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A2Gems.. how can you continue to make blanket statements without facts to back them up..
"Investors are more interested in Canada and not Ukraine"- how do you know.. seems to me the price was kicking butt with jut Ukraine news and a lot of vol with it so unless you have proof, why keep making false statements.
The point is no one knows what investors are interested in but right now it cant be much as they are not will to pay over .04 for the shares right now - so come on and stop this.. Use logic please. People do not believe everything they read - from your posts, mine or anyone else. they do want extra information to form an opinion and these blanket statements without facts dont help. If it is your opinion that state so and why (that is what I do when I think the price or activity will change and I state why I think so.. but again I say it is my opinion).. This is a pinksheet stock: hasnt filed with SEC, dont know full disclosure of financials, stock outstanding, current cashflow, debt, operations etc.. so no one knows the facts on it yet.. and if it is taking so long with auditors doing the financials, maybe Walter doesnt fully know yet either so how can you?
Christian. No one likes to lose money.
The job of mgmt is not to the shareholders but to shareholder value. That means return and long term value. I dont think Jeff Immelt at GE would worry about getting GE stock over $32 in next week irrespective of where the price heads in 1 month. People are not crying at it sub $30. Nor do I think Jack Welch would have worried about 1 or 2 shareholders complaining.. he had many when he was cutting staff and got rid of their main product in the 80s.. and he has gone down in hisotry as the greatest CEO.. What about Lou Gerstner admitting flaws with IBM and changing focus of company to service.. some analysts and shareholders freaked like you maybe if they didnt get the big picture.
However, I hear you on the fact that mgmt doesnt have the history or cushion in their pps (nor the investor confidence) of real proven success.. It is a penny stock right now.. Walter is well lets say middle aged.. if he was a Jack welch, you would have known about him already.. Point is, can he find diamonds and will he not drain the cash position in doing so devaluing the pps as more shares entered into market.. Hopefully, if good PR, value at hand and maybe strategic alliances/partnerships would be in order and all is wel.. speculation is great - acting like a cry baby isnt
fyi- just posted this on spinbull.com site as well...
Notice.. the PPS is actually green for first time in a few days..
yes green. Hopefully Green means go here to.. I am watching it now to see if we start to get that late momentum pre-close..
one strategy may be to start it going positive preclose.. get MMs to buy after hours even higher and premarket so when it opens it will be a lot higher than today..
Also, thanks Prince for your compliments again.
Prince.. that was my point on a runner..
many people will have your mentality and that is why I think it may run as you wont have that 50% sell off for a while nor will you have too many investors making 100% returns for a while so it could move quick...
Why I think NSDM will be a runner!!!
Compare the price and vol history to other penny stocks..
It has been dropping for a few months.. most current investors are averaged at say .05-.10
Also, it hasnt had millions of shares (traded at the .0005-.03 level.. - a few million sub .03 and .04 in last few days..
That is why I think that if good news.. you wont get the panic quick profit taking because you dont have hundreds of investors selling for 100% profit every time it goes up .005 like you get in other stocks that have had heavy trading sub .02
most people will be looking to make money.. Longs will enjoy and hold, maybe sell some for recovery of some cash and hold others..
Profit takers will still be looking for ..07+.. which is why if we get a runner with heavy vol and higher movement (If MMs control, it will go up by .005 or .01 each movement).. so it may get a dip or two to shake and scare people into selling before continuing up.. I think it has that runner potential based on this reasoning right now..
End2war.. about PR
If the PR was not out last night then it wouldnt come out pre 12:00 est as they are on the west coast.
Their history of releases show something - in order.. look
times were as follows...
4:06, 4:35, 7:53 am (but repost of prior day at 4:27).. 9:31, 9:26 - again repost of prior day 4:09.. 4:10 and then 12:25..
I am hoping that it is a westcoast morning PR which means the 12:25 time approx.. that would be a good runner release..
so I am watching from about 12:00 onwards (i.e 15 mins) until 5:00 today- if not out between 12-1 then it will probably come after 4:00 IMO
Bludthirsty.. not a complicated question is it? forget their lingo.. the guy is asking..
are you using Internet explorer or Netscape?
if you dont know that, then you have a problem.
Timespastagain- Good PR
Like I have been saying.. PR needs to be quantitative.. How many micro diamonds.. size.. any macro.. size.. where.. dispersed.. how will that affect next stage for samples and drilling etc..
so people can try and value the Ukraine site via potential.. not just indicators, looks promising and we will drill in spring.. etc. etc..
I am not the mining or diamond specialist here.. leave it to others to tell you what is of value.. at least Christian was trying to say 50 microdiamonds etc.. is that good or bad.. maybe someone here today could post what is a good indication from a quantitative view point.. that way when the PR does come.. we all know what it means to us before having to ask on the board.. i.e Be prepared.. Anyone up to posting it here?
Lightbulb.. no the feeling that is what I had mentioned..
Back up points with facts.. not crap.. That is why I jumped on Gooddoc as well getting on Oyz's case when he always had solid info.. Also, Gooddoc stated he bought Microsoft in the pennies when the IPO was $26 and never went south.. see my other posts..
I commented that A2GEMS seems to be going that way too.. he is an author, Gemologist, and 5 other professions.. and lately he is getting rude.. Calling people White Trash (that is racism people.. who knows any of our backgrounds etc.).. Just keep it to constructive info and if we have to go to personal stuff I hope it is like the comments of Lightbulb here or like what I stated about Gooddoc.. not to be personal but so other readers can recognise the value of their posts..
That is why I said about Christian last night.. On spinbull.com you make a price prediction and his seemed reasonable.. .05 in 5 days and .20 in 50 days.. not this $50 in 2 months etc etc..
spinbull site...
I was on there yesterday with Christian, Mtorian and Sorta..
I found the board by searching board by ticker..
once on the board, there is a button that says post message.. so you can do that.. also, a follow up message (same as here.. the reply to post one..).
As I said before, I am an info junkie so I scan these boards for info.. They havent really had people posting on their boards yet - I think it just started yesterday?). It is good for other info (quotes, Level II, Real time ECN and a lot of other things).. But NSDM info doesnt seem to come on the Level II bids and asks .. I have noticed that on other sites as well.. Some other Pinksheets stocks do.. I think that Dan said that it had to be 6 months trading first for seeing MM IDs..
Anyway, it was a bit difficult to figure it out because there is a lot of stuff there (like automatic memory or recent boards, hot boards etc).. and finding your way around is a bit tough at first too, but once you get the hang of it, no problems..
Any way.. back to my prior posts here.. anyone think that this looks like a runner? not as volatile yet 3 mill shares traded.. I think if PR is good (remember and quantitative) it will run..IMO
I agree with Mtorian..
Christian sometimes gives info (usually PR stuff) that tells us something.. Dont play the other games with him that is all..
And A2Gems.. lately, i find that most of your posts are actually heading that way.. please cut the crap and talk shop here...
other than the initial price at the gate.. people have just been talking junk again.. come on..
fyi- 2 mill shares in 30 min and up.. this is like what I was saying.. MMs dont know when the PR is coming out so they cant play around as much.. a bit of confusion to them and normal investors are probably all watching screens like us.. to see PR and a runner mentality..
lets face it a .03 stock has a greater potential of getting new investors when it starts to run then one already starting at .15 - many people think that with a penny stock.. when it starts running, if they get in before .10, they wont lose initial investment (esp if vol is running in the 50 mill+ range which this has the potential).. I think this has been manipulated to be one of those movers so be ready..
Look at history of the last few, AGIS, BNKUZ, etc.. even snnw (was .004- ran to over .10 and then back to .03 now).. AGIS and BNKUZ went up in 100s to 1000s% and then corrected but still way higher.. This may be set to do the same.. Why not? If everyone thinks that MMs manipulated to drive it down.. of course, it would be manipulated to be a runner when the chance comes.. this has been trending down for a few months.. the classic look of a runner right now IMO
Christian .. how do you know this now when it is only 6:30 am on the West coast?
or are you commenting on yesterday still?
PR should be out today (I still think they like the afterhours announcements).. but they have done some ones mid day.. who knows..
I guess it is tough to leave the computer today.
Everyone.. about Christian..
One thing is for sure I think that Christian is still supporting the stock and wants it to go up like the rest of us.. (not a basher- just frustrated).. we did retract his statement on the spinbull.com site but even more interesting..
on that site you have to make a price prediction to post and guess what - Christian's one week price prediction is .05 and 50 day (medium term) is given at .20
He obviously believes in the stock over that period with these predictions.. (a basher would be stating .01)..
Even my predictions on that site for NSDM are .08 (.06-.08) short- 5 days, .20 and .25 so he is not far off from my thoughts..
And I always said that we should add value.. Christian always let people know when a PR was coming (.. it was all the rest of the crap that we could do without)..
fyi- all: I told you Christian retracted today at about 5:00 pm..
we were using the www.spinbull.com site while ihub was down..
I cut and pasted his message from the nsdm board there below:
NOW THE PR IS WITHIN THE NEXT 24 HOURS...Walter thought that Judy was finished, but she is still working on it. WHAT WAS SHE DOING ALL DAY! I'm sorry, but a lot of people (including myself are losing A LOT of money here!!!) Get the PR out...you owe it to the shareholders!!!!!!!
Prince.. fyi- we carried the conversation over on www.spinbull.com while this site was down..
Christian posted on the nsdm board and said he expected it in 1 hr.. then after an hour retracted saying it will come in next 24 hrs.
email news and PR is distributed the same time...
the info goes via PRnewswire I think...
Here is a good tip..
usually there is about an 8 minute time delay between Pr or business wire (ccn mathews) and cbsmarketwatch. So if news is released during market hours.. that may give people following that news site.. a few minute edge...
Diaper- so you are saying it wont come out until tomorrow
and based on nsdm track record.. probably cob tomorrow..
wonder what that will do for the price.. look it dropped .01 in early trading today.. on similar situation as far as the market was concerned... another day might really bring it down..
ok- this site goes down in 25 min.. any thoughts..
hey.. lets use the new site Mtorian and i joined today.
spinbull.com site until ihub comes back up..
I would like people's opinion on what the PR may mean for tomorrow once it comes out..
Last 5-10 minutes may show direction it is heading..
lets all keep an eye on the movement. pre-PR
Dan- do you think we could have an update on schedules (ie. above) as these are from the Oct 16th Pr and are a bit dated.. it would be good for newbies etc..
and people like myself who want a quick scan..
thanks
Deann.. thanks.. but they are just that - thoughts and opinions..
Logically they make sense.. but many things in the markets dont make sense..
I follow many big stocks- one CMTL is making their earnings release tomorrow- they were already 7% off their high.. they have dropped $4 today and down at $28 which I think is a steal..
Point is lately around earnings time, stocks tank even when positive and seem to go up 3-20 days later? tough to figure out.. CMTL has had the greated EPS and Rev growth 2003 and predicted for 2004 as well (440% EPS growth last Quarter and predicted 357% next quarter..).. so why now 10% off high when super- that is why they are thoughts.. overall it should go up..
NSDM- quantitative data that is solid and same (hopefully tonight.. so far my predictions seem to hold.. I hope I am right from tonight onwards)
Mtorian- I joined it ..
it was www.spinbull.com
Looks like it died off for lunch...
That is a good indication that there are not many playing with it.. and normal investors like most of us.. wont budge (ie.. stupid to sell at this price) and wont get more or back in until they see the right movement.. Like I had predicted.. it would be as low as possible and I would not get more until I saw very good direction (ie a runner) based on PR.. or just before PR..
Then you want to catch it right..
I think others are thinking the same..
yes.. they may make 2 or three waves (dips etc) if they think they can get the vol and recover each time..
It will be about their thoughts on ability to control..
I am not an MM so I can only speculate... but they have already cleared 11 mill today..
notice price is almost back to open...
now .0325..
It all seems to fit like I said before.. get it as low as possible to acquire as much and then start to turn it around before the PR as late as possible...
I think PR is at 4:05 pm today.. and if quantitative and very good.. it will open a lot higher than close
acquisition is done.. waiting for PR.. and slow ride on pps
Price and vol..
From what I see.. the price has been moved back up on only a few hundred thousand shares.. (ie. it costs someone an extra $1-$3 to move the price up after they acquired a few mill..
This is first good sign.. heavy acquiring and a bump up back a bit in price.. now for them if PR comes out bad, it still gives a bit of a buffer, but if good, they already started the built in premium.. and first asks will start above .04 or .05
Dan/Spaniard..
Do you notice that the price is back up to .03.....
They did what they wanted... 9 mill shares traded with many under .03
Think of how much they can earn when they jack it up.. They will push this up this week.. Great PR will make it really move.. ho hum PR and MMs will move it any way for a recover (that was the .08 I was talking about but I thought that it would bottom at .04 not .025... so maybe up to .065 on avg pr..
Remember what I said last week.. MMs would try and get this as low as possible pre PR.. that way they make way more on the run up!!!!
PR needs to be tonight...
I think it will and as stated.. it needs to be quantitative.. if so and good then it will go up big time.. if not it will just tank
Back up statements with info and facts....
like Microsoft...
check out their site and see price history.. look at ipo history..
http://www.eu.microsoft.com/msft/FAQ/faqstock.mspx#when
the price never went below 100 value of ipo.. it hit 1000 at March 90.. and 10,000 at March 97...
Please people.. state facts.. add value and do your homework.. especially if you want to BS to people who actually know a few things...
Price is .035.. I have broken my rule and the rule for investment success.. Read IBD's 20 rules - Number 5 is cut every loss when it is 8% below your cost- Make no exceptions... this to avoid huge damaging losses and never average down in price.
With NSDM.. you are breaking rules 1,2,3,(5 if you bought above .037), 9,11,12,13,18,...
OYZ is obviously frustrated like all other investors.. this was a risk percentage of the portfolio.. anyone who did more does so at their own risk.. Is there a chance that the value will go up- of course. However, like Oyz said, there are many stocks that are going North every day.. and even Penny risk stock - there are stocks that go up over 1000% almost every day if you time them .. who knows maybe this one will go over .35 (that would be 1000%).. but money can be made and you should never live or die by one stock if you are an investor.. if you are married to a stock, company etc, then that is up to you..
I am not bashing.. I have not sold my shares (and as stated, that would be foolish at this juncture).. however, if next week is a dive, and no value ... then, you all be the judge for yourself
Quit B***sh**ing.. Goodoc... Microsoft IPO in March 1986 was $21
It was never .52...... ever..
and you obviously have not followed Oyz's posts.. he is actually the opposite of a basher or unskilled.. and he does his homework...
Use common sense.. stop the pumping and lies...
Prince.. by guess is as follows:
The MMs are anticipating a solid PR after close on Monday.. ie. 16:05 etc..
That has been the MO of NSDM for the past few months on pps affecting PR. Therefore, I think the best is to view the activity Monday pm however, it may start earlier - maybe a bounce back to .04-.042 late today.. Based on timing to set up PR (if Walter is not working weekend on it- ie return travel etc.. and they are on the west coast.. it wont come out until Monday after close so I would expect to see it as low as possible until after today. If this behaved like a normal stock, it would start to rise in anticipation today and at the very latest at opening bell Monday already 10% above friday close for opening bid... lets see...
Anyway.. 2-4 trading days and news should be out on Ukraine..
We have waited long for this.. it was suppose to be 14-21 days from Oct 16th PR.. so that means we have waited more than an extra month.. that is why the price has slowly deteriorated (of course there has been manipulation as well)..
We have talked about many different things in that time.. I have stated my peace.. now I will wait from here..
I will continue to read but I will not post any more until PR as there is no point (imo) until we see the results (I dont think I can add any further value until there is quantitative data) then I could help with the anlaysis etc..
I will leave it to people like Dan, Mtorian, Prince, Drs.. etc. who have posted info and hopefully, from all your hard work, we will be the first to know the score.. thanks for your hard work.
Dan... there is zero vol on DGMRF (OTC BB) but not on the Vancouver exchange.. Vol has been approx. 400k the last few days.. potentially it is because 65% owned by institution so you dont have the dump mentality on 35% of stock with less than 1/4 of the shares outstanding as NSDM (even less when you consider 35% of. 1/4 so that gives less than 9% of the shares trading.. Based on that, it is the same equivalent of NSDM trading 4.5 million shares per day vol.. Based on that, when demand starts, less inexperienced people with itchy trigger fingers so the price should go up..
My point is at least you know more details than NSDM.. how many diamonds in the ground, no institutional investors currently, dont know their financial situation - for example what is the shareholder deficit on NSDM's balance sheet.. How much per share are we up or are we in the hole?// You don't know and wont until March. That is why you need quantitative data.. fyi- you probably dont know cost of min or cost per ton as they are only in their 11th week of production so no quarterlys filed telling that info yet...
SSSSS- why would you cut your losses now?
Even if the stock dropped another 30% in the next two days when you know that info is coming out early next week?
That would be stupid.. if you sell now after holding on this long, you are guaranteed a loss (period)...
If you wait until next week, you have good odds of a recovery..
hmmmm, lets see guaranteed loss, or wait 2-4 days for a chance of profit (after many have held for 2 months ???).. who are you talking to anyway..
Oh, I know, someone dumb enough to sell at .04 back to someone who sold it to them for .07-.15...... and will try and sell it back to them again on the way up next week somewhere with an opening ask of .07-.10...
Everyone- use common sense and think about what this guy (or informer or whoever he is) is asking people to do.. have to ask yourself why?.. so he can resell it to you..
geotec- I have played St. Andrews (the Old Course)... in January and shot a 91..
not bad for the weather..
I have played a tourney at Wentworth- it was in Surrey and I lived in Surrey when I lived in the UK...
SSSS- I think you didnt see in my posts.. I said quantitative data (or nothing at all).. If after the analysis, there isnt any solid quantitative data to advise, then, where do you mini-bulk?.. get my point.. it is all or nothing in the PR. If there is solid quantitative data, then, optimistic valuations and estimates can be speculated and an understanding for a price rise... if not, there is nothing there to substantiate and hence, my point.. That is good news or bad (any PR other than quantitative signals bad in my opinion).. I expect good or Walter would have already known the negative results before his trip and would have decided not to go.
Get my point?
SSSS- r u an idiot?
or take off one of the s's...
News is not just news..
I guess if a sniper or serial killer took out your entire family, it would just be news (not bad).. or nuclear disaster likey Chernobyl (just news..NOT)
come on buddy.. at least say things that make sense if you are going to waste our time making us open a post to read things..
We do need positive Ukraine info..
Christian is right (never thought I would say that)..
I may have been too aggressive about a price prediction of .08 by end of next week without PR.. Even if MMs want to get returns.. they may be able to get it over .06 again with manipulation. However, when you compare the stock to competition, you need to be realistic..
Currently, with 620 million shares outstanding, to get a market cap equal to DGMRF... (DGM -V).. you would have a pps of .072..
That would make NSDM on equal footing with a company that already is on the OTCBB, CAD exchange, files with SEC.. has an operational mine and has over 60% owned by very reputable institutional investor (Dundee)..
Think of it as an investor, NSDM can only be considered stronger than a company like DGMRF (which I think is going up so market cap will be higher.. so pps of NSDM if comparing, could then be established higher as well), if they have a better product. To date, info is not showing us that. That is why I said we need quantitative data. I hate to say it but Ukraine can give NSDM that now.. Canada will not provide that for months.. so for PPS to go above the .06-.08 mark before March or April, I think Ukraine is the only thing other than reducing the outstanding shares and providing transparancy on financials (which isnt until March by the last info provided)..
So.. based on that.. come on solid quantitative PR from Ukraine.. Personally, I think it is coming or the guy wouldnt be there and pushing operations there any further.. I just hope that they have common sense to release the correct PR on Ukraine results from the beginning (ie. quantitative - no of diamonds, size, quality, potential etc)....
Dan.. I do think they have bigger plans..
But they should have a COO or CAO to manage operational issues (even a temp/contractor).. They could subcontract out the website work and it could be done in 2-3 days max .
Sorry this is just me with my business exec hat on.. No matter how many issues you are dealing with and multi-tasking, an effective CEO must consider operational issues esp if it pertains to IR or performance/profitability.
The guy is stretched here (Walter).. I have been there before. I grew a mgmt dept in equities from 2 front office and 1 finance and 2 it to 21 front office (mgmt- globally), 55 regional CFOs, and 30 IT.. I was doing it all at one time so I know you deal with the big issues first (OTC BB, financials to be completed, directing the analysis and drilling to the correct areas, managing IR, formulating partnerships with big players (in multiple scenarios- which actually takes up more time than you think).. that is why the guy may need some help- ie. VP Strategic Business Devpt/Partnerships.. COO/President..
CFO- to deal with listing, financials/audit.
Lets face it, this is not a mom and pop variety store here.. the guy has floated the company and brought in a lot of investment funds.. again.. just my thoughts.. You can do it all so he should get help and keep his focus on the right areas for the CEO (have other key employees do these other functions).. and I hate to say it..he shouldnt be talking to penny investors who have $1-20k in his company.. He should spend his time the correct way and defer/delegate to Judy or whoever.. seems like he needs to delegate more..