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You are absolutely correct for once, I have talked to TommyGun/Stockman mcgee. I've never talked to YOU, but I have laughed quite a bit.
I disagreed with Tommy when he was accusing almost every poster on this board of being part of a conspiracy, but I did agree with him on a few posters. I've since changed my mind, in the future I will be more careful about accusing people.
I know, I tried to find where the mine in Russia is, but most of the place names either don't exist or appear to be made up. The one place name I could find is not near a Kinross mine.
By the way, whatever happened to the LOI to buy the uranium mine?
We were supposed to get details by the end of october.
And whoever heard about having to run a geological survey by the lawyers before releasing it, of course the report has never been released.That was at least six weeks ago, how long does it take to translate a document and have your attorneys verify a scientific report? LOL
I'll agree it has been orchestrated, but usually in a P&D there is a big run. We haven't seen that. Do you really think this was done just so they could make 10% every now and then? I also think there have been posters on this board who were part of it. But I now think I was wrong about at least one of them, and I apologized to him (well sort of, as close as I ever get to an apology :) By the way, I don't think KELLYCO has ever been in on anything.
If the shares haven't been increased, and Senderos has checked weekly, where are the shares coming from? I KNOW IT MUST BE NAKED SHORTING, but other than that, where are these shares coming from? Maybe prior management, maybe Dan really did get those 132 million shares and instead of retiring them he's dumping them. That would explain the drop in the PPS with out increaseing the Shares.
Whatever the case may be, right now the is only one person who we know has made money off of this, and that's Dan Ryan
Dan hasn't responded to anyone yet, I wouldn't hold your Breath. So far the only person to make money of this thing is Mr. Ryan himself.
Well if your MM is say FRAN, and he doesn't have any shares for sell from someone who has an account with him, then you couldn't buy say ABVG. Then there's the whole other problem that you, the buyer, would have to agree on a price with the seller. So that would result in a Nite price, a DOMS price, etc. That is why short selling is neccessary.
If it's abused, it can lead to different problems, like you are saying is happening here. I still disagree with you. I think there is something else that we don't know.
Because there is a legitimate disagreement about how big the naked short selling problem is. Obviously the MM's want to deny that it is a problem at all so that they can continue to steal from small investors, BUT there is a real need for the short selling so that liquidity is maintained in the market.
If Doms could only sell shares that their personal investors owned, the market would not function smoothly if at all. Also, the SEC does not care about the pink sheets, they have made that clear. I'm afraid it will always be a case of "Money Talks" I don't think you could get enough pink sheet investors together over a sustained period of time to offset the political "contributions" that the MM's can make.
Dan said he might do a partial retirement of 63 million shares, so I don't think there is any contractual agreement stopping him, unless of course he is unaware of what contract he made.
He needs to do the partial, and/or announce a lawsuit against a specific entity for failure to deliver the remaining shares.
Jimham11 read Han2004fl's post about the CC There are plenty of good reasons to support this stock.
I would add
They have reached or will reach a deal with Diagnos, inc(symbol ADK.V) a company that finds mining properties. This is a well known and successful firm
A stock "consultant" was paid millions of shares by a shareholder to promote the company, he dumped the shares.
The shareholder has consulted an attorney.
This doesn't make sense "PPS continues to sink because shorters must get hands on certificates to send back to ABVG." If shorters need certificates then they would be BUYING not continueing to short. Unless "their" strategy is to try and short this company out of existence so they never have to redeem the shares. Sorry, the reason for the fall of the PPS is primarily due to individual investors decideing to sell.
If Dan has a legitimate contract to buy the millions of shares that he needs, it would have to be with a few very large shareholders. He never claimed that the company would purchase the shares on the open market, so the supposition of a few large shareholders seems pretty valid. It appears that these large shareholders have either changed their mind, or misrepresented the number of shares that they had available. Dan hinted at a civil suit and that may be what it takes to complete the retirement of the 132 million shares.
I don't think anyone denys that naked shorting happens. It's just how often and to what extent. Every time a penny stock goes down all you hear is MM games and naked shorting. I think it's more likely that somebody is selling. Legal shares or illegal shares, but shares are being put into the market. I don't believe that MM's sit around all day looking for small cap companies that they can short out of existence.
I've also seen stocks where everyone was waiting for the "mother of all short covering" it never happens, at least to the stocks I'm in :) I think the problem here has been a lack of confidence in the CEO and a "consultant" who dumped shares which made the lack of confidence worse as the PPS declined. If Dan follows through and retires at least the 63 million shares, investor confidence will dramatically increase and everything else he has said will carry much more weight. And the PPS will significantly increase.
Does anybody have any idea WHO this consultant is that was paid 10 million shares to promote abvg? To those of you who didn't catch the CC, a shareholder, on their own inititive, paid a consultant 10 million shares to promote the company. The "consultant" dumped the shares, and did nothing. The shareholder has retained an attorney.
Think where this PPS would be with 10 million buys on Monday.
agreed, that was going to be my question, but he answered it before I could ask.
They're not trying to find a new CEO, they're trying to find a COO, a mining guy, to run the day to day mining operations.
500k after hour sale posted, anybody know at what price?
Yep, cheap shares are drying up...I think
They're there, they are just trying to wait the sellers out, this is a repeat of yesterday. It worked for them, people kept dropping the ask and they got cheap shares. We ran late because some of the buyers became afraid they wouldn't get in at a low price before the CC.
If the ask stays up and there are no sells, we'll go up.
Of course that's true of any stock LOL
It seems I can only second that! :) But I agree with you completely. That was a very good rational analysis of our situation.
Bargin hunters are trying to wait us out, they won't buy until the last minute.
That's why I think he will have good news during the PR, to get everyone too excited to ask tough questions. Despite his promise to be open, he clearly doesn't want to hold CC's when negative questions will be asked.
I agree, I've seen very good news released on Friday so people can talk about it all weekend. I'm not expecting a PR this week, I think Dan wants to hit us with something big during the CC.
What's a bananamos? It's a slur aimed at me implying I'm homosexual. I think it's funny just like I think outragous predictions of PPS are funny.
.013's were thin, perhaps the L2 is signaling faith by the shareholders that the CC will produce good news. I personally think it will have a positive effect on the PPS
Who are you praying to here? O mighty one? Dan is not a diety by any means, and I've never heard of a god that effects stock prices.
Well you could always post a picture of yourself so we could compare the two. but until then, she's the best lookin' sweetheart posting on this board.
She can come up and see me anytime. :) Hell, I might even meet ya halfway Belle.
LOL, at least we still have the Beatles... Levity is always a good sign. Things are looking up!
Now if Dan will only meet our expectations...
I was merely trying to explain that there was no plot to stop opinions. Had the subject not come up, I would not have brought it up, I will refrain from mentioning it again.
Thanks UR, We can obviously agree on something
The only posts deleted since friday afternoon were one by me, which someone judged to be a personal attack (I thought it quite mild) and then a few replys to me.
My post was indeed about a poster not the stock.
I agree, it's clear Dan doesn't want to have conference calls when there will be angry questions, so I assume this conference call will be good news.
I got a text message on my Phone yesterday to buy this, I know I didn't sign up to recieve text messages from anybody. Sorry guys looks like a spam campaign.
Bureaucrats don't work fast. They are unconcerned with anybody else schedule. As a government employee for the last three years, I know I arrange my schedule to suit me :)
It's been a refreshing change from the business world.
Thanks for the clarification, I only superfically read what I was replying to. The whole discussion is a bit silly, no web designer worth hiring would set up abvgold.com without having abvgoldinc.com automatically redirect.
I think three million or so of those hits were me :)
B x A .015 x .016 a gap up
IMO December is not Dan, I've seen a few private messages where December claims to be, but they contained misleading info. I think December was just playing a black joke after he was accused of being Dan.
if Matt tells them what they want to hear Thats the key imo. People are waiting on the uplist, or some other bombshell like he's already booked a months worth of interviews... Here's hoping he has
A pinkie CEO who is really open? And keeps his word? I think that's why I bought in. Of course the cast of charecters here was another positive.
Isn't this broadcast one week early? I thought they were supposed to start in November. It sounds like this CEO doesn't give out empty promises that he can't keep.
I agree, there have been several times when I thought the company was buying to support the PPS. They might be doing that now as well.
Me too!