long PTCH, SKF, ALZ, EMC, UEX

Long PTCH, Patch International at $1.10 on the OTC Bulletin Board.

We like the potential in what they're doing, and we like what the stock can do when under buying pressure as seen when it ran earlier this year from $0.50 to $4.00 in a span of just over two months.

Patch International


A bit of diversity. Long SKF, Skor Food Group at $1.15 trading on the Canadian Venture Exchange.

Skor Food Group Inc.


We're adding more uranium exploration to the portfolio. We believe it to be the energy of the future, and the metal is currently on a run of nearly 500% gains over the past three years with no pullbacks and no sign of letting up. Those Uranium-related stocks that hit should continue to hit big, with the others likely also rising in the overall bull market we expect to continue.

These trade in Canada.

Long ALZ, Aldershot Resource at $0.30
Long EMC, Energy Metals at $5.20
Long UEX, UEX Corporation at $3.38

Aldershot Resources
Energy Metals Corp.
UEX Corp.

Uranium longs : SAN, SSE, RH, ABN, TUE / short : CFC

These uranium exploration companies are listed in Canada (TSXV).

Red Hill operates in Mongolia, and we've done very well with it as earlier this year we made an original entry circa $0.30 before it rocketed to the $1.75 level on expectations of assay results (former symbol : UGS). We sold our holdings circa $1.40 for a gain of 366% and are now re-entering as the chart suggests it's time for another upward leg.

The rest are exploring in Canada's Athabasca and Labrador regions.

Long Red Hill Energy, RH at $0.69
Long Santoy Resources, SAN at $0.41
Long Silver Spruce Resources, SSE at $0.49
Long Consolidated Abbadon, ABN at $0.50
Long Titan Uranium, TUE at $1.70


Details on the companies available via their respective websites :

Red Hill Energy
Santoy Resources
Silver Spruce Resources
Consolidated Abbadon
Titan Uranium Inc.


Short Countrywide Financial, CFC at $37.25 on NYSE for balance. Countrywide Financial

short MCK / long MAI, NOC

Shorted MCK on the NYSE today at $51.50

We've followed this stock for a few years, and feel we know it well enough to be intuitive about it. It looks tired to us, and we expect US markets to do poorly going forward along with a general credit crunch including for McKesson's clients.

On a technical level if it reaches a new 52-week high above $55 we should cover and probably will, perhaps going long. Stay tuned.

McKesson Corp.


There will be an announcement whenever we close positions mentioned on this forum.


Long NOC, Northern Peru Copper on the TSE today at $3.90 Northern Peru Copper Corp.

Adding long MAI, Minera Andes on the TSXV today at $1.30 We've owned this one since earlier this year at $0.75 and like the chart and prospects. Minera Andes Inc.


We're going for a good mix of long and short on different exchanges, and at varying price levels. Something for everyone.

A small acorn.

From the smallest acorn the mightiest of oaks grow. Perhaps. Time will tell.

In this 'blog we'll dispense with frills in favor of getting the job done. From this simple start it may grow to something far more elegant, however the only things we're truly interested in growing are investment portfolios.

In future posts we'll outline what we've been holding and why, but we'll begin with this week's fresh entries.

In Canada, we've gone short Loblaw at $50 and short George Weston at $75 on the TSE. Good hedges, as they've been going against the index for some time and appear likely to continue to slide especially if the TSE should turn down.

Loblaw Companies Ltd.
George Weston Ltd.

Long CXX at $1.45 on the Venture Exchange (TSXV). Crosshair Explorations

In the US, we've gone long Dreman/Claymore at $20 and long Western Refining at $23 on the NYSE.

Dreman Claymore
Western Refining Company

On the NASDAQ, long INFY at $40.50 , long ATYT at $20.10 and long FILE at $31.00 It almost seems wrong buying anything with the recent history of tech in markets we expect to do poorly over the next few years, but we like the trends on these and we never argue against the trends.

Infosys Technology Ltd.
ATI Technologies
Filenet Corp.


Gold is currently fluctuating around $640 USD. We're very bullish and long on shares and bullion, as well as with silver and platinum and copper. Extremely bullish on uranium, which hit a new high of spot $47.50 USD today. Bearish on housing prices, and have been for a year now - the Canadian market should fare favorably, particularly in Western Canada, but the US market is in for a major shock. Bearish on the US dollar.