The following article was distributed first to Ticker Trax subscribers.
LAS VEGAS – On our way back to Colombia – see below. But first, we are dipping into the MoneyShow for Safe Six.
The Safe Six in our Ticker Trax™proposition are Platinum, Copper, Gold, Silver (rising three percent Tuesday), Molybdenum & Generic Drugs/Novel Molecular Compounds. The six commodities are prescribed for a Ticker Trax audience that can withstand extreme investing risk by exercising caution, purchasing cheaply and holding for years.
Here is a portion of what the MoneyShow audience will get today on Safe Six investing:
- Endeavour Silver (AMEX: EXK, Stock Forum) and (TSX: T.EDR, Stock Forum) – Silver (and gold) in Mexico. Silver is headed toward $20 an ounce. I expect Endeavour Silver to purchase a publicly-traded silver (or silver-gold open-pit) company this year. The company’s quarter is just in. All of the metrics, including costs, cash flow (a net profit for the three months vs. a year-ago loss), silver and gold output and on and on, are improved markedly. What is more, Brad Cooke and his team realize they have to show their audience its exploration activities are vibrant enough to hurtle the small Guanajuato and Durango company above five million ounces of silver equivalent per year. The recent quarter just unveiled produced 1.011 million silver-equivalent ounces at a 65-to-1 silver-to-gold ratio. Mr. Cooke and his team say they are doing exploration drilling at the San Juanico property in Parral, Chihuahua, among other points. What is more, Endeavour is mapping and sampling at its freshly-purchased San Sebastian project in Jalisco. Can’t keep all the projects straight? Endeavour Silver’s project outline on its Internet site is among the best in the business: Please see the Endeavour list. Endeavour Silveris a Planetary Prospect of Ticker Trax, and as with each of our 14 Prospects, we here at home own the shares. (Please see our Ticker Trax library for password-protected coverage.)
- Avanti Mining (TSX: V.AVT, Stock Forum) – Cheap and aspiring molybdenum mine at Kitsault in British Columbia. When Avanti’s Craig J. Nelsen and A J Ali see this through, Kitsault will be producing about 25 million pounds of the stainless-steel additive each year – for 15 years. That is 215 million metric tons of ore grading 0.085 percent of moly. That works for a world where steel-based moly demand is expected to expand six percent or so this year and next. Mr. Nelsen and Mr. Ali raised $17 million Canadian for the company. I just saw in the latest proxy that Mr. Nelsen, Avanti CEO living in Colorado, owns 10 million shares of the company. Canada’s Bob Cross of B2Gold and other miners and prospectors is an Avanti director and owns more than five million shares. That makes me feel g-o-o-d. Avanti Mining at a market worth of $30 million is the cheapest Safe Six proposition on this list. Few in the world of specialty metals will give this company respect until Avanti shows it can line up more financing for a project whose total cost probably will run more than $640 million. A J Ali, Avanti CFO, is trying to notch one or two off-take agreements for the mine’s easily-reached moly. The takers likely will hail from Asia, where steel mills require a steady and reliable supply of moly. I have been to Kitsault. I am a believer. Moly is an additive in all types of stainless steel. Avanti is a Planetary Prospect of Ticker Trax, and as with each of our 14 Prospects, we here at home own the shares. (Please see our Ticker Trax library for password-protected coverage.)
- After Las Vegas, I am returning to Medellin, Colombia, in the department of Antioquia. This is our seventh trip since autumn 2009. I am going to interview a politically-connected associate of Bellhaven Copper & Gold (TSX: V.BHV, Stock Forum), the newest Planetary Prospect of our service. My interview, just two weeks before the Colombia presidential election, will be with a former Colombia vice presidential candidate and Bellhaven adviser, Isabel Maria Patiño of Bogota.
Bellhaven just named an interim CEO, fund manager and doctor of geology Paul Zweng. Ticker Trax subscribers know Dr. Zweng (in Panama photo, right) via his involvement with copper prospector Antares Minerals (TSX: V.ANM, Stock Forum) of Peru. Dr. Zweng tells me today his priorities are: “Attract and hire new management … find or acquire a flagship property; I think one of our three properties in Panama could qualify. The belt of high-sulfidation epithermal gold deposit the company controls on the Azuero Peninsula (in Panama) looks very good.”
Dr. Zweng, in this photo with a local Panama geologist who works for Bellhaven, is seen poking around the Peninsula at one of several gold and copper prospects. The former QGX (Mongolia) CEO is one reason we placed Bellhaven on our Planetary Prospect list. Dr. Zweng took the reins at QGX and engineered a profitable sale of the gold and copper miner in 2004 or so. His success with Antares and its Haquira copper prospect in Peru is reported at length in Ticker Trax and on Stockhouse. The Stanford University doctorate says he is hopeful about Bellhaven’s prospects in Panama and Colombia, including ones in the San Lucas mountain range, which I saw from the air and on the ground.
“The drill rig is now at Cerro Quema,” Paul Zweng tells me today. “I think in two to four weeks, Pershimco will be done and we can start drilling at Pitaloza subject to permits.” These are all Panama prospects. I will be seeing the new CEO later this week in Colombia.
I have had the good fortune to be in the company of Paul Zweng on several tours in South America, including one of Bellhaven’s properties. Dr. Zweng of Honolulu’s Resource Venture Partners says he is an interim CEO until someone more permanent comes along. We’ll see about that. Julio Benedetti, the Panama mining veteran whom 53-year-old Dr. Zweng replaces, will remain as president. (More: See Stockhouse.)
(Also: Please see the Ticker Trax library for coverage.)
- Revett Minerals (TSX: T.RVM, Stock Forum) says the May 6 ruling on its Rock Creek silver and copper project in Montana runs more than 100 pages. CEO John Shanahan tells me, “We prevailed in a number of important areas such as Clean Water and Endangered Species Acts, but the court has asked for more work in certain areas and the net result looks like we will need to update sediment mitigation measures and re-issue a Supplemental EIS. The main body of work that has been done by the Forest Service and Fish & Wildlife has been validated and upheld.” The federal judge’s opinion and ruling are at the RVM Internet site. We here at home own a small number of Revett Minerals shares – about $600 worth. When investors read the entire court judgment they will see that the federal judge is doing all he can to see that Revett’s Rock Creek in gorgeous Montana meets all expectations for community and environmental support. At 38 cents Canadian, Revett shares are safe from a nasty decline in coming months. Plus, the company is making money at Troy Mine. (Please see our Stockhouse coverage for more.)
Please see Stockhouse for a selection of our Ticker Trax research and our password-protected library for subscribers. Thom Calandra owns shares of each of the 13 Planetary Prospects in Ticker Trax. Please see our Ticker Trax password-protected library for coverage of copper in Peru, gold in Peru, gold and copper in Colombia, gold in Ghana and silver and gold in Mexico.
(All photos by Thom Calandra. Thom and his family own shares of each of the 14 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. Subscribers always come first.)
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. As with each of the Planetary Prospects, Thom Calandra owns Colombian Mines, Xtra-Gold Resources, Endeavour Silver, BioCryst Pharmaceuticals and the other Planetary Prospects researched in Ticker Trax reports.
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™ is published by Stockhouse Publishing Ltd. Ticker Trax is an information service for subscribers and neither Stockhouse nor Thom Calandra is a broker or an investment advisor. 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 does not purport to tell or suggest the investment securities subscribers or readers should buy or sell for themselves. Subscribers and readers of Ticker Trax should conduct their own research and due diligence and obtain professional advice before making any investment decisions. Ticker Trax will not be liable for any loss or damage caused by a reader’s reliance on information obtained in the 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 representation or warranty, expressed or implied, is made as to their accuracy or completeness. All information contained in Ticker Trax should 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 does not receive compensation of any kind from any companies that may be mentioned in the report. 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. PLEASE DO NOT EMAIL THOM SEEKING PERSONALIZED INVESTMENT ADVICE, WHICH HE CANNOT PROVIDE. Copyright 2010 all rights reserved.