Well Ain’t That BEST FOR Them

Before this begins, let’s make it clear that I don’t really have an issue with Southern Silver (SSV.v) the business, it’s barely the worst thing out there and what the thing is below isn’t some sort of exceptional situation. It is the way that the Venture exchange system works, that’s all. If you read the words below you may get an idea of how stacked against the retail player the whole thing is. This is why Electrum there as the best taker and that’s fair enough. It’s likely that they’re making a wager and knowing their normal style, they’ll be in for the long term.

Electrum’s the type of player that takes the risk on small-priced issues in order to visit for the high risk big reward. However, now let’s check on the others there. We have Robert Scott and Swenarchuk Hean. Both those individuals are insiders of the Manex Group and they are stock promoters, too.

Then we’ve Cambridge House “buying” their share. They may be known by us as the promotion company, mass-media group, and organizer of several a sector event. Also, there’s Dig Media which includes decided to “take money from their own pockets and buy many of these shares”. Dig Media has several promo aspects to it such as this, The Investor News Network, which manages to be sponsored by a range of TSX and TSXV companies but also state to offer self-employed, unbiased information coverage of the markets. Well, is not that good for them.

A friend of mine has two 1955 Imperials (not “Chrysler” Imperials) in his garage, one in mint original condition. As being a youth, he lusted following this engine car, and he has one now. To me, it is a neat car, but I would later go for the more outlandish ’57-’60 models, as they have significantly more funk factor. The electric motor car will not resonate for me personally as nostalgic. Alternatively, I had a couple of 60’s Chevies (‘ 66,’ 67, ’68 – all rust-buckets) and a ’65 Mustang in SENIOR HIGH SCHOOL.

Those cars have significantly more nostalgia value for me than 50’s models. On the other hand, some vehicles are hated just. Nobody will feel nostalgic about later ’70’s cars because these were bits of crap. Few will bring back a 1992 Corolla, if it was their first car in High School even. This gets to the fun and funk factors back, that is inter-related with nostalgia. 11. Hysteria: Often, some types of cars are at the mercy of bubbles. We saw this in the 1990’s with the dot-com increase.

Silicon Valley millionaires went out and bought vintage Ferraris to show off their prosperity. Pretty soon, the price of Ferraris shot through the roofing. People started paying absurd charges for old 308 models and even Testarossas, which were made in large amounts and rare or old enough to be desired hardly. When the dot-com boom collapsed, the worthiness of these cars – the later model cars – plummeted especially.

These were like the Condos of collectible cars – shooting up in value quicker than houses, and then plummeting in the same way fast. The current fascination with 1960’s muscle cars is about the same. People who have money to invest are bidding these up in cost. But as Jay Leno has observed, a simple economy car today can out-accelerate and out-corner many of the “muscle” cars of the 1960’s and early 1970’s. The fascination with those cars could wear off very quickly.

HP cars on the showroom flooring today – nearly double the hp of the “muscle” cars of that bygone period. 12. Condition: This is a tricky one, as it could mean a number of things. Lately, the market has begun to appreciate “original condition” cars more – ones that are in good shape, have original color and chrome, and even interiors maybe, but maybe a few fixes to keep them running.

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A little patina isn’t considered to eliminate from cars such as this. Restored cars Meticulously often called “over-restored” are still valued, however they don’t possess that patina and funk of a genuine car. For historic cars (e.g., Steven McQueen race provenance) restoration could reduce the value of the automobile. Collectors want an automobile with his sweat stains on it.

But a car with mechanical or corrosion problems isn’t “patina’ed” but just ratted out. And rust is the most severe of most – very hard and expensive to repair. And if you see a little, chances are, there is a lot. A clapped-out old car is just a clapped-out old car, unless they have provenance or really is really rare.