<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: A Valentine&#8217;s Gift: Whale Watching</title>
	<atom:link href="http://www.stockgumshoe.com/2008/02/a-valentines-gift-whale-watching.html/feed" rel="self" type="application/rss+xml" />
	<link>http://www.stockgumshoe.com/2008/02/a-valentines-gift-whale-watching.html</link>
	<description>Frustrated or intrigued by email teasers from investment newsletters and advisers? We solve them and track their performance here ... so stick around, participate and subscribe (it's free)!</description>
	<lastBuildDate>Sat, 20 Mar 2010 05:43:11 -0500</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.4</generator>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
		<item>
		<title>By: Peter Mac Isaac</title>
		<link>http://www.stockgumshoe.com/2008/02/a-valentines-gift-whale-watching.html/comment-page-1#comment-1705</link>
		<dc:creator>Peter Mac Isaac</dc:creator>
		<pubDate>Wed, 12 Mar 2008 09:22:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.stockgumshoe.com/2008/02/a-valentines-gift-whale-watching.html#comment-1705</guid>
		<description>All right gumshoe- Who might this one be?


Now, while I can&#039;t share with you specifically how I found it, I can tell you it started in the late 1970s, when silver traded for
$50/oz . . . 

A family-owned outfit of miners stood on the verge of single-handedly cornering the world&#039;s entire silver market. 

Their biggest mine, tucked away in a desolate area 860 miles north of Vancouver--oddly enough called Rupert&#039;s Paradise--was all they needed. 

In fact, it was so large that if they succeeded, with this final mine, they&#039;d become the De Beers of the silver industry. 

Inside waited $3.5 billion worth (in 1980 currency) of easily extractable silver - and even more in zinc and iron. 

Feverishly they constructed camps, raised a 1,000-ton-per-day mill, confirmed drill results, and had mine shafts ready to begin extraction. All in all, they were 90% ready to go online. 

They even had a plethora of locals eager for work and supportive of the project. Everything seemed ready to go. 

But then it happened . . . 

Within the period of a few days, the price of silver collapsed from $50 to $5. 

For awhile, the company held on to the land, hoping one day the price would rise enough for them to start extracting. But with each day that passed, their assets were turning into a Chapter 11-style liability. 

By 1982, their property was confiscated. And just like that, their dreams of a monopoly were gone. The land would slip into obscurity, not to be heard from for more than two decades. 

But get this . . . 

Today, everything is still in place and ready to go. There&#039;s hardly another dime that needs to be invested before extraction can start. In fact: 

Infrastructure is already complete and ready to go online in Rupert&#039;s Paradise, including a 1,000 ton/day mill 
70 million ounces in silver wait in the ground 
there is $4.2 billion worth of zinc 
and $3.53 billion in lead 
Total, the entire area&#039;s worth well over $10 billion. 

And the best part is, it was just picked up by a tiny mining outfit valued at less than $100 million. With all of the infrastructure already in place, all it needs is a signature or two for the share price to start surging. 

&quot;You&#039;ve opened my eyes to many companies I had no knowledge of, and I look forward to what the next year or so will reveal.&quot; - M Mullins In fact, there&#039;s such an amazing potential for historic profits that the second I caught wind everything was ready to go, I loaded up as much as possible. 

My reasoning is simple. There&#039;s just as much if not more leverage in this one - once forgotten - gem than there is in any other Mining Speculator play. 

As with any of my personal picks that eventually become &quot;big enough&quot; for an investment, the easiest gains will already be made. 

When this gem goes online, I believe those assets could rapidly be realized - suddenly turning every $10,000 invested into $992,330.28.</description>
		<content:encoded><![CDATA[<p>All right gumshoe- Who might this one be?</p>
<p>Now, while I can&#8217;t share with you specifically how I found it, I can tell you it started in the late 1970s, when silver traded for<br />
$50/oz . . . </p>
<p>A family-owned outfit of miners stood on the verge of single-handedly cornering the world&#8217;s entire silver market. </p>
<p>Their biggest mine, tucked away in a desolate area 860 miles north of Vancouver&#8211;oddly enough called Rupert&#8217;s Paradise&#8211;was all they needed. </p>
<p>In fact, it was so large that if they succeeded, with this final mine, they&#8217;d become the De Beers of the silver industry. </p>
<p>Inside waited $3.5 billion worth (in 1980 currency) of easily extractable silver &#8211; and even more in zinc and iron. </p>
<p>Feverishly they constructed camps, raised a 1,000-ton-per-day mill, confirmed drill results, and had mine shafts ready to begin extraction. All in all, they were 90% ready to go online. </p>
<p>They even had a plethora of locals eager for work and supportive of the project. Everything seemed ready to go. </p>
<p>But then it happened . . . </p>
<p>Within the period of a few days, the price of silver collapsed from $50 to $5. </p>
<p>For awhile, the company held on to the land, hoping one day the price would rise enough for them to start extracting. But with each day that passed, their assets were turning into a Chapter 11-style liability. </p>
<p>By 1982, their property was confiscated. And just like that, their dreams of a monopoly were gone. The land would slip into obscurity, not to be heard from for more than two decades. </p>
<p>But get this . . . </p>
<p>Today, everything is still in place and ready to go. There&#8217;s hardly another dime that needs to be invested before extraction can start. In fact: </p>
<p>Infrastructure is already complete and ready to go online in Rupert&#8217;s Paradise, including a 1,000 ton/day mill<br />
70 million ounces in silver wait in the ground<br />
there is $4.2 billion worth of zinc<br />
and $3.53 billion in lead<br />
Total, the entire area&#8217;s worth well over $10 billion. </p>
<p>And the best part is, it was just picked up by a tiny mining outfit valued at less than $100 million. With all of the infrastructure already in place, all it needs is a signature or two for the share price to start surging. </p>
<p>&#8220;You&#8217;ve opened my eyes to many companies I had no knowledge of, and I look forward to what the next year or so will reveal.&#8221; &#8211; M Mullins In fact, there&#8217;s such an amazing potential for historic profits that the second I caught wind everything was ready to go, I loaded up as much as possible. </p>
<p>My reasoning is simple. There&#8217;s just as much if not more leverage in this one &#8211; once forgotten &#8211; gem than there is in any other Mining Speculator play. </p>
<p>As with any of my personal picks that eventually become &#8220;big enough&#8221; for an investment, the easiest gains will already be made. </p>
<p>When this gem goes online, I believe those assets could rapidly be realized &#8211; suddenly turning every $10,000 invested into $992,330.28.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Woman with Portfolio</title>
		<link>http://www.stockgumshoe.com/2008/02/a-valentines-gift-whale-watching.html/comment-page-1#comment-1532</link>
		<dc:creator>Woman with Portfolio</dc:creator>
		<pubDate>Thu, 28 Feb 2008 16:55:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.stockgumshoe.com/2008/02/a-valentines-gift-whale-watching.html#comment-1532</guid>
		<description>The other company Simons and Renaissance were into that interested me was New York MAGIC (NYM), which insures shipping and other marine activities. They have a LOT of cash and are looking around to buy some bargains, of which more and more are turning up. It has done well since Simons bought it.</description>
		<content:encoded><![CDATA[<p>The other company Simons and Renaissance were into that interested me was New York MAGIC (NYM), which insures shipping and other marine activities. They have a LOT of cash and are looking around to buy some bargains, of which more and more are turning up. It has done well since Simons bought it.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: sneem77</title>
		<link>http://www.stockgumshoe.com/2008/02/a-valentines-gift-whale-watching.html/comment-page-1#comment-1400</link>
		<dc:creator>sneem77</dc:creator>
		<pubDate>Sun, 17 Feb 2008 23:42:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.stockgumshoe.com/2008/02/a-valentines-gift-whale-watching.html#comment-1400</guid>
		<description>Great article, thank you.</description>
		<content:encoded><![CDATA[<p>Great article, thank you.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Woman with Portfolio</title>
		<link>http://www.stockgumshoe.com/2008/02/a-valentines-gift-whale-watching.html/comment-page-1#comment-1388</link>
		<dc:creator>Woman with Portfolio</dc:creator>
		<pubDate>Sat, 16 Feb 2008 18:44:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.stockgumshoe.com/2008/02/a-valentines-gift-whale-watching.html#comment-1388</guid>
		<description>I should add that Simons already had holdings in Loew&#039;s, but the others I haven&#039;t seen on his list of holdings.</description>
		<content:encoded><![CDATA[<p>I should add that Simons already had holdings in Loew&#8217;s, but the others I haven&#8217;t seen on his list of holdings.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Woman with Portfolio</title>
		<link>http://www.stockgumshoe.com/2008/02/a-valentines-gift-whale-watching.html/comment-page-1#comment-1386</link>
		<dc:creator>Woman with Portfolio</dc:creator>
		<pubDate>Sat, 16 Feb 2008 18:13:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.stockgumshoe.com/2008/02/a-valentines-gift-whale-watching.html#comment-1386</guid>
		<description>Gumshoe, thanks for the inspiration to get a strong cup of coffee and get ready to do the grind. I&#039;m always interested in what James Simons of Renaissance Technologies buys, and boy has he been buying. Could find only one personal buy, options on Franklin Electronic (FEP), but the fund has been buying a lot of different kinds of companies, including Loew&#039;s (6 million shares) which I know interests you. Also heavy into Regal Entertainment (7.5 million) and Nationwide Financial (3.7 million shares). Of interest to me was 7 million shares of Steelcase, one of my favorite companies, which I felt obliged to sell last year after a modest profit. May think about buying again. Also of interest were two companies I&#039;ve been watching and thinking about, Pixelworks (3 million) and Seachange International (only 1.5 million shares). Also of interest to me was Mesabi Trust, which I like for its dividends (1 million shares). There was one more of great interest, which I&#039;ll keep for a separate post after investigating it.</description>
		<content:encoded><![CDATA[<p>Gumshoe, thanks for the inspiration to get a strong cup of coffee and get ready to do the grind. I&#8217;m always interested in what James Simons of Renaissance Technologies buys, and boy has he been buying. Could find only one personal buy, options on Franklin Electronic (FEP), but the fund has been buying a lot of different kinds of companies, including Loew&#8217;s (6 million shares) which I know interests you. Also heavy into Regal Entertainment (7.5 million) and Nationwide Financial (3.7 million shares). Of interest to me was 7 million shares of Steelcase, one of my favorite companies, which I felt obliged to sell last year after a modest profit. May think about buying again. Also of interest were two companies I&#8217;ve been watching and thinking about, Pixelworks (3 million) and Seachange International (only 1.5 million shares). Also of interest to me was Mesabi Trust, which I like for its dividends (1 million shares). There was one more of great interest, which I&#8217;ll keep for a separate post after investigating it.</p>
]]></content:encoded>
	</item>
</channel>
</rss>
