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LOL, you're a witty soul Bake.
Here's another snippet Zone. He seems willing to explore avenues in creating shareholder value.
... it is an idea that we actually discussed at our Board meeting last week. I had already planned to explore the possibility further and have a discussion with the Chairman when I am in China at the end of April. I wouldn't want to set expectations on
if or when we might do something, but anything that might further
differentiate Longhai and create shareholder value is worth considering.
I received a reply from Steve Ross on my "dividend" email. They're all working hard on the 10K so it took him an extra day to reply.
He said they had discussed doing a dividend in a Board Meeting recently, but, as you said, there are some issues. His exact response was:
"There are particular challenges for a Chinese company with paying dividends"
At least we know they are considering multiple strategies in dealing with getting fair market value for the share price.
What's scary about it, is just what has been authorized? They've avoided dilution very well in the past and they're heading into profitability. Profits mean less need for capitalization. Yeah, real scary, BOO! LMBO
The "trend is your friend". With growing revenue, earnings and a very legitimate CPA this is slowly gaining acceptance in the share price realm. Here's to continued growth in all phases!
It's an entirely different feeling than making trips to the Plant to see what's really going on. We're legit, we're getting info and we're producing.
Congrats to you SIR!
This is the first time in over 8 years Management has been able to work from a position of strength IMO. Consistent growing revenue is coming in from NRG and Pilot Mountain. They have always communicated with shareholders more often when positive things are happening. IMO they've grown a real firm that is entering the growth stage in all phases.
Agreed, here's a question regarding increased plant size:
CC question: Could the NRG infrastructure support a double in throughput capacity. If so, how long a period and how much cost to make the changes? Would the NDEP be willing to allow the increase?
They usually hide after bad news has been PR'd. This time they're doing a just a few days after the 10K. I see the opposite, guess we'll see.
There's question & answer period. IMO, we should list and prioritize questions from most important to least important so we get the most information possible.
*Did they pay for the recent stock promotions and if so, why?
*Will NRG's capacity be increased this year?
*Do they plan on shipping Teddy Boy ore to NRG?
etc
The "hit and run" crew may be gone but the underlying basis for this being a successful stock has gone nowhere. APII doesn't need a bunch of pumpers to tell the story, earnings will do a better job. The engine to create revenue generation still underpins this company in the form of a revolutionary hard drive testing system that is being accepted world wide. Working alongside Agilent is far more important than anything else.
Saw a 30 second Peoplestring ad on TV yesterday. A high energy cheesy young lady telling watchers they can make money using the social media networks. The main reason I noticed it was because of BSGC.
Yup, its about 10K eve around here. It'll be interesting to see if the share price rise & fall mirrors the pre-earnings PR.
Based on the last quarters performance, they'll be issuing themselves bonus's for a job well done anyone, IMO. If they really look at it as part of the bonus for themselves and about $50K for the masses with some upside on the share price, it's not too far afield. They all hold shares and if the share price triples, their personal equity rises far more than the pittance they'd pay us.
Oh well, crazy, but worth a try.
I completely agree with you, I don't expect any type of dividend but it never hurts to suggest options they may not think about. That's one of the great things about being a shareholder, we can throw crazy ideas at em.
That is because Big Board stocks have the income to validate an annual dividend whereas OTC stocks rarely do. However, this isn't a normal OTC security fighting for its existence. Their net is around 3%. One billion in revenue isn't out of the question in the next year or so. They'll roll $25 million net in '12 at the present rate.
The efforts they've made to this point haven't moved the share price, perhaps a dividend would get enough attention to do so.
Just trying to support the ever vigilant GREEK in supporting truth and justice! Got you marked back!
I wrote LGHS today and recommended that they offer 10% of their net income from the latest quarter as a Dividend to share holders.
If they're really raking in $6 million per quarter net and the float is 750K they'd only be giving up $45k to "outsider" shareholders, a pittance. With quarterly dividends and at present prices, it would be 20% annual return, at $2 10% and a the NASDAQ min of $4 a 5% net. Better than a savings account.
Again, here's Zaps link:
Zap's PCFG video link:
Why buy APII?
*Miniscule float
*Revolutionary hard drive testing method, being accepted worldwide
*Huge revenue growth pattern
*High end management
*Grossly undervalued
APII, churning out the short timers and bringing in some new blood. building a nice base for the next move upward.
To the patient go the spoils on APII!
Talked with an Ameritrade Supervisor regarding PCFG shares early last year. I was considering changing to a Margin account from a Cash account.
"How do I keep my shares from being borrowed and shorted"? His reply, a cash account. He gave me a verbal, "if you don't borrow on margin, we won't borrow your shares to short". So I went margin.
I asked him, "how do I know shares in my account are legit and not naked short shares"? He wrote me a letter stating they guaranteed all shares in my account are legit.
A margin account is easier by far for frequent PCFG traders. Again, an account holder that is concerned about having their shares borrowed against and shorted should contact their brokerage and get the exact policy with regard to their borrow/shorting.
As far as naked shorting, no account type protects against that activity.
Yes. The negative to a Cash account is it takes three business days to settle the buys/sells before your cash is available to purchase any securities.
I'd strongly suggest you contact your brokerage and get their policy on margin/cash accounts and shorting procedures.
Putting your PCFG shares up for sale to keep them from being shorted is an old "wives tale". It does not work, period.
If you use a cash account, shares cannot be loaned out for shorting, ever. If you use a margin account they can be loaned out for shorting.
Ameritrade recently issued an update to account holders stating the following.
If you have a margin account and the margin is in use, they will short shares in your account.
If you have a margin account and the margin is NOT in use, they won't borrow shares and short against them unless the notify you first.
Buyins.net supposedly tracks naked shorts. I looked on here last week in an effort to ascertain the reason PCFG was in such a tight trading range. It shows nothing since 2008.
Linky: http://www.buyins.net/tools/symbol_stats.php?sym=pcfg
Ameritrade's quotation system is completely screwed up lately. For several days LGHS periodically showed 0.00 for both bid and ask. It's so comforting (heavy sarcasm) to question the veracity of their bids & quotes.
It wasn't you LMPA that the 8K remark was referring to. It was definitely another poster!
Nice work pointing out the Tweets from PCFG!
Why would PCFG's Management encourage and accentuate via social media a Research Report after such a long period of silence?
Why are they seeking additional media attention prior to the release of a 10K? (an 8k for the confused)
Does it mean they are very confident in the work they have put in and progress they have made at Nevada Rae and Pilot Mountain in the last quarter?
If things were going as poorly as some suggest, wouldn't they want to maintain their silence and deflect the additional attention on what they're about to reveal?
Perhaps things are better than we're being told.
Very nice day here with Ask action at the close. I'm blaming all this upward momentum on the GREEK who never sleeps!
8K? you're WRONG, its PCFG's 10K year end report that is due on Friday. There's a big difference between these two reports. Here's the difference:
http://www.sec.gov/answers/form10k.htm
http://www.sec.gov/answers/form8k.htm
Did you say gold production? Nice of you to ask. Here's PCFG, in the act of producing gold. It's their ore, their facility, their manpower and their equipment.
The hottest new gold trend in Nevada
This is where PCFG's Nevada Rae mine and processing plant are located!
To the south of the Battle Mountain-Eureka Trend, experts believe they may have discovered a new band of gold deposits that may eventually rival or even surpass the famous Carlin Trend.
They call it the Cortez Trend.
This area is named after the recent Cortex Hills gold discovery, now owned by Barrick Gold (NYSE: ABX).
Cortex Hills is home to 14.1 million ounces of gold reserves — worth almost $17 billion out of the ground at today's prices.
The Cortex Hills mine produced 518,000 ounces of gold last year at total cash costs of $510 per ounce. This year, Barrick expects production to more than double, and to cut total cash costs by as much as 42%.
Some new interpretations of the Cortez Trend have caused many experts to believe that it may be the next Carlin Trend-sized region.
But what's different about this trend is that instead of just major companies controlling the best land positions, a host of junior mining companies are staking highly potential claims...
http://www.wealthdaily.com/articles/the-worlds-hottest-region-for-gold-exploration/2610
Watching the twin screws extract & throw small aggregates and knowing that those weren't entering & clogging the geo-tubes was my favorite video of the year. It was watching the refining of PCFG's gold extracting process in color. Beautiful.
Spot on post. PCFG management has learned more about the mine, the reserves, their ability to process ore and glean gold in the last three months than they knew in the previous 8 years combined. This quarter is the start of a whole different company. One that has earnings.
Accurate post. Three trucks rotating and hauling ore to the stockpile even through the lunch period the two times I watched. The plant can process more ore than they can haul with the current hauling equipment setup. One glance at the change in the stockpile size from Sept to Feb tells the whole story.
I highly doubt much production was happening before December. In three video'd visits to the production plant/mine there were no belts turning moving ores. Fourth quarter will be little to no production. They were putting all the new equipment into place and prepping for this quarter.
Current quarter is the catalyst for price appreciation. They've implemented all the new equipment, geo-tubes, twin sand screws, the Knelson bowl, the new concentrator and belts are loaded with ore and moving. This quarter we get to see some real production results and a real look at our future.
This week we have higher volume, a 10K due out and potentially guidance on what they are producing. Sizzling shorts!
Don't forget to mention that those shares were issued for money the received via lone from one year ago Nobody. Please post accurate information.
Ref:824125389 up dated on friday. 45 million increase in 1 month