THE PIGS TAKING A BREAK FROM SOME CHORES AROUND THE FARM. WHILE DOING SOME FENCE MENDING, IT CAME TO MIND THAT SUMMER IS A TIME AND MINDSET THAT EVOKES RELAXATION, RECREATION, AND IN THE CASE OF THE MARKETS, SOMETIMES RETARDATION. THE PIG MEANS THERE'S NEVER ANY PREDICATED PERFORMANCES, YOU CAN EXPECT TO MAKE MONEY, YOU WANT TO MAKE MONEY, BUT IN THE END THERE'S ALWAYS THE CHANCE YOUR MONEY WILL MAKE YOU, IF YOUR NOT CAREFUL. A WEEKEND CHOCK FULL OF CHOICE CHOPS FOR YOUR PLATE...
ADT.V...RESURGENCE OR REGURGENCE ? SCANNER SAYS SOMETHINGS GOING ON IN THIS PERKY PIGLET. BIG NUMBERS IN NET CAPITAL INFLOW, MOVING AVERAGES AND DISTRIBUTION OF VOLUME AREAS. MAYBE SOMETHINGS AFOOT ?? NICE CHART TOO.....
THE PIGS RUMOUR OF THE WEEK.............
( A LITTLE DD FOR YOU, BELOW)
( A LITTLE DD FOR YOU, BELOW)
http://greenlightresources.ca/FACTSHEET/PHE-Fact-Sheet.pdf
Lithium-based batteries power mobile phones, laptops and scores of other devices, and are used widely in military and medical hardware. Lithium is also used in mood-stabilizing drugs.
But a worldwide boom in lithium exploration has begun as new battery technology, based on the silver-white metal, fans hopes for a new generation of longer-range all-electric and hybrid vehicles.
The world lithium battery market for electric and hybrid vehicles will grow from 2,400 units in 2008 to 1.53 million units by 2015, high-tech consulting firm Frost and Sullivan says.
AKA.V...THE PIG SAYS DEAD CAT BOUNCE OR HEP CAT FLOUNCE ? THE SCANNER SAYS "LOOK" AT ME. SOME NICE ACUMULATION, DISTRIBUTION AND MOVING AVERAGE NUMBERS WITH A SUBSTANTIAL TURNAROUND IN CORE SENTIMENT.
THE PIG SAYS ANY OF YOU OUT THERE THAT ARE GOLD BUGS OR ARE JUST REALLY INTERESTED IN THE WORLD ECONOMY SHOULD DOWNLOAD THIS PDF AND READ IT...THE PIG DID AND WOW....
http://www.mediafire.com/?zmmzgn4z3an
XCT.V....OH XCT, OH XCT, WHAT ARE YOU TELLING ME ?..LOTS OF BUYING ON THIS PIGGY, SOME NICE NUMBERS SCANNED IN THE MOMENTUM SWING AREA AND OF COURSE NET CAPITAL IN. SO THE PIG ASKS WHATS THE BIG DEAL ? SOMETHING OBVIOUSLY IS......
Jim Sinclair’s Commentary
Deutsche Bank:
U.S. Financial Conditions Just Collapsed Back To Crisis Levels
Vincent Fernando, CFA | Jun. 24, 2010, 5:36 AM
Deutsche Bank has a new and improved index of U.S. financialconditions, and this index just slumped back towards the lows of ourrecent crisis.
Deutsche Bank’s Peter Hooper:
Financial conditions appear to have worsened substantially inrecent quarters based on our update of the broad index of US financialvariables presented earlier this year at the US Monetary Policy Forum.In the wake of recent developments in Europe, increased stress infinancial markets has pushed that index halfway back to its immediatepost- Lehman crisis lows.
The index is built from an array of financial indicators such asU.S. treasury yields, the volatility index (VIX), the stock market,Broker-Dealer leverage, among others. It’s a bit of a black box, butit’s calculation is giving a similar reading to what we saw during theworst of the financial crisis.
Back towards crisis levels.
How about to worse than recent crisis levels in this Ski Jump Virtual Recovery.
Deutsche Bank:
U.S. Financial Conditions Just Collapsed Back To Crisis Levels
Vincent Fernando, CFA | Jun. 24, 2010, 5:36 AM
Deutsche Bank has a new and improved index of U.S. financialconditions, and this index just slumped back towards the lows of ourrecent crisis.
Deutsche Bank’s Peter Hooper:
Financial conditions appear to have worsened substantially inrecent quarters based on our update of the broad index of US financialvariables presented earlier this year at the US Monetary Policy Forum.In the wake of recent developments in Europe, increased stress infinancial markets has pushed that index halfway back to its immediatepost- Lehman crisis lows.
The index is built from an array of financial indicators such asU.S. treasury yields, the volatility index (VIX), the stock market,Broker-Dealer leverage, among others. It’s a bit of a black box, butit’s calculation is giving a similar reading to what we saw during theworst of the financial crisis.
FV.V.....BIG NEWS RECENTLY AND AS A RESULT EVEN BIGGER NUMBERS OFF THE SCANNER. YOU CAN TELL BY THE CHART WHATS COOKING HERE. THE PIG SAYS HOW LONG BEFORE A JV GETS ANNOUNCED ON THIS PLAY ? THEN WATCH THE FIREWORKS....
Today’s Lead Story
Daily Oil Bulletin: Jun 25, 2010
Interest In Cordova Embayment Drives B.C.'s June Land Sale
By Richard Macedo
Heavy interest in the Cordova Embayment northeast of Fort Nelson helped power the June land sale in British Columbia which attracted $404.3 million in bonus bids. The province sold 134 216 hectares at an average of $3,012. The June sale in 2009 attracted $178.4 million on 63 611 hectares, an average of $2,804. Year-to-date, B.C.'s auction revenue sits at $609.2 million for 245 417 hectares at an average of $2,482. To the same point last year, $246.4 million had rolled into government coffers for 163 665 hectares at an average of $1,505.
Energy Minister Bill Bennett said he was surprised at the amount of money spent at this week's sale, the fifth largest in its history.
"We were looking at something in the order of maybe $250 million so we're well above that. It was a very pleasant surprise," he told the Bulletin. "When you think about the slowdown due to the recession over the past couple of years there is also, I think, a renewal of confidence that comes...as you come out of a recession."
Tapping overseas markets for B.C.'s natural gas will be key, he added.
"Obviously companies are interested in shale gas in the Cordova Embayment and it's nothing but good news for the taxpayers of B.C. because that's, frankly, how we pay for all the things that everybody wants," Bennett said.
Twenty-one parcels of deep rights in the Cordova Embayment region 150 kilometres northeast of Fort Nelson attracted over $260 million in bonus bids at prices ranging from $2,224 to $13,880 per hectare. Nexen Inc., Canadian Natural Resources Limited and Penn West Energy Trust have experimental schemes in the Cordova Embayment targeting Devonian-aged shale (DOB Aug. 27, 2009).
The Embayment covers an area of roughly 379 000 hectares - compared to the Horn River Basin's 1.28 million hectares - and lies within the northeast section of the Fort Nelson/Northern Plains region. The area is to the east of locations that have well-established Devonian Jean Marie gas production and deeper targets such as the Slave Point and Pine Point (Keg River) carbonates.
Britt Resources Ltd. paid a land sale high $13,879 per hectare for a 1 824 hectare licence. The broker tendered a bonus of $25.3 million, acquiring several units of land at B-94-P-15 and C-94-P-15. Landsolutions Inc. tendered the bonus high of $28.9 million for an adjacent 2 081 hectare licence at G-94-P-15 and H-94-P-15.
Other land sale highlights included eight drilling licences in the Liard Basin, 135 kilometres northwest of Fort Nelson. Bonus bids totaled more than $92 million ranging from $2,306 to $2,711 per hectare.
Scott Land & Lease Ltd. acquired a 5 200 hectare drilling licence for just over $14 million. The broker paid $2,700 per hectare for the rights to several units at G-94-N-16, H-94-N-16, I-94-N-16 and J-94-N-16.
Nine parcels in the Blueberry area, 80 kilometres northwest of Fort St. John had per hectare bids ranging from $1,137 to $6,118.
Saturday, June 12, 2010
http://sdai-tech1.blogspot.com/2010/06/abiotic-oil-secret-of-bp-oil-spill.html
Abiotic Oil - The Secret of the BP Oil Spill.
As usual, here is the place where you get the unfettered truth about what's going on in the world and today I will pull back the curtains on the BP oil leak and what will go down as one of the most important discoveries of the 21st century - that oil is abiotic - produced inside the Earth and is not simply rotting dinosaurs and old plants (aka "fossil" fuel).The amount of oil seeping into the Gulf of Mexico, at this very moment, emerges from an *ocean* of oil that is almost as large as the Gulf itself! This ocean of oil didn't appear there because it was a giant fish graveyard. It was not a prehistoric jungle 20 miles high and 500 miles wide. This oil is abiotic oil and is produced by geological actions in the earth itself.
Abiotic oil is created by intense pressures on carbon, hydrogen, oxygen and sulphur. The sort of pressures required to create oil are natural as one gets down a certain depth under the heavy crust and in the upper layers of the mantle. In some ways oil is the natural lubrication system for the crust and the upper layers of the mantle as it shifts and orbits the planet's core.
The best think-tanks have known this for several decades now and have kept it hush hush to keep prices of oil high and help the oil industry. This was necessary because oil companies have huge assets and those assets are put to good use in infrastructure, research and development in more than simple oil production. Capitalism requires that certain commodities be given a value above and beyond the cost of procurement. Now that we have a leak which will not be able to be plugged, it's time to prepare and explain what exactly is going on with the Deep Horizon well and why it is almost impossible to cap that Genie back in the bottle.
The underground oil oceans are under far more pressure than their ground well brethren and contain much more oil. At the depth of the Deep Horizon well, one mile under the sea the per inch pressure is 2640 pounds per square inch. The ocean floor in these locations is very dense and can contain the underground oil oceans. Even so, in the Gulf, an Exxon Valdez size amount of oil naturally seeps into the Gulf every year. This under crust oil is seeping into all the oceans, but the Gulf, due to its size and geographic position, makes the seepage measurable.
So BP can be excused a great deal of ignorance in dealing with this new type of well. The typical cures are not working and they will not work. Think how much pressure this underground oil must exist with to support the thin crust between it and the ocean! The odds are the Gulf's underground oil ocean exists between 15,000 and 30,000 psi at all points. Most oil equipment is not made to handle the upper end of this pressure spectrum. So caps blow off, plugs fail and almost nothing can stem the flow of oil now merging an ocean of oil and the Gulf of Mexico.
The two relief wells now being drilled are probably not a good idea, because unlike a ground well this may not "divide" the pressure and create 3 wells with manageable 5,000 psi flows. In fact, depending on the size of this ocean of oil, twenty or thirty relief wells might still only bring the psi down to 10,000! So the relief wells may just create 3 leaks where there was one before. If this is the case, BP seriously needs to fire their current geologists and hire some of the Russian abiotic oil scientists to assist them in corralling the flow from this oil ocean. Watch the news, and hope that BP actually understands what it is dealing with because the relief well option illustrates some of the senior geologists at BP do/did not think the oil is abiotic. If, in August, when the relief wells are finished and we have 3 leaks in lieu of one you will understand why. After reading this you will know more than the BP geologists.
So rejoice. Do not crucify BP for their ignorance in this matter. Thank them. They have, accidentally, proven oil is abiotic and that "Peak oil" is a myth. Do not expect prices to reduce that much though, because this abiotic oil is generating huge new expenses to control and recover. The very good side of this equation is that it wont run out - until the planet itself does. The energy crisis - which was always a myth - is over. Don't let the government get away with issuing no new undersea drilling permits. BP will need to be there for decades and you want other companies to develop experience in this regard. Tapping abiotic oil from under the seas will require all the world's great oil companies expertise. Geologists will need to get better educations than the one's they have gotten. The truth is geology is almost as 'mystical' a science right now as weather prediction. No one knows what is at the core, in the mantle or exactly how a planet forms in the first place and its relationship to the solar body it orbits.
Well...some people do, but they either work here or get their information here where no question is impossible to answer and where peeks behind the curtain of life are par for the course. ;-)
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