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What sense would it make to R/S right now? What would he gain from it?
He'd be hurting his family memebers invested here. Note I say invested and not received, because the 504 sales that Lasernat was able to get a hold of showed that the only person issued shares was Berman himself, and that was before the 2006 R/S to presumably give him 51%.
He'd be reducing the little liquidity that this stock has right now. It'd destroy the volume.
It'd cripple investor confidence.
The only gain he can get from it is to raise the price and allow for more dilution. He completed the 504 5/29/2007, giving us freedom from the next 504D until 11/29/2007 at the earliest.
Can you tell me one positive he would get from R/S? Even the dumbest CEO would figure some of this out...
Looks like the ask is pretty thin. Upticked twice on 1/3 the normal volume.
If it goes to 4, it won't be soon unless we get a massive selloff. We have to hope that we get substantial good news before then. At this point, thats the only thing thats gonna change this trend.
lol mono!
.25% = .0025 not 0.25
You're off by a decimal place righty.
"1 ton [short, US] = 2 000 pounds ore x .25% avg payday content approx gives 500 pounds yellowcake and if vanadium content is 2% then 40 lbs vanadium for the mill to sell, lot of cash for the mill, of course they have costs to process the ore, and this is why they only wish to pay 240ish/ton for the ore."
1 ton [short, US] = 2 000 pounds ore x .25% avg payday content approx gives 5 pounds yellowcake and if vanadium content is 2% then 40 lbs vanadium for the mill to sell.
Makes their numbers seem much more reasonable
More like a flippers hell...
Unfortunately, I'm beginning to agree. Coming out even would be a blessing now...
do you?
I don't think I saw this mentioned here from yesterdays TRSI PR.
"While fully prepared to complete the acquisition of their initial mining claims in the form of once productive uranium properties in Southern Utah, which they hope to have under contract within two weeks, they know that to become a force in this highly competitive field they must broaden their knowledge base."
I would say that means we may hear some firm JV news next week.
Better off.. Maybe you can find cap's lock while your gone?
or .0006x.0007, like it was all last week...
but whatever...
Pretty much since any of us started looking into this...
Thats exactly what has been lacking since the 504 closure and ending of accredited investors selling. Volume. When we get it, we go.
I'm afraid to say I think there is definitly a 504 or some other form of stock sales in AUMN's future. With RSDS unable to sell for another 5 months via 504, they still need operating funds. It all seems to be part of Berman's plan. At least it limits the harm to RSDS is about all I can say...
Just curious, how many people here actually bought ITHI, and how many are just following due to the RSDS connection?
Then why hasn't the A/S or O/S increased in weeks?
Hrmm.. someone else noticed that there aren't many sellers. So if they were diluting like you claim budget, wouldn't there be sellers?
FYI It's not bad news. He just keeps trying to spin it that way.
I will NOT lay off of someone trying to bash WITHOUT a factual basis.
What kind of stock doesnt move on JV news?? wtf...
theres the 5... oh how it hurts...
Gettin a little late in the week for news. Maybe next week?
we're on a record pace for volume here today....
Most of us knew that already, but some(one) refuses to give it up. Thanks for getting word from RB!
Budget, what do the other two filings say? Can you post them so we can see?
Budget, Have you found specifics relating to RSDS yet, or are you just continuing with the same old slander? I too can post lots of laws, but without specifics relating to RSDS, they mean nothing.
Even the new guy gets it! Nice Job Utah!
This has been an incredibly slow and painful month for pinks and pennies in general. Start of the summer means lots of individuals and MM's are away on vacation. Lets hope the situation improves and the volume gets better next week.
I hope there are lots like USF around. That means when we start to go up, we will have buyers.
I predict we close 5x6 today. Don't think we'll ever see 5 on the ask.
I'm also thinking the next update from the company will come next week. Not based on anything really, just a hunch.
Budget, Either pay to get the original 3 REGDEX's, post them somewhere for all to see, and prove your point, or stop beating a dead horse! This is getting kinda old.
irrsds@aol.com
seriously... we're all waiting for it....
Thats not how I interpreted this Budget. I see it as the family members bought into the stock. I guess it could go either way, but to just ASSume that shares were given to family is foolish.
I hope when he does he doesn't do it on pink sheets first. Just a national PR, just before opening bell is all we need. Catch people off guard. Maybe then we'll have some volume.
B/A isn't going anywhere in my opinion without some volume.
finally got some volume, but in the wrong direction.
Item 22 is one of my favorite parts to his filing. To me, if he has all his family investing here, he's not planning on trashing the share price.