Seeking Alpha

marpy

marpy
Send Message
View as an RSS Feed
View marpy's Comments BY TICKER:
Latest  |  Highest rated
  • 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, 2014. 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, 2014. 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, 2014. 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, 2014. 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, 2014. 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, 2014. 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, 2014. 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, 2014. 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, 2014. 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, 2014. 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, 2014. 09:09 AM | 1 Like Like |Link to Comment
  • Why ArcelorMittal Is Not As Bad As Wall Street Believes [View article]
    Their cost of producing Iron ore is still lower than the market price and they produce a lot more steel than they do Iron ore.
    Sep 25, 2014. 04:04 PM | 1 Like Like |Link to Comment
  • Turquoise Hill completes Mongolia mine feasibility study, confirms lower taxes [View news story]
    What the government reduced was the amount of money in its shakedown attempt (not taxes) from 130 million to 30 million). This government has proven over and over again that it can not be trusted as it has a history of changing its mind and asking for more. As far as TRQ and the Olyu Tolgoi project is concerned, we may not see anything much happen till after the next election in 2016 when hopefully this government will be history.

    JMO
    Sep 22, 2014. 04:33 PM | Likes Like |Link to Comment
  • Oyu Tologi Receives Decision From Mongolian Tax Authority [View article]
    so the GOM has lower the shakedown amount from 130 million to 30 million. In the end, its still a shake down. Question is will Rio Tinto accept the reduced amount? The problem with accepting it is that it represents a precedent for future shakedowns from the GOM. The only predictable thing from this government is that they will always ask for More.
    Sep 16, 2014. 08:33 AM | Likes Like |Link to Comment
  • Uranium spikes as Cameco shuts world's largest producing mine [View news story]
    Cameco and others have lots of inventory and so you will not see any shortage for quite a long time if at all. Its actually positive for Cameco as they can sell uranium with a minimal payroll to worry about.
    Aug 29, 2014. 11:14 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
992 Comments
1,978 Likes