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drbubb

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  1. The "ALL ENERGY" chart has broken down - Where is the Low? All Energy ... fr. mid-June.2018 / USO: $10.64, NGas: $0.0235, U.t: C$4.32, URA: $11.91, BTU: $22.52 ==
  2. How to Stay Ahead: Be Nimble and Move Quickly - 400,000oz by YE/23. (TSX:GCM) CRUX Investor Published on 11 Jun 2019 "We move very quickly." says Exec. Chairman Serafino Iacono of Gran Colombia Gold. He discusses: https://www.youtube.com/watch?v=DjYsC0TbWNc 1) $50M in cash and NO taxes until next year 2) Finances: Cash, tight hold on shares, the balance sheet and repaying debt 3) 225,000oz to 400,000oz by the end of 2023 4) Colombian Gold Mining specialists Read more at https://stockhouse.com/companies/bullboard?symbol=t.gcm&postid=29818926#GyefZj5uftmcD5LR.99
  3. Gold linked Notes, Total Value Estimate: with Wt.B / vs.GCM / TPRFF : GCM.NT.U UNITS: Date : Gold: GCM : Ratio: G/1250 x57%+104%= Debs : Wt2.21: CAD : $USD : 124wt: Comb.: USD$: x512.8: 05/31: 1305: $3.03 : 431. : 104.4 : 59.5 +44.7= 104.2 : $1.40*x0.772 = $1.08 : 13.4% : 117.6 : $2.34: 1200 : 06/29: 1255: $2.88 : 436. : 100.4 : 57.2 +44.7= 101.9 : $1.30*x0.761 = $0.99 : 12.3% : 114.2 : $2.19: 1123 : 10/02: 1204: $2.40 : 502. : 100.0 : 57.0 +44.7= 101.7 : $1.14 x0.780 = $0.89 : 11.0% : 112.7 : $1.88: $964 : 12/31: 1281: $2.82 : 454. : 102.5 : 58.4 +44.7= 103.1 : $1.40 x0.733 = $1.02 : 12.6% : 115.7 : $2.06: 1056 : : 01/03: 1295: $3.18 : 407. : 103.6 : 59.1 +44.7= 103.7 : $1.55 x0.741 = $1.15 : 14.2% : 117.9 : $2.35: 1205 : : 01/03: 1295: $3.18 : 407. : 103.6 : 59.1 +44.7= 103.7 : $1.55 x0.741 = $1.15 : 14.2% : 117.9 : $2.35: 1205 : =====: ==================================== : *est. Wt. value, x124 wts/deb Last Col.: $1000/ 1.95= 512.8shs xC%2.52= C$1,292 x0.770= $995, Value of 1% Debs if Converted GCM etc: GDXJ & MNT.t ... w/o Mux st 377d: w/MUX : w/SSP : st: GCM.t only : 12/10/2018: c$2.81 : c$17.58 : $27.76 : st: Date-----: GCM.t : MNT.t : 12.9%L// GDXJ x10.0%H cad= GJcad: x7.7% 12/30/16: $1.40 : $16.48 : $2.13 //: $31.55 : $3.16 x1.350= 42.59: 3.28 12/29/17: $1.96 : $17.39 : $2.24 //: $34.13 : $3.41 x1.257= 42.90: 3.30 05/28/18: $3.29 : $17.71 : $2.28 //: $32.89* $3.29 x1.299= 42.72: 3.29 - High 06/30/18: $2.88 : $17.44 : $2.25 //: $32.70 : $3.27 x1.314= 42.97: 3.31 08/17/18: $2.13 : $16.35 : $2.11 //: $27.49 : $2.75 x1.306= 35.90: 2.76 - Low 12/31/18: $2.82 : $18.41 : $2.37 //: $30.22 : $3.02 x1.364= 41.22: 3.17 2/19/19: $4.42 : $18.60 : $3.30 // $34.34 : $3.43 x1.321= 45.31: 3.49 3/15/19: $3.71 : $18.27 : $2.76 // $32.10 : $3.21 x1.332= 42.76: 3.29 3/22/19: $3.23 : $17.99 : $2.32 // $28.96 : $2.90 x1.337= 38.77: 2.99 === : PRODUCTION Mo.: Prod'17: Prod'18: Prod'19: Q1- : 39,008 : 52,672 : 60,601 > +15.1% Q2- : 46,075 : 52,906 > +14.8% Q3- : 37.1 K : 57,163 > +54 % Q4- : 52.0K : 55,260 > +54 % === July: 00,000 : 19,296 : Aug.: 00,000 : 18,747 : Sep : 00,000 : 19,120 : = Q3 37.10K : 57,163 : Oct.: 17.33K : 18,065 : Nov: 17.33K : 18,193 : Dec. 17.33K : 19,002 (aver.18.4k oz in Q4) = Q4 52.00K : 55,260 : —— Prod'17: Prod'18: Prod’19: Jan. 00,000 : 00,000: 17,941 : Feb. 00,000 : 00,000: 21,335 : New monthly record! Mar. 00,000: 00,000: 21,325 : = Q1 39,008 : 52,672 : 60,601 : New Quarterly record! Apr. 00,000: 00,000: 20,372 : May 00,000: 00,000: 18,528 : 5mo: 000.0k: 87.4k : 99,501 : +14% 12m: 000.0k: 000.0k: 230.1k : ======================== 2018: "218,001 OUNCES, UP 25% OVER 2017" Guidance for 2019: 210-225k : Mid-217.5K Cash; US$33M at YE'18, Debt @ $83.38M, end Jan.19. $78.5M, end Apr.19 $1.0552 /$1.00 @ $1294.3 /$1250 Deb. interest 8.25% x 1.0552= 8.705%
  4. GCM has outperformed GDXJ - and this will help going forward Gran Colombia to buy back up to 4.58 million shares 2019-06-10 10:19 ET - News Release Mr. Serafino Iacono reports GRAN COLOMBIA GOLD LAUNCHES NORMAL COURSE ISSUER BIDS FOR ITS COMMON SHARES AND WARRANTS Gran Colombia Gold Corp. has received approval from the Toronto Stock Exchange to begin normal course issuer bids (NCIBs) for its common shares and its share purchase warrants expiring on April 30, 2024, which trade under the symbol GCM.WT.B. The NCIBs allow the company to purchase up to 4,589,129 common shares and up to 1,109,628 warrants of the company, representing 10 per cent of the current issued and outstanding common shares and warrants in the public float for each security as of June 4, 2019. As at June 4, 2019, the company had 48,300,405 common shares and 12,150,908 warrants issued and outstanding. Serafino Iacono, executive chairman of Gran Colombia, commented: "Our company has really turned things around over the last three years with tremendous improvements in our operating and financial results, strengthening of our balance sheet and simplifying our capital structure. As a result of these accomplishments, we see significant potential upside in our current share price. Our free cash flow has reached a level that will not only service our current debt obligations, but will afford us an opportunity to use our financial resources to enhance shareholder value on a per-share basis by reducing our fully diluted number of shares issued and outstanding." GCM.t vs.GDXJ ... since Dec.2018 / Last: C$3.99 -0.05, US$3.01 -0.048 / GDXJ:$30.45 +0.39 : r-9.89% / 2 / On Twitter... Ross Beatty visit posted June 11, 2019 02:33 pm by subwave ColombiaGoldSymposium‏ @ColGoldLetter Mehr Ross beaty visiting gran colombia gold in colombia.... Interesting 13:40 - 11. June 2019
  5. PEI's correction may be over PEI / Penn Reit ... 2yr : 6mo : 10d / Last: $6.83 +$0.14, +2.09%; Yield: 12.13% : 6mo : ==
  6. ROXG was going up too fast, and needed a pause, I reckon "The pause that refreshes" maybe?
  7. I will probably sell some there, in. case the rally dies. But the newsflow is now improving, thank goodness Recent Bulletins News ReleasesIn The NewsOther Date ET Symbol Type Headline 2019-05-23 06:20 U:MUX News Release McEwen Mining Exploration Produces Rich Gold Results at Black Fox 2019-05-23 06:10 U:MUX News Release McEwen Mining Reports Positive Exploration Drill Results from Grey Fox 2019-05-23 06:00 U:MUX News Release McEwen Mining Declares Commercial Production at the Gold Bar Mine 2019-05-22 18:08 U:MUX News Release McEwen Mining Reminder of a Technical Session and the Annual Meeting 2019-05-16 19:24 U:MUX News Release McEwen Mining Gold Bar Accident Update ==
  8. "Broke that down trend, now into the $3.90’s. This has served me well, I’m getting ready to flip some out into Wallbridge again." - Jerpy I sold a tiny amount of GCM shares at $3.93 yesterday. Will I buy WM? Maybe... but carefully GCM etc: GDXJ & MNT.t ... w/o Mux st 377d: w/MUX : w/SSP : st: GCM.t only : 12/10/2018: c$2.81 : c$17.58 : $27.76 : ==
  9. McEwen Mining is rallying - at last MUX ... update : $1.48 +$0.02 ==
  10. How China’s online gambling addiction is reshaping Manila There's more dim sum and jobs in the metro, but the Chinese have driven up rent and brought in the sins tied to gambling AT A GLANCE: Philippine Online Gambling Operations (POGOs) are creating a ripple of economic development, particularly in the property and food sectors Locals are complaining about the high rental rates and rowdiness of some Chinese workers POGO girls required to wear skimpy clothes and the possibility of money laundering worry some industry insiders MANILA, Philippines – A Filipina-looking dealer looks intently at the webcam, enticing bettors to place their bets. She does not speak, but smiles with her eyes as another voice in Mandarin speaks for her. She sports a revealing, black dress. There are even bunny ears to complete the whole Playboy look. Players watch her from the laptop, while flirting with Lady Luck for high returns. In just a single click, cash comes in and out of their virtual wallets. Welcome to the world of online gambling – the Chinese are hooked and Philippine shores have opened their arms to fuel their addiction. Manila is in a frenzy because of the flowing cash, and the impact on the community is hot for chit-chats. Game plan Gambling is illegal in China and is heavily opposed by the communist government. Authorities have intensified crackdowns to serve as a stern warning. To skirt this obstacle, gambling companies operate outside the mainland. “China has so much cash and many want to gamble. But gamblers need to travel abroad or to Macau,” said an expert on the matter who requested anonymity. With the emergence of online gambling, the Chinese simply log into a website and they can play the usual casino games like poker, roulette, and slot machines. Gaming companies that set up shop here are referred to as Philippine Online Gambling Operations (POGOs). LADY LUCK. Online gamblers can choose who their dealers will be. Screengrab from Oriental Game. According to the Philippine Amusement and Gaming Corporation (Pagcor), they have authorized 57 POGOs to operate in the Philippines. (FAST FACTS: What you need to know about the Philippine casino industry) > https://www.rappler.com/newsbreak/in-depth/212443-how-china-online-gambling-addiction-reshaping-manila
  11. SSP.v / Sand Spring Resources Some Of The Biggest Resource Opportunities Are HIDDEN In South America - Munson About Gold Breakout
  12. NEWS Date ET Symbol Price Type Headline 2019-06-03 17:20 C:SSP 0.165 News Release Sandspring increases private placement to $4-million 2019-05-30 10:39 C:SSP 0.155 News Release Sandspring arranges $3-million private placement 2019-05-28 17:02 C:SSP 0.165 SEDAR Interim Financial Statements SEDAR Interim Financial Statements 2019-05-28 17:02 C:SSP 0.165 SEDAR MD & A SEDAR MD & A SANDSPRING RESOURCES INCREASES FULLY-SUBSCRIBED PRIVATE PLACEMENT TO $4 MILLION Due to strong investor interest, the board of directors of Sandspring Resources Ltd. has approved an increase in the amount of its non-brokered private placement. The placement has been fully-subscribed and the Company now intends to issue 32,000,000 units (each, a "Unit") at a price Cdn$0.125 per Unit. Each "Unit" consists of one common share and one share purchase warrant entitling the holder to purchase one additional share at Cdn$0.165 for a period of sixty (60) months. Completion of the private placement remains subject to the approval of the TSX Venture Exchange. All securities issued in connection with the private placement will be subject to a four-month-and-one-day statutory hold period. About Sandspring Resources Ltd. Sandspring Resources Ltd. is a Canadian junior mining company currently moving toward a feasibility study for the Toroparu Project in Guyana, South America with 7.4 million ounces of gold in the Measured and Indicated categories. A prefeasibility study completed in May 2013 (NI 43-101 Technical Report, Prefeasibility Study, Toroparu Gold Project, Upper Puruni River Area, Guyana, dated May 24, 2013 completed by SRK Consulting (U.S.), Inc., available on SEDAR (www.sedar.com)) outlined the design of an open-pit mine producing more than 200,000 ounces of gold annually over an initial 16-year mine life. Sandspring and Wheaton Precious Metals (formerly known as Silver Wheaton) entered into a precious metals purchase agreement for the Toroparu Project in November of 2013. Sandspring also holds a 100% interest in the Chicharron Gold Project located in the Segovia-Remedios mining district, Antioquia, Colombia. Additional information is available at www.sandspringresources.com or by email at info@sandspringresources.com. =
  13. This news might have helped the price move a few days ago, but not with ROX over $1.00 But ROXG gave back $0.06 to $1.05 yesterday, when GDXJ was up about 5% ROXGOLD ANNOUNCES TSX APPROVAL TO RENEW NORMAL COURSE ISSUER BID Toronto, Ontario – June 3, 2019 - Roxgold Inc. (“Roxgold” or the “Company”) (TSX: ROXG) (OTC: ROGFF) announces that its board of directors has approved the implementation of a normal course issuer bid ("NCIB") and a Notice of Intention to make a Normal Course Issuer Bid has been filed with, and accepted by, the Toronto Stock Exchange (the "TSX"). The Company is implementing the NCIB as it believes that from time to time the market price of Roxgold's Common Shares ("Common Shares") does not reflect the underlying value of the Common Shares. This belief is based on Roxgold’s excellent operational track record, highlighted by the recently announced first quarter gold production results of 33,652 ounces from the Company’s Yaramoko Gold mine (see press release dated April 29, 2019), which has resulted in Roxgold continuing to build a strong balance sheet with a March 31, 2019 cash balance of approximately $48 million. The NCIB will allow Roxgold to purchase Common Shares for cancellation if, in the opinion of management, the purchases can be made on terms which will enhance the value of the remaining outstanding Common Shares. The NCIB will commence on June 5, 2019 and will terminate on the earlier of: (i) June 4, 2020; and (ii) the date on which the maximum number of Common Shares that can be acquired pursuant to the NCIB are purchased. Purchases of Common Shares under the NCIB will be effected through the facilities of the TSX or alternative Canadian trading systems at the market price at the time of purchase. Roxgold may purchase up to 10,000,000 Common Shares under the NCIB (representing 2.70% of Roxgold’s issued and outstanding Common Shares), which is below the maximum allowed under TSX regulations of 18,495,215 Common Shares, such maximum being 5% of Roxgold’s issued and outstanding Common Shares as at May 21, 2019. . . . During the prior NCIB of the Company, which ended on May 1, 2019, the Company obtained approval to purchase up to 10,000,000 Common Shares and, out of that amount, purchased a total of 5,612,300 Common Shares at a weighted average price of $0.87 per Common Share through the facilities of the TSX and alternative Canadian trading systems. >
  14. Gran Columbia Gold (TSX: GCM) - The Cheapest Gold Miner? Interview with Serafino Iacono, Executive Chairman of Gran Colombia Gold. Stockhouse comment: RE:...:interview with Serafino Iacono great interview..a lot of things are going on... the news about Marmato , Zancudo and Venetuala are superb! .... AISC are high? please read the q1 financial report.. they are not high.. C1 cashcosts 570$ oz .. Segovia's total cash costs decreased to a historical low of $570 per ounce in the first quarter of 2019, down from $616 per ounce in the first quarter last year, benefitting from the increased volume of gold production this year that helped to further reduce its fixed production costs on a per ounce basis. Segovias total cash costs per ounce in the first quarter of 2019 also benefitted from the favourable impact of mining higher-grade material in the Company-operated area of the Providencia mine where the incremental production costs associated with the additional gold production attributable to the better grades were much lower. "The Companys AISC of $832 per ounce for the first quarter of 2019 included $7.2 million of sustaining capital expenditures attributable to the Segovia Operations, the major components of which included (i) $2.1 million for drilling under the Companys ongoing exploration campaign, (ii) $2.4 million for ongoing mine development, (iii) $1.3 million for the mines including continuation of the ventilation improvements at the El Silencio mine, further infrastructure upgrades at the Providencia mine, and underground equipment and infrastructure improvements at the Sandra K mine, (iv) $0.7 million associated with the expansion of the Maria Dama plant to 1,500 tpd which should be completed in the second quarter this year, together with costs associated with the new filter press, (v) $0.6 million for costs related to the ongoing construction activities at the new El Chocho tailings storage facility, and (vi) $0.1 million associated with the Segovia site facilities." / 2 / Giant . 400koz ar least with marmato coming . Venezuela Spinoff coming . Last aisc there , ( 2012 ) 250 usd . Very very cheap . Nice hope for Zancundo. (About this mine , rumors saying Iamgold could sell all theirs assets ) . Debt : 59 mil usd at the end of july equal to 7% of the prod . Stock price ridiculous . But everyone know it . Read more at https://stockhouse.com/companies/bullboard?symbol=t.gcm&postid=29774982#HijFTeLumQOOeZJF.99 Read more at https://stockhouse.com/companies/bullboard?symbol=t.gcm&postid=29776565#HHgfTL0tAIsfRcJY.99 === A Golden Opportunity in Gold Stocks is Upon Us Excerpt ...many Canadian speculators who made out-sized gains in the cannabis space, began to liquidate losing gold stock positions early this year to pay taxes by the deadline of April 30th. Moreover, many momentum traders and speculators continue to ignore most of the resource sector altogether. Although the GDX has not moved much over the past month, many juniors in the complex continue to be sold off, while others have seen trading volume slow to a trickle. This has created an excellent buying opportunity in the junior resource space for long-term, cashed up contrarians. Recent trading action in the precious metal’s equity complex is reminiscent to the environment of late 2015. The first leg of this nearly eight-year bear eventually ended with a six-month base in the GDX, which was formed during the last half of 2015. This strong bottom remains in place today and was created after losing over 80% of its value from all-time highs set in late 2011. More > https://www.kitco.com/commentaries/2019-05-31/A-Golden-Opportunity-in-Gold-Stocks-is-Upon-Us.html
  15. ROXG : still Rolling! C$1.11 + 0.07. 6.73% With GXDJ: $29.53 +1.03, +3.61%
  16. "Fres looks like it's starting to finally climb outside of its crater. This may indicate that silver has bottomed, or within a couple of weeks at most. " - Hector. Yeah, I agree Hector. I like the look of the FRES chart now FRES.L / Fresnillo ... update : w/slv-sil: Last: 768.00 +22.80, +3.06% : w/slv-sil: The others may have bottomed too ==
  17. Mysterious flashes of light observed on moon...
  18. SLV might have made a Low this week - but the Up channel is less convincing than the Down channel SLV -vs-GLD ... update : more lines THIS could work too - suggesting more downside
  19. I have been too early on the silver trade. They are both cheap now: both SLV and SIL, Use calls, in case the timing is wrong I have also looked at calls on the leverage AGQ. But they were illiquid
  20. DBA - Agriculture Fund -vs SLV / Silver ...fr.,mid-2013 : jul-2016 : $13.46 -0.19 / $16.53 +0.26 = r-81.4% : jul-2016 / Ratio: Oversold Bounce in Silver due immediately possibly?
  21. "It's going to be an interesting summer. If these lunatics do get there way and we end up staying in the EU it's going to lead to violence somewhere down the road if we are forced into EU political integration through some Parliamentary stitch up." Time to JUST GET OUT Get the F#!$ Out of the EU!
  22. I have bought HK10 (HLG), not HK101 Based on the #HLP shares it owns, HLG should be trading at 190% of HLP It does NOT trade that high because HLP has a higher dividend yield w/HLP : HK$21.05 vs H$17.38 = 121% at 5/28/19 Now down to near 120% - that is too big a discount to persist imho Chairman Ronny Chan sounded highly confident about the future of Luxury retail in China > VIDEO Jul.18: https://www.bnnbloomberg.ca/video/hang-lung-properties-chairman-expects-hong-kong-demand-to-be-strong~1450668 I am back to nearly my MAX size holding in HK10. Let's see how it goes from here. The Silver coorelation is, well, historic perhaps but not easy to explain, so it may come with lags, if at all. I own lots of Silver / SLV calls now too
  23. xx DIVIDEND FLOW: In 2018, HLG bot 87M HLP sh x $17.38= $1,512M Cost, now owns 57.6% HLP UPDATE: 5/28/19 / HLP @ $17.38 = HLPPY: US$11.09 / 57% $30.58 BV (57.62%: 2.59B) (x$0.75: $1.94B > Excess CF: $850M > HLG, Net Div. Flow / HLG @ $21.05 = HNLGY: US$13.18 (118.8%) / 33% $63.49 BV (100% : 1.362B) (x$0.80: $1.09B) / In 2018, HLG bot 87M HLP sh x $17.38= $1,512M, spending $662M more than Net Divs
  24. : Is Now An Opportune Moment To Examine Hang Lung Properties ... Yahoo Finance-16 May 2019 Hang Lung Properties Limited (HKG:101), which is in the real estate business, and is based in Hong Kong, received a lot of attention from a ... A question to answer is whether Hang Lung Properties's current trading price of HK$17.86 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Hang Lung Properties’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. The stock seems fairly valued at the moment according to my relative valuation model. I’ve used the price-to-earnings ratio in this instance because there’s not enough visibility to forecast its cash flows. The stock’s ratio of 9.94x is currently trading slightly above its industry peers’ ratio of 6.22x, which means if you buy Hang Lung Properties today, you’d be paying a relatively reasonable price for it. Hang Lung Said Selling Kowloon Industrial Building for HK$4B Mingtiandi-9 May 2019 Hong Kong-listed developer Hang Lung Properties is said to have agreed to sell an industrial building in Hong Kong's Cheung Sha Wan area ... Hong Kong-listed developer Hang Lung Properties is said to have agreed to sell an industrial building in Hong Kong’s Cheung Sha Wan area to a consortium of investors for HK$4 billion ($510 million), according to local media accounts citing sources familiar with the reported transaction. The developer known for its Plaza 66 commercial project in Shanghai and a host of Hong Kong residential developments has yet to announce a deal involving the building at 9 Wing Hong Street in the northwest Kowloon district, however, the sources cited in the story indicated that a statement is imminent. The 379,139 square feet (35,223 square meter) building, which is currently leased to office tenants, is the most valuable among a set of four assets which Hang Lung put on the market at the beginning of this year in a drive to raise capital as the developer undertakes new commercial projects in Hong Kong following a challenging 2018. Selling Properties After a 2018 Sales Slide Should Hang Lung receive the reported compensation for the 35-storey tower, it would be equivalent to a price of just over HK$10,550 per square foot for the building where office units are currently listed at rates of HK$24 per square foot per month. The building, which has three floors of parking below 35 storeys of office space has floor plates ranging from 9,500 to 12,017 square feet. Hang Lung’s Ronnie Chan looks pleased to have found a buyer for one of his Kowloon properties The 1997 vintage building is located around 200 metres from the Lai Chi Kok subway station and the property has already been approved for commercial use. In February of this year, local media reported that Hang Lung, in a bid to offload non-core properties, had appointed an agent to sell a set of four assets for a total of HK$9 billion in a tender scheduled to end in April. Why Hang Lung Properties Limited's (HKG:101) High P/E Ratio Isn't ... Simply Wall St-21 May 2019 Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical, we'll show how Hang Lung ... Theoretically, a business can improve its earnings (and produce a lower P/E in the future) by investing in growth. That means taking on debt (or spending its cash). Such spending might be good or bad, overall, but the key point here is that you need to look at debt to understand the P/E ratio in context. So What Does Hang Lung Properties’s Balance Sheet Tell Us? Net debt is 26% of Hang Lung Properties’s market cap. You’d want to be aware of this fact, but it doesn’t bother us. The Verdict On Hang Lung Properties’s P/E Ratio Hang Lung Properties’s P/E is 9.8 which is below average (11.2) in the HK market. The debt levels are not a major concern, but the lack of EPS growth is likely weighing on sentiment. Investors should be looking to buy stocks that the market is wrong about...
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