Monday, March 1, 2010

Canada Wins More Gold In A Mens Hockey Nail Biter



Damien Cox
February 28, 2010

VANCOUVER- When it was over, when the third Olympic Games held on Canadian soil had been brought to a competitive conclusion by a wondrous hockey game, it seemed so obvious.

Sidney Crosby. Of course.

Therein lies the difference between two of the greatest hockey heroes in Canadian history, Paul Henderson and his winning goal at the 1972 Summit Series and Crosby for the flick of the wrists that produced a goal Sunday afternoon that meant everything to his country.

Henderson was a spectacular surprise and the moment found him.

Crosby was no surprise. He was expected to do it. And when it didn’t seem as if he would produce the moment in an Olympic tournament that appeared determined to push him to the rear and make him something other than the main story, he did it anyway.

He found the moment. And therein lies the difference.

Steve Yzerman, who organized Team Canada 2010 and thus laid the blueprint for the country’s record-setting 14th gold medal at these Games, could tell you that.

Yzerman was one of the best Canadian-born players to don skates over the past quarter-century. He won Stanley Cups and Olympic gold medals.

But he never had a moment like the one Crosby produced on Sunday.

“He’s got a little bit of destiny to him,” Yzerman said, shaking his head slowly. “It’s another monumental moment in his career. He’s a special, special guy. Like (Wayne) Gretzky.”

Crosby’s overtime goal in the 68th minute came after a game in which he couldn’t have been described by anyone as the best player on the ice. Not even close. Teammates Rick Nash and Jonathan Toews both had wonderful games. That old smoothie on defence, Scott Niedermayer, too.

On the American side, centre Patrick Kane had been, according to Canadian coach Mike Babcock, “magic,” while U.S. goalie Ryan Miller was named tournament MVP before overtime even began.

Crosby had even botched a clean breakaway with three minutes left in regulation, hurried from behind by a hustling Kane.

Yet Crosby still decided it. An instant after beating U.S. defenceman Brian Rafalski off the boards and shrieking for the puck from linemate Jarome Iginla, Crosby gathered a pass at the left circle slightly behind his left heel and, without looking or even seeing the result, whipped the winner between Miller’s legs.

As though he had been born for just that moment in Halifax on Aug. 7, 1987.

“I dunno about that,” he said, blushing. “But I dreamed of this moment.”

That a remarkable, two-week international sports festival produced this conclusion seemed almost overkill. See, while the suggestion had been for months, years really, that nothing Canada could accomplish at the Vancouver Games would ease the national angst if the men’s hockey team wasn’t victorious, that proved not to be the case at all.

The U.S. could have won the gold-medal game — heck, only Roberto Luongo’s shoulder getting in the way of a Joe Pavelski drive in OT stopped it from happening — and these Olympics would still have been proclaimed a joyous, wondrous success.

The 13 golds that preceded the hockey victory proved there were other sports in which Canadian men and women could not only rise to the challenge, but also capture the imagination of the country. We fell in love with Maelle Ricker, the Hamelin brothers, Jon Montgomery and, of course, Joannie Rochette.

It was a Games that didn’t require a signature moment because before the hockey game even began, that signature had already been provided by the spirit and organizational excellence of the event.

Plus, of course, all those gold medals.

Still, Canadians naturally wanted the hockey gold. Bad. Birthright and all that, although there’s a generation of post-Lake Placid Americans who clearly have started to believe that birthright is shared every bit as much as the continent is.

They sure contested the gold-medal game that way. After Crosby missed his breakaway late, Zach Parise — son of a member of Team Canada ’72 — shocked the arena and the country by tying it 2-2 with 25 seconds left in regulation.

But in a four-on-four OT session played in such a pleasingly aggressive way by both countries that you knew it couldn’t last long, Crosby ended it, and then it was a blur. A mob around Sid the Kid. Shattered Americans receiving their silver medals. Crosby the last Canadian to get his from IOC boss Jacques Rogge. Drew Doughty, then Scott Niedermayer, then Luongo, then Crosby skating around the ice with a giant Canadian flag tied to a 20-foot-long pole.

“We said going into the dressing room after the third that it would just feel better when we scored in overtime,” said Crosby’s linemate, Eric Staal. “It sure did.

“This country loves sport and loves hockey and loves hockey players. For us to be able to come to Vancouver and deliver is pretty awesome.”

One Canadian player after another agreed that Crosby was the appropriate hero.

“He’s the face of hockey in Canada. On this stage, he stepped up and scored a huge goal for Canada,” said Staal. “People are going to remember that. For a long time.”

To attach meaning to such events is always the challenge and often a fool’s pursuit. This wasn’t redemption for Canada, or the end of a drought, or victory over a hated foe.

What this was, in retrospect, was a national drama similar in many ways to ’72, played out over 14 days at the greatest hockey tournament ever held. Over that fortnight, Canada celebrated and agonized on a shift-by-shift basis. New stars emerged. Toews, for example, was seen as a spare part coming in, a player “who might check a bit,” according to Yzerman, and emerged with a heightened reputation in the sport and the country.

A devastating loss to the U.S. in the preliminaries was the turning point. It gave Canada an extra game against Germany to “sort things out,” as Babcock said, and to make a controversial goaltending change to Luongo that proved to be the correct one.

There were no great lessons learned. Just greatness in one athlete confirmed.

Of course.

Saturday, February 27, 2010

Taxes Taxes And More Taxes



At first I thought this was funny....Then I realized the awful truth of it.

Be sure to read all the way to the end!

Tax his land,
Tax his bed,
Tax the table
At which he's fed.

Tax his work,
Tax his pay,
He works for peanuts
Anyway!

Tax his cow,
Tax his goat,
Tax his pants,
Tax his coat.

Tax his tobacco,
Tax his drink,
Tax him if he
Tries to think.

Tax his car,
Tax his gas,
Find other ways
To tax his ass.

Tax all he has
Then let him know
That you won't be done
Till he has no dough.

When he screams and hollers;
Then tax him some more,
Tax him till
He's good and sore.

Then tax his coffin,
Tax his grave,
Tax the sod in
Which he's laid.

When he's gone,
Do not relax,
It's time to apply
The inheritance tax.

Accounts Receivable Tax
Airline surcharge tax
Airline Fuel Tax
Airport Maintenance Tax
Building Permit Tax
Cigarette Tax
Corporate Income Tax
Death Tax
Dog License Tax
Driving Permit Tax
Environmental Tax (Fee)
Excise Taxes
Federal Income Tax
Federal Unemployment (UI)
Fishing License Tax
Food License Tax
Gasoline Tax (too much per litre)
Gross Receipts Tax
Health Tax
Hunting License Tax
Hydro Tax
Inheritance Tax
Interest Tax
Liquor Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Mortgage Tax
Personal Income Tax
Property Tax
Poverty Tax
Prescription Drug Tax
Provincial Income and sales tax
Real Estate Tax
Recreational Vehicle Tax
Retail Sales Tax
Service Charge Tax
School Tax
Telephone Federal Tax
Telephone Federal, Provincial and Local Surcharge Taxes
Telephone Minimum Usage Surcharge Tax
Vehicle License Registration Tax
Vehicle Sales Tax
Water Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax
--- and in 2010 the HST

STILL THINK THIS IS FUNNY?

Not one of these taxes existed 100 years ago, & our nation was one of the most prosperous in the world. We had absolutely no national debt, had a large middle class, and Mom stayed home to raise the kids.

What in "Hell" happened? Can you spell 'politicians?'

Friday, February 26, 2010

Pescod Talks about...

ENTERRA ENERGY
(T-ENT.UN)
$2.94 -0.01
BELLATRIX EXPL.
(T-BXE)
$3.79 -0.05
STERLING RESOURCES
(V-SLG)
$1.94 -0.06
We love asking the question to some of our favourite ana-
lysts, market commentators and the like, “If you could buy
only one stock today, what would it be?”
Well needless to say, commodity prices change on a daily
basis, companies discover new assets (or lose new assets),
countries change the rules and you name it. It’s an ongoing
flux of parameters to decide what your favourite pick might
be.
It gets a little easier though when you ask a person what
your top three might be and one of the hottest stock pickers
in the oil and gas sector over the last while, has been Kevin
Shaw of Wellington West. Shaw has been the one who first
came up with the importance of the Cardium plays in Al-
berta. It seems every time he mentions something, you had
to own...you had to own it.
For those who were brave enough a year ago, and
stepped into the market in the natural resource sector, you
have been amply rewarded...Now though, things are little
closer to whatever normal is. So it’s going to be much
tougher to get some of the returns that those brave folks
achieved a year ago.
It’s over to Kevin Shaw, as we ask him to bring us up-to-
date on what his three favourite picks are:
“In the domestic space ENTERRA Energy (soon to be
rebranded as “Equal Energy” upon conversion to a corpora-
tion) is an extremely cheap emerging midcap (i.e. ~10,000
boepd) with 55% oil + liquids weighting, a new team at the
helm, and 500+ development locations (95% horizontal)
across multiple resource plays….they are currently focusing
on their oil plays.
Near-term catalysts are focused on “Cardium” & early
stage emerging “Circus Viola” oil play. Currently testing 1st
Circus hztl & drilling 2nd hztl. Two Cardium hztls to spud in
late March; 79 hztls on these two oil plays alone.
Hztl tests to kick-off at Dina PPP oil pool. ENT plans to
drill two horizontal wells in light ~26 mmbbl OOIP PPP pool
post 2010 break-up; sets up potential 16+ well develop. @
~70% WI.
Reactivating liquids-rich Hunton resource play a focus in
2010. From a “Bluesky” perspective, ENT could quadruple
booked 2P reserves based on full development of
300+ hztl locations at Hunton; Up to 12-well program ex-
pected to start in Q2/10.”
BELLATRIX and STERLING are also still great buys for
both the short-term & long-term (i.e. great value plays)…but
you guys know the story on these ones already.

CGX ENERGY
TAG OIL
We’ve mentioned over the last couple of days, some of
the high risk/high reward plays that Josef Schachter has
on his radar screen as far as companies that should they
hit on one of the high impact plays, could see their stock
trade dramatically higher...if they do hit.
On our own list of high risk/high reward plays or our
high impact list, there are two that Schachter doesn’t fol-
low.
CGX Energy is one that we’ve been following ever since
a border dispute between Suriname and Guyana exploded.
Those problems have now been resolved and later this
year, little CGX Energy will be drilling the first of many
targets. The suggestion by many is that they have 11 tar-
gets bigger than 100 million barrels with two that could
close in on a billion barrels. Sometime soon, little CGX
has to get a financing done which means they will be up to
200 million shares outstanding, which means sooner or
later, they better hit on one of the big guys.
Our second nominee is Tag Oil, for the simple reason
Clive Stockdale was the guy who came up with Ultra Pe-
troleum, a story which became a 100-bagger. If he thinks
Tag Oil is going to be one of the exploration plays of the
year—so do we! President Kerry Sully is on an IR trip to
Europe that last few days and it looks like it is attracting
investor interest.

PANWESTERN ENERGY
(V-PW)
More and more people are finding a good formula in the
oil and gas patch is to find an experienced oil team and
simply follow it. Sometimes they will go through a couple
of companies in a career, but there’s an awful lot of people
following Abby Badwi as he has put together with Doug
Urch, one heck of a team at Bankers Petroleum.
It’s become a huge success and before that, they had
another success with heavy oil in Egypt. The question is,
is Abby going to retire some day and count his money? Or,
is he going to stay in a business that he’s becoming so
successful at?
The suggestion by some is that sometime in the next
year, Bankers gets sold and Abby’s going somewhere else.
So it was interesting to see the pop in PanWestern Energy in
the last couple of days when it was announced that Abby
had joined their board.
When we finally get a hold of Abby, he e-mails us this
answer as to what his plans are. He simply responds:
“PanWestern is the new vehicle of a proven management
team led by Jim McFarland of Verenex. They will be going
international. Put it on your radar screen.”

Wednesday, February 24, 2010

You Got Nice House

Hung Chow calls into work and says,


'Hey, I no come work today, I really sick . Got headache, stomach ache and legs hurt, I no come work.'

The boss says, 'You know something, Hung Chow?

I really need you today. When I feel sick like you do, I go to my
wife and tell her to give me Sex.

That Makes everything better and I go to work.. You try that.'

Two hours later Hung Chow calls again.
'I do what You say and I feel Great. I be at work soon.........
You got nice house :-)