andover ventures

next investor lunch 2day => a nice update on operations again ... hell, next time im going 2 post an andover ventures picture, promised ... will prolly have 2 steal one from companys website, haha :-)

there is not everything fine at andover cos they didnt put their trixie mine into production this year as theyve promised, buuuuut there is such a great perspective and such a nice shareholder structure (directors + insiders own biggest part of the company so lets hope they will act as owners and not as managers ;-) that ive bought all my andover shares back i had to sell during my margin calls horror in september/october and even few more => im glad to carry a bigger line of andover shares than ever before 

go gold bugs go  ... and silver, copper, zinc bugs as well, of course ...
btw, here u can read my insight on andover from their former investor event(s)

#jarobeats cmc markets!

my broker's logo ...

yabbadabbadooooo! ive won my fight against cmc which ive boosted/accelerated in june! finally ive made more money out of my (mini) trading account as ive ever paid in :-). well, ive withdrawn 5k €uros in august and 1,600 last thursday, which is already few hundred euros more than i have put in the last 3-4 years in order 2 learn to trade and of course 2 learn sooo much abt myself ... i even plan 2 withdraw next 400 euros on monday cause there is still more margin coverage than i really need ... => ....

... thx my lovely silver, wheat, gas, coffee, sugar, rice, corn, orange juice ... well, now ive left only 4.4k of profits at my cmc account so there is no way i can ever lose (unlike stocks + currencies, commodities cant become worthless overnight, u know?).

thats victory, isnt it? what is so special at this? well, cmc markets is the CFD-broker with the worst reputation, i think ... its really a bad guy broker with sooooo aggressive advertisement, many inexperienced customers, the cmc guys as a 'market maker' make even their own quotes so they very often overshoot the ranges of underlying assets (e.g. commodity futures) and thus take out many stops near the real price curve, ive already complained many times abt wrong order executions and even few times got some money back ... btw, just in case u would like to ask why didnt i take my money out and move to a better broker, heres the answer: at that time i had no appetite, no time, no mood and especially no money to open a next trading account with a much much higher initial account backing needed (usually 5k or 10k instead of 1k @ cmc markets) ... and after all, i have already 5 different trading accounts ... and yes, i like the cmc trading software much better than e.g. its lynx brokers equivalent [lynx is my current low fee canadian mining stocks broker ... and since 2 months also a CFD broker ... but i dont wanna 2 mix up my CFD and stock activities in a single account (that allows me a much much better risk control i believe)]

what 2 do with my new funds? thats easy! #jarobuys aquila resources, bravo gold, tara gold, andover ventures, ... (will continue buying on monday ;-) ...

addendum sept 20, 2010: #jarosells sugar @ 24.24 today morning .... was the daily low realy that deep? why tells nymex it was just 24.26

well, thats karma isnt it? shudda not write abt my dear broker, wudda not get stopped out below the real daily low, is it?

Nymex No. 11 Sugar (hell, 2day's low is 24.26 and not 24.24)

btw, ive entered the sugar market in may, still have 1 contract open, im too tired & too lazy now to bother my calculator in order to compute the gains in terms of percentage, the cash difference per CFD contract is slightly above 1,000 bucks in both cases which is really great, i think:

• 10.05.2010: 14.21 u.s. cents 
• 14.05.2010: 13.93 u.s. cents

btw, as for now, my next stop limit is 23.23 but still hope sugar will go up further 

addendum 09/21/2010: shopping finished, #jarobuys altona mining, formation metals, enwave corp

go microcaps go!

go andover go!

folks, thats the 2nd visit of andover (TSX-V: AOX) in munich so far (welcome, rob + thx 4 coming again). if u wanna u can see some pictures of the nice käfer`s palace from the 1st event here.

what happened since the last visit? IMO are the things changing from good to better, which leads me 2 the question of the day: what 2 do in a situation like that? that was an easy one, wasnt it? of course, #jarobuys more andover shares 2day!

lets try 2 sum up few investment related issues:

• the prospects are great: 3 different Au/Ag/Zn/Pb/Cu properties, geothermal energy, limestone, rare earths, huge land package, ...
• the mngmt owns approx 35% of all outstanding shares, so the guys in charge of the company are going 2 work like crazy in order 2 make that story a success  => lets take part in that ;-)
• few legal issues concerning genco/chief are solved in andovers favor
• ...
• any risks? of course, exploration/mining is a risky business and there will be a lot of capital and/or a strong partner (like rio tinto in one of the properties) needed till all assets become cash generating mines ... gonna wait that long?

hell! lets tell mr. market andover's share price should respond accordingly SOON :-)

btw, if u wanna philosophize abt that issue u can also move 2 the discussion page @ InformedTrades ...

holiday investments?

http://twitpic.com/2fob0w

u know already my favorite activities, dont u? instead of swimming/sunbathing/eating/drinking beer, #jarobuys:

• scorpio mining - silver in mexico
• andover ventures - gold in queebec/canada, i think, shoudda look-up in my former blog post? well, not yet, its holiday season now ;-)
• penn west trust (yesterday) - oil + gas in canada, a steady monthly dividend payer, it will balance my sometimes overstretched margin account, i hope ;-)
• aurizon mines - gold in queebec/canada
• orko silver (2 days ago) - silver in mexico
• fortuna silver (2morrow) - silver in mexico
• ...
• novagold (after tomorrow) - gold in canada + usa ~ the soros / paulson investment ...
• 1st majestic silver (after tomorrow) - silver in mexico ... thats my silver bullion dealer, u remember?
• kinross gold (next day) - gold everywhere, one of the biggest gold producers in the world ...
• osisko mining (next next day) - gold in queebec\canada, ive prolly watched too long at my osisko (baseball? anti sun?) cap .... and bought 200 shares instead of 20 via my margin account .... of course, sold 100 shares immediately cos i didnt wanted too much debt in my account 

http://twitpic.com/2kct5w

• impact silver (later on) - silver in mexico - my last holiday investment issue ... any reason 4 that? yep, on my very last day in tunisia ive discovered the undersized label 'impact' at my bathing shoes and prompt decided 2 increase my existing position in that promising silver producer a little bit further ... of course i take investment decisions only on intuition/dreams and the like, u know that already, dont u? ... btw, osisko & penn west are a little bit down since my entry, all other companies advanced sooooo very nice 

folks, im happy ive decided NOT 2 spend money on gold&silver call options and invest in some of my gold&silver explorer/junior producer companies instead ... why? IMO there is a much better risk-reward-ratio :-). good luck, my sweet holiday investments, good luck

ps: ive chosen my scorpio mining t-shirt 4 dinner! we have 2 help luck a little bit, isnt it?

pps: dont worry, of course i ve been already swimming/sunbathing/drinking beer

ppps: the best gold/silver investment team ever? the tooth pick gang! lol

http://twitpic.com/2g6j2p 

... tooth pick gang #2:

http://twitpic.com/2g6mul

investor lunch with andover mining (TSX-V: AOX)

what abt my interesting investor lunch event in one of the best munich's localities käfer (~'a beetle')? what abt the savvy investors, newsletter writers, money managers and crazy aliens like me? wanna see some other aliens? wheee, not at all? no problem, its your choice ... anyway, my question is ... question is ... what the hell is andover? lets ask wikipedia! andover?!? sorry 4 that, just a small joke! dont worry, we are not going 2 visit every single state in usa in order to meet andover mining (AOX), promised ... former name: andover ventures. well, lets move directly 2 companys website for any details and/or future updates concerning that promising Au + Ag + Cu + Pb + Zn explorer, ok?

the company was presented by not sooooo very gifted public speaker ... the brother of the current ceo (~the blankstein boys!) ... just in case u are not certain abt me, IMHO its much better 2 listen 2 a realistic professional who is a major shareholder of the company himself speaking abt all that advantages, prospects, risks and abt the roadmap 2 investors' heaven than 2 listen 2 an actor who would tell you the nicest stories abt nothing ... btw, whats your opinion?

there was soooo much positive news and even actual positive developments in the past few months that as for me, the most strange thing abt andover is the damned poor stock performance! dont forget there were record gold prices out there, successful legal settlement of some 60m outstanding debt concerning former operations of their majoritarian holding chief consolidated mining company, some contracts with geothermal energy producers on some stupid hot water on their property (what abt my RAM power corp?), limestone, real estate assets, already available mine equipment left by former mine operators, two high grade properties (Au + Ag + Pb + Zn in utah & Au + Cu in alaska) IMO in obamalitically completely crazy and unstable country (lol) but europe is not any better and australia (40% additional tax on resources planned!) & south america is even much much worse (!!!), a new planned roads/railroads to andovers neighbor property in alaska (OMD, its novagold, my most prominent ten bagger club member!) ... ok, there is still one minor unresolved legal issue outstanding (some 5m dispute over genco resources ~ my struggling silver play!) ... hell, is it too good to be true or what? what does mr. market know what i dont? or is the company that unknown that even the most hot story on earth wouldnt reach the tsx-venture tape? folks, lets try it out and lets bet against mr. markets opinion again :-)

damn, im not that paper trader type of guy! hmmmm, whats 2 do next for an earth convict like me? well, i just thought lets give these andover guys a try and thus bought few shares in canada @ CAD 0.21 today. folks, its sth like the 6 months low, u know? well, there was not much money left from my recent cash-in @ cbh resources, so ive decided 2 use my margin account as there is at the moment nearly a complete cash coverage of all open positions anyway, so what?

any other investor homework out there? yep, ive subscribed 2 their newsletter and im going 2 watch andovers development a little bit closer and of course, maybe there will be a point in the future where happens both, i have money 2 invest and andover looks like a great buying opportunity again. damn! that would be a moment 2 increase my initial stake (what abt robbing my wifes and childrens pockets at night? :-)

folks, dont worry, u know me already well enough so u can be sure i will handover andovers major issues from time 2 time (of course, just in case if sth interesting happens eg the share price doubles or andover finally joins my ten bagger club or the like ...)

what abt few pictures? well, there are some mining pictures on companys website, but nothing soooooo interesting ... well, lets go back 2 munich and visit käfer again, there should be at least its beautiful historical building somewhere 2 find ... here we go!

outside ...

... inside ... no insider visible? just dont care ... the waitress is coming soon :-)

GOOD LUCK, MY LOVELY ANDOVER VENTURES, GOOD LUCK 


update september 2010