Its just like Wall Street (and its mouthpiece, The Wall Street Journal) to get all lathered up over supposed tax reform that has little more going for it than the usual heap of manure weve come to expect from Congress. I made this point recently in discussing some fine print in the tax bill that would keep the alternative minimum tax for corporations. It were as though the Magna Carta had retained a provision that shoplifters be drawn and quartered in the public square. So what else is in the fine print?
Zinc One Resources Inc. (TSX.V: Z; OTC: ZZZOF; FSE: RH33 - Zinc One or the Company) announces that the Peruvian Ministry of Energy and Mines (MEM) has approved the permit of 124 drill platforms for the purpose of delineating mineral resources at the Companys Bongará Zinc Mine Project in Peru. Drilling is expected to commence early January 2018. Results from the drill program will be used to advance the Bongara Zinc Mine Project along a development timeline and towards a preliminary economic assessment (PEA).
The profitability of lending/investing money is a function of both the rate of return on the money loaned/invested and the return (payback) of the money. The historically low interest rates are squeezing lenders by driving the rate of return on the loan toward zero (note: lenders can be banks or non-bank lenders, like pension funds investing in bonds).
Carter Page, a former foreign policy adviser to then-candidate Donald Trump, filed a motion on Tuesday asking to be allowed to submit an amicus brief in support of the Justice Department's case against AT&T's purchase of Time Warner.