Ecclestone also expressed dismay that Great Western Minerals “is still flapping around at the feasibility level rather than actually trucking out product. …We certainly hope the new crowd hasn’t slipped into consultantaphilia which involves vast monies going for reports as an excuse for not actually moving things forward.”
“This mine is NOT rocket-science,” he declared
Shaman has not sold one share. He does have beaucoup shares tho. Shaman has been actively trading oil and gas stocks --upstream and midstream and let's say it has been a good couple of years. Shaman is holding GWMGF as his number 1 long term spec play. Sometimes these work out and sometimes they don't. The idea is great, execution is as of yet undecided. We are still not out of business. So were still in the game. We'll see how this new management does--to be determined. Bought first shares 10/26/2010. Thought this would be a 3-5 yr maturation process, but unfortunately the great recession got into the way. But still patience is in order. Been thru this before. I remain optimistic that this will work out. Meantime just started new business that uses lots of REEs--lasers. Cheers
PS Did have Dwight in contacts.
MONTREAL, QUEBEC--(Marketwired - Feb. 24, 2014) - Geomega Resources Inc. ("GéoMégA" or the "Company") (TSX VENTURE:GMA)
Highlights of the news release are:
•Simultaneous separation of selected heavy REE ("HREE") and light REE ("LREE")
•Separation of HREE easier compared to LREE
•Separation of neighbour REE such as Dysprosium/Terbium and Neodymium/Praseodymium
•Conceptual separation process diagram (see graphic results
Midstreams may get hit after Barron's attack on KMP today. This is similar to the Barron's attack on Linn which quickly spread to all upstreams. Probably good to have some cash around if there is another sale. Cheers
I agree. Kaiser/ Barrons is trying a similar short attack as they tried with Linn. Anticipate pipelines/ midstream assets to get hit, just as all the upstreams did with Linn--collateral damage. Will sell smaller pipeline on Monday and anticipating buying more Kinder and family if and when the beat down occurs. Why not just buy the best if the opportunity presents itself? And Kinder is the biggest and best run midstream energy company in Houston. Cheers.
First of all VLO is the largest refiner in the world. The assets it has, the location of its assets are the best. And it is 100% fee based. And the dropdowns can go on forever. PSXP assets are predominately pipelines. Wells has an outperform with 40-42 target on VLP. PS sold PSXP today--it is way ahead of itself for the class of assets--look at BWP. Cheers
Also take a look at TLLP if you like Baaken assets.
Upstream MLPs Outperform Broader MLP Index In January. Upstream
MLPs were up 2.9% in January on a market-cap basis, versus flat performance
(0.0%) for the broader Wells Fargo Securities MLP Index and a 3.6% decline for
the S&P 500. January represented the fifth consecutive month that upstream
MLPs outperformed the broader MLP index. The relative outperformance was
primarily attributable to higher commodity prices (natural gas was up 9% in
January and NGL prices were up 6%), in our view. Our top picks in the upstream
MLP sector include Outperform-rated BBEP ($20.34), LGCY ($26.90), and
BBEP, MEMP and LGCY are the top three upstreams for Wells Fargo Advisors--FYI. I also hold QRE, LINE and VNR for yield in the upstream space. Cheers
I sold out today. Look to re-enter at a lower price. Meanwhile enjoying MWE and NGLS rally. I agree with savings. Cheers.
Wells Fargo analysts are pretty spot on--FYI.
Valuation Range: $45.00 to $47.00 from $33.00 to $36.00
Our $45-$47 valuation represents a 10.7-11.2x multiple of FY2014E EBITDA and a
9%-8% yield of expected FY2014 distributions. Risks include unforeseen
macroeconomic, industry and regulatory events that affect demand for Emerge's
products, the most significant being crude oil and natural gas prices that differ
materially from our forecasts, and the potential over-expansion of frac sand supply.
We have a positive view on the continued growth in demand for the high quality
coarse sand EMES sells out of its two modern facilities in Wisconsin. We estimate
the after-tax distribution potential is substantially higher for Emerge's V-R MLP
structure than for a C-Corp, which we think should earn EMES a premium EBIDTA
Back in today. Liked the Cantor position in mortgages as per the journal. Also back into HUN today as well. This will be about third round trip for both. Cheers