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drbubb

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Everything posted by drbubb

  1. EPM has $4mn in the bank? If so, the good potential What i do not like about the chart is th volume spike on the low
  2. TM = Tumi . Nice one! "As a silver explorer, Tumi’s initial focus was Mexico, the world’s biggest silver producer, where Tumi is continuing advanced exploration to expand the historic la Trini mineralization. Research for new silver projects led Tumi to the Bergslagen District of south-central Sweden where Tumi has already made significant acquisitions, including the historic Sala silver mine, making Tumi a major claim holder in the district." Nice move off the low, with good volume behind it, and the retracement came on much lighter Volume. Now what can move it?? + 11/14: Tumi Resources Ltd. has completed airborne (by helicopter) electromagnetic geophysical surveys over the company's Oster Silvberg, Tomtebo and Vitturn projects in the Bergslagen district of Sweden. The surveys comprised about 500 line kilometres with line spacings of 100 metres and covered a total area of about 50 square km. The surveys complete Tumi's EM program in Sweden for this year, which has also included two ground EM surveys (Sala and Kalvbacken). All data collected from the surveys will be interpreted by the respective geophysical contractors and results will be reported when received. The NEXT STAGE would be to drill. Have they got any money?? The stockhouse Bullboards have gone VERY quiet
  3. Similar ideas, but less money to put them into practice?? ========= James Howard Kunstler (born 1948) is an American author, social critic, and blogger who is perhaps best known for his book The Geography of Nowhere, a history of suburbia and urban development in the United States. In his most recent book, The Long Emergency (2005), he argues that declining oil production will result in the end of industrialized society and force Americans to live in localized, agrarian communities. In the late 1990s, he had argued that the Y2K event would result in similar consequences. [1] Kunstler was born in New York City. Spending summers at a boys camp in New Hampshire, Kunstler became acquainted with the small town ethos that would later permeate many of his works. @: http://en.wikipedia.org/wiki/James_Howard_Kunstler = = The Geography of Nowhere: The Geography of Nowhere: The Rise and Decline of America's man-Made Landscape is a book written in 1993 by James Howard Kunstler exploring the effects of urban sprawl, civil planning and the automobile on American society. The book is an attempt to discover how and why suburbia has ceased to be a credible human habitat, and what society might do about it. Kunstler proposes that by reviving civic art and civic life, we will rediscover public virtue and a new vision of the common good. 'The future will require us to build better places,' Kunstler says, 'or the future will belong to other people in other societies.' (the CAR is to blame... that and cheap oil. Look at the photos at the top: See any cars??) "Most of the problems associated with oil are problems associated with cars, and cars are the focus of J. H. Kunstler's book. Published in the early 90s, The Geography of Nowhere describes the impact of automobiles on the development of the U.S. Apparently, things started to go south during the Depression, when people were driven out of cities by poverty and the diminishing quality of life in the tenements. Fueling the flight to the suburbs were New Deal programs to build roads and cheap houses. In the ensuing decades the American landscape was built to serve cars rather than people, and that is what Kunstler is angry about. His main criticisms are: 1) A lot of the architecture, both residential and commerical, is very ugly. Buildings are constructed quickly and cheaply, and without regard to their surroundings. After all, what's the point of worrying about your surroundings if people are just going to drive directly to their destination? On this point, Kunstler is angry and sarcastic, though often funny. However, his tone is unfortunate, because ugliness is ultimately a matter of opinion, and I would bet that most people would say they are quite happy living in their suburban boxes. Kunstler argues that people are happy this way because they don't know any better, and he's probably right, but as far as I know there is no good way to force people to appreciate beauty. 2) When you step back from the individual buildings, and look at the organization of towns and cities, things start to look really grim. Here Kunstler's got a good point. Throughout most of America, the landscape is zoned into residential and commercial districts, which are separated by long stretches of four-lane roads. The residential zones are further divided by income (and to a lesser extent, by race and ethnicity), impeding the development of anything like a genuine community. The result is a weird mix of intolerance and paranoia that pervades the culture of what has historically been a relatively progressive nation. 3) At an even larger scale, the impact of cars on the nation and on the world seems absolutely dire. The Geography of Nowhere was written before car companies had figured out how to trick yuppies into buying pick-up trucks, and by now there is a broad scientific consensus that the Earth's climate is getting warmer as a result of human activities. Yet people continue to buy bigger and bigger SUVs, and to drive them longer distances to get to work or to buy their microwaveable burritos. It's like a hideous inversion of the idea of public transportation, in which every individual drives his or her own bus to work. Here it's not merely a matter of personal preference -- it's only possible for an individual to drive an SUV if other people subsidize the cost of cheap oil and environmental degradation. In all likelihood these other people haven't been born yet. Ultimately, someone has to make decisions about the development of towns and cities, and there's no reason in a democratic society why these decisions have to be based on short-term economic interests. Although most suburbanites are probably not miserable in their surroundings, I doubt if anyone would consider their dependence on cars to be ideal. The Geography of Nowhere is a good way to start thinking about kicking the habit." ...Review (Feb. 1, 2006): http://www.amazon.com/gp/product/customer-...155&s=books
  4. The behaviors we’ve seen from forum registering bots so far are: *Spam posts *Delayed spam posts *Spam link in profile *Delayed spam link in profile To find out if there are mail harvesting bots, we’d need for someone to register on a forum with a spamtrap address. A forum that already has a bot problem. A forum where the e-mail addresses are visible to logged in users. Then only leave it there, and see what happens. = = BE Careful with those "visible email addresses" ...except for these for ... quess whom ? thechartist@aol.com / and TheSleepWalker@UpAllNight.con
  5. SOME STILL don't believe it - Puplava talks about CERA: Don't Worry, Be Happy This week Cambridge Energy Research Associates (CERA) shocked the financial markets with a report that supposedly debunks “peak” oil. Not to worry — we are told — there is plenty of oil out there. According to the folks at CERA, there is no evidence of a peak before 2030. Global production will follow an undulating plateau for the next two decades. What we will experience is a period of strong production growth as a result of a combination of conventional and unconventional oil. The report is available at CERA’s website, www.cera.com. The 16 page report will cost you $1,000 and is well worth the read, if you want to hear the other side of the story. I paid the money and read the report and remain unconvinced. According to CERA our global resource base of reserves is 4.82 trillion barrels and not 1.2 trillion as peak oil theorists believe. The source of this greater oil bounty is summarized as follows: GLOBAL RESOURCES - BILLIONS OF BARRELS Cumulative Production 1,078 OPEC Middle East.......... 662 Other Conventional....... 404 Deepwater..................... 61 Arctic........................... 118 Enhanced Oil Recovery.. 592 Extra Heavy.................. 444 Oil Shale Extract............ 704 Exploration Potential...... 758 Totals :=========== 4,821 Source: "Why the 'Peak Oil' Theory Falls Down," Decision Brief, CERA, Nov. 2006 I have to question Middle East oil reserves, which we know were over-inflated in the late 1980s to achieve production quota advantages. In a similar vein I have reason to doubt heavy oil, oil shale, and exploration potential. There may be huge oil reserves in the tar sands of Canada and in the Orinoco belt in Venezuela. But reserves don’t equate to big increases in production. The best example is Canada’s tar sands. The reserve potential is vast. But oil sands is a mining operation that requires large amounts of energy to produce. It is doubtful that oil will flow out of the tar sands the same way that is flows out of Gharwar. While peakists alarm us with the dearth in new oil discoveries each year, the experts at CERA point to the fact that most oil companies have made up the shortfall in replacement by the upgrading of existing fields. In the recent past the industry has replaced more oil reserves each year through field upgrades than from exploration activity. Furthermore they argue that global oil production will not be a simple logistical or bell curve as Hubbert suggested. Instead it will be asymmetrical and skewed as it passes the geometric peak. Instead of a cliff as peak oil theorists argue, we’ll experience various inflexion points and plateaus as conventional oil declines gradually and unconventional oil picks up the slack, extending the peak and as well as the decline. ...MORE: http://www.financialsense.com/captain/log.html
  6. Several of the Canadian Trusts have listings in the US also. These may be easier to buy: Trusts traded on either the New York or American Stock Exchanges. Enerplus Resources Fund (ERF) ... update Pengrowth Energy Trust (PGH) ... update Petrofund Energy Trust (PTF) ... update PrimeWest Energy Trust (PWI) ... update Provident Energy Trust (PVX) ... update ...here's one with Coal assets: Fording Trust (FDG) ... update
  7. drbubb

    Late August Watch-list

    MUM - another double in the making? === It got too cheap, down at $0.26 : now $0.405 Now MUM has brought in a partner, Western Areas, an established Australian producer. WA bought c$5mn worth of stock : 8,571,429 common shares of Mustang at C$0.35 per share representing $3 million and an initial 13% interest in the outstanding capital of Mustang. Mr. Julian Hanna, Managing Director of Western Areas said, "This investment in Mustang offers Western Areas exposure to one of the most promising nickel projects in Canada. We have reviewed many nickel opportunities outside Australia and believe that the Maskwa deposit has strong potential to be the next nickel mine developed in Canada in an area with well established infrastructure and excellent exploration upside." = = GYD : Grayd Resources ... chart Up from $0.60 to over $1.00 Luck strikes again, and again... UPDATING those that i actually bought: Sym. Stock ===== Mentioned at : -Now- GYD.v Grayd Res..... $ 0.63*- 08/23 : $ 1.02 + 61.9% MUM.v Mustang Minl $ 0.26*- 08/23 : $ 0.405 + 55.8% LRR.v Linear Gold.... $ 3.34*- 08/23 : $ 6.24 + 86.8% (was over $7.00) WTM.v W.Timmins.. $ 0.35*- 08/23 : $0.44 + 25.7% (was SYR) UPC.v Uranium Pwr.. $0.48*- 08/23 : $ 0.68 + 41.7% : Sold at this price
  8. drbubb

    Diamond Miners listed on AIM

    it's not the only one. How about: Sierra Leone diamonds, Mano River Perhaps resource estimates are missing for all three. Another point is, how valid are the resource estimates?
  9. ((Moly mania is back, it seems... Stockhouse story)) Molybdenum price soars due to supply and demand Highlights: International PBX Ventures Ltd. (TSX: V.PBX, BullBoards) Roca Mines Inc. (TSX: V.ROK, BullBoards) ...between 2002 and 2004, moly's average monthly price jumped about 1600% from $2 a pound to the $35 benchmark. The reasons for this are debatable. Some analysts argue that : + Chinese molybdenum exports to Europe (which had in 2004 gained 10 new countries), were slashed due to European anti-dumping regulations, resulting in a frustrated market. + a lag in European production, with manufacturers buying repeatedly throughout the year to maintain steel and other production levels. + U.S. economy ... finally switched into high gear in early 2004, putting pressure on low production and reserves both domestically and internationally. Indeed molybdenum demand in the U.S. was 12.5% higher in the first two quarters of 2004 as compared to 2003. ...Why then has the price of molybdenum not retreated past $25 since 2005? 1/ demand for moly has grown exponentially over the past couple decades from 150 million lbs/year in 1982 to well over 300 million lbs/year today. 2/ Production of moly remains precariously close to demand, and has in some years even failed to keep up. In 2002, demand outstripped production by about four million pounds. ...limited by the capacity of moly roasters (an essential step in the vast majority of moly production / Molybdenum is inimitable, i.e., not readily substitutable. 3/ demand: Oil and gas pipelines, stainless steel, tools and high-speed steel, lubricants and pigments all use molybdenum. ...demand for moly will continue to rise at least 6% annually for the foreseeable future. : 50,000 - 100,000 kilometers of new pipeline worldwide within the next two decades. This translates into somewhere between 300 and 600 million pounds of moly, which is on the conservative side at least as much as moly as was produced in all of 2005. Here's a snapshot of two juniors on my radar: International PBX Ventures Ltd. and Roca Mines Inc. = = International PBX Ventures Ltd. (TSX: V.PBX) - http://www.internationalpbx.com One of the better ground floor molybdenum opportunities out there right now is International PBX (TSX: V.PBX, BullBoards). The company has several ongoing drilling projects in Chile. Most relevant here is the molybdenum-copper deposit in the Cerry Moly zone of the company's Copaquire property in northern Chile. This property, though not yet NI 43-101 compliant, was twice previously estimated to contain a massive deposit of between 30 and 50 million tons grading between 0.13% and 0.15% molybdenum and .20% copper. This is at least on par with other deposits of its kind such as Red Bird (34 Mt at 0.108 % Mo), Trout Lake (50 Mt at 0.138 % Mo) and East Kounrad (30 Mt at 0.150 % Mo) to name but a few. Even if International PBX realizes a recovery rate of 80%, the company could net 60,000 tons (120 million lbs) molybdenum worth somewhere in the neighborhood of $3 billion over the course of the mine's life. And, of course, this doesn't account for the value of the copper at Copaquire or any of the company's other holdings. By comparison, Moly Mines' Spinifex Ridge Molybdenum-Copper project in Australia is considered "world class" with a larger ore body (500 million tons) but grades lower at 0.06% molybdenum and 0.09% copper. This indicates that as long as PBX can fund their ongoing exploration model, and if the historical resource estimates are anywhere near correct, PBX could be as little as 18 months away from seeing astronomical growth in share value. Keep your eye on this one. Roca Mines Inc. (TSX: V.ROK) - http://www.rocamines.com Production is imminent at Roca Mines' MAX molybdenum project, about 36 miles south of Revelstoke, British Columbia. According to Chief Executive Scott Broughton, "We broke ground in May and have fast-tracked the engineering project to production." Roca is currently performing underground development work at MAX, which includes the mining of ore-grade material that is being stockpiled on site until the company's mill has been upgraded. The MAX deposit is NI 43-101 compliant, with a resource of 113 million pounds. It is also open at depth, and Roca hopes to further explore the deposit in 2007. Analysts (such as Sprott Assent Management) and small-cap reporters (StockIntervew.com, MicroCapMayhem) following the project have pointed out the similarities between this deposit and Phelps Dodge's Urad/Henderson mine, which is to date the world's largest molybdenum deposit. Another upside to the Roca project is that the company's share dilution is minimal. The company plans to mine its high-grade molybdenum deposit using its cash flow and further explore the property's potential for a much larger deposit. Take a good look at the company's chart. There is strong indication that this uptrending junior is an excellent prospect. ...continues: http://www.stockhouse.ca/shfn/editorial.as...8968&page=2
  10. M., I think you need to be highly practical. what gets government funding is: what adds to the political capital of would-be leaders. I dont see Wormholes doing that now. I recommend that you hedge your bets by finding another, smaller and more practical passion, which can help you pay the bills while you are waiting for interest in wormhole technologies to grow. Example: I have been worried about the debt bubble, and its impact on the global economy for years. I could wait for the bubble to burst, monitoring the situation, or I can jump into a new activity... Some years ago, I discovered gold and mining equities. Here, i thought, might be a way to make money, while I wait for reality to settle in. Many folks on websites like HPC are whining and complaining about rising House prices in the UK. And they have been whining and complaining for years. I am sure they will be right one day, but they are wasting time and energy, continuing with a single obsession. If they put some of that energy into discovering how to assess mining equities, and investing a bit, they could instead have learned something useful, and made money. Maybe you need to find something else, another area of endeavour. You could even look into the resources field. Iran is a country endowed with many resources: energy, and mining projects. It will need clever geologists, and geo-physicists. If you started down that path, you may even discover you find it challenging and interesting- and it pays well too. This is only one idea. I'm sure there are many others.
  11. fools are inspired by bull markets, and these boiler rooms may be getting more fish to bite in a market like this. They will disappear in Bear markets, or find something else to ramp... BE CAREFUL!
  12. 1) Do you think the world, is ready enough to meet the consequences of building a wormhole, during the next few years? (Truthfully, no. I doubt there is enough public interest or support, to encourage a government to muster the funds needed) 2) What is your assessment of finding the proper planets for living and/or probable intelligent ETs, by this technology, for the current decade? (We need to learn how to live on the earth better, before chasing the stars.)
  13. I am about 80-90% invested in mining & resource shares That would be "shear madness" for most everyone. But it has worked well for me. My advice: Study, learn, and make your own decisions, and take responsibility for them. & Maybe you should consider attending a Minesite Forum or even... Mines & Money next week: http://www.greenenergyinvestors.com/index.php?showtopic=1168 = = "They currently offer .25% above the BOE base rate." they must be losing money- what is the credit risk?
  14. drbubb

    The Oil and Energy Price Thread

    OIL NEWS LOOKS HORRIBLE - MIGHT BE TIME TO BUY - Why? this could galvanise opec into some real cuts But dont jump straight in. The selling volume on USO was too heavy. Needs a day or two- at least- to make a decent bottom. More, if heavy selling continues ===== Oil Falls Most Since August 2005 on Signs OPEC Won't Make Cuts By Mark Shenk Nov. 16 (Bloomberg) -- Crude oil had the biggest one-day decline since August 2005 in New York on expectations OPEC members may not reduce production and a warm U.S. winter will curb demand. Shipments from members of the Organization of Petroleum Exporting Countries were forecast to rise in a weekly report by Halifax, England-based consulting company Oil Movements. Geneva- based consultant PetroLogistics Ltd. said OPEC shipments would fall this month, in a report released today. OPEC agreed last month to cut output by 1.2 million barrels a day starting Nov. 1. ``The Oil Movements report added uncertainty about OPEC's cuts back into the market,'' said John Kilduff, vice president of risk management at Fimat USA in New York. ``We saw a lot of fund liquidation after the report today. The surging stock market has attracted a lot of the dollars that would otherwise be moving into energy markets.'' Crude oil for December delivery fell $2.50, or 4.3 percent, to $56.26 a barrel on the New York Mercantile Exchange, the lowest close since Nov. 18, 2005. Oil had the biggest one-day decline since Aug. 17, 2005. Prices are down 2.8 percent from a year ago. Investors pushed prices higher the past four years as they poured money into energy, where returns outpaced other markets. U.S. stocks rose for a fifth day and are heading for the seventh weekly advance in the past eight weeks. The Dow Jones Industrial Average climbed 54.11, or 0.4 percent, to 12,305.82 in New York. The Standard & Poor's 500 Index added 3.19 to 1399.76. The Nasdaq Composite Index rose 6.31, or 0.3 percent, to 2449.06. Higher Temperatures Above-average temperatures will cover the northern third of the U.S. from coast to coast this winter as an El Nino weather pattern persists, the U.S. Climate Prediction Center said in a report that covers December through February. A warmer-than- normal winter in the region would reduce demand for fuels used to run household and commercial furnaces. El Nino refers to the warming of the ocean surface off the western coast of South America. The phenomenon affects the jet stream, alters storm tracks and creates unusual weather patterns. A moderate to strong El Nino typically brings mild winters to the northern U.S. OPEC shipments will rise 0.9 percent in the month to Dec. 2 to 24.8 million barrels a day, compared with 24.6 million barrels a day in the four weeks ended Nov. 4, Oil Movements said today. Divergent Views According to PetroLogistics, crude oil shipments from 10 OPEC members with production targets, all except Iraq, will probably fall 1.1 million barrels a day, or 3.9 percent, to 27.2 million barrels a day this month. OPEC will discuss production at its next meeting, which is scheduled for Dec. 14 in Abuja, Nigeria. Natural-gas stockpiles rose 5 billion cubic feet to 3.45 trillion cubic feet last week, an Energy Department report showed. Some users switch between oil-based fuels and natural gas depending on cost. Crude-oil supplies rose last week, the department said yesterday. ``We are building natural-gas supplies as we get closer to winter, which is bearish,'' said Ric Navy, a broker at BNP Paribas SA in New York. ``Also, yesterday's report showed a big gain in crude oil. There's just too much stuff around for prices to move higher.'' Crude-oil inventories rose 1.2 million barrels to 336 million barrels last week, the Energy Department report showed. It left stockpiles 12 percent higher than the five-year average for the week, the department said.
  15. yes. stock tips could be it, with these guys scouring for more email addresses. possible they have a cowboy IR machine run from Russia or someplace, sending out thousands of emails on there companies. I will make a list of some of the TIPS i have had actually, i would prefer it if these guys were benign. I would actually prefer not to have to delete someone with a strange name like: "thurazgongiar"
  16. drbubb

    waste newspaper

    somebody told me that newspaper may good insulation, provided you can prevent the fire hazzard somehow
  17. (from a posting on Advfn, in response to a question there): "You say u have a large portfolio of juniors. what sort of thing do u look for in the companies you invest in? Are they greenfield, exploration, drilling or near production stage... what sort of mix u have? dont know much about the business and my investments for now have come through doug casey recs" = = MOSTLY, I look to take private placements in Quality companies, at various stages. I meet management, where possible, and even go in mine visits. I will typically ask many questions before i invest. But I will rarely invest unless I like a company's chart - and a A-B-C correction, where the volume is drying up on the C-leg is may preferred chart pattern Here's a pp I am doing now (name changed to protect the innocent) Here's an example of one that I waited and waited for, and finally grabbed at $3.34 I dont always get it right. Here's one I sold for a 10% profit after holding for more than a year. ...I sold below $1.00 Casey is alright, though I suspect he gets his clients in before he writes it up. Lawrence Rowlston is also good, and there are others on: http://www.KEreport.com , and http://www.HoweStreet.com If you live near London, you may consider attending the monthly Minesite meetings. I think Jim Rogers will speak at the next one. They also do daily write-ups. Link: http://www.Minesite.com
  18. I think these things will get hit by (more) tax-oriented selling. I will be looking to buy just before Christmas, when my gold shares will be alot higher (I Hope), and I can cash some big gains, and raise money for these
  19. after a rally, you cannot rule out a retest of the low. the chart looks like it may do that to my eyes
  20. "Perhaps they can get email addresses and contribute to your spam" I reckon that is what it is. Or maybe they sell "sleeper member" to other spam artists. Let's just ice them all one fine day, unless one pops up with some reasonable posts soon
  21. I bought a few yesterday, just to force me to keep an eye on it
  22. drbubb

    Nov.-Dec. Gold & Gold share thread

    looks like the gold correction may be done. I was looking for GBS-$61 or lower- we saw GBS: Low $61.09 GLD: Low $61.25 That's close enuff for the subscription I charge
  23. drbubb

    waste newspaper

    Welcome ... (hope you don't decide, never again) I recycle paper here in Hong Kong, by placing them into a special purpose bin in from of the entrance. You will find these bins near all modern properties here. they should make it easier in the UK, imho
  24. (( From the "Style of Investment" thread )): What I think... Is that you are too narrowly focussed on the Gold price. That may work for you. But I actually find that The best risk/reward lies in TRADING JUNIORS, and using the Gold price as a timing tool. The best moves in the Juniors come when gold is moving up too. But trading well-selected juniors is much more forgiving. HERE'S SOMETHING important, that many here ignore, and has been a secret to my own success: taking up private placements in Junior gold miners and explorers may be the lowest risk way of all to trade gold. Here's why. When you take a PP, you normally get: + The stock at a discount to market, often 10-15% cheaper, + Free Warrants, normally "half warrants" (ie 500 wts, for every 1,000 shares) Imagine how it would be, if you decided you want to Go LONG GOLD here at $620, and; + You could buy gold at 10% less, that's $558 per ounce, and + You got free 1-year call options struck at $680 Do you think you could make money?? Well, it is almost that easy. So why trade gold at all. I rarely do. Later, I will post a chart of a 7-figure portfolio that I manage, and you will see the sort of returns that are achievable @: http://www.greenenergyinvestors.com/index....=1133&st=11
  25. drbubb

    Nov.-Dec. Gold & Gold share thread

    Fr., do you think the mab over at advfn makes any money? I wonder. I see him rubbishing sound-but-creative trading ideas, and spouting the most obvious and sometimes irrelevant nonsense. There are some good posters there. But it seems the most vocal and active ones, sometimes turn out to be like AJ, too blinded by their own trading approach, that they cannot take any new ideas on board = = Nice chart looks like we should get too worried until the COT balance approaches 150K. I used to track these figures closely, and it became too much work, and some old benchmarks became less relevant. Thread here maybe? BTW, Listening to Tom, I hear him identify $607.50 as support on the Gold futures contract. If it hits there, it could be a tad lower on physicals
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