Explosive Miners with 2011E Earnings Projections

*
One of the things that has continually amazed me is how undervalued stocks will eventually become very strong movers, if not downright rockets.  I cannot begin to tell you how many stocks I have come across that were selling so cheaply I could not believe it.  And invariably I would just pass, thinking there must be something wrong with the stock. After all, how could I, of all people, see something so obvious that the entire market was missing?  Impossible, I would muse.
*
Months later I would come across the same stock and my eyes would widen in utter disbelief - amazement.  Price had virtually exploded and I missed the whole thing.  Incredible.  How could a guy be so right and so wrong at the same time?  If you've been at this stock market stuff a while, I'm sure you know what I am talking about.
*
Well anyway, I decided to revisit this subject of exploring for potentially undervalued mining stocks today and share with you some of my findings.  I compiled the chart below from data provided by Bill Matlack and recently published by Kitco.  The links to this data are at the bottom of the chart.
*
I selected 19 stocks based on my impression of how explosive their 2011 estimated earnings are likely to be in comparison to this year's 2010 earnings.  Some of these estimates are simply mind blowing and I have dedicated a little folder in my FreeStockCharts portfolio to keep an eye on these stocks for True Strength Index (TSI) indicator buy and sell signals.  Perhaps you would like to keep an eye on some of these stocks as well?
*

STOCKS WITH EXPLOSIVE POTENTIAL		ESTIMATED EARNINGS			Metal	Price
		2010E	2011E	2012E
1.	ANO Anooraq Resources Corp	(.08)	.03	.07	Platinum	$1.34
2.	AZK Aurizon Mines Ltd	.12	.43	_	Gold	$7.24
3.	BRD Brigus Gold Corp Ord	(.01)	.23	_	Gold	$1.88
4.	CDE Cour D’alene Mines Corp	.13	1.68	_	Silver	$26.41
5.	COLUF Colossus Minerals	(.06)	.66	_	Gold	$8.58
6.	CPPMF Copper Mountain Mining	(.03)	.39	_	Copper, Gold	$5.80
7.	CROCF Crocodile Gold Corp	.04	.13	_	Gold	$1.44
8.	DMMIF Dynasty Metal & Mining	.09	.84	_	Gold	$4.18
9.	GBG Great Basin Gold	(.03)	.19	_	Gold	$2.93
10.	GSS Golden Star Resources	.06	.34	_	Gold	$4.57
11.	HMY Harmony Gold Mining Co	.02	.92	_	Gold	$12.41
12.	LSGGF Lake Shore Gold Corp	(.01)	.19	_	Gold	$4.08
13.	MLKKF Mercator Minerals	.03	.44	.61	Copper/Moly	$3.61
14.	ORVMF Orvana Minerals Corp	.11	.65	.75	Gold/Copper	3.60
15.	OSKFF Osisko Mining Corp	(.05)	.65	_	Gold	$14.49
16.	SGRCF San Gold Corp	(.04)	.15	_	Gold	$3.79
17.	SMNPF Scorpio Mining Corp	.00	.03	.17	Silver, Zinc	$0.99
18.	UEC Uranium Energy Corp	(.25)	.22	.59	Uranium	$5.54
19.	USU Usec Inc	.01	.50	_	Uranium	$5.74
For additional details/research, visit: http://www.kitco.com/ind/matlack/dec132010.html http://www.kitco.com/ind/matlack/dec132010_juniors.html