Stock Ethics and Philosophy 101

[Huggy Bear]

Well hello Cee-it. RE baseball and softball. Yes, it is a great way to give back to the children just like others sacrificed for us when we were kids. Fastest way to find your ass on the bench on my teams is to whine to or even about an umpire, or get overly upset about striking out, making an error, etc. Proper attitude is of the foremost importance in the Great American Game and the game is won between your ears, and although my daughter is the smallest on the team and always will be, she is overall the most effective by having a superior knowledge of the game defensively and a vast array of weapons on offense. We utilize advanced skills for a team of ten year olds and often win via "small ball" and attention to detail on defense against teams that clearly have more inherent physical talent. It is a thinking game as well as a physical match. I have never adhered to the "you can't teach kids that yet" philosophy and I put it in action. Kids are not any less intelligent than us, in fact the converse is true, they just do not have the knowledge of the game yet, which is endless. I coach kids up. I talk to them like adults. I treat them like adults on the field. I expect them to be in the game mentally at all times and know what to do before the ball is hit to them. I expect it because I teach it, with vigor and discipline.

And my daughter has also found herself on the bench more than anyone else for talking back to me on the field. She has learned the hard way that she gets no more lenience than anyone else, in fact she gets less.

I hope your not teaching those kids to whine to the umpire when they don't get their way.

You have me all wrong. My value system is intact in both how I coach my kids and in how I choose to participate in the message board arena.

Regarding critics, it is clear you have little room for tolerance regarding my opinions. I don't care. And I also do not consider you a pump and dumper type investor/trader. Just FYI. There are a preponderance of those who do engage in these tactics for their own enrichment out there though, in case you have not noticed.

Time will tell if that company can prove out any of the speculative claims of grandeur. So far, none of the company claims have proven out, and I am highly suspicious of the company, even more so regarding the "millionaires in the making" type claims made daily on message boards. It is to abundant hyperbole that I take objection.

You made some good points about why it is difficult to prove out a placer operation. By that same argument it is equally difficult to make any claims of "gold flowing soon in abundance" and all that jazz. If proven and probable reserves cannot be established then promises of riches for all cannot be accurate either by that same measure. It is a pure gamble there, one more akin to a lotto ticket than a prudent investment based on fundamentals in my opinion. It is an exploratory stage company that first has to identify a viable target to mine at profit margin, which will probably never happen in my opinion.

There is an abundance of pump and dump language used to hype up the stock and sell shares. The company is 100% shareholder financed via discounted shares sold, either directly to the public via the S-1 or by the convertible debt financiers selling shares. A dangerous cocktail any way you shake it IMO.

There's nothing worse than a critic that posts criticism of the points made by longs and basis their criticism on incorrect and inaccurate information.

In my opinion, there is nothing worse than a supporter who makes wild speculative claims in line with the "greater fool" theorem. And it is bases, not basis. Bases as a verb is appropriate in this instance, basis as written is a noun, as in "cost basis", and ironically as some in the company we discuss had a cost basis in the sub penny range and are now trying a wash, rinse, repeat attempt of the pump and dump from years ago that made them a bunch of money at the expense of those who bought into the hype.

The greater fool theory states that the price of an object is determined not by its intrinsic value, but rather by the often irrational beliefs and expectations of market participants.[1] A price can be justified by a rational buyer under the belief that another party is willing to pay an even higher price.[2][3] Or one may rationally have the expectation that the item can be resold to a "greater fool" later.[4]

In the stock market, the greater fool theory (also called survivor investing) is the belief held by someone who makes a questionable investment, with the assumption that they will be able to sell it later to "a greater fool"; in other words, buying something not because you believe that it is worth the price, but rather because you believe that you will be able to sell it to someone else at an even higher price.[8]

http://en.wikipedia.org/wiki/Greater_fool_theory

Time will tell which one of us is correct. I wish the company the best of extreme luck in matching up with the hyperbolic projections. I simply feel it is another penny gold stock that will separate many from their investment dollars and so far, it surely has. This is America, built on the principle of the free marketplace of ideals and values. The newer and less experienced investors/traders benefit from a full discussion from both sides of the aisle - A one way pump fest is nothing more than mass attempt to separate the sheep from their protective wool, i.e. dollars. An unscrupulous and inconsiderate transfer of wealth from those who are unsuspecting and trusting of others to those who are "playing the game".