SAN FRANCISCO -- Purple rain, on me.
Colt Resources: Nikolas Perrault, CEO of the Portugal metals prospector and winery owner, tells us he will be in a position shortly to release more news. Like, what, I am going to sell at this price; are you schmatta?
Schmatta is a theme I keep hearing from one of my touchstones in this business: that New Jersey lady who owns the gold-tungsten-Middle East-ploy stock, GTP-Canada, at four times the current 9-cent Canadian price. Tell us about it. If something fails to transpire at Colt's Portugal properties real soon, hombres, to quote le artiste, 'I can't give it away on 7th Avenue.' Let's hope for all our sakes that Mr. Perrault's Colt (TSX: V.GTP, Stock Forum) does that schmatta-to-riches 'thang.
Just off the cable-modem horn with one of those hedge fund managers who still are sinking their money into tiny companies -- smaller than $500 million market size. Ross Silver is in Bend, Oregon, for Vista Partners Global. Seven years under these young turks' belts and thus far, Vista is keeping its head above the horizon. That's a miracle this year of 2014: VICIOUS for "small-cap" and micro-cap companies. I just sent Vista's latest take on one of its holdings, our very own Sysorex Global (OTO: SYRX, Stock Forum), to TCR Blips members. It is worth a look; ping me if you are not in the $20 TCR Blips list and I will jet-stream it to you.
Also: look for Sysorex execs. to start purchasing their own stock any day now. When investors start feeding on tiny company shares that look to RECREATE their industries, as Sysorex seems to be doing with computer resellers, integrators and AirPatrol-Shoom wizardy, those shares they buy at $1 USD today will become a SUCCESS, and not their current SUCKCESS.
This Just-in. Mr. Bieber is invited to our Cambodiaall-in tour February 2015. We are hoping the Canadian Beebs wants to line up with one of the most progressive operators in SE Asia: Angkor Gold (TSX: V.ANK, Stock Forum). Angkor's Delayne Weeks is just closing out a Singapore appearance at Bloomberg's annual corporate responsibility forum for "extractives" -- otherwise known as miners and prospectors.
Delayne says Oxfam, the charitable foundation, was there, along with Shell, the oil company. Oxfam is staging a Cambodia conference on social good in the corporate world for July 2015. That is the start of rainy season in the Kingdom. Ms. Weeks tells us Bloomberg will start tracking the company's mining results and its community efforts in Cambodia. Topics in Singapore -- see this page.
By the by, I know most of the buyers of ANK shares this week (and ANKOF in USA). I was one -- add it to the pile. Angkor Gold shares, since our November drop-in to Cambodia with CEO Mike Weeks and special guests (China, India, Canada), are trading at almost 4 times their average daily pace.
Owie! Owie! Not really what Mike Jones is saying up there in British Columbia, but existing shareholders might feel scabbed. Mr. Jones just secured a nice loan facility ($40 million) from Sprott Resource Lending. Also what one in the biz calls a "bought" private placement of stock to raise even more money. All of the cash, more than $110 million, is project financing for PLG's South Africa platinum mine. "Painful but important – major owners will support and drive ahead," Mr. Jones tells me. The equity sale is at 53 cents USD, which is where the stock is trading. Owie-mommy! -- for now. Yo, Miranda: What doesn't hurt you makes you platinum. I own a lot of Platinum Group Metals at higher prices. (PLG in USA and PTM in Canada)
LIVING IT UP
-- Mushrooms in the NYT -- see article please.
-- Where WILD, the film just out, was really filmed in Pacific Northwest, USA -- see article; gorgeous landscape in this one, and the screenplay is spot-on with the rough-and-tumble first-person narrative from Cheryl Strayed, who was 26 at the time she began her trek.
-- Best-worst USA states; how is it the so-called "least healthy" states in this silly survey are the ones where I have plenty of friends? Louisiana, Arkansas? See survey.
-- VISAs for USA citizens entering Bolivia? Oh, OK. If you say so. If that is what it takes to see Prophecy Coal/Development's Pulacayo silver deposit, well, I am in. Smile: Colombia, in contrast, is a breeze for Americans -- no VISA needed for the Andean nation. This will be my 21st or so visit to Colombia since 2007, when I returned to Medellin, Antioquia, after having lived there -- was it treinta años atras? Quien sabbe?
-- Thom Calandra
Thom Calandra & TCR are researchers and investors. They are not registered investment advisers, nor do they wish to be. The research and material they offer to subscribers are meant as editorial opinion.
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