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James West  

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  • Gold Price: Return Of The Bull Market Or Bear Trap? [View article]
    I'm dyslexic.
    Jan 30, 2015. 09:28 PM | Likes Like |Link to Comment
  • Gold Price: Return Of The Bull Market Or Bear Trap? [View article]
    Yes well you could certainly make the case that the title does not make clear whether or not it is a trap set FOR bears or BY bears to catch bulls. Ah...semantics.
    Jan 21, 2015. 05:53 PM | Likes Like |Link to Comment
  • Sphere 3D: Rewarded For A Shotgun Wedding That's Doomed To Backfire? [View article]
    StreetSweeper is starting to sound desperate. Notice that the last five short plays by Streetsweeper are ALL losers.

    Note also that this company is founded by convicted stock swindlers. See

    Shorts are getting killed on Sphere 3D.
    Jul 9, 2014. 11:35 AM | 3 Likes Like |Link to Comment
  • Canadian Marijuana Stocks: Medican And IHMML Give Investors A Reason To Be Bullish [View article]
    Where does that 'fact' originate, if I may ask?
    Jun 26, 2014. 09:24 PM | Likes Like |Link to Comment
  • These 3 Facilities Will Help Chevron Capture The Asia-Pacific LNG Market [View article]
    ThE LNG buildout on Canada's west coast is far from a fait accompli. Suggesting that Chevron will be shipping LNG from Kitimat any time this or next decade completely ignores the reality that 80% of British Columbians are vehemently opposed to both LNG terminals on its coastline and the pipelines required to supply them. With China poised to receive a growing supply of far cheaper Russian piped gas, and Japan almost ready to start producing natural gas from seabed methane hydrates, the high prices predicted are unlikely to materialize. Plus, considering the 89 LNG export plants in the planning stages globally ex-Canada (many of which are closer to China, Japan and Korea), the economics suggest that the world glut of gas will keep prices low and bankrupt many facilities before they turn a profit.

    And then of course there is the inconvenient truth that China is estimated to have at least double the amount of hydrocarbons in shales than does the United States. Despite being deeper and more complicated geologically, China has nonetheless begun to access its terrestrial shales.

    The financial carnage from the fools rushing into the LNG market will be substantial, in my opinion.
    Jun 17, 2014. 09:01 AM | 3 Likes Like |Link to Comment
  • Integra Gold: Interesting Takeover Target For Agnico Eagle And Highly Undervalued [View article]
    The Lamaque Mine has been the downfall of the last two owners, Century Mining (CMM.V) and McWatters Mining. (TSX:MWA), neither of whom could run it profitably. The site has numerous challenges both from the standpoint of its proximity to the town of Val D'Or and certain rock mechanics issues in the structures that have created ore bottlenecks in the past.

    I don't see any drastic changes here to suggest this new improved version is going to be any more profitable - especially with such a weak gold price.
    Feb 8, 2014. 02:25 PM | Likes Like |Link to Comment
  • Barrick Gold Hits A Home Run [View article]
    I'm sorry. I fail to understand how you can conclude by my statements that "all of the gold producers are toxic". Quite the contrary. Un-leveraged gold producers with all in sustaining costs below $900 an ounce are likely to continue making money and returning a profit.

    Stating that you have done your homework is laughable. Barrick has been an under performer regularly, as is stated within the Annual Report, and every annual report. Performance is relative only if you choose to look at selected time horizons that prove your theories. That is of no use to a real investor.

    Absolute returns year on year are the best and only useful long term measurement, especially for a gold producer relative to the performance of the gold price itself.

    The requirement for continuous dilution to shareholders to maintain the replacement rate of ounces mined annually renders the value proposition for mature miners like Barrick. They must pay increasingly higher per-ounce acquisition costs, making them inferior performers relative to less mature gold miners who have not leveraged up, and thus have nowhere near the high costs per share in corporate debt maintenance costs.

    Makes me wonder what homework you are doing. Might I suggest Math 101?
    Dec 16, 2013. 09:56 AM | Likes Like |Link to Comment
  • Barrick Gold Hits A Home Run [View article]
    Judging by the rosy comments, it is apparent the terminal structural decay of Barrick is lost on many. The simple exercise of an analysis on shareholder return in not just the near term, but when gold was moving strongly higher, demonstrates that Barrick is a perennial under-performer. It is a toxic asset in any portfolio, and I expect the kind of mis-placed bullishness here displayed will impoverish more than a few.
    Dec 14, 2013. 10:22 AM | Likes Like |Link to Comment
  • Orbite Aluminae Is Transforming Aluminum And Rare Earth Industries [View article]
    Managment became arrogant and screwed their financial partners, in my opinion. That, and there is increasing intelligence to suggest there are a number of equally effective and possibly cheaper processes mimicking Orbite's. These guys could have a cure for cancer and the stock would be a dud, I'm afraid to have discovered.
    Nov 26, 2013. 03:37 PM | 1 Like Like |Link to Comment
  • Ridgeline Offers Most Economic Water Treatment Option For Oil & Gas Operations [View article]
    I'm not actually. Management has made some dubious moves of late, and so there are some concerns in terms of leadership. I sold my position before the company started fighting its legal battles in the court of public opinion through press releases. Bad judgement.
    Aug 6, 2013. 01:34 PM | Likes Like |Link to Comment
  • Abakan: An Overvalued Short Candidate [View article]
    The only comment worthy of note here is the one that says "I am short ABKI". In other words, you only make money if you can drive the stock down. Attention Shoppers: Reverse Pump and Dumper working here!
    Jun 27, 2012. 03:30 PM | 3 Likes Like |Link to Comment
  • Gold Price Spike: Don't Call It a Bubble [View article]
    Care to place a bet on that?

    On Nov 04 01:15 PM wrote:

    > another pointless gold bug. it is going to collapse and you won't
    > see another high above 1,000 in 5 years
    Nov 5, 2009. 09:44 AM | 1 Like Like |Link to Comment
  • Gold: The Only Remaining Bubble? [View article]
    The armchair analyst who is the author of this piece clearly takes his cues from the media. Now everything that rises in price is a bubble? Thats the mentality that creates bubbles.

    Gold is in both a long-term structural and secular bull phase, due precisely because inflation is rampant. Important here to distinguish between price inflation and monetary inflation. To deny the existence of monetary inflation in view of the planned printing of $2 trillion this year is to have one's head anchored deeply into the dunes. Price inflation, however has not yet set in, because what armchair economists call "deflation" which is merely the adjustment of prices downward in an effort to induce buying, is a result of economic contraction brought on by monetary inflation.

    Gold is not a bubble. Its the standard by which all other currencies are measured. Always has been. Always will be.

    Its price rise is not so much a reflection of increased value as of the fact that the U.S. dollar is being devalued through monetary inflation. Investors who understand this will whether the storm just fine. The rest will be cannon fodder.
    Feb 19, 2009. 10:06 AM | 1 Like Like |Link to Comment