OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Ipso_facto, floridagold Re 20:37

Posted by Deadeye @ 23:16 on August 13, 2014  

I find little to argue with in Tyler’s article. All wells decline and shale oil fract. wells are the worse. There are hundreds of thousands of locations where shale oil wells can be made at several million cost for each one. In building up production there is a point that one can not drill new wells fast enough to replace the decline of your older ones. On the other hand some wells I drilled last almost forever. I have some wells that are producing about the same as they were in late 1950s. In Deadeye Chronicles, I still get a monthly check from the first well I described. Originally it paid me about $900 a month and this month’s check was still $527. But then some well only last a few years. I get some checks from shale oil wells that others drilled. I missed out on about 80 others due to the timing of leases that  expired. Unbelievable but I never drilled or promoted a horizontal well. A little late in my career when they became popular and sellable.  No real regrets as I simply did the best I could  – at times working 16 hr. days, 7 days a week and some holidays – a pure workaholic that I called “making hay while the sun shined” But the work was fun. I simply forgot all the bad stuff, mud, freezing rain and many disappoints in my fair share of dry holes. Today dryholes are almost unheard of – that would be fun too. Goodnight. Deadeye

sbr @ 21:26

Posted by ipso facto @ 21:35 on August 13, 2014  

Oh we’ve got the utmost respect for congress! Obama too!

Buygold

Posted by ipso facto @ 21:33 on August 13, 2014  

Iraq and ISIS are a tough call no matter who was president. It seems like we’re wading in …

There’s lots of love for the Kurds. The US and Britain have said they’d give support and now the Germans too.

Maliki doesn’t know when to throw in the towel.

Guys Gals

Posted by sbr @ 21:26 on August 13, 2014  

Look Congress and the President do not run this country.

It is run by 3 three letter agencies…the CIA, IRS and NSA.

All this nonsense you see day to day is theatre.  All three of those

agencies are so interconnnected with Treasury and Wall St. it

goes without saying they are all in this together.

 

Unless you believe that Congress has the intellectual level to write these bills?

Floridagold @ 20:37

Posted by ipso facto @ 20:41 on August 13, 2014  

I have a hunch that Deadeye has the true story. 🙂

Ipso

Posted by Floridagold @ 20:37 on August 13, 2014  

the only person I know in the oil business is Deadeye – so he probably knows what is true and what is BS if he has time to respond.

Ipso

Posted by Buygold @ 20:30 on August 13, 2014  

I am, I am!

If he would just leave us alone I’d be his biggest fan! Please just leave the country alone Mr. President. or just leave! 🙂

I don’t know what to think of shale oil and gas. There’s different stories going on.

Posted by ipso facto @ 20:28 on August 13, 2014  

20140813_shale

more http://www.zerohedge.com/news/2014-08-13/wall-streets-shale-fraud-exposed

Commander and Chief

Posted by commish @ 19:53 on August 13, 2014  

download (10)

Buygold

Posted by ipso facto @ 19:52 on August 13, 2014  

… and all this time I thought you were a fan! 😉

Ipso, Floridagold

Posted by Buygold @ 19:31 on August 13, 2014  

Obummer is PAID to golf. He doesn’t give a crap about this country. The puppet needs to golf, how else does he take his mind off of screwing the country?

He’s pathetic, trying to run a pathetic failing country, That’s what his masters want. Unbelievable.

Aspengold

Posted by Buygold @ 19:22 on August 13, 2014  

Nice day for Midway (MDW) thanks for the update! If we can get these metals going we could have some serious gains from some of these pm shares.

Yep

Posted by ipso facto @ 18:41 on August 13, 2014  

‘When people are dying, you must come back from vacation’: French foreign minister seems to slam Obama for golfing while Iraq burns

http://www.dailymail.co.uk/news/article-2724271/When-people-dying-come-vacation-French-foreign-minister-slams-Obama-golfing-Iraq-burns.html

now that is an understatement!

Posted by Floridagold @ 17:17 on August 13, 2014  

Defense Secretary: ‘The World is Exploding All Over’

 

http://www.weeklystandard.com/blogs/defense-secretary-world-exploding-all-over_802893.html

Midway Gold

Posted by AspenGold @ 16:27 on August 13, 2014  

had a very nice day today on volume. Highest closing in a while and next to Coral Gold my largest holding. I think MDW is a  special play with very experienced people running the show.   What’s your view SBR?   Personally, I only own miners in Nevada.

sbr

Posted by Maddog @ 16:11 on August 13, 2014  

re GDXJ

 

Hope yr right…but 1st it must overcome the Scum……watching the closes last few days and tdy was an especially good example, one can see the closes being pushed down every day….It is as if desperate shorts are trying to paint the close, so they don’t get margined out.

But as we know the shorts couldn’t give a damn as they don’t get margin calls, or SEC inspections….that said the long AU/ short stox spreaders are now more than 20 % wrong. from the recent Hi/Lo on that trade…their puke point has to be close and then we should have some real fun…….as they sure as shit ain’t getting any of my stox!!!!!!!

 

 

GDXJ massive base headed first to 52.5

Posted by sbr @ 15:56 on August 13, 2014  

then it heads to the old highs.

xj

Two year chart

subsidiary of Toronto, Canada-based McEwen Mining Inc.

Posted by Floridagold @ 15:22 on August 13, 2014  

Mexico mine spills 500,000 gallons of cyanide

MEXICO CITY (AP) — A Canadian-owned mine in northern Mexico spilled over a half-million gallons of a cyanide solution used in heap-leach gold mining, after heavy rains caused a retaining pond to overflow.

The accident occurred at the Proyecto Magistral mine in the northern state of Durango. The mine is owned by a subsidiary of Toronto, Canada-based McEwen Mining Inc.

The Attorney General for Environmental Protection said Wednesday that the cyanide-laced solution contaminated an area of about a half-kilometer (quarter mile).

The office ordered the company to install membranes in holding ponds and raise the height of containment dams.

It was the second mine spill in as many weeks in Mexico. Earlier this month, a mine in Sonora state spilled 10 million gallons (40,000 cubic meters) of mining acids into a river.

GFI has broken a 2 year downtrend and backtested

Posted by sbr @ 14:57 on August 13, 2014  

it is now at horizontal resistance and ready to break out.

 

gfi

sbr and anyone else

Posted by Buygold @ 14:22 on August 13, 2014  

GFI has had huge volume the last two days. No idea why.

Here’s a gold miner bull on CNBS – go figure.

http://video.cnbc.com/gallery/?video=3000301747

Silver is killing us right now.

ANV

Posted by Ororeef @ 13:50 on August 13, 2014  

has just made UP signal using my early detection chart,Anglo just slightly less so ,but still up…..

ANV is without question

Posted by sbr @ 13:40 on August 13, 2014  

the most levered play to the metals. If both metals rebound this stock goes parabolic as 30% of the float is short and their debt burden becomes a non-issue.

At $2300 gold this stock trade close to $100 IMO.

anv

Anglogold one year

Posted by sbr @ 13:36 on August 13, 2014  

angl

 

These charts are all self-explanatory. Breakouts are coming.

winedoc @ 11:49 Greetings to the east coast from the west coast. Nice to hear your message occasionally on Oasis.

Posted by Equisetum @ 12:55 on August 13, 2014  

While accumulating slowly at these bargain basement prices for physical Ag, Mrs Equiz and I have chosen, instead of mountain hiking, to focus on interesting outings near our own back yard. Near the south end of the West Coast Trail at Port Renfrew, along a now-paved logging road connecting Port Renfrew with Lake Cowichan and Duncan, a few days ago we had the pleasure of passing through many hectares of working forest. Here is a photo of silvicultural patterns created where second-growth Douglas-fir, western hemlock and western red-cedar have been harvested to create stumpage revenue that supports the health care system and the education system in our jurisdiction. A well-managed working forest, in a climate zone where it is readily regenerated after harvest, is compatible with recreational use of the landscape. We enjoy our outings in such spaces, just as MadMike and his partner enjoy the outdoor landscape in their beautiful part of the world.

Enjoy the rest of the summer in your part of Canada. Cheers. Equiz.

Working forest

FNV is the stock. Also, if this analog plays out

Posted by sbr @ 12:28 on August 13, 2014  

yenn

 

Then gold is about to move directly to $1400 in a straight line. For the Nikkei to tank, the $ must collapse against the Yen and that is gold bullish until proven otherwise.

GDX will head towards $38.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.