UPDATE Sunday morning 6:40am. We welcome back power supply. An interesting day of catch-up writing awaits your author.
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UPDATE Sunday morning 6:40am. We welcome back power supply. An interesting day of catch-up writing awaits your author.
UPDATE: And this story gets better, as apparently his assaltant was Graham Harris, the piece of crap ex-Canaccord dude who ripped off the market via the ATW Gold (ATW.v) disaster and used his inside knowledge about how bad his company was doing to sell out his shares on prior knowledge before the worst happened to the stock....and not report his sales until much much later when all damage was done. We hear he's now running his promo pump on an iron ore thing up North called CapEx Ventures (CEV.v) and has suckered in the usual sheep to help the pump. It would seem Mr. Fulp isn't one of those.
UPDATE 2: And the good news is...
- Justin Bieber is NOT cool. not even close.
- Lady Gaga is NOT cool, gimme a break.
- The Pop Idol du jour, Adele, 50 Cent, Led Zep, David Bowie, Radiohead... ALL NOT COOL
And death has now begun.
"Mr. Shearing founded and is currently CEO and President of Soho Resources Corp., a TSX Venture Exchange listed mineral exploration and development company."
- East Asia Minerals (EAS.v) at Miwah
- NadaGold (NG) (NG.to) at Galore Creek
- NadaGold (NG) (NG.to) at Donlin Creek
- Andina (ADM.v) at Volcan
- Sunward (SWD.v) at Titiribi
- Eco Oro (EOM.to) at Angostura
- Exeter (XRC.to) (XRA) at Caspiche
- International Tower Hill (ITH.to) (THO) at Livengood
So have a good think and plump for your choice, then check out the answer below.
The answer is Sunward (SWD.v) at Titiribi. It's the only one with a realistic chance of ever becoming a mine.
Therefore, without further ado we offer up the NR out last night from Regulus Resources (REG.v) and Pachamama Resource (PMA.v):
This is what they wrote
Regulus and Pachamama Announce Agreement to Merge, Proposed Financing and New Drill Results
WATERDOWN, ONTARIO--(Marketwire - Feb. 8, 2012) -NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATESRegulus Resources Inc. ("Regulus")(TSX VENTURE:REG) and Pachamama Resources Ltd. ("Pachamama")(TSX VENTURE:PMA) are pleased to announce the signing of a binding letter of intent dated February 8, 2012 (the "LOI") that provides for a merger of the two companies (the "Merger"). Regulus and Pachamama each own a 50% interest in the Rio Grande copper-gold porphyry project in Salta Province, Argentina. The two companies also intend to complete an equity financing of a minimum of $20 million in conjunction with the Merger in order to carry out the next phase of exploration on the Rio Grande project. First Quantum Minerals Ltd. ("First Quantum", FM TSX) has agreed to subscribe for that number of units of the proposed financing that will result in First Quantum owning 9.9% of the merged company. First Quantum currently owns approximately 9.9% of the outstanding shares of Regulus and no shares of Pachamama.Wayne Hewgill, President of Regulus, and John M. Leask, President of Pachamama, commented as follows:"The objective of the proposed merger is to combine our respective 50% interests in the Rio Grande copper-gold porphyry project in Argentina into one company. This will better position us to move forward with an aggressive drill program in 2012 to test the recent high- grade discovery hole (RGR-11-086) encountered in the Southwest Zone (see press releases of each of Regulus and Pachamama issued Dec 14, 2011) and to test other priority target areas on the property. Exploration to date has demonstrated that Rio Grande is a large, mineralized porphyry system that warrants an extensive drill program. Management of both companies believe that unitizing ownership of the Rio Grande project into a single company will enhance value for both Regulus and Pachamama shareholders as exploration of Rio Grande is aggressively pursued. We are delighted to have the support of First Quantum for this transaction. We intend to proceed quickly to complete the documentation and to call shareholder meetings as required to approve the Merger."While management of both companies are strongly supportive of the proposed Merger, readers are cautioned that completion thereof is subject to several conditions including execution of formal documentation, regulatory approvals including approval of the TSX Venture Exchange (the "TSXV"), shareholder approvals, confirmatory diligence and closing of the proposed financing. No assurance can be given at this time that the proposed Merger will be completed or that the terms of the Merger and financing will not change materially from those described below.Merger TermsThe LOI provides that the Merger will be based on the relative valuations of Regulus and Pachamama as agreed to by management of the two companies. Most of the value of each company is derived from its respective 50% interest in the Rio Grande project. After adjustments to account for estimated current working capital balances and for value ascribed to other assets of each company, an exchange ratio of 0.815 shares of Regulus for each share of Pachamama has been agreed to. If there is a difference in the financial information on the date of execution of the definitive agreement in respect of the Merger that would result in a difference in the foregoing exchange ratio of greater than 0.001 of a share; the parties have agreed to adjust the exchange ratio to reflect such difference.The specific structure of the Merger has not yet been finalized but the parties will agree on the best way to effect the Merger having regard to all applicable corporate, tax and securities issues, including applicable laws and regulations in Argentina.Financing TermsRegulus and Pachamama intend to complete an equity financing (the "Financing") in conjunction with the Merger of a minimum of $20 million. The proposed Financing will be in the form of subscription receipts of Regulus at a price of $1.15 per subscription receipt, which will convert into units of the resulting issuer. Each unit will consist of one share and one half of a common share purchase warrant. The warrants will be exercisable at $1.60 for a period of 24 months from closing of the Financing into escrow. Proceeds from the Financing will be placed in escrow on closing of the Financing and will be released to the Resulting Issuer upon closing of the Merger.First Quantum has agreed to subscribe for that number of units of the proposed Financing that will result in First Quantum owning 9.9% of the resulting issuer. First Quantum currently owns approximately 9.9% of the outstanding shares of Regulus and no shares of Pachamama. The resulting issuer will also grant First Quantum a contractual pre-emptive right to maintain its 9.9% equity interest in the resulting issuer in the event of future financings.Regulus has retained Dundee Capital Markets to lead this Financing and the syndicate will also include Axemen Resource Capital Ltd.About The Resulting IssuerName and Stock Exchange ListingThe parties have agreed that the resulting issuer will retain the name of Regulus Resources Inc. Regulus will apply to list the common shares issuable in connection with the Merger and the Financing on the TSX.V upon completion of the Merger.Share CapitalBased on the current share capital of Regulus and Pachamama, the resulting issuer will have approximately 76,687,365 million shares outstanding at closing of the Merger (not including the proposed Financing). All outstanding options of Pachamama will be exercised immediately prior to the effective date of the Merger.Senior ManagementThe proposed executive officers of the resulting issuer will be as follows:Chief Executive Officer: John Black.Mr. John Black is an economic geologist with 30 years of global exploration experience. He received his Master's degree in Geology - Ore Deposits Exploration from Stanford University in 1988. Mr Black was most recently the President and CEO of Antares Minerals Inc. ("Antares") a position he held from May of 2004 until the sale of Antares to First Quantum in December of 2010. Prior to his work with Antares, Mr. Black was Western Mining Corporation's Technical Exploration Manager for porphyry copper exploration in Chile and Peru, and Principal Geologist for Rio Tinto, Kennecott's parent corporation, exploring for porphyry copper deposits in northern Chile and Ecuador.Chief Operating Officer: Wayne HewgillMr. Hewgill is a Professional Geoscientist with over 25 years of experience in the mineral exploration industry in Canada, Australia, New Zealand, Zimbabwe and South Africa. He has been the President and CEO of Regulus from December 2010 to the present. Prior thereto he was Vice President, Corporate Development with Antares and before that he spent five years as a mining analyst for two Canadian financial institutions focusing on early and advanced stage exploration companies. He holds a B.Sc. in Geology from the University of British Columbia and is registered as a Professional Geoscientist (P.Geo) with APEGBC.Chief Financial Officer: Mark WayneMr. Wayne is a former lawyer and he holds a Chartered Financial Analyst designation. He has raised money for, and has served as a director or officer of, a number of public and private companies in the mining, oil and gas and technology sectors. Mr. Wayne was a co-founder and the Chief Financial Officer of Antares until its sale in 2010.Advisory Board - Technical Committee Chairman: Dr. Kevin B. HeatherThe resulting issuer expects to form a Technical Committee in order to provide additional technical expertise to the company. Dr. Kevin B. Heather has agreed to serve as Chairman of the Technical Committee. Dr Heather is an economic geologist with more than 30 years of field experience in North and South America. He received a BSc. (honours) degree in geology from the University of British Columbia in 1982, a MSc. degree in geology from Queen's University in 1985, and a PhD. degree from the University of Keele (Keele, England) in 2001. Dr. Heather served as VP Geology with Antares from 2004 until the sale of Antares in 2010. Prior to that, Dr. Heather worked as a consultant and as geologist for Barrick Gold and Anglogold Ashanti.Dr. Heather in conjunction with company management will look to add new members with a special focus on adding recognized geological, metallurgical, and engineering professionals to the committee to guide advancement of the Rio Grande project.Board of DirectorsThe LOI contemplates that the Board of Directors of the resulting issuer will initially consist of five members, namely John Black, Mark Wayne and Jim McDonald, each of whom is currently a director of Regulus, and John Leask and Gordon Leask, each of whom is currently a director of Pachamama. Brief bios of the non-management directors are as follows:John M. Leask: DirectorJohn Leask has a Bachelor of Applied Science degree in geological engineering from the University of British Columbia and is a Professional Engineer. He has served as a director of Mansfield Minerals Inc. since June 1998 and as president of Pachamama since its inception in 2008. Mr. Leask was the President and CEO of White Knight Resources Ltd. until its takeover by U.S. Gold Corporation in 2007. Mr. Leask has 30 years of experience in the exploration and mining business at all levels.Gordon. P. Leask: DirectorGord Leask has a Bachelor of Applied Science degree in geological engineering from the University of British Columbia and is a Professional Engineer. He has served as President of Mansfield Minerals Inc. since 1991 and was a director of White Knight Resources Ltd. until its takeover by U.S. Gold Corporation in 2007. Mr. Leask has over 26 years' experience in the exploration and mining business.James McDonald, B.Sc., P Geol.: DirectorMr. McDonald began a 25 year career in the mining industry working as a project geologist with Noranda Explorations Ltd. Mr. McDonald has been a founding member in developing several successful junior exploration companies such as White Knight Resources, Black Bull Resources and National Gold (now Alamos Gold Inc.). Mr. McDonald is currently the President and CEO of Kootenay Gold Inc.Break FeeEach company has agreed to pay the other company a break fee of $1.2 million if the proposed Merger is not completed because the parties fail to recommend to their respective shareholders to vote in favour of the Merger at a duly called meeting of shareholders, or a party accepts a proposal to complete an alternative transaction.Lock-UpsEach of the directors or officers has agreed to enter into lock-up agreements to irrevocably support the Merger. Collectively the directors and officers of Pachamama, following exercise of all options, will hold 8,424,536 Pachamama shares (17.5%) and the directors and officers of Regulus hold 2,607,719 Regulus shares (7.1%).Business of the Resulting IssuerOn successful completion of the Merger, the resulting company will focus on the exploration and development of its 100% owned Rio Grande copper-gold porphyry project. Rio Grande is located in the Puna region of Salta Province, northwestern Argentina, approximately 450km west of the city of Salta. Mineralization occurs within a distinct 2-km diameter ring-shaped fracture zone that was the focus of the pre-2011 drilling. In December, 2011, Regulus and Pachamama announced the results of an initial 43-101 resource estimate on the property, based on drilling to the end of 2008. The resource estimate included 637,025 oz gold and 416 million lbs copper in the indicated category and 1,002,458 oz gold and 674 million lbs copper in the inferred category.To view Table 1: Resource Highlights, please visit the following link: http://media3.marketwire.com/docs/208table.jpg.Recent Results at Rio GrandeOn December 14, 2011, Regulus and Pachamama released results from five additional drill holes from the current 15,000 metre drilling program at Rio Grande. These include results from drill hole RGR-11-86 which discovered a new gold-rich, high-grade copper-gold zone. Specifically, drill hole RGR-11-86 intersected three main mineralized intervals, including the best intercept encountered to-date at Rio Grande, as follows:1) An upper, gold-dominant oxide zone of 49.60 metres with 0.26% Cu, 1.34 g/t Au, and 3.10 g/t Ag starting at a depth of 64 metres.
2) A zone of gold-rich, high-grade copper-gold-silver sulphide mineralization starting at a depth of 293 metres with an interval of:
3) A lower copper-gold-silver-molybdenum sulphide zone with 120 metres containing 0.33% Cu, 0.34 g/t Au, 5.95 g/t Ag, and 0.011% Mo (0.61% Cu Eq) starting at a depth of 598 meters.
- 257.2 metres grading 0.53% Cu, 1.20 g/t Au, 1.59 g/t Ag (1.19% Cu Eq or 2.39 g/t Au Eq ) including
- 54.5 metres with 1.34% Cu, 4.52 g/t Au, and 2.68 g/t Ag (3.79% Cu Eq or 7.58 g/t Au Eq).
This hole is considered a significant breakthrough at Rio Grande and future drilling will focus primarily on delineating this new zone.The above samples were analysed with the following methods: Au - 30 g FA with AA Finish, Cu - four acid digestion for trace Cu and four acid digestion and AAS for ore grade Cu, 35 element Aqua Regia ICP-AES.New Drill ResultsRegulus and Pachamama hereby announce results from five previously unreported drill holes from the current 15,000 metre drilling program Rio Grande.Results are presented from drill holes RGR-11-087 through RGR-11-91. The more significant results include the following:
- RGR-11-087 - Intersected a strongly altered diorite intrusive with broad low-grade Cu- Au mineralization averaging 0.13 g/t Au and 0.08% Cu over 150 metres. Lithology and alteration are distinctly different from nearby drill hole RGR-11-086 and more closely resemble the strongly altered central portion of the system.
- RGR-11-088 - Encountered a new zone of oxide gold m ineralization with 104.5 metres averaging 0.66 g/t Au beginning at the surface, including 35 metres with 1.03 g/t Au. This is the second intercept of near-surface oxide gold mineralization found in the Southwest Zone. This new near-surface zone may relate to similar mineralization in the upper portion of drill hole RGR-11-086, 550 metres to the south.
- RGR-11-091 was lost at 500 metres depth in Cu-Au mineralization due to mechanical issues. The hole ended in increasingly strong fine grained disseminated copper sulphide mineralization with 11.3 metres averaging 0.57% Cu, 0.48 g/t Au and 3.47 g/t Ag.
RGR-11-087 SW Zone From To Metres Cu Au g/t Ag g/t Cu Eq Mineral Zone TD- 969.50
264.00 274.00 10.00 0.05% 0.24 0.24 N/A Oxide RGR-11-088 Central From To Metres Cu Au g/t Ag g/t Cu Eq Mineral Zone TD - 1115.60
2.00 106.50 104.50 0.09% 0.66 1.40 N/A Oxide
including 71.50 106.50 35.00 0.04% 1.03 2.54 N/A Oxide RGR-11-090 Central From To Metres Cu Au g/t Ag g/t Cu Eq Mineral Zone TD 966.80
195.00 228.00 33.00 0.14% 0.28 0.55 0.28% Oxide RGR-11-091 Central From To Metres Cu Au g/t Ag g/t Cu Eq Mineral Zone TD 501.70
263.00 297.00 34.00 0.07% 0.25 5.81 N/A Oxide
392.00 498.00 120.00 0.28% 0.32 1.48 0.46% Sulphide
including 486.70 498.00 11.30 0.57% 0.48 3.47 0.86% SulphideTable 2: Assay results RG-11-087 to RGR-11-091Advisors and CounselRegulus' financial advisor is Dundee Capital Markets and its legal counsel is Burnet, Duckworth and Palmer LLP. Pachamama's financial advisor is Axemen Resource Capital Ltd. and its legal counsel is McCarthy Tétrault LLP.About Regulus Resources Inc.Regulus Resources Inc. (TSX VENTURE:REG) is a mineral exploration company formed in December, 2010 in connection with the sale of Antares to First Quantum Minerals Ltd. (TSX:FM). Regulus is currently exploring the Rio Grande copper-gold porphyry project in Salta Province of NW Argentina on a 50/50 joint-venture basis with Pachamama.About Pachamama Resources Ltd.Pachamama is a mineral exploration company which was formed in October 2008 as a spin-out from Mansfield Minerals Inc (TSX VENTURE:MDR). The principle asset of the company is its 50% interest in the Rio Grande copper-gold porphyry project in Salta Province Argentina. The company has the same managemnt team as Mansfield Minerals Inc.About First Quantum Minerals Ltd.First Quantum (TSX:FM)(LSE:FQM)(LuSE:FQMZ) is a rapidly growing mining and metals company with two operating mines in Zambia and Mauritania. First Quantum also has five development projects in Australia, Finland, Zambia and Peru. The company currently produces copper and gold from the Kansanshi Mine in Zambia and the Guelb Moghrein Mine in Mauritania. First Quantum expects to be among the global leaders in nickel production once its Ravensthorpe and Kevitsa projects are in steady-state production in 2012.All of Regulus' exploration programs and pertinent disclosure of a technical or scientific nature are prepared by, or under the direct supervision of, Wayne Hewgill, P.Geo, and Regulus' President, who serves as Regulus' qualified person (QP) under the definitions of National Instrument 43-101.All of Pachamama's exploration programs and pertinent disclosure of a technical or scientific nature are prepared by, or under the direct supervision of, John M. Leask, P.Eng., President and CEO of Pachamama, who serves as Pachamama's qualified person (QP) under the definitions of National Instrument 43-101.Regulus' security, chain of custody and quality control is described on their website and can be reviewed at: http://www.regulusresources.com/BestPractices/SamplingMethodologies.aspxForward Looking InformationCertain statements regarding Regulus and Pachamama, including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve known and unknown risks and uncertainties, most of which are beyond Regulus' and Pachamama's control. Often, but not always, forward-looking statements or information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate" or "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.Specifically, and without limitation, all statements included in this press release that address activities, events or developments that either Regulus or Pachamama expect or anticipate will or may occur in the future, including the proposed merger and financing as described herein, and management's assessment of future plans and operations and statements with respect to the completion of the anticipated drilling program, may constitute forward-looking statements under applicable securities laws and necessarily involve known and unknown risks and uncertainties, most of which are beyond Regulus' and Pachamama's control. These risks may cause actual financial and operating results, performance, levels of activity and achievements to differ materially from those expressed in, or implied by, such forward- looking statements. Although Regulus and Pachamama believe that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correctRegulus and Pachamama do not undertake any obligation to publicly update or revise any forward- looking statements other than required by applicable securities law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
And this is what it means:
"As Ms. Agueci worked at GMP, any shares she personally held would be subject to review by the firm's compliance department. To get around this, Ms. Agueci bought the stock in an account that was in the name of her brother-in-law, Santo Iacono, the OSC says."
- Now, it might be a mere coincidence that Mister Santo here has the same last name as our much-adored provider of lawyers' fees, Serafino Iacono. The Googlything doesn't show a family connection between Serafino and Santo, por ahora.
- And hey, it might just be a wild coincidence that GMP is the go-to financial advisor to a whole boatload of Serafino Iacono companies in Colombia such as Pacific Rubiales (PRE.to) and Gran Colombia Gold (GCM.to) (and there are more where they came from, all with direct connection to GMP).
- And hey, guess which financial house came to Serafino Iacono's rescue when his Alange Energy was caught bullshitting the market, saw its overhyped share price plummet, got a class action suit slapped on its ass and as part of the restructuring changed its name to Petromagdalena (PMD.v)? Yep, you've been guessing already haven't you, it's GMP.
“We’ve done extremely well by GMP. They have played a key role in our evolution to a world class, diversified oil and gas producer. Their remarkable expertise, execution skill and valuable relationships make GMP our advisor of choice.”
Co-Chairman, Pacific Rubiales Energy Corp.
We mused on it only yesterday in this post. Today's the day.
It's no longer a case of whether copper regains a 4-handle. It's a case of when. My guess on that is 'soon'.
|Feb 3/12||Feb 2/12||Santos, Paulo Alexandre||Direct Ownership||Common Shares||10 - Disposition in the public market||-250,000|
|Feb 3/12||Feb 2/12||Santos, Paulo Alexandre||Direct Ownership||Common Shares||51 - Exercise of options||250,000||$0.150|
|Feb 3/12||Feb 2/12||Santos, Paulo Alexandre||Direct Ownership||Options||51 - Exercise of options||-250,000|
|Feb 3/12||Feb 1/12||Yamana Gold Inc.||Direct Ownership||Common Shares||10 - Disposition in the public market||-9,000,000||$0.500|
|Jan 31/12||Jan 25/12||Salamis, George||Direct Ownership||Options||50 - Grant of options||500,000|
|Jan 27/12||Jan 25/12||Santos, Paulo Alexandre||Direct Ownership||Options||50 - Grant of options||250,000|
|Jan 26/12||Jan 25/12||Smith, Gregory F.||Direct Ownership||Options||50 - Grant of options||250,000|
|Jan 25/12||Jan 25/12||Reynolds, John||Direct Ownership||Options||50 - Grant of options||250,000|
|Jan 25/12||Jan 25/12||Johnson, Barry||Direct Ownership||Options||50 - Grant of options||800,000||$0.490|
|Jan 25/12||Jan 25/12||Farrauto, Edward Charles||Direct Ownership||Options||50 - Grant of options||500,000||$0.490|
|Jan 25/12||Jan 24/12||Forster, Douglas Burton||Direct Ownership||Options||50 - Grant of options||1,000,000||$0.490|
|Jan 24/12||Jan 20/12||Reynolds, John||Direct Ownership||Common Shares||10 - Acquisition in the public market||100,000||$0.320|
|Jan 31/12||Sep 15/11||Salamis, George||Direct Ownership||Common Shares||00 - Opening Balance-Initial SEDI Report|
|Jan 31/12||Sep 15/11||Salamis, George||Direct Ownership||Options||00 - Opening Balance-Initial SEDI Report||250,000|| |
VANCOUVER, Feb. 7, 2012 /CNW/ - Gold Bullion Development Corp. (TSXV:GBB.V - News) (OTCPINK:GBBFF.PK - News) ("Gold Bullion" or the "Company") is pleased to announce that it has adopted a shareholder rights plan (the "Rights Plan") designed to encourage the fair treatment of its shareholders in the event of an unsolicited take-over bid for shares of the Company. The Rights Plan is designed to give the Company's shareholders sufficient time to properly assess a take-over bid without undue pressure and to give the Company's Board of Directors time to consider alternatives that allow the Company's shareholders to receive full and fair value for their common shares.Pursuant to the Rights Plan, each holder of record of the outstanding common shares of the Company on February 1, 2012 will be issued one right per common share. The rights will trade with the common shares and be represented by the certificates representing common shares. Although the Rights Plan is effective immediately, it is subject to TSX Venture Exchange approval and must be ratified by the shareholders of the Company within six (6) months of its adoption. The Rights Plan will be submitted to the shareholders of the Company for ratification at the Annual General and Special Meeting of Shareholders to be held April 12, 2012.
VANCOUVER, Feb. 7, 2012 /CNW/ - Gold Bullion Development Corp. (TSXV:GBB.V - News) (OTCPINK:GBBFF.PK - News) ("Gold Bullion" or the "Company") is pleased to announce that it has adopted a shareholder rights plan (the "Rights Plan") designed to encourage the fair treatment of its shareholders in the event of an unsolicited take-over bid for shares of the Company. This is because we're really really concerned about the rights and well-being of our shareholders and really really want to protect them from anything that those nasty 'capitalist' people out there might want to do to our company. I mean, have you seen how goddam popular our stock has been lately and how goddam popular our shares have been in the open market? Man, you can just see 'em all, falling over themselves to buy up our float and zoom the stock higher on speculation of a buyout in the pipeline, can't you? Anyway, what we're doing today is protecting YOU, not US, because YOU are the most important people in the world for us particularly when it's you guys that will buy into the next dilution and keep our monthly salaries flowing. It makes all the sense in the world for US to protect YOU in these circumstances, doesn't it? Well, doesn't it?
UPDATE: Old pallypal Tenpercent pipes up with this thought:
"I hope Malvinas announcement is Cristina challenging Dave to a duel, she gets the gun"
1) Go to the SEC filings page (it's right here, easy peasy)2) Check how many shares out this company has (hint: 10-Q filing)3) Work out its market capitalization (for those of you just joining us, that's what the market thinks this company is worth and you do it by multiplying the number of shares out by its stock price).4) Tell me how this company, with nothing of any note as assets, can have a market cap edging to U$1Bn.
*which reminds me of a fave joke when a kid best told using the Terry Jones woman voice from Monty Python: "If you break both your legs don't come running to me"
...The Brazilian Real versus the US Dollar, 2003 to date.
Just to confirm that I've just sold the one I said I'd almost certainly sell. fwiw.
AMLO does seem, as I’ve said before, to be putting his effort into downplaying the “radical, fiery leftist populist” image ... going out of his way to win over the urban middle class and reassure the business community that he is neither Oliver Cromwell nor Ché Guevara, suggests that while Fox may have learned a lesson from AMLO, AMLO is learning from Fox… positioning himself to be the “useful vote” for change.