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FriarN

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About FriarN

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  1. Astronomers Claim to Spot Multiple Bodies of Liquid Water on Mars Two years ago, a team of Italian scientists claimed to have discovered a subglacial lake near the Martian south pole. The same team has collected further evidence to bolster this claim, including the apparent discovery of even more buried bodies of liquid water. The new research speaks to the potential for life on Mars, but not everyone is convinced by the evidence. More liquid water may exist beneath the Martian surface than we realized, according to new research published today in Nature Astronomy. The new paper describes several newly detected subglacial water bodies beneath the Martian south pole, in addition to the described water body found two years ago.
  2. I am going to update this BLUE CHIP Paper Portfolio, to see if it outperformed the PSEI index BLUE Portfolio PortB. : # shs : 07/15: value : Pct. : 09/25 : value : % chg. CASH : ——— : ——— : P1,060 : 1.1%: -- -- -- : P1,060 : AGI : 5,500 : P6.00: 33,000 : 33.0%: P7.06: 38,830: +17.7% - DrB’s pick AC. : 45 : 732.0 : 32,940 : 32.9%: 692.5: 31,163: - 5.40% SMC. : 330 : 100.0: 33,000 : 33.0%: P98.5: 32,505: - 1.50% ===== ==========> : 7/15: 100,000: ====>: 9/25: 102,499: +2.50%, thnx to AGI = PSEI Index> : 7/15: 6,017 : ====>: 9/25 : 5,839 : - 2.96% Only AGI was up. That was DrBubb's suggestion. It is hard to beat the market averages. In this case by buying an undervalue stock when it was oversold, it was possible for the paper portfolio to beat the index by 5.5%
  3. HOW MANY WARRANTS? = 17.71 Million @ C$2.75 + CGC Shares: 2,222,222 special warrants sold at an issue price of $2.25 (1.11Mn wts) 2,222,222 new shares + 1,111,111 new warrants, with strike price at $2.75. Expiry: until July 29, 2025. Caldas Gold may accelerate the expiry date of the Warrants after July 29, 2023 in the event that the closing price of the Common Shares on the TSX Venture Exchange (or such other exchange on which the Common Shares may principally trade at such time) is greater than CA$2.75 per share for a period of 20 consecutive trading days + CGC Gold-linked Debs: $83.1 Million with 200 wts (at C$2.75 strike) per $1,000 Face / (so US$83.1 Million = 16.6Mn wts (footnote on CL's hldg.: 30k + 300k x200= 60k : 90k x$3= C$270k)
  4. Will CGC BREAKOUT? Or slide... Now that the placement shares sold at $2.25 -wts, start trading? CGC group: YTD.: 10d / CGC: $2.85 (45.4%), GCM: $6.28, wtB: $4.15 - @ 9.25.2020 GCM group: YTD.: 10d / GCM: $6.28, wtB: $4.15, CGC: $2.85: GLDX: $3.65, ESV.h: $0.56, WA: $0.155 @ 9.24.20  (Adding ESV in late Sept., "Group" valuations may look like this): Gran Colombia related Companies & Enterprise Value of Deposit - (4/16/2020 framework) @ 9/24/2020 Company ————— (symbol) $ Price: shsOS: MktCap. : Gcm%: $-Value (%GCM): 02/24: vs. Old Peak Val. Caldas Gold Corp. (CGC.t. ) : C$2.85: 106.M: $302.1M: x57% : $172.2M: (44.3%): C$2.00: $212.0M, $157M Gold X Mining Corp. (GLDX.v): C$3.65: 58.9M: $215.0M: x21% : $45.15M: (11.6%): C$2.34: $137.8M, $ 29M "Denarius Silver". (ESV.h.v): C$0.56: 71.2M: $ 39.9M: x47% : $ 18.75M: ( 4.8%): C $0,00: $. 0.00M, $ 00M Western Atlas Res. (WA.v. ) : C$.155: 80.0M: $ 12.4M: x20% : $. 2.48M: ( 0.6%): C$.085: $ 6.80M, $ 1.4M === : Four GCM co’s ====== : =====: =====: $569.4M: ==== : $238.6M: (61.4%) =====> : ======> $187M (44%) Gran Colombia Gold (GCM.t): C$6.28: 61.9M : $388.7M: ==== : ======= : (100.%): C$6.94 : C$422M (100%) --------- vs. 4/16/2020 (GCM.t): C$5.70: 60.8M : $346.6M: ==== : ======= : (100.%): C$6.94 : C$422M (100%) Wow. Over 60% (ie 61.4%) of GCM's MktCap is covered by investments in these four companies RATIO: CGC to GCM looks like a "SELL" at about 50% - Now 45%
  5. Special Wts, Will be split & trading on Monday (Sep.28th) Caldas Gold files final prospectus for offering / 2020-09-21 18:20 ET - News Release Mr. Mike Davies reports CALDAS GOLD FILES SHORT FORM PROSPECTUS IN CONNECTION WITH OFFERING OF SPECIAL WARRANTS Caldas Gold Corp. has filed and obtained a receipt for a final short form prospectus in each of the provinces of Canada, except Quebec, in connection with its $50-million bought deal private placement of 22,222,222 special warrants, completed on July 29, 2020. The prospectus qualifies for the distribution 22,222,222 common shares and 22,222,222 common share purchase warrants, issuable for no additional consideration, upon the deemed exercise of the special warrants. The offering was conducted by a syndicate of underwriters co-led by Scotiabank and Canaccord Genuity Corp. As a result of obtaining the receipt, the special warrants shall be deemed to be exercised and the common shares and warrants underlying the special warrants will be issued, effective at 5 p.m. Toronto time on Monday, Sept. 28, 2020.
  6. GCM group: YTD.: 10d / GCM: $6.28, wtB: $4.15, CGC: $2.85: GLDX: $3.65, ESV.h: $0.56, WA: $0.155 @ 9.24.20 (Adding ESV in late Sept., "Group" valuations may look like this): Gran Colombia related Companies & Enterprise Value of Deposit - (4/16/2020 framework) @ 9/24/2020 Company ————— (symbol) $ Price: shsOS: MktCap. : Gcm%: $-Value (%GCM): 02/24: vs. Old Peak Val. Caldas Gold Corp. (CGC.t. ) : C$2.85: 106.M: $302.1M: x57% : $172.2M: (44.3%): C$2.00: $212.0M, $157M Gold X Mining Corp. (GLDX.v): C$3.65: 58.9M: $215.0M: x21% : $45.15M: (11.6%): C$2.34: $137.8M, $ 29M "Denarius Silver". (ESV.h.v): C$0.56: 71.2M: $ 39.9M: x47% : $ 18.75M: ( 4.8%): C $0,00: $. 0.00M, $ 00M Western Atlas Res. (WA.v. ) : C$.155: 80.0M: $ 12.4M: x20% : $. 2.48M: ( 0.6%): C$.085: $ 6.80M, $ 1.4M === : Four GCM co’s ====== : =====: =====: $569.4M: ==== : $238.6M: (61.4%) =====> : ======> $187M (44%) Gran Colombia Gold (GCM.t): C$6.28: 61.9M : $388.7M: ==== : ======= : (100.%): C$6.94 : C$422M (100%) --------- vs. 4/16/2020 (GCM.t): C$5.70: 60.8M : $346.6M: ==== : ======= : (100.%): C$6.94 : C$422M (100%) Wow. Over 60% (ie 61.4%) of GCM's MktCap is covered by investments in these four companies
  7. WILD.t vs DIS / Disney ... update: 10d / C$1.48 vs $124 : ratio- 1.19% Ratio: C$1.48 vs $124 = 1.19% ... 1.5% x $124, would be: C$1.86
  8. WILD TIMES for the old stock this week... as the news flow gets better WILD.t .... 5-yr: 2-yr: 10d: Last; $1.48 +0.17, +13.0% : 10d: Last; $1.48 +0.17 NEWS Date ET Symbol Price Type Headline 2020-09-25 08:30 C:WILD 1.31 In the News Globe says Wildbrain seen to have "turned the corner" 2020-09-22 18:53 C:WILD 1.15 SEDAR Annual Information Form SEDAR Annual Information Form 2020-09-22 18:53 C:WILD 1.15 SEDAR Audited Annual Financial Statements SEDAR Audited Annual Financial Statements 2020-09-22 18:39 C:WILD 1.15 News Release Wildbrain loses $236-million in fiscal 2020 2020-09-22 18:36 C:WILD 1.15 SEDAR MD & A SEDAR MD & A Improve Cash Flow and Balance Sheet Positive Free Cash Flow of $9.3 million in Q4 2020 vs Free Cash Flow of $4.1 million in Q4 2019. Fiscal 2020 positive Free Cash Flow of $27.1 million vs Free Cash Flow of $10.4 million in Fiscal 2019. Net leverage ratio3 was 5.40x at June 30, 2020 vs 5.92x at June 30, 2019. In Fiscal 2021, we will continue to create premium kids' content with priorities focused on growing key brands, monetizing our large audience on Wildbrain Spark viewership and improving cash flow and the balance sheet. Financial Highlights Financial Highlights (in millions of Cdn$) Three Months ended June 30, Year ended June 30, 2020 2019 2020 2019 Revenue $92.9 $108.8 $425.6 $439.8 Gross Margin $39.6 $48.0 $187.8 $186.8 Gross Margin (%) 43% 44% 44% 42% Adjusted EBITDA attributable to Wildbrain $18.7 $20.2 $81.8 $79.6 Net Income (Loss) attributable to Wildbrain $4.0 $(62.8) $(236.0) $(101.5) Basic Earnings (Loss) per Share $0.02 $(0.47) $(1.51) $(0.75) Free Cash Flow $9.3 $4.1 $27.1 $10.4 Q4 2020 revenue was $92.9 million compared with $108.8 million in the same prior year quarter. The decrease was primarily driven by declines at Wildbrain Spark, resulting from changes in "Made for Kids" content policy made by YouTube and the negative advertising impacts of COVID-19, as well as Consumer Products-Owned revenue, which were also impacted by COVID-19. These declines were partially offset by higher Production revenue. Fiscal 2020 revenue was down 3% to $425.6 million vs $439.8 million in Fiscal 2019, primarily due to decreases at Wildbrain Spark and in our Consumer Products-Owned business. === Globe says Wildbrain seen to have "turned the corner" 2020-09-25 08:30 ET - In the News The Globe and Mail reports in its Friday, Sept. 25, edition that RBC Dominion Securities analyst Drew McReynolds says Wildbrain's fourth quarter results brought "a turning point on visibility." The Globe's David Leeder writes in the Eye On Equities column that Mr. McReynolds removed the "speculative risk" qualifier from his "sector perform" rating. He reiterated his $1.50 share target, which exceeds the $1.18 consensus. Mr. McReynolds says in a note: "We believe the company has turned the corner on a period plagued by execution challenges, a sooner-than-expected shift in content demand and a levered balance sheet following major content investment and M&A. We continue to have greater confidence in execution under the new management team and see the potential for upside in the shares in a successful turnaround and de-levering scenario. While we remain patient for more attractive and/or timely entry points balancing the lagged impacts of growth initiatives with ongoing COVID-19 headwinds and still high leverage, we are encouraged by the progress to-date." Elsewhere, CIBC World Markets analyst Robert Bek upgraded Wildbrain to "neutral" from "underperformer" with a $1.25 share target.
  9. Peter Schweizer: Senate Must Subpoena Hunter Biden, Joe Biden’s VP Visitor Logs Peter Schweizer called for Senate Republicans to subpoena Hunter Biden to investigate financial dealings with foreign interests. Schweizer remarked, “[The Senate report] indicates that the Biden family has run a veritable United Nations of corruption. While [Joe Biden] was vice president, Hunter Biden and some of the other members of the family were going around the globe, really securing money from corrupt foreign sources for quote-unquote projects or businesses that they had absolutely no qualifications for and that these were really more payoffs than anything else.” Schweizer urged senators to use their subpoena powers to investigate. “This Senate committee, which has subpoena power, needs to subpoena Hunter Biden, and I think there needs to be a look immediately at the internal records of meetings involving the vice president,” stated Schweizer. “They need to subpoena the records of all visitors to the vice president’s home during the Obama administration and see if any of these [Ukrainian] officials show up.” Schweizer added, “This cries out for further investigation.”
  10. IT's AMY: Trump Selects Amy Coney Barrett As Supreme Court Nominee: Report on Daily Caller The Wall Street Journal reported that Trump told congressional Republicans that he will choose Barrett, according to sources familiar with the situation. Trump is expected to make the formal nomination Saturday. The White House declined to comment to the Daily Caller News Foundation. If nominated and confirmed, Barrett would replace former Supreme Court Justice Ruth Bader Ginsburg, who died Sept. 18 at the age of 87 due to complications of metastatic pancreatic cancer. Barrett’s pro-life stances contrast sharply to Ginsburg’s fierce defense of abortion access in the United States, and the projected Supreme Court nominee is frank about prioritizing her Catholic faith > https://dailycaller.com/2020/09/25/trump-picks-amy-coney-barrett-report/ Here Are 4 Ways Democrats Might Try To Block Trump's Supreme Court Nomination Here are four tricks Democrats might use to try and block Trump’s nomination. 1. Impeachment 2. Packing the Supreme Court 3. Picking off moderate Republicans 4. “Burn down the country” Calling for violence could be an invocation of what is already happening in major cities across the country. Ongoing riots have led to a spike in violent crime and are now the most expensive instance of civil unrest in American history, costing more than $1 billion in damage according to a recent report. (Sore-arse should cover every penny of that damage, with Blazing-Ford paying maybe 0.01%.) > https://dailycaller.com/2020/09/25/democrats-block-trump-supreme-court-nomination-ruth-bader-ginsburg-impeachment-senate-riots/
  11. Charts ... update: 10d/ Last: I own the GCM.wtB and shares & wts in CGC (thru the recent placement)
  12. Re: Bluestone (BSR) valuation @1.92 bsr. ... update : vs-gcm : looks about as cheap as gcm, based on these figures... Compare with GCM: trading at how many years production, at $1500/oz gold BSR : 143.2M x$1.92= $275M: 146k oz x$1500= $219M ($ 579: $84.5M)= $134M: +++ : +Capex $230M= $505M: 146k oz x$1500= $219M ($ 579: $84.5M)= $134M: 3.8 yrs GCM: 61.92M x$6.46= $400M: 220k oz x$1500= $330M ($1000: $220.M)= $110M: 3.6 yrs
  13. Gran Colombia Gold to spin out Zancudo project to ESV 2020-09-24 17:10 ET - News Release Zancudo comprises a historical silver-gold mine (the Independencia mine) located in the Middle Cauca gold belt. Gran Colombia acquired Zancudo in 2010 and completed a 14,000-metre drilling program carried out in 2011 and 2012. + ESV will issue 27 million common shares to Gran Colombia + 6.67 Million shares: at a price of 45 cents per subscription receipt. Gran Colombia intends to subscribe for $3-million of the concurrent financing. = 33.67 Million x0.45= $15.15m ESV chart : soon to be: Denarius Silver Mr. Mike Davies of Gran Colombia reports GRAN COLOMBIA ANNOUNCES LETTER OF INTENT TO SPIN OUT ITS ZANCUDO PROJECT Gran Colombia Gold Corp. has entered into a letter of intent dated effective Sept. 23, 2020, with ESV Resources Ltd. to spin out its interest in the Zancudo project to ESV. Gran Colombia will also subscribe for $3-million of subscription receipts in a non-brokered private placement being completed concurrently by ESV as described further herein. Serafino Iacono, executive chairman of Gran Colombia, commenting on the news, stated: "In light of the bullish outlook for silver, we see the acquisition of an investment in ESV as a tremendous opportunity to participate in a new vehicle that is turning its attention to becoming a silver-focused company looking to offer its shareholders exposure and leverage to the precious metal. We also see the spinout of our interest in the Zancudo project as an opportunity to create value for our shareholders in this undervalued silver-gold asset. We will be providing in-country operational expertise to ESV to advance their projects in Colombia, including an exploration program planned for the Guia Antigua project following completion of the transactions and financing by ESV." Zancudo Project spinout The Zancudo project consists of a 1,052-hectare mining concession area located in the Titiribi mining district in Antioquia, Colombia, about 27 kilometres southwest of Medellin. Zancudo comprises a historical silver-gold mine (the Independencia mine) located in the Middle Cauca gold belt. Gran Colombia acquired Zancudo in 2010 and completed a 14,000-metre drilling program carried out in 2011 and 2012. In March 2017, Gran Colombia signed an option agreement with Iamgold Corp. for the exploration and potential purchase of an interest by Iamgold in Zancudo. Under the agreement, Iamgold was granted an option to acquire an initial undivided 65-per-cent interest in Zancudo by incurring an aggregate of $10-million (U.S.) of mineral exploration expenditures over a six-year period, subject to meeting specified annual work commitments during this period. From 2017 through 2019, Iamgold has completed a total of approximately 16,224 metres of drilling at Zancudo and has incurred over $4-million (U.S.) of its exploration commitment. However, due to COVID-19, Iamgold has suspended its drilling program thus far in 2020. Iamgold was also granted an additional option to acquire a further 5-per-cent undivided interest, for an aggregate 70-per-cent undivided interest in Zancudo, by completing a feasibility study within three years after exercising the first option. Upon exercise of the first option or the second option, as the case may be, the parties will form a joint venture to hold Zancudo, to advance the exploration and, if feasible, to advance the development and mining of any commercially exploitable orebody. Under the terms of the spin out transaction, ESV will issue 27 million common shares to Gran Colombia in exchange for its interest in the Zancudo project. In addition to any escrow restrictions imposed by the policies of the TSX Venture Exchange, all common shares issued to Gran Colombia will be subject to a voluntary pooling arrangement from which one-quarter of the shares will be released on each of Dec. 28, 2020, March 27, 2021, June 27, 2021, and Sept. 27, 2021. ESV has also agreed to be bound by the terms of the option agreement with Iamgold. ESV private placement ESV has announced that it has also signed a letter of intent with 1255269 B.C. Ltd., a company not related to Gran Colombia or any insiders of Gran Colombia, to concurrently acquire all of the outstanding share capital of the Guia Antigua vendor. The Guia Antigua vendor owns the Guia Antigua project, which encompasses the exploration, development and mining rights to a 386-hectare area located in the eastern part of Gran Colombia's Segovia mining title focused on the high-grade silver-gold Guia Antigua vein, which falls outside the areas associated with Gran Colombia's mining operations and exploration activities. As a condition to completing the acquisitions of both the Zancudo and Guia Antigua projects, ESV has announced that it intends to complete a non-brokered private placement financing to raise up to $7-million through the issuance of up to 15,555,000 subscription receipts of the Guia Antigua vendor at a price of 45 cents per subscription receipt. Gran Colombia intends to subscribe for $3-million of the concurrent financing. > MORE > https://www.stockwatch.com/News/Item?bid=Z-C:ESV-2967273&symbol=ESV&region=C
  14. LIES HELP to Maintain the Violence Breonna Taylor investigation reveals sequence of events that led to her death: Cops DID knock on the door, her boyfriend shot first and she died in a hail of bullets next to him in the hallway and NOT in bed as repeatedly claimed A state investigation into the fatal police shooting of Breonna Taylor has laid bare the final moments of her life, revealing the 26-year-old EMT was killed while standing next to her boyfriend after she was shot by cops six times. / 2 / CAMERON: Finally a black AG who thinks straight and is not a race hustler Kentucky AG and rising GOP star Daniel Cameron slams 'celebrities, influencers and activists for 'suggesting they understand the facts of the Breonna Taylor case and telling people how to feel' Kentucky Attorney General Daniel Cameron has called out 'celebrities, influencers and activists' for weighing in on the grand jury findings in the Breonna Taylor case, saying they will 'try to tell us how to feel.' > http://www.stationgossip.com/2020/09/kentucky-ag-and-rising-gop-star-daniel.html
  15. The Truth About Joe & Hunter Biden. Will It Ever See The Light Of Day On MSM? September 24, 2020 MAYBE A SHOCK FOR YOU, TOVARISH, BUT SOME OF US HAVE STAYED AWAKE THE LAST TWO YEARS: Shock Senate Report Finds …
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