ALS.TO - Altius Minerals

[value-is-what-you-get]

Alderon Retains Renmark Financial Communications:
http://www.alderonmining.com/_resources/news/2011-03-11-NewsRelease.pdf

. . . and from the Renmark website they also represent Fibrek! 

A seemingly random one degree of separation - or is it confluence?

[Myth465]

This is available in the US as ATUSF. Just double checking that this is the same company.

I own via that ticker if it helps. Anyone buying. What a crazy fall.

[beerbaron]

I'm not sure why the fall.

Is it Uranium exposure?
Is it overall commodities going down?
Is it Q4 results?

BeerBaron

[goldfinger]

I am tempted to buy more. It seems it fell along with commodities and commodity stocks and that investors are totally ignoring what's happening at Altius.

[Shane]

I bought a small position yesterday, seemed like emotional trading as all of my commodity equities dropped but the largest recovered nicely... to me that says that the stocks without much coverage will come back over the next little bit.  Uranium exposure probably hurt.

BTW does anyone have an idea of the potential revenues from the non Voisey Bay royalties?

[Dazel]

sorry guys away....we were buyers yesterday....

dazel.

[tengen]

sorry guys away....we were buyers yesterday....

Same here.

[Dazel]

As we know...the market participants rarely do any homework...and in a panic everything is sold which we saw...Altius "SOLD"..."SOLD" their large Uranium deposit for a large profit $200m..but those in the market rarely care at a time of crisis. So yeah not very liquid...and a panic in company that used to hold a great deal of uranium..it was a fire sale...and still is.
we are trading at near cash levels...(assuming Alderon up 10% yesterday) is included in marketable securities..Huge amounts materials will be needed for Japan's rebuild...on top of iron ore record prices..they are in the sweet spot with Alderon..and I was impressed with their focus on their latest partnership with Cliffs..They think they have found more highly probable spots of iron ore in Labrador which already is in the view of the iron ore world...we like the opportunity.
Alderon should have their first resource estimate..in the next week or two..we expect the investor community to view this for what it is a resource company with loads of cash and no debt...they likely be viewed as an iron ore company (in the Labrador rich area) rather than it is past roots in uranium. We got crazy prices on Tuesday.

Dazel.

[Myth465]

I bought today. Figured the Uranium was the reason. Bought 25% more and may keep adding. I am simply adding to my holdings during this selloff and am buying the companies which have gone down the most.

Thats this and ATPG. Both appear to have material catalyst.

[biaggio]

I have bought as well for my tax deferred account.

I am thinking of adding some to my taxable account---I normally would like something I can hold for 10 years or so---do you guys think ALS.TO is something that could be held longterm? say over 10 years?...I am thinking that as a owner/jockey type of holding that it would be.