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Sometimes right,the main culprits are the Hedge funds. They act in packs and are unrelenting when they attack their prey. The problem for them is that the once abundent game are no longer as plentiful. They have to make profits and the time is fast approaching when they will start eating each other. Bloombergs peice on phanthom shares was interesting in that wall st even allowed it to be aired.
Jim Rogers comments on the sub prime lenders was frightening. I think we have been given notice that the bubble is about to burst.
The only way to win is to produce revenues and profits. The hedge funds that are shorting this stock will spin everything negative. Listen to what Cramer says about the tactics of hedge funds,an honest blurb by him.
2C,will this merging and consolidation news be available before the 10Q is out. We all know the quarter results won't be out till probably the middle of may. Thats another 2 months away. In the meantime what can we look forward to,as regards news in this interim period.
Will the dividends be assigned before this time. If so its then logical to propose that they would know the full extent of dilution at this time. So i guess the real question is,will we have our dividend before the end of this interim period?
I think we need to know what they have in mind regarding the merging and consolidating going on.
Thanks again for sharing your knowledge.
Just shares outstanding after financing,will do for now 2C. I 'am not to worried about production because that will ramp up all in good time.
SHARES OUTSTANDING SHARES OUTSTANDING SHARES OUTSTANDING SHARES OUTSTANDING SHARES OUTSTANDING SHARES OUTSTANDING SHARES OUTSTANDING SHARES OUTSTANDING.......... PLEASE.
Thanks for the info DOS and others. Its been a stressful year so far. They start producing and the stock tanks. Looks like this ship is getting back on an even keel. I hope the financials address all our questions. Also glad they mentioned something about the dividends.
Just saw your post cfpjs,thanks for sharing. I'am still hoping for the best,the company needs to provide more specifics regarding O/S shares and terms of financing. The financing is acting like a death spiral for shares.
Martin doesn't know the O/S and is not even going to find out for us. Thats a red flag i'am afriad 2C. At least Parkin had enough sense to know these details.
Looks like somebody knows what the O/S and financing terms are because they are dumping.
Well it looks like i will have to chalk this one up to experience. I will hold what i have,i will not be putting any more of my money into Pink sheet stocks again.
I will only buy real gold and silver from now on.
This management just doen't know what they are doing in keeping their shareholders informed.
WHAT A ShAME. You did your best 2C,thanks for your efforts.
Thanks righty,hope larry can pull it off. My worry now is the gray sheet problem and how soon we can be trading on the pinks again.
Righty,looks like larry was surprised as much as the rest of us. Does he have the downpayment to complete the process of getting Dalian restarted?
Why is he meeting with lawyers? Meeting regarding the SEC or meeting regarding Dalian.
Seems longest email he has ever sent,which is encouraging.
Good assessment Kermit,Larry now has to convince the SEC not his suffering shareholders. Has EQBM stopped trading in frankfurt as well. Another ploy of the NSS to steal hard working americans,money.
Simple answer i would think:-
Inefficiencies in mining and not enough profit to be gained processing the tailings,until now.
Current cost to process ore per ounce now around $217,with profit in the $300-400 per ounce range,makes complete sense to me.
I tried to get some at 4.2 cents,jumped stright back up. This could be the play of the century if they get their act together. If i have been scammed,got to admit these russians have got to be the best.
Hey i confess i bought around 20 cents,what would you have me do?
I knew it was a speculative buy when i bought in. I added at 10 cents and have added more today. If it drops to 2.5 cents i will increase my investment fourfold. Yes i may lose every cent i have in this stock,its a gamble.
I only wish the Russians would get their ducks in a row faster. I think by the end of May i will know if i have won or lost. Whats another 3 months.
The SEC lost credibility a long while ago. They don't go after the real crooks.they go after email spammers,unbelievable.
All the spamming,didn't help the stock. So where's the beef.
So no trading for 10 days. I'am happy enough,may give larry time to get everything in place.
WASHINGTON (Dow Jones)--The Securities and Exchange Commission halted trading in 35 companies Thursday as it stepped up efforts to protect investors from market manipulators who use email "spam" to hype investments in tiny microcap companies.
"Operation Spamalot" will target an estimated 100 million spam messages sent each week, the SEC announced. Its chairman, Christopher Cox, said the operation will crack down on emailed invitations urging investors to "ride the bull" or make "fast money."
The SEC's announcement followed the halt in trading of shares in 35 Pink Sheet companies said to be featured in repeated spam campaigns. The SEC cited questions about the adequacy and accuracy of information about the companies.
Spam messages can trigger sudden rises in stock prices and trading activity, but the stocks can plunge when the perpetrators sell their shares and stop the spamming, causing investors to lose their money, Cox said at a press conference here. Mark Schonfeld, head of the SEC's New York office, estimated that investors have lost tens of millions of dollars in the past year alone on the 35 stocks subject to the trading halt.
SEC officials have long recommended deleting such messages. Under the new push, the agency is warning investors to steer clear of such stock tips and plans to take aggressive steps to curb the spamming. More trading halts and lawsuits targeting promoters are likely, agency officials said.
"There will be actions to follow," Cox promised.
The 10-day trading suspensions will run through March 21, and affect the following 35 companies: Advanced Powerline Technologies Inc. (APWL), America Asia Petroleum Corp. (AAPM), Amerossi International Group, Inc. (AMSN), Apparel Manufacturing Associates, Inc. (APPM), Asgard Holdings Inc. (AGHG), Biogenerics Ltd. (BIGN), China Gold Corp. (CGDC), CTR Investments & Consulting, Inc. (CIVX), DC Brands International, Inc. (DCBI), Equal Trading, Inc. (EQTD), Equitable Mining Corp. (EQBM), Espion International, Inc. (EPLJ), Goldmark Industries, Inc. (GDKI), GroFeed Inc. (GFDI), Healtheuniverse, Inc. (HLUN), Interlink Global Corp. (ILKG), Investigative Services Agencies, Inc. (IVAY), iPackets International, Inc. (IPKL), Koko Petroleum Inc. (KKPT), Leatt Corporation (LEAT), LOM Logistics, Inc. (LOMJ), Modern Energy Corp. (MODR), National Healthcare Logistics, Inc. (NHLG), Presidents Financial Corp. (PZFC), Red Truck Entertainment Inc. (RTRK), Relay Capital Corp. (RLYC), Rodedawg International Industries, Inc. (RWGI), Rouchon Industries, Inc. (RCHN), Software Effective Solutions Corp. (SFWJ), Solucorp Industries Ltd. (SLUP), Sports-stuff.com Inc. (SSUF), UBA Technology, Inc. (UBTG), Wataire Industries Inc. (WTAF), WayPoint Biomedical Holdings, Inc. (WYPH), and Wineco Productions Inc.
The bottom is only 5 cents away DOS. I am buying now,if it goes down lower i will continue to buy. I am convinced AURC have got the goods,easy money if proven to be true.
I hope everybody will participate in the survey. Thanks.
Thanks cfpjbs,just sent my eamil to matt as well,i hope others follow. This sort of abuse should be reported by all.
Thanks sometimes. I am in the process of emailing Matt regarding this fellow and his statement regarding being a fraud securities expert. I think all longs who value this investment need to do the same. This is pure maliciousness,and should have no part in an investors forum.
All should complete the survey that you have kindly set up.
ibreken,don't worry your on the list.
Sometimes right oraganise a survey and lets get rid of this guy. Matt needs to know about his last post. I want to know this guys name so that the company and investors can sue him in a class action suit.
Thats it lets get a survey done to get Mr Howard off this board. Now he is saying AURC is a fruad. Its one thing alleging it could be,but when he states he's a securieties fraud expert,enough is enough. 2C or one of the other moderators need to inform Matt to have this person removed now. This is an investors forum not a fraud allegation site.
Only 2 pinkies i own,my other stocks are doing very well,thanks for the concern. Notice the pinkies are both gold stocks,i will double my money on both and you can take that to the bank. I'am accumalating AURC,because i know i'am on a winner. Stock prices never tell the true worth of a company. All the winners i've had have been rollercoasters,but i pride myself in getting winners. Thats why i'am still in the game.
mgregoryh,thanks for the great job you have done,keep up the good work. I am waiting to buy even lower. The video 2C produced is worth a gamble at this point. I am certian i will double my money by the end of the year. Thanks again bashers,i love you all.
DP you are the best!!! Never in my wildest dreams did i imagine i could buy at these prices and lower. Cheers mate,lol.
Thanks for the cheap shares,folks. Why anybody would sell at this price is beyond me,keep bringing it lower MMs.
My only reservation is that the company realises that the promise of reporting for the quarter,needs to be forfilled. Looks like it will follow NWOG below 5 cents. I will continue to buy. They have to deliver on the financials,this should now be on top of there agenda.
Reasons to hold:-
1) They probably will reach their stated 10000 ozs per month this month.
2) With spring time coming the new machinary will be on site in the next 3 months or so.
3) Should have financials before the end of April.
4) Gold should break $700 within next 3 months.
5) The housing market is in serious trouble.
6) War with Iran is a real possibility.
7) China may attack Tiawan this year.
8) This is the cheapest gold play out there currently.
9) We will find out that the outstanding shares will be less then 300 million.
10) They will announce a cash dividend of one penny for the quarter.
11) The 9 billion in commodiety assets grows to 12 billion.
12) They win more mine tailing sites.
13) They merge with Stargold with a 3-1 share exchange and move to the NYSE.
I like this lady,i wish she was running the company. She understands the need for communication.
2C.i'am all up for Bear hunting but i hope i have more then stones to kill the Bear with,when the time comes. I would prefer a granade or two.
I can understand religeon needing faith,but in business we need hard nosed facts.
Just a thought,am i mixing the Audit,Salinokov talks about with the financials. Then tell us what information we can garner from an official audit regarding Krong that we don't already know about its reserves. What does this audit cover?
First quarter of 2007,thats means financials for this period will probably not be available until around the middle of april. Thats a lot of time to wait for infomation that is currently available i.e the share count and the terms of financing.
Yes you have a point regarding the dilution connected to the receivership of assets balancing things out,but i want to know what sort of balance it was. Is that asking a to much from a seasoned investor.
The terms of the finance are also known,not divulging pertinant information regarding this smacks of some sort of coverup.
The stock price has been hit hard,now is the time to get out the bad news regarding dilution,then the stock can then move forward with all the information available to investors. Tell them to get the bad news out of the way 2C. I will not care if the stock price falls another 3 cents at this point. They might be surprised the stock may just move up.
All i want is the basic information:-
1) What is the current share position?
2) What are the terms of the financing?
2Create you have done a wonderful job promoting the company.
However the simple questions are not being answered,such as
How much share dilution was required to buy Krong?
What is the share dilution for the worst case scenerio regarding the financing?
Has Martin Grancharoff have any connections to Momimpex?
Just frustrates me that these questions are being swept aside.
Yes the financials would answer most of the questions but we have no timeline for their release.
Also what ever happaned to the dividends,yes i know the financials need to be completed first.
I know this could be the best investment i ever made,but with the lack of information i am flying blind. It is not a nice feeling.
Two aircraft carriers plus all the other ships comprising its entourage add them to the six minesweepers in the gulf,doesn't seem like a holiday outing to me.
Then a diversionary tactic regarding talks with Iran and syria,looks like the US and friends are ready to strike.
Probably will go below 5 cents before rebounding sharply. So a good time to take a position now,anywhere close to 5 cents. Just waiting for some funds to clear myself,so i'am hoping it hangs around here for awhile.
Too early to call a bottom. Probably another 2 weeks around this range. Then take off!!!
Looks like its heading the same way as NWOG. Some basic questions regarding share count and financing terms,still not being answered. The shorts always somehow get the answers while the longs continue to express these things do not matter,
Not bashing just want the simple answers that management should have at their finger tips.
2C,could you ask any contacts you have with the company what the current outstanding shares are after the Krong aquisition. Also what the share count will be after the financing is fully covered. Thankyou for all your efforts to keep this investment transparant.