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Ghana, Colombia: XTGR, AGD, BHV, KGN, ANM

This is our Ticker Trax™ making bread for clients: forward-looking statements. 

GHANA: We here at home own 125,000 or so shares of Xtra-Gold Resources (OTO: XTGR, Stock Forum) at an average of about $1.05 each USA.

Kinross Gold Corp. (TSX: T.K, Stock Forum) and (NYSE: KGC, Stock Forum) and its $7 billion (mostly stock) intention to purchase all of Red Back Mining Inc. (TSX: T.RBI, Stock Forum) of Ghana and Mauritania is in this Stockhouse article: delivered Tuesday.

We reported Kinross’s swift interest in West Africa via Stockhouse and Ticker Trax  fresh off our April 2010 trip to Ghana. That was when Kinross paid $600 million for most of Red Back Mining’s springtime equity serving. At the $1.21 stock price of today (Wednesday), Xtra-Gold is still just a $40 million company.

Robert Casaceli, a Nevada-based structural geologist who is allied with Xtra-Gold and is a director, tells me from Canada that Xtra-Gold’s Kibi Gold Belt soon will become “the latest undiscovered thing” for West Africa gold investors. “Keegan [Resources Inc.] (TSX: T.KGN, Stock Forum) and (AMEX: KGN, Stock Forum) was good enough to exploit the Esaase District there (I have seen it) and now Yves Clement and his Xtra-Gold team are doing the same in the Kibi. The alluvial at Apapam (base camp and chief prospect) and thereabouts for Xtra alone is hundreds of thousands of ounces. The granitoids along all of the structure point increasingly to 2 million ounces and possibly far greater amounts.”

I have a vested interest in Ghana. Xtra-Gold is a preferred client of Stockhouse, distributor of Ticker Trax ™. I help managing director of Ghana operations and large shareholder James Longshore get his story told. This is the only fee-based relationship I have personally with any subject covered at Ticker Trax and at Stockhouse. Stockhouse also has advertising and investor relations contracts with many natural resources companies. My coverage of any of them is in no way influenced by any Stockhouse links.

I am considering expanding my ownership of Ghana companies to include Keegan Resources. Perhaps Perseus Mining Ltd. (TSX: T.PRU, Stock Forum), whose Kevin Thomson, chief geologist in Ghana, tells it like it is. My desire for more Ghana comes after Kevin Williams at small gold-stock specialist Cormark Securities in Toronto said he sees a higher bid for Red Back from Newmont or Ashanti or someone out there. “We believe there is a high probability of a higher bid for Red Back given the exploration potential of the Tasiast asset, and we also believe Kinross will be hard-pressed to bid much higher than the current offer given the discount at which the company’s shares currently trade,” Mr. Williams says.

COLOMBIA: Bob Casaceli, Xtra-Gold’s consultant geologist, has other interests: royalty maker Franco-Nevada for one. Also an Ontario prospector: Creso Exploration Inc. (TSX: V.CXT, Stock Forum) in Ontario. In our Colombia space: Antioquia Gold Inc. (TSX: V.AGD, Stock Forum), a speculative and thus-far losing choice of our Ticker Trax service. I own the shares. When I spoke with Bob on Tuesday, I told him I was rattled that tiny Antioquia Gold is seeking money for its Cisneros drill program in the Department of Antioquia at this gosh-awful low stock price of 22 cents Canadian. He said, “They get no credit for anything in the ground as of yet. But the eggs are there and now that we have the structural approach down, I think we will see those pods connect quite nicely.” We shall see.

PERU COPPER: Antares Minerals (TSX: V.ANM, Stock Forum) CEO John Black says Xstrata Copper is now full steam ahead on the vast copper project right next to Antares’ Haquira in Peru. Australia’s Xstrata Copper, part of Switzerland’s Xstrata Plc (OTO: XSRAF, Stock Forum), says it will require about $4 billion for developing its Las Bambas project, which I flew over (with John Black and Antares founder Paul Zweng). “I don’t think we could ask for a better indication that Haquira is located in a favorable jurisdiction for investment in major mining projects,” Mr. Black says. “The development of the adjacent Las Bambas project may offer additional synergies that are yet to be explored. With six rigs turning and initiation of Pre-Feasibility Study (PFS) activities, we will see a steady news flow through to the end of the year and beyond. We have a solid cash position with more than $10 million in the bank. One of our most immediate challenges is to make the project as well known to the general investing public as it is to the world of companies interested in acquiring an asset of this quality. We are taking steps to answer this challenge with a near-term goal to see our market capital rise to a level more appropriate for a project of the quality of the Haquira Project. I think you will begin to see some results in from these initiatives in the next few weeks.” I do not own Antares shares but the idea is on my plate after a favorable review of Haquira in March and April of this year.

Planetary Prospects

There are 12 of them. Please visit www.tickertrax.com and search our landing page for details on the start of coverage for individual Planetary Prospects and the entry price. In addition, Xtra-Gold Resources is a preferred client of Stockhouse, the distributor and publisher of this Ticker Trax™ report. We here intend to report good and bad on our Planetary Prospects.

NEW ORLEANS: This autumn I will be making two or three appearances outside of prospect tours. One of them is in New Orleans, where I appear each year at Brien Lundin’s New Orleans Investment Conference.

If you’d like to join our Stockhouse and Ticker Trax audience at the late-October show, please register and pay up at this link: REGISTER FOR NEW ORLEANS. You get a discount on the price at that address. And I have something special planned for New Orleans. It’s my favorite investment show – along with the longstanding San Francisco conference in November.

Ticker Trax is in place because its fiscal loyalty is to subscribers who are looking for radically cheap investments. Our service, started in November 2008, researches a select group of Planetary Prospects with legitimate shots at rising 1,000 percent or more in the span of two years, maybe less and maybe more.

  • We hope you out there in the Stockhouse audience consider joining our expanding service, now in its 20th month. It is at www.tickertrax.com. Needy wanna-be subscribers can petition Stockhouse with a plea and a suggested price for the $399 service at members@stockhouse.com. The service is thriving amid a gloomy summer for natural resources stocks.

Ticker Trax
Please see Stockhouse for a selection of our Ticker Trax research and our password-protected library for subscribers. Please see our Ticker Trax password-protected library for coverage of drug discovery and of gold, uranium, copper, silver, moly and platinum.

(All photos by Thom Calandra. Thom and his family own shares of each of the 12 Planetary Prospects. Thom’s personal holdings are available for all to see on Stockhouse, the Canada publishing company. Subscribers are informed well in advance of any shift in research regarding Planetary Prospects and any purchase or sales decisions.)

Ticker Trax™Please see tickertrax.com to learn more about this wealth service and its Planetary Prospects. For an index of free Thom Calandra articles, please click here. For an entire explanation of our strategies, research methods and disclosure procedures regarding all aspects of Ticker Trax and our Stockhouse reports, please visit our readily available Stockhouse articles. Please see this one in particular: Core Box Revealed. Thom Calandra’s on-site tours of properties are paid in part by the hosting companies and in part by Stockhouse and Thom Calandra. For the password-protected Ticker Trax library, please see: www.tickertrax.com/Login.aspx.

HOLDINGS: Thom’s holdings are listed for Stockhouse members at www.Stockhouse.com under the “portfolio setting” for user TCALANDRA. It is public and free to view. He and his family own recently minted gold and silver coins and shares of about 30 public and two private companies.

THOM CALANDRA of Ticker Trax helps his audience find value in a quagmire of investment choices. Thom co-founded CBS MarketWatch and MarketWatch.com. As the voice of Thom Calandra's StockWatch and The Calandra Report, Thom pegged $300-ounce gold as a long-term hold in 1999 and in 2000. He has been covering life-sciences and natural resources since 1988.

Thom Calandra and Stockhouse produce this and other free reports. Please visit www.Stockhouse.com.

Ticker Trax and Thom Calandra’s reports from the field are distributed by Stockhouse Publishing Ltd. Ticker Trax is an information service for subscribers and neither Stockhouse nor Thom Calandra is a broker or an investment adviser. None of the information contained therein constitutes a recommendation by Mr. Calandra or Stockhouse that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. Ticker Trax and Stockhouse do not purport to tell or suggest the investment securities that subscribers or readers must buy or sell for themselves. Subscribers and readers of Ticker Trax and Thom Calandra’s freely available Stockhouse articles are asked to conduct their own research and due diligence and obtain professional advice before making any investment decisions. Ticker Trax will not be liable for any losses or other damages caused by a reader’s reliance on information obtained in these reports. Subscribers and readers are solely responsible for their own investment decisions. Opinions expressed in Ticker Trax are based on sources believed to be reliable and are written in good faith, but no representations or warranties, expressed or implied, are made as to the accuracy or completeness of those opinions. All information contained in Ticker Traxshould be independently verified. The editor and publisher are not responsible for errors or omissions or responsible for keeping information up to date or for correcting any past information.Ticker Trax and Thom Calandra do not receive compensation from any companies that are mentioned in these reports. Companies hosting research tours sometimes pay for travel expenses. Any opinions expressed are subject to change without notice. Owners, employees and writers may hold positions in the securities that are discussed in Ticker Trax and in Stockhouse articles and will disclose when such ownership occurs. PLEASE DO NOT E-MAIL OR CALL THOM CALANDRA SEEKING PERSONALIZED INVESTMENT ADVICE, WHICH HE CANNOT PROVIDE.  Copyright 2010 all rights reserved.

 
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Comments
Lets revisit GPR.The lowly insiders continue to flip options for less than a 30 cent gain.Its like a wildfire of insiders churning options!
yrs end $3.5 trillion dollarsworthof debt. Withinterest in dollar denominated assets diminishingaroundthe world, asevidenced by reports that central banks are now tradingdollarbackedassets for gold, this could leave our government and the Fedwithonlyone option . . . PRINT MORE DOLLARS!Ifthere was ever a reason gold pricescould climb 2200% off theirrecent lows
Thom, do some DD on PPI. Passportpotash. www.passportpotash.com
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