Revett Minerals - currently WAY undervalued!

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Tue, Oct 18, 2011 - 11:09am
Joye
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News

It is no measure of health to be well adjusted to a profoundly sick society. - Krishnamurti
Tue, Oct 18, 2011 - 11:29am
mouser
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Terrific numbers again from

Terrific numbers again from Revett, as they execute the mine plan profitably. If this isnt the most undervalued silver producer , i am missing something. I am guessing earnings come in near .20 a share again this coming Q, even with the hedging. The silver hedge should be finished in January , and that will improve earnings even more.

Thu, Oct 20, 2011 - 7:16pm
mouser
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Commodities complex got hatcheted today on the CME

Copper and the rest of the base metals and energy got quite a haircut today, and that sent most of those related stocks down today.

RVM has big exposure to copper and silver of course, and copper was down over 6% today, closing just above 3$ US.

RVM was not affected as much as other miners with lots of copper production as they had hedged 50% of 2011 production at 3.55, and that takes a lot of the volatility out of their earnings. And i think a very good move locking in 25 % of their 2012 copper production at 4$. The last update -Cash costs per ounce of silver and per pound of copper improved significantly with the improved production levels. Cash costs(2) for the third quarter of 2011, calculated on a net of byproduct basis, were $4.32 (U.S.) per ounce silver and 69 U.S. cents per pound copper.

Todays close was the lowest since last november, and they have made huge improvements in production and earnings since that time. I am in for some at these levels and will continue to buy as it drops ,as the Q report coming should give them a ridiculous low P/E ratio as compared to their peers. They already are the lowest valued silver producer when using the price per oz of silver equiv in ground. RVM has no debt.

Almost 20 billion $ of insitu metal value in ground at todays prices.

Tue, Oct 25, 2011 - 3:50pm mouser
Joye
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More good news

Article from Seeking Alpha about Revett.

https://seekingalpha.com/article/3019...ck-creek-looms

It is no measure of health to be well adjusted to a profoundly sick society. - Krishnamurti
Tue, Oct 25, 2011 - 9:59pm
DavidSilverSwe
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when is revetts Q3 coming in?

when is revetts Q3 coming in? I must be blind navigating their homepage :(

mouse: thanks for the great info, also do you think revett + other companies will lower their hedge or increase it going into 2012?

Tue, Oct 25, 2011 - 10:16pm
mouser
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RVM Q 3 will be mid november i believe

Last year Revett reported Q 3 on nov 15th , so i suspect it will be right around there again.

As far as the hedges go, RVM's silver hedge is done in Jan, and i do not believe they are contemplating another silver hedge at these prices for 2012.

They did lock in 25% of their copper production for 2012 at 4$, not a bad move imo.

Currently 50% of RVM's 2011 copper production is hedged at 3.55 so not looking so bad anymore.

I suspect this Q being reported should be their best ever. RVM trading at a very low multiple to earnings.

Tue, Oct 25, 2011 - 11:16pm
mouser
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Great writeup here from seeking alpha

A few more of these positive writeups and we may see a huge jump in RVM in the next short while. I also read a great article in Resource World magazine written by Mike Kachanovsky, ( mexico mike), really well done.

https://seekingalpha.com/article/301913-revett-minerals-executing-on-all-fronts-blue-sky-potential-of-rock-creek-looms?source=yahoo

Wed, Oct 26, 2011 - 1:49pm
DavidSilverSwe
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the funny thing is that a lot

the funny thing is that a lot of juniors should and could see a major re evaluation. I think some sort of trigger is needed for the

sector, be it funds putting gold, gold stocks(+silver) back into portfolios, or just a greater public awareness.

For Revett, maybe the QE3 will move the stock. that remains to be seen.

anyway. I just bought the stock. Ive slipped a bit in my DD, but feel it's a good call for over the Qe3 at least.

Wed, Oct 26, 2011 - 3:13pm
Joye
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Another article about

It is no measure of health to be well adjusted to a profoundly sick society. - Krishnamurti
Fri, Nov 4, 2011 - 4:00pm
Icarus
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Looks like the smart money is

Looks like the smart money is starting to take an interest. This from Seeking Alpha:

We ran a screen on stocks currently trading under $5 for those seeing significant net institutional purchases over the current quarter.

3. Revett Minerals Inc (RVM): Engages in the exploration of copper and silver properties. Market cap of $143.35M. Price as of market close on 11/1 at $4.06. Net institutional shares purchased over the current quarter at 5.1M, which is 25.42% of the company's 20.06M share float. The stock has had a couple of great days, gaining 6.05% over the last week.

For the whole article go to: https://seekingalpha.com/article/304828-20-smart-money-stock-picks-trading-under-5?source=yahoo

Regards,

Icarus

Wed, Nov 9, 2011 - 1:15pm
Joye
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Q3 date

/////////////////////////////////////

r. Monique Hayes reports

REVETT ANNOUNCES Q3 EARNINGS RELEASE DATE AND CONFERENCE CALL INFORMATION

Revett Minerals Inc. has scheduled a conference call to discuss its third-quarter 2011 financial results on Tuesday, Nov. 15, at 12 p.m. (EST). Financial results for the third quarter are expected to be released before market open on Monday, Nov. 14, 2011.

To participate in the call, North American callers can call 1-800-732-1073 and international callers can call 416-644-3424, approximately five to 10 minutes prior to the scheduled start time of the call.

////////////////////////////////////

Hopefully this will show some good numbers and get the ball rolling.

Best of luck to you all.

/Joye

It is no measure of health to be well adjusted to a profoundly sick society. - Krishnamurti
Mon, Nov 14, 2011 - 10:30am
Super_Douche
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Not quite what I was expecting...

https://finance.yahoo.com/news/Revett-Reports-Q3-Earnings-iw-2188629033.html?x=0&l=1

We are moving forward, but I have to admit I was expecting a little better EPS after last quarter. I am not too worried though, Revett's future looks very good! Troy has many years left and Rock Creek hasn't even been touched yet. I would like to see what Mouser has to say. His analysis will be much better than mine.

"There is no inflation and unless we get some soon we will all be in trouble." -Paul Krugman
Wed, Nov 16, 2011 - 12:32pm
Joye
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Stock halted

The stock is halted pending news.

Hopefully it´s possitive news about the Rock Creek projekt, in that case we are off to the races...

Let´s hope for the best.

/

Take care

It is no measure of health to be well adjusted to a profoundly sick society. - Krishnamurti
Wed, Nov 16, 2011 - 1:24pm
Joye
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Looks Good!

Revett Receives Favorable Decision from Ninth Circuit Court of Appeals on Rock Creek Legal Proceedings

""The Court affirmed that "the Fish and Wildlife Service's determination that the mine would entail "no adverse modification" to bull trout critical habitat and would result in "no jeopardy" to grizzly bears was not arbitrary, capricious, or in violation of the Endangered Species Act.""

More to come from the company, nice with some good news.

Lets get it on!

It is no measure of health to be well adjusted to a profoundly sick society. - Krishnamurti
Wed, Nov 16, 2011 - 1:38pm Joye
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Link to court decision

https://www.ca9.uscourts.gov/opinions/

Here is the decision..... All very strong in favour of Fish and Wildlife services decisions for Revett at Rock Creek.

Enjoy

Wed, Nov 16, 2011 - 1:49pm
Joye
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Trading started again

Looking good ppl! =)

My portfolio needed some nice gains so this is much welcome.

It is no measure of health to be well adjusted to a profoundly sick society. - Krishnamurti
Wed, Nov 16, 2011 - 2:11pm Joye
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Same here!  Been waiting for

Same here! Been waiting for this!

Can I offer you a drink? How about this expensive prostitute?
Wed, Nov 16, 2011 - 2:42pm Sterling
JoeyJoeJoe
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Feels good!  I sold into

Feels good! I sold into strength... maybe I'll buy back a slight pullback tomorrow?

Wed, Nov 16, 2011 - 3:17pm JoeyJoeJoe
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i thought about it..

JoeyJoeJoe wrote:

Feels good! I sold into strength... maybe I'll buy back a slight pullback tomorrow?

then told my thoughts to take a hike..staying long. Rock Creek looks too nice for me to not be long.

“Everybody gets what they want out of the market.” -Ed Seykota
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