“Master Plan for America’s Recovery on page 638 of the Holy Bible?” (Mitchell Clark)

Sniffing out Clark's teaser pitch for the "America's Redemption" oil stock

By Travis Johnson, Stock Gumshoe, October 6, 2014

I should probably confess, before I get into today’s teaser sleuthification, that I don’t like organized religion. Disorganized religions are fine, because they don’t get together and try to figure out how to enroll other people (like me) in their belief system, or grow so big that they lose sight of their beliefs entirely, but organized ones turn me off.

So I spent a fair amount of time cringing when I read through the transcript of this latest teaser pitch from Mitchell Clark — I have no idea whether he’s religious himself, but the first couple pages read like a cynical televangelist trying to get you to open your wallet, transparently pandering to those who believe that “America has lost its way” and that “good people” will get their just rewards from God (despite Obama… gotta throw in something about Obama) because of the “master plan” that’s in the Bible.

And yes, he throws a secret stock pick in there, too — more on that in a minute.

Here’s how Clark gets us started:

“Hi, my name is Mitchell Clark, and for the last several months, I’ve led a very unique research project—a search for a solution to America’s economic problems in the Bible.

“And what we uncovered was astonishing…

“It’s a prophecy hidden on page 638 of the King James Bible….”

And, of course, there’s a mysterious image of a piece of parchment that looks like it might be in Hebrew — which is odd, given that the King James Bible is, of course, the English version of that text, as approved and specified by King James (to make sure that the word of God was in line with what he wanted to say) and first published in 1611.

Old holy Bible in German little dusty and used.The page number is silly, of course — who knows what edition he’s using, or which printing, pretty much no one cites page numbers for biblical verses. So his secret “prophecy” could be anywhere in the book, but apparently it is a secret that is enriching people in Pennsylvania, Ohio, Colorado, North Dakota and Texas.

[An actual quote from Clark is, “our Creator’s blessings are not confined to northeast Ohio. Small towns throughout America are experiencing similar miraculous results.” No offense to anyone in Youngstown, Cleveland, Akron or Canton, but I think this is the first time I’ve heard anyone imply that “our Creator’s blessings” might be focused specifically on that area]

So yes, I’m being snarky, but apparently the “prophecy” is something along the lines of: “Some of you own land under which shale oil and gas will be found, as God specifically intended, and you will therefore get rich.”

Frankly, it would fit well as a scene in The Book of Mormon (the play, not the sacred text — haven’t read the latter).

I don’t mean to be irreverent here, or at least not any more irreverent than I am on any other day, so I’ll skip over the long section of the ad citing all the people and towns who believe that these new energy discoveries are “divine intervention” and “a gift from God” (similar stuff from the towns impacted by investment in the Haynesville Shale, the Bakken Shale, etc.) Obviously, those are common phrases that some people spit out whenever anything shockingly good happens (God is also very active in the state lottery, I’m told).

We, on the other hand, know that God clearly intended for His oil riches to be discovered most voluminously under land controlled by caliphates, dictatorships and godless communists, and (ha ha on you!) under thousands of feet of ocean, and only after that to be found under the lands of the “true believers” in the United States. Oh, and (ha ha again!), the oil that goes to save the farms and towns of the “true believers” is way harder to extract than the stuff controlled by the folks who don’t so much adhere to the Anglican version of the Word of God.

Sorry.

The point is, Mitchell Clark, once he’s done offending both believers and non-believers with his pandering (as I’ve probably done with my snarkiness), goes on to tease a stock. Perhaps because God wants ownership of for-profit enterprises to be spread among individual investors.

Arg, sorry again!

I know I’ve already made a good number of you angry, so I’ll try to stop. If you want to read the rest of the ad, go right ahead.

Mitchell Clark is pitching a subscription to something he calls America’s Redemption, which I guess must be a newsletter dedicated to the shale oil revolution — it’s not really clear, but the folks at Lombardi Publishing will let you “start to try it” for $5 as a bargain basement entry level price compared to the $295 “normal” price. Oh, except wait a second, he’s charging $5 upfront and then if you don’t cancel after a month he’ll charge you $92.50 as the balance for your first six months (so it’s actually $195/year, I guess, and they’ll then renew you at that rate every year). Clever.

America’s Redemption is not listed on Lombardi’s website that I can find, though I do wonder if it will be going up against that other biblically-titled Lombardi newsletter, the Judgement Day Profit Letter, which is helmed by Clark’s colleague George Leong and “features stocks that we expect to profit as the American Ponzi scheme collapses.”

Anyway, moving on… this is just the last little excerpt before we get to specifics:

“The Anti-Obama Recovery

“The story begins six years ago, in the aftermath of the 2008 market crash…

“Some Americans turned to Obama for help.

“They saw him as their potential savior from economic doom.

“But not everybody did.

“Others looked to the Lord for His guidance, for it has been said that He guides in all matters.

“And since then, I believe He’s led the faithful forward to a whole new era of prosperity—one unlike anything we’ve ever seen.

“It’s like an era of ‘America’s Redemption.'”

‘Nuff said. On to investing. So that’s what I’ll spend the rest of my time looking for — what’s the stock he’s talking about?

“… certain states are seeing unusual rates of mass migration.

“These are places that have experienced what I call the ‘Biblical Wealth Event.’

“And they’re places with increasing employment rates….

“Everyday Americans are rushing to these areas to claim their share of riches.

“But you don’t have to move to these states, or even visit there, if you want to grab your rightful share.”

Well, that’s certainly true — workers are rushing to Williston, ND and Midland, Texas to take good-paying oil company jobs (and that’s throwing those economies out of whack, particularly in more remote areas like North Dakota, where stories of the high pay for pole dancers and Wal-mart checkers and the lack of affordable rent driving high rates of homelessness fill the newspapers). But which area is he talking about?

Oh, wait, brief interlude: Now he actually gives us the citation to the Bible verse — so I have to share that with you:

“I will shoot up to you deposits stored in valuable dungeon-type containers, so that you will know that I Am the Lord your God, who called you by name.”

(Isaiah Chapter 45, verse 3, on page 638 of the King James Bible.)

You can interpret that however you want — here are a bunch of different translations and commentaries on that verse if you’re curious. Clark’s quote is not from the King James translation, from what I can tell, it is a different translation (and it’s a verse that’s sometimes also used by folks talking about the Biblical guidance that will lead to large oil discoveries in Israel). The King James version of this verse mostly talks about how this was God’s deal with Cyrus the Great — Cyrus recognized the one true God, and God guided Cyrus and his armies to treasure. I think. You can dig through that on your own if you like, I won’t pretend to know the “back story” on this one.

OK, back to the stock.

God Still Hasn’t Given Up on America

“To tap into America’s blessed wealth, you just need to know where the next oil discovery is. And get in right from the beginning whenever they strike it.

“That brings me to… ‘The Next Bakken Discovery You Haven’t Heard About

“In a state you would never expect, not Texas or Oklahoma, the Oil & Gas Journal confirms there’s a massive amount of oil under the surface.

“7 billion recoverable barrels using current drilling techniques.

“The EIA considers it one of the top six shale oil fields in America.

“Next to the Bakken, Eagle Ford, and Permian basins.

“But unlike these more well-known oil fields, this oil play is virtually untapped.

“That’s $700 billion sitting under the ground.”

So where is it? He’s talking about the Niobrara Shale in Colorado, where some big players have done well already, but says that the better-known companies (Noble Energy, Anadarko) aren’t the way to go. More from the pitch:

“Instead you’ll want to look to the smaller explorers.

“Ones with the same potential as the big oil players that were small before the Bakken took off.

“These are the new ‘Millionaire Makers.’

“And I’ve identified one ‘pure play’ on this oil field that could hand you 1,079% gains over the coming six months….

“Now, this isn’t ALL about getting rich.

“I doubt our Lord put the oil there so people can spend extravagantly.

“That’s why he’s blessing individuals who truly need the money.

“People who won’t blow it on expensive gadgets. Americans who save their money for a rainy day. They’re paying off tuition, their mortgages, and enjoying time with friends and family. They’re donating to their churches and charities.”

Well, crud. So I guess, if you were planning on getting rich from this so you can buy that new Camaro you’ve got your eye on, or get matching iPhones for all your grandchildren, well, you’re out of luck. This is only for people who make sensible and rational decisions. Like subscribing to investment newsletters that get their cues from God’s instructions to Cyrus the Great.

More from the ad:

“I’ve found a Colorado-based ‘pure play’ on this oil field.

“It’s hit a 100% success rate on the wells.

“Right now it holds only 19 million barrels proved reserves.

“But new drilling on its holdings could drive that up to over 224 million barrels.

“That’s a 1,079% jump!

“In short, this play has $20.5 billion in potential new oil wealth.

“And early investors can grab a piece of this for themselves.

“The best part…? You can buy into it for just over $10.

“But to be frank, that won’t last for long…

“Months ago, I recommended my readers buy it for $5….

“And while you haven’t missed out on the HUGE gains yet…

“If you want to grab a slice of this oil wealth for yourself, you’ll need to act today.”

OK, so finally we can just look at a stock — one that he says has the same potential as Continental Resources or Kodiak Oil & Gas (Bakken), or Pioneer Resources (Eagle Ford), all of which went up more than 1,000% over some undetermined time period — so who is he teasing to be the big winner from the Niobrara?

One more clue:

“It’s an early pioneer on the emerging shale oil play in its own state.

“It’s rapidly expanding its production and reserves.

“And it holds incredible acreage on this future Bakken.

“In the past three years, it’s ramped up production by 811%.”

So… hoodat? Thinkolator sez we are almost certainly looking at… Synergy Resources (SYRG)

The oil resources in Northern Colorado are cited using lots of different names, depending on what part of the area you’re in and what depth you’re targeting, so don’t be confused to see references to the Niobrara shale or formation, the DJ Basin, the Wattenberg Field or any variation on those. It’s pretty much all about the same land.

And Synergy does have growing production from that area, what they call the “core Wattenberg,” and they’re planning drilling in the “NE Wattenberg extension” nearby, as well as some exploration going on in Southwest Nebraska aimed at the Upper Pennsylvanian layer.

So why is it our match? Well, production going from 452 to 8,120 barrels of oil equivalent per day (boepd) from 2011 to the third quarter 2014 is indeed an increase of 811% (if you round a little bit). So that’s a nice match. And it is “just over $10” (actually almost $12 at the moment) and was around $5 “months ago” (almost two years ago, actually, but within the realm of possibility for Clark’s recommendation period).

And they did report roughly 19 million barrels of proved reserves (19.7 million, actually) in their April update. And they have reported a 100% success rate on their wells. And they are headquartered locally, near the wells in Colorado.

So I suppose I can’t say the Thinkolator is 100% certain on this one — but we’re pretty close. I’ve been sniffing about a bit and didn’t run into any other near-$10 Niobrara/Wattenberg stocks that have doubled during any reasonable time frame (most of them are nowhere near that price), so there are plenty of other Niobrara plays that investors might want to consider, from PDC Energy (PDCE) to Bonanza Creek (BCEI) to Carrizo (CRZO)… or, of course, the larger oil companies in the area like EnCana (ECA), Noble Energy (NBL), or Anadarko (APC), and they may all be better stocks for all I know but none of them that I’ve been able to find are a better match for Clark’s teaser than Synergy Resources. And for what it’s worth, Clark did mention them in a public article back in the Summer of 2013, so he at least liked them at one point.

Of course, whether or not SYRG is going to be a great investment, or will continue the pattern of “blessings” that shale oil producers have received and will in turn pass those on to you, well, that’s a question you’ll have to answer yourself. You can see Syngergy’s latest investor presentation here for a decent overview of their properties and prospects, or their quarterly report for the full details. They have been profitable for a couple years, they have grown production quickly, and they have issued a fair number of new shares along the way, presumably to fund expansion, but nothing that jumps out as shocking for a junior oil producer — they are now approaching a $1 billion market cap, so the bets are in on continued drilling success and increases to the reserves. I don’t know enough to place a bet on this one, myself, but if you’d like to chime in with a comment below, well, I’d be delighted to hear what you think.

P.S. I checked, Synergy Resources is not mentioned in the Bible.


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115 Comments on "“Master Plan for America’s Recovery on page 638 of the Holy Bible?” (Mitchell Clark)"

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Ted Tsevdos
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0

Travis –
I always enjoy your articles, comments and running commentary, but this one was
one of the best! HAHAHA. Thanks for the (biblical) interpretation. It was hilarious!

Deborah G Flynn
Guest
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I agree but I have ZERO respect for someone who would use ANY holy book to tout an oil play. Reminds me of the huckster on TV who asks for money to plant a “seed” his pocket.

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rich
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Brilliant stuff on this religious scammer?

Carbon Bigfoot
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As difficult as it is for the average non-scientific mind to comprehend, we will never run out of carbonaceous fuels. Peak oil has been predicted since the ’50s yet this well known hypothesis has been an utter failure. A more detailed explanation is available at http://www.fauxscience.com website for those interested. With respected to organized religion I refer you to ” Conversations With God” Vols. 1-3. By Donald Walsh available from Amazon. The most compelling discussion of the failings of the cultural myths of organized religion. An open mind is necessary as belief systems are challenged.
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Carbon Bigfoot
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The author is Neale Donald Walsch. Sorry it was late. Dialogue in these books are more sophisticated than ANY Bible, Koran or other “holy” scriptures.

TNjazzgal
Guest
0

Amen on the CWG books, Carbon – you couldn’t have chosen a more appropriate recommendation. Mind bending, life changing work. Have read all three – amazing revelations & confirmations for me. Laughed & cried my way through; will read it again and again. Highly recommended!

avf
Guest
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Travis and many of you others. Have you ever read the Bible? So many of you shoot your mouth off about “organized” religion. Not sure what you mean by that, nor am I sure you know what you mean by that. Just asking that you read the Bible before spouting off like you actually know something about its contents.

Alan Harris
Guest
0

Sad.

Deborah G Flynn
Guest
0

Disgusting really

AllanTrends
Irregular
74

No one looked to Obama for help from the economic collapse, they looked to Bernanke. Obama one the election for other reasons, but his economic resume was nonexistent. If anyone is looking for an oil shale play, think “sand”: SLCA.

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AllanTrends
Irregular
74

Make that “won.”

George Smith
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0

Your writing style is so entertaining that people should read your “essays” regardless of if they ow nor ever plan to own any stock.

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jade stone
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0

Call me a Believer, but I thought Mr. Clark’s use of the Bible was blasphemous.

Wilfred Taylor
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Travis you are a wise man not to trust organized religion. If you take out the money they would all collapse. God is not interested in earthly investments and I can just imagine what He thinks of such outlandish claims. The only treasure He is interested in is our souls and He doesn’t charge a fee.

jonomalley
Member
87

Improper place to insult most of the people on earth. What wouldn’t collapse if you took all the money out of it? Nonsense. Churches need money just like charitable organizations do. Do you consider them all corrupt?
Let’s stick to stock commentary.

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Jim Leavenworth
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John O’Malley, you are a party pooper which if not one of the 7 deadly sins comes close. Please take the matter of your redemption up with your maker and leave the rest of us out of it, LOL.

Ruthlezzzzz
Guest
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Absolutely right, Wilfred. In fact, He loved us so much, He paid it all!
Travis, I’m with you (sick of religion and hypocrisy)…and that led me to the Lord Jesus. “Playing church” and “knowing Jesus’ love” are as different as hell and heaven!
I love the way you write. If you were in my class (I am an English teacher), I’d get you to read you essays to the entire school population every week at assembly!!

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Ruthlezzzzz
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Typo: “…your essays…”

vivian lewis
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oy vey. as your resident Hebrew scholar, here is what this cat is quoting, a prophesy by Isaiah addressed to Cyrus the Great reading: “I will give the treasures of darkness, and hidden riches of secret places, that tho mayest know that it is I, Adonai, who call they by thy name, even the God of Israel.” Cyrus was a King of Persia (now Iran, which is spank full of oil) who ended the Babylonian captivity of the Hebrew children (By the Water of Babylon) and let them return to the Holy Land and rebuild the Temple in Jerusalem. This… Read more »
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John
Member
31

Permian is a geologic age (299 – 252my ago) which may be named from the Perm region in Russia.

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Rusty Brown in Canada
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Rusty Brown in Canada

This has to be the most entertaining stuff I have encountered on the internet in a long time. Thanks to Travis, Vivian et al for making my 5:45 a.m. insomnia attack such a rare pleasure.

Malcolm Johnson
Guest
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I believe that you are safe from interpreters of blasphemy .Sleep well.
It was the P.S. , It was BLESSED.

John Harris
Guest
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I loved it, every last snarky tidbit. And that bible thumper deserves every drop of your sarcastic wit. Just hilarious. No chance I invest in anything that sad evangelist recommends, and it really is sad anyone publishes than nonsense let alone buys it, but I agree with Allan – I think SLCA is a good reco and one I have a position in. Of course I bought Gasfrac too (and still hold it waiting for the resurrection day) so what do I know.

Larry
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I LIKE YOU EVEN MORE NOW. We must be related. After all, my last name is Travis. Hmmm, does that count?

Martha
Guest
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Par’m me while I retch.

RicketyFence
Guest
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Wow, Travis. This was one fantastic piece. Wry, well-wrought, smart, informed, ironic but respectful (and I respectfully disagree with those who think otherwise) insightful….I hereby deem you the Dr Johnson of Investment Newsletters.

lechefgerard
Member
6

If you disagree, you a priori being disrespectful.—and I disagree with all of you sillies.

vivian lewis
Guest
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more on the above note which has a few typos. excuse me. My lawyer, of the Jewish faith, has Clark as his middle name. So I asked him if there was any Biblical reference not to Mitchell (a version of Michael, an archangel) but to Clark? The answer was that it is not Biblical but historical. My lawyer is descended from a medieval Jewish Bible scholar from the Court of Charlemagne (now in Aachen, Germany) named Meshulam ben Kalymnos, Meshulam the son of Kalymnos. That was about 900 AD. Kalymnos in the course of the following 1045 years (to when… Read more »
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arch1
Member
7788

Vivian I like your style. Actually clark and clerk are the same word in English and are a natural for a people who were noted as scribes and for keeping the most accurate records.

Lighteredknot
Guest
0

What does this comment have to do with “Shoes” comments? What does it have to do with the cost of eggs in China? I think the depreciation calculation on the ware and tare on the hen’s arese would be deminimus??

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Martha
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PS: I share your views about organized religion.

Lighteredknot
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Bible says ” The fool hath said in his heart there is no GOD”. As for me and my household I will go with Pascale as in ” The Wager”. One can believe as he chooses and its no sweat on my brow. To each his own and bothers me none. As for said stated verse I believe it applicable to Israel. Believe reserves have already been discovered off coast of Israel for that matter. In my old age and experience when one comes with business expressing “religion’ I will now turn and go in opposite direction. Sad commentary .… Read more »
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lechefgerard
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fiscally—yassuh, morally? how would you know?

bj
Guest
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Does the fact that TENS OF MILLIONS of fetuses have been aborted since Roe v. Wade AT LEAST SEEM TO BE a sign of moral bankruptcy!!!???

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v
arch1
Member
7788
Travis you can be as snarky as you like if you will permit me the same,,,,,actually I like a bit of snarkiness. I know that among many the KJV was thought to have been delivered as a miracle to the English King who was busily separating himself from the “authority” of the Pope, but is a translation and there are now much better ones available. Interestingly the three peoples who claim to obey the God of Abraham, Jews Christians and Muslims have all at times formed alliances to kill each other while still claiming to pray to the same God… Read more »
arch1
Member
7788

For those who like numerology and cabals EXXON may be separated into XX EON.
Eon = Age & XX could be taken to signify 2000,,,,,,,Did we just pass a millenium???
Pass the plate…..

Rusty Brown in Canada
Guest
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Rusty Brown in Canada

Actually, there’s “proof” that Shakespeare wrote the KJV bible:
Reading psalm 46 – If you count down 46 words from the top you find the word “shake,” then, if you count 46 words from the bottom you find the word “spear.” Shakespeare was 46 years old in 1610 when the finishing touches were being put on the KJV and was known to have spent time entertaining royalty, including writing “The Merry Wives of Windsor” at the behest of Elizabeth I herself, so I’m told.
Make of these “facts” whatever you like.

Jim Leavenworth
Guest
0

Rusty, first Elizabeth 1 died in 1603, Second the identity of “William Shakespeare has never been determined, at least not to the degree necessary to quiet disagreement among scholars, thus we have no way of knowing his exact age in any particular year or of the motive for the writing of many of his plays.

john
Guest
0

All this religious ideological BS belongs in books.. NOT stocks! LOL It’s bad enough having to deal with all these sects who think they have the path to GOD!

tim
Guest
0

There is only one way!! 1 Cor. 15- 1-4 and if you don’t believe that read Romans 2-16 ..only the FOOL says in his hart … there is NO GOD.