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William James

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  • Zargon Oil And Gas Is In The Bargain Bin And Ready To Take Off [View article]
    Sheeple - you are correct that the best time to buy Zargon was when it was in the 6's a year ago and a number of people missed that boat. Markus Arnio noted the insider purchases which got me looking at it. I have purchased when it dips under 7 - which it still does from time to time and which it did prior to this current article. It mysteriously jumped up into the 8's for a short time a while ago and I sold a few.

    Many times these small stocks will get a bump from an article, but the bump does not necessarily last. My suggestion is to do your own evaluation of Zargon and watch for the price to drop back down to near the 7 dollar range and then think about purchasing, or not as you choose.

    However, I do agree with the thesis of the article. In the long run I think this will do well from ASP and low cost production gains.
    Mar 22 11:27 AM | 3 Likes Like |Link to Comment
  • Atlantic Power: Not So Clean [View article]
    Well it really depends upon your definition of clean power. I think that the majority of rational thinkers would think that 39% from renewables and 29% from natural gas is pretty reasonable and allows Atlantic Power to correctly claim to be a clean power generator.

    On the other hand they have lied consistently about the sustainability of their dividend, which is a completely different matter and for that reason I would not touch the company with a ten foot pole.
    Mar 20 02:58 PM | 3 Likes Like |Link to Comment
  • Zargon Oil And Gas Is In The Bargain Bin And Ready To Take Off [View article]
    I have been in Zargon for a while and note if you look at the big production gains from ASP (assuming it works as planned) are yet to come. It is the low cost increase in oil production that will drive the share price, IMO. In the meantime you have a well managed company that pays an excellent monthly dividend yield that is strongly supported by management.
    Mar 20 11:34 AM | 4 Likes Like |Link to Comment
  • Zargon Oil And Gas Is In The Bargain Bin And Ready To Take Off [View article]
    Very thorough and well researched article - as usual! - Value Digger. Congratulations on being picked as a SA top idea.
    Mar 18 09:00 AM | 9 Likes Like |Link to Comment
  • Pengrowth May Rise On Earnings Due March 3, 2014 [View article]
    Execution by management has been flawless so far and once Lindbergh begins to produce in Q1, 2015 we will begin to see significant increases in flow of funds from operations. One of my top positions.
    Feb 19 02:38 PM | 1 Like Like |Link to Comment
  • New Pipelines Should Bring The Pipeline, Refining, And Production Businesses More Profits [View article]
    Markcc - you could be correct on the short term direction of oil prices but the marginal cost of production of most shale is high and a low price environment would act to reduce production and supply, thereby slowing of stopping further development of U.S. supplies.

    In my view it is not about how much available oil there is in the ground - it is much more a question of how expensive it is to produce what is left and most shale oil is pretty expensive with high decline rates.
    Jan 28 02:31 PM | Likes Like |Link to Comment
  • New Pipelines Should Bring The Pipeline, Refining, And Production Businesses More Profits [View article]
    Determining the short term outlook for oil is difficult and can be impacted by many variables. However the long term direction is equally clear - world population increasing dramatically and gasoline is the only economically viable transportation fuel - so oil will become more expensive.
    Jan 27 02:43 AM | Likes Like |Link to Comment
  • New Pipelines Should Bring The Pipeline, Refining, And Production Businesses More Profits [View article]
    just4today, if you think fuel prices are high here, you should try shopping for gas pretty much anywhere else in the world. I don't know of any serious industrialized nation that has prices as good as the United States.

    Much of the inexpensive oil has been found and the remaining oil is of relatively lower quality and more expensive to obtain - requiring that the marginal price of oil remain high, so longer term I think it is unlikely that we will see a major drop in WTI pricing.
    Jan 26 10:42 PM | 1 Like Like |Link to Comment
  • New Pipelines Should Bring The Pipeline, Refining, And Production Businesses More Profits [View article]
    No the Canadian discount will remain, just less of a discount, in my view. Also, I think the WCS oil price will improve because heavy oil will be in relatively greater demand and less well supplied.
    Jan 26 10:37 PM | Likes Like |Link to Comment
  • New Pipelines Should Bring The Pipeline, Refining, And Production Businesses More Profits [View article]
    Canadian oil sells at a discount that has been caused in part by distribution bottlenecks. The reduction / elimination of bottlenecks improves the price received for Canadian oil. The spread between WCS and WTI has reduced as a result. Keystone XL would also help but is probably less important than it once was because alternatives, such as oil by rail, are already being extensively used.
    Jan 24 12:35 PM | Likes Like |Link to Comment
  • New Pipelines Should Bring The Pipeline, Refining, And Production Businesses More Profits [View article]
    We are still a net importer of oil, which we purchase at the world (Brent) price. If we can replace that higher priced oil with cheaper U.S. / Canadian oil at prices below Brent then there are widespread benefits.

    There is a divergence between growing supply in the U.S. and tighter supply in the rest of the world plus a whole range of instability factors that provide support to Brent pricing. Some forecasters indicate the oil price will drop this year because of increases in supply and Iran coming back online, while others suggest that political instability and growing demand/demographics will keep prices high.

    Forecasting oil prices is extremely difficult but I note that WTI and Brent have remained fairly rangebound and for all the talk of increased U.S. supply the WTI price has been very resilient.
    Jan 24 10:11 AM | 2 Likes Like |Link to Comment
  • The Ticking Time Bomb Under The World Economy [View article]
    The Fabian Society hold their meetings there.
    Jan 2 11:01 PM | 1 Like Like |Link to Comment
  • The Ticking Time Bomb Under The World Economy [View article]
    That has been discussed for a number of years but not particularly seriously - no political will to do so. The more recent articles I have read talk about structural treaty reform (UK proposal) that may gain favor as the next crisis arrives.
    Jan 2 10:44 PM | Likes Like |Link to Comment
  • The Ticking Time Bomb Under The World Economy [View article]
    You do have some nice railways... heavily state subsidized of course
    Jan 2 10:39 PM | Likes Like |Link to Comment
  • The Ticking Time Bomb Under The World Economy [View article]
    Except that if you compare the approach taken in the U.S. (and U.K.) it has created growth, jobs and a recovery and the situation in Europe is a complete mess.
    Jan 2 10:37 PM | Likes Like |Link to Comment
COMMENTS STATS
262 Comments
397 Likes