Lots of caveats to investing in MYNG, lots of shares out, CDs due this month. 300 million plus shares out, whew! Of course, the history of the deposit is legendary. If GE can recover some of what has been left behind using rudimentary methods, they will do just fine, imo.
The guys with the .03 CDs bailed GE out when they were about to go belly up. MYNG wasn't worth much more than that when they bought in.
These particular investors want Digr's head on a platter. They blame his constant negative posting on various threads for major dilution due to a depressed stock price.
These investors of which I speak have millions and millions of US$. As soon as GE makes a profit, Digr better have his assets in his kids names, imho.
GE is making progress, if they can get the estimated 95% of fine gold out of this historical deposit they will be very happy investors indeed. I hope their eventual billions of dollars will mellow them with regard to our resident negative poster...but I don't think billions of dollars will mellow them. I have defended our moderator til my fingers got numb to no avail.
Should be interesting over the next year.
Digr really should have named this thread TURD since that is his only stance on GE.
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