Note: These items were first published for Ticker Trax™ subscribers on Monday, May 4.
Ignore these alloys and you might as well deliver your regrets right now:
- Specialty or miners’ metals are melting up – and they can take the heat. “Rhenium has a melting point of 3,100 Celsius,” mineralogist and CEO Peter Reeve of Ivanhoe Australia tells me today (Monday). “It stays ductile at that high heat and probably resists oxidizing better than almost any other metal.” Reeve and recent IPO Ivanhoe Australia (IVA in Australia) are atop what they say is a massive molybdenum and rhenium discovery down under. Reeve is just back from an Istanbul conference on miners’ metals. “The theme was how applications are accelerating. Big planes getting bigger. Jet engines getting faster, hotter. Reactors becoming massive. Lighter, stronger pipelines,” says Reeve. “Alloys, mate.” The talk of the Turkey conference, says CEO Reeve, included lithium, rhenium, titanium, molybdenum and cobalt.
- Receptive commodities markets likely will lead investors toward the few deep discounts left out there. One of them is a closed-end fund that stakes itself to home province Saskatchewan in Canada. Saskatoon’s Tom MacNeill tells me there are very few ways to get a piece of high-risk and early-stage energy and commodity ventures – potash, iron, energy, uranium -- in his neck of the woods. His 49 North Resource Fund (TSX: V.FNR), since I last shared a pizza with Tom at the Bermuda Investment Conference in late March, has more than doubled in value yet still sells at a discount to the asset value of its private and public holdings. “Saskatchewan never really developed a way to capitalize on its resources,” MacNeill says. “We know our mining better than most, but left our money markets in the rear.” He’s set to change that. The 49 North Resource Fund just named Joe Martin of Cambridge House to its advisory board. “I view my role on this board to advise on strategic matters related to my background in the province of Saskatchewan and to my business background,” Mr. Martin told me today. Joe and his company stage weekend mining exhibits for investors, the latest in – you guessed it – Saskatoon this coming Saturday. It’s called SaskRocks. Please see Cambridgehouse.com for more.
- Finally, Ticker Trax™ subscribers now have possible answers to questions about why that energy company the newsletter has been highlighting is n ow triple its price of several months ago. Ivanhoe Energy shares are an Instant Value selection for Ticker Trax subscribers. (The “Energy” shares – IE in Canada and IVAN in USA – are an Instant Value candidate for Ticker Trax subscribers. For other IV and Planetary Prospects, please see password-protected Ticker Trax. )
That is all for now.
I would like to point out that we here at home own no shares – zero – of any Instant Value candidate researched and presented in Ticker Trax, and that includes zero shares of publicly-traded Ivanhoe Energy, Ivanhoe Mines and Ivanhoe Australia. IVs are meant as trading vehicles for qualified subscribers who cannot resist the ins and outs of daily or weekly electronic trading.
We here at home are buy-and-hold investors of our five Ticker Trax Planetary Prospects, which include silver and gold miners, a moly prospect and a life-sciences company – all of them high risk for qualified investors. If you have any doubts or questions, please call me or e-mail me at thom.calandra (at) stockhouse.com and I will send you a copy of all of our public holdings and brokerage statements. Our family’s holdings also are listed at Stockhouse in real time. (Editor: Please feel free to browse www.Stockhouse.com under the “portfolio setting” for user TCALANDRA. It is public and free to view right here.)
Thank you!
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Ticker Trax™
Please see tickertrax.com. Our fifth Planetary Prospect, a Mexico silver miner, is out of the bag for subscribers. Our latest complete issue of Ticker Trax – No. 9 – is fresh off the press.
Endeavour Gold has postponed its silver mine tour in Guanajuato, Mexico, a trip I was scheduled to take this week. Shares of Endeavour (EXK and EDR) are rising smartly above our Planetary Prospect purchase prices. I hope to attend The Money Show in Las Vegas early next week, along with Jason Hommel of Silver Stock Report, who will be selling silver “rounds,” or coins, at the show. None of the people in these reports compensate me in any way for the information or research or quotations they provide.
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THOM CALANDRA in 27 years of road work has helped his audience find value in a quagmire of investment choices. Thom co-founded CBS MarketWatch andMarketWatch.com. As the voice of Thom Calandra's StockWatch and The Calandra Report, Thom pegged $300-ounce gold as a long-term hold. Thom visits bioscience companies, metals mines and energy companies in a search for reliable sources.
HOLDINGS: Thom’s holdings are listed for all Stockhouse members on www.Stockhouse.com under the “portfolio setting” for user TCALANDRA. It is public and free to view. He and his family own recently minted gold and silver coins. They own all five Ticker Trax Planetary Prospects, including BioCryst Pharma, Central Fund and Endeavour Silver.
Ticker Trax™ is published by Stockgroup Media Inc. Ticker Trax is an information service for subscribers and neither Stockhouse nor Thom Calandra is a broker or an investment advisor. None of the information contained therein constitutes a recommendation by Mr. Calandra or Stockhouse/Stockgroup Media that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. Ticker Trax does not purport to tell or suggest the investment securities subscribers or readers should buy or sell for themselves. Subscribers and readers of Ticker Trax should conduct their own research and due diligence and obtain professional advice before making any investment decisions. Ticker Trax will not be liable for any loss or damage caused by a reader’s reliance on information obtained in the reports. Subscribers and readers are solely responsible for their own investment decisions. Opinions expressed in Ticker Trax are based on sources believed to be reliable and are written in good faith, but no representation or warranty, expressed or implied, is made as to their accuracy or completeness. All information contained in Ticker Trax should be independently verified. The editor and publisher are not responsible for errors or omissions or responsible for keeping information up to date or for correcting any past information. Ticker Trax does not receive compensation of any kind from any companies that may be mentioned in the report. Any opinions expressed are subject to change without notice. Owners, employees and writers may hold positions in the securities that are discussed in Ticker Trax. PLEASE DO NOT EMAIL THOM SEEKING PERSONALIZED INVESTMENT ADVICE, WHICH HE CANNOT PROVIDE. Copyright 2009 all rights reserved.