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Yes, Jim you cannot make a statement like that and leave us hanging. Makes us wonder if that is why the heck volume is up. Heck, for all we know is SL was a bust and they are moving to Ghana.
Thing is with all the hype whose selling? If news is any day why would you sell? Looks suspect to me, but I don't trust most of what goes on these boards. A few good folks, but many liars and flat out criminals also IMHO. Looked just like most days with a paint job at the end. If the volume stays up then the price should follow assuming news is not bad. Just hanging on and watching and hoping to see .12 one of these days.
Today looks more controled where a large seller needs to unload and someone willing to take his or her shares at a lower price. It sure does not show strenght when you trade over 4 million and the price goes down now does it?
Thing is they do not always show all the trades. Some are hidden. So many games are played you really cannot know what the true bid\ask is IMHO. There such a thing as black box trading where they hide trades and all of a sudden you see a large buy or sell out of nowhere. This is usually done by people trying to make larger trades, but even MM will move trades in and out to change direction. I try not to get to excited either way since I have a long way to go just to get back to BE.
If they wanted in that bad don't you think the price would be going up? Most likely a false buy. Best to trust actions and not words with penny stocks. If it is for real the the price will be going up. Just waiting and watching as I have over 800K shares at this point.
got all I wish to buy. Time for them to -hit or get off the pot. Enough with the pumps. Money talks and BS walks!
SSDD no news.
I guess it depends on how bad certains Nations debt gets. They may need to pay in gold. It also depends on how much food will be needed if things get real bad. Payment may need to be made in gold if paper currency is not acceptable from certain countries. If we have a global meltdown anything can happen. I just hope it never comes to that.
Might just do that if nothing is hear soon. Price of Gold is surely not helping and I just hope the bottom is in or will be soon. IMHO, we get a full blown deflation gold goes back to $300. I know 90% will disagree, but that's fine with me. I've been around the last time Gold and silver went up and remember.
I find calling IR usually a watse of time. They canot or should not disclose anything of a non general nature and anything else is his opinion. I have heard that on this board. They should abide by RegFD and if it is newsworthy PR all information or use the Fins. Thing is how many times can you say soon and still have it believed? Giving them more time but patience growing thin. Less hype and more real numbers is what is needed. Have a great weekend.
You misread my statement. Sorry, what I meant was write off this week. Also, that feline company. SNEY, on the other hand is still alive or I think it is or I'd be out. Thing is they need to produce and soon or they will just turn into another feline. JMHO
I have no problem with that. Bring on the real actions then!
Funny the dead cat bounced and now equal to SNEY. OK- I'm ready for some huge news that will blow my socks off and send this to .12. How about it Risk!
While I surely like your pic I hear you also own 20 million shares of the feline so you must be pretty down between the two. I think that one you can bury as it is near death. We have some hope, but this will not hold up forever waiting for real news as the metals are tanking. If they get under the price of production (which I have no idea where that is for us) then we can kiss this one goodbye also. Time for news is the first of the week. I think we can kiss this one goodbye and write it off as one of the worse ever.
Question is when and WTF are they waiting for?
so what did he say?
This may be close or my last post of the day. I did not say there were pump pieces here by third parties. I know one that many here were in that had them. Just because I lay out a scenario does not mean it applies here, but could be a sign to watch out for. Too many here are touchy and take everything as a personal attack. I'm inclined at this point to more likely believe insiders have better information than the masses. I know if I dumped in 100K or more privately I'd expect them to return my calls and be more forthcoming. KInd of like the treatment some get here that have information others do not. Seems Reg. FD is kind of a joke here does it not. Either that or some are blowing smoke and using it as a way to trade. I guess we find out soon enough if there is no news by month end if we were being gamed or not.
I believe, right or wrong, it is naive to think otherwise. You do not dump 100K or more as a private investor into a penny stock unless you have one of 2 things. You either know what they have or your cost basis is so low you can game the system paying for pumping so you can dump. Wonder why you always see PUMP letter paid for by third parties? This is the wild west and no main street. Just how many penny stocks do you think are legit? Most are scams or run by people that have no clue as to what they are doing. Every once in blue moon you find a good one with competent management.
Well, I hope neither of us is right because if that does happen it will be very bad for society and usually ends very badly and with the weapons we have today that is not good.
That would assume they have cash. If they had that much cash, I would think the warrant holders would want shares. It also assume the best use of those funds would be to buy back shares versus investing in the business. If the potential for gold is that great and they have cash I would think they would be buying equipment to get more gold unless they thought the price was going down.
If you assume massive inflation you will be right about gold and silver. If, on the other hand, we have deflation gold will go down also.
Yes, but you cannot inflate your way out of this mess. Has demand increased due to lower rates? If all cost inflate then will that not decrease demand even more? You see despite all efforts Uncle Ben worries more about deflation. Of course everything done so far has frozen growth and confidence and not helped the situation and the FED is amount out of bullets.
Yes, but during a Depression it does not matter. You can have all the gold in the world, but if there is no demand for goods it is pretty worthless.
And if they do not exercise following your logic the risk to reward is not in their favor. Now if the big boys have better information than us, which I assume, and they do not exercise the warrants that would be a negative sign. While it may help the dilution problem for us if there are not enough goods to entice investment the how good is the investment? BTW where is the much rumored news. Inquiring minds would like to know!
Well, like I noted in the past once deflation kicks in commodities will tend to follow stocks down. Gold not worth as much when there is little to no demand and people are hunkering down due to a likely double dip. China has reduced imports. Notice copper has plummeted the last few days? Also, China decreased coal imports. That that tell you something? Yep, China is slowing down. The words leader in production of goods is slowing and it will be felt throughout the world. This IMHO will be a global recession if not the D word. Let's hope it does not get to that. My guess is Uncle Ben with an election coming up and his job in jeopardy will go for QE3 and that maybe the last gasp for stocks and gold before judgement day when we are force to face reality and start cutting back on expenses in entitlemets and all spending.
I guess if they are finding enough gold to finance themselves they could keep the price down and let them expire and hold off on news until April of next year. Not that they would do that, but you never know do you?
I never said they did. Read the post I replied to!
Yes, if they get the shares for .007 and we are at .008 then there is not an incentive to flip the shares unless they just felt this was going t tank and better get out now. If they bought and held that would be a great vote of confidence.
I hope not, but time will tell. It all depends on how good and honest these guys are. We know there is gold, REES, diamonds and titanium in the areas they are working. Question is how much. If they have some major finds and pull out as much as we think they should do fine. The REES would be a huge plus. I've see these little companies make super gains and also fail. THe question still out there is how competent and honest are these guys because without that you have no chance at success.
Funny they are up 300% this year and they come off once folks take profits. China has most all the suipply and they can pretty much control the price by limiting it. The demand will remain, but could see a decrease from current level if we double dip. Still supplies limited. I just hope we have them to sell and a market and they are no blowing REE smoke like so many other penny mining stocks have. It does seem they are serious since they brought in an expert. It would be nice to see a report on his findings and if he thinks we have the goods and can locate a processor who will buy our REES.
Funny some people are very touchy around here with what is posted. I just hope they know when I see BS I will call it out. This is not a game to me. It is real money and I hope most look at it that way and not using this stock to skim bits and pieces on rumors or news and buying low and selling high on little pumps and dumps when there is dead time. IMHO this is an invetsment that I hope is a 10-20 bagger with the next 12-24 months. If not, I would not be here.
Seems to me if the wash plants are near capacity we could build our own and use it for what we have, the locals dig up, or lease the spare capacity to another outfit ourselves as another source of revenue. That or JV the cost and usage with another outfit.
Steve
Not me I'm tapped. Bought this one with was was left of another debacle and hoping to get some back. I'll just wait and see what happens. I'd like some proof these guys really know what they are doing. Like seeing gold, contracts for REE's, fins. etc. I already have more in this than I should and am down a penny. I'd just like to see it get to .12 and by all the BS thought it would this year, but to my dismay that does not look like it happens anytime soon. Maybe in a year or two if they get their act together. If they do better that would be great, but with all the outstanding shares and ones coming on through warrants they have to produce big time to make it happen. JMHO
Maybe HV should spend his money on glasses? Well, the Big KATX broke under a penny and who knows where it gooes. With no news it will go into tax selling season hard and no doubt could go to triple zero's. I guess I was not so stupid selling in the high .025+ range as some thought. At least I preserved a small amount to play again with. Not saying I will not blow that too, but this was a surely going down the tank. Last hope is to merge KATX into BVIG and start the P&D all over again. It is either that or Ken just Bankrupts and it is all gone and he goes to work for someone. Copper down 20% and REE's even down. MOLY down $10 yesterday. So the chance of an investor coming in is slim. VALE is unknown, except maybe by insiders. It could be still alive or VALE just circling waiting for KATX to die and buy them out for a penny on the dollar or at auction. Our only hope, assuming we get our shares, is that the story on HC is good enough and the price of gold goes up and just maybe they have a go at #3 and we sell at the peak.
I just do not like BS games that's all Risk. Here this is for you so we can be friends. Enjoy!
I sure as heck hope meeting these folks in NY was not your BIG NEWS! If so, we are in trouble!
Great Unicef just a commie front using kids as unknowing pawns.
Well, that is appropriate since you would have to be a FOOL to believe anything he says. Really, no real news in 9 months or more and no shares. You are not fooling anyone, at least I hope not. NO, you guys built this fraud up on hopes and dremas and fueled greed and had everyone stay in the game while many dumped that knew the score. So you have to keep it going or else be figured the frauds they are and they hope another round of suckers will come to play and get stars in their eyes and get pumped and dumped. How people can do this to others just makes me sick. How the heck do they sleep at night knowing they lied to good folks and that they will lose their hard earned savings? Maybe it was done to them so they figured it is payback? Maybe they are just in so deeped they cannot accept the fact that they have lost it all too? Either way, smell the coffee. The only way you get your money back is if they play this game all over again and you sell before it falls. That assumes you get your shares. I would also sell. I just will not pump this POS!
I have no idea what he thinks. That message was in regard to another stock we both held at one time and he asked about it. I just know that another fluff PR without meat will do no good and I hope we are not being pumped for something that is just more air that will possibly be delivered sometime in the future and there to just string us along and get good folks to buy more. You see I don't like games.
WEll, if that is the case then they better have some freaking fantastic blow your socks off news because that is what we all have been waiting for since mid year. I mean like they processed a few million in gold, have a large REE contract for all we can supply at X amount per ton, have sold a concession for multi millions etc. If it is just more fluff that will not cut it.