Shawn Ryan and “The Art of the Deal”

 

Shawn Ryan, has resurrected his promising White Gold district, south of Dawson City.

Yukon’s renowned gold prospector has outdone himself again, and that’s why he’s #1.

He struck a deal with Agnico Eagle Mines Ltd. (Agnico), to buy a 20 per cent stake in his new junior exploration company out of Vancouver (CBC North, Dec. 12).

Agnico has paid Ryan’s White Gold Corporation $14.52 million to get in on his action.

With money to burn Ryan is set to light the fuse that starts the fireworks for Yukon’s faltering mining industry one more time, but will that help the Yukon Liberals too?

How does Ryan do the voodoo that only he can do?

An energetic and perpetual self-promoter, Ryan knows a rolling stone gathers no moss.

So here’s my Reader’s Digest take on his magic:

First: Ryan and an associate formed a Vancouver based public company. Then the new-co paid Ryan $3.5 million and 7 million shares for his 12,300 mineral claims in the area of interest (AOI). Pretty cool, right?

Second: the new-co landed a whale (Agnico), to buy in and hooked it to pay $15 million additionally on exploration in the AOI over the next three years. OK, that’s cool.

Third: the new-co will contract Ground Truth Exploration (jointly owned by Ryan’s wife, Cathy Wood and associates Isaac Fage and Tao Henderson), to conduct all of the exploration work in the AOI. Where do they get all those cool high-tech toys?

Fourth: Agnico will get first kick at all the golden cats that Ground Truth can shake out of the White Gold trees. If Agnico wins or loses, Ryan gets richer. Now, that’s COOL!

Who said Ryan couldn’t “out-cool” Doug Eaton or Archer Cathro and Associates?

Now that Agnico is off to the races with Ryan, maybe Kinross will want to saddle up for another wild ride too. Wouldn’t that be just too cool?

Now for something completely different:

I heard that Ground Truth has been contacted by the U.S. army and the CIA, about some clandestine drone work in Iraq.

It seems that President-elect Donald Trump found out that Ground Truth’s unmanned aerial vehicles (UAVs), deliver the biggest bang for the buck in Yukon.

Apparently, Trump intends to use UAVs and improvised exploding goats (IEGs), on rebel fighters, ISIS/Taliban extremists, fundamentalists and terrorists.

Taking out terrorists with low-tech IEGs armed on impact with 2 minute-delay timers.

The terrified bleating of plummeting goats will draw the terrorists out, to their doom.

The Donald, like an old prospector knows if you want to have some fun and get-her-done, you better hire an ambitious young gold digger.

Simply put it’s: “The Art of the Deal”.

Wade Carrell – Whitehorse

 

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THE PUBLICATION OF THIS LETTER IS FOR YOUR INFORMATION AND AMUSEMENT ONLY. THE AUTHOR IS NOT SOLICITING ANY ACTION BASED UPON IT, NOR IS HE SUGGESTING THAT IT REPRESENTS, UNDER ANY CIRCUMSTANCES, A RECOMMENDATION. THE AUTHOR IS NOT AN INVESTMENT ADVISER AS DESCRIBED BE CANADIAN LAW OR THE LAW OF ANY OTHER JURISDICTION.  THE CONTENT OF THIS LETTER IS DERIVED FROM INFORMATION AND SOURCES BELIEVED TO BE RELIABLE, BUT THE AUTHOR MAKES NO REPRESENTATION THAT IT IS COMPLETE OR ERROR-FREE, AND IT SHOULD NOT BE RELIED UPON AS SUCH. IT IS TO BE TAKEN AS THE AUTHORS OPINION AS SHAPED BY HIS EXPERIENCE, RATHER THAN A STATEMENT OF FACTS.

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