via Talk Digital Network - Shacter Asset Management

A very good discussion on politics in Western Canada, including a short discussion on the Saskatchewan conservatives. The province's big revenue draw is the mining sector, and in the energy sector you have Uranium.

But they would also be anxious to see any sector develop that has the potential to do so, and its potential to develop the gold mining sector has been held back by living walking trolls in the mining industry.

There is also a burgeoning political problem, and that is the subsidization of the boom and bust mining sector by using public assistance to their benefit. Most of the locals working in the mines have been laid off, and to add to this, their towns are on fire. They can't be called to work as long as the emergency is in vigour.

If. GBN.V had cash flow, instead of promises to go into production, the GBN.V management would not have disadvantaged themselves. They have no capital requirement, but like broken promises to go into production, they have also defalcated in the balance sheet.

They are at considerable disadvantage should the short sellers get wind of the situation and look to CRJ.TO as their way out of a bind. CRJ.TO, because they have 'cash-flow' can merely wave shares in GBN.V's shareholders' faces and offer them a way out of their predicament.

http://talkdigitalnetwork.com/2015/07/this-week-in-money-7/