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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: RJA_ who wrote (80826)6/29/2008 7:32:07 PM
From: koan  Read Replies (1) | Respond to of 116555
 
I'll post it too you. Just my opinion, but I think I see a pretty good play??

I look and look and look at how many stocks trade each day looking for a play. Just habit. Pretty often one will stand out. That includes selling as well as buying.

For instance, when it was clear a worldwide economic slowdown was happening, and there was plenty of time to see it and act on it, I got rid of all my base metals stocks exept a few exploration stocks which can defy gravity-lol.



To: RJA_ who wrote (80826)6/30/2008 10:02:23 AM
From: koan  Read Replies (1) | Respond to of 116555
 
HRG wts (very speculative) on the toronto. My thinking is high oil will casue more inflation, which will cause gold to rise. HRG has gold and silver properties and production in Russia.

HRG has wts good that expire Nov 2010 with a strike at $4. the stock is about $1.62 righ now and I think any wts under .50 is undervalued.

It is a gamble, but HRG should follow god?

Good luck.



To: RJA_ who wrote (80826)7/3/2008 6:57:58 PM
From: koan  Read Replies (1) | Respond to of 116555
 
Thought you might find this intereesting:


Hank 2010 (a person I have come to greatly admire over the years of posting) wrote this on ride the tiger. I thought it was very good.

"That being said, we pose an important question: How viable is thermal coal in Saskatchewan?

Good question, and the answer to which most people (other than most of those who read this forum) to date do not seem to have grasped. The significance and viability of this 22 metre thick, flat-lying coal deposit is that it will be more economically viable when compared to thin-bedded deposits, or deposits lying under greater thicknesses of over-burden, or deposits that have been faulted-off, tilted, up-lifted etc. at whatever price. (and even if there is no coking coal, Red!)

I believe this will be the discovery of the year, and that most folks do not yet recognize it as such. Recognition often comes in waves. Those who follow the exploration plays hit it, the momo players jump on board, things slow down, people get off the merry go round, then as things progress people start to get back on and the big boys (companies, funds and big investors) start to notice and the real appreciation starts.

Next wave will be GXS drill results.

I also think this is an unique area play. Most orebodies are small. Most of the 80 million ounces of gold at Hemlo was contained in about 3 or 4 claims (160 acres?). This coal deposit will go on for miles (we already know it goes for at least 1 mile from GXS drilling, and appears to go 70 km to WER ground in that direction). There was lots of money made (and lost) in the shares of the many area players at Hemlo, but nobody else found an orebody other than the initial 3 groups (Lac, Noranda/Sceptre/Goliath, and Teck/Corona) who shared the main orebody.

This coal deposit is a whole different critter!