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Cramer at it again...recommending another Alaskan goldminer tonight: THM
Here's some highlights from interview with CEO Jeff Pontius (should be encouraging to LBSR/NAK'ers as their are many similarities to us)...
* Cramer encourages search for miners such as THM "lost in the shuffle...still undervalued"
* THM has claims in Alaska, expected to come on-line with production in 2015, producing 600 oz Au per year for ~ 17-20 yr
* they have infrastructure in place
* they consider themselves a take-over target
* they see PM remaining strong due to emerging mkt demand and inflation of fiat currencies
* have have a strong Alaskan permitting team
* they are doing rigorous economic/environmental analysis and taking their time "to do it right"
* they see "serious upside"
* expect near term 55K ft of drilling on one of their properties
* expect $600/oz development cost
* but see continuing strength in gold price due to "supply side" issues
* confirms that "new discovery" that they have is a rarity these days!
* Chinese have approached them for possible JV's
From Kudlow tonight: major segment on energy with Hutchinson, Forbes
"Drill-drill-drill...unleash America's energy sector...create millions of new jobs". Nuclear wasn't mentioned (more at nat gas/oil), but same motto would apply, no!?
Our time on the international goldmining/uranium radar screen will come and with it, incredible pps levitation!!
Fascinating question, but Tombstone isn't a part of NAK's "resource portfolio", true? At least not yet!
Thanks, KY, for cutting through the legalese!
How does/will this relate to U5?
I'm in!!
Are you buying more before earnings announcement??
Thanks, didn't realize it was today!
If PUDA, WHY NOT LLEN???
NAK has quarterly due out tomorrow...
VERY GOOD STUFF, KY!!
Mad Money Cramer featured an interview with Alaskan miner Novagold CEO: here's some highlights and my extrapolation to LBSR/NAK...
* metal prices to remain firm because "bloody hard to find <new deposits>" [jives with both JB and RT's assessments]
* "we control the whole <mining> district" [probably what NAK/HDI and future mining giants want for BCSP caldera]
* based in politically stable USA [same state, claro]
* upside exploration potential [ours is humongous, even just Pebble alone is still open at depth, correct?]
* mineral make-up primarily Cu > Au/Ag and very high grade [ditto for us]
* 1 million oz of Au per year for ~ 20 yrs [NAK (and LBSR) will best this estimate IMO]
* recent trip to Hong Kong, where Chinese "showed tremendous interest, especially in a long-lived mine for copper" [ditto for Liang's trips and Pebble estimates of > 100yr life of mine]
* partnering with mining giants, such as Barrick [NAK's got AA and Rio]
* BTW, Soros is a big investor in NG
Not hard to imagine a time when we get the same (or greater) publicity...but by then we will be pretty rich!! Can then throw a few pebbelitos to the masses...
good numbers out this morning...great backlog...CEO buying shares recently...I'm in!
Wow...the silence on the board (and stillness in the stock) today was, well, surprising. Perhaps we're all a bit talked out, and must simply be good patient investors...
...NAK showed some late session stronghands buying volume. Also, looking back at NAK's 10 year chart, I see a gap from mid-2002 to late-2004: anyone know what happened then?
Re-reading this is eye-popping, mouth-watering, and (well...you get the point!)...
All we need from BCSP alone is 1/100th of one "Pebble" to justify only our current market cap...I want everyone to just think about that for one minute. It's a pretty damn good wager to make on LBSR with it's 6-7 ZTEM's of similar signature!! Of course this calculation discounts EVERYTHING else we have going to zero.
Nice reminder of the class act HDI is...
SGR reminded us recently that NAK's proving of Pebble cost < $5M.
Vegas would be nice, with maybe a field trip to Arizona (even Alaska for the adventurous...I'll go in the Summer)
I'm not FB "certified"...please feel free to send on for us!
Bullish comments RE uranium demand from UEC CEO Adnani (Bloomberg interview 3/24/11):
* US is world's largest consumer of U
* about 55M pounds per year
* we mine a mere 3M ppy
* "we import more foreign U than foreign oil"
This last fact (probably stated as a % of need for the given commodity) is a fabulous marketing point for our CEO!!
Second best volume of March ending in the green...
Thanks, ghmm!
I just picked up some shares...MP selling brought us back down to earth, some suspect. And yes, perhaps folks were hoping for more in the settlements!? Seems like a great business model in a growth industry and solid financials (in N. America!). IBD ranks them highly. Excellent technical play here as well, IMO.
Good luck!
BTW, are you the moderator?
What happended to this once high-flyer microcap??
Looks like a great entry point, with nice volume in over-sold territory!
DRILL, DRILL, DRILL!!!
I've had a hard time identifying ANY correlates to any metal, base or precious, for LBSR pps...again, I'm a strong long, don't get me wrong. Time will tell our story well!!
We all know it's "the drill bit, dummy!" (not meant at you, amigo). Again, I think speculators know they have potential here for a variety of minable minerals (U, Cu, Au, Ag, Mo, etc.) with LBSR. And that's priced in here...
Yes...only went sub 0.03 for a few minutes! Buyers moving in!!
>>>>>GO LBSR <<<<<<
Completely agree, but I'm just pointing out a logical fallacy of some here: why wouldn't any possible investor (peeking even a bit under the hood) appreciate we have potential PM's, just as much as we have potential for uranium??
I'm a strong long here, so don't get me wrong, but I don't understand why several are saying "PM's are not priced in". Unless someone investing in LBSR doesn't goes to the website, only believing we are a uranium play (from our company name), would they not price in PM's.
Is anyone following the court docket up there in AK?? Sometimes the order of heard cases is rostered for public view!?
~0.03 seems to be an established floor, technically...three brief visits below it have failed since early Feb. '11.
Just out...Andreeff "bullish on uranium" on Bloomberg (interviewed on 3/22/11):
States that term price for U has remained > $70 out several years. Believes US policy is correct in advocating for more uranium usage (believes 30% rather than 20%) as part of our energy needs mix.
Also sees strong gold and even stronger silver prices ahead.
Decent volume yesterday...let's see some follow-thru!
Is their off-shore israeli prospecting being discounted, given middle east instability?
Nicely reasoned and stated.
As KY has opined, legally we stand an excellent chance of winning strong damage awards, should we lose.
Also, folks here have speculated that our land area would be less environmentally sensitive. Does anyone know for sure the lay-of-the-land for our claims? E.g. watersheds, run-offs, etc.?
If NAK loses the court battle, how badly do we anticipate impact on LBSR to be??
yesterday, technically, was excellent:
best buy volume in > 2 1/2 months. Also, note that we've held the high 0.02's THREE times...isn't that the charm!?
Thanks for the pleasant (phezant) reminder! I'm reassured!!