Showing posts with label labrador. Show all posts
Showing posts with label labrador. Show all posts

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  • website really outdated: there is nothing about the recently acquired tin mine + tin / tungsten projects in brazil yet.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 :-)

Monday, May 16, 2011

altona mining (copper mountain) + cap-ex ventures

a combined investor lunch event 2day => altona mining + cap-ex ventures

altona mining survived and became later copper mountain, symbol C6C at ASX) ,,, and even later part of hudbay minerals (HBM at TSX)
altona mining's project in finland
  • my well known copper play
  • great progress in finland ... btw, yesterday won the finnish ice-hockey team the world championship in slovakia (bratislava + my birth city kosice) against their archrival sweden by astonishing 6 : 1
  • great progress in australia dito => later merger of (almost?) equals with copper mountain, C6C
  • well financed ... of course, ive increased my holdings in altona's recent capital raising action few weeks ago ... unfortunately, the current market correction drove the share price below my purchase price :-(
  • anything special 2 mention? well, the CEO alistair cowdem seems to be serious abt what he talks as the company reaches one milestone after another => lets lean back and (with a little patience) lets enjoy the many-bagger future of that investment ;o)
  • ...
cap-ex
  • iron ore in quebec / canada
  • labrador trough ~ iron ore belt which stands for 99% of canadian iron ore production
  • 'plan nord' ~ development of infrastructure by quebec's government
  • very early stage projects
  • ...

anything else? coming soon or never 😄