Latest / Financial Survival Network / Investing in Warrants and Cheap Stocks - Dudley Baker #5873

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Investing in Warrants and Cheap Stocks - Dudley Baker #5873 · Financial Survival Network

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That's the power of some of the warrant potential. The shares have gone up
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a little bit, but not substantially. Now that warrant will probably continue to
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go up as the company performs, as you know, as metal prices start
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picking up and all the resource factors starts to perform. You're listening to carry
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Letts's Financial Survival Network, where you get valuable information you just can't find anywhere
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else to thrive in today's trying times. You need the Financial Survival Network now
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more than ever. Go to Financial Survival and Network dot com and get your
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free newsletter and gift. Financial Survival Network now more than ever. And welcome
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you are listening to watching the Financial Survival Network. I'm your host carry lets
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Well. I've liked this person's publication for over a decade. I've made money
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off of it on several occasions in spite of myself, and and he's back
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with us now. Dudley Baker common Stock Warrants dot Com. It is,
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to my knowledge, the most comprehensive database of common stock warrants out there.
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And Dudley, it's great to have you back on the show. So warrants
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mostly publicly traded warrants. We're focusing on the resource sector. The resource sector
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has been a veritable train wreck of late. But every dog has its day,
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not that I think it's a dog. I think it's elemental for successful
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investing and to the benefit of society. You've got to have resources. What
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is wrong with the market now, Dudley Man, I'll gonna say our day
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will come when that's going to be, But I've got to believe sooner rather
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than later, you know, I would think this is what I have to
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call a contrarian's dream right now, because these resource shares are beaten up so
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bad and continuing to be beaten up here this morning as as we as we
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talk, and uh, but it's setting the stage for something here, and
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it just kind of I think all of us in the business, so to
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speak, can't quite believe that the resource shares are lagging as bad as they
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are, even you know, with gold still hanging up here in the nineteen
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hundred range and bouncing on the two thousand, the shares just historically are just
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really really depressed. Now, I've got to believe there's going to be a
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big snapback once reality does set in. We don't know what that will be.
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You know, I've got another service. I think a lot of us
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in the business or not have a lot of other news, newsletters or whatever
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that we subscribe to. Our views are basically, you know, come from
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somewhere. We just don't wake up in the morning and dream all this stuff
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up. So you know, we follow certain people in the business, you
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know that we like that we respect. Hopefully they're right more often than wrong.
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But but you know, well we all have our our companies that we'd
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like to follow. There's one that I subscribe to. If I can mention,
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I got no dog in this fight. There's no affiliate program, there's
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no nothing. But it's coming down to maybe this is why we are so
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depressed at the moment. In Gold and it shares this is Gone Global James
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Flannagan. It follows a lot of the work of DW Gone and I've been
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on board with them for six months or so, maybe a year. What
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JIMC is coming up according to his work August fourteen, so we're knocked it
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on the door of August fourteen is the sixty year cycle low and precious metal
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stocks. As he's measuring this in December December fourth, I believe it is
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uh ninety year cycle low precious metal stocks. Let's assume for the moment that
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this is correct, Okay, and I can't. I can't. I'm not
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here to to overly promote anybody's service, you know. It's just a front
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work here that I've got that that if if Jem's right, well, this
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is causing a big down pressure on gold and on mining shares as we speak,
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and they're almost coming down into these cycle lows, major major sixty and
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ninety year cycle lows. Once these lows have passed, then the downside pressure
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should be released and we should see a big upmove you know, at least
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starting to perform. And that's kind of what I'm kind of in following James
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to some degree. I follow a lot of people, but this just makes
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sense to me. And so once these dates have passed, and this first
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August date coming up, a lot of downside pressure will be released. We
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should start seeing some nice movement coming up in the gold and the chairs.
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And of course he's looking for major, major movement to the upside once these
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cycle lows are in place. So I just kind of like to throw that
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on the table and maybe this is all happening because of these cycle lows out
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here that that we're all confronted with, and then we get back to the
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funnelmentals, is what's gonna you know, what's gonna make gold go up?
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Unfortunately, right right here as we speak, the US dollars as started performing
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very well again. We're back over one o two on the US dollar decks.
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And uh, you know, I think once we broke U couple of
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weeks ago, broke that one hundred level U, there was a good chance
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we was just going to fall away and that would have been great for goal.
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But low and behold, the dollar comes back, the strength comes back,
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and all of this good stuff. So I always say, you know,
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the timing, the timing is difficult. I mean, it's I think
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our gut feel is that we're getting closer and closer every day to a bottom,
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to some impulse movement that's going to start making our sector perform and doing
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a big, big catchup. You know. Always with me, I always
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love to talk about the ten baggers. Nowadays, if we get monster rally
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in front of US and Golden it shares ten baggers will be nothing many going
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up ten times a thousand percent you know, when you've got little stocks down
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selling for a few pennies and they're still in business. It's like, my
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goodness. You know, now you're looking at twenty thirty, forty fifty times
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your money potentially, And so I think it be who's you know, all
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all of our listeners. You'll kind of pay attention, take advantage because it's
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some of these are fairly decent companies that are selling on the cheap being given
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away at the moment, and that will come back to life. Yeah,
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you're pretty confident about that, huh, Dudley, Well, I am confident
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now whether this starts tomorrow or three months from now, but I do believe.
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Yeah, my gut tells me by the end of this year, we're
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going to be substantially higher than we are today. Now, every individual can
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play this differently. You can say, well, Dudley, okay, I
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believe you, but I'm going to wait until, you know, the shares
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start moving up, and I'm going to buy into this at a later date.
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Well, once I think you know, I know you've seen it before.
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I've seen it many times. Once this sector does turn, it can
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go up one hundred percent just overnight. I mean it'll be incredible, so
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you will be prepared pain, you know, double the price, triple the
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price, and yes, there will be a lot more to come. But
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me, I've always been a guy that gets in early. And believe me,
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those of us that get in early, we go through a lot of
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pain and a lot of frustration because we are freaking early. And so I'm
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not a happy camper here at the moment. But I have full confidence that
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at the end of the day here that we're gonna all all of the positions
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I've got are going to perform incredibly well. So anyhow, I just I
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just fully believe that you know I've got I've got one. Let me mention
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one one warrant that started recently trading here since I'm yeah, do you think
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of me as a warrant guy? I better mention one warrant anyway, uh,
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And I do not own it. And the story is why do I
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not own it? Okay, So so yeah, no, it's it's it's
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a bizarre story because it's Lie and Lion won medals. L I O on
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the Venture Exchange, a big project over in the out in the middle of
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the islands in the Fiji Islands, and I know that's one of Bob Moriarty's
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companies, you know, et cetera. Well, several months well now,
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maybe maybe a month two months ago now, they they headed listing. The
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warrant actually started trading. My brokerage firm did not immediately pick it up,
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meaning I could not buy it. That warrant was down at eight cents,
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traded hundreds of thousands of warrants that first day or two days before I could
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get my brokerage firm to get this warrant listed so I could buy it.
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The damn warrants up to fourteen cents. Today, the warrants sitting around twenty
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five cents. This is all, let's say, happened within four to six
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weeks max. So again, it's a great warrant story. If if anybody
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listening had that opportunity to buy that, if their Canadian brokers firm, you
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know, allowed them to buy that on day one, well they're in at
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eight eight and a half cents, sitting at twenty five cents at the moment.
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They've just made a couple one hundred percent in six weeks. So that's
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the power of some of the warrant potential. The shares have gone up a
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little bit, but not substantially. Now that warrant will probably continue to go
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up as the company performs, as you know, as metal prices start picking
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up and all the resources lectors start to perform. But that's just one story
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of the power of the warrants. And sometimes if you get my im coming
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right out of the shoot on that first day or two that they're listed,
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pick them up on the cheap. There's never a guarantee, but this has
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worked numerous times. Another interesting story. I may have mentioned this to you
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before and to our listeners. Uh, you know, we all keep hearing
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about uranium. You know, one day Uranium's got to come back, YadA
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YadA. I frequently and the same way right now over here on the side,
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I'm always watching Men in Bloomberg coming out of Toronto every day, and
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so about two weeks ago I missed the programming, but I heard the summary.
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After that, our friend Rick rolls on, and Rick had a few
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of his top picks, okay, and I'm happy to hear one of his
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top pics is one of my top pics, and that is mega uranium.
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Okay. We all remember mega uranium back in the early yea, damn there
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twenty years ago now where Mega went from nothing up to rang the bell at
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eight dollars. Well, right now Mega Mega on the Toronto Exchange, it's
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still around twenty four cents. And that's probably on average just about where I'm
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in, and I've been in for longer than I want to say, but
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probably two years anyway, maybe three. But there's a little doubt in my
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mind that that Mega is gonna, you know, be a home run as
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the uranium sector does take off. And interestingly, they're not an exploration company
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anymore. They're they're basically an equity holder. They They've got like twenty million
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shares of next Gen on the Toronto Exchange twenty million, and then the stocks
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trading at over six dollars, so they got over one hundred and twenty million
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dollars of market cap in that position, and they own other share positions in
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two or three other Australian mining companies, so it's it's an interesting play.
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It takes very little cash for them to do this because they're basically just an
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equity holder, so we don't need nassis amount of cash. They're not poking
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holes in the ground. It's all these little exploration companies that when they continue
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drilling, you know, it's it's all about raising money and drilling, poking
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holes, raising money and poking holes. Well, I mean, how long
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can you go on with this story? You know? The worst thing that
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always happens to any of us in this story, and that's a scenario,
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is that then the company eventually has to do a rollback. And I hate
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rollbacks, you know, one one for five per split, one for ten,
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one twenty uh and they all say we're building shareholder value. Well,
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once you do a rollbacking forget shareholder value, You've you've kind of been screwed.
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And that's just that's just reality at the end of the day. As
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an investor myself, so anyhow, but but that's just you know, one
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company I like, if I can't, I'm gonna I'm gonna give you two
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more examples sure that that that are are are so cheap that I can't believe
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that that that's cheap. The first one is or X Minerals r e X
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trades on the Venture Exchange. Been around for a long time. They've got
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a current presentation they just put on their website, and and and some of
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the biggest shareholders are uh, you know, a sprout US Global you know
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friends, Frank comes out of San Antonio. I think, if I remember
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the story, they together own over fifty percent of this little company. This
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little company basically same thing is more like a pro prospect generator. They've got
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a couple of projects down here in Mexico and partnered with the Pan American Silver
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and with Fresnel, the largest mining company in Mexico. And the deal is
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right now. You can buy this all day on the Canadian exchange for point
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zero two five and in the US market for less than two cents. I've
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picked up a little bit more the other day at like point zero one six.
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I wouldn't believe that, you know, almost in the US market.
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And uh, and the deal is, I just it's just sitting there.
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Once once these markets do turn, it will be an interesting situation. Uh.
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You know. And when you say ten bagger, well does that mean
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you're going to go from two cents to twenty cents? I got you know,
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we're going to a dollar now this this uh you know, uh,
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let let the good times roll, you know, so I think, uh,
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and assuming the company still you know, has some good news coming out.
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But I was I was impressed the other day when I looked at the
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website and I see that they've got a current presentation. Everything's up speed,
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telling us about what's happening. And uh, and the stocks can be had
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for two cents. Now, if that's too much for our listeners to pay,
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I've got another example. And and that little company I've loved, I've
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loved this name, okay, and they've got a couple of projects there in
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Mexico. It's called Silver Spruce Resources. How could you not love that name?
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I mean, when, not if, but when silver takes all this
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is a great name. I think they've got two projects here in Mexico that
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they've just announced they're going to start drilling in and and another project project up
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in Canada right now. Opinion and a half, opinion and a half.
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And in the US market, I think you pick it up a ruptly point
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zero one two five, so opinion a quarter. It's just outrageous. So
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I say all this with full disclaimer. You know, everybody do their own
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do due diligence. I'm throwing out a couple of names now I've got I've
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got really nice positions and all of these that I'm mentioning here, and but
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I just, uh, if not that I'm wishing and hoping, because I
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know that these will perform. There's no doubt in my mind. Now I
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will say, if I own ten or if I own twenty thirty, forty
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fifty, which probably in total more like forty or fifty different positions, yes
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one or two may blow up in my face and maybe something happens that no
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longer has that potential that I believe that it had a day one. But
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yet I'm still confident that, yeah, we got a lot of a lot
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of good upside in front of us. All of us are just asking the
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question, what's going to be the catalyst, you know, to take the
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downside pressure off of gold that's over in all these shares. Everybody I know
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is sitting and waiting for the Fed to to start lowering interest rates, and
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everybody thinks that's going to be the catalyst. And now it seems like the
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everybody's thinking that it may have another increase or two in them, and maybe
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we're putting off the rise and gold, and I think that's what's causing this
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last this last move to the downside, you know, I don't. I
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don't know that any of us. I know, I'm not smarting to figure
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this stuff out to know exactly what's going to happen. So we've got to
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decide. We've got to where do we think we're going to be, you
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know, six months, two years down the road. And I'm comfortable we're
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going to be in a really warm and fuzzy space for the for the mining
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investors. And it's a question when do you enter this game. And some
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of these positions are selling so low at the moment, buy some, put
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them away for a little bit, and I think you're going to be greatly
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reward you know, just maybe months, maybe a year down the road.
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We do want when we get a rally, I think we'd all agree we
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don't want a rally just going to last three months or six months. We
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want something that's going to take goals substantially higher. We need probably a good
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two years, three year movement. You know, you have everything time to
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you know, the inertia to pick up, and all the mining's stocks is
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as low down the totem pole as they would be. Give them time to
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get excited and start hitting up. Obviously, the producers will be the first
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ones that will go up. And so I've got a basket of those as
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well in my portfolio. So yeah, So some of my subscribers if they
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if they said they kind of like what you're talking about. Uh, you
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can see my whole portfolio as a as a goal subscriber, as a lifetime
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subscriber, and and that's what Carry has been for for a long time as
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a goal subscriber. So We've got so everybody can see what I'm doing.
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If I buy something or sell something, I send everybody an email let them
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know what is taking place. And but net net, I'm I don't know.
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I've heard some some people say this about Rick Rick rule, this is
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like a perma bull, you know, and it's like, maybe I've kind
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of got that same hat on as kind of a permabul and we go through
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these long, long depressing cycles to the downside and size sideways. So but
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I think there's always the timing when do you enter the game, when do
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you come in? And I have to believe that right now where we're and
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I believe this for several months. But yet this has to be a great
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time to still be entering this game on the cheap and there's a little bit
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of patience, and I think you'll be greatly rewarded. All right, on
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that note, I suggest y'all go over to common Stock Warrants dot com and
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you can take a look at Dudley's personal portfolio where he's most weighted least weighted,
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and you can get a good insight on the you know, because look,
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you get leverage from these warrants when the market goes up. That you
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will you just can only dream of. And they're marketable, they're they're liquid,
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they get more liquid as the market goes up. We've got a link
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in the show notes to this interview on Financial Survival Network dot com and by
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all means, click it and visit to Dudley's site. If you got a
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question for Dudley or myself, shoot me an email k l Atcarrylots dot com
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and we'll answer your question. We'll get you an answer quick. Dudley always
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appreciate you coming on and we will talk to you again soon. Enjoda,
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thanks Verry, thanks for listening to carry Lets's Financial Survival Network your solution to
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today's trying times. For the latest, go to Financial Survival Network dot com.
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