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GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

Mutek provides an essential platform for 150 performers to showcase forward-thinking electronic music programming and new media to more than 25,000 attendees
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CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Message: Where We Are in the Oil and Gas Cycle

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Jjay

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Where We Are in the Oil and Gas Cycle

posted on Jun 04, 08 11:30AM

Making a judgment call on where we are in the oil and gas cycle will help define what type of company to invest in. A junior energy company generally starts by using one

or more of three basic strategies:

• Buy a producing property in the trough of a commodity

cycle and hope for a recovery;

• Buy a producing property and exploit it better than the

previous owner; and

• Buy land and drill for it.

At these historically high oil and natural gas prices, a company has to have the technical ability to go and find a new supply. A company is referred to as “prospect rich” if

they are able to detail their drilling plans for at least the next 12-24 months. In other industries, increased scale is an advantage. However, an efficient small company is probably the best way to manage a smaller oil and gas property.