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Gorky
The bottom line is that these guys aquired a gold mine during low times on speculation that the price is going higher.
Good call on their part as we are weeks away from start up.
You will encounter many tick off investors that have finianced this mine during the wrong time in the cycle and got mad and sold.
If you are a smart fellow you would take advantage of this current window and get in on a great project.
Look ahead not behind.
Nice I also like Roxmark
LOL
Go to the Lotto pick board Id=7793.
I pretty much broke them all execpt the kool aid one with this one.
I broke the triple zero one with JMCP.
I would like to change rule # 10 to Thou shall not fill the boat with too much gold for it will sink.
And that's how the COOKIE crumbles.
Off Topic
Guys this weekend we gotta help out Derb/Ronning. I suggest as a weekend homework assignment we all find one stock that is an ideal short candidate...........because it appears this one is not working out.
By doing so maybe we can help this guy out from alienation and having internet conversations with himself.
I would really like to meet this guy.....not in a gay way either.
A NO BRAINER
This stock was probably a good money maker to short a few years ago..............but not during a PM bull.
Sometimes it is easier to just move on a find another one to beat up on.
I suggest property developement.
GOlden what are some other stocks you playin.
We seem to be on the same page with our investing?
Take a look at FMNJ and see how it kicked. ( I currently hold this also)
UCOI has ten times the potential than FMNJ in my opinion.
It is only a matter of time and patience.
Remember sometimes you have to break the rules of investing.
We are not the hogs that are going to face the butcher.
What are others selling strategies and points on this one?
1. UCOI - Gold mill about to open in Utah. PM's are in a bull. This took alot of time and angry investors pulled out. But now they got their s*it together and it will start-up within a month or so. Went out to the mill. She is a beauty. Holding long for paydirt. Bashers = Prime investment.
2. Franklin Mining - Long awaited silver project in Bolivia. High risk but CEO has poltical ties to the country. Beat out mining majors and got one hellava project. Mining equipment arrived in Bolivia last week. Start - up soon.
Enjoy the evening
Ucoi and Fmnj
The more you wait the tougher it is to catch
UCOI and FMNJ are good for swing action next week
FMNJ and UCOI are both showing monster momo.
Hang on tight
Crowd is bullish on FMNJ.
DO you DD. Don't be scared of Bolivia on this one.
This one is a monster.
Next week will be fun
Fmnj is a play for next week. PR should be out next week
Fmnj is on fire
Fmnj has a nice candle
I wonder what the current statistics look like?
Several countries are quietly accummulating the yellow metal.
But who?
I read in an article that 55 yrs of gold production are distribted on earth. Silver has only 7 yrs.
The emotionals people face when dealing with pm's are like no other. BRE-X
Life is one big cycle and it is like a photocopy of the last major run-up in 79-80. Cheap houses anyone?
US can't rule the world..........history shows that the crusades are always unsuccessful.
While the printing presses are running others are filling the vaults. Gotta ask yourself do you think Russia cares about US economy...or even China?
Soon our Canadian monopoly money will be worth more.
Two of the hardest things in life
1. Admitting your wrong
2. Getting out of that wrong
WORLD OFFICIAL GOLD HOLDINGS (January* 2005)
Tonnes
Gold’s % share of reserves**
1
United States
8,135.1
61.1%
2
Germany
3,433.2
51.1%
3
IMF
3,217.3
(1)
4
France
2,993.4
55.1%
5
Italy
2,451.8
55.8%
6
Switzerland
1,374.1
28.0%
7
Netherlands
777.5
50.5%
8
ECB
766.9
22.2%
9
Japan
765.2
1.3%
10
China
600.0
1.5%
11
Spain
523.3
38.1%
12
Portugal
462.2
58.7%
13
Taiwan
421.8
2.5%
14
Russia2
386.9
4.7%
15
India
357.7
4.0%
16
Venezuela2
357.4
22.9%
17
Austria
317.5
36.6%
18
United Kingdom
312.3
9.2%
19
Lebanon
286.8
24.6%
20
Belgium
257.8
26.5%
21
Philippines
237.9
21.1%
22
BIS
205.3
(1)
23
Algeria
173.6
5.7%
24
Sweden3
170.4
10.3%
25
Libya
143.8
8.1%
26
Saudi Arabia
143.0
8.1%
27
Singapore
127.4
1.7%
28
South Africa
123.9
12.5%
29
Turkey
116.1
4.3%
30
Greece
107.7
43.4%
31
Romania
105.1
10.6%
32
Poland
102.9
4.0%
33
Indonesia
96.5
3.9%
34
Thailand
83.6
2.5%
35
Australia
79.7
3.4%
36
Kuwait
79.0
13.5%
37
Egypt
75.6
7.2%
38
Denmark
66.5
2.5%
39
Pakistan
65.3
8.7%
40
Kazakhstan
56.8
9.9%
Tonnes
Gold’s % share of reserves**
41
Argentina
55.1
4.2%
42
Finland
49.1
5.8%
43
Bulgaria
39.8
6.5%
44
WAEMU4
36.5
7.0%
45
Malaysia
36.4
0.8%
46
Slovak Republic
35.1
3.7%
47
Peru
34.7
4.0%
48
Bolivia
28.3
34.1%
49
Ecuador
26.3
24.7%
50
Syrian Arab Rep.
25.9
(1)
51
Morocco
22.0
2.0%
52
Nigeria
21.4
1.9%
53
Ukraine
15.9
2.3%
54
El Salvador
14.6
10.9%
55
Cyprus
14.5
5.4%
56
Korea
14.1
0.1%
57
Brazil
13.8
0.4%
58
Czech Republic
13.6
0.7%
59
Neths Antilles
13.1
32.1%
60
Jordan
12.8
3.4%
61
Cambodia
12.4
16.9%
62
Colombia
10.2
1.1%
63
Ghana
8.7
8.0%
64
Latvia
7.7
5.8%
65
Slovenia
7.6
1.3%
66
Myanmar
7.2
13.6%
67
CEMAC5
7.1
3.8%
68
Guatemala
6.9
2.9%
69
Tunisia
6.8
2.5%
70
Macedonia, FYR
6.1
9.5%
71
Lithuania
5.8
2.3%
72
Ireland
5.5
2.8%
73
Mongolia
5.2
24.6%
74
Nepal
4.8
4.5%
75
Bahrain
4.7
3.5%
76
Mexico
4.6
0.1%
77
Bangladesh
3.5
1.6%
78
Canada
3.4
0.1%
79
Aruba
3.1
12.5%
80
Hungary
3.1
0.3%
NEWS
Unico, Inc. Announces New Metallurgist for Mill and Processing Facility at the Deer Trail Mine
Thursday January 25, 9:10 am ET
SAN DIEGO, CA--(MARKET WIRE)--Jan 25, 2007 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that its wholly owned subsidiary, Deer Trail Mining Company, LLC, has contracted with Rob Robson, a metallurgist with over 20 years experience in metallurgical work in the mining industry. The focus of Mr. Robson's work will be on the optimization of the design and flow of the floatation circuit for the mill and production facility at the Deer Trail Mine.
ADVERTISEMENT
Mr. Robson most recently served as mill superintendent at an operating mine in Canada. He previously worked for United Glencairn Resources, producing an operating manual for gold processing operations, and for North American Metals Corporation at the Golden Bear Mine in Northern British Columbia, serving in various positions of increasing responsibility and culminating as process superintendent.
Mr. Robson functioned as laboratory manager for Kazakhstan Goldfields in Kazakhstan. He set up and operated testing and assaying laboratories for Ash & Associates Consulting Ltd. on several projects in Canada. Mr. Robson also served as process superintendent for Candorado Mines Ltd. of Hedley, British Colombia, a producing gold operation.
After receiving his diploma as a Mining Technologist from British Columbia Institute of Technology in 1981, Mr. Robson was awarded a diploma in Gas & Oil Technology from the British Columbia Institute of Technology.
"We are extremely pleased to have retained a quality consulting metallurgist with the experience and expertise of Mr. Robson as we move through the completion phase and the start-up of operations at the Deer Trail mill and processing facility," said Mark A. Lopez, chief executive officer of Unico, Inc. "Mr. Robson is already on site at the Deer Trail property, and we look forward to his contributions toward maximizing the potential of this facility."
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., particularly when new press releases, SEC filings or other information is disclosed, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php.
This soap opra get's better. I see Big John found a new hangout at stockhouse.
1. Contraversy attracts attention. What's with the raging bull? Usually anything goes there.
2. I consider myself an internet forum junkie. In between daytrading at work I read them all. I WOULD LIKE TO SAY THIS BOARD CONTAINS AN ELITE GROUP OF INVESTORS ( AND BASHERS). THE BEST INFO AND INSIGHT IS FOUND RIGHT HERE ABOUT PRECIOUS METALS.
SOME SWIFT COOKIES HERE.
3. FMNJ is having the same problem as UCOI. Lack of investor confidence. These two having been crying wolf all year.
4. Some of us got in to early..............but it is going towards a good cause.
more later.........tired
Anyone got a link?
Press Release Source: Unico, Inc.
Unico, Inc. Announces Purchase of Main Transformer for Electrical Substation at the Deer Trail Mine
Monday January 22, 8:47 am ET
SAN DIEGO, CA--(MARKET WIRE)--Jan 22, 2007 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that the company has purchased the main transformer for its new electrical substation at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah.
ADVERTISEMENT
The General Electric transformer was purchased from Denver Magnetic, Inc. and delivery is expected within the next three weeks. In the interim, the substation site will be prepared for the grounding circuits and concrete foundation.
The primary voltage of the transformer is 46,000 volts, which will be provided to the Deer Trail Mine from PacifiCorp, which operates in Utah as Rocky Mountain Power. The secondary voltage of 12,470/7,200 will be sent to the mill by direct burial cable. The 12,470 voltage will then be further reduced to the required 480 volts required to operate the mill. The availability of additional voltage allows for the planned future expansion at the site, including larger crushing equipment, an additional ball mill and power to operate mining activities as needed.
"We are pleased to have purchased the main transformer for our new substation, since this is a critical component of the facility," stated Mark A. Lopez, chief executive officer of Unico, Inc. "With reconstruction of the mill and processing facility at the Deer Trail Mine in the completion phase, we are also focused on having the power requirements for the site in place, so that processing operations can begin as soon as possible."
Unico's wholly owned subsidiary, Deer Trail Mining Company, Inc., has contracted with BNA Consulting, Inc. (www.bnaconsulting.com), a major provider of electrical consulting services in Utah and surrounding states for 35 years, for a broad range of engineering services related to the construction of the substation. BNA's procurement services include assisting in locating the best quality electrical equipment possible, including starters and other required electrical components. The design and completion of the new substation itself is expected to provide substantial cost savings as a result of lower energy costs and greater reliability, and the use of good quality equipment is expected to reduce equipment costs by approximately 40%.
BNA recently finished the new building lighting and basic electrical schematic and is currently completing the engineering work for the new substation. Installation of the necessary service panels and fixtures is expected to begin immediately. The electrical panels will be temporarily connected to a generator at the Deer Trail site to assist with ongoing construction until the substation is complete.
BNA has proposed locating the new substation within 600 feet of the Deer Trail mill, directly adjoining the Rocky Mountain Power substation. This location will reduce the cost of the overhead line drop and the number of poles required to transport the higher voltage of 46,000 volts to the newly acquired transformer.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., particularly when new press releases, SEC filings or other information is disclosed, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php.
About Unico, Inc.
Unico, Inc. (OTC BB:UCOI.OB - News) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has recently announced agreements to acquire over 70 additional mining claims. For more information, please visit www.unicomining.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.
Your correct jizmo
Gold is not a major factor at deer trail. However what about some of the other leases like Bromide.
Gold will be produced and sold
All that legal jargon just gives me a headache
Just posted a better one for cobbs.
Present for the board
http://www.whitehouse.gov/news/releases/2007/01/20070118.html
Ladies and gentlemen the train is warming up and there are a few cheap seats availble.
Many of you investors think that this opportunity is too good to be true and doubt it will happen. Stop listening to the bashers.
I am a proud owner of the most scrutinized stock in pennyland. If I am inncorrect pls post the one that is. I have literally seen thousands of bash related posting and still holding strong.
Points to ponder.
1. The state of Utah is trying to position itself to be one of the largest mining and oil producing states in the US. Do your research if you don't believe me. Friendly towards business.
2. Silver Bars your right I would not short those charts.
3. Oil slumping, techs falling, investors want gratification and will seek this in precious metals. ( Personally I believe the Saudi's want to choke off the tar sands projects in Alberta)
4. Where are all the gold coins dissappearing to?
5. USA is printing off money as fast as they can...............while other countries are accummulating gold. (Russia,China and etc)
6. PM ETFs are getting popular overseas.
7. Our western society pig headedness is ignoring this trend and we will be the last to react. Nobody wants the greenback.
8. PM's have been around for thousands of years and they just don't seem to go away. Life is one big cycle.
9. Derb/Ronning you did a good job here on these boards. YOU EARNED THE MONEY FOR THE JOB YOU WERE SUPPOSE TO DO. You seem to having your mining manipulations down to a T. I am sure you will find another lucrative mining stock to short to death. Hey buddy bad break.........who wudda thought these guys would've got that piece of shit processing again.
It looks good.
You dominate style will be remembered.
DERB PLEASE GO BOIL A KETTLE OF WATER AND TRY HOLD IN THE STEAM.
FMNJ is kicking also.
Goodnight
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More basher articles
An Open Letter To All Those Concerned:
To The Perpetrators:
To the short sellers and those who control the offshore financial institutions:
You are destroying your own country. As with any scam in which the victims are nameless and faceless, it is much easier to rob them blind when you don't have to look your victims in the eye. However, this is the truth: the Grandmother or Grandfather whose life savings you have wiped out by using fraud and manipulation to destroy the stock market could be your Grandparents. The hardworking employees who have lost their jobs because you forced their company into bankruptcy could be your sons, daughters, or your best friends. The company that is forced out of business because of your greed and dishonesty could be developing the cure to a disease that you might someday die from. Good riddance.
You are traitors to your country, no better than Benedict Arnold or those who cause the loss of lives by selling national secrets. The wheels of justice might turn excruciatingly slow, but they are turning as we speak. In the end, you will be paraded in the town squares as the traitors and common criminals that you are. You will have to face those whose lives you have ruined, look your victims in the eye, and explain yourselves.
To the companies that have taken advantage of the same loopholes to defraud their own shareholders:
You are the worst type of criminal, the kind that robs the very people who have placed their trust in you. There are many honest companies out there trying to make our country a better place, and you are giving them all a bad name, and providing ammo to those who would paint all small companies with the same brush. You too will have to answer for your despicable crimes.
And to the foreign exchanges who are complicit in this scandal:
You have taken part in the defrauding of America and Americans, and in the end, you will pay dearly. Enough said.
To The NASD, The Brokers and MMs, and the DTCC:
You are the true villains in this scandal. When I wrote about this scheme to defraud our country and called it "Financial Terrorism In America", make no mistake, you are the terrorists I was referring to. While it's true that the short sellers and offshore lending institutions might be flying the planes, you are providing the weapons of mass destruction that are ruining American lives.
To the DTCC: to say that you are "following the rules" does not exonerate you. You made those rules yourselves, and filled them full of loopholes large enough to drive a Brinks truck through. Loopholes that allow counterfeit electronic shares to be created out of thin air, and then used to destroy stockholders and the companies that they invest in. And sadly, that is exactly what has happened time and time again, unchecked and unabated for years. Shame on you.
To The SEC:
Why did you sit idly by while this scandal continued year after year? Why have the rules which could have put an end to this pillaging of America's wealth taken years to implement? When will you, as the so-called protector of the American investor, finally have the nerve to stand up and say "Enough!"? If you continue to sit on the sidelines while the financial markets are brought to ruin, then you are as guilty as those who actually committed the crimes. Do the right thing, and do it now!
To The Paid Bashers:
You are the footsoldiers in this scandal. While your bosses are making the big haul by shorting the stocks that you are paid to bash, you are holding the innocent at gunpoint. While those at the top make millions in this scam, you are paid chump change, but when the house of cards collapses (and that time is nearing), you will share a cell with those who masterminded the entire scheme. Is it worth the price you will soon pay just to make a few dollars stealing from your family, friends, and neighbors? And even worse, you hear the desperation and feel the pain of those who you help destroy every day, and you mock them. How can you sleep at night?
To Raging Bull:
You are the Napster of this scandal. Although you may feign innocence by saying that you simply provide a forum for discussion about OTC stocks, and that you have no control over the content, that is simply bull (no pun intended). By allowing the systematic unsubstantiated bashing of every small company in America to continue unchecked for years, you are a party to this scandal as well.
Who are you, anyway? I have received information from a number of sources who claim that you are actually owned by a group of investors who have profited from this scandal. If in fact that is true, then you, too, deserve to be held accountable for your actions. Even if it isn't, the fact that you are providing a forum for those who will destroy our markets makes you an accomplice to this travesty.
To The Victims:
To the shareholders who have been robbed blind.
Speak out! Distribute articles like this one, and others that have been written about this scandal, to all corners of the Earth. Inundate Raging Bull, Yahoo, and the other stock message boards with the truth. Send these articles to other news sources and ask them to link them, or to write stories about this in their publications. Educate everyone.
I have received dozens of calls and emails about this issue, and a few brave souls have put themselves in the line of fire time and again to expose this fraud. Join them! If you have information that will aid in the fight, send it to me. I will be your mouthpiece. Call your congressman, call or email the SEC. Sign the petition at www.investigatethesec.com . Join together with other stockholders and demand that your brokers deliver your stock certificates to you. If they refuse, report them to the SEC (and again, email the information to me). Empower yourselves. Spread the word! You will have your day.
To the companies that have been robbed blind:
Speak out! Enough is enough. Contact your stockholders, band together, and call in your shares. If you demand that all shares be delivered, this will expose the crooks. If you have a contract with an offshore lender who is naked shorting your company into oblivion, sue them and refuse to give them any more shares.
Issue press releases exposing the fraud against you. Contact the press and tell them your story. Contact The Faulking Truth and tell us your story. Reprint articles about this issue on your websites, release them through your media outlets. Only by shining a light on this scandal will the public ever see it clearly.
There are hundreds of other companies just like you out there, join together with them and form a coalition to fight those who are defrauding you and your shareholders. Contact the SEC, as a group, and demand that they close the loopholes that allow this fraud to continue immediately, and that they take the necessary steps to repair the damage that has already been done. Demand that they force the Money Makers, brokers, and the DTCC to reveal how many trades are never settled, and in essence, how many counterfeit shares have been electronically created. What would happen if several hundred companies got together and demanded to be removed from the DTCC trading system altogether? I'd like to find out. Join one of the class action suits that have been filed, or file your own suit. Contact your congressmen. Contact Elliot Spitzer, the New York State Attorney General.
Many of you have spoken out against this fraud, but many more of you have remained on the sidelines. This is a battle for your very survival. If you don't join the fight, you have lost the war without firing a shot.
Fire the next shot, and don't stop firing until this scandal has been stopped dead in it's tracks. That, more than ever, is the faulking truth.
From another board. Good Advice
I am a newbie, and have gotten out of runs because of bashers, with a small profit thank god. Now when I see a basher, I smile. Every positive play I've been in has a basher show up when the run starts, sometimes a couple days before. If you do your DD, then don't let the negative guys(bashers) sway your opinion. I now actually use bashers as a sign that I'm in a good position, this board doesn't have many, but IHUB and RB do (bashers that is). I check them frequently when I'm in a stock, and if somebodies not bashing, then I worry. All my picks come from this board, I just bounce off the other boards to see what's going on. I am learning a lot and hope to make some picks of my own.GLTA
What ever works for you, go with it
And this was posted as the Basher handbook:
Rules for Successful Bashing:
1. Be anonymous
2. Use 10% fact. 90% suggestion. The facts will lend credibility to your suggestions.
3. Let others help you learn about the stock. Build rapport and a
support base before initiating your Bashing routine.
4. Enter w/ humor and reply to all who reply to you.
5. Use multiple ISP's, handles and aliases.
6. Use two (2) or more aliases to simulate a discussion.
7. Do not start with an all out slam of the stock. Build softly.
8. Identify your foes (Longs) and the boards "guru" Use them to
your advantage. Lead them do not follow their lead.
9. Only Bash until the tide/momentum turns. Let doubt carry it the
rest of the way.
10. Give the appearance of being open minded.
11. Be bold in your statements. People follow strength.
12. Write headlines in caps with catchy statements.
13. Pour it on as your position gains momentum. Not your personality.
14. Don't worry about being labeled a "Basher". Newbies won't
know your history.
15. When identified put up a brief fight, then back off. Return in an hour unless your foe is a weak in reasoning powers.
16. Your goal is to limit the momentum of the run. Not to tank the
company or create a plunge in the stock; be subtle and consistent.
17. Kill the dreams of profits, not the company or the stock.
18. Use questions to create critical thinking. Statements to
reinforce facts.
19. DO NOT LIE, NAME CALL or USE PROFANITY.
20. Encourage people to call the company. 99% won't. They'll take your word for claims made. If they do call you can always find something that is inaccurate in how they report their findings.
21. Discourage people from believing Press Releases.
Encourage them to call the company. They won't out of laziness.
22. If the companies history/PR's are negative constantly point to that. Compile a list of this data prior to beginning your efforts.
23. If the price rises blame it on the hype or the PR, temporary
mass reaction, the market, etc. Anything but the stock itself.
24. If other posters share your concerns, play on that and share theirs too.
25. Always cite low volume, even when it's not.
26. Three or four aliases can dominate a board and wear down the longs.
27. Bait the Longs into personal debates putting their
focus/efforts on you and not the stock or facts. Divert their attention from facts.
28. Promote other stocks that would-be investors can turn to
instead of the one your Bashing.
30. Do not fall for challenges on the "values" of what you are doing, it's a game and you are playing it with your own rules.
This was on another penny site that is really informative about buying penny stocks:
Lesson on Bashers
Lesson 1: Remember, BASHERS NEVER Bash A BAD STOCK. Check the boards for stocks with no potential. They never have any Bashers. Bashers only go after stocks that are moving up or have excellent potential to do so. Bashers work to bring the price down to either increase their position at the expense of others or help a Short make their bones.
Lesson 2: BASHERS ALWAYS BRING UP OLD NEWS THAT YOU HAVE HEARD MANY TIMES. New startup companies always have a few bits of bad news. The Basher will post this over and over again. Unsophisticated Bashers will try to freshen up old news with a new date or by-line in an attempt to fool you.
Lesson 3: BASHERS POST MANY TIMES A DAY. They try to wear you out. They comment on everything, every other post, and can answer every question. THEY KNOW IT ALL! There is no positive comment they won't Bash. They try to control the board. True longs may have to confront the Bashers or they will appear to the newbies as being the people with all the information. This is best accomplished by posting positive, well researched data on the company, repetitively, while trying hard not to engage the Bashers in direct repartee. REMEMBER - LONGS... RESIST USING THE BASHERS ALIAS!
Lesson 4: BASHERS WILL LIE TO YOUR FACE. Never trust a Basher. The truth on startup companies is that they make mistakes. What new company hasn't? The Basher will compare your issue to a another companies, financials - deals - management, etc., trying to lure you into making an Apples to Oranges comparison. Remember each company is unique and while it is prudent to seek out established indicators, do so with care and don't take someone else's word for it. Strive to come up with at least a "six-pack" of indicators so your vision of the state of a company is not tied to a single barometer. Not doing so is tantamount to going to a Race Track and betting on the "Pretty Brown Horsey". BASHERS WANT TO WHISPER IN YOUR EAR - PLANT A SEED OF DOUBT, AND HOPE THAT YOU ARE NOT SAVVY ENOUGH TO RESEARCH THE TRUTH ON YOUR OWN. This is how they achieve their greatest success.
Article I found
Looks like someone is finally going to get off their ass and at least give the American public a heads up on the practice of allowing the selling naked shorts for American companies in overseas markets . For those that don't know what this is all about I will post a couple of links but anyone who has used the Raging Bull or Yahoo boards have seen the effect the paid bashers have had on those boards for years . Overseas "investors" are basically allowed to sell as many shares short as they wish with no regard as to whether or not they can actually produce such shares . Foreign markets basically give naked shorters the license to issue counterefeit stock in whatever quantity their pocketbooks can afford . There have been many times you can find more shares of a company sold short than the company has even issued lol
I even brought up the fact that here at least one had to put up some sort of record to post and anyone could directly gauge that record by looking at your public pages which made it much easier to deal with the occasional poster that is just pouring out drivel . Paid bashers usually don't possess the skills to be even a mediocre investor but you can see a bit of the writing style they flood public boards with show up here on occasion ...
I actually was recruited on the Yahoo boards to be a paid basher because of the way I replied to most of the silly manure they posted . ( Direct replies are a mistake ... paid bashers are often paid by the number of replies they get so on Yahoo or Raging Bull the best method to use is to put up post that show how silly their claims are without mentioning their name or even the fact you read their post )
I don't need the chump change and their kind frankly piss me off so I wrote a nice screw you letter in reply to the recruiter. One thing that is nice though the mere mention that this story is going to run has scared short sellers attacking one company I currently hold . It has jumped 11% today for no good reason other than shorts in America trying to cover as their foreign "buddies" head for cover ...
Old article with relevance to our situation
By Dr. Richard S. Appel
March 31, 2006 - Across the past several years gold's price has risen from its $252.50 nadir to a recent $572 high. Yet, despite the fact that it has more than doubled in price, few individuals or investors truly recognize that its Bull Market even exists.
Since 1999, the eternal metal has plodded ever higher. It experienced both excited sharp advances and frightening declines. Violent upwaves were often followed by price reversals that tested the mettle of the steadfast gold-bugs. Some were thrown from the bull's back, but numerous others could not be shaken from the market. For those who trusted their judgment and understood the underlying fundamentals driving gold's unrelenting ascent, the recognition of the truth helped sustain their determination and kept them invested.
It is common for secular Bull Markets to be accompanied by not only skepticism but also by fear and disbelief. Despite the fact that substantial profits accrued to those who early understood that gold was destined to be propelled far higher in price, the average person still can not fathom gold's destiny. While it seemed obvious to a few, the reality remained elusive to the average man. For good or for bad, it could not have been any other way. For, historically, it is not until the final stages of any Bull Market that the public enters and drives the market price to dizzying heights that culminate in final tops.
I penned an article, "So Few Believe" in November, 2003, that I hoped would help investors recognize that gold was indeed in a primary Bull Market. Just as today, I attempted to share my insights with those who would follow my reasoning with an open mind. I tried to educate the reader so that he would recognize that gold's fate was sealed.
Not much has changed since 2003, regarding the public's awareness of the yellow metal's secular Bull Market. They still remain unaware and are likely to continue until the final bull stage.
The primary reason underpinning gold's Bull Market is fostered by the actions of our government. Our nation has been moving along a path where our Fed and government's actions have undermined not only the present but the future value of the dollar. This is due to the ongoing policies which if anything have become more damaging and progressive, thus predetermining gold's destiny. That is, to trend higher for the foreseeable future as it responds to the flood of inflationary dollars that our Federal Reserve and government continues to produce.
The purchasing power and exchange value of currencies, that are only backed by faith in the integrity of the issuing government, is primarily determined by supply and demand. If the rulers of a country expand their supply of money in excess of the increase in goods and services offered on their markets, they cheapen the worth of the already circulating currency. Similarly, if a country inflates its monetary aggregates, their unit's ability to purchase other currencies diminishes.
In both cases, this reduces the amount of things that their money can purchase. In the nation itself the cost of goods and services will be driven higher by the increased number of monetary units available to bid for them. On the currency exchanges, they will purchase fewer units of the legal tender of other countries as the sellers of the over-issued money overwhelm other currency offerings.
This is where gold shines. It prevents governments from an excessive creation of paper, or now electronic, money. Under the discipline of gold a governing body cannot create more of their monetary units than they have gold to back them. This is the beauty of gold! It disciplines governing officials and forces them to live within their budgets. They cannot summarily issue money to pay for their overspending without suffering the consequences.
Gold has been the only item that mankind has always desired and repeatedly recognized as true money. From the beginning of civilization it was the sole item that has endured the test of time, and offered civilized man a benchmark of value.
Originally, governments tied their money to gold. They included precious metal in their coinage to foster confidence. It was truly the sole substance that was both coveted and universally accepted as something of eternal value. From peasants to emperors, gold represented lasting wealth. After all, it always required long hours of arduous sweat and labor to recover a small quantity of the lustrous metal from the bowels of the earth. Further, it was something that could not be duplicated. These were among the reasons why gold entered the world's monetary system.
However, I must wonder if the primary reason for its desirability was that it kept their governments honest. It prevented politicians from debasing their money by issuing greater amounts of monetary units beyond the quantity of gold that they possessed to back them.
MOST INVESTORS HAVE DIFFICULTY UNDERSTANDING GOLD OR THE MARKETS
In the U.S., the media compares gold with copper and pork bellies. They discuss its value as they would any commodity. We are frequently told that "gold is too volatile" to be a sound investment. This, despite the fact that it has lagged behind the price rises of most metals. We are bombarded by negative gold statements. Further, not only our officials but the press, espouse the belief that neither our budget nor our balance of payments deficits matter. Decades ago, similar domestic bureaucrats also told us that budget deficits don't matter. For those who remember they said, "because we owe it to ourselves". However, the truth is that they do matter! If they aren't eliminated the dollar credits that must be created to fund the overspending, will eventually destroy the dollar's purchasing power, our bonds, and potentially our economy. This occurred in the late 1970's. Inflation rose well into the double digits, interest rates hit 20%, American business markedly slowed and, not surprisingly, gold touched $875 an ounce.
Yet, in part I must acknowledge that they are correct, at least in the short term. As long as our citizens allow the deficits to build, and the rest of the world remain deceived and continue to accept our paper and electronically created dollars for their products, it truly doesn't matter. Unfortunately, the time is moving ever nearer when this will change.
In fact, we are beginning to hear the first rumblings of a move away from the dollar. Numerous countries are starting to shy away from the greenback. Japan, China, Russia, and a number of other nations are making efforts to reduce their dollar accumulations. China seems to be at the forefront by seeking assets for which they can trade their massive U.S. currency holdings. Additionally, Iran is attempting to launch a euro based market for oil. If this comes to pass, whether in Iran or another nation, the world's need for dollars will enter a waterfall decline. For the dollar to remain relatively strong it will require further American ingenuity. Our government will have to create new reasons to convince the rest of the world to continue holding dollars.
Most Americans are ill prepared to recognize the importance of gold, or to even fathom the complexities of the financial and economic world. Mathematics is one of the primary building blocks that are necessary to understand the intricacies of the financial universe.
In our youth, most of us had our first introduction to this discipline in the classroom. When I went to elementary school I had one teacher. She taught us a number of different subjects during the school day. She did it all.
Math is in and of itself a subject that can be quite intimidating. In fact, many of us were taught by teachers who themselves were uncomfortable with the topic. I am certain that they did their best. But in the case of those in my generation it is likely that numerous educators inadvertently instilled their hesitation if not fear of the subject into their students. Is it any wonder why numerous highly intelligent individuals continue to shy away from anything mathematic. If this is the case, how can they possibly have a full command of what occurs in the financial realm. Thus, they are forced to rely upon the media or alleged experts who themselves may have their own agendas, present misinformation, or know little more than do they.
Today, the gold market is experiencing yet another correction within what I believe will prove to be its greatest Bull Market. It has probed the $530-$535 level from where it arose unscathed, and is now within striking distance of its bull high. While its $534 low may prove to be the point from which it will continue to trend higher, I feel that further backing and filling and possible lower levels should not be ruled out.
Gold's 200-day moving average is $486.42 and its 50-day one is $554.97. At Friday's $556.75 London second fix, the yellow metal again tentatively moved above its 50-day average, while it continues to trade far above its 200-day line. This indicates that it remains in an overbought condition. To my mind it would be healthy for its market to work off this condition. If gold trades in its current range or even probes yet a lower zone, it will build a strong base from where it can initiate its next substantial advance.
THEY LIKELY WON'T BELIEVE FOR QUITE SOME TIME
Given the virtually universal refusal to even consider that the eternal metal is in a Bull Market, it seems to me that it may take quite a while before the masses first begin to view gold differently. It may not be until far later in its bullish ascent that the average person begins acquiring the yellow metal. This will likely result when the dollar is far lower on international markets, inflation is patently obvious to everyone, and the government's statistics will become widely questioned. Only then will gold be sought by the man in the street. Until that time, the average American will neither understand nor believe.
Do not despair. For when they do we will likely witness a massive price rise that will bring back memories of late 1979 and early 1980.That was when gold rose from the $400 range to $875 in less than six months. You had to be there to believe it! And, perhaps you will have another similar opportunity before this gold bull takes his last breath. It will only be then when they will believe, but prices will be far higher. In fact, the final explosive advance will be created by a late-coming panicked public, just as it was in gold's 1970's Bull Market. And, I hope that we will both be sufficiently perceptive to sell them our holdings when the world once again clamors for the eternal metal.
GOOD NEWS
Unico, Inc. Announces First Round of $1 Million Private Placement Financing
Thursday January 18, 9:08 am ET
SAN DIEGO, CA--(MARKET WIRE)--Jan 18, 2007 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that the company has received the first round of a what is expected to be a total of $1,000,000 of financing in the form of private placement investments in restricted common stock.
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On December 29, 2006, Unico sold 42,785,700 shares of its restricted common stock to an unrelated third party for a purchase price per share of $0.014 and an aggregate purchase price of $599,000. The shares were issued restricted pursuant to Rule 144 of the Securities Act of 1933.
A second private placement anticipated in the near term is expected to bring the total amount of capital raised through these two rounds of financing to approximately $1,000,000.
The capital will be applied to the operations of Unico and to support the ongoing activities of its subsidiary mining properties.
"We are pleased to have accessed this financing and applied it to activities that are directly connected to our efforts to establish value at our subsidiary mining properties," said Mark A. Lopez, chief executive officer of Unico, Inc. "Our major focus remains the development and growth of revenues from the operations of our subsidiaries, and the ability to access adequate capital resources is an important element in bringing this goal to fruition."
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., particularly when new press releases, SEC filings or other information is disclosed, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php.
Anybody now of Outboard Holding.
They have the solution to the problem
It appear to me that this company got some primo land that the big boys wanted.
Let this guy and whoever got him this land wait in the weeds so they don't attract attention
Goldmine would do it
Wow that looks exactly like Unico's
Thanks UCbull
He will make then up like the Rapholz story.
Just go there, several of us went already.