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I doubt it. Judging by the amount of fun I'm having watching their efforts reap no rewards, I'd say they're not having much fun at all.
Oh sure, blame me!
Hmmmm... I wonder what it is?
It takes all kinds! lol
Morning EB. You know shorty will likely stay aggressive here until the same kind of money MDMN is getting comes in. Then she'll launch like that dumbass who supposedly rigged the JATO bottle onto his '76 Impala in '95! LOL
Right Rick!
And it's only gonna get better...imo of course!
Kudos from the dark side are always appreciated.
Thanks S
I don't understand it myself arpj, but you're right. I have a friend who has family members that I'm sure could turn a gold mine into a shit pile in record time. I guess some people aren't happy unless they're miserable.
Nice post MFN
A lot of shareholders have a lot of old numbers cemented into their minds. Numbers like 150 million and 15%. I take his statement as a way of attempting to tell shareholders to let go of those expectations because something has changed, possibly quite dramatically, as far as how the deal is going to be structured.
I suspect that there are more than a few shareholders who don't understand the intricacies of these kinds of deals, myself included, and so when people get something stuck in their heads and expect it, and then they get something other than they expected which they don't understand, their initial response tends to be negative. Then they tend to react immediately and irrationally instead of taking the time to understand the information. That's the kind of damage control I suspect was intended. There was nothing in what was written that gave the impression that what we get is going be worse than expected... only different...and I believe he even wrote that it would be better, even if people don't immediately understand why.
I'm not at all worried about the deal. I'm sure JJ hasn't spent so much of his life putting this together to accept something less than he believes and knows it to be worth. What is interesting to me about the shareholders statement has to do with "our role in the whole of this project." I don't pretend to know what that means, but it sure is curious to me and I'm very interested to understand it.
I expect something to be announced by the 15th. This is the first time the company publicly announced a deadline. I don't think they'd do that unless they felt completely confident that they could honor it. If, by chance, there is a delay, I don't care if the price ends up falling back to .03, I doubt that I'd sell a single share. More likely I'll be doing a wire transfer into my account.
I guess we'll know some things by this time next week.
Very nice, and I agree. Love being ahead of the curve on these things.
Have a great weekend.
Think how excited you'll be when we hit 2.86.
Have a great weekend longs and try to get some sleep. If the company update has anything to do with it, "next week" is "history"!
Have a great weekend longs and try to get some sleep. If the company update has anything to do with it, "next week" is "history"!
Fun to watch them add more fuel to the fire that's going to fry them isn't it Block???
Holy crap that is even better than awesome Crusader!
When QSURD goes to the AMEX we should get a really nice run. See REE and AVL charts for examples, imo.
Have a great weekend.
Hiya,
I'm not currently in this, but it's still on my radar. I agree with your post.
I'll likely be back at some point in the future.
Thanks
FANC just left .20
Great post mariner! Get every bit of enjoyment out of this that you can!
Same to you doog. Glad you're making money!
I don't even remember giving you a head's up. But I've got a terrible short term memory. lol
Oh she's just getting warmed up. As I posted somewhere before, if this were a sexual experience we're still just in the flirtation stage. Haven't even started the foreplay yet!
Congratulations roundmot. Nice to see you "get it"!
The way that always made sense for me to look at it is, if MDMN is entitled to 30% and CDCH 20%, then I'd rather own more CDCH with 197 million shares OS as opposed to MDMN with 670 million shares O/S.
Ultimately I own enough of each to not be concerned about it.
I agree. Long way to go for this sector and the good companies like Quest, imo.
Yes it is.
You're welcome.
Nice to see some life showing up here... welcome! I've been wondering when some more attention was going to come this way. I think in time we'll find we have a winner here.
There's no need to argue your point Black5. Your perspective is certainly a reasonable one and not at all out of the realm of possibility. We're all just sharing opinions here, and yours doesn't have the scent of ulterior motive. The only people who could argue with you and make you wrong would be those doing the buying or selling.
Ty rich
Looking forward to that. The sunshine state has been a disappointment temperature-wise. Gonna have to remedy that pretty soon! Let me know how CR is when you get back. I've heard it's become over-populated and expensive over the past few years.
I think we're essentially on the same page, and we're on the same side so that's all that really matters. My faith is in the mountain. The rest I'll leave to more capable individuals.
Have a great time fadein! I don't think you need me to watch your back. Our investments will do that for you, although I'll certainly do my part.
There are +'s and -'s to an announcement on any day, really. Some say Monday or Tuesday is better because it gives us most of the week to trade and it doesn't give the shorts time to work on a battle plan. Some say Friday after hours is best because it gives the maximum amount of time for the news to spread without any trading occurring, creating a mass frenzy of buyers at the open on Monday. The problem there is that it gives shorty time to work out a gameplan with their other mm/broker/fund buddies.
I don't think it really matters that much. I think that, based upon what we are going to discover is in the mountain, there are going to be frenzied buyers on any given day the announcement comes and I think that anyone short is going to deal with their situation however they end up dealing with it regardless of the day the news starts.
I think that no matter how meticulously and detailed anyone wants to look at this situation, it's all going to boil down to supply and demand. As I understand it, and I may be wrong, naked shorters can not create unlimited supply out of thin air. They have a clearing house to answer to. Imagine a scenario where MDMN & CDCH announce their JV, and then over time drill results. If the drill results are anywhere close to what we are expecting based on the info that those who have done their DD have seen so far, it is just going to create more demand for our stocks...and if shorty wants to short into that and keep the price suppressed, it's only going to keep the buyers buying as they come to realize the profit potential of their investments. At some point something's gotta give, and I suspect it ain't gonna be legitimate buyers, especially in this economy with the Fed creating dollars out of digital credit and precious metals continuing their bull run. Time is on our side because, as the companies PR more results, the market is going to have more information with which to determine fair value. I suspect that isn't going to work in shorty's favor.
But don't listen to me, I'm just a lowly chartist!
Agree wholeheartedly Karl. To add to that, I like to tell people that TA is the picture representing the thousands of human beings behind the bids & asks. TA is a pictorial representation of the totality of human sentiment/psychology that has any flesh in the game, (i.e. money & interest in the equity).
Every existing perception of an equity comes together to form a technical chart, so you could even say to those fundamentalists that poo poo TA, that charts are a physical representation of all the fundamental analysis done on the company the chart represents.
Of course this is open to debate as it is my personal perspective, but as someone who pays attention to both TA and fundamentals, someone would be hard pressed to change my perspective on this particular issue. To each their own...
So I guess that means we'll finally be getting those trip .000's you promised Block and I so long ago? Better late than never I suppose!