Agoracom: Canadian Arrow Mines Ltd. Discussion Forum Message

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Kenbridge Nickel Deposit Estimated Value of $253 Million - CRO Market Cap $ 3.75 Million

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InvestorsGuy

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Did you know? InvestorsGuy has been a member since May 07, 2008

Crucial market information

Posted by: InvestorsGuy on September 18, 2008 03:11AM

I had the chance today to eat lunch with and take in a seminar with a senior vice president of one of the largest Canadian financial institutions. I also had the chance to speak personally with this person after for roughly 20 minutes to my delight. The company in which she helps operate manages roughly the second largest number of Canadian assets at roughly 140 billion dollars currently. The company is the largest mutual fund company in this country and basically invented the mutual fund. Without naming names many of you should know who this is.

She was asked many questions that pertain to the current state of the union as you will. And like an investment giant reacted just as though I thought she would. With excitement! Her opening statements:" Both Alan Greenspan and Warren Buffet have said' "this is a 1 in 100 year opportunity we have on our hands here, smart people will buy and buy as much as possible, and they will succeed greatly". "We are nearing the bottom and it’s time to get ready for the turnaround" she said. At the time a decision on AIG had not been released and a lot of her speculation behind the bottoming of this the single largest down cycle in the history of Canadian markets focused around the issue that was one of the last large cracks in the chain that is the American credit crisis. She told us “it was not over for them (the Americans) but it will be soon for us (Canadians).” A few lesser profile financial services in the United States will still close their doors, but being lesser profiled they will be more accounted for than majors like Merryl Linch and Bank of America. The markets will react with less desperation and look pasted far easier and with more confidence.

The portion of this conversation that is helps investors of Canadian arrow and why I believe they have an opportunity to benefit from this bottoming of the Canadian markets is what we spoke about next. I asked what currently is our companies view on the commodities based investment’s in our mutual funds? Companies like junior exploration and mid tier production level commodities operations. Her answer quick and deadly...We began selling them all at the start of June and were currently virtually commodity free in almost every fund that previously had holdings unless the fund structure outlines a specific need for a commodities percentage. It’s been our experience that in a time like this (similar experience was felt in Japan in the 80s and early 90s) although commodities themselves do not suffer as much (i.e. the rebirth of precious metals as a true investment in value and wealth) the companies that mine and explore them do not typically benefit because it is the most volatile sector of the stock market. With market fear so out of control that one person sells because the person next to him is doing it commodities based companies decline the hardest and the fastest. Even companies with 200 million in the bank and positive operating earnings right now are trading at around $2.00 per share, market speculation has been completely lost at this point and very few companies are offering an type of earnings multiple in their share price. Because of this strategic move made by our company we are still offering positive numbers in more than 70% of our funds this year even with the turmoil. Cash on hand is as high as it’s ever been. Our company is positioned to make an aggressive move back into a lot of the more volatile markets in the coming months with the last major cry’s being felt from the US credit crisis.

The reason this pertains to Canadian Arrow is that the Canadian growth fund has an extra 500 mil sitting in it right now that’s no longer in growth commodities stocks like explorers and producers. This will change in the next month to 2 months. Our Canadian large cap stocks also have in the hundreds of millions to billions of dollars to spend at this point. This is no joke. I’ve calculated the fund company I work for has several billion cash on hand it is going to begin spending in the coming months and I can only venture to guess other major banks and investment firms will be doing the same thing. The end is coming and those who have enough Gaul to risk as much as possible right now in professionally managed Funds will go through record highs and investors with enough poise and patients will be laughing money in 3-4 years time.

In closing I gained a lot of insight today and it further strengthened my confidence in the market. I understand what is going on and there is light at the end of the tunnel.

I am a successful financial councilor myself so I have lots of opportunities to speak with people in the business such as I did today. I am taking in a seminar in Winnipeg in October by a gentleman by the name of William "Bill" Chornous. Bill is the Vice president and Senior Investment strategist with IG Investment management limited. He has over 20 plus years of experience as a fund analyst and manager. He managed the North American Growth fund at IG through its glory years ascertaining a large growth average north of 18% when he gave up his position as fund manager to move into more senior management. He now overlooks and is virtually the spokesperson for Investors Group Financial services. His job puts him in charge of over 140 billion Canadian Investment dollars. The lunch is being held October 14, I will take notes and post commentary for those to read. I have only spoke with him on one occasion previously and his wisdom baffled me. Every question thrown at him was answered better than I had ever heard.

For any of you interested in an investment strategy which encompasses non registered funds, but full tax deductions like a registered investment email me. It is the best possible time to employ this strategy and believe it or not I can show you how to make over a 100k with less than a 10k spread out over the course of 4 years. It’s possible! Ask me how! No joke like I said I do this for a living. I’m not trying to sell anything just trying to help everyone I can enjoy the same financial prosperity I do! Please email me you will be glad you did!

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