SOURCE: Maybach Financial Group
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October 24, 2007 12:31 ET
Progressive Focus on Knight Resources Ltd., VMS Ventures Inc., and Novawest Resources Inc.
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Maybach.
GRANDE BAY, MAURITIUS--(Marketwire - October 24, 2007) - Comments made in this release are
those of Maybach Financial Group and any questions or comments should be
directed to the contact information located at the bottom of this release.
Maybach Financial Group is a syndicate of financial analysts, with a core
group representing over 250 years of total investing experience. Our focus
is to give investors the financial advantage necessary to sustain profit
all markets. This week, to gauge the outcome of the markets, we are
focusing on Knight Resources Ltd. (TSX-V: KNP), VMS Ventures Inc. (TSX-V: VMS), and Novawest Resources Inc. (TSX-V: NVE). For the full report, visit
http://www.maybachfinancial.com/register.php
The Maybach Financial Group (www.maybachfinancial.com) will be researching
the above-mentioned companies to determine their chances of a turnaround
opportunity for investors. Visit
http://www.maybachfinancial.com/register.php for a complimentary
subscription to the Maybach service and receive at no cost our "Special
Report#1: The Pick of the Decade" plus a second free report "Special Report
#2: Hearing is Believing." No credit card or payment information is
required.
Oil prices rallied Wednesday after a government report showed an unexpected
drop in inventories.
The Energy Information Administration said crude stocks plunged by 5.3
million barrels last week, despite previous reports from analysts looking
for an increase of 300,000 barrels, according to a Dow Jones poll.
The dollar rallied from a record low against the euro Monday but the
declines in gold and other commodities were short-lived as U.S. gold
futures rebounded early on Tuesday, after the previous session's solid
losses, as a sharply weaker dollar prompted bargain hunting among bullion.
Still, many analysts expect the declines to be temporary, and believe oil
futures will continue their assault on price records in the days ahead.
The jump in oil prices has been fuelled by unprecedented weakness in the
dollar, which hit a record low against the euro on Friday, a factor that
has supported all dollar-denominated commodities.
Since oil is priced in dollars, a declining greenback makes oil less
expensive for consumers outside the United States, encouraging more
consumption.
However, oil producing nations have less incentive to ramp up output if the
buying power they receive per barrel is declining, and foreign consumers
have less incentive to reduce demand if oil is, relatively, getting cheaper
for them.
The rise in oil prices most often have a strong effect on oil and gas
companies, but slam the other sectors.
The commodity markets have been scaling new highs, but closer inspection
reveals some are well below recent peaks with an outlook that is not so
bright.
Many analysts are saying that investors should weigh their choices
carefully to avoid markets that have risen too far too fast or those where
the supply/demand fundamentals have deteriorated.
It is true commodities as a whole have performed well. The
Reuters/Jefferies CRB Index, which index includes oil, gas, precious and
base metals, wheat and soft commodities, hit a 14-month high this month at
342.62 from around 290 in January. However, many investors may be
overlooking the fact that the bull is slowing down and may have a dramatic
pullback in the short-term.
If you are a commodities-based investor, it's time to take a step back and
make sure to expect the unexpected.
For investors of Knight Resources Ltd. (TSX-V: KNP), the commodity worries
did not affect investors one bit as share value hit a day-high of $0.59, up
over 38% in early morning trades. For a limited time only, gain access to
Maybach to keep updated and receive our reports free of charge with no
credit card or payment information required. Visit
http://www.maybachfinancial.com/register.php for your free subscription.
VMS Ventures Inc. (TSX-V: VMS) rose to a day-high of $1.45 on over 1.5
million shares in early morning trades. Investors involved with this
company prior to September having made profits of over 400% in less than
two months. Many are questioning if and when a pullback will occur, yet the
strength of early morning trades show support.
Novawest Resources Inc. (TSX-V: NVE) rose to a day-high of $0.215, up over
10% in early morning trades. It appears investors are taking positively
their announcement yesterday that the Company has staked 57 very important
mineral claims located approximately 70 kms east-southeast of Chibougamau,
Quebec. A number of the staked claims cover the Lac Dore Vanadium-Titanium
(Fe-Ti) Deposit, the second largest vanadium deposit in the world, reported
to contain approximately 2.27 million metric tons (MT) (5 billion pounds)
of reserves (based on historical figures and pre NI 43-101 in nature).
Visit http://www.maybachfinancial.com/register.php to keep updated and
receive a complimentary subscription plus two bonus reports.
After witnessing the recent plunge in the markets influenced by the
resource sector, the falling housing slump and employment issues, smart
investors and hedge funds are shifting interests into other sectors.
The markets are changing and investors are scared. The Bull Run that we
have been use to over the past four years is starting to become more like a
stampede in the other direction.
Stock markets are normally volatile, but investors have enjoyed a four-year
run of below normal volatility and steady upward movement. Ups and downs,
yes. But the Bull Run has been great over the past three to four years and
has not ended as abruptly as many have predicted.
But while the end of the Bull Run has been predicted for more than a year,
long-term investors shouldn't be worried. Of course, only if you know what
you are doing.
First off, don't throw all your eggs into one basket.
Secondly, and most importantly, pick winners that last.
And pick winners that have little effect against the daily ups and downs of
the economy. Visit http://www.maybachfinancial.com/register.php to sign up
free to receive your Special Report #1 for information on how to combat the
markets or visit www.maybachfinancial.com for your free subscription and
BONUS reports.
We've seen oil markets spike, we've seen oil markets fall. We've seen wars,
we've seen terrorist attacks. Chances are that the events that occur have a
short term impact when you consider the overall factors of a 5-year
forecast.
Most investors -- and unfortunately far too many brokers -- go on a buying
spree the minute a rally starts in a particular sector. Correspondingly,
they panic at the first sign of a downturn and tend to sell off some great
stocks -- right before the dead cat bounces.
But Maybach isn't about day-trading and making money fast. It's about being
patient and learning the secret of how to get rich slowly. Visit
http://www.maybachfinancial.com/register.php to See Special Report #1: The
Pick of the Decade -- free when you sign up! or visit
www.maybachfinancial.com for your free subscription and BONUS reports.
It's also about adding stocks to your portfolio that have little or no
effect against the state of the economy.
It's about technology
The world as we know it has changed. Gone are the days of tradition and old
school values. Thanks to technology, people no longer communicate via a
simple phone call or meet their life partners in social settings. Take a
look at some of the most recent headlines.
Technology has been the only sector continuing its steady climb and
relatively unaffected by economic pressures.
Social networking and user-generated content has taken over the world. And
big shot web start-ups have become multi-billion dollar profits for their
creators and shareholders.
We all know that the tech boom is back and back with a vengeance with Web
2.0 start ups leading the way.
The big boys are snapping up the little ones much like Microsoft did in
their early Windows days. The next few years are going to be intense and
believe us when we say that, "the tech boom is back and bigger than EVER!"
Visit http://www.maybachfinancial.com/register.php to receive our Special
Report #1 with information on how to combat the markets and how the face of
the future is changing.
Maybach Financial (Maybach) is not a registered broker dealer or a
registered investment advisor. No information accessed through the Maybach
Web site or this release constitutes a recommendation to buy, sell or hold
any security in any jurisdiction. Please consult a broker before purchasing
or selling any securities viewed on or mentioned herein. There is no
financial relationship that exists between the issuer of this release and
the company whose stock is mentioned in the release. Please view the
disclaimer at http://www.maybachfinancial.com/terms.php
Statements made in this release may include forward-looking statements and
projections, made in reliance on the safe harbour provisions of the Private
Securities Litigation Reform Act of 1995. Maybach has made every reasonable
effort to ensure that the information and assumptions on which these
statements and projections are based are current, reasonable, and complete.
However, a variety of factors could cause actual results to differ
materially from the projections, anticipated results or other expectations
expressed in this release. Maybach makes these statements and projections
in good faith, neither Maybach nor its management can guarantee that the
transactions will be consummated or that anticipated future results will be
achieved. All material herein was based upon information believed to be
reliable. The information contained herein is not guaranteed by Maybach to
be accurate, and should not be considered to be all-inclusive. The
companies that are discussed in this opinion have not approved the
statements made in this opinion. Maybach assumes no obligation to publicly
update or revise any forward-looking statements made herein or any other
forward-looking statements made by Maybach, whether as a result of new
information, future events, or otherwise.