Hello Frank
As you know, I am not as confident as you about Ashton and I have my doubts about Aber moving up too much in this market. Possibly each spring if they announce any new economic pipes but if not, I do not anticipate a big move there until the mine is in or nearing production unless someone takes a run at it.
SUF with its earnings growth should rise calmly despite the market. Not at huge multiples but comfortable ones. Next spring, should Canadian exploration result in economic pipes, then I expect it will take a run but not without results. Speculative buying I don't believe is out there right now, especially since SUF will not beat any drums while they explore. If history is any judge, they will leave that up to KLA, CAV and friends.
If you want wild market action, I expect the promotion machine following WSP will generate some reasonably significant swings but I do not believe it will end on a high note, rather more like MPV over the past two years.
There are other plays with real geological potential out there like TNK, Archon and GMD, but they do not appear to be slated or structured for heavy promotion.
Good luck. |
