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PMI will run to 1.50 or more in the next two weeks, the shorts know it and have been trying to shake as many shares free in the last month to cover thier position.
The only question is what type of news will the company release in that time frame. If its positive then PMI is back at 4.00 per share in a flash if it's negative then it will trade back down to these levels.
REMOVE THE BELOW COMPANYS AS A SELECTION AND CONTRIBUTION IN YOUR 401K AND IRA AS THIER SHORT MILLIONS OF SHARES AND ARE HOLDING THE SP OF PMI DOWN. LETS TEACH THEM A LESSON AND HIT THEM WHERE IT HURTS.
Holder Shares % Out Value* Reported
FMR LLC 13,983,714 8.63 14,962,573 Jun 30, 2011
DIMENSIONAL FUND ADVISORS LP 9,956,117 6.14 10,653,045 Jun 30, 2011
VANGUARD GROUP, INC. (THE) 9,481,901 5.85 10,145,634 Jun 30, 2011
Blue Ridge Capital Hlgds LLC/Blue Ridge Cap Offshore Hldgs L 8,005,000 4.94 8,565,350 Jun 30, 2011
BNP Paribas Arbitrage, SA 6,555,307 4.05 7,014,178 Jun 30, 2011
Saba Capital Management, L.P. 6,522,477 4.02 6,979,050 Jun 30, 2011
FIR TREE INC. 6,094,690 3.76 6,521,318 Jun 30, 2011
PAULSON & COMPANY, INC. 5,000,000 3.09 5,350,000 Jun 30, 2011
BlackRock Institutional Trust Company, N.A. 4,225,300 2.61 4,521,071 Jun 30, 2011
Technical Financial Services LLC 3,796,692 2.34 4,062,460 Jun 30, 2011
Top Mutual Fund Holders
Holder Shares % Out Value* Reported
FIDELITY LOW-PRICED STOCK FUND 12,388,300 7.64 26,758,728 Apr 30, 2011
DFA U.S. SMALL CAP VALUE SERIES 4,278,651 2.64 9,241,886 Apr 30, 2011
VANGUARD TOTAL STOCK MARKET INDEX FUND 3,496,056 2.16 9,439,351 Mar 31, 2011
VANGUARD SMALL-CAP INDEX FUND 2,347,300 1.45 6,337,710 Mar 31, 2011
FBR SMALL CAP FINANCIAL FUND 1,800,000 1.11 3,888,000 Apr 30, 2011
ISHARES RUSSELL 2000 INDEX FD 1,787,884 1.10 1,787,884 Jul 31, 2011
VANGUARD SMALL CAP VALUE INDEX FUND 1,389,934 0.86 3,752,821 Mar 31, 2011
PIMCO HIGH YIELD FUND 1,327,380 0.82 3,583,926 Mar 31, 2011
VANGUARD EXTENDED MARKET INDEX FUND 1,196,085 0.74 3,229,429 Mar 31, 2011
ISHARES RUSSELL 2000 VALUE INDEX FD 1,086,349 0.67 1,086,349 Jul 31, 2011
There is only one reason why we are stuck in this trading range and that reason is that the institutional holders are short tens of millions of shares and they need to cover before this explodes to the upside and its not if but when and the clock is ticking.
With that said if we want to hit them where it hurts then continue to accumlate shares and also below is a lits of the top holders with the most shares out I URGE EVERYONE THAT HAS ANY OF THESE HOLDERS SELECTED IN YOUR 401K OR AN IRA TO REMOVE YOUR MONEY AT ONCE LETS HIT THESE BOYS WHERE IT HURTS.
Holder Shares % Out Value* Reported
FMR LLC 13,983,714 8.63 14,962,573 Jun 30, 2011
DIMENSIONAL FUND ADVISORS LP 9,956,117 6.14 10,653,045 Jun 30, 2011
VANGUARD GROUP, INC. (THE) 9,481,901 5.85 10,145,634 Jun 30, 2011
Blue Ridge Capital Hlgds LLC/Blue Ridge Cap Offshore Hldgs L 8,005,000 4.94 8,565,350 Jun 30, 2011
BNP Paribas Arbitrage, SA 6,555,307 4.05 7,014,178 Jun 30, 2011
Saba Capital Management, L.P. 6,522,477 4.02 6,979,050 Jun 30, 2011
FIR TREE INC. 6,094,690 3.76 6,521,318 Jun 30, 2011
PAULSON & COMPANY, INC. 5,000,000 3.09 5,350,000 Jun 30, 2011
BlackRock Institutional Trust Company, N.A. 4,225,300 2.61 4,521,071 Jun 30, 2011
Technical Financial Services LLC 3,796,692 2.34 4,062,460 Jun 30, 2011
Top Mutual Fund Holders
Holder Shares % Out Value* Reported
FIDELITY LOW-PRICED STOCK FUND 12,388,300 7.64 26,758,728 Apr 30, 2011
DFA U.S. SMALL CAP VALUE SERIES 4,278,651 2.64 9,241,886 Apr 30, 2011
VANGUARD TOTAL STOCK MARKET INDEX FUND 3,496,056 2.16 9,439,351 Mar 31, 2011
VANGUARD SMALL-CAP INDEX FUND 2,347,300 1.45 6,337,710 Mar 31, 2011
FBR SMALL CAP FINANCIAL FUND 1,800,000 1.11 3,888,000 Apr 30, 2011
ISHARES RUSSELL 2000 INDEX FD 1,787,884 1.10 1,787,884 Jul 31, 2011
VANGUARD SMALL CAP VALUE INDEX FUND 1,389,934 0.86 3,752,821 Mar 31, 2011
PIMCO HIGH YIELD FUND 1,327,380 0.82 3,583,926 Mar 31, 2011
VANGUARD EXTENDED MARKET INDEX FUND 1,196,085 0.74 3,229,429 Mar 31, 2011
ISHARES RUSSELL 2000 VALUE INDEX FD 1,086,349 0.67 1,086,349 Jul 31, 2011
REMOVE YOUR MONEY AT ONCE FROM THESE BUMS AND LETS REALLY BEGIN TO PUT THE SQUEEZE ON THEM.
Hey shorty you should proberly tell your boys over at FMR LLC that now would be a good time to cover if they want to still be in business this time next month.
Pmi is going to sell 100 million preferred shares @ 5.00 per with an annual return of 8.7% and a 40% stake in the company after 4 years. Trust me when I say this that the US Government is pushing this deal thru as they need PMI in the game when the housing market makes a recovery.
Our last two position have worked out very well as we shorted the company's down the tubes because of dishonest management.
We have been accumulating millions of shares over the course of the last month.
Goldman Sachs to invest 500 million in PMI. This news will be breaking in the next seven days!
Get this thing to .05 already would you!
My take on the CC.............Vey positive, these guys seem excited and on the up and up.
The only one thing that worries me is the "we have as much to loose as anyone else" With that said though they also have the power to issue more shares and then do he dredded RS.
So other then that if they can succede within the confines of the current share structure then there will be many happy people in the near term thankfull for investing in DGRI!
Well if they have good news and the PPS recovers you sure will be good but I'm holding all judgement untill that happens. But I wil say I'm very impressed to see this company do this considering the excgange their on, it's something you almost never see.
Well I'll be dammed maybe they are going to give us something to believe in as I had just about lost all hope on this one.
Well lets hope so because right now it looks like the only thing their really good at is selling stock and bleeding this thing dry!
And hiw do you know for FACT the current market cap wont stay here for long?
To answer that simply........market makers can do what ever they want and take a stock in any direction at any moment. So it dosent surprise me your bid did not get filled, sometimes you gotta chase the ask and if you do chase the ask make sure theres some bid support behind you or you could find yourself being down a few percent right out of the gate.
I hear you Easy, Thats just me. The way I look at things is you gotta dream big, think big and then go big and we got all that gold just waiting to be brought to market. Theres lots of different sectors out there where theres money to be made but gold is big and the world needs alot more then is out there right now.
When you think about it look at all the gold that go's into producing cell phones alone! Now that I'm thinking of it we should JV with Sprint-Nextel....lol
Lets go for that Gold.
Forget about Arizona Doc thats just iceing on the cake!. All we need is for DGRI to court a major minor for Basinn and then its money in the bank for the company and shareholders for many years to come.
Asseesment of todays Trading..........Volume was light and trading was flat for the most part. Heres what I was seeing.
- Minor accumulation but also it appears the comapny may have introduced another 465,000 new shares into the market.
I believe we have had a few market makers picking up shares in small blocks getting ready for the eventual run DGRI will have. Not a bad thing if you ask me. I would implore the company to keep dilution to an absolute minimum as I believe they have raised the funds neccessary to fund operations for the remainder of the year and also continue to work hard to bring our crown jewl to producion and when the time is right hit us with the mother of all news.
- 200 to 300 Million JV agreement for Basin.
- 250 million share buyback and retirement.
I believe the company is laying the ground work for a very properous future so lets get it done DGRI.
lets keep the DGRI train moving North! The company is continuing to prove the reserves at Basin with that said lets hope they continue to keep the foot off the dilution pedal and when the time is right they hit us with knockout news.
Heres what I think would be knockout news
- 200 to 300 million dollar JV agreement with a major minor
- 250 million share buyback and retirement program.
Many good points there Big Daddy however Basin in our crown jewel and they need to do a JV for this. In my opinion we all know the gold is there and now is the time to strike.
Heres what I'm thinking.........................................
- 200-300 million dollar JV agreement with a major minor
- Buyback and retirement of 250 million shares.
Then let the quartley results speak for itself as there are billions of dollars of gold in the ground to bring to the market. However if they do find a need for additional funds heres what they can do.
- Issue 5 to 10 million preferred shares with a guaranteed yearly return of 10%. Its a no brainer in my book.
GREEN............While the general markets were down again which is creating termendous buying opportunities thru many sectors the BEST opportunity continues to be right here ladies and geentlemen!
Lets hope the management continues to work hard and continues to keep the dilution factor to a trickle and then when the time is right they hit us with the mother of all news.
A 200-300 million dollar JV agreement for our crown jewel.
Sometimes two much news or not the right news can be more harmfull then no news at all. As long as they keep going after that gold and keep thei foot off the dilution pedal then were good as its my opinion they have raised all the funds neccessary to fund operations for the next several months.
Now with that said when they do deliver news lets hope its the mother of all news such as a 2 to 3 hundred million dollar JV agreement!
Management lets get this done....................................
- JV Montana - Its been too long and that is our crown jewel. I would be more then happy to share the wealth. It would speed up testing which in turn would speed up mining.
- Add instant credibility - Is that not one of everyones concerns here.
- Reduce the A/S count - Creates value for not only the company but also the sharholders alike.
Its funny you mention the lord, I was over looking at the yahoo dgri board the other day and almost fell out of my chair when I saw one of the people posting there.
It may be an accounting nightmare but other then that there are two many positives that could come out of it. I've seen many jumior miners sign JV agreements that have had zero revenue and before you knew it they were no longer a junior minor but now playing and mining with the big boys.
Here would be some of the positives.
- JV Montana - Its been too long and that is our crown jewel. I would be more then happy to share the wealth. It would speed up testing which in turn would speed up mining.
- Add instant credibility - Is that not one of everyones concerns here.
- Reduce the A/S count - Creates value for not only the company but also the sharholders alike.
I could go on and on with the positives that would take away from any short term accounting nightmares. After all were all in this to make money and in my view this would be the best way to get that process started. So come on management lets get this done!
Now would be a good time to announce a 200 million dollar JV agreement, a 300 million share buy back along with an excellerated mining schedule.
This would put eveything to rest and would be the knockout blow. Come on DGRI management lets get it done and get the party started.
Well then you loaned the company a decent amount of money so they continue to further their efforts in getting closer to becoming a major player in the mining bussiness.
I hope you see a nice return on your money and management makes every effort to make that a reality.
Heres how I look at it EASY.......Who gives a flying F about a prior investigation as the only cause and affect it will have now is that this company and directors will be so clean to the book as far as the SEC go;s it can only help them moving forward to get that gold out of the ground and make themselves and a lot of shareholders very happy people.
On another note in a way I'm glad this guy showed up as it appeared the company was selling minor amounts of shares into the market again today. As a shareholder I hate to see a company do that especially a pink sheet company do that so maybe were lucky because if the volume was normal who knows we may have had 4-5 million shares added to the float and a decrease in the PPS.
So in closing....WE got alot of gold and a company who I believe has raised enough funds this year to get it to production lets have the management step on the gas and move forward at a rapid pace to get that gold out of the ground and get the long awaited party started.;
EVEN..........Todays trading was flat, but I'm ok with that. Looking at the total trades today and also the number of shares traded it appears we have two things.
1 - We may have a couple of new sharholders that have purchased small starter positions.
2 - it appears the company may have sold in my best estimatee 1.25 million new shares today. My numbers could be off and if they are I will update them after I take a closer look at all the trades for the day.
I would urge the company to give the PPS a chance to breathe and recover before adding any new shares to the float.
If we can find a happy medium where if the company needs to dilute for whatever reason without killing the PPS and eroding shareholder equity then as shareholders it may be a good thing if their making positive steeps in the right direction however, I'm still of the opinion that the company has raised all the neccessary funds to finance operation for several months to come.
SO come on DGRI management lets get this moving in the right direction in a HUGE way.
Fellow DGRI shareholders today were are at the dawn of yet another new trading day where anything can happen. Lets continue to hope the company has raised the necessary funds to continue funding operations for the next several months and slows the amounts of new shares hitting the market to a trickle and gold continues to hold strong or rise.
With the right ingredients we could have a huge winner here but as always lets keep it real on both sides of the fence.
At the moment I'm short on time so for now it's going to be up to you!
Well we all have been talking about that for a couple of weeks and it seems you may have missed some of the discussions so I would suggest possibly doing a little homework and then you will find your answers to the questions your looking for.
Hey 1man your questions and opinions are welcome here, The first part of your questions is easy to answer as far as dilution as all you have to do is look at the increases since the beginning of the year and the second part is short term its of zero benefit to current shareholder as far as the PPS go's
With that said lets hope the company has raised the necessary funds for operations for the rest of the year and they get busy doing what we have all ":lent" them our money to do and thats to get that gold out of the grond so everyone involved can see a hefty return on our investments.
Well I would say its definetly interesting seeing weekly filings come out and speculating on the reasons why other then the obovious.
I know for one and this is pure speculation on my part that if part of the reasons for these are a possible move to a more respected excahnge it would take the argument of many including myself at times about this being a pink and because of that anything is possible right off the table. So I guess time will tell if the company has an agenda not made public yet behind them.
Man Easy these guys are really getting their house in order in terms of filings. You know me make me question weather or not they are getting things in order for a possible move to a bigger exchange such as OB or AMEX. Interesting to say the least.
you are 100% percent correct and hopefully the company has raised all the funds they need to get them thru for the next several months and then they seek financing to get the party started because my view is even if you have to give some of the farm away theres an awfull lot of money in the ground that can and could make alot of people happy including the directors.
I'm looking forward to a day when I can post my classic .........KAAAAAAABOOOOOOOOM.........but thats only on a 40% or more up day but were going to need shaeholders keeping it real and the company continuing making stong strides and I'm sure it wont be long atleast I hope!
Fellow DGRI shareholders today we had a GREEN day! The general market was down again but GOLD held steady and strong.
With gold holding its own and being invested in a company that has alot of it lets hope this is the first of many green days for shareholders and very profitiable days, months and years ahead for the company.
LOL your right!
Hey Easy How are you doing today? I hear you man as were both invested with many others in this company and stock, I'm a firm believer in questioning everything be it good or bad because at the end of the day what ever company one may be invested its the company will either confirm your beliefs or your doughts.
There are alot of people that have been around here for a while on both sides of the coin and I'm sure there are lots of people that are undecided but yet look at this board. I'm ok with people expressing their opinions either way but whatever side it is if its to over the top my own feeling is that it will scare potential investors away. So you know if peoples feeling are positive or negative at least to to keep it real on what actually may be going on with the company at the time.
Congrats on a GREEN DAY in DGRI land
Most pink sheet LOI's are just contrived as an excuse to sell shares and nothing ever comes of it. Lets hope this one is different. My guess is we will find out soon enough.
I bet you were!
Yea OK.........Unreal this place is!
Todays Trading...........So far the company has seemed to take the foot off of the dilution pedal. Now what we will need is news with numbers and dollars associated with it to start moving north again.
Lets hope this is the end of the dilution for the next 8 months and the company and shareholders alike start to realize a return on their investments.