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haleiwahu

haleiwahu
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  • 2 Standout Companies Among Junior Rare Earth Miners [View article]
    Anybody think of selling short as a hedge? I just sold short SLW at $33.52. Let's see what happens
    Jan 7 09:41 AM | Likes Like |Link to Comment
  • Cramer's Mad Money - 10 Reasons to Buy Bank of America (1/6/11) [View article]
    It's a trained talent. This doesn't come naturally. Years and years of practice to get him where he is today. 100% opinions 96.3% oops!
    Jan 7 09:23 AM | 4 Likes Like |Link to Comment
  • 2 Standout Companies Among Junior Rare Earth Miners [View article]
    I guess I was right. Jan 05-Jan 06 what a drop. $61-$52 More to come today Jan 07 $52-$44
    Jan 7 09:11 AM | Likes Like |Link to Comment
  • Cramer's Lightning Round - The World's Best Long-Term Play on Gold (1/4/11) [View article]
    Even when you get enough of those opinions, then you put them all in front of your and carefully make your opinion based on others opinions, you still only have one more opinion. The deciding factor should be what history says has happened as displayed in the charts (which is the main meal) compared to the news facts saying what has happened to it and what statements come from the company saying what it plans to do (another portion of the main meal) and then use the opinions of commentators as seasoning on the meal. Some how it all ends up in your gut feelings as you chew on it.
    Jan 7 09:05 AM | 1 Like Like |Link to Comment
  • Gold Is Overvalued: Fundamentals Say 'Bubble' [View article]
    Yes, The choice is clear. I'd much rather inventory Gold over currency. At least that statement is true when applied to which value (gold or currency) has increased over the last 50 or so years. The only time period when gold had a bubble and suffered a major re-adjustment was in the mid 1980's to early 1990's. Aside from those 3 years or so gold has been the hedge to financial protection and it has steadily increased in value. Each year since then gold was valued more in Dec. at the end of the year than in January or the beginning of the year. Inflation causes currency to fall in value and gold to rise in value. Inflation continues, therefore the value of gold increases. This is just one factor causing a rise in Gold.
    Jan 7 08:41 AM | 1 Like Like |Link to Comment
  • 2 Standout Companies Among Junior Rare Earth Miners [View article]
    My guess is that they all seem to be reacting to the silver price which has been dropping like a rock. Everything is down this morning. Wait about an hour or so and watch for your lows. This is probably gonna be a good day for buying and holding. Silver 2.20 Lynas 1.93 only 971k volume trading so far. Things are definately gonna pick up. CHGS has already started back from $3.72 to $3.78 with 1.5mil vol trading. Lots of traders sitting, watching and waiting. Get your finger on the buy button and stand by.
    Jan 6 12:14 PM | 1 Like Like |Link to Comment
  • Tuesday Options Recap [View article]
    This last comment was back nearly a week ago. MCP has climbed the charts to the top of the trading scale to a little over $60 and trading volume of 9mil
    Jan 6 01:06 AM | Likes Like |Link to Comment
  • 2 Standout Companies Among Junior Rare Earth Miners [View article]
    Qiao Xing Universal Resources, Inc. (Nasdaq: XING, the "Company" or "XING"), one of the leading players in the molybdenum-mining business as well as a company with meaningful size in the resources industry, today announced that its subsidiary (the "Subsidiary") has placed the winning bid and completed the acquisition of a 34.53% equity interest in Chifeng Aolunhua Mining Co., Ltd. ("Aolunhua") for RMB 185 million (US$28 million) from a local Chinese government agency. The consideration for the bid will be paid in two cash installments within six months. With the cash in hand, cash flow to be generated from our three in-operation mining projects as well as some bank loans (when necessary), we believe that we will be able to pay the purchase price as scheduled. Given our financial condition and reputation in China, we believe that bank loans will be available to us if we need them..

    Aolunhua owns an open-pit copper-molybdenum mine (the "Mine" or "Aolunhua Mine") covering 14.38 square kilometers. The Mine is located in Ar Horqin Banner, in Chifeng City in the Inner Mongolia Autonomous Region, and has economical access to transportation, water, and electricity. According to a domestic technical report, the Mine has reserves of 372.9 million tons of ore that contains 159,293 tons of molybdenum metal at a grade of approximately 0.0663%, as well other byproducts such as 26,000 tons of copper and 100 tons of silver metal. The Mine's designed annual processing capacity is 4.29 million tons of ore, which can yield 5,000 tons of molybdenum concentrate and 5,000 tons of copper concentrate on average grades basis. Commercial operation began in September 2009 and reached a daily processing capacity of 15,000 tons of ore by the end of 2009. In 2010, the Mine processed a total of 4.49 million tons of ore, which yielded 4,496 tons of 53.43% molybdenum concentrates (which contained 1,968 tons of molybdenum metal), and 2,861 tons of copper concentrates (which contained 515 tons of copper metal and 2.8 tons of silver metal).

    Aolunhua, one of the top mining companies supported by the local government in Chifeng City with a total investment of RMB 1.2 billion (U.S. $179 million), was established in February 2007. In addition to the total investment of RMB1.2 billion, the local government has constructed an 80-kilometer paved road and a 70-kilometer power line to the Mine at no expense to Aolunhua. Currently, the Aolunhua Mine is the largest molybdenum mine in terms of operating capacity in Asia. Aolunhua was majority-owned by two Chinese state-owned enterprises ("SOEs"), which owned 34.53% and 34.46%, respectively, and one private investor (who owned 25.97%). In order to increase efficiency, one State-owned enterprise controlled by the local government agreed to transfer its 34.53% equity interest to a publicly listed company. The transfer of this equity interest was subject to standard procedures required by the PRC for the transfer of SOE properties (including a public bidding process). With the help of Qiao Xing Group Limited, the Company won the bid and purchased the 34.53% equity interest at a considerably attractive price. The Company intends to acquire a controlling stake in Aolunhua in the near future.

    Mr. Ruilin Wu, the Company's Chairman and Chief Executive Officer, said, "As the Chinese government is preparing to classify molybdenum as a national mining resource, which could limit its mining starting this year, we are increasingly optimistic about the business case for supplying molybdenum products and the long-term price trend. We believe that this additional copper-molybdenum mine, with molybdenum reserves and milled molybdenum ore production capacity of four and ten times, respectively, that of our existing Haozhou molybdenum mine, will be an excellent fit with our strategy of increasing our business scale and strengthening our resources portfolio. We are now a major investor in Aolunhua. We further intend to acquire a controlling equity interest in Aolunhua at an appropriate price and time in the future. XING is now poised to be one of the leading players in the molybdenum mining business in China.

    "Following two important acquisitions, we think we have reached our initial goal of becoming a company with meaningful size in the resources industry. However, we will not cease our efforts to explore additional acquisition opportunities in the future to enhance our foothold in China's resources industry."
    Jan 6 12:00 AM | 1 Like Like |Link to Comment
  • 2 Standout Companies Among Junior Rare Earth Miners [View article]
    XING had a good day today, jumped to $3.92 I sold out at $3.75. Could have waited but got cold feet. Settled at $3.44 vol trading 38mil wow what a day. Then I read this, old news but very confident position:

    Qiao Xing Universal Resources, Inc is one of the leading players in the molybdenum mining business, as well as a company with meaningful size in the resources industry. The Company focuses on rare metals and several strategically important base metals, including molybdenum, copper, lead and zinc.

    The Company currently owns a 100% equity interest in Balinzuo Banner Xinyuan Mining Co., Ltd. ("Xinyuan") and a 34.53% equity interest in Chifeng Aolunhua Mining Co., Ltd ("Aolunhua"), as well as the right to receive 100% of the expected residual returns from Chifeng Haozhou Mining Co., Ltd. ("Haozhou Mining").

    Xinyuan owns a mining license for a lead-zinc-copper mine that covers 3.3233 square kilometres in Wulandaba Suma, Balinzuo Banner, in the Inner Mongolia Autonomous Region, China (the "Xinyuan Mine"). The Xinyuan Mine, which started operation in March 2010, expects to increase its processing capacity to as much as 2,000 tons of ore per day by mid-2011 and expects to generate revenue of RMB 430 million, operating profit (EBITDA) of RMB 180 million and net cash flow of over RMB 100 million in 2012.

    Aolunhua is one of the leading molybdenum mining companies in China. It owns an open-pit copper-molybdenum mine (the "Aolunhua Mine") covering 14.38 square kilometers in Ar Horqin Banner, in Chifeng city in the Inner Mongolia Autonomous Region. The Aolunhua Mine has reserves of 372.9 million tons of ore and 159,293 tons of molybdenum metal at a grade of approximately 0.0663%, as well as such byproducts as 26,000 tons of copper and 100 tons of silver metal. Its commercial operations began in September 2009 and reached a daily processing capacity of 15,000 tons of ore by the end of 2009. In 2010, the Mine processed a total of 4.49 million tons of ore and produced 4,496 tons of 53.43% molybdenum concentrates (which contained 1,968 tons of molybdenum metal), and 2,861 tons of copper concentrates (which contained 515 tons of copper metal and 2.8 tons of silver metal).

    Haozhou Mining is a large copper-molybdenum poly-metallic mining company in Inner Mongolia, China. XING's Haozhou Molybdenum Mine business started operation in July 2009 and generated net income of RMB64.2 million (US$9.4 million) in the second half of 2009.
    Jan 5 11:53 PM | 2 Likes Like |Link to Comment
  • 2 Standout Companies Among Junior Rare Earth Miners [View article]
    niobium, including its sub-properties Ferroniobium, Titanium and tins among other elements. I think I remember rading that these alloys are used in making jets and space shuttles because of the amount of heat they can endure along with low toxicity. Along with other uses, these alloys are also used in magnets, making of jewelry, electronics and optics. I'm also doing research to find out if these same alloys are used in powder coating because of their ability to colour. So who knows what else benefits they have and beneficial uses for making us $$$.
    Jan 5 08:44 PM | 1 Like Like |Link to Comment
  • 2 Standout Companies Among Junior Rare Earth Miners [View article]
    I stopped going to those parties a long time ago. I may not be the biggest winner, but I did win more than those that lost.
    Jan 5 05:08 PM | Likes Like |Link to Comment
  • 2 Standout Companies Among Junior Rare Earth Miners [View article]
    About 97.5% of the people posting on this site know more than I do about buying or selling short shares but I was under the impression that you borrowed the shares at whatever price then had to re-pay them at some later date at either a profit or loss. If at a higher price, you pocket the profits but If at a lower price/loss, then you make up the difference from your own bank.

    Same with short sell, you sell a share before you own it, price falls then you re-buy it at the lower price then pocket the profits. You only hope the share does not increase in price wherein you have to re-buy the share at the higher price than you sold it for in the beginning. But maybe I'm wrong on this.
    Jan 5 04:59 PM | 1 Like Like |Link to Comment
  • 2 Standout Companies Among Junior Rare Earth Miners [View article]
    I think when the Jr.'s come under pressure and if there is a shake up then both sides will benefit. Higher ups for the majors and then buy outs, re-adjustments in relationships and values. Whether or not the longs will benefit will remain to be seen, the shorts will have bought, sold and are standing back to see what the next day brings.
    Jan 5 04:54 PM | Likes Like |Link to Comment
  • How to Play Rare Earth Metals [View article]
    When it happens it is going to be interesting. I can't wait till all the comments are "I told U so!" Molycorp, Inc. (seekingalpha.com/symbo...) is another company involved in the rare earth industry, based in Greenwood Village, Colorado. The company has $5 million in debt, and over $351 million in cash, with $4.27 in cash per share. Latest earnings were a loss of 97 cents per share. So how's that $4.27 in cash per share with a stock sale of over $60. How long is this gonna last?
    Jan 5 04:17 PM | Likes Like |Link to Comment
  • 2 Standout Companies Among Junior Rare Earth Miners [View article]
    (GDLNF) started the day at $1.28 which was also the high and ended at $1.26 after dipping to $1.21 and there was only 256k trading today. This makes it hard to get any real movement on their spreads. Looks like more of a long buy than anything else. All in all, they're up for the year 124.6%
    Jan 5 04:09 PM | 2 Likes Like |Link to Comment
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