Author Topic: ALS.TO - Altius Minerals  (Read 1884130 times)

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #500 on: February 11, 2012, 05:46:04 AM »


Liberty

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Re: ALS.TO - Altius Minerals
« Reply #501 on: February 11, 2012, 10:23:47 AM »
http://www.thebusinesspost.ca/usr/main/docs/22/Vol7issue1.pdf


This would be a pleasant surprise!

It definitely would! Nice to see them be at the cutting edge and looking for things that almost no one else is looking for. Low-risk thanks to the partnership with Cliffs, but potentially high-reward. Just how I like it.

Thanks for posting!
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Liberty

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Re: ALS.TO - Altius Minerals
« Reply #502 on: February 11, 2012, 10:34:26 PM »
http://www.theaureport.com/pub/na/12525

Quote
TGR: What are some Chinese investment themes that perhaps investors can piggyback on?

PG: China has a tremendous need for resources. That appetite is not going to disappear anytime soon. It's underpinning the commodities bull market, in particular steel and iron ore.

TGR: I read a report recently that said China was seeking alternative sources of iron ore for its smelters as part of an effort to limit its reliance on iron ore from Australia and Brazil. China's looking to northeastern Canada in the Labrador Trough. Do you know anything about that?

PG: A couple of my clients are there and some of my largest personal holdings are there. The Labrador Trough is probably the most interesting play in the world right now. A Chinese company recently did a big deal with Adriana Resources Inc. (ADI:TSX.V; ANARF:OTCBB; A7R:FSE) up there.

I'm very bullish on Alderon Iron Ore Corp. (ADV:TSX; ALDFF:OTCQX). I call it the son of Consolidated Thompson because it has many of the people who were successful at Consolidated Thompson and is following Consolidated's path, but in a more expedited way. I believe it's going to go the same way and be taken over within 12 months.

TGR: Alderon has the Kami iron ore project near to Consolidated Thompson's Bloom Lake deposit in the Labrador Trough. A recent preliminary economic assessment (PEA) on the project reported a pre-tax net present value (NPV) of just above $3 billion (B). How does the Kami deposit compare with its peers?

PG: Alderon should be able to develop Kami at a lower cost, which is key in that area. There's no question that there's a lot of iron ore up there, but success is a question of cost, efficiency and effectiveness. The expectation is that it will get port access in a relatively short period. The last missing ingredient will be an offtake agreement with a Chinese company, and the company seems to be suggesting that it's in advanced talks. All in all, the next big deal in that area appears to be Alderon.

A year from now, Alderon could be worth $10–12/share based on what Consolidated Thompson was worth. It's a legitimate target to have in the back of our minds.

Though the conflict of interest should be noted: http://www.grandich.com/comp/
« Last Edit: February 11, 2012, 10:39:20 PM by Liberty »
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Dazel

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Re: ALS.TO - Altius Minerals
« Reply #503 on: February 13, 2012, 03:54:15 AM »
http://www.reuters.com/article/2012/02/13/fortescue-teck-idUSL4E8DD0TG20120213?feedType=RSS&feedName=rbssEnergyNews&rpc=43


Finally looks like the timing is right for Altius' heavy push into iro ore....let's hope the take over activity picks up...as well as the financing.

Dazel

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #504 on: February 13, 2012, 04:04:43 AM »


Liberty,


I think we will start calling Alderon

"TC2" Thompson Consolidated 2...


Not to be mistaken with T2 which grossed only $500m. TC2 will make a lot more!

Dazel

naboo

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Re: ALS.TO - Altius Minerals
« Reply #505 on: February 13, 2012, 07:17:19 AM »
Stephen Harper was in China last week. It looked like a very successful trip, signed 20+ agreements.  Could ALS/ADV get anything?


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Liberty

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Re: ALS.TO - Altius Minerals
« Reply #506 on: February 13, 2012, 08:52:25 AM »


Liberty,


I think we will start calling Alderon

"TC2" Thompson Consolidated 2...


Not to be mistaken with T2 which grossed only $500m. TC2 will make a lot more!

Dazel

Ha! It certainly takes a lot of steel to make killer robots...  ;D
"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 #507 on: February 13, 2012, 01:37:00 PM »

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #508 on: February 13, 2012, 01:57:08 PM »

Remember that Altius could own a real nice chunk of century iron ore!

http://altiusminerals.com/labrador_trough_iron_ore.php

Disclosure: we own Altius minerals and Alderon shares....we do not own Centruy iron ore

Dazel

Liberty

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Re: ALS.TO - Altius Minerals
« Reply #509 on: February 13, 2012, 07:14:27 PM »
http://www.newswire.ca/en/story/920521/harper-government-announces-job-creating-investments-in-the-port-of-sept-iles#.TzlmZ3JIJKU.email

Sept-Iles is the port that Alderon will have to use.


Quote
The ministers announced today that the Government of Canada will invest up to $55 million and will contribute to the construction of a new multi-user deep water dock at the Port of Sept-Îles equipped with two ship loaders, as well as two conveyor lines. This investment will help the port meet global shipping standards for the iron ore industry, which is the largest commodity shipped through the port to overseas markets. It will also boost the effectiveness and capacity of port operations. The Port of Sept-Îles is an important part of Canada's Continental Gateway system.

For those who can read French (or use google translate):

http://www.radio-canada.ca/regions/est-quebec/2012/02/13/003-investissement-port-sept-iles-quai-eau-profonde.shtml

It says the expansion should be done for March 31, 2014. In time for Kami to use.
« Last Edit: February 13, 2012, 07:16:06 PM by Liberty »
"Most haystacks don't even have a needle." |  I'm on Twitter  | This podcast episode is a must-listen