Surprise – BC Government Can’t Get It Right

It’s amazing that the morons in charge [aka the BC government] haven’t figured out that the effect of well-done promotion from 1986 (remember Expo?) through 2010 (remember the Winter Olympics?) and up to today involving a relatively small area has been to focus many eyes and much money on real estate here (the Lower Mainland).

When potential investors find out we quote prices in heavily discounted Canadian loonies that use the $ sign, the party is on.

Blame ‘crooks’?  Maybe – but obviously there’s some difficulty with that approach. How about looking at income levels and how to raise them while remaining competitive?

https://www.bloomberg.com/news/articles/2019-06-08/one-tycoon-was-wrongly-ensnared-in-vancouver-dirty-money-probe

Time To Pay Attention?

The poor beaten-up mineral exploration sector has been drowning in the tears of its fans [speculators all] as financings have been directed to sexier sectors like cannabis, blockchain, and whatever.

Those diversifications have proven to be rewarding and a few will continue to be [e-sports is at the top of the list], but we are finally seeing the stirrings of what it takes to have fun in minex.

At VRIC2019, we heard the same old mantras:

“A rising tide floats all boats”

and

“We need some discoveries”

and

“The price of gold has to go up”

For the first time in years, we may have the right combination of factors to give us the market we have been hoping for:

Lots of money sitting on the sidelines, volatile moves to the upside in the prices of gold and silver, and positive news from companies that have worked hard to keep going in tough times.

Let’s look at a few of the latter: Sabina (SBB); and Silvercrest (SIL), which just keeps getting better and better; and Goldsource Mines (GXS), which is announcing some excellent results.

The answer to the headline is “YES”.

Facebook on the Hot Seat.

A lot of attention is being paid to Cambridge Analytica and one of its founders, Christopher Wylie.

He spoke at the latest Cambridge conference – Extraordinary Future 18 – and I had a chance to ask him a few questions.

He got his start by volunteering for work with a Canadian political party, and things developed amazingly quickly thereafter.  Still a young guy – he hasn’t hit 30 yet – but he’s had enough adventures to form the basis for a barnburner of a movie.

There is a lot of interesting detail in this excellent article in The Guardian. https://www.theguardian.com/news/2018/mar/17/data-war-whistleblower-christopher-wylie-faceook-nix-bannon-trump