top 10 :-) ~~~ ugh! 10 :-(

folks, the loooong lovely easter weekend arrived on planet earth => lets take some time to switch my portfolio view from 'summary' 2 'detail' and look also at the 10 best and 10 worst single trades. lets start with the best ... damned hell! i even didnt know there is already a ten bagger in my portfolio yet! well, the rio alto minig appears approx in the middle of my summary list and my 1st shot at that stock is 'just' +27%, so i even didnt realize what a clever fox in december 2008 i was! tax free +1,045% (because of old german tax law before 2009), indeed!

top 10,  

http://www.informedtrades.com/members/jaro-g-/albums/album-2/232-top-10.gif

top performance => top feelings :-)

well, there were also few mistakes on the road => ugh! 10, 

http://www.informedtrades.com/members/jaro-g-/albums/album-2/233-ugh-10.gif

poor performance => ugh! feelings :o)

... or is it just an impact of caffeine on human beings? lol ... that coffee was prolly a little bit too strong 


OMG! why didnt i buy just the 'good' stocks ?!?
cheers, anyway :-)

addendum, 04/04/2010: what abt a ten bagger bought with the proceeds of a ten bagger that was also bought with the proceeds of a previous ten bagger (100,000%)... => happy easter dreaming, isnt it? of course, ten baggers are fun . btw, the 2nd position novagold is also a ten bagger as it has also increased more than 10 times (bought @ 0.518 euros, current price 5.47, the last column shows already the profit).


even more fun as the profit itself is the story behind rio alto mining . the explorer companies always have their own stories, you know?


well, the rio alto guys called themselves 'mexican silver mines' 1 or 2 years ago. then the ugly crashy october 2008 arrived and the price of most financial assets crashed like a crystal vase on the floor ... not so bad for mexican silver! they still had 7m cash in their vaults, so theyve decided not 2 waste the cash on exploration of its projects and started ... got it? my lovely explorer company didnt like 2 waste cash on exploration?!? unbelievable, isnt it? just read a part of their old news release: .... .... The Company feels that these funds are better used to look for strategic alternatives which are presenting themselves to Mexican Silver Mines rather than in spending these funds on exploration. In today\'s market it is cheaper to buy than to explore and drill for production and resources. ... well, theyve started 2 look for acquisition targets like producing mines or competitors. after a while theyve bought rio alto mining with its gold-copper project(s) in peru! hmmmm, somehow stupid 2 call the company mexican silver mines if the major project is located in peru, right? no problem, lets take-over competitors name as well 

fairytales 4 hardcore fans of exploration/mining business, company's website 

folks, btw, how could we motivate my biggest position scorpio mining to become a ten bagger soon? any ideas out there? lol

is there any silver in silver valley (idaho/usa) ???

folks, i'm such a stupid idiot! why did i bought the bankrupt sterling mining clunker stocks 2day? and why not just once but twice? am i completely brain dead? let's hope i'm only a little bit confused and let's try 2 sort my thoughts! if u promise u will not laugh too loud abt me, i will tell u abt my 'stellar' move ... ok, here we go:

do u still know i've bought stocks of 3 silver companies sterling + sns + minco few months ago? well, they still fight in various legal issues on the idaho's sunshine silver mine (opened 1884, fire in 1972 with 91 dead miners, ...) and there are some other (financial) groups trying 2 take over that historic mine also ...

yesterday i got the investor's newsletter from minco telling that minco is the winner and that they will get 100% of sterling's stock for approx $12m. i just checked the sterling's current market capitalization and saw that they are going 2 pay approx 3 to 4 times the current bankruptcy-adjusted stock price ... hmmmmm, u now me already, don't u? yep, i just saw the $$ signs instead any danger and placed a limit order at €0.07 even if the last u.s. price was $0.08 (and €1 = $1.49) just 2 make sure i will get some stocks. well, there was no other buying in germany so i've ordered the next tranche @ €0.06 and seconds later it was in my portfolio as well ... i didn't get suspect at that time as i know the homo sapiens financialis is soooo damned stupid so i just relaxed and dreamt on even more $$ when the u.s. + canadian market opened. i couldn't believe my eyes! sterling fell intraday -18% there and -25% in germany after my initial purchase. later on the u.s. exchange sterling closed fraudulently at break even thx 2 a micro order moving the closing quote from -18% level directly 2 yesterday's closing price. minco? don't ask either ... they are -5.85% today. hell, does nobody understand that they've got the sunshine mine approx for free? well, the time will show if i'm right this time or mr. market instead ... prolly is the sunshine legal case far from the final firm decision now and the folks out there do know that and just me didn't :-(

what is so special abt the silver valley? silver, silver, silver! you know? if u want to, so skip to wikipedia (and come back :), i liked the short information on hecla mining's website much better:

...The Coeur d’Alene Mining District, where Hecla was born 117 years ago, is located in North Idaho’s Silver Valley along US-90, providing very convenient access and infrastructure. This district has produced 1.2 billion ounces of silver in its history - one of the most prolific silver districts in the world. Hecla has a tremendous land position here… about 25 square miles, which is an area roughly the size of Manhattan. On this land position are many historic mines, which in the aggregate have produced about 300 million ounces of silver, or about 25% of the entire historic production of the Silver Valley....

what is my part of silver valley? well, i've accumulated few stocks of:

• hecla mining - established 1891, announced 2 pay dividends again next year :o), nice website with ticker-like commodity news [current: Every day 400 acres of asphalt roofing are nailed down. (silica, borate, limestone, trona, feldspar, talc, silica sand)]
• coeur d’alene mines - all silver production outside the silver valley (bolivia, mexico, australia, argentina, ...)
• u.s. silver - operates the galena + coeur mines, cash costs per 1oz silver in Q3 were $13. folks, they've lost money on balance even at silver price at record highs. oh my dear! my mexican and peruvian producers have cash costs of approx $3 - $6, my base metals producers with silver as by-product abt $1 (e.g. @ scorpio mining ~ my single biggest stock position at the moment) and there was also a company which has reported cash costs for silver of MINUS $5. silver for -5 usd? folks, got it? that's much, much, much better than silver for free! if they sold all their zinc, led, copper, they've made a profit above $5 and still have all that shiny silver on top! ... well, i didn't remember the name of that company, i think it was prolly one from the trio endeavor silver, 1st majestic silver, fortuna silver ... but i could be wrong on that ... you know, i have more than 30 silver companies in my portfolio as i can't store all of them in a single watch list @ tsx website. hell, let's hope the metal prices in Q4 will support u.s. silver a lot + their stock price will skyrocket soon + i will reach the winning zone again (btw, even if the last purchase shows a profit of abt 13% i'm still abt 15% down on u.s. silver)
• sterling mining - est. 1903, chapter 11 in 2008, bankrupt in 2009
• sns silver - explorer company, trying 2 bring the historical crescent mine into production
• minco silver - cayman island based; huuuge fuwan project in china, next sunshine mine owner?
• formation metals - explorer/junior producer of cobalt in the valley + the Sunshine Precious Metals Refinery owner

• mines management (amex: MGN) - silver explorer, added on january 4th, 2010 => good luck my lovely portfolio newbie :-). ps: their mines are not directly in silver valley, but (as far as i could recognize @ wikipedia) just a minor step over the hills to northwest montana (montanore silver copper project). btw, their headquarters is in spokane, washington ...
• united mining group (bought in december 2010)
• shoshone silver/gold mining company (bought in february 2011)

• ??? + many others ???

my conclusions:

1. the silver valley has still a long way 2 go to reach some extraordinary production + profitability again!
2. mexico + peru + bolivia seem 2 be a much better silver bet than usa
3. there will be some significant consolidation of properties / companies / resources in silver valley in the near future
4. let's visit that historical piece of earth sometime :)

ps: i will update the final status abt the sunshine mine / sterling mining later
pps: do not forget what u have promised above :)
addendum, 1 day later ;o(
oh, my dear! sterling mining is -37.50 % right now ... and has closed at -18.75% with 4 times the usual volume! a huge loss on the 2nd day of my so_sure-$$-investment, isn't it? well, this time was mr. market right and i was wrong :-(

FAQ#1: how does the silver valley looks like? hmmmmm, i will show u how it was 100 years ago, so please use your imagination (or e.g. the google search engine) to find out how it could looks like 2day, ok?

source/copyright: clayton/deer park historical society. btw, the oginal picture was/is here.

my crazy micro-caps :-)

folks, watching my portfolio's pennystocks is like lottery. who will be lucky and who not today? few highlights:

• qimonda +47.92% (my guess: still highly bankruptcy endangered chip producer and (worldwide?) technology leader ... i think it is also the last european chip producer for some special chips at all, but qimonda wasn't big & important enough to get bailouted by german government or some european funds ... well, europe prefers 2 bailout 'soooo neeeded' bankrupt car makers, department stores + banks .... aaand thus 2 buy their computer & mobile devices chips in asia instead. IMO is qimonda a no buy anyway!)
• scorpio mining +27.27% (my guess: healthy! no company related news 2day, but 5 times the usual trading volume => folks, that's my 2nd biggest portfolio position! i think after german market re-adjusts the late canadian price movements it will prolly become my #1 by volume tomorrow)
• sterling mining, also +27.27% (my guess: even if they won some legal issue on lease rights 4 the sunshine mine / idaho recently, they're still highly bankruptcy endangered, no buy!)
• vg gold +11.84% (no guess as i don't understand what's going on there. btw, u still remember their geyser-like advancement into thin air highs after rob mcewen's investment? yep? that stock is up +396.43% in the last 30 days according 2 my broker's software and +89.89% compared 2 my initial purchase price ...)

go, explorers, go!

armageddon in my portfolio as gold/silver plunged today :-(

folks, pls tell me if the crazy guys who dump their gold/silver shares 10-15% cheaper on the market today are the same who bought them yesterday?

btw, who will gain control over the huuuuuuuge sunshine silver mine in northern idaho? sterling mining, minco silver or sns? who cares? well, i do own few shares in all of them :o) ... the only company which informs their investors regularly is the silver valley based sns. the cayman island managed partners sterling/minco do not tell much ... and what about the current majority owner bob mori? does he really prefer sns as the operator of that historic mine?