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Is silver being manipulated ?
Because the gold/silver ratio has increased by 15 points in the last month or so.
So inflation is hitting silver even harder then it is hitting the dollar.
The crooked bankers are short selling paper silver to cover their inflation losses.
of the dollar.
When will this manipulation end?
What happened to the supply BS we were sold?
It was a sales pitch that was supposed to give investors more hope
in the MJ market that the suppliers of products to that market would
really do well.
WTF happened?
RS = (reverse sh#t) ---- All stocks that RS that I have been involved with
never work out.
Just a ploy for the companies to raise money for the owners to keep the
company afloat and screw the shareholders, sorry to say.
What is going on with the gold and silver charts?
It is flatlining in over the last 24 hours from early Friday afternoon
to close and from opening until now.
The Comex paper traders are taking a break or is something else happening?
I have not seen a chart (gold or silver) like this in quite a while.
Before close on Friday until now, basically, flatlining..
Just where are the financials for this company in actual sales?
Probably more like 0.50 PS would be a good buyout price right now.
The talking heads have said all this before --- "Just wait till the
quarter report and we will be sitting pretty"
Quartet after quarter and still flatlining like a dead persons
electrocardiogram.
In the meantime of one or two years can I sell before the RS
an come out ahead of my purchase price of 0.07?
That will be my strategy before an Rs, win loose, or draw.
I have been through many RS's and have gotten burnt on all.
Yeah, half or more of these types of posts are BS.
My answer to them is, I got a bridge for sale in Brookland.
Don't get me wrong here guys because I own
a good chunk of this stock but isn't it ironic that they want to ban flavored vaping
products but legalize MJ.
A double standard no?
If a buyout happens the shareholders will probably get screwed.
I have had it happen more than once in other stocks I have owned.
Agreed.
We had something on the books in 2018 that was supposed to drastically
change the paper gold and silver trading market.
It was a big nothing burger.
The big banks are going to continue to manipulate because money
talks and bullshit walks.
The big banks are making a fortune by manipulating the paper market.
Yeah, this a-hole halts the Keystone pipeline in this country and
lifts the sanctions imposed by Trump on the Russian pipeline to
Germany and the rest of Europe. Anything to reverse Trump's policies.
It is like Biden cutting off his nose to spite his face.
Yeah right, he is for the American people.
All on deaf ears with this administration.
This stalemate will continue as long as the climate change
and the environmental wacko crowd stays in power.
Look what Obama did in 2014, weaponizing the EPA to put a hold on this mine.
Nak won that in a lawsuit.
It looks like we need 8 years in a row where a president and the congress
are pro-mining.
Trump couldn't do it in 4 years.
States have no say anymore. Just look at the southern border.
Whatever the case, us long's all end up as bag holders, sad to say.
Yeah, I heard Bernie made off with a lot of money.
It's not foolish if we have rampant inflation.
The Fed is printing money that has no real backing anymore.
They can't sell any of these bonds where countries like China used to buy them.
If the dollar is replaced by some other fiat currency or a digital currency
as the world reserve currency, the dollar will implode.
China and Russia are working on it.
How do you think the US can impose these economic sanctions on our
enemies like Russia, North Korea, etc.? It is because the dollar is still
the world's reserve currency.
I am afraid that is not going to last much longer, so 50.- 100. -
300. dollars an ounce would not be out of the question for the price of silver.
At least buy buying silver now and holding it you will not lose much in actual
dollars if the price drops but holding fiat currency for any length of time is devastating.
The 2000 dollar against the 2020 dollar has lost 0.37.
Who knows after this year with all the bogus bills being printed by the Fed. in 2021
dollars could be worth half as much as the 2000 dollar.
So at the worst, you could do in buying silver and holding silver for a long period
is break-even against inflation.
Not so with the dollar, it just goes on devaluating because the bank interest
on savings now will never keep up with inflation.
You are thinking!
It is also odd when they say the price of silver could go to $300.00
an ounce but fail to say what inflation will be when that happens?
So if inflation is rampant when that happens it would probably be
a good investment now, at least you wouldn't be at a loss by that
rampant inflation but maybe break even. Think about it.
Agree! Look what Obiden has done already to undo all of Trump's
accomplishments. The pebble project will not escape his quest
for more power by satisfying his far-left environmental buddies.
Boy, NYSE must have more flexible rules than the Nasdaq.
Take a look at NAK a mining co. It is listed on the NYSE.
That puppy has been down in the PPS .40 cent range to 2.00 in the last few years.
I believe it is, because of all these good things that could happen,
as you well stated, for Alkascans if the pebble is approved are now put on hold.
This dope in DC is going to block it any way he can along with his environmental buddies
by weaponizing these agencies like the USACOE.
That's what happened in 2014 when Obama weaponized the EPA to put a hold on this
project. Nak fought it and won in 2017.
Classic case of states' rights being trampled on and that was my point.
The problem being, the new administration is stepping all over states'
rights and wants all the power to be controlled in DC.
Look what is happening with our southern border.
Do you think any of these states want this flood of illegals, drugs,
criminals, foreign terrorist invading their state?
I don't think so.
If any one of these border states go along with this madness,
they have to be just as crazy as the ones in DC that are
promoting open borders and thus future voters.
Nak is in the same predicerment. Alaskan states rights being
trampled on by the powers that be in DC
Connecticut is a small state but ---
https://www.wtnh.com/news/connecticut/gov-lamonts-recreational-marijuana-bill-passes-in-judiciary-committee/
Srna should be in a good position on looking into building ventilation
systems as an added revenue stream.
The pandemic has a lot of municipalities updating their building
ventilation systems to comply with new government standards.
So this could be, a double-barreled whammy for this stock.
Go SRNA!
If you had purchased the lows back in April 2020 and held them until
now, the gains between the dividends and the increase of the pps would
be about 15% or more in one year and reinvesting the dividends the percentages would be higher.
Not bad for a high dividend stock.
Whatever happened to the plant in Mexico to build the OGGL's?
Another BS story from back in 2019.
https://finance.yahoo.com/news/idvv-plans-oggl-production-facility-140000600.html
This company is like a shell game where the investor can never win.
Will this ever get back to 0.03 cents?
If it does I will sell and break-even, less brokerage fees.
Fat chance of that ever happening.
I hope so. I bought in @.075 in the very recent drop where I had a
buy order in and it was filled. I was not on top of it and if I had known
the news that caused the drop in the PPS about a possible RS and
with the huge number of stooks being added I would have canceled the
order before it got filled.
That is what you get when you are lax at watching your portfolio.
Right now I am still holding but with a stop-loss order in.
Now I will check at least twice a day for any PRs and act accordingly to my holdings.
I agree. Well said.
Now I am off to my critical race theory class and where I will
apologize for my whiteness.
What a joke.
That is less than a month away.
Hope it works out for you guys.
After 5 years, I just ran out of patients watching all the politics
from Obama to now that affected this stock price like a yo-yo.
I will probably kick myself but that is nothing new on any of my
investments in the stock market.
Good luck to all.
@ closing, why such a spread on Bid and Ask?
On top of the breakout board --- good thing or bad?
Sure, that's the reason I made that statement before the opening
this AM that the stock was going to tank.
I still wonder if there was a large dump of stock by the insiders
of this company in the last day or two?
I am glad you are optimistic, it gives me a little hope here.
But I never had a say in an RS. They just went ahead with it.
I will hang in on the loss but putting in a stop loss now.
I just sent a message to Serna on Facebook asking --
"Did you dump your stock yesterday?"
There will be no response, I am sure of that.
Right now sadly, I am holding about 70000 shares.
If I had checked the stock before the close yesterday I would have
dumped it.
Even the talk of RS makes people run for the hills.
I can't blame them because I have been burnt every time on
an RS.
Watch it tank this morning.
At this point, I am fed up with this stock.
I hope I can unload this AM before any big losses.
I wonder if the insiders dumped yesterday?
I had an outstanding order for 50,000 more shares in the last week
for .075. I just checked and to my surprise, the order got filled
today. It dropped to a little under.075
Now with all the talk about adding so many shares and a possible
RS I am not so confident it was a good move.
I have been involved in many RS and they all sucked.
Why will this one be any different?
As I've said many times before, "It will take a miracle"
Just another stinky pinky.
Hell, I make out better playing craps in the casino than investing
in these pennies. It is probably on par with playing the slots.