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Context is everything. Sixteen years ago $50 million USD was the absolute low bar of interest when reporting on IPO capital raising for mineral development pro

Context is everything. Sixteen years ago $50 million USD was the absolute low bar of interest when reporting on IPO capital raising for mineral development projects. We tracked any global mineral exploration activity; leases changing hands, ground chemistry surveys, geophysical survey, drill survey, technical reports, etc. But, for the purposes of informing investors on the Toronto TSX and elsewhere, anything less than $50 million on development was too small to be worth mentioning. It was literally the lowest least interesting amount.

Dalewyn 2y ago
I think you just ended up supporting my argument, because you perfectly explained why most people hate bean counters. Again: $50 million dollars is an insane amount of money, even moreso since it's American tax dollars and we're apparently spending it buying condoms for other countries. What the sincere fuck. That is not what I'm paying my taxes for, and I'm willing to bet a lot of Americans will agree with me. Spend that $50 million dollars on anything for the direct benefit of Americans: Student debt, food stamps, Medicare, public schools, or condoms for that matter, I don't care. Spending this money on anything for Americans is better than spending it buying condoms for other countries. Absolutely noone can convince me this is a wise and justifiable use of our (my) taxes.
- defrost 2y ago
  > Again: $50 million dollars is an insane amount of money Again, that's not "insane" .. it's literally the least outlay for a very small publicly listed mine; it covers a few 100 tonne haulpaks, machine shops, staff, screens, small crusher, a few conveyors, and sundries. It strikes me that you might well be out of touch with the cost of various activities.
  - Dalewyn 2y ago
    It strikes me that you might well be out of touch with how we are talking about American tax dollars being wasted on very questionable foreign expenditures.
- zfg 2y ago
  > Absolutely noone can convince me this is a wise and justifiable use of our (my) taxes. HIV affects everyone. It's best to reduce it wherever you can. You either want soft power influence or you don't. If you cede influence to other nations they will happily take it over for you. A reduction in soft power influence will make the US smaller and weaker. Nations will form business and military ties with whoever wants to be the next world hegemon (i.e. China).
  - Dalewyn 2y ago
    >HIV affects everyone. It's best to reduce it wherever you can. Again, "can" is the keyword. In case you weren't aware, the US is literally trillions of dollars in debt. Not only can we not afford these expenses, we are literally borrowing money to pay those expenses which aren't even for our own benefit. Again: What the sincere fuck. This is a budget that would get taken out back and shot in any other sane circumstances. We have countless pressing concerns right here at home where that $50 million dollars can make a significant impact to the benefit of all Americans. Even if there wasn't a line item, we can still slash $50 million dollars off the budget and reduce the debt which again is beneficial to all Americans. And don't give me that "just print more dollars" bullshit either: That leads to inflation for everyone Americans and otherwise. It's ridiculous that spamming the printing presses is considered acceptable. If China or whoever wants to buy condoms for other countries then they are very much welcome to. We can't fucking afford these stupid line items when we have a laundry list of our own. Screw "soft power influence", if the Pentagon and CIA line items weren't somehow enough already then we should also slash those too and get rid of all the waste. America First.
    - zfg 2y ago
      > In case you weren't aware, the US is literally trillions of dollars in debt. Tesla paid $0 in federal income tax last year: https://itep.org/tesla-reported-zero-federal-income-tax-in-2024/ https://itep.org/tesla-reported-zero-federal-income-tax-in-2... Amazon, Nike, and FedEx don't like paying taxes either: https://www.cnbc.com/2022/04/14/how-companies-like-amazon-nike-and-fedex-avoid-paying-federal-taxes-.html https://www.cnbc.com/2022/04/14/how-companies-like-amazon-ni... A lot of tax dollars are being left on the table. > Screw "soft power influence" This will make America weak again. It will put America last.

Dalewyn 2y ago

I think you just ended up supporting my argument, because you perfectly explained why most people hate bean counters. Again: $50 million dollars is an insane amount of money, even moreso since it's American tax dollars and we're apparently spending it buying condoms for other countries. What the sincere fuck. That is not what I'm paying my taxes for, and I'm willing to bet a lot of Americans will agree with me. Spend that $50 million dollars on anything for the direct benefit of Americans: Student debt, food stamps, Medicare, public schools, or condoms for that matter, I don't care. Spending this money on anything for Americans is better than spending it buying condoms for other countries. Absolutely noone can convince me this is a wise and justifiable use of our (my) taxes.

defrost 2y ago
> Again: $50 million dollars is an insane amount of money Again, that's not "insane" .. it's literally the least outlay for a very small publicly listed mine; it covers a few 100 tonne haulpaks, machine shops, staff, screens, small crusher, a few conveyors, and sundries. It strikes me that you might well be out of touch with the cost of various activities.
- Dalewyn 2y ago
  It strikes me that you might well be out of touch with how we are talking about American tax dollars being wasted on very questionable foreign expenditures.
zfg 2y ago
> Absolutely noone can convince me this is a wise and justifiable use of our (my) taxes. HIV affects everyone. It's best to reduce it wherever you can. You either want soft power influence or you don't. If you cede influence to other nations they will happily take it over for you. A reduction in soft power influence will make the US smaller and weaker. Nations will form business and military ties with whoever wants to be the next world hegemon (i.e. China).
- Dalewyn 2y ago
  >HIV affects everyone. It's best to reduce it wherever you can. Again, "can" is the keyword. In case you weren't aware, the US is literally trillions of dollars in debt. Not only can we not afford these expenses, we are literally borrowing money to pay those expenses which aren't even for our own benefit. Again: What the sincere fuck. This is a budget that would get taken out back and shot in any other sane circumstances. We have countless pressing concerns right here at home where that $50 million dollars can make a significant impact to the benefit of all Americans. Even if there wasn't a line item, we can still slash $50 million dollars off the budget and reduce the debt which again is beneficial to all Americans. And don't give me that "just print more dollars" bullshit either: That leads to inflation for everyone Americans and otherwise. It's ridiculous that spamming the printing presses is considered acceptable. If China or whoever wants to buy condoms for other countries then they are very much welcome to. We can't fucking afford these stupid line items when we have a laundry list of our own. Screw "soft power influence", if the Pentagon and CIA line items weren't somehow enough already then we should also slash those too and get rid of all the waste. America First.
  - zfg 2y ago
    > In case you weren't aware, the US is literally trillions of dollars in debt. Tesla paid $0 in federal income tax last year: https://itep.org/tesla-reported-zero-federal-income-tax-in-2024/ https://itep.org/tesla-reported-zero-federal-income-tax-in-2... Amazon, Nike, and FedEx don't like paying taxes either: https://www.cnbc.com/2022/04/14/how-companies-like-amazon-nike-and-fedex-avoid-paying-federal-taxes-.html https://www.cnbc.com/2022/04/14/how-companies-like-amazon-ni... A lot of tax dollars are being left on the table. > Screw "soft power influence" This will make America weak again. It will put America last.