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When Congress gets off their butts all these types of stocks will bust right open.
This is the main reason for our dip lately across the board
There are monstrous changes taking place in the world.
Forces shaping a future whose face we do not know.
When our food,oil,clothing,housing all revolve around the complication of mass production.
It's bound to get into our thinking and seems to eliminate all other thinking.
This is danger to me.It breeds fear in markets and great tension making people unhappy and confused.
Steinbeck writes: " Our species is the only creative species, and it has only one creative instrument, the individual mind and spirit of a man.
Once the miracle of creation has taken place the group can build and extend on it, but the group never invents anything.
The preciousness lies in the lonely mind of a man."
It's a collective board tonight, Very good in fact. I think we all feel the economy has just now started to bottom. Congress is not going to let us die, and things are going to break in a good way soon, and we sure deserve it too.
do you sense it too?
the secret to these type of gold stocks
is they are not real, so have some fun and spread the love with your fellow posters. Never buy big until the real good news emerges. Usually a buyout or merger. Most people short the poop out of these and you knew this before you bought it, right. so wait and enjoy and never use the word Arizona LOL. Trust me I owned the "Silver Mary" mining claims there in the 90's. I live in a community where there are 40 gold and silver areas within an hours drive from Tucson. Anybody can buy a claim for 125 bucks a year. It was only 10 dollars per claim then. My old claims I had to let expire because it made me look wealthy during my divorce. My old claims were claimed by an outfit just solely to sell stock now. They hope rosemont or another real mining firm will buy them out or help them invest zillions to develop. Which is why I buy these just in case they get lucky. Because you owned them before lets you have the edge. So enjoy them long and lean.
At least the board is getting down to reality now. today was some of the best reading I have seen here yet.
Enjoy friends
come on 3 go baby go~
1 to 3 play weeeeeeeeeeeeee at least were making some coin now.
got to love those doubles and triples
More history about TIV
Nice read RB they found a excellent prospective partner for Richardson and in a place with no cartel violence to worry about too. Should the deal go thru it will greatly increase UXG's total mineralized material.
Tri-Valley Corporation explores for and produces oil and natural gas in California and has two exploration-stage gold properties in Alaska. Tri-Valley is incorporated in Delaware and is publicly traded on the NYSE Amex exchange under the symbol "TIV." Our Company web site, which includes all SEC filings, is www.tri-valleycorp.com .
In November 2004 TIV formed Select Resources Corp., a mining unit. The company said the move was its first step towards creating a stand-alone company for its 42 square mile Richardson, Alaska gold exploration project and other mineral assets. Tri-Valley had plans to eventually take this unit public back then.
On May 3,2011 an independent analysis was completed by Avalon development corp. which identified potential gold minerals and recommended six target sites for further exploration for Richardson gold project.
Avalon's report is based on updated geological, geochemical, and geophysical data. Based on Avalon's findings, the Richardson project appears to contain at least three different types of intrusive related gold mineralization. Avalon has identified and recommends further sampling and evaluation of six prospective areas within the project.
"The NI 43-101 report confirms earlier studies that indicated the potential for substantial gold deposits at the Richardson project," said Maston N. Cunningham, President & CEO of Tri-Valley Corporation. "As part of the report, Avalon has recommended additional rock and soil sampling, mapping, and reconnaissance-scale prospecting to further identify the most prospective areas to be evaluated by drilling. We are currently evaluating the report's recommendations; and, along with our efforts on our Alaska Shorty Creek project, we are seeking an experienced operational and financial partner to help us explore and develop the Richardson property."
The Richardson NI 43-101 report is available on the Company's web site at www.tri-valleycorp.com
On may 9th 2011 TIV announced there First Quarter Financial Highlights
Total revenues for the first quarter of 2011 increased to $721,000 compared with $1.2 million in the first quarter of 2010, which included $591,000 from gains on the sales of assets. Oil and gas revenues increased 11% to $658,000.
Total costs and expenses decreased 6% to $3.2 million in the first quarter of 2011 compared with $3.4 million in the prior year's first quarter. The decrease was largely due to a significant reduction in warrant expense, as well as, lower mining exploration expenses and depreciation and interest expense, partially offset by an increase in general and administrative expenses. The increase in general and administrative expense reflected higher legal expenses from ongoing litigation related to our Pleasant Valley leases and capital formation fees incurred in the recent first quarter, partially offset by lower total salary and benefits expenses, attributable to cost reductions initiated during the first quarter of 2010. Oil production costs increased 7% in the first quarter. The net loss in the recent first quarter was $2.5 million, or $0.05 per share
today's Vol.1.6 M bid 0002 ask 0003~
.0002 to .00029 on 3.5M Vol~
5/23 .0002-3.2M vol
"and it never failed that during the dry years the people forgot about the rich years, and during the wet years they lost all memory of the dry years. It was always that way"."Steinbeck,East of Eden"
Remembering back today: 2000 to 2005 Remember how alive the American dream was. If you had a job that paid 8 dollars a hour you could buy a house. and they did by the millions. and they paid their mortgages too.
The American dream was at it's finest hour.
Then Gas went up.
The end
Oh APTD I remember that hot August day when you went to 6.6 cents. Oh I remember it well.
Good choice SilverT Love your guns!
At Non gunpoint I usually spill the beans anyway, You just found one of the best stocks in the world.
Congratulations, and excellent entrance points now IMO.
At gunpoint I sure hope I'm right.
UXG expects to complete a pre-feasibility study for the Gold Bar project during the 3 quarter 2011.
Over the next two years they estimate to spend approximately 20 million on exploration on the Gold Bar Project, Limo Project and other targets in Nevada.
The Tonkin property in Mexico has 478 claims that expired In Jan.2011 since that date UXG has entered into a agreement with the owner to acquire them. the agreement is subject to certain conditions and they have not formally acquired the claims as of March 9,2011. In the event they are unsuccessful in acquiring those claims there interest in Tonkin would be reduced by 478 claims and the estimate of mineralized material relating to the Tonkin property would be reduced accordingly.
from 10-K
A third party step in would be nice
There has to be other online start up firms looking at this now.
WAIT
Mays Mud Pie only 1/2 baked
As we reach the half way point in May the mayhem of correction has a firm grip on virtually all major index's.
Investors find themselves gasping and running for a cover in nothing. Which reminds me of that famous WC Fields Quote: " All My Money Is Tied Up In Cash"
In my opinion this is all started by one thing "Big Oil"
and if they do not get their normal surreal tax breaks from their record profit earnings they will continue holding the markets hostage . This oil pressure grid has so much influence on markets they can do as they please.
Even the utility companies are running for cover thinking their free ride is coming to a end with future taxes in the works.
Some top reasons people watch this AlphaTrade
1. Is not a start up company, 10 million revenue achieved in the past.
2. Never traded this low before .0001 and as high as .50 in the past.
3. Have been trying to tap into the multi-trillion dollar online trading industry. Should they just be successful to get 1 % percent of this market it would generate 100 million in revenues.
4. Still has other revenue sources coming in
5. How they will make proper adjustments from Chap.11
6. The BNET all cash transaction, that was never announced if it's still on or off.
7. There new director has just started.
Where's the "Mini Me" rally's
Yep maybe I should just throw down
dump the whole pod and go for that really big EPIC Return, If not maybe just play the "Mini Me" rally's which should start any day.
it's just endless, know matter what people seem to play this. Even now in the depths. they just keep coming. Wave after wave all with different plays and skills. Probably all the way into the grays and beyond
maybe into the next generation they will still be pondering ways to play APTD.
market cap 808t
assuming OS is 4.5B which In my opinion 3.2 B is in limbo land because nobody can prove the CEO sold the death benefit shares or how many but one can prove they tried to trade some on the BNET all cash transaction that I guess died or may still be in the works.Who knows what's happening.
I expected the CE, and expect it to be lifted within 3 months also when results come in from aggressive promos and Mr. Miller the new director. He has yet to make his mark with all that has happened with Katherine's departure from vise president and this bk. so I'm eager to see how and what he will do. APTD is too established to just collapse . Still sources of revenue coming in.
and VI Thanks for posting.
I'm not buying this and only hold free shares
Higher gold and silver prices lead to improving fundamentals for mining companies
, and may eventually lead to a short squeeze among the hedge funds. That would force them to cover their positions, which would lead to sharply higher share prices among gold mining shares.
Although the entire gold mining sector is benefiting from the rise in gold and silver prices, I have found two stars that offer a lot of value and upside potential. According to my analysis, both US Gold and....
http://seekingalpha.com/article/269360-the-attraction-of-gold-mining-shares
Some of today's miners results : UXG -928% and
UXG -928%
USG:CA -927%
RPM -641%
ABX -388%
CDM -325%
NEM -227%
KDX -1.96%
CDE -0.27%
Between FX derivatives and the announcement of investigations of speculators in the oil market combined with margining requirements concerns, Obama's story line which many just can't firmly grasp because the government doesn't have it's story right with the buried at sea thing. Oh and not to mention the up coming rapture of the Lord on May 21 . I think it's safe to say that May maybe the straw that makes or breaks the old camels back.
We sure could use a moderator, Hope your considering
Another bulletin out today
A gold mining stock,quite interesting
yep like all pinks the sec is the problem for letting all them continue
perhaps the sec is corrupted by the 5 companies who run this country,
Who own all the news,books, magazines virtually everything we hear and read is controlled by the same board of directors who control the government and the people. Wake up people!
This is a shared opinion many hold as truth,mainly because these same people all hold positions on the board of directors across the same 5 companies who are so powerful they hold the government hostage.
Go APTD, Go and blend in with the rest.
But we know, Don't we.
Loss widened to $8.7 million (7 cents/diluted share) from $6.9 million (loss of 6 cents/share) in the same quarter a year earlier
AlphaTrade coming out with huge Awareness Campaign.
See today's bulletin
http://www.alphatrade.com/financial-content.php
this has a lot of new good information
Testimonials
Awareness Chart from a client
AlphaTrade receives over 11 million hits each month to it's online properties.
I'm starting to see a fresh start taking place.
Apparently APTDQ always has a never ending line of buyers. This has been a constant for years and baffles
the mind trying to figure it out why and who.But nevertheless shows us the popularity one has never loses it's savor no matter if it's good or bad. I'm not worried here and a good game plan should emerge soon. MMs playing around with the bid/ask
I'm not buying this and only hold free shares
About that 1 yr. chart surely your not referring to that little thing? Decrease was the truth for me this past year. Why they won't even let it grow to 2 cents..
10 Q EDGAR Online via COMTEX) -- Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Overview
The following discussion updates our plan of operation as of May 5, 2011 for the foreseeable future. It also analyzes our financial condition at March 31, 2011 and compares it to our financial condition at December 31, 2010. Finally, the discussion summarizes the results of our operations for the three months ended March 31, 2011 and compares those results to the three months ended March 31, 2010. We suggest that you read this discussion in connection with the MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION contained in our annual report on Form 10-K for the year ended December 31, 2010.
Plan of Operation
Our plan of operation for 2011 for Mexico is to complete the feasibility study at the El Gallo Project, as well as continue to further drill and explore surrounding areas. For Nevada, we plan to complete a pre-feasibility study at the Gold Bar Project, conduct an exploration drilling program to potentially increase the size of the deposit, as well as to test peripheral targets that we have generated through field prospecting and sampling at the Gold Bar Project. We also plan to further drill test the two promising targets at Limo found in 2010, the Cadillac and Continental sites, and conduct reconnaissance exploration including sampling, mapping and possibly geophysical surveys at that site.
The company-wide exploration budget for 2011 is currently projected at approximately $29 million, including $21 million projected for Mexico and $8 million projected for Nevada, and may be re-evaluated at any time during 2011. Corporate general and administrative overhead for 2011 is expected to be consistent with 2010 at approximately $5 million with property holding costs projected at $4 million. We also expect to spend approximately $8 million in 2011 to acquire mineral property interests.
On February 10, 2011, we entered into a binding letter of intent with the owners of the Tonkin North claims for the purchase of those claims. Pursuant to the letter of intent, we have agreed to pay an aggregate of CDN$8.4 million ($8.7 million) for the claims and grant the sellers a 2% net smelter return royalty interest on any gold produced from the claims in excess of 682,000 ounces of gold. The parties have not yet negotiated and entered into definitive documentation for the transaction. If the transaction is consummated, we will use cash on hand to pay the purchase price for the claims. If we do not consummate the transaction to purchase the claims, our total interest in the Tonkin Complex will be reduced by 478 claims or 13.96 square miles, and, as a result, we estimate that our interest in the previously announced mineralized material identified at the Tonkin Complex will be reduced by approximately 38%. If the transaction is not consummated, we will file amended technical reports under NI 43-101 on the Tonkin Complex to reflect our reduced interests in the Tonkin Complex.
Liquidity and Capital Resources
As of March 31, 2011, we had working capital of $111.2 million, comprised of current assets of $115.7 million, which includes $33.1 million of gold and silver bullion, and current liabilities of $4.5 million. This represents an increase of approximately $97.7 million from the working capital of $13.5 million at fiscal year end December 31, 2010. At March 31, 2011, the fair value of our gold and silver bullion held exceeded its book value by approximately $4.1 million.
In February 2011, we substantially increased our working capital when we issued 17.25 million shares of common stock at a price of $6.50 per share, which includes the entire exercise of the underwriters' over-allotment option of 2.25 million shares in a public offering pursuant to a registration statement filed with the SEC and a prospectus filed with Canadian securities regulators. Robert R. McEwen, our Chairman and Chief Executive Officer, purchased 3.05 million shares in the offering. Gross proceeds from the 17.25 million shares sold in the offering totaled $112.1 million. Proceeds to us, net of commissions and expenses, were approximately $105.4 million.
Table of Contents
Our only sources of capital at present include cash on hand, marketable securities, gold and silver bullion and the possible exercise of options since we are not generating revenue. Warrants which were previously outstanding expired on February 22, 2011. Based on current spending projections, our current cash on hand, marketable securities and gold and silver bullion are expected to be sufficient to fund ongoing operations until 2013. We expect to continue depleting our working capital as we spend cash on exploration and other activities described above under "Plan of Operation".
Net cash used in operations for the three months ended March 31, 2011 increased to $9.3 million from $6.5 million for the corresponding period in 2010, mainly due to increases in cash paid to suppliers and employees. Cash paid to suppliers and employees increased to $9.3 million during the 2011 period from $6.5 million during the 2010 period, primarily reflecting increased exploration activities in Mexico and Nevada. Cash used in investing activities for the three months ended March 31, 2011 was $28.6 million, primarily due to additional purchases of gold and silver bullion of $30.2 million and partially offset by proceeds from the sale of gold bullion, as compared to $1.8 million in the comparable period of 2010.
Cash provided by financing activities for the first three months of 2011 was $105.7 million from the public offering of 17.25 million shares and exercise of stock options compared to $13,650 in the comparable period of 2010.
Results of Operations
Three months ended March 31, 2011 compared to three months ended March 31, 2010
For the three months ended March 31, 2011, we recorded a net loss of $8.7 million, or $0.07 per share, compared to a net loss for the corresponding period of 2010 of $6.9 million or $0.06 per share. The increase for the first quarter of 2011 compared to the first quarter of 2010 reflects our accelerated exploration efforts in Mexico and Nevada.
General and administrative expense for the three months ended March 31, 2011 and March 31, 2010 remained consistent at $1.4 million.
Property holding costs during the 2011 period decreased by $0.7 million to $0.9 million compared to $1.6 million for the same period in 2010. The main factor for the decrease in 2011 is the pending purchase of the Tonkin North claims as discussed in the "Plan of Operation" above. In the first quarter of 2010, we made lease payments of $0.8 million for the Tonkin North property. Exploration costs for the first quarter of 2011 increased by $2.7 million to $6.9 million as compared to $4.2 million for the same period of 2010, reflecting an increase in exploration activities at the Gold Bar and Limo projects in Nevada and at the El Gallo project in Mexico.
Total stock-based compensation expense in the 2011 period increased to $0.5 million compared to $0.3 million for the same period of 2010, reflecting an increase in the number of options granted and higher calculated option value during 2011. Stock-based compensation expense is allocated to the general and administrative and exploration costs lines within the unaudited Consolidated Statements of Operations and Comprehensive Loss.
Accretion of the asset retirement obligation in Nevada and Mexico for the three months ended March 31, 2011 and 2010 remained constant at $0.1 million. During the first quarter of 2011, we sold 1,603 ounces of gold bullion which resulted in a realized gain of $0.5 million. We did not sell any gold bullion in the same period in 2010. During the first quarter of 2011, we recorded a foreign currency exchange gain of $0.2 million, reflecting a weakening US dollar against the Canadian dollar and its effect on the net monetary assets or cash that are denominated in Canadian dollars.
Critical Accounting Policies
Critical accounting policies and estimates used to prepare the financial statements are discussed with our Audit Committee as they are implemented and on an annual basis.
There have been no significant changes in our critical accounting policies and estimates since December 31, 2010.
Table of Contents
Forward-Looking Statements
This report contains or incorporates by reference "forward-looking statements," as that term is used in federal securities laws, about our financial condition, results of operations and business. These statements include, among others:
* statements concerning the benefits that we expect will result from our business activities and certain transactions that we contemplate or have completed, such as receipt of proceeds, increased revenues, decreased expenses and avoided expenses and expenditures; and
* statements of our expectations, beliefs, future plans and strategies, anticipated developments and other matters that are not historical facts.
These statements may be made expressly in this document or may be incorporated by reference to other documents that we will file with the Securities and Exchange Commission ("SEC"). You can find many of these statements by looking for words such as "believes," "expects," "anticipates," "estimates" or similar expressions used in this report or incorporated by reference in this report.
These forward-looking statements are subject to numerous assumptions, risks and uncertainties that may cause our actual results to be materially different from any future results expressed or implied in those statements. Because the statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied. We caution you not to put undue reliance on these statements, which speak only as of the date of this report. Further, the information contained in this document or incorporated herein by reference is a statement of our present intention and is based on present facts and assumptions, and may change at any time and without notice, based on changes in such facts or assumptions.
Risk Factors Impacting Forward-Looking Statements
The important factors that could prevent us from achieving our stated goals and objectives include, but are not limited to, those set forth in other reports we have filed with the SEC and the following:
* decisions of foreign countries and banks within those countries;
* unexpected changes in business and economic conditions;
* changes in interest rates and currency exchange rates;
* timing and amount of production, if any;
* technological changes in the mining industry;
* our costs;
* changes in exploration and overhead costs;
* access and availability of materials, equipment, supplies, labor and supervision, power and water;
* results of current and future exploration activities;
* our ability to secure permits needed to explore our mineral
properties;
* results of pending and future feasibility studies;
* changes in our business strategy;
* interpretation of drill hole results and the geology, grade and continuity of mineralization;
* the uncertainty of reserve estimates and timing of development expenditures;
* commodity price fluctuations
Table of Contents
* local and community impacts and issues including criminal activity and violent crimes ; and
* accidents and labor disputes
We undertake no responsibility or obligation to update publicly these forward-looking statements, but may do so in the future in written or oral statements. Investors should take note of any future statements made by or on our behalf.
May 06, 2011
(c) 1995-2011 Cybernet Data Systems, Inc. All Rights Reserved
Well I'll never forget this one ! The stock that "Died by a Death Benefit".
Now what karma and red African ants.
Good Luck
9.35 after hours Thurs 7 pm~
Wonder what the new name will be ?~
UXG "Bull Flag Detected"Wms%RSI,Ma,ppo most charts in
radical rising up trend motion with no immediate pull back in sight
IMO were "going off the charts". As we reach the $10.00 milestone a lot of the herd will keep joining in. As you can see in the past month UXG volume has increased dramatically . This increase in volume is the true bull flag in my opinion. UXG has entered a whole new realm of volume expansion . Targets are in some kind of wonderment stage with nobody really knowing the full power of the bull that's driving the stock.
What is it JD?? You might be asking? Why is UXG so good?
In a nutshell. "We Got Good Dirt"
all imo
have a good weekend
Years to run!One for the record books.
One of the most difficult things is to hold through a bull market. Legendary speculator Jesse Livermore said it was never his thinking that made him money but his patience. With the recent blow ups in technology, housing and the financial sector, there will be even more contrarians around to denounce the bull market in precious metals. This bull market has years to run and will be one for the record books. Buy and hold your core position and do not think about it.
Also latest GDX and GDXJ charts
http://wallstcheatsheet.com/trading-markets/gold-is-gleaming-brighter-on-the-breakout.html
U.S. Gold Corp: A Study in Junior Mining Leadership
"another good article"
http://seekingalpha.com/article/262344-u-s-gold-corp-a-study-in-junior-mining-leadership
Were better off now.This is all good!!!!!!
Your talking about less than a penny stock and complaining about a freak en triple 07 give me a break, could of sold what? a couple of cents worth.
why should I feel sorry for anybody who uses penny stocks like slot machines anyway.
glad you sold
bye
Gold Glitters at All-Time Highs Silver Going Parabolic
BGMI weekly tick chart
FIB chart
looks like 1500 gold 45-50 Oz. Silver in a couple of months 12 dollar UXG imo
http://wallstcheatsheet.com/trading-markets/gold-glitters-at-all-time-highs-as-silver-shines-parabolic.html
Somebody will pick us up ~
Many ways to view this
Are we hung or just hanging ?
Continuous Contract Chart predicting major gold & Silver break out !
Got to love this
http://wallstcheatsheet.com/trading-markets/is-gold-on-the-verge-of-a-major-breakout.html
Guess that ends that quarter~