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How about Corey Sandbag's performance thus far? Two months ago he was 95% there in getting current. He clearly has no clue as to what he is doing.
The only shot at any real money here will come in terms of another pump.
Corey needs to stop with the conference calls. His rambling tacit admissions of him frankly not having a clue as to what he is doing are embarrassing and damaging to the stock. His presentation skills are pathetic and one can only conclude he comes off as poorly when approaching other potential investor entities.
Why no information on revenue verses expenses to date on the operational mine? If the numbers were good he would be reporting them. The only possibility of this stock going higher is another pump. As it stands, the assumption of this being a real viable business operation requires a complete and total suspension of disbelief.
If the present trajectory of AFYG conference calls continues as expected, we will see a flag semaphore presentation from Corey from the deck of the Titanic in July.
All the indications are there pointing to share holders who know this isn't going anywhere and are desperate to sell out at a higher price.
Normally that would be included in a conference call.
If there was indeed good revenue coming from the mine he is negligent as the CEO in making that public. In his defense I don't believe there is good revenue coming from the mine.
As a wise man once said in a moment of honest reflection.......... "Probably the "time out" this ticker needs, too much "next week" talk for 2 months. No one believes it anymore."
And yet he has time to tweet,
Affinity Gold Corp. @AffinityGold · Jun 21
Gold Fact: Nearly all of the gold on Earth came from meteorites over 200 million years after it formed. #AFYG
Well with the stop sign still applied despite your prediction regarding the prom dress, I trust there wouldn't be any non public information as a result of phone contacts so they couldn't amount to much.
I haven't seen anyone interested in failure here, more like an admission of reality.
Why doesn't Corey offer a public explanation instead of saying he's 95% there weeks ago and so far nothing? I get the impression that he is faltering because he has never done it before and has no idea what he is dealing with.
I don't understand the implicit trust of Corey. What has he ever done (specifics please) that is even remotely comparable to what he is attempting here? He has been involved with AFYG for years and to what success? Based on his past performance it would seem mistrust would be the order of the day.
Glad to hear the concession that a large long time share holder dumped into the pump which what I said at the time while many were shouting shorts! shorts! What did he know about AFYG that led him to do that?
Well I sure hope everyone makes money but I see it as highly unlikely with this one. Now this comment is not directed at you but every time I have heard someone say they know a stock is going higher, especially in the face of all reasonable indications, they were sellers.
Regarding AFYG....
A fact is something that exists or has already happened.
Empty unfulfilled promises are nothing more than fantasy.
A six month steep downward trend in a stock is hardly a paint, I don't care what the float is.
I was on the phone with Warren regarding the Coke deal.
Fact 1. Share price is reflective of the market having no confidence in AFYG or Corey. If anyone believed the story here the stock would not be heading inexorably lower.
Fact 2. Getting current is a moving target, we need another 30 days, no wait we are going to approach it differently, we are 90% complete! Which is like being 90% pregnant. 2 1/2 months late and counting. Wait for the miscarriage.
Fact 3. Stop Sign, fairly self explanatory. THIS COMPANY MAY NOT BE MAKING MATERIAL INFORMATION PUBLICALLY AVAILABLE!
Fact 4. They still have not given actual revenue verses operational cost information which they have to have.
No problem partner, like I said it would be a terrible read anyway. I'm sure you have better things to do.
In defense of Corey, I don't necessarily think he is being dishonest in setting goals the way I see it is he is so far over his head it's embarrassing.
I've listened to a lot of conference calls in my day but never one like that rambling amateur hour last month.
World class irony right there.
Like the written transcript from the last conference call? Don't get me wrong, I wouldn't bother doing it if I were you, it wasn't worth the effort.
"Much longer" can also mean never. Corey has been here for years and can't get the audits done. This isn't Microsoft.
How about the STOP SIGN?
You have admitted the run to .19 was a pump so that is hardly a feather in his cap.
I see you didn't address any of the points I made but in answer to yours, I don't believe a thing Corey says based on his poor history of doing what he says he's going to do and spamming nonsense via twitter. I would rather talk to a help desk in India.
There's nothing he could say to me that he shouldn't make public anyway and as I mentioned I don't believe he has any positive information.
The actual facts support a negative outlook. Corey has a poor history at delivering (recall he was there last time it tanked)and now we are in a situation where material facts about the company are not necessarily being made public. No reason to hide good news so a logical assumption is there is none. Those tweets are embarrassing.
You said that stop sign was coming off like a prom dress at midnight. What year is the prom?
Before the last conference call you agreed it was "show time." The only thing they have showed us since is a "stop sign and more goofy tweets." I don't understand your optimism.
Corey has set his own goals, nobody did it for him. He has failed miserably thus far is reaching those goals and the share price reflects his failures. The whole story has played like fairy tale from the start which it pretty much looks like it always was. My opinion is and always has been that this was a pump and a poorly run one at that.
Where is the written transcript from the last conference call?
Where is the stop sign falling away like a dress on prom night?
Where are all the bulls lately?
At times it's like Corey is posting on this forum.
I know this is all part of Corey's plan to make everyone milions.
It's times like this that investors have to accept they have been had. If they can't do that they are destined to become perennial bag holders.
Could we see sub 2's today? Very possible.
That stammering repetitive disorganized recent conference call was an embarrassment.
I'm going to LOL if they paint the tape today.
And as Rome burns Corey continues with the gibberish tweets. This is a weird one even for a P&D.
I certainly don't blame those who feel that way. To me it was clear last December where this was headed.
And so it begins. Not waiting for the prom dress, eh?
However, on the positive side, AFYG does have a picture of a dump truck.
Stop sign goes up and how does AFYG address that?
Well, let's tweet some more trivia trash.
Gen Y: The next generation of investors http://bit.ly/1rY5xHM
$AFYG #mining #gold #silver #diversify #juniormining
Five for Five
Near collapse of the bid/ask. Time for Corey to get a real job and end this charade.
The bear is no illusion as evidenced by the overall poor performance of the stock since the initial pump.
Well at least someone cares enough to paint the tape at the close to keep the illusion alive.
The only thing SAVI has in common with California Chrome is the South end of a North bound gallop.
Well for one thing it sure seems to be hampering the share price.
So now we have the old STOP sign.
This company may not be making material information publicly available.
If you are an affiliate, employee, insider, or any person in possession of nonpublic material information about this company, please be advised that buying or selling this security may constitute trading "on the basis of" material nonpublic information prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators of these laws are subject to civil and criminal penalties.