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Everything posted by drbubb

  1. ADD TO PRESENTATION ?? The method of the late Julius Baring for investors to evaluate a company against its current share price was described as: “Buy up to 10% of the in situ value of a deposit using current metal prices, hold up to 40% and sell above 40% taking no prisoners!”
  2. ...here's one group that does it... Australia's Geoinformatics willing to work for equity Helped at Red Lake: Australian firm uses own process to analyze data Peter Evans, Financial Post ... March 09, 2005 The mining community was shocked in 2001 when Goldcorp Inc. opened its Red Lake data logs to the geologists of the world and issued the Goldcorp challenge: Tell us where we should drill. And miners were even more surprised when an upstart Australian company won. Four years later, Geoinformatics Exploration Inc. is far from resting on its laurels. It's looking for more. "We got $100,000 and lots of kudos from Canada, but we would have loved some equity in those [Goldcorp] discoveries," says Darren Holden, a Geoinformatics vice-president, who was attending yesterday's Prospectors and Developers Association of Canada conference in Toronto. But the company did get priceless name recognition from the Goldcorp deal. A specialist in 3D geological modelling with a market cap of $17.6-million, Geoinformatics now exchanges its expertise for equity in mining developments and has projects in six countries. In February, Geoinformatics obtained a listing on the TSX Venture Exchange. Australia-based Fractal Holdings, and TSX-listed St. Andrew Goldfields each have a 28.3% stake. Canadian mining giant Goldcorp owns 5.7 % of the company. Using a technology called "the Geoinformatics Process," the company can analyze in as little as five months mountains of data that used to take up to five years to examine. Geoinformatics says that by using its process the company has found value in deposits previously thought worthless. "We felt the market was ready for a new approach," Mr. Holden says. "Sometimes, it's as simple as getting a cabinet with 2,000 papers in it. It's stuff nobody thinks to look at but it's useful information we can synthesize," Mr. Holden says. The secret, he says, is thinking in three dimensions. In an industry inundated with maps, graphs and numbers, Geoinformatics creates 3D geological models of potential mine locations. The process allows the company to find potential sources other surveys may have missed. "That's all we did with Goldcorp," Mr. Holden says, "we just looked at it in three dimensions." The world's great surface deposits have already been discovered, Mr. Holden suggests. "We're more interested in what's underneath [those deposits]." By way of example, Mr. Holden points to an Australian junior. The company thought it had run into trouble when its deposit of gold and nickel was not as big as it had hoped. But by having Geoinformatics analyze the data, the company learned it was actually sitting on a valuable iron mine. "We turned it around in four months," Mr. Holden says. "Sometimes that extra 5% knowledge can be enough. "But in the end, technology is just a tool -- it all comes down to smart geology." @: http://www.stockhouse.com/bullboards/viewm...0&TableID=2 = = = About Geoinformatics Geoinformatics is a global resources company which has developed a unique and innovative approach to resources exploration. The Company’s team of geoscientists and technical experts has created a scientific and technology platform (the “Geoinformatics Process”) which integrates data aggregation, data mining and three-dimensional modeling to identify and prioritize exploration drill targets. The Geoinformatics Process has been designed to assist in understanding and quantifying risk at a much earlier stage of the exploration cycle than has traditionally been available. The Company’s objective has been to bring a faster, less expensive and more reliable analytical methodology to resources exploration. website : http://www.geoinformex.com/
  3. Chinese Enter The Battle Between Aztec Resources And Mt Gibson Iron (From minesite, By "Our Man In Oz") Chinese takeaway has a whole new meaning in Australia’s iron ore industry. Not only is it the customer, not the cook, who is the Chinese player in the Australian game, but the purchase order from Shanghai is for the entire shop, not just a serving of noodles. And, if you think that’s complicated wait until you get to the details of what’s afoot in Oz where there’s full-blooded mayhem among the small fry of the iron ore patch, and trying to figure out who’s buying what is almost down to guesswork. In a way, this description is a cop out, but only just. The truth about the small iron ore stocks, especially Aztec Resources and Mt Gibson Iron, is that none of the locals really knows who owns what, when the game will end, or who’s on top. Aztec Resources ... weekly-update : daily-6mos Mt Gibson Iron ... weekly-update : daily-6mos This complicated muddle is best illustrated by the Aztec situation. Four months ago this company, which is re-developing the old BHP Billiton iron ore mine on Koolan Island, received an uninvited three-for-one share swap takeover from a local rival, Mt Gibson Iron. The plan, according to Mt Gibson, was to create a mid-tier player out of two smaller miners. London-based Cambrian Mining said it quite liked the idea and accepted the Mt Gibson offer for the 30 per cent it owned in Aztec, and earlier today lodged a notice saying at now owned 19.93 per cent of Mt Gibson. Other investors have been slow to follow Cambrian out of Aztec though a steady trickle has lifted Mt Gibson to almost 40 per cent of its target. Cambrian Mining (CBM.L) ... weekly-update : daily-6mos In normal circumstance a 40 per cent stake should constitute effective control, and perhaps it will. Aztec, despite making good progress with its Koolan Island project, has fouled its own nest somewhat by botching a royalty deal on the island and forced to cough up an issue of 78 million shares to buy out a strange mob from Sydney called Australian Royalties Corporation, about which nobody knows anything. ARC might even have stayed in the background, except it whacked a caveat on the Koolan Island project and demanded prompt settlement, giving Mt Gibson the ammunition to claim all Aztec shareholders had been misled. Shanghai Merchants (HK:1104) ... weekly-update : daily-6mos If your head hurts at this point of the saga it might be best to walk away now because it just gets worse thanks to the intervention of even more mystery people – the chaps from China. In the latest twist, a Chinese company called Shanghai Merchants has snapped up a 10.6 per cent stake in Mt Gibson, and a 6.6 per cent stake in Aztec. Shanghai Merchants, with a foot in both camps, is backed by one of China’s biggest steel mills Shougang. It bought the Aztec shares on market, and the stake in Mt Gibson from an even more famous billionaire Chinaman, Lee Ming Tee, a prominent player in the Australian corporate world in the 1980s when he had a number of joint ventures with Malcolm Burne, chairman of AIM listed Golden Prospect. ...MORE: http://www.minesite.com/storyFull5.php?storySeq=3920
  4. drbubb

    Nov.-Dec. Gold & Gold share thread

    GOLD - back to $605, says this analyst: "The weekly chart shows a different story. Stocks still have not met their secular downtrend line vs. the yellow metal and in fact have not lost their uptrend. No sign of bearish divergence either. The US Dollar is at a critical juncture and the bond market is trying its best to re-inflate Goldilocks (yield curve relentlessly declining). Combine this with a notable upturn in sentiment in the gold sector (newsletter writers are bursting with bullishness including some who were notably bearish until recently) and we have the makings of a correction at the least. Our targets of 605 +/- for gold and 309 to 319 for HUI are back in play. While stocks may simply decline less than gold, it would not be surprising to see additional upside here for all things paper." @: http://www.safehaven.com/article-6290.htm - - After yesterday's action, a fall to at least $610 looks rather likely ... update
  5. (according to Gerald Reid, of Hornet): This week will also see the most significant solar IPO of the year. First Solar Inc, which makes solar modules using thin film technology, expects to raise USD 222.8 million in net proceeds from its IPO. The company is offering 17.5 million shares for an estimated price of USD 17 to USD 19 per share. Following the placement there will be approximately 69m shares outstanding and the company will have a market capitalisation of approximately USD 1.2bn. First Solar is currently increasing its production capacities from 75MW to 175MW with the construction of the new 100MW plant in Germany and the new funds will primarily be used to build a manufacturing facility in Asia. First Solar achieved an average manufacturing cost of USD 1.50 per Watt in the first nine months of 2006, which is significantly lower than the per Watt manufacturing cost of producing crystalline silicon solar modules.
  6. Tycoon buys stake in Anglo American Hong Kong, China ... 11 November 2006 10:11 One of China's wealthiest tycoons has bought an $800-million stake in Anglo American, a landmark deal in China's pursuit of African resources, the Financial Times said on Saturday. Citic Pacific chairperson Larry Yung, China's third richest man, also known as Rong Zhijian, bought 17-million shares from the Oppenheimer dynasty, Anglo-American's founding family, the newspaper said. The surprise purchase of the stake reflected China's thirst for resources in Africa to fuel its economic expansion, the paper said. Last week Beijing hosted a summit for 48 African leaders focusing mainly on trade and resources. The newspaper said Yung's acquisition came two weeks after London and Johannesburg-listed Anglo appointed a new chief executive, American Cynthia Carroll. The appointment led to fresh speculation that Anglo, the world's third biggest mining group by market capitalisation, could be the target of a takeover. - AFP @: http://www.mg.co.za/articlePage.aspx?artic...news__business/
  7. drbubb

    The Oil and Energy Price Thread

    Looks like we have seen a low in Oil already these charts are persuasive to me: http://www.greenenergyinvestors.com/index.php?showtopic=925 A bounce to at least mid-$60's, then ... we shall see
  8. High inventory levels, combined with skepticism about OPEC's commitment to production cuts, have helped to pull prices down by around 25 percent from the record high of $78.40 for U.S. crude hit in July. But Goldman Sachs said inventories were progressively being eroded by stronger-than-expected demand. "We continue to believe that the recent, lower oil price levels will prove short-lived, particularly as the lower prices have contributed to exceptionally strong demand growth in the U.S.," the investment bank wrote in a report. It maintained its price forecast of $75.50 for U.S. crude next year. http://money.cnn.com/2006/11/08/markets/oi...ered=2006110807 Update The Oil index (USO) looks as if it has bottomed too ... update
  9. "has a energy pay back time of about 9 month" that is very interesting. and makes me want to have more detail on an actual project
  10. drbubb


    Nice move in those Silver stocks David Morgan seemed happy with the reaction to the first Silver Summit in London
  11. Spiritual Economics : We need to "keep score" by counting more than money. ================ (name of thread changed, to broaden potential interest) = = = Secrets from the Roof of the World, Will Tibetan spirituality feed hunger in Han China? That's the theory of an American film-maker operating in Tibet 2/ Mr. Lawrence Brahms, an ex-lawyer, who gave up his legal career was interviewed on CCTV-9 today, and spoke about monks and lamas using the internet, to understand the world, and bring harmony and eco-consciousness to the world. A new railway is open this month, linking Lhasa to Shanghai and Beijing, whichmeans that Llhasa can take more of a role on the world stage: perhaps linking China and India, and helping materialistic China too rediscover spiritual roots
  12. A RESULT good for the Spirit, but a nice more practical chinese way of looking at it is this: "Only after the underdeveloped nations gain reasonable growth and prosperity will the world walk out of the old traps of poverty and conflict. As a Chinese saying goes, "The way to protect the rich to the fullest is to help the poor gain a better life." Indeed, with a more progressive mindset, the developed world would be able to make more contributions to global development in the next stage." @: http://www.financialsense.com/fsu/editoria.../2006/1108.html
  13. drbubb

    Late August Watch-list

    C&D, thanks for those comments. it's good to see people finding their way into this sector. MAW is up nicely from the below $1.00 level, where its should have been easy to pick up. I'm not sure I would be buying it at over $1.20, but I do think it has potential to shoot up from here, especially if its Swedish uranium assets are "discovered" by the wider market. There arent as many good stocks "still on the mat" as there used to be. So it may be necessary to look for stories with flaws, that have a good chance of disappearing Golden China (AUC.v) is like that. Its merger with Michelago has been delayed so long that the market has lost confidence. A successful fundraising and a quick merger could fix that the sceptical sentiment towards the stock. Their great drill results are mostly ignored
  14. drbubb

    Late August Watch-list

    "I am looking at Bonanza Res. (BRS.v) at $0.20 ... update ... but I need to do more work on fundamentals" I stumbled across it when looking for American Bonanza. It is not a gold explorer however. They describe themselves as: "Bonanza Resources Corporation is a professionally managed junior oil and gas exploration company with an increasing revenue stream. The Company is currently developing projects in Oklahoma and Texas. Through its extensive contact base and using its current revenues, Bonanza will continue to seek out and participate in high potential natural gas drill programs in North America." (i am glad to learn that they are "professionally managed") = = = AFTER a quick bit of research, i decided BRS is not for me: BRS has a chart of a type that I like. Such charts often mean the price has fallen to long term support, and the last sellers are being wrung up. I believe it could be a safe buy- provided there is some fundamental news coming out that will bring fresh interest into the stock. The drilling sounded promising, but the releases were skimpy on detail. When I saw the tiny revenues (only $26K in a quarter), i decided there must be alot less to the story than the NR's suggested. I will stay away
  15. it may have trouble beating Roca mines (v.ROK) ... update I was lucky enough to buy in a pp at $0.20, with $0.25 warrants. what's the story with Western Troy?
  16. hammered. thnx to that proposed change in the tax law. thank Gawd, I sold out earlier because I thought CNM was too expensive relative its nAV anyone who holds, should consider selling, and buying individual royalty trusts. that gap between price and nav will close somehow. if it closes by the trusts rising, then you will do better with the trusts themselves (on a geared basis- since CNM.un includes an element of gearing) some Individual trusts here: http://www.advfn.com/cmn/fbb/thread.php3?id=13079166
  17. the serious threat of a change in tax law has caused these stocks to plummet. assuming it goes through, the stocks may not climb back to prior highs, because investors will want a higher yield on existing royalty shares, becuase their tax priviligese will end in 2011 i am watching the charts, and may nibble on a few some charts are here: http://www.advfn.com/cmn/fbb/thread.php3?id=13079166
  18. drbubb

    Three Charts With Converging MAs

    insider buying - these look interesting committee bay / cbr In the past 12 months, insiders have purchased $621,354 in equity and sold $504,622 in equity of Committee Bay Resources Ltd. Since October 23, 2006, insiders have purchased 107,000 shares at $0.45-0.479/share. There were no share dispositions during the same timeframe. inca pacific / ipr In the past 12 months, insiders have purchased $501,260 in equity and sold $322,913 in equity of Inca Pacific Resources Inc. Since October 4, 2006, insiders have purchased 65,000 shares at $0.85-0.98/share. There were no share dispositions during the same timeframe.
  19. Listen To The Oracles Of The Outback: Forget The Sage Of Omaha. By Our Man In Oz / Minesite excerpt (The boom goes on… The boom ends tomorrow … , which is it?) Mark Creasy, Australia’s richest prospector (but secretly an Englishman to his bootstraps), is in no doubt. “It continues,” is his succinct summation to the question of the future of the boom. “Three billion Asians want the same lifestyle that we’ve got, and they can’t be wrong.” Creasy’s optimism is backed by a private gold and base metals prospecting business estimated to absorb A$4 million of his fortune annually, plus a share portfolio which the last time it was searched covered a three-page print out and consisted almost entirely of small-to-medium mining and exploration stocks, much like a punter at Ascot betting on the field. More about Creasy’s portfolio later, but first the second oracle. Clive Donner (secretly a South African to his strap of biltong) runs the Linq Resources investment fund, which is essentially the re-badged Rothschild Golden Arrow fund. Donner too is an optimist, though without the verbal flare that Creasy brings to the job of predicting the future. “A lot of what we’re seeing is supply driven,” he says. “Stockpiles in some commodities are virtually non-existent, and when you factor in continuing global growth it’s hard to see supply catching up with demand in the short term.” Donner says it really doesn’t matter how many small mines are started they will be “a drop in the bucket” of demand. “The high level of demand we’re seeing is not a one-off wonder.” Linq’s investment portfolio, unlike Creasy’s, is a public document, though there is a time factor at work which means that what you see reported today might not be what the fund holds tomorrow. But, even given that Donner can buy and sell as he pleases it is worth noting that in the September quarter he was a buyer of shares in freshly-floated South African-focused Platmin, and a participant in the A$18.7 million raising by emerging north-west Australian gold producer, Wedgetail Exploration. The top three holdings at September 30 were Queensland copper stock, CopperCo, in which Linq had a holding valued at A$28.9 million, or 16 per cent of its portfolio, followed by Wedgetail (A$17.1 million, 9.5 per cent), and the southern African coal producer, Riversdale Mining ($A13.9 million, 7.7 per cent). Other big holdings were in Oilex, Elkedra Diamonds, Independence Group and China Gold Mines. Of the future, Donner said he remained a buyer, more than a seller. “Sustained high demand and critically low LME stockpiles continue to drive prices. Creasy, who is understood to be an investor in Donner’s Linq fund, has a much more eclectic range of interests as shown in a search of his holdings earlier this year. Investments, either held personally or through his company, Yandal Investments, were spread across more than 30 mining companies, with big positions in Lion Selection, De Grey Mining, Apex Minerals, Regis Resources, Platinum Australia, Tanami Gold, Albidon Investments, Dominion Mining, Dioro Exploration and Helix Resources. Not everyone is a winner, even Creasy was a holder of Croesus Mining when it went belly-up with his stake listed as 24.5 million shares, once worth a lot but now worth a lot less.” ...more; http://www.minesite.com/storyFull5.php?storySeq=3908 = = Companies featured in this Story (Clive Donner's investments) CopperCo Ltd (ASX-CUO), A$28.9 million, or 16.0 per cent Wedgetail (ASX-???) , A$17.1 million, 9.5 per cent Riversdale Mining ($A13.9 million, 7.7 per cent). Elkedra Diamonds NL (AIM,ASX-EDN) Riversdale Mining Ltd (ASX-RIV) Oilex, Independence Group and China Gold Mines (Mark Creasy's investments): Linq Resources Tanami Gold NL (ASX-TAM) Apex Minerals NL (ASX-AXM) Croesus Mining NL (ASX-CRS) Albidon Ltd (AIM-ALD,ASX-ALB) Platinum Australia Ltd (ASX-PLA Lion Selection, De Grey Mining, Apex Minerals, Regis Resources, Dominion Mining, Dioro Exploration Helix Resources.
  20. Solar Cells for Cheap Not everyone gets a solar cell named after them: but Michael Gratzel did. He says his novel technology, which promises electricity-generating windows and low manufacturing costs, is ready for the market. By Kevin Bullis Michael Grätzel, chemistry professor at the Ecoles Polytechniques Fédérales de Lausanne in Switzerland, is most famous for inventing a new type of solar cell that could cost much less than conventional photovoltaics. Now, 15 years after the first prototypes, what he calls the dye-sensitized cell (and everyone else calls the Grätzel cell) is in limited production by Konarka, a company based in Lowell, MA, and will soon be more widely available. Grätzel is now working on taking advantage of the ability of nanocrystals to dramatically increase the efficiency of solar cells. Technology Review asked him about the challenges to making cheap solar cells, and why new technologies like his, which take much less energy to manufacture than conventional solar cells, are so important. Technology Review: Why has it been so difficult to make efficient, yet inexpensive solar cells that could compete with fossil fuels as sources of electricity? Michael Grätzel: It's perhaps just the way things evolved. Silicon cells were first made for [outer] space, and there was a lot of money available so the technology that was first developed was an expensive technology. The cell we have been developing on the other hand is closer to photosynthesis. TR: What is its similarity to photosynthesis? MG: That has to do with the absorption of light. Light generates electrons and positive carriers and they have to be transported. In a semiconductor silicon cell, silicon material absorbs light, but it also conducts the negative and positive charge carriers. An electric field has to be there to separate those charges. All of this has to be done by one material--silicon has to perform at least three functions. To do that, you need very pure materials, and that brings the price up. On the other hand, the dye cell uses a molecule to absorb light. It's like chlorophyll in photosynthesis, a molecule that absorbs light. But the chlorophyll's not involved in charge transport. It just absorbs light and generates a charge, and then those charges are conducted by some well-established mechanisms. That's exactly what our system does. The real breakthrough came with the nanoscopic particles. You have hundreds of particles stacked on top of each other in our light harvesting system. TR: So we have a stack of nanosized particles... MG: ...covered with dye. TR: The dye absorbs the light, and the electron is transferred to the nanoparticles? MG: Yes. TR: The image of solar cells is changing. They used to be ugly boxes added to roofs as an afterthought. But now we are starting to see more attractive packaging, and even solar shingles (see "Beyond the Solar Panel"). Will dye-sensitized cells contribute to this evolution? .. more: http://www.technologyreview.com/read_artic...0&ch=energy
  21. drbubb

    Three Charts With Converging MAs

    if GAL keeps rising, i may continue to recycle money into cheaper shares some on the AUG watch list still look good, and i find new ones all the time
  22. drbubb

    Nov.-Dec. Gold & Gold share thread

    a few laggard gold shares are still worth buying
  23. "The real significance of this is that it involves a nationwide (UK and Ireland) network of Dairy Crest vehicle service centres which will now be operated by Tanfield who can use them as an infrastructure base to serve all electric road vehicles, not just Dairy Crest ones " Very interesting. I will start a thread on Tanfield - in the Green Energy/ Power Alternatives section
  24. drbubb

    Three Charts With Converging MAs

    GAL has been a big winner today. I sold a few shares at $0.34, having bought at $0.22 a few days ago I think it is going alot higher once they announce production, but I have so many shares (over 1,000K), so I am happy to "trade round the edges" a little