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this latest announcement is likely going nowhere, kind of like the placier gold deposits in canada that went nowhere too.
maybe i'm wrong, but i used the last few days to get out.
good luck to the longs, nonetheless. hope you make some money.
be patient yet excited.
we gonna get there yet!!
I'm a happy camper.
had 320,000 shares this morning when the news broke
sold 60,000 today
will sell some more tomorrow but will hold onto a core position.
Go go go!!!!
Tis gold which we wish for.
meditate upon our alaskan forebearers.
light a candle to their memories and wish upon good fortune.
mankind has coveted gold for 5,000 years.
today is no different.
fiat currencies will fall to zero.
hug your physical gold and Placer Gold Corp.
look foward to their planned meeting in zurich.was in zurich in 2000 and bought some gold coins there when price was $240.zurich is the banking capital. sounds good to me.re name change, this is easily done with no change in share structure. Highly unlikely there would be a SS change.
yes, i think that more really strong upward movement will depend on further disclsoure about things that really matter to aoag-----financing, the gold report, status of the dredges etc.
but here is what a potential investor should contemplate. you don't have to put a lot a risk to make a play. if you buy 10,000 shares at .06, that's only $600.
then think about the upside for this stock if what we are hoping for takes place.
yes, i think we can have some more upward movement in the meantime. not a bad place to get in.
gold is the way to go.
aoag a go go!!! kinda like the ring to that.
AOAG A GO GO!!!!!!
just be patient, aoag will rise.
re bank stocks, i got into faz 3 days ago and glad i did.
gold must be forged, beaten and glistened. so must our aoag go through these "fires of uncertainty" before we can be rewarded with a burnished product.
rome wasn't built in a day. but i'll take dredges in six months.
there is fear in the market
people will be hugging their gold soon
placer gold corp will find a place in their portfolio
hey, this is a risky investment, geez, its a penny stock. but in this fearful market that will continually move toward gold, this is a bet that is worth putting some chips on.
so people disagree. so what. if you don't like risk, then don't play.
its not like you have to risk a forture to make a bet on this company.
Oh Holy Gold,
Bring us the manna which we so dearly seek.
we are going to have volatility in this stock, in these markets, whilst we await further news about our gold mining hopes in nome.
just have to hang in there, trusting in the future results.
its the time for gold. and this looks very promising.
bullish....but patient also
the gold report will be critical....as will the economy....if fear kicks in more and gold starts moving up....then that helps us also
our little aoag can't do everything so quickly....we've come a long way in just 45 days....the next 45 days will be most interesting!!
patience is required here.
fear is always out there but we've made a bet so let's see if it pays off.
not getting out before the real news hits.
if you believe in gold in this market and you like the prospects for aoag, then you gotta sit tight. that's the cost you gotta pay to get the payoff you want. nobody's gettin a freebee in this market.
accept the flucuations in price as the cost of doing business.
companies don't typically make a decision on a private placement the day it is presented. i would expect some deliberation before a decision is made by any investors.
keeping an eye on things.....
rome wasn't built in a day.....
we are working on strong fundamentals
considering how badly gold did today, we're fine
banjo, good luck to you and all of us.
as concerns about the currency increase, gold will go up as will our company
we're doing great considering the price of gold today.
on a strong gold up day.......watch out!!
i think we're doing well considering how much gold is down today.
1-4, glad to have you on board.
life is uncertain, but the more we hear about our little stock, the better we feel.
blue,
we are going to change your name to the golden horseshoe.
all the due diligence you are getting for us is amazing.
with stuff like this, .50 a share sounds cheap!!!!
per the report.....from 1985 to 1990, more than 121,000 ounces were recovered from less than 2% of the leased area.
just think of what we can do with the new dredges!!!!!
strikehold, the possibility exists that they could sell the certificates at a premium, given the current gold price, and therefore generate more money. the counterpoint is the potential discount associated with the ability of aoag to deliver the gold later on.
the point is, they don't have to sell the certificates at par or face value.
stock dr, enjoyed the video.
it seems that humpty dumpty has had a great fall and all the kings horses and all the kings men (translate, President BO) couldn't put humpty together again.
as the fear factor sets more into motion, gold will move much higher. as will aoag.
blue, did you see my thoughts about selling the certificates at a premium?
thoughts?
it is a private placement, so it is not sec registered.
the ownership of the certificates does not give the owners an interest in aoag.
this is a way for aoag to sell its gold production on a forward delivery basis.
yes, they're selling 500,000 gold certificates. that is what the private placement is all about. i'm not good at links. blue needs to help on this one.
more thoughts on the gold certificates and the financing.
they stated in their press release that the gold certificates we're supposed to supplement the comex, that is, create a future buying opportunity that the purchaser can rely on. you're buying delivery later on at a certain price.
500,000 certificates at $500 a pop. let's say that aoag only requires 10% upfront, or $50. if they sold 50,000 certificates, that would generate $2,500,000 upfront, probably plenty to get this mining stuff going for 2009. therefore, getting the financing rolling upfront may not be as difficult as it appears.
now to the question of price. there has been a lot of speculation about how much money these certificates would generate. yes, if they sold them at par, "only" $500 per certificate. however, they could be sold at a discount or at a premium depending likely on two things. first, the belief of the purchaser that aoag could deliver. that would be a purchase point discounting mechanism as would a low price of gold at the time the certificate were purchased.
but a premium purchase impact would be if the price of gold were high at the time the certificate were purchased. for instance, if the price of gold were $1,000 when the certificate is sold, don't you think that aoag would sell it at a premium to the par $500 face value of the certificate? of course they would. and the premium amount would depend on the countervailing discount related to aoag's ability to deliver the gold later.
starting to get the picture? we don't give up the upside and the amount of the upside depends on the spot price of gold when we sell the certificate and the discount of delivery risk. also, if the gold price is steadily moving up and the market is hot, the premium paid should be very close to the spot price, not the certificate price.
heck, the first certificates sold might even be sold at a premium.
what do you think, blue?
gold and aoag, go together.
more positive company announcements, and zoom.
you should do charles schwab. 12.95 a trade,which is cheap for a pinkie, lot less that fidelity, and you get quick confirmation.
re this newsreporter, paper news is becoming less relevant.
newspapers used to rule but now people can find their own information, like we are doing.
these articles are becoming less and less important.
I doubt they will sell all the gold certificates at that price.
thanks blue.
am starting to see visions like that soothsayer that was posted yesterday.
placier gold, i can live with that.
if we can get the private placement going, look out!!
blue,
re the great public pr announcement you just posted, don't they mean january 9 friday and not december 9?
confused.
wonder where blue horseshoe is?
he must be taking a breather.
real momentum may depend on further annoucements from the company or gold movements upward.
but i like where we are right now. placier mining sure seems a lot easier than traditional mining.
whoever posted that video with the soothsayer talking about placier gold deposits should repost it.
he is making predictions about stocks in 2009 and it sounds like he is talking about aoag. amazing.
gold down a bit and aoag consolidating
just hang in there and control the emotions
we know where the trend line is going to take us
are you saying that it is good go have NG nearby because they can help process the gold or are you saying that NG would be motivated to buy us due to the proximity?