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LonJandis

12/16/10 1:42 PM

#55657 RE: unevilfavouredness #55649

Do your own research. If you are buying this hoping for $2.50/share it's NOT HAPPENING. The buyout offer was over 3 full trading days ago, and PPS is currently less than 5% of that offer. This is NOT due to speculation, fear, skepticism, etc. It is due to fraud, plain and simple.

$35,000,000 of flipping by shorts/day traders is nothing. There is no promise for 100x reward. The only thing I see happening to this stock in the next month is either triple zero's or grey sheets.

All my opinion, you of course are entitled to your own, but I plead you to tread carefully on this stock. There are many different fraud allegations here; it's not a group of bashers telling stories. The geologist named in the NI 43-101 even came out and said he never performed services. If that means nothing to you, good luck to you because you will need lots of it.
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LonJandis

12/16/10 1:46 PM

#55663 RE: unevilfavouredness #55649

First of all, none of the coverage you refer to is positive.

Second of all, there is a possibility that this guy "rushed to discredit this bid offer" because it's fake, no? I mean, it's only reasonable that he would do so. But ok, you think he is lying to throw investors off, whatever.

Finally, the PPS is still less than 5% of the $2.50 buyout offer made over 3 days ago. There is nothing more to be said. GLTY.
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LonJandis

12/17/10 10:42 AM

#56459 RE: unevilfavouredness #55649

I guess Bloomberg, the NY Post and all the other sources you listed yesterday didn't get it wrong this time. Just because they backed Lehman Bro's before they failed doesn't mean they consistently back losers with positive ratings. Few people saw the collapses coming ahead of time, took many people by surprise.

Anyways, I'm sure you have a bitter taste in your mouth, so I'm not trying to gloat, just hope you see the mistakes you have made and you can learn from this experience for your future trading decisions. GLTY.