loading and holding MINE
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I'm out there goes my shares...all of them are in the process of or have already rendered their resignations
C'mon volume...lets gap up.
Where's D? Haven't see/heard from him for a while...
Could he be with Finny???
Mine is poised to run...loading up and will break soon with news
Does anyone think a bidder might include the shares in the offer for gbg? Maybe for .02 per share of something like that? I mention this because it is mentioned in your attached letter...
Great post. 100% agree.
Finnys camping trip has been extended until the 27th, and depending on the outcome for gbg, maybe indefinitely. Haha.
So lets be theoretical for a minute. Lets say the best offer is $200 mil. How can that even be accepted? Wouldn't that constitute a failure of the business rescue? They would have to pursue an alternative, ie: JV or additional financing, right?
Still....no......volume.....
I'm bored. Can may 31st come any sooner.? Either way this goes I am just excited for the finish. It's kinda like walking into the bellagio and throwing $5k on black and seeing what happens.
Anticipation over this many weeks is killing my liver though, D.
I hope we are all right. There's gotta be something. If nothing else this is the best board I have seen or been a part of on IH. Hope we are on here for a couple more years riding the wave back up....
Zeros or hero$!
.03 pps? I'll take that. The long term holders that bout first anywhere above .50 would all probably take that. I first bought at .90 and have since bought all the way down and averaged my purchase price to about .02 pps. I am hoping to have a reason to go to the bellagio but would be fine with just breaking even.
Was that a bellagio reference? Yes! I'm in at .20
No way! Really? You better get some cheapie a while you can Finny haha.
So if we do not get a JV or offer above our debt at burnstone, we still have the potential to see gains. That's my only point. Burnstone/hollister offered great opportunities but they also are the largest debt loads we have. It's not a quick gain but I do see long term opportunities if we don't get the best news in the short term. Still I am hoping for 700 million.
So did we ever resolve the Tanzania question? Do we still operate, have a stake in or control any operations there?
Must mean there is some good news comin
I agree nagoya. If its .13 a share in December then we will have sold all assets paid creditors and had 63 million left over. If we are a continuing firm then as gpb has been saying we will be zeros or heros...
I didn't say it was bullish I was only making an observation. I think it tells us that everyone is happy with their positions and just waiting for news, any news...
Haha. Nice.
Lower volume every day...
Did you see the 390k go thru at .0096?
C'mon ducks. I am feeling outgunned. I'm sitting at 250 k. Gonna hold for some good news and maybe grab another 50 k at weeks end.
.0079?
There can and should still be a RESCUE that includes gbg holding onto burnstone with new financing structure now that hollister is off the books. This will push the pps to .05 short term and back to 1.00 by the end of the year.
You were right on. I guess everyone is waiting for the news and VE seems to be ok with the risk for now.
So we are holding steady so far today...I guess we will see what happens this afternoon.
Anybody have a guess?
Anyone here still? I see crocs still undervalued pretty significantly based upon the PE ratio and the performance over the last few quarters.
What does anyone else think?
You guys think VE was doing the selling today?
At .007 it would be nice to add a little and avg down to a neat .01 to make the math easy...
It's almost too good to pass up. We will see how gbg breaks at open tomorrow and I may just go for it.
Pass that jw blue!
Although it has been previously noted, it is also important to realize the difference between the US bankruptcy and the Canadian brp.
There is so much more upward pressure on this stock but it still wot move. What gives???
our market cap should be about 10x that conservatively, but the only reason it would matter is if we can be successfully rescued
I actually laughed out loud at this. I am ready for a drink on may 2nd...whether it's Johnny walker blue or black will depend on the gbg outcome.
Our dogs in the fight are looking much fitter to reach .05 or .10 than going to .0000
That's a good read.
If you pay particular attention to the "Bidding Procedures" it not only leaves the door for a JV open...it leaves it WIDE open.
Simple...those that want to accumulate more shares want the pps as low as possible. Maybe he is still trying to average down?
The bellagio is certainly hoping so...
GPB and GBG.
EXACTLY, and all we need are two people in the room that feel that way, and will bid accordingly to get true value out of this firesale.
We should all hope that we keep hollister. Long term that would create positive outlook and drive the pps thru the roof straight to the bellagio pool!
It's tough to see thru the mirrors and/or lack of info. Lets hope we get some news soon.
Kapako appears to be in the same boat as shield...meaning it is tied up with the shanta JV and selloff.
Kapako is wholly owned thru shield resources so...
This is my take, check the link below for the great news out of the shanta Tanzania property
http://www.miningbusiness.net/content/rocky-start-gives-shanta-430000oz-5-year-div
If this thing hits $ pps then I might have an office space moment while quitting my day job.
Seriously though WI you think it has even a remote chance at getting to a buck? I see .10 as a realistic flip of a coin but i see any additional value getting pulled out by creditors and lawyers unless I'm missing something. Any thoughts on this? Is it because everyone is holding out hope on keeping a property?
I averaged down to .02 after buying in at .57 last year. Hopefully your $ pps comes true for all of us.
who is offloading, if it wasnt/isnt VE?
no problem, well deserved poke.
when i bought at .50, i was hoping for 1.00, and now that I'm averaged down to .025 im hoping to get out of here for cost at least. anything above that will be a bonus.
.20 would mean i am at the bellagio with GPB.