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"What do you guys see as the outlook for Energy trusts over the next year" I THINK PROGRESS will largely depend upon oil prices, and i am bullish on oil

London-based posters, please keep me updated on this (added later): Kisses On A Postcard - 20 Minute Highlights

the bot wants for christmas: GEI members to click on his links - won't happen now

"I wouldnt want to jump in and out of the market with some of the relatively small movements we have seen recently" PERHAPS I SHOULD explain how I do it, so you can understand how I can make this volatility work for me. I have a large portfolio of Junior miners and explorers, with most of them acquired thru private placements, where I generally bought at a discount to market, and acquired some free warrants at the same time. My rule is: When it doubles, sell half. Quite a number if these cheapies do double, and if the upward volume is strong, then i will let them run before selling down to my "HALF level." Others are less strong, and after the 4 months hold is up, they may look as though they do not have the momentum to make a double. In any case, when gold is running, I often have a number of shares trading at/near my target levels, and so pushes up tend to generate some selling, realising cash for further investments. THUS, my sales, on the upthrusts in volatility, tend to be sales with nice profits being realised. I will then sit on the resulting cash for a while, until gold looks ready to finish ist next price dip, whenever that may be. I then reinvest the cash in other stocks which have interesting stories, and attractiev charts. I try to buy them when they are at expected inflection points, and are set to breakout soon. THUS, my sales on jumps, and buys on dips, ten to be moving money from fully valued junior miners, into those that still look cheap. The volatility works for me!

About Gaming Corporation plc http://www.gamingcorp.net Gaming Corporation is an interactive gaming business which operates the UK's leading gaming portal casino.co.uk. During 2003 the Company expanded its gaming operations with the launch of its own state of the art online casino, play.casino.co.uk and poker network, poker.casino.co.uk. = = = Acquisition of Eyeconomy Ltd The Board of Gaming Corporation plc (“Gaming Corp” or “the Company”), the owner the UK’s number 1 casino portal www.casino.co.uk, announces the acquisition of Eyeconomy Limited (“Eyeconomy”), the operating division of Eyeconomy Holdings plc, an OFEX listed company. The acquisition provides Gaming Corp with an experienced online marketing team and best-in-class systems. Eyeconomy has a successful and profitable track record and will significantly enhance Gaming Corp’s revenues and on-line casino operations. Eyeconomy has been at the forefront of online advertising since1996; Eyeconomy provides strategic marketing services including online media planning and buying and manages online media campaigns for a number of gaming and internet companies including Betfair, EBay and Multimap. In the year to 31st December 2003 Eyeconomy reported turnover of over £1.4 Million an operating profit of £0.2 Million and generated net cash inflows of £0.35 Million and had net assets £0.09 Million. The consideration for the acquisition is £0.6 million satisfied through the issue of 20,000,000 New Ordinary Shares in Gaming Corp issued at 3p a share and through the payment of an inter-company loan of £0.14 Million owed by Eyeconomy to Eyeconomy Holdings plc. Commenting on the acquisition, Justin Drummond, Chief Executive of Gaming Corporation plc, said, “This is a strategic acquisition which substantially bolsters our marketing infrastructure. The objective of the acquisition is simple - to drive traffic to our gaming assets. That is what Eyeconomy will do, and in a cost-efficient manner. It has a proven and highly successful track record at delivering web traffic and its clients include some very well known Internet brands and on-line gaming companies. The acquisition also gives the Company the added benefit of Eyeconomy’s profits and cash assets which strengthen Gaming Corp’s increasingly solid financial position”. Paul Mcgroary, Chairman of Eyeconomy Holdings plc, said, “During the past three years Eyeconomy has been a fast growing, profitable and very exciting business. Merging the online advertising and marketing expertise with Gaming Corp’s online assets will be a winning combination”. @: http://www.mediacorpplc.com/press/default....2004&id=185

looks like a spam-artist. these are not mining or exploration co's anyone who wants to post a company name here, ought to give a sensible reason, or a chart, as rationale for buying

There's a risk I may miss out on today's low prices while waiting for my "mid-December ideal buying opportunity" to arrive. So buying some now may make sense, if you have cash. I am hoping that Gold share prices continue push upwards, and I can liquidate some of my juniors at higher prices, and will have more to invest. The Dec. Tax-selling thread may be worth a look for more specific ideas

WHICH ONE is the Kahuna?? TRUST COMPANY======== Symb. $ MktCap +P/E +Div/$Price : Yield Enerplus Resources Fund(ERF) $ 5.49Bn 10.1 4.46/$44.71 : 10.00% Pengrowth Energy Trust (PGH) $ 3.31Bn 8.31 2.16/$17.97 : 14.90% Penn West Energy Trust (PWE) $ 7.48Bn 8.48 3.65/$31.60 : 11.60% PrimeWest Energy Trust (PWI) $ 1.76Bn 17.4 2.61/$21.01 : 12.50% Provident Energy Trust (PVX) $ 2.27Bn 9.91 1.26/$10.87 : 11.60% - - Fording Canadian Coal. (FDG) $ 3.06Bn 5.25 2.88/$20.80 : 13.80 - - Fording - Coal (FDG) Canadian Trust Triage John Dobosz 11.02.06, 5:15 PM ET Investors in Canadian income trusts found out the hard way on Wednesday that there is nothing uniquely American about breaking campaign promises. Canada’s finance minister, Jim Flaherty, despite his party’s pledge less than a year ago not to impose additional taxes on the trusts, announced late Tuesday that the government proposes to tax trust distributions at regular corporate income tax rates--effectively eliminating the chief advantage of the trust structure as a flow-through entity. The resulting bloodbath for trusts in Canada, including more than a dozen specializing in energy that also trade on exchanges in the United States, has left investors wondering what to do now. Most advisers who have recommended trusts in the past say it’s too late to sell--and at least one recommends fresh buying. Feast on Fear. ((Click here for Richard Lehmann complete list of buys for Canadian royalty trusts with yields now north of 15%...in Forbes/Lehmann Income Securities Investor. )) “I feel the market has overreacted to a situation that is not a done deal,” says Curtis Hesler, editor of Professional Timing Service, referring to the 12% to 15% haircuts many of the trusts took on Tuesday. Under the Flaherty proposal, existing trusts would be given an exemption from paying any modified tax until 2011. Hesler holds eight Canadian trusts in his model portfolio and recommends waiting until the smoke clears before making any moves. “Panic causes mistakes, and selling does not seem prudent at this point, nor does additional buying until we see what we are up against. I will be very surprised if we don’t see some serious defense brought to bear by both Canadian industry and the electorate.” For the past several years, Hesler and many other advisers had been big bulls on Canadian “royalty trusts,” which own or lease oil and gas rights and collect royalties from producers, which they pay out to shareholders. The payouts are considered qualified dividend income for U.S. investors and subject to only a 15% tax. The Canadian government withholds 15%, but U.S. investors can claim an offsetting tax credit on their Federal tax return. The dividends are not taxed at the corporate level, but only when they’re received as income by unit holders. Richard Lehmann, editor of the Forbes/Lehmann Income Securities Investor, agrees that implementation of the Flaherty proposal is anything but assured, noting two abortive attempts since 2004 to change tax laws pertaining to trusts in Canada and the proposed grace period until 2011 for existing trusts. “Our thinking is that five years is a long way off, and political pressure will likely delay the tax further or kill it altogether," he says. Special Offer: Have you already sold your Canadian trusts and are now looking for investments that kick out similar income? Click here for big yields from a technology business development firm in FindProfit. Lehmann, a big proponent of ‘Canroys’ since 2003, is busy adding more to his holdings as prices plummet and yields skyrocket. Harvest Energy Trust (nyse: HTE - news - people ), for example, now yields 15.6% after losing 20% of its value in a day and a half of trading. Lehmann is also buying Canetic Resources Trust (nyse: CNE - news - people ), which yields 13.5% after getting hammered 22% lower than its Oct. 31 close. Other Canadian trust casualties in which Lehmann finds yields too tempting to pass up include Provident Energy Trust (nyse: PVX - news - people ) at 13.7% and Penn West Energy Trust (nyse: PWE - news - people ) at 12.7%. "You'd be hard-pressed to find these kinds of yields even on junk bonds," says Lehmann. Jack Adamo, editor of Insiders Plus, was tempted to buy Fording Canadian Coal (nyse: FDG - news - people ), but he’s holding off for now. What concerns him is not so much the Flaherty proposal--he doubts that it will pass--but the steel industry. “Fortunately, most of the developed world now understands that you can’t abuse business and expect it to thrive,” he says. “I want to talk with the company first, and I want to see a few more earnings reports from steel companies,” says Adamo. “So far, it looks like steel is going into a downturn at the same time the stock market is losing momentum. That could make Fording vulnerable to further weakness in the short term, since it sells its coking coal directly to the steel industry.” The bombshell out of Ottawa, Canada also lit up the message boards at online investing community ValueForum.com, where members feverishly discussed at what price royalty trusts would be a good buy. Ron Lane of St. Augustine, Fla., one member who’s heavily invested in a handful of trusts, says he’s avoiding selling his holdings into the current weakness. “The lemmings got out yesterday,” he says. “Fortunately, we’ve been in these for the past three and a half years, so we’re still sitting on gains. I’ll see what happens.” Meanwhile, Lane says he's going to step up his buying of closed-end funds with yields around 8%, as well as check out some business development companies like American Capital Strategies (nasdaq: ACAS - news - people ). @: http://www.forbes.com/2006/11/02/canroys-p...artner=yahootix

Not a pretty chart Let's discuss GGG on the Aug.Watchlist thread

(From the "Questions for Miners" thread, but worthwhile here too): Talking to Mining, or Exploration companies, I like to ask: 1/ What is the market cap ? 2/ What percentage does management own, and what was their average cost?# 3/ Who are the otehr major shareholders? 4/ what was the price, size and timing of the most recent financing? (The above will give you a good idea of the strength and motivation of the management and controlling interest.) 5/ What are the major projects? (history, work done, work planned) 6/ What is the valuation? (Establishing valuation will typically mean, learning about the size of their respources and reserves. For example, if it is gold: How many ounces? What is the grade? What is the metallurgy? If not yet in production, will it be an open-pit or underground mine? What is the cash cost, and, if in development, likely cost of building the mine. This will help to an idea of how to slant a calculation like: Market Cap per ounce. It is usually not a good idea to invest in a company that has a Market Cap of more than $10 million, and no resource.) 7/ What are the plans to develop the projects, and what will it cost? 8/ What is the timing of future news? 9/ What are the company's promotional plans? 10/ The background and track record of management and the directors is very important obviously. The answers to the above questions, will help give you an idea of how to probe further.

I wish I could claim those trades! My buy point may have come just a little later, when it crossed the MA's from the bottom up, and then stabilise. I step to sell in stages, and get get more aggressive, as a stock rises on lighter volume- suggesting the momentum is flagging = = Sorry about the confusion on TM. Looks very attractive with those features

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

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

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

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.

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.)

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.

(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

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

after a rally, you cannot rule out a retest of the low. the chart looks like it may do that to my eyes

(( 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

ADD TO PRESENTATION ?? The method of the late Julius Baring for investors to evaluate a company against its current share price was described as: “Buy up to 10% of the in situ value of a deposit using current metal prices, hold up to 40% and sell above 40% taking no prisoners!”

(according to Gerald Reid, of Hornet): This week will also see the most significant solar IPO of the year. First Solar Inc, which makes solar modules using thin film technology, expects to raise USD 222.8 million in net proceeds from its IPO. The company is offering 17.5 million shares for an estimated price of USD 17 to USD 19 per share. Following the placement there will be approximately 69m shares outstanding and the company will have a market capitalisation of approximately USD 1.2bn. First Solar is currently increasing its production capacities from 75MW to 175MW with the construction of the new 100MW plant in Germany and the new funds will primarily be used to build a manufacturing facility in Asia. First Solar achieved an average manufacturing cost of USD 1.50 per Watt in the first nine months of 2006, which is significantly lower than the per Watt manufacturing cost of producing crystalline silicon solar modules.

Looks like we have seen a low in Oil already these charts are persuasive to me: http://www.greenenergyinvestors.com/index.php?showtopic=925 A bounce to at least mid-$60's, then ... we shall see