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.
Wow, hav'nt seen a 500,000 share block in awhile! somebody is gettin serious. Take 'em off the ask please.
While we wait.... TCK our bosses fathers co. is back over 40 today and for all you chartists out there a break above the recent high just below 42 would portend a move over 50 based on the reverse head and shoulders pattern. FWIW. IMHO
Making them Chineese REAL happy.
Doah!!!
Thats it! $15 per gram is still cheaper than gold and puts our property in the TRILLIONS! I'm just sayin.... i like your logic.
First off in a ton of Nb there are 907,184 grams x 17 = $15,422,128 x 49 is like 7 billion. I was using Onta's total future Hawk zone 30 billion potential based on $20.00Nb current pricing and comparing that to $6,800 per lb.
But i digress...
it's early and i'm lost in my Italian math. LOL
Help... anybody?
Well..... i would have to agree with that. My contention is that we are currently worth more than $1 with the current share structure and continuing to prove up what will most probably be 30 billion just in the hawk zone. That all based on the current $20lb Nb price.
At $15 per GRAM, that Nb is basically being priced as a precious metal. As i explained in my previous post $6,800 per lb. What does that make our 30 billion hawk zone worth?
2 TRILLION 4 Billion. Yea. I had to check that twice too. Maybe i'm still off a bit. It's still alot and i know all this conjecture is a bit whacked with a current share price under .05 and the resources not yet compliant BUT...
who's to say that sometime down the road Nb is'nt considdered a PM? or that we mint coins at $15 a pop? Even at $20lb were in a good place, just need a bit of patience. IMHO
Holy Smokes Tex! 17 bucks PER GRAM!! What a beautiful coin... maybe we should go into minting instead eh?
Who wants to do the math at $17.00 per gram of Nb divided into 49 million tons? Yowzaa.
28.34 grams in an ounce, 16 ounces in a pound.
lets discount our coins to $15.00 each, thats 28.34 x 15.00 each = 425.10 x 16= 6,801.60 PER POUND of refined matterial!!!
$20.00 per pound added to High strength steel or 6,801.60 as a PM?
Ummmm, I like big booty!
Well, that certainly would solve alot of problems now would'nt it?
Hey JP, nice to see you around again. Missed ya. I do actually think this is the week we get some news. Not sure if it is the earth shattering news we hope for, but i'm pretty certain it will be enough to coment that doubble bottom and reward those who added last week!
Thats my story and i'm sticking too it! Don't be such a stranger :0)
Not a bad finish here. I'm sure just a bit of buying pressure here at the ASK and we kiss the 4's good-bye.
Those that sold st 4 may be feeling a bit sorry come next week, we're due some great news any day. A great weekend all.
Those be the bid- whackers there Jeff. You can always tell 'cause the bid stays firm and sometimes rises like it did today. When we get the volume we need for the next run they'll be forced to chase the ask, forget about these low volume days.
Another doji today and no gap. Just lying in wait for news... it's a coming.
Nice 16% up day on volume. Some large purchases of mil+ blocks. Checked the news, nothing. Someone knows something.
Be right, sit tight, good days coming.
Just ordered 3... thanks Web!!
Yep! Nice day here~
Happy! Happy! Happy! Updates comimng any day.
Did'nt say that Rob. I'm in defense of the stock not bashing it> Why don't you read TraderDogs post again and my response and maybe the light will come on.
Tons of shares? We did about 16 Million in the whole month of Dec. Not even 3% current O/S. Nice try.
Green!!! Up 8%. Nice day here~
Nick might help you with that a bit.
http://www.marketwatch.com/story/gold-and-copper-slump-on-china-worries-2010-01-20
Another outstanding, A+, to the point, eye opening post Onta!!
Thank You!
Kona,
Been here since Nov. 2007 and plan to celebrate the new year 2017 with 'yall! So much to do between now and then. Let 'em work, they know what they're doin.
Monsta property... 100 billion+ comin. IMHO
My guess, 400 million+, no one knows for sure.
Enough to let us run on air when we get a little volume brucy boy... you have watched the tape hav'nt you?
Excellent post and points Tex!!! Best of show so far this weekend. Thank you.
This low? These shares were once valued at .0004 how did we get that "800lb gorilla" to a nickle here? Do you know how much of this float is locked away? We move on air my friend.
I know many here think you deserve the utmost respect, i however will be glad when you take your r/s predictions etc. a head on down the road.
With all due respect of course. lol
i do, no problem. Just curious.
Just curious what brought you over here Mr. Gump being as we are a "stinky" pink and all? If you would'nt consider an investment here, why would you waste time posting here?
O.K. i'll hazard it. What i see happening with good 'ol GSPG in the next 2-3 years is this:
Production by end 2010- early 2011
Share price somewhere between .05 and .10 sometime in 2011
A R/S of (hopefully) 1/100
A share price after R/S of 5.00 to 10.00
Up-listing to one of the higher exchanges (Amex etc.)
A total O/S of 40 million or less
Depending on production, profits and findings upon furthur exploration i expect to see a share price of between $150.00 and $300.00 by 2014. Maybe earlier. Depends on how big the gold bubble gets blown.
I know i'm taking many liberties here with my opinions and many do not want an R/S.
I understand that. But a company in production with as much as GSPG will have going for it, an R/S could only help.
O.K go ahead and bash away!
Yes siree i can smell it.
.80 would make believers out of quite a few negs around here eh?
Nice charts waxie, all we need is the volume now...
Inside China's secret toxic unobtainium mine. Interesting.
http://www.dailymail.co.uk/news/article-1241872/EXCLUSIVE-Inside-Chinas-secret-toxic-unobtainium-mine.html
Thanks Onta, you are amazing! What did we ever do to deserve you anyway? lol
So, 310,000,000 dumped on the market since Nov. and we all wonder why we can't get out of trip zeros.
My guess is that "4 months from now" there are 2 billion in the o/s and they raise the a/s to 3 BILLION. These people are DISGUSTING.
What happened to this B.S.?
t b1209
E-Mail response .
My email....
To: VIPR Industries Inc. <info@viprindustries.com>
Sent: Wed, January 6, 2010 5:29:16 AM
Subject: Re: site update
It appears news doesn't mean much when the O/S amount is questionable and the 504 looms over our head. A website update as was promised ?
Reply....
The company does not believe the O/S is questionable. When the maximum is reached which is very near to that point now, a company is not allowed to proceed with more until 1 year has passed which is 4 months from now. We are focusing on our quarterly financials but will have an update to the O/S shortly. But no company is obligated to update the authorized every week, but we are trying to provide as much information as possible within legal boundaries
VIPR Industries Inc.
Sorry but they are LIARS IMHO.
Seems this will continue to get squashed until the company comes clean about it's current o/s. JMHO
Looks like their at it again:
http://www.independent.co.uk/news/world/asia/concern-as-china-clamps-down-on-rare-earth-exports-1855387.html
Concern as China clamps down on rare earth exports
Neodymium is one of 17 metals crucial to green technology. There’s only one snag – China produces 97% of the world’s supply. And they’re not selling
By Cahal Milmo
Britain and other Western countries risk running out of supplies of certain highly sought-after rare metals that are vital to a host of green technologies, amid growing evidence that China, which has a monopoly on global production, is set to choke off exports of valuable compounds.
Failure to secure alternative long-term sources of rare earth elements (REEs) would affect the manufacturing and development of low-carbon technology, which relies on the unique properties of the 17 metals to mass-produce eco-friendly innovations such as wind turbines and low-energy lightbulbs.
China, whose mines account for 97 per cent of global supplies, is trying to ensure that all raw REE materials are processed within its borders. During the past seven years it has reduced by 40 per cent the amount of rare earths available for export.
Related articles
Leading article: An elemental challenge for China and the world
Precious metals that could save the planet
Search the news archive for more stories
Industry sources have told The Independent that China could halt shipments of at least two metals as early as next year, and that by 2012 it is likely to be producing only enough REE ore to satisfy its own booming domestic demand, creating a potential crisis as Western countries rush to find alternative supplies, and companies open new mines in locations from South Africa to Greenland to satisfy international demand.
Amid claims that Beijing is using its rare earths monopoly as a tool of foreign policy, the British Department of Business, Industry and Skills said it was "monitoring" the supply of REEs to ensure China was observing international trade rules.
Jack Lifton, an independent consultant and a world expert on REEs, said: "A real crunch is coming. In America, Britain and elsewhere we have not yet woken up to the fact that there is an urgent need to secure the supply of rare earths from sources outside China. China has gone from exporting 75 per cent of the raw ore it produces to shipping just 25 per cent, and it does not consider itself to be under any obligation to ensure supplies of rare earths to anyone but itself. There has been an effort in the West to set up new mines but these are five to 10 years away from significant production."
After decades in which they were considered little more than geological oddities, rare earths have recently become a boom industry after the invention of a succession of devices, including iPhones and X-ray machines, which rely on their specific properties.
Global demand has tripled from 40,000 tonnes to 120,000 tonnes over the past 10 years, during which time China has steadily cut annual exports from 48,500 tonnes to 31,310 tonnes.
Worldwide, the industries reliant on REEs, which produce anything from fibre-optic cables to missile guidance systems, are estimated to be worth £3 trillion, or 5 per cent of global GDP.
Beijing announced last month that it was setting exports at 35,000 tonnes for each of the next six years, barely enough to satisfy demand in Japan. From this year, Toyota alone will produce annually one million of its hybrid Prius cars, each of which contains 16kg of rare earths. By 2014, global demand for rare earths is predicted to reach 200,000 tonnes a year as the green revolution takes hold.
Nearly all of China's supply of rare earths comes from a single mine near the city of Baotou, in Inner Mongolia. The remainder comes from small and sometimes illegal mines in the south of the country, leading to devastating pollution from the poisonous and sometimes radioactive ores.
Environmentalists argue that this, coupled with widespread criticism of China's stance during the Copenhagen climate summit, adds to the need for a "plurality" of rare earth resources. One campaigner said: "There are legitimate questions over Beijing's control of these resources. Copenhagen showed they are not above putting national interest ahead of global efforts to curtail global warming."
Once extracted and refined, the rare earth metals can be put to a dizzying range of hi-tech uses. Neodymium, one of the most common rare earths, is a key part of neodymium-iron-boron magnets used in hyper-efficient motors and generators. Around two tonnes of neodymium are needed for each wind turbine. Lanthanum, another REE, is a major ingredient for hybrid car batteries (each Prius uses up to 15kg), while terbium is vital for low-energy light bulbs and cerium is used in catalytic converters.
In October, an internal report by China's Ministry of Industry and Information Technology disclosed proposals to ban the export of five rare earths and restrict supplies of the remaining metals. Beijing strenuously denied that the document was an accurate reflection of its strategy, saying it had no desire to reduce trade in rare earths. But The Independent understands that the level of demand in China means that supplies of at least two crucial REEs – terbium and dysprosium – are likely to be curtailed by as early as next year.
Dr Ian Higgins, general manager of Birkenhead-based Less Common Metals, which specialises in rare earth products, said: "There is a threat that in the next 12 to 18 months, there might be some quite severe shortages of these rare earths. That is certainly going to impact those hi-tech green industries outside China."
Both Western countries and China are already dashing to secure new sources of rare earths. Last year, Australian regulators imposed restrictions on the purchase of one of the country's richest rare earth mines, causing a Chinese company to walk away from a £400m deal to buy its operator.
European and North American companies are meanwhile racing to open or re-open mines in Canada, South Africa and Greenland amid calls in the US for government-backed loans to secure supplies of some REEs which are used in the guidance systems of missiles and laser-guided munitions. Toyota has effectively bought its own rare earth mine in Vietnam by signing an exclusive supply deal.
The Department for Business, Industry and Skills acknowledged the growing concern in Western capitals. A spokesman said: "We are monitoring the situation, particularly with regard to World Trade Organisation rules. We are working with UK industry to assess the long-term demand for strategically important resources, including rare earth elements."
sponsored links:
Ads by Google
Buckyballs Magnetic Toy
Get the Gadget on Everyone's List.Best prices on this year's hot toy!
www.getbuckyballs.com
I would'nt complain about a buck by year end 2010, and me thinks it's doable!
Not to sure about that earlyone. Says here that the reduced rate set to expire has been extended through 2010 and will "sunset" in 2011. GLTU
United States of America
Main article: Capital gains tax in the United States
In the United States, individuals and corporations pay income tax on the net total of all their capital gains just as they do on other sorts of income, but the tax rate for individuals is lower on "long-term capital gains," which are gains on assets that had been held for over one year before being sold. The tax rate on long-term gains was reduced in 2003 to 15%, or to 5% for individuals in the lowest two income tax brackets (See progressive tax). Short-term capital gains are taxed at a higher rate: the ordinary income tax rate. The reduced 15% tax rate on eligible dividends and capital gains, previously scheduled to expire in 2008, has been extended through 2010 as a result of the Tax Increase Prevention and Reconciliation Act signed into law by President Bush on May 17, 2006 (P.L. 109-222). In 2011 these reduced tax rates will "sunset," or revert to the rates in effect before 2003, which were generally 20%. President Obama's budget, announced on February 25, 2009, calls for the Capital Gains Tax to be reverted to the 20% rate before the Sunset date of 2011.
The IRS allows for individuals to defer capital gains taxes with tax planning strategies such as the structured sale (ensured installment sale), charitable trust (CRT), installment sale, private annuity trust, and a 1031 exchange. The United States is unlike other countries in that its citizens are subject to U.S. tax on their worldwide income no matter where in the world they reside. U.S. citizens therefore find it difficult to take advantage of personal tax havens. Although there are some offshore bank accounts that advertise as tax havens, U.S. law requires reporting of income from those accounts and failure to do so constitutes tax evasion.
source:http://en.wikipedia.org/wiki/Capital_gains_tax
Oh yea. SRSR love you long time!
Oh yea. SRSR love you long time!
Thanks Howie, that was way cool! Glad to see your still around. Go SRSR!