Originally Posted by waddy41 (Post 7179206)

`Meritus drills 16 m of 7.73 g/t gold at Gutain Davaa`
What would be considered good?
Is there a site where I can learn about the basics of the mining industry?

Originally Posted by subordinate (Post 7192054)

Roz-v - I think I had mentioned before, I sold all my warrants.

Originally Posted by SilverSER (Post 7193381)

Check out GAS.TO - diversified, as good as it gets when it comes to investing into natural gas. You could also pick big players.

With cold winter coming, futures on GAS should increase in price. Over the next year, it may be a great buy.

I've read a number of reports and just wanted to check if anyone out here was thinking the same (or differently).

Originally Posted by IchibomB (Post 2629728)

Looking for a short here in Natural gas on Monday. Price is under the 2 month (thin red) and 8 month (thick yellow) 50% retracements as well as the traditional 52 day 50% support from the previous 1 month cycle.

Any bullish movement will most likely be weak for now. However, watch for price to consolidate some and for the bulls to regain their strength in December.

http://i22.photobucket.com/albums/b3...3Nov191406.gif

Originally Posted by SilverSER (Post 7193520)

Excessive supply and filled up reserve tanks have been the reason for the price drop. But here is how I was seeing this:
1. Natural Gas has multiple applications and has been considered a substitute to gasoline for vehicles. If the price for oil were to go up by a lot, there is a chance the price of NG will do the same.
2. With the decrease to the all time low prices (lowest in 7 years?) some smaller Co's have gone out of business. Many put their production on hold as reserve tanks filled up. Why did this happen? Because last winter wasn't as cold (I am talking AB market primarily, Canada). This winter is predicted to be colder, much colder.
3. The world wide financial crisis hit all natural resources pretty hard, maybe with the economy recovering (slow process) there will also be an upward trend for NG.

And lastly, it is a "greener" product and we may see a spike in demand as it can be used for new purposes.

You are right, however, at the moment it doesn't seem to be a "sure thing" but good buys rarely look great until it is too late.

Thanks for the discussion.

Originally Posted by mouserman (Post 2630245)

Was reading a good commentary on nat gas. While the prices for ng in north america at currently around 4$ US , the rest of the world is paying substantially higher prices.
From dailywealth.com
If you’re interested in safely making money in commodities over the coming decade, I have two important numbers for you…
The first is the price of natural gas in the U.S. – which is less than $4 per million British thermal units (mBtu).
The second is the price of natural gas in Asia, where people will pay $10 per mBtu for natural gas they import from overseas.
This is a disparity someone can make a lot of money on. The only reason it exists at all is because the natural gas market is still mainly a local market. It is not as easy to ship natural gas into a country as it is to ship oil. You have to supercool it so it liquefies. Then you can put it on a tanker and ship it to a terminal where your buyer can regasify it. This is the LNG trade.
There are problems. U.S. energy companies, before the shale gas boom changed everything, thought the U.S. would need to import natural gas. So the U.S. has about 10 LNG import terminals and two more in the works. Now, with a natural gas glut in the U.S., these terminals are pretty much useless.
Owners of these terminals want to refit the terminals to turn them into export terminals, where the gas is liquefied and shipped out. They are now petitioning the U.S. government for export licenses.
As the Financial Times reported, “The U.S. could soon be competing with Russia and the Middle East to supply the world with natural gas, a shift in production that would reshape energy markets over the next decade.” Even if the U.S. exported just 10% of its natural gas, it would become the largest exporter of LNG in the world. Few countries can match the U.S. in natural gas resources or low costs

Originally Posted by waddy41 (Post 7197573)

I'm guessing the news on Potash One helped to boost other junior potash companies
"Potash One suitor offers $4.50 a share"

It's nice if you're holding EPO, WPX