Wokeism Makes Inroads in Mining
Premier Gold
Those who offer employment opportunities based on someone’s color, sex, or sexual orientation degrade and belittle them. And, do those who ask for affirmative policy have any honor?
Virtue-signaling and wokeism are rapidly becoming a part of the West’s private sector. This will destroy the institutions and covert the West into the Third World, into idiocracy.
Here are my views on why I look down on companies that follow “diversity” in hiring policy:
On Investments
- Premier Gold (PG; C$2.82) is being acquired. The merger should close early next month. There is an 8% arbitrage upside in owning PG. While this upside might not look much at first glance, on an annualized basis, assuming the deal closes on 10th April, the upside is 1,200%.
- Gold Mountain (GMTN; C$1.20): I wrote about it a couple of weeks back. I would look for weakness in GMTN to accumulate more, but linked here is a talk I recently had with Cory Fleck.
- Austar Gold (AUL; A$0.335) is being acquired. There is a 30% arbitrage upside. Apart from a couple of good projects, the merged entity will have Dr. Quinton Hennigh as an advisor.
- Maritime Resources (MAE; C$0.14) is yet to close its financing. It offers very low risk for high reward. Thirty-two million warrants with an exercise price of C$0.15 expire on 17th April—so there is no need to chase it.
Jayant Bhandari
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