Seeking Alpha

hackenzac

hackenzac
Send Message
View as an RSS Feed
View hackenzac's Comments BY TICKER:
Latest  |  Highest rated
  • Update: Great Western Minerals Reports Strong Q2 Earnings [View article]
    Shoddy analysis to say the least. The first thing I noticed was the magnet making contention and I thought since when? Instead of year over year which is one furnace against two, you should look at the quarter to quarter results and the trend for LCM is not good. Their revenues are down. Their margins are eroding. They had a 1.1 million dollar net loss. As the man says, they require partnerships and they'd better make them fast. They only have about ten mil in the bank with at least 60 mil in debt while operating at a net loss with LCM which was supposed to be a cash cow by now. From the quarterly: "Future growth will continue to be dependent on the Company's ability to obtain the necessary rare earth materials at competitive pricing. The Company is working with its customers to identify sources of raw material to meet their short-term demands until the SKK project is developed and production is achieved"
    Isn't the market for raw materials awash? Why would they be working with customers to identify sources of raw materials? Shouldn't they be working with suppliers? Why can't they get competitive prices on raw materials now? It's pretty obvious that somebody is putting the squeeze on them and if LCM is losing money with fully commissioned furnaces, something they didn't have a year ago, and with inputs at rock bottom prices, as low as they're going to go, pray tell how you figure that their earnings are "strong". They're not earning at all. They're losing and their revenues are decelerating.
    Aug 17 01:05 PM | 1 Like Like |Link to Comment
  • Great Western Minerals Has Too Much Upside For REE Speculators To Ignore [View article]
    There is also the high risk issue of ongoing litigation between RARECO and former contractors and/or employees that could keep the financiers away for the foreseeable future.
    Aug 13 11:46 AM | 1 Like Like |Link to Comment
  • Why You Should Sell 3D Systems And Buy Stratasys [View article]
    Actually, for additive manufacturing Protolabs PRLB is looking might fine. They don't make 3D printers. They buy them and use them to make quick turn around prototype parts for designers and engineers. They reported today and they killed their numbers.
    Jul 24 12:37 PM | 2 Likes Like |Link to Comment
  • Focus Graphite Is Highly Undervalued And Positioned To Profit From Rising Graphite Demand [View article]
    Yeah, but, they can't supply the gigafactory if 90% of their production is already spoken for in an offtake to China. In my estimation, Northern Graphite is better positioned for the Tesla business at this time. When I first invested in graphite three years ago, I couldn't decide between Focus or Northern and I still think they'll both do well but I never was interested in being invested in a China supplier and I'm still not so it's Northern for me but I do like that Graphoid business.
    Jul 12 11:02 PM | 3 Likes Like |Link to Comment
  • An Interview With Texas Rare Earth Resources' Anthony Marchese [View article]
    I'm not clear as to their final product. Is it mixed treos or do they have a separation plan? Also, considering that they're going to heap leech a mountain down in hopefully better style than the Chinese do it, the "relatively easy access to water" thing could end up being not so easy. They'll need a lot of it and there doesn't look to be much surface water to draw off of. I would skeptical on reliable access to well water over a 20 year mine life in a super parched state like Texas. In a dust bowl situation which is quite possible, wells have a way of drying up and/or not adequately recharging. To my cursory examination, water is the critical control point. Do they really have enough?
    Jul 9 09:33 AM | 3 Likes Like |Link to Comment
  • An Interview With Ucore Rare Metals' CEO Jim McKenzie [View article]
    http://buswk.co/v0XSHs
    Jun 28 03:09 PM | 2 Likes Like |Link to Comment
  • An Interview With Ucore Rare Metals' CEO Jim McKenzie [View article]
    By my conjecture worth somewhat less than two cents, it appears to be a family feud due to unequal inheritance. My understanding is that Mary's claims aren't part of the mine plan due to low mineralization and her own intransigence. I don't know who's shafting who but it doesn't appear to be sticking to the company or McKenzie. It seems to be a Dotson family matter compounded by anti outsider bias, in this case, allegedly schmooze talking Canadians. If she has a real case, she can always sue but with unanimous political backing, no Juneau lawyer is likely to take it on. The "Billion Dollar Mountain" piece from Business Week is worth a read if you never have. It covers the feuding sisters angle which is apparently ongoing. Too bad. The entire family should be getting rich off of this mine development share and share alike.
    Jun 28 02:45 PM | 2 Likes Like |Link to Comment
  • An Interview With Ucore Rare Metals' CEO Jim McKenzie [View article]
    That's Heather Herndon posting, Red Dotson's grand daughter. Mary Dotson is her mother and she, like her mother, has an ax to grind apparently. Google 'Heath Herndon Alaska'. She appears to be an offshoot of the what about Mary? question.
    Jun 28 12:00 PM | Likes Like |Link to Comment
  • In-Depth Interview With Natcore's CEO And Director Of Research And Technology [View article]
    What about the tandem technology they were promising? I didn't see any discussion on that. Is it still viable?
    Jun 19 01:26 PM | 1 Like Like |Link to Comment
  • An Interview With Ucore Rare Metals' CEO Jim McKenzie [View article]
    The thing I'm curious about is Solid Phase Extraction. It's been almost 2 years since they announced their bench results and their plan to use it. Where's the pilot plant?
    Jun 16 02:03 PM | 2 Likes Like |Link to Comment
  • eBay Shareholders - Stand Up And Be Counted [View article]
    There's an ebay sellers mutiny going on. It seems that they don't know who their customers are. They've turned into a nanny state run by algorithms. I have tens of thousands of vintage items sold on ebay since 1997 and I've moved to etsy. The only reason they've hit their numbers is because they raised their fees drastically and PayPal is a monopoly. I hold the company in the lowest regard since I've been using them and I would never buy their shares.
    Feb 27 09:23 AM | 3 Likes Like |Link to Comment
  • An In-Depth Conversation With Natcore CEO Chuck Provini [View article]
    Solid. This is an impressive small cap. One of these sovereign wealth deals sounds intriguing and even better, logical. And the technology, also logical and it's easy to understand the math. It's almost like one of those no brainers we've heard so much about but alas, I am just a dog.
    Jan 19 02:22 PM | Likes Like |Link to Comment
  • Uranium Miners Outperforming In 2013 May Be Just The Beginning [View article]
    Jeb,
    What do you think about Ucore as a uranium play? The U is in their name afterall. Does it make sense to start Ross-Adams start back up?
    Dec 24 05:12 AM | Likes Like |Link to Comment
  • Senate Bill Sets Stage For Significant Upside In Molycorp And U.S. Rare Earths [View article]
    Wrong. So wrong, it's not worth my time to counter your argument. Study more and get smarter. You need to.
    Dec 11 03:17 PM | Likes Like |Link to Comment
  • Senate Bill Sets Stage For Significant Upside In Molycorp And U.S. Rare Earths [View article]
    If there's any US rare earth company that has an inside track with the USDoD and US "stockpiling" initiatives, former generals and senators not withstanding, it's Ucore.
    US Rare Earths, uree, has serious opposition from the natives. That whole Devil's Tower area is sacred ground and I doubt that pemitting is going to be all that speedy and smooth for them.
    Is this a rare earth article or a thorium one? Thorium as a widespread civilian nuclear fuel is still pretty much science fiction at this time and why would anyone open a thorium specific mine when it's an undesirable byproduct of ree mining by in large? Steenkampkraal is much closer to thorium production for example than anything with potential in North America. Is anyone even talking about a thorium shortage?
    As for mcp, the one thing that they do have going for them is cash flow with their costs going down and rare earth prices likely bottomed but their suite of light rare earths isn't all that strategically important in terms of easy availability. It's the heavy rare earths that the "complex" is worried about and the quickest route to those goes through Bokan Mountain in Alaska. Ucore doesn't need a Tommy Franks or an ex senator. The have current senators going to bat for them.
    Since you mention Jack Lifton, he was a short winners list for rare earth production in the US and neither uree nor mcp makes his cut.
    Dec 10 04:29 PM | 6 Likes Like |Link to Comment
COMMENTS STATS
218 Comments
204 Likes