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6/18/16

Mexico 0, Chile 7

Oh my stars, and Vargas got four of them.

This is the type of tournament result that starts international diplomatic incidents, or topples Presidents, or gets team buses trashed when they arrive back on home soil.

In other news, Argentina strolled past Venezuela earlier this evening and the semis are now set fair (teams named in alphabetical order):

Argentina vs USA
Chile vs Colombia 

Dunno about you guys up there in Euro'16 France, but there's been some cracking football played so far in this edition of the Copa America. In the semis, USA will fancy their chances against an Argentina with undoubted world class attack but a bit iffy in defence. As for the other one, Colombia's definitely iffy defence will be tested by the rampant Chileans. So yes, I'm calling another Argentina/Chile final. Vamos a ver...

"Why I “Need” an AR-15"

Via Medium (who dumped the link into my mailbox) I read this article by Jon Stokes this morning and I've just read it again. He lays out the rationale for the civilian ownership of assault rifles* and he does it very well.

I don't agree with him and never will but I learned a whole bunch of things while reading it, he makes a far more intelligent case for gun ownership than the NRA dunderheads ever will. The article should be required reading by people on both sides of the debate and here's a snippet:

"This article isn’t my attempt to justify anything to you — it’s not a defense of what’s in my gun safe or of the AR-15 itself. If, for you, my AR-15 ownership is prima facie evidence of my mental instability, sexual inadequacy, lack of a conscience, or what-have-you, then I honestly don’t care what you think about this issue. You can go back to broadcasting your own moral superiority on social media, and I can go back to tuning you out until your rage therapy session is over.
No, this article is for the genuinely curious — those who assume that 5 million of their fellow Americans are not inhuman or insane, and who want to understand what set of rationales, no matter how flawed and confused they may ultimately turn out to be, could make an otherwise normal person walk out of a gun store with an “assault weapon.”"


*No, I'm not going to put things in speech marks. Read the article.

The top three most visited IKN posts this week are...

...in reverse order:

Third Place: "Scrape away Rick Rule's hard sell marketing BS and there are pearls of wisdom to be found".This Rule thing, I don't really get it. I mean, all the anarcho-capitalism bunkum is plain schoolboy dreamtime, but you don't get to be rich in the markets without knowing how numbers work and in the above link is an example of the Rule worth listening to.

Second Place: "I'll tell you what's funny about HudBay (HBM) (HBM.to)", which was just a bit of workplace gossip, but it's the kind of short post that often gets traction here because this blog is one of the few places that breaks the Canadian taboo of "you can say it but you can't write it down".

First Place: "A Clockwork Orange (from IKN370)" which is nice, as were the mails. Thanks.

6/17/16

The Friday OT: Kate Bush; A coral room

Those close to me know my penchant for melancholy music and that the two voices that hit most profoundly are those of Jacques Brel and Kate Bush; both defy definition. This is Kate Bush at her best, so touching it can be difficult to listen to the song without being hit by waves of emotion from places unknown. 


It's dedicated to Jo Cox's two children.
“The bonds between ourselves and another person exists only in our minds. Memory as it grows fainter loosens them, and notwithstanding the illusion by which we want to be duped and which, out of love, friendship, politeness, deference, duty, we dupe other people, we exist alone. Man is the creature who cannot escape from himself, who knows other people only in himself, and when he asserts the contrary, he is lying.”

Translated from 'À la recherche du temps perdu', Marcel Proust.

Passion for football

This one minute Youtube is simply fabulous. 



The girlfriend of this guy decided to prank him during Turkey's Euro 2016 football match. No more from me, Ill leave you to enjoy the results. My thanks to reader 'B' for the heads-up.

When sellside brokerage anal ysts get it totally wrong, BMO and Sandstorm (SAND) (SSL.to) edition

On Wednesday June 15th, i.e. two short days ago, BMO's Andrew Kaip opened coverage on Sandstorm (SSL.to) (SAND), giving the stock a "market perform" rating and a twelve month U$4.50 target price. Here's how the note began:




The very next day, his 12 month call was taken out:


We can conclude the following:

1) Kaip won't get into trouble for this because he basically called the stock higher and it went higher. Anal ysts face flak on those rare occasions they're daft/brave enough to call sell on a stock, not buy (or that ultimate get-out phrase, "market perform" linked to a tepid upside percentage call).

2) But it's not a "market perform" at all, it's obviously a "market outperform". He's done his readers a disservice by not getting them into a stock that moved 13.9% in the space of one day.

3) This can only mean that Kaip hasn't read SAND correctly. There's something very wrong with his basic assumptions and, as a public service, IKN invites said anal yst to consider just why he's got the call on this stock so obviously wrong. He may become better at his job from such a period of necessary introspection.

A return to Mount Stupid



The wonderful SMBC created this in 2011, you can see the original right here.

One of the things I've noticed over the years of doing this blog is the evolution and development of mailbag received. I still get corrected by readers, but because the normal subject matter has become evermore focussed on the mining world and the political and socioeconomic situation of Latin America, the corrections tend to come from people who actually know what they're talking about. These days, mails come from people with a nuanced grasp of the subject matter and they, almost invariably, are pleasant and constructive people with which to have an exchange or conversation. 

However...

...if IKN dares to stray into 1) a current affairs hot-button subject that's 2) political rather than about technical mining matters and 3) on matters happening in the English language world, the mailbag is suddenly filled with missives from people who proudly inhabit the very peak of Mount Stupid. It happens when I mention words like "Clinton", "Trump", "Israel" or "Immigrants" and this morning, thanks to yesterday's personal desire to pay tribute to Jo Cox, I've been treated to several doses of Mount Stupid fodder from a bunch of people who are, to use the vernacular, fucking idiots. Here's just one example:
"Jo was a young, fairly attractive, publicly likable pro-Remain...and I wouldn't bet 2c against the possibility (?probability) that she was "sacrificed" in a false-flag assassination ordered by the pro-Remain powers-that-be (in Brussels, BIS, City of London) to gain public sympathy. Brexit requires nothing more than Britishers with at least two neurons that still communicate. The question for me is whether there will actually be a real vote, or perhaps better said, a true outcome of the vote...I have my doubts. Guess we'll see."
IKN thanks all readers who reside on Mount Stupid and have taken the time and effort to write in this morning. You have reminded this humble scribe about many aspects of his work, not least the way that the mining company scam runners and immoral promo marketing pushers will always have an audience. Einstein was right.

6/16/16

Twain: "History never repeats itself, but...

...the Kaleidoscopic combinations of the pictured present often seem to be constructed out of the broken fragments of antique legends."

A pro-Brexit poster, unveiled today by the UKIP party's Nigel Farage:


A German government information film, c.1940:


Just a coincidence, innit guv.

Jo Cox

What happened to Jo Cox is ghastly, but she will not be the last victim of the thugs and idiots now taking control of the political debate.

Others will kill. We shall not kill. Thus we should direct our hearts.
Others will be cruel. We shall not be cruel. Thus should we direct our hearts.
Others will speak falsely. We will speak what is true. Thus we should direct our hearts.
Others will be fraudulent. We shall not be fraudulent. Thus we should direct our hearts.
Others will be hateful. We shall become loving. Thus we shall direct our hearts.
Others will be unwise. We shall become wise. Thus we shall direct our hearts.

UPDATE: Jo Cox has just been pronounced dead. No further posts today.

Lawrie Williams on Minera IRL

I can't blame him for either trying to be diplomatic or not knowing much about to two-faced snake Robin Fryer. Apart from that, there's nothing wrong with this article on the continued healing process at Minera IRL.

"Nunavut offers certainty of tenure and is pro responsible resource development"

That title line is a direct quote from the latest corporate presentation from Sabina Gold & Silver (SBB.to), which you can find on this link.

For more reading material, check out this link to the Nunavut Impact Review Board's decision against SBB's Back River project last night.

6/15/16

A Clockwork Orange (from IKN370)

The main intro piece from IKN370, out last Sunday evening, stuck here on the open blog by request (with one slight edit, keeping a name for subscribers only):

A clockwork orange

“By definition, a human being is endowed with free will. He can use this to choose between good and evil. If he can only perform good or only perform evil, then he is a clockwork orange - meaning that he has the appearance of an organism lovely with colour and juice but is in fact only a clockwork toy to be wound up by God or the Devil or (since this is increasingly replacing both) the Almighty State. It is as inhuman to be totally good as it is to be totally evil. The important thing is moral choice. Evil has to exist along with good in order that moral choice may operate. Life is sustained by the grinding opposition of moral entities.”
A Clockwork Orange, Anthony Burgess

Regular IKN blog reader and fairly recently subscribed to The IKN Weekly, reader JL sent over a short mail on Thursday that said a few nice things (ty sir) and then got to the point of the missive:

 “...do you have any of the mining promoter crowd that you think is "honest" and actually has its shareholders´ best interest?”

Yeah, let’s do this one. First and foremost, “we the crowd” mentioned all have our own agendas and note the use of the word “we”, I very much include myself in the bunch. This is not charity or even philanthropy, we are not in a place where some overriding religious urge of self-sacrifice is the paramount driver of action. This is mining and digging things out the ground and then selling what they found to somebody else, one of the most capitalist things a human being can do and no one is innocent. With that in place, we can now tackle the real-world question posed by JL. I don’t have the answer for you, because if you think about it long enough you find it’s a question of personal morality, i.e. what you consider to be good, bad or in the grey area between. Clockwork orange. But I have answers for myself and though a lot come from hard-won experience that can be termed “the BS meter” and are difficult to explain, I’m going to mention just one of the ways I categorize the voices that exhort me to buy this-or-that stock.

JL talks of the “mining promoter crowd” in his question, a broad church that covers plenty of different people and jobs, from company investor relations personnel, analysts paid to give recommendations, people paid to attract attention to a company, people paid to coerce you into buying shares, people wanting to sell their recently bought shares to somebody else at a higher price, plenty more besides. A crowded room, we need to differentiate at some level or another. This is a big subject and too much for one brief intro to a weekly, but one of the ways I filter through the noise is to ask myself who is paying for the opinion I’m currently hearing.

Here are the three possible answers, plus extra notes and thoughts on each one.

1) Mining Company pays for voice: This can be the IR person on the payroll, it can be sponsored coverage where a miner pays for a report or article to be published in the name of a third party, it can be a company advertising campaign, it can be the hiring of an IR company, it can be shares for column inches, all sorts of variations are possible. Without exception these voices will be biased towards the company story, however and with exceptions to prove the rule, I find that the ones with the most transparent and openly disclosed connection are the ones you can most rely upon. People such as Investor Relations execs for example, who will say, “Look, I get my monthly salary from XYZ Resources, I’m going to tell you why I think it’s a great story...etc”. They’re also nearly always the most knowledgeable too, after all they spend every immersed in their company’s minutiae. Meanwhile over on the other side of the coin, read that big long glowing report and then spend 15 minutes wading through tinyprint disclosures found via using tiny links to separate web pages and discover that the person who wrote the report was paid $20k by the company itself and...welcome to Metanor Resources, Liberty Silver and all the others. Another pet hate in the  ‘sponsored coverage’ world are those people who will assure you that even though they’re getting paid by the company, they wouldn’t have taken on the account if they weren’t comfortable about the story involved. That’s utter BS and I’ll let Lord Beaverbook explain why in this often-quoted exchange (1) sometimes attributed to other famous people:

“They are telling this of Lord Beaverbrook and a visiting Yankee actress. In a game of hypothetical questions, Beaverbrook asked the lady: ‘Would you live with a stranger if he paid you one million pounds?’ She said she would. ‘And if he paid you five pounds?’ The irate lady fumed: ‘Five pounds. What do you think I am?’ Beaverbrook replied: ‘We’ve already established that. Now we are trying to determine the degree.”

Bottom line: When the person is being paid to put a name in front of you they need to tell you that before anything else, the you can apply your own caveat emptor filter more efficiently. Voices in this category are naturally biased, they’re not necessarily dishonest, but pinches of salt and thorough DD on your part later are not optional extras.

2) Clients (i.e. you) pay for voice: This can be a sellside brokerage analyst (who wants commission on trades), a newsletter such as this one (who wants you to send U$XX per month), a friend that wants you in the stock because he thinks is a great opportunity (because he loves you), this can be a person looking to make their name by publishing free advice in exchange for a growing reputation (if they turn out to be good at it), a hundred different flavours to boot. In theory these are more reliable because they’re “in it with you”, in practice they can be even more deceitful than the “paid for” people because a) the letter writer may be in cahoots with the company via access to sweet and undisclosed options deals (one of the reasons I’ll never recommend (named edited out) again, for just one example) or b) the sellside brokerage has just “coincidentally” closed a juicy placement with the company or is fishing for a slice of the next bought deal. A couple of scenarios there, dozens more to choose from.

Bottom line: If you are paying for the voice you’re not buying a company, you’re buying a story, more no less. I treat these voices in exactly the same way as I treat the (junior mining) company itself, by using a) healthy skepticism to begin with and b) on the lookout for any lies, convenient omissions of key facts, evasiveness, etc. I have a (well-documented) low threshold for BS and it takes just one active deception for a story to fall apart and any nascent trust to be destroyed. If a mining company BSses you about one thing, it’ll BS you about dozens. The same goes for apparently independent voices who are trying to get you to buy Stock ABC for their own reasons. Trust takes time with “you pay” voices, respect is earned not imposed, therefore healthy doses of your own DD are also necessary here. If you get to a place where you can trust a third party’s opinion it sure saves a lot of time on your DD load, however even your most trusted sources will make mistakes so that DD of yours isn’t suddenly unnecessary, there’s ultimately no substitute for your own efforts.

3) It’s totally free, nobody pays for voice: If the voice you’re listening to claims they’re not benefitting in any way, they’re lying. Ain’t no free lunches in capitalism, we’re all in it for some reason or other and if they’re claiming altruism it’s just a big red flag.

Bottom line of bottom lines. The thing that most concerned me about JL’s question was how it can be misinterpreted and that’s why I decided to answer it, using just one aspect of a bigger subject to illustrate, the “who pays the voice” angle. Yes there are plenty of people who are paid in one way or another to get you into stock X or stock Y. Yes there are people who are "honest" and actually have “shareholders’ best interests at heart”. Yes there are a whole posse of crooks, schools of sharks and roomfuls of liars waiting for you in miningworld, trained and prepared in the fine art of separating you from your net wealth. The above covers just one way of considering the issue but hopefully you’ve spotted the main point already, the one that counts for all aspects: No matter what method you use to separate wheat from chaff:

Trust nobody.

Don’t trust me with your cash, don’t trust her or him or them or those. Even people you trust can and will make mistakes and you cannot take even your favourites for granted. Use their opinions as short-cuts for sure, but Do Your Own DD. When it comes right down to it, JL and others, it doesn’t matter one jot whether all, some or none of the mining promoter crowd is honest and has shareholder interest at heart. It’s your money, it’s your mistake to make, it’s your profit to enjoy, it’s your loss to suffer.



GLD inventories: Wanna take you higher

NB: Please take note of the cut-down Y-axis


That's nearly one hundred metric tonnes added to GLD since the end of April. And using official and accurate calculations by converting tonnes to troy ounces and then factoring in the current spot price for gold, we can inform readers that one hundred tonnes of gold is worth a very lot of money.

BOOM SHAKALAKALAKA!


Minera IRL: Adios Doug Jones and Robin Fryer

A great day for the company. Pinto just lost his mole. Goodbye.


LIMA, PERU--(Marketwired - June 15, 2016) - Minera IRL Limited ("Minera IRL" or the "Company") (BVLAC:MIRL), Latin America gold mining Company, announces the resignation of Messrs. Doug Jones and Robin Fryer from the Board of Directors of the Company.

Full NR here. We note with interest the way Doug Jones gets "The Company wishes Doug Jones every success with his new mining venture in West Africa" at the end. And Robin Fryer doesn't.

A Flash update...

...has just been sent to subscribers, at the opening bell this grey and dank Wednesday morning. A new trade in a near-term opportunity.

Dynasty Metals & Mining (DMM.to) is innovative

This is simply wonderful. Proof if it were ever needed of the ability in junior mining world to take a desperate situation and spin it into a happy touchy feely story.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 14, 2016) - Dynasty Metals & Mining Inc. ("Dynasty" or the "Company") (DMM.TO)(DMMIF) announces that, as a result of its ongoing negotiations to resolve the work stoppage at the Zaruma Project, its subsidiary Elipe S.A. ("Elipe") reached an agreement with workers with the aim of financing a partial payment of their outstanding wages.

Under this agreement, workers were permitted to extract ore from the Zaruma mine for a 10 day period ending today. The material extracted will be processed at third party mills in Ecuador at the workers' risk and cost. Over the next few days, Elipe's staff members together with workers' representatives will monitor processing at such mills to ensure that mineralized material is processed effectively in accordance with industry standards in order to maximize purity, as well as subsequent sales of processed gold and silver in order to ensure that sales are completed on a commercially reasonable basis, and that net proceeds of such sales are fully applied towards outstanding wages.
"We are very pleased to announce this innovative agreement reached by Elipe with workers at the Zaruma mine and look forward to achieving favourable results that will assist in our efforts in restarting operations," commented Robert Washer, CEO of Dynasty. "We believe our good faith efforts at finding solutions for our workers and re-starting operations will contribute to resolving the labour interruption with workers and Government officials.


But thanks to "innovation" and this mondo bizarro NR we also know that a company that has no money, its workers on strike, no production and multi-millions in financial  debt is about half way through a process to pay off part (not all) of what it owes to its workers. And before you ask, yes this is the same company that needs to pay around U$600,000 per month to Vertex beginning July 29th for eight months in succession, else be in default

6/14/16

Updating on Porter Stansberry's attempts to gag IKN

A quick update on the post of one month ago, when your humble scribe was informed that Porter Stansberry had filed legal action against this humble corner of cyberspace. As per this week Porter Stansberry seems to have given up trying to shut down IKN. Nothing on the docket since April 22nd:


The proven securities fraudster Porter Stansberry has probably decided against wasting his money in stupid and frivolous cases that don't have a chance of prospering. In other words, his bullyboy tactics haven't worked.

Or maybe he's just chicken? 

By the way Porter, gotta love the way you "don't know my ID" and file against John Doe. You're a joke.

UPDATE Friday June 17th: Now that we know Stansberry Research has seen this post...

 
...let's see how this Paragon Of Free Speech (when it suits him) reacts.

Regulus Resources (REG.v) finally finds some (small) sellers

It's been a hairyscary run-up, but there's always a number where juniors traders are willing to take profits and the last two days suggest that Regulus (REG.v) has found one at $1.40 or so.


A must-read article on Donald Trump and the USA election

Even though it's a longread, it's so good I've read it twice already this morning. It's called "Sad!", it's written by Sam Stein, it's as good a piece on the insides of the GOP as you're going to get all year.

IKN isn't your stop-off for USA election banter and it's not going to change into one, either, but this article featuring the defeated campaign managers from the Jeb Bush, Marco Rubio and Ted Cruz campaigns is packed with insight and is a must-read for anyone who cares about the vote coming at the end of the year. Here's part of the intro blurb:

"The stories they told me over a 90-minute conversation at a bar called Black Jack in Washington DC provided an entirely different view of the campaign and of elite Republican thinking. They spoke with unusual candor about which strategies they pushed that they now regret, how they believe network executives conspired against their candidates, what a disaster the Republican convention will be and why a Hillary Clinton blowout may be upon us. This is what it’s like to lose to Donald Trump."

The whole thing is here. We know Sam Stein is no friend of Trump's, having called his campaign a sideshows and saying, "If you are interested in what The Donald has to say, you’ll find it next to our stories on the Kardashians and ‘The Bachelorette.'”. He got the mood 100% wrong in 2015 and may be out with an axe to grind but this piece is less about the author, more about what's in quote marks.

Byron King of Agora calls Sell on Pershing Gold

Now THIS is funny. It would seem that Mr. King is on a steep learning curve...you would have thought he couldn't be this much of a greenhorn, but evidence suggests just that. Here's his message this morning:



For the backstory behind this stupidity read all about Byron King vs Daniel Ameduri right here. The thought of a BS scammer like Ameduri being able to give out lessons to self-appointed "Gold Speculator Experts" Agora people beggars belief; plain hilarious.

Waterton and loan irony

There's an old saying about how a bank will only lend to people that don't need it. This morning's best NR from Mininglandia is like the flipside of that...

"TORONTO, June 14, 2016 /PRNewswire/ - Waterton Global Resource Managemen ("Waterton Global") is pleased to announce the final closing of its third private equity fund Waterton Parallel Fund (the "Parallel Fund"), with total capital commitments of U.S. $725,000,000."
...because any mining company stupid enough to borrow from Waterton, kings of the Death Spiral, is so desperate for cash that they aren't worth looking at anyway.

Scrape away Rick Rule's hard sell marketing BS and there are pearls of wisdom to be found

There difference between Rick Rule and just about every other member of the high-profile salespeople of BS stories populating the junior mining world is that Rule actually knows what the hell he's talking about. An example popped up in my mailbox last night, the mailer rolling his eyes slightly but once I'd read the transcript of the exchange with the unspeakably crooked asshole James West* it had to be admitted; Rule imparts some very decent insight. 

"...there’s about $3.5 trillion worth of energy debt in public companies worldwide, and we think as much of $500 million of this is impaired. Now, what’s important to note here, James, is that the people who bought this stuff four or five years ago were yield-oriented, not credit-oriented. They didn’t take a look at the companies’ underlying ability to pay at various commodity prices, they just looked at the yield. So those people believed that a bad 8.5 per cent yield was better than a good 7 per cent yield. And that same lack of sophistication on the buy side will be evidenced on the sell side. When the disruption hits the energy credit markets, we suspect that the naïve buyers will believe that both oil and gas are four letter words, and they’ll sell with the same lack of discipline that they bought.
So imagine a situation where a piece of publicly traded subordinated debt was issued with a 7.5 per cent yield, and let’s say it has three or four years remaining on it. But the bond goes to 50, meaning that your 7.5 per cent yield becomes a 15 per cent yield, and in the three or four years to maturity, they have to buy you back at 100 for a piece of paper that you bought for 50.
Now if that piece of paper doesn’t pay you off at 100, the shareholders of the underlying security see themselves going to zero. So one of two things happen: you get sort of a 25 per cent annualized rolling yield, or the shareholders go to zero. We seek the ability to pick and choose through the whole range of resource credits, not merely energy credits but also precious metals credits and base metals credits. And the junk bond market will be the best opportunity available to us in resource markets globally."

Plenty more where that came from in the article, click here and read.


*Remember his role in Bobby Genovese's Liberty Silver scam, and his wonderfully stupid "Geology Doesn't Matter" commentary while pumping Seafield Resources for all you need to know. The planet does not need these parasites.

6/13/16

I'll tell you what's funny about Tahoe Resources (TAHO) (THO.to)

Ferrari Kev didn't know Makuch was leaving until Sunday evening, that's what's funny about Tahoe Resources. Karma's a bitch, Kev.

I'll tell you what's funny about HudBay (HBM) (HBM.to)

Ex-CEO David Garofalo going around telling people in private conversations that Rosemont is going to be green lighted any moment now, that's what's funny about HudBay (HBM). Because he's talking out of his rear end, it just isn't going to happen.

Our Dave should really be more worried about the mess he's making at GG than the one he left behind at HBM.

Joachim Löw cares about personal hygiene

Be proud Germany, be very very proud:



Video link here.

Tahoe Resources (TAHO) (THO.to) has a serious problem

The problem seems to be the way talent runs away the moment it realizes how the company is run. Or maybe Tony Makuch knows more about Lake Shore Gold than Kevin MacArthur? Or hey, perhaps he asked about the undisclosed workplace death at the Escobal mine one time too many, annoyed MacArthur one too many times and "was resigned"? Or is it the impending legal actions in Guatemala against the permitting process that "might" uncover bribes paid by TAHO to the corrupt Otto Perez Molina government?

Whatever way, Makuch has bailed and gone to Kirkland Lake. It's capitalism, baby.

6/12/16

The Hand of Atahualpa

In South American football, there is no sweeter sensation than:

1) Beating Brazil
2) Not only that, but dumping them out of a major tournament
3) But above all, doing it through an illegal goal!


 
Ahhhh Brazil, you'll be moaning about this for years and every time you sour-faced losers open your mouths about this, the rest of the world will laugh their collective asses off. 

Thank you Peru, a night of magic.

The IKN Weekly, out now




IKN370 has just been sent to subscribers. We detail the reasons behind the new copper trade (in two places, not just one), tell you exactly who you can trust in the junior mining commentary world, even take time to reiterate the obvious as regards Brexit (that it ain't gonna happen). Lots more of course.

Solidarity with Pulse

The 14th Dalai Lama said it well:



IKN sends best wishes to all those affected by the terrible events in Orlando, Florida this weekend. Non-judgment day is coming.

The top three most visited IKN posts this week are...

...in reverse order:

Third Place: "Minera IRL: It appears Daryl Hodges is officially full of shit...", oh my stars I'm glad this one made the frame. And by the way Chuck Higgins of Fasken and partner in the dirty life of Daryl Hodges the complete excrement load comment goes for you too. The only issue there is that a lawyer will take that as a compliment.

Second Place: "Man I'm glad I don't own shares in Fortuna Silver",which was one of those two-liners that get popular for reasons I've never really understood. It marked FVI's decision to buy Goldrock (GRM.v) but there was virtually nothing in the post, I wouldn't bother clicking through.

First Place: "The 2016 Copa America: They all look (and sound) the same to me" which won the week because it got popular on Facebook (Feibu as we say round here). The second time in two weeks that Zuckerberg's monster has decided the fate of the most popular post here at IKN, all hail the power of FB.