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One day will come back? What makes you to believe that?
There's only so much outcrop.
The recent mine posted pictures are the proof.Next.
It's only 49% of 35-40% gross margin from Concorde. Net profit of this AFL construction (if ever accomplished) is everybody guesses.
-Me thinking this AFL project is another crooked romanian way to fleece EU of some dinerros. There's been a furry of fictious romanian companies latest years trying to get advantage of this so called EU help to romanian companies building or bringing some products per EU requirements. These scammers with the romanian gov. crooked officials help had some success in cheating the naive EU block.
- the concorde contract is with another dubious romanian company(SC PROSERV IMPEX 94, SRL) with no track record and presumably in the business of running ALF.
-keep in mind average romanian salary is about 300 euro/month and 60% of romanian are under poverty level so how are they going to pay for the care of their beloved ones in an assisting living?
-culturally romanian old folks leave with their children all way to the end for all obvious reasons.
Something wrong? While there might be another shipment it's so obvious this will be the last one as Bob is done harvesting the outcrop.
Why are you keep posting pics with iron ore already shipped with Kriton?
Give it up man.You're beating a dead horse.
So on top of all red flags we're also having dilution? If dilution is in progress here then not even trucking pictures will be able to save PPS.Bob really need to clarify dilution issue.
In the pinky land I never assume anything.Perhaps Bob will pull another magic and make one more shipment. Question is what PPS should be to reflect this one more shipping perspective?. If we go by pinky norm of market cap. equal one year earning then current PPS need to fall down another 2/3 to 0.002-0.004 as one smart poster mentioned earlier using chart TA..
-Why no buyer for the tons of "fines"?
-Who's the buyer for the 3/8?
0.0020- 0.0040 is about right.
Still room to fall for the market cap. to equal one year earning assuming Bob will pull his magic for another shipment.
red flags are equally growing.
So what are pumpers have to say about these jivy numbers reported by CWRN?
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_C/threadview?m=te&bn=73247&tid=7580&mid=7580&tof=1&frt=2#7580
Per your name leave the crystal ball aside and focus on some facts:
-no buyer announced for the 3/8.
-no buyer materialized from the boasting PR "fines" shipping is imminent
-no dollar amount from last shipping
-no ferrous content of last shipping iron ore
-most likely this will be the last shipping if ever
-merging with another company to cure the CE is just another carrot tangling in front of suckers
I may stick a fork in this pig if PPS falls to 0.003-0.004 area($15-20 million market cap.)perhaps Bob can work another magic.
This will be in the six by end of week based on way current low market cap.
How you're checking the new boardmarks? TIA
Based on current O/S market cap. around $1.8 million. Way undervalued IMO.
It took me a while to figure out these chat boards are controlled by crooks,pumpers, bashers and of course crooked CEO's.However, once in a while in an ocean of dirt some peep.(you've been one of them) are posting truth and clear messages that save peep mucho dinero to the chagrin of crooked CEO's and their cronies.As far as the addiction goes I only check a few trusted posters on daily basis for new updates. I'm sure you'll be back if any positive comes out for this company.
Bob gave us info. we already knew.As for all his promises some never materialized and some fell short of fulfillment. At this point in time I only rely on good mine progress pictures posted on this board on the assumption something positive will happen with all those piles.
Here's the lack of info. I referred to:
-CE removal
-mining ownership percentage
- profit or loss from last shipping
-ferrous ore content percentage
-clear share structure
-mining life(is he going to keep surface scratching those rocks for more iron or start doing some serious drilling?)
That's the problem-lack of information. So far PPS been supported by posted pictures on this site.Apparently another run in PPS is in order here with coming pictures of those piles getting bigger and trucking in progress.Company may PR as well regarding the progress but IMO any news from company means squat for investors here.
I doubt this is a scam. However there's a good chance for this company to go down the tube. At least Bob tried to make some money and apparently the mine is well alive and based on some pictures posted here it appears soon we may have some shipping.Invest here only what you can afford to loose.
Huge pile of "fines". Not so clear for 3/8's.Still something going on.Looks like the mine is alive.
Both piles looks to me as "fines" which were supposed to be shipped already.Nevertheless, Bob is piling things up for a reason.
Patience is a virtue for the right cause. In the pinky land your virtue is beneficial to crooked CEO's.
Posted on Yahoo:
Re: NO PR NO BUYERS 20-May-11 10:57 am
Watch out. The freighter ship M.V. Kriton that took the iron ore to China has been docked there for close to 500 hours!!! Aveage time is usually a few days?? Is their a problem between the supplier and reciever??? Wisj I knew
The expectation of a PR and half way pile for another shipment is enough warranty for the PPS to hold at this level.IMO below eight will be a bonus.
I didn't expect Bob to start accumulating another pile.Per one picture posted here that pile looks like half way thru filling another Kriton. No shipping ready for second quarter but definitely they're working to get one sometime end of this summer.
We'll see three tomorrow IMO.Lithium is hot sector right now.
All I see per volume and price action the company is diluting the heck out of it.You think they would be smart enough to wait for PPS to build up a bit. Oh,well.
Per current O/S market cap. almost $50 million.Way too much for a company with so many unknowns.
O/S probably at 500 M.Even that market cap only $one million.Lots of upside from here.
Market cap. way to high.PPS still prone to fall 2/3 from current level.
Per your post you're not even aware of how F&F work.
He ain't no millions.Money from first shipment will barely cover some payment for the heavy equip.
ETurd won't take on line orders.
NWGC gold company quarter just out. Excellent revenues.
http://finance.yahoo.com/news/New-World-Gold-Obtains-iw-3153098664.html?x=0&.v=1
NWGC gold company quarter just out. Excellent revenues.
http://finance.yahoo.com/news/New-World-Gold-Obtains-iw-3153098664.html?x=0&.v=1
Why would Bob throw in a low ball number for? Hoping to pay less taxes? Why only one time 42 tonnes? It looks like everything'
s been prearranged for just one time shipping.Due to latest developments it's becoming more and more prudent now to be sitting on sideline and waiting for those financials-if ever.