Idaho General Mines - kein Geheimtipp mehr ? - 500 Beiträge pro Seite

[falcon23]

Nachdem gestern der erste Handelstag für IGMI an der AMEX war, gehe ich davon aus, dass der Bekanntheitsgrad dieser Aktie so langsam über den Teich schwappen dürfte. Daher dürfte es Zeit sein, diesem Titel einen eigenen Thread zu widmen.
Als Diversifisierung für ein bestehendes Rohstoffportfolio halt ich den Wert langfristig für außerordentlich interessant und aussichtsreich.

Weitere Infos folgen ...

Ich hoffe auf angenehme und fruchtbare Zusammenarbeit

Gruss fc23

[falcon23]

Warum ausgerechnet Molybdän ?

Über Wikipedia kann man einen ersten Einstieg bekommen :
http://de.wikipedia.org/wiki/Molybd%C3%A4n

Ein wesentlicher Punkt fehlt dort aber, nämlich der Aspekt der Kohleverflüssigung :
http://de.wikipedia.org/wiki/Kohleverfl%C3%BCssigung

Ein guter einführender Artikel der die Rolle des Molybdäns entsprechend würdigt ist Molybdenum ...... The Big Secret
http://www.goldrea.com/Molybdenum%20the%20Big%20Secret%20_7_…

Spätestens nach der Lektüre des letzten Artikels sollte die Rolle des Molybdäns als entscheidender Katalysator bei der Erdgasverflüssigung klar geworden sein, ebenso das Interesse der Chinesen an dieser Technik.

[falcon23]

Bei der Wahl der Mine hab ich mich, da ich kein Geologe bin, von der Meinung eines Experten leiten lassen, der für mich einer der besten Kenner der Szene ist : Jason Hommel.

Hier ein Auszug aus dem entsprechenden Börsenbrief :

Buy on the Dips--Such as Now
Silver Stock Report
by Jason Hommel, July 22, 2006

Circulation: 27,000 email addresses
Prior reports available at
silverstockreport.com/ssrarchive.htm
This report available online at
silverstockreport.com/email/buythedips.html

The Commodity Bull is far from dead.

On May 11th, silver and gold hit highs, and began to dip, along with copper and other commodities, and many traders thought that was the end of the commodity bull market. Many traders are now distracted by their summer vacations, and are not taking any note that copper and zinc are back up again.

Uranium and molybdenum never dipped. And neither one is traded in the futures markets.

Uranium is at $45.50/lb., and molybdenum stands at $26.25/lb.

And oil has since hit new highs, hitting above $76/barrel.

Both uranium and molybdenum may help with the energy crisis.

Uranium, obviously, fuels nuclear plants, but how can molybdenum help?

Look up the words "molybdenum coal liquefaction" at google.com. Coal can be turned into diesel through a process called liquefaction, and molybdenum is a catalyst that can be used in the process. Liquefaction is a tried and tested technology older than nuclear power, that's been used since before World War II, and the world has about 300 years of coal reserves.

Idaho General Mines (IGMI.OB) has the biggest molybdenum deposit in the world, and for open pit moly projects, IGMI also has the highest grade, and lowest cost. This is an unbeatable one-two punch. Since January 2006, I've had plenty of time to examine many other moly projects, and quite simply none come close. There are other, higher grade projects; but they are tiny in scope, perhaps 1/100th or 1/1000th the overall size.

When in production, IGMI's Mt. Hope project in Nevada will produce about 10% of the world's molybdenum supply, about 35 million pounds per year. At $26/lb., with $3/lb. costs, that a projected profit of $805 million/year!

Idaho General Mines has about 50 million shares fully diluted. At $2.63/share, it's absurdly cheap, with a market cap of about $131 million. IGMI recently raised $30 million in the spring, which is more than enough to take them through permitting. IGMI still needs to raise about $415 million, but after permitting, that will likely take place at around $10/share, and help the company stock rise to about $50/share!

Meanwhile, copper took a dip from $4/lb., down to $3/lb., but recently climbed back up to $3.75, and now is back to $3.50. Copper is far from dead, although the volatility may be killing many leveraged traders! Avoid the leverage of the futures contracts, invest in mining and exploration for leverage, instead.

My top two copper stocks that I own are both in Montana.

The first, O.T. Mining (OTMN.PK) is exploring the outline of a copper porphyry 14 miles north of Butte, which was the 4th largest most productive copper porphyry mine in the world, the "richest hill on earth". O.T. Mining once had a theory that they were sitting on a copper porphyry that did not come to the surface, that they could detect with Mobil Metal Ions technology. They were correct, and hit the porphyry in their first drill hole, which was a "blind" discovery, since there was no surface exposure. Typically, such a success takes about 150 drill holes! They have not yet hit economic mineralization, but at present, that's not the point. Their porphyry appears as if it may be bigger than Butte, and they are in the process of outlining the porphyry using the MMI (now proven) technology, on 21 square miles of property. The market cap, with about 13 million shares fully diluted, at $2.85/share, is $37 million.
(Exploration is under way.)

My other copper stock, Coronado Resources, (CRD.V, CRDAF.PK) has a property about 35 miles south of Butte, that recently hit 19% copper over 64 feet, including 41% copper over 27 feet. Later, on Feb. 15th, they announced 41% copper over 27 feet, and within that, 60% copper over 13.5 feet. Those are definitely minable widths! 40% copper is 881 pounds/tonne, which, at $3.65/lb., is worth $3,200/tonne!
Also, with about 13 million shares fully diluted, at $2.56/share Cdn x .88 = $2.25 U.S.
$29 million market cap. (Exploration is under way.)

Zinc prices have also shown remarkable strength, having nearly recovered to just under new highs, just as copper did. Zinc topped in May at $1.71/lb., and recently moved above $1.60/lb. again!

My favorite zinc stock, Metalline Mining, (MMGG.OB) has 5 billion pounds of zinc resources, and is currently working on feasibility, having recently raised $11 million to complete it. Aiming to produce just under 400 million pounds of zinc at a cost of about $.25/lb. with zinc prices at $1.50/lb price will lead to annual profits of about $500 million, or more if zinc continues to move up in price. With 50 million shares fully diluted, and a share price of $2.78/share, that's a market cap of $139 million.

These companies have all about had their share prices cut in half, and yet, the commodity bull is far from dead, and commodity prices are about to break out to new highs.

Mining investors get scared gold and silver take a dip; that's just how they are. Moly prices never dipped, yet IGMI is on sale from a 52 week high of $4.15 down to $2.65!

OTMN is on a sale from a high of $7 down to $2.85.
CRD is on sale from a high of $4/share down to $2.56.
MMGG is on a sale from a high of $5.67 down to $2.78.

Finally, let me briefly discuss the “silver value” of these stocks. IGMI has no silver, but it was started as a silver/zinc exploration property, when Exxon Mobile discovered the moly porphyry, which was eventually proved up.

OTMN & CRD are both near Butte, which produced as much as 900 million ounces of silver, which is nearly as much as Couer d’Alene, Idaho! OTMN and CRD both are exploring near former high-grade gold and silver mines. OTMN will be drilling their gold/silver anomaly this summer.

MMGG has historic high-grade silver that was over 30 ounces per tonne, which was shipped directly to the smelter. MMGG recently drilled their silver, and they also have a copper project which may be as big as their zinc resources.

Many traders take a break during the summer. The wealthy take month long vacations, or longer, and many geologists and company presidents leave the office where they might otherwise do some trading; and instead, they are out in the field, exploring, prospecting, drilling. I have been visiting the South Yuba River about 3 times a week for a few hours, because it is about 10 miles from my house in Penn Valley, CA. A month ago, the water from the snowmelt runoff was too cold, and the water too high. This month, the water is crystal clear, and about 65 to 70 degrees, which is just perfect on hot days of 100 degree weather. A month from now, the water will be cloudy and hot, and no fun. I have to take advantage of the river while it's good.

And now is also the time to take advantage of the fact that so many other traders are distracted by their vacations. Buy the dips; especially now that commodity prices are moving up again, and nobody else seems to notice.

I own stock in IGMI.OB, OTMN.PK, CRD.V and MMGG.OB, and no company has paid me to send out this email.

You can subscribe to this Silver Stock Report by sending a blank email to: [e-mail]
You can contact me by replying to this letter, or emailing [e-mail]

Sincerely,

Jason Hommel
silverstockreport.com

[falcon23]

Zum Timing :

Glück gehabt. Ich griff nicht gleich zu, sondern ließ mir das ganze Projekt erstmal durch den Kopf gehen.
In der Zwischenzeit eine neue EMAIL von Hommel mit dem gleichen Thema:

IGMI Today
Silver Stock Report
by Jason Hommel, August 1, 2006

Circulation: 27,700 email addresses
Prior reports available at
silverstockreport.com/ssrarchive.htm
This report available online at
silverstockreport.com/email/IGMI_Today.html

Today I got about 15 emails all asking me about one company, IGMI.

Idaho General Mines (IGMI.OB) has about 1.3 billion pounds of moly in the ground in proven reserves, worth about $34 billion. They plan to mine 35 million pounds of moly per year at a cash cost of $3.15/lb., and moly is trading at $26/lb. This presents a profit potential of about $800 million per year.

IGMI has a market cap of $112 million at $2.24/share with about 50 million shares, and needs to raise about another $415 million to construct the mine. IGMI has recently raised $30 million, which is more than enough to complete the permitting process over the next 1.5 to 2 years.

In sum, I believe IGMI has a real shot to rise to over $50/share, even after raising $400 million, which should be easy since they can use that to earn $800 million/year.

The cause of the emails to me today was that IGMI was down nearly 29% today. Since I have been the leading promoter for this company, it's my responsibility to explain this price action. So, I called the company.

About 4 months ago, IGMI successfully raised $30 million dollars to get through permitting by issuing stock at $2/share. Today, this stock came due and free trading after the four month hold period. I should have known, but I never kept track of the date. Some obviously sold to lock in profits of up to a 50% gain (at $3/share), thus pushing prices down. So, about $2/share should be the bottom. It might go a bit lower because those who bought the stock at $2 also got warrants, so they may sell down to $2, to keep the "free 1/2 warrant".

There was, and is, no bad news about the company, and no troubles with permitting, or financing. This is a rather typical price action at times like these.

There are no substantial insider sales. What we saw today are typical stock sales from "financing insiders", not company management. In the past, we can see many other such insider sales from people who financed the company at $.15/share, $.40/share, $.80/share, and $1.15/share. There are also a few insider sales from company employees, who were paid in stock, and who have to sell because they need cash to live, but there have been no insider sales from upper management.

I did not sell any shares in the past few months. I sold less than 5% of my overall IGMI position, a few shares, in late February and late April in 2006.

Before today, IGMI could have been said to be an over-promoted, illquid stock.

After today, IGMI is an under-promoted, very liquid stock.

For all the wealthy investors, big buyers, today is the day to step up and buy IGMI, as you can actually get a tiny position below $10/share which is probably where the stock will be after permitting.

I seem to be at the center of an information flow. So, it also seems my duty to share the following four articles on molybdenum, and two moly sites.

September 21, 2005
Molybdenum ... The Big Secret
by Ken Reser
http://www.goldrea.com/Molybdenum%20the%20Big%20Secret%20_7_…

February 23, 2006
A feature article on Minesite.com
by Robert Wallace, International Molybdenum's Investor Relations Director.
http://www.internationalmolybdenum.com/record.jsp?type=news&…

July 21, 2006
A Hungry China Set to Gobble More Moly
By Steve Christ
http://www.siliconinvestor.com/readmsg.aspx?msgid=22644612

July 26, 2006
By James Finch
Is Molybdenum Another Way to Ride the Energy Bull?
The “Energy” Metal Is Used in Oil/Gas Pipelines, Drill Rigs, and Nuclear Power Plants
http://www.stockinterview.com/molybdenum-energy.html

The Molybdenum Discussion Board
http://www.siliconinvestor.com/subject.aspx?subjectid=55222

http://www.molyseek.com/ --lists moly prices at $26.50/lb.

Today, I also updated the "look at my portfolio". Today is also a good day to sign up for a "look" if only for a month, because your subscription is active for 30 days, and you are likely to be able to see next month's look, too. You can sign up here:
http://silverstockreport.com/customerservice.htm

I own stock in IGMI.OB and no company has paid me to send out this email.

You can subscribe to this Silver Stock Report by sending a blank email to: [e-mail]
You can contact me by replying to this letter, or emailing [e-mail]

Sincerely,

Jason Hommel
silverstockreport.com

[falcon23]

ergänzend zu #3 :
http://sec.gov/Archives/edgar/data/1275229/00010529180600046…

Fazit :

IGMI schloss heute in der AMEX überraschend im Minus, nachdem das Tageshoch ca. 8% im Plus war. Ich habe gestern eine erste Position an der AMEX aufgebaut; werde dem Kursverlauf aber untergeordnete Bedeutung beimessen, sofern nicht fundamentale Gründe dafür ausschlaggebend sind.
Inwieweit das jetzt schon Buying on the Dips ist, wird die Zukunft zeigen - bei $2 sollte ein zuverlässiger Widerstand nach unten bestehen.
Insgesamt gesehen, eher eine strategische Anlage als das schnelle Geld.
Ich werde versuchen, in diesem Thread neben Neuigkeiten über die Firma selbst, auch allgemeine Informationen und Überlegungen zu Rohstoffen einzustellen - je nach Interesse und Beteiligung.
Und wenn mich jemand überzeugen kann, dass Bolero der bessere Deal ist, ist das auch kein Problem

das wärs erstmal

fc23

[Lanzalover]

[ycbm]

moin.

genau das wollte ich nicht erreichen-bereits der zweite thread, welcher nicht sein muß...
es gibt schon nen infothread zu IGMI/ GMO...
Thread: unbekannter moly-explorer

dort sind un werden alle info gesammelt...


ycbm

[falcon23]

Antwort auf Beitrag Nr.: 23.506.586 von ycbm am 19.08.06 10:14:06

das wollt ich allerdings auch nicht - werde versuchen diesen Thread zu löschen zu lassen.
Dein Thread ist allerdings weder durch die die Suchbegriffe IGMI oder
Idaho zu finden - daher das Mißverständnis.

[ycbm]

Antwort auf Beitrag Nr.: 23.507.128 von falcon23 am 19.08.06 13:06:26

das der thread nicht zu finden ist wundert mich, da unter WKN IGMI sich die aktie öffnet und der thread zugeordnet ist.
der thread mußt du nicht löschen lassen. ich freue mich wenn wir gemeinsam infos zu IGMI sammeln.

denn wie du schon richtig erkannt hast, ist IGMI ein wert mit zukunft-allerdings kein pusherwert sondern ein sehr solider!

gerne können wir mit anderen usern disskutieren.

also schönes wochende


ycbm

[falcon23]

Antwort auf Beitrag Nr.: 23.507.205 von ycbm am 19.08.06 13:31:14

okay, das ist ein faires Angebot. Ich war mir eh nicht sicher, ob ich genügend Zeit für die Moderation eines Threads erübrigen kann.
Die Navigation bei WO scheint aber etwas verbesserungswürdig zu sein :
Es gibt sogar noch einen 3. Thread zu IGMI, der durch den Suchbegriff IGMI zu finden ist, meiner ist durch die Eingabe Idaho zu finden und Deiner reagiert auf das Schlagwort Moly.
Kein Wunder, wenn es da zu Überschneidungen kommt.

[ycbm]

Antwort auf Beitrag Nr.: 23.507.279 von falcon23 am 19.08.06 13:53:40

die moderation werde ich weiterhin ausführen. denn ich bin von dem potenzial von IGMI mehr als überzeugt.

aber vielleicht findest du noch info´s die ich noch nicht reingestellt habe.

also auf steigende kurse mit IGMI


ycbm

[falcon23]

ok, ich habe mich entschieden, diesen Thread in lockerer Form weiterzuführen.
Schwerpunktmäßig soll es dabei um fundamentale Infos zu Molybdän - bei Bedarf aber auch zu anderen Metallen gehen sowie um die direkte vergleichende Bewertung von Molybdän-Minen, dann natürlcih mit Schwerpunkt auf IGMI.
Da viele Minen nicht reine Molybdän-Producer sind, sind nicht nur die Beiprodukte interessant, sondern auch die Frage, inwieweit eine Konkurrenzsituation von andern Playern entstehen kann, die wiederum Molybdän als Beiprodukt vermarkten.
IGMI steht für mich dabei als Ausgangspunkt, aber nicht als Resultat.

Zunächst eine kurze Darstellung vom Produtktionsaufkommen des Molybdäns :

http://minerals.usgs.gov/minerals/pubs/commodity/molybdenum/…

[falcon23]

Antwort auf Beitrag Nr.: 23.526.376 von falcon23 am 20.08.06 15:41:04

Experten erwarten einen ca. 4% Steigerung des Weltbedarfs an Molybdän für die nächsten Jahre :

http://metalsplace.com/metalsnews/?a=4776

[falcon23]

hier eine mehr oder weniger vollständige Linksammlung von dem Promotor J. Hommel zu Molybdän und IGMI :

Ich werde aller Wahrscheinlichkeit auf einige Punkte seiner Argumentation zurückkommen, daher hier diese Ausführlichkeit.

(1) Molymania has Just Begun --February 9th email.
http://www.silverstockreport.com/email/molymania.html

(2) Big Money in moly stocks: IGMI & AUA --February 2nd email.
http://www.silverstockreport.com/email/IGMI_and_AUA.html

(3) IGMI: My Moly Stock --January 17th email.
http://www.silverstockreport.com/email/idahogeneral.html

(4) Two moly stocks: IGMI and AUA --April 25th, 2006
http://www.silverstockreport.com/email/IGMI_and_AUA_2.html

(5) Buy on the Dips--Such as Now, July 22, 2006
http://www.silverstockreport.com/email/buythedips.html

(6) IGMI Today -- August 1, 2006
http://www.silverstockreport.com/email/IGMI_Today.html

[falcon23]

Allgemeine Einschätzung zu der Situation an den Rohstoffmärkten :
http://www.finanzen.net/news/news_detail.asp?NewsNr=423726

[falcon23]

Einer der besten grundsätzlichen Abhandlungen über das Metall, die ich bisher gelesen habe, der auch auf die besonderen Eigenschaften des Molybdäns als Rohstoff eingeht, steht hier (leider aus dem Jahr 2005):

http://www.kaiserbottomfish.com/s/Expresses.asp?ReportID=960…

[falcon23]

Jetzt wird auch klar, was die beiden Metalle verbindet :
Chilenische Kupferproduktion steigt, während die Produktion von Molybdän fällt :

http://www.finanztreff.de/ftreff/news.htm?id=26452511&r=20&s…