In depth Analysis for Crowflight Minerals Inc.

You home investors have to look at this one,

Yesterday we brought you an in depth analysis of a fast growing Canadian Uranium company called Uranium One and today we focus on Nickel!

Before you consider purchasing this stock please remember it is a speculative stock

Speculative stock is Crowflight Minerals Inc. (TSE:CML).

Crowflight Minerals Inc. is a Canadian company in its development stages that focuses on mining and exploration of Nickel. Crowflight owns the Bucko Lake Nickel Mine in Wabowden, Manitoba and is also focusing on further exploration of the Thompson Nickel Belt (TNB) in Manitoba. The TNB is said to host nickel mineralization along a geological trend that extends for over 250 kilometers. Crowflight also has a large 800 sq km prospective land position centered in two of Canada’s most prolific nickel camps in Manitoba and Sudbury, Ontario.

Crowflights first shipment of concentrate occurred in February 2009 from the Bucko Lake Mine which has a best case production scenario of 1,000 tonnes per day to produce on average 11.1 million pounds of payable nickel per year.

Production targets for 2010 range from 1,000 tonnes per day (tpd) for Q2 2010 increasing to 1,2000tpd in the second half of 2010.  Average operating cash costs for 2010 are estimated at US$5.70-5.90/lb (based on a US: CAD exchange rate of 0.94). Average costs are expected to decrease to US$5.15-5.35/lb for second half of 2010 as the mine resumes full production.

Crowflight Minerals Inc. (TSX:CML) is currently trading at approximately 17 cents per share, and has a 52week high of approximately 35 cents per share. With the economy picking up stream, and industrial production demand coming back to reasonable levels we could see interest in this stock as investors pick up small cap companies like Crowflight Minerals. A technical analysis of the stock will shed more light on the short term to medium term expectations for the share price.

What is Nickel? Nickel is a metallic element, making up 0.008% of the Earth’s crust. However, when the deeper of the Earth is included, nickel becomes more abundant, and is the fifth most common element after iron, oxygen, silicon and magnesium.

About 65% of the nickel consumed in the Western World is used to make stainless steel. Another 12% goes into superalloys. The remaining 23% of consumption is divided between alloy steels, rechargeable batteries, catalysts and other chemicals, coinage, foundry products, and plating. The largest consumer of nickel is Japan, which uses 169,600 tonnes per year (2005).

Global consumption of nickel is steadily increasing while inventories have been at historically low levels for the past five years. The forecasted supply from current and new projects is insufficient to meet the forecasted growth in demand. This is expected to be the case until 2010, supporting a strong nickel price.

These are brief explanations if you have any questions or would like additional information please contact me directly through the blog. Leave your email and I will try to respond quickly. These are just opinions of mine and you should not use a specific opinion to make an investment. Investors should be aware of the risk involved in making investments. 

Stay closely tuned for MartyMcfly's Technical Analysis on CML. With RIM posting earnings on Wednesday, Marty is also doing a write up and a technical Analysis on Research in Motion. 

Analysis for Uranium One TSE:UUU (pt.2 Technical)

You asked and you shall receive,

MartyMcfly a very skilled Canadian Chart Technician, after reading what I had to say about Uranium One he decided to do a Technical Analysis for all you home investors out there.

Uranium One (TSE:UUU) Technical Analysis

Marty's comment: Uranium One (TSE:UUU) has been trading below its 50 day moving average since the correction we saw in the broad market on February 5^th of this year. And at the beginning of March when the broad market was rallying, we saw Uranium One trade below its 200 day moving average. End of March showed an increase in buying with a welcomed bounce the week of March 22nd; however this has been on low volume which is a bearish sign. These reverse candles that we are seeing in the last couple of days could turn out to be nothing as the volume has been extremely light.  However, I would definitely keep an eye out on this stock because there could be an entry point coming up if buying volume picks up significantly.

MartyMcfly is known for skilled trading in precious metals, specifically gold. You can view his blog here:

GoldBugz

There you have it folks, you will have to keep a close eye on this stock.

Until the next one,

Mr. Stock Pick

In depth analysis for Uranium One TSE:UUU

What’s new with the stock geeks out there?

Before you consider purchasing this stock please remember it is a speculative stock

Speculative stock is Uranium One (TSE:UUU).

This is a Canadian stock that deals with the mining and production of Uranium. Exploration properties for Uranium One are in Kazakhstan, the United States, Australia and Canada. The company also owns stakes in other exploration developments.

What is Uranium? Uranium is a very dense, radioactive metallic element, naturally occurring in most rocks, soil, and even in the ocean. Uranium is mined for many different purposes and has been used to produce energy for more than forty years. Eg. Nuclear Power Plants.

TSE:UUU is currently trading at $2.64 CAD/Share and I think it goes higher from this point. Uranium’s spot price is at $42.35/lbs which has been on a serious down trend for about two years. Sudden demand looks like it will spark, probably bringing prices up to $50 per pound by Q3 2010. I see UUU being undervalued at these levels as they produce 2.9% of the worlds Uranium with that number expected to grow. 

If this isnt a sign of demand sparking I dont know what is:

Majority of these future plants are being placed in China, Russia and India

which all have great growth prospects.

Growth production forcasts look promising:

With higher demand and higher prices, doubling production from 2009 will result in

a great profit turn around for the company.

Final word:

Uranium One is an undervalued company that was hit by the financial crisis in 2007. This stock may be one of the most talked about as a comeback story.

Mr Stock Picks short term Price target for TSE:UUU $3.05

I hope everyone is enjoying the rally, especially if you have bought BAC with buy signal at $14.30  the stock is trading nearly $4 higher since than.

These are brief explanations if you have any questions or would like additional information please contact me directly through the blog. Leave your email and I will try to respond quickly. These are just opinions of mine and you should not use a specific opinion to make an investment. Investors should be aware of the risk involved in making investments.

Enjoy your weekend,

Mr. Stock Pick

Favorite Income Stocks of 2010

Hey Bloggers,


As you guys know by now, Mr Stock Pick loves Dividends.


Dividends are a great way to earn income in Bull and Bear markets, as the stock drops the yield becomes higher and attracts buyers. This results in less downward movements in the quality dividend payers.


So I have put a list of my top 10 favorite dividend payers & growers for 2010.
(Yields and Dividends are to Mondays closing price and are subject to change and are in no particular order)

TOP 10 DIVIDEND STOCKS OF 2010:

10. 

Eli Lilly & Co. 

(NYSE:LLY) Dividend / Yield = 0.49 / 5.44

9. 

Progress Energy, Inc. 

(NYSE:PGN) Dividend / Yield = 0.62 / 6.36

8. 

General Electric Company 

(NYSE:GE) Dividend / Yield = 0.10/2.31

7. 

Wal-Mart Stores, Inc. 

(NYSE:WMT) Dividend / Yield = 0.30 / 2.18

6. 

Penn West Energy Trust (USA)(CAD) 

(NYSE:PWE / TSE: PWT.UN) Dividend / Yield = 0.15 / 8.39

5. 

The Coca-Cola Company 

(NYSE:KO) Dividend / Yield = 0.44 / 3.28

4. 

McDonald's Corporation 

(NYSE:MCD) Dividend / Yield = 0.55 / 3.34

3. 

Verizon Communications Inc. 

(NYSE:VZ) Dividend / Yield = 0.47 / 6.36

2. 

AT& T Inc. 

(NYSE:T) Dividend / Yield = 0.42 / 6.52

1. 

Kraft Foods Inc. 

(NYSE:KFT) Dividend / Yield =  0.29 / 3.92

I plan to have a separate portfolio with just dividend paying stocks and as soon as i
compose this portfolio I will keep you up to date on any investments made and changes
 made to the portfolio.

Markets look like they dont want to move up further at the moment as investors are
soaking up some bad news.I dont think this will continue. I am bullish for the rest of
the year.

Dividends are a great flow of income and is also defensive. each portfolio should have
atleast one of these dividend stocks to bring in some cashflow. 

Good bye for now,

Mr. Stock Pick

The Great FireWall of China

Google's battles with China looks like it may be coming to an end.

It looks likely that Google is pulling out of China, GOOG down 17 points today on the news. With reports that have been released it looks like negotiations with China for Google may not be working in their favor.

Google plans to stop censoring in China and threatened to pull out of the country if China does not agree. The revenues brought in from Google.cn is a very small portion of Googles business as Baidu has 60% market share in China. 

I found a site for the readers that can see the affect of censoring in china.

Just visit: http://www.greatfirewallofchina.org/ and find out if your favorite site is censored.

This is the Great FireWall of China.

Is this a smart choice for Google to exit a 1.3 Billion population market? Why? Why not?

Leave a comment discussing this issue.

I am still holding GOOG and BAC which i have recommended about a month ago. Mr. Stock Pick says buy goog at 530 and buy Bac at 14.50. Current prices from Mondays close (GOOG $563.18 / BAC $15.85) Still bullish on the 2.