A while back I took to this forum, among others, to try and understand the techniques to valuing a natural resource company. I have a lot of suggestions for resources if anyone wants some insight into the learning process.
I’ve learned a lot in that time, and as of a week ago, I produced my first valuation of a company. If anyone wants to take a look at the end product, you can find it over at SeekingAlpha (http://seekingalpha.com/article/4054512-bear-creek-mining-value-investing-analysis), or in the document attached to this post – for whatever reason, liberty.me was troublesome in uploading images, so I couldn’t repost the text here.
Would love to hear some criticism or feedback from anyone to improve for next time.
I think for my next valuation, I’ll pick a mid-tier or senior producer so I can apply both junior mining valuation concepts learned here with the accounting/financial statement valuation concepts I’ve learned at school.