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Huldra Silver – a company that I just learned about a couple of hours ago.

Big Al
October 11, 2012

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This is not to be construed as investment advice and I have no financial interest in this company.

To visit Huldra Silver’s website, click here.



Discussion
26 Comments
    Oct 11, 2012 11:25 PM

    HDA.V duly noted, and added to watch and research lists. Thx Al!

      Oct 11, 2012 11:59 PM

      Hi John W,

      Please check out the comment from benb

      Big Al

    Oct 11, 2012 11:43 PM

    Clicked around their site, finally found drill results, Personally I wasnt impressed, now I havnt researched totally but I know of producing miners aprox the same # of shares producing 600k oz ag per anum as well as zinc etc postitive cash flow, no debt, “future so bright gotta wear shades” etc etc and is cheaper than this company. Also the #s I saw were small, I know of miners hitting thousands of grams per ton being drilled by majors now and selling for aprox 20 cents. So, peer wise I chooose other companies than this one. There are some tremendously undervalued companies right now. Now, after saying that, it will probly be a ten bagger in 10 days.

      Oct 11, 2012 11:59 PM

      I put this one up benb because I was looking for input like you just gave.

      Many thanks,

      Big Al

      Oct 12, 2012 12:22 AM

      drilling thousands of grams/ton selling for .20 ??

    Oct 11, 2012 11:22 PM

    Al, if you really want me to I can give you lotsa good stuff, real gambles if they hit it should be 100-200 baggers, producers, remindes me, tmm is good, just doubled so backing off again. Dividend payers, the thing is the market is corrupt so you never no.
    Even just taking the kitco list of 70 on their wepage, they are good, you could throw a dart and hit a good one right now, or like gbg from 50-80-50-OFF the board, (thanks Soros by the way). anyway, they all go up or down together and you could get lucky and hit Aurico or whatever its name is. There is real competition for your investing dollar right now, I firmly believe these companies need to buy their own shares back, a plan needs to be put in place where it becomes standard practice, that way it wont matter if the market is crooked. Thing is, all these miners know is mining. Most of them dont realise the incredibly powerfull position they are in. oh well.

      Oct 11, 2012 11:33 PM

      With a few exceptions, you are absolutely correct, benb!

      Big Al

      Oct 11, 2012 11:38 PM

      Bemb. I would be very interested in your picks,and thanks in advance

    Oct 11, 2012 11:54 PM

    What kind you want greg? producers that pay dividends? little ones that might double? Longshots? Gold in the ground? all differant kinds for all different people. I only have maybe 6 2 longshots and a few producers, tmm is 1 of them. If gold goes up that should be a good one. Also, if you have millions to invest, things might be differant from what I have, liquidity counts.

      Oct 11, 2012 11:14 PM

      timmons gold, aurcana and silvercrest are very good starts..IMHO

      Oct 11, 2012 11:25 PM

      Bemb…exploration…longshots. Thanks again

    Oct 11, 2012 11:20 PM

    Ron Paul liked these in Dec 2011. Anything he likes I like.
    1.Goldcorp Inc. (NYSE:GG)
    2.Barrick Gold Corp. (NYSE:ABX)
    3.Newmont Mining Corp. (NYSE:NEM)
    4.Agnico-Eagle Mines Ltd. (NYSE:AEM)
    5.AngloGold Ashanti ltd. (NYSE:AU)
    6.IAMGOLD Corp. (NYSE:IAG)
    7.Eldorado Gold Corp. (NYSE:EGO)
    8.Mag Silver Corp. (AMEX:MVG)
    9.Pan American Silver Corp. (NASDAQ:PAAS)
    10.Silver Wheaton Corp. (NYSE:SLW)
    11.Golden Star Resources, Ltd. (AMEX:GSS)
    12.Kinross Gold Corp. (NYSE:KGC)
    13.Brigus Gold Corp. (AMEX:BRD)
    14.Coeur d’Alene Mines Corp. (NYSE:CDE)
    15.Hecla Mining Co. (NYSE:HL)

      Oct 11, 2012 11:50 PM

      Good job benb. I own 10 of your picks.

      Oct 12, 2012 12:09 AM

      Anything that Ron P likes, I like.

      Big Al

        Oct 12, 2012 12:47 AM

        You got that right Big Al.

    Oct 11, 2012 11:29 PM

    Hi Marc, the thing is in giving picks here is we dont know anything about the person, dif stocks are good for dif people for dif reasons. Obvious, if a guy had nutin he needs physical for example. Here is another example, I told my sister about cuu when it was 5 cents, why? because I knew she wouldnt look at it. It got to $2;50 in 2 years?
    Now me, I was in and out of that thing for a few doubles that it, she would have made money, but not me. Not alot anyway, a persons style is extremly important for what he buys. So good advice for you might be horrible for me. The absolute best method for making big coin is Stewart Tompson, but you NEED to trade and have the bankroll to cover it. Anyway, giving picks for a person could be dangerous to them even if you give them a good pick. They could loose because they dont sell at the right time etc. I give picks here but no way do I give a pick to people I know anymore.
    Just too corrupt.

      Oct 11, 2012 11:16 PM

      Heard and noted – thanks Benb

    Oct 11, 2012 11:34 PM

    Hi greg, check KWN Pierre Lasonde, olv, diamonds, I own a few because I found 3 in the yukon years ago, but I was busted so couldnt bring myself to buy them. One day chicken next day feathers and all. Anyway, 25 cents to $52 dollars, 12 cents to $12, so diamonds can pay big time, but they gotta hit, lol.
    Just check out those kimberlite? things before you buy so you know what your getting into. an idea of anyway.

    Oct 11, 2012 11:10 PM

    I own Huldra and Aurcana – bought into both back in March

    The CEO did not mention the extremely high grades of silver they have.

    Oct 11, 2012 11:11 PM

    Thanks Al!

    Oct 11, 2012 11:31 PM

    200 tpd mill 56 million shares out.Have not produced.$1.40
    Love the low share count and the fact the CEO has not screwed his shareholders.
    2,500 tpd at LN-going to 3,000 tpd and Shafter at 900 tpd now or soon,going to 1.500 tpd,then 2,500 tpd – $1.10 550 million shares outstanding.
    Too bad Lenic never listened to the industry when paying himself the gargantuan salary and incentive package.
    Bankster vs geologist.

    Oct 12, 2012 12:11 AM

    I like Huldra. Low float and going into production. Should be very profitable at these prices.

    Cheers,
    James
    http://www.miningstocksguide.com

    Oct 12, 2012 12:05 PM

    Al Korelin asked me to share my thoughts on the company and the interview above. I think the interview is short and doesn’t get into a lot of important points. Without getting longwinded here are takeaways as well as areas to further research:
    – this is a “new” co in that the current management lead by Ryan Sharp has only been running the company since march of 2010 and in that short time was able to take a project dormant since 1980ies all the way to production including financing, exploration, development, construction and most importantly permitting.
    – the valuation is attractive given that the company is targeting about 2 Million oz Ag production per year starting in 2013;
    – 70% institutional ownership should be viewed as a major endorsement, considering the two largest shareholders (over 10%) are Sprott and Coeur D’Alene, neither of which can be faulted for being amatuers, at the very least the story is good enough for their money;
    – the mine is high grade relative to peers and despite its modest size should generate a healthy cashflow, at current metal prices in the range of $0.50-$0.80 / share annually.
    I have visited the mine last November and going to visit both the mine and the mill again next week. Huldra is expecting to start shipping concentrate in October, 2012. I own shares in the company and have had for almost a year, therefore biased, do your own dd.
    Thanks, Sean

    Oct 15, 2012 15:22 PM

    The interview is dreadfully short on key facts. I am a shareholder and bought in because of the DD the big boys have put in such as Coeur and Sprott. If people who are genuinely interested in this company I would suggest going to Youtube and Frizbys bulls and bears and listen to every radio interview and watch every video that this company has done. They have achieved all the goals set out in a very short time frame with minimum dilution. This is the joint second highest grade mine in the world barring Silvercorps Ying mine. They also have high grade bi products which enable them to produce the 2 million ounces of silver at about zero cost. As we know not all ounces are created equally and this will be one of the if not the lowest cost producer of silver in the world barring Silvercorp. Coeur know full well that this mine could be very special. Huldra have one of the highest insider /institutional shareholdings of any other company and workers are snapping up shares constantly. If you believe that silver is going to $50 like me this can easily be a 10 bagger.

      Oct 15, 2012 15:40 PM

      Thanks for your opinion, Darren.

      It was a short interview but, I believe, that it has caused a lot of interest in the company. I stress that it is very important for listeners to do their own due dilligence.

      Best,

      Big Al

    Oct 26, 2012 26:29 AM

    Problem is that they have a debt coming due next year, so more financing might be needed, and their resource is historical, very little on the 43-101.

    Still they are massive high grade, and Coeur wouldn’t throw money at them for no reason.

    PS I thought Sprott owned less than 10% – they tend not to go over 10% because then they have to report as insiders, and Sprott are jerks who don’t want you to see what they’re buying and selling.