news from minesite, page-3

Hey mate , maybe it needs a little ' push '. I reckon you're the type of bloke that could do that......and leave the hoping for others :) Cheers
--------------------------------------------------------
PURE SPECULATION: Robin Bromby From: The Australian January 18, 2010 12:00AM

IN our online posts starting tomorrow, we're tossing out the experts and asking readers what stocks, commodities and strategies they like for 2010. How are you going to play it this year? Email your views. Anonymity assured.
[email protected]
--------------------------------------------------------
Your turn to be tipster.

Robin Bromby From: The Australian January 18, 2010 2:06PM

FINGERS were crossed over the weekend. Was anyone reading Pure Speculation online and, if so, could any reader be bothered to take up the invitation to let be known their views on the year ahead and which stocks to buy?
Of course, you all like to talk your own book but that is part of the fun. We are all nosey and like to see what stocks others are putting their hard-earned on.

And the response was wonderful. Thanks, too, for the kind comments. Theres material to keep us going for a few days, so stayed tuned. And, as promised, theres total anonymity. And theres another caveat: the views from readers are their own. Were just the messenger, so dont shoot us.

So, here we go, giving precedence to the person who responded in less than an hour of the call for submissions going online.

Reader #1 prefers energy and copper. Hes been a shareholder in coal-seam gas Red Sky Energy for a while and was attracted to their management team and land holding. However, he worries that the energy sector is in for a largely flat year characterised by peaks and troughs.
The major players will continue to trend upwards, however I think the small energy companies (such as Red Sky) are in for a rough ride," he writes.

"With consolidation in the sector and the large investment required for the LNG plants, the barriers to entry are rising for new players. And he expects several of the smaller players to hit the wall this year. On the copper front, he has staked a large proportion of my savings into Citadel Resources Group. It is at the forefront of copper exploration in Saudi Arabia and has huge potential, Reader #1 concludes.

Writing in from Hong Kong, Reader #2 advises: do the same as in 2009, hold the best projects until year-end for returns between five and 10 times.

Gold followed by lithium are this readers hotties. She then lists what she terms her magnificent seven. They start with Noble Mineral Resources which she believes is heading to be a 200,000oz a year gold producer and she thinks this is the next Red Back (Canadian listed) and Perseus Mining, which is her number two noting that PRU is listing in Canada with a market cap only one-sixth that of Red Backs.

Next in line is Galaxy Resources and its lithium in Western Australia, Robust Resources which she thinks could end up with a bigger Treasure Island than Lihir, Hunnu Coal (which opens its $20 million IPO on Thursday for coal exploration on Mongolia), Global Nickel Investments the hottest grounds of the 1970s nickel boom getting retested with modern technology and OceanGold.

Theres still time to be heard. This stream will be going all week. Get those emails flowing to [email protected]

The writer implies no investment recommendation and this report contains material that is speculative in nature. Investors should seek professional investment advice.