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Tesla Troubles
After two days of trading turmoil for Tesla, catalyzed by reports of an NTSB investigation into the company involving a fatal Model X accident, more details have emerged that are anything but reassuring for the company. An ABC News report that got very little media visibility, reported that the Apple engineer who died from crashing his Model X had previously complained about Tesla’s autopilot feature.
The report goes on to say:
Walter Huang’s family tells Dan Noyes he took his Tesla to the dealer, complaining that — on multiple occasions — the auto-pilot veered toward that same barrier — the one his Model X hit on Friday when he died.
deer79
You’re most welcome. Otto Rock has had a hard on for Asanko for a couple of years, doubting their models and their mineable ounces.
It’s important to do DD but LUCK sure does come into play!
Richard640
And just this morning Barclays settles a long standing fraud case against them by paying a $2 billion fine. No one goes to jail and it’s business as usual. Maybe we should all move to Iceland?
3-28–7PM–from my good buddy at Ponzi World
For those gamblers waiting for the big “retest” vis-a-vis the February low, they will be surprised to learn it has already taken place and failed…
For example, the second largest S&P sector. Notice this doesn’t say the worst month since February 2018:
Also already below the February low on a closing basis:
Materials, Autos, Retail, Homebuilders, Healthcare, Construction, Oil Services, Consumer Staples
Which leaves…
Crude oil:
As we see, the world’s largest energy stock is well below the February low…
ipso
Thank you very much for posting the additional info. On the GFI-AKG deal.
I have been guilty of not vetting management of mining companies before I buy shares. This is an egregious example of how poorly managed some of these companies truly are.
Don’t take any wooden nickels! :-)
Venezuela Tries To Pay Russian Debt With Cryptocurrency
If crisis-hit Venezuela was hoping to pay off its US$3.15-billion debt to Russia with its new cryptocurrency, those hopes have been shattered as the Russian Finance Ministry announces that it won’t be accepting digital coin.
more https://www.zerohedge.com/news/2018-03-28/venezuela-tries-pay-russian-debt-cryptocurrency
Maddog
LOL Ole Zuck has stumbled lately. Cramer was talking this morning about how everyone seemed to love Zuckerberg until these mishaps, now it’s discovered that most people hate him.
Ipso facto
Re something wrong with account….it’s green
That’s what Zuck said about his pants….except they were brown !!!!!
FYI Smith & Ruger Up Almost 4% More Today
A Contrary Play against tide, against the so called “kids mob rule,” against the anti freedom anti gun PTB’s mass media, Hollywood idiots, against Soros against Bloomberg and all the woman and girly-men that hate guns and hate gun owners.
Something’s wrong with my account
It looks green. Weird
Portugeezer @ 6:23
Maybe I replied to an old email? Anyways you now have a shiny new password. 🙂
Infusion
Asanko Gold to Receive US$185 Million From Gold Fields for 50% Joint Venture Interest and US$17.6 Million for 9.9% Private Placement in Asanko Gold
VANCOUVER, British Columbia, March 29, 2018 (GLOBE NEWSWIRE) — Asanko Gold Inc. (“Asanko” or the “Company”) (TSX:AKG) (NYSE American:AKG) is pleased to announce that it has entered into certain definitive agreements under which Asanko will receive US$185 million for a 50% joint venture (“JV”) interest in its Asanko Gold Mine (“AGM”) from subsidiaries of Gold Fields Limited (“Gold Fields”) (JSE:GFI) (NYSE:GFI), one of the world’s largest gold producers and the second largest gold producer in Ghana.
Under the various transaction agreements (“Transactions”), Asanko and Gold Fields will, among other things, form an incorporated 50:50 corporate JV which will own Asanko’s 90% interest in the Asanko Gold Mine (the “AGM”) and all associated properties in Ghana. The Government of Ghana will continue to hold a free-carried 10% interest. In addition to the JV interest, Gold Fields will purchase a 9.9% shareholding interest in Asanko for approximately US$17.6 million to purchase 22,354,657 shares at approximately US$0.79, equal to the 5-day VWAP as of market close on March 27, 2018. Asanko will host an investor conference call at 9am ET today, details below.
Morning Buygold
reckon it’s all down to the SM today….can they hold it and even better ram it back up…..as u say all the rest are well under control here.
Morning Maddog
Yep same old. USD slipping back a little, 10 yr. rates drifting lower – no help for pm’s. Good for SM though.
Too bad, thought we were gaining a little momentum last week – all momentum must be crushed
All looking good so far for month end in the Rig
SM bid up, Dollar unch/bid, PM’s under cosh and rates have slipped back to sub recent lows.
SM up nicely o/n, dollar and PM’s unch, so well under control
Now we wait for the SM ramp job…may have to let some more selling come in, as the closes last night were not good.
Could see new lows, then scum will try to ramp it to paint reversals.
As for PM’s who knows, as nothing is real, even the CoT’s are fake.
Silver Train
The Santa Fe ‘Texas Chief’ with a 5-chime air horn on top
…sounding like a passenger streamliner should!
http://railpictures.net/photo/651239/
http://www.railpictures.net/photo/651241/
commish, anyone, have a photo of Trump arms crossed sneering at Theresa May after he found out she was outsourced to spy on him?
I searched, no luck. TIA
ipso, {you’re the one} in middle of that record label?
Oh touche there squire, we have to give BG something to chirp about…