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risk, and i will be there right beside you.
Agree john henry. The winning stradegy here is to buy all you can afford and hold. The Q2 results will be about 3 to 5 mil. in sales with a 30% margine. This stock will be .05 in a very short time. Then you can make a decision on taking profits or holding for the long run. It will be a life changer for me at .05.
Hi cork, Set me straight here. It was my impression that Dodd/Frank was the problem, not the solution. It has been a long time since Rolling Stone has been on the right side of news.
Thanks WILDRIDE, That explanes real good. Had 16,800 of converted shares and sold for about .65. Plain to buy back at much lower rate and more shares.
fsshon, The WMIH that I buy now has the same value as my shares that were converted as long is under the 5% max allowed. Is that a fact?
Get ready for 1 for 20 R/S. Sold what shares I had and will buy back in if it goes low enough. 99.9% of the time the price goes down after a r/s. Lets see what this one brings.
Sorry for late reply. I am now in Singapore which is on a 12 hour time zone difference. I tried the FTD site and it is working fine. Never learned how to post info from another site on the puter. Just got windows 7 on a new puter and will have to learn how to do that. If you don't mind give me a pm on where things now stand. Thanks. You also have my email.
Thanks Early One.
So true cork and very well said. Read somewhere that one of the retirment funds in Japan had switched 100% TO Gold related investments.
risk, For FTD info go to failstodelivery.com. It is updated every two weeks. It allows you to plug in the symbol and you can get a chart that covers about 2 years of data. Raw data without chart is also there for several years. Saves you a lot of time for a quick look.
Hi risk, just trying to cover all the bases. If they could get a joint venture that would make SNEY larger than my wildest dreams. If I remember correct the Malaysia facility cost about 3000mil. dollars. Maybe we could get some inital ore processed to pay off a few bills. The most expensive REE element is worth about $1200.00 for 1 kg. How about a small divy to take care of the shorts. Think big.
Just did some checking up on the Lynas Ree Project in Malaysia. They were issued a two year temporary operation permit in Feb. 2012. If they perform to specification they will be issued a long term permit at the end of two years. The plant is 98% completed and about 90% of startup. They have a workforce of 256 in place which is about 80% required for full production. Got this info from the 1st Quarter Report of Lynas. Google it for verfication if you like. That is one source not in China that SNEY could have their REE Ore processed in large quanities. There is also a chart in the report that shows current pricing for most REE elements. Avg. is about $92.00 per kg. which is 2.2 lbs.
H3, I agree with thoughts. Lets get this train moving.
Looking forward to tickle a nickel and Q1.
GOLDBUFFALO, Thanks for sharing. Good things are about to happen.
kubisiak, This will be my last response on this subject since you startrd it. I understand that your solution is that we have plenty of money we just have not printed it yet.Inflation will come and it will painful. Much better to set a budget and live within it. Got Gold and Silver.
CDNRichard, Just went through the Annual Report and am very impressed. It has been about a year since last looked at NUSMF. Plan to take a position within the next two weeks. Would like it better if it had more Gold. Like it that no longer on the Pinks. Hope more Gold shows up in the other sites. Looks like this is a good entry price.
kubisiak5, I completely and 100% disagree with your analogy. There is not enough Gold or Silver in supply to produce the coins that people want to buy. The US and Europe central banks are quanitative easing to infinity. Printing fiat currency. They are also buying Gold and Silver. Gold and Silver are in the process of going to 3 times their current price. In 18 months the dollar index will be between .5 and .6 in my opinion. They will have to use every tool they have to not hyper inflate. IT will slow things down if in Nov. we elect some real conservatives to office.
chambers Sure looks like a good steady up side from here. This could very easily be the one that changes every thing.
When Gold pops CALVF should be in a good position to see increased profits and increase in price. They need to put some of their cash buildup to work with other projects. Have finally decided to get a position that will be a life changer if things go right like they have two times before. Believe there is little down side here.
Good article cork. You should give SNEY another look with their Ghana property. If it is going to happen (the pop) it should be within the next two weeks. It has already started with the last Q. The price is still at a good buyiny point if you believe.
Very good article basserdan. With a level playing field what would be the real price of Gold and Silver? I Think at least 3 times for both. Its all done to protect Fiat Currency. Not sure that it will ever get corrected. Still hoping.
RMC, Thank you very much for your timely info. Good on you. Go SNEY.
Finally got it to open with a .0043 buy.
Hi risk, just got powder and will be on the ask when it opens. Just hope it does not gap too much.
CAMY, was also able to buy at .135 today.
Thanks Blue for what you do. Was able to pick up 2mil. at .0004.
Rocket Man' I am considering taking a position here. I notice that the export license is up on 12/31/2012. Will it be a problem to get an extension or a new one? Are you aware of any plans for extension or to open new mines?
ant, Just went back and read post 53186. Good job then and good job now. Thanks for what you do. Thanks also to the Rocket Man. Thinking about getting another mil. on Monday.
Thats good JM, just shows no one was getting inside info.
Lets hope so Bob. Not hard for me to keep the faith, but for some impossible.
risk, Bring that Q3 on. Go SNEY
Thanks risk, still holding all of my shares and will until we get the filings.
risk on, What are you hearing on timelines from the man? Use pm if you can. Thanks.
Alex, The 1st quarter report with about 10 times sales growth will do a lot to get things back on tract. On March 2, there was 360 mil. traded in the trips and on March 3, another 260 mil. traded. Someone ended up with a big pile of shares at very low prices. Will take a while to work through.
Well said jaimer.
Thanks GOLDBUFFALO will be buying some more to add to my over 3 mil. Solid co. here with very good intentions. Considering going all in here. It can only get better with time.
777, On March 2, there were 360 mil. traded. Opened at .0008 and closed at .0008. On March 3 another 260 mil. were traded at higher prices. Thare is someone out there that has a motive for controlling the stock price. Do not know who it is. With so much positive info on KMAG it would not trade as it has with normal market conditions. We have to wait until they run out of shares and then the price will go back up.
downtime777, It is my belief that the shares that are being sold now are the result of the very high volume that we had on KMAG shares in the March timeframe. If you check back you will see one day of about 180 mil. and several days of over 75 mil. They add up to more than 400 mil. at very low prices. I am working from memory here and might be a few off. They will sell all they have and then prices will go back up.
MoMo, Just give it a rest. Your do have a motive for being here.