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Noront HUB -Ring of Fire revenue sharing discussions underway

Posted by AGORACOM - Admin at 7:55 AM on Tuesday, June 26th, 2012

Rick Garrick — Wawatay News http://www.wawataynews.ca/archive/all/2012/6/25/ring-fire-revenue-sharing-discussions-underway_23022

Revenue sharing models are under discussion for the Ring of Fire and NAN territory.

“There are various revenue sharing models that are being examined, in fact as we talk there are discussions taking place between Ontario and First Nation organizations and individual First Nations on revenue resource sharing models,” said Nishnawbe Aski Nation Deputy Grand Chief Les Louttit during his keynote address at the 2nd Annual Ontario Mining Forum, held June 19 at the Valhalla Inn in Thunder Bay.

Louttit cited profit-sharing and giving First Nations a stake in ownership of the companies as examples of what First Nations might be looking for.

“In the very near future we will be making a proposal to the government to consider, particularly in terms of the Ring of Fire,” Louttit said. “Those options may include equity interests in mining companies — that’s been done before. But what has not been successfully done to a large degree is profit sharing.”

Louttit said everybody has to benefit from resource development, not just governments and industry.

“That can happen if everybody has the will to do that,” Louttit said. “This concept has been introduced and it has received some favourable response, but we are going to be continuing discussions with the province to see how this mechanism can benefit developments in the Nishnawbe Aski territories.”

Louttit said community infrastructure must be included as part of any agreements between NAN communities and resource development companies.

“First Nations are going to be relying more and more on other sources of funding to enable community infrastructure to happen,” Louttit said. “We’re not suggesting a new arena for every community, but the communities themselves would identify their own needs in order to accommodate their growth, the population growth, especially the youth cohort.”

Louttit brought up the example of Attawapiskat, which declared an emergency last winter due to inadequate accommodations for community members as families, Elders and babies were living in tents with no water, no sewage and no electricity.

“As you all know in the past year there has been a lot of publicity on how this community still suffers from a lack of infrastructure, a lack of housing even though a few hundred kilometres to the west is a wealth of diamonds on their traditional territory,” Louttit said, noting the De Beers Canada Victor Mine.

Louttit also brought up the issue of environmental impacts from mineral resource development.

“There will be significant environmental and ecological impacts from the chromite mine itself,” Louttit said about the proposed Cliffs mine in the Ring of Fire area. “We are going to need, as First Nations, an environmental regime that provides the highest levels of mitigation and prevention of major catastrophes, such as oil spills or whatever, that can threaten the surrounding communities’ ability to sustain themselves in the future from their traditional territories.”

Louttit said requests by the Matawa communities for a Joint Review Panel environmental assessment review process of the two proposed mines has not happened.

“In fact, the (federal) government is trying to fast-track legislation to limit the time in which environmental assessments and processes will be dealt with,” Louttit said. “So that is another challenge facing First Nations on future projects.”

Louttit said the consultation and accommodation process requires benefits to First Nation communities from any developments in their territory.

“Without that, industry would be just walking in and extracting as has been the case in the past,” Louttit said. “And just because a community decides to enter into negotiations does not imply that it provides consent to the project as a whole.”

Louttit said all the communities within NAN should receive benefits from any projects within NAN territory, not just the communities directly impacted.

“How we do that is going to be a major challenge, but it is imminent and it has to happen,” Louttit said. “We don’t want to see continued poverty among some First Nations while others reap the benefits. There is nothing wrong with reaping the benefits of development, but the principle of sharing has to take place.”

Louttit said the principle of sharing lands and resources is a key element that led to the signing of Treaty 9 and Treaty 5.

Fancamp HUB – We Will Leapfrog Our Competitors

Posted by AGORACOM - Admin at 8:29 AM on Monday, June 25th, 2012

To reiterate, I plan to mail and to email each and every Fancamp and Champion Board of Directors’ Member. I will draft a strong message, which will not be watered down by its staying true to our consensus.

Before mailing the letter, I will post it on the Message Hub for comment and suggestions.

I appreciate the support I’ve been receiving. But I will not proceed to take advantage of that support before you have the opportunity to know, with specificity, the course of action you’re approving.

Next, I will talk to each and every Fancamp and Champion Board of Directors’ Member.
I will stay true to the letter I mailed (after revising it to reflect the sentiment of the Message Hub).

If I have trouble getting through to any Director, there should be consequences.
That in of itself is an important communications issue, which I will take up with the Message Hub.

Step-by-step, I’m firm in my resolve.

It seems we should have a name. That’s the only thing I haven’t nailed down in my planning.
I’m open for suggestions. Or, do any of the following strike your fancy?

The Fancamp Advisory Assembly
The Fancamp Forum for Renewal
The Fancamp Council of Investors
The Fancamp Advisory Convention of Investors

On the subject of lists, you find one by clicking on the “Investors” Tab:
That is, the “Investors” Tab of Champion’s website.

Analyst Coverage

Canaccord Genuity Gary Lampard 416-867-6020
Fraser Mackenzie Wojtek Nowak 416-682-4204
Haywood Securities Geordie Mark 604-697-6112
Jennings Capital Peter Campbell 416-304-3963
Macquarie Capital Markets Daniel Greenspan 416-848-3541
Paradigm Capital David Davidson 416-360-3642
RBC Capital Markets Robin Kozar 416-842-7861
Salman Partners Ike Kaja 416-360-5890
Stifel Nicolaus Michael Scoon 416-815-3121
TD Securities Craig Miller 416-982-2753
Raymond James Adam Low 416-777-4943
Desjardins Capital Markets Jackie Przybylowski 416-607-3092

Champion did something to get these analysts involved. It didn’t happen by neglect. Someone cared enough to make it happen. It will be interesting to find out which of our Board Directors think we should continue to wait (and for how much longer we should continue to wait) before someone lifts a finger.

We have our work cut out for us. But, if we get our way (in the initiative we’re undertaking), we’ll not only have a respectable presence in the Investor Advisory Community. We’ll be miles ahead of Champion and everybody else.

In our business, analysts take many shapes and forms. They’re part of the “Book of Business.” As the number of influential people in our Book of Business grows to 200 and more, so will the public recognition of the intrinsic value of FNC. Remember: Each one cent increase in our SP = a $1.09 million increase in our market capitalization. The days of ignoring this subject will end.

New HUB Launched!! Tommer has launched the Redhill Resources Corp HUB

Posted by AGORACOM - Admin at 8:25 AM on Monday, June 25th, 2012

It gives me great pleasure to say that AGORACOM “Investor Controlled HUBS” for small-cap investors continues to prove itself as the preferred model amongst investors.

Tommer has launched the Redhill Resources Corp HUB

Small Cap investors continue to grow tired of unmonitored, wild-west discussion forums full of unrelenting spam, profanity, stock bashing, stock hyping and all the rest of the noise.  They want an alternative that drives quality via intelligent discussion and contributions.  They demand a say in the process.

As a result, AGORACOM has become the home of the best, brightest and nicest small-cap investors on the web.  Again, more than just lip service, our happy community and traffic numbers prove that we’ve created something wonderful together.

Kind Regards,

The AGORACOM Team

AGORACOM Welcomes 3 New HUBS this week – Check Them Out!

Posted by AGORACOM - Admin at 8:32 AM on Friday, June 22nd, 2012

It gives me great pleasure to say that AGORACOM “Investor Controlled HUBS” for small-cap investors continues to prove itself as the preferred model amongst investors.

Yukon Gold has launched the Victory Ventures HUB

slaveonfools has launched the Andover mining CorpHUB

Yukon Gold has launched the Sierra Iron Ore HUB

Small Cap investors continue to grow tired of unmonitored, wild-west discussion forums full of unrelenting spam, profanity, stock bashing, stock hyping and all the rest of the noise. They want an alternative that drives quality via intelligent discussion and contributions. They demand a say in the process.

As a result, AGORACOM has become the home of the best, brightest and nicest small-cap investors on the web. Again, more than just lip service, our happy community and traffic numbers prove that we’ve created something wonderful together.

Kind Regards,

The AGORACOM Team

New HUB Launched!! Yukon Gold has launched the Sierra Iron Ore HUB

Posted by AGORACOM - Admin at 11:06 AM on Thursday, June 21st, 2012

It gives me great pleasure to say that AGORACOM “Investor Controlled HUBS” for small-cap investors continues to prove itself as the preferred model amongst investors.

Yukon Gold has launched the Sierra Iron Ore HUB

Small Cap investors continue to grow tired of unmonitored, wild-west discussion forums full of unrelenting spam, profanity, stock bashing, stock hyping and all the rest of the noise.  They want an alternative that drives quality via intelligent discussion and contributions.  They demand a say in the process.

As a result, AGORACOM has become the home of the best, brightest and nicest small-cap investors on the web.  Again, more than just lip service, our happy community and traffic numbers prove that we’ve created something wonderful together.

Kind Regards,

The AGORACOM Team

Golden Hope Mines HUB – Seriously????

Posted by AGORACOM - Admin at 2:03 PM on Wednesday, June 20th, 2012

Everyones upset about the results…….

400K is pretty good considering the amount of holes and how much unexplored property e have.

Did everyone forget the monster assay that came out a while back? its a one in a billion chance to drill a hole and get that result without other large segments of gold being around.

Upset about the price? stop selling into the bid.don’t sell and drive the price up for those that want in.

Too much panic around here. I have a couple years to retirrement and enough time to see the value come out of this deposit.

Relax folks, its summer and I am off to PEI for a well deserved vacation sitting on the shore of the island.

Take Care

Storm

Noront HUB – Re: My brokerage called yesterday, wanting me to sell… HAH!

Posted by AGORACOM - Admin at 2:02 PM on Wednesday, June 20th, 2012

My brokerage Davidson Partners ,called me back in 1985 ,and highly recomended I get rid of my 2000 shares of Barrick -Culiton Gold Mines .As they had too many shares and were heading for Bankruptcy,so I let them sell them for me at .46 cents.As everyone knows this company never looked back,it went to 45 bucks and has split several times . I can only guess what they would be worth today after all those years of high dividends .I still have the certificates .

With the right management making the right decisions I can see Noront going in a simular direction.

BJ

New HUB Launched!! slaveonfools has launched the Andover mining CorpHUB

Posted by AGORACOM - Admin at 11:12 AM on Wednesday, June 20th, 2012

It gives me great pleasure to say that AGORACOM “Investor Controlled HUBS” for small-cap investors continues to prove itself as the preferred model amongst investors.

slaveonfools has launched the Andover mining CorpHUB

Small Cap investors continue to grow tired of unmonitored, wild-west discussion forums full of unrelenting spam, profanity, stock bashing, stock hyping and all the rest of the noise.  They want an alternative that drives quality via intelligent discussion and contributions.  They demand a say in the process.

As a result, AGORACOM has become the home of the best, brightest and nicest small-cap investors on the web.  Again, more than just lip service, our happy community and traffic numbers prove that we’ve created something wonderful together.

Kind Regards,

The AGORACOM Team

New HUB Launched!! Yukon Gold has launched the Victory Ventures HUB

Posted by AGORACOM - Admin at 2:36 PM on Tuesday, June 19th, 2012

It gives me great pleasure to say that AGORACOM “Investor Controlled HUBS” for small-cap investors continues to prove itself as the preferred model amongst investors.

Yukon Gold has launched the Victory Ventures HUB

Small Cap investors continue to grow tired of unmonitored, wild-west discussion forums full of unrelenting spam, profanity, stock bashing, stock hyping and all the rest of the noise.  They want an alternative that drives quality via intelligent discussion and contributions.  They demand a say in the process.

As a result, AGORACOM has become the home of the best, brightest and nicest small-cap investors on the web.  Again, more than just lip service, our happy community and traffic numbers prove that we’ve created something wonderful together.

Kind Regards,

The AGORACOM Team

Copper Fox HUB – Current and proposed Mining BC

Posted by AGORACOM - Admin at 10:53 AM on Monday, June 18th, 2012

http://riverswithoutborders.org/wp-content/uploads/2011/11/Map-Current-Prop-Dev.jpg

Click on map to enlarge.