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  • Seabridge Gold +8% as new drill program begins at KSM [View news story]
    The KSM has been ongoing for 8 years, each year they drill a little more, they find some more trashy, low grade ore, and they add it to the reserves. So far, they have half a billion tons of extremely low grade ore that cannot possibly be mined without taking massive losses. The ore body is up in the mountains, far from civilization, and represents nothing but a totally uneconomic pile of rock. Maybe at $4,000 /oz gold and $10/lb copper they could make a little money. Big hat, no cattle situation, all hype, no action.
    Jun 10 03:16 PM | Likes Like |Link to Comment
  • General Electric: Strap Yourselves In And Prepare For Liftoff [View article]
    Here's an explanation: GE was bailed out by the government in 2008, to the tune of $182 Billion. Without that, GE might no longer exist. Truly a turkey with the attitude of an eagle.
    Jun 8 02:38 PM | 3 Likes Like |Link to Comment
  • General Electric: Strap Yourselves In And Prepare For Liftoff [View article]
    And the S&P 500 is up 50% since then, proving that neither AAPL nor GE have even kept up with the averages, and the only conclusion is that one of them is less bad than the other.
    Jun 8 02:30 PM | 2 Likes Like |Link to Comment
  • NQ Mobile Soars After Special Independent Committee Report: Here's What You Need To Know [View article]
    NQ Soars, claims the headline. So a few shorts covered and the stock went up to fill a gap. Where are we now, 10 bucks? That's a long, long way from the 'soaring' heights the stock achieved many moons ago, stock still down 60% plus. There's something rotten in the state of Denmark, to quote Hamlet, so cut the hyperbole and give up on this rotting carcass of a stock. Hi risk, low reward.
    Jun 5 09:06 AM | 3 Likes Like |Link to Comment
  • GM engineer tied to massive recall [View news story]
    In China, engineers whose shoddy work cause fatalities are often executed, gulp. In more civilized societies, those responsible for fatalities often live out their lives hounded by those morbid memories. I'm not sure which is worse.
    May 29 09:02 AM | 1 Like Like |Link to Comment
  • Durable goods rises 0.8% [View news story]
    The CORE should be highlighted, not the total. Transportation items are all over the map.
    May 27 10:15 AM | Likes Like |Link to Comment
  • FT: Errors place doubt on Piketty's theory about rising inequality [View news story]
    Maybe in the European data there is a little doubt about Piketty's theory but in the U.S. there can be no doubt. The U.S. data are solid and shows that wealth inequality is as wide today as it was in the Robber Barron's era. And this inequality results in an inefficient, unproductive, and very unfair use of capital.
    May 25 10:46 AM | 18 Likes Like |Link to Comment
  • Toyota and California prep for hydrogen car launch next year [View news story]
    Why not natural gas vehicles, after all most hydrogen comes from the deployment of natural gas as an originating fuel. IMO hydrogen has no future as a replacement for fossil fuels or electric - it is simply an energy carrier, not an energy source.
    May 21 12:57 PM | 1 Like Like |Link to Comment
  • Natural gas is Wall Street's bet on climate change [View news story]
    Can you explain to me how chemical fracking is 'green and clean'?
    May 9 12:16 PM | Likes Like |Link to Comment
  • NQ Mobile +6.4%; company says no wrongdoing found thus far [View news story]
    If NQ isn't a fraud it will still trade around these levels because it has no real way of generating revenue. Smoke and mirrors only go so far.
    Apr 30 09:02 AM | Likes Like |Link to Comment
  • NQ: You Can't Fool All Of The People All Of The Time [View article]
    Spooky, the Yahoo market cap of NQ is showing exactly $666.66 million this morning. In accounting, the devil is in the detail.
    Apr 15 09:13 AM | 1 Like Like |Link to Comment
  • NQ's Term Deposits: Too Many Problems To Be Believable [View instapost]
    Ever hear of Google Translate?
    Apr 14 05:14 PM | Likes Like |Link to Comment
  • Kitimat votes no to Northern Gateway pipeline [View news story]
    Smart folks up there in Kitimat, Enbridge has a long history of pipeline leaks. Only problem is, the vote was non-binding.
    Apr 14 08:10 AM | Likes Like |Link to Comment
  • Russia tightens squeeze on Ukraine with gas price rise [View news story]
    This implies Russia is squeezing the Ukraine deliberately. Nonsense, gas prices are rising everywhere, my gas cost here in Canada is set to rise 42% this month (Union Gas). Totally misleading headline.
    Apr 1 08:54 AM | 3 Likes Like |Link to Comment
  • Stocks poised for higher open after durable goods data [View news story]
    Dumb headline, implying the number drove the market rise. Futures were up BEFORE the durable goods number.
    Mar 26 09:23 AM | 1 Like Like |Link to Comment