Make monies with monies. Part 2

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DustySwedeDude Sweden. Feb 26 2007 05:39. Posts 8623

A word of warning

The stock market is gambling and you shouldn’t put money you can’t lose into it. Anyway, here's part two of my little article and here I've got a few idea about companies you should check out if you're intressted

Stuff I like

[/b]Oil[/b]

Lundin Petroleum (LUPE.SAX)

A Swedish oil company with some intressting projects in Sudan and Russia. If either of those hit big they’ll probably gain a lot since they are down about 25% the last 3 months due to a few set backs. The drilling in Russia got slowed down by technical difficulties and then the winter came which postponed the drilling untill sometime this spring. A russian company drilled next to this sector last year and found a really big source of oil and since the geological stuff seems pretty much the same the expectations should be pretty high here. You can read a bit about it here http://www.lundin-petroleum.com/eng/operation_russia.php#Lagansky and here http://www.scandoil.com/moxie/news/drilling/valkyries-prepares-to-dri.shtml (Valkyries is now a part of Lundin Oil). The Sudan thingy is probably a bit higher risk because of the tendency of the lokal population to kill each other. It’s basicly a pain in the ass to work there, but if it calms down this one could be really big too. I’ve got some money in this company and I think that it’ll probably work out well since the oil price historcly is very low in february but gets higher later in the year and if the Lagansky thingy and/or the Sudan stuff works out as it should we can be in for a really fun ride. But on the other hands, it could get fucked up too.

Uranium

As of december 2006, we had 435 reactors in the world with 28 under construction, 64 more planned and over 150 proposed. Some expert says that we’ll need between 100 and 500 new reactors untill 2030. Right now the price of uranium is really high and is getting higher, due to a flooding in the Cigar Lake complex, a site owned by Cameco that was expected to deliver a decent part of the world production from 2008, and the fact that most of the current production is tied up to long term contracts makes it unlikely that the price will drop anytime soon. Sprott Secutities has spectulated that this will take something along the lines of 5 to 7 years before the prices drops to somewhere around 50 USD/ibs.

SXR URANIUM ONE INC (SXR.TO)

A big ass uranium company that will get some nice production volumes soon. Thay’re up a fair bit the last few months but if the uranium price continues to rise they’ll probably be on of the companies that’ll get the most out of it.

UR-ENERGY INC (URE.TO)

<3. A company with a uranium sites at a few locations in North America. I’ve got some money in it and it has worked out fine so far. The problem is that since they did race a bit the last week they’re probably a bit overvalued in relation to some other uranium companies. I’m not sure about that though, I’ll keep them for a few months or so I think, maybe more.

DENISON MINING CORP (DML.TO)

I don’t know that much about these guys except that it’s the Lundin family that’s behind them. I love the lundin family and they’re responsible for a lot of my profit in the stock market, I’ll be sure to check them out and if I find anything remotly to my liking this may be the next thing I’ll get into my portfolio.

Mining

VENA RESOURCES INC (VEM.V)

Mining and uranium in Peru, they’ve got a really nice deal with Cameco (the worlds biggest uranium producer) and a really nice management group. I have about 2k invested in this company and so far they’re done really well.

Lundin Mining (LUMI.SAX)

The Lundin family’s mining company. The price is farily low and it’s a well managed company as far as I can tell. Not really that intressting, but probably a nice addition to a mining portfolio.

TENKE MINING CORP (TNK.TO)

Sick coppar resources in Afrika. I thought they’d do good but nothing has really happends since the hype last summer.

NEW GUINEA GOLD CORPORATION (NGG.V)

Problably a good company as long as the gold price is this high. I don’t know much about them but it’s one of those companies I’d like to buy some stocks in.

Other companies that I don’t know much about but might be worth checking out

Oil

West Siberian Resources Ltd

Tanganyika Oil Company Ltd (STO:TYKS)

Uranium

PALADIN RESOURCES LTD (PDN.TO)

Uranium Resources Inc. (URRE.OB)

POWERTECH URANIUM CORP (PWE.V) <- SXR might buy them

URASIA ENERGY LTD (UUU.V)

Mining

LIBERTY MINES INC. (LBE.V)
Northland Resources Inc. (NAU.V)
Adanac Moly (AUA.V) <- I don’t know that much about it but it might be very cool.

1 votes

ggplz Sweden. Feb 26 2007 06:53. Posts 16784

cool post

how do you do your research?

if poker is dangerous to them i would rank sports betting as a Kodiak grizzly bear who smells blood after you just threw a javelin into his cub - RaiNKhAN

DustySwedeDude Sweden. Feb 26 2007 07:33. Posts 8623

Thanks

I've read a few breifing papers, lurked around on forums and such. I've got a bit of a nerdy personality so when I get into something I can read about if for like an stupid amount of hours straight. Basicly the same way as I try to get better at poker