbelievable. So, uh, they're
• 18:52
  Speaker 1: just staying there very patiently waiting, i'd say, waiting for
• 18:55
  Speaker 1: all of you guys listening to come on board, you know,
• 18:58
  Speaker 1: and to see what with these companies are. And then
• 19:01
  Speaker 1: always say, you know, just just because you get to
• 19:04
  Speaker 1: see my portfolio, that's great. But I always want everybody
• 19:08
  Speaker 1: to do their own due diligence. Absolutely your on research.
• 19:12
  Speaker 1: Make sure just because I like it doesn't mean you're
• 19:14
  Speaker 1: you're going to like the company, so we are to
• 19:17
  Speaker 1: be comfortable with it. But I do monitor the insider
• 19:20
  Speaker 1: activity on all this positions, and you'll see links on
• 19:24
  Speaker 1: all of these jompanies to insiders, which, yeah, you got
• 19:27
  Speaker 1: to do your own due diligence.
• 19:29
  Speaker 3: Don't take anybody's word for anything, because in the end,
• 19:33
  Speaker 3: when you have if you have the loss it's on you,
• 19:37
  Speaker 3: it's not on the person you listen to, and don't
• 19:40
  Speaker 3: shoot the messenger.
• 19:41
  Speaker 1: Right, we all have to take responsibility. Yeah, so true.
• 19:46
  Speaker 3: All right, hey, can you give us one more and
• 19:49
  Speaker 3: understand whatever Dudley's talking about here, We're not being paid
• 19:54
  Speaker 3: to recommend these shares. This is just his opinion, educational
• 19:58
  Speaker 3: purposes only and all that. But when Dudley talks, I
• 20:03
  Speaker 3: generally listen.
• 20:04
  Speaker 1: Well, you know one one other and I've been on
• 20:07
  Speaker 1: board this, uh, this one, I'm gonna call it. It's
• 20:10
  Speaker 1: uh uh il e oh is on the Venture Exchange.
• 20:13
  Speaker 1: It's Lion uh Copper and Goal. This year we are
• 20:18
  Speaker 1: old Qua Terra Resources for here. Sure, and a year
• 20:22
  Speaker 1: or two ago they changed the names. Uh. They've got
• 20:25
  Speaker 1: a big copper project that they're uh still exploring, getting
• 20:30
  Speaker 1: ready to develop in Nevada. One of the the JV
• 20:35
  Speaker 1: partner is a subsidiary of oh my god, uh one
• 20:41
  Speaker 1: of the really big companies, Monster companies. Uh that the
• 20:44
  Speaker 1: name justilluse me at the moment, so on it. But
• 20:48
  Speaker 1: now it's it's a monster JV partner, but lyon copper
• 20:53
  Speaker 1: and Goal. Uh. Right now, this is probably sitting at
• 20:56
  Speaker 1: about eight cents in the past when I'd love to
• 21:01
  Speaker 1: take some of these little companies that go back and
• 21:03
  Speaker 1: look at a twenty or thirty year chart, you know
• 21:05
  Speaker 1: where the share prices have been, and with the with
• 21:10
  Speaker 1: the mindset that there have not been any rollbacks, any
• 21:12
  Speaker 1: reverse stock splits in this one, there hasn't a been
• 21:16
  Speaker 1: so historically these little shares have run up to four
• 21:20
  Speaker 1: dollars from the level that we're selling at today. Now, Yeah,
• 21:26
  Speaker 1: when you read the fundamentals on this company and what
• 21:29
  Speaker 1: they're working on there in Nevada, I still scratch my
• 21:35
  Speaker 1: head and say, how can these shares still be sitting
• 21:38
  Speaker 1: at eight cents? And in the US we're talking about
• 21:41
  Speaker 1: a nickel? And I mean, it's my goodness, Well, you know,
• 21:45
  Speaker 1: I've got let's just say, I've got a decent position,
• 21:48
  Speaker 1: you know, but yeah, I'm looking, you know, minimum fifty
• 21:51
  Speaker 1: cents dollar rock and roll market, look looking for a
• 21:56
  Speaker 1: good thing. So yeah, I love to go down the
• 22:01
  Speaker 1: list of everything that I do own and and kind
• 22:06
  Speaker 1: of ask myself, Yeah, why the hell do I own
• 22:09
  Speaker 1: this company? All of us need to do this.
• 22:14
  Speaker 3: I know that feeling, God, I know that feeling only
• 22:17
  Speaker 3: too well.
• 22:18
  Speaker 1: Yeah, and I still feel yeah, for basically all of them.
• 22:23
  Speaker 1: A strong, a strong feeling that I understand why I'm there.
• 22:28
  Speaker 1: It's either the insiders or a long history. You know.
• 22:31
  Speaker 1: I look at those long charts and as long as
• 22:34
  Speaker 1: they've got cash in the bank, uh, not contemplating a
• 22:38
  Speaker 1: reverse stock split. I hate those son and bitches myself,
• 22:41
  Speaker 1: and so I just I love these little companies. Sometimes
• 22:47
  Speaker 1: we have to wait. But all I can say is
• 22:50
  Speaker 1: that if I say, if you've already eight since Canadian, well,
• 22:53
  Speaker 1: how long do you want to wait to say, get
• 22:55
  Speaker 1: a dollar two dollars? I mean this it's worth waiting for,
• 23:00
  Speaker 1: is my mindset. So just be patient, and uh, it's
• 23:04
  Speaker 1: all about what's going to be coming is the market
• 23:07
  Speaker 1: environment is going to change and all of these chairs
• 23:10
  Speaker 1: are just going to explode. You and I have seen this,
• 23:12
  Speaker 1: you know, numerous times during our years. But the deal is, man,
• 23:17
  Speaker 1: it's almost the harder that you wanted to happen tomorrow.
• 23:20
  Speaker 1: It just doesn't happen. It's going to take place on
• 23:22
  Speaker 1: its own time, and we just have to be there
• 23:25
  Speaker 1: in place, and uh, this go along for the ride.
• 23:29
  Speaker 1: I think the fun part will be the decision when
• 23:32
  Speaker 1: do we start selling? When do we start lightening you.
• 23:37
  Speaker 1: That's going to be your worst problem. Yeah, that's the
• 23:39
  Speaker 1: worst problem. So how are we going to limit our gains?
• 23:42
  Speaker 1: Are we going to ride this baby? Yeah?
• 23:44
  Speaker 3: Well tell us though about your uh selling strategy? How
• 23:51
  Speaker 3: does that work?
• 23:52
  Speaker 4: Uh?
• 23:53
  Speaker 1: Well, I'm not sure there's a firm strategy. Number one.
• 23:56
  Speaker 1: If you've got a monster gain, uh, you know, it's
• 24:00
  Speaker 1: always good to take some money off the table. You know.
• 24:03
  Speaker 1: Back to that example on that Northern Dynasty warrant. You know,
• 24:07
  Speaker 1: I was thinking to myself, I mean, God, is this
• 24:10
  Speaker 1: going to go any even higher? You know, if you
• 24:12
  Speaker 1: bought it at sixteen and a half cents and you're
• 24:14
  Speaker 1: selling it at three dollars or more, Well, I mean,
• 24:17
  Speaker 1: so let's just say that's a couple two thousand sine
• 24:21
  Speaker 1: or so. Well, what are we really looking to do here?
• 24:23
  Speaker 1: So I just I just thought, baby, don't don't, don't
• 24:27
  Speaker 1: get any greedy or just take it. This all came
• 24:31
  Speaker 1: in seven or eight months. Wow, you know, they'd been
• 24:35
  Speaker 1: so fast. It's like, just take it and run. It's
• 24:37
  Speaker 1: sure enough. Everything rolled lower shortly thereafter. And the irony
• 24:42
  Speaker 1: is that when when the five years was up on
• 24:45
  Speaker 1: that warrant, it went off the board as Zerote, and
• 24:49
  Speaker 1: this happens equally that just because you've got a five
• 24:53
  Speaker 1: year life, but you may have one or two rides,
• 24:56
  Speaker 1: you know, good volatility along that route for the war
• 25:00
  Speaker 1: five years. But if you say to some people ask
• 25:05
  Speaker 1: the question, God, if it's a five year warrant, I
• 25:08
  Speaker 1: need to hold it for five years? Of course not.
• 25:11
  Speaker 1: You can sell it tomorrow. You know, we buy it today,
• 25:13
  Speaker 1: sell it tomorrow. So yeah, oh Dan, you make this decision,
• 25:18
  Speaker 1: just like the calm the common shares. So but no,
• 25:22
  Speaker 1: a lot a lot of times it doesn't make sense.
• 25:24
  Speaker 1: I remembered years ago. It's easy if you see the
• 25:29
  Speaker 1: insiders selling many many years ago now that Victoria Gold.
• 25:35
  Speaker 1: I was in Victoria Gold, and I was probably in
• 25:37
  Speaker 1: that or oh at ten eight eight to ten cents.
• 25:41
  Speaker 1: Insiders had really been buying, aggressively buying, and eventually it's
• 25:48
  Speaker 1: up to seventy some odd since I know they've done
• 25:52
  Speaker 1: a rollback. Now it's the price didn't meant anything. But
• 25:54
  Speaker 1: back then it was a nice we had a really
• 25:56
  Speaker 1: nice percentage game. Yeah, and all of a sudden we
• 26:00
  Speaker 1: get monster insider selling. You know, four or five of
• 26:03
  Speaker 1: the officers theyre in there selling every day. It's like,
• 26:06
  Speaker 1: you know, you got to go. Yeah, if they're going,
• 26:11
  Speaker 1: you got to go. And uh and that just pray
• 26:13
  Speaker 1: it to be a good Uh. Well, those are easy
• 26:18
  Speaker 1: decisions when you see the insider selling. Sometimes so easy,
• 26:22
  Speaker 1: but it always makes sense. Take some money off board. Yeah,
• 26:26
  Speaker 1: all these examples I've got and where I've got a
• 26:28
  Speaker 1: nice position. Yeah, I'd love to see them go up,
• 26:32
  Speaker 1: you know, five times right now, So I've got all
• 26:36
  Speaker 1: the money off the table. Thedn't decide how much you
• 26:40
  Speaker 1: want to ride with it, you know, And uh, because
• 26:43
  Speaker 1: I think as long as we've got time and as
• 26:46
  Speaker 1: long as we're we really the mining stocks have not
• 26:49
  Speaker 1: aggressively started kicking in to the upside, I think we've
• 26:53
  Speaker 1: got more to go. So again, you can't have it.
• 26:57
  Speaker 1: There's no way you can have a ten burger. You know,
• 26:58
  Speaker 1: we see the reference all the time, ten baggers, twenty baggers.
• 27:02
  Speaker 1: You ain't have a ten bagger if you're selling it
• 27:04
  Speaker 1: when I was only up five times. So you've got
• 27:07
  Speaker 1: to be willing to stay. But yet you've got to
• 27:10
  Speaker 1: be smart enough to get some capital off of the
• 27:12
  Speaker 1: table and uh just redeployed and and buy something else.
• 27:17
  Speaker 1: With those gains. But feel good you that you've taken
• 27:21
  Speaker 1: You've had a good position, so don't mess it up.
• 27:24
  Speaker 3: And uh, because so many of you out there, and
• 27:27
  Speaker 3: myself included, I'm not holding myself out here by any stretch.
• 27:33
  Speaker 1: Uh.
• 27:34
  Speaker 3: You know that's always a problem when do you take profits?
• 27:37
  Speaker 3: And one thing I like to do and when it
• 27:40
  Speaker 3: happens God willing, is if a stock doubles, sell half
• 27:46
  Speaker 3: of it, right yeah.
• 27:49
  Speaker 1: I mean you know you.
• 27:51
  Speaker 3: Never lose money taking a profit, right. Yeah, that's right.
• 27:55
  Speaker 1: Well, i'd like I'd always like to get more, but
• 27:58
  Speaker 1: I can't. I can't disagree with what you're saying because
• 28:01
  Speaker 1: that's the old traditional rule. You know, when you double,
• 28:05
  Speaker 1: if you sell, have you get your money off the
• 28:07
  Speaker 1: table and then you let the other half ride. Yeah,
• 28:11
  Speaker 1: and maybe that's the that's the piece that will become
• 28:14
  Speaker 1: your your ten bagger or your twenty bagger.
• 28:17
  Speaker 3: You can well the case, right, I mean, hey, stuff
• 28:20
  Speaker 3: happens sometimes it can be life changing, right you bet,
• 28:24
  Speaker 3: I'll beg chime. Yeah, that's what I like. Small bets
• 28:29
  Speaker 3: with limited downside risk that can lead to huge returns.
• 28:35
  Speaker 3: That's always uh. I mean most of your for portfolio,
• 28:39
  Speaker 3: maybe you don't want to be betting the ranch on,
• 28:42
  Speaker 3: you know, but hey, you know, it can really it
• 28:48
  Speaker 3: can really be a big deal for you.
• 28:51
  Speaker 1: Yeah, I think I think we're knocking on the door
• 28:54
  Speaker 1: of that major opportunity. You know, there's others that believe
• 28:58
  Speaker 1: like that it's a financial markets in the United States
• 29:02
  Speaker 1: really roll over to the downside, that it's a good
• 29:06
  Speaker 1: chance that you know, the mining socks could go down
• 29:09
  Speaker 1: with it, because they are still stocks, and people beep
• 29:13
  Speaker 1: selling those just because they have value, and that's that's
• 29:16
  Speaker 1: that's that's a chance. It's not necessarily a given in
• 29:21
  Speaker 1: my mind, but we have to be aware of that.
• 29:24
  Speaker 1: But I think those that are that are saying that
• 29:27
  Speaker 1: that's their opinion also believe that once the bottom is in,
• 29:32
  Speaker 1: say the financial markets have hit Alow, then it's going
• 29:37
  Speaker 1: to be time for these resource companies, these highly speculated
• 29:41
  Speaker 1: a little companies that selling for pennies that will go
• 29:46
  Speaker 1: to the moon. Back back in the late nineteen seventies,
• 29:50
  Speaker 1: Philow wrote this article I need to dust it off,
• 29:53
  Speaker 1: And I reached out to him many many years ago
• 29:55
  Speaker 1: and asked for permission to reprint it. And he's kind
• 29:59
  Speaker 1: of moved on doing other stuff other than the mining space.
• 30:02
  Speaker 1: But he said, yeah, go for it, Dudley. And it
• 30:05
  Speaker 1: was like, I think it was called gold and silber stalks.
• 30:08
  Speaker 1: How high can they go? Well, he'd gone back into
• 30:14
  Speaker 1: the late nineteen seventies and looked at the price of
• 30:18
  Speaker 1: some of the shares that were selling for literally, you know,
• 30:21
  Speaker 1: a penny, two pennies, three pennies, and looked in nineteen
• 30:26
  Speaker 1: eighty when gold was peaking in that eight hundred range,
• 30:31
  Speaker 1: and some of these were up two hundred dollars and
• 30:36
  Speaker 1: three hundred dollars a share five hundred dollars. Can you
• 30:39
  Speaker 1: imagine buying something for a couple of pennies and writing
• 30:42
  Speaker 1: it to five hundred dollars. I mean, that's that is
• 30:46
  Speaker 1: even beyond my wildest dreams, said, come true. Who's got
• 30:53
  Speaker 1: the ability to stay that long?
• 30:55
  Speaker 4: You know?
• 30:55
  Speaker 1: The same power?
• 30:56
  Speaker 3: Hey, It's like if you bought bitcoin when it was five,
• 31:00
  Speaker 3: how many of you are still holding it at sixty
• 31:03
  Speaker 3: seven thousand right now, right right right?
• 31:07
  Speaker 1: So you never say never. But I think that was
• 31:10
  Speaker 1: said Obviously an incredible speculative time for the speculative markets
• 31:17
  Speaker 1: really caught fire. And yeah, my gud just tells me
• 31:22
  Speaker 1: we're really close to this happening again, all right, a
• 31:25
  Speaker 1: little more paper rutes. I think I think we're going
• 31:28
  Speaker 1: to be there and this will be game changer, life
• 31:32
  Speaker 1: changing money to be made on this next big up
• 31:37
  Speaker 1: cycle for the minors. I do believe. So I'm ready,
• 31:40
  Speaker 1: Bitty Boyd, and I believe you're correct. I'm well positioned.
• 31:45
  Speaker 1: And suggests that everybody get well positioned. And yeah, whoever
• 31:50
  Speaker 1: you like to listen to, you know everybody they have
• 31:53
  Speaker 1: their favorite newsletter writers. And that's great because I listen
• 31:58
  Speaker 1: to certain people as well. So I've got numerous subscriptions myself.
• 32:04
  Speaker 1: Uh yeah, nobody has the rail so you love to
• 32:06
  Speaker 1: have different opinions, yea. And everybody's recommending some different stocks
• 32:11
  Speaker 1: and different approaches. And I always I always think that
• 32:15
  Speaker 1: I know some of the other guys that in their newsletters, uh,
• 32:21
  Speaker 1: and I know they've recommended say x y Z company,
• 32:24
  Speaker 1: and I know because of my knowledge, I know X
• 32:27
  Speaker 1: y Z company has a warrant that's trading. Well, I
• 32:30
  Speaker 1: know even know that that company has a warrant trading
• 32:33
  Speaker 1: because they're not paying attention to the stock warrants. So
• 32:36
  Speaker 1: I look at stocking warrants is a little bit of
• 32:38
  Speaker 1: a filtering mechanism. Uh, it's just another another service that
• 32:43
  Speaker 1: would complement any other investment service that you've got, whether
• 32:47
  Speaker 1: you're looking at stock warrants in the United States are
• 32:51
  Speaker 1: just in the regular spab. There's a lot of tech companies,
• 32:54
  Speaker 1: a lot of AI companies now that have got stock
• 32:56
  Speaker 1: warrants that are trading. And so just what what all
• 33:01
  Speaker 1: that means is the more there is. That means more opportunities.
• 33:06
  Speaker 1: But you need to do the filtering. So in our
• 33:08
  Speaker 1: website you can slice, dice, filter, soor any way that
• 33:13
  Speaker 1: you want based upon our data and off of our databasees.
• 33:17
  Speaker 1: So it's it's really cool. Yeah, I've actually got two
• 33:21
  Speaker 1: web two web guys now and so my son still
• 33:24
  Speaker 1: works the backhand, okay with all the data and and
• 33:28
  Speaker 1: it's set all this stuff up for all the all
• 33:31
  Speaker 1: the sorting and and uh just all all the raw
• 33:34
  Speaker 1: data that anybody could ever want. Very cool. Yeah, so
• 33:39
  Speaker 1: it's a cool it's a cool call it. I still
• 33:41
  Speaker 1: call it a game. But it's the game being played
• 33:43
  Speaker 1: with serious money.
• 33:45
  Speaker 3: And you know what's best about and we've got to
• 33:48
  Speaker 3: make this clear, what's best about your website is proprietary. Yeah,
• 33:53
  Speaker 3: you might be able to track the information down, but
• 33:55
  Speaker 3: you'll never be able to find all the information that
• 33:59
  Speaker 3: Dudley provides in one place. It just doesn't exist. To
• 34:03
  Speaker 3: my knowledge, Tudly.
• 34:04
  Speaker 1: It never has. Yeah, we've we've I came up with
• 34:08
  Speaker 1: this idea roughly almost twenty years ago, and so you know,
• 34:13
  Speaker 1: we started out just being called Precious Metals Warrants dot Com.
• 34:18
  Speaker 1: And it decided in twenty eleven or twelve somewhere near
• 34:22
  Speaker 1: to expand into the US market with all the US warrants,
• 34:25
  Speaker 1: and so it's been it's been quite a ride. But
• 34:28
  Speaker 1: we yeah, via the raw data, all the data that
• 34:31
  Speaker 1: we enter, all the SEC information, all this stuff that
• 34:35
  Speaker 1: people have access to, you charts, you know, all kind
• 34:40
  Speaker 1: of links to the insider information. It's it's all right
• 34:45
  Speaker 1: there in front of an individual if they want to
• 34:48
  Speaker 1: explore there, and it's up to each individual that it's sure. Me,
• 34:52
  Speaker 1: I'm pretty much limited myself in this day and time
• 34:56
  Speaker 1: and for the last several years to just the mining
• 34:59
  Speaker 1: space because That's what I've always wanted. Now do I
• 35:02
  Speaker 1: regret that kind of sort of because you know, should
• 35:05
  Speaker 1: have should have been a little more diversified, you know. Uh,
• 35:09
  Speaker 1: but now we're we're uh we're on the verge of
• 35:12
  Speaker 1: are the game think coming to us? And uh, but yeah,
• 35:17
  Speaker 1: there's uh yeah for people that that again say that,
• 35:21
  Speaker 1: uh that they don't like the miners, you know, that's
• 35:23
  Speaker 1: too volatile, it's true whatever. Uh, that's because there's a
• 35:27
  Speaker 1: lot of other opportunities. But then within the common stock
• 35:31
  Speaker 1: warrant databases, uh, a lot of great opportunities out there.
• 35:36
  Speaker 1: So something for everybody is what I like to say.
• 35:39
  Speaker 1: All Right, well we like that.
• 35:40
  Speaker 3: Hey, all right, Dudley. Uh, just it's Common Stock Warrants
• 35:45
  Speaker 3: dot com. You can go there, sign up for a subscription,
• 35:48
  Speaker 3: highly recommended. I'm a subscriber. Got a question, you can
• 35:52
  Speaker 3: send me an email. I'll get you an answer. K
• 35:55
  Speaker 3: L at Carrie Let's dot com. And uh, you'll find
• 35:59
  Speaker 3: the link of the show's in this interview on Financial
• 36:02
  Speaker 3: Survival Network dot com. And hey, reach out to us,
• 36:07
  Speaker 3: let us know what you think, because I think is
• 36:10
  Speaker 3: one of the most amazing services that I've come across
• 36:14
  Speaker 3: in my illustrious career. Here Dudley, well, thank you, thank you.
• 36:19
  Speaker 3: It's really incredible. H And just the fact that you
• 36:23
  Speaker 3: put it together because you saw that nobody else had
• 36:27
  Speaker 3: it to me, really says it all. So all right, Dudley,
• 36:31
  Speaker 3: we'll talk to you again, said, thanks for so much
• 36:33
  Speaker 3: for snaring them by great day.
• 36:35
  Speaker 2: Thanks for listening to carry lets This Financial Survival Network
• 36:39
  Speaker 2: your solution to today's trying times. For the latest, go
• 36:43
  Speaker 2: to Financial Survivalnetwork dot com. Financial Survival Network now more
• 36:49
  Speaker 2: than ever,