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Sangold up on no news today, 64.20% with 131,786 shares traded today. RC
SP, thanks for the list, I have one thing to add. Blasutti might have done well for his peoples best interest but he used our money to screw us. RC
Eik, yea I guess i,m with you folks, I can,t seem to get that sour feeling out of my gut meaning the lastest slap from them (1/3 of our shares for a shut down mine with zip for reserves, millions of dollars of dept and tons of options for having screwed us).
Damn shame, RC
Thanks SP, we,re on the same page. My question was is there even one director worthy of my vote, it would be a shame if one of these guys supported us only to receive a hell no from me. RC
Received my voting inst. form today. I,m voting hell no on the shareholder rights plan, please God let somebody take this company away from those that are destroying us.
My question is, does anyone know of even one of the board of directors that might deserve a vote from the retail shareholders?
$1.90 sure sounds good to me, come on HECLA try again. RC
I,m not sure i have the answears your looking for, very little time cuz of my caregiver status (Ill wife). I,ll try to fill in some blanks on CDE and you can compare to USG, you will see many similarites.
Wheeler was CEO 1986-2011, Pres. 2003-2011, Consultant since 2011 and now Chairman of the board.
Going by memmory I owned CDE from 2002 untill 2007. The stock price stayed in the $1.50 to $4.00 area. While others I owned like GLG, NXG, WHT, GG had mostly decent to great gains. In May of 2009 CDE had a 1 for 10 stock split I think about $1.40 to $14.00 and from 686m to 68.6 m shares (89.9 mil. shares now). As I recall during the years I owned it we went thru financings, warrants, options, you name it. every time it looked like nows the time man. seemed to knock us down.
Look at what the presplit price in 2002 was and is now, $1-2 then and now $1.70 area. I see many similarites to our little USG maybe you will to.
If you need more history of CDE, google Wheeler ceo of CDE you,ll even see my last post there (have no idea how that happened).
Thanks for the work yor doing for us little guys. RC
Southpen,
Wheeler was the CEO of CDE, he ran the company to fill the pockets of the board of directors and management much in the same manner that is happening to USG. I never thought I would ever see the retail investors ripped off in this manner again, man I was wromg. At this point in time cuz i don,t trust those ripoff AH,s this in only my opinion. I,m very sure others on this board know of what I speak. RC
Southpen, welcome to the land of Wheeler/CDE, I put up with it for about 5 years. To sum it up, "we,ve been had". RC
Downside, Well put and thanks for the update. I held CDE from about 2005 to 2009 and made a few thou but i,ve never been more frustrated with miner. Everything was in place for great gains only to be given away via options to insiders and dilution. This same thing seems to be happening right now to USG, I sure hope i,m wrong cuz this thing should explode up. RC
In your last post I see the name Dennis Wheeler, I beleive he is the same Wheeler that was the past CEO of CDE. IMHO he,s the worst CEO that ever ran a miner, he ran CDE into the ground for many years much in the same way as USGIF has been stepped on for the last 1 1/2 years. God help us if he has a toe hold on or in this co. RC
Somehow IHUB is becoming Yahooy, why not look into decisions made by USGIF board, LIKE undeserved stock optins, tne crappy merg or the miss direction of the HL offer. RC
ABC
On the plus side an updated PEI and 43-101 should be out soon plus shaft is completed to 600 meters. On the neg. side a first nation tribe is trying to muscle a few bucks out of them.
I,ve been in this one since F2 was discovered, bot first shares under a dollar, it,s been a frustrating ride, if they decide to start up with shaft as is they should be in production later this year or first qtr, 2014. Some talk of going 300 more meters on shaft which will add 3 to 6 months. RC
Hiding with head stuck in the sand, it,s much safer that way. RC
Budsk8,
I wonder why USG didn,t mention this and what this really means for the stock price.
To me this co. is really starting to look like CDE under Wheelers hand 7-8 years ago. I hope this isn,t the case but right now this really sucks. RC
Scottrade now has USIGF listed, 2.186 up +.108 cents. RC
Good question, I guess everyone,s just waiting for news/info as usual. Rod McEwen formally of GG, RBY and now MUX wrote the book on how to run and promote a mining co., USSIF could learn form him.
My last post yesterday looks to have shut the board down, sorry about that. RC
I voted no to all of the BOD,s. I might have voted in favor cuz I like the merg but dislike what,s happened this last year or so, the same thing has happened to RBY, meaning lack of board backing the retail investor. RC
It looks to me another screw up has been made, I and many others voted their shares before this mergger was announced. I have to ask why were the proxies sent out prior to this announcement. RC
I was about to post that Scottrade shows 6,600 shares traded with a AG increase of $1.20, that really stinks. RC
If the company has a case to make they forgot us retail folks as usual, I voted hell no for the BOD three days ago. RC
Ron, I chekhed YAHOO board and found all is well, some posts were made today. RC
OK, April fools day was yesrerday, am i having a senior moment? My screen shows top100prospect is now bullionnation with the same doggy logo, i think i,ll go back to bed. RC
RBY just received the taking of water and sewage permit and are now 100% permitted and fully funded to finish building our mine. RC
Hi Bamaboy,
Thanks for the reply, the point i,m trying yo make is why the source of CGR attacks are coming the from moderator level of IHUB. I would think being part of admin would keep them from this kind of bashing.
For what it,s worth I spend most of my MB time on IHUB USSIF board and IV Precious Metal board mostly as a lurker.
Take care, RC
Click on the aliases of our two new CGR saviors, I am puzzled at what I see.
Poster A--Boards moderated 14
Followed by 209
4,646 posts
Assistance moderator CGR
Poster B--boards moderated 12
16,950 posts
The big question is why this sudden influx of posts to save us from the coming failure of CGR. RC
YAHOO has arrived here at IHUB, so much for having a moderator. RC
Thought of the day, if your bummed out with the hammering of silver yesterday the close on 2-22 was $34.26 right now it,s $35.03 and climbing. Hey, we fell back 5 days and USSIF is holding at $2.55 plus. I,ve got a smile on my face. RC
Hi RTYOUNG,
Thanks, very well explained. All day scottrade was doing good with new/old name and of course at close----N/A-N/A-0.00-N/A. Those who use another broker please pray for us lost souls. RC
DD, I noticed that also, back to USSIF with numbers now. RC
Firecracker,
I am wondering if the AMEX might have a restriction on share buybacks during the twenty day period to assure the company can stand on their own. Anyone have thoughts on this? RC
Thanks DrBill,
I know your right regarding Scottrade, I just can,t pull the trigger at this time because of my personel situation, my head is elseware.
Many thanks, RC
Hi RT99,
I just E-mailed Scottrade with the usual questions but also asked if they are having any serious problems that clients have a right to know of. Stopped just short of asking if MF Gobal type event is in progress.
I haven,t had time or head on straight enough to have face to face with them due to wifes health. I do appreciate all the efforts that the posters here have put forth.
Frustrated, RC
DeeDog,
I,m with you, USS Galveston CLG-3, USS Dixie AD-14 and USS columbus CG-12, 1962 thru Dec. 1966. RC
I,ve had the same problem with Scottrade until yesterday, I put a bid in at .42 and got filled at .413 with GTC, it took about two minutes. It was only for a few thousand but I didn,t have to wait for hours. RC
Retiredyoung, you and Mont. have nailed it. I would only add that one should have 6-12 months of food supplies and the means to keep it if the SHTF happens big time. Pellet guns are not what I have in mind.
I think back when I was a in the USN and then worked for the DOD, it was my country right or wrong, now myself and most friends are afraid of our goverment and what has happened to our county.
Damm shame, RC
Retiredyoung,
Curiously, I see no tears on any of the faces of the employees arriving for work. RC
Retiredyoung99,
Yes there are lives behind our aliases and a thanks for the kind words and thoughts. We,ve been married for 44 years now and still like each other.
I,m hopping the big longs like stupid-1, top prospect and many others hang on. Barring a metals crash USSIF is a very good bet. Look at the long suffering RBY holders, dead money for a few years now but I can see what is laying at rainbows end.
Anyway, best to all out there 2012 will be a much better year.
RCGOLD44
Hi Retiredyoung,
Yes I,ve mostly lurked here on IHUB and IV boards, USSIF, NXG, GG, RBY, SGR, Prescious metal and now AUQ boards. As I recall here on IHUB NY Bob and James did most of the posting.
I have,t done much posting with the wife having a life fight with lung cancer and other things but I,m almost always reading the posts.
Stupid 1/Silverbug, hang in there the FAT LADY will be singing in 2012. Myself I,ve been playing some swing trades with USSIF with good success.
Luck to you folks, RC
Stupid-1,
Whats with the name change? Rcgold
All hell could break loose by mid of next week. Looking for results of 2 tons of bulk samples, PEA, updated 43-101, drilling updates, permiting progress and who the heck knows what else.
If the PM market holds until reports come out we could see a two buck jump. I,m hopeing to see an increase each day like what happens prior to very good news release.
Right now because of the wackey news blackout I,d even hope to see a $9 to $11 buyout offer.
LOL, RCGOLD