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Well said. Kinks in every startup. And going from no revenue to tens of millions in a few months time is going to make for quite the transition. There will be options lining up for him and the company with each passing month. He will definitely need to be looking to expand his support network for the office stuff. Going to be fun to watch this thing play out. Just a matter of time....tick tock...
Time to hit the gym...bring us home team CWRN.
I don't know about "upset" more than "here we go again"....I know I'm not emotionally attached to any negative posts here. People get tired of debunking the same things over and over and over when the information is presented clearly and thoroughly and people still call it a pump and dump....You are free to do say what you please but don't be surprised when every baseless comment that is made on this board is beaten back with 7 truths. IMO.
I just got Wood....I mean IRON!
IMHO you will not be correct, as someone who hasbeen here for the last several months. If it does, I'll gladly LOAD UP, and perhaps sneak an early retirement out of the deal. GLTU.
Yes I find that awesome. Thanks for driving it down peeps. Already made a nice chunk offa the dip....now keep headin for the moon!
Its all in this first shipment that just set sail on Sunday. The proceeds from the shipment will pay off the outstanding debt they have. They are also planning and adding to their heavy eqipment (per the latest Pr) to help increase production. They have also signed a deal to get an even BIGGER mine operational by the end of 2011. My guess is it'll be early 2012 cuz thats just how it happens.
AS for the share structure it is still TBD. Anywhere from 2 Billion to 6 billion....but the plan on buying back 60% of the outstanding shares.
Shortly (within 2 weeks) after financials are released seems to be the consensus. Financials probably will be here within weeks, I'd say 2-5 weeks, but I'm guessing.
What shipment are you referring to? The one that is already sailing? We should already have received PMT for that one so that guy is irrelevant now. There are two other ones coming, and rumors are saying May 1 to 10 for one shipment and no clue on when the ship is coming for the "fines" but the Pr said theyd be done prepping them by the end of next week (or 10 days, so prolly 13-14 days with the snags of a junior mining co.). That's still very soon. We may get financials/CE/buyback news in the time period too, although I'm not holding my breath.
Tomorrow should be a fun one!!
Anyone have the short volume for this Day? TIA.
Wouldn't that make it BIRONIC? (ba doomp boomp, chiinng!)
The answer is still "no" to them selling st .18 as far as anything I've read or heard.
That was a bogus offer. CWRN has stated they have no intention to sell at that price. They believe they are worth much more...I agree. GETMORESHARES and enjoy the ride.
Make up your mind....do you like the stock or not? you were just slamming the crap out of it the last few days.
Wow. What a gift at these levels. Thanks for the great morning, SERIOUSLY.
LMAO at the last sentence.....prolly true lmao.
Kriton was 7 million revenue not profit. Profit guestimated tween 3-4mill
Thanks. Crossed my wires there. Alot of catching up to do today and just misunderstood the Q. My understanding is that they are not only buying back the shares, but retiring them as well. Does that doesnt bring down the AS, just the OS? lil help por favor.
Yea per shipment basis I know. But this first shipment is covering alot of other odds and ends, so it won't produce that punch that the future shipments will.
I would have to guess the buyback will not start until after the second shipment, unless they have enough funds leftover to do a modest buyback (say half a million bucks/millions bucks worth). The PR/IR department said they are adding equipment and are paying down their debts with this first shipment, so I'm not sure how much will be leftover for the buyback on this first shipment. I was hoping the explosion would happen after the first shipment, now it appears we will have to wait for buyback/financials...possibly Q2 financials. Now that there was a large amount of panic selling I believe the CE will be a larger factor now. It may bring a bunch of these sellers back into the stock once that has been removed. There loss is my gain. I hope it stays this low for 1 more week so I can make a mega buy (by my standards),
Thats a huge amount of volume....how much was shorting? I have a fever, and the only cure is more shares of CWRN.
So, like, what I miss today?
Each day that this happens the concentration of shares goes more and more into the hands of the LONGS. Which means once a breakout happens we are going to EXPLODE because everyone will be HOLDING. Pennies are not for the faint of heart. A few of you just learned that the hard way this morning, selling at a penny and watching it jump back 40% from that level...nice work!
Well....off to work. I'll check in on the bloodbath in awhile. The call is in to me investment guy to free up my 15k I have so I can get some more if it stays this low. You sellers are going to REGRET IT BIGTIME!!!!!!!!!!!!!!!!!!!!!!
nice buy in price wow!
So are they going to open up trying to drive it lower? Based on the fallout at the end of the day that would be my guess. Should probably wait to execute my order until a little bit in I would think.
The irony GG is that once this thing does blow up, you'll probably end up buying more shares than me, being the pro-trader that you likely are. What a world.
All opinion not backed up by facts. GG and others see the START HERE compilation at the top of the Message Board for accurate information on CWRN....again....and again....and again!
Boy I've missed you! Smoooooooch!!
Tell you longs what...when this blows up *I'LL* host the party is no one else wants to....you're stuck in Wisconsin though unless we all meet in Vegas!
I agree....my last five hundo gets played tommorow.
Can honestly say I'd never though Id get in at .0186. Thanks for the shares peeps!
There were pics of Ore Pile #2 posted yesterday.
couple weeks=months
Shorters have been a large percentage of the volume over the past couple weeks actually. They are delaying the inevitable on their end IMO. I do feel the MM's have been playing some vicious games with this thing. As long as I get to keep adding before the boom I don't care, but I'm running out of extra $$$ to do it with!
What does the 100 mean? I buy through Etrade...Ill throw some more money at him if itll ratle his cage
Please stay this low so I can wire money in time!
Sure is cool to watch it go. Congrats longs.