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WAO, jetzt wird es heftig! Nicht nur Grandich hat KNIGHT empfohlen, sondern auch Winston's Growth Stock Report am 27. März 2007! Daher das Feuerwerk! Und es kommen immer mehr Dienste hinzu ... Winston’s Growth Stock Report Issue 11 Vol. 14 March 27, 2007 Knight Resources An Advanced Nickel Exploration Play Selling Like a Shell Knight Resources has made a major nickel discovery in northern Quebec, Canada and only has a $10 million market cap. Long time subscribers will remember we recommended KNP in 2003 after the initial discovery hole, and the stock performed very well. The next couple years’ results might have been geologically successful but they weren’t enough to get the market excited and the stock has drifted back to 15 cents. After hearing management’s plan for 2007, I believe Knight offers a great risk reward ratio for investors looking to get in before a high potential drilling season. Why? Because at 18 cents and a $12 million market cap Knight knows much more now about the geology on their West Raglan property than they did 4 years ago when they were at 80 cents and had a $50 million market cap. The opportunity for further discovery and capital gains is better than ever, yet the stock is forgotten. And that is our opportunity. Shell companies with no assets trade at greater valuations than this! I told you that Knight hit big on the very first holes back in 2003. Maybe you could call it beginners luck – but Knight’s technical team is led by geologists who drilled out the Voisey Bay Nickel Deposit. Now, when you make a discovery like that at first pass – you really are lucky. However when you’re exploration drilling it’s nearly impossible to hit high grade holes consecutively. This is particularly true in a complex mineralized system like that found in northern Quebec which snakes up, down and sideways. Shortly after KNP made the discovery the stock ran to a market cap north of $50M. Like I said, the next two seasons of drilling weren’t as spectacular as what they had discovered previously, but they weren’t focusing on the areas that had already known high grade nickel zones. They were trying to learn the geology of the region and poke around to see if they could get lucky in another area. Xstrata’s Raglan mine is a serious cash cow but there were a lot of holes drilled before they ever discovered high grade nickel. Even more holes were put down before they had a full understanding of the geology, largely thanks to computerized 3D modeling – and once they did, the rate of discovery increased dramatically. Once they understood the orientation of the high grade nickel pods (dipping and plunging) – building reserves became much, much easier. After 4 years of drilling, Knight now has enough data so that the same 3D modeling is working for them. They now have that same level of understanding of the geology. Their 3D model and data interpretation tells them where the high grade nickel pods on their project are dipping and plunging just like at the Raglan Mine! The Eureka Moment has been realized for KNP. With all this in hand, the 2007 program will be the most aggressive yet (8,000m) and Anglo American has to pay for 51% of the drilling costs. They will be focusing on where the smoke is - proving up the high grade lenses they have already identified, and searching for new zones down dip from current discoveries. They will do this with confidence knowing where to put the drills down to come up with the best intersections of high grade nickel. People were willing to pay much higher valuations for KNP after the first and second years of drilling. I’d rather pay much less now knowing they have a few more years experience under their drill belt. And the timing is near perfect, before the drills start turning. It seems like this stock always increases in price and volume going into the summer program. I am accumulating right now, while KNP only has a $10M market cap, is liquid, and at a price where there could be some serious leverage with continued discoveries. Nickel has more than doubled in the past year to $22 on speculation that current nickel mines will not be able to keep up with demand. With only very limited new supply entering this strong market, any hint of a promising new resource under development will surely boost the market capitalization of that company. Knight stands as an excellent speculation to capitalize on these fundamentals. For further information go to http://www.jameswinston.com . |
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| aus der Diskussion: | Knight Metals ehem. Knight Resources - Gute Bohrergebnisse |
| Autor (Datum des Eintrages): | Viper3x (09.04.07 19:16:06) |
| Beitrag: | 3,619 von 12,282 (ID:28730243) |
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