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.