Yes I have status, it makes me even more insufferable than I already am.
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Use the grey matter, TEEROY. It'll only hurt for a moment or two.
Good. We need "them" to be "chasers" when the news hits.
It's on E*TRADE Pro but not MarketTrader. E*TRADE has a bug somewhere in MT that causes it to miss news that E*TPro catches.
It's raised the "News" flag on the E*TRADE streamers. It's being disseminated via the usual venues.
Read carefully and you can see this is the start of the "log jam" breakup.
The Sad Saga of NBRI can be summed up rather succinctly in this incandescent quote by the legendary astronomer / astro-physicist Carl Sagan, who presciently ( that means he must have been thinking about NBRI ) said...
“One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It’s simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give a charlatan power over you, you almost never get it back.”
NBRI to 'da ( green cheese ) MOON!
How many TIMES does this have to be REPEATED??????????
RSHN and its STUCKHOLDERS have been LEFT to TWIST IN THE WIND!
NOTHING is happening here. NOTHING ever WILL happen!
Now get OVER IT!
RSHN :
Risible SCAM Has Nothing. ( and never will! )
In this context, "target" clearly carries the connotation of predator ( Tangiers ) and PREY ( NBRI ).
Just more Moose Pasture Malarkey from the Master of Moose Pasture Malarkey, Jim "Instant Moose Pasture Mogul" Carroll.
Nothing is happening here. NOTHING ever WILL! ( except dilution down the river )
The Home page of the TangiersCapitalLLC web site says it better than I possibly could :
"This is done through the acquisition of stock, convertible debt, warrants, and other instruments from target companies at an appropriate discount"
See that word? "target"
That's the sort of up-front contempt they have for the companies they fund. ( such as NBRI )
"Targets"
Says it all, doesn't it? Wonder how big a BULLS-EYE they saw in NBRI when Perry came calling?
Of course NBRI's toxic lenders are "accumulating". They have to "accumulate" because if they were to dump as fast as they really wanted to, NBRI would already be at TRIP_ZERO_ONE and NO_BID.
The toxic lenders know they're holding worthless paper, but they're still smart enough to feed it into the market a little at a time so they don't cause a total NBRI selling PANIC!
A glance at the Time & Sales Log and the real-time Level 2 shows most of today's NBRI volume has been selling on the bid, with huge offers still on the Ask, and a Bid that is about to collapse.
The paltry "increase" in price still leaves NBRI down on the day. ( and probably headed lower still into the close )
Today's NBRI volume is solely the result of the endless dilution made necessary by the toxic financing NBRI has been forced to accept by predatory funders to even manage to make it to this point.... whatever point that is.
I'm sorry that's the way it is, but....... that's the way it is.
NBRI to 'da ( green cheese ) MOON!
NBRI "timelines" are like the sign on the wall in the bar :
"Free beer tomorrow!"
NBRI to 'da ( green cheese ) MOON!
The NBRI SummerOfFun BlizzardOfShares has barely begun.
When the invoices start coming in from the vendors for the recent "activity", such as it has been, the NBRI ShareBlizzardMachine will be cranked up to REDLINE RPM.
Terms are always "Net 30" and they start calling on Day 31 asking "Where's our money?".
NBRI to 'da ( green cheese ) MOON!
Exactly, 'bux. That's why it's so bewildering that they don't seem to want to help their cause with such an easy-to-effect action.
The effect on the market would be instantaneously positive. Especially from a company here in the still-beleaguered PM resource sector.
Eguana has news this morning :
http://www.stockhouse.com/news/press-releases/2014/07/21/eguana-s-bi-direx-selected-to-power-advanced-vanadium-redox-flow-battery
This puts the company just about at the "knee of the curve" where a company starts to really accelerate its game plan.
Geez, 'red, BAR(its TSX symbol) is kinda like having to choose between a date with Scarlett Johansen or a date with Heidi Klum. 'Ya know... "Do I want to score with an actress or a supermodel?"
Decisions, decisions!
The $.90 warrants have been accelerated.
See this PR :
http://www.stockhouse.com/news/press-releases/2014/07/17/novo-resources-exercises-election-to-accelerate-warrant-expiry-date
Once this overhang is cleared, this stock is going to go on an absolute tear.
Why?
Because of what was contained in this Press Release :
http://www.stockhouse.com/news/press-releases/2014/07/08/novo-resources-provides-update-of-activities-in-the-pilbara-western-Australia
The pertinent paragraph :
"-.a gold deportment study of conglomerates from Beatons Creek indicates most gold is coarse (>150 microns) and free of other minerals suggesting a significant amount of gold could potentially be recovered by conventional gravity techniques."
In plain English, this ore isn't going to take exotic processes to recover the gold. This means actually mining and revenues could start very quickly.
And this is shaping up to be the next "Witswatersrand", with all the implications contained therein.
Don't worry, 'red, this is the real deal. Depending on how long Darin wants to hold on to this before selling it as he did with Timmins, Balmoral could be one of the monsters of this PM sector cycle, once it gets underway again in earnest.
Just keep tossing coin at the dips, whenever they occur.
NWGC showing excellent relative strength today against general PM stock weakness. Suggests more good news is imminent.
NBRI will never see any of this cash, either. Ximen needs to pretend they're doing something, just as NBRI does. In that respect, it's a "win-win" for both companies, I suppose. Sort of like two drunks holding each other up as they stagger home from the bar.
True enough; so consult any independent, un-biased mining industry financier of your choice and they will - to a person - confirm what I have just stated, that the Terms of this Agreement are RISIBLE. And why Mr. Leopold is the laughingstock-of-the-day on a few Ximen message boards around the internet.
Real Shareholders who truly understood what was going on here at NBRI would be in total revolt by now.
This Agreement demonstrates a total lack of knowledge or understanding how deals are done in the mining industry, and the most favourable Terms on which they can be made for the benefit of the Shareholders for whom and on behalf of such Agreements are made. As someone purporting to be an NBRI Shareholder, you should be outraged at this display of ineptitude by Mr. Leopold in agreeing to these risible Terms.
( and so should ALL you other NBRI Shareholders, as well )
They'll be pounding NBRI now like a cheap, tough piece of meat to get the price as low as possible so as to maximise the Share conversions.
OMG! On top of getting bent over the rail and the barbwire-wrapped fencepost inserted you-know-where, NBRI had to pay an $8,000 COMMISSION, as well, to some flunkey with his hand held out!
It just NEVER ENDS with this NBRI Gong Show!
NBRI has never been about mining anything except the wallets of the naïve and the gullible.
Mark Twain* and P.T. Barnum** had NBRI pegged over a century ago.
*Mark Twain : "A gold mine is a hole in the ground with a promoter standing at the entrance."
**P.T. Barnum : "There's a sucker born every minute."
(C)haikin (M)oney (F)low, an indicator that attempts to measure whether money is flowing into or out of a security. It's an enhancement and refinement of Granville's On-Balance Volume indicator
Here's an excellent discussion if you'd like to delve deeper :
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:chaikin_money_flow_cmf
Up. Today was a textbook example of mindless capitulation selling. It was the sell-side mirror of the buying that was taking place back in March when URZ was closing in on $2 and almost everyone was singing "Blue Skies". Notice how even in the face of this pull-the-flush-handle selling, CMF actually managed to turn green on the day. Smart money was buying every share in sight.
Here's the chart :