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DOS are you starting to feel like a yoyo?
These Good Morning posts sure are informative.
Well boys looks like we are back on track. I hope everyone was able to return from the Twilight Zone episode of the last few days.
Looks to me that everything is on the same track just slow as molassis as usual. Benz you have got to stop drinking that Russian Vodka in the morning.
As Papillon said as he floated to freedom " You Bastards. Im still here."
You might be right but I hope not.
Hey guys I have been here almost from the beginning when Treepeople gave me a heads up to buy this at 2.7 cents. Tree people soon left IHUB because he got a job in the financial sector and it was a conflict for him to be posting on IHUB. I think he still reads the board.
After Tree 2create took over. Having watched this thing day in and day out since here is what I think.
2create is an honest guy who seriously believed in AURC. Why he disappeared I can only conjecture. Maybe he got fed up, maybe he went crazy, maybe he found out some things he didnt like, maybe he is working with AURC and cant post here, your guess is as good as mine.
DOS is just an investor, has done a good job here, and has the right to buy or sell AURC whenever he wants to.
BENZ has also been here from the beginning and I think he wants this thing to work. He may be in contact with 2create but cannot divulge anything he knows if there is anything actually worth divulging. He generally speaks his mind and i dont believe he has any ulterior motives.
I think there are enough of us here that we should try to find someone who speaks Russian has a business background and understands how things work in Russia and all chip in and send him over there to AURC to once and for all figure out what the hell is going on. At best things are actually progressing. If not than lets write this thing off and move on.
I have owned this for a long time probably because I am stupid. The problem with this company is they never ever do what they say they are going to do. Every PR is a one sided worthless piece of paper with no follow up. Production? Takeover? Shareholder meeting? etc. etc.
Just bought some GW (Grey Wolf). I think its a very low risk long term hold here with good upside when Nat Gas takes its next move up.
Anybody here own PTCH and have an opinion? It has cratered and may be a good value play here.
Benz last week you seemed very positive and now you are sounding fairly negative. What is happening in your opinion? I have been in this thing almost as long as you but my patience is finally wearing thin.
(COMTEX) B: StarGold Mines Closes on Acquisition of UniverCompany ( Busine
sWire )
B: StarGold Mines Closes on Acquisition of UniverCompany ( BusinessWire )
NEW YORK, Aug 27, 2007 (BUSINESS WIRE) --
StarGold Mines (OTCBB:SGDM) announced today that it has completed
the acquisition of 100% of UniverCompany LLC, a Russian Limited
Liability Company (UniverCompany). As previously disclosed on December
4, 2006, UniverCompany is a precious metals mining operation with
rights to develop and extract natural resources in the Siberian and
Far Eastern Federal Districts of Russia. UniverCompany's sole
shareholder received fifteen million (15,000,000) restricted shares of
StarGold Mines common stock in consideration for his shares of
UniverCompany. Prior to this new share issuance, StarGold Mines had
cancelled 40,000,000 common shares owned by previous management. The
company has also completed a placement of $500,000 at $3.50 USD per
share in June, significantly helping to fund operations.
Based upon UniverCompany's audited financial statements for the
12-month period ending December 31, 2006, UniverCompany's net sales
and total assets were approximately $1.8 million and $26 million,
respectively. This is based on an exchange rate of 27.14:1.
UniverCompany's principal mining assets consist of rights to the
"Nerchinskie" minerals & metals deposit, which StarGold believes
contains significant amounts of gold and silver, and approximately 17%
of the "Karalon" deposit, which the Company believes has both precious
metals and other scare resources such as copper, lead and tin. The
balance of the purchase price for Nerchinskie of approximately $26
million USD must be paid by UniverCompany prior to January 2013. Under
an agreement dated December 2006, UniverCompany has the option to
acquire the remaining 80% of the Karalon deposit in return for a
payment of $2.8 million USD.
Under the terms of the acquisition, UniverCompany will become a
wholly-owned operating subsidiary of StarGold, with current management
continuing to run day-to-day operations. StarGold is currently quoted
in the United States on the NASDAQ Bulletin Board under the symbol
SGDM and on the Frankfurt Stock exchange under the symbol STZA.
StarGold Mines interim CEO and Director Marcus Segal commented,
"UniverCompany's assets, knowledge and personnel are a valuable
addition to StarGold. This acquisition is the first step in executing
our business plan, the unique knowledge and contacts of UniverCompany
management should be very helpful in identifying additional
opportunities similar to the Karalon deposit. Our goal is to enhance
shareholder value by adding proven resources to our portfolio of
properties. With only 41 million shares outstanding, we are well
positioned to make additional acquisitions of precious metals
properties in Russia and Eastern Europe."
About StarGold Mines: StarGold Mines Inc. is a U.S.-based gold
mining company which holds rights to develop and extract natural
resources. One hundred percent (100%) of its assets are located in
Europe, primarily in the Siberian and Far Eastern Federal Districts of
Russia. The company's strategy is to seek investment and acquisition
opportunities in Russia and Eastern Europe, with the aim of developing
a portfolio of natural resource opportunities attractive to Western
investors. Additional information can be found at
www.stargoldmines.com.
Bought some SLW, HBMFF and ROY in the last hour today.
I agree Benz has been here since the beginning and isn't prone to BS. I for one am feeling much better just seeing him here saying things are looking good.
I mean it is pretty obvious AURC has some great things to say or they wouldn't have called this meeting.
Are you sure you have been reading the board? If you were you would know that know one knows exactly what 2create is doing or if they do they are not saying.
Here is my take for what it is worth. I think we have nothing but good things coming for the next several months. The company would not be having this shareholder meeting if they didnt have alot of positive things to say.
Based on what Benz said I am conjecturing that 2create may be working behind the scenes with AURC which is a really good thing. That would explain his not posting.
I think we are going to be really happy campers here very soon.
I was wondering where you were and obviously 2create. Your post makes me feel alot better even if I dont know what is going on yet.
Im not selling until it hits $100.
wildcatter is just another shameless pumper who knows nothing about the company. OOOPPPS not only is he a EDEX shareholder but he is President.
Disclaimer: I am just joking around.
The company hired L2I because they have good things to say. They would not have hired them if nothing was going on. Exactly what is happening I dont know. Only they know but I will bet you this stock is higher maybe alot higher in a month. Oh I guess I already bet in my brokerage account.
Just picked up some HBMFF.
Lets look at the brite side. If they actually come and do the meeting we should have a very clear understanding of what is going on for the first time. Also I doubt they would call this meeting unless things were going really well with the business. Would you?
So I guess the bottom line is the stock is probably a good buy for the very patient not for a flipper. I know when I bought my original shares over a year ago I was willing to hold for years if necessary.
Hey tr8dervic I passed the series 7 also in 1979. Wow long time ago. We went on a 3 day binge when we found out we passed.
In regards to NNRF I built a large position between .60 and 1.60. Sold all the way up from 3.15 to 9.40. Kept 1000 shares for posterity. Entered one more time during the latest sideways action got out on breakdown with small loss. Still have the 1000 that I will keep for a long time.
I dont know why they allow anyone under 30 to post here. Not enough experience to have any idea.
Did anyone here actually think we were not going to get a new T/A ???
Thank you 10bagger bought yesterday at .97 cents. Loved the chart. Thank you for bringing it up here I never would have found it otherwise.
Eik has been around a long time and in my opinion he is a stand up honest guy. He may have talked to some secretary who was very vague and remember it was in Russian. Remember Eik didnt say the deal was off if I remember correctly the translation was that Katrix had completed there part. Who knows if the person he talked to knew what was happening.
The hang up right now is probably the dividend. They need to complete the dividend before they can do the buyout. Hopefully they have hired a good TA.
Bought some ZYNX yesterday at 97 cents. Good call guys.
Filled 1.2 million. I wish it wasnt so easy.
The UBSS order is mine. I have picked up over a million shares at .001 in last two days and looking for more. Like this long term.
Yes almost sold BWLRF on that news but didnt thank you.
Just picked up some more GPXM at .37
I guess its all in your perspective. Im down some in AURC, about even in AENS, down a drop in SGDM and made more than 50K in NNRF so I like 2creates DD and moderating.
gold100 take responsibility for your own actions dont blame your losses on 2create.
Tom thank you very much for the update and clearing things up. I have held a core position for over a year and dont plan on going anywhere.
catalex 2create did mountains of DD here confirming virtually everything. The deal with AURC is we will get paid off one way or another the only issue is how long it takes.
Theres a new book out "Buy high and sell low and never pay taxes". Wolf must have read it.
The good news is all the doubters and fence sitters are selling now. As soon as there finished we will probably get some good news. Thats how it usually works.