Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Crazy Fools LightHouse -- Ignore unavailable to you. Want to Upgrade?

To: ms.smartest.person who wrote (2406)	4/28/2007 10:36:15 AM
From: ms.smartest.person	Respond to of 3198

Time May Be Right for Entering Gold and Silver Positions Posted on Apr 27th, 2007 with stocks: CDE, GFI, GLD, SLV, TRE Andy So submits: I expect that the prices of gold and silver will come under significant selling pressure as long as the stock market continues to post strong gains. Strong corporate earnings and the Dow’s recent rally over 13000 has placed investors' attention on stocks, instead of looking for alternative currency investments or investment risk hedges. The recent rally in gold and silver silver has created a good opportunity for profit taking in the short-term. Gold also failed to cross the key psychological price point of $700. In the past, I've written that the precious metal markets are relatively small in comparison to other investment choices. A few large hedge funds can exceed the entire gold or silver market. The opportunity for institutional investors to engage in price manipulation may be evident by the increasing volatility in the spot price of the metals. While this is merely speculation, readers can note that the price of gold or silver can swing + or - 5-10% in a week's time. The fundamentals behind why gold and silver remain strong investment choices haven’t changed. Building a position as institutional traders exit positions is exactly how individual investors can benefit from the increase volatility in the gold and silver market. I have been watching the spot prices of gold and silver closely and may decide to increase my own portfolio's exposure to a few gold and silver miners. A few stocks that I believe are already trading at attractive entry points are Coeur d’Alene Mines Corporation (CDE), Tanzanian Royalty Exploration Corporation (TRE) and Gold Fields Limited (GFI). I may decide to build a physical position in silver if the spot price reaches under $12.50. A jump up to $15 from $12.50, which I expect by the second half of 2007, will yield a 20% gain. Over the next 1-3 months, my price target for gold is $650-$660 on the downside, and $720 on the upside. I also see the downside for silver at $12 and the upside at $15 during this same time period. Silver tends to follow the price movements of gold and is shaping up to be a better investment in possible percentage gains if a short-term rally in gold and silver materializes. Disclosure:The author currently owns 15,000 shares of CDE purchased at an average price of $4.24, 5000 shares of TRE purchased at an average price of $5.50 and 500 shares of GFI purchased at $16.94. seekingalpha.com

To: ms.smartest.person who wrote (2406)	4/30/2007 8:38:47 PM
From: ms.smartest.person	Read Replies (1) \| Respond to of 3198

&#8362 David Pescod's Late Edition April 30, 2007 OILEXCO INC. (T-OIL) $8.74 -0.03 BOW VALLEY ENERGY (T-BVX) $5.85 -0.12 DELPHI ENERGY (T-DEE) $2.22 -0.04 While it’s the last day of April and Oilexco was supposed to have production from Brenda announced by now, but still no news. Actually, production from Brenda was expected quite a while ago, but as in most resource developments, the one constant seems to be delays. Today we caught up with Canaccord oil and gas analyst Fred Kozak who has been long the Oilexco story for quite a while and looked good for being bullish on the story. Today he suggests, the company is closer to production, but doesn’t look like it’s going to be today. On his top three list he still has Oilexco as his number one pick with a $14.00 target (while Peerless is number two) and he suggests that Oilexco is currently drilling Huntington and when the Ocean Guardian rig becomes available, they should be drilling the Ptarmigan play as well. Meanwhile, high profile analyst Josef Schachter has come out with his Maison Placements update on the oil and gas sector and the 40-page review of the stories he follows is always interesting. What we found that stood out was his top “International” pick for the last issue and mentions several times over the last year or two, Oilexco has been replaced by Bow Valley Energy (BVX). But he does say this about Oilexco… “We believe both of these stocks (Oilexco—his top international pick and Questerre Energy (QEC)—his top domestic pick) have imminent material events which should be catalysts for near term, large share price appreciation.” Currently his top picks for domestic is Delphi Energy (DEE) a gassy stock that’s got more than a few problems with big debt and as far as an international play, it’s Bow Valley Energy. Schachter’s reports are always interesting and well put together for easy reading. For those looking for a copy, e-mail Debbie at Debbie_lewis@canaccord.com. ANDINA MINERALS (V-ADM) $3.44 -0.02 We have talked about Andina Minerals here mainly because Andrew Kaip, the mining guy at Haywood Securities had it as one of his top three picks and we also talk to Andina President Carl Hansen from time to time as well. Now Canaccord analyst Steven Butler has started to cover this story and has come up with a very aggressive target today of $7.00. He writes, “Three simple reasons why we rate Andina Minerals a speculative buy.” 1. The shares are fundamentally undervalued (basic market capitalization values the current resource base at only US$54/oz which is well below our emerging junior average of US$87/oz; 2. There is excellent potential for significant resource expansion; and 3. We view the company as an attractive M&A target in the Maricunga district. He writes, “Our target price of $7.00 is based on an in situ multiple method, ascribing US$85/oz to a potential 4.24 million ounces expected by September 2007.” On the important part of “Investment Risks” he writes, “The principle risk associated with the Volcan project is its unknown metallurgical gold recovery factors, including reagent consumption and ultimate recoveries.” Detailed metallurgical work is expected to be completed later this year. One problem that Andina had over the past while is lack of analyst coverage on the story as the stock has mainly been held by institutions and has been getting very little retail coverage. This might go a way’s in changing that situation. For a copy of Butler’s report, e-mail Debbie at debbie_lewis@canaccord.com.