We were travelling all throughout Albania today, which is a wonderful country. Tomorrow we’ll be back to posting as normal, but in the meantime, please enjoy some photos from our trip.
We were travelling all throughout Albania today, which is a wonderful country. Tomorrow we’ll be back to posting as normal, but in the meantime, please enjoy some photos from our trip.
Petromanas Energy Inc. ($PMI), an Albanian-focused oil and gas explorer backed by Royal Dutch Shell, was discussed in the Energy Report recently by National Bank analyst Darrel Bishop. Highlights below. Shpirag-2 well site in Albania – Photo: Petromanas TER: One of the jurisdictions you follow is unusual —Albania. Can you explain the investment thesis and the current opportunities? DB:… Continue Reading
Since we first wrote about Petroamerica Oil Corp. ($PTA.v) on August 16, shares of the Calgary/Bogata-based oil and gas junior have risen over 50% to 52-week highs (chart). Obviously something is up so we decided to take a closer look to see why shares in PTA have more buyers than sellers. What first attracted us… Continue Reading
“Seeing what we see coming…you’re going to have to own anything that’s nailed down….productive assets…apartments, oil wells, gas wells.” -Kyle Bass, Hayman Capital
Starting an investing blog covering the junior mining sector requires some preparation. So I trekked up Howe Street and east on West Georgia to the Vancouver public library, where I borrowed Fleecing the Lamb: The Inside Story of the Vancouver Stock Exchange, by David Cruise and Alison Griffiths. Published by Douglas & McIntyre in 1987, two… Continue Reading
“The Meek Shall Inherit The Earth—But Not Its Mineral Rights.” -J. Paul Getty Lived From 1892-1976 Billionaire Industrialist, Oil Magnate Founder of Getty Oil Memorable Quotes: “If you can count your money, you don’t have a billion dollars.” “Formula for success: rise early, work hard, strike oil.” “There are one hundred men seeking security to… Continue Reading
Amir Adnani’s “Uranium and nuclear energy state of the union.” Business Insider Equity Firms Like Bain Are Depicted as Colluding. NYTimes The Tragedy of the European Union and How to Resolve It. George Soros Peter Koven: Robert Friedland is back. Financial Post AngloGold’s Cutifani Sees South Africa Solution in Months. Bloomberg Could Private Equity Solve Pro… Continue Reading
Recently we sat down with Amir Adnani, CEO of Uranium Energy Corp. ($UEC), an American uranium mining company, for a conversation on the nuclear industry eighteen months after the catastrophe at Fukushima which devastated both Japan and most uranium miners’ share prices. One of the most critical issues we discussed in our interview was the… Continue Reading
“You get a sale at Wal-Mart or Nordstrom, and they’re lined up at midnight to be the first ones in the door. When Wall Street has a sale, everybody says, ‘Oh gee, it might go lower’.” – Marshall Berol I had the chance to speak with Encompass Fund’s Marshall Berol yesterday. The Encompass Fund is heavily… Continue Reading
Reformed Calgary/Bogotá-Based Oil & Gas Junior Hits 65 Feet of Colombian Pay And The Market Responds Featuring commentary from Frank Giustra, Jeff Boyce and Ralph Gillcrist, three key stakeholders in the company, Petroamerica Oil Corp. Caution: See PTA’s Foward Looking Statements. Jump to audio. It’s been a tough ride for Petroamerica Oil Corp. (PTA) shareholders,… Continue Reading
Schmooze or Lose. Obama doesn’t like cozying up to billionaires. Could it cost him the election? New Yorker Trust, empathy, mentorship. Three Leadership Traits That Never Go Out Of Style. HBR “This is not the time of your life you want to be easy.” @chris_reynolds — Tommy Humphreys (@tommyhump) August 20, 2012 Inmet secures US$1-billion… Continue Reading
There was a 13.8% move upwards today in Petroamerica Oil Corp., stock symbol $PTA.v (bigchart), a company backed by well-known resource investor Frank Giustra. After market a news release came out that suggests PTA.v could have legs: Petroamerica Provides an Update on the Las Maracas-4 Well Results and Las Maracas Production, Colombia. More to come… Continue Reading
by James Kwantes “In a world of steel-eyed death and men Who are fighting to be warm, Come in, she said, I’ll give ya Shelter from the storm.” Bob Dylan, Blood on the Tracks (1975) by James Kwantes Steel-eyed death? Not quite, but speculative investors are bruised and bloodied. And Venture investors are certainly fighting to… Continue Reading
Gold QE dlvr.it/1yq2YG — FT Alphaville (@FTAlphaville) August 7, 2012 Standard Chartered Falls Most In 24 Years On Iran Probe. Bloomberg “Many years are going to go by.” Rick Santelli: Markets ‘Stuck in the Sand’. CNBC Fed’s Rosengren Urges Easing Program. Bloomberg Unless you’re wealthy and on vacation… Gross to Investors: Stay Away From Europe. CNBC Barry Ritholtz is… Continue Reading
The shale gas revolution has come as a surprise to many, and could be a game changer. Click the infographic to expand.