Replies to Post #11311 onValue Microcaps Junior Energy

Replies to #11311 on Value Microcaps Junior Energy

05/11/12 7:27 PM

Bobwins,

What a great explanation. It must have taken you a while to put that all together so your effort and knowledge are much appreciated.

Enjoy your BD.

jepicza

05/11/12 7:59 PM

#11313 RE: Bobwins #11311

To: Bobwins....

At first, everything and all the best, Bob!

Now, thank you very much for your reply; your effort, the time you put in. I really appreciate that. I am "okay", now. :-) I understand what they meant. Sure, producers, minimum debt on their balance sheet, cash reserves, currently producing, capable to finance their expansion and growth from their cash flow, could be a take-over target, because there IS something to take over. ;-)

I remember 2008, some of those hot-paper victims, like - Tamerlane, Black Hawk, First Metals, and such. They all are dead. I was just worried that I am missing something critical here. I am quite familiar with the other stuff, here and in Europe, too. So again, thank you for all you do here, helping us.

Have a good one, Bob.

kozuh

05/11/12 11:15 PM

#11314 RE: Bobwins #11311

Thanks Bob, but I will have to read ...

your message many times before I comprehend

what you are saying. It's like The Theory of

Relativity, only more difficult ... . As Einstein

would say: "Double negatives are a NO-NO."

zenvesting

05/11/12 11:17 PM

#11315 RE: Bobwins #11311

Great post Bob! They say true genius is the ability to explain the most complex issues in the simplest of terms, that post of yours is the most succinct explanation of the banking crisis that I've read in the past four years thi situation has dominated the headlines.

As always, thanks for sharing your genius with us here on these message boards....and HAPPY 65th Birthday :) (Isn't it great that we only age on I-Hub if we go back and update our profile information. I'd bet that a few of those I-Hub programmers may have also previously worked in the banking industry......writing those predictive computer models for mortgage pools you referred to! :)

Leonardo da Vinci – “Simplicity is the ultimate sophistication.”

rocketeer357

05/11/12 11:30 PM

#11316 RE: Bobwins #11311

Excellent explanation.... and happy b'day Bobwins. For your 65th, may you be the recipient of another VEIX.OB at .65 a share....or FPP at .45 (your cyber-age)!!!

littlefish

05/11/12 11:38 PM

#11317 RE: Bobwins #11311

GOODNESS!
That's almost enough to get Lentinman posting something as a reply.

Well put BW.
Far too lucid for an old man though!

For your B-Day you need more sun and garden flowers with less time contemplating the world.

Enjoy the birthday and the weekend. :-)

diggg

05/12/12 12:13 PM

#11318 RE: Bobwins #11311

Mr. Bobwins you've out doing yourself again... :)..Thanks for such great boards you have started on Ihub! Happy birthday to you!...and btw, I think the Cougs may be giving your Dogs a run for their money with their new football coach in the years to come ;)

cl001

05/13/12 11:13 AM

#11319 RE: Bobwins #11311

Great points, Bobwins! I read through the Rule article a few times and there are two topics in his interview.

1. The banking system. It seems to me that there are no difference between JPM and AIG per say. They are all trying to make a leveraged bet that they don't understand. If they win, the traders and management will get huge bonuses. If they lose, the taxpayers will pick up the tab. What a wonderful system! It really didn't change much from where we are now vs pre 2008. Just ask Dimon how much money they made on the same trades by the same people last year and how much bonuses were paid out. The system has to change! Banks have to become the old fashion banks again, take deposit, put into treasure bond and loan money. Nothing else. If Mr Dimon wants to run his bank like a hedge fund, he are welcome to do as long as it is his own or private money. No public money should be at risks.

2. As for juniors, they are greatly depressed now. I agree many if not most will not survive the next 6-12 months. However, I do believe there are tons of opportunities for small investors like us. The TSXV is on fire sale, there will be great opportunities if you can pick the right stocks. MMT.v is an excellent example. It started with mostly individual investors like us, now institutions want in, but at much higher price. There are many "mini Mart" out there waiting for us to discover.

Wish you had a wonderful B-Day, Bobwins. You are a great friend and a great resource. Enjoy your SS checks, remember it is a luxury that many of our younger folks will not have the same opportunity.