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The people selling with a vengence are the folks who got a deal on the Private Placement @ 15 cents, 2 1/2 years ago.
Unfortunately, Rich didn't get his paperwork up to date in the required 1 year period for the PP, so the investors couldn't sell when the stock made them money. Funny, huh ?
I wonder how that happened, that Rich didn't get the paperwork done ?
The investors that thought they got a deal, just want their money back with a small loss at 14 cents. Any questions ?
But, the real problem is the rise in the price of gas for Rich driving around Don Ramon on his Bobcat looking for lost veins of Zinc and Gold that were there 2 years ago.
Who here knows for a fact, Rich knows how to run a business ?
Anyone ? Anyone ? Mortgageman ?
wunsch:
Privately Email me with a blog and I'll be happy to meet you there.
Email Gene Simmons to join us there, too.
I get too PO'd reading the recent garbage you and Gene wrote but when I respond, it wrongly clogs up this board; but I won't let it stand either.
Other than that, I agree with your criticisms of how Tara is being run.
Hasta.
Take your opinions to a blog & STFU about religion and Yurpeon nihilistic secularism.
It doesn't belong here.
Oh great.
A bankrupt guy, from a socialist slacker state, might get some info on Tara, (where the CEO doesn't feel obligated to publish fiduciary information to his shareholders) and post it if the bankrupt guy thinks it's worth posting.
Super.
What do you get for going BK in a socialist state ? A new car, a new house, a 'state-controlled propaganda paper' delivery route, and a 'do-over' credit rating ?
Great.
I'll be looking forward to your insights and investment recommendations. Thanks so much.
Bobwins:
Is IH Admin Canadian ? It's only for my personal understanding.
Thanks for deleteing Msg #4966. I'm surprised you think I'm name calling, when #4966 glaringly invited it; it was clearly baiting Americans and/or Christians. And you indulged him in an earlier post.
"inflammed rhetoric just like yours." I didn't start it and I slightly resent you singling me out. If you review message #4966, you should realize you owe me a slight apology.
I'll treat messages like #4966 in the same way going forward.
One of the messages that got deleted was when I stated I have 6 figures of TRGD, 5 figures of TARM, and 5 figures of PZG.
I haven't stated anything of fault about Tara that you haven't; I've just been more animated.
BTW: My opinion of Gene Simmons hasn't changed.
Good luck.
I demand Msg 4966 be deleted.
My Grandfather and Father fought in 2 World Wars to keep jerks like Gene Simmons from having to learn German.
You delete my replies but allow his idiocy ?
Where are Msgs 4970-72 ? Why is 4966 still up ?
Gene Simmons is an idiot.
Sed quis custodiet ipsos custodes?
Bobwins ?
"that said, what keeps you here? Not picking on you, because critical analysis can be productive, but have you ever called Rich and discussed your concerns with him? I ask this sincerely, because I've also placed a signif chunk of my $ on TARA."
Yes I have. Rich doesn't know he's a bad manager. His missed claims and his missed schedules speak for themselves. Whip cracking won't help; he doesn't know what the fuss is all about. That's what's wrong. He doesn't know.
"I see an irony here that our delays may just land us in + $1,000 gold when we finally get to producing."
Yes, that could happen, and because Rich is such a bad manager, he wouldn't know or care what square he landed on in that PM value.
Rich is impecably honest, but he's also lost in space.
I'm convinced he believes in himself and that's all that matters to Rich, and to Drew. In that case, I'm rooting for some paperwork agency to separate Caeser from Christ.
All the best.
Say your prayers, John Shiester.
Mortgageman is all about hope. Right, Mortgageman ?
Hope for Rich; hope for his beliefs, his energy, his predictions; hope for the PM and base metal veins his jeep and D9 proclaimed discoveries have exposed to chump investors.
Hope that Rich isn't a savant hustler who just can't do paperwork on time...
Hope that you aren't a chump...
Thanks for the update.
Very enlightening.
Really ? What was 'the problem' ? Why did it exist in the first place ?
I've heard the financials will be up to date in the next 2 weeks. Do you believe that ? It's on the TRGD corporate rubber stamp.
How much do you think it costs TM to keep the lights on and meet payrole while Rich dithers on his bobcat ?
Has anybody here ever run a business with real fixed expenses and employee salaries ? Mortgageman ?
I have.
This is nuts. Rich needs a COO/manager ASAP. He belongs in an Executive casa, making deals and playing HEARTS on his PC.
MM:
When you said:
"I am sure Gene had other bills then TRGD", did you mean 'than TRGD' ?
Are you sure you represent a bunch of hotshot investors you brought into TRGD ?
Are you sre you know how to write a mortgage ?
I'd just like to keep you phonies where you belong, hotshot. You're not an investor, you're a gambler.
So are your investors.
Warren has 2 million shares of Tara. What do you expect him to say ?
If you or anybody else, have over a million shares (or close), then you might apply for the IR position. You could then read from the following script:
1)There is a huge short position; if you sell now, that's what they want you to do.
2)Nobody wants the financials up to date more than Rich and me.
3)Schedules are artificial; we don't consider them important.
4)We are not worried about the share price.
Very good then.
Lets hope that employing people, paying expenses and overhead from income, and meeting deadlines, will be doable for Rich, and not just a daily schedule annoyance that can be ignored.
Sorry about the cynicism.
For now.
It's one thing to create a company like Tara Gold or Tara Minerals, based on a good business model. Rich has done that.
But, Rich can't meet paperwork requirements, he can't meet the schedules he has published, now he has a bunch of people working for him at Don Ramon ? And a payroll ?
Folks, Tara is Rich's hobby. He can't run a business IMHO.
Comments please.
Yes. And paperwork is way too hard to get done.
Financials are a bother; accounting is an unnecessary burdon.
I'm too busy; leave me alone. I'm Rich Biscan, CEO, Tara Gold.
This is my hobby. Get on board if you want to get rich.
We're doing it my way.
Any questions ? Call my IR. He has 2 million shares. That's how he got the job.
Tomorrow is going to be ugly for Tara.
"... but I still can't understand the gross neglect regarding financials."
Maybe JV partners can't understand it either. Why would they ?
TARM traded 16K up to $ .60...
PZG is on a roll...
Everybody picks on folks who ask tough questions about Tara; usually they deflect those questions into some other universe, or ignore them.
So what do you know, Sam ? Or are you speculating ?
Tell us your speculation.
I'm sure he had to say this:
"Although Tara Minerals believes that each of these properties has deposits of silver, copper, lead or zinc, the properties are in the exploratory state, do not have any known reserves, and may never produce any of these metals in commercial quantities."
But with his rumored and published schedules, his inability to promote his properties (here or in Frankfurt), Rich reminds me of the question, "Which one of the 3 Stooges was the smartest?"
He needs to hire a CEO; he can't manage himself or his companies. This will continue into the future and will ultimately be reflected in the stock price forevermore.
JMO.
'Your group' should buy Rich a calendar, if they can afford to be down a 'cool million'. A really nice one. Maybe one that talks and reminds the user of dates.
I don't really want to hear from you either, hotshot.
I have a problem with CEOs who can't come close to their stated goals. And have no explanations or apologies afterward.
Don't give me investment advice and I won't embarrass you. OK ?
Have a nice day.
yada yada yada...
You forgot financials will be ready.
Rich has lost credibility. You're just a cheerleader and your buddy went BK cheerleading next to you.
I am convinced, by Tara promises made, that Rich does not have a calender.
I'm suggesting all investers in TRGD and TARM should send him one. If he does have a calendar, it's obviously a meaningless tool; but at least we could remove that as an excuse.
As soon as Tara has positive cashflow, shareholders should demand a new CEO who knows how to use a calendar and can release proper expectations to shareholders.
This is nuts.
Make sure you Email the CEO and the IR what you posted here; your's is a common shareholder belief and, BTW: financials are not finished.
Walter Huston would have known better.
I'm not sure it will matter, but they need to hear it.
Good luck.
wunsch isn't the problem here. wunsch's questions are.
Capiche ?
Good job sorting through Mudpuppy, the poster.
I'm tired of hearing about 'shorts' and 'bashers'. This is a 27 cent stock no self respecting short or basher would have anything to do with. Mudpuppy is shameless: he is annoying and pretty much always wrong.
BTW: I was the last 4K trade at 27.5 cents today. I was a buyer; from some short, no doubt.
Turn your decoder ring to mudpuppy 'Tango Sierra' and standby for instructions.
Motown is a no go on operation mudpuppy 'Bravo Foxtrot Delta'. Motown is 'Uniform Charlie' for now.
I'm the only top level paid basher here. Wunsch works for me.
Motown was let go last week after the financials came out. He's on his own.
Oh, pllleeeaasssseeee....
Right. Almost 400K short sellers jumped on a 34 cent stock to send it down 4 cents. Now that's a strategy I can believe in.
Get a grip, mudpuppy. You don't have a clue what you're talking about. Around all your corners is a short; all of them hoping to make 4 cents to the downside on Tara after PZG releases more drilling results ?
Tara is a slacker; no more, no less.
400K shareholderss traded out of Tara today. They weren't shorts.
Get a grip.
It's pathetic.
Restricted '144' type Shares may be hitting the market. 2 years after they were issued (Feb, Mar 2006), they can be sold without the financials being done. If the financials had been up to date this time last year, they could have been sold then.
Was that a tactic ? You decide.
You'd better hope we don't see $ 1,500 Gold anytime soon. If you have bullion of any metal, don't sell it. If you do see $1,500 Gold soon, you won't want to sell it.
Buy lead.
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/17/ccview117.xml
I have seen a large short position, near this price, in an oil exploring stock with no assets. Those shorts were actually betting against the CEO, and they were ultimately right. The company ran out of money and the stock went to zero.
If you are right, then there is a huge position betting on covering and taking profits from Tara as the price goes lower than 30 cents. And Tara has value in PZG greater than it's trading price.
What are the shorts betting on ?
Why in the world do you think there are that many shorts ?
No way. With Tara's holdings in PZG, anybody still short would be suicidal.
Shorts are boogeymen for bad stock performance.
Pathetic.
Yeah. Let's drop this silly discussion about financials. Who needs financials ? can't we all just get along ?
Are you serious, Gene ? You don't care ?
Being a prolific, annoying poster doesn't automatically make your posts carry weight. You're a cheerleader with nothing to say, Gene.