These are a round of thank-you’s weatTicker Traxsend to thought leaders: the resource professionals who alter or improve our knowledge base.
There are several compelling investment ideas here as well. So:
- Thank you, Jim Simpson & Tyrone Docherty at Golden Odyssey Mining (TSX: V.GOE, Stock Forum)for keeping me at speed on the rise in tungsten and tellurium prices. Tungsten carbide prices rose as much as five percent this week in China when availability shriveled for APT, a necessary production agent for tungsten at smelters. Tellurium’s price, say consultant Jim and CEO Tyrone at Deer Horn, British Columbia, prospector Golden Odyssey, since year 2000 has been volatile to the extreme, quintupling in one stretch. The element is among the (truly) rarest on earth and sees use in semiconductors, solar panels and machine-capable alloys. See coverage via Stockhouse.I do not own the shares.
- A confirmation thank-you to Frank Holmes and his firm’s U.S. Global Investors World Precious Minerals Fund. That fund owns 2.6 million of the 73 million GOE outstanding shares.
- A thank-you to CEO Thomas Klein at Golden PhoenixMinerals (OTC:BB: GPXM, Stock Forum) for his hard-nosed approach to royalty mining, to multiple-jurisdiction strategies and to chin-to-chin negotiating. Thank you as well for Mr. Klein’s heads-up on the Shining Tree mining district in Ontario, Canada. Didn’t know that one. No confirmations yet in terms of this tiny company’s investment potential. I am going to see one of Golden Phoenix’s active jurisdictions this weekend (in Nevada) with a small group of bare-knuckled investors. Golden Phoenix’s company presentation is instructive. I do not own the shares. But this could be a Millrock Resources redux.
- Millrock Resources (TSX: V.MRO, Stock Forum) – I must thank Brien Lundin, the Gold Newsletter writer and New Orleans conference guy, for swinging me by the Millrock booth the other day in San Francisco. “I am not a fan of project generator models,” Brien whispered to me as we meet with the company’s Gregory Beischer, “unless it is done well with a who’s who of operators, Kinross (NYSE: KGC, Stock Forum), Teck, Valdez, Inmet (TSX: T.IMN, Stock Forum), Altius.” Brien Lundin was among the first to start covering the company in 2007, he says. “It was my best call ever,” he said. Millrock stakes swaths of land in Alaska and Arizona, hoping to hit gold and copper of great size. “Look, porphyry exploration is expensive,” says Greg B., CEO and president of Millrock. “Each hole can cost $300,000 or more to drill. So when we get a Valdez Gold (TSX: V.VAZ, Stock Forum) to earn up to a 75 percent stake by spending $6 million, we think that is meaningful.” I do not own Millrock shares.
- Peter Megaw goes into that category of contact I label middle-aged doctorate-trained geologist who returns my calls and e-mails.He is a pleasure to be with on site. His specialty is Mexico silver.Based in Tucson, where I attended graduate school at the University of Arizona, Peteris into skarns and epithermal vein deposits. He is credited with several sizeable silver discoveries down south – Mag Silver’s Juanicipio-Fresnillo, Zacatecas, Platosa among ‘em. As a director, Dr. Megaw’s latest project is Minaurum Gold (TSX: V.MGG, Stock Forum). I say thanks to Peter not just for being responsive. He is a file cabinet of cross references. Minaurum’s flagship, for instance, is the Aurena Gold Project in Mexico, which is classified as a pro-grade skarn deposit and thus, “low tonnage and high grade like Hedley in Canada and Fortitude in Nevada.” He’s handy with the Spanish, too. Adelante. I do not own the shares. More on Dr. Megaw: Recent article.
I have more thank-you’s in Ticker Trax. Consider subscribing.
Note:Thom Calandra owns none of the stocks in this report.
Ticker Trax™Please see tickertrax.com to learn more about the subscriber service. For an index of free Thom Calandra articles, please click here. For an explanation of our strategies, research methods and disclosure procedures regarding of Ticker Trax and our Stockhouse reports, please visit our readily available Stockhouse articles at Stockhouse.com. Please see: Stockhouse articles – Core Box Revealed. Companies whose site tours I attend for research purposes pay part or all of my airfare and hotel. 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 owns shares of about 30 companies.
THOM CALANDRA of Ticker Trax helps his audience find value in a quagmire of investment choices. Thom was founding editor of MarketWatch, CBS MarketWatch and FT MarketWatch. He was the voice of Thom Calandra's StockWatch and The Calandra Report. Thom has been covering life-sciences and natural resources since 1988.
Ticker Trax™ is published by Stockhouse Publishing Ltd. Ticker Trax is an information service for subscribers and neither Stockhouse nor Thom Calandra nor Danny Deadlock is a broker or an investment advisor. None of the information contained therein constitutes a recommendation by Mr. Calandra or Mr. Deadlock 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 and Thom Calandra and Danny Deadlock do not receive from any companies that may be mentioned in Ticker Trax. Some of those companies are advertisers or clients of Stockhouse, the publisher. Xtra-Gold Resources was at one time a preferred client of Stockhouse for investment relations, marketing and other commercial but not editorial services, which are never guaranteed. 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 SEEKING PERSONALIZED INVESTMENT ADVICE. Copyright 2010 all rights reserved.