Value a junior miner in two minutes. Every figure cited. Every assumption yours.

Type a ticker. The company's filings become a worksheet you can challenge, every figure traced to its page. Your assumptions sit on top, and your thesis is checked when the company files again.

Try:

No signup or credit card for your first worksheet. Create a free account for your second worksheet each month.

Built for junior gold, silver, and copper investors. You control the assumptions. First company needs no account.

Aerial view showing the grand scale and geological strata of an open-pit mine
Ticker
NLG.V
TSX-V
NPV (10%)C$398.4MC$1.053.05
Source-backed inputAISC $1,410/ozMD&A Q2 · p.12
The problem

The difficult part isn't building a valuation once. It's knowing what changed — and why it matters.

Your thesis is spread across filings, prices, spreadsheets, and notes. MineInvestorHub connects each new fact to the assumptions and valuation it changes, with every figure linked to its source. The conclusion stays yours.

New information · reported
Q2 production below guidance12.1 koz guide → 10.4 kozdisclosed · MD&A Q2 · p.4
Revised cost outlook$1,184/oz → $1,410/oz AISCdisclosed · MD&A Q2 · p.12
Equity financing completedC$18M · 15M units @ C$1.20disclosed · NR Aug 28
Gold price moved$2,400 → $2,550 /ozmarket · Sep 5
Affected assumptions
Production scheduleY1 43–47 koz; Y2–Y5 held at filing planderived · guidance midpoint
Operating marginAISC $1,560 over the $1,410 reported — you added a $150 bufferyour assumption · Sep 5
Shares outstanding195M → 210M fully dilutedderived · NR Aug 28 + FS note 9
Commodity-price deckBear $2,100 · Base $2,300 · Bull $2,700your assumption · below spot
Investment consequence · computed
Base value / shareC$2.45C$2.04
NPV₁₀C$465.8MC$398.4M
Margin of safety42%30%
Bear case vs price−1%−26%
Your conditionneeds review

AISC stays below $1,300/oz while production scales

Moved outside your range. $1,410/oz reported · MD&A Q2 · p.12. You decide what to retain, revise or retire.

Your conclusion · Sep 5
AddHoldTrimExit

Hold. Thesis weakened on cost, not on resource. Revisit after Q3 AISC; trim if > $1,500.

Reported factInvestor assumptionMIH-calculated outputReview requiredSource link
How it works

One loop, repeated every time the company files.

Not a funnel that ends at a report. Every stage feeds the next, and a new filing sends you back around.

01

Investigate

Decide whether a company deserves deeper research. Stage, principal asset, resource basis, cash, burn and capital structure — each with its source and date.

You ask
Is there enough here to investigate?
MIH returns
Reject it, watch it, or begin deeper research — with the essential facts on one page.
02

Value

Turn the technical and financial disclosure into your own economic view. Replace management's assumptions with yours; run bear, base and bull.

You ask
What is this worth under assumptions I actually believe?
MIH returns
A sourced valuation range with visible drivers, risks and thesis-break conditions.
03

Update

A filing, operating result, financing or price move lands. See which assumptions it touches and whether the change is material.

You ask
Does this news actually change my thesis?
MIH returns
New information connected to its investment consequence — and to the assumptions still yours to judge.
04

Compare

Evaluate holdings and watchlist candidates on the same gold deck, discount rate and date.

You ask
Is this still the best use of my capital?
MIH returns
Research, buy, add, hold, trim, exit or keep watching — with a documented reason.

Start where you are.

Already analyze mining companiesTake me to the evidence and worksheet.

Open the filings as a cited worksheet. Change an assumption and see the case recompute.

Change the reality. See what happens to the thesis.

Market assumptions and company-specific operating assumptions sit side by side. Replace any reported figure with your own; the range recalculates and the reason stays attached.

Model · Northline Gold · NLG.V · filing basis Sep 2, 2026Scenario: your case · 5 overrides
Production schedule · 5-year mine lifeexample values · editable in your worksheet
YearProduction (oz)AISC ($/oz)
Y145,000 40,500$1,410 $1,560
Y252,900 47,610$1,340 $1,490
Y356,900 51,210$1,345 $1,495
Y456,900 51,210$1,350 $1,500
Y553,900 48,510$1,360 $1,510
Key assumptionsreported · yours
Realized gold pricemarket · spot $2,550 · Sep 5$2,550 /oz$2,300 /oz
Discount rate (WACC)house default · surfaced assumption8.0%10.0%
Sustaining capex / yrderived · MD&A Q2 · p.14C$10.3MC$14.0M
Royalty ratedisclosed · tech report · p.2882.0%2.0%
Corporate taxdisclosed · FS FY2025 · p.2233.0%33.0%
FX (USD → CAD)market · Sep 51.3601.360

Question you asked:If production falls 10%, gold falls to $2,100/oz and AISC rises $150/oz, what happens? → base value/share C$2.04 · bear case falls below the share price

Sensitivity · NPV, computedgold price × discount rate
Au / DR8%10%12%
$1,900$202.7M$186.3M$171.8M
$2,100$318.1M$292.4M$269.6M
$2,300$433.5M$398.4M$367.3M
$2,500$548.9M$504.5M$465.1M
$2,700$664.3M$610.5M$562.9M

Fifteen cells the engine computed, not a curve drawn between two of them. Your case sits at $2,300 /oz and 10% — C$398.4M.

Value / share vs C$1.42
bear C$1.05 −26%base C$2.04 +44%bull C$3.05 +115%

Ranges, not a target. The lattice above sweeps price and discount rate only; the bull case is its $2,700 row, while the bear case moves production 10% below the filing plan, moves price to $2,100 and adds $150/oz of cost — which is why it lands below the grid's own $2,100 row rather than on it.

Read from the filings · not editable
Recoverydisclosed · tech report · p.21489.4%read from the technical report; not a model input
Phase 2 first productiondisclosed · tech report · p.19Q3 2027milestone resolved by the mine-plan merge
Phase 2 capexdisclosed · tech report · p.301C$142Mdevelopment capex; the editable cell is sustaining capex
Shares fully dilutedderived · NR Aug 28 + FS n.9210Mderived from the share register

One current view across everything you follow.

Holdings ask “is this still investable?” Watchlist asks “has this become investable?” Statuses are research states you set — never buy or sell signals.

CompanyStagePriceModeled rangeMoSNew material information · last reviewedThesis statusNext catalyst
HoldingsIs this still investable?
Northline GoldNLG.V · Gold · Producer
Producer
PriceC$1.42
Modeled rangeC$1.05 – 3.05
MoS30%
New material informationQ2 production 10.4 koz vs 12.1 guide · AISC $1,410 · C$18M bought dealreviewed 2 days ago · 3 new filings
Review required
Next catalystQ3 results · Nov 12
Cerro Plata SilverCPS.V · Silver · Developer
Developer
PriceC$0.68
Modeled rangeC$0.90 – 1.60
MoS24%
New material informationNo material filings since Aug 21reviewed 9 days ago
Thesis intact
Next catalystFeasibility study · Q4 2026
Kettle River CopperKRC.TO · Copper · Developer
Developer
PriceC$3.10
Modeled rangeC$2.40 – 3.60
MoS−12%
New material informationInitial capex revised C$610M → C$720M (+18%) · NR Aug 14reviewed 31 days ago · 1 new filing
Assumption breached
Next catalystFinancing decision · Q4 2026
Borealis MiningBOR.V · Gold · Producer
Producer
PriceC$0.94
Modeled rangeC$1.15 – 1.70
MoS18%
New material informationQ2 in line · net cash C$22M · gold deck effect +6%reviewed 6 days ago
Candidate to add
Next catalystReserve update · Jan 2027
WatchlistHas this become investable?
Altiplano CopperALT.V · Copper · Developer
Developer
PriceC$1.22
Modeled rangeC$1.60 – 2.30
MoS24%
New material informationPEA filed Aug 29 · recovery 89.4% · after-tax NPV₈ US$410Mreviewed 14 days ago · 1 new filing
Candidate to add
Next catalystPermit decision · Q1 2027
Sable Creek GoldSBK.V · Gold · Explorer
Explorer
PriceC$0.36
Modeled rangeno model yet
MoS
New material informationMaiden resource 1.2 Moz @ 1.4 g/t · NR Sep 1never reviewed
Research required
Next catalystDrill results · ongoing
Tuya SilverTUY.V · Silver · Explorer
Explorer
PriceC$0.51
Modeled rangeC$0.40 – 0.95
MoS
New material informationC$6M private placement at C$0.45 · NR Aug 20reviewed 40 days ago
Watching
Next catalystPEA · H1 2027
Basis: gold $2,300 · silver $29 · copper $4.40 · WACC 10% · prices as of Sep 5, 2026Statuses set by you · reviewed Sep 5 · example figures

Click any figure. See the paragraph it came from.

Every number on a worksheet is either quoted from a filing, with its page, or labelled as an assumption you can change. Pick a figure.

Worksheet · model inputssource
Click a figure to open its source.
MD&A Q2 2026page 12

Total cash costs were $1,096 per ounce sold for the quarter, compared with $1,012 in the comparative period. All-in sustaining costs were $1,410 per ounce sold, reflecting higher sustaining capital at the mill and the timing of the tailings lift. Management expects sustaining capital to normalize in the fourth quarter.

MD&A · filed 2026-08-12SEDAR+
The model wrote down
aisc · 1410 · USD / oz · no arithmetic
The engine then computed
margin = 2,300 − 1,410 = $890 / oz
SEDAR+liveSEC EDGARliveLME · spot · FXliveLSE / AIMin the pipelineASXin the pipeline

Your judgment stays in the model.

MineInvestorHub does the extraction and recalculation. You decide what the evidence means.

Source-backed

Important inputs link to the underlying filing, page and quote.

MD&A Q2 2026 · p.12
Transparent

Calculations and assumptions are visible. Nothing is computed you can't inspect.

(NPV − net obligations) ÷ shares FD
Editable

Replace reported or default assumptions with your own, at any cell.

10.0% over 8.0%
Traceable

Changes and overrides retain their reasoning and date.

Jun 14 · "single-asset producer, add 200 bp"

The research discipline of an analyst team, built for the individual mining investor.

A chat can answer a mining question. An investment case has to stay right for months. MineInvestorHub keeps the filings, assumptions, calculations and changes together, so you can maintain your view across every company you follow.

The jobOn your own, with a chatIn the worksheet
The filings

Find, download and re-upload every report.

Pulled from SEDAR+ and EDGAR, with a page for every figure.

Prices and FX

Copied into a prompt, with no lasting record of the date.

One dated price and FX set across every worksheet.

The update loop

You have to remember to re-check, then redo the whole answer by hand.

A new filing lands against your saved assumptions and shows which one moved.

Across your names

Each company becomes a separate, incomparable conversation.

The same method and assumptions across your portfolio.

The full worksheet is free, twice a month.

Paid plans add more companies, monitoring and portfolio-wide tools.

billed annually — save up to 20%
Free$0forever
Plus$49/moBilled annually at $588Save 20%
Pro$89/moBilled annually at $1,068Save 15%
New companies researched per month
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Guided course and stage-appropriate worksheets
Watchlist, filing alerts and case updates
Portfolio tracker with automatic worksheet refresh
Compare all features
Staleness flags on every worksheet
New evidence related to your case and conditions
Unlimited views, re-runs and cases on researched names
Credit top-ups beyond the monthly quota
Daily gap to model value across the portfolio
Portfolio-wide sensitivity
Bulk extractions and priority support

Free tier: two worksheets per calendar month. No credit card or email for the first; a free account for the second. Plus and Pro prices are per month; annual plans are billed annually ($588 and $1,068), monthly billing is $61 and $105. Paid plans open when checkout ships.

Investing in precious metals since 2009, across two full junior bear markets. MineInvestorHub puts filing-level depth in the first scan, so the deeper work goes only where it is earned.

R.K. PetersFounder, MineInvestorHub

Found a bug or have a question? rene@mineinvestorhub.com

Questions worth asking.

Can I use this if I am new to resource investing?

Yes. The guided path explains mining terms, why an input matters, how reported facts differ from targets and assumptions, and which questions apply to the company's stage. You get the same source-cited evidence and calculations as an experienced investor, not a simplified score or a stock pick.

Does the AI write my thesis?

No. The model reads across the filings, connects the evidence and explains what changed. The case you build on top, the conditions you set and your conclusion stay yours.

What happens when I enter an explorer?

You get an explorer worksheet: geological and mineral-inventory evidence, project enablers, treasury, runway, and the financing and dilution cases you define. No mine DCF is manufactured when the disclosures cannot support one.

Why is there no cheaper plan?

Every worksheet is built by reading the company's filings page by page, pulled from SEDAR+ and EDGAR, with a model whose cost scales with the pages it reads, plus the price and FX feeds that keep it current. A cheaper plan would have to read less: skip the technical report, or extract only the summary tables. That is exactly where the figure on page 38 gets missed. The price buys the whole document set, read every time, and the market data behind every recompute. Free covers two companies a month at the same depth, so you can judge the depth before you pay for the breadth.

What can I do for free?

Your first worksheet needs no account or credit card. A free account covers a second worksheet in the same calendar month. The worksheet itself is not stripped down.

Research it once. Keep the thesis alive.

Start with a company you already follow and see how its filings, assumptions, and valuation connect.

Try:

No signup or credit card for your first worksheet. Create a free account for your second worksheet each month.

No signup or credit card for your first company. Create a free account for your second each month.