Almaden Minerals Ltd. (USA) (AMEX:AAU)
The Company is engaged in the business of the acquisition, exploration and when warranted, development of mineral properties.
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Is going to be a short term gainer in my humble opinion.
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I Can't stay away from it. Almaden.. I come back time and time again. i've always had trust in Almaden and thier profit making machine.
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Precious Metals/Commodities
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I believe as this precious metals bull market is about to start it's parabolic move into the mania stage. This stage may last more than 2 years.
As the metals prices go higher, valuations are likely to be based more on reserves in the ground and not as dependent on profitability.
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ultralong
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Wish I could short in RL.
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I'm convinced they'll find more gold/silver in their Mexican stake in Ixtaca. 8,200 acres is a wide swath to have with all options on the land having expired previous to the discovery.
http://biz.yahoo.com/iw/100809/0649953.html?.v=1
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Almaden Minerals Ltd. is a new stock in the mineral sector and it's earnings increased 9% to C$616K since September 30, 2007, but it's net loss decreased 80% to C$746K. The renenues reflected an increase in interest income due to higher cash balance. Lower loss also reflected the absence of write down of the marketable securities expenses, an increase in income on mineral property options and the presence of recovery. This stock in the sector of basic materials and it is based in Canada. It's market cap is 104.73930.
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Precious metals such aa gold and silver are really increasing in value in the past couple of years. As the value of the dollar seems to be decreasing, the values of these precious metals are setting all time highs. This is an investment that will build money over time with very low risk.
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Hurray for Gold!!! Hurray for Silver!!! Hurray for Oil!!! Hurray for Base Metals!!! Down with $US!!! Down with US Banks!!! Up with US stock market nominal basis!!! Down with US stock market real basis!!! Down with US Houses!!! Down with Citigroup!!! Down with US Economy!!! and DOWN WITH INFIDELS!!!!!!!!
Whoever shorts metals company because of no revenue is stupid!!! Why trade good metals for bad $US just to report revenue!!! A company can have no revenue, just sleep, but if the price of their metals go up, market cap go up! All metals miners should stop producing, have no worthless $US revenues, and wait until supply goes down until Gold hits $5000 then to sell their metals!!!
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Metals is good place to hang out in an inflation environment
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Simple and plain, the dollar will continue to plumit and Gold will go up. The company also deals with copper which will rise in demand due to development in China and the Middle East.
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I bought into this stock a year ago and since then it's doubled in shares.
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Gold, safe haven, weak dollar.
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Digging for gold .......
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Der's gold in dem der hills.
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