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Thanks for your post Mrdecember123. I've always been bullish on PAYS (3PEA). I thought we would see great results from the earnings report, and we did. I just don't get it. I have to say I never saw response to a golden earnings report, except for penny stocks and such that are manipulated.
If this ER doesn't warrant a strong buy from every analyst I don't know what will.
I'll wait and see for a few days on my options. PAYS has to go up strong, or I don't know anything I thought I did about trading.
I don't get it. With an earnings report like this I expected the stock to rocket up. Did I misread something? Or is this whacky to have the stock drop like today with such a good earnings report?
I realize there are hurdles to success at every level. CFPB is an equal opportunity agonist. It won't single out TPNL unless they do something egregious. So far they have executed very well. Uplisting gives a stock more legitimacy. And usually that means higher pps.
Where are TPNL's competitors? How do their balance sheets compare with TPNL? If WFC was fined that much $ they may have deserved it. (I don't know, just speculating). After all we're talking about a global bank, not in the same ballpark as TPNL. Not even in the same galaxy.
AI has become a buzzword that includes some automation that isn't really AI. Which type to select? And at what risk? There are many forms, and many confirmation schemes. Blockchains are fast becoming the go-to and current favorite to adopt. Perhaps that's something TPNL could look into? The key to using any new technology is to understand it completely before adopting it. Otherwise you can't plug a leak, in some cases even know if there is one.
And thanks for the greeting Chilar.
As always, just my 2 cents.
Hello. It's been a while since I posted here, but wanted to visit and just say this:
I've been in TPNL for a long time, and it has already exceeded my expectations. Uplisting, whenever it happens is going to make everyone here very happy. TPNL has delivered and continues to build on success. What's not to like?
Better late then never. I'll settle for late next year to hit price projections. GLTA
No matter how you slice this, the longs got screwed on the R/S.
It's worth less than half of what it was on a presplit basis, and likely will go lower before it improves.
It will take months just to get back to where it was in the best case. Not even any news to prop it up. It looked great earlier when Sedor took over, but I've lost respect for him with this surprise move. There are other ways to get the stock price over $1 per share without a reverse at 1:10.
Next comes dilution at lower prices for us longs.
Ten days to earnings. Unless debt restructuring news comes out before, this could be the catalyst to begin the rapid move up. IF it is positive. Don't know if the sales reorg will have a positive effect yet. Any guesses?
TPNL amazing performance. What a stock!! In the world of micro cap stocks there are more scams than real investments. Up to 38% are chop scams, shell corps and P&D schemes. TPNL is one of only 3 stocks of mine that are multibaggers this past year. Great investment. This stock is worth over a dollar per share today even by my conservative estimates. This little gem could well revalue at double or triple in company value within a year, even with a lower but stable growth pattern.
TPNL (IMO) could hit $2/ share in six months. Thanks to my buddy from the windy city for this tip a couple of years ago.
Thanks Maybe_ At one time I was willing to buy them also, lol.
I don't have too many shares but I would sell them
Just bought back in under $1-. It's only a matter of time till GMO gets financing or someone buys them - either way, the stock will eventually go back up. And with their other property, this stock will always have value.
IMO, PPS may continue to drop a bit, but not much more than this. Anything under a dollar is a bargain. They'll get financing or someone will buy them out. Either way, it will send the price soaring. Patience!
Sorry - Duplicate
Haven't been here for a while, busy developing a new product/ service for security. (going well thanks).
What's up with SIOR? It appears it's dead. I just wish I could clear it from my trading account. It sits there like an old shoe.
What are people doing with shares?
NP CHILAR, I told you I would. It just took a while. Busy with my other stuff, as you know. What happened with the PPS on this? Last month it appeared we were moving steadily higher. Seems like a sudden drop. Someone dump a large block? (Don't understand why they would)
Hi everyone:
I haven't been on the board here for a loooong time, so I stopped by, after seeing TPNL drop more than I would like. But, I'm not in it short term. What happened? I bought some a few days ago, and would have gotten some more today, but one of my favorites is really cheap, so I bought back in.
If it stays low, I'll add some more of this tomorrow. Like money in the ban. No, scratch that - better than money in the bank, much better.
What makes you think I didn't? Did you read my post through? The association of GSVC as a FB play has faded for over a month and a half. It's all about timing, as anyone with experience will tell you. I bought when the timing was right, instead of having it tied up in a non-producer I invested and made money elsewhere.
The past month has put GSVC in a much more attractive position. I caught it just as the trend started to change, headed for a breakout. I chose correctly this time. Did you? Or did you have your money languish in a non-producer for months with your fingers crossed?
Chances are I'll sell half after the twitter IPO, and keep the rest as gravy. Personally I don't care much how well other people do. I concentrate on my own holdings, profit and always looking for new opportunities.
I'm buying multiples of 10K lots
As many as you want to sell
send me a private post with quantity for sale
Anyone want to sell shares?
I'm buying.
Seems to me that once this low priced seller finishes closing out his holdings, the stock will start to rise and these prices may be history. So, I decided to invest a bit more and help (myself) out.
I also have some experience in call centers, and the operations of them, being similar to a security central station operation. It requires at least four shifts fully manned, and additional personnel for swing shift and fill in duty. No small undertaking, requiring a considerable financial commitment for salary requirements. I'm sure they ran the numbers, meaning that they either have the required traffic and signed clients, or are expecting it in the near term.
A company doesn't commit to this kind of expense unles they are very confident of their performance in both short and long term. The larger the call volume, the more TPNL saves. It also increases their control over the quality of calls. All good and all positive.
First the new switch TPNL bought, now the actual call center to go along with it, to support the amount of traffic the switch can provide. It sure seems as if TPNL management has been progressing with a well thought out plan and are implementing it in a carefully managed project. Kudos to TPNL.
As I stated, I'm investing more. GLTA
Hello to all. I haven't been here for a long time, but I look in occasionally. It's too bad Redfin never did anything regarding PR/IR and watched as other firms caught up and passed them by.
But, now that J.S. is gone, and CC moved up, perhaps there is a good chance things can turn around.
I'm thinking of buying in again. The stock is certainly cheap, it seems. But perhaps I'll wait till their website is back up though. Just saying..
I hope everyone here is well. GLTA
I agree with everything you said.
I also saw that srticle you mentioned.
I would like to see GMO dip below $2 / share, briefly
but you know what they say about pigs in the market...
Anyhow, I'm rebuilding my GMO holdings.
Thanks for the post
Is GMO dealing with a missing person?
Last we heard, Mr. Liu Han, Chairman of Hanlong, was missing. Supposedly detained by Chinese authorities. I didn't see any news that he was located. Mr. Han seems to be the chief executive and floor sweeper of Hanlomg. Never heard about anyone else associated with the firm able to make any decisions. It seemed to me that he was a one man company with lots of political connections in China.
True, GMO made a sweet deal with him, but maybe it was too good to be true. Still he did arrange the bridge loans. I really don't know what to make of it. It just sounds strange to me. Always did. But you can't argue with success and know little about how business deals are made in China. Perhaps it's more common than I would think.
It appears that GMO may now have to arrange for a deal with a different funding source. Personally I don't think it should be that difficult with the valuable property that is Mt. Hope. If GMO does arrange a deal with a different bank, it may be a more legitimate funding source, at least on the surface, than Hanlong.
Once financing is accomplished, Investors may well have more confidence in GMO bringing Mt hope to a successfully producing mine. Thinking about this, it's quite likely that the deal with Hanlog was viewed by many investors with lots of apprehension. A mainstream funding source may help investors gain confidence that the funding is real and will finance the mine's construction to completion. I've always thought that GMO was under priced. This could be the reason why.
While funding is a critical issue right now, I don't see any reason why GMO can't arrange for financing with a real established and trusted source now. Only my opinion.
General Moly announces financing update: outstanding $10 mln bridge loan extended:
Co announced an agreement with Hanlong (USA) Mining ("Hanlong") to amend the parties' Bridge Loan Agreement extending the maturity date of its outstanding $10 million Bridge Loan to November 16, 2013 from April 30, 2013. The new maturity date corresponds to the deadline for Hanlong's obligation to procure the $665 million Chinese sourced Term Loan and is intended to provide General Moly with greater financial flexibility in the interim. Further, the parties agreed to the expiration of the second $10 million tranche of the original $20 million Bridge Loan Facility effective March 31, 2013.
**end of news article**
Seems to me that Mt Hope is an important property for anyone involved in Moly, REEs, Steel, or aligned industries. China would be the logical first choice for financing if only because of their tight grip on these metals for so long. But failing to get a Chinese bank, I see no reason that US banks wouldn't want a piece of this. True, moly prices are at rock bottom now but can't stay that way forever. Moly sells for less than the cost to produce it for most miners. I don't think the mine will close. I do think that financing will be arranged in some manner. But it may not happen until the summer.
Shares may get cheaper but then again a deal or another financing partner could be announded at any time. This isn't a fly by night operation. It's a well developed and professional team who have overcome many roadblocks. I still like GMO, and I plan on buying as it gets (if it gets) cheaper. Two bucks a share seems cheap to me. Even if I need to hold a couple of years.
Wow. Just when I thought I had it figured out
I thought I was on the money with my research and all.
I guess we'll see a larger sell off in the next few days.
Who knows what will happen.
I find it hard to believe that a large project like this hinges on one off beat foreign national. Maybe they will get financing from a more stable source. Or work a new deal out. For all we know, they may already have people courting them for a deal.
I hope so.
Another buying opportunity before Spring
Looks like I spoke too soon on my last post
But, looks like there's another buying opportunity coming.
GMO was under 2.80 today. at 2.77 or so.
A few points lower and I'm in for more
good luck y'all
GMO is back on its way up.
At least in my opinion. We saw the double bottom tap on the 13th, and we are now exiting Winter. With Spring on the horizon, we should hear positive news regarding heavy construction. We should also hear about the financing finally closing within the next month or so. Prices may dip back down a bit or remain a bit volitile for a short while, but IMHO I think that GMO prices will travel norrth up over $3 - 3.25 or more.
For us longs, the real payday comes when manufacturing begins and profits are recorded on the books. I may be wrong, but if I am I lose my own money as well.
GLTA
GMO is still my favorite stock. Even though I sold most of my shares at around $4, I've been looking for a good entry point to rebuild my holdings, and I just bought in today. I'll buy more as it continues to drop or if it touches bottom and starts rising again I'm not surprised that GMO dropped over the winter. It may drop even more. But, unless something happens to the financing, GMO will certainly rise again when news of major construction begins. The real payoff will be for those longs who hold until GMO starts mining. With a guaranteed profit for the first 5 years, it's a winner.
On the other hand, there seems to be some added risk in GMO lately with financing. Obviously people are getting nervous that we haven't heard anything. What happens if GMO does not get their financing? Nothing good. But I don't think that is going to be the outcome. The worry over financing is creating a good buying opportunity. The longer it goes without news, the lower GMO will drop and the better the opportunity. If the financing never comes, then I've lost a good deal of cash.
Here's what I considered. The management team at GMO is first class. They overcame immense hurdles with the permits. They fought a multi-year battle and won. As professional as can be, they continue to make things happen. That's what I'm buying. Confidence in a great management team with a proven track record. They'll get the financing, its just a matter of time before it's locked up. Don't expect to get rich overnight from GMO. It's a long hold play. The stock will probably continue to be volatile with construction in progress and some delays presenting. Once the money flows in, GMO will be bouncing around at a higher trading price. My guess is $3.00 to $3.50 until production in 2015.
Hi to all:
I've been a shareholder of SIOR for a while, but have never posted on this page.
I just want to share some thoughts. In all likelihood, we shareholders will get little or no compensation for our shares.
If they declare bankruptcy to reorganize, the new stock would have value but the old, even with the same name, would have zero. This happened to me once before with a well known tech stock many years ago.
The other possibility is that the stock is relisted having met the fiduciary requirements for listing. In most cases, the stock is greatly devalued and has a tough time getting past the stibma and distrust created when delisted. But here, at least some of the money can be recouped.
These things happen, particularly in penny land. Nobody got their arm twisted to buy. We all made a coscious decision to take the risk. For me, I'll continue to take risks and hopefully make some money back on the next one. I'll probably double down to make up for the loss.
I'll hope for good news but won't count on it. GLTA
I wouldn't worry too much about GMO
I think the drop in PPS is related to the winter doldrums. Not much going on until Spring, when construction starts up in a big way. I expected a drop in price, and it may go down even further.
In my opinion, it's temporary, making for an even larger bump in the Spring. REEs and Molly companies tend to move as a group. In the absence of anything exciting, I think GMO is merely going with the trend.
That's my take, for what it's worth.
General Moly Is Primed To Release The Value Of A Mountain Of Moly
Good Article about GMO and the Mt Hope project in Seeking Alpha
http://seekingalpha.com/article/1098301-general-moly-is-primed-to-release-the-value-of-a-mountain-of-moly
General Moly's COO gets multiyear contract to see GMO through construction phase.
A Form 8-K regarding General Moly has been filed with the United States Securities and Exchange Commission.
To View the filing please click here
Why Asia Is Interested In Undervalued U.S. Junior Miners
Good Article on Seeking Alpha Re: GMO and Asian investments.
Chinese markets continue to support undervalued industrial miners which are fully permitted such as General Moly (GMO
Click the above link to read the article
GBRW is a group that watches for anything that might affect Native American lands and residences all over Nevada and the SouthWest. They seem to focus on the Shoshone tribe. They routinely try to prevent mining activity and actually have been fairly successful in getting modifications to already issued permits.
I don't know much about them, but they appear to prepare good and timely legal briefs to support their claims. GMO's Mt Hope project has been on their "S" list for years. The latest request or petition is full of nonsense though. They do raise a couple of good points, but unfortunately for them, the points are drowning in a sea of trumped up nonsense.
I don't know what will happen with this. Probably nothing. Their best chandce is with the DEP. They may get an amended decision or amended permit, but that's about it. They are usually happy to affect a project even in some minor way at the end of permitting.
Of course, the Eureka board is all over this, getting their jolly's off of anything negatively affecting Mt.Hope.
When Mt Hope construction starts up in the spring, another chunk of cash comes in. That should help GMO to recover from the current slump. Between an expected retrace after a little squeeze last week, and the end of calendar year and holidays, i'm not surprised much. GMO is worth much more than it's trading for, but as my Dad used to say "Something's value is what someone is willing to pay for it." That would make GMO worth exactly what it's trading for.
Happy and safe New Year to everyone.
Happy Holidays to all.
Yes Indeed!
Looks like a good year in store for GMO shareholders.
I little profit taking today on the news.
The old adage is true - Up on rumors, down on news.
Nice jump though.
BLM Accepts General Moly Reclamation Bonding for Mt. Hope Project and Grants Authorization to Proceed with Construction
Date(s): 18-Dec-2012 8:30 AM
LAKEWOOD, Colo.--(BUSINESS WIRE)--Dec. 18, 2012-- General Moly, Inc. (the "Company") (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration and mining company, announced through its 80% owned Mt. Hope subsidiary, Eureka Moly, LLC, that the Bureau of Land Management ("BLM") has accepted its reclamation bonding for the Mt. Hope Project and has granted authorization to proceed with surface disturbing activities.
A group of surety underwriters arranged by Marsh USA Inc. were assembled to satisfy financial guarantees required by the BLM's reclamation cost estimate in the Mt. Hope Record of Decision ("ROD"). The surety program has been funded with an initial cash payment of $5.6 million and requires additional cash funding of $11.6 million through the construction process for a total of $17.2 million which is in alignment with the net cash bonding cost included in the August 2012 capital estimate. This total covers the first three years of estimated surface disturbance at Mt. Hope, and is subject to ongoing evaluation thereafter. With the surety program in place and the initial contribution funded, the BLM has authorized that surface disturbance in conformity with the Record of Decision may proceed.
Bob Pennington, Chief Operating Officer of General Moly, said "After receiving funding from POS-Minerals Corporation, our joint venture partner on the Mt. Hope Project, and obtaining authorization from the BLM on reclamation bonding, we will now move beyond our ongoing cultural clearance program and initiate light construction activities including early well field development and clearing and grubbing as we prepare for heavy construction in the spring."
The State of Nevada Division of Environmental Protection issued a Reclamation Permit for the Mt. Hope Project on November 19, 2012. The Reclamation Permit authorized surface disturbance and construction of facilities. The permit was issued on the basis of a site specific application detailing the reclamation methods to be used to return the land to safe and stable conditions and a productive post-mining land use. The Reclamation Permit also approved the reclamation cost estimate of approximately $73 million and established financial guarantee requirements based on this estimate.
General Moly is a U.S.-based molybdenum mineral development, exploration and mining company listed on the NYSE MKT (formerly the NYSE AMEX) and the Toronto Stock Exchange under the symbol GMO. Our primary asset, our interest in the Mt. Hope project located in central Nevada, is considered one of the world's largest and highest grade molybdenum deposits. Combined with our second molybdenum property, the Liberty project that is also located in central Nevada, our goal is to become the largest pure play primary molybdenum producer in the world. For more information on the Company, please visit our website at http://www.generalmoly.com.
Happy Holidays to everyone.
Foodcourt1 we all will be having a nice holiday now that buyers woke up. I have to say, I'm bewildered about GMO. I don't understand why there is a huge push now, and there wasn't a few weeks ago when all of the good news hit.
GMO distributed shares to it's exec team this past week. There were 5 form 4s filed. No news either. This is some weird delayed reaction. I really don't get it, but I'm not complaining. Better late than never.
Good luck and good holidays to all
I read the Seeking Alpha article also. Thanks Foodcourt1. I, along with many others have been looking at GMO to Pop on all of the good news lately. GMO is probably the only stock in the market that doesn't rise on positive news like they have had.
That being said, the article makes a good case, and a good point for a long term ownership of the shares. I guess GMO will go up when they start mining. Maybe as they clear construction hurdles. Who knows. I certainly don't.
I thought I did until I found out I don't...
GLTA
POSCO ante's up $100 million towards Mt Hope construction.
Everything GMO said they would do, they did. Everything has fallen into place. Mt Hope will begin construction and has milions towards construction costs with millions more coming.
And today, finally, we see positive price movement on the stock. The shorts are out of ammo. BofA can't do anything else to aid the shorties.
Maybe now GMO will touch or pass the $4 mark. It should have happened when the ROD was announced, but better late than never.
Great job GMO and congratulations to the entire management team there.
Aside from the steadily increasing PPS (average) on TPNL, I like that there is more consistent trading. Volume is greatly increased since June, and there has been trading every day for the past two weeks.
To me, and it's just my opinion, TPNL appears to be a stock that is increasingly on people's radar and is more mainstream. To me, that's more important than whether or not TPNL goes up on any given day.
TPNL has been on an uptrend also since the beginning of July. The only time TPNL has seen this type of trading was two years ago, third quarter of 2010.
I don't know what happened back then, except that during the massive rise in PPS, TPNL applied for and met the requirements to become a fully reporting firm. It became a pink OTC firm. In early October the bottom fell out and I can't find out why. Can anyone shed some light on this? The charts don't look like a P&D. It's lacking the selloff at the high. It just gapped down as did trading volume, except for a day in November 2010 when it did show a large selloff. It's nothing like what's going on now. What I see now is a real company with real interest and real results. I'm merely curious to know what happened way back when.
Anyone know if TPNL does any private placements?
I agree. Usually though there is some argument that can be made for a bearish view. I'd like to know in what world this guy can make a bearish case? It's so blatantly self serving that he probably lost more credibility than the harm he tried to cause.
If anyoone wants to share a piece of their mind with this idiot, here's his contact info:
BANK OF AMERICA MERRILL LYNCH
David Forster
(416) 369-7723
I'm sure he'd love to hear from you.