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What should be a serious concern for you is why you bother slumming here, posting the same posts over and over for a stock you say you will never own, when your job is to handle investor relations for a "company" that has a falling share price that is now at a number called $ 0.0035. THAT kind of share price would REALLY cause some concern...not a company with so much going on, with real contracts, real people in place, that just bought out another company that also has a lot in place, which positions it in an awesome position to really take off.
I'd say your areas of concern are what should be an area of concern for you. lol.
Good point, I probably am underestimating the share price value of machinery showing up on site. I am curious if that will be a kind of combo effect, having that there working on site, and maybe having prospects of other companies coming down there to look at it - drawing interest in both the site/project/company, and in buying machinery as we are a sales arm for it.
All that being hypothesized...still no real idea if the machinery thing is real or not.
I could address a lot of the posts here over the past 20 or so, but just wanted to say a couple things. This board has become a much better board in looking at this as a company (or not), and the positive and negative discussions are dealing with things in a better way. Of course, the positivity has taken a hit, both with the former ringleaders of getting shareholders on board (i.e. the former moderators and board pushers who are now paid by the company as Investor Relations) leaving the day to day postings and with the ongoing failures of the company to meet company scenarios which the new (and old) shareholders were told to believe in.
I think most now realize that the only things that will really matter is the granting of permits and ultimately the production of gold. Yes, the machinery showing up is important, but even that doesn't guarantee any real gold production, and as we all know is tough to figure out.
All of this could be better understood with real PRs with a timeframe, as has been pointed out, but all along Drake has been gray in announcing specifics - for whatever reason.
As for calling Clayton and asking him if he is selling, or is planning to sell in the future, I think that's rather pointless for a couple of sensible reasons. What does he possibly have to gain by saying he has sold, or is planning to sell in the future? And since his business is mainly promoting companies and if he is a major shareholder with plenty of shares still on hand, he only stands to lose both money and credibility in future dealings with a large group of shareholders - and damage to his next venture(s) moving forward.
I would think that if I called him and he told me he's not selling shares that it would be the only thing he could possibly tell me - unless he is planning on doing something new very quickly. Which I do know from experience is quite possible. So, I'm satisfied waiting to see how this plays out. I certainly can't lose too much more money, regardless.
Whether the selling is naked, or clothed, or wolf-in-sheep's-clothing-related, the seriousness of the share price is getting pretty, well, serious.
There's no ripping involved here, the share price is an embarrassment. No matter how much lipstick you want to put on this with everything that "could" be. Go ahead and yuch it up, fellas. We are sitting with a 22% drop today, and just dipped below oh-oh-trey.
Time to quit looking at this pig and head outside, where the sky is REALLY blue (not imaginarily so) and the temperature is actually spring-like. You could almost say it's a golden day - and be right.
Cheers - enjoy your day.
No problem, Bob. Glad to help. EOM.
Cheers!
OT- Best news I've seen from the CYGX forum for a long time...lol. Hey, maybe we can start packaging coffee and mark it up 500%, under the label of Alzheimer-Reduction Medication?
How about this:
New from CYGX, inc:
Alzcafe' - The new medication that wakes you up, and helps you remember why you woke up in the first place!
Does Ken Jayne actually live in the trailer park, or is that just his "dropoff" mailing address?
I guess that's actually a serious question, for our "dealer-representative."
Maybe I'll e-mail him at the g-mail account and see what I get back...lol.
Some very creative spins going on in here the last few posts, I have to give you guys credit. I especially liked the analogy about Canada being on the back burner, to go along with all the other projects that this company has been involved with, inclusive of the last "mining project" - other than Canada, of course.
Any wagers from anyone not spinning as to when the Georgia project will either be a back burner project, dropped completely due to the difficulty of permitting process, or will be pushed back to a brief mention in a PR, due to all of the new projects the new business dealership has brought to us?
Honestly, I would bet that one of the above things happens in four months. I guess time will tell. That whole equipment shipping/delivery thing is tough to figure out, isn't it? Probably a lot like the prep-work that can be done with that machinery before permitting is approved. Remember that theory?
Boy, if that update wasn't straight out of the old playbook, I don't know what is. Now (again) they will narrow their focus, um, except for the new excitement and focus of the distribution area for the machinery, which is, um, exciting and opens up new ideas for, um, less focus.
This will be until they find another opportunity, and determine that a wider focus will provide greater opportunity for shareholder value and share price appreciation.
Wash. Rinse. Repeat. Wash. Rinse. Repeat.
P.S. How about Canada? lol.
Pretty nice 5 day chart/share price. Any of you chartists out there want to hazard a commentary about technicals or anything else? I'd love it if this thing would rise up a few more cents and I could sell off some of what I bought back a while ago.
Hmm, if so, I wonder who could be selling shares? Hmm? Somebody thinking the company has a bright future that is still interested in it? Or perhaps someone who is moving along to other projects and opportunities?
I don't know him that close, never said I did. You certainly can draw your own conclusions about him and what he chooses to do. I don't know what he'll do with Drake, other than leave it and move on, which he has already done. I do know he has many other interests, had many before, during and will after Drake. To think that he will leave all of his current money in Drake when he will be moving on to other things where he will want to draw investor money into and build into business ventures just does not make that much sense to me, personally. I have seen him move through these things before, and can guess what will happen.
Do I know it? Nope. Does my common sense tell me what to expect? Yep. You can certainly disagree with it, and time will tell about Drake and Clayton.
To call him a very successful self directed investor is interesting though. I'd say self directed might be the most pertinent words in your lavish praise...and might lend some hint to who he will continue to look out for - especially since he has moved on. Good luck to you.
Merely making a point that the company has released a lot of forward positive PRs in the past that really didn't go very far. They've always kept us very informed, I'd say, just haven't always followed up with the meat for the potatoes, so to speak.
I know what you mean, just saying.
Flippantly moving on, so you can have your playground for your buds for the rest of the day. Enjoy the reposting hysteria of old PRs and blog entries while you can.
Very true - we will know at some point. I just wish we had a better idea of a timeframe for all of this...the positive side of things is that the price can't suffer too much from these levels. Most can afford to wait, I suppose.
Since it is a letter of intent and not a contract, not releasing the news until it becomes one is a refreshing decision by the company, IMO.
I do still own shares, and would gladly sell them if it ever starts heading back up enough to make some money. I bought back in when I considered some of the possibilities a while back - it did seem like they were taking some positive steps, and then they dropped projects, changed focus, people coming and going. I wish I hadn't, and I certainly won't buy into the words that come from these people again, unless they answer the only two real issues that matter - show us permits, and show us produced gold, in a reasonably positive manner.
I no longer hold much hope in those things happening, as I see the usual pattern happening here again. All IMO, of course. I wish I could see it differently, but I can't.
You can be as flippant and post as many old PRs and blog entries as you like, but most of Medchal's observations are worthy of concern. There definitely is a blurring of opinion and reality in many of the posts that permiate this board, probably not as many as in the past, but they still remain.
It does usually cost plenty of money to start a real business. You act like that is a given with Clayton, and this "business." Which is far from a reality, for many of the unanswered questions that remain. It may happen, sure - we'll see. But to laugh at sensible observations and concerns is pretty weak, IMO. And transparent, at that.
Here's a novel idea, one you've espoused ad nauseum elsewhere - why don't you call him and report back to us? I've repeatedly asked you for your assessment on those shares, and no response.
By they way, what's your boy Clayton going to do, now that he's flying the gold coup and looking for new projects to sell shares for?
Absolutely no problem with your assessment, or hopes for what could happen here. You do remain pretty realistic, and you express yourself in an intelligent way.
One thing that really bugs me about the expenses and payments therein...I see that Investor Relations note. To think back to some of the posts in the early times, the sheer, blatant recruiting commentaries undertaken by some back then, and seeing what they do now, and getting paid for it - just bothers me.
This is not a personal attack, just makes the whole thing more problematic, to me. I know some of you have a close relationship with those guys, and will defend it.
Why would "they" go to all this trouble and expense to stop? Because "they" can make money doing it, as Medchal so perceptively points out. Quite simple, and "they've" done it before, more than once.
And now we see Clayton is moving on, and will only be a consultant of sorts for the the company? Moving on to his next venture, of course, and still taking consulting benefits from the company. Do you really think he is going to keep all of his money and stock in Drake, which he is moving away from, and not put it into whatever venture he next chooses to be a part of? Pretty unlikely, from a common sense standpoint.
Seems pretty simple to me, really. Of course this could be a real business, but if you look at what they have done "transparently" and how they have done it, it most certainly could NOT be a real business.
I think in this case, the only thing keeping people interested (if you could call it that) IS the uncertainty. Because the certain things are pretty sad. Sigh.
Again, kind of a pointless give and take between us, bowing out of it, with only one comment. Here's a thought, some of us just can't take the time or care to spend the money to go to other cities to ask a couple questions about a relatively small investment in the big picture. More power to those who can, I guess.
Well, of course you're getting in the middle of it, nothing new. A person said they were going to have a meeting with management, asked for some questions. I gave his some, if he cared to use them. Nothing more, nothing less. In my mind, the only concern with me giving him the questions is that if you would be afraid of the answers, or lack of them. Otherwise, why would you care that I answered a simple request - all of which had nothing to do with anyone except the requestor, and me.
Of course most of my thinking here is negative - simply from experience, previous due diligence, and probably most importantly, where the share price is now, compared to where it was - and that's with THIS exercise from Clayton, et al. And I decided to give this a chance and threw a little more at it a while back, and have only lost more. So what? My gamble, my experience, my caring about both.
I have brought up much information on this board - most of it is either not liked, or it is deleted as being from the past - which I think has merit in present and future. I sincerely hope it doesn't, and they pull something off here.
I read the PRs. Have seen plenty of them. You say they hold more weight. I say sitting in front of someone and asking them a question and seeing how they react and what they say would tell me a lot more. The PRs have missed on promised activities many times...so if you just want me to go on PRs and expect all of that to come true? Well, good luck with that here.
The guy asked for questions. I gave them to him. I fail to see where anyone else needed to get involved. But I understand why they would, all things considered.
One more question if you care to ask it - it's not a very nice nor pretty one, but if Drake is going to be a sales representative company for Aero, does Aero have any plans to obtain a working e-mail address more professional and businesslike than a g-mail account, and do they plan to have another address other than one in a trailer park? Seriously, those are pretty basic things that a company who hopes to sell multi-million dollar products should try to upgrade - which would also be pretty low cost efforts. Just to hear of a sensible future plan would be helpful.
Thanks again.
Here are three questions - I welcome your efforts on gaining answers. I believe the others are correct in that the office is essentially an address that they share with other "businesses" and that they can use meeting rooms there and use it to have a local phone number and address. I doubt that any of the management will be there extensively, and you'll have to meet with them when somebody would agree to be there. Just my assumption, no personal knowledge.
Questions:
1. Has the machinery been shipped, is there proof of that, when will it arrive, and where will it be? Is that the machinery that they will be showing to prospects as a sales representative for Aero/Dove?
2. What is going on with the other properties Drake has talked about in the past, and the oil and gas part of the business? I'd be curious about anything specific, and not something just like "things are progressing nicely on all fronts," that kind of thing.
3. What is Clayton planning to do next, since he is no longer a part of the company structure? I assume he will move on to other PR/business-related activities, and since he has been the main financier of Drake Gold, I would be concerned what he would do with his shares and/or financing to date? Will he be leaving his shares alone, or selling them for another new venture? Could be very important info for shareholders.
Again, these are just questions, you asked for some, ask them of the company if you care to. I think they are pretty important. Thanks for any time and efforts undertook on behalf of shareholders - I appreciate it very much.
So, when the Explorer arrives "here", we will be advertising and demonstrating it? I assume from that (that it's coming, I guess) that it will be placed on the Georgia property and will be used to work for Drake there?
Or will it be on display at Aero's home office in the trailer park?
The last line was a joke, but the first paragraph I guess should be assumed, if you are to draw lines of assumption with these folks. You say it's on the way...I guess Ken told you that, or you are still just assuming from blogs?
One more small point, since you and I exchanged on it previously (or you brought up another point to mine...), the office in Georgia is a virtual office, and not a real home office. Not that a real one necessarily is needed, ya know. Just saying...since it was discussed.
On another note - I would hope at some point if Aero wants to be considered a player in the equipment business, that they would get a real e-mail address, at the very least, and not a g-mail address - especially in regards to Drake Gold selling/advertising the product - if there is to be any benefit to shareholders. Let alone a different mailing address. I'm sure that will all take care of itself when everyone comes to look at the equipment, tho, and we start selling them.
Despite my hopes for the company, I think this opinion is dead on. Good luck to us.
No, it probably couldn't, I just wonder if anyone had done that, or there was anything published by the company that would cement it. I'm not going to drone on or make it an issue - bash - whatever. Seems most are pretty focused on the two main issues now - the delivery of the machinery and the permitting. I usually just check on important things with companies I have higher expectations of and am more hopeful of. I think I've explained my resistance to phone Drake/Clayton in the past, and to cold call Aero is not something I care that much about. I certainly don't say the machine isn't in route - if I don't know. Just wondering.
Would think those more hopeful about the company would have checked into it - because that might be something to really signal advancement - and allow positives to buy more shares and really try to cash in.
Speaking of dealing with facts...
Does anyone have any concrete information that the Aero machinery has left where it's going, is en route, and an approximate date of arrival in Georgia?
Or, is the only verifiable info coming from blog/PRs telling us it's coming?
Not bashing with this, just wondering if there is any real proof. If so, that would be a very strong thing.
Although I don't know what kind of office they have in Georgia, I know Clayton has a history with moving "companies" into a virtual/shared "corporate" office in tall shiny buildings. I believe Las Vegas was the last one.
If you're going to have a virtual office, it might was well be close to wherever your virtual/transparent gold company is...Georgia makes sense.
Maybe simplistic way to look at it, but to lock into a building agreement and during the building of said building, to change business focus to no longer need said building, and simply default on said building contract to the tune of more money than you actually still have on hand to run the business?
Priceless. Unless you were absolutely certain your change in business focus would result in near term profits of more than you were going to give away for nothing.
Seems so far-fetched to me that I pretty much have to suspect fraud by MS. The builder made some money on this, I suppose. Or will someday. But CYGX? To lose that much money that fast with no money to operate on? It's either mismanagement of historic proportions (in overall history, not CYGX only history), or simple defrauding of shareholders.
I am not accusing anyone of anything, just thinking out loud. In NO WAY does this make any sense to me. And I currently feel like a complete idiot.
Incredibly bad news, if so, from my perspective.
Very nice - would be great if this can do fairly well until the show airs.
One thing I can verify when it comes to communication with Drake and especially with Clayton. He quickly learned to stop communicating specifics through e-mails, and avoiding those by requesting phone calls - or had his assistants do that. And those Instant Message Moderated Group Meetings? Those were priceless.
I don't dispute Clayton (at least) usually wanted to communicate with investors in phone calls. His people called me a few times - I preferred e-mail, which enabled me to log and save the info described to me. Much better way to conduct DD, unless you just want to hear someone tell you good things and pretty much what you want to hear.
But there is no doubt that those singing the praises of the company, and those trying to sell the company stock, wanted people to talk to Clayton and Co. on the phone. They are marketing and promotion experts - and know how to talk on the phone - or in person. E-mails...those are sticky wickets for some.
But then, Clayton is old news, right? I assume his people are still promoting the company as Novak Capital?
Having fun today? Adding something to your posts? That's fine, you usually sprinkle in when things are your opinion. Nothing wrong with posting PRs and further reviewing them, along with company performance.
I just think it's important to see that it's ok to re-post things from the past, and re-post them again. Let's keep the balance of the board intact by allowing important info to be posted and re-posted to be discussed again at a later time? Not just the company PRs.
Fair is fair, right? Wondering if these posts are considered redundant and unnecessary by those that are concerned by this kind of thing? Or is it just things that don't always paint the company in a flattering light?
Fantastic post, b2b. Pretty much fleshes out what my two points/questions were. Two very simple issues, neither are verified by the company, but easily could be if there were positive answers to either. There may be, and common sense would tell anyone they would be important to shareholder value to release that info.
You could even post about it using CAPITAL LETTERS, which would be more impressive.
At the very least, it's redundant...lol. Sorry, it was rattling around in my head, I had to let it out...
I can only hope that these estimates prove to be less transparent than the other confirmed, respected, unbiased ones that took us nowhere. I'd assume they aren't, since this would totally burn the bridge for most with these investment opportunists in any current and future selling opportunities.
So, is it taken as gospel the fact that whomever is going to mine on this property can start mining operations before permits have been secured? And is it also verified somewhere that the machinery to do so is currently en route from overseas, and when should it be expected to hit the property? I know there have been posts on this previously, and that those things have been challenged. Seems to me, those are the two most important things to verify at the moment.
So, what, Clayton is no longer a player in Drake Gold? Other than his "investment", that nobody can really verify? (Please prove it, if so).
So, how long do you think his money will stay with Drake Gold (if it really ever was...) considering his experience with nothing but PR work, searching for new companies, trying to get them going, and being a front man for an investing company?
Do allay'all still thing that the money supposedly backing Drake Gold will still be there? Everybody involved with this company has their hands in other companies and projects, right?
At least, something to think about, isn't it, if you are an investor? And if you have chose to avoid past history with Clayton and this investment, as some would ask of you, then, perhaps you should look into it.
No problem, Doc. I just don't want this to disintegrate into that kind of thing. There are plenty of ways to describe the unhappiness...I remain unhappy about what has happened here.
To answer your question here, I don't know. It should be pretty bad. The thing is, this company has not approached what it currently is experiencing. To air on CBS and on cable...that is something worthy of possibility.
By the same token, I understand completely your anger - it's certainly been justified to this point. I am hoping this turns into something positive - but I certainly do not expect it to happen.
No, the game is not over, in essence. Some of us are dealing with a bigger picture, with more experience and history with the people in question. I am pretty much dealing with what some claimed would happen, and prospective shareholders were pumped with for about two plus years now.
So, my comments are on point - people who dominated the board were incredibly wrong by their predictions and views of what the company would produce at this time, and long ago. And their replacements are asking of all of us the same kind of support and beliefs.
Anything can happen moving forward, but the incessant focus on my comments are causing me to respond in kind. The game is over for many predictors on this board...as their predictions dealt with timeframes long gone.
They may still produce...who knows? But they are worthy of more doubt than hope, from anyone with any experience with those in question, inclusive of the moving management/investment team.
Bottom line...what has been the price performance of Drake Gold? I submit there are VERY few that have realized any profits. And that is all that anyone can REALIZE without blind faith at this point.