View Full Version : Official Short-term Investments Thread
benyl
02-26-2006, 07:46 PM
I am going to hold bronco until $2.
I will sell half, and let the rest ride!!!!
roopi
02-26-2006, 08:47 PM
I think Bronco will continue upwards until we see some news on the remaining 3 wells.
Buy on rumour, sell on news. :)
89coupe
02-27-2006, 12:46 PM
Originally posted by lastprodigy
You still holding bronco?
I sold some at $1.60
Re-investing into Rolling Thunder, will put my total shares at just over 9000
lastprodigy
02-27-2006, 06:12 PM
Originally posted by 89coupe
I sold at $1.60
Re-investing into Rolling Thunder, will put my total shares at just over 9000
Wicked Sell...dropped ~15% today :nut:
djayz
02-27-2006, 07:41 PM
bad day for markets...
i think ble made a bad decision paying for another company to benifit but oh well itll pay off in the long run
im still a bit iffy on rolling thunder ill see if ive changed my mind when i get some more funds.
lastprodigy
02-28-2006, 09:09 AM
When to use market vs. limit price when buying?
benyl
02-28-2006, 10:31 AM
when you have a set price you want to pay or sell a stock, you use a limit price.
If you just want to get in or out, use market.
/////AMG
02-28-2006, 01:09 PM
SGP is 0.80!! Down 10cents.
lastprodigy
02-28-2006, 01:10 PM
lol I hope you got in the last time it was a.80...or did you buy at .90???
/////AMG
02-28-2006, 03:05 PM
:banghead: I haven't bought yet. 0.85 now.
lastprodigy
02-28-2006, 03:10 PM
hah...i shouldnt be laughin though..i bought just over a dollar :banghead:
/////AMG
02-28-2006, 03:25 PM
Tomorrow is the day! (If I remember).
I still haven't browsed around the Waterhouse website.
Me = uber n00b.
djayz
03-01-2006, 07:09 AM
WOW i wish i had like 10 grand
PTU check it out great buy i have no idea why it had such a bad day yesterday but its garuanteed that its not going to be sitting under 50 cents .
Si_FlyGuy
03-01-2006, 08:01 AM
Peregrine Energy poised for a little run soon too according to the candles.
89coupe
03-01-2006, 09:52 AM
Have you guys seen what Plexmar is doing this morning:eek:
benyl
03-01-2006, 10:12 AM
lots of shares traded, but no real price increase...
Sasuke_Kensai
03-01-2006, 10:44 AM
Everyone's probably expecting a NR tomorrow. I sure as hell am hoping for one! It sucks getting your hopes up every week only to see no change.
benyl
03-01-2006, 11:25 AM
hmm, I sold out of PLE... wonder if I should buy back in... haha
djayz
03-01-2006, 02:41 PM
have you guys seen what ptu is doing today!!!
wow damn :banghead: :banghead: :banghead:
i shouldve just bought and then put my paycheck in....
is that possible? like buy something today and then deposit money in within like a day or two and not get in trouble for it?
Weapon_R
03-01-2006, 03:12 PM
sure you can, i always do it and TD sends me a bill for it :D
lastprodigy
03-01-2006, 03:18 PM
Originally posted by Weapon_R
sure you can, i always do it and TD sends me a bill for it :D
are you serious?:confused: I thought you needed a margin account for this....
benyl
03-01-2006, 03:42 PM
TD and RBC don't take the money until the trade settles. That is usually 3 business days.
I never pay for my trades right away.
For instance:
I bought CNQ right after their 4th quarter results and sold out 2 hours later. I didn't pay anything, just collected the money I made on the quick trades.
I bought PTU at 0.49...
Probably sell at 0.60 or something.
lastprodigy
03-01-2006, 04:11 PM
But you still need the money in your account then dont you.?? anyways...are you using a cash account?
benyl
03-01-2006, 04:16 PM
no, you don't need money in your account. At least not with RBC Action direct.
lastprodigy
03-01-2006, 04:20 PM
so once its settled then you need the money in there....sorry im a fob
benyl
03-01-2006, 04:23 PM
yes, so after 3 business day (the morning of the third day), you money has to be in there.
Sasuke_Kensai
03-01-2006, 04:24 PM
Don't let it go too long with RBC though. First, their online accounts only update at the beginning of the day, so once it looked ilke I had about a grand more than I really did. So, I traded with that 'extra' money (I knew it really wasn't there though...lol)
Few days to a week later, I find access to my account shut off. Call tech support, busy all morning. Then, they tell me I went over my account balance, have to sell my shares, blah blah...so I sold at a loss, then try to buy some more stocks since I have some actual cash. I think everything's fine, make 4 buy orders which are all rejected for no apparent reason before they finally call me and say, "Your account is restricted till May 11. You must place buy orders through our phone service."
And finally, two weeks later, I get mail stating that my account is restricted. Yeah, nice to know now.
So, in essence, don't be a stupid n00b like me.
And if you are going to be, don't use RBC. My friend uses Scotia Bank's service, and they actually communicate with him! Plus his commissions are $25.
lastprodigy
03-01-2006, 04:29 PM
lol yeah i noticed the "extra" money today ...damn :(
benyl
03-01-2006, 05:14 PM
Yeah, RBC aint for noobs.
Just keep track of what you are doing... and if you aren't keeping track, you shouldn't be trading.
max_boost
03-01-2006, 05:31 PM
RBC Energy fund dipped $5 since I bought it from $66 to $61, is it time to buy more? Double down? :dunno:
benyl
03-01-2006, 05:42 PM
it is likely to dip more with the low Natural Gas prices.
I don't think we will see an increase in the energy sector until May/June when hurricane season starts again. Barring of course political conflicts that have their own effects.
Si_FlyGuy
03-02-2006, 01:02 AM
Big PBG news...glad I didn't sell off in last week's dip.
http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGenerator&date=20060301&archive=ccnm&slug=0301206n
:clap:
djayz
03-02-2006, 05:55 AM
yah energy sector is killing my portfolio...most of my energy funds are down 10 percent in the last 30 days.
i might sell and re-enter in a couple months as they dont seem to be heading up at all.
on the other hand anybody cash in on PTU?...i wish i wouldve bought more but i guess i missed the loading dock on that one. Oh well ill just dump more into UTS hah
Si_FlyGuy
03-02-2006, 07:26 AM
I should've kept SLW...they're up in the nines.
I still think that CEN will go up after their Q4 results get released at the end of March. Looks like my energy stocks might gap up today.
Got a chuckle when I came across this company this morning..
http://www.stockhouse.ca/comp_info.asp?symbol=MR&table=LIST
89coupe
03-02-2006, 02:18 PM
PLE makes new announcement. We have a new 52week high and I can only see it going higher :eek:
Plexmar Inc.: Sampling Returns Up to 304 g/t Au Over 2 M
QUEBEC CITY, Quebec--(Business Wire)--March 2, 2006--
Plexmar Resources Inc. (TSX VENTURE:PLE), announces
that recent sampling on the Bolsa del Diablo property returned gold
values of up to 304 g/t Au in a 2m vein channel sample and up to 23.2
g/t Au in altered volcanic rocks.
"The high gold values in the veins are interesting but the gold
values in the altered volcanic rocks indicate the potential to find a
large tonnage low grade deposit." says Guy Bedard, president
Geologists believe that a structural corridor oriented NE-SW runs
across the project is associated with the gold values. This corridor
contains three types of gold mineralization, vein type, and two main
types of volcanic alterations, highly silicified stockwork possibly
representing silica caps and highly argillic alterations with
limonite.
VEINS
Channel samples with values of up to 304 g/t Au were taken in
veins from 6 pits excavated by local miners. The pits are contained
within an area measuring 115,000 sq.m. where hundreds of pits are
present. The 6 pits sampled have an average depth of 19 meters and a
total of 52 channel samples were taken every 2 vertical meters.
Values range from 0.28 g/t up to 304 g/t with an average value of
3.81 g/t Au.(after removing the 304 g/t sample)
92 channel samples were taken from other veins, distributed over
an area of 2 km x 6 km, returned values ranging from 0.0023 to 40.2
g/t Au with an average of 6.31 g/t Au. The veins range from 0.10m to
3.0m in width.
VOLCANIC ROCKS
20 samples of highly silicified stockwork and argillically
altered with limonite volcanic rock showing silica and disseminated
sulphides were taken. Values range from background to 23.5 g/t Au (in
silicified stockwork) with an average of 2.23 g/t Au. Theses samples
were taken within an area covering 5 Km x 2 Km.
Geologists believe they have defined an area of highly silicified
stockwork volcanics, possibly indicating a silica cap measuring 0.5
km x 0.6 km located in the Northeast corner of the Angolos
concession. Samples were taken and results are pending.
These results show that gold occurs in three types of emplacement
mechanism within the inferred structural corridor. The relationship
between these types of mineralization and spatial occurrences have
not yet been defined. However, they indicate the potential for a
large mineralizing event that could lead to the discovery of a large
tonnage low grade deposit.
Exploration work will now focus on the highly altered volcanic
rocks recognized within an area measuring 6km x 2km. Systematic
sampling, mapping and trenching will be carried out.
Results from 120 samples, mostly taken from volcanic rocks, are
pending and will be released as soon as available. Detailed maps are
being prepared and will be posted on the Company's website after data
compilation and interpretation.
All samples are analyzed by ALS Chemex in Lima. Martin St-Pierre
acted as the QP for the preparation of this news release.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
82 M shares outstanding
www.plexmar.com
PLEXMAR RESOURCES INC. (TSX VENTURE:PLE)
Paradox Public Relations
1-866-460-0408
(514) 341-0408
djayz
03-02-2006, 04:35 PM
^
woot to that
im holding on to it until a dollar and yes it will see a dollar
max_boost
03-02-2006, 05:05 PM
So it's time to buy into Plexmar again :D
Stratus_Power
03-02-2006, 06:03 PM
PLE looking good, glad I got in @ 0.15
4DoorGTZ
03-02-2006, 07:42 PM
Newbie stock/tax question for people using online trading (like TD Waterhouse)
Obviously dependant on activity but would starting to trade online with such a service cause me headaches come tax time next year? Will the company provide me with year end tax forms detailing profit/loss or whatever I need to report? Or am I gonna get a mound of paper and almost be forced to dump it on an accountant and pay up the ass to get my taxes done?
natejj
03-02-2006, 07:50 PM
watch me get absolutey pwned on PLE. I sold yesterday at .22. I was like "It will dip to .15 again and ill get back in!"
OWNED.
Oh well, made a few bucks.
Celica TVS3
03-02-2006, 07:51 PM
^ Yeah, there are tax impications but the extent of which will depend on whether your trading in an RRSP or a non registered cash/margin account. Either way it's not overly complicated.
roopi
03-02-2006, 10:03 PM
Originally posted by 4DoorGTZ
Newbie stock/tax question for people using online trading (like TD Waterhouse)
Obviously dependant on activity but would starting to trade online with such a service cause me headaches come tax time next year? Will the company provide me with year end tax forms detailing profit/loss or whatever I need to report? Or am I gonna get a mound of paper and almost be forced to dump it on an accountant and pay up the ass to get my taxes done?
TDW provides a year end summary and I imagine the other brokerages do as well.
benyl
03-02-2006, 10:21 PM
Originally posted by 4DoorGTZ
Newbie stock/tax question for people using online trading (like TD Waterhouse)
Obviously dependant on activity but would starting to trade online with such a service cause me headaches come tax time next year? Will the company provide me with year end tax forms detailing profit/loss or whatever I need to report? Or am I gonna get a mound of paper and almost be forced to dump it on an accountant and pay up the ass to get my taxes done?
If you are a noob, you aren't going to trade that much. So it isn't hard to keep track of. Use a spreadsheet in Excel. everytime you get a piece of paper in the mail about a trade, record it.
Altezza
03-03-2006, 12:40 AM
Originally posted by 4DoorGTZ
Newbie stock/tax question for people using online trading (like TD Waterhouse)
Obviously dependant on activity but would starting to trade online with such a service cause me headaches come tax time next year? Will the company provide me with year end tax forms detailing profit/loss or whatever I need to report? Or am I gonna get a mound of paper and almost be forced to dump it on an accountant and pay up the ass to get my taxes done?
I get stacks of paper for each one of my accounts that I have with various institutions. Each trade, I get paper. Every month-end, I get paper summaries. Every year-end, I get paper summaries. Everything you need to fill out your tax return are on these forms so you don't have to worry. If you're a light trader and dealing only with basic securities, then doing your taxes is a breeze. The more sophisticated your investments are, the more work you'll have to do. But overall, it's still pretty straightforward...just tedious.
Weapon_R
03-03-2006, 12:54 AM
So what's a good one to get into now?
lastprodigy
03-03-2006, 01:00 AM
ple...sgp....i picked some rollign thunder as well
89coupe
03-03-2006, 01:05 AM
Originally posted by Weapon_R
So what's a good one to get into now?
I posted my latest tips on my boards.
Schwa
03-03-2006, 01:57 AM
Are you guys only lookin at Energy and Mining stocks...or is that what is hot right now? You guys should also keep an eye on BWR, Breakwater Resources. I messed around w/ them, made a good profit back in 2004.
Stratus_Power
03-03-2006, 02:55 AM
as soon as i free up some money I will pick up some SGP... if they are still ~ 80cents :D good deal! hope Rol.a go back up soon
PaPa LuV
03-03-2006, 03:09 AM
Originally posted by Schwa
Are you guys only lookin at Energy and Mining stocks...or is that what is hot right now? You guys should also keep an eye on BWR, Breakwater Resources. I messed around w/ them, made a good profit back in 2004.
I work up in Fort mac for CNRL, and can tell you that the oil sands are the future of Canada. Buy stocks in UTS, and if you like diamonds, TAH!
89coupe
03-03-2006, 10:29 AM
You guys should really take advantage of Rolling Thunders low price right now. They made a press release the other day and its all good news. No debt, new production, 30 potential new locations...what more could you ask for. Get in while you can!
lastprodigy
03-03-2006, 10:35 AM
yeah its been relatively actionless since I got in at .65
CLiVE
03-03-2006, 11:10 AM
Originally posted by max_boost
For really long term investment, moderate risk mutual funds, dollar cost averaging, just invest a little bit per month into a diversified equity portfolio. This is more retirement planning but you can get started on that now.
Best advice in this thread IMO. Diversified equity portfolio and invest a little per month long term. You'll do fine...
Put together an aggressive portfolio for now (100% equity) and decrease the risk level as you get closer to retirement.
No reason not to start this now, only if it is only a little per month.
/////AMG
03-03-2006, 11:44 AM
Originally posted by Stratus_Power
as soon as i free up some money I will pick up some SGP... if they are still ~ 80cents :D good deal! hope Rol.a go back up soon
76 now!!
I got a new question as well. I got a few $$ in my TD account, but I can't purchase shares because I have no funding.
I'm guessing I'll have to apply for Personal Investing, but which one do I pick:?
Guaranteed Investment Account
TD Waterhouse Discount Brokerage Self-Directed RSP
TD Waterhouse Discount Brokerage Basic RSP
TD Waterhouse Discount Brokerage Direct Trading Account
I know we had an account open, because my dad bought a few Nortel (bad) shares back in the day. Basically all I want to do is buy and sell. Nothing else. I'll be taking the tour and all that tonight to ge tused to the site and features.
89coupe
03-03-2006, 11:55 AM
If you don't need the money, setup an SDRSP.
If you want access to the money setup a cash account, the last one on your list.
djayz
03-03-2006, 02:16 PM
damn it bought ptu and it went down :(
anybody know wtf is going on with SVM they are outpacing SLW but it seems to me that its all hype and rumors that are rallying the stock. Over 30% in two days and the stock is around 13 dollars. looks damn risky...glad i hold sLW
AsianCaucasian
03-03-2006, 02:23 PM
Did anyone check out OCL today? up almost 20%!!
Si_FlyGuy
03-03-2006, 03:41 PM
Originally posted by AsianCaucasian
Did anyone check out OCL today? up almost 20%!!
Fok..I was just tracking that company a few days ago. Totally forgot about it...
Altezza
03-03-2006, 04:31 PM
RIM Settles with NTP:
Available at Reuters:
TORONTO, March 3 (Reuters) - Research In Motion (RIM.TO: Quote, Profile, Research) has settled its patent dispute with NTP Inc., Canadian broadcaster ROB-TV said on Friday.
In the United States, CNBC also reported that RIM and NTP reached a settlement and said it was worth $612.5 million.
The settlement would avoid an injunction that would have shut its U.S. BlackBerry service.
TORONTO, March 3 (Reuters) - Research In Motion Ltd. (RIM.TO: Quote, Profile, Research) said on Friday it has signed a definitive settlement agreement with NTP Inc., which will allow it to maintain its BlackBerry service in the United States.
"All terms of the agreement have been finalized and the litigation against RIM has been dismissed by a court order this afternoon," the Canadian company said in a statement.
RIM has paid NTP, a U.S. patent-holding firm, $612.5 million.
max_boost
03-03-2006, 08:59 PM
Originally posted by CLiVE
Best advice in this thread IMO. Diversified equity portfolio and invest a little per month long term. You'll do fine...
Put together an aggressive portfolio for now (100% equity) and decrease the risk level as you get closer to retirement.
No reason not to start this now, only if it is only a little per month. While that is true, that's a pretty boring way to invest hehe Like Altezza said, it's like watching grass grow.:rofl: But it's the safest and 99% guaranteed to work I think :D
Anyway, any of you guys heard of this girl? Lesley Scorgie. She isn't a millionaire yet, but very soon! Started saving at age 10, not sure what her method is, perhaps her folks helped her out with some $$$ along the way to help boost her stock picks. But a self made million dollar portfolio by age 27 is freaking impressive. I remember watching her on Oprah years back, a smart girl, that's for sures.
http://www.richbythirty.com/
max_boost
03-04-2006, 12:36 PM
Those of you who go with the dollar cost averaging method, do you notice greater gains through low risk or high risk funds? With a lot of the low/moderate risk, there is not a lot of fluctuations, rather a steady line going up, whereas the high risk funds are just bouncing all over the place, which it allows you to take advantage of averaging up or down. Yes it sucks to lose 30% of your portfolio in one year but you have to be shitting yourself when it jumps up 65% the next. :D
CLiVE
03-04-2006, 04:15 PM
Originally posted by max_boost
Yes it sucks to lose 30% of your portfolio in one year but you have to be shitting yourself when it jumps up 65% the next. :D
The trick is don't look at it too too often. Just let it ride, and meet with your investment advisor twice a year to rebalance the portfolio. And buy when things are 'on sale' not in an overheated and overvalued market. Yes a boring way to invest....but best approach for long term security.
In the short term day trading stocks is just for fun. Like gambling. Just don't gamble with more than you're willing to lose. Fun for short-term cash flow...
djayz
03-04-2006, 06:52 PM
that lady bought into a canadian savings bond
check this...even if she put 10grand in when she was 10 its definately possible
http://www2.csb.gc.ca/s92_cpb.pdf
lastprodigy
03-06-2006, 07:00 PM
hey, 89( or anyone)...you holding PLE, SPX and stuff? what about SUL...
and djayz, what about buyin ble again?
roopi
03-06-2006, 07:38 PM
Some big bids up for BCF today...
PSV had a good earings report after the bell today. Watch this one tomorrow.
djayz
03-06-2006, 08:26 PM
I hold PLE and SPX...hanging on to them for a long time not going to short.
and BLE yes still a good buy dont buy today...maybe give it a couple days as markets are having a rough day every now and then and BLE suffers a little. Id say anything under $2.80 is a good buy for BLE tho but its a long term...sometime next year when its above $6 ill sell..thats when they have plans for production.
IE(ivanhoe energy) is doing very well and will be doing well for a long time seeing as how their new technology has finally been successfully tested.
itstrue
03-07-2006, 11:43 AM
Originally posted by PaPa LuV
I work up in Fort mac for CNRL, and can tell you that the oil sands are the future of Canada. Buy stocks in UTS, and if you like diamonds, TAH!
You are right about UTS.
I have been in/out and back in to UTS.
This is a stock that you will want to hold on to for several more years to come. they have not even started to produce yet and this is not expected to start 2009.
It is one of the darlings of the oilsands.
i have also been told about TAH but never did invest in it.
Best Regards,
lastprodigy
03-07-2006, 07:44 PM
LE*3797 Buy 1,000 SUL $0.17 07-Mar 07-Mar Historical 0
that mean it didnt go through and i gotta file it again?
roopi
03-07-2006, 08:58 PM
Originally posted by lastprodigy
LE*3797 Buy 1,000 SUL $0.17 07-Mar 07-Mar Historical 0
that mean it didnt go through and i gotta file it again?
Right. It would say filled if it was completed.
PaPa LuV
03-07-2006, 09:37 PM
Originally posted by itstrue
You are right about UTS.
I have been in/out and back in to UTS.
This is a stock that you will want to hold on to for several more years to come. they have not even started to produce yet and this is not expected to start 2009.
It is one of the darlings of the oilsands.
i have also been told about TAH but never did invest in it.
Best Regards,
lastprodigy
03-07-2006, 10:00 PM
Originally posted by roopi
Right. It would say filled if it was completed.
on the detailed page it says status: open...so now im confused
Weapon_R
03-07-2006, 10:06 PM
Do you have the option of cancelling that order and redoing it? You don't want to get stuck with two active orders.
I'd cancel the first one and then redo it and place a condition that it be filled in the next couple of days if possible.
lastprodigy
03-07-2006, 10:19 PM
It does not have the cancel option anymore. It now says "historical" where the other ones say filled so I am pretty sure it hasnt gone through. Think I will wait till the morning and redo it then.
roopi
03-07-2006, 10:30 PM
Originally posted by lastprodigy
on the detailed page it says status: open...so now im confused
If it says Historical that means the order will not be filled. All orders by default are day orders (if not filled by the end of the market hours they are finished) unless you enter a date to leave the order open.
Tomorrow morning look in your account and you will see it is gone from the orders section.
roopi
03-07-2006, 10:32 PM
Originally posted by PaPa LuV
UTS purchased a bunch of land north of SUNCORE through a numbered account. Now they own the largest piece of land for mining in Fort mac.
And Tiffiny Diamond Invested 35 mill in TAH, and they are going to buy and produce all the diamonds out that mine.They are coming out with a finacial report at the end of march....hmmmm I don't know about you, but that sounds like a good investment. I've been keeping a eye on the market and they are going down. Hopefully that trend will continue until I get back from work on the 22nd
UTS DID NOT purchase land through a numbered company. There is no proof that UTS made this purchase (unless you have proof backing this up). UTS did add to their land holdings but the purchase through the numbered company was not them (or at least that isn't public information yet).
lastprodigy
03-07-2006, 11:31 PM
Originally posted by roopi
If it says Historical that means the order will not be filled. All orders by default are day orders (if not filled by the end of the market hours they are finished) unless you enter a date to leave the order open.
Tomorrow morning look in your account and you will see it is gone from the orders section.
thanks :thumbsup:
itstrue
03-08-2006, 09:39 AM
Originally posted by roopi
UTS DID NOT purchase land through a numbered company. There is no proof that UTS made this purchase (unless you have proof backing this up). UTS did add to their land holdings but the purchase through the numbered company was not them (or at least that isn't public information yet).
I remember hereing something about a #company buying up a lot of land in that are.
But like you said there is nothing to date that says it was UTS.
Best Regards,
lastprodigy
03-08-2006, 10:25 AM
Are the quotes in the Td Canada trust profile completely live?
djayz
03-09-2006, 08:20 PM
^
if you go to realtime quotes then yes its live
otherwise they are delayed 15 minutes
or if your talking about when you login to webroker and go under holdings then thats a different story only sometimes are they accurate...for some reason they dont update them on a daily bases even tho they shutdown access to all accounts after 10pm for like 2 hours.
anyways anybody have any new news on anything?
im buying more uts soon and prolly some more IE which just got hammered today.
djayz
03-10-2006, 03:33 PM
damn i must say that im sad denison mines is down...but for a long term purchase i cant say that im sad thats the price has gone so low...it almost as low as how much i originally bought at.
time to load up.
and purepoint...think ill take the crane to work on that and grab a few thousand more :D
Weapon_R
03-12-2006, 11:20 PM
As some of you may already know, Tim Hortons is going to introduce its IPO next week.
My question is: Do you guys think it would be a good idea to get in on this? Initial price is approximately $21/share. How would I get in on this early enough using TDW? I've never bought an IPO before...
Altezza
03-12-2006, 11:41 PM
Getting in on the Tim IPO may be difficult unless you're very close to brokers at the underwriters for the Canadian side (RBC Dominion and Goldman Sachs). If you're a very important or higher profile client, you'll be able to get in with an allocation. Most retail investors will likely have little chance at participating in the IPO.
djayz
03-13-2006, 06:33 AM
^
werd the ipo is pretty much reserved the all the insiders. but call your broker and see if they can get you in...always worth a shot.
anybody stock up on purepoint?
benyl
03-13-2006, 11:36 AM
Purepoint isn't moving...
benyl
03-13-2006, 01:23 PM
sold out of BCF too soon!
$2.69 right now:banghead: :banghead: :banghead: :banghead: :banghead: :banghead: :banghead: :banghead: :banghead: :banghead:
89coupe
03-13-2006, 01:56 PM
HUGE JUMP!!!:eek:
LOL...oh well.
Great for those who held on:thumbsup:
89coupe
03-13-2006, 02:04 PM
This is why
Bronco/Bigstone 35,200 Acre Joint Venture-Athabasca Oilsands Region of Alberta
NEWS RELEASE TRANSMITTED BY CCNMATTHEWS
Bronco Energy Ltd.
March 13, 2006 - 10:49:33 ET
Bronco/Bigstone 35,200 Acre Joint Venture-Athabasca Oilsands Region of Alberta
CALGARY, ALBERTA--(CCNMatthews - March 13, 2006) - Bronco Energy Ltd. (TSX
VENTURE:BCF) ("Bronco") is very pleased to announce that it has executed a
binding Letter of Intent for a long term, exclusive joint venture with the
Bigstone Cree Nation ("BCN"). This agreement grants Bronco operatorship for
development on 35,200 acres of petroleum, natural gas and oil sands
properties. Bronco's exploration team has mapped and identified upwards of 600
million barrels of oil in place in the Wabiskaw oil sands horizon alone, and
have selected 300 potential horizontal drilling locations. These lands are
located near Wabasca, Alberta in the heart of the Athabasca in-situ oil sands
region in the northeastern quadrant of the province. The lands are surrounded
by proven producing Wabiskaw formation heavy oil wells operated primarily by
two major oil and gas companies.
Initially, in-situ heavy oil will be produced using primary recovery. The
wells will be planned and developed to provide the option for future
waterflood enhanced oil recovery. Drilling will commence in Q3 2006 with
production testing anticipated to begin in Q4 2006. Offset wells typically
come on stream at approximately 125 barrels of oil per day under primary
production. Area infrastructure is in close proximity and will improve
economics with the conservation of solution gas and the elimination of
trucking costs.
Included in the arrangement is 61 km of seismic, which will help Bronco/BCN
evaluate hydrocarbon potential in the Wabiskaw, Clearwater, Viking and other
known shallow bituminous formations.
Mr. Brian Alford, President & CEO of Bronco stated, "Bronco is looking forward
to working shoulder to shoulder with Chief Francis Gladue and the Bigstone
Cree Nation in developing the considerable untapped oil and gas resources on
the Bigstone Reserves. Although the joint venture provides Bronco with several
years of drilling, Bronco/BCN will collectively pursue the expansion of the
land base into Bigstone traditional lands off-reserve. This could lead to the
potential for drilling on other Northern Alberta aboriginal reserves for the
benefit of the BCN and Bronco shareholders".
Bronco Energy Ltd. trades on the TSX Venture Exchange under the symbol "BCF".
This news release contains forward-looking statements which involve known and
unknown risks, delays and uncertainties not under the Corporation's control
which may cause actual results, performance or achievements of the Corporation
to be materially different from the results, performance or expectations
implied by these forward-looking statements.
FOR FURTHER INFORMATION PLEASE CONTACT:
Bronco Energy Ltd. Brian Alford President and Chief Executive Officer (403)
699-8383 (403) 693-0038 Bronco Energy Ltd. David Johnson Chief Financial
Officer (403) 699-8383 (403) 693-0038
403mr2turbo
03-13-2006, 02:25 PM
i heard about UTS when it was at 2.40 and bought in for some shares....as for TAH, it wont be for a couple more years, i've heard good things about that company as well...they just need more money to start mining for canadian polar diamond...if they do interact with some...we are looking at at least 40 dollars a share..its 70 cents righ tnow...and i bought in at 50 cents...
Originally posted by itstrue
You are right about UTS.
I have been in/out and back in to UTS.
This is a stock that you will want to hold on to for several more years to come. they have not even started to produce yet and this is not expected to start 2009.
It is one of the darlings of the oilsands.
i have also been told about TAH but never did invest in it.
Best Regards,
403mr2turbo
03-13-2006, 02:26 PM
quick note...might wanna take a look at ca:exn, ca:god friend told me it would be a good investment...
roopi
03-13-2006, 05:55 PM
Very good news for BCF today. The O/S on this company is very low (about 11 million). Valued at 30 million as of today. With an estimate of 600 million barrels on this property and comparing to other companies out this I don't think we are done yet. I'm still holding onto this one.
PSH (Portrush Petroleum) - I've been waiting on this one for a while and today after the bell they announced results from the deep well they just finished. I like what I see (about exactly as I thought the production would be but was hoping for more). Should be good tomorrow. Just need the reserve estimates on this one now.
News Release
--------------------------------------------------------------------
Portrush Announces First Production From Scanio-....... #6
Monday March 13, 6:10 pm ET
VANCOUVER, BC--(MARKET WIRE)--Mar 13, 2006 -- Portrush Petroleum Corporation (Vancouver:PSH.V - News) (OTC BB:PRRPF.OB - News) (http://www.portrushpetroleum.com) wishes to announce that natural gas and condensate production has successfully commenced from the Scanio-....... #6.
The well has been production tested at a rate of three million cubic feet of gas and one hundred and twenty four barrels of condensate per day. The current selling price for gas from the property is $7.72 mmbtu and $58.45 per barrel of condensate.
The operator intends to produce the well at a reduced rate of two and a half million cubic feet of gas per day. This will lower the condensate production to approximately one hundred and fourteen barrels a day. At the proposed level of production the well will generate gross revenues of approximately $780,000 per month.
An absolute open flow for the well has been calculated at 14 million cubic feet per day.
Portrush holds a10% working interest.
All production testing was conducted into the sales line. The existing production equipment has been upgraded to deal with the larger production volumes and the much higher flowing tubing pressure. This work is now virtually complete.
Martin Cotter, the Company's President and CEO, stated, "We are very pleased with the initial prognosis for this well. The potential for near-term addition of new reserves and production to our established production base is an important element of our basic strategy to build a mixed portfolio of exploration and production opportunities to create substantial value for our shareholders."
A final interpretation of the overall hydrocarbon column encountered, and hence estimated reservoir volumes and a full analysis of all the log data and fluid sampling recovered from the well is underway. We anticipate this preliminary report will be complete within a number of days.
The Mission River lease is being developed by McAlester and is located at the south end of the town of Refugio, Refugio County, Texas. The field has multiple pays at depths ranging from 2,000 to 8,500 feet. Portrush has a 10% working interest in the field. To date seven wells have been drilled and all seven wells have been placed on production.
benyl
03-14-2006, 11:06 AM
check this out... For the heavier traders.
http://www.actiondirect.com/activetrader/
Gorilla
03-14-2006, 11:32 AM
What you guys think about CLL (Connacher Oil & Gas)
Schwa
03-14-2006, 02:37 PM
is Sienna Gold or Plexmar a good buy right now? Both seem to be at their lows in this moment. Thinkin of putting 3K into one of these.
Gorilla
03-14-2006, 02:39 PM
Originally posted by Schwa
is Sienna Gold or Plexmar a good buy right now? Both seem to be at their lows in this moment. Thinkin of putting 3K into one of these.
Check out Yamana Gold
89coupe
03-14-2006, 02:41 PM
Originally posted by Schwa
is Sienna Gold or Plexmar a good buy right now? Both seem to be at their lows in this moment. Thinkin of putting 3K into one of these.
I would buy Sienna over Plexmar but both have potential.
If you want a company to get into, look at SUM on the venture.
red99600
03-14-2006, 11:39 PM
im looking into some mutual funds,
and where should i go and what should i ask for ... looking to get somewhere between 12-18% or higher of course per year
thanks
red99600
03-14-2006, 11:39 PM
im looking into some mutual funds,
and where should i go and what should i ask for ... looking to get somewhere between 12-18% or higher of course per year
thanks
FishPoo
03-14-2006, 11:44 PM
Originally posted by djayz
damn i must say that im sad denison mines is down...but for a long term purchase i cant say that im sad thats the price has gone so low...it almost as low as how much i originally bought at.
time to load up.
and purepoint...think ill take the crane to work on that and grab a few thousand more :D
Yea, load up the boat. I'm also in the long-term on Denison.
Insiders, CEO (Farmer) and one of the directors just bought $300000 worth of shares on the market in March between $13-14, so this one is just getting ready to move again.
lastprodigy
03-14-2006, 11:57 PM
Originally posted by red99600
im looking into some mutual funds,
and where should i go and what should i ask for ... looking to get somewhere between 12-18% or higher of course per year
thanks
Go with the BMO Dividend Fund, I have seen about ~22% since May 05
djayz
03-15-2006, 06:28 AM
Originally posted by FishPoo
Yea, load up the boat. I'm also in the long-term on Denison.
Insiders, CEO (Farmer) and one of the directors just bought $300000 worth of shares on the market in March between $13-14, so this one is just getting ready to move again.
Need to get my paycheck in the bank denisons already on the move i think its gonna be well over 15 by friday.
edit: just bought in at 14.45...i guess itll hold strong for a while just wish i couldve got in at 14.05 which was market close yesterday but the price shot up opening markets today. none the less i just noticed uranium spot price is at $40 :eek: :thumbsup:
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