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I agree. Drake has done the right thing by putting out the bad news. Now they are appointing new officers that can get the job done to make this company a success.
A dog has a sense of smell generally 10,000 to 100,000 greater than a human. In one test, dogs could detect lung cancer in a human 99% of the time by smelling a human's breath. Dogs can also detect cancer by smelling urine.
London study shows dogs able to smell cancer. Are mongrels healthier than purebreds? A study suggests they are.
Nearly half of all dogs over age 10 die from cancer.
Good find. It looks like a very recent update to the FAQ section of the GBDX website. It tells us that they are responding to the SEC query. Also, that the response will be made public. I believe there are events about to be disclosed that Global Diamond is not ready to tell us about yet.
Whoever wins the bidding for Western Energy will still need a Russian partner. The deal for the Syrian refineries is almost as big as the Western Energy deal.
We will only see a pickup in trading volume in GBDX once there is a significant increase in the share price. Selling in the .0002 to .0004 range died out yesterday.
Thanks for making the phone call to AmeriTrade. Does NWOL have a reasonable shot at being selected by Sinopec to partner in the Western Energy deal?
Any large bids on QuoteScope for NWOL?
You are correct. Unfortunately, the Mineweb articles on ABV Gold were right on the money with this company.
ABV Gold may receive some Federal or state grants to do research on lymphoma cancer for dogs. The mining claims were probably worthless. At least, the new company will receive revenue from treating the dogs. As the WSU article states, the university receives 5 to 6 calls a week about lymphoma cancer in dogs. ABV Gold does have 3 billion shares to sell as the PR's come hot off the press.
I share similar concerns that the treatment of dogs for cancer may not be really that profitable. Revenue would be eaten up by the salaries that have to be paid to the vets. Also, heavy duty expenses for the latest medical equipment. The new treatment center will be treating dogs for lymphoma and other types of dog cancer. The average claim submitted to insurance companies for dogs having cancer is about $480 to $600. There is an initial visit which usually costs about $200 that may not be covered by insurance. Some types of dog cancer can cost into the thousands of dollars if radiation therapy or chemotherapy is involved. Management needs to prove to the shareholders that this is a viable business. Why travel to this treatment center if the local vet can do the same thing at a lessor cost? Or refer locally the dog patient. I don't like the 3B shares that have been created. Some pet owners have deep pockets and will pay whatever it costs for their dog to get well.
You might try putting a bid in at .0505. No short selling is permitted on the grey sheets.
My Scottrader says bid .0004 ask .0505.
Can you confirm with your broker that there is a bid for 1 million shares that shows on QuoteScope.
Thank you for the information you have provided us shareholders. Is this a recent phenomina? i.e. big buyers on the bid. It seems they are walking up the bid. No one in their right mind would put in a bid for 670,000 shares (out of a public float of 5 million) unless they knew something definite is about to happen. Why would the size of these big bids be so large?
Any updates on QuoteScope. There doesn't appear to be any interest from anyone selling at these levels.
Dog cancer can be traced back to its wolf roots approximately 200 years ago. It probably started from one infected wolf.
There are some excellent dog food supplements on the market than can prevent cancer and arthritis from setting in on a dog.
I'm happy to see a post on this board from you. I would like to see comments by you re:NWOL when you feel you have something to let us know about.
WHERE IS STRONGUS. I miss his positive feedback to this message board. One of the last posts he made had to do with his analysis of trading activity since the merger. It was his analysis that there is a naked short position of about 10.8 million shares. The naked short position is roughly double the public float. I believe that the two increases in A/S have to do with aquisitions. I doubt these big bidders will get any more than a few tens of thousands of shares if they are lucky. The cat is out of the bag.
The stock is probably being accumulated by people in the medical field for dogs. The most common type of cancer among dogs is lymphoma. The average cost of treatment runs about $479. Roughly, 1/2 ounce of gold.
Any competitors for ABV Gold in the dog business? It looks like they don't have any competitors.
Did you know that 1 in 4 dogs die of cancer. Who knows, the new clinic may find a cure for cancer in dogs. Spaying a female dog greatly reduces the risk of cancer that dog may have.
I believe the story is not over for Global Diamond. Several years ago, I invested in a company called Universal Development Corp. - UDVE. They were mining for diamonds in Brazil. The company ran into trouble. I stuck it out. The company subsequently was bought out by Mindenao Gold. Later, that company was bought out by Paneraima Gold. So a buyout or merger with a company having assets is possible. Even on the gray sheets. GBDX is not a shell company. They do have a license to export rough diamonds from Russia to the U.S. They may also have an inventory of diamonds.
My attitude is wait and see. My decision to buy or sell, even if trading on the gray sheets, will be based on published news releases.
I strongly agree with your post. The trading suspension of Global Diamond = GBDX will serve as a warning to the other Russian pink sheet and bulletin board companies that the same fate is in store for them if they do not communicate with their shareholders or provide up to date and accurate info on the company. Personally, I do look for good things to happen with NWOL. I continue to accumulate shares when funds become available.
GBDX has a valuable license to export rough diamonds from Russia to the U.S. Is anyone aware if there are any other companies that have this type of license. I am not. I don't believe the company will put the license in jeopardy. I am waiting to see if anyone has any evidence that Global Diamond has diluted the public float.
A floor trader will match buys and sells once GBDX trades on the gray sheets. Short selling is not allowed. I believe the company will need to publish financial statements in order to get a market maker to agree to trade the security.
We need to look into the massive "Z" transactions which occured just prior to the suspension. It looks like this may apply to the delivery of shares to cover shorts. That's one definition I found.
Global Diamond will trade on the grey sheets once trading resumes. That is if they do nothing over the next 10 business days. That can be prevented if they come out into the open and do the necessary things.
I believe a "Z" transaction or sale can also mean "the transfer from the lender of stock to the person making the short." NY Times query. This is probably the correct definition because the "Z" transactions for GBDX are being discarded for technical analysis purposes. A/D line going bananas today.
The A/D line is vertical and up. There is no other time period over the past two years that that this indicator has been so positive. All buys so far tonight. Let's hope this is the real McCoy.
All the buys are being filled at .0005. The sells appear to be all "Z" trades. There does not appear to be any retail sells today. Look at the A/D line. It is in a vertical direction up no matter what time frame you use. I don't believe "Z" trades are used for the A/D line.
Plot the A/D line over 3 months. The A/D line is identical for May 08 and now. The "sells" for the past week do not appear to be reflected in the A/D line. Why?
When did the rumor get started that Alrosa is Sib Almaz? I would like to see some discussion on this.
Excellent video series on China's demand for oil. This is why I continue to buy shares of NWOL as funds become available.
Chemotherapy can be used to treat cancer in a dog. This is especially effective where a dog has a type of cancer that surgery cannot correct. Spaying a female dog can prevent her from developing cancer. Are there going to be any side businesses at the cancer treatment center. i.e. dog kennel for stray dogs? What is the main business of ABV Gold going to be. Prospecting for gold or treating dogs that have cancer?
The A/D line, CMF, and MFI are becoming increasingly more bullish as each day passes. The outcome is the same using different time frames. The divergence between the share price and technical trend could not be more absolute. For whatever reasons, the recent "sells" do not appear to be reflected in the above indicators. Were these "sells" done outside of normal channels where they would not get picked up. i.e. directly from Sib Almaz and company to certain market makers who were naked short about 200 million shares. It looks like only the buys are reflected in the technical indicators which would have been legitimate buys. We need some guidance from the technicians out there.
Willy Wizard has stated in his newsletter that nothing came of the deposition before the SEC. He has purchased about 18 million shares of GBDX. To date, he states he has not sold any of them.
It looks like the selling has died out. I go back to my original thoughts that the selling was done by Sib Almaz and co. to the market makers to cover a naked short position they were in as a result of the imbalance in their accounts caused by the last run. Their actual naked short position was a little higher than the 150 million shares I thought they were short. It appears that Sib Almaz let them off the hook.
I believe the SEC scrutiny started September of 2007. It had to do with scrutiny of Jeff Torino and one or more employee's of the predecessor company. Apparently, nothing came of it. Otherwise, we would have heard something many months ago. Willy Wizard a/k/a Hal Engel has written much about the predecessor days.
Global Diamond has been under SEC scrutiny for six or so months. The SEC would have taken action against GBDX had any published PR's contained mistatements or outright lies. This is assurance to me that the PR's are basically accurate. My sole reason for investing in this company is to see what T/O is offered to the shareholders upon GBDX's exit from the public markets.
I am waiting for a tender offer from GBDX for my shares. Yesterday, it looked like Sib Almaz was selling shares to the market makers to help them square up their inventory. Today, I changed my mind when it looked to me that what has happened is programmed short selling by a hedge fund. No other explanation seems to fit what has happened over the past several days.