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.
Yep , and too tha moon in 2011
I bought some of mine at .045 and avg , down
dgri # 13 on active boards.
ther is always another "tomorrow"
the mm's are playing with you. the volume is low - need double the volume to keep this kind of run
so what is the os now??
No i disagree , its not coming out at all today or tomarrow - mark this post.
there is no way with this dilution this stock is goign to 2 bux to get listed on the amex without a revers split. no way thsi company is goign to get a 800 million market cap.
I know i wont be around on tuesday - ill be out on friday if not addressed tonight or tomarrow. I can alway get back in some other time. I am very diappointed at the ceo at this time.
The Whole thing is now - why would anyone jump into this stock, now knowing that this happened. I see only 1 way this stock is going, unless they happened to buy a property that is ready to be mined or is being mined with the money like a jv.
It doesnt matter how much this stock is pumped by the company now with good news that the ceo has lost his credability and im a long - just thing that flippers will do to this stock
I know if this dilution isnt addressed tomight or tomarrow - I will be selling on friday and take my loss - and move to srsr - with a trustworthy ceo.
What a way to leave a bad taste in your mouth going into thanksgiving
i still want an explanation on the dilution.
so what u are saying with the dilution we are still worth less than what we paid for 1 property.
The only thing i DONT get about this company - is why they dont settle the dipute over royalty on the oregon mine , and get it up and rolling, as if i remember right it had a grade of 2 oz per ton they were pulling out then - think of the profit it would produce for this company now 2 years later and gold doubling.
who cares as long as u know that the property ws sold for 8 mil.
at the price of our stock now - i would have to say we are undervalued - wouldnt you come to that conclusion>>
So u do acknowledge they bought the property for 8 mil then.
it says right on the bottom of your post
Upon the completion of payments totaling $8,000,000, the Company will have purchased the mineral rights to this property.
so put that behind you.
Juniors usually get bought out for between 10% and 40% of in situ ore value. A good example is a company called Palmajero. They were bought for 1.1 billion in a merger this summer after drilling off about 3 million ounces worth of proven gold equivalents. This was 40% of the insitu valu.
I say we get a pr tomarrow to enjoy over this long thanksgiving holiday.
What dont you read the news ?? ww3 coming - gold is the only true currancy. gold will bbe 2000 by end of next year. probably 3000 or more when the euro colapses.
Like i said friday - untill the ceo addresses , the rumors about dilution. no one is going to take thsi company seriosly.
Anyone out ther - that can copy and paste the inside fo the pdf so i cna read it.
can u post it or at least the guts of it - i cant open pdfs at work
Personally I believe the shamika investment - will catapolt us before anything else
he would address the concerns of the shareholders in a "letter" before the end of the month
END of the month is long way away. If he is diluting - he really put a sour in investors mouth - if that is the case - when u cant be honest with investors - u dont get longs, becsaue of mistrust.
sure hope ther wasnt dilution
he should of jsut called me - i would of done a privae placement - and had the shares restricted - would of been beter than letting them go in the float
theres a reason its called "mineral Island" .
I believe through our investment in shamika , dgri can only go up . longs will have ther day.
By the end of 2008, Shamika
expects to hold full mining rights on approximately 6,000 blocks for a total
area of about 5,000 square kilometres, most of these concessions being located
in the Kibara Belt of the DRC.
5,000 square kilometres , THATS ALOT OF PROPERTY
I though mr hollis was to adrress this today - as posted thsi morning
who posted that hollis was going ot clear up the csti and dilution questions today??
where ill buy millions more!!
this will not go to .007-.008 period - our holding of the shamika stock alone is worth that.
The beauty of this stock is as the price of gold goes up = the cut off grade gets smaller , and the more gold we have to extract.
they said cut off grrade was .005 - that was when gold was a 900 - think of cut off grade now .0028
I have a cash acct. I dont flip stocks - I find a company that has the goods and INVEST. This stock is so undervalued - I dont care if i wait 5 years toil frutation - Ithis stock will be dollars 1 day.
The company isnt selling shares- - the os hasnt changed, Dont know why people think that the company is selling shares. Call Mr. hollis - he will comfirm.
Shamika’s Properties
As of Dec 1, 2008 Shamika securely owns 5157 mining blocks . The most promising are:
Kalehe (South Kivu): Tin, tantalum, tungsten and niobium (formerly a producing mine)
Idjwi Island (South Kivu): Tin, tantalum, tungsten and niobium
Punia-Lubutu (Maniema): Tin and tantalum
Manono (Katanga): Tin, tantalum and tungsten
Poko (Province Orientale): Gold, diamonds (artisan mining
I like that we have shares of a gold diamond company
Poko (Province Orientale): Gold, diamonds (artisan mining
and this ,
Pursuing joint ventures with Chinese companies to build Shamika’s importance as a supplier
gotta love this -
Preparing Shamika for an IPO or RTO in Q1-2010 and positioning Shamika as a strong acquisition candidate for global majors
we know Shamika has done this RTO.
im waiting for this
Shamika as a strong acquisition candidate for global majors