Yesterday Stockwatch reported that well known Canadian financier Frank Giustra was rolling back his public shells. These are the vehicles he has historically used to launch new natural resources ventures. Frank Giustra’s Royce Resources Corp. (ROY), last at 1.5 cents, will ask shareholders at its AGM on Oct. 17, 2013, to approve a 1:10 rollback. The shell… Continue Reading

“The mainstream pundits will tell you that oil is expensive now because of the unrest in Syria and Egypt,” Rick begins. “But the truth is that Syria and Egypt don’t produce much oil.” “The real reason is that there are expectations of a slowdown in oil exports brought about by the lack of sustaining capital… Continue Reading

PRD Energy (TSXV:PRD), the Canadian based, Germany focused oil and gas exploration company, has encountered drilling difficulties at its Boerger 7Awell. Here’s a link to the news release. “After setting a whipstock at 660m, PRD encountered directional drilling challenges in soft sediments requiring changes to the well plan. The decision has now been made to… Continue Reading

Cambridge House International, Canada’s junior mining advocates, are hosting the FREE Toronto Resource Investment Conference at the Sheraton Centre Hotel this Thursday and Friday (Details and Registration). Join financiers Ned Goodman of Dundee Corp., Eric Sprott of Sprott Inc., Frank Holmes of US Global Investors, along with newsletter writers including Keith Schaefer of the Oil and… Continue Reading

With excerpts from today’s Ivanhoe Mines news release. Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX: IVN), and Lars-Eric Johansson, Chief Executive Officer, announced today that the company is proceeding with the sinking of a bulk-sample shaft to access the underground Flatreef platinum, palladium, nickel, copper, gold and rhodium discovery at its Platreef Project in… Continue Reading

By Mich Massaad, Beating The Index I still remember quite well the oil shock we witnessed in 2008; oil hit a record of $147 per barrel and quickly tumbled back down as the economy collapsed. The way events are moving these days, chances are we are about to witness a larger oil shock thanks to… Continue Reading

OGIB’s Keith Schaefer thinks Canadian based oil companies are set for a run. Lots of int'l money flowing into #Canada #oil stocks today–if you like it, better buy it–sector trade starting in earnest — Oil&Gas Investments (@OilandGasInvest) September 6, 2013 Take a look at these three charts: 1. Gran Tierra Energy Inc. (TSX:GTE) $1.94 billion market… Continue Reading

To my friends, I want to tell you about Keith Schaefer’s LNG Investment Conference in Vancouver on September 25. This is a one day, high end show which will give you insight into BC’s boom sector, Liquid Natural Gas, as well as face time with credible executives building wealth in LNG for themselves and for… Continue Reading

I was forwarded an interesting read on a different way to look at art buying, focused on the younger generation of contemporary artists rather than the Old Master painters and “blue chip artists” like Richter or Picasso. Chad Loweth doesn’t suggest spending $300,000 to $3,000,000 on a few high valued (or often “overvalued” according to… Continue Reading

While many market technicians may cast doubt on the efficacy of the so called “golden cross”, there can be no doubt that this technical signal is especially strong with powerfully trending stocks – Petroamerica Oil is one of these stocks: In the past 3 three years a strategy of simply buying when the 10-week moving… Continue Reading

This is not a short call on Oil, not yet at least, but this is recognition that the last of Bernanke’s bubbles has yet to begin deflating and therein lies the potential opportunity. With the US Dollar strengthening against 14 of the world’s 16 major currencies this year, commodities have taken it on the chin… Continue Reading

Africa Oil (AOI:TSXV) announced its second quarter results and an update on exploration and operations. The company expects to have a fourth Tullow Oil and Africa Oil JV rig drilled and tested on the 10BB and 13T Blocks in Kenya in October 2013. AOI has also secured a fifth rig for Block 9 in Kenya… Continue Reading

Shares in Petromanas Energy (TSX-V:PMI) are up approx. 65% since the Calgary-based, Albania-focused oil and gas explorer announced an operational update and Q2 results last Thursday. Petromanas is exploring Blocks 2-3 in Albania with super-major Shell (75%). At the Shpirag-2 target (pictured), PMI intends to conduct a controlled test of approximately 350-400 metres of the… Continue Reading

US equity markets are experiencing capital inflows from around the world for three fundamental reasons: 1) A strengthening currency 2) Growth on the margin; and 3) Capacity. These three characteristics make US equities as extraordinary as an honest politician, and are the basis of an extremely compelling case for US Growth and Consumption stocks as… Continue Reading

Petroamerica Oil Corp. (TSXV:PTA) just reported net income of $11.2 million for the quarter ended June 30, 2013. A review of the quarter and an Activity Schedule of upcoming catalysts can be found in the news release. Read: Petroamerica Announces Second Quarter 2013 Results and Surpasses 6,000 bopd Production Milestone PTA also announced that they have surpassed the… Continue Reading