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Gigem77

Gigem77
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  • Is The Pendulum Swinging From Oil Back To Natural Gas? - Part 2 [View article]
    The focus on producer stocks is good. Too many SA articles are touting UNG/UGAZ as "investments". What's a sustained price increase in natgas? $4.50 beats the past 2-3 years, or is some much greater number implied?
    Apr 22 11:31 PM | Likes Like |Link to Comment
  • Chesapeake: Lower Production Outlook Not A Major Concern [View article]
    http://bit.ly/1juZIrr, compare actual achievement...
    Apr 22 09:13 AM | Likes Like |Link to Comment
  • More On Natural Gas, Answers To Your Questions [View article]
    Half of US homes are not heated by heating oil. http://bit.ly/1po57cC
    Apr 22 07:59 AM | Likes Like |Link to Comment
  • McEwen Mining: Best Performing Stock Of Any Junior Producer [View article]
    The article is about fundamentals. The discussion is about fundamentals. Daytrading is not investing.
    Apr 22 07:50 AM | Likes Like |Link to Comment
  • McEwen Mining: Best Performing Stock Of Any Junior Producer [View article]
    Capital controls add costs to repatriating money. You should listen more carefully. They have to pay to move the money. That reduces profits. Taxes on profits reduce profits. Endeavor Silver (EXK) is also in Mexico and they published a warning on this. Energy costs rose in 1st qtr. That's usually the #1 cost for mining companies. Rising costs reduce profits.

    You haven't read the Q1 2014 SEC filing either, because it won't be released until May 1. That's when their costs will be detailed. The operations report shows production FELL from Q4 to Q1. Did you understand what that means when you noted that they are holding back production? Did you notice that they are withholding production as gold and silver prices fall? Not only did they miss the opportunity to hedge near $1400, they didn't sell what they could at the higher prices and that will impact 1st quarter earnings negatively.

    Take your own advice and read the reports.
    Apr 18 08:24 PM | 1 Like Like |Link to Comment
  • Real Chance Natural Gas Storage Dips Under 1 Trillion Cubic Feet [View article]
    Every model was off. Rob Ry is posting two models, one that attempts to emulate the EIA model and a second one that he calls his capacity model. http://bit.ly/1eQtsTT Until the past 2-3 weeks his EIA model was closer, but look at the last few reports. He had 20 Bcf for yesterday's report using his capacity model.

    Next week that more conservative model is already at 37 with his EIA model at 61. Powerburn is at 67 this morning
    Apr 18 09:35 AM | Likes Like |Link to Comment
  • Real Chance Natural Gas Storage Dips Under 1 Trillion Cubic Feet [View article]
    Rob is already showing 60 Bcf on incomplete data. Powerburn shows 63.
    Apr 17 10:24 PM | Likes Like |Link to Comment
  • Real Chance Natural Gas Storage Dips Under 1 Trillion Cubic Feet [View article]
    Seriously? It's a 10 bcf difference over a week during a shoulder season. We are going to add between 2.5 and 3 Tcf to storage. 10 Bcf is immaterial. But everybody who shorted gas this week going into the report was caught offsides weren't they?

    Shoulder season - we have to transition over 400 storage sites from draws to injections. Many halt for testing and maintenance. Once they restart, some of the gas is used to increase linepack (pressure).

    Next week the injection will be double this weeks, the following week will be greater etc and we will get 3 digit injections every week in May.. stay tuned.
    Apr 17 07:19 PM | Likes Like |Link to Comment
  • McEwen Mining: Best Performing Stock Of Any Junior Producer [View article]
    They don't make money today and the mines "coming on stream" face capital controls in Argentina and a large new tax in Mexico. McKewen isn't mining in Canada anymore. Gold ran to nearly 1400 last quarter and MUX couldn't get to 4. But when gold gave back less than 10%. MUX gave back 40%. You will be waiting a very long time for a 10 bagger, lol.
    Apr 16 09:17 PM | 1 Like Like |Link to Comment
  • McEwen Mining: Best Performing Stock Of Any Junior Producer [View article]
    Look at the chart. http://bit.ly/1h53dDC
    Look at the last 5 yrs of losing money even when gold was spiking to 1900 and then look at the the price falling from 9 to under 2. http://bit.ly/1gIpHyo
    None of their metrics are worth a second glance.
    Don't forget to account for the new Mexican royalty on gold miners. MUX still has problems getting money out of Argentina. This is a very over priced junior that needs 1300+ gold to break even.
    Apr 16 07:15 PM | 2 Likes Like |Link to Comment
  • Halcon Resources: Strong Read-Across From Goodrich's TMS Result [View article]
    HK needs to live up to expectations now. Thanks Richard.
    Apr 14 02:25 PM | 1 Like Like |Link to Comment
  • Halc√≥n Resources: New Eagle Ford Wells Announced [View article]
    Very informative and helpful.. thx again Richard
    Apr 9 12:48 PM | 2 Likes Like |Link to Comment
  • Going Over Alpha Natural Resources [View article]
    A fair and balanced review - what happens to coal and ANR if natgas prices stay above 4 all year? 4.50?
    Apr 9 12:14 PM | Likes Like |Link to Comment
  • Failure to lift U.S. oil export ban may cause big drilling drop, Pioneer CEO says [View news story]
    We have an increasing supply of light crude moving to the Gulf region where the refineries are built to use heavier grades. Some of the oil will be blended, some moved by barge and rail to other US refiners. Some will be exported to Canada. VLO is paying a large amount of money to reconfigure one of their refineries to use the lighter crude. Despite all of those responses, more crude is available than will be used. It is more efficient and much more economical to sell the remaining surplus at world prices for light crude while continuing to buy the cheaper, heavier crude for our own use. It would help to repeal the Jones Act too and let foreign flagged vessels move crude around our coasts.
    Apr 8 08:44 PM | 2 Likes Like |Link to Comment
  • Real Chance Natural Gas Storage Dips Under 1 Trillion Cubic Feet [View article]
    Keep going through another cycle. It happens every year. You'll get it.
    Apr 3 07:22 AM | Likes Like |Link to Comment
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