BUTTE, Montana – Shares of Avanti Mining Inc. (TSX: V.AVT, Stock Forum) are rising after months of moly slip-and-slide. A fresh report is just out on the minor metal, as steel additive molybdenum is called.
“I think there are many signs that we are turning the corner,” financier A J Ali of British Columbia’s Avanti says. Mr. Ali is Avanti’s financial officer and is known for his pioneering work as a coal and ore financier.
The price of molybdenum at $15.40 a pound ($32,000 U.S. per metric ton) 
is up a couple of dollars in June. (Please see 15-day contract chart per metric ton.) The London Metals Exchange’s dollar value of moly and cobalt futures surpassed $100 million U.S. in May; this is three months after fresh futures contracts debuted. (LME web site has fresh prices.)
Avanti Mining is developing the Kitsault Moly Mine in Canada. Ticker Trax™ reviewed the property and named the small company a research candidate and Planetary Prospect.
It has been a rocky road for moly miners and prospectors … until this week, when nearly all moly equities (Canada, Colorado, and so on) shot higher.
Shares of Avanti at 13 cents Canadian are down by more than 50 percent from their 52-week high. (We here at home added to our stake in Craig J. Nelsen and A J Ali’s Planetary Prospect™ in June at 11 cents and 12 cents a share. We now own more than 1 million Avanti shares.)
A J Ali tells us a CPM Group report released published late last week probably is the reason for the higher moly company prices. The report by New York City-based Catherine Virga looks for higher moly prices, perhaps into the mid-$20s a pound, into 2013. “The CPM reports are quite expensive … but they put their forecast on the line every time; they have deep research and fierce convictions,” Mr. Ali says.
A J Ali has his work cut out for him. He intends to attract a moly processor into the Avanti fold, perhaps securing a life-of-mine agreement in exchange for a percentage of Avanti’s asset value. At present, Avanti has almost 400 million shares outstanding, giving it a $40 million market value. “We are well under way with our announced feasibility study for the mine,” he says.
TIMBERLINE RESOURCES Corp. (TSX: V.TBR, Stock Forum) and (AMEX: TLR, Stock Forum) : Our review of Timberline Resources’ Butte Highlands developing gold mine in Montana brought us to the 9-month-fresh portal of a tunnel that likely will quintuple the small Idaho company’s market worth in the next year to 18 months.
Timberline Resources is a drilling contractor with designs on gold mining in Montana and Idaho. We are collecting research notes and interviews/photos from our Ticker Trax™ survey of the Butte Highlands mine, which looks to be producing in 2011. The investor peg for the Montana and Nevada prospector is this: an ‘in-house’ mine developer, namely Ron Guill’s SMD (Small Mines Development of Boise, Idaho), is guiding CEO Randy Hardy and geologist-chairman Chief Paul Dircksen’s Timberline into thick and thin gold veins. Mr. Guill’s tools of choice: advanced equipment such as robotic arms and wireless cement sprayers and his team’s grizzled intelligentsia.
Oh, and his deep-pockets capital backing of Timberline. Little known squib: Paul Dircksen tells us Timberline owns a sizeable percentage of Peruvian gold prospector Rae Wallace Mining Co. (OTO: RAEW, Stock Forum). “Rae Wallace is a window into South America in terms of exploratory drilling services and small mine development,” he says. RAEW shares just started trading in the USA.
We here at home do not own shares of Timberline, which trades in the USA and Canada. We also do not own shares of Rae Wallace. (A fresh report on the company is in preparation for Ticker Trax subscribers.)
ENDEAVOUR SILVER CORP. (TSX: T.EDR, Stock Forum) and (AMEX: EXK, Stock Forum): The Mexico silver and gold producer continues to see its shares outpace those of other Mexico silver companies. Our No. 3 guy at Endeavour Silver adds his take to the company’s seemingly lush gold grades just unveiled at its Guanajuato property. Hugh Clarke of Endeavour Silver tells us from British Columbia, “Our results will add more high- grade reserves and resources there. In addition, we'll fast track development there and bring this zone into the mine plan fairly quickly. This allows the mine manager more flexibility, more efficiency and smoother mining on a larger scale. We have a comprehensive drilling program on all five properties this year.” (Endeavour Silver is a Planetary Prospect of our Ticker Trax service. We here at home own shares.)
THESE VIDEOS are from a recent MoneyShow appearance in Las Vegas. Click and view:
Giving Up on Paper Currencies https://www.moneyshow.com/video/video.asp?wid=5811&t=3&scode=019215
Wall Street Reform for Analysts? https://www.moneyshow.com/video/video.asp?wid=5814&t=3&scode=019215
Why Hard Assets? https://www.moneyshow.com/video/video.asp?wid=5812&t=3&scode=019215
For more on all 12 Planetary Prospects, please visit our Ticker Trax Library.
Ticker Trax™ is in place – and thriving – because its fiscal loyalty is to subscribers who are looking for radically cheap investments. Our service, started in November 2008, researches a select group of Planetary Prospects with legitimate shots at rising 1,000 percent or more in the span of two years, maybe less and maybe more.
- We hope you out there in the Stockhouse audience consider joining our expanding service, now in its 18th month. It is at www.tickertrax.com. Ticker Trax costs money. Needy wanna-be subscribers can petition Stockhouse with a plea and a suggested price for the $399 service at members@stockhouse.com.
Thom Calandra owns stakes in each of the Planetary Prospects. Opportunities on our research plate include … (Texas, Wyoming, Colombia, Nevada).
Ticker Trax™
Please see Stockhouse for a selection of our Ticker Trax research and our password-protected library for subscribers. Please see our Ticker Traxpassword-protected library for coverage of copper in Peru, gold in Peru, gold and copper in Colombia, gold in Ghana and silver in Mexico.
(All photos by Thom Calandra. Thom and his family own shares of each of the 12 Planetary Prospects. Thom’s personal holdings are available for all to see on Stockhouse, the Canada publishing company. Subscribers are informed well in advance of any shift in research regarding Planetary Prospects and any purchase or sales decisions.)
Ticker Trax™Please see tickertrax.com to learn more about this wealth service and its Planetary Prospects. For an index of free Thom Calandra articles, please click here. For an entire explanation of our strategies, research methods and disclosure procedures regarding all aspects of Ticker Trax and our Stockhouse reports, please visit our readily available Stockhouse articles. Please see this one in particular: Core Box Revealed. Thom Calandra’s on-site tours of properties are paid in part by the hosting companies and in part by Stockhouse and Thom Calandra. For the password-protected Ticker Traxlibrary, please see: www.tickertrax.com/Login.aspx.
HOLDINGS: Thom’s holdings are listed for 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 about 30 public and two private companies.
THOM CALANDRA of Ticker Trax helps his audience find value in a quagmire of investment choices. Thom co-founded CBS MarketWatch and MarketWatch.com. As the voice of Thom Calandra's StockWatch and The Calandra Report, Thom pegged $300-ounce gold as a long-term hold in 1999 and in 2000. He has been covering life-sciences and natural resources since 1988.
Thom Calandra and Stockhouse produce this and other free reports. Please visit www.Stockhouse.com.
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.