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yes seems something is brewing, just dont know if positive or negative or current shareholders.
Dont own many stocks over $100 let alone $50,but this is one for the long haul.Obamacare will propel this one upwards and upwards over time.
Can anyone tell me what business BTDG is in ? do they have any sales revenue ? any assets ? I have seen cable/media. mortgage lead generation ,mining, etc all mentioned but BTDG own financial financial statements show no activity.
Also to moderators- why is the fake degree CEO claims still listed ?
thanks for the article. i am a long term accumulator of HL and PAAS , i rarely try to time exactly when to purchase. i do expect a major move up in silver in 2015.
Welcome to the BTDG version of disclosure !
A good start is the RHN SEC filing - no where is BTG mentioned as a 10% owner.
You missed one filing BTDG made where they said they owned 10% of SSM which owns majority of RHN- but then in seperate filing they said for the issuance of BTDG shares they received only 2,000 shares of RHN.
On top of that no where in BTDG financial statements is there a footnote showing the accounting for this supposed investment.
BTDG reports they issued shares to the Anton group,but no where doesit precisely say what was received that isnt in conflict with the various filings BTDG has made.
It is indeed a mystery.
I think becasue of perceived negative operating trends, and valuations based solely on current price of oil scaresome off this stock. Since I think oil price wil trend upwards next 10 years, I believe this will offset any operating difficulties. I could be wrong,I havent studied their operating results.
Seems market has absorbed their recent perceived difficulties, and valueing without consideration of where oli might be 2 to 4 years from now.A definite buy for longer term investor.
I see fake degrees have been removed from IHUB, that is ony fair.
Has anyone found any concusive evidence of whetehr BTDG actually has any interest in SSM or RHN ? I have looked at filings again made by BTDG and it doesnt show conclusively anything . In one part shows SSM,anotehr RHN. Very strange.
how low can this go ? brokerage statement still shows dividend above 20%.
Hecla is a tremendous company but has been stuck in a space between juniors and majors for some time. They need to breakout to new markets (a) get a market cap large enough for institutions and US analysts (b) get back to where general retail investors would recognize it.(c) spend greater effort building volume in Canada, and European retail business.
To do this in my opinion they need (a) do another acquisition preferably in silver sector , most likely would need to be Canadian firm (b) start slowly increasing the dividend steadily (c) become more aggressive in building market awareness.(d) consider a convertible silver bond issue.
This is an excellent time to consider acquisitions due to depression in Canadian equity market, and company could also expand investments in juniors for the future- a strategy that Kinross employed sometime agothat propelled their growth.
Hecla's greatest strength is its greatest weakness, very experienced and solid management but in a culture that is overly conservative.
Yes but just the fact they pay the dividend and tied to silver is simply a marketing tool that isnt negative. If Hecla can increase dividend yearly above inflation, and as cash flow permits it helps its overall story. I have more of a concern Hecla not being a bit more aggressive to build market cap through another acuqisition in 2014, this would help build instiutional support.
To Moderators Re: Fake Diplomas listed on IHUB: Can one of moderators delete the references to the fake degrees claimed by BTDG for its CEO ? It has been conclusively shown that one degree is from diploma mill, and the earlier one apparently from a place that perhaps never existed. It is really wrong for this information to be put out there.
Can anyone think of any objective reason why this stock would have a run ?
I doubt BTDG high on SEC priority list, but eventually it will probably be de listed at some point.
The SEC in 2013 halted trading on some 300+ companies and this year over 200 for not filing any informatin on pink sheets, so it seems first step to clean up market is to halt trading on companies not filng financials.(of coruse if SEC noticed BTDG financials it would probably be halted immediately).
Next step probably SEC will stat looking at sub-penny company financials and level of operations to see if should be classified as shell companies. Will take a while, I predict though in 2015 after SEC cleans out many OC companeis not filing financials, they will then start after companeis like BTDG.
The other possibility is they find BTDG press releasess hilarious, that they also always interested in what is next !
Shoshone certainly has along history and one of the survivors from the old Spokane exchange days. CHMN seems to depend on when Sunshine owners decided to go after it. NJMC seems to have insiders putting in money so that should move sometime. ASLM I quite agree takes a silver rush mentality to get it moving.
Yes the list is very long . I agree it is so amazing that it is fun just watching what new "project" comes up. it is also curious an educational those who promote the stock and their responses when one points out the facts.
You may disagree but got to admit the tenacity of CEO in continuing BTDG is something. He cant be making money out of this, the company surely isnt making a dime, yet every year some wacky project is announced.As apparently he has no education past high school and running a "public" company, it is interesting his thought process.
The financials are hilarious, I still cant get over "negative assets"
My comments were based on your request for anotehr poste to qualify their answer that Hecla was a long term play- and I provided sufficient reasons also for that opinion.You may or may not agree but those were valid reasons.
Seasoned blue chips ? The world is changing as we are in uncharted territory. Holding blue chip stocks for long run may have worked well in the 50's through the 80's but it is a differnet world now. Silver is silver- we can mine as well as anyone. Braizl,India and China are up and comers.Just imagien the logic of solid blue chips buy and hold applied to GM investors and look what happened there.
You are quite correct precious metals will always be volatile as with any commodity. But I would prefer to buy stock of a company that has reserves and thus mining money, than blue chips subject to a changing world that they may not be prepared for.
Which assumptions ? I agree that there are so many assumptions that it is amazing to follow them. First someone assumed BTDG CEO president had real college degrees, ends up there were purchased from diploma mills. Then there as the purchase of a non existing business for severl hunded million shares. Then the big one, that BTDG actually owned part of SSM, though not on their balance sheet, and their own filing says otherwise. These are all facts not assumptions -according tocompany itself.
It is an abosolutely fascinating story.
But who knows, if one considers BTDG solely as a lottery ticket for which no reason is necessary to purchase, at least that is an honest reason rather people posting positive comments about events that never took place.
Dont get me wrong, CEO may be great technical guy but he seems a bit challenged to make factual filings with otc markets.
By promoting the stock people posting on this board positive words with no ascertainable objective reason.Isnt that promotion ?
However I stand corrected if I gave impression I thought there was an organzied promotion.
Yes quite interesting as even for a pink sheet stock there should be some objective reason that people promoting the stock can come up with.
Quite disagree with the reasons provided against buy and hold, or in my opinion gradual accumulation ofr HL for the long term.
First, there is a difference in risk levels between exploration companies and producing companies.
Second, gold and silver do fluctuate but ultimately may be considered insurance against inflation or turmoil. If one looks at economic history - forgetting one's particular political point of view- the USA debt levels and gorwh in money supply these past years almost dictates inflation or declining dollar. Past investment reurns you mention were in different economic circumstances.
Third, silver unlike gold has a substantial industrial need. So with India, Bazil and China growing they need silver. It take syears now to discover and permit a new mine, and getting more difficult.
Four, Hecla shows consistent 100 years of management culture with operating excellence, and conservative approach. It has a wide variety of exploration potential, but from Lucky Friday alone a growing production profile.
Yes Hecla has issues it needs to build market cap to get moreinstiutional support ( which means another acquisition should be done), it also should raise its dividend steadly.
However it seems to meet every criteria for a long term holding
If you look back when Pan American was founded back in early 90's they had a definite strategy from day 1. The other silver majors could have picked up many of same projects, but PAAS picked up projects steadily focusing on production , cash flow and building reserves.
This management has stood the test of time.
Any silver producing compay that can pay a decent dividends, have ability to do sahre buybacks,and for over 15 years followed a consistent strategy that has made it a blue chip amongst silevr stocks, is a long term buy in my opinion.
Short term fluctuations an non cash charges dont concern me to omuch as I see this as a mid to long term play.
I would be curious what objective reason indicates there is potential for BTDG going forward. Are there any sales or profits to report ? Will the financial statements be prepared correctly ? Have they finally decided on a massive reverse split ?
It seems whenver someone promotes BTDG on this board no one seems to ever give a reason that basically seems logical, so I certainly look forward for the reason for optimism.
Why would 1099 show anything for 2013 ?
PAAS and HL both blue chips in silver industry and from a risk-reward standpoint great investments to accumulate. In regards to ICBT I will take a look, FCGD is another sub penny play on my radar screen.
How many mining stocks pay a dividend, do share buybacks,and following a consistent strategy since the 90's ? Yes PAAS stands out from the crowd. I think they wil maintain their dividend and over time increase the dividend above rate of inflation. Junior mining stocks stillat fire sale prices, so PAAS well positioned to buy resources and even reserves at this point.
Great move would be for PAAS to buy HL !
Share structure is a ticking time-bomb with the DTC and FNRA. The financial statements of bTDG clearly show it has been a shell, so those shares issued in many cases cant be legally sold. Then on top of that , shares seem to have been issued for non-existing businesses ( i.e. mortgage lead generation), so DTC if they look at might put a chill on BTDG stock.
On other hand if some wacky broker would accept several billion shares for sale, that would certainly hold down the price forever.
Someone buying though, anyone have any ideas why?
Can anyone show exactly what is situation on BTDG's suppsoed ownership of either SSM or RHN ? The filinsg are confusing and not clear, the financial statements dont show any such investment on the balance sheet or footnotes.
You may be very correct for short term about SSRI. I just think PAAS and HL have compelling stories for medium to long term.
Pirquitas has been for some 30 years a good story, never seems to deliver though.
havent received yet, what did it show ?
Interesting. Let's assuem you are right and they do own 10% of SSM,and perhaps that is a reason for recent volume- then why cant BTDG just disclose what they do own correctly andreflect on their financial statements ? BTDG itself brings on such questions by poor disclosure.
As far as LOI from a year ago still being "pending" , it would seem a stretch to consider "probable".
There is nothing I see in RHN filing to support this idea that BTDG got shares of RHN that changed its name to SSM before it then spn off RHN to do an IPO. I will read the S1 again but I dont see this
"Common knowledge" - Just where in BTDG financial statements does an investment in SSM or RHN apear as an asset on the balance sheet ? Just where in the footnotes "prepared accordng to US GAAP" or so they say, does a footnote on this transaction occur ?
It could be very positive news, just trying to figure out where is this shown by publicly available informaton ?
Since the press release LOI never happened , why post a press release about something that never was implemented ? Isnt this misleading ?
Have you read what BTDG has filed with otcmarkets ? I copied and pasted exactly what they filed. It say they received shares of RHN,not SSM in what I posted. Second financial statements do not show any investment in SSM or RHN for that matter.
I really think something will happen this year.
have to admit quite interesting the recent volume
Can stock still be bought or sold electornically ?
A question, how many days of late filing or non filing causes company to leave OTC QB ?
Well the quick update is there are now 2 lawsuits underway, as far as I can see there is no mineral interest as they couldnt meet the terms of prior deals,
As far as the mill besides two liens against the mill, one can assume if lawsuits successful there will be a third lien or perhaps a seizure under a judgement
DTC chill on the stock in fact was expanded to a global lock, which I assume cuts off any possibilty of equity or convertible debt financing
Compay continue sto not follow SEC Guide 7 andmake non-sensical references to NI43-101 compliant reports, so just begging SEC engineering office to issue comment letters.
Sorry maybe I am missing something, but CFO seems to have successfully eliminated any potential in this company.
Something should happen with KHGT soon, just dont know what until company updates us !