7/5/12

Thomas Schuster & Dig Media, an unbiased, independent source of paid-for promo pump bullshit

Now here's a thing. On this post a couple of days ago that covered price action in Barkerville Gold (BGM.v) one of the commenters left a link and excerpted this piece by one Thomas Schuster that sang the praises of Barkerville Gold (BGM.v). It was published at a website called "Resource Investing News" that proudly claims to be...

"Your source for unbiased, independent news and information on the resource market". 

...at the top of every page. Snappy, huh? So anyway, you get to read this puff piece about the dubious looking 10.6m oz gold resource just uncovered by BGM.v, you read all about Thomas Schuster at the end of the note and then, right at the bottom you also read...
Barkerville Gold Mines is a client of Dig Media. Dig Media was paid a fee for the creation and dissemination of this commentary.
Oh that's interesting, run that by me again yeah? We have "unbiased, independent news" on BGM.v written to order for Dig Media, a company that's paid to produce said article by...BGM.v. And it's unbiased. And it's independent. 
(owly added by popular request)

BUT WAIT! THERE'S MORE! If you start sniffing around the interwebnetpipes you also find that Resource Investing News ran a piece written by Thomas Schuster on Helio Resource Corp (HRC.v) that was very complimentary about that company. At the end we read:
Helio is a client of Dig Media. Dig Media was paid a fee for the creation and dissemination of this commentary.

Then you also find that Resource Investing News ran a piece written by Thomas Schuster on Kivalliq Energy (KIV.v) that was very complimentary about that company. At the end we read:
Kivalliq is a client of Dig Media. Dig Media was paid a fee for the creation and dissemination of this commentary.

Sniff a bit more and you find Resource Investing News ran another note written by Thomas Schuster on Kivalliq Energy (KIV.v), also complimentary about that company. At the end we read:

Kivalliq is a client of Dig Media. Dig Media was paid a fee for the creation and dissemination of this commentary.

And let's not forget about the time Resource Investing News ran a piece written by Thomas Schuster on Canyon Copper Corp (CNC.v) that was, shock horror, very complimentary about that company. At the end we read:
Canyon Copper Corp. is a client of Dig Media. Dig Media was paid a fee for the creation and dissemination of this commentary.

And all of those reports just in 2012, folks. All client companies of Dig Media and all of them appearing in that famous house of unbiased, independent news, Resource Investing News. My that Thomas Schuster sure racks up the coincidences doesn't he? Think about that next time you consider a trade in Barkerville Gold (BGM.v), won't you?