Enormous “Oil Kitchen” Profits Offshore Namibia

by Travis Johnson, Stock Gumshoe | July 30, 2010 10:28 am

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Source URL: https://www.stockgumshoe.com/reviews/energy-and-scarcity-investor/enormous-oil-kitchen-profits-offshore-namibia/


10 responses to “Enormous “Oil Kitchen” Profits Offshore Namibia”

  1. fuzzybar says:

    Travis –

    I’ve been an Energy & Scarcity subscriber for a little over a year and am up over 100% on Byron King’s suggestions. He is one of two analysts to whomI pay attention. The other is his colleague, Patrick Cox (Breakthrough Technology Research). Their research has paid for me many times over the cost of it.

    King may hate me for this, but I can confirm your guess. However, I’ll not say more, except that your potential reserve numbers are wrong by a factor of 1,000 – in the appetizing direction – according to an authority well known to, and highly respected by, me, a former Chairman of the Federal Energy Regulatory Commission (1981-1983). And this is not the only juicy pick in Byron’s bunch. I admit that I may have been lucky in the timing of my purchases, since my results out perform his reported portfolio substantially. I have never met either King or Cox, but I became – despite initial skepticism – a lifetime subscriber to their research for the simple reason that it pays. My substantial investment in UPWRF is a long time hold, and I continue to buy on dips – another of which I hope to see soon. (Incidentally, I bought Arena Pharmaceuticals on Cox’s recommendation, am up 100%, and looking for more.)

    Best, Mike

  2. fafjr says:

    Thank for this write-up, Travis. I was also wondering if you’ve had the chance to dig into some of Patrick Cox’s teasers. Specifically, there is one called Wealth Revelation 20:10 about 4 “miracle companies” (http://agorafinancial.com/reports/VPI/WealthRev/VPI_WealthRevelations4.php?code=EVPIL802&o=140930&s=142953&u=33079796&l=143439&r=Milo).

    Anyway, I appreciate the work your doing.

    Best,

    Josh

  3. fuzzybar says:

    Josh –

    I bought into two of the four Cox stocks mentioned and strongly suggest you take a look. An add on was Arena, which I knew of but was skeptical about. I bought when he recommended at 3.11, and its Fri close was 7.95. His analysis made a lot of sense and so far has paid off nicely. I cannot do Pat a disservice by telling you his picks (no offense to Travis), but if you do not like what he has to say, you can cancel. I bought a bunch of the first two ideas, they have not been auspicious in short term performance, but Pat’s thesis is compelling so I am holding. Like UPWRF they are longer term holds. Incidentally, I’m not a day trader, so someone else’s ideas may be more useful to you than mine if that is your deal.

    Kind regards and good luck.

    Mike

    Mike

  4. auerbacher says:

    Closer to South Africa than Nigeria, but the latter has been in the news in September, … not in a positive way:

    Appeals court backs Chevron in Nigeria dispute
    10 Sep 3:03 PM ET – AP Online

    Nigeria: Total warns oil bill will hurt industry
    21Sep 9:06 AM ET – AP Online

  5. ronlin says:

    UNX Energy is being bought by an upstart Brazilian company. In the midst of all this both companies stock is falling. There is very little info. regarding this event. Would like to hear any and all info. re: this transaction. Is the buyer another shoestring company who will do little or nothing as far as exploration and drilling is concerned??
    Pat, in FL

  6. archives2001 says:

    Nothing on UNX or Universal Power Corp now.

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