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marpy

marpy
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  • Keystone pipeline decision delayed again, likely until after November elections [View news story]
    Long on Ideology and short on common sense! That is what we have in this decision. A couple of months ago he said he would make a decision in a couple of months and now we get more punting. This should bode well for the republicans during the mid terms.
    Apr 19 08:10 AM | 6 Likes Like |Link to Comment
  • Rio Tinto aims to resolve Oyu Tolgoi differences with Mongolia by September [View news story]
    Careful here as the GOM tends to talk a lot but then their actions indicate the exact opposite as to what they are saying. Real proof required here. And the real proof will be Rio Tinto's actions on this project.
    Apr 16 09:25 AM | Likes Like |Link to Comment
  • The Global Banking Game Is Rigged, And The FDIC Is Suing [View article]
    IMO - Unless you were one of the banks, you got to be dumb to play this game in the first place. A game in which since they set the rates, they (the banks) can rig it any way they want. The bankers came to town with the lure of maybe saving a few dollars down the road and the municipal and state bean counters swallowed it hook' line and sinker as the saying goes. same old story - when someone is trying to sell you something that's overly complicated, you are usually getting taken to the cleaners. And the banks seem to be experts at creating these complicated products. Even better - they actually let you win for a little while. ;-)
    Apr 15 08:05 PM | 1 Like Like |Link to Comment
  • Encana readies spinoff of its Alberta royalty lands [View news story]
    This spin off is being viewed quit favorably.

    http://bit.ly/1jIZv74
    Apr 15 07:30 PM | Likes Like |Link to Comment
  • Encana readies spinoff of its Alberta royalty lands [View news story]
    The expected spin off is supposed to have a market cap of around 3 billion so its no small deal either. ;-)
    Apr 15 10:46 AM | Likes Like |Link to Comment
  • Encana readies spinoff of its Alberta royalty lands [View news story]
    My understanding is that it is going to market buyers.
    Apr 15 10:44 AM | Likes Like |Link to Comment
  • Turquoise Hill Announces First Quarter 2014 Production and Provides Update on Project Financing [View article]
    IMO- The problem with TRQ and mining in general in Mongolia is still the government of Mongolia and their ultra resource nationalist mining minister. There is also a lot of corruption in the country and no protection for miners unless you have a big major like Rio Tinto on your side to help deal with the GOM and crooks. See what happened to Khan resources (covered in SA) to find out how wrong it can go in Mongolia without a Rio Tinto backing you up. And even with Rio Tinto - look at the problems that they have had with this project. TRQ has a world class project but some ways to go before they can get the true value out of it.
    Apr 14 07:32 PM | Likes Like |Link to Comment
  • Canadian Marijuana Stocks: Medican And IHMML Give Investors A Reason To Be Bullish [View article]
    most of the so called "medical users" in Canada are growing their own now so really - how hard can it be.
    Apr 11 08:37 AM | Likes Like |Link to Comment
  • Eleven Senate Democrats push Obama to approve Keystone XL [View news story]
    The oil will be produced regardless and so not approving this pipeline will have zero impact as far as positively affecting climate change is concerned. Not having this pipeline would actually be negative to climate change as the alternatives for transporting the oil are more carbon intensive and less safe and as well, the foriegn refineries that would be processing it are in some cases totally non regulated making it even worse.
    Apr 10 03:20 PM | 4 Likes Like |Link to Comment
  • Oil firms pay $630M in Pennsylvania drilling fees, critics say it's not enough [View news story]
    Texas has been doing this for so long that you wander why other state would not use them as a model when determining how to handle taxation of oil and gas. No matter how many people try to re-invent the wheel, it still comes out round!;-)
    Apr 9 08:11 PM | Likes Like |Link to Comment
  • The Market Looks At Ukraine And Shrugs [View article]
    The Market Looks At Ukraine And Shrugs- That's because America and Europe look at Ukraine and shrug. ;-) Any one want to guess at dictator Putin's next move!!
    Apr 9 07:52 PM | Likes Like |Link to Comment
  • Canadian Marijuana Stocks: Medican And IHMML Give Investors A Reason To Be Bullish [View article]
    Saw a documentary on this on the CBC television channel (Canadian TV). A company had leased part of the Hershey's plant there and was gearing up to grow medical pot. They were going to be employing 1000 people. At this point, I came to the conclusion that Canadian Medical pot short of a trading opportunity would be a bad investment for the following reasons:

    1) You are talking about growing what is essentially a weed (easy to grow just about anywhere with minimal work).
    2) Although the growers have legal protection, there is no patent protection or anything like that.
    3) Most of the people using pot for medicinal purposes are not covered by an insurance plan (government or other). Do not let them fool you Canada's Universal health care that they like to brag so much about does not cover prescription medication till you are over the age of 65 so you have to have a private plan that covers prescription medication or you are SOL.)
    4) Most of the people using the stuff medically now grow their own for pennies and can not afford the prescription price and I suspect that they will continue to do so.

    As for the Smith Falls plant with 1000 people, I suspect that couple of people working part time in an abandoned field could grow the same amount.

    As for Quality, monitoring and all that stuff - remember you are talking about a weed that once grown is basically dried out and whose sot after ingredient (THC) is not something a person can overdose on regardless of how much they smoke. If you use seeds from something that did the job before - you are going to get something that does the job again.

    It will be interesting to see what happens with these stocks.

    JMO
    Apr 9 12:22 PM | Likes Like |Link to Comment
  • Steel stocks rise as Cowen sees rebound in fundamentals gaining steam [View news story]
    Saying something is going to get better because the weather is getting better usually does not have much staying power. A trading opportunity - maybe.
    Apr 9 12:03 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Many problems with voting that way but the biggest one is that they never deliver! ;-)
    Apr 7 10:21 AM | Likes Like |Link to Comment
  • Enbridge to re-export Canadian oil via U.S., stirring controversy [View news story]
    Actually it has a lot to do with the fact that a lot of his policies are not good for the economy and America in general. He also seem to be incapable of getting anything done.
    Apr 5 02:47 PM | 2 Likes Like |Link to Comment
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