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Polaris Minerals Corporation T.PLS

Sector: Building Materials | Sub-Sector: Building Materials
Alternate Symbol(s):  POLMF

Polaris Minerals Corp is a supplier of high quality sand and gravel concrete aggregates in northern California. It is engaged in the development and operation of construction aggregate properties and projects in North America.
Price: $2.33 | Change: +$0.05 | %Change: +2.19%
Volume: 80,815 | Day High/Low: 2.35/2.30 | 52 Week High/Low: 3.20/1.38


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0 stars

RE:RE:RE:Eagle Rock Quarry

That would be a major win for PLS and we need it. The way the earnings and offering were handled has hurt the stock. We are now 30 cents below offering. I am sure those investors are not happy about...read more
1 star

RE:RE:Eagle Rock Quarry

Now, that's interesting.  I'm sure they are also looking into increasing the allowable yearly tonnage of sand and gravel from Orca.  I wonder how difficult it would be to get that permission from the...read more
3 stars

RE:Eagle Rock Quarry

Word on the street is - something better has come up, something that has been in the mix for a few years.  Beside Orca is a hard rock source - its been drilled, its the real deal, its permitted, and...read more
0 stars

Eagle Rock Quarry

Aggman, Any idea how long it would take and how expensive to start production and shipping of granite out of Eagle Rock once the decision has been make to go? I'm guessing they'd need at least 3...read more
0 stars

RE:RE:Paradigm Capital raises target price from $3 to $3.25

I do not, I saw it on a summarized Canadian round up.  You could call David Davidson, here in Toronto -  His dets from the PLS website are: (maybe give him a call and see if he'd push a report over...read more
0 stars

RE:Paradigm Capital raises target price from $3 to $3.25

Do you have the write up if there is one? I would love to see what they are basing this on. Stock has been straight down since offering. Call did not help.  rate and reply
0 stars

Paradigm Capital raises target price from $3 to $3.25

That's a nice vote of belief from Paradigm Capital.  rate and reply
5 stars

RE:RE:RE:RE:RE:RE:New thread: Catch all of last 4-5 posts

And (maybe not a final thought) - they have $21M in cash and development options to explore - ranging from San Diego, to other points around LA.  When you think about what "scarcity" is, there is a...read more
0 stars

RE:RE:RE:RE:RE:New thread: Catch all of last 4-5 posts

Aggman, Thanks again for your analysis. If you are right with cogs, Long Beach pricing, then Polaris is easily a $5-7 stock, depending on Mr. Market's mood when the good news starts to roll in. I'd...read more
5 stars

RE:RE:RE:RE:New thread: Catch all of last 4-5 posts

a few points to shape your analysis.  As volumes increase, unit costs will drive down - we are starting to see that trend. I think unit costs went down 80 centston QoQ - this is good. Run your...read more
5 stars

RE:RE:RE:RE:New thread: Catch all of last 4-5 posts

That is what that quality aggregate will comand in that market.  I was discussing it with a RMX producer in LA recently. Just remember the US is on a pricing uptick.  Just 4.5 years ago - the LA...read more
0 stars

RE:RE:RE:New thread: Catch all of last 4-5 posts

I would love some feedback on my post below. My calculations puts cost of goods sold for any shipments over 4 million tons per year at $11.62/ton. Selling only 4 million tons into SF, Polaris needs ...read more
0 stars

RE:RE:RE:New thread: Catch all of last 4-5 posts

Thanks for your insight Aggman, Curious to know how you get the $20/ton price for Long Beach?  I've read prices in LA have been closer to $13-$16/ton over the past decade.  rate and reply
5 stars

RE:RE:New thread: Catch all of last 4-5 posts

Polaris's aggregate qulaity is indeed very high. Normally in markets - what matters most is that it is approved byt the State DOT for state projects.  Similarly that it approved by US Corps of...read more
0 stars

RE:New thread: Catch all of last 4-5 posts

Hi Aggman and any other posters who know something about aggregates, I'm trying to get an understanding on how much better Polaris' aggregates are compared to their competitors.  I've read the...read more
5 stars

New thread: Catch all of last 4-5 posts

I just listened to the call - I thought the questions were valid enough.  I thought the recent equity raise would bring new Montreal & Toronto institutions/investors here into the mix - so it would be...read more
0 stars

RE:RE:RE:RE:RE:Earnings

As hard as it might be, the best way to make money with Polaris is to forget you own it and come back to it in 5 years.  We are no where near the level of construction that was happening in 2002-2007...read more
0 stars

RE:RE:RE:RE:Earnings

I too was disappointed by the Q2 results and the lack of encouraging or meaningful information from Herb. The new selling price index in the MDA is an excellent idea, but the actual increase - 6% over...read more
0 stars

RE:RE:RE:Earnings

I just listened to call. I like that analyst from Atlanta Nick. He asked some very hard questions. The same stuff we are speaking about. Pricing and that equity raise coming out of left field. Herb...read more
5 stars

RE:RE:Earnings

I agree with you fully across those 5 points.  The Business update in early January set a high expectation for the business, and Port of Long Beach.  Its been delayed 6-9 months- however you want to...read more