SEA OF RED: Majority Of U.S. Shale Companies Took A Beating Q1 2019

SEA OF RED: Majority Of U.S. Shale Companies Took A Beating Q1 2019

The overwhelming majority of U.S. shale companies were hit hard due to lower oil prices in the first quarter of the year.  Just about every shale company that I keep track of suffered negative free cash flows in Q1 2019.  This was quite a surprise as Rystad Energy claimed that the breakeven price for U.S. tight oil (shale oil) was the second lowest in the world at...
May 21, 2019 0 Comments
Top Primary Miners Now Paying The Market $2 To Take Their Silver??

Top Primary Miners Now Paying The Market $2 To Take Their Silver??

According to my calculations, the top primary silver miners in my group estimated average breakeven for Q1 2019 was $16.54.  With the current silver market price (close of Friday) of $14.38, the group as a whole is now losing $2 an ounce to produce and sell silver:
May 20, 2019 0 Comments
THE MASSIVE 46 STORY TALL STRUCTURE: The Penasquito Mine Tailings Dam

THE MASSIVE 46 STORY TALL STRUCTURE: The Penasquito Mine Tailings Dam

The colossal Penasquito Mine’s tailings dam will reach a stunning height of a 46 story skyscraper over the next decade.  That is, if the mine reopens and is allowed to continue business as usual.  Newmont-Goldcorp suspended operations at Mexico’s second largest silver mine on April 29th, due to a blockade stemming from issues with the local community...
May 17, 2019 0 Comments
THE END OF THE OIL GIANTS: And What It Means

THE END OF THE OIL GIANTS: And What It Means

Our aim is to achieve a rapid turn towards a 100% Solar Sustainable World, in less than 20 years, at lower cost than anything else, by shifting from the current 88% wastage to over 80% productive uses of primary energy
May 16, 2019 0 Comments

Get Your Free Investment Kit

Free Investment Kit
To receive your free kit please fill out the following form.
All form fields are required