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LOL, that will not change anybodies decision lol. Think about all the plastic that all goods are packaged in at stores. Grocery bags as well. This does not effect RSPG whatsoever.
Very impressive background. Well since we dont have a .12 buyout I believe this guy has the experience and the know how to bring whatever it is into this and make it go to .12 if not higher.
Maybe they have something better up their sleeve?
I think something great is about to happen here imo, just a hunch....Especially seeing we have proven management on our side now, finally!
Looks like the chart formed a cup and handle formation and is now breaking out of the formation by making new highs, very powerful to say the least.
I couldn't have said it any better Frankie. Get the party arrangements set for $5.00, we will be arriving shortly
A look at some historical Gold Plays and their massive moves higher:
Minas: $3.15 to $31 - UP 8.8 TIMES
Kinross Gold: $1.40 to $12 - UP 7.5 TIMES
Lihir Gold: $5 to $59 - UP 10.8 TIMES
Tanzanian Royalty: $1 to $8.25 - UP 7.2 TIMES
Will RVNG be next? By the looks of things thus far it is on the right track imo
Gold is just so hot right now and the place to be, some gold stocks are seeing $2-$4 moves in just one day, amazing.
http://www.tfnn.com/gold.php
Yes, very nice. I just actually read that on the yahoo board. There are so many things occurring with this company that it's tough to keep track of everything. I believe this is going to turn into a very profitable company as we move forward.
Can't short penny stocks here in the U.S. many are done overseas. Hence it's not highly regualted and why there are what they call naked shorts. These are shorts that dont even borrow the shares, but are still allowed to short the stock. I believe there is a massive naked short position in this stock of 5M+
He will most likely get a margin call as it continues to rise. The higher it goes the more it deducts from his account until he covers.
Keep digging, your getting nervous aren't you? You should have covered on dip to 1.20 range now your in deep to say the least. Since when do pennies trade at value anyway? This is not the Nasdaq lol
The stock market looks ahead 6-12 months. Did you read that??? and 300 tonnes/day 6 - 12 months from now yields a share price of $5+ so thats where were headed now. GLTU as Raven continues to DELIVER.
Seems like little resistance to that area so we shall see....
The 5M+ short feleing the pressure. Look for more negative/bashing to occur on this board as we go higher. That large of a short will try just about anything as they feel the pressure of the imminent move to $5+ imo
I called it lol. No wonder why the bashing. Just as I thought. I believe 5M+ short, going to be a huge squeeze folks seeing that Raven now producing the goods
Great news. Would be nice to hear something from the company here shortly as well.
Waiting patiently for the financials to be completed at Capco. The wait will be well worth it imo. I believe Pyramid going to be a big name company to reckon with here going forward.
I personally see true fundamental value here with what Raven has in reserves. Like I have been saying before the stock market looks forward 6-12 months in advance and thats how it prices a stock. So if Raven is capable of producing and delivering 300 tonnes/day of gold with the price of gold hovering around $350 then that would definately value RVNG at $5 or more. That's not taking into account the strong technical aspects of the stock.
Read This!! Raven $1.1B Buyout coming??
http://www.investorshub.com/boards/read_msg.asp?message_id=20957181
Yes he missed his chance to cover on the dip so is now in panic mode as Raven is on track to reach is fundamental value of $5 or more considering the 300 tonnes/day gold reserves and technically looks so very strong with all indicators pointing much much higher. Raven has produced in delivering their gold as they drill and continue to drill. And shorts did not expect this and are now in deep trouble, especially seeing that there is about a 5M+ short position here.
I think your missing the point. Raven HAS DELIVERED already. They have DELIVERED the goods, meaning GOLD yes GOLD. First shipment already made. gobbesh? And with 300 tonnes/day potential reserves this stock is easily valued at $5 or more especially with gold trading over $350
Becasue he's a naked short himself or working for the 5M+ shorties and getting 10 cents a post LMAO
Wonder if Raven will be next to be approached to merge for a price tag of $1.1 billion!!!
Adjacent to the La Currita holdings, Palmarejo recently merged with Coeur d'Alene Mines Corporation and Bolnisi Gold NL, in a transaction valued at approximately US$1.1 billion, creating the world's leading primary silver producer.
The La Currita Groupings includes 4 mines, a 300 ton/day operating floatation mill and stockpiled ore. That is HUGE!!! Like I said earlier the stock market looks out 6-12 months ahead. In doing so RVNG could fetch $5/share with such large reserves.
I see eveidence of that large 5M+ short starting to cover some already. Boy did they get caught with their shorts down betting on Raven not coming through/producing. Well they are and they are even beginning their deliveries.
What a great play all around. Both Value and Technical, just amazing.
And to answer your question. I am not answering your questions becasue I dont communicate with shorties as yourself.
Happy 4th to you as well. Yes, it's definately nice when a company delivers and catches shorts off-guard.
Keep bashing. I would too if I was short like you. You need to learn TA so that you would have known to cover on that pullback to 1.20 area; Now it's too late. New highs are on the verge as that double bottom formation is very bullish and we are seeing the follow-thru from that now. There are clear signals that a 5M+ short could trigger a $5/share stock price now. I would be bashing too if I was short, but those here are much smarter and see the value in gold right now and the HUGE gold reserves that Raven does indeed possess.
HUGE short position starting to feel the squeeze? I was hearing a 5M+ short position can push this higher that $3+ I am now hearing possibly even $5 like someone I believe mentioned yesterday. I found that hard to believe, but after asking a reliable source of mine; such a huge short position on a low floater such as this can apparently be enormous!
Thats what is reported. There is a huge amount of naked shorting and you must be one of the nakeds? I say 5M+ are short imo.
You shorts should have covered on the pullback to $1.20 area. Learn how to read charts next time. That was a simple pullback and it formed a very bullish formation at the same time: a Double Bottom. Now instead of covering correctly when you should have in the $1.20 range, you will be covering all the way to $3+ Technically the chart is one of the strongest/bullish I have ever seen in my 10+ years of trading.
Another basher, like i said earlier I believe we have a 5M+ short here and hence all the bashers showing up now support my belief. They are getting scittish as the price is approaching the old 1.73 high. A break of that will cause a massive short squeeze above $3 very easily imho.
Agreed...I believe we may have a 5M+ short position here too. How silly could they be seeing all the gold reserves that are present on Raven's property and that deliveries are already commencing. Maybe they thought Raven wouldn't come through and produce the goods, but now they have and shorts will be scrambling hard =)
You must be short petermic. Seems like you like to bash and short stocks....
http://www.investorshub.com/boards/read_msg.asp?message_id=20646665
I would advise covering before you our under water heavily. Huge Gold reserves here 300 tonnes/day and getting shipped as we speak.
Don't forget the stock market is priced 6-12 months in advance. And with this huge amount of reserves it could easily trade like i said earlier at $3+ and be justified. They have already begun shipping, which us HUGE. These are new developments and the market is just seeing them and pushing up the price as I said 6-12 motnhs in advance the market projects. With delivering 300 tonnes/day in 6 months their revenues will be huge, seeing gold priced over $350 as it currently is.
That is incredible, capable of producing 300 tonnes/day!! With gold over $350/oz. that is huge money that Raven will be realizing. The share price will soon reflect this incredible potential in revenues. It could easily trade over $3 and have the fundamentals to easily support such a price with those type of reserves.
Gold prices making a huge comeback today too. Here's the headline I just saw:
"US gold ends near $660/oz on dollar, security fears"
I believe RVNG will definately bust through $2 as it looks very powerful coming off that double bottom and seeing the price of Gold coming back on a tear as well.
Yes indeed, great accumulation occuring at .02
Thanks for that short ratio info. If that is the case and there are some nice developments then yes there would be a nice run indeed. To $5 though? I guess we shall see.
Yes, I noticed that double bottom as well, and to see volume to the upside after such a formation is very positive. I believe the break of the previous high will definately occur and will result in an increase of volume on the brakout and move this over $2 hence why I say, wake me up once we're around 2.40 as thats where the fun begins This definately feels like a huge play when considering that the technical outlook is fantastic, as are the fundamentals. Can't wait to see more developments announced....
Let me know when it hits the $2.39 please!!
Interest is back here and ask side thinning very nicely. I believe we'll see .03+ shortly.
I just noticed that we have a message board on yahoo in addition to other key features as is availbale to Nasdaq listed stocks....
http://finance.yahoo.com/q?s=trby.ob
Not many OTC-BB listed stocks have all these features available. Could we assume from this that we are going to be moving to the next level? or be dealing with other companies who already are?