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VER.V/VCTEF.PK JV Annnouncement
http://www.vectaenergy.ca/presentations/vecta_corporate_presentation_march_2011.pdf
Would appreciate the board's viewpoint on the attached Vecta Energy presentation following their announcement of a JV with privately held Vecta Oil & Gas in the US. Vecta O&G brings 112K acres of Exshaw/Bakken land and technical expertise. VER will raise $32M and contribute $27M to the JV...
A lot of dilution but huge potential on the land, a CO2 component and with technical expertise/money and land could draw interest from deeper pockets...etc.... $.22CAD as of Friday. T. Coffman owns Vecta O&G and they own 40% of Vecta Energy...so he seems to be capitalizing on his success with VOG and monetizing it with VER in a much bigger way. Holding for long term success in exploration and eventual production.
Thanks,
Art
Koz,
Don't drop the ball on VER.V April 1 is the deadline for the secured loan extension...so the JV and financing announcement is coming....witness the performance of MVW.V Mountainview in a similar situation from 0 to 60MPH with financing and prospective land/targets... expected to be +100,000 acres and financing in the Baaken...acquired under the radar.... the price has seemed to hold for VER near their 52 week high so people are holding for the first stage....
GLTA.
Art
Steelpiston71, VER.V/VCTEF.PK (Vecta Energy)
They are expected to announce a Bakken "Non Arms Length" JV transaction imminently...so this spike is without the news yet. Tom Coffman runs Vecta O&G in the states as an O&G engineering company which is a natural fit for being included in the JV...I assume another partner with deeper pockets...aka like SAMSON (SSN) did....see the below presentation for Vecta O&G capability..their 4D Shear Wave over Seismic technology is presented about 1/3 of the way down. This is perfect for exploration in the Bakken etc...
BobWins will remember Vecta as the perennial dissapointer Kroes-Shelton but they are buying land and ready to announce at some point.....
Goodluck
Art
http://www.netl.doe.gov/publications/proceedings/10/rcsp/presentations/Wed%20am/Dawn%20Deel/Spangler.%20BSCSP%20Partner%20review%20meet%202010%20f.pdf
SMBMF.PK Sembcorp Marine
Hank,
What are your thoughts on Sembcorp...up nicely from when you recommended it a long while back...
Thanks,
Art
Sembcorp Marine Ltd.
29 Tanjong Kling Road
Singapore, 628054
Singapore - Map
Phone: 65 6265 1766
Fax: 65 6261 0738
Website: http://www.sembcorpmarine.com.sg
Details
Index Membership: N/A
Sector: N/A
Industry: N/A
Full Time Employees: 9,180
Business Summary
Sembcorp Marine Ltd. operates as a marine and offshore engineering company in Asia. The company offers ship repair services to tankers of various sizes ranging from mid-sized tankers to very large crude carriers and ultra large crude carriers; and repairs chemical tankers, container vessels, passenger ships, LNG and LPG gas carriers, dredgers, bulk carriers, derrick barges, and navy vessels. It also designs and constructs product tankers of about 11,500 deadweight tones (dwt); container carriers of about 1,078 TEU to 2,600 TEU; tankers of about 90,000 dwt; ocean-going tugs; ice-class chemical tankers; multi-purpose cargo vessels; containerships; ice-breaking tugs; ro-ro vessels; bulk carriers; and cable laying and repair vessels. In addition, the company involves in the conversion of tankers to floating production storage offloading units and floating storage offloading units; reconstruction of derrick/crane semi-submersible to floating production units; and the conversion of dynamic positioning pipe-laying and construction barge. Its specialized ship conversion services include the conversion of tankers to lightering vessels, cargo vessels to livestock carriers, cargo vessels to container ships, power barge conversions, and the jumboisation and dejumboisation of vessels. Further, the company engages in the servicing of offshore platforms, including the repair and upgrading of jack-up drilling rigs, and the upgrading of semi-submersible rigs for deep-water drilling. Additionally, it engages in the engineering, procurement, construction, transportation, installation, offshore hook-up, and commissioning of offshore production platforms and floating production facilities for the oil and gas industries, as well as in rig building. The company was formerly known as Jurong Shipyard Limited and changed its name to Sembcorp Marine Ltd. in 2000. The company is based in Singapore, Singapore. Sembcorp Marine Ltd. is a subsidiary of Sembcorp Industries Ltd
SWN.V/SWNLF.PK
Selwyn behaving nicely.....starting to move..
Price Change % Change Volume Day High/Low 52 Week High/Low
0.315 +0.045 +16.67% 2,061,774 0.35/0.27 0.35/0.135
Art
*******
Selwyn Resources Ltd.: High-Grade Drill Results Continue from XY Central Deposit
1/31/2011 10:20:07 AM - Market Wire
VANCOUVER, BRITISH COLUMBIA, Jan 31, 2011 (MARKETWIRE via COMTEX News Network) --
Selwyn Resources Ltd. ("Selwyn") (TSX VENTURE: SWN) is pleased to update investors with the release of assay results from the drilling of the 98/99-lenses of the XY Central deposit at Selwyn Project, Yukon Territory that is being done by Selwyn Chihong Mining Ltd., the joint venture company equally owned by Selwyn and Chihong Canada Ltd. The location of the new drill holes and lenses can be found on drill plan maps available at www.selwynresources.com. Drilling continues with five drill rigs at the Don deposit and one drill rig at the XY West deposit; all of which are confirming known mineral resources.
Highlights: 98/99-lenses of the XY Central deposit
-- XYC-198 intersected 14.54 metres true thickness grading 6.86% zinc and 4.61% lead, including 2.36 metres grading 21.25% zinc and 5.89% lead; and -- XYC-208 intersected 17.51 metres true thickness grading 7.72% zinc and 5.89% lead, including 2.20 metres grading 21.73% zinc and 18.36% lead.
The high-grade NI 43-101 compliant mineral resource of the XY Central deposit is composed of three lenses in the underground environment; each of which is structurally bounded by faults. The three main lenses are the 93-lens, 98-lens, and the 99-lens. Drill holes XYC-192, XYC-193, XYC-196, XYC-198, XYC-208, XYC-212, XYC-228, and XYC-232 are infill holes within the existing 98/99-lenses that comprise the majority of the high-grade, zinc-lead mineralization at the XY Central deposit.
Drill hole XYC-198 intersected high-grade mineralization within three intervals at XY Central deposit that is hosted within a much broader envelope of lower-grade mineralization. The most notable interval in XYC-198 of high-grade mineralization was intercepted from 501.70 to 517.70 metres for a true thickness of 14.54 metres grading 6.86% zinc and 2.02% lead including 2.36 metres grading 21.25% zinc and 5.89% lead.
--------------------------------------------------------------------------- True From To Thickness Zn Pb Zn+Pb ThicknessDrill Hole (m) (m) (m) (%) (%) (%) (m)---------------------------------------------------------------------------XYC-198 383.40 385.80 2.40 6.98 0.36 7.34 2.18--------------------------------------------------------------------------- 396.80 397.90 1.10 12.90 0.30 13.20 1.00--------------------------------------------------------------------------- 484.60 490.50 5.90 8.58 2.47 11.05 5.36--------------------------------------------------------------------------- Including 488.90 490.50 1.60 16.66 4.96 21.62 1.45--------------------------------------------------------------------------- 501.70 517.70 16.00 6.86 2.02 8.88 14.54--------------------------------------------------------------------------- Including 507.10 510.50 3.40 7.29 2.18 9.47 3.09--------------------------------------------------------------------------- Including 515.10 517.70 2.60 21.25 5.89 27.14 2.36---------------------------------------------------------------------------
Drill hole XYC-208 intersected high-grade mineralization from 482.10 to 507.40 metres for a true thickness of 23.19 metres grading 6.47% zinc and 4.61% lead including 2.20 metres grading 21.73% zinc and 18.36% lead.
--------------------------------------------------------------------------- True From To Thickness Zn Pb Zn+Pb ThicknessDrill Hole (m) (m) (m) (%) (%) (%) (m)---------------------------------------------------------------------------XYC-208 482.10 507.40 25.30 6.47 4.61 11.08 23.19--------------------------------------------------------------------------- Including 488.30 507.40 19.10 7.72 5.89 13.61 17.51--------------------------------------------------------------------------- Including 501.60 507.40 5.80 15.78 16.89 32.67 5.32--------------------------------------------------------------------------- Including 501.60 504.00 2.40 21.73 18.36 40.09 2.20---------------------------------------------------------------------------
Other intercepts from 2010 include drill holes XYC-192, XYC-193, XYC-196, XYC-212, XYC-228 and XYC-232; which also host high grade mineralization.
--------------------------------------------------------------------------- True From To Thickness Zn Pb Zn+Pb ThicknessDrill Hole (m) (m) (m) (%) (%) (%) (m)---------------------------------------------------------------------------XYC-192 191.70 195.50 3.80 4.55 0.41 4.96 3.48--------------------------------------------------------------------------- 202.70 210.90 8.20 5.58 1.35 6.93 7.52--------------------------------------------------------------------------- Including 202.70 204.50 1.80 10.33 2.40 12.73 1.65--------------------------------------------------------------------------- Including 207.80 210.90 3.10 6.09 0.74 6.83 2.84---------------------------------------------------------------------------XYC-193 153.60 154.40 0.80 7.69 0.95 8.64 0.70--------------------------------------------------------------------------- 223.30 227.70 4.40 9.71 1.71 11.42 3.85--------------------------------------------------------------------------- Including 225.50 226.90 1.40 22.50 9.31 31.81 1.23---------------------------------------------------------------------------XYC-196 516.60 517.50 0.90 10.83 0.99 11.82 0.84---------------------------------------------------------------------------XYC-212 214.30 217.60 3.30 5.50 1.71 7.21 0.20---------------------------------------------------------------------------XYC-228 186.20 198.80 12.60 4.15 2.62 6.77 10.80---------------------------------------------------------------------------XYC-232 45.00 47.60 2.60 7.77 1.17 8.94 2.60--------------------------------------------------------------------------- Including 80.80 89.00 8.20 6.19 1.58 7.77 8.20--------------------------------------------------------------------------- Including 80.80 83.20 2.40 8.81 1.65 10.46 2.40--------------------------------------------------------------------------- 125.00 135.20 10.20 4.15 1.01 5.16 10.20---------------------------------------------------------------------------
Results from the definition drilling program continue to confirm the 3D geological and structural models for XY Central deposit; noting this release is the fourth release providing results from definition drilling of the XY Central deposit. Upon receipt of all assay results from the definition drilling program and passing of quality assurance and quality control, the data will form the basis for revising a mine plan for the bankable feasibility study in progress with Wardrop Engineering.
Selwyn is also pleased to announce that preparations are underway for mobilizing the equipment and supplies required to undertake the planned underground, advanced exploration program on the high-grade mineral resource at the XY Central deposit. The mobilization is expected to commence in late February and be completed by the end of March using the grandfathered, all-season access road as a winter road from just north of Tungsten, NWT to the project site in the Yukon.
The NI 43-101 compliant Indicated mineral resource for the XY Central deposit is 10,738,000 tonnes grading 10.38% zinc and 4.41% lead and an Inferred mineral resource of 2,849,000 tonnes grading 10.86% zinc and 4.41% lead. This study was conducted by Independent Qualified Person, Cliff Pearson, P.Geo., and Non-Independent Qualified Person, John J. O'Donnell, P.Geo. (see January 29, 2008 news release).
The Selwyn Project exploration program is being reviewed by Vice President Exploration, Mr. Jason Dunning, M.Sc., P.Geo, who is also responsible for the onsite activities for the Selwyn Project. Mr. Dunning is a Qualified Person within the meaning of National Instrument 43-101. All assay data has been through internal validation of quality assurance and quality control. Selwyn has established a sampling and assay control program with blind insertion of assay blanks, standards and duplicates for the Selwyn Project; however, it should be noted that there is also a quality control and quality assurance program in place at ACME Analytical Laboratories Ltd. ("ACME") that includes blanks, duplicates and standards. At ACME, silver and base metal analyses are conducted by a 23-element, four-acid digestion, ore-grade ICP-AES technique.
Selwyn's focus is the exploration and development of its properties that make up the Selwyn Project in the Yukon, which hosts large tonnages of zinc-lead mineralization. The known deposits have the potential for large scale production, and the potential to provide a secure supply of zinc and lead to meet the future needs of the zinc and lead markets in Asia and beyond.
This press release contains forward-looking statements concerning mineralization at the Selwyn Project. These forward-looking statements are based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of geological variability and other risk factors beyond Selwyn's control. As a result, actual results may differ materially from the expected results. Additional drilling is required to confirm the potential of the new discovery areas and expansions of the current resource areas and the extension of the higher grade deep mineralization to depth. There is no assurance that such additional drilling will expand mineral resources or that the resources being defined can be developed as an economically attractive mine, and there are many uncertainties associated with permitting and other factors that could delay such development.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:Selwyn Resources Ltd.Dr. Harlan MeadePresident and CEO+1 (604) 801-7240 or Toll-free: +1 (888) 989-9188Selwyn Resources Ltd.Catalin ChiloflischiManager of Investor Communications+1 (604) 801-7240 or Toll-free: +1 (888) 989-9188+1 (604) 689-8355 (FAX)info@selwynresources.comwww.selwynresources.com
SOURCE: Selwyn Resources Ltd.
mailto:info@selwynresources.com http://www.selwynresources.com
Copyright 2011 Marketwire, Inc., All rights reserved.
Bob, PTV.TO
This article called the deposit low grade...?/ Did they have intercepts after the article?
Art
Pretium Resources Inc., a precious- metals explorer, rose on its first day of trading after raising C$265 million ($260 million) in its initial public offering.
The Vancouver-based company advanced to C$6.05 by the 4 p.m. close of trading on the Toronto Stock Exchange, up 5 cents from the IPO price of C$6.
The company sold 44.2 million shares in the offering to buy two northern British Columbia projects, Snowfield and Brucejack, from Silver Standard Resources Inc.
Pretium, led by Chief Executive Officer Robert Quartermain, was formed to buy and explore precious metals projects. Silver Standard agreed on Oct. 29 to sell the two projects to Pretium for C$450 million, which included C$215 million cash and the rest in Pretium stock.
The company has started planning its 2011 exploration program “to follow up on the high-grade gold intercepts encountered in 2009 and 2010 in the Brucejack area,” Quartermain said today in a statement.
Snowfield and Brucejack are adjoining claims totaling more than 11,000 acres (4,450 hectares). The property is located 40 miles (64 kilometers) north of Stewart, a town on the edge of the Alaskan panhandle, according to an October report on the site by Wardrop Engineering Inc. that was commissioned by Pretium.
The $3.47 billion Snowfield-Brucejack open-pit mine is to have a 27-year life, the Wardrop report said.
Snowfield-Brucejack Projects
“The Snowfield deposit is a near-surface, low-grade, bulk- tonnage, porphyry-style gold deposit that has the additional potential of copper-gold and molybdenum,” the report said. Brucejack’s “ores are dominated primarily by precious metals (gold, silver), but some deposits may also contain variable amounts of base metals such as copper, lead and zinc.”
The operating cost for the project is estimated at C$10.20 per metric ton milled and it will employ 617 workers. A pretax financial model shows a 12.4 percent internal rate of return, a 5.3-year payback on the $3.47 billion in capital spending and a net present value of $2.3 billion at a 5 percent discount rate.
Production is scheduled to begin in the second quarter of 2018, according to the Wardrop report. The next stage is a pre- feasibility study.
To contact the reporter on this story: Colin McClelland in Toronto at cmcclelland1@bloomberg.net
To contact the editor responsible for this story: Simon Casey at scasey4@bloomberg.net
The King is unstopable......
Art
BobW/MWM
VER/VCTEF.PK - Vecta Energy.
http://seekingalpha.com/article/236057-the-bakken-oil-play-the-majors-are-watching?source=email_watchlist
http://investorshub.advfn.com/boards/edit_msg.aspx?message_id=56686843
Almost dead at .015 a share...and now at .15 CAD after they announced a JV pending for an Alberta/Bakken play. They are acquiring land and the following press releases are pending...
1. Formal JV agreeement signed
2. Land acquisitions and seismic results
3. Financing
Would appreciate the boards thoughts on the Alberta/Montana Bakken potential... Quicksilver KWK, Rosetta ROSE and Crescent Point (CSCTF.PK) all mentioned in the attached article. Also attached is Vecta's land activity in Montana pre-announcement of the finalization of the JV. Lots happening and VER.V moving in the right direction finally...would think $.30 CAD is achievable with the volume and interest but I have seen these pull back. Also, it appears to be land grab up there and if Vecta has the land then a takeover candidate is also a possibility.....
Thanks,
Art
VER.V BobWins remnants of Kroes Energy/Shelton from way back...157% gainer today on large volume...sometimes the hold and mold works!
Art
Vecta Energy Corp at New Yr High as Enters JV in Montana Exshaw/Bakken Oil Play
BY Midnight Trader
— 12:18 PM ET 11/05/2010
12:18 PM Eastern Daylight Time, 11/05/2010 (MidnightTrader) -- Vecta Energy Corp (VCTEF) is at a new year high 9 cents today on heavy volumes. Close to 12 million shares have changed hands. Thursday, VER announced that it has signed a Letter of Intent to enter into a Joint Venture with a non-arm's length party, to participate in the Exshaw/Bakken light oil resource play in northern Montana. The JV partner's leasehold interests under approximately 90,000 acres of lands will be assigned to the JV, which are deemed prospective for multiple objectives including the Exshaw/Bakken. The JV partner is active in the exploration and development of projects in multiple basins in the Rocky Mountains and other regions within the United States. A number of Canadian and U.S. companies are actively pursuing the Exshaw/Bakken light oil play that extends south from the Alberta/Montana border. Vecta will manage the JV from its Calgary office and the technical team from the JV partner will be responsible for the operations, including all engineering, land, geological and geophysical functions in the evaluation and development of the JV Play. The parties will proceed with the preparation of a formal Joint Venture Agreement and Vecta will seek funding for an aggressive work program, expected to commence in early 2011. Price: 0.09, Change: +0.055, Percent Change: +157.1
FN.TO
Bob,
Do you like First Nickel?....looking to add to my base metal collection....
Art
Goldman is issues a 50yr bond....6.25%......I guess they think rates are headed higher...
Art
Bbotcs,
Where did you see that? after a primary of ~11 candidates...??//!
Art
Bbotcs,
Where did you see that? after a primary of ~11 candidates...??//!
Art
bbotcs.....
Will your buddy Gaztanaga win in Maryland.... ;)
Art
http://www.md.lp.org/candidates/
Rogue,
French are pansies....when we see the British protesting their austerity measures than I will be worried...but for now, the French schoolchildren protesting about raising the pension age from 60 to 62...... well...Maginot line comes into mind..
Art
Coin,
Try RM.V for Lithium...behaving nicely...
Art
Whats even more absurd is owning paper i.e stock of gold miners...lol
Art.
KiK,
Could they have chosen a better name...lol
Art
BDR
Blonder Tongue Laboratories Inc.
One Jake Brown Road
Old Bridge, NJ 08857
United States - Map
Phone: 732-679-4000
Fax: 732-679-4353
Website: http://www.blondertongue.com
Skillz...Len
THANKS!
Art
GORO...the special dividend ..2nd in row since July couldnt have moved it this much...?
What a pick from this board years ago....
Art
GORO...something major brewing IMHO.
Art
CPT- Agreed....will avoid....
Thanks for the feedback JFF..et al.
Art
CAGC.OB
China Ag downgraded today...divergent analyst views on CAGC.OB...will see....
Art
Analyst Cites Auditor Concerns In China Agritech Downgrade
ShareretweetEmailPrintCompanies:China Agritech Inc.China Green Agriculture, Inc.AgFeed Industries, Inc. Topics:Investing Ideas & Strategies Related Quotes
Symbol Price Change
CAGC 13.43 -2.45
CGA 8.86 +0.16
FEED 2.21 -0.03
YONG 7.20 -0.02
{"s" : "cagc,cga,feed,yong","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} the tickerspy.com Staff, On Wednesday September 8, 2010, 9:09 am EDT
Chardan Capital Markets took organic fertilizer firm China Agritech (NASDAQ: CAGC - News) to Sell from Neutral and gave the stock a $9 price target on Wednesday morning. The analyst cited ongoing earnings quality and auditor concerns for the downgrade and noted that shares are overvalued compared to peers. The price target represents a -43% discount to Tuesday's closing value.
As of Tuesday's close, China Agritech is the only Chinese Agriculture Stocks Index component to post gains on a one-month basis. Elsewhere in the sector, Yongye International (NASDAQ: YONG - News), AgFeed Industries (NASDAQ: FEED - News), and China Green Agriculture (NYSE: CGA - News) have all slipped by -18% or more for the period, and the Index is lagging the S&P 500 by -10%.
This morning's Chardan downgrade comes just a week after Rodman & Renshaw started China Agritech at Market Outperform with a $20 price target. It will be interesting to see which of the analysts is on target, and where traders send the stock from here. So far in 2010, shares have traded for more than $30 and less than $10, and given the mixed consensus, investors can expect some more volatility.
Investors can track the Chinese Agriculture Stocks Index for performance trends and a suite of other metrics at tickerspy.com.
Fun and informative, tickerspy.com is a free investing website where you can track multiple stock portfolios and compare against 250 proprietary Indexes tracking themes from dividends to ETFs to green energy to precious metals. Best of all, tickerspy.com lets you spy on the portfolios of nearly 3,000 Wall Street institutions and hedge funds and see graphs of their performance. Try tickerspy.com today and find out how you stack up against investing legends like Warren Buffett!
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1 CommentShow: Newest FirstOldest FirstHighest RatedMost Replied Post a Comment 0 users liked this comment Vote for this comment Vote for this comment 0 users disliked this commentMike 2 hours ago Report Abuse Notice how they did not give their holding for this company. I would bet they are short. Anyway I have reported this to the sec for further investigation. If they are short or paid to do this story for shorts they will pay the price.Reply
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Much appreciated...also looking at AAB.WT
Art
BobW.
Any good warrant plays these days? Or undervalued juniors...price is reasonable without going the warrant route?
Art
SUE.TO Sulliden Gold
Behaving nicely....Aug 31 announced 4 drills now at the Shahuindo property in Peru.
Art
http://stockcharts.com/h-sc/ui?s=sue.to
TORONTO, ONTARIO, Aug 31, 2010 (MARKETWIRE via COMTEX) --Sulliden Gold Corporation Ltd. is pleased to announce that four drills are nowoperating on the Shahuindo property in Peru to advance the largestand most extensive drilling program ever conducted on the site. Sulliden is currently undertaking a 30,000 meter explorationcampaign, planned for completion by the end of 2010. The program wasinitiated in late July (see July 20, 2010 press release) with onedrill and the Company has since added an additional three rigs toaccelerate exploration activities. An updated NI 43-101 ResourceEstimate will be prepared in conjunction with the Feasibility Study,currently underway by Kappes, Cassiday & Associates of Reno, Nevada.These reports are expected in the first quarter of 2011.
RM.V Rodinium Lithium
interesting article on potential Lithium growth...Anyone interested in Lithium miners...government funding and industrial policy is clearly headed to battery development initiatives...lots of competing technologies....Rodinium is one of Bharti's companies for Aberdeen International probably a ton of ways to play this.....
GLTA,
Art
From Stockhouse RM board:
Interesting post from Sailortony on the Lithium One board. Part of it quotes a Pike research report that growth in lithium is expected to rise from $857 million in 2010 to $8 billion by 2015. You can go either to his post,
http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=28515716&l=0&r=0&s=LI&t=LIST
or to the original,
http://www.safehaven.com/article/17908/obamas-clean-energy-agenda-on-track
or read below, hoping that the copy & paste in Stockhouse doesn't run too many words together, as it usually does.
" Obama’s Clean Energy Agenda on Track
Richard (Rick) Mills
Aheadof the Herd [August 20, 2010]
As a general rule, the most successful man in lifeis the man who has the best information
Current global leaders inadvanced electric vehicle batteries are based, for the most part, inAsia.
President Obama made global warming one of the main planksin his election platform. Included in his Clean Energy Agenda werepledges to eliminate oil imports from the Middle East and Venezuelawithin a decade and to slash his country’s carbon dioxide emissions bymore than 30 per cent by the year 2020.
I wrote the followingearly in 2009;
“Lithium battery technology is absolutely criticalto President Obama’s energy plan. Lithium-ion is the leading batterytechnology and a hugely important first step towards transformingelectric cars from a niche curiosity into a major clean energyrevolution for the transportation sector.
Lithium batteriescould be part of the answer to increasingly expensive oil, energydependence on foreign suppliers and global warming. Now, with the bigpush to renewable energy and far less reliance on fossil fuels, a marketis starting to develop in the United States for more advancedbatteries. This, combined with loan guarantees, will act as an incentivethat could very well jumpstart the advanced battery industry in theUS.”
The Obama administration tagged $1.5 billion of the $2.4billion in electric technology development funds for batterymanufacturing projects and in a direct response to the Gulf oil spillasked (late June 2010) Congress for an additional $6 billion.
“Idon’t want to have to import a hybrid car, I want to build a hybrid carhere.” President Obama
Obama has put taxpayer’s money where hismouth is - this huge and continuing investment has placed the US ontrack towards becoming the globe's major supplier of advanced batteriesfor plug-in vehicles. This mountain of taxpayer’s money has helped tofinance 26 of the 30 electric-vehicle battery and component plants nowunder construction – this includes nine lithium-ion batterymanufacturing plants of which four are expected to be producingbatteries by year's end.
The US Department of Energy has saidthat those 30 factories, by 2012, could have enough capacity to supply20 percent of the worlds advanced battery needs and furthermore thattheir share of the world market could rise to 40 percent by 2015.
There’sbillions and billions of dollars, courtesy of the government’s stimuluspackage, still to come for advanced battery technology R&Dcompanies and battery manufacturers. The auto industry is gearing up tomake its first real go at marketing plug-in vehicles for the masses. Thestart flag has dropped and the race to build lithium-ion batteries forvehicles has started.
The consulting firm Pike Research estimatesthe global market for lithium-ion batteries could grow from $877million in 2010 to $8 billion by 2015 - they also expect the NorthAmerican market to expand from $287 million this year to $2.2 billion in2015.
A March 2010 report issued by Deutsche Bank says “Wecontinue to believe that the market underestimates the potential forgrowth in this segment…..we’ve noted evidence of steeper than-expectedbattery price declines which will likely bolster the consumer valueproposition and potentially lead to stronger demand than we originallyenvisioned.”
Deutsche Bank’s report also claims automakers areseeing bids for $450 per kWh from battery companies for deliverycontracts in the 2011/2012 time frame. They also predicted an additional25% decline in price over the next 5 years and a 50% decline over thenext 10 years along with a doubling of performance over the next 7years.
Conclusion
Electric vehicles (EVs) have far fewermoving parts than Internal Combustion Engine (ICE) gasoline-powered cars- they don't have mufflers, gas tanks, catalytic converters or ignitionsystems, there’s also never an oil change or tune-up to worry aboutgetting done. Plug and go, pretty convenient and very green!
Butthe clean and green doesn’t end there - electric drives are moreefficient then the drives on ICE powered cars. They are able to convertmore of the available energy to propel the car therefore using lessenergy to go the same distance. And applying the brakes converts whatwas simply wasted energy in the form of heat to useful energy in theform of electricity to help recharge the car’s batteries...
Thefirst DVD players, the first flat panel widescreen TV’s, the firstproduction runs of any advanced technology are always more expensivethan later unit costs will be. That is a fact, but this author believesthat Hybrid and fully Electric Vehicle prices will soon be veryaffordable and offer cost advantages over their polluting gas guzzlingICE second cousins.
But the real story behind all electricvehicles is that they are totally emission free.
Therechargeable power needs of our modern society has made lithium aserious player in the commodity markets. Lithium miners should be onevery investors radar screen.
Are they on yours?"
Richard(Rick) Mill
BobW.
Do you still hold any CSFFF.PK Capstone Mining? That was a huge home run and wondering if you still hold some for the long term... also, any holdings in Liberty (LBE.TO) or Selwyn (SWN.V)...thanks!!
Art
SUE.T Sulliden Gold
Having a decent day +.05C to .74C cant find any news....
RM.V Rodinia Lithium...another Grandich writeup...
Art
Is Rodinia Lithium the Next Headline Lithium Name?
by Peter Grandich
www.grandich.com
One of the lithium exploration companies that is aggressively moving to capitalize on the burgeoning demand for lithium is Rodinia Lithium Inc. (TSXV: RM). Rodinia has been busily putting the pieces together to become a significant player in the strategic metal expected to power 250 million electric cars by 2020.
Rodinia is focused on lithium brine production because they believe the harvesting process produces superior economics to production from hard rock deposits. And, like other competitors, Rodinia has a key project located in Argentina.
Rodinia’s Diablillos project in Argentina may be a hidden gem. Based on available public information, Diablillos ranks at the top of the class amongst Argentine salars for average lithium and potassium grades, and has favorable magnesium and sulphate levels. Additionally, Rodinia has secured control of 90% of the salar and 100% of the salar nucleus, ensuring a fast track through the legal and permitting processes.
Luxury 1: high grade. Luxury 2: no sharing issues.
Besides a top Argentine project, Rodinia has secured all the prospective lithium brine bearing land in Clayton Valley, Nevada, surrounding the Chemetall operation that is the only lithium carbonate producer in North America. In Clayton Valley, Rodinia has a significant land position, in a mining friendly jurisdiction, with significant indications of lithium that is in close proximity to a massive domestic end market for automobiles and lithium batteries. Two projects are many times better than one, and to have them in two separate but equally strategic geographies is good and something many of its competitors don’t have.
Luxury 3: project diversity. Luxury 4: proximity to significant end market.
William Randall, CEO, and Ray Sapnjers, Manager of Exploration, both have previous lithium exploration experience. Other lithium explorers have mining experience, but very few have lithium backgrounds. Luxury 5: lithium experience.
With drilling programs underway in Argentina and expected to restart in Nevada shortly, Rodinia is poised to make lithium headlines.
Oct -
Also this one...
http://www.arlingtoncemetery.net/lmarvin.htm
OctBargains...
I think your full of doodoo....
Art
http://urbanlegends.about.com/od/fredrogers/a/mr_rogers.htm
Whazoo,
Thanks for calling me out on the TBT call... ;) After looking at the bull and bear cases...the risks appear evenly divided...so I am not as certain as I was that it is the right call.....though my feeling is these low level rates are not sustainable with the wave of treasury supply coming.
Bear Case for treasuries:
1) 1.2 trillion of U.S. Government Debt expected to be sold the rest of this year..
2) Highest level of Treasury supply in the history of the U.S. bond market.
3) Economy, Private Credit demand and inflation expectation will rebound faster than the current market believes
4) Market will digest the view of a soft landing in China vs. a hard landing therefore relieving the pressure of
safe haven buying in the U.S. treasury market.
5) Cure for high prices is high prices…govts/investors flee the Treasury market in quest for yield
Bull Case for treasuries:
1) Economy worse than anticipated…Fed buys more treasuries drives yields lower
2) Fed wont tighten anytime soon… yields remain constant
3) Global growth priced correctly in the current bond market
4) Inflation expectations remain low due to economic slack…no rush away from treasuries….
http://stockcharts.com/h-sc/ui
Good luck, appreciate your thoughts on the subject...
Art
Whazoo...
TBT is twice the inverse of the 20 year treasury index. i.e. believes treasury yields will rise from here and treasury prices fall... historic lows on treasury yields....got to end at some point.
Art
The investment seeks daily investment results, before fees and expenses, which correspond to twice the inverse of the daily performance of the Barclays Capital 20+ Year U.S. Treasury index. The fund normally invests at least 80% of assets to investments that, in combination, have economic characteristics that are inverse to those of the index. It also typically invests in taking positions in financial instruments, including derivatives that should have similar daily return characteristics as twice the inverse of the index. The fund is nondiversified.
DAC.V
Anybody like Terbium? ;)
Art
Dacha Capital inc.
TSX VENTURE: DAC
OTCQX: DCHAF
PINK SHEETS: DCHAF
Aug 03, 2010 09:09 ET
Dacha Continues to Acquire Heavy Rare Earth Elements in China for Export
TORONTO, ONTARIO--(Marketwire - Aug. 3, 2010) - Dacha Capital Inc. ("Dacha" or the "Company") (TSX VENTURE:DAC)(OTCQX:DCHAF)(PINK SHEETS:DCHAF) is pleased to announce that it has acquired two lots of 500kg for a total of one tonne of Rare Earth Oxides from various Chinese suppliers with full export quotas attached.
For a consideration of approximately
.62 million USD, Dacha has acquired one metric tonne (2 x 500 kg) of Terbium Oxide (Tb4O7) from various China suppliers to be immediately exported to our LME approved warehouse in Busan, Korea.
Scott Moore, President and CEO commented: "Dacha'sbusiness model continues un-hindered despite of reductions in Chineseexport quotas for rare earth elements. Although there have been somesuggestions that the reduction in the export quotas would harm Dacha's ability to continue acquiring rare earth elements in China, Dacha's progress demonstrates this is not the case."
Dacha cleared a final prospectus on July 20th 2010 and the common shares issued pursuant to the special warrant financings, which closed on March 24th and March 31st respectively, became free trading on July 21, 2010.
Dacha currently has 72,159,214 shares outstanding.
About Dacha
Dachais an investment company focused on the purchase, storage and tradingof certain strategic metals. Its shares are listed on the TSX VentureExchange under the symbol "DAC" and on the OTCQX exchange under thesymbol "DCHAF".
Time to buy TBT and short US Treasuries...
Art
BBOTCs
Seems to be a huge divergence in thought in the Republican party between 'old' school conservative, sound money, fiscal conservative pay our bills, no war funding Judd Gregg republicans and the new age Bush type Republicans - low taxes, tax cuts, no change in spending, fiscally irresponsible, huge defense budgets, projection of force overseas Republicans.... this is against the backdrop of the tea party activists who want less government all together.....
Seems like a three headed hydra that will be up against Reid/Pelosi in the fall.....
interesting....I thought Stockman articulated that pretty well....
Art
NYT Op-Ed David Stockman.
Wow...excellent op-ed from Reagan's Budget Director......
Art
http://www.nytimes.com/2010/08/01/opinion/01stockman.html?src=me&ref=general
Civic Day,
What do you think the canadians do up there on civic day?
Art
Base metals doing well today...BWR.TO; HBM.TO both up nearly 5% today....
Art