In some ways, it feels good to be where I am at right now. It's that low point and nothing much can touch ya. How much lower can we go? Now, Haber has found its bunker while the markets implode around it.
I'm assuming that this is the start of the decline that the precious metals folks have been expecting. Naturally, gold and silver are also down, with gold down by .7% and silver being hit by a 6% drop today. For these metals it looks like a rerun of 08. However over the next two months, gold should rebound smartly being the only true money without any counter party risk. Much that the media, Wall Street, and the government have broadcast about the economy has been to shore up a dead horse. This is why the dollar has been moving down as gold has been moving counter to it. Since Haber's sphere of interest is in extracting gold, we should be in a better position for profits than most companies in other sectors. Of course for Haber to take advantage of the opportunity, it will need help from fate and some outside connections.
For Serious Inquiry On Aladdin Green Gold Processing Call 516-771-0636 or email r.lembo@aladdinseparation.com
Company office
400 Trade Center, Suite 5900, Woburn, MA 01801
Stamp Program Objectives
In order to address the global mercury problem, Aladdin has developed the Strategic Abatement of Mercury and Poverty (STAMP) program. This program is designed to induce artisanal and all mercury mining users to adopt Aladdin's highly efficient mining technologies. The fundamental strategy looks to illustrate the economic advantages of HGP to the miners. Although being able to provide a safe work environment , safety benefits alone are not sufficient to convince indigent miners to abandon mercury processing. Ultimately, the success of the program must rely on its ability to provide the miners with a greater level of income than what they are able to derive when using mercury. The broad objectives of the STAMP Program are as follows:
1. Employ as many artisanal miners as is possible while maintaining the economical integrity of the program.
2. Work to eliminate the use of mercury when extracting gold in the customary artisanal alluvial concentrates and hard rock deposit areas.
3. Increase artisanal miner wages above the national average and provide bonuses based on gold revenues.
4. Create new employment opportunities and provide training for higher paid jobs in the trades, management, administration, accounting, mining, geology, process engineering, and attendant disciplines.
5. Provide a humanitarian fund to benefit the miners and their families.
6. Convert sites to farming land or forestry after gold is depleted from the properties.
7. Attract artisanal miners to proven gold reserves set aside by large scale mining companies and / or the government.
8. Make a profit for all stakeholders
Aladdin's Pledge To Social Responsibility
Aladdin's Pledge To Social Responsibility
Aladdin Technologies Inc. is dedicated to bringing environmentally friendly processes to host countries so that mineral wealth can be extracted in a way that does not endanger local ecosystems or the health of native people. This interest - coupled with a commitment to mutual respect and a close involvement with all stakeholders - is behind the company's drive to help the government and citizens of countries achieve maximum benefit from their mineral resources. We also recognize that shareholder interests are best served when - based on our ethical treatment of indigenous people and sensitivity to environmental issues - countries actively seek out business relationships with the company.
Social responsibility is not simply an abstract concept, but rather, a realistic moral command and business strategy. Aladdin will do whatever is reasonable to help the communities of people around the world with which it interacts. Therefore, to disregard the tenants of mutual respect and fair trade would not only be morally corrupt, but it could also damage shareholder value in company mineral endeavors. Aladdin endeavors to be a leader in the way in which it brings obligations of social responsibility to its business enterprises.
ALADDIN BLOG
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3 comments:
Oz, does this mean you managed to buy shares before trading was suspended?
I was able to get both buy and sell orders filled following the original suspension period and the final cut off date. Because very few people were trading, I had a sell limit order at .068 cents that saw part of it filled at .08 cents. One day, I bought Haber at .03 cents a share, and the very next day my sell limit order went for .068 cents a share. I guess that I learned a lession of what havock suspension and low volume can do to trading a stock.
I wonder if management has considered enlisting the support of environmentalists like Al Gore or celebrities
like Oprah to obtain necessary funding. I would think that Haber's technology would be very appealing to that sector.
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