This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Positions updates

Jump to new
pdn seem pretty ignorant of the 4 buck 'barrier'.
is the next block near 6 bucks?
i sold the rest of my pdn warants yesterday to fund iva, but hoped to get back in post 4 bucks.
just so many prospective looking stocks.
but bmn seem worried about the dollar barrier...it was strong support on the way down...
i just cant bring myself to buy ext, short of liquidity too.
did u pay much attention to the imf report.
it wasnt good reading for australsia, but i have more faith in aus than the imf.
appologies re the language yesterday.
 
PDN looks promising but on the long term weekly chart still not really broken through. The news out of China on nuclear energy development looks pretty bullish for the sector.

I'm not sure how much EXT should be worth. They have an MC close to $1b don't they. Awesome project, but seems quite a lot for this stage of development. I'm interested in them, but maybe after a decent correction.

Haven't read the IMF report.

I'm still thinking very long term there's going to be an awesome opportunity in the markets here. The century of Asia has only just began.
 
yes, but the 24 or so new reactors were signalled well over a year ago. i think they have mentioned a handful more now, but it makes u wonder how long news and ideas take to perculate thru.
the states needs a load too.
i listened to boardroom radio on iva, and obviously it was a ramp, but they seem to think its just the tip of the iceberg, ie it goes down like olympic dam(1 or 2? k down and still strong).
ie its possibly just a blob off of the main orebody thats been extruded from the depths of .... i guess we will see. overpriced but fun.
 
KMN were tipping Kalman as an ODII as well some time ago. I spoke face to face with the GM stating so. The deposit is a turkey.

My mention about the 'new' reactors was actually on top of the previous news I think. That may explain the recent price action. I suspect a few countries will ann additional nukes soon, maybe even australia one day. The problem is, there's uranium fvckin everywhere. Once all the potential deposits are into production the price of U will be a few cents a ton!
 
did you also see deep yellow are onto one of those hi grade uranium lines like ext.
you wonder when bannerman will wander onto one.
olympic dam worries me re supply but i guess the big boys have done the sums.
i agree aus likely needs three or so power plants for desalinisation etc.
the states needs/plans for a load more of nucs also. all their infastructure needs work supposedly.
 
The depth might be a problem for the DYL find. So far.
 
Thought about taking some off the table this week but hesitated. I'm a bit confused with my plan at the moment. Hold long and add on dips until I see something overdone, or keep actively trading conserving capital. Confused generally about the market really, so perhaps that's the reason. Another serious leg down into depression oblivian, or or the bottom in. Still have a pot of gold uninvested and the margin loan is calling out to me.
 
you seem to have gone on holiday early....
i think the only decent news from an otherwise boring week too me was that some scientists(australian?) showed that the antartic is growing, thus dispelling all the scaremongering going on about the collapse of the ross ice shelf.
plus the nasdaq showing good signs of life....
 
Yeah, just trying to get my head around the markets at the moment and be patient. I don't think it's going to take much for this rally to really fall over. Just some momentum selling really. This is a nice bear rally, but not the opportunity I have been waiting for. No capitulation at the bottom of this, although maybe that was done some time ago? I'm not even sure if I'll sell up when I go to Mexico so I can really have a holiday or keep in touch every night. Taking the laptop, but I think I might prefer sun set drinks on the beach instead of looking at a computer screen. Last May I was in the Brazilian Amazon and Venezuela for the month and that was when my portfolio really really fell over and I couldn't manage it. I'll see what the wifi's like I suppose and just see. Obviously not holding many stocks but have quite a few $ in them. Should be easy to tidy it up. Hm, rambling a bit. Off to the gym...
 

Attachments

  • Holdings 24 Apr.GIF
    20 KB · Views: 154
u might want to take some tamiflu to mexico if the outbrake gets hold
it seems to work on this one, its a hundred buks or so but it keeps. u take it within 24hrs of showing signs of temperature etc, and it knocks many virsuses about.
one day soon one of these viruses will take hold and clean a few out.
 
Not too worried at the moment, seems confined to central north Mexico and south USA. Will only take one person on a flight to Cancun to cause it to hit where I'm headed though. Have my eyes out. This could be troubling. I'm probably buying BTA for a trade on the open tomorrow.
 
they seem a bit worried about this one, its already well out. concerned about it mutating. its a weird mix of genes too, and very communicative.
mexico only got onto it weeks later after the states hammered them. it will be in aus already.
a trading opportunity i guess as u indicated.
quick to dispell bioterrorism too.....mexico isnt usually the place these things r evolved, usually in the worst parts of asia.
 
Bought a handful of MEL at 50.5.

Looks undervalued and (hopefully) bouncing off uptrend line. Will add on break through 60.
 
Hi Kennas, really enjoy reading your blog - excellent work. I've recently bought into MEL as well which is not only undervalued but technically showing some classic textbook setups, ie in this case a LT ascending triangle. It's interesting watching the intraday activity as the big punters consistently come out around the support levels. If 60c break I'm seeing targets in the low 90ish cent region, although if there's some positive news (ie, from BP), the sky's the limit here, so to speak. I think the market is hanging out for news on this...hope it won't be long.

Anyway, keep up the great work. Your adventures in Peru remind me of my awesome childhood years in Lima, although a lot has certainly changed since then.

Buena suerte y hasta pronto.
 
Yes fingers crossed with MEL. All things being equal should see it re-rated eventually. Might just be a waiting game. Hopefully the market doesn't implode in the meantime and take us with it. I'm pretty new to studying CSM plays so I'm not 100% sure about it.

Thanks for your kinds words on my blog. I've been a bit lazy recently and haven't putting anything to print. Going to Mexico for May (I hope), so will be updating my adventures then.

Childhood years in Peru? You're Peruana/o?
 
hi mate
the market seems pretty resilient, like a threat of a pandemic and it ignores it pretty much after a good rally and every man and their dog predicting another leg down.
u presume they won't announce too much bad news in the stress tests, why would u.
sideways for a while?
at least if u go to mexico it might be quiet....
 
It sounds like the Yukatan Peninsula is OK so it still should be noisy Mexico there.

PDN looks like it's clearing $4.00....
 
Will be buying more PDN if the break is confirmed eod which it looks like it already has.

Bought a handful of ICN.

Still concerned about the next break down looming....
 
i started looking at icn too from yr comment. csg is grt but how much, how soon do we need....
awesome potential, easy to produce too it seems. and aus has so much coal, but china has more, far more i believe-nasty coal. it still must produce csg.
this viral thing is still a worry, nz seems pretty active on it, if it gets worse will they let u out of mexico...
 
You must log in or register to reply here.

Similar threads

M
VGS vs. IVV + VEU
Replies
13
Views
5K
Ferret
Basic chart analysis/chart reading 101 for beginners
Replies
10
Views
4K
Gunnerguy
G
R
Find Your Edge
Replies
3
Views
2K
charlsie
C
R
How to Beat the Efficient Market
Replies
9
Views
2K
RickyY
R
D
How Much Should You Put In A Stock?
Replies
1
Views
4K
flynnmactier
F
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...