Thursday

BvbFan Punts On Potential World-class Tantalum Producer

Inflationist Challenge -

Firstly I’ll start with a spec that has potential to be providing around 20% of world supply in their commodity in a few years time and will be the number producer in the world.

Gippsland Ltd (GIP on ASX, AIM also listed on Frankfurt)

Tantalum prices have held up well in the commodity sell off and given that Tallison (the old Sons of Gwalia operations) have indicated they need a price rise of nearly 100% to around $110/kg to stay in business.

They have already closed one mine down and will put GIP in a position to become the biggest supplier.

Buying 150000 GIP at 4c (AUD) $6000

Gold looks to have a lot of favourable currents in 2009, I’ll take a stab with Mineral Deposits (MDL on ASX, MDM on TSX-V)

Hedged with some gold production at $861USD, I think these have further upside.

Buying 5000 at 70c (AUD) $3500

Uranium prices have bounced back somewhat to the highest levels in 6months I believe.

Taking a punt with Toro (TOE) with some decent ground in WA, where the new Liberal Govt seems to be open to uranium mining/exploration.

Buy 25000 at 12c (if they are filled) $3000

Cost $12500 + brokerage

Bvbfan Portfolio

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