Monday, April 18, 2011

WOW! KAI - Kenai Resources tests GOLD PRODUCTION

Kenai Resources Ltd.: Test Gold Production Commenced at Sao Chico, Brazil

Apr. 18, 2011 (Marketwire Canada) --

VANCOUVER, BRITISH COLUMBIA -- The Board of Kenai Resources (TSX VENTURE:KAI) is pleased to announce that preliminary gold production has now commenced at the Sao Chico mine in northern Brazil. As detailed in Kenai's news release dated September 21, 2010, Kenai has a loan and option agreement with ASX-listed Gold Anomaly Ltd, the parent company of Gold Aura Do Brasil MineraƧao Ltda ("GOAB") which holds provisional rights to the Sao Chico project 1416 hectare area of Exploration License AP12836. Kenai's initial option is to acquire 50% of the Sao Chico project through loans and expenditure of up to A$3 million.

Commissioning of a Gekko gravity concentrating plant was undertaken using low grade weathered vein material excavated and stockpiled over the last several weeks. Following successful plant commissioning, mining of higher grade run of mine vein material has now commenced and forms the basis for ongoing gold production. Mining will provide a better understanding of the gold mineralisation and will form part of a planned feasibility study for substantially expanding the operation.

To view the photo "Oxidised veins at Sao Chico and an old garimpeiros working", please click the following link: http://media3.marketwire.com/docs/kai0418a.pdf.

Kenai President and CEO, Greg Starr, commented "Initial production will be modest and quite volatile given the nuggetty nature and uneven distribution of the gold. Given the buoyant gold price, any positive cash flows would refund existing investment and fund the feasibility study required for the successful application for a Mining Licence."

"The Sao Chico project is now transitioning to a gold producer status which is an excellent achievement for our company. The investment strategy for this project was developed less than nine months ago. This has been a great achievement for Kenai, the existing local workforce and contractors, our partner Gold Anomaly, and the key construction managers, DENM Engineering and geological advisors, Exploration Alliance Limited."

"Our vision of near term production from the project has been achieved. The next step is to realise the exploration potential."

To view the photo "Gekko Gravity Concentrating Plant at Sao Chico", please click the following link: http://media3.marketwire.com/docs/kai0418b.pdf.

While GOAB had initially planned to commence production at a rate of some 50 tonnes per day and over two months progressively build up to a steady rate of 100 tonnes, 100 tonnes per day was shown to be readily achievable immediately during the commissioning.

In addition, planning for underground mining is underway. Promising high grade gold assays from recent sampling confirmed earlier sampling of a drive developed along the main shear hosted vein at 18 metres depth. A feasibility study has not been completed and there is no certainty the operations will be economically viable

About Sao Chico:

The project is more completely described in Kenai's NI 43-101 Technical Report on the project, details of which were contained in Kenai's news release of January 20, 2011. It has since been filed on SEDAR and on Kenai's website at www.kenairesources.com.

Sao Chico is located within the Tapajos region in Brazil, the site of one of the biggest gold rushes in recent history. In the late 1970's and 1980s, approximately 500,000 garimpeiros rushed to the region to exploit extensive areas of newly discovered alluvial gold, producing approximately 20-30 million ounces of gold before the easily won alluvial gold deposits were largely depleted. Despite the gold rush, little modern exploration has been conducted over the region to date, with excellent potential to expand gold operations at Sao Chico. The Sao Chico project team has extensive experience and expertise of operating within the region, which will provide a focussed and systematic effort to gold production and exploration at Sao Chico. As previously advised, Gold Anomaly via its shareholding will receive all cash flow generated by GOAB at Sao Chico until Kenai exercises its option.

About Kenai Resources:

Kenai is a Canadian company focused on precious mineral project exploration and development, towards early significant gold production. In addition to the Sao Chico gold project in Brazil, Kenai is also involved in exploration of the wholly-owned Quartz Mountain and Hope Butte epithermal gold projects in South-Eastern Oregon, both located in Malheur County, close to the Oregon border with Idaho. Kenai's current indicated and historical gold resources from the two Oregon projects are summarized as follows:


Project: Quartz Mountain, Tonnes: 15,050,200, Grade 0.80 g/t Au, Ounces Au: 352,667, Status/Classification: Indicated Resources NI43-101 compliant

Project: Hope Butte, Tonnes: 5,000,000, Grade 0.91 g/t Au, Ounces Au: 146,300 Historical, Status/Classification: not NI 43-101 compliant


Footnotes:

For Quartz Mountain, resources above a 0.34 g/t cutoff with silver converted to gold equivalent using a ratio of 49.5:1 silver to gold. Metallurgical recoveries were not considered. Indicated resources are as reported in an independent November 2006 NI 43-101 report, posted on SEDAR at that time.

The Hope Butte resources are considered historic in nature, do not comply with current NI 43-101 standards, have not been verified by the Company and therefore should not be relied upon. It is uncertain if further exploration will result in the discovery of an economic mineral resource.


On behalf of the Board of Directors of Kenai Resources Ltd.

Greg Starr, President and CEO

Forward-Looking Statements: Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed and elsewhere in the company's periodic filings with Canadian securities regulators. The economic viabilities of the resources estimates discussed in the release have not been established and may not be. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The company does not assume the obligation to update any forward-looking statement.

The technical content of this news release has been reviewed by Kenai's Vice President Technical Services, Neil Cole, who has sufficient experience which is relevant to the style of mineralization under consideration and to the activity which is being undertaken and planned to qualify as a Qualified Person under NI 43-101.

Shares Outstanding: 62,406,734

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Kenai Resources Ltd.
President and CEO
604-669-5753
604-688-9895 (FAX)
info@kenairesources.com
www.kenairesources.com

Wednesday, April 6, 2011

CFM hits $1.40!! up 65%.. More GREAT news out today!

Just like I said!!!!

CFM - Confederation Minerals hits $1.40 today and shows no signs of stopping!!

They announced some more great Drill Results:

Full News Release

CONFEDERATION MINERALS LTD. INTERSECTS ADDITIONAL HIGH-GRADE GOLD AT NEWMAN
TODD
• 2.0 METERS GRADING 25.55 G/T GOLD INCLUDING 0.50 M GRADING 75.8 G/T GOLD
• WIDE STEP-OUT DRILLING (OVER 1 KM NORTH) IDENTIFIES NEW GOLD ZONE WITH UP
TO 11 G/T OVER 1.0 M

Hope everyone's happy!!

Monday, April 4, 2011

MORE BAKKEN LAND for MVW! jeeeeeeez

MOUNTAINVIEW ENERGY ACQUIRES ADDITIONAL WORKING INTEREST IN THE SNOOSE COULEE

Apr. 4, 2011 (PR Newswire) --

CUT BANK, MT, April 4 /PRNewswire/ - Mountainview Energy Ltd. (TSXV: MVW) (the "Company") today announces the acquisition of a portion of Great Northern et al's ("GND") interest in the Snoose Coulee Field located in Liberty County, Montana. The Company acquired this additional interest for $48,000. In conjunction with this acquisition and the Working Interest acquired from Montana & Wyoming Oil Company and Balsam Producing Properties LLC in the 2nd Quarter of 2010, the Company's average Working Interest in the Snoose Coulee Field is 45 to 50%. As a result, Mountainview Energy Ltd will become operator of the 13 producing gas wells located on the property along with any wells subsequently drilled.

The acquisition of the 8,000 acres brings the Company's total acreage position in the South Alberta Bakken Play to 74,000 acres. The prospective zones of interest in the Snoose Coulee are the: multiple Bow Island Sandstones for natural gas; Dakota, Sunburst, Swift, Sawtooth, Madison and Three Forks Shale for oil.

The Company is a public oil and gas company listed on the TSX Venture Exchange, with a primary focus on the exploration, production and development of the Bakken and Three Forks Shale in the Williston Basin and the South Alberta Bakken play.

"Patrick M. Montalban"

Patrick M. Montalban
President & Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Mountainview Energy Ltd.

Thursday, March 31, 2011

$SPIN - Spine Pain Management - good value at these levels?

Hey everyone,

not much attention is on this play yet... could this be a sleeping giant?

Company fundamentals seem to be strong, but not enough news has come out recently to get a full understanding of what's going on.

Doesn't appear to be a lot of stock available at these levels.

Looking for other people's opinions please!!

View their website & Quote

Tuesday, March 29, 2011

MVW Scoops up More LAND!


Mar. 28, 2011 (PR Newswire) --

CUT BANK, MT, March 28 /PRNewswire-FirstCall/ - Mountainview Energy Ltd. (TSXV: MVW) (the "Company") today announced the successful acquisition of 506 Net Acres in Sheridan County, Montana. The Company acquired this acreage from a private individual at a price of $750.00 per acre for a total purchase price of $379,500. This acreage is adjacent to our Stateline acreage and brings the Company's total position in the Williston Basin to 11,572 acreas. This acreage is also in proximity to other acreage being leased by Samson, Marathon and TaQa.

Acquiring this acreage will enhance the Company's opportunity to develop the Bakken and Three Forks Shale in the Williston Basin.

The Company is a public oil and gas company listed on the TSX Venture Exchange, with a primary focus on the exploration, production and development of the Bakken and Three Forks Shale in the Williston Basin and the South Alberta Bakken play.

"Patrick M. Montalban"

Patrick M. Montalban
President & Chief Executive Officer


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Mountainview Energy Ltd.

Full Release Taken from:

http://tmx.quotemedia.com/article.php?newsid=39914617&qm_symbol=MVW

Friday, March 25, 2011

Day Trading Tips = How Beginners can Succeed like the Pros



Why is it that some people are successful Day Traders? And some people fail?

Important Factors for Successful Day Trading:


The ability to adjust to changing market circumstances is just one of the traits of a successful trader.

When money is on the line all traders emotions come into play and unless you can maintain discipline, success will elude you. The more disciplined you are in trading, the more profits you will make longer term.

Great traders have learned to control their emotions, thus leading to more objective trading. Human emotions are always the key to either success or failure in any business. And it is especially important when trading the markets.

The simpler a system, the more likely it is to be robust in the face of changing market conditions. you need to understand your trading method, and the logic behind it, so you can execute it with confidence and discipline.

You must have an identifiable edge over the market.

Maintain self-control and discipline when making trading decisions: you must be confident in your trading method.

You must execute the buy and sell signals with confidence – these signals will lead to trading success in the long run, as you rigidly adhere to your method.

Successful traders have one to three things that work and they use them over and over and over and over again for as long as they are profitable.

Successful traders protect their accounts. They respect the risks they are taking, usually no more than 2% of capital If your risk per trade is too aggressive then you run too high a risk of blowing your account, too conservative and you will not optimize returns from your system.

To really succeed at trading of any type, you need consistency, even if it’s with small amounts. The ultimate goal is to keep trading over and over to eventual riches. Small but steady gains over time can add up to some truly massive numbers
You can’t win if you’re not in the game, and the way to stay in the game is through proper money management, risk assessment, position sizing, etc. Without these components most new traders blow their accounts out and never return to the game.

Learn from your losses – take advantage of each loss to improve your knowledge of the market.

Most successful day traders have a true love or passion about their trading activities.

Successful day traders know that many of their trades will fail to meet the original objective. They do not, however seek to blame someone else for their loss, and they don’t dwell on it. They attempt to learn from their mistakes and move on to the next trade.

Successful traders do not rush into trades. They take their time to select good trading opportunities and do not place orders simply for the sake of holding a position in the markets at all times. On some market days, where few good trading opportunities exist, they are content to simply stand aside and wait.

In day trading, a great deal of real-time information has to be absorbed, analyzed and acted upon in intense bursts throughout the trading day. This requires a great deal of concentration and stamina on the part of the trader, and the ability to avoid distractions. Day trading can be very hard work and a lack of concentration can doom a trader to failure.

Exit Losers quickly. Successful traders do not hang on to a losing position hoping the market will go their way eventually.
Constantly evolve your trading edge to stay ahead of the crowd.

Robust trading method + discipline = trading success

Happy Trading!

Tuesday, March 22, 2011

Understanding MVW - Mountainview's Newest Release & 2011 Gameplan

Hi all,

I've received a number of emails and messages on Twitter inquiring about MVW's News Release yesterday (March 21st, 2011)

So, why is this such good news?

1) Shows the company is serious about becoming a big player in the Alberta Bakken & Wiliston Basin.

2) There's very little downside. MVW acquired the 160 acre property for $160,000. GEOI and it's subsidiary G3 Operating will do the rest (Drill & Operate the well)

3) Outcome: MVW ends up with a 12.5% working interest in the well.

Upside Potential:

4) If they find oil MVW gets 12.5% of the proceeds from production. (example, at 1000 BPD MVW get's 125 BPD... that would nearly double their current production and give them an extra $3.5-5M in revenue per year... a considerable ROI on $160,000)

Downside Risk:

5) If the well comes up dry then MVW is out the $160,000 they put in for the property.


So.. What does this mean for the stock price?

My original post valued MVW's current holdings at $1.00 - $1.70 based on their land holdings and cashflow. The stock ran as high as $2.64 recently and in my opinion this was overvalued and was due to lack of supply. I expect the market to react positively to this release, but ultimately we will have to wait and see what the results from drilling are until we can define true value. The fact that their already aligning themselves with $27+ Nasdaq companies (GEOI) shows their long-term goals. I wouldn't be surprised if the stock creeps into the $3.00 range in the near future, forming stronger and stronger support levels as more and more news comes out.


What's the next Step for MVW?


If you take a look at their Corporate Presentation, they plan to Drill 4 Vertical Wells and 6 Horizontal Wells for themselves in 2011. This could mean an additional 1,200 - 1,500 BPD production. In order to accomplish this, they will need to raise more money.

Summary:

This Participation well with GEOI is definitely a step in the right direction and a great sign that MVW means business. So far I couldn't be happier with this gem of a company! Please pass the message along, share it on Facebook, RE-tweet it, etc... everyone should know about this company