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when did rufus say this ?
does anyone have a link for this ?..
"Our-Street.com...proprietor Timothy Miles...has...been charged by the SEC for securities fraud" -investors.com
is there a link for this ?..if so plz post it thx......
i called and got the same response..she said eveyone has been calling.....this is looking better then ever..all the pieces are coming together nicely..
FHAL OTCBB ,, fhal is a otcbb stock ....
thats the news they should have delivered today at 9.45am. but it should help tomorrow.
I would say this stock is pretty much setup we are looking for a few things....Oil to go up as our catalyst which will drive this stock huge....A good PR regarding the new leases or some kind of update to the company....A hurricane will push oil prices and oil stocks higher but also it will push the hurricane stocks.....My favorite the stock will wiggle some with the awesome chart setup and run like a bat out of He$$ causing that short to cover his shares with a fury!!!!!!
Ohhhh, I don't have a little birdie tweeting in my ear on this play it is all just my own DD, watchign the l2 for the past two months, charting it for a while, and following the reaction from the majority of the traders out there. The stock is holding well above .008 lets make this monster moooooooooooove..
FPPL is primed and ready for the next run to .03....chart is lookin great...
another very nice close , no sellers today ....everyone gearing up for friday...and next week.....up anther 5% today....
today another steady move up.... 36/.40 1x1...... ready to run tomorrow
look what i found this morning ..... http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001340348%252D06...
Vol. coming in earlier then i thought , tomorrow may be a great day....alot of buzz goin around on this....look for LDGIW to break out ....
tomorrow is the last day to get a real good price..only 1 MM at .30 then bbye.......this is making a steady move up everyday.. soon it will pop....my guess is late weds , thursday morning
nice and slow upward..ask 30...by tomorrow we will inch closer to 1.00...
its moving up today again , look for more Vol. to come in weds and thurs.....
In the case of a warrant the shares LDGIW will become untradable once it hits a certain price. In this case for the Dilution of LGN to take place it's warrant would have to reach 1.10 and all 8.8m shares will be moved into the LGN o/s... Making the warrant LDGIW a no longer tradeable stock.. The company does this to raise capital for the company..
850k in float.
insider has 8m even.
thats his shares to take over LGN.
over 50% of stock
LGN o/s will be increased by 8.8m when LDGIW hits 1.10
WARRANT BASICS
A stock warrant, to put it simply, allows the holder of the warrant to buy a particular number of shares of a particular stock at a particular price (the "exercise" price) for a particular period of time.
To illustrate, let's say you own one stock warrant. The "terms" of this warrant dictate that one warrant allows the owner to buy one share of XYZ stock for $10.00 until December of 2009. Now, let's say XYZ stock is currently trading at $20.00 and the warrant costs $5.00 (a ridiculous situation, as you'll see). That would mean that a $5.00 investment would entitle you to own a $20.00 stock for just $10.00! If the market allowed such absurdities, you could buy the warrant ($5.00), "exercise" your just-bought warrant for $10.00, and own a $20.00 stock...a considerable profit in nary an instant! Like paying fifteen dollars for a twenty dollar bill.
Given the above example, it's obvious that an efficient market should price this warrant at a level at least as great as the difference between the current stock price and the exercise price of the warrant. In this case, the warrant ought to be trading at $10.00 or above (20 - 10 = 10). Actually, the warrant really ought to be valued at something greater than $10.00, since the warrant allows you to buy the stock at the exercise price until 12/2009. If the warrant were trading at $11.00, we'd say that there's one dollar of "time premium" figured into the price of the warrant. You'd actually lose money if you bought the warrant at that price and exercised it immediately, but because you have good reason to believe that XYZ stock will appreciate considerably before 12/2009, you might be more than happy to pay that time premium and wait awhile for the stock price to rise.
Let's say XYZ stock is currently trading at $7.00 instead of $20.00. How much would you pay for the warrant? More concretely, how much would you pay for the rights to own XYZ stock for $10.00? If the expiration date were tomorrow, you'd be foolish to pay anything for the warrant. But the expiration is not tomorrow, and you know there's a chance that XYZ stock will trade at greater than $10.00 before the expiration date. Would you pay a dollar for the warrant? Fifty cents? A nickel?
It goes without saying that a great deal of thought has been put into the determination of the fair value of warrants. Without too much thought, you can see that the volatility of the underlying stock ought to have something to do with the price of the warrant. If you're technically oriented you might like to find a way to figure historical price trends into your valuation model. On the other hand, a fundamentally oriented investor would like to incorporate earnings growth into the model. The whole purpose of our service, of course, is to seek out warrants that are unusually cheap using methods that we believe to be quite powerful.
Before continuing, let's get a couple of definitions straight. An "in-the-money" warrant refers to a situation where the stock trades at a level greater than the exercise price. Here, if the warrant were to expire tomorrow, you could exercise it today and at least get a little money back. An "out-of-the-money" warrant refers to a situation where the stock trades below the exercise price. People sometimes speak of "at-the-money" or "near-the-money" warrants; you can guess what these mean.
Stock warrants trade just like stocks. Intel, for example, had stock warrants that traded under the symbol intcw. You could call up your broker and tell him or her that you want to buy 100 shares of intcw and you could own the warrants a minute later. So you don't necessarily have to exercise the warrants to realize a profit...you can sell the warrant, just like a stock, until the warrant expires. Warrants can change hands many times before getting exercised. We've seen situations where an underlying stock loses 25% of its value while its warrant actually doubles in value...warrants are ultimately tied to the laws (and nuances) of supply and demand, and sometimes pay little heed to even the most fastidious of fair value calculations.
Most warrants are "redeemable" or "callable" by the issuing company at a particular price. This means that the issuing company may choose to force you to exercise your warrants (or sell them, leaving the exercise to someone else) once the stock has reached or exceeded its redemption value. If XYZ warrants are redeemable at a stock price of $25 dollars, then XYZ company can "call in" the warrants when the stock trades at that level. You, as a warrant holder, would receive a notice in the mail that would tell you that you have, say, 30 days to exercise the warrant. If you don't exercise or sell the warrant in those 30 days, you'd receive the "redemption value" of the warrants... usually about five cents per warrant! You don't want to find a five dollar check in the mailbox when you could have had a profit! Don't let that happen.
One common reason a company issues warrants is to raise capital. Essentially, when you exercise a warrant, you create new stock. The issuing company receives capital from this new stock just as it would if it had completed an initial or secondary public offering. So the redemption price sets the level at which the company can forcibly gather in that money. There's usually nothing particularly traumatic about receiving a redemption notice...if the warrant gets redeemed, you're probably already in a position to profit from your investment.
The issuing company doesn't necessarily have to redeem its warrants at the redemption price. Many companies still have outstanding warrants when the stock price is well above the redemption price. Generally speaking, the specific terms of the warrant usually dictate that the stock must trade at no less than, say, $25.00, for 20 days before a notice of redemption can be issued. In those 20 or more days, the stock may have risen considerably above $25, to the warrant holder's benefit.
Generally speaking, the issuing company wants its warrants to be exercised. If the stock never reaches the exercise price, the company cannot realize any capital from the warrants. To this end, a company can, and often does, take special steps to help the warrants to get exercised. The company can extend the expiration date of the warrants indefinitely, or lower the exercise price. When a company announces that it has changed the warrant terms in such a fashion, the warrant price may suddenly appreciate considerably. You can sometimes make an educated guess as to whether a company might take these steps by reading "between the lines" of a company's annual report or 10K. Sometimes a company's investor relations person will slip a bit, and offer a hint as to the likelihood of a change in warrant terms.
If the company has no special interest in seeing its warrants exercised, the company, of course, is not likely to change its warrant terms to the benefit of the holders. For example, warrants are sometimes issued along with stock with the sole intent of making a public offering appear more appealing; in such a case, the company may not care to see the warrants get exercised. If the warrants were issued as a result of litigation (as is sometimes the case), the company may have no vested interest in warrant exercise. Also, the capital structure of a company may have changed since the issuance of the warrants to the extent that the negative effects of stock dilution (upon warrant exercise) outweigh the benefits of new capital, in which case the company may lose interest in appeasing the warrant holders.
Another important warrant parameter is the "conversion ratio". Usually, one warrant will convert into one share of stock upon exercise but this is not set in stone. Sometimes it takes 4 or even 10 warrants to convert into one share of stock. Sometimes one warrant will convert into 4 shares of stock. The conversion ratio is usually specified in the company's 10K report, and is obviously very important in any determination of fair value. If 4 warrants convert into one share of stock, we say that the conversion ratio is .25. Somebody else may say that the conversion ratio is 4.0; it's simply a matter of contrasting definitions.
Warrant terms can be quite creative. Some warrants have exercise prices that are tied to the company's earnings by a mathematical formula. Some warrants have exercise prices that rise by a certain amount after a certain period of time ("stepped warrants"). Some warrants even have an exercise price that falls after a certain date. Sometimes a warrant entitles the holder to own not only the underlying stock, but another warrant (with different terms)
It should go without saying that warrant investing is not a very conservative approach to personal finance. If you'll have a nervous breakdown or worse if your investment becomes worthless, warrant investing is not for you.
Being a "leveraged" sort of investment, warrants, as a whole, tend to be considerably more sensitive to the ups-and-downs of the broad market than ordinary stocks. Generally speaking, the risk associated with a warrant is correlated with how deeply in or out of the money the stock is trading. If the stock is well into-the-money, the risk is minimized (as is the potential reward). In fact, if the stock is deep enough in-the-money, the risk associated with the warrant will equal that of just owning the stock itself. If the stock is deeply out-of-the-money, the risk is maximized. If the underlying stock never reaches the exercise price before expiration, the warrant will expire worthless...a 100% loss.
Particularly with out-of-the-money warrants, the bid-ask difference becomes an important consideration. You might check the newspaper and see that a particular warrant costs fifty cents per share (the bid price), yet you may need to pay seventy-five cents per share to acquire the warrant (the ask price). Let's say you bought that warrant for seventy-five cents; if you decide to sell the warrant the next morning, you might only receive fifty cents per share. You're saddled with a very real 33% loss, instantly. Are you willing to take that loss in the hope for long term gains? Bid-ask spreads are correlated with the liquidity of the warrant. Heavily traded warrants tend to have smaller spreads than thinly traded warrants. So if large bid-ask spreads bother you, seek out heavily traded warrants. Unfortunately, common sense dictates that heavily traded warrants would tend to be more efficiently priced. Furthermore, some academic studies indicate that stocks (and presumably, warrants) with large bid-ask spreads tend to outperform stocks with small bid-ask spreads in the long term.
Another danger associated with out-of-the-money warrants involves takeovers. If a company is taken over below the exercise price, the company is not necessarily obligated to return anything to the warrant holders. In fact, we've noticed that a warrant that seems especially cheap is frequently one whose company is about to be taken over, suggesting that prescient insiders are unloading their warrant positions. If this possibility scares you, there are a number of measures you can take to avoid being stuck in this position. One, avoid deeply out-of-the-money warrants. Two, avoid companies that are likely to be taken over. Companies with stock buy-back programs and heavy insider ownership of stock and warrants are generally poor takeover candidates. A five minute chat with a company's CFO or investor relations person can be very productive in assuaging (or enhancing) your takeover worries.
It is possible to buy a warrant for which a notice of redemption has already been issued. In this case, you'll never see the notice of redemption, and you may receive a panicked call from your broker on or near the date of redemption telling you that you can either exercise the warrant, sell the warrant (at a somewhat depressed price), or receive the redemption value of the warrant. Worse yet, your broker might not call at all. In any case, you'll probably lose money. Sometimes, a company will lower the exercise price in order to hasten the exercise of the warrants. So it is possible to buy a warrant for which a redemption notice has already been issued when, given the old terms, you'd have thought that immediate redemption was impossible. Always call the issuing company about their warrant terms before buying the warrant! Always!
It appears that an insider wants to express the stocks warrant in order to take over 50% of the parent company LGN.. The reason why this partner would like to express a claw in his contract it will allow him to pass the "Hurricane insurance" All of the hotels Lodgian owns will be insured incase of any damage during the hurricane season.. This will be a great chance to sell shares over 1.00 Bids will stick once we break into the .25’s I honestly see very large amount of money being inputted into this stock… Don’t be surprise to see a quiet day then BOOMAGE the next day. This is a day trade for all of us.. Always sell on the ask or above it…
If anyone as anymore questions about what I have written above feel free to ask me or call the company for more details..
wow what a close.... open at .10 and close .22...100%.. .not a bad start.....
we have a nasty spread because mm's were not able to adjust .. UBSS is out of shares..he is only buying now..
ARCA and TRAC moved to 1.09...that's the strike price..at 1.10 we get 1:1 of the partent company.....
deffinetlly something to keep on ur radar...
nice web site ... good DD here...keep this on your scanner , more to come.....
http://www.lodgian.com/index.htm
this week we Will have at least 1 PR and a good 1.... i can promise you that.....this week all the bashers will run and hide , they will have nothing to say unless they are man or women enough to come on here and say "ok i was wrong"....NovakCapitol will kick that PR promo the next 3 weeks and it wil get real Jiggy this week....and continue the slow and steady move up ....knockin down walls and finding new bases ....we will find a new year to date high this week....good bye to .021....
so that means we have a 110% monday PR.... which after a week of closing green everyday and shakkin out the weak hands and new base at .013... when this PR hits it will blow by .014 , .015 , .016 and on to .02.....
i guess it was sushi... i have goten sick off that before , its no fun......
ok i found out why our PR was delayed...... a certain person was almost hospitolized last nite from food poisening........ ...that explains why he wasnt available all day........so ya know what that means
Pegasus Oil Well Services has forged a powerful partnership with Drake Gold Resources as part of a bold move to boost their presence as a provider of oil, gas and water well services.
Less than five years old, Pegasus has experienced solid growth, yielding over $600,000 in sales in 2005. Pegasus and Drake are led by management teams possessing over 100 years combined experience in the mining industry. Pegasus' decision to unite with Drake is the result of seasoned decision making and research into mining industry trends. Drake is seen as a fast growing player in this field. This alliance pairs Drake's focus on exploration and mining with Pegasus' dedication to supporting the infrastructure of oil mining (in addition to its presence in the gas and water industries).
Pegasus not only provides well cementing services, but is steadily developing the ability to conduct hydraulic fracture treatments along with new acidizing services.
The explosive activity in the oil and gas arenas has led to strong and solid positioning for these two companies. The demand for the services of Pegasus and Drake is expected to continue to increase as the activities of exploration and mining remain high.
Pegasus is located in the San Antonio area, where numerous active gas and oil fields are located. Pegasus' water well services are also in demand in this area which is also known for its farming and ranching. A satellite office in the Midland/Odessa area is expected in the very near future. A satellite yard in the Permian Basin of West Texas is planned, which would provide an area as attractive as South Texas (San Antonio) due to the potential high demand in this region for oil and gas well services. Pegasus is presently expanding its operations by continuing to add equipment and crews.
http://www.pegasusoilwellservices.com/index.html
Stock Market Alerts LLC: Investment Alerts for MTNA! June 8, 2006
6/8/2006
Miami, FLA., Jun 08, 2006 (M2 PRESSWIRE via COMTEX News Network) --
Stock Market Alert's performance stock list includes: Material Technologies, Inc. (OTCBB: MTNA), Martek Biosciences Corporation (NASDAQ: MATK), Unique Pizza and Subs Corporation (OTC: UPZS), China Direct Trading Corp. (OTCBB: CHDT), Drake Gold Resources Inc. (OTC: DKGR).
Drake Gold Resources Inc. (OTC: DKGR) up 3.7% on 10.8 million shares traded.
Drake Gold Resources, Inc. is an early-stage mining and energy company that focuses on the exploration and production of precious metals, diamonds and energy, such as petroleum and coal. Drake Gold Resources Inc. recently announced the acquisition of Pegasus Well Services, scheduled to be completed within two weeks. Pegasus is a San Antonio-based company that services all of South Texas with a growing list of oil services. (http://www.pegasusoilwellservices.com).
from what we've seen in one of the latest PR's we know they are gone retire shares ... I've heard the # is around 300 mil...which will make this a low float.... 8)
Toll Free: 888-601-9983
Phone: 503-618-0370
Fax: 503-669-2693
State of Incorporation: NV
Approx. Capital Structure:
- 600M shares outstanding
- 250M shares Common Free Trading
- 350M shares restricted
- Currently no warrants
- Currently no Options
- No long-term debt
From:http://www.novakcapital.com/dkgrdata.html
and according to pinks
Outstanding Shares: 32,650,000 as of 2005-06-17
Estimated Market Cap: Not Available
Current Capital Change:
shs increased by 10 for 1 split
Ex-Date: 2005-12-21
Record Date: 2005-12-16
Pay Date: 2005-12-20
a freind of mine did some great DD and found this......
Norman Pearson currently is the acting president of Thunder Gulch Resources Ltd. which just signed a 48-month contract with DKGR. He holds a patent on a gold recovery machine for placer or free gold mining, "The Pearson Rock Box" and he helped develop the "The Derocker."
(Friends, I think the following excerpts may help our collective level of confidence in this gentleman and in Clayton's wisedom in have him on the team...)
Patent verification, background, and validation of Pearson's role.
Title: Sluice box
United States Patent 4360424
Inventors: Pearson, Norman A.; Crawford, Gary W.;
Application Number: 255779
Filing Date: 1981-04-20
Publication Date: 1982-11-23
Assignee: Pearson; Norman Anthony
Current Classes: 209/44, 209/380, 209/458, 209/498, 209/500
International Classes: B03B 007/00
Primary Examiner: Lacey; David L.
Attorney, Agent or Firm: Carver & Co.
BACKGROUND OF THE INVENTION
This invention relates to a sluice box apparatus for recovering heavy material, such as gold, from an aggregate.
Placer gold deposits are found in areas where veins and lodes of gold have been exposed and eroded due to such forces as glaciers, water and rock slides. Such deposits are found, for example, in certain areas of the Yukon Territory and the province of British Columbia, Canada.
Several different techniques have been developed over many years for separating placer gold from the surrounding aggregate. Prospectors traditionally use a gold pan in creek beds.
A larger scale placer mining operation requires an apparatus such as a sluice box. This consists of a trough placed on an incline and having riffles on the bottom thereof. The riffles are blocks or laterally extending bars for catching the gold. The riffles are commonly placed on top of matting, such as coco mat or indoor/outdoor carpets, which traps the finer gold particles. In use, a stream of water flows along the sluice and gold bearing aggregate is added to the sluice. The gold particles are trapped by the riffles and matting, while the remaining aggregate and water is discharged at the end of the sluice.
Because the price of gold has increased dramatically in recent years, it has become increasingly important to improve the recovery of gold from such placer mining devices. The devices used in early years were relatively inefficient and a considerable amount of gold, particularly fine material and gold flour, was discharged from the sluice boxes or other devices. For example, in the Ross device found in Canadian Pat. No. 1,074,263, a superfine recovery section has been added to the lower portion of the fine recovery channels to attempt to recover fine material not recovered by the upper portion of the device. However, the need for an inherently more efficient placer mining device remained.
SUMMARY OF THE INVENTION
According to the invention, a sluice box apparatus for recovering heavy materials, such as gold, comprises a fine recovery channel and a coarse recovery channel. The recovery channels have a receiving end, riffles and matting for collecting fines of the material.
By double washing the aggregate with the water discharged from the water distributing means and with the water circulating upwardly through the perforations in the perforated plate, a considerably more efficient sluice box apparatus results. The upwardly circulating water occurs because of the restricted flow of water through the fine discharge opening. A higher portion of fine materials are washed from the aggregate and pass through the perforations to the fine recovery channel instead of being discharged into the coarse recovery channel. The fine recovery channel may be specifically adapted for the recovery of gold from such fines. The means for restricting the flow of water to the fine recovery channel allows the flow to be adjusted for optimal recovery of fines.
The present invention offers significant advantages when compared with earlier sluice box apparatuses.
For example, by having discharge openings between the hopper and the fine recovery channels which have a size that can be restricted, water can circulate upwardly through the coarse material again adjacent the discharge end of the hopper and wash additional fines which pass through the perforated plate and then to the fine recovery channels. Additional fines can be trapped by the riffles near the receiving end of the coarse recovery channel because of the second perforated plate 120 over this end of the coarse recovery channel.
I have located a 10-page PDF with actual diagrams but am unsure how to convey without breaking rules here....
tomorrow u will....but ya ur right , 24th one was thurs...oops
the PR alert is for today and tomorrow..... you know they love friday releases for some reason.....
im gona here in 2 weeks laffin at you so hard im gona pee myself....
news today ? maybe but ! you know they like Fridays...hehe
hint hint........02 lol ha i laff it at...
you gota love were we are at right now.. we have a new base at .013.....all the undesirables are out ..when we get PR this take off.....
BLSH , sell me ur shares now , and ill be quite for 2 or 3 hrs......
lol you go ahead and sell urs at 02 bleh......you'll be chasin it later after that or watchin us at .05
DKGR will move to OTCBB before TRGD does....we'll be there in 2 months.....
i really lookin forward to that new PR ....and see DKGR form new base at around .016 or higher... but i really like the slow and steady climb....NovakCapitol knows ther shyt....very smart doin it this way....