OT Split Thanks for the reprint of the E-mail Fick

Good Evening All: Please go to nymex.com and read the news release dated 2 June 2006. I would appreciate any insight as to why nymex would do this. Thanx Fick

Hello all: I am going to take my swag at the third quarter earnings. If ASPN is selling more than 2800 mcpd then I think we will be slightly above .20 cents for the quarter ended 31Mar. I base this on the .11 made at the end of the 3rd quarter 05 on sales of 1828 mcpd per day at 6.52/m. I am not sure what the price will be for the 3rd 06 Q but I would guess it is above 8.5/m. If anyone knows the average price including the hedges for the 3rd Q 06 I would appreciate any help. GLTA Fick

Good morning all: Anyone here think ASPN's 3rd Q income will be north of 20 cents? Thanx Fick

Gate: I spoke with Mr Cohan moments ago and he said there was an emergency @ CEO cast which has delayed the posting of the interveiew until probably tomorrow at 9-10A eastern time.
Thanx Fick

I am not telling anything,I am speculating that they are one in the same. Your Thoughts? Thanx Fick

Bobwins, and aspn faithful please read the info on the aspn ihub I posted in two posts today and share any additional thoughts. Thanx Fick

Yes I have that's where I saw the map showing salinas having a part of all the property north of an east west line below the san emidio fault. However there is another clue I have overlooked. Reread the Ivan press release dated 27 March 06. I quote" Ivanhoe farmed out 87.5% of this exploration prospect and resulting well. If the well is succesful the farmin parties earn a 43.75% interest....." Now in my world the missing 12.5% (to leave 87.5%) is the landowners share of the N. Yowlumne 1-26 well. The listed partners (statesman, salinas, and neg) hold 43.75% interest, who then is the farminee(s) of the other 43.75%? I do not need to say what I think, especially the way ASPN acted on thurs the 30th. I take it you are knowlegable in the business I would really like to know your or anyone else thoughts on wether what I am smoking is causing halucinations/wishful thinking.... Thanx Fick

Re ASPN I posted an update on the n yowlumne well on the ASPN board. Thanx Fick

IDRILL: Thank you for the compliment, I need to correct one statement I made in my post and that is that nuenco owns the 20% stake in statesman resources. Now things are starting to get interesting. First of all the partners in the N.yowlumne well have announced an oil show in the first and lowest prospective sand zone. The oil is 32 gravity, and encouraging since according to the salinas announcement it could represent even better shows in a couple more upper zones that will be tested in the coming weeks. Where things start to get interesting is salinas immediately (3 days later) announced they had increased their contiguous lease acreage by 17000 acres for a total of 26000 acres of which they hold anywhere from a 25% to 100% interest in. This was announced on the 31st of march. Another point which may be significant is statesman resources move from the NEX to the TSX.V I dont know if this is significant but some chat participants say that it is a prelude to a major announcement. One last point that I found interesting is when looking at a map of the added properties aquired by salinas it looks like it would include the area where I thought aspn would be possibly involved to the point I think the odds are better than 50/50 that aspn will participate with a portion of the partners involved in this M.I. area. Again pure speculation..... Fick

Net Withdrawl = -171B Thanks Bob I am reading the status the same way except I am including the Merril as the one mentioned that ASPN is the operator. Thanx Fick

Re ASPN: Bobwins, how many sucessful wells are you seeing Mr Cohan has already been involved in since the beginning of the year? Thanx Fick

Good evening everyone: I did some googling on the San Emidio Field ASPN is going to explore for oil. I posted what I found on the ASPN IHub board. Fick

Hello Stock Peeker and all ASPN faithful:
I have found some info on the San Emidio field to answer your question concernig our forthcoming oil well.
Chevron in 1988 drilled a well in this field that upon an initial flow test flowed 153 bbls for 16.5 hours (222 bbd).
The well was never completed due to a dispute between the principles, that have since moved on. The wells designation is the Chevron 88x-1k.
The field is in betweem the Youlumne field (125mmbbl) to the east and the Midway-Sunset field (3.2billion bbl) to the west.
The distance between the mentioned fields is less than 5.5 miles. So this narrows the location pretty close. I can not find alot of info on the San Emidio. I did find that Orchard Petroleum AU:OPL in partnership with NUENCO AU:NEO intend to twin the afor mentioned Chevron well. The interesting thing about this partnership is that OPL diluted a 50% play to 25%
to allow a farmin to participate sometime last year. They have never said who the new partner is.
The info from OPL states that complete costs are over .9mil usd. If you read the ASPN Q you will note that the funds allocated are 259,000 usd.I am speculating that ASPN could be the unnamed partner in @ 25%,I repeat this is only speculation that I point out becuase if it is not ASPN then Mr Cohan has found a similar play. I am sure with Mr Cohan's conservative approach to choosing drill locations that it is not such a swing for the fence as he would have us believe by the ceocast. That being said it is a lot more risk than the gas wells we are accustomed to him delivering to our company.
There is a similar play that OPL is involved in by virtue of their purchase of 20% of the assets of Statesman Resources LTD
(SRR.H:TSX-V) and Ivanhoe Energy (IVAN) in what is called the North Youlumne field. This play is 2 miles north of the original Youlumne field,this well has been td'd and is awaiting testing. I mention this well because it was drilled to 13,000 ft.to test the stevens sand.
Our well as stated could be over 14,000 ft upon being drilled, I would speculate this is to test the monterey shale which is believed to be the source rock that charges the stevens sands in the nearby fields mentioned above.
If any one is more adept searching the web I would like any new info you can find on the San Emidio Field.
Visit the IVAN chart site at Bigcharts.com to read the 15 Feb 06 PR on the N. Youlumne exploration well.
By the way the Midway-Sunset field beginning a few miles to the west of our probable well site is considered the largest oil field in the lower 48 states....... Enjoy the search Fick

RMIWA: That is a 26% increase with everything else remaining the same. By the way I was googling the San Emidio field in Kern County. This field lies within 5 miles of one of the largest oil fields in the country. Fick

OT bbotcs: Please explain how this is the US's fault. I would like a better understanding of your opinion of America's role in this "mess"

Hello Everyone: I want to thank all of you for being here. I read your comments and advice every day. More importantly I would like to wish you and yours a very Merry Christmas and a happy and profitable New Year. Thank You again, Jack

Bobwins: A new message on my Scottrade account stated that Scottrade would execute any call option that was in the money more than 25 cents and place the proceeds in your accont minus $ 17.00 dollars. I am not experienced with options so I called Scottrade to confirm I understood exactly what they were saying. The national rep who answered the phone initially said that he knew nothing of any such program. I then referred him to the new message. After reading the message he stated it was news to him and he confirmed what we both thought with his supervisor. It must be a new policy, however it makes sense since it is another source of brokers fees which seems pretty safe to transact. Fick

Bob, Len, et al: I would appreciate some opinions on this thought. Bobwins I have been considering trading some options also, for some of the reasons you gave concerning nat. gas. If the economy slows due to the aftermath of Katrina is it possible for the economy to deflate temporarily? If so would not the Fed quit raising and possibly lower interest rates? If this scenario would play out over the near to midterm would not call options on the energy trusts (i.e. PVX) be a good play due to the extra upward pressure put on the PPS due to falling int rates and rising revenues? As I have indicated before I am still inexperianced at economic matters and would appreciate any comments. Thanx Fick

Has anyone looked at EDNE? If anyone knows anything about them I would appreciate any thoughts or info. Thanks Fick

Hello Everybody: I thought I would sign in to say thanks again for such a great board,and leave a message on the zip changers board. Also rumor has it that there is going to be a fish fry at Bobwins house, are any details available yet.

Hello Everyone: I think it might be time to take another look at EGSRE. There has been some positive developements and the company seems to be taking care of the setbacks that clouded the company's perfomance.

Hello Everyone: Bobwins you are right, however a couple of whales this year would really make things interesting for this small producer. It is going to be fun anyway. Thanx again for your steady guidance. Fick

BTW folks, someone asked Bobwins why ASPN does not drill in the winter? I remember from a PR or an interveiw Mr Cohan mentioning the rainy season in northern California. I do not know however if this pause every year is his choice or a law concerning the wear and tear on the roads. In Ohio there are frost laws concerning heavy equip. on the rural roads in most localities.Fick

YeeeeeeeeeeeeHaaaaaaaaaaaaaaaaaaw: Was in the mud doing the carpenter thing all day, You can imagine my surprise when I called the Scottrade toll free line @ about 6:00 PM to get the close on ASPN(there's some lady still mad @ me in another car on the Ohio turnpike). Bobwins there is still not a PR on Bigcharts but like Yahoo the 10Q notice is listed. I think the forthcoming PR will rock this stock all week. Enjoy the ride folks,and remember we get to do it all again in May. Fick

Peeker if I were a betting man I would bet on the 10th,11,or the 16th in that order. This is just a s.w.a.g. based on the history of the prior reporting... Fick
PS I am hoping to be surprised with better than excpected earnings,fingers are crossed for .08 or better...

Bobwins: My conversation with Shawn yesterday is what prompted my question about the sale of tax lossses to( in this case Red Mile) another entity. Shawn informed me that there is not any loss of profits to TGB through this transaction. Through a complex agreement that satisfies the Canadian tax laws concerning mining tax loss, TGB was able to turn a portion of the accumulated losses into 64 million dollars. I then asked if TGB incurred a tax liability by this transaction,and was told no due to the 100 million + losses remaining. To say the least I was pretty damned impressed that the start up funding was generated without a major dilution, if in fact I was understanding the explanation correctly... Fick

Wade: I had the same impression when I talked with Shawn Wallace,(that we internet players aren't to be taken seriously) however to his credit when he realized he was talking to a real holder with genuine concerns and questions I felt that I was treated appropiately no matter where my info was coming from. Thanx Fick


PS Bailed for now back in ASPN where I wanted to end up anyway.

OT Bobwins have you ever heard of an entity converting a portion of their tax loss to cash by a sale of that tax loss to another organization? Thanx Fick

Wade: I would also add that the union that's best for the company is the one representing most of the workers. The other
only represents a minor # of employees.Through legal proceedings the minority union has effectivly held up the outcome.I have been told also that the matter would be resolved by the end of Feb. Fick

TGB- I talked to IR yesterday. These are the updates I recieved. The 2nd load of copper ore has shipped from port a week ago monday. This was the shipment valued at more than 7 million. There was not any stoppage due to labor problems in January as was rumored here. The final tweaking of the moly ckt is taking place now. The delay of bringing the moly ckt online was due to unseasonablly cold weather at the site. Fick

OT Kozuh: You have been experimenting with the carbonated gravy again

Attention cultural marxists: Your utopian state has arrived in Germany. See below(I wonder if this is what the commie fathers had in mind when they said to each according to their needs from each according to their means) LOL



SUNDAY
JANUARY 30
2005















THEIR GOVERNMENT AT WORK
Women told, 'Work
in brothel, or else'
German law forces out-of-work females
to take sex jobs or lose unemployment

Posted: January 30, 2005
1:00 a.m. Eastern



© 2005 WorldNetDaily.com


A provision in the German welfare system is forcing out-of-work women to chose between taking jobs in the sex industry or losing their unemployment benefits.

Once one of the most generous systems in Europe, Germany's unemployment program has been reformed to require those out of work to take jobs for which they are qualified, or lose benefits. In the case of women, females below the age of 55 who have been out of work for a year or more must take any available job offered.

The full legalization of prostitution two years ago – with brothel owners now paying taxes and employee health insurance – has created an awkward situation at German job centers where employers can access the official government database of those seeking work, reports the London Telegraph.


One 25-year-old waitress, an unemployed information technology professional, had indicated a willingness to work in a bar at night and had past experience working in a cafe. A potential employer, finding her profile promising, contacted the job center about hiring her. Only after the young woman called to inquire about the job did she learn the employer was a brothel. When she refused the position, she was threatened with cuts to her unemployment benefits.

Centers that do not penalize job seekers who refuse offered positions are subject to lawsuits by the employers.

"There is now nothing in the law to stop women from being sent into the sex industry," says Merchthild Garweg, a Hamburg lawyer. "The new regulations say that working in the sex industry is not immoral any more, and so jobs cannot be turned down without a risk to benefits."

Garweg notes that women who have past experience as telemarketers or call service workers have been offered positions with telephone-sex services. New laws permit sex-oriented employers to advertise in the job centers and provide for the suing of job centers that refuse to accept their ads.

When the German government crafted the recent welfare reforms, brothels were initially considered for exclusion, but they were believed too difficult to distinguish from bars. Their inquiries for potential workers are treated no differently than those from grocery stores or schools.

"Why shouldn't I look for employees through the job center when I pay my taxes just like anybody else?" asked one central Berlin brothel owner who has been using the local database to find prospective workers.

The German experience closely follows that of the Netherlands, according to the Coalition Against Trafficking in Women. Following the 2000 legalization of prostitution by the Dutch and the registration of prostitutes, brothels began using official job centers to find new employees.

Garwig believes pressure on job centers to meet employment targets is only going to make the current situation worse.

"They are already prepared to push women into jobs related to sexual services, but which don't count as prostitution," she says.

"Now that prostitution is no longer considered by the law to be immoral, there is really nothing but the goodwill of the job centers to stop them from pushing women into jobs they don't want to do."

Last year, the German federal government announced that it would be fining employers that failed to hire trainees – a measure to be applied to brothels as well as other employers. Brothels failing to hire one apprentice for every 15 employees will be fined for failing to promote the sex industry.

Germany legalized prostitution in 2002 in the belief it would slow down the trafficking in women and reduce the role of organized crime in the profession. Instead, government is expanding the sex industry by guaranteeing a steady stream of new recruits, some willing and some not.

Copper Prices Cont:Smelter Bottleneck

China's copper consumption growth will slow to about 8 percent from around 15 percent last year, Miele said. Last year's growth was due to surging production of power generators, car factories and air conditioning plants, which use copper wire and cables.

Miele predicts copper this year will average ``well above $1.30 a pound.''

Prices may rise in the first-half on the London Metal Exchange and Comex as a number of smelters and refineries plan maintenance shutdowns.

``We expect a smelter bottleneck,'' he said.

In other metals, aluminum rose $4 to $1,832 and nickel rose $75 to $14,475. Lead rose $6 to $931 and zinc rose $5.5to $1,284. Tin gained $50 to $8,050.



To contact the reporter responsible for this story:
Matthew Craze in London at mcraze@bloomberg.net.

Copper Prices:Copper Nears 3-Week High as Shanghai Stockpiles Fall to Record
Jan. 28 (Bloomberg) -- Copper rose in London to near a three- week high as inventories on the Shanghai Futures Exchange fell to the lowest on record and sales of the metal in Asia rose.

Copper stockpiles in Shanghai Futures Exchange warehouses declined 34 percent this week to 19,463 tons, the lowest on record, according to Bloomberg data.

``Asia is still supporting the market before the Chinese New Year,'' Roy Carson, trader at Triland Metals in London, said in a telephone interview.

Copper, used in power cables and electrical wire, rose $20, or 0.7 percent, to $3,073 a ton as of 10:39 a.m. in London. The price for forward delivery in three months reached $3,150 a ton on Dec. 31, a 16-year high.

Inventories in London rose for a second day to 45,550 tons, the highest in two weeks.

The dollar was little changed against the euro at 1.3040, according to electronic trading system EBS.

In other metals, nickel rose $75 to $14,475 and aluminum rose $4 to $1,832. Lead rose $6 at $931 and zinc rose $1.5 to $1,280. Tin rose $50 to $8,050.

Phelps Dodge Inc., the world's second-biggest copper producer, said global copper consumption will increase as much as 5 percent this year. This will exceed production from mines and scrapyards by as much as 200,000 tons.

``Growing urbanization in China and an expanding need for infrastructure, especially power generation, combined with a healthy export market will continue to support increasing copper consumption,'' Miele said in a company

Huh?

Aspen Musings... Daily production for Q2 could be pushing 3000mcfpd, this would equate to a possible eps greater than .10 cents per share.
According to the ASPN website the 10 drill targets for 2005 have already been selected.
The hedge prices will last thru the 3rd quarter for ASPN. Thanx Fick

Bobwins: Thanks Fick

Bobwins: Why don't you post the link to Investopedia above? I know most here are veteran investors, however people like myself would benefit.

Hey Bobwins: I would also like to add that TGB is advertising @ the kitco base metals site including a link to their website....Fick