Loofman is out makin' Jugs!
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Down 18% on nearly 35mil vol. - looks like 90% buys
someone trying to tell us something? I know my buy was shown as
red.
oh the games the children play, will someday fade away...
Loofman
Y'all want to know how many of them uraniums I bot?
Well, my missus, Tessi May told me I ought to bring all them uraniums indoors, cause hows much they smells good. Sho got warm in thar though. Can't see much now neither.
I'm a thinkin I'ma gonna need to give ol Russell a new name though. He's a been smellin the uraniums too much. I'ma thinkin ol Yeller would be a goodin.
Loofman
I guess another more simplified way to look at the potential stock price could be this...
the price has held mostly in the .0008 - .0011 range for the past few weeks. I am assuming that most folks who bought in during the previous momos are out other than a few bagholders. I would assume, there have been a number of folks buying positions in the above price range, and I would guess most penny players don't put more than an average of $1k on a penny stock. So, let's say there are 150 investors who have been making positions at around .001 average, a few long bagholders who are averaged in around let's say .003, and maybe a few believers that are willing to hold strong for a year or so. With all this in mind, if a PR or event comes along that motivates buying and you have a 150 investors sitting on the sideline ave. in a .001, and let's say they are looking for at least a 50% flip, how far is the share price going to go? How long is it going to stay there? IMO, RSDS is going to need ALOT of dedicated investors to hang in there past the .0015 - .002 range.
Mr. Berman is going to need to get that 504 done and announced quickly and needs to sell a whole lot of them uraniums too, imo.
Looking forward to those 300,000,000 share days.
jmo,
Loofman
Well makes you might be right, but it's all going to depend on the churn, imo. The past year history here shows, that for every up cycle there has been an equal or less equal down cycle, and that has to do with a few different variables. Mostly due to the lack of long shareholders, imo, and influenced greatly due to the flippers,imo. It doesn't take too many momos to squash a stock and to reduce investor confidence, regardless of what's in the pipeline, imo. Here's looking toward the pipeline and the hope I'm not alone here on the long side.
jmo,
Loofman
Totally my own conjecture here...
but I did a little thinking about price and selling based on what I've observed with the last few mini movements of RSDS.
As for a buy in point, it seems like .0008 - .001 has been the mark. Now as for selling the following is my guestimate for different scenarios...
1. ave. sell target of .0013 probably need to see a 275,000,000+ day with no news. Price of .0013 may hold up for less than one day without support before it falls back under .001 without further support.
2. ave. sell target of .0021 probably need to see a 350,000,000+ vol. day with soft PR. Price may hold for a day or two, before settling back to .001 - .0011.
3. ave. sell target of .003+, probable need to see a couple of 350,000,000 vol. days with the support of strong pr where price may hold above .003 for 2-3 days before slowly retracing back into the mid .001's.
4. ave. sell target of .01, probably need to see a couple of weeks of sustained volume proceeded by solid buying, strategic and meaninful prs including one about the end of the 504. I would guess we might need to have 2 - 3 bil shares scooped up and held going into such an event, and the .01 price might hold up for 2-3 days max. before retracing back into the mid .002's at best. Retrace may take a week or two.
all my conjecture, opinion and thinking. No other supportive formulation other than close observation of history of stocks like RSDS.
If RSDS states as fact proven significant reserves of ore beyond what is already known and shows the potential to put money in to growing the company without dilution, or through producing revenues, the above means nothing.
Loofman
Ladies and Gentlemen...
does it appear that the ground is firming? Is the s/p now steady as she goes? Will there be more buyers than sellers? When the buyers come, what will be their expectation? 10%, 50%, 100% 200% 500% ?????
I suppose it depends on how firm the ground really is.
Just how hard is Uranium? I think I know and I think she'll go...just as soon as you and she are ready!
jmo,
Loofman
maritime, yes I know the background about this...
I was being a bit tounge and cheek to that post.
I also realize that Mr. Berman has a full time position as an adminstrator of a Methodist Church Home facility, which is a very honorable job in itself.
I know of many part time CEO's who work with or start up small companys. I play golf with a few. It is definitely not an uncommon occurance.
JMO,
Loofman
aclark, thanks...you just did it for me. lol
Thanks NYBob...
I have firefox too, but no problem. Maybe you should see about a version update.
g/l to us here. It may take some time to get to the type of s/p I am thinking of, but with these pennies, you just never know.
jmo,
Loofman
(repost)RSDS Asset Valuation -- .115 from a layman's perspective...
The following valuation is based purely from semi-educated projections, using the geo information released in a previous PR by the company. Using the original 54 mining claims, and the minimum valuation given in this report, those claims, based on today's Uranium price of $113 lb. are worth $61,020,000.
In the same PR, Mr. Berman stated,
"The Company is being encouraged to further testing which will require costly extensive mining, sampling and testing. "We are encouraged with the preliminary reports and will evaluate our options over the next 90 days,"
I would assume that during the 90 day period of evaluation, the value of these claims must of had basis, as the company proceeded to confirm their value by purchasing another 150 claims in the same geographic area and also announced the commencement of mining to begin in May. To me this was a defining and very strong comfirment by Mr. Berman.
So with this knowledge, I am making an educated guestimate to determine a total value of the 204 mining claims baased on the value of the first 54 claims and knowing the addtional 150 claims are in close proximity to the original claims.
My guestimate:
1. Original 54 claims valued @ $61,020,000
2. $61,020,000 / 54 = an ave. of $1,130,000 per claim
3. $1,130,000 ave. per claim x 204 claims = $230,520,000 tot. claim value.
4. $230,520,000 tot. claim value / 50% discount to the market for sale potential = $115,260,000
5. $115,260,000 / 1,000,000,000 shares (guestimated final tally before 504 completion) = .115 cents per share.
IMO, with what is known, I think this is a good guestimate of value.
.115
So do I think RSDS is a strong buy? lol thank goodness I's got me sum mo Old Loofman Pure Kentucky Korn Licker to sell, so I's can git me sum more of them urnaniums!
jmo,
Loofman
OT - You're a good one too Dak...
It's probably the hardest job of all jobs in the world. I take my hat off to anyone who works as a caregiver, in the home or at a care facility. These fine people do not get paid anywhere enough for the challenges they face and the work they do. You know there is a God when you meet such people.
jmo,
Loofman
OT - That is yer average everyday RSDS shareholder, holding a tumbler full of Old Loofman's Pure Kentucky Korn Licker. I'm actually much better looking than Elvis, and more talented too.
Look for Old Loofman to be sponserin the Kentucky Derby next year instead of YUM!
Loofman
BTW, this is a follow up to the post about looking in the windows...all tounge in cheek for anyone who took me seriously. Who drives into a gated community to do dd for a stock? I guess some do.
jmo,
Loofman
alice, God speed to you and your family. I have all too recently been through this and know the demands and the strength it takes to be there for your loved ones. God does work in mysterious ways...
Loofman
gmack, were you able to go up the the windows and look in? Did you see anything? How about in back...did you check the back door to see if it was left open. I've heard that many home businesses use a separate door for tax purposes. If you get a chance to go back later tonight, you might be able to see more inside if there are any lights on in the house. Any dd you could share would be greatly appreciated. TIA
Loofman
giant, et al,
thanks for the nice compliments, but alot of the really hard dd work is done by so many others here like Righty and JohnIraq. Thankfully, I like to draw and color pictures. lol Also, I did have to learn how to figure out how to read a map. Don't tell my wife. lol
Thanks also go to the state of Utah for having the mining map available to expand upon.
When you put your faith and hard earned money into an investment, I think it's really important to do the extra dd and share what you can when it comes to a company like Russell Industries. So far, imo, things are looking pretty good here. Good luck to all.
Loofman
Updated Claims area map
I was able to determine the Rage Claims relative location which are a fairly large group of the claims. This map is unofficial and has not been approved by the company yet. I believe I am zeroing in though. The map should give everyone a relatively reasonable look at the area that many of the claims are in.
Loofman
Update claim area reference map
cyan colored boxes show where mill area and general area of claims. The red X shows one of the areas where Russell has 3 claims for reference. Sorry, not enough time to highlight each individual claim, etc.
Here is a close up detail of the state of Utah map I borrowed from their site. I've blown it up and highlighted the mill and claims area.
Here is a link to Utah maps page...
There is an excellent map showing Uranium and vandium here...
Map code = M-215DM
http://geology.utah.gov/maps/georesmap/index.htm
They area Russell claims are in are in the San Juan County area near Monticello. Looks to be very uranium and vandium rich!
jmo,
Loofman
State of Utah mining link...
http://ogm.utah.gov/mining/default.htm
White Mesa mill
International Uranium Corp.received a renewed license for continued operation of its White Mesa mill, Utah on May 9, 1997.
The ore produced at IUC's Sunday Mine Complex will be stockpiled at the White Mesa Mill until mid 1998 when the mill's current alternate feed run will be completed. The mill has been processing alternate feed sources since June 1997, and by mid 1998 will have produced 725,000 pounds of uranium and several hundred thousand pounds of tantalum/niobium concentrates. The mill will then switch over to processing mined ore. (IUC Dec. 8, 1997)
http://www.wise-uranium.org/upusa.html
Interesting article...read to the end...
note the part about substantial ore being deep.
http://www.onlineutah.com/uraniumhistory.shtml
jmo,
Loofman
This is very interesting. Note the location in the PR...
FP Trading Desk
SXR Uranium's recent purchase signals U.S. push, Raymond James lists potential acquisition targets
The closing of SXR Uranium One Inc.’s (SXR/TSX) purchase of the Shootaring Canyon Mill in Utah could be a sign of things to come.
Bart Jaworski thinks the company’s U.S. push will intensify in coming months, with Strathmore Minerals (STM-V/TSX), Ur-Energy (URE/TSX) and Energy Metals Corp. (EMC/TSX) all considered attractive takeout candidates by the Raymond James analyst.
He has a “strong buy” rating on SXR shares and a $21.25 price target.
Under the terms of SXR’s purchase, the company issued 6,607,605 shares as partial payment, which are worth US$50-million at roughly $8.50 per share, Mr. Jaworski said in a note to clients.
An additional US$20-million is contingent on the mill reaching commercial production, while US$7.5-million more will come when the mill makes its first delivery. U.S. Enery Corp. (USEG/NASD) will also get a 5% royalty on gross proceeds to a maximum of US$12.5-million.
SXR receives a 38,763 acres land package of prospective uranium concession and a database of geological information for a five-mile zone surrounding the property.
Link to this | E-mail this | Digg this | Post to del.icio.us
Published Friday, May 04, 2007 9:48 AM by Jonathan Ratner
Filed under: Uranium, mining, SXR
I have to say the new dingy is a big improvement!
jmo,
Loofman
OT: Thanks Builder...
I hope you are having a nice weekend. Enjoying Derby day here.
Thanks for the mark.
Loofman
OT: Not trying to confuse anyone here...
but I just found my original user name and password from a number of years ago for ihub. I used to read the various boards religiously, but then my Dad had a severe stroke just after my Mom passed away from cancer and in the process of moving their stuff, helping him for more than 3 years and getting my life back together, lost touch with the hub and forgot where I put my password and user name. I was going through old boxes and found it tonight of all places on a slip of paper marking a page in an old bible.
So, to make a too long story short, I entered the name and password to see if it still worked, and I found where I am still registered and grandfathered in. Wish I had know that a few months ago, I could of saved a few bucks, and I just paid for 3 more. Oh well, it's going to a good cause. LOL
sorry for the long OT post...
TekNuLoof = Loofman
Hi All
I do believe we have seen the beginning and possibly the end of a squeezing of the shorts. It is obvious by the PR, brokerages in Canada are targeted, and I do believe I have heard an underlying theme that there might be some shorting of NUTK for the past couple of years. Today, it seems quite apparent. I wonder if the stock will regroup tomorrow and finish off what they started. This is my first inclination as to what is going on.
My second inclination looks at this as a possible momentum play intitiated by a group. The stock had based out around .04 cents and remained steady, ripe for a group to play a hand at running it a bit. If this is the case, maybe we'll see a little more upside before it falls off. Lebed is top on my list of groups.
My third inclination and least likely is there is inside buying going on. It is possible, the company insiders might be buying some shares in the event of some news event. I don' think so though.
Looking forward to the days ahead. I remain fully invested with more shares than ever. I continue to accumulate.
Doc, for every buy there must be a sell. So when you say the buying is heavier than the selling, that cannot be possible, unless they MM's are selling shares they don't have! hmmmmmmmmm....
I'll check in here from time to time.
Good luck to you all with NUTK! I hope you all make a nice profit one day.
Loof
I hate the RB and what it has done...
I can't even post there. I keep getting messages like "I'm not a member of this forum, please sign up," or "please verify your email address" and when I do, it tells me I'm already signed up, invalid response. LOL
I'm sort of still around. Hope everyone had a nice holiday. I'm keeping my fingers crossed we will begin hearing some solid news from NUTK in the near future.
Sometime the silence is golden.
Loofman
Happy Holidays Mr. Byrd! Miss the Pecan Tree that used to be next to my front door when I live down there in your parts. Now I have to make my Famous Loofman Holiday Pecan Pies with year old packaged Pecans from S. Carolina. :(
All the best to you and your family and may you have a happy New Year!
Loofman
OK, I'm a posting here again...
but, I'm getting use to RB's lousy new format.
Here's an exclusive Ihub prediction.
I say NuTek secures a big contract for TekPlate in the next 2 months. No inside info here, just reading between the lines.
I also predict a very positive 4th quarter and quite possibly 2001 ending up in the green. I'll guess NuTek might make $150,000 in 2001.
Now, somebody tell those who have money, and are looking for a investment with some potential to start placing their bets.
TekLoof
I'm happy and I want more TekPlates...
Working on the new packaging and Commercials today.
I sense a nice steady climb in the share price over the next 3 months as TekPlates and NuTek Oil lead the way.
I'll venture this guess...
TekPlate will sell more than 500k units by Christmas. At $4 profit per unit, that means $2,000,000 profit to the bottom line.
Share price guess...
8-31-01 = .17 x .20
9-30-01 = .22 x .24
10-31-01 = .26 x .275
11-30-01 = .36 x .39
12-31-01 = .44 x .48
JMH0, FWIW...
Loofman
Maybe I should become this boards antagonist. Every board needs one, don't you think? I hope this turns out to be the new Utopia for NuTekWorld. Until then, I will try and pop in and contribute what I can.
FYI. I have been tending to my father the past week. I have been with my father since Sunday. He went into the hospital to have elective surgery. It did not go well, as he suffered a severe stroke during the procedure. I had a little time to post on the RB yesterday, but I will not be around much in the near future. I did not post this on the RB, as I did not really want it to be a topic for discussion. This is a difficult time for my family and I as we just past the 1st anniversary of my mother's passing July 6th. July is not a good month in my book.
Good luck with this new forum, I like the interface.
TekNuLoof(man)