more on your loopy remarks
if you actually were informed, among other things, you'd recognize that in an earlier private financing, the co. was 'all out' to attract about $8 mil--and that was in return for both common shares and warrants.'
So, genius, how many 'new shares' would have to be offered (in addition to any projected 'debt financing) to raise the $900+ mil needed to build a mine at Elk Creek?
Furthermore, pray tell, what would the combination of 'new shares' and 'debt financing' do to the already penny-level SP?
Eagerly awaiting your sage reply!
Could you be any more of an inattentive, ADD ridden idiot? The prior comment 'on this board' about 'massive share dilution' referred ONLY to Nio. Get a grip, Cuhead!
sorry to burst your delusional 'bubble,' by those who actually have a functioning brain long ago learned all too well about this thoroughly mismanaged co. called TGB
last, ever wonder, of TGB shill, why for all intents and purposes you remain the only (and since last April the newbie) cheerleader for this corporate gang that 'can't shoot straight?'
just more of your meaningless banter
if you actually knew anything, you'd recognize that those 'consensus rating' invariably are a buch of vacuous fluff
what's the SP currently again?
what you fatuously label as 'bashers,' are instead the highly informed 'realists' who simply continue to 'tell it like it is'
given what just happened to TC, would not at all be surprised to see long-in-the-tank TGB go the same way--bought up for a song'
too, you might possibly be aware that the buyer of TC will pay off the bonds/bondholders at 100% of par value
assuming TGB doesn't go BK, then all those bonds bought by others (NEVER me!), inc. by the RR outfit, will likely be paid at 100% of par-- thus in that scenario, they make a bunch of $, while (many) long term holders of the common shares, 'eat it'
also, in terms of payoff priority, bond holders come before shareholders--capeche?
oh, but those always pesky dismal financials, eh, Cuhead
sorry, but 'deposits' with this co. (think NP) don't mean squat when remaining in the ground
you are truly an incurably hopeless fantasizer totally devoid of any grip on reality, Cuhead
Duh back to you- have already stated more than once that any possible financing (don't hold your breath) means massive share dilution--and more than difficult to imagine outside sources ponying up the $900 mil+ to build the mine--and then the hardly trivial matter that the co. also steadfastly refuses to 'clarify' the data claimed in the prior PEA--that over 30 years approx. $3 bil in projected gross revenues, but about $2.1 bil after taxes--OK, and then where does the cost of the mine calculate into the equation?--have asked twice now but never a response
also, ZERO inside buying for several years according to the likes of ETrade, and despite bringing in all of the CEO's pals from the Molycorp days (MCP recently came out of bankruptcy)whereas they have received lots of options with a 3 yr exp., thus they don't have to put any $ up front
too, hardly an encouraging indicator that some months ago they CEO was basically begging options holders to convert now, surely because the co. needs the relatively few $millions that might be raised just for day-to-day operations
super-Nio has previously contracted to sell at least 75% of any produced Nb--slight problems- (1)have none to sell; (2) no 'possible' mine until at least 2018; (3) reserves in Brazil are much higher grade, much more easily gathered, and enough to supply the world'd need for many, many decades)
despite all your always fatuous and in-denial rhetoric, bottom line: if the Canadian feds say 'nyet' (and they did do so resoundingly twice to date) then that's the only relevant issue
as for the equally crackbrained remark that some of the many pointed questions I've repeatedly raised (and have others as well) are not worth your 'typing efforts,' that's no more than a euphemism for: Cuhead invariably favors the 'ostrich approach' when confronted with subject matter he much prefers did not exist
as far as G having, you contend, 'tripled' Cu production: so what? the co. still continues to lose $ each passing Q--too, there is the 'slight' problem that TGB remains (in U.S. dollar terms) basically the highest cost Cu producer around
and as far as the alleged 'remarkable deposits,' the mine was originally closed down (pre-Russ) in part due to the act of its LOW GRADE deposits. and then the buy by TGB, and on to Q loss after loss, now coupled with big time debt
last, with these idiots at the helm, the PAST TRULY IS PROLOGUE--meaning that courtesy your buried in the sand approach to dealing with data that you find 'un-nerving,' irrespective of the long, most substantive history of one failure or ill-advised pursuit after another (NP. harmony, Aley,, etc) Cuhead thinks the 'outcome' per Florence will be any different than the plethora of many past 'tank jobs'-- thus you clearly subscribe to the working definition of insanity--goof continue luck with that fantasy
Although I know that as you always do, you'll avoid like the plague addressing, much less answering any # of questions that clearly do not comport with with cockamamie mindset, nonetheless if for nothing else than entertainment purposes, I'll pose several regarding your newest bunk about the depressed price of Cu.
So, oh board guru, kindly explain to all of 'us novices; the following. Specifically, how the price of at ANY time
1. Determined that Retrograde Russ and his savant BOD managed TWICE 'managed' to have NP rejected? And sorry, Cuhead, but the lame argument that the at the local levels TGB got approval doesn't mean squat when the ultimate decision is made at the federal level.
2. Influenced the Harper Gov. to turn down BOTH P1 and P2.
3. Is responsible for the approx. $130 mil wasted in pursuit of NP.
4. Relates to the $65 mil or so down the drain per Harmony.
5. Prompted Ramblin' Russ to throw away to date about $30 mil on Aley.
6. Resulted in the array of ludicrous past excuses for repeated failures to deliver mined Cu, inc. :the canoes failed to prove themselves sea worthy; all of the saddles on all of the donkeys carrying the Cu ore slipped off and the entire amount was then stolen by a band of local banditos; the choo choos in one instance were not running, much less on schedule, even though Il Duce Mussolini made sure they did during his tenure --whereas TGB's El Jefe also flopped in this realm
In closing, I believe I can speak for all of the other 'proud to be called bashers,' when i say we eagerly await for you to further enlighten us, to allow us to understand how a co. that repeatedly loses $ Q after Q, is deeply in debt, and is the highest cost Cu producer around is actually a compelling success story.
blah, blah, blah, Cuhead
co didn't do squat in terms of NET financials when Cu once traded near $5m you fool
as for the tired rationalization about the TWICE rejected P, the fact is that final approval had to come from the feds, and in both cases, genius, the P.M. was the CONSERVATIVE Harper.
as for Vegas, he is both a total realist and honest in his posts, two characteristics totally absent in your ongoing blather-ridden postings--thus, I'll leave it to other informed readers to judge for themselves who is credible-- a rational thinker or an obvious mindless TGB shill
and t what's the SP again, and how does it compare to the 2008 low?
have posed that question to this 'court fool' many times previously--naturally, he ALWAYS avoids addressing such pointed questions
which outfit with requisite funds would front ANY $ to #$%$ Russ and his empty headed BOD acolytes for another losing endeavor (re: Florence)given that EVERY other undertaking has been a bust--P1 , P2, Harmony, the complete waste (so far, anyway) of $30 mil at Aley, the more than $300 mil G 'upgrade' that has resulted in TGB STILL REMAINING for all intents and purposes the HIGHEST COST Cu producer around--UNLESS the likes of Red Kite, to which TGB presently is on the hook for several hundred mil in debt, anticipates that TGB will 'clunk' per being able ultimately to service the debt, and thus Red Kite assumes ownership of such an asset, such that it is
All informed posters recognize full well that you, Cuhead, are no more than a mindless shill for TGB, pure and simple.
Most recently, Vegas has chimed in with incontestable FACTS to further demolish your ongoing ludicrous cheerleading for this total POS stock.
In the meantime, you just keep hittin' your crack pipe so as to continuously feed your thoroughgoing delusional state.
THE only 'actual' or central reason the SP ran north post-2008 was based on the 'hope' for a NP approval-- ad we all know full well about the history of those (P1 AND P2) pursuits.
and all the while (post 2008) the SP continued to rise was NEVER because of any MEANINGFUL NET revenues, even thought a one point the price of Cu was almost $5
lastly, most of us that have long followed this co. understand full well what having 'solid fundamentals' means--and that sure does NOT apply to TGB, by any stretch of the imagination
have news for you, Cuhead--
totally laughable is the contention that Vegas might not have 'liked ' your disappeared post
he, like several others, fully recognize that you are a totally clueless and mindless wannabe apologist for a thoroughly and longtime ill-'managed' co.
thus, Vegas is rightfully dismissive of all of your posted blather
bottom line: SP persists in the tank, and given the myriad economic failures to date (P1, P2, Harmony as well as the $30 mil or so completely wasted on Aley), when all is said and done you are resting all your delusion based 'hopes' on some Florence miracle-- sorry, but 'miracles' do not figure into the dismal condition of TGB
you say what?
last I heard the 'bid' applies to the price for which one can sell a position
whereas anyone wanting to BUY shares pays the 'ask'--and regarding the bid/ask quoted last Friday on Ameritrade (anyway) the bid was about .059 whereas the ask was .07
and that is what both both Yahoo and Ameritrade showed at the time
330K on the bid, circa 10K on the ask
so, if there was a 'bid to buy' at .05666, that was a total waste of time, it appears (esp, if it was an AON limit order) since the ask was, as stated, .07 -
so perhaps we are talking at cross purposes?
regardless, glta on this long 'going nowhere' stock