Member Info for mrtibbles

Soon as I can Rebess I will let you know.

I tend to agree in our situation, although who knows, perhaps a combination of both development & acquisition?

Exactly Cowichan!, this proposed Shariah compliant Cryto currency should have quite an effect on the comex and physical markets! Can't wait!

10 minutes ago- Today�s action is volatile because the physical market has not yet caught up wilt the paper market short squeeze , also US holiday on Monday so we will see some position squaring. All good to see some backfilling !

There is a new cryto currency in the final sages of being launched that is fully compliant with the Shariah gold exchange rules.

Quite so uncertain,as you suspected!

Primero operates the 100%-owned San Dimas silver-gold mine in Durango, Mexico, a premier low-cost asset with more than 100 years of mine production history. Primero has identified more than 120 epithermal veins with exploration potential. Together with First Majestic's existing six operating silver mines in Mexico, the combined company is expected to be a premier leading Mexican silver producer with pro forma annualized attributable silver equivalent production of 27-30 million silver equivalent ounces. With a strong balance sheet and liquidity profile and a diversified portfolio of seven producing silver mines in Mexico, the combined company is expected to continue generating strong free cash flow and industry leading exposure to silver prices. BENEFITS TO FIRST MAJESTIC SHAREHOLDERS � Establishes a cornerstone long-lived mine in Durango, Mexico, with well-established, low-cost operations complementary to First Majestic�s existing operations. � Builds on First Majestic's strengths in Mexico and underground mining expertise. � Accretive on all key metrics including NAV, cash flow, production, and resources to First Majestic shareholders, further diversifying production and free cash flow to First Majestic. � The amendment to the existing WPM stream agreement provides for a number of value creation opportunities with alignment between silver and gold production and increased post-stream cash flow at San Dimas. BENEFITS TO PRIMERO SHAREHOLDERS � Provides a comprehensive solution for Primero's capital structure and delivers a significant and immediate up-front premium to Primero shareholders. � Provides equity participation in a pro forma company with a strong balance sheet and diversified portfolio of seven operating mines with strong internal growth profile. � Superior financial strength and flexibility to support advancement of various development projects and silver production growth. � Enhances capital markets presence, increased analyst coverage and trading liquidity through equity participation in First Majestic. � Ability to leverage First Majestic's long-term good standing with the local unions, community and Mexico's tax authority. Keith Neumeyer, CEO of First Majestic, said, "The acquisition of Primero is a highly compelling transformative transaction that further enhances First Majestic's operating platform, adding a very high quality, long-lived asset in San Dimas, all in First Majestic's backyard in Durango, Mexico. Most importantly, the New Stream and related amendments with WPM repositions the asset by maximizing silver exposure for our shareholders, while significantly increasing the free cash flow from San Dimas. We look forward to working with the operating team at San Dimas and with WPM. We also welcome WPM as a significant business partner and shareholder in First Majestic going forward."

First Majestic Silver Announces Friendly Acquisition of Primero Mining and Restructured Stream with Wheaton Precious Metals All amounts are in U.S. dollars unless otherwise stated VANCOUVER, British Columbia and TORONTO, Jan 12, 2018 (GLOBE NEWSWIRE) -- First Majestic Silver Corp. ("First Majestic") (TSX:FR) (NYSE:AG) (Frankfurt:FMV) and Primero Mining Corp. ("Primero") (TSX:P) are pleased to announce that they have entered into a definitive arrangement agreement (the "Arrangement Agreement") whereby First Majestic will acquire all of the issued and outstanding common shares of Primero (the "Arrangement"). Under the terms of the Arrangement Agreement, all of Primero�s issued and outstanding common shares will be exchanged for First Majestic common shares on the basis of 0.03325 of a First Majestic common share for each Primero common share (the "Exchange Ratio"). Concurrent with execution of the Arrangement Agreement, First Majestic has entered into agreements with Wheaton Precious Metals International Ltd., a wholly-owned subsidiary of Wheaton Precious Metals Corp. ("WPM") whereby, following closing of the Arrangement, the current silver streaming interest at Primero�s San Dimas silver-gold mine (�San Dimas�) held by WPM will be terminated and First Majestic and WPM will enter into a new stream arrangement based on 25% of the gold equivalent production at San Dimas (the "New Stream") with ongoing payments of $600 per gold equivalent ounce delivered under the agreement. As part of the transaction, WPM will receive 20,914,590 common shares of First Majestic having an aggregate value of $151 million. The Exchange Ratio implies consideration of C$0.30 per Primero common share, based on the 20day volume weighted average price of the First Majestic common shares on the Toronto Stock Exchange (�TSX�) for the period ending January 10, 2018, representing a 200% premium to the weighted average price of Primero common shares on the TSX over the same period. The total transaction value is estimated at approximately $320 million, consisting of First Majestic equity to be issued to Primero shareholders and WPM described above and certain additional amounts payable in connection with the Arrangement, including repayment of all amounts owing under Primero's existing revolving credit facility, net of Primero cash on hand and the expected repayment of Primero's $75 million of outstanding convertible debentures and various transaction expenses. Primero operates the 100%-owned San Dimas silver-gold mine in Durango, Mexico, a premier low-cost asset with more than 100 years of mine production history. Primero has identified more than 120 epithermal veins with exploration potential. Together with First Majestic's existing six operating silver mines in Mexico, the combined company is expected to be a premier leading Mexican silver producer with pro for

create 4,000 jobs and make up to 300,000 vehicles a year by 2021. But how many taxi driver jobs will be lost in the long term? Governments the world over have not thought through all the implications of more robotics to carry out mundane tasks. Perhaps the answer will be a shorter working week for the same money & paying everyone a standard allowance whether they work or not as they are starting to do in some Scandinavian countries/

General Motors has filed for government approval to deploy the "first production-ready vehicle designed from the start without a steering wheel and pedals." The Cruise AV (Autonomous Vehicle) - a rebranded version of the Chevrolet Bolt EV - will be ready to hit the road by 2019, assuming GM receives clearance from the NHTSA and the individual states in which it wants to run the robo-taxis. Tax and other incentives have come to play a major role in luring automakers to invest in various regions of the U.S. Toyota (NYSE:TM) and Mazda (OTCPK:MZDAY) were reportedly offered at least $700M to steer their $1.6B new factory investment to northern Alabama. The project is expected to create 4,000 jobs and make up to 300,000 vehicles a year by 2021. Ford has confirmed a second death in a 2006 Ranger (NYSE:F) caused by a defective airbag inflator made by Takata (OTCPK:TKTDQ) and urged 2,900 owners in North America to stop driving the model immediately. Owners should contact their dealers to have the trucks repaired at their homes or towed into a dealership. At least 21 deaths worldwide are linked to the Takata inflators. Major changes are coming to Facebook (NASDAQ:FB) as Mark Zuckerberg prioritizes "meaningful social interactions" on the platform's News Feed versus "relevant content." Users will start seeing less public content from businesses or publishers and more posts from their friends. Zuck also expects the time people spend on the social network will go down as a result, but it will be "more valuable." FB -2.6% premarket. Dropbox has filed confidentially to go public, in what stands to be one of the largest tech IPOs in the past few years, sources told Bloomberg. The offering, expected in the coming months, would mark a rare move among richly valued tech startups that have capital still flowing in from giant investment firms. Dropbox (Private:DROPB) had a $10B valuation at the time of its last funding round in 2014. Intel is quietly advising some customers to hold off installing patches that address new security flaws affecting virtually all of its processors, WSJ reports. It turns out the patches had bugs of their own. The glitch underscores the difficulty of Intel's (NASDAQ:INTC) challenge as it scrambles to fix the unprecedented vulnerabilities, called Meltdown and Spectre. Attention, index-tracking and ETF investors: S&P Dow Jones Indices (SPGI, CME, NWS) and MSCI are renaming their Telecommunication Services Sector as Communication Services. Comcast (NASDAQ:CMCSA), DISH Network (NASDAQ:DISH), Netflix (NASDAQ:NFLX), Disney (NYSE:DIS), Facebook (FB), Twitter (NYSE:TWTR), Snap (NYSE:SNAP) and Alphabet (GOOG, GOOGL) will be added to the newly broadened category. The changes will be implemented after the close of business on Sept. 28, 2018. A small town three hours east of Seattle - Wenatchee, Washington - is turning into the epicenter of bitcoin mining in the U.S. The reason? A series of dams

The unofficial start of earnings season kicks off today as big banks JPMorgan (NYSE:JPM), Wells Fargo (NYSE:WFC) and PNC Financial (NYSE:PNC) report their quarterly numbers. Earnings for S&P 500 companies are expected to have increased by 11.8% in Q4, according to Thomson Reuters. But many companies are forecast to take one-time charges due to deferred taxes and may be reluctant to give the broad positive guidance expected by the trading community. Following months of political uncertainty, the euro jumped to a three-year peak against the dollar overnight after German party leaders reached a breakthrough in talks to form a "grand coalition." The ECB added to the bullishness on Thursday by signaling in minutes from its mid-December meeting that it's planning to slow its stimulus program more quickly than investors had expected. Euro +0.8% to $1.2123. As Beijing implemented new UN sanctions against Pyongyang, China reported a sharp drop in business with North Korea in 2017. Overall trade between the two nations fell 10.5% to about $5B, and the month of December showed trade diving 50.6% compared to 2016. While the U.S. may see that as a positive development, China posted a trade surplus with the country last year that climbed 10% to a record $275.8B. Negotiators have officially set a March deadline to rewrite NAFTA, but President Trump told the WSJ that he was "a little flexible," taking into account Mexico's July 1 presidential and legislative elections. "They can pay for it indirectly through NAFTA... We make a good deal on NAFTA, and, say, I'm going to take a small percentage of that money and it's going toward the wall. Guess what? Mexico's paying." Citing the government's failure to pass key fiscal reforms, Standard & Poor's has downgraded Brazil's credit rating deeper into junk territory, to BB-, or three notches below investment grade. It's a slap in the face for the administration of President Michel Temer, which has been touting Brazil's progress in recovering from its worst recession on record. Extending the market's strong start to the year, Brent crude oil broke above $70/bbl yesterday for the first time since 2014, underpinned by the effectiveness of OPEC output cuts and geopolitical risk in producing countries like Iran. In the U.S., WTI crude climbed as high as $64.77 as domestic stockpiles posted their eighth straight week of declines. General Motors has filed for government approval to deploy the "first production-ready vehicle designed from the start without a steering wheel and pedals." The Cruise AV (Autonomous Vehicle) - a rebranded version of the Chevrolet Bolt EV - will be ready to hit the road by 2019, assuming GM receives clearance from the NHTSA and the individual states in which it wants to run the robo-taxis. Tax and other incentives have come to play a major role in luring automakers to invest in various regions of the U.S. Toyota (NYSE:TM) and Mazda (OTCPK

Fair comments Robbie! Especially so about Josef who made a great contribution in helping the creation of Sukari as it is today, but he has moved onto other projects over the past year so this management reshuffle is probably for the best in the long term.

True America is a vast and beautiful country, that's not the problem, it is the economic policies that many of it's ruling politicians have followed over past decades that are being seen for what they are. Having Trump who has no tact or diplomacy and little idea of how to behave as president has made things much worse than they may have been, he really is unfit for any governmental position in the 21st century,agreed. I have met some lovely warm and friendly Americans who despair at their countries president, but then to be fair look at the calibre of many of our UK politicians, also unfit for office!

No waiting for payment as soon as the share goes Ex Dividend the divi goes to the CFD position that day! This is another reason why the ETF fund like to hold divi paying stocks in CFD positions. Remember though you only get the divi on a Long position CFD. If you hold the Divi paying stock in a short position then it is you who has to pay the divi! Getting a CFD short wrong in a divi paying stock can be very expensive as I learnt the hard way in the past !

1. Declaration Date The declaration date is the day that the company declares that it will pay a dividend. With this declaration, the company announces how much it will pay, the ex-dividend date, and the payment date. The declaration date is sometimes called the �announcement date� and most reliable dividend-paying companies keep to a regular declaration schedule (adjusting for weekends and holidays, of course). Likewise, companies generally now announce changes to their dividends along with earnings announcements or in separate press releases. Declaration dates can be more significant for foreign companies, where payouts are often based as a consistent percentage of profits and where it is less common to �pre-announce� changes to the dividend. 2. Ex-dividend Date As of the ex-dividend date, buyers of this stock will no longer be entitled to receive the declared dividend and the stock is said to thereafter trade �ex-dividend� (without dividend). Before trading opens on the ex-dividend date, the exchange marks down the share price by the amount of the declared dividend. As an example, ABC Inc declares a $1 dividend with an ex-dividend date of January 10th. Anybody who buys the shares on the 7th, 8th, or 9th�or any date prior to the 10th�will get that dividend. When the stock opens on the 10th, it will be adjusted down by $1 from the 9th�s closing price. Anybody who buys on the 10th or thereafter will not get the dividend. Another important note to consider: as long as you purchase a stock prior to the ex-dividend date, you can then sell the stock any time on or after the ex-dividend date and still receive the dividend. A common misconception is that investors need to hold the stock through the record date or pay date. Ex-dividend dates are the single most important date to consider whenever buying a dividend-paying stock. Thus, we strongly encourage readers to use our ex-dividend calendar. 3. Record Date The record date is simply the date where the company looks at its ledger and determines to whom they send the dividend checks (�the holders of record�). The record date is always two business days after the ex-dividend date (business days being non-holidays and non-weekends). This date is completely inconsequential for dividend investors, since eligibility is determined solely by the ex-dividend date. 4. Payment Date As the name suggests, the payment date (or �pay date�) is the date on which a company actually pays out its dividend. Generally speaking, this date falls about two weeks to one month after the ex-dividend date.

But what does this new bloke know about dealing with the Egyptians way of doing things and how will they receive him? It may be a good thing of course, the market seems to be unsure at the present though?

China is diversifying its foreign exchange reserves in order to safeguard their value, according to the country's currency regulator, while dismissing a Bloomberg report stating the government was halting or reducing its U.S. debt purchases. Chinese officials were said to have recommended the move amid a less attractive market for Treasury bonds and rising U.S.-China trade tensions.

http://www.thisismoney.co.uk/money/markets/article-5255991/Bitcoin-boom-end-tears-warns-Warren-Buffett.html

I agree Rebess, a share buy back would make so much sense it would bolster the SP and make us less likely to attack from the shorters . At present the big divi is lapped up by the ETF funds in their CFD accounts and as they receive it on the day it goes ex divi they can then go short on the stock knowing it will pul back by the divi and the knocking it down further. Of course if the CC then the institutional investors would move in and they would be likely to vote in favour of a share buy back . Talking of CC that is where we are really going to miss Siko's insight and knowledge! I wonder if Sinnerthesaint is still on the big bed,?

Perhaps they will reconsider the present dividend payments levels and instead use some of the spare cash for share buy back or other acquisitions?