Financial markets have an impressive ability to discount (or predict) major events days in advance.
For example, think of the market declines leading up to 9/11--the S&P 500 declined 7.79% over the ten trading days prior. NOW, over the past five trading days, the S&P 500 has declined 12%, as...
Prime Mining Corp. (PRYM:TSXV, PRMNF:OTC) has a very rare mine plan – they believe they can achieve a 6-8 month payback on their gold mine in Mexico.Folks, I rarely find oil wells with that fast a payback. When I find them, I buy them.It’s a low capex (just US$30...
IMO 2020 was potentially a big trade in 2019, and is still potentially a big trade in 2020—though I confess I struggle to find any BIG WIN potential.IMO 2020 stands for the International Marine Organization, a UN body. They have mandated that ships switch to much cleaner and more...
Compelling Geology. Proven Team.RECON-ENERGY (RECO-TSXV; LGDOF-PINK)
Can Be Play-of-the-Year
There is not a single doubt in my mind.
Reconnaissance Energy Africa (RECO:TSX.V/LGDOF-PINK) is the single most exciting oil stock to watch in 2020.
This 60 cent stock is drilling a well that could create more than 100x times its value—yes, in just one...
A group of Calgary energy entrepreneurs has a novel idea – that could have much lower capital costs and much lower operating costs – for getting Canadian natural gas to Korea and other Asian markets.
Building LNG (Liquid Natural Gas) terminals on tidewater in western North America has been a...
Surprisingly…….the most bullish recent piece of news for the price of oil in 2020 DID NOT come from the Middle East.
Not that the massive escalation of Middle East issues with the killing of Iran’s top general isn’t hugely bullish news for oil.
However, the bomb that the oil service company...
Everyone thinks Facebook is a great stock—and it is; the 10 year chart says so.
But investors are forgetting that Facebook stock stumbled badly after its IPO, losing almost 2/3rds of its opening day high of $45. It took roughly 18 months for the stock to hit new highs—and then...
The latest table pounding buy for the oil sector was issued last week.
It came from the most unlikely (and highly credentialed) source.
The single greatest fund manager in history said in a Barron's interview last week:
“Oil, energy services, and natural gas can provide triples……”
He named no other sector, this is...
