I believe I also mentioned GORO as a safe small gold play, being that the company is run by the former CEO and co-founder of US Gold and has major financial backing. It's shot up .50 since I mentioned it. Making a move today on no news.
I wish I'd followed my own advice and bought some.
CWRN is getting pounded. I still recommend everyone stay out for now. It is a legitimate play, though, and I expect the turnaround in 2007 to be dramatic. I've sold half my shares for a tax loss, but I hope to build my position back up at a much lower price point in December.
I'm hanging with AURC, although I'm getting weary. "And it's miles to go before I sleep. Miles to go before I sleep."
SUUB has yet to announce the finalization of the recent letters of intent for two acquisitions. Starting to sound like a small Russian oil play I was invested in.
NNRF is set to become reporting this month. I'm not sure what to expect from the financials. I doubt the past year's revs will significantly affect the share price one way or the other. If they have 1 million in net income for the past 4 quarters (a reasonable expectation, I think) and a P/E of 15, the current share price will be about fair. The excellent thing is that it will legitimize the company further and the ATOLL acquisition (and anticipated revenues) can start to be accounted for. I expect $10 million in net income (on about $100 million in revs) over the next year which should put us over $3 a share and possibly more. A stated goal of theirs is to get to NASDAQ. As long as the share structure remains favorable, this company has a real shot to get there.
GBDX - when it gets to .03 again, I'm out. I anticpate it will get there next week. I bought my shares between .02 and .022.
And that's the wrongjoe update...
AI
