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Cool, Gary. Meanwhile, as the stock price implodes here, word has it that a PP member paid to get the latest Az corp filing, not yet on the website. It shows that Maurie "only" dumped 700 million shares in the last year. Here's the link, where the document will eventualy show up. That leaves him with another 1 bn to go, plus the preferred.
Sorry, I couldn't find the info. I searched RB old posts for 20 minutes for the info.
This was just posted over there, it is worth reading.
<<By: castortroy1231
14 Sep 2006, 06:44 AM EDT
Msg. 59728 of 59731
Jump to msg. #
Don't be upset with me just because the share price refuses to keep up with your fantastic rumors. If the investors here would cut the emotional umbilical cord and learn how to trade, you wouldn't take others obversations about a stock so personally.
NMCX is a stock. It's only a stock. Most here that bought into the NMC concept believe that they will make millions of dollars on a thousand dollar investment. This is obsurd.
Stop and think for a moment people. Here is a real gold producing company with real revenues and information.
Vancouver, British Columbia – September 11, 2006 – GOLDCORP INC. (GG:NYSE; G:TSX) is pleased to declare its ninth monthly dividend payment for 2006 of $0.015 per share. Shareholders of record at the close of business on Friday, September 22, 2006 will be entitled to receive payment of this dividend on Friday, September 29, 2006.
Goldcorp is one of the world’s lowest-cost and fastest growing multi-million ounce gold producers with operations throughout the Americas and Australia. Gold production in 2006 is expected to be approximately 1.8 million ounces on an annualized basis, at total cash cost of less than US$100 an ounce. In the second half of 2006, production is expected to be 950,000 ounces. The company does not hedge its gold production.
______________________________________________________
Here is another press release that should put facts straight in your mind instead of living in the NMC Fantasy Camp.
______________________________________________________
Goldcorp and Glamis Agree to US$21.3 Billion Combination Creating the World’s Premier Gold Mining Company
August 31, 2006
TORONTO, August 31, 2006 – Goldcorp Inc. (TSX: G, NYSE: GG) and Glamis Gold Ltd. (TSX: GLG, NYSE: GLG) announced today that they have agreed to combine in a US$21.3 billion transaction to create one of the world’s largest gold mining companies. The new company will continue under the name Goldcorp Inc.
Under the terms of the transaction, which is structured as a Plan of Arrangement, Glamis’ common shareholders will exchange each Glamis share for 1.69 common shares of Goldcorp, representing a value of US$51.49 per share based upon the closing price of Goldcorp on August 30, 2006. This represents a premium of 32.7% to the closing price of Glamis’ shares on the TSX on August 30, 2006 and 34.8% to the 20 day volume weighted average trading price of Glamis’ shares on the TSX.
The new Goldcorp will have the following attributes:
*
Best production growth profile among major gold companies;
*
Proven and probable reserves of approximately 41.1 million gold ounces;
*
Resource base of approximately 14.0 million gold ounces of measured and indicated resources plus inferred resources of approximately 30.9 million gold ounces;
*
Lowest cost senior producer;
*
Focused operations and growth projects in the Americas with approximately 11,000 employees;
*
Strong balance sheet and robust cash flow to finance growth; and
*
All gold reserves and production unhedged.
Ian Telfer, President and Chief Executive Officer of Goldcorp, said “The combination of Goldcorp and Glamis will create a world class low-cost gold producer in the Americas with industry-leading growth from an exciting portfolio of development projects. We believe that this transaction represents an excellent value proposition to our shareholders.”
Kevin McArthur, President and Chief Executive Officer of Glamis, added “This transaction merges the talents of the two top performing gold mining companies over the past five years. We will leverage this talent to deliver on a very exciting mine-building and growth program for the company’s long-term future. This transaction provides tremendous value to Glamis shareholders.”
________________________________________________________
After reading this press release and knowing that NMC has claimed to have more PGM's on one single property called Skull Valley just doesn't make sense, does it.
It kind of makes you wonder why NMC, Inc., wasn't asked to become a partner in a deal like this. After all, NMC has stated that they have additional properties that make the Skull Valley property seem like vagabond alley.
11,000 employees, not 6!!! 11,000 workers!!!
Go to GoldCorp and see what a real company is doing in clear view of the public and not hiding behind the grey sheets.>>
Sunnyjax was right. However, his statement is contradicted by Rufus in all his releases and statements. Consensus among those who are rational thinkers is that the company claims are not valid. Pumpers may protest, but you can get an idea of what could be the real situation by reading posts by Dimension, serfdom, Vitamin DD and OurStreet, to name a few of the truthseekers on the board. Stocklemon and our-street.com have published exposees.
Surely you realize that post was tongue in cheek.
4 pm....
...yesterday.....
Hey toad, how's it hangin'?
Don't know what you're talking about re FRT.
I wonder who ever started the myth that Alba is a gal?
Sorry, della, I won't trade a scam stock. And this one is.
Here, DD V.ROK for starters.....I've got another 50 or so on my watch list, almost all CDN venture exchange, bona fide junior mining plays. not grey sheet garbage that did an end run around the SEC to start trading again, after the first incarnation was revoked for fraud.
The issue was discussed last year. I can find neither the discussion or the online news release. But the evidence was real. Sheppard and his company were hit with a cease and desist order.
Good. Then those guys can also have a good belly laugh. That PR has to be the most hilarious piece of work yet to come out of the mouth of your fearless leader.
That PR deserves to be framed.....or at least read daily by anyone in need of a good belly laugh. Hilarious- Rufus hotlinked to HSM, the grandest pumper board of them all.
Hehe, now he's claiming up to $43 book value....wonder why the street still pegs the value under a buck?
And, supposedly, the merger is now complete....yet he didn't say the stock is halted... and that it's gonna open at $15 or more....
Never seen a guy with such delusions of grandeur..
Disregard my last post, I was thinking i was on the WNCP board. That said, my previous post here still stands.
Will you still post after it....
...doesn't?
I think you'd better dig a little deeper into Sheppard's history, sitka. That goody good fella was involved with shady affinity scammers. Shame on him, taking advantage of naive Christians like that...
You guys are hilarious. This company is conning you. They have no marketable pgm's, that is almost a certainty. They might have a tiny bit of Au, maybe on the order of .05 per ton or less....probably much less.
Obviously you pumpers are just traders. you have no experience at evaluating a junior mining company.
Any day, now Cindy, and McWhortle investors will be getting that 200-1 payback!! Yeahhhh Whoo hoooo!!! $15-54 a share for CSHD is just a paltry 15-54x....Paltry....
Just did a quick skim of the old posts here, and found this blurb. Wonder why they have yet to report any sales? Hmmmmm. IMO, with 99.9% certainty, that post was a blatant lie by Nelson, if he actually stated those things. There are no marketable quantities of pgm's in the SW USA, much less at multiple ounces per ton rate, as the company has proclaimed elsewhere. There is only one way to prove what's in those tailings and that is with assays by a reputable lab like Chemex or ACT Labs.
<<Posted by: richinfolsom_inj
In reply to: None
Date:5/25/2005 2:31:42 PM
Post #of 540
Just got off the phone with Larry Nelson, Director of Acquisitions, who is on the road. He tells me that what has really got them excited about the mine which they recently purchased is that they have found at least as much platinum as gold in the tailings, and platinum is worth twice as much as gold. When I questioned him about the validity of their test results, he said their newest client sent their own chemists to repeat the tests just to make sure, with the same result, and now plan on installing three processing plants at their own expense. They are in the process of obtaining financing for the construction of these plants. They are getting calls daily from mine owners all over the country. One particular company has tailings many times richer than any we have tested thus far. The potential for this process is absolutely staggering.
>>
Wrong, buster. So far, there have been no law suits against NMCX. Plenty that were against HCCA or its principals. Note, I said as yet.....
Actually, rags, it's a grey sheet stock, which should have never been allowed to trade in the first place. It is nothing more than a reincarnated clone of the revoked HCCA.
Hi Fred, Followed you over from NMCX. Thanks for the compliment.
I just spent 5 minutes looking this company over. Problems that I see are:
No website
No financials.
Only 4 samples taken. It calls them core, but are they? The report doesn't look like any core sample report I've seen.
Just 4 samples from a large area isn't enough to say they have 3.6 mm oz of indicated.....I'm not even sure if that's enough work to claim inferred.
Little volume, illiquid
Doubt they have enough $ to do a proper drill program. No way they could raise the $ to build a mill/mine. JV?
If they can prove up the property, then they'd be an attractive target for a bigger co to JV with them.
I shy away from pinkies....far better opportunities on the Cdn exchanges for junior mining companies.
Dig into ROK.v.... gonna be a big winner..already is..lots of info on its website, reachable at stockhouse.com, which also has good boards.
Good one, lady. Now they're drinking spiked Kool-Aid?
Geesh, what reason do we have to not believe ole Rufus....?????
ummmmmm
Nah, good for those of you who are sitting with profits, be they paper or realized.
But this company is not what you think. And I hate to see mining scams perpetrated on the public. Puts a bad name on the industry.
Nope, just posting factual information. I should tos your fanny for name calling.....
....but you ain't worth it.
My old DD page is here. http://www.investorshub.com/boards/read_msg.asp?message_id=6159894
Some links don't work anymore. Lots of old info, but it is ALL pertinent and relevant. Nothing official has happened since then, except NMC going silent.
Potential investors need to know the whole story, and that is impossible to get at PP.
It's hard to make an informed decision if you only go by what is available at PP......and ignore rational thinking. Reality is that no ore body on earth is remotely as rich as NMC claims. The likelihood that there is $20,000 worth in that mined over dirt is more remote than the chance of an asteroid landing at Skull Valley and depositing all the riches.
If an audit ever does appear, don't count on it showing much value, that is, if you expect it to pass SEC scrutiny. They already delisted HCCA for fraudulent valuations..and not filing.
Immodium might help for da pains......
Because we can't short it?
I also like TCLL....and a couple stocks on the Cdn venture exchange...one is ROK but not for a short term play. Neither is TCLL. So, how about PTSC.
Reread the news. It doesn't say anything about when the 10-K is coming out.
99-1 odds there never is any reset. Regardless, who cares? The street will determine what the stock is worth. IMO, that is far far less than where it sits now.
CSHD=one big soap opera.
As usual, a very good post, serf. I applaud your tireless efforts at exposing the truth.
Prove it......actually, prove there has ever been such an animal as a paid basher.
Yep, you're right, of course!
"on any matters of accounting principals or practices"
Squirmed...and called names. You oughta TOS the fella.....
Actually, 10 out of 10 non reporting grey sheet mining stocks are scams......keep in mind that this one apparantly hasn't even gotten a market maker to sign off on 15c2-11, seeing as pinksheets .com won't even show any quotes.
There is NO possible way that this comapny can produce even 0.3 opt Au from tailings, much less 3 opt....It is a joke.
Interesting. None of O-S's allegations have been changed (read retracted) OR refuted by you. And he's added more. which you've ignored. Meanwhile, little that you've put out has come to pass, and nothing has been proven---like that $500mm in a bank somewhere...hmmmmmm. Great soap opera story though.....
Reread the news. It doesn't say the 10-K will be done Wed, just the merger. In fact, it can be presumed that the audit hasn't even started, if Hall's appointment was just announced today.
In the case of this stock, yes.
Actually I think most smart money has exited this stock, and the pumper, believer lemming longs like yourself are all listening to TUT and spending time at HSM, so aren't selling....and few have money left to buy any more. Thus the low volume and upward drift.
Of course, anything is possible.
"Is a halt and 10k about to pop up?"
About as likely as you finding a Honus Wagner rookie card...
rheddle, your comments make me think you know little of what it takes to have a profitable mining operation, though you are right in that processing is normally done on site. A surface mining operation can make money at ore grades as low as .02 opt. Of course that would be a large scale operation.
There is no tailings pile in existence anywhere on earth that is capable of yielding even close to these ridiculous values that the company is spouting.
Furthermore, they are putting out lame releases that show no proof of anything...As well, some of the old ones claimed they'd be in production last year. Yet, no word. Instead, they put out news about some different deal somewhere else. And usually in conjunction with some obscure company with no public info available.
For years, shady promoters and outfits like this have been claiming to be able to extract large amounts of pm's, using some new fangled technique. Think about it, if such technology really existed, the majors would have long ago utilized it.
This company is nothing but a big con. Note the share price, even the undeducated USA penny stock mining investor knows that.
Thanks, rasica. I've read that.
Problem I have, is that mgt said the pfd would "trade". yeah, sure. At .0008 divided by 10000? Hmmmmm. That's a lot of zeros.
First post on this board. Question. Does you or anyone think the preferred will ever be tradeable? I don't see how, with the number that can be issued, which would give an implied value way to low to ever be warranted any bid or ask above zero. So, what's the point in issueing them? As an anti takeover poison pill? Maybe they could later reverse split them?