Trading Bougainville Copper (ADRs) 867948

www.rohstoffe-go.de

Rio Tinto gut positioniert



Vivek Tulpule, "hauseigener" Ökonom beim Rohstoffkonzern Rio Tinto (ISIN GB0007188757, WKN 852147) erwartet insgesamt ein großartiges Rohstoffjahr 2009. Trotz aller negativen Umstände der letzten Monate ist der Kernpunkt in Tulpules Report, dass die Nachfragesituation aus China und den anderen Schwellenländern weiterhin stabil bleiben soll.



Somit stehe die Rohstoffbranche bereit für ein weiteres großartiges Rohstoffjahr, so der Ökonom. Aufgrund der Industrialisierung und der Urbanisierung in den aufstrebenden Ländern erwartet Rio Tinto ein sechstes Jahr in Folge mit hohen Rohstoffpreisen.



Solch eine Periode sei beispiellos in den letzten 100 Jahren, so Tulpule. Obwohl das Wachstum in den Schwellenländern im Vergleich zu diesem Jahr etwas niedriger ausfallen solle, bleibe es dennoch stabil. China wird seiner Meinung nach eine Wachstumsrate von 9% aufweisen. Zu den interessantesten Sektoren zählt Tulpule Eisenerz, Kupfer, Aluminium und Kohle.

www.buyselltips.com/BuySellSignals/com/bst/...rdStockSector.do

29 August, 2008 (16:00:00 AEST)

BOUGAINVILLE COPPER LTD PRICE 4.3% BELOW VOLUME WEIGHTED PRICE August 29, 2008 16:00:00 AEST

Bougainville Copper Ltd (BOC), Australia's 3rd largest Copper company by market capitalisation, surged 10.0c (or 9.7%) to $1.13, ending a four-day streak of losses. The price is at a discount of 4.3% to the 1-month volume weighted average price of $1.18, which may appeal as a value proposition. Compared with the All Ordinaries Index which rose 72.2 points (or 1.4%) on the day, this represented a relative price change of 8.3%.

PRICE VOLUME DYNAMICS
Volatility: The stock traded between an intraday low of $1.10 and a high of $1.13.
Moving Average Price (MAP): The price to 200-day MAP ratio is 1.0. In the past 200 days this ratio has been under 1.0 76 times suggesting further downside. The 200-day MAP has decreased to $1.13. A decrease is a bearish indicator. In the last three months the number of falls outnumbered rises 33:25 or 1.32:1.
Relativities: Since open its percentile rank in the Australian market was 92. In the Australian market of 2,113 stocks, the stock has a 6-month relative strength of 93 which means it is beating 93% of the market. A price rise combined with a high relative strength is a bullish signal.
Volume and Turnover Period: There were 30,632 shares worth $34,536 traded. The volume was 0.7 times average trading of 45,184 shares.
% Discount to High: The last price is at a discount of 41.8% to the 12-month high of $1.94 ten months ago on 01 Nov, 2007.
Beta is 1.3.


COPPER, GOLD, SILVER AND PRICE PERFORMANCE RANK IN INDICES AND SECTORS
The stock is in 2 indices, 5 sectors and 3 commodities.

The copper price in US$ per pound was 3.46 or US$6,927 [AUD 8,038] per tonne. It advanced $US0.03 or 1.0% on the day. Trailing one week, it dropped $US0.07 or 2.0%. Trailing one month, it plunged $US0.25 or 6.8%. Trailing one year, it added $US0.15 or 4.4%. In the Australian market of 2113 stocks, 53 sectors, 20 indices and 14 commodities, the copper price in AUD has a 6-month relative strength of 71 and a 1-day relative strength of 62. This indicates it has outperformed 71% of the market (rank 393 out of 1376) in the last 6 months and has outperformed 62% of the market (rank 528 out of 1377) in the last 24 hours.

The gold price in US$ per troy ounce was 837.7 [AUD 972.1]. It added $US4.8 or 0.6% on the day. Trailing one week, it declined $US4.7 or 0.6%. Trailing one month, it plummeted $US85.82 or 9.3%. Trailing one year, it soared $US171.7 or 25.8%. In the Australian market of 2113 stocks, 53 sectors, 20 indices and 14 commodities, the gold price in AUD has a 6-month relative strength of 67 and a 1-day relative strength of 59. This indicates it has outperformed 67% of the market (rank 459 out of 1376) in the last 6 months and has outperformed 59% of the market (rank 570 out of 1377) in the last 24 hours.

The silver price in US$ per troy ounce was 13.7 [AUD 15.9]. It declined $US0.05 or 0.3% on the day. Trailing one week, it slumped $US0.33 or 2.3%. Trailing one month, it crashed $US3.77 or 21.6%. Trailing one year, it jumped $US1.88 or 15.8%. In the Australian market of 2113 stocks, 53 sectors, 20 indices and 14 commodities, the silver price in AUD has a 6-month relative strength of 43 and a 1-day relative strength of 31. This indicates it has underperformed 57% of the market (rank 789 out of 1376) in the last 6 months and has underperformed 69% of the market (rank 954 out of 1377) in the last 24 hours.

The following index and sector rose setting the trend for its rise of 9.7% (rank by percentage price change of stock for 1 day;6 months in sector/index in brackets):
Total Australian Market (rank 111;92 out of 2134) which was up 75.8 points or 1.4% to 5,502.6,
All Ordinaries Index (rank 6;17 out of 415) which was up 72.2 points or 1.4% to 5,215.5
The stock's rise went against the trend set by Copper Sector (rank 8;2 out of 74) which was down 23.4 points or 0.3% to 8,722.0

RELATIVE VALUATION INDICATORS [RVI]
Bougainville Copper Ltd vs Copper Sector [Copper Sector Average in Brackets]
Worse than Sector Average: Return on Equity of 0.9% [40.5%]; rank 14 out of 73 Copper stocks; Return on Assets of 0.8% [21.4%]; rank 14 out of 73; Year-on-year growth in EPS of -11.4% [4.9%]; rank 6 out of 8; P/E of 288.2 [7.7]; rank 9 out of 9.

SHAREHOLDER RETURNS
Trailing One Week: The stock fell four times (80% of the time) and rose once (20% of the time). The volume was 0.3 times average trading of 225,920 shares. The value of $1,000 invested a week ago is $1,009 [vs $1,041 for the All Ordinaries Index], for a capital gain of $9.
Trailing One Month: The stock fell ten times (43% of the time), rose eight times (35% of the time), was unchanged three times (13% of the time) and was untraded twice (9% of the time). The volume was 0.7 times average trading of 994,048 shares. The value of $1,000 invested a month ago is $1,097 [vs $1,061 for the All Ordinaries Index], for a capital gain of $97.
Trailing One Year: The value of $1,000 invested one year ago is $1,284 [vs $880 for the All Ordinaries Index], for a capital gain of $284. The total return to shareholders for 1 year is 28.4%.
Trailing Five Years: The value of $1,000 invested five years ago is $8,071, for a capital gain of $7,071.

www.goldseiten.de/content/nachrichten/kovacevic-2.pdf

Gianni Kovacevic

August 27, 2008

A good joke combines totally unrelated items such as the one I heard from a pundit on TV who declared that he was betting that commodities will make substantial pull backs now that the Chinese have fulfilled their $50 billion Olympic dream. This knee slapper suggests that the development that took place inside an area smaller than metropolitan New York (albeit 30 million people) was the driving force for 3 billion people in the developing world. Here’s one that TV
pundit didn’t hear before, what do the 8th wonder of the world, the rule of 72 and over 100 years of reliable demand growth have in common? It’s called a 100 year old trend called progress that has been a 4% per annum growth rate long before CHINDIA or the Beijing games. For one to think that the red dragon is going to take a nap after Beijing’s coming out party is to believe the Chinese Olympic Team will be satisfied with 10 gold medals at the 2012 London Games. A few trillion dollars of infrastructure spending make the 2008 games budget look like a lemonade stand in front of your local Wal-Mart.

There is no government, army or spiritual force that can prevent the developing world from
purchasing their first modern conveniences. Leaders of these growing economies have only just started to provide infrastructure for their citizens as any well travelled person knows, (never get your investment advice from anyone who doesn’t have stamps in their passport.) Even during a slowing US economy (anyways only 11% of Global copper consumption) demand for the red metal remains strong while copper mines continue to underperform due to many factors.
In fairness to the supply and demand argument (meaning is too much supply coming on-line?)
The International Copper Study Group (ICSG) projects “annual mine production to reach 22
million tonnes (5.3% p/y) by 2011 based on new information and announced project
developments.” With demand growing by similar rates per year this new production would just keep up as has been done over the past 100 years (view virtually identical fig’s. 1 & 2). Hiccups with these “announced project developments”, as any natural resource investor knows, have been many and frequent. Irrespective of this “projection” if and when all this production comes on line in the coming years it only maintains current deficits. Deficits! In fact from January to April 2008 in the teeth of Global doom and gloom there were copper production deficits of 47, 66, 44 and 38 K tonnes per month respectively. One of the wisest men in the universe Master Yoda would say, “if consume more than produce you do, than a deficit surely you will have.” Yoda may not be an economist but even he knows that when the supply of a commodity cannot keep up
with demand it makes for stronger, not weaker pricing environments.
(Fig. 2)
The rule of 72 (for those that do not know) calculates the power of compound interest when 72 is divided by a given interest rate. In 2007 the World consumed 18 million tonnes of copper while the current demand growth rate is forecast to be between 5% and 6% (was 4% y o y 1900-2006).
Thus the overall demand for copper should double in 14 or so years. It is rather aggressive to look 14 years in the future however one can figure that in 7 years the World will require an additional 7 million tonnes of copper when demand grows by 5% per annum. This would push demand to 25 million tonnes in 2015 so the question is how much faith do you have in the production “projections” that anyways only keep up with the status quo?
(Fig. 3)
Figure 3 is the official score card called history for those who recognize the power of compound interest. As new mine development was stuck in a black hole this past decade prices started to increase (as Master Yoda would expect.) Who would build a new mine with the lowest inflation adjusted copper prices in 100 years? Who could have obtained the debt facility? While consumption continued warehouse stocks that used to measure as high as 1,000,000 tonnes vanished due to production deficits. Approximately 50% of mined production comes from less than 20 major operations. Opening 1 or 2 major mines every year will not keep up with the power of compound interest even at only 3% demand growth. For the projects scheduled to come into production in the coming years investors should not worry about lower overall copper prices as $1.80 per pound (not the $3 + we continue to experience) is the assumed metal price for most current company valuations. Investing into very strong fundamentals in the companies that
will provide this future metal supply gives incredible leverage in a market that heavily discounts these soon to be producers for many factors. We are fortunate to have over 100 years of supply and demand history that has witnessed many
financial crisis and bleak economic forecasts all the while growing by an average of 4% per annum. Understand that billions of people are becoming consumers and they require energy, comfort and infrastructure. Recognize that going away from fossil fuels will require more from copper and its alloys than any other metal. Know that Global progress and the power of compound interest have always stoked demand and that production is failing to keep up.
Energy, Comfort & Infrastructure = Electricity = COPPER

www.postcourier.com.pg/20080829/news09.htm

THE American held in Bougainville due to his alleged connection with U-Vistract’s Noah Musingku was charged by police and appeared in court yesterday.
The Buka District Court heard that Jonn Green between May 16 and August 23 had engaged himself to work with Noah Musingku, the founder of U-Vistract, by conducting business with the fast money scheme.
He was charged with disobeying regulations on his visitor’s visa under the Immigrations act.
Mr Green pleaded not guilty to the charge saying that he was in Hong Kong on May 16 and not in Tonu at South Bougainville.
He asked through his lawyer Edward Latu to have access to his documents which had been confiscated by police.
Police already had copies of the documents and had no need to keep the original, he told the court.
However the request was refused by Magistrate David Maliku as he stressed that the documents seized by the region’s police were to be presented as exhibits so they could not be returned to the defendant.
Mr Green was allowed out on bail of K500 with a surety of K500 paid by Peter Nerau.
The matter has been adjourned to Monday for trial.

www.stocknessmonster.com/news-item?S=BOC&E=ASX&N=304515

Für den Ausblick ist PWC nicht zuständig und auf die aktuelle Situation braucht in dem Report nicht eingegangen zu werden.

Dass diese Woche ein Meeting zwischen PT,LD u.SP stattfindet um Details zu den reconciliations zu klären interessiert auch nur die Investierten. ;-))))

Auch wenn die offizielle Liste der Präsidentschaftskandidaten noch nicht veröffentlicht ist weiss man jetzt zumindest mal wer NICHT kandidieren will ;-)

www.thenational.com.pg/090208/nation10.php

U-Vistract boss declines by-election bid

By AUGUSTINE KINNA

NOAH Musingku, operator of money scam U-Vistract, has declined from running for the Autonomous Region of Bougainville presidency.
A by-election was prompted by the death of Joseph Kabui.
Mr Musingku, who owes money to Papua New Guineans and other Pacific islanders from his illegal money schemes, raised a few eyebrows when he performed another stunt by declaring that his global sovereignty system was up and running in Tonu.
In a telephone interview, Mr Musingku said U-Vistract was for everybody and its aim was to promote peace and unity between the Meekamui government, the Autonomous Bou-gainville Government (ABG) and the people of Bougainville.
His claim for peace and unity came after he went into hiding with his Fijian bodyguards following a clash between his followers and a group of freedom fighters.
Several deaths were reported.
The Fijians had returned home except for one, Maloney Nomoli, who is now the head of U-Vistract security and is also Mr Musingku’s personal bodyguard.
“The Fijian would not leave Mr Musingku until he is being paid his US$1 million promised to him,” a source said.
Mr Musingku told The National that he was properly set up in Tonu, linked by satellite to many countries, and he would run U-Vistract from there.
But he said he would not contest the by-election.
Meanwhile, three expatriates were recently questioned over their alleged involvement with U-Vistract.
An American citizen was arrested and charged with disobeying an obligation under the law.
John Green appeared briefly before the Buka District Court charged under section 16(1)(a) of the Migration Act.
A decision is expected this week.
Two other Australians were also intercepted by police upon their arrival at the Buka airport.
They told police they were on their way to Tonu to work with U-Vistract.
They were refused entry and had returned to Brisbane, Australia.
One of the Australians claimed that he was on his way to bring his dad, who is in ill-health at Tonu, home to Australia.

         •§Upgrading of all High Schools in the Province
         •§Upgrading of Health facilities in the Districts

        c)§A peace reconciliations ceremony was arranged by the Panguna landowners at the Arawa High School oval in late 1989 to coincide with the acceptance of this peace package offer from the National Government by both the Provincial Government and the landowners and this was attended by Sir Rabbie Namaliu as the Prime Minister of Papua New Guinea plus some of his Ministers, Joseph Kabui as the Premier at that time and some Ministers of the then Provincial Assembly, Paul Quodling representing BCL and both “Old & New” members of Panguna Landowners Association as part of their reconciliations except for Mr Francis Ona who was being hidden by supporters on Bougainville Independence movement coming mainly from Basikang clan. The normal customary reconciliation ceremony of “breaking the Bow & Arrows”, and this was the first one ever of the Bougainville crisis was done by Ms Cecelia Gemel, cousin of Francis Ona, after having searched aimlessly for him for close to two weeks.
        d)§Prior to the above Peace & Reconciliation ceremony a combined negotiation team made up of both old and new landowners took part in a lengthy negotiations with the National Government team specifically appointed to deal with the Peace Package and the PLA team was made up of the following,

         •§Mr Miachael Pariu Upper Tailings/Director-RMTL Chairman
         •§Mr Gregory Kopa Special Mining Lease Member
         •§Mr Andrew Pisi Provincial Government Member
         •§Mr Philip Miriori Special Mining Lease Member
         •§Mr Wendelinus Bitanuma Upper Tailings D/Chairman
         •§Mr Francis Kiniba Lower Tailings Member
         •§Mr Lawrence Daveona Director & Company Secretary-RMTL-Coordinator
         •§Mr Anil Bakaya Consultant for landowners
The negotiation team from the National Government was chaired by Dr Samson Polume and the other members were,
         •§Mr Leo Hannett
         •§Mr Tim Curtin
         •§Mr Paul Bengko
         •§Mr Ellison Towalum
Our discussions were fruitful in that the main issues in the peace package were agreed to and an understanding reached to the effect these but somehow the crisis took another turn and this was that the fight was now for an Independent Bougainville which was not the original aim for the Panguna landowners. Panguna landowners still up to today believe that the customary reconciliation ceremony held at the Arawa High school oval was the end of our fight that Francis Ona started for and on behalf of Panguna landowners and anything after that was not of our doing. I still remember a particular comment that was made at one of our meetings by Mr Tim Curtin who commented and I quote,
”Jesus, you are going to make millionaires on Bougainville”
I replied by saying what is wrong with having black millionaires?
        e)§Since our late President was also involved in the acceptance of the Peace Package offer as a Premier at that time and also a landowner we have taken this peace package offer as the basis over the past 19 or so years and have built and developed it since then to accommodate the changes in the prices of Gold and Copper which have improved over the years due to increased demands from both India and China.  As a result we have come up with the present proposal dated 9th May 2008 and through this proposal which we have decided to pursue through the process of Bougainville Copper Agreement review we believe very strongly that we can achieve what our President had stood for and wanted for the people of the Autonomous Region of Bougainville, i.e. a prosperous future which is very much guaranteed for everyone on Bougainville in a shorter time span than what some ABG Members seem to think that they will be able to achieve by pursuing the arrangement through Bougainville Resources Development Corporation or BRDC. So as a tribute to our late President Panguna Landowners will pursue vigorously this proposal as per the MOU signed by the late President on behalf of the people of Bougainville and the Deputy Prime Minister on behalf of the National Government on the 31st March 2008 for the prosperous future of the people of Bougainville including the landowners both of who have suffered untold sorrow up till now.

        f)§Just two days before the untimely death of our late President, on Thursday 5th June 2008 a combine Panguna Landowners Association representatives met with the Vice President, Hon John Tabinaman MHR with the full blessing of the late President as he was away on a Governor’s conference in Manus. At this meeting our PLA members (some 28 off members) had a lengthy discussions with the vice president after which they presented a signed petition to ABG to endorse the PLA proposal which the landowners hope to take it up with both BCL, National Government and ABG at the time of the Bougainville Copper Agreement Review which was endorsed by the late President in the Joint Supervisory Body MOU, item number 12, under the heading of “Review of Bougainville Copper Agreement & BCL Exploration Licenses”, signed in Alotau on 31st March 2008 by him (President) and the Deputy Prime Minister of Papua New Guinea Hon Dr Puka Temu.

        g)§In our pursued to progress our proposal we are working closely with our member of Central Bougainville Hon Jimmy Miringtoro MP. whom we have tasked to talk with the Prime Minister, the Deputy Prime Minister and Minister for Mining and also ABG and he has informed us that he has already written to the Prime Minister requesting him to speed up the BCA review process. Again our member has also informed us that through his letter to the Prime Minister he has also requested him to have PLA representatives to be attending as observers at all Joint Supervisory Body meetings from now on. We intend to pursue our proposal in honor of our late landowner and President of the Autonomous Region of Bougainville. On this note we also believe that through the BCA review we can also address the K10 Billion issue which we believe can be attained by way of funding some impact projects over a period of time after the review and through the process of the mine coming into profitable operations.

        h)§Briefly our attached BCA review proposal focuses on benefits that were part of the 1989 National Government’s Peace Package offer which include the following,
         •§Share equity offer
         •§Tax sharing offer arrangement (will be subject to the tax sharing arrangements under the Bougainville Peace Agreement)

www.pacificmagazine.net/news

....According to Taylor, discussions and negotiations are currently underway between the Autonomous Bougainville Government and the National Government for BCL to regain access to the mine site.  

Die starke Produktionsausweitung wird durch den hohen Kupferpreis begünstigt. Kupfer ist trotz der jüngsten Korrektur noch immer das Industriemetall, das verglichen mit Anfang 2004 die stärkste Preissteigerung verbucht. Damit ist im Gegensatz zu anderen Industriemetallen die Produktion von Kupfer nach wie vor sehr lukrativ, denn sie liegt weit über den Grenzkosten. Das zeigt beispielsweise die Kostenaufstellung von Codelco. Zwar haben auch hier die höhere Materialkosten, gestiegene Elektrizitätstarife, niedrige Wechselkurse und geringere Erzgehalte zu einem Kostenschub geführt. Doch die direkten Produktionskosten liegen nur bei 1300 USD je Tonne bzw. zuzüglich Abschreibungs-, Finanzierungs- und der übrigen Kosten bei knapp 2400 USD. Zum Vergleich notiert Kupfer aktuell bei 7400 USD je Tonne.

BCL war zu Produktionszeiten eine der am kostengünstigsten produzierenden Minen weltweit,die Kosten dürften also vergleichbar,bzw noch darunter liegen ;-))))

Bei einer Produktion von 180000 T Kupfer fielen zudem noch 444000 Oz Gold u. 1550000 Oz Silber an,zu heutigen Kursen ein Beiprodukt im Wert von rd.375 Mio USD/ Jahr.





Im l

www.thenational.com.pg/090408/nation31.php

By AUGUSTINE KINNA

MEMBERS of the Bougainville Executive Council (BEC) and their administrative officers have been told to pull up their socks and implement decisions passed by the council.
The Autonomous Bougainville Government’s Public Service Minister Ezekiel Massat made the call last Friday at a meeting with the members and divisional heads of the Bougainville administration to discuss ways to implement the council’s decisions.
“I have to say that I am not happy to find out that some ministries and their chief executive officers are just sitting on vital BEC decisions,” Mr Massat said.
He said although the new mining division had good plans to develop mining in the region, the officers were not providing enough information to the BEC for consideration.
Mr Massat said there were also other divisions which refused to carry out what the BEC had approved to develop the region.
“The failure of divisions not implementing BEC’s decisions has affected the people and therefore, the people are now complaining that the service delivery machinery is not doing its job,” he said.
Mr Massat said if the authorities cooperated with the BEC, the service would reach the people.
He said the administration’s lack of progress to build autonomy in Bougainville would undermine all the efforts of the people.
The meeting also afforded an opportunity for department heads to share their problems.
They said some ministers did not listen to their chief executive officers.

Ach ja, als hätten wir es nicht schon des Öfteren an dieser Stelle prophezeit: Die fallenden Rohstoffpreise haben in den letzten Tagen mit dem jahrelang erfolgreichen Hedge-Fonds Ospraie ihr erstes prominentes Opfer gefunden. Der Fond, an dem übrigens auch Lehman Brothers mit 20 % beteiligt ist, muss schließen. Die Verluste belaufen sich dort seit Jahresanfang auf knapp 40 %. Etwas Positives können wir der jüngsten Pleitemeldung jedoch abgewinnen: Sie ist ein erstes Signal für eine Kapitulation am Rohstoffmarkt, die gleichzeitig gern den vorläufigen Tiefpunkt am Rohstoffmarkt markiert.

Ach ja, in dieser nachrichtenarmen Zeit,

was hat denn eigentlich die Rauswurforderung des ESBC-Chefs bezügl. PT erbracht,

die Antwort hätte man doch wohl auch hier posten sollen/können,

oder gab es da etwa keine,

ein Schelm, der da über dein Einfluss der ESBC etwas falsches denke …

vom 26.06.2008

econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/...PK:544849,00.html

zu

www-wds.worldbank.org/external/default/...0Appraisal0Stage.pdf

im Moment jedoch nur für die Mitarbeiter der Weltbank ;-)))))))))))))))))))))))))))))

Im November beginnt die By-election zu Kabuis Nachfolger.Jetzt hat PNG die Finanzierung der Wahlen bereit gestellt.

www.postcourier.com.pg/20080909/tuhome.htm

.....Meanwhile, the National Government has released more than K3 million to conduct the by-election of the presidential seat left vacant by the recent death of President Joseph Kabui.
The money was released last week by the Treasury Department and Bougainville Election officials will be liaising with PNG electoral officials to draw down the funds.

Im Noveber,also bestimmt kurz nach den Wahlen wird BCL seine OoM Studie (Order of Magnitude) sowie die Consulting engineering and project implementation von Hatch vorstellen. www.hatch.ca/

Vom Tief hat BOC in AU schon wieder 16% angezugen auf 1.15 AUD 0,66 € ;-)))))))

www.buyselltips.com/BuySellSignals/com/bst/...rdStockSector.do

09 September, 2008 (16:00:00 AEST)

BOUGAINVILLE COPPER LTD CLIMBS 5.5%, BEATING 93% OF STOCKS September 09, 2008 16:00:00 AEST

Bougainville Copper Ltd (BOC.AU), Australia's 3rd largest Copper company by market capitalisation, climbed 6.0c (or 5.5%) to $1.15. In the Australian market of 1,848 stocks, the stock has a 6-month relative strength of 93 which means it is beating 93% of the market. A price rise combined with a high relative strength is a bullish signal. The stock rose for a second day on Tuesday bringing its two day rise to 16.0c or 16.2%. Compared with the All Ordinaries Index which fell 84.4 points (or 1.6%) on the day, this represented a relative price change of 7.2%.

PRICE VOLUME DYNAMICS
Volatility: The stock traded between an intraday low of $1.10 and four-day high of $1.15.
Moving Average Price (MAP): The price to 200-day MAP ratio is 1.02, a bullish indicator. In the past 200 days this ratio has exceeded 1.02 89 times suggesting further upside. The stock is trading above both its MAPs and the 50-day MAP of $1.13 is higher than the 200-day MAP of $1.13, another bullish indicator.
Relativities: Since open its percentile rank in the Australian market was 91.
Volume and Turnover Period: There were 21,019 shares worth $23,850 traded. The volume was 0.5 times average trading of 43,225 shares.
% Discount to High: The last price is at a discount of 40.7% to the 12-month high of $1.94 eleven months ago on 01 Nov, 2007.
Volume Weighted Price (VWP): The price is equal to its 1-month volume weighted average price of $1.15.
Beta is 1.3.


COPPER, GOLD, SILVER AND PRICE PERFORMANCE RANK IN INDICES AND SECTORS
The stock is in 2 indices, 5 sectors and 3 commodities.

The copper price in US$ per pound was 3.1 or US$6,200 [AUD 7,611] per tonne. It slumped $US0.04 or 1.4% on the day. Trailing one week, it crashed $US0.18 or 5.6%. Trailing one month, it plummeted $US0.33 or 9.5%. Trailing one year, it fell $US0.19 or 5.7%. In the Australian market of 1848 stocks, 53 sectors, 20 indices and 14 commodities, the copper price in AUD has a 6-month relative strength of 49 and a 1-day relative strength of 16. This indicates it has underperformed 51% of the market (rank 695 out of 1367) in the last 6 months and is trailing 84% of the market (rank 1154 out of 1368) in the last 24 hours.

Ich habe in den letzten Wochen nicht mehr so intensiv mitgelesen. Mir ist nur aufgefallen, daß die Abweichung zwischen den Originalen und den ADR praktisch = 0 ist. Im Moment sind die Originale im Bid sogar darunter.

Habe ich irgendwas verpaßt? Bei der gegenwärtigen Situation der Banken in den U.S.A. sollte man doch eigentlich das Gegenteil erwarten?

emittiert sind notiert der ADR in USA ein paar Cent höher als die Aktie.

Paradox,ist aber so ;-))))))))))))))

www.rohstoffe-go.de

Die weltweit grösste Minengesellschaft BHP Billiton rechnet in den kommenden Monaten mit sinkenden Rohstoffpreisen und einer globalen konjunkturellen Abkühlung. In einem Interview von BHP´s CEO Marius Kloppers am gestrigen Montag wurde nochmal betont, das BHP fest entschlossen ist, Rio Tinto zu übernehmen. Die derzeitige Offerte für die feindliche Übernahme der weltweit drittgrössten Minengesellschaft liegt bei derzeit 121,5 Milliarden USD. Angesichts prognostizierter fallender Rohstoffpreise pries Kloppers die Vorzüge einer Übernahme mit geschätzten zu erzielenden Synergieeffekten in Höhe von 3,7 Milliarden USD dezidiert an.


Das Management von Rio Tinto hat sich gegen eine Übernahme ausgesprochen. Rio Tinto hatte im Jahr 2007 die Akquisition des Unternehmens Alcan für 38,1 Milliarden USD durchgeführt. Problematisch für BHP könnten noch die ausstehenden Genehmigungen der europäischen, amerikanischen, südafrikanischen und australischen Kartellbehörden für eine mögliche Übernahme Rio Tintos sein. Die Europäische Union hat bereits "ernsthafte Zweifel" angemeldet.  

Mit der offenen Antwort von Graeme von der WB (letzter Absatz) sollte die Frage nach der Finanzierung der Wiedereröffnung wohl geklärt sein. ;-)))))))))))

www.thenational.com.pg/091008/nation40.php

Bougainville peace talks
THE deputy mayor of Buka town in the Autonomous Region of Bougainville, Anthony Tsora, has called on the Australian and New Zealand embassies to host Bougainville peace seminars in the region rather than in overseas countries. Mr Tsora made the call following the move for a Bougainville peace seminar that will be held in New Zealand this month. A team of Bougainvilleans representing various non-governmental organisation in the region will also attend the peace seminar. The conference is believed to highlight mainly the Bougainville peace process and the experiences.

www.newzealand.embassy.gov.au/wltn/Bougainville.html

www.undervalued-shares.com/de/club/...D9469224B4C9CE25&page=15

Auch wenn's nicht BOC direkt betrifft, aber der folgende Artikel beschreibt sehr schön die (Über-)Bewertung von diversen (Zocker-)Explorationsunternehmen, die oft nur aus Hoffnung besteht. Da Lob ich mir die Unterbewertung von Bougainville Copper, für die es ausführliche Untersuchungen über die Höhe der nachgewiesenen Reserven gibt.

www.handelsblatt.com/finanzen/anlagestrategie/...n-halle-8b;2034843;0

09.09.2008 , 15:15 Uhr

Deutsche Anlegermessen

Revolvermarkt in Halle 8b
von Christian Kirchner und Christian Schnell

Große Fondsgesellschaften sucht man auf der Düsseldorfer Anlegermesse IAM vergeblich. Dafür bot die am vergangenen Wochenende stattfindende IAM, ebenso wie die Stuttgarter Invest, eine Plattform für Zockeraktien. Wie riskante Pennystocks mit prominenter Unterstützung deutsche Anleger erobern.

Besucher betrachten die größte Goldmünze der Welt auf der IAM in Düsseldorf. Große Fondsgesellschaften sucht man hingegen vergeblich.

DÜSSELDORF. Rohdiamanten - bitte mitnehmen! In einem Glas offeriert das Landeskriminalamt Nordrhein-Westfalen weißen und braunen Zuckerguss, der Edelsteinen verblüffend ähnlich sieht. Doch wenige Schritte weiter reden krawattierte PR-Experten und Hostessen in Kostümen von echten Diamanten, die sie in Liberia fördern wollen - und von Öl in der Mongolei, Uran in Namibia, Öl in Jemen, Molybdän in Kanada, Zucker in Peru und Gold in Guyana.

Die Düsseldorfer Anlegermesse IAM, die an diesem Wochenende für drei Tage ihre Tore geöffnet hatte, bietet das, was auch die Stuttgarter Invest bieten muss, um im Geschäft zu bleiben: Eine Plattform für Zockeraktien. Große Fondsgesellschaften sucht man auf der IAM vergeblich. Statt Deka, DWS, Templeton präsentieren sich unter den 170 Ausstellern in Halle 8b auf der IAM auch Unternehmen wie Energymixx, Uranium 308, www.rohstoffraketen.de oder African Queen im "Themenpark Rohstoffe".

Die meisten der knapp 40 Unternehmen dieses Themenparks - Ausstellerjargon: "Der Minenstrich" - haben eine Menge Gemeinsamkeiten: Sie sind Pennystocks mit einem Börsenkurs von unter einem Euro, haben noch nie eine Unze aus dem Boden geholt und erwirtschaften hohe Verluste, weil viel Geld für die Fixgehälter des Managements sowie Investor-Relations-Aktivitäten wie eben den Messen in Deutschland drauf geht.

Das Geld ist gut angelegt. Hier erzählen inzwischen auch Anlageberater in der Provinz vom Superzyklus der Rohstoffe. Den gibt es vielleicht wirklich. Doch hier hat es sich im Gegensatz zu den USA noch nicht herumgesprochen, wie das Spiel mit den Pennystocks meist läuft: Vorstände kassieren üppige Bezüge, Altaktionäre wollen möglichst teuer Kasse machen. Ist das Geld aus, werden einfach aberwitzige Investmentideen erfunden und neue Aktien ausgegeben.

Um das Ganze auf der dazugehörigen Extra-Bühne auch volkstümlich zu verkaufen, haben sie einen engagiert, der auf vielen anderen Bühnen wegen seines chronisch überbordenden Optimismus und seiner flachen Börsenweisheiten schon längst keinen Platz mehr hat: Heiko Thieme. Sich selbst nennt er auf seiner Internetseite "international anerkannter Anlagestratege", seit 1972 im Börsengeschäft. Das "Manager Magazin" nannte ihn 2002 "einen der größten Geldvernichter der Fondsindustrie", das Wirtschaftsmagazin Capital 2006 einen "Schaumschläger".

Samstag Nachmittag, viertel nach Vier. Ganze 14 Besucher lümmeln sich in den Sitzreihen zur Podiumsdiskussion. Oben sitzen der Investor-Relations-Manager von IMA Exploration aus dem kanadischen Vancouver sowie der Vorstand von Silver Capital aus dem mittelhessischen Butzbach.

Doch sie sind nur Statisten im Hintergrund während des Auftritt Thiemes, der nach einer Viertelstunde mit Allgemeinplätzen zur Sache kommt: Für 500 Dollar pro Unze könne die IMA Exploration Gold aus dem Boden fördern, zieht Thieme dem IMA-Manager aus der Nase.

Thieme rechnet vor: Bei 700 Dollar Goldpreis macht das 200 Dollar Gewinn je Unze, bei 2,5 Millionen Unzen Reserven macht das 500 Millionen Dollar Vermögen im Boden oder zehn Dollar je Aktien für ein Unternehmen, das an der Börse zu 27 Cents gehandelt wird. "So einfach kann man Analyse betreiben!" ruft Thieme im Stile eines Mietmauls der Rohstoffunternehmen. Und weiter: "Bargeld wird zum halben Preis gehandelt" oder "Das wäre auch für Sie sinnvoll!". IMA-Vertreter Keir Reynolds rutscht auf der Bühne peinlich berührt hin und her. Gerade mal ein Monat ist er bei IMA Exploration angestellt, einem Unternehmen, das seit Jahren operativ nur Miese macht, außer heißer Luft nichts fördert und noch vor drei Jahren Silberprojekte in Argentinien verfolgte.

Sonntagmittag, neuer Messetag, neues Publikum. Diesmal steht im Themenpark keine Diskussion an, sondern eine Präsentation. "Heiko Thieme stellt Unternehmen aus dem Bereich Exploration und Produktion vor". Neues Programm, gleicher Ablauf. Auf der Bühne sitzt erneut Keir Reynolds von IMA Exploration. Jetzt geht Thieme gleich in die Vollen: "Alle hier auf der Messe wollen Ihnen etwas verkaufen. Ich will Ihnen auch etwas verkaufen, nämlich Realität". Und die sieht aus wie schon Tags zuvor: 700 Dollar Goldpreis, 500 Dollar Förderkosten, macht bei 2,5 Millionen Unzen Gold für 500 Millionen. Und so fort. Immerhin: Thieme warnt, nicht mehr als zehn Prozent des Depots in riskante Rohstoffaktien zu stecken.

Von der Realität im Bergbau weiß hier dennoch kaum einer etwas. Bis auf zwei Herren Anfang 50, die sich alles sichtbar amüsiert anhören. Im Gegensatz zu den Marketing-Experten haben sie selbst schon unter Tage gearbeitet, sind in die Zechen eingefahren und eher zufällig in den Themenpark gestolpert. "Da wird Bezug genommen auf Oberflächentests oder ein oder zwei Bohrproben mit Goldfunden. Tatsächlich benötigt man hunderte Probebohrungen, bis man zu einer seriösen Schätzung über Lagerstätten und der Planung der Förderung übergehen kann. Das dauert Jahre und kostet oft einen dreistelligen Millionenbetrag", sagt Franz-Michael Roth, der Gutachten über Lagerstätten verfasst. Über die windigen Rechnungen über vermutete Reserven schütteln er und sein Begleiter, ein Mitarbeiter der Ruhrkohle AG, nur den Kopf. "Unsolide ist das." Vielversprechende Lagerstätten ließen sich "auch vorwärts verkaufen, da brauche es keine Privatanleger."

Auch Michael Brack vom Landeskriminalamt NRW beobachtet das Treiben. Einschreiten darf er nicht. Erst wenn eine Anzeige wegen Kursmanipulation oder ähnlicher Delikte vorliegt, darf seine Behörde tätig werden. Mindestens eine die Woche gehe derzeit ein, erzählt er, die Zahl steige seit etwa 2005 ständig an. In die Unternehmen vom Rohstoffmarkt haben sich die Spezialisten schon mal prophylaktisch eingearbeitet. Viele stammen aus Kanada und dem dortigen Segment für aufstrebende Unternehmen (www.cnq.ca) - in Börsenkreisen "Revolvermarkt" genannt.

Es sind aber nicht nur die Mini-Unternehmen mit angeblich riesigen Kurschancen, die die LKA-Beamten interessieren. Sie fahnden auch nach deutschen "Pushern", die gegen Bezahlung die Kurse treiben. Viele von ihnen haben ihr Medium gewechselt, sind von den vor kurzem noch beliebten Mails oder Internetforen zurück zum Telefon. "Ich will Ihnen nichts verkaufen, habe aber einen Aktientipp" heißt es dann. Beißt nur einer von Tausend an, hat sich das Spiel schon gelohnt.

So wie der Messebesuch für die IMA Exploration. Am Montag gehen gleich zur Börseneröffnung 9 000 Aktien von ihr über den Tisch und sorgen für ein Plus von fünf Prozent. Die nächsten Flüge der Pennystock-Experten dürften schon gebucht sein. Anfang November gibt es auf dem Eigenkapitalforum der Deutschen

www.undervalued-shares.com/de/club/...224B4C9CE25&page=15Ú

One truck load of people from Maluoku in Buin Baubake Constituency have arrived at 8am  to make Peace and Reconciliation between the Maluoku people and the people of Siai near Arawa over the shooting of the late Pookey whose mother is from Buin and Father from Siai Village Nasioi.
Father Pisi is now celebrating the Mass at Siai right now and after the Mass they will have disscussions and then go to Piruana for the Ceremony to take place.
It took us quite a long time negotiation on how we can carry out this. At last we have achieved what we have been negotiating.
The three guys who shot and killed my nephew took ownership of the incident and they admitted that they were traumatically affected and never had a peace of mind.
So I congratulate both sides, especially Mr Thomas Koronaru one of my school mate who had signed the letter for the killing and the other commanders. I was handed the letter while I was at the Malapita Camp for the confirmation! that it was an order from the top based on suspect.
so Today is a historical moment for the Buin people and the Kieta people. My encouragement all along the way was that to lead and show that we can do it through the trust and believe guidence by our creator, Nothing is impossible if we put trust in God.
I also congratulate Mr Nera the Chief of Siai village who put all his time and efforts in convincing the three youths with the commanders.
I also than all you  the forum members for the many informations about the peace and reconciliation that I used to help us in our discussion with both The kietas and buins.
All of you contributed alot to me in achieving what we are doing today at this moment.
We applied for the K1,000,000 peace money and nothing happend. They overlooked our application and paid some individuals .
I checked it out and they told me the forms are still sitting in the ABG office with Mr Kuiai. He should have given to George Manu.
I! don't believe in the so call peace and reconciliation allocation.
We are spending our own money to do this.

Regards,