Aiming to be the Uber of mining (Toronto Star)
Abitibi Royalties CEO Ian Ball is aiming to transfer Uber’s successful business model to the rough world of mining
Stop the killing of Canada's venture markets!
Aiming to be the Uber of mining (Toronto Star)
Abitibi Royalties CEO Ian Ball is aiming to transfer Uber’s successful business model to the rough world of mining
44 comments for TMX Group, directors, auditors, and regulators
These 44 comments on TSX- and TSXV-listed natural resource companies, and the accompanying schedules, have been prepared with the objective of identifying some of the contributors to the many problems faced by junior exploration companies and their investors, and hopefully convincing those responsible that there is a better way to do things.
When close to 600 companies make a list because they clearly are non-compliant with Continuous Listing Requirements of the TSXV (Policy 2.5, Heading 2.1), it is reasonable to assume that a troublesome pattern has developed.
The comments are designed to give enough facts and generate enough ideas so that people who might jump to a quick conclusion have a chance to be exposed to possibilities that are not so obvious.
There are several targets:
Please note that all the people listed above make money out of the industry, even while the individual companies and their stakeholders absorb the losses.
All this might be seen as a recipe for a great Canadian financial horror story:
Continue reading “Here’s why there are 600 zombie companies on the TSX/TSXV”