america meets africa? red eagle mining + agriterra ...

not yet, my dears, just an interesting investor lunch today

the canadian gold explorer red eagle mining with projects in colombia and the pan-african agriculture business company agriterra were presented by cm-equity and gianni kovacevic in one of munich's best restaurants käfer today.

red eagle mining

 source: company website

• colombia, historical gold mines, opportunity because cheap like an unwanted pet 
• first production targeted for 2015
• ...

agriterra

source: company website

• mozambique, cattle, maize, macadamia nuts, bananas, fruits,
• sierra-leone, cocoa,
• makes profit (let's check that in their finacial reports first ...) or just going to make profits?
• trades approximatelly at its cash level
• unfortunately only a AIM london listing, TSX-V listing should come in 2013
• ...

of course, i've welcomed the chance to get some inside information about the war situation in MALI from gianni, who is one of the major shareholders of one of my portfolio companies legend gold which has 3 properties in southern mali and is 80% since my initial purchase. it is down a lot especially for a company which has no debt and doesn't spend any money on its projects (the joint-venture partners do), isn't it?

... more insights? coming soon or never

orko silver

(source: orko silver)

folks, instead of the usual investor lunch event, there was an investor dinner yesterday ... well, there is a lot to say, but its too late now and im leaving tomorrow to toronto for the PDAC show, so gonna post few insights from director's mike devji's presentation later ... btw, orko will also attend the PDAC, so u could speak directly 2 orko's representatives there :-)

still wanna know few details? here we go:

• ownes one of world's largest silver deposits in mexico
• strong partnership with pan american silver (PAAS). as agreed, PAAS can get 55% of the projecting  by spending some money on the property and developing the project up to certain level (feasibility study?). well, 45% from 10m ounces of silver isnt bad, is it? u know whats even better? im also shareholder of PAAS, so i dont have to care abt the remaining 55% as well :-)
• overview abt usage of silver + outlook abt future silver market developments + the shortage of physical silver will prolly continue further, so we neednt worry too much abt the price of silver ... just imagine if silver socks becomed the best selling socks in the world, there are sooooo many feet on planet earth, OMG! lol
• the current high-high-high price helps orko a lot cos PAAS is prolly going to make an open pit mine and take out all silver available instead of the original plan of mining only few high grade veins underground
• orko is currently my 4th biggest position, so i dont complian abt the high silver prices either :-)
• ...

good luck, my dear orko miners, good luck ;-)

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 ...

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