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5/30/15

Messi makes the top 20 all-time goalscorer list

In his 13th year of football, Lionel Messi makes the top 20 all-time goalscorer list:



Guaranteed people will remember number 480, too.

The most visited IKN post this week is...


Sure it was a light posting week, what with your author roadtripping and that, but the above post still managed to get a more than decent hit count and reaction. Must have been the tumbleweed GIF, I might use that one again.

5/29/15

I wonder why Ecuador Gold and Copper Corp (EGX.v) waited until post-close Friday...

...to quietly publish the 43-101 compliant PEA on the Santa Barbara Gold/Copper project in Ecuador without any sort of accompanying news release or fanfare?


Oh yeah, that'd be it. 

The IRR drops to 5.5% at U$1,303/oz gold, by the way.

Dalradian (DNA.to) pops at the close

It would seem that somebody somewhere was suddenly desperate to own some Dalradian (DNA.to):



Not that the Canadian market ever leaks news before its time or anything...

UPDATE: A nice man tells me that someone on the trading desk at RBC fat-fingered several names at the close, one of them being DNA. Presumably it's someone who'll also be sweating on his job this weekend and really really looking forward to that Monday morning meeting in the corner office. So it goes.

The Friday OT: Messi is a dog

It's in Spanish but it comes with English subtitles (which you may have to turn on by clicking the CC button) and it's important to understand the words being spoken.



If you've never seen this, today's the day. Magical.

Copper is dumping

That's not a pretty move for copper bulls.

Bitgold (XAU.v), the company that needs no capital, raises capital

The best thing; today's news confirms every suspicion. Goodbye forever Bitgold (XAU.v), we have no need to take you seriously any longer.

BitGold Inc. (TSX VENTURE:XAU) ("BitGold" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by GMP Securities L.P. and including Clarus Securities Inc., Canaccord Genuity Inc. and Dundee Securities Ltd. (collectively, the "Underwriters"), which has agreed to purchase, on a bought deal basis, 5,000,000 common shares (the "Shares") of the Company at a price of C$3.65 per Share, for aggregate gross proceeds of C$18,250,000 (the "Offering"). 
The Underwriters will also have the option exercisable, in whole or in part, to purchase up to an additional 750,000 Common Shares to cover the Underwriters' over-allotment position. In the event that the option is exercised in its entirety, the aggregate gross process of the Offering will be C$20,987,500 
The net proceeds of the Offering are expected (continues here)


True Gold (TGM.v) publishes a news release, IKN checks dictionary for definition of verb "to strengthen"

In the wonderful world of mining NRs you can strengthen your team if your Chief Operating Officer (who also happens to be your VP of Engineering) resigns and the post is handed over to an un-named replacement who won't come on board for a month. Take it away True Gold (TGM.v) and its "True Gold Strengthens Karma Development and Operations Team" this morning.

True Gold is pleased to announce it has hired a new Chief Operating Officer to lead the strengthened team. The new COO, who will join the Company and be formally announced by the end of June, is a mining professional with extensive experience in mine operations and project development with recent and relevant West African experience. Peter Carter has resigned as COO to pursue other interests, and we wish him well in his future endeavours. Continues

And thus your on-site executive COO with 25+ years of mine building and operating experience in large mines around the world suddenly leaves the company. Stronger and stronger.