The winds of change are blowing through La Belle Province, and it’s blowing in the scent of legalized cannabis. You would think Quebec would be relaxed around weed, with its relaxed liquor laws, and erm, open society. Surprisingly, there’s a very puritanical streak also running through society around drugs.
It’s always nice when a mining explorer nobody knows about puts out news that catapults them into the middle of the conversation, and that appears to be what happened this morning to E3 Metals (ETMC.V), which I knew about as deeply as I do how to speak Latin before today.
Markets often seem to drift over summer; the surface appears glassy and calm. But, like a deep stream with a mirror surface, currents can run fast below.
In every area play, there are big players, small players, and ‘me too’s. You can see this in action over in the Patterson Lake uranium plays, where the map is a checkerboard of gerrymander-like shapes and chunks, with some big big swathes and others tiny strips that likely contain no more eight trees and a raccoon wondering what the hell is going on.
In the wake of the Exxon Valdez spill and the invasion of Kuwait, the American Congress passed the Spark M. Matsunaga Hydrogen Research, Development, and Demonstration Program Act, an extensive 5-year program management plan intended to define and solve critical technical issues regarding domestic production, distribution and economic use of hydrogen.
If you’re someone who thinks the world should use less oil, that we shouldn’t be building pipelines, that we should do everything we can to move away from fossil fuels, do I have an energy stock for you.
As 2016 draws to a close, we as a polite investor society, reflect on the year’s past events and how to better ourselves in the year ahead. And when reflecting doesn’t work, we make wild guesses and place our chips on black. Or Gold.
Back when I first kicked off in this markets driven quest for profits and asskickery, the first company I actively bought into was Canadian Overseas Petroleum (XOP.V).
Imagine for a moment you’re in charge of an oil and gas deal in a place where not a lot of oil and gas deals have happened before. You look through the books and find only one company had been there previously, and that they fell victim to outside machinations before they got a chance to really get moving.
About five months back I noted a small shell completing its RTO to become Halio Energy (HOL.V). Not a lot of news was available on the project, where it was headed or what it planned to do, but I did manage to extract that an all-star oil and gas man was at the helm.
You’ve probably heard that, with the price of oil down, Venezuela hasn’t coped well with living within its own means. Food riots happen daily, business are closing, government workers are doing two-day weeks.