He has been warmly embraced in the DRC and in South Africa, judging by the reception he received at last week’s Joburg Mining Indaba. Unbeknown to this naïve South African, Taleb’s best-selling Fooled by Randomness had given him guru status among “hedgies”. During a briefing ahead of the Joburg Mining Indaba, the organisers chatted about how best to use their star attraction, billionaire Canadian mining entrepreneur Robert Friedland.But before he passed away, Apple’s creator Steve Jobs warned against listening to Friedland, nce a fellow student at Reed University, now the world’s premier promoter of mining projects. Two years later The Black Swan accurately predicted the Global Financial Crisis. They eventually decided he’d talk at lunch on the opening day. But, intrigued, arrived early, found a good seat and waited." I was chairman and CEO of Galactic Resources for a number of years, a Canadian company with 20 or 30 operating subsidiary companies," he said. He could no more expect to have known what was going on at Summitville, he told Maclean's in May, than the chairman of Exxon Corp.would be apprised of "pipe breaks in an oilfield in Azerbaijan." But little Galactic Resources was no Exxon. Environmental Protection Agency and department of justice have stepped up their efforts to nail Friedland to the wall.Mining entrepreneur Robert Friedland is, well, interesting.
" The line of query had not been terribly abstract.
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and its ill-fated Summitville gold mine in Colorado?
He did not like the question, and fumbled at first with an answer.
"You goin' to Buckhead where the rich people live," the cabbie observes.
" You goin' to Buckhead where the rich people live," the cabbie observes.
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Some are sneakered; many sport a Brinks-load of gold jewelry. They are long-term believers in gold, and they love the hit, when it comes, from a runup in a junior stock.
And so, while their political sensibilities heighten the appeal of a scheduled appearance by Georgia boy Newt Gingrich, they are really here to touch the mantle of Robert Friedland, stock promoter nonpareil.