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[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




Commodities Market: Dig Your Way to Riches

Andrew Snyder (September 16th, 2009) Writes:

The commodities markets have been kicked into high gear. As America’s lenders change their mind, the world’s mining companies are on a surefire path to riches.

If you can’t farm it, you have to mine it. It is a great message, no matter if you are an investor or an out-of-work cowboy.

Riding through the streets of Alaska’s ever-wet capital, you see all sorts of bumper stickers. There are three main categories – fishing, mining and Sarah Palin.

It is the miners getting all of the attention this week.

There are several reasons the world’s mining industry is opening a big ‘ole bottle of bubbly, but none more poignant than the fact that America is shelling out debt faster than a hot-rod blackjack dealer unloading his deck.

As Uncle Sam goes “all in,” the folks paying for Washington’s lavish lifestyle are getting nervous. For proof, I need just one set of numbers.

In July, foreign

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PetroChina Tie-up with Huaneng – Analyst Blog

Zacks Market Commentaries (September 3rd, 2009) Writes:
The world's second largest oil and gas producer by market value, PetroChina Co. Ltd. (PTR), inked an agreement with China's top power firm Huaneng Power International to join forces on natural gas power generation projects. The agreement will increase the proportion of natural gas usage in Chinese power generation activity and promote clean energy in the country.   China is planning to gradually increase natural gas usage for power generation. This is to mitigate pollution problems from its coal-fired power plants. At present, two-thirds of China's electricity comes from coal-fired power plant sources that generate tremendous amounts of greenhouse gases and lead to air pollution.   Natural gas is expected to be a key growth area for PetroChina. In 2008, natural gas production increased by more than 14% year-over-year. In addition to the domestic initiatives, PetroChina is also making progress with securing natural gas resources abroad. In this ...

Water Stocks News – Wescorp Energy (OTCBB: WSCE) Ships First H2Omaxx Water Remediation Unit for Operations in Kansas, USA

Dawn Van Zant (May 27th, 2009) Writes:
HOUSTON, TEXAS AND CALGARY, ALBERTA -- May 27, 2009 -- Wescorp Energy Inc. (OTCBB: WSCE.OB), an oil and gas technology solutions provider, is pleased to announce that a 2,000 barrel per day H2Omaxx water remediation unit has been shipped to Kansas to begin full operations for an oil and gas producer.

Wescorp Energy, Inc. (WSCE.OB) Announces Shipment of First H2Omaxx Water Remediation Unit

QualityStocks (May 26th, 2009) Writes:

Wescorp Energy Inc., an oil and gas technology solutions provider, was pleased to announce today that a 2,000 barrel per day H2Omaxx water remediation unit has been shipped to Kansas to begin full operations for an oil and gas producer. H2Omaxx safely, effectively and economically cleans and separates oil and solids from produced water using patented technology. Test results have demonstrated the H20maxx’s ability to reduce oil content in produced water to less than 0.001% allowing oil and gas operators to reduce, reuse, and recycle water.

In July of last year, the company signed a master lease agreement with a private oil and gas company with operations in Texas, Kansas and Wyoming to construct, deploy and operate up to 256 H2Omaxx water remediation units over a 5-year period. According to the press release, this will be the first unit shipped under the master lease agreement.

“The deployment of the first H2Omaxx unit

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Wescorp Energy Ships First H2Omaxx Water Remediation Unit for Operations in Kansas, USA

Dawn Van Zant (May 26th, 2009) Writes:
HOUSTON, TEXAS AND CALGARY, ALBERTA -- May 26, 2009 -- Wescorp Energy Inc. (OTC BB: WSCE.OB), an oil and gas technology solutions provider, is pleased to announce that a 2,000 barrel per day H2Omaxx water remediation unit has been shipped to Kansas to begin full operations for an oil and gas producer.

XTO Beats on Record Production – Zacks Tale of the Tape

Zacks Market Commentaries (May 6th, 2009) Writes:
Shares of XTO Energy Inc. (XTO) surged more than 12% today after first-quarter earnings of 91 cents per share, excluding items, came well ahead of the consensus estimate of 78 cents.

The oil and gas producer's revenues grew a strong 29% to $2.2 billion driven by record production volume of 2.7 billion cubic feet equivalent (Bcfe) per day.

XTO also boosted its fiscal 2009 production growth target to 16%, compared to earlier forecast of 14%.

The full-year consensus estimate has declined 21 cents to $3.24 per share over the past 2 months. The better-than-expected quarterly results, however, may lead to positive analyst revisions over the next several weeks.

XTO, a Zacks #3 Rank ("Hold") stock, is trading on volume of approximately 12.4 million, well above the daily average of about 7.0 million.

"XTO" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

Allied Resources, Inc. (ALOD.OB) Recognizes 73% Increase in Net Income Year over Year

QualityStocks (April 7th, 2009) Writes:

Allied Resources, Inc., an independent oil and gas producer, today reported year over year increases in net income and net revenue, in spite of the dramatic downward trend in energy prices during the second half of 2008.

Net income for the twelve months ended December 31, 2008 totaled $251,961 compared to $145,722 for the comparative period ended December 31, 2007, an increase of 73%. Net revenue for the twelve months ended December 31, 2008 totaled $1,216,908 compared to $915,595 for the comparative period ended December 31, 2007, an increase of 33%.

Ruairidh Campbell, Allied’s chief executive officer, stated, “Although the comparative annual results are worthy of comment, near-term results going forward are not expected to perform in the same way. More encouraging is the prospect of improving long-term results by purchasing distressed oil and natural gas properties directly from banks and leasehold owners who are affected by the current malaise. Our cash

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Resource Stock Roundup:Friday, March 27th, 2009

Doug Casey (March 27th, 2009) Writes:

Investors were in a joyous mood during Thursday trading on the Canadian markets as the bulls trampled the bears in all sectors. For the tale of the tape, the TSX Exchange added 2.25%, while the TSX Gold Index rallied 0.5% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, surged 2.63% with the advancers swamping the decliners by a 446 to 317 margin on volume of 189 million shares traded.

Franco Nevada posted a fourth quarter profit of $15.4 million or $0.15 per share on revenues of $42.5 million. The royalty company tabled earnings of $40.3 million or $0.41 per share on revenues of $151 million for 2008. Franco closed out the day down C$0.74 at C$28.25.

Shares of Northern Freegold Resources closed unchanged at C$0.57 despite reporting results of up to 142 grams gold per tonne over 0.73 metres from the Nucleus zone on its Freegold Mountain project

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Bald Eagle Energy, Inc. (BEEI.OB) Optimism in Alaska Shared By Many

QualityStocks (February 27th, 2009) Writes:

Bald Eagle Energy, Inc., (BEEI.OB) is in good company as it seeks out oil and gas deposits in the Arctic regions of Alaska. Some of the biggest oil and gas companies in the world are exploring or producing, both on shore and off shore, in and around Alaska.

• ExxonMobil (NYSE:XOM) has been in Alaska for a long time, having invested over $20 billion since 1954, and it’s still there, producing approximately 140,000 barrels of oil per day.

• Royal Dutch Shell (NYSE:RDS-B) is investing billions into offshore exploration in the Beaufort Sea and Chukchi Sea, off Alaska’s north and northwest coasts.

• British Petroleum (NYSE:BP) operates the largest oil field in North America, the Prudhoe Bay Field in far northern Alaska, along with other oil fields and pipelines on Alaska’s North Slope.

• Chevron Corp. (NYSE:CVX) has a number of exploration and production operations on Alaska’s North

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Stock To Watch – 12/29/08

Daniel Shepard (December 29th, 2008) Writes:

Monday December 29, 2008 Navivest

The shares of Linn Energy LLC (LINE), an independent oil and gas producer operating in the United States, which has seen its stock price fall from $21 back in September to a closing low of $11.20 on December 5th of this year, are getting a major boost after a favorable write-up in Barron’s latest issue.

With the decline in oil prices since the summer, the stock of Linn Energy LLC has fallen along with those of other energy companies. Another concern for investors is that Linn Energy, which is structured as a master limited partnership and pays out about 60% to 70% of its quarterly cash flow to its shareholders in tax-advantaged distributions, might have problems paying those dividends going forward, with the recent decline in energy prices.

But according to the Barron’s article, Linn has hedged its bottom line and “was able to lock

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