Archive for the ‘computer asset management’ Category
Event Management Company Las Vegas
Monday, March 15th, 2010
Event Management Company Las Vegas – Do you need an event management company in Las Vegas? Visit http://www.StaceyLeeAgency.com and event management company Las Vegas, need event staffing, they'll put trained staff in the event booth for you, pre qualified, The Best Event Management Company Las Vegas
Duration : 51 sec
Check Out your Prospects at Sedar.com
Sunday, March 14th, 2010
How an astute investor does her due diligence on Midway Gold
By Katherine Young
April 23, 2007
Imagine for a moment that you’re single and have recently met an attractive new woman, or man, as the case may be. You’ve taken them out for dinner. Perhaps she’s ridden in your car. Maybe you’ve met his friends. And then you start wondering, who is this person really? What’s their relationship track record like? How about their sexual history? What kind of risks am I taking? Are they financially secure? And you begin the subtle, socially-coded process of seeking answers to your questions, which, let’s be honest, are absolutely crucial to this thing going forward.
It’s the same when you find a company you’re interested in investing in, but luckily for the economic stability of the world, far less complicated. When it comes time to do due diligence there is no better tool that I’ve found than Systems for Electronic Documents Analysis and Retrieval, or SEDAR.com. It helps takes the mystery out, which in investing, unlike relationships, is only a good thing.
Established as an interface between public companies, regulating bodies and the interested public, Sedar has become an invaluable tool for investors doing due diligence. Since 1997, the Canadian Securities Administrators has ruled that it is mandatory for most reporting issuers to file securities related documents on Sedar. So, any public company that you wish to learn about will have filed certain documents that are in the public domain. You can access them on the SEDAR site and have an in-depth look at the past and current goings-on of a company. If only we were this sensible in relationships.
One company that recently caught my gaze was Midway Gold Corp. President Alan Branham told me that the biggest news at Midway was their Spring Valley Project in Nevada, “ where they’ve drilled into the neck of an old covered volcano on land just north of the largest silver producer in North America.”
Once I knew I was looking for information on the Spring Valley Project, the onus then fell to me to find out what Midway has reported at Sedar. Looking under “Company Profiles” and then Midway’s “Associated Documents”, I found the last NI 43-101 technical report that was filed on June 9, 2006. Opening the document I found that it was for the Spring Valley property.
Unfortunately, Sedar doesn’t title the documents that are listed under any given company. So, while I looked for the Spring Valley information, I had to estimate the date each document was filed, or I would have been lost looking through literally dozens of each type of news item that most companies file with Sedar every year. And, while my computer may be slow, it is cumbersome even for the technologically up-to-date to open PDF file after PDF looking for the press release in question. It’s a shame Sedar doesn’t recognize this and reorganize their site.
Ranting aside, I scanned the 139 page document for the most important information, finding the resource estimates on page 16. They reported 2,083,000 measured short tons at 0.032 oz/ton Au (0.91 g/t) totaling 67,500 Troy ounces of measured resource. The indicated resource was 7,946,000 short tons Au at 0.022 oz/ton (0.62 g/t) grade equaling 171,643 Troy ounces indicated. The table also included inferred resource estimates which added another 7,753,000 short tons at 0.025 oz/ton equaling 195,375 Troy ounces inferred.
Technical it is, but not as complicated as you may think. For a great resource on how to interpret the 43-101 report see Journey to the Heart of the 43-101 by Doug Hadfield at www.resourcex.com
It’s always helpful, of course, to have the president of the company put it in perspective for you, like Branham did for me about Midway. “We’ve drilled in excess of 200 holes. We’ve delineated several zones of gold hidden under some shallow, gravel cover and it’s got the attention of Barrick Gold Corporation who have bought 7% of our company in equity placements. We’ve got three drill rigs drilling right now trying to expand that discovery.”
Interest by a large company like Barrick Gold is probably even better reassurance of quality than having several other gorgeous, athletic, attractive men/women interested in your prospective partner. I was encouraged. Barrick doesn’t leave things to chance.
Branham told me that Barrick invested 11 months ago for the first time and for the second time in November, funding Midway’s exploration program. Branham said that Barrick was so interested to find out what Midway had in the ground that they lent Midway a drill rig, which are apparently hard to come-by in Nevada at the moment.
With Barrick in pursuit I didn’t see why I shouldn’t be, but determined to cover my bases and complete my responsibility, I continued the process of wading through too many press releases and financial statements, trying to hit on news of the Barrick placement. I finally found the eleven-months-ago one dated May 18, 2006. To my great frustration, it was called, simply “news release” with no other identifying label, and there were about 4 dozen other news releases to confuse it with. Nonetheless, it was there and described the private placement where Barrick, and, as it turns out, Sprott Asset Management invested $6,705,000. The November private placement was easier to find; Midway had raised another $5,000,000.
So far so good. Barrick had made a substantial contribution; and the resources looked good for a start. But Midway’s latest press releases were about a recent acquisition. Branham told me that he was excited about the new asset. “They have a nice resource of about a half million ounces that we believe we can grow quite substantially. 1 million to ten million ounces are not unknown along that trend. It’s a prolific trend.”
I wanted to check the resource estimates and assay results for the Pan property, so I looked up Pan Nevada on Sedar as well. Importantly, the Pan 43-101 said, “additional drilling and careful geologic study could provide a better understanding of the specific geologic controls and could lead to the identification of local zones of higher-grade mineralization…MDA believes there is good potential to both expand existing resources and discover new mineralization…”
So far Midway checks out. Just one more thing, if an exploration company plans to carry out an exploration program they need the cash to do it. I looked up Midway’s most recent Management Discussion and Analysis (MD&A) on Sedar and found a healthy cash flow – $5.7 million in the bank (dated back to September 2006 before the second private placement,) which carries them a good deal closer to feasibility. Large resources, high grades, interest from the big players and cash flow to boot.
So now we’ve done a good deal of due diligence on this prospective relationship. We’ve got to know its founders. We’ve checked out its assets. We know it has solid cash flow. Still, it’s important to remember: Investing is like love. You pay your money; you take your chance.
Katherine Young
http://www.articlesbase.com/investing-articles/check-out-your-prospects-at-sedarcom-140773.html
Emotional Intelligence in Leadership and Management Decisions
Saturday, March 13th, 2010
http://www.globalchange.com Emotional intelligence video: questions and answers with CEOs on Leadership. Intuition is vital part of leadership judgment. Example from recruitment interviews and employment decisions. How do you assess new candidates? Right brain and left brain â?? intuition or logic or both. How to listen to both sides of your brain in decision-making. Leadership intelligence requires more than logic and numbers-based. Insight from Indian culture. Ethical dilemmas in leadership: where do we get moral values from. Leading with head and heart. Risks of too much emotion in leadership decisions. Managing by objectives: hard data and operational statistics and why they may give the wrong answers. Emotional intelligence in team development and team motivation. Video of keynote conference speaker Patrick Dixon at Stan Am Rhein Leadership Summit facilitated by Professor Prabhu Guptara.
Duration : 2 min 58 sec
Digital Camera Mistakes – How Do I Take Better Pictures?
Friday, March 12th, 2010
Many amateur photographers have never heard of the term “workflow”. In fact, many semi-professionals haven’t either. In actuality, it refers to the entire life span of a digital image. Its entire life means from the second it is captured on camera, or scanned into the computer, clear to the end of its life when it leaves the computer, through either output or put into long-term storage. And it is in this area that the majority of errors occur in photography. The initial clicking of the button is not the final product, regardless of public opinion.
According to Jay Watson, in his article on “Digital Asset Management”, he refers to the workflow of a photograph or a digital image as its initial downloading from the Internet, a scanner, or a digital camera; batch renaming; rating; deleting; sorting; adding metadata and keywords; creating master files and derivative files; scheduling back-ups; building a catalog for the images; editing with Photoshop (or something similar); and then getting the images outside the computer.
Some of the most common mistakes to try and avoid when using a digital camera, is the transmission and storing of images. Large and bulky transmission of high-resolution images always will block a recipient’s e-mail inbox as a large attachments. To avoid this, simply reduce the image to a size that will fit a monitor screen, taking less time to download.
A photo-cataloging program that is built into Windows XP is another solution, as it resizes photographs before they are e-mailed. There are several graphic programs, such as the free version of Easy Thumbnails, that can be downloaded to resize graphics and photographs for emailing or web-sites. Alternately, you can reduce the size of your photos and send them to a photo-sharing site or to a personal web site. This is a good idea if there are many photographs for sharing with friends and relatives.
It doesn’t take many mistakes resulting in lost data files, before the backup of images becomes automatic, or you find a software program that does it as the work is being done. ALWAY do a backup of images! The reason this is so very important is because the hard drive will crash at one time or another – and usually the time is the “other”, when the most important piece of work ever done, will be lost.
All the digital data may become lost or damaged, including the photographs that you have so lovingly taken. Currently, the most convenient backup solution is a second hard drive. However, the more affordable solution is recordable CDs and DVDs. They should be used to save multiple copies of the photographs, so that you always have a few copies available in case one of the CDs is damaged.
Digital or optical zoom requires a special skill to get the correct focus and exposure, even by using the latest photo editing software. If high resolution pictures are what is being worked with, this software is especially useful in handling them. It can create some good quality prints with sensible cropping. However, for close-up shots, a higher optical zoom or an add-on telephoto lens is a must.
In addition to software, many cameras offer several options for choosing the best compromise between picture quality and file size, provided an understanding of JPEG compression is understood. The disadvantage is that every time an image is saved in the JPEG format, there is a permanent and irreversible loss in quality of the image.
A digital camera’s highest resolution ability helps preserve digital photos with as much clarity, colors, and as many details as possible. User-manuals are not just another “pretty face” – they need to be read and worked with, to understand the digital camera to the point it becomes a best friend. It provides several helpful tips of optimizing results, and can go a long way towards improving anyone’s photography skills.
Mike Singh
http://www.articlesbase.com/electronics-articles/digital-camera-mistakes-how-do-i-take-better-pictures-76961.html
The Time Management Myth
Thursday, March 11th, 2010
Darin Persinger of http://productivityjunkies.com talks about the myth of time management.
Duration : 1 min 40 sec