Author Topic: ALS.TO - Altius Minerals  (Read 2069681 times)

moore_capital54

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Re: ALS.TO - Altius Minerals
« Reply #350 on: September 20, 2011, 02:51:03 PM »
I disagree that Alderon is better positioned than Consolidated Thomson.

I do agree that Alderon is better positioned than the other names recently thrown out here.



Dazel

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Re: ALS.TO - Altius Minerals
« Reply #351 on: September 20, 2011, 03:01:51 PM »


Just to compare apples to apples...The former CEO of Alderon was referring to the rail and infrastructure for starting the mine in comparison to when Thompson started...they are geographically closer to the rail system.

who is better situated then Alderon in your opinion anyone?

moore_capital54

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Re: ALS.TO - Altius Minerals
« Reply #352 on: September 20, 2011, 03:03:49 PM »
IOC which has plenty of iron and can ramp up production :) Plust it owns the railway.

I personally feel Alderon is fairly valued.

I don't tend to buy Juniors at such high valuations. Remember they still need to build the mine (and maybe rail in their case).




Dazel

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Re: ALS.TO - Altius Minerals
« Reply #353 on: September 20, 2011, 03:15:48 PM »
http://alderonmining.com/_resources/kami/Location_and_Infrastructure1.jpg

Not arguing with you as you know I own Altius....but IOC..a mine of 50 years (aahh the royalties Altius would have over 50 years!)?

The map above will show the other posters what we are talking about...by the way Alderon is closer to IOC than Thompson....for fun! Good company for neighbors and surrounding infrastructure..we will leave it at that.

Dazel.


Dazel

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Re: ALS.TO - Altius Minerals
« Reply #354 on: September 20, 2011, 08:10:20 PM »
http://www.caseyresearch.com/nexTen.php?id=2


A good piece on Brian Dalton...for those who do not know Doug Casey there is a link below.

http://en.wikipedia.org/wiki/Doug_Casey

Dazel.

MrB

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Re: ALS.TO - Altius Minerals
« Reply #355 on: September 21, 2011, 03:18:58 AM »
http://www.ft.com/intl/cms/s/0/5defb86a-e3a6-11e0-bd3d-00144feabdc0.html#axzz1YWNE7jtV

Rio Tinto warns of slowdown in demand
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/5defb86a-e3a6-11e0-bd3d-00144feabdc0.html#ixzz1Ya56Q77u

Rio Tinto, one of the world’s largest natural resources companies, has warned that some of its customers were asking to delay shipments of metals, in a clear sign that the financial turmoil is starting to affect the commodities sector.

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #356 on: September 21, 2011, 06:19:14 AM »

http://www.mbironoreindex.com/

India is pushing for export tariffs which very positive for Canada.....and the spot price for iron ore has held despite a quiet market....steel production for August was up 9% year over year...that is about the only thing I have seen that is up year over year!


MrB

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Re: ALS.TO - Altius Minerals
« Reply #357 on: September 22, 2011, 01:04:00 AM »
http://www.bloomberg.com/news/2011-09-21/iron-ore-s-four-year-slide-hitting-mining-earnings-commodities.html
Iron Ore’s Longest Slide Since ’82 Threatens Mining Earnings: Commodities

Liberty

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Re: ALS.TO - Altius Minerals
« Reply #358 on: September 22, 2011, 11:20:42 AM »
Days like this remind me of the recent interview with one of the altius guy, where he said "bring on the bloodbath", because they wanted to spend some of their cash. Looks like they're getting their wish.

value-is-what-you-get

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Re: ALS.TO - Altius Minerals
« Reply #359 on: September 22, 2011, 12:29:51 PM »
http://www.bloomberg.com/news/2011-09-21/iron-ore-s-four-year-slide-hitting-mining-earnings-commodities.html
Iron Ore’s Longest Slide Since ’82 Threatens Mining Earnings: Commodities

I've seen some shoddy journalism and this ranks right up there.  "Reporting" on a predicted price drop four years out on projected numbers as if it's happened already - wow!  Is this a contrarian indicator?