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8/5/20

Two questions for Regulus Resources (REG.v) C-suite about its latest corporate presentation

Hi John! Hi Kevin! Hi Fernando! A couple of questions for you all:

1) The latest corporate presentation is dated May 2020. Today is August 2020. Are you going to get your IR department to update it at some point?

2) In the corporate presentation on slide 10, you tell us that at "$2.25 copper, $1,700 gold and $15 silver" some 46% of AntaKori revenues come from precious metals. Now that silver is $27/oz and gold over $2,000/oz, does this mean you are now a precious metals mining company? Can we expect a big marketing push on REG as a gold play?

Thanks in advance for bothering to answer for a change. The grammar mistake on slide 10 is still there, by the way.

Dear Dev

In BC the RCMP don't chase arrest warrants in August too hard, they wait until everybody is back in the city. That'd be September, Dev.

At last! News from Brent Cook Resources (MRZ.v)

Here's the link, here's the text:

Brent Cook Announces Start of Exploration Program at Brent Gold and Provides an Update on its Exploration Plans for 2020/2021
VANCOUVER, BC, Aug. 5, 2020 /CNW/ - Brent Cook Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the "Company" or "Brent") is pleased to provide an update on its exploration activities and plans for its 2020/2021 financial year. Field work has recently resumed at Brent Gold in Chile after being suspended in March. In addition, Brent is actively preparing for the upcoming field season at projects in the Cook belt in Chile and in Brent Cook province, Argentina.
Brent Cook, Brent's President and CEO commented: "We are looking forward to the year ahead as Brent will see a level of activity at our projects that will result in a solid news flow and hopefully a significant discovery. Following our strategy of self funding high priority targets, we will be drilling at Brent in Chile and Brent Cook in Argentina. With the addition of partner funded projects at Virginia, Gorbea, Altazor, and Coronación, Brent could see more than 13,000m of drilling on 6 projects." 

Continues here. Two more years of geologically interesting results guaranteed. But don't fear, potential investor, this isn't chummy a lifestyle company run for the benefit of rockbangers:


UPDATE post-close: Unfortunately, even with this wonderful news out today and the rampant gold bull market, MRZ managed to close down today. Some misguided fools are blaming this post for that, in fact it's the person at the helm of this company who should take the blame. Can't for the life of me remember his name, though...

Pigs at trough, Garofalo edition

Hey Canada, you are the same idiot country that promoted this goon to CEO of Goldcorp and watched him decimate the largest market cap gold miner in the world. Now he's Chair of GPR and GOLD.v, two of the biggest dogs your country offers. That's justice, Canada. You over-promoted a fool to the point where he didn't just ruin your investments, but was a meaningful negative on the country's economy. Garofalo and Canada, a plague on both your houses.

VANCOUVER, BC, Aug. 5, 2020 /CNW/ - GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD) (OTCQX: GLDLF) is pleased to announce the appointment of David Garofalo as the Chairman, Chief Executive Officer and a director of its subsidiary, Gold Royalty Corp. ("Gold Royalty").  Mr. Garofalo has also joined the advisory board of GoldMining Inc.
Amir Adnani, Chairman of GoldMining, commented: "With his impressive 30 years of extensive leadership experience with major gold producers, David will be an invaluable addition continues


Vizsla (or is it Viszla?) Resources

It would seem that the first two drill assay NRs hit wider veins. It would seem today's NR indicates skinnier veins. Hoodathunkit.

8/4/20

IKN's nomination for the definitive theme tune for 2020

Tubthumping by Chumbawamba:



It's a bad year all right, but 2020 won't beat us. We get knocked down, but we will get up again.

Peru's Congress declares war on President Vizcarra

For LatAm political watchers among you, Peru's Congress has just denied the "vote of confidence" to President Martín Vizcarra's new choice as Prime Minister in the recent ministerial re-shuffle. This vote is required by Peru law to establish a new cabinet, therefore by 54 votes to 37 (and 34 abstentions) the new PM Pedro Cateriano is forced to resign immediately. This therefore implies the whole cabinet now has to resign and the ministers chosen again by Vizcarra. All this comes in the midst of an ongoing corruption investigation that has rooted out many corrupt politicians under the Vizcarra administration which is just a coincidence and absolutely nothing to do with this, in fact I don't even know why I mentioned it.

Great Bear Resources (GBR.v) and Doug Ramshaw's 2020

Above and beyond viruses, has anyone else noticed the year Doug Ramshaw is having? President and co-top cheese at Minera Alamos (MAI.v), plus director of Great Bear Resources (GBR.v) which just came out with this:



That's sick. You need room on your mantlepiece for the gongs come the awards season, Ramshaw.


8/3/20

The IKN Weekly, out now




IKN584 has just been sent to subscribers. It contains a good recipe for fish soup.

PS: slight distribution glitch tonight, but the reserve copy also went out and that got through fine.

The US Dollar is still the centre of the financial universe...

...and it behooves rampantly bullish goldbugs to remember that inconvenient truth, because...

...USD is hinting at a bounce. 

On the subject, the John Authers mailer last night entitled "Goodbye Weak Dollar, Hello Emerging Market Crisis?" was particularly enlightening. Find it here, or better subscribe to his free mailer because he's smarter than you (and a darned good singer to boot). Or ignore real experts and stick with Keith Neumeyer as your financial guru if you want. Your money, after all.

8/2/20

Dear subscribers of The IKN Weekly

IKN584 is delayed until tomorrow, the mail you should have received explains why. That's all.

7/31/20

The Friday OT: Gregory Esayan; Healer (elypsis remix)

The hi-res Spotify version I downloaded last week is a full scale six minute hallucinatory drug trip without having to ingest a thing. No downer afterwards either, you'll feel great all day:



You get this Youtube version, consider it a gateway drug.