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Looks like Gulf Resources turned into just another POS, disappointing.
Gulf Resources Announces Conference Call To Discuss Third Quarter 2011 Results
Should this be taken as a good sign or the opposite? I see other companies doing the same thing but I'm not sure what to think of it today.
Good call bUrRpPPP! I was hoping for a little more at closing but still satisfied with the days trading.
Will we see a little end of the day rally? I'm thinking so.
Very nice gain this morning, would like to see a green close today.
This morning's spike up has me a little puzzled. Why? Not that I don't like it but it makes me nervous when I don't see any news to drive it up like it is doing this morning. I still work for a living and must leave in a few minutes. Oh well I'm long on GURE anyway.
Is anyone still watching this company? I believe we will see a nice gain from the current level but with the market and economic situation as it is, this may be a rough ride.
I guess I'm lucky, at $2.24 I would break even. I'm not planning on breaking even anytime soon or at all for that matter.
Will the corporation fire the BOD now? Could we see the right thing become a reality without Lopez and company in charge or is it too late for that?
As far as a rock crusher goes, they are feeding the uninformed a bunch of crap as usual. I spent many of my younger years working in the crushed rock business. It would be a simple and reasonably inexpensive thing to move in the equipment they need to get the job done. It boils down to the fact that they are liars and crooks, nothing more than that.
You are right ohgeez about the runups. I was watching them too but I didn't take advantage of them due to being too busy driving an 18 wheeler, you know to busy working to make any money.
Even though we think uhlmant is wrong about the bullish signal that doesn't mean we can't cheer him (?) on. I mean who would complain if we see some real upward momentum? But then again we have seen this time and again with our beloved POS.
What are they tweeking? The mine or the shareholders? eom
I am not sinking one more penny into the company until something truly positive happens. Trying to guess the bottom at this point is a huge gamble.
Would you two get a room please?
HHHMMMM a new motor on the ball mill. It strikes me as a good sign that our company purchased a new more cost efficient motor for the ball mill when the old one seemed to be working fine. I mean if our company was in such poor shape as we are led to believe from certain ones posting here then we could not afford a new expensive motor when the old one was in working condition. I am a little curious about the amperage draw of the ball mill when operating at maximum out put. When I worked in crushed rock we had one machine with a 300 horse motor that was the main amp draw we used to gauge the feeding of the plant. It was as I said 300 horse power and we ran it at 375 to 400 amps. I cannot see a ball mill pulling much more than 200 or so amps at maximum. I like the idea of a new more cost efficient motor for the main machine in our new mill. GO UNICO!!!!!!
Thank you Charlie Strangle!!!!!
The Dems think they have found the goose that lays the golden egg (again) and have decided to kill it to make it pay it's fair share.
What a bunch of idiots.
I believe the day is coming when we will look back at the sub penny shares we picked up and think "man oh man would I love to get my hands on more at those prices again".
MY favorite part of this mornings PR is " We look forward to completion of the remaining reconstruction work at the site so that processing operations can be initiated at the mill and processing facility." Sounds like they are saying that mill operation is just around the corner.
He did it by funding the day to day operation of the rebuilding process of the mill, ok we never like dilution but they did things right. Start-up is just around the corner (dilution appears over) with money coming into the coffers. It's inevitable! The low price has allowed me and others to price average down so my loss at the current price is much lower than if I wasn't able to bring my average down so low. I transfered more money into my account today, we'll see if the price stays low enough for me to get more shares at the current low low price but hey, if it takes off Monday and I have to pay a higher price when my money has cleared then thats good too. It's all good at this point. ALL GOOD!!!
It seems obvious to me that management has done an excellent job. It seems they have timed the dillution against progress on the mill and mine very well. We WILL see operations of the mill and mine very soon with profits coming in and pps taking off. Go ahead bashers and tear my comment apart, it makes no difference, what is done is done and and it has been done well.
I say everyone meets for a salmon fishing week in Alaska next spring.
The obvious manipulation is something to see. I don't see how it can continue too much longer with the upward pressure on the pps. We will see though.
The Pr that contained the comment about ongoing mining activity was released about one month ago. Im not sure when, and it was simply a side point in the PR and not any major announcement. It was referring to new ore being mined and not to old tailings. I will see if I can find the PR I have in mind.
Is there a way to determine if those small fills are partial fills or small orders to manipulate? I don't know of a way to determine that for certain.
Of course it is either manipulation or could it simply be that since all trades are done by computer that there were that many shares from partially filled orders that were later filled at the lower bid at that low price just to complete the order. It's one or the other. I'm leaning towards manipulation.
Another point that seems to have been ignored is that in a past PR, it was stated that mining operations have in fact been continued on a limited basis during the rebuilding of the mill and that there is approximately 2000 tons of NEW ore to be milled. I know I read that in a recent PR but it seems to have been lost on everyone.
"The only fundamental thing that I am noticing is as an investor I hope the company is just as focused on the minerals potential and locations as they are on infrastructure for that will not be of much value if little is found. Got my fingers crossed."
That is a valid point although I do not believe it's the end of the story either. I do believe that it has been stated by the company in the past that the mill will be used to process ore from other mining operations that need the services of a mill. I know that is not what we are all waiting for but even without viable ore from the DT ( I believe there will be good quality ore from the DT to be milled) there should still be work for the mill.
DownWithPumpers you are one of the lame ones for sure. That $50,136,550.00 is accumulated debt. The defenition of accumulated debt is as follows. "Earnings not paid out as dividends but instead reinvested in the core business or used to pay off debt". Nice try lameo!!
End Of Message............as in .......um .........end of the message. When someone puts that at the end then you know thats all there is without opening that message.
Yep, they want lots of shares at .0018 but it doesn't look like they are getting many at that price.
Joanie, I don't think that an announcement of a start up date certain will do a thing for the pps. The announcement of a certain date for finalizing the paperwork to close the deal on the mine was worth exactly squat. Startup date announcement will be the same. Now actual startup, thats a horse of a different color, or at least it should be. What color would you like? gold or green?
The obvious manipulation holding the price level or driving it down on positive news gets old fast. Oh Well what can we do but............. BUY MORE!!!!
Thanks for the DD mises. That looks good.
SS.....DD
I'm thinking of buying more at this price. That would average me down to .0055..................HHHHHHHHHHHHMMMMMMMMMM do I or don't I?
I keep telling my son to buy a bunch. He's not in the market YET but I keep on him and I think soon I will get him to take the plunge. He is investment minded but being a single young man, well he needs a little more encouragement. I am determined to make him a UCOI shareholder soon.
I'll see your 50D/MA and raise you one substantial news release. If news (something more than more reports of continued work on the mill) comes out then "To the moon Alice!".