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.
Sentinel, I understand where you are coming from but I look at in different ways, if someone was stealing from your house and you knew would you just let them continue until they finally decided to stop and steal from your neighbor or would you maybe call the local law Enforcement and bring it to light. What is happening borders on stealing in my book and those resposible should be dealt with in the harsher possible way. IMHO
Hopefully someone can provide an address for the following to which I want to send an e-mail also
SEC, Bloomberg, and I believe squak cnbc
Figure if we open enough can of worms someone has to get off the pot
Is this share info correct as of today?
Share Structure:
Authorized: 250M
O/S: 118M
Restricted: 73M
Float: 45M
Sometimes I firmly believe the SEC is in the back pockets of the power brokers but could be wrong
question for the board does anyone live near the current plant under construction, and if so does it seem to be moving along. Where in Fl do they intend on building that plant?
Wish I had some dry powder left could have averaged down today from .087 to .058 if I had doubled down, Last week thought I got a steal buying some at 07 who new a week later I could have bought 28% more or so if I had waited
Well I am going on 2 days with no response to my e-mail to IR asking if they did indeed hire the firm known as PJM Consulting LLC as the firm boasts (though I have a better name for a company like this but don't want to be sued for slander). I would think if it was a false statement made by another company stating they had been hired by ACMG that IR would respond back in a more timely matter. I am still holding since the damage has been done to my investment by 50% and figure what’s another 50% if it is a head fake. After reading all the press issued by the company I would hope there weren’t any false or mis-leading phrases in order to help insiders profit before the current downward spiral. Good luck to the longs and may the fleas of a 1000 camels infest the crotches of the 1st born of any naked short sellers, and market manipulators
I would think they would want to squash the statement made by that company if they hadn't contracted them. Don't recall if I saw that e-mail on this board or another from a Patrick Murphy to a board poster.
Question for the Board
How long after sending an E-mail to IR was it before you recieved a reply? Yesterday I asked IR by E-mail if they had contracted a company known as PJM Consulting LLC? I have yet to hear back from them regartding the E-mail.
EZ this is off subject and may be to late by opening bell Mon but google "Royal Bank of Scotland" along with "project S" then take a look at volume of Newalliance, me thinks Braveheart is in New England shopping, 2 + 2 = 4 IMHO especially since project S deadline is 1st Q 2007 which leaves this month, I smell a buyout, and if you remember way back last year I did call the WestBank scoop by New Alliance, i could be wrong but something is up to generate that much volume above normal on a bank stock.
If you feel that this msg is off the subject feel free to delete it
Has anyone heard this they mention a Fl plant in the discussion
http://www.npr.org/templates/story/story.php?storyId=7667070
Hey EZ you left out my little old WITM took a hit today but I am still sitting pretty with a nice profit, even bought more today, unless I am totally mis-understanding the merger it should be over 5 when they sign the LOI. If my judgement is wrong on this please point out my mistake
Don't know if any of you read this but I find it pretty good reading
http://www.kitco.com/ind/grandich/feb212007.html
Thanks thats works
Anyone have a free site that allows someone to view the shares bought and sold. At one time I had a site bookmarked showing whether the action was a buy or sold initiated along with the lot size and time but for some reason can't find it.
TIA
Just wondering what the thoughts of the pro's on this board concerning WITM merger deal
I remember someone once telling me if it seems to good to be true then be careful. This merger seems that way yet I can't find the reason why. Normally like if you read the small print say in publishers clearing house sweepstakes you see the odds are outlandish, this deal seems like a 80% yes with that 20% maybe not. Anyone else read this deal differently
EZ I appologize for using this board to discuss WITM but if you use the WITM board you have the same old opinions pro and con and want to hear from others instead.
EZ:
I get the impression from some of the boards I visit that many expecty NXG to grab CGR. Do you have any info on how close CGR's resources are to NXG's? I realize if this happens that NXG would most likely sell CGR's oil interests and just keep the mineral plays. Do others feel this way?
I find it interesting how all the major communication channels use certain adjective's describing the ebb and flow of commodity prices especially gold and copper. Gold goes up a $1 and it's "gold creeps up" Gold goes down 50 Cents and the headlines are "Gold crashes or Gold sells off" the dollar increases slightly against the Euro and it"dollar explodes upward" dollar goes down and it's " dollar edges slightly lower" makes you wonder who's pocket the large media corp's are in and what is really taking place on and behind the scenes on Wall St.
Su:
Can't seem to make upmy mind about this deal, I realize when the HK opens EK's price should drop question is how much. Prices below show value and I can't see it going to the low side.
So here is a table of the implied valuation for WITM if EASYKNIT trades down;
EASYKNIT @ 1.60HK*21/7.8 = WITM Value - $4.31US
EASYKNIT @ 1.25HK*21/7.8 = $3.36US
EASYKNIT @ 1.00HK*21/7.8 = $2.69US
EASYKNIT @ .50HK*21/7.8 = $1.34US
EASYKNIT @ .25HK*21/7.8 = $0.67US
Easyknit would have to trade down to $0.178HK for WITM to only be worth $0.48 US. Possible, but probably unlikely, I guess we wil see in the morning.
There is so much pro and con hitting the msg boards regarding this merger it makes it hard to sort the fact from fiction
Su:
What is your take on this merger?
TIA
SU
sorry for the previous mis-spelling just trying to see if this comes out to what I thought. I must be miscalculating because I show the 1.60 HK to = .204905 US times the 21 to 1 ratio or $4.33 US a share. Sounds to good to be true. That is why i think I am missing something in the announcement
Susayer:
Isn't the current price of EasyKnit at 1.60HK which then would equal .204905 US roughly
Anyone out there have any idea what the news on WITM merger with EasyKnit at roughly a 21 Easyknit shares currently 1.60HK to 1 Witm share makes the witm share worth in US, thats if I read the news correctly.
TIA
Interesting article on hedge fund
LONDON (Reuters) - Base metals prices fell sharply on
the London Metal Exchange on Friday on a report of heavy losses
at a hedge fund and in the absence of Chinese buyers, dealers
said.
"The market is collapsing," a European trader said.
Three-months zinc fell by nearly 9 percent at one
stage, copper was down by over 6 percent and aluminium dropped by some 3 percent in a general
sell-off.
Traders said the selling was mostly on behalf of funds,
triggered by a report of heavy losses at a hedge fund that
specialises in metals trading.
Once prices hit specific chart levels the fall for most
metals accelerated.
"Fund liquidation...a lot of stops triggered -- a lot of the
stuff on the back of the Red Kite news," the trader said.
Hedge fund Red Kite, which posted strong gains in 2006, has
suffered a roughly 20 percent loss in the first days of January
and is now trying to stall investors who want to pull money out,
The Wall Street Journal reported.
"It is quite scary, actually, a lot of volume going through
and no one is buying the stuff," analyst Michael Widmer at
Calyon said.
By 1520 GMT benchmark copper for delivery in three months was at $5,330/5,340 per tonne,
down from the close of
$5,600 on Thursday.
Widmer said the market was also influenced by data from the
United States this week.
The global indicator produced by JP Morgan with research and
supply management organisations fell to 52.4 in January -- its
lowest since August 2005 -- from 53.4 in December.
Global factory output growth also sank to its lowest in
three and a half years to 53.0 from 54.3.
Copper is down more than 12 percent since the start of the
year and around $3,000 below the peak it hit in May last year.
Zinc was down $300 at $3,090/3,110.
"There's no evidence of fresh buying from speculative
quarters, and all the indications are that the Chinese are going
to wait until after the New Year holidays before coming to the
market," another dealer said.
In previous months, some of the investment funds that play
the commodities markets have used the first few days of the
month to add more metals to their portfolios, but that pattern
has become less pronounced recently.
Aluminium was down $58 at $2,695/2,700.
The only metal trading in positive terrain was steel-making
input nickel, up $750 or 2 percent at $37,600/37,800
after inventories of metal, already low, fell another 144 tonnes
to 3,222.
"General sentiment remains positive because of the current
low stock levels," LME broker Sucden said in a market report.
Lead was down $25 at an indicated $1,640/1,655 and
tin was indicated down $105 at $11,795/11,800.
Just my luck to have owned a stock that sits idle for months goes up 15% finally after serveral months so I figure heck take the profit and move it into something else so I do and today that same stock jumps another 7%. I should hire myself out to buy shares wait 3 months after little or no activity and dump them so others can make a killing. Am I the only that has this happen to them. LOL It was not NXG those shares I am holding and you can't talk me into selling them sorry.
anyone out there for this board, kind of quite and GLE moving 44 -48
ok I will post there tomorrow
Thanks
Does anyone here own any GLE if so what message board are people using, yahoo was discontinued, investorshub seems dead, raging bull has no one and investorvillage is also dead.
saw that hopefully it will jump some allowing me to sell it.
Thanks Su
Anyone hear why Nevada Copper (NCU) trading was halted today?
Hopefully thats all he nationalizes
CARACAS, Venezuela - Venezuelan President Hugo Chavez announced plans Monday to nationalize the country's electrical and telecommunications companies, calling them "strategic sectors" that should be in the hands of the nation.
The New York Stock Exchange immediately halted trading in CANTV, Venezuela's largest publicly traded company, which was singled out in Chavez' speech. The decision was also likely to affect Electricidad de Caracas, owned by AES Corp.
It was the boldest move by the Venezuelan leader since he was re-elected by a wide margin last month promising to a more radical turn toward socialism in Venezuela.
"All of those sectors that in an area so important and strategic for all of us as is electricity — all of that which was privatized, let it be nationalized, Chavez said in a televised speech after swearing in a new Cabinet.
"C.A. Nacional Telefonos de Venezuela (CANTV), let it be nationalized," Chavez said. "The nation should recover its property of strategic sectors."
Chavez threatened last August to nationalize CANTV, a Caracas-based former state firm that was privatized in 1991, unless it adjusted its pension payments to current minimum wage levels, which have been repeatedly increased by his government.
anyone know why the GLE yahoo board is not there anymore?
I must be crazy but it sures feels like market minipulation. Everytime it starts to look good for the mining stocks theres a sell off or some news or forcast that drives the week hands to sell them down. When gold or copper drop it headlines everywhere but when they climb slowly its no big news no blaring headlines just "well gold drifted higher today" gold drops 50 cents and its "gold crashed today" LOL
Anyone have any ides why Brehm sold roughly 1,500,00 shares this year, Nagel sold roughly 1,024,944 shares this year, and Beattie sold roughly 2,273,729 shares this year. The share price is so low I would have expected them to hold since they should be working to increase shareholder value unless they figured it's going to tumble even more. Considering all those degrees they have and experience between them it sure doesn't look as though it is being used. Suppose they will issue themselves another couple million shares each for zero cost to replace what they sold even though thier productivity for increaseing shareholder value rates a big fat F. Come on guys if you really believe in the company and your product then issue yourselves options at say 10 cents a share.
anyone talked to IR lately? Curious if they have a good reason for the top management selling so many shares.
Makes you wonder about the future of this company if top management is selling at such low prices then they don't foresee a share price increase in the near future. Can't tell me they need the money that bad. Maybe the wax is melting that holds the house of cards together.
Just wondering if others have had this much of a problem. I put an order in for 100,000 shares today at .0063 and it never filled even though it traded at that price for most of the afternoon. order went in just after noon est via Fidelity. Makes me wonder how much of the stock price on this beast is minipulated by crooked brokers. Figured i would average down my shareprice in hopes that the management of this company would be issuing themselves more options and then would need to sell at least at a penny a share allowing me to dump my shares and recoup some loses.
Came across this on a Yahoo board hopefully I am not duplicating another post previously
So gold is the best investment!?
=====================================
By Tom Dennen
Sunday, 24 December 2006
Private show discloses imminent currency move
Sources with a US delegation in Beijing have told The Hal Turner Show that the Chinese government has informed visiting Bush Administration officials they intend to dump one trillion US dollars from China's Currency Reserves and convert those funds into Euros, gold and silver.
China was allegedly asked to withhold the announcement until bullion markets closed for the weekend to prevent an instant spike in gold and silver prices. This delay will give the world the weekend to consider appropriate actions rather than have a knee-jerk reaction, which could see the US dollar totally collapse in value on Monday.
According to this senior source, China told the US delegation they no longer have faith in the US currency for several reasons:
1. The Federal Reserve Bank ceased publishing M3 data in March, making it nearly impossible for anyone to know how much cash is being printed. China said this act made it impossible to tell how much a dollar is worth.
2. The US dollar has lost upwards of thirty percent (30%) of its value against other foreign currencies in the recent past, meaning China has lost almost 300 billion simply by holding US dollars in its reserves.
3. The US has no plans whatsoever to reduce deficit spending or ability pay down any of its existing debt without printing money to pay it off ('fiat money').
For these reasons China has decided to implement an aggressive sell-off of US dollars before the rest of the world does so. China reportedly told the US delegation: "We are the largest holder of US currency and if the rest of the world unloads theirs before we unload ours, we will lose our shirts."
No reserve bank wants to be the last one out of the dollar so let's see how fast this thing goes - staring NOW! I'm writing this on Sunday, December 17, a period of time when all military commanders know the other guys are celebrating something called Christmas.
Early last week, in an unusual move, the Bush Administration sent virtually the entire economic A-team to visit China for a "strategic economic dialogue" in Beijing on December 14 and 15.
Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke lead the delegation, along with five other cabinet-level officials, including Secretary of Commerce Carlos Gutierrez. Also in the delegation is Labour Secretary Elaine Chao, Health and Human Services Secretary Mike Leavitt, Energy Secretary Sam Bodman, and US Trade Representative Susan Schwab.
The Bush Administration wanted to get China's cooperation in preventing a dollar collapse. My American source, the Hal Turner Show has been told the effort failed.
According to the source, Fed Chairman Bernanke left the meeting "pale and in a cold sweat" as the implications of China's decision seemed to sink in.
The implications are enormous: The US dollar is likely to collapse in value against all other major currencies as early as Monday, December 18.
This would cause a worldwide sell-off of dollars, create almost immediate hyper-inflation in the US and also impact world markets at a level "worse than the Great Depression of 1929."
Link below or Google the "Hal Turner Show":
http://www.reporter.co.za/newszone/artic...
Wishing all of you and your families a happy and safe Holiday.
For the record last night as I was wandering through the mall doing last minute shopping (which I do every year) I noticed Santa standing around with her elves, so I saundered over and whispered in her ear that for Christmas I would love to see the shareprice of NXG rise above and beyond $10.00 next year. She looked at me kind of bewildered until I explained in detail what I was asking for.