Seeking Alpha

jimmy11

jimmy11
Send Message
View as an RSS Feed
View jimmy11's Comments BY TICKER:
Latest  |  Highest rated
  • Strikes At Major Suppliers Are Making North American Palladium And Stillwater Mining Shine [View article]
    I am very familiar with North American Palladium. I have been on the minesite more than once. I am in agreement with your very bullish attitude on palladium prices. But I think a deeper look at the Brookfield debt situation is merited before any decision to buy North American Palladium. The rates and terms are punishing and when looking at it some months ago there were serious questions as to company survival due to that debt. The increase in palladium prices due to South African and Russian issues has alleviated the debt burden. But I am not sure the company is out of the woods yet.
    Jun 18 09:01 AM | 6 Likes Like |Link to Comment
  • Romarco Minerals Has Run Too Far, But Keep It On Your Radar [View article]
    Nice analysis have you considered the 15% gross Au & Ag tax depletion rate which lowers the effective rate of taxation quite substantially as it is a deduction from gross income? See US Code 26 sec 613; google percentage depletion gold for the full language
    Jun 6 08:23 AM | 1 Like Like |Link to Comment
  • Vale: Neglected, Undervalued Commodity Firm With 50% Upside Potential [View article]
    Long Vale; A few other points their Canadian position in Nickel copper and PGE (deriving from the Inco acquisition) and strong positions in a number of other commodities in Brazil and elsewhere. Also their thrust into the US market. This may be more of a negative for CLF than a major positive for Vale. But Vale is well positioned to supply the Nucor complex in Louisiana. I agree that Vale is by far the best buy of the major integrated international commodity companies. certainly like their dividend history and coverage also.
    May 1 08:14 AM | 1 Like Like |Link to Comment
  • Avnel Gold Still Has A Lot Of Room To Run [View article]
    Check your figures Mali has 80% ownership? I tghink it has 20% typo should be corrected
    Apr 27 09:32 AM | Likes Like |Link to Comment
  • Rare Earths, It's All About The Heavies [View article]

    would it be fair to say that the Molycorp SX refinery is a LREE separation plant and just about all of the limited amount of mid to heavy rare earths in the Mountain Pass material are sent to China?
    Mar 16 06:35 PM | Likes Like |Link to Comment
  • Rare Earths, It's All About The Heavies [View article]
    OOps thanks for the correction Gareth
    Mar 16 06:27 PM | 1 Like Like |Link to Comment
  • Rare Earths, It's All About The Heavies [View article]
    From a mining and geological perspective the rare earths are not particularly rare there are a large number of known occurrences throughout the world and certainly several in North America that are not bastnaesite mineralogy and hence cerium and light rare earth dominated and hence would be potential sources of the critical (heavy) rare earths

    This article does not mention the two 500 pound gorillas in the rare earth room:
    The high % of thorium in the Lemhi Pass and most other rare earth ores and the very limited amount of refining and separation capacity for the heavy(critical) rare earth elements outside of China

    For someone looking for actual investment versus high risk high return speculation
    I suggest looking at the BASF Rhodia division I am not sure that Rhodia is large enough to move the BASF needle but it does posses the refining and separation capacity and expertise required to produce the necessary material components.

    From the speculative side of rare earth life I am personally long in a number of rare earth companies not including US Rare Earths; I think there are better speculations out there
    Mar 16 10:23 AM | 1 Like Like |Link to Comment
  • Industrial Metals' Dramatic Drops Show Miners Probably Have A Tough Road Ahead In 2014 [View article]
    copper is sold by the pound or ton not ounce. You should correct your copper price
    Mar 11 11:17 AM | 1 Like Like |Link to Comment
  • Metanor Resources - To Consolidate Or To Be Consolidated [View article]
    The Bachelor Lake property is located near Desmaraisville in Qu├ębec, Canada and was acquired by Metanor Resources in 2004 from Campbell Resources. The project currently has a shaft reaching a depth of almost 2,400 feet which allowed Metanor to start developing the slopes at levels 12 and deeper and to conduct an underground exploration program (which is ongoing). The mill capacity was expanded to 1200tpd (even thoug

    Well researched article should be stopes not slopes in the above paragraph
    Feb 26 09:44 AM | Likes Like |Link to Comment
  • Statoil: Strong Buy After Making Game Changing Announcements [View article]
    I have been long this stock for sometime. The shift of the dividend policy if approved is very positive for the stock. Keep in mind that the Norwegian Government owns a majority of STO and the discussion of possible dilution of that ownership still anticipates keeping slightly more than 50%.government ownership. Great stock, nice dividends, good play on currency and I was hoping to buy some more on dips.
    Feb 7 02:20 PM | 3 Likes Like |Link to Comment
  • Cliffs Natural Resources In 1000 Words: Uncertainty Abounds [View article]
    Since you have invested in Vale are you aware that management has stated that they wish to increase their US presence and have you considered the potential effect on CLF which as you demonstrate above is a high cost producer. I am still long Vale. Sold CLF last week
    Feb 4 10:43 AM | 1 Like Like |Link to Comment
  • Ur-Energy: A Low-Risk, High-Return Investment [View article]
    Nazim: Very well reasoned and researched article.
    Dec 25 10:37 AM | Likes Like |Link to Comment
  • Ur-Energy: A Low-Risk, High-Return Investment [View article]

    Nazim very nice, well reasoned and well researched article. I bought in the three dollar range years ago based on fundamentals: resources, long term U market and management and have averaged down since currently average less than a buck.. Still like the fundamentals which have improved with the Pathfinder acquisition and the beginning of actual production.

    Dennison is another U junior worth a look.
    Dec 25 10:35 AM | Likes Like |Link to Comment
  • Yara International: Undervalued Agricultural Giant With A High Yield [View article]
    Stefffen:
    Very nice over view of a company that appears to be worth a good look

    Clemens::
    Very informative comments which added considerably to my interest in Yara.

    I think due to tax treaty the current Norwegian withholding on US citizens is 15%
    Jul 8 08:32 AM | 1 Like Like |Link to Comment
  • Inflation Lags Monetary Expansion: Prepare To Be Swindled [View article]
    Kudos to Brian for a very well researched and written article. I lived through the inflationary era in the 1970s and early 1980s as a young man just starting out and see the similarities to the 1960s when I was in college.

    Currently a very beaten down and I think inflation hedged sector of the market is basic commodities. If you look at China and east Asia; India, Indonesia and the BRICs generally etc.you have large and growing populations moving into the middle class with all the needs and wants that encompasses. The massive decline in the Chinese economy that very short term traders and analysts see is simply a relatively minor and quite gradual change from from an investment driven economy to a consumer economy, these economies will continue to grow at a much faster rate from a much lower base than the developed economies for many years yet.

    I am long on companies such as Vale, Statoil, Royal Dutch Shell, Potash Corp, Cameco & BHP all substantial dividend payers and some others; that will be supplying basic commodities to those economies for the next twenty years. As for gold & silver I have a very minor amount of coins. I am generally playing precious metals with junior producers or near producers; who are again incredibly beaten down. I do not recommend this for the average investor who probably lacks the knowledge or advice to apply the necessary selectivity to junior companies and managements. However there are several mid tier or larger companies such as Agnico Eagle, Gold Corp and even Barrick and Newmont which are also selling at pretty depressed prices in historical terms.
    Jul 7 10:00 AM | 7 Likes Like |Link to Comment
COMMENTS STATS
50 Comments
61 Likes