If Corridor Resources ever gets its Old Harry environmental assessment approved or gets a JV partner, I will write a Seeking Alpha article. I will want to include the following link:
http://www.cbc.ca/news/canada/newfoundland-labrador/red-flags-raised-over-spill-damage-risks-at-old-harry-reservoir-1.2813767
In his book "The Black Swan", Nassim Nicholas Taleb proposes a barbell portfolio with 85% to 90% in extremely safe instruments (like U.S. Treasuries) and 10% to 15% in low probability, high impact Positive Black Swan Stocks. Please comment or e-mail me with your ideas for Positive Black Swan Stocks.
Showing posts with label Corridor Resources. Show all posts
Showing posts with label Corridor Resources. Show all posts
Monday, October 27, 2014
Sunday, December 15, 2013
Old Harry Environmental Assessment status
Canadian Environmental Assessment Agency webpage
http://www.ceaa-acee.gc.ca/050%20/details-eng.cfm?evaluation=60633
http://www.ceaa-acee.gc.ca/050%20/details-eng.cfm?evaluation=60633
Saturday, September 28, 2013
Massive Oil Discovery Off N.L.
This should help generate enthusiasm for a joint venture for Corridor Resource's Old Harry Prospect.
http://thechronicleherald.ca/business/1157020-massive-oil-discovery-off-nl-fantastic-news
http://thechronicleherald.ca/business/1157020-massive-oil-discovery-off-nl-fantastic-news
Thursday, September 26, 2013
Article on Anticosti Island
Between 30 billion and 50 billion barrels initially in place on Anticosti Island. Corridor Resources 891,906 net acres covers about half of the island.
http://www.vancouversun.com/business/Anticosti+natural+disaster/8961565/story.html
http://www.vancouversun.com/business/Anticosti+natural+disaster/8961565/story.html
Saturday, September 21, 2013
Corridor Resources is Potentially a High Impact Black Swan Stock
Investment thesis while standing on one foot:
1) Old Harry could be worth crazy multiples on your money (spud in 2015 or 2016?)
2) McCully Field probably provides downside protection
3) Frederick Brook Shale has significant potential upside
4) Anticosti Island has significant potential upside
Heads I win very big. Tails, I probably don't lose much, if anything.
For a deeper investment thesis see posts on my other blog.
1) Old Harry could be worth crazy multiples on your money (spud in 2015 or 2016?)
2) McCully Field probably provides downside protection
3) Frederick Brook Shale has significant potential upside
4) Anticosti Island has significant potential upside
Heads I win very big. Tails, I probably don't lose much, if anything.
For a deeper investment thesis see posts on my other blog.
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