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4 simple words, LOW HAS TO GO! Looks like the shareholders need to call a special vote ASAP to have Dana Low removed as a director and certainly as president. He has done nothing he's said he was going to do. We need to replace him immediately with a responsible & sensible operator so the company can operate consistently, extract gold and become a positive cash flow organization. All we have ever gotten from Low are unfulfilled promises, predictions & projections. Additionally, extended long term forecasts are for a mild winter, so it's quite possible they could operate the entire winter. I heard a nearby operating mine missed only four days of mining during a recent severe winter.
I called this # for strack & the # for Low....no answer. If anyone talks to these guys please post what they are doing to produce gold out of dun glen. If they aren't doIng the job, they will be replaced.
I thought the BLM was out of Carson City and why would they be targeting placer mines? They are a source of revenue via permitting.
The market is CLEARLY sending a message that this company has no direction or leadership. The shareholders may have to come together to put in new directors & management that can get the job done. Current leadership is not doing anything, if they were we would have news.
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Would anyone that knows how to reach low & or this strack fella call them and ask about ALL of these potentially great things going on at Dun Glen; then post the latest & greatest here on this site?
With gold at nearly $1300/oz. today, URHG looking more & more interesting by the day. Im not sure if this is still accurate, but in the recent past I read somewhere that this mining company was all profit above the area of $300 an ounce. $1000 an ounce profit & rising makes it quite clear why announcing a strong gold report would be such a significant event for the company and its shareholders.
Like you, I just want to see the company get the chance to succeed, after all of this time, for the loyal shareholders that have been patient through a lot. I do feel the upside potential here far out weighs the downside, which leads me to believe that all involved with URHG will do the right thing. If not, I feel sure the shareholders and large investors will unite, as they have in the past, to force the right action.
I just heard from another very reliable shareholder that says two of the three URHG Directors resigned on Friday. Robert Quinn, a director and Ken Barker, also a director and the President of URHG both resigned because they met with Dana Low and Bill Strack on Thursday and asked that Dana step down as President of Dun Glen Mining Corp. Apparently, Dana played the "Simplot card" stating that he had the complete backing of the Simplot family and he would not step down, so Quinn and Barker resigned. Now it appears that Dana Low is the only director and he is also now the President & COO of URHG, as well as the President of Dun Glen Mining Corp. If anyone can confirm, please post it here. Or, you can contact Dana Low directly at the company for more information. I'm sure he will fill you in on any new details concerning his new responsibilities and the backing of the Simplot family.
Wow, what a thorough report from you on what all took place at the recent s/h meeting.and I understand your position exactly I still lean towards feeling like we are finally close to being a real operating company. I'll be back with a longer post after I talk directly with some other s/h's who I know that were also at the meeting. For now, I sure hope Low & Strack know what they are doing and are 100% honest fellas because URHG has a large & diverse s/h base and almost all of them, whether super well off financially or average guy's, are big time on edge. It's been a long drawn out process to say the least. I sure hope we don't find out we have been mislead by Low and/or Stack in any way or that there has been any monkey business with the gold on-site or corporate funds put up by the Simplot family or any other investors. Thanks again & please keep posting as you get new information.
Wonder what the VALUE of the gold is that you guy's saw on the wash plant from the prior days run? Sounds like the company has found the sweet spot with really high grade ore. The company may be cash flowing here very soon!
thanks for the post themtharhills.....sounds very positive. Glad to hear the Simplot family is backing the company....shows they are bullish on the future of URHG. Hopefully, the upcoming winter season will be very mild and they can work the mine, OR MINES, all year long.
Well Mac....I hope it is a long time before any of us are back stage having cocktails and cigars with ole Bob Hope. I remember how cool I thought it was when he had his own golf cart with the front in the shape of his face and nose. I loved that guy. Maybe we will all be jap slapped up side the head when we least expect it with some good URHG news followed by positive share price movement. When towels start being thrown in, sometimes that is followed by a completely unexpected turn of events. Crazier things happen....see Donald Trump! Maybe we get lucky here....about time our luck turned.
same BHGI going to .02 sermon, different day.
Sorry to see you go Mac. I've enjoyed your sense of humor & writing style. When did you finally decide to hit the button marked sell and did you let it all go, or hold on to some shares for the helluva it? At least football season is now upon us!
Are you still a s/h'er woofers?
I have talked to Ken a few times this year, including your referenced timeframe of May, and he never once asked about or mentioned a thing about me buying in. Thats not his style and I personally think you are mistaken. Ken is a very consistent person. He has said the company needs to raise capital, but has not once asked me specifically. Bad as things seem, fact remains they are fully permitted including with the epa. If they hit a little sweet spot here soon, we might see some appreciation in the market. I can even afford some more at a penny.
Time to rally all the way to the 4:00 bell!
R2R, where are you man? Looking forward to you chiming in here.
There is definitely some interest on the buy side of the ledger. Stock seems like it wants to bust on out to mid teens again. If it does, it'll be interesting to see if it can hold there. Bid is still too low.
Well said. Not paying for filings to stay current, as a public company, is like a small private company owner using funds for any non necessity before paying company 941 payroll taxes or rent. Getting behind on either of those key expenses for a small private business can get you shut down and/or evicted.
The bid needs to come up closer to the ask & narrow that gap. Ask buyers think twice with a .04 spread between the two.
Sounds like the scare crow from The Wizard of Oz.
Where and when are these containers going to be made, anyone know? Let me guess, it will be outsourced?
Never owned it or heard of it until I saw it in your alas. Just don't like cockiness. And on the constant use of the teenage Lol, what an original acronym.
Who's the BIG SPENDER that raised that big boy bid by .001 from .04 to .041? Must be a Milton Drysdale descendant. Wow, bet it fills now.
Someone threw some .08 colored paint up at the very end of the day. I'll pay .06 - .08 tomorrow. If a small run is coming I'm not too concerned about a penny or two.
your humility is impressive.
This might help Ddcc if it had an up & producing gold mine.
So it sounds like good things coming for BHGI?
So good things coming for BHGI R2R?
I am one of those that does not know, could you explain?
starting to think you are right. I follow a little Nevada gold mining company called United Resource Holding Corp (URHG) that's trying their best to get in to and stay in production with little to no cash in reserve. Yet, somehow they manage to stay current with their filings and are completely transparent to the public. Getting behind with the SEC is a big red flag as is 500+ mil. outstanding shares. Looks like they are handing out treasury or newly issued shares to execs/officers like candy to children at Halloween. Wonder if they are even restricted under rule 144?
Maybe I'm missing something (wouldn't be the first time) but please post a chart from this companies public history where a PUMP & then a DUMP is clearly evident. I see no evidence that this equity has ever been pumped or dumped. Typical pumps go from a couple of cents to a quarter or say from .50 to a $1.50-$2.00 range, as an example, and then right back to where they started, or lower. If this equity runs to .15 - .25 in a short amount of time on no news, or non-verifiable news, and goes right back to a .015 - .02 range, also in a relatively short amount of time, I'll post that you were right. Until then, your P & D argument is weak.
Strong Buy on barchart!!!
http://www.barchart.com/quotes/stocks/DDCC
what are you guy's expecting near term? Can we hit .10 +
All I want to know is when the stock is going to go up, so I know how much time I have left to buy more shares.
I am a newbie to the DDCC crowd....I was a little more than half of the volume today. Buddy of mine I respect just said buy some...you'll be pleased, so I did late in the trading day. Can someone post back the readers digest version of the company what/why/when/potential, etc. stuff? many thanks....
good post, good info. I did not know that about the US credit card market, but India is certainly a huge growth market for the business they are in.....I tried to buy some at .62 when I was at an airport recently, did not fill and now look at it....touched .95 today intra-day. Will this blow on through a $1 soon? sure looks like the stock has upward momentum. the board appointee from Square gives them a lot of credibility. He is being compensated with .75 options.
open this link and look over to the right near the top of the screen near their logo for the yield sign.
http://www.otcmarkets.com/stock/CLPI/quote