Thursday, December 31, 2009
Problem 411: Triangle, Median, Angles
Click the figure below to see the complete problem 411 about Triangle, Median, Angles.
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Complete Problem 411
Level: High School, SAT Prep, College geometry
The Real thing? Bolivia to produce Coca Colla
Or if you prefer, just wait around for the English language newswires to run their snide reports on it.
UPDATE: Sad, dumbass loser finally picks up on the story.
The Friday OT: Mac Gollehon; After You're Gone
The IKN best prediction for 2010
So this humble corner of cyberspace simply takes this opportunity to wish all readers a healthy, happy and prosperous 2010 (in that order of importance, too).
chart of the day is....
Wednesday, December 30, 2009
Mining Matters in your Everyday Life by the Colorado Mining Association
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Mining Matters in your Everyday Life by CMA
Orchestrating a Mine: Caterpillar MineStar
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Mining Information System: Caterpillar MineStar
Lavender Pit, former open-pit copper mine
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Lavender Pit, Bisbee
Toquepala - Villa Staff and Plaza
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Toquepala - Villa Staff and Plaza
Trading Post (shoot first ask questions later edition)
Riverside Resources (RRI.v) down 18.2% at $0.63 on heavy volumes and getting sold off after this news release today on its Sugarloaf Peak drill results. Subscribers to The IKN Weekly got a Flash update about this stock earlier in the day. They'll also get an interesting mail received by way of reply from CEO Staude as long as I get the dude's permission to pass it on. I own this stock and I'm not selling it today, not at these knockdown prices.
Animas (ANI.v) down 2.9% at $0.66. The action in RRI today reminds me of that overdone drop in ANI to 55c last week. Both of these stocks have been unduly whacked by a market that acts first and thinks later. That's all you're going to get from me on the blog.
Chariot Resources (CHD.to) down 1.3% at $0.37 today, but the stock saw a big run up yesterday on the back of the Corriente Resources sale (and the vertical copper price moves seen these last few days). The world is looking round and trying to find the next big deposit to catch a deal, it seems. Subbers know my thoughts on this; although this stock is tradeable there are at least two other LatAm copper explorers that make more appeal.
New Gold (NGD) down 2.2% at $3.57. Riddle of the day: How are you able to run an open pit mine in Mexico if the authorities have banned you from using explosives? (hint; you can't). NGD was quick to tell the world about the injunction it got from Mexican courts that allowed its Cero San Pedro mine to stay open while enquiries continue into its operating licences. However, it must have slipped their mind that a few days later, another Mex court banned them from using explosives at the mine, thus putting a stop to any real work. But who in Canada gives a damn about a Mexican court anyway? NGD obviously doesn't cos just nine days after being told that they can't use explosives at Cerro San Pedro, NGD just went ahead and blew up its hill, with six detonations registered on December 27th at 12:15pm. Want to know why Canadian mining companies have such a bad reputation in LatAm? Check the facts, note the way "upstanding corporate citizens" like Pierre&Co ride roughshod over countries' laws..... and DYODD.
Amerix Precious Metals (APM.v) UNCH at 6c. Interesting little stock, totally under the radar. Check it out and DYODD as I own a very small amount of these at 5c and 6.5c.
To catch a thief
It goes without saying that to the fascist old guard all this is a political witchhunt, but this isn't anything more or less than a "innocent til proven guilty" court case that wants to get to the bottom of things.
Copper: Big boys ain't buying it
Canada-Ecuador: When Stock Exchanges Fuel Human Rights Violations
Canada-Ecuador: When Stock Exchanges Fuel Human Rights Violations
Recently, Toronto-based Pinetree Capital bought a few million shares of Copper Mesa Mining Corporation, making it the largest share owner of a failing company currently embroiled in a lawsuit. The takeover raised the price of its penny stock upwards to between three and five cents.
Copper Mesa, however, got a lot more than what it bargained for.
Copper Mesa, until last year, was the owner of a couple of mining concessions in the Intag region of Ecuador. But the company ran into a strong, organized opposition from communities, local government and, eventually even the national government, which eventually stripped Copper Mesa of its concessions in the country. The company then had to shed itself of its mining projects in the US to pay off debts, leaving it as empty handed as when it was first aborted.
Needless to say, Copper Mesa’s directors and a select number of employees and shareholders have never been the worse for the disaster they created, which happens to be an established norm in the world of Canadian stock exchange business. The Bre-X case is one which comes to mind. Bre-X was the Canadian company that fleeced thousands of investors of billions of dollars all based on a non-existent gold mine in Indonesia.
Copper Mesa, based in Vancouver, is infamous for other reasons, in addition to wasting millions of dollars on a mining project that has gone nowhere. Its notoriety mostly comes from using the equivalent of paramilitaries in the Junín community to forcefully trying to gain access to its concessions (which they never were able to access even to explore). Interestingly enough, the shootout took place almost exactly three years ago to the day that Pinetree took over the shipwreck called Copper Mesa. The assault against the community of Junin failed completely, but the graphic images and video of ex-military thugs dressed as security personnel shooting at defenseless campesinos went round the world, and is featured on several full-length documentaries about Intag’s successful resistance to mining.
In the rich and varied annals of corporate abuse and stupidity, and in record time, this has become a classic.
CONTINUES HERE
Berkeley Pit: Environmental geology of Butte, Montana - Video and Satellite Map
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Berkeley Pit: Environmental geology of Butte, Montana
Tuesday, December 29, 2009
Linear Gold (LRR.to): Lipstick, meet pig: Pig, this is lipstick
Cue Linear Gold's PR today:
Linear Gold Maintains a 100% Interest in the Ixhuatan Project, Mexico
HALIFAX, NOVA SCOTIA--(Marketwire - Dec. 29, 2009) - Linear Gold Corp. (TSX:LRR - News; "Linear") announces that it has received notice from Kinross Gold Corporation that they will not exercise their option to acquire an initial 60% interest in the Ixhuatan Project, thereby allowing Linear to maintain its 100% interest in the project. The Ixhuatan Project covers an area of over 98,000 hectares, in Chiapas, Mexico, including the yada yada continues here
Puzzle based on the Kosnita's Theorem: Circumcenters, Concurrent lines
Click the figure to solve the interactive puzzle about the Kosnita's Theorem: Circumcenters, Concurrent lines
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Puzzle: Kosnita's Theorem
Ecuador's cocaine problem can be summed up in two words: Its Neighbours
This is what comes of being bordered by the world's number one cocaine producing country (Colombia) and the world's number two cocaine producing country (Peru) making a product in great demand by the world's biggest economy (The USA). So it goes without saying that all the blame will be pinned on Rafael Correa.
The Geometry of Life, Part 1,2,3,4
Part 1: Brief introduction to, and history of, sacred geometry.
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Part 1: Brief introduction to, and history of, sacred geometry
Part 2: The square root of three in geometric form
Part 3: The square root of three in molecular structure
Part 4: Close Packing and Conclusions
Flying to Buenos Aires soon? Remember to take ready cash with you
Main Entry: rec·i·proc·i·ty
2 : a mutual exchange of privileges; specifically : a recognition by one of two countries
or institutions of the validity of licenses or privileges granted by the other
Starting this week, Argentina is now imposing a "reciprocity tax" on tourists arriving from countries that charge its own citizens for visiting rights. The tax levied by Argentina will be in line with the charge made for visas to the other country, so for example US citizens visiting Argentina will have to pay U$131 before getting their passport stamped because that's what the USA charges Argentinians when they want to visit the States. Then Canadians will pay U$70, Australians U$100, etc.
Share disposition by gift: A great mail from a reader
As he points out, we're now on December 29th and it might be a bit late get organized, but it's not TOO late. If this post prompts just one person to make a move and give to charity, that's good enough for me. I'll hand it over to 'M' and his mail. Thank you, sir.
Now a better interpretation of this: 47 - Disposition by giftNow at this time of year this suggests donation to charity, under Canadian tax laws, donations of shares to charities is extremely beneficial for the donor and the recipient. The donor gets a tax deductions for the values on day of donation and ZERO capital gains and the charity get a bigger donation than it would otherwise get. Donation of flow-thru shares under this regime is extremely tax beneficial....As a public service, why don't you encourage your blog readers to donate flow thru shares to charity of their choice before Dec 31 !! ( its a bit late but still)
This is probably the case here:
Stock Options
If you are considering using employee stock options to make a gift, exercise the options and transfer the shares within 30 days AND within the same calendar year. There will be no capital gain and no taxable employee benefit.
Chile: "Our relationship with Peru has deteriorated"
"From the moment of the Peruvian case at The Hague, bilateral relations with Peru suffered a logical recession. For Chile, this presentation was not a friendly gesture but an artificial construction, above all when one considers that the maritime border is judicially defined by two international instruments subscribed to by Peru".
However, what RPP doesn't mention is Chile's most important view regarding its northern neighbour. As the report is 156 pages long and Peru gets about a quarter of a page, the real take away is:
"We don't give a toss about Peru. Can we move on and talk about China and the USA now, please?"
Monday, December 28, 2009
Constitution Mining (CMIN.ob): Too scammy even for an Ecometals scamster
Say bye bye, Steve:
Corriente Resources (CTQ.to)(ETQ): Sold at last
Bloomberg reports that Tongling (with a little help from its railway friends) has finally got round to making an offer for Corriente Resources (CTQ.to)(ETQ), the guys with the big copper deposit at Mirador, Ecuador. The price at CAD$8.60 works out at U$8.23 via today's forex. The joint listed Corriente was trading at U$7.64 this morning before the news. Now it's halted. Here's the Bloomie note:
Dec. 28 (Bloomberg) -- China Railway Construction Corp said it plans to jointly bid C$679 million for Corriente Resources Inc., a Canada-based junior mining company, with Tongling Nonferrous Metals Group Holdings Co. A joint venture company set up by the two Chinese companies plans to make an offer of C$8.60 per tradeable Corriente share, according to a statement filed to the Hong Kong stock exchange today.
How did mathematics begin?
Animated movie on the development of numbers.
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History of Mathematics: the Development of Numbers
Copper in Chile
This one shows Codelco's copper output for the decade. The 2009 estimate is made by taking the January to October published production number and extrapolating its registered 16.8% YoY growth for the full 12 months.
Inside Christmas with the Canadian Crew
Rusoro Mining Ltd. (RML) | As of December 27th, 2009 | ||||||
Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
Dec 26/09 | Dec 23/09 | Agapov, Andre Vladimir | Direct Ownership | Common Shares | 11 - Acquisition carried out privately | 53,428,167 | |
Dec 26/09 | Dec 23/09 | Agapov, Vladimir Pavlovich | Direct Ownership | Common Shares | 11 - Disposition carried out privately | -53,428,167 | |
Exeter Resource Corporation (XRC) | As of December 27th, 2009 | ||||||
Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
Dec 24/09 | Dec 21/09 | Bond, Cecil Robert | Direct Ownership | Common Shares | 10 - Disposition in the public market | -65,000 | $7.960 |
Dec 24/09 | Dec 18/09 | Bond, Cecil Robert | Direct Ownership | Common Shares | 10 - Disposition in the public market | -81,000 | $7.820 |
Dec 24/09 | Dec 16/09 | Bond, Cecil Robert | Direct Ownership | Common Shares | 10 - Disposition in the public market | -100,000 | $7.650 |
Dec 24/09 | Dec 16/09 | Bond, Cecil Robert | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 260,000 | $1.200 |
Dec 24/09 | Apr 12/05 | Bond, Cecil Robert | Direct Ownership | Common Shares | 00 - Opening Balance-Initial SEDI Report | | |
Dec 24/09 | Dec 16/09 | Bond, Cecil Robert | Direct Ownership | Options | 51 - Exercise of options | -260,000 | $1.200 |
Moving on to MAG Silver (MAG.to)(MVG) and HEY WOW! WHAT A SURPRISE! It's another round of bare-faced shameless self service from the management crew:
MAG Silver Corp. (MAG) | As of December 27th, 2009 | ||||||
Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
Dec 24/09 | Dec 15/09 | Rubenstein, Jonathan A. | Direct Ownership | Options | 50 - Grant of options | 7,715 | $6.320 |
Dec 23/09 | Dec 15/09 | Harris, Jody Lynn | Direct Ownership | Options | 50 - Grant of options | 20,000 | $6.320 |
Dec 23/09 | Dec 15/09 | Colterjohn, Richard Mark | Direct Ownership | Options | 50 - Grant of options | 7,774 | $6.320 |
Dec 23/09 | Dec 15/09 | Carlson, Eric | Direct Ownership | Options | 50 - Grant of options | 6,602 | $6.320 |
Dec 23/09 | Dec 15/09 | Megaw, Peter | Direct Ownership | Options | 50 - Grant of options | 8,203 | $6.320 |
Dec 23/09 | Dec 15/09 | White, Derek Christopher | Direct Ownership | Options | 50 - Grant of options | 14,971 | $6.320 |
Dec 23/09 | Dec 15/09 | Neal, Gordon | Indirect Ownership | Options | 50 - Grant of options | 32,883 | $6.320 |
Dec 23/09 | Dec 15/09 | MacInnis, Daniel Thomas | Direct Ownership | Options | 50 - Grant of options | 8,379 | $6.320 |
Dec 23/09 | Dec 15/09 | Jones, R. Michael | Direct Ownership | Options | 50 - Grant of options | 11,855 | $6.320 |
Dec 23/09 | Dec 15/09 | Hallam, Frank | Direct Ownership | Options | 50 - Grant of options | 34,761 | $6.320 |
Now B2Gold (BTO.to) and the mysterious Robert Shaw at it again:
B2Gold Corp. (BTO) | As of December 27th, 2009 | ||||||
Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
Dec 24/09 | Dec 24/09 | Shaw, Robert Peter | Direct Ownership | Common Shares | 10 - Disposition in the public market | -1,900 | $1.220 |
Dec 24/09 | Dec 24/09 | Shaw, Robert Peter | Direct Ownership | Common Shares | 10 - Disposition in the public market | -18,100 | $1.210 |
Dec 24/09 | Dec 23/09 | Shaw, Robert Peter | Direct Ownership | Common Shares | 10 - Disposition in the public market | -10,000 | $1.150 |
Dec 24/09 | Dec 23/09 | Shaw, Robert Peter | Direct Ownership | Common Shares | 10 - Disposition in the public market | -30,000 | $1.140 |
Dec 24/09 | Dec 23/09 | Shaw, Robert Peter | Direct Ownership | Common Shares | 10 - Disposition in the public market | -35,000 | $1.110 |
And to wrap up, Avalon (AVL.to) and Robert Anderson just can't seem to take Jim Dines' advice about his own stock....way of the world, I suppose:
Avalon Rare Metals Inc. (AVL) | As of December 27th, 2009 | ||||||
Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
Dec 27/09 | Dec 22/09 | Andersen, Robert James | Direct Ownership | Common Shares | 47 - Disposition by gift | -2,500 | $2.670 |
Dec 27/09 | Dec 21/09 | Andersen, Robert James | Direct Ownership | Common Shares | 10 - Disposition in the public market | -5,000 | $2.940 |
Dec 27/09 | Dec 18/09 | Andersen, Robert James | Direct Ownership | Common Shares | 47 - Disposition by gift | -2,500 | $2.810 |
Dec 27/09 | Dec 18/09 | Andersen, Robert James | Direct Ownership | Common Shares | 47 - Disposition by gift | -2,500 | $2.810 |
Dec 27/09 | Dec 16/09 | Andersen, Robert James | Direct Ownership | Common Shares | 10 - Disposition in the public market | -2,700 | $2.950 |
Dec 27/09 | Dec 16/09 | Andersen, Robert James | Direct Ownership | Common Shares | 10 - Disposition in the public market | -7,300 | $2.940 |
Dec 27/09 | Dec 16/09 | Andersen, Robert James | Direct Ownership | Common Shares | 10 - Disposition in the public market | -5,000 | $2.930 |
Canplats (CPQ.v): the fun never stops
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 12/27/09) - Canplats Resources Corporation (TSX-V:CPQ - News) ("Canplats" or the "Company") announces that it has received a revised binding proposal from Minera Penmont, S. de R.L. de C.V. ("Penmont") for the acquisition by Penmont of all of the outstanding common shares of Canplats by way of a plan of arrangement ("Revised Penmont Proposal") which is financially superior to the terms of the amended transaction with Goldcorp Inc. ("Goldcorp") announced on December 24, 2009. The Board of Directors of Canplats (the "Canplats Board") has determined, after receiving a recommendation to such effect from its Special Committee and the advice of the financial and legal advisors to the Company, that the proposed agreement with Penmont under the Revised Penmont Proposal is a "superior proposal" for the purposes of the Company's existing business combination agreement with Goldcorp (the "Goldcorp Agreement") and has provided notice of such determination to Goldcorp.
Charts of the day are....
Sunday, December 27, 2009
Puzzle: Composition II in Red, Blue, and Yellow by Piet Mondrian
Click the figure to solve the interactive puzzle about Composition II in Red, Blue, and Yellow by Piet Mondrian and golden rectangles.
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Puzzle: Composition II in Red, Blue, and Yellow by Piet Mondrian
No. 5, 1948, Jackson Pollock and Golden Rectangles
Click the figure to solve the interactive puzzle about the Golden Rectangle and No. 5, 1948, Jackson Pollock.
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Puzzle: The Golden Rectangle and No. 5, 1948, Jackson Pollock
Puzzle: Euclid's Elements Book I, 23 Definitions
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Puzzle: Euclid's Elements Book I, 23 Definitions
Puzzle: Inca Skull Surgery
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Puzzle: Inca Skull Surgery
Puzzle: Taj Mahal & Geometry Shapes
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Puzzle: Taj Mahal & Geometry Shapes.
Puzzle: If - Rudyard Kipling' Poem
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Puzzle: If - Rudyard Kipling
The IKN Weekly, out now
Ho ho ho to all, catch you mañana.
Problem 410: Two Regular Pentagons, Angle
Click the figure below to see the complete problem 410 about Two Regular Pentagons, Angle.
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Complete Problem 410
Level: High School, SAT Prep, College geometry
Saturday, December 26, 2009
Toquepala Mine - Table of Content
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Toquepala Index
Toquepala City, Memories 2009 - Video and Satellite Map
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Toquepala City, Memories 2009
Problem 409: Quadrilateral, Diagonals, Perpendicular, Congruence
Click the figure below to see the complete problem 409 about Quadrilateral, Diagonals, Perpendicular, Congruence.
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Complete Problem 409
Level: High School, SAT Prep, College geometry
Hull Rust Mine, Hibbing Taconite - Video and Satellite Map
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Hull Rust Mine, Hibbing Taconite