Official Short-term Investments Thread

[djayz]

Speaking of Denison...anyone accumalating at this level?

My shares were converted and my avg is pretty low but the SP is coming pretty close. I remember the $12 range this stock was trading at not to long ago and I dont see what has changed other then a rotten market.

[Canmorite]

Haha the CEO of T.GCE was just on BNN.

[Rat Fink]

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[Z_Fan]

Originally posted by Rat Fink
SNO is looking horny this morning.

Yup. Sure is. I bought back in the thirties (high ofcourse) but I sold it just now cuz I have faith it will drop to low forties. LOL!

[Rat Fink]

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[Rat Fink]

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[KappaSigma]

Rat, no more posts. :)

[Z_Fan]

Well DAMN! I was hoping SNO was going to run...and it didn't! I was thinking if it could hold the .50 mark, once it got to .51 or .52 it would just shoot.

So disappointing.

[Rat Fink]

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[aaronck]

A quick question on online brokers...is selling usually more expensive than buying? They want over double the usual commissions for selling

[Rat Fink]

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[aaronck]

TD waterhouse...
Because my portfolio is under 100k, I pay $30 to buy, and 30, or 1.5% to sell, whichever is higher...I'd REALLY prefer to go somewhere more reasonable

[Rat Fink]

.

[Rat Fink]

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[Mark_Nguyen]

I have had a lot of money on quebecor and today it finally announced good news. Bought it at 0.22 awhile back and its up at .41.

[Z_Fan]

Originally posted by Rat Fink
Did you buy back in?

No. I didn't.


Originally posted by Rat Fink
Well Z_Fan....if you bought in this morning...that's why we might be seeing low .40s today. HAHA

Every penny is a $3190 swing for me. I'm stamping my foot here. If you point your ear towards Medicine Hat, you might be able to hear it. haha.

Today is not my fault. I swear!

Beside, if I would have bought in at 48 or so, I'm sure it would be in the thirties by now. You seriously under estimate my powers!!!


Originally posted by Mark_Nguyen
I have had a lot of money on quebecor and today it finally announced good news. Bought it at 0.22 awhile back and its up at .41.

Yeah, this one is funny. This morning I sold pretty much ALL my holdings that I have been hanging onto for a long time. But I didn't sell any of my IQW. I've been out all morning, but came home to see IQW up %95 today. I put all my proceeds into one stock.

I kept my IQW. Not sure why. But I did. Too funny.

I have 20,500 shares. Not a lot. But my average is pretty low. I'm thinking of selling. But maybe not. I'll probably put in a stop loss and hope for the best. I bought my last 10,000 at .23. <smile>

[l/l/rX]

what do you guys think about IQW? you think it can make a come back? they're under review for possible de-listing...shaaaaaaaaaaady. BUT they did release some really good news.

[Z_Fan]

I think Quebecor will do fine. I know lots of people who print with them, and who will continue to print with them. They have tonnes of business, all they need is to be successfully managed. The fact they have inked contracts with their key players is a huge deal. I think this stock will continue to go up.

[l/l/rX]

Originally posted by Z_Fan
I think Quebecor will do fine. I know lots of people who print with them, and who will continue to print with them. They have tonnes of business, all they need is to be successfully managed. The fact they have inked contracts with their key players is a huge deal. I think this stock will continue to go up.

you guys probably won't know the answer to this, but what is the de-listing decision based on? do they meet with the managers/ owners of IQW talk to them, base it off their next few weeks' of performance? or what?

[bigbadboss101]

Snow sale is on :-)

[Z_Fan]

OMFG

I just made a huge mistake. HAHAHAHAH, I sold my IQW shares because I thought I had clicked "STOP LIMIT" and didn't. So it sold my shares much cheaper than it should have. Hahah.

FUCK ME TWICE! Cost me over $1000.00 because I clicked the wrong button. Wow. Lesson learned.

[Z_Fan]

Still shaking head.

:rolleyes:

*FAWK* *FAWK* *FAWK*

Oh well, Rat can you hear me yelling? I guess not, cuz at $3190 per cent on SNO, that's $19,140.00 today from the high. So my $1,000.00 loss due to my stupidity is minor compared to that. Hahahahahhahaha...

Never done that before though. Whoa. I would have thought that RBC would have sold it at market anyhow. Not the number I put in. I mean, if I put in 0.036 instead of 0.36 wow...wow...wow...

[Z_Fan]

Yeah, and so what really pisses me off is that I didn't want to sell my IQW. I was thinking it might shoot up tomorrow morning. My plan was to basically have a trailing stop loss which I would adjust as the stock went up. The only reason I noticed they were gone is because I was going to change the stop to 0.41.

I wish RBC had the functionality to do trailing stop losses automatically.

Has anyone ever done this before? I'm pretty upset about it. Rant rant rant. My actual loss on the day based on close due to my little fuckup was $1,640.00 but that amount could be trivial compared to what I lose tomorrow when the stock goes to $.60.

Anyhow, you guys can thank my last minute SNO purchase to make the close .44 from the .425 it was at. That was me. You're welcome. So I'm back in SNO now and that POS better do something Kappa & Rat.

[broken_legs]

Originally posted by aaronck
TD waterhouse...
Because my portfolio is under 100k, I pay $30 to buy, and 30, or 1.5% to sell, whichever is higher...I'd REALLY prefer to go somewhere more reasonable


Start Day Trading.


I got my 30 trades off of CMX in about 2 days.


Tip: If you are buying or selling only do it in orders that will amount to 2000 not including commision.

On orders over 2000 they charge 1.5%

So if you are going to buy 100,000 shares of something, buy it in 2000 dollar lots, then at least that way you get credit for all teh trades and still pay the same, otherwise you are paying way more and only getting credit for one trade.

Trades go down to 10/trade flat rate once you have 30/quarter. Thats where I am now.

Also you get access to their Active Trader Platform, which is pretty sweet.

[aaronck]

But I have to make the 30 trades first at full price, right?

[Rat Fink]

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[Z_Fan]

I know it is not a loss for you. I was just meaning about the days potential. I don't know how you deal with the stress of knowing nearly $20k was taken off the table just today. Timing trades for me is so important and I am so bad at it. With how much you have in SNO it would be amazing to be able to do something like that. Trade 350k of shares at .50 and buy back in at .43 or .44 is a whack of cash.

Anyhow, I'm still gagged about IQW. I can't believe I fucked up like that. Huge mistake. I hope it opens tomorrow at .20 cents. Just so I can feel good about my stupidity turning into brilliance.

Frig!!!

[Rat Fink]

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[Z_Fan]

Well, I hope SNO goes up tomorrow. <smile>

And I hope IQW goes WAY WAY DOWN!

LOL :devil:

[Canmorite]

Rat, when are you gonna move into futures trading? :D

[Sasuke_Kensai]

Originally posted by broken_legs



Start Day Trading.


I got my 30 trades off of CMX in about 2 days.


Tip: If you are buying or selling only do it in orders that will amount to 2000 not including commision.

On orders over 2000 they charge 1.5%

So if you are going to buy 100,000 shares of something, buy it in 2000 dollar lots, then at least that way you get credit for all teh trades and still pay the same, otherwise you are paying way more and only getting credit for one trade.

Trades go down to 10/trade flat rate once you have 30/quarter. Thats where I am now.

Also you get access to their Active Trader Platform, which is pretty sweet.

Don't multiple trades on the same side for the same stock on the same day count as 1 trade? So for buying/selling CMX stock, the max you could register is 2 trades/day. That's how RBC works at least, is TD different?

[broken_legs]

Originally posted by Sasuke_Kensai


Don't multiple trades on the same side for the same stock on the same day count as 1 trade? So for buying/selling CMX stock, the max you could register is 2 trades/day. That's how RBC works at least, is TD different?


Thats not how it works for TD as per my TIP.


And yes you have to pay 30 dollars a trade, but if you are making trades that make money (even a little0 and making lots of them then its pretty much free.

[troyl]

Good volume for AZA today. Closed with 65k on the bid at .34. Should be seeing some drill results from them soon.

[Sasuke_Kensai]

Originally posted by broken_legs



Thats not how it works for TD as per my TIP.


And yes you have to pay 30 dollars a trade, but if you are making trades that make money (even a little0 and making lots of them then its pretty much free.

Also from TD site:
"All trade orders are charged an applicable commission rate on a per order basis. For instance, if multiple trade orders are placed on the same day, for the same security, and on the same side of the market, each individual order will be subject to the applicable commission rate."

Damn. I never knew! Though both systems might have an advantage, RBC you could trade as many times as you want and be charged $20 at the end of the day. But then you can reach Active Trader status and maintain it a lot easier under TD. Maybe it's time for a switch.. but it's nice having bank/investment accounts linked directly.

[7thgenvic]

have my picks for the day...


LWC :)
OLR :) both good news announcements

[Z_Fan]

What exchange? I don't see the news for either of them...

[BananaFob]

Originally posted by 7thgenvic
have my picks for the day...


LWC :)
OLR :) both good news announcements

LWC is most likely giving a news release this week about a huge moly find.

[7thgenvic]

Originally posted by Z_Fan
What exchange? I don't see the news for either of them...

TSX :)

[SilverGS]

RSG With some news today up 25%

http://biz.yahoo.com/ccn/080213/200802130441729001.html?.v=1

[Z_Fan]

That pisses me off. Sold 30000 shares just yesterday at .165.

Snookered.

[Rat Fink]

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[Z_Fan]

Yeah, I hate RSG.

I'm trying to get into SNO at .40 but it's just not takin'.

Dammit. I had a bid up yesterday ALL DAY at .41 and it didn't take.

Today I'm gonna try .40 - but even when it dropped I didn't get shares. Go figure.

L2 anyone? For SNO?

[7thgenvic]

OLR haulted!! WOOOOOOO. hopefully you guys done miss :)

[BananaFob]

Just bought 10,000 shares of LWC.
Bought 30,000 of OLR, it got halted today pending news of takeover!!! Probably gap up huge tomorrow. If you can get in, get in now.

[TVG]

Hey guys

I'm getting into stock trading. Just doing simulation stuff right now.

What I am wondering most is, how do you guys hear about the not well known companies? How do you stay up to date with that companies information so you know when to buy and sell?

Thanks

[bigbadboss101]

What is the outlook on OLR?

[l/l/rX]

Originally posted by BananaFob
Just bought 10,000 shares of LWC.
Bought 30,000 of OLR, it got halted today pending news of takeover!!! Probably gap up huge tomorrow. If you can get in, get in now.

today has come. n it hasnt done much :(

[7thgenvic]

NOT Only has it not done much...it fucking tanked....I hate new announcements that make no money!!! BLAHHHHHHHH

[BananaFob]

Originally posted by 7thgenvic
NOT Only has it not done much...it fucking tanked....I hate new announcements that make no money!!! BLAHHHHHHHH

Yep... I'm pretty choked. The CEO is such a douchebag. Who the fuck halts a stock on retarded news. Jesus.

[bigbadboss101]

I have seen a few halts of late and then stock price go down. Have to be careful with some of these.

[Rat Fink]

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[Z_Fan]

So for those who have IQW still, their stock was at .18 and you recall the recent announcement of $75 million in contracts which saw their stock more than double. Well, today they lost nearly triple that amount in contracts by losing one single huge customer Rogers.

Rogers is moving their $210+ million of print work to TransCon.

Ofcourse, no news release about that at IQW. But the reality is this is a huge hit to IQW and their stock should go back down to the .18 range or less IMO. I'd say less. Much less once people learn about this...info is a couple hours old but ofcourse IQW isn't gonna put up a new release to this effect I wouldn't expect.

The news can be found though on TCL.B or TCL.A I would think.

[BananaFob]

Originally posted by Rat Fink


Did the company request the halt, or did the exchange do the halt?

If the exchange did the halt, and demanded news to justify the recent action, that could explain the bunk news. They had to come out with something....

Company requested the halt.

[liquid1010]

For the non-speculative Investor... I'm adding LUN.TO to my choices for the next 12-24 months. My personal theory is that it'll drop a little more in the coming month or two, and then should hit it's stride in about 6-12 months. I'm thinking $12 is very possible.

My two big choices right now are GCA.TO and now LUN.TO

[Red@8]

Originally posted by Z_Fan
So for those who have IQW still, their stock was at .18 and you recall the recent announcement of $75 million in contracts which saw their stock more than double. Well, today they lost nearly triple that amount in contracts by losing one single huge customer Rogers.

Rogers is moving their $210+ million of print work to TransCon.

Ofcourse, no news release about that at IQW. But the reality is this is a huge hit to IQW and their stock should go back down to the .18 range or less IMO. I'd say less. Much less once people learn about this...info is a couple hours old but ofcourse IQW isn't gonna put up a new release to this effect I wouldn't expect.

The news can be found though on TCL.B or TCL.A I would think.

I have a little IQW left (loosing right now). When I heard the Rogers news I thought the stock would immedietly start tanking but it didnt seem to make any effect. Now this could be due to the fact that people just dont know/havent heard yet. I was thrown off by the fact that there was little (extra) downward movement of the sp for the remainder of the day. I dont know if I should hold until wed of next week or start dumping and cut my losses and put the money somewhere else.

Maybe its just my luck recently but I cant seem to pick a winner of late. Even with good NR's and solid DD on companies I am in the red everywhere.

[Z_Fan]

Well, it's not like IQW is going to make their own news release and say "Hey, look folks, we just lost triple in contracts when compared to what we just signed."

I'd say that as people become informed via the news, it will effect the stock. I think it will continue to go down until it is back in the teens. I give it a week or so. If I still had any I'd dump it. But that's just me. I think it will go down and in a couple weeks, IQW will likely announce they have signed some other important people to contracts, and then it might jump back up to the 30's again. All speculation. :dunno:

[Red@8]

Originally posted by Z_Fan
Well, it's not like IQW is going to make their own news release and say &quot;Hey, look folks, we just lost triple in contracts when compared to what we just signed.&quot;

I'd say that as people become informed via the news, it will effect the stock. I think it will continue to go down until it is back in the teens. I give it a week or so. If I still had any I'd dump it. But that's just me. I think it will go down and in a couple weeks, IQW will likely announce they have signed some other important people to contracts, and then it might jump back up to the 30's again. All speculation. :dunno:

I completely agree with you. But dont you think the possiblity of the stock not being delisted on the 20th would have a positive effect on sp. Thats the only thing that is keeping me from dumping right now. Even that is a gamble of course.

[Z_Fan]

IQW dropped to .265 this morning and then they put out a news release about signing RONA. (No dollar value, and realistically it's not very big)

I was gonna buy 20000 shares at .275 this morning but I had to go out. When I got back it was sitting at .35. Fawk. Would have been a nice day.

[Red@8]

Originally posted by Z_Fan
IQW dropped to .265 this morning and then they put out a news release about signing RONA. (No dollar value, and realistically it's not very big)

I was gonna buy 20000 shares at .275 this morning but I had to go out. When I got back it was sitting at .35. Fawk. Would have been a nice day.


I was thrown off by the fact that there were no numbers for the Rona deal as well. Managed to do a little trade on this one today to make some money. I still am holding a little though. Just touched $0.40.

[ShOwOfF]

What's everyone in these days? Any small cap stuff on the go?? Just liquidated some assets and need a place for it.

[BigMass]

Originally posted by ShOwOfF
What's everyone in these days? Any small cap stuff on the go?? Just liquidated some assets and need a place for it.

cash is king now until the market finishes consolidating and making it's move up or down. (my prediction is down)

[ShOwOfF]

I still think there are some good buys on the large cap front. Just haven't kept up with the venture market at all...

Anyone still holding BMK?

[Z_Fan]

Damn, I keep hoping SNO will just run! But it doesn't. It's starting to get frustrating. You know those diamond counts are probably already done too. That's what is super annoying.

Can someone tell me how many shares at sitting at the bid at .475?

[Mckenzie]

Time # Size Bid
11:54 1 5000 0.485
11:39 2 17500 0.48
11:05 4 50000 0.475
11:02 3 12000 0.47
11:34 2 32000 0.465
11:59 7 141300 0.46
11:08 2 24500 0.455
11:46 4 27500 0.45
09:23 4 23300 0.44
11:33 2 20000 0.435
10:16 5 57700 0.43
02/20 2 31500 0.425
09:27 6 105000 0.42
10:02 2 12000 0.41
02/20 1 20000 0.405
02/20 3 12000 0.40
02/15 1 2000 0.395
02/19 1 2000 0.385
07:32 4 99000 0.38
02/13 1 10000 0.37
11:06 3 13000 0.36
02/11 1 2000 0.355
02/19 2 15000 0.305
01/30 1 10000 0.27
01/30 1 6000 0.255
01/29 1 30000 0.25
01/04 1 20000 0.225
01/29 1 10000 0.205
07:16 1 6000 0.19
11/30 1 10000 0.17

Ask Size # Time
0.49 73000 6 12:00
0.495 39000 3 10:26
0.50 432000 18 11:52
0.51 81000 4 02/20
0.52 36000 6 10:41
0.53 25500 4 11:44
0.54 10000 1 09:52
0.55 44500 5 11:59
0.56 36500 3 02/19
0.58 24500 3 11:44
0.59 35000 2 09:43
0.60 16000 1 02/14
0.61 1000 1 09:21
0.62 30000 2 02/19
0.64 10000 1 01/30
0.65 39000 5 09:56
0.68 25000 1 01/29
0.69 11000 2 02/19
0.70 37500 4 09:45
0.72 49000 2 01/29
0.74 30000 1 02/11
0.75 8000 3 09:01
0.76 34500 3 02/14
0.78 25000 1 01/29
0.79 5000 1 10:00
0.82 30000 2 02/11
0.83 13000 1 02/14
0.85 25000 1 02/11
0.86 10500 2 02/20
0.87 25000 1 02/11

[Mckenzie]

Look at that little POS PLE running today lol...

[benyl]

haha, I made like $20K of PLE a few years ago.

[Rat Fink]

.

[aaronck]

Nice to see things moving a bit today...congrats Rat, you going to wait for a NR?

I also have some PLE...I can never bear to sell off a stock that tanks

[aaronck]

Snowfield Announces Super Flow-Through Private Placement with MineralFields Group


Snowfield Development Corp. (“Snowfield” or the “Company”) announces a Super Flow-Through Private Placement (“Private Placement”) with Mineralfields Group (“Mineralfields”). The Private Placement amount will be for up to $2,000,000 consisting of 4,444,444 Flow-Through Units at a price of $0.45 per Flow-Through Unit. Each Unit consists of (1) One Flow-Through Common Share and One-Half (1/2) of One Transferable Non-Flow-Through Share Purchase Warrant (“Warrant”). Each whole Warrant will be exercisable into one Common share at a price of $0.90 for a period of twenty-four months after closing. If all Warrants are exercised into Non-Flow Through Common Shares, the issuance of 2,222,222 Common Shares will yield the Company $1,999,999 of Non-Flow-Through funds.


In connection with the Private Placement, Limited Market Dealer Group Inc. will receive a finder’s fee of 5% in the form of units and a two (2) year finder’s fee option to purchase Flow-Through Units equal to 8% of the number of units subscribed for at an exercise price of $0.45 Flow-Through Unit with each Flow-Through Unit consisting of a common share and a warrant exercisable at a price of $0.90 for a period of twenty-four months after closing. Additionally, a separately invoiced cash due diligence fee of 3% of the Gross Proceeds will be payable.

All shares and warrants shall have a maximum hold period of no more than four (4) months.


The Unit flow-through shares will entitle holders to a 100% Canadian Exploration Expenses deduction, as well as 15% federal tax credit for ongoing grass roots exploration on the Company’s Ticho Diamond Project located 55km Southeast of Yellowknife, NWT.


The proceeds of the Private Placement will be applied to further prospecting and delineation drilling of the Mud Lake kimberlite complex, currently open in three directions and identified over 34 acres to date, to expand the known kimberlite body and for exploration drilling of numerous previously identified targets to further test the up ice geochemical/geophysical targets located between approximately 750 metres and 1.5 kilometers northeast of Mud Lake at Swamp, Aspen, Pond, Sipper and Half Moon Lakes.


Additionally, during 2008, Snowfield will undertake exploration programs which will include exploration drilling on its Wire Claim, as well as ongoing prospecting, ground geophysical and ground geochemical mapping programs and diamond drilling programs over the Red #1 through #7 Mineral Claims covering some 15,000 acres and over the Hurcomb Mineral Claim which form part of the Ticho Project which encompasses over 40,000 acres.


“About MineralFields, Pathway and First Canadian Securities”


MineralFields Group (a division of Pathway Asset Management) is a Toronto-based mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada during most of the calendar year, as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds. Information about MineralFields Group is available at www.mineralfields.com is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, with investors both within, and outside of, the MineralFields Group.


Snowfield is very pleased to be entering into this relationship with MineralFields Group with this being an important milestone in the growth of Snowfield. We look forward to working with MineralFields Group as we develop our Ticho Diamond Project.



On Behalf of the Board of Directors,


“Robert T. Paterson”

Robert T. Paterson,

President and Director

SNOWFIELD DEVELOPMENT CORP.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the

adequacy or accuracy of the contents hereof.

Corporate Communications
Snowfield Development Corp
http://www.snowfield.com

[bigbadboss101]

Interesting. I was going to look into Mineralfield and Brookfield for flow thru shares. That was until some of my stocks had big losses the last couple months.

[Z_Fan]

I think today would have been a good day to flip 319,000 shares of SNO. But I'm sure Rat is just sitting tight.

Seems to have dropped a little after that news release. I wonder how it will play out tomorrow AM.

I was able to flip my shares today but I don't have many. But still it was easy money. Their diamond count news releases have got to be ready by now I would think. Maybe now that they have the PP out of the way, we'll get into the serious stuff and really see SNO move.

[liquid1010]

Great news on GCA this morning :thumbsup:

Given some analysis, they could be trading above $1 quite soon :D

[bigbadboss101]

Pretty quiet here. $ all spent?

[Mckenzie]

I'd like to see the financials for YE come out for GCA. The operating costs are quite high and they seem to be in a losing position in terms of operations. Although they will be losing a producing assset and wiping out some liabilities, it would be nice to see some positive income. At the end of Q2 it would be interesting to see the effect on the FS that removal of the heavy oil assets has.

[liquid1010]

I really like GCA right now, and added to my position. I did some analysis prior to this Asset Sale, and they were just being killed by their mountain of debt. A company can't survive with a market cap of half their current debt.

Now that they have rid themselves of debt, I think they can pull in a valuation of well over $1.25. They rid themselves of heavy oil, and are now focused largely on NG (67%) and light crude. Given the decent rise in NG prices, their revenue should be about 5.25M per Q, and approx 2.1M in EBITDA per Q. Given no debt, I would say their annual EPS should be approx .10/share.

Add that to their large holding of undeveloped land, and I think we'll see a really nice 8 months ahead. :D

[Mckenzie]

I agree with your analysis on the removal of debt.

Well if you are right I'd like to see it come back down to earth so I can buy some!

[liquid1010]

You seem good at this Mckenzie - could you help me with something? How would you analyze the NAV for a junior O&G company based on undeveloped land? I know there is a breakdown based on proven reserves, probable reserves, speculative reserves etc.... but I'm unsure how that valuation works.

I'm trying to come up with a NAV, and i'm struggling with O&G plays.

[Mckenzie]

Hmm wow well you have many variables here

1- Type of deposit
2- Capital requirements
3- Type of financing required (debt vs. equity)
4- Payout time
5- Discount rate / credit adjusted rate
6- Proven / probable / spec. reserves
7- Probability of success
8- Operating costs
9- Overhead costs

This is far beyond the scope of any beyond post at this time of night.

I will try and dig up a recent report I came across and i'll try and send it over to give you an idea of the complexity involved in developing a NAV on undeveloped land. I'm sure you will be able to see what I mean :D (Put those CFA skills to work). ;)

[Canmorite]

I meet with a group of traders a couple times a month, and these were the hot topics.

T.OIL
V.BUK-Guys who worked at T.OIL Started BUK, and OIL was a 0.50 cent stock once...(Mckenzie and I were talking about this one too)
T.BEI.UN-Tons of properties in Canada, 36K doors or something like that. They weren't able to raise rates more then once a year, but that time is in April where they will be able to raise rates. Great support at $36.00 right now too, low risk, great upside.
V.SLG
T.CTH.UN
T.EE

Also take a look at MRVL. Something fishy was going on in the front month for calls on Friday. Insider buying or something, plus a lot of volume, and earnings are coming up soon.

[Mckenzie]

I'm doing some DD on a few picks that could bu huge soon here and I'll post them up once satisfied.

And yes BUK is one of them. ;)

[Redlyne_jr]

i invest in banks and oil companies... also natural gas all are good as you pretty much require these forms of service in your day to day life and always will..

Scotiabank = really good always get good dividend back on them

Enbridge= also really good they are like the biggest natural gas provider and or pipeline...

Petro- standard oil and gas ups and down but a good steady dividend..

[liquid1010]

Originally posted by Mckenzie
Hmm wow well you have many variables here

1- Type of deposit
2- Capital requirements
3- Type of financing required (debt vs. equity)
4- Payout time
5- Discount rate / credit adjusted rate
6- Proven / probable / spec. reserves
7- Probability of success
8- Operating costs
9- Overhead costs

This is far beyond the scope of any beyond post at this time of night.

I will try and dig up a recent report I came across and i'll try and send it over to give you an idea of the complexity involved in developing a NAV on undeveloped land. I'm sure you will be able to see what I mean :D (Put those CFA skills to work). ;)

Yea... I can imagine the complexity of it. I reviewed an analyst opinion on GNY.TO and tried to work backwards.... but that was only partially succesful. What's your background.... CA?

[Mckenzie]

Originally posted by liquid1010


Yea... I can imagine the complexity of it. I reviewed an analyst opinion on GNY.TO and tried to work backwards.... but that was only partially succesful. What's your background.... CA?

Yeah getting there- if all goes as planned I'll have my letters by next march, but I still have quite the hill to climb in terms of the education portion. PM me your email address and I'll send you a report that may help with your analysis.

[Mckenzie]

Check out TAM today everyone- was nearly a $3 stock last summer but there was some uncertainty with permits and such for the Pine Point Project.

Well on friday after close a report concluding on their project was released by the Mackenzie Valley Environmental Review Board giving a green light to the project on the environmental end of things as long as TAM plays fair.

The company did not anticipate this news and has not released it to the market yet...I would think once the news is released this could have another little run. I also think multi-dollar by the end of the year.

Up 25% today.

http://www.mveirb.nt.ca/upload/project_document/1203722604_Tamerlane%20Final%20Report%20of%20EA-%20February%2022%202008.pdf

[Mx6er]

This is my first post on this thread, But if you guys are looking into getting into oil sands, Connacher Oil and Gas is looking very attractive at its current levels. I know its been discussed on this thread before but its worth a look. Im a young investor and averaging about 2.50 on my accumulation of this stock. Anyways read there news release and take a look. Enjoy:

Website:
http://www.connacheroil.com/
quote:
http://finance.yahoo.com/q/bc?s=CLL.TO&t=1y&l=on&z=m&q=l&c=

[liquid1010]

Originally posted by Mx6er
This is my first post on this thread, But if you guys are looking into getting into oil sands, Connacher Oil and Gas is looking very attractive at its current levels. I know its been discussed on this thread before but its worth a look. Im a young investor and averaging about 2.50 on my accumulation of this stock. Anyways read there news release and take a look. Enjoy:

Website:
http://www.connacheroil.com/
quote:
http://finance.yahoo.com/q/bc?s=CLL.TO&amp;t=1y&amp;l=on&amp;z=m&amp;q=l&amp;c=

I was in that stock about 6 months ago.... I'll take a look at it again.

[Z_Fan]

Question I'm too lazy to google...

When a stock is delisted from the TSX can that company just move their listing to the TSX:V ? I mean specifically because stocks < $1.00 [I think] aren't supposed to be on the TSX but that'd be fine on the TSX:V.

So a company who has their stock plummet to say $.50 from $2.00 would be in danger of delisting right? What are their options at that time?

[Mckenzie]

^ not really- TSX is a premier exchange in Canada but has nothing to do with share price. The company is taken more seriously, has an easier time raising financing and it more likely to be picked up by analysts and fund managers. It is also subject to 4 quarterly reviews mandatory and filing YE statements within 3 months of the YE. The delisting comes likely from not following regulatory requirements...much worse than a declining share price.

[bigbadboss101]

SNO.

In a couple weeks will either be able to pay off my Yugo, or point fingers at scammers :-).

[Z_Fan]

Yeah, I guess that'll be in approximately 6 days. I don't have much in it, but I'd be nervous as hell if I did. I think I might just sell half of my position just in case it is a scam. Most of the recent ones have been scams IMO, such as CMX and GRW.

It's anyone's guess I suppose.

[Mckenzie]

Why is everyone so assured of SNO? Lots of promo on stockhouse on that one...classic P&D in the works by the looks of it...any comments?

[bigbadboss101]

One of you want to phone Debeers and see you can get some scoop? Yeah, could be interesting.

[Z_Fan]

Originally posted by Mckenzie
Why is everyone so assured of SNO? Lots of promo on stockhouse on that one...classic P&amp;D in the works by the looks of it...any comments?

I totally agree.

It looks like it is a pump and dump. I also think they are full of shit on the timing of the diamond counts. It looks more and more like a scam to me and it makes me nervous. You gotta figure this was trading at .26-.29 just before the big rise which really all happened in one day...

[liquid1010]

I'm kicking myself today..... I've been talking about jumping into AAB.V and LUN.T and did not jump into either. Since that point, both are up 15+%.

[Mckenzie]

^Yeah exactly- the news has been bought and if CMX or GRW are any indication of market sentiment "sell on news" for P&D promos on stockhouse then I would be leary. my .02

But high risk high reward of the (ad)venture exchange I guess. :drama:

[KappaSigma]

So I take it none of you have actually called SNO to talk with them about the past 5 years they have spent to get where they are today nor have actually looked into their past, or any of that?

From my DD, the more I looked into SNO, the larger the story grew. That is all I am saying.

[RX_EVOLV]

anyone here following CAA? looks very intersting and promising

[Mckenzie]

Originally posted by KappaSigma
So I take it none of you have actually called SNO to talk with them about the past 5 years they have spent to get where they are today nor have actually looked into their past, or any of that?

From my DD, the more I looked into SNO, the larger the story grew. That is all I am saying.

I never said it was not a good company- I'm talking about the market sentiment and psychology as of late...sell the news! Any news! Especially if you look at the high traffic boards on stockhouse- ie. CMX and GRW. Lots of company's getting dumped on decent news and considering the run-up to where it is now, all I am saying is that it is a possibility.


Originally posted by RX_EVOLV
anyone here following CAA? looks very intersting and promising

Yes I've been meaning to look into this one...it keeps getting away above my bid though!

[Mckenzie]

Jeez my little HAT blew the doors off today! Up 100%! Almost sold out last week too...go!

[invisibleman]

That's crazy up 152% as of now