InvestorsHub Logo

americano

11/03/06 9:45 PM

#5163 RE: Californicator #5162

Still working on my first 10m

americano

11/03/06 9:56 PM

#5164 RE: Californicator #5162

I know we have a legit company here, not someone pumping out false news , have a good filling your going to love the news on return from this trip. I envey all the shares you have there, I may make more with mine, will see who the last man standing is, lol just kidding : ) : ) Happy to here your in for more than the short riders, thanks for you posts.

zigbee

11/04/06 8:48 AM

#5178 RE: Californicator #5162

IPKL - A large portion of the shares have been absorbed into the market but they are not all yet as can be seen with BRGE still on the ask. With that said, I don't think there are that many left of the 1B to sell. The next problem will be moving shares out of the flippers/swing traders hands and to more long term investors. A lot of people bought in the initial run a couple weeks back. Some portion of them will be looking to get out for various reasons - short term traders; don't like that the company dumped 1B new shares; can't focus more than 1 week out; etc. We also don't know if the company has, or intends to, sell the remaining ~400M shares in the A/S. This will cause some resistence in the short term.

As I have said before, our time is coming but it is just not right now IMO. When I calculate the long term value of the company, I use the full 2B A/S to be safe. Even with that, it is still a very good prospect. The problem is getting all the shares absorbed and flipped a few times. Once this is done the pps will climb.

finance lizard

11/06/06 5:23 PM

#5304 RE: Californicator #5162

Portlander -

I know you posted what the expected revenues on this thing at one point... do you happen to know what you think this is?

Do you know how much revenue they would get for every mine?