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Re: huesos post# 31760

Tuesday, 04/14/2015 12:13:07 PM

Tuesday, April 14, 2015 12:13:07 PM

Post# of 35706
It's a shame you have to lower the tone of this board with personal attacks, but I will not respond in kind, but rather constructively.

BTW, who or what is Cormeir?

Following IKN has made me heaps of money over the years by pointing me to good buys in his newsletter, plus helping me avoid losses by steering me away from bad companies. And no one has better insight into and knowledge the South American mining landscape.

I am sad that one of my long term favorites TRY has announced that they are delisting from the TSX, making them impractical to own. I have invested the proceeds from selling my shares in three takeover candidates, the first two of which I have been accumulating for a while.

FCV -- developing a phosphate concession in Peru, far from any habitation, near a port, and just up the road from several producing mines. They just announced a new drilling campaign plus the PEA is on schedule for completion Q3. (IKN turned me onto this one.)

RMC -- has a a JV with FMC on the very large high grade Cukaru Paki Cu deposit in Serbia, plus a host of other prospects across Serbia, Romania, and Macedonia. I am surprised the stock price didn't react better to the recent announcement that the JV was finalized, so I bought more. In due time FMC will buy the rest of Cukaru Peki, if not the entire company.

REG -- When Andean American owned what was then called the Sinchao deposit, they completely buggered relations with the Peruvian locals, but now that REG owns the deposit, renamed AntaKori, they can put to use their skills at IR, proven during their time running Antares Minerals, on which I made a lot of money. There are mines producing from deposits that run right up the edge of the property. This is a longer-term play, as 2015 will be taken up with community relations and further consolidating the land position, leading to fundraising and then drilling next year. (Another one that IKN alerted me to.)

I'd say FCV under 25 cents, FMC under $4, and REG under 30 cents is a good buy.

LC

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