Our Conure at 26 mos., "whats up", okay, thank you! :)
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Chippewa, Thanks for your response. Pequot is the tribe if I am spelling it right. What occurred here in Connecticut from the first settlers changed history for all time in this country. My father who loved the Native American because of his mother and was told many stories. He once told me that he wished the Native American could have kept this land. Its beauty would have always remained. He recieved some checks from the government for a land settlement. My father sent them back with a letter. My mom told me this. He sent them to our Congressman to insure there safe return. He told the Congressman he could not recieve blood money. He also told him nothing can change what was done, but one thing is and always will be, the true landlord of this nation is the Native American.
Ron same here. I'm not sure what it is I can't get logged on. I occassionaly just go check to see whats going on. I think it may be buggy?
Ron,
They need this much time to move everything out of the office!
Where you going turkey? to the RB boards?
Thanks Brent,
Shes OK, I tell her to read all your post and she will understand more what everyone is experiencing. Many with larger paper loses. She begins to see that this is an investment club. Her ancestry is Russian both sides of the family. To bad she doesn't speak it. She only knows a few words. In her words, "Russian is totally hard". I wonder if she has friends at the Kremlin? She is all of 82lbs, 4'6", very shapely and sometimes she looks like a teenager. Very young look, still gets carded. Something pretty unique about her. She has no concept of hate. She loves everybody. If I rattle her she will have the last word. I think its part of their generic makeup found in the center of the nucleus.
Poor Paul huh? Just trying to spend all that money would be a full time job. His retirement plan is working, minus his wife.
Tgtl,
that sounds great but I might be dead by then. This is already killing me. My wife won't wait for her money till then. I wish I would have got a pre-nup now. You know whatever is mine is mine and whatever is hers is mine. It works out just the opposite. (ha). In reality its all for her.
czstk, its sad isn't it. you made me think of something for the first time. I will leave the door open on some of these things you said. Putin had out an int'l warrant I guess it is seeking a person of Yukos for fraud and embezzlement. There are others. Italy learned he was in their country and arrested him. He's being held for Russian officials. There are others,In England, Israel their seeking. Trump up charges are believed. Some countries won't honor their request.
All of Ndol's assets are in Russia. If this would occurr would Putin honor the warrants?. They can be tracked by their passports. It wouldn't help us finacially but the FBI would have to pursue them.
Ron Rosneft is huge now and many investment firms want a piece of it. It has been in the news constantly since the Yukos affair. The Bush administration have had discussions about it. It has been an issue circulating through congress. Its been in the news in London, Europe and its implications are far reaching. Putin gaining control of the oil sector. Putting everyone on notice that this is what will happen. It was stated in the press that Putin said that he had no plans to nationalize the oil industry and the economy, when this started with Yukos. Then the world began to watch. Rosneft is government owned and it is keeping 60% or more from being traded. So here we are.
Nwog is not government owned and it has alot of potential to become very big and make lots of money for investors. Before this occurred going back 5 years ago given this same scenario this stock would already be high 5 dollars or higher. People are skeptical now. Not all but many.
Many thought it was a legal issue regarding politics that would get resolved as a show of what could happen. Run your company so to speak and keep your nose out of politics. Anything more and became allot more that it would have huge repurcussions in the investment world. Putin was made aware of this. Yukos became a targeted takeover and stripped the company, and everyone affiliated with it at the top of their wealth and freedoms. Its power and control.
Ron, I stated this after the merger news. Flst, same thing. It has recovered and I don't know why or how. I didn't know that they had any kind of affiliation what so ever. Jf. He being on their board and all. They would have at least known this buyout turned to merger and it results. It too lost half its value in a day. Both buyouts were going on at the same time. Until proven otherwise I would be one dummy not to have suspicions. Money is money here and abroad. If there is a will there is a way.
Till it comes to past and the merger proves to be better than the buyout?, and I hope I am big time wrong having these thoughts for us and everyone. All I can do is keep hoping and having an open mind.
When the IPO in London opens up it will be interesting to see how the politics and whats occurred in the past will play into this. Vic mentioned earlier a coup to return to Communism? I can't see this happening, and it would not be for this purpose.
Ndol, it may I got my wife to pull some of her money and put it in. She was reluctant and everyday now she is asking about it. I will have to make up that difference and give it back as I said I would. I got myself into it good. Its a tidy sum. She stays out of the market for these very reasons.
This is something else I have been wondering about?
If we are at this level now or even higher what is gonna occurr when nwog adds their shares to the pie? Even their mention of r/s and them not doing it got me smokin. Just the mention. If Nwog doesn't have allot of cash or hasn't generated allot of revenues or has debt what will happen with the added shares?
It has been allot more than a pull back. People were buying into this because of the buyout. The company knew long time holders of this stock would be buying more even all the way up. It wouldn't just be those learning of the recent news. The only people that didn't have a long time position bought into it for that short period. Hedgefunds, daytraders. They could pull this stock down 10 times faster than it went up. Our mistakes we're not applying the stop loss's after it went over the dollar mark. Even then program selling can kick in and to attempt a sell when the selling is non stop, good luck!. It would have been to late for me anyway. By the time I discovered it they train had already left the station. The merger news was not expected, no news was expected that day. It caught most of us off guard. If this happened to anyone in management and they had their money in a company where this occurred they would be steaming.
They were quick to issue that pr and they knew what would happen because the exact same thing happened to Flst. Its recovered since but the sell off was quick and to the point. It does leave me feeling kind of foolish I've gone through this twice with them.
The question is what are they planning to do to recover the 2.17 investors have lost?
Really low volume
Drifting
We got the boat but no sail and no wind.
Golden I don't know about all the rest but trust me these shares exist. All 30bn of them. I haven't made any trips to the Philippines lately. They need to create a website with the pictures of the mines, work that's taking place, and that land they have in Hawaii so I can retire their someday. She could name it Paims Haven or Pearls Resort for retired shareholders or something like that.
chow 41% represents our o/s. 232 million
59% represents the nwog shares 335 million
2 pieces of the pie.
We get a 41% stake of them and they get a 59% stake of us.
41+59=100%
Our shares combined with their shares = 568mn or whatever
We forfeit our 59% hold allowing them to be the parent because their much bigger and have more assets and money hopefully. They will combine the revenue from their 2 divisions with the revenues of ours. This will make everyone one big happy family. Nwog calls the shots now. They can buy out ndol's 41% but we can't buy them out. Its obvious that Nwog wanted to come public or they would have just bought nord out.
Serf, I found that interesting. That is a long way from now, but it is worthwhile knowing. What they need to do is make the best use of the time they have. I would like the arrangement better if it were 40/60 as opposed to 60/40. Perhaps by then other things will develop. Maybe they will hit it big. Maybe they'll partner with someone, maybe they get bought out, they need to plan but in 5 years they may have all the gold out of it. I don't know if they mentioned the life of the mines? Whatever the scenario we either throw the towel in on it and get things moving or run this gambit for ever.
No just an x date. I wish someone could me why someone would invest their life savings into this company?. 10t or 20t if in fact they have? There is risk and then there is foolishness.
Serf, What is all the worry and concern everyone has with all this?. I wasn't in during this r/s and this must be the crux of it huh? All I know is this. I have been watching this .0001 with 30bn shares. Its like trying to pull a cruise ship with a fishing boat. A 767 with a go cart. It cannot get out of this range without a share reduction. Leaving 3bn is more than allot. It will stay in this range for ever. Its feasible for stock to go to a nickel or dime at 3bn and more. Unless everyone sells off and it heads back south. If everyone does this good luck in the future. It should be an investment not a trade. If everyone is set on ruining their investment by not agreeing to these debentures good luck too. She still has to eliminate these shares, their killing us. She can do a r/s without the debentures. Anyone holding certificates at a time they would like to sell or something , well you know where that goes?
I haven't been paying to much attention to the overall market until the last couple of days. Good, bad or indifferent, I guess there are a couple scenario's building here. If we have a 20% pullback in business strength it could spell recession.
If the fed goes to a restrictive monetary policy it would be bad for stocks. Traders and hedgefunds who's stocks are breaking below their 20day moving average are selling first and asking questions later.
More fears of the fed tightning is creating the sell off. It shouldn't be effecting metals (gold) is suppose to be the inflation fighter.
Is inflation getting that bad? I have always thought I am paying to much for anything. I didn't think food and energy was ever included in this scenario. What do I know?
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TGTL, we all got one these stories I bet. So what is he telling you now? Is he telling you to load up on Qoil?
jgi, No telling. I think the people buying it probably lost their shirts (and pants). Its a long way from being a company I would want to buy into. Interesting but I wouldn't go near it, imo.
Ron, or .10 on the books and trading at 100.
Look at this pinky paxno or this one tielp.
look what happened to Sibn and they have more than financial problems in earnings, they can't pay their bills. What justifies a better than 3 dollars a share, let a lone a run up to $9.00.
what are these people smokin?
brent, "thats good"
Ron, thats alot for one day!
Where's Rob or Ron at to answer all these questions? They are kinda like the concierge's around here.
I think everyone should keep their shares at .0001 any lower and we will be getting on negative side of these integers. Send for the stock certificates so you can never sell them. Come back in 5 years and see what you can sell them for then. My savings account will pay more interest than those certificates will be worth.
Chippewa, My grandmother on my fathers side was Cherokee. She was born in the 1860's. Lived to 94 or 96. Registered in Cherokee, NC. The government issued her 50 acres in Oklahoma on the reservation. She died in Georgia. Her home state. Recently her daughter died in Denver at the ripe old age of 111 1/2 years. I think she was 1 of 65 people since records was kept to have lived this long in this country.
Chippewa your right! I lose track of time. You have until the x date so that's June 15 if you want to sell. That a month and a half. Why sell?. Get rich build a casino, buy a ranch or something. Check out the Casino in Connecticut owned by a tribe that almost vanished at one time.
Ron, Yesterday on Cnbc or the day before. One of the guest interviewed talking about the dollar on Kudlow stated the government wanted further declines in the dollar, 20%. It was rebutted by kudlow who said it would wreck the economy. Maybe its an excuse so the fed can keep up its marathon. That area is all Greek to me!
Scalia, no one wants to be moving around to much when the market is going thru this. If the stock stays neutral that is a good sign. Many have gotten clocked already I bet. We're in a safeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee havennnnnnnnnnnnnnnnnnnnnnn!
Price, you need to get in on this before it opens on the exchange. Do you have any idea what its asking? I bet no less than $25.
Eky, I said $3. Your right! though. Keeping it honest without the hype. This company needs to grow with its reality. It doesn't need this stuff. Keep it real. Reputable companies don't want it. Real business's don't need it. They are what they are, nothing more nothing less. Its not to played with like the those who pump and dump companies who have nothing.
Its big enough and real enough.
Exposure, Like Price said yesterday. Ndol was to small for many to give to much attention to. Plus many didn't understand its operations. It should be clear cut in the future pr's. It will all come together with nwog. Both employed with these projects can work out the kinks. Russia is still evolving.
One day it will probably be like most of the European countries with a new found wealth it can grow into a strong capitalistic society it yearns to be. Maybe even into a real democratic society. A lot of their country is old and needs refurbishment. You gotta admit it has come a long way in many respects.
Their Nuclear accident at Chernobyl has affected the countryside for 100 radius miles and I think is still a threat because of its roofs weakness. Russia is so mass. Everything in Russia was built on a large scale I've been told.
China, India are all moving in the same direction. One day it will be just a wheelin and dealin world and the radical politics will be a thing in the past. Everyone will have to be to survive in this ever growing planet. NKorea and the rest. Maybe not in my lifetime but it will.
People worldwide are tiered of third world stuff and want better lives. Castro will not live forever either, he's already outlived his time.
ps (Nwog is big this will not go without notice) Their tight with the Kremlin. Its the impression that in order to succeed in Russia (don't rock the boat baby). It goes without saying that this is the way it is right now. Lukoil included. I think nwog is really tight. Every investment firm here and abroad wants a piece of the action in Russia.
Vic, you'll have to recruit the basher police. They really have no impact. Most people on this board are exceptionally bright. Real bashers have nothing to back up what they claim.
Everyone on this board have looked under every stone, better than any archaeological dig going in.
You can answer those questions in 2 ways. Follow the yellow brink road backwards or call Pearl instead of speculating.
Skinny then you should invest in Newmont so you can sleep at night. If there is any company out there that will make you wealthy overnight of at least profitable that is the one you want to invest in. This company has never promised this and if this is what you were expecting you scammed yourself!
There's also Placer.
bigdawg, you take that risk with any company. Look at Delphi, Gobal crossing of a few years back, Enron to name a few and the list is endless. People can't have their hands held thru this. If people are afraid of the risk they shouldn't be in it. If people want to invest their life savings then they need to reevaluate what their doing. No one is being force to invest or stay with Paim. Any of these small companies have greater risk than more established companies. But their share price is reflected on the concept of safety.
skinny, have you read up on the Philippines and where this mine is located?. You should know then that the xyz mine is at the heart of some of the richest deposits on the planet.
You may be informed to know that companies from all over the world are mining there today. Many mining companies have yet to do any processing today including Aurc, Flst to name a couple, and the list goes on.
It wasn't a devious way to do a reverse split. It is a generous way of doing it. The company had way to many shares out and they are trying to reign them in. People investing in the big mining companies today already know what they have and are more established. People investing in companies like paim are seeking what hasn't been dug out yet and processed. Like the gold rush days of California and Alaska. When they strike pay dirt watch what happens to its stock. This won't happen with the bigger companies.
Yes, I do believe they will be around in 5 years. Skinny this is a long term thing not an overnighter. This work takes time.
Cheers
How long will nwog's share's be restricted anyone know? When can we expect to see those shares entering into the market?
Indian, you want people to think your dumb so you can prove to them your not as dumb as they think?????????
Why not use your tribal name that was given you?
What tribe are you?
Aussie, any one that sells after this I believe will regret it.
I am curious though if they are making any head way with the mining and the native tribes.
Folks we can't expect to much with this correction (profit taking), underway. Decliners across the board. ny 5 to 1, nas 3to 1 almost and amex 4 to 1 almost. Its a sweep.
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