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This not being able to get the proxy out in a timely manner is utter incompetence at its worse, how long have they known that they needed a proxy report in English? I cannot wait for this buyout to happen so that I can take my profits and go elsewhere, I darn shore do not want these incompetent clowns managing any future company I am invested in.
how would it benefit them not to receive a .55 buyout? Why would they want this to continue at .052 to .062 range?
139250 at .06......way to go.
If the company is utilizing a leach pad to recover gold, I wonder what else they may be recovering such as platinum,silver,rare earths and molybedunum to name a few.
This is an excellent point people, to have a large scale crushing and leach pad operation could easily run into 100 to 200 million . Then the next question is where are all these tailings located? they may need more than one processing site. I will take the offer and let another invest to make the larger score over time.
another 5.9 million at todays prices for gold
I probably wont live 24 more years, give me my .55 now and someone else can wait the 24
i am voting yes
I would certainly like that better , say .55 per share plus shares in the acquiring company , but I do not think that is going to happen. If the buyout is approved , how long before the money is in our accounts and do we have to pay our brokerages commission on the buyout?
no message for me from scottrade
thanks for the info, I only had to hollar a little and the divi was put into my account.
stifel-nichols also has not issued divi shares
my scottrade account issued the divi shares without problem, my Stifel-nichols account does not seem to know the difference between the date of record and the x-date and has not issued me any shares, what is my recourse sue the broker for my dividend shares? anyone have the name and telephone number of the current transfer agent?
no u must have held until the x-date when you sold prior to the x-date you sold the attached divi also
buy all u can, vote, if it passes get .55
which i believe was the intent.
that is definitely grounds for legal action against those brokerage houses.
I did recieve the shares in my scottrade acct, however i am waiting until monday to see the shares in 2 stifel -nichols accounts , although they have acknowledged a divi is coming of 0.1 per share, so I really do not foresee any problems, I have a feeling that the buyout will occur and that this company will be taken private.
got it in the bag IF the buyout goes through. think I'll name her THE RUSSIAN GAMBLE.
crown royal was the celebration of choice , now for the proxy and the .55 buyout, lookin for a sailboat in the 30 to 40 foot range.
I feel the buyout is a foregone conclusion and the proxy vote is only a formality, otherwise it wouold appear to me that the proxy vote should conclude AFTER the meeting to enable shareholders to make informed decisions.
a dime a share divi would really close the gap on my investment.
good point I had not thought of that, guess because I believe that the company IS LEGIT,
If we dont get the .55 pps buyout than i do not want a cash divi, use the money to set up more leach pads and buy more frontend loaders and trucks.....lets get to processing this gold.
for what reason would the MM's hold this stock down?
the x-date is the date that matters...oct 1, all shres purchased by that date should recieve the divi
As i see it , the pps is so low because of several factors..pr's that are unsubstanciated by audited financials, no verifiable production numbers, scantily verified resources, FUD spread by bashers, supposed in-fighting between a block of canadian investors and the russians, a rogue transfer agent, a pr guy who had no answers, and general uncertainty . just my opinion
what a crock of outright lies , where is your proof?
just like aurc will do, the cowboys win in the face of adversity.
I am trying to understand this constant bashing especially in lieu of the pending dividend payout and our upcoming vote on the .55 buyout. It appears to me that maybe someone sold at a loss than maybe was flipping this stock and got caught out of position by the x-date and missed the divi....hehe
yesterday by close of business i bought 110k, I currently have over 1.1 million shares and i do not know what your game is but i am here to make money.
I bought 85k this am at .063
My scottrade account also shows the 10% divi. only got 75160 of a 205000 order today. Guess they balanced the books with the 160 share sell.
too bad we dont have all the information that is going to be told at the meeting, hard to decide how to vote without all the information, with what we have now , I have to go with the .55 buyout.
well guess ill let this sit for a while and see if it executes.
just put in a buy order for 205,000 shares at .0625 and they immediately upped it to .063.
what do yousee the pps doing over the next month? Do you expect it to languish at .06 until the meeting?
no, if you bought before the X-date you get the divvy.
Why would anyone sell at this level of share price is beyond my understanding.