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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: jimsioi who wrote (19975)	1/12/2005 10:34:28 PM
From: the Zwei	Read Replies (2) \| Respond to of 108672

I will probably stop out of RIO if it breaks the 50 day MA but I suspect that today marked the ST low on this one and we'll be getting a rally, hopefully with positive volume. On Amerigo: Been looking for a good copper play. I am out of both PD and PCU. I looked at the chart of ARG.TO. It has positive money flow and accumulation. It had a bearish engulfing candle today, so I'll watch this one until I think it's in an uptrend. stockcharts.com[h,a]dacayyay[dd][pc50!h.02,.20][vc60][iLl14!Lf!Lc20!Lb14]&pref=G Thanks Jims, as always, I appreciate your views. Zwei

To: jimsioi who wrote (19975)	1/13/2005 12:23:10 AM
From: Taikun	Respond to of 108672

Iron Ore 1. Holding MSB: FWIW there is the MSB trust with an approx 60yr life (expires 21 yrs after death of last trustee, oldest is 42) yielding 7.5% that derives royalties from the same resource as CLF, which supplies 40% of teh iron ore market 2. Divested CLF: Jan 6, 05 MS slapped an overweight on CLF ($60 target, $47.86 Jan 5, 2005 now) but now they have proposed an all-cash purchase of Auzzie iron ore miner Portman, CLF shareholders are up in arms over $24p/shr cash that they were expecting would be rotated into buyback or dividends. It was one of the more entertaining calls I've heard-fast fwd to the Q&A later on (I am waiting for the MS note and new target, ha ha) biz.yahoo.com (If I were the CEO I would have done the following, in this order): 1. Announce a 'special dividend of say $5 2. This would jack up CLF's price 3. Do a share issue to fund expansion 4. Announce the offer funded by shares This way you piss off a lot less holders. It is obviously an ego thing wanting to expand to Asia and get into China, big shareholders expected to be rewarded in a different way (ie cash) for their years of support) 3. Adding LIF.UN: Less mkt share than CLF, only 18.9% but derives a royalty from Iron Ore of Canada (IOC) chart looks good, they were hit hard by a strike last year that nailed the price and is only recovering. finance.yahoo.com I'm sitting on this cash from divesting CLF, maybe I'll add some RIO too. JMO D