Owner: Jim Letourneau's Big Picture Speculator URL:http://www.jimletourneau.com Join Date: Mon, 29 Sep 2008 00:33:04 -0500 Rating:0 Site Description: There is always a bull market in something. We\\\'ll make sure to write about those things. Site statistics:Click here
Fun with Tombstones 2008-09-22 00:18:03 In the financial business there is often a little celebration after money is raised for a company. These include public announcements in the financial pages describing the bare bones of the financing. Often they’ll make little lucite ornaments as well.
In a perfect world the newly funded company will put the money to good use, the [...]
Burn After Reading 2008-09-18 15:53:17 I don’t care what the reviews say about the Coen Brothers’ latest movie, Burn After Reading
. The final scene made me laugh so hard that I cried.
This is not an endorsement for you to go see it as I don’t always laugh at the right places during a film. Some people will be put off [...]
Airlines Hedging Oil at $147.90/BBL? 2008-09-18 04:42:34 Our friends in the airline industry made a big deal about oil speculation when oil prices were flirting with $150.
They even encouraged their customers to sign up for a website to stop oil speculation.
Now it appears that the anti-speculator airline industry decided to do some hedging to mitigate the damage that rising fuel costs [...] Read more:Airlines
, Hedging
Pickens Plan PR Push 2008-09-09 20:43:15 Pickens’ company, Mesa Power, is in for $2 billion towards building the world’s largest wind farm in Pampa, Texas. The total cost is estimated to exceed $10 billion.
Now he’s sharing his vision on energy with the rest of the USA. While a cynic might say he’s “talking his book” its his money paying for the [...] Read more:Pickens
Sprott, Coxe Handholding with Investors Time 2008-09-09 19:05:31 A rocky start for some of the best commodity names in the business. Oh to be starting a fund today as opposed to a few months ago. Eric Sprott and Donald Coxe have both been reiterating their bullish (longer term) stance on the things they love most - commodities.
It is a horrible time to sell [...] Read more:Investors
Technology may force recalculation of ‘peak oil’ 2008-09-06 02:41:31 A nice letter to the editor by Erv Lack, P.Eng. pointing out how technology ensure that we don’t run out of oil too quickly. I’m a shareholder of Wavefront Energy and Environmental Services (WEE.V). If American’s truly want energy independence (what happened to free trade anyhow?) then Powerwave will continue to gain acceptance.
Technology
may force [...]
The Great Climate Change Swindle 2008-09-05 13:01:08 Polar bears are going to be galloping across the arctic (in slow motion) instead of floating on little ice cubes at this rate…
Arctic Sees Massive Gain in Ice Coverage - Upload a Document to Scribd
Read this document on Scribd: Arctic Sees Massive Gain in Ice Coverage Read more:Great
, Climate
, Change
, Swindle
Download Google Chrome 2008-09-02 07:40:31 I’ll be posting the download link for the new GoogleChrome
browser as soon as it becomes available. The world awaits. Read more:Download
Lets Try the New Thing! 2008-09-01 23:34:08 Google has made a new browser called Chrome. It should be available for download shortly. I’m still figuring out Firefox but its always fun to try something new from Google as I’m already using Gmail, Google Calendar, and Google Docs regularly. Read more:Thing
An Inconvenient Fact 2008-10-14 10:41:49 The global warming crowd has been given a free ride because few people really understand what the heck they’ve been up to. Challengers to the theory of global warming are routinely crucified as being on the payroll of special interest groups.
Even when data is presented that doesn’t fit in with the theory of global warming, [...]
Those Annoying Phone Calls 2008-10-14 09:24:47 For the last several years my response to telemarketers has been "I’m sorry, there must be a mistake, I’ve asked to have my phone number removed from your list. Please make sure that is removed…. CLICK".
In Canada, we have a National Do Not Call List which should help to limit those annoying phone calls. Now [...] Read more:Annoying
Got Gold? 2008-10-14 04:30:42 Gold has been a five-bagger relative to the S&P 500 since August 2000.
More from Tim Wood at Resource Investor
High Profile Oilman Gets Margin Calls 2008-10-14 02:06:26 Dick Gusella, president of Connacher Oil and Gas and chairman of Petrolifera Petroleum got nailed with margin calls. OUCH!
See the last 10 sales at Canadian Insider:
Connacher Oil and Gas (TSX:TO)
Petrolifera Petroleum (TSX:PDP)
Or if you’re keen you can dig through System for Electronic Disclosure by Insiders (SEDI). Read more:Margin
Our Top 3 Posts… so far 2008-10-13 16:06:15 I’m running around SoCal looking at solar projects for all of today but I thought I’d draw you’re attention to our 3 most popular posts since we moved our blog from www.bigpicturespeculatorblog.com.
Wavefront Updates
Hot Stuff - Black Smokers, VMS Deposits and 2 Ways to Play Them
Watch the World Go By with TwitPic
Market Meltdown in Pictures 2008-10-13 11:05:52 Here are a few photos capturing the mood of investors last week. Maybe we’ll get a “mercy bounce” this week but market confidence has been shattered.
In a few of the photos it looks like the people are praying. Hopefully it helped them out. Read more:Market
, Meltdown
, Pictures
Metal Lust 2008-10-13 10:00:13 Great photos of mining equipment at the Las Vegas Mining Expo. In spite of great efforts over the past 5 years or so, copper supplies have yet to increase in a meaningful amount. Read more:Metal
Markets Bounce - Cat Missing 2008-10-13 08:58:23 Monday mornings are not my favorite time of day but its nice to see that markets abroad are starting to change direction. Any positive market activity will be welcomed by shell shocked investors. Read more:Markets
, Bounce
, Missing
What do the oldtimers have to say about the crash? 2008-10-13 00:51:28 During a time of unprecedented market uncertainty it is always a good idea to check in with the oldtimers for some perspective.
The veterans are saying… this too shall pass
Not sure anyone will care by the time an extended bull market returns but it is important to remember that there will be one. In a while. [...] Read more:crash
Fill up the Trunk! 2008-10-12 17:29:13 Clearly, that whole oil price speculator driven run to almost $150/bbl was just a bad dream. I wonder how much longer the stop oil speculation movement will hold now that US gasoline prices are plummeting. Read more:Trunk
Alberta Venture - A Shudder in the Oilpatch 2008-11-05 09:09:23 Here’s a link to a nice article about my favorite company - Wavefront Energy and Environtmental Services (WEE.V). Nothing really new apart from a mention of an expanded client list and a brash quote from President, Brett Davidson:
We don’t have an exit strategy, we didn’t put 10 years of blood and sweat into this company [...] Read more:Alberta
, Venture
Nasty Negotiations in Iron Ore 2008-10-29 23:22:13 I don’t track the gory details of the iron ore market but I did post about the annual negotiations between the big 3 iron ore producers and China back in 2006. China’s manufacturers collectively are boycotting Brazil’s Vale (NYSE:RIO) for trying to tack on a 12% price hike to previously negotiated rates.
It looks to [...]
Old Mine Photos 2008-10-29 23:10:36 Forbes takes a fascinating look at old mines through underground photos and the ongoing battle to keep them from being boarded up.
Time Out! 2008-10-29 11:09:00 I’m heading off to Fiji this afternoon so postings will be sparse over the next few days. Gotta finish packing!
World Natural Oil Decline Rate is 9.1% 2008-10-29 10:47:19 The Financial Times is reporting on a draft copy of the International Energy Agency and the news is long term bullish for oil.
Output from the world’s oilfields is declining faster than previously thought, the first authoritative public study of the biggest fields shows.
Without extra investment to raise production, the natural annual rate of output decline [...] Read more:World
, Natural
, Decline
Gold Panning Resurgence 2008-10-28 13:22:56 I know a thing or two about gold panning. I’ve taken courses and attended seminars from prospectors and academics. I have a Geology degree. I was the Klondike Days daily gold panning champion. My father and I even built a “portable” sluice box that we tried out on rivers in northern Alberta.
What have I learned [...]
T. Boone gets Bitten 2008-10-28 12:32:43 I like the Pickens Plan. Nobody has a clue as to when Peak Natural Gas will occur but if the most thoroughly drilled continent on the planet is awash with natural gas then its fair to say we have a few gassy decades to go. I’m not sure if he is still running his TV [...] Read more:Boone
Business Card Redux 2008-10-28 12:15:13 I recently posted about the future of business cards. My bias is towards simplicity, maybe just an URL is enough. Maybe my bias is too forward thinking, lots of people still use physical business cards. They collect, sort and file them in all kinds of ways. Getting them into a database can be a challenge [...] Read more:Business
, Redux
, Business Card
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