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I agree.
I want to see more action out of this, but it will not happen until a PR is issued about the oilfield.
Until then.
I hope our PR isn't to fluffy in the A.M.
They need to issue some pics of a set-up occurring in order to take a run at four cents again.
There is always delays with this one along with "misguided" timelines.
The management really has to ask themselves "How bad do I want this to happen"
I sure as hell do.
------------------------------------------------------
The dirty word on the street is JMCP
Mo-Money
I was wondering how many shares you purchased at 0.00005.
After reading the last 2 pr's. Looks like your laughing in the not so distant future.
From another board about Share Certs
In his complaint letter to the NASD, Frizzell lists a few of the reasons that brokers have given their clients for failing to deliver the stock certificates to their rightful owners. It is a list worthy of David Letterman’s Top Ten:
The most alarming problems are represented by those shareholders who have been requesting certs from their brokers since the company’s first announcement of a distribution seven months ago. Here is a sampling of excuses being given to shareholders as reasons for their inability to obtain a cert:
1. “We had your cert, but it is now lost. It will take us another 6 to 8 weeks to obtain another one.”
2. “This stock purchase was a book entry only and no certificate is available.”
3. “Your stock was classified as a worthless security and is no longer in your account.”
4. “Our clearing firm has not been able to deliver these certificates due to a backlog of requests at the transfer agency.”
5. “I have been instructed we are no longer pulling certs for CMKM and there is nothing I can do. You need to contact the company.”
6. “CMKM Diamonds has a “K” code next to it, indicating that it is being held in safekeeping for the client. The clearing agent has made the decision not to issue certs but rather fax a copy of the certs it holds to the transfer agent.”
7. “Attached herewith is evidence of ownership of shares held electronically by XYZ clearing for ABC broker. ABC to confirm receipt of this proof of shares of CMKM and related companies are held with XYZ.”
8. “In light of the lack of cooperation (by the transfer agent), your May 15th, 2006 deadline must be bogus and must be extended, and Entourage shares could of course still be sent to ABC for the benefit of XYZ.”
9. “MNO said they had discussed with the Task Force the acceptability of the affidavit as proof of ownership in lieu of the certificate, and that it would be accepted.” No such conversation ever occurred with the Task Force members.
10. “We ordered your certificate, and it has been lost. You must now fill out a loss certificate.” The transfer agent confirms that no certificate was ever issued.
Each quoted statement above is taken verbatim from a shareholder’s letter or from a broker’s written response to a shareholder’s request for a cert. I could continue with pages and pages of documented incidences of these broker responses to the requests of the shareholders if such is necessary to establish the need for a full investigation.
I totally agree with you on that one TAKI.
They posted some bs numbers for UCOI over the past year.
Can somebody post the lowest Oil companies they know.
The main risks involved in lotto ticket purchases are:
1. Reverse Splits ( ggrrrrrrrrrrrrrrrrrrrr)
2. Company delistment or lack of company involvement (FPPL)
JMCP was determined from a list of 0.0001 stocks after hours of due diligence. I figured it had the steam to be a ten bagger.
However JMCP actually wanted to get there faster. So I was a proud owner of a restricted dividend in the new company.
Taylor has done a good job in the ethanol division. Genuine
Costa Rica is the only bs I have encountered.
I can't wait till there is more details on this project.
Contest
Anybody want to guess where these assets are????
I had a sell order in.
I pulled it once I heard about the oil and gas possibility.
If others are getting out now that means we have buyers coming to the plate.
I am going to give them two weeks before I decide to sell again.
My take on JMCP
They are trying to dabble in oil and gas.
Anyone know which country?
The next news release will be the one the attracts all the attention.
This stock almost ran because of ethanol, but management killed it fast with a jump to the ONYI shell.
If they do deliver, we will see an influx of investors.
Think about it oil/gas at 0.0001.
I am not in the "know".
The Colorado info was found reading gov't reports from the net.
I posted that info to show that Franklin's site was not deemed an environmental hazard as you claimed
The only mining site graced with my presence is located in Utah.
Pulled my sell.
You don't see to many oil/gas assets at this price.
Let the lotto begin.
This is the only alias I use.
So whoever you think I am..........I am not.
However thanks for pumping my tires.
I don't really understand your gibberish.
I do not publish the newsletter. I just like getting it everyday in my email and tracking it.
Stockegg is my favorite newsletter.
Cool
OK Who's the wise guy
Which one of you guys hacked into Derb's account.
I am curious about the amount of time to setup a plant that FMNJ has in mind.
I am in one that is a permanent mill and it has taken a while to refurbish it.
Piranhas
I will have a hard time parting with these shares when it hits a couple bucks.........................not.
I was wondering if your hittting this subpenny action.
I see your buddy surf is back for some action. One last play for the scalpers.
Little frustrated at the timing this all happened. I wanted to get my FMNJ into UCOI. Still too soon for FMNJ. It was nice to see that little kick on FMNJ a few weeks ago. UCOI will kick harder.
What made you buy STU.tsx back in the day?
loaded
I am still laughing
Mises
It is good to see you are digging deeper on your investment.
1. That estimate is wrong. He based it on post split share numbers. We have way more than that now.
2. In my opinion it is hard to guestimate a share value for this company yet because they don't know exactly what they are sitting on. They have a few numbers and a couple drill cores. Numbers are a guideline for now.
Wait till you see what goes through the mill from the Bromide.
3. JR is definitely a factor to this stock. He has paid subscribers that follow his investment newsletter like the bible. I believed he showed his cards too early, however he still can prove me wrong.
JR if you read this board I want to now why this one? What makes this one your holy grail?
OK I'll Go $200
The rest is going into Unico shares.
Before I agree Let's hear the terms of the bet again.
Your on
Ronning
This stock is heading where I want it to. Excellent.
Also pls stop contradicting yourself by saying you have no vested interest in this stock.
I don't even watch level II and I own it.
You keep slipping up.
From another board
Citigroup urges Barrick to ‘aggressively’ reduce or repurchase entire gold hedgebook
By: Dorothy Kosich
Posted: '14-FEB-07 08:46' GMT © Mineweb 1997-2006
RENO, NV (Mineweb.com) -- Citigroup metals analysts John H. Hill and Graham Wark urged Barrick to aggressively reduce its hedge book or repurchase the entire hedge book, an action that “could be one of the most compelling re-rating catalysts in the metals industry.”
In an analysis published Monday, Citigroup remained positive on gold due to a mix of supply/demand and macro/monetary catalysts, and expects gold to test $700/oz in the coming months.
The analysts said that Citigroup’s global gold forecast remain unchanged at an average of $700/oz for this year and $750/oz for 2008/09. “We would not be surprised to see a test of the old highs of $850/oz at some point,” he wrote.
Hill said “gold has been resurgent in the +$650/oz range, alternately following the dollar, oil, inflation, geopolitics, and liquidity themes.”
“Key factors include solid physical and fabrication demand, despite higher prices, and net central bank sales likely to undershoot,” he said. “Ultimately, this positive stance is tied to: 1) The vanishingly small size of the gold market; 2) Emergence of motivated Chinese and petrodollar-fuelled Middle Eastern buyers; 3) Absence of aggressive short-sellers in a post-9/11 world; and 4) A series of complex handoffs between fabrication and investment demand.”
Hill suggested that major gold shares “appear positioned to participate, finally” after lagging due to the ‘physical bypass,’ whereby investment flows from Asia and the Middle East have favored the physical metal, while the natural (Western) investors in mining shares have been disinclined due to strong performance in conventional equities and fixed income. Also relevant is ‘Mainstreaming Valuation,’ whereby gold’s new-found respectability and pro-cyclical performance has required the equities to stand up to conventional valuation, resulting in a period of multiples compression.”
Hill advised that two critical changes are working to the advantage of the investors: 1) Newmont and Barrick have finally positioned their assets and cost structures to deliver higher gold prices to bottom-line cash flows, and 2) Multiples have compressed to the point where better cash flows can flow through to share prices.”
Using a “clean slate” approach to metals investing this year, Citigroup said “we believe the best opportunities lie in companies with rock-solid in-ground resource value, in commodities that are out-of-favor and where skepticism runs deep. This list includes Powder River Basin coal, aluminum, and almost certainly the major golds.”
“Based on a favorable gold price outlook, and important changes at the operating and valuation levels, we would be buyers of Newmont Mining and Barrick Gold,” the analysts recommended.
BARRICK, NEWMONT
While Hill and Wark noted that while net production growth is not a realistic objective for Barrick, “improving the overall cost/quality/profile of the assets is. We regard the sell-down at Pueblo Viejo, divestiture of Paddington (Australia), and divestiture of the long-suffering South Deep (South Africa) to be net positives.”
The analysts urged Barrick to “aggressively reduce the hedgebook. …Aggressive de-hedging could benefit Barrick in several ways: 1) Likely driving the gold price higher in the short term, with fabrication demand preventing full retracement; 2) Removing a longstanding barrier to ownership for thematic investors; and 3) Signaling to others that ‘the last bears have thrown in the towel.’”
Barrick’s mark-to-market liability as of December 31st is an estimated negative $4.3 billion. “At the current gold price ($660) we estimate the loss has been expanded to $4.6 billion,” according to the analysts.
“Considering 1) Barrick’s balance sheet could handle a more efficient capital structure; 2) Debt markets remain attractive; 3) A positive gold outlook; 4) Low investor demand for hedged producers, and 5) Barrick’s observable discount to inferior gold mining companies,” Citigroup claimed, “We believe the repurchase of the entire hedgebook could be one of the most compelling re-rating catalysts in the metals industry.”
Citigroup’s positive view on Newmont “is predicated on significant changes to operating management, and a belief that investor expectations have been lowered to the point that the company can finally deliver good news. …While it is not realistic to expect organic growth, on a net basis, for gold miners the size of Newmont, we believe there is ample scope to improve the asset mix and earnings power.”
This board just cracks me up
Just wait..............we will have all kinds on here soon.
Rj
Good to see you back here lurkin like a pervert in the park.
I have read your previous post as to why you sold Unico, however your previous post was about some Global Industries.
We are here to help what is exactly causing you to have skeletons in your closet???.......Regarding Unico that is.
I have a feeling the sub penny tide will bring us another surf.
Crikey
Imajen
I'll share all my info with you
1. I drove out there in September..........and it looks alot different now. They have been busy little beavers.
2. That company is under heavy scrutiny and it shows with the stock price. Muliple Bashers = Heavily NSS stock. Why would someone bash a stock 24/7 without an agenda
3. After all the bad loans settle over the years and reverse splits do you know what you are buying now....... a debt free company. Poor suckers in the past. But every mine has it's time.
4. FMNJ proceeds in a few weeks will be going into that one.
5. Spoke with management and so far everything they said has been done. Spring startup.
Come check it out it is quite a zoo
Hi Ho Hi Ho it's off to Vancouver we go
Ya, I was just wondering if Debbie-bring-your-skiis and Rhonda6969 are invited to the shin dig in Vancouver.
I think buylowe and Ronning should have a fight at Unico's grand opening..........over behind the substation so the teacher doesn't catch them.
We should go fishing out on the ocean.
The forcast for the rest of the week is INFLATION.
Mart..........everyone is entitled to an opinion
The mechanics of his posts are based on mining theory and technical analysis. Everyone is here to speculate. He is simply speculating future events with this stock based on
past events and occurances from other stocks.
The technical analysis is just a tool in this trading world, nothing more. Some find them helpful while others don't need them.
NyBOB has pointed out some good investments to me. I believe in his philosophy of finding mines with pre-existing infastructure.
Check out his list.
Tough to say.
We seem to have a solid base here.
However I figure about Friday you can get it lower.
This stock is going to climb once prodution starts.
FMNJ has been a performer for me.
Once the startup announcement is made watch out. About 17 days
Reading from another board
South Africa: Dec gold production fell 12,4% y-on-y
Source: Mining Weekly
http://metalsplace.com/metalsnews/?a=10137
South Africa's gold production fell by 12,4% year-on-year in December, while non-gold producers lifted their production by more than 15% in the same period, Statistics South Africa (Stats SA) said on Monday.
But the national statistics agency reported that total mining production for 2006 had fallen by 1,1% in 2006 – the first yearly decrease in seven years – with gold producers producing 7,7% less gold in the year. Nongold producers' output remained almost unchanged at 0,2% in 2006.
Stats SA reported, however, that total mining production for the December quarter increased by 5,5% year-on-year after seasonal adjustment. The adjustment was owing to a 6,7% increase in nongold minerals, particularly from higher production from the platinum group metals sector.
In November, gold sales rose by 55,7% to R3,14-billion and non-gold minerals sales grew by 49,8% to R15,63-billion.
Total mineral sales remained above R17-billion for the sixth consecutive month in November, increasing by 50,8% to R18,77-billion, the agency reported.
The actual value of mineral sales at current prices for the three-months ended November 2006 increased by 51,3% year-on-year and Stats SA attributed the growth to higher sales from platinum group metals, gold, nickel, coal and copper.
Money Money Money Money
Love the tune for the board.
Answer for the number of days contest is: As many until they can get into the Bromide. 60-75
Upcoming issue and concerns:
1. NOT HAPPY ABOUT golds performance today. Charts indicated she was ready to go. Manipulation.
2. Fed Chairman Ben Tabernackii speaks twice this week. ( I trade beside a French guy and that's what he calls Ben.
Watch the bullshit on CNBC.
3. Good to hear Pirannha's info about our mill. Can you elaborate on the other company investment?
4. Just wondering if anybody is buying more shares from this board? It would be nice to get a few more under a penny.
Loaded
Off topic stuff for reading.
Personally I think we should take these guys out once we start producing. Thar is gold in thar hills too.
News release one:
KELOWNA, BC, Feb. 6, 2007 (Canada NewsWire via COMTEX News Network) --
Trigon Uranium Corp. (TSX-V:TEL) today announced Federal and State permits to carry out the Marysvale drill program have been received, and drills are being mobilized to start drilling after snowmelt in early spring. The program's objectives are to confirm and expand the known uranium resources on the Marysvale Property of central Utah. The program will consist of 10,500 feet of rotary drilling, and 2,100 feet of core drilling. The rotary drill holes will be logged for equivalent uranium content, and the drill core will be chemically assayed. The drilling will confirm historic data and test new anomalies resulting from the 2006 geophysics program with the intention of expanding the mineral resource.
Mr. Ian S. Thompson, P.Eng., Trigon's Senior Technical Advisor, Uranium and a qualified person with respect to NI 43-101 stated: "Trigon has now compiled the geophysical, geochemical and radiometric survey results of its 2006 program, and has identified drill targets to confirm and expand the historical uranium resources. Our upcoming program is the first step in converting the historical resource to a NI 43-101 compliant resource."
In late 2006, magnetic, self-potential and induced polarization surveys were found to respond to historically reported uranium occurrences on Trigon's Marysvale property. Numerous new anomalous zones were detected, and these are believed to be structural features and sulphides associated with uranium mineralization. A report on the geophysical work, prepared for Trigon by Van Blaricom Geophysical Services LLC states: "The use of geophysics has taken one area of known mineralization and generated an area of two to three times that size with similar geophysical responses."
The Marysvale property was last explored between 1979 and 1981 by Phillips Uranium Inc. who drilled 190 holes. Most of these holes intersected uranium mineralization.
News release Two
Trigon Uranium Corp. (TSX-V:TEL; OTC-US:TELWF.PK) today announced that it has expanded its claims in the Henry Mountains project area to 886 mining claims and 3 Utah State Leases totaling over 19,200 acres. The completed land package now composes a significant and highly prospective area in the Shootaring Canyon region of the Henry Mountains Uranium district. Trigon's Henry Mountains property adjoins Denison Mines Corp.'s Tony M, Southwest, Copper Bench and Indian Bench uranium deposits. For a map showing the Company's land position in the Shootaring Canyon area, please visit http://files.newswire.ca/569/ShootaringCanyonmap.pdf.
Mr. Sidney Himmel, President and Chief Executive Officer of Trigon Uranium Corp. stated: "Upon completing the two month geological program in the Henry Mountains project, including mapping of the different sandstone horizons in the area, we established the uranium mineralization trends and the target sandstone depths. Based on this information we secured additional land to complete what we believe to be the optimal land package. The next stage of exploration will involve drilling along the projected main mineralized trend. We have initiated work to acquire the necessary permits for a drilling program slated for the late spring of this year."
Significant uranium deposits occur in the Henry Mountains in the Salt Wash member sandstones of the Upper Jurassic Morrison formation. Known uranium deposits in the Shootaring Canyon area host in excess of 20 Million lbs of U(3)O(8). Denison Mines Corp. has announced plans to start production at the Tony M mine in 2007 and at its Bullfrog Property (Indian Bench, Copper Bench and Southwest deposits) in mid-2008. These deposits form two main trends; the Southwest deposit trends north-south and the Indian Bench-Copper Bench deposits trend southeast-northwest. The trends are more or less contiguous and, to date, the Indian Bench-Copper Bench trend is known to extend for more than 8 km. Trigon's newly acquired claims increase the Company's land position immediately to the west of the Indian Bench deposit.
Trigon also announced that on January 9, 2007, the board of directors granted incentive stock options to purchase 650,000 common shares to directors and officers, options to purchase 280,000 shares to consultants of Trigon and options to purchase 100,000 shares to CHF Investor Relations, an investor relations consultant to Trigon, pursuant to Trigon's 10% rolling stock option plan. The options granted to directors and officers have a 5 year term and the options granted to consultants and CHF have a three year term. All options have an exercise price of $1.05 per share. The stock options are subject to acceptance for filing with the TSX Venture Exchange.
Count me in. For sure it will be a hell've time.
I vote for LAS VEGAS.
Then we can do some due diligence trips.
Drake
Goldspring
Go out to Marysvale.
Truefart
You were inferring that Franklin Mines was part of the EPA's problem with your post.
In reality they are one of the candidates to receive tailings from contaminated areas.
They would be bringing it right to us.
Just pointing out the fact that you are WRONG.
Quote from Truehart
Luckybreak, old buddy, doesn't matter what comes out of the mines, there's still the EPA clean up problem with the mines in the Gilman area.
Quote from EPA report
2000, EPA and CDPHE agreed to begin looking at locations for use as an on-site mine waste repository. This repository would be used for mine waste piles located throughout the watershed and for the metals solids from water treatment facilities located in either Clear Creek or Gilpin counties. Three locations were considered: the Gem/Franklin in Clear Creek County, the Glory Hole and the Druid/Church Placer both located in Gilpin County.
Well, Well, Well
If it isn't the board idiot to the rescue.
Stupidity has no limits.
*** Gold related post ($1000/Au) ***
Juniors and self publicists: how to profit most from gold at $1000
Whether the International Monetary fund recasts its rule book against the manipulation of the gold market by central banks, or Chinese and speculative buyers push up the price from $666 an ounce at the close last week, there is an emerging consensus that $1,000 is a reasonable target for the yellow metal.
Leveraging off this trend then ought then to be a friend indeed.
Sunday, February 11 - 2007
In one of his recent commentaries legendary gold investor Jim Sinclair whose timing of markets over the past 40 years has been superb, looked back briefly to some of the star investments of a previous gold boom (see www.jsmineset.com).
He mentioned a company called Durban Deeps, a firm with questionable reserves that saw its stock price rise from 36 cents to $35 in 1980 and Randfontein which did the same thing. 'What is the difference between 1968 to 1980 and 2001 to 2012? The answer is Nothing!' says Mr. Sinclair.
So just who are these junior gold mining stocks? What is their business strategy? Consider the following parallel: East European property was dirt cheap after the initial excitement of the collapse of communism fell away; then a few bright individuals bought up this real estate; later these states joined the European Union and small property speculators drove the prices upwards, leaving those original buyers rich.
Junior business model
Junior gold mining companies have done the same thing with gold. They bought up gold mining claims at low prices some years ago before the price of gold really took off. Now these companies are sat on potential gold reserves that are worth many times what they paid for them.
As yet the share price of many junior mining companies still does not reflect the recent upward movement in the gold price. It is not uncommon to find these shares trading at a price that has hardly changed in two years despite the $200 plus increase in the gold price to $666 an ounce.
But how do you pick the winners among these stocks? Who should you choose to invest in? This section of the stock market is under researched and the stock-tipping websites often recommend shares in which they have quite openly taken an interest.
Buy the self publicists
One simple criterion is to select the best self-publicists. Who is marketing their company best? Whose adverts appear most on the specialist websites like www.goldseek.com or www.gold-eagle.com?
It is not just that effective marketing is likely to be a clue to competent general management, although many times it probably is such a guide, it is more a question of isolating which shares are most likely to gain public attention in a junior gold stock boom.
As we know from the dot-com boom days the public is not a very discriminating buyer, and an analysis of the fundamentals of stocks usually goes out of the window in a boom period. But what is important is an ability to capture the public mood and imagination.
And the junior gold companies that are doing this now are also the most likely to succeed in doing it then. So buy the best self publicists today to sell when the gold price booms.
Peter J. Cooper
Sunday, February 11, 2007
Derb
Can't you see your fellow bashette is losing it.
"Who would like to bet me that I ate a ham sandwitch today"
Any takers? Huh? Ya you now your going to lose.
Cmon Derb the broad is on tilt and the lions are ripping her apart.
Looks bad if we want this price down.
How can you ever pay her for posts like that.
CRAP
Ronning
Why would Goldy bet 10 grand on your crap when he can throw it in UCOI and pull out at least 100 grand in a few months.
Mostly bored.
Cold outside isn't it. From Calgary also.
I have be watching this stock for a bit.
Didn't buy......well not yet
Few questions.
1. Where are they shipping this 50 kg sample to?
2. I read they figure 80% integrity......far fetched?
3. Is this company diluting shares? Sure appear that way lately.
4. Why don't they just bring in equipment if they have such a good thing going. Portable sluices and ect.
I not being a dick here. We are all looking for cheap Gold. But there is so much smoke and mirrors in pinkie land.
Personally I found stocks with existing infrastructure tend to be performers.
Roxmark mines, San Gold, Unico are examples.
Well I guess time will tell.