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S&P 500
5,475.09
(
0.27%
)
US TECH 100
19,250.80
(
0.45%
)
Dow Jones
39,169.52
(
0.13%
)
Brent Oil
86.69
(
0.18%
)
Bitcoin
63,022.11
(
0.27%
)
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BudTheSpud

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BudTheSpud

Re: rmarc post# 98552

Monday, 09/17/2012 2:46:32 PM

Monday, September 17, 2012 2:46:32 PM

Post# of 118202
Shorting and the Dividend.....................

rmarc is correct in that this stock has been shorted into oblivion. At some point they will have to cover and they will want to cover before the dividend is awarded. I believe Landau and Geisler knew full well this was going to happen and that is one of the reasons they declared a dividend. I believe this stock is going to make a turn around and do exactly what happened with the run to 8 cents.

What is happening with the share price is completely disconnected from the running of the Black Rock Canyon mine. Not saying the mine is humming along because I don't know but it's possible the mine is now profitable and the share price does not reflect it's value.
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