Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Aside from the increases in revenue and net, here's a favorite statement, in bold:
Mr. Steven Ross, Executive Vice President of Longhai, said, "As the newly opened steel wire facility continues to ramp output, we expect to see continued year-over-year improvements in operating results throughout 2012. Although current production from our new facility utilizes the same raw material as our other production lines, over the next two quarters we expect to transition to higher quality steel wire to enable us to produce high quality and high margin products. We will continue to keep our shareholders updated on company developments."
FWIW, LGHS, a Chinese steel company just placed a pre earnings announcement with vastly increased margins. Their current PE is around 1. They have tripled the size of their plant this past year and the production results are coming on line. They have quite a few U.S. managers and are one of China's larger producers of steel cable. May be worth a look.
Chart update for today showing money still coming in by indicators MFI, ACCUM/DIST and CMF. It's not flowing in heavily but very steadily. ACCUM/DIST looks great and MFI is turning up. You're spot on about the volume, it's down. It's always pretty natural to loose volume after a big run like we had.
All I know about the UofA is they are testing optics and polymers for LWLG. Can you be more specific as to what we're waiting for from them? Thanks.
For the past several weeks someone has placed a huge buy order on the bid at $1.80. Whenever it's hit, the size of the order is revealed.
Today at $1.81 they've had a 600 share order all day. Doesn't matter what hits it, it doesn't move so it's an AON sucking more shares.
About once a week, someone will do a raid and pick off asks from $1.80 up to about $2.00 and then they let it settle down into the low $1.80's again. They're patient but consistent in buying shares. It would be nice to get some news in the next few weeks to see
where we sit with a contract.
Nice buy price IMO. This should be an interesting year for this company and its technology.
Interesting Email from LWLG to a Yah** poster named LWLGplease:
From: s.cordovano@gmail.com [mailto:s.cordovano@gmail.com] On Behalf Of Steven Cordovano
Sent: Monday, February 27, 2012 5:10 PM
I appreciate your concern, but believe them to be somewhat displaced. First of all, you seem to only be defining progress by the stock price. We define it by what is going on internally and we see enormous progress. We can only report things when we can for instance the recent announcement of Perkinamine Indigo. We believe this is game changing technology that no other company that we know about has been able to achieve.
Dan, the company is being managed for the long term not for the short term gyrations of the stock price nor to placate the frustrations of people who have been in the stock for a long time. Contrary to what some might believe, the team knows how to get this done and the recent additions like Fred Leonberger and Lou Glasgow speak to that. They have only recently come on board.
We have discussed the revenue question ad nauseam but suffice it to say that we still believe it could materialize any day. As far as our investor base, we are attracting a lot of new shareholders who see the the opportunities that are developing. For them the wait will not be that long.
Steve
It all depends on your whistling skills as to how soon people return. Pucker up and practice.
This has come off a double bottom and the Bid & Ask looking much stronger and ready for a move up.
Mornin' Toucan!
I love MFI more than RSI and as much as Accum/Dist. It's a pretty direct indicator of where the price is headed, IMO.
Bollies are tight, somethings got to give shortly.
Back at ya!
Ref:So an All Or Nothing order placed through an MM negates the requirement to show the actual amount? Correct.
They have to list all the bids that are the same price as the highest bid and all at the same price as the lowest ask.
If a MM has the lowest ask, they don't have to list other asks. Same for the bid, if they are highest, they don't have to list other bids they may hold.
We have two 5000 shares orders at the ask and the MM's don't have to list the actual size on an All or None order -AON. They are simply required to list them as 5000 shares. Too bad, as we don't know whats there.
THANK YOU!!!!!!!!!!!
Foxy, Nice find on the production info from BULM this weekend. We've got a producing miner!
41% of all the days trades happened in the last 6 minutes of the day and were 99% buys. Looks like someone is still accumulating to me.
15:59:35 1.92 800
15:59:31 1.89 500
15:58:32 1.85 100
15:56:46 1.81 100
15:56:04 1.94 6887
15:55:57 1.94 8000
15:55:55 1.94 4000
15:55:53 1.94 2000
15:55:51 1.94 1000
15:55:49 1.94 500
15:55:43 1.92 2500
15:55:40 1.91 4000
15:55:31 1.91 1000
15:55:26 1.91 1000
15:55:22 1.91 1000
15:55:19 1.91 500
15:55:11 1.88 4648
15:55:10 1.88 3600
15:55:05 1.87 500
15:54:58 1.84 500
15:54:47 1.84 500
15:54:43 1.84 4000
15:54:37 1.84 4100
15:54:33 1.83 1000
15:54:21 1.83 2000
It was a 30% larger .0165 wall yesterday, it's shrinking!
I think the pile is much shorter on the north end, more compressed on the north end and deeper toward the west. It is still a large pile but a much different configuration. As for the trailer, still in the same place. There is a lot of room to the west to build the pile.
It almost looks like a lot of work is going on at the site.
You're right, step out plans keep shares from being dumping into the market and support price growth. Nice find.
Nice job of eating through the .0162's. Up next .0164's. RSI, Chaikin Money Flow showing some strength.
Morning TOUCAN!
We could use a bit more action. The product is still very needed in today's society.
Hey fox, I really question the efficiency of markets when we're priced this low. Absolutely amazing.
You da Man Zap. If you listened very carefully to the video you could hear cha-ching in the background.
No problem. Good luck to you.
They're welcome to buy the 1.8 million sitting at .0165! Very welcome.
Ref:"We are in production, and that changes the metric substantially"
Amen Brother, preach on!
294,600 at the Ask, is that someone here buying big. New Ask price is .0165.
Hey rocco2, sadly, it's typical OTC games. Push the share price down until it's grossly undervalued and then run it up. Short it down and buying back up to get maximum movement.
.03 on actual gold reserves. Note, no hard reserve number has been provided for the B&B properties to my knowledge. That number would obviously push our value up significantly.
I'm simply trying to point out the inequity of some posters statements when they say we should drop in price. We are already UNDER valued not OVER valued.
By the show of hands, how many here are expecting big income numbers for PCFG's 2011 4th quarter.
Hold tight please while I count the hands.................. OK thank you. I count zero hands expecting a large fourth quarter.
By the show of hands, how many here are expecting guidance for this quarter and year in the upcoming 10K or an accompanying press release?
Oh my, there's some hands, too many to count. I guess that expresses the sentiment of almost everyone.
Last question.
Why are other Jr. golds that don't have any infrastructure in place, don't have a mining plan, permits or licenses and barely have an assayed property considered more valuable than PCFG?
Based on our assayed gold assets, we are worth over .03 cents per share. We're about 100% undervalued just on mineral assets yet some keep telling others how overvalued we currently are.
Sheeesh, give me a break.
Here's the link to the interview for those interested:
http://smallcapvoice.com/blog/2-29-12-smallcapvoice-interview-with-sibling-group-holdings-otcqb-sibe
Small-Cap Gold Miners Repeating 2010 Rally
GDXJ is posting strong returns so far this year
Feb 28, 2012, 12:50 pm EST | By Michael A. Gayed, Pension Partners
“I see a lot of patterns in our behavior as a nation that parallel a lot of other historical processes.”
– Maynard James Keenan
With risk assets moving ever higher and more and more investors believing in the reflation theme I keep stressing in all of my writings, I wanted to provide yet another piece of confirming data to the idea that we could be up in a way similar to 2003 and 2009.
I did a segment on Bloomberg’s Chart Attack with Matt Miller addressing this. Across the board, market internals continue to suggest inflation expectations are rising, with gold participating in that. I continue to believe that while gold can go up in such an environment, the odds of outperformance in equities are likely higher given the overall level of bearishness still in stocks.
Click to Enlarge The Market Vectors Gold Miners ETF (NYSE:GDX) is performing well, and the Market Vectors Junior Gold Miners (NYSE:GDXJ) really is rocketing higher. Take a look at the price ratio of GDXJ relative to GDX. As a reminder, a rising price ratio means the numerator (GDXJ) is outperforming (up more/down less) the denominator (GDX).
Think of GDXJ as the riskiest and most volatile segment of the gold mining industry. Given lower liquidity, higher big-ask spreads and smaller size, the Junior Miners ETF tends to perform in a more exaggerated way than larger miners such as Newmont Mining (NYSE:NEM).
I have annotated the chart to show the similarity of outperformance in the Junior Gold Miners ETF to the way it looked in the second half of 2010 as the QE2-induced rally began. If you remember that time period, there was a significant and consistent move higher in risk assets. The environment looks quite similar to that now, and Junior Gold Miners appears to be anticipating that such a move still is early.
http://www.investorplace.com/2012/02/small-cap-gold-miners-repeating-2010-qe2-rally-gdx-gdxj/
Bid's creeping up, the ask is moving up and thinning. At some point peeps are going to have to realize the significance of this technology.