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Global Mining Investing $69.95, 2 Volume e-Book Set. Buy here.Author, Andrew Sheldon
Global Mining Investing is a reference eBook to teach investors how to think and act as investors with a underlying theme of managing risk. The book touches on a huge amount of content which heavily relies on knowledge that can only be obtained through experience...The text was engaging, as I knew the valuable outcome was to be a better thinker and investor.
While some books (such as Coulson’s An Insider’s Guide to the Mining Sector) focus on one particular commodity this book (Global Mining Investing) attempts (and does well) to cover all types of mining and commodities.
Global Mining Investing - see store
Mar 11, 2016
Andrew Sheldon sent you a video: "John Galt Speech Atlas Shrugged Part 3"
Nov 30, 2009
Marengo Mining (ASX.MGO)
Marengo Mining is an Australian mineral exploration-development company developing a copper-gold project in PNG. This company has several advantages and disadvantages:
Advantages:
1. It is a very large project so it is an attractive leveraged investment into metal exposure.
2. This project is going to be a long life mine
3. The possibility of higher grade (gold?) zones which might allow higher earnings in the early years.
Disadvantages:
1. The project is a copper-molybdenum project. The gold content is nominal only unfortunately.
2. The project's commodity output will be hit by the rising interest rate environment in coming years - both in terms of its debt exposure and the impact on commodity prices. So its a pity there is little gold content.
3. The mine will not be producing until 2013, so looking at a long development lead time. This is what you expect from such a large project.
This stock will make good buying in 2012 I suggest, though of course one will need to look at the commodity prices at the time and interest rates to see if they are viable. In the long term it will be an attractive project. Certainly its a stock to watch, but I'd be looking for more gold, precious metal content. More info on this company at Marengo or see this presentation. Latest share price at Google Finance.
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Andrew Sheldon www.sheldonthinks.com
Advantages:
1. It is a very large project so it is an attractive leveraged investment into metal exposure.
2. This project is going to be a long life mine
3. The possibility of higher grade (gold?) zones which might allow higher earnings in the early years.
Disadvantages:
1. The project is a copper-molybdenum project. The gold content is nominal only unfortunately.
2. The project's commodity output will be hit by the rising interest rate environment in coming years - both in terms of its debt exposure and the impact on commodity prices. So its a pity there is little gold content.
3. The mine will not be producing until 2013, so looking at a long development lead time. This is what you expect from such a large project.
This stock will make good buying in 2012 I suggest, though of course one will need to look at the commodity prices at the time and interest rates to see if they are viable. In the long term it will be an attractive project. Certainly its a stock to watch, but I'd be looking for more gold, precious metal content. More info on this company at Marengo or see this presentation. Latest share price at Google Finance.
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Andrew Sheldon www.sheldonthinks.com
Clean Seas Tuna (CSS.ASX)
This is not a blue chip, but its not a miner either so there is no where else to put it, and a good investment is a good investment. The question here is timing. I refer investors to the latest announcement. Clean Seas Tuna (CSS) has successful hatched tuna on its land-based tuna hatcheries, which will enable it to farm the fish. The company is coming to terms with its balance sheet, it has new management and still has some work to do on its cost control. Nevertheless one can expect a company which has mastered the art of farming tuna, in a climate of diminishing natural fish stocks, growing people populations, increased regulation of fishing and increasing awareness of dietary issues to have a promising future. There is of course no better, no cleaner seas than the southern oceans to farm fish. One can therefore expect this company to have a bountiful future. I would thus encourage people to take an interest in this company. Time Magazine judged its 'farming of tuna' as the 2nd best innovation of 2009. I actually think it was first, but American pride demanded it was placed second. They are not as grounded as us Australians. :)
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Andrew Sheldon www.sheldonthinks.com
This is not a blue chip, but its not a miner either so there is no where else to put it, and a good investment is a good investment. The question here is timing. I refer investors to the latest announcement. Clean Seas Tuna (CSS) has successful hatched tuna on its land-based tuna hatcheries, which will enable it to farm the fish. The company is coming to terms with its balance sheet, it has new management and still has some work to do on its cost control. Nevertheless one can expect a company which has mastered the art of farming tuna, in a climate of diminishing natural fish stocks, growing people populations, increased regulation of fishing and increasing awareness of dietary issues to have a promising future. There is of course no better, no cleaner seas than the southern oceans to farm fish. One can therefore expect this company to have a bountiful future. I would thus encourage people to take an interest in this company. Time Magazine judged its 'farming of tuna' as the 2nd best innovation of 2009. I actually think it was first, but American pride demanded it was placed second. They are not as grounded as us Australians. :)
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Andrew Sheldon www.sheldonthinks.com
Sep 9, 2009
Metals X (MLX.ASX) prospective nickel project
There is no insatiable need for a new nickel project at this time, however the time will come when nickel stocks will recapture some of their prior glory. When that happens a good stock to consider will be Metals X, an Australia tin miner, with a royalty from BHP's nickel operations, and its own ambition to become a serious nickel miner.
For further information on this company, you can refer to the company presentations (as & when they are released) and broker reports.
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Andrew Sheldon www.sheldonthinks.com
For further information on this company, you can refer to the company presentations (as & when they are released) and broker reports.
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Andrew Sheldon www.sheldonthinks.com
Sep 5, 2009
Cockatoo Coal (COK.ASX)
Cockatoo Coal (COK.ASX) is one of the better coal stocks in the market given this company has a number of high profile coal industry executives - mind you they are mostly marketing people. Importantly there are a number of coal consumers with significant equity in the company. The company has a large portfolio of coal-bearing tenure in Queensland's Bowen and Surat Basins hosting significant resources of semi-coking, PCI and thermal coal. These resources are being assessed and promise to offer substantial increases in reserves. The company also needs to participate in a railway extension to the Surat Basin, and in time will need to secure a port allocation for exporting coal. These issues will be addressed in time. The other critical industry for the industry is carbon emissions taxes. This is a difficult issue to assess given the political coercion, though personally I have written a book about the lack of real evidence to support the anthropological global warming hypothesis. This debate is being carried by governments and the media, and not by scientists. There remains opponents to the argument who are ignored. Critical thinking scientists are the minority. Science is not a popularity contest. When Jamie Durie, the gardening guru and TV presenter is in the Arctic telling us that seals are dying out because of global warming....our scientific scepticism has to kick in. When we are told that the ice sheets in Antarctica are melting...when in fact its one in four regions, and the ice sheets in the other regions are growing....you need to question the validity of the news.
The implication is that coal stocks could greatly benefit from a desensitisation of the global warming issue. My sense is that regardless of whether there is global warming, governments are intent on expanding their indirect taxing powers, i.e. They want a broader-based energy consumption tax. For more information on Cockatoo Coal read the company presentations or the broker reports.
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Andrew Sheldon www.sheldonthinks.com
The implication is that coal stocks could greatly benefit from a desensitisation of the global warming issue. My sense is that regardless of whether there is global warming, governments are intent on expanding their indirect taxing powers, i.e. They want a broader-based energy consumption tax. For more information on Cockatoo Coal read the company presentations or the broker reports.
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Andrew Sheldon www.sheldonthinks.com
Sep 4, 2009
Lynas Corporation (LYC.ASX)
Lynas Corporation (LYC.ASX) occupies a unique place in the world. It is one of the few exposures one may get to the rare earths market. Better still - the company controls the highest grade resource in the world - but maybe for not much longer - given the prospect of a Chinese state-owned enterprise taking a controlling stake in the enterprise. Its not just a case of 'rare earths' but the suite of rare earths, stage of project advancement and the complexity of the ore assemblage.
China already controls over 80% of the world's rare earths market. These metals are used in minute quantities in a vast array of applications. The potential for the Chinese government to 'corner the market' poses a real threat to consumers, but more importantly, a great opportunity for Lynas minority shareholders.....and CEO Nick Curtis. It seems improbable that the Australian government could block the investment given that Australia is not a consumer of these metals. It is possible though that the US or EU governments might ask the Australian government to block the investment. The risk remains...but my understanding is that the criteria used by the Foreign Investment Review Board is 'national interest' as opposed to the EU interest or America's.
For further information of Lynas read the company presentations and broker reports. This project has been around for a long time, and its soon coming to market.
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Andrew Sheldon www.sheldonthinks.com
China already controls over 80% of the world's rare earths market. These metals are used in minute quantities in a vast array of applications. The potential for the Chinese government to 'corner the market' poses a real threat to consumers, but more importantly, a great opportunity for Lynas minority shareholders.....and CEO Nick Curtis. It seems improbable that the Australian government could block the investment given that Australia is not a consumer of these metals. It is possible though that the US or EU governments might ask the Australian government to block the investment. The risk remains...but my understanding is that the criteria used by the Foreign Investment Review Board is 'national interest' as opposed to the EU interest or America's.
For further information of Lynas read the company presentations and broker reports. This project has been around for a long time, and its soon coming to market.
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Andrew Sheldon www.sheldonthinks.com
Gippsland Ltd (GIP.ASX)
Gippsland Ltd is an ASX-listed, emerging tantalum producer with two large tonnage deposits in Egypt. The project has been delineated, however the project has had some difficulty securing finance. The proposed mine will also produce tin and feldspar by-product. For further information view company presentations or broker reports at their website.
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Andrew Sheldon www.sheldonthinks.com
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Andrew Sheldon www.sheldonthinks.com
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Global Mining Investing $69.95, 2 Volume e-Book Set. Buy here.Author, Andrew Sheldon
Global Mining Investing is a reference eBook to teach investors how to think and act as investors with a underlying theme of managing risk. The book touches on a huge amount of content which heavily relies on knowledge that can only be obtained through experience...The text was engaging, as I knew the valuable outcome was to be a better thinker and investor.
While some books (such as Coulson’s An Insider’s Guide to the Mining Sector) focus on one particular commodity this book (Global Mining Investing) attempts (and does well) to cover all types of mining and commodities.
Global Mining Investing - see store
