Sunday, August 23, 2020

Learning Log Essay Example | Topics and Well Written Essays - 2000 words

Learning Log - Essay Example The circumstance makes it hard for the meeting Chinese to appreciate. This thought affected the proprietors of this café to make a chance to the Chinese in heart of London. Numerous customers visiting the eatery have commented that the café has empowered them to secure the best in a remote land. The eatery regards and advances Chinese culture. Gathering of customers who visit this café would confirm the above certainty. The café area is heart English land where one would hope to meet the English culture. Be that as it may, the uniqueness of the eatery stem up from the way that it pulls for the local culture of the Chinese. This is the best that an individual would envision particularly when an individual has been longing for experience the local culture. Language is a part of culture, which impacts every single other movement in the general public. The cafés favor tending to its Chinese guests in Chinese language and different guests in the most proper language (Touro). The thou ght is to shield the business from neglecting to provide food for the enthusiasm of the general public. Serving the requirements of Chinese individuals just as the necessities of the individuals who grasps the Chinese culture is the sole target of the café. This goal is apparent through the drawn out assistance that the eatery has offered to the general public since its beginning in 1890s (Chongqing Expat Club, 2008:3). ... Today the practices in the café show regard for the Chinese culture. Human culture varies inferable from the way that individuals live in different topographical districts. The practices saw in London by Londoners are vastly different from practices of Chinese in Beijing. How the texture that framed the establishment of the eatery foreseen to convey the practices alive. My situation at Chongqing San Jia Xiang eatery presented me to two occasions; first, practices my relational abilities in a worldwide domain second to hold pressure. The eatery offers administrations to global visitor visiting or living in London. Correspondence is a vital apparatus in the accommodation business that directs the number customers. Customers visiting different recreational offices are quick to gathering in their new condition. The eatery offers a warm gathering to individuals (Touro). Presentation to new condition offers an open door for learning new methodologies. I was not a special case to this acti vity. I needed to get customers, tune in to their requests and react. The experience was acceptable in light of the fact that the administration figured out how to impact my response at whatever point I misjudged the customers. Individuals have various capacities yet they need administrations. It implies I needed to create abilities of reaction just as aptitudes of remaining calm at whatever point the requests were out of my taste. The association concern advances a domain where an individual might learn. Individual’s introduction impacts ones capacity to deal with customers. The eatery the board and staff made a domain, which urges a person to be adequate. The eatery holds routine departmental gatherings, which targets dissecting and taking care of issues of the laborers. The

Saturday, August 22, 2020

Botany of a City Essay

The account of every network can be dictated by its vegetation. Vegetation can figure out what will possess the region and what the economy will flourish with. Atlanta, Georgia is no special case. At the point when the primary European travelers arrived at the upper Piedmont of Georgia, it was at that point possessed by Creek Indians, otherwise called the Muskogee. The Creek Indians accepted that there were otherworldly powers ascribed to every single common thing. They utilized numerous plants in recuperating the wiped out and furthermore accepted that there were plants that would furnish them with more prominent chasing powers. Most of Creek domain was situated in the sloping Piedmont. The vegetation was an oak-pine timberland, made out of a blended development of oak, pine, sassafras, chestnut, and hickory trees. In Indian Territory, Creek lands were a mosaic of oak forest, tall-grass grassland, and bottomland hardwood woods changing to a blended long and short-grass grassland on the western fringe of their area. The main part of the zone incorporated a forested belt known as the Cross Timbers. â€Å"Creek Indians decided to settle in stream bottomlands, and attempted to maintain a strategic distance from the vigorously wooded and tall-grass grassland regions. They supported zones that gave solid wood qand water sources. Constrained horticulture, far reaching domesticated animals farming, and progressively scattered inborn towns kept on portraying the Creek scene. † (Swanton, 2000) This inhabitation of the Creek Indians stretched out into the mid 1800s. The Decatur zone was treatied over from the Creeks in 1820. Numerous individuals accept that Native Americans left the woodlands practically immaculate; be that as it may, this isn't accurate. Local Americans cleared, cultivated, and consumed the scene of Georgia, in certain territories extraordinarily affecting and changing the regular scene. In the Atlanta region, indigenous populaces obviously never accomplished sizable numbers. Thusly, their effect on the current Atlanta scene most likely was negligible. (Swanton, 2000) Many plants local to the Atlanta region were utilized by both the Indians and others for their restorative worth. The cornus florida (Dogwood tree) is a blooming tree that will arrive at a stature of 25 feet at development with a 25 foot spread. An assortment of Dogwood trees can be found all through the nation, yet the red Dogwood is increasingly regular toward the southern locales of the nation. The red Dogwood develops in acidic, loamy, sodden, rich, sandy, very much depleted, dirt soils. The red Dogwood has red blossoms that show up in the spring. This tree has reflexive, red natural product eaten by flying creatures when matured in the fall. Blooming dogwood was utilized restoratively by various local North American Indian clans who esteemed it particularly for its astringent and antiperiodic properties. The dried root-bark is antiperiodic, astringent, diaphoretic, somewhat energizer and tonic. The blossoms are said to have comparable properties. A tea or color of the astringent root bark has been utilized as a quinine substitute to treat intestinal sickness and furthermore in the treatment of interminable looseness of the bowels. The bark has likewise been utilized as a to treat outside ulcers and wounds. The internal bark was bubbled and the tea alcoholic to diminish fevers and to reestablish a lost voice. A compound mixture of the bark and the root has been utilized in the treatment of different youth maladies, for example, measles and worms. It was regularly utilized as a shower. The natural products are utilized as a harsh stomach related tonic. The 1830s to the 1930s was the hour of incredible development of horticulture in the Georgia Piedmont. Cotton was an essential yield and land that was level enough to furrow became horticultural land. Indeed, even zones of woods were cleared for the creation of cotton. This left the ground unprotected from disintegration and the loss of topsoil. Cotton as a yield depletes the dirt of supplements and during the 1930s the dirts got poor. Numerous homesteads failed and ranchers surrendered their fields. It wasn’t some time before the pines immediately recovered most fields, and ranger service turned into the agribusiness of the Piedmont. Pines could get by in the poor soils, and the Piedmont step by step reforested, in spite of the fact that it has not come back to its unique state. From 1930 to 1960, Atlanta gradually developed from an essentially rural and country city to a huge urban city. Further development occurred from 1965 to introduce. This timeframe saw colossal private, mechanical, and transportation development. Atlanta turned into the incredible universal city that it is today. This extension disposed of a large number of our trees, changed seepage designs, expanded impermeable surfaces, and divided and secluded territory patches. (Livingston and Shreve, 1921) Cotton was an essential contributing variable to the development of Atlanta’s horticultural industry. Cotton develops in a warm atmosphere, with rich soil. Cotton requires a 160-day ice free developing period. Cotton is one of a kind in that the whole plant can be used in various ways. The fiber or build up is utilized in making cotton fabric. Linters give cellulose to making plastics, explosives, great paper items and prepared into batting for cushioning sleeping pads, furniture and vehicle pads. The cotton seed is squashed and isolated, with the oil being utilized for cooking, and the structures being utilized as feast for domesticated animals, or manure. Cotton is a work serious yield and extended the job of subjection in the south. Without the utilization of slave work, it is far-fetched that ranchers would have had the option to deliver enough cotton to endure. Preceding the Civil War, the cotton business was tested as slaves and land turned out to be progressively costly and harder to discover. Ranchers attempted to plant cotton anyplace they could discover, utilizing even poor soil. Cotton developing was ending up being productive and any individual who could participate in the business did. With the utilization of slave work and the blast of the cotton business, there turned into a division of class and race in Atlanta’s society. (www. georgianencyclopedia. com) As a backbone of the Atlanta agribusiness, cotton articles turned into a route for Atlanta to pull in guests and extend their economy. Atlanta held its first cotton work, the International Cotton Exposition in 1881. The motivation behind the composition was to extend exchange, and lift the economy. The International Cotton Exposition was host to in excess of 200,000 individuals and went on for over two months. The individuals who advanced and facilitated the article were doing as such to grow the economy and make a modern community in Atlanta. The wild rivalry in the cotton business would likewise prompt the downfall of the Atlanta open country, as ranchers leveled backwoods so as to make more land for the cultivating of cotton. (Parkins, 1938) The yellow pines assumed a significant job in the advancement of the railroad in Atlanta and the railroad accommodated the development and extension of Atlanta and its economy. It was the development and extension of the agribusiness encompassing Atlanta that made the requirement for extension in the transportation business, specifically the railroad. Successful and effective transportation was required. Atlanta was developing at rate quicker than some other southern city. Rivalry between networks in the south moved the development of the railroad to Atlanta. Neighborhood government officials knew that transportation would accommodate financial flourishing. Atlanta was given railroad associations with the seacoast in 1845. Atlanta’s development was to some extent because of its geographic area. The formation of the southern end of the principal railroad in northern Georgia, the Western and Atlantic, fixed its area and it turned into a junction of railways in the mid 1850’s when a line was manufactured northwestward from Augusta and another from Atlanta to Montgomery. The railroad likewise carried with it challenges during the Civil War. As a focal center point, it was the seat of enormous fabricates for the Confederate armed force and a station for provisions, and supported major harm during the war. The railroad gave Atlanta a capacity to keep up its exchange with the world. (Parkins, 1938) Atlanta was wealthy in assets to help with building the railroad. The yellow pines were utilized as railroad ties and gave wood to development. The Longleaf Pine is an evergreen that develops for the most part along the southern outskirt and the western edge of the United States. In its develop state it will 60 to 80 feet in stature, with a 30 to 40 foot spread. The Longleaf Pine develops in soluble, loamy, rich, wide range, mud soils. The Longleaf Pine flourishes in full sun to fractional shade. The Longleaf Pine trunk has textured, coarse, light, orange-earthy colored bark with upstanding branches shaping an oval, open crown. The adaptable, dim green needles are up to 18†³ long, and the huge, prickly cones are up to 10†³ long and may endure on the tree for a long time. For the initial five to seven years, the pine remains in a tufted, grass-like stage after germination, developing gradually while the root framework creates. It is dry spell lenient once the tree is set up. Following the grass stage, it develops at a medium to quick rate. The inch long bunches of new development are silver white throughout the winter. The roots are delicate to unsettling influence during development. This tree gives food and spread to natural life, including the now imperiled red-cockaded woodpecker. Squirrels, quails, earthy colored headed nuthatches, and turkeys eat the seeds. (www. georgianencyclopedia. organization) Today just 3 million sections of land over the South contain some longleaf backwoods, and of that just around 12,000 dissipated sections of land hold an old-development part with an organically differing understory. One examination gauges that Georgia kept up in excess of 4 million sections of land of longleaf backwoods in 1936, while only 376,400 sections of land stayed in 1997. The longleaf pine is viewed as the prevailing tree species in this biological system and is basic to its reality. It is in its understory where the decent variety of this framework exists and has in this manner been compromised. â€Å"In reality, the longleaf pine, field timberland likely could be the most various North American environment nort

Friday, August 21, 2020

Who Benefited Most From The Crusades Essay Example For Students

Who Benefited Most From The Crusades Essay In the time of our ruler 1095, Pope Urban II began what we know as the Holy Wars or the Crusades. Over the period from 1095-1464, a progression of military endeavors were battled to reclaim the Holy Land, Jerusalem, from the Seldjuk Turks. There were eight campaigns which were prodded for various reasons by a wide range of individuals that left an enduring impact to the world. These long stretches of slaughter were driven by men of influence to bring cash, avarice, and notoriety to themselves to the detriment of others. Despite the fact that it brought an enduring disquiet between the two religions, however exchange with the East expanded and feudalism turned out to be rare. The crusaders neglected to recapture the Holy Land, yet the Eastern associations opened Europe to a more brilliant comprehension of hopeful methods of living and thinking. This started the development of present day Europe. We will compose a custom exposition on Who Benefited Most From The Crusades explicitly for you for just $16.38 $13.9/page Request now Outline: The pioneers and the resultsDuring the Middle Ages, Christians visited Palestine, known as the Holy Land, which was where Jesus Christ had lived. The Muslims had caught this land from the Christians, yet at the same time permitted strict journeys. Towards 1071 the furious Seldjuk Turks began overcoming the East. The Turks had become Muslims (), yet the Turks made it hard for Christians to arrive at the blessed spots. The military endeavors arranged and battled by western European Christians that started around 1095 are referred to today as the Crusades. The spirit motivation behind these campaigns was to surpass and oversee the Holy Land, Jerusalem, from the Muslims. Deus vult! (God wills it!) was the call to war of the a huge number of Christians who took part in case of the Crusades. It was Christian conviction that destiny was to deal with the Holy Land for the magnificence of God. The birthplace of the Crusades was a consequence of the Turkish extension in the center eas t; the Turks attacked the Christian domain, Byzantium, and in this way the crusaders were conveyed to recuperate the land which was legitimately theirs. Around 1071 the savage Seldjuk Turks began vanquishing the East. The Turks had become Muslims (), yet the Turks made it hard for Christians to arrive at the blessed spots. The Turks chose to proceed with their rule of fear. In 1095, Byzantine Emperor Alexius I Comnenus asked Urban II, pope of the Roman Catholic Church, for help with battling the Turks (). Urban II concurred with two objectives at the top of the priority list to protect Christianity against the Muslims and to recuperate the Holy Land. The main campaign was started by Pope Urban II. On November 27, 1095, Pope Urban lectured his supporters outside the city of Clermont-Ferrand about the move which expected to make place. Lecturing words about how God would lead the way since they would accomplish his work, Pope Urban encouraged move to make place. In light of his discourse, the individuals cheered and arranged their campaign to recapture control of the lost city. Urban brought all the ministers and asked them to support their companions and individual residents to partake in the undertaking. Little self-coordinating gatherings started to shape, each arranging their own way to Constantinople; that was the place they would meet and structure solidarity. Their arrangement was to assault the Turkish powers in Constantinople and recapture control of the city. The Christian armed forces talked with the Byzantium ruler, Alexius I Comnenus, and consented to restore any of the old land that was recovered. The militaries were uncertain about this understanding, nonetheless, they consented to the settlement at any rate. The primary assault by the crusaders was on the Turkish capital, Anatolian. During a similar time allotment, the Byzantians were additionally making an endeavor to recover the city of Anatolian. The Byzantians utilized the campaigns to further their potential benefit to accomplish their objective in catching the city. Later in the year, Anatolian gave up the city to the Byzantians, not the crusaders. The crusaders at that point met indeed and together vanquished the Turkish armed force, scoring an extraordinary triumph. A short time later, the crusaders proceeded to catch the city of Antioch, and afterward proceeded onward to their essential goalJerusalem. Jerusalem was under substantial watchman by the Egyptians at the timeframe when the crusaders were going to make their assault. The crusaders set up attack machines and

The Chained Women: When Religion and the State Intersect :: Free Essays Online

The Chained Women: When Religion and the State Intersect At the point when Israel was considered as a Jewish state, questions emerged over the division between the strict and the mainstream. Judaism is grounded in halakha, a point by point set of laws which guides perceptive Jews, yet banter proceeds about whether Israel ought to receive these strict laws to administer a to a great extent common populace. Logical inconsistencies exist between the old laws and present day standards, particularly with respect to women’s rights. Most created states endeavor to institute laws that treat people decently, however in Israel, where the rabbinical courts despite everything hold fast to old Jewish law, women’s rights endure. Separation laws specifically give men extreme control over their spouses, bringing about huge quantities of ladies being denied their fundamental human right to marriage and family. As indicated by halakhic law, a marriage must be ended in two different ways: the demise of a life partner, or the giving of a get. A get is a proper articulation of separation which must be allowed by the spouse to his significant other, and he can decline to give a get uncertainly. Until a get is both given and acknowledged, the spouse stays an agunah, a binded lady. She can't remarry, and any youngster destined to an agunah turns into a mamzer, a fatherless kid (Haut 17). A spouse who retains a get is blameworthy of damaging Article Sixteen of the Universal Declaration of Human Rights (the privilege to marriage and family), yet isn't disregarding halakhic law and has the help of the rabbinical courts in Israel. Typically giving and tolerating a get is a normal piece of separation procedures in Israel, however a get is here and there utilized as a bartering device during a separation. A man can decline to discharge a â€Å"chained woman† until he gets a separation settlement he likes. In the event that she will not acknowledge an uncalled for or belittling settlement, at that point she stays an agunah. As per the Israel Women’s Network, â€Å"estimates of the quantity of ‘anchored’ ladies in Israel today change, the rabbinate guaranteeing that there are ‘only’ somewhere in the range of 500, while women’s associations guarantee that there are thousands† (IWN).

Wednesday, July 8, 2020

Investment Positives Investment Risks Technical Risks Finance Essay - Free Essay Example

Mineral exploration and development involves a high degree of risk, as not all properties being explored can be ultimately developed into producing mines. The company is presently focused on the exploration and development of its flagship Banfora gold project in Burkina Faso, West Africa. New mines often face a few development/commissioning issues, which need to be addressed. As the project is strategically located in a major gold producing district in the south-west of Burkina Faso, the home to several world class gold deposits, we do not foresee any major issues with the development of the project. However, any unforeseen circumstances could lead to delays in the development. The Banfora gold project is presently in the exploration-stage, and the planned drilling activities are underway at the new satellite targets to upgrade the current inferred resources level. Towards this, the company anticipates a new resource estimate during 2010, followed by desktop and scoping study reviews by end-2010. The companys future success depends on the successful discovery of additional mineral resources and economically recoverable ore reserves. Once the new resource estimation, desktop and scoping studies are complete, our confidence in the project will further increase. Foreign exchange risks GRY is headquartered in Perth (Western Australia), but mainly focused on the exploration and development of its Banfora gold project in Burkina Faso. Accordingly, a major portion of its expenses (exploration costs) are incurred in US dollars and Burkina Faso Cefa. Any significant change in currency exchange rates between the Australian dollar relative to the US dollar and Burkina Faso Cefa may impact the companys results. The company doesnt have a formalized foreign currency risk management policy so far; rather monitors its foreign currency exploration commitments taking into account exchange rate movements. Availability of capital Over mid Aug-09 to mid Jan-10, GRY raised total gross proceeds of A$22.0 MM through private placements, which has significantly strengthened its cash position, should support all near-term exploration plans at the Banfora project. However, the company will require substantial amount of funding for the development of its Banfora project in future. As the company doesnt have positive operating cash flow, it will remain dependent on private placements and external borrowings to raise the required financing. In turn, the availability of financing depends on the progress/outcome of its Banfora project, investor perceptions/expectations, and the prevailing conditions in the financial metals markets. If the company is unable to arrange the required funding on time, this may adversely impact its future exploration and development plans. CORPORATE OVERVIEW A junior gold explorer mainly focused in West Africa Gryphon Minerals Ltd. (GRY) is a Perth-based mineral exploration company, primarily focused in the exploration and development of gold deposits in West Africa. The company has been actively exploring and developing its 100%-owned flagship Banfora gold project, a green field discovery in Burkina Faso. In addition to the Banfora gold project in Burkina Faso, the company also owns three gold projects (Radio, Duggan, and Eastern Goldfields) and four sulphide nickel projects (Collurabbie South, Mount Rankin, Mount Windarra, and West Bendering) in Australia. However, the companys shareholders, recently during Apr-10, approved to divest the non-core Australian assets to unlock value of those assets, and to allow the management to mainly focus on the core Banfora gold project and the West African growth plans. The company has four wholly-owned subsidiaries in Australia (Gryphon Minerals West Africa Pty Ltd., Gryphon Minerals Burkina Faso Pty Ltd., Gryphon Uranium Pty Ltd., and Espial Miner als Pty Ltd.) and one wholly-owned subsidiary in Burkina Faso (Gryphon Minerals Burkina Faso Sarl). The companys shares are listed on the Australian Securities Exchange (ASX) under the symbol GRY. 100%-owned Banfora gold project the flagship project of Gryphon Minerals The companys flagship Banfora gold project is strategically located in a major gold producing district in the south-west of Burkina Faso, West Africa, which is home to several world class gold deposits such as Rangolds Tongon deposit (4.2 Moz Au) about 30km to the south of the project, Resolutes Syama deposit (5 Moz Au mined and 6.5 Moz Au in resources) about 50km to the west of the project, and Rangold/Anglo Ashantis Morila deposit (6.5 Moz Au) about 75km to the north west of the project. The project consists of five continuous exploration licenses covering a large land package of about 1,200 sq. km., and encloses the highly prospective and unexplored Loumana Birimian greenstone belt within Burkina Faso. The project is currently home to a JORC-compliant inferred mineral resources of 14 Mt @ an average Au grade of 2.4 g/t containing 1.1 Moz of Au resources, however, the management views the current defined resource estimate as an interim estimation with significant potential for di scovery of multi million shallow gold ounces from the on-going drilling programs at the satellite targets. Shareholders recently approved to divest non-core Australian assets During Apr-10, GRYs shareholders approved to divest the companys non-core Australian assets to a Western Australia-based newly established gold exploration company, Renaissance Minerals Ltd. (Renaissance). This divestment strategy will not only help to unlock value of its non-core Australian assets, but also will allow the management to solely focus on its flagship Banfora gold project as well as West African growth plans. As part of the divestment strategy, the company has agreed to sell four of its Western Australia-based projects (Radio, Eastern Goldfields, Collurabbie South, and Mount Rankin) in consideration for 10 MM shares (approximately 18% interest) in Renaissance and re-imbursement of up to A$0.2 MM in cash for past exploration expenditure. However, this proposed sale of assets is subject to Renaissances receipt of approval for listing on the ASX and successful raising of about A$5 MM (the necessary capital to commence further exploration at these assets). On April 16, 20 10, Renaissance filed a prospect for an initial public offer of 25 MM shares at an issue price of AS0.20/sh, to raise a gross proceeds of A$5 MM, with the option to allot over-subscriptions of up to an additional 5 MM shares. According to Australian Stock Exchange (ASX), Renaissance is expected to list on the ASX on May 28, 2010 under the symbol RNS. Cash position strengthened with recent private placements Over mid Aug-09 to mid Jan-10, GRY raised a total gross proceeds of A$22.0 MM through private placements, which has significantly strengthened its cash position, should support all near-term exploration plans at the Banfora project. During mid Aug-09, GRY completed a private placement with International Finance Corporation (IFC) and raised gross proceeds of $2.0 MM through issuance of 10.0 MM ordinary shares at an issue price of A$0.20/sh. Later, over late Nov-09 to mid Jan-10, the company also completed two tranches of private placements with a number of Australia, UK, and North America based institutional investors and raised total gross proceeds of A$20.0 MM through issuance of an aggregate 40.0 MM ordinary shares at an issue price of A$0.50/sh. The company intends to use the net proceeds of the aforesaid private placements for funding its ongoing drilling program targeting further enhancement of resources level at the Banfora project. Won Explorer of the Year Award for 2009 In Jan-10, GRY was honored with the prestigious Explorer of the Year Award for 2009 by the highly regarded Gold Mining Journal magazine for surpassing a million ounce gold resource estimate. Picture XX: Gryphon Minerals location map of Banfora gold project Source: Gryphon Minerals Ltd., Picture XX: Gryphon Minerals location map of Australian projects Source: Gryphon Minerals Ltd., Table XX: Banfora gold project quick overview Project/mine Name: Banfora Gold Project Location Burkina Faso, West Africa Ownership 100% Type of Mine Primary Metal Gold Secondary Metal Throughput Yet to be determined Production Expected mine life (years) Reserves Inferred Resources 14 Mt at 2.4 g/t Au (1.1 Moz) Current Status in development Source: Gryphon Minerals Ltd., Table XX: Gryphon Minerals summary outlook for production and financial performance Ticker(s) GRY:ASX Shares outstanding (MM) 216.0 Fully-diluted shares outstanding (MM) 224.0 Average Daily Volume (000s) 823.0 Head office Perth, Western Australia Location of projects Banfora Gold Project, Burkina Faso, West Africa Gold reserves and resources  Reserves (Moz) Inferred Resources (Moz) 1.1 Average expected mine life based on reserves Banfora Yet to be determined Total gold production (Koz) FY2010E FY2011E FY2012E FY2013E Cash cost (US$/oz) FY2010E FY2011E FY2012E FY2013E Source: Gryphon Minerals Ltd., OPERATIONS and PROJECTS Banfora Gold Project, Burkina Faso, West Africa Strategically located in a major gold producing district in the south-west of Burkina Faso GRYs flagship Banfora gold project is strategically located in a major gold producing district in the south-west of Burkina Faso, West Africa, which is home to several world class gold deposits such as Rangolds Tongon deposit (4.2 Moz Au) about 30km to the south of the project, Resolutes Syama deposit (5 Moz Au mined and 6.5 Moz Au in resources) about 50km to the west of the project, and Rangold/Anglo Ashantis Morila deposit (6.5 Moz Au) about 75km to the north west of the project. The project consists of five continuous exploration licenses covering a large land package of about 1,200 sq. km., and encloses the highly prospective and unexplored Loumana Birimian greenstone belt within Burkina Faso. Since the commencement of exploration program at the project during 2006, about 90% of all the drilling activities have been focused at the Nogbele and Fourkoura gold deposits, and so far the companys regional program and soil geochemistry have covered only half of the total project area. In turn, the company has also identified several high priority satellite targets, which offer potential for discovery of world class gold deposits at the Banfora project similar to those of other major gold deposits in West Africa. Picture XX: Banfora gold project strategically located in a major gold producing district in Burkina Faso Source: Gryphon Minerals Ltd., Offers relatively lower cash costs advantage Given the Banfora gold project strategically located in Burkina Faso, West Africa, the project offers potential for relatively lower cash costs advantage compared to other major gold producing regions worldwide. The cash costs in West Africa stands at about A$450/oz vis-à  -vis about A$600/oz in Australia. ÃÆ' ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒâ€šÃ‚ ¦has easy access to well established infrastructure and reliable rural workforce Burkina Faso is one of the most mining friendly countries in West Africa, with strong government support and well established infrastructure. The project has easy access to well developed roads, grid power, water, telecommunications network, regular fuel supply, permanent field camp, and reliable rural workforce. The project is easily accessible by well maintained roads, and is located in close proximity to the Banfora town, which is well connected to the city of Bobo Diolasso (about 100km) and to the countrys capital city, Ouagadougou (about 350km). Furthermore, the grid power is located about 30km from the eastern boundary of the project. Most items needed by the company can be obtained locally or from the Banfora town, about 30 minutes drive from the field camp. One of the worlds very few new gold discoveries with 1 Moz of gold resources GRYs Banfora gold project is one of the worlds very few new gold discoveries made during last couple of years with 1 Moz of gold resources. The company started drilling at the project in 2006 and surpassed 1 Moz of gold resources mark in Sep-09, a significant achievement by the world gold exploration standards. The project is currently home to a JORC-compliant inferred mineral resource of 14 Mt @ an average Au grade of 2.4 g/t containing 1.1 Moz of Au resources, of which about 90% remains shallow and above 100m depth. The current defined resource estimate is an interim estimation based on RC/DD drill results from only the Nogbele and Fourkoura deposits, and offers significant potential for discovery of multi million shallow gold ounces from the on-going drilling programs at the satellite targets. A new resource estimate is due during 2010, followed by desktop and scoping study reviews by end-2010. Picture XX: Number of gold discoveries worldwide found per year with 1 Moz million ounces Source: Gryphon Minerals Ltd., World Gold Council, Nogbele and Fourkoura deposits host the current defined resource estimate Since the commencement of exploration program at the Banfora gold project during 2006, about 90% of all the drilling activities have been focused on the Nogbele and Fourkoura deposits, which host the current defined inferred resource estimate. The companys first gold discovery came at the Nogbele deposit, which currently hosts 0.9 Moz of contained Au resource (or about 82% of the current total contained Au resource at the Banfora project). The deposit primarily has two distinct mineralization orientations east-west trending zones and northwest-southeast trending zones, which should help in open pit extraction with lower strip ratios. These zones typically hosts higher gold grade mineralization, as evident from the best intercepts 10m @ 13.0 g/t Au (130.0 gram meters), 24m @ 4.60 g/t Au (110.4 gram meters), and 16m @ 5.60 g/t Au (89.6 gram meters). The Fourkoura deposit is located about 7km from the Nogbele deposit, which presently hosts 0.2 Moz of contained Au resources. The comp any has only drilled 750m or about 25% of the soil anomaly at the deposit, where all drill holes intersected significant gold mineralization, including 16m @ 8.95g/t Au from 30m and 17m @ 9.20 g/t from 16m. As the gold mineralization, at both the deposits, remains open at depth and along strike, and about 90% shallow above 100m depth, this results in lower discovery costs of US$10/oz. Picture XX: Banfora gold project location map of Nogbele and Fourkoura deposits Source: Gryphon Minerals Ltd., Under-explored with several high priority satellite targets GRYs regional program and soil geochemistry have so far covered only half of the total project area, primarily focused on the Nogbele and Fourkoura deposits. However, the project has several other high priority satellite targets, which offer significant potential for addition of multi-million shallow gold ounces to the current defined resource estimate. Towards this, the company has identified five immediate high priority satellite targets (Samavogo, Ouahiri, Nangolo, Que Far Que, and Muddi) within a 15km radius of the Nogbele deposit, on which an aggressive 20km RC/DD drilling is presently underway. These immediate high priority targets offer high potential to become future resource growth areas, as evident from the encouraging preliminary RAB drilling results. Picture XX: Banfora gold project indentified high priority satellite targets Source: Gryphon Minerals Ltd., Encouraging initial drill results from the Samavogo satellite target The Samavogo target, located about 20km north-east of the Nogbele deposit, hosts a 12km regional shear zone covering a large intrusive, and is similar in style to that of Randgolds Tongon deposit (4.2 Moz Au). The company recently announced encouraging initial drill results from this target, which returned with significant shallow gold mineralization from the targeted first 2.5km of the structural shear zone. The best intercepts include 8m @ 4.34 g/t Au from 20m, 4m @ 8.24 g/t Au from 4m, 12m @ 2.64 g/t Au from 44m, 8m @ 2.95 g/t Au from 36m, and 4m @ 4.21 g/t Au from 4m. The gold mineralization was identified in several rock chips within an overall large scale soil geochemical anomaly across much of the target. Moreover, the mineralization remains shallow with 50m vertical depth. Picture XX: Samavogo satellite target initial drill results Source: Gryphon Minerals Ltd., Geology at the Banfora Gold Project Entirely covers the highly prospective Loumana Birimian greenstone belt The Banfora gold project entirely covers the highly prospective and under-explored Loumana Birimian greenstone belt. The project is also strategically located in close proximity to several world class gold deposits such as Rangolds Tongon deposit (4.2 Moz Au) about 30km to the south of the project, Resolutes Syama deposit (5 Moz Au mined and 6.5 Moz Au in resources) about 50km to the west of the project, and Rangold/Anglo Ashantis Morila deposit (6.5 Moz Au) about 75km to the north west of the project among others. Mineralization remains open at depth and along strike The Nogbele and Fourkoura deposits hosts the current defined inferred resource estimate. At both the deposits, mineralization remains open at depth and along strike, and about 90% remains shallow and above 100m depth. Picture XX: Nogbele and Fourkoura deposits mineralization remains open at depth and along strike Source: Gryphon Minerals Ltd., Nogbele deposit hosts two high grade gold mineralized zones The Nogbele deposit mainly hosts two high grade gold mineralized zones east-west trending mineralized zones and northwest-southeast trending mineralized zones. Within a granodiorite intrusion, the east-west trending mineralized zones primarily host several parallel sub-parallel zones of hematite/magnetite, silica pyritic alteration, sericitic schist, and lode quartz veins. In contrast, the northwest-southeast trending mineralized zones hosts little or no quartz veins with moderate to strong hematite, carbonate, sericite, and pyritic alteration. A main shear zone on the western edge of the Nogbele deposit extends south for 30km to Randgolds world class Tongan gold deposit. Picture XX: Nogbele deposit step out drill results Source: Gryphon Minerals Ltd., Fourkoura deposit similar in style to the Western Australias Golden Mile dolerite The Fourkoura deposit is located about 7km from the Nogbele deposit, on the intersection of a main shear corridor and a zoned dolerite intrusive, similar in style to that of the Western Australias Golden Mile dolerite. A large historical soil geochemical anomaly extending over 2.5km along strike with several peak values of 1,000ppb gold coincides with this dolerite intrusive. The gold mineralization is hosted within single multiple sub-parallel zones with intense magnetite, silica, and pyrite alteration, and quartz veins within the dolerite intrusive. Picture XX: Fourkoura deposit step out drill targets Source: Gryphon Minerals Ltd., Reserves and Resources As of Sep-09, GRY had a JORC-compliant inferred mineral resource of 14 Mt @ an average Au grade of 2.4 g/t containing 1.1 Moz of Au resources at its flagship Banfora gold project, of which about 90% remains shallow and above 100m depth. This resource estimation is based on results from 697 RC drill holes plus 63 RC pre-collars, and 63 diamond drill holes at the Nogbele deposit, and 90 RC drill holes and 1 diamond drill hole at the Fourkoura deposit. At both the deposits, mineralization remains open at depth and along strike. The companys management views the current inferred resource as an interim estimation with significant potential for discovery of multi million shallow gold ounces from the on-going drilling programs at the project. A new resource estimate is due during 2010, followed by desktop and scoping study reviews by end-2010. Table XX: Gryphon Minerals mineral resource estimate at the Banfora gold project (as of Sep-09) Deposits Tonnage Au Grade Contained Au (lower cut-off grade of 0.9 g/t Au and top cut of 30 g/t Au) (Mt) (g/t) (Moz) Inferred Resources: Nogbele 11.0 2.3 0.9 Fourkoura 3.0 2.5 0.2 Total Inferred Resources 14.0 2.4 1.1 Source: Gryphon Minerals Ltd., Financials Income and cash flow statements analysis During 2006, GRY started its drilling program at the Banfora gold project. So far, about 90% of all the drilling activities have been focused at the Nogbele and Fourkoura gold deposits. However, the companys regional program and soil geochemistry have covered only half of the total project area, there are several identified high priority satellite targets, which offer potential for addition multi-million shallow gold ounces. The project is still in the resource development stage, and an aggressive 20km of RC/DD drilling program is presently underway at the high priority satellite targets to establish a multi-million ounce gold district. Accordingly, till production commencement, the company will continue to witness net loss and negative cash flow from operations, which stood at A$2.3MM and A$1.6 MM during FY09, respectively, compared to A$3.1 MM and A$1.9 MM during FY08. Balance sheet As of Dec-09, GRY had A$19.1 MM in cash cash equivalents and A$29.9 MM in shareholders equity. The company is currently debt-free. Over mid Aug-09 to mid Jan-10, the company raised an aggregate gross proceeds of A$22.0 MM through private placements, which has significantly strengthened its cash position, should support all near-term exploration plans at the Banfora project. Table XX: Gryphon Minerals financial statements Income Statement (A$ MM)  FY2006A FY2007A FY2008A FY2009A 1HFY09A 1HFY10A Total Revenue $0.2 $0.8 $0.4 $0.7 $0.4 $0.4 Administrative Costs $0.3 $0.5 $0.7 $0.5 $0.3 $0.5 Employees Benefits Expense $0.3 $0.4 $0.9 $0.8 $0.3 $0.9 Exploration Written off $0.0 $0.2 $0.2 $0.6 $0.2 $0.6 Depreciation (DDA) $0.0 $0.1 $0.1 $0.1 $0.0 $0.0 Share Based Payment Expense $0.4 $0.5 $1.0 $0.7 $0.0 $0.1 Others $0.3 $0.4 $0.6 $0.4 $0.3 $0.2 Total Expenses $1.2 $2.1 $3.5 $3.0 $1.1 $2.2 Tax Expense $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 Net Earnings ($1.1) ($1.2) ($3.1) ($2.3) ($0.7) ($1.8) EPS (A$) ($0.02) ($0.02) ($0.04) ($0.02) ($0.01) ($0.01) Cash Flow Statement (A$ MM) Net Earnings ($1.1) ($1.2) ($3.1) ($2.3) ($0.7) ($1.8) Depreciation (DDA) $0.0 $0.1 $0.1 $0.1 Change in Working Capital ($1.9) ($3.7) ($7.3) ($3.8) Other non-cash items $0.3 $0.5 $1.1 $0.7 Cash from Operating Activities ($2.6) ($4.3) ($9.3) ($5.4) ($2.9) ($6.7)  Proceeds from Issue of Securities, net $4.3 $6.2 $13.0 $10.0 $0.0 $14.4 Other ($0.2) ($0.2) ($0.7) ($0.6) $0.0 ($0.7) Cash from Financing Activities $4.1 $6.1 $12.3 $9.4 $0.0 $13.7  Capex ($0.2) ($0.3) ($0.1) ($0.0) ($0.0) ($0.0) Other $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 Cash from Investing Activities ($0.2) ($0.3) ($0.1) ($0.0) ($0.0) ($0.0)  Net Increase (Decrease) in Cash $1.3 $1.4 $3.0 $3.9 ($3.0) $7.0 Cash at beginning of period $2.4 $3.6 $5.1 $8.1 $8.1 $12.0 Cash at end of period $3.6 $5.1 $8.1 $12.0 $5.1 $19.1 CFPS (A$) ($0.02) ($0.01) ($0.02) ($0.01) Balance Sheet (A$ MM) Assets Cash and Cash Equivalents $3.6 $5.1 $8.1 $12.0 $5.1 $19.1 Trade and Other Receivables $0.1 $0.3 $0.7 $0.4 $0.5 $0.4 Other Current Assets $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 Total Current Assets $3.8 $5.4 $8.8 $12.4 $5.6 $19.5 Property, Plant and Eqpt. $0.2 $0.4 $0.3 $0.3 $0.1 $0.1 Exploration and Evaluation Expenditure $2.9 $6.7 $14.0 $19.0 $15.6 $22.9 Other Non-Current Assets $0.3 $0.2 $0.8 $0.4 $1.1 $0.4 Total Assets $7.3 $12.7 $23.9 $32.0 $22.3 $42.9 Liabilities Total Current Liabilities $0.6 $0.7 $1.7 $2.1 $0.9 $1.0 Long-term Liabilities $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 Total Liabilities $0.6 $0.7 $1.7 $2.1 $0.9 $1.0 Shareholders Equity Issued Capital (Common Shares) $8.1 $14.1 $26.9 $36.4 $26.9 $50.1 Retained Earnings ($1.8) ($3.0) ($6.1) ($8.5) ($6.8) ($10.3) Total Shareholders Equity $6.6 $12.0 $22.1 $29.9 $21.5 $41.9 Total Liabilities Shareholders Equity $7.3 $12.7 $23.9 $32.0 $22.3 $42.9 Sources: Gryphon Minerals Ltd., share capitalization As of March 16, 2010, GRY had nearly 216.0 MM ordinary shares issued and outstanding. The company also had nearly 8.1 MM options outstanding at an average exercise price of A$0.32/sh. Furthermore, GRY is a tightly held company, with the top-40 shareholders holding about 69.5% of its ordinary shares outstanding. The major shareholders of the company are Baker Steel Capital Managers LLP (7.3%), Genesis Asset Managers LLP (6.5%), Ruffer Investment Management Ltd. (4.9%), Dundee Precious Metals Inc. (2.9%), and Nestor Investment Management (1.5%). Based on the closing market price of A$0.76 as on May 24, 2010, the company had a market capitalization of A$164.2 MM. Table XX: Share capitalization Total Shares Strike Price In-the-Money Value of Options/Warrants (MM) (A$) Shares (MM) ITM (A$ MM) Ordinary Shares Outstanding 216.0 Options 8.1 0.32 8.1 2.6 Warrants Total Fully Diluted Shares 224.0 8.1 2.6 Source: Gryphon Minerals Ltd., Table XX: Major shareholders Holder Name Percentage Outstanding Baker Steel Capital Managers LLP 7.3% Genesis Asset Managers LLP 6.5% Ruffer Investment Management Ltd. 4.9% Dundee Precious Metals Inc. 2.9% Nestor Investment Management 1.5% Symrorgh Trust 1.4% Parsons Stephen 1.2% ACD Services Ltd. 0.7% International Finance Corp. 0.7% Dynamic Funds 0.6% Source: Bloomberg, MANAGEMENT GRYs management team has extensive experience in the mineral resources industry, varying through successful project acquisition, exploration, resource definition, and timely financing. During late Jan-10, the company further strengthened its management team by appointing Mr. Steven Zaninovich as the Non-Executive Board Director and Mr. Matthew Bowles as the Chief Development Officer. They bring together about two decades of resource industry expertise in commercial, MA, engineering, and project management areas, which fits well with the companys strategy to become a significant gold exploration and mining company in West Africa. As the company is in the hands a technically accomplished and highly-experienced management team, this, in our view, will take the company forward from the stage of exploration to successful resource development and production. Mr. Mel Ashton (Non-Executive Chairman) also serves as the Chairman of Empired Ltd. and Venture Minerals Ltd. Furthermore, he ho lds several board appointments, including National Director of the Institute of Chartered Accountants, Australia, a Director of The Hawaiian Group of Companies, and a Director of Cullen Wines (Australia) Pty Ltd. He holds a bachelor degree in Commerce from the University of Western Australia, and is also a fellow of the Institute of Chartered Accountants, Australia and the Australian Institute of Company Directors. Mr. Stephen Parsons (Managing Director) is a graduate from the University of Canterbury, New Zealand with an honors degree in Geology. He played an important role in the companys successfully listing on the ASX in Arp-04. Prior to joining GRY, he worked on various technical positions for several junior resource and major mining companies including CRA Exploration and Placer Dome, exploring for a wide variety of commodities throughout Australia. Mr. Didier Murcia (Non Executive Director) has over two decades of experience in corporate, commercial and resource law. He also serves as a Director of Aminex PLC, listed on the London Stock Exchange, and as a Non-Executive Director of Gindalbie Metals Ltd. and Non-Executive Chairman of Target Energy Ltd., both listed on the ASX. He is also the Chairman of a Perth-based law firm, Murcia Pestell Hillard, and the Honorary Consul for the United Republic of Tanzania. Mr. Steven Zaninovich (Non-Executive Director) has close to two decades of resource industry experience in senior management, engineering consultancy, and project management in various West African gold mining projects (all stages of project development from concept to completion). Mr. Hamish Halliday (Management Consultant) has about 15-years of corporate and technical experience in the mining industry. He was one of the founding directors of Adamus Resources Ltd., and played an important role in listing of the company on the ASX in 2001. Prior to Adamus, he worked with Intrepid Mines Ltd. (formerly known as Taipan Resources NL) taking the Paulsens gold project from the grass-roots exploration stage through feasibility. Moreover, he was also instrumental in the acquisition of the GRYs current Banfora tenement portfolio. Mr. Brett Dunnachie (Chief Financial Officer/ Company Secretary) is a Chartered Accountant and holds a bachelor degree in Commerce. Prior to joining GRY, he was an audit manager at a major chartered accounting practice. He also serves as the Company Secretary for Avonlea Minerals, Renaissance Minerals, and Venture Minerals. Mr. Shane Hibbird (Exploration Manager, Australia) is a professional geologist with 17-years of exploration experience in gold, PGEs, base metals, coal, oil gas, mineral sands, and other industrial minerals throughout Australia, Laos and China. Prior to joining GRY, he worked with various junior exploration multi-national mining companies, and has experience in grass roots conceptual exploration to advanced resource appraisal. Some of his recent works involves the Kanm antoo Cu-Au deposit (Adelaide, South Australia), and the Panton Sill PGE deposit (Kimberley region, Western Australia). Mr. Michael Fox (Exploration Manager, West Africa) has about 25-years of resource industry experience, and has served in several technical management positions with various developing projects and mining operations worldwide. Some of his previous engagements include IAMGolds Mupane Gold Mine in Botswana Rwamagaza gold project in Tanzania, African Gold Resources Booro gold project and Armadas Erdenet copper mine in Mongolia, Western Mining Corporations Hill 50 gold mines and Kalgoorlie gold operations in Australia. He has also served as a Sr. Manager for the Bank of Western Australias resource project financing and project evaluation. He brings significant amount of resource industry experience to GRYs management team, will help the company in unlocking the full potential of the Banfora project.

Thursday, July 2, 2020

For Biz Majors, College Prestige Really Matters

For Biz Majors, College Prestige Really Matters by: John A. Byrne on February 01, 2016 | 0 Comments Comments 960 Views February 1, 2016For business majors, college brand really seems to matter.A new study by a pair of economists say that business majors who graduate from â€Å"selective universities† earn 12% more on average than mid-tier graduates and 18% more than graduates from less-selective colleges with open enrollment.The economists found that brand didn’t always make a difference, but it appears to matter most when it comes to students who major in business, social science, education, and the humanities. In fact, the increases for students who majored in business were the starkest of all. BRAND MATTERS MUCH LESS TO EARNINGS IN SCIENCE AND TECHFor fields such as like science, technology, education and math, the economists found, it largely doesn’t matter whether students go to a prestigious, expensive school or a low-priced one—expected earnin gs turn out the same. And that’s so even after the academics controlled for other factors that might influence post-graduation earnings, such as family income, race/ethnicity, gender, marital status, SAT score, post-graduate degree and age at graduation.That’s the conclusion of economists Eric R. Eide and Michael J. Hllmer, who looked at what 7,300 college graduates were making ten years after graduation. Eide teaches at Brigham Young University, while Hilmer is at San Diego State University.â€Å"There are many possible explanations for the disparities,† wrote Eide and Hilmer in an article on their analysis published today (Feb. 1) by The Wall Street Journal. â€Å"In business, more prestigious schools may offer better alumni networks and other connections with potential employers. In other fields of study, more prestigious schools may offer better peer connections, faculty, university resources and, at least in social science and the humanities, access to be tter graduate programs. Whatever the reason, parents and students may be justified in looking for a prestigious degree in these majors.†SKILLS TRUMP PRESTIGE IN SCIENCE FIELDSThe economists say they were expecially surprised that college choice made little difference for STEM-related majors. â€Å"We find no statistically significant differences in average earnings for science majors between selective schools and either midtier or less-selective schools,† they wrote. â€Å"Likewise, there’s no significant earnings difference between engineering graduates from selective and less-selective colleges, and only a marginally significant difference between selective and midtier colleges.†Eide and Hilmer believe that the skills students pick up in science fields trump prestige, perhaps because curriculums are, in their words, â€Å"relatively standardized and there’s a commonly accepted body of knowledge students must absorb. So, a student may not need to attend the best possible school to ensure a good salary after graduation.†The actual results? â€Å"If an engineering student chose to attend the University of Pennsylvania instead of Texas AM, the average starting salary would differ by less than $1,000, but the tuition difference would be over $167,000,† the academics wrote. â€Å"At that slightly higher salary, you’d have to work for more than 150 years before you make up for that vast tuition difference.†THE STARKEST EARNINGS DIFFERENCES ARE FOR BUSINESS MAJORSAnother important consideration in the choice of a major, they found, was opportunity costs. â€Å"When choosing a major, families must consider how long it will take to complete it—because it might involve staying in school longer, driving up the cost of tuition and lowering potential earnings,† they conclude. â€Å"Consider a student who is deciding whether to major in engineering or economics, and suppose that it takes one year longer to complete an engineering degree. The starting salary for economics majors in 2015 is $52,100, according to PayScale.com, So if it takes an extra year to complete a degree in engineering relative to economics, then there is an opportunity cost of $52,100 associated with engineering because the student entered the labor force a year later.â€Å"In practical terms, if engineering graduates make about $10,000 per year more than economics grads, then it would be about five years before engineering students would make up the lost salary. It could be up to 10 years if you add in the direct costs of tuition and living expenses for that extra year if the student is at a selective university.†Bottom line: The economists say the biggest impact of school choice on earnings occurs for business majors. â€Å"The starkest earnings differences are for business majors, where graduates from the selective institutions earn 12% more on average than midtier graduates and 18% more than g raduates from less-selective colleges,† they say. â€Å"Likewise, social-science majors from selective colleges earn 11% more than their midtier counterparts and 14% more than those from less-selective schools. For education majors, the differences are 6% and 9%, respectively. In humanities, graduates of selective schools earn 11% more than those from less-selective ones, although they don’t earn more than those from mid-tier schools.†DONT MISS: SCHOOLS WITH THE HIGHEST EARNINGS POTENTIAL FOR BUSINESS MAJORS Page 1 of 11

Tuesday, May 19, 2020

The, The Sensation Of Happiness Essay - 1851 Words

Kraut’s Objections to Happiness The sensation of happiness is something that has undeniably been argued about for many years by a wide range of philosophical individuals. Questions about the true meaning of being happy are very common, as there are many different viewpoints that have very different opinions on the matter. A well respected analytical philosopher, Richard Kraut, attempted to differentiate a few of these viewpoints, as well as his own standpoint in comparison with Aristotle, who had his own definition of happiness. Aristotle defined happiness in his Nicomachean Ethics as â€Å"eudaimon†, which has roughly been translated as â€Å"human flourishing†. The term does not directly mean happiness, rather, he implored that the term differentiates between the notion of feeling happy, and the act of leading a happy life. Aristotle argued that these happy feelings only pertain to one’s internal identity and are only experienced by that particular individual. 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