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  • Hecla Mining: What To Expect In 2014 [View article]
    I have heard enough! Between the banksters and the highly paid CEO I can see no reason to keep this stock to enrich the likes of them. Watching for good exit point. Remnant
    Feb 25 09:04 PM | 2 Likes Like |Link to Comment
  • A freeze on Chevron's (CVX) funds in Argentina would not include future investments the company would make in the country, according to a lawyer for the Ecuadorian plaintiffs in the case behind the freeze. The stance could indicate a softer strategy against CVX in Argentina, where CVX is pursuing a proposed $1B deal with YPF to develop the Vaca Muerta shale formation. [View news story]
    " ...would not include future investments the company would make in the country" Famous last words! Like the government has enough credibility to tell that LIE and get away with it! CVX would be CRAZY to invest another penny if they cannot get a fair settlement of the current problems.
    Apr 2 08:07 AM | Likes Like |Link to Comment
  • Who's in charge here? In what appears to be a complete thumbing of their collective noses at regulators, oil companies are saying "no thank you" to rules requiring them to register as dealers if they trade more than $8B in swaps/year. Not one energy major has joined the roughly 70 investment banks who have subjected themselves to tight oversight by registering. [View news story]
    I'm all for regulating derivatives (better late than never) but banks are doing it with "other people's money" and on outrageously slim capital. Oil companies are not "too big to fail" so they don't need to be lumped in with the banksters.
    Apr 2 02:32 AM | Likes Like |Link to Comment