rughetta

3 Comments

    • Corning: Looking Very Cheap [view article]
      Weekly TA,

      Is that just a guess or do you have any data to support your statement?

      Rughetta

      Disclosure: I am neither long or short GLW
      Sep 05 09:11 AM
    • Something's Brewing at Oilsands Quest Inc. [view article]
      DDyer,

      The price of in-situ recovery of bitumen vary with the price of natural gas (which is used to fire the boilers), the availability of a continual source of water (river rather than lake), royalty taxes (provincial government controlled) and any environmental fees for use of water (various government controlled). I remember a number a few years ago of somewhere between $40 to $50 per barrel but that was before a lot of changes occured in natural gas prices and government regulations. I would guestimate that it may be up about 50% since then but that is just a guess. It is a profitable way to recover bitument (Suncor has been doing it for years) and can be more ecconomical than mining because the environmental fees and provincial taxes are lower for in-situ recovery. I have read that the recent renegotiation of Alberta's royalty taxes retains favorable tax treatment for the in-situ recovery operations.

      Sorry I didn't have more specific numbers but I hope this helps a bit.

      CAVU,

      Rughetta
      Jun 16 08:58 AM
    • MEMC Electronic’s Problems Continue with Latest Earnings [view article]
      If the majority of investors have no idea what the 200 DMA is, how can it be relevant to investor sentiment regarding whether or not WFR's polysilicon production problems are temporary? If anyone can show a mechanism (not simply a correlation) that directly links investors thinking that the polysilicon problems at WFR are not temporary to the movement of the stock price below such an arbitrary number (e.g. why the 200 DMA and not the 184 DMA?), please post it here to help me to understand your reasoning.

      CAVU,

      Rughetta
      Apr 28 02:56 PM
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