Its almost over, a natural gas rally on September 2nd

We wrote just last week about what next for natural gas, according to Bob Hoye and his team at Chart Works that had predicted a natural gas rally on September 2nd,and they’ve certainly gotten it. However, they are look-ing for a ten to 12 day event, followed by something thatmight not be a lot of joy in the natural gas sector.We caught up with Bobby Lamond, the Calgary vet-eran and long-time player in the natural gas sector whohas spent much of the last year sending people chartsand warning everyone about how ugly it could get in thissector. When we caught up with him on Friday, he says,“it’s been the perfect storm for natural gas” over the lastyear. “Anything that could go wrong” he says, “hadgone wrong” and he has never seen a worse time for thenatural gas sector.

Click Here For The Entire Article

Globe says Barrick, others show deal making is back

Globe says Barrick, others show deal making is back

2009-09-14 07:26 ET - In the News

See In the News (C-ABX) Barrick Gold Corp

The Globe and Mail reports in its Saturday edition that deal making is back. The Globe's Boyd Erman and Tara Perkins write revitalized capital markets allowed a sudden burst of major financings last week, on top of continued rallies in equity and debt markets. Canadian companies, led by Barrick Gold and Fairfax Financial, raised nearly $5.9-billion by selling stock -- more than in any other week in history. Thanks to a receptive credit market, energy giant EnCana revived its plan to split into two companies, which requires $5-billion in loans.

Long-dead initial public offerings are once again doable, with Montreal retailer Dollarama filing to go public in a transaction expected to raise $250-million. The corporate financing resurgence has a more sober, purposeful tone compared with the capital casino that underpinned the credit bubble.

Compton Petroleum raised $172-million Friday. The flurry of deals is not likely to end soon, said Paul Donnelly at Macquarie Capital Markets. "I don't think the pipeline is exhausted for a second," Mr. Donnelly said.

However, for now stock sales will mostly be of a relatively low-risk variety designed to appeal to investors who are still wary after being once burned.