TGIF
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eagle eyes at all times of the day!
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
ENA new lows and HOD and HGD still doing great!
Great image ... reminds me of the view from Canmore Alberta!
Thanks!
posting from my iPod Touch
Weeeeeeee!!!
u2
lol ... will remember that!!
kbc on watch
Cons Beacon to begin drilling at San Joaquin project
2008-10-14 09:48 ET - News Release
Mr. Archie Boyce reports
CONSOLIDATED BEACON RESOURCES LTD. PREPARES TO DRILL IN SAN JOAQUIN
Consolidated Beacon Resources Ltd. has confirmed that, after the processing and interpretation of its recently acquired 3-D data, the operator has licensed the first two well locations in the 2008 drilling program north of Bakersfield, Calif. The locations for these two wells are being prepared for drilling as negotiations continue with the drilling contractor. The drilling program will commence immediately upon the availability of a suitable rig.
The company is encouraged with the developments for the San Joaquin project and is exploring opportunities in increasing its interest in the project and other potential projects in the San Joaquin basin. Consolidated Beacon continues to maintain and expand its land position in Southern California.
Consolidated Beacon's corporate headquarters has been moved to Vancouver, B.C., while the operating headquarters remains in Calgary, Alta. The company is also pleased to retain the services of Richard Hawes, PGeol, for the evaluation of potential oil and gas projects.
San Joaquin overview
Since March, 2006, Consolidated Beacon has been engaged in the business of acquiring medium and heavy oil prospects in the San Joaquin basin, California, in the San Joaquin East Side project joint venture, on and around the Bakersfield Arch.
The San Joaquin joint venture has focused its initial efforts on a 10-mile-wide, north-south exploration fairway between the Round Mountain and Mount Poso oil fields to the east, the Kern Front and Poso Creek oil fields to the west, and the Kern River oil field to the south.
Consolidated Beacon's partners in the San Joaquin JV are Daybreak Oil & Gas Inc., California Oil & Gas Corp., Calstar Oil & Gas Ltd., and the technical team that originated the project. A committee has been assembled from the various partners and is responsible for the overall management of the San Joaquin JV.
The San Joaquin basin of south-central California is targeted for oil exploration for several reasons which are:
1. The east slopes of the San Joaquin basin are a very prolific oil-prone area, with approximately 13,000 historic wells;
2. There has been no significant exploration on the eastern flanks of the San Joaquin basin since the 1960s;
3. Older production methods are still employed; newer production techniques should improve rate of production;
4. The basin is very close to major markets, and has infrastructure and services in place -- about 21 miles to three oil refineries, capacity 116,000 barrels of oil per day (bopd);
5. USGS recently (2007) estimated remaining undiscovered resources in the San Joaquin basin:
* 393 million barrels undiscovered oil;
* 1.7 trillion cubic feet undiscovered natural gas;
* 59 million barrels undiscovered natural gas liquids.
Private placement update
Consolidated Beacon Resources, on June 13, 2008, in Stockwatch, announced a non-brokered private placement of up to 20 million units at a price of five cents per unit for total proceeds of up to $1-million which will proceed accordingly. Ten per cent cash will be paid and 10 per cent agent's warrants will be issued in connection with the private placement, subject to the approval by the TSX Venture Exchange.
Up to 20 million units will be issued as non-flow-through units consisting of one common share and one full warrant. One full warrant will entitle the holder to purchase one additional common share of the company at a price of 10 cents per share for the first year and 15 cents per share in the second year.
The proceeds of the private placement will be used for general working capital.
thanks TC, I will be checking it out at the store today
wow ... oil hammered some more!!
Guess gold rebounded today ... till the next short level
poor COV hit new lows again today
I Love Sarah Brightman's Time to say Goodbye
Gold getting hammered last two days as well as CDN dollar .... what a coincidence.
lol
Also looking at buying a Toshiba laptop with T3200 dual-core processor with 2GB DDR2. Anybody know how much more memory the mother board of this computer can take?
tia
ou
Anybody here use Smart Defrag?
tia
ou
I lust for a Quad set-up!
Sounds good to me!
good morning!
weeeeee!!
SPQ at .035 -- new low
HOD and HGD are doing hugely well!!
ENA and COV hitting some new lows ... such promising little puppies collapsing in dirt of alleyway!
Hitting new lows!
I love the e-mail and browser option on it ... just like an iPhone but no calling option.
not much bro .. just work and coffee ... bought myself and iPOd Touch ... luv it!!
good morning big bear!
have a great day!
Dion embraces blame but claims clean-up cred
Mon Oct 20, 6:30 PM
By Bruce Cheadle, The Canadian Press
OTTAWA - It was one of those disorienting Stephane Dion displays of brutal honesty, naivety, optimism, defensiveness and self-assurance.
"The factor why is because I failed," the Liberal leader stated Monday - in typically befuddling English - when asked how he'd been persuaded that a change of party leadership is necessary.
"In my consultations it became very clear that in the door-to-door (election) canvassing, my colleagues, my friends were told 'We don't like your leader,"' Dion matter-of-factly explained.
At the back of the over-capacity national press theatre, tears welled in the eyes of a Dion policy adviser and she snuffled and glanced at a colleague for support.
"When they asked why, they (said) well, they have saw, again and again, that they have seen the propaganda of the Conservatives. And it's the way they saw me."
Dion was wrapping up a brief, 24-minute news conference he'd called to announce his resignation after a brief, 22-month tenure as leader of the Liberal Party of Canada.
However, as with all things Dion, it wasn't quite that straight-forward.
Dion, who loped into his resignation news conference wearing a puppy-dog grin, announced he'll be sticking around as party leader until a leadership convention "to ensure a smooth and successful transition."
He brushed off questions about whether his fractious parliamentary caucus had agreed to this extended farewell, saying only that he'd "informed" both the Liberal party president and caucus chairman Anthony Rota.
"Well, why not?" Dion added as an afterthought, as if his continued interim leadership was a no-brainer. (The rumblings of dissent began almost the moment he left the building.)
Dion said he had run a great campaign on a great policy - notwithstanding his party's worst share of the popular vote since 1867 and a paltry 76 seats that included just eight west of the Ontario border.
As for the Green Shift carbon tax proposal, Dion defended it as the right policy for Canada but "a mistake" as the central Liberal campaign plank, "because we are not equipped to explain what it was."
"I am proud of the proposals that I made, of my policies. But I'm not proud of not being able to sell them."
The leader who was too often stilted and almost incomprehensible reading scripted announcements on the campaign trail delivered a coherent and impassioned critique of the current political landscape, in which Conservative fundraising prowess gives the governing party a massive communications advantage.
"Of course, the Conservatives win in the way that they imported from the United States," Dion added with a twist of the partisan knife.
"We're all very aware of it. If it's not just importing it from Australia." Another twist.
"I wouldn't want to see Canadian politics degenerate to that point."
Twist and withdraw.
There was no direct acknowledgment by Dion that he could not possibly win the automatic leadership review that would have taken place at the Liberal party national convention next May in Vancouver.
But he conceded he could not turn around a dismal public image that Dion claimed was manufactured by the unprecedented deluge of negative Conservative advertising over the past 18 months.
"It is cemented in the minds of Canadians too much what I represent and what I have proposed - according to the Conservative version of all this," said Dion.
"And to try to change that would be a tremendous effort and a risk. And that I don't need to impose on my party."
He proposed another "solution."
"It is to prepare the ground for a new leader and to make sure that he will not be vulnerable to the same kind of politics, to be able for us to compete on the same (financial) footing," as the Conservatives.
And in Dion's world, who better to steer that preparatory work than himself?
All the preconditions of political success were not put in place during Dion's first two years as leader, but he maintained his party was just a 'what-if' away during the five-week campaign that ended last Tuesday.
"I still think that if we would have been equipped to explain why I'm fighting for my country - what kind of leader I would have been, what kind of prime minister I would have been and what kind of policy we are proposing - we would have won this election."
Copyright © 2008 Canadian Press
Pretty amazing technology! Love it!! especially the WiFI
Forgotten
(not very good book)
New York : Ballantine Books, 2008.
ISBN:
9780345506115
0345506111
Genre/Form:
Mystery fiction
Romantic suspense fiction
Description:
440 p. ; 18 cm.
Summary:
Determined to identify remains believed to be a victim of a convicted child murderer, FBI agent Portia Cahill joins forces with James Cannon, the attorney who once defended the killer.
Got myself an iPOD Touch 16GB today.
"A man is truly ethical only when he obeys the compulsion to help all
life which he is able to assist, and shrinks from injuring anything that
lives.
--Albert Schweitzer
lol
Penson buying some CBS.v
Oil and gold shorts looking sweet today
HOD
HGD
COV
Unusual big volume today
486,500
Unusual big volume today
486,500
Great read!
Deadline / Simon Kernick.
London : Corgi Books, 2008.
ISBN:
0552156604 (pbk.)
9780552156608 (pbk.)
Genre/Form:
Suspense fiction
Description:
488 p.