Thursday, March 31, 2016

Diamonds and Uranium and Investing Oh My!

About the new diamond mine (Stornoway)  that I own 500 shares of. About half the shares I bought around 2012 were at approximately .66 cents each. Another batch I bought at a later date were around .97 cents and the final batch I bought totalling my share ownership to 500 shares was approximately .73 cents each. Currently the shares are running at around $1.03 which is a good increase for some of my shares.

The Stornoway Diamond mine in Quebec is slated to open in December of 2016 so hopefully I can time the selling of some of my shares when they are up.

My guess is that they may spike after announcements or press releases in November/December saying the diamond mine is officially opening and shortly after that ... Where I believe they will slowly start to drop over time again with occasional spikes on good press releases.

From much of the research I have done into many other mining companies and their share prices ..  It seems the companies highest share prices are found very early when the companies first go public by getting listed in a stock exchange.

Then the share prices slowly drop or level out for years while drilling and economic  feasability and environmental assessments and approvals and financing  are conducted only to spike periodically after some positive news press releases are published and then the share prices drop again for a while (months or years) and then if all goes well and a mine is created then shortly after the mine opens there is another spike in prices which then either sustain themselves, slowly grow, or slowly drop again .... In essence ... Its all about timing.

My next purchasing of shares in any company I believe will be geared toward uranium mining companies since there has been a reported shortage of uranium for nuclear plants ... this, tied together with the fact that China has approved the production of 8 nuclear plants per year over the next few years gives me reason to 'go long' on uranium (buy shares now while demand and uranium prices and uranium mining share prices are still low)

#Stornoway #diamonds #Diamond #mining #stocks #NYSE #tsx #tse #shares

Sunday, June 14, 2015

Welfare Scumbag Also Canadian Investor

Did you know that all you need to become an investor -- to buy and sell shares of companies you research and choose to buy shares of -- is to arrange a meeting with your bank staff? Watch this video to see how this rookie scumbag on welfare has come to own 500 shares of a Canadian diamond mining company in Quebec! (Stornoway Diamonds) and a Canadian Molybdenum (Metals) exploration/mining company.

Friday, January 23, 2015

My Latest Decision to Buy

This is a company I saw a few years ago and considered buying shares in way before their shares spiked in price. At the time I discovered them, their shares were around $19.00 each.

I was not prepared at that time to spend that kind of money and I had never even bought shares at all with anyone yet, however, since then, their shares shot up to the $40 range per share, causing them to do what is called a "stock split".. meaning that if you owned 10 shares worth $40 per share, the company reduces the price of the shares by half which makes the shares you own wirth $20/each and doubling the quantify or number of shares you own so everything stays the same for you as an owner.

Before the Split:
You have 10 Shares @ $40 each:
Value = $400.00

After the Slplit:
You have 20 Shares @ $20 each:
Value = $400.00

If you do not yet own own shares the company, a split helps people who want to buy them because now they can afford to buy share at $20/each as opposed to paying $40/each.

All of this to say that after the split, Badger's (BAD-T) shares are currently costing around $37 bucks each, and the company is still doing quite well.

Looking at the stock chart the prices although a little high, are in a bit of a dip right now so it might be a good time to buy. Also the summer work season is ahead when business picks up so it might be a good time to get in on the long-term with this great Canadian company.

I am going to slowly start buying shares even if only a few at a time because after reading several of their MD&A and Annual Reports over the past five years or so, I have seen nothing but growth for this company.

They basically go around with their fleet of giant trucks you have seen on the streets which look like big vacuum trucks, with a huge tank and big black hoses on them.. however, Badger Daylighting's trucks are not giant vacuums, they are high-pressure water excavators (diggers) which use water to dig holes in the ground without destroying pipes or other underground infrastructure.

Digging without damage basically. Huge in the oil and gas industry, as well as other utilities and municipalities where you have to get under ground to fix old pipes or stuff like that without digging up the ground and risking the breaking gas, water, and other pipes.

They are expanding and have been for years. With the split stock price and the latest little bit of a dip in the price lately if you have money.. I think I can safely recommend a buy!

If you want to go for investing in a business that is a little different and more interesting and simple to follow and understand this is one of them.

Check out the link below for an article on the company and see their stock price chart at the end to prove what I am talking about regarding their growth and the current "dip" in price.

It is the winter season in Canada so business is a little slow right now at least here, so get in now and watch the growth over the summer. Go long term with these guys I can't see you losing. I am not a professional investment advisor etc.. just going by what I see. Invest at your own risk :)

Thursday, August 1, 2013

Welcome Message

So, you want to buy shares in a company but you don't know how to interpret the business or technical terms you typically find in a company's Annual Reports, Press Releases, or MD&A reports.

Maybe you don't even know what an MD&A is yet! If not, this blog is for you! Come along with me for the ride as I set out to learn about all of these things are more! If it's in any way related to choosing a company to buy shares from or investing generally speaking I'll try to cover it.

Feel free to contact me by email at if you wish to suggest topics for me to research and write about.

Be sure to click on the "Topics" labels over on the right side of this screen to find posts of interest to you. Thanks for visiting, and I hope you find what you are looking for!

Thursday, January 24, 2013

BlueScout Files for Bankruptcy (Catch The Wind)

Due to the cost of ongoing legal battles, BlueScout Technologies (SCT) (formerly known as Catch the Wind (CTW) has filed for Bankruptcy. I will try to learn what this means for shareholders as this matter progresses and will post the results below: If you know what happens to shareholders when a company files for bankruptcy please comment below.

I have talked with a former executive of SCT regarding the bankruptcy and asked what happens to shareholder's investments. Basically, what I recall is that your money is more or less... gone. There was mention of the slight possibility of small cheques being handed out to shareholders in some form of compensatory manner, however this is highly unlikely from what I recall. If any shareholders have received any cheques from the company I would love to hear from you, however the smaller your share holdings, the less likely you are to see anything is what I understood as well. Again, all of this was just possibilities but more than likely not probable.

News Release:

Monday, March 26, 2012

Possible Share Price Sale Pending?

I know I could be totally wrong on this one, but I just read a press release from a company I hold shares in because of their huge Molybdenum deposit which has yet to be mined, namely Mosquito Consolidated Gold Mines (MSQ), wherein it says that a legal action has been taken by a share holder (former board member) to try and overturn a vote of the members.

Reading this press release tells me that it could bring bad news to jumpy share holders and make them start selling off their shares ... if they do that, as far as I know, and again, I am just a rookie, this could lead to dropping share prices, which to someone like me, a small time investor, that could be good news in that I can start buying more shares at a discount!

UPDATE: Jan 11, 2013
At the original date of this post, (March 26, 2012) the shares were at a price of $0.40/share. Over the next six months, due to the uncertainty of legal action between the board members and former board members, the price of the shares dropped drastically to a low of $0.17/share. Just as I had predicted (got lucky I guess) and now, four months after the low of $0.17/share in September, the company has since stabilized, a new Board of Directors has been elected, a new executive appointed, the focus of the company has been sharpened to the huge CUMO Molybdenum deposit, and the company's name changed from Mosquito Consolidated Gold Mines Limited (MSQ) to American CUMO Mining Company (MLY) in order to give it a new face and reputation.

These changes all appear to have been beneficial to the company, and to the share-holders, because, since these changes were made, the share price has begun to rise again. Currently, as of the date of this update, (Jan 11, 2013) the share price of the American CUMO Mining Company (MLY) is recovering from the low of $0.17/share to $0.30/share. That's a $0.13/share increase since the take-over!

It's my opinion, as a total Rookie Canadian Investor, and a biased share-holder, that great things are yet to come!

You can monitor the current and past share prices of the American CUMO Mining Company (MLY) at

Good News Update on Catch the Wind

I am posting this update to let others know what I am thinking as I hold shares in a company, and how I react to press releases from the companies I hold.

At this particular moment, I am feeling a little optimistic since Catch the Wind (CTW) released a few new press releases demonstrating to me, forward movement or progress. (keeping in mind at all times that I could lose everything at any time)

In one press release dated March 19, 2012, CTW informed us of a partnership between CTW and Sanmina-SCI in Kanata, Ontario, under which a manufacturing services agreement will see Sanmina-SCI  produce and assemble the Vindicator® optical control system (OCS) units at its state-of-the-art manufacturing facilities in Kanata, Ontario. Under the agreement, Sanmina-SCI will also provide technical, engineering, design and other professional services related to the manufacture of the OCS. This is great because now CTW has a place that will manufacture the Vindicator OCS units for them and will also be able to handle high demand production. (supporting links below)

Just two days later, CTW released another press release stating that they had signed a multi-unit sales agreement with enXco, an EDF Energies Nouvelles Company which develops, constructs, operates and manages renewable energy projects throughout North America which will see enXco purchase an additional five Vindicator OCS units "to outfit wind turbines at multiple North American wind farms with Catch the Wind's advanced optical turbine control system" and that installation of these units is scheduled to begin in April of 2012.

Wanting a little further clarification on this press release, I called Phillip Dale, CTW's Investor Relations contact included at the end of the press release and if I recall correctly, I learned that CTW had previously provided Sanmina-SCI with a single Vindicator Unit to check out as a first stage, only to have them order five more units to use on various other Wind Farms to see how they perform, and that if all goes well, it may lead to further purchases of the units for more, or all turbines. Nothing is for sure, however this is the basic principal.

Then, just today, Monday March 26, 2012 CTW put out another press release, which indicates possibly further good news in that they have granted what are called Stock Options to several "insiders" or Board members as per their company compensation policy, which says basically that the individuals listed in the press release, (Board members etc.) have been granted the right to purchase shares of the company at the rate of 14.5 cents each any time from now until March 22, 2022.

This tells me that the company is confident that they will see their share price rise over the next ten years because an option gives the person who was granted it, the right, until the option expires (March 2022 in this case) to purchase shares at the price indicated in the option (ie 14.5 cents each) even if the share sky rocket or even rise a little for that matter.. until March of 2022.

So let's say in two years, CTW gets several more contracts with wind turbine companies to install their units on windmills, and CTW shares rise to two dollars each. If I held an option at 14.5 cents, I could purchase those $2.00 shares for just 14.5 cents each! Talk about savings!!! Not only savings, but once they purchase those shares, they can then sell them at the market price at the time and make a buck, or hold on to them longer to see if they go up in value even further.

This offers them a real safety cushion because even if the shares were at $2.00 each for a while, and they start to fall way down to $1.00 each, they are still going to profit on a sale since they only bought them for 14.5 cents each using their Options. Pretty cool eh? (yeah, I said eh because I am Canadian!!! lol )

So now I'll let you read the press releases for yourself by clicking on the link below. If you have any questions, please use the comment tool below this post.