Welcome To The Golden Band Resources HUB On AGORACOM
Saskatchewan's SECRET Gold Mining Development.
Saskatchewan Construction Association
Spike in September, 2015 non-residential construction permits, outside of major centres. ~$400m.
The Amalgamation Squeeze Out
"An amalgamation squeeze-out, as the name implies, refers to a transaction where a private company is incorporated, the shareholders of which are the controlling shareholders of the company being taken private. The two corporations are amalgamated and the equity shares in the amalgamated company are held only by the original controlling shareholders. The original minority shareholders may be cashed-out or they may receive non-voting redeemable preference shares in the amalgamated company."
Revenue - Based Financing
The cost of revenue is revealed in taxes paid on drilling. GBN.V is involved in Revenue -Based Financing.
Mining Taxation In Canada
The provincial government in Saskatchewn provides a taxation holiday for new mines for a period of ten years, since 2007. Commercial production was declared April 1st, 2011, a month prior the end of fiscal 2011. (April Fool's Day)
Balance Sheet Lunacy
Both the balance sheets of The Royal Canadian Mint and GBN.V are similarily opaque. GBN.V and the Mint are counterpaties.
Northern Miner -Star Lake
Another backgrounder discussing grades in the vicinity of Star Lake and in the Jolu Mine. Certainly a very big difference between reported grades from the company in drill programmes and sporadic production. And in this article Partridge is mentioned as the discoverer, but he discovered Fork Lake, not Star Lake. Fork Lake and Star Lake are synonymous in the media.
Island Falls - Key Lake Transmission Line
The Island Falls - Key Lake transmission line had been upgraded to 230kv and was in operation by March 2015. The transmission line runs through the La Ronge Gold Belt property of Golden Band Resources, who uses the transmission line. Note the Province does not let on that this is primarily to service the mining sector, and that GBN.V's property does not appear on the map provided. Global News http://bit.ly/1Hx6aLI
Swaps Article
The Swap agreement, such as in a 'Total Return Swap', allows the company to exchange doré for cash OTC without declaring earnings. This is a 'payment-in-kind' type of arrangement Only partial reporting of grades is required under this scheme as a 'half-truth'. Thus you see 'half truths' predominant on the balance sheet, which has serious discrepancies, such as no visible source of money. This is the ONLY source of money for this company.
Report On Business
The following article is an object lesson in the scorched earth policy applied to GBN.V shares. The background of the story is during a 20-year bear market in gold prices, which went unacknowledged at the time. This article fills in the spaces from an historical perspective.
Satellite Map Locations Around The Laronge Gold Belt
These are the locations via satellite photo of the major deposits of the La Ronge Gold Project. The company drops an excessive amount of chaff attempting to evade any notice, but these are the principal deposits meant for development, and where most of the capital has been poured into. The capital source is doré bars swapped for cash, which pays for everything. This IS a producing gold mining project *four* mills.