Thursday, October 28, 2021 7:31:38 PM
Litany in Time of Madness and Bubbles
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"Few things are more destructive to Christians than anger. Anger causes us to lose our self-control and to say and do things we would otherwise never consider. Anger, if allowed to remain, turns into bitterness that eats away at our hearts."
Henry Blackaby
“There is nothing so threatening to systemic evil as those willing to stand against it, regardless of the consequences.”
James W. Douglass
"He will perish for lack of self-restraint; and will be lost because of an abundance of foolishness."
Proverbs 5:23
"The Fates are just: they give us but our own; Nemesis ripens what our hands have sown."
John Greenleaf Whittier
“The essence of a speculative bubble is a sort of feedback, from price increases, to increased investor enthusiasm, to increased demand, and hence further price increases. Major speculative bubbles, as I argued in Irrational Exuberance, are always supported by some superficially plausible popular theory that justifies them, and that is widely viewed as having sanction from some authority figures. These may be called new-era theories.”
Robert Shiller
The 3Q advanced GDP number came in light enough to make investors think that the Fed will not reduce its morphine money injections to the markets through their Banks anytime soon.
But it was not bad enough to discourage hopes for outsized corporate profits to make up for last year.
Gold and silver are still being held down firmly below key overhead resistance.
The drain on physical gold in Hong Kong is getting serious, again.
Time to scrape out the physical from the ETFs (again)?
The Dollar dropped in keeping with trader sentiment about Fed dovishness.
Hold on to your hats.
Have a pleasant evening.
https://jessescrossroadscafe.blogspot.com/
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.
.
.
MARKET MOVERS
Ticker Last Change Volume Signal
HCWB 4.73 61.99% 171087097 Top Gainers
VRAR 14.68 51.18% 18802630 Top Gainers
METX 0.60 44.34% 428971147 Top Gainers
IFRX 4.06 41.96% 120737867 Top Gainers
TRIT 8.11 34.49% 60917944 Top Gainers
WOLF 121.04 33.20% 8770619 Top Gainers
LC 42.07 33.05% 18911756 New High
LTRX 9.36 15.70% 1207979 New High
MXL 60.97 17.88% 1832372 New High
MPACU 11.47 8.00% 22839 New High
HUDI 28.30 18.21% 1052843 Overbought
SEATW 3.58 -0.25% 291120 Overbought
HCWB 4.73 61.99% 171087097 Unusual Volume
TRIT 8.11 34.49% 60917944 Unusual Volume
IFRX 4.06 41.96% 120737867 Unusual Volume
MPAC 10.57 5.81% 4107992 Unusual Volume
ARGX 280.83 0.45% 352903 Upgrades
AB 55.84 0.18% 333815 Earnings Before
INTC 48.08 0.40% 30982174 Insider Buying
MINING MOVERS
Company Change Last% Trade
Franco-Nevada 2.30 1.30 $179.04
Lithium Americas 1.75 5.37 $34.36
Solaris Resources 0.83 6.13 $14.38
American Lithium 0.60 19.05 $3.75
Los Andes Copper 0.59 6.28 $9.99
Rock Tech Lithium 0.56 7.56 $7.97
Great Bear Resources 0.55 3.20 $17.75
Newcrest Mining 0.50 2.22 $23.00
Victoria Gold 0.48 2.60 $18.92
Lundin Mining 0.44 4.39 $10.46
Emerita Resources 0.43 13.31 $3.66
Nouveau Monde Graphite 0.37 3.87 $9.93
Atalaya Mining 0.30 4.35 $7.20
Gold Mountain Mining 0.22 12.15 $2.03
E3 Metals 0.21 7.64 $2.96
HIGH VOLUME
Company Volume Last Trade
Nexus Gold 5,441,108 $0.03
Uranium Energy 4,036,241 $3.85
B2Gold 3,854,647 $5.34
GoGold Resources 3,843,430 $3.42
Kinross Gold 3,216,403 $7.73
Denison Mines 3,068,987 $2.18
Three Valley Copper 2,719,368 $0.30
Lundin Mining 2,555,846 $10.46
American Lithium 2,517,241 $3.75
Trevali Mining 2,516,626 $0.23
NexGen Energy 2,486,019 $6.90
Millennial Precious Metals 2,215,429 $0.40
Yamana Gold 2,162,147 $5.25
Northwest Copper 2,026,980 $0.88
Alamos Gold 1,839,582 $9.60
Implats in Talks to Become a Platinum Metals Giant
The Impala Platinum Holdings Ltd., also known as Implats, shaft 1 mine tower in Rustenburg, South Africa, on Wednesday, March 10, 2021. South Africa's mining industry employs more than 450,000 workers and contributes about 8% to national gross domestic product. , Bloomberg
(Bloomberg) -- Impala Platinum Holdings Ltd. is in talks to buy its smaller rival Royal Bafokeng Platinum Ltd., in a deal that Implats said may create South Africa’s largest platinum-group metals producer.
Flush with cash after higher rhodium and palladium prices, Implats is seeking to expand by buying lower cost and mechanized assets as some of its deep-level operations near their end. The company said Wednesday a deal for all of Royal Bafokeng’s shares may involve cash and equity and the outstanding details could be concluded in the coming weeks.
Implats has long sought to combine with Royal Bafokeng, and a deal would help the producer exploit synergies from deposits adjacent to its sprawling Rustenburg mining complex. It should also extend the life of Rustenburg mines and end royalties that Implats was paying to Royal Bafokeng to mine part of the adjacent reserves, Kagiso Asset Management Ltd. said.
Implats shares fell 1.9% in Johannesburg, while Royal Bafokeng climbed 16%, valuing the company at about $2.1 billion.
“It’s a transaction that’s been a long time coming, with clear benefits for Implats specifically,” said Mandi Dungwa, an analyst at Kagiso in Cape Town.
Stricter car-emissions rules have kept palladium and rhodium -- key metals in autocatalysts -- in tight supply and at historically high prices, increasing earnings for mining companies. Implats in September reported a record profit, prompting it to boost its dividend. It marked a turnaround for the company, which just three years ago was on the verge of cutting more than 10,000 jobs and closing some operations.
Implats’s interest in taking over a rival also indicates that there’s still appetite for PGM assets, even as a chip shortage weighs on the auto sector.
“Our interest in RBPlat has been known for a very long time and the strategic rationale is well understood by everyone,” Implats spokesman Johan Theron said by phone. “Its always been a matter of the planets aligning to make such a deal possible, hopefully we now find ourselves at that time.”
Sibanye Stillwater Ltd.’s deal this week to pay $1 billion for nickel and copper mines in Brazil shows how miners are looking to use cash to expand. After buying up PGM assets from Zimbabwe to North America, Sibanye is now looking toward battery metals needed for a green revolution.
A deal between Implats and Royal Bafokeng would see the combined company mine about 3.45 million ounces a year, overtaking Sibanye and Anglo American Platinum Ltd. in terms of attributable PGM output, Theron said. That would see it rival Russian giant MMC Norilsk Nickel PJSC.
“We think it’s likely to be a good deal, but this comes with a disclaimer because we haven’t seen the metrics yet on what the price is, or the mechanisms, and whether it will be shares and cash or a combination,” said Rory Kutisker-Jacobson, a portfolio manager at Allan Gray Ltd. in Cape Town. The company owns a 7.5% stake in Royal Bafokeng and 2% in Implats, he said.
Royal Bafokeng was listed in Johannesburg in 2010 and is the mining investment arm of the Royal Bafokeng nation, a community of people based near South Africa’s Sun City.
(Updates with details on benefits of deal from third paragraph)
©2021 Bloomberg L.P.
...
Pop Quiz: 1.9 million shares sold short. With a run to $2.00 today, the short holders could short squeeze this stock. 38% institutional holders will go up. Dirt cheap and zero debt with a new 2nd mine in Northern Michigan. For under $2 bucks. And pays a dividend.
What is $GORO
...
Palladium Price Analysis: XPD/USD directs nearby resistance breakout towards 200-EMA
NEWS | 10/26/2021 5:56:23 AM GMT | By Anil Panchal
Palladium picks up bids, extends previous day’s break of weekly resistance line.
Bullish MACD, sustained trading above 61.8% Fibonacci retracement favor buyers.
Palladium (XPD/USD) remains on the front foot around $2,045, up 0.18% intraday during the early European session on Tuesday.
The precious metal crossed a downward sloping trend line from October 14 the previous day. The same joins upbeat MACD signals to keep buyers hopeful.
However, a clear upside break of the 200-EMA, around $2,070 by the press time, becomes necessary for the commodity bulls before challenging the monthly peak of $2,176.
During the rise, the $2,100 threshold will become an intermediate halt.
Meanwhile, pullback moves remain less important until staying beyond the previous resistance line, close to $2,025 at the latest.
Also acting as a downside filter is the $2,000 psychological magnet and 61.8% Fibonacci retracement of the early October advances, near $1,974.
Overall, palladium prices are likely to extend recovery moves but a bumpy road ahead challenge the buyers.
Trend: Further upside expected
Additional important levels
Overview
Today last price 2043.62
Today Daily Change 3.70
Today Daily Change % 0.18%
Today daily open 2039.92
Trends
Daily SMA20 2018.79
Daily SMA50 2079.08
Daily SMA100 2353.14
Daily SMA200 2509.56
Levels
Previous Daily High 2053.17
Previous Daily Low 2013.88
Previous Weekly High 2101.4
Previous Weekly Low 1979.08
Previous Monthly High 2446.72
Previous Monthly Low 1848.93
Daily Fibonacci 38.2% 2038.16
Daily Fibonacci 61.8% 2028.89
Daily Pivot Point S1 2018.14
Daily Pivot Point S2 1996.37
Daily Pivot Point S3 1978.85
Daily Pivot Point R1 2057.43
Daily Pivot Point R2 2074.95
Daily Pivot Point R3 2096.72
https://www.fxstreet.com/news/palladium-price-analysis-xpd-usd-directs-nearby-resistance-breakout-towards-200-ema-202110260556
...
Palladium One Recognized with the "Bernie Schnieders Discovery of the Year Award" Presented by NWOPA
Toronto, Ontario--(Newsfile Corp. - October 25, 2021) - Palladium One Mining Inc. (TSXV: PDM) OTCQB: $NKORF (FSE: 7N11) (the "Company" or "Palladium One") is pleased to announce that the Company's team has been awarded the 2020 "Bernie Schnieders Discovery of the Year Award" for the discovery of a high-grade copper-nickel zone at its 100% owned Tyko Copper-Nickel Project in Ontario, Canada.
The award, presented by the Northwestern Ontario Prospectors Association (NWOPA), recognizes an exceptional discovery in Northwestern Ontario during the previous calendar year.
Smoke Lake was discovered in late November 2020 with the first hole of drill program returning up to 8.7% Ni_Eq over 3.8 Meters (6.6% Ni, 3.7% Cu, 0.09% Co, 0.67 g/t Pd, 0.81 g/t Pt, and 0.03 g/t Au) in hole TK-20-016, (see news release January 5, 2021).
Derrick Weyrauch, President and CEO of Palladium One, said, "We would like to sincerely thank the NWOPA for receiving this honour and look forward to expanding on our exciting discovery at the Tyko property.
About Palladium One
Palladium One Mining Inc. is an exploration company targeting district scale, platinum-group-element (PGE)-copper nickel deposits in Finland and Canada. Its flagship project is the Läntinen Koillismaa or LK Project, a palladium dominant platinum group element-copper-nickel project in north-central Finland, ranked by the Fraser Institute as one of the world's top countries for mineral exploration and development. Exploration at LK is focused on targeting disseminated sulfides along 38 kilometers of favorable basal contact and building on an established NI 43-101 open pit Mineral Resource.
ON BEHALF OF THE BOARD
"Derrick Weyrauch"
President & CEO, Director
...
Mid-night Mis-haps (works in SiMO)
Thai woman cut rope to leave painters hanging above 26th floor, police say
A woman in Thailand has been charged with attempted murder after she cut a rope being used by painters working on the exterior of her apartment building and, in turn, left the terrified men stuck dangling perilously outside the 26th floor of the high-rise. The bizarre incident reportedly occurred earlier this month in Bangkok's Nonthaburi province when the two men descended from the 32nd floor on a platform with the intention of fixing a crack spotted in the building. In the process of lowering themselves to the area of interest, something felt amiss and, to their horror, they looked down and saw a woman on the 21st floor reach out her window and cut the rope!
The tenant's brazen act left the men unable to lower themselves beyond where the rope had been cut and, as such, they found themselves stranded on the side of the building. Attempts to find someone to help them proved futile as they slowly descended stories calling out for help. Fortunately, by the time they reached the 26th floor of the building, a tenant living there noticed the panicked painters attempting to grab onto a clothesline located on her balcony. After explaining the situation to the bewildered woman, the workers were able to safely escape their predicament by daringly jumping onto the balcony from the unsteady platform before it was too late.
As for the tenant who cut the rope, cops eventually tracked down the woman and she was subsequently charged with attempted murder as well as destruction of property. Although the building association insisted that they had informed residents of the work that was to be done that day, apparently this particular individual had not gotten the memo and, upon seeing the painters' rope outside her window, grew so aggravated that she decided to sever it. The woman now faces up to 20 years in prison if convicted and, we're guessing, the apartment building management is likely taking steps to ensure that her days as a resident there are cut short.
tag: Tim Binnall
.
.
.
.
Have a wonderful evening and Thank you
.
.
.
.
.
.
. . . . Share the Love <3 Click the 'Follow Board' button bottom left corner of page and Thanks a million
.
.
.
.
Bumpers by J:D
"Few things are more destructive to Christians than anger. Anger causes us to lose our self-control and to say and do things we would otherwise never consider. Anger, if allowed to remain, turns into bitterness that eats away at our hearts."
Henry Blackaby
“There is nothing so threatening to systemic evil as those willing to stand against it, regardless of the consequences.”
James W. Douglass
"He will perish for lack of self-restraint; and will be lost because of an abundance of foolishness."
Proverbs 5:23
"The Fates are just: they give us but our own; Nemesis ripens what our hands have sown."
John Greenleaf Whittier
“The essence of a speculative bubble is a sort of feedback, from price increases, to increased investor enthusiasm, to increased demand, and hence further price increases. Major speculative bubbles, as I argued in Irrational Exuberance, are always supported by some superficially plausible popular theory that justifies them, and that is widely viewed as having sanction from some authority figures. These may be called new-era theories.”
Robert Shiller
The 3Q advanced GDP number came in light enough to make investors think that the Fed will not reduce its morphine money injections to the markets through their Banks anytime soon.
But it was not bad enough to discourage hopes for outsized corporate profits to make up for last year.
Gold and silver are still being held down firmly below key overhead resistance.
The drain on physical gold in Hong Kong is getting serious, again.
Time to scrape out the physical from the ETFs (again)?
The Dollar dropped in keeping with trader sentiment about Fed dovishness.
Hold on to your hats.
Have a pleasant evening.
https://jessescrossroadscafe.blogspot.com/
.
.
.
.
MARKET MOVERS
Ticker Last Change Volume Signal
HCWB 4.73 61.99% 171087097 Top Gainers
VRAR 14.68 51.18% 18802630 Top Gainers
METX 0.60 44.34% 428971147 Top Gainers
IFRX 4.06 41.96% 120737867 Top Gainers
TRIT 8.11 34.49% 60917944 Top Gainers
WOLF 121.04 33.20% 8770619 Top Gainers
LC 42.07 33.05% 18911756 New High
LTRX 9.36 15.70% 1207979 New High
MXL 60.97 17.88% 1832372 New High
MPACU 11.47 8.00% 22839 New High
HUDI 28.30 18.21% 1052843 Overbought
SEATW 3.58 -0.25% 291120 Overbought
HCWB 4.73 61.99% 171087097 Unusual Volume
TRIT 8.11 34.49% 60917944 Unusual Volume
IFRX 4.06 41.96% 120737867 Unusual Volume
MPAC 10.57 5.81% 4107992 Unusual Volume
ARGX 280.83 0.45% 352903 Upgrades
AB 55.84 0.18% 333815 Earnings Before
INTC 48.08 0.40% 30982174 Insider Buying
MINING MOVERS
Company Change Last% Trade
Franco-Nevada 2.30 1.30 $179.04
Lithium Americas 1.75 5.37 $34.36
Solaris Resources 0.83 6.13 $14.38
American Lithium 0.60 19.05 $3.75
Los Andes Copper 0.59 6.28 $9.99
Rock Tech Lithium 0.56 7.56 $7.97
Great Bear Resources 0.55 3.20 $17.75
Newcrest Mining 0.50 2.22 $23.00
Victoria Gold 0.48 2.60 $18.92
Lundin Mining 0.44 4.39 $10.46
Emerita Resources 0.43 13.31 $3.66
Nouveau Monde Graphite 0.37 3.87 $9.93
Atalaya Mining 0.30 4.35 $7.20
Gold Mountain Mining 0.22 12.15 $2.03
E3 Metals 0.21 7.64 $2.96
HIGH VOLUME
Company Volume Last Trade
Nexus Gold 5,441,108 $0.03
Uranium Energy 4,036,241 $3.85
B2Gold 3,854,647 $5.34
GoGold Resources 3,843,430 $3.42
Kinross Gold 3,216,403 $7.73
Denison Mines 3,068,987 $2.18
Three Valley Copper 2,719,368 $0.30
Lundin Mining 2,555,846 $10.46
American Lithium 2,517,241 $3.75
Trevali Mining 2,516,626 $0.23
NexGen Energy 2,486,019 $6.90
Millennial Precious Metals 2,215,429 $0.40
Yamana Gold 2,162,147 $5.25
Northwest Copper 2,026,980 $0.88
Alamos Gold 1,839,582 $9.60
Implats in Talks to Become a Platinum Metals Giant
The Impala Platinum Holdings Ltd., also known as Implats, shaft 1 mine tower in Rustenburg, South Africa, on Wednesday, March 10, 2021. South Africa's mining industry employs more than 450,000 workers and contributes about 8% to national gross domestic product. , Bloomberg
(Bloomberg) -- Impala Platinum Holdings Ltd. is in talks to buy its smaller rival Royal Bafokeng Platinum Ltd., in a deal that Implats said may create South Africa’s largest platinum-group metals producer.
Flush with cash after higher rhodium and palladium prices, Implats is seeking to expand by buying lower cost and mechanized assets as some of its deep-level operations near their end. The company said Wednesday a deal for all of Royal Bafokeng’s shares may involve cash and equity and the outstanding details could be concluded in the coming weeks.
Implats has long sought to combine with Royal Bafokeng, and a deal would help the producer exploit synergies from deposits adjacent to its sprawling Rustenburg mining complex. It should also extend the life of Rustenburg mines and end royalties that Implats was paying to Royal Bafokeng to mine part of the adjacent reserves, Kagiso Asset Management Ltd. said.
Implats shares fell 1.9% in Johannesburg, while Royal Bafokeng climbed 16%, valuing the company at about $2.1 billion.
“It’s a transaction that’s been a long time coming, with clear benefits for Implats specifically,” said Mandi Dungwa, an analyst at Kagiso in Cape Town.
Stricter car-emissions rules have kept palladium and rhodium -- key metals in autocatalysts -- in tight supply and at historically high prices, increasing earnings for mining companies. Implats in September reported a record profit, prompting it to boost its dividend. It marked a turnaround for the company, which just three years ago was on the verge of cutting more than 10,000 jobs and closing some operations.
Implats’s interest in taking over a rival also indicates that there’s still appetite for PGM assets, even as a chip shortage weighs on the auto sector.
“Our interest in RBPlat has been known for a very long time and the strategic rationale is well understood by everyone,” Implats spokesman Johan Theron said by phone. “Its always been a matter of the planets aligning to make such a deal possible, hopefully we now find ourselves at that time.”
Sibanye Stillwater Ltd.’s deal this week to pay $1 billion for nickel and copper mines in Brazil shows how miners are looking to use cash to expand. After buying up PGM assets from Zimbabwe to North America, Sibanye is now looking toward battery metals needed for a green revolution.
A deal between Implats and Royal Bafokeng would see the combined company mine about 3.45 million ounces a year, overtaking Sibanye and Anglo American Platinum Ltd. in terms of attributable PGM output, Theron said. That would see it rival Russian giant MMC Norilsk Nickel PJSC.
“We think it’s likely to be a good deal, but this comes with a disclaimer because we haven’t seen the metrics yet on what the price is, or the mechanisms, and whether it will be shares and cash or a combination,” said Rory Kutisker-Jacobson, a portfolio manager at Allan Gray Ltd. in Cape Town. The company owns a 7.5% stake in Royal Bafokeng and 2% in Implats, he said.
Royal Bafokeng was listed in Johannesburg in 2010 and is the mining investment arm of the Royal Bafokeng nation, a community of people based near South Africa’s Sun City.
(Updates with details on benefits of deal from third paragraph)
©2021 Bloomberg L.P.
...
Pop Quiz: 1.9 million shares sold short. With a run to $2.00 today, the short holders could short squeeze this stock. 38% institutional holders will go up. Dirt cheap and zero debt with a new 2nd mine in Northern Michigan. For under $2 bucks. And pays a dividend.
What is $GORO
...
Palladium Price Analysis: XPD/USD directs nearby resistance breakout towards 200-EMA
NEWS | 10/26/2021 5:56:23 AM GMT | By Anil Panchal
Palladium picks up bids, extends previous day’s break of weekly resistance line.
Bullish MACD, sustained trading above 61.8% Fibonacci retracement favor buyers.
Palladium (XPD/USD) remains on the front foot around $2,045, up 0.18% intraday during the early European session on Tuesday.
The precious metal crossed a downward sloping trend line from October 14 the previous day. The same joins upbeat MACD signals to keep buyers hopeful.
However, a clear upside break of the 200-EMA, around $2,070 by the press time, becomes necessary for the commodity bulls before challenging the monthly peak of $2,176.
During the rise, the $2,100 threshold will become an intermediate halt.
Meanwhile, pullback moves remain less important until staying beyond the previous resistance line, close to $2,025 at the latest.
Also acting as a downside filter is the $2,000 psychological magnet and 61.8% Fibonacci retracement of the early October advances, near $1,974.
Overall, palladium prices are likely to extend recovery moves but a bumpy road ahead challenge the buyers.
Trend: Further upside expected
Additional important levels
Overview
Today last price 2043.62
Today Daily Change 3.70
Today Daily Change % 0.18%
Today daily open 2039.92
Trends
Daily SMA20 2018.79
Daily SMA50 2079.08
Daily SMA100 2353.14
Daily SMA200 2509.56
Levels
Previous Daily High 2053.17
Previous Daily Low 2013.88
Previous Weekly High 2101.4
Previous Weekly Low 1979.08
Previous Monthly High 2446.72
Previous Monthly Low 1848.93
Daily Fibonacci 38.2% 2038.16
Daily Fibonacci 61.8% 2028.89
Daily Pivot Point S1 2018.14
Daily Pivot Point S2 1996.37
Daily Pivot Point S3 1978.85
Daily Pivot Point R1 2057.43
Daily Pivot Point R2 2074.95
Daily Pivot Point R3 2096.72
https://www.fxstreet.com/news/palladium-price-analysis-xpd-usd-directs-nearby-resistance-breakout-towards-200-ema-202110260556
...
Palladium One Recognized with the "Bernie Schnieders Discovery of the Year Award" Presented by NWOPA
Toronto, Ontario--(Newsfile Corp. - October 25, 2021) - Palladium One Mining Inc. (TSXV: PDM) OTCQB: $NKORF (FSE: 7N11) (the "Company" or "Palladium One") is pleased to announce that the Company's team has been awarded the 2020 "Bernie Schnieders Discovery of the Year Award" for the discovery of a high-grade copper-nickel zone at its 100% owned Tyko Copper-Nickel Project in Ontario, Canada.
The award, presented by the Northwestern Ontario Prospectors Association (NWOPA), recognizes an exceptional discovery in Northwestern Ontario during the previous calendar year.
Smoke Lake was discovered in late November 2020 with the first hole of drill program returning up to 8.7% Ni_Eq over 3.8 Meters (6.6% Ni, 3.7% Cu, 0.09% Co, 0.67 g/t Pd, 0.81 g/t Pt, and 0.03 g/t Au) in hole TK-20-016, (see news release January 5, 2021).
Derrick Weyrauch, President and CEO of Palladium One, said, "We would like to sincerely thank the NWOPA for receiving this honour and look forward to expanding on our exciting discovery at the Tyko property.
About Palladium One
Palladium One Mining Inc. is an exploration company targeting district scale, platinum-group-element (PGE)-copper nickel deposits in Finland and Canada. Its flagship project is the Läntinen Koillismaa or LK Project, a palladium dominant platinum group element-copper-nickel project in north-central Finland, ranked by the Fraser Institute as one of the world's top countries for mineral exploration and development. Exploration at LK is focused on targeting disseminated sulfides along 38 kilometers of favorable basal contact and building on an established NI 43-101 open pit Mineral Resource.
ON BEHALF OF THE BOARD
"Derrick Weyrauch"
President & CEO, Director
...
Mid-night Mis-haps (works in SiMO)
Thai woman cut rope to leave painters hanging above 26th floor, police say
rope cut underneath them
A woman in Thailand has been charged with attempted murder after she cut a rope being used by painters working on the exterior of her apartment building and, in turn, left the terrified men stuck dangling perilously outside the 26th floor of the high-rise. The bizarre incident reportedly occurred earlier this month in Bangkok's Nonthaburi province when the two men descended from the 32nd floor on a platform with the intention of fixing a crack spotted in the building. In the process of lowering themselves to the area of interest, something felt amiss and, to their horror, they looked down and saw a woman on the 21st floor reach out her window and cut the rope!
The tenant's brazen act left the men unable to lower themselves beyond where the rope had been cut and, as such, they found themselves stranded on the side of the building. Attempts to find someone to help them proved futile as they slowly descended stories calling out for help. Fortunately, by the time they reached the 26th floor of the building, a tenant living there noticed the panicked painters attempting to grab onto a clothesline located on her balcony. After explaining the situation to the bewildered woman, the workers were able to safely escape their predicament by daringly jumping onto the balcony from the unsteady platform before it was too late.
As for the tenant who cut the rope, cops eventually tracked down the woman and she was subsequently charged with attempted murder as well as destruction of property. Although the building association insisted that they had informed residents of the work that was to be done that day, apparently this particular individual had not gotten the memo and, upon seeing the painters' rope outside her window, grew so aggravated that she decided to sever it. The woman now faces up to 20 years in prison if convicted and, we're guessing, the apartment building management is likely taking steps to ensure that her days as a resident there are cut short.
tag: Tim Binnall
.
.
.
.
Have a wonderful evening and Thank you
.
.
.
.
.
.
. . . . Share the Love <3 Click the 'Follow Board' button bottom left corner of page and Thanks a million
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