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Hello darkness my old friend
I've come to talk with you again...
<forgot the rest of the words>
Hmm.... Hmmm Hmmm...
Does humming count?
(The Sound of Silence)
Any other musical requests? <g>
What are they using for a smelter?
A blowtorch?
I was just trying to go over few things mentally (while we wait).
Big pile of material - ok
Some equipment presumably mill, screener, concentrator... ok
I haven't gone all the way back, but, just thinking and I don't have a clear mental picture/ recall anything about how they get to the 99.9% pure gold.
Most operations like this send out concentrate to a smeltor. Just curious, who?
Or are they doing it on site somehow?
re: 2.24 gigs
All that work to make the movie. That was very nice and thanks. I appreciate the effort.
But with dial-up modem I would never be able to watch it though, anyway.
Really, just a text (english) transcipt with maybe a few stills would be fine.
The thing about conference movies is that it is usually just someone standing or people sitting at a table anyway. Once you see what the people and setting look like, that's pretty much good enough. Charts, equipment operation - same thing, can be handled with a few slides...
I recently decided to download and play the 8 part xlpi stockholder meeting and it was a real torment.
Apparently, compression comes into play. It's a bit funny, so long as everybody remained still, it moved along a little better but then one guy starting rocking back and forth in his chair and that really started to bog down the playback. Considering the state of the company a little unconcious psychological fetal rocking is understandable, maybe call it pink sheet shareholder syndrome... <g>
For one I appreciate any info that can be available. Theres a little o&g company that reported how they cemented a cracked casing to repair it. I think that kind of info is great.
Finding one like this that seems too good to be true, that, hasn't actually come true so far, it's nice to try to learn what's going on. For example, I actually feel reassured to hear about some problem to explain why we shareholders are not making any money yet. How it's solvable etc.
Otherwise, one can start feeling a little edgy and despondant when everything is fine but nothing is working. That's a contradiction, people find it uncomfortable unless you have a reason why.
Otherwise, if we're all enjoying nice gains and making money ... not a problem...just keep doing whatever..
re: Yahell screwin up all morning
I have been having a problem with yah quote screen blanking out after a second. Just curious if you noticed same?
XLPI appears to still be trading. Just pitifully low...
Florida Sugar
Kind of interesting. Apparently you can still get some table sugar if you want and then make ethanol from the molassis...
Burning the stalks for heat in the refining/distilling process yields a net positive energy return and pretty much neutral carbon enviro-factor...
http://www.assct.org/florida/flenviron.htm
re: (already) mainly owned by the Russian entities
So it would seem that the upheavals that had everybody running scared investor-wise have pretty much all happened already...
Maybe not so bad then. Assuming they already have the lion's share, we might reasonably expect minority outside investors to be allowed some crumbs from the table. It's just that if those crumbs grow into bigger crumbs will they then be taken away from us? A good guess would be probably not at this point, right?
I suppose that this isn't any worse than the prospect of buying shares in Chinese companies which have majority government ownership. But in that case, it's stable. Actually they're even moving slowly the other way in some areas toward more privatization.
I've been in and out of another miner in Mongolia that has a lot of potential (IVN) but the problem in that the rules have been in flux due to political currents. First it looked like they would be happy with 30% then all of a sudden it jumped to 60%. Of course there, negotiations were/are still somewhat open to being finalized. Now, still hard to say.
Even with good old safe, trustworthy, Canada, government officials suddenly reneged on their taxation policy regarding energy trusts causing prices to plummet with resulting torment for investors, a great many who were retirees. Most politicians seem to turn into ignoramuses when it comes to economics and market forces.
Add in the exhileration of political power and the intoxication of self-rightousness and they can really go over the edge as with Chevez / Venezuala. Bolivia looking just about as bad. KRY had great potencial but so far I have no desire to touch it. Even CDE pps is subdued due to its Bolivian exposure.
I still have a small position in an otherwise nice gold junior with Equador exposure (ca:PLE). The Equador leader is nominally in Chevez's camp but he reportedly has an economic degree so still holding out some hope there.
Evidently, no investor environment is ideal, all we can really hope for is stability. Then go back to fretting about all the other plague of uncertainties that accompany junior miners. <g>
Russian government under Putin has gone around essentially seizing oil and gas companies, telecomms...
What is the risk to investors in Russian miners like Aurus of something similar happening?
re: HR 547 Thanks for the post. Yes, feeling slightly less pessimistic.
re: "Hooey-Cosponsored Bill to Promote More Diverse Fuel Supply Passes House Thursday, February 08, 2007
- Advanced Fuels Infrastructure Research and Development Act Will Make Biofuels Easier to Access and Use -
...
H.R. 547 authorizes $10 million to initiate a research and development program to make biofuels more compatible with present-day infrastructure. Currently, biofuels like E85 ethanol and some biodiesel blends have different physical and chemical properties, often making them incompatible with existing petroleum-based infrastructure. As a result, tank and pipeline corrosion, sediment buildup and/or clogged filters are among the issues that can arise. ..."
A small step but nevertheless a step in the right direction. Now, didn't Bill mention something about an additive to prevent ethanol corrosion? Wonder if XLPI could get some grant money to help "research" it?
Since Hooey seems to have her head on straight, hopefully she is among the legislators being contacted for legalization of XLPI E85 conversion kits...
I have a sense that ethanol will become more-or-less mainstream at some point. The problem is whether XLPI can hold out that long.
re: There's still a chance something could happen
Yes, the EPA could use a little logic for change, respond to the mounting oil crisis and relax the roadblocks for flex conversion kits. Ethanol is already established as less polluting than the previously EPA mandated gasoline additive that ended up being poisonous /carcinogenic and polluting most of the groundwater in the US. They were wrong on that call but will never admit it. Now they apparently still believe that they can do no wrong. Technically, they can say that they are just following congressional directives (to a 't'), but one would think that somebody over there could anticipate which way the wind is blowing and not appear to be totally preoccupied with covering their bureaucratic behinds.
Evidently it's going to take an act of congress to acknowledge the obvious. We are in a position of having to have faith that they will do the right thing. The same sort of Congress that left in place a 50% tariff on otherwise inexpensive imported ethanol (e.g. from Brazil).
It's all just so irksome.
XLPI must comepete with 300+ other lobbyists per congress critter, waste money and wait months on end for something that should only take 10 minutes to decide and not cost any money. Obviously those down 90% on our stock have cause to be annoyed at Bill for not anticipating the problem but on the other hand, who would have thought things would be so difficult in a supposedly free country.
re: Kudzu
Just when you thought XLPI couldn't go any lower.
What are the stages? Anger, Denial... Guess I'll stick with denial for a while.
Maybe comment about potencial bio fuel sources for a bit instead. It's kind of related...
I checked wikopedia for kudzu and it's a rather remarkable. I think this is another misunderstood plant that seems to have all kinds of beneficial uses.
http://en.wikipedia.org/wiki/Kudzu
the following are some excerpts:
"Culinary
The non-woody parts of the plant are edible. The young leaves can be used for salad or cooked as a leaf vegetable; the flowers battered and fried (like squash flowers); and the starchy tuberous roots can be prepared as any root vegetable.
...
The starchy roots are ground into a fine powder and used for varieties of Wagashi and herbal medicines. When added to water and heated, kudzu powder becomes clear and adds stickiness to the food. It is sometimes known as "Japanese arrowroot,", due to the similar culinary effect it produces.[citation needed]
Its leaves are high in vitamins A and D, as well as calcium and protein. Its roots are rich in starch and its flowers are an excellent honey source.[2]
...
Medicinal
Studies have shown that kudzu can reduce both hangovers and alcohol cravings.[3] [4]The mechanism for this is not yet established, but it may have to do with both alcohol metabolism and the reward circuits in the brain.
...
Kudzu also contains a number of useful isoflavones, including daidzein (an anti-inflammatory and antimicrobial agent), daidzin (a cancer preventive) and genistein (an antileukemic agent). Kudzu is a unique source of the isoflavone puerarin. Kudzu root compounds can affect neurotransmitters (including serotonin, GABA, and glutamate) and it has shown value in treating migraine and cluster headache [5].
...
Soil improvement and preservation
Kudzu has been used as a form of erosion control and also to enhance the soil. As a legume, it increases the nitrogen in the soil via a symbiotic relationship with nitrogen-fixing bacteria in the soil.[6] Its deep tap roots also transfer valuable minerals from the subsoil to the topsoil, therefore improving the topsoil
...
Animal Feed
Kudzu can be used by grazing animals as it is high in quality as a forage and greatly enjoyed by livestock..."
Why does it not surprise me government is set about eradicating it.
"Efforts are being organized by the U.S. Forest Service to search for biological control agents for kudzu, and a particular fungus is currently in testing."
Sounds similar to killer fungus, millions of dollars being spent on by government to exterminate cannabis, the other misunderstood plant I eluded to earlier. There was also some concern that the super-fungus might get out of control and start eating traditional food crops and maybe everything else. Of course, nothing the government does could ever go awry, could it...
There was a lot of optimism about hemp a few years ago. Like kudzu it grows reliably under all kind of conditions, and protects the soil. Hemp also has all kinds of beneficial uses for mankind: Fiber is excellent for paper and textiles and, of course, the strongest rope in the world. The seeds have no "medicinal" properties, but can be popped like popcorn and eaten (apparently even tastes like popcorn albiet with smaller kernals). The oil from seeds was gaining usage for lamps as a replacment for whale oil and I remember reading that Rudolf Diesel originally designed his engine to run on hemp oil...Displaced by kerosene as Standard Oil came to prominence.
I think it was a Hoover Institute paper that cited Standard Oil (aka Exxon today) that spent millions to launch an extremely succesful "philanthropic" political campaign against mariyuana. The old movie "reefer madness" comes to mind.
By pure chance, of course, their friends at Dupont had just come out with nylon / synthetic fibers made from petroleum and the leading natural fiber competitor cannibus had just been eliminated as well as competition for petroleum. Pretty lucky for them, eh? The only thing is, there are evidently many different sub-species of cannibus, the kind most useful for fiber and fuel is not good for, well, smoking, but all varieties got swept away by the wide brush of the new laws.
Now the government is promoting corn for ethanol, food for fuel even though there are better plants available, not to mention sugar cane. Oh well.
re: 20 years later i still quote it to my assistants
And here I thought I was being original...
I just had a possibly neat idea, here again I don't know how original. There is that pesky problem with corn ethenol, right - using food for fuel. Maybe not enough corn, etc.
Well, there is a large crop grown every yesr in the US that pretty much goes totally to waste. I wonder what the square surface area of lawns are. Every year, week by week, it gets harvested by a zillion lawn mowers and then essentially discarded. All those megatons of clippings.
Now, what if each resident, or neighborhood or lawn service took that stuff, ran it through a waring blender or whatever and made cellulosic ethanol. I think all the process requires is a big vat and adding some enzymes. I think DIL makes them.
then regular ferment and distillation with existing home ethonal kits..
Instead of the plasma syngas stuff, maybe Bill could start by selling cellulosic grass clipping kits. If a lot of people started making their own cellulosic eth, then the next logical step would be converting their cars to flex to use it. It could enhance flex market at the same time...
Vol spike today
24k down
224k shares on uptick
Short covering and/or somebody wants some (alot)?
Interesting.
"..AR is accounts receivables"
Thanks. Silly me. It seems so obvious now.
Sometimes I get a touch of acronymitus...<g>
Phase III Trial OK
I just looked at the last title and and first glance it seems to indicate the misinterpretation I was conjecturing about, so making a better heading for this msg.
The other thing is that I recall reading somewhere that a type of staph has some medical people more worried about staph than bird flu because it apprantly attacks the lungs. One scenerio medical people are keen to avoid is people getting deathly ill from visiting a hospital. Here again, this company seems to have something that could prove timely in addressing the staph issue.
Actually I just stumbled on this stock noticing a bit of a volume spike on the ups, though stock currently looks depressed. It seemed a bit interesting, so thought would pass on.
When a dev biotech passes a late stage trial they can often spike impressively.
Also there was no other board so what the hey....<g>
Faropenem Phase III Clinical Trial Stopped to Consider Exclusion of Ketek Comparator
http://news.moneycentral.msn.com/ticker/article.aspx?Symbol=US:RDYN&Feed=PR&Date=20061226&am....
My impression is that this one may be on to something in regard to an improved treatment for staph. My impression is that the Phase III was interrupted due to the comparison/competitor (approved) drug causing problems. "..Committee recommended to the FDA that the risks of Ketek outweigh the benefits of using the drug for the treatment of patients with AECB in a 17 to 2 vote." (Competitor "approved" drug = KETEK)
Which implies that their new drug faropenem medoxomil is better.
And approval should be a shoo-in considering the inferior drug got previously approved...
I'm certainly not an expert on biotechs but it seems that their product market is similar to Staph drug /hospital market targetted by VPHM. I beleive that VPHM has done well with their product in the past, so, it seems possible that RDYN may be in a good position.
PPS is likely low and volume is sparse because RDYN seems to be completely unknown in the investment community (no other boards found so far) and it may be that people read the headline about Phase III stopped without noticing that it was stopped because of the competitor product, not, RDYN's...
thanks for the reply.
I didn't really expect a speedy reply. It's the weekend, markets are closed, people often get busy or relax or get busy relaxing... <g>
No need for anyone to to go to any extra trouble.
I think somebody covered the question of which Unico in a previous post, I don't have deluxe ihub so just need to pick back rather than auto-search.
If there wasn't some kind of problem or uncertainty, the stock would never have been brought so low. I'm just trying to get a handle on whether/when UCOI will pull out of it.
The problem with junior miners right now is that there are too many ideas. My portfolio is starting to look like a mutual fund. <g> Keeping up DD on all of them gets to be quite an ongoing task.
re: "According to their financials, collecting their AR would be better than funding..."
Sorry, AR? Guess I'm not familiar with that acronym...
From a debaucle with IPIX in the past, I learned of a business tactic of establishing distributers and then "stuffing" the pipeline which then register as sales but, actually, nothing much has really been sold to customers yet. Maybe something like that is the case here? It's still just "theoretical" money at this point?
Since you're investigating stuff here:
There was something about Florida lawsuits. When one goes to the circuit/clerk website and try to view any court documents you are notified that one must go in person - no documents may be viewed online. Weird - why even bother having a website.
I'm suspicious, of course, but not sure what to be suspicious about.
Further web search indicates several entities named Unico including one that seems to have been involved in hurricane recovery. I wonder if the lawsuit one is even "our" Unico.
The "Blue Marble" listed plaintiff supposedly invests in "socially responsible" stuff -- why would a "green" outfit invest or buy convertible bonds from a mining company?
The two other plaintiffs don't seem to have any web presence at all as far as I can tell, so far...
the upside all depends on funding
I think that the market will eventually come to him (us) if he can wait it out. Pretty much all the ethanols got hit with over exhuberance early on then took a big hit when it wore off.
Initially he had a lot of reach (initial exhuberant funding/stock buying), kid in a candy store on leveraged acquisitions, but now it seems that reach has exheeded grasp. This big framework mapped out but now the expected market supports haven't materialized yet, the ground collapsing beneath, not much there to support the weight .
Despite it being _the_ short term energy solution, not so much because it is a good solution but because the government is disposed to support it, ethanol is taking a lot longer to reach "critical mass" than many would have hoped.
Due to the conflict between corn for energy and corn for food, the rising price of corn is giving would-be ethanol producers and investors pause. It's like mining. When the extraction and refining cost go up, you have a problem. Also, the ever-manipulated price of crude is lower now for some reason, so, while bolstering our consumption-based economy, or at least, expectatons, a bit, it also puts a dampener on alternate energy.
Eventually something is going re-spike oil and then the race will be on again.
Xlpi needs to summon some staying power, even if it means imploding some tendrils of the grand plan inward perhaps.
Maybe he could sell some of the spare office furniture. With fewer employees now they probably won't need all of it, for a while at least... <g>
I still see Lubrilon as a White Elephant for the forseeable future. People buy Penzoil or Mobil mainly because they are informed (programmed for brand recognition) by national advertising. XL is in no position to provide that. So let's say it's a good viable product for ethanol protection etc. The trade secret/formula, inventory, what-not might be seen as attractive to some oil outfit that already has shelf space in stores (and money). The white elephant might still be good for meat. They (we) need something to live on until the ship comes in...
It seems to me could do just fine with XLPI aftermarket conversion units for many years. Apparently it's the sole revenue source right now, carrying the company as it were on it's poor little embryonic shoulders.
Then there is still the garbage to liquids / coal to liquids thing to resurect when ethanol starts to peak.
re:...thought I would never see .001
The nice thing about stocks is that eventually, they stop going down. <g>
I rather liked the report. Remarkably detailed. I appreciate Bill's kind-of unassuming, down-home candidness. And he's sticking to the big picture. Unfortuneately all we have right now is a microscopic size frame to put it in.
I don't know, it's still a pretty good story. All the ethanols perked up anticipating the presidents speech and now are pretty much crashing again. Wouldn't expect XLPI to do any different. It is getting pretty darn low though.
Like I said before, when it hits .0001 (presumably par val)...
There used to be an electric shaver commercial on TV years ago with that guy: "I liked it so much, I bought the company!"
Pretty bizarre. The market cap is actually starting to look affordable. The only thing is, since Bill prudently moved the patents into Glocal Holdings what would one get? A building and maybe a few tantalizing, but still up-in-the-air, sales and production possibilities. Actually, one would just end up sitting where the CEO is sitting now. Sorry to say it, but better him there than me right now...
It's a heck of thing when your stock has to go up 1000% just to break even.
Actually started thinking of adjusting my position, perhaps "rounding up a bit".
That way, it'll only have to go up 500%. Hey. Looking better already... <g>
re: The short sellers in the main have been selling strength short and buying weakness...
Good point/article. One can also seem to see this in some (smaller) energy stocks from time to time as well relative to the price of crude. I think what may happen is that the strength of the spike up is overestimated and the pre-planned dumps end up being a bit too big, thus driving the pps down prematurely. A factor being the not totally predictable "panic" cascade effect of antsy investors reverting into born-again traders as they join the perceived stampede...
re: ..If I took the time to create a new message board with really intelligent thread interface, where topics and replies are all bunched together would anyone be interested?
No. (Well, emphatic H*LL NO, from me anyway <g>). I'm still fuming over Yahoo crippling their stock boards with that "new" format. My first experiance with message boards was on Compuserve forums in the late eighties and early nineties. They all used the thread format so it is nothing new. You could also download complete threads all at once in a couple minutes, read through and reply offline, then upload when you logges back on. And no annoying ads, animated or otherwise.
I finally found a convoluted way to access recent messages sequentially over there (Yahoo) but now it is a pain in the neck compared to before.
While threaded format is fine for things like politics, gardening, and programming, it stinks for someone trying to follow discussion on all the day to day developments on a stock as they unfold over time. The time linear format is absolutely preferable, I would say crucial, for someone interested in trading.
Although the type of info and discussion investors and traders
seek often intersect, the tactics diverge sharply reflecting what occasionally seem to resemble religious rivalry. You can see these philosophical frictions in the bantor sometimes.
"Investors" don't seem to mind 50% fluctuations in pps, like to drill down on each seperate point and aspect of a company's fundamentals, sector outlook, research and discuss every individual detail ad infinum with emphasis on the unchanging past, then, one day, discussion is done. They enter a position, sit back and wait. And wait and wait and wait. They tend to go quarter to quarter. "In for the "long haul". The thread format.
"Traders" like to keep tabs on what is happening now and discuss volume, price movement, rumors, day to day developments, bounce impressions of company events and trade possibilities off each other. You miss all that if it's buried in a thread somewhere.
A lot of people keep a portion of their shares as a core position and try to trade the other portion. This suggests that the majority have a trading interest.
You can see almost a religious rivalry betweem "traders" and "investors" in discussion bantor. the fact is, most of us switch "sides" occasionally. I tend to become an "investor" when I get caught in a downdraft and decide to try to ride out a trade underwater. "Investors" will exit a position when they think that something major has changed or realize a fundamental assumption was wrong.
The sort of things you want to break into threads is already done in the company financial data, specifications, and analyst reports. "Unchanging" facts for investors, all laid out. Why put each one in a thread. How much more can be said about a PE ratio? Stock discussion baords are most useful when they serve the changeable aspect of a stock, the unfolding story. It's the difference between a novel and a phone book. Each useful in their own way, but it is a mistake to try to equate one into the other.
Apologies to other members for going so far and wide off topic. But everybody has their "hot" buttons, I guess. <g>
Looks like UCOI is continuing to undergo some accelerated selling pressure sgain today. Oh well.
One thing that I like about UCOI is the frequent updates on their operations. I don't mind a little equity based financing if you can see the money being put to good use like buying equipment. Tangible assets.
inv meeting comments cont.
6. Factoring - the resort of the truly desperate. Sacrificing what little profits might exist to recoup a tiny bit of cash flow because they can't wait. disasterous.
I had this interesting idea. Instead of resorting to factoring and toxic financing (which will surely spell loss and failure)why not, when you make a sale of say, an xl unit, consider it a promotion expense then take the proceeds and use it to buy stock (on the open market) which the customer would then own. He would get a stake in the company and it would reverse dilution. Some might sell, some, maybe not. Otherwise the money is planned to be thrown away on death spiral financing anyway.
The meeting might have been more entertaining if I had attended with this idea in mind. Though I haadn't gotten it yet at the time.
Picture Bill holding up the unit,
I'm there. "I'll take my return on equity now, if you please. Give me that!" "It's mine!" No!, Mine!"
Then an ensuing rollicking tug of war between Bill and myself, papers flying, table overturning. Ah, well...<g>
I think the high point of the meeting, or at least an unintentional and ironic crescendo summary would have to be in one of the middle segments, about half way through. In the background, you can hear the rather unmistakeable sound of a toilet flushing.
Think that kind of says it all. <g>
re: "..not be going to the OTCBB anytime soon."
Probably because the SEC filing would need to contain something a bit more detailed than "um, let's see, I think the company is about a million dollars in the hole.." <g>
I had hoped to hear a list of concerns (problems) abd actual solutions. I think Bill's problem is that he only planned for success. He needs to learn how to plan for failure.
What I get mainly: We are getting eaten alive by carrying costs. Toxic financing is not the way to get "leverage". He needs to scale back. If he can't convince us (retail shareholders) to give him any more money, how does he expect major investors to provide any kind of decent terms?
1. Problem: Lubrilon is a bust. There is no future in it. My suggested solution: Sell off the $5 million Lubrilon investment to recover some cash.
The only liquid with a sure market would be something to add to the fuel to counteract the Formic and Acetic Acid from the ethanol. Actually I found his remarks about that informative. It explains a lot for me . at least: why the fuel pump in my Grand Prix failed unexpectedly. Examining the failed unit revealed that the commutater looked like it had been eaten away, the erosion was much more severe than one would expect from simple wear. Just prior to that I had switched to cheaper E10 from all pretroleum fuel.
Most people don't care about the oil in their car. Heck, they're exceptional if they even bother to change it outside of warrany requirements. I do, but I always used Mobil One synthetic oil because it contains no residual sulphur (acid).
You can go longer between oil changes and that mitigates some of the extra expense.
In order for a product to sell, it needs to solve some problem for the customer better than what exists now. Lubrilon doesn't seem to offer any kind of unique solution over existing high class synthetic oils. A gas additive that prevents fuel pump failure which saves a motorist from being stranded out on the road is a real solution to a real problem and would provide real value. The company should dirch everything alse and use whatever funds can be recovered to concentrate on that.
2. Not enough money to test 300 car models. Solution Test one model (at a time). Make friends with a local car dealer to send an occasional customer with a target vehicle model your way.
3.Not enough money to buy a national lube center franchise.
Solution: Rent one old garage with service bays near a gas station with an ethanol pump. Install and sell units for covered models
4. 200 million vehicle market. Only about 10% of people will bother. Of them, 10 million new vehicles are sold ebery year and an increasing percentage of them will be fles fuel ready. So, the actual aftermarket will start to diminish every year.
There is a need to start installing now. This will also provide valuable cuatomer feedback and givetime to solve any additional implementation problems. Limited customers, early detection means limited liability even in the case of a disasterous road failure.
Heck, GM spent millions and millions on engineering the 4-6-8 Cadillac engine prior to their big rollout. Guess what, it still failed in the field and they had large liabilities to pay. Better and best to work out the bugs small scale as you go
while there is still time, beofre the market fully developes (and peaks).
3. His big Plasma Fuel GTL vision. Making units for small scale and consumer use is actually an idea I had myself a while back. I have it tabled indefinitely even building a prototype for my own use, and I have access to a machine shop. There are no off the shelf components available at Walmart ( though try I assume he was being illustrative).
We're talking high pressure chambers and plasma. Plasma state of matter occurs basically in flame, electric arcs and the surface of the sun. You need precision machined injection nozzles, high strength vessals and manifolds, high reliability materials and precise process control. The high-speed centrifuges required for material separation would also be dangerous and probably similar to what would be required for uranium enrichment. And he's worried about product liabilities with a flex tech unit failure. How about the danger of a pressure chamber exploding like a bomb? Gads.
SYNI and I think, NSOL are already well down this old small scale road and have yet to achieve profitablity. NSOL is getting a grant from local gov and SYNI I think resorted to making plastic containers to try to reduce their losses.
Established players like SYNM, RTK, IVAN have yet to stop losing millions, they actually have assets and some millions to burn unlike XLp.. SSL in S. AFrica is profitable but they have been doing it for 40 years, have their own coal mine nearby and still have most of the good patents (that work) tied up.
Forget trying to break into a market with such a high barrior to entry at least until there is revenue or assets to support it. I see no reason to buy into this swell idea by somebody with otherwise nothing instead of, say, SYNI, who at least has a chance. Egads.
re: ...toss your shares under the bed ...
Yeah, that's how I think of them now, portfolio dust balls under the bed. Bothering to clean them out would probably just result in a sneeze.
Apologies for not replying to your holiday message a while back but was waiting for my xlpi profits to fund a paid ihub subscription. May be a while... <g> Anyway here is a belated Happy Holloween, Merry Christmas and Happy New Year.
Finished suffering through the shareholder meeting video. Maybe I'll post a few resultant remarks just so it won't seem like it was a total waste of time. Then that will probably be about it until xlpi has some actual new development.
Trying to watch stockholder meeting video via dial-up modem is a torment. It takes about 10x longer to wait for buffer comapred to viewing time, otherwise, it starts and stops every couple of seconds.
The promise of an audio only version has been "pending" for a while now. Beginning to think that "pending" is the primary modus operendi for this company...
Offhand, since common shares are apparently non-voting and no voting issues were discussed anyway it is just as well I didn't incur travel expense to attend in person though it would have been easier to ask questions and make suggestions assuming not all issues of concern were covered in presentation. Now why would I think that? <g>
Thanks.
China doesn't look too bad compared to Venezuela (eesh, did you hear Chavez's recent speech?). Now I'm geeting a little uneasy about his "buddies" in Equador. Bolivia already have written off. e.g. I don't think I'd touch KRY with a 10 foot pole despite its potencial reserve attributes.
At least UCOI isn't in danger of being nationalized. A different set of risks and uncertainties...
re: Its in Australia
Thanks. Silly me. Not awake yet. Sino _would_ be China, wouldn't it? Nippon etc would be Japan.
Thing is, Scottrade couldn't find it in symbol lookup.
Ah, here we are: Yahoo shows SGX.AX with ADR as SIOGF
Still, looks like could have trouble trading it in US should I decide to. Scott quotes also ignoring SIOGF. hmm.
Speaking of Australia and metals I've done pretty well so far with a bit of SRCSF Summit Rsc. Low grade uranium ore but they have a lot of it. Supposedly the Australian government is to repeal or at least relax mining restrictions. Been meaning to check out actual developments on that though the share price movement suggests positive ...
Been trying to watch UCOI and others for a while now, & energy. Drat, it's snowing and forgot about the long weekend. A lot of weather and world events can happen in the meantime...
re: Sino Gold (SGX) (???)
Can find no listing for Sino Gold. What is it, Japanese gold? I wasn't aware of there being any gold mining in Japan.
But, just the same. thanks for the watch list. Some were already on my list (including UCOI of course). And the other related information is interesting.
Auto Show
Too bad XLPI didn't get a small booth at the Auto Show. I bet that they could have sold a lot of Flex units there...
re: STE. Never mind, all fixed
As of 9:15 this morning.
re: STE
Just curious, did you notice whether JAN 3 is missing on the 1 month candle chart in STE?
I plan on trying to go to dual monitors soon and posting your remarks indicating that it can be done have been helpful.
I often run two instances of STE but I have two different accounts, one for each. A little afraid to try two instances on same account. My impression is that it is "at your own risk", once in a while I have had weird problems with STE which I am beginning to surmise could be a result, though generally one can tell right away that something is wrong. They generally manifest as update problems or empty windows. Usually can cure by reloading everything. I don't like to do that though unless I have to, as it means reconstituting my many symbol lists.
It could be that running more than one instance of STE opens the door to it damaging itself somehow, I don't know. In a previous post I remarked that STE seems a bit "fragile".The benefits of running more than one instance outweigh the risks in my opinion. It is a great platform. There are a few minor other bugs but have adopted "workarounds" in regard to user habits.
In the meantime called Scott re: Jan 3 candle missing from 1 month chart. They didn't seem to be aware of any problem at their end but would check into it. Guess I'll call them again tomorrow.
"Hedgefund Seeks Gumshoe"
link to news story:
http://news.moneycentral.msn.com/provider/providerarticle.aspx?Feed=FT&Date=20061223&ID=6300....
Maybe this is what we need. Kind of had an idea like that myself only scaled down a bit to investigate pinks activities for shareholders: e.g. do they really exist as a business, what are they doing, are there employee cars in the parking lot, etc.
Now if we could find one that works for $5 or $10... Or maybe find a guy with a cardboard sign that says "Will Work for XLPI shares"...
Actually, the same guy that comes out every holiday or so in my town wants neither food nor work despite his sign scrawled with words to to the contrary. Though, I suppose, "Will do nothing for money" wouldn't quite evoke the desired response, would it? Almost sounds self rightous. Maybe a more accurate epitome would be: "Will do nothing, but, give me money anyway"
If he's still out there next time, maybe I'll yell out some advice to him "Go start a pink sheet corporation" Apparently at least one of his contemporaries has done so. Keeps them from bothering people on the street at least...
Starting work on my own sign, just in case:
"Will Trade XLPI shares for Food"
Let's see, 1250 shares for a big mac...
Maybe should start a new subject:"What to do with all those pesky XLPI shares" There must be more creative things than wallpaper.
Give them out as xmas presents to youngsters? They'd probably just fly them away as paper airplanes or otherwise lose them. Funny how people with the most time ahead of them tend to be the most impatient.
Oh well. Wait long enough and every stock eventually stops going down. To end on a cheery note...
Happy Holidays to All <g>
re: ...way it's supposed to go
Oh, I see kind of a Cramer style ongoing lightening round.
Well, I guess that it would have been of benefit to drop XRA in there then. If you had bought on Monday @ 1.65, would be doing pretty well today @ 2.05
Could be we got our bounce for now. (out)
IMO, Stock could still do OK long term in the sense that setback is more or less temporary and likelihood that national politics and local economic sentiment could/should eventually overcome local political sentiment.
I'll see if I can drop another one in if I find one though not a lot of time for posting at present.
re: " ...No bugs here "
Maybe you're right. My STE may have had a conflict with some other software. I don't know. At least, it finally wouldn't stay running at all. So, that's a clue. STE is a great trading platform, but it seems kind of fragile. I've had similar problems with it in the past from time to time. Sometimes it just seems to, well, break.
Now that I reloaded and recreated everything, TI seems to be working OK for me. Doublechecked Mon w/ history and it showed #1 count for SYNM right at 9:30am which is what I would have expected. I don't know what caused my problems Monday but they seem to have cleared up for now.
Let's see how I do next Monday. I'll post my config (actually it's a very minimul config) if I still think there may be some kind of problem with using TI on this particular function.
And by the way, thanks for the quick response.
re: "...dropping your new stock in our forum if you think it worthy. "
Thanks but I haven't really formed a firm opinion on it yet.
I consider it somewhat interesting. Created a board to see if anyone else did. First time I ever created a board. Kind of neat that we can do that here.
I visited your forum breifly. Seemed a little chaotic. What is it suppoed to be about exactly?
Right, correction. XNL guy
re: "...Bill...any bones at all for the stockholders? Anything at all going on? Any hope of ANYTHING positive happening"
Actually, at this point, I would like to hear, any news, even all the bad news. It would, at least, restore some credibilty with the shareholders.
I thought that they got the ex-XLM guy on board, didn't they? Of course, XLM is in the tank also. Not clear what he is bringing to the table. After all, we already know how to fail, apparently. <g>
Weekend Bug Still There
For example, why does symbol PNTR start at count 16 for new 3 day high (= from Friday), on Monday instead of count 1? I had filter set at max 10 counts and missed it.
My guess is that TI is picking up false triggers over the weekend on some stocks.
Stock took a big dip last couple of days, however, so did gold and silver. Also permitting has been suspended by local government. I'm thinking that holdup is temporary as is dip in PM. In that case, this could be a buying oppurtunity. Any further thoughts, knowledge about political situation in Mendoza Province, Argentina?
Link to news piece about permitting:
http://biz.yahoo.com/iw/061215/0195410.html