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Beats me what the fuss was all about :-)
Here's the NR, here's how it kicks off and by the looks of things, just one small clause added to the deal.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Mar 15, 2013) - Alderon Iron Ore Corp. (ADV.TO)(NYSE MKT:AXX) ("Alderon") is pleased to announce that Hebei Iron & Steel Group Co., Ltd. ("HBIS") has contributed the remaining C$119.9 million of its initial investment and Alderon has contributed the Kami iron ore project ("Kami Project") to a limited partnership (the "Kami Limited Partnership") which is owned 25% by HBIS and 75% by Alderon. HBIS is China''s largest steel producer.
Do not say a freakin' word to anyone, right?
You put the kibosh on this by blabbing and we'll never speak again, got it?
Any junior mining company stupid enough to pay money to a proven securities fraudster who's been banned by the SEC has automatically, immediately and permanently excluded itself from serious consideration.
...the gold/platinum ratio.
Back to parity again. Another bullshit hype gone quiet. So, what they gonna try and make you chase next time?
Beats me why the USA is so keen on promoting free trade around the world. Must be for all that democracy and joyful human harmony thing.
And they wonder why IKN is considered a useful service to gringos...
Tomorrow March 15th is the big China decision day folks, golly jeepers what's the result gonna be?
I feel like bursting into a chorus of "should i stay or should I go?". What about you, Stan?
... the Peru IGBVL "general" index, a squiggly line that your humble scribe watches fairly closely due to the combo of heavy mining influence and emerging market status.
If you want a tradeable proxy, go look at the Peru ETF (EPU).
Would someone care to ask Christopher Barker of The Motley Fool an opinion on his Top Pick Great Panther Silver (GPR.to) (GPL)?
As he doesn't seem to want to answer my mails on the matter.
Here are the 4q12 numbers, out tonight. Yup, usual disaster.
Oh noes. This just greeted me (lines drawn in):
Read more here. Oh lordy, this is the pits, Mister Google. Don't do this don't don't do not do this.
Your new Pope is the dude in the churchy-looking clothes. The other guy, you ask?
UPDATE: Especially for our spanish speakers, a screenshot from Chile's TVN State TV channel that captioned a typo for the ages:
PS: My thanks to Ricardo over at Los Huevos Y Las Ideas for improving photos enormously. Meanwhile, you huntin' reporter sleuths could do much worse than start with Verbitsky's extensive reporting on Bergoglio.
...was sent to subscribers, Tuesday evening. Just some thoughts.
You want to know how visionary Monty Python was? Listen to this.
"It looks like Tess of the d'Urbervilles all over again"
As at 11:59 p.m. (Eastern Daylight Time) on March 11, 2013, a total of 43,207,256 Inmet Shares, representing approximately 61.45% of the outstanding Inmet shares (on a fully diluted basis), had been tendered to the Offer. The Offer has been varied to allow the minimum tender condition to be satisfied if more than 50% of the outstanding Inmet shares (on a fully diluted basis) have been validly deposited, prior to the new expiry time of the Offer. Accordingly, based on tenders to date, First Quantum anticipates being in a position to complete the Offer and begin taking up and paying for shares promptly following the expiry of the Offer at 11:59 p.m. (Eastern Daylight Time) on March 21, 2013.If as expected more than 662/3% of the outstanding Inmet shares (on a fully diluted basis) have been validly deposited under the Offer as at the new expiry time of the Offer, First Quantum will be implementing a Subsequent Acquisition Transaction to acquire the balance of the Inmet shares not deposited under the Offer, as more fully described in
...and for gold...
"During the 4th Quarter, the Company discovered discrepancies in its metallurgical balance and Bolanitos concentrate stockpile held at the Guanacevi plant. An internal review found a measurement discrepancy in the system feeding Bolanitos concentrates into the Guanacevi leach plant. As a result, Endeavour estimates that about 227 more tonnes of concentrate were processed during the year than reported, which led to an extra 62,500 oz silver and 1,100 oz gold being credited as Guanacevi production. The average recoveries for gold and silver reported for Guanacevi in the first three quarters of 2012 were therefore overstated, while this adjustment is reflected in the reported 4th quarter recoveries and cash costs."Hey ho. However, the thing that really caught mine eye was this:
Which of these two votes will the country of Canada have the easiest time in acknowledging?
Go on, take a wild guess.
Mr Trader: I wish to make a complaint!Mr. Ken Ross: We're closin' for lunch.Trader: Never mind that, my lad. I wish to complain about this gold mine what I purchased not half an hour ago from this very boutique.Ken Ross: Oh yes, the, uh, the
La Coipa...What's, uh...What's wrong with it?Trader: I'll tell you what's wrong with it, my lad. It’s closed, that's what's wrong with it!Ken Ross: No, no, it’s err suspended.Trader: Look, matey, I know a closed gold mine when I see one, and I'm looking at one right now.Ken Ross: No no he's not closed, he's, he's suspended! Remarkable mine, the La Coipa, innit ay? Beautiful plumage!Trader: The plumage don't enter into it. It's stone closed.Ken Ross: Nononono, no, no! It's suspended! Suspended!
Anyone who is capable of getting themselves made President should on no account be allowed to do the job.
If there's anything more important than my ego around, I want it caught and shot now.
My doctor says that I have a malformed public-duty gland and a natural deficiency in moral fiber, and that I am therefore excused from saving Universes.
Arthur hoped and prayed that there wasn't an afterlife. Then he realized there was a contradiction there and merely hoped that there wasn't an afterlife.
If it looks like a duck, and quacks like a duck, we have at least to consider the possibility that we have a small aquatic bird of the family anatidae on our hands.
You live and learn. At any rate, you live.
He felt that his whole life was some kind of dream and he sometimes wondered whose it was and whether they were enjoying it.
In the beginning the Universe was created. This has made a lot of people very angry and been widely regarded as a bad move.
A common mistake people make when trying to design something completely foolproof is to underestimate the ingenuity of complete fools
...zinc, 12 months, because for a while back there in early February it looked like Zn was going to make a move above $1:
Then it didn't.
Chart from those happy jolly people over at kitco
IKN201 has just been sent to subscribers. We take a close look at Colossus Minerals (CSI.to) this week, along with the usual commentary and nonsense about the whacky world of digging holes in ground.
UPDATE: Yup, he's running. Full of fire and brimstone his speech was, too.
RIO DE JANEIRO, March 10 (Reuters) - Brazilian mining giant Vale SA is likely to cancel a $5.9 billion potash project after failing to gain tax breaks from Argentina, the Folha de S. Paulo newspaper reported on Sunday.Without relief from the Argentine government, the cost of the Rio Colorado potash mine, railway and port system is expected to soar 86 percent to $11 billion, making it unviable, Folha said, citing unnamed Vale officials.The possibility of Vale pulling out of the project would also be a blow for the Brazilian government, which was counting on the mine in Argentina to help to secure new supplies of potash, a critical fertiliser, for its agricultural industry.