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2024.06.04 03:48 Then_Marionberry_259 JUN 03, 2024 PGE.V STILLWATER CRITICAL MINERALS APPOINTS GLENCORE'S BRADLEY ADAMSON TO ITS BOARD OF DIRECTORS
https://preview.redd.it/bg2ne5lbng4d1.png?width=3500&format=png&auto=webp&s=65c4a3389bb28b94e38ee00874cfcc9e38c6f14d submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] VANCOUVER, BC / ACCESSWIRE / June 3, 2024 / Stillwater Critical Minerals Corp. (TSX.V:PGE)(OTCQB:PGEZF)(FSE:J0G) (the "Company" or "Stillwater") is pleased to announce the appointment of Mr. Bradley Adamson as an Independent Director. Mr. Adamson is a veteran resource industry professional with over 25 years of global experience focused on nickel and cobalt in Canada, Africa, Brazil and Australia with Glencore PLC, where he leads Business Development for Glencore's nickel group. He has led and been involved with many of Glencore's nickel divestments, mergers and acquisitions and has held various board positions for the group. He holds a Bachelor of Engineering in Minerals Engineering from the Western Australian School of Mines along with a Post Graduate Diploma in Applied Finance from Kaplan Professional. He began his career with WMC Resources followed with periods at Anaconda Operations and BHP Billiton. He joined Glencore in 2004 and has developed a strong operational, project development and commercial background over the subsequent 20 years with the group. Stillwater Critical Minerals President & CEO, Michael Rowley commented, "We are very pleased to announce the appointment of Bradley Adamson as Glencore's appointee to the Stillwater board of directors. Bradley brings extensive corporate experience in global mining and mine finance in addition to his strong background in nickel and cobalt metallurgy to our work in the Stillwater Igneous Complex, one of the world's most iconic magmatic formations. We look forward to providing further updates including additional drill results as we continue to advance our flagship Stillwater West critical minerals project towards its potential as a primary US-based source of battery and catalytic metals." Warrant Extension The Company further reports that it has applied for TSX Venture Exchange approval to extend the expiry date on certain warrants that are due to expire June 16, 2024 (the "Warrants"). Per the application, 7,406,250 Warrants that were originally issued as part of a financing completed in June 2021 (see news release June 16, 2021) will be extended to a new expiration date of June 16, 2025. Each Warrant entitles the holder to acquire one common share at an exercise price of CDN$ 0.55. About Stillwater Critical Minerals Corp. Stillwater Critical Minerals (TSX.V:PGE)(OTCQB:PGEZF)(FSE:J0G) is a mineral exploration company focused on its flagship Stillwater West Ni-PGE-Cu-Co + Au project in the iconic and famously productive Stillwater mining district in Montana, USA. With the addition of two renowned Bushveld and Platreef geologists to the team and strategic investments by Glencore, the Company is well positioned to advance the next phase of large-scale critical mineral supply from this world-class American district, building on past production of nickel, copper, and chromium, and the on-going production of platinum group, nickel, and other metals by neighboring Sibanye-Stillwater. An expanded NI 43-101 mineral resource estimate, released January 2023, positions Stillwater West with the largest nickel resource in an active US mining district as part of a compelling suite of nine minerals now listed as critical in the USA. To date, five Platreef-style nickel and copper sulphide deposits host a total of 1.6 billion pounds of nickel, copper and cobalt, and 3.8 million ounces of palladium, platinum, rhodium, and gold at Stillwater West. All deposits remain open for expansion along trend and at depth. Results are pending from resource expansion drilling completed in the fall of 2023. Stillwater also holds the high-grade Black Lake-Drayton Gold project adjacent to Treasury Metals' development-stage Goliath Gold Complex in northwest Ontario, currently under an earn-in agreement with Heritage Mining, and the Kluane PGE-Ni-Cu-Co critical minerals project on trend with Nickel Creek Platinum‘s Wellgreen deposit in Canada‘s Yukon Territory. FOR FURTHER INFORMATION, PLEASE CONTACT: Michael Rowley, President, CEO & Director - Stillwater Critical Minerals Email: [info@criticalminerals.com](mailto:info@criticalminerals.com) Phone: (604) 357 4790 Web: http://criticalminerals.com Toll Free: (888) 432 0075 Forward-Looking Statements This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts including, without limitation, statements regarding potential mineralization, historic production, estimation of mineral resources, the realization of mineral resource estimates, interpretation of prior exploration and potential exploration results, the timing and success of exploration activities generally, the timing and results of future resource estimates, permitting time lines, metal prices and currency exchange rates, availability of capital, government regulation of exploration operations, environmental risks, reclamation, title, and future plans and objectives of the company are forward-looking statements that involve various risks and uncertainties. Although Stillwater Critical Minerals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and development of mines is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. For more information on Stillwater Critical Minerals and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedar.com. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE: Stillwater Critical Minerals View the original press release on accesswire.com https://preview.redd.it/92g2nmpbng4d1.png?width=4000&format=png&auto=webp&s=c0dfe4540ce2287d6d8444bebf63fb01b97d64a8
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2024.06.04 03:37 Then_Marionberry_259 JUN 03, 2024 AAG.V AFTERMATH SILVER: UPDATE ON SUCCESSFUL METALLURGICAL TEST WORK ON BERENGUELA AG-CU-MN MINERALIZATION
https://preview.redd.it/s24yp44alg4d1.png?width=3500&format=png&auto=webp&s=98663497e3e1f6acf8f66cb882045b35b2dd8464 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] Vancouver, British Columbia--(Newsfile Corp. - June 3, 2024) - Aftermath Silver Ltd. (TSXV: AAG) (OTCQX: AAGFF) (the "Company" or "Aftermath Silver") is pleased to provide an update on on-going metallurgical test work on mineralized rock from its Berenguela Ag-Cu-Mn project in southern Peru underway at Kappes Cassiday and Associates' (KCA) Reno facility. The Company has prepared 16 composite samples of mineralized drill core from its 2021-2 drill program, representing the key geometallurgical domains identified in the NI43-101 resource estimate published April 12, 2023 (see news release dated April 13, 2023 and Figure 1 below). Eight samples consist of crushed drill core for direct leaching tests (Table 1 below) and a further 8 samples consist of uncrushed core samples for possible ore sorting tests prior to leaching (Table 2 below). The initial test work was carried out on sample RD2MINA, from geometallurgical domain 2 (see Aftermath NR dated February 29, 2024.) Recent test work focused on sample RD4LOWA, from geometallurgical domain 4, which has roughly twice the combined content of calcium and magnesium of RD2MINA, and approximately half the content of manganese (see Table 1). Test results have successfully confirmed that, despite the wide range of metal content, both samples can be processed using the same treatment route outlined for RD2MINA. Detailed leaching and purification parameters derived from the first round of test work were successfully applied to RD4LOWA indicating that the entire range of material of lower dolomite content in the resource assaying <12% Ca+Mg can be processed by direct leaching methods, potentially without ore sorting - this represents approximately 33% of the contained Mn in M&I. Production of HPMSM from the purified solution of this second composite has not yet been attempted, but the chemistry at this point is identical to the first composite so no problems are expected. Overall manganese recovery exceeds 94%. Ralph Rushton, President and CEO of Aftermath commented: "The implications of the latest results for the project are significant. We can potentially process the full range of mineralization types identified in last year's resource estimate in zones of lower dolomite content using a single, robust flow sheet that can accommodate a broad range of manganese grades and a range of Ca and Mg content. We also have some flexibility in how we recover the contained copper. Further test work can now be advanced on differing mineralization types using the experience gleaned from the positive results to date." The second round of test work was also used to evaluate the recovery of copper by sulphidation processes. It was confirmed that the process can precipitate a copper sulfide which is 99+ percent pure copper sulfide, and which can remove all iron and zinc as sulfides with only a few percent co-precipitation of manganese. These results now enable planning for further test work to go ahead: a) On combinations of the remaining samples listed in Table 1. b) On a set of 4 drill composite samples in the 12-16% Ca+Mg grade ranges which represent approximately another third of the contained Mn in M&I In the short to medium term test work covering material that represents approximately two-thirds of the contained Mn in M&I will be completed. https://preview.redd.it/g2onlg7alg4d1.png?width=720&format=png&auto=webp&s=1376708865deef5aea839e319217274d577d9f68 Table 1: Calculated head grades of 8 crushed core composites samples of material <12% Ca+Mg from drill assays and sample weights in composites. https://preview.redd.it/rq9zpk8alg4d1.png?width=720&format=png&auto=webp&s=db8d04cdb390984874905bfcb5032eb7319c0ee8 Table 2: Calculated head grades of 8 uncrushed core composite samples of material >12% Ca+Mg from drill assays and sample weights in composites Fig.1 - Geometallurgical Domains Berenguela Resource (source Aftermath Technical Report "Berenguela Mineral Resource Estimate NI 43-101 Aftermath Silver Ltd. Province of Lampa, Department of Puno, Peru", dated March 30, 2023, prepared by AMC Consultants available here or on Aftermath's website) https://preview.redd.it/0iwt0n9alg4d1.jpg?width=1481&format=pjpg&auto=webp&s=7312a6179fb690e3a52c38d41441b5499676c5bb Berenguela Project: Background
Berenguela Ag-Cu-Mn deposit Mineral Resource as of 31 January 2023 https://preview.redd.it/k2w5mqbalg4d1.png?width=720&format=png&auto=webp&s=8d7edbdf3b2fc612ce0d8d50a074241979389a54 Notes:
Assay protocol For the purposes of calculating head grades of the eight composites referenced in this press release, individual intersection grades were used as reported in the Berenguela drill program of 2021/2 with a brief description of assay QA/QC protocols below. Individual bags of coarse rejects from the drill program per Ca+Mg interval per domain were weighed and composited to produce a sample with a similar grade as reported in the resource block model of the 2023 NI 43-101 report (see link below). Some coarse rejects were split to achieve acceptable grade ranges. A calculation of the weight of the sample and its contributing grades resulted in the calculated composite head grade. Composite samples for this press release ranged in mass from 59kg to 1005kg depending on the amount of coarse reject sample available. Four composite samples were collected for each geometallurgical domain 1-4. "MIN" samples - <8% Ca+Mg range (this press release) "LOW" samples - 8-12% Ca+Mg range (this press release) "MED" samples - 12-16% Ca+Mg range (not yet reported) "HI" samples - >16% Ca+Mg range (not yet reported) Berenguela drill program QA/QC: Sample preparation and assaying was carried out in Peru by ALS Peru S.A ("ALS"). ALS preparation facilities in Arequipa and assaying facilities in Lima both carry ISO/IEC 17205 accreditation. Logging and sampling were carried out by Aftermath geological staff at the Limon Verde camp in Santa Lucia. Samples were transported to Arequipa and delivered to ALS for preparation and subsequent assaying of pulps in Lima. During the preparation stage, quartz-washing was performed after each sample to prevent carry-over contamination. Initial assaying was done using a four-acid digestion and ICP-AES multielement analysis for 31 elements. Over limit samples (Ag > 100 g/t, Cu/Mn/Zn >10,000 g/t) were reanalysed using 4 acid-digestion and ore-grade ICP-AES analysis. Any Ag samples reporting >1,500 g/t Ag are further analysed using fire assay with gravimetric finish. A selection of pulps was submitted to an umpire laboratory to perform check analyses and verify QA/QC implemented in the project. Every batch of 20 samples submitted for assay contained 1 certified reference material (CRM), 1 coarse blank, 1 pulp blank and 1 duplicate core sample, OR 2 CRMs, 1 coarse blank, 1 duplicate core sample. Aftermath commissioned OREAS to prepare 3 different CRMs made from samples of Berenguela mineralization so they are compositionally matched to the mineralized core. Results of the QA/QC were reported in: Aftermath Technical Report "Berenguela Mineral Resource Estimate NI 43-101 Aftermath Silver Ltd. Province of Lampa, Department of Puno, Peru", dated March 30, 2023, prepared by AMC Consultants available here or on Aftermath's website at this link https://www.aftermathsilver.com/site/assets/files/5843/722031-aftermath-berenguela-mineral-resource-estimate.pdf Qualified person Michael Parker, a fellow of the AusIMM and a non-independent director of Aftermath, is a non-independent qualified person, as defined by National Instrument 43-101. Mr. Parker has reviewed the technical content of this news release and consents to the information provided in the form and context in which it appears. Dan Kappes, a Registered Professional Engineer (Mining Engineer #3223, Metallurgical Engineer #3223) in the State of Nevada, USA, and Founder and President of Kappes, Cassiday & Associates, is the qualified person set out in National Instrument 43-101 (NI 43-101) responsible for overseeing the design and execution of the metallurgical test program and has reviewed and approved the contents of this release. About Aftermath Silver Ltd. Aftermath Silver is a leading Canadian junior exploration company focused on silver and aims to deliver shareholder value through the discovery, acquisition and development of quality silver projects in stable jurisdictions. Aftermath has developed a pipeline of projects at various stages of advancement. The company's projects have been selected based on growth and development potential. ON BEHALF OF THE BOARD OF DIRECTORS "Ralph Rushton" Ralph Rushton CEO and Director 604-484-7855 The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking Information Certain of the statements and information in this news release constitute "forward-looking information" within the meaning of applicable Canadian provincial securities laws. Any statements or information that express or involve discussions with respect to interpretation of exploration programs and drill results, predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "is expected", "anticipates", "believes", "plans", "projects", "estimates", "assumes", "intends", "strategies", "targets", "goals", "forecasts", "objectives", "budgets", "schedules", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements or information. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking statements. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward‐looking statements. Factors that could cause actual results to differ materially from those in forward‐looking statements include, but are not limited to, changes in commodities prices; changes in expected mineral production performance; unexpected increases in capital costs; exploitation and exploration results; continued availability of capital and financing; differing results and recommendations in the Feasibility Study; and general economic, market or business conditions. In addition, forward‐looking statements are subject to various risks, including but not limited to operational risk; political risk; currency risk; capital cost inflation risk; that data is incomplete or inaccurate. The reader is referred to the Company's filings with the Canadian securities regulators for disclosure regarding these and other risk factors, accessible through Aftermath Silver's profile at [www.sedar.com*](https://api.newsfilecorp.com/redirect/zEY85TxqoR).* There is no certainty that any forward‐looking statement will come to pass and investors should not place undue reliance upon forward‐looking statements. The Company does not undertake to provide updates to any of the forward‐looking statements in this release, except as required by law. Cautionary Note to US Investors - Mineral Resources This News Release has been prepared in accordance with the requirements of Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects (''NI 43-101'') and the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards, which differ from the requirements of U.S. securities laws. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Canadian public disclosure standards, including NI 43-101, differ significantly from the requirements of the United States Securities and Exchange Commission (the "SEC"), and information concerning mineralization, deposits, mineral reserve and resource information contained or referred to herein may not be comparable to similar information disclosed by U.S. companies. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/211418 https://preview.redd.it/6jafzscalg4d1.png?width=4000&format=png&auto=webp&s=6e43ab4ab105d073b24b7df6f1edb57b9b69a07b
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2024.06.04 03:32 Appropriate_Air_6743 Anatomy of an Online Scammer
2024.06.04 03:30 Few_Two7933 My SD is tomorrow but I still don't know my assigned site - can't contact onboarding team
2024.06.04 03:24 Investineverything Crazy Facts about Britain before Christianity
https://preview.redd.it/q3stkw3zig4d1.png?width=1920&format=png&auto=webp&s=905e33caa1b36214ca596f19e06a7b505eba32da submitted by Investineverything to MangerThings [link] [comments] Did you know that the ancient Britons practiced cannibalism as part of their religious rituals? It's a shocking revelation that makes us shudder, but it's just one of the many disturbing truths we'll uncover today as we explore Crazy Facts of pre-Christian Britain. Cannibalism in Ancient Britain Imagine stumbling upon a cave in Somerset, England, only to uncover a dark chapter of our prehistoric past. Here, in Gough's Cave, the ancient Britons practiced cannibalism. Artifacts unearthed tell a grim tale: human remains, marred by bite marks, and skulls meticulously sculpted into bowls. These findings reveal a resourceful, albeit gruesome approach to survival. Primitive stone knives were used to carve meat and muscle from bodies. Bite marks found on ribs and even toes indicate that no part was wasted. The cave was occupied around 15,000 years ago during the Upper Paleolithic period. The butchery marks on bones suggest a systematic process of dismembering and defleshing, indicative of cannibalistic practices. Skulls were shaped into cups, likely used for drinking or rituals. This practice has been observed in other prehistoric cultures, blending practicality and symbolism. Such skull cups might have been used in ceremonies to honor the dead or in communal feasts, possibly to absorb the deceased's strength or spirit. Brutal Human Sacrifices in Ancient Britain Pre-Christian Britain was a land steeped in rituals, some of which involved brutal human sacrifices. Archaeological discoveries of well-preserved bodies found in bogs provide chilling evidence of these practices. These bodies, often referred to as "bog bodies," exhibit severe injuries that suggest ritualistic killings. One notable example is the "Lindow Man," discovered in a peat bog in Cheshire. This Iron Age man suffered a violent death: a heavy blow to the back of the head fractured his skull and pushed fragments into his brain, breaking his teeth. His throat was then slit, and he was likely strangled with a cord, indicating a triple killing method designed to ensure death. The acidic, low-oxygen environment of bogs preserves organic materials remarkably well. This preservation allows modern archaeologists to study these ancient remains in great detail. Many of these bodies date back around 2,000 years, providing invaluable insights into the rituals and lifestyle of Iron Age Britons. The method of inflicting three fatal injuries suggests a ritualistic element, possibly to ensure the victim's death was suitable as an offering to the gods. Some bog bodies were found with artifacts, such as woven cords, wooden stakes, or animal remains, indicating their symbolic significance in sacrificial rituals. Roman writings, like those by Julius Caesar, mention human sacrifices conducted by the Druids. While these accounts provide valuable insights, they can be biased or exaggerated, reflecting Roman perceptions of Celtic barbarism rather than objective observations. It is crucial to approach them with caution. These sacrificial practices highlight the deeply spiritual and ritualistic nature of pre-Christian Britain. The Britons believed in appeasing their gods through offerings, which sometimes included human lives. Understanding these ancient rituals provides context for the profound changes that occurred with the advent of Christianity. The new faith introduced a radically different worldview, emphasizing compassion and the sanctity of human life. These principles gradually replaced the older practices of ritual violence, transforming the cultural and spiritual landscape of Britain. These brutal sacrifices, preserved through time, offer a glimpse into the complex and often harsh spiritual world of ancient Britons. They remind us of the drastic cultural shifts that took place with the rise of Christianity, transforming a society steeped in ritual violence into one guided by new religious principles. The Wicker Man: Fact or Fiction? The legend of the Wicker Man, a giant effigy used by Druids for human sacrifice, is one of the most chilling tales from ancient Britain. According to Roman sources, Druids built large, hollow figures out of wicker, filled them with human tributes, and then set them ablaze. But how much of this legend is true? Julius Caesar, in his commentary "The Gallic Wars," mentions Druids using wicker structures for human sacrifices. These accounts, though valuable, often depicted the Druids in a negative light to justify Roman conquest. Other Roman writers, like Strabo and Tacitus, also contribute to the narrative of the Wicker Man. Some scholars argue that a large wicker structure would collapse under the weight of multiple human bodies. This has led to the theory that the Romans may have exaggerated or misinterpreted these rituals. It’s possible that Druids burned effigies symbolizing humans rather than using actual people. Despite detailed Roman accounts, there is little direct archaeological evidence supporting the practice of burning live humans in wicker structures. Most findings related to Druidic rituals involve smaller-scale sacrificial practices. Other discoveries, such as bog bodies and carved human remains, provide insight into Druidic sacrifices, though they do not directly confirm the Wicker Man story. Sacrificial rituals were not uncommon in ancient cultures, serving various religious and social purposes. Druids likely performed sacrifices to appease gods, seek favor, or ensure community well-being. Roman authors may have emphasized the more sensational aspects of Druidic practices to portray the Celts as barbaric and justify their campaigns in Britain and Gaul. The Wicker Man legend has been popularized in modern times, especially by the 1973 horror film "The Wicker Man," which drew heavily on these ancient tales to create a compelling, though fictional, narrative. Contemporary historians and archaeologists continue to study these accounts critically, seeking to separate myth from reality and understand the true nature of Druidic practices. The story of the Wicker Man, whether rooted in fact or fiction, reflects the complex and often misunderstood nature of Druidic rituals. It serves as a reminder of the powerful influence of myth and the need for critical examination of historical sources. As we delve deeper into these ancient practices, we gain a richer understanding of the beliefs and customs that shaped pre-Christian Britain. The Red Lady of Paviland: Ancient Mysteries The oldest human remains found in Britain belong to the so-called "Red Lady of Paviland," who was actually a young man covered in red ochre body paint. Discovered in a cave in Gower, Wales, these remains date back 34,000 years, making this the oldest ceremonial burial site in Western Europe. In 1823, the Reverend William Buckland discovered the remains in Paviland Cave. Due to the red ochre and burial artifacts, he initially misidentified the remains as those of a woman, hence the name "Red Lady." Later analysis revealed that the remains belonged to a young man in his twenties, likely a significant figure in his community. The Red Lady was buried with various artifacts, including ivory rods, seashell necklaces, and periwinkle shells. These items suggest a ceremonial burial, indicating the young man's importance. The red ochre covering the body was likely used for ritualistic purposes, signifying a symbolic or spiritual role. Many scholars speculate that the Red Lady may have been a shaman or mystic. The elaborate burial and use of red ochre suggest he held a special status within his community, possibly as a spiritual leader. Shamans were integral in prehistoric societies, serving as healers, mediators with the spirit world, and keepers of knowledge. The burial dates back to the Upper Paleolithic period, a time when modern humans were developing complex societies and spiritual beliefs. This discovery provides crucial insights into the burial practices, social structures, and spiritual beliefs of early humans in Britain. Modern techniques like radiocarbon dating and DNA analysis have provided more accurate information about the age and origins of the remains. Ongoing research seeks to understand the broader cultural and migratory patterns of ancient humans in Europe, connecting findings like the Red Lady to wider prehistoric contexts. The story of the Red Lady of Paviland offers a fascinating glimpse into the distant past, revealing the rich spiritual and social life of ancient Britons. As we uncover more about this young shaman, we continue to piece together the complex tapestry of human history in pre-Christian Britain. Skara Brae: A Neolithic Marvel In the late 19th century, a fierce storm battered the island of Orkney, off the northern coast of Scotland. As the winds howled and the earth shifted, an incredible discovery emerged from beneath the sand and grass: Skara Brae, a remarkably well-preserved Neolithic settlement. This ancient village, inhabited from around 3200 BCE to 2500 BCE, predates both Stonehenge and the Great Pyramids, making it one of the oldest and most complete Neolithic sites in Britain. The storm of 1850 revealed a cluster of stone-built homes that had been hidden for millennia. Subsequent excavations uncovered an extensive settlement, providing invaluable insights into Neolithic life. The settlement was naturally preserved by layers of sand and grass, which shielded it from the elements and human interference for thousands of years. The houses of Skara Brae were constructed from flagstones and built into mounds of pre-existing midden, providing insulation against the harsh Orkney climate. Each dwelling contains intact stone furniture, including beds, dressers, and fireplaces, demonstrating advanced building techniques and a keen sense of domestic organization. The village is connected by covered passageways, indicating a well-planned community layout designed for protection and social interaction. Excavations have uncovered various everyday objects, such as pottery, tools, and jewelry. These items reflect the daily activities and craftsmanship of the inhabitants. Among the artifacts are gaming pieces, suggesting that the people of Skara Brae engaged in recreational activities and had a rich cultural life. Evidence of animal bones, fish, and shellfish remains indicates a diet based on farming, fishing, and gathering. The presence of tools and decorative items also points to trade and skilled craftsmanship. Skara Brae’s age, dating back over 5,000 years, makes it older than the Egyptian Pyramids and Stonehenge. This highlights the advanced nature of Neolithic societies in Britain. The settlement provides a window into the social structure, daily life, and technological advancements of prehistoric people. It challenges modern perceptions of early human societies as primitive and unsophisticated. Today, Skara Brae is part of the Heart of Neolithic Orkney UNESCO World Heritage Site, recognized for its outstanding preservation and cultural significance. It is a popular tourist destination, offering visitors a chance to step back in time and explore the lives of our ancient ancestors. The site features a visitor center with exhibitions and guided tours. Skara Brae stands as a testament to the ingenuity and resilience of Neolithic people. Its discovery and preservation provide invaluable insights into a world long past, allowing us to connect with the distant origins of human civilization. Through its stone walls and ancient artifacts, Skara Brae tells a story of community, innovation, and survival in a harsh and unforgiving landscape. Boudica: The Fearless Warrior Queen Boudica was a British queen and wife of Prasutagus, a regional king who sought alliance with the Romans upon their arrival. Despite his efforts, when Prasutagus died, the Romans enslaved his relatives and plundered his kingdom. When Boudica protested, she and her daughters were brutally assaulted. In retaliation, Boudica raised an army of loyal Britons and led a fierce rebellion against the Romans. She is estimated to have killed as many as 70,000 Romans and their allies before her forces were eventually defeated by a more organized Roman army. Facing capture, Boudica chose to poison herself. During the first century AD, the Roman Empire expanded into Britain, encountering various tribes and kingdoms. The Iceni, ruled by Prasutagus and Boudica, initially sought a cooperative relationship with the Romans. However, the Romans often enforced harsh policies, including heavy taxation and land confiscation, fueling resentment among the local tribes. The mistreatment of Boudica and her daughters galvanized her resolve to fight back. Her personal suffering and the broader injustices faced by her people spurred her into action. Boudica's forces initially achieved significant victories, sacking the Roman towns of Camulodunum, Londinium, and Verulamium. These attacks caused widespread destruction and panic among the Romans. The Roman governor, Gaius Suetonius Paulinus, eventually rallied his forces and confronted Boudica’s army. Despite being outnumbered, the Romans’ superior military discipline and tactics prevailed. The decisive battle likely took place at a location thought to be along Watling Street. Roman discipline and strategy overwhelmed the larger but less organized Briton forces. Boudica’s rebellion, though ultimately unsuccessful, became a symbol of resistance against oppression. Her story was recorded by Roman historians Tacitus and Cassius Dio, ensuring her legacy. Today, Boudica is remembered as a national heroine in Britain. Statues and monuments, such as the one near the Houses of Parliament in London, commemorate her courage and leadership. Her life and rebellion have been the subject of numerous books, films, and academic impact on British history and culture. Boudica’s fierce resistance against the Romans exemplifies the struggle for freedom and justice. Her leadership and determination left an indelible mark on history, reminding us of the power of resilience in the face of tyranny. The Painted Ones: The Picts Who Saved Scotland The Picts, a fierce warrior people of northern Britain, played a crucial role in the formation and preservation of Scotland. Named "the painted ones" by the Romans due to their use of war paint, the Picts defended Scotland from several invasions. Their formidable resistance prevented the Romans from conquering the northern territories and later repelled the Anglo-Saxons. The Picts’ victory at the Battle of Dun Nechtain in 685 AD was pivotal in maintaining Scotland’s independence, ensuring that the entire island did not become a single Anglo-Saxon nation. The Picts were a confederation of tribes with Celtic origins, inhabiting what is now eastern and northern Scotland from as early as the Iron Age. The term "Pict" comes from the Latin "Picti," meaning "painted ones," referring to their custom of body painting or tattooing with intricate designs. The Romans built Hadrian’s Wall around 122 AD to defend their province of Britannia from the northern tribes, including the Picts. A later attempt to push further north led to the construction of the Antonine Wall. However, the Picts’ resistance proved too formidable, and the Romans eventually retreated back to Hadrian’s Wall. In 685 AD, the Picts, led by King Bridei III, faced the Anglo-Saxons at the Battle of Dun Nechtain. The Picts decisively defeated the Northumbrian forces, halting their expansion into Pictish territory. This victory secured Scotland's independence and preserved its distinct cultural identity. The Picts left behind a rich cultural legacy, including intricately carved stones, metalwork, and fortified settlements known as brochs. These artifacts provide insights into their sophisticated society and artistic achievements. Over time, the Picts merged with the Gaelic-speaking Scots from the west, forming the Kingdom of Alba, which evolved into modern Scotland. This integration laid the foundation for the unified Scottish identity. The Picts’ resilience and military prowess were instrumental in preserving the independence of northern Britain, allowing Scotland to emerge as a distinct entity. Their legacy continues to be celebrated as a defining element of Scottish history and heritage. The Mystery of the Ninth Legion The Roman Ninth Legion, an elite force of over 5,000 soldiers, vanished from history in the second century AD after arriving in Britain. What happened to them? One theory suggests they marched north to fight the Picts in Scotland and were never seen again. Another theory posits they left Britain and were killed fighting the Persians. It's also possible they were simply decommissioned. Despite various speculations, there is little concrete evidence to support any theory, and the upheaval and violence of second-century Britain adds to the mystery of their disappearance. The Ninth Legion, also known as Legio IX Hispana, was one of the most renowned units in the Roman army. They played crucial roles in several key campaigns across the Roman Empire. The Ninth Legion arrived in Britain during the Roman invasion in AD 43, participating in the conquest and subsequent control of the province. One popular theory is that the Ninth Legion marched north to quell uprisings by the Picts, fierce tribes in what is now Scotland. The harsh and rugged terrain, coupled with the formidable Pictish warriors, may have led to their complete annihilation. Another theory suggests that the Ninth was redeployed to the Eastern Roman Empire to fight against the Persians. Historical records indicate heavy losses in such battles, which could explain their disappearance. A less dramatic theory is that the Ninth Legion was decommissioned or absorbed into other units. Administrative decisions in the Roman military often led to the reorganization of legions. The fate of the Ninth Legion is shrouded in mystery due to the lack of definitive historical records. Roman military documentation from the period is incomplete, leaving gaps in the narrative. The mysterious disappearance of the Ninth Legion has inspired numerous books, films, and legends. The story captures the imagination, highlighting the enduring intrigue of historical mysteries. Historians and archaeologists continue to debate and investigate the possible fate of the Ninth Legion. Each new discovery adds pieces to the puzzle, though the full picture remains elusive. The mystery of the Ninth Legion remains one of the most captivating enigmas of Roman Britain. Whether they met their end in the wilds of Scotland, on the battlefields of Persia, or were quietly decommissioned, their story continues to fascinate and inspire, reflecting the complexity and uncertainty of ancient history. https://youtu.be/nmLK4B88Qfc?si=w0tiEDqg-SmNJRMI |
2024.06.04 03:22 pusheencat133 Driving with suspended learners permit.
2024.06.04 03:14 Then_Marionberry_259 MAY 31, 2024 GENM.TO GENERATION MINING FILES FINAL BASE SHELF PROSPECTUS AND UPDATES SHAREHOLDERS
https://preview.redd.it/nkyscqk6hg4d1.png?width=3500&format=png&auto=webp&s=eecda761de3c61c3935893492b61f8e950187601 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] Generation Mining Limited (TSX:GENM, OTCQB: GENMF) ("Gen Mining" or the "Company") is pleased to announce that it has filed a final short form base shelf prospectus (the “ Prospectus “) with the securities regulatory authorities in each of the provinces and territories of Canada, except Quebec. The Company has filed the Prospectus in order to have greater financial flexibility going forward but has no immediate plans to issue any securities under it at this time, and may never proceed with any such issuance. Upon issuance of a receipt for the Prospectus by the securities regulatory authorities, the Company may issue and sell up to C$60,000,000 in the aggregate of common shares, debt securities, warrants, subscription receipts, units, or any combination thereof, from time to time, over the 25-month period that the Prospectus remains effective. Should the Company decide to offer securities during the 25-month effective period, the specific terms, including the use of proceeds, will be set forth in a prospectus supplement to the Prospectus, which will be filed with the applicable Canadian securities regulatory authorities. “ As the Generation team continues to advance the Marathon Palladium-Copper Project toward final construction permits and eventual production, global macro events independent of our project can benefit our shareholders, ” said Jamie Levy, President and CEO of the Company. “Over the next 25 months, this prospectus will ensure that Generation can rapidly raise capital when access is available on favourable terms.” This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, state or jurisdiction. Upon issuance of the receipt, a copy of the short form base shelf prospectus can be found under the Company's issuer profile on SEDAR+ at www.sedarplus.ca Amended and Restated Technical Report In addition, today the Company has filed on SEDAR+ an amended technical report for its Marathon Palladium-Copper Project entitled “Amended Feasibility Study Update, Marathon Palladium-Copper Project, Ontario, Canada” dated May 31, 2024 with an effective date of December 31, 2022 (the “Amended Technical Report”). The Amended Technical Report contains no changes to the material disclosures in the previously filed technical report dated March 31, 2023 with an effective date of December 31, 2022 (the “Technical Report”), including no changes to the estimated mineral reserves and resources, the mine plan, cost estimates and economic analysis. The Amended Technical Report is being filed, as a result of a review by staff of the Ontario Securities Commission, to remove reference to certain statements relating to the Qualified Persons’ reliance on other experts and their liability for the contents of the Technical Report which purported to limit the responsibility and liability of the Qualified Persons. In addition, Table 15.6 – Measured and Indicated Mineral Resource Whittle Shell Results for Combined Diluted Model is being amended to correct labelling of certain metal grade columns and Table 16.1 – Pit Phase Design Summary and Table 16.3 – Shell and Design Comparison are being amended to correct an error in how certain weighted average grades were calculated. About Generation Mining Limited Gen Mining’s focus is the development of the Marathon Project, a large undeveloped palladium-copper deposit in Northwestern Ontario, Canada. On March 31, 2023, the Company released the results of a Feasibility Study Update with an effective date of December 31, 2022. On May 31, 2024, the Company filed an Amended Feasibility Study Update with the same effective date (the “Feasibility Study”). The Feasibility Study estimates a Net Present Value (using a 6% discount rate) of C$1.16 billion, an Internal Rate of Return of 25.8%, and a 2.3-year payback. The mine is expected to produce an average of 166,000 ounces of payable palladium and 41 million pounds of payable copper per year over a 13-year mine life (“LOM”). Over the LOM, the Marathon Project is anticipated to produce 2,122,000 ounces of palladium, 517 million lbs of copper, 485,000 ounces of platinum, 158,000 ounces of gold and 3,156,000 ounces of silver in payable metals. For more information, please review the Feasibility Study dated May 31, 2024, filed under the Company’s issuer profile at www.sedarplus.com or on the Company’s website at https://genmining.com/projects/feasibility-study/ The Marathon Property covers a land package of approximately 22,000 hectares, or 220 square kilometres. Gen Mining owns a 100% interest in the Marathon Project. Qualified Person The scientific and technical content of this news release was reviewed, verified, and approved by Drew Anwyll, P.Eng., M.Eng, Chief Operating Officer of the Company, and a Qualified Person as defined by Canadian Securities Administrators’ National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Forward-Looking Information This news release contains certain forward-looking information and forward-looking statements, as defined in applicable securities laws (collectively referred to herein as "forward-looking statements"). Forward-looking statements reflect current expectations or beliefs regarding future events or the Company’s future performance. All statements other than statements of historical fact are forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "continues", "forecasts", "projects”, “predicts”, “intends”, “anticipates”, “targets” or “believes”, or variations of, or the negatives of, such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “should”, “might” or “will” be taken, occur or be achieved, including statements relating to the Prospectus, any shelf prospectus supplements, the proposed use of proceeds from any offering of Securities using the Prospectus, any related shelf prospectus filings, the life of mine, mineral production estimates, payback period, and financial returns from the Marathon Project. Although the Company believes that the expectations expressed in such statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the statements. There are certain factors that could cause actual results to differ materially from those in the forward-looking information. These include the timing for a construction decision; the progress of *development at the Marathon Project, including progress of project expenditures and contracting processes, the Company’s plans and expectations with respect to liquidity management, continued availability of capital and financing, the future price of palladium and other commodities, permitting timelines, exchange rates and currency fluctuations, increases in costs, requirements for additional capital, and the Company’s decisions with respect to capital allocation, and the impact of COVID-19, inflation, global supply chain disruptions, global conflicts, including the wars in Ukraine and Israel, the project schedule for the Marathon Project, key inputs, staffing and contractors, commodity price volatility, continued availability of capital and financing, uncertainties involved in interpreting geological data, environmental compliance and changes in environmental legislation and regulation, the Company’s relationships with First Nations communities, exploration successes, and general economic, market or business conditions, as well as those risk factors set out in the Company’s annual information form for the year ended December 31, 2023, and in the continuous disclosure documents filed by the Company on SEDAR+ at www.sedarplus.ca Forward-looking statements are based on a number of assumptions which may prove to be incorrect, including, but not limited to, assumptions relating to: the availability of financing for the Company’s operations; operating and capital costs; results of operations; the mine development and production schedule and related costs; the supply and demand for, and the level and volatility of commodity prices; timing of the receipt of regulatory and governmental approvals for development projects and other operations; the accuracy of Mineral Reserve and Mineral Resource Estimates, production estimates and capital and operating cost estimates; and general business and economic conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking information. For more information on the Company, investors are encouraged to review the Company’s public filings on SEDAR+ at www.sedarplus.ca . The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20240530523632/en/ Jamie Levy President and Chief Executive Officer (416) 640-2934 (O) (416) 567-2440 (M) [jlevy@genmining.com](mailto:jlevy@genmining.com) https://preview.redd.it/9p8h45r6hg4d1.png?width=4000&format=png&auto=webp&s=9f1d7dd8a2a0d5501ff820d58f21c676e922afc3
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2024.06.04 03:13 TheRealAntonioRo m.zerohashfx.com Scam or not?
2024.06.04 03:13 Then_Marionberry_259 JUN 03, 2024 GENM.TO INTERNATIONAL ENERGY FORUM REPORT DETAILS EV COPPER HURDLES
https://preview.redd.it/jy1bc8z4hg4d1.png?width=3500&format=png&auto=webp&s=a3c1d702b331d0da78dea809d72bae5c2d6758e9 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] Generation Mining Hosting Fireside Chat with Report Co-Author Generation Mining Limited (TSX:GENM, OTCQB: GENMF) welcomes the recent report by the International Energy Forum (“IEF”) entitled “Copper Mining and Vehicle Electrification”, which states that the world will not be able to produce enough copper to transition to 100% electric vehicle production by 2035 – the target of many governments around the world. This IEF report (the “Report”) goes on to state that “Policymakers might consider changing the vehicle electrification goal from 100% EV to 100% hybrid manufacture by 2035. This would allow for future output of existing and new copper mines to be used for the developing world to catch up with the developed world in electrification.” Please join us on Wednesday June 5th at 2pm (EST) for a fireside chat to discuss vehicle electrification and copper mining with IEF Report co-author, Adam Simon, PhD, along with Generation Mining representatives, Kerry Knoll and Jamie Levy. Please use this link to register and attend the event: https://events.6ix.com/preview/the-looming-ev-copper-shortfall-fireside-chat-with-professor-adam-simon www.genmining.com Mr. Simon is the Arthur F. Thurnau Professor of Earth & Environmental Sciences at the University of Michigan and a Fellow of the Society of Economic Geologists. His research focuses on the geology and geochemistry of mineral deposits that provide society with copper and other critical minerals. He has co-authored the textbook “Mineral Resources, Economics and the Environment”, which is considered an authoritative source for beginners and experts, and “Earth Materials: Components of a Diverse Planet”. He has published 100 peer-reviewed research articles. He regularly delivers lectures to the general public and experts on all aspects of the energy transition including a TEDx talk. He is the 2024 Society of Economic Geologists Distinguished Lecturer. The Report cites a February 2024 report by the American Council for an Energy-Efficient Economy showing that EVs and hybrids scored similarly based on their cost to human health from air pollution associated with vehicle manufacturing and disposal, the production and distribution of fuel or electricity, and vehicle tailpipe emissions. “Generation Mining has been advocating the need for hybrid vehicles and stressing the challenges of fleet electrification by 2035, for many of the reasons cited in Mr. Simon’s IEF report,” said Jamie Levy, President and Chief Executive officer of the Company. “Our company is in a unique position, in that we would benefit from a transition to electric vehicles due to the large copper component of our Marathon project, but we also benefit from a transition to hybrid vehicles, which require increased loadings of palladium and platinum.” Other noteworthy points made in the Report are:
The non-profit International Energy Forum is the world's largest international organization of energy ministers from 73 countries and includes both producing and consuming nations. The IEF has a broad mandate to examine all energy issues including oil and gas, clean and renewable energy, sustainability, energy transitions and new technologies, and data transparency as well as providing focus to the critical issue of energy poverty. The Report was co-authored by Lawrence M. Cathles, a professor at Cornell University. About Generation Mining Limited Gen Mining’s focus is the development of the Marathon Project, a large undeveloped palladium-copper deposit in Northwestern Ontario, Canada. On March 31, 2023, the Company released the results of a Feasibility Study Update with an effective date of December 31, 2022. On May 31, 2024, the Company filed an Amended Feasibility Study Update with the same effective date (the “Feasibility Study”). The Feasibility Study estimates a Net Present Value (using a 6% discount rate) of C$1.16 billion, an Internal Rate of Return of 25.8%, and a 2.3-year payback. The mine is expected to produce an average of 166,000 ounces of payable palladium and 41 million pounds of payable copper per year over a 13-year mine life (“LOM”). Over the LOM, the Marathon Project is anticipated to produce 2,122,000 ounces of palladium, 517 million lbs of copper, 485,000 ounces of platinum, 158,000 ounces of gold and 3,156,000 ounces of silver in payable metals. For more information, please review the Feasibility Study dated May 31, 2024, filed under the Company’s issuer profile at www.sedarplus.ca or on the Company’s website at https://genmining.com/projects/feasibility-study/ The Marathon Property covers a land package of approximately 26,000 hectares, or 260 square kilometres. Gen Mining owns a 100% interest in the Marathon Project. Qualified Person The scientific and technical content of this news release, including the sampling, analytical and test data underlying the technical content, was reviewed, verified, and approved by Mauro Bassotti, P.Geo, Vice President Geology of the Company, and a Qualified Person as defined by Canadian Securities Administrators’ National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Forward-Looking Information This news release contains certain forward-looking information and forward-looking statements, as defined in applicable securities laws (collectively referred to herein as "forward-looking statements"). Forward-looking statements reflect current expectations or beliefs regarding future events or the Company’s future performance. All statements other than statements of historical fact are forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "continues", "forecasts", "projects”, “predicts”, “intends”, “anticipates”, “targets” or “believes”, or variations of, or the negatives of, such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “should”, “might” or “will” be taken, occur or be achieved, including statements relating to the anticipated life of mine; mineral production estimates, payback period, and financial returns from the Marathon Project. Although the Company believes that the expectations expressed in such statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the statements. There are certain factors that could cause actual results to differ materially from those in the forward-looking information. These include the timing for a construction decision; the progress of development at the Marathon Project, including progress of project expenditures and contracting processes, the Company’s plans and expectations with respect to liquidity management, continued availability of capital and financing, the future price of palladium and other commodities, permitting timelines, exchange rates and currency fluctuations, increases in costs, requirements for additional capital, and the Company’s decisions with respect to capital allocation, and the impact of COVID-19, inflation, global supply chain disruptions, global conflicts, including the wars in Ukraine and Israel, the project schedule for the Marathon Project, key inputs, staffing and contractors, commodity price volatility, continued availability of capital and financing, uncertainties involved in interpreting geological data, environmental compliance and changes in environmental legislation and regulation, the Company’s relationships with First Nations communities, results from planned exploration and drilling activities, local access conditions for drilling, and general economic, market or business conditions, as well as those risk factors set out in the Company’s annual information form for the year ended December 31, 2023, and in the continuous disclosure documents filed by the Company on SEDAR+ at www.sedarplus.ca . Readers are cautioned that the foregoing list of factors is not exhaustive of the factors that may affect forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date or dates specified in such statements. Exploration results that include geophysics, sampling, and drill results on wide spacings may not be indicative of the occurrence of a mineral deposit. Such results do not provide assurance that further work will establish sufficient grade, continuity, metallurgical characteristics and economic potential to be classed as a category of mineral resource. Forward-looking statements are based on a number of assumptions which may prove to be incorrect, including, but not limited to, assumptions relating to: the availability of financing for the Company’s operations; operating and capital costs; results of operations; the mine development and production schedule and related costs; the supply and demand for, and the level and volatility of commodity prices; timing of the receipt of regulatory and governmental approvals for development projects and other operations; the accuracy of Mineral Reserve and Mineral Resource Estimates, production estimates and capital and operating cost estimates; and general business and economic conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking information. For more information on the Company, investors are encouraged to review the Company’s public filings on SEDAR+ at www.sedarplus.ca . The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20240603568193/en/ Jamie Levy President and Chief Executive Officer (416) 640-2934 (O) (416) 567-2440 (M) [jlevy@genmining.com](mailto:jlevy@genmining.com) https://preview.redd.it/1e02fn55hg4d1.png?width=4000&format=png&auto=webp&s=3e9e33ced1f5628116a6b4ec80540ce4e9f5fa48
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2024.06.04 03:12 City_Index USD/JPY upside getting difficult as US economic data rolls over. June 4, 2024
By : David Scutt, Market Analyst submitted by City_Index to Forexstrategy [link] [comments]
Asymmetric risks for US rates on displayRisks for US rates were always asymmetric around these levels, with upside far harder won than downside given the higher rates go the more likely it will spark a hard economic landing. We saw that playout on Monday with the ISM non-manufacturing PMI sparking a massive rally across the US Treasury curve, led by the short end which is heavily influenced by Fed rate expectations.Two-year yields slumped 8 basis points, taking them to within touching distance of a level I’ve described as something of a dividing line for the higher for longer narrative. Markets now favour two rate cuts from the Fed in 2024 rather than one. https://preview.redd.it/2528b9rqfg4d1.png?width=1835&format=png&auto=webp&s=a43c93609a5c16a789868694faad55b8b2f47d32 So why the big reaction in the bond market? While the detail was undeniably weak with activity contracting at a faster pace in May while lead indicators such as new orders tanked, the substantial bid in bonds was arguably just as much driven by where yields were sitting up until just a few days ago. Up until last week two-year yields were flirting with 5%, a level they’ve struggled to push beyond throughout this Fed tightening cycle. But with the Fed’s preferred inflation measure, the core PCE deflator, revealing the gradual disinflation trend has resumed after a hot start to the year, focus has now shifted to how activity indicators are holding up. https://preview.redd.it/2sokhy5tfg4d1.png?width=1835&format=png&auto=webp&s=1940a728e621a3661a0b6f2629ca23077d9f6ec4 Abrupt US slowdown already here?Even before the weak manufacturing PMI came across the screens, evidence was quickly accumulating to suggest growth is rolling over. Citi’s US economic surprise index turned sharply negative, indicating more data than not was surprising to the downside relative to consensus economist forecast. Soft surveys such as the Chicago PMI were outright recessionary.Personal consumption is also faltering, declining in April once adjusted for inflation, extending the slowdown seen in the first three months of the year. It’s little wonder the Atlanta Fed GDPNow forecast model now has the economy expanding at an annual pace of 1.8% in the June quarter, down nearly two full percentage points on the level indicated two weeks ago. https://preview.redd.it/uiqv0l34gg4d1.png?width=595&format=png&auto=webp&s=33f41ed7dfb2d046483efbcc7fc8b41f805fd06e Source: Atlanta Fed Just as economic activity has started to splutter, yields were flirting with 2024 highs, likely explaining why the Treasury market reacted so aggressively to one single data point. But now focus is acutely on activity data, any reports that can confirm or question the growth slowdown narrative will be influential not only on bonds but also USD/JPY given its sensitivity to yield differentials. ISM services takes on added significanceWhile most pundits are looking to Friday’s nonfarm payrolls report for clarity, Wednesday’s ISM services PMI has now arguably taken on more significance for markets. Unlike lagging payrolls which reflects where the economy is coming from, the services PMI print provides a near real-time measure of activity across the most important part of the US economy. If it confirms the signal in the manufacturing PMI, the reaction could be huge given we're talking about a far more important part of the economy.For anyone trading USD/JPY or other rate sensitive asset class, this is the report to watch, especially the prices paid, employment and new orders sub-indices. If they weaken noticeably, the likely compression in yield differentials could hammer USD/JPY lower. But if it contradicts the slowdown narrative, as the separate S&P Global US Services PMI report did a fortnight ago, there’s every chance US bond yields and USD/JPY may squeeze higher. Click the website link below to get our exclusive Guide to USD/JPY trading in Q2 2024 https://www.cityindex.com/en-au/market-outlooks-2024/q2-usd-jpy-outlook/ https://preview.redd.it/ng3mt50bgg4d1.png?width=1000&format=png&auto=webp&s=bb0b2c0dd578c00752c1b70b6602cfa175e40922 Tuesday’s calendar devoid of major risk eventsWhile it is another busy US calendar on Tuesday, nothing looms as being particularly market moving for USD/JPY unless horribly weak. On that front, the volatile JOLTS survey could dish up anything given you can drive a Mack truck through its margin of error. If you are looking for some form of signal, you’d be better off looking at the quits rate rather than headline figure. People don’t tend to quit unless they’re confident they’ll have a job to go to, right?!https://preview.redd.it/6synd1idgg4d1.png?width=1680&format=png&auto=webp&s=8623e3554ff37f49c8250dd918bc77c9c24274a6 USD/JPY short-term technical outlookLike the impact on US bond yields, the ISM manufacturing report left its mark on USD/JPY, delivering a fat inverse hammer candle, taking out support at 156.57 and minor uptrend dating back to the start of May. With RSI breaking its uptrend simultaneously, bears have the ascendency near-term.Should the ISM services report confirm the weakening growth signal in other surveys, minor support at 155.55 may break like a twig in a hurricane, putting USD/JPY on track for a potential test of the 50-day moving average at 154.74. But if the figure wrongfoots the market and points to economic resilience, USD/JPY may squeeze back above 157 unless it signals sharp softening in services inflation. https://preview.redd.it/rqm3zc1ggg4d1.png?width=1835&format=png&auto=webp&s=f69023b9a2920a6f59881c12fdc4d701786bb0b3 -- Written by David Scutt Follow David on Twitter @scutty https://www.cityindex.com/en-au/news-and-analysis/usd-jpy-upside-getting-difficult-as-us-economic-data-rolls-ove From time to time, StoneX Financial Pty Ltd (“we”, “our”) website may contain links to other sites and/or resources provided by third parties. These links and/or resources are provided for your information only and we have no control over the contents of those materials, and in no way endorse their content. Any analysis, opinion, commentary or research-based material on our website is for information and educational purposes only and is not, in any circumstances, intended to be an offer, recommendation or solicitation to buy or sell. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks, if you are at all unsure. No representation or warranty is made, express or implied, that the materials on our website are complete or accurate. We are not under any obligation to update any such material. As such, we (and/or our associated companies) will not be responsible or liable for any loss or damage incurred by you or any third party arising out of, or in connection with, any use of the information on our website (other than with regards to any duty or liability that we are unable to limit or exclude by law or under the applicable regulatory system) and any such liability is hereby expressly disclaimed. |
2024.06.04 03:11 WaitIMadeAGIFForThis Looking for some older fics from one author circa 2008-2010 or so
2024.06.04 03:11 Coffey0112 Online Dating
2024.06.04 03:06 Qqqpid First time beating the cpu on Chess.com. Strange Game (winged it)
2024.06.04 02:57 chessman6500 Having a hard time finding a dating partner
2024.06.04 02:56 a-capricious-guy Summer Sublease at 945 Weyburn Terrace (University Housing)
2024.06.04 02:55 TheSageMatchaLatte So my sister is doing the Oregon Trail, and...
submitted by TheSageMatchaLatte to GameTheorists [link] [comments] |
2024.06.04 02:53 KennethPereira 34 [M4F] Massachusetts / Rhode Island / US - I Made My Own Dating Site
2024.06.04 02:39 Adventure_Drake A Promise from the Past (11)
2024.06.04 02:38 YHFTATNHT Where Does the Total Drama Fandom Post Their Fanfic?
(Originally posted to Tumblr here. Also available to read on AO3 here.) submitted by YHFTATNHT to Totaldrama [link] [comments] Here's amateurly-collected data based off of either on-site data filters (FFN & AO3) or a database of 2500 fics (Wattpad). Please take Wattpad's results with a massive grain of salt: there's much more than 2500 TD fics on that site, but that's when I decided to cut off harvesting data. This chart counts fics that were updated in that year on the platform, not when they were published. Wattpad is again the exception, because technical limitations only allow me to filter through publish date instead. Although there's only three sites on here, I'm not opposed to looking through Quotev next, since I know that site has a lot of TD fics. There's also non-English sites such as Spirit Fanfiction and more niche sites like adult-fanfiction.org with TD fics. This count includes Explict and crossover fics on FFN as well as archive-locked AO3 fanworks. I also use fanworks and fics interchangeably to describe AO3's counts throughout my findings, but the proper term is fanworks since AO3 allows more than just fic to be posted on there. https://preview.redd.it/zzgae08y9g4d1.png?width=605&format=png&auto=webp&s=a046915214982210a546280f451e2d169ac0c151 And here's all the sites listed into separate bars on the graph. https://preview.redd.it/x5xj5f8x9g4d1.png?width=605&format=png&auto=webp&s=c676e9dec50cfdc7b186739c0390a04dbf2a7cec Here's the same table, but the highest entry is 1000. https://preview.redd.it/jtzfgya0bg4d1.png?width=605&format=png&auto=webp&s=bfe19bc145d528e9dab8611c16e371c7cb1855fc Here's what the graph looks like when converted to percentage per platform per year. https://preview.redd.it/r3a8fvn2ag4d1.png?width=605&format=png&auto=webp&s=52a3d14596cae2a3360a5dc6f1760c5110d0a776 Findings sorted by yeas:
Also, if you happen to have a large collection of Wattpad fics downloaded to Calibre through FanFicFare lying around, please inform me! That way the dataset can increase and more accurate Wattpad data can be analyzed. Exact numbers: FFN AO3 Wattpad 2007: 0006 0000 0000 2008: 0495 0001 0000 2009: 1428 0001 0000 2010: 2051 0004 0000 2011: 1603 0003 0000 2012: 1276 0006 0011 2013: 1515 0042 0029 2014: 1492 0074 0140 2015: 1161 0091 0134 2016: 0715 0075 0093 2017: 0602 0114 0099 2018: 0592 0136 0119 2019: 0454 0141 0173 2020: 0689 0320 0238 2021: 0614 0637 0241 2022: 0545 0812 0170 2023: 0674 2973 0690 2024: 0410 2249 0363 (to see these numbers better formatted, please ask and I'll see what I can do.) |