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https://www.doddfrankupdate.com/DFU/ArticlesDFU/FHFA-announces-new-deputy-director-80813.aspx
Jason Cave has been hired by the Federal Housing Finance Agency to serve as its new deputy director for the division of resolutions (DOR). He will be replacing DOR head Robert Fishman, who is retiring after 20 years of federal service.
Prior to this new role, Cave spent 27 years at the Federal Deposit Insurance Corp., where he served in various positions, including senior advisor to the chairman and senior advisor to the director of the division of complex institution supervision and resolution. Cave also has been a participant in international policy and supervision initiatives, a member of the Basel Committee on Banking Supervision, and chairman of the Basel Committee’s taskforce on simplicity and comparability.
“Robert’s leadership has been invaluable to me and to FHFA,” Director Mark Calabria said in a release. “His straight-forward advice and management of the conservatorships has helped keep the Enterprises [Fannie Mae and Freddie Mac] accountable. He is the very definition of public trust.
“I am excited to welcome Jason to FHFA where his deep well of experience and knowledge will help position FHFA for success now and into a post-conservatorship environment.”
Smcaps bronze
Could a country who holds US bonds of packaged mortgage finance or who has a foreign exchange that trades a Fannie/ Freddie ticker presumably be capable of a suit in the international court of justice? How would it play out there? Less bias?
Are all the conversions done and over with?
100 bagger from these levels!!! Gonna have 2 pennies to rub together soon!!!
Beautiful run back in '13. Let's do that again.
New highways? ! Yay! That's blatant misappropriation. I almost feel like politicians are helping to manipulate pps by throwing $h!T in bills they know won't pass.
Here's a bill I would like proposed: Government exercises 79.9% warrants and sells. F&F is released. The money raised is placed in a housing fund for future troubles to be used in lieu of bailouts. Ongoing estimates are kept of how much should be in the fund to cover an economic downturn. If we're above that figure, then profits can go to dividend according to common/preferred schedules. If below estimates, then no dividend and profit goes to the rainy day fund....
Will this ever leave .0001??
March 17th is another latte prophecy. I don't trust those - just like the "buying groups" that never showed up.
Doubt it would be oil - not the most lucrative for small timers at the moment, and probably wouldn't get the desired chase. Maybe he can market helmets for all those folks who are banging their heads repeatedly into the wall.
Is it IDGC or Corr brand? I've not been able to determine the exact nature of their relationship. Can you help to clarify?
Standard pinky land language
I will hold this turd to no bid, disillusioned by what a fine morsel it once was.
Perhaps from discovery during audit process for 10k
Not a bad sign imo
A couple rounds of convertibles in January, one in February, the last in March and this will be a clean shell.
What's with the weird sp on the chart? I didn't think that OTC traded past the fourth decimal any more.
Precious preferred are no longer majority due to all the commons. Vote now required.
Their presence are symptoms, not root cause. Opportunistic parasites require the right conditions to thrive... But it sure don't help matters
Closing at this level will add about 200m to the OS if my math is right.
Two big notes to convert 240k+ on 10/21. Every closing price counts for both between now and then. They're stringing this SPA closure too long to help much.
I'll take a dime
FLPC= 10 bagger from here.
Everyone wants to know. .. has IDGC bought the farm? ?
50m+ OS increase will not be a surprise for this wk to cover the 95k for the SPA which we should see news about come Monday.
It keeps getting better and better!
So we didn't just acquire half their mill but half of all their operations? Nice!
Well aware of the hard hits. Been here over a year. Just as down as the next long who did not capitalize on the run up to .08. Now averaged down and on deck. Life rafts are a plenty. Why trust the back of the Joker with one arm floatie who swims in circles, heckling the damage, passengers and crew and then says "let me save everyone."
Looks like we fell below his "3m -100m" focus
At current pps, we are cutting it close having the ss to cover all outstanding convertibles. We will have the AS maxed. That's gotta make it tough to find new sources of funds. If some positive occurrence could run us up to last year's peak market cap, even with a maxed AS, we could see 2 pennies, but there definitely is more against us this year than last, and a lot less enthusiasm and trust. Without positive developments coming to light soon, we'll see another increase in ss by spring.
Pg. 7 – it looks like Sunrise is an active placer mine between Lovelock and Winnemucca…
http://www.nbmg.unr.edu/pubs/mm/p22/p22.pdf
By the way… pg. 15 Dunphey Mill, operated by Halliburton on Dunphey Ranch Rd… Any connection?
Hi Martin,
Here’s how I figured it, including links:
Going back to the PDF stating 0.14 oz per ton in gold in Rose Creek:
http://www.nbmg.unr.edu/scans/4000/40000001.pdf
This particular link looks at Barrick – the “average grade” runs from 0.011 to 0.496 in this example, with the majority of sites having considerably less average grade (and some real close to ours):
http://www.businessinsider.com/tons-of-rock-for-an-ounce-of-gold-2013-4
Using Barrick’s cost per ounce in Nevada as a comparison point (which was 0.133 average grade in 2013), profit could be around $300 per ounce:
http://www.barrick.com/operations/united-states/goldstrike/default.aspx
At 0.14 oz per ton average grade, 500 tons per day would yield 357 ounces in a five day work week x52 weeks = 18,564 ounces per year x$300 = $5,569,200 per year of potential profit, using numbers from others in the industry for comparison.
This is gold only, and doesn’t include silver, copper, and tungsten.
That's costing $900 per Oz to extract and $300 profit....
500 tonnes per day can = $5 million + profit per year (at historical 0.14 Oz per tonne at rose creek and a 5-day work week)...
This board gets confusing and hard to follow - besides the bickering, people referring to themselves in third person. Makes one wonder if it's the same person with multiple accounts who has confused their own self and is now just doing whatever.
Potential $1 million profit per year for every 100 tons processed per day
Rose creek : 1.5 Oz per tonne in copper; 0.14 Oz per tonne in gold.