The Next Frontier in Oil Exploration
By Christian DeHaemer
Taipan Group's Dynamic Market Alert
-- The Next Frontier in Oil Exploration
-- Clowns & Harlots
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China's Nickel Power Play Revealed...
In 2006, China imported 3.78 million tons of nickel.
That's 6.8 times more than it imported in 2005.
But here's the real kicker -- globally each year, only 1.3 million tons of nickel are produced.
So in 2006 alone, China imported almost three years' worth of the world's nickel supply.
No wonder the world is facing a dire nickel shortage! That's over-consumption at its finest. And it's the very reason why The Project is back on line today.
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The Next Frontier in Oil Exploration
by Christian DeHaemer, Publisher, Crisis Trader
Political turmoil, financial upheaval, social unrest, coups d’état, Third World civil wars, and bloody rebel uprisings often have one thing in common: They spawn unfathomable wealth. In many cases, one country’s extreme pain is the savvy trader’s gain. Consider the collapse of the Soviet Union...
For years, the communist Soviet government had controlled everything. But suddenly, the government disappeared... and entire industries were up for grabs! Most people stood back and waited for things to get sorted out. But a small group of bold entrepreneurs (known as “oligarchs”) exploited the chaos to amass tremendous personal fortunes.
Their methods hardly distinguishable from what's called organized elsewhere, they used bribery, corruption and even murder to seize multibillion-dollar industries -- oil, natural gas, nickel, metals and media -- for pennies on the dollar! Laughing all the way to the bank.
The point I’m making is not a moral one. It is simply this: Today, the oligarchs are among the world’s richest men. They went from bread lines to boardrooms, almost overnight, simply because they had the courage to exploit crisis.
Scenarios like the collapse of the Soviet Union are playing out every month all over the world.
One of them is taking place as we speak, in Africa. While you are well aware of the global run on oil, you may not realize that this frantic quest for oil has pushed exploration companies into some of the most hostile and unstable parts of Africa.
According to the International Herald Tribune, Africa is in the midst of a veritable oil boom, with companies and governments pouring $50 billion into projects that may double the continent’s oil output in the next decade.
Has the Dark Continent paid off? You better believe it! At least for shareholders in some select companies. Soco International secured an oil deal in Libya, sending its stock soaring over 1,200%. Heritage Oil discovered oil in Uganda, sending its stock surging to a 600% gain.
Of course, the competition is fierce. And with China grabbing up all the oil blocks around Heritage’s Uganda discovery, attention is now turning to Africa’s most violent and unstable country: Somalia.
Back in the late 1980s, Somalia was considered one of the hottest oil exploration spots on the planet. And in a 1991 World Bank study, the world’s leading geologists put Somalia at the top of the list of prospective commercial oil producers.
That’s because Somalia used to be attached to Yemen, before the Great Rift ripped up the Saudi peninsula from Africa, thus creating the Red Sea (about 300 million years ago). According to the U.S. Department of Energy, Yemen has proven oil reserves of roughly 6 billion barrels. And based on Somalia’s similar terrain and close proximity to Yemen, experts believe that Somalia is also brimming with sweet crude.
The Los Angeles Times calls Somalia’s oil reserves a “prospective fortune.” And the Energy Bulletin calls Somalia “oil rich.” But it’s the surrounding area of Puntland that you need to know about.
Puntland occupies the northeast tip of Somalia. It is right on Africa’s Horn, directly across from oil-rich Yemen! Because of its location, experts believe Puntland is sitting on the bulk of Somalia’s oil wealth. In fact, based on oil exploration conducted in the Puntland region during the 1980s by Conoco, it is believed that Puntland hosts a billion barrels of recoverable oil!
Now here’s the thing: I’ve found a small company that has secured a contract with the Republic of Puntland to retrieve those billion barrels of oil. And get this: Not only did the companysecure an oil deal, it also landed an exclusive contract for 100% of the oil and minerals in Puntland, including oil, coal, uranium, silver, iron ore, copper, lead, natural gas... everything.
With oil prices at around $67 per barrel, the petroleum side of this deal could be worth $67 billion. And that doesn’t even include the potentially massive supply of uranium, silver, copper and other commodities that Puntland is sitting on. I could go on and on about this company and the mass amount of oil reserves they are going to soon be drilling for. But I can’t do it here. I’ve put the information together in a Special Report that will be available to you this Thursday, May 24, 2007.
I hope you’ll read it. You’ll find the story fascinating and loaded with profit potential.
Clowns & Harlots
Stand-up for Jesus: Thanks for the Memories
by Christopher Corbett
Twenty years ago, some visitors from England stayed with us. They lived in London and were young and very hip and worldly. We anguished over what we could possibly do to entertain them. But as it turned out we did not have to worry.
They sat transfixed like small children before the television set, howling with glee and repeating lines of dialogue they thought especially funny. They rolled on the floor and even wept. Long after my baffled wife and I went to bed, our guests hunkered down in front of the TV to delight in a piece of American life hitherto unknown to them. In the morning, they would regale us with the highpoints of their late-night viewing.
Our visitors had been watching the “preaching channels,” as they called them. American televangelism in its Golden Age. And to their eyes, this was unbelievable.
The death of the comic genius, the Reverend Jerry Falwell, last week reminded me of my long ago visitors and reminded me, too, how significant Falwell’s contribution was to American humor.
Largely unremarked upon by those whose wailing and gnashing their teeth was Falwell’s stature as a comic giant. His critics blasted the anointed man for his intolerance, meanness and hypocrisy. The devout offered the expected hosannas -- founder of the Moral Majority, family values and Republicans’ rise to power, yada, yada, yada…
Mere sidelights. Lost in this was Falwell’s greatest contribution to American life. He made America laff. The sanctified man was a king of comedy.
Falwell was as much a part of the canon of American comedy as Charlie Chaplin, Laurel & Hardy, Jerry Lewis, Mel Brooks, Red Skelton, Sid Caesar, Rodney Dangerfield or Milton Berle. He was “very big,” as they used to say in the Catskills. The Friar’s Club had nothing on Falwell and The Old-Time Gospel Hour.
The Reverend Falwell’s pronunciamentos against the British children’s TV show Teletubbies -- one of them, Tinky Wink, appeared to Falwell to be gay (he was carrying a purse) -- ranks alongside Lucille Ball’s best work. If there can be said to be great moments in American comedy, this was one of them. Falwell’s antics in the days following September 11 -- yowling in the bulrushes about pagans, sodomites and liberals -- were among his greatest hits.
Let us not forget, Jerry Falwell fed and clothed a generation of political cartoonists, stand-up comics and gag writers. His daffy entanglements -- perhaps the wackiest being a long-running legal dispute with the porno czar Larry Flynt -- were fodder for the ages.
Lost among the laments was the sad reality of Falwell’s departure. He basically ate himself to death, his former adversary and later friend Larry Flynt told the press last week. Falwell, who weighed 400 pounds, basically exploded after a humongous breakfast that included 9 pounds of scrapple, a dozen fried eggs and a whole shoo-fly pie! Boom! He just blew up. Gone. Pieces of him and his clothing have been touted on eBay as relics. It’s like speculating in krugerrands.
On Broadway, time was (and perhaps they still do these things on occasion) that when a great actor or actress died they would dim the lights in the theaters in his or her honor. Leno, Letterman, Jon Stewart, Stephen Colbert should do this for Jerry. They owe him big.
Falwell’s performance -- for that is what I truly believe it was -- was a performance without equal. The great Billy Sunday in all his glory was but a footnote to Pastor Falwell.
The giants of televangelism are with the angels now; if not dead, removed from the daily bump and grind of the show tent, some in the hoosegow, alas. The caravan moves on. We shall not see their like again. Jim and Tammy Faye Baker! Jimmy Lee Swaggert! Only this great republic can produce such titans. Only here is the ground so rich and fertile that they spring up like kudzu at the roadside.
No one was bigger than Jerry Falwell. When America needed a LAFF he did not fail us. He was Mr. Christian Fun.
Let’s not forget his little-known debut in the 1950s with the Three Stooges in the role of “Jerry” -- a snake-handling evangelical Christian who meets Curley, Larry and Moe in the comic short “Snake Charmer.” Or the regular guest spots on The Andy Griffith Show as “Cousin Jerry,” a fun-loving Ku Klux Klansman with a heart of gold and the IQ of a Cornish game hen whose comic interplay with Don Knotts was the stuff of legend. Or “Pastor Jerry,” an on-the-wagon, off-the-wagon lush, who brought so much “country humor” to the situation comedy Cheers during his celebrated cameos. The role was a spinoff of one Falwell had developed during many years as a regular on the cast of Hee Haw.
I saw him only twice in person. Once at a roast at the Fire & Brimstone Club, a social organization made up of Christian zanies whose madcap high jinks delighted persons of all faiths. It was a roast for Simon Wiesenthal and many were concerned about taste. As it turned out, Wiesenthal went bananas as Falwell appeared as one of his many beloved comic creations, the hate-spewing “Cootie Falwell,” -- a violent anti-Semite but fun-loving loner. (Scholars of these things will recall that “Cootie Falwell” made a never-to-be forgotten cameo appearance in the film classic Deliverance as the “love interest.”
The last time I saw Jerry he was opening for a revue in Atlantic City. It was a wild lineup that night. Ben Vereen, the Mighty Clouds of Joy and Strom Thurmond. Jerry was there in tribute to Ben -- for many years they had teamed up with a “salt & pepper” act that critics say played a pivotal role in the Civil Rights movement of mirth. His critics claimed that his best days were behind him, the Smothers Brothers guest shots, Dollywood and the dreaded cruise ships. But the man was proud. And his refusal to work blue (“I’ll work blue -- red, white and blue”) cost him.
And now he’s gone! What can I say? Thanks, thanks for the memories, Jerry.
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TAIPAN TIDINGS
U.S. Mining Syndicate Stuns Kremlin, Seizes Commodity Fortune!
As Russia moves to control the world’s commodity markets, a tiny $2 mining stock has secured a $10 billion fortune on Africa’s rugged coast. Get in now and you could see a tenfold gain by Sept. 22, 2007.
Read on for all the details...
Earnings Announcements for Wednesday, May 23, 3007
Abercrombie & Fitch Company, Dick’s Sporting Goods Inc, Foot Locker Inc, Gymboree Corporation, Hot Topic Inc, Network Appliance, Shanda Interactive, Target Corporation, Tween Brands Inc, and Wet Seal Inc are releasing earnings.
Unlock Dates for June 2007
6/6/07 - Heely’s Inc is unlocking 6.425 million shares.
6/13/07 – Cal Dive International Inc is unlocking 22.1 million shares.
6/13/07 – Newstar Financial is unlocking 12 million shares.
6/18/07 – Claymont Steel Holdings Inc is unlocking 8.7 million shares.
6/18/07 – Melco PBL Entertainment is unlocking 60.25 million shares.
6/18/07 – Trina Solar is unlocking 5.3 million shares.
6/19/07 – Universal Power Group Inc is unlocking 3 million shares.
Upgrades and Downgrades
Marathon Oil upgraded by AG Edwards from Hold to Buy.
Raytheon upgraded by Cowen & Company from Neutral to Outperform.
Red Hat upgraded by Credit Suisse from Neutral to Outperform.
Elan upgraded by Citigroup from Sell to Hold.
aQuantive downgraded by RBC Capital Markets from Outperform to Sector Perform.
SanDisk downgraded by Matrix Research from Buy to Hold.
Lockheed Martin downgraded by Cowen & Company from Outperform to Neutral.
Brought to you by Taipan Financial News
http://www.taipanfinancialnews.com
Today’s Exclusive TFN Video
Smart Investing Stock Busters
“Avoid This Green Company”
The popularity of eco-friendly investing may leave many investors thinking that anything with a green tinge is good for business. Listen as Sara Nunnally, editor of Material Profits, warns investors about this ocean wave company.
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