Monday, November 19, 2007

Mike Schaeffer's Favorite CBM Stock
Having read through the May 23rd newsletter "Energy and Capital," we were astounded to read about Mike Schaeffer's favorite coalbed methane (CBM) stock, Pacific Asia China Energy (TSX: PCE). The widely read CBM guru aggressively argues PCE will become a major winner for his subscribers, telling his subscribers, "The bottom line: PCE is a dreamboat company…All the pieces are falling into place. The only thing you need to do is sit back and enjoy the ride up."
What pieces is Schaeffer talking about? Prior to his initial recommendation of Pacific Asia China Energy (acronym is PACE; ticker is PCE.V), the stock quickly doubled on (a) anticipation of drilling and (b) Schaeffer's recommendation of this stock. Those who have closely followed Schaeffer have come to realize he has one of the best eyes for a CBM deal before the company rockets up the stock charts. And they do take off.
The initial drilling amazed Schaeffer (and us). He wrote in his recent recommendation, "PACE examined twenty coal samples from nine seams. When they did, they found that the initial gas content was high … much higher than they expected. In fact, in only 6 days (out of the originally planned 60 days) of drilling, PACE was able to confirm Sproule's "most likely" estimate of 5.2 TCF. In other words, it's almost a shoe-in that PACE will be able to extract much more gas than outlined by Sproule."
Let's clarify what Schaeffer is talking about. Sproule International is a Calgary-based engineering company, which evaluates the economic viability of many of the world's CBM projects. Many consider Sproule to be the leading CBM resource evaluation firm. They were among the first to negotiate joint venture research projects with the Chinese, through the state-owned China United Coalbed Methane (CUCBM). TCF is a trillion cubic feet. In an earlier interview with Eric Nuttall, a research analyst with Sprott Asset Management, which has a stake in PACE, Nuttall explained that each TCF might equate to $1 billion in market capitalization (and of course warning of various discounts with regards to developing projects elsewhere, maturity of a project, etc). Using Nuttall's appraisal method of $1 billion for 1 TCF, and PACE, according to both Schaeffer and Sproule, might have five times that. Well, we're not going to print anything that could be construed as a price target here, but the math is not rocket science.
Schaeffer appraised PACE's potential market capitalization relative to Great Eastern Energy, which trades on London's AIM stock exchange. He wrote, "In comparison, Great Eastern's in place methane resource is only 1.4 TCF, nearly a quarter of PACE's resource, and the company has a market cap of more than C$308 million." (Editor's note: PCE's market cap is about 30% of that). Schaeffer concluded, "Simple mathematics suggests that when compared to Great Eastern Energy, PACE is severely undervalued."
The PACE May 3rd news release, which caught our eye, announced Dr. David Marchioni as the company's new Vice President of Exploration. The same news release announced Tunaye Sai as the company's new president. Five days later, the company announced its results. Both Mr. Sai and Dr. Marchioni were in China, during the drill program. It appears Dr. Marchioni, whose name is well respected in Canadian CBM circles and in the United States, wanted to ensure the Guizhou property's CBM potential had the economic permeability he desired. In our previous interviews with Dr. Marchioni, he repeatedly emphasized the property must have a certain level of permeability for it to be economic. The Boatian-Qingshan property's (in Guizhou province) CBM permeability level appears have sufficiently satisfied Dr. Marchioni to accept the exploration vice-presidency.
As Mike Schaeffer wrote in his opening paragraph, "Any lingering uncertainties that Pacific Asia China Energy won't soon become one of the most prominent coalbed methane companies operating in China should be long left in the dust." That statement carries even more weight when you consider that Schaeffer reaches that conclusion in the context that some of those "other prominent CBM" explorers include Chevron-Texaco and Conoco-Phillips.
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James Finch contributes to StockInterview and other publications. Sign up for all of James Finch's articles by visiting http://www.stockinterview.com. Write to James Finch at jfinch@stockinterview.com
More information about the featured company can be found at
http://www.pace-energy.com


What is the Right Debt Consolidation Program for You?
Life is no bed or roses, we all know this but there is no reason why you should stay in a state of anxiety if you have financial worries. Be sure of the fact that you are not alone in that most dreary of circumstances. That is unless you rub shoulders with celebrities and millionaires and have the bank balance to justify it. Alas, you can't wave the magic wand and make that wish come true so you must deal with it somehow. While you do this you will sooner or later come to look at debt consolidation as an option for you to consider. As you ponder over it you will probably weigh up the pros and cons and decide it is an option you would like. However you will then find that there are many programs available by many different companies and finding the one that matches your circumstance is something you must investigate fully.
Debt Consolidation programs are much like choosing what type of car you want to drive. When you choose a car you normally do so because you need transport to take you from place to place in a fast, easier and convenient manner. This is the same approach you should take with Debt Consolidation. It has to be something that will fit easily and conveniently and that fits your lifestyle.
Once you have drawn up a list of debt consolidation programs you are on your way to choosing a solution that could relieve you from the financial burden blighting your life. This is great, but don't forget that it is not something that comes for free, so you must choose the right one. Therefore, once you meet up with a debt consolidation specialist the first thing to establish is your financial history like, for example, how much debt you owe. From this the specialist will be able to determine the right kind of program his or hers company can offer you. Secondly the specialist will need to ascertain what your income level is like. This will help determine how much you will be able to repay each month. In each step you will have the option to decide whether the program best fitting your circumstances is also agreeable to you. But if you are not sure what to do, you will find that the debt consolidation specialist have plenty of expertise matched with experience and will be able to guide you to the right decision.
You will soon grasp the one good thing that debt consolidation program have in common. And this is that whichever one you choose you will no longer have to deal with your creditors. All these programs will free you from receiving phone calls and letters for loans and bills that you have not been able to pay due to your overwhelming financial commitments. This is wonderful because finally you will be able to stop worrying about all those nagging creditors and concentrate to do other things like earning more money and put yourself on the road to full financial recovery.
Choosing the right debt consolidation program is an important task so it is imperative that you pore over the various options very carefully to make sure you get the one that will give you the piece of mind that you deserve. Make sure you take the time to study each one with the help of your specialist as well as researching it for yourself using the Internet and asking the opinions of family or friends who have taken one up themselves in the past. The more informed you are the more likely it will you will make the right

James Ross is the editor of The Truth About Debt Consolidation a website aimed at helping you with debt consolidation. For more articles and information please find out more at Debt Consolidation Help


Strategies for Successful Grant Writing
In the wonderful world of fundraising, there are countless opportunities for an organization to raise money for their respective charities. While some creative thinking will set your organization apart from your competitors, traditional grant writing is an area we advise our clients to focus on. Most major corporations, in America and beyond, have grants that your organization would be eligible for.
Grants are one of the most overlooked aspects of fundraising. For many organizations, the grant application process can be overwhelming. Most organizations are working within tight budgets and timelines, and it can be challenging to allocate the necessary resources to grant research. While it may seem logical to devote resources to new fundraising initiatives, traditional grants should not be overlooked in favor of the latest fundraising trends. It's all about creating multiple income streams for your organization.
Preparation is the key to fundraising success. We cannot stress this point enough. The prospect of writing an extensive dossier on the relative merits of your charity can be a daunting task, but if you have done your research and preparation it will undoubtedly pay off. The best advice we can give you is to devote some time to researching available grants in your niche. Before attempting a first-draft, be sure that you understand the guidelines of the grant-maker. Once the research has been completed, the easy part is drafting the grant proposal and application.
A well-written grant proposal is absolutely critical for success. Be concise. Stay focused on your message. What will set your organization apart from the others? You must establish that your organization has a legitimate need of the highest priority within the first paragraph of your proposal, in order to capture the interest of your potential donor. Remember, that your proposal is but one of potentially hundreds. You have only one chance to convince them that your organization deserves their kind assistance. Get it right…the first time!
We are continually amazed at how many of our clients become intently focused on the minutiae of their projects at the expense of clarity. There are a few core issues you must address in your proposal. Who are you, and what organization do you represent? What factors determine your eligibility for the grant in question? What is the problem your organization hopes to address? Who stands to benefit from your efforts? What are your specific objectives, and how will the grant support your organizational needs? How will you monitor and track the results of your efforts? How does your grant request tie in with the overall goals of your potential donor? Answer these pertinent questions, and you will be well on your way to a successful grant proposal.

Michelle Pearson is a fundraising professional with over 15 years of experience in the non-profit sector. She is also a regular contributor to the internet's preeminent fundraising magazine, fundraisingknowhow.com – a wonderful website with creative fundraising ideas, fundraising books, fundraising tools and more.