Topic: How To Invest

Hello Pat: I am curious what your thoughts were on Stans Energy and PC Gold, both Canadian stocks. Thanks.

Article Excerpt

Stans Energy Corp., $2.33, symbol RUU on Toronto (Shares outstanding: 129.1 million; Market cap: $300.9 million; www.stansenergy.com), has moved up sharply on rising investor interest in rare earth elements. Rare earth prices have risen, especially since China put an embargo on its own rare earth exports. Rare earths are used in a variety of modern devices and applications, including catalytic converters and petroleum refining; magnets in small and large motors; glass additives and glass polishing compounds; rechargeable batteries; television and computer screens; lighting; X-ray machines; and lasers. Stans owns 100% of the former Soviet mine, Kutessay II, in Kyrgyzstan. Mining infrastructure is in place, and Stans holds a mining license for the property. However, Stans has already had a substantial rise, particularly of the above-average political risk of operating in Kyrgyzstan. Of course, it could move higher on continued momentum in rare earth stocks. We don’t recommend the stock. A: PC Gold, $0.75, symbol PKL on Toronto (Shares outstanding: 55.0 million; Market cap:…