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The GEO Group, Inc. Message Board

mmjohntx 206 posts  |  Last Activity: Jun 27, 2012 1:33 PM Member since: Jun 9, 2003
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  • Reply to

    Guesses on first trade?

    by aiwgolfer Jun 27, 2012 1:30 PM
    mmjohntx mmjohntx Jun 27, 2012 1:33 PM Flag

    $13.50

  • Reply to

    Congrats to those with!

    by bankruptgreek Feb 16, 2012 10:59 AM
    mmjohntx mmjohntx Feb 16, 2012 12:04 PM Flag

    I guess your are forgetting they to a big hit last quarter as well. I'm out until positive news from Goldex. A maybe from this mgmt team isn't good enough for me.

  • Total lines up to join Sabine Pass liquefaction push
    04 Nov 2011 11:15:51


    French oil and natural gas major Total is close to signing a firm long-term sales agreement with Cheniere Energy to lift 3.5 million tonnes per annum (mtpa) of LNG from its Sabine Pass liquefaction project, according to sources close to the deal.
    The structure of the deal is understood to be virtually identical to Cheniere's 20-year sales and purchase agreement signed with BG Group last week, the first firm offtake deal signed by the project (see GLM 28 October 2011). Under that agreement BG will pay the US developer a fixed take-or-pay fee of $2.25/MMBtu to cover the procurement, liquefaction and loading costs at the Sabine Pass plus an interruptible 115% of US Henry Hub natural gas futures fetching fee paid to Cheniere to provide free on board (FOB) cargoes.
    Total is also understood to be taking the commercial export agreement one step further by assuming an ownership stake in Cheniere's Sabine Pass Liquefaction company. Specific terms of the equity stake were undisclosed.
    Bringing an equity partner into the project has been seen as crucial for Cheniere if it is to secure its financial future and reduce its $3.14bn debt, which includes $2.2bn specifically related Sabine Pass.
    While credit rating agency Standard & Poors (S&P) called Cheniere's deal with BG a "significant milestone" in its efforts to generate future cash flows, it has reaffirmed its CCC+ junk-status rating with a negative outlook.
    "Assuming its current liquidity does not materially improve, Cheniere will not be able to make its 2012 maturity payments," S&P said in a report released on Monday.
    "The company must generate significantly more liquidity to avoid further credit deterioration or default. We believe its options include further asset sales and terminal use agreements (TUAs), incremental LNG marketing activity, equity offerings, and debt restructuring."
    Closing in on sales threshold
    A firm 3.5mtpa sales commitment from Total would bring Cheniere to the 7mtpa threshold, a figure that chief executive Charif Souki told ICIS Heren last week was the target for moving forward with the first phase of the liquefaction project.
    Phase One at Sabine Pass is planned for two liquefaction trains of 4.5mtpa capacity each, with Cheniere indicating that it will retain and market the remaining 2mtpa.
    Cheniere and Total both declined to comment when contacted to confirm the deal.
    Total is already an import capacity holder at Sabine Pass where it has 1 billion cubic feet/day - 0.2 million cubic metres/day - of regasification capacity as part of 20-year terminal utilization agreement.
    The agreement with Cheniere follows Total's declaration last week that the company has been studying the possibility of exporting US gas but provided no additional details.
    Total secured a firm upstream US unconventional gas presence in December 2009 when it purchased 25% of Chesapeake Energy's portfolio in the Barnett Shale Basin in Texas.

  • Reply to

    TBT - What's the bottom?

    by trader537 Aug 18, 2011 10:10 AM
    mmjohntx mmjohntx Aug 18, 2011 4:05 PM Flag

    Fibonacci Fate Date for a Bear Bond Market?
    CNBC ^ | 5 Aug 2011 | Rick Santelli
    Posted on Friday, August 05, 2011 3:42:29 PM by george76
    One of the greatest technicians of all time was a man named W. D. Gann (1878-1955). He had tremendous success predicting market moves much in advance. Legend has it that he occasionally sent notes to The Wall Street Journal, which accurately predicted tops and bottoms in grain markets months ahead of time.
    There are two Gann principles that I have always respected. They are that historical prices alone aren’t predictive unless paired with time; and that the “birth dates” of contracts are of major significance. The birth date is the first day a contract, stock, or grain begins trading. And birth dates that occur during "Fibonacci" years are even more significant. The larger the Fibonacci number, the more significant.
    Leonardo Fibonacci, the great 13th century Italian mathematician (1175–1250) created the “Fibonacci sequence” to explain behavior in nature mathematically. History has it that the first question he posed was how many rabbits would be created in one year starting with one pair.
    ...
    On August 22, l977, the Chicago Board of Trade started trading 30-year bond futures. This year, August 22 falls on a Monday. It will be the THIRTY-FOURTH ANNIVERSARY (34 is a Fibonacci number). My goal is not to make a market prediction as much as to share a fascinating possibility.
    The next Fibonacci number is 55, it's a difference of 21, which could determine the length of the next cycle. If this Gann cycle is accurate, it may mean a cycle high in price, a cycle low in rates in the Treasury complex could occur possibly on August 22, or thereabouts. Another way to look at this would be, that it may be the BEGINNING OF A 21-YEAR CYCLE in lower prices, higher rates.

  • Reply to

    Don't be surprised if treasuries yields fall

    by dcxavier Aug 5, 2011 11:12 PM
    mmjohntx mmjohntx Aug 8, 2011 1:37 PM Flag

    Free Republic
    Browse · Search News/Activism
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    Skip to comments.

    Fibonacci Fate Date for a Bear Bond Market?
    CNBC ^ | 5 Aug 2011 | Rick Santelli
    Posted on August 5, 2011 3:42:29 PM CDT by george76

    One of the greatest technicians of all time was a man named W. D. Gann (1878-1955). He had tremendous success predicting market moves much in advance. Legend has it that he occasionally sent notes to The Wall Street Journal, which accurately predicted tops and bottoms in grain markets months ahead of time.

    There are two Gann principles that I have always respected. They are that historical prices alone aren’t predictive unless paired with time; and that the “birth dates” of contracts are of major significance. The birth date is the first day a contract, stock, or grain begins trading. And birth dates that occur during "Fibonacci" years are even more significant. The larger the Fibonacci number, the more significant.

    Leonardo Fibonacci, the great 13th century Italian mathematician (1175–1250) created the “Fibonacci sequence” to explain behavior in nature mathematically. History has it that the first question he posed was how many rabbits would be created in one year starting with one pair.

    ...

    On August 22, l977, the Chicago Board of Trade started trading 30-year bond futures. This year, August 22 falls on a Monday. It will be the THIRTY-FOURTH ANNIVERSARY (34 is a Fibonacci number). My goal is not to make a market prediction as much as to share a fascinating possibility.

    The next Fibonacci number is 55, it's a difference of 21, which could determine the length of the next cycle. If this Gann cycle is accurate, it may mean a cycle high in price, a cycle low in rates in the Treasury complex could occur possibly on August 22, or thereabouts. Another way to look at this would be, that it may be the BEGINNING OF A 21-YEAR CYCLE in lower prices, higher rates.

  • Reply to

    who is AEM going to buy with the money?

    by bugsyadog Nov 19, 2008 1:06 PM
    mmjohntx mmjohntx Nov 19, 2008 4:41 PM Flag

    Minefinders is who they should buy.
    MFN closed at CAD$3.85 which gives them a market cap $205 million. You get a mine that just poured its first gold and silver and will produce for the next 15 years + exploration potential.
    Throw a 20% premium over Minefinders current price and AEM has the cash to pull it off.
    Cash + AEM shares makes it even easier.

  • mmjohntx by mmjohntx Jun 1, 2006 2:46 PM Flag

    see news today

  • Reply to

    BUY IVN or EGI ??? <EOM>

    by colden Mar 21, 2006 11:30 PM
    mmjohntx mmjohntx Mar 23, 2006 11:51 AM Flag

    I own 2000 Ivanhoe and 27000 EGI
    I believe EGI has more leverage and it is grossly undervalued based on the known resources not to mention exploration upside. I will continue to add on any weakness and feel right now EGI is worth atleast $6.

    March 22,.2006
    Ulaanbaatar, MONTSAME/. Mongolian President Mr. N.Enkhbayar received yesterday the former US Secretary of State Mr. James A.Baker, who was in Mongolia on a visit. The President said the USA strictly support the democracy and reform processes in Mongolia and thanked Mr. Baker for making efforts to the promotion of the bilateral relations. Mongolia has been developing in a democratic way despite pressing issues, he said. Then Mr. Enkhbayar made a briefing on Mongolia s current socio-economic situation and foreign policy. Mr. Baker expressed his thanks to the President for warmly receiving him and stressed that he visited Mongolia with the aim to establish ties between the Baker Institute and related Mongolian institutions. He pointed out that he exchanged view with the officials of Mongolian Government and related ministries on the issues related to Mongolia s policy on foreign investment and a mechanism to attract foreign investments. The President of Mongolia expressed his support to the proposal by Mr. Baker to arrange a discussion between the Mongolian Government and the Canadian Ivanhoe Mines company for the conclusion of a stability agreement. He emphasized that there is a requirement to conclude the agreement for the interests of both of the Mongolian nation and foreign investors.

  • This is a former Luisman/Wheaton River Minerals property.
    La Preciosa Project in Durango, Mexico


    Orko Completes 22 Million Ounce Silver Resource Estimate
    Thursday January 19, 2:43 pm ET

    http://biz.yahoo.com/ccn/060119/200601190306738001.html?.v=1

  • I know you follow Miramar. I thought I would ask you about La Mancha Resources and their CEO Wally Berukoff (LMA.V)(LACHF.PK)???
    Any opinions on recent news?

    http://biz.yahoo.com/cnw/060110/lamancha_acquire_mine.html?.v=1

  • Today on Robtv Pat Bolland interviewed Telfer. At the end of the interview, he asked Telfer,

    Bolland: I noted you have a project (Black Bear) you are giving updates, what the latest there.

    Telfer: on which one?

    Bolland: the Black Bear Gold property which is a jv with MetalCorp.

    Telfer: I'm sorry, I'm not familar w/that project, I apologize.

    Bolland: Oh! I thought that was you.

    Telfer: It could be us. It could be an exploration jv with one of the smaller companies but I cant comment on it. I'm Sorry.

    Bolland: Don't worry about it. I just saw it in one of the headlines that came across.

    It was quite funny. I realize that Telfer is a deal maker but you would think he would be familar with a Goldcorp jv where they are spending $1.8 million on exploration. There was a press release just yesterday that drilling commenced on the property.

  • Typhoon Platform pictures before and after

    ://www.resourceinvestor.com/pebble.asp?relid=13201

    just add (http) to the link

  • NovaGold Sitting on Two Elephants

    By Michael J. DesLauriers
    27 Sep 2005 at 09:16 AM EDT


    DENVER (ResourceInvestor.com) � NovaGold Resources [TSX:NG; AMEX:NG] is fortunate enough to be sitting on two of North America�s largest undeveloped deposits. One wonders for how long? With a production profile that increases in a straight line from about 100,000 ounces starting late next year up to over 1 million (gold equivalent) in five years time, the company seems like a probable takeover target.

    One possible scenario has Placer Dome [TSX:PDG; NYSE:PDG] taking NG out for Donlin Creek and then selling off all of the company�s other assets, making the net acquisition cost vastly more appealing.

    Resource Investor got the chance to interview President and CEO Rick Van Nieuwenhuyse after his presentation today and discuss some points of interest for investors.

    Van Nieuwenhuyse is convinced the stock is cheap and can generate the most value for shareholders if left to its own devices. He put together a very compelling presentation comparing NG to a host of other companies at various stages of development and making NovaGold appear comparatively cheap right down the line.

    Van Nieuwenhuyse voiced his opinion to RI saying, �I think NovaGold is bound for a revaluation here because we are putting Rock Creek into production. It�s our smallest asset but it is the asset that will start the chain of events towards becoming a producer. We�re on track to do that next year, the barges are loaded up and have all the equipment and supplies on them and will be delivered to Nome in about three weeks. We expect to get our permits in the first quarter of 2006, roughly a nine-month construction timeline so by the end of year we should be able to pour our first ounce of gold. First full year of production 2007, roughly 100,000 ounces annual production and exploration upside in the district is big as well, we�ve got about a 200,000 resource at a little over 5 grams there, so district exploration will continue the mine life there.�

    So perhaps production will be the catalyst for higher multiples.

    Some analysts have raised concerns over the remoteness and technical challenges at the company�s Galore Creek project. Van Nieuwenhuyse, however, is confident that these obstacles can be overcome and the company is expanding its team to ensure that things run smoothly. The native and first nations stakeholders in the company�s various projects are being included and looked after in just about every way possible and are therefore unlikely to become a negative factor as NG advances to production.

    With regard to NovaGold�s recent acquisition of shares in US Gold [OTCBB:USGL], Van Nieuwenhuyse insists that the coincidental timing with Rob McEwen�s takeover of the company was indeed nothing more than coincidence, and that NG was taking a stake because of its interest in Cortez geologically. The company would like to take an active role in the exploration side of things there pending McEwen�s agreement.

    All in all, despite the need for further dilution as things progress, NG would appear to be in pretty good shape. With a rising gold price, an unparalleled resource base, an exciting production profile and the obvious potential for the company to get swallowed up, the upside from current levels could be quite meaningful if everything goes as planned.

    Shares in NovaGold closed Monday at C$9.38 on the TSX, up 8 cents on above average volume.

  • mmjohntx by mmjohntx Sep 21, 2005 9:57 AM Flag

    Gold Reserve Responds to Market Activity

    SPOKANE, Wash., Sep 21, 2005 (BUSINESS WIRE) --
    Gold Reserve Inc. (TSX: GRZ) (AMEX: GRZ) President Doug Belanger today commented on the Company's common share trading and price volatility and the subsequent trading halt on the Toronto Stock Exchange and the American Stock Exchange midday Tuesday, September 20, 2005. Several news services reported comments that the President of the Bolivarian Republic of Venezuela, Hugo Chavez Frias, made regarding the development of the Las Cristinas property.

    "We wish to assure the market that the gold and copper concessions for the Company's Brisas Project are in compliance with Venezuelan laws and regulations and we are moving ahead with the development of the Brisas Project. We enjoy an excellent working relationship with the Venezuelan Government and look forward to the economic and social development of the Brisas Project in a mutually beneficial manner with the communities located near the project, the people in Bolivar State, and the Bolivarian Republic of Venezuela," said Doug Belanger.

    Gold Reserve Inc. is a Canadian company which has the Brisas gold/copper project and the Choco 5 gold exploration property in Bolivar State, Venezuela. The Brisas Project is estimated to have 10.1 million ounces of gold and 1.29 billion pounds of copper in proven and probable ore reserves. Further information on Brisas tonnage, grades, reserve estimates and calculations, and the bankable feasibility study is available at www.goldreserveinc.com, www.sedar.com and www.sec.gov.

  • Venezuela's Chavez Urges Socialist Push
    Tuesday September 20, 6:51 pm ET
    By Patricia Rondon Espin, Associated Press Writer
    Venezuela's Chavez Urges Foreign Investors to Pay Taxes and Follow Rules, or Leave


    CARACAS, Venezuela (AP) -- Venezuelan leader Hugo Chavez urged foreign oil firms and other companies Tuesday to pay their taxes and follow the government's rules, saying those that don't should leave.
    ADVERTISEMENT


    In a speech that ranged from mining rights to a state seizure of one company's grain silos, Chavez said the country should turn resolutely away from capitalism and toward socialism.

    "An oil or gas company, or whatever sort... that doesn't like what is happening here, that doesn't way to pay taxes, that doesn't want to answer for environmental damages, let them pick up their things and go far away," Chavez said. "Let them leave."

    Chavez made the remarks during a speech in the eastern city of Puerto Ordaz. His government has accused some foreign oil firms of evading taxes and has said they must pay up.

    The Venezuelan president said his government "isn't against international investment," but said he opposes investments in which there is "an intent to take ownership of our natural resources."

    He spoke in general terms but then went into a specific case, appearing to cast doubt on Toronto-based Crystallex International Corp.'s plans to develop a major gold mine, saying it would be exploited by a state mining firm.

    "Las Cristinas belongs to Venezuela. We will build a national mining company there," he said, without elaborating. Crystallex has plans to spend US $265 million (euro218 million) on the project.

    Chavez, an ally of Cuban President Fidel Castro, says he is leading Venezuela away from capitalism and toward a new "socialism of the 21st century."

    He said that will involve increasing the use of cooperatives and emphasizing "collective property."

    Chavez also praised state governments for recently seizing an abandoned tomato processing plant owned by H.J. Heinz Co. and grain silos owned by Alimentos Polar, the country's largest food company.

    Officials have said they will move to expropriate the two properties, arguing they weren't being adequately used.

    In Polar's case, Chavez said, "they bought the plant and stripped it down, and they took the equipment to another country. And they abandoned it."

    Troops seized the Polar silos earlier this month. Polar -- which makes Polar beer and many food products -- is challenging the move, saying the corn silos were still in use. But Chavez said the company dismantled a plant next to them that was used to make corn flour.

    Venezuelan authorities during the past year have taken control of 26 silos that were judged to be abandoned, Food Minister Rafael Oropeza said, according to the state-run ABN news agency.

    Chavez said workers in state-supported cooperatives should "dedicate at least one afternoon a week to ideological debate."

    "The most important thing isn't to earn money. The most important thing to contribute... to the transformation of the country's socio-economic process," Chavez said.

    Meanwhile, Vice President Jose Vicente Rangel said the government plans to redistribute as much as 2 million hectares (4.9 million acres) through agrarian reforms. Rangel denied the plan threatens private property, saying more Venezuelans would own property as a result.

    "We are expanding private property," Rangel told the state news agency.

  • Bolivar Comments on Recent Market Activity

    TORONTO, Sep. 20, 2005 (Canada NewsWire via COMTEX) --
    Bolivar Gold Corp. (TSX: BGC) wishes to comment on the trading activity and volatility associated with the price of its common shares. Today, the President of Venezuela, Mr. Hugo Chavez Frias, made comments related to the development of the Las Cristinas property by a "National Mining Company". These comments have no impact on the agreements recently reached by Bolivar with the Venezuelan Ministry of Basic Industries and Mining (the "Ministry") and Corporacion Venezolana de Guayana ("CVG") in connection with Bolivar's properties (including the Choco 4 and 10 project).

    Bolivar executed a Strategic Agreement with the Ministry and CVG in July of this year defining the final details for the development of Choco 4 and 10 and for the participation of CVG in the project. Since then, the project, employing 300 people, has been brought into production and is in compliance with all applicable Venezuelan environmental, mining and fiscal regulations. Several high ranking officials of the Ministry and CVG have visited the project and praised the quick development of the properties from the exploration stage to production. Choco 4 and 10 have all required environmental permits, they are in production as expressly authorized by the Ministry, are in compliance with all applicable regulations and have no small miners present within the project area. Bolivar continues to operate its mining project as planned with the support of the Venezuelan Government.

    In fact, the Vice Minister of Investment and Promotion for the Ministry described the strategic plan of such agency for fostering private and public investment in the State of Bolivar, Venezuela in the Venezuelan press and has been quoted as saying that this strategic plan specifically includes, among others, the development of the Choco 4 and 10 gold mining project by Bolivar.

    Serafino Iacono, Chairman and CEO of Bolivar Gold stated, "We have enjoyed a very strong relationship with the Venezuelan government and in particular with the Ministry of Basic Industries and Mining and CVG and look forward to continuing that relationship in the future."

    Bolivar Gold Corp. is a gold exploration and development company. At its 95%-owned Choco 10 property in Venezuela, drilling has confirmed near-surface proven and probable ore reserves of 1.3 million ounces. The 6,000 tonne per day Choco 10 operation commenced commercial production in August 2005. Bolivar Gold intends to exploit this reserve while continuing to pursue the exploration potential of the Choco 10 property, as well as throughout the El Callao district in conjunction with its joint venture partner, Gold Fields Limited. Additional information on Bolivar Gold can be found by visiting the company's website at www.bolivargold.com.

    Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated in such statements.

  • AP
    Chavez Says Gold Mine Belongs to Venezuela
    Tuesday September 20, 3:57 pm ET
    President Chavez Says Gold Mine Belongs to Venezuela, Despite Canadian Investment


    CARACAS, Venezuela (AP) -- President Hugo Chavez appeared to cast doubt Tuesday on a Canadian company's plans to develop a major gold mine in Venezuela, saying it belonged to the state.
    The Toronto-based company Crystallex International Corp. has said it will spend $265 million (euro217 million) building the Las Cristinas gold mine and a processing plant.

    Chavez said in a televised speech Tuesday that the mine will be exploited through a new state company.

    "Las Cristinas belongs to Venezuela. We will build a national mining company there," he said.

    It wasn't immediately clear how the president's position would affect the plans of Crystallex.

    Crystallex officials weren't immediately available for comment. Last week a spokesman for Crystallex -- which has already signed an operating agreement to exploit the mine -- said the company hoped to obtain environmental permits to move ahead with the project.

    KRY's RESPONSE

    Chavez quoted out of context - Crystallex
    Tue Sep 20, 2005 04:24 PM ET
    VANCOUVER, British Columbia, Sept 20 (Reuters) - A report quoting Venezuelan President Hugo Chavez as saying his government plans to nationalize the Las Cristinas gold project took the leader's comments out of context, project owner Crystallex International Corp. (KRY.TO: Quote, Profile, Research) said on Tuesday.
    "We think (Chavez's comments) were taken completely out of context. We are not aware of any changes whatsoever," Crystallex spokesman Richard Marshall said.

    Dow Jones, quoting a televised address by Chavez, reported that Venezuela's government is reclaiming national mining assets such as Crystallex's Las Cristinas gold project

  • Yahoo won't let me post the link. Just add http to the following

    ://www.resourceinvestor.com/pebble.asp?relid=9468

  • NovaGold's Galore Creek Keeps Growing; Market Value Too
    By Craig Stanley
    29 Apr 2005 at 12:50 PM EDT

    TORONTO (ResourceInvestor.com) -- NovaGold Resources [TSX / AMEX:NG] last week announced a revised resource estimate to its Galore Creek project in northwestern British Columbia.

    Using a 0.35% copper cut-off, the project contains a measured, indicated and inferred in situ resource of 13.7 million ounces of gold, 156 million ounces of silver and 12 billion pounds of copper within 1.1 billion tonnes of ore.

    This is well up from last year�s estimate of 8 million ounces of gold and 7.4 billion pounds of copper, and integrates new resources from the West Fork, Junction, and Copper Canyon deposits along with the updated resource at the Central/Southwest deposit.

    Yet the market responded by bidding up the stock an uninspiring 2 per cent.

    Nevertheless, the analysts cranked up their targets. Hatham Hodaly at Salman Partners maintained the shares a �buy� and increased his target from $10.25 to $12. Canaccord Capital�s Graeme Currie lifted his target from $9.50 to $10.75 while preserving a �hold� rating. Readers should note that Salman and Canaccord co-led a $20 million for NovaGold financing in October 2004.

    In fairness to NovaGold shareholders, the stock has posted impressive gains, rising 52% to the year ending March 31, 2005, compared to a 14% decline in the S&P/TSX Gold Index.

    NovaGold currently has 100% control of Galore Creek�s three zones - Junction, West Fork and Central/Southwest. To finalize its stake the company must complete a pre-feasibility study and make US$20.3 million in payments to Rio Tinto [LSE: RIO] and Anglo American [LSE: AAL] within 8 years.

    On the adjoining Copper Canyon property, NovaGold has an option to earn an 80% interest from Eagle Plains Resources [TSX-V: EPL] by spending a total of $4 million, issue 400,000 shares and complete a feasibility study by 2011.

    Seven drill rigs are slated to begin churning by late May at Galore Creek, with a minimum of 50,000 meters already budgeted.

    NovaGold is also initiating a pre-feasibility study to consider production up to 60,000 tonnes per day, twice the rate used in the preliminary economic assessment completed last August. The results are expected sometime in the second half of 2005.

    Full Article
    ://www.resourceinvestor.com/pebble.asp?relid=9468

GEO
26.21+0.13(+0.50%)3:38 PMEST