See: thomcalandra.com
HONG
KONG —
Mike Weeks’ flash to stakeholders is just out to stakeholders in the Cambodia
gold miner and community do-gooder.
The
country of Cambodia — rural, suburban and hopping Phnom Penh — is blossoming
and booming. Reminds me of Mongolia in the early 2000s. I am just
departing after a week in the prosperous Buddhist nation.
In
an era where corporate-speak is dry and lacks social context, this letter from Cambodia
rises to the challenge. I just left Mike’s side at Phnom Penh for travel
to California, USA.
Peeps, Mike ’52’ Weeks’
letter, related plainly, supports believers in the founder of that SE Asia
nation’s first commercial gold mine:
Dear Angkor Gold Friends & Shareholders,
As I close out a couple more days
in the Kingdom of Cambodia, I can say this trip has produced progress on
a number of fronts.
Our China team of 20 (Betec
with the Shandong Institute of Technology and Tohui Heishan Property Group)
here is excited about its findings at China Wall in NE Cambodia hereand
wants to move to drilling there ASAP.
Our geologists and engineers added
another prospect. It is called Craig’s Vein and it that runs
directly to surface, so we will be wanting to determine how deep and thick that
mineralization is.
Add to this more than 30 other
prospects in northeastern Cambodia, and we continue to build toward a large
area amidst our 7 licenses, most in Ratanakiri Province.
At Phum Syarung (see photo: Mike Higbee, writer
and shareholder Thom Calandra and I — at entrance to new mine), India
partner Mesco Consolidated ‘s gold mine is proceeding
rapidly, We saw that carriage tubs for gold-laden ore, rails and two adits into
the mine soon will be in place.
On our social
front, Delayne Weeks says various projects are moving forward.
Health (diet, sanitary practices), education (English, computer training, agricultural
techniques) and economic diversity (career advice, micro-finance) continue to
be goals we address.
Delayne is getting attention from
international organizations seeking to learn about how our teams are spreading
the corporate wealth in Cambodia. Here is one of her recent interviews on the subject of corporate social
responsibility in a developing nation.
In addition, we will launch an anti-trafficking
course next month. The movement of children and essentially indentured
servants (that is putting it kindly) is a challenge near border areas across
Cambodia, whose neighbours are Laos, Vietnam and Thailand. Fewer
restrictions on travel across SE Asia nations near the end of 2015 likely will
worsen conditions for needy Cambodians and victimized children and young
people.
We will make awareness about
human trafficking part of our education and training portfolio.
Non-governmental organizations across Cambodia are adding trafficking to
agendas that already include diet, healthy family values, money-lending
practices, career training and medical needs and assistance, including
midwifery and dental care.
Cambodia is booming. Its economy is
expanding more than 7 percent yearly, compounding both benefits and challenges
for the nation and its largely Buddhist population.
For those who do not have the time
or money to subscribe to his TCR investment newsletter, we attach one of Thom
Calandra’s reports; they are distributed to large paying audiences. Also,
see Thom’s foto-log — with captions. [Generally, Thom of The Calandra Report is
the one with 1. food in his mouth; 2; holding a pen and notebook; or 3.
swimming with me in the 4,000-year-old volcanic lake at Yeak Laom;
or 4. next to a lovely lady.]
Thom has written several during the
past week. He also is a whirlwind of energy and courtesy. We took time before
Thom left for Hong Kong to meet with wondrous Andrea Aasen of XP Ministries, one of
Phnom Penh and Thai-border Cambodia’s most active missionaries for
disadvantaged families. Our own Advance & Nurture Khmer non-profit foundation
and Ms. Aasen look to collaborate on trafficking and other concerns in this
gorgeous nation of 15 million people.
Thom believes we all will see the positive influence
of the India joint venture mine at our Phum Syarung gold and silver
mine on the ANK stock price. I think it always refreshing to get an ‘outsider’s
opinion’ and understand others see our activities and the progress.
Thom regularly teaches at our Ban
Lung headquarters and has assembled a group of artists, photographers,
geologists, medical professionals, bankers, analysts and tourists for a Feb. 2 Angkor
Gold Fully Charmed Tour across Cambodia. He says the group looks as if it
will number 16 to 20 and will begin at Siam Reap, site of grand and
mystical temples and cosmic karma.
Regards to all and home to Alberta,
Canada, next week.
Mike
Weeks, CEO of Angkor Gold
Other
developments are in the works.
I
am fielding calls, even here in HK, from brokers, asset managers and individual
investors about why Angkor Gold shares, ANK in Canada and ANKOF in USA
— are rising snappily this month. Once again, reminds me of the Mongolia days,
when a snatch of resource operators, including Ivanhoe Mines, were soaring in
price and boosting that nation’s commerce and livelihoods.
Some
of the reasons are in Mike Weeks’ letter. Others, such as Ministry of Mining
& Energy negotiations, along with additional discoveries of copper,
gold, molybdenum and zinc on Angkor Gold properties, are transpiring now. Pay
attention, as we did in reports earlier this week and last from Ratankiri
Province, to our TCR photos and descriptions. The P.S., I Love You Gold Mine*
is ahead of schedule and likely to add royalties and rapid share appreciation
to our Angkor Gold shareholders, who include me.
I
will let Mike and his partner, Delayne Weeks, tell us in the letter
about community efforts their Angkor Gold is making in the areas of education,
human trafficking, diet, banking, health (midwifery for one), agricultural
grooming and other areas.
If
you own the shares, you will be enjoying what I believe will be one of the
quickest capital appreciation gains of any gold miner in a three-month span
(now through January) since those days of our original 2000s TCR and
Thom Calandra Reports from Mongolia, west Africa and China.
Angkor Gold’s stock is eminently do-able up to 44 cents Canadian.
IMPORTANT: As soon as I
land in the next 10 or 14 hours, TCR will be publishing a treat
for subscribers: a PDF imagic poem that will have you
bubbly with laughter at your Thursday Holiday USA table, if you
happen to live in the States as some 40-odd percent of our audience does. For
our majority Canadian audience, and those in Portugal, Belgium, UK, Holland,
Germany and parts of Africa and Latin America, we extend our HAPPY STUFFING DAY
greetings.
Don’t
miss it:it’s called Hong Bonking Kong. By 1 a.m.
Pacific Time Thursday. — Thom Calandra
THE CALANDRA
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