Archive for the ‘Confirming data’ Category
New layout, better search, new pages
We’ve been busy this weekend. Coming soon, we’re releasing a new layout that puts our datagrid front and center so you can get right down to business.
We’ve also enhanced our search capabilities to allow for even more precise searches. Want to see only microcap companies with producing copper mines in Peru? No problem. Our new system of strict searches means that you may not find what you’re looking for on your first go-around. If that happens, you’re probably awfully picky! Just widen your criteria.
Coming soon, we’re adding Property Search. You’ll be able to find projects by name or criteria, just like you can companies now.
Also, starting this week we will be following up with a lot of you whom we met in Toronto at PDAC 2010. We’ll be asking you to confirm your latest property and resource data, since we’re almost ready to throw this up on the web in all its detail.
Also starting this week we will be unveiling a huge new part of our site: the dedicated company pages. Each company in our database gets 5-6 pages all its own, for free, forever! These include the following:
Overview page: Stock chart, trading data, news, resource summary, analysis summary.
Financials: Fully financial statements for several quarters, plus regulatory filings.
Properties (!): Full descriptive, ownership, resource, production and cost data for every property. Free for now, but later for Premium subscribers only. Peruse for free while PDAC preview lasts — when we put up all 1500 of our companies soon this will be for Premium subscribers only.
Financial Strength: Classic value investing balance sheet analysis plus our own Burn Time.
Price:Ore Ratios: For all companies with resource data, these offer a perspective on how richly or cheaply valued the stock is relative to the company’s rock assets. Again, free only during our PDAC preview.
Profitability Ratios: For producers only, Classic Graham and Dodd analysis of margins and profits.
We enjoyed seeing you at PDAC.
We are delighted with how well our trip to Toronto went. We met with people from dozens of companies in our database, as well as investment bankers and investor relations consultants, and got some great feedback on the market. We got the picture that people have been waiting for a website like the Mining Almanac, and that it will be a valued tool so long as we ensure the accuracy of our data and keep it up to date in a timely fashion.
Regarding accuracy, we informed companies that we will soon be contacting them to confirm their resource data. For now this is a manual process (companies in our database may just email us at info@miningalmanac.com to see and check the property data we have for them before we put it on the web), but we are building an automated system to allow approved company representatives to login and either confirm their data or inform us of errors. This will be rolled out in the coming weeks, and each company will be assigned login information. After a company has confirmed their data, either manually or through the secure web form, they will recieve a gold “check mark” next to their name in the datagrid.
As for keeping the info up to date, the financial data is automated and always fast. The resource data is kept current by continually monitoring press releases for updates, in addition to periodically checking websites and filings. If a company releases new resource data, they may wish to alert us so that we get it up right away.
As you can tell, the key to timely and reliable data is going to be communication with the companies in our database. We have known this from the planning stages, so we were very encouraged to meet so many respresentatives in person and to see how open they were to working with us to make this the top database website in the industry.

