InvestorsHub Logo
icon url

LJ Silver

02/18/13 2:24 PM

#61803 RE: lesgetrich #61801

Gold bullish run for next 2-3 years.. Good for us :)
LJ
http://www.thestreet.com/video/11843464/dont-expect-thin-gold-trading-to-continue.html
icon url

sanbrunobaby

02/18/13 2:41 PM

#61805 RE: lesgetrich #61801

I do not think nonsense to bring up reverse split at this time for the following reasons : I do think the company needs to raise money and this will boost the outstanding shares, sooner rather than later, and this will keep pressure on price. Company will need a higher price to open up new potential investors and private placements- it has a DTC chill and that compared with the low stock price makes it harder for potential investor to participate in a private placement.

I actually agree with you next year if they re-open the mill, operate at a profit, and present a credible development plan for the mines they have under contract, this could be a $2 stock. he problem with recovering after they start producing revenue is how many shares they need to issue to get to that point. I just believe now after reviewing all the comments to questions I have asked etc, it is more likely profitable revenue wont occur at best until the 1st quarter 2014.

I guess time will tell whether "nonsense", just as time will tell whether "nonsense" the company can achieve its objectives of september production with $5,000 in the bank.

Guess I just think story is better than many might think, that is why I think bigger issue than everything is management IR ability.Just my opinion of couese, and those who can point to solid IR performance and steadly rising price over time etc can of course correct my impression.
icon url

Civicbird

02/18/13 3:18 PM

#61806 RE: lesgetrich #61801

I really loathe the R/S rhetoric from a few and I wouldn't stand for another on any level WHATSOEVER.(It took me long enough to get to 65,000 shares) And regarding dilution: I hope there's only minimal ammounts, if any.(Could there be financing already in the works with the shares already used?) Regarding our PPS: I would love to see $1.00 as a start fairly quickly once the mill is set to go.(On hype alone, I wonder how high we can go) But, within 2 years or less, I would love to see around $10 or more as well. I just don't want any setbacks with the mill re-opening or with dilution.
icon url

JohnnieMoss

02/18/13 9:25 PM

#61812 RE: lesgetrich #61801

Keep holding your prediction.
icon url

modrica

02/18/13 10:55 PM

#61814 RE: lesgetrich #61801

10 $ ?

lets start with 10 cents first

gl

mod
icon url

Civicbird

03/12/13 12:15 PM

#62462 RE: lesgetrich #61801

Still would love to see this PPS scenario--if not more--unfold, les. I just hope the tailings issue is finalized very soon, so no more setbacks can arise for us......and for enough operating capital before the beginning of Summer. Guyer certainly wasn't responsible as it pertained to dilutive measures in the past.....I hope he's learned his lesson on this front.