Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
For sure Ian, I’m with you on adding. Yeah def bummer they stopped monthly switched too quarterly and suv dropped. The .10 is pretty good still, it’s what trading in low 3’s lately? It’s a bargain still. Def adding rest of summer, into fall.
Def one of the best divs. I’ve been in for some time. Adding on dips.
They did try, and did reduce it. They did catch hell, as they should have.
Dividend stocks are the best. Big fan of cheaper the better on PPS entries.
Still acquiring- loading up.
LOL- they did try to dump it below .065. How come they didn’t know that they couldn’t? Or knew and tried to do it anyway? Got to wonder.
Yeah it’s a very good dividend monthly payers much better than blue chips and much more expensive shares.
Hey old buddy! How are things!
Maybe we should go in together on our own very small gold/silver mine here out west in either AZ, NV? Buy a very inexpensive one and do it cheap as possible, hire a 1-2 man crew a few days at a time that’s it, every once in awhile, and stabilize, build cross beams or rebuild, dig out, get generators and go one school with powered portable drills and jackhammers. Basically pull out in carts maybe 2/3 tons a day?
Their are plenty of mines out there Bob, I see them all the time. Poor mans version, but it does work out, if you know what your doing. Run it very very small. Nothing high tech. No massive costs to go broke on.
Mav
I’ve been acquiring for over a year and built similar positions.
The dividend is stable for awhile now.
However, if they drop it further, I’ll be out.
I’ve been acquiring on drops - will acquire another 5,000.
The .10 dividend is attractive, looks stable for now. Decent return for low price stock.
I’m acquiring for dividends
Couldn’t agree more magoo.
Elevator going down in PPS- big volume selling today. Jersey sliding and could end up back to .20-.25 this week and who knows where it’s going too. We’ll see. It was dropping on light trading volume last week as well. Not much interest looks like, which is really interesting, to myself anyway. Looks like people played the pump up and sold off.
New PR 2 days ago is what it is. But I thought PPS was going to rightfully decline after run up last month and sure did erode and we’re declining into the .28’s now and likely going lower.
It’s too bad too, but real no volume or bid support seems to be Achilles heel with jersey for many many years. Sure it’s doubled since Swallow came on, but the imo vague PR in March while it was great to see Mgmt’s possible direction - none of it is concrete. Hence the price PPS spike and slow burn rest of March and now eroding into .20’s.
I am very curious as to if they do move to a higher OTC tier or the Big 3 exchanges - how do they propose getting to $1.00 for 90 days? RS on way? Or...?
I’m a big fan of the jersey - but casting an eye toward the imo vagueness of that PR that spiked PPS.
They also said it’s just a discussion about what they brought up - but there is no guarantee they reach either 20,000 oz’s, execute any spin off or even move to a Senior exchange. Pretty vague PR in many ways.
They need capital for NJMC & develop rare earth REE in central Idaho. The senior exchange they mentioned could be the top tier of OTC - which is OTCQX. Which they require for 90 consecutive days the stock price at $1.00 or higher - amongst other conditions. They also do not allow stock promoters at that level. The difference is there is no market order executions such as on AMEX, NYSE, NAS. The OTCQX broker dealers instead accumulate shares and sell/buy between each other in their OWN network- through an OTC LINK. Currently their considered a business venture with the OTCQB.
I have been here for many many years and know firsthand the local area where mine is located.
I would like to hear more specific information from the company in a form of a press release indicating which specific exchange they are discussing and also what exchange will spin off be on as well plus if we’re getting shares in a potential spin off - how many are we getting. I ALSO would like to know including if there is ANY reverse spilt in their plans to achieve that $1.00 minimum stock price to qualify. If not - what’s their plans release PR’s to boost and capture attention and market interest? I feel like while it is appreciated they discussed in a PR- however it would be ideal if they provided a clearer understanding to shareholders. If they are doing a reverse split or If they choose to stay quiet on that - then after being a long time shareholder —I’ll likely sell off. I’m watching very closely. If it looks their going down that road with a RS- I’m out.
I do not want to see dilution either that will hurt shareholders so I’m very keen on seeing how they go about securing financing as well and any term sheet they sign. Reverse splits usually have a tendency to fall after they occur, usually like the Titanic. I’ll move to protect my own investment capital if that occurs, by jettisoning it.
Today the PPS showed a little weakness and we’ll see if it declines back down to .20’s - this company usually IMO doesn’t move too fast, so hard to tell how long this will all take. Right now in the .30’s I’m possibly selling some off take some profit. I saw the options sold as well that were set up and filed.
I am up as well - double +.
I’m not a buyer at these prices - imo can’t justify to myself based on circumstances. Talk to me at .01 to .03 and they have core samples & assays - proof of reserves. Then show me their exact operational plan - with their source of required funding to facilitate and sustain a full time working mine and amount of capital raised with their term sheet and there better not be convertible debenture financing where it negatively affects public shareholders values into a never ending death spiral 0001 land. I’ve been around a long long time. I don’t do reverse splits either. I’m watching but not often just a check back type of thing. There’s a lot IMO missing holes of with this one. I’m sitting this out, just like when it was .30-.40. Talk to me, if and when xyz occurs. Until then imo this is in a downward trend. JMHO.
However I do wish them the luck of the Irish.
Hey where’s that billions in gold at LOL? Classic.
There’s a possibility the upper part of the mountain they have been blowing outside and removing ore last couple years and trucking it down the dirt access road above the adits, might be cutting back eventually. IMO the companies direction is ramping up back deep underground, with the infrastructure being implemented.
Over time, we’ll all see the updates on what their doing in the Murray.
The PR while it was informative, imo, I didn’t think it was earth shattering. There was some speculative PPS increases - for a few days - however- it has decreased and trading last week was choppy with a slightly downward trending pattern.
The potential for a spin off is potentially interesting on the rare metal plays- possible another trading symbol coming? Not enough info on that to hang hat on, however- we’ll maybe here more possibly
But, the Jersey is doing pretty good overall. Some PR’s are always better than others. But the PPS has increased annually lately. That I approve of.
NY BOB - Pierre isn’t a light weight and respected in mining industry. I’m also been acquiring that N. Idaho play - you’ll see me over there. I won’t name it here, but you know which one. This one has upside imo and world always needs metals, always will. Hope you are truly doing ok and your well.
I can’t throw a shareholder party bc I missed out - but if anyone wants to come to my winter Florida house by the Donald’s, I can assemble a few Ukrainian & Russian Clorox bleach blondes with underlying dark roots and foreign accents- lounging around by my pool. I got a buddy who says he might know of a securities lawyer type, who makes clean blank check shells. We can maybe create a business or several, name a few of you as CEO’s and maybe we can come up with business ideas, that we are manufacturing everything from toilets with special nozzles that inject water up the wazoo and then a burst of hot air to dry off that special area in the North Pole next to Santa Claus, and we’re also manufacturing cigars in Cuba and have a burgeoning enterprise we’re really especially working hard on over in Northern Pakistan that has over 250,000 billy goats thats worth an alleged estimate of $15.00 an oz, including 1000 goat herders tending them. Keep them in line and snuggle next to on those cold nights. What y’all think? K keep slapping myself I really really screwed up and didn’t buy in at .40, god I’m so so upset keep kicking myself.
Maybe Hunter Biden can jump in here he seems to have foreign funds & contacts last few years especially in Ukraine China- and 16 other awesome countries.
Hey when’s the campfire with Girl Scout cookies? Step up get your beans and weiners ladies and gents. Bag holders of the world unite. Been AROUND a long time in mining stocks. I saved my money instead & chose to make some thrifty acquisitions - bought a new mop from dollar store, a shimmy from that Ozzie late night infomercial, glow in dark floss, pack of wrigleys spearmint (got 4 for a dollar), toilet paper, dollar store vitamin c’s, a metal spatula, a Band aids, hand soap to clean dog poop pick up walking Fido, can of baked beans, weiners, nail clippers, cough drops, off brand retried beans. I filed a plan of operation to fart this morning - man whooweee - that was a stinky one.
They were busy pouring mud deep underground and the ore is going to boom.
They were busy pouring mud deep underground and the ore is going to boom.
LOL .14 surprised it’s even that
It has potential! Financial markets could leap to 40,000 and if that does ever occur - the no doubt decline after- will move millions into metal bullion and metal stocks as a hedge to ride the down cycle until markets recover and sell offs are completed cycling out- forming a new baseline ground zero- to re-enter markets again. Small jr minors are where it’s at for me for decades. I parted ways with big mining companies over last12 months.
That would be nice - agreed.
I’m vested here for years already - here for the long haul and adding occasionally. The rare earth stake is interesting future added value play. The potential of doubling ore tonnage in NI mining ops, the second crew added and jumbo drill- real solid progress. The drilling down vertically Skookum with vein further showing itself is a very good sign here long term. Kind of like putting Christmas lights on your Xmas tree. Plug it in, boom lots of brilliant colors.
My coffee almost came through my nose. I have been adding to positions in jv mining outfits. But never took position here, never will. Heading out to play a round here in Florida.
.1775 - I avoided this.
Good luck to y’all but I’m not a buyer until I see more concrete mining data, analysis and potential funding down the road and logistics of ore processing location.IMO- being located in CA- and its location could hinder ore production somewhat, maybe not. I’ve observed other small mining outfits that work through winter and snow - however - I’m sitting this out for another 4 quarters + until I see more info and or progress made. Good luck to all here. To those who are long and proactive - your certainly entitled to your views- however those in the camp of this has some potential drawbacks for variety of reasons- your entitled to those opinions as well. Time will tell on this as always is the case, with any company in any industry. Take care, mav.
I wouldn’t be laughing after observing pps decline.
PPS decline. Hopefully it goes back up for whomever bought this. But...we’ll see. May have gold in it, but for myself IMO- I wanted to see more in-depth plan of where ore was going to processed at and core samples analysis and future sources of funding to develop mine and any future dilution potential. Amongst other info.
Deblasio & Cuomo - screwed NYC & NY up no doubt. A few fires burning out west won’t kill the RE market. Too many people, with too much money. Prices will decline over winter- they always do. Orchid will do ok.
Big div increase
I’m adding
They find their fools gold yet? Maybe the paid pumpers can get a pick.
It peaked about 18 months ago in SoCal - then it was stagnating for a year and prices were declining. Covid came 6 months ago and what occurred is that the inventory dried up dramatically bc nobody wanted to list their houses bc where were they going to go right? Last few months - seen more inventory coming on - but problem is that we’re seeing foreclosures popping up and people losing jobs which equals more listings are coming back on - which will start the decline again going into winter as market traditionally slows down. Add covid and more foreclosures- prices are going down. In my neighborhood a seller took an offer for $80,000 less. Sure certain properties will get multiple offers- but buyers have advantages as winter comes and more foreclosures pop up. But majority prices are declining and will continue throughout this winter. But either way orchid will benefit and the divs are usually pretty good here, that’s why I’m here. Adding like you! Go orchid!
Boom likewise divs are still solid through covid.
Classic ain’t it.
Nice EOM- thanks!
How many fools stand on top of every mine shaft?