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Century Mining Members Commence 3rd Small-Cap Shareholder Revolt Via AGORACOM

Posted by AGORACOM at 9:15 AM on Tuesday, April 19th, 2011

I am very proud to announce that members of AGORACOM have once again used the power of the web to launch yet another small-cap shareholder revolt against an unfair acquisition of their company.  The Century Mining Corporation Concerned Shareholders issued this press release yesterday to officially “Question The Business Combination With White Tiger Gold Ltd.”

This is a well written, well reasoned press release that provides the market with succinct facts behind the revolt.  I highly recommend reading it.  Moreover, if you are a small-cap resource investor, you need to support this campaign and send a clear signal that predatory takeovers of your companies is a thing of the past.

SMALL CAP SHAREHOLDERS WON’T BE PUSHED AROUND ANYMORE

On September 7th 2007, I posted a story on this blog titled “The Empowerment Of Online Investors – It’s Here For Good”. In that story, I stated the following:

“What does this mean for small-cap and micro-cap CEO’s?

Online investors have almost as much power as you do when it comes to the future
of your company. Unhappy investors are no longer relegated to the vacuum of “harsh”
e-mail and letters to express their discontent. Today, investors can rally in short order
via video, blogs and online forums to challenge you at your next AGM, oust you from
your position or even elect their own slate of directors.

In fact, not only is this possible, I’ll go as far as predict it will actually happen in the
next 12-24 months as investors make Web 2.0 a part of their daily investing lives.
I’m the biggest proponent of great small-cap and micro-companies but we all know
there are still many companies out there deserving of being the first target of an online
shareholder revolt – and I’ll be the first to applaud it.”

Within months we saw shareholders of Aurelian Resources and then Noront Resources  rise up and fight against an unfair “friendly takeover” / predatory proposed changes to control of its board respectively.  They went 1-for-2 but man did they make a lot of noise … see Aurelian Resources … see Noront Resources

APPLAUDING SHAREHOLDERS OF CENTURY MINING

I said I would be the first to applaud it, so bravo to all of you for your efforts. I want to congratulate the “Century Mining Corporation Concerned Shareholders” group for its activism efforts.  By amalgamating all shareholders for the purpose of educating, communicating, sharing and analyzing all aspects of this potential acquisition, you have given yourself the opportunity to generate greater shareholder value through:

* Rejection of this offer
* Sweetening of the current offer
* Attracting a better offer

This ordeal is long from over, so don’t give up. Continue to push for a better deal if the majority of you truly believe the White Tiger offer is insufficient ….and let AGORACOM know if there is anything further we can do to help the cause.

Best Regards,
George and the AGORACOM Team

Posted in AGORACOM Members, All Recent Posts, Small-Cap Investor Revolts | Comments Off on Century Mining Members Commence 3rd Small-Cap Shareholder Revolt Via AGORACOM

Bill O’Reilly Kills Obama Rumors Once And For All

Posted by AGORACOM at 4:28 PM on Wednesday, April 13th, 2011

Say what you will about his political views, you have to give Bill O’Reilly big ups for setting the record straight on Obama rumors being spread via the web.  No doubt he wants Obama to crash and burn in 2012 … but at least he wants to do it straight up mano a mano.  Respect.

Posted in All Recent Posts | Comments Off on Bill O’Reilly Kills Obama Rumors Once And For All

PIMCO Shorts US Debt, Goes To Cash – What Does This Mean For Small-Cap Investors?

Posted by AGORACOM at 8:46 AM on Monday, April 11th, 2011

The biggest news for small-cap investors to digest – by far – is that PIMCO has not only sold all of its US Debt Holdings, it has gone short.  Find my comments below via Twitter (reverse chronology) and my follow on comments below on how this plays out (theory vs. practically):

WHAT DOES THIS MEAN – Theoretically?

On it’s surface (I stress SURFACE), Bill Gross, Founder of PIMCO, is telling us that QE3 isn’t coming and nobody will be stepping into to replace US Fed purchases of US Gov’t debt.  That will lead to – at the very least – a drop in Debt prices, so he is getting the hell out of Dodge.  Simple enough … until you get to my practical comments below.

First, here are the theoretical (I stress THEORETICAL) follow-on effects:

INTEREST RATES – Going higher, just a matter of degree

$USD – Should strengthen with rising rates

EQUITIES – Should weaken for two reasons: A) Corporate expenses rise on higher borrowing rates = lower profits; B) Investors sell stocks to raise cash. Small-cap resource stocks fall in unison.

GOLD / SILVER – Should weaken against the US Dollar at the very least, potentially against most major currencies

US REAL ESTATE – Bombs Away .. my real estate theory since October 2009 remains intact

WHAT DOES THIS MEAN – Practically?

Unfortunately, we have learned over the last decade that economic theory can no longer be relied upon.  After all, interest rate easing that began after 9/11 was never intended to crash real estate markets, plunge the planet into a debt crisis and lead to record nominal gold prices … yet here we are despite the “brightest” minds at the US Fed, White House and Central Banks around the world.

What truly happens isn’t so linear because market manipulation has taken the natural ebb and flow out of all markets – debt, equities, commodities, currencies.  Prices are no longer determined by value – they are determined by confidence or a lack thereof.  As such, what should practically happen is the following:

CONFIDENCE CRISIS – When US Fed purchases of US debt vanishes and isn’t replaced by the market, a crisis of confidence will commence.

INTEREST RATES – Will move incrementally higher, then accelerate as US debt prices free fall

$USD – Will initially strengthen with rising rates and bond nibbling, then drop as investors realize bond/confidence risk is too great.  Swiss Franc and Canadian Dollar will do very well.

EQUITIES – Double Dip probability rises dramatically. Small-cap resource stocks take an initial hit, followed by massive rebound on gold, silver moves (see below).

GOLD / SILVER- Will initially weaken by as much as 20% /30% respectively on early $USD strength, then rocket towards all-time inflation adjusted highs of ~ $2,200 and $150 within 12 months

US REAL ESTATE – Bombs Away .. my real estate theory since October 2009 remains intact

AM I A GENIOUS OR WHAT?

I’d like to think so – but I don’t think so for two reasons:

1] Obvious Reason – I could be very wrong and a number of other outcomes could occur.  This time, I think I’m right – but see #2 below

2]  The Fed / White House / Wall Street Financial Matrix Isn’t Stupid – Despite what many smart people have to say, the powers that be aren’t as stupid as they seem.  They just don’t give a damn about your long-term interests. Despite damage to the current and long-term US economy, I firmly believe they have executed their plan perfectly in their best interests – and they’re not finished ….

QE3

It’s coming … 100% … only this time it will require the financial pain I have outlined above in order to politically justify it … but as I posted on March 30th, QE3 Will Be Delayed, Not Terminated.

At that point, the game plan resumes … but not before Bill Gross and PIMCO step back into US Debt, go long and make a killing on their cash thanks to rising debt prices, which leads to falling rates, much weaker $USD, stabilized stock markets, MUCH higher gold/silver, MUCH higher junior resource stocks.

Until then, plan accordingly.

Regards,
George

Posted in All Recent Posts, Commodities, Gold $2,000, Inflation / Deflation, Investment Strategies, QE, Real Estate, Silver $30, Small and Micro-Cap Space, Trading School, US Economy | Comments Off on PIMCO Shorts US Debt, Goes To Cash – What Does This Mean For Small-Cap Investors?

AGORACOM Wire – What Small-Cap Investors Are Reading Today

Posted by AGORACOM at 10:13 AM on Thursday, April 7th, 2011

AGORACOM Wire – THURSDAY APRIL 7th, 2011

Century Mining Shareholders File OSC Complaint … Members of Century Mining Go To The OSC With Complaint About “Friendly Takeover” … Accuse Management Of Deception and Possible Attempt To Defraud Them

Follow George’s Trades … Catch Them In Near Real-Time On AGORACOM Twitter. Sample 1 and Sample 2

7 Press Releases Today … AGORACOM TV Is Your Best Daily Filter To Discover New Small-Cap Stories … Hand-Picked Before The Open

TSX Venture Tweets - For Those Of You Not On Twitter, AGORACOM Has Produced A Daily “Newspaper” That Publishes Tweets By TSX Venture Companies That Are On Twitter. Check It Out!

Posted in AGORACOM Wire, All Recent Posts | Comments Off on AGORACOM Wire – What Small-Cap Investors Are Reading Today

Why I Bought Titan Uranium Shares Today – Sheldon Inwentash

Posted by AGORACOM at 2:54 PM on Tuesday, April 5th, 2011

I picked up 30,000 shares of Titan Uranium today for a couple of reasons … here is my biggest reason … and why I will probably add more.  Sometimes, when someone with better access to information and analysis then you have puts their money where their mouth is, you just follow along.

As always, do your own DD and remember I may be in for the day or for the year.  Right now, all other things being equal, my first target is low 40’s … but that can change at anytime and for any reason.

CLICK ON IMAGE TO DOWNLOAD A LARGER VERSION

Posted in All Recent Posts, Trading School | Comments Off on Why I Bought Titan Uranium Shares Today – Sheldon Inwentash

Market Snapshot – S&P, $USD, Gold, Silver, Oil

Posted by AGORACOM at 7:34 AM on Monday, April 4th, 2011

Posted in All Recent Posts | Comments Off on Market Snapshot – S&P, $USD, Gold, Silver, Oil

Rest In Peace, Chrissie Nemis, Mother Of Richard Nemis – Tribute and Condolences Board

Posted by AGORACOM at 4:58 PM on Friday, April 1st, 2011

It is with sadness we announce the passing of Chrissie Nemis, beloved mother of Richard Nemis, the most admired and respected executive amongst AGORACOM members of all time.   I know many members want to express their condolences to Richard and his family, so please do so below as Elaine will be forwarding this post to Richard.

ACCOMPLISHED, RESPECTED AND HONORED BY THE SUDBURY MUSIC COMMUNITY

Few, if any of us, knew her but we knew what she created in Richard and that makes her a great lady.  Not surprisingly, however, her contributions to society went far beyond little Richard – and I was very happy to discover the following after a quick Google search and subsequent confirmation by Elaine Finlay this afternoon.

Specifically, you will be happy to know the St. Joseph’s Foundation recently held a tribute concert for Chrissie Nemis honoring her as a deserving musician/performer who has contributed to the artistic growth of our city during their lifetime.  To honour her, the Foundation assembled some of this city’s finest musicians, as well as, those of her students who have gone on to become professional performers in different locales.

Coming Home “To You With Love” Concert In Honour Of Chrissie Nemis

This years first honoree is Mrs. Chrissie Nemis; musician, teacher, benefactor and supporter of our music heritage for the past 75 years. Come join us in honoring her accomplishments and impressive contributions to our community.

Why am I not surprised?

Though today is a day of sorrow for the Nemis Family and all of their friends, we can take great pride in the fact Chrissie Nemis created great music, musicians and even a mining executive that will all make the world a better place for many decades to come.

Rest In Peace Chrissie Nemis.

Posted in All Recent Posts | 8 Comments »

AGORACOM Launches Skype Interviews With Smash Success

Posted by AGORACOM at 8:44 AM on Friday, April 1st, 2011

We are pleased to announce the official launch of AGORACOM Via Satellite – an AGORACOM production in which we interview small-cap CEO’s in depth after the release of important news.  AGORACOM Via Satellite is valuable because it is news driven and, therefore, very relevant and timely to the investment community.  This is not the typical “tell everybody a little about you so that we can fall asleep” format.  We’ve all seen this format and safe to say we’ve had enough of them.

This is hard hitting and granular.  We’re changing the game again  …. as always, don’t take my word for it.  See below:

CASE STUDY – GOLDEN HOPE MINES – OVER 1,000 VIEWS !!

On March 22nd, Golden Hope Mines issued this Corporate Update Press Release.  On March 23rd, we conducted an interview with GNH President, Frank Candido, from their exploration offices in South Eastern Quebec. Later that day we released this Skype interview (see snapshot at the end).  Golden Hope Mines is neither a current nor past client of AGORACOM. As such, we have never had any kind of official relationship with GNH shareholders.  They simply have a Free HUB on AGORACOM.

In less than 1 week, the results were as follows:

1.  Views: 1,070 … and counting

2.  Retail Investor Reaction: In a word – overwhelming. View this link to see just some of the posts.  The best reactions came from these two posts.

Excerpts:

  • Great interview, George and thanks for doing that. Frank, clearly is a man with a vision and passionately believes in it. This transmits very well to the shareholders, when you see him talking live.
  • I am a GNH shareholder, but after viewing this interview and watching & listening to the man in charge, I want more shares. Plain and simple.
  • Wonderful,classy interview with Frank,George. Not being able to see the GNH property, or to chat with Frank, as so many have had the pleasure of doing on this hub, well it really was a great opportunity to see why everyone comes away with such a positive feeling about GNH. Kudos to George and AGORACOM for doing this. I’ll be buying more.
  • I think George’s interview today with Frank was fantastic. Frank’s enthusiasm and confidence have always been apparent, but I learned so much more today. I’m delighted that the team will be bringing on board an outside engineering firm to confirm results to date etc.
  • Maybe we could ask George to have another such meeting with Frank following the next press release! Even better…a monthly chit chat with Frank! 🙂
  • I was so impressed I bought more shares today, and it’s a good feeling.

3.  Institutional Investor Reaction: Within 18 hours of it’s release, Golden Hope advised:

  • “Brokerage 1, Broker 2 and Broker 3 have watched it already” [Sorry but can’t publicly release the names of the firms]
  • “I would suspect there are more than a few (brokers) that are watching it. It is a phenomenal update piece.”

CONCLUSION

This case study demonstrates very strongly that AGORACOM Via Satellite will become the new paradigm with respect to small-cap CEO interviews. It will do so for the following reasons.

  • Timeliness – It provides small-cap companies with an ability to speak about important news within minutes of its release.
  • Relevance – Investors are hyper-tuned in to hear about and better understand the relevance of your recent news.
  • Connection – Investors that rarely get a chance to speak with management now have an ability to watch, connect and feed off management confidence.
  • Format – The side-by-side “Satellite” format has only been available to large cap companies on large business networks.  Not anymore.

How much does it cost?  Nothing, nada, zilch, zero, no strings attached, no conditions, no contracts, no fine print … its free.  Why?  As much as this helps you, it also helps us generate amazing content for our site.  The only limitations are A) The underlying news has to be awesome B) A max of 2 per year per company to give everyone a fair shake.

Win-win.  Welcome to AGORACOM.

Posted in AGORACOM News And Events, AGORACOM Via Satellite, All Recent Posts, Web 2.0, 3.0, ... | Comments Off on AGORACOM Launches Skype Interviews With Smash Success

44% Of AGORACOM Stories Clicked By Investors Outside Canada

Posted by AGORACOM at 7:48 AM on Friday, April 1st, 2011

Keeping with my tradition of sharing great data with our audience, clients, prospects and industry, I’m happy to share some “click data” with you pertaining to stories published by AGORACOM.  I find this information to be helpful because it provides specific insight into the engagement of international and local readers on AGORACOM, especially with respect to international visitors.  Are they just visiting? Or are they actually engaging?

From the looks of things, I can declare they are actually engaging and that’s a great thing for everybody.  For Canadian companies, it means they are getting healthy exposure to international audiences that are otherwise difficult to reach.  For US companies,   it means healthy exposure to Canadian investors that can and do purchase US stocks at will.

Please see the graph and table below for details, pertaining to:

  • Number Of Countries
  • Click % By Country
  • Top 25 Countries By Clicks

The data was sampled over the entire month of March and is consistent with what we’ve seen over the past couple of months.

For the tech geeks out there, we use bit.ly to track a small but ample sample of stories / posts / tweets that we publish.

Posted in AGORACOM Traffic, All Recent Posts | Comments Off on 44% Of AGORACOM Stories Clicked By Investors Outside Canada

US BLS Lies To Support Lies … Crazy But True … Play The Game Accordingly

Posted by AGORACOM at 12:58 AM on Friday, April 1st, 2011

It is no secret to anyone watching beyond CNBC headlines that the US Bureau of Labor Statistics (BLS) has been reporting lower jobless claims to placate markets on a reporting day – only to “revise” the figures upwards when nobody is looking a few days later.  In layman’s terms – they lie about the actual numbers.

Now, the problem is getting worse.  They are using “revised data” lies to support “improvement” lies.  Sounds complicated but it is quite simple and it goes something like this:

  1. BLS reports jobless statistics (“A”) and sounds victory bells
  2. BLS revises jobless figures higher when everybody has left the victory party and nobody is looking (“B”)
  3. BLS reports jobless figures next month (“C”) that are higher than “A” but lower than “B”
  4. BLS sounds victory bells because “C” came in lower than “B”, when they should have been comparing to “A”

For An Actual Example With Figures, See The Image Below That Apparently Made Rick Santelli Flip Out On CNBC Today.

In short, they always claim victory despite revisions and actual figures going higher.  No defeats, just victories.  Don’t complain.  Just be smart enough to know the US government is playing games with all economic data (i.e. inflation) and play along with them.  Just be prepared to bail if actual results don’t eventually catch up to the Fairy Tale Data.

Click on Image For Full Story At ZeroHedge

Posted in All Recent Posts, US Economy | Comments Off on US BLS Lies To Support Lies … Crazy But True … Play The Game Accordingly

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