jjsto Posted July 29, 2011 Share Posted July 29, 2011 Thanks for the reply. My feeling was that if they define 1B+, finish the scoping study, and secure off-take agreements on favorable terms the stock could be worth more than the royalty. But, I guess it doesnt really matter since the market is valuing the royalty at 0 anyway. The fact that they own both definitely puts them in a favorable position. I think this is the stock I feel most comfortable with in my portfolio in terms of risk/reward. I added these last couple of days as well. Link to comment Share on other sites More sharing options...
Guest Dazel Posted August 2, 2011 Share Posted August 2, 2011 RGLD- hit another 52 week high today...It is nice to see that even in this environment Altius' cash and marketable securities is not only holding tough but growing...it would be a very nice suprise to see some of the other gold holdings they have get some notice...including the potential royalty holdings. Dazel. Link to comment Share on other sites More sharing options...
Guest Dazel Posted August 2, 2011 Share Posted August 2, 2011 http://www.mbironoreindex.com/ iron ore prices continue to rise....you would never know it if you read any news in north america! Dazel Link to comment Share on other sites More sharing options...
cwericb Posted August 3, 2011 Share Posted August 3, 2011 Interesting interview in MacLean's Magazine with Peter Munk (Barrick Gold) on mining and Canada. Says that Canada can be the world centre for the mining industry and also some interesting comments about Chinese future demand. http://www2.macleans.ca/2011/07/27/on-immigrant-dreams-the-importance-of-failure-and-why-the-future-belongs-to-canada/ Link to comment Share on other sites More sharing options...
Guest Dazel Posted August 3, 2011 Share Posted August 3, 2011 cwericb, Thank you for the article it was a great read. I would recommend Peter Munk's autobiography. I t is a tough read because his business history is something else. Interesting that he said he was anti gold bug and that is how he built his business! If you look at his deals in the 80's, they were historic. He sold futures right at the top and avoided the fall out of the 20 year decline in the gold price. I will be looking for a similar pattern this time around...when smart money starts hedging the gold price into the future that is. Barrick bought out their hedges a couple of years ago for about $3 billion. So he is betting long on gold for now. Dazel. Link to comment Share on other sites More sharing options...
Guest Dazel Posted August 3, 2011 Share Posted August 3, 2011 http://finance.yahoo.com/news/Alderon-Metallurgical-iw-2155562494.html?x=0&.v=1 Alderon moving forward. Dazel. Link to comment Share on other sites More sharing options...
Liberty Posted August 3, 2011 Share Posted August 3, 2011 http://finance.yahoo.com/news/Alderon-Metallurgical-iw-2155562494.html?x=0&.v=1 Alderon moving forward. Dazel. I don't understand all the technical stuff, but it seems like good news just based on this: "The positive metallurgical results are another significant step in bringing the Kami Project into operation," says Brian Penney, Chief Operating Officer of Alderon. "The concentrate particle size distribution indicated by the testwork demonstrates that magnetic separation will provide a concentrate acceptable for market demands. The concentrate is expected to have very low deleterious elements with phosphorous being less than 0.01% and alumina at only 0.20%. Manganese is within acceptable range at 0.75%, which will allow for the broadest possible market for the Kami product as it is well below the critical 1% cut-off." Link to comment Share on other sites More sharing options...
jjsto Posted August 3, 2011 Share Posted August 3, 2011 Strange that Alderon would be down 8% on the same day as the news release... Link to comment Share on other sites More sharing options...
Liberty Posted August 3, 2011 Share Posted August 3, 2011 Strange that Alderon would be down 8% on the same day as the news release... My guess is people are selling stocks that are seen as 'risky' pretty indiscriminately these days.. Link to comment Share on other sites More sharing options...
jjsto Posted August 4, 2011 Share Posted August 4, 2011 Here are two recent forward sale contracts of 62% iron-ore. The article also gives some cost break-downs for their mine. Not that it is all-that relevant to Altius... http://finance.yahoo.com/news/Palladon-Ventures-CML-Update-iw-466721180.html?x=0&.v=1 Link to comment Share on other sites More sharing options...
jjsto Posted August 7, 2011 Share Posted August 7, 2011 Morabito interview: http://www.cbc.ca/labradormorning/episodes/2011/08/04/alderon-resources---second-summer-of-exploration-in-labrador-west/ Link to comment Share on other sites More sharing options...
Liberty Posted August 8, 2011 Share Posted August 8, 2011 Thanks for posting jjsto! Link to comment Share on other sites More sharing options...
biaggio Posted August 8, 2011 Share Posted August 8, 2011 Altius Minerals Corporation (TSX:ALS) Reports an Expanded Exploration Alliance With Cliffs Natural Resources http://finance.yahoo.com/news/Altius-Minerals-Corporation-ccn-3399152944.html?x=0&.v=1 Link to comment Share on other sites More sharing options...
Guest Dazel Posted August 9, 2011 Share Posted August 9, 2011 Great news...they have said in the past that they thought the Voisey Bay nickel belt extended further...and they talk about some of this with regards to their royalty in the area which covers a lot more than the current reserve estimates for the mine. Interesting that they are expanding iron ore activities with Cliffs as well...many analysts have speculated that Cliffs is a potential buyer of Alderon as it is next door to their newly acquired Thomson Consolidated. It would make more sense to buy Altius outright and therefore gain control of Alderon for basically free. I do not know if they are that smart at Cliffs...but that is what I would do...keeping Dalton as a big part of the Cliffs organization. They would be stealing it even at a 50% to 60% premium today. Dazel. Link to comment Share on other sites More sharing options...
biaggio Posted August 9, 2011 Share Posted August 9, 2011 Dazel thanks for the update. Listen, you gotta stay quiet, you re going to give CLiff or other s ideas, I am just getting into ALS-I was hoping for more than 50% gain over the long term. Closed at $10. ($284 million mkt cap= no debt + $200 m in cash/securities + Alderon/all royalties) Link to comment Share on other sites More sharing options...
naboo Posted August 9, 2011 Share Posted August 9, 2011 Dazel thanks for the update. Listen, you gotta stay quiet, you re going to give CLiff or other s ideas, I am just getting into ALS-I was hoping for more than 50% gain over the long term. Closed at $10. ($284 million mkt cap= no debt + $200 m in cash/securities + Alderon/all royalties) Only 50% gain over the long term? If so, I will sell ALS right away. Link to comment Share on other sites More sharing options...
goldfinger Posted August 9, 2011 Share Posted August 9, 2011 Dazel thanks for the update. Listen, you gotta stay quiet, you re going to give CLiff or other s ideas, I am just getting into ALS-I was hoping for more than 50% gain over the long term. Closed at $10. ($284 million mkt cap= no debt + $200 m in cash/securities + Alderon/all royalties) Only 50% gain over the long term? If so, I will sell ALS right away. He said stealing ;D Link to comment Share on other sites More sharing options...
Guest Dazel Posted August 9, 2011 Share Posted August 9, 2011 the fed is saying buy "real assets".....for 2 years or you will 0 return... good spot to hide here at Altius. Dazel. Link to comment Share on other sites More sharing options...
naboo Posted August 11, 2011 Share Posted August 11, 2011 Altius says with $190m in cash to spend http://www.mineweb.com/mineweb/view/mineweb/en/page66?oid=133091&sn=Detail&pid=102055 Link to comment Share on other sites More sharing options...
Liberty Posted August 11, 2011 Share Posted August 11, 2011 I was just about to post that. Nice confirmation of my thesis that Altius can have great opportunities both in the up and down cycle. Link to comment Share on other sites More sharing options...
Liberty Posted August 12, 2011 Share Posted August 12, 2011 I was wondering if Dazel or any of the other Altius fans had taken a look at Cliffs (CLF)? After a quick glance, they seem fairly cheap, though they are much bigger than Altius (and thus probably more efficiently priced) and have more capex exposure because of their model. Just trying to learn more about them, not necessarily thinking of buying some.. Curious to know what others who've had a look think. Thanks. Link to comment Share on other sites More sharing options...
Guest Dazel Posted August 16, 2011 Share Posted August 16, 2011 We love Cliff's....enough to swap our Altius shares for theirs at a good enough premium! Cliffs was Peter Cundill's greatest investment...he bought and 1980's sold out and bought again after the 1987 crash. Dazel. Link to comment Share on other sites More sharing options...
Guest Dazel Posted August 16, 2011 Share Posted August 16, 2011 Altius continues the buy back nice to be sitting on a mountain of cash! http://canadianinsider.com/coReport/allTransactions.php?ticker=ALS The restrictions on the number of shares they can buy is hurting the amount they can buy back daily. However, slowly but surely. Dazel. Link to comment Share on other sites More sharing options...
naboo Posted August 18, 2011 Share Posted August 18, 2011 Alderon's Presentation, they even have a Chinese version http://alderonmining.com/investors/presentations/ They are working hard to attract Chinese investors. Link to comment Share on other sites More sharing options...
Guest Dazel Posted August 22, 2011 Share Posted August 22, 2011 http://www.mbironoreindex.com/ metal prices have stayed very high...Alderon will have high prices to use for its scoping study which should be out soon. Dazel. Link to comment Share on other sites More sharing options...
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