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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (15751)6/23/2004 8:51:49 AM
From: austrieconomist  Read Replies (1) | Respond to of 110194
 
Agree on those plays, RNO and NTO. Good liquidity and low transaction costs. market snoozing while copper (NTO) and nickel (RNO) production expands.



To: russwinter who wrote (15751)6/23/2004 5:48:18 PM
From: jimsioi  Read Replies (1) | Respond to of 110194
 
Russ, mind sharing why bullish on RNO

Spanish base and PM miner..Hadn't heard of them before..Good move today
stockcharts.com[h,a]dacayiay[dd][pf][vc60][iUp14,3,3!Ue12,26,9!Ll14!Lb14!Lya7,14,28]&pref=G

Think you have it right that the big money funds are focused on the wrong picture, presently. Shortages will be the issue after this FED move is out of the way, or at least until concern about August comes to play...

Base metal stocks rather mixed...NTO up probably on delayed reaction to yesterday's news...but on a decline in volume...
stockcharts.com|B|B14



To: russwinter who wrote (15751)6/23/2004 5:54:47 PM
From: jimsioi  Read Replies (1) | Respond to of 110194
 
RNO

From their latest earnings release....

"Aguablanca Nickel Project

Project construction is on schedule with commissioning of the plant expected to commence in August and ramp-up to full commercial production during the fourth quarter of 2004. To date, all major equipment has been assembled. Mechanical and electrical installations and piping are progressing well in the plant area. Auxiliary buildings have been completed and the site office is operational. Construction of the tailings dams and powerline is in progress. The mine contractor is advancing pre-stripping and has now exposed the ore. Annual production from the open pit is expected to average 18 million pounds of nickel, 11 million pounds of copper and 20,000 ounces of platinum group metals (PGM) for a period of 10.5 years. The commencement of commercial production is expected to result in a substantial increase in cash flows for the Company."

biz.yahoo.com

This will be timely....they seem to have the cash, too...

hmmmmm