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marpy

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  • Cliffs pops 5.5% at the open as Credit Suisse turns bullish [View news story]
    Bullish on a dog that is a high cost producer about to wipe out all share holders equity????? They must need to unload or something????? Mind you its just a matter of time before some one bites on all the low quality assets Cliffs is trying to sell and we get a dead cat bounce!!! JMO
    Oct 22 10:52 AM | Likes Like |Link to Comment
  • 8 Major Reasons Why The Current Low Oil Price Is Not Here To Stay [View article]
    The big question in "Shale Land" is will the oil producers make the same mistake as the gas producers did a few years back and "keep drilling their brains out"??? Short term gain for long term pain??? Also it should be noted that a lot of oil sands producers are very competitive - CVE for example (steam injection based production) produces from the oil sands for well under $40 per barrel. Oil sands plants are capital intensive to build but once built are very long life with reasonable operating costs.

    Good Article with lots of info.
    Oct 22 10:46 AM | 5 Likes Like |Link to Comment
  • Encana Should Grow After Reshuffling Its Assets [View article]
    CVE is mostly an oilsands producer with refining capacity and some minimal gas production. There is considerable difference between oil sands production and the liquids and oil being produced by ECA. JMO
    Oct 21 05:56 PM | Likes Like |Link to Comment
  • Keystone pipeline alternative embroiled in feud that could kill the project [View news story]
    As the article in the Financial post shows, Gaz Metro, Enbridge and Spectra are just whining and do not have much of a leg to stand on as East coast storage is 100% full for the first time ever and TRP's line is running way below capacity. Their is a huge amount of U.S. gas available with in a short transportation distance which makes it far more competitive than gas that has to be shipped from western Canada. The regulators should see through the whiners scam fairly quickly. JMO

    Link Below

    http://bit.ly/1sKSyqG
    Oct 21 10:47 AM | 4 Likes Like |Link to Comment
  • BMO Fall Home Buying Report: Two Percentage Point Rise in Interest Rates Would Strain Affordability for Majority of Home-Buyers [View article]
    Duuuu no kidding?? 2% amounts to a 30 - 50% increase depending on the term. The reality in Canada is that housing is so overpriced in the big markets that price could drop by 30% or more and the builders could still make money and allow people to buy. JMO
    Oct 20 01:57 PM | Likes Like |Link to Comment
  • Opposition builds against TransCanada’s Energy East project [View news story]
    Gas Metro is just sour grapes. The conversion would actually lower prices as a lot of TRP's line is currently very underutilized and the fixed costs are included in the transportation charges. Also lots of US gas is available for the eastern Ontario and Quebec market.
    Oct 16 05:24 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Chinese CPI Slips To Lowest In Almost 5 Years [View article]
    No - everything is pointing to all the big players adjusting monetary policy so that deflation does not get any worse and gets better. ;-)
    Oct 15 08:24 AM | 4 Likes Like |Link to Comment
  • Turquoise Hill cuts Oyu Tolgoi's 2014 gold, copper production outlook [View news story]
    for the whole story:

    http://yhoo.it/11n77aG
    Oct 15 08:15 AM | Likes Like |Link to Comment
  • Stacking SandRidge's Mississippi Lime Against Encana's Permian-Focused Athlon Acquisition [View article]
    Yes and to that you need to add the quality of the team that will be developing these reserves and in Encana's case, you have a highly regarded team that will use their expertise to unlock a lot of value from the Permian acreage. The Athalon team was very good at assembling the acreage and now working with the ECA team, they will maximize the value this acreage delivers and shorten the time frame needed for it to do so. ECA is a big player, has been in the business a long time and knows what they are doing.

    Long ECA and JMO
    Oct 2 02:37 PM | 1 Like Like |Link to Comment
  • Turquoise Hill still in talks with Mongolia as finance deadline expires [View news story]
    Clarity from the GOM!!! Do not hold your breath! What the current GOM has accomplished so far has been to greatly reduce foriegn investment, economic growth, the value of their currency and any trust foriegn investors may have had.
    Oct 2 02:28 PM | Likes Like |Link to Comment
  • Stacking SandRidge's Mississippi Lime Against Encana's Permian-Focused Athlon Acquisition [View article]
    Encana's purchase of Athalon has a lot more to do with the proven potential of the rock they are buying than the current 30k/ day production. So the real question needs to be - what is the potential of the rock in the Mississippi Lime as compared to the Permian and how long will it take to prove up this potential?
    Oct 2 09:38 AM | 2 Likes Like |Link to Comment
  • Goodrich Petroleum: A Positive TMS Update [View article]
    Feltin is an analyst and has an opinion like you and I and many other analysts. Than does not make him right.

    JMO :-)
    Oct 1 08:35 PM | Likes Like |Link to Comment
  • What Permian Opportunity Did Encana Buy? [View article]
    Well Red, I would have to say that the concern is a red herring. ECA is a senior company with lots of drilling expertise and history. Drilling funds should be no problem.
    Oct 1 03:38 PM | 2 Likes Like |Link to Comment
  • Why Is ArcelorMittal Selling Off Its Stake In Gallatin Steel Company? [View article]
    Actually, based on what is in the last couple of reports from MT, 15 billion is the level of debt that MT wants to be at as they figure that this level is sustainable through out the steel cycle. As to why they sold their share of Gallatin - I really do not think the author has a clue.
    Sep 29 08:29 AM | Likes Like |Link to Comment
  • Cenovus: More Than Meets The Eye [View article]
    I am long CVE as they are a low cost producer with a very good growth profile and they have raised their dividends by about 10% every year since I have owned the shares. Excellent article on a very undervalued company.
    Sep 27 09:09 AM | 1 Like Like |Link to Comment
COMMENTS STATS
711 Comments
1,164 Likes