Mon, 11 December 2023
In this insightful interview, Kerry Lutz sits down with Chris Vermeulen, a renowned market analyst, to delve deep into the dynamics of various financial markets. They explore the current state of the stock market, gold prices, the bond market, crude oil, and trading strategies, offering valuable insights for investors and traders alike. Chris Vermeulen presents an intriguing outlook, predicting a rise in the stock market leading into the New Year, highlighting the possibility of a short squeeze, and discussing the contrasting trends in big cap and small cap investments. A significant part of the conversation is dedicated to analyzing the recent volatility in gold prices, where Vermeulen suggests the possibility of a major double top forming in the stock market. Turning their attention to currency, Vermeulen forecasts a weakening dollar, coupled with a continuous rally in stocks and a gradual uptick in gold prices. He shares his insights on the bond market and interest rates, suggesting a current downtrend and stalling rates. The discussion also covers the crude oil market, where Vermeulen sees a short-term downtrend within a broader sideways trading pattern, anticipating further declines in prices. Additionally, the interview sheds light on Chris’s work at technicaltraders.com, discussing the analytical approaches and trade signals available on the site. They touch upon a variety of asset classes, including lesser-discussed ones like uranium and Bitcoin. Kerry Lutz also shares his personal strategies in Bitcoin trading and experiences in accumulating physical silver. This conversation is a goldmine for anyone interested in understanding and navigating the complex world of financial markets. Visit Chris Vermeulen's website for more insights: TheTechnicalTraders Find Kerry here: FSN |
Sun, 10 December 2023
Kerry Lutz sits down with Prospera Energy's (🇺🇸GXRFF -- 🇨🇦PEI) CEO Samuel David and CFO Chris Ludtke for the latest production updates and strategic developments. They provide us with their recent operational achievements, including the new well at Brooks and the eight new horizontal wells. He explained that bringing horizontal wells online requires a brief shut down of the adjoining wells, in an effort to optimize production and minimize decline rates. The new Brooks well is should be a significant contributor to output. Samuel expects to conclude 2023 with an 1800 BOE per day production rate, which is quite impressive considering that when he took over Prospera it was producing 60 BOE. He provides an in-depth look at how the company is effectively tapping into previously inaccessible reserves, a move that promises to substantially impact Prospera's reserve valuation and Net Present Value (NPV). Chris provided details on PEI's financials, drill program, and acquisitions. He confirms that the company has successfully managed expenses, achieving a substantial reduction in fixed costs through increased production efficiencies. Samuel expounded further on the cost-effective strategies being implemented. Costs per well are currently coming in 15 percent under budget, providing proof of Prospera's strict financial management, in an industry often known for high costs. Finally, Samuel provides us with a look at Prospera's acquisition strategy. The company is focused on acquiring distressed properties, particularly those rich in light oil, to balance their heavy oil portfolio. He reveals that Prospera has five significant acquisitions in the pipeline, some of which are located in the United States. He's racing to complete them in Q1 '23. Visit Prospera's website at: https://ProsperaEnergy.com and sign up for notifications. |
