Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yes, IRS.
It is determined by SEC. They have to pay 90% of taxable income in dividends. The more income the more dividend.
Hey ORC Stop....
Do not go up...
Our GURU says it can never go up...only down :)
Lol!
Thanks to Trump operation Warp speed.
Moderna vaccine unlike pfizer direct result of Warp speed as Pfizer idiotically and ironically pointed out.
So pfizer vaccine 90% effective. Moderna 93% effective.
Pfizer vaccine need negative 93 F freezer not available in any regular pharmacy. Moderna -5 F which every pharmacy has this freezer.
Pfizer is being produced. Moderna has 100 million doses ready.
Once again like the Fraudulent Election, Trump's Warp speed wins
No thanks Pfizer
So I ask everyone here to Please Read the article you linked.
The article is a Study in Contradictions...
First he says mREITs are bad and returns are 0.4% over 15 years. No indication on Methodology used to generate these returns.... BUT Even taking his chart at 1 and 5 and 10 years Returns are same or better than REITs which are supposedly better. At 5 years 15% return...WOW for mREITs using HIS OWN chart :)
Second he says most important is managment and TRUE that CEO Bob Cauley is a great CEO with a great Team.
Sorry any careful analysis of that article shows contradiction and selective conclusions.
I think everyone should be careful, buy lows, dollar cost average and monitor managment and listen to conference call...it is called work of investing.
Thank you for article.
I try to but mostly dollar cost averaging with whatever I have after expenses paid :)
I just did.
Once again I replied to your REAL chart....this Chart is REAL but YOUR USE of It Is MISLEADING..
Your chart assumes a person buys a Stock and NEVER EVER AVERAGES Down....True if you do that you would lose money over time. SO you Have to Average Down.
The Other HUGE part of this chart You Do CONVIENTLY LEAVE OUT is the DIVIDEND PAYOUT CHART. While share price does decrease you are Getting an ENoromus high Dividend payout. Average 15% compared to bank deposit of 0.5% or less!
If you add dividends AND Average down you come out ahead after 1 or 2 years and it is just upside from there that is if You Just average down. Others who are more expert at trading sell and buy and they make even more. But you do not need to trade to make money with ORC and it's very capable management.
If anyone would just listen to the quarterly call. There is one tommorow at 10am.....they would know really quickly that ORC is in hands of very intelligent Mortgage and Market experts who understand and wisely manage All Risk and very cautious in approach.
Listened many times and I just laugh at all the inane attacks on the company by some here.
Investing in mREITs for me is long term but many trade and good for them if they succeed as well but is not required if you have long term horizon.
3rd Quarter out.
WOW!!
Net income 28 Million or 42 Cents per share
Dividend only 6.5 cents per share
Book Value Up to $5.44 per share
Return of almost 8%.
Great work by the CEO and All management team!
That would be wise decision by a very wise CEO.
I also support Mr. Cauley.
I can not decide the dividend even I was the CEO. No one can. The dividend for mREIT is decided by the IRS. They have to pay 90% of all Reit Taxable income as dividends since they do not pay taxes on profits. So more earnings lead to higher dividends to maintain their tax status.
I am adding as I can.
Dividend 0.065 just declared.
Third quarter Earnings 42 cents....only 19 cents of dividends paid. ORC has more than double dividend in Earnings.
Maybe a dividend increase soon!
Something I just noticed....
Why would our CEO strike a "Collarabtive relations" with our neighbor land owners.....unless there is a reasonable expectation of need of their access....
Access for what.....
That release tells a lot.
I remember. I was watching share price and will NEVER Forget what happened.
The share price had nearly reached 20 cents after the JV with Nak was announced (At that time Anglo I believe was in a JV with NAK) a share and a News PR came out announcing the Lawsuit against LBSR for the Option Issuance.... (Dont remember time of day) but I saw in a split second share price go from 20 cents a share to 0.001...it then recovered a little but it was the start of the dilution we are still trying to recover from.....
It was a VERY painful LESSON in Need for a CEO Who Understands Business Laws...Very Painful.
Completley support Brett Gross.
Not before any JV deal...otherwise it will be viewed negatively as a share selling penny. After a JV and the meterioric share price increase, it will not matter and could be useful to reduce share numbers. Again at this point as of today until a JV is concluded, only market cap matters. So we re saying similar ideas.
I think .10 is not rich at all. If the partner is a large company and intention to develop a mine. It might even be a minimum at .10 . 500 million is nothing if we have a solid
JV and confirmation of mineral resources and intention to build a mine. Share structure has nothing to do with it at this point. Only market capitalization.
One of the posters (Imposters) on other board sent Tracy a message and published it wishing Brett Gross fails....so that Briscoe takes over???
I do not know what person would wish that but very revealing of the characters on the other board....
Mr. Gross many real shareholders wish you success
Ignore the others please.
Thank you.
I know some disagree....
But NAK Problems have NEVER been about Permitting or Environmental issues like the EPA. These two problems are solved with technology and administration.....the Problem with NAK are much more Fundamental and they involve the Economics of mining where ZERO Infrastructure exists and I believe Rio or Anglo not sure...and does not matter anyway..
Left the JV with NAK not because of EPA or Permitting but ECONOMICS OF PROJECT ARE NOT THERE AT 3 DOLLAR copper or even Double that... read their exit statement 10 years ago or so...no.mention of EPA or Permitting...
This is an LBSR board and so I bring this up because unlike NAK, the Hay Mountain project has the infrastructure and favorable weather for mining....why we wasted so.much in Alaska is reason why share price is 0.0008. Brett Gross is cleaning up the mistakes of Alaska...I want LBSR to have ZERO TO DO WITH ALASKA maybe in 5 to 6 generations after we all leave....maybe for our grandchildren but it has nothing to do with EPA or Pollution...it is just Alaska Economics are horrible for ROI.
My opinion only.
It is very realistic for 1 cent a share....
Let us assume 5 billion shares outstanding
That is 5000 Million shares. If it goes to
1 cent a share that means a market Cap of only
50 Million dollars.
If LBSR can ink a JV with clear goals of Proving the Presence of the ZTEM data then 50 Million is just a minimum Market Value . I remember it running to about 40 million market Value on JV with NAK and that was a long shot even back then since everyone knows (except the former CEO) that Alaska is money pit because of all the Infrastructure needed to make any profit.
AZ and Hay Mountain is obviously night and day compared to AK.
So any progress toward getting The JV is welcome news. It is also clear that countries around World are opening up (although slowly) but they are opening up....just search travel in Google..many stories on it.
Thank you Mr. Gross for focusing on what matters.
I understand this to mean that there must be a reason to further elucidate specific drilling locations....in other words someone needs this or mentioned this or it was understood. That to me indicates a reason to expend money and effort and Science to do this.....
That is my understanding.
Did I mention that I LOVE that is was AFTERMARKET.
I really hope Mr. Gross narrows down the drilling locations , very valuable when talking with potential partners. I love that it was released aftermarket!! Very good.
That post turned out to be correct!!
ORC just declared a dividend INCREASE of 5 cents. Now the dividend is 65 cents. A 10 cent increase since start of year. Twice an increase in dividends this year.
Future looks promising. Let's see next earnings call.
Change of course...
Forget the Moon!
We are going to Mars!
:)
Quarter 2 Earnings Per Share out.
Earnings of 73 cents per share vs 20 cents Estimate!
Sales of 23 Million vs 15 Million Estimate!
I nearly fell off my Chair (pardon the pun) :)
Go ORC
There is a saying....
The Apple does not fall far from the Tree.
We have an Experienced CEO.
By the way...while Gold is a good repository for Wealth, it by itself is not Wealth creating. So unless we have bonanza type grades, I think it is foolhardy to switch focus now, Gold is a great byproduct of a copper mine along with molybdenum and other minerals.
IMO.
I think there is distinct possibility of more..
I will listen to next quarterly call closely.
The Eagle is still Ascending.....
:)
That is very good news.
That of course has nothing to do with stock price as it is all Based on news releases.
I wonder if insiders in NAK are selling???
I do not care. I own ZERO ZERO NAK shares and this is LBSR board.
LBSR has nothing to do anymore with Alaskan Hype Pipe dreams.
Good luck.
No one knows the future.
Easy fruits picked up first....
Hay Mountain will be built. :)
Pebble in 10 more generations.
I agree completely and those are some points I did not list.
A follow up to this...
This is why I Fully respect and Support Mr. Brett Gross as the CEO.
Gross is Rooted in Reality. Business is not some mythical huge deposit in middle of nowhere that will NEVER be drilled...that is Hype and Pipe dreams. Our former CEO should have realized this when the Major miner pulled out of NAK deal because of Economics not environmental reasons.
We do not need more ZTEM, more Samples, more Pipe creams in Alaska, we need Action, Reality, and Proven Practical easily Drilled Huge Reserve which is Hay Mountain. Briscoe deserves Credit for his Scientific Discovery of Hay Mountain. Briscoe deserves blame for Following and wasting our Limited resources on the Pipe Dream of An Alaskan based Copper mine in middle of nowhere.
Go LBSR
Let's make all shareholders including Briscoe rich :)
I NEVER post on NAK board because I do NOT care because I Know Pebble is a bubble. I do not go around posting on their NAK board but you said you sold all your shares of LBSR but yet you still post here old garbage about the company.
Ironic...
The ONLY REASON why LBSR shares are in 0.001 range is Because of Alaska based Copper mine pipe dreams... :)
Tell that to major miners...
If you want to play trading game with NAK...no one is stopping you.
But everything I mentioned is Absloutelty true. Pebble will NEVER be successfully mined because of the Economics of the project not the EPA.
Hate to burst the NAK Pebble Bubble....pardon the pun.
Regardless of The Trump Adminstration, Alaska Natives, EPA, etc...Even if all these forces are favorable in current climate....Pebble has Much more Serious issues for Development.
1) nearly Zero Infrastructure or Deep Water Ports for economic Viability.
2) No Access to Huge megawatts of Electricity for copper production.
3) Very Bad Environment of ICE and Sensitive Fisheries.
4) 10 Billion or more minimum needed to just begin drilling before many years to get any return
5) Big Multinationals that partnered left due to ECONOMICs of project NOT because of Obama EPA as many seem to believe although they were anti mine but ECONOMICS WAS MAIN REASON.
Compared to LBSR Hay Mountain....Hay mountain has the Exact opposite issues. It is EXTREMELY Economical and Favorable to development.
NAK is for traders.
LBSR for Investors.
IMHO. :)
mREITS Make most money when interest rates very low.....they cant get much lower.
I personally buying a house...so I'm contributing :)
Percent wise an increase of 9% in dividend.
The Eagle has just started its climb.....
Dividend Increase!!
More to come....
:)
It is logical and clear.
Problem with other board is they try to find a conspiracy where none exists.
JB who I talked with in past mentioned many times his concern for vultures circling Hay Mountain. JB did nothing useful about it....but BG does what is logical and they see a conspiracy....
They remind me of those who still deny Hydroxychloroquine/Azithromycin/Zinc works for COVID-19....it is a conspiracy they say :)