This is what we will learn next week. In part, our profits will derive from what we learnedthis week, or last year:
- Transactions work. They take time, but they work. In mining, Kinross (TSX: T.K, Stock Forum) and Underworld Resources (TSX: V.UW, Stock Forum) -- $140 million Canadian. Kinross first staked itself to Underworld’s Yukon project by purchasing shares in June 2009. Next week: Respect for other Alaska prospectors, including Fire River Gold (TSX: V.FAU, Stock Forum) and its Nixon Fork gold mining project. In generic drugs: Teva Pharmaceuticals (NASDAQ: TEVA, Stock Forum) and Ratiopharm – 3.2 billion euros. Pills are a commodity, too. Germany’s Ratiopharm has been on the block at least since January 2009. That was when a train struck and killed billionaire Ratiopharm International investor Adolf Merckle, who was despairing from massive Volkswagen short-sale losses.
- Dividends work. One day, we’ll awaken to a stock dividend world where payment is made in gold, silver, platinum and so on. “I think it is inevitable as long as commodity prices keep rising,” CEO John Shanahan of Revett Minerals (TSX: T.RVM, Stock Forum) tells me. “We can make a case for issuing silver rounds to shareholders who respect the value of hard assets.” Revett and its Troy Mine and Rock Creek silver prospect in Montana are nowhere near close to issuing such a dividend. But other companies that might be close: Coeur D'Alene of Idaho and gold miner Red Back Mining (RBI) of Ghana. Says Robert Archer of Great Panther Silver (TSX: T.GPR, Stock Forum), which just turned a $1 million profit on its Mexico properties: “Many companies will argue that it is more beneficial to shareholders for the company’s cash to be re-invested in growth-oriented activities such as production and resource expansion and/or acquisition that should, in theory, lead to an increase in share price. This is why most junior companies don’t declare dividends. While GPR would like to be in a position to pay dividends in the future, there is no specific policy in place at the moment.”
- Press releases that represent bona-fide partnerships work. Such is the case today with Enterprise Oilfield Services (TSX: T.E, Stock Forum), a long suffering company, or shall we say stock, that we have been following for almost a year. Enterprise of Alberta just struck a four-year $25 million contract with a Canada power company, clearing the air in terms of growth requirements and work flow across its bread-and-butter, or pipelined western Canada. The stock rose Friday. “Our sector is most definitely coming off the bottom with respect to increased activity,” Des O’Kell of Enterprise tells me. “On the oilfield side, good consistent oil prices have really made the difference coming into 2010.”
- Harry Miller’s Clifton Star Resources (TSX: V.CFO, Stock Forum) might find itself the feather, or star, in joint-venture partner and bulk-tonnage doyenneOsisko Mining’s (TSX: T.OSK, Stock Forum) market cap. Please see what we learned this week. Ticker Trax makes the case for a 110 percent to 130 percent further gain in shares of Clifton Star Resources.
- Sometimes, no news is good news. Such is the case with Colombian Mines (TSX: V.CMJ, Stock Forum), whose properties I have become intimately familiar. I hope to see CMJ’s Cerro de Cobre copper prospect near Bogota in two weeks. CMJ shares are in parabola.
- Ticker Trax is preparing a report on Wits Gold (TSX: T.WGR, Stock Forum), whose expansive prospects in South Africa’s Wits Basin I saw earlier this year. Wits on Friday released a scoping study for the De Bron section of its prospective holdings (tied to agreements with larger miners) that well might go down in the history of the Basin as a key to the gate of the world’s most prolific gold deposits. The independent scoping study on De Bron, which is located between Harmony’s Merriespruit and Joel Mines, estimates peak production of 118,000 ounces of gold a year at a yield of 4.4 grams per ton. During a 16-year life, the mine would produce 1.4 million ounces. Please see the study.
InvestFest 2010
InvestFest in Las Vegas – Join Stockhouse for a drink on the house June 4 at InvestFest.The gathering will feature investment masters who are making headway in today's marketplace. I’ll be there – talking about commodities such as molybdenum, Ghana gold, Colombia gold, Mexico silver, South African platinum … and generic drugs.
The event is called InvestFest 2010. Please visit: www.stockhouse.com/products/investfest2010.
WHEN: June 3 to June 6.
WHERE: Green Valley Ranch Resort, Las Vegas, Nevada. That’s a five-star resort minutes from the Vegas strip.
Special Offer to Ticker Trax subscribers: $197. Please book your resort rate as well by calling 1-866-782-9487. Quote: InvestFest. See you there, I hope.
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Ticker Trax™
Please see tickertrax.comto learn more about this wealth service and its 12 Planetary Prospects. Also, see its breakout feature examinations of several Colombia gold and copper prospectors. One of those 12 Prospects, Colombian Mines (CMJ), is in parabola. Subscribers, please click here for password-secure Ticker Trax. Thom Calandra and family own each of the 12 Prospects. These include CMJ and GPR. He and his family also own $600 worth of Revett Minerals, which is not a Planetary Prospect. They are longtime shareholders of Teva Pharmaceuticals.
HOLDINGS: Thom’s holdings are listed for all Stockhouse members at 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 and shares of a number of public and two private companies: Ivanhoe Nickel & Platinum in Africa and an Internet company called Mobyling. Thom owns each of the 12 Planetary Prospects in Ticker Trax.
THOM CALANDRA of Ticker Traxhelps his audience find value in a quagmire of investment choices. Thom started CBS MarketWatch andMarketWatch.com. As the voice of Thom Calandra's StockWatch and The Calandra Report, Thom pegged sub-$300-ounce gold as a long-term hold in year 1999.
All photos by Thom Calandra
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Ticker Trax™ is published by Stockhouse Publishing Ltd. 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 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 2010 all rights reserved.