By Eoin O’Cinneidem, Upstream Canada’s Petroamerica Oil Corp has hailed its latest discovery in Colombia as “the best well yet to be drilled” on a field in the Llanos basin. The Toronto-listed player has struck around 100 feet of net oil pay at the Las Maracas-6 well on the Los Ocarros Block. Colombia-focused Petroamerica tested… Continue Reading

May the best of 2012 be the worst of 2013 2012 was both a challenging (to put it mildly) year for junior mining stocks and a great opportunity to pick up high-quality names at bargain prices. I hope you managed to take advantage of some of those sales. Sandstorm Gold, the first company that I… Continue Reading

Heirs of Mao’s Comrades Rise as New Capitalist Nobility. Bloomberg Who is the Canadian linked with 11 reverse-merger failures? Globe and Mail

Steven A. Cohen: A Fascination of Wall St., and Investigators. NYTimes Inside The Bank of England’s Bullion Vault. YouTube The Jim Cramer Of China. Businessweek

“What aspects of society can I bribe with promises to get myself power?” Rick Rule Audio. King World News Japan’s Shinzo Abe prepares to print money for the whole world. Telegraph

The Top Five Career Regrets. Harvard Business Review If you don’t know where you’re going, any road will take you there. ♫ Outrageous HSBC Settlement Proves the Drug War is a Joke. Rolling Stone China Had Its Best Day In Years Last Night. Business Insider The Dumbest Thing You’ll Hear All Day. Reformed Broker The transparent DealBook conference. Reuters … Continue Reading

This is a guest post from the Occam Papers, a new blog by three Canadian mining engineers we know and trust. I recently had a discussion with a friend of mine who is just getting into resource investing. She was rather confused about how companies report the size of their mineral deposits (i.e. the resource… Continue Reading

Last Monday, Haywood Securities energy analyst Al Knowles gave Petroamerica Oil Corp. his highest rating, Sector Outperform, and a C$.55 price target. At press time, shares in PTA had reached C$.34, an 18 month high. Haywood’s Mr. Knowles is optimistic about PTA’s Las Maracas oil field in Colombia, as we have been since August, when… Continue Reading

Fed Expands Asset Buying, Links Rates to Joblessness, Prices. Bloomberg “One of the most mysterious market phenomena is momentum – the tendency for fast-rising stocks to keep going up. How come such an obvious market anomaly is not arbitraged away?” The financial system: Market failure. Economist “The Chinese are hardworking, literate, relatively obedient and totally obsessed… Continue Reading

“The lies are screaming to the heavens.” Dan Gertler Earns Billions as Mine Deals Leave Congo Poorest Nation. Bloomberg “With commodity-supply constraints easing, Chinese growth slowing and producer-company returns normalizing,” it is tempting to say the super-cycle is over, Currie wrote. “Current developments are simply the next phase of a commodity-investment cycle that began in… Continue Reading

Christo and Jean-Claude are known for producing some of the largest public art in the world over the last 50 years. The scale, vision and determination of the couple are exceptional in today’s art world; there is truly no one else doing what they do the way they do it. And all on their own… Continue Reading

Ambrose Evans-Pritchard: “We may find that the supercycle is still in rude good health next year as China cranks up construction again, and America turns the corner.” The world’s commodity supercycle is far from dead. Telegraph Josh Brown: “The stupidity of having such an obviously unbalanced economy is the more important discussion we should be having right now. The… Continue Reading

Goldman: The Economic Crisis Ends In 2013. Business Insider Popular Delusions: The bull case for safe havens. The Big Picture Of warplanes, the homeless, teachers’ unions, oil, drugs, immigration and monetary policy. National Post Norway Wealth Fund to Spend $11B Adding U.S. Real Estate. Bloomberg Could Fine Art And Collectibles Become A New Asset Class? Forbes The… Continue Reading

“We would urge you to keep faith.” A $10 Trillion Bet on China and India. HBR “Placement of op-eds is a standard part of the influence game, but it’s rare for readers ever to find out who is behind the curtain.” From Russia With PR. ProPublica Bond Investor Gundlach Buys Stocks, Sees ‘Kaboom’ Ahead. Bloomberg Will First Quantum launch… Continue Reading

“While the eurozone as a whole is roughly in trade balance, the EMU regime of austerity in the South without offsetting stimulus in the North is creating a contractinary bias, holding back global recovery.” Germany displaces China as US Treasury’s currency villain. Telegraph Gold Falls Just 1.3% Despite Massive, Odd 3.5 Million Ounce Sell Orders. ZeroHedge “Some people… Continue Reading