Your humble scribe’s thoughts turn to The Good Guys of the Vancouver mining scene, those of the jocular mails when IKN publishes some-or-other post about one of The Bad Guys in Vancouver. The friends ready with hi-five emojis on social media channels, or later with tales of how IKN was “…the talk of our office again…”.
My how quiet The Good Guys have become! And strangely enough, all at the same time, too. Rather odd how so many laugh when (by way of just one example) light gets shone on Marin Katusa and his scammy ways, but when it’s Jamie Keech running exactly the same type of scam they seem to lose their collective sense of humour. Notable when it’s (name your scammy junior) how people cheer this desk on, but when it’s Sandstorm Gold’s (SAND) top management aiding and abetting the theft of an asset that’s the centrepiece of $50m company Pucara Gold (TORO.v), it’s off-limits. Amusing that (name your scummy C-Suiter) is fair game, but shine clear light on obvious corporate wrongdoings at Pan American Silver (as well as Caldas Gold) and activity that directly implicates Brian Paes-Braga, Tim Young, Frank Giustra and Ross Beaty in a blatantly illegal deal, it’s radio silence.
In fact not total silence, as a couple of “...well I’d bet on Beaty look at his track record/share price… he’s a mega success and who are you again...” comments are the only pushback to date. A line of excuse so hackneyed that LatAm Spanish even has an established expression for it, “Roba pero hace obra” (“robs but does works”), e.g. the politician who gets the collective blind eye because he’s getting things done. The long-suffering citizenry of a whole continent know how that story ends, but that’s another story entirely so let’s leave it there. Good Guys Of Vancouver mining, have your good day.
Mark, I’m a little bit confused about this one.
I understand your thoughts on Steve Z, I disagree. Post-spinout, Esparansa retained 10% ownership of Pucara and a royalty on the assets. Not bad considering they couldn’t progress the property in a bear market.
Anyway that’s beside the point. We each have our own opinions. What I’m confused about is you telling your members to buy Pucara but then bashing the company for weeks. Because you couldn’t buy at 0.50?
Leo, knowing yourself is important when it comes to investing. That you recognize yourself as confused is good, it means you’ll probably let this trade idea pass.
The more likely reason people want nothing to do with you is the duplicitous nature of your character, exemplified by the difference in the post on your blog and the writing in your newsletter about the company (untrustworthy, unreliable and hostile). A second reason could be that people easily saw through your attempt at discrediting the company and getting a desired entry point (hypocrite).
But if it makes you sleep better at night you can tell yourself that it’s because they favour certain people’s corruption… the least likely reason.
But if it makes you feel better at night you can tell yourself you weren’t being sardonic. I see you tried hard, which shows respect and for that I thank you.
the problem is nobody goes to jail…so the bs always repeats. I personally fought High River Gold CEO and CFO many years ago trying spinoff a great silver deposit into a shell company owned by them and some of their broker friends. Your buddy Eric Sprott supported me and we ended up nixing the deal and booting out the CFO. But it amazded me how blatant the theft was and that their lawyers gave it the ok. No jail time ever in Canada for fraud.
Goldbugs should stick to gold. Eric Sprott is an embarrassment.
Ive met him many times, and IMO hes a stand up guy. Dont know why you hate him so much to be honest. I know he thinks Covid is lab driven, etc….but who knows, it may actually be. Sure hes a pumper, but he has been way more correct than wrong and is a hell of smart man
And the Covid morons arrive. You can set your clock to idiots like you.
LOL…didnt take u long to insult me and I was not even trolling.
Mark
I am a bit confused, I signed up for your premium newsletter to get your take on the mining sector.
So you are watching Purcara and also dumping on it on the blog because of the guys involved?
Any advice would help greatly as I am a novice investor.
Getting the feeling you aren’t telling us the truth, “premium subscriber”, what with the category existing in your imagination and you having zero clue of the content of The IKN Weekly. So, a troll.
Tell me, what’s it like to be a chatroom troll? Why do you feel the need to make a comment merely to antagonize? Financial insecurity, or perhaps something deeper? Did you get a little aroused when the “there’s a reply” mail arrived, is that part of the thrill as well?
Say, how’s that whole thing with dev randawa? He in prison yet?
It’s because they are all racists.
Any comment on the fact Giga published voting results today (they don’t have to as a V company) and that milewski skated through with 7,602,068 votes for and 5,488,623 against? https://finance.yahoo.com/news/giga-metals-voting-results-160800768.html
Good guys in Vancouver? Really? My introduction to Vancouver mining was when I got to know Victor Hollister. That might be before your time. He’s the namesake is the Hollister Mine which seems appropriate since it’s a total financial disaster.