Sunday, March 30, 2014

nymphenburg castle + park in munich

addendum 12/2022:

what a nice family day in munich outside and inside the nymphenburg castle ...
the best of all wives + me

cafe palm garden ~ cafe im palmenhaus (palmengarten?) 

small pleasure castle pagodenburg
pagodenburg inside #1
pagodenburg inside #2
approaching the castle from the other side on our walk back
few years later (september 2018):
museum mensch und natur (man & nature)

addendum 12-2022:
this time we wanted to visit the small pleasure castle badenburg, but it is closed the whole winter (oct - apr). well, we've have a nice walk in the winter nymphenburg park anyway ⛄
the small pleasure castle badenburg
what a nice grafitti in an underpass on the way to our car

more pictures here: g+ album
eof

Thursday, March 27, 2014

search minerals (TSX-V:SMY)

a nice investor evening with search minerals in munich ...
 hotel kempinski vier jahreszeiten

this micro-cap company produces tin (= zinn) in brazil, intends to increase that production and make it profitable and also to produce tungsten (=wolfram) soon ...

it was a interesting presentation by company's CEO stephen keith about the tin + tungsten markets, brazil, company's goals, next steps ... what do you think: if the only picture in the meeting room shows a bull. what do you think, is it a good or a bad omen? :-)


if you asked me, there is still a looong way to go:
  • just $5m market cap, intends to collect 410m via private financing
  • trading halted 
  • website really outdated: there is nothing about the recently acquired tin mine + tin / tungsten projects in brazil yet. the website is about their REE (rare earths) exploration projects in canada only owned by its wholy-owned subsidiary alterra resources ... btw, there are few alterra shares in my portfolio, but it is the struggling green energy producer alterra power (TSX: AXY), my dears 
  • high chance + high risk investment
  • etc
my conclusion? search minerals is a binary option: all or nothing :-)
more coming soon or never :-)

caledonia mining ~ gold in zimbabwe

update november, 2014: caledonia + endeavour are still alive and struggling in the low metal price environment ...
~~~
there was an investor lunch event with 3 companies in munich:
i have already endeavour + enwave in my portfolio, so let's give also caledonia a try and yes, let's support the economy down there. let's also hope the country will stop destroying its economy soon. they've had already destroyed its currency via hyper-inflation in 2009, so it is hopefully enough. of course, it is a long way to go till zimbabwe reaches its old rhodesian levels, because 3 decades of mugabe's terror and mismanagement made from the former switzerland of africa the probably poorest country on earth.

have you ever seen an 100 trillion dollar notethe highest face 'value' ever printed in the history of mankind? well, it was before the zimbabwe dollar was replaced by USD and south african rand in january 2009.

maybe few key points about caledonia mining
  • no debt
  • $25m cash
  • fully indigenised aka 49% owned blanket gold mine in zimbabwe
  • low cost operation (cash-costs 2013 were $609/oz, all-in sustaining costs $972/oz ... not bad at current gold price of approximately $1,300/oz
  • 2013 production 45,517 oz gold and (very) slowly rising
  • internally funded expansion plans (because there is currently no debt financing available in zimbabwe
  • last but not least, they've started to pay a 7% dividend p.a. in january 2014
btw, i had already a gold producer from zimbabwe in my portfolio, new dawn mining, but they gone bankrupt, so i have lost all money invested :(. trading + investing is a risky game, you know?

eof

Sunday, March 23, 2014

humans were here :-(

humans were here (at the railway property in munich neuaubing ... so sad ... why do we destroy our own environment so ruthlessly ... and our climate as well?

source here
in münchen-neuaubing:
and the 'mother' nature is sooo beautiful ...
... even in münchen-neuaubing

well, i thing what to do about this waste heaps out there ... hmmm, it is too far from our houses, so there will be probably no citizen initiative possible to clean it up some day. well, i will maybe write to german railway, it is their property anyway ... and yes, if there were recycle bins out there, the (most) people would throw their rubbish into them .. but there are none because it is probably to expensive to empty them regularly ...

what about another part in western munich, laim? what do you think?

not any better, my dears ... we humans are so stupid ;-(

but there are also good examples for good human behaviour, like this ones: the right way

more coming soon (especially if i'll get some answer from the railway folks) or never ...