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  • Is There Any Hope Left For Taseko Mines? [View article]
    Without a dividend yield and without daily headline grabbing "double digit China economic growth story" Taseko stock is a volatility play by speculating investors so buy it on the dips and sell the peaks on news releases.... Given its spectacular downfall from $7 per share just 4 years ago, investors have been massive screwed (myself included), along with all other Canadian mining equities.
    Nov 27, 2015. 01:45 PM | 1 Like Like |Link to Comment
  • Asanko Is Ready To Start Commissioning Its First Gold Mine [View article]
    I worked for Asanko when it was Keegan Resources in Ghana the Eassase deposit is truly amazing surface veinous gold in the form of quartz veins embedded in heavily weathered laterite soil. I recall going up to a hillside where an excavator was digging and the chief geologist grabbed a quartz chunk off the ground and pointed that there was visible gold flecks in it. The local villagers (men, women and children) spend their days panning, sluicing and scooping up and bagging the orange soil and pond sediments for the gold content.
    Nov 17, 2015. 04:45 PM | 3 Likes Like |Link to Comment
  • Boardwalk Real Estate Investment Trust's (BOWFF) CEO Sam Kolias on Q3 2015 Results - Earnings Call Transcript [View article]
    Is there any explanation as to why Boardwalk REIT stock price is continuously under pressure on the downside for the last month, accelerating a downtrend for the past year from it's high at CAD$71.40 ? Dividend seeking shareholders have been feeling a "very cold chill" for a year now. I can understand that with the Canadian economy sagging there has been reduced revenues and difficulty expanding the income property base but the last 30 days has been nauseating to put it mildly with signs of panic selling.
    Nov 13, 2015. 05:47 PM | Likes Like |Link to Comment
  • Ignore The Market Panic - TD Bank Is A Buy [View article]
    I'm a Canadian investor long on TD. It has done well for me since 2011 when I bought it at CAD$84 and done a 2 for 1 split and annual dividend increases. Obviously US investors have currency risk. The overall outlook for the Canadian economy is actually pretty grim since resource commodity sector accounts for 20% of the Canadian economy and commodities prices have collapsed across-the-board with no sign of recovery as long as China remains in reduced-growth mode reducing demand for Canadian raw materials and energy. That being said, the Canadian economy is very elastic and the banks may yet surprise investors on the upside, having been much more tightly regulated than US counterparts. The biggest systemic risk I see is in the mortgage sector and if Chinese investment in the Canadian housing sector collapses, there could be some serious problems with Canadians dealing with "underwater" mortgages.
    Nov 13, 2015. 11:39 AM | 1 Like Like |Link to Comment
  • Scotaibank ordered to improve money-laundering controls [View news story]
    If it wasn't for bank assisted money laundering Canadian real estate in Vancouver and Toronto would be a lot cheaper.
    Nov 10, 2015. 10:36 PM | Likes Like |Link to Comment
  • Scotaibank ordered to improve money-laundering controls [View news story]
    If it wasn't for bank assisted money laundering Canadian real estate in Vancouver and Toronto would be a lot cheaper.
    Nov 10, 2015. 10:36 PM | Likes Like |Link to Comment
  • Is Valeant Headed For Financial Trouble Or Merely Ignorant Of Its Contractual Obligations? [View article]
    The "Tower of Babylon" effect: As the price goes higher retail speculators, day-traders and flash traders pile in accelerating the price increase way beyond rational valuation. Of course the latter two professional trader classes then exit out and short it leaving retail investors usual. Who was that joker playing stock analyst on BNN that said this stock has a long way to go ?
    Nov 6, 2015. 02:29 AM | Likes Like |Link to Comment
  • Royal Bank of Canada scraps mortgage limits on immigrants (Chinese) [View news story]
    However they finance it, foreign Chinese buyers have effectively propelled Vancouver housing into an unaffordable bubble for working-class Canadians trying to put a roof over their heads for themselves and their families. The population of Vancouver is now 40% "Asian" and they have substantial voting power including the influence on MPs to support or oppose federal immigration and taxation legislation in their favour. Wage-earning Canadians are being forced to allocate the majority of their income to buy a home in Vancouver or pay their Chinese landlords effectively making them economic slaves to their Chinese taipans. Furthermore many homes and apartments in Vancouver just sit empty. The Federal Government has either been bought, or sold out Canadians to the Chinese. At least Vancouver has the best Chinese food restaurants outside of China and Hong Kong....
    Nov 2, 2015. 09:27 AM | 3 Likes Like |Link to Comment
  • TransAlta: Environmental Regulations And Cheap Crude Make For A Perfect Storm [View article]
    I tried calling their investor relations in Calgary had to leave a message eventually some somewhat under informed young sounding woman called back but could not answer any questions in much detail. I'm out.
    Oct 27, 2015. 07:36 AM | 1 Like Like |Link to Comment
  • Ex-DoD boss criticizes EPA over handling of Pebble Mine [View news story]
    Doesn't matter anymore the Chinese aren't buying copper like they used to and the capitalist investor speculators are all out no more jerking around copper commodity price rigging. Pebble mine construction costs are onerously high and going higher so the economic feasibility is looking less and less attractive even if they got the mining permit. I worked for Northern Dynasty's parent management company Vancouver based Hunter Dickinson Group and visited the Pebble site during it's early exploration phases. Yeah the extend of the porphyry deposit is unknown and vast but it's an absolutely ugly place to live since it's cold dark and damp for 8 months of the year they would have to pay a crew fairly high wages to work up there plus transport costs in-and-out of crew, supplies and fuel not to mention building a road and overland and submarine power cable across Cook Inlet and a deep water port from scratch.
    Oct 8, 2015. 11:53 PM | 2 Likes Like |Link to Comment
  • Suncor Bids For Canadian Oil Sands: A Good Deal? Or Is Better To Come? [View article]
    I'm a big believer in the theory that crude oil prices are being held down deliberately to starve the Russians of financing for their military expansion. It was the unsustainability of military expenditures that collapsed the former Soviet Union. Russia has prospered and been able to finance their military expansion partly on high world oil prices and Obama and his cronies know it. I don't buy the story that the rapid collapse in WTI was due to oversupply (as much as I didn't buy the BS about "Peak Oil" a few years ago justifying the rapid rise in crude prices - it's all spin-doctoring American capitalist BS to any rational person.) Rather the drop in crude prices was an cleverly engineered takedown by the Americans. So as long there is conflict and tensions between the US and Russia meddling in each other's geopolitical interests I'm willing to bet that crude commodity prices will remain low.
    Oct 7, 2015. 03:06 AM | 2 Likes Like |Link to Comment
  • Will The Labor Market Bring Down GLD? [View article]
    This article is American capitalist speculator focussed. With the US sponsored take down of the Ruble earlier this year and the Chinese government ordered devaluation of the Yuan, Russian and Chinese physical gold bullion holders have done well to protect their wealth. Only American speculators continue to screw the gold markets with their bullshit ETF paper investments and nobody is presently falling for it.
    Sep 29, 2015. 10:56 PM | 2 Likes Like |Link to Comment
  • TransAlta cuts 239 jobs in second big reduction this year [View news story]
    More collateral damage from the big oil price shock. Troy decades the Alberta economy has depended on the artificially inflated oil prices. Now that the fast and easy money has gone you have to ask what remains to sustain the somewhat generous Alberta social benefits and the rest of their economy.
    Sep 29, 2015. 10:48 PM | Likes Like |Link to Comment
  • Has Suncor Energy Become Worth Your Investing Dollars? [View article]
    For American investors Suncor has the added risk of currency risk - nobody is buying the pre-election deception that Canada is not in a recession and getting deeper. Yeah Suncor can buy distressed assets but the dirty monster just gets bigger and uglier. (Disclosure I have an indirect interest in Suncor through Canadian large cap mutual funds)
    Sep 26, 2015. 01:21 AM | Likes Like |Link to Comment
  • Nervous equity markets and slowdown signs have gold on the move [View news story]
    A lot of investors have lost a lot of money on GLD within recent painful memory to play that stupid paper bet. Now is the time to accumulate physical bullion. US Golden Eagle and the Canada Maple Leaf have a $50 face value. If you can't hold it you don't own it.
    Sep 24, 2015. 03:43 PM | 8 Likes Like |Link to Comment