Author Topic: ALS.TO - Altius Minerals  (Read 1745381 times)

goldfinger

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Re: ALS.TO - Altius Minerals
« Reply #240 on: June 18, 2011, 12:54:12 PM »
Commodities are interesting. They seem to follow economic threads to a degree but also appear to be slightly decoupled...

Either way I like them and plan on holding them for a while.

You do not have a BRIC every generation! Other than that, there are true cycles of undersupply-oversupply in commodities that last for a decade or two. The crisis of 2007-2009 caused lots of projects to be dropped (NRLC is an example) at the wrong time.
I am only trying to capture a more detailed view of what is really happening in China for example than just listening to Chanos and followers or Rogers and followers: both talk their book. Chanos while smart and accurate in many ways sounds very arrogant and biased to me when it comes to that particular area. Buffett confirmed in a recent interview that he thought China will have many more successes. Who knows how deep this current crisis will be, but take the money and run seem a bit simplistic to me. What the central bank of Australia described or biaggio just mentioned look much more accurate and reasonable.


goldfinger

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Re: ALS.TO - Altius Minerals
« Reply #241 on: June 18, 2011, 01:48:25 PM »
He is an example of an article that underlines the fact that these outsiders like Chanos and Roubini say things about a country they are not really familiar with: http://www.forbes.com/2011/06/15/nouriel-roubini-is-all-wrong-about-china.html. And again that doesn't mean being in denial about the true issues this country faces.

Myth465

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Re: ALS.TO - Altius Minerals
« Reply #242 on: June 19, 2011, 04:19:44 AM »
Thanks all. Learning more and more each day.

naboo

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Re: ALS.TO - Altius Minerals
« Reply #243 on: June 20, 2011, 08:04:56 AM »
Should Altius release financial report this week?

last year dates:  6/29/2010(annual), 9/10/2010,  12/09/2010, 3/14/2011
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Dazel

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Re: ALS.TO - Altius Minerals
« Reply #244 on: June 22, 2011, 12:52:19 PM »

This Grantham piece has been passed around....for those interested in Altius and Alderon you should play close attention to the iron ore discussion...page 6 in particular.

Through GMO research they have come up with probability that prices would return to their downward 100 year trend...after the spikes over the last number of years...

iron ore has the highest probability of not returning to its down trend at a "1 and 2.2 million chance!!!"

He explains that he would not believe even a "1 and 1 million chance" but he has to believe it because he did it!

iron ore was $150 back in 1900...now it is back to $175 in 2011.

Dazel.

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #245 on: June 22, 2011, 12:55:31 PM »

sorry guys forgot to put in the link..it is worth the read

http://www.gmo.com/websitecontent/JGLetterALL_1Q11.pdf

Dazel

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #246 on: June 23, 2011, 07:00:44 AM »

Liberty

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Re: ALS.TO - Altius Minerals
« Reply #247 on: June 23, 2011, 07:27:25 AM »
http://canadianinsider.com/coReport/allTransactions.php?ticker=ALS

Altius is buying back shares.

Dazel.

Nice, they got them pretty close to the recent bottom too.
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beerbaron

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Re: ALS.TO - Altius Minerals
« Reply #248 on: June 23, 2011, 02:54:02 PM »
http://canadianinsider.com/coReport/allTransactions.php?ticker=ALS

Altius is buying back shares.

Dazel.

Nice, they got them pretty close to the recent bottom too.

Pretty unsignificant buyback tough. 200k$ compared with 330M Market cap.

BeerBaron

goldfinger

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Re: ALS.TO - Altius Minerals
« Reply #249 on: June 23, 2011, 03:12:56 PM »
http://canadianinsider.com/coReport/allTransactions.php?ticker=ALS

Altius is buying back shares.

Dazel.

Nice, they got them pretty close to the recent bottom too.

The daily volume is low with this stock.
Pretty unsignificant buyback tough. 200k$ compared with 330M Market cap.

BeerBaron