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IHub Admin?
Is that actually a real job? REALLY? There are people who actually spend their entire day monitoring a silly chat room looking for mean, nasty posters?!?! ROFLMAO!!!
You're like chat room mall cops, strutting around trying to make your sad job look important, acting all high and mighty. Well, I guess we need people to clean toilets, or pick up garbage, so I guess we need people to monitor chat rooms, too.
IHub Admins....what a career. LOL.
Considering I've had 5 aliases in the last 4 months, but, more importantly, have posted several hundred messages during that time, I'd say "pretty well", wouldn't you?
You Admins think you're so omnipotent, but anybody can get around your laughable rules with a minimum of effort. It's fun putting arrogant egoists in their place.
See y'all in a few days.
Just wanted to remind Admins,
I will be back in a few days, with a new alias, and a new IP address. You can't keep me off these boards.
See ya.
More preliminary results from drilling this week
would be great. I can't wait to have my predictions about WOLV validated. I have known from day one that this would be a 10,000% winner!!
LONG AND STRONG WOLV!!!
WOLV hitting .10 or .15 is meaningless.
I don't plan on selling my shares on the open market, so I don't care what the stock price is. Instead, I own a percentage of WOLV and expect to get that percentage of a $40 billion buyout. Whether the shares are at $.10, or $1.00 means nothing when it comes to a buyout. The buyout will be based on the future value of minerals in the ground, not on an arbitrary valuation based on shares and share price.
WOLV management knows the value of what they have, so will not price it based on shares, and they won't take a buyout too early.
Oh, it was $4bln for the one drillhole....
and I'm estimating WOLV has at least 10 more just like it,
LONG AND STRONG WOLV!!!
Digging pretty deep for ANYTHING positive,
but the fact is there is currently no financing for SIRG so the mine continues to sit idle. There is nothing at all to indicate otherwise, no matter how much wishful thinking. Without financing, everything else is irrelevant.
Irrelevant.
No matter how incentivized SIRG's CEO is, it doesn't generate funding for a mine closed 15 years ago in a difficult financial climate. The fact that a funding announcement is significantly late, appears to clearly indicate financing has NOT been found, meaning the mine sits vacant and closed for the time being. No amount of wishful thinking is going to change this.
That makes no sense.
Anybody who owns shares, whether purchased or given, has incentive. That doesn't mean they can do it. Every CEO desires to be hugely successful, few are.
IF SIRG announces funding
and that the mine will resume production in 2012, I will say that MIGHT be wrong. IF they actually begin mining, or do anything with the supposed 50 million lbs. of zinc (which I very highly doubt), then I will be sure that I was wrong.
Right now, I am highly skeptical that they can even manage to get funding, much less use it to mine.
If the equipment sits there doing nothing, it is "rotting",
or may as well be. Like those planes, it is a boneyard never to be used again. It will eventually rot no matter how dry.
Intent is one thing that SIRG may have,
but reality is quite different. You keep quoting property, equipment, and ore value at $2 or $3 million, or whatever fantasy number, but the reality is that the mine is closed, and there's no money to reopen it.
That makes it worthless. Even the equipment will likely just stay there until it rots because it's not cost effective to move it.
The SIRG 8-K filing today
simply tells us that a financing deal they had going was recently terminated. To me, that means SIRG is just now getting prepared to START a new one.
That means we likely won't see any funding for at least 6 more months...maybe longer.
It's a HUGE stretch of imagination
from the "SEC-required announcement of the termination of a deal" to "the deal was terminated in order to move forward with signing a funding agreement".
In fact, there is no such correlation. A deal was terminated. End of story.
Today's SIRG 8-K means no such thing.
It is simply an announcement that an agreement with Harmony Mines has been mutually terminated.
BTW, went to SIRG website to see if the 8-K was there, and noticed that the latest news from SIRG was in late 2010. Sad. That is one of many explanations for why the stock trades at under 1/2 a penny!
OUCH! SIRG crashes to .0035....
on failure to announce financing to re-open the mine. Not looking good.
There is no .005 base for SIRG.
The bid is under .004 and the ask under .005. An apparent failure to secure funding has eroded support. This will be toying with .001 soon.
MMs are irrelevant for WOLV now.
They control penny ante daily s/p movements, not the intrinsic value of what's in the ground. Who cares? When big money starts bidding for WOLV's copper, MMs will be an afterthought.
LONG AND STRONG WOLV!!!
We must be getting close to WOLV assay results,
as interest grows. Big investors aren't in any hurry yet...those than are watching. Once the assay results are confirmed, anything under .25 will be the best purchase they've ever made. They will know what we already know....WOLV is sitting pretty on a $40 billion mineral lode!
LONG AND STRONG WOLV!!!
Red day or green day for WOLV,
doesn't matter....it's just one day closer to the buyout!!
LONG AND STRONG WOLV!!!
Apparently funding for SIRG hasn't come through,
or we would have heard by now. If this mine actually had value, it would already be funded. Even the equipment is worthless....just a bunch of junk sitting idly around an abandoned mine.
Not likely SIRG will receive funding.
Money is tight right now, and SIRG owns an abandoned mine. Just having a security guard sitting around all day does not mean it is not abandoned. If there were a real value to reopening the mine, it would have happened before now. This is a pipe dream that might have gotten financing prior to the recession, but nobody is putting money into an old mine right now.
WOLV! Approx. 100 million shares.
When the value of our property in Labrador is finally revealed, big money will come knocking with their checkbooks open. I think it will rival the Voisey's Bay Mine as one of the most substantial mineral finds in decades. That could translate into a $40 billion buyout....
....giving us the equivalent of $40 per share!
WOOHOO! I can't wait for the assay results to be made public and the word to spread to the big money miners! When it does, the courting of WOLV will begin!
LONG AND STRONG WOLV!!!!!!
WOLV is not a stock for day- or swing-traders.
Moves are too unpredictable. This is a long term hold whose ultimate goal is a buyout, so share price means nothing except our portfolios look a little greener when the price goes up.
Those of us who are long and strong are waiting for a big buyout (I think it will be in the $40 billion range), so day-to-day moves are a mindless distraction while we wait.
LONG AND STRONG WOLV!!!!!!!!!
WOLV is headed to the equivalent of a $40 a share buyout,
not just $4.
However, that is my opinion. It is not a fact. It is not guaranteed. Nothing in life is. If I knew for sure that it was, I would sell everything I had to buy shares. Since it is not for sure, I am content with what I currently have.
For all I know, the assays could be a flop and WOLV could be sub-penny this time next week. I don't believe that is the case, but I am conservative enough not to risk everything.
LONG AND STRONG WOLV!!!!!!!!!!!
It's of minor interest that WOLV's s/p is up a bit.
But nobody should really care that much, other than to make conversation while we wait for 1) assay results, 2) a flood of interested big money players, 3) a negotiation on a final price, and 4) a multi-billion dollar payout.
Daily stock movement up and down is just background noise. A few pennies here and there might excite the shortsighted, but it is meaningless when we're talking $40 billion.
LONG AND STRONG WOLV!
Only short term traders care about WOLV s/p.
This is a buyout target. The s/p is secondary, at best, unless you plan to sell before one of the biggest deals in junior mining history.
Always long and strong on WOLV!!!
I will be here cheering wildly for WOLV
until we get that buyout of $4 billion that I have always known we would get. We are sitting on a huge copper find. China is begging for copper. WOLV is headed for a buyout that will be the equivalent of $40 a share!! That's a 10,000% return! Woohoo!!!!
Go WOLV!!!
I have always been long and strong!! After all, this stock will make me a millionnaire!!!
WOLV was green today,
If anybody cares. I don't. Big money will be buying our rights to our copper, not our shares. They won't want our shares except as the route to our copper. Then the purse strings will open wide and $4 billion or more will flow our way!
WOLV long and strong!!! Forget the s/p...I want a buyout!
When does the bidding start?
WOLV is on the cusp of finding one of the biggest copper deposits in a long time, and that doesn't take into account the other minerals they have found. This could easily rival Voisey Bay!
Maybe we will hold out for more than $4 billion!
Woohoo! I can't wait for the confirmation of our find and for the big money to come knocking. Bring it on! I'd like to be retired on an island this time next year with $10 million in the bank.
Only 3 drill holes, and already.....
...Drill Hole CR1-08-11 intersected sulphide mineralization immediately on entering bedrock. Mineralization consists of blebs and stringers of chalcopyrite with associated pyrite. The mineralization continues for a core length of 37 meters. This entire section is currently being cut and will be sent for analysis including gold content.
All of the anomalies that were identified by the IP survey suggests a linear expression of from 0.6 to 1.0 km and all strike in a NE/SW direction and are parallel to each other suggesting a strong geological trend.
It's not a matter of how much WOLV gets bought out for,
it's just a matter of how long before it happens.
I'm pegging the value of the Cache Creek find at $4 billion. The only question is how soon WOLV is able to get the bidding to start.
That would be true,
except that WOLV is in the position of strength. This find is too valuable to the big miners to think of it as buying shares.
The vultures (big mining companies) will not be paying a per share amount....they will be buying the value of the ore in the ground. It will be a flat price, not a per share price, so it doesn't matter if the stock trades at $.04 or $4.
Instead of trying to figure out what you are getting per share, you should divide your shares by the total to get what percentage you own of the company, and that is the percentage of the buyout you will be getting.
i.e. I own .21% of WOLV, so I will get .21% of $4 billion, or over $8 million in cash and shares.
This is why I have been long and strong all this time, buying up as many shares as I can.
MOMOs on WOLV are irrelevant. Traders are irrelevant.
It matters not one bit what the WOLV s/p does now unless you are waiting for cash to buy more. This is all about the value of the copper and other mineable ore in the ground.
Traders and momentum players can do whatever they want here now. It has no effect on those of us who have been long and strong waiting for this day.
A BHP and/or other big miners will bid a dollar value for what is in the ground, irrespective of the stock price. All our shares are now is a percentage of that multi-billion dollar bid.
I am counting my holdings in WOLV in the millions of dollars right now, and we haven't even seen the best of the drill results.
The day-to-day WOLV s/p is now irrelevant.
With only a few preliminary drill results in, before even an official assay report, it is very apparent that WOLV is sitting on a gold mine (in the form of copper). The s/p will go up and down based on the daily whims of MMs, new investors, and traders. We don't need to care.
Those of us who have been long and strong are going to reap the rewards that have little to do with WOLV's stock price, and everything to do with the perceived, and soon to be verified, value of ore in the ground. Big miners will be lining up, driven by the exploding market for copper in China, to throw $ billions at us in order to buy the right to mine this discovery.
I am already planning my retirement party. By the time the assays are all reported, we can all expect to get a buyout in the range of $30 - $40 per share in the form of cash and shares in the buying company.
WOLV is the one-in-a-million we all dream about, and very few ever find. This is going to be life changing!
Has WOLV hit the motherlode???
If the preliminary results from the first drillholes are any indication, WOLV might be sitting on a $ multi-billion field of dreams! Three of four hits?!!? That is just the beginning!
This could be worth $ billions to a copper-hungry China. With a nearby port, a ready-made transportation infrastructure, and support from the Newfoundland gov't and local Native tribe, the big miners are probably already working feverishly to come up with a plan to acquire WOLV.
I may have been conservative in my initial $12-$15 estimate. Extrapolating the results, considering the size of the anomalies, I now believe we will see buyout offers in the range of $25 - $40 per WOLV share.
That's 1,000 times what they're currently worth!! I don't even care anymore what the daily s/p is....this is all about how much the likes of a BHP wants what we have....
Let the bidding wars begin!!
We're gonna be millionaires, guys!!! Celebrate!!!!
I agree as well.....
....after accumulating the number of shares I originally planned on getting, and at lower prices than I should have, I am now ready to embrace the true value of WOLV.
My plan from the start was to hold my shares until the assay results are in, and the big mining companies have lined up and bid on what I believe could be one of the bigger copper deposits discovered in the last decade.
I don't think we'll see $40, but based on the IP survey, and the logistics conducive to a major mining operation (Provincial government, and tribal government, approval; proximity of a port, the nearby major highway as well-built transportation system, etc.), I wouldn't be surprise if our management negotiated a deal in the $12 - $15 range with a major mining company.
I expect within 2 years we will have a combination of cash, plus shares and warrants in the purchasing company, that are going to make us all rich.
I, for one, am excited beyond belief. Within 2 years, buying WOLV is going to allow me to retire in luxury. I expect to walk away from this deal with well over $2.5 million!
GO WOLV!!!!!!
Simple.
If the WOLV s/p runs through my target without slowing, if it is moving steadily, if it moves on news that I deem significant, I might decide to hold. However, if it stalls, or jumps on news I deem not significant, or if it looks like a p&d, then I would take my profits at or near my target. Good traders make decisions on the circumstances.
And, hey, if worse comes to worse and you sell at .10 and are wrong, and it continues to rise, you can just buy back in at a few cents higher....no major loss if the end results were to be in the $$$'s.
The only negative scenario would be if I sold at my target, and it subsequently gapped steeply right afterwards. But the odds are against the gap happening right at my target....it is likely to gap through it, in which case I would go along for the ride.
If 'everyone knows that',
then why did WOLV's share price not move today, on a mere $8000 total investment? Is that all 'everyone' is willing to put into a supposed sure thing? That doesn't give me a whole lot of confidence that 'everyone knows' there is breakthrough news coming.