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Partial fill. Now moved rest up to .021. Will wait and see. May take out .025 offer.
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"They cleaned things up in August 2016 some, but that chunk of debt owed to Longview by Sileas/Optex was still out there as I repeatedly say so I don't understand the thinking of an investor before June 2017 unless they had a really good handle on the relationship/thoughts Longview had on Hirschman/Sileas and Optex's future and how that large $13+ mill debt was going to be settled."
There in lies the crux of the matter. Fire doesn't want to take responsibility for poor dd. You waited until things were straightened out before investing while Fire did not. This is typical on message boards. People would rather blame management than accept a failure of doing proper dd. I suppose these guys could keep trying to screw investors, if that is what they did previously. But, they take the chance of being sued and losing everything. If they were crooks, my guess is they would move on.
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Anyone know what the 20million share trade at 3:59 was all about? 2/3 of volume. Someone cross the shares?
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As to your first point, I joined back in Oct last year or just before. I sold at .20, .17 and .13. Kept some and later bought back more. So cost is close to nil. It is the constant pump that has me fearing the worst. It hurts credibility to see so many delusional posts in spite of the facts. No one seems to realize that the extra shares monthly are adding up and it will create market cap problems when people look at p/s. The constant delays are one thing, and I know that it happens, but the excuses from posters troubles me. I truly don't expect anything this year but do hope that there is a January effect in 2018. Not that PT is going to stop selling but others with a tax loss should. But, again, with the number of shares out, they will really need to mine a lot of gold to make up for every penny in stock price appreciation. For now, I am content to sit in bleachers and watch game. If they stumble upon gold and can sell it maybe I move behind the plate
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From your lips to God's ears.
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I have been instructed to change to 2017. But, I am going with 2016. I feel it has same odds of happening. Hope they prove me wrong. Sorry, Iceman. A commitment is a commitment.
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Yep, first pour before Christmas 2016. Bet on it.
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How exactly do you see this as best of breed? A whole year off on first pour? Hardly a confidence builder. And, how many shares out? Close to a billion? Spin it however you want but this is nothing short of underachiever. All the posts talking about how rich we will all be are sad. If they do actually produce they will have to deal with way too many shares out. So not sure how any one can say with a straight face that this will ever pay a dividend. But, I continue to hold, if for no other reason, to stop by here and see the posts.
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Oh, good. Another round of free shares for the insiders. Not sure what they are doing to deserve all these free shares, but must be important.
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Geo, can you make any sense of news today. Seems like a boatload of shares represented by these people. But, can't figure who owns what.
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Ecomike, very exciting to have such an accomplished new board member. However, he did not write book, but rather was one of the 12 selected as best traders in world not working for a Fund.
Geo, congrats and in reference to your question I control 420,000 shares. I am also bidding for 50k a little lower than where we sit.
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Thanks, Geo. Will look into.
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Wondering the same thing.
True dat. And, that seems to be prevalent in a lot of companies, not just gold miners. More and more management teams are emboldened by the lack of nuts by the SEC. There have been a bunch in past few years that I was involved with that seemed to be more interested in using company as an ATM than making profits for shareholders. Also, some very strange moves regarding buyouts. API, MEAOF, OCAT, QDLC, CYTR to name a few that have acted against shareholders recently. But, with the SEC either understaffed or inept, they have Carte Blanche to steal from shareholders. So goes life.
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Very true. Unfortunately, the powers that be make too much money fleecing us sheep. At some point maybe they will be on the same side as us. Till then, manipulation will be the word of the day. Does get old though.
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I don't think many of these posters get out much. Columbia isn't the country it used to be. Many consider it as safe as Canada or US. But, I can see why shorts are getting nervous. If Goldman ever lets gold run we should see $1600 easy.
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Agree. His picks are consistent, maybe not 5 or 10 Badgers, but definitely solid. I trust him.
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Well, first off, to say that a flood of gold is coming may be a bit optimistic. First pour in Dec 2016 is the first clue All is not well there. Second, someone is selling every month. The president. Now, if you don't believe that vndm is representing the president, then who else is selling every day? Who else has that many shares? Maybe some bull on this board is selling shares he bought sub penny? Frankly, you don't miss by a year on first pour without something seriously wrong taking place. Is that to say they will never show gold? Hardly. But, the confidence shown here is over the top. Which makes me nervous.
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JTrox, vndm wont leave till pres stops selling. He sells through them. Only logical explanation for vndm constantly on offer. No one else has that much stock to sell day after day.
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Just joined in. Bought a bit to get my toe wet and will continue to accumulate as money becomes available. This has been a pick of Steve Sjuggerud and his True Wealth newsletter for awhile now. I finally couldn't take watching it go up month after month. They seem to have their fingers in many pots in Asia, so it could be fun. GLTA
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Well, not sure anyone reads this but thought I would share a little from last Report from SIMA. Thanks to Dan from NoNameStocks, who emailed me the report. Dan may be the only other guy to read this but here goes:
Revs over $22 mil, up about 8-10% from last year.
EPS of $.66 similar to last report.
Book value up to $7.76 with cash and cash equivalents of $4.80 per share.
All I can say is wow. I am hoping the company will eventually do right by shareholders and give a dividend or take it private. Eventually something good should happen. Only gets more expensive the longer they wait.
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I own warrants, so not nearly as much invested if owning common. And I don't follow that other company, did you rec'd it here?
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It is my understanding that they have to file once they cross threshold. Could they not have had it for years and bought enough recently to cross the 10% ownership line? Maybe this is start of a buyout? I guess all will be revealed in time. In the meantime I get a great dividend and a play on military budget.
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I guess I am not catching on to what you are saying. Because they haven't had an 800k day that company couldn't have owned any? Or sold over the course of weeks? Not sure what one day has to do with this.
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They bought in open market, I would think. That is how I got mine. Doesn't seem wrong to do.
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I sold this long ago. But stop in now and again. Don't even follow Luna. Too many bad memories.
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Not many comments on Q. Doesn't take much time to see zero revs and zero loss. The latter helped by close to a billion shares out. Now, back to waiting.
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PS did not see any listing for gold in inventory nor anywhere else.
Jmat, did you see wshaw14 post. Keeping it alive to collect their paychecks? That remind you of any companies in Ann Arbor, Michigan?
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(Ace, on other board)
No one commenting on another profitable quarter? I thought report looked great for a .03 stock. Just keep adding to book value.
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True. One that should be in yellow on the side, saved.
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I take it as good news. Statement of ownership seems to say they have accumulated over 10%. Seem to be buyers. What's not to like.
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I just think it is bogus to not announce anything. Did they win any bids? Have they got any q's audited or at least ready to put out? I don't need three q's to come out at once. Just give me one a month till they are up to date. How hard can that be? And, I find it hard to believe there is no news whatsoever to release. They had no problem getting proxy material out on short notice when their jobs/income was on the line. We played by the rules and now it appears that it is business as usual. I stopped accumulating because they seem to have gone dark now that they got what they wanted.
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Hoping yesterday's buys were related to someone knowing that a PR is imminent. I am tiring of the wait. They have a responsibility to shareholders, dark stock or not. We are still owners. We went along with their games in July, August, so now time to back up what they said. Get us numbers and get us updated.
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My last call to them indicated they would announce some contracts and earnings reports in Nov time frame. Some one apparently found out also and is frontrunning. Can't blame them, I did same after getting off phone with them. They continue to get busier.
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So to get div one must be a shareholder till 11th, correct? If my math is right and no weekends, ex is 3 days before record date. If it goes ex on 11th, then it can be sold that day with dividend still mine. I think.;)
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I believe I saw the 14th as record date so ex should be 11th. Have you thought of next move? One that I have been reading up on is BKEP. I would be interested in your thoughts.TIA.
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BB, might it be PT with his sells? Haven't noticed any recently, he should be due. That is what I am going with.
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The report that was supposed to come in early Nov has been delayed. Now a preliminary in Dec with full report around March, I believe. Gave me a chance to get some at .255 just before it went to .20, but seems to have found its range now in .25-.26 area. Not sure what is happening in South Africa, but that was supposed to be Dec time also.
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When do we go ex div?
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Over on Seeking Alpha a guy figured $13.85. What I am curious about is divvy. DK has a 2% div. WTH? Are we going from a sweet div to 2%? Jugs, I will leave this to you to figure out. Time to earn your keep.:)
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