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.
company does not report its financials
to the public. how shady can you get ?
is that not important ?
just be aware, big trades are not exchanged publicly.
40% of stock market activity does not take place on
a public exchange. it never gets printed on a chart.
http://www.nytimes.com/2013/04/01/business/as-market-heats-up-trading-slips-into-shadows.html
that is correct, i misread, as sometimes happens
on a monitor. do you know the % of Bokoni revs
ATL receives ?
gotta like UVXY here
Spot Vix very cheap - has been a long time -
so that means UVXY/VXX paid next to nothing -
gains could be very significant.
disclosure: long.
I am huge on FAZ & UVXY heading into Easter.
umm, why did someone buy 20k shares today ?
::cue twilight zone::
months ago i believed North Bay would fall down
and it did.. but watching it wallow it kind of went
off my radar.. so congrats to those who held.
ORFG may be starting and it's only .01.. but they
appear to have a very long way to go, almost just
the idea of one man at this point, with some history
in the region, but he's supposedly got a strong
reputation..
another interesting story over at Armistice
which recent deals (see 2/27 news) suggest
anything under .10 is good entry.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86190848
I am surprised this company is still making
real headway toward their goals and acquiring
Kerr-Addison. There is recent news. Same person
running the show. Not a scammer. Very legit.
http://www.armistice.ca/News%20and%20Events.html
p.s. I started following this one when it first
started in 1996, unreal that's 17 years ago !
I had the magazine-style investment brochure.
Don't think I still have it. Anyway recent
news suggests value at .10 or less and perhaps
after 17 years it may be close to time to buy.
Garth. wouldn't surprise me. (if it's not over).
this has been a long time coming
and sure places the stock poised for
further upside.. although there will be
upside it may be somewhat limited by
Anglo who owns a controlling interest.
they may be satisfied by that, and of
course won't step on too many black toes,
so any full takeover might never happen.
tiny float as poster below said, however
555m o/s does cap some upside without
substantial price appreciation for spot Pt.
Interesting news today about a Russia/South Africa
"opec" for the platinum markets, a new "cartel"
is being proposed which could dominate supply,
hence fix prices upward.
here is a link concerning this.
http://blogs.marketwatch.com/thetell/2013/03/27/russia-south-africa-plan-opec-type-cartel-for-platinum-and-palladium-report/
Orofino Gold Chairman Dr. Hans Bocker Outlines Company Focus On Colombian Mining Assets
Orofino Gold Corp (PN) (USOTC:ORFG)
Today : Wednesday 27 March 2013
LAS VEGAS, NV, March 27, 2013 /PRNewswire/ - Orofino Gold Corp. ("Orofino" or the "Company") (OTCQB:ORFG.PK) Chairman Dr. Hans J. Bocker is pleased to provide this update outlining the Company's focus on Colombian mining assets.
"Our experience with Colombia indicates a growing economy with a rich natural resource environment," stated Dr. Hans Bocker, Chairman of Orofino Gold. "We believe Colombia has the potential to become one of the world's most prospective gold mining regions. We anticipate our focus on creating cash-generating partnerships with local Artisanal miners will help strengthen social policies and expand opportunities to more of Colombia's population."
Dr. Bocker continues: "After spending many days in the Sur de Bolivar region of Colombia and specifically at La Azul (Estrella Mine) it became obvious that these miners and their families needed some financial support and modern machinery to complement their industrious zest and hard work. It is Orofino Gold Corp's mandate to support the social and economic well being of these people and to work toward a modern mining complex that shares a common goal for a better way where social well being and a stake in the future become an integral part of life. If indeed there is a hidden porphyry gold system under this area, as some believe, it will be shared by all stakeholders." Orofino Gold Corp. leading the way by following what is just and proper."
Dr. Hans J. Bocker is an internationally recognized gold expert and academic. His recently published book "Freedom through Gold" has sold out in several languages. Dr. Bocker's organizational and logistical expertise includes production and operational management, cross-cultural and international management, purchasing and procurement, transportation and logistics, quality, safety and loss control. In addition, Dr. Bocker provides leadership training for executives and is a well-published journalist with over 2000 publications.
Orofino's corporate objective is to build shareholder value through the exploration and development of the Senderos de Oro Gold Camp and other potentially accretive acquisitions by capitalizing on the experience and industry relationships management has developed over the past 25 years. Orofino expects to add new technical and financial expertise to its roster as the Company advances its strategic production and cash flow plan. Orofino will announce these additions as they develop and are consummated by the Board of Directors.
Orofino Gold is a Colombian-based gold exploration company initially founded in 2009 as a private corporation by executives with over 50 years of collective experience in mining exploration, finance and development.
For More Information please visit the Orofino Gold website at: www.orofinogoldcorp.com
Forward-Looking Statements: The statements by our officers, and other statements regarding optimism related to the business, expanding exploration and development activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company's business. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere. The forward-looking statements contained in this press release speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.
SOURCE Orofino Gold Corp.
Copyright 2013 PR Newswire
crazy chart with some interesting buy action
NBRI waking up. SPAG quirky buying.
ORFG press release.
Rye Patch, Victoria, Kaminak, Atac
KMKGF and ATADF have been stiffening lately.
probably wise buys here.
cheap @ .13
less than its equipment value
or so i have heard.
this market will pullback and soon.
natural profit taking with Spring here,
lots of gains to be kept and booked.
even the bulls know a correction is necessary.
according to the filings, RLJ Acquisition spent
approx. $120 million to acquire Acorn and Image.
What does that tell us about this current market cap ?
It could double to reach book value. Acorn was bought
at its book value.
Gives new meaning to the RLJEW warrants.
this could be big.
you just described dilution.
i told you guys this would happen.
this stock has no value.
link: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=85256258
no, I have a moral objection.
crazy stuff ! you see these giant wild
animals sticking their heads right in
the cars.
p.s. let's keep this one "on the cuff"
true. many experts believe uranium spot price
will be heading upward by May-June. The spot
price is still low. It could be 20%+ higher
by the time URZ is selling output.
http://www.uxc.com/review/uxc_Prices.aspx
anyone can write a letter of intent,
and say it was "accepted", meaning "received".
all i see is a shell co with two written
LOI's to acquire 11.5+5.6 (at least $17.1 million)
worth of property with no way to pay for it.
they have cancelled an LOI last year, even if
they get funding it will only be on the back
of the shareholder. No bank is going to issue
17.1 million in mortgage debt to a company that
has no collateral.
funny. Even to complete just the Mango deal
would be a huge hurdle. $2.5m in cash up front
and $3.1m in additional commitment. Where do
you think that will come from ? Las Olas Corp
would switch into this stock, own virtually
all of it (by merit of $2.5m), meaning you will not own it,
then issue a toxic deal to pay "itself" back
the payments. This is how it's done. The only
ones who are screwed are those who think they
can get something for nothing. And the only ones
really getting something for nothing are on the
inside.
maybe during the massive dump fest
which is coming to the mkt soon.
Would be a heck of an opportunity
to see this drop to 1.10 or less.
All you have to do is get over 5000 shs then
you may hold onto the stock if you wish.
Farkas and BoA together are over 50% ownership.
They are going dark. It makes sense from a cost
standpoint and it makes sense for their own
personal reasons. With Rothschild as the advisor,
there is the possibility that a Rothschild affiliated
company may ultimately own all this stock. There is another
possibility that BoA will own it.
I don't think Farkas will be selling at .07.
The only caveat is that the market will be thin,
the info almost non-existent, and the timeline
for ultimate takeover unknown to the shareholder.
It is still a virtual certainty to occur, however,
because CLNH isn't big enough to make it worth it
to list alone, they belong as a part of something
larger, whatever it is. CLNH is not listed to issue
stock and raise funds like most stocks at its price.
Another caveat is that Farkas could buy the shares
for some negotiated basic value to take it private
within his private corporations, in that case
there would be a negligible return for shareholders.
These are the two roads, either Farkas holds out
for a massive return on his stock, or he buys this
out for something less accretive.
no problem. good luck.
Sorry to say, but this stock is still just
as worthless as it was before. Consider:
66.5m o/s post-offering
plus 3m stock options
plus 3 mil equity incentive plan
plus .5m warrants/debentures
= 73m
above includes promissory notes.
- does not include GCASIF convertible
Bridge note. (8m shs)= 91m.
working capital
deficit 665k
cash burn at least 1.5m annual
assets 215k
debt on books 605k
possible DTI acquisition: unfunded.
Golden State:
"Our obligation to issue shares upon conversion of our convertible debentures is essentially limitless."
if 25% below market: 303.5m shs
if 50% below market: 455.6m shs
if 75% below market: 911.9m shs
holders who may sell before TSHTF:
JMJ Financial: 6.6m
GCA 8.5m
Widener 1.5m, Keen 6m.
They are funding their careers and the company
by issuing paper to parties who dump it on the
market. The market is the retail buyer. This
circle of abuse will continue into the forseeable
future.
I made a post here about a year and a half ago
predicting the massive drop in price of this stock.
It has fallen about 99% since my post.
What is the current framework of debentures ?
big news. very controversial.
But Sony has the Ray Modeler project,
360 degree, and I read an article saying
Samsung is also working on this.
3 years ago Sony was this advanced:
http://www.bing.com/search?q=sony+holographic+display&FORM=HDRSC1
don't you think global companies such as
Sony and Samsung have a better chance of
putting 3d holographic tv to market ?
it's only common sense, right ?
has broken all-time technical support
levels. no telling how far it can fall now
must spend time doing complete fundamental
analysis...
not entirely tongue-in-cheek:
They are 12 years away from Pebble approval
because Obama is on for 4 more, then you got
Hillary or Joe for 8 more. The EPA is not
going to allow Pebble Mine, Romney was their
only real hope. (imo)
hmm. $250k bought only 500k shs ?
http://www.otcmarkets.com/stock/UNMK/news/merger-and-acquisition-agreement-with-Beijing-Union-Express-Co--Ltd-?id=56895&b=y
Interesting new year's message also.
interesting two locations owned in the US
on US soil in Wisconsin and Iowa.
interesting how they explain the need
for these products being cost prohibitive
to produce and shelf in China itself.
worth watching although it's difficult to
place any trust in a Chinese headed company
even if they are operating in the US.
There are 1.3 billion shares and the co
has no money. I wouldn't worry about the
shorts, they will $.. with that kind of
wiggle room.
This co has been a dog since it was Exten,
with LaJolla pulling the reigns. Ultimately
they could have success, yes, but if they
want to be taken seriously there will be
an R/S.
true, but i been watching this for years, only
a piddly amount of shares could have been
bought in the .01's.