Category: Metals & Mining
The analysis published under this category are as follows.
Wednesday, April 11, 2007
Molybdenum Mining Stocks? Check with Locals, Natives First / Commodities / Metals & Mining
By: James_Finch
Institutions and investors are climbing aboard as greater interest emerges in molybdenum. The silvery white metal adds anti-corrosive properties to everything from pipelines and power plants to desalination plants, automotive parts and air pollution systems. Find out if the project has permits before jumping into the moly mania. We interviewed Adanac Molybdenum executive chairman Larry Reaugh about the dozens of junior resource companies, which now proclaim they are part of the Molybdenum Bull Market. His company appears as a potential molybdenum producer on the horizon.Read full article... Read full article...
Tuesday, April 03, 2007
Gold Mining Companies - Why larger exploration budgets won't mean higher gold mining output / Commodities / Metals & Mining
By: Adrian_Ash
AS THE TREND for spot gold prices to move higher rolls on, the big gold mining companies keep racing to re-stock their shrinking reserves.Three of the larger gold miners just said they're going to spend record sums trying to find new gold-in-the-ground. Trying to pick the winners – and selecting junior miners on the brink of receiving a hot takeover bid – might just pay off handsomely.
But don't neglect the bigger picture as you chase these short-term M&A profits. "Route One" to growing proven and probable reserves in the ground is more than likely to eat up total exploration budgets in 2008 and beyond.
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Wednesday, March 28, 2007
Sayonora to Gold Stocks - As money flows into Gold ETFS and Funds instead of Gold Stocks / Commodities / Metals & Mining
By: Michael_K_Dawson
I have sold at the bottom far more times than I care to admit. However, if this is another occasion so be it - Sayonara, Au Revoir, Adios Gold stocks.
I purchased my first gold stock, Royal Gold, in May of 2002. At the time, I really didn't know much about gold or gold stocks and had no idea that it was the beginning of a bull market in gold. Royal Gold met the criteria of a screen that I was using at the time and it simply was one of many stocks that popped out. The trade didn't work as I had hoped. After a quick 20% haircut, I sold it three weeks later. This didn't discourage me. As I read more about gold, I realized that something special was in the makings.
The first part of 2003 wasn't much better. I had more losses with Glamis Gold, Agnico-Eagle Mines (AEM) and Anglogold (AU). However, around mid year my fortunes changed for the better. The winners started coming 5%, 10%, 20%, 30%, 250%. Yes, I turned a 250% profit on a trade of Golden Star Resources (GSS). Needless to say, I was hooked at that point.
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Wednesday, March 21, 2007
Stock market and natural resources recovery continues / Stock-Markets / Metals & Mining
By: Clif_Droke
The market indicated its super-oversold condition to us soon after the Feb. 27 sell-off based on volume and put/call ratio indications. The bottom has since been confirmed and Wednesday witnessed the big rally day everyone has been waiting for. The market rewarded our patience on Wednesday by rallying 24 points, or 1.71%, as measured by the S&P 500 index (SPX).
As of Wednesday the number of stocks making new 52-week highs on the NYSE was 239 versus only 19 new lows. The number of new lows over the past week has held consistently below 40, a sign that internal selling pressure is almost non-existent. That's a big positive from a technical standpoint and it proves that the recent damage done by the Feb. 27 panic selling was over-done and bound to be recovered. As of Wednesday we've recovered most of those losses as measured by the SPX.
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Wednesday, March 21, 2007
Investing in Gold Mining Companies - Hispaniola / Companies / Metals & Mining
By: Money_and_Markets
Sean Brodrick : On my way to check out a mine in Hispaniola! - By the time you read this, I'll be flying to the Dominican Republic on the island of Hispaniola. I'm not going there for rest and relaxation. Instead, I'll be investigating a small mining company. It's exploring a rare spot where gold is literally laying on the ground just waiting to be scooped up!
I'm in a hurry to see this place in person. Especially since gold looks ready to move past $800 an ounce. More on why in a moment.
First, let me tell you about my golden ticket to the Dominican Republic. Let's start with a little background …
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Wednesday, March 14, 2007
Subprime mortgage companies continuing collapse to benefit Gold stocks / Commodities / Metals & Mining
By: Ned_W_Schmidt
GOLD THOUGHTS : New York, which considers itself the center of the known universe, has discovered a solution to collapsing mountain of mortgage debt. NYSE is delisting NEW. Strategy of out of sight out of mind works for them. Amid this collapse of mortgage related stock prices and business models, Street analysts are showing their skills. One of these fantasy forecasters lowered NEW to "under perform" on Monday.
Talk about forecasting ability. The mortgage bomb de jour for Tuesday is LEND, down from almost $60 to $5. This one also downgraded to "under perform" by a talented analyst on Monday, and the price target of $26 was discarded. Interestingly, in most of these meltdowns some hedge fund seems to be identified as holding a major position. Pity the poor individual investors, the ultimate beneficiaries of this combined ineptness.
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Monday, February 26, 2007
Analysis of Gold and the XAU Index Ratio Charts / Commodities / Metals & Mining
By: Tim_Wood
It has been a while since I have talked about ratio analysis and because of a few developments of late, I thought that this may be a good time to do so. First, let me begin by explaining to those that may not understand, a ratio chart is calculated by simply dividing one stock or commodity by another.
This in effect then shows us the "Relative Strength" of the two. We can then take this analysis one step further by comparing the ratio chart to the underlying stock or commodity and even applying indicators to the equation. Let's take a look at a few examples.
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