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Buyout Phone Call: here is his post off RB MB:
By: ihawk43
01 May 2006, 06:03 PM EDT
Msg. 4583 of 4607
(This msg. is a reply to 4569 by davidam1.)
Jump to msg. #
Yes it's true.
I talked to Parkin, and he said the buyout will be announced tomorrow and we'll be very happy.
With that being said, if we don't see any news, I'll be the first one on the phone with some questions.
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
instructmba: came off yahoo finance, put in the symbol and then hit the large holders button on the left of the screen it should bring you to what I posted.
BOL
Better yet here is the starting link 4 U
http://finance.yahoo.com/
Dr: thanks much 4 the help.
Instructmba: Congrats on an Outstanding job with the appearance of the board, not to mention your excellent handling of moderating.
Now that you know where we all live, every one will have to buy you a drink when you pass through!
BOL
Thanks again for the board, very professional job!
john
Instructmba I thought the following is all the forms that are filed to date:
MAJOR DIRECT HOLDERS (FORMS 3 & 4)
Holder Shares Reported
CHROME OIL SERVICES LTD. 303,591,433 9-Mar-05
ADVERTISEMENT
TOP INSTITUTIONAL HOLDERS
Holder Shares % Out Value* Reported
PARK NATIONAL CORP/OH 100,000 .01 $92,000 31-Mar-06
FIRST AMERICAN TRUST COMPANY 85,000 .01 $78,200 31-Mar-06
PARSONS CAPITAL MANAGEMENT, INC. 10,000 .00 $3,000 31-Dec-05
TOP MUTUAL FUND HOLDERS
Is that not correct?
TIA BOL
Southwest New Hampshire - we need oil to keep warm. brrrrrrrrrrrrrr!
indy I used $500 for the sake of math and nothing more so we could easily multiply 1.9mil oz of gold x X$ to get a value.
That was not what my question was. Guess I am not making very clear.
Does anyone see on the website that there is a discrepancy on year 04 vs 05 both carry $4+billon in assets. Indicating that we had $4billion 1 year prior to the Dec acquisition which yielded us 3.5 billion. Something is wrong with the math!
Website: http://www.auruscorp.com
benz: yep I figured the 06 kylon add on assets but I can't figure why the website says 04 and 05 both had over 4billion in assets, when Zabaikal.... 3.5 bil asset acquisition was not until Dec 05
What is the discrepancy here?
TIA
If Kylon add 1.9 mil oz gold in Mar 06 plus silver, the value of the assets without subtracting 06 sales should be over $5billion now even if you figure gold at $500/oz and don't count the silver.
This mornings Asset announcement specifically stated as of
Dec 31 2005. So Kylon is to be added.
Wow!!!!!!!
benz: likely I am somehow misreading this, but on the AURUS Web site under financials it has 05 and 04 fiscals. Not being able to find regular 10ks these financials at least show 04 + 05
***My question is how do they show <$4bil in assets in "04"> *before* the recent acquisition of Zabaokal... *in Dec 05* which equaled roughly 3.5 Bil by itself. Seems like the assets would then have been for 05 a total of 7.5 bil - 04 & 05 sales.
I am missing something here any ideas?
Here is the site for the "05" + "04" Asset figures Im looking at:
http://search.netscape.com/ns/boomframe.jsp?query=aurus+corp&page=1&offset=0&result_url=...
Dr. Feelgood: thanks much for the accounting help.
still I didn;t understand how
Aurc in 04 and 05 10ks it listed over $4bil in assets
When the purchse of zabaikalgcoprom with 3.5 bil was not in 04 but rather Dec 23rd of 05
Hence if 04 10k showed $4bil+ assets and sales were miniscule then you add Zabaikalgcoprom with 3.5 bil assets on Dec 23 05
how does the number come out to 4bil and not 7.5bil?
Also the Kylon addition in asset value is not until Mar 06 when that acquisition took place.
You cleared up part of the puzzel for me but not the rest, any ideas??
TIA
BOL
Question: I read here that some one was disappointed in the 10k due to lack of revenue from production in fiscal 05
???
Zabaik... acquisition wasn't until 12/22/05 yr end for the 10k and then
Kylon was Mar 14th 06 1st qtr.
Neither would have had 05 production imo
**So what production would any have expected to see on the 10K when these two comprise the value of the Assets 4+Bil?
**Was there also 04 assets that should have generated a big chunk of revenue?
**One other question I have is that when I looked at the 05 10k, I thought I saw Long term *debt $4B = to the $4B of Assets that Parkin mentioned today.
**Also it looked as though $4B of Assets was listed on the "04" 10k as well as the "05". How does that work or did I misunderstand it?
** If we had $4B as of the end of 05 then Kylon in Mar 06 is not counted in Parkin PR today as it ws as of end 05. That being the case we must have assets wayyyyyyyy over $4B shouldn't we? Kylon is all additional assets.
I am missing something, he paid 4B to potentially get 4B?
TIA
david paid bashers like Meridian may be paid by the large oil companies, and have only but one goal you sell and they buy the company cheaper at a fire sale price.
Anyone believing this Meridian has got to have their head examined. He is a prolific bashere who is ruining this board.
Too bad the moderators couldn't bounce him,
Guess we can just ignore him, or report him to Mat at Ihub, or cut and paste his posts to an email and forward it to the appropriate authorites, since he is endeavoring to has us all sell, so his shorting will reap him a fortune.
Wonder if Mr Offor cares, since he has 40% of the stock?
BOL
Take out Basher's Garbage Early & Often!
When you read their message hit their name and the profile comes up, then hit ignore!!!!!!!!!!!!!!!!!!!!!
BEST OF LUCK,
The Board Clean UP Crew!!!!!!!
Strassenheim: Meridian a Great Basher?:
One rule of thumb with paid bashers who really want to make Bashing work, is to instill doubt in investors and cause a SP slide is costing us all money, thanks Meridian:
Start out as a long, earn board confidence with supposed information, and after a few weeks, or less turn a little doubtful, then more, and then totally. Any positive posts in the last few weeks from Meridian? lol
I received an email from a former basher who worked for $18/hr
in NYC in a boileroom. She got a bonus for good posts in excess of 100, and a Bonus when the stock slid 1% or more in a day.
imho Merridian is not a very good basher, since he is now so thinly veiled. Most know that what he is spewing is largely just negative BS and he is working against the stock to drag the price down. If not he has a great many of us fooled.
So he will get the Golden BAN AWARD and off the radar he goes.
BOL
OT itsonlymoney1: Read your Post on America
From a country, Ireland, whose biggest export for years was its youth, and last century its starving masses, you have the audacity to pretend to know about America. Well after reading your post I am very ashamed to say I am Irish.
I think you should review some facts before you judge, making decisions in a vacuum of facts is idiotic:
America is the FIRST on the scene to lend a hand to folks having suffered disaster, the first to give to a worthy cause.
We are not a bunch of Guiness soaked sogs who stumble home from the pub each evening.
We fight and die so others can be free and enjoy a life,so they are not ruled by the IRON CURTAIN or ADOLF HITLER or OSAMA B. or many other dictators.
Not what has your fine country done lately? Ya might try reading your history a tad before you judge so rapidly!
JimProfit:
Scott has beaten the heck out of the 1st qtr Profit now until it is a totally discounted event(imho) It should cause some investigation/dd by investors due to the low profile of the company, so that is a plus.
He desperately needs a good IR firm to promote the stock to Wallstreet, that would be a huge plus for the SP in 3months or less. jmho
ryan I agree with you, many firms do in fact have a career path thru VP of Finance and they then get CFO many times, but not always as an add on.
The last firm I worked at did exactly that, the VP of Fin. title was retained and the CFO coupled with it
VP of Fin. & CFO
imho Seems like someone is grasping at negative straws.
instructmba: take a cumulative look at the 03,04,05 losses for ERHE. Total them they amount amount to around 17Mil that means the $45Mil ERHE got in Mar far outweighs the cumulative loss which the company lists.
Without anything else considered, that is one hell of a lot of progress imho
BOL
DrFeelgood: that is strange, but from what is being posted I guess not that unusual.
With Schwab
I can always set my limits for whatever on a GTC, so I am not sure why it works differently but it seems to at many discount brokers.
Airdale pointed out that if you have Margin Accounts you need to have the request not to short in writting. When I spoke to Schwab he said that anyone with a Margin Account needs to contact their broker and see what restrictions are on the accounts and then ask for the appropriate procedure, if possible.
I have cash accounts and they are set up not to have any shorting.
Bol
airdale: Just talked to Schwab: and he said that in my case my shares can not be used for SHORTING, I have 12 accounts but do *not* have any Margin ACCOUNTS.
Margin accounts need written request as you stated, but even then due to the small print on the agreement you signed to get the account you may in fact not be able to specify,
He said to me that none of my shares in any of my accounts are lent currently.
NROH77: wow that is weird, I would find out why that is. If you want to change brokers there are plenty. If you trade frequently and like LV2 and charts etc plus research Schwab Street Smart Pro does mine free $9.95 per trade even for penny stocks and with limits free.
Schwab homepage will tell ya about it or call 1-800-435-8000 and talk to them.
BOL
Tell ya what even if you current limit is $1 we are a way from that and you could always change it.
mfbeal every litterrbit helps, lol jkg. We both have about the same shares within 50k, so buy somemore and we will be even! lol
BOL
gold: easy to do and it may help us all! BOL
Instructmba: Look at the dates> your info has an expiration transaction date of Jan 31 05 The transaction took place Jan28 05 the way I read it.
The info I was giving you about Chrome is as of Mar 05 2005.
I think what you referenced is part of the overall shares which Chrome now has roughly 40%
Just the way I read it: but I think your reference is a transaction which a part of the overall holding of Chrome.
Now you have me wondering but I my info has a later date than your transaction date.
BOL
Instruct: holdings:
MAJOR DIRECT HOLDERS (FORMS 3 & 4)
Holder Shares Reported
CHROME OIL SERVICES LTD. 303,591,433 9-Mar-05
ADVERTISEMENT
TOP INSTITUTIONAL HOLDERS
Holder Shares % Out Value* Reported
PARK NATIONAL CORP/OH 100,000 .01 $92,000 31-Mar-06
FIRST AMERICAN TRUST COMPANY 85,000 .01 $78,200 31-Mar-06
PARSONS CAPITAL MANAGEMENT, INC. 10,000 .00 $3,000 31-Dec-05
TOP MUTUAL FUND HOLDERS
instructmaba: I believe if you check you will see that Chrome is a 40% + holder. I will get you a link, it was recently that way anyhow.
BOL I will post to ya.
Prevent YOUR shares being used in SHORTing:
It is illegal for brokers to USE shares for which their are open orders in to sell, in their shorting process. Therefore put in HIGH sell orders, GTC, for AURC. Put them at $5+ or some such, then they can't legally be used against you and the rest of the longs by shorts. If there were no shares available to short with it would be a very different trading world.
I almost always put in sells when I buy a stock, just to prevent my shares from being used in shorting. Takes two seconds but if all longs did it, it would reduce legal shorting immensely.
BOL
instructmba:imho MMs manipulation: MMs make their profits from VOLUME. Over the last 6 weeks they sold their cheaper shares and their inventory as of now must have a cost base between .75 and .92. Just a guess but I believe that is about the range they have bought in recent time.
We note that Chrome holds 40+% of ERHE 716M shares, leaving only 429M shares in the loose float for the MMs. They just found that they could only get 1 good volume day to the downside and scouped what they could from weak hands.
Now they have a large and more costly inventory hence the way has to be NORTH for them to make money. Imho they can't get big volume and big profits without a push north, now they know South just won't work to buy many more cheap shares.
Just my guess but we stay north and hopefully get some + news
BOL
instructa if Joe is accurate man this is incredbile news thanks much for it.
If you keep posting it, it should reverse the slide!
By: instructmba
26 Apr 2006, 09:34 PM EDT Msg. 95204 of 95209
(Msg. is a reply to by None.)
Joe's blog did it again... breaking news report. I got it on my JDZ board, as well. Good job Joe!
http://erhc.blogspot.com/
BOL John
Fran: thanks much! Will do.
Talk to you when I get back.
Man the RB Flip board is dead!
Remember to watch AURC, NDOL, ERHE for me while I am gone, I don't want to bother you with the other 23 lol.
Anyway take good care, talk 2 ya soon,
john
Hi Fran:
Options is a world unto itself in my estimation.
I buy long and trade fequently. Many times I will use a 70/30 where I keep 70% for trading then 30% for core. If the stock goes north I like to take out my entire cost plus 25% and keep the remaining shares free. Works for the north but not the south. lol Don't keep much for longer than 6 months.
Have a great weekend.
I will be gone likely from Sun thru Thurs so in case we don't talk have a good one and take care!
john
I already did post a DD link/
OT fran: interesting:
well if you get a chance to do some DD look at AURC, NDOL, ERHE those are my current high risk favorites. I have a bunch of conservative equities for divs but the above are some of my fun stocks.
I usually have a total of about 20-30 open at a time, in about 12 accounts some big, some small.
Never did options, but had an interest in:
Buying leaps then writing covered calls on them, seemed like it could be worthwhile. Not familiar with them so I didn't.
Which MM did you work for?
pug : not sure of the meaning of all that and the WoT article, but that is politcs and I am more inclined to think in a military manner not a politcal one.
I will say though that should any of those zealot wannbes decide to visit my humble domain, I will be very happy to treat them to a fresh 45 cal round from my M1911A1 mil issue 45 pistol.
Makes a nice hole. For many years before retirement it never disappointed me other than its range, but for inside the house it will do just fine. lol
This stock will make us wealthy regardless of them!
Nice ratcheting trades with ongoing brief consolidation for a couple of days a time. When this hits OTC soon it should really take off well on volume and exposure.
It will be much more fun yet, so hold those shares very tightly boys and girls the ride is just starting. Guard them like gold!
hmmmmmm ?
BOL
Me thinks the word is spreading! This appears to be a very undervalued play for many of us to make a few $$$$$$ on!
BOL TA
john
Fran it will hopefully turn into the .80 although I think it will have to hit my .30 first. lol
Have you looked or do you own NDOL or AURC I have a lot of both and think they are both way undervalued.
NDOL - should here about a potential buyout in negociations now
It is profitable currently with its storage bus., but it is expected to grow big time due to some oil reserves it also has and is scheduled to start pumping in June. From what I saw Europe has approved their applications for supplying oil and that should create a 250m per yr profitable business.
Plus they have applied and are expected to be on the OTC iminently.
AURC bought two companies recently and has accquired huge gold and silver reserves. It is just starting to take off.
Good DD link and you can plug in NDOL if you want to look at it.
http://finance.yahoo.com/q?s=AURC.PK
Fran: Earnings for fiscal 06 are supposed to be good! 1st qtr due out mid May **supposed to be 1st profit in history**, due to Jan acquisition, then bal of yr supposed to be good.
For now imo much of the good news discounted, however due to that you may see a spike without the customary "sell on the news" which many stocks go through.
We will have strong future resistance to break .10 and hold then will be .14 so it ain't going to be a one day trade. lol Thanks to the last 3-4 weeks and the next 2.
Supposed to be a .30-.50 stock, longer term (6 mos). Think it depends on how successful Scott G. is at stringing good quarters together and if he puts this on an exchange as he suggested.
fran is RB working this a.m. I keep getting server error?
TIA