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Please show us the share price at the time Scott took over relative to what it is at close of today's trading session. Has the share price increased or decreased during that time period? And any idea of how many other stocks can match such results in that time period? (A: not many)
Be sure to paint an accurate and COMPLETE picture of the company's history when it comes to what Scott has done for shareholders.
Thanks.
It's all relative, mi amigo. By the same token you should feel really happy for those of us who bought in when Mr. Keevil first took over and has taken this to SUSTAINED enormous gains since that time. I'm calling that a win for SK and his supporters.
Not a lot of other stocks out there that have seen the % rise this one has in Scott's time with the company and provided the exit opportunities over the years for serious profits to be taken.
Do you have a link for where I go to express my gratitude for the hard work Scott et al. have put in since taking over several years ago?
Seems to me, based on the share price appreciation from that time until present date, that they've done one heck of a job. Based solely on percentages they have done a better job growing the value of the company than almost any big board stock in the world.
Amazing that they've been able to sustain it through what you have recently claimed to be epic dilution and less than "above board" business practices.
Entering at sub-penny a few years ago sure has paid off handsomely for me and many others who have sat patiently as our investment grew (and continues to grow) exponentially.
Appreciate your continued efforts here. Provides a wonderful platform to post a contradictory view...you know, one that uses facts and stuff.
Can't say I disagree with you. It's consolidated nicely here after a quick spike (which has historically been followed by quick drops), so I'd imagine positive news or the anticipation of such aught to give this a nice little kick in the pants.
Simply based on his tone or specifics that he gave you? From my experience over the years with Merle he typically doesn't divulge much, if anything, that hasn't been publicly issued through official channels.
Your conversations are yours to keep private if you wish, but that was a tease of a post! ha
...which aught to coincide nicely with an anticipatory run leading up to expected news. We're burning through that 60 day timetable and as that invisible "deadline" approaches, people will start to get antsy. Chart watchers and short-term traders should help to create volume which is rarely a bad thing for the share price of this stock.
It's not exactly going out on a limb to predict that we'll be sitting at a significantly higher share price this time next month. (Could see some volatility b/w then and now though.)
Honestly, it doesn't much matter what the chart shows as "resistance", save for the new investors (see: traders) who come here because of technical analysis. With the recent positive news, this is a fundamental play. And even the most devout TA guys will tell you that strong fundamentals can - and will - trump chart indicators every time.
The video charts and all that are great for putting some more eyes on this and perhaps generating more volume, no matter how "transient" those folks may be. But the "resistance" and "support" and all that is largely inconsequential when juxtaposed with the story here and the current undervalued nature of this company relative to its assets and future prospects.
Not sure to be honest with you. Could be a news leak, could be seasonal momentum, could be a technical indicator went off, could be a couple investors looking to take a sizable position.
But yes, somebody is anticipating something good happening here. Follow through buying is always the key indicator. We've seen these "pops" before and they are rarely sustained. No reason (yet) to think this move should be any different, but the optimist in me says that we are long overdue to return to a more reasonable valuation...which would mean this run is sustained.
With you on that. Holding tight until the decimal starts moving to the right.
Somebody just hit the 0.0275 ask.
Over 3.5 mil now. Ask just jumped to 0.0275. It's thinning.
Depends on your tolerance for risk.
But anyone who has half a brain in their head and can read above a 3rd grade level can see that SRSR has far more upside potential than downside risk.
Volume is actually approaching 3.5 mil.
Regardless, nice to see a volume pop.
Not BS at all. Use Questrade, no issues.
No halt in Ontario. Live there, trade there. No issues whatsoever with SRSR in the MAJORITY of Canada. One unlucky province that is still tied up in BS red tape. No impact on trading outside of that one small isolated area.
Just getting started here, SRSR fam!
We are still in the infancy of this move if history repeats itself (which it has a tendency to do)...
You're welcome. Have yourselves a nice weekend.
Here's hoping for some tasty news next week! ('cause if NI report on ST isn't "news worthy", can't wait to see what IS)
Just put in a buy order at 2c for 1000 shares and, again, it was accepted with no delay...somethin' tells me I won't be getting those shares though! ;)
Looks like trading SRSR isn't a problem for Canadian's outside of BC, unless you've got an over-cautious broker (like Bullrun seems to) who feels that BC has nation-wide jurisdiction.
I live in Ontario and have no issues trading this stock. Just to be sure things hadn't changed, I placed a sell order (well above ask as I didn't want it to actually execute) and it was accepted without delay.
Absolutely.
I am by no means a TA expert, but I have to believe that if we get some nice EOD buying and close anywhere near HOD, it'll set off some alerts for the technical guys.
Contrary to what some believe, we need all types of traders/investors to realize our old highs (and surpass them). We need the momo guys, we need the technical players, and we need them to be supported by the strong foundation of longs who have been accumulating these supremely undervalued shares over the last few years...in a nutshell, we need a broader spectrum of the investment community to stand up and take notice of this all-too-hidden gem we have here!
It sure is (looking good)! Nice adds.
Can't help but think we may revisit some old highs in the not-too-distant future. I'd like to see us form a base well into the double digit pennies when we do and then begin to receive a more proper valuation as news trickles out on the many fronts on which the company has been working.
I think we could have an enjoyable summer here!
The "pullback" was textbook consolidation after the run into the 0.05s. Indicators were screaming overbought and it needed to take a breath.
If history repeats itself (and I believe it will at some point), this next leg up should be...well...let's just say "substantial" IMO.
Rare Earth News Article
http://www.theglobeandmail.com/globe-investor/investment-ideas/digging-for-value-in-the-rare-earths-hysteria/article2080928/
My favorite line in there:
As with other mining sectors, investors should look for companies with high-grade deposits that will eventually be low-cost producers...
Think the Nemegosenda project might fit that bill a few years down the road?
...me too.
Yeah, and then the bid DROPS...not typically the way it works, but very little surprises me about how this trades any more.
Uplisting cannot come soon enough IMO. Lots of work to be done on many different fronts, but if I were Scott, it would be at (or darn near) the top of my To Do List.
3 years does not a mine make. You either play the relatively insignificant ups and downs here (and know the risk inherent in that strategy) or you need to better understand the "path to building a mine". Blaming others for one's own ignorance of the FACTS (micro and macro; past, present, and future) won't give credence to your arguments...quite the opposite, in fact.
There was a reason you invested here in the first place. I suggest you revisit that - you may find some comfort there. (FWIW, it's likely the same reason you resisted selling at 20 cents too...)
I have to believe that the upward pressure on the SP on low volume is a very positive sign, and perhaps an indication that we really are "reversing" our trend here.
All too often in the past couple years we've seen mini-runs on above-average volume, but as soon as the buying stops and the daily shares traded falls below a million, the share price slowly declines...day by day...a little red and a few tenths chewed off every trading session...and before you know it we're below where that "mini-spike" started from.
I'm encouraged by the trading this week. Anyone else?
Up. (Wishful thinking? Perhaps...we shall see...)
Weekly closes suggest that we'll be higher than 0.042 this coming Friday. With a long(er)-term play such as this one, that's really all you can ask for.
Of course a nice little NR probably wouldn't hurt our cause, but I'm certainly not predicting it. When there is news to be shared, news will be shared and the market will hopefully appreciate it and reflect it in our SP.
Good luck to you on Monday.
Based on the volume involved, I'd lean towards the former.
But it could certainly be a combination of the two.
Ask side remains paper thin - a few K at the ask sends MM's running back by a few tenths of a cent.
Now that the quick flip/momo crowd has left the building we can resume our prevailing upward trend that we had begun to establish.
Would love to see a green close today.
I remember it well - not a day that favored blinking, lest ye wish to miss multiple penny swings! ;)
Those days might be here again this summer. Still trying to figure out how I'm going to "play it" this go around...
In anything but the most immediate-term, we are better off without 'em. Trust me.
Won't be an issue down the road when we've changed our listing structure...not sure if we're talking weeks, months or years for that to happen, but it WILL happen IMO. Then we can be far more confident that days where our price appreciates by multiple pennies on above-average volume won't be chased by days of impatient dumping in favor of the next hot stock-du-jour.
For those of us who have been here 3+ years, the ship of "worry" has long since set sail! ;)
I actually welcome the volatility as it suggests to me that there is increasing interest in our far-too-long-hidden gem here. Lots of flippers and quick traders (as will always be the case), but if we can even catch the eye of one or two of them and they hang around long enough to do the DD, that's one or two more "longs" to add to the family. All the better if it's those folks who were bid sitting with multi-million share orders!
Continued best of luck.
Lots of activity on L2 - MM's jumping all over one another on both sides in the last couple minutes.
Not sure if it's one or multiple sellers here, but once we get rid of them (good riddance!) we'll be back up above 4c quite quickly...lots of folks happy to absorb the cheapies it seems.
Did I see that right? Did 2M shares just go through in one block?
Someone dumping (in decent quantity) at the bid. I don't get it...
The demand is there to sell patiently on the ask side - has been for days. Can't image it's an intelligent/experienced trader making that kind of sale right now.
Nice trading here today. That little "breather" (i.e. pullback) was to be expected after the quick initial run up this morning. The trading for the last hour or so is what should really encourage folks IMO. Nice, tight spread with less volatile movement, but the evidence is there that we have buying interest in decent volume.
I'm no TA expert, but I'm assuming a close above 4c today turns our previous resistance point into support? And with these big bid sizes (1M plus on more than one occasion in the past couple weeks), we should have a decent chance of holding that support as some indicators show that we are approaching "overbought" territory...as will inevitably happen.
All in all, we're looking good here in the short-, intermediate- and most certainly long-term. Money to be made here however folks decide to play it.
Continued best of luck here guys and gals.
Well the interesting thing to watch for now is if anyone else will step up to a .035+ bid...Looks as though Mr. Deep Pockets has gotten his fill this morning, so now it's time to see where the remainder of the trading public values us currently...
Regardless of whether we close at .03 or .04 today, I agree with those saying it's a very positive sign that an intelligent investor(s) - as evidenced by HOW they went about buying their shares - has dropped a decent chunk of change here and doesn't appear as though they're after the quick flip. Bodes well for future price appreciation IMO.
We had a big bidder last week as well, did we not?
Looks like someone with deep pockets (i.e. likely not your standard "I-Hubber") is looking to build a pretty sizeable position here. Not a bad thing IMO...
Ok, now we're up to 119K traded (all at .035)...
Interesting...
No - I think what you are seeing is Friday's volume, but some sort of pre-market trade did just go thru at 0.035 (25K).
Didn't think pre-/post-market (form T?) trades were allowed on the pinks?
Anyone else notice that 25K shares just went thru at 0.035?
How's that happen almost 15 minutes BEFORE trading even opens?