Mexican Silver Junior Mining Stocks: Buy, Sell or Hold? – Pro Investor David Erfle

Pro Investor David Erfle reveals how he is playing the Mexican silver miners. In light of Vizsla Silver’s mine workers who were kidnapped and killed by the cartel recently, are Mexican silver miners a buy, sell or hold? David shares what he sold and what he is holding. He also provides commentary on the precious metals prices and junior mining sector.

David Erfle is a self-taught mining sector investor. He stumbled upon the mining space in 2003 as he was looking to invest into a growing sector of the market. After researching the gains made from the 2001 bottom in the tiny gold and silver complex, he became fascinated with this niche market. So much so that in 2005 he decided to sell his home and invest the entire proceeds from the sale into junior mining companies. When his account had tripled by September, 2007, he decided to quit his job as the Telecommunications Equipment Buyer at UCLA and make investing in this sector his full-time job. David founded the Junior Miner Junky subscription-based newsletter in April, 2017 and writes a weekly column for precious metals news service Kitco.com, whose website attracts nearly a million visits every day.

00:00 Intro

00:29 Gold and Silver Macro Drivers

02:49 Miner Valuations and Bull Market Mindset

05:03 Rotating into Riskier Juniors

07:29 Mexico Cartel Risk Visa Silver

11:32 Jurisdiction Lessons and Other Mexico Plays

16:43 PDAC Plans and Deal Hunting

18:38 JMJ update