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I agree with your thoughts... and, I hope you can agree that the management has been an absolute disgrace in their lack of transparency, honesty and updates... and their apparent disregard for the rights of shareholders... add to that what may be fiscal malfeasance... and obvious mismanagement of assets... and we have a very difficult situation...
The new guys may be great... if so, I hope the current management steps down in their favor. I also hope the SEC does an in-depth investigation of the current management and their actions.
I also hope that there is still value in ALL the properties owned... and that a sale of the entire Tara complex may be accomplished to allow shareholders in both companies to recoup some of their losses and to move forward. IMO, this management team is incompetent... and very likely much worse.
Hope you make it out...
Another really bad sign is when the market makers start to bend over the people who place market orders... like this morning... up 31% on 15,000 shares traded? total trade value, $5800 or so???
this thing reeks... no cash, so someone has to pony up $5 million to these guys with the smelly reputation... to drill??
The SEC has been useless for the last many years... so if they go after a group... they must be REALLY toxic... just IMHO.
My mistake... so why would anyone sell such a bonanza property - 21gr/ton gold and a full ounce/ton of silver- and this stuff just laying around on top... no drilling required... to these clowns for what must have been peanuts (as Tara is pretty short on cash... way less than 7 million on hand... right?)
And maybe build ANOTHER mill... like they did when Don Ramon was the latest ""near term" producer, the next huge bonanza, awesome potential, blah, blah??
And how about interjecting some "real facts" as to the lack of reporting, accounting for the Yamana cash... the big salaries and bonuses... lack of information on the status of trading halt and share distribution for TRGD, explanation of the lost lawsuit and lost iron ore properties... any "real facts" there?
I remember when...
These guys issues very similar PRs on Don Ramon and Pichacho and the iron ore properties...
No more news on those big bonanza properties... no shareholder meetings... no specific accounting for company funds... now excitement over a .5 gram/ton boondoggle... Wonder if the "management team" has decided to forgo the big salaries and bonuses until this thing turns around and TRGD trades again? Yeah... right.
Fool me once... shame on you... ever hear that?
Sometimes sheep refuse to listen to warnings... and, of course... they get sheared. this NORX group is comprised of people who are no strangers to shearing sheep... but hope springs eternal... the shock and anger come later. Investors... just Google "NORX scam" and spend some time reading... or just keep dreaming... Luck to all.
And just how do you figure they will obtain the cash to drill?
Stock offering? New investor? Hope and Change?
They may still be pumping... that is why the lift... hey, if you believe in this thing... hang in there... but be prepared to lose it ALL.
Where is the loudmouth that threatened me with a lawsuit when I called this out as a fraud weeks ago?? He probably sold out and slithered away like a diseased snail...
Any time you see a flier like NORX... google the ticker and the word SCAM or FRAUD or PUMP... see what comes up.
Any inputs are appreciated.
Here is some input... get out of this scam as fast as you can... this one smells to high heaven... and has several players that have been previously associated with similar sad tales... RUN!!
Do your own DD, and good luck to all but the pumpers here.
I previously posted that my DD had lead to me believing that this stock was a scam...
I was threatened HERE by some jerk for a libel suit, accused of being a paid basher, etc.... and my post was quickly deleted.
So be very careful about who you listen to here... and do lots of homework... beginning by googling "NORX scam"
Best to you honest guys...
Amen!! I think that those accumulating in the low .40's are going to be looking like geniuses before too long...
I think we have a major equity/bond/banker/derivative crash coming... and that will be interesting... but after that... Katey bar the door.
I think you have a very good nose...
http://promotionstocksecrets.com/nostra-energy-inc-norx-research-report/
read 'em and weep.
Best to all here.
Sure looks like a scam stock... but Goldman issued a report on it that was very positive... so maybe it is the FEAR of being a scam that is making the rabbits run...
Hey, Sam, could you tell me how to contact the IH Administrator? thanks!
Yes, not much left, trying to get out of this POS... but the market makers are not too interested in letting a guy sell out, even if your sell price is below theirs...they just ignore all or none orders, and if market, they sell one share to let you know who is boss... pretty FU'd company, IMO...
Luck to all...
I think the market maker, whoever it is, is really out of control... this is nothing new... look at this morning... down 28+% on 11K shares traded? Some poor sap got creamed...
This has been happening for a long time... all or none limit orders, unless you like getting a bloody nose!
Thanks, they did take care of it... said it was just one of those things... nice hogmobile!
I put in a sell order, limit but not my usual all or none... the SOB market maker sold ONE share and changed the bid... what a scumbag...
Are the market makers in this stock always douche bags or is this a special FU they sent me?
GLTA
All this great news doesn't seem to be working... $.63/.59...
Not exactly what we were hoping for... volume has been very low...
Any of you cheerleaders want my TRGD at .45?
Is it not true that this "news" release is sort of bogus? the recovery rates speak to the process, not in any way to be confused with the grams/ton of any of the components...
I wonder why a formal 43-101 has never been done in the LONG time that Tara has been in business... one might think that would be the FIRST thing to do... a drilling program to define the assets... no?
Perhaps I am inpatient, but nothing ever seems to get done in this company... no iron ore sales, no re listing of TRGD, no milling of anything... snarls of lawsuits, filings, BIG salaries for the few...
The pumpers here say everything is great and we take off any day... they have been saying the same stuff for years now... sure we got a little cash... but where is it going, specifically, besides into the pockets of Rich and his cronies?
I would LOVE to see this company be bought out by a major, lock stock and barrel, let's be straight here... the management is, at best, incompetent. At worst... well, one can speculate.
I hope for the best for my holdings of TRGD... but plan for ZERO, where it is now.
For SURE, LTS... they just took TRGD to $0.00 on the TD Ameritrade accounts... sort of a shock to the system! I wonder if there is a reason for this, or just that it has not traded for so long... is this the one year mark? Be nice if the kinder, gentler management would comment on their progress and a projected timeline on this important matter...
Hey, how about the Mods deleting the trash that the clown kzetmeir is posting? If that is not a TOS violation, worthy of suspension, what the hell IS?
The guy is a consistent jerk, and has posted several personal attacks, and a PM too...
So either play by the rules, Mods, or allow me to respond to this douche-bag in an appropriate manner.
This is good news, but is certainly won't move TARM out of the (sub) juniors... good grief! this is better than a drop in the bucket, but not much better...
I really hope the money is used for true progress of the properties, and not to provide more big salaries or bonuses to the few, like Rich and Dishwater...
I wonder why they felt the need for so many different companies, several which can NEVER seem to get their reporting done...
Will this bring about the remaining distribution of shares??? Finally?
Thanks, Sam... appreciate the info...
It would be easy to hang in there if there had not been so many LONG delays, missed targets, inabilities to competently deliver required filings... and deafening silence most of the time...
Would we not all cheer if this entire company was sold, lock stock and iron ore to another producing miner??
I think others here are far better qualified to answer that... but... I think it has to go above a buck anyway...
Normally it would turn me very bullish, but given the propensity of the management to skim large sums off the top for salary and bonus, it may not last long or be put to the best use...
The iron ore stuff is less exciting with China slowing... and even reneging on some iron ore contracts...
Perhaps they can sell some of their other properties too, I think they have shown they are pretty inept at developing properties on their own... maybe the new employees will change that.
Will the distribution of shares ever be completed? I doubt it... I think the TRGD shares are maybe lost money. The management has refused to address that issue, so that cannot be good.
We are back into a info blackout... so who knows what is going on... potential deals, developments, etc are not the shareholders business I guess.
Luck to you!
I guess we are back into info blackout mode... see y'all in 6 months or so...
I have a feeling that trying to get out of this stock could be a real struggle... in thin trading... so a long-term outlook is almost a requirement... agree?
Anyone with a brain bigger than a pea knows that obtaining properties is a small part of a business equation... same as here with JAG.
Making them PROFITABLE is the key.
Read a few articles, finish high school, come back later.
New to this board... good post, cork!
CMC looks like a great spec play right now... still agree?
I wonder if they are a buy out target? Sounds like they have some good properties... I am familiar with TARM and JAG, sort of in the same boat? Good dirt but iffy management...
Any info will be appreciated!
Hi, guys, new to this board...
I am familiar with companies that have good properties and poor management... like Tara Minerals (TARM)...
this stock looks like it is down to where there is compelling value even if it is just sold off in chunks... no?
If a Chinese company wanted it at a $Billion, seems that the dirt must be pretty attractive... so I am in for a spec play...
Hope it works out!
Just checked... the "news" is not on my Scottrade summary of TARM... bummer... maybe when the cash is actually banked. Also, the bid/ask is .74/.86 not exactly a trading stock...!! I hope we are not looking at another 9 months of silence here... at least the TRGD stock will be a long-term holding for tax purposes!!
Good points, Sam...
I guess I would be more comfortable knowing the overall problem with the re-listing of TRGD... is it the financial statements? It seems like years, and one would think any technical reporting issues would be addressed by now, so what really is the problem, do you know?
Still, will be very happy when the Yamana deal is actually done and the cash is in the bank... I know I rag on the management team, but really... it seems that a joint effort is far preferable to the Tara guys trying to do anything on their own...
Anyone here have any idea as to a timetable for getting TRGD back to trading again? What are the problems/issues??
I would think that this would be the number one priority, as many SH have to be really concerned about the long term freeze on these shares... I know some have felt the LONG lack of communication by management has now been totally excused by the deal... now is a great opportunity to start keeping the SH informed a little better about everything that concerns Tara.
i do not disagree... but if the Edgar online thing was picked up by Yahoo finance, I would have thought it would be picked up by the mainstream brokers...
Ah well, you sure have a point about false starts... at the very least it is nice to start to feel there is a chance for this stock to move... been a long time.
Good news for sure, and YES, distribution would be great... any reason for NOT doing it soon?
There is no news on TARM indicated on my Scottrade account, or on my Ameritrade accounts... which sucks as this announcement needs to be available to potential investors... wonder why it is not?
I hope the cash is used in a manner to max out SH value and not used for increased salaries and bonuses...
Good post, Yo, it is not personal, it is about treating your SH with the respect they deserve and avoidance of manipulation downward through refusal to update... even on a high level...
Nice to see a little light here though!
Is that a brainless horsefly buzzing around spouting drivel about deals and ants?
New to the board... a lurker... best to stay in the shadows and keep the gob shut...
I am very happy that this development was announced... happy for all holders who, like me, thought that the shares would be worthless in TRGD...
As far as apologizing, if that was intended for me... and since you mention it... I still think the behavior of the management team was WAY out of line...
The almost total lack of updates to the SHs can be viewed as manipulative... in that many probably sold out due to reasonably assuming that this company was going down the chute... BECAUSE of the refusal to update on ANY of the many issues...
So throw your stones elsewhere, Jag-O.
I always knew that the management were honorable men and that everything would work out just fine...
I notice the market makers are still trying to drain every drop... up 13%+ on 21,000 shares... someone got creamed... again. Shady trading practices on a shady companies stock...
I think this one is another PUDA
Here, here, LTS
Be interesting if any response comes your way, at least any substantive response...
I like the one where it may be illegal to update shareholders...
At least is was very original!