HRA Journal

The Gold Standard for Resource Stock Analysis Since 1995

Our basic subscription level, the monthly HRA Journal, continues in the famous tradition of all Hard Rock Analyst publications.
 

About the Journal

The Journal is where David and Eric really dig deep to give you a complete picture of companies they have hand picked for the HRA list. Company reviews are several pages long, including extensive information on management, corporate and share structure and details on findings and work to come on the main projects.

The Journal covers a mix of more advanced companies that are adding value by increasing the size of their deposits and moving them to production, companies in production and explorers.

Development and production level companies tend to be less volatile but still have significant leverage to commodity price moves and asset growth. 

We don't ignore exploration plays either. Every year the Journal introduces readers to select companies that are seeking new deposits. This is where the hands on experience of HRA's editors can really pay off. David draws on his encyclopedic knowledge of geology and mineral deposits to find the best looking prospects. Eric checks out the management, finances, share structure and trading history.

Both brothers have to like a company's prospects for it to make the cut. This unique double pronged approach is part of what makes HRA's screening process so valuable.

We don't just pick companies then forget them. Every issue of the Journal contains several pages of updates about HRA list companies. And when a stock has has reached or exceeded full value or there are good reasons to sell it that's what the update will say.

In addition to all this, each issue contains insightful commentary on the geopolitical and economic forces affecting the markets and regular updates on the state of the market for resources in general and specific commodities in particular.
 

Like Buying Blue Chip Shares at a Huge Discount

Many of the companies HRA follows have had enormous exploration success. Acquiring superior exploration companies early is one of the best ways to end up owning world class resource producers at a steep discount. To give you but one example, HRA began following Virginia Gold at $0.65. Once Virginia made its Eleonore discovery, HRA sent out numerous alerts on the company detailing how quickly the gold find was growing and that its was sure to be a prime take over candidate. That proved correct when Virginia's find was bought out by Goldcorp (G-T, GG-N) at a ratio of 0.4 Goldcorp shares for each Virginia shares. Readers who bought Virginia based on HRA's early coverage of the discovery were effectively getting 0.4 Goldcorp shares at a price of about $1.50. This was like buying Goldcorp for about $3.50 a share when it was actually trading for $30!