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Hey Clay, would you do one for XKEM? We are anticipating news and I want to know your take on what the chart says.
Welcome back, Klon! Many of us are still long and strong on GLXI.
I want my NH43-101!
Here's what I wrote on the GLXI board earlier this afternoon:
The whole radio thing was a *joke*. Some of us think it might have even been a college prank. Ridiculous. The guy knew less DD about GLXI than anyone here. Actually he barely even talked about GLXI. Mostly it was about Andrea Whathisface (the caller did not seem to have any of the names right) and what he owns and QTTM etc. It was a rehash of part of the crap that's been posted here, but done in the most amateurish, haphazard way possible.
This broadcast does not give us anything to worry about re: GLXI.
Hey guys, analogdog would be on here telling it in his own words but he's been restricted - he is trying to work it out ASAP.
Analogdog did a great job calling in and refuting the misinformation about GLXI (more like non-information) that the joker was trying to convey.) Then John from IR joined in and tore the guy apart piece by piece. Lastly some comic relief from Howard in his best Italian accent lol...
The whole radio thing was a *joke*. Some of us think it might have even been a college prank. Ridiculous. The guy knew less DD about GLXI than anyone here. Actually he barely even talked about GLXI. Mostly it was about Andrea Whathisface (the caller did not seem to have any of the names right) and what he owns and QTTM etc. It was a rehash of part of the crap that's been posted here, but done in the most amateurish, haphazard way possible.
This broadcast does not give us anything to worry about re: GLXI.
I agree 100%.
Lots of private messages being sent to glxi longs "warning" them to get out because the stock is going to tank on bad news. Interpret this how you like.
I emailed John at IR yesterday. Here is the exchange (his reply is first, my email to him comes after):
Dear Sir,
We try to work as fast as we can and we even go over our obligations in trying to inform our shareholders.
We are indeed validating our proven resources since it will allow us to finance part of our activities by leveraging the assets
In 2 months we accomplished a lot, and I believe one of your members will visit us soon; he will be able to see all documentation.
We will publish the information shortly.
Thank you for your support
--------------------------------------------------------------------------------
From: Clem Dane
Sent: Thursday, March 22, 2007 11:28 AM
To: globexenergy@umining.com
Subject: GEO Reports?
Hello John,
I am part of the GLXI investor group called the Locusts and I wanted to let you know that there has been some concern expressed about the fact that you have not released any of the GEO reports on your claims. For right now some people are wondering if these claims have actually been substantiated. I don't mean any disrespect, but I think we really need to have at least one NH43-101 released to reassure us of the tangibility of the claims.
Just wanted to let you know. The rest is up to you.
Thank you,
Clem
The whole thing today is really confusing because guys I like and trust (to the extent I can trust anyone on the internet) have sold and others I like and trust are holding. Not that what other people think and do is ever going to dictate what I invest in, but the locust camaraderie has been disrupted. Don't know who to believe. I'm not going to sell here. Going to wait and see, but this has made me nervous.
Hey Clay, would you mind explaining what the silver cross means?
Such as...?
What patterns are forming? (Wow, does that make it obvious I don't know how charts work.)
Me, too. The fundamentals are all still there. Just don't expect this to make you rich overnight. I'd buy more if I could.
What is an SAR dot? I would definitely love more shares, but I don't have anything I can cash out right now. I did discover around $500 cash in my IRA that I had forgotten was there. I'll see what happens tomorrow and buy accordingly.
Holy haircut, Batman! Why did they suddenly dump? How could this be done by just one shareholder? I don't get it. No money to buy more here. Gonna have to wait for the long term.
Wow, sounds like fun. I definitely loaded up here and I'm up 83%, but I still think we're going higher.
You work for Smith Barney and choose penny stocks for them to buy? I'm not being sarcastic, just wondering...
Sorry, I don't know. Going to see what I can find.
Thanks, it's just 25,000 shares. I might average up a bit more today. Got a bit of quick cash I can sink.
got some at .08 yesterday. Looking to buy more on the dip today. Debating whether to just spend what I have now or see if it dips any farther. Don't want to wait too long and not be able to get in.
What does Smith Barney have to do with vygo?
I know there has been good news on a consistent basis. I'm just frustrated with the (lack of) trading volume and price declines.
Like what?
Would someone invite me please?
You can add my 400,000 to that.
quack quack P&D quack quack!
Stop pumping!
I love how it just keeps drifting upwards on no news...
Barely legal ducks (caution, NSFW - depicts naked ducks):
http://yetanotherblog.typepad.com/photos/wildlife/ducklings.JPG
Hey can someone invite me?
What's holding up the PR on this? When was it closed?
Yeah I guess we should all count our blessings/shares. But yet I am greedy.
Arggh, still have no cash! This is killing me. I want more shares. 98,000 is not enough.
I know I'm getting way ahead of myself here, but I've been thinking about the potential for this stock 5, 10, 15 years out. (Forgive me if all of this ground has been covered. I may be stating the obvious, but I haven't seen it discussed here in a while.)
I am not expert, but I have been thinking about nuclear energy vs. fossil fuels and ethanol and why the former isn't the dominant fuel in the U.S.
I think we can run up to a multi million dollar valuation, maybe even a billion eventually. But down the line if we want to become like Exxon, Schlumberger or BP we will have to win the PR war over nuclear energy. There is a long history of fear of nuclear power in this country ("No nukes!") and for this reason I believe the biggest part of the early growth of uranium stocks will come from overseas. Europe and especially Asia don't have the same "boogie man" view of nuclear power that we have in the U.S. Although this is changing somewhat, we still have a long way to go before nuclear energy is the dominant fuel in this country.
Why it should be is that it is the cleanest fuel available. Even ethanol releases a high amount of environmental pollutants that make it not much better than oil. Coal has a lot of problems, too. If it weren't for the irrational fear of nuclear energy it would be the biggest no brainer of the millennium.
In other words, it's early days for uranium stocks and buying GLXI now could be like buying railroad stocks in the 1850s.
Good point
I love the fact that the unnamed analyst was going to release a report stating they thought the value was at least .80 per share and they don't even have the survey results back! What about in 20 days when they figure out exactly how much uranium they've got? It's got be several times .80, I think.
Also funny that American Bulls gave a signal to sell this at .225 and now they're scrambling to get back in. The page where they talk about it is pretty funny - you can tell how bummed they are. At least they're honest lol.
It's really not fair to take it out on ajcmstocks. He has been given the role of keeping this board on topic and letting people know that we are not actively looking for new picks right now. I know it seems like you were singled out, but actually anyone who keeps posting their new picks here has been reminded not to do that.
We are attempting something pretty specific on this board, to choose picks according to a detailed set of criteria and then work together on them. We only have focus for 1-2 picks at a time.
Someone please invite me!