Greywolf







 
Earlier Postings 2/1 - 1/1 2012/2013
Earlier Postings 6/1 - 29/12 2010/2011
Earlier Postings 2/1 - 6/1 2009/2010
Earlier Postings 5/12 - 31/12 2007/2008
Earlier Postings 27/3 - 5/12 2007/2007
Earlier Postings 3/10 - 22/3 2006/2007
Earlier Postings 27/6 - 30/9 2006
Earlier Postings 8/2 - 27/6 2006
Earlier Postings 2/8 - 1/2 2005/2006
Earlier Postings 17/3 - 20/7 2005




24/9 GMT 20.52 Lucara Diamond Corp - LUC:SAX - LUC:TSX New find.. 12/9 GMT 17.44 Lucara Diamond Corp - LUC:SAX - LUC:TSX LUC enters the S&P Dow Jones Canadian Index.. S&P/TSX Composite - Ticker:SPTSX 9/9 GMT 20.51 American Patriot Oil & Gas Ltd - AOW:ASX - Amazing Opportunities The AOW Management´s ability to "Pave the Road" is the, right now, major attraction in this Stock. Movement creates motion ie more to come... 8/9 GMT 23.23 American Patriot Oil & Gas Ltd - AOW:ASX Trading Halted... *G* 1/9 GMT 05.18 World - Soviet/Russia - Tzar Vladimir Putin "Don't mess with a Nuclear Russia, Putin says".. "I can take Kiev in two weeks, Vladimir Putin warns Europe".. There are Libraries and Institutions all over the World where History Books are flapping their pages, begging Today to listen to the wisdom already known by generations upon generations of Historians... To no avail. 29/8 GMT 11.09 Lucara Diamond Corp - LUC:SAX - LUC:TSX - 2014 Revenue Estimate This site raises it´s estimate on 2014 Revenue from, 18/5 GMT 22.19 Lucara Diamond Corp - LUC:SAX - LUC:TSX - 2014 Revenue Even using remedial mathematics this site finds it hard to believe that 2014 Revenue will come in below $250 Million Dollars.. The new estimate, based on What we know so far.. is set at $295-$305 million. There is an X-Factor in play here and given the companies propensity for mining Large and Very Exceptional stones the estimate should be seen in that light. 26/8 GMT 01.45 Harley Davidson - HOG:NYSE Upp $2 since last posting yet the Northen Hemisphere is heading for Winter and there are a Huge amount of used bikes for sale out there.. Still the company has made improvements in cost cutting, maybe more than the real buyers would like. 25/8 GMT 16.30 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Fourth Exceptional Stones Tender A fourth Exceptional Stones Tender during 2014 is more and more inevitable.. 18/8 GMT 19.05 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX There is a pervers human frailty in the fact that War creats Profits. And in times of maps being redrawn, allegiances and Realpolitik rule... 14/7 GMT 01.00 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX As I have pointed to before SNM is potentialy one of the winners in the mess that is the former Mesopotamia and Bits.. Kurdistan a new strong State is a given and not even the ISIS fighters want to tangle with the Kurds.. Also and this of more importance, The Lundin Sphere is very well adapted at making the most out of similar situations.. 15/8 GMT 00.47 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Q2 Report Apparently there is something in the reporting that lacks in clarity or simply there are a lot of people who can´t read and comprehend.. Whatever the reason the market got this Report wrong - Big Time. Yet that is the beauty of the system... 13/8 GMT 10.29 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Q2 Report and Bits.. Given all criteria this will be a "Knock your Socks´off Report!.." The size and quality found and being found.. Future plans... 1/8 GMT 02.04 Harley Davidson - HOG:NYSE The CVO FXSBSE in Hard Candy Sedona Sand and Blaze Orange with Abyss Black Graphics. Well... *G* The SP is making a B-Line for the 200 MA and in this market who knows.. 1/8 GMT 00.21 American Patriot Oil & Gas Ltd - AOW:ASX Don´t miss out on this one... 30/7 GMT 19.15 World - Soviet/Russia - Europes Energy Dependency Major importers of Russian Energy, Finland 76% Poland 91% Germany 30% Italy 28% France 17% Spain 14% Greece 40% Belgium 30% Netherlands 34% Baltic States 86% Britain 13% And ofcourse Sweden 46%... Yes, half your Energy Bill is Russian. The Baltic States and Hungary, Bulgaria, Romania, Czech Republic and Slovakia are all pretty much totaly dependent on Russian Energy. This then were Putin can apply most pressure.. 30/7 GMT 08.41 Lucara Diamond Corp - LUC:SAX - LUC:TSX 30/7 GMT 01.09 World - Soviet/Russia - Sanctions Further sanctions is a nice Headline yet it is powerless, so Germany is going to start up Nuclear Plants? France, Italy, Spain find other Energy providers? All find new trading partners?.. No not So Much.. And of most importance the suggested sanctions concentrate on Soviet/Russias future ability of increasing it´s energy reserves, it say´s very little next to nothing about Today.. Just Headlines.. Putin has an approval rating of 89%.. He is not a Madman he is The Strong Russian Leader the Country Wants... All according to the Soviet/Russians... 27/7 GMT 17.55 Marijuana Stocks - Just another Commodity Interesting article in the NY Times, Let States Decide on Marijuana 27/7 GMT 14.41 Lundin Petroleum LUPE:SAX - LUP:TSX Much like other companies covered by this site LUPE has fallen from perspectiv, yet do not take that as a comment on the value or potential.. Far from it!! 23/7 GMT 01.52 Lucara Diamond Corp - LUC:SAX - LUC:TSX A Correction, long overdue.. For the Traders lot´s of Fun!.. For the rest, it all depends on your point of view.. You know this sites thinking! So the Tactics have been and are Buy/Accumulation. Target raised from $3 to $4.. 21/7 GMT 18.22 American Patriot Oil & Gas Ltd - AOW:ASX Asian Investor Presentation 16/7 GMT 21.37 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Special Auction Result Well that should be $3 in the rear view window.. The next Special Auction already has two $10 million stones in hand found in Q2. 2014 Revenue has also just ticked over the $160 million company forecast.. 15/7 GMT 03.14 American Patriot Oil & Gas Ltd - AOW:ASX An Australian based Oil and Gas Company with Operations in the US.. This is a "get in at the ground floor play".. Takes very little positive news to move the valuation. The business concept is sound and this sector is extremly attractive. Company Website 14/7 GMT 01.00 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX As I have pointed to before SNM is potentialy one of the winners in the mess that is the former Mesopotamia and Bits.. Kurdistan a new strong State is a given and not even the ISIS fighters want to tangle with the Kurds.. Also and this of more importance, The Lundin Sphere is very well adapted at making the most out of similar situations.. 9/7 GMT 15.03 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Special Auction A special auction in the middle of the Northen Summer is not ideal, yet the management is smart enough to adjust.. Though less Stones are on offer there are some real "Gems" in the lot, to the extent that the price per carat will do very well indeed. 9/7 GMT 14.23 Marijuana Stocks - Nuvilex Inc - NVLX:OTC A company to watch, interesting things in the pipeline.. 9/7 GMT 14.12 Marijuana Stocks - Just another Commodity - New York As expected the legislation passed, 21/5 GMT 16.27 Marijuana Stocks - Just another Commodity - New York A bill to legalize medical marijuana in New York cleared a major hurdle in Albany Tuesday as the Senate Health Committee passed the Compassionate Care Act by a slim, bipartisan vote of 9 to 8. A February poll found that a Supermajority of New Yorkers - nearly 90% support legalized medical marijuana in the state. 3/7 GMT 10.02 Lucara Diamond Corp - LUC:SAX - LUC:TSX Due to recent and ongoing developments in the companies operations and forward planning this site is currently revising it´s year end Share Price target to a level of $5 to $7. The current half year target of $3 has as yet not been reached but it´s estimate was entirely based on extrapolations that in due course have been established as facts. 30/6 GMT 02.10 Marijuana Stocks - Just another Commodity - Washington State Washington's recreational pot stores to open in July.. During the November election more States are set to join the growing (pardon the pun) commercial business... 19/6 GMT 13.05 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Dividend The dividend will be payed out on 24/6 for Swedish and Canadian shareholders. Other countries may see a later date. 14/6 GMT 23.58 NGEX Resources - NGQ:TSX - OMX Listing The company will be listed on OMX on the 19/6. This is an Argentina Gold scenario.... Company Website 13/6 GMT 17.11 Latvian Forest Company - LATF:XSAT This site no longer covers this Company or Invests in it. The reasons are many yet the lack of competent management is the primary concern. There is nothing wrong with concept yet the company is not being managed as a publicly listed entity. The decision to let the TO 1B become worthless on the same day you announce a private placement at a far lower prize is for one just simply bad business.. So unfortunately this site withdraws from the company. The management does however have the coming AGM as a veichle to redeem themselves, by adopting policies more in line with prudent management.. 13/6 GMT 15.21 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX - ISIS Many of the borders in the Middle East were drawn as lines on a map during the Sykes–Picot Agreement of 1916 and very little care was offered to the ethnic or religious considerations of people affected by the remapping.. However what the Muslims are fighting eachother about is something that happened in 672 AD.. Yet with the division of Iraq into to most probably three zones Sunni, Shiite and Kurdish the Kurdish region is holding the best hand due to the oil wealth in the region. In fact the breakup of the Iraqi state could be seen as a bonus for the oil rich North.. Shamaran is today a play with Risk but also with the potential of even larger profits going forward with Baghdad potentially out of the equation. 11/6 GMT 23.05 Lucara Diamond Corp - LUC:SAX - LUC:TSX This site reiterates it´s $3 Half Year share price target. The Year End target is inspite of the planned infrastructure upgrade currently conservatively set at $5. In this the ongoing and very Recent Discoveries is the factor that can revise this estimate going forward. "It just takes one very special find to totally change the matrix.." 29/5 GMT 06.07 USA - Detroit This site has been buying land and land rights in Detroit since 2010.. Anyway Detroit is a microcosm of what is about to happen in the US, as many companies are looking to establish production facilities in the US. The reason? Energy!!! With the countries onshore/offshore oil reserves the US will soon be a very competative place to place energy intensive production of everything from cars to well the sky is the limit. 21/5 GMT 16.27 Marijuana Stocks - Just another Commodity - New York A bill to legalize medical marijuana in New York cleared a major hurdle in Albany Tuesday as the Senate Health Committee passed the Compassionate Care Act by a slim, bipartisan vote of 9 to 8. A February poll found that a Supermajority of New Yorkers - nearly 90% support legalized medical marijuana in the state. 20/5 GMT 23.52 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Special Auctions A third Special Auction is a given, a fourth is a serious possibility.. The market needs to come to terms with the fact that Special is the new Ordinary... 19/5 GMT 16.05 Lucara Diamond Corp - LUC:SAX - LUC:TSX - New Listing The new listing is valid as of start of trade on the 23/5.. 18/5 GMT 23.22 Marijuana Stocks - Just another Commodity So why Marijuana well because it is a commodity that is about to take off.. I know the fun and laughs begin but consider the future M&A activity in this sector... Right now few if none of the big pharma companies want to touch this "crop" but with further easing due in the US, they are going to get interested real quick.. Well the fact is they already are but not out in the open officially. 18/5 GMT 22.19 Lucara Diamond Corp - LUC:SAX - LUC:TSX - 2014 Revenue Even using remedial mathematics this site finds it hard to believe that 2014 Revenue will come in below $250 Million Dollars.. It´s simply a matter of the quality of Diamonds harvested from Karowe.. They are in the I.F/VVS2/VVS1 (GIA certified) class and above ie the best currently produced. In this it is not the size of the stone as much as the end product quality that matters and it´s here where Karowe shines most brightly. 15/5 GMT 09.20 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Corrected In line with the latest policy from the company results from todays Karowe regular Auction should be released 16/5 after 23.00 CET.. 14/5 GMT 23.01 China - Power Output - April 2014 Power output saw the lowest level of growth in 12 months in April at 425 kWh.. This then the lowest level of output since May 2013. 8/5 GMT 15.45 Marijuana Stocks - Just another Commodity With 7 states in the US currently fine with the fact that Marijuana is OK even for recreational purposes and a another 14 states about to legislate along the same line this commodity is set to surge... A few companies to take a good look at are, Hemp, Inc. Altitude Organic Corporation Medbox INC There are others but in this you have to find them yourself.... 2/5 GMT 11.25 Latvian Forest Company - LATF:XSAT - TO 1B - Bio Energy This site extects that the terms for the LATF TO 1B will be extended from the 2014-03-03 - 2014-05-30 window. In this I expect the period to be moved to much later this year. Also the conversion value will be lowered to closer to 8 SEK.. Also the company is closer to incorporating a Bio Energy entity into the company which will severly increase the cash-flow situation.. I alluded to this before, 11/2 GMT 02.44 Latvian Forest Company - LATF:XSAT - Cash Flow Another piece of foundation is about to be added to the construction of a major Latvian landowner.. And Cash Flow..... 2/5 GMT 00.04 EnQuest PLC - ENQ:SAX - ENQ:LSE OK it´s unsexy but it´s where you put your money when other things look a bit shaky and it does pay-off.. Predictable share trading frequency and a company thats just pulling in the cash... 1/5 GMT 23.51 Lucara Diamond Corp - LUC:SAX - LUC:TSX More of the Large and Exceptional Stuff... 21/4 GMT 23.08 World - Soviet/Russia - The Annexation of Ukraine It´s just a matter of days... 16/4 GMT 00.53 Lucara Diamond Corp - LUC:SAX - LUC:TSX This site simply reiterates it´s target of $3 by the end of H1-Q2.. And can live with a cumulative dividend of between $0.05 and $0.08 during H1. 1/4 GMT 04.54 China - Power Output - 2014 Still no official statistics from China as far as Power Output are concerned... PMI, CPI, GDP and all of the rest of the indicators tell this site only part of the story until the Total Power Output numbers are published... It´s just that these numbers have been the most reliant as to where China is heading.. 1/4 GMT 04.03 Central Banks - Australia RBA I know that most analysts belive 2.5% is a fair Cash Rate yet it is not!!!... You can not sit in your Ivory Tower and belive that everyone else is wrong... Not unlike the Swedish Riksbank who also seems to live on another planet. Chasing an imaginary Property Bubble??? None of your business!! As an Island Continent it´s easy to belive you are impervious to what happens in the rest of the world, yet you still have to sell your produce "out of country"... And forget what housing costs.. You know land well they aint making anymore of it.. ofcourse it will increase! Frankly China should scare the Shit out of the RBA!!!! "I do hope there is intelligent life out in space because there is bugger all down here".... 1/4 GMT 02.33 Lucara Diamond Corp - LUC:SAX - LUC:TSX Based on all parameters this site is more than comfortable in setting an end of Q2, half year target of $3.00... 1/4 GMT 00.38 EnQuest PLC - ENQ:SAX - ENQ:LSE What a great buying opportunity... The whole Oil Sector is on "Semi-Hold".. In this ENQ is one of the companies that can weather the situation. 31/3 GMT 00.21 Africa Oil Corp - AOI:V - AOI:SAX - Bloomberg Africa Energy Report Not that much new yet the program about East African Oil does have AOI´s Alex Budden as a guest... The salient points are however security and infrastructure.. I wrote long ago that AOI is "LUPE South" and that is more and more an opinion held by many! The Africa Energy Report – East Africa Oil and Gas 25/3 GMT 23.08 World - Soviet/Russia The problem is that the West does not understand what Putin is doing, in this I have studied many analysts, advisors, thinkers etc´s views on this and today we read in the New York Times... "President Obama said the U.S. and other world powers rejected Russia’s annexation of Crimea"... To the Russians and this is not only the policy of the Kreml but also the man on the Streets view, Russia is not expanding it´s borders it is just simply repatriating that which was lost at the fall of the Soviet Union... Russia wants to be a global power again and in this it is not only the older generations who hold this belife but rather the 20 to 30 year olds... Make no mistake this is WW3 stuff. Hitler started with The Sudetenland! Case in point, U.S. President Barack Obama on Tuesday called Russia a "regional power" and said it had become involved in Ukraine out of weakness, not strength. "Russia is a regional power that is threatening some of its immediate neighbors, not out of strength but out of weakness," Obama said after a nuclear security summit in the Netherlands. "We (the U.S.) have considerable influence on our neighbors. We generally don't need to invade them in order to have a strong cooperative relationship with them," he said. He added that Russia is not the number one U.S. national security threat and that he is more concerned about the possibility of a nuclear weapon going off in Manhattan. Read your history.... 17/3 GMT 23.12 Airliner - MH 370 - Just a thought Expand your thinking... Terrorists do it all day every day, thats just their day....... 16/3 GMT 19.05 Lucara Diamond Corp - LUC:SAX - LUC:TSX Risky business trading in what more or less has become a Vacuum... Never a smart thing to do.. Again there is nothing out there to suggest $2.50 is unattainable given what is being harvested.. 10/3 GMT 14.24 China - Power Output Output in November 2013 was 439.2 kWh.. yet as always when it comes to China don´t belive the numbers.. Statistics for 2014 are still being colated but the signals being sent out is that they just don´t trim with the rest of the 2014 expectations, like GDP Growth of 7.5%... In real terms growth today is closer to 6%, and in this anything below 5% is Recession... 10/3 GMT 11.32 World - Soviet/Russia - The Future The Crimean Pennisula will "vote" to become part of Russia.. This is already a done deal with the west! The rest of the Ukraine will eventually split into to two entities East and West.. So where for next for Putin? The Baltic States are the Prize and Russians living in them can today become Russian Citizens without a second thought... Imagine a Soviet/Russian border on the Baltic Sea, it´s a long held dream for all Russians... But the Baltic States are part of Nato, zero relevance as Germany, France, the UK will drop these three states like a rock when Putin puts on the pressure, and he has many pressure points like Nordstream, Russian investement in London, Berlin, Paris, et etc... The most sad point in all of this is how little people today know their History.. All I can say is Putin would never have tried this with a Ronald Reagan in the White House. And if you belive that you really Do Need to Read History.... 5/3 GMT 21.26 World - Soviet/Russia - Crimea - Gas Most of Ukraines Shale Gas is to be found in the Crimean Peninsula. The abundance of the Resource would essentlially make Ukraine a net-exporter of Gas.. 5/3 GMT 19.13 Lundin Petroleum LUPE:SAX - LUP:TSX - Sell Russia Finally.. Divesting the Russian assets should have been done when Putin turned all Natural Resources into a matter of National Security.. 5/3 GMT 18.00 Lucara Diamond Corp - LUC:SAX - LUC:TSX More Colour, more Quality.. 2/3 GMT 13.37 World - Soviet/Russia You just have to laugh.. "John Kerry, The US Secretary of State, has strongly criticised Russia and warned it risks losing it's place as a member of the G8." The "new" Soviet/Russia being reconstructed by Tzar Vlad Putin has been classic Soviet/Russian strategy for the last 500 years... 28/2 GMT 08.05 World - Soviet/Russia Kaliningrad is a Soviet/Russian enclave on the Baltic coast betweet Latvia and Poland.. The Crimean Penninsula is about to become another enclave much like Abkhazia. The cost is that Soviet/Russia lets the Ukraine go European if it wishes... 25/2 GMT 09.52 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Target * Lucara Diamond : BMO raises to outperform from market perform * Lucara Diamond : BMO raises target to C$2 from C$1.70 24/2 GMT 13.04 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Dividend Given the criteria for a dividend based on auctions results this site removes it´s earlier negative view of a dividend at this time in the companies development. It should also be very clear that the 2014 outlook is conservative in the extreme. Also the basis for this sites current target price level is the fact that the company is continually finding stones of higher and higher quality.. The size of the diamonds will also quickly increase with the new infrastructure being put inplace. 20/2 GMT 22.37 Lucara Diamond Corp - LUC:SAX - LUC:TSX - 2013 Year End Results Just peruse the numbers, it´s all there "in the numbers"... 2013 Year End Presentation 11/2 GMT 02.44 Latvian Forest Company - LATF:XSAT - Cash Flow Another piece of foundation is about to be added to the construction of a major Latvian landowner.. And Cash Flow..... 11/2 GMT 02.27 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX - Atrush The problem is again as I have pointed out political.. Unfortunatly. 27/8 GMT 11.48 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX - Atrush So the assumptions made by the company are correct and Atrush is a singel large structure of oil bearing stratas.. Now the group only has to communicate this to the marketplace... 10/2 GMT 21.38 Lucara Diamond Corp - LUC:SAX - LUC:TSX This site reiterates it´s target level of $2.50 by the end of Q1.. Good things in the offering.. 9/2 GMT 23.57 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Profile - William Lamb Rapaport Interview 4/2 GMT 23.44 Lundin Petroleum LUPE:SAX - LUP:TSX Heading for the 90´s I am afraid.. Yet this is the "Lundin Oil - Lundin Petroleum Dip".. A huge buying opportunity ofcourse as this company is, like most resource companies very undervalued! 3/2 GMT 19.01 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Technical Report Technical Report Very Conservative.... 3/2 GMT 15.45 Lucara Diamond Corp - LUC:SAX - LUC:TSX I am afraid far to many have read to much into the the very, very conservative outlook for 2014 presented by the Company, this then to the point of Pessimism. Classic Lundin Sphere tactics and rightly so but in this instance taken too far.. 27/1 GMT 00.14 Lucara Diamond Corp - LUC:SAX - LUC:TSX Very, very risky business day-trading this stock.. 26/1 GMT 00.40 Australia Day Have a Great One!!!! 22/1 GMT 00.53 Greenland So much space so few investors.. Rare earths, oil and gas etc... 21/1 GMT 14.28 Latvian Forest Company - LATF:XSAT - Letter of Intent The intention to increase the size of the companies land acerage is on the verge of being completed. This site belives enough outside financing has been acquired to minimize the chance of a future share emission. Interestingly this deal has generated interest from other land owners to offer further acerage to the company... 13/1 GMT 13.07 Lucara Diamond Corp - LUC:SAX - LUC:TSX - 2014 Outlook The salient points are simply that the company has raised it´s conservative level as far as projected earnings and carat sales are concerned. Operatings cost tend to fluctuate during the life of a mine, and they are not in anyway excessive.. The company should and is counting on way more finds of large and exceptional stones going forward and in that game all it takes is one very rare find to change the mathematics overnight. 8/1 GMT 13.36 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Dividend There is speculation that the company will pay out a dividend during Q1 based on the profits from 2013.. This site is Totally Opposed to this!!!! The company can better use the proceeds to grow the business organically... We will use our considerable stake in the company to make them rethink this strategy!! Also, "Through 2014, we do have a capital program, but when we get to the end of 2014, based on our cash reserves, we’ll look to implement a dividend." - William Lamb, 4/12/13 7/1 GMT 08.20 Latvian Forest Company - LATF:XSAT - Recommendation I did write 5/1 GMT 07.17 Latvian Forest Company - LATF:XSAT - Recommendation This site has a Buy Rating on this stock with an end of Q1 - 2014 initial target level of 10 SEK.. This recommendation has now been raised to 15 SEK - with a Recommendation Strong Buy! 7/1 GMT 08.16 Lucara Diamond Corp - LUC:SAX - LUC:TSX More rare and exceptional stones are being found... 5/1 GMT 07.17 Latvian Forest Company - LATF:XSAT - Recommendation This site has a Buy Rating on this stock with an end of Q1 - 2014 initial target level of 10 SEK.. 22/12 GMT 02.19 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Strong Buy Rating This site raises it's target level for the stock at the end of Q1, 2014 to $2.50 from $2.00, with a recommendation - A Strong Buy. 22/12 GMT 02.17 Latvian Forest Company - LATF:XSAT I did write, 28/10 GMT 10.29 Latvian Forest Company - LATF:XSAT Very interesting things are afoot.... 3/12 GMT 02.51 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Jewel Grade Given the price obtained for Raw Diamonds in the Special Auctions the Jewel Grade of diamonds mined at Karowe are set to class in the FL/IF, VVS1, VVS2 range as far as Clarity is concerned and in the D-F Grade for Colour ie Rare to Very Rare.. Jewels cut from the raw stones are about to hit the marketplace and this site belives this has already happened, this will in turn be one of the drivers of the Market Value of the Company. In the High Grade Gemstone sector the final Benchmark is after all the retail value of the resources produced.. 25/11 GMT 21.47 Latvian Forest Company - LATF:XSAT - Recommendation This site has a Buy Rating on this stock with an initial target level of 10 SEK.. 10/11 GMT 17.55 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Q3 Report Not much to say.. 5/11 GMT 02.29 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Just a Reminder I would just like to reiterate, 3/9 GMT 09.05 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Full Year Revenue I did write, 9/8 GMT 21.05 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Q2 Report - A Comment The company is going to have to revise it´s year end revenue numbers again.. $140-160 million is probably more in the ballpark. With three more Auctions before the end of the year, including special stones the target level should be reached with ease.. Especially as the company already has a very interesting amount of exceptional diamonds in hand.. 9/9 GMT 03.11 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Recommendation Considering all the Facts and Fundamentals this site has a 6 month target level of $2. The recommendation is Buy/Accumulate. 31/10 GMT 14.08 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Coming Auctions Q4 Large & Exclusive Stone Tender: - Viewing Botswana: 6-8 November - Viewing Antwerp: 15-25 November - Closing on 25 November 16:00 CET Auction Catalogue Mixed Goods Tender: - Viewing Botswana: 2-3 December - Viewing Antwerp: 6-13 December, - Closing on 13 December 16:00 CET 28/10 GMT 23.33 Africa Oil Corp - AOI:V - AOI:SAX - Listing Upgrade I wrote, 2/10 GMT 03.27 Africa Oil Corp - AOI:V - AOI:SAX You have to understand the concept that this is turning out to be "Lundin Petroleum South".. As to any short term "on the ground nonsense", the company is well equipped to - solve problems... The Lundins would not take this company to the Big Board without a very well devised plan. 28/10 GMT 10.29 Latvian Forest Company - LATF:XSAT Very interesting things are afoot.... 23/10 GMT 00.39 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Auction 18-28/10 Lot´s of interest, lot´s of nice lots... 16/10 GMT 20.52 Africa Oil Corp - AOI:V - AOI:SAX - Private Placement Exploring for oil costs money!!.. Now the company has secured a financial future in a far better way than sharing huge potential reserves with more partners.. A private placement keeps things inhouse of you will.. This site increased it´s holdings. 14/10 GMT 04.05 Lundin Petroleum LUPE:SAX - LUP:TSX I tend to forget this stock simply because its a "No Brainer" among the oilers.. And it has been so for a long time. The amount of Reserves this company is going to unveil going forward are nothing short of Astounding.. 11/10 GMT 13.05 Latvian Forest Company - LATF:XSAT - Going Private I have touched on this concept earlier and this site belives the criteria for the company to Go Private are increasing, rapidly.. In fact I would never had taken this gem public in the first place! 8/10 GMT 21.23 Lundin Petroleum LUPE:SAX - LUP:TSX - Barents Sea Interesting article on Bloomberg... Norway may see a series of Arctic oil finds after a well produced crude from a previously unproductive layer of rock, explorer Lundin Petroleum AB (LUPE) said. The Gohta discovery in the Barents Sea announced by Lundin last month was Norway’s first in Permian rocks, formed more than 250 million years ago, the company’s Norway head Torstein Sanness said in an interview. Holding as much as 145 million barrels of oil, Gohta opens as many as 10 possible drilling targets in the surrounding area, he said. Arctic Oil Discovery Heralds More Finds in Norway’s Barents 8/10 GMT 00.12 Lucara Diamond Corp - LUC:SAX - LUC:TSX The company just keeps finding those nice special stones... 2/10 GMT 03.27 Africa Oil Corp - AOI:V - AOI:SAX You have to understand the concept that this is turning out to be "Lundin Petroleum South".. 22/9 GMT 16.03 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Auction This site estimates sales of $22 to $25 million for the 80.000 carats on sale at the auction 24/9.. The 45 single stone lots, are here the key. 9/9 GMT 03.11 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Recommendation Considering all the Facts and Fundamentals this site has a 6 month target level of $2. The recommendation is Buy/Accumulate. 3/9 GMT 09.05 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Full Year Revenue I did write, 9/8 GMT 21.05 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Q2 Report - A Comment The company is going to have to revise it´s year end revenue numbers again.. $140-160 million is probably more in the ballpark. With three more Auctions before the end of the year, including special stones the target level should be reached with ease.. Especially as the company already has a very interesting amount of exceptional diamonds in hand.. 27/8 GMT 11.48 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX - Atrush So the assumptions made by the company are correct and Atrush is a singel large structure of oil bearing stratas.. Now the group only has to communicate this to the marketplace... 21/8 GMT 12.50 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX - Atrush In light of further delays regarding information please note, 16/7 GMT 09.29 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX - Atrush Please note what I wrote earlier.. "Lots of politics in this play, lots".... Conversely there are no politics in negative results.. 9/8 GMT 21.05 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Q2 Report - A Comment The company is going to have to revise it´s year end revenue numbers again.. $140-160 million is probably more in the ballpark. A good stable Growth report. With the ever present Twist.. Q2 Report I would remind everyone about what the company said in it´s Revised Operating Performance Outlook for 2013.. Published 27/5, "The additional cash flows from the large stone tenders will result in the strengthening of the Company's balance sheet as it expects to reduce its debt by meeting all of its debenture repayment obligations of $33.3 million by the end of the year." 2/8 GMT 07.48 World - Markets It seems as though everyone has forgotten about the Debt Crisis in Europe and the "manufactured" GDP growth in China when everything points to a massive contraction.. This Bull Run is built on a very shaky foundation, but hey it´s only Money!.. 31/7 GMT 05.32 Africa Oil Corp - AOI:V - AOI:SAX I wrote, 9/7 GMT 03.52 Africa Oil Corp - AOI:V - AOI:SAX Risky business selling this stock given what is coming up... Yet there is a row to hoe before this is commercial.. The result however is Given!! 31/7 GMT 02.07 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Karowe Diamond Mine Phrases like "Above expectations" and "Beyond projected earnings" etc are going to be the companies vernacular during the second half of 2013. A third Special Auction will surely be needed especially as the company is finding high quality diamonds without really treading "new" ground... More coloureds on the way. 16/7 GMT 09.29 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX - Atrush Please note what I wrote earlier.. "Lots of politics in this play, lots".... Enough said. Lukas said it.. "This is a $1 stock"... 9/7 GMT 23.12 EU - Italy in Dire Straits S&P lowers the credit rating to BBB just above junk. Good luck on bailing this one out.. Yet another reason to question the market.. This site is keeping it´s share holdings very tight.. Anything else would simply just be irresponsible. 9/7 GMT 15.02 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX - Atrush Hmmm... Very Good News... Lots of politics in this play, lots.... 9/7 GMT 04.14 China Chinas economy is contracting far more than officially stated... Remember GDP growth below 5% is basically a Recession. 9/7 GMT 03.52 Africa Oil Corp - AOI:V - AOI:SAX Risky business selling this stock given what is coming up... Very low trade volumes post last weeks report should give some form of a Heads Up.... 8/7 GMT 00.41 Africa Oil Corp - AOI:V - AOI:SAX - East African Oil A large piece of the Puzzel that is East African Oil was laid by Africa Oil last week, as to the market reaction - ""Who cares".. This site has invested in this company on and off since 1984 when it was called "Canmex Minerals" and I´ve seen this, that and and pretty much everything along the way. Now however the Company is only just beginning to highlight something that really is no great secret ie that East Africa along the Great Rift Valley is the next region for Major Oil Discoveries. 30/6 GMT 19.36 Greywolf.Se This site was launched on 1/7/95 ie 18 years ago.. You will also find my posts on the Silicon Investor So many years.... 30/6 GMT 19.24 Q2 Any trade at the end of a Quarter or Quarter/Halfyear should be viewed with that in mind.. There is a a lot of "Cleaning House" this time of year, always a good trade. 30/6 GMT 18.51 Summer Holiday While the "Pros" are in the Hamptons, Biarritz or Monaco the money is to be made in the Summer Heat. Low volumes and the B-team at most trading desks, it´s a Duck Hunt with Static Ducks.. Love it!!!! But then Wolfs are Smart! Why run after Prey, when you can walk Casualy to the Feast.!?! 28/6 GMT 02.49 Gold As I wrote, 16/4 GMT 03.26 Gold At $800 Gold will again look like a possible investment, anything above that level is just wrong. That analysis is still very much pertinent... 28/6 GMT 01.57 News.. Updated Shamaran - Good News Lucara - Good News Africa Oil - Very good news Simply leave any of these three and you will be disconsolate, very much so... 22/6 GMT 20.13 World - USA - The Fed Ben Bernanke just can´t shut up!! All the information he needed to convey to the market was completed within the first five minutes, but then the man just can´t stop talking and the more he talks the more confussed the markets get. In this you have to treat the market like it´s populated with nine year olds with their attention span ie very short... Thanks Ben for the buying opportunity!! 13/6 GMT 06.36 World - Markets Japan A sugar rush only lasts so long... 13/6 GMT 01.29 News.. Shamaran - News Lucara - Good News Africa Oil - Very good news 10/6 GMT 12.56 Latvian Forest Company - LATF:XSAT I wrote, 29/4 GMT 03.14 Latvian Forest Company - LATF:XSAT The company is trading at about 45% of NAV.. I would not be surprised if the founders or other parties put a bid in and took this company private. Why be a publicly traded entity when there are lot´s of investors lining up to buy into the concept!? With a huge influx of Russian money into Latvia the cost of Real Estate is increasing much due to the fact that an investement in the country of €70.000 also gives gives you a Resident Visa, which in turn opens up free travel, investment etc within the whole EU zone... Again there are large Funds that are heading for investment in the Company... A fair bid for company today would be in the 12-15 SEK range. 9/6 GMT 16.18 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Karowe Diamond Mine Diamond Mine "Techno" Video Smooth clean operation.. Just a bit of Diamond Mining "porn".. *G* 3/6 GMT 15.36 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Gold Rout Prompts Shift to Diamond Miners Neil Gregson, manager of JPMorgan's Natural Resource Fund said diamond mining stocks had managed to escape the "whipsaw" of gold equities and some exciting things were happening in the sector. Gregson has added to his position in South African firm Lucara Diamond Corp. and Canadian miners Mountain Province and Dominion. CNBC Article 27/5 GMT 21.05 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Revised Operating Performance Outlook for 2013 The salient points, Karowe Mine is projected to process 2.5 million tonnes and the Company is forecasting diamond sales of 420,000 carats in 2013, an increase of 5% from previous guidance. The Company is forecasting revenues of around $118 million. Five sales are planned for the remainder of the year, excluding the potential for a second large stone tender with viewings in both Gaborone and Antwerp. Karowe's operating cash costs are expected to be in the order of $23 per tonne treated, in-line with previous guidance. Waste will be stripped to access ore in the Centre and South Lobes during the final half of the year, which will provide access to deeper ore benches in the North Lobe. The scheduled strip ratio for the year is 2.2 which is in line with previous expectations. Capital expenditures for 2013 are expected to be approximately $5m, an increase from previous guidance of $3m, which is to fund advanced work on the Company's tailings dam and securing the Company's water resources through the installation of additional boreholes. This however is the point that really say´s it all about the performance of the company.. "The additional cash flows from the large stone tender will result in the strengthening of the Company's balance sheet as it expects to reduce its debt by meeting all of its debenture repayment obligations of $33.3 million by the end of the year." That is a bold statement unless you have the cash-flow to back it up with... And they do! 22/5 GMT 21.35 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Auction Large & Exceptional Stones 15 stones sold for gross revenues of $24.85 million - $30,468 per carat. Less than I expected but I was pushing the limits.. The important result of this auction is that LUC definitely is on the map and with more Large & Exceptional Stones on the way few "new" resource producers could hardly ask for a better start. Remember that the mine has not even been producing for one year yet. In this the projected revenue for 2013 will be attained before the end of Q2.. 16/5 GMT 23.01 Lucara Diamond Corp - LUC:SAX - LUC:TSX The company has only given the market a "HUGE" Hint as to where the Special Auction is heading.. 14/5 GMT 10.36 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX 14/5 GMT 10.36 Africa Oil Corp - AOI:V - AOI:SAX A consolidation of the two companies this site belives is definetly a possibilty... 9/5 GMT 12.56 Africa Oil Corp - AOI:V - AOI:SAX - Ethiopia - Kenya Huge traction for a major shift up, in the value of the company... 7/5 GMT 13.48 Africa Oil Corp - AOI:V - AOI:SAX - Ethiopia - Sabisa-1 Further delays in the reporting of results.. It ain´t because the well is dry that´s for sure... 7/5 GMT 01.43 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX Hmmm.. just listen to the man at the top. 7/5 GMT 01.38 EU - The Euro The Euro is Dead it just doesn't know it yet!... 2/5 GMT 22.02 Lucara Diamond Corp - LUC:SAX - LUC:TSX Colour is very much in the eye of the beholder.. 1/5 GMT 03.42 China - April PMI Another piece of the crumbling package... 1/5 GMT 00.26 World - The Markets The incompetence of Bankers, Central or not and Politicians is about to reach the scary realm of The Perfect Storm.. The Big Fall is out there.... Keep your Cash Dry! 1/5 GMT 00.02 Lundin Petroleum LUPE:SAX - LUP:TSX - 16/4-6S Luno II This site expects very good news from the test results.. 29/4 GMT 03.14 Latvian Forest Company - LATF:XSAT The company is trading at about 45% of NAV.. I would not be surprised if the founders or other parties put a bid in and took this company private. Why be a publicly traded entity when there are lot´s of investors lining up to buy into the concept!? 27/4 GMT 01.05 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Just a thought The simple trick to lucrative investing is to do one thing very well. In this one simple thing you can do well is to invest in the Lundin Group of companies and doing so has been very, very profitable.. Sands Petroleum, IPC, Argentina Gold, Tenke Mining, Tanganyika Oil, Lundin Oil now Lundin Petroleum were all stocks that languished in the doldrums for a long time.. The rest as they say is history. Lucara Diamond... Either you see "it" or you don´t! It´s very, very simple... 26/4 GMT 10.56 Cellpoint Connect - CPNT:XSAT There might be redemption for this company after all.. Trig.com is actually a good site and was so even before CPNT got involved with it. 26/4 GMT 10.23 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Auction Large & Exceptional Stones The 15 Large & Exceptional Stones on offer at the upcoming Auction total 815,58 carats.. This site guesstimates a total value of these stones to be somewhere in the $30 to $40 million range.. 25/4 GMT 01.34 Lucara Diamond Corp - LUC:SAX - LUC:TSX I wrote, 19/4 GMT 02.42 Lucara Diamond Corp - LUC:SAX - LUC:TSX It's quiet out there, too quiet perhaps... But not for too much longer... *G* 16/4 GMT 03.26 Gold At $800 Gold will again look like a possible investment, anything above that level is just wrong. A price below $1200 will hurt a lot of gold producers but then the market need´s to be cleaned up to correct for the inflated price.. Such is the commodity sector. Plus the fact there is no inflation on a global scale and the lack of economic growth is rampant in large part due to moronic politicians especially in Europe... 16/4 GMT 01.20 China - Power Output Chinas power output in March stands at 4.194 TWh. That´s way below December 2012 at 4.940 TWh.. February of this year alone saw a drop of -13.4%.... 15/4 GMT 21.55 Lucara Diamond Corp - LUC:SAX - LUC:TSX Interesting Day! Yet a day when Gold falls -10%, Silver -13%, WTI -3% etc there are a lot of trading strategies that go out the window so LUC -10% (-14%) should be seen in that light.. A great buying opportunity in Canada due to the high volume.... *G* Yet 4 million shares is but 1% of the outstanding shares, So don´t lose your heads over today´s trade... Diamond ETF´s 15/4 GMT 21.51 China - GDP I doubt the numbers are correct, 7.7% is more likely closer to 7%.. I have warned about this before.. China is not doing as well as far too many believe. 4/4 GMT 01.52 Oil - The Market It´s very simple there is just too much Oil in the World, well not too much in Total but rather right now. Evenso there is much more Oil on this planet than most think, way more.. The US has ample supplies and I belive this in part is due to security concerns, but it´s also spring and a lot of refiners are in their maintenance period. The greatest reason is however global growth and the serious lack of it..... 4/4 GMT 01.26 World - The Markets The markets have no connection with the Real World.. We are in for a Big Fall!! It will come suddenly and out of the Blue.. Why? Because Markets Never Forget - But People Do!! North Korea.. "Am I thinking about sitting with short term positions over the Weekend? No Way!" 2/4 GMT 00.04 China - Power Output No stats yet for 2013... Cooking the numbers takes some time. Anything out of China is Fabricated. 28/3 GMT 03.12 EU - Stealing Assets I can only reiterate move your bankholdings out of the EU zone!!! Confiscation of assets is set to be an EU norm. 26/3 GMT 12.07 EU - Cyprus The madness runs on..... Morons!! The very thought of confiscating 40% from bank accounts is disgusting!! The only people who should lose out on their investment are the banks shareholders.. Very simple. It´s effective self regulation if the only people to take a hit are the shareholders. Savings are in this guaranteed by the Government but the rest falls right in the lap of bank investors.. This will change banks attitude and hopefully weedout the most egregious incompetence known to mankind, "smart" bankers... Also it will make the Government accountable for your money, there´s a thought... During the Roman Empire banks were run by Slaves... 22/3 GMT 14.49 Lucara Diamond Corp - LUC:SAX - LUC:TSX - BNN Interview An Expensive Find 03-22-13 11:30 AM 22/3 GMT 04.57 Cyprus Leave the EU and the Euro!! Stay a Tax "Friendly Place"!! Or keep taking orders from Berlin.... 22/3 GMT 04.44 Lundin Petroleum LUPE:SAX - LUP:TSX - Just a Thought Comparing Apples to Apples if you so will, Presentation 2013 22/3 GMT 04.37 Latvian Forest Company - LATF:XSAT A Strong Buy!! 22/3 GMT 01.52 Lucara Diamond Corp - LUC:SAX - LUC:TSX - 2012 Year End Report Again as stated earlier, "This is just the beginning folks, just the beginning".... 2012 Year End Report 20/3 GMT 01.05 EU - Cyprus So Russia to the rescue!?... What a mess Europe is!!! The Crisis Rolls on.... 20/3 GMT 00.19 EnQuest PLC - ENQ:SAX - ENQ:LSE It´s not sexy but Hey the stock just keeps trucking on... 19/3 GMT 21.35 Lucara Diamond Corp - LUC:SAX - LUC:TSX The market value of the three latest diamonds in rough form would by the information this site has obtained be in the conservative $13 to $15 Million range. This then would represent about 50% of the companies projected total earnings for 2013!! I suspect the diamonds would be shown at the 13/5 Auction, ofcourse depending on the market situation. Any which way it´s money in the Bank! Also, and not to put too fine a point on it, Lucara is fast becoming a Diamond Producer of Note! 19/3 GMT 01.49 China - Power Output The latest stats are from December 2012 with a Power Output of 4.940 TWh. Yet for 2012 Power Output only increased by 4.52%... Down from 11.7% in 2011. Again stats from China have to be viewed with a lot of sceptisism. Especially the GDP numbers, they just simply don´t add upp... 19/3 GMT 01.33 Lucara Diamond Corp - LUC:SAX - LUC:TSX I did write, 15/2 GMT 01.33 Lucara Diamond Corp - LUC:SAX - LUC:TSX More blues... I was wrong about the colour and for this I apologize. Yet.... 19/3 GMT 01.23 EU - Stealing Assets I naturally assume that readers of this site have moved all their funds out of Europe, years ago... 18/3 GMT 13.01 Lucara Diamond Corp - LUC:SAX - LUC:TSX This is just the beginning folks, just the beginning.... 18/3 GMT 11.24 EU - Cyprus Very Dangerous to open Pandoras Box... But that´s the EU a Moronic Concept from the very start... The sad fact is that Cyprus would not have found itself in this crisis if it had stayed well away from the EU and the Euro... 10/3 GMT 17.55 Lucara Diamond Corp - LUC:SAX - LUC:TSX "There are about 20 producers of Rough Diamonds worldwide".... Diamonds Are an Investor's Best Friend 7/3 GMT 03.39 Oil - Venezuela About 85% of Venezuelas oil production is sold to the US and Citgo the Venezuelan oil company has many large refineries and about 1500 petrol stations in the US.. All of Venezuelas income basically comes from the US and as always the one with the cold hard cash rules.. 25/2 GMT 21.36 Guideline Technology - GODT:NGM It´s about time... 19/2 GMT 21.33 Cellpoint Connect - CPNT:XSAT A company covered by this site since 2009, unfortunatly.. I would warn against making too much of todays rocket like rise. As long as the single largest shareholder of the company still has something to do with I won´t put too much credence into the sudden ascent. 15/2 GMT 01.33 Lucara Diamond Corp - LUC:SAX - LUC:TSX More blues... 11/2 GMT 13.49 EnQuest PLC - ENQ:SAX - ENQ:LSE - Bond Issue £145,000,000 5.5%. Bonds due 2022.. Issue date 15/2 2013.. Final Terms 11/2 GMT 13.15 Lundin Petroleum LUPE:SAX - LUP:TSX - Johan Sverdrup The resource estimate of 0.8 - 1.8 MMboe is only for PL501... PL265 is not included in these numbers. I think the market belives that the resource estimates are for the whole Johan Sverdrup complex.. Also I belive the estimate is very conservative given that Statoil did not want to release any numbers until Q4... 10/2 GMT 03.33 EnQuest PLC - ENQ:SAX - ENQ:LSE A company simply doing the right things.. 8/2 GMT 14.19 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Auction This site expects the price paid per carat during the Auction to be held Monday 11/2 to be higher than previous auctions. I also expect the company to inform the market of the result of the sale before the Quarterly Report due 21/3.. In fact too not do so is just simply at this juncture not favourable to the company. The marketplace expects the publishing of the result as the date and times of the sale have been advertised on the company website! 8/2 GMT 14.17 Latvian Forest Company - LATF:XSAT Harvesting carried out during January 2013 has resulted in a net income of approximately 140,000 Eur (1,2 MSEK) after costs. In total, 5,200 cubic meters have been harvested. This corresponds to a large portion of the volumes planned for 2013 in order to cover costs in operations. 1/2 GMT 04.04 Lucara Diamond Corp - LUC:SAX - LUC:TSX - 2012 Production Update The salien points, Karowe mine: The mine treated 1.4 million tonnes, 9 per cent above forecast, in 2012. The ramp-up to full production capacity, which commenced in April, was achieved by August. The mine produced 303,060 carats of diamond, 12 per cent above the forecast of 271,000 carats. There were five sales of Karowe goods in 2012 generating a total of $54-million in revenue. Diamond production included an exceptional 9.46-carat blue diamond which sold for $4.5-million ($447,272 per carat). Other smaller blue diamonds have subsequently been recovered, including a 4.77-carat diamond which will be sold in 2013. The excellent safety record was continued through the year. At Karowe there were no lost-time injuries or reportable environmental incidents. There have been over 2.8 million hours worked without any lost-time injuries since March, 2011, including 1.6 million hours since the beginning of 2012. Very positive numbers all around and the fact that the company is sitting on a substantial find of rare blue diamonds in Karowe just makes the whole thing better than would have been expected from a prospector.. As far as Mothae is concerned well the Strategy is correct and even better so are the Tactics.. Why waste money on a more expensive development in todays environment? 28/1 GMT 10.41 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX Also it might be added that it´s not a bad idea to divest your interests from a region with huge political and ethnical problems, that frankly many thought by now would have been further down the path to being somewhat resolved.. No matter how big the potential reserves might be. A comparison of sorts can be made to Tanganyika Oil... Simply put the company has long since realized the risk of relying entirely on one region.. In this a typical Lundin strategy. Again TAQA is the perfect partner in Kurdistan. 22/1 GMT 06.01 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX TAQA as operator of Atrush, frees up SNM to persue other projects in Africa and the Middle East and in this Abu Dhabi National Energy is a partner that opens many doors.. Ie those that the Lundins don´t already know how to open.... 22/1 GMT 05.05 Latvian Forest Company - LATF:XSAT The company hopes to fell somewhere in the region of 5000 cubic meters of timber during the winter season. This then very much dependent on the amount of frost in the ground, in this the cold weather is advantages.. 17/1 GMT 21.35 Latvian Forest Company - LATF:XSAT 2013-01-16 Latvian Forest Company AB has completed the first sale of a property since operations were started in 2009. The sale of 21,2 hectares has resulted in a profit of 115 TSEK (13.3 TEur) equivalent to a return of 160%. The property was purchased in August 2010 for 73 TSEK (8.5 TEur) as part of a package of properties. The sold property mainly consists of agricultural land and the transaction doesn't affect the total standing volume. The proceeds from the sale will be accounted during the year 2012. Total property holdings after the sale are 2,010 hectares. 1,377 of these are forest, 514 agricultural land and 119 other land. The total estimated standing volume after the sale is approximately 143,000 cubic meters and the number of individual properties 112. Stay tuned!! 17/1 GMT 21.34 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX As stated before a Good Buy on the recoil.. You have to have some faith. That´s all.. In this the true value of having TAQA as a partner will soon start to reveal itself. 10/1 GMT 01.29 Latvian Forest Company - LATF:XSAT As I have stated before, I like this company, a lot. 9/1 GMT 14.34 Lundin Petroleum LUPE:SAX - LUP:TSX - Johan Sverdrup I belive the amount of Recoverable Oil is closer to 3.5 MMbo, this then far more than Statoils current estimate of a maximum of 1.7 MMbo... In this I have greater faith in Lundin´s projections. As to when during the year the numbers are released to the marketplace is of less importance.. 1/1 GMT 04.23 Lucara Diamond Corp - LUC:SAX - LUC:TSX Blue Diamonds... I´ll say no more.... Next auction.. Lucara Diamond Corp. (Karowe mine): Viewing 4-8 February 2013. Tender 11 February 2013, ending 16.00 CET. The Chinese New Year, this year 10/2 is a price driver.. 1/1 GMT 04.13 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX A better than good Buy on the recoil.. 1/1 GMT 04.07 Nokia - NOK:NYSE 147 years.... This company ain´t going down or giving up. The followers of Apple, etc look more like members of a Sect... I am simply putting more of my money into Finland! Sisu 1/1 GMT 03.55 The Market - USA Fiscal Cliff Any Rally will be shortlived... The Infants in the US Government, President, Senate and the Congress have only bought already borrowed time! I am so sick of politicians......