Watch Global have Latin American RH news next week:(A Joke Jafco.)
Actually, anyone know the Latin Miner who had all types of PGM experience and had even drove is Mark whatever Continental on the dry bed of the Hassey in years past and end up in downtown Wickenburg to his amazement? I emailed him a year ago with some communication, he must be; looking elsewhere than here or there even, who knows: LOL - and HE FOUND some maybe? (( No known connection to this SouthAmericamn Area Company that I know of!))
LATIN AMERICA
Altoro Gold (ATG:CDNX) released rhodium results from core samples
taken from holes ES05 and ES08, which were drilled on the Pedra Branca
platinum/palladium project in Brazil. In hole ES05, rhodium results
varied from 0.03 g/t over 0.98 m to 0.36 g/t over 0.86 m, while those
in ES05 ranged between 0.11 g/t over 0.9 m and 0.25 g/t over 0.53 m.
The results contributed to high combined Pd+Pt+Rh grades of 3.2 g/t
over 0.49 m in hole ES05 and 11.83 g/t over 0.53 m in hole ES08.
Rhodium is currently trading at about US $2,400/ounce and the company
says the new rhodium results increase the value of the in situ rock at
Pedra Branca by 8% to 20%. (Mar 1/00)
stockscape.com
Would the golbal guys guys ever consider sellingg some of their share left over and putting them in other area plays? Hummn. RH...PT...PD...and lowly Goldly.
Jafco, what is the way Alex T wants you to have Jack pose it in the form of a QUESTION? Stay between what lines, for the mater of fact; what- RH?
Chucka- Go Global, Act Naturally. Think small and be small.
P.S.- George Soros like RH - I bet. Dickie what I assign to you is to read this and be prepared for a test in the morning: Chucatechet:
"..Subject: -Newsletter of the Month-Real Asset Daily for Mar. 1/2000
Date: Wed, 1 Mar 2000 16:10:46 -0800
This free service is brought to you in part by Stockscape.com and NewsstandExpress.com
Real Asset Daily
Dear Reader,
How'd you like to learn the secrets that separate the big players from
the rest of the market?
I'm talking about the tools that allow market mavens like George Soros
to pocket large sums of money in short periods of time. Well, I'm
about to give them to you. Plain and simple.
In fact, over the course of the next four weeks I'm going to share
with you a series of insights and observations I've accumulated in the
last 10 years as an investment analyst in one of the least understood
and most lucrative sectors of the stock market.
My name is Dan Ferris. I'm editor of a monthly publication called Real
Asset Investor. And this month, through Stockscape, I'll be sending
you a series of letters explaining why now is one of the greatest
wealth building opportunities in years for investors like you.
In the first few days, we'll start with the fundamental reason why
commodities, options, precious metals, and natural resources present
exceptional opportunities for real asset investors. You'll find that
the companies that produce these raw materials of civilization are
some of the most well-kept secrets of the New Economy.
That's because they're considered 'Old Economy' companies. They make
things like oil, steel, and cement. They deliver the energy that makes
the world run. They provide the wheat, corn, copper, palladium, cocoa,
and sugar that feed the world and keep industries running smoothly.
Later, as we move deeper into the names of the companies and our
strategies for profiting from the near daily breakthroughs they're
making with new technology, you'll find out exactly how and when to
buy these stocks. And I'll share with you the methods that only the
most experienced investors and traders us to profit from real assets.
So let's start with?
Secret #1
The big players on Wall Street make their biggest hauls by trading
commodities and options.
Why? The answer is remarkably simple. But surprisingly few people ever
learn how to use it properly to dramatically improve their portfolio
returns.
The answer is leverage.
You see, every time the price of oil goes up one penny, you make
$10?Every time the price of gold goes up one dollar, you make
$10?Every time the price of cocoa goes up one dollar, you make $10?
Most stocks go up arithmetically. That means a $1 rise in the price is
a $1 rise in the value of your investment. But many of the investments
I'll be telling you about in the coming month rise exponentially.
It some cases it will be a traditional stock with double digit sales
and earnings growth as a result of new technology, a sudden change in
the political climate, or changes in government regulations. But
whatever it happens to be, it almost always means more money for
investors in these stocks.
Which translates to profits like 305% on cocoa?376% on crude oil?385%
on gold.
And here's the sweet spot for investors like you -- over the next few
weeks, I'm going to show you exactly what makes these gains possible.
These trading secrets -- coupled with a few unbelievable
opportunities, I'm going to let you in on -- could soon cause your
bottom line wealth to surge upward.
Because you don't have to be an institutional investor or a
world-renown market maven to pocket the kind of returns that leverage
allows.
And your timing couldn't be any better?
I was just stopped out of my Long March and June Palladium positions,
with a total net profit of 178% in about 5 months. The Russians are
going to release export figures in less than 3 weeks, and said they'd
ship their 'usual amounts.'
That tells me that an estimated 70%-80% of the world's palladium
supply is probably safe from any further monkey business this year.
The one caveat there is that the Russians haven't exactly been a
reliable source of information about their own actions for some time,
a situation that I have no reason to believe will change any time
soon.
Still, I think it would be suicidal to stay long Palladium-an illiquid
trader on its best days. It would be gambling, in fact. And I'd
rather go to Vegas and play blackjack than wait for the Russians. If
Palladium takes off again in 3 weeks when the Gokhran, the Russian
state metals and stones reserve, releases export figures, I won't
regret not being in the market. I'm out for now.
I'll fill you in on the rest of trades over the next few weeks. Some
I wouldn't advise getting in on at this time, but some are, I believe,
really great ideas, based on sound economics, and a market action that
is confirming those economics almost daily.
But I'm getting a little ahead of myself here. Let's back up a second
and run through some basics?
Commodities trading is different than stock trading in one very
important way. Commodities are contracts that expire, like options.
These aren't your grandmother's savings bonds... these puppies can
explode for massive gains in a matter of days... or hours even!
And you can trade commodities on almost anything. From corn... to
wheat... to electricity... even the Japanese yen...
It all boils down to this. If you think a commodity's price is going
to go up -- you buy. If you think prices are going to go down -- you
sell.
For instance, one corn contract could represent 50 bushels. If you buy
a December contract. You're pledging to accept delivery of 50 bushels
in December. When you sell the December contract you're pledging to
deliver the 50 bushels in December...
Of course by December prices will have changed. If they've gone up...
you've made money. Down... you've lost. Yes leverage goes both ways.
But as I've already explained, leverage allows the winners to more
than make up for the inevitable losers.
While one corn contract controls about $10,750 worth of corn at
today's prices, you only have to put down $405 in margin to trade one
corn contract. So if the price of corn goes up 10 cents, your
investment goes up $500, or 123%! It doesn't take a big move in corn
prices to make a hefty profit
Tomorrow, I'll let you in on the single most important secret to
commodities trading. And keep an eye out for my analysis and review of
yesterday's market action. I like to watch a few specific indexes,
Stay tuned,
Dan Ferris
Editor, Real Asset Investor
Stockscape.com (STKSF) is a public company.
If you wish to unsubscribe to this publication, please
click here stockscape.com
(If you are an AOL user and you wish to unsubscribe to this publicatio.." |
