Cqs Natural Resources Gr... Share Discussion Threads

[jonnyboy1] 08/9/2009 11:10

well the warrants are flying and i will be exercising those next month

[washbrook] 04/9/2009 09:28

The 2 day rally in Gold is = to 1400 on the Dow Jones index, source:-( interesting report from SCHIFF Thursday 3.9.09)
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UPDATED 2.9.09:-

[jonnyboy1] 03/9/2009 16:48

its nice that its been lonely here on these threads, much like nce. Strangely when its get busy i will probably move on.

[washbrook] 03/9/2009 16:13

Is gold going to break $1000?

[washbrook] 03/9/2009 13:28

Just been to the beach with Harvey our dog at Formby listening to audio book Atlas Shrugged-Ayn Rand
lasts for 57 hours-What a book.
Returned just now up 7.5p on Money am.
All buys on the London Stock Exchange market not much on PLUS MARKET


I have given up trying to buy warrants with my broker on line.
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[jonnyboy1] 03/9/2009 12:34

yeah washbrook CYN dirt cheap and the warrants more so. I have loads of em and tried many times to buy this morning but could'nt get any for less than 10% about quote price.

CYN will fly this month closing on a rising NAV

[washbrook] 02/9/2009 16:47

UPDATED TO 28.8.09.

Looking at the Goldprice at the moment 16.45hours at $945:-
CYN shareprice is undervalued.

[washbrook] 28/8/2009 14:10

UPDATED SP&NAV for 26.8.09:-

[washbrook] 27/8/2009 08:45

A report:-
It would be interesting to know the value of gold reserves in each of the top holdings % in CYN versus their capitalisation.

[washbrook] 22/8/2009 07:35

For those who are interested in UK trades( cyn) not shown on advfn ie London stock market-link as follows.

[washbrook] 21/8/2009 12:16

UPDATED 19.8.09:-

[washbrook] 18/8/2009 17:13

UPDATED 14.8.09:-

[washbrook] 18/8/2009 12:35

UPDATED for 31.7.2009




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July was a great month for the Trust with both the asset value and share price reaching respective highs for the year. On top of that, the dividend for the year to 30th June 2009 was increased by 16%. Just about every sector improved during the month however base metals took pride of place. It would appear that the Chinese economy remains in buoyant condition and, in spite of warehouse inventories showing no discernable change, the prices of copper and nickel continue to improve virtually daily. The price of nickel was further assisted by a strike at the Sudbury mine now owned by Valé. We are well represented in this metal through the Trust's holdings of Independence Group NL equity and Western Areas NL convertibles. In terms of share performance, once again it was Extract Resources Limited and Kalahari Minerals Plc which led the way. The latest report from the Rossing South project indicated a resource of 267 million pounds of U3O8 but bearing in mind that the deposit is open to the North, South, East and West and the depth, it is not surprising that at least half a dozen analysts have published strong buy recommendations. The one fractionally disappointing area has been gold shares. This is probably a reflection that although the current gold price is around US $970 per ounce, its upward performance appears to only reflect the continued weakness in the US dollar. Nevertheless, in view of the continued anxiety consistently expressed about the US dollar, the Trust remains firmly committed to an overweight position in gold shares. Finally, we are pleased to announce that in the August Winterfloods Investment Trust analysis, out of all UK quoted investment trusts, City Natural Resources High Yield Trust was third best by asset value and eighth best by share performance
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TOP 20 HOLDINGS
Gross Assets
(%)
1. Extract Resources 6.9
2. Kalahari Minerals 5.8
3. Goldcorp 4.9
4. REA Ordinary and 9.5% Pref 3.3
5. Kiwara 2.7
6. New Britain Palm Oil 2.6
7. Nido Petroleum 2.3
8. FMG Finance 9.75% 2013 2.2
9. Randgold Resources 1.8
10. Nufcor Uranium 1.6
Top 10 holdings represent 34.1%
11. First Australian Resources 1.6
12. Pike River Coal 1.5
13. Kairiki Energy 1.3
14. Horizon Oil 1.3
15. New Gold Inc 1.3
16. AMI 2013 10% Cv 1.3
17. Lihir Gold 1.2
18. Anglo-Eastern Plantations 1.2
19. Blue Energy 10% Cv 2010 1.2
20. Mano River 9% 2010 1.2
Top 20 holdings represent 47.2%

The Trust has 196 holdings

[washbrook] 14/8/2009 12:46

NAV updated to 12.8.09:-

[washbrook] 13/8/2009 11:57

GOLD IS HAVING A GOOD DAY:-
♠
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Update @13.24hours-78.36
US $ index is falling may test August 1st2009 today.

[washbrook] 07/8/2009 14:35

They have now put the correct date-close of business 5.8.09
update for 5.8.09:-

[davebowler] 07/8/2009 11:40

How about CED and CED2 ?

[washbrook] 06/8/2009 10:12

I remember years ago when inflation was over 10%.
The Investors Chronicle adjusted the FTSE 30 index to inflation.
I have compiled a table from the last Friday in March 1986.
I have records in a red book I have kept I put each close of Friday's close each week.
This was before computers so therefore I could not get the end of the year figures.
Notice the figure for 28.3.1986 is 3681.
Inflaton which is a tax certainly errodes your invested money.

[washbrook] 05/8/2009 10:19

City Natural Resources High Yield Trust Warrants versus Ordinary
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[washbrook] 04/8/2009 17:38

Second largest holding in cyn at 4.9% at the end of June 2009 KALAHARI MINERALS up 284.09% in 2009.
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[washbrook] 04/8/2009 17:12

ex-dividend date of 5 August 2009.
Fourth interim dividend of 1.42p (2008: 1.00p) declared ( increased by 42%)
Payable 28.8.09

[washbrook] 04/8/2009 14:35

UPDATED 31.7.09:-

[ppowerscourt] 03/8/2009 16:27

I'm so glad I bought in!

[ppowerscourt] 03/8/2009 11:22

Many thanks. The weekly spreadsheet update is much appreciated.