Sahm Adrangi Spotlights Fool’s Gold

Sahm Adrangi hedge fund, Kerrisdale Capital, has built up expertise in the biotech and mining sectors, highlighting shares of companies that are built on overly optimistic forecasts. In other instances, Kerrisdale discovers and publicizes instances of fraud. Sahm Adrangi is known as an activist, whose activities are aimed every bit as much at engineering change as they are at providing his investors with a profit.

 

One sector that has been fraught with uncertainty and outright deceit is the mining sector. Northern Dynasty Minerals owns a deposit of copper and gold in Alaska’s Bristol Bay Basin that has yet to be developed. The company has spent close to $1 billion in environmental and engineering studies. Additionally, the company has spent heavily on socio-economic reports.

 

The development of this deposit has faced stiff opposition from all directions. Locally, the Alaska Natives and environmentalists have protested the company’s plans. Additionally, state and local governments have expressed disapproval of this projects. In response, the United States Environmental Protection Agency halted the project in 2014. Investors have been optimistic that the change in Administrations may lead to the ultimate approval of the mining project.

 

Notwithstanding any potential approval, Sahm Adrangi believes that the value of this mining project is close to zero. Regardless of any mineral deposits, Adrangi argues that these deposits are extraordinarily difficult to extract from a sizable amount of raw material. Accordingly, extraction costs and the corresponding capital investment necessary to bring the site into production will be prohibitive. Further, Northern Dynasty has been less than forthcoming with mining reports from the site, suppressing a less than favorable report from a former investment partner in the site. In fact, several former investment partners have halted their participation in the project, abandoning their investments.

 

In Sahm Adrangi’s opinion, what may be insurmountable is the local opposition to development of the project. Notwithstanding Washington D.C. politics, the opposition to the project in Alaska spans across the political spectrum, and state voters gave the legislature approval authority for sulfide mining. Andragi believes that this is what will ultimately freeze the success of the project.
https://www.prnewswire.com/news-releases/sahm-adrangis-kerrisdale-capital-issues-negative-report-on-the-st-joe-company-and-announces-conference-call-schedule-300635156.html

Shervin Pishevar Is Certainly A Psychic – Check Out How True His February 2018 Predictions Are

Every able-minded person on Earth has made predictions about one thing or another in their lifetimes; some of us make predictions on a daily basis. Whether we gamble on the outcome of sports games; make friendly, one-dollar wagers with friends; or silently predict things to ourselves, trying – that’s a keyword as far as predictions go: trying – to guess the outcome of events is part of human nature.

It seems as if many predictions aren’t assuredly recorded. Gambling unarguably formally records most people’s predictions, whereas informal wagers for dollars or bragging rights largely go unrecorded.

Shervin Pishevar published a 50-tweet tweetstorm in February 2018 after coming back from a relatively lengthy hiatus. Mr. Pishevar took roughly three consecutive months off of the entirety of the Internet – social media platforms, financial news outlets, and even his email inboxes – prior to surprising his 90,000 followers on Twitter with the 50 tweets over a day-long period.

Below are some of the most notable things Shervin Pishevar predicted across the evening hours of February 6 and most of February 7, 2018.

Some companies are too darn powerful

Shervin Pishevar made note of “5 US monopolies: Alphabet, Amazon, Apple, Facebook, Microsoft [sic],” sharing that they have effectively entered an early stage of monopolization in each of their respective niches in the technology sector. Mr. Pishevar went on to write, “these 5 giants have too much power, stifling startups [sic],” something that should alarm consumers.

While many people report being frustrated by having to pay taxes – corporations feel the same way – increased taxes are necessary in order to dumb down the gross, untethered, unrestricted size of the five aforementioned Ma-Bell-like tech giants. If the federal government doesn’t redistribute their awesome wealth to society, income inequality will continue to run rampant in the US and small businesses’ inability to compete won’t help cut down on inequality.

Shervin Pishevar also claimed that the financial markets aren’t looking too hot because of rising inflation, a decline in stock markets’ value, and relatively high underemployment across the US and world at large. He claimed that “gold will rise in response,” further stating that “Bitcoin will continue to crash,” both of which have proven true thus far.

https://www.caa.com/caaspeakers/shervin-pishevar