Last updated: 11 May 2025
Definitions
Company (referred to as either “the company”, “We”, “Us”, “I” or “Our” in this disclaimer) referred to The Shareholder Report or T$R, Ontario (Canada).
Service refers to the Website and what it offers.
You means the individual accessing the Service, or the company, or other legal entity on behalf of which such individual is accessing or using the Service, as applicable.
Website refers to The Shareholder Report, accessible from the following websites (includes all subdomains such as https://member.tsr-d4.com):
https://tsr-d4.com
https://tsrd4.com
https://theshareholderreport.com
The Shareholder Report includes everything associated with it (websites content, reports, emails, social media accounts, etc.).
Purpose
The Shareholder Report was created for entertainment and informational purposes only by a shareholder of the companies being profiled or mentioned.
Independent & Biased
The Shareholder Report only initiates the coverage of companies without any compensation if certain investment criteria are met. Only after independently profiling a company for an extensive period does the Shareholder Report accept compensation for content creation.
If being compensated for the creation of content and to remain as independent as possible, The Shareholder Report creates the content and distributes it without approval from the company. The Shareholder Report independently chooses the topic and creates the content without any guidance or input from the company.
Regardless of compensation, the writer’s bias stems from their ownership of the companies they profile or discuss. In some cases, the writer is biased because they were paid to create the content. Refer to the disclosure for further information.
Background & Experience
The writer is not a geologist; he has never worked in the mining industry and has no formal experience or education in geology. The writer is a self-educated resource enthusiast with over two decades of personal investment experience in the mining exploration sector.
The writer has no formal experience or qualification as a securities analyst, stockbroker, investment advisor, or anything related to investing qualifications.
Content
The Shareholder Report contains simple comparisons & calculations, often using assumptions & estimates to demonstrate some of the easily calculated potential.
While the writer strives to provide accurate information, inaccuracies, mistakes, misinterpretations, and omissions can occur. The Shareholder Report cannot guarantee the accuracy of the posted information. The Shareholder Report and the writer accept no responsibility for the accuracy of its content. The Shareholder Report and the writer cannot be held liable should issues arise. The reader is cautioned to conduct their own due diligence and seek advice from a qualified investment advisor in their jurisdiction.
The Shareholder Report is for entertainment and informational purposes only. It must not be viewed or interpreted as “buy,” “sell,” or “hold” recommendations. The content is not investment advice and must not be relied upon in any way. Since The Shareholder Report content pertains to publicly traded securities, consult a licensed investment advisor in your jurisdiction before investing.
The Shareholder Report is not responsible for any special, direct, indirect, or other types of damages that may happen from using its service or content, whether it’s due to a contract issue, negligence, or something else.
The company reserves the right to make additions, deletions, or modifications to the contents at any time without prior notice.
You assume full responsibility for any actions or decisions you take based on content from The Shareholder Report. There is no guarantee that the companies being discussed will succeed. There are many external factors that can influence a company’s share price that are out of a company’s control.
The Shareholder Report’s investment strategy and investment style are extreme. The writer has had success with this controversial style and strategy, but no qualified investment advisor would agree with them.
The Shareholder Report may contain certain information that constitutes forward-looking statements. Forward-looking statements used by The Shareholder Report include, but are not limited to, the opinions and beliefs of the writer. Forward-looking statements are frequently characterized by words such as “plan,” “continue,” “expect,” “project,” “intend,” “believe,” “anticipate,” “estimate,” “may,” “will,” “potential,” “predict,” ” should,” “propose,” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions.
Due to the nature of speculation on stocks, many assumptions are used in drawing the conclusions or making the projections contained in the forward-looking statements. Forward-looking statements are based on the opinions and estimates of the writer at the date they were made and are subject to a variety of risks, uncertainties, and other factors that could cause actual events or results to differ materially from those projected in the statements. These factors include inherent risks involved in the exploration and development of mineral properties, uncertainties involved in interpreting drilling results and other geological data, fluctuating metal prices, and others described above.
Third-party comments posted on The Shareholder Report website or on any other social media account by others not associated with The Shareholder Report are out of the control of The Shareholder Report. These third-party comments do not necessarily reflect the views or opinions of The Shareholder Report. The Shareholder Report’s social media likes and shares are not an endorsement of the content.
The Shareholder Report’s views, opinions, and material do not necessarily represent the opinions or views of the companies under discussion.
Any content by The Shareholder Report is not intended to malign any religion, ethnic group, club, organization, company, individual, or anyone or anything.
The reader is cautioned to not place any reliance on anything from The Shareholder Report. You cannot, nor can anyone on your behalf, sue The Shareholder Report, the writer, or anyone associated with The Shareholder Report for reliance on the contents or information.
The Shareholder Report reserves the right to terminate what it does at any given time.
The Shareholder Report reserves the right to deny access to the membership section or the whole website for any reason. If you are a paying subscriber and your access is terminated without having broken the Terms of Use, a full refund of the last subscription payment will be reimbursed.
All original content that The Shareholder Report produces is copyrighted and cannot be reproduced, forwarded, shared or photocopied in any way without prior consent or permission. Everything in the member only areas where one must be logged in to view the content must not be shared, copied or saved. Anything that is open to all visitors and does not require being logged in can be shared if the website link is provided and proper credit is provided.
The Shareholder Report reserves the right, in its sole discretion to change its Terms of Use, Privacy Policy, Disclosure and Disclaimer without prior notice. The most current versions supersede previous versions. You are responsible to ensure that you are always in agreement with these documents. To assist with tracking the revisions, dates indicating when they were last revised will be placed at the top of each of these pages. Continued use of the website indicates that you are in agreement with the new changes. You are responsible to ensure that you are up to date on the most recent versions of the Terms of Use, Privacy Policy, Disclosure and Disclaimer agreements (all located under the “WEBSITE INFO” Section. Use of the website means you are in agreement with the Terms of Use, Privacy Policy, and the Disclaimer agreements.
The Shareholder Report reserves the right to change its investment style, investment strategy, what it does, its services, and anything it does at any time without prior notice.
The Shareholder Report does not warrant that the service is free of viruses or other harmful components. Despite the Shareholder Report’s serious commitment to privacy and security, modern technology does not guarantee it. The Shareholder Report monitors the website and uses security plugins that take action when it notices suspicious incidents. As a website owner that monitors website traffic, The Shareholder Report is regularly accessed by malicious bots that attempt to hack its website.
The service contains links to external websites that are not provided or maintained by or in any way affiliated with The Shareholder Report. Please note that The Shareholder Report does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites.
The Shareholder Report may use copyrighted material that has not always been specifically authorized by the copyright owner based on the Canadian Copyright Act’s definition of “fair dealings.” The company believes what it used constitutes as “fair dealings.” If you wish to use copyrighted material from the service, you must obtain permission from the copyright owner.
The Shareholder Report may contain views, opinions, beliefs, conclusions, deductions, etc., which are those of the authors and do not necessarily reflect the position of any other author, agency, organization, employer, or company, including The Shareholder Report.
Comments published by users of the website are their sole responsibility and the users will take full responsibility, liability, and blame for any libel or litigation that results from their comments. The Shareholder Report is not liable for any comment published by users and reserves the right to delete any comment for any reason whatsoever.
In no event shall The Shareholder Report or its suppliers be liable for any special, incidental, indirect, or consequential damages whatsoever arising out of or in connection with your access or use or inability to access or use the service.
All information in the service is provided “as is,” with no guarantee of completeness, accuracy, timeliness, or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance.
The Shareholder Report will not be liable to you or anyone else for any decision made or action taken in reliance on the information from The Shareholder Report or for any consequential, special, or similar damages, even if advised of the possibility of such damages.
As of March 2025, The Shareholder Report started to use QuillBot (link) to improve its writing. The Shareholder Report writes its content and may use QuillBot to improve what it wrote.
The Shareholder Report content and services are only offered in Canada. The company does not represent that the company content or the company services are appropriate (or, in some cases, available) for use in other countries. If you use the company website or the company services, you agree that you do so on your own initiative, you are using it at your own risk, and you are responsible for complying with your local laws as applicable. Since the content and services are only for people in Canada, you cannot apply, use, or enforce the laws of another country against the company, the writer, or anyone associated with the company. Use of the company’s websites, content, or services indicates that you are complying with the local laws that apply to you, and you are using the company’s services at your own risk.