well, i do not believe there is much time left 2 buy commodities soooooo cheap for too long especially gold, silver, gas, agriculture ...let's buy some more explorer stocks!
- acadian mining - Zn, Pb, Ag, Cu, Au in nova scotia / canada. that guys have been HIGHLY bankruptcy endangered few weeks/months ago, but now, where the legal protection (~ canadian chapter 11) on their major asset nova scotia mine is well resolved + a strategical partner invested about $10m + the operations commenced again .... now should be everything fine, well? but why is the stock price still sooooo damned down?!? why does the market not recognize that issue? what's wrong? anyway, let's bet on their recovery! mr. time will prove (soon?) who's opinion was right , mr. market's or mine? btw, what's your guess?
- sabina silver - Zn, Pb, Ag ... i think they've plenty of cash 2 continue the development of their hackett river mine ... let's lean back + enjoy their progress
- ECU silver - Ag! they do already produce some silver, have strong partnership with industry leader pan american silver, just the share price doesn't respond accordingly ... who's wrong here? again mr. market? let's bet on that also
ps: folks, pls don't tell my wife i 'wasted' next money on stocks, she'd kill me i think ...
13 comments:
I'd say time will make it right!
And that goes for Acadian and Sabina.
Sabina I like for their optioning out their Red Lake properties to Mega Silver in return for a net smelter royalty and the proceeds of the sale ofcourse.
That way they get extra financing and potential future revenue if Mega manages to develop it.
Acadian has been doing everything which is needed to make it through these times. A management that survives a storm like that is a-ok in my books. Definitely a longterm hold and worth a small investment. I'm looking forward to them starting up again, that shouldn't take that many months. If you're deciding to get in than do it while its still beneath 0.10 to enjoy the bigger returns on your initial investment.
hi Ye Old Goldnugget,
let's hope all of them will do fine and the markets will recognize their potential/value soon :-)
thx for your kind comment + good luck with your investments,
jaro.
btw, you've choosen a funny name 4 your response, it would make for a good domain name for any gold bugs website :o)
you're welcome Jaro.
Patience is a virtue and those that possess that virtue will be rewarded.
funny name, yeah I know. Its mainly a reference to myself and the fact that if I were to have been born in the 1800's then I surely would have been struck by the mighty gold fever and most likely would have wound up as a Ye Old Goldnugget.
Not that I'm that old now mind you :-)
When did your interest in the gold/silver miners start?
hi Ye Old Goldnugget :o),
my real interest in financial markets, stock exchange etc. started in 2005 with an commodity seminar in munich, pretty soon after that i've 'discovered' also gold + silver ...
good luck with your investments,
j.
Hi jaro,
looks like we're going up today. I already see 0.08 popping up.
Hope we break the 0.10 soon as that means we're from these dreaded lows and bound to go higher.
You a holder also? At what price per share did you enter?
hi :-)
here is a link to my portfolio + invetsment strategy + mission statement + much more :-)
http://jarogruber.blogspot.com/2008/09/trading-investing-working-what-will-i.html
Nice, I'll definitely take a look at that.
I'm thinking about emailing acadian again and seeing if I can find out anything more about their progress.
I'll let ya know if they get back to me, I say 'if' cause sadly not all companies do.
well, I emailed them, must be a week now.
No response as of yet.
funny thing was, the questions I asked in the mail were the following day more or less answered in their newsletter about their acquisitions :-)
also asked them about their mine and wether a restart was possible.
from what I read from their newsletter they are imo seriously considering putting it back in production.
a while back I read a story that around 0.90 for lead and zinc would do that.
We are close to those levels right now.
when they put their mine back up in business that certainly won't hurt the share price.
here's to acadian. Hope they do.
heya :o)
i think it is soooo pity they don't answer emails ... i've sent a mail 2 acadian's CEO about a year ago, but i also didn't get any answer ;o(
i've even met acadian's representatives (will felderhof, i think :) @ the precious metals fair / conference in munich 2 years ago, but anyway ...
ps: i still hope acadian is to small to finance IR staff and they do more concentrate on their business instead, but it is still strange & sad indeed, isn't it?
thx 4 your update + let's stay connected concerning the latest developments :-)
btw, do you own more (precious metals) explorer / junior producer stocks?
jaro.
Heya Jaro,
I did manage to get a response from Will although that's been a while now. I think the last 2 or 3 mails went unanswered.
And yes, that's truly a shame since they don't realize that shareholders also are part of their company. The moment any company starts trading on the stock market is the moment they should have someone employed who deals with shareholder related issues. My 2 cents.
But since they seem to be doing everything needed to get through these times I guess I can forgive them for that....for now at least :-)
About your question, YES, of course, I've had many and still hold some.
Orko Silver is one of my favorites.
That great of a favorite since I decided to make a blog about Orko Silver Corp
You can check it out here
http://orkosilver.blogspot.com/
its only a couple of days old so not to much content for the moment. Work in progress
And yeah about Orko...they do respond to e-mails in a timely fashion and even more.
So, that alone does much for me as an investor.
Others I like, rubicon, great panther, couple of lithium plays, actually too darn much to write down and too little money to buy them all :-)
Mostly gold silver uranium lithium rare earth
Stay connected, aren't we already all connected on some sort of cosmic level :-)
But yeah, I'm up for that.
bye
Ye 79atoms Nugget
thx :o)
i also have orko + rubicon + saft (lithium batteries) ...
orko belongs to my biggest holdings, but unlike rubicon, orko's share price doesn't behave according their soooo good news flow + developments, i think ...
i will leave on vacation tomorrow (bali/indonesia), talk 2 you mid september again .... and let's hope gold/silver & our stocks are much, much higher then :-)
btw, which stocks do you own/watch concerning rare earths? i think china produces the most stuff there, isn't it?
So, also Orko Silver ;-)
Smart man!
I see that one becoming a market darling like underworld resources a while ago.
And yes, at these times you can buy Orko at bargain price cause when they start releasing their first results the price will not stay that long around 0.60-0.70
And you can't compare orko and Rubicon development wise. Not quite yet anyways. Rubicon I always saw that one as the next big Goldcorp. And with their latest newsletter about having a mega deposit...well just sorta confirms it.
Wow, nice one. Holiday in Indonesia. Have a great time.
And yeah, I think looking back at other years...from September through to October are smashing months for gold. Gains of 14% I read somewhere which ought-to bring gold comfortably to around 1075.
Rare metals :
Avalon rare metals, Rare Element Res.
China seems to be hoarding rare metals. Wether they are top producer I don't know. Read something about China and rare earth metals in the last couple of days...and of course the stock-price of most rare earth metals went up ;-)
Talk to you soon Jaro. Have fun
bye
orko silver? orkoooooooo!!!
here we go! yesterday +5.5% in a really weak silver market. in the last month approx. +50% ... well, it's going the right way just now, isn't it?
btw, i think the share price of acadian mining starts slooooowly to reflect that soooo positive news flow recently. what's your opinion?
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