I write this AM on Quaterra Resources. While at the PDAC last week (PDAC was insane with 37,000 badges printed) Chris and I met with a number of companies. As a result there was simply no time to write Morning Notes. It was the first week in 9 years that I did not publish at least one Morning Note.
Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]
How many times have you heard it? It was taught to me first by my dear departed friend Ralph Rooney. Myself, Ralph, Chief Nesbit, Drs. Raul Madrid and Ralph Roberts all toured Nevada together between 1989 and 1995. Ralph Rooney would talk to the old timers (Messrs. Marion Fisher, Leon Belaustigie and Sam Bida) and always pontificate:
“Mike,“you find a mine where there has been a mine.”
Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]
New York, NY - March 13, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on one of the top NASDAQ percentage gainers in today's trading session, Great Wolf Resorts, Inc. (NASDAQ: WOLF). The stock is trading up at $5.23, up 1.04 (24.82%) 1:33PM EDT on over 8.6 Million shares. The stock soared on acquisition news.
An affiliate of Apollo Global Management, LLC (NYSE: APO) and Great Wolf Resorts, Inc. (NASDAQ: WOLF) announced that they have entered into a definitive merger agreement with Apollo will acquiring Great Wolf, North America's largest family of indoor waterpark resorts, for approximately $703 million, including the assumption of the Company's outstanding debt.
This AM we note that Todd Hilditch’s Terraco Gold’s CEO has done it again. In December, 2011 the company completed a non-dilutive $5 million financing. We saw this as a coup particularly in this type of market where finding money is increasingly difficult for those Junior mining companies not yet in production.
Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]
Many investors spent the latter half of 2011 and January 2012 licking their investing wounds (us included). However we are beginning to see some encouraging signs of an uptick in the industrial and energy metals sectors. In fact the Russell 2000 Small Cap index outperformed all its bigger cap brothers and sisters in January according to Bloomberg. Examples include:
Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]
