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By the way, I am obviously not a shrewd investor...
I'll catch on Skunks posts tomorrow. I've read all the recent posts on here and do find the concept interesting. Losing a little bit to make back what I lost on this "investment" would be worth the gamble. I do appreciate the reply.
Nobody, seen you on this site for years, and regretfully ignored your insight. Lost money, more than I'd like to admit. I go back to the VRDM days, and as a result own a "whole" share of GERS. Having said that, I am a bit of a gambler... saw your reference to craps in an earlier post which is my preferred game in the casino. I see there is another split on the horizon. Would picking up $500 to $1000 at .0002 pre-split fit into the gamble? As I said, I don't mind taking a chance for a potential payoff.
Actually debating if I want to pick up some more in this range. Like the trading. Maybe this is going to do something.
Very informative, thanks!
Agreed. Amazon comes to mind. Online is the future it appears. Ask Target, Sears, and JCP. Would really like to see this take off.
IF they start bringing in revenue from mining, this will be a totally different stock as far as pps.
In total agreement. Like the way we're seeing some trading and want it to continue. I was, to say the least, disappointed the physical store situation and took that as negative. Surprised to see a somewhat positive reaction in the pps to be honest. Considering the float, I have a pretty good number of shares and plan on holding... good or bad, for a much higher price. Let's hope this continues!!
"Much" higher pps would be welcome.
Any thoughts what this could run to if it does run?
Not I. Had it a long time... want to see what may happen.
Just curious as to why?
So, another year gone by with big plans and nothing to show for it. Is that about it or am I missing the big picture or something?
Hopefully it does continue. It would be a very nice thing.
And if the SEC decides the claims are false?
So this will be public record I take it.
I understand current AS have. I'm not worried about that. There needs to be some statement that they can fund without conversions. Just saying. I'm in for a few. Feel good if no share increase...
This won't do anything until there is some assurance that the dilution is over. If that is confirmed, it should start rising... until then, it's a big risk.
If you've never been in these type of stocks, you shouldn't start. Your charts won't work nor your fundamentals (they don't exist yet). Either Warren is actually trying to make this a company or not.... it's a total gamble. I've lost and made money on these. GERS = ceo not reputable in my opinion. RHCO = CEO trying to build a company. If there's ongoing dilution we're screwed (GERS). If he's building revenue and making a company, that's good... RHCO. Honestly, you throw your money in a penny, it's a crap shoot. Don't sweat the swings over days. Assume that investment is gone, and it's possible you may be pleasantly surprised in the future. If they actually start attributing revenue to gold production as some point, that could be big. Let the man run the company...
I have bought in for a few shares. Some questions I have are: 1) What are the plans for the share structure. There has been dilution, but are they planning more? Will the revenue expected offset the need for further dilution? Will the timber contracts sustain the business? 2) what is the expected profit margin on the revenue? I did some cursory checking and have seen a variety of numbers up to 15% 3) is the company pursuing additional permits? If so, what's in the pipeline? 4) what is the potential for the mining component of the company? Are they actively mining? PRs look promising, but if nothing gets extracted, really not going to contribute to the bottom line. Always scared of pinkies. Been burned and have actually done well on some. CEO has to be honest and not a crook and have a vision and some savvy. Hopefully he falls in the honest category.
Hey CoodB and thanks! Hope all is well! I've actually been keeping up with this site but just not had much to say lately. Things seem to be moving in a positive direction. Would be wonderful if they can actually start generating the revenue you mention and possibly make a profit. Will keep on watching this thing evolve.
An old timer here back from the Beacon Light days. Any idea what this may get to on pps?
Nice to see the bid go up... and at least some buys.
Becoming apparent it's always the same with these guys. Always xyz by some date and nothing. I have stocks that are up significantly and had I sold this bs and invested in those, I'd have more than recouped my loss here. We need a statement, a plan, a timeline and they need to deliver.
They need to do something. This is honestly getting old.
Hamp, coodbmoney, aduke. Any clue what the thought might be on a pps based on the latest developments? It seems like a major step up. No idea what this means to the company as far as stock price though.
The acquisition seems to be rather significant. Assuming it's not just pump and dump day traders, seems like there are buyers out there. Does this move them to another level? I've obviously been impressed the last few days with the PPS movement, but will it maintain and move up?
I have 550,000 shares myself, so someone is selling shares. If they're selling on news, they're obviously not impressed. Been holding this a long time... maybe too long.
Not really excited, I just find the trading odd. .022 to .07? Big swings.
Same here, I could find no news or filings.
What the heck was up with this today???
Do they have any price target they're looking for? It got to .25 at one point years ago.
Totally in agreement Hamp. Seems like a lot of promises with nothing delivered. It is very disappointing. I thought this was a "different" penny stock, but apparently not.
Ah, gotcha and thanks for the clarification. I did read the note, but it didn't click. Is there any significance to the slow delivery?
Why would you short a .02 stock unless you expect it to go belly up.
So what are the thoughts? Is this a cheap price for the stock? Expect a PPS rise or no?
I agree with you Hamp. Patience is growing thin over here. It appears my money may be better placed than here.
Well, let's hope he can do something with this sick puppy.
Enjoy that Hamp.
It was good to see "some" trading today. Guessing nothing will happen till after the first of the year, but the company really needs to get it's stuff together.