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Curious what the next for next week will be?
Curious if the 600,000 on the ask is a real 600,000 or is it a short trying to hold things back?
Hoping that 2013 will be a very good year
the tier change is a good sign - shows that they are working on stuff. Hopefully we can see photos from the mining site soon
Patience is good but progress is better
I really would like to think that the LSTG is going to work out but I am a little concerned that have all this time there is not a single photo of the CEO on the mining site or any photo that is not a stock photo
One issue is the spread is fairly large
there is 54 million shares on the ask which is nearly $22,000 thats a lot of stock to move the ask. Other side is there are 35 on the bid or about $10k. Curious what it would take to get through $.0004 and $.0005
Thanks - any idea on why they have not moved to another plant or is there no other plant in the area?
So the company should not raise money to grow?????
Cite your source? I remember something they posted that the next conversion date was the end of Feb?
I have not been following LSTG that close since the ASP push. What are the problems with the Mexican facility?
should be interesting the next couple of weeks. Asher has about 6 million left then they are done till the end of Feb (I think). Should be interesting to see how the stock trades then
I wonder if the $1.5 million will be just for Peru?
InvestorMagnet - dude that's not cool. Just use facts since they don't have any to support their claims.
Really you are saying there are billion of shares outstanding? Interesting - how did you determine that?
I bet you the outstanding share count is between 375 and 390 million - willing to put say $1,000 on it?
I am tired of people making up facts and passing them off as truths - I would like to see where he gets 2 billion
What are you talking about? What is 2 billion?
looks like the Company found something outside of Asher
I did count them up - the 4,364,500 was below 2 bids when it went though so then you know it is a true up between brokers. the big blocks add to about 4.1 million and that leaves around 279,000 account for somewhere in the rest.
The 4.4 million trade is not considered a short transaction since the selling broker (aka trader) is selling shares on behalf of a shareholder's broker. Once the trader sells the shares then they do a outside the market true up for the total number of shares sold during the day.
You use the term naked short but not all shorts are naked. Most market maker borrow the shares they are selling short and therefore it is not a naked short and won't be in those reports. There is usually more normal shorting than there is naked shorting.
The 4.4 million true up is what Asher sold today from the 10.4 million that they converted on the 7th leaving them around 6 million to convert.
If the Company can move on from Asher that will be a positive but they still will need capital to grow just hopefully the terms will be better.
Here is a good example. Look at Santa Fe Gold - their stock price has dropped a lot in the past year but the Company's revenue have grown significantly each year to now around 11-12 million. So based on your idea of just looking at the pps the company is a failure but to management the company the company is growing. As their revenue has increased over the past couple of years you will see the financing terms for the company got better. But they are in the same position as Graystone - they need cash to expand.
It is interesting to see a OTC stock without a lot of ihub chatter. Trying to figure a good entry point. I like how the revenue has grown but their cost have gone up to. Need to pencil this one out.
I would never tell anyone what to do with their money and your previous question was about the stock price - guess it is hard to keep it all straight.
Regarding the stock price - not sure what the fix would be since it is not a simple answer.
I don't believe the management of a public company should care about the daily stock price or its movements. They need to take a longer viewpoint - which is always the conflict between management and the public shareholders. Management needs to look at the future and the stock market wants instant results. It takes time to build a business. The problem right now is the company needs to grow and the company needs money to do that. As a result they need to issue shares to get the money to grow. So, hopefully at some point the need to issue shares decreases and the company will continue to grow. Stocks are just like everything else that are bought and sold - supply and demand and right now there is more supply than demand.
But, I think this is one of the few OTC companies that will make it unlike the companies that I have traded like Vumee, World Moto, Broadleaf and lets not forget Pub Crawl.
Volume has begun to pick up - any news?
I do have to say I like what the company has done over the last couple of years hopefully the growth will continue
Yea but I wonder when the revenue will be coming in.
Maybe because they are busy working to grow the Company.
It is a true up from Asher between 2 brokers - has nothing to do with retail shareholders. It is Asher selling to the shorts on the bid.
Sorry but you are wrong - do the math: 1.4 million + 1.3 Million + 1.7 million equals 4.4 million. Funny how that works out. It is a true up from Asher's converison on the 7th - it takes them between 4-5 days to begin selling and what do you know it is the 4th day. It is not hard if you pay attention
The shorts get filled all the time - who do you think put up a 1.7 million share bid?
It is not 9 million - the 4.364 million is a true up so it gets account for twice in the volume so its like it is 8.6 million but really it is the same 4.364 million shares - it causes a double up effect
It amazes me how wrong you can be - losses big???? No conversions - Asher just sold 4.4 million shares from the previous conversion and the stock is up!!!
I am positive based on the previous trading history of Asher here and everywhere else. How can you not figure that out? Plus the trade is below the bid so it has to be a trade between two brokers outside the market.
Seriously - did you just start trading? It is obvious it is a true up for shares Asher sold today.
It is not tough - you keep saying you are just repeating what the company said. So they said 8-12 weeks. Yes or no.
Let me re-ask the question then: are you in for $10,000 that Graystone's Suriname project will be in production in 3 months then?
So then are you in for $10,000 for Suriname to be in production in 3 months then?