"Dedicating teaching time to cursive could take time away from touch-typing, a more important skill these days, she said."
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I was today reminded of this. So I'm reminding you too.
"I am a geo, working up north. A few years back I spent a regrettable half-day with "guru" James West, who at the time was a consultant in how to formulate a strategy for optimally pumping a junior mining stock. His method mainly involved making sure the headline for every press release always contained large numbers - the maximum possible for grade, width, whatever. He did not seem at all interested in any geological or logistical aspects of the project. Just how to manipulate the stock price upward (or keep it up) over a period of several months by a planned sequence of news releases, within the context of a good overall story. Anyways, the guy is a total ass. Very rude, obnoxious, aggressive and with a ridiculous amount of phony-seeming macho. He knows very little about exploration or mining, just about telling "fairy" tales about junior companies."
UPDATE: Canadian readers, try to access the above and you'll have little joy. Try this link instead for the original.
Right here on this link, click if you want to read it. The shorter version is:
"Tightening? Not a clue dude, it's this jobs thing, it's kinda tough to call, so we're going to make it up as we go along. K tx bye."
Bulls in charge, stomping over bears, kickin' ass, takin' names. Perhaps not all is right in the world, but on balance there's enough to be happy about things.
- Mr. Gary Goldberg, CEO of Newmont (NEM), in light of this event at your mine that poisoned local people, do you accept The Mercury Bucket Challenge?
- Mr. Chuck Jeannes, CEO of Goldcorp (NEM), in light of the plethora of well-documented events* at this wholly owned mine that have poisoned both local people and their agricultural lands, do you accept The Cyanide Mixed With Arsenic And Other Heavy Metals Bucket Challenge?
- Mr. Oscar Rocha, CEO of Southern Copper (SCCO), in light of this very recent event at your mine that poisoned the local water supply, do you accept The Sulphuric Acid Bucket Challenge?
Here's this morning's news, here's a screenshot:
New just in: The ex-head of Codelco (resigned in 2012) has taken over at ANTO.L
BG Capital Group of Companies
The group has two main affiliates, which are based in Barbados, although BG has office in Plantation, Boca Raton, Nassau, Los Angeles, Toronto and Vancouver.
BG Capital Group Ltd.
A merchant bank specializing in small- and mid-cap investment services, such as mergers and acquisitions. It is also the largest shareholder in Clearly Canadian Beverage Corp., which has filed a plan with bankruptcy court in Canada to go private.
BG Capital Management Corp.
Owns 100 percent of:
Neptune Society, cremation services, Plantation
American DataSource, a trust administrative service provider to the funeral service field, Houston
BG Capital Real Estate Holdings
Vancouver International Polo Team, which also has a polo club in Argentina
The Little School House, an early learning center, Nassau
Owns 75 percent of:
Neptune Memorial Reef, an underwater memorial park off Key Biscayne
Owns 50 percent of:
Jemi Holdings, a British Columbia land company
M&M Engineering, St. John’s, Newfoundland
Tamarack North Ltd., builders and engineers, Port Carling, Ontario
Bari Builders, Pompano Beach
Nautic Distributors Ltd., a watersports products company, Richmond, British Columbia
"...the company (JFI.v) announced that it has completed a senior secured debt financing pursuant to which the company issued notes to investment funds managed by Vertex One Asset Management (Vertex) for $11 million. The Vertex loan has an upfront fee of 5%, a term of 6 months and bears an interest rate of 17% per annum. The company has the option to renew the loan for an additional 6 month term and during the second term the loan would bear an interest rate of 22%. Additionally, the company announced that it has completed an additional secured financing with BG Capital Group Ltd. for $5 million. The BG Capital loan is subordinate to the Vertex loan, has a term of 12 months and bears an interest rate of 22%."
Argentina will say:
1)We're not in default
3)Only US isn't allowing us to pay
4)Creditors line up at new window, we payAnd so far in this wild and wonderful affair we've checked off three of those calls:
1) Argentina never stops telling us
Cristina Kirchner Announces a Law Bill to Pay Bond Holders in Argentina
Via a taped TV message to the nation, she announces that she will send to Congress an initiative to "Remove the Bank of New York as agent" and to pay via the Argentina Banco de la Nación Continues here
Any further questions?
B2Gold $BTG (BTO.to): The Clive needs to worry a little more about his shareholders, less about his own back pocket
And don't say IKN didn't warn you:
Beats me why anyone should be worried about the liquidity at this one:
UPDATE: Dear Canadian readers: Having trouble with that last link? That's because James West of "The Midas Letter" and another complete scumball put a chilling effects order on it for Google Canada. That's because he was mentioned in the piece as one of the main protagonists of the pump scam around liberty silver. He also took payments for his role and never told the SEC about it, which is out and out illegal, so rather than admit his guilt he prefers to censor the internet so that you never find out about his scumbag ways. Try this link instead.
UPDATE 2: Re. that censored link to Canadians, Iwnattos over at Market Narrative has kindly picked up on the issue and on his post lists three links where you can read the Liberty Silver thing. He also provides a different example of how James West bullshits the world in this post. And yes, for a fact he took payment from Seafield for that scam, too.
Part two of this JFI.v scam track here
PS: In its 2013 annual report, Buenaventura filed that the holding company that owned Chucapaca (51% GFI/ 49% BVN at the time) had an asset value of U$139.44m and after accounting adjustments, the 49% owned by BVN was carried by the company at U$39.231m. In other words, at least the BVN CFO will be happy about this deal. Looks like a distressed sale decision by GFI.
The officers kicked the boys to check they were dead before driving off, M said. In additional footage released later by Fantastico, Lima and Magalhaes discussed the killings.
"Two down," says Lima. "If we do this all week (it will) keep going down. We hit the target."
Here's the outlook section from the Gran Colombia Gold (GCM.to) year end 2013 MD&A, the bit that tells us about its plans for 2014. Your humble scribe helps train the eye to the interesting bits via bold type and underlining
"The Company’s all-in sustaining cost averaged $1,322 per ounce in 2013. As a result of actions taken in 2013 and so far in 2014 to reduce production costs and G&A, improvements in head grades as the year progresses and continuing to keep sustaining capital expenditures to a minimum while the Pampa Verde project is completed, the Company expects its all-in sustaining costs for the full year in 2014 will average between $950 and $1,025. This includes an average total cash cost for the year of $850 to $900 per ounce, well below the average of $1,152 per ounce achieved in 2013, and G&A expenses of $65 to $80 per ounce, down from $108 per ounce in 2013. Sustaining capital expenditures, including a limited amount of exploration and geology spending at Segovia to support execution of the mine plan is expected to amount to approximately $3.4 million in 2014 and the all-in sustaining cost includes a provision of approximately $11 to $13 per ounce for environmental discharge fees at Segovia."
Or put another way, if GCM.to's costs forecasts for the 2014 financial year as published on March 31st 2014 (a mere four and a half months ago) are to be successful, GCM will have to produce its gold at an AISC of $800/oz for the next two quarters just to squeak in at the upper limit of its guidance.
Could 'appen. Yeah guv, course it could 'appen. Wossa problem anyhow, innit?
Gotta love Serafino.
Not one that makes him popular, but one that takes him from plain bad to semi-bad. The 29% reading is up 8% from June, 4% from July and is credited to the cabinet re-shuffle. IPSOS has the number today.