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Just curious if anyone know's or has actually seen the product. It would be nice to know what the consumers think.
GLTA
Hi Monica,
I assume by you screen name that you are female. Also, I know you have been deeply disappointed(As we all are) with the stock performance over the last few days. With that said, being female(Assumption), I was wondering if you or any other females have actually bought anything in the Bravada line. I ask this because it would be nice to know what actual consumers think of the product?
TIA
TAKI,
First I want to let you know that I am long here, right now I don't have a choice. Everybody can read, but they are questioning the truth. My concern, If there is quarter over quarter growth exceeding expectation, then why the dilution, no matter how small it was? Just a concerned investor hoping this thing turns around.
GLTU
I'm guessing the Red V.
I hear what you are saying Ivwes. Unfortunately, I was not hear long enough to be able to get into the buys at sub penny land. Right now, I'm sitting at a 40% loss, so I'm kind of stuck here to see what happens when the dust settles. I guess the silver lining for me from your post, if you've lived though the sell offs before, then you were here for the run ups too. So sooner or later, I'm hoping for a run up again. It just going to take me a lot longer to see green again I assume.
GLTU
Is that what DA pretty much said about ducks following other ducks over the cliff(Don't remember the exact words) in his tweet?
This is why I'm telling investors to put Good to Cancel orders in way above the ask. Let the MM know what it's going to take to move shares. It's not going to hurt any to do this. If the longs truly hold most of the OS it can only help.
IMHO
Well, at least your one investor to do this. Come on longs, put sell orders in with high limit prices. No, they will not go through, but at least we can let the market know what we think fair value is!
I think all longs here should put good till canceled sell orders in with $1.00 limit to set the market. Yes, maybe it will not work, but it doesn't hurt. Plus it would be fun to see your order amount and how much you would make minus commission. Might as well have some fun while we are waiting.
IMHO
Bump this up too.
This was going to be my response and is true. Hopefully he has learned hid lesson. Going to paid promoters is never a good thing!
Bump this up. Well said and I agree.
Once again, very well said!!! Hope you are reading this board Danny and take icatrade advice on promoters!!!!!
Very well said icatrade. The only thing I didn't like about this whole ordeal(Besides the price drop), was the pr about pr about pr coming. Personally, I would rather Bravada just do a PR period. If there is some earth shattering news about Bravada, just simply PR it. I'm long here now until this thing recovers, but if I ever see a PR about a PR about a PR again. I will be very weary with an itchy trigger finger. More than likely I see you on the board more often now too.
GLTA Longs!!!!!
IMHO, I think most investors were looking for private financing or WWE settlement dollars to boost this company off the launching pad. Didn't happen, thus the huge sell off. Also, a contract with a large retailer would have been huge, not a forward looking statement saying they are looking for one. The only thing that did happen investors were looking for was the private labeling. Unfortunately, as good news as this is, it wasn't enough to overcome one of the other two events investors were looking for. All my own opinion of course.
Everybody is complaining about the PR as forward looking. The way it read to me, the private label is not a forward looking statement. They have completed the private label. Even though longs believe this is a mile stone for BRAV the pps still tanked. With that being said, I believe most who invested here expected some powerful financial stimulus into BRAV. Be it private investors or WWE settlement. Neither of those things happened, so the stock tanked. I do agree, the opening of stores and growth are forward looking. Who knows if those will ever come to past. I for one will wait to see what heights DA will take this private label to? Just seems like it will take a longer to find out? As one other long has said, I'm pot committed now and have no other choice anyway.
IMHO
If a field report is released, I would like to at a very minimum hear about how many tons of ancient gravel has been processed. Leave the ounces of gold and number of diamond carats for a PR. If they are still talking about removing overburden at this point, well then, that news will not be good!
IMHO
You know what... I did make a mistake. There was a basher here months ago talking about a 10 year old article about blood diamonds and tying that to SGCP. I don't remember who it was and can not find the post. I thought it was Foxy Lady, it wasn't. My apologies to you Foxy Lady. Sorry I went off half cracked. :(
No, but I have followed this board long enough that I know the investors that want to see this stock succeed but are negative because of past short comings of SGCP. They may criticize the company, but in the end want to see it succeed. You can tell that they are invested or at least were invested in SGCP. I will not name the names, but we all know who they are, I can at least take their opinions into account. As far as the always positives, they too have are invested in SGCP so I'll take their opinions into account too. I don't like the pumpers that come on this board with the "to the moon" crap either. So yes, those types I have criticized in the past too.
My final point, and maybe I'm wrong about who I come down hard on, but I don't like to hear crap from people that have no vested stake in the company.
Well for once you backed up your continual negative sentiment with an actual current article. To bad SGCP has a good relationship with and look after the locals unlike other miners in Africa. I find it funny how the only thing you ever say about SGCP is negative like you have a secret agenda which makes your credibility worthless.
I just noticed, BRAV is on the cloud, upper right corner! Let's get it in the center with BIGGER letters.
My read on it was it was a buyout with a reverse split. The payout was essentially 10 times the amount they invested. Simply put, like going from .01 to .10. That's what I want to see out of BRAV without a buyout. With the SS of BRAV, I see no reason why we can't get there and more over time!!!!! I believe we are sitting on something very special here if all the information is accurate.
GLTA
Never mind, I found it. Go BRAV, let see the same thing happen two days in a row!!!!
Any worry of dilution causing the price drop is laughable on this volume. From what I've seen, price drop due to dilution, volume is usually in the 10's of millions, usually approaching the 100 million or mote mark in volume. My GUESS, the price drop is due to the "take your profits and sell before NEWS motto". You can't blame anyone for taking profits. If I were in this when a lot of you were when it was in the 1/2 cent range or below, I would be taking profits too. However, because I got in to this late, I'm banking on the news to shoot this stock up further. It seems this stock has to much going for it to loose on?
IMHO
I'm actually surprised that this stock has been sub penny for so long. It's backed by some high profile personalities and the share structure is solid for a sub penny stock. Usually I'm dealing with stock with A/S in the billion(s). I guess the only question is the revenue. If the pr is true, I don't see that being a problem in the near future either.
Go BRAV
Just bought in yesterday, doubled my shares today, already in the green by 10%! :) :) :)
GO BRAV
I just bought in today at .012. Should have known there would be consolidation after a three day run. Can't blame people for taking profit, that's just common sense investing. With that said, I think the pps held pretty well with investors taking profits.
GLTA
Thanks, after I submitted the question I actually saw the link to the share structure. Thanks for your help though.
Anybody know what the Outstanding share and Authorized share is on this baby?
When was the ore in the mountain last mined? Are we talking last time it was mined was with hand tools and not modern day equipment?
TIA
Per October Field report:
A) Four dredges at 25 TPH = 100 Tons per hour
B) 100 TPH x 6 hours per day = 600 Tons per day
C) 600 Tons per day x 180 days = 108,000 tons
D) 108,000 tons @ 1 gram of gold per ton = 108,000 grams
E) 108,000 tons @ .25 carat of diamonds per ton = 27,000 carats in diamonds
Now if you take 1 dredge pulling 7 times more than this analysis here is what you get.
A) 1 dredge at 25 TPH = 25 Tons per hour
B) 25 TPH x 6 hours per day = 150 Tons per day
C) 150 Tons per day x 180 days = 27,000 tons
D) 27,000 tons @ 7(New Estimate) gram of gold per ton = 189,000 grams
E) 27,000 tons @ 1.75 carat of diamonds per ton = 47,250 carats in diamonds
If these new estimates are right, they far out way the old estimates with 4 dredges running! My personal opinion on this, they will not know for sure until they hit the ancient gravel if these estimates are correct. So the question is? How long will that take? If these estimates are correct when they hit the ancient gravel with one dredge, and if I'm interpreting what the 7-10 times as being from the latest field report, I could really care less about the other dredges running! ...Well not really :)
My concern is how much more overburden is there before they hit ancient gravel? I do not see a PR coming until that happens.
All my own opinion.
BTW, Charlie, is that a picture of you or your daughter(s)?
IMHO, a lot of investors are worked up that essentially they only have one dredge in operation when everybody expected four by this time. I wasn't looking for production numbers at this point in a FR. I was looking for all dredges are placed and running. However, with that said, the test results where the current dredge is working is expected to be 7-10 times the test results in the earlier field report. So simple math, that is like saying we essentially have 1 dredge working that can pull the results of 7-10 dredges based on earlier numbers. Does this make sense? Is this not good news? To me it's like we just purchased 7-10 dredges, all are in operation, out of one dredge. The others are just icing on the cake at this point.
Ty spuds, I'll take your view point into consideration to do some DD
Hey spuds, thought I'd come over and check this play out. The charts look good, unfortunately charts are not the best thing to use in penny land. Raising the AS from 2B to 5B with 30% outstanding scares me a bit. That gives them a lot of room for the Big D word! Are u in this play or standing on the sidelines waiting? If you got in when it was in the trip 0's then your siting in a good position. TIA
I owned CCTR when it was at .0233 back in April 2010. Seemed like they were putting out PR once a week. Got out a month latter when it dropped to .0137 even with the constant PR. Just for fun I've been back to check it out a few times. Looks like it dropped like a rock. If it hit's trip 0's it may be a good time to buy back in?
Lesson learned - don't buy penny stocks when they are in the pennies, because CEO's will dilute the hell out of it until there is nothing left in the PPS. All my own opinion - GLTA
About four more weeks when I get my tax dollars back. Unfortunately, It will be way above 24 by that time!
I agree with everything you say Chris and can understand exactly how you feel. I'm a newbie to SGCP(1yr) but have been trading in other pinks for 3 years and have taken my beatings and got out of those positions. I commend you and any other investors that have stuck with SGCP over the years. It just show's your faith that SGCP truly has what it takes to be a winner. At least at a minimal, is a real company you can gamble on and not some fabricated company on paper. With that said, my biggest point to your original post is that FR's are very important to the investors of SGCP. Without them, you are flying blind, which by the way, in most pinks you are! GLTA
If your done accumulating shares, I can understand you not being patience and wanting a press release that will kick the pps up. As far as I'm concerned, I like seeing the monthly FR's to get an idea if I should still be accumulating(Which I am in small amounts). The monthly FR's are a HUGE advantage to investors!!!! To be honest, I'll be getting a nice tax return, hopefully by that time I'll see a couple more FR's that will give me the confidence to buy a few million more shares at current prices before a major press release that will kick the price up to pennies. However, if it goes to pennies before I get my return, I don't think I would buy more, just hold what I have. Everybody has a different outlook how to play SGCP. However, whatever the outlook, I do believe we will be in the pennies by EOF where everyone makes out!! IMHO and GLTA
Before I send John the question maybe somebody here can answer? Does anybody know if 1 of the two dredges in operation is the 100 TPH dredge?
Also, as far as I know(Only been following SGCP for a year), this seems to be the earliest we've had conformation that there are working dredges in operation this early. For sure the first time there are TWO dredges in operation already!
Support at 22 resistance at 24. 2nd support at 18. Very good range to accumulate shares before January! Especially if it dips temporarily into the teens. Waiting for funds to clear, frustrated I might miss a good buying range! IMHO.
Happy Holidays to everyone!!!!
1st Support at 24 resistance at 27. I believe we will be trading between these two ranges until we break 27 on speculation or better yet news in the new year! 2nd Support at 22 if 24 fails which would be a good buying opportunity. SGCP is well worth the wait! IMHO