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ScroogeMcduck
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Scrooge had worked his way up the financial ladder from humble immigrant roots. Born in Glasgow, Scotland he made a living shining boots, and was enraged when a ditchdigger paid him with a US dime. However, the coin inspired him to take a position as cabin boy on a Clyde cattle ship to the... More
  • METHODS TO MADNESS 87 comments
    Oct 14, 2009 11:57 AM
           
    I urge anybody with a good speculative play to post their favorites here for sharing. Through SA I have come across some brilliant ideas even the bad ones fascinate me. Don't forget to include a method to your madness.



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  • I'll fire up this Insta with Great Western Minerals (GWMGF); a canadian-based rare earth element miner, AND a Troy, Michigan-based NiMH battery maker.

     

    According to REE guru, Jack Lifton, China dominates rare earth elements to the tune of 97%.

     

    Stock is @ 0.3545 right now. Three years from now, when Great Western starts mining, the stock will be ten times it's current price. Only thing to watch out for is a huge dilution, and a reverse split to get up-listed. But I figure that won't happen until the stock hits a buck per share.

     

    By far, Great Western is my most invested in speculative play, as I own almost as many shares as have traded so far today.

     

    Good idea, Scrooge! I tried to do this on The Burning Platform, with little success. Guess I'm a little more extreme about doing research and playing the speculative plays than most.

     

    Suggest you visit their corporate website @ gwmg.ca
    14 Oct 2009, 12:29 PM Reply Like
  • I like it Uncle Scrooge

     

    (RBY), a Jr. Gold Miner is my BIG speculative play. They are right next to one of the richest gold mines in the world (Canada) owned by Goldcorp (GG). Every time they stick a spade in the ground they report bonanza grade ore. One of their larger stock holders is the ex president of Goldcorp (McEwen), who holds 24% of RBY. Add to that the close proximity of the Goldcorp mine, and you have a production/ infrastructure synergy. Add to that the likely deflation of the dollar and an accompanying rise in gold prices, and I think this is closer to a sure thing than a speculative play. Its just a matter of time. RBY is my largest speculative play.
    14 Oct 2009, 12:43 PM Reply Like
  • Although I don't have any stocks to recommend at this time, long or short, anyone reading this blog who has a significant size investment budget may want to take a look at Yellowhoard's Insta for details on the Muir Woods development project that he is working on, and is in the process of obtaining investment capital to fund. My hunch is that it may have a nice return for those with a 5 year or longer horizon. If I come across any stocks that I am high on, I will post them on this Insta.
    14 Oct 2009, 01:11 PM Reply Like
  • User: Speaking of gold miners next to a Goldcorp site. Take a gander at (AMNP), abutting a Goldcorp mine in Mexico. They have a strike that has 10.6 grams per ton, and 8.29 grams per ton. Also some silver veins 1 to 7 meters wide. I've been studying this company hard the last two days.

     

    Comparing to my favorite miner, Jaguar Mining (JAG), who claims around 3.51 and 4.47 grams per ton.
    14 Oct 2009, 01:19 PM Reply Like
  • would like to recommend Pinetree Capital pnpff.pk
    In a very unloved sector- venture capital company located in Canada. Has a smorgasboard of uranium,ree,pm miners and biotech companies they're investing in, and they are doing all the DD for you. It's like investing in a microcap etf. Do your DD on Pinetree.
    14 Oct 2009, 01:25 PM Reply Like
  • Wouldn't ya know it, I make a post about GWM and boom! down goes the stock.

     

    No news on the wire services or at the corp. website.
    14 Oct 2009, 01:57 PM Reply Like
  • Maby someone knows about a secondary?
    14 Oct 2009, 02:01 PM Reply Like
  • Interesting... AVARF took a bit hit today.
    14 Oct 2009, 02:02 PM Reply Like
  • beautiful fed minutes. at least now they are admitting to expanding the asset purchasing programs. it is BOE redux move all over again...and we saw what happened to the GBP after that monetary policy.
    14 Oct 2009, 02:13 PM Reply Like
  • Nope. Nothing filed. All recent insider trading is all buying.
    14 Oct 2009, 02:17 PM Reply Like
  • Author’s reply » (SVM) is my favorite as of now, though this may change after reading some of these posts. I have been preaching them since $3.50 a share not to long ago. It has $75.7-million in cash and no long-term debt. The company produced a record 1.2 million ounces of silver at a cash cost of -$5.09 per ounce in Q1(ended June 30, 2009)

     

    You can view their presentation here.
    www.silvercorpmetals.c...
    14 Oct 2009, 02:28 PM Reply Like
  • Duck: Read "Four Overlooked Junior Miners." You'll see why I'm so high on Jaguar Mining. It's now even better than I had previously thought.
    14 Oct 2009, 02:58 PM Reply Like
  • ERII when it dips to the $5.00 range. This is a "green" way to play the water shortage that is approaching. It cleans the water and saves lots energy.

     

    ERI's PX devices operate at up to 98 percent efficiency and reduce the energy consumption of SWRO systems by up to 60 percent, making desalination a cost-effective solution for clean water supply. PX devices also reduce the carbon footprint of desalination, saving more than 700 MW of energy and reducing CO2 emissions by more than 2.3 million tons per year worldwide. More than 6,700 PX devices are currently deployed or under contract to be installed at desalination plants across the globe. For more information about ERI’s PX Pressure Exchanger technology, visit www.energyrecovery.com/ or send an email to info@energyrecovery.com.
    About ERI
    Energy Recovery, Inc. (NASDAQ:ERII - News) designs and develops energy recovery devices that help make desalination affordable by significantly reducing energy consumption. ERI’s PX Pressure Exchanger™ (PX™) device is a rotary positive displacement pump that recovers energy from the high pressure reject stream of seawater reverse osmosis systems at up to 98% efficiency. The company is headquartered in the San Francisco Bay Area with offices in key desalination centers worldwide, including Madrid, Shanghai, Florida and the United Arab Emirates. For more information on ERI and PX technology, please visit energyrecovery.com.
    14 Oct 2009, 03:54 PM Reply Like
  • I started investigating a penny stock called Wataire International (WTAR). This Woodland Hills, CA-based company is a turbine generator manufacturer. What's exciting about this company is that they have just passed the 3500 mark of sold units that have landed in 30 different countries. Their model WII-4010 home/office model atmosphere water generator produces about (I think) 1.5 gallons of water/day. Their larger CI-2500 model produces up to 650 gallons of water per day, enough to quench the daily thirst of 500 troops. The Navy has bought some of these contraptions that create water out of thin air.

     

    52 week low: 0.004/share 52 week high: 0.197/share. Today WTAR closed at 0.065/share.

     

    I like this company's corporate mission, to bring fresh water to the world.

     

    They have recently set up distributors in Canada, Mexico, and CHINA!

     

    Skymark Research recently intiated research coverage on WTAR

     

    I'm not sure of an entry point, or even if I want to get in, but on October 8th this stock grazed 10 cents. So that's down 35% since then. Penny stock headache, or mini-fortune maker?
    14 Oct 2009, 04:56 PM Reply Like
  • Damn Double, aren't we on the same wave length! Hilarious!
    14 Oct 2009, 04:57 PM Reply Like
  • Without water you die in 3 days, food 30 days. Which one do you think is more important. China has soiled their rivers so badly they are going to have major water issues sometime in the future.The weather changes that we are going through are going to make the dust bowl return possibly. Water will be critical through out the southwest and into western Canada. That is only some of the issues. There are many all over the world.

     

    The loss of glaciers is a loss of water supply. They are not being lost to C02 but through a natural cycle of the earth. I believe we are approaching the very end of the last ice age. I do not know when the next will start but water will need to come from the ocean. Desalination is the ticket and from the air as your company can do.

     

    Double down. Sea and air.

     

    Water will be big.

     

    On Oct 14 04:57 PM Mayascribe wrote:

     

    > Damn Double, aren't we on the same wave length! Hilarious!
    14 Oct 2009, 08:19 PM Reply Like
  • Maya and DG: I think you might like this company:
    www.hyflux.com
    14 Oct 2009, 08:34 PM Reply Like
  • My problem is I can't play on the Singapore exchange.
    14 Oct 2009, 11:39 PM Reply Like
  • Guns, Maya-

     

    Interesting you are talking about water treatment today. One of my engineers and a production guy went to a meeting today put on by the local economic development corp. The purpose of the meeting was how to tap into Marcellus Shale development that is about to take place.

     

    They were both fairly excited when they got back. They informed me that we needed to proceed with the development of brine water treatment systems to treat the frack water. They did not give me an estimate of the amount of water requiring treatment I imagine its substantial.

     

    There are four more meetings over the next few weeks where we hope to learn more.
    15 Oct 2009, 12:14 AM Reply Like
  • The treatment of brine has been in the news from time to time. Here's an old article that really explains the problem well:
    Gas Well Drilling Brine Challenges Water Treatment Plants
    Posted Monday, December 15, 2008 ; 10:07 AM | View Comments | Post Comment

     

    A growing volume of brine from natural gas drilling and production is posing a challenge for municipal wastewater treatment plants.

     

    Story by Pam Kasey
    Email | Bio | Other Stories by Pam Kasey

     

    MORGANTOWN -- A growing volume of brine from natural gas drilling and production is posing a challenge for municipal wastewater treatment plants.

     

    The new waste stream can be a financial boon for plants that have spare capacity.

     

    But at high volumes it can harm plant function -- and water quality.

     

    "We're not removing the chlorides," said Clarksburg wastewater plant Supervisor Bill Goodwin. "We just dilute it."

     

    In October, that dilution solution created problems in the Monongahela River in Pennsylvania.

     

    The river exceeded standards for total dissolved solids: salts and other compounds that often result from the production of coal, coalbed methane and natural gas.

     

    TDS is not a human health hazard. But at concentrations above Pennsylvania's water quality standard of 500 milligrams per liter, it can impair the function of industrial equipment and affect the odor and taste of drinking water.

     

    October laboratory tests quickly showed that the Monongahela River dissolved solids were high in chlorides, the signature of natural gas.

     

    Nine municipal wastewater treatment plants in Pennsylvania received directives from the Pennsylvania Department of Environmental Protection to curtail the amount of gas well drilling brine they accept.

     

    Two plants upriver in West Virginia accept brine as well: Weston and Clarksburg.

     

    To be allowed to take brine from the gas industry, West Virginia municipal wastewater treatment facilities have to seek permit modifications, according to Yogesh Patel, assistant director of permitting at the West Virginia Department of Environmental Protection.

     

    Weston and Clarksburg have carefully limited their brine influent from the beginning, Patel said.

     

    But downstream, on the Ohio River, Wheeling found that it had to cut back on the volume of chlorides coming in brine.

     

    Brine entering Weston's treatment plant is a small part of the plant's total volume, Patel said. It is written into a modified discharge permit and is not adversely affecting plant operation or discharges.

     

    Clarksburg is in the third month of a trial period and, according Bill Goodwin, is experiencing no problems.

     

    "We take 50,000 gallons a day, and that's the maximum we can take for a plant this size," Goodwin said. "The chlorides have to be 19,000 (mg/L), which is very low for the water that most of these guys are dealing with. They control the concentration by diluting it with weaker waters."

     

    The plant is having no trouble running the chlorides through the plant or meeting effluent standards, he said.

     

    Wheeling, however, did have trouble.

     

    The Wheeling plant has accepted wastewater from Washington, Pa.-based Liquid Assets Disposal pretreatment and trucking operation for about 15 years, according to Water Pollution Control Superintendent Albert King Campbell.

     

    Around three years ago, LAD dramatically increased the amount of pretreated brine it delivered, Campbell said -- from a few tanker loads a day to, now, "dozens upon dozens."

     

    That is, until November.

     

    That's because high chlorides in LAD's waste stream interfered with Wheeling's settling and ultraviolet disinfection.

     

    DEP set daily and monthly limits on the volume of chlorides that could enter the plant -- requiring LAD either to dilute, to pre-treat to a higher standard or, as has actually happened, to cut back on volume.

     

    Wheeling's modified permit sets limits for chlorides at its outfall: 1,238 mg/L average monthly and 2,484 mg/L maximum daily, limits Campbell said the plant is "just barely" meeting.

     

    Campbell wasn't sure yet after two weeks whether the reduction in chlorides was helping the plant's function or not.

     

    Revenues from LAD are a small part of Wheeling Water Pollution Control's budget, according to Campbell.

     

    But the money makes a big difference in Clarksburg.

     

    "It's a major revenue source for us," Goodwin said. "It's a good opportunity for all the municipalities in the state if we can get something that's an environmentally safe way for them to dispose of it."

     

    Municipal treatment is an attractive option for some gas well drilling companies, whose alternatives include trucking the water greater distances for underground injection or arranging more expensive reverse osmosis treatment that can remove the chlorides.

     

    However, since municipal treatment is really just dilution, the management of brine becomes, at high volumes, a watershed-level issue -- one reflected in a federal law that prohibits states from issuing water pollution discharge permits that "cause or contribute to" water quality violations in downstream states.

     

    To begin establishing a whole-watershed management strategy, Patrick Campbell of WVDEP was scheduled to meet Dec. 3 with Ron Schwartz in PADEP's southwest regional office.

     

    Campbell acknowledged that, with brine at its current volume and anticipated to rise as the gas industry pursues its interests in the Marcellus shale, the Ohio River and other regional rivers may not be able to assimilate everything the industry wants to discharge in the headwaters.

     

    "We can only dilute this stuff for so long," Campbell said at a Nov. 14 meeting on the topic in Morgantown. "It's going to show up somewhere else."

     

    Related Links:
    - State Needs to Plan for Gas Well Drilling Brine

     

    - Pa. Sewage Plants Ordered to Refuse Gas Well Drilling Water
    15 Oct 2009, 08:24 AM Reply Like
  • Hyflux is an adr on the pink sheets.

     

    On Oct 14 11:39 PM doubleguns wrote:

     

    > My problem is I can't play on the Singapore exchange.
    15 Oct 2009, 08:27 AM Reply Like
  • SAS70 I recently wrote some lengthy comments on Hydraulic fracturing in Marcellus shale. It appears each gas well can require more than 3 million gallons per "frac", and a single well can be fractured as many as eight times (24 million gallons per well?). Here is the link to my post, and the link to the post where I got my information from. This should provide a starting point with respect to quantity per well. The next question probably relates to what is in that brine mixture. Apparently the Pennsylvania facilities can not handle the volume expected from NY drilling.

     

    seekingalpha.com/artic...

     

    www.heralddeparis.com/...
    15 Oct 2009, 11:04 AM Reply Like
  • Sheepishly I must ask, what symbol. I cant find it, I'm sorry!!! Don't beat me, much!!!:-)

     

    On Oct 15 08:27 AM optionsgirl wrote:

     

    > Hyflux is an adr on the pink sheets.
    15 Oct 2009, 11:22 AM Reply Like
  • HYFXF ( but I am going from memory) if that doesn't work try hyfxf.pk
    15 Oct 2009, 12:38 PM Reply Like
  • User, OG GREAT INFO!!!!

     

    I am going to direct my people to read both of your comments and related articles a lot of really good info. Thank You!!!

     

    We are talking to our environmental consultants as well as our Department of Environmental Protection contacts to get their take on what can be done and or designed to help solve this problem.

     

    I believe our state see's this as a cash cow (as there are state reps at these meetings) It seems to us some of the environmental hurdles maybe overcome a little more easily given the gaps in the state budget. I will be buying more bottled water now.

     

    Not sure who all the players are yet (hopefully our company gets a little slice) When I learn more I will pass it on.
    15 Oct 2009, 12:51 PM Reply Like
  • Direct your people to do a google search, too. There is an abundance of information available. I also find that looking on a company website gives me information to do a more comprehensive search of the topics surrounding that company's progress. ( if it is a public company. I hope that made sense, I'm having my doubts!)

     

    On Oct 15 12:51 PM SAS70 wrote:

     

    > User, OG GREAT INFO!!!!
    >
    > I am going to direct my people to read both of your comments and
    > related articles a lot of really good info. Thank You!!!
    >
    > We are talking to our environmental consultants as well as our Department
    > of Environmental Protection contacts to get their take on what can
    > be done and or designed to help solve this problem.
    >
    > I believe our state see's this as a cash cow (as there are state
    > reps at these meetings) It seems to us some of the environmental
    > hurdles maybe overcome a little more easily given the gaps in the
    > state budget. I will be buying more bottled water now.
    >
    > Not sure who all the players are yet (hopefully our company gets
    > a little slice) When I learn more I will pass it on.
    15 Oct 2009, 12:59 PM Reply Like
  • Not that I no that much about it, but I few weeks back, in a conversation with One Eye (I think), I had proposed one of the possible solutions was on-site water cleansing and recycling.

     

    It seemed to solve several problems at once and the solids might have some industrial use - I don't know, just imagining.

     

    Anyway, it seemed such a "natural" that I couldn't see how it would not be a profitable endeavor as the economy recovers and increased demand for NG causes more activity in the shale plays.

     

    If they were small enough to be transported on an 18 wheeler without special permits, that would be a big plus.

     

    The unknown, in my wild guess, was the sealants used in the developed well - if the composition changes, does that affect the process, how much, can it be handled, etc. This question arises as technology is constantly advancing and newer sealants, that may have different dissolve rates, might come into play.

     

    Currently there are differing "grades" of sealants that may also have differing characteristics that might affect the purification process.

     

    HardToLove

     

    On Oct 15 12:51 PM SAS70 wrote:

     

    > User, OG GREAT INFO!!!!
    >
    > I am going to direct my people to read both of your comments and
    > related articles a lot of really good info. Thank You!!!
    >
    > We are talking to our environmental consultants as well as our Department
    > of Environmental Protection contacts to get their take on what can
    > be done and or designed to help solve this problem.
    >
    > I believe our state see's this as a cash cow (as there are state
    > reps at these meetings) It seems to us some of the environmental
    > hurdles maybe overcome a little more easily given the gaps in the
    > state budget. I will be buying more bottled water now.
    >
    > Not sure who all the players are yet (hopefully our company gets
    > a little slice) When I learn more I will pass it on.
    15 Oct 2009, 02:34 PM Reply Like
  • HTL- Are you talking about reverse osmosis systems?
    15 Oct 2009, 02:40 PM Reply Like
  • OG I can not figure why it did not come up earlier. It is there now that I put in that symbol. Thanks. Looks good but need a pull back to get in.

     

    They are in the right area of the country doing business with the right people. Mainly China and they are very well diversified in their offerings to include waste water. Will have to look a bit more into it.

     

    Thanks a bunch.
    15 Oct 2009, 02:43 PM Reply Like
  • I've been watching it for awhile. Got it off stockgumshoe.com

     

    On Oct 15 02:43 PM doubleguns wrote:

     

    > OG I can not figure why it did not come up earlier. It is there now
    > that I put in that symbol. Thanks. Looks good but need a pull back
    > to get in.
    >
    > They are in the right area of the country doing business with the
    > right people. Mainly China and they are very well diversified in
    > their offerings to include waste water. Will have to look a bit more
    > into it.
    >
    > Thanks a bunch.
    15 Oct 2009, 03:19 PM Reply Like
  • On Oct 14 01:57 PM Mayascribe wrote:

     

    > Wouldn't ya know it, I make a post about GWM and boom! down goes
    > the stock.<

     

    Hahaha! I wouldn't let that bother you Mayascribe. Been there. Done that! My brother and I were (I say were because he's in heaven now) always joking about which of the two of us were the "king of the crow eaters".

     

    Having said that, I'll take a chance like you did and let my friends here on SA know about a company that has really peaked my interest as of late. Right off the bat, I'll disclose that I bought a few shares recently. I have no agenda other than to let my friends here on SA know about this gold play while it's in its earliest stages.

     

    Osisko Mining has a project called Canadian Malartic that's just getting started, and in my humble opinion it's the most exciting mining play out there, certainly that I'm aware of. Their gold deposit, near the town of Malartic, Quebec (proven gold territory) is so far shown to be the largest gold deposit in Canada and possibly the entire planet. A little more exploration (which is ongoing) will determine if it's indeed the largest in the world, and Osisko owns 100%. Not a bad stake to say the least. They're currently in production of some buildings that they're donating to the town of Malartic as well as the mining building itself. The company's not fooling around, this project is moving forward without further ado.

     

    www.osisko.com/en/

     

    The stock price has recently undergone a small correction, so hopefully it won't go "boom" as GWM did for Maya. No worries Mr. Scribe, the fact that you admitted what happen removes the curse. The value of GWM will now carry on upward. lol

     

    I hope this info is of valuable to anyone interested.
    15 Oct 2009, 04:51 PM Reply Like
  • HTL-

     

    That's exactly what we were thinking. Portable or modular systems that could be setup onsite. Small enough as to not require special permits to get it there would of course be a big plus as well. We still have some a little more homework to do. One thing is for sure there is going to be a S&#$ load of water that needs to be treated.

     

    We are still looking into the possibility of setting up a larger stationary plant with a rail spur as well.
    15 Oct 2009, 07:16 PM Reply Like
  • Albertarocks---I think that is the kind of stuff these guys like to see posted on these Instas.

     

    On Oct 15 04:51 PM Albertarocks wrote:

     

    > On Oct 14 01:57 PM Mayascribe wrote:
    15 Oct 2009, 07:40 PM Reply Like
  • I am going to take a look at that Rocks. Thanks.
    15 Oct 2009, 08:02 PM Reply Like
  • seekingalpha.com/artic...

     

    Previous article on this company from Albertarocks.

     

    Looks interesting. Possible takeover target.
    15 Oct 2009, 10:56 PM Reply Like
  • On Oct 15 08:02 PM User 283977 wrote:

     

    > I am going to take a look at that Rocks. Thanks.<

     

    You're welcome! I forgot to mention that today I received an email from a nice lady at Osisko to which she'd attached a .jpg. It was a photograph taken Oct. 4th which shows the steel framework of the actual mining building currently under construction. As well, in the background I can see the foundations for what she describes as the SAG mill and the 3 ball-mills. So construction is currently going full steam ahead. On their website, I've also discovered some very nice flash animations that you can see, depicting exactly what the plan is for the next 16 years. Very impressive. I'm particularly interested in this company not only because of the sheer size of the gold deposit, but also because all permits are in place and they have nothing but green lights.

     

    One analyst I read said that if gold hits $2,000, this stock would be an 11 bagger. Man, that's something that gives me a boner as in bonerfide interest.
    15 Oct 2009, 10:58 PM Reply Like
  • Hey rocks is that your kayak? Its beautiful!!!
    15 Oct 2009, 11:00 PM Reply Like
  • On Oct 15 11:00 PM doubleguns wrote:

     

    > Hey rocks is that your kayak? Its beautiful!!!

     

    No, admittedly it's a picture of a handmade cedar kayak that somebody else built. I've been meaning to build one but unfortunately I don't have the facilities although I'm certain I have the talent and I've studied about exactly how it's done.

     

    I have the interest in it because my daughter was a world class rower and watching her glide across the water with such power and grace both at the same time was spellbinding. She's also an adventurous little monkey (I shouldn't call her "little" when she's 5'11") and one summer she just picked up a kayak and took off on a 16 day , 700 km. journey down the Yukon River just because she wanted to see Robert Service's cabin. What a kid! But thanks for the compliment. When I build a kayak I take you for a ride. lol
    15 Oct 2009, 11:12 PM Reply Like
  • No. I'm really not knowledgeable about this specific technologies. But my thinking is that whatever technology was used, it should solve (to a great degree) the environmental issues and reduce water consumption. Part of that same thought process was thinking of ways to retrieve the water from the fractured shale to solve the remaining environmental issues.

     

    I posted one hare-brained idea as a starter thought, but that's as far as it got.

     

    HardToLove

     

    On Oct 15 02:40 PM optionsgirl wrote:

     

    > HTL- Are you talking about reverse osmosis systems?
    16 Oct 2009, 06:20 AM Reply Like
  • I was biased to the modular for several reasons.
    - Possible to design such that modules can be carried on multiple flatbeds w/o special permitting.
    - Can be scaled to fit a particular project size, possibly making larger/smaller projects profitable through a wider range.
    - Possible to park flatbeds next to each other or "end-to-end" and just connect them together and provide poser and piping to/from the well drilling area, leaving them sitting on the trailers.
    - Can provide their own power with a Capstone (CPST) micro-turbine CHP unit configured to run off diesel or NG or bio-methane or ... (disclosure long (CPST)). These units are very rugged, long-service life do well in severe environments (a major customer is Russia for remote oil and gas wells), *very* low maintenance, "environmentally friendly" and efficient. They have remote monitoring built in with "internet" capability, so a even cell phone with internet access (coming to the forefront now) probably can provide connection in remote areas (dependent of course on *some* sort of access to signal). They have a "standard container size" enclosure available for such applications.

     

    It seems to me that the potential market would extend beyond drilling activities. Temporary situations at waste treatment plants might also present opportunities, although I have *no* idea of what frequency of incidents or market size might be.

     

    HardToLove
    On Oct 15 07:16 PM SAS70 wrote:

     

    > HTL-
    >
    > That's exactly what we were thinking. Portable or modular systems
    > that could be setup onsite. Small enough as to not require special
    > permits to get it there would of course be a big plus as well. We
    > still have some a little more homework to do. One thing is for sure
    > there is going to be a S&amp;#$ load of water that needs to be treated.
    >
    >
    > We are still looking into the possibility of setting up a larger
    > stationary plant with a rail spur as well.
    16 Oct 2009, 06:44 AM Reply Like
  • Since some of the participants here have warmly embraced the idea of at least looking at the Osisko play, I'll just add a few more comments about it that I haven't yet mentioned.

     

    You could consider me as a technical analyst when it comes to stock markets. I don't even know what fundamental analysis is other than that it's fundamentally important that I have coffee when I work.

     

    In Osisko's case, the fundamentals that I notice is the high concentrations in the ore, the fact that the gold find is gigantic, the fact that the mine is located on the actual boundary of an established town therefore giving incredible access to roads, the fact that it's in its infancy, but has indeed started, that all permits are in place, etc. That's not really fundamental analysis, but it's about the extent to which I do any fundamental analysis at all.

     

    It's the technicals I look at, and I haven't mentioned yet that the chart of Osisko looks fantastic. The biggest bonus for all of you who might be interested, is that there is a very, very solid price base at $6.50. If the price fell back through that, I'd eat your shorts. $6.50 is a level that took Osisko 4 attempts and 12 months to get through. Now that it's broken out, it went as high as about $9.15, and has retraced to a very solid uptrend line from which it bounced and sits at today's $7.70. So in my view, it represents what I think is a very low risk/high reward scenario.

     

    Again, I feel like you might think I have some sort of hidden agenda. I assure everybody, I'm just an excited investor and if some of you can benefit from this nugget, I'll feel great. So I'm being selfish here... I want to feel good about giving somebody a tip that works out, and this one will unless gold falls back to $500... because Osisko is reportedly making money at $350 gold. Incredible in my view.
    16 Oct 2009, 09:50 AM Reply Like
  • The change in the trading volume characteristics of GWM (GWMGF) over the past month are amazing….
    16 Oct 2009, 10:55 AM Reply Like
  • Rocks: Osika is really interesting. They have to move a whole town to make it happen, and apparently the residents are behind the project. From their website:
    • Development of a new 190 lot residential infrastructure;
    • Relocation of 87 homes to the new area, including 60 homes in 2008;
    • Initiation of construction of all institutional buildings to be replaced. The elementary
    school, the adult education centre and the day care facilities for which construction was
    launched in 2008, are expected to be transferred to the local authorities in late June/early
    July 2009.
    The Company has also purchased 82 homes in Malartic, concluded relocation agreements with
    the majority of residents of the southern sector and is working at finalizing the terms of the final
    agreements with the remaining residents.
    It is anticipated that the Company will complete the residential relocation program in 2009. It has
    committed to the residents of Malartic that the relocation program will be completed whether or
    not the Company proceeds with the development of the Project. The total relocation costs are
    estimated at $103 million of which $52 million has been expended to the end of March 2009.
    The Company has $1.5 million deposit in escrow to provide residents with a financial guarantee
    to ensure the finalization of the housing relocation.
    16 Oct 2009, 11:16 AM Reply Like
  • just had to start following...if nothing but for the 5 things on your profile

     

    cheers

     

    On Oct 16 09:50 AM Albertarocks wrote:

     

    > Since some of the participants here have warmly embraced the idea
    > of at least looking at the Osisko play, I'll just add a few more
    > comments about it that I haven't yet mentioned.
    >
    > You could consider me as a technical analyst when it comes to stock
    > markets. I don't even know what fundamental analysis is other than
    > that it's fundamentally important that I have coffee when I work.
    >
    >
    > In Osisko's case, the fundamentals that I notice is the high concentrations
    > in the ore, the fact that the gold find is gigantic, the fact that
    > the mine is located on the actual boundary of an established town
    > therefore giving incredible access to roads, the fact that it's in
    > its infancy, but has indeed started, that all permits are in place,
    > etc. That's not really fundamental analysis, but it's about the
    > extent to which I do any fundamental analysis at all.
    >
    > It's the technicals I look at, and I haven't mentioned yet that the
    > chart of Osisko looks fantastic. The biggest bonus for all of you
    > who might be interested, is that there is a very, very solid price
    > base at $6.50. If the price fell back through that, I'd eat your
    > shorts. $6.50 is a level that took Osisko 4 attempts and 12 months
    > to get through. Now that it's broken out, it went as high as about
    > $9.15, and has retraced to a very solid uptrend line from which it
    > bounced and sits at today's $7.70. So in my view, it represents
    > what I think is a very low risk/high reward scenario.
    >
    > Again, I feel like you might think I have some sort of hidden agenda.
    > I assure everybody, I'm just an excited investor and if some of you
    > can benefit from this nugget, I'll feel great. So I'm being selfish
    > here... I want to feel good about giving somebody a tip that works
    > out, and this one will unless gold falls back to $500... because
    > Osisko is reportedly making money at $350 gold. Incredible in my
    > view.
    16 Oct 2009, 11:34 AM Reply Like
  • On Oct 16 11:16 AM optionsgirl wrote:

     

    > Rocks: Osika is really interesting. They have to move a whole town
    > to make it happen, and apparently the residents are behind the project.
    > From their website:
    > • Development of a new 190 lot residential infrastructure;
    > • Relocation of 87 homes to the new area, including 60 homes in 2008;..............<

     

    Affirmative! This seems to be a love affair in the making with seemingly everybody solidly behind the company and the Malartic project. Here's a link to an interview that president and CEO, Sean Roosen did with BNN on Aug. 26th. It's in the video library of BNN at this address:

     

    watch.bnn.ca/commoditi...

     

    I'm glad you and others find it interesting :-)

     

    On a side note, I'm interested in looking at the chart of GWMGF that Mayascribe and 283977 are talking about but I can't seem to locate it. Can somebody please tell me what the trick is?
    16 Oct 2009, 11:37 AM Reply Like
  • On Oct 16 11:34 AM Mono wrote:

     

    > just had to start following...if nothing but for the 5 things on
    > your profile
    >
    > cheers<

     

    LOL! Thanks Mono! You're the first person to comment on what I've written in my profile. I have a bit of a wacky sense of humour and I'm glad you got a kick out of it. Cheers right back at ya :-)
    16 Oct 2009, 11:40 AM Reply Like
  • sorry i feel indebted to you as my profile is booboo (scientific terminology)

     

    me- ima young buck who pretends to know what he is talking about. backing is finance and ibanking for two years. started hedge fund but only with managed futures. not equity oriented so i can't contribute much in that arena. currency and commodity macro oriented. usually post on gold and dollar moves.

     

    you got a good group with these guys- thumbs up

     

    On Oct 16 11:40 AM Albertarocks wrote:

     

    > On Oct 16 11:34 AM Mono wrote:
    16 Oct 2009, 11:47 AM Reply Like
  • Rocks - try this link to see the chart…

     

    bigcharts.marketwatch....
    16 Oct 2009, 11:50 AM Reply Like
  • On Oct 16 11:50 AM User 283977 wrote:

     

    > Rocks - try this link to see the chart…
    >
    > bigcharts.marketwatch....;sid=0&amp;o_symb=...

     

    Bingo! Thanks Mr. 283977

     

    Wow, that chart look stellar too. I use StockCharts and they don't have it...yet. They're great in that if I ask them to add this chart to their database (which I'm going to do right now), they will (if they can do OTC stocks.. I'm not even sure!). Then I can analyze it a lot more closely, but at first glance..it's got "green" written all over it.

     

    I like it... thanks again!
    16 Oct 2009, 11:56 AM Reply Like
  • Albertarocks: No! You do. SA doesn't recognize this pink sheeter, yet (Great Western Minerals). Yahoo! Finance does. Here's access to Great Western's website: gwmg.ca

     

    Suggestion, Rocks: In Seeking Alpha's find/locate bar, type in "Jack Lifton."
    He's this site's rare earth elements (REEs) guru. Open his lastest article and you'll be updated in the comments section as to what's going on with this stock. All of Jack Lifton's articles and Instablogs are great and infomative reads. Drink a lot of coffee!
    16 Oct 2009, 12:06 PM Reply Like
  • On Oct 16 11:50 AM User 283977 wrote:

     

    > Rocks - try this link to see the chart…
    >
    > bigcharts.marketwatch....;sid=0&amp;o_symb=...

     

    Oh man! That chart has completed a 5 wave move up, followed by an 'abc' down. It couldn't be set up any better than this. Who found this, Mayascribe?

     

    I don't care about the fundamentals, I only care about the technicals (I say that respectfully, with the theory that all fundamentals show up in the charts). And if Mayascribe likes it, that's good enough for me, especially in light of the fact that the really good looking technicals certainly concur with his opinion. It might be a little low on volume, but my hunch would be that since it looks like it wants to break out, volume will likely pick up as well. This is a great find. Gotta go! I'm gonna buy some right now because this baby is primed.
    16 Oct 2009, 12:07 PM Reply Like
  • When I told you guys about Hyflux, I forgot to mention their water trust. But it is so thinly traded it is ridiculous. It is selling for .50 today, and it went up 2 cents, and it's up over 4%. Still, I think it is worth looking at and buying into. Ticker is HXWTF.PK

     

    Ok, got to share one more: LNDC Landec- maker of those little absorbent sheets that lies between the styrofoam pkg and the meat you buy, does seed coatings, banana packaging ( for Dole? Chicita? I can't remember!) really interesting stuff -packaging that helps food last longer, plus other applications.
    16 Oct 2009, 12:09 PM Reply Like
  • On Oct 16 12:06 PM Mayascribe wrote:

     

    > Albertarocks: No! You do. SA doesn't recognize this pink sheeter,
    > yet (Great Western Minerals). Yahoo! Finance does. Here's access
    > to Great Western's website: gwmg.ca
    >
    > Suggestion, Rocks: In Seeking Alpha's find/locate bar, type in "Jack
    > Lifton."
    > He's this site's rare earth elements (REEs) guru. Open his lastest
    > article and you'll be updated in the comments section as to what's
    > going on with this stock. All of Jack Lifton's articles and Instablogs
    > are great and infomative reads. Drink a lot of coffee!<

     

    God, this is awesome! Thanks Maya... one thing led to another and I found that the symbol GWG.V works with StockCharts. So I don't even have to ask them to add it to their database and I have full access to it right now.

     

    > Albertarocks: No! You do. <

     

    LOL. You know what? I'm finding that everybody in this room rocks. I actually found this spot because H.T.Love is a good guy and I've been following his work. That's what led me here and I couldn't be happier about it.
    16 Oct 2009, 12:16 PM Reply Like
  • OG: I'll look into your pick(s).

     

    DOW is down 100 points? No problem, my e-gamer portfolio is up, albeit fractionally, but up.

     

    Hard: If you read this, please go read your email. A request has been made.
    16 Oct 2009, 12:19 PM Reply Like
  • rgold invested in Osisko. So, there's another way to play that, with a royalty trust and get a little dividend income.
    16 Oct 2009, 12:27 PM Reply Like
  • Author’s reply » Rocks, I'm no techy and have know idea what a 5 wave move up or a abc down is but i couldnt agree with you more. That chart looks pretty "F"ing good.

     

    On Oct 16 12:07 PM Albertarocks wrote:

     

    > On Oct 16 11:50 AM User 283977 wrote:
    16 Oct 2009, 12:40 PM Reply Like
  • On Oct 16 12:27 PM optionsgirl wrote:

     

    > rgold invested in Osisko. So, there's another way to play that, with
    > a royalty trust and get a little dividend income.<

     

    And Albertarocks just bought GWG... for two reasons. To make Mayascribe feel a little better about his call that went "boom" (it was a good call in spite of that little burp... it's headed higher), and to make some money because its chart is really, really nice. The timing looks just great.

     

    Man, I found this room just in the nick of time! We're gonna make some money together here folks, I can feel it in my bone. What can I say Mayascribe, except thank you for the 'heads up' about Great Western!
    16 Oct 2009, 12:41 PM Reply Like
  • On Oct 16 12:40 PM ScroogeMcduck wrote:

     

    > Rocks, I'm no techy and have know idea what a 5 wave move up or a
    > abc down is but i couldnt agree with you more. That chart looks pretty
    > "F"ing good.<

     

    Indeed! A five wave move up (or down), followed by an 'abc' down is in reference to Elliott Wave theory. Some people swear by it and some people think it's malarkey. I find it very helpful but admittedly it's also often rather exasperating. If you want to learn more, the world's uncontested guru on the subject is Bob Prechter and he has a free tutorial here:

     

    www.elliottwave.com/tu...

     

    I'm not sure if you'll have to sign up in order to access it, but if you do have to sign up, you can sign up for free and then access this for free. Or maybe the link will work for you right now.
    16 Oct 2009, 12:46 PM Reply Like
  • Rocks: Don't thank me, thank Jack Lifton. Tonight, I suggest you read his articles and Instablogs here on SA. Lot's and lot's of amazing and strikingly revealing info on REEs. The man's truly a blessing to SA members. Another suggestion is to add everyone commenting in this column to your following list.

     

    OG: I tried to do some research on Hyflux. My cheapo trading platform only lists the stock; no other info, nor can I purchase shares. Yahoo! Finance is surprisingly the same drought of info. Liked the info on Hyflux's corporate website. I've added Hydrux to my watch list.

     

    Bonanza grade strike (AMNP) up another 7% today.

     

    Lunchtime for me.
    16 Oct 2009, 01:01 PM Reply Like
  • Scrooge: You've created a benevolent monster!
    16 Oct 2009, 01:02 PM Reply Like
  • Author’s reply » Maya, did jack lifton put u on GWM and if not has he expressed any opinions on it?
    16 Oct 2009, 01:08 PM Reply Like
  • Author’s reply » Maya, you were my inspiration.
    16 Oct 2009, 01:10 PM Reply Like
  • Duck: Fifty cents gets you a dollar Lifton's working on a summation article right now about his recent trip to China, where he gave three lectures. He returned, I think, last Thursday. I have been in email contact, and he was experiencing difficulty accessing SA; not sure if he can yet using his PC; I know he can access through his Blackberry.

     

    He popped on John Petersen's column yesterday.

     

    Thanks for the compliment!
    16 Oct 2009, 02:26 PM Reply Like
  • On Oct 16 01:01 PM Mayascribe wrote:

     

    > Rocks: Don't thank me, thank Jack Lifton. Tonight, I suggest you
    > read his articles and Instablogs here on SA. Lot's and lot's of amazing
    > and strikingly revealing info on REEs. The man's truly a blessing
    > to SA members.<

     

    I'm gonna do just that! Great idea.

     

    Another suggestion is to add everyone commenting in
    > this column to your following list.<

     

    Done! Another great idea, because I was able to take a glimpse already and can see where you and the other fine folks on this thread are participating. I can see that when I get time tonight to do a lot of reading, I'm going to get a lot of interesting tips and ideas. H.T.Love has been big into sharing and I see you folks do the same. I actually didn't realize that when I first came here yesterday and posted my thoughts on Osisko. I'm sure glad I did that.

     

    > Bonanza grade strike (seekingalpha.com/symbo...) up another
    7% today.<

     

    I hope you own it!

     

    I actually did buy some GWG today and it too finished in the green. It remains to be seen now if it's going to have one more little leg down to about .26 (which I suspect), or if it's going to carry on upward directly from here. The key price at the moment is .35. If it closes above .35 before heading lower, then it's not likely going to head lower. In that case it would very likely just head north towards .55 and beyond. In the event it does trip one more time and head to about .26, I'm not going to be worried one iota about it because that occurrence would also fit a pattern that says it would then be finished falling. I like this stock. Thanks again!

     

    Having said all that, I urge you to ignore me when I get to prognosticating. My crystal ball fell on the floor and rolled out onto the patio, over the edge and through the windshield of a police car. Ever since then I've been guessing.
    16 Oct 2009, 04:27 PM Reply Like
  • Rocks, dont worry about the crystal ball, mine turned out to be the bottom half of a corona bottle. It used to work when it had something in it. *hic**
    16 Oct 2009, 04:53 PM Reply Like
  • Maya and Rocks,

     

    For U.S. market and SA, use GWMGF.

     

    > Albertarocks: No! You do. SA doesn't recognize this pink sheeter,
    > yet (Great Western Minerals). Yahoo! Finance does. Here's access
    > to Great Western's website: gwmg.ca

     

    HTL
    16 Oct 2009, 05:10 PM Reply Like
  • Ok guys and dolls, I found another company that's kind of peaked my interest. I'm going to need a little help with this one because as I've admitted previously, I really don't know how to do "fundamental" analysis... and normally I don't care. That philosophy comes from my belief that no matter what happened fundamentally, it all shows up in the charts, and the charts in turn will have evolved into a pattern that is likely to give clues about how it will develop. But if anyone out there knows how to do a "quick" fundamental analysis, I'd sure like to know your thoughts on this one. I guess what I'm saying is that I don't want to bother anyone to any great extent:

     

    It's called China INSOnline. They describe themselves like this:

     

    NY, NY – July 1, 2009 – China Insonline Corp. (NASDAQ: CHIO) is pleased to provide the following Corporate Update and announce that the new corporate website is now operational at china-insonline.com China Insonline Corp. is aggressively positioning itself at the forefront of the growing Chinese economy by providing Internet & Media Services focused on the insurance industry.

     

    www.china-insonline.co...

     

    Since the company is basing their operations in China, I'm thinking it might be immune to any disaster that "might" happen in North America. Since I personally am very leery about these lofty levels in the NA markets (except for mines and maybe a very few others), I wouldn't mind being long an Asian stock like this one.

     

    What caught my attention is recent price action and volume metrics that strongly suggest that an explosion in price could be imminent. The charts suggest that it "could" turn into a 5 bagger in very short order.

     

    If any of you are interested enough to look at it, I'd be real interested to know what you think.
    16 Oct 2009, 11:13 PM Reply Like
  • Rocks, anything dealing with media or internet in China is a no go in my book. The govt is to unreliable in this area. That said it could have the blessings of the govt and be run by the chairmans son for all I know about the company. I would just look at something else in China. Brazil is really hot with a lot more freedom and less govt manipulation in my book. I would wait till after christmas since I think we might get a big turn just prior or after if the shopping season is a bust and that will effect chinas export market. Maybe not the media or internet but I dont know.

     

    That is my 30 second take without ANY DD or other info on the company.

     

    I will look at it later this weekend if I get a chance. I have been flipping back and forth between SA and TBP all night. Wife is studying for her state board estetician exam and I am obliged to be here to serve her beck and call. Make coffee, fill coffee, let dogs out, etc........ Very boring friday night.
    16 Oct 2009, 11:31 PM Reply Like
  • Guns, this isn't like Baidu. It's related to the chinese insurance industry and has on line quotes for insurance products. I'm going to look at it in the next few days.
    17 Oct 2009, 07:13 AM Reply Like
  • Rocks: May I ask where you found CHIO? Last week it was selling at .89 and then it had a huge run up with something like 6 mil shares trading hands and closed at 1.30 Friday.
    17 Oct 2009, 08:22 AM Reply Like
  • OG, this was my 30 second look info. "The Company has no other business operations other than those of Rise & Grow. Rise & Grow is an Internet services and media company focusing on the People’s Republic of China insurance industry."

     

    From Hoovers.com

     

    China INSOnline has made some nimble moves to get where it's at today. Formerly Dexterity Surgical, it filed for Chapter 11 bankruptcy in 2004 in an effort to reorganize its debt; it later decided to liquidate and sold its assets in 2006. The company operated as a shell until it completed a reverse merger with Rise and Grow Limited, a Hong Kong-based provider of IT services, and changed its name to China INSOnline. The company now focus its efforts on providing Internet services and media offerings to insurance providers in China, as well as acting as a licensed online motor vehicle, property, and life insurance agent generating revenues through sales commissions from customers in China.
    17 Oct 2009, 09:32 AM Reply Like
  • OG I think I see why the sudden surge. This from Market wire. Had to go to china and back to get this. Through China times business section back to Marketwire.

     

    China INSOnline Reports Net Revenues Advance 31% in Fiscal Year; Growth Led by Gains in Software Development and Online Advertising

     

    BEIJING--(Marketwire - October 14, 2009) - For its fiscal year ended June 30, 2009, China INSOnline Corp. (NASDAQ: CHIO), a rapidly growing integrated licensed insurance services provider, which operates soobao.cn, one of China's leading insurance services web portals, reported that net revenues advanced 31% to $17,976,529 from $13,735,376 in prior year, while net income grew 10% to $9,177,601 compared with $8,336,357 in the prior fiscal year. Earnings per share for the year ended June 30, 2009 were $0.23 on 40,000,000 weighted average shares outstanding as compared with $0.25 on 33,946,666 weighted average shares in the prior fiscal year.

     

    While the Company saw gains in each of its three reportable business segments, it cited the 51% increase in Software Development revenues as the main driver of fiscal year results, as this unit completed four major software development projects during the year, generating approximately $6.5 million in revenues. Additionally, the Company said revenues from Online Insurance Advertising -- representing 61% of total revenues during the year -- increased 19% to approximately $11.24 million as of June 20, 2009, while Insurance Agency revenues grew 65% to $510,332, following the Company's acquisition of Guang Hua Insurance Agency Company Limited ("GHIA") in October, 2008.

     

    For the year ended June 30, 2009, the Company said its Cost of Sales increased 62% to 12% of net revenues, or approximately $3.13 million, primarily as a result of higher amortization and an increase in business tax. The Company also noted that during the most recent fiscal year, selling expenses increased to 2% of net revenues, primarily in connection with the growth in the operations of its insurance agency company. It also recorded growth related increases in advertising and general and administrative expenses.

     

    The gross profit contribution of Software Development increased approximately $2.2 million, or 52%, to approximately $6.4 million during the most recent fiscal year, while Online Insurance Advertising gross profit increased approximately $1.45 million, or 16%, to approximately $10.33 million. The Insurance Agency generated a gross loss during the fiscal year of $225,047.

     

    Ms. Betty Xu, CEO of China INSOnline, stated, "In 2009, China has become the largest Internet market in the world, with an estimated 400 million users by year end, and our insurance website soobao.cn is becoming an increasingly important part of the landscape. Growing Internet use makes our site an ideal media for insurance trade professionals and insurance companies for concentrated advertising to potential insurance customers. Our plan is to steadily increase our brand popularity in the industry, to seek regional channel agents for ads and introduce Soobao to first and second-level cities across the country with an aim toward national distribution of direct-marketing of insurance."

     

    "To date," Ms. Xu said, "we also have provided website construction services to more than 7,340 insurance agents in the Beijing area and we fully expect to sustain our leading position by continuing to build our brand name."

     

    She added, "As a result of our acquisition of GHIA in 2008, we also are qualified to do business as an insurance agent throughout all of China. While insurance services to date have been a small fraction of our revenues, we are looking to expand this business and see insurance sales commissions as a vital business for profit and growth."

     

    Mr. Zhenyu Wang, Chairman of the Company, stated, "I believe we have been able to adjust the Company's strategies to reflect the ongoing changes in the economy. Property and life insurance offerings will continue to expand along with our focus on online auto insurance, which is operating in a strong growth environment as China's auto sales have resumed the double digit growth they experienced before 2008. While we believe our soobao.cn portal will continue to pave the way for future growth, we remain focused on supplementing online activity with a comprehensive chain insurance supermarket entity."

     

    About China INSOnline Corp.

     

    China INSOnline Corp., incorporated in Delaware and headquartered in Beijing, is a rapidly growing licensed insurance agency in The People's Republic of China. Representing major insurance underwriting firms in China, the Company offers online automobile, property and life insurance services through its industry web portal, soobao.cn. The Company's online platform also provides consumers, agents and insurance companies with online transaction capabilities, advertising, online inquiry, news circulation, statistical analysis and software development services. For more information, please visit china-insonline.com.

     

    "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:

     

    This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the Company's operations, financial performance and condition. For this purpose, statements that are not statements of historical fact may be deemed to be forward-looking statements. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, but not limited to, the impact of competitive products, pricing and new technology; changes in consumer preferences and tastes; and effectiveness of marketing; changes in laws and regulations; fluctuations in costs, and other factors as those discussed in the Company's reports filed with the Securities and Exchange Commission from time to time. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
    17 Oct 2009, 09:44 AM Reply Like
  • Rocks, I see no threat to China INSOnline Corp. from our Christmas season boom or bust. This company looks all internal to China. Pretty well insulated from the outside unless the whole world economy blows up.

     

    I suggest you wait till OG gives if a good look, she finds the damnedest things on companies.

     

    I would suggest you wait to buy after this most recent news too.... it has bounced up pretty good and will probably come down after the jubilation is over and stock price returns to a less than euphoric range over the next couple of weeks.
    17 Oct 2009, 10:05 AM Reply Like
  • On Oct 17 08:22 AM optionsgirl wrote:

     

    > Rocks: May I ask where you found CHIO? Last week it was selling at
    > .89 and then it had a huge run up with something like 6 mil shares
    > trading hands and closed at 1.30 Friday.

     

    Hey OG! I'm glad you're going to take a look at it and doubleguns suggests I wait until I hear what you have to say after you've done so.

     

    To answer your question about how I found it.... I use StockCharts and one of the features they offer to paid subscribers is a very powerful search engine that one can use to filter for stocks that fit certain criteria. The scope of what a subscriber can do with that criteria is vast, so I created some pretty convoluted queries based on technical questions. The actual scan that found CHIO was filtering for all stocks that had a certain type of activity in its 3 week moving average of price, combined with a weekly stochastic that still hadn't "broken out". What it came up with was a list 18 companies, all of which have "somewhat" interesting charts, but only 1/2 of which I'd even bother to look at any further, and only one that stood out from the rest and that one was CHIO.

     

    In fact, when I looked at a daily chart of CHIO for all of 2009, what stood out was that it took the same path as North American markets until summer. Remember how the markets made a little correction in the summer? That correction in my view was a joke because it had been manipulate or controlled to avoid a possible freefall. I was looking at the daily volumes and it turned out that half the shares trading were in banks using flash trading techniques and all methods of chicanery to support the markets. To say the pump jockeys were holding up the market would be an understatement, as witnessed by all the late day and late week stick saves we were seeing. That we "WERE" seeing... I think those days are behind us.

     

    Anyway, when the market corrected a little bit in the summer, CHIO corrected properly. If the North American markets looked like the chart of CHIO (which I think was insulated from the wizards) then I think that today we'd all be looking at a more realistic stock market that as of this weekend would be primed for a well justified and strong move upward. But thanks to the screwin' around by GS, JPM, BAC, et al, my view is that the market is either at a top or very nearly so. The action in the next two weeks will speak volumes about that topic, but with the internals breaking down, I believe we're headed lower... much lower than would have otherwise been necessary had the FED and its minions just let the market work as it should.

     

    OG, you mentioned the activity you saw in CHIO, with a huge spike in volume and price. That's partly what my filter was looking for. It's the type of action that foretells a possible massive breakout. Based on the chart pattern, I think that's what we're about to see. I'm tempted to buy it on Monday because it's just completed an 'abc' down on low volume, except for a big spike in up-volume in the last hour on Friday. This is the type of activity that should be making all of us drool.

     

    Unless you or somebody else waves a big red flag in front of my face before the weedend is over, I might dip into it on Monday.

     

    Thanks for taking the time to take a peek at it... I really appreciate that.
    17 Oct 2009, 11:10 AM Reply Like
  • On Oct 17 10:05 AM doubleguns wrote:

     

    > Rocks, I see no threat to China INSOnline Corp. from our Christmas
    > season boom or bust. This company looks all internal to China. Pretty
    > well insulated from the outside unless the whole world economy blows
    > up.
    >
    > I suggest you wait till OG gives if a good look, she finds the damnedest
    > things on companies.
    >
    > I would suggest you wait to buy after this most recent news too....
    > it has bounced up pretty good and will probably come down after the
    > jubilation is over and stock price returns to a less than euphoric
    > range over the next couple of weeks.

     

    Thanks for looking at this doubleguns. I really appreciate the report you posted. After reading it, I kind of like the story, but I'm still not that much wiser insofar as I don't know if they're making money or not. My mind (which is very mathematical) still kind of clouds over when it comes to balance sheets, etc. LOL!

     

    I like the idea that you too can see how this stock will very likely be insulated from "whatever happens" this holiday season. That's one thing I was hoping you'd say! I think it's an "all-China" story and I kind of like that, because when it comes to North American markets, at this time I simply can't bring myself to be long (except for mines).

     

    I hope you're havin' a great weekend.
    17 Oct 2009, 11:20 AM Reply Like
  • They are making money. Soobao.cn is an insurance agency/portal. They are marketing thru this agency and have about 85 agents online paying for ads. That is around 5% of their income. Their software arm is doing better and accounts for the bulk of their business. They are a US company registered in Delaware and their main office is in Hong Kong. I believe the Soobao part is mainland China. They have had some accounting issues. Their acct. is Weinberg.- let's just say not a big 8 and they appear to correcting their accounting problems. From what I read, I don't think we are talking about fraud type issues.
    The insurance targeted in China includes life, property and car. Very good place to be, since Chinese govt has mandated auto insurance. This company looks like it is for real.
    If you are doing a short term trade then jumping in Monday makes sense. If you are thinking long term, it's in the middle of a pullback after going up around $2.20.
    I can't find any info that would indicate the large spike is insider selling. Wait a day or two and if it is, they have to report it to the SEC.
    This doesn't look like a pump and dump. I would not be surprised if it is on someone's radar, and got a huge amount of interest from an investment publication, but the only one I found was from 2008, from Allen Stone. I looked on Stockgumshoe to see if Travis wrote about it, but it isn't in his 2009 list of investment report recommendations ( at least, not yet. I didn't find an article on it there).
    OK, this one looks promising.
    17 Oct 2009, 04:34 PM Reply Like
  • On Oct 17 04:34 PM optionsgirl wrote:

     

    > They are making money. Soobao.cn is an insurance agency/portal.....<

     

    Wow! You're my new girlfriend! I wasn't expecting 'that' to happen!!

     

    Thank you so much for looking at it and for giving such a great analysis. I love the fact that you know what to look for... what's important and what isn't.

     

    Yes, I see the correction it's made from the high of $2.18 or so. The fact that the correction has already taken a completed 3 wave form (down) and this week's surge is shaping up to be a classic 5 wave form (up) and considering that "overlap" has occurred... EW theory says this is a great time to jump on it. So I think I'll watch it on Monday and maybe.... just maybe. If it does fall a bit more from here (which I kind of doubt), it's very unlikely to fall far. I'll need to watch for a little bit more confirmation action, then I'll know with a pretty good degree of comfort.

     

    Thanks again OG... you're the bomb.
    17 Oct 2009, 04:57 PM Reply Like
  • Thank you too, Rocks.
    17 Oct 2009, 05:33 PM Reply Like
  • I was searching for news in a pennystock that I foolishly dumped too much money in and I came across this blog. The stock I was searching was Wataire (WTAR). It seems like the product is making traction and sales are increasing. After jumping in at 0.15 and watching it sink to under .10 I finally read the 10-K or something or other and realized that they had no marketing or distribution systems in place. So this may be long climb out of the hole or a quick plunge back to 0.001. Strongly considering selling and cutting my losses.
    However I do have a stock that I strongly recommend, Solos endoscopy SNDY. Their new product is a microendoscope designed for endoscopy of the breast ducts, ductoscopy. This will be the future standard of care in the diagnosis and treatment of breast cancer. The pps has spiked this week since a medical conference last weekend. It is still a bargain at 0.029 and should continue to climb much higher in the very near future.
    I am currently involved research for the Dr. Susan Love Breast Cancer Project. For more information visit
    www.dslrf.org/cnr/cont...
    17 Oct 2009, 06:41 PM Reply Like
  • YH, what are you up to!! A new cleavometer operating through the breast ducts??

     

    Can I help run it.PLEEEEAAAASSSSSSEEE...
    17 Oct 2009, 11:23 PM Reply Like
  • I don't know where else to find you people except here, unless I chase around trying to find you. lol

     

    Just wanted to say that BNN just reported that China has agreed to purchase a stake in MOL.TO (another REE play). I think you are all aware of Moly Mines, but I just thought I'd give you the heads up about that. Since Maya's the guy who introduced me to REEs, I suspect I'm late with this news, but what the hell, I want to contribute when I can.
    19 Oct 2009, 10:07 AM Reply Like
  • Rocks the daily chat is a good rally point.
    19 Oct 2009, 10:22 AM Reply Like
  • Quick chat, sorry. Not daily chat. Need.....More....Coffee!
    19 Oct 2009, 10:24 AM Reply Like
  • On Oct 19 10:24 AM doubleguns wrote:

     

    > Quick chat, sorry. Not daily chat. Need.....More....Coffee!

     

    You're losin' me brother. I don't know exactly what quick chat is. Do you mean instaposts?
    19 Oct 2009, 10:56 AM Reply Like
  • Albertarocks---You just posted there. OG's Quick chat insta.
    19 Oct 2009, 11:00 AM Reply Like
  • Gotcha! Thamks :-)
    19 Oct 2009, 11:14 AM Reply Like
  • Scrooge, wanna hear a stunner? The CBOT is now taking gold as margin for trades on any of it's products, including "gold", if you can believe that. In years past they'd accept treasuries and junk like that. It appears this would be an "admission"? Bodes well for gold though, that's a certainly.
    20 Oct 2009, 11:48 AM Reply Like
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