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LaoTsu,
I have not deleted your posts either.
Regards, Mamona
I'm not a subscriber so I can't do a Private Reply. If you have an email account you don't mind making public, I'll email you there.
Yahoo, MSN and Gmail have free Email if you need a temporary address.
I got snookered into buying the Tara Empire many years ago by someone whom I thought 'knew his stuff'.
OK, so Biscan is a horse trader, doesn't know how to run a real business, and I'm bitter - bitter about the 'cult' that has arisen around Biscan.
I'm pleased to say I'm impressed with the new partners and their business and mining skills. If Biscan can keep himself busy playing solitaire or saving 3rd world causes with his own money, I couldn't be happier. Just keep him out of the way.
I doubt the very existence of 'paid bashers'; I think they were conjured up by mudpuppy to explain why his charting never worked and why real people could not possibly be disappointed by Emperor Biscan. Faith in Biscan had to be defended by 'the cult'.
You can't know my 'skin in the game'; I could tell you what it is, but you wouldn't believe me and conversations I've had offline with other stockholders, I would never betray.
I don't need to bash Tara; trust me. I want it to be run like a business and not a 'religious cult', which it is. My belief is that there are a lot of single stock owners (in Tara) who's whole economic existence is based on The Tara Empire.
That is not good investing. Tara is a small part of my portfolio. Think of me as "The Lone Ranger" and I have 2 kinds of 'silver bullets': cynical ones and productive ones. Think of Biscan as Moses: he doesn't need to do paperwork, he doesn't need to drill holes to prove reserves, he just 'estimates'; them; he has never done before what he is doing now - he's in his wilderness; he is not accountable to the SEC or to his followers; they are just required to believe in him as he believes in himself.
All my other stocks are PM's or resourced based. I started buying physical Gold and Silver in 1999 when Gordon Brown revealed himself to be a fool.
GLTA.
What would you do differently if you actually wanted to destroy the US economy ? I don't think you have a clue.
IMO: People who use exclamation points have weak arguments directly proportionally to how many they use.
You can Email me offline, LTS.
LOL.
No compromise.
http://cloward-piven.com/
Cloward-Piven is a strategy for forcing political change through orchestrated crisis.
According to mudpuppy, the high priest bull goose loony of the Tara cult, the shorts are in collusion with the SEC.
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_T/threadview?m=tm&bn=67398&tid=4330&mid=4341&tof=38&frt=2
No problem.
silver:
Of course, you're right.
But the Tara Empire is overwhelmingly a cult, and no matter what the management screw up is, cult faith will overcome and defend it.
This isn't a business; it's a rapturist campaign devoted to Biscan and his works.
It could be ADHD. He's completely undisciplined.
I think if he saw an opportunity to buy into a string of Fruit Stand/Boutiques in Durango, he might chase it.
There is no focus on what it takes to run the business. There never has been.
Somebody needs to have a 'Chicago talk' with him.
You've got to hope Biscan's endless screwups don't scare a competent 'partner' away.
Partnerships are delicate things. God help us.
Who in the government will show up at your door with a subpoena for the gold or silver they think you own because of records they think they have ?
Will you let them in ? Of course you will.
But, what if they don't find any gold or silver ? Where is it ?
Were you, or the IRS the stupid party ? Maybe they can just tax you on what they think you have according to their records ?
Nice ?
Tell them you sent your gold and silver to Biscan and it just disappeared; they'll easily believe that.
D'oh !!!
Have you filled out your form telling the federal government exactly how much physical gold and silver you have ?
How smart do you think the 1933 US citizens were ? The FEDs demanded they turn their gold in for $24 an ounce and then FDR arbitrarily decided what the price of gold would be going forward.
Are we that stupid ?
How much gold do you have ? How much silver ? Do you feel obligated to tell the government ?
BHO is FDR on steroids; I don't have any PMs, or lead, so don't come looking for any. How about you ?
Duh ?
"benign post" ?
Heck, I thought it was a breakthrough post and enlightening.
Be careful what you know and say; and don't post it - it may not be tolerated here in the cult.
All the best.
Hey tjguy:
I'm censored here. I've gotta tow the 'cult member' guidelines, I reckon.
I'll send you private messages if I learn anything new. The 'cult' must protect itself because blind faith is the stuff of Biscanism.
It was good talking with you.
Nanu nanu.
TARM is going to need earnings, not just Biscanite projections.
Earnings are the only thing the market cares about.
Is that a "Day of the Dead" picture from the Southwest US indigenous people who want to retake their former territories but not assume the debt for the nice roads, buildings, water and sewer systems built there ? or health care ?
Thanks for your civil reply; you don't seem to be part of the Tara cult of 'true believer' Biscanites.
About 3 years ago, I made the determination that Biscan is someone who: if I worked for him, I'd quit, and if he worked for me, I'd fire him.
Sometimes I just post for comic relief; or schadenfreude.
Whatever happens in the Tara Empire going forward, Biscan will still be somewhere in the middle of it; and IMO, Biscan is the American version of 'Mr. Bean'.
http://en.wikipedia.org/wiki/Mr._Bean
As Harry Callahan said, "A man has got to know his limitations". Biscan never has - he had no business building a 'Walley World' in the middle of a Mexican nowhere, when he didn't know how to make it work in the first place. And, promoting it as a money maker in 2007, for 2008 ? And still promoting ? and promoting ? before producing ?
Comic relief and gallows humor, over. GLTA.
"I have faith in you!"
You should have faith in me. A cynic is a person who knows the price of everything and the value of nothing.
There is nothing that indicates Rich knows what he is doing; and he's had 6 years of not doing it.
I wish I would have completely sold out and that I had gotten my friends out too; I got them in during 2006/2007.
Now, they just plain hate me. And Rich is still a shameless a$$hole.
So, now I drop in to say things like:
Well bless your heart.
Well bless your heart.
http://www.incakolanews.blogspot.com/
5/13/11
Gondsands Development Corp (GSDCE.ob), ex-Constitution Mining (CMIN.ob), and its annual report.
If you ever wanted a lesson in DYODD DUDETTES AND DUDES...
If you ever wanted reasons why you should NEVER listen to a junior miner's spiel and then immediately buy the stock on some flash sounding story...
If you ever needed to know why reading the company's obligatory and regulatory filings is so darned important...
...then today is your day, kind madam or sir. Please click through here and download your own copy of the Goldsands Development Corp (GSDCE.ob) annual report, settle back with a warm cuppa something, and then read it, because just the headlines of the Risk Factors section in this utter scam run by the scumball Michael Stocker will be enough to give you the creepy shivers, even if you aren't so au fait with the ways of the numberworld. Here are some examples of those headlines.
Our accountants have raised substantial doubt with respect to our ability to continue as a going concern.
A pending SEC investigation may subject us to significant costs and could divert management’s attention.
In preparing our consolidated financial statements for fiscal 2010, our management identified material weaknesses in our internal control over financial reporting, and our failure to remedy these or other material weaknesses could result in material misstatements in our consolidated financial statements and the loss of investor confidence in our reported financial information.?
Because our common stock is quoted and traded on the OTCBB, short selling could increase the volatility of our stock price.
And make sure you digest the section about the ongoing SEC investigation into the company that started in March...all very cool, becuase apparently it may "divert management's attention". I say it might just divert its officers to the freakin' stockade too, but that's just me.
Go read yourself.
<<The metals are in the ground and it is only a matter of time before we are in full production in Don Ramon.>>
That's a 2007, deja vu, prediction.
Email me and I'll sell you my TARM at $1.00 and TRGD at 50 cents.
The metals are in the ground all over Mexico; he doesn't know what he has. Rich built himself a mill he didn't know how to run; how smart was that ? That mill is his albatross.
Rich has been a failure all his business career.
But hey, GLTA. Again.
Sell the truck.
Peeker : you have nailed it exactly.
I've invested in mining stocks since 1999 and was asked my opinion on this stock by another person. You sound like you have a strong personal interest. Calling information old doesn't make it irrelevant.
Have a nice day.
Richard Garnett ?
LIMA, PERU--(Marketwire - Oct. 5, 2009) - Constitution Mining Corp. (OTCBB:CMIN - News) has appointed Mr. Gary Artmont of Quito Ecuador, to serve as the new President and Chief Executive Officer of the Company replacing Willem Fuchter. In addition, Steve McMullan has joined the Board of Directors and Dr. Richard Garnett has been named Senior Technical Field Coordinator.
Well, oddly enough it seems that one of those named is pretty keen on getting his name cleaned of all connection with CMIN. This morning the following comment was left under that post by the abovementioned Dr. Richard Garnett. Here's the whole comment:
"Those interested should note that I visited Constitution's exploration site in Peru on 10 through 13 October, 2009. I reported my technical findings in writing to the then CEO of the company on 25 October, after which date I terminated all direct involvement with the project. Richard Garnett"
We are of course assuming that the person who wrote that is indeed Richard Garnett and not someone trying to play some trickydicky headfake on us. But assuming truth as written (which is 99.9% certain, cos as well as the ring of truth about the comment the IP address of the commenter matches Garnett's hometown....yeah I checked) there's little doubt that the above is a really damning thing to write about a former employer.
The History of Constitution Mining is ugly.
http://incakolanews.blogspot.com/search/label/constitution%20mining
The future looks like a hustle.
Well, when I posted this, I meant it:
Thanks for your civil reply.
<<Still, with 4-5k units sold each month, I'm surprised you didn't still have a thriving business and I'm not sure I see how "the show was over" because of one order you couldn't fill. Whatever. >>
By the time our product hit it's peak, manufacturers were planning on integrating it into their products. Like you said, "whatever".
You should read that AMRS presentation. There's a lot there.
<<That "rich looking big rock" had been producing for several years prior to our acquisition as I recall.>>
I don't think so. It was grab sample at best. All of Tara's properties are guesstimate grab samples.
<<Using the same US philosphy of no 43-101, GORO had done quite well .. up 161% in 2010 and a $1B+ market cap. They're ringing the bell Jan. 13 on their entry to the AMEX.>>
I owned stock in a silver mining company that "drifted" through some veins and hit a bonanza - the stock went from $2.00 to $9.00. No 43-101; just luck and instinct. I'll find the symbol if you want. It happens. But why pretend to be a 'miner' and build a mill when you're Rich, and you don't know what you're doing with a mill ??? And then endlessly promote it to investors when it runs out of gas, time and again ???
<<If you invested early and on the dips, you've done quite well. Not many guarantees in the Jr. Resource Mining field. >>
Going from 15 cents to $1.49 and back to 3 cents, is not dealing with trading dips; its a stock out of control.
All my juniors are rocking except for the Tara Empire's ventures. If you want some winners, Email me, I'll give them to you, and you can still get in before they double and triple, AGAIN.
The Tara Cult always expects the next year will be the one that 'unfolds'. It's unfolded dramatically for 4 years.
Good luck to you. And to Biscan.
Thanks again for your civil reply.
Here is my problem.
I started my own company in 1988; it was fairly high tech and it had a huge 'pull' market from the consumer - from retail 'high end' outlets to clubs, like Staples.
I had 2 partners and we funded it from the ground up. We had follow up products but our main product sold from 4K to 5K units per month. We were completely operational with 36 employees from marketing, sales, down to the folks who folded cardboard boxes.
When Wal Mart ordered 14K of my product for delivery in 2 weeks, the show was over. We didn't have the cash flow, and couldn't mortgage enough property to make that happen. We sold the business in 1993.
My point is, I know how to run a business.
Rich had no right to go build a mill near a mineral rich looking big rock, when he had never run a mill. 3 years ago he made claims about the Don Ramon mill that he had no right to make. He had no right to drum up German interest 3 separate times, and make claims to the market, to investors, and to Glencore. He simply didn't know what he was doing.
I've read the La Currita "43-101" report front to back. AMRS (pre-Tara) was going to spend money on that mill to get it up and running in his JV model. At least it had some drillings to show where ore was. Now it's in the neighborhood of a potential PZG/CDE bonanza.
Rich could have cut his teeth (with an investment) running a mill that had been run before; instead, he had to build a brand new mill. And now it doesn't run either.
My problem is Rich goes from one bad decision to another - I had experience in design, manufacturing, and accounting when I ran my business. Rich looks like a complete Rube in mining. And, his word is no good; not that he doesn't believe it. It just keeps changing and the cult keeps following.
Tara has been dead money in a Junior Miner bonanza atmosphere worldwide, and I resent it.
Rant over.
Have a nice day.
No.
In the real business world, a CEO like Biscan would be fired for all his missed targets and schedules; not to mention his expensive German hypes.
He should run for congress where he belongs.
Some poster's optimism about Biscan is pure bliss and cult like; and really annoying.
Have a nice day.
What I can point to is 2007 PR's that promise Q1 2008 earnings from Don Ramon of 1 - 2 million dollars per month.
3 years later, Don Ramon is an out of gas Porsche in a Mexican desert.
What would George Steinbrenner say if he was a stockholder ?
This is a cult.
Here's what I know very well about Rich:
Mamona is sorry for your pain and wishes all stockholders well.
This stock has had an irrationally devoted following; over the years, Rich has issued PRs about what earnings will be 2 quarters from now (2007), held promotions in Germany I don't know how many times, and he is a failure on all fronts.
If Rich knew how to run a mill in 2007, why is he going for help now ? Talk about 'forward looking statements', what shame has Biscan ever shown ?
And what enthusiasm has ever been lacking in 'the cult' in calling me names like 'short', 'paid basher', 'MM shill'; the fact is Biscan has never hit any of his schedules or P/L projections.
And still, 'the cult' endures. And surely, it's a cult.
At this point, I believe the non-cult stockholders have a grievance that should be mitigated by demanding compensation from Biscan for all his misrepresentations. He won't answer my Emails.
This stock is Lucy, a football, and Charlie Brown.
Is Don Ramon a Potemkin mill ? What's it doing now ? maybe it doesn't work right. Who knows ? Rich ? it could be junk.
I'm not at all a schadenfreude kind of guy, but to 'the cult', I'm happy to be.
Good luck. If you have any spare time, try to get hold of Rich and express your unhappiness.
Or, be happy in your cult.
<<Do you have a clue to what is going on today and planned ahead?>>
Nya, nya nya, nya nya, nya.
<<Tara and Rich have much in store for Shareholders.>>
Nya, nya nya, nya nya, nya.
Stupid ignorant Tara cultists deserve Biscan.
Yep.
MMs and SHORTs have targeted TARM.
There's no other explanation for Biscan's screwed up empire not working.
You're pathetic.
Copper miners index:
http://finance.yahoo.com/q/bc?s=COPX&t=3m&l=on&z=l&q=l&c=
Base metals are more precious by the week
Why are tin, copper, lead, zinc, aluminium and nickel so expensive at the moment and is the general base metals rally sustainable?
By Garry White
Published: 6:18AM BST 11 Oct 2010
With regards to copper, the industry expects it to hit a record high of $9,000 per tonne
An increase in the need for metals used in heavy industry is one of the first indications of a return to healthy growth, but is it more complicated than this?
Last week's frantic trading in base metals is likely to make the industry's global players reluctant to abandon desks for their annual gathering in London on Monday
Those who do make it are expected to have one main topic of conversation: why are tin, copper, lead, zinc, aluminium and nickel so expensive at the moment and is the general base metals rally sustainable?
Tin is at a record high, reaching $26,780 a tonne on Friday – or a 5.3pc gain over the week - and copper hit a two-year peak of $8,310 a tonne, up 3pc over the past seven days. Aluminium and nickel are also trading at five-month highs.
Some argue that the world is seeing the signs of an emergence from recession. An increase in the need for metals used in heavy industry is one of the first indications of a return to healthy growth.
But the picture appears more complicated than this. One of the most obvious drivers of the recent surge is the weak dollar, making the metals traded in the greenback cheaper for those trading in stronger currencies.
And it's not just base metals. Investors are throwing money into commodities for fear that further quantitative easing will lead to currency devaluation and rampant inflation.
This pushed the benchmark Reuters-Jefferies commodities index up 2.5pc on Friday alone and just over 3pc for the whole week.
There are more reasons why base metals are benefiting in particular. Brokers from Sucden Financial, a company active on the London Metals Exchange, said there were tight supply fundamentals underpinning macro-economic motives for the rally.
Mining companies scaled back investment in new projects during the recession and this under-investment will hit the availability of base metals for some time to come, argues Steve Hardcastle, head of industrial commodities at Sucden.
In the case of tin, there are also specific production problems in Indonesia, with heavy rains and shuttered mines causing a shortfall. Overall global production will only be 1.5pc higher this year than in 2009, despite strongly rebounding demand from Asian countries.
Meanwhile in copper, the industry expects it to hit a record high of $9,000 per tonne, on concerns that next year will bring a shortage of copper concentrate, a crucial pre-product. According to a new report from Goldman Sachs this week: "Even relatively conservative demand forecasts suggest that the global copper market will sustain deficits large enough to mostly deplete exchange inventories over the next five quarters, leading to periods of extreme volatility and price spikes."
It looks like nickel could be the next candidate for a record. A shortfall of 7,500 tonnes in the first half of 2009 has ballooned to a 51,500 tonne deficit this year.
Thanks.
I've sold over half of my position and have an order in to sell some more Monday if I can. And, I'll continue to sell until I'm out.
Tara has no business plan; it said it had one 3 years ago and it hasn't met it yet.
I'm invested in many good junior miners; Copper is at $3.80 a pound and predicted to go to $5, Gold and Silver are at highs. In my view, the Tara Empire will always be an unknown and 'dead money; it will continue to be Rich making deals and missing deadlines.
Good luck; you are always civil even when I'm not.
BTW: Take a look at Baja Mining - BAJ.TO. Pull up a 3 month chart. Compare it with TARM in 1 year.
Good post.
"As for Promises not delivered, Rich never PROMISED me anything."
Agreed, but you can't run a business without a plan; a business plan. All well run businesses have one and investors normally demand one.
Rich has "promoted" Tara for the last 4 years; those promotions have cost money and put him on record as to what he was going to do; I'm surprised Europe even pays attention to him anymore. Germany was supposed to be a major market for Tara in Biscan's mind, 4 years ago.
My problem is Biscan thinks he's Donald Trump, and that's what you're investing in. There is no real business plan for the investor; there is only an investment in Rich Biscan.
"When you don't know where you're going, any road will take you there."
GLTA
NM - I'm not in a crusade against Rich or the Tara Empire.
The Tara Empire is the most unorthodox investment I've ever made; Rich can't meet his own schedules, he can't perform to his own "business plan", and he has no apologies or explanations for being 3 years late on promises he's made in all his expensive "promotions".
Still, he has a debt free company, with an allegedly operating mill, a contract to sell goods, and properties with valuable dirt. But he looks like a failure to me and he has since 2007 when he made his Don Ramon production predictions for 2008.
He should hire someone to manage his ineptness, but he won't. He would make a great government employee.
Hey, these are good discussions.
Go Giants.
I'm just trying to keep you guys thinking objectively.
Question: Which one of the Three Stooges was the smartest ?
Does Rich know he can't meet his own schedules ?
2nd question: Does he care ?
3rd question: If he can't meet his own schedules and/or he doesn't care, what kind of business is this ? What will it be like in 6 months ? Will it be the same attitude then ? If you think not, why not ?
I'm just asking. This is serious stuff.
GLTA
Great.
Now, is there anyone at the SEC that knows how to run a mine that we could hire ?
Biscan said TARM would have substantial revenue from DR in 2nd quarter of 2008. He said that in 2007.
I'm excited.
Great insight. Thanks.
Hey Sam Dan:
Your fascist cheerleader buddies over on the LLEG.PK board got me banned from ever posting there again. Have you noticed there are no dissenters on that board ? they just get rid of them; another poster Emailed me offline, that happened to him. Does that smell fishy to you ?
Come on; who needs debate when you can ban intelligent questions about a stock and shut up a 'questioner' ?
LLEG.PK grifters don't like dissenters.
Good luck with a 2.379 billion share float of a churned stock; just quit posting your 'black hole' stock recs here.
Or, get me banned forever from the Tara Empire message boards.