• Increase font size
  • Default font size
  • Decrease font size

The reports and comments on this site are currently written by Keith Goode.

ERA’s reports mainly cover precious and base metals companies where anyone can see what the price of the product is, with the majority being gold companies, followed by nickel companies.

The reports are paid for by the company concerned and email distributed free. However, we only do them if we like the management (70%), project (20%) and country (10%) for which you need about 90% in each category.

Sites are visited in order to write a report, and typically a week is spent with a company and then it is written up in the following 2 to 3 weeks, with excel modeling where required slowing the report's timing. Report sizes are typically 6 to 12 pages.

Aug 2015 - Done it Again?

Have the ex-Avoca Team Done it Again ?

Many people can recall the Avoca gold company that started as a $7m minnow and evolved under Rohan Williams' leadership into the extremely successful Alacer with at one stage a market cap exceeding $2.6bn. ERA's last report on Alacer was in July 2011 (available on www.eagleres.com.au) at a share price of A$8.75 (or US$9.45) being over 30 times higher or in market cap times, over 80 times higher than ERA's first report on Avoca in April 2005 (also available on the website) at a share price of 26c and market cap of $33m.

Jun 2015 - Bottomed Yet?

Have Resources Bottomed Yet?

Following the positive RIU/Vertical Events explorer's conference in Freo in late February 2015, and Stewart McDonald proclaiming that "the commodity bear market is over, the commodity boom has restarted again". The resource market slipped along with the weakening iron ore price into an even deeper funk, with many explorers focusing on devising methods to slow their dwindling cash reserves.

Mar 2015 - Rags to Riches

Rags to Riches

Stewart McDonald opened his RIU/Vertical Events packed Explorers' Conference in Fremantle in late February 2015 to an audience of ~750 delegates, optimistically proclaiming that the commodity bear market is over, the commodity boom has restarted again.

Dec 2014 - Waiting Leisurely

"Wait leisurely for an exhausted enemy"

I first heard this "article of war" in a clca presentation by Leonie Mckeon on doing business in China, at the Symposium Conference in Broken Hill in May 2012, (contained in an earlier issue of Paydirt) and did not really appreciate its significance until now.

Kitco Spot Gold Price

   Click Chart for Spot Gold Price[Most Recent Quotes from www.kitco.com]

Stock Quote

  (Add .ax for ASX)