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something like that
The Plain Bagel
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Comments by "something like that" (@somethinglikethat2176) on "The Plain Bagel" channel.
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Damn, not even 1 cent on the dollar. Those political donations aren't looking so silly now.
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It seemed a transparent deflection to me. As the old saying goes "if the law is on your side, pound the law. If the facts are on your side pound the facts. If neither are on your side pound the table."
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@skelly0000 have you been on Facebook? There's no age limit to this.
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I like where you're going with this, but can we include the word "freedom" anywhere?
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That's an even better return than betting against Jim Kramer.
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I don't understand "pension funds" as a concept. It seems so alien to let the company run the retirement savings of people and that the company can cut them, ect. And that people have one legal protection.
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They have to be. They'd be sued into the ground if they weren't.
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I think I heard somewhere that it was originally a sort of commentary on the ridiculously nature of this deals on a face value to a layperson kind of way. Similar to the original "pull yourself up" quote was.
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$16M in market cap sounds extremely low. At that point I imagine you would basically have a mining lease, a small office and a few staff with most of the field work being carried out by contractors because it would be difficult to afford much equipment.
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Do these junior miners have many people on the books or is it nearly all contractors?
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Plus he left the US taxpayer almost $24 billion short. Edit: in avoided tax liabilities.
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Idk, I'm not sure it matter too much either way unless they're dumping the stock after the pump. Their mining lease will mostly determine how much the company will be worth. So it one way their future value is set in stone. Most of them sound like they're too small to afford their own equipment with or without the advising so it will be all contractors doing the exploration work and if they do find something worth mining they'll probably just sell the lease to a bigger company. Maybe they're look to borrow and using the increased stock value for help with that. Probably still not the best use of limited financial resources as you say but.
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Meanwhile Google is right the next to them selling ads to every scammer with two bucks to their name.
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They government wouldn't have bothered letting them pay out depositors' claims if they were held by regular people. Catch 22 for small people caught up in it.
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The US IRS gave up its $24B tax claim as well. Kinda makes things easier when you don't need to pay the tax man.
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@John.F_Kennedy in these cases I'd say the mining lease is the product.
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@anisenkrill6179 even setting up a small mine would easily run into a hundred or two million. Even more if it's a bulk commodity depending on the port and rail situation.
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He was the comment below this one saying Richard is right and he'll have a response video out soon. Haven't seen the channel before, what's he usually like?
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It's a shame because he's obviously good at what he does.
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