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well, they will.
JMO
Lt.
Has Gyer increased the A/S yet?
Haven't been paying attention.
Thks
Lt.
What portfolios? Link please.
Lt.
Quote: "From the looks of todays trading only a few sold some shares the others were shorted...And the majority are holding"
Link please.
Lt.
"Professional Investors" aren't investing in CGF. Neither are the institutions.
That's not the market cap. It's your evaluation of what CGF is worth. The market disagrees with you, however.
Lt.
Look on the bright side. If CGF dumps 250 Million shares a day, it will only take 4.22 months to dump the 30 BILLION shares.
JMO
Lt.
Ahhh! Both Borgon and Aristotle are wise men. Gold star to both of you.
JMO
Lt.
The answer to your wtf is another 30 BIllion shares. It would appear that we all would share your moniker.
JMO
Lt.
Just not too sure how much better.
JMO
Lt.
And still no bid. That's understandable with another 30 Billion to dump.
JMO
Lt.
Just wait 'til Thurs. Will be close to it then.
JMO
Lt.
Since MGMT doubled the A/S from 30 BILLION to 60 BILLION just this week, an R/S will come later.
JMO
Lt.
I believe you will find all kinds of stratagies.
JMO
Lt.
Richie - Where ya been?
Hey all! I got a plan. I'm gonna slap the ask all day long next Thursday 'cause that will drive up the pps. If we all slap the ask next Thurs we'll have an ask slapping day. We'll all be rich.
GO CGFIA!
IMHO it doesn't matter what it's for. I just hope guyer dumps the entire A/S before the MLRB meeting. That way we MIGHT see some movement.
Lt.
Great news, Borgon. Congratulations! My best wishes to you and your new family!
Now I know why people go camping. LOL.
Lt.
2.5 to 1, buy to sell ratio. When was the last time we saw that?
Lt.
GLTY, Capt.
I wish you the very best. Yet, somehow I sense a feeling of disapointment.
God bless & be well!
JMO
Lt.
My best wishes to you.
JMO
Lt.
Wonderful world we have! The best part is the ability to have our own opinions. I'll be the first to admit that you have the perogative to be wrong. LOL.
JMO
Lt.
Not much left for CGF to raise capital with. I wonder what is coming next?
JMO
Lt.
None of the MM's work for free. There is obviously a commission for them. Admittedly, I have no idea what the commission is nor how it is arrived at.
JMO
Lt.
IMO - The vast majority of the shares are not retail. It only makes sense. GCF needs $$$ and the primary place to get it from dilution.
To those of you who don't believe that, just review the O/S for each of the successive reported financials.
Wake up guys & girls! That's the way it is!
JMO
Lt.
And it's only 3% of the O/S assuming all of it is out. Gonna take a lot more than 3% to move this one.
JMO
Lt.
Well, the PR didn't change the bid. Wish Guyer would get rid of the entire A/S prior to the 20th. That way they can't dump anymore and maybe, just maybe, the pps will move some on a good recommendation..
JMO
Lt.
IMHO if we don't see any price action on the 20th (if Wally's recommendation isn't favorable) we all can kiss our investment good bye. I don't see the MLRB overturning their staff's recommendation.
Lt.
What about the capital necessary to get the mill up & running?
JMO
Lt.
I have to agree with Kit here. The professionals I deal with don't point fingers. As an engineer myself, we deal with facts.
A letter of support should support and not place blame on the very people you're writing to. Telling someone that they're an idiot won't get you their support.
JMO
Lt.
St. Michael - The price per share times the shares outstanding is called the Market Cap (MC). This gives you an idea of what the market values a company at. If the market cap remains the same and the shares out increases then the share price goes down and so does your investment.
Hope this answers your question.
GLTY
Lt.
Merger will never happen. PR is for pumping purposes only.
JMO
Lt.
Brenden, the pps means nothing without a comparison of the market cap. The o/s was a lot different 1 1/2 years ago.
Also, number 2 rule in investing: Don't get greedy. Any profit taking, even a small profit is a good thing.
JMO
Lt.
Great post, AK. Enjoy the weekend.
Lt.
Ficose - Thank you for the post. I don't take anything said here as gospel. I read the DRMS reports, the MLRB orders, the Joint Stipulation, listened to the last live MLRB hearing, read the PR’s, the correspondence btw Guyer & DRMS and have a real good idea what’s going on.
IMO Guyer spent a good deal of time on memorandums of understanding, trying to acquire properties, and creating delays when his primary objective should have been getting the mill up so the company could start generating income. In order to do that he needed to get the environmental issues remediated. IMO he could have and should have had it done long before now and it still ain’t done.
The company’s officers and employees should know what could present an environmental DRMS issue when moving “rock” (tailings) around the property.
I agree the increase in the bond was not a penalty. It was increased, however, because the DRMS believed it would cost more to remediate after the “rocks” were moved around. I read somewhere where they penetrated one of the tailings ponds’ isolation barrier.
IMO this management is incompetent at best and fraudulent at worst. I get the impression from my own DD that Guyer knew nothing of the mining industry until he got to CGF. That’s the impression I get.
Now, there is no way CGF can raise the capital to get the remediation done without a R/S and further dilution. This is my opinion. I don’t care if anyone agrees or not. I don’t care if anyone likes the opinions or not. I share them on this board so others can do with them as they like. I,ve read other opinions and appreciate them as they get me thinking and often cause me to re-evaluate. I keep coming to the same conclusion here.
So why am I here owning the stock? I got in because of the binary event of the last MLRB hearing. I sold some after, but, bought back way too early expecting better management results. Bought bunch more to lower the average price to trip 5’s. If positive DRMS recommendation, then possible profit. If not, I haven’t bit off more than I can chew.
Have a great holiday and be well!
Lt.
Excellent! You answer odega's question then.
Be well!
Lt.
Kit is correct regarding the screw up by CGF. Personally, I don't believe the management is competent. PPS would be much higher by now if they were and the environmental issues would be behind them or nearly so.
The jury is still out, as far as I'm concerned, as to whether the company is scamming investors.
JMO
Lt.
I wish everyone good luck as well. Choosing stocks takes a lot of DD and the ability to ask the right questions. Asking the right questions takes both intelligence and experience.
Regardless of the outcome here, we all will learn from it. Some will learn more than others. That's just the way it is.
Be Well!
Lt.
Odega - I'm not going to respond to a silly question only to be brought into a hypothetical debate. I'm not wasting my time doing that.
JMO
Lt.