Northern Orion Resources Inc. (NTO)
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NTO Forum Topics
- All Comments on NTO
- General Discussion on NTO
- The Ins and Outs of Terror-Free Investing [view article]
- Yamana's Acquisition of Meridian and Northern Orion Finalized [view article]
- Northern Orion, Yamana, Meridian: The Golden Dynasty Soap Opera [view article]
- Our Favorite Stocks to Watch as the Gold Bull Kicks Back into Action [view article]
- Yamana-Northern Orion-Meridian Merger Doesn't Look Likely to UBS [view article]
- Meridian, Northern Orion Shares Up On Yamana Offer [view article]
- Yamana Gold Merger Could Face Rival Bidders [view article]
- What Is Northern Orion Waiting For? [view article]
- Galore Creek and Agua Rica - Two High Risk Mining Projects (Part 2) [view article]
- Which To Buy -- Gold ETFs or Gold Mining Stocks? (ETFs: CEF, GLD, IAU; Stocks: ABX, FCX, NEM, NTO, RGLD) [view article]
- Northern Orion: Raking In the Cash [view article]
loading ...Recent NTO Articles
- Yamana's Acquisition of Meridian and Northern Orion Finalized
- Yamana Gold Sweetens Bid for Meridian
- Our Favorite Stocks to Watch as the Gold Bull Kicks Back into Action
- Northern Orion, Yamana, Meridian: The Golden Dynasty Soap Opera
- Northern Orion Rises As Yamana/Meridian Deal Moves Forward
- Yamana-Northern Orion-Meridian Merger Doesn't Look Likely to UBS
- Loeb's Third Point Issues Latest 13F: Summary of Holdings
- The Ins and Outs of Terror-Free Investing
- Gold Correction Now Over: Stocks Experiencing Breakout
- Northern Orion Shareholders Told To Reject Yamana Bid
- Full List of Articles »
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Editors
General Discussion on NTO
Is this a buy or a sell? ReplyThe Ins and Outs of Terror-Free Investing [view article]
Mr. Potato Head,You view is similar to mine as expressed in a follow-up article:
www.qvmgroup.com/inves.../
Richard Shaw
Reply
The Ins and Outs of Terror-Free Investing [view article]
Mr. ShawTerror-free investing as a national policy might or might not work. The unilateral decisions of the US haven't worked out very well e are the best electronics designed and manufactured? Not in our clately, but lets put that aside.
Who decides what is a terror state? Could China be on that list because of its policies in Tibet? What about Russia and the disappearance of its citizens? What about the US in Iraq and Afghanistan; aren't we terrorizing part of their populations? Is the decision made by someone stuck at a desk in the corner who's name and character are unknown? Maybe we could make it with decisions of congress?
If everything goes OK, who moves in when we move out? The French, Russia, China? How about Venezuela? Maybe North Korea?
Wouldn't it be a welcome change to see North Koreans helping out Pakistani Citizens with all their nuclear needs?
The economic and political power of the US is dwindling as other countries of the world move toward the center stage. Where are the fastest grown economies? Which countries are graduating the most engineers, scientists, and business majors? Where are the best and newest examples of architecture? Not in our country.
For terror free investing to work on a global scale would require the combined efforts of several independent nations. The US will need to find a new attitude of pragmatism and co-operation as its influence diminishes over the coming decades.
However, everything else aside, the idea has merit. On an individual basis, or perhaps dedicated "terror free" fund, we could give it a try.
Mr Potato Head Reply
mentator
Yamana's Acquisition of Meridian and Northern Orion Finalized [view article]
What a waste of shareholder equity! As if we Yamana shareholders have not been hit hard enough by the Meridian-dilution-play - now the (reasonably good) prospects of developing Agua Rica are all the sudden off the table (Marrone's statement - the big guys Xstrata & Goldcorp seem to be less inclined to help this wanna-be to feed their mill to save moolah). The price tab for NTO just for the Alumbrera dividend? Ridiculous. There should be a review process!Reply
Northern Orion, Yamana, Meridian: The Golden Dynasty Soap Opera [view article]
Apparently you watch more tv than you do analyzing stocks. You fail to mention the rising price of gold or the economies of scale that will be realized with this merger. No wonder you own no positions in the stocks. You are wrong too in the short position suggestion unless you mean a really short trade. ReplyOur Favorite Stocks to Watch as the Gold Bull Kicks Back into Action [view article]
I am not avoiding silver. I am a huge fan of Silver Wheaton, which is a pure play on silver and included in our list of recommended stocks. I read both Ted Butler and Jason Hommel and agree that silver has some promising fundamentals. However, I expect gold to outperform silver during recessionary periods, which we should be approaching soon (despite rate cuts). Gold is more widely seen as a store of value and hedge against a declining dollar, while silver's price rise may be somewhat suppressed by declining industrial demand from a cooling economy, particularly developing nations. I could be wrong, but those are my thoughts. ReplyOur Favorite Stocks to Watch as the Gold Bull Kicks Back into Action [view article]
Why are you avoiding silver and Ted Butlers' work and credit to him? Last week the gold silver ratio was 56/1 this week it is less as expected and on the way to 1/1 over the next 8 to 15 years. Why not feature SIL, Apex Silver ? It is like a mutual fund of junior mining stocks that just begun producing silver,lead & zinc from a very major mine in Bolivia and has great political support in shakey suroundings. Those surroundings have overly depressed the stock into an addtional bargain beyond currancy and silvers low ball price. Replymentator
Yamana-Northern Orion-Meridian Merger Doesn't Look Likely to UBS [view article]
Fortunately Yamana is getting it that we shareholders don't want to have our shareholder equity squandered away! What a hogwash to acquire another gold mining company half the size (and less than half the size in about two years, when Yamana's excellent development projects will produce over 3/4 of a million ounces a year) by giving away about half of the shareholder value to Meridian's shareholders!By the way - Yamana management has sold out before that, what a "surprise". I'll be happy to invest more into Yamana, once the bought kingdom dreams have hit the wall and bloody-nose get back at what they do otherwise best: bringing mines into production on time and budget! That ability and the quality of their projects puts them on par with Barrick's track record and they can very well stand on their own. A factor 3 increase in the share price is definitely on the horizon once this happens. I'll just wait a bit, if there isn't another global equity selloff around the corner - that could be toxic in the near term (and taking even greater percentual profits off the table), the thunderstorm clouds are just too big right now, with $500bn adjustable mortgages hitting the repricing-fan this and next year...
Fortunately, too, that Yamana has hedged their copper from Chapada for three years (Trey Wasser had a comment about this on this side earlier) - they shouldn't be concerned of any "base-metal producer" discount any more. Also, that pays a couple times over for Chapada's construction cost, without being drawn in any base metal crash-vortex, once the realization sets in that less houses means also less cables and less factory expansions meaning less cables and... you get the picture. Gold is a currency and copper a consumable. Good luck, Northern Orion, in building a 38-mile long conveyor belt from "Aqua Rica" (what a mis-picked name) to Alumbrera on their own.
Fortunately (lucky three), Yamana cleverly did make the takeover conditional and will not be required to take than risk and additional copper exposure. Northern Orion puts, anyone? I'll stick with Yamana, an excellent executer with occasional Napoleon complex.
Reply
Yamana-Northern Orion-Meridian Merger Doesn't Look Likely to UBS [view article]
As a shareholder of AUY, I agree with the above comment. And that is MY money that Marone is using for this "bought kingdom!" The under-performance of the HUI needs to come to an end. Repeated negative earnings surprises are certainly not helping. Hmm... let me see: a 53X TTM P/E vs 31X for the industry, and a 30X TTM P/CF vs 17X for the industry. Seems like expectations are pretty high. Now would be a good time to start delivering.Don Reply
Yamana-Northern Orion-Meridian Merger Doesn't Look Likely to UBS [view article]
In threse days of tight commercial paper Mr. Marone needs to come to the realization that he should be satisfied to operate his bought kingdom and begin to make an operating profit for his shareholders. Even Cramer will only stand for so much dilution! ReplyStevens
The Ins and Outs of Terror-Free Investing [view article]
MPVALUCHThanks for responding. The fact is that the article does not "slam" any company.
The article simply reports on the actions of the government and the issues floating around among states and others to try to get a handle on this particular form of social investing that is also being driven in part by government actions.
The article takes no position on any company and does not take a position on whether terror-free investing is a good or bad idea, helpful or hurtful for international outcomes, or suitable or unsuitable for any person. The article reports on the phenomenon and does not promote the matter one way or the other.
You have misread the article and might look at it once again to see that no opinion is expressed about any company.
If anything, the article suggests that the process might in fact create some undesirable to unjust outcomes in the implementation.
You are certainly correct that SEC filings are historical and SEC reviews of filings take some time after the filing, so it is highly likely that the SEC will continue to list certain companies for a limited period of time as having operations that may have been discontinued.
Sorry the article was upsetting to you, but your emotional reaction is misplaced. If you have concerns about how the SEC does its work, you might direct your concerns to them and not to those who report on the work of the SEC.
Richard Shaw
QVM Group LLC Reply
The Ins and Outs of Terror-Free Investing [view article]
Mr. Shaw,Maybe you should include that the SEC used a simplistic approach when creating this list! Reuters reported this on July 5th, but apparently you missed it:
www.reuters.com/articl...
BHI has had no operations in Sudan since 2005---but because that fact was mentioned in its 2006 annual report, it got included in the SEC's list. How many other companies will unnecessarily get slammed today because of your submission? Hmmmm!?
mpvaluch Reply
Meridian, Northern Orion Shares Up On Yamana Offer [view article]
And could it be possible that another company might bid for AUY, thereby gobbling up the entire group of candidates? misterchan ReplyYamana Gold Merger Could Face Rival Bidders [view article]
Rival bidders you say? Bring it on! ReplyWhat Is Northern Orion Waiting For? [view article]
Desperate to sell, what are you talking about. This makes total sense wait and listen to the conference call you will change your tune. Reply