The Nuggets in Great Basin Gold: Interview with CEO Dippenaar [View article]
Hi revlis,
I am saddened to see GBG struggling with the Tranter issues and the repricing of bought deal. This causes pain for many holding GBG bought at much higher prices.
However, this is the bottom with the decline in gold prices as well. I was watching the action, and looking to buy in later for the anticipated turnaround during the summer.
With the share prices now at almost all time lows, there should be gains from here. IMHO. I am also considering redeploying cash into GBG presently.
Did Exxon Mobil Find Opportunity In Northern Iraq? [View article]
Hi Jacob Steinberg,
Interesting article. The motive for business is always linked to money.
Why big oil is heading to Kurdistan is as Total says:
"Chevron (CVX), Total (TOT), Royal Dutch Shell (RDS.A) and TNK-BP (Russian private company) are among the oil majors making moves in Kurdistan. Quite simply, the oil majors are moving to the northern Kurdistan part of Iraq, as the oil agreements there have more generous terms than the southern Iraqi agreements have returned, as France's Total observes:
"It's a place where there are important oil and gas reserves and contracts are better" than in the rest of Iraq, he said."
Newfound Billions Of Barrels Of Shale Oil In Newfoundland [View article]
Hi James Goodwin,
Yes, the oil is there as the shale is there.
The Nu Tech testing seems all positive and they should know. As in all speculative stories however, management will play the key part in pushing the project forward, and they have done a very good job of this up to the present.
Newfound Billions Of Barrels Of Shale Oil In Newfoundland [View article]
Hi J.D. Lake,
Thanks for the kind words.
This is my biggest holding, and I wanted to get broader attention to it. Yes, I think it might take a few years and quite a few more holes, but the base story sound good.
Shoal Point is obtaining a TSX listing this month for higher tradability.
Newfound Billions Of Barrels Of Shale Oil In Newfoundland [View article]
Thanks for looking and commenting.
There was a small sell-off today Mar 5, 2012 for Shoal Point, due to unknown reasons, of about 20%. The full results will not be known until April.
Perhaps there was some drilling news leakage or it was dis-spiriting to hear about NWest Energy leaving the area and exploring in Argentina in a PR today.
Bernanke Ignites Bear Market In Gold And Silver [View article]
Hi John,
You write: Whatever the future track, the risk of owning gold and silver at these prices is high compared to the potential return. Therefore, not only does this look like time to sell positions
Good analysis and I agree with you.
Unfortunately, the majority of investors in precious metals are stuck on dogma, and may miss the opportunity that is available right now in other sectors; such as oil.
The Nuggets in Great Basin Gold: Interview with CEO Dippenaar [View article]
I am saddened to see GBG struggling with the Tranter issues and the repricing of bought deal. This causes pain for many holding GBG bought at much higher prices.
However, this is the bottom with the decline in gold prices as well. I was watching the action, and looking to buy in later for the anticipated turnaround during the summer.
With the share prices now at almost all time lows, there should be gains from here. IMHO. I am also considering redeploying cash into GBG presently.
Marco G.
Newfound Billions Of Barrels Of Shale Oil In Newfoundland [View article]
I believe that they have targeted Mar 2012 to be listed on TSX, bypassing the Venture exchange.
Marco G.
Newfound Billions Of Barrels Of Shale Oil In Newfoundland [View article]
Thanks for sharing your informative comments.
I don't quite understand the conversion to barrels/acre-ft. Isn't the net/gross figures referring to the length of the possible pay zones?
Marco G.
Did Exxon Mobil Find Opportunity In Northern Iraq? [View article]
Interesting article. The motive for business is always linked to money.
Why big oil is heading to Kurdistan is as Total says:
"Chevron (CVX), Total (TOT), Royal Dutch Shell (RDS.A) and TNK-BP (Russian private company) are among the oil majors making moves in Kurdistan. Quite simply, the oil majors are moving to the northern Kurdistan part of Iraq, as the oil agreements there have more generous terms than the southern Iraqi agreements have returned, as France's Total observes:
"It's a place where there are important oil and gas reserves and contracts are better" than in the rest of Iraq, he said."
Rest of article is here:
http://seekingalpha.co...
Marco G.
4 Small Cap Silver Stocks That Have Soared 40% In 2012 [View article]
I am caught between wary for a precious metals price drop, and yet wanting to catch some of the gains for a good junior silver stock.
Marco G.
4 Small Cap Silver Stocks That Have Soared 40% In 2012 [View article]
Thanks for your comments.
I am quite familiar with Orko, but I have shied away mainly because of their links to Pan American (PAAS), (limits the up side).
Tinka is a good story and I believe Otto Rock is very big on it.
As for Arian, I've talked with the company management, and sorry to say, they have not sold me on their story.
Marco G.
4 Small Cap Silver Stocks That Have Soared 40% In 2012 [View article]
I am starting to like Arcana quite a bit. I will have to take a deeper look at the Shafter project.
Marco G.
Newfound Billions Of Barrels Of Shale Oil In Newfoundland [View article]
Yes, the oil is there as the shale is there.
The Nu Tech testing seems all positive and they should know. As in all speculative stories however, management will play the key part in pushing the project forward, and they have done a very good job of this up to the present.
Marco G.
Newfound Billions Of Barrels Of Shale Oil In Newfoundland [View article]
Thanks for the kind words.
This is my biggest holding, and I wanted to get broader attention to it. Yes, I think it might take a few years and quite a few more holes, but the base story sound good.
Shoal Point is obtaining a TSX listing this month for higher tradability.
Marco G.
Newfound Billions Of Barrels Of Shale Oil In Newfoundland [View article]
There was a small sell-off today Mar 5, 2012 for Shoal Point, due to unknown reasons, of about 20%. The full results will not be known until April.
Perhaps there was some drilling news leakage or it was dis-spiriting to hear about NWest Energy leaving the area and exploring in Argentina in a PR today.
Marco G.
4 Small Cap Silver Stocks That Have Soared 40% In 2012 [View article]
Marco G.
4 Small Cap Silver Stocks That Have Soared 40% In 2012 [View article]
Marco G.
4 Small Cap Silver Stocks That Have Soared 40% In 2012 [View article]
You have found a typo about CDE, should be 27.57 price with gains of 13%
Thanks,
Marco G.
When Bad Things Happen To A Good Company [View article]
Very good article showing the temperament tantrums of of the market participants.
Marco G.
Bernanke Ignites Bear Market In Gold And Silver [View article]
You write:
Whatever the future track, the risk of owning gold and silver at these prices is high compared to the potential return. Therefore, not only does this look like time to sell positions
Good analysis and I agree with you.
Unfortunately, the majority of investors in precious metals are stuck on dogma, and may miss the opportunity that is available right now in other sectors; such as oil.
Marco G.