You have no facts on anything. They are a discovery company in the mining business, who have done a excellent job of drilling and proving out what they have in the ground. They are one of a few companies, that didn't spend the money foolishly. As for Frost tolerating anything....Frost approached them with this deal. He saw a company who is managed to retain their capital and invest it wisely. Why did SCI have to get approval by the courts, if Frost is so smart? They were flat broke and needed a hand. We are happy to help it out, but don't be smug about things you don't understand.
You buy it at .37++++, I got in at 50% below that price, so as long as you making me money, that's the important stuff. The mining business will out perform the biotech over the next year. They raised money when metals were trading much higher and spent it wisely. No toxic financing. Grow up.
tallfaller seems to have a new id. Tell them how you dogged this at .21 and how big a mistake that was. The only thing worthless is his opinion.
So where should he have parked his investment dollars? The poor jealous fool, is being schooled once again on RMV message board. This company has $7.2M in cash, growing Durafit line. Won the Acura IXL line.
The company spends $1.9M a quarter in R&D, which will pave the way to billions in revenues. Maybe one day, CDTI will lend RVM the $12M to build the access roads. That's if they still in business. If Dbtunr admits to losing $50K there, then we have to speculate that loses are 10X that amount. How are they going to pay back the $5M loan they took out in August. The $2.2M a year payments come fast. Cannot wait to read their delayed annual report Friday night. CDTI enjoys creditors who actually want to convert to equity. They see the opportunities on the horizon.
But if spandex/GS and dbtnur couldn't understand FX issues with their investments, maybe the things I point out here, are beyond their scope of comprehension. Poor dbtunr had to be babysat on prepaids.
Don't insult the company that had the cash. They have great management that did the right things with their funds. I have been buying levon since it was .20 and have an average cost of .24. They have world class finds in both their mining projects. Once the metals prices rise, you will see what this company brings to the table.
Levon has made excellent investments. Didn't spend the money stupidly. So please respect what they brought to the table here. I own OPK and DVAX and prefer Levon mining properties over both these investments.
Best part is the cash they had. When I started buying it, they had over $40M in cash and the stock was trading at almost a negative enterprise value. They own 36M shares of PGLC. They invested in PGLC at .28 a share. Up .08 a share at todays price x 36M shares. Profit of $2.75M. So we also share in that companies success.
This is not a one trick pony. They have their two mines and we may get a update on drilling on their second mine. We have the PGLC mines and investment in them. Next we have SCI-B-vac and it's pipeline.
If metal prices turn around, this could get very interesting.
I already listed them. Bellco sales are not known. But insiders stepped up for a reason. Hospital sales could scream. Best part of some of our revenues, is that we have little expense associated with. Just the cost of the secretary depositing it. Today they can just take a picture of the check and deposit it.
You keep feeling sorry for yourselves. This hedge fund is going to sell this for a nice profit. They kept acquiring shares and over subscribed.
F_schwark, you are just oos wearing a different tee-shirt. Show me up, round up the 12 id's here and take my test. You know the one that makes little boys, wet there pants here.
They need $12M to have access to the cooper mine. They owe $5M on one loan and they also have accounts payable issues, CEO pay, CFO pay, the pay of key people. They may have to file for BK, if they don't find a partner and they still have the expense of trying to show the economics on their other project. Dbtunr why do you not do any DD on things you claim you own? But instead you dog CDTI with made up garbage. Must be difficult being a loser. But you find a way.
You should have paid attention, when I warned you here.
Overview and Important Factors Influencing Results for the Nine Months Ended September 30, 2014
The Company owns a 100% interest in Revett Silver Company (“Revett Silver”), which in turn owns 100% of Troy Mine, Inc., RC Resources, Inc., Revett Exploration, Inc. and Revett Holdings, Inc. Troy Mine is an operating underground silver and copper mine and Rock Creek is a development stage silver and copper property. Both properties are located in northwest Montana.
We suspended operations at Troy Mine in December 2012 due to unstable underground conditions in portions of the mine. In November 2013, after unsuccessful attempts to find alternative routes to our reserve mining areas and with approval from the Mine Safety and Health Administration (“MSHA”), we commenced construction of a new decline from the main service adit to access the North C Beds and the undeveloped I Beds. In late September, 2014 we completed the initial decline totaling approximately 7,500 feet (including dual drifts, cross-overs, muck bays, etc.) to the North C Beds and expect to resume milling operations and return to limited commercial production in the fourth quarter 2014. Continued development to the deeper I Beds will require us to construct an additional 5,900 feet of decline including an accompanying borehole for secondary egress and ventilation. We anticipate this continued development will take an additional six to nine months to complete;, following which, we expect to ramp-up to full production of around 4,000tpd. The cost of constructing the decline to the North C Beds in order to resume production is estimated to be approximately $5.9 million; the total cost of the decline, including the extension to the undeveloped I Bed area, is currently estimated to be approximately $12 million. Although we took significant steps to improve our liquidity during the first nine months of 2014, we currently do not have enough cash on hand to complete the I-Bed development and are reviewing alterna
They have $7.2M in cash but when you do some DD, you will see the real facts. This obligation has to be met:
The Company entered into a new note payable in August 2014. The amount borrowed was $5 million with a 30 month term and a 6.25% interest rate. Monthly principal and interest payments are $0.2 million ($2.2 million annually). The note is collateralized by certain equipment at the Troy Mine. The Company used a portion of the proceeds to pay off the two remaining capital leases which principal balances were approximately $0.4 million.
Wait it gets better or worse depending on where you are sitting on owning any shares. The recent discussions on getting back into the copper mine, you need to know all the facts why they shut down that mine. I will post that info, so anyone considering this company knows all the facts.
They have two announcements about SCI in this quarter. According to the power point presentation. One of these announcements coming is about their second drug. They also feel that break through designation maybe in the cards for the second drug and maybe approval after the ph2. These doctors were able to mimic the way the body would build antigens for Hep-B, almost a perfect copy. Maybe the second drug is just as strong. Take a good look at the presentation.
You girls, go out and have your hair and nails done. Bellco revenues have started to accumulate. The hospital revenues could gain traction fast. VA, maybe a trial run to move into all of them. Work out the bugs and pricing. I notice one other basher, methucem bashed this week, the same ID that claims to be into this, up to his neck. Odd, that the same guy claiming to be puking on the set back with DAV, is joining in on bashing. I still believe the multiple ID boys, have an agenda.
Grow a set and when you invested in tings like this, understand, under capitalized companies, have hurdles. They were lucky to have a hedge fund join in on the action. These deep pockets and low share count has kept us in the game. The EURO has rebounded a few pennies.
Numbers should look a little better. Army and navy may work into this sometime this year. Making them profitable. Then let D & F make up their minds on how to move into HDF.
Maybe dbtunr bought one share for each of his multiple id's he uses to pump and bash with. Six shares. Still believe Friday is going to lead into an ugly Monday. Companies that wait for Friday to release, know it's not good news. No revenues and still all those bills to pay.
A whopping 6 shares. Friday earnings after the bell. The troll ignored me when I told him, that RVM had FX issues. That cost him big. Losing everything he made in CLCT in ten years, vanished in RVM. Next time I bring up a subject, dbtunr should it down and pay attention. Gave both you and spanspur a free advice and neither of you two could comprehend it. Now watch for going concern language on RVM. They owned $2M in accounts payable, they had the huge costs of shutting down a mine, they have no means to raise capital.
The pumpers thing that $2.75 copper price will save them. Watch for fire sale.
You go over to AKS and pretending you buying more. They almost respect you there and given time, they will come to appreciate the looney tune you are. Let's see what you think is a smart way to invest. You watch for companies like AKS and WG who tanked and you rush in prematurely and soon find yourself down 50%. Then you dog that board and pretending you are adding to your positions, but in reality, you have to figure how to cover your margin calls. That about right. Then when investors get to understand that you bring nothing to the table they make fun of you, but because you cannot insult your intelligence, you invent ids like grueman and rayonman. When that doesn't work you add a new one like nsa.
I feel sorry for you. So far I have given you WG a 50% winner, I told you stay clear of RVM and AKS. But still you lose money. Now WH is under $3, you are stuck there again. This is kind of sad to watch, lucky for you, GS and dbtunr losing their hinnies on RVM. I keep acquiring cheap shares of CDTI and you keep dodging those margin phone calls in the morning.
I don't see Frost bankrolling a mining operation. He was smart and understood that the juniors were undervalued. The key here is to look like you will go it alone and then get a better buyout price. I believe Frost knows that a reset in gold and silver will have to happen. The world banks are in deep trouble. Gold and silver will have to be revalued at some point. The billionaires also see this and talk amongst themselves. Frost is going to enjoy some free appreciation, once the reset in the world happens. The world owes how many trillions in debts? The derivative nightmare is coming. Not if, when?
You know how you can tell spandex and dbtunr are the same idiot. Today spandex claims he doesn't know what RVM is. However he has posted several messages on their message board. You cannot make this stuff up.
You just have to buy them at the right time. The best time is right before all the discovery starts to pay dividends. Metal prices have started to rise. This could be the next leg up, making decisions like spinel a imperative decision. I love how the same idiots that thought buying RVM and AKS was a wise decision, believe they are qualified to comment here. On two separate occasions I gave them fair warning that AKS and RVM were in over their heads because of FX issues. What did the little boys do here, they pretended that they had a clue. Well being clueless has cost them dearly. Losing 70% of the net worth on these two investments. The thing they cannot admit, I tried to help them to not make these mistakes. Poor GS has had to start cleaning up the parking lots of the jack-n-box he use to troll for vagrants.
I told the board members on CDTI, I was interested in a junior miner. Dbtunr started pumping RVM on that site and his alias Grandslammer also pumped it here and there. I looked into RVM and told dbtunr and his multiple id's that this company was in trouble and he better understand the FX issue associated with it. Like always dbtunr went off on some tangent and stated I didn't know what I was talking about. Now look he's down 75% begging investors to bail him out.
The smart money stayed away from this investment. Well dbtunr has to invent things to make himself seem important. The discussions are there on CDTI message board for the truth. Dbtunr knows the wrioting is on the wall here and is praying to get a small piece of his losses back at your expense. I will company and repost this reply, because the little man doesn't like others knowing what we know about him. Watch for earnings after the bell on Friday and who in their right mind would thing moving a mine into maintenance doesn't cost anything. The CEO and board need to be paid. This is still a major drain on what little cash remains. Accounts payable of $2M last quarter still have to be paid, equipment leasing has to be honored. Dbtunr is a joke that we laugh at on many sites. He needs multiple id's to make his points seem like they have merit. But reality paints a different picture.