Nat Gas Futures May Be Bottoming

Source: Seeking Alpha, Kurt Wulff (9/28/10)

"A bottoming may set the stage for a multiyear advance."

Amid widespread low expectations for natural gas price, we see signs of a bottoming that may set the stage for a multiyear advance. For more than four consecutive weeks, seasonal inventory build has been slower than normal. The positive wiggle in the inventory line follows a flat trend for one-year futures price roughly near $5/Mbtu since the spring of 2009.

Eric Miller, long-time colleague in decades past and respected investment strategist, impressed on us that a long basing period after a decline may indicate there is little more selling to be done and that new buying may drive price up. Price patterns aside, the fundamental case for natural gas as the most economic clean fuel has rarely been stronger. Also we are at peak political uncertainty in the second year of the presidential cycle ahead of midterm elections. That uncertainty is usually followed by better stock prices in the next two years.

Positioning for the future, investors can choose attractive natural gas ideas among income and small-cap stocks by weighing concentration of present value in the natural gas segment, income yield and McDep Ratio, among the most important considerations. With notable exceptions, income and small-cap stocks offer more natural gas concentration than large-cap stocks.

Once a quarter, usually after the distribution declaration for the second month of the quarter, we roll forward our Next 12 Months period by three months. Today's estimates of distribution yield are for the year ending September 30, 2011. . .Because futures prices that we use for our estimates have a rising slope with time, the quarter added at the future end of the period usually has a higher price for oil and natural gas than the quarter dropped and at the present end of the period.

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Latin America: Six Gold Juniors Amass 100M+ Ounces
Source: Marc Davis, BNW News (05/25/2010)

Latin America, the world's last great mineral frontier for prolific gold discoveries, is proving a godsend for some lucky investors.

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."

I haven’t spoken to my old mining stock friend, noted and universally respected gold stock guru, Bob Bishop, about Rare Element in a year, but I hear he is still a supporter and very large shareholder. I don’t believe he will hold it against me to remind you that this was one of his favorite holdings when he left the newsletter writing business. . .

It's Only the Beginning for Uranium
Source: www.financialinsights.com (06/03/2005)

Dr. Richard S. Appel, author of Financial Insights, first became bullish on uranium in mid-2003, when it appeared obvious that its supply versus demand equation was fated to seriously drive higher its price. Since then, a series of events in the uranium industry has led Appel to believe that uranium prices will reach never before seen levels.

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