Tuesday, June 27, 2017

Avigilon Corporation - AVO.t

Avigilon Corporation - AVO.t is a leader in the design, manufacturing and marketing of high definition, network-based video surveillance systems and equipment for the global security market.

The Avigilon high-definition surveillance system has been designed to provide high quality video capture, transmission, recording and playback.

On May 15, 2017 the company released Numbers

Avigilon Corporation ("Avigilon" or the "Company") (TSX: AVO), provider of trusted security solutions, today reported financial results for the three months ended March 31, 2017. All figures are in United States ("US") dollars unless otherwise stated.

First Quarter 2017 Highlights
Revenue of $80.3 million, compared with $69.9 million in Q1 2016.
Revenue growth of 15% continues to outpace that of the industry.
Strong cash flow from operations of $8.4 million, an increase of $12.5 million over Q1 2016.
Gross profit* of $40.7 million, compared with $39.7 million in Q1 2016.




Monday, June 26, 2017

Earth's biggest gold deposit formed by ancient microbes?

Gold was discovered in South Africa's Witwatersrand Basin in 1886, and since then, about half of all gold mined throughout the world has originated from that source. Geologists know that the gold reached the Earth's surface by coming up with lava that formed the Kaapvaal Craton mountain range. However, the Kaapvaal Craton is located in Limpopo Province in north-east South Africa. How did the gold move over two hundred kilometres to the Witwatersrand basin in Gauteng?
Three billion years ago, the atmosphere contained almost no oxygen and the air consisted primarily of gases containing sulphur. Gases like hydrogen sulphide were pumped out of volcaneos, rising to form clouds that then fell as acid rain on the mountains.

In a study published in Nature Geoscience entitled, "Witwatersrand gold deposits formed by volcanic rain, anoxic rivers and Archaean life", researchers argue that the gold didn't just get moved by the rivers – it was first dissolved chemically in volcanic rain. Theory is that the gold would have formed soluble complexes with the sulphur, which were then absorbed by water, before finally being separated by primitive microbes to form the gold.
The new theory may explain why there's a string of gold beds in the Witwatersrand basin that collectively make up 40 percent of all of the gold that has ever been, or ever will be, dug out of the ground.
Gold is a rare element in the universe that forms only in the hearts of supernovae. The precious metal has been part of Earth since its birth 4.6 billion years ago, and while most of the Earth's gold is locked deep within the planet's core, the rest is largely dispersed throughout rocks at tiny concentrations of about one part gold per billion.

Occasionally, a physical phenomenon causes the gold to become enriched in certain layers of rock. In the case of the Witwatersrand formation, up to 1 percent of the carbon-rich layers is made up of gold.

Turquoise Hill Resources - TRQ.t

Turquoise Hill Resources - TRQ.t is advancing a 66% interest in the flagship Oyu Tolgoi Project, one of the world's largest copper-gold-silver mines.

The Oyu Tolgoi Project represents an investment of over $ 8 billion

On May 15, 2017 the company released

Turquoise Hill announces financial results and review of operations for the first quarter of 2017.


Sunday, June 25, 2017

Peru the world leader in fake US notes

Peru has become known over the past several years as the counterfeiting capital of the world. The U.S. Secret Service and Peruvian police on Nov. 15 made the largest seizure of counterfeit currency in Secret Service history ... $30 million in counterfeit notes. Oper­ation Sunset was the cul­mination of a global investigation involving six Peruvian-based criminal organizations. 54 pre-dawn search and arrest warrants were executed in Lima. More than 1,500 Peruvian National Police officers were involved in the operation, and 48 people were arrested in all. Six counterfeit plants were suppressed, eight counterfeit manufacturing presses seized, and over 1,600 printing plates and negatives of varying denominations were found.
From 2009 to 2015 Peruvian police seized over $76 million of fake American currency in addition to an undisclosed amount of euros and soles. The current situation led the Secret Service to move its Latin American headquarters to Peru from Colombia, which used to be the leader.
$2,000 worth of the best $100 counterfeits on the market can be had for $180 in real money. The forger is paid 35 cents for each finished note.