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Just in from PSC clarifying relationships with Golden Dragon.
GDHI, A Note of Appreciation from the CEO
In response to member inquiries, we have been asked to clarify our relationship with GDHI. PSC provides market awareness for a number of companies. We were hired by a shareholder who is close to the company.
Our mandate was to make sure the GDHI story was well understood and communicated to the general public. To that end we had a number of calls with GDHI and consultants close to the company.
We were given guidance on business development by the company and we tried to communicate this guidance to our members. If we twitter or email out that we expect a PR, it is only our take on what the company communicates to PSC. PSC or GDHI can never guarantee that a PR will be released, we can only anticipate. Delays including change of plans and market conditions can affect PR dissemination. PSC always tries to stay on top of a story by trying to "scoop" other newsletters by constant communication with companies. This communication allows to better anticipate the PR flow based on the company’s reaction to our inquiries. Also, we judge the possibility and probability of a PR based on the company’s history when it comes to releasing PRs.
Members can see below an email received by PSC from GDHI. It is clear from the email that GDHI appreciates and values PSC’s efforts.
From: Frank Jose Yglesias Bertheau <frank@gdfbhk.com>
To: info@pennystockchaser.com
Sent: Sun, January 24, 2010 7:27:33 PM
Subject: Short Note of Appreciation
Dear Pennystockchaser Team,
I just wanted to write this letter of appreciation, for the work that your group has done in the last week.
On behalf of Cesar and Myself, we sincerely want to thank you guys for the excellent work you have done. In the past we have worked with different IR firms, only to find a series of charlatans and poseurs making promises and delivering less than minimal results, professionally I had lost all respect for any IR firms, that is, until we experienced you results.
We are truly impressed, with the level of professionalism; this was evident in our conference call when I evaluated the results of individuals that log in to the call. Additional in my Analytics report we have noticed an increase of over 400% in web traffic and an increase of over 225% on new visitors. As an engineer there is nothing more beautiful than data metrics, numbers don’t lie.
I also understand the trust that your subscribers have bestowed upon your group, I want you to know that because we understand this, we will pledge our commitment to uphold these standards, to give value to your subscribers.
We hope this is the start of a long a fruitful relationship, if you need anything or anyone from your group is ever in Beijing, it will be our pleasure to have them as our hosts.
With great appreciation and commitment yours truly,
Frank
Make you greedy when they want to sell high.
Make you fearful when they want to buy low.
LOL!!
Thanks a lot! I'll check them out tomorrow.
Anyone can recommend a live quote site. USAA's quote system is totally screwed up.
Ditto! If it wasn't for PSC I wouldn't have found out about GDHI.
Is that a good or a bad thing?
I wouldn't cancel the possibility that they did their own DD and bought the Thursday (jan 14) before their 1st alert.
Agreed! I wish more undervalued companies did that!
Doesn't seem to have any positive effect on the price which is kinda disappointing.
tis' old LOL... I was looking at the VGPR trade I did back in the PSC days and I saw that I sold it at no less than 0.03 and that was a break even price! Anyways I'm back in at 0.007 and I'll be happy to see a solid gain above the pits of sub pennies... It's certainly trying it's best and it seems like investors still have faith in it.... oddly enough now more than in the not so far back days of the pumpers like PSC...LOL!
GLTA!
I don't think you're sarcastic so i'll say - I completely agree! Nothing that puts you more in the right frame of mind than loosing trades that where emotion driven. CVM was emotion buying but calculated loss when I sold at .98. So glad I did as painful as it is to take a loss.
GL bro!
Oil is going to sky rocket! This company is WAAAAAAAAAAAAAAY oversold.
Should be trading @ $3.00 minimum imo. Took a beating because of negative news.
Let's hope it starts trending upward. It's about time!!!
How high do you think it will go once we break a penny?
Nice action towards the close today!
Excellent day!! Keep in mind that most other gold stocks today got slammed.
0.25 soon IMO! GLTA!
Thanks! LOL yes indeed he does so do I.
I'm mostly a swing trader/long term investor. I started this summer and am basically self taught but I follow some paid subscriptions. Any books that you feel helped you tremendously? I recommend Tim Sykes' An American Hedge fund. It's mostly entertaining but you can learn from his personal story.
He he... feel the same way. Could b a party for shorters on the way down LOL!
There's only so much you can loose but no limit to how much you can gain.
So you're a day trader? How did you learn?
I like how it moving up steadily rather than gaping up. Hopefully this trend continues all week.
GL!
I checked their site. Fees seem to be incredibly low. I take it your overall experience with them is good. I never heard of them before so I appreciate the recommendation.
What is your quote system? My broker's quote system's performance is very poor.
It's flying this morning!
LOL! Agreed :) Apple announces one of their best quarters EVER
and look what happened to the stock.
Goldman Sacks needs to buy more cheaper so their staff day traders are short selling it.
One big Casino!!
From PSC: DGRI, The stock may be quiet but when it wakes up, WATCH OUT,
We are looking for a move past .50
We are going to be buyers of DGRI next week. The stock had a run last week from .144 to .205 in just one session. The pull back to .14 makes this an incredible buying opportunity.
FOR PSC, DGRI IS A “GOLDEN” OPPORTUNITY.
The flurry of buying came as the result of the 43-101 upgrade by the company.
Dutch Gold Updates NI 43-101 Gold Resource at Basin Gulch Property, MT
http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=U-i0582111-U:DGRI-20100129&symbol=DGRI&news_region=U
Atlanta Business Chronicle Profile: Dutch Gold Resources, Inc.
http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=U-i0584572-U:DGRI-20100205&symbol=DGRI&news_region=U
The article blew our minds. Right in the press, the CEO of DGRI values the mine @ $3 Billion USD.
WOWWWWWWWWWWWWWW!!!
The article details the growth opportunities for Dutch Gold, their plans to expand, and explains why the move to an expansion plan is both timely, and feasible. Key points discussed include the following:
Its most ambitious project is a 1,000-acre site in Montana , called the Basin Gulch project. The Montana mine has "proved and probable" reserves of 2.8 million ounces, CEO Daniel Hollis said. "It could be in the top 5 percent -- in terms of size -- of all gold mines in the United States ," Mr. Hollis said. Not only is the Montana mine big in size, it has the potential to be quite profitable. At today's gold prices -- about $1,100 per ounce -- the mine is potentially valued at $3 billion.
Ditto. Not to mention that this year's holiday run was short lived and stopped way b4 xmas.
Sold out at a loss and moved to much faster moving sub pennies. I have it on a watch and I think it will go down to 0.0003 at some point. Not much interest in it now.
GLTA!
I have some faith in the company which is why I held on.
Same dilemma here lol!!! If I do trade out it would be on a most certain gap upward that would clearly allow me to get in and buy MORE shares at a lower price. I was burned setting limit orders on sells because when there was a leg up it surpassed the price by a lot killing a ton of profit for me.
Sounds like sub-pennies are going to be kissed good bye for goooooood really soon.
Wow so glad I bought more @ 0.004!!!
Will def. add more on dips.
GLTA!
LOL posted practically the same post b4 I read yours.
This stock is trash confirmed imo! Manipulators like Delmar come to an end eventually unfortunately for BZCN and the people who bought it. The little I had left from my loss is already doing better elsewhere than it would EVER do in this bull-crap POS.
Sold out of it for a significant loss since I got caught in it when it didn't do the "traditional" run up to xmas. Not touching this POS b4 it touches 0.0002. The delusion and self serving pr's will keep this stock very very lo imo for a long long time!
GLTA!
Sleeping giant IMO!
Don't blame you one iota for sharing the truth. Investors should do their own DD anyway and look for the pitfalls not just profit potential.
My eyes are set on the 40's as well if it finds support there. If not who knows how low it could go from there. Most investor's post seem to state that the company had done an irreparable damage to it's image and that pumps are not taken seriously anymore. I'll keep watching.
Same speculation here. Wondering if it will spike up or build gradually. The later is better but I'd take either. My guess is it will go back to the same level from where it gaped down (1.14) and hit resistance for a while. JMO!
Yeah seems like the stock is a bear in hibernation. Hope earnings will turn it into a horny bull LOL!
It already reached .30 back in Dec. How high do you project it will go if and when it wakes up?
Anyone thinks the stock will pop this week?? I bought Fri b4 the close based on chart action and volume. If it pops over 0.01 what is the target?
It's funny that when this stock was pumped like crazy by promoters it kept going lower... and now that the pumpers are gone it looks healthier. Just an observation.
This should inspire everyone - 6000% gainers are not fantasy world.
Could GDHI be one???
http://seekingalpha.com/article/158077-stocks-with-10x-gain-since-march-room-to-run
Good weekend to all!!