Thursday, June 19, 2008

Mining 101

For those that want more information about how mining companies are valued and how the system works, check out this blog on mining. Really good stuff, especially if you're new to the game.

Friday, June 13, 2008

Unconventional Natural Gas Blog

Hats off to Vince "Stateside" Marciano, a fellow smartinvesment.ca poster, for his excellent blog on some of the hot natural gas plays in Canada. He's mostly covering the Utica formation in the Quebec Lowlands and also some of the Maritime shale gas plays. The man is making me lazy, since now I can practically go to one source for shale gas news. Well, at least for East Coast plays.

Now I just need a good Montney site!

Good job, Vince!

Deb

Summer Frenzy

Wow, it's been a while since I wrote. One thing about living in Canada is that you have a lot of down time in winter (so you do time consuming things like start a blog), and then summer is a flurry of activity. In Edmonton, you've got three good months to get your stuff done. Especially if it involves the outdoors.

Summer's in full swing now, with kids going to soccer, corporate extra-curricular activities, vacations, etc. So unfortunately, this blog is low on the priority list. Lucky I write off the cuff.

Usually around this time of year, most natural resource stocks take a breather and you can kind of ignore the market a little. Not the case this year, though. Oil and gas stocks have been on fire, and certain jr. mining companies are too low to ignore. So the slow shoulder season has been volatile and great from trading, making my life pretty busy.

For the past few months I've been trading in and out of Altai Resources (ATI.v), while keeping a core position, which has been fairly lucrative. I've also had good luck with a lot of other oil & gas stocks. I've been loving the rise in Bronco Energy (BCF.to), Talisman (TLM.to, US: TLM, Falcon Oil & Gas (FO.v), Tusk Energy (TSK.to), Profound Energy (PFX.to)... and well, just about all of my energy stocks actually. I've been taking profits and buying back in with the volatility, and it's been a good ride so far.

To balance my oil & gas-heavy portfolio, I've been trying to dabble in other hot areas. For solar & tech, I've started a position in VN Plus (VNP.to). Great article released a few days ago, says it best. For fertilizer/ag, I've bought some Viterra (VT.to), MagIndustries (MAA.v) and Phoscan Chemical (FOS.v). Working out good so far, with pretty decent gains in the past few months. Once again, I'm taking money off the table from time to time as these have been rising (my trade count with TD Waterhouse is smoking this quarter, which is cool because now I get the $9.99/trade deal).

With energy plays coming down, I've been holding on to some cash to hopefully pick up some beaten down gold or PGM shares in August. Seems like there's always something good to buy in August.

Anyway, I hope everyone is enjoying the summer... and getting some good trades going in the market this year.

Cheers!

Deb