Thursday, June 27, 2013

Novus Energy Stock Price Cut In Half In Six Months

It appears no sale will be occurring.  Stock now frighteningly cheap for a company growing at 30% per year with a huge inventory of drilling locations ahead of it.

Chart forNovus Energy, Inc. (NVS.V)

Monday, June 10, 2013

What Canadian Value Is Reading/Watching/Writing June 10, 2013



David Einhorn's Gold Comments From Q1 2013

David Einhorn Q1 2013
Now every major central bank is fully engaged in aggressive, unconventional policy. It seems that as each bank implements a new experiment without immediate consequence, the new policy is deemed safe, if not effective. Other central bankers notice and, acting in the philosophy of ‘Anything you can do, I can do better,’ take turns in one-upmanship. This serially correlated behavior smacks of bubble mentality. But investors are currently complacent about the unintended consequences of central bank money printing, and like most investment cycles and fads, this will persist until it doesn’t. Under the circumstances, it is curious that gold isn’t doing better.

Friday, June 7, 2013

$500 Per Barrel Oil By 2040?

One British military think tank thinks so.....

Peak Oil is dead right? I mean Citigroup's analysts even told us so just last year.
And who wouldn't say that Peak Oil isn't dead? The evidence is staring us in the face as oil production in the United States has lurched forward in the past year.

Prince Alwaleed Suing Forbes For Underestimating His Net Worth

Here is a guy with his head on straight and focused on what is important.

Rogue Trader Nick Leeson Has A New Job

Apparently losing billions and destroying a bank don't completely kill a career!