Often irritated, never duplicated
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For those getting cold feet...
...warm up to this. AOAC test results which also cite the independent analysis by the USDA. Those saying there is no product, that MMTC is a scam, why does this document exist?
http://ddr.nal.usda.gov/bitstream/10113/41910/1/IND44365309.pdf
This might help those looking at SNDY...
http://en.wikipedia.org/wiki/CE_mark
Greetings, friends; Newbie here.
I have read the stickies, the NR's, a few hundred posts, plus googled officers. If it's not too much trouble, does anyone know the US dollar figure for what the next CE mark will cost? Is it strictly an application fee, an ongoing certification, an annual assessment?
I'll look at the filings next, but pink sheet filings aren't always accurate or revealing. I see they are only paying three people, but unless the PPS rises quickly, they could easily outgrow current A/S if they sell shares to pay officers and meet CE mandates.
Congratulations to all who caught today's move. I scan many tickers and pass up 90% within a few minutes. SNDY has a compelling story, especially given the early detection leverage of their duct endoscopy over existing methods.
TIA, and best to all.
"...buyout by OSI would come much sooner."
OSI would have to approve any acquisition via their BOD and shareholders, and some of them would ask about certifications, market viability, etc. I suspect many of them would want to see the machine working in the real world and building demand before OSI would take the leap. The didn't become a billion-dollar corporate entity by chasing rainbows.
That said, MMTC would likely be a great purchase for them, but they can't prove that to their shareholders with the information currently available.
All things in good time. I'm more interested in a suitor like Abbott or 3M.
"Risk vs reward..."
Seeing Vollmer's proposal with numbers that match the recommendations for drilling plans in the SRK report indicates that some smart and industry-savvy people like LBSR's risk/reward profile. I suspect the time is coming when we will be very glad to have seen those documents before the markets had a chance to digest their meaning.
Onward and upward.
Exactly...
I know the "trillions" figure has been ridiculed regularly, but the science doesn't lie. Best estimates and geophysical data indicate that Pebble is dwarfed by the LBSR claims. I vote to name our project "Boulder Mountain".
Hopefully we can get the next phase done without massive dilution. The expectation of an RS will give some cold feet until clear terms and results are in place.
"estimated to have several trillion dollars of mineral reserves."
Gee, Mr. Wizard, whoever could they mean?
Go LBSR!!!
Half the float trades in the first two hours?
That tells me that this is being flipped and churned relentlessly. Plenty of games left before anything worth investing in is revealed. Just found this yesterday, and it has promise on paper, but seeing that kind of relative volume in a single trading session is worrisome to a newbie like me.
Tell me why I'm wrong. I like learning.
"the drilling done at Pebble is an investment in the entire caldera."
True, that, but I assure you someone at NAK had an *oops* moment when they realized that they proved the world's largest deposit only to find that one 10X larger was upland and away from Bristol bay.
D'OH!!!
Food for thought...
HDI may not want the LBSR claims folded into NAK because Northern Dynasty has become the public face of Pebble, i.e. the glaring target of the environmental opposition. They have seen much bad press heaped upon NAK/Pebble and a subsequent slide in PPS.
Having reviewed the topography and local watershed long ago, it was clear to me that if the ZTEM results were correct, LBSR claims were a better bet for avoiding the possibility of contaminating Bristol Bay. Briscoe is the one who recognized the caldera characteristics and claimed the land across the ridge from Pebble, and he likely knows that HDI or any other corporate suitor has a better chance of successfully permitting the Big Chunk claims. Make Big Chunk part of the Pebble project and a large opposition movement tags along to fight us.
At this point, being part of NAK could stall the claims indefinitely, as it apparently has for Pebble. Because the Pebble proposal has become a focal point for environmental opposition, LBSR and their claims could be seen as the best reasonable compromise, and they won't have the knee-jerk negative visibility of the Northern Dynasty/Pebble name hanging around their neck like an anchor.
Long-term, nobody is leaving all those porphyry deposits in the ground. LBSR claims appear to be the best compromise for the development of a large-scale mine on the caldera. I'm holding patiently and keeping my eyes open.
What a wonderful outcome!
One episode like your wife just endured demonstrates what's truly important. We're all here to make money and help each other share information about our investment, but things can happen that make money a distant, tiny concern by comparison. To receive the news you did today is a blessing beyond measure. Best to you and your family.
Off topic, I know, but worth putting out there, IMO. Today I shared the MMTC video with some friends who deserve the security and peace of mind that can come from a few smart investments at the right time. They are reviewing the info and considering investing with MMTC. I gave them the standard disclaimer, about how this size of company is inherently risky, etc. That said, I hope they benefit from the same leverage that should help all of us who have bought early and been patient.
Tomorrow we take another step toward recognition of this timely and important technology. Bring it on!
"Of course there are 2.5BB shares out there"
Again, deliberate confusion and malfeasance. The shares have to be ISSUED to be "out there". You said there "is" 2.5 billion, not that they authorized 2.5 billion. MMTC has authorized those shares, but they are not part of the float. And you know that. Those shares are NOT issued.
I hate to say it...
...but StockRoach is teasing something for tomorrow morning that sounds like it could be MMTC. Not a sure thing, but the clues match fairly well. Attention can be a good thing, but that site reeks of in-and-out traders who could add churn and volume, but will dump for lunch money. Fair warning.
http://www.stockroach.com/you-loved-the-taste-last-time-now-there%E2%80%99s-news/#more-8757
"please bring your check books."
Umm, to buy what, exactly? Private placement tranches? MMTC T-shirts? Unless they have a licensed broker selling shares on-site, it's hard to imagine why one would need a checkbook to attend a public demonstration of an emerging technology. Perhaps they will have actual machines for sale over-the-counter? It's hard to imagine that if the final certifications aren't in order.
I love the story here, but I am puzzled as to what will actually be for sale that would warrant bringing a checkbook. That statement makes little sense in the current context.
But I hope we get a serious spike in the PPS. I hold a strongly positive opinion of MMTC's technology and would love to see them emerge as a leader in the food safety industry.
This page comes in handy when reading the report.
http://en.wikipedia.org/wiki/Metasomatism
I've read most of the SRK at this point.
Like LBSR claims, it is full of good stuff. As I sift through the info, I'll post some of the juicier tidbits.
10.3 Geochemical Surveys
Liberty Star collected and had ACME Laboratories (ACME) analyze 11,641 geochemical samples during the field seasons of 2004 (Table 6-1) and 2005 (Table 6-2). Locally, 2,420 additional samples were analyzed in the field for a few elements. Liberty Star had ALS-Chemex analyze 92 drill core samples.
West(Figure 10-36)offers the greatest potential for Au discovery. A very large area is co-spatially dominated by Au; this area lies slightly outbound of a more central Sb anomaly. Thearea is dominated by impressively large to less extensive Au anomalies that might suggest the entire West block is mineralized or that this low-lying, poorly drained topography has enhanced metal dispersion.
The more I study the SRK report...
...the more I see that Briscoe was very smart to secure these claims. There are still issues with how the company will monetize the claims, but the goodies are there, en masse, in my opinion.
I hope Vollmer is ready to protect our interests as negotiations for the drilling and proving are worked out. Massive riches await.
I agree with you.
That said, not all lawsuits have merit, but they still get filed and the initial impression is not good news. My basic message is to keep the eyes open. I hope Epic goes away quietly with no fuss.
Not to rain on any parades...
...but Epic's assertion of their distribution deal vs. Mr. Brennan's statement from today is the sort of discrepancy that might foreshadow litigation.
I'm long here, many shares, and I've only sold enough to protect my initial capital, but lawsuits kill micro-caps and given today's PR, news of pending litigation would not surprise me. I'm not saying it will happen, only that such a difference of statements between these companies says that one or both parties may have failed to properly communicate the terms, or some loose ends may have been left hanging in a way that requires lawyers to sort them out.
I hope that's not the case, but the company has had many months to refute the terms put forth by Epic. Ideally we have terminated the agreement because more attractive terms are now available elsewhere, but we can't know that at this time.
I will retain copy of this posting for future review, in case someone decides it's off-topic.
"MMTC UPDATE: IMO..."
If it's "IMO", isn't it an update of your opinion, not an "MMTC UPDATE"?
"What in the world would you be waiting for?"
Perhaps for the PPS to drop in half...again...One of my good friends bought at .14 and has no idea when he'll be back in the green.
One of my best finds dropped over 90% between the time I discovered it and the time I bought, which happened to be right before it took off over 1000% and I was able to flip a portion to keep a large position for free. These biotechs have long periods between real news releases, and the PPS can get beat to pieces. Right now I am very glad I didn't buy at .14, or .12, or .10. I hope everyone who did makes a fortune, but despite last year's Sigma deal, the various breakthroughs, announcements, etc, the PPS continues to drop regularly. Given the significant time and resources necessary to fully develop such a revolutionary technology, eventual sub-penny prices are not out of the question. There is no firm timeline for bringing this to market and establishing revenue streams for KBLB, so the shares are at the mercy of the market and all its fickle manipulation.
"by the time they get close we will have lapped them"
Quite possible, but I'll continue to watch. Much can happen in the interim.
"...can't figure out why it isn't much higher."
I watched KBLB for over a year, and I like the potential, but an initial glance at possible competitors showed some promising research into mechanized processes for creating a synthetic protein variant of spider silk. I seem to recall a German company recently announced a major breakthrough in this area. If the goal can be met without the constant cultivation of silkworms, it is likely a more streamlined and profitable method.
That's not saying that KBLB won't be successful or profitable, but I don't like their odds enough to park money here at the moment. Here is a link to the story.
http://www.thelocal.de/sci-tech/20110913-37547.html
"I`m getting real nervous."
Me too; I've never had to pay six figures in taxes before.
Oh well...
=-)
"...or a flacid pps..."
There's your Freudian slip for the day. Go LBSR!
"find proper funding..."
Emphasis on the 'proper' part, please. I don't want this next run nipped off by scumbag financiers. GLTA.
I'll do my part to support salmon fishermen...
...by buying plenty of yummy sockeye fillets when LBSR pays off. It's coming...
They will likely highlight the SRK report.
I seem to recall it was under 'links and articles', and slow to load. It would serve us well to have the body of that report front and center on the website.
Agreed...
For those who have done the research, LBSR is a monster waiting to be created. Despite all the personal attacks on our CEO and president, the company continues to increase the potential with long-term diligence and hard science. It is my belief that those who ride out the temporary setbacks will be rewarded many times over.
In addition, I thank S4 for the many hours of digging and sharing, plus the die-hard optimism in the face of over-the-top negativity and the petty personal attacks displayed by some. May 2012 be the year your steadfast dedication is vindicated to the tune of seven figures.
Best to all, and best wishes for a wonderful holiday season.
Hi Amigo...
I did quite well with GSAT in 2009-10, not holding now, but watching. Tremendous potential, but truly rocket science at the moment. If they execute well enough to renew the contracts for existing clients, there is much upside. Good luck.
Thank you, Amigo!
Nice find.
"Knowing nothing is always sufficient grounds..."
Lilpup is no dummy, but the computing and data storage requirements for huge engineering projects are a lot different than those of a home office entrepreneur. I've been involved with both.
And I know we see a lot of comments about how all the secrecy must be covering for malfeasance or ineptitude, but as shareholder, I'd like to think that we are keeping our proprietary data locked down and local rather than sending it out over the wires or airwaves and hoping nobody intercepts or hacks it because we took the cheap route.
"I think the cost for those computers are justified"
I readily admit that I don't know the specifics here with LBSR upgrades, but we used Phidias and some other non-layman software that was incredible complicated and expensive. The contracts gave the spec requirements and we jumped through the hoops or lost the client.
"$28k to upgrade a few computers?? Irresponsible."
Have you ever done large scale civil engineering? The public corporation I worked for had to keep topographic maps for projects that covered hundreds of square miles, with many individual overlays or each project, multiple redundancy backups, and enormous amounts of data, plus industrial servers and proprietary programs most have never heard of to render and analyze the data. Some of those specialized programs required a single dongle key that cost $14,000, and our client contracts, often taxpayer funded, required that we do every process with rigid protocol specifying acceptable hardware, etc.
The geophysical data involved in a project the size of BCSP likely exceeds anything we ever handled, and that's just one of the projects LBSR has on tap. I don't think Briscoe does everything right, but given the nature and scope of the work being done, they may have spent far less than they could have.
No shortage of armchair CEO's and second guessers here.
"extensions of any line of credit is not going to happen..."
That's totally unqualified opinion in light of the news from November 28. Funny how you can spew negative opinions while completely ignoring recent facts that dispel such notions. Things may not be all roses here, but the company announced the antithesis to your unsubstantiated statement less than 30 days ago.
What color is the sky in your world?
"I am a BEAR..."
Nah, just prudent. There was great uncertainty in recent weeks and I considered selling to buy in lower, but also knew I had dry powder to double down if we hit sub-penny, so I hung tight. It was great to see the numbers in my account rise today.
You have been a strong supporter without being a rah-rah-yeehaw type (too much =-)), and I hope you are able to make great gains here. Funny thing is, if we follow the NAK path, your 70K+ will be a nice number anyway. I won't blindly speculate that we should make it to $22, but it won't surprise me a lot if it happens. Gold was far lower when NAK made their run and they are Pebble or nothing. We will likely see eventual LBSR valuations based on Tombstone, BCSP, NPSP, and Silver Bell.
Wait for it...
From Section B-Item 21
"The Silver Leaf biogeochem anomalies need to be drill tested, because they overlie compelling Mag and IP anomalies, and are the nearest to Pebble of any other Big Chunk anomalies."
Item 4.5
"There are no environmental liabilities in the Big Chunk properties known to the writers of thisreport. "
Zecco says "May not be DTC eligible" Anyone had any problems with certificate surcharge? I'm thinking about adding to my position.