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What I find MOST frustrating is this behaviour has been going on pretty much right from the get go,in fact,I strongly suspect milking the company for every dime he could get out if it was Fifer's plan all along...and I said so,but very few people listened.Afterall, 'Mr Fifer was our friend' and he 'really cared about the little guy' and we were 'really lucky to have him on our side'.....boy,did he ever pull the wool over those peoples eyes...took them right down the garden path,told them what they wanted to hear and from what I see,he's still doing it(trying to stave off a CTO until he's dumped all his stock,maybe?..wouldn't surprise me in the least...)
The obvious conclusion is they all are in bed with each other but the ones being screwed are the shareholders,and that is very very frustrating.,the proverbial Fox guarding the chicken coop
Fifer I understand,he's proved that beyond shadow of doubt,but WHERE is the BOD?WHAT are they DOING?...rubberstamping everything Fifer wants to do?Remember,the BOD had to approve what he is doing....
Translation....they are desperately trying to get more 'equity financing'(a finders fee will be paid)so they can carry on milking it until the well goes dry...which I suspect already has
Hope she kept her day job....wonder what circus she is working for now?
What's your best guess where this will re emerge?
As this shell game winds down,delisting is just around the corner,the operators have mined all the gold they could get out of naive shareholders pockets (way cheaper than mining it out of the ground)nobody wants to play anymore,the next question is- where will this re emerge,under what name and what the 'story' will be?(they all have a 'story')
But one thing we do know and that whatever it will be,it will be 'HUGE NEWS' and a 'Great Oportunity'and the game will begin all over again...all that changes is the name....are you in?
Deja vue...
A company shills job is to promote the stock so as to allow the insiders to dump their stock on the naive and the foolish,who actually think 'this ones diferent'(it wasn't)....hope he kept his day job...
I consider the list of 'ignores' to be a complement,confirmation I had their game pegged....great fun,loved poking the pumpers,who so eagerly jumped to the defence of their 'friend''MrFIfer. ...
Same place the rest of the rabid rah rah boys are,they slunk away with their tails between their legs wondering what went wrong. But chances are,can be found promoting the next 'great opportunity' and defending management who picks their pockets clean....some people never learn ....people who follow the herd step in what the herd leaves behind..gotta admit poking the pumpers is the best entertainment in town,suckers bite every time and I've really enjoyed it!(besides making a lot of money...)
Trading Tip-you know you've probably got it pegged right by the number of 'IGNORES 'you get.....TOO FUNNY! ...I'm laughing -all the way to the BANK....
Having fun yet?
BOARD OF DIRECTORS?.....I never trusted 'our friend'MrFifer from the get go,but the BOD is SUPPOSED to be looking after our interests..
WHERE are they?What have they got to say?.did they just rubber stamp EVERYTHING?...the SILENCE is deafening...
Just wondering what those slobbering all over their face rah rah boys who insisted 'it's nothing to do with management,the whole sector is down 'have to say about this very predictable development?...still saying they feel 'really lucky'to have MrFIfer on our side because he 'really cares about the little guy'
Sometimes you just gotta chuckle....as PT Barnum said,'there's a sucker born every minute'
Still think I was the 'Village Idiot'for daring to demand accountability?..too funny!
What people fail to accept,or don't want to accept is 'this one WASN'T diferent',it was a cookie cutter copy of so many other Vancouver Penny Mining stocks that the naive and the foolish thought was the road to riches....well, in some reguards, they were right,it WAS the road to riches for Mr Fifer.....and like the vast majority of other Vancouver Penny Mining stocks,management mines gold from shareholders pockets and the stock ends up so diluted the well runs dry....and then ,when they can't suck any more money out of it,the stock goes off the board,delisted until someone comes along.buys it up cheap,consolidates it ,renames it and the shell game begins all over again....deja vue,you pays your money and you takes your chances....
ps-The ''Village idiot 'is buying well managed junior oil stocks with the PROFITS he made by selling PTQ way back when it was 'really cheap' and 'going to the next level'.....getting put on 'ignore' confirmed I was probably right....
Having fun yet?
HUGE NEWS.....we are anticipating....
We're now trading at shell prices,that's what it's 'really worth'
Anybody still feeling really lucky MrFIfer is our friend because he cares about the little guy?
But Its still a 'great opportunity'-if you're looking for a tax loss...
When can we 'anticipate'MrFifer issuing a statement to shareholders saying'I feel your pain,we all lost money....'
'This was once a vibrant money making machine',ah,excuse me,it NEVER was,we only 'anticipated'it would be*....unless you were referring to Fifer and the insiders,then it most certainly was a 'vibrant money making machine'-where else can you buy an abandoned gold mine for $1million ,flip it to some naive shareholders for $30 milion and convince them they got a bargain....and we were ready lucky MrFifer was our friend for 'letting us in'on the deal....Yup,thats exactly what the rah rah boys were trying to tell us-and shouting down anyone who dared to question it...Wonder how 'lucky'they are feeling these days...
*-we anticipate being a '150K mid tier producer really worth $5' by 'next summer'(joke of the year)but some people actually swallowed it- and voted MrFIfer even MORE money....
I 'm not sure 'alive 'is the operative word,it is still listed and as long as they keep their filings up,it will be.But failure to file will swiftly bring a 'cease trading'order.
Why there are no lawsuits is probably because to start with lawsuits cost money and even if you got a judgement,collecting it is another matter.Besides,this isn't untypical of the Vancouver Penny Mining stock shell game,it's how many of them operate,management puts out Huge News ,pumps the stock and the naive and the foolish swallow it ,eagerly exchanging their dollars for paper,convinced they have found the road to riches....but what's REALLY funny is how they denounce anybody who sees through it and demands accountability...
Chances are Fifer and friends who profited at our expense either spent the money or have the cash stashed beyond reach of disgruntled shareholders.This game is over-want to sit down and anti up for the next round?
Go on,tell me I'm wrong...better yet,prove it
The stock is worth what it's trading for,shell prices.Its cheaper to buy a shell,consolidate it and refinance it that start from scratch and go through all the hoops of getting a TSE listing.
Once the bloom is off the rose and the last rah rah boy has faded away,the stock is consolidated,renamed and refinanced, a 'great opportunity' for the next batch of naive and foolish people who actually think 'this ones diferent' and that they are 'investors'and then it begins all over again-watch for 'Huge News'...
Deja vue....
What have they actually got?
A huge debt load
A cupboard that is bare
A pile of rusting equipment in the jungle
A tarnished reputation
A grossly diluted stock
A chart that documents it nosediving into the dirt
A story that nobody believes anymore
A company that the market has on 'Ignore'
A bunch of stock certificates that are best used as wallpaper
Other than that,it's a 'Great Opportunity'
Anything else?
If I was a member of the BOD,I don't think I would be sitting too comfortable,they might be legally liable for failing their fiduciary responsibilities....
Is this the reason some quit-they didn't like what they saw and didn't want their names associated with it?
WHEN has the BOD ever listened to ANYBODY?.....makes me wonder if they are in our 'friend'MrFifers pocket...
We shouldn't HAVE
to go digging and begging for information.WHERE IS THE BOARD OF DIRECTORS?WHAT are they DOING?They have a FIDUCIARY RESPONSABILITY to the OWNERS-that's US
Do you honestly think 'our friend'Mr.Fifer cares one whit if people lost money when HE was lining HIS pockets?
Nice flip on that Lom Poy,right?
I still say-WHERE was the BOD while all this was going on?WHAT did they do to blow the whistle on ths
debacle? ANYTHING,anything at all?
'Way too many unansweared questions'should ring a bell ,those are the exact words Det McVitie ,one of PTQ's strongest supporters, told us when he sold at 90 cents...that was the 'smart money'....Funny,the rah rah boys IGNORED Det McVitie after he said that,just like they IGNORED anybody who dared to demand accountability....
But be that as it may,WHERE was the BOD?WHAT were they DOING-playing their fiddles while Rome burned?WHY did they RUBBERSTAMP Fifers demands?They had to KNOW *what was going on,and they had a FIDUCIARY RESPONSABILITY to the shareholders and if they FAILED ,WHAT is their LEGAL liability?
*I seem to recall one member of the board ,a woman,who came on,well qualified,who QUIT abruptly....Why?
THATS what I want to know....
Where's all these guys who called me the 'Village Idiot'for demanding accountability?.....the RED FLAGS were out right from the get-go on this one even though the naive and the foolish turned a blind eye to Richard Fifers shenanigans.(still think he's 'our friend 'and we're 'really lucky' to have him on our side'?
Too funny!
4 most expensive words in the Vancouver Penny Mining Stock shell game-'but this one's diferent'(it wasn't)
I see no other likelyhood than consolidation ,renaming and recapitalizing this 'great opportunity*'...the fate of about 99%of these Vancouver Penny Mining stocks....and then the shell game begins all over again as the naive and the foolish part with their money....each convinced 'this one's diferent'(it isn't,it rarely is)
Go on,PROVE me wrong....
*the 'great opportunity' is what management sees in mining gold from naive shareholders pockets
What happened to the private invitation only(I didn't get one,funny that)'positive 'board?they claimed they had 'good information'and there was no 'negativity''
Are we dead yet?
'Lee Chin says....
Remember how the rah rah boys used to quote 'lee chin'.
I see he is in the news again,listing gold mines that are 'great opportunities',-funny he didn't include PTQ...maybe he missed it
Still 'anticipating'?
Wake me up when they announce a consolidation .....new name and refinanced,and the Vancouver penny mining stock shell game begins all over again.(it's a great opportunity)
deja vue
Maybe we should ask the boys over on the private invitation only 'positive' board what THEY 'anticipate'
(It's a great opportunity)
'Working expeditiously'.....now THATS funny!
We're 'anticipating'.....(holding your breath is not advised)
These burned out 'great opportunities'rarely disappear,they are consolidated ,renamed and refinanced,and the Vancouver Penny Mining stock shell game begins all over again -just like PTQ was once called 'Adrian Resources'
Buyers move back into beaten up gold stocks.....but NOT into PTQ .....funny,now I wonder why we are being 'ignored'?
Remember that ringy dingy rah rah boy who REFUSED to accept Management had COMPLETLEY BLOWN their credibility along with their money,trying to say it was 'nothing to do with management,the whole sector was down'....yah,right.... Oh well, I guess we can always'anticipate'
What became of those rumours about a forensic audit?.....,or was this just more thing we were 'anticipating'?
Surely no one is surprised, its Completely in charactor..based on all previous experience ,it's Precisely what we expect
Our 'friend' MrFifer has got to be busting his guts laughing at us ,it was like taking candy from a baby the way the shareholders were lead down the garden path,even the BOD who were SUPPOSED to be looking out for our interests seemed to be in his pocket,it appears they rubber stamped everything.....but what's even FUNNIER was the way the dupes defended him and put anybody who raised concerns on IGNORE
Got your PDI shares yet?
Not at Goldman Saches Mining conference this year?why not?no money for a first class ticket on the plane?no $500 a night hotel rooms available?....and here I was hoping to drop in,have some wine and cheeze (paid for by us)and listen to what they were 'anticipating'-being a 150 K mid tier producer really worth $5 by 'next summer'....yup,struth,they said so,didn't they?....oh,I better be careful,they might put me on 'ignore'for reminding them...it's not 'positive'
Uh,hate to mention this but just WHEN am I going to get my PDI shares?(they promised)
All we're really waiting for now is for the other shoe to drop,a CTO....and then I'm 'anticipating' this 'great opportunity' will join the pile of the rest of the discarded Vancouver Penny Mining Stocks that suffer the same fate,over promoted,under performing and milked for every dime management could get out of the naive starry eyed shareholders who actually thought they were 'investors'.....
All I'm really wondering is where 'our friend'MrFifer will resurface next time and what 'great opportunity' he will dream up for the next batch of suckers who truely believe they have found the proverbial pot of gold at the end of the rainbow....like Mr.Fifer did-in THEIR pockets.....oh well,next....
Having fun yet?
WHERE. is the Board of DIrectors?
WHAT were they doing?
WHY did they RUBBERSTAMP FIfers expenditures?
WHOSE interests were they looking after?
the BOD is SUPPOSED to be looking out for the SHAREHOLDERS ,they may be legally liable for their FAILURE to do their job....being on the board involves more than running up the tab on an expense account or hob nobbing at wine and cheese parties,they are SUPPOSED to be the WATCHDOG
Way back I seem to remember a well qualified woman who came on board -then quit shortly after.We Never heard why....somebody knows something,guaranteed....
whats funny is whenever anybody DARED to raise concerns ,demand verification,or remind them of what they 'anticipated' ,they were shouted down,called names and put on 'IGNORE' ....the RED FLAGS were up all over the place,as Det McVitie ,once one of the strongest supporters said when he sold up and left was 'too many questions,not enough answers'.....so nobody can say they weren't warned
ps,how's that private invitation only 'positive 'forum going these days?....haven't heard much from them lately....