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slick50

02/24/11 6:22 PM

#29209 RE: jaetrader #29182

Hey nervous nellie ... Obviously Bob did not pay a trucking company just to create a permanent ore pile, nor would management of the shipping yard allow such.

Is all that equipment on site to support the creation of that HUGE ore pile all for show?

Logic:

Bob stands to gain more by the shipping and generation of a revenue stream than by any short term scam.

Think about it.

If this was a scam it would be coming to a conclusion very soon as opposed to having a tremendous revenue stream from the production and shipping of Iron Ore for the next 3 to 10 years!! Bob has more shares than any of us of course so do you think he would be planning anything that would not increase share price? What would be the purpose?

I am long on this stock and I have been in it for almost 3 years. It has so far been a tremendous investment and we have not even begun to benefit from a share price bolstered from revenues. I see this as a hold for 1 to 3 years to maximize profits and I do not concern myself with the occasional dips in share price.
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slick50

02/24/11 6:30 PM

#29214 RE: jaetrader #29182

Listen and learn ... it goes like this:

False statements creating doubt scares nervous investors into selling.

Price goes down.

Nervous investors selling trips stop orders.

Price goes down.

Investor who initiated false statements now buy there shares at a good discount thanks to the nervous investors convinced to sell.

Buying activity brings share price up.

Nervous investors now get anxious seeing it go back up and re-invest after inital loss from selling.

Buying activity brings share price up.

At the end of the day or next day price is back at previous levels.

Rinse/Repeat