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munsterkings

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Everything posted by munsterkings

  1. w.r.t the juniors; he argues well that the 80/20 rule doesn't go far enough. That 20 is more like 4%!; i.e. that 4% of the management teams are the ones that statistically will be the most successful. Also, there are over 4000 management teams in the junior space ; so at some stage we should see this thinning out. Anyone who's got this sector in their sights needs to understand/own likely acquisition targets. MunsterK
  2. http://www.reuters.com/article/idUSTOE5BL03R20091222 China to launch 2-3 Westinghouse nuclear projects -media Mon, Dec 21 2009 BEIJING, Dec 22 (Reuters) - China will start building another "two or three" third-generation Westinghouse nuclear reactors by the end of next year once they have been approved by the government, the China Daily newspaper said on Tuesday. The newspaper, citing unnamed sources, said the AP1000 reactor projects would also be the first to be built in the country's interior provinces, with central China's Hubei, Hunan and Jiangxi likely candidates. All of China's existing reactors are located along the eastern coast. China signed an agreement with Westinghouse Electric in 2006 to build four AP1000 reactors in the coastal provinces of Shandong and Zhejiang. The U.S.-based company, owned by Toshiba Corp <6502.T>, won the projects after agreeing a technology transfer deal that would make the untested AP1000 technology the basis for China's own-brand third-generation reactor. Two third-generation reactors, designed by France's Areva <CEPFI.PA>, are also being constructed in southeast China's Guangdong province. (Reporting by David Stanway; Editing by Chris Lewis) © Thomson Reuters 2009. All rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters and its logo are registered trademarks or trademarks of the Thomson Reuters group of companies around the world. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
  3. Very interesting ; I really don't see gold going below $900 anymore (I was dreaming there for a while..... ), so I'll keep an eye on this level [$950-966]. Just got this through my letterbox...... this is a first for me, and really confirms Golds future is mainstream... One decent correction in the gold price may be enough to shake this off. MunsterK
  4. Didn't think CNBC would have given him air time again after August...... http://www.cnbc.com/id/15840232?video=1216952516&play=1 SDR definition: http://www.imf.org/external/np/exr/facts/sdr.htm 'The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves. Its value is based on a basket of four key international currencies, and SDRs can be exchanged for freely usable currencies. With a general SDR allocation taking effect on August 28 and a special allocation on September 9, 2009, the amount of SDRs will increase from SDR 21.4 billion to SDR 204.1 billion (currently equivalent to about $317 billion).' MunsterK
  5. I'm going to make a point of learning as much as I can, from your calls by going back over those posts; thanks for this reminder. And enjoy your travels. MunsterK
  6. I like http://futuresource.quote.com/ and find myself regularly checking http://www.cstrading.com/charts.htm to 'zoom back out' and understand long term trends. MunsterK
  7. This is interesting. UUU has been on my watchlist . I'm a complete novice here so let me throw this out...... and see what people think. It is definately trending , but I think the Directional Movement Index is giving a sell signal. I'd welcome someone to challenge me on this. At the start of July 2007[$31.50], these indices crossed over [ from buy to sell] and it's been falling since. Until such time as the DMI+ rises above DMI- ; my inclination is to sit and wait....... comments welcome - I'd prefer to make my mistakes here with you folks: It's a more cost effective way to learn MunsterK
  8. I do tend to agree in general, but the article was from last April, and we've moved since then http://www.cstcharts.com/cgi-bin/chartge.pl?si.m MunsterK
  9. Very interesting. I'll take a look with this in mind. I have a lot of reading/internalising to do ..... thanks MunsterK
  10. What's the thinking on how many juniors one should own to be diversified enough to take advantage of this scenario. I think this will happen and am happy to buy small positions on a number of these juniors [i've been researching several in preparation] I noted Rubino's comments on CWR that you need a basket of these ; 10 or more. MunsterK
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