Friday, December 9, 2011

BUSINESS AS USUAL

"Corporate insiders have material non-public information about their companies. Although trading on such information is prohibited and insiders usually obey the rules, the information may still affect their buy or sell decisions. For example, if insiders know their company is about to release bad news, they will postpone their purchases, avoiding big losses. Academic studies have shown that insider purchases have been able to beat the market on the average.



Below we compiled a list of Dow stocks with insider purchases over the past three months."
http://seekingalpha.com/article/312764-insiders-are-bullish-about-these-dow-stocks

NEW YORK (Reuters) - Walnut Place, a group of undisclosed investors who oppose Bank of America Corp's (BAC.N: Quote) $8.5 billion mortgage bond settlement, is the Baupost Group, a distressed debt fund, according to an attorney for the bank.
http://ca.reuters.com/article/businessNews/idCATRE7B805920111209

http://www.zerohedge.com/news/was-seth-klarman-just-exposed-bank-americas-biggest-short-and-covert-mbia-long

Thursday, December 8, 2011

DUFFERIN COUNTY WARDEN

Walter Kolodziechuk (Amaranth) won the Wardenship of the County of Dufferin tonight over Warren Maycock (cough: (weighted vote) Orangeville)

How did this happen? 

Well the weighted vote system only works when they want to sell the rail bed.

When it comes to voting in the Warden, it is a secret ballot and one vote per member.

FAIL TO PLAN....PLAN TO FAIL

You may have read in some of the interviews given that Highland Companies has neglected to plan for a worst case scenario with respect to the "water management plan".
What is their plan?
To pump, in perpetuity, 600 million litres of water a day...
They haven't made any contigency plans for any type of disruption.
Here is a link that shows what happens when things go a bit sideways.
http://www.dailymail.co.uk/home/index.html link is dead, but here are the pictures-wind storm in UK a week ago caused this:




Opps.

Wednesday, December 7, 2011

TRY AND GET THIS OUT OF YOUR HEAD

Minebuster made the poor decision to listen to this earlier today and can NOT get it out of my (empty) head.

So, I have posted so you too can go to sleep tonight, listening to the refrain...

"If we let them do it
We'll all be sorry
Walk with me
Stop the Mega Quarry"
Hobo Wally

Two versions for your viewing pleasure:
Native Walk http://www.youtube.com/watch?v=3P2TsABVLOc
Foodstock http://www.youtube.com/watch?v=A1Do-z4E1qE

A XMAS CARD TO BOSTON

Remember Beantown?  Baupost?  Boston?

They have been sincerely wished a Merry Xmas.

http://bostonherald.com/business/general/view/2011_1207mine_strip

Be sure to read the comments at the end of the article-add your own!

Tuesday, December 6, 2011

DEEP SIX IT NOW

Warning-red flag, warning-red flag....

In an article in the Orangeville Banner about the Dufferin DEEP plant the following is pointed out:

When Dufferin’s municipalities first agreed to upload waste management onto the county’s shoulders more than a year ago, they were hoping to receive 12 cents per kWh and charge a $70 to $80 tipping fee per ton.

At this point, it appears Navitus is currently negotiating for 10 cents, but at eight cents, Taylor doesn’t think it will work “without re-jigging the whole thing.”
http://www.orangeville.com/news/local/article/1256956--dufferin-faces-a-deep-dilemma
Really? 

Wow, good insight.

The only thing that should happen with this DEEP plant is to
DEEP SIX it now, before it costs Dufferin tax payers money and health.

I mean after all, Eddie has a hard time holding on to physicians, where will the people go when they get sick from his pet project?

Sunday, December 4, 2011

WONDER IF THESE PEOPLE WOULD BUY WATER?

In my opinion, I am sure they would and I am sure they wouldn't care what was in it.
Mexico Drought

1.7 million cattle die in worst drought ever
http://www.businessinsider.com/mexico-worst-drought-on-record-2011-12

Saturday, December 3, 2011

LUNCH WITH THE ARMSTRONGS

"Now Melancthon’s farmers have become environmental activists in the fight of their lives to stop company’s plan to dig a 2316-acre mega-quarry that they fear will industrialize their community, poison their water and change their way of life forever. .."
http://ryersononline.wordpress.com/2011/11/28/melancthons-farmers-fear-for-their-water/

KEEPING WITH THE SPIRIT OF XMAS

Yesterday's surprise email (posted yesterday on this blog) has put Minebuster into the Xmas spirit.

I am running the Lowndes Xmas special again.

In keeping with the recent "retirement" of a main character in this poem, I will retire the poem as well.

So enjoy....one last time.

The Melancthon people liked farming a lot
But Lowndes, an outsider, really did not

Lowndes hated farming!
All the farming seasons!

Now, please don't ask why.
We ALL know the reasons.

Staring down from his office with a John Lowndsey sneer
"Surely the end of Melancthon is finally near!"

He thought all the hicks in Melancthon would bite
And were too busy farming to put up a fight

"They are busy planting and digging!" he snarled with a sneer.
"While my open pit mine, is practically here!"

Then he growled, with his Lowndsey fingers nervously drumming,
"I MUST find a way to keep the mine coming!"

And he thought and he thought...In his small Lowndsey brain...

And that old John Lowndes, thought he was ever so wise
thinking the local hicks would miss their coming demise


He believed the locals would think they were unable to win
And that they would move from their farms and take all their kin

But to his surprise they started to object
So Lowndes thought by golly I am not finished yet


Now the more Lowndes thought of his devilish plan
The more Lowndes did think: “I must own ALL the land!”

“Why I practically own all of Melancthon now!
To own all the rest would be my greatest cash cow!

Then he got an idea, a brilliant idea!
LOWNDES GOT A WONDERFUL, EVIL IDEA!


And he cackled with glee “What a great Lowndsey trick!
With my money and talent, I’ll bamboozle these hicks!

But to his stupendous surprise the hicks all fought back
With a grassroots organization that they called NDACT

“No!” Lowndes cried out, in a murderous rage
As tears of frustration ran down his smug face

His minion named Mikey had stood up for his boss
Working to keep residents from realizing their loss

But now Lowndes gave Mikey a clear ultimatum
"Decimate NDACT, or you’ll see what I’m made of!”

Lowndes sent wee Mikey out into the world
with clipboard and binder oh, did he toil!

He went to each meeting and sat with those hicks
Who would not fall for his lies or his devilish tricks

At the end of the day, little Mikey returned
With a book full of notes and facts that he’d learned

He informed master Lowndes of his final call:
“Have mercy, kind master, they’ve outsmarted us all!

We’re finished we’re done, we just can’t dig a mine!"
And all the locals and yokels thought that that was just fine.

Everyone finally knew that Lowndes was a fink
And 1 million Ontarians had water to drink

NDACT went back to their farms, children and wives
And continued to live their meaningful lives.

Friday, December 2, 2011

Wednesday, November 30, 2011

WHO'DA THUNK IT

Wow, our shy guy Seth is being mentioned in the gossip pages now.....
http://www.businessinsider.com/gossip-2011-11-29

December 1, 2011 Council Agenda

Nice exchange between Highlands and Council, starting on page 45 of the attached.  Will make me smile all day.

http://melancthontownship.ca/11council/agenda.dec1.pdf

Tuesday, November 29, 2011

MORE: TRUST US AND THEN PROVE IT WAS US

It would seem governments all over Canada are quite anxious to sell out their ratepayers and then look the other way. 

Look at this heartbreaking situation in Eastern Canada.

The Story of Water and Penobsquis
Excerpt from website:

Now certainly the story of Penobsquis is not only about water.

The story of Penobsquis is a cautionary tale for the rest of the province though, and it would serve other citizens of the province well if they became more aware of Penobsquis circumstances so it does not happen to them.
In 2004, Potash Corporation of Saskatchewan (PCS) undertook a round of seismic testing that included an area over top of their mining operation in Penobsquis.
This area was part of the seismic testing which included the detonation of dynamite charges. There were reports of homes shaking from the blasts, and homeowners finding muddy water the next time they turned on their taps.

Residents quickly linked their lost wells and springs, and the increase in water inflow that the mine was having at the time. Officials in the Provincial Department of Environment and Local Government also believed the mine was responsible for the dry wells and springs.
While most attributed the problems to the mine, it was acknowledged that it would need to be ‘proven’.


When we lost water:

We drilled new wells
Deepened existing ones
Bathed in the brook
Hauled water from the brook for laundry
Hauled water for livestock
Hauled water for drinking and other household use
We lost expensive pumps
Had to replace taps and some appliances/washing machines due to the gritty/dirty water some of us initially experienced

While water was being delivered:
We had water tanks and a pump in our basements
We had bottled water delivered by the mine
We had to leave our homes unlocked
We had basements flooded – trucking company compensated us
We had to heat outside sheds with water tanks
We had basement windows broken
2-3 times a week mud was tracked through our homes
Some experienced rashes from the water
There was debris floating in the water
The water hoses leaked significantly. The hoses were rolled up over lawns neighbors dogs used for their bathroom. Sometimes Dog feces incrusted hoses with holes were used to provide water to the next house.
The public health inspector came, gave the truck drivers instructions to keep our water safe…but the instructions were not followed.
Full heartbreaking story here:
http://www.penobsquis.ca/

And anyone who is still supportive of of the Melancthon Mega Mine, the gasification DEEP plant and the Southgate shit facility, thinking your government is going to look after you and make sure nothing goes wrong...give your head a shake.

Monday, November 28, 2011

BAUPOST DIVERSIFYING

This just in from the Financial Post (source still being confirmed): Baupost is diversifying into the pharmacutical/medical supply sector.

Cement is in BIG demand.  You could say it is the new botox.

Nov, 21 2011

(Florida) -- Oneal Ron Morris, 30, a woman who posed as a doctor, was arrested on Friday for filling her patients’ buttocks with cement, mineral oil and flat-tyre sealant.

Oneal was born a man and identifies as a woman. She also performed the surgery on herself. She had been on the run for almost a year.

Oneal has been charged with practising medicine without a licence and causing serious bodily injury. She was released from jail on bond.

According to investigators, Oneal had injected some type of tube in several sites around the bottom of one of her victims, filling it with a toxic concoction.

The victim later went to two hospitals with severe abdominal pain and infected sores on her buttocks accompanied by flu-like symptoms.

Her mother eventually took her to another hospital, where doctors who pressed the victim for information alerted the Department of Health.

Investigators say Oneal may have victimised several others, who may be too embarrassed to report the crime.
By: Rashmi Kalia (ARI-C NEWS)
http://www.aggregateresearch.com/articles/23827/Fake-doctor-injects-Cement-for-a-more-curvaceous-bottom.aspx


HONEST TO GOD, TRUE STORY

CHAPTER AND VERSE

Chapter 11 of NAFTA that is:
"Under the most notorious section of NAFTA, Chapter 11, foreign companies can sue the federal government for “assumed profits.”

Full article: http://www.aggregateresearch.com/articles/1381/Critics-worry-NAFTA-could-help-push-quarry-through.aspx

TRUST US

From Trust Us to Prove it was Us is a small step.

The Collingwood ethanol plant was open less than a few months and, soon after the plant began operation neighbors began complaining of noise and foul odors.

The company denied it was the source of either.

The plant was temporarily shut down one day after an explosion and fire and then shut down again for odour and finally they were fined by the MOE.

This was AFTER the town, who courted them in the first place, espousing proven green technology and that mantra, jobs, jobs, jobs spent thousands and thousands and thousands of taxpayer dollars to deal with the situation, including hiring a PR specialist. All to PROVE the plant was the source of the problem.

Click here for articles:
http://www.hazmatmag.com/news/the-big-stink-over-collingwood-ethanol/1000224257/
http://www.midlandfreepress.com/ArticleDisplay.aspx?e=1678247&archive=true
http://www.thebarrieexaminer.com/ArticleDisplay.aspx?e=1621497&archive=true

Remember Orica, the dynamite factory in Grand Valley who assured everyone at the OMB and township that all was well, and just trust them?

Well within a few months of winning at the OMB to expand their operations and make them permanent, they had a truck loaded with dynamite crash and now, in an emergency drill, found out the siren/alarm to warn people to run like hell isn’t really very loud. OMG.

And the Orica official said "poor weather conditions during the drill meant the sirens were not successful in warning all residents near the mock fire. "

Poor weather conditions?
In Dufferin? Get outta town.

And the Fire Chief won’t even commit to saying that people are safe: “It’s a hazardous place, I wouldn’t want to go out and say everything is fine and we could evacuate in a timely manner,” Macintosh said.

Click here for articles:
http://www.orangeville.com/news/local/article/800289--orica-driver-charged-following-grand-valley-collision
http://www.orangeville.com/news/local/article/1250050--alarm-fails-to-warn-explosives-facility-neighbours

Then there is this little gem in Guelph. Guelph’s new eastside organics composting plant is the cause of odours, says the provincial Ministry of the Environment.

The facility has been open less than three months and City officials offered assurances last year that the new facility would be odour-free.  There’s been the odd odour complaint, which has not been substantiated said the Contract and Risk Manager of the facility.

http://www.guelphmercury.com/news/local/article/630578--city-told-to-address-organics-plant-smells

And then of course Highlands various spoke individuals/people whatever you call them, are saying trust us and reassuring us they would do NOTHING to impact/compromise/ etc. etc. the water, they aren't allowed to do anything to compromise the water, blah, blah, blah...

Except at a meeting in Melancthon a couple of years ago, one of those rare times when the planning consultant was actually in attendance, someone asked if they did a test on their well now, showing quantity and quality of water they would be able to show Highlands was the one who impacted the water if they ever started digging and blasting should wells be affected. 

No said Jordan with a reassuring grandfatherly chuckle.  He stated that people would have to go to court to prove that Highlands was the cause and it would be very costly.

FFS.

And a bit of unsolicited advice for our Council to the north, who are touting a remarkable odour free system for treating shit, composite and contaminated soil-if someone offers you some magic beans as your cure to economic development, you or rather your ratepayers are going to get screwed. 

Reread this blog, again and again and again.

Sunday, November 27, 2011

TWITISMS

For those of you who don't follow Twitter (cause who has the freaking time to follow Facebook, twitter, email, and of course this informative and wonderful blog?? :), here are some of my favourite Tweets.

First you need the cast of characters:

Teamheadwaters (good guys)
Nomegaquarry (good guys)
Teamhighland (NOT the good guys)
Minebuster (really really good & modest & humble wizguy |:)

And here are the Tweets:
TeamHeadwaters; The problem is Highland hasn't been straight from the start. Its stories keep changing as opposition to the #megaquarry grows. Nov 19

TeamHeadwaters; Highland says:The plan is to return the water to the ground. But in 2006, it said its "plan" was to grow taters. Nov 19

nomegaquarry STOP THE QUARRY; we agree. Impossible to know what's truth and what's spin. Hope to start getting straight answers about the #megaquarry Nov 19

TeamHighland: Fact: Quarries are among the cleanest industrial users of water. Oct 14
vs.
TeamHighland: "Quarries are water handlers not water users." Moreen Miller  Oct 27

Well, which is it-user or handler???

TeamHighland; 171 million tonnes of aggregate are consumed in Ontario annually Oct 27
vs.
Highland Companies: April 2011 slideshow presented at Hornings Mills, Ontario: 186 million tonnes consumed each year in Ontario.

Well, which is it 171 or 186?  And BTW, who in the hell consumes aggregrete?  I consume food and water, aggregate?  Not sure..

TeamHighland; The EA announcement caused us to crap our pants,  but we invite consultation and scrutiny and intend to move ahead: Ontario needs aggregate because Baupost/Klarman want MORE money Sept 16  OPPS, recall, recall what we meant to tweet is:   TeamHighland; The EA announcement caused us to pause; but we invite consultation and scrutiny and intend to move ahead: Ontario needs aggregate Sept 16 

Saturday, November 26, 2011

TEN BIGGEST AMERICAN CITIES WHO ARE RUNNING OUT OF WATER

Granted, when you read the article it talks about these cities as having been low on water before and the changes are likely they will face shortages in the future, so the headline is misleading (Minebuster has never claimed to be unbiased or misleading when making a point!!):
Click here for article: http://finance.yahoo.com/real-estate/article/111186/the-ten-biggest-american-cities-that-are-running-out-of-water

Which begs me to ask the question.  If it isn't unafforable to run an oil pipeline from Canada to Texas, it would seem to be a drop in the bucket (bad pun I know) to run a pipeline from Canada for water.

I wonder if there is any rich rich corporation who has about 600 million litres of water a day which they need to manage? 
I wonder if they would manage to make it disappear on a pipeline out of the country?

Nah, our government is on guard for us to protect our natural resources, right?

Friday, November 25, 2011

MORE FOODSTOCK PICS

A good food blog and more great pics of Foodstock.
http://seasonalontariofood.blogspot.com/2011/10/foodstock_17.html

Thursday, November 24, 2011

FIRST SESSION OF THE NEW GOVERNMENT

THEY COME OUT SWINGING!!

AGGREGATE EXTRACTION
The Speaker (Hon. Dave Levac): The member from Dufferin–Caledon.
Ms. Sylvia Jones: Thank you, Speaker, and congratulations on your election.
My petition is to the Legislative Assembly of Ontario.
“Whereas we, the undersigned, are residents of Dufferin county and other adjacent counties and municipalities in Ontario;

Click here for further details: http://www.ontla.on.ca/web/house-proceedings/house_detail.do?locale=en&Date=2011-11-23&detailPage=%2Fhouse-proceedings%2Ftranscripts%2Ffiles_html%2F23-NOV-2011_L003.htm&Parl=40&Sess=1

AND
AGGREGATE EXTRACTION
Mr. Kevin Daniel Flynn: Speaker, my sincere congratulations on your election as well.
I have a question for the Minister of the Environment. A company named Highland Companies has acquired about 3,000 hectares of land in the Melancthon and Mulmur townships in Dufferin county, and it’s for the purpose of building a very large limestone quarry. The project would be one of the largest in North America.Click here for further details: http://www.ontla.on.ca/web/house-proceedings/house_detail.do?locale=en&Date=2011-11-23&detailPage=%2Fhouse-proceedings%2Ftranscripts%2Ffiles_html%2F23-NOV-2011_L003.htm&Parl=40&Sess=1#P392_112817

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