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All I know is that it isn't an infinite amount of shares in the dump age... It has to stop sometime, no matter what some say...
I'm thinking it's gonna be soon...
Round and round the wheel goes....
Where she stops, No one knows....
Top o' The Morning to you SN (et al)
Question of the day.... If a VC dumps hundreds of millions of shares on to the open market, who buys them and where do they go?
SG
He who laughs last....
OK I just put my money where my mouth is.... This should put us back into the .004's
I'm just under that amount and probably going to add to that amount. My average is at .007 so I try not to look at the bottom line at this point.
I just keep hoping that there is a method behind the madness and telling myself that we don't have the all the information.
I have all the "Blue Chips I want at this point.
Yea, I hear ya...But I will wait and see (and average down) I own 1% of a functioning gold mine in a time of monetary uncertainty.
I think they said 25 ounces of gold was sold, not how much gold was mined....
This I agree with completely. No recovery rate, just AU sold.
My question is, are the dumped share going back out into the open market, or being accumulated by the MM's to cover. Someone is buying these shares at a deep discount. 100's of millions os shares...
At this point in time it is a FM...
Time will tell.
All I know is IF PCFG is, as I believe it is, the real thing, it will be life changing.
Love Hurts....!
Looks like the morning call is taking place. The MM's seem to be taking longer then usual and it dosn't look like it is going to go below 4. Load up while you can.
Morning to All, et al
The dust from work is finally clearing and I am able to watch the Open from my desk rather then the freeway for once.
What a damn disappointment this summer has been... I had visions of the French Riveara and got the backyard and hamburgers instead.
That was a great move TJ, calling and talking to the mill.
I agree with whomever said yesterday that prehaps it would be prudent to steer the mining ops toward a little higher grade section, to "kick start" the mine and S/P and eliminate the need for any additional financing.
As for me, I just might adjust my position back up to 1% of O/S. It has slipped a little lately with the floodgates open, but the flow seems to be slowing and maybe we'll have a green spring.
SG
I have one that is going through a 5,000 to 1 R/S and it is probally the best thing that could happen to it.
I'm in here looking for golf balls.... $4.00 a piece...
I wonder if we are witnessing the long anticipated short covering.
It almost looks as if it is part of some kind of sick hedge play..... Short the heck out of penny stocks. If it appears that the company is going to survive, offer venture capital for discounted shares, but instead of covering with those shares, flood the market to drive the SP down, then cover for a profit.
Next week I'll share my theory on space aliens, if the doctors take off the straight jacket long enough...
I hope PCFG is working three shifts and sending out burlap sacks filled with nuggets!
SG
How about treble the illegally obtained profits in fines! That would make these crooks think twice about manipulating the free market.
FWF et al,
http://www.sec.gov/litigation/complaints/2012/comp-pr2012-165.pdf
I'd be curious as to your take, as well as other longs, on the above artical... I wonder if this could explain the continuing dumpage of PCFG shares without any filing and if they are part of an ongoing investigation?
How could we find out the list of 100 other Penny Stocks involved?
That would be with $1,500 Gold....
Check out POG this morning; headed streight up, so far.
Good Point Doc...
I guess if you're looking for a slot machine payoff, this stock isn't for you...
Time will tell.
GLTU
SG
There's a good idea... Put you're money in to a Gold ETF. Basically a piece of paper that we're holding all this gold for you...
You might as well buy dollars if you have that much faith in the system.
Yep. And the problem is "The Bernake" is about to flood the economy with 3 or 4 more trillion that we don't have.
We're just screwing our kids and grand kids
Milton Freedman defined it as "Too many dollars chasing too few goods" ( inflation). Trouble is, the U.S. can't allow inflation because then they won't be able to afford the interest payments on the national debt.
When you feed off the bottom, you have to pick through the scraps.
There's plenty of .0065's to be had right now!
Gold headed straight up!!!! $1,648 and climbing
They are authorized to purchase up to 5 m shares, from time to time, if I remember right. I believe that the general consensus at the time was multiple purchases of up to 5 m shares was authorized.
Look at that Wall at .0065....
I just keep hoping that the management want the S/P to stay low while the Mill is operating ah "Full Steam Ahead" in order to make enough cash to perform the Share Buyback at the lowest possible price.
IDK, I'm just a Glass half full kind of person....
I'm starting to think that the best way to get some news is hire a private detective to go sit in the local bars and "Listen"...
...and Pitchforks and Torches....
When "Somebody" has inside knowledge of what price his handlers want the price of a stock to be, it might just make that person appear as if they are smart….
Missed it by that much....
Will we hit 10 mil shares traded today?
Nice volume this early in the day!
Hope it keeps up!
Ya, $20 dollars...
I believe so. Class A's are Voting Shares
Amen MT,
It is my belief that this will aid in stopping the continuous manipulation of CGFIA and allow for the company to grow and trade unhindered by the bottom feeders that have destroyed the S/P and would not allow it to break free. Drastic times call for Drastic Measures.
SG
Morning' SN,
It appears we are the early risers in the group today.
Gold at $1,625 and showing signs of a sustainable advance. Could this be the beginning of the August rally that so many have written about?
I wish that PCFG would get going on making us wealthy... I'm just about finished picking out the interior for my new Citation X...
They're all good days, it's just some are better then others..
SG
Jeez, Trading sure has dried up
It looks as if we are at a bit of an impass... CSTI is holding us up on L2 while NITE and UBSS are trying to drag us down. 10/1 Buys to Sells so far this morning