Wednesday, August 3, 2011

Bakken Frenzy - Rosetta and Newfield Sitting on Good News

Bakken Frenzy - Rosetta and Newfield Sitting on Good News
Goombarh 66 - August 3, 2011
Good day,
The Goombarh has sensed a developing frenzy in the western Bakken formation, the area of the Alberta Bakken part of the Willingston Basin in Northwestern Monana and Southern Alberta. 
Here are some useful links for background information:


As this evolving situation fits my thesis for investment, namely:
1.  Big Trend - Oil
2.  Smaller Trend - Alberta Bakken
3.  Companies with news - Newfield and Rosetta sitting on good news.
4.  Smaller priced stocks - Small Alberta Bakken players
5.  Marginal players - can only go up; incredible hit percentage for Bakken drillers over 50%.  (not like mining at all)
6.  Companies judged on growth aspects rather than absolute value.

Therefore I think there will be much room to run for small Bakken stocks.  So, I am selling some of my mining, commodities to re-deploy in the following (and I have already taken positions in):
International Frontier Resources (IFR, IFRTF)
Guardian Exploration (GX, GUEXF)
Stetson Oil and Gas (SSN, SSNOF)
Mountainview Energy (MVW, MNVWF)
Primary Petroleum (PIE, PETEF)
Vecta Energy (VER, VCTEF)

Until next time,
Marco G.
http://goombarhsedge.blogspot.com/

Thursday, July 28, 2011

Frontier (TSX: IFR, OTC: IFRTF) More Acreage where Newfield and Rosetta Hitting!

Frontier Increases Its Fee Acreage Position in NW Montana to 22,680 Acres
Thursday July 28, 2011, 9:00 am
. . .

"To date there have been 34 wells licensed, or drilled, in townships where Frontier owns fee acreage, the wells are being drilled by Anschutz, Newfield and Rosetta.
The majority of the Company's acreage is currently under lease to operators drilling in the Blackfeet Reserve, the leases reserve in favor of Frontier gross overriding royalties ranging from 12.50% to 18%. The operator's leases expire at various times over the period 2012 to 2016, to continue a lease beyond the expiry period the operator is required to establish production from the lease. Frontier's fee lands do not expire."
Gotta luv this when, drillers hitting and you hold the land next to them!

Note:  IFR does not hold the direct lands where Rosetta and Newfield are drilling, but close by!
Looks like a keeper, more and more.
Good Luck all!

Wednesday, July 27, 2011

More Dope on International Frontier Resources IFR, IFRTF

PS:  more dope on this:

http://www.siliconinvestor.com/readmsg.aspx?msgid=27521637
From: czechmate
7/27/2011 12:29:26 PM
Read Replies (1)  of 6058

Alright, I have posted on here previously on IFR, rumour has it that Rosetta well hit 2300 bbls, IFR has royalties on this and other drillers in area...... its all in this presentation..........

http://www.internationalfrontier.com/i/pdf/Presentation.pdf
To: czechmate who wrote (6051)
7/27/2011 12:38:13 PM
From: diddlysquatz
Read Replies (1)  of 6059

I'm in IFR.V as well thanks to you Czechmate and I have heard the same type of rumour of Rosetta success. If it proves to be true IFR ground skyrockets in value. IFR land was purchased for about $180 an acre. MVW.V just purchased some land east of IFR for about $1600 per acre. 
If Rosetta has hit this kind of well then IFR land should be worth much more than $1600/acre. IFR has 17,000 acres in the area. Doing the math gives a much higher share price.

HOT TIP - International Frontier Resources - TSX: IFR, OTC: IFRTF

Goombarh Flash 27,  July 27, 2011
International Frontier Resources - TSX:  IFR, OTC:  IFRTF

Good Morning,

May have found a good tip:

According to the Rocky Mountain Oil Journal, a confidential source who had access to Rosetta's field report states Rosetta's first vertical well, Tribal Gunsight #31-16H in Glacier County, "well tested at 1200 barrels per day".

Now, I don't normally pay any attention to tips, but I hold Primary Petroleum (TSX:PIE, OTC:PETEF), which is halted, since it was moving up without news earlier this week.  Still halted with no news whatsoever.  Primary holds large acreage just below Rosetta in Montana.  Rosetta is a $50 stock.

Sniffing around, I found Mountainview was halted previously as well.  They are right next to Primary.  And Petrohawk was bought out few weeks ago.  So all this speaks of frenzy in oil patch, perhaps under valued, and I know drillers are under valued. 

Enough digression, I decided to venture a bit of spec funds into International Frontier and have bought.  IFR holds royalties in the area, particularly where Rosetta is, see this:

and this Frontier presentation:

I am not recommending you do the same, I am only passing information onwards.  It is up to you as what you do with your money.  Good Luck to you.

Until next time,
Marco G.
http://goombarhsedge.blogspot.com/

Wednesday, July 20, 2011

Goombarh Confirms that he is part Neanderthal

Goombarh Confirms that he is part Neanderthal

Public release date: 17-Jul-2011
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Contact: William Raillant-Clark
w.raillant-clark@umontreal.ca
514-343-7593
University of Montreal 

Genetic research confirms that non-Africans are part Neanderthal

This release is available in French.
Some of the human X chromosome originates from Neanderthals and is found exclusively in people outside Africa, according to an international team of researchers led by Damian Labuda of the Department of Pediatrics at the University of Montreal and the CHU Sainte-Justine Research Center. The research was published in the July issue of Molecular Biology and Evolution.
"This confirms recent findings suggesting that the two populations interbred," says Dr. Labuda. His team places the timing of such intimate contacts and/or family ties early on, probably at the crossroads of the Middle East.
Neanderthals, whose ancestors left Africa about 400,000 to 800,000 years ago, evolved in what is now mainly France, Spain, Germany and Russia, and are thought to have lived until about 30,000 years ago. Meanwhile, early modern humans left Africa about 80,000 to 50,000 years ago. The question on everyone's mind has always been whether the physically stronger Neanderthals, who possessed the gene for language and may have played the flute, were a separate species or could have interbred with modern humans. The answer is yes, the two lived in close association.
"In addition, because our methods were totally independent of Neanderthal material, we can also conclude that previous results were not influenced by contaminating artifacts," adds Dr. Labuda.
Dr. Labuda and his team almost a decade ago had identified a piece of DNA (called a haplotype) in the human X chromosome that seemed different and whose origins they questioned. When the Neanderthal genome was sequenced in 2010, they quickly compared 6000 chromosomes from all parts of the world to the Neanderthal haplotype. The Neanderthal sequence was present in peoples across all continents, except for sub-Saharan Africa, and including Australia.
"There is little doubt that this haplotype is present because of mating with our ancestors and Neanderthals. This is a very nice result, and further analysis may help determine more details," says Dr. Nick Patterson, of the Broad Institute of MIT and Harvard University, a major researcher in human ancestry who was not involved in this study.
"Dr. Labuda and his colleagues were the first to identify a genetic variation in non-Africans that was likely to have come from an archaic population. This was done entirely without the Neanderthal genome sequence, but in light of the Neanderthal sequence, it is now clear that they were absolutely right!" adds Dr. David Reich, a Harvard Medical School geneticist, one of the principal researchers in the Neanderthal genome project.
So, speculates Dr. Labuda, did these exchanges contribute to our success across the world? "Variability is very important for long-term survival of a species," says Dr. Labuda. "Every addition to the genome can be enriching." An interesting match, indeed.
###
About the study:
"An X-linked haplotype of the Neandertal origin is present among all non-African populations" was published in the July 2011 issue of Molecular Biology and Evolution. The authors are Vania Yotova, Jean-Francois Lefebvre, Claudia Moreau, Elias Gbeha, Kristine Hovhannesyan, Stephane Bourgeois, Sandra Be´darida, Luisa Azevedo, Antonio Amorim, Tamara Sarkisian, Patrice Hodonou Avogbe, Nicodeme Chabi, Mamoudou Hama Dicko, Emile Sabiba Kou' Santa Amouzou, Ambaliou Sanni, June Roberts-Thomson, Barry Boettcher, Rodney J. Scott, and Damian Labuda.

The study was supported by grants from the Canadian Institutes of Health Research.