Wealth Creation Through Natural Resources
Jericho Oil Corp (JCO.V) recently released its “Management Discussion and Analysis (MD&A)” For Q1 2016 and there are some encouraging details in the report: In Q1 2016, despite an average spot Oklahoma Sweet Crude oil price of just ~$30 … Continued
Rig count way down, production down, efficiency way up:
The yield on the 10-year U.S. Treasury note has been coiling since making a low in February: 10-year U.S. Treasury Yield (gold/10-year yield correlation below) It is likely that the series of lower highs and higher lows which … Continued
Something we have been noticing for the last week is the significant divergence between energy stocks and crude oil. Technician and fund manager J.C. Parets is all over it today with his premium “Chart of the Week” post. Here is … Continued
Tuesday’s big sell-off in gold with a break below the 50-day simple moving average and key support near $1250/oz looks to have generated a significant liquidation in what was a couple weeks ago a near record net long position by … Continued
The latest commodities report from RBC states that gold is in fair-value territory primarily due to the fact that bearish sentiment has jumped in the past few weeks: The final sentence is also telling: “With all eyes on the … Continued
A small mid-continent oil explorer, Jericho Oil Corp. (JCO.V), continues to be one of our micro-cap picks in the energy space. Jericho has an opportunity to become a mid-tier oil producer with an incredibly low operating cost structure as a … Continued
The gold miners got hammered today with a 5.51% sell-off in the GDX on relatively heavy volume. However, an interesting fact is that GDX has a pretty good track record following 5%+ one day declines. In fact the last four … Continued
When an insider who already owns nearly 40% of a company chooses to buy another C$500,000 of stock it is a strong sign of conviction and an indication that there could be a great deal of value at the levels … Continued
While most oil & gas exploration and production companies have been reeling in the last couple years with ugly charts that extend from the upper left to the lower right, there are still some companies with bullish charts and promising … Continued