Spotted on a clothes label by sharp-eyed reader 'MV':
"...given the low cost of drilling resulting from the excellent project infrastructure and our integrated equipment and drill teams, this modest financing will generate a significant amount of work on the ground."
Almadex Minerals Limited ("Almadex" or the "Company") (TSX VENTURE: AMZ)(OTCQB: AXDDF) is pleased to announce that the Company has increased the size of its previously announced proposed non-brokered private placement financing (the "Offering") to up to approximately 2,600,000 units (the "Units") to raise up to approximately $3,500,000 at a price of $1.35 per Unit.
I mean, does "Loss Of Major Land Concession Due To Illegal Permit" count as material? Yathink?
They be farked.
Gold goes up, your stock goes up, you think you're clever. So remember...
1) XYZ.v announces a shares for debt arrangement with directors and parties owed (etc)2) XYZ.v announces a 10-for-1 share consolidation3) XYZ.v changes its name to ABC.v to better reflect the (etc)4) ABC.v announces a non-brokered private placement (share plus full warrant)5) ABC.v appears in a paid-for promotion newsletter campaign6) "Hey, Otto! I think you should have a look at ABC.v! I've heard they've found some exciting rocks on its Orignale Bouffe property and there's a real buzz about..."
First Arata liquidates a bunch of equities, now this (supplied by reader "L"):
TORONTO, Feb. 8, 2017 /PRNewswire/ - New Gold Inc. ("New Gold") (TSX:NGD) (NYSE MKT: NGD) today announces that the company has entered into a binding letter agreement with Goldcorp Inc. ("Goldcorp") to sell the company's gold stream on the El Morro project to Goldcorp for $65 million cash (the "Transaction"). The Transaction will provide New Gold with additional liquidity as the company advances the construction of its Rainy River project, which (continues here)
"Listen, lad. I've built this kingdom up from nothing. When I started here, all there was was swamp. All the kings said I was daft to build a castle in a swamp, but I built it all the same, just to show 'em. It sank into the swamp. So, I built a second one. That sank into the swamp. So I built a third one. That burned down, fell over, then sank into the swamp. But the fourth one stayed up. An' that's what your gonna get, lad -- the strongest castle in these islands."
Argentina: The Federal Mining Agreement in the spotlightLast week, much to the dismay of the Macri government and the secretary of mining Daniel Meilan in charge of the initiative, a draft copy of the Federal Mining Agreement (FMA) was leaked and published on Argentina’s trade paper site, Mining Press (15). That link will take you to a PDF of the whole thing (stamped confidential on each of its 18 pages) so peruse it at you own leisure. What I can tell you after reading the draft a couple of times is that the document is a poor sort of agreement in real terms. What they’ve clearly tried to do is get an agreement to which even the most reactionary and traditionally anti-mining provinces of Argentina such as Mendoza, Rio Negro, Tierra del Fuego and Chubut can agree to. Which is fine, as above all the national government wants a piece of paper signed by all 23 provinces of the country which they can then show to the world (the plan is to have it signed before PDAC and show it there) and say, “Hey everybody! Argentina is now one big flat level playing field! We all agree on mining!”.Which is, of course, bullshit. The lax wording of the document may indeed allow places like Chubut to sign on (though it’s still not a certainty), but when they try the next stage of taking this Federal Mining Agreement (FMA) to the national Congress and designing laws that will govern mining over the whole country, the reaction of any province that doesn’t like any of the clauses the nation tries to shove down its throat will be predictable and obvious, “We didn’t agree to that!”, and the whole FMA is shown to be the worthless document that it is. Style over substance, it’s the Argentine way.
VANCOUVER, Feb. 6, 2017 /CNW/ - Tinka Resources Limited ("Tinka" or the "Company") (TSXV: TK) (OTCPK: TKRFF) confirms, at the request of IIROC, that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.
VANCOUVER, Feb. 6, 2017 /CNW/ - Tinka Resources Limited ("Tinka" or the "Company") (TSXV: TK) (OTCPK: TKRFF) confirms, at the request of IIROC, that although we are totally aware Jim Dines recommended our stock to his subscriber's list this weekend and the 20%+ share price pop on 2m+ trade volume is totally due to all his followers piling on at the same time the way sheep always do, we need to run this typical stupid freakin' game of ignorant with the market authorities the way all companies do when this happens to their stock and play dumb in order to keep our lawyers, their lawyers and all the monkeys in suits at the BCSC happy therefore the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.
An extract from IKN403, out last night.
Mexico, Canada, NAFTA, love and mining
President Trump had already rescinded TPP in The USA, last week (among many other issues that are keeping the news channels full of conversation material) as expected he turned his attention to NAFTA, the agreement covering Canada, The USA and Mexico, and said he wants to re-negotiate it as soon as possible (and wants to add an F for “Fair” to the acronym to, bless him). On the back of Trump’s new plans, Canada was very quick to tell Mexico that it wasn’t going to be double-teaming with them against the new US position and that it would be looking out for number one (13):
Canada will focus on preserving its U.S. trade ties during talks to renegotiate NAFTA and may not be able to help Mexico avoid being targeted by the Trump administration, Canadian government sources say.
"We love our Mexican friends. But our national interests come first and the friendship comes second," a source said on the sidelines of a cabinet retreat in Calgary, Alberta.
"The two are not mutually exclusive," the source added.
Which sounds great, but it’s not as if Mexico is entirely toothless in any newly negotiated NAFTA (or NAFFTA) and as this op-ed in Mexico’s El Universo points out (14), such re-negotiation may open a veritable can of worms for the Canadian mining industry in Mexico. Here’s a translation of an excerpt from the article:
“Even if the objective of NAFTA was to create one of the largest free trade zones in the world and establish a base for strong economic growth and prosperity for Canada, The USA and Mexico, the reality is that this prosperity has only been for a select few. It’s clear that the bonanza and benefits of the mining industry have not been for communities and towns where the mines are located and that the extractive economic model has created different forms of wealth gaps and increased social conflicts even more, in an atmosphere that was already complicated.
“Due to this, it is imperative to retract the preferential deals offered to the mining industry (by Mexico) and foment new and alternative economic activities.”
“In Mexico, we also love our Canadian friends, but we reject the poor practices of its mining companies. Our national interests are first and friendship comes after.”
Be careful what you wish for up there, people.
NR here, chart here:
I'm not the greatest fan of the game, but that was absolutely all-time off-scale epic.
It is actually much worse about how these book sellers can get their ratings. You can even manipulate the NY Times. I won't tell you the name of the book but my sister in law is a NY Times Best selling author.
This happened about 2 years ago but her publisher told her to buy 5000 copies of her book on a slow day picked out in advance. Presto, she had a best seller and top ten book. She sold the books later herself while on a lecture tour so in the long run, it didn't cost her a thing. It was a good book and may have gotten on the NY Times list anyway but her publisher told her it was quite a common thing to do to generate some sales and push you on to their list.
I have often wondered if this is how Marin Katusa or Doug Casey get their best seller status. All you need to do is get on the NY Times list for one day to get bragging rights forever.
Keep up the fight, P
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