Kaiser Watch is an extension of Kaiser Research Online, an information platform covering all Canadian and Australian listed resource companies. In addition to detailed profiles for each company KRO has a powerful search engine that allows one to combine company and project level criteria into complex searches with a rich results display. It is intended for sophisticated investors who know what they are looking for and understand that the platform is an efficiency tool that allows the investor to focus deeper research on high probability companies. It is not AI driven but the combination of highly structured data and text based news releases makes this a possible future functionality.
Full access to KRO for the 2025 calendar year is available at USD $450 until March 31, 2025 via the KRO Individual Membership. All individual members will be grandfathered to renew at that rate for 2026. After March 31, 2025 only the KRO Pro Membership will be available at $200 per month auto-renewal or $2,000 non-refundable for 12 months. Individual and Pro members are invited to participate in the KaiserResearchPro Slack forum with access conditional on adhering to rules of conduct. The Slack forum operates as a type of think tank where members raise questions or answer questions, and post links to interesting online articles into the appropriate topic channel of which there are more than 35. John Kaiser also uses the Slack Forum to post notifications of new online content such as KRO Trackers, upcoming events, and on the fly comments about breaking company news. It is similar to online forums such as CEO.ca and Hot Copper but without the nastiness that comes with anonymity.
Although KRO's primary function is as an information platform with a powerful search engine aimed at sophisticated investors and corporations doing peer research, John Kaiser also uses it to engage in "stock-picking" which takes the form of two annual collections called the Favorites Collection and the Bottom-Fish Collection. Stocks get added or ejected throughout the year, and the Favorites Collection gets reset at the start of each year. The 2025 Favorites Collection, which is the primary focus of Kaiser Watch, started the year with 20 companies and expanded to 22 during January 2025 with the graduation of 2 companies from the 2025 Bottom-Fish Collection. It is not a set of "best picks", but rather a set of companies representative of various themes, metals and value creation strategies. They will all be rated as Bottom-Fish, Good or Fair Speculative value, with "bottom-fish" meaning there is one or more missing piece that keeps the stock from developing an uptrend, "fair" meaning that higher prices hinge on delivery of anticipated changes to company fundamentals such as exploration results, and "good" meaning that the market is under-pricing the fair speculative value of the company flagship project as determined by the rational speculation model.
The Bottom-Fish Collection has its origins in 1994 when John Kaiser left the brokerage industry as an analyst and launched the Kaiser Bottom-Fishing Report, a hardcopy newsletter that was mailed every two months. The highlight of the year was the November-December edition which featured 100 "bottom-fish" companies for the upcoming year. The timing was initially based on the year-end slump created both by seasonal exploration cycles and tax loss selling. Eventually the bottom-fish collection was about interesting resource juniors with fundamental success focused management teams that were stuck in a bottom-like price rut because of some missing piece. A resource junior secular bear market began in 2011 with only a couple short lived rallies, and with the last three years so bad the resource junior sector lost much of its audience due to capitulation, an aging boomer demographic, and no replenishment by younger generations. The resulting widespread and indiscriminate price devastation has turned the 2025 Bottom-Fish Collection into the best one ever.
Kaiser Watch was created in 2022 to profile the Favorites Collection. Its format is that of at least one general question and one or more company specific questions whose verbal answers by John Kaiser are saved as an audio file that gets posted to Kaiser Research YouTube. At the same time John Kaiser creates a written version with graphics and links to the YouTube audio questions that gets posted to KRO as a Kaiser Watch comment. These Kaiser Watch Episodes have been unrestricted but in February 2025 the comment version hosted by KRO will be restricted to members only. All the prior episodes will remain unrestricted.
The January 2025 KW episode comments will be posted to Kaiser Watch Substack as unrestricted KW General questions and KW Specific questions. Starting in February 2025 KW General questions will be free but access to KW Specific questions about individual Favorites will be restricted to Kaiser Watch Substack Subscriber membership at $10 per month. The Specific questions will sometimes be about companies in the 2025 Bottom-Fish Collection which as of January 31 had 107 companies. The goal of Kaiser Watch is to introduce new audiences to what the resource junior sector is all about, educate on how to speculate in this sector, and cover stories at both the big picture and the company level.