I post Buys not Sells
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Exactly, Why on Earth would you sell before the report came out, a lot of the uninformed people sold today. Mixture of the scared and the people who have to go to work and sell so they don't have to worry. Well thanks again!
P.S.- I'm in all silver stocks except for SAEI and a little DGRI at .015. Holdings for years!
Going for 50k shares of SAEI tomorrow, thought I was going to buy at .275 but it appears someone who is not aware would like to give me their shares for as low as .245. Thank you.
Read...This is funny, if it wasn't for the European problem, this stock might not have went down hardly at all today, and we could have seen an up day. It rises 80% and all over the news yesterday evening you see problems with European debt, feelings of a crash. A lot of people either went to sleep or woke up frightened about a general stock market crash and thus sold their quick profits they made in SAEI, which is a mistake. They are PRINTING TOO MUCH MONEY to see huge drops again in the market. Where is all this money going to go LOL? There is a bond market crash in the process right now. Leaving your money in the bank is an automatic loss due to the inflation. Look at commodity prices, skyrocketing. Bank acct.=loss, bonds=loss, stocks in general=even or down, hard asset stocks= big gains. The crash of 2008 was the last time you see precious metals treated as commodities. Look at what happened in the most similar situation in the 1970's. Gold/Silver stocks break away totally from normal stocks and post the greatest gains in stock history.
LOL like it matters what "fast monkeys" or a few journalists' "opinions" are on gold/silver when there are 3 billion people on the other side of the Earth buying up all the silver and gold they can. Americans and their "opinions" will be left behind.
China= 12x gold buying of average americans
India= 20x
Vietname= 44x!!!(and they make how much less then what we do on average, the Vietnamese population, living in huts and fields, currently hold more gold then they entire Chinese government!)
The drop in these shares prices are incredible gifts, I laugh seeing people talk about next week(although it will be good here!). What about the next ten years? Where are you going to put your money? Home Depot and Google? In an upcoming western world depression? I am dumping everything I can turn liquid into companies like SAEI, and for right now, it ranks as one of the highest for upside potential.
Wow. Welcome to normal course-of-business. Maybe they haven't decided exactly how nor do they need too. "They don't give me the information when I want it right when I want it." That's because they aren't psychic. Just to play along though- They are going to simply issue more shares to pay for it. We could see $1 or more within a week, maybe $2 within a month, so then they issue a couple million more shares. It doesn't make a BIT OF DIFFERENCE, they will be bought up in a week by gold speculators like myself you are telling everyone I know to buy penny gold/silver stocks. Then they are debt free, cash in the bank, 2 decent properties(just decent but undervalued) and one great one(not even valued in it at all!).
43101 on the next property could take this to $3-4. Then they need only to issue a million shares, it won't be anything after everyone gets wind of this christmas present. Why am I even bothering with this.
Buy silver and silver stocks, merry christmas, hold this stock for 6 years and you will be a millionaire off $5000.
Future possibilties and a few links to read...
I am long this one for far longer then when the report comes out. The biggest gaining stocks in the 1970's were gold/silver stocks. Since the Fed Res. cannot raise interest rates without causing the interest on our debt to reach unpayable levels, then they are "stuck" printing money in order to reduce rates. Since the debt problem will only grow, the interest rate problem will remain and then so will the money creation in order to reduce those rates(they must keep their interest payment low as long as possible). As long as they print, along with nearly every other G20 country, gold is in a bull market years to come possibly even the next 20 years or until they figure out a way to get rid of the debt. They only continue to add debt at an alarming rate, anytime they can't find a lender, they print the difference.
Now imagine this happening for years on end, with no end in sight. The gold bull market will have no end in sight as well and you will eventually see the price of gold reach $10,000. That's almost a 10x gain from here. Now take your current projections of $1-2 per share on these two properties, then factor in the newest property they have 90% of, which is something like 2-3M oz gold, that could take you to $3-4, assuming no new shares. Now let's say your smart enough to hold throughout this gold bull and still hold this company when gold reaches 10k. Add a 10x to your $3.50 share price and you have $35 per share. This is all at $60 gold in the ground, jump an exchange and you've got gold valued at $150, giving you a share price of around $100. I see people joking around about $77 a share, wait 6-7 years, and that will be cheap.
A quote I'm sure many of you have seen- "The mathematical expectation of the spectacular is zero."
You people have all retired and you don't even know it yet.
Check these links out...
http://www.jkleiman.com/2010/11/10-2-trillion-in-global-borrowing-in-2011/
http://www.24hgold.com/english/contributor.aspx?article=3141962682G10020&redirect=false&contributor=Lorimer+Wilson&mk=1
http://www.packy-savvenas.com/secret-walmart-survey-shows-inflation-already-here/
http://www.24hgold.com/english/news-gold-silver-how-realistic-is-5-000-gold-.aspx?article=3144047526G10020&redirect=false&contributor=Chris+Mack
They will be in production before gold peaks. So the gold price, in the end, will be the ticket to those incredible gains. Gold could go to 5k or 10k or 20k an oz. depending on how long they are getting away with printing. Default is not an option, so printing is the only other one. Whatever the price of gold is do not sell while the majority of g20 countries are printing, this currently has no end in sight. Above all, it's the real rate of interest that moves the gold market. You just take the rate of interest most money makes sitting in banks, which is next to nothing now, then just minus the "unofficial" rate of inflation, as the reported one is BS. If it is negative, you are still in the gold bull market. Now it is very negative in the most developed and populated countries, thats why gold has been rising.
I am long this one for far longer then when the report comes out. The biggest gaining stocks in the 1970's were gold/silver stocks. Since the Fed Res. cannot raise interest rates without causing the interest on our debt to reach unpayable levels, then they are "stuck" printing money in order to reduce rates. Since the debt problem will only grow, the interest rate problem will remain and then so will the money creation in order to reduce those rates(they must keep their interest payment low as long as possible). As long as they print, along with nearly every other G20 country, gold is in a bull market years to come possibly even the next 20 years or until they figure out a way to get rid of the debt. They only continue to add debt at an alarming rate, anytime they can't find a lender, they print the difference.
Now imagine this happening for years on end, with no end in sight. The gold bull market will have no end in sight as well and you will eventually see the price of gold reach $10,000. That's almost a 10x gain from here. Now take your current projections of $1-2 per share on these two properties, then factor in the newest property they have 90% of, which is something like 2-3M oz gold, that could take you to $3-4, assuming no new shares. Now let's say your smart enough to hold throughout this gold bull and still hold this company when gold reaches 10k. Add a 10x to your $3.50 share price and you have $35 per share. This is all at $60 gold in the ground, jump an exchange and you've got gold valued at $150, giving you a share price of around $100. I see people joking around about $77 a share, wait 6-7 years, and that will be cheap.
A quote I'm sure many of you have seen- "The mathematical expectation of the spectacular is zero."
You people have all retired and you don't even know it yet.
http://www.24hgold.com/english/news-gold-silver-how-realistic-is-5-000-gold-.aspx?article=3144047526G10020&redirect=false&contributor=Chris+Mack
Question and Statement-
How can you tell how many shares they've purchased in the buyback program already or is it impossible to tell?
By the way, I am long this one for far longer then when the report comes out. The biggest gaining stocks in the 1970's were gold/silver stocks. Since the Fed Res. cannot raise interest rates without causing the interest on our debt to reach unpayable levels, then they are "stuck" printing money in order to reduce rates. Since the debt problem will only grow, the interest rate problem will remain and then so will the money creation in order to reduce those rates(they must keep their interest payment as long as possible). As long as they print, along with nearly every other G20 country, gold is in a bull market years to come possibly even the next 20 years or until they figure out a way to get rid of the debt. They only continue to add debt at an alarming rate, anytime they can't find a lender, they print the difference.
Now imagine this happening for years on end, with no end in sight. The gold bull market will have no end in sight as well and you will eventually see the price of gold reach $10,000. That's almost a 10x gain from here. Now take your current projections of $1-2 per share on these two properties, then factor in the newest one they have 90% of, which is something like 2-3M oz gold, that could take you to $3-4 assuming no new shares. Now let's say your smart enough to hold throughout this gold bull and still hold this company when gold reaches 10k. Add a 10x to your $3.50 share price and you have $35 per share. This is all at $60 gold in the ground, jump an exchange and you've got gold valued at $150, giving you a share price of around $100. I see people joking around about $77 a share, wait 6-7 years, and that will be cheap.
A quote I'm sure many of you have seen- "The mathematical expectation of the spectacular is zero."
You people have all retired and you don't even know it yet.
Question...
I was going over the posted "DD" above and was finding the news releases just to make sure what I was reading was true. I found this release...
http://finance.yahoo.com/news/Supatcha-Resources-Signs-LOI-prnews-2146643592.html?x=0&.v=1
It contained this...
"BALKA SKYROKAYA GOLD PROPERTY:
Property centrally located in Nikopol mining district with road access and electrical power close-by.
282 drill holes for 93 km of core with 11,764 assays of ore zones
Exploration shaft to a depth of 168.4
Gold zones are tabular near vertical veins hosted in altered mafic and felsic volcanics with interbedded iron formation
Drilling of mineralization today concentrated on 100m by 150m grid to a depth of 450m
Deepest intersection of zones at a depth of 700m
Average grade of mineralization: 5.71 g/T Au
P1 resource = 6.5 million tonnes with 1.3 million ounces
P1 + P2 resource = 10.1 million tonnes with 1.8 million ounces
P1+P2+P3 resource = 17.1 million tonnes with 3.1 million ounces"
So they have another property with a possible 2-3 million ounces of gold on it? I'm guessing it has no 43101? otherwise this stock would be priced much higher? SAEI seems really cheap considering they have two properties like this, the second ones seems even better.
Also, I'm guessing the 43101 of the first property is going to contain 1.1 or 1.2 million oz. of gold, based on their numbers, correct? That would take us to $1.00? What kind of gains could the other property add in?
Important Question...again...
I guess I will ask this now lol. I was looking on the chart and this stock was over .30 a few months ago, then went to a penny. This is weird given the price of gold going up so much then. So what happened that made people think this stock was worthless? Why did people value it at a penny for a time?
Important Question.....
Is there anyway to tell how much of the $3M they have used to buy shares so far? Any way to tell how many shares they've bought so far?
READ THIS IF YOU DONT READ ANYTHING ELSE
The reason we are not seeing a larger climb in the share price is for two reasons. Gold/Silver went up too fast for there not be a little profit taking and selling by mining companies at the new highs. Many people who are not educated on current affairs with gold or even those foolish enough to believe it is in a bubble. (Despite hundreds of commentators calling for anywhere from 5k-10k. It’s not rocket science, when G20 governments are printing trillions to make up for there muti-trillion deficits, gold goes up.)
Must read articles...
http://www.jkleiman.com/2010/11/10-2-trillion-in-global-borrowing-in-2011/
http://www.24hgold.com/english/contributor.aspx?article=3141962682G10020&redirect=false&contributor=Lorimer+Wilson&mk=1
http://www.packy-savvenas.com/secret-walmart-survey-shows-inflation-already-here/
http://www.24hgold.com/english/news-gold-silver-how-realistic-is-5-000-gold-.aspx?article=3144047526G10020&redirect=false&contributor=Chris+Mack
The other reason is that today is just a general stock market selloff, the nervous people take profits and rightfully so, however it is pointless if they are going to let it sit in dollars. So it’s a double whammy on DGRI but it’s holding up amazingly well. After this stock shake out and gold starts to climb again, DGRI should start making consistent small leaps upwards, I believe we will see .10 within couple weeks. Long term, this stock will be amazing as it offers such great leverage to gold. For a more detailed analysis of this stock, please refer to the DutchGoldResource channel on youtube, just read the video description under the video.
LOL sorry that you believed the "$350 million in Silver" b.s. but CPMCF is a joke compared to Dutch Gold.
CMPCF has no NI 43-101, except for the imaginary one the stock pumpers had people believe. If it did, then where was the gold #'s? There was none ever published or promoted, just the silver, which is a joke unless it's a major resource or has gold.
Dutch Gold has had 2 third party evaluations, both agree not all gold has been identified and both agree to close to 2.8M oz gold.
CPMCF had $350 million in silver. DutchGold has $3.6 billion in gold at just $1300 per ounce.
CPMCF has no marketable securities, DutchGold has just under $2 million in AGDI stock, with today's price .38 cents.
CMPCF is just property, DutchGold has a million dollar 330 tpd mill.
Hilariously enough, I bought CPMCF at .045 cents and sold it at .20.
If that garbage company can do that, I can only imagine that this one can do, that's why I sold my CPMCF after week 1, as opposed to Dutch Gold, who I will hold until sometime in 2011.
This company can triple in a week for three reasons…
1- The company has a NI43101 on their Basin Gulch property, drill results concluded it had 2.8 million equivalent gold ounces.
2-They hold 4,950,000 shares of Aultra gold stock which has almost doubled in the last two weeks, valued at almost $ 2 million as of last friday. DGRI has a market cap. of just $4 million right now, their stock holdings could exceed their market cap in just two weeks.
3- The rise in gold is just getting started and it can easily exceed $5000. As long the rate of inflation is greater then what people are getting on savings, the savings will continue to flow into gold for the next several years. So how long will inflation last? As long we have a budget that exceeds our income by double, a whopping $4 trillion a year. The federal reserve will create bonds to make up for the lack of investors for their T-bills, bonds, and notes; on top of their QE1 and 2 which is also coming into the system. As long as they have to print money to keep rolling over our ever increasing debt with newly created money, gold will keep rising. This is happening not just here but in most G20 countries to the tune of $10 trillion in 2011 alone. The idea of a gold bubble is a joke as less then .4% of the American people's assets are invested in gold. Chinese buy 12 times the gold, Indians buy 20 times, and Vietnamese buy 44 times as much gold as Americans, which is incredible considering how much higher our average income is. The rest of the world views gold as money, we are behind the curve this time.
DutchGoldResources' Youtube Channel(analysis in video description)...
VIDEO ON YOUTUBE, READ DESCRIPTION...
Under the video description, there is great analysis of where this stock could be heading in the next couple months...
Video update, must see if you have not....
check out the video description...
Here is the link...
I think I might get in on monday, looks like a major winner from that dutch gold resource video on youtube, they just updated it today. $3.6 billion in gold sounds just fine for me at 3 cents a share. If you haven't checked out that youtube page you should, just read the video description before watching the video.