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also notice that the current set up on ffgo is NOT the same old story as before...just like the take over of hglc, not everything always goes as planned...things may appear perfectly scripted in hindsight, but we all know that a 'war' to takover something required constant and dynamic evolution of strategy based on new information...right now there is a 'war' to take over hglc and ffgo is like the assistant country that didn't expect so much difficulty in the task to take it over...in the process, it seems that Alan's strategy keeps changing as well as Lumbs...however Lumb still wants HGLC, if he doesnt have it already...it seems that Alen decided to bail from public eye with FFGO, and wants to resume his career in different light (behind the curtains) but will not be screwing over the investors nor his own rep in the process...I dont think that this was Santini's original plan, but decided it after the constant public harrassment, and caos, etc. Nonetheless, Lumb and Santini have never diverted from the original plan, and that plan was to make money...every action indicates that they do not want to damage the pps of hglc or ffgo but want it to rise...considering that they are heavily invested also, it would make no sense that they dont want the companies to survive...all this talk that they are unloading at current pps is nonesence...why would they unload at current pps when they can produce results and have the pps rocket to unparallel heights???which is smarter??? Then the question arises, why do they want the hglc pie and now want to ride the gold wave with claims that ffgo is now a gold value play??? seems they know something of great value and i am not about to give my shares away, until the actual value of these two plays are revealed!!!! didn't mac these two sisters for months now for nothing!!!...lol...I want to see where things are heading and have the time to stick around...
-PD
yup, now you know how badly they want more shares...if you sold some, its all good...supose everyone has got to do what they got to do in order to realize the despiration of the MMs on this play...I figured in out on my last movement buying into the play a few wks ago...it was very obvious that they are demanding a premium to current pps for their held shares, but the mm's will also chase the ask in order to get someone else's shares!!!!that the key clue!!!...makes you wonder how many mm's are on the bid for the big boy lumb...seems like the orders are simple...get more shares even if you have to chase it...and considering that everyone is holding tightly onto their hglc shares, it will not be very easy to buy back in at current pps when this baby runs,,,and run it indeed will...hope ppl have their running shoes on cause they will need to chase it all the way up when it explodes on the upside...trying to get a large position at that point (and at current pps) will be a very difficult task indeed...I know it...you know it...the mms know it...the big boys know it...but do the rest of the ppl know it?!?!?!what is coming????....here is a hint...$$$$$$$$$$$$$$$$$$!!!!!
-PD
because lumb does not own the company yet...however, at this rate, he will have a prety big stake, if not power to take over...forgeting the naysayers, one needs to realize the possibility that there is actually gold under those mines,,,,GOLD!!!!who would not want more shares??? the sceptics and bashers have distorted this play...but big boys like lumb are moving in and moving in fast...why not follow the leaders...maybe they know something that we dont know...if they were selling I would be worried, but they are accumulating...makes you wonder why????? (could be a clue)
-PD
I dont trust em either...but to trade at the current pps of .0001 is sh.t and I am willing to wait instead of rushing the gun here so to speak...there is a lot of time from now and the minimum delay of oct 20th...it is already stated, that the divi date will occur AFTER the stock cancelations take place and all cancelations are confirmed!!!!That alone is a sign that this price of .0001 will not last, since this price reflect the current OS which does NOT reflect of the company is saying that the ACTUAL OS is and so there is room to move up from here...to throw the shares away at .0001 and have this baby move up to .001 (a 10 fold increase as the last run) would just be horrible for the seller of tomorrow but each to their own...i will habe a buy order of .0001 and gladly take the cheap shares that have the juice for a 1000% (plus) run in a month or two, or three...Only a matter of time now before the REAL story is revealed! GL
-PD
yea, it is interesting...and if it is actually true, then this company will not actually 'collapse' with a 'no bid' because the 'big boys' will NEVER let it...dont forget that lumb and santini have heavy stakes directly and indirectly in ffgo,,,and if they release a divi for the exchange of the gold mines to this new company, then they will not only have big stakes in this big company, but will be extremely wealthy once or sould I say IF the company acutally becomes gold producing in a few years...and IF lumb is behind that one also, then that just means that his stakes in that one get higher and higher...Likely scenario will be that he will let the new company take the mines close to production and just ;attempt a 'take over' just as he is doing with hglc (if he doesn't already own that damn one too!!!) and so by default, neither lumb nor santini can afford to let ffgo hit the ground since they will lose their stakes in ffgo's other assets, including the possible divis in the newly formed gold company...it seem one complicated web right now,,,but for some reason, I am hardly convinced that they are as stupid as they are trying to appear with these recent PR's and releases...something bigger is in the background, and I am starting to speculate that it is much bigger than taking a few bucks off retail investor...Lumb has already exemplified his ditest for the retail investor and clearly has much bigger plans then a small-scale 'rip-off' of a penny play stock...IF the new gold company is not trading on pink sheets, it would be even more evidence that his true intentions lie with the BB and not pinkies, as he has clearly displayed his ditest for pink sheet and retail investors...All this is a wild theory that actually may not be that wild for the clever thinker GL
-PD
"The Stock Dividend "Record Date" and its "Pay Date" will not be set until such time as these remaining shares of the Company's stock are cancelled by the Transfer Agent. Furthermore, Hurasu has requested that these Stock Dividend "Record" and "Pay" dates not be set before October 20, 2008. The Company and its Management have agreed to abide by this request"
...seems like the gold mining assets will be better utilized in this new company, since they actually are going to try and mine them for GOLD...the restriction makes sense, and it ensures long term viability...
...in the long run, if a shareholder were to wait for the divi date and get the shares at the current exchange rate, even if they had to wait 2 yrs to get the restrictive legend removed, it could be quite a lucritave operation and investment, as it would take time to get the gold mines up and running...
...although santin looks like a scamer buy not following through with his promises, if these stock cancelations actually occur, and this extrodinary divi actually get release, and the gold company is actually a viable contender to explore and extract the gold in those companies, THEN the result will be so extrodinary that santini's rep may actually be remembered as a savior of a collapsing investment...however, a lot would need to materialize if he wants to get out of this one without bruises...
...another thought that i had was...why didnt ffgo just give the gold mines to hglc since they are also a mining company? well, with hglc wanting to focus its energy on mockingbird mine and already having many other mines to exploit after that one, it would be pointless in giving them these two mines, as hglc would not have time to expore them...instead, by giving them to this new company, the mines are going to get effectively mined without the delay...and if lumb actually is behind hglc and even hurasu, then he will be preceived as not a scammer but a boy genius for creating not one but two running gold mines, and having aquired MAJOR stakes in both recently formed companies...if you step back and look at the BIG picture, that is where it seems he is heading and has been heading for the past half a decade...yea, it is easy to shout scam scam scam but it is sometimes harder to actually perceive what these rich ppl have planned for their 'enterprise' ...I could be wrong of course, but it does seem viable that his BIG dream is likely to have multiple gold mines actually producing gold one day...and if he did that, then he would have aquired the financial 'power' that he so obsessively seeks, as well as have made a name for himself on the fortune 500 big boy list of billionair visionaries....well, if all this is fairy tale and he is just a scamer, then he is quite stupid because my theory has much more lucritive implications, and since I am also one to have great accomplishments academically and (one day financially) it is something that I would indeed do if i were lumb, and so it is really not that unfathomable that a person of his ranking and wealth is thinking just the very same thing...
-PD
yes, it is very interesting when you start thinking about the big picture...Lumb is a real person will real motivations and real ambitions...this talk of a scam, if true, is hardly an ambitous return or appropriate conculsion after years and years of setting things up...however, a result of gold producing mines by 2010 IS a worthy cause for all the efforts...
-PD
chev, read my recent post and tell me your thoughts??? thinking of actually playing things out too...
-PD
hey v, read my recent post and tell me your thoughts???
-PD
and if the receiving company becomes a running gold company by actually extracting gold from the aquired mines...then what will the divi's be worth in two years when the restictions are off??? think pro's and con's....not just con's and you will see things differently...or maybe not...either way, you cannot predict the worth of divis in a new company that has yet to show what it plans to do for the next few years...in this, the loyal holders will be the only ones left for the big payoff while all others will either be wiped out or diswayed or ALL may just get scammed out of their pants...lol
-PD
"Based upon the number of outstanding shares; the value of this Extraordinary Dividend is valued at US$0.239 per 1 (one) share of Fortress Financial Group, Inc"
...is that a typo ...us$.239 per 1 share of ffgo????
...if the cancelled shares get confirmed and the extrodinary divi date gets released, this bleeding stock could actually make a very strong run....at this point though, i must agree with overacheiver ( although i have posted against his many times) that the cards for scam are a lot more that legitimacy...the boys upstairs are just doing too many 'shady' things to not even fathom 'scam' at this point...however, there will likely be more light shed on the issue, and since ffgo is being disassembled, it might be good for hhgl and ffgo to part ways ( in the eyes of the market, since lumb gets his hglc shares and 'moves on' and ffgo works to release the extraordinary divi for the recent exchange of their gold properties...Although it may seem rough right now, if (and that a big IF) they actually release the divi's (restricted or not) and the receiving company is beleived to be a 'good company', then all may in fact work out for the loyer investors...Things may need to be viewed from a different angle sometimes, to see what's behind the curtain...the PR's offer a peak sometimes, but a majority of info is always held back for later release...that's the name of the game,,,if you dont like it, you should be investing in real-estate, and not the stock market...JMHO
-PD
-PD
The news sounds like a major shaft to ffgo shareholders by the ceo, whom made several promises, yet has not followed through on a single one...With the fund group aquiring the hglc shares from ffgo, it seems that there will be some drama soon enough with regards to hglc...opinion..thoughts...comments...at this point, even bashing is welcome...lol...however, the exchange of shares btw ffgo and the funding firm makes sense, since it was the firms money that was used to buy-back the hglc shares in the first place. In that, it did initially seem odd that the funding firm would pay a 'premium' to take the shares from ffgo while they could have just gotten the same shares at the current pps...now, that the exchange has gone through, it seems that alan only did the buybacks for his friend lumb...but what really throws me off is...what did alen get out of this exchange, and now that he has faultered on this promises for a 'high premium sale' of the hglc shares, and even the subsidary company news debunking...what does he have as leverage now? what of his rep? why would he ruin his career in such a manner for nothing...what did he gain from all this? since he has shares in ffgo, abandoning it is such a manner cannot be healthy for pps recovery and subsequently his shares in the company becoming as worthless as the stockholders that are getting the shaft right now...at this point, alan is sounding more like lumbs servant and pet, rather than dear friend and protege (as described by lumb in his ihub postings)..Thoughts?
-PD
any thought as to the bearing that recent ffgo news will have on hglc? The news sounds like a major shaft to ffgo shareholders by the ceo, whom made several promises, yet has not followed through on a single one...With the fund group aquiring the hglc shares from ffgo, it seems that there will be some drama soon enough with regards to hglc...opinion..thoughts...comments...at this point, even bashing is welcome...lol...however, the exchange of shares btw ffgo and the funding firm makes sense, since it was the firms money that was used to buy-back the hglc shares in the first place. In that, it did initially seem odd that the funding firm would pay a 'premium' to take the shares from ffgo while they could have just gotten the same shares at the current pps...now, that the exchange has gone through, it seems that alan only did the buybacks for his friend lumb...but what really throws me off is...what did alen get out of this exchange, and now that he has faultered on this promises for a 'high premium sale' of the hglc shares, and even the subsidary company news debunking...what does he have as leverage now? what of his rep? why would he ruin his career in such a manner for nothing...what did he gain from all this? since he has shares in ffgo, abandoning it is such a manner cannot be healthy for pps recouvery and subsequently his shares in the company...Thoughts?
-PD
wow, so many surprises with these guys...wonder what's nxt with this one...Recall that the mockingbird needs to get financed to continue exploration...now would it not be another 'surprise' if this same 'fund group' that took the shares from ffgo turn around and give HGLC the funds that they need for operation??? Really, not sure where all these 'surprises' are heading anymore, but will play it out anyways, since there are still news releases pending from HGLC...besides, it looks like this drama just started (again)
-PD
nice chart, but wrong company...
-PD
yea, and it needs to be something new.......sworthy!!!
-PD
yep, they play with the price alright...when I moved in to aquire my final troops for this play (a few weeks ago), they cranked up the pps fast...luckily, there have been enough dips to gain positions slowly...but, what I did 'learn' is that there are really not a lot of shares available at the current prices...in fact, if one were trying to gain a large position, during or after good news, they might be disappointed trying to chase this running bull all the way up to penny land...As for me...just hanging around for now, watch the turmoil in the finance sector, and wondering what will be the fait of out good ol' HGLC...will it run with gold bull? will in run the other way? suppose we will soon find out...
-PD
how high is the golden question...lol.
-PD
thx for the info, the reply and the humour...i suppose, without good humour, how can one remain a prisoner for soooooooo long and not break down...lol...oh well, looks like we will be in the storm for a while longer...just hope they know that the 'main event' has been anticipated for some time now, and the crowd is getting quite hostile...feel like forming a mob and marching over to AZ myself, but then again what's another week, or two, or three or ...or ... !!! On second thought, lets get that mob together anyways...any takers?
-PD
fully agree...lets just see if the hglc horse wins the race..for the gold prize!!!
-PD
enjoyed your perspective and agree that much can be gained just by following the 'leaders'...this really is a 'no brainer' of a play and has enough potential to make investors A LOT of money...yes, there is uncertainty and risk...(perhaps that is why there are so many haters, bashers, and naysayers)..however, what doesnt have risk in today's market...im sure many of the trader's whom lost their life savings in Washinton Mutual(while the CEO got away scot free with millions)are not very happy right now...at least, Santini is clearly explaining his intent to leave and is providing divis and appreciation of pps before he leave...a move that will not only benifit him, but benifit the shareholder's as well as gain reputation in the trading community...since he is still young, he needs his rep and it seems that he has made it clear that it is very important for him to act in accordance as to not damage that rep.
-PD
priz, how did u feel about the IR firm, after your long conversation...were they responsive, professional? In the loop? Out of the loop? informative? Does it sound like Saner knows what he is doing??? or will we drop the ball on this one too??? The drama here is quite addicting...lets just hope we picked the right 'drug' to be sporting!!!
-PD
chev, lets hope Saner doesn't drop the ball on this one!!!...IF the company can get their act together and FAST, we will all be pleasantly surprised at the return on our invested capital...BUT it now all depends on gold breaking the highs and the management following through their commitments and the market reacting to the news in a positive way...GL
-PD
agreed, it is a dirty game that the big boys play...if you follow hisorical events...ask the question...why does JP Morgan always get the sweatest deals...And apparently they have the CEO calling all the 'right shots' at the 'right time'...makes ya really think of the possibility that the recent collape of Washington Mutual was just a ploy to push the bailout plan through (at the cost of inocent and naive stockholders...if you go checkout the yahoofinance boards of WM, u will see ppl lost hundreds of thousands of life savings)...anyways, it doesnt really affect us, as we are not in financials, but it still make you think about the kind of links that the boys upstairs have..ie. The CEO of JP Morgan is Obama's cheif economic advisor and likely candidate for treasure secretary...is it a coincidence that his bank is now a dominant force in the american banking world, or just shear business???? ....IMO, watch zeitgeist, and see that this wash and rise cycle is repeating itself just like the days of the G.Depression...however, ppl have more money in their pockets this time, and some of us can actually make a killing on gold stocks while this mayhem unfold in the days, wks, months to come.......GO HGLC GO!!!!!!!!!$$$$$$$!!!!!!!!!!
-PD
good points i must admit...however, u are preparing for an armageton...the likelihood of the government not seizing gold in the situation is quite nill, as they have historically done it time and time again...however, your point on silver is interesting and warrants further investigations...currently, my stance is not in armageton mode and I am hardly concerned about the economy from where I am (beautiful vancouver b.c. canada...home of the coming olympics...so I will be trading gold and commodity plays and not hanging onto gold bars in preparation for a world-wide meltdown...however, I suppose as my investment plan continues, I will hang onto gold bars one day jus in case...but I also doubt that, in a scenario that you are prepping for, that there will be enough 'order' that a hungry poor person wont just jump you for your gold or silver bars!!!
-PD
and your comment that gold stocks are pointless...what rationale do you come up with such claims...if the dollar dropped, do u think the other currencies will not suffer..Do u really think that such a global crisis will last...and even if it does occur, whatever currency you are trading your american currency for will be valued at less eventually...And if you are american, you will indeed see rising inflation..but there is no reason to presume that only gold bullion will be a shelter..if gold plays follow gold bullion, then why do you think that there is no money to be made in gold plays???....I live in BC, Canada, and trade in american currency...even if I lose money transfering my capital gains to canadian currency (if the dollar weakens), does that mean that I will have NO capital gains once converted over...do u see the holes in ur arguement or do I need to spell it out for you...
-PD
actually, I dont mind Lumb as I really see nothing wrong with what he does...yea, u say scam, scam, worthless paper, etc...but, saying is all it is,,,we already tried that debate so i will not open that avenue again...but belief that a company is a scam or not is a belief and nothing more...markets run on beliefs but there is no room for hope, greed, or any other human emotion if ya want to trade and succeed among the beleiving class ...if HGLC does fail to deliver then u will have ur case, and if it delivers, I will buy u a coffee so u can analyse ur papers to see when u went wrong...either way...paper gets value put on it by the maker...much like the paper dollar that has only value because the FED puts that value on it...to argue that paper is worthless is not an arguement that u can partake in as u are not the one to distribute/trade that paper...the maker and the trader determines the value of your so called worthless paper and if the maker can convince the market that the value is a few pennies then a few pennies is exactly its worth...Ur gold is worth exactly what it was worth a hundred years ago..gold value does not change...just the relative value of the surrounding currency..and gold price reflects the change in value of the respective currency...if you think that money cannot be made in gold stock and only gold then buying gold bullion is indeed the right move for you since you may not have the wit to make it in the trading world...where worth of worthless paper changes for 6 hrs for 5 days of the week, and it is not a place for the weak..(smile)...and you may live off your 'gold' for 5 years, but will you ever 'sell' it or 'see' it or do you jus think that having something that you are told that exists is enough for you to gain false assurance of financial viability...there are too many ppl who see this way and thats why not everyone can make money in todays market...GL (hope you dont own fools gold...lol)
-PD
in due time, in due time...she just need to be romanced with some warm words (good PR report) and you will enjoy meeting her too...
good laughs...gotta go,,.,see ya in the morn!
-PD
lol...that why ur a texan..ye haw...go get em cowboy, however u trade em...I like to re-circulate 80% of gains on a trade and take 20% to buy what my heart desires...this way, I dont starve and neither does the monster of an account that I am trying to create...lol.
-PD
im dating both sisters right now...he, he, he,,,shhhhhhhh...
-PD (all smiles)
well if this stock goes to 20 cents, i will have to upgrade from an S5 to a ferrari,,,lol! GL and keep posting ur wonderful info,,,much appreciated!!!
-PD
yes, i already realized where u got ur numbers from...however, to demand and to receive are two very different things...I would love for this to go to 20 cents one day...but dont see it happening without a RS but a price of 2 or 3 cents is certainly plausable...that is why im here (wink, wink)
-PD
three pennies, and I will not only re-invest my capital, but treat myself to a new audi S5...so lets see how things go with this rowdy dog they call HGLC...
-PD
I am neither long or short...I monitor my plays daily and so pull out if things dont feel right...if not, I will let them run their course until I feel that my returns are maximized...
on another note...I agree that 3 cents in indeed plausible, but u have to admit that .20 at the current os sxr of 300 bill doesnt seem viable...the company will likey do something to change the sxr of os if you will see a 20 cent value...and that something has already been hinted that it will be done...BUT ONLY WHEN the pps recovers...so in that light, I think that a penny or a few pennies can easily happen, pending that solid news is confirmed and gold make a bull run...ur thoughts???
-PD
tex, where do you see this baby going in a few...day, wks, months...jus curious...I see it blazin right past a penny upon the decent of a srong enough catylist (ie. good new$)...however, the MMs are doing quite a number during the retrace as seen today (not really the best power to give to the MMs but its pinky land..so what can one really do bout it...)
-PD
well, crammer puts it best in his most recent analysis on gold plays...accordingly, if the bailout plan falls through, then the financial markets freeze and ppl run to gold...if the bailout plan actually gets approved, then the ecomomy faces inflation due to the extra printed billions of dollars and ppl run to gold...either way...they will be running and running to gold...hence, the bull run of gold plays and gold mimic/related plays will succeed either way...
-PD
wow!?!? Train, r u pulling everyone's leg or are u actually pro-something for a change?!?! so how would you gage the viability of gold and mining companies when gold is at or above 1000/oz...what if HGLC proves gold?!?! where will your opinion be then???
-PD
being a pink sheet stock...of course a pullback in gold price would give MMs opportunity to push down the pps of this one...if they did not, then they wouldnt be cld market makers now would they...its kinda like how you always show up when the stock is heading for a retrace...same general principle applied as to when the mms have the best opportunity to push it down...these daily fluctuations are really for daytraders...the long term value in this play is clearly over a penny (to be modest) and that will be shown quite shortly ...dont be so impatient OA...
-PD
Reason for pullback is directly correlated with gold pullback...When gold rebounds, this likely will too.
http://www.kitco.com/charts/livegold.html
-PD