Sharing Knowledge in Smallcaps

[Frank Pembleton]

Hi Tim. I'm glad to hear that-- I wasn't sure exactly where to post. I figured this thread is as good as anything around IHub. I'm also interested in energy and not just oil, I speculate on everything from nuclear to coal.

I'll keep you filled in on my position in Noranda-- as in when I sell it, real time of course. :)

Here's a comparison chart between Noranda and Phelps Dodge:

http://finance.yahoo.com/q?s=PD&d=c&k=c3&c=nrd.to&p=m200&t=1y&l=on&z=l&a...

You'll notice that NRD is slightly less volatile than PD; this is because of two things. One, Noranda is an integrated miner-- more than just copper. They're into nickel, aluminium, cobalt, zinc and even gold... Two, they pay a $0.20 dividend per share quarterly-- which translates to 5.25% yield after today’s close.

My stop lose is @ $13.70 -- and my target price is $18.19


Michael