Dave Forest

Latest articles from Dave

• So You Want to Build a Natural Gas Sector

  Published 09 September 2010 | viewed 8,706 times

  Investors aren't too excited about natural gas these days. The lack of enthusiasm is understandable, with front-month NYMEX natgas prices having sagged below $4/mcf. But…

• India Gets Pushy with Coal

  Published 08 September 2010 | viewed 9,250 times

  One of the "drums" I've been banging for awhile is coal exportable to India. The case is pretty clear. India's domestic coal prices are fixed…

• Bond Market Blues: Fed Snaps up $9 Billion in Government Bonds

  Published 07 September 2010 | viewed 4,448 times

  There's certainly been no shortage of news to analyze lately. One of the biggest items being the Federal Reserve's announcement that the agency will restart…

• Why Bank Profits are Good for Renewable Energy

  Published 23 August 2010 | viewed 5,665 times

  Had a long flight home yesterday from South America. Lots of time to read through a pile of news on resource projects and financing. Here's…

• Return of the Great Bond Conspiracy

  Published 22 August 2010 | viewed 8,204 times

  The old saying goes that just because you're paranoid doesn't mean everyone else isn't in on it. It's starting to feel that may be true…

• Is European Shale Gas the Real Deal

  Published 16 August 2010 | viewed 7,123 times

  Oilfield services major Halliburton said late last week it has completed the first hydraulic fracture (frac) on a horizontal shale gas well in Poland. The…

• Where Are the Best Natgas Prices in America?

  Published 12 August 2010 | viewed 5,161 times

  Florida. At least they were last week. City-gate natural gas prices in the Sunshine State briefly hit $14 per MMBtu last Thursday. A level not…

• Mis-Judging the Gold Market

  Published 12 August 2010 | viewed 8,382 times

  Gold is so misunderstood. My colleagues and I often joke about how gold is the "all-weather" investment. When the economy is good, pundits claim gold…

• Scorched Earth Finance

  Published 10 August 2010 | viewed 5,739 times

  One of my favorite journals is Project Finance. Having recently raised $25 million for a mining project, and now looking at a bigger raise for…

• Health Check of the US Debt Markets

  Published 05 August 2010 | viewed 3,480 times

  Just finished a read of the fresh new "Minutes of the Meeting of the Treasury Borrowing Advisory Committee". The TBAC is a "meeting of the…

• Huge Jump in US Crude Oil Imports

  Published 04 August 2010 | viewed 5,675 times

  U.S. crude oil imports. Huge jump in the week ended July 23, with total imports up to 11.15 million barrels daily. This is the highest…

• How the Lizard Brain Kills Exploration Projects

  Published 28 July 2010 | viewed 4,413 times

  Exploration is a complex business. Ore bodies are almost never straight-forward. And in most cases the only information the exploration team has about these complex…

• Natural Gas Royalties and Chaos Theory

  Published 28 July 2010 | viewed 10,782 times

  We all know the famous (and oversimplified) explanation of chaos theory. If a butterfly flaps in Moscow, it creates typhoons in Manila. The basic point…

• What Renewable Projects Would you Purchase Electricity From if you Were a Power Utility

  Published 27 July 2010 | viewed 5,751 times

  Renewables (and particularly geothermal) are becoming a more popular talking point amongst utilities and governments these days. Just this week, America's Geothermal Energy Association said…

• How The Next Major Uranium Discovery Will Be Found

  Published 21 July 2010 | viewed 8,764 times

  Yesterday, we went through the basics of unconformity-hosted uranium deposits. And why these are the big prize for the uranium industry. And yet, despite decades…

• Uranium’s Big Prize

  Published 20 July 2010 | viewed 6,174 times

  Sixteen hours on airplanes yesterday gave me the chance to finish reviewing a lot of uranium material. (For those of you finding the uranium theme…

• The Importance of Mineralogy

  Published 19 July 2010 | viewed 15,414 times

  It's been a hectic week of travel through Europe, on behalf of our gold-copper company. I'm sitting in the Crowne Plaza in Bratislava, Slovakia, getting…

• Here's the Bottom Line on Uranium

  Published 15 July 2010 | viewed 6,739 times

  It's been an interesting few weeks since I last checked in on uranium. The search for what's next in yellowcake projects has taken me to…

• Shale Gas and LNG

  Published 09 July 2010 | viewed 7,056 times

  This week, Australia's Beach Energy signed an MOU with Japanese commodities brokers Itochu to examine the possibility of building an LNG plant fed by shale…

• The Starbucks Mining Model

  Published 08 July 2010 | viewed 6,832 times

  Starbucks has a great business model. They've essentially created a chain of clearinghouses across the globe. Coffee is the anchor product. It brings a lot…