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Easier to stick with dog breeds.
Word Cup Brazil 2014 teams combined with their national dog.
http://blog.foxsoccer.com/post/88023096932/attention-dogs-in-world-cup-jerseys?cmpid=tsmfb:fscom:foxsoccer
Thanks. I will print it tomorrow.
Can you all post a good printable bracket for the games?
Thanks and go Uruguay, England and USA.
Messi, Neymar and Aguero star in Shakira's new World Cup music video
http://sports.yahoo.com/blogs/soccer-dirty-tackle/messi--neymar-and-aguero-star-in-shakira-s-new-world-cup-music-video-145612036.html
NEWL- what an amazing play/squeeze.
I will wait for the next leg up...................
Do you think its too risky to get into NEWL now/tomorrow?
Is the party over?
What's going on today? Nice volume spike.
And it is a flipathon down here at these levels.
Glad I didn't get in.
On April 14, 2014, Rimrock Gold Corp. (the “Company”) entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with Redwood Fund LP, a Delaware limited partnership (the “Purchaser”) for an aggregate principal amount of $100,000 (the “Purchase Price”). Pursuant to the Securities Purchase Agreement, the Company issued the following to the Purchaser: (i) a Convertible Promissory Note (the “First Note”); and (ii) a five-year warrant (the “ First Warrant”) to purchase an aggregate of 100,000 shares of the Company’s common stock, par value $0.001 per share, (the “Original Warrant Shares”) for an exercise price of $0.10 per share. The Purchaser shall also have the right to purchase from the Company, at the Purchaser’s discretion, within 30 days of the original purchase: (i) a second Convertible Note (the “Second Note” and, together with the First Note, the “Notes) within of the Note, in the original principal amount of $150,000; and (ii) a second warrant (the “Second Warrant” and, together with the First Warrant, the “Warrants”) to purchase up to 150,000 shares of the Company’s Common Stock (together with the Original Warrant Shares, the “Warrant Shares”).
The terms of the Note and the Warrant are as follows:
Convertible Promissory Notes
The Notes earn an interest rate per day equal to 12% and a maturity date of six months from the original issuance date. The Notes are convertible any time after 120 days after issuance, and the Purchaser has the right to convert the Note into shares of the Company’s common stock at a conversion price of $0.075 per share (the “Note Conversion Price”). The Note Conversion Price is subject to adjustment in the case of stock splits, stock dividends, combinations of shares and similar recapitalization transactions and any issuances of securities below the Note Conversion Price.
The Company has the option to prepay all or any portion of the purchase price; however, the prepayment amount must be 110% of the principal amount to be prepaid together with all accrued but unpaid interest. In addition, the Company shall issue a Warrant at an exercise price of $0.10 per share for up to the prepayment amount.
In the event the Notes are not repaid on the Maturity Date, the interest rate on the Note shall be the lesser of 20% per annum or the maximum rate permissible by law.
Warrant
The Warrants are exercisable in whole or in part, at an initial exercise price per share of $0.10 (subject to adjustment) (the “Exercise Price”), and may be exercised on a cashless basis. The exercise price and number of shares of the Company’s common stock issuable under the Warrants are subject to adjustments for stock dividends, splits, combinations, subsequent rights offerings, pro rata distributions and similar events. Additionally, at any time that the Company issues any common stock at a price less than the Exercise Price, the Exercise Price shall then be reduced on a weighted average calculation. Any adjustment to the Exercise Price shall similarly cause the number of warrant shares to be adjusted proportionately so that the total value of the Warrants shall remain the same.
If, pursuant to the First Note, the Company has not paid in full the principal amount plus all accrued and unpaid interest thereon prior to 120 days following the closing date of the Second Note and Second Warrant, the First Warrant shall be deemed automatically amended to provide that the number of Original Warrant Shares shall increase from 100,000 to 200,000. All other terms of the First Warrant shall remain the same.
http://ih.advfn.com/p.php?pid=nmona&article=61904115&symbol=RMRK
Thanks for the invite and marked your board.
Orion's has also recommended money making stocks too..............if you sold you made money....if you hold on for too long and get too greedy you get burned.
The uncle stories are funny to a 15 year old. Which could very well be his age. Go Banro......
$949.20 in volume today.
Go SRSR.........................
This reminds me of that Elton John song about Marilyn Monroe (candle in the wind)right now...PAL is red candles in the wind...to many PAL is to be used and abused....but its the real deal....
...the momo traders are having a field day too with PAL....time to load up at these levels.....as this thing will start climbing back.....PAL is at the mercy of this "necessary evil" type of toxic financing and the ensuing manipulation...its a shame cause its a much needed source of palladium in the non-Soviet world........
PAL- The blood bath should be ending soon....April 10th....
PAL- North American Palladium Provides Update on Second Tranche Offering
All figures are in Canadian dollars except where noted.
TORONTO, ONTARIO--(Marketwired - Apr 8, 2014) - North American Palladium Ltd. ("NAP" or the "Company") (TSX:PDL) (NYSEMKT:PAL) is pleased to provide an update on the proposed second tranche of its previously announced public offering (the "Offering") of 7.5% convertible unsecured subordinated debentures, including an amendment to the terms and expected closing schedule.
The Company has amended the terms of its previously announced proposed Offering. The amendments include, among other things, a change in the formula used to calculate the conversion price to a 3-day volume weighted average price ("VWAP") of the Common Shares on the Toronto Stock Exchange. The conversion price of the second tranche debentures will be C$0.4629 per share and the exercise price of the second tranche warrants will be C$0.5786 per share (both of which are subject to adjustment under certain circumstances); and acceleration of the anticipated closing date to on or around April 10, 2014.
The net proceeds from the Offering are expected to be used for expenditures at the Company's Lac des Iles mine, exploration, mining equipment and for other general corporate purposes.
The Company has filed a final base shelf prospectus, a final prospectus supplement and an amended term sheet with the securities regulatory authorities dated April 8, 2014 with a syndicate led by Edgecrest Capital Corporation and with Canaccord Genuity Corp. in Canada and a registration statement (including a base prospectus) and a final prospectus supplement with the U.S. Securities and Exchange Commission ("SEC") for the Offering. The Offering in Canada will be made only by the base shelf prospectus and the final prospectus supplement.
North American Palladium Provides Update on Second Tranche Offering
All figures are in Canadian dollars except where noted.
TORONTO, ONTARIO--(Marketwired - Apr 8, 2014) - North American Palladium Ltd. ("NAP" or the "Company") (TSX:PDL) (NYSEMKT:PAL) is pleased to provide an update on the proposed second tranche of its previously announced public offering (the "Offering") of 7.5% convertible unsecured subordinated debentures, including an amendment to the terms and expected closing schedule.
The Company has amended the terms of its previously announced proposed Offering. The amendments include, among other things, a change in the formula used to calculate the conversion price to a 3-day volume weighted average price ("VWAP") of the Common Shares on the Toronto Stock Exchange. The conversion price of the second tranche debentures will be C$0.4629 per share and the exercise price of the second tranche warrants will be C$0.5786 per share (both of which are subject to adjustment under certain circumstances); and acceleration of the anticipated closing date to on or around April 10, 2014.
The net proceeds from the Offering are expected to be used for expenditures at the Company's Lac des Iles mine, exploration, mining equipment and for other general corporate purposes.
The Company has filed a final base shelf prospectus, a final prospectus supplement and an amended term sheet with the securities regulatory authorities dated April 8, 2014 with a syndicate led by Edgecrest Capital Corporation and with Canaccord Genuity Corp. in Canada and a registration statement (including a base prospectus) and a final prospectus supplement with the U.S. Securities and Exchange Commission ("SEC") for the Offering. The Offering in Canada will be made only by the base shelf prospectus and the final prospectus supplement.
PAL- the articles on Seeking Alpha are all the map regarding PAL.
Seeking Alpha also faces another problem but one with no easy solution. It asks that all its writers list whether they are long or short the stocks they are writing about. But there is no way to enforce honest answers. Hoffmann admits that his writers are simply on the honor system. Thus, one has to wonder whether the anonymous writer of a tough article on a company has a short position on the stock, even if he or she says he's not invested.
You have a total of three posts under your alias and all on the subject of Banro.
I take it that you have a "serious" interest in Banro?
Amen brother.....Keep your eyes on the prize folks. The Q1 Report is crucial here. The higher the price of gold is, the better it is for BAA. Don't be fooled by all the short term pps manipulation.
Banro is moving folks!!! Q1 production numbers will be very interesting next week. If Banro can pay just 80% of their bills using their gold we'll be well over a dollar by April 15th!
Gold is building a floor above $1,300! Rock on!
In your opinion, what was the cause for the drop in the pps?
I've held my shares and may consider adding here, along with Gramercy. What does Gramercy know that we don't?
HUSA- PAL- BAA- VGZ -Mama told me there would be days like this......Get too greedy and you can get burnt!
BAA- Looking good!
TEXT SIZE 2014-03-28
Toronto-based Banro Corp. (TSX: BAA; NYSE: BAA) has published an initial reserve estimate for its Namoya gold mine in the Democratic Republic of the Congo, pushing up company-wide reserves by 53% to 2.36 million oz. Namoya, which is the junior’s second gold mine, now hosts reserves of 23.7 million tonnes grading 1.75 grams gold per tonne for 1.34 million oz. gold. Banro says it successfully converted 73% of Namoya’s 1.83 million oz. gold in measured and indicated into reserves. BMO analyst Andrew Breichmanas describes the results as “positive,” noting the reserves of 1.34 million oz. were above his estimate of 920,000 oz., although unit costs are slightly higher than predicted. To calculate the reserves, Banro assumed unit costs of US$3.85 per tonne for mining, US$11.38 per tonne for processing, and US$5.89 per tonne for general and administration. It used a cut-off grade of 0.45-gram gold per tonne and a gold price of US$1,200 per oz. With the addition of Namoya, the junior has bolstered its gold count, despite reserves dropping 33% to 1.03 million oz. at its nearby Twangiza gold mine. That decrease resulted mainly from Twangiza lowering its gold price assumption to calculate reserves to US$1,200 per oz. from US$1,500 per oz. On a positive note, Twangiza’s reserve grade has improved to 2.34 grams gold per tonne from 1.87 grams gold in 2013. “The higher grade indicates that current production rates are more sustainable than previously thought,” Breichmanas notes. Twangiza saw its production sequentially grow in each quarter last year. It produced 22,858 oz. gold in the fourth quarter, roughly 10% higher than the third quarter, as it continued an expansion to boost future throughout to up to 1.7 million tonnes a year. For the full-year, Twangiza delivered 82,591 oz., slightly below its annual guidance. Namoya wasn’t able to contribute much to last year’s production, as it poured its first gold, amounting to 320 oz., on Dec. 30. Commissioning efforts are currently underway, with commercial production slated to start before June. Namoya sits in the Twangiza-Namoya gold belt roughly 200 km south of the Twangiza gold mine. Banro is set to release its 2013 financials on March 31. The company closed the day flat at 56¢, down 23% since the start of the year. Breichmanas has a 75¢ target price and an underperform rating on the stock. - See more at: www.northernminer.com/news/banros-gold-reserves-jump-53-due-to-namoya/1002985633/#sthash.smNeoIqW.dpuf
Banro's gold reserves jump 53% due to Namoya
TEXT SIZE 2014-03-28
Toronto-based Banro Corp. (TSX: BAA; NYSE: BAA) has published an initial reserve estimate for its Namoya gold mine in the Democratic Republic of the Congo, pushing up company-wide reserves by 53% to 2.36 million oz. Namoya, which is the junior’s second gold mine, now hosts reserves of 23.7 million tonnes grading 1.75 grams gold per tonne for 1.34 million oz. gold. Banro says it successfully converted 73% of Namoya’s 1.83 million oz. gold in measured and indicated into reserves. BMO analyst Andrew Breichmanas describes the results as “positive,” noting the reserves of 1.34 million oz. were above his estimate of 920,000 oz., although unit costs are slightly higher than predicted. To calculate the reserves, Banro assumed unit costs of US$3.85 per tonne for mining, US$11.38 per tonne for processing, and US$5.89 per tonne for general and administration. It used a cut-off grade of 0.45-gram gold per tonne and a gold price of US$1,200 per oz. With the addition of Namoya, the junior has bolstered its gold count, despite reserves dropping 33% to 1.03 million oz. at its nearby Twangiza gold mine. That decrease resulted mainly from Twangiza lowering its gold price assumption to calculate reserves to US$1,200 per oz. from US$1,500 per oz. On a positive note, Twangiza’s reserve grade has improved to 2.34 grams gold per tonne from 1.87 grams gold in 2013. “The higher grade indicates that current production rates are more sustainable than previously thought,” Breichmanas notes. Twangiza saw its production sequentially grow in each quarter last year. It produced 22,858 oz. gold in the fourth quarter, roughly 10% higher than the third quarter, as it continued an expansion to boost future throughout to up to 1.7 million tonnes a year. For the full-year, Twangiza delivered 82,591 oz., slightly below its annual guidance. Namoya wasn’t able to contribute much to last year’s production, as it poured its first gold, amounting to 320 oz., on Dec. 30. Commissioning efforts are currently underway, with commercial production slated to start before June. Namoya sits in the Twangiza-Namoya gold belt roughly 200 km south of the Twangiza gold mine. Banro is set to release its 2013 financials on March 31. The company closed the day flat at 56¢, down 23% since the start of the year. Breichmanas has a 75¢ target price and an underperform rating on the stock. - See more at: www.northernminer.com/news/banros-gold-reserves-jump-53-due-to-namoya/1002985633/#sthash.smNeoIqW.dpuf
http://www.northernminer.com/issuesV2/VerifyLogin.aspx
BAA- Article from the Northern Miner.....
Banro's gold reserves jump 53% due to Namoya
TEXT SIZE 2014-03-28
Toronto-based Banro Corp. (TSX: BAA; NYSE: BAA) has published an initial reserve estimate for its Namoya gold mine in the Democratic Republic of the Congo, pushing up company-wide reserves by 53% to 2.36 million oz. Namoya, which is the junior’s second gold mine, now hosts reserves of 23.7 million tonnes grading 1.75 grams gold per tonne for 1.34 million oz. gold. Banro says it successfully converted 73% of Namoya’s 1.83 million oz. gold in measured and indicated into reserves. BMO analyst Andrew Breichmanas describes the results as “positive,” noting the reserves of 1.34 million oz. were above his estimate of 920,000 oz., although unit costs are slightly higher than predicted. To calculate the reserves, Banro assumed unit costs of US$3.85 per tonne for mining, US$11.38 per tonne for processing, and US$5.89 per tonne for general and administration. It used a cut-off grade of 0.45-gram gold per tonne and a gold price of US$1,200 per oz. With the addition of Namoya, the junior has bolstered its gold count, despite reserves dropping 33% to 1.03 million oz. at its nearby Twangiza gold mine. That decrease resulted mainly from Twangiza lowering its gold price assumption to calculate reserves to US$1,200 per oz. from US$1,500 per oz. On a positive note, Twangiza’s reserve grade has improved to 2.34 grams gold per tonne from 1.87 grams gold in 2013. “The higher grade indicates that current production rates are more sustainable than previously thought,” Breichmanas notes. Twangiza saw its production sequentially grow in each quarter last year. It produced 22,858 oz. gold in the fourth quarter, roughly 10% higher than the third quarter, as it continued an expansion to boost future throughout to up to 1.7 million tonnes a year. For the full-year, Twangiza delivered 82,591 oz., slightly below its annual guidance. Namoya wasn’t able to contribute much to last year’s production, as it poured its first gold, amounting to 320 oz., on Dec. 30. Commissioning efforts are currently underway, with commercial production slated to start before June. Namoya sits in the Twangiza-Namoya gold belt roughly 200 km south of the Twangiza gold mine. Banro is set to release its 2013 financials on March 31. The company closed the day flat at 56¢, down 23% since the start of the year. Breichmanas has a 75¢ target price and an underperform rating on the stock. - See more at:
www.northernminer.com/news/banros-gold-reserves-jump-53-due-to-namoya/1002985633/#sthash.smNeoIqW.dpuf
Let's see what Monday brings.
I'm not panicking. I think they intended to release financials yesterday and it didn't happen, simple as that. From my research Banro has followed through very well on its boasts. In 2011 they said a little over 200,000 ounces of gold in 2014. In 2011 they didn't even have a mine in production! We find out April 10th if they have a chance to make good on that and if they do I will be a very happy camper!
PAL- Guess the company doesn't care about the pps right before a shareholder meeting. Wonder what monday will bring.
T
he PPS gained 50% in 3 days but the second it pulls back it's dilution. I would say it looks more like profit taking and normal trading but it appears that someone is taking this dilution thing personal. Let's look at this objectively, a gain of 50% on 44 million shares vs. a pullback of 11% on 13 million. Please explain to me how you arrived at the conclusion this was dilution when the PALL chart draws a very similar trading profile. But you could be right as it would make perfect sense to drive the PPS down as far as possible right before you ask your shareholders to vote on additional dilution.
Come on PAL..............any more info from the shareholder meeting?
PAL- Palladium going up......come on PAL...........
http://www.kitco.com/charts/livepalladium.html
Palladium going up.....come on PAL.......
http://www.kitco.com/charts/livepalladium.html
Sounds like trouble to me............have brunch at the Bellagio in their atrium...
Pollution dilution is not under control, as an ongoing concern.
HTM- may go above a dolla in the future....but it needs to regroup and go higher at the next large volume spike.
You are correct I feel no matter what you can not lose if you take a profit. Everyday is a learning experience. However I did fee there was no doubt this stock would go above 1 dollar. Question is what kind of support and for how long. Thanks for the post.
PAL- ......heading into the shareholder meeting this Friday...where they want shareholders to approve more dilution. With the pps where it is...why approve more dilution?
Good luck tomorrow.
Hi Supermegadope,
How is SRSR doing these days?
Has Scott managed to attract any institutional investors to help mine the gazzillion dolla niobium property of his?
OK, that is funny.
But you could be right as it would make perfect sense to drive the PPS down as far as possible right before you ask your shareholders to vote on additional dilution.
PAL- 12 mill in volume and pps decreases.
Diluting again into the shareholder meeting this Friday where they will vote on whether to accept additional financing.
Can go up if palladium prices go up.
Yihhaaa... Looking good today .
Another great pick from the ORions group .