Which came with that link to this chat entry:
PS: Before I forget, congrats on the one Fav and the one RT on your tweet, Tommy. Winning!
"Otto Rock? Otto Wrong!" Rants on mining and stuff
The richies have polluted the waters. They say they create all the jobs, that we’re worthless without them, that we need to be like them.But nothing is further from the truth.
The truth is everybody should be able to pay their bills, have a roof over their head and food on the table, hopefully via a well-paying job. But after we institute the floor, life is about choices. And those who tell you to sell out to the man have no backbone.Can you imagine a corporation tying up with John Lennon? Who incited controversy seemingly every time he opened his mouth? You wonder why we’ve got no more John Lennons? Because people are afraid to piss off the payers, the man.
"Go into the arts. I'm not kidding. The arts are not a way to make a living. They are a very human way of making life more bearable. Practicing an art, no matter how well or badly, is a way to make your soul grow, for heaven's sake. Sing in the shower. Dance to the radio. Tell stories. Write a poem to a friend, even a lousy poem. Do it as well as you possibly can. You will get an enormous reward. You will have created something."
Oh Serafino...
As IKN explained, carefully and patiently, at the time of the last financials filing for GCM.to...
"But it's only when you open up the MD&A and read it that the scale of the upcoming back passage intercourse coming the way of equity holders becomes fully apparent. Read this, read it all, it's from the GCM 3q14 MD&A filed this evening, it's why this share price is going to nothing, it's your fundies analysis case study of the week"
I woke up this morning with this song in my head. Not a clue as to why.
Therefore no need to suffer alone.
Here's Calculated Risk (the only place you need to read) on the jerbs nermbers.
Wonder when we'll get a European Union version of this video?
"Jerome, zey took notre employments"
Today, funds controlled by Meson Capital Partners LLC ("Meson Capital") and Nightscape Capital (UK) LLP ("Nightscape Capital", collectively, the "Concerned Shareholders") that hold shares representing approximately 9% of the issued and outstanding shares of Aberdeen International Inc. (AAB.TO) ("Aberdeen" or the "Company") announced (continues)
"And the industry is revealed as NAKED. The industry institutions protest in lame terms. The organizations squirrel to sound sane, but reveal their prejudice and ignoble perspective with every new word. The reporters tred carefully lest they offend (or get sued). The government obfuscates and hides behind platitudes. Even bloggers like me go careful, for the facts are suppressed, the informants silenced, the opinions attacked, and the threat of retribution ever-present."
...is the first word that came to mind on reading about the Charlie Hebdo attack. Intimately tied to Paris, too.
We're about to find out if society has bothered to learn anything in the last 75 years.
Here's production:
...has just been sent to subscribers, 07;30am local time on Tuesday Jan 6th and a couple of hours before the markets open in North America. A couple of small trades planned.
Here comes a necessary word or three about Bolivia. There’s a bit of a pump starting on Bolivia and its mining potential for Vancouver-type junior explorecos, which seems to be based around the move made by the arch-scamster John Lee and his Prophecy (PCY) company, that’s just bought ex-Orvana properties in Bolivia. Lee’s being assisted in his pump by another scumbag, Thom Calandra. Alongside the direct promo on his company, Bolivia is now getting touted as a place that will welcome FDI for at least some of the same reasons Ecuador is being promo’d, with all that about the dump in hydrocarbon prices meaning these States are now newly desperate for foreign capitals and will welcome northern capital with newly open arms, do anything for us tall paleskinned people, etc etc. It’s total bullshit and I can’t stress that too highly. Bolivia will accept FDI on its terms, but as things stand and as things will stand while Evo Morales is in power (let’s call that indefinite for our purposes today), those terms are nobody’s idea of good. As things stand today Bolivia is in good shape, it’s just posted 5.5% GDP growth in 2014 (8) (the best in all South America last year) and despite the drop in gas prices its Finance Minister expects 5.9% growth in 2015. Quite right too, because the North seems to forget that Bolivia sells its gas on long term contracts to Brazil and Argentina that are less affected by the moves in spot market prices; its revenues may change from year to year but it’s not boom/bust, either. We should also note that Bolivia’s international reserves are now at 50% of annual GDP, the highest percentage level in Latin America. Be clear; this country is not desperate for your dollars. In fact if things go unexpectedly badly for Bolivia’s economy in 2015, or things don’t pick up and 2016 or 2017 start looking soft, it’s manifold times more likely that the country nationalizes its mining industry than opens it up to neoliberal type investment opportunities. Companies at the scam end of the junior mining world such as PCY will be able to spin out their hoodwinking games on properties there, but please don’t take these people seriously.
Bolivia has been an impressive economic success story in the last ten years. But it’s done that by ignoring the orthodox western model, by wholly rejecting it, by nationalizing and spending the cash in classic left-wing social program ways. Perhaps it’s a special case, perhaps not, the debates on the philosophy behind its success and whether it’s sustainable are for other places but if you think it’s about to change the model you need to change the books you’re reading. The country is and will remain Socialist with a capital S and not the place for the most cutting edge of capitalist money, that which funds junior mining exploration companies. End.
On October 21st Casey Research charged its bleating flock $20 for its "Prepare For the 2014 Crash" report, in which we were told (and we quote)...
"Now is the time to take action. Not in the next few months or even in the next few weeks—Right now."
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