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Hi all-
I am new to bdgr and I was wondering how many authorized and outstanding shares this company has.
thank you for any info.
Hi- My chart says that when omog did the R/S that there was a dividend paid. Any info would be helpful. Thank you
my hopes are not to high- as all we have seen for 10 years is stock depreciation. Why should that change now? I am optimistic but barely.
Hi All-
I am now in with 2,000,000 shares at .003. I haven't owned ITRO for years but now I see an oppertunity for this stock to really take off and surprise some people.
To Moderator- Will you please remove that stupid song/active x control? That is so annoying even with my volume turned off I still have to click on this box everytime I read a message.
Very gay.
Thank you
Sorry- I haven't kept this board updated- I have been busy with other things. Stock symbol has changed to wgdff for all concernced.
Fringe
could you please let me know how you get such good charting?
Thank you
Grasswhacker-
Gspg in my opinion is a no brainer at these levels. But I still don't know if that means I have no brains for buying or if it means that you don't need brains to buy and make money at this level.
I also see that you are interested in soul winning. I have been referring people to this video that my church has posted onto the inernet so that people can understand their need for salvation. Check it out and tell me what you think.
www whatstandard com (fill in the dots)
The type of discussion on this video is how I ended up repenting and trusting in Jesus Christ for my salvation!!!. I am a new man!!
Nov 2005
2 Cr. 5:17 Therefore if any man [be] in Christ, [he is] a new creature: old things are passed away; behold, all things are become new.
FA- How did you come up with the number of 500 million oz. for proven reserves (I know you were just speckin but I was curious on what it is based on). Thanks
PS you should probably be able to buy goldspring after the $$'s that you made on Jaime's pump job.
I am still amazed that Randall Oliphant is on the BOD of this co. and it is still being ignored by the rest of the gold mining world.
Oh well I guess shares must still be a good buy at this price level if the public is still not in it.
GSPG removed from naked short threshold list today according to the news.
Doesn't anyone understand that we don't need more laws?- There already are laws that prosecute fraud and stealing. The system couldn't work any better than it already does. The US system of stocks and commodities is the envy of the whole world. We have the best market system in the world. Our system of markets is copied by the other countries of the world. Just because there are people that don't understand how the markets work doesn't mean that they don't work.
For example. Gspg trends down for 2 years straight and the public sees the short list growing while Usgl goes up for 2 years straight. How does this happen? Is there an evil cartel that is trying to destroy our business? No. When trading you may go long one security and go short another security in the same account at the same time. For example let's say that you buy 100 shares of usgl at .50/share and sell 100 shares of gspg at .50/share. Now usgl goes to 8.00 per share you made $750.00. And gspg goes down to .02/share you have made 48.00 from the gspg short sale. As usgl is going up and gspg is going down your account has more credit to trade with and so you can keep selling more gspg and buying more usgl. There is nothing wrong with this this is how markets give capital to the overperformers and take it from the underperformers. It is healthy. One day the conditions will change and these trades will start to reverse. And this happens over and over again every single day. There is no evil cartel just people that are very short sighted when it comes to trading and free markets.
regards
frnk
FA- How can there be a short squeeze if the shorts are naked and will never cover? This is why I don't beleive the 'naked short' story.
FA- I put in a order today to buy 50,000 shares of gspg at .0117 and I was told that I would have to transfer to a live broker to complete the trade. The broker came on the line after a couple of minutes and said he didn't know why the trade wouldn't go through but he placed the trade for me and it went through immediately.
If gspg trading must be done through a broker to stop Naked shorting then why has it kept going down even after this was implemented last week?
I don't know what is going on and I don't care. All I know is that I own a mine in Comstock Lode of Neveda USA that is producing and getting serious about growth. A company that is shaking loose of Steve parent and his cronies. A company that is small and nimble enough to change with changing market conditions. And a company with a whole lot o' ore.
Frnk
FA- My broker has been Ameritard for years and I have never had a problem buying or selling GSPG with them. I just bought shares last week and I will be buying more tomorrow. I will let you know if they get squirrely with me. Maybe the orders have to be called in because just last week Ameritard merged with TD Waterhouse and now it is called TDAmeritard. Possibly TD Ameritard has different rules for buying OTCBB stocks. I don't know I'm just thinking out loud.
regards
frnk
HI FA- I think you are to smart to believe in this Naked short nonsense. I looked at the list of companies that was at the link you provided and I saw the name of a company that looked familiar. GSLM. So I put in the ticker and brought up a chart and the company is trading close to all time highs. How do you explain that?
Then the next company name that I recognized was USGL. Now I didn't have to bring up a chart to know that this stock has been doing very nicely for quite a while now despite being on the 'naked short' list.
I am open to any reasonable explanations.
If you don't care to discuss it because nothings going to convince you otherwise than that is fine as well (time constraints, etc).
Regards
Frnk
BBBabe- I was writing 'tongue in cheek' about being glad that there is 'naked shorting'. I do not believe that naked shorting exists. It is like believing in UFO's or Saskwatch. There are CEO's of companies that blame naked shorting for their lousy stock price performance but they themselves know that it just doesn't exist.
I am still glad that the price is low even though I know that it isn't from Naked shorting. If you really knew that micro cap stocks were being 'attacked' by naked shorters then why would you invest in them. Why not just invest in mid cap companies or real estate?
You can believe what you want to believe I just hate seeing people waste their precious time chasing invisible villians.
Hopefully they can keep it down for a couple of more weeks!
I am glad there is 'naked shorting as it keeps the stock price affordable so that people like me can accumulate large positions for pennies on the dollar. If it is a good company then what could be better than being able to buy it at a good price?
Amazing performance of up 600% + since this board was started and the public is completely out of this company!! Go figure.
Check out the latest news above- It looks like they are getting ready to really pump this stock by bringing in the big leaguers. I am really impressed. Who would have thought that R Oliphant would get his hands in this pie.
Sorry- Not DMI as referenced in previous post but on this chart it is called ADX (same thing I think just different name)
for what it's worth
The DMI on the chart above now looks super bullish- all's we need is some volume and news and this little company might become a big one very shortly.
This is not a recommendation to buy or sell.
Welcome Mouser- That is some good info that you dug up. I also agree that wgdf is still a super deal at these price levels but this is not a recommendation to buy or sell as everyones portfolio needs are different.
It looks like wgdf may be picking up some speed here. Maybe there is news coming shortly or a recommendation to buy from a newsletter. It just look like buying volume is picking up for
"no" reason at all?
I am so confused.
This company stock chart is throwing off some mixed signals with the DMI kind of trend less and the stochastics not giving meaningful buy or sell signals. Hopefully that is because wgdf is getting ready for a lasting rally.
Everyone is just waiting for the January newsletter to come out which will probably come out late because the Dec. newsletter came out early.JMO I would just put the lid on this company for a while and let it cook for a couple of more months before expecting anything.
"For this is the love of God, that we keep his commandments: and his commandments are not grievous" (1 John 5:3).
An update to clarify my last post
I should rephrase "mngmt shakeup"
the following press releas is taken from romarco minerals website and explains the changes in mngmt because of merger agreement.
"The combination will be effected through a share exchange merger whereby Romarco will issue its shares in exchange for shares of Western Goldfields. Details of the share structure will be finalized in the definitive merger agreement. Upon completion of the share exchange transaction, Diane Garrett (Romarco Pres. & CEO) will become Chief Executive Officer of the combined company and Thomas (Toby) Mancuso (Western Goldfields Pres. & CEO) will become President of the combined company. "
At the price of twenty some cents it is my opinion that WGDF is "low hanging fruit".
I beleive that we got to .20 cents because of some sort of management shake up having to do with the Romarco merger.
But now that is behind us and the market should start pricing in a premium for having an open pit heap leaching mine that has been operating for years and producing a lot of gold. Now the management just has to lower operating expenses and start socking some money away.
regards
It appears from this news bit that Morales wants anyone to help him develop the hydrocarbons except for USA
http://news.bbc.co.uk/2/hi/americas/4593202.stm
Any day now
Newsletter can't be cut and pasted as it is in PDF file format.
See link for insider transactions
http://finance.yahoo.com/q/it?s=WGDF.OB
I know it doesn't sound good that WGDF is not repling to my email question.
That is because they do not want people to be buying the stock at these dirt cheap prices.
Most likely the insiders are scooping it up to resell later for dollars and not cents/share.
Believe me, when this stock hits a couple of dollars a share the management will be doing nothing but answering emails and talking to investors about how great their company is.
That is just how it works. It takes a couple of business cycles to catch on.
I'm still waiting for Investor relations to answer my email!!!. This is just how it is when a stock is at the bottom of a cycle. The companies don't talk or answer emails or the phones. At the top of the cycle all they do is answer emails and talk on the phone and go to investor conferences so they can sell overpriced stock. To me it is actually a buy signal when nobody from the company will talk to me and it is a sell signal when companies are eager to talk to investors. Just some opinions of mine.
HI Gateway- My opinion on investing in wgdf at this price level is based entirely on technical analysis and not at all on fundamental considerations.
That said I base wgdf a buy. I use the DMI on a daily and weekly basis along with Momentum indicators with stochastic indicators on daily and weekly basis to help time purchases and sells.
I am still waiting to hear from investor relations on what the impact of the merger will be for new investors versus investors that were holding shares before the merger announcement (in relation to the 2 for 1 deal which is 2 shares of Romarco(tsx) for every 1 share of WGDF)
Gold up 5.70 right now in night trading- probably a short term top somewhere in here but for wgdf it is looking like some kind of a bottom is going/has gone in. I have a feeling that this company will lag the big cap gold stocks a little but once it gets moving it will be like a train to the upside.
I don't think that the merger is 100% complete. It looks like they are still waiting on shareholder approval and maybe some other details. It should most likely go through in my opinion.
This is the first discussion board that I have created so feel free to make suggestions.
Thank you
Frank Detroit
Welcome to the Western Goldfields discussion board.
This is an interesting little company with some intriguing possibilities. Their website is very informative.
Don't be shy- just jump right in.
not 30 million but 300 million and hopefully fmnj will be able to negotiate a slice of that for ourselves.