Author Topic: ALS.TO - Altius Minerals  (Read 1766349 times)

Green King

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Re: ALS.TO - Altius Minerals
« Reply #630 on: May 02, 2012, 02:14:10 AM »
I would also like to know how you value the pipeline.
Please
:D
GK


Dazel

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Re: ALS.TO - Altius Minerals
« Reply #631 on: May 02, 2012, 02:44:44 AM »
Brk7,


I can only be so lucky as to make a fortune off of a chanos mistake twice...remember he said fairfax was a zero...we backed up the truck at an average cost of $80! The china meltdown is priced into stocks that is why Altius receives 0 for it's royalty "streams"...and that is why there are many opportunities for the cash at Altius is sitting on...remember just a 10% return on the cash and marketable securities would be huge to Altius...if Dalton were to pull something off it would be a game changer as well...market has no concept or thought of this very real scenario. They are described as an investment or merchant bank...we like that they are waiting for a home run with their capital...
But the china scenario you are speaking of....or the fear there of has created a higher possibility of them finding a real bargain.


Dazel.

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #632 on: May 02, 2012, 02:48:03 AM »


Brk7,

10% annual return on the cash and marketable securities....is about a buck a share...we expect a lumpy ride as with companies like Leucadia.

Dazel

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #633 on: May 02, 2012, 02:57:35 AM »

We value the pipeline outside of Alderon and Paladin (aurora) at it's cost which is close to zero....obviously there is huge potential there but the shorter term drivers of Alderon and the deployment of investment capital are the elephant in the room.

Paladin (aurora) cost base was $600k but they realized $200m gain from it...so not sure and it does not matter much but I think that becomes the cost base for the royalty.

Dazel.

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #634 on: May 02, 2012, 03:11:35 AM »

Brk7,

http://www.bloomberg.com/news/2012-05-01/analysts-who-called-2010-bottom-in-china-stocks-now-say-buy-1-.html

For fun....we have no idea how to predict the fall of a country or he rise of a country form that matter...china is not looking at 2012....they are looking at the next couple of decades.

 there is more to the iron ore story than china...
If you have looked at the iron ore story or mining in general you will see that capital raising has dried up...therefore the mines that are anticipated will not
come on stream...when anticipated...Higher cost capital projects are being delayed.

Alderon is not low cost at $45/ a ton but to build for a billion bucks is low....as was Thompson consolidated...the reason is where it is located...infrastructure is very close...rail, roads,  port being built and low cost power.

Dazel

Liberty

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biaggio

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Re: ALS.TO - Altius Minerals
« Reply #636 on: May 09, 2012, 05:35:34 PM »
http://www.zerohedge.com/news/rick-rules-primer-contrarian-speculation

Possible opportunities for ALS to make good deal in depressed/distressed junior resource sector?

Liberty

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Re: ALS.TO - Altius Minerals
« Reply #637 on: May 09, 2012, 07:10:57 PM »
http://www.zerohedge.com/news/rick-rules-primer-contrarian-speculation

Possible opportunities for ALS to make good deal in depressed/distressed junior resource sector?

Thanks, Rick Rule is always interesting to listen to.

Hopefully ALS can deploy significant capital in the near future.
"Most haystacks don't even have a needle." |  I'm on Twitter  | This podcast episode is a must-listen

Eric50

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Re: ALS.TO - Altius Minerals
« Reply #638 on: May 10, 2012, 11:15:24 AM »
Brent Cook very bullish on Alderon (early in video)

http://watch.bnn.ca/wednesday#clip671139

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #639 on: May 15, 2012, 02:37:30 AM »
http://mobius.blog.franklintempleton.com/2012/05/01/chinas-landing-pattern/#more-1424


Only Jim Rogers seems to be taking this point of view...Möbius a Sir John Templeton understudy is famous in the developing country investment world. This is a good piece on China...he is betting on consumers and commodities...with industrial infrasture build out as the reason...iron ore should do fine in this environment.

Dazel