Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Copper Fox -- Ignore unavailable to you. Want to Upgrade?

To: Metacomet who wrote (9339)	3/25/2015 10:21:02 AM
From: Tap66	Respond to of 10654

Good. Let's hope it hurts. Maybe Teck will get up it's ass and do something about it. Perhaps CUU is starting to look more and more like a nice glass of Alka Seltzer.

To: Metacomet who wrote (9339)	3/25/2015 10:38:17 AM
From: mahzman2	1 Recommendation Recommended By Hog Head Read Replies (1) \| Respond to of 10654

Well to play devil's advocate here, just let the Saudis artificially manipulate the price of oil up 3X overnight and we will see how demanding these investors are. I would think Teck would be just as concerned that their biggest coal buyer is cutting back. Top Ten Carbon Emitters1. China: 9697 million tonnes (MT) or 28.6% 2. US: 5420 MT or 16.0% 3. India: 1967 MT or 5.8% 4. Russia: 1829 MT or 5.4% 5. Japan: 1243 MT or 3.7% 6. Germany: 810 MT 2.4% 7. South Korea: 609 MT or 1.7% 8. Canada: 555 MT or 1.6% 9. Indonesia: 490 MT or 1.4% 10. Saudi Arabia: 464 MT or 1.4% Yet the dumb dumbs who run my have not province want to introduce a carbon tax (ie cash grab) that will do nothing to reduce this "myth" of global warming and just jack up my gas prices even more. It is bad enough that the province's manufacturing over the last few decades has been destroyed by this "wonderful" concept of free trade. BS really makes the world go round and in the end the average person always takes it up the end. OK end of rant. Now back to regular scheduled programming. Anyone want to bet that anon dumping shares is really National? Why anyone is allowed to trade anonymously is beyond me. I forgot, BS makes the world go round and it is obvious that some people are much better than I at manipulating this to their advantage.

To: Metacomet who wrote (9339)	3/25/2015 1:32:46 PM
From: louel	1 Recommendation Recommended By Hog Head Read Replies (2) \| Respond to of 10654

Other than on the surface. When it is a choice between satisfying your share holders or, unlegislated environmentalist concerns. I can tell you profits come first. For energy, It will change when people stop driving cars, Refuse to travel by Air, Do not purchase goods delivered by truck or transported by rail with Diesel locomotives, and do not purchase food that was planted & harvested by machinery. The world military defense systems who's fighter jets and bombers don't move with out fuel are dismantled. Manufacturing plants, Factories and Smelters that produce Copper, Steel, Platinum and other commodities from raw resources. No longer use electricity or heat generated from fossil fuels. Because the world endorsed Nuclear power reactors or invents something as a replacement. And when investors can no longer make money from investing in oil companies. Plus they invent an honest politicians who cannot be bought off. 100 years ago, Upton Sinclair wrote this, "It's difficult to get a man to understand something if his salary depends upon his not understanding it." Al Gore repeated it in his 2006 " Inconvenient Truth " documentary. Until then its business as usual. Not much will change in your life time or mine. It will eventually. But it will take decades. One of my sons works at the Cenovus Energy Christina Lake project. (Google it) Even with the lower price of oil this 20 year project is still in full swing. More than 1000 personal on site. His wage is just under $500 daily. Plus board, room, paid air flights to & fro. and 1/2 day travel time paid to BC each 9 day shift. Oil prices will come back Not only Teck & Suncor who's production costs at Foothills after completion will be a low $28 to $30 per barrel are counting on it.