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.
This thing keeps getting continuously shorted. Stinks of manipulating. My guess is Roth. …..A great price to get in.
Bob,
So much shorting
Yawn……wake me when Nevada comes to life.
A PE of 10.
derivative
Physical doing quite well. Likely reacting to that four trillion of helicopter money…..of course most every country on this planet is inflating….and it’s a race to see who can do it faster. The tide goes in and then it goes out.
For the moment, this company is going nowhere. V
Two years ago you were touting this was getting back on the OTC. …In September, they won’t even quote a price for this scam.
The report looks good but I personally question the derivative loss. ….?
More derivative losses?
As a guess, they are trying to flush any margin accounts. There must be one heck of a move coming.
The new rules in September should be of concern to anyone who owns this crap. It’s called capital preservation when you sell with a loss.
Yawn, same ol games.
Obviously this was a SCAM as the promoters are gone. If you are still around then you are a bag holder and Stan now has your money.
Been here too long myself. Based on information given, they should have already be producing something. No wonder the shorts are all over this….There never should have been another dilution. obviously management is going along with some degree of a scam……Really,,,,At 25.00an ounce, one should be making a crap load ofmoney
The production should have already been up. This silent treatment lame.
USAS is years away from profit.
One has to applaud Rob in doing exactly as he stated. Obviously they have two drills working the North pit and they continue to prove up more material…..I wonder when this company will receive some respect.
New trading rules are coming. Since this is not a reporting company, I expect the stock price to continue down.
Should be 2.5 times book, which is about nine dollars. New quarterly earnings should have it moving up towards $12 and $15 if Phil doesn’t buy anything.
Seems to be no love for AXU
Pins into Phil doll….” Do not buy anything. Pay off debt. Buy back shares.”
This company needs to pay off their debt and start buying back shares as this is the only sure way to prop up the share price at this current state of market. They have the cash!
You failed to point out that the second quarter production results are LESS than first quarter results.
I’ve been saying all along that the ROX merger was a very bad idea…..Now you have all this dilution and no production to go with it.
Oh the Irony!
Q2 …..How the heck could they produce less than Q1?
Most PM stocks are down two or three percent. This one is down 5%…..WTF, they are making a net profit and have more cash than dept.
Logic no longer matters.
Sentiment at 5…..Damn!
Hmnn,,,,I read that China is buying silver and the price goes down? Perhaps because they are on the other side of the world from me, things work in the opposite direction?
A good production report is due, but the beat down of PMs continues despite huge inflation.
That debt seems reasonable since they are paying it down….slowly. Short term debt was paid off recently.
If you think debt is a problem then look at Mountain Pass (MP)….750 million in debt, no profit, not even a dime in book value and its 34.00 per share.
The two Mexican mines have greatly increased production and Tucano is back on track is what I read. ….Between the shun of PM stocks in-general and the rabid shorting of this company, I think we have to wait for Roth to do their thing.
Dam!….So much for my plan to buy the company when the stock price hit one cent.
So no book value according to Yahoo?
Has anyone crunched the numbers as to what the new forward PE might be?
Yawn,,,,Silver and gold are up a little but the PM stocks have been beat down so far that no new money is willing to tnvest. JMO
A. Clair retired two days ago……If you have to ask, don’t worry about it.
Yawn…..Gold at 1800 and Silver at 26…..It’s going to be a killer quarter for FSM….ROX is another story.
Down 3% on two million shares. Manipulation!
I’m guessing that some short saw the Red Cloud news and automatically assumed there is some sort of equity deal in the works. ….Seems stupid as Rob spoke at the Roth event months ago and nothing came of it.
-This is the only business where a company gets punished for actually making a net profit.
I was wondering when this would happen….Carlos Aguiar appointed VP, in charge of Lucky Friday.
Two items to note:
1. The union won ….One HATED mine manager and big Larry appear to be gone.
2. The workforce is more Hispanic.
What does crow taste like …..Phil?