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I can't count how many times this bloated pig has moved up like this, and then bombed within a week. The real money was made in almost ANY other stock in this sector, good lord *rbb is at 1.5c, MW*P is a DiME for goodness sakes. A DIME!!! Could have had a boatload of both of them for lunch money a few months a go, THAT'S something to get excited about. Now we'll hear "Congrats Longs" again, and "it feels like Christmas", and then the inevitable excuses for why it pulls back, and then all about wait for great news! Hahahahha, it's gotten soooo old. Throw a dart, hit any other stock in this sector, you have a 10-100 bagger, this pig moves .0005 and it's party time. Give me a break
What are you talking about Birdy? According to Leverage102, yesterday's .0003 gain WAS the run. He'll take that everyday!!! Just read his posts, he feels sorry for those poor "soles" (I loved that also) who took a 40% hit on MJN@.... You know them, the poor SOULS who saw it move 25x from its 52 week low of just over .02 to .50 this year. Yea, I'm still crying for them, they're only up 15x right now after the big 40% pull back. A 25x move in RFMK would be to about .045, and a 40% pull back to about .027, so would you rather have been in MJN@? Or this over diluted pig???? I'd listen to him Birdy, he seems to know soooooo much about this play. Haven't you heard, RFMK is the "Golden Ticket". Yea, I'm crying alright, just not for those losers. Hahahahahaha
Exactly,,,to have 120m traded and to be up .0003 is NOT a positive.
That answer is quite obvious, where do they get all of their money?? Dilute more. Hahahahha
Wow, talk about your ship coming in, but being on the wrong dock. Every other pot stock has double digit gains every day, ALL WEEK !!! 20, 30, 40, 50% every single day !!!!! What a poor choice this one is. I'm glad that i am spread out a bit, but it's a shame that I'm so heavy with this absolute Dog. This money would have been so much better spent ANYWHERE else, just toss a dart at any pot stock and you're up hundreds of percent, some even thousands of percent. This thing gains a couple of THOUSANDS of a penny, and people are happy. Waiting for more news, which only means more dilution. A very sad joke.
And those numbers are ON TOP of multiple days of double digit green days, they are EXPLODING, and with all of the exposure we can't getting a quarter of a penny. Real shame.
I have both, about an equal split, and am very comfortable as a long.
It is a good question, and it's the type of discussion that this board should be entertaining. Anyone have an opinion? I would be interested to hear.
NOW we're cookin with fire!!!!!
Remarkably resilient, I expected consolidation to low 50's-high 40's as a normal profit taking after a 70+% run over a few weeks. I also hope that it doesn't gap up, I'll take this slow grind any day.
As far as I have known .017 has been the number for quite some time. understand What has changed is the amount of it. I don't understand the sudden outrage over .017
You made a very good call here, even when it looked to gather some support at 15 to establish a new base.
Well put! Our baby is shedding those diapers and is saying those first words, which are "There's Gold in that Canyon, and LOTS OF IT"!!!
You are correct Life, a disgruntled seller who would love to replay his hand. As this bulldozes its way forward, we are going to see more and more of them. But it's good to see you having fun with him.
Very true TD, actually I think of all of them as "its". "it" has about 200k it is trying to dump,I've been watching them chase the bid down step by step to 56, then they retreat all the way to 64. I don't like the large wall that"s there, but can't really blame profit takers after this nice run. I'm in at 31, and swore to one day sell half at 62 and ride the frees, but as its developed, 62 is almost here and the way it's been playing out, I have already re-shaped that plan. I believe this resource report is going to be huge. GL
she plowed through those 59's, 60 just a trade away. WOW
Yes, so much buying pressure. Someone woke up and he backed off to .64, and he's not showing that heavy number anymore. There are so many MM involved in this stock, I think that they have been dormant and as this thing zooms up it surprises some of them.
ATDF has a huge seller who keeps driving it down right now, once he clears, it will be fine.
I did think that .60 was a bit much to hope for today, but if we get through this 59 wall, we may be mid 60's today, This resource report must be crazzzzzy good!
Which is said to happen before EOY. That will be quite a boost.
Thank you very much Steuvin
This huge move ahead of the resource report smells of some tremendous numbers. Money goes to money, and I'm hanging on to the coattails of some very wealthy, knowledgeable, experienced people. Next year, this squabbling of 1/10th of a penny between bids and asks will look funny, it's all a bargain at these levels, very smart money here, and a lot of it. This same group will be around the next few years enjoying this ride, it will be fun.
Yes, there is a discrepancy, and seems to be a chance for a person to capitalize on the imbalance, but I do not know if PGLC took some sort of action to allow, or create this chasm. I'd just find it interesting that this could happen without good reason, or without anyone jumping all over it, especially this big of a spread. If someone has knowledge, I'd appreciate some insight.
Whats very exciting here are the people involved. Even the Oracle himself flubs a pick here and there, but following Frost and his 50 million share bet, along with the Coeur d'Alene's investment, and the fact that they have assembled an amazing team that all have invested heavily, you see that it's not a one man opinion, there are so many heavy players who have't invested bus fare kind of money in this thing, they are very deep. I've read many articles about PGLC, and even conservative numbers put it around $1.50 by EOY 2013, $3.50-$4 EOY 2014. I happen to believe those numbers, as well as there could be "frenzy" type buying if this does take off and double digits, although there is no reasoning for it, is a possibility. There is NOTHING better than Gold to get people to get crazy. People that I know that can make heads or tails out of these fancy schmancy Geology reports are impressed by the numbers. I believe that this recent rise is the result of a fantastic soon to be released upgrade in expectations, and the reports contents. They haven't even begun to explore their vast property, this could only be a part of their success, this is all a result of the one mine that has a history of positive results. The mine went bankrupt at a time when Gold was a few hundred an oz, now times have changed, better equipment, more efficient ways to mine and process the product, much better funding, and now a cost of $800 an oz to get the Gold is much easier to sustain when Gold is at $1600, rather than $300, would you agree? Gold staying at at least $1000 is a serious consideration for future success. If we wake to a collapse in Gold say to $600, well, then all bets are off and we will have some nice stock certificate wall paper as a result. Another exciting thing is that they are getting great press from good sources, it is not a pump job. As they get more popular they will most likely get targeted in those things, which will cause major fluctuation, but as a buyer in the low $0.30's, that won't concern people like us. Last year at this time, this was part of a pump job, it flew to .97 in 3 days, and then sunk to the 30's. Those scammers are long gone, but what they left behind was an amazing opportunity for people who could see the real company here through the smoke they created. This isn't just a company that's yelling that there's Gold in their hills, no, they have a proven site that has had positive production, they have very smart people and investors that are heavily positioned. They all are a gamble, but I feel real comfy playing along with these guys.
Love the slow climb. Yesterday VERT and a few others exposed a huge wall at 22/23, i hope that by EOD we can chip through it.
Which is obviously natural after this run up, what is great is the support that has formed here already, hardly any pull back, and already she's wanting to rise again on great volume another easy M share day today, great interest, and also some great posts, especially the Forbes article. A year ago this one was part of a P & D, but that's not the nature of this stock or run. This is a solid long that will pay the holders very nicely. Awesome play.
I prefer the daily 1-2% upward crawl that we've had for awhile now, although its fun, I usually don't like these sudden bursts.
Listen Junkie, I've been at this for a very long time, buying at the exact low of the day, and knowing to sell at the exact high of the day is a very very special talent that very very few people possess. ?? I believe that you will do very well with your strategy. GL.
3.2M sitting on the bid at at 27, backed up by 3.6M at 26, this after a solid, day long 40% run, with a couple of dips no less. I haven't seen this kind of support in quite awhile.
Fantastic article, as mentioned before, this is a long play, and I am along for the ride. GLTA
It's just finding it's rightful PPS without support of the pumpers, who are long, long, gone, out Christmas shopping with some serious cash. These are the last sellers, the holdouts, the ones who believe in Santa Claus, well, sorry to say that he's not coming. Stick a fork in this one, it's done, and actually has been since late in day 1.
Also, Mortagage1 , thanks for the private, you are obviously a savvy player and I'm glad to have met you, I'll be watching the other one and will probably see you on those boards.
Happy Holidays to all!!!
Hahaha, yes he did say he'd retire if it didn't work out, what he failed to mention is who it didn't have to work out for. It always works out for him. But I do believe that it's the whole reason for the fast crashes, people are dumping faster and faster almost racing to get out at the slightest dip. The people buying today are going to be wondering what happened to the long term ideas that he presents. If I see that volume and PPS hasn't been run up too much yet, then I for one am very happy to pocket a quick 20%, even though deep inside I regret pressing the sell button thinking that another JAMN may be in its early stages, but that doesn't happen at all lately, TF*R being a good example, and PG*C another three day cycle (Although, PG*C should be looked at for a 18 month investment, as there is too much big money investing in it to not to follow, but thats not what he's touting) that baby was a tough one, although he always claims great success, it's not that way. With this one he sees $3!! Hahahahha, I think he misplaced his decimal. Fun to see chat with someone that sees the big picture. Best of luck and I guess I'll see you in three months at the next big thing.
His plays used to run over some time, up to 3 months, the last year all his picks crash within a couple of days of the first surge, some faster. BGBR and JAMN were pure gold, but it's been all garbage since then, all very dangerous plays. You are either in and out during the very first wave, that means the first day or so, or else you're treading some very deep water. Very dangerous play right now.
I'm holding for the run, but I'd love someone to please explain to me how this thing goes from flatline, to 40-80 million shares, then from 40 million one day to absolutely nothing for a few days, then 43 million today?? All without news, except for some second hand news that never hit the wires?!? Crazy stuff.
John Bell/Lautner Letter PUMP, the second time that they've released this, last time was about 9 months ago. Amazing that after burning so many for BIG $$$ that they re-release this junker. Can there be that many suckers out there to move this thing again? It will be funny to watch, YOU'VE BEEN WARNED!!!!!!!!!!
Jeremy, As a long term holder in this stock, and having had shared prior to, during and now after the surge, I can tell you exactly what happened in April. The surge occurred because of a pump by the following of John Bell, The Lautner letter, and other aliases that they go by. They released a buy, which was fueled by promoting the "billionaire" connection, as well as other materials. What followed was that the price rose to .97 in just a few days, and it fell back to .30 in the next two weeks. It happened like a bolt of lightning and then they were gone. They also pumped another mine, an iron ore mine, along with it, TF*R, they saw their stock go on a ride to 1.57, and then back to .30 in a few weeks also. Those who held shares thought that it was a legit PPS rise, and thought that their investment had produced the results that they thought, and didn't know that it was a pump. Anyway, they are all long gone now, the stock steadied and is in this slow steady climb. IMO, it is going to produce fantastic long term results. Good luck to all.
FYI, Stock analyzer today issued alert to buy RFMK, stating that his target is .0045-.0048 short term. He has a large following and usually a surge and pull back follows on his alerts.
I was replying to Mark280z's post that referred to the subject of that occurring. I am well aware that it is beyond that, thank you anyway tho.
With the report of investor money, funding, fully reporting status and product sales there is not reason for further dilution and/or reverse split. There should be much more than enough money for production of all products in the arsenal. If all of this is really taking place, then the company must answer to many people, its no longer a one or two person operation that can just pocket what they can. If dilution or a R/S is even thought about, then there is a fraud problem and you must run for the exits, FAST.
Agreed, that's why I add it. It is a big IF with this company.