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bob52r

bob52r
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  • Precious Metal Streamers Analyst Watch: March Edition [View article]
    OK, SAND is ip over 20%. What's next?
    Mar 16 08:26 PM | Likes Like |Link to Comment
  • Sandstorm Gold - Expect A 70% Production Growth In 3 Years [View article]
    FOLKS--how about that 20% bounce. I am not reading anything about $950. oz gold. Any goldbugs care to comment. The basic story looks strong even with a minor setback or two.
    Bob
    Mar 15 12:46 AM | Likes Like |Link to Comment
  • Jim Cramer Sells Linn Energy, So You Can Be Sure I Am Going To Buy [View article]
    I do not understand the Cramer hatred. Uncle Jim himself repeated tells his viewers not to buy without their own research and actually tries to teach basic research methods on mass media tv. He claims to be a source of ideas for further research.

    i have watched him and actually learned from him and his books. The tv show is entertainment and an attempt to teach and educate. Uncle Jim just spent ten minutes this last week telling people not to invest in individual stocks if they are not able nor prepared to be doing their own research weekly at a minimum of 2 hours per week per stock.[The number of hours comes from his books, not this weeks tv]
    I view half the show as wild entertainment and half the show as a source of research ideas and education for individuals who are not trained professionals who have been mentored by quality people. Those educated and mentored professionals are not his targeted audience.

    Cramer's actually investment choices are in his trust and all his actual trades and results are published on his website. He has self imposed rules concerning his trust almost tie one hand behind his back.
    His lighting round stuff is a show. Anyone who buys and sells solely on the lighting round cramer show, has not understood his basic point of view. The featured researched pieces are more serious research recommendations. i thought this stuff was obvious. Cramer says it over and over again.

    I am not a trained investment professional and do not have a research department. I realize my own limitations. My ivy league education and graduate education have taught he how to learn and i find Jim Cramer an interesting teacher and actually am beginning to understand the research methods
    he is teaching which are applicable to someone like me. Cramer may be inappropriate for for many "professional" investors who are not his intended audience.
    The hedge fund geniuses who almost destroyed my retirement who never want me to be reading and watching cramer should know that Uncle Jim has helped guide me to beat the S&P 500 averages over the time period I have been his student. The core money that I don't trust myself to manage has not done as well as I have on my own eg mutual funds and etf's recommended by a trained and mentored professional who charges by the hour[also recommended by Uncle Jimmy]. I have the strangest feeling that all the folks who hate Cramer the most are the same folks who has stopped earning fees from me and thousands like me.

    Cramer actually advised that the LINE earnings report was very odd and he was more comfortable in the short/medium term elsewhere. I decided to look carefully at the report and re-read the pro and con presentations on LINE. The quarterly report is odd. This boy ultimately decided to hold because the income is more import to me at 62 yrs that the opportunity for more immediate gains elsewhere in the oil patch. This still is true me if LINE cannot raise their distributions or even has to cut them by 5% to 10% over this next year of consolidation. With their assets and management, over the longer term I should be fine and collect a very nice dividend. I actually own LNCO as also determined by doing research that Cramer suggested. I also hold KMP in both corporate forms.

    If you don't like his personal style, voice, personality that is just fine. If his work is not of use to you other than to signal a short term trade based on his mass media audience over reacting and not really paying attention to his core investment teachings, great !

    I am very pleased that the nerdy harvard over achiever went back to his first love, journalism, after he made his magic number on wall street. I truly wish the same to everyone reading this posting

    I am very happy to have him as a resource as I have so many resources on this site. He does have a record in the hedge fund world and made a knowing decision to trade making vastly more money for what he is doing today.
    You are always free not to watch him nor read his books nor website.

    If you disagree with any of his opinions, please post about the materials and why you disagree rather filling this site with hatred and personal insults. I know he is frequently wrong and not to be followed blindly. Please help me to understand when and why.
    Mar 15 12:40 AM | 9 Likes Like |Link to Comment
  • Sandstorm Gold - Expect A 70% Production Growth In 3 Years [View article]
    covering shorts today......or has gold bottomed?
    Feb 14 12:20 PM | Likes Like |Link to Comment
  • Gilead: The Rising Tide Is Coming [View article]
    In the "real" world, ABBV may effect the market or result in the lowering of GILD's margins in order to compete--even if GILD has the better product. Formulary lists do effect sales and are business decisions which are often cost driven.
    Jan 22 08:38 AM | 1 Like Like |Link to Comment
  • Colossus Is Weighing On Sandstorm Siblings [View article]
    Assume the worst, how badly does sand get dinged in real world financial terms. For 2014, we are talking about a projected 1.5% of sand's projected revenue.

    If am not an investment professional, but bet on the risk/reward that sand's partners have average production costs of about $900 per once. I am betting that gold will not stay belong $900 per once for any extended time period. the balance of sand's model seems quite sound to me.
    Dec 13 04:35 PM | 1 Like Like |Link to Comment
  • Sandstorm Gold - Expect A 70% Production Growth In 3 Years [View article]
    I am not selling just a bit on edge. I normally make conservative rational calsl based upon data. Logically gold should remain under US$1000 per ozonce on fundamentals. I assume that this a "cooked" manipulated market that is not rational. Everything I learned in my ivy league economics classes says this a great time to prep for upcoming inflation and any bottoms in gold should have occurred or be occurring now.
    when GS talks about 950 targets, it get me nervious. I wonder what GS is doing with it's own $$?
    Nov 30 06:19 PM | Likes Like |Link to Comment
  • Sandstorm Gold - Expect A 70% Production Growth In 3 Years [View article]
    I am getting a bit on edge about SAND. Someone say something positive about where gold may bottom short/medium term?
    Nov 25 06:56 PM | Likes Like |Link to Comment
  • Sandstorm Gold - Expect A 70% Production Growth In 3 Years [View article]
    silver crest?

    thanks mr spock!!! this is lower than SAND said in aug, 2013. Diffferent definitions? I don't understand the gold mining business well enough to perform the facile calculations from the balance sheets in a manner that I am confident of the results.
    Nov 14 08:14 AM | Likes Like |Link to Comment
  • Sandstorm Gold - Expect A 70% Production Growth In 3 Years [View article]
    very little info in linked presentation on either all in cost per oz nor onging costs of production per oz for gold.

    skypilot2005 pulled up the aug 2, 2013 statement from SAND:

    75% of our production comes from either Luna or SilverCrest or Brigus. And those three assets have cash cost that averaged around $700 per ounce and all-in sustaining cost of around a $1,000 per ounceā€

    This is the info I am hoping that is updated somewhere. SAND is money in the bank as long as their partners keep streaming and paying royalties.
    what is the price level where this will be impaired. Will this level be reached and sustained for months?
    Nov 12 08:54 PM | Likes Like |Link to Comment
  • Sandstorm Gold - Expect A 70% Production Growth In 3 Years [View article]
    http://seekingalpha.co...

    This discussion needs to be updated
    Nov 11 12:50 PM | Likes Like |Link to Comment
  • Sandstorm Gold - Expect A 70% Production Growth In 3 Years [View article]
    SAND's partners' cost of production is the risk here. SAND reported that 75% of the partners have a production cost of $1000 approx'ly.The risk comes if the price of gold drops before $1000 for any real period of time and SAND's partners stop producing. I am long SAND. The price of gold is a manipulated thing and the bears are pushing.

    Why is gold so problematic in this micro environment? I am no expert. I am just pushing this discussion so folks more knowledgeable than myself might comment.
    Nov 11 12:47 PM | 1 Like Like |Link to Comment
  • Precious Metal Streamers Analyst Watch: October Edition [View article]
    thanks skye for taking the time to post the links.

    75% of the production has a sustaining cost of $1000 per once. I assume that SAND would not make a material misrepresentation in an announcement. does this mean that gold at under $1050 for any length of time and 75% of SAND's rights to purchase cheap gold may decrease or some of the production just stop. My understanding is that very junior gold miners are generally not well capitalized and SAND exists because of the of the problems they have finding capital.
    Oct 10 12:50 AM | Likes Like |Link to Comment
  • Precious Metal Streamers Analyst Watch: October Edition [View article]
    skye pointed out in past postings that SAND never seems to directly discuss at what level in the price of gold their business will have problems because their producers may stop producing.

    SAND makes lots of profits if gold stays north of $1200, i assume. that is very clear. at $900 i have no idea. this is what stop me from adding to my position.

    What will happen to the ramp -ups in production if gold stays at a lower level for 6 months or longer?
    Oct 10 12:40 AM | Likes Like |Link to Comment
  • Precious Metal Streamers Analyst Watch: October Edition [View article]
    i guess i did not make myself understood:

    if the producers have production costs at market price for any period of time, they will stop their production. from looking at SANd's balance sheet and their cost per once, i was making an educated guess that 25% of their stream of cheap gold could stop because of junior's just stopping unprofitable production before SAND's business model would become in question.

    i am having problems researching SAND's partners' production costs per once. i was hoping that someone else with more time and "know how" have have found this data. i reviewed the websites of a number of SAND's partners and did not see clear production costs per once. i do not feel knowledgeable enough to trust basic calculations from the available balance sheet. i do know have enough knowledge about gold miners to trust the facile calculations the i could do my self from the easily available data
    Oct 10 12:34 AM | Likes Like |Link to Comment
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