Outstanding Capital Efficiency at BPZ Resources [View article]
Mr Altendorf eagerly asks 'how much oil the company is producing". Here is an 6/9/08 update from BZP:
<< The Company also announced that its Floating-Production-St... (“FPSO”) vessel, the first in service in the history of Peru, is now in position near the CX-11 platform and is being prepared to receive production from the platform. Now that the necessary transportation clearance has been received the Company expects to ramp-up production to approximately 6,000 barrels of oil per day (“bopd”) towards the end of June, approximately a month later than previously projected. >>
They sound pretty confident about 6,000 barrels per day figure.
Shouldn't that count more than quoted old data from 1970's ???
BPZ Resources Takes a Giant Step into the Big Leagues [View article]
Mr Altendorf should immediately advise Shell exploration that they are barking up the wrong tree. Why bother with BZP since all they have is "adverse geology and rusty platforms - and Monte Carlo fantasy".
Perhaps Mr Altendorf can save Shell from wasting 300 mil !
The Best Safe-Haven Investments, and Some Potential Threats [View article]
Hi Mark,
While I am at it, I remember you mentioning cobalt as another inflation hedge metal. I am aware of only two cobalt miners and am wondering whether you have any opinion on them. Geovic Mining (GMC.TO) is starting up very large cobalt mine complex in Cameroon and Fortune Mineral (FT.TO) has a cobalt/ lead/ gold mine in Canada. FT also have a coal deposit. Do you follow these companies? Like most junior miners, they are very out of favor right now.
The Best Safe-Haven Investments, and Some Potential Threats [View article]
Thanks Mark,
Thanks for your response! I really appreciate your research. You are one of 3 analysts that I bookmarked and read regularly. Keep up the good work!
I don't know why some are so hostile to your writing. Why don't they make detailed counter arguments? The we can learn something from their opposition. Perhaps they don't like the black cowboy hat? LOL
The Best Safe-Haven Investments, and Some Potential Threats [View article]
Platinum price may be affected by this news from Japan:
Mitsui Mining new autocatalyst uses silver, not platinum Wed Apr 23 07:47:18 UTC 2008 TOKYO, April 23 (Reuters)
- Mitsui Mining and Smelting Co Ltd said on Wednesday it has developed a new catalyst for diesel engine cars that replaces the use of platinum with silver, a less conventional but much cheaper metal.
"Silver will totally replace platinum in this new autocatalyst that we've developed," a company spokesman said. By substituting platinum with silver, the cost of precious metals in the production of autocatalysts, which clean car exhaust fumes, would be cut by more than 90 percent, the company said.
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Latest | Highest ratedOutstanding Capital Efficiency at BPZ Resources [View article]
<< The Company also announced that its Floating-Production-St... (“FPSO”) vessel, the first in service in the history of Peru, is now in position near the CX-11 platform and is being prepared to receive production from the platform. Now that the necessary transportation clearance has been received the Company expects to ramp-up production to approximately 6,000 barrels of oil per day (“bopd”) towards the end of June, approximately a month later than previously projected. >>
They sound pretty confident about 6,000 barrels per day figure.
Shouldn't that count more than quoted old data from 1970's ???
BPZ Resources Takes a Giant Step into the Big Leagues [View article]
Perhaps Mr Altendorf can save Shell from wasting 300 mil !
The Best Safe-Haven Investments, and Some Potential Threats [View article]
I have been a long term skeptic of 'hydrogen economy' myself. Thanks for sharing your research.
The Best Safe-Haven Investments, and Some Potential Threats [View article]
While I am at it, I remember you mentioning cobalt as another inflation hedge metal. I am aware of only two cobalt miners and am wondering whether you have any opinion on them. Geovic Mining (GMC.TO) is starting up very large cobalt mine complex in Cameroon and Fortune Mineral (FT.TO) has a cobalt/ lead/ gold mine in Canada. FT also have a coal deposit. Do you follow these companies? Like most junior miners, they are very out of favor right now.
The Best Safe-Haven Investments, and Some Potential Threats [View article]
Thanks for your response! I really appreciate your research. You are one of 3 analysts that I bookmarked and read regularly. Keep up the good work!
I don't know why some are so hostile to your writing. Why don't they make detailed counter arguments? The we can learn something from their opposition. Perhaps they don't like the black cowboy hat? LOL
The Best Safe-Haven Investments, and Some Potential Threats [View article]
Mitsui Mining new autocatalyst uses silver, not platinum
Wed Apr 23 07:47:18 UTC 2008
TOKYO, April 23 (Reuters)
- Mitsui Mining and Smelting Co Ltd said on
Wednesday it has developed a new catalyst for diesel engine cars that replaces the use of platinum with silver, a less conventional but much cheaper metal.
"Silver will totally replace platinum in this new autocatalyst that we've developed," a company spokesman said.
By substituting platinum with silver, the cost of precious metals in the production of autocatalysts, which clean car exhaust fumes, would be cut by more than 90 percent, the company said.
www.edrsilver.com/i/pd...