I have found an opinion of a German expert of resources from a financial newsletter called "Resources Signals".
He is in favour of markets instead of stocks because of risks of the companies.
I think it it is ok to have a look also at another view.
This is a autom. translation from German:
"My assessment:
1. Specifically, in relation to Alcoa.
Since I would not buy Alcoa, despite the good figures are quite determined. Reasons - and I quote from my current raw signals Strategy Paper: "The worldwide demand for aluminum has decreased from January to August by 17% - also has increased the offer."
Such things tend to be price-depressive, so I think that a declining price of aluminum in the current quarter is quite probable. Of course, not good for a producer of aluminum. Moreover, even emphasizes the chief executive of Alcoa (Klaus Kleinfeld, we do know - well, until 2007 he was with Siemens), the risk of rising energy prices. And the aluminum production is VERY energy intensive.
To my opinion this does not have much effect for Bauxite Resouces because it is another situation for a successfull explorer becoming a producer."
BAU Price at posting:
$1.21 Sentiment: Buy Disclosure: Held
