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.
It's actually not a bad bet at these prices,under 20 cents.The fact we get a little pop when the some rumour comes along means that if something substantial actually does result,there might be a chance to make a small gain,if you're nimble enough yo get out ahead of the rush for the door by fed up shareholders looking to reduce their losses...heck,I might even take a flyer on it myself,I made enough on my other picks to throw a dollar or two at it....hey,the MAXIMUM you can lose at this point is 20 cents....
.ps bring an honest individual,I'll let you know if I actually do ......it's only play money for our group anyway...
whatever speculation drove the price skyrocketing up 4 cents obviously didn't pan out....again
yup,we're ''goin' to the next level''alright-which everybody always assumes is UP....not CRASHING [which is typically what it does when exuberant verbosity takes over]
ANOTHER flash in the pan? the shareprice looked like it was moving up[Mkjiii chortling about ''its up 40%]but I see its fallen back under .20 on over 300 k volume so far today...
[why am I not surprised?]
Getting out of debt at this point can only be accomplished by selling assets,which only devalues the company and reduces our options.But without a clean sweep of management,all we ensure is more of the same tactics that got us into this mess to begin with.My suspicion is while there will likely be a brief flurry of activity on the shareprice,reality will soon bring us right back to where we are,or lower
If you look back,you will see that every pathetic gambit these guys tried to pull off flopped.Remember the 'huge news"of the share buy back that the rah rah boys were trying to say would boost the shareprice?(it didn't,how can you initiate a share buyback if you don't have the cash?)What was really funny was one day they were denying that dilution was a problem,and it was actually a good thing for 'liquidity' and the next day they were touting the share buy back
The market ALWAYS has the last word....
I took a lot of flack for having the temerity to demand accountability from these guys,(which is what DD actually is) and was roundly denounced,called names put on "ignore"*and labelled the "village idiot"for "poisoning the board"because "we were really lucky to have MrFifer on our side"I said INMETs offer was very generous and we should take it(got laughed at for that*)
Guess what?I was right....sucks,doesn't it?
*they might want to rethink the wisdom of those decisions given the shareprice today
Nope,I suspect the ink was hardly dry on the new stock we issued before it hit the market.This of course is of many such questions the "positive " boys refuse to address,if the deal was so good,then WHY was Fifer and the insiders DUMPING the stock?.....after all, it was 'really worth $5 "wasn't it?
I highly suspect some of the big names that are touted ad nauseum who bought into this debacle fervently wish they had never heard of Fifer and his friends...of course,that's one of the risks I taking large blocks of stock,if it doesn't work out as "anticipated"then it's not so easy to divest your holdings.Trust me,I doubt very much they look forward to answering questions from THEIR shareholders WHY they got taken in by the "story"when the annual reports come out listing what they paid for it and what it's worth....
thanks for posting Fifers holdings .....ONLY 4.4 million shares?-WHEN and more importantly,WHY did he DUMP the REST of his stock?.What does he know that the SHAREHOLDERS don't?...got to make you wonder doesn't it-when the guy running the circus only holds LESS than 2% of the stock ,WHAT vested interest does he have in its SUCCESS?I mean,if he thinks we are going to be 150K Mid Tier Producer by ''next summer''then WHY would he be dumping HIS stock NOW?and come to think of it-what about the REST of the INSIDERS-what do THEY hold?WHERE did all the shares they got for the LOM POY debaccle go?[WE know what WE got....massive dilution]
ps-now lets see if MKJIII can come up to answer THAT[not that I'm holding my breath,she doesn't like questions like that...]
and maybe the next time you shell out $5000 to hear Rick Rule,you might just ask him that question,oh and while you're there-ask him when he ''anticipates'' getting his PDI shares.....
We're blowing through the roof at 24 cents(that's about a buck below the point we were 'going to the next level') this morning,so there is some speculation something will be finally resolved.At this point, I suggest most people (even the bleating blowhards) are just hoping to cut their losses by a few pennies.....too bad they didn't LISTEN to the people who were demanding ACCOUNTABILITY
Why?-because I am only holding a residual position through a holding company,having sold the rest at a profit when they spun out COPPER.And there was always the faint hope they would fire the management and bring in competent experienced people to run the operation.Its been my opinion that doing that would double the share price on the news...
Besides all that,I happen to enjoy poking the pumpers,best entertainment in town,but there's really nothing unique about them,every junior miner on the Vancouver Exchange has their entourage of exuberant rah rah boys who are absolutely convinced they have found the road to riches,and the insiders count on these naive people to buy the stock they are flogging off themselves( check the insider sales)...downright funny when you read the posts where the rah rah boys are going on about 'weak hands' selling and 'thanking'the people who sold them their 'cheap stock' cause it was 'going to the next level'( which it did-the bottom fell out of it)
Gotta love it!-wouldn't miss it for anything!
she just doesn't get it....but seriously,I'm wondering if she holds any stock at all,any serious investor holding PTQ [bit of an oxymoron] is probably wishing they should have sold when INMET made their very generous offer-that the rah rah boys openly treated with derision...funny-they don't like people reminding them of stuff like that,do they?
Neither is there much point in trying to have an intelligent discussion with people who lack the basic wherewithal to even have an intelligent discussion......Anybody with a modicum of intelligence would look at the disgraceful RECORD that this company has achieved and wouldn't waste their time....
Our group DOES attend meetings, HAS served on various boards and is WELL aware of the FIDUCIARY RESPONSIBILITIES a BOD has to the SHAREHOLDERS .
I am also WELL AWARE of the REASONS competent well informed and ethical people like Det McVitie ,one of the strongest supporters of this company decided to SELL his holdings and told us WHY-"Too many QUESTIONS,not enough ANSWERS".The SAME reasons some of the intial BACKERS of this debacle decided to DUMP a large part of their holdings....when people like that LOSE CONFIDENCE it kinda TELLS you something,doesn't it?
That was the "SMART MONEY" (bleat all you want,look back and see the prices they got when they sold....over 90 cents.....the chart never lies....)
PS-our group is buying heavily,in well managed juniors,with good potential that HAVEN'T been promoted or diluted yet....maybe that's WHY we make money.....buy LOW,buy LOTS ,and SELL too soon...(about the time the rah rah boys come on board thanking us for selling them our "cheap stock".....)
"A"single new board member won't have any effect at all,but a whole NEW board might take action....
First job -issue pink slips,fire the people who got us into this mess
Second job-consolidate the stock[the massive dilution is killing us]
Third job-recapitalise the company
Fourth job-get some experianced competant people in there who know how to mine gold-not shareholders pockets
then maybe,just maybe we could survive ,but anything less virtually guarantees more of the same...
Timing is a well recognized tactic when there is bad news,first they try to delay ,or bury it,or put out "Huge news" in an effort to detract from their failure,anything to draw shareholders attention away.The Market isn't fooled,only the naive shareholders who will swallow anything....
Our group isn't fooled either,we've been in this game too long to be so easily hoodwinked by a few exuberant rah rah boys who follow the "greater fool"*theory of investing,or what they think is investing....
* "you're a fool to buy it and you are hoping a greater fool will buy it off of you"..,,,
I'm sure Mkjiii can tell you,she's right up on the latest,remind her and see what spin she can put on it...
But,hey,maybe today's pop is a forunner of "huge news",or it could just be another flash in the pan like all the rest of the rumours that died in the sand.....shows how desperate people are,grasping at any straw....
Nah,I think she is playing Monopoly with the girls....but the stock took a bit of a blip today,maybe there IS "huge news" .......just be careful you don't get trampled in the rush for the exit door
Yes,our group has had very good success as well,300 and 400% gains on several well managed juniors.Sure glad I took my PROFITS when they spun out COPPER,it's been DOWNHILL ever since......check the chart
Let you in a little secret,the more "ignores" I get let me know I've probably read it right-you follow the herd,you step in what the herd leaves behind(courtesy the ranting rah rah boys who actually think they are "investors")
Yes,our group has had very good success as well,300 and 400% gains on several well managed juniors.Sure glad I took my PROFITS when they spun out COPPER,it's been DOWNHILL ever since......check the chart
Yes,our group has had very good success as well,300 and 400% gains on several well managed juniors.Sure glad I took my PROFITS when they spun out COPPER,it's been DOWNHILL ever since......check the chart
chances are Fifer is a non entity now-while he might still do the signing, FQ and the Bankers are actually calling the shots.Nor can I see any evidence the BOD has ever done anything-where were they when all these decsions were made that brought us to this point-out of time and out of money,and massive dilution that has tied our hands?Looks to me like the BOD was just rubber stamping Fifers demands...not sure, but they might even have some legal liability....
"Bashers-it's easy to kick someone when they are down"......hate to mention this,but I've been questioning these guys tactics for YEARS and all I got for my demands for accountability was to be denounced as the 'idiot"and "poisoning the board" and put on "ignore"( wonder would they like to rethink that decision now?)
Ps-remember how Inmets very generous offer was openly laughed at?......chances are these very astute people who actually think they are 'investors' aren't laughing now....
The lom poy WAS a fantastic idea,and very profitable-for the insiders who picked it up for a paltry million bucks and flogged it off onto the naive shareholders for $30 million,if I remember correctly,who actually thought they got it "cheap".....heck of a deal....and just what did all the insiders and friends do with their pennies from heaven stock?-dumped that pretty quick,they weren't so dumb,were they?
And what's got to be the FUNNIEST thing of all is,in all likelyhood it was the exuberant rah rah boys who were buying the stock we issued for this abandoned gold property in the first place!
That's what it looks like to me,but if I've got it wrong,please tell me....
Badge,of course you are going to get your PDI shares,the 'deadline' for the spin out is 'next spring'at the latest....and you can bank on that,for sure,after all, MrFifer said so didn't he?
I think she's playing "Monopoly" again....
gotta chuckle though,remember that exuberant rah rah boy making a complete fool of himself by saying "we have FQ by the balls"?
Funny how the little pissants actually believe they are important...do you think FQ even knows who we are?
She is just doing her job,don't try and match up what she says about buying with the tape.....doesn't tally,but with this company,what does?
But truth be told,at these prices,which it seems to be stabilizing at,any news might result in a blip and you might even make a buck of two,if you don't get trampled in the rush for the exit
I agree,if a deal IS imminent,we SHOULD see some interest and maybe higher prices. Their biggest problem here is the companies long standing record of delays resulting in total lack of confidence-as seen in the shareprice and that cannot be denied
no trades today....the unkindest cut of all,people aren;t lining up to buy this ''great opportunity''and bidding the price up just to get in...
funny,you'd think with a ''deal'' supposedly being imminent*-there would be at least SOME interest...
* based on past experiance,''imminent'' with this company doesn;t neccesarily mean we should be holding our breath...
Every so called reason for why the shareprice has tanked has fallen flat on its face.Most of the enthusiastic supporters who touted management as the best thing that ever happened have drifted away,leaving the naive and the foolish to continue the fight.....meanwhile the stock continues to be IGNORED by the market as the shareprice continues to drift lower.Not that this would be of much concern to management and the insiders,it appears they have dumped most if THEIR stock long ago....so why should THEY care?They've already GOT their money ,right?
Now let's see what Mkjiii has to say- you can always count on her to be bleating some feeble excuse about Easter bunnies....
When?never ,as far as I'm concerned.I haven't liked what I saw ever since they started this whole gold mine debacle,then adding that nice little flip from the lom poy,they picked up for a song and convinced the shareholders they got a bargain( it wasn't)so as far and I 'm concerned it's been nothing but spending money and raising more equity financing to cover it (plus those fat finders fees) resulting in massive dilution,which has really tied our hands now that we really need some financing.....and that's the management we've been handsomely rewarding...some people might be still fooled,but the market sure isn't
the only information that is of material interest must by law be officially released to all shareholders-anything else is worth what the easter bunny left all over my garden-and no,it wasn't easter eggs...the so called ''in the know ''people have posted a lot of information that never materialized-if they had the brains of an idiot they would realize they have egg all over their face
just the ''weak hands*''selling.....its going to $5. because we're going to be a 150 K Mid Tier Producer by ''next summer''[that would be right after the PDI shares are spun off''this spring''....
* I think they said that when it was over $1....code3 guy was buying and thanking the people who sold him their ''cheap'' stock....and putting anyone on ''ignore;'' who disagreed[he's sold and gone now]and then there was the bunch that was deriding INMETS offer as ''rediculous''and they ''wouldn't sell for anything under $3''....uh-wonder if they would like to rethink that decision not to take Inmets very generous offer....chances are we'll never see THAT again..
sometimes you just gotta chuckle...
I have no arguement with this opinion on a GENERAL sense-but in SPECIFIC situations the rule does not apply-EITHER WAY.
In my opinion PTQ's problems have very little to do with the GENERAL market and GREAT DEAL to do with the internal issues-specifically management,and until THAT is changed,I see very little hope for the company
the shareprice is telling us all we need to know...and none of it is ''positive''.I suggest any little pop in the shareprice is going to result in the rah rah boys jumping up and down and exuberently bleating ''I told you so''-and a mass exodus for the door...Emotion always rules on the short term-but facts always determine the long term...and in this case-the facts aren't good-check managements record and check the chart,its NOT lying,even if people look the other way
If these supposedly"informed"people didn't know what was happening THEN,how could they possibly know what is happening NOW or what MIGHT happen in the FUTURE?
""Offer a realistic view of what's going on""now THATS funny!
Actually the sliding shareprice and the chart is telling us all we need to know...no amount of special informative "information "can erase the handwriting on the wall
Got to chuckle about the ' no name calling"comment,these same "positive boys" have been calling names for years to anyone who DARED to question their favourite little gold mine that they claimed would be a "150K Mid Tier Producer really worth $5 by "next summer"-guess they can dish it out but they can't take it,got to run away and hide
do you think she gets paid by the post?[from the results they aren't getting their money's worth]
We probably ought to Give her a break,she's only doing her job....not very well and not very effectively,I hope she hasn't quit her day job
But maybe the Easter bunny has been good to her,come to think of it This favourite little gold stock that was supposed to be 'different'(it wasn't)is a lot like a chocolate easterbunny-looks good,but hollow inside....
Goose eggs.....but I'm really glad the invitation only private blog is alive and well(only 'positive' information is allowed,like PTI will be spun out by 'next spring,at the latest' and we will be a 150 K mid tier producer by 'next summer') From the positive people used to post and have long gone,I was afraid it was getting lonely over there as invitation only blog was down to one or two starry eyed members who still think MrFifer is their friend....
Ps-still bravely bleating it will be $5 by 'next 'summer?
no,they'd have to strike oil[other than in shareholders pockets] or something like that.Think about it-if YOU were the banker-WHY would you loan this outfit a thin dime?WHAT would you look at for collateral?HOW would they plan on REPAYING the loan?.....[yeah,bankers are funny about stuff like that...they aren't as glassy eyed as naive shareholders]