Original news release: https://www.investi.com.au/api/announcements/has/01aac881-001.pdf
My name is Nolan Peterson, CEO of World Copper Ltd. (TSXV - WCU) I follow BSB on my main account and this one is set up just for this AMA. Reading BSB and other investing forums I realize that there are a lot of misconceptions and misunderstanding about the natural resource sector (aka the Junior mining space) but also a lot of opportunities to make a lot of money with a little bit of knowledge. I thought BSB might be interested in learning more about it. Also I am a young(er) guy, being 37 and I wanted the Sub to have an opportunity to hear from someone younger who's in management at a publicly traded company, we're starting to make waves! I can give a BTS perspective on what it's like being on the other side, behind the veil, of the companies we all invest in.
In addition to the above I'm a P.Eng (Metallurgy), have an MBA and I'm a CFA Charterholder. I've worked for companies like SNC-Lavalin, New Gold, TMAC Resources, and Agnico Eagle in a variety of roles and functions. I'm happy to answer any and all questions about a variety of topics, especially focused on mining, investing, and the company I run.
P.S. I reached out to the mods who approved me posting here.
My linkedin: https://www.linkedin.com/in/nolanpeterson/
Proof: https://imgur.com/a/4sMRJmj
EDIT: Hi All, Since yesterday my responses to questions have not been showing up. I think it happened after the AMA was stickied. It might be related to my low karma posting in stickied posts? Either way I've reached out to the mods and they have not been able to respond yet. Don't worry I will address every question that comes my way as soon as I can. Thanks for the interest thus far! Looks like I can post cleanly now. If anyone has any more questions I'm happy to answer them, but otherwise I think I've address everything so far. It's been great.
Recently stumbled upon Stuhini Exploration through a friend of mine. After doing my due-diligence, I have come to believe that Stuhini Exploration Ltd. is poised for a potential 20-times gain. You heard me right, 2000% from its current levels. Before diving into my investment thesis, here are some company highlights:
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Considerable ownership (11.61% outstanding shares) by industry-expert, Eric Sprott, who has participated in all post-IPO financings. He is currently the second largest shareholder, with the CEO being the third. (https://www.stuhini.com/072321-news-release)
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Significant insider ownership and low general & administrative expenses, reflective of diligent management. Less $10,000 spent on travel, meals & entertainment over the past two years (not using the company as an ATM). Majority of expenses going "into the ground". (https://static1.squarespace.com/static/5a5e6f708a02c7259a0a2606/t/60db3c0a18373062c25ae9d8/1624980493753/Stuhini_Notes+to+FS_02+28+2021_Final.pdf)
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Low float under 20 million, which at $0.60(CAD) per share puts the market cap at under $9.5million USD. (https://static1.squarespace.com/static/5a5e6f708a02c7259a0a2606/t/61dc701e38cf627b3fa400f4/1641836576491/Stuhini_Notes+to+FS_08+31+2021_FInal.pdf)
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Flagship Ruby Creek Project
- Ruby Creek, had a Mineral Resource Estimate conducted in 2009 which revealed 75 million measured pounds of molybdenum and over 332 million indicated pounds of molybdenum. At current prices (~$20usd/pound), this is worth over $800million USD (http://www.adanacmoly.com/_resources/AUA_Resource_May_28_2009.pdf) (https://tradingeconomics.com/commodity/molybden)
- Environmental Assessment Certificate received in 2007 (https://aris.empr.gov.bc.ca/ArisReports/30306A.PDF)
- Fully permitted, with Mine Act Permit issued in 2008 for Adanac Moly Corporation who planned on developing an open pit molybdenum mine that would operate at 20,000 tonnes per day, and
Maddocks Lawyers ordered to pay over $16m due to pro negligence, plus costs. This judgment of Rees J, bless his her use of satire in the judgment, discusses costs. A fantastic example of how to not belittle your opponent in any litigation, because you could always lose, in this instance, "big time".
An example is found at para [10]:
>"On 16 March 2020, Maddocks’ solicitors sent an open letter of offer to About Life’s solicitors, noting that Maddocks had always maintained that About Life’s case was “hopeless” and would “totally fail”. The “litany of problems” faced by About Life and its directors were listed. Some parts of About Life’s claim were said to be “nonsense”. The directors’ response to Maddocks’ advice given moments before completion of the transaction were described as “errant”. Maddocks offered to settle the claim on the basis of a verdict for Maddocks on the cross-claims brought by the About Life parties, with no order as to costs. If the offer was not accepted, “No further offer will be made, or counteroffer contemplated, by Maddocks. … the About Life parties should not assume that it will be made again. …” Maddocks reserved the right to bring the open offer to the attention of the Court during any hearing, interlocutory or otherwise, including if About Life sought an order for a further mediation “which we are instructed to oppose”. I would like to think that this letter was not settled by counsel."
Keen to hear of any other experiences with Maddocks and views as to this judgment, or the primary one.
Link to case: https://www.caselaw.nsw.gov.au/decision/17dc6c1b91f6287d11da8961
Happy Monday.
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$SYH has several Canadian uranium assets. This includes the East Preston Project which Skyharbour owns 15% of and Azincourt Energy has earned a 70% interest in.
We There was some big news regarding this project today with Azincourt Energy announcing that construction of its exploration camp for the winter 2022 exploration program is underway.
Most importantly $SYH announced that drilling is anticipated to start at the project as soon as next week.
The full press release below contains more info about the drilling program as well as targets for the East Preston project. https://ca.finance.yahoo.com/news/skyharbour-partner-company-azincourt-energy-133000258.html
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Bought and sold this at profit but I've been waiting to buy back in for well over 1 year. I really like this story, great ZINK kicker! and close to 3 other projects. And Right now I'm hunting for SILVER lol
I mentioned SILVER is hard to get alone, here's an example. Market gives ZERO value for the ZINK. Average PEA values around $1 pound ZINK so this means 41K worth potential and say 5% for in the ground values = $2,050 maybe you can get, then you were in it for 1K that's a double? AND we ASSUME ZERO for SILVER value? Add in the SILVER and it looks pretty nice.
Silver can we say $2 OZ? X 2,852 = ~3K plus maybe ZINK 2K
I have this at GOLD EQ value per OZ of $14.26
So ya, I've been chippin' at this one!
My due diligence on a data privacy company called Reklaim Ltd. Hope some find the value here as I have. Here are some of my insights on the company and the data privacy macro that is primed for disruption.
Reklaim’s goal is to democratize data for consumers and place this transparency, control, and compensation, in their hands. Reklaim aspires to become the defining consumer brand of data that is absent in the market today in the same way Uber redefined transportation, and Robinhood is attempting to democratize trading.
Starting a new uptrend off a consolidated bottom.
Ticker: MYID.V or MYIDF on the OTC
Website: https://www.reklaimyours.com/
Investor presentation : https://api.mziq.com/mzfilemanager/v2/d/e83d660d-d957-423c-864e-44f1386d3168/be2053b1-db5a-9d25-6942-71cee0fb1d1d?origin=1
Majority of my portfolio is allocated towards data driven companies as it's been considered the new tech gold rush as society has become dependent on the internet and apps for things like email, messaging, document collaboration, video calls, scheduling, business relationship management, games, shopping, you name it. This has been gold to big tech and my portfolio however as with any large exposure to a specific sector it's important to stay on top of the macro.
Always watch your sector's macro and pivot accordingly when required.
As everyone knows by now, big tech companies harvest, monetize and exploit the information they collect on its users from these sources, however recently there has been a paradigm shift towards privacy and regulations towards what information is allowed to be collected and even worse, sold to third-party advertisers. This shift is appropriately named "Data Privacy"
[More and more are growing increasingly concerned about their data.](https://preview.redd.it/tit2
... keep reading on reddit ➡Hi,
I'm evaluating this case for a uni essay, but I'm slightly confused about the dates. What happened first: the UKHL case or the appeal? If the appeal happened first, why did it happen a year after the HL case? If anyone could clarify this I would be thankful!
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january_2022_update.pdf (aftermathsilver.com)
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And is the second largest lose over the past year almost 80%!
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 ltd v gulliver)
