Wednesday, January 18, 2017

Golden Guns: Mexican 'narco bling' weaponry

In Mexico the top crime lords show off their ill-gotten wealth with guns.

These are the gaudy weapons found by security services in Mexico.
A gleaming display of weaponry reveals the extravagant lifestyles of Mexican drug barons. The confiscated weapons include high-precision rifles lavishly decorated with gold, jewels and even religious symbols. They star in a Mexican military museum.
The museum contains gold-plated AK-47’s, rocket launchers and even a bullet-proof leather jacket. The museum is private and was opened in 1985 by the military to educate soldiers about the culture of the drug cartels.

Police in Mexico raided a basement in 2013 finding 31 diamond-studded guns, presumably belonging to a drug cartel boss, according to the attorney general's office.

Officers in western Jalisco found gold and silver plated handguns of varying caliber studded with diamonds and engraved with the name 'Lobo Valencia". The basement in Zapopan also yielded four rifles.

Valencia is the right-hand man of Joaquin Guzman.

Cameco Corporation - CCO.t

Cameco Corporation - CCO.t is one of the world's largest uranium producers accounting for about 18% of the world's production from its mines in Canada, the US and Kazakhstan.

Cameco holds premier land positions in the world's most promising areas for new uranium discoveries.

On July 28, 2016 the company released

Cameco expects 2016 net loss, slash of 120 jobs

Cameco Corp. has provided its earnings expectations for the year ended Dec. 31, 2016, and the operational changes planned for 2017.

While it is not the company's usual practice to disclose earnings expectations, the company is announcing its earnings expectations for 2016 in advance of its participation in coming investor conferences due to the significant discrepancy between analyst earnings estimates and the company's current expectations.

Tuesday, January 17, 2017

The Spanish galleon San José

During the battle, the powder magazines of San José detonated, sending the ship to the bottom.
The San José was a 60-gun galleon of the Spanish Navy. It was launched in 1696 and sunk off the coast of Cartagena, Colombia in 1708. San José was part of a Treasure fleet during the War of the Spanish Succession, under General José Fernández Santillán.

On 8 June 1708, the fleet encountered a British squadron near Barú.
All but 11 of the 600 people on board perished, either incinerated in the explosion or drowned at sea. The San José was located by an international team led by Colombia’s Institute of Anthropology and History on Nov. 27, 2015 nearly 1,000 feet deep about 16 miles from Cartagena.

Speculation says it likely had 7 to 10 million Spanish pesos on board at the time of its sinking, similar to its surviving sister ship, the San Joaquín. The San José has long been called the "Holy Grail of Shipwrecks".

Colombian president Juan Manuel Santos announces the discovery of the remains of the Galleon San Jose
The San Jose was carrying one of the largest amounts of valuables ever to have been lost at sea. Estimates place the value of the cargo to at least $1bn.
A seafloor image of the shipwreck that the Colombian government has identified as the San Jose. The wreck has yet to undergo an archaeological exploration, leaving questions about what riches might be found. The type and number of bronze cannons found at the site leaves no doubt that the ship is the San Jose.