ANGLO AM PLC ADR (AAUK)
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AAUK Forum Topics
- All Comments on AAUK
- General Discussion on AAUK
- Guru Picks: Five Blue Chips [view article]
- Northern Dynasty to Reap Benefits as Alaska Backs Minerals over Salmon [view article]
- Give Gold Less Attention [view article]
- Darrell Brookstein on Gold: Just a Pullback in a Bull Market [view article]
- 11 Golden Prospects, Courtesy of Bernanke [view article]
- Freddie, Fannie and the French Revolution- Fast Money Recap (7/14/08) [view article]
- Will Vale Bid for Anglo? [view article]
- Is Vale Gearing Up for an Acquisition? [view article]
- Wall Street Breakfast: Must-Know News [view article]
- Ten Diamond and Jewelry Stocks [view article]
- Raymond James Analyst: Sell Ivanhoe Despite Jump in Share Price [view article]
loading ...Recent AAUK Articles
- Guru Picks: Five Blue Chips
- Northern Dynasty to Reap Benefits as Alaska Backs Minerals over Salmon
- Give Gold Less Attention
- Darrell Brookstein on Gold: Just a Pullback in a Bull Market
- 11 Golden Prospects, Courtesy of Bernanke
- Freddie, Fannie and the French Revolution- Fast Money Recap (7/14/08)
- Will Vale Bid for Anglo?
- Is Vale Gearing Up for an Acquisition?
- Wall Street Breakfast: Must-Know News
- Good European Plays: Smith & Nephew, Anglo American, and WPP Group
- Full List of Articles »
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Guru Picks: Five Blue Chips [view article]
Thanks for the spot THofler. Assumed the short company name was the stock symbol.DJF Reply
Guru Picks: Five Blue Chips [view article]
Dr. Fallon - - Please re-read the Ken Fisher pick #3 chart. You've got the wrong stock! His pick is the Italian integrated oil firm "Eni" with ticker "E". The correct ticker is E, not ENI.Eni or "Ente Nazionale Idrocarburi" is a stock I already own. It has a great dividend with a high dividend growth rate. Reply
Northern Dynasty to Reap Benefits as Alaska Backs Minerals over Salmon [view article]
I believe the gold estimate for Pebble East and Pebble West together comes to about 87 million ounces. I've watched NAK, which I've held for a while (a long enough while to have made money on it), and have seen the company make some politically astute moves in terms of aligning themselves with people of influence andin terms of campaigning for jobs AND environmental responsibility.Today, miners are much more environmentally careful--which I note with another holding of mine, Kalimantan Gold, which has campaigned against the use of cyanide. (I actually know these people and they are sincere and sincere in working for the citizens of Kalimantan.)
NAK has powerful interests behind it, including a big investment by Mitsubishi. Plus it's the elephant that many analysts say are no longer being found.
These NAK mines will come to fruition and make shareholders a lot of money, in my opinion. But, as I said, I do hold a number of shares.
As for Kalimantan Gold, not all that far from Grasburg, the company also has mining rights for coal in the area, a very astute move. Reply
Northern Dynasty to Reap Benefits as Alaska Backs Minerals over Salmon [view article]
"...as Alaska Backs Minerals over Salmon"C'MON what kind of headline sensationalism is that?? I'd prefer to say:
"Alaska Voters Say Minerals AND Fish Can Co-Exist" (just like in a lot of other places)
Somebody must've forgotten they aren't working for the NY Times anymore... Reply
Northern Dynasty to Reap Benefits as Alaska Backs Minerals over Salmon [view article]
should have been 60billion lbs of Cu! ReplyNorthern Dynasty to Reap Benefits as Alaska Backs Minerals over Salmon [view article]
Pretty uninformed comments about book value, ROI etc, for a mining developer!! Of course a mine developer is not making money til the mine is well in production!NAKs assets include the biggest Au/Cu discovery in North America in recent history. At 64m oz of gold, 60billion oz of Cu confirmed resources, this will be one of the largest mines in the world, and now has the go-ahead. NAK sold Anglo American 50% for $1.4billion worth of funding, which was the cost of mine development meaning that NAK is virtually free carried.
The gold/silver junior mining shares are at most oversold level since 01, for a value investor they have never been better value, they are at huge lows, and NAK is trading 1/4 price/ net asset value (NAV) of its peers.
Technically NAK has just sharply broken out of a french curve downtrend, and looks for a sharp rebound on both fundamentals and tecnhicals.
Paul&shark are you sure you are not caught short, or sold out at the bottom???
Reply
Northern Dynasty to Reap Benefits as Alaska Backs Minerals over Salmon [view article]
I like to check buy signals of " experts" on all kind of stocks,strange only that 99% of bugs like so called penny stocks.NAK is losing money for all of the last 10 years,it's assets were worth only 690,000$ in 2002,even today it's book value is 0.55$ per share,negative earnings growth of 60% since last year when price of metals was flying,return on assets for the last 5 years negative 185%,return on investments last 5 years negative 210%,rturn on equity last 5 years egative 218%,NAK stock price in 2002 was 0.25$ so this year high of 13.87$ means an increase of 55 times when at the same time price of Gold increased 3 times,which meand that for each 1% of Gold NAK historically moves 17%.
Bottom line:
Decrease of Gold of 20% means that stock price of NAK is about it's book value of 0.55$ which I believe what NAK is worth at best.
Stocks don't move on some fantastic prospects,stocks move on fundamentals long term so I promise you that NAK whatever price of Gold will be will never reach it's previous high.I have seen many mining stocks in my life as I invested in those in 1998 and those were the best companies in the Gold/Silver industry,even today they are not far away from their 1998 prices.Stay away from NAK as it is worthless investment.If you believe Gold is going higher buy 100oz today worth 83,500$ so you can make money or lose it but you will have real asset not a colourful prospectus.
In my opinion all the Gold/Silver sector stocks are very overvalued,you are paying at least 3 times more for mining blue chips as even they lose money.So why to overpay when buying Gold/Silver/Platinum/P... is real value at any price whatever it is?
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Give Gold Less Attention [view article]
the market is not irrational,the ETF backup is being sold
OTC, so the remaining paper is
worthless, is supply and demand,
but not as you supposed to be... Reply
Give Gold Less Attention [view article]
Thanks for a balanced article (hard to find) on gold. Brave of you, considering the gold bug's religious zeal.It seems absurd that gold and miners are plummeting at the same time the treasury is printing money at a blistering rate, but the market is irrational, and it looks like the trend remains down for now. I tried to "catch the falling knife" by buying miners a couple of weeks ago, but I think I'll take my medicine and get out for now. Reply
Darrell Brookstein on Gold: Just a Pullback in a Bull Market [view article]
Does anyone see AXU falling into place here with their Yukon property. Attempting to find out more on their financial health. In regards to previous comments. Always the historical battle between the lords of fiat currency and control and the believers in honest money. Our forefathers fought it and won for a time, then we let the internationals control. Now we have what we have.....the battle rages anew. Sigh....so we continue to bail out the internationals and their ponzy lackys. And we do it on the backs of the average American citizen. As for me, gold and silver. Reply
Darrell Brookstein on Gold: Just a Pullback in a Bull Market [view article]
Happy birthday !dada Reply
Darrell Brookstein on Gold: Just a Pullback in a Bull Market [view article]
Yes ,yes longhaul - you tell'm.. I wish Mr. Brookstein had mentioned Northgate, NXG. This is the most frustrating stock EVER. Would somebody please , please tell me how a co. producing 400k gold ,unhedged, in safe areas be at $1.60. How? That is $320MILLION in rev per year and more coming from YD property. Please somebody send me an email @ racngc@bellsouth.net explaining what I am missing here. Thank you. ReplyDarrell Brookstein on Gold: Just a Pullback in a Bull Market [view article]
Dear User 244491; I understand your loss and frustration. This is what happens if you base your decisions on emotions which is an obvious problem you have. Be honest with yourself and examine the fundamentals of your approach, learn from your mistakes, and join the winning team. ReplyLongfellow
Give Gold Less Attention [view article]
from article:"The share prices of the metal miner majors will provide the best clue to future metal commodity prices..."
Ok. As I type, AEM is up 7% on the day. Reply
Give Gold Less Attention [view article]
Why the disconect with supply and the futures market Reply