15 BILLIOJN - GOV'T GROWTH FUND How's MGX's claims ?
- Tillicum, anyone check the zinc values and perhaps, cobalt ?
( video online showing all kinds of " pink ' purple ) colorations
- Driftwood - anyone resift the cores - looking for any potential
cobalt, zinc, or nickel using ( icp ms ) that tests at the - ionic leve l?
- How are our silica claims ?
What's going on... anyone brave enough to assemble a presenation
to perhaps seek out a - contract - with say... Arizona chip plant ?
Liberals put growth fund in pension plan board's hands
The growth fund will be able to make direct equity investments in green companies and offer them debt
“The opportunities they’re supposed to be looking for now are opportunities to make money. And the opportunities that they’re looking for for the Growth Fund is arguably not opportunities to make money, it’s opportunities to grow businesses,” he said.
He said one of his questions is what are the government’s expectations.
Hamilton said in the big picture PSP can handle the dual mandate especially because it will be such a small part of their overall portfolio.
“A $15 billion growth fund isn’t isn’t a big issue for any reasonable size manager.”
The growth fund will be able to make direct equity investments in green companies and offer them debt. The government hopes it can also attract private dollars, by ‘de-risking’ some green investments.
It will also be allowed to invest in contracts for difference, a term that would allow the fund to backstop companies that are worried about a
future drop in the price of carbon credits.
If a future government lowered the industrial carbon price, that contract would pay out the difference between what was expected and what actually happened.
Hamilton said while PSP investments is arms length on paper it does have a pretty direct tie to the government that will be difficult for it to ignore if it moves away from their focus.
Read More.... https://nationalpost.com/news/politics/liberals-put-growth-fund-in-pension-plan-boards-hands
So... it's opportunites to
grow businesses.
i would say...
this groth fund comprised of $15 ( billion ) is quite bias.
It will... favor ones who are already in business.
How ironic.
Canada has significant junior enterprises that have billions worh of
minerals ( in situ )
I would say....
investing in these...
would prove far more advantageous to " make money "
versus bloated companies that have had market favortism for
years - reaping - all the more... nothing new.
There is far more money to be made in - pulling minerals -
than... lending out monies to - exisiting businesses.
Cheers....