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I feel the exact same way. Why the heck would I just blindly tell them to dilute my shares.
This seems to be the one constant on this stock.
Tell us nothing, I guess when you have so many followers who don't need information to form the basis of there investment, you can do what you want.
I would be curious to hear how many here are going to vote yes to adding shares to the A/S without knowing why?
I don't expect anyone wants to answer that in public, but what a pile of crap.
Same ole same ole. This looks as pink as the rest after today's BS.
I was expecting very little and I am still disappointed. Under promise under deliver. I will vote no to everything here without more information being disclosed. I have lots of shares, but probably not enough to stop this. I do know the present data does not compel me to vote in favor.
IMO
yes, I think that is why everyone is bitching and complaining. They don't want to be the ones with egg on their face. Do you?
I hope you are 100% correct that this is a miricle stock. My chips are in, I will offer nothing more to this stock until more disclosure occurs. I will be celebrating big time if this thing is all as grand as so many think.
Can't think of a better plate of crow to eat. I will eat it with gusto.
I hope there is more to it also. I have no real numbers to base things on. The ones I refer to are the ones dropped here on this forum.
I wish nothing but success to all involved here. I have so little data to hold onto as real
All I have seen is they are laying out a large chunk of the proceeds for a fairly small return.
This based on the tiny shred of information available to us. I hope there is a lot more to this than meets the eye. But the share price has declined sharply since this has been announced. I can only guess that the market isn't thrilled with what we know right now.
Wishing for that to change.
I agree that if the values that have been thrown around here are even remotely close, we are getting a really crappy deal.
We are talking about $49400000 US dollars, not 5 mil for what some presume to be 7.5 billion worth of metal, 25% of the property.
I am not all that excited about it myself. Oh plus there are more claims we no nothing about, also included in this deal. I wonder who paid for those? I think we need more information sooner rather than later.
I so agree with this post..that is why if they play too close to the vest on this DC, I may have to bail out.
What some are touting as Scott's, confidence I am starting to view as arrogance.
There is a very manageable expectation for information. All the guessing does nothing for anyone, give us some basic "facts" we can live with.
I agree completely..wish I knew more about what it will be.
I don't have any answers.
I read this board daily, and know so many have huge parts of their portfolio tied up in this stock, including me. The suspense is killing me. Lol
This is still an U.S.A listed company. I can not say without a doubt that it will be in Canada.
Has someone told you this? If so, can we have a link?
I really am not a fan of posting these contrary points of view.
But to ignore them is also irresponsible.
I have a lot at stake as so many here do, I want success.
What I have seen here so far is disdain for the shareholders, and has not been very conducive of a company people want to pour more money into.
I would love to buy more. I have the funds to do so but won't.
Nothing is compelling me to get more shares here anymore.
I wished I was wrong, but many seem to be taking the same position.
Did anyone have their trip planned?
I guess some could have reserved the dates on the calender, but no one knows where this meeting is being held.
Could be in Hong Kong for all we know. ( I am pretty sure it isn't )
Why could they not disclose in the Sedar filing where this meeting will be held? Are they trying to discourage shareholders attendance?
The more this secrecy goes on the more suspicious this becomes.
There is no way in this world the location of a meeting needs to be withheld, absolute foolishness, an address in the filing is all that needs to be done.
I agree that they have for the most part been consistant. They have usually only announced events that have occured. This make the shining tree spin out very unusual.
It is starting to appear that many here had some grand hopes of huge disclosure and a sit down at the meeting for the vote. It seems some thought that it wodbe a question and answer session with Scott.
This delay makes it pretty clear to me that the meeting will be to tally votes.
I really don't see tons of disclosure short of what is in the DC.
I sure hope it lays everything out. It is ugly now, don't know if I can stand to to watch if all we get is name rank and serial number.
Imo
In their defense they never did do a press release for dates.
All the dates were put out via Sedar, the company said nothing..so there are really no retractions to do.
IMO
Has anyone else seen the IHUB banner for NBRI? It is beautiful, with it raining gold nuggets.
The Banner then scrolls "Our future is golden"
Then it discloses that Ihub was compensated $1000 for this ad.
Pretty clear.
Perry does such a nice job.
IMO
What do you think the share count would be to be considered a larger shareholder, who would be disclosed in this document?
Just curious as to your opinion of what percentage of ownership might require disclosure.
TIA
Thanks.. How come Merle can't give us this much information, but the transfer agent can? Some one asked Merle before and he gives a bogus run around answer.
A simple straight answer from the man paid to answer could have saved having to ask the transfer agent.
I really don't understand what the problem is with the company sharing information with the investors.
Thank you for sharing. It is good to hear something.
I am not sure, but whatever it is it is taking way too long.
All I know is if it doesn't get cleared and pressed before years end I will dump this and take my tax loss. Not that I am holding too much. I do believe it would be in Dr. Newmans best interest to make darn sure this is cleared up well before mid December. I am certain I am not the only one willing to right this off.
There hasn't been much to keep anyone interested otherwise.
Imo
That campaign might be premature. The are too many open ended questions to be answered.
I like the idea. But it will be hard when they come and ask:
Why is there a CTO? When will it be lifted?
Why is the website out of date?
These questions can be answered, but eventually while trying to answer them completely you will have to say "I don't know" we have yet to be told about that.
Maybe in a few weeks you will have a lot more firepower to run the campaign.
IMO
I agree with much of what you said there. Do you think there is a chance they are diluting the remaining shares in SRSR to obtain more cash? Once they spin out the unused shares become useless in a sense.
Maybe this can account for the precipitous drop from 7.5 again.On what many feel is a great PR.
Yes, understood.
Many state that just because a shareholder ask for more information they are automatically flippers and trying to kill the stock.
I am not expecting a quantity of PR's but quality PR's.
I guess some people love the hunt, looking for information to bring to the board to get praised. I did my hunting when I found this stock. Loved it, bought the hell out of it and still own way more than I should. I still love it.
Many things have happened here over Scott's tenure, some good, some not so good.
I do have to admit he has been consistent, I always seem to read the PR's and walk away with so many question, the same questions I see many others ask about here.
Press with answers get rewarded, press with question marks send people to the exits on the pinks. No one wants to hold a bag.
I hope like so many others here that I have a life changing return here. When I bought here I knew I backed the right horse. Now I think I backed the right horse. I just grow more skeptical as the years pass.
I wanna see a mine built, a couple of mines actually. I just got to know there is a plan.
Yeah, but the company save $500.00 while we shareholders loose many $1000's for not seeing anything from them. Not a great trade off in my book.
Spend the $500.00 and release a bunch of pertinent pieces of information together if you are looking for economy.
But frankly I haven't seen a PR with any details about anything.
So my $500.00 are still spent and I know about the same as before it was spent. Personally I would like a little bang for my buck.
Maybe the last PR should have held off until they had the milestone dates set and registered at Sedar. No one would know about the dates (which are still not Pr'ed by the company) unless some diligent person was tracking Sedar.
IMO the silence may seem professional to some, but I find it disheartening.
Felt it good..
agreed.
Yes, I was responding to others that were stating the meeting was on Aug 30th. Thanks for posting that. It was not available through the link the next day.
Amen...this is what had me concerned. I still see many ambiguities.
I hope many many question are answered. ST as well as the Nio.
My bet is we will have the minimum disclosure possible to make a vote on the financing and not a scrap more. That is SRSR's MO, there is no disputing this. To expect a lot more is setting ones self up for disappointment.
Is it fair? Not in my view. The only recourse would be to withhold approval until a complete picture and business plan is revealed.
It is the only leverage available to SRSR shareholders to get some information.
I know most will check the approved box on the ballot, enough to pass this thing with little more than the blanks we have now in the PR filled in.
I am reading that some here are of the opinion that Aug 30th is the shareholders meeting date. If it is then shouldn't we know by now where and what time it would be?
Nope not saying that at all. I am sure there will be a meeting.
My big issues are disclosure. Communications . Continuity . We got an ST announcement then it goes quiet. We need some elaboration. They say soon. 6 months later and not another mention of it. Then they hit us with a finance deal. Fantastic! with who? Where? We got the when through a filing no disclosure from the company.I know people are questioning why now? When we are close to getting some Information are you complaining about disclosure? Because I hope to effect the amount of disclosure we might get through this circular. I would hope we have enough representatives to dictate the release of a near term plan for the whole company. It has been a long grueling few years. I am hoping that once this plan is laid out I won't have to watch it everyday. Treat it like a big board stock, check it occasionally to make sure all is fine.
I am not here to challenge individuals on ihub, except for everyone to show all the facts they have.
I personally did not get to spend much time with the filing that told what the supposed dates are.
We will see. I will be happy to know anything new. We need to face the fact we don't know that much about anything.
You have voiced what I feel is true of this story. And a story stock that fails to tell it's story is what? A .04 per share stock.
I am of the belief that I will have disclosure by years end. Hopefully much soomer.
I have had great expectations for this As with your observation I too expected many of these ewe items to show a price reevaluation. I do truly believe that many longs with their trading positions have milled run after run. This stock trees thin. The volume is anemic. So when a run occurs, all the longs sell for a few cents and bam the price goes down. Then everyone say it is shorts. But they are only willing to buy back at a fraction of the last trade, so the market being efficient brings it right down to the price of the new trading shares they wish to acquire. I do not think this par is all that mysterious unlike what is happening at headquarters.
All my observations and opinions .
Thanks Mrgoodtrade.
I appreciate what is about to happen, my comments speak for themselves.
I am giving them until the end of the year to give me disclosure. Not an unreasonable request. I am not asking anyone to make me a millionaire by the end of the year that would be unreasonable, but I think many expect it. I joined this stock shortly after Scott did (a few days later)much earlier than many here that are complaining about my impatience. I have averaged way up, tied up large sums of cash, I work hard for a living no one has given me squat.
How many would hand over the keys to a brand new Porsche 911 to a stranger let him drive away without asking some questions and expect answers?
And people are acting like I am irrational..sheezz
I have dedicated too much of my time and capital to allow this to go on indefinitely. I find it funny that so many others find this completely acceptable to be left hanging forever. If clarity is transmitted with this vote, everything is cool. If not I will work until the end of the year to try and find out everything I need to feel comfortable to remain invested here. Some onus needs to fall on the company this is give and take, we give dollars for them to execute a plan, we need a plan. pretty simple right?
It is very simple how I can make this statement.
Tell me, did someone inform you of where this special meeting is taking place?
When it is taking place?
What topics for certain will be voted on or discussed?
I know we will be voting on, if we want to trade part of the company for financing with some unknown company, with an unknown balance sheet in most likely an unknown place. your really comfortable with that?
Is DR still involved?
What's going to happen with shining tree? A spin out, ok @ 35:1 great news.
Tell me about this. When will this take place?
Will Scott lead the way? Will he put another in charge?
What exchange will it be on?
Will there be a dual listing?
Oh you can't, we don't really know anything.
Someone stumbled upon the NI report, wouldn't that have been nice to been let in on? The transfer of the Nemegosenda property it would have been nice to know that the assets my dollars have financed were being transferred to some other name.
I have no problem issuing a statement like that, I have 20 fold the questions that I do answers. So with that I am very comfortable with my statement. An individuals sentiment isn't right or wrong. It is an opinion. If these questions are not clearly addressed by years end I will move along. I am not asking anyone else to follow my intuition.
If anyone can answer any of my questions and back it up with some sort of company documentation I would be more than pleased to see it. I have more than enough shares and don't need more buying opportunities, I have been buying for many years. I have had enough with the gift of cheap shares thing, I am ready for my investment to appreciate if it does not I have a nice profit and will move my many shares to cash or find another place to park it. Your faith is apparently stronger than mine. I need some verification and explanation. I don't find Scott's silence as confidence anymore, it feels more like neglect. You can all pounce on me like you did Browndawg, but I am ready to hear something real, solid, something that is now and not a future event. IMO Have at it folks, I can see the post going up already.
Chances are Asia probably know far more about SRSR than the current shareholders. Scott has made every SRSR shareholder a prospector, we must mine every scrap of information from filings.
Seems to me he uses the IHUBBers as his PR machine, knowing darn well anything he wants in the public eye someone from Ihub will propagate for him. He files it Ihub releases it. Of course it is all unofficial, but it still gets out there. I sure am ready for some disclosure and stability here these 10 to 12K a day swings has been tough on the constitution.
Here's to hope that by years end we know what the heck is really going on with this company, if not it may be time for me to pear my holdings. I have been really uncomfortable with the level of disclosure for the last few years. I understand NDA's and the like,
but after this vote there should be little excuse for not keeping us up to date.
IMO
35:1 ratio would be out of the question. That would be valuing the shining tree property the same as the Nio-star. It seems everyone should erase the 35:1 ratio from there head, it has nothing to do with NIO-star.
IMO
Thank you all for helping me out..
Thank you, I saw the filing late at night and didn't have much time to look it over.
I can't see the Sedar doc anymore from your link. Unfortunately it is no longer a new doc, but I was curious if anyone has researched the name of the signature on the filing. Her name was Lisa something or another, was wondering if maybe she is tied in with DR. Just would be an interesting piece of information.
IMO
When? Good question. This super secret crap is getting real old. I guess we are just shareholders and we don't deserve to know anything useful. Have faith because that is what's on sale right now.
What happens is all the long sell there trading positions kill the run then wonder what happened. Then the buy them back at a lower price. This is not the way to get price appreciation. No new stock is being purchased. Just moved from one higher price to the lower price.
Hard to blame people. I feel like I got another hyped up press release of another future event. Nothing concrete in this pressed in my opinion. Just another promise that something might happen some day, maybe before 2011. BFD . Give me something to stand on. I belie e the ST NI report was more worthy of press. It has actually happened. It is tangible . This other stuff is still smoke until it is documented votes upon and signed off. Same ole same ole. I guess another 3 months and we see the next future event pr'ed. Getting tired of this. And I have backed this thing since the beginning.
Scooped up 20k @.145 couldn't pass up the bargin..averaging way up from my .028's still feel pretty good though.
Just as always...sell the crap out of the news.
I don't think the 175K is that much different than the discount we currently enjoy on the share price.
Kinda like "soon" but only a few months shorter.