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While i'd have liked to see this correction with less volume attached, we could be seeing the start of a handle to our healthy saucer chart pattern. The shake out before another breakout??
Pretty encouraging day. I'll take what i can get!
Ohh, we're watching already HB!
Still hold 130,000 shares myself. Not holding my breath though.
130,000 shares at .08.
Shed a single tear and moved on.
There was a million share buy the other day. Not a ton of volume today, but still, up 29% is a sight for sore eyes. I wonder whats happening behind the scenes.
No hurry here. That money is gone as far as i'm concerned.
Those ? marks were "thumbs up" and "praying hands" ;)
??????????
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Also here since april 12.
Avg pps .085.
What's happening here?? This is quite an anomaly compared to the last couple months!
Well, i hoped so, but it seems we're up $h!+ creek without a paddle.
It's been like a bad car wreck...
In sloooooowwww moooooo-tion.
:-/
Watching this closely...
So, according to this 8K, somehow Al Rami didn't hold up their end of the agreement? And VHGI is attempting to retrieve funds deposited into UAE banks?? Any input from the remaining longs?
Really guys? Arguing about the ethics of discussing Facebook posts? We really have hit rock bottom...
Actually, i guess rock bottom could come tomorrow, after tonights interview.
Idk what's going to happen from here on out.
Hoping for the best, expecting the worst.
With hope dangling from a thread...
NN
I didn't see the posts on Topix, but it appears there is some validity to the posts.
Ok, so according to the news report, there are some back wages owed to the miners. No huge surprise.
Follow up report on monday. The reporter will speak with Risinger personally and have a report monday night.
I'll keep my fingers crossed, but i'm not holding my breath. ;)
It does look that way psny2.
I'll tell ya, this has been one rough introduction to the world of penny stocks. A learning experience for sure, and an expensive one at that.
That said, SOMETHING has to unfold here soon. Not knowing what's going on with "the company" is almost worse than just getting bad news. As I've already missed my opportunity to minimize my losses, I'm in it for the long haul.
Going for broke.
VHGI
NN
Well, we have some volume this morning. Unfortunately the share price isn't heading the direction we'd like. :(
This was/has always been my primary concern regarding the loan.
A huge thank you to the crew who visited Landree and shared your experience with us. I greatly appreciate your efforts.
Additionally, winter is just around the corner, and I for one am hoping it's an especially "coal"d one.
VHGI, all in good time.
NN
As others have mentioned, i also don't believe he/VHGI would have pursued the loan if he wouldn't qualify for the letter of credit. Alas, they leave us no choice but to guess what's happening while we are left to drift aimlessly here with no news or updates. :-/
NN
In fact, we are not sure if Risinger ever obtained the letter of credit needed to get the $65mill loan. I wouldn't be surprised to see that he was denied. After all, he was also the driving force behind the original $6million loan for phase 1. Maybe he's overextended???
Just a guess
NN
Been out in the woods backpacking for the last week. What's the latest??
While i know some here have more ground to make up, that was also my guesstimate. $0.20-0.30 right off the bat with financing news will make for one VERY happy Neighbor!
NN
Thanks for taking the time to share about your conversation MoneyStocker1. As painful as this is to be a part of right now (I'm all in!), it will be equally rewarding when the financing lands in the account. I just wish I didn't have so much ground to make up before going green again =/
I'd rather make boring money than lose exciting money! Lol! Signing off for the rest if the day. Good luck to us all!!
Ahhhh. Well, we just broke through our .04 support on big volume.
Hope he kicks in and decides VHGI is a bargain!
Damn, this is painful to watch. Thought i'd be doin well for shares at .046. :-/
WDCO on bid at .01 and ask at $1.01.
How does that help us? Or does it?
NN
I'm totally on board Rsrch!
Lookin like that 1million share bid may get an opportunity to show!
Ok, ok Calmat... $0.25. ;)
HYPOTHETICAL worst case scenario...the financing doesn't come through. My thinking is, even if they don't get the financing, the infrastructure is in place for someone with the funds available to come in and buy everything and to start churning out some real coal! It's basically a turn-key business at this point. We may not see $1.00 that way, but $0.15-$0.20 FOR SURE!
In the red here too PT. Just averaged down with averaged down with another 30k @ .046 :)
Put in a bid for 30k shares. If this is a test for us longs, my answer is BUY!
Thanks MB.
Bid in for another 25k shares.