Monday, March 17, 2014 10:23:28 AM
(PG/RA) - "prospect generator/royalty acquirer"
I've done some googling...and here is what I have discovered:
http://www.abbreviations.com/PG
122 possibilities and not one of them came back as "prospect generator". OK, so let's do another search for RA:
169 possibilities and not one of them came back as "royalty acquirer". I'm not done yet because I want to give Dr. Decosta the benefit of the doubt.
Here are 9 pages of mining terms:
http://www.minersmuseum.com/educational_resources/Glossary%20of%20Mining%20Termin.pdf
Nary a mention of prospect generator or royalty acquirer
But I suppose that these terms could be construed as "financial" terms in the mining industry so I had to dig a little deeper.
I found the "Glossary of terms used in the trading of oil and gas, utilities and mining commodities" (136 pages long)
http://www.pwc.com/gx/en/energy-utilities-mining/pdf/eumcommoditiestradingriskmanagementglossary.pdf
I did 4 quick searches:
Royalty was found 2 times
Acquirer was found 0 times
Prospect was found 0 times
Generator was found 29 times all of which related to an energy producing device.
Here is my point in all of this - if people are going to use terms to describe what they think a company is doing, can we all agree to use recognized terms that are defined in some scholarly work? Personally I think MDMN is engaging in underground johnson-rod mining aimed at extracting the maximum amount of bobbers and dog bollocks from the buttucks.
One final point: I've copied two quotes from Dr. Decosta below. Admittedly, they are two sentences from a very long diatribe but since I don't want to be accused of "cherry picking", I'm stating this fact before all the hate mail arrives. My purpose in quoting them is to simply show that he is really pushing his made-up term, PLCD. Notice how he has the term in all CAPS. I'll let you be the judge of why he is doing this.
There may be times when we are powerless to prevent injustice, but there must never be a time when we fail to protest.
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