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True, However, Time to Live in the Present.
The past is DONE babbbyy, OVER. Kinda like used toilet paper, keep the past in perspective so you know how it works, but once you wipe, throw it away,it served its purpose.
It is possible for many to get out of your pasts' shadow and climb into the present. Just not a comfortable place to be or a natural state of mind, much safer to recite history and fall back into your own sh_t soup.
TRY to get UNStuck and move on with it, you'll be happier I think haha, to each their own, I just refuse to reside there with ya all.
JMHOOnly
I do not flip, therefore I do not pump.
Tried it once was terrible at it, I am not a pinkie player. I am in investor in the mountain. It just so happens this wild ride is a pinkie, which I think will work out nicely, shortly. I could care less what the SP is today or was yesterday, that is your baggage and most peoples primary concern. I only care what it will be Post JV, that is why I am here, not trying to turn a few hundred bucks on swing trading this POS.
Unlike many here who love to tout their opinions as gospel and are stuck in history land. If some of you could choose to live in the present, and not be driven by your past, you could make decisions based on today, with some input of yesterday. Unfortunately it is the other way around for most, not anyone's fault, it is just called being human.
I have no intent on trying to convince anyone, frankly I could care less and posting here with the clown patrol gets my crawl, but every now and then I do it anyway. Must be the sadistic side I need to feed, lol.
My advice is if anyone does not like what I say, Use the Ignore feature at the top left of the home page, or agree to disagree. Pretty Simple.
Go Giants
Mariner, thanks for the reminder:
Personally I am not looking for any type of an announcement today. If they truly are meeting with the Notario as we speak, it is strictly an exploratory type meeting to determine whether there is any more revisions that either JJ or the Notario require. This is the hurdle that needs to be completed before anything can proceed further.
That is my guess
Rumor Has IT:
Things are moving forward and we could be at the end of the revisions this morning. There is no date set for the Notario Signatory meeting as of this morning, however that could change as we move through the day.
This is what I personally been anxious for,which is the last of the revision work. Then there "should" only be one item left on their agenda, however:
(Stole the following from Kirk)
Q. Does anyone know the difference between a good attorney and a bad attorney?
A. A bad attorney can drag a case out for years.
A. A Good one can drag it out even further.
It's Not Over till its Done. My Grandpappy always said. Let's hope the Fat Lady is warming up in the Green Room
Good Luck Boys and Have a Great Weekend.
Go Giants
I rest my case. couple years, lol
The nature of the majority that post here are either pessimistic, Bozoish, or know it all already. It is difficult for those that are optimistic to come around and put up with the lousy karma.
Post JV,or as most here would state, (If there ever is one). I would think this place may be disneyland ( the happiest room on earth). lol.
Good thoughts MFN.
That pretty much sums it up, No more need at this time for he said she said, total waste of energy. If the bottom feeders want to make flipper money, there are much better games in town than this one at this moment in time, thats for sure.
Go giants 2 Phillies 1
Time to watch this puppy go
Thanks for the 3 bill contribution, lol
ohhh, OK, my mistake, lol
based on what info do you have in the present and future you might want to share. Please spare me the angry history spew
Great Post Rick, 100% spot on.
Huard, Here is the Pool, Pick a Day for a hundy
Game Rules
A hundy a pick, 3 pick max, whoever is the closest with day and time in half hour increments, for the first official time stamp on the first market wire release announcing the JV from Medinah, wins the pool, play money onlym as they won't allow gambling on Ihub with real money is payable in Vegas coctail party opening night. If you don't plan on attending the Vegas AGM to collect or pay out you are ineligible to play
I am in for the 3 picks below.
1. Thursday 10/21 at 4:30 - 5:00 EST
2. Tuesday 10/26 at 4:30 - 5:00 EST
3. Wednesday 10/27 at 4:30 -5:00 EST
Anybody who wants to pick next year, now is your chance to put up or shut up, lol. Hey Jinx,Chewy, now is your big chance to win big on your 2011 guesses. Be sure and get Bozo to throw out some 2012 times, haha
Who's the Gamers?
Statements made with no real source of info
Is classified as a guess, which is something I do not consider valid.
Keep the faith, and be cautious if you flip. You may get a surpise. It"s not going down much as I don't see anyone selling right now other than minimal.
IMO
OK, My post stating July 31st.
Should've read, it was announced July 31st that a partner was selected earlier in the month.
On July 31st, 2010, JJ selected a partner.
Out of the multiple offers that were presented, he got a commitment from one that he wanted to work with that was also willing to deliver him his number PLUS.
Through today that is approximately 66 working days ( not counting the 20 or so Chilean Holidays), so my guess is a Net 50 Working Days if JJ put the rest of his life on hold and focused on this exclusively, (oh and don't forget the very large staff of 1, maybe 2 more, we have working on this). When you consider what it takes to push a multinational deal involving with 7-8 companies ,alongside of 17 attorneys, dual language contracts, rescue operations, earthquakes, committe formations, sub partner issues, embassy guidelines, and proably another 20 road blocks we have no clue that had to be dealt with along the way. etc etc.
Everyone who has been around this play for a while has the same frustrations leading up to this moment in time. Go talk to yourself in the mirror about this and see if you can mentally flip flop your whiny know it all brains, (you know who you are) and see if you can change change your ships direction and compartmentalize the old days,(Pre July 31st) and open a new window into the present. Just PRETEND ( cause we all know it can't happen ) you might have a big pot of gold in your bank account in a couple weeks and a Ginormous Christmas Budget and see if that can manage a smile. If this can't get a smile on your sad @@@, then god help you.
Last I heard we do have free speech, unfortunately they can't ban clown speech ( that is why we have bozo on Ignore, is he still here, lol). This ain't your daddy's run of the mill JV/Merger. Personally, if it wasn't for the fact that JJ has been down this road before and has the knowledge and experience of what needs done, this could easily have taken them 6 months to get here . For those that are not mentally capable of switching gears, my apologies.
For you Armchair QB's you who say next month, next year, etc. This time there is more proof of next week, then next whatever, for a change, .
For those that gripe about no info, look at some other plays that can't stop flapping their mouths, maybe we're on to something.
Personally, I want to commend JJ on getting this far this fast, once the Offer Was Accepted.
JMHO as always, Go Giants
My Dividend showed up on Saturday, whoo hoo
Mariner, You are 100% Correct.
Most people are never fortunate enough to stumble onto an opportunity such as this. Many when they do, pass it right up and wealth blows right on by. Even those we share it with, can't believe it can happen to them. When it does come around, it is totally unrecognizable. Others get it right away.
It is constantly miscategorized with the traditional Pink Sheet POS, that most investors are used to P&D, Get Shorty, Flip Flop, etc etc.
JJ is Old School, no corporate tricks, no pumps, no BS News Releases, ( contrary to what we as stockholders would like to see, lol ). He created a master plan by accumulating mining claims and merged everything into the Lipangue over the years of blood sweat and negotiations. He wants to create a legacy for his family to enjoy as he is in his 70's. The price of minerals allow to get the value he knows the Lipangue is worth and gives the major insurance to that, again due to the price of minerals. Those here will be able to watch his baby born as what he calls the stockholders "Friends of Medinah" and show it to the world. Even the naysayers, bitchers, whiners etc, will applaud at that time, and probably say, I knew it all along. haha. Just wink at em, lol.
I rarely post over here as I hate the fact that so many throw out their idiot opinions as facts, and they know virtually nothing of what they have got. I personally am glad to see there are a few on this board that get it. May even stop by more and more if you can clown proof this place, lol. I have enough people on my "I told you so list" that will attend my big bash post JV, that I will be throwing for those that did listen. I will be sending the listeners the bill, Your invited BTW.
Next week should be Dynamite.
Go Giants, TUP
Haha, Actually my 2nd
You seem like you are full of
Wisdom. Any advice U can give a newbie about mining would be helpful.
TYVM
Jack, I finally agree with you.
I take back all those bad things I said before, haha.
Not really
Jason, there are those here who must defend
NSS NonPositions and declare to the world they do not exist. Technically speaking, since they do not report that they do, it can be time wasted to prove your point, as that is the platform for which they stand. It only provides them a pulpit to post more negative info and attempts at confusing and degrading the company as kind of a misinformational strategy. All this does is occasionally causes many people to sell out prematurly.
Most here understand the existence and the potential of SP Increase when they are forced to cover. But IMHO, it is a waste of time to engage some in these types of conversations as many here run on different agendas then the Longs.
When key things surface, you see multiple posts from team Shorty about the same things or nothing to confuse and bury key info pages back via posting volume. It does work, however, lol.
Hey Andy, Thought I'd drop in and chat some.
Lookin forward to this Ride also. U still holdin our little Jewelry box in the Andes? Better be
Baby Needs new Shoes
SP and Volume will determine when the FTC is in force.
Once we see a bigger spike of volume, followed by the SP increase, we will know that the word has officially come down from the clearing boyz, that it is time their ship reverse direction and try and c ut their losses. Northbound ASAP, with some Southbounding to help the course, lol.
Unfortunately, there is no such thing as an NSS List, as some are asking here for where to find it. If there was, I am not sure how many would like to incriminate themselves by letting anyone know how many shares they shorted without covering. I believe it is illegal to do this.
The numbers that they window dress and report to FINRA are those that have been reported and usually have been covered.
I believe that Monk has an idea or two up his sleeve about how to get this to happen sooner than later.
A NSS Position of that size, will take some time and quite a run up in SP for them to obtain the shares they need to fill their Nakeds.
Hopefully they will get an FTD or an FTC somewhere soon, that will pressure their clearing firms to begin the cover. I am not sure what the NSS in VRML was, but it was not quite that high.
I am looking forward to see how the DIVY
Strategy Plays out. If it works as most hope it does, it will be a game changer for many small companies and could theoretically put an end or at least the fear of god into the MM"s and their little game. As The Divy is the Tool to get the Cover.
I have no doubt the NSS is off the Chart Here.
That is what makes it such an appealing play, I am looking forward to the Cover. Even more fun is listening to many tell tales of no such thing as a Naked Short and hanging on to FINRA and Reg Sho List, FTD Reqs, etc. quite entertaining actually.
I will try to answer your questions.
Q. at what point, exactly, do the evil NSS'ers actually collect their millions upon millions of dollars?
Answer. they collect them on the way down as do most Shorting, the difference comes a. when you control both the bid and the ask ( as does shorty), b. YOu have no shorting competition, only long competition, and c. Most important if the Clearing Firms never call in the marker, you never have to cover, so all the selling you did without ever having to buy is where your millions of dollars of profit lies.
Q. Why haven't we ever heard of brokerages going bankrupt from paying these guys? After all, they've destroyed so many wonderful penny stocks and certainly must have reaped billions in the process.
Q. Brokerages rarely go broke because 99 out of 100 companies they target, they usually succeed in either blowng out the company or keeping the stock on the down low. Every now and then they miscalculate and a company that either has the goods or a good strategy jumps up and bites them. When your winning percentage is 95 out of 100, you probably don't go bankrupt as a MM. It is a farily successful endeavor from theri point of view, and they take their losses when they occur, cover their mistakes, and move on to easier targets. The companies they wreck, just kind of slips into oblivion, generally speaking.
Q. For NSS to be possible, one must believe that some entity is able to create shares out of thin air in order to short them without ever covering.
A. The entire process of of allowing MM's to control everything from the bid and the ask is very inviting for fraud. If they show up on Reg Sho Lists, many times, the SP will mysteriously drop and they never have to cover, or t Many in Government are working diligently to stop this, unfortunately, most do not understand how it all works.
Here is a great link posted earlier by CMISTOCKS earlier today, which should help you understand what is going on and why.
The Phantom Shares Menace
Q. If they have the ability to create fake stock then wouldn't it be infinitely easier for them to go long on those air shares and ride the momentum of the wonderful penny stock company's success instead of all the illegality involved with trying to destroy it? After all, the potential profit from a short position is finite whereas the potential return from a long position is unlimited.
A. When you are an MM and you short a stock, on your side is the fact that you are the one controlling the bid and the ask, and ultimately the stock price. What a beautiful business to be in. They don't like to take risk, they like to bet on sure things, shorting is virtually a sure thing about 95% of the time,whereas being on the winning side of a trade requires, time, DD and a few other factors to work in the right direction on the Long's behalf.
Unlike some of the bashers here who try to portray that NSS is a figment, or show me kinda thing. IT IS NOT. The more you understand the reasonings behind it, the attempts to get it under control, the better investor you will become.
Agreed, however Can we just get this announcement thing done.
You forgot to add,
"My people tell me"
Nice Only Post,
You still on post restriction, lol, oops you can't reply.
haha
Today Could be the Day.
At least we are counting the days, not the weeks that is good.
Probably Tomorrow Anyway, lol
Is Today THE DAY?
Go GIANTS
share count is 3000
Better Keep the Resident Whale current with Info. Who knows what he could do to the SP if he sold 10K. haha.
Bliss in my book means Clueless, lol.
Great Point Rich, Ignorance is Bliss.
Only Clueless Ones are not holding going into Weekend
They may be sacrificing the Rocket Launch for a few percentage point flippage. LP Always said that Fridays were his fav announce day so Shorty Can sweat it out till market opens Monday Oh Well. IMO
Nahh, Looks like the MM's Own the day. May need some tape painters or Cheapies enroute
Thanks for that Info Billy
Could you repost where to send my w-8 or w-9
Next Week, Hopefully last time I utter that
Not for Widows,Orphans,Whiners or Wimps.
Most here have been toughened up during the ride. Thank god it is almost over. Not sure if I could take another month or so. Lol