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Here's a little reading for you:
http://www.sec.gov/spotlight/keyregshoissues.htm
I've no idea who Shakerzzzz is.
These shorts don't scare too easily it seems. Still on Reg SHO list after 65 trading days. Now up to a very impressive 35th on the list for length of stay.
Where on Yahoo is it being discussed? I don't see a message board on the AURC page.
You could be onto something there, Brikk. It would sure annoy those who are planning to flip from one to the other.
Good work on spreading the word over on RB btw. Strange how the pps has fallen back even with all the extra volume. My guess is that there are no real shares trading at this stage only phantom ones.
I think he's holding that to coincide with the PR and SEC filing. Hopefully there will be lots of good stuff on the website re financials etc
Meanwhile we sit and wait. Anticipation is often better than realization but this time I'm not so sure. :)
A white candle? It could be a very looooong white candle if GP and his legal eagles get their act together.
What is the difference between a red candle and a black candle? I use a different charting system (TC2000) and it doesn't use those colors.
They're probably still sitting on their 5 cent bid. :)
I'm not trying to fool anybody and I'm not in a tag team with anybody. I've been on this board almost as long as you have and I resent your implication of duplicity on my part. Go to the first page of messages if you have any doubts about my being an "infrequent poster". I don't have any concerns about AURC but I am interested in finding out as much as possible about the folks who are managing my investment.
I assume Speedober was genuine about calling to the Monimpex office in Montreal. This is something I would do myself if I was in the area as I'd like to shake Parkin's hand and thank him for all his efforts.
Good, I'd like to get your impressions of the set-up there.
I don't think anybody here has met Parkin in person yet although the reports on telecons with him have all been very positive.
Thank you. I remember you mentioned it but I wasn't sure of the number. It doesn't affect the bigger picture a great deal.
We should spare a thought this w/e for the shorts (heeheehee). I'd like to thank them for allowing me to accumulate at such low levels. I hope they don't lose too much money here. :)
7151, Jean-Talon east, Suite 110, Montréal (Québec), Canada, H1M 3N8
That's from the Monimpex website:
http://www.monimpex.com/about_us_en.html
I liked your idea but alas, poor Yorick, it seems to have been greeted with a great wave of apathy here.
If anybody can come up with ideas for the next AURC I'd certainly like to hear about it. Nothing I've seen so far comes even close imho.
I see that the share structure has been updated since I last checked;
Share Structure
Outstanding 113.6 Mil
Restricted 91 million
Float 22.6 million
(from T/A March 14, 2006)
So it looks like 3.9 million have been added to the float which was 18.7 million back in January. Still a very small float by any standards.
That means I have 4% of the float now. A bit short of Westeffer but not bad.
Thank you, AAA. I enjoyed your presentation and learned a few things about gold bull markets that gave me a nice warm glow. You dad is a lucky man to have your advice.
Well done, Jerry! Can I borrow your crystal ball please? You certainly bought back in at just the right time.
While it's good to see the new investors coming in recently, I'm pleased that many of those who were on Marcq's sharecount list are still here to reap the rewards after many frustrating weeks of waiting for news.
I've been accumulating since December and many times I've wondered if I was missing something. It seemed too good to be true. It was thanks to the great work by many here that I kept faith in this stock. If experienced guys like Tree, West, 2create, Airdale, Creede, Tr8dervic etc believed in it then who was I to argue?
So my thanks and congratulations to all the longs here. I believe we can have that celebration party real soon.
Nice shopping list you got there, Airdale.
I had been thinking in terms of a buy-out but the partnership idea is looking more and more attractive in view of the gold price projections.
Cracking open a better vintage than usual here...
"What a day this has been
What a rare mood I'm in...."
That puts things in perspective alright. AURC is still ridiculously undervalued. I'm upping my target price all the time. The pps has to come into line with other mining companies eventually.
I was surprised to hear that West has sold a bunch at this level. Diversification is all very well but for my money there is nothing out there to match this gold play.
I appreciate what Airdale says about Mr P. While we are indebted to him for his efforts in bringing AURC to the market, he is not above criticism for his management style.
I'm still puzzled by the share structure. It's hard to believe that the float is only 18.7 million from the way it's been trading. Even if there was an extra 4 million or so since the last TA update it still seems low.
There must be a lot of shorts still trading. If so they are either very brave or very foolish. I never understood why anybody in their right mind would have shorted this to begin with.
Finally Rook should go out of town more often because that's when things started to rock around here. :)
Do you have any more info on the connection between Monimpex and Sistema apart from the mention that they are their "Moscow partners"?
What role are Sistema playing in the NDOL story?
Why do you refer to them as "underwriting" AURC. Any evidence of this or is it just a hunch?
You've lost me here. You mean the Sistema connection? What has that got to do with the OT posts?
The share structure is posted at the top of the page:
Share Structure
Outstanding 109,671,530
Restricted 91 million
Float 18.7 million
(from T/A January 26, 2006)
I'm not sure that this is fully up to date as I seem to recall another 4 million or so shares being released a few weeks ago. Anybody got an update on the share structure from the T/A?
Management have said that the company is profitable and has low debt. The main point is that by filing the financials with the SEC the company will gain a lot of credibility and start to come to the attention of a wider group of investors.
The website is also due shortly and that will help to boost its visibility also. My very short term pps target is 50 cents. Long term... who knows?
I'm hanging on... don't worry. :)
I saw somebody pumping Klegg and didn't like the odds there.
Good decision it would seem.
Good point, West.... with all those gold and silver reserves it's hard to go too far wrong.... even if the dollar goes belly up.
You pick some good stocks so I'll check out your recommendations as I plan to diversify as some stage. Not just yet though.
Yes, it's high risk I admit. I certainly don't expect it to go up in a straight line and will take some profits at some stage. I've been in this since December so I'm well aware of the ups and downs. Thanks for the warning though.
You could be right that NDOL has plenty of upside still left. I just prefer the odds here at AURC and all my funds are tied up here right now. Good luck to those who are playing both.
Silver at $13.55 you mean, as in the calculations.
The future cash flows would need to be discounted to give NPV. Even then gold mining companies never trade at NPV.
Interesting nevertheless.
The "other one" is doing pretty good too!
I missed out on that one but I'm happy to keep my bets on the tortoise. :)
A 53% rise in one day. Without any news. Not bad. Not bad at all.
Now what might happen when we do get news, I wonder?
Hit it, Frank! Fly me to the moon.....
Yeah.... I've obviously got the more colorful manual. :)
Yes indeed.... let me just consult my manual of MM signals....
Hmmmmm.... 100 share trades....
Secret MM Code: Oh Sh*t!!! This one looks like it's going to fly. We better cover our asses and quick!
Good ole Gerald. Financials AND the website in one week. That would be toooooo much!!!! Be still my beating heart.
Well 2, let me think real hard about this one.....
hmmmmmmmmmmm.......
errrrrr......
in a word.........
NO!
Yeah, I know.... sometimes I want to grab him by the throat. But I'm still a believer. It will all come right eventually.
Hopefully he won't be around for too much longer.
Yup.... all we need now is for Parkin to do what he said he was going to do for the past few months and this baby will fly.
If NDOL is trading at ~45 cents now and this stock has AT LEAST five times the potential then 20 cents for AURC is still very cheap.
GO TORTOISE GO!
IT'S ALWAYS "NEXT WEEK"!
DON'T MENTION IT.
I'm curious how you know these figures for FTD's. The DTCC don't release the numbers afaik. You got the inside track there?
It depends what you consider a major issue. I know that two penny stocks that I have invested in have both had problems that have at least in part been attributed to NSS.
I've referred to the LFWK situation already. The other stock is AURC which has been on the Reg SHO list for 59 days now.
There is no evidence of dilution or toxic funding for either stock and yet the PPS for both were driven down to very low levels which was a major issue for me I can tell you.
Time will tell whether or not there is substance in the NSS allegations.
I haven't been following the CMKX saga so I can't comment on that. I do know that this whole NSS / FTD issue is coming more and more into public awareness and will soon be revealed for the can of worms that it is.
You should get up to speed on the Loftwerks (LFWK) saga, Janice. Jim knows all about it. It's shaping up to be a nice little drama. Insiders in LFWK claim to have bought more shares than are in the float. Therefore there is a negative float, although millions of 'shares' trade every day.
There is talk of issuing a regular dividend which the insiders would return to the company but the shorts would be forced to pay.
'CEO Dennis Ammerman stated; "Insiders decided to buy more shares than are legally available. There is no stock definition for this type of buying; therefore, we created our own definition. We call it 'Short Seller Captured Capital.' Insiders have expressed interest in selling blocks of shares back to the company at a later date. The shares can be introduce back into the market after LoftWerks' plans are executed, and the short sellers can complete their buy-in at a much higher price. Short Seller Captured Capital will prevent dilution of the current shareholders' value while providing insulation to the current shareholder from the effects of high-volume sell-offs." '
http://www.investorshub.com/boards/read_msg.asp?Message_id=10134104&txt2find=lfwk
http://www.investorshub.com/boards/read_msg.asp?Message_id=10136370&txt2find=lfwk
There seems to be some confusion here. That letter appears to be out of date as the rule change it seeks is coming in on 3rd July. The new rule will reveal the total short position in OTCBB/Pink Sheet stocks.
Reg SHO deals with FTD's rather than legitimate short positions. FTD's are sometimes called 'naked shorts' but this term is causing a lot of confusion. FTD's are 'failures to deliver'. Money has been paid but no shares have been handed over. Instead there is a type of IOU called an FTD.
Reg SHO indicates that there is a problem with a particular stock but doesn't reveal how big the problem is because the number of FTD's in the stock is not disclosed.
These FTD's can be treated like real shares by the broker/dealers and act like counterfeit shares. They increase the supply of 'shares' and can cause the price of the stock to fall.
For full transparency I would like to see three figures:
1) The total short position (coming for Pinkies on 3rd July)
2) The number of FTD's in the DTCC (known to the SEC but not made public at present for some strange reason)
3) The number of ex-clearing FTD's (unknown at the moment to anybody)
Interesting figures. Quite a variation from day to day peaking at 186 million on 22nd April. As I said I can't see why the SEC don't require these cumulative figures to be released daily for all stocks in the interest of full disclosure. What's the big deal?
These figures just represent the FTDs within the DTCC. They don't reveal the ex-clearing fails which are thought by some to be a multiple of these amounts.... six times as many by one reckoning, although I'm sure this figure varies widely also.