Energy nerd. Creator of the NCP in-house algo. Research analyst specializing in resources w/ focus on energy & real estate. Principal at Nugget Capital Partners

Main Street
Joined March 2022
$HR.UN circular is out and it shows that Hofstedter and the "commitee" turned down numerous superior cash offers to the $Go.U deal. Add these facts to the activist letter yesterday and Mr. Ho-Fraudster and "Shady Steve" Gross is clearly in trouble and won't be getting approval.
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Almost every year after a short lived freeze event they tell us we are going back to the 70s. Probably 2027 will be different.
Energy crisis? What crisis? US natural gas benchmark price falls to ~$2.5 per mBtu, approaching a fresh 2-year low.
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Nugget Capital Partners (NCP) retweeted
Last week was a historic one for the “shit no one owns” going up while the “shit everyone owns” went down
Feels like we’re very close to a “buy the shit that no one owns” rally
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Wearing my @inthemoneypod market cap on this early morning late season marathon day at #JeanDrapeau island. Wish me and my back office team some luck. I am older, slower and a bit heavier then was in prime but still get 'er done in ~1:45 to 1:50 on a 13.1.
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Finished in one piece. Was vying for the #burnsco all time record despite being in twice the weight class but only came close. That's what next times are for.
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Hope she brings you luck!!
Wearing my @inthemoneypod market cap on this early morning late season marathon day at #JeanDrapeau island. Wish me and my back office team some luck. I am older, slower and a bit heavier then was in prime but still get 'er done in ~1:45 to 1:50 on a 13.1.
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Nugget Capital Partners (NCP) retweeted
On a scale of 0 being not gambling and 100 being gambling, id argue betting on oil names here (either direction) is about as close to 100 as you can come in this sector. Obviously it's not craps or slot machines, but it has as little to do with fundamentals as possible here imo
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Nugget Capital Partners (NCP) retweeted
I seldom vote my shares but was very motivated to see the $hr.un $go.un acquisition/merger proposition fail. Over the past few weeks I’ve been tempted to unload but held on for principle. Sleazy transactions like this one need to be vigorously opposed. Voted this morning!
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Larry I want another 7 days like today. Make it happen and write another book about why it happened when it happens. Let's make bonds great again. Thanks, Roger.
*TREASURY 5-YEAR YIELD FALLS 15 BASIS POINTS ON DAY TO 4.80% *Credit risk surges with a bond rally, hmmmmm.
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Nugget Capital Partners (NCP) retweeted
BREAKING: Dutch spies hacked Jared Kushner's iPhone and watched him access a Dubai bank account holding hundreds of millions funneled from Azerbaijan, part of at least $2 billion MBS and MBZ placed for him after he promised to push their agenda with Trump, per a Vanity Fair excerpt. "Jared was looking for shortcuts in his diplomacy. He promised MBZ that he'd push their agenda with Trump if they participated in a fund. He wanted normalization with Israel so that business could take off," a source who knew the arrangement said. The money was meant to redraw the region's map and lock in normalization with Israel. Roughly $1 billion of it was deposited in Israel's Central Bank for Kushner, with Netanyahu requiring dual-key approval on any transfers. The two royals initially discussed more than $10 billion for a shared slush fund. That narrowed to roughly $2 billion deposited into accounts Kushner could access, including roughly $750 million at First Abu Dhabi Bank under a UAE charity used as cover for covert operations. The reveal comes as Kushner is deeply involved in Iran war diplomacy, where Iran has accused him and Steve Witkoff of pocketing $9 billion through market manipulation, using insider knowledge of the talks to trade oil futures, energy stocks, and prediction markets.
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$ASTS short interest still astro-nomical, no pun intended. Smart money is positioned proper. Has been a tasty short for our camp. We expect substantial more downside into year-end. $4.80 price target likely proves generous.
$ASTS down another $10 per share since this post only on October 9th. Our $4.80 price target remains, although we consider that a bit generous. "The Fibonacci is a placebo for confirmation bias, Roger..." - a BOL @ NCP
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All going much lower. Dont buy commodities at highs.
BNN David Burrows Past Picks Updated: 🌊 $AEM Agnico Eagle Down 2% Today $248.12 (Sold at $290 and rebought at $229) 🌊 $CAT Caterpillar Up 33% Today $705.04 🌊 $CCO Cameco Down 12% Today $110.77 Average return: 7% We average 30% cash with current market conditions. Our current largest weight is Energy. David personally owns $AEM and $CCO, Firm $AEM
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Many furus will learn to love bonds the hardway. Tried to warn 'em.
17 bps drop in the 10 year is actually kind of terrifying even if I'm having one of the better days of the year What's going on? @Jefffeldman
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Agree with @VolteFaceInvest . Our camp is very very bearish on oil and expext a multi-year oversupply. Every mother and dog expects Iran flair up and nobody even turns ear to listen to @axios anymore. Could be savagely painful.
I really don't like how its acting, out flat. Something really strange at work here, patterns might be changing, we'll see if anything develops more.
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$ASTS down another $10 per share since this post only on October 9th. Our $4.80 price target remains, although we consider that a bit generous. "The Fibonacci is a placebo for confirmation bias, Roger..." - a BOL @ NCP
Our camp tried to warn you. Telecom still getting wiped out "If you like $asts at $48 you will love it at $4.80...."
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It was only a couple years ago the Crescent Point-Whitecap fanboys were bashing $SOIL.TO. The Nugget Capital Partners (NCP) told you Team John Jeffrey was smarter then Bryska & co - 254% to 95% o/p using $WCP.TO since this poll. No position as J. Jeffrey still gave me cold feet.
POLL: Which E&P will outperform into year end? I will go with Saturn Oil & Gas even though I do not have shares. $CPG $CPG.TO $SOIL.TO
30%Saturn Oil & Gas
70%Crescent Point Energy
220 votes • Final results
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Chinese still building crude inventories with the Hormuz Strait closed and SoH flows are reportedly nearly back to or at normal levels. What happens to oil prices when shipping costs come down? Has been trade of the year, could be the worst trade of the year for newb entrants.
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Nugget Capital Partners (NCP) retweeted
From the @WSJ: “Persian Gulf oil exports have surpassed prewar levels, as an improvised shipping system under U.S. protection is helping tankers move oil through one of Iran’s fiercest waves of attacks in the Strait of Hormuz.” wsj.com/world/middle-east/mo…
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Nugget Capital Partners (NCP) retweeted
I am with you at $13!!
With the walls closing in quickly on the shady $Hr.un CEO and other cronies like Shimson Gross aka Stephen, next thing is to ensure a big return and juicy special cash distribution into YE with Caledon land sales. My target is $13 1H 2027, in cash or shares of a legit REIT.
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With the walls closing in quickly on the shady $Hr.un CEO and other cronies like Shimson Gross aka Stephen, next thing is to ensure a big return and juicy special cash distribution into YE with Caledon land sales. My target is $13 1H 2027, in cash or shares of a legit REIT.
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