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  • Goldcorp expects 1M oz. gold output from Mexico despite Sauzal closure [View news story]
    6034700,

    Looking at the 5 year chart, it looks like GG is just above strong, long term support. Not buying what you're selling, kind sir.
    Oct 1 09:10 PM | Likes Like |Link to Comment
  • Goldcorp's 2014 production could be at low end of forecast, CEO says [View news story]
    While your first statement may be correct, I'm not sure the second was, esp. at the current price level.
    Sep 7 11:32 PM | Likes Like |Link to Comment
  • Shell says Ho-Ho pipeline in Texas shut after accident causes leak [View news story]
    Not enough info is given to tell what actually happened. The pipeline could have already been uncovered/exposed, and the crew doing whatever it was they were supposed to do, when an error was made, or something happened.
    Mar 8 10:36 AM | Likes Like |Link to Comment
  • Shell says Ho-Ho pipeline in Texas shut after accident causes leak [View news story]
    According to the link furnished, on Thursday, March 6th.
    Mar 8 10:32 AM | Likes Like |Link to Comment
  • 5 Reasons Not To Have Bank Of America In Your Portfolio [View article]
    Re: Bove...

    And he was wrong ALL the way down in 07/08, calling the TBTF banks "buys" along the way.

    Listen to Bove?....No thanks...
    Feb 27 07:05 PM | 1 Like Like |Link to Comment
  • Norway readies asset sales, Statoil ownership under review [View news story]
    Veritas,

    Thanks!

    I can't disagree with your observations.
    Dec 8 10:42 AM | Likes Like |Link to Comment
  • Norway readies asset sales, Statoil ownership under review [View news story]
    As a rule of thumb, it seems that government control too often leads to business decisions being made on the basis of political considerations. Having said that, in the case of STO, that doesn't seem to have been the case, thus far.
    Dec 8 10:40 AM | 1 Like Like |Link to Comment
  • Norway readies asset sales, Statoil ownership under review [View news story]
    It should be noted that even if all goes as planned, the government will still hold a controlling interest of 51%.
    Dec 6 07:32 PM | 1 Like Like |Link to Comment
  • Why The World's Largest Ship Is A Big Deal For Shell [View article]
    It seems to me that the benefit to Shell would be that such a vessel would allow for the development of fields that, while large, aren't large enough to justify the construction of a conventional pipeline, or are too far from shore/too deep to make a conventional pipeline feasible.
    Nov 10 10:41 AM | 5 Likes Like |Link to Comment
  • Analyst takes dim view of Libra field bid economics [View news story]
    kennethfine,

    PBR needs both the capital, as well as the technological expertise the majors are able to supply to fully develop the field. By squeezing the margin available, this will lessen those firms' commitment to the project. A comparable example is what happened a year, or so, ago, in Iraq. When Iraq went looking for bids to expand existing fields, rather than allowing the bidders to participate in profits generated, based on the market price of oil, they were only paid a fixed price per bbl. for production increases above baseline figures.

    Within a year, the firms forced a renegotiation/repudiation of the contracts. As I recall, XOM bailed completely, preferring to focus on the fields in the Kurdish north, pissing off the Iraqi government royally, LOL.
    Oct 28 06:35 PM | 2 Likes Like |Link to Comment
  • Energy companies evacuate Gulf as tropical storm strengthens [View news story]
    Although its not over, yet, the hurricane season has been non-existent, so far.
    Oct 4 09:15 AM | Likes Like |Link to Comment
  • Barrick may be attractive levered play on gold rebound: Barron's [View news story]
    I have serious reservations regarding ABX, specifically because of the Pascua-Lama project. While the cost overruns are a negative, these could well be overcome. Its the political situation in Chile and Argentina that concerns me. (Wouldn't surprise me to see the project nationalized, once its up and running..).
    Sep 14 10:57 AM | 1 Like Like |Link to Comment
  • Weighing The Week Ahead: What Does The Syrian Crisis Mean For Stocks? [View article]
    James Hanshaw,

    "the US used them - Agent Orange - to slaughter innocent people in Vietnam."

    I've seen similar comments popping up here, and there. In fact, Agent Orange was a herbicide, the use of which (in Vietnam, Cambodia, Laos, etc.) was intended to minimize/eliminate the sheltering effect of the jungle canopy (from aerial surveillance) on troop and supply movements of VC and NVA units. A secondary aim was the destruction of food crops.
    Sep 8 11:13 PM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Evidently, subprime auto lending has been going great guns....wonder how long that will last?
    Sep 5 08:26 AM | 6 Likes Like |Link to Comment
  • Opportunities in Foreign Debt [View article]
    Fwiw, I've been scaling back on my GIM position over the last 8 months, or so. Still holding TEI, but consider it oversold, atm.
    Aug 27 04:14 PM | 1 Like Like |Link to Comment
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