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User 195396

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  • U.S., Europe ready new energy sanctions on Russia [View news story]
    You have asked a serious question but resolution of this crisis is several levels above my pay grade. I do, however, have an opinion that what has been going on in State, Brussels, Kiev resembles play ground name calling amongst children, however serious it really is. Of course, the Western media is very happy to jump in and oblige. This is not to say that the same vicious propaganda is not going on in Moscow.
    However, the solution is not a military one, it has to be diplomatic and the will for a solution has to be present on both sides. The rhetoric, the bombast, the propaganda and lies, and indeed the sanctions do not contribute to an atmosphere whereby all responsible parties can sit down eye to eye and work it out. I read a lot of alternative press, I have long since trashed the talk shows and main stream media as it is more than useless, it is dangerous and at many times in the last few weeks and months, it appeared that they were hyping for a major war, perhaps nuclear-now that is insanity by definition.
    To my mind, expansion of NATO has been and will be the trigger for this crisis-no other way around it. Diplomats with some Russian expertise and knowledge of Russian history agree, e.g.Kennen, Matlock, Pickering, to name a few.

    I offer an extract and a link from a recent article by Matlock, who was the American ambassador to the USSR in the latter 1980's under Reagan and who sat in on conferences with Gorbachev whereby Baker promised that NATO would not be expanded when the USSR broke up.

    He writes:
    "Settlement on any terms while fighting continues seems most unlikely, so efforts to stop the fighting and meet the humanitarian needs of the people trapped in combat zones must take priority. Nevertheless, active negotiations to reach an overall settlement must proceed in order to improve the prospects for a cease-fire and the durability of one, if reached. The principles on which the civil war in Ukraine could be brought to an end and a government established that can provide effective rule for the entire country (minus, at least temporarily, Crimea) are well known to those familiar with the area and not blinded by partisan passions. They are, speaking broadly: (1) a commitment, embedded in the constitution, by Ukrainian political leaders to power-sharing that prevents the domination of one section of the country by the other; (2) a federal structure in function if not necessarily in name; (3) acceptance of Russian as an official language along with Ukrainian in regions with a significant number of Russian speakers—ideally in the entire country; and (4) a credible assurance that Ukraine will not become a member of a military alliance hostile to Russia, perhaps by requiring the vote of a supermajority as a prerequisite to joining any military alliance."
    An agreement among Ukrainians along these lines should be strongly encouraged by outside parties. It could be reached without necessarily agreeing on the status of Crimea, a question that could remain in legal limbo, subject to further negotiation between Ukraine and Russia in, one would hope, calmer times. It might eventually be possible to provide
    some face-saving for both Ukraine and Russia by agreeing to an OSCE-sponsored referendum in Crimea following a specified period of Russian administration."

    http://bit.ly/1nPAcQN
    (I recommend National Interest as providing realistic articles on both sides-far superior to the national rags.)

    The bottom line to me is that the Ukrainian people, yes also from the Eastern portion, must do this with some constructive assistance from the West and Russia. Up to now, I have been disgusted by the trash coming out of the spokes people in State. But who knows, maybe they too will stumble upon the way out of this mess, which to a large part has been caused by Washington and Brussels. What is the saying, the Americans will ultimately find the correct solution to a major problem but only after trying just about everything else.
    (I apologize to all for the length of this and wondering deep into the weeds of foreign policy and politics.)
    Sep 12 12:13 AM | Likes Like |Link to Comment
  • U.S., Europe ready new energy sanctions on Russia [View news story]
    Very astute comment! I cannot understand at all what the game plan is with these sanctions-do they actually believe that Putin will roll back his move on Crimea or allow the Russian population in eastern Ukraine to be slaughtered.
    It makes absolutely no sense and Europe is going to suffer more than Russia. No one is defending Putin's behavior but to my mind he has been relatively measured in his response and meanwhile the Ministry of Truth, er State Dept has been banging the propaganda drum to rival the days of the extreme depths of the Cold War. It is important to know your rivals and to try to understand his motivations but it is absolutely astonishing the garbage coming out of Brussels and the Ministry of Truth and Congress. It serves no purpose. Sorry, back to the energy markets. Sanctions are counter-productive and will not work!
    Sep 10 10:31 PM | 5 Likes Like |Link to Comment
  • Update: North Atlantic Drilling Sells 30% Equity Stake To Rosneft In Exchange For Onshore Drilling Assets In Russia [View article]
    NADL-article on CEO's attitude toward sanctions; practical, no political BS, business man's approach altho SDRL's mgmt does have some concerns about vendors being affected.

    http://on.ft.com/W1a7Gz
    Aug 31 06:36 PM | Likes Like |Link to Comment
  • Where Is The German Gold Anyway? [View instapost]
    If the Germans give up on getting this gold back, then it is their loss-if it were me advising Merkel, I would advise going to court. The trust between govts has long been lost. In my own uninformed opinion, the gold is gone. Moreover, I would not trust the oligarchy in the Fed to tell me the time of day let alone whether they still have the gold or not. It is a very depressing state of affairs in my country-I respect my country for what it once stood for but am deeply disgusted about the govt including the Fed.
    Aug 20 11:10 PM | Likes Like |Link to Comment
  • Understanding The Current Conditions In The Offshore Drilling Industry And Understanding Future Trends [View article]
    Excellent article-adds some balance to the high steria from the Street sell side commentary.

    Thanks.
    Aug 20 02:27 PM | Likes Like |Link to Comment
  • Pretium Resources: The Brucejack Project And Second-Quarter 2014 Results. [View article]
    Fun, the only doc I that have seen is the latest FS from PVG web site, which from a layman's perspective, seems to be well done. I-19,I-20 has brief discussion, half of waste rock and half of tailings will go into Brucejack Lake.

    I guess my main point is that the increased scrutiny will be part of the review/permit process and may slow or change things with possible additional cost. A comment on another SA article indicated that the new review will not be a big deal unless BC wants to really throw a wrench into the developing mining industry.
    Aug 19 12:00 PM | Likes Like |Link to Comment
  • Pretium Resources: The Brucejack Project And Second-Quarter 2014 Results. [View article]
    As noted on another article, this was only a matter of time: (Imperial Mine disaster review)

    http://bit.ly/1thM9lJ
    Aug 18 09:48 PM | Likes Like |Link to Comment
  • Update: Pretium Drill Results [View article]
    This was only a matter of time:

    http://bit.ly/1thM9lJ
    Aug 18 09:46 PM | Likes Like |Link to Comment
  • Update: Pretium Drill Results [View article]
    Hebba, do you have any concerns about the plan to dump half of the waste ore and half of the tailings into Brucejack lake-as a layman, not sure of the difference between waste ore and tailings but latest FS made separate comments about this in its discussion of the operations of the underground mine. Brucejack Lake reportedly has no fish but it may still be a problem.

    The disaster at Imperial Mine will certainly raise the bar for permitting.
    Aug 13 02:12 PM | Likes Like |Link to Comment
  • Pretium Resources: The Brucejack Project And Second-Quarter 2014 Results. [View article]
    http://bit.ly/1vIy4mK

    Exercise of over allotment=positive reception of secondary by market;
    good comments, fun, ernie-tend to believe that the AISC number is low but need to wait for more progress, data;
    still somewhat concerned by the plan to dump half of waste ore and half of tailings into Brucejack lake.
    Aug 13 01:49 PM | Likes Like |Link to Comment
  • Pretium Resources: The Brucejack Project And Second-Quarter 2014 Results. [View article]
    Fun, thanks for the article. I have been in and out on PVG-I think the emphasis on your article, however, should be on "speculative."

    Have you a view as to how they are going to finance the $747 mil capex?

    Have you a view as to the impact on permitting in light of the disaster at Imperial Mine in BC. I have seen the comment that there is no fish in the lake many times but I have to say that the Imperial Mine disaster will definitely add fuel to the environmental fires and concerns.

    http://bit.ly/1pnMJ1L
    Aug 11 08:35 PM | Likes Like |Link to Comment
  • Here's Why The Time Is Right To Invest In Pershing Gold [View article]
    Not sure if this info has been noted but PR released 7/31 indicated $12.2 mil raised in private placement. It appears that Hoenig and Frost purchased small amounts and other accredited investors took the balance but I have no definitive info on this other than what I see on Yahoo msg board and I would prefer not to rely on that.
    Aug 4 06:20 PM | Likes Like |Link to Comment
  • Pershing Gold: The Other Side Of The Coin [View article]
    Thanks for the "other" view on this stk-I have watched from the sidelines for a number of months, primarily because it was promoted in SA articles with so much enthusiasm and optimism by as you say a couple of authors. The supporting comments and articles have dropped off noticeably and the stk simply has not moved off ~$0.35. This process in my mind to bring this to production is a long way down the road.
    Jul 22 11:22 PM | Likes Like |Link to Comment
  • Nevsun Resources Has A License To Print Cash [View article]
    I've looked at this stk several times over the last few years and never made the commitment, primarily based upon uncertainty about copper market and more importantly, about the geopolitical risk. The govt in Eritria does not exactly get high marks in the international community and to this day, seems to be very much a pariah.
    http://bit.ly/1r6vhkf
    Nevsun itself has had its own share of problems:
    http://bit.ly/1r6vhAD

    Just saying, will prob stand aside and watch for a while.
    Jul 12 02:27 PM | Likes Like |Link to Comment
  • CYNK Technology: Promoters Push Market Cap To $655 Million Despite $39 In Assets And No Revenue; 100% Downside [View article]
    No, not wrong at all-this is indeed a pump and dump but with a different twist.
    See this article and the one issued today:
    http://seekingalpha.co...

    All of this now may be irrelevant since it is suspended-will wait to see what final action the SEC takes. prob will revoke registration.
    Jul 11 02:20 PM | Likes Like |Link to Comment
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361 Comments
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