In this issue
James Turk
James Turk,
founder of
GoldMoney and
the
Free Gold Money
Report
(FMGR) has
recently
announced to his
subscribers a
discontinuance
of the FMGR. Due
to time
commitments he
is pulling back
and has refunded
the monies to
paying
subscribers.
James is one of
the really class
gentlemen in
this business,
extremely
knowledgeable
and in great
demand at
conferences.
James will have
less of a
physical
presence in
North America
but he will
still be writing
and sharing his
thoughts and I
encourage
everyone to
signup for
his free emails.
It is always
great to share
some time with
James and he
(like myself) is
looking for much
higher prices
for gold and
silver.
Dudley's
Workshop
My workshop on
warrants 101 and
Insiders
Insights was
well attended
and interest is
growing daily in
both of these
subjects. We are
catching the
attention of not
only the
individual
investors but of
the investment
professionals as
well and we see
a great growth
coming very soon
in our
businesses.
Lawrence
Roulston & The
Toronto Resource
Conference
Attendance at
the recent
Cambridge House
event in Toronto
was somewhat
below
expectations.
While this is a
disappointment
to the
vendors/companies
participating,
it is a major
statement as to
the market
sentiment. My
take: there is
little or no
interest in the
stocks of
companies in the
natural resource
space. This
is great news as
the 'party' we
are anticipating
for the shares
and long-term
warrants has
hardly begun.
Two of the
bigger names on
the speaking
agenda did not
make it due to
conflicts or
illness but most
of the regulars
were presenting.
Besides James
Turk, Lawrence
Roulston, Sean
Brodrick, John
Kaiser, Jim
Letourneau,
Danielle Parks,
Paul VanEeden,
Leonard Melman,
Jay Taylor,
David and Eric
Coffin and
others.
Again my take
away was that
most of the
speakers
were/are very
cautious of at
least a short
term correction
in the financial
markets, if not
a meltdown. On
balance, most
are bullish on
the future for
gold and silver
prices, but Paul
VanEeden (always
the contrarian)
is saying that,
in his opinion,
the fair value
for gold is
closer to $800
an oz instead of
$1000 an oz.
Sometimes it is
difficult to
walking away
from a
conference with
a clear path for
your future
investments in
the precious
metals sector,
do I buy, do
I sell, do I
wait, WHAT
the heck do I do
NOW?
One of the most
favorite
speakers among
attendees (and
myself) is
Lawrence
Roulston.
Lawrence comes
from a geology
background and
kicks a lot of
rocks. He
follows many
companies and is
always looking
for
opportunities.
Again, my take,
is that he is
not trying to
time the markets
short term but
rather discover
investments
which will work
out for his
subscribers over
time. I like his
style, his
service and his
patience as he
distinguishes
himself from the
crowd.
Personally I
feel that I am
more tuned in
with Lawrence
Roulston as we
also are not so
much focused on
the short term
as we are on the
bigger picture.
My estimated
time horizon for
a top in the
precious metals
is January 2011
to February
2012. Actually
this is not a
very long wait
for the monster
gains which we
feel are
possible.
Long-term
warrants
provide
investors the
idea investment
vehicle to play
this coming
rise. With the
long-term
warrants ( 2
years or more)
on some of your
favorite
companies you
have time to
weather any
short term
decline in the
markets but yet
sufficient time
to capitalize on
potential gains.
My expression is
'Better Early
Than Never'.
We would
encourage
investors to get
on board with
some long-term
warrants which
will be the
desert in
your portfolio
and frequently
the desert
is the best
part.
We encourage you
NOT to Buy
Warrants
unless you
subscribe to our
service so you
can see our new
Rankings (see
below). Don't
shoot in the
dark when we
provide
everything you
need for such a
small price (and
this price
will be going
substantially
higher very
soon).
RANKING of ALL
Warrants
Our New
Warrants Summary
Page
As you login to
our service and
then go to the
Warrants
Database, the
first page you
see will be our
new Warrants
Summary.
Our new
calculations
using the
Baker-Wilson L/T
Formula allows
us to basically
compare ALL
warrants and
then to RANK
the warrants
according to a
subscribers
investment
expectation.
It is necessary
to read all of
the footnotes at
the bottom of
the Warrants
Summary page.
Actually we have
done our best to
keep this very
simple but yet
provide you will
much more detail
and RANKING
of Warrants
to assist you
with making your
decisions as to
which warrant(s)
to purchase, if
any.
Remember
that all of
these
calculations and
RANKINGS will
change each week
as we update the
database with
current prices
for the common
shares and
warrants.
We have laid
this out using 4
different levels
of investor
expectation.
Conservative
Investors:
1. A potential
100% increase in
the underlying
common shares
2. A potential
200% increase in
the underlying
common shares
Aggressive
Investors:
3. A potential
500% increase in
the underlying
common shares
4. A potential
1000% increase
in the
underlying
common shares
Our RANKINGS,
while not
specific
recommendations,
will
definitely get
you started as
you just need to
pick your
favorite company
and make sure
there is
sufficient time,
in your opinion,
to achieve your
objectives.
FREE Warrants
Database
We are now
excited to be
able to furnish
visitors to our
website a
FREE Basic
Warrants
Database. This
will show you
all companies
with warrants
trading and all
of the basic
terms and
symbols with
links to quotes
and charts.
This is
available on our
Homepage.
You may think
that you do not
need our
service, but if
you are
investing your
hard earned
dollars into
warrants, you
must have all of
the information,
Rankings and
leverage
calculations
that we provide,
otherwise you
are operating on
less than a full
tank.
For those
readers and
subscribers
unfamiliar with
all of our
services:
•
PreciousMetalsWarrants.com
provides an
online database
for all warrants
trading on the
natural resource
companies in the
United States
and Canada.
•
InsidersInsights.com
tracks the
buying and
selling of
corporate
insiders with a
focus on the
junior mining
and natural
resource
sectors. Buy and
Sell Alerts are
issued as deemed
relevant based
upon our
analysis.
There are many
great
opportunities
presented in
each of these
services and we
encourage you to
get on board
with us soon.
Dudley
Dudley Pierce Baker –
Owner/Editor –
Guadalajara/Ajijic,
Mexico
Lorimer Wilson –
Director of
Marketing and
Contributing
Editor –
Toronto, Canada
Bruce Ross –
Webmaster and
Administrative
Assistant –
Phoenix, USA