User 105961

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    • Fri Sep 26th 21:10 PM | Rating: 0 0
      Commented on:
      General Discussion on GMO
      I spotted GMO two years ago. Bought a little bit at $4. What caught my attention was most Board members had prior associations with major mining companies. I felt they wouldn't waste their time with some start-up with no revenue. Then I read the Company was moving it's head office to Denver ( a major mining town) and more importantly replaced their accounting firm with a big four firm. Clearly a costly move but necessary if you are getting serious. Then I read their feasibility study, published on their web site. I had been a banker for thirty-four years at Chase and have financed many mining companies. But we had Technical Directors (mining engineers) on the staff to interpret just this kind of information. However being retired, I had no access to mining expertize. Then I read that two of the smartest steel companies in the world planned to invest a total of $240 million in the Company. Clearly they had read trhat feasibilty report vrey carefully. Step by step the Company is following the classic path of a well thought-out project finance opportunity. Nobody would invest this kind of money in a small start-up if they didn't see great potential.. Also look at the ownerhip and insider buying over the past two years, The people who know this Company best are clearly putting up their own money. I realize the stock is not going to do much until the Company actually goes into production. I believe the patient investor will be well rewarded. Tom Cavey
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    • Mon May 19th 08:24 AM | Rating: 0 0
      Commented on:
      General Discussion on GFA
      General Discussion on GFA
      I believe Gafisa is a buy because the Company has an excellent track record of growing revenues and earnings. In addition they operate in Brazil which has a young, growing middle class, a stable government and a currency appreciating against the dollaR. GFA IS SOMEWHAT VOLATILE SO I WOULD NOT BUY ALL AT ONCE. BETTER TO SPACE YOUR PURCHASES OVER A FEW MONTHS SO YOU DON'T GET CAUGHT WITH A HIGH PRICE BECAUSE OF UNLUCKY TIMING. THIS IS A LONG TERM HOLD, SO ONCE YOU HAVE BUILT A POSITION LEAVE IT ALONE AND LET IT WORK FOR YOU. TOM CAVEY

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    • Mon May 19th 08:22 AM | Rating: 0 0
      Commented on:
      General Discussion on GFA
      I believe Gafisa is a buy because the Company has an excellent track record of growing revenues and earnings. In addition they operate in Brazil which has a young, growing middle class, a stable government and a currency appreciating against the dollaR. GFA IS SOMEWHAT VOLATILE SO I WOULD NOT BUY ALL AT ONCE. BETTER TO SPACE YOUR PURCHASES OVER A FEW MONTHS SO YOU DON'T GET CAUGHT WITH A HIGH PRICE BECAUSE OF UNLUCKY TIMING. THIS IS A LONG TERM HOLD, SO ONCE YOU HAVE BUILT A POSITION LEAVE IT ALONE AND LET IT WORK FOR YOU. TOM CAVEY


      On Apr 06 05:24 AM SeekingAlpha Editors wrote:

      > Is this a buy or a sell?
      View forum topic »
    • Wed Feb 20th 18:05 PM | Rating: 0 0
      Commented on:
      The Long Case for Southern Copper Corp.
      Dear David,

      Thank you for a well researched and thoughtful analysis. I agree with your thesis. I went long PCU at $57 and foolishly sold at $87. I have been looking for a proper re-entry point and your article gives me the encouragement I needed.

      TJ Cavey
      View article »
    • Thu Jan 3rd 19:28 PM | Rating: 0 0
      Commented on:
      Commodity Super Cycle: Ready to Rumble in 2008
      I'm heading for the Rogers Commodity Index Fund as the most convenient place to participate in the global commodities bull market. I highly recommend Jim Rogers' book, "Hot Commodities". It is filled with valuable insights.

      Thomas.Cavey@gmail.com
      View article »
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