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wwmeinc

wwmeinc
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  • Spyglass Resources: Undervalued With Strong Upside Potential [View article]
    Hivoltage, I got to run but if it was not for the problems of Dixonville and a very cold AB winter(that really affected every oil/gas producer) maybe Spyglass would have stayed closer to $2.00? Who knows really since that is water under the bridge now.

    Over the yrs there were so many great plays that for any number of reasons;cash flow,low commodity price(zinc),(coal)to name just two,dry holes,etc.....you name it and every investor has one or more stocks that became worthless in their eyes and most have moved on to other prospects.

    I can not and would never,ever predict how Spyglass is going to perform while they fix and re-hab the Dixonville pipeline system but I will wait them out and if the Dixonville comes back as strong as before and the Viking plays continue to work for them then I will stay around and collect a nice monthly dividend.

    This is a risky play and the author of this thread points this out. The wildcard of those running the show here not trying to create shareholder value, is really the further thing from my mind. You would have to wonder out loud why the CEO of Lightstream(LTS),David Wright just bought another 144,000 shrs at $1.55cad? And why would Clark Inc(CKI) controlling shareholder(Armoyan's) add to their already large(over 6.5M shrs) holdings in Spyglass?

    High debt and low netbacks....Ok, those are all known. The here and now is that Spyglass(SGLRF/SGL) is trading at 52 wks lows and whether the management should have or for some reason have predicted the Dixonville problem seems unfair. I am buying the prospect of better performance once the Dixonville is 100% back on line and contributing its ~3100 boe/d to the top line CF,which to me is the stabilizer of the operations.

    I have some patience and know the risks here and I am sure the company realize what they release to the public is read by all...and then re-read.

    ***Good trading HV...remember, shareholders do not run the company.
    Sep 6, 2014. 06:30 PM | 2 Likes Like |Link to Comment
  • Spyglass Resources: Undervalued With Strong Upside Potential [View article]
    Hivoltage, You seem to only want to bash up the management of Spyglass for no useful purpose other than you have alot,alot of free time on your hands.

    I suggest you read up on the available land Spyglass has available and then take a look at the other energy companies working the Field/Zone nearby.

    They have the Banff Zone(which is the new Cessford wells);Viking

    The Rainbow Field(field ofc would be High River,AB) has some big and small names working and drilling there now. This is the non-core properties I believe might get some attention. The target is the Keg River Zone and Muskeg Zone. You can take a look at ConocoPhillips and Strategic Oil and gas(sog)and Ouro Preto Resources(A sub. of Northern Petroleum Plc,listed on the AIM(NOP) in London). Here is a link for you

    - if your are interested northernpetroleum.com

    Anyways HV,you can sit here all day and play your game or whatever you think you are doing here but for investors who realize that if Dixonville had not sprung a leak or two Spyglass would not have dropped as much.

    Last link for those with a research bent and like to use an interactive map of the Cdn Western oil plays : http://www.boereport.com

    Good trading everybody.
    Sep 6, 2014. 03:16 PM | 2 Likes Like |Link to Comment
  • Spyglass Resources: Undervalued With Strong Upside Potential [View article]
    562000 net acres available to help reduce their debt. Non-core positions that would make a few of their neighbours take an interest in at the right price.

    High risk but sometimes you have to do your OWN DD and ignore alot of the noise calling out mgmt for failing to tell you to have a stop-loss position on.
    Sep 5, 2014. 09:31 AM | 2 Likes Like |Link to Comment
  • Spyglass Resources: Undervalued With Strong Upside Potential [View article]
    I suppose Hivoltage that is why companies such as Spyglass buy insurance coverage for just this situation; I understand you are here to keep potential investors away; Why do you find that to be your calling? Do you have some special insight on the company?

    Where did you pick up the Noel as being barely economic? What is it flowing at today? Do you have this number by chance? What else,nothing to say about the 3 Cessford wells being drilled,first one flowing 950 boe/d,must be worth something? Is that not the Viking you are complaining about? Their non-core asset properties might have some suitors or they might not but by looking at the map I am betting they will find some buyers which should reduce the debt load while the company waits for dixonville to resume,which if anybody is interested might be as good as new with the work being done.

    Hiccups happens along the way and dixonville might just be that hiccup and sometimes this presents a good buying opportunity for those with the cash on hand to take advantage. As in all companies anybody interested in spyglass or any other company would do themselves a favour and research and contact the company themselves instead of relying on anything posted on the internet;no disrespect to the SAPro article poster here or others,myself included. All the best.

    ****Yes the debt is high today but the non-core assets available for sale is a way out.
    Sep 4, 2014. 02:32 PM | 2 Likes Like |Link to Comment
  • Spyglass Resources: Undervalued With Strong Upside Potential [View article]
    Great comments. Curious as to the emphasis on 2013 numbers considering the operational problems that has occurred at Dixonville which was delivering around ~3100 boe/d to the CF. Have you heard if the problems they were having on this asset have now been corrected? This asset has still by the most recent nr from the company not been fully restored to its pre problem flows. Do you have some information or news on this asset. Seems an important fact.
    Sep 4, 2014. 11:22 AM | 1 Like Like |Link to Comment
  • Rexahn's Replacement For Eli Lilly's Gemzar Enters New Clinical Trial [View article]
    Venke....looking forward to reading her comments to your query this wknd... a bit more discussion regarding the "past" to help in understanding why RNN is a "changed" company all of a sudden... Jan.10/14 Thanks.
    Jan 11, 2014. 10:11 AM | Likes Like |Link to Comment
  • Low-Priced Stocks To Avoid: Round 3 [View article]
    Curious to what page or section of WIN's SEC filing, that points to the payout ratio being over 400%?

    Look forward to reading your explanation with figures to highlight your claim here. Thanks.
    Aug 12, 2013. 05:12 PM | 2 Likes Like |Link to Comment
  • Profit Off The Decline Of Telecom Through Shorting US Cellular [View article]
    Nicholas Pardini,

    Do you expect to see a short squeeze before your short trade kicks in.....or is that irrelevant to your ideal of just shorting USM?

    Thanks.

    wwmeinc

    May 15/13 Short Interest : 1,072,499

    Apr. 30/13 Short Interest : 1,095,160
    Jun 7, 2013. 02:59 PM | Likes Like |Link to Comment
  • Profit Off The Decline Of Telecom Through Shorting US Cellular [View article]
    Actually the ex-dividend date of June 7/13(today) was the key.....you just needed to be a holder of shares by the end of yesterday's trading day(key word is holder) to rec'd the $5.75 payout. His(Pardini) trade has/had merit....if he was able to find shares to short....the drop today seems to be a bit over the top but then this is what makes a mkt.

    Going for the dividend or going for the drop after the payout...seems to me to be two completely different strategies and one as we see today with price implications...just my 2 cents.
    Jun 7, 2013. 01:10 PM | Likes Like |Link to Comment
  • Does This Hot Biotech Still Have Legs Or Is It Time To Take Profits? [View article]
    There is no time like the present if you like what you see. Over-bought or not this trial is very nice and is why I bght in today. Am I late to this party? A day or two of trading will let me know either way.

    Good trading,

    wwmeinc
    Apr 3, 2013. 12:19 PM | Likes Like |Link to Comment
  • Uranium Stocks Are Too Cheap To Ignore [View article]
    The uranium train is moving.......supply/de... not be turned on a dime....there is also some Australian political risks being thrown about......all of which makes the case for the Cdn mills in SK....and the juniors in the area....mills need supply......

    This is a very good site for some research....remove Hathor and put in RioTinto....a basket approach reduces alot of the risks of the juniors....

    http://bit.ly/yZUNjq

    http://bit.ly/yZUNjq

    Good trading,

    wwmeinc
    Jan 16, 2012. 03:27 PM | Likes Like |Link to Comment
  • Uranium Stocks Are Too Cheap To Ignore [View article]
    Kwm3,
    I realize you are replying to Steven's post but I would just like to add that his(Steven) post makes sense from a long-term outlook but as RioTinto has just made a $650M investment in HAT.TO and they do not have a mill to process Hathor's ore which is very high grade,it makes the case that Mr.and Mrs.Public are looking away from nuclear energy while all along the giants of the mining world can see the future and nuclear energy is that future. All nuclear plants now and in the future will have to be built with extra safety features which is all the better for you and me and the planet.

    China wants to reduce its pollution causing coal fired plants and in order to do so they will need nuclear energy....and that fuel can be found in very good grades and in a very safe area in SK,hence RIO has made the first move and they and CCO will begin to consolidate the patchwork of projects and companies in this basin and this is where you can make some money.....buy a basket of small explorers.

    CCO backed down from HAT because RIO was ready and able to pay up.....and they might believe the present Cdn gov't(Conservatives) will repeal the foreign ownership rule in uranium production which would make good economic sense from a dollar and job view. The Cdn gov't is wide open for investments and uranium is no exception.

    Nuclear energy had a set back.....and that set back was erased when RioTinto took over Hathor.

    Just some thoughts/opinion and best of luck in your investments...short and long-term.

    wwmeinc
    Jan 10, 2012. 03:23 PM | 2 Likes Like |Link to Comment
  • Uranium Stocks Are Too Cheap To Ignore [View article]
    Hi,

    Cameco as the industry leader will always be considered the go to stock for uranium but as you have pointed out the uranium industry has been hit very hard from the Japanese earthquake last March and considering CCJ/CCO went after HAT with its initial low-ball bid then there would seem to be a very high percentage that they will go after other uranium explorers in the SK basin to gain control of as much of the mineral as possible.......small explorers such as UEX.TO and FDC.V which have their "hands" in so many of the projects in the basin should/might be something to look at from a consolidation point of view......the same goes for FIS.V.....which might in the short-term keep CCO/CCJ from gaining much traction from its lows. Cameco has opened the door for RIO to gain mkt share in the SK basin,which was always considered Cameco's domain.

    Just some thoughts/opinion.

    Good trading.

    wwmeinc
    Jan 10, 2012. 12:14 PM | 4 Likes Like |Link to Comment
  • The Best in Coal: 15 Stocks Worth Considering [View article]
    Take a look at Erdene Resource Dev. on the TSX ; ERD.TO It has a very nice Cdn East Coast Coal property that is about to be updated by its 75% partner,Xtrata. Very near a deep-sea port on Cape Breton Island,Nova Scotia.
    Erdene owns 25% of this coal property that has 300M in resource from a previous study done in the 80:s. The new Pre-feas. is about to be released sometime before the middle of Feb. according to the company.
    Seems like a good play at this time for coal and Moly.

    Just some info. Do your own research.
    Last price Friday Jan.21/11 $1.60 cdn
    Jan 23, 2011. 02:10 PM | 3 Likes Like |Link to Comment
  • Why Coal Story Should Not Be Ignored [View article]
    Take a look at Erdene Resources on the TSX ; ERD it is about to release its pre-feas on its 25% JV with Exstrata in Cape Breton,NS at the Donkin Mine site.

    Just some info.....do your own DD before pulling the trigger.
    Dec 14, 2010. 12:45 PM | 1 Like Like |Link to Comment
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