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At the end of their 5 year plan perhaps but not now. I believe around 30 cents should be book value max when they are just getting off the ground
Means there might be quite a few people on the sidelines waiting for actual merger to be completed.
I agree, many schemes and distrustful actions. But that’s why DD is important. Looking at Xu, he’s made many people rich, but doesn’t release news himself a lot. Mergers take a lot of time and no communication can cause a lot of people to bash or say lies and people act like it’s the company saying it. It’s not. But when Xu and the company say they reached an agreement then it probably happened. Again, if not then it goes down. Either way, I’d hold this for a couple years + to get the dollar benefit. Not bad if you just let it sit.
Nope, then it goes down because the trust lessens. Xu rarely puts out dates he doesn’t achieve, it’s mainly other people projecting their opinion. It’s a risk like every otc stock. Either get in now because of your DD, chase something already going up, or regret you didn’t get in. Kinda the way it works. I expect this to go to .10 fast though. Friday if new is released in the am or Monday if it’s During the weekend. IMO. Share your thoughts though.
Should get a lot of coverage on Friday if they go through with the merger! It will pop
It will shoot up, retrace and shoot up again. I think it won’t hit where it should until we see actual financials but I’m selling at $3 and up. I’m waiting to see financials and then I’m going to adjust.
Weird movement for impending merger. Looking at the chart, looks like it was painted down with minimal selling. Looks like someone’s keeping this down and we will pop up when it goes through.
He is definitely following through! ZMRK is supposed to finalize the merger on Nov. 1 but it’s weird that it hasn’t shot up yet. Most of my position is in HDII but seems weird movement for his other confirmed merger.
I get you. I’m 27 and put a lot into this. I think it’s a slam dunk and the merging company putting out news is a huge relief with the CD maybe making them take a step back. Looks good now but I’m hoping this stays below .02 so I can load when my other positions come through. I only want more HDII!!
I’m fighting with myself to keep my stocks more diversified or put even more into this guy. Hoping my other positions pop before this shoots up.
Definitely helps lessen my worries with the company itself releasing news!
Getting current and mines are still ready for development at any time
SHM notes are out. Links are all over the board.
What if the merger with a 140$ revenue company happens and the price doesn’t go up?
Damn: $80 iron ore price avg. x 62% after costs x 10 million tons is about a 99.2 million a year!
Plan to go current!!! Definitely relieved to know they aren’t falling back into grey.
SHM notes are out!!!
http://www.labradorironmines.ca/pdf/LIMH2019AGMSpeech.pdf
Big takeaways I see:
-Plan to go pink current!
-Sold several sites to keep up overhead.
-Have kept biggest mines ready for development at anytime. (Houston named specifically)
- Will develop mines if/when given financial support and if iron prices look to be staying up in the next couple years.
-Massive 2019 summer study of deposits in current mining locations to be done by end of year!
IMO they planned on going current to get funding and have something big in the picture. Why would they go current now? Because they want to be ready for something!
Just waiting for the day I look at my account and see this deep green from CD removal. Then it’s just waiting for the process. Can’t wait!
Hopefully out by tomorrow morning but should be Monday at the latest, right? Any older holders know the timeframe they release it?
Honestly love seeing this in my portfolio. I dream about what kind of company we are getting with this SS. Anything cannabis and we see a rocket. That would be awesome.
Pull back before lift off. OTC pattern is here.
Honestly think this is amazing! Get to load up, float gets taken more easily and news is definitely coming sooner rather than later. The perfect storm is brewing.
Not enough selling for bad news ahaha. Just getting painted down and stop losses taking effect. Probably gonna shoot when we get news.
Gonna be tough to sleep tonight. I think any solid update about the obvious continuation of mining should send this up. Just hoping for more icing on the cake which could make this a rocket.
He brings up real issues that many would sell for. It’s just that they are not as big of an issue if you are staying long. I believe these things take time, OTC and Xu have other things on their plate as well and there is not short term profit right now. I am staying with this because I believe it is going through. Ups and downs until merger do not matter other than to average down.
Let me know if you disagree. I don’t like to get excited or pump but this is a pretty exciting time to be invested in this company.
Hard to say. Depends on news given to the shareholders this week and if a big squeeze happens. With amazing news this could go up to a couple dollars in the next couple weeks. Even just with updates and appointments we would expect, I believe this can be at .20 base pretty quickly in the same timeline. I expect my lower value to be at least double this which is always a good sign in DD.
Stockholder meeting starts at 1030 Toronto time on Thursday so we should see some people and institutions coming in tomorrow. Plus Thursday will be awesome with updates of new directors and future plans hopefully.
Facts haven’t changed and this is retrace/shake down. Meeting Thursday with news could boost this guy up but if you are only holding for a few days expecting dollars then you are mistaken.
Small position at 12 and I’m not worried. Staying for everything about to happen. Should get news after meeting on Thursday. Easy money here.
Saw and about 30k on the ask today. Did a double take and then immediately took it. Never thought I'd get that on the ask again.
All depends if we get news or an update.
Doubt it
Sorry everyone. I’m going to have to ask stack the $8.
Whoa, never seen a spread that large after trading hours. Weird.
HDII!!! Just a waiting game till cd comes off and merger news is out! Could be anytime but my money is on next week CD gone. Loading zone right now.
Because big issues don’t get resolved “very soon”
Still HDII long but thought it only takes a couple days for CD change. Especially for a small issue like this.
I feel all well and happy about pps but shouldn’t the CD be down by now if they gave the file to the otc on Monday or Tuesday?