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I do appreciate all of the info that is reported on this discussion board. I have never understood the metal stocks so forgive me for asking fairly basic questions. The market normally assigns a stock with a forward looking value. It seems that the value of 1.3 is due its history, the opposition, a deal with a mining company and the uncertainty of a successful EIS and permit. In a month if the EIS is approved, what do you think the price of NAK will be at without an announced partner? Does NAK maximize its value after an announced buyer or after mining begins? I appreciate any perspectives to these questions.
I also did read the data as positive. But I thought that I remembered the company providing additional further explanation that the occurrence of SAE were common and wasn't unusual. I think that the wording of "serious SAE" were key words that caused the confusion IMO.
My bad, you are right - I was thinking of the 10 subjects that reported serious SAE reported for Phase 2 DEE in Sept 2019, not the most recent reporting of data.
I believe that the previous write up of the results of the side effects were too technical To understand and thus it was misinterpreted by the analysts and investors. Even though they tried to explain that it was actually a good result and not abnormal, the damage had been done and some of the investors must have lost interest in the stock and moved on. ZYNE will have to prove itself again and I am sure that this time, they will be more careful how they release their data so the average joe will not misunderstand the results this time. I think that hardly anyone looks for retractions or follow up press releases after the damage has been done. No matter, good results in Late May and late June will have get this stock rolling fast IMO.
ZYNE is Fairly stable at this point. Thought I heard from the presentation that some Phase 2 data for one of their products will be reported earlier than the Phase 3 FX. Looks like it will bounce between 3.5-4 until the next set of news. Heard that that GWPH got good news for epilepsy product. Hope this doesn't deter from ZYNE product. Cautiously hopeful for favorable results since the prior study was so stellar.
I don't think that the Phase 2 trials are as important as the Phase 3 results. If the data from the Phase 3 is bad, it will be a big setback for all of the trials, if good, $$$. The data is expected to be completed next week. The volume hasn't been large enough to assume any institution selling at this point IMO. I guess that we will see whether ZYNE is going to go up or down in a short while.
Phase 2 reporting is great, but I think that if Phase 3 results are positive, then you know that the stock will explode, especially when they have 3 more products in the pipeline. Estimated time that the data will be completed is at the end of the month, with completion of the study estimated to be at the end of October. If you believe in the company, hold on for a few more months and you will either make a lot or it will drop like a rock until the next Phase 3 product is completed IMO. The ride will continue to be very bumpy until that time. It is good that we have around 20% ?? Institutional investors owning this stock. Should stay between 13-16 unless there is a lot profit taking.
Since the trial has been fast tracked, FDA is getting the data on a rolling basis and will have more frequent meetings with the FDA to make sure all of their T are crossed. Hopefully, in late July, ZYNE will have all of the data finished and be able to present some preliminary at some conference . Otherwise we probably have another 2-3 months before the final report is submitted. Bodes well for success, but there is always a risk that a larger sample shows different results IMO. More volatility as we get closer to the end of July.
Too bad VTSI wasn't able to get any part of that $400MM + contract that Microsoft got for Army training using augmented reality systems, supposed to aid their decision making process.
Anyone know when is the next quarterly report due? It has been over 3 months. Unfortunately, it isn't listed anywhere that I can find. It is so sad to see that so far, nothing seems to help this company raise in price. Very disappointed that the leadership seems to be lost since moving to NASQ. Leadership seems to continuously misreads what excites the market, reflected in dismissal price action. Good product but clueless leadership. A recipe for a company that will flounder forever.
Does anyone know what the options are for HECLA now that arbitration has been rejected? Obviously, there will have to be movement on one side or the other and with two mules, I think that there will be just a bunch of heehawing with no resolution. This is a pretty long strike compared to a history of strikes in the past. Just can't believe that this is the most efficient way for HECLA to operate. Any reasonable thoughts?
Does anyone that NAK is now off the fast track to get the EIS completed which means that we would probably be looking at <3 years instead of <6 months due to Pruitt's recent comments?
Good call on the drop to $0.80. Does anyone know the criteria that AMEX uses to delist a company? Also what is FM's commitment in holding the option? If they decided not to exercise their option, does that mean that they will lose the $xxx millions that they paid for the option? What is the consequence of NAK share price dipping down, aside from a possible delisting? IMO the stock price will not move upward, aside from speculation buying until the EIS is completed which means there is more downside than upside movement for the coming 6months - 1 year. Don't think any big investor will touch this stock until the EIS is completed.
Do you think earnings will come out around 2/14/18? Any expectations about earnings? We should definitely beat 4th Q last year. If our paperwork for the SEC registration is clean, do you think that we may get it by March 2018? Is the SEC registration that prevents VTSI from getting institutional investors or is it the uplist to NASQ? At least, we haven't slid down past the 2.60s for now.
I think that in one of NAK older presentations, the timeline for permit approval was sometime in the middle of 2021. Other articles say in 2019-2020. My understanding is the feasibility test (starting in 2018) will remove most of the doubt about the mine because it is a more extensive test of the mine's resources. What do you think it means when EPA says that by 2018, they hope to respond to permitting decisions within 6 months? Does that mean actually giving the permit or letting the applicant know that the process has started on their permit?
So as I understand, if the EIS is approved, then before we can get final approval of the permit, there needs to be a period of public input and the resolution of potential lawsuits. Has anyone read any news about recent polls public opinion of Alaskans concerning the mine? Obviously, in the past, the majority of Alaskan voters were against the mine along with a biased EPA. Does Alaska have any veto power in the state constitution to prevent building within the state? IMO that would be the biggest concern.
Interesting ploy on HECLA to send the terms of the latest proposal to the union members. Wondering if the union has been totally honest with their members. It would be insightful to see a comparison of the March proposal and the current proposal to see if there are any differences. Too bad the transcripts of the last meeting with the FED meditator couldn't be made public so we could see who is stalling the process. I am surprised that neither side would agree to an arbitrator whose findings would be binding. Hope that someone in the union shares some tidbits on the internet from their Jan 14 meeting. Such a slow process.
Clarification Question: was the option to buy 50% of the Pebble project for $1.5 billion for the smaller footprint or the entire Pebble mine? I am thinking the latter but wanted to get other opinions.
I hope that you guys are right about the strike, but I don't believe that HECLA is interested in any negotiations. My way or the highway. I think that Union is naïve not to use social media to support their case. If HL was against a system that is not used by any other silver mining companies, then they shouldn't have set the precedence of allowing it in the first place. Since HL doesn't seem to care what the community thinks, they should just fire all of the local union miners and hire from the outside nonunion miners OR sell the Lucky Friday mine since HL says it doesn't affect their balance sheet. Apparently, the market doesn't agree with HL in their assessment of Lucky Friday. I don't think that HL is going to break the union so negotiate in meetings, just don't DO NOTHING.
I don't think that VTSI will ever truly succeed on NASQ unless our CEO changes his ways and gives the public predictions about future earnings and the future direction of the company. I can't see many analysts following this stock when there is no real guidance from the company. We keep saying that there is no volume and the stock price is undervalued. The market values the company on a forward looking basis. This is my guess of why a company that is dominant in a very opportunistic market can't draw any interest of any investors of interest IMO.
How long do you think it will take for the permit to be approved? Are we looking at 2-4 years? What avenues can opponents take to block the building of this mine? Has anyone seen any more articles or interviews from David Lowell or Bob Dickerson? Finally, when do you think that a feasibility test will be done, before or after the permitting? I know that the prefeasibility test was completed years ago. Any predictions of price of a month from now? Thanks.
One last question, if we get the permit, does the state of Alaska citizens still a chance to veto the mine construction? The environmentals seem to have deep pockets to fight this thing. Liked all of the analysis that has been presented on this board. Thanks for all of the good information you all have posted.
First Quantum Minerals doesn't seem to be a very big company. Does anyone have an opinion of FM possibly being a 50% partner? I just can't make heads or tails if having FM is a good thing or better than nothing thing. Love to hear some opinions from more informed investors than myself. Thanks.
CEO Baker became CEO May 2003. The price was at $4.14. Today the price is $3.56. I would think that after 14 years, this company would be growing a little faster than that. He certainly doesn't seem to have a handle on how to unify this company. This strike should have been settled months ago. He is driving this company into the ground. His previous experience with a gold mining stock was 3 years with Battle Mountain Gold Company. If nothing changes, we will be seeing $3.20 before you know it. The PR people don't seem to be answering their phones.
Hecla met with the union through the federal mediator and there is no change in status. I think that the company has to negotiate, not demand. I can't believe the BOD doesn't nudge the CEO to do something. In the meanwhile, the stock price just keeps falling. Did Hecla accomplish anything no negotiating? It is sad to see good companies ruined because of bad judgment on the part of the CEO IMO.
Didn't someone previously post that they had a brother or relative who was a small hedge fund manager? With NASQ and SEC approval on the horizon, I wonder if that brother has given some thought about investing in VTSI. Anyone think that the NASQ news will give us a bump on Monday? I was surprised that there wasn't more upward action on Friday. We have a month before earnings. Hopefully, we will beat the $3.0 MM REV in 3Q2016.
Hecla, USW will return Thursday to bargaining table
Louisville, Kentucky (Platts)--3 Oct 2017 551 pm EDT/2151 GMT
Negotiators for Hecla Mining and the United Steelworkers union plan to head back to the bargaining table Thursday for the start of another three days of talks aimed at ending a near-seven-months-old strike at the company's Lucky Friday silver mine near Mullan, Idaho. In their last meeting September 29-30, the two sides focused on changes Hecla proposed to its job posting and bidding system, company spokesman Luke Russell told Platts in an email. USW Local 5114 officials have voiced objections to the proposal, saying it could make it more difficult to bid on job openings. USW officials could not be reached for comment Tuesday. Russell said no agreement was reached on any topic during discussions last weekend, but "at the previous meetings, earlier in September, we did reach agreement on articles related to seniority, short-term disability and recall," he added, but did not elaborate. The work stoppage by more than 200 union employees began March 13. In recent weeks, the pace of negotiations has increased, suggesting the two sides could be getting closer to a tentative agreement.
Another board said that the most recent quote was: "In this regard, the Company reports that it and its advisors are in advanced partnership discussions and expect to complete negotiations in the fourth quarter of 2017". Northern Dynasty has posted an updated corporate presentation on the homepage and in the Investor Relations section of its website. NAK will be giving an update Sept 26 PM at the Denver Gold Forum 2017
Internet says that it takes about a month (if no major problems come up) to go from preliminary SEC filing to a final version of the SEC. Does anyone think that they might be announcing approval of SEC reports in the October 6 annual meeting?
Thanks for posting. This sounds like fantastic news and it is coming at the right time. Hope that the strike can be resolved before earnings come out. That would be a big boost to Hecla. Buffet just said that the market is too high according to a ratio of stock equity to GNP which could mean that the price of metals will continue its march upwards. Hecla seems to be in pretty good position with its fairly low costs.
I hope that the Lucky Friday strike is settled on 9/15/17 but it doesn't sound like they are very close in settling the main issue. Where is the Federal arbitrator that is supposed to be helping with this situation? The investor relations person doesn't give any information of how the negotiations are proceeding. Doesn't seem that HECLA isn't in a hurry to figure out a solution. Think that they are going to miss on their earnings again?
GregginAZ: When you say we will know the bigger plan within weeks, I assume that you are referring to the Annual Meeting in October as the venue where we will get this information. Normally Ferris talks generalities in these shareholder meetings and doesn't give much insight to the shareholders. I hope that you are right, but his past track record indicates to me that we will hear of a plan with few details and no timetable of when the steps will be accomplished IMO.
I thought that there was supposed to be a federal arbitrator who was going to help settle this Lucky Friday mine feud. Looking at the arguments, there just doesn't seem to be any middle ground in the issues that they are trying to resolve. Anyone see any news about the today's meeting between the company and the union?
If you look at the events over the last 1-year period, you will notice that the quarterly results don't seem to have a lasting effect on the price of the stock. The biggest gain was caused by a series of events ($12.2MM IDIQ contract, 10-1 reverse split, OTCQX board, etc.) from Sept16 to Dec16. Even with that, it dropped down where it started over the next 4 months. So with all of developments that have transpired over exactly 1 year, we have gone from 2.30 to 2.20 as of yesterday. As I see it, if we ever make it to the big board and this stock doesn't take off, it may never take off IMO.
What does it take to move this stock? This is very disappointing. Our expectations never seem to be realized. Why doesn't the market recognize the stock's potential? When we go to the big board, we assume that institutional buyers will buy. I starting to think that we have stock with a lot of potential that seems to go nowhere. What were we saying where this stock was going to be last year? Alright, let's see where are a 1 year from now. Hopefully, we will not be staying that it will be the following year.
Any news about Lucky Friday? It sounds like it will be a while before it is resolved. Any guesses on how low we can go before reaching bottom? I am thinking that 4.5 might a good time to buy.
It could be helpful if you could post the link that you are referring to. I have not heard the news that you are sharing. Thanks.
New article posted about virtual reality http://www.cbsnews.com/news/virtual-reality-law-enforcement-training/ - mentions VTSI but also mentions another company coming into the VR arena called LEVRS Inc., https://www.levrs.com/ - They use a VR headset and platform to simulate scenarios 360 degrees. They have a clip of domestic violence on the website which seems to be very realistic. I am wondering how this compares to VTSI's realism and cost. The article said that Levrs will be entering the law enforcement market later this year. Don't know anything about the company but I hope that VTSI can establish themselves before other companies begin entering their market niche.
Did VTSI just receive a contract from the Law Enforcement Training Simulators IDIQ? Saw something on the GovTribe website.
If I knew that VTSI actually started the process of the SEC filing, I wouldn't be as frustrated with the price drop because I would have hope that they are moving toward a new exchange in the near future. Right now, it is only speculation whether VTSI is or will be working on the SEC filing because VTSI doesn't give us any updates about their company's dealings. We will continue to drift into the black hole until we have some good news. Hate to see what happens if we have another below average quarter.