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Looks like the trend is up. I still can't buy Arg! . My broker is the pits. Have a good weekend all.
I was going to buy $um but my broker won't let me trade this stock yet.
OK now it's time for Gold Hills to show us some drilling results.
Ya the fact that they are moving forward men's they are finding enough gold to proceed. That is A plus for us down the road. Assays are in the lab. Results may bounce this back up. Have A good weekend.
On January 29, 2013, the Company borrowed an additional $100,000 from Tumlins Trade Inc. The loan is unsecured, and bears interest at 7.5% per annum. This loan is payable on demand after the first anniversary, upon thirty (30) days notice. Tumlins Trade Inc. In lieu of repayment of such loan in cash, Tumlins Trade Inc., at its sole option and discretion may convert such note and request the Company to repay any or all of the principal and interest in the form of restricted common stock of the Company at a price per share equal to Ten Cents (US $0.10) (the “Conversion Price”). Such Conversion Price shall be effective after the completion of the Reverse Stock Split .
So let me understand this better. Does Tumlins get (if they choose) A real steal of A deal. Restricted stock = to.001 pre conversion price ? Is that right?
On January 29, 2013, the Company borrowed an additional $100,000 from Tumlins Trade Inc. The loan is unsecured, and bears interest at 7.5% per annum. This loan is payable on demand after the first anniversary, upon thirty (30) days notice. Tumlins Trade Inc. In lieu of repayment of such loan in cash, Tumlins Trade Inc., at its sole option and discretion may convert such note and request the Company to repay any or all of the principal and interest in the form of restricted common stock of the Company at a price per share equal to Ten Cents (US $0.10) (the “Conversion Price”). Such Conversion Price shall be effective after the completion of the Reverse Stock Split .
So let me understand this better. Does Tumlins get (if they choose) A real steal of A deal. Restricted stock = to.001 pre conversion price ? Is that right?
How long will we wait tell this reverse split? Anyone get A letter in the mail yet?
looks like the selling is done, at these levels anyways.
So now what? ( Im new to A reverse stock split)A letter to stock holders is suposed to be mailed. Do us small stock holders get A letter too?
This Information Statement is being mailed on or about January __, 2013 to all Stockholders of record as of the Record Date.
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on another note
Do you think this is the real reason for the reverse stock split?
It was put in all capital letters for us to notice it.
Potential Anti-Takeover Effects of the Reverse Stock Split
THE OVERALL EFFECT OF THE REVERSE STOCK SPLIT MAY BE TO RENDER MORE DIFFICULT THE ACCOMPLISHMENT OF MERGERS OR THE ASSUMPTION OF CONTROL BY A PRINCIPAL STOCKHOLDER, AND THUS MAKE DIFFICULT THE REMOVAL OF MANAGEMENT
Tumlins trade got 20,600 shares to pay off there debt.
Looks good for a gain now. Are you still playing this one? I'm in for A few.
The bid didn't go down today, even though all the sells. I think this shows me that buyers were buying at the bid. Hmmm.
Well looks like I might of had A wrong opinion, it happens. But personal attacks are not cool! Now go do your crying to someone else please.
Alright!!! I see this news as good news. Firstly the name changing to Gold Hills Mining Co means to me that the property is worth mining! If it wasnt they wouldnt think of using that for the new name.
And secondly Im happy about the reverse stock split. Now this wont be A penny stock and it can move to A better exchange! This should bring attention and seriouse investors( the ones that dont trade in pennys.
Im thinking the stock will be ceased from trading while the changes in shares are made. I wonder if the stock symbol will be changed Maybe to GHIL or GHMC ? Anyways its looking like our little mining co is growing up
Heres the news http://ih.advfn.com/p.php?pid=nmona&article=55837255
I'm hoping spring will bring news of a drilling campaign at Misty Hills. That should breath some life back into ADNT.
There selling there share for nothing! I will wait and hold for later.
The companys short investor summary has been updated with the new share numbers as of 1/03/13. Im unsure if anything else has been updated.
http://ardentmines.com/uploads/Ardent_Mines_Short_Summary_03_01_2013.pdf
also this
Analyst Wayne Atwell, CFA rated:
Market Perform / Speculative Risk
Glad it's green paint though.
ADNTs on the move. Happy New Year!
OK ADNT how about some more news. How about telling us what is going on.
On another thought about this. This may be good because now there is more interested in seeing this go up. Hopefully they are interested in seeing A new mining co come together too.
Ya and this may give them more voting power/ control of the company too?
News came out on the 21st. 8-k shares traded cheap to pay off debt.
Sure would be nice to have The weekend and Christmas green as well. The stock market closes early on Monday.
You are right also there was only $2500 worth traded today.
I sent them A email last week to there contact info from there web site but I haven't gotten A reply. It Kinda bugs me. Any one else care to try?
Thanks for doing your job here Mike.I understand how you must be feeling. It does hurt now. But I do believe this will turn back up soon. When it does I think it will go up faster then it came down. IMO
I agree hope for A great Christmas for us all. Or maybe it may continue through the end if the year? Hay LoL I was looking through my little phone and your pick looked to say something A little different. I thought the last word was wenies sorry LOL Any ways the market makers are looking competitive to gather these cheapys at this low price. Best wishes to all.
LOL I like your new pick. Feels like how this selling has done to me! Hahaha.
The Company is filing this Report on Form 8-K, including the information contained in Form 10, for purposes of compliance with Rule 144(i)(2) promulgated under the Securities Act of 1933, as amended.
The shares X the price = only $664,800. Id say thats undervalued!
I bought more today. Picked em up on the bid for .04 Good luck to us all!
Why should they PR anything, while someone is intent on selling no matter what? If they wait like they have been some can pick up cheapies and when the seller is do the PR news will have more bang to lift this back up where it deserves.
Looking at the trades, looks to me like people are buying at the bid.
Mike does A great job! You guys also seem very smart. Why don't you join the team and call and ask what's going on? I have my own opinions but they are not verified. I'm busy check it out. It's only google if you have time. Either way it may ease your mind but I know the selling will end. IMO I will wait. And buy.with what I can. Maybe sell my car and buy more. LOL
Well it may look bad now. But there's only positive news. Most of us think this is A old big seller that needs or family possibly wants there cut today not realizing the value of what they have been givin. So in long thinking this is A easy win. I also play the day to days. But it's these opertunity a that can be the lottery. The company has no reason to dilute there shares. They have backing. Why else would respected profecionals jump on board. Irma's turu holds the most shares. He's smart he's Russian and hired his team to double check the operation . I have personally worked in mining and most of this is normal. I should be quit and let the fear drive this to the very bottom but. I'm A good guy. I think by feb this will be at least . 22 Your call for me I see it up steady after the seller gets done. IMO I also see this this year Bering hard. The company needs funds. So A possible pump to gather awareness of this is in order. I'm in the hole right now to but by years end I feel I will have made bank. Maybe off sorry to say but hopefully not you. Best wishes
Me
Can you guys believe this? Who would sell so cheap? I didn't think this could happen. But I'm gonna take advantage of it!
Also last time it was Kev buying the .8s and .10s. For A easy double. I would be buying if I could. Hopefully soon.
Nope IMO.
These things take time. The gold reserves need to be mapped and provin b4 construction begins. The time table is normal for A mine of this size. I'm gonna hold and hope to buy more cheapies.
Wow that's A lot of buys already today. That's A good way to start the week!