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126barnes

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Everything posted by 126barnes

  1. not if they can luck into playing the Sharks, I'm thinking another early playoff exit again this year for San Jose.
  2. Very nice................hope you got a few bucks put a way, I haven't had my single hander out since I hooked my first one on the long rod.
  3. Very nice.
  4. With or without an equity stake the above is true(except the 60million part, you couldn't hit ocean floor for 60 million) if the project is going ahead why not force an equity stake, on whatever scale is viable. I really wouldn't know, but there is money to squeeze out of a hot dog vendor and he still can make money. He might pull out, but if there is money to be made (and it oviously is), someone will take his place, question is can you weather the storm. After all Alberta has the sh!t or get off the pot rule (fareo Sp?) fed's say Newfoundland not allowed to have that rule, might have another Alberta to deal with. Will thats just something you got to figure out before you move in. The oil companies said that could not give up 4.9% stake in Hebron when negoiation broke off and stayed off for years, I guess they reconsidered, or things changed, either way the province came out better, just delayed a bit. NL did have to pay $110 million for 4.9% of a 5 Billion investment (do the math), they wanted it for nothing when it broke off the first time. The problem with that is you are depending on the guy making all the money to tell you the truth, with a 5% vested interest, he got to show you the books (cooked books, but the books none the less), and we know how companies like to do that (wonder why the 4.9% on Hebron). Not sure if the royalities in AB is set province wide, but home they are all different by project, so it come down to this project is just barly viable so you'll need to knock down the royalies if you want it to go ahead bullsh!t. Anyways I'm not trying to argure NL vs AB oil (just using examples of what I know), just that AB could be and should be doing better.
  5. Kinda two in one here: No not the Venezuela model and no to nationalizing, our fed Government could never do something that would work. Currently the canadian government has a 8.5% interest in the Hibernia project on the East coast, which was pretty much bail out money for a project that wasn't going to go ahead after a partner (Murphy's I think) pulled out, or so they say. So it paid 8.5% of ~6 billion dollars ( 700mill recoverable that is now over 1.2 billion recoverable, and who know who much more other than the oil companies)and has had a nice return on their dollar. Not sure how Alberta invites oil companies into the province to look for oil, but currently Newfoundland does not collect money from oil companies to lease land (mostly water) but the highest bidder must spend that winning price of the lease auction in a exploration program in the said waters. Since the Hibernia, Terra Nova, & White rose project have come and have only increased in "expected recoverable oil" . The Newfoundland Governement has since required a equity stake in all developments stalling the Hebron project (700 mil recoveable)for years in dispute with the oil companies. Since then both sides have come together on a 4.9% equity stake on the said project and the governement has pasted Legislation that all projects and expansions to have a 10% equity stake for Nalcor (Newfoundland's energy company). Since then expansions to White Rose (just finished up working this job and is currently in production) and Hibernia South (just starting) have moved forward under these terms. So I wouldn't say "Invite companies in and then nationalize projects" & "government ownership" just get a piece of the action and not pay for the looking part. The governemnt is puting up money on projects that can't mess, not paying the lotto on punchin holes in the ground, hundred million dollar holes. Then there is still the royalites that are so complex it would make your head spin, from 5% untill payout, up 50% after pay out when oil is more than $X/b. They are also doing some small land ing drill exploration, but peanuts (20 Million, so far) compared to the offshore. But with bigger interest over 60% owner shipI think. I can't get into all the production rates, politics, taxes etc involued cus I just don't know anything about it. Just saying if it works for other countries and provinces why not Alberta, on what ever scale. Maybe Newfoundland expience into the patch might me a bad one for the government and the tax payers on these equity stakes, who know, but it looks promising, and seems to be working so far.
  6. My point being that they took ownership of their resource, maybe a litte too late for Alberta as she is already so dependant on Oil revenue. Its being done in this country in other provinces.
  7. The province doesn't need to spend money on exploration, just don't let the discovery go into production without agreeing to a equity share of the production project. Whats wrong with that, last I heard Norway wasn't hurting from their tuff rules in the patch. Nothing happens in their water unless they are involved. Hey Yank, we have oil, teach us how to drill, thanks, now get out of our country. Hey Brit, teach us how to build oil rigs, thanks, now get out of our country. Maybe we should own a oil company and call it Norsk Hydro and thensplit it and merge with statoil to become one of the largest oil companies in the world......................seems like its working to me.
  8. Sorry to hear, I got my stuff ripped off a couple years ago, bad feeling for sure.
  9. a little, haven't had it out that much, hey maybe thats why I can't cast worth a S%^T . Not sure about teh scandi set-up, just heard about from other board members.
  10. Yeah no problem. Its lined with a 40+ right now, might be worth while borrowing the scandi kit from fishtales.
  11. cancel men' hockey to then..................LOL. When your best player is on the verge of retirement from the NHL, what do you expect. I am surprised however.
  12. Maybe it’s just me, but individual dominants is totally different than team dominants, and pairs don't count as a team. I only see Hockey and Curling as team sports, I'm guessing thats because one team per nation. We are also not talking about first and last, we are talking about first and third. Also Ice dancing maybe popular (is it?), but exciting I would have to argue with.
  13. Tryed watching the womens hockey games, just couldn't get into it. After seeing some of the prelim games and the Canadian semi I lost interest. The difference in talent is just too great, the fins and swedes, the number 3 & 4 teams in the world are even light years behind. Yes there have been exceptions when one of these team upset the big gals. Its just something about team sport when one team wipes the floor with the other that is just not interesting to me, even if its the mens Can/Rus quarter, shut it off after 6-1. Maybe I should of watched the womens medal games as atleast the score seems to indicate it as an entertaining game.
  14. I agree, not the smartest move, no problem with the beer and cigars, just not on the ice surface.
  15. I can see why she was upset,especially in an event that Silver is finishing last in a two team event.
  16. If you can get out on a Sat or Sun, your welcome to try that 4119, warning thou, I think he sold cus it only catches Whitefish.
  17. hope it gets sorted
  18. Crosby, Iggy, Staal Getz, Nash, Perry Sharks the rest from what I read earlier, would like to see big Joe on the pine after the last game.
  19. I'll go with a bigger score than that........7-1. Look for Nash to have a big night, now that he has a decent center to play with
  20. Except now Canada will have to beat 3 of the best 4 teams in the world to win the Gold. Yes being the Best means beating the Best, but why make it harder on yourself, this is a single elim. tourney.
  21. I tryed out the 5wt stillwater, very impressed, I will be buying one very soon.
  22. Gonna give the stillwater more of a go this year, put these couple together to see what happens. Pic is elongated for some reason, can't figure it out
  23. Nelly looked good on the TSN feed..................CTV had her short and fat.........or maybe it was the TV's in the Pub. KD Lang??.....................I thought that it was Vince Gill after gaining a few pounds
  24. There are extended body whip finishers, seem to be about twice the length of a reg sized one, althou I have never used one, also not sure if this will give you the length required for an 8/0....................might be worth a looksee at a local fly shop. Check out No. 1, 3 & 5 http://www.flyfishusa.com/fly-tying/knot-tiers.htm sorry no help with the home made version.
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