This guy pleads guilty to taking fees and providing no work to six clients, yet receives a $5k fine and six week holiday. The Law Society is a far too lax, breeding unprofessional behavior in some.
There were 86 transactions in the North American Oil & Gas sector in Q3 2015, totaling C$41.1 billion. There were 58 transactions in the North American Metals & Mining sector in Q3 2015, totaling C$1.4 billion.
This may very well be a turning point for the commodities market. As many investors exit commodities and some altogether abandon hard-assets-only strategies, there are others with a growth appetite for just that. What might be a natural resource disaster for some is turning out to be a perfect storm for others.
In April 2012, when the company increased its reserves by 36% at its Mountain Pass mine in California, research analysts enthusiastically hailed the mine as now having potential to last “a little beyond forever.” Molycorp’s stock peaked at $79.16 in May 2011.