metals, mining, and more......

[Aman A.K.A. Ahamburger]

Jan 9, 2017 12:37:16 GMT -5 djAdvocate said:

2016 was actually a good year for wages.....

but i would rather talk about mining.  i get enough of this discussion "elsewhere". 

my portfolio hit a new high on Friday.  i was up almost 80% in 2016.

of course, i was DOWN in 2015, so i had some catching up to do.......

footnote: to be clear, i am done being the dewey-eyed optimist.  that is why my post volume is down 60%.  i am going to work hard, capitalize on my advantages, and retire rich.

Well, I wouldn't call myself dewy eyed, I have experienced enough in my own life to know the kind of $#'/ life throws at ya. However, if you're optimistic by nature you'll get back there, trust me.

For the record, I was talking about wages in other countries. To support a middle class there is nowhere for their wages to go but up. It balances everything out. The USA is the "best of the worst," has been for years. ‎ Some people refuse to accept this, and the fact that North America leads what comes next. It is what it is. 

The more I think about mining and infrastructure, the more I think about CAT!

[djAdvocate]

CAT is good.  if you like the mainline industrials Cummins is also goo.

UUUU is +15% this morning.  if anyone bought this for a short term pop, now is the time to bail.  it is +25% in less than a month. 

[djAdvocate]

omg.  unanium is coming completely unhinged today.  about half my holdings are up OVER 10%.

wtf is going on?? 

[Aman A.K.A. Ahamburger]

I got looking at CAT last night. It popped nicely last year... current metrics says it's expensive.

I was also looking at UUU, had been meaning too since you brought it up.. It's like an LLC?

The rebound in commodities probably is the biggest factor in your current uranium riches....

www.smh.com.au/business/mining-and-resources/uranium-worlds-worst-commodity-in-2016-20170106-gtn5fc.html

beta.theglobeandmail.com/globe-investor/investment-ideas/uranium-slump-is-far-from-over-but-analysts-say-glowing-future-still-likely/article33542648/?ref=http://www.theglobeandmail.com&service=mobile

now is the time to bail.  it is +25% in less than a month

Bimetalaupt has a saying that was passed to him that I intend on passing along: I always made money because I sold too soon.

It's been interesting over the past couple weeks. The euphoria over Trumps win has faded, and now earning are coming into light. This is always a fun time of year.

[djAdvocate]

i'm not selling, Aham.  but i am extremely reluctant to recommend anything, therefore, when a 25% return happens in less than a month.....

yeah, i am saying sell it, and take your 25%.

me?  i am holding.  i am looking for ca:u (URPTF) to go to $5+  that is going to drag up the uranium juniors by about 2x that.  including UUUU.

[Aman A.K.A. Ahamburger]

I still don't get what UUU is... The share price isn't listed anywhere, and according to Bloomberg it's been bought out buy a Russian numbered company.

URPTF looks interesting. "invests substantially all of its assets in uranium oxide in concentrates (U3O8) and uranium hexafluoride (UF6) (collectively uranium), with the primary investment objective of achieving appreciation in the value of its uranium holdings through increases in the uranium price".. Fancy way of saying we are trying to effect the price of Uranium??

[djAdvocate]

it is UUUU, not UUU.  ENERGY MINERALS.  it was up near $2.40 this morning, but it is back to unchanged, now.

DNN is up another 11% this morning.  this one is in my son's college fund, so it is nice to see it popping.

URPTF is up 5% today.  i just put in a limit order to sell 1/4 of my shares at $4.05  that seems like a long way away, but it was 50 cents lower a week ago, and 70 cents lower two months ago, so things can change quickly.

sold some shares in PUMGF this morning at 0.126.  i still have a large amount of this on hand, however.

AREVA, CIP is still utterly in the doldrums.  this might be a good place to pick that one up.  ARVCF, priced at $5.50  i bailed on this stock a while back after a big runup.

i think CCJ is also reasonably priced at 12, and has a lot of support there, but i don't own any.

i have a bunch of junior mine shares in foreign companies, but they are a bitch to trade, so i will skip mentioning them.  but one i really like, and can still recommend is Capstone.  it is selling for $1.11 this morning.

disclosure: i own all of these miners, other than CCJ and Areva, and have for a long long time (in some cases, almost a decade).

[Deleted]

Jan 9, 2017 12:37:16 GMT -5 djAdvocate said:

2016 was actually a good year for wages.....

but i would rather talk about mining.  i get enough of this discussion "elsewhere". 

my portfolio hit a new high on Friday.  i was up almost 80% in 2016.

of course, i was DOWN in 2015, so i had some catching up to do.......

footnote: to be clear, i am done being the dewey-eyed optimist.  that is why my post volume is down 60%.  i am going to work hard, capitalize on my advantages, and retire rich.

[Aman A.K.A. Ahamburger]

It's good to see that you cashed in on a pick Dj. Also, I apologize greatly for missing the last U on the pick.(Again, nice work on the recent picks!) I have to say, I do see what D23 is saying.

I was reading today that the French govt(majority shareholder) had to inject cash into Areva again because things aren't good?? Plus there is the whole Europe is screwed thing we discussed earlier?

It's nice to see that PE Trump stopped short of announcing stimulus. Hopefully we see a P3 structure down the road. Thing is, PE Trump knows the USA has a debt and interest rate issue, so the rumors of a giant infrastructure plan the way we know it could be greatly exaggerated. Regulations and taxes first. Open up the floodgates of coal, natural gas, and shale while cutting imports...

For some reason I'm a big fan of Westmoreland Coal.

[djAdvocate]

Jan 11, 2017 21:39:05 GMT -5 Aman A.K.A. Ahamburger said:

It's good to see that you cashed in on a pick Dj. Also, I apologize greatly for missing the last U on the pick.(Again, nice work on the recent picks!) I have to say, I do see what D23 is saying.

i don't.  maybe you can help me understand.  is he saying "once an optimist always an optimist"?

I was reading today that the French govt(majority shareholder) had to inject cash into Areva again because things aren't good?? Plus there is the whole Europe is screwed thing we discussed earlier?

AREVA has really been struggling.  that is why i sold it.  so that one is speculative.

It's nice to see that PE Trump stopped short of announcing stimulus. Hopefully we see a P3 structure down the road. Thing is, PE Trump knows the USA has a debt and interest rate issue, so the rumors of a giant infrastructure plan the way we know it could be greatly exaggerated. Regulations and taxes first. Open up the floodgates of coal, natural gas, and shale while cutting imports...

For some reason I'm a big fan of Westmoreland Coal.

i used to like Peabody, until they got sued.  now, i don't think much of coal.  there is a tide working against it.

but i like nuclear.

[djAdvocate]

gold is sharply higher after hours, and the hangseng is -133 points.

this year is off to a very good start.

[Aman A.K.A. Ahamburger]

He's saying(at least my guess is), dude! You have crushed it! Most strive for 10% gains and you're up 2x + that. At the very least, take the gains and let the original investment ride. Don't be dewy eyed here, you're saving for your retirement.

The media has portrayed coal's mismanagement of the China boom as the industries death due to wind and soalr. And unfortunately because of their mismanagement, there was a ton of pain in the industry. After Peabody came out of restructuring last year... the kash that was made on that run... There are something like 1500 coal plants at some point of construction and or planning around the world. They have also discovered that coal can be used instead of silicon. The Kempler(sic) facilities in Mississippi, and the Boundary Dam in Saskatchewan are examples of the future of coal.

The thing that gets me about uranium is that we lack the reprocessing facilities, and the plants never seem to be taken care of properly. I'm sure this isn't just a nuclear problem, but because of the dangers surrounding the reaction... that leaking plant in Massachusetts for instance.

China's credit market is taking an absolute pounding, worse than last year.. when you factor in President Trump's non infrastructure talk with this.. www.marketwatch.com/story/feds-bullard-says-trump-fiscal-plans-more-about-2018-2019-2017-01-12 it could very well be setting up for a good year for gold.

[djAdvocate]

yeah, i agree with you.  uranium recycling is really smart, and a good trend, and we are way behind on it.

my metals are trading even this morning.  uranium down, gold up.  dow down 157.

[Deleted]

Jan 12, 2017 9:22:38 GMT -5 Aman A.K.A. Ahamburger said:

He's saying(at least my guess is), dude! You have crushed it! Most strive for 10% gains and you're up 2x + that. At the very least, take the gains and let the original investment ride. Don't be dewy eyed here, you're saving for your retirement.

The media has portrayed coal's mismanagement of the China boom as the industries death due to wind and soalr. And unfortunately because of their mismanagement, there was a ton of pain in the industry. After Peabody came out of restructuring last year... the kash that was made on that run... There are something like 1500 coal plants at some point of construction and or planning around the world. They have also discovered that coal can be used instead of silicon. The Kempler(sic) facilities in Mississippi, and the Boundary Dam in Saskatchewan are examples of the future of coal.

The thing that gets me about uranium is that we lack the reprocessing facilities, and the plants never seem to be taken care of properly. I'm sure this isn't just a nuclear problem, but because of the dangers surrounding the reaction... that leaking plant in Massachusetts for instance.

China's credit market is taking an absolute pounding, worse than last year.. when you factor in President Trump's non infrastructure talk with this.. www.marketwatch.com/story/feds-bullard-says-trump-fiscal-plans-more-about-2018-2019-2017-01-12 it could very well be setting up for a good year for gold.

Exactly!

[djAdvocate]

Jan 12, 2017 12:38:00 GMT -5 @jma23 said:

Jan 12, 2017 9:22:38 GMT -5 Aman A.K.A. Ahamburger said:

He's saying(at least my guess is), dude! You have crushed it! Most strive for 10% gains and you're up 2x + that. At the very least, take the gains and let the original investment ride. Don't be dewy eyed here, you're saving for your retirement.

The media has portrayed coal's mismanagement of the China boom as the industries death due to wind and soalr. And unfortunately because of their mismanagement, there was a ton of pain in the industry. After Peabody came out of restructuring last year... the kash that was made on that run... There are something like 1500 coal plants at some point of construction and or planning around the world. They have also discovered that coal can be used instead of silicon. The Kempler(sic) facilities in Mississippi, and the Boundary Dam in Saskatchewan are examples of the future of coal.

The thing that gets me about uranium is that we lack the reprocessing facilities, and the plants never seem to be taken care of properly. I'm sure this isn't just a nuclear problem, but because of the dangers surrounding the reaction... that leaking plant in Massachusetts for instance.

China's credit market is taking an absolute pounding, worse than last year.. when you factor in President Trump's non infrastructure talk with this.. www.marketwatch.com/story/feds-bullard-says-trump-fiscal-plans-more-about-2018-2019-2017-01-12 it could very well be setting up for a good year for gold.

Exactly!

like i say, i have really high expectations. 

[djAdvocate]

i'd pick up more UUUU at $1.95

it has massive support at $1.90

[Aman A.K.A. Ahamburger]

Jan 12, 2017 12:38:00 GMT -5 @jma23 said:

Jan 12, 2017 9:22:38 GMT -5 Aman A.K.A. Ahamburger said:

He's saying(at least my guess is), dude! You have crushed it! Most strive for 10% gains and you're up 2x + that. At the very least, take the gains and let the original investment ride. Don't be dewy eyed here, you're saving for your retirement.

The media has portrayed coal's mismanagement of the China boom as the industries death due to wind and soalr. And unfortunately because of their mismanagement, there was a ton of pain in the industry. After Peabody came out of restructuring last year... the kash that was made on that run... There are something like 1500 coal plants at some point of construction and or planning around the world. They have also discovered that coal can be used instead of silicon. The Kempler(sic) facilities in Mississippi, and the Boundary Dam in Saskatchewan are examples of the future of coal.

The thing that gets me about uranium is that we lack the reprocessing facilities, and the plants never seem to be taken care of properly. I'm sure this isn't just a nuclear problem, but because of the dangers surrounding the reaction... that leaking plant in Massachusetts for instance.

China's credit market is taking an absolute pounding, worse than last year.. when you factor in President Trump's non infrastructure talk with this.. www.marketwatch.com/story/feds-bullard-says-trump-fiscal-plans-more-about-2018-2019-2017-01-12 it could very well be setting up for a good year for gold.

Exactly!

What can I say, I'm a Known Conformist. (Best. Signature. Ever.)

[djAdvocate]

ok, this is not technically a metal, but it is an alloying element: Manganese.

this is a VERY speculative play, but this company has some interesting stuff going on: AMYZF

they have a proprietary process for recycling lithium from lithium ION batteries that apparently has basically 100% recovery.

so, this is a Manganese play, but also a play for battery recycling.  currently priced at 20 cents, my target is 49 cents.

[djAdvocate]

what an amazing week.  Dennison was up another 10% today.  another week like this would free up a lot of cash. 
Capstone fell back.  UUUU was back up again today.   URPTF is still rising.

this sector has gone nuts since the election.

[djAdvocate]

quick question- is Barclays utterly useless, or just congenitally stupid.  here is their advice desk last May:

TICC Capital stock price target cut to $4 from $5 at Barclays

this stock never went below $5 after the announcement, paid $0.58 in dividends, and ended the year at $7.

seriously- who hires these people, and do they have to give any fingers or toes for typing this crap?

[Aman A.K.A. Ahamburger]

Speculating share prices a year out can be crazy hard, I know I don't try to. I think there is also a big turnover rate.
I understand what you mean though.

As for speculation, yours has paid off nicely, yep! Crazy with the retirement money as far as I'm concerned. Take those gains and look at a uranium reprocessing plant, big opportunity there, agreed.

I do have to say though, I'm intrigued by the lithium recycling company. Have to check that out when not so tired.

[djAdvocate]

it is pure speculation, but there is a lot to like about AMYZF.

as to the retirement crazy, keep in mind that i don't really need the stocks for my retirement.  i own two commercial buildings, and that is where about 80% of my assets are parked.  so, i only need the stocks for "supplemental" retirement income, much in the same way i am choosing to view SS.

i should also say that not ALL of my stocks are this speculative.  i am not even sure half of them are.  but i would say that for my age group, i am probably in the very high risk category. 

[Aman A.K.A. Ahamburger]

At 10% of your retirement in speculative plays I want to say you're in the minority, but if I went and looked, I bet it would actually be not bad at all.

The fact you are in control of that speculation probably puts you ahead of the curve to be honest.

AMYZF... They have a new hire, DR.(can't remember his name right now), which is a positive. My only thing is that Energizer is already ahead of the game, and AMYZF was supposed to make money of the magnaees in the battery supply line and failed to deliver, or "changed focus" as they say. It kind seems like a dog with fleas?

[djAdvocate]

Jan 17, 2017 0:02:47 GMT -5 Aman A.K.A. Ahamburger said:

At 10% of your retirement in speculative plays I want to say you're in the minority, but if I went and looked, I bet it would actually be not bad at all.

The fact you are in control of that speculation probably puts you ahead of the curve to be honest.

AMYZF... They have a new hire, DR.(can't remember his name right now), which is a positive. My only thing is that Energizer is already ahead of the game, and AMYZF was supposed to make money of the magnaees in the battery supply line and failed to deliver, or "changed focus" as they say. It kind seems like a dog with fleas?

i don't know that expression.  what do you mean?

[djAdvocate]

i checked out your energizer link, and i am not sure how it relates to AMY.  what AMY is doing is recycling lithium.

edit: don't think i am being dismissive.  i am INTERESTED in what you have to say.

[Aman A.K.A. Ahamburger]

A dog with fleas means that the company really isn't looking very good at all.

I'm thinking that Energizer is looking at lithium recycling as well. Energizer also has lots of cash and scientists that figured out how to recycle old batteries. Now, the one thing here is AMY's new Dr. on board and the fact they could very well be a target for a buyout. If ENR were to expand their recycling abilities, that makes ENR a very long term play.

[djAdvocate]

Jan 17, 2017 0:19:06 GMT -5 Aman A.K.A. Ahamburger said:

A dog with fleas means that the company really isn't looking very good at all.

I'm thinking that Energizer is looking at lithium recycling as well. Energizer also has lots of cash and scientists that figured out how to recycle old batteries. Now, the one thing here is AMY's new Dr. on board and the fact they could very well be a target for a buyout. If ENR were to expand their recycling abilities, that makes ENR a very long term play.

my understanding is that AMY's process is proprietary.  Energizer might be a buyer.

that is actually the angle here.  apart from just assets in the soil, which AMY also has plenty of.

suit yourself, but i am pretty confident about the intermediate prospects for AMY.

if i am wrong about it, you can tease me later. 

[djAdvocate]

PS- although US markets were closed today, Canadian markets were open.  Uranium traded down, and gold was up.

Capstone fell sharply.

[Aman A.K.A. Ahamburger]

That's the thing with metals: gold and silver are a hedge. The rest are commodities that don't like when China starts trading down limit...

More later though. I gotta get some rest. Have a good one, DJ.

[djAdvocate]

not sure what you meant by "trading down limit".

but i am tired too.  night.