Author Topic: ALS.TO - Altius Minerals  (Read 1784126 times)

link01

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Re: ALS.TO - Altius Minerals
« Reply #540 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 #541 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 #542 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 #543 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 #544 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 #545 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
"Most haystacks don't even have a needle." |  I'm on Twitter  | This podcast episode is a must-listen

Myth465

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Re: ALS.TO - Altius Minerals
« Reply #546 on: March 13, 2012, 03:42:03 PM »
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.

Dazel I will keep this in mind for my other investments. Thanks again.

valueinvesting101

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Re: ALS.TO - Altius Minerals
« Reply #547 on: March 15, 2012, 09:33:25 AM »
I want to buy this stock in US. I see this is listed ATUSF and trades on OTC. Any online discount broker which will allow me to buy these type of securities? Also will I be liable to pay taxes in Canada if I get dividend or if I sell these shares or am I subjected taxes only in US as transaction is done on OTC exchange in US?

I do not intend to sell these for sometime and it looks like these guys will not be paying out any dividend soon but I want to understand tax implications as well.

I have recently started investing in US and hence do not have experience with different brokers.

Myth465

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Re: ALS.TO - Altius Minerals
« Reply #548 on: March 15, 2012, 04:05:01 PM »
You can buy it for free at wells Fargo is you have enough capital. Also TDAmeritrade will let you buy it. I think most discount brokers will actually. I hold it at Wells.

Liberty

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Re: ALS.TO - Altius Minerals
« Reply #549 on: March 16, 2012, 12:49:24 PM »
http://www.cbc.ca/labradormorning/episodes/2012/03/15/more-on-the-wetlands-in-labrador-west/

About ADV's recent meetings with locals. Interview with CEO during second part.
« Last Edit: March 16, 2012, 01:02:55 PM by Liberty »
"Most haystacks don't even have a needle." |  I'm on Twitter  | This podcast episode is a must-listen