Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Doctor
on which date / on which day will the result of the vote be known ?
Bloomberg_writes of optimism if_new constitution_vote is shot_down
https://www.bloomberg.com/news/articles/2022-09-02/boric-faces-ultimate-leadership-test-in-chile-constitution-vote?utm_source=google&utm_medium=bd&cmpId=google
Investors see the rejection of the new charter as giving a boost to local markets. While LarrainVial says the peso could strengthen beyond 850 per dollar and the IPSA stock exchange could top 6,300 if the document is voted down, local fixed-income analysts surveyed by Bloomberg see opportunities in lower rated corporate debt or long-dated sovereigns. See paragraph 14
Approval consensus is crumbling for new constitution... CNN
https://edition.cnn.com/2022/09/01/americas/chile-referendum-vote-new-constitution-intl-latam/index.html
Excellente.
The Doctor
Dear_Gabby Boric,_Michele Bachelet_has left_the UN_and is_coming back to_Chile
to be your new mommy. Her 4-year job as Office of the United Nations High Commissioner for Human Rights (OHCHR) expired last night as scheduled but not until after she pulled a funny crazy stunt before the hands of the clock struck 12 midnight.
Shall I tell you what she did? Oh what the hell... lemme' tell ya'.
Well, it seems Michele hiked her dress up, jumped on top of her UN office desk, pulled down her red burlap panties and laid a huge stinky turd right in the middle of her desk for the next UN High Commissioner taking over her job after she blew the whistle on Xi Jinping and China's unfair treatment of the Uyghurs prompting the Chinese to call Michele a "hired thug" for the West this morning https://www.telesurenglish.net/news/China-Rejects-UN-Human-Rights-Report-on-Xinjiang-20220901-0006.html in Havana's commie rag teleSUR, see paragraph 5.
Dear Dear Gabby, if you do let Michele become your new mommy... the repercussions of that move are going to be dire the next time you meet with Xi Jinping. You might want to think twice now about letting Michele into your Palace inner sanctum of lesbians/bull-dykes/butches to help guide your presidency.
The Doctor
PS, Vote REJECTION on the New Constitution September 4.
It_appears Sebastian_Pinera "is"_indeed an_enterprising miner after_all
https://www-reporteminero-cl.translate.goog/noticia/noticias/2022/09/corfo-aporto-us232-millones-proyectos-mineros-participa-sebastian-pinera?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en
Dear Sebastian, sooooo what have you be doing since you left the presidential Palace?
You look taller in this picture.
So of course, now we are all wondering if Martin Borda has privately sold you any shares in his private company... privately?
The Doctor
The_Boric versus_SONAMI Kerfuffle_(and associated_faux pas)_explained in_English
with all the subtle nuances it rightly deserves https://miningpress-com.translate.goog/nota/349972/boric-vs-sonami-por-royalty?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
I need not add anything else for now other than to say this is certainly good historical background for events yet to unfold after the September 4 voting.
The Doctor
Are_you a_masochistic lithium_player in_need of_having your_anal canal
diameter enlarged 2 or 3 times for your next colonoscopy exam? Well, you're in luck... CORFO is now taking applications for the 4th Annual CORFO Lithium Beauty Pageant https://www.portalminero.com/wp/corfo-abre-convocatoria-para-avanzar-en-la-cadena-de-valor-del-litio/ and you can sign up immediately. Of course you may have to wait one year until August 31, 2023 to find out if you will win the anal canal roto-rooting, but what the hell... this is Chile, what's another year sitting on your bum twiddling your thumbs doing nothing. Everybody at CORFO is basically sitting around doing nothing so why shouldn't you also?
The Doctor
Dear_Undersecretary of_Mining Willy_Kracht, when_Marcela Hernando gets_booted
out of office on her fatass after the September 4 plebiscite, please activate your new Mining Rescue Committee
https://www.portalminero.com/wp/subsecretario-kracht-se-comprometio-a-crear-un-comite-de-rescate-minero/
and come rescue us junior lithium miners in Maricunga.
If mommy's boy Gabby Boric does not appoint Ex-Minister Juan Carlos Jobet to replace that useless talking-head Anti-Mining Minister Marcela Hernando then we hope Boric promotes you up one more grade to Minister of Mining.
The Doctor
Forbes_weighing in_on the_September4 vote...it's copper & lithium_Little Grasshopper
Why Chile’s Energy Future Is Everyone’s Energy Future
Like it or not, Chile’s energy future is everyone’s energy future. Sunday’s vote is a key event to the future progression of this energy transition... David Blackmon, Forbes.
The Doctor
Washington_Post clearly_sees Lithium_Connection in_the upcoming Constitution_vote
on September 4 Washington Post Opinion Chile should send its proposed constitution back for a rewrite
Here's the latest Bloomberg status report also run in the Washington Post today (so US Congressmen and Senators especially can see it) https://www.washingtonpost.com/business/why-chiles-draft-constitution-has-come-under-attack-quicktake/2022/08/30/2274ad9c-286c-11ed-a90a-fce4015dfc8f_story.html
Supposedly the Approve/Rejection campaigning inside Chile will cease on September 1... in theory.
The Doctor
New_President takes_over at_SONAMI, Big Jorge_Riesco
https://www.latercera.com/pulso/noticia/sonami-elige-a-su-nuevo-presidente-diego-hernandez-sale-del-gremio-minero-tras-seis-anos-y-asume-el-abogado-jorge-riesco/6F7PS2CDYBGBBFNBSP2MFZCEBM/
Rough translation to English
Dear Big Jorge, your predecessor Diego was clearly a copper guy... I only heard him say the word lithium 112 times in public during his entire last term as president. We junior lithium miners will be looking to see you say the word lithium in public 112 times a week from now on until we are unshackled from this excessive taxing royalty-brutalizing government to actually mine lithium like a normal miner for this country... we hope we can count on you to help us in Santiago.
Best wishes as the new SONAMI President,
The Doctor
PS, and BTW, SONAMI giving Gabby Boric a long overdue good ass-whipping spontaneously last night at the SONAMI dinner was priceless. https://www.portalminero.com/wp/presidente-boric-pide-un-debate-solido-para-llegar-a-un-acuerdo-por-el-royalty-minero/
Boric on the cover of Time Magazine
https://time.com/6209557/gabriel-boric-transcript/
Smart_aleck Boric_skewers Diego_Hernández with_quip: “Don_Diego said_that miners
are opposed to reducing profits in a period of low prices. I ask you, when have you (miners) ever been in favor of handing over part of your profits? When has SONAMI made a statement saying that it is finally time?"
https://www.msn.com/es-cl/noticias/otras/boric-responde-al-gremio-minero-cu%C3%A1ndo-han-sido-partidarios-de-entregar-parte-de-las-utilidades/ar-AA11ihxF
Rough translation to English.
Dear Mommy's Boy Gabby Boric, ha ha, you are so funny in your shielded bully pulpit with your lame canned commie jokes. And the truth is... you sussed us out, we miners are never in favor of handing more of our profits over to you free-loading gimme-gimme lazy commies. What we miners do instead is bring thousands of good fair paying jobs to the unemployed masses so they can make a decent living enabling workers to put food on table every month, have money to educate their children and move up to middle class. And judging from the fact Chile is still 500,000 jobs down from pre-pandemic levels https://www.latercera.com/earlyaccess/noticia/creacion-de-puestos-de-trabajo-se-estanca-en-julio-y-restan-mas-de-500-mil-empleos-para-recuperar-nivel-prepandemia/GUMCOYHLAZDWVDWAN2V5IT65AM/
Rough translation to English
I would say that you should be a little more accommodating/respectful of SONAMI and Diego Hernández you little smart aleck mommy's boy because you are going to need all the friends in mining you can muster after the new constitution rewrite is defeated on September 4 especially after you start biting into the IMF juicy apple taking their easy-peezy quicksand loans to pay for your welfare/giveaway government programs to wholesale buy voters' votes. .
The Doctor
Fitch:_Royalty in_Chile would_harm competitiveness and_growth
https://miningpress-com.translate.goog/nota/349923/fitch-royalty-en-chile-danaria-competitividad-y-crecimiento?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
This Mining Press article is about copper, but we know whatever happens to copper is going to eventually trickle down to us lithium miners as piss always does.
The Doctor
Minister_of Anti-Mining didn't_invite NewCo/MSB or_any lithium_juniors
for that matter to this big mining industry dinner https://www-nuevamineria-com.translate.goog/revista/ministra-de-mineria-encabeza-lanzamiento-de-expomin-2023-con-comite-de-instituciones-patrocinadoras-del-encuentro/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US
that's me third head from the right (party gold pin on my lapel) in the picture.
In fact none of us junior lithium miners have been invited into her office yet to give our input on the NLC (national Lithium Company)... but then again, the sign on her office door does read
No dogs.
No junior lithium miners.
Wipe your feet/belly.
Ring the buzzer.
The Doctor
Brazil's_Bolsonaro says,_hell, mine_all the_lithium you_can. Full speed_ahead!
(I paraphrase the message for brevity, but you get the point)
https://www.innovationnewsnetwork.com/new-brazilian-legislation-boosts-oceana-lithiums-mining-project/24888/
Here_Chile Chile,_come to_mommy, take_the bait,_IMF grants US$18Billion
Flexible Credit Line for Chile https://www.imf.org/en/News/Articles/2022/08/29/pr22294-chile-imf-executive-board-approves-two-year-flexible-credit-line-for-chile
Dear IMF, in 2 years you thankfully (and mercifully, praise the gods) will be actually running things and pulling strings in Chile (ala same as you are doing in Argentina). We junior lithium miners in Maricunga would like to offer our lithium mining services to your secret very rich powerful White genteel lithium-buying clientele as soon as convenient for you to meet with us at any location of your choosing.
As everyone can see Chile is wisely avoiding the Chinese Belt & Road money trap in favor of the good old-fashion IMF money trap which we junior lithium miners would prefer to be associated with for the next twenty years at least.
Sincerely yours,
The Doctor
Bloomberg: Chile Cools
https://www.bloomberg.com/news/newsletters/2022-08-30/what-s-happening-in-the-world-economy-chile-turns-from-hot-to-cold
.... brrrr, I had trouble seeing my little Willy before but now it is so cold in Chile that my Willy is completely disappeared.
Dear Mommy's Boy Gabby Boric, hire some more overly-plump leftist/commie/lesbian/bull-dyke women into your key cabinet/government posts as fluffy cushions like your mommy used to spread around your house growing up... maybe that will make your upcoming fall from power a little less painful when you take the "big fall" that President Jair Bolsonaro is so remarkably/perceptively already talking about for you https://www.barrons.com/news/chile-summons-brazil-ambassador-over-bolsonaro-claims-01661802607
The Doctor
Sad_Littlerabbittrading has_no idea_WTF he_is talking_about saying "Chilean
government is committed still to sustainable/environmentally sounds brine production"
https://hotcopper.com.au/threads/lpi-the-next-lithium-producer-in-chile.6650218/page-1355?post_id=63422676
This story is not about Chile getting all touchy-feely buddy-buddy with SQM (or any lithium miner in Chile) making them more environmentally inclusive/legal or proving to the world Chile is now mucho user-friendly to struggling lithium brine miners like NewCo/MSB, Lithium Chile Inc, SIMCO, MGX or Wealth Minerals Limited.
https://www.latercera.com/pulso-pm/noticia/sqm-recibe-luz-verde-para-millonario-plan-de-inversiones-en-salar-de-atacama-y-busca-evitar-multa-por-afectacion-ambiental/FKHL6AF75JDSVHCLLSUOMIRPHA/
Rough translation to English part 1.
Rough translation to English part 2.
This is a story about a slippery negotiated court settlement whittled down to a pleaded-out 6 environmental violations totaling "in theory" US$115,000,000 for SQM who has been stonewalling & shafting Chile in classic well-choreographed exquisite Julio Ponce legal maneuvers over 52 environmental violations since November of 2016 which could have cost SQM US$$46,603,000 (Total fines US$115,000,000 minus paid since 2013 US$74,703,000) in fines but are now being brilliantly reduced by SQM super-high-powered attorneys down to US$19,000,000 for a measly six violations instead of 52 violations if the court had been able "to fully throw the book" at SQM.
This $19,000,000 is being cleverly earmarked as money to be spent on the nebulous undefined Mother Nature's environment, but it is simply a "white-washed" financial vehicle to add modern fast-evaporation mechanical equipment onsite to reduce SQM's water usage of 1644 liters per second in 2022 down to 822 liters per second in 2027 in order to qualify as a "good white neighbor" just before their lease with CORFO runs out in 2030 at which time they will say to CORFO "adios modernfocker, we sucked out all the lithium we actually wanted from you slimeballs in Atacama and now we will move on to our next privately owned lithium mine... probably in the Maricunga neighborhood". SQM will politely graciously make available the tabulated results to any indian/farmer/Eco-terrorist/tree-hugger in Atacama that might want to look at the written test reports starting in a few years.
Chile isn't doing any favors to us lithium miners. The Chilean Lithium mafia is simply PR white-washing this court-approved fine today to make it look like SQM is graciously giving something back to the poor downtrodden local community... and that is one big laugh. Remember, Julio Ponce has never lost and will never will lose in a Chilean court. He is invincible.
The Doctor
Financial_Times: Chile’s_draft constitution is seriously_flawed
https://www.ft.com/content/ba39cdcc-66d6-4708-a844-93f3ad92679c
Wow,_Honda and_LG Energy_Solution are_a HUGE Goliath_now
https://insideevs.com/news/607158/honda-lges-ev-battery-jv-us/
Stories like this make you and me feel like like little tiny gnats perched on a donkey's_ass in the middle of Maricunga... which is what we devolved into ever since we partnered up with those focking ozzies.
The Doctor
It_appears Goldman-Sachs is_changing their_tune_about lithium prices_dropping
Goldman says "buy commodities now, worry about recession later"
Dear GS, would you like a cold glass of water to wash down that old worn out yarmulke beanie hat/thingie from last May of yours that you are apparently eating now in August?
The Doctor
Arcpro_trying to_pull in_any suckers_he can_now...scribbling in the_air
on shot-in-the-dark/dream-burger charts https://hotcopper.com.au/threads/chart.6730584/page-99?post_id=63408243 which are totally useless on a company like LPI that has never met even one goal or one milestone or one offtake agreement or one JV partnership or one finance agreement or mined/produced even one kilogram of lithium... how on earth can anyone with more than half a brain "chart" a dead horse like LPI laying dead in the road... for the last 5 years? Charts are a ludicrous exercise on a dead horse.
The Doctor
Music_to our_lithium ears,_Boric fixing_to clean-out the_duds in his_cabinet
https://espana247-com.translate.goog/2022/08/29/segunda-etapa-boric-comienza-a-despedirse-de-su-diseno-original-del-gabinete/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
after the September 4 vote on the new constitution.
Note: see last two paragraphs especially in the Espana 247 article.
The Minister of Interior my girlfriend Izkia Siches is probably going to get the "gentle" boot out of office... I am also hoping she is not pregnant because she is looking awful pudgy lately in her PR photos these past few weeks. Boric's party wants her out in exchange for some "tougher/meaner" macho guy to really go in and thoroughly clean clock in the southern part of Chile. .
It also looks like there could be some changes in Ministry of Energy, Ministry of Health, Ministry of Mining and Ministry of Science which is great music to our lithium ears if that mining-hating male-hating USA-hating pimple-popper medical surgeon Dr Marcela Hernando gets tossed out on her fat butt September 5.
The Doctor
Are_we supplying_lithium to_Honda/LG's new_$4B USA_factory... finally?
https://www.cnn.com/2022/08/29/business/honda-lg-electric-vehicles/index.html
hell no we are not supplying lithium to Honda/LG.
We can't even get off our dead_asses to produce enough lithium to run the lithium batteries in an electric dildo much less a small EV car.
The Doctor
Wow,_wow, wow,_Bolsonaro links_Boric to_October 2019 Metro_fires
https://www.latercera.com/mundo/noticia/debate-presidencial-en-brasil-bolsonaro-vincula-a-boric-con-incendios-en-el-metro-de-santiago/6Z33Z7MKMNFL5HRCSCLNFWMPII/
See https://www.msn.com/es-cl/noticias/mundo/debate-presidencial-en-brasil-bolsonaro-vincula-a-boric-con-incendios-en-el-metro-de-santiago/ar-AA11dtmZ?fromMaestro=true
Rough translation to English
OMG... nothing nowhere no-how is taboo-to-say/reveal anymore. If Bolsonaro should win a second term as president in Brazil then I think it is safe to say Bolsonaro and Boric won't be going to any of the same Latin American parties/treaty-signing get-togethers over the next 4 years. Whew, that's heavy. I need to sit down and have a cool one after that shocker.
The Doctor
Dear_TheGekko, if_you lazy_ozzies haven't_jettisoned your_WA properties by_Oct1
then there will be another "unfortunate" delay of our Bearing AGM now reset for the end of October. The real truth is, we need to know "beforehand" how much of your surviving cash is staying in LPI-Chile and how much is going bye-bye in LPI-WA (which we beaners/Canadians have zero desire in owning)... most of us beaners here in Chile were born at night, but we weren't born last night. So you can go on & on driveling with all your new horsesheet/excuse-making https://hotcopper.com.au/threads/lpi-the-next-lithium-producer-in-chile.6650218/page-1346?post_id=63365082 about the US Fed pivoting and big bad mean old Inflation still washing through the globe & Europe, but bottom line is we want to see with our own two eyes your (ie our new) net-net bank account bottom line after your perpetual foot-dragging DeMerger is finalized and before we really vote on a consolidation/marriage. There, now you know the truth so why don't you and Arcpro cut all the baloney about "good delays"... because for this Maricunga project there is no such thing anymore as a good delay.
The Doctor
Dear_Arcpro, if_a meteor_wiped out_Chile tonight,_you would_be on LPI-HotCopper
tomorrow morning saying, "I'm actually thinking a devastating meteor impact to Chile is not a bad thing" https://hotcopper.com.au/threads/lpi-the-next-lithium-producer-in-chile.6650218/page-1345?post_id=63364804
You are such a craven slimy night crawler... you have no inhibitions or empathic self-control when it comes to your Tourette-syndrome amateurish/childish/selfish/ pumping of that POS.
The Doctor
Best_English video_for REJECTING constitution_we've seen so_far
https://reason.com/video/2022/08/26/chiles-proposed-left-wing-constitution-could-spell-chaos/
... from a concerned lithium miner's viewpoint.
The Doctor
When_the new_constitution is_REJECTED, lithium_miners will_have 15_days
to choose sides. The old constitution will of course be in full effect on September 5 and our first priority will be to once again more-loudly demand our supporters in the Lower Chamber of Deputies and the Senate move to reform the existing constitution to repeal the Strategic Mineral Classification on Lithium using the newly formulated 4/7 quorum (as opposed to 2/3) to enact reforms/repeals to obvious self-enriching Pinochet-era national laws such as this very restrictive one.
Our second priority will seem like an act in blind faith but it will be to immediately choose between the left-wing/commies and the right-center-wing to formulate the government's SECOND reform response spanning the next 12 months which Gabby Boric is dead set on redeploying since he is the type of politician who would never stop beating a dead horse lying on the ground... dead. The left-wing/commies will want to choose another 155-delegates "off the street" (including winos/scum out the gutter, gays and firebrand indians) to try rewriting the constitution again once more in the unicameral legislative image envisioned by Fidel Castro, Hugo Chavez and Nicolas Maduro. The right-center-wing will want to "elevate" the reform process to the already duly elected 155 representatives inside the Lower Chamber of Deputies taking care to maintain old tried & true bicameral legislative form simply enacting new "more inclusive" fair modern 21st-century laws/reforms through normal hands-up voting.
The left wing reformists will be headed by Fidel Espinoza, Iván Flores, Matías Walker plus Senator Ximena Rincón and will be the continued kiss of a slow/excruciating death to us lithium miners https://www-diarioconstitucional-cl.translate.goog/2022/08/06/senadores-buscan-asegurar-la-continuidad-del-proceso-constituyente-en-caso-de-ganar-la-opcion-rechazo/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US
The right-center-wing reformists will be headed by former presidential center-right candidate Sebastián Sichel of the Chile Vamos party https://www.pressreader.com/chile/la-tercera/20220822/281573769493281
Rough translation to English
if Mommy's Boy Gabby Boric is going to insist on keeping this festering constitutional rewrite process alive for another grueling 12 months then we as a legitimate involved junior lithium miner in Chile need to hitch our wagon to Sebastián Sichel even before we fully know all of Sichel's strategy or we are going to die a hundred more deaths in Chile.
The Doctor
Dear_Dangero, just_like a_dunce you_perceive nothing._We never_had warm_feet
for you incapable/bumbling/never-met-even-one-milestone ozzies https://hotcopper.com.au/threads/lpi-the-next-lithium-producer-in-chile.6650218/page-1332?get_post=true
We have been just quietly biding our time after biting our lip for the past month waiting to shine again.
We will jump out of bed from you morons at the very first chance we get to escape the 17% screwing/shafting you want to inflict upon us (even after we at Bearing were supposed to be your buddy-buddy best friend on earth). If this is the way you treat your buddies then I shudder to think what you convicts would have done to your enemy in a "consolidation".
The Doctor
Dear_TheGekko, orrrrrr,_we found_a new_more virile_manly smarter lithium_lover
who is much more capable with a much bigger/fatter wallet in the interim before the honeymoon even began hence the reason we pushed back the AGM/bachelor-party another month to get our "new" sheet together. We will of course send your cheap engagement ring back... and BTW the rock you bought for us turned out to be cubic zirconium, but then you already knew that. https://hotcopper.com.au/threads/lpi-the-next-lithium-producer-in-chile.6650218/page-1325?post_id=63334160
... and FYI there are no tax problems in Canada especially for miners.
BLILF UP 7.06% today.
Nyah, nyah.
The Doctor
PS, vote REJECTION on the new constitution September 4.
California_bans sales_of new gas-powered cars by_2035
Buy a car in 2035 and you won’t have to decide between gasoline, diesel or electric. You won’t have a choice.
https://www.latimes.com/business/story/2022-08-25/california-ban-gasoline-mandate-zero-emission-2035
The Doctor
Who's_who, what's_what on_DLE high-tech especially in_Chile
https://www.airswift.com/blog/lithium-extraction-technology?hsLang=en
If Rio Tinto is cozy-cozy kissy-kissy with Rincon's DLE technology (financed with US$825M)... does that mean they as a duo come back to Chile (from Argentina) if the new Chilean constitution gets rejected? And, if Rio-Tinto/Rincon does start looking for lithium properties in Chile, then which lithium properties will they buy?
The Doctor
Newsweek:_Chile's New_Constitution is_Dead in_the Water
https://www.newsweek.com/chiles-new-constitution-dead-water-opinion-1735667
We agree.
Dear Mommy's Boy Gabby Boric,
On September 5 fire that nutjob male-hating USA-hating mining-hating Minister of of Anti-Mining Marcela Hernando and immediately put Chile back in the real world international lithium industry.
The Doctor
Hear_ye, we_shall meet_Oct28... if_someone doesn't_snooker LPI before_then
which is still easily doable. Bearing AGM and Special meeting
https://www.sedar.com/GetFile.do?lang=EN&docClass=16&issuerNo=00031749&issuerType=03&projectNo=03425490&docId=5266803
The Doctor
And one more thing for your rumor mill:
VIA SEDAR
All Applicable Securities Commissions
TSX Venture Exchange
Subject: BEARING LITHIUM CORP.
Pursuant to National Instrument 54-101, we advise of the following with respect to the upcoming annual general and special meeting of shareholders of Bearing Lithium Corp.:
Meeting Date
October 28, 2022
Record Date for Notice of Meeting
September 9, 2022
Record Date for Voting
September 9, 2022
Beneficial Ownership Determination Date
September 9, 2022
Location
Vancouver, British Columbia
CUSIP/ISIN
073898108 / CA0738981087
Class of Securities Entitled to Receive Notice
Common
Class of Securities Entitled to Vote
Common
Type of Meeting
Annual General and Special Meeting
Notice and Access for Registered Holders
No
Notice and Access for Beneficial Holders
No
Issuer Sending Proxy Related Materials Directly to NOBOs
No
Issuer to Pay for Delivery of Materials to OBOs
No
Regards,
"Raymund
VIA SEDAR
All Applicable Securities Commissions
TSX Venture Exchange
Subject: BEARING LITHIUM CORP.
Pursuant to National Instrument 54-101, we advise of the following with respect to the upcoming annual general and special meeting of shareholders of Bearing Lithium Corp. scheduled for September 29, 2022, has been cancelled.
If you require any further information, please contact the undersigned.
Regards,
"Raymund Baterina"
Raymund Baterina, Corporate Secretary
Bearing Lithium
South_Korean EV_battery makers_flock to_USA after_Inflation Reduction_Act
https://www.teslarati.com/electric-vehicle-battery-makers-south-korea-united-states-inflation-reduction-act/
Well, I'll be damn... our very own Uncle Posco is in the forefront of this rush to America.
Isn't that sweet?
The Doctor
Where/how do_we Canadian_miners (CA$21.3B) stand in_Chile?
As of 2020 Canadian miners overall have CA$21.3B invested in Chile https://www.nrcan.gc.ca/maps-tools-and-publications/publications/minerals-mining-publications/canadian-mining-assets/canadian-mining-assets-cma-country-and-region-2018-and-2019/15406
How do Canadian miners view the current government and the upcoming September 4 vote? I think Marisa Coulton can summarize it best for us canucks from a macro perspective https://financialpost.com/news/economy/canada-chile-trade-miners-business-risks-constitution
The Doctor
No_deal with_LPI yet?_Is it_possible Bearing_found a better_suitor
for the entire project and we are now in the driver's seat (with LPI in the backseat)?
August is over...Bearing HQ hasn't made even a tiny peep about voting to merge with LPI and perfunctorily bending over for the 17% roto-rooter reaming job.
Makes you wonder if Uncle Posco & Auntie Samsung who would surely prefer to "walk down the aisle" with Bearing before any ozzie are gearing up for a new lithium deal in Chile doesn't it? And it takes no genius to know that's always been in the back of your mind.
The Doctor
We_support Minister_of Anti-Mining's policy_to replace_all Codelco with_women
regardless if they are all lesbians, gay, semi-qualified, bull-dykes, whatever https://www-nuevamineria-com.translate.goog/revista/ministra-hernando-destaca-exitoso-proyecto-de-codelco-operado-exclusivamente-por-mujeres/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US
In our opinion Codelco should be all women from now on... no men... period.
The Doctor
PS, in all the pictures of the Minister of Anti-Mining adding leftist women-voters (from her lesbo team) to Codelco's payroll have you ever seen one of these women with a shovel in her hand scooping up slag/waste, driving a dump truck, fixing a broken conveyor belt, loading an ore dolly/buggy, running a jackhammer, or lighting dynamite? No you haven't... in every picture they are all holding copies of their freshly-minted college degrees in clean attire or wearing spotless clean orange safety jackets/hardhats pointing off into the distance at some unknown target for the cameras. I have never seen one of them actually doing any work or even a tiny bit dirty/dusty/sweaty.
Yes Marcela, finish continue pile driving Codelco right into the ground and hire all women to replace the men in that antiquated worn-out company.
Dear_Argentina lithium_miners... oooo_tough break,_USA shutting you_out
The United States has just passed a series of laws so that electric vehicle manufacturers must source as of 2023 at least two-fifths of the materials for their car batteries in their own country, use recycled inputs or purchase them from nations with which they have free trade agreements, such as Canada, Chile and Australia https://www-nuevamineria-com.translate.goog/revista/eeuu-restringe-ingreso-de-insumos-criticos-para-autos-electricos-y-abre-oportunidades-al-litio-de-chile/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US
Argentina and Indonesia are not included in this new mineral sourcing law owing to the fact both countries do not have a FTA (Free Trade Agreement) with the USA. Joe Biden wants to be friends with Chile... Mommy's Boy Gabby Boric needs to jettison male-hating mining-hating capitalist-hating USA-hating Minister of Anti-Mining Marcela Hernando after the new constitution is rejected on September 4 and rebuild his "going-forward" Chile-to-USA lithium pipeline which is destined to increase in size/diameter.
The Doctor
After_killing off_the Pinera/Jobet Lithium_Tenders, Colla_now attacking_Codelco
https://www-nuevamineria-com.translate.goog/revista/comunidad-colla-busca-dejar-sin-efecto-permisos-de-codelco-para-explotar-litio-en-maricunga/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US
As you will remember, Shakedown artist Atacama (home of SQM & Albemarle) Governor Miguel Vargas along with a half-dozen of the fattest porker bling-festooned sow Colla indians (descendants of Russian Inuits/Eskimos) used the Chilean Lithium mafia-friendly left-wing courts in Copiapo earlier this year to kill off the two 80,000mt LCE export licenses awarded to BYD and Francisco Javier Errázuriz... needless to say, very powerful Chinese lithium players along with some very prominent Chilean businessmen were very upset over this no-class amateurish bungled extortion attempt since neither BYD or Errázuriz would "bite" on the Vargas/Colla non-public terms.
I need not dwell too much here on how the quasi-governmental Codelco CEOL in Maricunga is basically distinct/separate from the privately-owned NewCo/MSB lithium operation save for a slight overlap in property claims in our Phase 2 which we are basically content to see remain dormant anyway as we "simply go deeper" as need be in Phase 1 under the next government circa 2026 https://www.reuters.com/article/us-chile-lithium-maricunga-idUSKBN1IA0GZ
The August-2022 emboldened Colla and their mysterious carpetbagger parasite handlers/backers/profiteers now want to tangle up (ie handcuff) Codelco's future claim to lithium mining in Maricunga if Codelco can ever be convinced to mine lithium which I believe is never going to happen in our lifetime while they are US$32 billion in debt. I have long espoused that Codelco has a 325,000mt LCE export quota license (remarkably not subject to burdensome SEA rule) https://www-mch-cl.translate.goog/2017/08/14/codelco-se-vera-obligado-negociar-sqm-martin-borda-explotar-litio-maricunga/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US# see 3rd to last paragraph while some people might argue that Codelco has only a 88,885mt LCE export quota license spanning 30 years https://www-atacamanoticias-cl.translate.goog/2018/05/10/maricunga-el-proximo-round-de-la-lucha-por-el-litio/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp which is in reality is a moot point for us at NewCo/MSB since Codelco does not have the correct/juicy-rich property to mine either quota tonnage, their bank account is kaput, they do not have the will to jump into lithium mining nor the intelligence/expertise to mine lithium plus their charter specifically bars them mining any mineral other than copper https://www.google.com/books/edition/_/BNN6-zkm5M8C?hl=en&gbpv=1&pg=PA157
The best thing and most likely thing to happen here is Codelco sells its lithium CEOL https://www.diariooficial.interior.gob.cl/publicaciones/2018/03/01/41996/01/1360658.pdf with free-range roaming rights within perhaps 100 miles of its property in Maricunga to the highest bidder (eg SQM or Julio Ponce privately) after Boric guarantees no legal ramifications/punishments/lawsuits will encumber the sale. Or, Codelco sheds this lithium albatross from its neck and gives the CEOL to the NLC (National Lithium Company) who can then in turn give it to all the LGBTs, leftists, loafers, rioters, indians, Colla (ie Russian descendants) who want to mine lithium on their own property... or not mine lithium to preserve their precious sacred desert wasteland/junkyards (sans anymore slimy passive kickbacks/payoffs/fake-consultant-contracts/bribery/vig of course.
The Doctor
2Q_for 2022_Albemarle is_selling lithium_for US$54,000/mt
https://www.msn.com/es-cl/dinero/noticias/la-estadounidense-albemarle-paga-a-corfo-us-24200-millones-en-primer-semestre-por-el-litio/ar-AA10Spam?fromMaestro=true
see paragraph 5
Rough translation into english
We will plug this current US$54,000/mt number into our spreadsheet if a day ever arises that we want to look at the budgetary numbers for our Maricunga project again.
The Doctor
Yeow!_Cat jumps_out of_the bag._SQM surpasses_Codelco
SQM versus Codelco: "private" lithium paid more to the treasury than state copper in the first half of 2022
https://www.msn.com/es-cl/noticias/otras/sqm-versus-codelco-el-litio-e2-80-9cprivado-e2-80-9d-pag-c3-b3-al-fisco-m-c3-a1s-que-el-cobre-estatal-en-el-primer-semestre/ar-AA10Og8Q?fromMaestro=true
Rough translation to English
Reporting Live from Chile:
Bloonberg Reporter Karen Rodriquez: Senor Codelco, You are easily 50 times more bigger than SQM and yet for the first half of 2022 this lithium miner has delivered more tribute (money US$2.2 billion) to the Chilean Treasurer than you at US$1.67 billion... do you think this difference is because Codelco has to pay excessive bribes and kickbacks under-the-table to all the corrupt politicians in Chile and extra wages to all the thousands of new lesbians/dykes hired under the Minister of Anti-Mining's campaign to insert recent female semi-competent engineering graduates into pretend "make work" jobs at Codelco?
Codelco:... focking brown-nosing SQM snitches.
Bloonberg Reporter Karen Rodriquez: Senor Codelco, does this embarrassing shortfall in "contributions" to the Chilean Treasury mean Codelco will have to change your customary 3-hour paid martini lunches with siestas program to 1-hour normal lunches with no siesta?
Codelco: ... focking brown-nosing SQM snitches.
Bloonberg Reporter Karen Rodriquez: Senor Codelco, does this revealing situation mean that the outrageous bonuses and program of 2-month yearly paid vacations to top Codelco executives will have to be halved... or quartered?
Codelco: ... focking brown-nosing SQM snitches.
Bloonberg Reporter Karen Rodriquez: Senor Codelco, does this now mean all of management's untraceable/open-ended petty cash accounts to be used for business expenses/company-office-equipment/ entertainment/booze/coke/whores/pubic-relations/travel/luxury-class-Mercedes-Benz-company-cars will have to be scaled back?
Codelco:... focking brown-nosing SQM snitches.
Bloomberg:_The favorite_of Latin_America is_now riskier_than chaotic_Peru
https://chile.detailzero.com/news/33558/Bloomberg-and-his-analysis-of-Chile-The-favorite-of-Latin-America-is-now-riskier-than-the-chaotic-Peru.html
The swaps of credit risk suggest that it is more likely that Chile, the former favorite of Latin America, will stop paying its debt in the next five years than Peru. Although both economies are dependent on raw materials and run large fiscal deficits, Peru’s political instability is on a totally different level of melodrama than Chile’s. The prime minister, Aníbal Torres, recently called on the population to defend the government in the streets from a possible “coup”, and the president, Pedro Castillo, who faces a second possible impeachment process. Nevertheless, the cost of insuring Peru’s five-year debt against default is now lower than in Chile, and by the widest margin in at least a decade, except for a brief period at the beginning of the pandemic. Chile’s credit default swaps are also trading at a wider spread than Panama’s, implying that this is very much a Chilean problem.
A year ago if you would have told me that Chile is going to fall behind Peru and become an international focking deadbeat I would have said you were loco in the head... but it is August 2022 and here we are in the toilet behind that sombrero-wearing cowboy-wannabe illiterate/incompetent pipsqueak farmer moron Pedro Castillo in Peru. It is unbelievable how far Chile has fallen just since March of this year.
The Doctor
Bloomberg:_Chile Economy_on Brink of_Recession Amid Rampant_Inflation
https://www.bloomberg.com/news/articles/2022-08-18/chile-s-economy-stagnates-in-second-quarter-as-demand-withers
or https://finance.yahoo.com/news/chile-economy-brink-recession-amid-133734734.html
On Sept. 4, voters will head to the polls for a referendum on a new charter that was written in response to social unrest in 2019-2020. Polls show the proposal will likely be rejected, though Boric has said he will back a new constitutional rewrite, a move that could prolong political uncertainty.
Mining_Press: Chile_has become Anti-Mining State_now
https://miningpress-com.translate.goog/debate/349655/guajardo-por-que-se-estanca-el-cobre-en-chile?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Such a pronouncement by Juan Carlos Guajardo comes as no surprise for us junior lithium miners on this message board... we have been saying Chile is being run by a male-hating mining-hating Minister of Anti-Mining since mommy's boy Gabby Boric took over last March who's only goal is to mine even more countless redundant paper reports, more consultants' paid-expert studies on paper, and every single input/bitch on paper from every Eco-terrorist/queer/lesbian/thieving-extorting indian she can find loafing/grifting in the back alleys behind her office.
The Doctor
Chilean_Lithium mafia_is doing_quite well_and prospering_nicely, thank_you
.... and in other news SQM reports near ten-fold jump in Q2 net profit
The Doctor
Followers
|
7
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
3193
|
Created
|
06/08/18
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |