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.
Here is what I think is happening with the warrants:
- GDSM compiles a 43-101 type report and publishes it with impressive data and valuations.
- Stock price rises to .1 or .15 on this news over a period of two weeks
- Marc can then have these original shareholders buy the warrants to raise between $1,000,000 and $2,500,000 for the beginning of the production phase. This would lead the PPS to a final range above .15 for sure.
The warrants mean nothing until the PPS gets into that range. And the PPS won't get into that range until the report comes out. This means that shareholders should just let Marc do his thing and let the updates come out as they come out. Expecting Marc to provide fluff PRs is not only idiotic, but it's also flat out wrong. Let him give us updates that matter - I expect he will provide us an update of Phase I general information in a couple weeks.
Marc has been true to his word throughout this entire process, but he's only one guy. Everyone has to realize that this isn't a major company - it's a guy that has access to some mines that might have a tremendous amount of gold. Marc is trying to grow a business and doesn't need to be sending fluff PRs out to satisfy the needs of impatient flippers. Anything in the 006-008 range is a GIFT.
Did you not read my last message? The .1-.2 comes from the report published. Period. And that only comes if the assays are as high a quality as the company originally suggested. So it's a lot to speculate on, but it's completely possible that the report will indicate a huge reserve. Based on a high valuation at that point, the stock would run to the levels I've mentioned. And once the production phase begins, you can expect a higher PPS than that.
No. When SRSR published their 43-101 report, that stock ran 10x before the company ran out of funding and it fell back to earth. Yes, this stock ran on speculation and has since fallen back to a level the market deems appropriate. But if the report comes out and it is favorable, this stock will see .1-.2 within a couple of weeks. And if the company then acts on the report and gets to production phase with little debt, we're looking at a valuation 2-3x higher. I'm not pumping, I'm just being realistic.
the true longs here know exactly what this play is and how long it will take. We don't need the company to send out fluff PRs. The end of phase II (according to an earlier timline released by the company) is the end of June. If that's the case, we should have the report sometime in July and updates of their progress 1-2 times during the process. To expect anything more would be idiotic - they are running the company on a shoestring so that they can maximize cash flow for what really matters - getting the valuations and preparing for phase III-IV strategy.
I'm not here for short-term profits, which is where you're placing your anger. I know exactly how this stock trades with and without news - .0075 is a cheap price considering the potential of the mines. Everyone is impatient for the assays and the report but it's a process. If you can't hold for 3 months, don't expect to reap the 10x reward when the report confirms massive amounts of gold in the ground. This will have a SRSR-type run if the quantities match the revenue estimation/valuation.
I've already loaded 500k and looking for more :)
I'm not hating - I understand you hit the first call. I made profits during that run as well. But when you sell your position and tell your followers that the run is over (after it hits .01), you can't then re-claim you called below that number on the second run above .01. Isn't that what you're doing, or am I mistaken?
Please don't tell me you're "calling this from .0015" - you clearly posted some time ago that you sold at .01 (nice profit!)
What did you "call this at"? .014?
If the DD accumulated on this board is correct, we will see much more than 100% from this level. We could see all-time highs here at this stock. I have a target of 5 cents in the interim.
Don't want it to break too early - let the chart catch up and then let her go IMO :)
UCHC looks to be a solid play based on the chart forming and the financials/PRs that have come out recently. Any thoughts on this potential play?
I do not think .05 is attainable today, simply because the chart will not allow it. I think we see a solid .027 close, though. That coincides nicely with the upper bollinger band and I think nice, steady gains are the way to go. I will take a slow climb to .10 any day (or week) of the year! :)
Low 2s is probably the best you're going to get - that's where I'm in at. I'll be holding while the chart develops. This will easily go another 100% from this level, maybe more.
The gap will remain and I think it will be a good deterrent for sellers that want to smash the bid. As long as this doesn't overextend and has nice consolidation periods, .05 will happen in the next couple days.
Just let the stock breathe a bit - it's gotta stay in contact with the upper bollie if you don't want a selloff due to over-extension. Still, the DD here looks solid and I think we could easily head back to .05 and maybe touch .1 once the market has properly valued this company.
I appreciate it!
Can you give a play-by-play? I'm not able to get into the CC right now and I'm playing the chart. I'd love to back up the chart play with some excellent news!
Untrue, they diluted the hell out of the PPS at the lower stages from 10M to 80M or so. You just didn't notice it because it was gobbled up rather quickly. The dilution here will be exponentially higher due to a higher A/S as it relates to O/S.
I think this will rebound in the morning and trade in a channel around .007 but only if VERT/VFIN aren't on the bid/ask. What occurred today was leg 1 of the run. Now we will see how fast leg 2 arrives.
Lol MMs smelling fear and they crush the bid to induce another panic sell. Hilarious. I'm holding.
"As of April 9, 2012 there are currently 3,475,250,391 shares issued and outstanding of which 3,000,210,033 are restricted and will not be made free trading."
So unless the company has unrestricted those shares within the last 2 days, you're mistaken. The PR is clear - the float is 475M.
As far as the overall DD for this stock, what is the board's sentiment? I've been doing some DD and I can't find a whole lot. Just a development company looking to buy depressed housing to flip when the market gets better again. Is that all? Am I missing something besides the amended A/S and share reduction?
Beautiful consolidation - I am loaded in the low 6s and ready to roll to .02-.03 :)
Well clearly you have it all figured out then! :) I'll bow to your trading prowess
VERT is just the ax right now. He's got all his shares hidden on the ask but I don't think it's dilution. Why would there be a share reduction and then dilution? It makes no sense.
ATR* didn't move up in a straight line either. This consolidation is good for the chart. .03 is easy from here
I've already swung this for a 50% profit and I'm riding less shares this time around. Regardless of news, this chart is quite excellent and can be played to .03-.04 anyways. We will know more AH
Poemstone - I don't have a premium account but I will respond here - I have reciprocated in kind. GLTY and I'm ready for the AH news :)
Re-read all my posts from this morning as to why news isn't out yet.
Who is going to put out news on Good Friday? The market wasn't even trading last Friday so why put out a PR when the market can't even react to it? They wanted to maximize their platform and reach out to everyone that would be back trading by today. That's obviously why they moved the date.
I can't understand your thought process at all. They can announce the news anytime today. They could announce it at 11:59PDT and it would still technically be the 10th. They will announce AH today in all likelihood. I expect right at the bell for 30min after. If they were going to move the date again, they would have PR'ed it. I'm just laughing at all the people freaking out because they thought news was 100% coming pre-market.
Why not? HBRM is a U.S Company and doesn't have to make a deadline based on Beijing time. You worriers really crack me up. They wouldn't leave their shareholder base high and dry without news when they already moved the date once.
People do realize that by announcing today, the company could release the announcement AH...
I'm holding for news, plain and simple.
Damnit Roachita! I knew this would dip and I bought around .02 LOL
Don't worry, I'm still in for the news play tomorrow and I'm expecting .03-.04 near term on great news. Oh well!
If it's a 1:1 buyout, the PPS will correct to 4 cents intra day. If the buyout is 1:2, the PPS will remain the same and/or consolidate a bit lower. If it's anything else, who knows...
I'm skeptical of the RSI number and thought this would consolidate a bit. But regardless of the number, whatever the buyout estimate is will be the PPS in the future. That includes consolidations, etc.
I'm averaged in right at .02. Caught that last dip under .02 for a bit but I wasn't completely filled so I hit the ask above .02 as well. How many shares are you in for?
Roachita, I thought this was going to pullback but I was wrong. I've since re-bought a bit higher and will hold through news tomorrow and then estimate where the PPS might rise to. I still think this could potentially cool off before power hour to consolidate but there's a lot of strength here. Very impressive stuff! I've only got a few grand riding this through news but if it's anything close to what has been speculated on, we could see a 50-100% move tomorrow morning.
Just people that want out to use their money elsewhere. They are trading a plan too so I don't fault them for that. This stock has traded like clockwork and I expect we will see another run here sometime in the near future.
And that news should be coming soon. Phase I analysis will be shared with us in due process so everyone just needs to remain patient and let the company complete its process!
Based on the daily chart, now is a great time to load. I'm viewing a couple of different things for this analysis: the SMA 50 and the PAR SAR. The SMA 50 continues to increase by .0001 every day and at the given rate, it should be at .01 in 2-3 weeks. The stock bounces off of that area tremendously well and you would be hard-pressed to buy in lower. The PAR SAR is another form of support that will drive this price technically higher in the coming days/weeks. The last time the PAR SAR was below the daily candlesticks, we saw a run to .03+ and any sort of substantial news would get us to that same (or higher). I'm expecting Phase I news within the next couple weeks and then I'll be expecting assays and a report outlining the reserve totals by the end of June. If the company follows these timelines and there turns out to be substantial reserves, we should see .05-.1 easily. Until then, you will see mini technical breakouts that you could capitalize on as well.