Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
As long as stinkus is in charge, this thing will go nowhere. Change CEOs all you want, but the cancer of stinkus will remain. Best investors can hope for is a buyout at a profitable price for investors.
Per last report, shrinking base is never a good sign. Ole stinkus will control this into the grave of ancient tech. Nobody wants to buy this turd either, don't want to pay what stinkus thinks he is worth. Overrated, overpromised, and overvalued.
Wonder how long it will take for the next 52-week low to hit. Falling knife time for suckers who jumped in believing Gasbags BS.
Not bearing myself up at all, just hate askholes like Gasbag lying and stealing investors money. Every month outs a new PR fluff fest with no results. Now these morons will see their company go down the drain. People are on tho their crooked ways. New lows are on the way.
Wrong, you are seeing the death throws where even cheerleader hype won't work. There is, and has been NOTHING here. Still think Gasbag has earned over $300,000 every year? Smh
Its a fluff dump, every time their is a fluff PR, old gas bag fires up the printing press. Its the only mining SHAFT that lose operates at a profit, and succesfully.
With the aquisition of Area 51, I can better hide my lies and failure as a CEO. I can fluff my way into even more toilet paper share sales.
Love seeing cheerleaders pat each other on the back to keep the Hopium alive. Reality very soon, wait for it.
As I have said before, this turd doesn't follow gold because it can't mine at a profit. Lots of debt, and a CEO that loves making his salary while the company isn't even mining.
Great post, and spot on!
If people here aren't against 52 week lowes, and get excited at timing, just wait until it hit triple zeros, they won't know what to do with themselves.
Guess that's why we see more 52 week lows, huh?
This isn't American Airlines or any other fortune 500 company. Its a junior oil and gas company. Common will be wiped out, play it as a lotto play if you want, but don't try to sucker unknowing investors into this turd.
How long before they file for BK protection? Won't be long if your a miner and not mining.
I think since common have been wiped out, the judge should deny their request. Let them stay bankrupt, have to sell everything, and hopefully never destroy investors again.
1. Not approved by judge yet
2. Over 500m in debt, no judge will shaft common by letting these clown reset.
3. Other companies that wres owes won't allow Blackstone to take them over the coals.
4. Keep dreaming though, lotto play for sure.
Catch the falling knife to trip zero and no bid!
There is no support, just bankruptcy. Over $500m in debt. These JUNIOR miners and oil and gas companies are parasites, along with their partners in crime, the finance companies.
So, they just filed BK, now they are trying to exit BK? Then why file in first place? Lol, smh, pom poms.
Can you explain why? They just filed for bankruptcy.
There's only one dumpster, sorry to disappoint you and the other pom pom wavers.
I've heard that line the last 4 years. 3 to 6 months, year after year, quarter after quarter. Gasbag can't even mine better than the old men who used picks and shovels.
Correct, if I had $350,000 to invest, it wouldn't be in penny stocks. It would be in more stable, larger stocks. I don't invest in pennies anymore, I have put my money elsewhere.
Wrong, if it had went up, gold would have done better. Now with low jobs reported (i am sure lode helped that out by laying off its miners , since it's not mining now) gold will continue to be low.
Good strategy, except it doesn't work with this POS. You but this low and it goes lower.
This company's price doesn't follow gold prices. Get used to prices below .36, maybe a lot more.
Aren't we all with this POS, with its lies and poor managment?
Gasbag and his lame participation trophy got a new 52 week low today. That $300,000 a year hard at work.
What's coming with this POS in the future is new 52 week lows. Next quarter will be brutal.
If you read about the comstock lode, it has been obviously not profitable many times, and those companies passed the trash on to other gold fever suckers. If I were running this company, I would open it to the public and allow them to come gold hunting at a price. They would stay at the hotel, bring money into the local economy, and I would be more profitable than these clowns.
I think management needs to reset, refocus, and stop BSing investors. If this company would cut costs to the bone, and I mean Gasbags salary, focus on absolute findings, shift all resources to that find and produce what they claim, then I would agree that they would be a junior miner to have faith in.
More Hopium talking point crap. Until it's proven, mined at a profit, then tell me how great things are. Until then, prepare for more 52 week lows.
Their pit WAS successful, their money pit that is. What has investors received for Gasbags $1.2m in 4yrs.? Nothing but fluff PRs, 52 week lows, and unlimited Hopium.
It's the dilution part that you should worry about. Paying debt with stock.smh
I think it's bad for an investor, a company that isn't profitable or mining will have a hard time making those payments. They will pay Auramet and Gasbag over investors though. Default on payments is a possibility given their poor performance. Credit companies don't accept Hopium as payment.
The company has a revolving line of credit with Auramet, another one of those vulture stock companies that give loans while crushing shareholders and making out like bandits. Only ones making money here are Auramet and Gasbag.
What is in black and white is that this company cannot mine at a profit. Even if gold were to go up, with their debt and expenses, they would still be broke. A mining company that isn't mining, that says it all.
So, if they melt and pour what gold they claim to have, it will be around $140,000. That's a little over 1/3 of Gasbags annual salary. Keep believing this company is on the verge of greatness, as your shares become more and more like toilet paper. Hopium=waiting on the next sucker to buy your trash.
Everyone is working for shares with this company, because there is no profit or money. Just a whole lot of Hopium. Next quarter I'll be ugly, no mining, no profits, and more shares farmed out.
Retail are the only ones selling. They get their shares at a discount. Average investors would be selling for a loss with this POS, so the only choice they have is to sit and wait. Hopium.......