Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
for a li'info read #14831㧰 Have a great day.
Sorry to be so winded but just had a little button pushed.
Sortagreen & eibbanker you made my morning coffee. Thanx guy's.
Find Diamonds Make Money
GO, GO, GO,
NSDM TEAM
Diamond_Princess behind you all the way
eibbanker,back off of deann a lil' she is running this board very well.If you do not like how she handles are childish issues go post on RB.That is the childrens play ground.I happen to like this board very much.I'am not a pumper nor do I have reason to be a pumper.I do however have alot of resourceful knowledge and am not afraid to express it or address it.I'am also very even tempered. I do not push my opinions, I'am only giving some true insight. That may be valuable to some. Now with the knowledge that I have in this industry, If I were to come on this board and say buy big ,buy big now, we have diamonds buy befor the PR I would unfairly be pumping to investors and pumping NSDM into the ground. For say PR came out and Walter mentioned nothing of the sort ,of my pumping statements. And yes, I have seen that kind of action take place and it is not fair to investors or Walter or NSDM.It is that kind of ignorance that is hurting our company and making potential shareholders skeptical,after all who wouldn't be if you believed what some were saying then you get the real facts. I would be mad as well. So my advice is to research and research the facts well befor you invest in anything.
sortagreen, I do fully understand buisness. Also you do not have to apologize for going to bed or being old.These things are to a fact of life! I'am not opposed to calling for transparency in publicly trade companies. DD I personally could write a how to and what not to tutorial.
If say I had stock in a commodity with product then I would be very disgruntled for the lack of information.
However this is mining and we do not have enough quantity or quality at this point to be concerned.It's like a high stakes poker game. The chips are up, the chips are down.Fortunately NSDM is in the middle. To much in the works to be down and to new to be up. You strike me as the kind of guy who likes to go fishing in the up stream instead of the down. Now how many fish do you catch that way!? Honey, this is a gamble. But it is high stakes and the winner takes it all. I do not foresee losing.As I stated befor thier must be some very strong indication of a diamond find or we would not be doing a useless dig,unlike minig in the past. We have modern technology satelite imagery maps.That clues you in and almost pin points where to begin to dig.If the satelite imagery showed no potential we would not dig. It is a timely and costly process.Example I operate a backhoe as well I only do a surface to 8' dig in dirt mind you.and to dig an 8'depth by say 20' space would take me a day.Digging for diamonds surface digs through layers of earth and rock for test is a 60-70 meter dig WOW, how long do you think that can take!!?Note that is not counting if you have minor equipment break downs along the way even somthing as simple as a radiator hose leak wich just happened to me yesterday,. held me up 2 hours.Now after I load and haul my job is done. Mining we first surface dig the we have to take the time out to wait for sample testing another 2-6 week process,befor we know where to continue.Then the map imaging experts continue to map to know where and at what point we should begin are straight dig down.Best scenario we strike great.More and longer testing to detrmine how much we have what types,what the quality and quantity of types are. Detrmine what volume of each type we have then more assesment as to value.Then we set up to mine. Then after all of that process we begin to go on the market and make are money. I summed it up and made it sound simple and fast but it does take a good6-9 months and longer.That is just a start.
Sortagreen.These are the facts of a burn out!
I understand the need of books.
But how do you post blank pages?
I'am not attacking your conservative views. However, what is a conservative,doing investing in a mining stock? Could it be you would also like a piece of the pie!Even apon really great news we will not break the range, by much or for long. We will break the range and reap the benefits when we have a full producing diamond mine. Again time and patience.Their are several mining companies that hit in 2001 and full details and financials weren't posted till last year 2003. Now it is 2004 and thier shareholders are just starting to see thier personal gains and profit.I personally don't have anything against you. Just you did not need to be so quick to pass judgement on my knowledge., Wich you are now in turn questioning.Walter is currently under taking a very positive step in aiding our finacials for going forward with the NSDM logo and purchasing diamonds for resale. The proceeds from those sales will boost our money into mining expeditions.He is keeping our overhead cost down , by keeping a short staff at this time.As we expand and the need comes to hire more , I'am sure he will. But why count your chickens, befor they hatch!Yes, it has been a couple of months since the news of finding diamonds in the Ukraine.Who cares we didn't get word that we hit the jackpot.You know there is a 100% tarrif on the trade for the Ukraine.How many we're of substancial value? Even if all the diamonds found we're of top quality. It was still not enough to jump our finacials or increase share value.
Be patient my friend or follow your gut and get out.
Have a Great Day
Diamond_Princess
Good Morning Miners!
Wishing everyone a great day!
Find Diamonds Make Money
Diamond_Princess
Just one more thing sortagreen
Bankruptcy is an end result to when you have used up all of your financials!Gee, that was a hard one.You just never know who might be behind the typing keys of this board.Futuristicaly
don't be so quick to tell someone to be quiet when financial people are talking, Because I just may be one of them.
Take that to the bank and rest on it for the night.
NSDM Proud & Long
Diamond_Princess
Where are you now sortagreen!!? You are alot like eibbanker.
He tried to underestimate my knowledge as well. Would you like to speak financials with me!!? I'am not trying to pose like I know more than you. But I did do my DD very well and will continue to do so.Unlike you I knew what I was gambling on before hand.
sortagreen Walter has more at stake to lose here peronally than any of us shareholders.Any time you invest in a mining (adventure, I like to call it),you are taking a big gamble into the unknown.With alot of high probability or they wouldn,t be digging with out indication to begin with.Entirely to costly to go in blinded. We have 600+ million shares outstanding we could stay here and trade this penny stock for years on that basis alone.Walter is very organized and smart in keeping his overhead cost down,and creating ways to obtain a positive cash flow, such as the beginning of the NSDM logo, it is a start.He knows how much he wants to spend on procedures for this year. And I believe his personal strategy and knowledge from years of being in the industry as well as his own personal cash will lead us in a passionate but slow, victorious end.
Find Diamonds make Money
Diamond_Princess
sortagreen had to put the kids to bed.My reply:
Burn rate is away for a new company to spend it's venture capital before generating positive cah flow from operations. In other words it's a measure of negative cash flow.
When you hire employees, sales, developments, human resources and finance. They are essential to a company's success, but they can be the cause of your demise.
You'll need a great staff to make the best of decisions. But incompetence, expensive contractors and over hiring will send a companys cost soaring.
If you are not recieving any revenue. The only way to get more money is to use your finance team tom raise funding when your cash runs short. The extra dollars can help you hang on. to make a few extra turns, wich could mean the difference of making or breaking.
A burn rate can also force a company to hire more engineers and contractors wich can make your cost immediately spiral out of control.
chisoxpat great reply to eibbanker. I agree 100%
eibbanker just read your post HA!HA!
I did not evade any question. I sent my reply to fast. Look under your last post to me. I even said excuse me for leaving that out. Shame on you where are your manners!?
Thanx Trisha,have a good night
eibbanker excuse me I left this out.Hopes of a great PR are for all those that need one right now. To answer thier questions. I am in for the long and really feel it is just to soon personally for myself to have any real concern.
eibbanker.No that is not a contradiction or BS.Thankyou very much.
1: I came in with my own set amount knowing I would not sell my shares til the very end.
2: I happen to have a vast knowledge of the mining industry after being raised up in a mining family.
3:I fully understand the time,process and operational procedures it takes to explore,mine and profit. So, if you say BS.I say you are ignorant ( a person who lacks knowledge)
We are in an exploration operation (called mining).
So why come in scared, unless of course you planned on selling short.I have minimal expectations at this point. Financials are of no concern right now.I bought in expecting to wait at lease 2-3 years for operations to fully become under way.So from now until then I will sit on my shares and wait.Then when my ship sails in I will be one of first to climb aboard and set for a nice long relaxing voyage.Of course I will be waving back smiling as I leave my trail of sand up in the air to all of you bashers wishing that you never would have jumped ship. On that note to all a good night.I will be dreaming happy thoughts of diamonds.And hope for a good week and nice PR to all.
I apologize for my previous ,seemingly pumps.How ever I do know some things,but it is not my time or place to post on this or any board.I'am however in for the long and I will proudly give a little cheer for my NSDM team along the way to succession.Deann and Prince I think you are doing a great job trying to keep this board straight.Much appreciated!
I agree the majority of messengers need to stop.To many of them are talking to Walter, but they are usually either twisting or over exagerating everything that Walter says.Wich I know Walter, and alot of what is getting out is pure speculation.Walter is not saying anything but the minimal that he can.And to many are running with the wind, (thier own wind that is).
Thankyou for your response. my point is Yes! NSDM is a public company.Perhaps we are still under on financials therefor by manipulating the stock to keep it under the threshold of SEC reporting. Is to our advantage at this point.Perhaps it is just to soon to have a solid financial analyst to report SEC.In other words NSDM may not have enough financials for a positive SEC filing. Your input,please.
eibbanker your post #14642 in reply to Deann, is correct on the fact that Financial filings will not take Walters time.Please if you don not read the first paragraph of post #14576, read the 2nd paragraph. I believe you are intelligent and I would like your reply.
Corporate Attourney's say cost in the high hundreds of thousands up to $2million dollars.Please read post #14576.
Then perhaps you will see That NSDM is not holding back anything and are in compliance like every other company in the makings.
Good morning miners,bashers and debater's!!
Feb. 12th was never written in stone. Just a close proximity guess.Please, read my post #14576. Then question me. I will answer in layman terms!
Diamond_Princess
SEC RULES!!
Securities law requires private companies that exceed a certain level of stock disribution to file quarterly financial data with Federal Regulators. If the law is applied to a company, Then the companies executives would have to disclose the company's closely guarded financial information, and it could ultimately play into the decision on whether or when to take the company public.
A private company must report it's finances once it has more than 500 common shareholders-- or stock-option holders--and $10 million in assets,according to section xll(g) of the Securities and Exchange Act of 1934. That means a private company must file quarterly forms with the Securities and Exchange Commission (SEC) that disclose operating expenses, profits, partnerships, shareholders and many other details-- a laborious process that can cost as much as $2million annually.
SEC standards require that qualifying private companies report with in 4 months of the end of their calender year.
It is a pain in the neck to have the buedens of being a public company without the benefits of a publicly traded stock.
This rule was designed to protect shareholders by requiring disclosure of corporate financial informationand risks once a company reaches the size and ownership makeup of a public company, Corporate attourneys say. But filing reports to the SEC can prove onerous, and many private buisnesses carefully watch their stock allotments or repurchase shares to stay under the threshold as a result.
If a company falls with in reporting standard, it would have to first file a form 10, wich is a long description of the buisness and it's officers, similar to an IPO prospectous in terms of the amount of detail required. Following that, it would be required to file forms 10k and 10q quarterly. These forms include a description of the company's business, financials and risks. It also has to file proxy statements and hold share holder meetings.
The reporting standard also involves a significant added expense. Corporate Attourney's say it can cost in the high hundreds of thousands of dollars up to $2million.Many companies will go public before they have to deal with this reporting standard.Private companies will also want the attention from investors that they get by doing a pre-IPO road show, versus disclosing that information to the SEC beforhand.
So,Please! Chill out on our financials.We are up and coming and by law Walter is not behind and he is being safe and smart with our holdings. Ihope this will begin to shed some light.To those who are interested.
Have a great day!
Find Diamonds Make Money
Diamond_ Princess,
Good Morning Miners!!
May we all see a good day.
Thankyou, to all for the stock tips.I will not be selling any of my NSDM.They will be sitting in the waits, for a long term investment.Though Walter is under staffed and much grief on the board lately.I still believe through much DD,we will all be very happy.I like the idea of keeping over head cost down at this point.No, reason for extra expenditure while we are building up.The PR'S aren't as lacking as the hype states.Just alot of people unwilling to take the time to research for themselves.The bashers keep are flames burning bright.The people with lack of knowledge,keep the board going.Think of how boring IHub would become without all of the pump and drama.I wish however only to state the facts I know for sure are accurate.Thier are some great people on this board and I respect many of you.But I'am intrigued to help those with little knowledge to stay informed.
NSDM PROUD, STRONG & LONG
Diamond_Princess
anyone have any other hot stock tips!? Thankyou
For those who still don't get it Black Sea Minerals is one thing of it's own. Has nothing to do with NSDM or our finds! Aurora Pacific is the parent operating company over both the NSDM & BSM Corp's.When we find our diamonds and or precious minerals NSDM share holders will reap the profits not BSM or Aurora Pacific.Please quit trying to make a non existant claim,a problem for future share holders.You can reasearch the facts.Every stock has it's bashers and pumpers.If the bashers would spend more time on reasearch they would find theirs not much of anything to bash upon, other than the natural fact mining is a slow timely process. I have a strong holding faith in Walter, Dan ,NSDM and all others involved.The facts are we are steadily making progress in the right and proper procedure to direction.The direction we are heading is the direction we want to be in.Walter has more blood, sweat tears and money in this than any of us.He also has all of the experience and knowledge most do not.We are not going to make any money over night.What do you think we dig 60- 70 metrs down and we hit. No, that is only a surface dig to let us know where we should begin.We are very fortunate to have hit a Lamprophyre.Thier is no way at this point to know if it is diamonddiferous.To soon! it is all a process.Even when we do find our diamonds,it will take months in process to mine them out, have them tested for quality, quanity and volume then to acess value.NSDM has no financials ,to report at this point .We have nothing, because we've only just begun.Fraudulent I think not!NSDM has been watched closely its been reported on 3 occasions as CNN'S hot stock to watch list.Why don't you look into the 200 other plus mining corps. that have no credntials at all and alot less money and goals as NSDM has.I know alot about the processes and operations of independent mining and Walter is right on track.So, in closing to all of you shorts get out and find another stock to reap off of and the next time you want to buy into NSDM I hope it is not to late!I'm in for the long and holding strong.
Another "FISH OUT OF THE WATER"!
And YOU STINK!!
I do not work in the PR Dept.I do not dump my shares either.I'm in for the long.Any one who invested in a mining venture believing to go short did not do thier research.We can't know if we have diamonds yet we have only just begun the test dig.We must go deeper.It's a dilligent process wich takes time.Thier are lots of steps to be taken. Also Walter has not lied about anything.We are knocking down steps as we go.We cannot file SEC with no financials.NSDM Will be making that move when we have financials soon.Walter is very respected in his field.He knows what he is doing and if you have no patience,Then get out.But I assure you one day you will be kicking yourself.
Aurora Pacific is the operating company that handles all of the operations for NSDM & BSM.Not marketing.I typed my post to fast out of frustration due to all of the absurd speculation on the board concerning the issue.I knew this information befor I ever invested myself.
www.blackseaminerals.com
This board is so full of negativity. For know reason other than some uneducated guesses and misconceptions.Black sea minerals is a total different operation .Rest assured your shares in NSDM will pay out when it is time.The value will not go to BSM or Aurora Pacific.Aurora Pacific is a marketing and consulting
firm covering advertisement and marketing issues for NSDM & BSM.You really need to check out for your self the difference as I have provided the web address.Walter has just returned from meetings in the Ukraine.Ukraine is not forgotten or on the back burner.I will post more after I get the web address out to all who are concerned.
CBC has no news release due to the over abundance of mining industry results.In addition NSDM Is in all of the mining headlines.Thier is also more news stations than the CBC.Exanmple do we hear everything going on in our corporate world on our nightly news?! The answer is no because their is just not enough time slots, for all of that news. So you need to look into news of interest.Walter is not holding anything back from any one. However he must cooperate with Manitoba Geological Survey and Governmental issues.You are just not understanding the newness of all of this.Mining can at times be a cut throat industry,and quietness is the key.As I've stated before if your looking for the short, get out.Because thier is alot of processing that goes on in the minig industry,But when it hits its final stages of completion the pay outs are to the sky!NSDM is hot but it does not happen over night.It takes strategic testing and planning,wich we are in now.Hold on be patient.We hit Lamprophyre CONGADULATIONS to all of you longs.It was also our first Canadian dig and we hit the best needle in the hay stack that you could possibly find.We need the day to mine, to get quality, volume and price.We are entering our 1st stage to that step and process. Walter is very intelligent and has made all of the right moves and we are now heading forward.Bashers will be bashers, due to lack of knowledge, impatience and nothing better to do with thier time.Look at all who thought Black Diamond mining was better than NSDM.BMD was a fraudulent scam it's people lost and thier is no longer such an outfit.Walter is real with a long list of credentials,behind him he is on the up and up NSDM is legitimate.When this baby breaks it will explode.Example in the 80's when our farm struck oil we did not tell our neighbors/friends as well as when they struck they did not elaborate any details.We hushed looked for other farms with potential out of quietness and bought them up to reap the profit, it was a 3 year procees with ups and downs a little money here and no money thier.When completed evrybody knew everything and we were dancing on a big "GREEN CLOUD". Patience! PATIENCE!TIME & PATIENCE! NSDM LONGS ARE STANDING TRUE AND HOLDING LONG.In the end we will be partying together,we will all be able to afford and meet, vacation and celebrate.
100% BEHIND WALTER,DAN& NSDM,
Diamond_princess
Good Morning Miners!!
OUR TEAM IS FINDING DIAMONDS
OUR TEAM IS FINDING DIAMONDS
YEAH!NSDM
GO WALTER, GO WALTER
THATS THE SPOT!
GO DAN, GO DAN
LEAD US TO A VICTORY!
what is going on with etrade mine just closed at 3:20 pm normally it is 3:30 pm it was .094 now it says .088.Anybody know?
Market is at .09 25m +.it is 3:13 here about 15 more min. to go
30 min. til market close.Does anyone think the PR will be out then!?? This is exciting and nerve wracking the big wait that is. So much speculation hope it's all good. Fingers crossed
Shaun you confused me .Did GPVI do a joint venture with NSDM?Is NSDM full of good news?
It was stated befor the drill started that we had a 50/50 chance of hitting the diamond jackpot.The conferece is taking place now!?I'am searching all of my Canadian links trying to come up with something. If I do I will post it. anxiously awaiting in anticipation for nothing short of a miracle.GO,GO,GO LONGS!!!
Thanks for your input skydiver. But the only thing you were right on,is that I'am not doing a legal document.If you did not like my post that is fine. I was following up answering "Prince's" questions, out of common courtousy.And some of the information I receive is knowledgeable. If I'am posting my own guesses and theories I will state so.Somethings I know I cannot dislose.However, I'am anxiously awaiting the latest news like the rest of us. If you want pride and cheer this A.M.,here you go: DAN, DAN, your the man if you can't spot them,no one can, Go Walter,Go Walter.NSDM United we stand Delivered we COLLECT! Good Morning Miners ! Forgive the corniness it's 4:40 am and I didn't get much sleep. Gotta run.Good luck to all today!
In reply to Prince's ???'s. or anyone else of interest.
First and foremost I'am limited to alot of what I can elaborate on.I'am not a pumper or a dumper! I'am a clinical research investor.I guess one on this board may say I'am a pumper to financial institutions (understand).I have received a total back ground analysis summary and investigative reports on the man Walter Studer himself and the NSDM Shell buy of Omnicrom .Under taken by head financial CPA'S of major financial
institutions. I'am a Certified CPA Legal Assistant.I do not claim to know everything.However I have obtained alot of info.I have talked with Walter on a few occasions.Very polite down to earth man.I happen to like him very much.He is also very honest.
I believe if we stick in this together like a marriage up's, down's, high's and lows. We will all see maturity to great richness; ahead.There are people like me who work to investigate
companies legitamicy. You would be suprised at how many fraudulent operations operate , run and scam yes even scam the share holders out of money with lies and live off of the share holders money. That is you and me. Walter is not one of those men.Mining jr'. can scam very easy now days how "INTERNET PRESS RELEASE", Thier are presently no laws over internet releases.In other words anything can be stated and made to look good over the internet.Face it, Have any of you went to see any of the NSDM properties?! NO!Ididn't think so; even I haven't been.Also great emphasis should be Placed on Dan. May you find your "DIAMONDS" ,I believe you will, DD.We are in a HOT SPOT! Good things come to those who wait. All we need is just a "little" PATIENCE, PATIENCE!
Question # 1:The member of the board I passed on the CBC News link is a key figure on the board. We did not get that release in the U.S..I was able to pass it on for the board to see. At this point I cannot disclose a name, (confidentiality) I'am sorry.
Question#2: Regarding PR came from the mining corporation; The drill showed very high rare earth mineral, still were uncertain as to the diamonds several test and studies have currently been under operation. The bad new was minimal just another conferenece and meeting nothing out of the ordinary for the CEO or any operation.
Question # 3:The Canadian Govt. has put an 11 year tax free budget for the mining industry to help aid in cutting down cost of digging.Canada regulates thier mining and have very strict safety, land protection , land aquisitions and land restriction laws.They have to know the weight ,volume and quality to be able to set a price value and market volume.They control with strict filing and watching to prevent mining theft and false claims and to know thier profit.
Question# 4: Yes,I will be going to BC not sure when but talks and plans are being made.Live action reasearch,Yes ! Yes , I will post findings on this board as well as the web. I will be doing reseach on other things as well. Have a good night all.Hope for good news, we may all be in for a suprise and if not then it is just to soon.I'm staying in for the long . We've only just begun"!!
Hello Prince . Yes I'am here. Are you still here?
Hello I posted a message about Judy a while back. And I recently passed on the cbc winnipeg news link to a member of this board.I have spoken with Walter many times, he is a great and honest man.With a strong holding buisness sense and strategy. Since I purchased several hundred thousand shares after speaking to Walter and several CPA'S and investment firm managers this stock for a penny looked good steady and strong.
However I would not be overly opptimistic on press release. True NSDM has come along way with a jog to go yet. We do have some obstacles.Though diamonds have been found in the Ukraine we have to deal with a shady Ukranian government and if you would read the ukranian news (translate to English). Thier has been a diamond heist Russia wants there rights and alot of other issues it is all forth coming in the future with time. Walter is very respected in the Ukraine wich is a plus.Because the Ukranian Government can be pretty DAMN BLOODY!Also to speak of Walter he has a clean back ground and outstaniding image.Everyone on this board that claims to talk to Walter over magnifys his words.The truth is the Canadian geological society is dragging there heals in testing. Some news is very good and there is a bad piece of news as well.Walter was dealing with that issue on Fri.If you came in this stock short get out if your in with patience this stock will pay out and all of you shorts will be eating CROWE.If you want to get an idea of what is going on search Canadian news and newspapers.I have been watching the CBC news alot and a couple of others. That is how I knew about the Nov.14th garnet find on our properties. And yes if Walter does a media release it will be on the CBC. iF THIER IS ANY SIGNIFICANT FIND THE CANADIAN Government WILL KNOW EVRY LAST DETAIL.Canada has the strictest mining and reporting laws in the world.We have definetly hit on something,but Walter
only had an idea, I'am sure he knew this morning.We had a very high amount of some rare earth mineral and yes Walter NSDM and the share holders would benefit. The Candian Government would have to pay him per mil. for the mineral.As Walter said he would not mine a rock quarry,forget it.These digs are as important to Walter as they are to us share holders.I plan on traveling to BC in the near future.DD.Live action reseach, No set date yet but soon. Rest well tonight pray for Walter and our shares and hope the lab doesn't let us down. Walter is under much pressure and at there mercy on this one! If not keep digging it was after all our first. You have to crawl befor you can walk!!The advantage we our pioneers in a new high probablity teritory Columbus id not sail to America in ady and Magellan claimed first,Who knows and go figure. My bet .093. Thankyou I love this board Iread it daily respond rarely.I will be talking to walter at the end of the week so if anyone has questions let me know1