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TFSA Low Priced Stock Picks for 2019

I have been involved in the stock market for over 40 years, as a broker, in research, involved in institutional, a director of several public companies, and helping to start and fund publicly-listed companies. The TFSA is a great vehicle for buying low-priced stocks and sheltering capital gains. Since I have the time, I am reviving the TFSA Letter, which was in hiatus for several years while I did other related things. The objective is to have fun and make a lot of money.

 

I am going to be looking for and listing low-priced stocks I should be buying for my TFSA. They will be mostly resource juniors, with a few other sector companies thrown in. But all of them for the sole reason they should have the potential to generate substantial capital gains this year. My criteria is low price, good share structure, people running them have some market smarts and mining knowledge and potential for being 4+baggers.

**** NOTE: I own and will buy and sell these stocks… there is no point in discussing any of them unless I like them well enough to buy myself. Not recommending that you buy or sell yourself, just listing what I think will do well in 2019.

**** AND, I will not be announcing when I sell any of these. I list them because I am trading them.. if I am right and they go up, I will sell. Then I will probably stop updating those I do sell unless the story still intrigues me and I buy back in on a pull back.

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#10 Weekly Update to March 17, 2019

****Keep in mind if a pick goes up and you do not sell, don’t blame me if it comes back down later

 

Stock (Price When Picked)Current Stock Price Update

PowerOre – PORE ($.06) – $.10 – ongoing compilation of historical drill results and 3D modelling of the Springer and Perry mine geology is highlighting a large number of wide (defined as 20 metres or longer) disseminated mineralized drill intersections on the Springer mine.

NEWS

COMPANY DECK

 

Wallbridge – WM ($.16) – $.295 – All 5 holes from first drill program at Beschefer intersected significant gold mineralization in the B-14 shear zone, proving excellent geological continuity of this gold-bearing structure

NEWS

COMPANY DECK

 

Japan Gold – JG ($.205) – $.32 –Company has permitting for 11,400 meters of drilling, already have 3 drills in Japan with more to come, drilling is scheduled to begin in May.

NEWS

COMPANY DECK

 

Dolly Varden – DV ($.415) – $.425 – the stock is marking time as the Company prepares for the 2019 program.

COMMENTARY

COMPANY DECK

 

Spruce Ridge – SHL ($.04) – $.07 –waiting to hear plans for exploration on both the Great Burnt, Nfld. and Crawford Twp., ON properties in 2019

NEWS

COMPANY DECK

 

Rockcliff – RCLF ($.105) – HALTED – the major transaction acquiring substantial assets and a large financing of up to $30 million awaiting regulatory approval

COMPANY DECK

 

Sweet Natural – NTRL ($.08) – $.06 – still waiting for an update on the company’s plans for infusing their natural sweeteners with functional cannabinoids

 

Rise Gold – RISE ($.08) – $.09 – awaiting update on 2019 plans for the Idaho-Maryland high-grade gold property

COMPANY DECK

 

PJX Resources – PJX ($.30) – $.23 – Company currently drilling the deep Elephant hunging hole

NEWS

COMPANY DECK

 

Highway 50 – HWY ($.19) – $.155 – still waiting on PJX deep hole drilling results to determine what further actions it will undertake on its Monroe property

COMPANY DECK

 

Max Resource – MXR ($.15) – $.30 – Now awaiting new sample results as Company is refining its sample processing methods to gain maximum gold recovery.

COMPANY DECK

 

Superior Gold – SGI ($.695) – $.61 – Company announced its fourth quarter and full-year 2018 financial and operating results

NEWS

COMPANY DECK

 

Central Timmins – CTEC ($.08) – $.065 – waiting to hear when Company will start work on the 6 to 9 drill holes planned on three separate, highly prospective Timmins properties.

COMPANY DECK

 

RJK Explorations – RJX.A ($.045) – $.095 – new director and waiting to hear about progress on the Bishop Nipissing Diamond property

NEWS

COMPANY DECK

 

**Keep in mind, if you want any daily comments, you have to follow on Twitter – @LetterTfsa

 

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