Author Topic: ALS.TO - Altius Minerals  (Read 1745358 times)

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #930 on: December 04, 2012, 04:51:16 AM »
http://canadianinsider.com/node/7?ticker=ALS


You have to love buying back shares at these prices...

Dazel.


hohi

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Re: ALS.TO - Altius Minerals
« Reply #931 on: December 04, 2012, 07:35:11 AM »
You have to love buying back shares at these prices...

Just imagine they could deploy $100+ Million in these buybacks. We would be all rich men once they dividend out the Kami royalty to us. I am still hoping we can buy back until we got 20M shares outstanding. But thats probably just my wishful thinking ;).

cheers,
hohi.
Cheers,
hohi.

current resource positions: ALS.TO  //  NILSY  //  IVN.TO   //   DPM.TO   //   GAZ

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #932 on: December 04, 2012, 07:44:49 AM »


Yes wishful thinking...but the share count will drop daily...until we are fairly valued.

We like the buy backs but our wish path is more at  one or two more dirt cheap royalties streams...
Something unique would be nice...there are a lot of companies starving for capital...

Dazel.

hohi

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Re: ALS.TO - Altius Minerals
« Reply #933 on: December 04, 2012, 08:37:41 AM »
Yeah, some near term cash flowing royalty would probably be even better. But the competition for long-life near-term royalties is also growing. Even BlackRock is buying IronOre royalties these days. More and more people figure out the deadly effects of cost-push inflation... But maybe we get lucky - although some cheap aquisition will in my opionion more likely be a few years away from production.

cheers,
hohi.
Cheers,
hohi.

current resource positions: ALS.TO  //  NILSY  //  IVN.TO   //   DPM.TO   //   GAZ

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #934 on: December 04, 2012, 04:57:06 PM »
http://www.metalbulletin.com/Article/3126579/Iron-ore-and-coking-coal/Posco-seeks-15-stake-in-ArcelorMittal-Mines-Canada.html

Yes there is demand....and deep pockets out there...Buffett owns or owned Posco.


Dazel.



biaggio

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Re: ALS.TO - Altius Minerals
« Reply #937 on: December 06, 2012, 06:17:10 AM »

http://finance.yahoo.com/news/commodities-super-cycle-not-ending-151801007.html;_ylt=Asrw9h6WY32S.P1257huz2.iuYdG;_ylu=X3oDMTN1OTExYzhrBG1pdANGaW5hbmNlIEZQIE1lZ2F0cm9uIDIEcGtnAzA1MTViMDIzLTk0YzgtMzhmYS1iZTAzLTkyNjE3ODZlNzhlZARwb3MDMQRzZWMDbWVnYXRyb24EdmVyAzg1ODBiOTMzLTNmOWMtMTFlMi1iYmY1LTQ2MzQxZjdiZDQyYg--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Goldman says super cycle not ending.

Jeremy Grantham


Jim Rogers

Leucadia

What are the odds that they are all wrong?

Dazel.

Of course there is always a chance they could be wrong. In the long run I think they will eventually be right because it makes sense to me. What seems uncertain is the timing.

Its tough for me to make money in commodities- I have to keep reminding myself that this situation (project generator/merchant bank, royalty company, great balance sheet, owner operators) is different than buying the usual mining company

Its comforting that these guys agree as they are way smarter than me.

Thanks for your continued good posts.

Best of luck to all on the board.


Dazel

  • Guest
Re: ALS.TO - Altius Minerals
« Reply #939 on: December 10, 2012, 05:29:58 AM »
http://www.metalbulletin.com/Article/3128953/Iron-ore-and-coking-coal/Chinas-November-iron-ore-imports-are-the-second-highest-in-history.html


The reality of some of the numbers coming out of China are a lot different than the ones that are making headlines with regards to their appetite for commodities.

Iron or spot price today is $125.

Dazel.