http://barkerletter.mining.com Fresh, daily analysis of mineral industry news and trends Tue, 21 Apr 2009 15:59:41 +0000 http://backend.userland.com/rss092 en April 21 Greetings folks! I've resumed coverage of Platinum Group Metals (PTM.TSX, PLG.NYSE) after a three year hiatus. The stock price is tipping $1.50 Cdn per share at press time and I envision a 25% premium to that over the next 90 days or so. Mostly I'm encouraged by a recent US$10 milion option funding agreement ... http://barkerletter.mining.com/2009/04/21/platinum-set-to-shine-again/ Greetings investors. Some time back I opined that the IMF would emerge as the guiding light during the financial crisis/recession/depression, or whatever they're calling it now. I suggested that the Fund's $300 billion reserve would get used up fairly quickly by member nations in need, and that additional funds would be forthcoming.  ... http://barkerletter.mining.com/2009/04/02/imf-to-top-up-funds-global-new-deal-set-to-emerge/ March 23 Greetings investors! I think the next two months are a good time to sell. I'm cynical about the markets. I think the whole game is rigged by a cadre of well positioned fatcats both within and without the former Bush Administration, and within the SEC as well. These people took great ... http://barkerletter.mining.com/2009/03/23/bull-trap-looming/ January 16, 2009   Greetings folks.   We're taking profits on a November pick called Tirex Resources Ltd. (TXX.TSX-V), which is up $0.16 Cdn today.  Please see Cash is King for details. This rally will probably burble along after a dip on Monday, so take some money off the table now or then and ... http://barkerletter.mining.com/2009/01/16/take-profits-on-tirex-resources/ January 6, 2008   Greetings folks.   It looks like our governments are going to spend their way out of the recession, or the financial crises rather. Have you noticed that no one has used the word depression in a long time? I suspect nobody will. Every time we have a cataclysmic economic event ... http://barkerletter.mining.com/2009/01/06/a-30-second-guide-to-the-financial-crisis/ December 31. Greetings folks. Some time back - last summer in fact - we cautioned investors against getting into $1.00 gold stocks, and as I recall we weren't too keen on the fifty centers either.  We reasoned that in the event of a blow off those stocks would be heavily sold, and also have ... http://barkerletter.mining.com/2008/12/31/take-profits-on-west-timmins-western-geopower/ December 8 - I'm scouring the pink sheets for the cheapest gold deal I can find.  Originally I had a budget of $100, and I wanted to accumulate at least a million shares for that, excluding commissions. In hindsight, that may have been a bit optimistic. However I did stumble ... http://barkerletter.mining.com/2008/12/08/the-cheapest-gold-stocks-in-the-world/ December 3. Greetings investors! Or is it me, or did everybody fail to call the top in commodities last September. I'm sure somebody did, I just can't seem to find them. Meanwhile, I´m looking for different investment reading fodder these days. It's no secret I think the mining industry needs to ... http://barkerletter.mining.com/2008/12/03/an-agent-for-change/ Thursday, November 27 -- I think Teck Cominco Ltd. is going to either get a lot bigger or a lot smaller in the coming months. This poses a dilemma for the investor. Namely, which will it be? The trouble with Teck is its debt ...  some $9 billion and change ... http://barkerletter.mining.com/2008/11/27/the-trouble-with-teck/ ...the bargain hunters are getting fewer as we progress into the current bull market. I suspect the lower highs and lower lows are having an effect. If the market is going to keep going lower, why bother to hold? Certainly there are opportunities galore to buy temporary bottoms, but the ... http://barkerletter.mining.com/2008/11/21/beyond-bottom-fishing/