Author Topic: ALS.TO - Altius Minerals  (Read 1931327 times)

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #530 on: February 27, 2012, 06:51:45 AM »


Green King

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Re: ALS.TO - Altius Minerals
« Reply #531 on: March 03, 2012, 12:52:10 PM »
Hey
 I am am going to the PDAC conference does anyone any question want me to ask the Alderon people ?
GK

Liberty

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Re: ALS.TO - Altius Minerals
« Reply #532 on: March 05, 2012, 06:48:17 AM »
Quote
Alderon Iron Ore Corp. (TSX: ADV) (OTCQX: ALDFF) (“Alderon” or the “Company”) is pleased to announce that its common shares have been approved for listing on the NYSE Amex. Alderon anticipates trading on the NYSE Amex exchange will begin on Friday, March 9, 2012 under the symbol “AXX”. The Company will continue to trade on the Toronto Stock Exchange under the symbol “ADV”.

“This NYSE Amex listing represents another significant milestone in Alderon’s growth,” stated Mark Morabito, Alderon’s Executive Chairman. “The listing will provide greater trading accessibility for United States investors, is expected to enhance liquidity and will provide Alderon with exposure to a wider audience of investors.”

Liberty

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Re: ALS.TO - Altius Minerals
« Reply #533 on: March 05, 2012, 09:28:56 AM »
New analyst report on Alderon:

http://www.grandich.com/wp-content/uploads/2012/03/NBF_DM12C02_E.pdf

Quote
Alderon Iron Ore – In the Right Backyard: The Kami project's manageable size of eight
million tonnes per year and favourable location close to existing infrastructure, combined
with a management team with extensive iron ore experience, positions Alderon as a
developer that could potentially advance to production for relatively lower capital and
without the need of a partnership. Initiating coverage with an Outperform and $5.10 target
price.
« Last Edit: March 05, 2012, 09:34:00 AM by Liberty »

link01

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Re: ALS.TO - Altius Minerals
« Reply #534 on: March 07, 2012, 07:42:55 AM »
i'm curious:

would ALS.To be considered a PFIC for US investors? does this need to be bought in an IRA account to sidestep that?

i havent seen this addressed here, so maybe you're all canucks here?

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #535 on: March 07, 2012, 01:38:57 PM »
http://watch.bnn.ca/market-call/march-2012/market-call-march-6-2012/#clip632694

Rick Rule"s top pick on BNN is Altius Minerals.....good interview...his admiration for Brian Dalton is pretty obvious.

Dazel

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #536 on: March 07, 2012, 01:41:42 PM »
http://www.bnn.ca/Shows/Market-Call.aspx

If you do not want to watch the video here are his other picks....I would strongly suggest watching both parts if you can on the BNN site as Rick Rule is an extremely intelligent investor with 30 years experience.

Dazel.

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #537 on: March 08, 2012, 02:54:51 PM »
http://finance.yahoo.com/news/altius-minerals-corporation-tsx-als-210000735.html

No surprises...Voisey Bay royalty $1.2m for the quarter

Example of underpricing of assets...they have cost of a little over $10m on the royalty (they paid $13m for it). They state they have $300m in assets...$10m is the royalty

The Voisey royalty has 120 quarters ( 30 years) of royalties left....so what is that asset worth? It is also inflation protected...quite a bond considering yields these days.

It will be happy bays when the Kami and then the aurora royalties kick in...but for now what is Voisey bay worth?

So we look at buying these royalties for nothing basically...and we are extremely content that Altius is also buying them as they have spent over $2m. The longer this goes on the better...time is the friend of Altius.

Dazel

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #538 on: March 13, 2012, 04:42:30 AM »
Quiet is good guys....we only want to be on the front page once...Look at the press Viterra is getting for a possible bidding war! In two years I think my Viterra post got maybe 3 responses here on a value investing board!!...

When you think about business you need to understand what the assets are worth to other businesses. Individual investors are driven by sentiment and the crowd..A good business is thinking about maximizing their assets everyday..not the value of their market caps...Is it cheaper to build? Is it cheaper to expand the workforce? How much will it cost to enter another country? And then they always ask the question.
" would it be cheaper to buy out another business" and when it is...they do it...that simple.

Boone Pickens famous line "it is cheaper to drill for oil on the New York stock Exchage than than anywhere else." is true right now and there is trillions of dollars on corporate balance sheets on the sideline...

Altius is in the boring Viterra situation because of the fact no one knows them...Their assets are world class (not unlike Viterra) but their cash in the bank, no debt, and future cashflows make it an incredible business over the next few years unlike Viterra.

Dazel.

Liberty

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Re: ALS.TO - Altius Minerals
« Reply #539 on: March 13, 2012, 07:25:09 AM »
I don't mind quiet either, as long as when there are news they are good  :D