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Let's see, Veteran (Vietnam era), Commercial Artist, picture framer, industrial engineer & corporate executive (once upon a time), small business owner and operator, Ayn Rand fan, Libertarian (and no, its not a synonym for "Republican" or "Conservative"), and history buff. Serious investor, I... More
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  • Rare Earth Elements Concentrator Nov. 2 thru ? 93 comments
    Nov 2, 2010 4:55 PM

    OK, somehow the first REE-Con. became full to overflowing.  Doubtless all my own fault, blogging to beat the band.

    Here's another brand new one, so we can continue the mission without constant annoying Script error messages or excessing site sloth!

    I'm adding this chart showing the past month's comparative performance of the various REE stocks we spend so much time discussing.  Notice that the two Greenland plays, Hudson Minerals and Greenland Minerals, are duking it out for top spot this month.

    I've added another stock which has been mentioned before over in the QC, Tasman Metals (OTC:TASXF), though it is not currently performing in the same class with the other REE stocks I am tracking.


    Disclosure: Long (OTC:GDLNF), (OTCPK:LYSCF), (OTCQX:HUDRF), (MCP), (OTCPK:MLLOF), (OTCPK:GWMGF), (OTCPK:DCHAF)

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  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » The last comment on REE-Con. Nov. 2 was by Joseph Shaefer:

     

    TB and all who commented after,

     

    To your points about electric and/or hybrid autos, here's a great article that points out the hypocrisy of our administration wanting to use same to "reduce dependence upon foreign oil" while enslaving us to foreign REEs! Ah, the joys of central planning without that messy old invisible hand interfering, eh, comrades?

     

    www.realclearscience.c/...
    2 Nov 2010, 04:59 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11190) | Send Message
     
    Joseph, TB: The link didn't work. (I was hoping to be led to another great science website!)
    2 Nov 2010, 05:28 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    Here ya' go!

     

    www.realclearscience.c...

     

    HardToLove
    2 Nov 2010, 05:32 PM Reply Like
  • Joseph L. Shaefer
    , contributor
    Comments (1690) | Send Message
     
    HTL, can you teach me to break the code of how to get the url's I cut and paste for others here to actually WORK? //grins//
    2 Nov 2010, 06:19 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    Joseph,

     

    I don't know anything special. But here's some things I've noticed.

     

    Some URLs include modifiers at the end like ?=xyz or other such constructs. This is usually when you've gotten to a place via following links or clicking a button, etc. For these, when I select, I avoid those "add ons" (but I'll open another tab sometimes and paste into that location bar to test first). Sometimes some of them are needed or don't hurt anything. I haven't tried to figure out which are which.

     

    I've noticed when I edit a comment, sometimes a url gets "garbled" (haven't tried to figure out a pattern), so I keep an eye open for that and re-paste if it gets messed up (that means I copy the link from the comment before I click the "edit" or I still have the url available in another tab or in the "clipboard".

     

    Another thing the SA software likes to do is turn anything in parentheses into a url to an SA item, so I keep an eye out for those too.

     

    Last is my "fav", the truncation of long strings. E.g. if "greater-than" had some more after, like "-expected-variance", it might "chop" it. So I try to work around that too. Maybe this "feature" is involved?

     

    All of these things have been brought to SAs attention in the past, but "no joy". Since other sites don't have such issues, we know it's in SAs software.

     

    I know none of this is really that helpful, but maybe one of these affected your url because your link ends at the "c" in the ".com" part while mine completes that and has a lot after that too. Hover over the links in your original and mine and look at the shown url (or cut and paste them) and you'll see that yours got cut off.

     

    I really think SA should fix these items, but ...

     

    HardToLove
    3 Nov 2010, 05:01 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    Aha! It wasn't your problem! It fails in the copy of the comment to the new instablog. Over in the prior REE concentrator, the url is just fine.

     

    So, when copying a comment into a new instablog, the url is trashed and care must be taken as follows.

     

    - copy and paste the comment
    - return to the original comment and right click the url(s) contained therein and select "copy location" or whatever your browser shows to copy the url
    - back in the new instablog, paste the just copied url over the one that was carried in with the original comment

     

    Another "feature" that SA needs to address. I don't recall ever reporting this one before. Has anyone else reported it? Is it worth reporting since so many of these little "glitches" have been around and reported and unfixed for so long?

     

    HardToLove
    3 Nov 2010, 05:45 AM Reply Like
  • Joseph L. Shaefer
    , contributor
    Comments (1690) | Send Message
     
    Thank you for both replies, Hard! Forewarned is forearmed. (Or is it, "We have met the enemy and they is us?")

     

    If that isn't worth a "thumbs-up" for assistance, camaraderie and the spirit we all come to SA for, I'm not sure where the bar is set!
    4 Nov 2010, 11:05 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    (LYSCF): I thought I had posted this already, but I can't find it.

     

    On the *weekly* chart, we are approaching a "golden cross" which is generally considered a bullish signal. The 50 and 200 day SMAs are only 1.5 pennies apart and due to the nature of how these are calculated it *appears* that they *must* cross within a couple of weeks even if price drops substantially in the interim.

     

    The reason I wanted to mention it is that if one works off a weekly-only chart, you should be alert to the possibility that a near-term trend, as shown on the daily chart, could head south at the same time the long-term trend shown by the weekly chart could still indicate a bullish trend and make the cross

     

    The upshot is that even if a near-term downtrend develops, folks with a longer view could still jump in and cause a bullish reversal on the daily chart, based on what they see on the weekly chart.

     

    So if you're trading the stock, just keep that in mind.

     

    HardToLove
    3 Nov 2010, 07:47 AM Reply Like
  • lower98th
    , contributor
    Comments (1411) | Send Message
     
    seekingalpha.com/insta...

     

    An SA instablog on niobium
    3 Nov 2010, 08:40 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » www.realclearscience.c...

     

    Took this link directly from the Real Clear Science site. Should work.

     

    I see HTL already took care of it. Sorry to be so late, but there was this little election going on, and when "the game's on" I become obsessed.
    3 Nov 2010, 09:13 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    Need some thoughts here.

     

    Reps tend to be a little more "pro military". Now that they have the house and must balance that stance with the domestic needs, I'm wondering about the potential effects on REEs.

     

    As we know, the high-tech push, as well as "green" initiatives the military has recently undertaken, should require some substantial REE consumption.

     

    I'm wondering about how this will play out over the next couple years.

     

    Any thoughts on that yet?

     

    HardToLove
    3 Nov 2010, 09:29 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » Yes. The current REE/strategic metals bill which just passed the House (and which will hopefully also pass the Lame Duck Senate, though that's hard to predict) would be the baseline.

     

    If that one fails (and it is a pretty good bill, though rather vague and unfocused, like MOST of the legislation originating in the Pelossi House), I would expect an even stronger measure to pop up early in the new Congress seated come January.

     

    So I would gauge the election results a qualified Plus for Ree investments. The history of our strategic stockpiles has been of Republican Congresses accumulating, and Democratic Congresses selling them off.
    3 Nov 2010, 09:57 AM Reply Like
  • doubleguns
    , contributor
    Comments (9410) | Send Message
     
    HTL, IMHO, Reps "pro military" and Dems "God is green" mantras should have both sides yelling rah, rah, REE.
    3 Nov 2010, 11:03 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    Well, if He is green, it's from gastrointestinal upset from the way everything gets radicalized into extremes rather than pursuing a comprehensive, fact-based joint effort at really identifying and solving true problems.

     

    Probbly has a *huge* bottle of Tums in is cabinet next to the Pepto-Bismol.

     

    Wondering what he's really spawned down here!

     

    HardToLove
    3 Nov 2010, 11:15 AM Reply Like
  • Mark Bern, CFA
    , contributor
    Comments (7079) | Send Message
     
    I haven't read the proposed bill yet, so I don't know what is included. But, I would suspect that the Reps eventually will back the building of a strategic reserve that would give them at least five years supply at peak usage level (assuming a prolonged war that cuts supply from China). The estimated 10 to 20 tons a year that is used for military purposes would be on the low side of what would be needed in a strategic reserve stockpile.

     

    Such a move would provide a good story line for REEs but probably not much real demand pressure on prices, IMHO. And, then again, I could be way off base to think our leaders could think of such a simple solution of preparedness. We did something along this line for oil at a huge cost. Why not do something similar for REEs for a small fraction of the cost?
    3 Nov 2010, 11:31 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    Might not require any cost? Tax deferments along with some kind of assured price related to some index or average or ... of spot or futures prices + a small % might be all it takes. Maybe a planned annual acquisition program that meets target by year 20xx and slowly reducing assurances thereafter?

     

    This provides "stability" a certain distance into the future, pays a reasonable price, allows the taxes to start coming due after profitability has been achieved, ...

     

    HardToLove
    3 Nov 2010, 11:40 AM Reply Like
  • Mayascribe
    , contributor
    Comments (11190) | Send Message
     
    Before gold spiked, a lot of gold mining outfits had hedges, or rather future prices locked in for yet to be mined and processed gold. I'm wondering if REE companies have considered this approach, in such a way to raise capital without further dilution.

     

    Given that REEs such as lanthanum have risen seven fold in short order, I would believe this scenario quite possible. I think Lynas already has some standing contracts, but I'm not sure if the pre-mined REE pricing is fixed. Nor do I have any idea if these contracts are pre-paid, or not.
    3 Nov 2010, 11:58 AM Reply Like
  • Mark Bern, CFA
    , contributor
    Comments (7079) | Send Message
     
    I may be risking sounding too American with this, but couldn't we (our government) make a deal to get as much of the needed REEs from a U.S. source? I know MCP doesn't have all of the REEs needed, especially heavies, but at least a contract with an American supplier to supply what it can would seem like a strategic fit. Then contracts with miners in probable ally countries to furnish the rest would also seem strategic, IMO. Maybe Canada, Australia and S Africa companies could fill in the remainder that MCP doesn't have. Contracts of such strategic importance, even small ones, could lend a great deal of credibility to the companies that would enable them to raise financing more easily and get the infrastructure built with fewer hang ups. That would seem a strategic move on our part, enabling an industry that we need to take root and reach the production stage.
    3 Nov 2010, 12:03 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11190) | Send Message
     
    Dang, Mark! Same idea, different angles, simultaneously. Ergo...must be a good idea!
    3 Nov 2010, 12:08 PM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10491) | Send Message
     
    In that case it's a certainty that it won't be implemented. I can hear the conversation now. Pardon me sir but so and so's idea is much dumber than yours. Chairman: Excellent observation. Let's execute that at once.
    4 Nov 2010, 10:37 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    (LYSCF): Took some profits today as it had reducing volume over the last three days as it moved up.

     

    HardToLove
    3 Nov 2010, 04:03 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » It looks like the REE situation is starting to settle down a bit. (MCP) was down slightly, about 1.78%, and is now trading in a rough channel between $34 and $32. I do NOT expect this behavior to last, though it might keep going through the next G20 summit.

     

    I am expecting REE business to be a bone of contention at the G20, as China faces off against the Japanese and Americans. The recent effort to head this off at last week's SE Asian diplomatic summit between the various foreign ministers failed, almost catastrophically. Only some creative headlines by the lamestream media prevented the true depth of the chasm dividing the positions of the Japanese and the Chinese from being revealed. Fireworks between Sec. State Clinton and the Chinese also erupted. None of this bodes well for the G20, despite the strenuous efforts of the western lamestream media to lay down a calming smoke screen.

     

    The next meeting can go 1 of 3 directions:

     

    1. Talks are indeed "poisoned" (as China indicated last week), and they just ignore the objections of their erstwhile REE customers in the West and Japan. 28% of what was shipped last year will be all they'll allow, and that's that.

     

    2. Delaying becomes the method of choice, with secondary talks and more diplomatic efforts to be mounted subsequent to the G20. This would allow the collusion of the media to puff out more narcotic mist to quell the markets.

     

    3. China drops their plan to force the West to turn all their high tech manufacuting (and the technological secrets that go with it) over to them. They open up the REE export quota spigots as if all the reductions have never happened, and all is forgiven.

     

    I view the odds of the 3 alternatives thus:

     

    1. 60%
    2. 40%
    3. No way, jose.
    3 Nov 2010, 04:37 PM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10491) | Send Message
     
    TB: Greetings. The second option may be more attractive than you think as it allows for more wheeling and dealing behind the scenes as well as a modicum of opaqueness.
    4 Nov 2010, 10:41 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » I agree, in a way...

     

    Option #2 will be combined with #1 by the subtle Chinese. #2 becomes the camouflage behind which #1 is executed. WTO cover. The eurojudges will eat up the "...we are halting REE shipments outside the country while we repair the damage to mother earth..." nonsense.

     

    This thing is on rails. Its just a matter of how fast they want to drive the choo-choo.
    4 Nov 2010, 10:53 AM Reply Like
  • Mayascribe
    , contributor
    Comments (11190) | Send Message
     
    Canada's refusing Taseko's (TGB) permits for an open pit mine has me a little concerned; this could be bad news for Canada-based REE mines. REEs for green technology is a very dirty, environmentally foul business.
    3 Nov 2010, 05:20 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » As with most mines, its often not the mining that causes the pollution, but the chemicals used to concentrate and process the minerals. This is true of the arsenic methods used in gold leaching fields, with aluminum processing, and similar to what occurs with REEs.

     

    Canada's standards for mines are very tight, but logical, but the bureaucracy MANAGING those regulations is, just as in the US, very hostile to the same industry they regulate. This was not always the case in Canada, nor is it evenly distributed (it varies from province to province, and from election to election).

     

    The trend toward there being NO mining or industrial activity (or, god help us, mechanized farming) ALLOWED in the so-called first world nations is very alarming, at best.

     

    Its also why I have begun departing my mining investments centered on the US and Canada. Frankly, I am none too happy at the prospects for South Afrika, Australia and Brazil, either.

     

    The ludites are prone to wreck the machines. Its a very old problem, working on a brand new stage.
    3 Nov 2010, 05:32 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » Morning REE update:

     

    Things are returning to normal, ie, volatile.

     

    (MCP) is up 3.87%, back over $35, so that channel we were seeing for a few days is either bumped upwards (in which case the new channel might lie roughly between $36 and $34). Or we could see a breakout back to $40 or more. Or back to $32 support. MUCH depends on what news flows from MCP as to their plans and actions. Anticipation is beginning to wear out...

     

    (LYSCF.PK) is down about 3%, with the trend toward a plateau in price (at the moment). This one is DEFINITELY awaiting good news from their two building efforts with their patented (might help with a lot of the environmental issues) concentrator under construction at Mt. Weld, and of course their facility in Malaysia (which last word has going well, but then, it had BETTER go well).

     

    (GWMGF.PK) is up almost 3%, and solidly above $.40 again. I still view this story as being all about seeking a pair of deep pockets to finish the work they have started. If NOT, then where are all the South Afrikan miners busily digging like mad at their new mine?

     

    (REE) is up 4.24%, again, and is gyrating around $10/share still. More short action than a munchkin reunion.

     

    (HUDRF.PK) is up 3.95%, and has, oddly enough, been one of the more stable stories through the recent tumult.

     

    (MLLOF.PK) is flat, as profit taking has about exhausted itself around the $.45 support.

     

    (ARAFF.PK) has also seen a bit of profit taking, after a strong run, and is down 1.49%.

     

    (DCHAF.PK) is up 3.09%, as fans of physical holdings start to become familiar with its unusual business plan.

     

    REE news this morning is intersting, as China starts to expand export quotas to more minerals and metals:

     

    blogs.wsj.com/chinarea.../

     

    Mention is made of the cuts in quotas for 2010 (there were cuts in quotas in 2009 too, btw), and also some mention that there WILL be further cuts in 2011 in REEs, though this comment lacked details.

     

    This article takes pain to put the best face possible on the REE supply issue, as most such articles have recently. It mentions that there was a "40% cut" in shipments of REEs in 2010, which is true, but that is because the reductions in quota levels were 72%! The earlier, looser qoutas (which of course averaged for a 40% cut with the new, harsher quotas) are history. In 2011, they are STARTING at a level 72% lower than the already reduced (from 2009) 2010 quotas. If, as the article mentions, FURTHER reductions of "3 to 10%" in 2011 quotas occur, the net difference between the 2009 base line and 2011 supplies will be a shortfall of about 75%!

     

    Period.
    4 Nov 2010, 11:14 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » REE Breakout underway?

     

    The morning's volatility is now settling into a familiar upward pattern. (MCP) is leading the way, up 6.34%, squashing shorts left and right. (REE) is following in MolyCorp's wake, pulled along by the market's undertow, still up 4.24% [this stock is not one I own or support, but its a part of the REE space, like it or not...]

     

    (GWMGF.PK) has improved to a 3.52% gain on the day, trending upward. (MLLOF.PK) has abandoned its flat wandering of the morning, and resumed its steep (normal for it) volatility pattern, now up 7.27%. (DCHAF.PK) is up 6.89%, showing strength from within the shelter of the REE pack. I believe this stock will one day depart from the general REE junior pattern, and come to more closely resemble (SLW) or one of the dedicated gold factors, but for now...

     

    (HUDRF.PK) gets the nod as the achiever of the day, up 9.23% and climbing.

     

    (LYSCF.PK) continues in its down 3% mode. I may have to start spending a lot of time lurking on the ASX site to monitor this stock, its obviously involved in some transactional events there that are divorced from the greater REE market.

     

    (ARAFF.PK) has improved to a flat trading range, and if they emulate (MLLOF.PK), might soon show signs of upward mobility again.
    4 Nov 2010, 12:09 PM Reply Like
  • Joseph L. Shaefer
    , contributor
    Comments (1690) | Send Message
     
    "More short action than a munchkin reunion." Nice turn of phrase, TB. And of course the munchkins (retail investors) are not able to short it. Three different brokerage custodians we use claim there is no stock available (except of course at the home of the giant dinosaurs, er, primary trading houses, where they can short all they want.) My plan was to hedge by shorting the one at 10 bucks + with 2 employees and a history of penny stock scams and going long a number of honest outfits trying to become 10 buck stocks on the value of their actual holdings and prospects...
    4 Nov 2010, 12:39 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » www.marketwire.com/pre...

     

    No real news, but a good overview of the Great Western (GWMGF.PK) narrative.
    4 Nov 2010, 12:59 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » LOL, just realized I left Greenland Minerals (GDLNF.PK) out of the update this morning. So...

     

    (GDLNF.PK) is up 17.86%, and hovering just below $1 per share.
    4 Nov 2010, 01:19 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » (LYSCF.PK) and (ARAFF.PK) have both lagged the field badly today, and its apparent that hot money which had been invested there is migrating, jumping onto the momentum shown by the fast movers today. This is to be expected in such a small but fiercely focused sector as REE's.

     

    I believe we are liable to see this pattern repeat on active days, with the early gainers picking up momentum from investors jumping from other REE stocks to ride the wave. This is readily apparent in this case because there are so few stocks involved.
    4 Nov 2010, 01:32 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11190) | Send Message
     
    Lynas still may be suffering from the Jamie Dimon's/JP Morgan's downgrade (while they accumulate).
    4 Nov 2010, 02:29 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » Just a note that I added a chart to the top of this blog showing this month's activity to date. Fascinating turn of events.
    4 Nov 2010, 03:36 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    That chart is great! Periodic updates planned?

     

    HardToLove
    4 Nov 2010, 03:49 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » Yep. One of the reasons I started these instas.
    4 Nov 2010, 03:55 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » seekingalpha.com/artic...

     

    Best and most uptodate article on the REE picture I have yet seen.

     

    I have a few quibbles, but this is SUCH a good article, I'll not voice them. When you encounter naysayers, just point them at this article, and instruct them to read it and then see where logic takes them.
    4 Nov 2010, 03:56 PM Reply Like
  • lower98th
    , contributor
    Comments (1411) | Send Message
     
    Wow. Worth a re-read or two.
    4 Nov 2010, 05:04 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » Yes. I have in my haphazard way covered most of his fine points over the past year, but he has really done a great job condensing the current situation into a nutshell.

     

    SA unfortunately also contains a lot MORE articles which are nowhere near as good (or even "good" at all) on the REE topic.

     

    In a way, its something to be glad - this lack of sound data on REEs - because that keeps extending the time for smart investors to get in before the herd arrives...

     

    I guess this sort of thing occurs in more mature markets, say in the case of such commodities as oil, or gold, as well.
    4 Nov 2010, 05:14 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    That was a great article. I bookmarked it for future reference.

     

    HardToLove
    4 Nov 2010, 05:26 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    Thanks to you, and all, I made a profit on my first move in/out (Maya's PT) of (LYSCF). If I read the charts right, and now unexpected news suddenly surfaces, I'm currently expecting some re-entry points in the $2.36 - $2.40 range, depending on which gaps and prior support or resistance you think will be most significant.

     

    I'm trying to come up with a way to identify when that "rotation" from one REE miner to another occurs so I can have a better chance of hitting it in a timely fashion.

     

    HardToLove
    4 Nov 2010, 05:31 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » All the experience I've gained from the limited time in which I've been seeing this sort of behavior leads me to expect signs early in the trading day. With several of the leading roles with home markets in Australia (LYSCF.PK) and (GDLNF.PK) the offset between what goes on there and here with the pink sheets might present some analytical clues.

     

    (REE) is useless for this purpose, imo, so I would not spend a lot of time analysing them. Its just not a good company, and I distrust the idea of using its history or market behavior as a leading indicator for the rest of the sector.

     

    (MCP) often leads, while (GWMGF.PK) has been the stodgy but dependable mid-performer. The bulk of the stocks follow them, or sometimes (LYSCF.PK), at least back before it was hammered by JPM.

     

    2 outfliers that should be kept on the radar screen but are perhaps most valuable for their contrarian behavior is (MLLOF.PK) and (HUDRF.PK). Up until about 2 weeks back, Medallion had a way of running against the tide, up on down days, but has now drawn back on what I have interpreted to be aggressive profit taking after a major move up. Hudson seemed to immediately take over that contrarian position, showing strength at points when few other REE stocks were strong.

     

    HTL, you might spend some time charting (MCP) to start. I suspect they will remain the "bull of the herd" for a while, at least until we get the expected good news from Lynas.

     

    With Great Western apparently sleep walking through all this, I believe that the leadership role will eventually fall to Lynas, who may yet be the first to complete the complete 3 part, vertically intergrated production set. MolyCorp COULD step up to challenge if they purchase Great Western, and particularly if their efforts to restart their mine gain traction. Unfortunately, I believe they, too, are just marking time right now waiting on the Senate to take up the RESTART strategic materials bill.

     

    NONE of these companies except Lynas have really shown the spunk to go after China's REE monopoly WITHOUT major government backing of their own, and I can understand why. Trying to compete with a major nation state masquerading as various corporations is a forbidding prospect.
    5 Nov 2010, 12:46 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » OK, working with your thesis HTL, this morning we can see that both of the Aussie REE's we are tracking are up strongly from AH action last night (at least, that's what my account record is telling me, frankly, I usually discount these numbers).

     

    (LYSCF.PK) is up 1.44%, and (GDLNF.PK) is up a whopping 8.47%. This is as compared to their close yesterday.

     

    IF the concept of concentration following momentum and running from the weak to the strong stocks does occur today, we can expect that maybe these two will be the recipients of some of that effect.

     

    It might take some study to spot this IF we have another day where ALL the REE stocks run up, of course. (We should be so lucky).
    5 Nov 2010, 08:50 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    I'm going to open up a watch list and chart combo for the REE's we look at and see what we can discover over a little time.

     

    HardToLove
    5 Nov 2010, 08:59 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    Right *now*, (LYSCF) bid/ask $1.33/$1.37. This would put it back in my buy back in range if it holds at the open and chart looks otherwise positive. Closed $1.43 yesterday.

     

    (GDLNF) $0.97/$0.99 right now, flat from yesterday.

     

    HardToLove
    5 Nov 2010, 09:08 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » Good idea, HTL. And thanks.

     

    I need to spend a little time puttering around ASX to see what is happening there with Lynas. I suspect they are seeing their share of short action down under, and I'm wondering too if there might not be some movement within the new Australian government toward including REEs in the new 20% mine tax which has been leveled on most mines in Australia.

     

    The other political risk in Australia comes from their version of the Cap and Tax (which is completely seperate and on TOP of their mine tax), which is also being formulated and expected to pass quickly. Either one is worrisome, and of course those companies who will have to shoulder BOTH burdens are in for some real pain.

     

    Lynas is gambling that their new, patented, and suppossedly very "green" concentration technology will make a lot of difference, but that just makes the process (and the stock) a more risky investment than otherwise.

     

    Working as we are here with the "pink wall" blocking much of the needed information, its easy to lose sight of the real world back in Australia.
    5 Nov 2010, 09:08 AM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10491) | Send Message
     
    Jack, Lifton's comment was salient as well. He is a REE and general mining guy whom I respect a lot.
    4 Nov 2010, 05:32 PM Reply Like
  • Mark Bern, CFA
    , contributor
    Comments (7079) | Send Message
     
    TB - That really was a good article. So, that raises a question: Do you follow UCore? I don't recall much discussion about the company and it seems that this author, while he understands well the REE situation, is a heavy investor in UCore and a major supporter publicly. Naturally, if he owns it he will be publicly supportive. But his logic seems solid on the surface. His assessments make sense regarding infrastructure in place that should enable the process of getting the mines up and running.

     

    The other thing that I like, without getting into the details, is that it is located in Alaska. If there are going to be subsidies available to the REE industry, Alaska will likely be top of the list as they usually get good treatment by Washington. I recall the air transport contracts that the Postal Service had to use because of federal mandates; they were outrageous! I realize that some of the excess was for the added risk but the pricing assumed aircraft loss on a regular basis (which didn't happen).
    4 Nov 2010, 05:32 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » If you chart compare (UURAF.PK) against the group I have been charting, it falls way down the page. When I first started investing in REEs, I was more interested in American investments (being the patriotic sort) and I found both MolyCorp (at the time a private company before its IPO) and Ucore. Neither was actionable at the time.

     

    Ucore is now a penny stock selling at $.50, but underperforming the field. For one thing it is a long way from being a mine, and is simply an exploration venture. Its remote location puts it just as far (if not further) from the primary industrial centers of North America as the similar Candian deposits. One of the few errors made by the author in his excellent article is his reference to UCore's deposit in "AL" (Alabama). This is a typo - the deposit is located in Alaska, as you mention, Mark.

     

    I agree, Ucore IS likley to receive subsidies, but as the author himself mentions, it is equally likely that much of the stockpile expenditures will go to WHOEVER will sell them the goods, soonest and cheapest. This is, imo, unlikely to be (UURAF.PK).

     

    If, as almost happened last in 2008 when GS and MolyCorp made a lowball play to acquire Great Western, we see another series of more serious M&A activity, I would expect that UCore might be swallowed up. I would also not be surprised to see GWM eaten by MCP, which would yield a strong, vertically intergrated entity with plenty of HREE assets plus 2 productive mines already dug and developed (though neither one open at the moment). With (MCP) an "American" corporation, the subsidies could roll in, regardless where they assets were being exploited (our government has a long and familiar history working with multinationals in this fashion). Perhaps UCore would also be part of the mix, though I suspect only somewhere further downstream.

     

    Anyway, the strategic need is for "North American" sources, rather than specifically "American" sources. This is no hit on UCore, I would lump it in with a number of such exploration REE juniors. But my opinion is that the primary winners in the rush to HREEs will be those who, like (MLLOF.PK), have located them in areas where the government is mining friendly (unlike the United States, where it is yet a lot worse than most provinces in Canada, not to mention national laws that overrule everything). Medallion is one of several small Canadian startups mapping extensive HREE deposits that are amenable to the checklist I would use for comparison:

     

    1. Mining friendly local, provinceial and national laws
    2. Close to established infrastructure
    3. Shallow deposits which can be quickly exposed and exploited with open pit mining techniques

     

    Now, that last is something I learned from studying (MLLOF.PK), and its CEO. He has chosen 2 projects where the deposits meet these requirements, and for an important reason: REE demand is going to peak EARLY, and SOON. Speed is of the essence, and discovering great deposits in remote locations - or in government jurisdictions which MIGHT have a more mining-friendly turn in 2 or 3 years - or where hard rock mining underground will be required to gain access... Well, it just might all the difference.

     

    There are a LOT of different REE plays out there. I will be happy to include any that the group wants to examine. I added (ARAFF.PK) recently when OG mentioned it - and frankly, it is showing real promise.
    4 Nov 2010, 05:58 PM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10491) | Send Message
     
    Ucor (UURAF) looks like it could be a winner with help, time and patience. Revett Minerals (RVMIF.PK) looks to be up and coming. I really don't have any silver/copper miners at the moment and may buy some of this tommorow aftewr my union meeting.
    investing.businessweek...
    4 Nov 2010, 05:54 PM Reply Like
  • Mark Bern, CFA
    , contributor
    Comments (7079) | Send Message
     
    TB - Thanks for that information about UURAF and the requirments. I knew (from your earlier posts) about the excellent choices made by Medallion.

     

    I also agree that there is likely to be a relatively short window which holds the greatest opportunity for the REEs that will succeed. My reasoning is that once enough supply has entered the market to meed demand the prices will stabilize or even begin to drop and make additional investment in new capacity unprofitable. We are talking about years, not months, IMHO, but the number of years are not likely to be very many. This is very much a first to market advantage situation where late comers may as well stay home. If too much supply comes to market, then the prices will drop and make everyone a loser (not unlikely to happen at some point), after which (I hope) consolidation will stabilize the sector and prices will again rise to levels that provide a reasonable profit for those already actively mining but not high enough to justify the huge investment required to start mining a new deposit from scratch. This will play into the hands of those surviving few that had the foresight to be consolidators when things turn down. They will own the operating mines along with some reserves that have already been brought into operation and have the infrastructure and site development either completed or somewhere in process. Reopening a mine or finishing out one already in advanced stages of completion will be far less capital intensive. Hopefully they will consolidate at prices equal to a fraction of the investments already made and be sitting pretty for decades to come.

     

    So now you see how I think this roller coaster will play out. I've just started my positions over the last week having decided not to get too greedy. But I may not add much more unless we get another pull back. MLLOF is one of my favorites, as are MCP, LYSCF, and HUDRF. I'm still considering ARAFF, GWMGF AND GDLNF. I think that holding a good mix will limit the risk of ending up with all losers. I think that out of the group that you are following, there are likely to be several winners. It's hard to try to pick any one much over the others because the dynamics of this industry are still very young and evolving. One or more may get by shot out of the water by any number of unforseen reasons, so I like the diversification of the group.
    4 Nov 2010, 09:14 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11190) | Send Message
     
    Sheesh, Mark. Grab your nose and get in on the action. As I've repeatedly stated over in Chat, we're in a one time in a lifetime event. The FED is the market's friend (adding how preposterous as it seems).

     

    We're seemingly in a V-shaped recovery. I though, much to my angst, chagrin and what not, once thought that we are in a square root recovery. I'm one who has touted that no longer is the US economy relevant. We're in a global surge of unprecedented proportion. We're in an economic clime where hundreds of millions of people world wide are gaining middle class status, EVERY YEAR. And the upper class, the whales, worldwide are experiencing supernova explosive state right now. Hand over fist is money being made right now.

     

    I could list off the top of my head 100's of stocks that have doubled, tripled, quadrupled. It's not over yet.

     

    For me, is to figure out what makes sense, and in my mind, the markets are going to continue to rise, likely for years to come. Hell of a lot more money globally than just two years ago. Way more!

     

    I fretted about getting back in full tilt. But as long as I'm near my puter, as long as I have access, I asked myself a while back, why not participate in this recovery? Why not lay it all out? Why not take some chances?

     

    Does anyone here think that within the next six months the stock market is going to tank? Other, of course that some kind of 9/11 event occurs? No way.

     

    Don Ingram wrote a bearish article the other day, stats, this and that. I wanted to rip him up. But, I've too much respect for him to do so.

     

    As we climb the wall of worry, we get 5, 10, 15, 20% higher. Stocks suggested in Chat have grown 50-70%, and some far more in less than a half year. I own some of these. Guess what, they'll continue to grow, given the recent, hell, this weeks developments...?

     

    Energy stocks. Commodity stocks. Gold. Silver. Palladium. Uranium. Hospital REITS. Cotton. Copper. Banks. Corn. Of course REEs, and battery stocks are going ballistic.

     

    There's a parade in town. I recommend you join it. At least a little bit, my good friend.
    5 Nov 2010, 12:02 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » My most senior REE holding is, of course, (GWMGF.PK). After that I bought (HUDRF.PK) immediately followed by (GDLNF.PK). Then I added (LYSCF.PK) and then (MCP), although NOT immediately after its IPO, but after it had dropped in value.

     

    (MLLOF.PK) was my last junior miner to be added to my portfolio, plus my most recent buy, an initial position in (DCHAF.PK).

     

    I am still considering (ARAFF.PK), which I believe has now stabilized in price and is a good bet. (UURAF.PK) might also be a good hedge, against government intervention distorting the markets, if nothing else. Both of these penny stocks I would consider tertiary investments, however.

     

    I also considered but have now rejected the new etf, (REMX), because it is so watered down with strategic metals and placeholders.

     

    Eventually I will winnow down my holdings - or have them whittled down for me by events as mergers and acquisitions consolidate the weak field.

     

    I obviously agree with a shotgun approach, Mark. The variables are so difficult to pin down, and the sector so very young, its really the best approach.
    4 Nov 2010, 10:22 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    (LYSCF): Next gap $1.22 - $1.25 - looks like might get there.

     

    HardToLove
    5 Nov 2010, 09:34 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    (LYSCF): Change of estimate - appears to be *strong* support at $1.28, based on displayed (total sizes can be hidden, of course) bid/ask volumes.

     

    HardToLove
    5 Nov 2010, 09:41 AM Reply Like
  • Mayascribe
    , contributor
    Comments (11190) | Send Message
     
    Good call, Hard. LYSCF bounced right off $1.28.
    5 Nov 2010, 09:48 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » (MCP) is already up $1 this morning, so it would appear to be leading for now!

     

    (LYSCF.PK) Lynas could go either way. As you will find after tracking them for a while, their behavior over the past few months has been pretty unpredictable. Just working from instinct here, I'm thinking we will see an up day for them, say 4%. Wild guess.
    5 Nov 2010, 09:41 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » HTL: I see the gap you are talking about, and if the msm manages to bury the facts about the Chinese REE quotas until January (when presumably some reality will start shining through the bs fog), Lynas could well hit that.
    5 Nov 2010, 09:42 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » Well, Lynas already hit $1.28, HTL, so if its going to bounce from there, we'll soon know!
    5 Nov 2010, 09:50 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    (LYSCF): Conviction? Bought 2K @ $1.30, figuring downside is where we mentioned earlier and upside is much more. Will have tight trailing stops.

     

    Trades have many more larger volumes at the offer and smaller at the bid right now.

     

    HardToLove
    5 Nov 2010, 09:57 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » I believe you definitely hit the bottom dead on this morning, HTL. Whether my prediction of a net 4% upside remains to be seen...

     

    But I really do see signs of a teeter-totter situation with this stock (and probably (MCP) and (MLLOF.PK) as well). Two diametrically opposed groups: One that has swalled the MSM agitprop hook, line and sinker - and the other that knows better.

     

    I honestly believe that time will be our friend, but in the mean time, LOTS of rollecoaster rides.
    5 Nov 2010, 10:03 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    ((MCP): Thia A.M., I missed it. Might be why it's down? Probably a fixed price for the first few years, with limited adjustments allowed. Folks who think prices will skyrocket, and were making a purely speculative trade rather than an investment, are probably driving price right now.

     

    But we know "this too will pass".

     

    Molycorp Signs Rare Earth Sales Contracts with W. R. Grace & Co

     

    www.businesswire.com/n....

     

    5 year contract, with a 3 year option to Grace.

     

    "... agreed to supply Grace with a significant amount of its current Mountain Pass rare earth production through mid-2012. Under the second contract, subject to the completion of Molycorp’s new, state-of-the-art production facility at Mountain Pass, which is expected to occur by the end of 2012, Molycorp has agreed to supply over 75 percent of its lanthanum production per year to Grace through the end of the agreement."

     

    HardToLove
    5 Nov 2010, 11:47 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » Smart operators all over the planet are signing deals like this. Lynas has at least two all wrapped up with the Japanese for outtake from their Malaysian facility in a similar time-frame.

     

    As I've been saying, (MCP) is prone to move in a channel, then jump a slot (up OR down) and resume the movement. This is different from their earlier pattern, which was a simple elevator ride punctuated by profit taking by the large venture capital holdings that brought them to market as they cashed out portions of their investment at predictable points (the same one, actually).
    5 Nov 2010, 12:14 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11190) | Send Message
     
    SA contributor, Alex B. Grey, authored this REE article today. I invited him to join in the fun here.

     

    seekingalpha.com/artic...
    5 Nov 2010, 12:13 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    (LYSCF): error or intention? 11:45:46 a block trade for 250K shares @ $1.4511 was executed. Trades around it were $1.29/$1.30.

     

    An interesting side note is that at the open, a total of 220.6K shares traded in a range of $1.30-$1.32, 40K @ $1.30, the rest were typical trades of <= 2K shares scattered in the range.

     

    Conclusion: either some whale knows something or some whale has *really* fat fingers (temporarily at least).

     

    HardToLove
    5 Nov 2010, 12:24 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » Hmmm, jumbo size block trade at a price well above the going rate...

     

    Sounds like a dark pool deal between big fish to me.

     

    Truly, an indicator of where the pricing probably "should be" right now.

     

    This is a surreal situation.
    5 Nov 2010, 12:31 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11190) | Send Message
     
    Interesting. My Level II doesn't go back that far in time (only keeps track of the past hour for the pinks). But, on the intraday chart I see the spike, both in price and volume. Wondering if this order was put in at market price, and someone out there was dangling a quarter million shares. Happens all the time, but not with this kind of volume.

     

    I'd be incensed if that happen to me. At 15 cents per share, that's a $375.000.00 goof!
    5 Nov 2010, 01:03 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    I use the "Time & Sales" panel on Power ETrade Pro and select Historical, Trades Only to check for that. I can also limit the time start and stop. That helps a lot.

     

    Normally by the time I think to look, it's scrolled off the Market Depth chart.

     

    HardToLove
    5 Nov 2010, 01:09 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » Maya: You need to knock a zero off that figure, but still, its a lot of money.

     

    But NOT if you are accumulating big chunks for a purpose.

     

    The ADR's have always been a back door into companies.

     

    I wonder if the buyer's home address is Beijing?
    5 Nov 2010, 01:13 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    <= 2K shares

     

    should have said

     

    <=20K shares

     

    although most were much smaller.

     

    OOPS!

     

    I'm glad I wasn't the one placing that big order!

     

    HardToLove
    5 Nov 2010, 01:20 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11190) | Send Message
     
    TB: I'll up HTL's opps! with a double oops! Still not chump change.

     

    Good luck and great sales on your trip!
    5 Nov 2010, 01:39 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    "How China's Rare Earth Embargo Impacts High Tech Companies"

     

    seekingalpha.com/artic...

     

    Discusses some of the elements and their industrial use and possible substitutions and companies affected.

     

    HardToLove
    6 Nov 2010, 02:15 PM Reply Like
  • jimp
    , contributor
    Comments (702) | Send Message
     
    How do you guys like Matamec explorations inc. (MTCEF) or (MAT.V) ? John Kaiser of Bottom Fish is keeping an eye on this fairly unknown junior miner.

     

    Nice Blog!

     

    Long: LYSCF,QSURD,AVARF,TASX...
    7 Nov 2010, 05:46 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » I looked it over a few months back. Hard to trade via the pink sheets, little volume.

     

    Welcome to the insta, Jimp!
    8 Nov 2010, 10:41 AM Reply Like
  • optionsgirl
    , contributor
    Comments (5167) | Send Message
     
    Rees in the news today:
    South Korea has a big strike but it is all state owned and operated:
    www.cnbc.com/id/400633...

     

    The G20 meeting today has rees as a big topic, too.
    8 Nov 2010, 09:55 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » I expect we will hear something vague and reassuring from the G20 meeting...

     

    Also an outright lie, if only via "a sin of omission".

     

    Plus a promise to keep talking and studying the problem.

     

    Since there IS no immediate solution, that's logical.

     

    Loading up on (LYSCF.PK), buying opp.

     

    Adding (MLLOF.PK) as well.
    8 Nov 2010, 10:46 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » seekingalpha.com/insta...

     

    Just posted to this MCP thread.
    8 Nov 2010, 01:46 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    O.G got this over in the Flu concentrartor.

     

    Great Panther's newest release is here, and it is very good news:
    www.greatpanther.com/s...

     

    HardToLove
    8 Nov 2010, 02:19 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    (LYSCF): If I got the charts right, going down more. S/b another potential support ~$1.12, then $1.00. Price dropping on rising volume lends credence that it will drop more.

     

    I'll be adding when I see it reverse.

     

    HardToLove
    8 Nov 2010, 02:44 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » You might be right HTL, but I added more at $1.16, and I'm thinking we will be seeing a slight pickup during the last hour as some larger blocks move in to catch the low price. Could end a bit higher...

     

    But if it drops another 15 cents tomorrow, I'll add more.
    8 Nov 2010, 03:20 PM Reply Like
  • Mark Bern, CFA
    , contributor
    Comments (7079) | Send Message
     
    I added some (LYSCF .PK) today to my initial purchase if last week. Just trying to methodically lower my cost basis. I'll buy some more if it drops that much also. Less than 10 cents drop probably won't get my interest, though. I'd like to it down around $1 before I add any more.
    8 Nov 2010, 04:40 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    (LYSCF): I broke my pattern and did what I should when the charts look like they do right now. I got out and limited my loss. Might be the first time ever!

     

    Now we'll see if my new-found confidence in being able to read the chart correctly in this topsy-turvy environment is justified.

     

    I expect to see $1.12 as a potential first inflection point and then $1.00 as a potential second. If it gets one of these and shows early signs of reversing, I'm back in.

     

    If it turns tomorrow, I'll have to watch the intra-day action and "read the tea leaves" again and decide what to do.

     

    One mistake I made was jumping into it after one success without checking the charts again! Right after I bought back in I noticed "Hm, them charts don't look so good to me". But I thought, "Let 'er ride". Bad HTL, bad!

     

    But it is only a small loss and the reminder justifies the cost (at least that is how I am consoling myself for such a dumb mistake).

     

    HardToLove
    8 Nov 2010, 04:51 PM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10491) | Send Message
     
    H.T.Love: Greetings. Don't feel too bad I doubt that there is one among us who has never sustained losses. I'm looking to add as well but may not get there for a few days. That being said I could have been in (GDLNF) at $0.51-52 but held out for 0.5 and missed the move completly.
    8 Nov 2010, 05:16 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » Yep, been there, done that (though not on GDLNF, got in very cheap on that one). Now I try to figure out a zone and a price where something looks "cheap" to me, then average into it in phases (maybe 25% of what I want to end up owning each phase).
    8 Nov 2010, 05:27 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    I done that miss thing too! Back when One Eya and Freya brought NATUF up, I held out for an attractive price. It got there, but I must've been last in line and my order didn't execute.

     

    After some weeks of waiting for it to come back, gave up and stopped watching for it. Well, it came back and I missed it.

     

    This started when it was ~$0.19 IIRC.

     

    So a lesson learned: either go ahead and get in or *at least* don't stop watching it!

     

    HardToLove
    8 Nov 2010, 05:35 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » I'm still buying (NATUF.PK), HTL. My target on that stock is $.49 right now, though I haven't checked the Tungsten market sitrep since 2 weeks back.

     

    I wish the new "REE" (strategic metals) ETF would add North American Tung. to their list, that might give it even more of a boost.

     

    Right now the deal with the "other" strategic metals is THERE, and politically sensative for the first time in over 20 years (strange what a little, bitty trade embargo will do).

     

    The situation with Titanium is also interesting. (TIE) is still on my watch list... And they are in the new ETF.

     

    About now I had thought to be spending time looking for good copper and base metal plays, maybe get more (GNI) for high yield and iron ore, but the silver and REE situation has just been too wild.
    8 Nov 2010, 05:42 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    Copper? What about an ETF like JJC?

     

    Or Chile's ETF, ECH? Had a wonderful run and looks like it might retrace a bit. But long-term I suspect it returns to trend.

     

    HardToLove
    8 Nov 2010, 05:55 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11190) | Send Message
     
    Hard: What I do is go ahead and put a few shares on the trading board. That way, later on, when I get to see some stock up 50, 80% and I never added, I get to gravel and self flagellate and fool myself into drinking a beer; like that helps!
    8 Nov 2010, 05:42 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19253) | Send Message
     
    LoL! It took me a lot of years, but I no longer self-flagellate. I just swear a bit, curse my idiocy, file it in mind for next time around so I won't repeat the mistake.

     

    That works pretty well, depending on how many and which brain cells passed away during the interim! =>:-O

     

    HardToLove
    8 Nov 2010, 05:59 PM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10491) | Send Message
     
    And then drink beer any way because it doesn't hurt either. Well not as much! LOL. TB the stock you posted about (RVMIF.OB) has a good deal of copper and had a nice pop today.
    8 Nov 2010, 06:07 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » I got that (RVMIF.PK) tip from Ace, the new guy on the QC. I really do intend to look it over more closely. All I had time for then was a quick tour around their website.
    8 Nov 2010, 06:48 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » seekingalpha.com/artic...

     

    Good review of the new (REMX) etf. Makes sens, and holds some hints of the future which I think would be a good thing to remember.
    9 Nov 2010, 08:33 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Author’s reply » Please go to the new REE Concentrator:

     

    seekingalpha.com/insta...
    9 Nov 2010, 08:58 AM Reply Like
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