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overachiever

12/16/10 10:34 AM

#55424 RE: jibberjabber #55422

Prokhorov, the way it sounds to me , he is in overdrive mode right now attempting to get his hands on everything when it comes to gold. The man is wealthy enough, @ 2.50/ share, this is chump change for him. He is doing all this at a feverish pace.

Mind you, he is picking up all these shares down here at discouunt to the market. It will only take a few more days for him to accumulate enough shares. All of this is just my opinion.

Prokhorov is well known to be trying to acquire up to three large gold mining companies.

He has never been interested in trying to buy scams like SAEI. He wants operating gold miners, not mythical gold mining penny stock swindles that lie about Ni 43-101s and false buyout offers.




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playfullyhappy

12/16/10 10:36 AM

#55426 RE: jibberjabber #55422

jibberjabber,

I am inclined to go along with your reasoning. I do not own enough stock to really get financial hurt, but I own enough at .05 to really increase me to 10,20,30,40 bagger status with any kind of good news.

So I am holding and just might increase my holdings at the right price.

Hell, this is Christmas and just maybe all of our stockings will overflow.

I am enjoying the thrill of the roller coaster with are on.
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rookiecrd1

12/16/10 10:57 AM

#55455 RE: jibberjabber #55422

When attempting to acquire a company, you don't put out public info claiming that the company is lying.....
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golddiggers

12/16/10 12:10 PM

#55537 RE: jibberjabber #55422

This a very strategic move by russian billionaire. Here is what I think is happening:


1. Russian Billionaire sends #1 offer under his holding company OXM to SAEI.
2. SAEI gets excited and puts out #1 BID news release.
3. Russian Billionaire sends #2 offer under another company name JRG to SAEI.
4. SAEI gets excited and puts out #2 BID news release.
5. Russian Billionaire denies #1 BID under his holding company OXM to SAEI.
6. Investors learn about denial and stock tanks to 5 cents.
7. Russian Billionaire buys entire float under another company not associated with him, all this during panic period.
8. SAEI gets confirmation of #2 BID from JRG and buyout closes at $2.50.
9. Russian Billionaire now owns all shares that cost him 5 cents or less but are worth $2.50 on the open market.
10. Russian Billionaire dumps all shares at $2.50+ after announcing purchase of new gold gold mine and becomes even richer!

Russians are clever and cunning business people. OL' RUSSIAN SHAKEDOWN!!