Canadian Small Caps

[Massimo]

Hi Massimo, I was looking around and was considering a few ... one in particular was OGC. I just dont know where the bottom of the barrel is

Hey blaz3,

IMO, I think we have one more push down to fully exhaust what sellers
are left before we head back up.

I would be looking for companies that are producing and not exploration companies so the risk is mitigated somewhat. Also, little to no debt, with a tight share structure and a solid experienced mngt team.

Time to do some more DD

Cheers!

[blaz3]

Is now the time to start nibbling on these PM stocks??

I'm no chartist, but many stocks look almost ready to break out, or maybe it's
another head fake.

Usually there is complete capitulation before the next bull run, but the last several years have been a slow painful death of many PM stocks.

I would like to know if anyone in this forum follows these type of stocks?
Or am I the only nutjob

Cheers!

Hi Massimo, I was looking around and was considering a few ... one in particular was OGC. I just dont know where the bottom of the barrel is

[Massimo]

Is now the time ?

Is now the time to start nibbling on these PM stocks??

I'm no chartist, but many stocks look almost ready to break out, or maybe it's
another head fake.

Usually there is complete capitulation before the next bull run, but the last several years have been a slow painful death of many PM stocks.

I would like to know if anyone in this forum follows these type of stocks?
Or am I the only nutjob

Cheers!

[edward]

Precious Metals

Thinking that gold and silver junior miners are a good place to be for the next few months. Looking for a good entry point into Great Panther Silver again while picking up some more Sandstorm Gold as well. Maintaining my positions in First Majestic Silver and Timmins Gold. What's everybody else buying these days in the pm space?

[edward]

Sino-Forest

Anybody else following the Sino-Forest story? I've been in and out a few times over the last couple of weeks and have made a very nice profit for my efforts. I'm inclined to believe more in the company than the allegations contained in the Muddy Waters report. Still have a considerable number of cheap shares that I picked up a few days ago before the gap up and not sure if I should plan to go long or just play it day by day. Hate to sell off and then chase this thing back to its old price of $25.

[edward]

Update - at noon the following day INT is bumping $2.00. This could get interesting.....
And it did - closed at $2.15

Next day up to $3.35 by 11am, falling to $2.25 by close
I sell out with 35% in 24 hours, could've been a double if I wasn't stuck in a meeting when it peaked.
Right now it's $1.36.
Turned out to be a real pump 'n' dump. Thanks Gene.

[edward]

Intertainment Media

Came across this one today - Intertainment Media, INT on the Venture exchange. The main product is an application that allows translation of emails, twitter, facebook, etc between people of different languages. It's being downloaded around the world in increasingly huge numbers and could become a really big deal in the social media scene. Gene Simmons is actually involved in this company if that means anything to you. Of course, there is lots of talk that this $1.29 stock will be $5.00 by Christmas. Just throwin' it out there - the rest is up to you!

[edward]

Edward,
I don't hold any copper or silver stocks right now but I have a bunch of the real thing, especially copper. I noticed the other day one of the silver stocks, maybe an ETF mentioned on MSNBC seemed to be always a dollar below current silver spot price. Never did any further research on it. Silver currently about 40.21/oz.


Can a person with an online U.S. broker trade TSX stocks without much red tape? When I had a Scottrade account it worked but that was several years ago.


-------------billy

Being a Canadian myself, it's difficult to say how easy it is for someone in the US to trade TSX stocks. I have a good friend in NY state who tells me that it is hit and miss as to what he can access. One angle though is to look for Canadian resource stocks that are also listed in the US. First Majestic, Great Panther, Western Copper are some that come to mind. Timmins Gold on the TSX will be listed in NY soon as well and should get a good boost in share price as a result.

[Deaddog]

Check out RVC.V (No position)

Should have had a position

[Deaddog]

Can a person with an online U.S. broker trade TSX stocks without much red tape? When I had a Scottrade account it worked but that was several years ago.


-------------billy

No problem with IB

[billyjoe]

Edward,
I don't hold any copper or silver stocks right now but I have a bunch of the real thing, especially copper. I noticed the other day one of the silver stocks, maybe an ETF mentioned on MSNBC seemed to be always a dollar below current silver spot price. Never did any further research on it. Silver currently about 40.21/oz.


Can a person with an online U.S. broker trade TSX stocks without much red tape? When I had a Scottrade account it worked but that was several years ago.


-------------billy

[edward]

Western Copper now up 20% since my last post. Resources at the Casino project have been expanded and it is now a world class mine in the making. CIBC target is $7.50, current price is $4.13. A good one to have a look at.

[edward]

Here's an interesting one - Western Copper, listed as WRN in Toronto and New York. Off it's high due to the Japanese news but working back up again. If you're looking for a quick 15-20% this could be a no-brainer in my opinion.

[edward]

Just noticed that First Majestic and Great Panther are numbers one and two on the Barchart Top 100. Here's to hoping that this week brings some much-needed healing to our planet and it's people.

[steelman]

The Stansberry Research guys highly recommends gold and silver as well. It makes sense when you the Chinese are getting rid of their US dollars and buying gold as well. That's a real scary thought of what could happen if the US dollar is replaced as the world's reserve currency. Sh#t will hit the fan. I did pick up some SLV and SVM this past week.