The next big Resource Stock?

[MalteseBull]

DYL or PDN

/ end thread

 

[mildew79]

it is a much different market now for a penny hopeful than three years ago. newly developed companies shall be subject to much higher competition and become potential takeovers targets. pennies that do go nuts will mostly be due to new announcements / findings, something we cannot really predict at this time(however can still definitely profit from when the time arises).

what we do know:

zinc LME supply vols are exhausted and in an obvious downtrend. they will likely remain so until majority of newly developed mines commence production (until the end of 07 I'd say as an estimate). any mines currently producing shall be able to simpy name their price. you guys know who they are. equate an increase over the year to Zn @ US $3+ pound into the profits......

uranium is in the same boat, however subject to a little more politics. PDN likely to see a significant SP increase in near future.

 

[petervan]

eqn should be top 100 in 2 years

 

[Halba]

zn usd 3$$ thats a bit rich!

 

[mmmmining]

CMR
good management, good resources, U3O8, CU, Co, Ni, Pb, Ag, Au...

Another one could be: CSM
The Mn, Cr could be back in favor anytime. Ni is expanding. Have got hands in JML, VML to get Cu, Zn, Ag, and Sn covered, with Fe IPO...

 

[chops_a_must]

CMR
good management, good resources, U3O8, CU, Co, Ni, Pb, Ag, Au...

Another one could be: CSM
The Mn, Cr could be back in favor anytime. Ni is expanding. Have got hands in JML, VML to get Cu, Zn, Ag, and Sn covered, with Fe IPO...

Wha? EDIT: Sorry, yes Cobalt and Manganese look good.

If nickle keeps going the same way, as it looks more bullish than zinc without the hype, then look at stocks like IGO, MCR or SMY even.

ZFX will be the next through $20. Massively undervalued.

Long term looking at Platinum though.

I'm no expert, just looking at fundamentals.

 

[nizar]

If nickle keeps going the same way, as it looks more bullish than zinc without the hype

You think there is "hype" in zinc stocks but none in "nickel" stocks?
Have a look at how some nickel stocks have performed this year.

In my opinion BOTH metals are being driven by fundamentals.

 

[chops_a_must]

You think there is "hype" in zinc stocks but none in "nickel" stocks?
Have a look at how some nickel stocks have performed this year.

In my opinion BOTH metals are being driven by fundamentals.

Yeah, they have out performed zinc stocks, but that's not what I'm saying.

What nickel pure plays are on the news each night like ZFX is? That was my point.

I agree, they are both being driven by fundamentals. But even on this forum, people are more interested, seemingly, on the zinc stocks, for whatever reason than they are on nickel plays.

 

[haemitite]

maybe if they win their legal battle with rio. otherwise no chance.

even if CAZ win the legal value it is very doubtful that Shovelanna will ever get mined. It's stood untouched for years for good reason. CAZ has two big bets (1) that they win the legal case (2) BHP decide to convert a year old non-binding agreement into something more substantial.

But why would BHP replace their own low cost tonnes with expensive 3rd party tonnes?

 

[nizar]

Yeah, they have out performed zinc stocks, but that's not what I'm saying.

What nickel pure plays are on the news each night like ZFX is? That was my point.

I agree, they are both being driven by fundamentals. But even on this forum, people are more interested, seemingly, on the zinc stocks, for whatever reason than they are on nickel plays.

Maybe because of one of the market myths, the common thinking of the masses that "stock XYZ has gone up so much already, surely it cant go up anymore" ??

 

[Fab]

Maybe because of one of the market myths, the common thinking of the masses that "stock XYZ has gone up so much already, surely it cant go up anymore" ??

Another good example of what you are stating here is PDN which I think will run further maybe like ZFX and for longer

 

[Sean K]

Another good example of what you are stating here is PDN which I think will run further maybe like ZFX and for longer

Perhaps. If U3O8 keeps climbing like it does, and possibly go to $100+ where many analysts are pointing (sorry no ref) and if a couple of their projects develop and come through in smart time (like Kayelekera) then you'd have to be looking at this appreciating considerably. Just how much will depend on other projects (like the IUJV with SMM in Mt Isa) pending Labor policy change, and POU of course.

 

[chops_a_must]

Maybe because of one of the market myths, the common thinking of the masses that "stock XYZ has gone up so much already, surely it cant go up anymore" ??

That is possibly the case. The fundamentals say otherwise though.

 

[michael_selway]

Maybe because of one of the market myths, the common thinking of the masses that "stock XYZ has gone up so much already, surely it cant go up anymore" ??

"stock XYZ has gone up so much already, surely it cant go up anymore"

The above statement reminds me of the tech wreck, everyone keeps chasing the prices up no matter what, until the "bend at the end".

thx

MS

 

[Sean K]

"stock XYZ has gone up so much already, surely it cant go up anymore"

The above statement reminds me of the tech wreck, everyone keeps chasing the prices up no matter what, until the "bend at the end".

thx

MS

Yes MS. I think there's just a few of us who went through this. Luckily I did not have much in the market then but still lost 50% probably. Holy goat, that would be a lot of money now! I'm even thinking of cashing in some managed funds now.

 

[mmmmining]

Yes MS. I think there's just a few of us who went through this. Luckily I did not have much in the market then but still lost 50% probably. Holy goat, that would be a lot of money now! I'm even thinking of cashing in some managed funds now.

Ironically, I lost more than 50% by not owning any dotcom stock. I was a "value" investor. Anyone remember HIH, and ARL?