Sometimes in the junior sector you can't find anything serious and actual investment worthy to talk about. In fact, I find most of my conversations with other people concerned with the sector to degrade fairly quickly into poking fun at companies/CEOs/Projects etc. Its, well, to easy...and making a good investment in this sector these days is whole lot difficult.
That being said, every now and then you come across a bit of promo that is so amateurish, so poor, it becomes something special. Here is Micheal Vaughan, a financial journalist, inteviewing Lee Barker, CEO of Sparton Gold. I can't find anything on Micheal Vaughan when searching google. In fact, the results that come up are all linked to Sparton Resources.
This interview contains such epics like
"Thats always the way, all the justice you can afford!"
"That is disgusting!"
"Im seeing alot of news about Vanadium Redux Batteries these days" (wait...really..where?)
"And you might have some of the purist Vanadium in the world"
"Hey, do you know anybody who has Vanadium?"
"Now, I'm not a great scientist but I have not seen a large battery that can store as much energy in an economical way...erm...if your trying to store solar power for example, than vanadium flow batteries"
"china is making a big push to clean up their filthy air!"
"So...you could do a closed loop project"
"Don't give up Lee, carry on...Land it!"
The interview says that they have received a settlement which will, after legal fees, put about 250k into the companies kitty. They say the settlement is unsatisfactory, which is understandable considering that managment fees for 2014 were $275k, $400k in 2013.
Here is the video...although its not all that interesting.
Sunday, May 10, 2015
Thursday, April 23, 2015
Lux Ex Umbra
I recommend this blog to my fellow Canadian who are interested in their countries premier intelligence gathering agencies.
So...if that sounds like something you are interested in, go give it a read!
Lux Ex Umbra
So...if that sounds like something you are interested in, go give it a read!
Lux Ex Umbra
Monday, April 20, 2015
A response to IKN
He posted a video of Paco de Lucia playing Concierto de Aranjuez. Something that, it seems, all flamenco guitarists need to play at some point in time, even if it can be a bit boring at times. Then again, you can't really speak of Spanish music without coming to Joaquin Rodrigo eventually. None the less, Paco is a "hero" of mine and I hold his body of work quite dear to me.
As a response, I post the best thing since Paco, Vicente Amigo...All in my humble opinion of course.
Callejon de la Luna is an excellent track from Vicente... pure flamenco...before he got into the more poppy side of things (Un momento en el Sonido is out standing by the way).
Wednesday, March 4, 2015
I was wrong
I was wrong about both PLI and OCG. It does happen, although I have had a decent track record with these two.
Anyways, just wanted to admit I was wrong
Anyways, just wanted to admit I was wrong
Sunday, February 22, 2015
Sueños del Caribe Blog
I was engaged in one of my favorite pass times, trolling the internet, when I came across this blog written by one Ronald Hill.
It deals with the the Atlantic Coast of Nicaragua, an area which I visited a number of times, but not nearly enough, in my three years living in the country. Most social commentary in Nicaragua is poor, the product of a very small lens of perspective or heavily politically influenced. The potential for quality documentation and commentary on the plight of people in the small, but very diverse country, is huge, but few and far between are those who can offer insight which stems from both involved personal experience and wide perspective.
I recall my first visit to the Southern Atlantic coast nearly two and a half years ago and how captivated I was with the area. It was interesting to see how in such a relatively short distance just how much the country and its people could change. Poverty is abound in every corner of the country, some more than others, but the majority live day to day, consistently in a struggle against the few Cordobas they may carry in their pocket at any given time. In the little neighborhood where I lived, most were in an economic conundrum at any given time, money was a tangible representation of the constant struggle that is life and most, from what I saw, had a difficult time dealing with it.
This still applies to the Caribbean coast, once again some areas more than others, but there does seem to exist a paradigm missing from their pacific compatriots (or, the "Spanish" as they call them), one that allows them become relieved from the pressure of the situation, at least for a period of time. Basically, that laid back Caribbean attitude, where items of stress and hard ship can be dismissed by saying "alright", or one of the other words they seemed to use as a general response.
In point, both those from the Pacific and the Atlantic suffer the consequences of not always having what they need; stealing, violence, and further suffering are a direct result of these situations on both sides, but those on the Atlantic coast seemed to deal with it better.
Like I said, my time spent on the Atlantic coast is not enough, nor was not deep enough, to give any meaningful commentary on the matter, but this guy is, go read his blog if you are interested.
http://hillron.blogspot.ca/
It deals with the the Atlantic Coast of Nicaragua, an area which I visited a number of times, but not nearly enough, in my three years living in the country. Most social commentary in Nicaragua is poor, the product of a very small lens of perspective or heavily politically influenced. The potential for quality documentation and commentary on the plight of people in the small, but very diverse country, is huge, but few and far between are those who can offer insight which stems from both involved personal experience and wide perspective.
I recall my first visit to the Southern Atlantic coast nearly two and a half years ago and how captivated I was with the area. It was interesting to see how in such a relatively short distance just how much the country and its people could change. Poverty is abound in every corner of the country, some more than others, but the majority live day to day, consistently in a struggle against the few Cordobas they may carry in their pocket at any given time. In the little neighborhood where I lived, most were in an economic conundrum at any given time, money was a tangible representation of the constant struggle that is life and most, from what I saw, had a difficult time dealing with it.
This still applies to the Caribbean coast, once again some areas more than others, but there does seem to exist a paradigm missing from their pacific compatriots (or, the "Spanish" as they call them), one that allows them become relieved from the pressure of the situation, at least for a period of time. Basically, that laid back Caribbean attitude, where items of stress and hard ship can be dismissed by saying "alright", or one of the other words they seemed to use as a general response.
In point, both those from the Pacific and the Atlantic suffer the consequences of not always having what they need; stealing, violence, and further suffering are a direct result of these situations on both sides, but those on the Atlantic coast seemed to deal with it better.
Like I said, my time spent on the Atlantic coast is not enough, nor was not deep enough, to give any meaningful commentary on the matter, but this guy is, go read his blog if you are interested.
http://hillron.blogspot.ca/
Saturday, February 21, 2015
Prometic Break Out
Anyone who stops by this blog every now and then will know that one of my more recent trade vehicles has been prometic life sciences (T.PLI).
Don't know a lot about the company to be honest, but its ups and downs were fairly predicable allowing for a number of nice trades, a handful of which I had outlined on here.
Well, it appears that on the back of two good news releases (here and here ...assuming you consider a drug that is marketed to treat a disease which affects less than 200,000 people good news) to have broken out into new territory; I had expected there to be strong resistance at the 2.10 level, but it did away with that quickly. So, that leaves it at 2.36 and it will be interesting to see where the dust settles. As I look at the chart two possible outcomes come to mind, it either plays off the 2.10 or the 2.00 level, of course I wouldn't put any money (literally) on these predictions.
Don't know a lot about the company to be honest, but its ups and downs were fairly predicable allowing for a number of nice trades, a handful of which I had outlined on here.
Well, it appears that on the back of two good news releases (here and here ...assuming you consider a drug that is marketed to treat a disease which affects less than 200,000 people good news) to have broken out into new territory; I had expected there to be strong resistance at the 2.10 level, but it did away with that quickly. So, that leaves it at 2.36 and it will be interesting to see where the dust settles. As I look at the chart two possible outcomes come to mind, it either plays off the 2.10 or the 2.00 level, of course I wouldn't put any money (literally) on these predictions.
Monday, February 16, 2015
OceanaGold trade
I'm setting up to take a position in OceanGold in the next day or two. I believe it will swing up from its level of around 2.50 up too 2.80/2.85 in run which will see up and down movement in the 2.50-2.90 channel.
I've played this stock a few times and had it work out all times but last.
Anyone who follows me know I have a handfull I have been posting about in the last two or three months.
Another one I like to trade, PLI, took a good swing up today but I don't currently hold a position in it.
Heres the OGC chart for a better idea of what I'm talking about.
EDIT: looks like they had good financials and they are reporting that they will be paying a dividend of 4 cents/share.
Kind of odd these days to see a miner with a good balance sheet. Read here.
I've played this stock a few times and had it work out all times but last.
Anyone who follows me know I have a handfull I have been posting about in the last two or three months.
Another one I like to trade, PLI, took a good swing up today but I don't currently hold a position in it.
Heres the OGC chart for a better idea of what I'm talking about.
EDIT: looks like they had good financials and they are reporting that they will be paying a dividend of 4 cents/share.
Kind of odd these days to see a miner with a good balance sheet. Read here.
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