Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Agreed. See why I like you, CJ? Thanks.
We may be at the last gasp of air to seeing this survive, but it's nice to know I'm not alone with hope. I know Billy's history more than this company and hope that you all learn about it some day. This one may not be his crown jewel. His pride has been compromised at a great expense to many of you. Faith is born not of words but of deeds, and I doubt many would have had the faith in the face of adversity Billy's seen. I've met with Presidents of five different countries and known them as people who would not react much different than you and I in the same situations they've faced. If you had his hand, you all would have folded long ago. I'm still glad he's buying in on behalf of us all.
Thanks Teddibear and Crazyjerry for keeping hope. It's the choice we have to make our last gasp. I am with you and, regardless of Billy's experience outwardly on this one, proud to know what he has done and would still play on his team again.
A wordsmith you are, Truehart. Cheers!
Hold out for 2 cents Jerry. I like having you around!
News link (didn't see it below)
http://newsblaze.com/story/2012011707420200001.pnw/topstory.html
Oops, assumed most had heard the first:
Veni, vidi, vici.
"I came , I saw, I conquered."
However, you should know this one:
In vino veritas.
"Truth is in wine" That is, "Wine will bring out truth." I see it as "In wine there is time" or keep drinking through this!
Servo fidem.
CJ, here's the interpretations in order of the conversation:
A lasso rixa quaeritur
"Weariness loves a wrangle", "It is the weary one who picks a quarrel".
A posse ad esse non valet consequentia
"From a thing's possibility one cannot be certain of its reality."
Mortui vivos docent
"The dead teach the living."
Scire aliquid laus est, pudor est nihil discere velle.
"It is commendable to know some things, it is disgraceful to refuse to learn."
Unum castigabis, centum emendabis.
"If you reprove one error, you will correct a hundred."
Hope you had a pleasurable night at your biz with good friends. May your 2012 bring you many successes, CJ. Happy New Year, friend.
Unum castigabis, centum emendabis.
Cheers, brother.
Scire aliquid laus est, pudor est nihil discere velle.
Mortui vivos docent
A posse ad esse non valet consequentia
It's possible the curious mind stands chance to survive, wii1dr. Study Latin as well?
A lasso rixa quaeritur
Veni, vidi, vici.
Maybe "Dean" Dar. I'm sure we'll know more soon. http://www.corporationwiki.com/California/Beverly-Hills/blackhawk-partners-inc/45346746.aspx.
Quoted on P5 of this. http://www.eliteaironline.com/pdfs/summer_2010.pdf
An NATA member last year. http://m.myspace.com/home.wap?bfd=webnext&isredirected=true#friends.list/profile/511499590
Could it be possible there are people who would rather be wealthy than famous? Let's see what happens.
Merry Christmas!
It may help if you search Blackhawk instead of Blackrock.
"Mr. Mustafa Dar is currently the CEO of Skyline Private Air a jet company and CEO of the investment group Blackhawk Partners in California." from link below in previous post-- http://www.cbs8.com/story/16368703/franklin-mining-inc-announces-appointment-of-mr-mustafa-dar-notable-entrepreneur-to-franklin-mining-management-team
CEO is different from booking agent.
Skyline looks fairly impressive, actually. Check out their website. http://skylineprivateair.com/index.html
Little link to review Blackhawk Partners:
http://www.blackhawkpartners.com/TheFirm.aspx
IMHO, Mr. Dar looks pretty good.
Yup. We will see.
Merry Christmas!
Hold.
So we go from 200B shares to 350B shares outstanding to match the market cap increase if that's your thought. If an investor is in at $1B, the stock at 1:1 is worth .0028 just with the investment as the only capital at 350B shares. At $500M it's .0014. At $50M it's at .00014 and an increase. Stocks are generally trading in today's soft market around 2.8:1. Reverse split? Heck yes. Who cares yet? True validated investors often acquire stock in return, right?
Okay, try this. Investor puts in money to get a substantial share initially. Outstanding shares increase to make the deal, capital is established, reverse split follows, production with $lubrication occurs, promotion with verified assets follow, Merry Christmas (I'm thinking Valentine's Day or Groundhog Day though).
Try $1 invested for 10,000 shares. At 2.8:1 with proven growth, assets, a couple lucrative mixes like energy and natural resources, and only $50M capital, the stock at pure value in today's conservative market is at .00039. Here with base assets you have $3.90 for your $1. Reverse split it 10,000:1 and make the stock trade at $3.90/share to let it play in a bigger field. Who cares if you currently have 100M shares if it kicks off with NOTHING else announced and it goes up 4x? What if the assets are $100M (8X), $500M (40X), $1B (80X), or other? The factors of production, liquid assets, promotion, are what drives it.
You found a jewel in that market cap jump that seems promising to me, especially following leadership realignment. It seems this game is about to roll. No publicity yet? No surprise if you've ever done big deals.
Cynics? If there's no investor or the capital was shy of $40M +/- we all have a problem or are the same with no production. I'll give you that. Signs, to me, appear otherwise.
I think production is there and WSJ article helped find the investors this year. I think news will follow in 60-120 days.
Disclaimer: I am not seeking a debate. I don't know more than you all have shared on this site. Just sharing an optimistic opinion based on the series of events since June or so.
By the way, Happy Holidays to all here! Cheers!
Market cap increase with no market purchase and changes in the leadership? I'm guessing some non-disclosure agreements are behind some of this. Seems like 1st quarter 2012 may be promising.
Hang in there Jerry. I think we see motion first quarter. Too late in the year for big money moves. Some major restructuring now with a new President at FMNJ. This next month for buyers is good. I would be surprised if motion occurred before 2011 ends, but February should be promising.
A reverse split is still likely. The pot will shrink but the value should supersede the split if my theory holds. Just remember my June or July post. I'm not psychic, just optimistic. The brew is fermenting well. Right players in right positions. I think I'm buying more next week.
I'm pretty confident there's something turning for the positive here. The timing of the WSJ article was bad, but who could have known that week was going to be a huge sell-off? Shortly after production is shipped--albeit no results to date. Then announcement of of Saudi investor and change in President of the company. Petty's still there. If there were funding associated with the Saudi's, it could be reason why disclosure of funding and production results are held back.
I feel there's a big announcement coming. This one is not dead at all.
I am confident it will come as well. This stock is an inexpensive gamble. The future could be very promising. It is still an exploration company and therein is the challenge. Investors in exploration companies must have more patience, be willing to buy the "lottery ticket" the stock can be, be accepting of loss, and optimistic of lucrative return. A few don't fit the first requirement, however. Thanks for your viewpoint, professor.
Nice job. Enlightenment in the face of pessimism. Brave for this board. Mahalo.
That last statement is true. Couldn't think of a better compliment for a person leading an exploration company.
Good job!
Would be puzzling if outsiders knew more, no acquisitions or inquisitions whatsoever, wouldn't it?
Play on.
He may be. Do you have any idea how many "swindlers" a promoter needs to weed through?
Not defending or poking anyone here. Just glad someone is pointing out the liar may not be who many poke at.
Stand at the front stage through enough of them as Petty has and keep pushing. That I admire.
Keep pushing, Bill. Very confident the ingredients are more there today than in the past.
Shows how many distractions are out there with people who claim to be qualified. Any promoter runs into many of these. You have them prove up and they move on.
Goes to show the liars aren't always who you think.
Surprised to see someone who may know how to really work for a living be so pessimistic about someone with a vision. No, guess not--seen your posts.
Sorry, must have confused drive and vision combined with unrealistic return with a generational issue--must suck to be confused with the entitlement generation if you lived through real life. Maybe you're part of the victims who cross every generation--Lord knows we've all seen too many of those. There are a few who slipped through who really didn't learn.
However, it may just be that your gumption comes from the latter cycles of attempting to create your legacy multiple times. That I admire. Keep pushing, old man. You could beat this world--keep trying! Hope you make it in time. Really. Time flies too fast to leave a legacy of resentment and I can see how that could happen to people playing pennies as their only last ditch effort.
Do you have a vision for your epitaph?
I'd like to see mine say "No problem."
It's just something each of us should end a day with. The next may not come. You'd know this if you'd noticed too many of your friends were outlived. Apparently you're there too.
Not so sorry this got personal. Just fed up with those who don't get it and not willing to sit by and let someone who has accomplished many successes with more powerful people get slammed by someone who has no clue. Petty has earned respect and is above this level. Sorry I had to stoop here and waste time on a victim.
Gold will clear $2,000 by December 12th. Hedgers?
You will not find someone more qualified than Petty to lead you to any amount of success here.
Imagine, if you will, how many sub-promoters who feel they have money or access to it, who would love to say they could. They promote their investor with the hope of either finding one or one they have who is also a sub-promoter hiring pushers for a "percentage of positioning.". You place this and you get a percent or two, right? Lots of pushers backed by nothing in this world, kids.
The money still needs to come from a qualified fund or funder.
Okay, so you're building a company--the right way. Funder says they can and will based on stips.
Joint venture begins, funder isn't who they say they are, something changes with a real investor in a challenged market, or funder is fluff with no real backing. Deal falls. Many company-builders quit, right?
Petty is dealing in a 3rd-world country with ambivalent investors or unqualified "fluffers" and keeps playing. He creates another position, attains respect from the society through multiple failed acquisitions and exchanges, clears failed "fluffers," and pushes to the next with real players. Kudos, Petty.
Kids on this block of untrained and inexperienced true entrepreneurs have no clue. Really, kids? Dare you to grow a clue of your own.
Again, I will state that if you can't afford to lose a million in a day, what right do you have to expect a million in a day?
Get out there and create something yourself. Better yet, newnubie and clan, get a simple fraction of a hint of a clue on how to grow success in the face of adversity Petty has had. He is no more a liar than every falsehood presented him by people who strive to succeed by sphincter asphyxiation and no means to substantiate the true players in a screwed-up world of Bolivia. He trusts that people stick by their word and that is admirable. Problem is, the world is full of too many who "pretend to be qualified" and aren't in the same place where verification of qualification truly isn't as strong as a handshake.
Again. Gold. PROVEN reserves. Established relationships. Good promotion. Leader who continues to push past the sphincter asphyxiators (like many of you). Did I say gold?
1,829.16 today.
Stop blowing smoke up my a-- with your inability to afford your investment. Who asked "what does it cost to be an investor?". I truly believe it was too much for you, kid. Realize your place in the Y generation and show a little more respect for those who mistakenly entitled you. Shame on your parents. I'm truly ashamed that you have the ability to be so disrespectful to a generation that screwed up enough to make you feel you could be so disrespectful.
Just sit there with your mouth open in the nest your Mom built. Maybe she'll come back.
This may be my last post as it may be deleted by someone in the Y generation. Good luck, kids.
Apparently too much for some.
Thanks, CJ, it's good to know there are others who understand the road to success is paved with potholes. I think there are too many gen-Y members here who think it's easy or they're entitled.
Franklin has a leader who is a powerful negotiator that has a reputation of walking away from the unethical and disregarding those with negative outlook. This is the only kind of person who should be working this one through the Bolivian challenges.
Oh, duh, gold is a good game today too.
One investor. Volume is always relative.
There are some seriously qualified listeners. Just sayin...
Even if that JV worked, they'd max at 100 tons/month. What's antimony trading at since China backed off? Even around $13k/ton, that's pretty labor intensive and it's still a JV. Keep your eye on the targets with higher yield.
Things are more like they are right now than they've ever been before.
Always liked that quote...
Unknown
Maybe it's time to cast off the baggage and let this ship sail. You'll all be better for it. The time now, today, is all you can affect.
I'd have a hard time believing Petty thinks otherwise. He has vision and that's a quality most never get.