Fat, I also thought Lenic was a straight shooter, (most likely a puppet). I wouldn't sell because they are a profitable company, earnings may scale back a bit, but they will still be profitable for this quarter.
You know better than I.......that the street could push this any direction they want. We are getting punishment for someone else's poor decision.
Is PSTR and CEP merging? Looks that way. Any info? Nice spike up today. Hope we rally to the 2.50 range for earnings. Good Luck Longs.
Hope your right Larry, because I am prepared for it. I'm betting on the possibility that China and Japan are going to stop buying our bonds and the bond market will tank. The world cannot dilute their currency for years and not have a interest rate run. It boggles my mind that they can push gold/silver down this far with bs data and the dollar tanks then metals stay flat; we will have our day in the sun. Good Luck Longs and maybe tomorrow will be the end of the downhill slide.
I think the reason this thing has been so beat up is because of the warrant holders are getting ripped. Maybe this will help smooth things over, little late.
The reason I bought more of this #$%$ was Lenic was on CNBC talking about how Aurcana was, and He reiterated the late 2013 Reverse Split and Major Market Listing, also new numbers would be good with Shafter up and running. What do we get.....no listing and a early reverse split. Someone once told me NEVER trust a Canadian Miner........how true, how true.
We just have to stick it out until the market works in our favor. I would rather lose it all, than take a hit like this.
I just remembered that Hampton popped up last FED MEETING. This could be just a head fake on the anticipation that they are going to let rates rise. Could be better than expected earnings this quarter. But, I think it is FED related.
Just the beginning, wouldn't be surprised to see it pop to the 2.50 range. If, this returns to a quarter of its former value......most of us will make millions. Good Luck Longs and you too, dog.
I would be willing to wager that 80% of yes votes for the reverse split would be a no vote for Obama.
Never ever make the mistake of thinking that just because someone believes in the same ideals and supports your material drive that it inherently equates to being in your best interest, i.e., "metal sharpens...metal" and "your enemies are your friends". If, I would have been a ruling authority at a gun or ammo manufacture company, I would have gave millions to Obama and the NRA (they most likely did)........look what Obama has done for guns, ammo, and NRA membership............Making money hand over fist------"those who mind don't matter and those who matter don't mind."
Cadmium, starting to get a 'little weak in the knees' with JRCC. Albeit, it is holding up a little better than I thought it would. Met coal prices concerns me (which can change in a drop of the hat). They are going to burn up their cash, before the recovery begins; hope I'm wrong.
On a brighter note.....LLEN is doing quite well. Good Luck Longs!