The Calandra Report: When paper profits are rare as antimony

THE CALANDRA REPORT: Sample & Subscribe

Now $129 yearly!


*Coming: A thomcalandra.com home for our expanding TCR faithful; including benefits, secrets and subscriber-only scoops.

SYRX | CBX | GTP | RZZ

If you are making paper money this week, you belong in the rare-elements listings that we reference here, along with graphite, tungsten and antimony.

Still, take a look at these TCR galatials:

SYSOREX GLOBAL HOLDINGS (OTO:SYRX, Stock Forum) is active and rising Tuesday. The computer system integrator's stock is difficult to purchase in size. The next sales report, possibly showing fresh business from unit AirPatrol, will come approximately August 15, 2014. It is SYRX in USA. We anticipate SYRX on NASDAQ tripling its market worth in coming months.

MALARTIC GOLD: Golden Valley Mines (TSX:V.GZZ, Stock Forum) and Abitibi Royalties (TSX:V.RZZ, Stock Forum) sent shareholders and the public further information about the ongoing legal claims that Abitibi has against Agnico-Eagle/Yamana Gold. This is regarding the CHL Malartic joint venture with attached net smelter returns and working interest in Quebec.

See:https://stockhouse.com/news/press-releases/2014/08/05/ian-ball-appointed-president-of-abitibi-royalties-update-on-canadian-malartic-2. Abitibi Royalties will get the upper hand soon, be it in arbitration hearings or in court. RZZ and GZZ in Canada. Ian Ball, a Robert McEwen mining acolyte, is new RZZ president. Abitibi Royalties has 11 million shares out and is difficult to purchase. I own about 25,000 shares and likely will hold until the market worth matches the contained in-ground value of its joint-venture properties adjacent to Canada's largest gold mine, Malartic. That's about four to five times the current stock price of $2.75 CAD.

ANTIMONY: Director Richard Shemesian at Apollo Minerals in Australia is looking at the investment construct that antimony , which is ranked at planet earth's No. 3 most critical metal -- higher than graphite -- on the attached British Geological Survey. The silver and gray chemical element soon might enjoy the equity gains of certain graphite developers, according to Richard's thought process.

Recent graphite gainers include Northern Graphite and to a lesser magnitude, our TCR researched Nouveau Monde Mining (TSX:V.NOU, Stock Forum).

I know little about antimony except for the vague recollection that it is used in alloys along with lead. It also is found in fire retardants. China is definitely the largest producer and probably the largest user of the chemical, which is found on planet Earth in the sulfide known as

Mr. Shemesian at iron ore, gold and copper prospector Apollo (AON in Australia) is looking at Artemis Resources (ARV down under); Artemis is 1. the subject of a recent antimony
report; and 2. so tiny, there are many zeros before the first stock price digit. "Hi. I'd like to purchase 2 million shares. Now is that $2,000 total or $200 AUD?"



On graphite, as our TCR audience knows, we were spot-on with Mason Graphite (TSX:V.LLG, Stock Forum) in Quebec exactly one year ago; we made money with Benoit Gascon's mid-stage mining project. We look to do the same with Nouveau Monde, which is highly speculative and in negotiations to sell or partner-out its graphite property in Quebec. Diamonds are next up for NOU.

Knowing little about industrial or specialty metals and commodities, I had to go kicking and screaming into Mason's graphite dynamic. Meeting Mr. Gascon, a Quebecois veteran of the graphite wars, helped a bit. I found him aloof but intensely knowing about the business of mining and selling graphite flake to a range of customers.

I must apologize to Cam Birge, a longtime TCR family member and diligent researcher and writer, for entirely dismissing Northern Graphite's (TSX:V.NGC, Stock Forum) narrative and fundamentals potential for the past 18 months. To compensate in part for the oversight I present these two links:

https://www.angelnexus.com/o/web/61372

https://www.greentechmedia.com/articles/read/Is-This-the-Site-of-the-Tesla-Giga-Battery-Factory-in-Nevada

Simon Marcotte at Mason Graphite works with Mr. Gascon, formerly of Timcal Graphite & Carbon and one of North America's pioneers in the way graphite is customized, graded and sold to scores of buyers with sharply different needs, and across many products (alloys, batteries, paints, chemicals). Simon says one factor that makes graphite singular is a mine's varying degrees of flake size, or quality levels.

This is so with most things carbon, including coal and diamonds.

TUNGSTEN: On that geological rarity survey, tungsten is near the top. We will leave it to experts to explain to you the China dynamics of the critical alloy and the element's use across technology products. (High temperature melting point makes tungsten necessary in filaments, in rocket-engine nozzles, in mobile phones, in vacuum tubes.)

On the European tungsten front, Colt Resources' Nikolas Perrault sketches some facts into our Portugal tungsten project developer's fresh assay release -- 3 fresh holes reported a week ago. This is Colt Resources (GTP in Canada). It is one of our TCR 6.

These early tungsten assays in so-called resource-expansion exploration drilling seem to reinforce the notion that Colt's northern Portugal tungsten project can maintain or improve its current resource grade of 0.55 percent tungsten per metric ton.

Mr. Perrault tells me from Lisbon that the a verage grade of tungsten mines operating in Europe is probably about 0.3 percent or less. I present the fresh holes from the Tabuaço project here.

Colt shares are infuriating, perhaps more so than most I follow or own. The company is doing everything it must do to build a tungsten mine in the north, and a gold mine in the south. Its political connections are impeccable. Portugal desires fresh jobs.

Colt has experimental mining licenses. It is close to working up bankable feasibility studies for both gold and tungsten projects. The drilling performed for the sake of resource expansion by Colt and its team, all based in Portugal with their families, is solid, almost non-stop and clever. The press releases are mostly plain and educational, with little frill.


Finally, both projects are late-stage development projects that are nearly next-door to excellent roads, rail, shipping, workers and so on.

I don't know what it will take to get Colt shares going again, but when they do, I will be rich. One thing that might have shaken out longtime stockholders is Colt's growing interest in Pakistan and possibly Afghanistan. I understand why Europe-centric metals investors might bail on those countries.
I am in for Portugal.


Maybe it is time for Mr. Perrault, a Portugal-based Quebecois with links to real estate ventures in the former Portuguese colony of Cape Verde, to hand over leadership of the company to a mine builder. Very little back from Nikolas on that topic except for a simple "mais oui."

But of course.


Here are the gap assays from those three fresh holes and from one previously reported:

Hole	Hole?Inclination	Hole?Azimuth	From?(m)	To?(m)	Drilled?Length (m)	True?Thickness?(m)	Grade?% WO3
DHT-88	-90	000	100.80	104.80	4.00	3.94	0.45
			116.60	122.60	6.00	5.91	0.58
DHT-113	-60	315	97.5	108.5	11.00	9.38	0.34
			114.5	118.5	4.00	3.41	0.36
			123.57	138.52	14.95	12.75	0.72
			144.54	151.54	7.00	5.97	0.49
DHT-114	-73	315	84.45	88.80	4.35	4.10	Pending
			89.25	91.22	1.97	1.86
			105.87	116.77	10.90	10.27
			121.38	121.98	0.60	0.57
			123.93	124.30	0.37	0.35
			125.82	133.16	7.34	6.91
DHT-115	-45	315	113.40	133.00	19.60	13.65	0.49
			139.60	140.85	1.25	0.87	0.35
			148.75	168.65	19.90	13.86	0.28
			178.85	182.65	3.80	2.65	0.54

NEW ORLEANS: See special offer link and earlier report. This is almost always a buzzing show.




Buying: More SYRX below $3.80 USD. See upstairs. ... More BCRX -- a quarterly sales report and corporate update are out today at BioCryst Pharma. The conference call replay is worth a listen. ... Just bought 35,000 shares of Greg Smith's Calibre Mining (CXB in Canada), which I used to own on the promise of its copper and gold projects in Nicaragua. ... More NuLegacy Gold (NUG in Canada) on the promise of our Nevada triumvirate: NUG, GSV (Gold Standard Ventures) & PLG (Pilot Gold).


THE CALANDRA REPORT: Sample & Subscribe

Now $129 USD!