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FrankRichie

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  • The Stars Have Aligned For Molycorp [View article]
    Michael, regarding your above magnets comment, MCP, Daido Steel and Mitsubishi have a JV to make the next generation NdFeB magnets for cars, etc. in Japan. As you indicated the magnet production is designed to use mostly Nd which is right into MCP's mining wheel house. Supposedly, the factory was operational in January of this year for first phase 500 metric tons of magnets per year. No outside patents are needed and incorporate MCP's patented process for using powdered alloys. All three company's have payed about equally for the factory and the Japanese government has chipped in with subsidies sponsored by the Japan's Ministry of Economy, Trade and Industry. Using Nd, these superior magnets will have higher production yields along with lower material costs - key competitive advantages.
    Nov 4 11:03 AM | Likes Like |Link to Comment
  • The Stars Have Aligned For Molycorp [View article]
    Old news, Mark Smith did his thing very well strategically, but needed to move on when it came to nuts and bolts, reduce costs, etc. Similarly, the latest switch in CEO's is time appropriate to carry on for MCP.

    You are suggesting that project Phoenix can not separate out the heavy oxides? If that is what you mean, explain more about it, I'm willing to learn, but that is not the way I see their capability. On the other hand, I do know that the oxides have to go elsewhere to finish with further processing. Have no problem with that. I understand that further processing technology exists in several places for MCP, but certainly in China for making powders for molding various parts, etc. MCP plans to bring this patented finishing technology to the U.S. in due time.
    Nov 1 07:11 PM | 1 Like Like |Link to Comment
  • The Stars Have Aligned For Molycorp [View article]
    Excellent article written with skill and simplicity. I own MCP and believe in its future. We can argue cost considerations til we are blue in the face, but MCP's production model with chemical and water saving is new territory which few of us can really appreciate since it is starkly unique to the industry. Am proud that MCP is American made. Am looking forward to when MCP (the lowest cost producer) can purchase heavy concentrates from local sites in Canada and the U.S.A. or their own new sites and run them through MCP's plant in mass quantities. This will be good times for us all (except for shorts, of course). Take care.
    Nov 1 02:57 PM | 2 Likes Like |Link to Comment
  • Nuverra Environmental: A Sinking Ship With Default Risk [View article]
    ansell,

    Thanks for you comments and insight about the brutality of the shorts. Was brutal yesterday due to the young student's essay on NES. However, I should thank him, because I picked up more shares yesterday at the much lower price point.

    The Motley Fool's energy writer, Mathew DiLallo (long NES), has two good countering articles posted by the Motley Fool. For example, Mathew recently wrote, "Why Water Recycling is So Critical for Energy Companies." His second article address's how NES's Johnsrud has 165 million dollars just in case, could renegotiate with the banks, and the reduced revenue is not lost, but postponed due to inclement weather which stored up the business, i.e., 50 wells need finishing due to bad weather which should make the 3rd qtr. stronger, and this is not specific to NES. Mathew points out that NES will provide centralized revenue producing storage for recycled frac water from central locations throughout the plays, etc.

    In the news today, there is a discussion of increased seismic events in Texas that is thought to be due to the huge amount of water that has been with drawn to supply the frac water demand. Guess what? The HAL / NES JV will address their huge water draw issue over time to calm the folks, politician's nerves. Help is on the way with the HAL / NES joint venture! Take care. Frank

    P. S. Last, what most people don't realize about NES's business model is that each completed well will produce a significant amount of salt water along with oil, etc., for at least 20 years or so for the life of each well representing a long term disposal revenue stream for NES.
    Aug 27 05:16 PM | Likes Like |Link to Comment
  • Nuverra Environmental: A Sinking Ship With Default Risk [View article]
    I remember that HEK purchased shares of this company situated at the time in Texas. HEK did this because of it's patented processes, potential investment and a lock on supply of this kind of pipe. They used this plastic pipe technology in the Louisiana Haynesville shell play for cost saving and certain functionally important reasons. Seems to me this would be relatively ideal for the piping associated with their HAL / NES joint venture. We'll know more as time goes on. I don't own any UGSI, but would hold onto it I were you. If the subject JV uses it, this could be a big deal.
    Take care. FrankRichie
    Aug 25 10:30 PM | Likes Like |Link to Comment
  • Nuverra Environmental: A Sinking Ship With Default Risk [View article]
    To RayRay77077, HAL and NES seem to want to push this JV along as fast as possible and not duplicate activity. HAL provides and concentrates on the recycling equipment/ research technology, fracking equipment, etc. and NES does the rest with trained people, joint planning, trucks, pumping, piping, solid disposal and state by state environmental approvals, etc., which is their expertise with much already in place. Their next JV reported activity apart from the Bakken is in the important Utica play. Obviously, their JV, they should nudge out competition with their game changing technology which is an easier sell to state regulators. In the Texas area, NES's newly hired 30 yr. experienced ex-HAL manager will surely look to set up similar best practices in the Permian and the Eagle Ford shale, etc. plays as soon as the JV can get to it. The new manager, being an experienced ex- HAL engineer / mgr is a positive for the JV.

    Take care, FrankRichie.
    a Disclosure: Am long NES and may buy HAL soon. Retired engineer with B.S.'s in Physics (Texas A. and M.) and E.E.(Univ. Texas)
    Aug 25 07:29 PM | 1 Like Like |Link to Comment
  • Nuverra Environmental: A Sinking Ship With Default Risk [View article]
    "just-an-opinion", good point you make about NES's proprietary plastic pipe. With pad drilling and the new JV, this technology will become more useful and efficient to transport recycled water from nearby storage /recycling locations that are central to several pads rather than having to use trucking. The amount of water used for only one well is so great that all is not kept at the well site. So, think about a large storage site that feeds recycled water to and from multiple pads / wells that use the new HAL technology. Also, we overlook that NES has the broad capability to train, house, and provide workers for this HAL and NES joint venture. I believe that HAL does not have or want any part of this worker training and logistics, whereas, in the Bakken, NES has been doing this for years with rental housing, etc. Food for thought.
    Take care. FrankRichie

    Disclosure: Am long NES and plan to buy some HAL in the near future. Am a retired engineer with Physics and Electrical Engineering degrees.
    Aug 25 05:08 PM | 1 Like Like |Link to Comment
  • Nuverra Environmental: A Sinking Ship With Default Risk [View article]
    The new hook up between NES and HAL is a game changer for the fracking industry.

    This business model will win as HAL and NES gear up for it. There is nothing out there to compete with this combination right now. HAL provides the patented technology and NES provides the turn key local management of the system which includes tons of water stored and moved around, but with less trucks. The multiwell platforms with continue to grow and dominate the frac oil patch and this makes the HAL/ HES combination that much more important and efficient. For the most part, the customers of NES will become the customers of HAL and vice versa in this partnership. HAL has patented processes and HES has the people needed to manage this complex environmental system. HAL needs NES as much as the other way around to win in this competition. Eventually, HAL buys NES down the road to become a division. So, I don't don't see either of these two not winning in this great combination. If NES did not do this deal, they would loose in the long run which is a smart move by Mark Johnsrud. The oil companies that supply their own water will eventually have to turn to the HAL and NES business model for water management or loose out due to environment and economic pressure. The HAL and NES combination is a no brainer for one's success as a stock picker, environmental participant, and being with this winning game changer combination. Food for thought.

    Sincerely, Frank Richie. Disclosure: I am long NES and plan to purchase HAL for the above reasons. Am a retired engineer with B.S. degrees in Physics and Electrical engineering.
    Aug 24 07:10 PM | 15 Likes Like |Link to Comment
  • Conspicuously absent from Mark Smith's resignation announcement was any mention of the SEC investigation over the accuracy of Molycorp's (MCP) disclosures. The take from 24/7's Jon Ogg: "To announce that a CEO has left the company with no explanation in the midst of a regulatory investigation is not in good taste at all. It could even be alarming." MCP -5.3% AH. [View news story]
    Ross's statement that this was a "natural transition" means a lot. Believe that Mark took full ownership for the SEC thing, as he should have, and paid the price. Also, the poor execution of the sub which caused MCP a 150 million charge also probably added salt to Mark's wound. Now by bringing on board the seasoned veteran, Constantine, to guide the company forward is a smart move for share holders like myself. Constantine is probably tougher, more experienced and can move things along more quickly and profitably. Food for thought.
    Dec 11 07:07 PM | Likes Like |Link to Comment
  • More details emerge from the Macau investigation of Las Vegas Sands (LVS -1.5%): At the center of the controversy is businessman Yang Saizin and the tens of millions of dollars that flowed through him to mainland China. Interspliced into the story is missing money and accusations of an overly cozy relationship with organized crime. Though the "business as usual" argument is being thrown around by Las Vegas Sands defenders, personal animosity toward CEO Sandy Adelson from Macau government officials could be stoking the fire. [View news story]
    I tend to think that much of these investigations of LVS are being stoked by the Obama administration in retribution for Mr. Adelson's support for the GOP. This is not the first time for this type of treatment for large GOP donors under Obama's Chicago style politics. We'll see how this type of dirty politics pans out. I agree with others with respect to LVS's treatment - that it won't pan out for the DEM's dirty political machine.

    I own some LVS stock and support the Romney, Ryan ticket.
    Aug 13 01:49 PM | 5 Likes Like |Link to Comment
  • Today's Commodity News To Trade On [View article]
    Molycorp intends to disclose their survey work from their heavies potential mine that is 16 miles away in the early part of the 2nd quarter.

    I'm waiting on this report in that this could be a good boost for Molycorp if it should pan out. Remember, the Molycorp chief technologist spoke favorably about the potential for this mine based on their historic sample data.

    Full disclosure, I am long MCP.
    Mar 10 02:42 PM | Likes Like |Link to Comment
  • Today's Commodity News To Trade On [View article]
    The chief technologist at MCP is confident in their heavy rare earth discovery 16 miles away from Mountain Pass. The definitive report on this find is due out in early part of quarter 2, probably April. Being nearby, this would be a very economical surface production mine for heavies. I'm waiting for this report before concluding anything. If the mine pans out, this could spike MCP shares.
    Mar 10 02:42 PM | Likes Like |Link to Comment
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