THE PIG SPLIT THIS WEEKENDS UPDATE IN TWO. ONE........TO FACILITATE A LARGER AND DEEPER SCAN AND TWO.............MORE TIME TO BREAKDOWN AND QUANTIFY THE RESULTS. THE PIGS GOAL HERE IS GET US IN AT THE EARLIEST EACH TIME AND MAXIMIZE YOUR GAIN FROM THE FIRST OF EACH MOVE ON A CHART TO THE EVENTUAL MOMENTUM BURNOUT THAT OCCURS WITH EVERY PENNY STOCK. THE PIGS SYSTEM IS DATA HEAVY AND REQUIRES TIME TO RUN SCANS AND INTERPRET THE DATA.
THE STOCKS YOU SEE ON THE PIG ARE THE BEST OF EACH DAYS SCANS, AND IF WARRANTED THE PICKS WILL BECOME A PART IN A LONGER TERM SELECTIONS LIST. THE PIG KNOWS THAT NO ONE CAN PREDICT A STOCK, OR WIDER MARKET MOVEMENT ON A HIGH PERCENTAGE BASIS. THE PIGS AIM IS TO LESSEN THE DOWNSIDE AND IMPROVE GREATLY, THE UPSIDE, WITH AN EARLY APPEARANCE BASED ON THE SCANNINGS. A STRONG CHART WILL BE USED TO ASSIST IN VERIFICATION OF SOME OF THESE VECTORS. ON TO THE SCANS........
V.EDG....AN AREA PLAY THAT CAME OUT EXTREMELY HIGH ON THE SCANNER. 9 OF 10 AREAS ALL SCORED 7 OR HIGHER. GREAT CAPITAL INFLOW, MOMENTUM VECTORS SCORE IT A 9 AND 3 INDEXES SHOW 8+ ON THE SCAN. LOW FLOAT, SOME DECENT MANAGEMENT HISTORY THERE TOO. SOME UPSIDE ROOM NO DOUBT. THE PIG RATES THIS ONE A BUY AT CURRENT LEVELS.
V.EGM...ASSAYS EXPECTED FROM THEIR PROPERTY IN NORTHERN
QUEBEC. APPARENTLY THE AREA HAS GREAT HISTORY FOR
EXPLORATION AND DISCOVERIES.THE PIG SYSTEM SCANNED THIS
VERY STRONG AT 8 OF 10 SECTORS WITH RELATED NUMBERS SHOWING
3 VECTORS WITH STRONG BUY SIGNALS.
V.SSE....ONE OF THE VECTORS THAT INTRIGUES THE PIG SO MUCH IS THE MOMENTUM VECTOR AND THE "HEAT" NUMBER ASSOCIATED WITH THE TRADING VOLUME. THE HEAT NUMBER COMES FROM. THE HEAT NUMBER GIVES US AN IDEA AS TO DAILY TRADING PATTERNS, THEIR SIZE AND VELOCITY AND THE "HEATED" DEMAND THEREIN. THIS COMPANY SCORED WELL ON ALL SCANS, HIGH ON THE CAPITAL INFLOW AND THE VOLUME HEAT SCANS. THERE ARE RESULTS EXPECTED FROM A COMPANY PROPERTY AND THE OTHER IMPORTANT FACTORS IN QUESTION, LIKE SHARES OUT AND MANAGEMENT ARE GOOD, IN THE PIGS EYES. THE PIG SAYS ITS A BUY.
V.TEI....THE PIGS ODDITY IF THE WEEK. NOT MUCH TO THIS SCAN TO BE OVER EXCITED ABOUT. SCANS SHOWED AN AVERAGE TO GOOD NUMBER IN ALL CATEGORIES. BUT OFF THE CHARTS IN NET POSITIVE CAPITAL INFLOW AND HUGE ACCUMULATIVE NUMBERS OVER THE PAST MONTH OR TWO. THE PIG ALWAYS SAID WHERE THERE'S SMOKE THERE'S FIRE. IF IT MOVES LOWER MAYBE PICK SOME UP, BUT DON'T CHASE IT. THIS ONE IS VERY INTERESTING TO SAY THE LEAST.
V.GXX... IS A WEST AFRICAN ONSHORE OIL EXPLORER BASED IN CALGARY.
A HIGH END MANAGEMENT TEAM, SOME DEVELOPMENTS COMING AND THEN
THE SCAN PACKAGE. RSI/MACD/MA'S ALL OFF THE CHARTS. CAPITAL
INFLOW/VOLUME MOMENTUM ARE GOOD. SO TO THE PIG IT SCREAMS
"ACCUMULATION" AND WHEN THAT HAPPENS AND ITS THIS EARLY STAGE,
ITS USUALLY THE SMART, SENIOR MONEY BUYING. THE PIG SAYS IF IT CONTINUES
TO POST DECENT VOLUME, THEN NIBBLE A FEW IF YOU THINK THE SAME
AND HANG ON FOR THE RIDE.
V.B...ANOTHER PIG PAST PICK A WEEK OR SO AGO AT .10 CTS. GOOD SCANS THEN AND NOW RAMPED UP SEVERAL NOTCHES IN SCANNER VARIABLES. ADDING TO AN ALREADY PORKULENT SCAN FROM THE PIGS FIRST MENTION. !!! MOLY"B" IS THE PRODUCT IN QUESTION, MANAGEMENT IS REPUTABLE AND CAPITAL INFLOWS ARE LARGE. CHECK THE CHART IT EMPHASIZES THE SCANNED NUMBERS. THE PIG SAYS BUY AT THIS LEVEL.............NO MORE THAN .17 THOUGH...MAY BE 50 TO 75% MOVE IN STORE FROM THESE LEVELS AND IN THE SHORT TERM BASED ON THE SCANNER NUMBERS.
V.GSH....ANOTHER HIGH SCAN RESULT ON THIS COMPANY. 8 OF 10 SHOWED HIGH AND ONE SHOWED OFF THE CHARTS. THE PROBLEM IS THE PIG CAN'T SEEM TO MAKE A CALL ON IT. SO YOU MAKE IT ON THIS ONE. SOME DECENT RESULTS RECENTLY AND MANAGEMENT SEEMS STABLE. GREAT NUMBERS JUST A CONFUSING COMBINATION FROM THE PIGS POINT OF VIEW. NOTHING BAD BUT THE PIG FIGURES HE WILL LEAVE IT UP TO YOU.
V.FEX....ACCUMULATION CANDIDATE AND SCORED HIGH ON THE VOLUME/MOMENTUM VECTOR. THE CHART BORE THIS FACT OUT. OTHER THAN A BRIEF REST FOR TAX LOSS SELLING IN DECEMBER THIS STOCK HAS BEEN UNDER QUIET AND STEADY ACCUMULATION. A BC PROPERTY PLAY, WITH SOME RESPECTED MANAGEMENT. MAY BE A GOOD STRATEGY TO ACCUMULATE WITH THE SMART MONEY AND SIT AND SEE WHAT THE MANAGEMENT CAN DO. THE PIG THINKS IF IT SOFTENS IN PRICE A CENT OR TWO, HE MAY GRAB A FEW AND SIT UNTIL SUMMER SEASON FOR THE RESULTS. AS THE PROPERTY DEVELOPS, THIS COULD HAVE LEGS. GREAT UPSIDE POTENTIAL. PATIENCE A BIG FACTOR IF YOU TRADE IN THIS COMPANY.
January 16, 2010
Iran-Saudi Arabia come to blows over Yemen
Saudi Arabia has denied being involved in a military offensive against Houthi fighters in Northern Yemen after Iran's president slammed the country over the issue.
Iranian President Mahmoud Ahmadinejad lashed out at Saudi Arabia for its violent military offensive against the civilians in northern Yemen.
""Saudi Arabia was expected to mediate in Yemen's internal conflict as an older brother and restore peace to the Muslim states, rather than launching military strike
[s] and pounding bombs on Muslim civilians in the north of Yemen,"" said Ahmadinejad while addressing the people of Ahvaz on Wednesday.
The Iranian president questioned why Riyadh had not used its military weapons against Zionists to defend Gazans during Israeli 22-day Operation Cast Lead which killed over 1400 people.
The Saudi Foreign Minister Saud al-Faisal, however, denied any Saudi involvement whatsoever in military attacks against the Yemeni Shia fighters, known as the Houthis.
""I don't know where he (Ahmadinejad) got this accusation ... that the kingdom is waging war on the Houthis,"" al-Faisal said in Riyadh.
He added that even the Houthis don't say such a thing. ""The real accusation is that Iran is the one that meddles in Yemen's internal affairs.""
Al-Faisal's remarks, however, quite categorically contradict the news reported nearly on a daily basis by Houthi fighters over the Saudi air offensive against the people of Yemen.
Houthi fighters reported on Wednesday that a man and two of his daughters, civilian all and sundry, were killed by Saudi fighter jets in northern Yemen.
Riyadh joined Yemen's offensive against Houthis after accusing them of killing a Saudi border guard and occupying two border villages on November 3. Houthi fighters have denied the claims.
Yet, the Saudi foreign minister made no response to Ahmadinejad's remarks when it came to the Kingdom's failure in supporting the people of Palestine, despite claiming to be the ultimate defender of Muslims across the world.
Meanwhile, in another speech in the southern city of Hoveyzeh on Thursday, the Iranian chief executive drew an analogy between the September 11 attacks and the Holocaust, and described West's often-stated concerns over human rights, war on terror and democracy as an ""explicit lie.""
""The Western states have always resorted to massacre of defenseless people, in order to infiltrate into special regions, under the pretext of the September 11 attack and Holocaust,"" the Iranian president remarked.
""Some Western states invaded the region (Afghanistan and Iraq) in the wake of the September 11 attack, while al-Qaeda's main hub is located in another country in the region, which enjoys huge oil revenues and good relations with the United States and Western countries,"" Ahmadinejad maintained.
""There are some countries in the Middle East region that do not hold even a single election, don't allow women to drive, but the U.S. and European governments are supporting their undemocratic governments,"" he continued.
(Source: Press TV)
""Saudi Arabia was expected to mediate in Yemen's internal conflict as an older brother and restore peace to the Muslim states, rather than launching military strike
[s] and pounding bombs on Muslim civilians in the north of Yemen,"" said Ahmadinejad while addressing the people of Ahvaz on Wednesday.
The Iranian president questioned why Riyadh had not used its military weapons against Zionists to defend Gazans during Israeli 22-day Operation Cast Lead which killed over 1400 people.
The Saudi Foreign Minister Saud al-Faisal, however, denied any Saudi involvement whatsoever in military attacks against the Yemeni Shia fighters, known as the Houthis.
""I don't know where he (Ahmadinejad) got this accusation ... that the kingdom is waging war on the Houthis,"" al-Faisal said in Riyadh.
He added that even the Houthis don't say such a thing. ""The real accusation is that Iran is the one that meddles in Yemen's internal affairs.""
Al-Faisal's remarks, however, quite categorically contradict the news reported nearly on a daily basis by Houthi fighters over the Saudi air offensive against the people of Yemen.
Houthi fighters reported on Wednesday that a man and two of his daughters, civilian all and sundry, were killed by Saudi fighter jets in northern Yemen.
Riyadh joined Yemen's offensive against Houthis after accusing them of killing a Saudi border guard and occupying two border villages on November 3. Houthi fighters have denied the claims.
Yet, the Saudi foreign minister made no response to Ahmadinejad's remarks when it came to the Kingdom's failure in supporting the people of Palestine, despite claiming to be the ultimate defender of Muslims across the world.
Meanwhile, in another speech in the southern city of Hoveyzeh on Thursday, the Iranian chief executive drew an analogy between the September 11 attacks and the Holocaust, and described West's often-stated concerns over human rights, war on terror and democracy as an ""explicit lie.""
""The Western states have always resorted to massacre of defenseless people, in order to infiltrate into special regions, under the pretext of the September 11 attack and Holocaust,"" the Iranian president remarked.
""Some Western states invaded the region (Afghanistan and Iraq) in the wake of the September 11 attack, while al-Qaeda's main hub is located in another country in the region, which enjoys huge oil revenues and good relations with the United States and Western countries,"" Ahmadinejad maintained.
""There are some countries in the Middle East region that do not hold even a single election, don't allow women to drive, but the U.S. and European governments are supporting their undemocratic governments,"" he continued.
(Source: Press TV)
Pakistan threatens to cancel exploration deal
By Farhan Bokhari in IslamabadPublished: January 14 2010 20:25 | Last updated: January 14 2010 20:25
Pakistan is threatening to cancel a $3bn copper and gold exploration project being developed by Canada’s Barrick Gold and Chile’s Antofagasta in its resource-rich Western Baluchistan province.
Pakistan’s federal authorities stepped in after the provincial government of Baluchistan last month recommended the cancellation of the contract – a move that needs the federal government’s backing before it can be formalised.
Shaukat Tarin, the finance minister, told the Financial Times that the government wanted to “protect the country’s national interests”.
The decision would be a setback for the few foreign investors still prepared to venture in to the strife-ridden south Asian country, and it would also be a setback for Barrick, the world’s biggest gold producer which has talked about Reko Diq as among the most exciting projects in its exploration portfolio.
But the Pakistani government says a reassessment is necessary to avoid selling valuable national interests at throwaway prices.
“We can’t continue with this project in its present form. We have to protect our key national interests,” Mr Tarin said.
Barrick, the lead investor on the project, said on Thursday: “We have not been officially notified. We’re seeking to clarify what’s happening.”
In November, Aaron Regent, chief executive of Barrick, played down the political risks of operating in a country like Pakistan. “Chile in the 1980s was perceived as having too much political risk. We had an option to buy Escondida [the world’s biggest copper mine] and turned it down,” he told the FT.
Barrick and Antofagasta agreed to buy into Tethyan Copper company in 2006. They have a combined ownership of 75 per cent and the province of Baluchistan owns 25 per cent.
Mr Tarin said raw copper extracted from the exploration site at Reko Diq would earn between $40bn-$50bn in raw copper exports in the next 25-30 years.
“This is a tenth of what we could earn for Pakistan if the investor was to put in a processing plant to smelter the copper and export it in a refined form. Why should they [investors] take our raw material for processing to a third country and then make huge profits?”
A senior official in the provincial government of Baluchistan said the export earnings could jump to $1,000bn in the next 25 to 30 years including earnings from gold and other precious minerals.
Baluchistan has been at the centre of an insurgency for almost four decades. The government has been trying to pacify armed militants there, by offering incentives such as more money for social services and larger government representation for people from the province.
Additional reporting by Bernard Simon in Toronto
Pakistan’s federal authorities stepped in after the provincial government of Baluchistan last month recommended the cancellation of the contract – a move that needs the federal government’s backing before it can be formalised.
Shaukat Tarin, the finance minister, told the Financial Times that the government wanted to “protect the country’s national interests”.
The decision would be a setback for the few foreign investors still prepared to venture in to the strife-ridden south Asian country, and it would also be a setback for Barrick, the world’s biggest gold producer which has talked about Reko Diq as among the most exciting projects in its exploration portfolio.
But the Pakistani government says a reassessment is necessary to avoid selling valuable national interests at throwaway prices.
“We can’t continue with this project in its present form. We have to protect our key national interests,” Mr Tarin said.
Barrick, the lead investor on the project, said on Thursday: “We have not been officially notified. We’re seeking to clarify what’s happening.”
In November, Aaron Regent, chief executive of Barrick, played down the political risks of operating in a country like Pakistan. “Chile in the 1980s was perceived as having too much political risk. We had an option to buy Escondida [the world’s biggest copper mine] and turned it down,” he told the FT.
Barrick and Antofagasta agreed to buy into Tethyan Copper company in 2006. They have a combined ownership of 75 per cent and the province of Baluchistan owns 25 per cent.
Mr Tarin said raw copper extracted from the exploration site at Reko Diq would earn between $40bn-$50bn in raw copper exports in the next 25-30 years.
“This is a tenth of what we could earn for Pakistan if the investor was to put in a processing plant to smelter the copper and export it in a refined form. Why should they [investors] take our raw material for processing to a third country and then make huge profits?”
A senior official in the provincial government of Baluchistan said the export earnings could jump to $1,000bn in the next 25 to 30 years including earnings from gold and other precious minerals.
Baluchistan has been at the centre of an insurgency for almost four decades. The government has been trying to pacify armed militants there, by offering incentives such as more money for social services and larger government representation for people from the province.
Additional reporting by Bernard Simon in Toronto
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