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Hello V, Wanted to touch bases say hi and see how things are progessing. TIA
Awesome news Richard, Thanx for Sharing
Thanks Q, I like what seems to be happening.
Once launched,I would think they would be debugging it before it gets out, then I would think it should run rather nicely. The potential appears ginourmous.
Sorry T, don't advise on trading
Good Luck
Naked Short Chat seems to be the topic here
In My Opinion, anyone investing in any stock predicated on the fact that a NSS might occur is insane. Those occur kind of on the same schedule as an Eclipse, kind of a right place right time thing aka lottery numbers.
Now, do I think it will happen? Probably.
Would I try to seek out companies that are focused on that without anything to back it up. NO WAY.
If it happens, everyone just hit the lottery. Many things have changed 2/28/11 with all the new regs going into effect, so who knows how it will shake out. Discussing the whole thing seems silly at this point as it is like predicting the future and only one or two here do that Chicken Little thing DAILY, ( theskyisfalling, theskyisfalling, run, run )haha.
Do your DD and look at the asset of the company which is the Mountain PERIOD, not some silly potential for a wild stock ride which many even deny exists and can be ridiculously debated. NSing is such a stealth trade it is rarely even exposed, and certainly they don't offer it up as that type of position in their reporting mechanisms. Most defenders will point that out immediately, so why even waste oxygen on it now. Post JV would be the rime to revisit it speculation on the potential now is a waste.
This is all about THE MOUNTAIN and the continuing unbelievable rise in minerals Period. If you are serious about this investment go to the company website,www.medinahminerals.com and snoop around the geologists reports etc.
Once QTrax is launched and assuming it is successful, I would think in the software world, breakthrough type business models such as this would draw significant attention quick. Any Longs have opinions of the potential of someone wanting to take the company out, once they see the power of free MP3 downloads worldwide, wowww, kinda sends chills down the olspine actually. I would think it is a prime target for someone wanting/needing this type of platform.
I asked my 10 yr old dghtr if whe would like to be able to download free music instead of her Itunes thing. She asked me the name of the site so she no longer had to ask me to spend APPLE $$. I laughed and immediately decided to buy more over the next few weeks, haha.
Sorry if this has been discussed, I am late to the party, but the good news is it kept my hair from graying early. Have enough of that goin on already. lol. From the outside looking in Monster Potential seems possible.
Papa, things are much different now then when we first learned of the funding issue back in Jan. There appears to be groups scooping up cheap shares as the drop and the new NSS rules go into play on Monday. Many who are holding positions now are believers in the project and will not buy into the nonsense that negative postings on boards tend to persuade. There willprobably be some opportunities for those wishing to swing trade or flip, but not nearly what we saw before.
I agree that there could possibly be some upside potential due to the above situations.
Everything I post is my opinion, not my advice for buying or selling, for the record.
Richard, IMO that is the various accounts on our end, GC just chose the term consortium, I know it can be confusing to many. Medinah Minerals, USA, Cerro Dorado USA, Medinah Chile and Cerro Chile and possibly others on our end of the Joint Venture is my take on that term.
I had to reread that myself a couple of times as I wasn't sure if it was the others being funded out of the same partners wire transfer throughout the US or on our end.
I beleive it was mentioned several times that we are but one of many projects the partner is funding out of the same wire transfer, my theory is there is a glitch in one of the others process as it appears we are all done with what was requested on mgmts end.
I doubt the partners lawyers are sleeping at the wheel contrary to appearances. I wouldn't get to worked up about it, the delay is not something we did not already realize, this just spelled it out for all those wanting it officially stated. I am sure the nervous nillies and low hanging fruit will be selling, you may get some cheapies out of the update, who knows. Have a good weekend.
I prob should've followed your trading strategy as it seems to have worked for you and others who trade this on the swings. I am more of an investor, not a good flipper at all. Actually my first penny, so my learning curve has been monumental. I have since moved some, so should have the van done next week, thanx for your concern lol. I am betting more on the mountain, then on the penny game actually, hopefully we will both win. Have a good one TT.
Matt, see Nsomniyaks post
Also check mp3 lots of good stuff on there regarding it. Not sure if I can say the name of the other board here without a post deletion, sorry
I am hoping that on the 28th, these games get monitored and reduced, due to some of the new finra rules going into effect restricting nssing. It really is a shame to see people lose shares simply due to the fact that they are trying to protect their investments with a stop loss.
Dollar Day sale happenin, lol
For those of you who are new to this, it is an MM trick to get out low hangin fruit. Long and Strong,they will also rob you of your stop losses and then take it up later, be very cautious when using stops in pennyland, it could cost you share volume in a big way. Don't get your foot caught in the bear trap.
Everything I post is My Opinion Only,
Nahh, just bear shakey, gettin the newbies
Throw, looking for some exciting things to happen here. As you mentioned anytime the special guests arrive, things always look better.
Kinda of like a rabbits foot.lol.
Eat, One of my favorite Doc lines is
He doesn't mind the comments, after all he goes to a geologist for his teeth work. lol
hopefully not, I think we will get er done when it is least expected
That Koolaid, I believe that as well.
Did I miss the Kool Aid?
I just see tic toc and waiting patiently, nothing new just waiting for the bank to release, kinda surprised at low volume, especially coming onto this weekend, but it is what it is
Harold BEAUTIFUL, lol
Delete Temp Internet Files and History
Anyone having probs getting on the site needs to open the tools section on your browser, and delete both the history and temporary internet files. That should do it now and every time you have a similar problem, the site is usually operational, just your computer needs refreshed a little memory clearing to find it.
Hopefully the Sweet Sound of Tweety will arrive soon.
Unbeleivably Real, Should Show Shortly
Great Observation China
The only thing that is confirmed is when some called his office, his secy said he is not in for the day. Many speculated he is in FLn however there is no confirmation of that, only rumor.
Wrong Again !
I would appreciate it if you choose to quote my posts please be accurate ______________________________________________________________
"Many that have experience in dealing with off shore fund transfers stated a 5- 10 business day process as an average time frame if all the docs are in order."
______________________________________________________________
To clarify, there were people who stated they were familiar with HLS and I passed it along as I deemed it something that is worthwhile to be aware of. I have also heard it can taken longer if proper paperwork from HLS is not submitted on time as well. ( not sure where I heard that, but if you like I will research that source as well).
I personally have never had an overseas wire transfer, if I did I doubt it would be large enough for them to be concerned, nor do I know how HLS works internally, I have had limited experience with HLS , but nothing regarding these types of situations, no expert here, I only rely on those I feel are knowledgable as with most of my research.
If you ask my wife whether or not to listen to me, she will say you are crazy if you do, but what does she know, she married me.
No one anywhere is confirming where this situation is at present,only it appears to be moving toward a conclusion shortly. I doubt we will get the whole story until the money transfer is history and they will let us know what occurred and how.
Cya next week, I think I have posted my limit, lol
Wrong?
I believe I have 20 posts in 10 days or so here out of maybe 1500 ish, you seem to be more inclined to count, so let me know if that is accurate, few more on MP, but hardly 20% lol.
My own DD is based on personal research and observations from those I feel trustworthy and have no agendas. Everything I post is my own opinion and suggest all draw their own conclusions. Since I no no one in mgmt nor have I ever had any conversations with anyone in mgmt, I cannot help you with your personal DD any more than guide you to their websites and these sites, which is what I do. Sorry if I can't be of more assistance, but good luck with your trades and IMO, this is a good stock to own.
Ohhh, I know
Pretty soon, it will be but a distant memory.
Their days are soo numbered,
Ain't No Doubt Bout Dat.
Old Habits are hard to break, lol
Personally I am amazed there are any sells at this juncture, but what do I know
He will be in Miami prob couple days
From there, I think directly to:
Chi Chi Chi Le Le Le
I believe this HLS delay has put them a little behind, as many indications that work already goin on the mountain. I would think some need to get paid by us and other things need to get moving along.
Murphy May You Soon R I P
Get Ready to
Strike up the Band, Pass Out The Cigars
Get Ready for the New Baby
This seems to be the approx time frame that completing the process with HLS would take. Many that have experience in dealing with off shore fund transfers stated a 5- 10 business day process as an average time frame if all the docs are in order.
Apparently the partners legal team was working overtime in getting them all the docs they needed and then some for quite some time. You can take to the bank the fact that the partner is somewhat embarassed by the fumble and I guarantee this is their top top priority, so it stands to reason they are verrrrryyyy close, if not already done.
On such an important day, I doubt if LP is taking the day off for Air Balooning or bird watching as some of the brilliant postings here suggest, lol. Since he is inaccessible by ph and email to everyone, I would lay big odds he is down South.
However, as we all know with Medinah, Murphy likes to ride Shotgun. lol
I think we are done and should see news sooner than we think.
IMO
Things Lookin Good
V, Can you shoot me your email again, got some ?s, if you don't mind
Waldo is MFO
"Missing from Office"
His Secy said he will not be reachable till Mon. HMMMMMM. I think this could be a GREAT Thing. Miami ?
Thanks for your insight as usual Bill.
Since your opinion is highly regarded, I thought you may not have seen this.
There is no issue with one or more of the partners the issue is the money itself and that has been cleared up. Now it is just that paper work that had to be finished on that issue. No timeline as how do you put one on when it is the government you are waiting on. Per Kirk
Spot on WMO, In the Last 12 years.
This would classify as the WORST 3-4 days to be out of this stock in it's young History.If anyone is wanting to clip a penny or two, and risk not being in position for the News, are playing with fire.
This mistake could cost a life changing event and another that got away. Day Traders, Swingers and Flippers and Trenders take some time to rethink this play. If you are lucky, you can step out of your zone and hang with the smart money, it should pay back unbelievably huge. How many have gotten away from you, again and again? I guarantee none bigger than this one will be.
Especially, you day traders, if you do some real DD instead of trendy and boardy and flippy, you may be able to retire from Day Trading and onto the Golf Course, how great would that be ( coming from a soon to be former day trader)
Most have no clue what is running down the track about 100MPH is a MEGA JVA.
Figure it out FAST, commit some time to see what is going on, if you have room in your truck for a ton of this ore, it will not be much cheaper, and hang on for a while, may be more happy SS surprises around the bend
The Ship is a Comin In
IMO as Always
The Official Theme song for the Week
The Hits keep on rollin,lol
Doog, Might want to add this one to your collection
insert-text-here
Okey Dokey.
Ya Know, John, U may have somethin there?
800 Million Tons, should last around what 30-40 year mine life. If that is the case and I am sure JJ got a large percentage of annual production along with a monster JV Price Tag, I totally forgot about the annual royalty.
Wowwwwww. Gonna be a Jr. Mining JV Legend to tell the grandkids why they are so rich, lol, if that is the case