Agoracom Blog
Two Suitors For Hudbay!
Posted by
at 8:14 AM on Tuesday, April 28th, 2009
Pete Since opening an account with you back in 1987, I’ve average about a 40% annual return on your recommendations. It always amazes me to read on the Internet how people call you names and blast you for some penny stock that didn’t work out. I had Geologix and lost most of my capital. Willie Mays also struck out 3 times in a game. It’s not one a bat that makes you a great hitter or not but several years at the plate. When it comes to stock picking and market calling, you’re my Mays.
Where do you see HudBay going next 30 days as I own it under $3 and was thinking about selling half.
22 years has passed. It’s been my honor to watch you grow professionally and spiritually. Best wishes to your family.
Peter – I’m looking forward to the day when I log on and see the headline “Two Suitors For Northern Dynasty Minerals!”
Paul Van Eeden is a very sharp investor and has some great comments on the economic “wreck-overy”, shorting bonds, and gold.
Sounds like he very much agrees with Peter.
I have a link to his video interview here:
http://investletters.com/blog/paul-van-eeden-on-the-economic-recovery-and-gold/
Regards,
Roger.
Analysts say a takeout is unlikely…
http://ca.news.finance.yahoo.com/s/28042009/2/biz-finance-vedanta-unlikely-acquire-hudbay-despite-9-5-cent.html
Peter – too bad about your NJ Devils being eliminated in the 1st round. Now you can cheer for the Canucks!
Peter, how bout them devils lol!! open up the bro-door!
Peter, on bloomberg website, the glut of crude in Europes’ largest port, Rotterdam, has tankers ful of crude waiting for space to open up. Not a good sign for crude, especially when the price of crude is stuck around 50. Lastly, there is no sign of space opening up any time soon.
Two suitors for Hudbay. Pretty short term thoughts. No I want the company to grow and acquire. This is a company that can continue a tradition and nuture the Canadian mining industry to grow and develop. Take that local leadership away and the stockmarket may, to a great extent and over time, end up in another country.