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SKYT.OB
Try Skyterra Communications....SKYT.OB...owns the MSV Joint venture for Mobile Communications...Harbinger Capital just bought a large stake... partnered with Inmarsat on satellite capability...Appollo capital no dummy here....
maybe not a zipcode changer but certainly worth a long term buy.
Art
http://www.skyterra.com/
About SkyTerra
SkyTerra Communications is the parent company of Mobile Satellite Ventures LP ("MSV") www.msvlp.com, who is developing a hybrid satellite-terrestrial communications network, which it expects will provide seamless, transparent and ubiquitous wireless coverage of the United States and Canada to conventional handsets. MSV holds the first FCC license to provide hybrid satellite-terrestrial services. MSV plans to launch two satellites for coverage of the United States and Canada, which are expected to be among the largest and most powerful commercial satellites ever built. When completed, the network is expected to support communications in a variety of areas including public safety, homeland security, aviation, transportation and entertainment, by providing a platform for interoperable, user-friendly and feature-rich voice and high-speed data services
even if you were say, conservatively speaking, 25% invested you wouldn't be too busy tracking your holdings? lol
Art
Interesting post from the ADA Stockhouse board...where mining analysts are underpricing metals and therefore mining co. valuations...seems to be true with the value mining companies place on their acquisitions.... also, those that grew from acquisition are outperforming those that are growing organically....
Art
***********
I thought someone mentioned in an earlier post that analysts' covering the mining sector are short changing investors and mining companies.
Well - well perhaps the story is going to heat up. I have never trusted a mining analyst who is employed by a bank or brokerage house. They are most likely working for the shorts if it comes to gold.
Mining analysts missing the mark: report
ROMA LUCIW
Wednesday, February 06, 2008
Mining analysts are missing the mark in their predictions for a sharp decline in metal prices, according to a report from Ernst & Young.
“Contrary to the continued assertions of mining analysts, current metal prices are actually a return to sustainable price levels following an extended period of artificially depressed prices,” the report says of the recent runup in commodities.
“While analysts are wary of straying too far from their comfort zone of historic averages, the mining companies — by their actions — are taking a far more realistic view.”
Looking back, the Ernst & Young team found that short-term metal price forecasts by analysts since the start of 2005 have been “significantly adrift” of the eventual price reality, missing targets by between 20 and 200 per cent.
The end result is that most mines and mining companies have been “materially undervalued,” which means that significant premiums have often been paid over market prices. The report noted that over $100-billion (U.S.) has been spent on the Falconbridge, Inco, Phelps-Dodge and Alcan deals, as major mining industry players battle for a dwindling supply of low-cost production around the world.
“Research shows mining companies that have pursued growth through acquisitions have consistently outperformed those that have chosen to grow organically,” the report said.
Len,
What are you going to do after the meltdown and you start adding positions? You won't have time for multiple contests and stats.... ;) I call that the Lentinman stat index...as the market bottoms Len buys...# stats and contests declines....
Art
I did notice that....and wondered if there was something behind it or just an attempt to make it look like their property.... like the dividend approach...
Art
CMM
wow...just looked at the chart of CMM...pretty ugly... think they could get acquired? Thanks to those who suggested selling...CL/BW and sorry if I offend anyone still holding.
Art
Airports (97), rail, roads...they will be adding all of these...
basic materials. Also, read where Singapore is looking to expand, Malaysia to supply the fill etc... looks to me like the US in the late 1800s...and 1950s...
Art
China/Airports
Interesting FT article today on China building 97 regional airports to unclog the travel congestion there...next to the article on the biggest snowfall in 50yrs and how it has caused fuel (coal/oil) and food shortages and travel congestion...
things are clogged up there with millions of migrating workers and lack of infrastructure...will impact their growth or ability to grow so I am sure they are spending billions to fix....
how to play it...how to play it....mmm.. any ideas are appreciated..
Art
Thx...someday I will bring something new to the board ;)
Art
CL..
don't forget ADA...will spin off their gold assets...results in Feb. With BWR acting the way it did I would not be surprised to see ADA.TO improve from .70C$ at any sign of Zinc/Lead strength, consolidation etc.
Art
Many have been saying financials next week or financials in a week or two...was being facetious and nothing ill intentionded....I have a ton of this and am looking forward to $3 a share..
Art
CL.
perfect storm on the upside...up nicely since my post over the weekend... finally something I have done right!
Art
Mortgage...
This is the longest week on record! ;)
Art
China's 2008 zinc exports to be half of 2007: COFCO
Hong Kong (Platts)--28Jan2008
China's zinc exports in 2008 are expected to be only about half of the
275,649 mt exported in 2007 because of higher domestic prices and tax changes,
a COFCO Futures Brokerage Co. official said Monday.
Currently, domestic zinc prices in China are at Yuan 18,700-18,800/mt
($2,598-2,612/mt), higher than the three-month zinc price on the LME, which
closed at $2,260/mt on Jan 25, 2008.
Meanwhile, changes on the taxation front are also expected to hurt
exports. The Chinese government is expected to abolish the 5% value-added tax
export rebate for 99.995% zinc, the COFCO source said. Besides, the Chinese
government has imposed a 5% export tax on 99.99% zinc and a 15% export tax on
99.95 zinc from January 1 this year.
Chinese customs statistics show that China exported 275,649 mt zinc in
2007, down 15% from 2006.
Figures from China's Bureau of Statistics stated that China produced
3.7486 million mt zinc in 2007, up 18% from 2006. The rise was attributed to
some Chinese plants having lifted output as well as the completion of some
new zinc production lines last year
BWR.TO
3 things converged last quarter on BWR and crushed the share price..
1. On 10/18/07 BWR announced a water discharge from its Soledad tailings impoundment area at its Mochito mine in Honduras..this was not well received even though mining continued and they used their Pozo Azul tailings impoundment area instead... this was abrupt after a strong run up in momentum price and was a sharp downturn on the share price.
2. Then on 10/31/07 they reported 3Q earnings that were .02C$ vs .14C$ expectation mainly due to concentrate shipped but not recognized as revenue...this crushed the price and coupled with the Mochito news you would think the company was going under...
3. Then as most of us are painfully aware...the markets repriced risk and the rest of 4Q '07 and so far in January have been difficult for mining interests....
My view is this is an excellent opportunity for the next few weeks on BWR...
1. They have announced the use of the Pozo Azul impoundment area and that "minning continued throughout this period"...not sure if that means at full production....
2. Markets appear to be realizing that China/Asia/India will still require a full set of BMs...
3. 4Q could surprise on the upside of consensus .08C$ as the deferred revenue is recognized...may be baked in the consensus but .08C$ looks light to me....
4. A full quarter of Langlois was included in 3Q '07 but 4Q '07 full production could be higher with higher grades...
5. Myra Falls production is forecasted to improve from 3Q.
6. apart from the qtr...if the momentum swings back in favor BWR...that could attract additional momentum buyers on the upside.
7. HBM news of an ex-BWR CEO/CFO could create an expectation of an HBM push to diversify their BM operations into Honduras and Chile by acquiring BWR.
8. At $528M Market Cap...someone could scoop that up easily...
The BIG wild card is global growth assumptions and the impact of Mochito on the quarter....but I think the price is way to low and not just your average undervalued low....
Let me know what you think....as all of you are smarter than I.
GLTA.
Art
BWR.
3 things converged last quarter on BWR and crushed the share price..
1. On 10/18/07 BWR announced a water discharge from its Soledad tailings impoundment area at its Mochito mine in Honduras..this was not well received even though mining continued and they used their Pozo Azul tailings impoundment area instead... this was abrupt after a strong run up in momentum price and was a sharp downturn on the share price.
2. Then on 10/31/07 they reported 3Q earnings that were .02C$ vs .14C$ expectation mainly due to concentrate shipped but not recognized as revenue...this crushed the price and coupled with the Mochito news you would think the company was going under...
3. Then as most of us are painfully aware...the markets repriced risk and the rest of 4Q '07 and so far in January have been difficult for mining interests....
My view is this is an excellent opportunity for the next few weeks on BWR...
1. They have announced the use of the Pozo Azul impoundment area and that "minning continued throughout this period"...not sure if that means at full production....
2. Markets appear to be realizing that China/Asia/India will still require a full set of BMs...
3. 4Q could surprise on the upside of consensus .08C$ as the deferred revenue is recognized...may be baked in the consensus but .08C$ looks light to me....
4. A full quarter of Langlois was included in 3Q '07 but 4Q '07 full production could be higher with higher grades...
5. Myra Falls production is forecasted to improve from 3Q.
6. apart from the qtr...if the momentum swings back in favor BWR...that could attract additional momentum buyers on the upside.
7. HBM news of an ex-BWR CEO/CFO could create an expectation of an HBM push to diversify their BM operations into Honduras and Chile by acquiring BWR.
8. At $528M Market Cap...someone could scoop that up easily...
The BIG wild card is global growth assumptions and the impact of Mochito on the quarter....but I think the price is way to low and not just your average undervalued low....
Let me know what you think....as all of you are smarter than I.
GLTA.
Art
I will consider the week a success if my gains outlast the milk in my refrigerator....
Art
Froggy,
Jumped unexpectedly for no apparent reason.....
;)
Art
LBE
Liberty very froggy today..also from dismal levels....no news from what I can tell....
Art
SWN +26.5%
BWR.W +18.69%
ADA +11.5%
from dismal levels but I will take it!
GLTA.
Art
thx...thats what I have been doing...but thought you had the magic ring or something...
GL>
Art
Bufcan..
I use Fidelity and can't trade the TO & V symbols...need to use the US pink version...am I missing something in Fidelity? Can you trade in Singapore, Europe etc?
Thx
Art
BWR...
buying up some warrants...this is silly..
Art
Yes...me too...my largest positions are getting killed while my smaller ones are hanging in there... hopefully that can improve...I have a good deal of patience.
Art
Rogue,
SWN is a very risky play!! I was shocked to find you in that..at least with paper money....
I love the SWN story....5 years down the road.
Art
No Sleep...Pls see if ADA has anything to offer...if you are well rested..lol
Art
Kroes sold their Trinidad wells for $250K....cash to be used to add to '08 drilling plan...
Art
NSOMNIAK Challenge – Art Vandalay
I am a long term investor with generally 5-6 yr investment horizons…Since I am the world’s worst trader/timer I look for 5 or 6 speculative theses or value plays over time…my belief is if one or two substantial investments of deep value have significant returns you can afford the remaining 3 not so good…as the theory goes…for example, I invested in SKYT.OB at the worst part of the fall ’02 tech bottom and had a 40 time return on a large investment….as Peter Lynch says you only need a few in your lifetime…. So this style does not play well in the VMC challenge so I borrow and steal from the best on this board with the greatest respect…so here goes…
SMBMF.PK/S51.SI SembCorp Marine
A 10Bagger table pounder (one of many!) Can’t go wrong with Hank..I love Singapore…honest government, great growth potential…China exposure without the negatives of China policies…Singapore based Marine Engineering, ship maint/repair co. with support for offshore O&G in Singapore/China/Brazil and the US. Operates out of 14 worldwide yards...strong earnings…I believe the growth story will play out over time over the US centric funk we are currently stuck with.
BWR.TO Breakwater Resources
Getting hammered. A contrarian play on the price of zinc…profitable producer with 4 mines:
Myra Falls – BC Zinc/Copper/Silver/Gold
Langlois- Western Quebec Zinc/Copper
El Mochito – Honduras Zinc/Lead/Silver
El Toqui – Chile Zinc/Lead/Gold
Diversified holdings in friendly mining countries…I believe the price of zinc will move higher after a dismal drop in ’07 with very little change in inventory levels from historic lows….Jr. Mining board is an excellent board…CL/Nuts/NoSleep and Bob are excellent so come over and make a few picks….again…global growth will win out over time vs US led global downturn….BWR is now extremely cheap with a potentially strong Q4 ’07 a few weeks away….
PBG.TO/POE.V (PetroBank and Pan Orient)
PBG..much discussed by BobW….thanks for the table pounding as I made a sizable investment that has tripled….looking for oil to stabilize in the $75-$85 range where we can resume the upward trend in the oils sands THAI and Canadian O&G play….
POE.V – like KIPPS table pounder and analysis…..along for the ride.
TRGD.PK Tara Gold
Only one left holding I think ;) but like the gold/silver properties in Mexico and potential of Tara Minerals….another one thanks to BobW….took some profits at $1.3 so can’t complain too much but heavily invested in this dogger this year….looking for a strong ’08.
$CASH Cash
Lentiman M1 cash deposit not subject to Fed inaction, Cramer rantings, currency moves, balance of trade impacts, Rogue oh my god posts, ARI500 musings or lack of sleep from NSOMNIAK and NOSLEEP…… will be used to cherry pick the remarkable stocks of KIK, CL and Researcher, SKILLZ and to short the top pick of OCTBARGAINS………
Good luck to all
Art
OT - TCK
NoSleep.
TCK might look good here? I bought only a few shares at this level.
Interesting battle between those who foresee huge decline in the world's need for materials and those who believe in the global growth story... For the long haul, I am long and optimistic on global growth and think the mkts will resume that view after this pounding...
Art
Not sure which is more painful at this point...my thesis on BWR or TRGD....
Art
Concentration can be horrible in some cases....ie Enron.
Art
I guess the employees of Enron must have read Bershire's Chairman's letter.....
Art
Didn't want to jinx it!
Art
Skillz...
My #1 rule of investing... never invest in company that has spelling errors in it's Annual Report....
Art
HWEB/AFPC.
What do you make of this? +~35% today after a miserable few months....
Art
http://biz.yahoo.com/bw/080114/20080114005971.html?.v=1
Personally, I am adding to base metal positions... global growth is here to stay. World cushions impact of this mess and moves on....
Art
Skillz...thanks! Not sure how you guys keep this stuff straight anyway...
Good luck.
Art
Len,
Did you not get my picks?? Doesn't look like you got me...?
Art
No Hweb?
Art
Cliff...don't forget to add the Value Microcap switch from Raging Bull to Investor Hub.... ;)
Art