Penny Mining Stock: Alexis Minerals


I haven't traded very much this year, what with having started writing on this blog and other commitments in real life.  I was much more active last year, but I had more time to devote to researching stocks. Alexis Minerals was my last purchase, 4000 shares at $0.133.  Factor in Scottrade's commission, and the all-in cost was $541.66.   In selecting Alexis, I used much of the advice dispensed by Fred Carach in his book "40 Years a Speculator", which I reviewed a couple of posts back. First, get a subscription to Northern Miner magazine, which I did last year.  Second, consider that junior mining companies can sometimes be considered as real estate holding companies in drag.  Look at their holdings, and see who their neighbors are.  … [Read more...]

Airline Experiences

Just got back from a fast trip to Malaysia.  I sometimes take notes in a travel journal. I noted again on the the state of air travel, and how unpleasant it's become. Particularly so, if you happen to travel on US Airlines.  This time, it was United Airlines for the long haul from Chicago to Hong Kong on the way over, and Shanghai to Chigago on the way back. I am struck at the low quality of service in the economy class. I haven't traveled business in some years, as the company I work for has an all-economy policy for everyone (fine by me).   Economy service at American or United or Continental or any other major US airline verges from tolerable to deplorable, and compares rather badly to the type of fine service offered by other … [Read more...]

More Non-Productivity from ForeclosureGate

From the New York Times: Foreclosure Mess Draws in the Lawyers Who Handled Them Lawyers retaining lawyers + court time +  legal battles = less productivity.   While German and Chinese and Indian companies invest in productive factories, Americans invest their time in discovery and court proceedings.   And pundits agonize and speculate over the US trade deficit.  Duh! … [Read more...]

Penny Stock Guru-ism

"Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it." Will Rogers It occurred to me the other day, browsing through a random link promising untold riches, glamour and restoration of thinning hair by investing in a few penny stocks, that I could be a penny stock guru too. Here are the incredible gains touted by a random site: Recent Penny Stock Alerts EASSO up 700% NEXTM up 84% in 1 days!! VRDOM up 133% ACITC up 128% RMBDS up 266% SOPSN up 179% in 1 day!! Wow, sounds amazing.  Can't wait to sign up and make the big bucks!  (read more....) … [Read more...]

Great Podcast #700 on Food Chain Radio

One of my favorite podcasts is Food Chain Radio.  Host Michael Olson is on his 700th podcast, and for this one, he's the interviewee for a change. Show #700: FROM FOOD TO FREEDOM - 09-10-2010 (19.52 MB) Listen Now buy cd version Guests: Michael Olson, Author, MetroFarm, Host, Food Chain Radio Subject: Every once in awhile, like when you get to be 700, you should celebrate by doing something special. And so… The secret to economic viability is simple: Become a producer in a nation of consumers! And what could all those consumers want more than fresh, whole food? This chain of thought leads us to ask… Can we eat our way to economic security and personal freedom? Topics include the emerging conflict between industrial and local foods; … [Read more...]

Garage Sale Swag


Here's one for the missus.  She'd been thinking about a patio wicker set for some time.  New ones at Lowe's, Ace and Home Depot are exorbitantly priced (at least to me), even accounting for end-of-season sales.  Used ones on Craiglist start from $100 for a similar combination of settee, chair and table. This one was priced right at $10 (to start).  It wasn't even early on a Saturday, about 9:00 a.m. or so.  Didn't even have to strain the haggling muscles too hard to get the price down to $7.00.  These folks really wanted to clear stuff out, I guess. This set is in reasonably good condition, with some unraveling only at a couple of legs (easily fixed).   We'll have to give the set a fresh coat of paint, but with both primer and … [Read more...]

Random House and Garden Tips

Here's a few good things to remember: (1)  Bad idea to put eggshells down the food disposal, according to our $102-per-visit plumber.  The crushed-up shells are "sticky" enough to gum up the works and require a visit from Plumber Joe. (2) Got an old piece of furniture and needs rejuvenating?  Try a 50/50 mix of liquid WD-40 and Minwax, in an old spray bottle.  Spray it on, wipe it off with a soft old rag, and you'll be amazed at the results. (3)  Use cardboard instead of landscape cloth in your flower or vegetable beds.  Large sheets of cardboard are usually free for the asking at big stores like Lowe's or Home Depot.  A double layer of cardboard under a 2-3" layer of mulch will keep weeds down, and will eventually decompose, … [Read more...]

Investing in Silver – 2009 Flashback

Here's what Bloomberg TV was reporting on silver in March of 2009 Latest silver spot price:  $24.32 / oz. While the mainstream press is afire with gold buzz, silver is quietly plodding along.   I've been buying silver, off and on, for the past 20 years or so.   In the last couple years I've become a fan of buying small quantities of silver on Ebay, from a few favorite sellers.   Ten- and one-ounce bars, silver rounds, pre-1964 "junk" silver.   Not necessarily to resell at some future point (although we might, depending on circumstances) but to just to hold as a part of diversified  portfolio. Physically  held silver we could consider to be an investment.  Silver mining stocks, on the other hand, could either be investments … [Read more...]

ForeclosureGate Roundup

    This latest real estate foreclosure mess seems to be getting uglier and uglier. A smattering of news and posts on the subject: An article by Charles Hugh Smith on AOL Daily Finance:   The Foreclosure Crisis: Eroding Trust -- and Ending the Recovery? Huffington Post writes on how untrained folks were hired to process foreclosures in Banks' Foreclosure "Robo-Signers" Were Hair Stylists, Teens, Walmart Workers: Lawsuit Gonzalo Lira's blog has a very succinct take on the whole mess, in The Second Leg Down of America's Death Spiral.   Happy title, yes?  (Warning: strong language) From  Legal Heat On Robo-Signing Stokes Foreclosure Fiasco "..... Attorneys General from all 50 states have … [Read more...]

How to Compost with Red Wriggler Worms

Worm composting, or vermicomposting, is something I've taken up only recently. During winter months, disposing of kitchen waste in an outdoor compost pile is more of a challenge, as the temperatures are too low to allow high enough temperatures to develop inside the compost pile.   As a result, kitchen scraps are not processed efficiently. Enter vermicomposting. I've known about this form of composting for a while, but in a sort of back-of-my-mind way. Then, sometime earlier this year, I happened to stumble on the excellent  Agroinnovations podcast.  Read More.... … [Read more...]