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Well if you pressed the sell button at 115 you would feel pretty angry now. Someone sits and doesn't press it up but buys at lower bids. People are willing to pick up 50k shares at a pop. I know who is selling, I'm not sure who is buying. No need to rush into buy. Just place a low bid like today but after the whoosh down the bids came back. Someone must be buying even if you are selling. For every seller, someone is buying.
Well you deleted my post. I didn't have a new moniker.
I got fg now. They are looking for a TD. Who isn't?
OK....why? Why now?
What is fg?
It was constructive. Can anyone explain the move and volume on Thursday?
15 was big. Let's see if 18 becomes big next run Someone bigger than me and you is controlling the movement. I always felt the shares were worth about 80 cents. That is 20% of what is in the ground of the area assayed. DME had a $1.15 value on it.
1.2 million shares in a half of day yesterday and 14k today in an hour and a half. Nutty!
JV or loan agreement you give up something.
Talking about a buyout on the YAhoo board. I don't know what to expect but a limited lending agreement of $4 to $6 million would put the stock over 60 cents pretty quick.
I know you like technicals. Basing around this level between16 and 20 provides a bullish Adam and Eve pattern.
How much did you buy? 1.2 million shares before noon. Since then the volume has tapered off. See what tomorrow brings.
The 150K bot at end of day was a hint of things to come.
Grey print took out the 83K at 16. Very good sign.
Grey on my screen eating the ask. Good sign.
Someone picked up 325k shares.
Someone took a dent out of those shares at 15.
The buy at 1425 was grey on my screen. Always a good sign like before.
Better support today. When the bid got hit it came back for more.
OK. I'll bite. What was the blurb put out?
Why now?
The only thing positive I can say is someone took the ask at 14 most of the day. Painted grey on my screen indicating someone that makes a market in the shares took them.
I wouldn't be surprised if the buyer in the PAC Rim is going to get the offering here and get 20% of the company. It doesn't cost them much.
I still think is 15 based on the action.
Praise the Lord!
Right????? That is why they had 2 IBs over the last 6 months represent them. They get all the documents to try and get a deal done. Both these firms were wrong and you are correct. Really?
You expect people to believe your garbage?
Based on the activity at 15 cents and this is where they have previously offered shares to large holders my bet is at 15 cents. It depends who is involved. They appeared close a couple of times on a JV or sale. My feelings are they raise about $3 to $6 million and the shares run to 60 cents. So far it has been profitable for the folks that have got the offerings in the past.
My bet is shares at 15 with warrants at 25.
Read the 10k. As far your rumor that you decided to start they would have told you by now instead of them negotiating in the PAC Rim. Would 2 Investment Bankers take them on over the past year if the legal documents were wrong?
You just decided to start garbage here like the YHOO board.
They are good for a little less than 50 years and can extend them an additional 50 years.
Leave it to the YHOO board bashers to put that out. There is great hatred over there.
I would bet they offer shares at 15 cents with warrants at 25 cents or more. This has clearly been orchestrated by some entity. If I was selling 550k shares I wouldn't scare people off by stuffing the ask with it. If I wanted to control the share price that is what I would do. A bit aggravating to watch someone press it lower and not sell one share.
It would not surprise me if the PAC Rim entity was getting shares now or apiece of the company down here. Only reason to have put out PR.
I'll help. It is the difference between fast and a slower moving average. A technical indicator some people watch. If you google it you will find it.
"effort to reach an agreement"
Sounds like negotiate!
You must have sold yesterday. Discussions. .....Negotiations. Talk about splitting hairs. It is with a group that has signed non disclosure agreements. I don't see the difference in the two words.
I would like to see some of the older bidders come back. I know they want more than what has probably been offered. Gildea keeps talking $2. Two years ago they had a Pacific Rim miner interested. I have to believe these guys in management are a bit weary by now watching their shares go no where. I'm sure they want their options first.
You may be right. This may also free up people under an agreement to buy shares.
So they shouldn't say anything. They could have put the same info out when the shares were 35 cents or when they started negotiations.
It has been going on for 2 months. Looks like this new director has some hand in this. It looks like there is a China component. They have been buying assets in Mexico.
The company is getting tiring. It has gone on since last Aug. Cut a deal already!
They would have been better off keeping everyone in the dark until a deal of some kind is signed.
First it was BVN last Aug. and others since then with 2 different investment bankers. I think the property is a good find based on the interest of the bankers but they must keep digging in their heels wanting more than what is offered.
The fact the shares have run up to 40 cents multiple times probably indicates where the interest is.
Just put out they are in discussions with a group from the Pacific Rim region. They have turned over documents on the property. Burney has spent time with them.
I don't know if they are getting sold or not. The only thing I do know is they want $2 to $3. That would be one heck of a gain from here.
I think they have had offers. Just look at the chart. Up. Down. Up. Down.
They more than likely have the payment money on hand if warrants were exercised. They also raised money in Q4 if I remember correctly. I don't see them issuing shares.
The 5 acres cored and assayed have about $400 million in assets. 20% of 400 million is about 80 cents. It seems more than reasonable 450 acres could go for $1 From the price at this level it doesn't.
Why buy it? What do you know about it? I own it because I read the 43-101 and the first 5 acres has a fair amount of gold. It would lead me to believe the company is worth about 80 cents. The action is telling me I am wrong.
Why do you want to own it?
I am on the mailing list as well. I just think who ever is working the list isn't doing a very good job. It is not the Iceman that works the email list.
He must have talked to him. It wasn't something that was posted.