Gold mining is arguably one of the most misunderstood industries in the field of investing. Many investors lack a basic understanding of how gold is produced and have unrealistic expectations about how long it actually takes. They are confused when mining companies encounter hurdles that must be overcome. Some seem to think that starting a mine is like turning on a switch. As a result, the prices of gold mining stocks are subject to wide volatility. In this book, you will learn what it takes to produce an ounce of gold from beginning to end. You will read about all four stages of gold production, from exploration and mining to processing and refining. The topics covered include the different types of gold deposits and how they are found, as well as drilling techniques and how deposits are classified. Other topics include mining methods, such as bulk extraction and sublevel stoping, and an overview of special techniques used to process refractory ore - the most difficult type of ore to process. Finally, you will learn about dore bars, gold purity requirements, and the exchanges that specialize in buying and selling gold."
Mariusz Skonieczny Books




This book provides a foundational understanding of stock market investing, covering key topics like the distinction between stocks and businesses, criteria for good investments, timing for buying and selling, and stock valuation. It includes case studies and discusses the advantages and disadvantages of real estate compared to stock investing.
How to Value a Stock: A Guide to Valuing Publicly Traded Companies
- 104 pages
- 4 hours of reading
Understanding stock valuation is crucial for value investors aiming to purchase shares in strong companies at attractive prices. This book equips readers with various metrics and methods, such as earnings multiples, P/E ratios, and discounted cash flow analysis, to assess a stock's true worth. It emphasizes that there is no one-size-fits-all approach; instead, investors can select the method that best suits a company's circumstances. By mastering these techniques, readers will enhance their investment decision-making and gain insights into analysts' evaluations.
Due Diligence
- 102 pages
- 4 hours of reading
Due Diligence: How to Research a Stock is a straightforward guide to the process of effectively researching potential stock market opportunities. The method featured in this book is the one developed and used by the author over many years of studying companies. He describes three stages--quick due diligence, medium due diligence, and full due diligence--and explains the requirements and estimated amount of time for each one. The book covers what questions to ask at each stage of the process, how to use various resources, such as SEC Filings, and which websites are the most helpful and why. The author also explains how to find and interview the subject company's customers, suppliers, and managers. Due Diligence: How to Research a Stock provides readers with the knowledge and background needed to investigate any business entity in order to improve one's chances of success in stock market investing.