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Gold/Mining/Energy : Copper Fox -- Ignore unavailable to you. Want to Upgrade?

To: Theotokos who wrote (8828)	12/21/2014 8:33:03 PM
From: Hog Head	2 Recommendations Recommended By dsikorsk Theotokos Respond to of 10654

I think Teck would be part of my portfolio with a blank slate. The depressed price and continued commitment to a dividend (as yield reaches 7%!). For high risk - reward investment I am considering MIN (Excelsior). Digging deeper into in-situ solution mining, I did read the Excelsior story and it looks pretty good considering their current market cap. They have progressed all the way to Positive PFS stage, and have almost 4 billion lbs of copper. That they are trading at a market cap of only $30 million is intriguing to me, but also a big indicator of how bad the Venture is right now. If we are near bottom, there is a lot of upside. Without knowing what CUU plans to do going forward on spending it would be hard for me to put money there. I still think SC is worth way more than the dime or so that we are trading at, but they have too many projects in their craw and need to spit a few out. If they came out publicly with a plan and it makes sense to me - sure I think there is upside. If we spend ourselves dry its going to get ugly. That risk needs to be dealt with IMHO.

To: Theotokos who wrote (8828)	12/21/2014 8:55:33 PM
From: explorationguy	3 Recommendations Recommended By dsikorsk Gordy Sez Theotokos Read Replies (1) \| Respond to of 10654

Good questions. Had to re-think why I would buy more. I have been averaging down as I think Teck will file the EA in 2015 and that could be a liquidity event for some if their average is low enough. If this was just a copper play then we would be many years away but the gold must have been what drew Teck to SC. While the " buy when others are fearful" applies right now there's risk Teck won't reveal their plans soon. I think we will have our answer by the end of March. We will know by then if they booked any SC reserves, what type of work plan they intend for 2015 and maybe some indication where they intend to go with SC. Filing the EA maintains a schedule option and won't require a capital decision for a year, which gives time to see if the fundamentals have improved enough. That's my thinking anyways. I've spent too much time on CUU and not enough on developing other opportunities.

To: Theotokos who wrote (8828)	12/22/2014 1:58:06 AM
From: dsikorsk	2 Recommendations Recommended By Hog Head Theotokos Respond to of 10654

I threw some money at IVN just over a month ago instead of CUU. I figured I had dumped enough into CUU and needed to start diversifying instead of tossing even money at the same horse. I've also been watching MIN (Gunnison project) but haven't bought any but it also looks extremely undervalued for the reasons others have mentioned. I agree 100% that you should evaluate rebalancing your portfolio at the bottom. Since venture stocks can gain/lose 4-10x their value if not more you ideally want to get out of the 4 baggers and into the 10 baggers. The question is which ones are which?