Saffie's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/108306/comments http://seekingalpha.com/article/173661-sprint-wins-over-an-analyst?source=feed#comment-763641 763641 Tue, 17 Nov 2009 09:59:30 -0500 http://seekingalpha.com/article/110348-first-ever-airlines-etf-set-for-takeoff?source=feed#comment-359008 359008 Sun, 18 Jan 2009 11:31:38 -0500 http://seekingalpha.com/article/110348-first-ever-airlines-etf-set-for-takeoff?source=feed#comment-359001 359001 Sun, 18 Jan 2009 11:27:02 -0500 http://seekingalpha.com/article/108209-gold-in-backwardation-not-so-fast?source=feed#comment-316175 316175 Thu, 27 Nov 2008 09:29:17 -0500 http://seekingalpha.com/article/90084-king-dollar-roars-back?source=feed#comment-227371 227371
Infinite dollars versus finite gold = ?]]> Sun, 10 Aug 2008 20:08:44 -0400
Infinite dollars versus finite gold = ?]]> http://seekingalpha.com/article/78749-what-s-the-real-story-with-the-price-of-crude-oil?source=feed#comment-199347 199347
Now I get it. So those cool dudes in Armani suits, driving tankers full of crude are the speculators taking the oil off the market for storage. Where are these storage depots, pray tell ? In a tank farm in the backyard of the speculator's house in Brooklyn?]]> Sun, 06 Jul 2008 16:12:50 -0400
Now I get it. So those cool dudes in Armani suits, driving tankers full of crude are the speculators taking the oil off the market for storage. Where are these storage depots, pray tell ? In a tank farm in the backyard of the speculator's house in Brooklyn?]]> http://seekingalpha.com/article/81979-oil-s-supply-and-demand?source=feed#comment-189074 189074 Fri, 20 Jun 2008 10:10:32 -0400 http://seekingalpha.com/article/80374-it-s-not-too-late-to-buy-coal?source=feed#comment-181128 181128
Cash Minerals is sitting on 52million tons of high grade bituminous coal. There are 110million shares outstanding and the stock closed at 27cents on Friday 6 June 2008.]]> Sun, 08 Jun 2008 06:18:16 -0400
Cash Minerals is sitting on 52million tons of high grade bituminous coal. There are 110million shares outstanding and the stock closed at 27cents on Friday 6 June 2008.]]> http://seekingalpha.com/article/80374-it-s-not-too-late-to-buy-coal?source=feed#comment-181127 181127
Recently GoldSource Mines Inc. (Public, CVE:GXS) stumbled upon coal while drilling for kimberlite in Saskatchewan, Canada. The drill holes were 1.6 Km apart and it appears that the speculators are betting on that the two coal seams are contiguous judging by the stock price performance. GXS was trading around the 20cents range earlier in 2008 and when they hit pay dirt approximately 6 weeks ago, the stock took off like a rocket. It is now trading at $8.99 for a 45X gain or 4500% increase.

The same performance is looking like a possibilty for Cash Minerals (Toronto - CHX)

GoldSource Mines INc -
finance.google.com/fin...

CASH MINERALS -
finance.google.com/fin...]]> Sun, 08 Jun 2008 06:10:29 -0400
Recently GoldSource Mines Inc. (Public, CVE:GXS) stumbled upon coal while drilling for kimberlite in Saskatchewan, Canada. The drill holes were 1.6 Km apart and it appears that the speculators are betting on that the two coal seams are contiguous judging by the stock price performance. GXS was trading around the 20cents range earlier in 2008 and when they hit pay dirt approximately 6 weeks ago, the stock took off like a rocket. It is now trading at $8.99 for a 45X gain or 4500% increase.

The same performance is looking like a possibilty for Cash Minerals (Toronto - CHX)

GoldSource Mines INc -
finance.google.com/fin...

CASH MINERALS -
finance.google.com/fin...]]> http://seekingalpha.com/article/79966-as-coal-skyrockets-analysts-are-late-to-the-party?source=feed#comment-181126 181126 finance.google.com/fin... stumbled upon coal while drilling for kimberlite in Saskatchewan, Canada. The drill holes were 1.6 Km apart and it is the speculators bet that the seams are contiguous judging by the stock price performance. GXS was trading around the 20cents range earlier in 2008 and when they hit pay dirt approximately 6 weeks ago, the stock took off like a rocket. It is now trading at $8.99 for a 45X gain or 4500% increase.

The same performance is looking like a possibilty for Cash Minerals (Toronto - CHX) finance.google.com/fin...]]> Sun, 08 Jun 2008 06:03:02 -0400 finance.google.com/fin... stumbled upon coal while drilling for kimberlite in Saskatchewan, Canada. The drill holes were 1.6 Km apart and it is the speculators bet that the seams are contiguous judging by the stock price performance. GXS was trading around the 20cents range earlier in 2008 and when they hit pay dirt approximately 6 weeks ago, the stock took off like a rocket. It is now trading at $8.99 for a 45X gain or 4500% increase.

The same performance is looking like a possibilty for Cash Minerals (Toronto - CHX) finance.google.com/fin...]]> http://seekingalpha.com/article/79966-as-coal-skyrockets-analysts-are-late-to-the-party?source=feed#comment-181124 181124
TORONTO, ONTARIO - June 6, 2008 - Cash Minerals Ltd. (TSX-V:CHX) today announced that it has initiated a strategic review to reassess the economic potential of the Company's Division Mountain coal property, located approximately 90 km northwest of Whitehorse, Yukon Territory. The Division Mountain property contains a measured resource of 52.5 million tonnes of high volatile "B" bituminous thermal coal (refer to NI 43-101 report dated December 21, 2005).

"The aim of Cash Minerals' strategic repositioning plan is to assess all of the Company's projects to determine which assets would provide a greater return to shareholders," commented Greg Duras, President and CEO of Cash Minerals Ltd. "Given the renewed interest in coal over the past few quarters, management has decided to review the economic potential of Cash Minerals' Division Mountain coal property. This will be the first step in our plan to maximize shareholder value."

Work on the Division Mountain property over the next quarter will include: upgrading the feasibility study to determine the potential for export coal, given current coal prices; and revising the feasibility study for the potential of a Division Mountain coal mine to provide feedstock to a proposed mine-mouth power station (to be located adjacent to the property). An exploration program will also be designed to determine the potential for metallurgical coal on the property and to upgrade and expand the existing resource.

The management team is also evaluating coal projects outside the Yukon, in an effort to expand the Company's portfolio of coal assts. Cash Minerals has been in the process of identifying and evaluating opportunities to participate in additional coal properties. Cash Minerals is involved in discussions with various government officials to monetize their positions in coal assets and take advantage of the growing demand for energy-related resources. Cash Minerals has expressed an interest in purchasing a significant interest in various coal projects.

Division Mountain Property

The Division Mountain property is 100% owned by Cash Minerals and is comprised of five coal leases covering 7.764 square kilometres and 30 territorial coal exploration licenses covering 3,600 square kilometres.

An independent feasibility study on a potential Division Mountain coal mine was completed in 2006. The mine feasibility study was completed by Norwest Corporation, a North American coal and energy engineering consultancy firm based in Salt Lake City, Utah. Cash Minerals intends to engage Norwest to update the feasibility study to reflect current improved market conditions and opportunities.

In conjunction with the Division Mountain mine feasibility study, Cash Minerals also commissioned an independent preliminary pre-feasibility study on the potential mine-mouth coal-fired electricity generating plant located adjacent to the mine. The study estimates an operating cost of 12.2 cents per kWh (2006 cost basis). This cost compares with Yukon Energy's 2005 Residential rate of 13.74 cents per kWh and 2005 General Service rate of 15.39 cents per kWh, which were reported in Yukon Energy's 2005 Annual Report.
]]> Sun, 08 Jun 2008 05:48:44 -0400
TORONTO, ONTARIO - June 6, 2008 - Cash Minerals Ltd. (TSX-V:CHX) today announced that it has initiated a strategic review to reassess the economic potential of the Company's Division Mountain coal property, located approximately 90 km northwest of Whitehorse, Yukon Territory. The Division Mountain property contains a measured resource of 52.5 million tonnes of high volatile "B" bituminous thermal coal (refer to NI 43-101 report dated December 21, 2005).

"The aim of Cash Minerals' strategic repositioning plan is to assess all of the Company's projects to determine which assets would provide a greater return to shareholders," commented Greg Duras, President and CEO of Cash Minerals Ltd. "Given the renewed interest in coal over the past few quarters, management has decided to review the economic potential of Cash Minerals' Division Mountain coal property. This will be the first step in our plan to maximize shareholder value."

Work on the Division Mountain property over the next quarter will include: upgrading the feasibility study to determine the potential for export coal, given current coal prices; and revising the feasibility study for the potential of a Division Mountain coal mine to provide feedstock to a proposed mine-mouth power station (to be located adjacent to the property). An exploration program will also be designed to determine the potential for metallurgical coal on the property and to upgrade and expand the existing resource.

The management team is also evaluating coal projects outside the Yukon, in an effort to expand the Company's portfolio of coal assts. Cash Minerals has been in the process of identifying and evaluating opportunities to participate in additional coal properties. Cash Minerals is involved in discussions with various government officials to monetize their positions in coal assets and take advantage of the growing demand for energy-related resources. Cash Minerals has expressed an interest in purchasing a significant interest in various coal projects.

Division Mountain Property

The Division Mountain property is 100% owned by Cash Minerals and is comprised of five coal leases covering 7.764 square kilometres and 30 territorial coal exploration licenses covering 3,600 square kilometres.

An independent feasibility study on a potential Division Mountain coal mine was completed in 2006. The mine feasibility study was completed by Norwest Corporation, a North American coal and energy engineering consultancy firm based in Salt Lake City, Utah. Cash Minerals intends to engage Norwest to update the feasibility study to reflect current improved market conditions and opportunities.

In conjunction with the Division Mountain mine feasibility study, Cash Minerals also commissioned an independent preliminary pre-feasibility study on the potential mine-mouth coal-fired electricity generating plant located adjacent to the mine. The study estimates an operating cost of 12.2 cents per kWh (2006 cost basis). This cost compares with Yukon Energy's 2005 Residential rate of 13.74 cents per kWh and 2005 General Service rate of 15.39 cents per kWh, which were reported in Yukon Energy's 2005 Annual Report.
]]> http://seekingalpha.com/article/79234-coal-is-the-next-fertilizer?source=feed#comment-181122 181122 Sun, 08 Jun 2008 05:24:16 -0400