Making money while fighting the good fight.
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.
That would be another great question. There are more than a few. Thats why I believe management wont do a QA. If they wanted to address those questions they would have issued a PR and filed an 8K by now.
I wouldnt doubt if this CC has been previously recorded actually.
The last hour of trading should be indicative of what the CC will bring. The pps could be artificially inflated to create interest ahead of a call to facilitate the last round of dilution or it can be that people are taking a position on the expectations of something good.
Im not going to say which is more likely and more common. Lets see what happens.
I doubt there will be a QA. If there is, someone better inquire about the filings and the share structure specifically the AS of 50B and the OS of over 1B. Im going to be listening in. Im not expecting much but hope Im wrong.
Share Structure
Market Value - $2,439,237 a/o Aug 24, 2011
Shares Outstanding - 1,108,744,136 a/o Aug 02, 2011
Float - 293,414,085 a/o Aug 10, 2011
Authorized Shares - 50,000,000,000 a/o Jun 23, 2010
Amen to that!
It most certainly seems that way. You called me short last time when I pointed it out.
"some folks taking it down in hopes of selling high"
Whaaaaat?
The rate and quality of news coming from this company is outstanding.
2 more project leases and potential revenue streams.
GO ABM!
Athabasca Minerals Receives Approval for Two Additional Aggregate Projects in Northern Alberta
EDMONTON, ALBERTA--(Marketwire - Aug. 24, 2011) - Athabasca Minerals Inc. ("Athabasca" or the "Corporation") (TSX VENTURE:ABM) is pleased to announce it has received approval from the Government of Alberta for two (2) additional aggregate projects located in close proximity to oil sands and infrastructure projects in Northern Alberta. The Surface Mineral Leases ("SML's") granted are for the House River aggregate project located southwest of Fort McMurray in the Wood Buffalo region and Pelican Hill aggregate project in the Wabasca area north of Slave Lake.
The House River Aggregate Project will be a winter haul only operation, and is located 11 km east of highway 63. The location is ideally suited to supply aggregates for the Highway 63 twinning project.
The Pelican Hill Aggregate Project is located approximately 70 km southeast of the Hamlet of Wabasca, and will be suitable for a year round operation.
These additional aggregate projects will complement the existing aggregate operations at Susan Lake and Poplar Creek, and aggregate projects located at Kearl and Logan. All aggregate operations and projects are located in Northern Alberta near oil sands and infrastructure activities.
About Athabasca Minerals Inc.
Athabasca Minerals Inc. is a resource company involved in the management, exploration and development of aggregate projects. These activities include contracts work, aggregate pit management, new aggregate development and acquisitions of sand and gravel operations. The Corporation also has industrial mineral land holdings in the vicinity of Fort McMurray and Peace River, Alberta, for the purpose of locating and developing sources of industrial minerals and aggregates essential to high growth economic development.
I agree with you. I havent seen anything to give me the confidence to add to my position. It looks like there are going to be a few growing pains before this really becomes a BUY for me.
2M Buys vs 10.5M Sells
eom
Thank you.
Same. I would like to listen in. Is it 4:15pm PST or EST?
Thanks. Ya I saw that but I wanted to wait until EOD before I went on record with anything. Because I am short after all ;)
I have no idea actually which MM would handle my orders. I think NITE. I know what your getting at. Its pretty silly.
I'll post short numbers for you today just for fun. I will also post Buys vs Sells today too for anyone thats interested. And maybe the ACC/DIS chart.
If you want to make me out as a short.. I can play.
I'm all for regular communication and transparency. A PR about a conference call to discuss managements history and experience?
Ok. Why now?
What is your agenda is a better question? Are you disputing any information I have provided? Some on this board have shown great appreciation for the insight others have failed to provide. I guess thats my agenda.
I thought I was too.
"The call will discuss the history of Garb management and their experience in designing and building electronic waste machinery."
Sorry. This is not PR worthy. Very pinksheet. IMO.
Its just immoral to me. Borrowing shares to sell and then buying them at a later date, hopefully at a lower pps. Many times the shares are borrowed from existing shareholders. You can see the paradigm here.
Its counter intuitive to what 'investing' really is and often times hurts legitimate companies and consequently their investors.
Just my opinion. Everyone has a different moral compass. :)
I have a small position. I have no reason to lie. I have never and never will short a stock. Its immoral in my opinion.
So true.
Ha. Im glad you have sense of humor :)
And if you think that I can affect the pps in any way by posting on iHub then you must be off your rocker.
I'm not working hard at anything. Its the facts. Not all sunshine, unicorns and birthday cake like you want to believe.
Do what you want. The market will dictate where this goes. I have a small position here but I am not expecting to get anything from it. I will hold until an R/S before I even consider looking at this company again. I hope I am wrong but you guys that are pumping this stock like crazy are the ones that need to be scrutinized. Not me.
I think the AS is 50B for a reason right now. And when dilution finally stops ( and who knows when that will be considering the 'wiggle room' they have of 48B shares still to potentially dilute) the pps may be .00001 All you have to do is take thier current market cap/valuation and divide it by the total AS to see where this could go.
After this kind of dilution they will start another pump cycle but not before a r/s to make everything look more legit/attractive to new investors. A few pr's and away you go.
Rinse. Repeat.
All my opinion based on experience not conjecture.
GL to all of you wherever this stock may take you.
Very thin on execution so far IMO. Check out the share structure I posted earlier. GL.
Last time I checked there was only 4K shares short on this stock.
Where are you getting your information from? A gumball machine?
Do you realize that 48B of common stock will decimate your holdings? Or do you not want to talk about the reality of the AS?
How is that in any way a good thing for GARB. They are already subpenny.
An uplist to what? Do you know the requirements for an uplist to any big board? They would need to do a 500:1 RS minimum!
I dont know what you guys are talking about here. Wiggle room? Theres 50Billion shares AS and over 1B outstanding. You dont think a r/s is coming? Im willing to bet 100:1 that after the dilution occurs you will see a monumental change in the share structure.
Share Structure
Market Value = $2,550,112 a/o Aug 22, 2011
Shares Outstanding = 1,108,744,136 a/o Aug 02, 2011
Float = 293,414,085 a/o Aug 10, 2011
Authorized Shares = 50,000,000,000 a/o Jun 23, 2010
Par Value Not Available
The worst part is that after this kind of dumping there is usually a reverse split in the cards.
I agree. Let the dumping continue for all I care.
7M sells vs 2M buys today.
Dilution is still occurring. Best to wait it out IMO.
Who knows. But yes, the question is from 50Billion to what?
And who knows if it will actually happen.
It really is. Althought some believe that will change shortly upon completion of filings.
Was just becoming a habit. One green day and your laughing your ass off. Im more inclined to believe you already lost your ass in this play.
Hopefully it will stay green at the open tomorrow. I have a feeling today was just window dressing for continued dilution tomorrow.
I hope im wrong.
Yes. Nice to see a +25% close. Lets see if they can string together a few green days.