Often irritated, never duplicated
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Anyone watching our new partner today?
Up nearly 50 points. I'd call that "Epic", and I'd be very surprised if MMTC didn't have something to do with that.
http://finance.yahoo.com/q?s=EPOR.PK
Nice average down...
Had a grab on the run-up that skewed my average. I easily negated that on today's dip. Time for more green pixels on my screen. Don't be surprised if more shakedowns occur. The leverage here is enough to impress Archimedes.
I'm glad the company is targeting overseas markets. At the rate we are going, the anti-government movement in the US will dismantle/de-fund the USDA and the FDA within a decade.
Other juniors can be pretty funny...
Gotta love the website pics with the deep burnished bars of Credit Suisse .999 Au, filtered for bright yellow light, a cut & paste description of their long-term outlook from a Websites-R-Us template, followed by project pics of two Joe-Bobs with a backhoe in the creek behind their house. They can feature allowable shares of 15 billion and a letter-of-intent announcement in their news releases every two weeks for the last ten years, followed by the same entry again and again, "Historic records indicate* a strong probability** of significant*** mineral deposits in this area**** (*see below)"
I'll take LBSR's registered geologist and his Professor Emeritus author anytime in this racket. Twain's maxim applies.
"Have lost over half of my 401(k)"
Only if you sold out at a lower price. Otherwise you have an unrealized loss and potential gain. An IRA for anyone under 40 should have plenty of long-term investments, and PDOS could still easily be a big winner for those buying in recently.
I remember when buying Marvel for 10X the current PDOS price would have been a great LT investment. I am not ready to buy PDOS yet, but I'm also not willing to write them off based on the current scenario.
I will repeat my belief that the merging of IP with large-cap multinationals owning major delivery infrastructure is a winning trend, and it's exactly why Disney grabbed Marvel. Also look at Netflix, who leased the Sony content library for 50K per month and built a massive pile of cash redistributing it through emerging technology networks. That lease ran out last month and NFLX had to re-up for a huge increase in cost, some of which they obviously handed over to their customers as a rate increase.
Their leverage was greatly decreased as a result. Much leverage awaits for Platinum's IP, as it is still available, with significant risk, to those owning at recent prices.
Good Luck!
"Im a long and know what the future holds"
Lots of things can happen along the way, and I have not seen a detailed business plan or an established table of percentages to-be-received, on C&A or any other project, that would constitute a reason to be certain that the future is bright. The company could need a lowball deal to get a project done, or get involved in some skeevy financing that comes back to bite later. I've seen similar things in very promising companies.
And a young CEO that has racked up some serious debt might get his lunch eaten if he seeks to swim with the big fish. I hope not, as I rather like the story of PDOS, but I think there will be money to be made for quite a while before they get the kind of offer that takes this company off the penny stock lists.
For any person to say they know what the future holds in any capacity is a bit absurd. With guidance, several smart moves consecutively, some luck and cooperation from the public, Rosenberg may tightrope his company into the big leagues, but this is Hollywood and they love to see you fall hard if you have a misstep.
Still Watching...
I need more established metric for how this company makes money long-term.
I confess I have yet to dig into income statements, etc, although I glanced at the capital/debt ratio. I need to get a feel for how much revenue they get from actual comics, etc. It would also be helpful to see some examples of the revenues generated previously by the acquired IP that the company plans to market, and of course some actual percentage figures for their slice of the C&A licensing for distribution, home video, merchandising, etc.
I hope the longs here do well. A large library of IP, coupled with some management that can make a splash and hook up with a Viacom or Disney, could be a great business model. Comcast saw the profit in owning NBC's decades of syndicated stock. The acquisition of IP via consolidation with media multinationals is a trend that could serve this company well, but I suspect it will require a longer track record of successfully marketing their content.
And I probably will see the movie eventually. Some of the actors involved are shrewd people with a reputation for choosing projects with real potential. If the movie makes money in the overall marketing and this favorably affects the PPS or the company's ability to fund their projects via partnerships or VC, great. That would give me some idea of their ability to monetize their efforts.
Will the last bagholder turn out the lights?
Remember the name 'J. Michael Heil', and never put another dime in anything he does. This was a promising company until the CEO failed to inform shareholders of pending litigation, then skipped the court date and floated a huge stock sale to a ghost for $1000.
I hope he ends up working at Wal Mart.
Correct...
And they have an equity option to make them a lot of money if they cinch the right deal. Meanwhile, gold shines like the ultimate hedge against chicanery and outright foolishness in DC.
"There is great disorder under heaven, and the situation is excellent!"
Agreed- the site is pathetic...
MMTC better not be giving 230K to the illiterate fools that set up that site. I know kids in my IT-105 class that could make a better site than that one in an hour.
I'm having trouble with my google search
Could you post a link please?
Marvel had 50 years of selling stories & characters...
They emerged as a movie and IP powerhouse at a time when CGI and digital video editing made it possible to tell their stories vividly on the big screen. Obviously they have a huge fan base built upon decades of developing characters and stories, plus they actually knew how to make money in publishing when the print industry was dying. Platinum's IP, at least the portion in current development, is newer, has had less time to generate long-term fans, and is known to a less affluent demographic, i.e. younger. I can easily see them being bought up, but they'll need to make a lot more movies before the buyout will look anything like Disney's acquisition of Marvel. I seem to recall that Marvel got to $30+ on their own before Disney drove them into the $50's with the offer.
I'd be interested to see an authoritative overview of the international IP PDOS has acquired. It could be a very shrewd move to license iconic characters and stories from emerging market nations. The rise of a middle class in BRIC nations will drastically change the marketability of those cultures' entertainment assets. Just look what happened to all the mediocre sitcom and cartoon content owned by US networks when Hollywood decided we need movie versions. Never underestimate the sappy nostalgia of an aging generation trying to recapture a lost era...
I have been watching here for a while, but I'm pretty sure that there will be future leverage here for a while. Good luck to the longs who believe. This weekend might amount to a nice spike in the PPS.
Dig around a bit...
...and you might just find a vicious rumor about SRK doing a bit more than the officially released version of the info. I found it, and it came from a source I consider quite credible.
And MLV has a minimum of 4 months that they receive their fee for services. It's right there in the agreement.
Nice. Similar move for MMTC today.
Likely more to come in each case.
"...balance sheet fails to reflect the value"
Astute observation by Mr. Tucker, sure to meet with agreement by the shareholders here.
Can we sticky today's news story?
Might be good for the newbies.
32 million shares...
...and counting.
Nice Volume...
Might be in for a serious ride.
The price may be in the proving...
Corporate healthcare conglomerates are deep pockets. It wouldn't surprise me in the least to see a buyout offer by a suitor the size of a J&J or Abbott trying snatch up the company once they certify to detect E. Coli.
There is crazy leverage here against the status quo, and a wholesale-acquisition arrangement might make sense given that laser backscatter cell counters and ID software are in use for other purposes. It's not a huge stretch to imagine some of the IP being contested at some point. Having a large-cap legal department on board could also come in handy for protecting the IP against infringement abroad. In return, a large-scale corporate entity could implement the IP quickly and tap into a solid revenue stream with minimal competition, effectively locking in new market cap.
Reading about Brennan's previous endeavors, his inside ownership, and how he and Frank have certainly put their money on the line to continue this company, all point to the continued development of the MIT-1000. I would compare the MIT-1000 vs. conventional testing leverage to the relationship between Microsoft and Royal typewriters in the early 80's. If the business interests package and promote the technology effectively, it should represent a de facto leap forward in a vital sector.
Just thinking in pixels. I'm sure a few here will want to yammer away about no sales, no revenues, no hope-in-hell. Tell it to AOAC or NAMSA. This is high risk, but I'll be tempted to bite at my target price. We're close.
You might want to link the article mentioned.
I did a brief search on Mr. Guarino, and the first page shows a link where he predicts a gold crash back in June of 2009. Maybe he just needs more time, but gold has shot through the ceiling since then.
I personally don't think we'll see a real crash at this point. Things can only fall so far before greedy fingers buy profitable working assets at discount. There is a finite amount of trimming and streamlining businesses can do to support their bottom line after a slump, and then they require working markets, with employment and discretionary income for working families. Banks, retailers, manufacturers and service industries all lose money when the middle class hunkers down and clings to pennies, and so they have an interest in extending credit, expanding, hiring. It starts small, but plenty of reliable early indicators, like scrap and PM's, have been ticking along for some consecutive quarters.
Now QE-3 has been floated on this side of the pond, and just the affirmation that the fed will continue to buy notes if necessary calms the herd, absurd as that may seem to big picture viewers. Bad for the long-term dollar, but supportive of a continued rise in gold and other PM's. I can't imagine that's bad for LBSR shares, although the idea has been floated that our shares will rise to double digits of dollars that are rapidly declining, essentially negating some of our gains. I'm not willing to bet that far against the dollar. Bernanke and Subsidiaries aren't buying those notes because they expect the dollar to be worth less in the future. Any current decline will likely recovered as the cycle opens toward growth and productivity.
How long that takes is the million dollar question...
Yes, but it's from months ago.
Note the references to gold having resistance in the 1570 range.
Still, I agree with another poster here who said that it's nice to know MLV hooks up with CNBC. I won't be terribly surprised if our little junior explorer gets some big time coverage one of these days. MLV has every reason to make it happen.
Just in case anyone at LBSR reads here...
Many of those who post here invested plenty of cash in LBSR. Please get some drills in the ground at your earliest convenience. There is a metals supercycle in process and this would be an ideal time to monetize claims. Our gain is your gain. Make it happen!
For those speculating on runaway gold...
The fundamentals are fairly simple. Gold rises against the dollar, and rises with economic uncertainty. Just the mention of QE-3 and the dollar dilution it implies pushed gold near 1.6K this week. Lots of euro debt supports gold against stumbling currencies. There is no simple or quick solution to any of this.
Also consider that Dow and S&P numbers are still inflated by a weak dollar and the tailwind of QE 1 & 2. The recovery of lost ground back to Dow 13K was a given with corporate restructuring in 2009-2010, but plenty of folks who rode that wave have since taken their chips off the table to ride out the larger market post-stimulus, myself among them. Much of the "recovery" was a facade painted bright green with federal ink. Now it's sink or swim. Dow 10K will not surprise me given the conditions and outlook.
None of this is going away soon, and in fact, there is a p*ssing match in Washington throwing fuel on the fire of economic uncertainty. Gold can easily see 1.8-2K if we stagnate or recede over the 3rd and 4th quarter. I personally fear gold much over 3K, as it implies an extended period of stagnation, or the warm-and-cozy specter of a hyperinflation cycle, neither of which is good.
But either supports a continued rise in gold prices and the correlated rise in LBSR valuations. The timing is great if we can get the claims proven. It's high time to attach some serious numbers to all this science and speculation.
MMTC IR apparently doesn't exist.
I am a fan of the technology here, and I like the CEO's track record, but I have now emailed and called on two occasions and cannot get anyone at MMTC to return those calls or an email.
The email asked specific questions about whether the company has received feedback from the labs who bought MIT-1000 units at the USDA and in Japan., about whether the company has had any queries concerning similarity of devices being manufactured by Icyt, etc.
I am quite hesitant to invest in a company that can't bother to respond to prospective shareholders. Again, I like the machine, the concept, the people behind it, but their IR seems rather lax about responding to legit questions.
Anyone tried to contact them and had a different experience?
I like the analyst report as well
http://www.platinumstudios.com/docs/platinumstudios_equititrend_report.pdf
A little research...
I like the website, and it seems a bit too nice and well-functioning to be a prop for a scam. Here are a few choice nuggets for those who can't see how this company will generate revenue.
"Platinum Studios was founded in 1997 by Scott Mitchell Rosenberg following a successful career in the comic book industry as creator and head of Malibu Comics. At Malibu Comics, Mr. Rosenberg produced popular and innovative comics lines, including the Men in Black comic book, which he later brought to Columbia/Sony Pictures to become a billion-dollar entertainment franchise."
"Platinum Studios is in a unique position as a content producer and distributor. Unlike many of the traditional print comic publishers, our huge library of comic characters is largely unfettered by prior licensing agreements. Through direct ownership or contract, we fully control the film and television rights to all of our characters, and are free to produce films or license those rights in whatever way is needed to make the deal. "
"Platinum Studios, an entertainment company that controls an international library of comic book characters from all over the world, which it adapts, produces and licenses for all forms of media including print, film, online, mobile / wireless, gaming, and merchandising. Platinum Studios' library contains more than 5,600 characters spanning a full range of genres and styles"
http://www.platinumstudios.com/site/corporate.php
For Investor Inquiries
Randy Greenberg
Phone: (310) 807-8100
Email: investors@platinumstudios.com
"my guess is they got a permant guy now."
If so, we should get an announcement to that effect.
Greetings
Lurker here, liking the way this company moves their IP down the pipes. Just became aware in last 24, might wet my feet eventually.
I just noticed the 8K regarding departure of CFO, Larry White. Funny time to jump ship, as the stock seems to bounce off a bottom on real events. Market doesn't seem to like it either, as the daily dip finds double-digits. I wonder if the addition of board member Kline might have anything to do with it, being that he specialized in criminal law. Hopefully there isn't some financial impropriety waiting to be divulged. It's hard enough to get real numbers on these micro-caps.
Still holding most of yesterday's heavy gains though. This could be a play similar to Marvel, which I missed. PDOS doesn't have the same depth of field, given that Marvel had almost 50 years of promotion and IP development before movie and game licensing turned them into a cash cow, but PDOS does seem quite adept at marketing the content they do have.
And the entertainment industry triples in size every decade or two. I have to wait a while and see if events unfold around the CFO resignation. I know, might miss the boat, last chance, etc. If the content takes off like you'd hope, there will still be leverage left at 10Xtoday's price.
"Whats going on with MLV anyway?"
A clearly defined agreement for exclusive and non-exclusive services, with a firm that features a client list like the who's-who of mining M&A, all neatly wrapped up for a monthly cash fee with options. That's what. You're welcome to read the important provisions via recent news, and it might be a good idea if you really want answers.
And let's be literal. Unless you know some inside info or have a source you're not mentioning, your assertion about the confidentiality of the report being a BS claim is baseless. There are many reasons to release that info to the proper parties at the proper time, and to do otherwise could easily cause problems with prospective partners or pending deals.
The statement from the company was that the report would be completed in 30 days, not that they would then release news of the results publicly.
Think about traveling the world after decades of securing claims, believing that all the data points to serious mineral assets. Isn't it possible-bordering-on-probable that at the many mining conferences and conventions, some preliminary talks between LBSR and potential suitors might be initiated on the contingency of an industry-standard geophysical report being performed on the specific claims by an independent contractor? Don't forget the litany of stories recently showing a huge trend toward rising copper and acquisition of juniors. The best info says that multinationals don't know where the next big copper find is coming from, but record demand is evident for the foreseeable future. Shuttered operations are coming back online as they are suddenly feasible with copper 5-fold from a few years back. Keep in mind that all of this is on current depressed demand. A couple consecutive quarters of growth will drive it up another 20% fast.
These are giant trends, and clear evidence of a sector on fire. Read the MLV agreement provisions and see if the objectives aren't clearly aligned with a mining junior seeking to monetize claims. It will take time, but the evidence suggests good things are in the works. I'm watching another penny stock that just hooked up with GE Finance, did great things for the PPS. Upon further DD, they are a decent company with solid fundamentals, and that's why the big name finance hooked up with them. They have the goods.
Now ask yourself why NAK, HDI, Vollmer, and now MLV hooked up? There is risk hitching the wagon to a junior with no revenues. I'm betting that folks much smarter and more experienced than myself see a serious payday for their efforts.
"When is the financing due"
To what financing are you referring?
Thanks for sharing that, KY.
I have skimmed some of that material previously (probably here), and generally I agree that ZTEM seems to be the new standard and a sea change in determination of resources, at least in the polar latitudes. At the risk of repetition, it was a stroke of genius to provide a proven resource-by-proxy with the Pebble signature readings. It will be another if Briscoe wheedled Geotech into providing similar data for portions or all of North Pipes, AZ, as your info suggests is possible. If it's not too much trouble, do you happen to recall where you read about the connections between Geotech and Briscoe? I'd like to search that info and read more.
I wonder how long it will be before most claims essentially add a new pre-valuation phase by virtue of ZTEM data. You have to think that if a few giants like Pebble and Big Chunk turn out just as they were predicted by the emerging technology, they will be flying those magnets over every known and inferred deposit on Earth. Ironically, the early adopters of the technology may make out like bandits right before a metals boom slowly drives the price back down over decades as large deposits become easier to locate.
Given globalization trends, it will be more commercially viable to mine in other countries with cheaper labor costs, but those events are years down the road, after NAK and LBSR (U5?) finish proving that ZTEM is the real deal. Right now there is little competition for the title of Largest Gold & Copper Deposit Ever. 10-20 years from now, I fully expect that the technology will be locating other huge deposits, especially with so many thousands of miles thawing each year, making stratified exposures accessible for survey.
For now, we have the metals bull market of the century and every reason to see the LBSR claims as a comparatively safe way to leverage some giant trends.
Studious is good...
I have been studying what I can find on LBSR almost daily since buying in last summer. My humble opinion is that it would take a boneheaded move (or several) to keep this company from eventual PPS valuation in multiple dollars. Beyond that, I think if half the claims are commercially viable, those dollars are in the double digits.
The copper is peace of mind for me. Let the economy stumble and fall, we all know the gold runs even further as prime hedge material. Let things swing in the opposite direction and copper flies high for years, along with the moly and REE's.
Now consider that both could happen, in either order, and we are still likely looking at major buyout offers in the next 2-5 years. This is why I bought more at .06 recently and will continue to scrape together funds to acquire my new revised target.
See you in the winner's circle!
"...might suggest that more definitive results would be disclosed..."
That suggestion exists in the minds of many here, but that's not what the words say. If I say my exams will be completed in a month, that's not the same thing as committing to show you my grades. Hope as you wish, but pay attention to what the words are actually stating.
Briscoe is the kind of guy who picks and maintains claims for decades, and he appears to choose his words with similar care. If I want to muse about what the situation might "suggest", I think the SRK results could be mentioned in a news release concerning the company that is waiting to see them first and possibly go into business with LBSR. We might even hear about it from the other company first.
To release a highly technical report that few average investors would understand as a NR would be silly, especially if putting it in the hands of a potential partner first might be a contingency for a proposed deal. The thirty days was a timeline for having the report finished, not for it's general release. I'll wait 300 days (and more) if the report is attracting deep pockets and lucrative partnerships.
I waited until today to grab more...
My logic was that Fridays are often good for a dip. Saw the news last night and adjusted my limit, but then canceled the order based on the early action. Just got my order for about 10 points lower than my initial instinct said I should bid. Nice. Today's lunch order will be buying lobster and steak later on down the road...
I am still intrigued by the technology...
There is tremendous leverage over existing pathogen testing methods IMO, but my own limited research has lead to other companies that make somewhat similar devices for other purposes. One of these companies in particular is recently acquired by a true giant of multinational concerns, household name and deep pockets to go along with it. I fear, on admittedly pure speculation, that a legal challenge against a far better funded litigant might occur. I have seen my share of lawsuits sink promising micro-caps. I also fear international challenges to patent enforcement could become an issue.
I tried calling MMTC last month. The person who answered sounded confused when I asked for investor relations and said they would have to get back to me. They never did. I have emailed the company with these concerns and a few other questions earlier in the week, with no response thus far. It is a short holiday week, so I don't read too much into that, but frankly they could do better for IR. I will report here if they respond to my email.
Given the inside ownership, the previous work of Mr. Brennan, and the results of the independent testing, one would think this would be a good technology in which to invest, but the company that holds the patent isn't looking terribly 'investment-grade' at the moment.
Nobody was told "the report will be out in 30 days"...
The 8K stated "Company CEO/Principal Geologist Briscoe will work with his team and the Tucson-based SRK staff to formulate a final draft. The completion of the final draft is expected within the next 30 days." Nothing stating that every shareholder would get to see a power-point, or that a NR would accompany the final draft.
I'm just glad that SRK is on board and taking all these decades of data for the purpose of placing a value on the claims. The eventual monetizing of the claims requires these steps and shareholders should be glad that we have SRK validating Briscoe's work and MLV signed on to provide a working valuation. Unless the caldera theory is wrong (and it's not, IMO), this report should eventually help the PPS. Of course it will happen sooner if the report and its conclusions are presented to potential investors and partners instead of John Q.
Thanks you Alaskans!
Nothing like open eyes and ears out in the field. I appreciate your feedback. I started buying more when we were still under a nickel and the Alaskan legislature stuffed the independent study and reappropriated the funds into permitting and process. It reads like a de facto agreement to move forward in some capacity has been reached behind closed doors. The info concerning roads and power, plus some land grabs at the port city, it all looks pieces falling into place.
The writing is on the wall, and many here have noted that the plan that disturbs the least number of waterways would have to include the LBSR claims, likely as the primary target if the ZTEM is correct. Since the environmental opposition is the biggest obstacle and the final plan has not been submitted, we can probably assume that at least the first phase of mining will have to be as green as possible.
Fine by me. I recall looking over the aerial photos of the claims about a year ago in my initial DD and thinking that ours appeared as higher elevations from the Pebble location. Logic dictated that we would have less streams, being upland from much of the caldera, especially if the background basalt was glaciated and crushed.
All of this bodes well for our little micro-cap gem, just waiting for the sort of definitive news that starts a bidding war. Ante up, it's almost time to play for real.
Hold the train! Dry powder en route!
(It was worth a try. I've become a bit spoiled being able to average down.)
There does seem to be a perfect storm brewing for LBSR
Gold in general has nowhere to go but up until currencies stabilize and manufacturing and employment pick up. I've been studying the gold rise of the late 70's and some of the companies that had the goods when PM's went nuts. There are some truly inspiring stories nestled in that piece of history.
I see no reason why gold will not continue the current climb, with pullbacks of course. The markets appear to have digested the end of QE2 pretty well, and a decent rally may stall gold a bit, but the real forces driving it's valuations have a way to go before zenith. Good luck getting any current rally to stretch past September.
How nice it is to see the MLV and HDI teams recognizing our potential and nudging the rocket to the launch pad just as the big trends point toward an ideal economic climate in which to monetize big claims. I smell gold...
Late Night Musings...
In my varied reading, I came across a few success stories of mining stocks in the 70's, as we faced currency crises and runaway inflation causing record gold prices. The market valuations for big claims held by small PM companies went through the roof.
Of course we are currently facing similar degrees of currency instability, for somewhat different reasons. Still, I see plenty of reasons to think that a micro-cap junior with standout claims has never had a better economic climate to drive PM valuations. There are major trends driving our sector and they are in no danger of seeing a reversal anytime soon.
I'm in Illinois...
There is still plenty of standing water in fields around here, and beans in particular look late, not very tall for this late in the year. Still, we may get a solid warm stretch in July-August and all this extra moisture could push us to a great harvest.
I drove through the eastern counties a few days ago. Lots of wet patches with stunted corn in the fields. It's very flat here and the fields were draining slowly except for those adjoining river routes.