Oldtent Archives 2010

may become anothers Aquiline.

I’ll never ever take sides in a judicial battle on mineral rights fought outside of the country  of the potential deposit from here on.

Waste of time, money and nerves as it always seems to go to the contender on whatever crooked basis. 

MIA - seems just another victim of power play … frr

phone tie ups are people calling to urge passage of the healthcare bill. What a Bitch!
Deadeye

While I had a lot of it in college 60 years ago, I was not very interested in it at the time and much of it went off my brain hard drive. I was more interested in stratigraphy, structural geology, log interpretations etc - practical things that are close to the money. Today a am more interested in the big picture and the basics where chemistry is very revalent. I am the first to admit that my knowledge is in a very narrow area. (examples of my poor spelling) I was taught sight reading and most of the time I don’t even recognize my blatiant mis- spelling. Deadeye

You definitely have to separate the wheat from the chaff,,, the boots on the ground posters from the payed pumpers or bashers,,, in order to get a real picture of what is going on ,,,,most stock boards are loaded with chaff,,, The Ihub CPRK board has it’s share of payed posters but they are easy to sort out,,, if you follow a board for any length of time,, you soon learn who to put on ignor and who to check out,,some,,most,,, boards are not worth the effort

They should be investigated, it reeks.That board was pumping spq like crazy into the top. It fell 50% in two days since. Maybe it will carry on higher but that’s not the point.

Cheers

I sent an email let me know if you dont recieve it.

Agree with you. Agora seems to be a pumpers paradise. Any questioning of a promoted stock either gets the post deleted or the poster banned. Certainly, jmho.

He know’s infinitely more than me about the oil business. 

I took a look at the Spq.v hub earlier today to see what if anything was up with the company.

The following posts are the embodiment of what real censorship is all about. This fellow recieved a flurry of votes praising his post by the people that use the board within minutes, moving up to #1 post of the month shortly after he wrote the last post here.

But alas they censored his posts? Huh, for what?

Agoracom is a joke, beware of these pumpers.

Censorship
posted on Mar 17, 10 09:23AM
I have bitten my tongue many times over, reading this board these last few weeks, but I can remain silent no longer. What is happening here is not moderation according to the Six Rules of Use, it is blatant censorship.
There is a rule against pumping, but it is not enforced here. In contrast, there is no rule against thinking conservatively, using evidence-based debate, or asking another for their sources of information, or “facts” presented here. And yet, posts that I read only an hour or so ago, seeking to enjoin debate, have since been deleted from this board.
I am hereby asking hub leaders on this board to consider their own bias, and to stand aside from it when making decisions affecting the free speech of posters to this board. If the positive arguments have truth behind them, they will stand on their own, without any need for moderators to place their thumb on the balance, and shift the content towards that side. Critical thinking examines all arguments. Questioning a rumour is not bashing. Nor is asking someone for the details supporting their positive spin on things. Let’s play fair. Investment decisions should be based on rational thinking, not emotion.
Lar

Re: Censorship
in response to Re: Censorship by kelsee
posted on Mar 17, 10 10:38AM
Personal attacks, profanity, don’t fly here…
Is that so? Oilguy’s post to me was flagged within minutes of being posted (and not by me), and yet it is still up.
Trust me, this is going to Agoracom. The biggest offender of the Six Rules on this board is a hub leader. And tacit approval of his conduct makes you guilty as well.
I reiterate, put your bias aside, and you will come to different conclusions than the ones you’ve apparently reached. Look at the thumbs I’ve received already, in raising the issue. I don’t for a minute think that’s because I’m liked here.
Removing posts that are not absolutely pro-Spider is censorship. Period. End stop. There is no such thing as soft bashing. That’s a rationalization for censorship.
Lar

Re: Censorship
in response to Re: Censorship by kelsee
posted on Mar 17, 10 11:57AM
Please don’t limit yourself to the perception that you’re seeing only my interpretation of things. My original post about censorship is already the #4 ranked post this month, on this board, as rated by my Agoracom peers and the Spider community. I ask all hub leaders to heed that message; your community is asking you to re-assess your moderating standards. Please take this time to reflect on that message.
Lar

Deadeye had the same feeling so I’m posting his thoughts on the matter for your perusal.

Your “Where will it go?” Nowhere. It is a pipe dream. Texas Univ. is just trying to one up the Texas aggies who claimed they had developed “Cold Fussion” a few years ago. Gasoline will be $0.30 again when the U.S. Dollar is fully backed by Gold and not before then. Please realize that gasoline is today still $0.30 a gallon priced in real money being gold or silver.

Gasoline is made from oil and I have sold oil at $2.65 a barrel and also over a $100 a barrel. Saw it go from $2.65 to $40 then back to $8 then back to $140 then back to $40 and now $82 on the way to $100 and then to $300 when TSHTF in Iran.

We oilmen adjusted to these changes over the years by stopping drilling exploration and other times out bidding each other to drill junk prospects. Oil dropped to $0.10 a barrel for a brief period in the 1930s from over supply which I wrote about in IMDB.

BTW, I saw a great 1940 Clark Gable movie recently “The Wildcaters”, insightfull and quite good.
Deadeye

docs.docstoc.com/orig/518434/27b10ced-a1a2-4469-b3d5-154ee7f8481c.pdf

Jim Rickards is more than a lawyer.

The reporter doesn’t know what he’s talking about - you don’t convert carbon dioxide to carbon monoxide.  You convert the carbon in the coal to carbon monoxide.

The boffin doesn’t know what he’s talking about.  The finances don’t add up. One ton of coal weighs 3,300 lbs.  63 gallons on crude weigh about 500lbs.  Where’s the cost of disposing of 2,800lbs of waste?  In fact, what is the waste?!?  When you burn coal there is very little ash left per ton burnt.  What’s the capital cost of the equipment?

Sounds like a version of the Fischer-Tropsch process, which has been around since the ’20s, and is commercially used by the South Africans and Russians, with several developmental plants in Oz.

up 10% just restarted newly upgraded mill today,,, this stock has been highly shorted,,, Is more speculative than Cat 1,, Could be a real home run or a washout,,, If the new upgrades work as planed,,, will be cash flow positive ,,,This is a start up that is struggling with massive Debt ,,, CPRK has huge Reserves of higher than usual copper ore but has been trying to work the bug’s out of processing high Sulfide Ore,, only Time will tell us if they finally have the right process,, they pulled in a new eperienced mill Operation manager and added 12 new floatation cells,,,, AS a Plus they are getting substancial Gold and silver amounts in the concentrate,,, lot’s of info on this forum investorshub.advfn.com/boards/board.aspx?board_id=2587&NextStart=59288

to turn the PM’s red for the day after a good start.  Sure hope we don’t have to go down and test the lower level at 1100 again.

Bear Rally Nears 1930s Benchmark
by Rick Ackerman on March 17,

At yesterday’s top, the Dow Industrial Average was a mere 239 points shy of equaling the six-month bear rally that followed the 1929 Crash. The blue chip average peaked at 10694 on Tuesday, but it will need to hit 10933 to equal the fervently delusional retracement of the Great Crash to within 77% of the market’s peak value. At the rate the Dow has been climbing, it could be there by week’s end or early next, so place your bets. We’ve can identify one spot between here and 10933 where a short would enjoy favorable odds, but the gambit demands a tight stop-loss.

The 1929 comparison turned up in the Rick’s Picks chat room yesterday, posted by “Emerald,” who modestly categorized it as historical trivia. Perhaps not, since these numbers are all we’ve got to measure the tidal surge of euphoria that washed over investors once a financial shock of unprecedented magnitude had been fully absorbed. As we know, those who bought into the rally, and who stuck with it, were proven to have been fools; for the stock market would eventually lose 90 percent of its value. If this scenario were to repeat, it would imply a bottom for the Dow at 1420, representing a collapse of nearly 87% from current levels. Obviously, many of today’s investors are not reflecting on the lessons of history. For the record, the bear rally topped in April 1930, a fact that should give pause to those counting on springtime to fill investors’ hearts with lightness and song. Given the parlous state of the economy, which remains frozen despite a steroid-induced spike in GDP, it should be prayer on the lips of investors, not song.

A Bullish Tizzy

In retrospect, it’s hard to believe investors could have worked themselves into a bullish tizzy in 1930. Not that the average working stiff believed any of it. Then as now, it was mainly the House of Morgan that prospered in the surreal interlude between crash and false spring. Some today are convinced that the stock-market rally, now in its thirteenth month, is the real McCoy. But as Emerald noted, it can take quite a few years to build a base for an enduring bull cycle. “Fresh new bull markets such as the one born in August 1982 are usually preceded by corrective phases lasting 15 to 20 years which wring out any excesses in valuation and sentiment,” he wrote. “These corrective phases always have two components: an adjustment in price, and the passage of time. If we trace the beginning of the current bear market in real terms to the year 2000, we are about half-way to two-thirds through the process.”

on CNBC now

Ha! You have said the word “Jewish”. That will be 10 “oy vehs” 4 “kvetches (complaining)”, and one “God bless the Czar and keep him far away from here”

www.thestreet.com/_yahoo/story/10697418/1/two-silver-stocks-to-watch.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

www.fool.com/investing/general/2010/03/08/beyond-the-sterling-standard-in-silver.aspx

Said Rob McEwen, Chairman, President and CEO of Minera Andes:

“We look forward to reaching a resolution in respect of these project finance loan documents. Regrettably, despite significant effort on the part of Minera Andes, it appears that the Courts of the State of New York may provide our shareholders with the best venue for ensuring fair treatment by our joint venture partner so that both parties can begin receiving the profits generated by the San Jose mine”.

Minera Andes is reviewing in detail the claim by Hochschild with its legal advisors and will respond accordingly. We believe the details of this case will speak for itself.

yahoo finance

Thanks

Two of my Favorite Cat 2 stocks SLW,,,GG,, payin Dividends with upside potential www.fool.com/investing/general/2010/03/15/grab-a-slice-of-goldcorps-growing-fortune.aspx www.fool.com/investing/general/2010/03/16/4-star-stocks-poised-to-pop-silver-wheaton.aspx DYOD

I know but, I’ll bow to Ski’s request not to spill all the beans, so to speak.  I think that it is fair to say that Ski is now back in long with tight stops. Fingers crossed.

That interview mixes apples and oranges as I often do. Yes there is manipulation - always has been. A thousand books try to explain oil history, the power, money and government involvment. Peak oil is something different and hard to discuss because everyone uses a differet definition and meaning for “Peak Oil” It has nothing to do will world oil reserves or the involvement of manipulation or oil company actions or inaction or technology or even price.

“Peak oil” in it’s original definition is simply the amount of oil the world is capable of producing on a given day. The world has reached and passed that peak. Earlier many wells and fields were alway capable of producinng more. That number has steadly declined since the 1960s even with new wells and fields discovered and added into the mix. It simply didn’t matter before but now the use is approaching this capacity. When use exceeds supply the price will resume rising. This is not a conspiricy it is simple supply and demand. Yes there are many many fields left, some of them huge but future production capacity will never equal or exceed that reached in the 1960s. I am certain of that.

Of coarse in the past both supply and demand have been manipulated but for the general good. We can’t have oil at $1.00 a barrel and gasoline a penny a gallon anymore that we can have oil at $200 and gasoline at $20 a gallon. If the oil industry goes broke the consumer loses - if the consumer goes broke the oil companies lose - There has to be a balance. Simple enough.
Deadeye