From: Pianoman1997 | 10/21/2021 8:15:09 AM | | | | To the several hundred junior mining companies reading this message board: 1 request
Would it be so difficult to indicate where (Country/region) is a property is located when reporting about it?
Very often we only see the name of the property. If you know the Company well, then you know but if you are browsing through several NRs then you don't and need to go to the website.
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To: Pianoman1997 who wrote (291537) | 10/21/2021 9:25:16 AM | From: ralfph | | | It would be intelligent for them to put their trading symbol on the first page as well. Annual reports are the worst for this - pages and pages of lawyer stuff, fluff, puffery before I find the numbers and even further digging for the trading symbol |
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To: ralfph who wrote (291536) | 10/21/2021 12:28:37 PM | From: LoneClone | | | These are crazy times in the base metal markets right now, with seemingly all of them in deficit, partly due to fundamentals such as supply disruptions and partly due to financial instruments.
I can't recall ever seeing copper futures in such steep backwardation, or the copper price making 20 cent a pound moves day after day. Copper inventories in Shanghai have never been this low, and over 90% of the copper in LME warehouses is subject to canceled warrants, indicating that it will be removed from the warehouse and thus is not available to the market.
IF IVN is to make it to such lofty heights, which I consider unlikely, this is certainly the fundamental background it will require.
Of course, not all this copper is actually 'disappearing'. With all this uncertainly and shortness of supply, purchasers are building up higher than normal inventories which could be sold off again, albeit likely at a loss, if conditions change.
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To: Pianoman1997 who wrote (291537) | 10/21/2021 12:35:08 PM | From: LoneClone | | | I completely agree. I probably read more mining PRs than anyone, and so many of them leave out basic information. Further, many of them exhibit a lack of knowledge of the basic skills of writing in general in terms of how the information is laid out.
I do sometimes 'improve' the headlines of the PRs I post on my Mining News board. I have contemplated offering my skills to the companies involved but then I would have to deal with junior mining executives on a regular basis.
One quirk that makes me laugh is when both companies in a JV put out virtually identical PRs without mentioning their partner.
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