THE PIGS RECEIVED LOTS OF EMAIL THE LAST 48 HOURS ON A COUPLE OF PICKS HE HAS MADE THE LAST WEEK. NOW THE PIG IS RELUCTANT TO GET INTO "PUSHING" A BUY OR SELL DOWN ANYBODIES THROAT. THE PIG TRIES TO BE AS RESERVED, IMPARTIAL AND INDEPENDENT AS POSSIBLE. BUT A PIG CAN GET EXCITED, AND A PIG CAN GET A LITTLE PIG EYED ON OCCASION.
NEVERTHELESS, THE PIG TRIES TO TEMPER THOSE PIG LIKE EMOTIONS WITH HARD DATA, FACTS, SCANNING AND CHARTS. IF THE PIG SEES A GOOD BUY, HE LIKES TO TELL YOU ABOUT IT AND YOU MAKE THE DECISION, JUST THE SAME, IF ITS BROUGHT TO HIS ATTENTION BY A READER AND IT FITS THE BILL, HE PASSES IT ALONG AFTER DOING SOME CHECKING. THE PIG (AND HIS JUNIOR PIG) MAKE A BIG EFFORT TO VERIFY THINGS AND GIVE A GOOD GOING OVER BEFORE IT HITS THE BLOG.
WE ARE ALL IN THIS FOR THE SAME REASONS....TO MAKE MONEY...HAVE SOME FUN.....AND RETIRE EARLY...........OKAY JUST RETIRE THEN..........HAVE A GREAT LONG WEEKEND (IN CANADA) AND SEE YOU TUESDAY....
FNDM.OTC.....HAD A GREAT START TO FRIDAYS TRADING, HOWEVER THE LAST OF THE SHORTS PULLED THEIR SHORTING AT THE CLOSE ROUTINE TO COVER BEFORE NEXT WEEKS NEWS. AND PROMO CAMPAIGN START. SOME OF YOU SHREWD'S COULD HAVE HAD A FEW AT .085 AND BE IN FOR THE RUN. THE PIG DID SOME CHECKING AND IT LOOKS LIKE THE 1.658 MILLION SHARES THAT WERE SHORTED BELOW .50 ARE FINISHED. THIS FREES IT UP FOR A RUN AT THE TOP. THE PIG TALKED TO IR AGAIN FRIDAY AND HE RE-ITERATED THAT THE GOAL OF MANAGEMENTS WAS SHORT TERM $1 AND BY CHRISTMAS OVER $2. THE COMPANY SEEMS TO BE LOOKING AT A SENIOR BOARD LISTING AND IS CONCERTED TO FIND WAYS ON MOVING THE MARKET CAP UP SUBSTANTIALLY FORM CURRENT LEVELS. AMERICAN MARKETS ARE OPEN MONDAY SO THE PIG EXPECTS A GOOD SHOWING THIS WEEK AND FURTHER THROUGH THE REMAINDER OF THE SUMMER AND INTO THE FALL.
Going to the NYSE....
There's every reason to believe a new 52 week high will occur....maybe sooner than we think....being that a substantial commitment made by a high profile client will not only raise their value, but raise their profile, their accessibility to/from institutional money sources, international exposure and demand therein (Saudis I am thinking) and eventually a lead onto the big board in New York
. This OTC situation is a flash in the pan, the CEO and management team
have bigger and better things on the boil than this exchange. So if your anyone of the trading houses abusing/or attempting to abuse this stock....take heed...there is some power above your heads here.....you might not like what comes down from on high should you be doing so. Day to day gyrations can and will happen......I am thinking we are seeing the beginning of the end of those days in pits, this ones going to the penthouse to trade with the rest grey flanneled crowd.FAU.V....THE COMPANY IS STARTING AN ANALYSTS TOUR WEEK AFTER NEXT. THERE ARE SUBSTANTIAL RESULTS YET TO COME AND `THEY ARE UNDERWAY WITH THE HIRING OF A MINE MANAGER FOR THE SITE. SEVERAL NEWSLETTERS HAVE THIS PEGGED AS THE JUNIOR EXPLORER STOCK OF THE YEAR, AND THE PIG HAS IT PIGGED ALSO TO BE A KEEPER. THE MARKET HAS BEEN REACTING TO MANY STOCKS IN AN ODD WAY OVER THE MONTH OF JULY, INCLUDING THIS PIGLET. NEEDING NOT TO WORRY, THE PIG SAYS THE RESULTS COMING WILL GIVE THE LIFT REQUIRED INTO THE FALL TO TAKE THIS TO $1 PLUS. THE PIG THINKS THEY HAVE FOUND WHAT THEY WERE LOOKING FOR AND ARE NOW CONCENTRATING ON THAT AREA AS A WAY TO FATTEN AND COMPLETE THE 43-101 COMPLIANT RESOURCE REPORT SLATED FOR LATE FALL.
NPE.V...TURNAROUND OR RUN-AGROUND ? BIG REVERSAL NUMBERS POSTED ON THIS PIGLET. SCANNER IDENTIFIED SEVERAL AREAS OF INTEREST INCLUDING MOMENTUM, MOVING AVERAGE AND NET CAPITAL REVERSALS. CONCERNS WOULD BE LACK OF LIQUIDITY AND A CONTINUED UPDRAFT. CHANGE THOSE AND THE WORLDS YOUR OYSTER. THE PIG WILL WATCH LIST IT ANYWAY AS HE LIKES THE DRAMATICS SHOWN BY THE NUMBERS.
TEN.V......THIS PIGLETS BEEN IN AND OUT OF THE TOP TEN SCANNERS FOR A MONTH. ACCUMULATION IS THE BUZZ WORD HERE AND THE QUESTION IS WHY..... NEVERTHELESS, THE PIG SAYS IT SCANNED WELL IN A NUMBER OF AREAS. ITS LOOKING GOOD FOR A MOVE, .......SHOULD WE SEE LIQUIDITY CONTINUE, THEN MIX IN A SPRINKLING OF PATIENCE, AND A PINCH OF NEWS ............AND THE RESULT SHOULD BE A CANDIED CAKE OF PORKY PROFIT.................REMEMBER LIQUIDITY AND PATIENCE ....
THE PIGS FUNNY VIDEO OF THE WEEK.....
http://www.youtube.com/watch?v=jo9-bcbLn1Q&feature=related
THE PIGS RANDOM CUT AND PASTE OF THE WEEK....(A STOCK TIP ...HINT HINT)
AMZ numbers 15 billion tons x 10% potash = 1.5 billion tons potash
Brazil pays $400 too $600 per ton for potash
So amz Value is 600 billion too 900 billion dollars
Yes the numbers are so huge its UNREAL
API owned 25% of 425 mil tons in Sask and BHP bought out API at $8.35 per share
API had 38 mil shares OS
So had API owned 100% x the $8.35 by 4 = $33.40 at 435 mil tons
So Amz has 1.5 bil tons 30 mil shares OS tightly held that is very close too 100 dollars per share based on the BHP deal with Api
Fact is Brazil imports 90% of there Potash and grows 3 crops per year
AMZ deposit is more valuable than API deal was
AMZ has a 1000 years of Potash Deposit
The Big Mining Giant will buy this out sooner or later and pay a big Premium
Suncor Energy's shares jump as profitability returns
The company’s shares climbed as high as $33.89 in morning trading on the Toronto Stock Exchange after it recorded second quarter net earnings of $480 million or 31 cents per share compared to a net loss of $51 million six cents per share for the second quarter of 2009.
Excluding one-time items, operating earnings of $781 million or 50 cents per share compared to $38 million or four cents per share in the same period of last year.
In a news release, the company credited higher oil prices, offset by a stronger Canadian dollar, for the positive result.
Thanks to contributions from Petro-Canada, Suncor said its oilsands production reached a record high of 330,000 barrels per day in April, although planned maintenance at its two upgraders in May and June lowered the second quarter average. Total upstream production averaged 633,900 barrels of oil equivalent per day.
“Even with the impacts of maintenance, we had one of our best quarters for oilsands production on record,” Suncor CEO Rick George said in a statement. “Although we have some planned maintenance remaining, we’re targeting a strong second half to the year.”
© Copyright (c) The Calgary Herald
Heartland pushing for 4 Alta. upgraders
JULY 29, 2010
Alberta's Industrial Heartland Association has launched a new public campaign to build support for the oilsands value-added chain, including seeing four new upgraders built in the province."In our discussions regarding the issue and the importance of the issue we really felt that there had to be a higher profile within the public of what was going on and some of the opportunities we wanted to set the path on," said Neil Shelly, executive director of Alberta's Industrial Heartland Association.
The campaign is aimed at increasing public awareness about the importance of upgrading the province's raw bitumen here, rather than shipping it to other countries to be refined.
According to the news release from the association, the per cent of Alberta's resources that are processed in the province will drop from 70 to 40 by the year 2020 if current trends continue. Alberta currently refines the lowest percentage of its natural products than any other jurisdiction in North America.
"We're behind and supportive," said Mayor Jim Sheasgreen. "More upgraders in the area is good for not just Fort Saskatchewan, not just for the heartland municipalities but for the entire province."
"I know there's always a question of 'how much' and 'should there be,' and 'how much is too much'," he said, adding that the campaign is only aiming at educating the public at this time.
"We took a lot at the benefits, both ecological and economical and basically if you look at it, it provides a huge opportunity for growth in the area — short term in construction jobs and long term in operating jobs," said Shelly. "So we really see this as the base for building a great economic future for the area going forward."
The potential benefits of upgrading bitumen in Alberta go beyond just upgrading, said Shelly.
Locally, the upgraders pay a large amount of taxes — meaning tax levels in the surrounding areas will remain reasonable. Provincially, it also pays many taxes to the province — an alternative form of revenue, making royalties less of an issue — and can also add significantly to the gross domestic product (GDP) of the province.
Shelly estimated that if 2 million barrels of bitumen were extracted, that would generate about $25 billion a year for Alberta's economy. If it were upgraded here, you could double the GDP to $50 billion.
"Another important part is that in the upgrading process some very important by-products are produced that can become the basis for a whole petrochemical industry," he said. "And that can add an additional $25 billion a year."
If the petrochemical industry takes off, it could lessen the boom and bust effect of fluctuating oil prices.
With the announcement of the bitumen royalty in kind (BRIK) program last year, construction is poised to begin next year on the North West Upgrader, but that's only a small step in reaching Alberta's full potential, according to the release.
Shelly said that the association has been continually talking with the provincial government about this issue over the years, adding that they both share the vision of moving the product up the line — last year's Oil Sand's Strategy is one result of that.
But Shelly said that because the situation is so dynamic, with oil prices and the economic situation, that no one has been able to come up with a sure-fire solution to the issue.
The heartland has formed a coalition with other groups, including labour groups, the Building Trades of Alberta council, contractors and the Canadian Chemical Producers Association.
For more information on the Refine It Where We Mine It campaign, visit www.refineitwherewemineit.ca.
tessa@bowesnet.com
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