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Zimtu Capital Corp.

Suite 1450 - 789 West Pender St.
Vancouver, BC V6C 1H2
Phone: 604.681.1568
Fax: 604.681.8240
Toll Free: 1.877.377.6222

Posts Tagged ‘Ryan Fletcher’

Zimtu Research by Derek Hamill: Update on TSX Venture Exchange and the Role of Project Generators

Monday, May 5th, 2014

Zimtu Capital Corp. head of research Derek Hamill, MFA MPA recently released an 8 page update report examining the performance and outlook for the TSX Venture, and the role of project generators in the low probability exploration industry.

The report provides a review of Canadian mining and oil & gas sectors, projections for the TSX-V composite index, and explains the value of project generators. The group includes:

  • Altuis Minerals (TSX: ALS)
  • Virginia Mines (TSX: VGQ)
  • Reservoir Minerals (TSXv: RMC)
  • Almaden Minerals (TSX: AMM)
  • Eurasian Minerals (TSXv: EMX)
  • Strategic Metals (TSXv: SMD)
  • Riverside Resources (TSXv: RRI)
  • Avrupa Minerals (TSXv: AVU)
  • 49 North Resources (TSXv: FNR)
  • Zimtu Capital (TSXv: ZC)

The report is linked below:

Zimtu-TSX-V-2-1 blog

Download the 8-page research and opinion report.

We look forward to additional research and reports from Mr. Hamill on a variety of commodities and subjects.

Sincerely,

ryan blog photo

 

 

 

 

Ryan Fletcher

Director, Corporate Development
Zimtu Capital Corp.
Suite 1450 – 789 W Pender St.
Vancouver, BC
V6C 1H2
Tel: 604.681.1568
http://www.zimtu.com

Uranium in the Media Spotlight

Tuesday, November 12th, 2013

Lakeland Resources Inc (TSXv: LK), a core holding of Zimtu Capital Corp (TSXv: ZC), was mentioned in a radio interview with Jeb Handwerger by Palisade Capital. Click on the thumbnail below to listen.

Jeb Handwerger, Uranium

Market Commentary: The end of the TSX Venture BEAR market?

Monday, January 14th, 2013

Sunday January 13, 2013

By Ryan Fletcher

Director, Zimtu Capital Corp.

For the past year there has been no shortage of bad news in the media – from the European sovereign debt crisis, to a potential Chinese economic hard landing to the U.S. fiscal cliff (and even the potential for the end of the world with the Mayan apocalypse). Naturally, people tend to pay more attention to bad news and we perceive negative news as more important or profound than good. While there may be some credence to some of the negativity over the past year, it may be a surprise to some that global equity markets were surprising strong in 2012.

Equity markets around the globe rallied in 2012, with some of the strongest returns coming from markets in Europe; markets that were supposedly in the heart of the storm. In Germany, for example, the DAX Index returned an impressive 29.1% on the year, which was supported by mostly double digit gains across the rest of the Europe. The strongest returns in Europe, however, came from the most unlikely of places – Greece, with the ATHEX index leading Europe and jumping 33%.

It was not Europe alone that rallied. Around the globe, counter to what all of the negative media would suggest, markets rallied. In Japan, the Nikkei jumped 22.9%; in India, the BSE Sensex 30 Index popped 25.7%; and in the U.S. the Dow Jones advanced 7.3% and the Nasdaq added 15.9%.

TABLE: 2012 MARKET RETURNS

YTD 1 Mnth 3 Mnth 6 Mnth 1 Yr
North American Indices  
S&P/TSX Composite Index 4.0% 1.6% 0.9% 7.2% 4.0%
S&P/TSX Venture Composite Index -17.7% 0.0% -8.5% 2.5% -17.7%
S&P 500 Index 13.4% 0.7% -1.0% 4.7% 13.4%
Dow Jones Industrial Average 7.3% 60.0% -2.5% 1.7% 7.3%
Nasdaq Composite Index 15.9% 0.3% -3.1% 2.9% 15.9%
 
European Indices  
FTSE 100 (UK) 5.8% 0.5% 2.7% 5.9% 5.8%
CAC 40 Index (France) 15.2% 2.4% 8.5% 13.9% 15.2%
DAX Index (Germany) 29.1% 2.8% 5.5% 18.6% 29.1%
 
Asian Indices  
Nikkei 225 Index (Japan) 22.9% 10.0% 17.2% 15.4% 22.9%
Hang Seng Index (Hong Kong) 22.9% 2.8% 8.7% 16.5% 22.9%
Shanghai SE Composite Index (China) 3.2% 14.6% 8.8% 2.0% 3.2%
BSE Sensex 30 Index (India) 25.7% 0.4% 3.5% 11.5% 25.7%
S&P/ASX 200 Index (Australia) 14.6% 3.2% 6.0% 13.5% 14.6%

As at December 31, 2012 – Price Returns in Local Currency

Despite the wall of worry, commodities also fared quite well with gold up 7.1% over the year, silver increasing 9.0% and copper up 4.2%; with big percentage gains also seen in zinc, natural gas and agricultural commodities such as wheat and soybeans.

TABLE: 2012 RETURNS – COMMODITIES

As at
31-Dec-12
YTD 1 Mnth 3 Mnth 6 Mnth 1 Yr
Energy   
Crude Oil – WTI
Spot (US$/barrel)
$91.82 -7.1% 3.3% -0.4% 8.1% -7.1%
Crude Oil – Brent
Spot (US$/barrel)
$111.94 4.1% -0.1% -1.2% 15.4% 4.1%
Natural Gas –
Henry Hub Spot
(US$/MMBtu)
$3.44 15.4% -0.6% 12.4% 25.5% 15.4%
  
Precious Metals   
Gold Spot (US$/oz) $1,675.35 7.1% -2.3% -5.5% 4.9% 7.1%
Silver Spot (US$/oz) $30.35 9.0% -9.2% -12.0% 10.4% 9.0%
  
Base Metals   
Copper – LME
Spot (US$/lbs)
$3.59 4.2% -0.9% -3.7% 2.8% 4.2%
Nickel – LME
Spot (US$/lbs)
$7.71 -9.2% -3.4% -7.7% 1.8% -9.2%
Zinc – LME
Spot (US$/lbs)
$0.93 12.2% 1.0% -0.7% 9.0% 12.2%
  
Agriculture   
Corn – 1 Month
Futures
$6.98 8.0% -6.7% -7.7% 3.8% 8.0%
Wheat – 1 Month
Futures
$7.78 19.2% -7.9% -13.8% 5.3% 19.2%
Soybeans – 1
Month Futures
$14.19 18.4% -1.4% -11.4% -6.2% 18.4%

As at December 31, 2012 – Returns in US Dollars

With global equity markets booming and some commodity prices still on the rise one could have expected that the TSX Venture would have had a decent year. The exact opposite, however, was the case as fear and uncertainty gripped the market and capital fled the higher risk small cap sector. The S&P/TSX Venture Composite Index posted a decline of 17.7% on the year and many companies struggled to raise capital to continue their exploration programs or were forced to complete excessively dilutive financings.

Success in investing on the TSX Venture requires a unique combination of hard work, experience, smarts, timing and the ability to work contra the herd. As investors, typically we pay more attention to, and give more credence to bad news, perhaps because we’re wired that way.

2012 was not a bad year for global equities. This may be a surprise to some, given the barrage of bad news we have been fed over the last year. Small cap markets typically follow the large and mid-cap markets and the performance of the major global large cap indices in 2012 is positive moving forward for the small caps. There are many companies on the TSX Venture that are trading at levels not seen since the height of the fear and panic of the 2008 financial crisis. Those willing to walk contra the herd may see the opportunity.

Ryan Fletcher
Director
Zimtu Capital Corp.
Suite 1450 – 789 W Pender St .
Vancouver , BC V6C 1H2
Tel: 604.681.1568
TF: 1.877.377.6222
Cell: 604.999.5603
Fax: 604.681.8240
http://www.zimtu.com


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