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A song to match this Friday. Dedicated to Nick.
I think this counts as "case closed".
Link here. Apology accepted.
My Apologies to Otto and Goldtent
Dear Goldtent and Otto Rock,
A few days ago on this board, I made the mistake of repeating what turned out to be a falsehood I had heard from a friend about the IKN blogger Otto Rock:
” He can never set foot in the US again or he will be thrown in jail for being a huckster and bilking investors.”
I am new to this board and obviously got off on the wrong foot. It will not happen again. I sincerely apologize to this board and to Otto as I was upset about a personal matter and just decided to take it out on him. This is not an excuse, just a reason. Good luck to all in your financial endeavors.
"Interestingly, Encanto has a partner that is completely hidden save for one line in the MD&A and a single document on SEDAR. This partner, Horgen, has a rather interesting partnership and is led by the president of Encanto, Stavros Daskos. Did you know that upon successful announcement of an off-take Encanto must:- Pay Horgen U$5.5m within 15 days- Issue 15 million shares of Encanto.- Place the project into a Newco where Horgen has an option to acquire 51% of the NewCo."
And indeed that's all true. The poor saps who bought into EPO.v yesterday...
Moral: This is Canadian junior mining, read the smallprint.
Yes, you know it's true. CEO Diego Benavides gets more done in two months than two useless and self-serving boards of directors do in two years.
- Not a geologist
- Not an engineer.
- Not a lawyer.
- Zero financial qualifications (and when flappin' his dumbass lips on CEO.ca obviously doesn't have a clue about how to "do all that hard math stuff").
- An idiot squared about community relations.
- Wouldn't know whether to eat a piece of lithium or stick it up his overweight self-indulgent ass.
- Doesn't speak a word of Spanish outside of "por favor", "gracias" and "cerveza".
After picking up a tip from a Goldtent regular (who will remain nameless but clearly no fan of yours) I timed myself and, thanks to said tip, it took me exactly 14 minutes to find out your real name, your address, your e-mail address, just about everything I need to know. It was really rather easy.Statement of fact: On January 17th you willfully and maliciously decided to publish 100% false and libelous statements about me. This is absolutely provable and I will not hesitate to clear my name in a court of law, if necessary. I'm sick and tired of assholes like you, consider yourself the one that broke this camel's back.But I'm going to be nice to you, you blowhard lying dickhead piece of crud. If you decide to write in to the usual address with a full retraction I will happily publish it on this blog under your handle "Olyeller", neither your real name nor any of your personal information will be revealed and that will be the end of the matter. I think this offer is more than fair. However, if you choose to ignore this fair warning I will publish everything about you including your full name and address here on the blog (and it's read by far more people than you can even imagine, your name will be mud forever) and once done I will begin legal action against you to clear my good name. The big difference between your unfounded libel and the stupid legal actions that idiot scamsters such as Porter Stansberry bring against me is that I have never been successfully prosecuted and that's because this blog tells the truth. On the other hand, you are clearly an out and out liar and will pay full consequences, including significant monetary damages, unless you retract your statements with a full apology. Are we crystal clear?Therefore, Olyeller, you have five days, i.e. until midnight Tuesday January 24th, you lying piece of shit.Lots of love, Otto
” He can never set foot in the US again or he will be thrown in jail for being a huckster and bilking investors. He is the biggest anonymous hypocrite blogger on the internet IMO and a terrible stock picker.”…….
Please share anything you have to back up the assertion that Mark is banned from the US or wanted in the US for anything.
Then later Olyeller decides to... ignore the difficult question and pretend he wasn't asked anything at all. The questions to which he has no reply (and I assume "he" because women aren't nearly as arrogant and stupid as men). Because the plain fact is that Olyeller is just another BS blowhard big-guy asshole on a bullboard spreading pure lies. Sorry people, I'm not wanted by anyone and sorry to ruin your masturbatory fantasies Olyeller, you'll just have to get back to jacking off over Marin Katusa as he rips you of without you realizing.
Also, Arizona Mining would like to clarify certain statements made in its January 12, 2017 news release regarding the potential sale of concentrates from the Taylor Deposit, specifically comments made by Orion Mining Finance and Ocean Partners, USA Inc. The Company would like to remind the reader that the Company has not yet completed a preliminary economic assessment ("PEA"), or a mining study such as a preliminary feasibility study or feasibility study that supports the technical feasibility or economic viability of the Taylor Deposit including the marketability of the concentrate from the Taylor Deposit.While the Company is currently working on a PEA expected to be completed by the end of the first quarter 2017, and further metallurgical test work on its potential concentrates, the reader is cautioned that a PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have any economic considerations applied to them that would enable them to be categorized as mineral reserves. In addition, there is no certainty that the preliminary economic assessment will be realized.
We deliberately bullshitted you the other day, suckers. We knew what we were doing was against the BCSC and OSC rules, but decided to do it anyway because our desire to pump our stock illegally was far greater. Now we stick this at the bottom of a long NR with yet more drill releases in order to comply. So just buy our stock and shut up, dumbasses.
Otto Rock is a scamster on the run from the SEC. He can never set foot in the US again or he will be thrown in jail for being a huckster and bilking investors. He is the biggest anonymous hypocrite blogger on the internet IMO and a terrible stock picker. His ego keeps him in losing positions for far too long and he trashes every miner he missed that has a huge move up. He can be very entertaining though so I give him that much. Just sayin. Not a big fan of Katusa either but I believe UEC is the real deal. The only problem I have with GOOD miners that Casey, Katusa et al start pumping is it blurs the valuation and makes it even harder to figure when to sell. NAK is a perfect example. Doug Casey has been pumping this thing no end and it now has a US market cap approaching $700m for a multi billion CAPEX project that does not even have a feasibility or metallurgy study attempted yet….let alone being remotely close to being permitted. This thing is an optionality play on steroids that probably will not get built in my lifetime (I am 53) Do your own DD of course.
A freaking idiot who didn't deserve a 35 year jail sentence.
Good call, Obama.
- You don't need to cut corners on cost parameters.
- You can highlight the total LoM capex and not try to hide behind initial capex
- The market doesn't care if it's only a scoping study at this stage.
- It doesn't even care about the location. Much.
- You stock pings 10% at the open.
1) Coeur (CDE) spends $8m earning into 51% of the Joaquin project in Argentina.2) It then pays U$60m to the optionee, Mirasol (MRZ.v, which is a well run company by the way), for the other 49% that it doesn't own. Half cash half shares.3) Four years later, it sells Joaquin for U$25m (cash and shares) to Pan American Silver (PAA.to) (PAAS)4) The above doesn't take into account the money CDE has wasted on Joquin in the meantime in exploration costs and land carrying costs.5) IKN half-expects CDE to carry the 2% NSR it's left holding on the property at U$35m and pretend it hasn't lost money.
...but top of the list must be this report, "The Great Royalty Freak Out" (part two) with the added bonus of flamingoes with a beach ball.
IKN400 has just been sent to subscribers. 13,954 words. Most of them spelled correctly. Try the veal. I'm here all week.