Friday, September 30, 2016

Goldcorp Inc. - G.t

Goldcorp Inc. - G.t is the world's lowest-cost, million-ounce gold producer. Operating assets include five mines in Canada and the U.S., three mines in Mexico, and two in Central and South America

Red Lake is Goldcorp’s top producer, yielding high grade gold at very low cash costs. The company produced 3.46 million ounces at AISC of $852 per ounce in 2015.

On September 7, 2016 the company released News

"GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to declare its quarterly dividend for the three month period ended September 30, 2016 of $0.02 per share. Shareholders of record as of the close of business on Thursday, September 15, 2016 will be entitled to receive payment on Friday, September 23, 2016.

Pursuant to tax legislation enacted in 2007, Canadian resident individuals who receive "eligible dividends" in 2006 and subsequent years will be entitled to an enhanced gross-up and dividend tax credit on such dividends. All dividends paid in 2006 and subsequent years by Goldcorp Inc. are "eligible dividends" for this purpose.

Thursday, September 29, 2016

Expensive Motorcycles Sold at Auction

"Captain America" Harley-Davidson Panhead from "Easy Rider".
The red, white and blue stars-and-stripes panhead chopper was designed and built by Cliff Vaughs and Ben Hardy, based on design suggestions from Fonda.

It sold on October 18, 2015 for $1.35 million.
1910 Winchester 6 HP. US$580,000 August, 2013. Auburn, U.S.

1915 Cyclone Board Track Racer. US$551,200. July, 2008
Pebble Beach, U.S.
1939 BMW RS255 Kompressor. US$480,000. January 2013
Las Vegas, U.S.

1922 Brough Superior SS80. US$463,847 (sold for £291,200)
October, 2012. Duxford, England
1926 Brough Superior SS100 Alpine Grand Sports.
US$452,234 (sold for £280,800) October, 2012.
Battersea, U.K.

1939 Brough Superior SS100. US$425,943 (sold for £253,500)
April, 2014, Stafford, U.K.

1958 Ariel 650 Cyclone. US$450,000. October, 2014
Phoenix, Arizona, U.S.

The bike is the limited edition 1958 Ariel Cyclone 650 which 1950s musical sensation Buddy Holly bought from Ray Miller's Triumph and Ariel dealership in Dallas, Texas on May 13, 1958. The Crickets had just played a gig in Dallas and the three young and newly successful musicians (Holly, Joe Maudlin, and Jerry Allison) decided on a whim to cancel their flights and buy motorcycles for the 350 mile trip home.

Bass player Joe Maudlin bought a Triumph Thunderbird, drummer Jerry Allison chose a Triumph Trophy and Holly bought the limited-edition black and red Ariel Cyclone 650cc – one of only 174 built.

1940 Crocker "Big Tank" twin. US$302,000 August, 2012
One of the rarest of all American motorcycles, roughly one hundred Crocker V-twins were produced between 1936 and 1942 when the war effort saw the company turn its attention to making aircraft parts.
1937 Crocker "Small Tank" twin. US$302,000 August, 2012

Hudbay Minerals- HBM.t

Hudbay Minerals- HBM.t is a Canadian integrated mining company with operations, development properties and exploration activities across the Americas. The company has operations in Manitoba and Peru.

On July 27, 2016 the company released News

"HudBay Minerals Inc. ("Hudbay" or the "company") (TSX: HBM) (NYSE: HBM) today released its second quarter 2016 financial results. All amounts are in US dollars, unless otherwise noted.

• Increased production in both Peru and Manitoba across all metals compared to the second quarter of 2015
• Cost efficiencies and economies of scale resulted in consolidated cash cost, net of by-product credits, of $0.83 per pound and all-in sustaining cash cost, net of by-product credits, of $1.42 per pound
• Operating cash flow before changes in non-cash working capital increased to $75.1 million, or $0.32 per share, from $17.0 million, or $0.07 per share, in the second quarter of 2015
• Total liquidity increased to $293.5 million compared to $190.1 million at the end of the first quarter of 2016, including new commitments of $30.0 million under Hudbay's revolving credit facilities

In the second quarter of 2016, cash generated from operating activities increased to $137.5 million from $10.4 million in the second quarter of 2015.