Welcome 

We are a completely independent and objective provider of investment research and valuation on exploration and junior mining companies.  

See some of our past investment picks: "NINE EXTRAORDINARY STOCKS".

We provide investment opinions to individuals and financial institutions.

On October of 1998, the last time we published The Boston Mining Investor, we featured the above "NINE EXTRAORDINARY STOCKS". One of the nine, Goldcorp (NYSE) rose to one of the best performing mining stock on the NYSE and perhaps, on any continent. Each dollar invested in our "NINE EXTRAORDINARY STOCKS" became $2.3 from October 1998 to December 2002! 

I am Raymond M. Mullaney of Maryland, USA (formerly of Boston, MA) the publisher of this site. I am also the president of Conservative Financial Counselors, LLC, a Maryland registered investment advisory firm. I began investing/speculating on the junior mining sector in the late 1970's. Over this period I have had the privilege of working with and learning from some of the best explorationists and mining promoters in the world.

 Please click here to read additional information on my publications and writings.

"There is nothing so corrosive to good judgment as watching your neighbor become rich."   

-- Charles Kindleberger

   Before you invest in a company, demand to see a complete written record of all of the past investment recommendations of the person making their presentation. Then just listen. Brokers/promoters will then perform magic! You must realize it is their talk that makes them their fortunes, not their properties.

   Many gold & exploration stocks have soared. Many more will soar and crash just like the technology sector did in the late 1990's. Millions of dollars were "banked" speculating in dotcoms. Millions of dollars may be "banked" speculating in the exploration sector as well. Investors will lose because they trust brokers, promoters and newsletter writers who are in bed with the companies they "report" on. Investors must be dispassionate. No broker, analysts, or promoter will tell you before they sell their position - how will you know when to sell? Wise investors will retain totally independent professionals who have NO stake whatsoever in the companies they provide research on. Wise investors will hire hard-nosed distrusting cynics with decades of outstanding professional experience. Instead, many will trust their "friends". The wisest investors call us.

   Rising stock prices make men feel very smart. But even geniuses will get slaughtered by the more shrewd and experienced brokers, newsletter writers and promoters on Bay and Howe Streets.     

   Mining insiders must pump up investor expectations for exploration stocks to obtain financing. You will see the same feverous frenzy that Wall Street created for dotcoms. Of the thousands of properties that juniors will promote, maybe 1 in a 1,000,000 will become a mine. No one can be sure a specific property will see production. Exploration stocks are to be bought and sold, not loved.      

     Remember, before you invest in a company demand to see a complete written record of all of the past investment recommendations of the person making their presentation. Most brokers/promoters will then perform their magic; you must realize it is their talk that makes them their fortunes, not their properties. Strictly for fees, we provide professional investment valuation services on exploration & mining companies.

     Every insider must be your friend and they must get you into their deal just to survive. You must be very selective if you are to invest successfully in this minefield. If you don't have an independent source of advice, you'll be just another "mark" for the zeal and confidence of insiders and their representatives. I love exploration investing but I have found pessimism, not optimism, to be the most useful approach. No one who induces you to become a shareholder or remain a shareholder in a company can be trusted to provide you with independent advice. You will only get advice that serves their interest. We expose their exaggerations, misrepresentations and hidden agendas.    

     We possess the perfect mix of qualifications to assist you, consider: I featured “Nine Extraordinary Stocks” on the last issue of the Boston Mining Investor, October 1998. Had investors put $1,000 into each of these featured stocks their $9,000 would have grown to over $21,000 today. After you have carefully read each report, then examine the results of each company, you are certain to be confident that we provide truly professional minerals exploration investment counsel.