Author Topic: ALS.TO - Altius Minerals  (Read 1901405 times)

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #110 on: March 21, 2011, 06:40:07 AM »
"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."

........
If you owned for the last 10 years you would have done 32% a year...I hate to look in the rearview mirror but it is much less than half of where it was in 2007...

and you have many future catalysts...Alderon, NCLS, short term.

Dazel.



biaggio

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Re: ALS.TO - Altius Minerals
« Reply #111 on: March 21, 2011, 02:24:38 PM »
Thanks Dazel.

goldfinger

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Re: ALS.TO - Altius Minerals
« Reply #112 on: March 30, 2011, 11:42:33 PM »
Altius just announced a buyback program for about 5% of the company's shares. They bought back shares before at prices around 5.3 to 6$ per share. They probably believe their shares are deeply undervalued.

http://www.altiusminerals.com/files/PR0211-NCIB.pdf

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #113 on: March 31, 2011, 11:44:07 AM »

I have been waiting for the 43-101 resource estimate to make more comments should be soon. We have been
picking away at these levels.

Dazel.

Mungerville

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Re: ALS.TO - Altius Minerals
« Reply #114 on: March 31, 2011, 01:12:30 PM »
Looks like just a standard yearly buyback program announcement. Doesn't seem to necessarily mean they will buy anything back this year only that now that they got the disclosure out of the way, they could be opportunistic at any time this year. Just seems like good standard practice and not necessarily an indication of absolute intention to buy back.

Don't get too excited.

Mungerville

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Re: ALS.TO - Altius Minerals
« Reply #115 on: March 31, 2011, 01:14:44 PM »
Did I mention that I'm in on this one, so when I finally make money on it (maybe sometime after the upcoming market crash), it will be Dazel's fault.

goldfinger

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Re: ALS.TO - Altius Minerals
« Reply #116 on: March 31, 2011, 01:35:10 PM »
Quote
Looks like just a standard yearly buyback program announcement. Doesn't seem to necessarily mean they will buy anything back this year only that now that they got the disclosure out of the way, they could be opportunistic at any time this year. Just seems like good standard practice and not necessarily an indication of absolute intention to buy back.

Don't get too excited.

I do not get too excited. But knowing Dalton's history he must be seeing some undervaluation here.

Liberty

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Re: ALS.TO - Altius Minerals
« Reply #117 on: March 31, 2011, 06:08:29 PM »
Excellent thread. Thanks everybody, and especially Dazel!

Update: Okay, I took the plunge and initiated a small position in ALS. You guys are making it very hard for me to stick to my initial game plan by having so many good ideas!  ;D
« Last Edit: April 01, 2011, 08:10:26 AM by Liberty »
"Most haystacks don't even have a needle." |  I'm on Twitter  | This podcast episode is a must-listen

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #118 on: April 05, 2011, 06:50:41 AM »

http://finance.yahoo.com/news/Alderon-Announces-Initial-iw-998138306.html?x=0&.v=1

Alderon has under promissed and over delivered...their stated public goal was 400 to 500 million tonnes at grades of 28 to 30 %...their 43-101 released this morning came in at over 600 million tonnes at grades above 30%. This is extremely positive as they are now drilling for the next update expected in June 2011...Their stated goal was to bring the resource estimate to 600 to 800 million tonnes. They will be starting at the 600 million tonne estimate...

more later.

Dazel.

Liberty

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Re: ALS.TO - Altius Minerals
« Reply #119 on: April 05, 2011, 12:12:28 PM »
I'm not quite sure how to evaluate the value of the difference, but it does sound like a pretty big deal (in a positive way). Thanks for the update.
"Most haystacks don't even have a needle." |  I'm on Twitter  | This podcast episode is a must-listen