Tag Archives: costs

Low oil prices – great for China

China’s imported over 10 million barrels of oil daily in 2019 according to the Energy Information Administration.  Ten million barrels PER DAY, every day of the year or 3.65 BILLION barrels per year. So a $20 drop in WTI oil … Continue reading

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Mining Investment Mania in Toronto at PDAC

Many thousands of folks are attending the Prospectors and Developers annual convention in Toronto, where mining companies, exploration companies, services companies, investors and investment bankers gather to lie to one another.  I was floored by the massive attendance this year, no … Continue reading

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Avoid those potential torpedo stocks!

Another sector that’s quite “hot” at this time, and not likely on the radar screen of a ‘maverick investor’ is fertilizers.  The following comment on the earnings release of YAR International is an example of what I’ve been saying concerning … Continue reading

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