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Thank you for the shares.... I just bought another little batch of a 150,000 shares at .046 since we're having a Holiday sale. :)
The proper interpretation of low volume in technical analysis is that there is no interest in the stock and the result is that the stock price falls. Given that BULM has fallen through it's last support means the share price will no doubt fall much further as people cash out to save what little capital they may have left. Share appreciation follows big volume, which is non-existent here. No volume is a sure indication that the share price of BULM is heading lower. Fundamentals are meaningless when there is no volume to support the share price. Fundamentals may kick in when the stock bottoms, but there is no end in sight right now. BULM is heading way lower, IMHO.
Don't agree at all. If you look below at the chart you posted you will see that BULM has dropped through the last major support level and the result is that BULM is looking at another MAJOR drop. Fibonacci would suggest another 38% or even 50% drop. I don't think that 62% is out of the question either. RSI, MACD, etc, are in terrible shape.
Thanks for posting the chart! It's a fine example of just how bad the technicals for BULM really are.
BULM might be a good investment at some point but the stock is down a buck over the last year, the share price continues to fall, sentiment is low, and the bottom line is that this stock has been a HUGE loser over the last year.
It's not at good strategy to by a stock in a waterfall decline as the bottom can be a long way off, as is evident here. One should be wary of taking advice from experts that advise buying on a downtrend.
There is no value buying a stock that is in a long downtrend. Once it bottoms and reverses is the time to buy. BULM has been dropping for close to a year, with no end in sight.
Buying on the way down is not a good strategy because a downtrend can last a long time. It's better to wait until the stock bottoms and then buy. BULM has been downtrending for close to a year, with no end it sight.
The stock price is saying to me that SFMI is priced ridiculously low..... I've been buying a lot of these shares recently. Just focus on what you can see and not what people are saying without facts to back them up.
It's actually hilarious that I'm buying at about 5 cents, or even less, when you can see the progress. One would have to be blind to deduce that SFMI's bomb proof smelter is being built to house pretzels, or something.... Heck, MAYBE THERE IS GOLD AND SILVER on War Eagle Mountain? Maybe there's so dang much of it that they need a bomb proof shelter to protect it from bandits? Maybe SFMI hasn't advertised their recovery rates, etc, because they don't want to attract a lot of attention until they can properly protect their shareholders investment? Too, too, funny....
He's here to create negative sentiment towards the stock. In the process he steals your shares for cheap and sells them on the next run. It's too bad the moderators are working with him but they need to profit, too. The mods remove the positive posts and let all the dude's remain. It's all a scam......
Best buying opportunity since 1/3 of a cent.
Major progress has been made and the company is simply going through what all start ups go through, tuning of the mill..... The grade is there, the mill is there, it's running, and starting to produce. This is a HUGE buy and if you pass this opportunity up you will lose out on a very big run. I'm buying and this is the first time since about 1/3 of a cent.....
Excellent day to accumulate cheap shares!!!!
I love days like today. People dump their shares without considering the fundamentals. Thanks for all the cheap shares.
Uh, tax loss selling happens when you have a loss, typically late in the year when the down trend is established. More often than not December has it's Santa Claus rally as most tax loss selling is over and there are deals galore on beaten down stocks with quality assets. This is what is happening here. Those that wait too long may be very disappointed.
Tax Loss Selling is all that is happening right now. SFMI has been in a downtrend all year. Stock is a steal right now and since I'm a Bandit I'm filling my bags......
Drawing a Line in the Sand!
Please read the following and help fight this!
http://agoracom.com/ir/CenturyMining/forums/discussion/topics/498269-drawing-a-line-in-the-sand-money-needed-to-fight-another-predatory-takeover/messages/1589681#message
MY Vote Is NO to the takeover deal....
WTG Merger Still Sucks Big Time......
Nothing more to say....
"If we didn't have this RS crap hanging over us the ussif sp would be moving up with spot silver."
Don't worry about the RS so much. Generally speaking when a stock has zero earnings, poor prospects, and a declining share price, reverse splits just compound the problems and it sucks. However, that is not the case here. Ya the share price is bumbling around right now but I guarantee that earnings are GROWING in a big way and USA prospects are VERY GOOD. RS or not USA is going WAAAAAY higher over time. Once USA reports a few quarters of increased earnings per share people are going to notice, start buying in a serious way, and voila!!!! Share price will go up. :)
Yes, this is exactly how I am going to vote: "no" to management and "no" to options plan....
I'll be doing the same......
US Silver Reverse Split
From Sedar.com http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00023678
U.S. SILVER CORPORATION
NOTICE OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS
NOTICE IS HEREBY GIVEN THAT the Annual and Special Meeting of the Shareholders
(the “Meeting”) of U.S. SILVER CORPORATION (the “Corporation”) will be held on
June 23, 2011 at Turf Lounge, 330 Bay Street, Toronto, Ontario at the hour of 4:00 p.m.
(Toronto time) for the following purposes:
(a) to receive the audited financial statements of the Corporation for the financial year ended
December 31, 2010, together with the auditors’ report thereon;
(b) to elect directors of the Corporation for the ensuing year;
(c) to appoint auditors of the Corporation for the ensuing year and to authorize the directors
of the Corporation to fix their remuneration;
(d) to consider, and if thought advisable, pass an ordinary resolution providing for the annual
approval of the Corporation’s current stock option plan and the Corporation’s amended
and restated stock option plan;
(e) to consider and, if deemed advisable, to approve, with or without variation, a special
resolution authorizing the board of directors to implement a share consolidation on the
basis of one (1) new share for each five (5) common shares currently issued or
authorized; and
(f) to transact such further and other business as may properly come before the said meeting
or any adjournment or adjournments thereof.
The specific details of the matters proposed to be put before the Meeting are set forth in the
Management Information Circular. A form of proxy, the Management Information Circular, a
return envelope and the audited financial statements of the Corporation and Management’s
Discussion and Analysis for the financial year ended December 31, 2010 accompany this notice.
The board of directors of the Corporation (the “Board”) have determined that
shareholders registered on the books of the Corporation at the close of business on May 16,
2011 are entitled to notice of the Meeting and to vote at the Meeting.
Shareholders of the Corporation who are unable to attend the Meeting in person are
requested to date and sign the enclosed form of proxy and return it in the enclosed
envelope. In order to be valid and acted upon at the Meeting, forms of proxy must be
returned to the Corporation’s registrar and transfer agent, Valiant Trust Company, not
later than 48 hours (excluding Saturdays, Sundays and holidays) prior to the
commencement of the Meeting or any adjournment thereof, or must be given to the
Chairman of the Meeting prior to the commencement of the Meeting or any adjournment
thereof; or on the internet at www.valianttrust.com (the required Control Number is
located on the form of proxy). This website may be used to appoint a proxy holder (the
“proxy holder”) to attend and vote on your behalf at the Meeting and to convey your voting
instructions.
DATED at Toronto, Ontario this 16th day of May 2011.
BY ORDER OF THE BOARD
“Thomas Parker”
Thomas Parker
Chief Executive Officer
If you don't like the WTG deal you can join a group of dissenting shareholders here:
Click Here to Join CMM Dissenting Shareholders
.
VOTE NO
There is no way that WTG is worth what it is trading at and that is clearly evident in the CMM share price. The market is always right and if the value of WTG was accurate CMM would be trading at $1.80. Since CMM is trading at 59 cents the market does not believe WTG is worth it's elevated share price. No surprise since they don't have much of anything. CMM has all the real assets.
VOTE NO
Site Visit Would Help.....
A while back someone went to the mine site and that was VERY helpfull in determining progress. If someone lived close by another site visit would be very helpful.....
Back in the Buy Zone...... Over the past year the 14 - 15 cent range has been the best time to buy. As such, I bought some more today, as I have on the other few occasions that the stock hit these levels.
Rumour is that White Tiger, WTG, is going to take out CMM.....
I'm not worried about this at all. The word will get out and this stock will make highs that are going to spin your head. All you need to do is "be right and sit tight" Just wait until the earning reports start coming out and quarter over quarter earnings go higher..... The suits are going to be all over this stock when they realize that silver is not going down and that the earnings on this company are going to continue up. It's going to be a total riot to own. Just don't sell it or you will be severely disappointed. Ignore the short term and look out 2 - 3 years. I can't wait........
This year is going to put CMM on a whole new level. The new CEO has stated that the CMM will be doing 2000 tons per day by May. Given their track record of 3.75 grams per ton puts CMM on track for a production total of about 90,000 ounces this year, that includes San Juan. Next year the production total will move over 100,000 ounces per year. CMM is very undervalued and the time for a revaluation is coming soon......
Posting Pictures.....
A simple way to post pictures is to upload the pictures to Image Shack. It's a free image posting site. Here's the link. http://imageshack.us
Once you've uploaded the picture to Image shack you simply copy the link to the picture and paste it in your Ihub post. If you use the "Image" button on Ihub the picture will appear in your post. If you just paste the link to the picture the person reading the post will have to view the picture from Image Shack. Either way works..... :)
I prefer to get my facts straight from the company. By doing so I can read anonymous blog posts with a sense of balance. The fact is that US Silver is targeting 3 million ounces in 2011 and 3.5 million in 2012. The company is not perfect but it looks damn fine to me.......
Position Limits
This post copied from Stockhouse.
The following is an open letter from Bart Chilton requesting help to encourage members of the CFTC to pass the position limits legislation mandated by Congress on the vote Dec. 9,2010. This effects everyone that invest in gold and silver. Commodity Futures Trading Commission (CFTC)
http://www.cftc.gov/pressroom/speechestestimony/chiltonstatement120210.html
Bart Chilton Needs YOUR Help
Bix Weir
Bart Chilton has released a public statement that sounds more like a CRY FOR OUR HELP! There are people within the CFTC that are still fighting for the Bad Guys who continue to rig our silver market every day. Bart is fighting them tooth and nail but they seem to be winning the internal struggle to "POSTPONE" the position limits hearing.
BART NEEDS OUR HELP ON THIS ONE! PLEASE WRITE THE CFTC (AGAIN and AGAIN...) AND TELL THEM TO ADDRESS POSITION LIMITS IN SILVER AT THE MEETING ON DEC 9TH.
Addresses
Cut and Paste to the following members and public representatives:
VIA EMAIL TO:
ggensler@cftc.gov bchilton@cftc.gov mdunn@cftc.gov somalia@cftc.gov jsommers@cftc.gov jriley@cftc.gov dberkovitz@cftc.gov hhardman@cftc.gov rshilts@cftc.gov vmcgonagle@cftc.gov pcela@cftc.gov ssherrod@cftc.gov antitrust.complaints@usdoj.gov antitrust.complaints.recovery@usdoj.gov. ATRLit1@usdoj.gov kgriffis@doc.gov TheSec@doc.gov
It would be best to write your own letter. Or use this Example letter.
Dear CFTC Staff and Commissioners:
It has come to my attention that the CFTC may potentially delay the Congressional deadline mandating the "implementation of speculative position limits".THIS IS NOT ACCEPTABLE FOR ANY REASON!
The COMEX Silver manipulation continues as we speak, every day, and you claim to not have enough time to implement the position limits?! YOU HAVE HAD YEARS! This is the most OUTRAGEOUS TRAVESTY of JUSTICE our great country has EVER had to endure! I suggest that you read all the comments sent your way by Ted Butler, myself and THOUSANDS of others who have spent their "TIME" telling you how to do YOUR job for OVER A DECADE!
You have been COMMANDED BY MY CONGRESS to implement these position limits on a very specific time line and you had BETTER COMPLETE this most important task on time. NO EXCUSES!!!
YOU WILL ADDRESS POSITION LIMITS AT THE MEETING ON DECEMBER 9, 2010 AND YOU WILL IMPLEMENT THE RECOMMENDED SILVER POSITION LIMIT OF NO MORE THAN 1,500 CONTRACTS.
Make it happen for the good of our Nation.
Position Limits
This text was copied from a Stockhouse post....
The following is an open letter from Bart Chilton requesting help to encourage members of the CFTC to pass the position limits legislation mandated by Congress on the vote Dec. 9,2010. This effects everyone that invest in gold and silver. Commodity Futures Trading Commission (CFTC)
http://www.cftc.gov/pressroom/speechestestimony/chiltonstatement120210.html
Bart Chilton Needs YOUR Help
Bix Weir
Bart Chilton has released a public statement that sounds more like a CRY FOR OUR HELP! There are people within the CFTC that are still fighting for the Bad Guys who continue to rig our silver market every day. Bart is fighting them tooth and nail but they seem to be winning the internal struggle to "POSTPONE" the position limits hearing.
BART NEEDS OUR HELP ON THIS ONE! PLEASE WRITE THE CFTC (AGAIN and AGAIN...) AND TELL THEM TO ADDRESS POSITION LIMITS IN SILVER AT THE MEETING ON DEC 9TH.
Addresses
Cut and Paste to the following members and public representatives:
VIA EMAIL TO:
ggensler@cftc.gov bchilton@cftc.gov mdunn@cftc.gov somalia@cftc.gov jsommers@cftc.gov jriley@cftc.gov dberkovitz@cftc.gov hhardman@cftc.gov rshilts@cftc.gov vmcgonagle@cftc.gov pcela@cftc.gov ssherrod@cftc.gov antitrust.complaints@usdoj.gov antitrust.complaints.recovery@usdoj.gov. ATRLit1@usdoj.gov kgriffis@doc.gov TheSec@doc.gov
It would be best to write your own letter. Or use this Example letter.
Dear CFTC Staff and Commissioners:
It has come to my attention that the CFTC may potentially delay the Congressional deadline mandating the "implementation of speculative position limits".THIS IS NOT ACCEPTABLE FOR ANY REASON!
The COMEX Silver manipulation continues as we speak, every day, and you claim to not have enough time to implement the position limits?! YOU HAVE HAD YEARS! This is the most OUTRAGEOUS TRAVESTY of JUSTICE our great country has EVER had to endure! I suggest that you read all the comments sent your way by Ted Butler, myself and THOUSANDS of others who have spent their "TIME" telling you how to do YOUR job for OVER A DECADE!
You have been COMMANDED BY MY CONGRESS to implement these position limits on a very specific time line and you had BETTER COMPLETE this most important task on time. NO EXCUSES!!!
YOU WILL ADDRESS POSITION LIMITS AT THE MEETING ON DECEMBER 9, 2010 AND YOU WILL IMPLEMENT THE RECOMMENDED SILVER POSITION LIMIT OF NO MORE THAN 1,500 CONTRACTS.
Make it happen for the good of our Nation.
The bottom is in.... The two private placements are closed now so I am expecting the price to rise now. Also, CMM has been processing between 900 and 1300 tons per day now that all of the low profile equipment is in operation. This equipment was late and CMM did not meet their yearly guidance. However, the gold is there and the eqipment is now on site so there is nothing stopping them from producing gold. This stock is going WAY higher..... Just be patient....
The video should be made a sticky. It's amazing how people can talk about the demise of PCFG when they were knocked down in round 3 but we're in round 8 now and they're swinging BIG ONES. PCFG is soooooo close to production I can only think that those short are crapping their pants. So much so they'll probably need their own GeoTextile Tube to clean their laundry water....
Here's the link to the video
http://www.pacificgoldcorp.com/properties/nevadarae/overview.html
Here's the news release...
http://www.pacificgoldcorp.com/news101101.html
11/01/2010
Black Rock Canyon Mine Successful Geotube Testing
TORONTO, November 1, 2010 - Pacific Gold Corp. (Pink Sheets: PCFG) announced today that it has completed a successful test using Geotubes to clean process water at the Black Rock Canyon Mine.
The Company processed gravels through its modified screening plant with sufficient efficiency and was able to use Geotubes to successfully reduce the fine sand particles from reaching the water recycling ponds, which in turn provide clean process water for the screening plant.
The cleaner process water allows the screening plant to operate its pumps and equipment with greater efficiency by providing a better washing of gold bearing gravels for increased recovery of gold, as well as limiting wear on pump and centrifugal bowl equipment.
With the addition of polymers, the Geotubes retained a large portion of the sand fed to them while separating the clean water from the sand. The tubes produced an initial flow of discolored water that contained almost no slime or sand particles, and after a small retention time in the tubes the water effluent was transparent with no noticeable sand particles.
The Geotubes were successful in providing the mine with a desanding solution and allowing the Company to begin production planning.
The Company's next steps will include determining the exact polymer mix and retention time for the slurry feed to the Geotubes in order to maximize the cleanliness of the process water at the minimal cost for the mine.
The mine will begin preparing the site for production with the new screen plant assembly and the permanent use of the Geotubes.
The Company is still conducting its search for a hauling and excavating contractor.
To find out more about Pacific Gold Corp. (Pink Sheets: PCFG), visit the Company's website at www.pacificgoldcorp.com. Or contact the Company directly at 416-214-1483.
Many reasons for a stock to retrace. It can be market manipulation, could be nerves, could be confidence, could be shorting, could be better opportunities elsewhere, could be timeframe before the next major event, could be just about anything. So, what do you do? Stick to the fundamentals and the facts. Here's a few to consider in light of where PCFG is now.
1. PCFG took a beating when production stopped a few years ago because dirty water screwed up the system.
2. PCFG management did not abandon the operation.
3. PCFG eliminated all of their debt.
4. PCFG still has a fully permitted and functional mill.
5. PCFG management solved the dirty water problem with GeoTextile Tube technology.
6. The amount of money required to restart the mill is not significant in the overall scheme of things.
7. PCFG management is sourcing contractors to restart production.
8. Production is imminent.
No matter what anyone says, speculates, reasons, etc, PCFG management is going to put the Black Rock Canyon mine back into production.
"Be right and sit tight" and you'll make a lot of money......
Totally useless article written by someone who needed to fill the newsletter and really doesn't know what she is talking about. Anyone that has followed this stock for years knows that the future is more than "optimistic projections"..... The video of the successful GeoTextile Tube test is a clear fact of progress on the way to production. In the big picture the amount of money required to start production is not that big either when you consider everything is already in place. The games will continue but there is nothing that is going to stop this stock from reaching new highs. Everything else is just noise......
There was a lot of anticipation for today's action and you're right, it is what it is. However, in the big picture today's action doesn't mean much. PCFG management perservered through some very tough times and it's crystal clear they are going to bring PCFG back into production. A year and a half ago it wasn't so clear but it sure as heck is now. So, there was no rocket ship today but the rocket is on the launch pad and by being on board you are guaranteed to reach orbit when PCFG decides to lift off. Until then I'm just going to relax and laugh at all the market manipulations........ :)
Yes, the stock was even higher than 30 cents. The problem was the water needed to be reused and it was getting dirty and causing equipment problems. However, they have now fixed that problem with the Geotextile Tubes so production is imminent. This stock is going way higher.....
Perseverance Pays Off..... Landau and Geisler perservered and it paid off. After years of struggling these two guys are on the cusp of running a company that is producing gold. Anyone that thinks that PCFG is not going to make it is nuts because Landau and Geisler are not going to give up now......
Geo Tubes Working = Guaranteed Production........ This stock is going up. The mining operation is really a simple one now that the Geotextile tubes have solved the dirty water problem. Nothing is stopping this company now......