SI
SI
Advertise on SI

 Gold/Mining/Energy | Big Dog's Boom Boom Room


Previous 10 | Next 10 
To: Ed Ajootian who wrote (167798)4/30/2012 12:24:24 PM
From: whenitgoesup   of 179039
 
GPPR.ob .02 Took a position on this small one...chart looks good. Any insights on it Ed? It is way down from previous highs. I not looking for the moon on this one. Cheers.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Brasco One who wrote (167827)4/30/2012 12:43:38 PM
From: Jane4IceCream1 Recommendation   of 179039
 
Dont think NOK can go much lower unless bankruptcy is part of the discussion and its not what with 15 billion in cash....but who knows....think this might end up being (with patience) an easy investment long.

Jane

Share Recommend | Keep | Reply | Mark as Last Read

From: CommanderCricket4/30/2012 12:49:11 PM
12 Recommendations   of 179039
 
The Rise of Eco Fascism
By Peter C Glover
Posted on Apr. 27, 2012



I read William Golding’s superb book Lord of the Flies as a kid. It had a lasting impact. Especially about how the thin veneer of civilization, democracy, liberty and prevailing morality can be swept away by a brutish elitist power grab. It’s the same philosophy that resorts to threats to life and limb, property destruction, public smears, vilifying dissent, curtailing free speech and imposing un-democratic regulatory ‘laws’ to get its way.

We tend to associate these hallmarks of totalitarian intolerance, vicious rhetoric and Luddite terrorism with brown-shirted National Socialism in Nazi Germany, red-book toting Communism or radical Islamism; movements alien to Judeo-Christian-rooted Western culture. But all the same kind of rhetoric, threats to dissent and the push to circumvent the normal democratic processes are all much closer to home among the green-shirts of burgeoning eco-fascism.

A little harsh? Consider this.

Gaia Theorist and climate visionary James Lovelock has just become the latest high-profile alarmist to admit the movement never actually knew what it was talking about. Lovelock recanted his climate alarmist sins admitting, “The problem is we don’t know what the climate is doing”. True enough. But previously Lovelock was one of many quite prepared to “put democracy on hold” for the cause (leftie code for ‘stopping you and I from having a say’ and them getting their way).

Since Lovelock’s defection, former alarmist colleagues have been busy trying to find a low-carbon emitting bus to throw him under. In his Forbes blog, environmental writer Steve Zwick claimed Lovelock is “not a climate scientist, let alone a contributor to the IPCC. Most climate scientists cringe when he starts to talk about the climate.” Shame he didn’t warn us before Lovelock went AWOL that he was really a non-believer all along. But then Zwick is intolerant only to those who disagree with him. Zwick’s combustible rhetoric resonates more with early National Socialism than with Lovelock’s restrained academia. Even as polar bears, penguins, glaciers and icy seas are all reportedly flourishing – all contrary to alarmist predictions – Zwick’s intolerance has an unmistakable Kristallnacht-style resonance. In his Forbes blog, Zwick demands, “Let’s start keeping track of them now, and when the famines come, let’s make them pay. Let’s let their houses burn”. Shocked at reading back his own inflammatory rhetoric, Zwick feebly tries to damp down the public response in various addendum blogs.

Not that we should misrepresent him. Zwick does not advocate burning down the houses of sceptic’s now you understand. Zwick merely wants to exact revenge after the warming apocalypse breaks, advocating standing idly by as sceptics’ houses mysteriously spontaneously combust. I believe the KKK has a similar policy. A brief perusal of his Facebook page reveals Zwick is a ‘follower’ and defender of the character of Peter Gleick. Gleick, for the uninitiated, is the environmental scientist who recently hit the headlines as a proven liar when he impersonated a member of the Heartland Institute – whose crime was to disagree with Gleick on climate issues – to steal some of their documentation. It’s what eco-fascists don’t like to call ‘criminal deception’.



Journalist Alex Lockwood (in the leftwing UK Guardian) proposes “the internet should be nationalised as a public utility in order to contain the superfluous claims of warming sceptics”. Fred Pearce (again in the UK Guardian) demands we “silence the doubters”. At the 2007 Live Earth concert, Robert F. Kennedy Jr called for sceptics to be “treated as traitors” following this up with the demand that all coal execs “should be in jail for all eternity”.



Fascist intolerance? We’re only getting started.

Alarmist high priest James Hansen has called for sceptics to be put on trial for “high crimes against humanity”. Hansen has also endorsed a book by Keith Farnish that advocates sabotage and environmental terrorism by blowing up dams and demolishing cities to return us to an agrarian age. Hard left Grist magazine columnist David Roberts wants “war crimes trials for these bastards – some sort of climate Nuremberg.” Canadian environmentalist author David Suzuki suggests finding a “legal way of throwing our [climate foot-dragging political] leaders into jail” their climate negligence being “a criminal act”. Wouldn’t the Canadian Civil Liberties Association be appalled? After all, Suzuki is a former board member. Talking Points Memo is fairly representative of the views of hard left websites, asking, “At what point do we jail or execute global warming deniers”. Don’t you just love the liberal virtue of tolerance?

Kari Norgaard is professor of climate change at the University of Oregon. At a recent London conference she called for sceptics to be viewed as “racists” and climate scepticism as a “sickness” needing to be “treated”. And the infamous Climategate emails scandal revealed key contributors to the UN IPCC reports threatening science editors, burying data and sounding generally like Richard M. Nixon at his most paranoid.

Surely we can expect better from government-sponsored officials? Apparently not. The above mentioned Professor Norgaard has recently urged President Obama to “ignore democracy” and act on climate via executive fiat. She also backed Obama’s appointment of John P. Holdren – an avowed eugenist who has called for a “planetary regime” to enforce abortions and mandatory sterilization programs – as his senior advisor on science and technology issues. Eugenist? Ah, enforced population control. Isn’t that what the German National Socialists were most famous for practising? Not to mention Stalin, Mao and Pol Pot – leftists all – of course.



In 2007, US EPA chief, Michael T. Eckhart was exposed as authoring an email threatening to “destroy” the career of a climate sceptic. In April this year, a senior Obama-appointee to the EPA boasted that the agency’s “philosophy” is to “crucify” and “make examples” of US energy producers – the people without whom all modern society would grind to a halt, by the way.

Let’s sum up for a moment: burning houses, threats to life, limb, business, destroying careers, inflammatory rhetoric, deception, lies and preventing free speech. The message from the eco-fascist Left is resolute: don’t mess with us, or else. These are not guys Joe Public would want to break bread with.

And we should also be clear about this: fascism per se has its roots in the beliefs and ideology of the radical Left, not as is often portrayed, the Right, radical or otherwise. German National socialism (it still exists), communism, even Islamism, all favor Big Government, centralized power and control, the subversion of democratic processes and, especially, the restriction of liberty and free speech. If fascism in any guise doesn’t get what it wants, it has always sought ways of grabbing power first by bullying others to keep silent, then asserting the need to “put democracy on hold”. We can all understand the extreme need in times of war. But as Lovelock says, we have no idea what the climate is doing. Yet the eco-fascists are gaining social headway imposing their will through regulatory ‘laws’ often emanating from unaccountable quangos (quasi-non-governmental organizations), unelected czars and other un-democratic agencies.



Still not convinced things are that bad? Well here’s my last shot.



In April the US Department of Homeland Security released its Environmental Justice Strategy. It makes provision to incorporate the notion of “environmental justice” as a “homeland security” issue. If you thought Homeland was all about keeping citizens safe from terrorists, think again. Under President Obama they are about to create local “federal law enforcement” agents empowered specifically to enforce green laws and regulations in the name of “securing the homeland”. In short, a green police force. If it can happen in the land of the free, how long before the cop green-print recycles to socialist Europe?

Share Recommend | Keep | Reply | Mark as Last Read

To: Brasco One who wrote (167825)4/30/2012 1:20:51 PM
From: Brasco One   of 179039
 
Coca-Cola to Domesticate the Monster

?? Wall Street Journal Reporting Coca-Cola in Talks to Buy Monster

Today, the Wall Street Journalis reporting Coca-Cola is in talks to purchase

Monster Energy. While no purchase price is suggested, the article speculates Coca-

Cola would likely sell some bottling assets to complete the deal. In the United

States, Coca-Cola distributes roughly 50% of Monster’s volume, with the other

half going through ABI houses.

?? Six Reasons Monster is a Good Fit for Coca-Cola

(1) Coca-Cola brands are losing share in energy, the industry’s fastest growing

category, (2) Coca-Cola can capture external distribution profits (+$540m), (3) Coca-

Cola distributes 50% of the existing US portfolio, (4) the Monster brand has shown

international acceptance and can be leveraged further, (5) advertising, marketing, and

SG&A savings, and (6) expansion into food service

?? Takeout Math – Using Spirits Multiples as Comps-- $84 to $100

Traditional non-alcoholic M&A multiples are not appropriate given Monster’s

growth profile. We believe the premium Spirits industry transactions are more

appropriate comps. We believe a likely take-out range is 20x-24x forward

EBITDA (pre-synergy), which would imply an $84 to $100/share takeout offer.

We estimate synergies of at least $600 million.

?? Valuation: Reiterate Buy Rating; Price Target of $70

Our $70 price target is based on 16.5x our ‘13e EBITDA.

Share Recommend | Keep | Reply | Mark as Last Read

From: CommanderCricket4/30/2012 3:14:00 PM
2 Recommendations   of 179039
 
Morgan Stanley comments on the IOC farm-in.

shareholdersunite.com 

Today’s sell-down of an interest in block PPL237 provides resource value and improves IOC liquidity.

Impact on our views: Today’s sell-down relates to PL237, including the recent T-2 discovery, as the Elk/Antelope sell-down continues. The sell-down is important to IOC for three reasons: (1) it establishes the value of IOC’s upstream resource in Block PPL237 at potential value over 4x what is currently implied by the share prices for Elk/Antelope resource, (2) solves potential funding gap in 2012 (cash/carry), and (3) provides leverage in on-going sell-down and operatorship negotiations. Today’s sale price will be $2.65/mcfe for 2C resource after final appraisal is complete, above the $2.41 implied by the Mitsui off-take in 2010 for Elk/Antelope, which compares with the implied price for resource in IOC shares estimated at $0.51/mcfe (IOC current 2C gas resource (9.4Tcfe *58.6%) /public market cap as of Friday ($2.8Bn)).


The sale provides IOC with up to $345MM of cash, based upon closing conditions, which is necessary with $108MM of cash/cash equivalents/restricted cash on IOC’s balance sheet as of 12/31/11.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

From: Bearcatbob4/30/2012 3:40:21 PM
   of 179039
 
SD and JP Morgan: I did not see this posted.


Analyt Actions: SandRidge Energy Upgraded to Overweight from Neutral at JPMorgan; Shares Up 3% in Pre-Market 04/30 09:03 AM


09:03 AM EDT, 04/30/2012 (MidnightTrader) -- SandRidge Energy (SD:$7.99,00$0.45,005.97%) has been upgraded to Overweight from Neutral at JPMorgan.
Price target was raised to $13 from $9.50.
Shares are up 2.79% to $7.75 in pre-market trading, within a 52-week range of $4.55 - $12.67.
Price: 7.75, Change: +0.21, Percent Change: +2.79
midnighttrader.com 

Share Recommend | Keep | Reply | Mark as Last Read

From: tom pope4/30/2012 3:45:03 PM
   of 179039
 
More heretical doctrine - though the effect is apparently localized. (London Telegraph)



Usually at night the air closer to the ground becomes colder when the sun goes down and the earth cools.


But on huge wind farms the motion of the turbines mixes the air higher in the atmosphere that is warmer, pushing up the overall temperature.


Satellite data over a large area in Texas, that is now covered by four of the world's largest wind farms, found that over a decade the local temperature went up by almost 1C as more turbines are built.


This could have long term effects on wildlife living in the immediate areas of larger wind farms.


It could also affect regional weather patterns as warmer areas affect the formation of cloud and even wind speeds.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: tom pope who wrote (167834)4/30/2012 4:06:21 PM
From: Sweet Ol' John1 Recommendation   of 179039
 
It seems to me that the warming effect of wind turbines will be a one-time event. I would think its effect would have a limited vertical range and once it is stablised there would be no further change. What is wrong with my thinking?

Blessings,

JRH

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (2)

From: kollmhn4/30/2012 4:38:10 PM
   of 179039
 


Endeavour Announces First Production at the Bacchus Development

HOUSTON, April 30, 2012 /PRNewswire/ -- Endeavour International Corporation (NYSE: END) (LSE: ENDV) today announced production from the first development well on the Bacchus Field located in Block 22/06a in the U.K. Central North Sea.

Initial production rates over the first five days were approximately 6,000 gross barrels of oil per day. Endeavour has a 30% interest in Bacchus. When the full field development is completed and on-line, the Company will be able to provide reliable long-term sustainable production estimates. Further detail regarding the initial production performance for this first well will be discussed during the Company's first quarter conference call.

"We are very pleased with the well performance from our first development well at Bacchus," said William L. Transier, chairman, chief executive officer and president. "We are now focused on the second of the development wells and we look forward to having the full development program completed as the year progresses."

The second development well commenced drilling on April 20, 2012. It is expected that this well will be on production early in the third quarter.

The Bacchus development is operated by Apache Corporation. The Field Development Plan was approved by the Department of Energy and Climate Change inJune 2010.





Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (3)

To: kollmhn who wrote (167836)4/30/2012 4:53:26 PM
From: vireya3 Recommendations   of 179039
 
mite be a nice idea to emlarge the font when posting

some of us ole codgers cant read that

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)
Previous 10 | Next 10 

Copyright © 1995-2013 Knight Sac Media. All rights reserved.