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I was Taught and Learned quickly early on......
NEVER EVER EVER Take a RISK (Even if close to Zero) with the EQUITY of your home in Any investment. Use any other money but Never take a risk with your equity. That is your home.
My 2 cents if you care to.hear it.
Good luck
I am strong believer in ORC but would never do that or any other stock.
You are off by + 14 cents.
Interest rates caused the decline. It will go up.
Again dollar cost averaging will still work.
It is clear that many believe that the Plan is coming together to implementation.
Of course Gold (if easily mined) would help develop the Copper (Very large) deposit.
The fact that CEO and Officers put close to a million dollar of their money is impressive.
If they doubted they would keep loans. All their money as stock and options.
Actions speak louder than Loans :)
Just hit $ 4.00
Massive I tell you....massive losses...oh wait... :)
Almost 11 million Shares Traded Today do not agree :)
Exactly..
The Economic policies of last year created inflation and then they crater wall street and economy trying to control it....
Only means a more sustainable Dividend.
You can than throw Fed for the rise in interest rates.
However when the current situation is changed the dividend will increase.
These are Serious allegations against the CEO. I believe he is a Lawyer and Engineer. Have anything to back this up?
Maybe wise to delete this..
The Market Agrees with you.
:)
To those who want to get rid of their ORC shares.....go ahead and sell them....the Company will gladly take them off your Back....ROFLOL:)
From the December 9, 2021 News Release....
Stock Repurchase Program
On July 29, 2015, the Board authorized the repurchase of up to 2,000,000 shares of the Company’s common stock. On February 8, 2018, the Board approved an increase in the stock repurchase program for up to an additional 4,522,822 shares of the Company's common stock. Coupled with the 783,757 shares remaining from the original 2,000,000 share authorization, the increased authorization brought the total authorization to 5,306,579 shares, representing 10% of the Company’s then outstanding share count. From the inception of the stock repurchase program through September 30, 2021, the Company repurchased a total of 5,685,511 shares at an aggregate cost of approximately $40.4 million, including commissions and fees, for a weighted average price of $7.10 per share. The remaining authorization under the repurchase program as of September 30, 2021, was 837,311 shares. Today, the Board approved an increase in the number of shares of the Company’s common stock available in the stock repurchase program for up to an additional 16,861,994 shares, bringing the remaining authorization under the stock repurchase program to 17,699,305 shares, representing approximately 10% of the Company’s currently outstanding shares of common stock.
As part of the stock repurchase program, shares may be purchased in open market transactions, block purchases, through privately negotiated transactions, or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Open market repurchases will be made in accordance with Exchange Act Rule 10b-18, which sets certain restrictions on the method, timing, price and volume of open market stock repurchases. The timing, manner, price and amount of any repurchases will be determined by the Company in its discretion and will be subject to economic and market conditions, stock price, applicable legal requirements and other factors. The authorization does not obligate the Company to acquire any particular amount of common stock and the program may be suspended or discontinued at the Company’s discretion without prior notice.
Have at it....
GO ORC!!!
And once more
A dividend of 6.5 cents per share. Annual of 17%.
Price overnight Jumps to $4.67 per share.
Last Quarter Net PROFIT of 26 Million Dollars.
Even with Dividend payout....an Increase of 6 Cents per Share in Book Value.
Company sells shares TO GROW PORTFOLIO not to pay dividends...but some will NOT let Facts get in way of a Good story line :)
We will see if your prediction ages like
Fine cheese or a Rotten egg...
Once again many just point out ORC share price and NOT include the Monthly Cash dividend payouts...that to say least is very misleading..
Well the market liked the new managnent with Bimini
No one saw that one ...
Did weak hands sell??? :)
I used the low price to add more...
The Gold Data Presented today is Solid.
Definitely deserves drilling.
Drilling results will dictate economics.
Yep...these institutions are mucch more experienced
Bet we see a 100 share sell at 3:59 pm to satisfy someone's narrative....
LOL!
Highest volume day in a year or 2 or 3....split or no split.
What got you in a twist????
Was it something I wrote.....
You seem really concerned about my money...
You see .... altruism is alive and well...
ROFLOL
I am surprised you posted out of nowhere just as LBSR ready to drill for Gold.
LOL
Great quarter.
CEO Cauley hits it again!
$20 Million in Positive Net Income.
6 Cents Increase In Book Value.
I am So Sorry for those who Shorted ORC....NOT! :)
Warrants are useless until 80 cents.
Interesting.
Great News.
There is a CEO who sets timelines so studies and analysis is not forever.
Fully support CEO Gross
Go LBSR
CEO Cauley seems happy with results. They are trying to keep options open for rising interest rates that did Not materialize.
One reason I like ORC is they always consider all options.
Quarterly results aftermarket tommorow for ORC.
Maybe it is just me.....
But I think that whoever is doing the buying is More Intelligent than Flippers here are giving credit to....
Just a hunch based on the buying pattern...
Today is 165,000,000 shares pre split.
Got LBSR
Exactly.
Not a Geologist but looking at the highest grades. They seem to be clustered in the center which means this is not a fluke but a genuine deposit from a geologic outcrop because usually they are circular in shape.
Just my basic observation
Very good for Prospective international and national prospective JV partners. Cash to support the phase 1 drilling and feasibility study in additional to a gold deposit.
Great Work by Brett Gross
I am sure he will use this when contacting potential JV partners with more detailed scientific info.
Let me Help
NASA says there is A Significant probability that an Asteroid of a Similar Size that Wiped out the Dinosaurs is Heading to Arizona so LBSR Dreams of a Mine may be on hold for 300,000 years or more....
That may help lower the share price.
Just helping out a brother...
ATTENTION CHEAP LBSR SHARE FANATSIZERS.
YOUR STRATEGY is NOT WORKING
TRY HARDER!!!
Completely True regarding the price during the NAK deal. I saw it with my own eyes on screen. Price literally Exploded Upward in matter of 3 days.
Maybe that was the catalyst for the BONE HEADED (Being kind here) move by JB to issue warrants to himself without consulting a Securities Lawyer Leading to Lawsuit by the Shark Financiers that IMMEDIATELY Collapsed the price after the settlement was announced issuing 10s of millions of shares to the financiers to settle the lawsuit and collapsing the price in matter of days following by years of saga....ohh....now I am bringing up very bad memories....
I am a fair person and still want JB to Make money as reward for his Scientific efforts over the years and His only way now is keep his warrants and shares and BUY MORE SHARES instead of Feeding the peanut gallery on Agorocom (I dont know for sure).
Now back to better time...that would put up the value at 6 dollars if just a measly JV is announced and that NAK was not that great of an announcement. Just think if BG completes a Real Good JV in Arizona let alone desolate part of Alaska that needs 10s of Billions Spent before anything is even drilled.
You can eat the popcorn from a Copper Gold Bowl :)
That 40k at 2 dollars.....
If the news is right and we get funding to start drilling is completely wiped out to 5 or 10.
If After the drilling even begins to prove what I posted we have based on rough estimates...then 10x that would be reasonable.
It could also be way more based on deal and partner or partners involved ...
But this current price is a Joke compared to possible value....IMO.
You mean you do not trust Acme Law School graduates....
I am very disappointed :)
Go LBSR
Great insight newuser.
Totally support CEO Gross.
All 100% valid points you state.
That was june 2020 not may 2021
Thanks for update.
Also there are rising COVID cases around the world like India, Brazil, ....so yes some countries have imposed very strict travel limits...however if you don't read the news as some of the Flippers on other board then you would not know that.
If you are talking about the company ORC. The market disagrees.
If you are talking about his charts. Then I Agree IMO. Charts without context (Dividends).
IMO
Go ORC.
Jones Trading....yeah ok....
Many of these analysts predictions are contrarian..in fact some traders (not me) make good coin going against them.
Only metric I follow is obviously Earnings. Book value will always decline because of dividend paid, but earnings definitely need to improve next quarter. Again CEO Cauley and his team have managed tougher environments.
This is not a short term play unless you are experienced trader...
Dollar cost averaging for rest of us.
IMO