“First Ounce Bounce” Set to Pay 1,100% Government filing NI 43-101 is mandatory in Canada. It shows the proven reserves of any company intending to mine gold. The latest filing from a small renegade company we’ve just uncovered lists their reserves at an astounding 10.1 million ounces. It’s the biggest gold strike in Canadian history – and one of the biggest in the world. Yet few investors have seen or heard of NI 43-101 yet. Getting in before the “first ounce bounce” – when the first ounce comes out of the ground – is likely to yield an initial return of 1,100%. Go here for the full report.

Brazilians used to joke that their country was the country of the future – and always would be because a new crisis seemed to crop up every time the economy came close to fulfilling its potential.

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  I talked to Phil at HoweStreet.com yesterday. You can listen HERE.And yesterday in MoneyandMarkets.com I wrote about Mexico’s supergiant oil field, Cantarell, which is in some serious trouble. Here’s that …A Storm Called Cantarellby Sean Brodrick Wednesday, September 03, 2008 7:30 AMThe oil industry along the Louisiana coast got off lightly from Hurricane Gustav. While 1.3 million barrels of oil and seven billion cubic feet of natural gas per day stopped pumping temporarily, ... [More...]XX Sean’s note: After I published that story, I then found another story on Mexican oil woes. It’s interesting …Cantarell Is Not Mexico's Only Oil Production ProblemThere are problems in two other large oil fields, the Chicontepec Basin and Ku-MaloobZaap. These two fields make up 72% of Mexico's non-Cantarell proven reserves. The fields differ significantly from Cantarell in terms of geology, ...