Recent

% | $
Quotes you view appear here for quick access.

Gold Resource Corp Message Board

ipdaily69 37 posts  |  Last Activity: Jul 3, 2015 1:50 PM Member since: Sep 15, 2011
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    seniorbug = amedaus: Lost everything in GORO

    by natasha51lex Jun 30, 2015 11:32 AM
    ipdaily69 ipdaily69 Jul 3, 2015 1:50 PM Flag

    This NFLX discussion reminds me of AOL.....and its once mighty $150 billion market cap. I remember staring at AOL's stock price in 2002 and asking how AOL could be worth so much more than GM....a company that would be relied on in times of peace and in war. It was a ridiculous and the market corrected itself from the lunacy and hype.
    Regarding NFLX.....the product is OK and satisfies a demand....for now. But like AOL, I am a believer that newer technology will open alternate sources with cheaper pricing points and the consumer will adapt accordingly. My kids manage to watch free movies all over the internet and their generation gets off on this "rebellious" behavior.
    A $40 billion market cap for streaming "B" level movies. Is there an entity that would take over NFLX at such a cap.....this is the question I always ask. Tomorrow's technology could make NFLX a dinosaur. I have no skin here but IMO NFLX is more an AOL than a GOOG. But not my cup of tea.
    SORO...now that is an easier read..........just look at historical PM prices to know SORO is doomed

  • ipdaily69 ipdaily69 Jun 29, 2015 12:53 PM Flag

    Amedeus.....did you make the annual pilgrimage to Denver and kneel at the feet of the Reids....again? Did you organize another dinner for shareholders? Bet Jason refused your invitation....tough to look at the willingly duped eye-to-eye. The one dinner i sat through, Amedeus was an embarrassment....practically blowing Jason as he spoke/lied to the attendees.

  • ipdaily69 ipdaily69 Jun 29, 2015 10:58 AM Flag

    Q4 has traditionally been SORO's least productive quarter given holiday shut downs. The fact that SORO's Q1 underperformed Q4 should be noted. With all their updates....new faces, switchbacks, vein discoveries, drill results....SORO continues to tread water in terms of ounces created. With a positive cash stockpile, I can't place SORO on the "barely surviving" list of destined to fail companies....but.....SORO ticks ZERO boxes for a successful future investment. With the addition of "worker strife" to the already substantial list of red flags........NO effing WAY

  • ipdaily69 ipdaily69 Jun 26, 2015 2:19 PM Flag

    And of course....SORO warns of a weak Q2 blaming union disruptions. And Jason tosses in ratio expansion and PM weakness onto his list of his quarterly excuses and deflection of responsibility. Anyone notice the dramatic fall in base metal prices. Q2 may be frightening.
    Be patient Barry.......your big comeback might happen next decade. Keep taking advice from Joe/WhenItRainsI'llBeBroke......his track record is quite convincing LMFAO

  • Reply to

    Deflection with a capital "D"

    by engynear Jun 3, 2015 10:37 PM
    ipdaily69 ipdaily69 Jun 19, 2015 9:39 PM Flag

    Valuation will be based on scrap metal price and country club membership liquidation

  • Hmmmm........exiting late on a Friday. Bad news on the horizon????

  • Reply to

    Deflection with a capital "D"

    by engynear Jun 3, 2015 10:37 PM
    ipdaily69 ipdaily69 Jun 19, 2015 3:50 PM Flag

    The Reids hyped SORO with sensational headlines...Zero Cost, Gold Dividend, Multiple Projects, Canadian Listings....etc etc etc. And when SORO screamed out of the starting gate, they dumped shares as fast as they could....until the Baron's article shed light on the deceptions and personal gains. Dumbvestors like BarStupid ignored the the print warnings and chose to believe carnival barker Bill Reid instead. And SORO has a two handle today. Great instincts Barry.......go easy on the meds

  • Reply to

    Managing by Message Board

    by engynear Jun 10, 2015 5:47 AM
    ipdaily69 ipdaily69 Jun 10, 2015 7:43 AM Flag

    Like Papa, like son.....the Reids love them goldbug bloggers.
    Bill Reid latched onto to goldbug John Doody and configured some type of mystery arrangement that had Doody regurgitate Reid talking points to Doody's faithful cheat sheet subscribers. Except for the deceiptful claims, it was an excellent strategy ==== capture the imaginations of a most willing flock....aka...easily duped. ( I have a friend who started a mutual fund and entered a relationship with a "stock picker newsletter". Each newsletter, the chief stock picker would recommend the fund to his 30,000 subscribers, and the newsletter would receive a fee from the fund for each new account)
    Bill Reid would also quote Jim Sinclair when rising ratios or collapsing prices affected the SORO narrative. Imagine legitimate CEO's citing blogger conspiracies in order to defend their companies? In Reid land, just another day at the Golf Villa Headquarters/19th hole lounge.

  • Reply to

    30 days notice

    by engynear Jun 6, 2015 10:01 PM
    ipdaily69 ipdaily69 Jun 7, 2015 11:30 AM Flag

    Great sleuthing Engy. Uncover the signs....read the signals.
    It would appear the Reids are in self preservation mode. They stuck it to their union workers....and now they are planning to jam junior management.
    So many worthless options....so little time. Grab everything not nailed down. Bill got the villa...LMFAO

  • Reply to

    Deflection with a capital "D"

    by engynear Jun 3, 2015 10:37 PM
    ipdaily69 ipdaily69 Jun 6, 2015 2:15 PM Flag

    Do you think the many CFOs to enter and exit the SORO Worldwide Golf Villa operation share your "secure" interpretation? Is dumping assets to raise cash a sign of security? Union work stoppages a sign of security? Having only one revenue source years after promising multiple revenue streams a sign of security?
    Keep grasping. Historical charts scream PMs will continue to head south. This bubble still holds too much air

  • Reply to

    Deflection with a capital "D"

    by engynear Jun 3, 2015 10:37 PM
    ipdaily69 ipdaily69 Jun 5, 2015 5:14 PM Flag

    "Secure" SORO has gone from $29 to $2.9 in just a few years. Whatever gets you through the night terrors.
    Hate to see what "unsecure" looks like.

  • Reply to

    Deflection with a capital "D"

    by engynear Jun 3, 2015 10:37 PM
    ipdaily69 ipdaily69 Jun 5, 2015 9:14 AM Flag

    Continued.....
    Phony financial instruments get created under the guise of tools for liquidity and hedging.....but in reality....tools designed to enrich investment banks at the expense of their counter parties. Is it a coincidence Au broke out of its twenty year band of stagnation when "paper gold" was introduced into the system.
    It's amusing that goldbugs shriek about printed money and credit defaults swaps and all the other tools created to enrich the few at the expense of the masses....YET....they refuse to accept that their beloved gold was the poster child for propped up asset classes. .
    Again.......going forward.....ask yourself what will be the catalyst to propel gold? Honest markets find their pricing level based on supply, demand and profitability. And before paper gold arrived, gold found its level.......and it always will. The mid 70's gold shock.......the '07-'08 financial shock......are OUTLIER events that disturbed normalcy.....NOTHING MORE.
    Treat gold as any other commodity....NOTHING MORE.......depending on phony tools to advance your wealth is a fools game because the market will always get back to an efficient level. If you must be a gold player, at least have the common sense of patience while letting the commodity bottom out before reengaging. History has shown this is a very very long process.

  • Reply to

    Deflection with a capital "D"

    by engynear Jun 3, 2015 10:37 PM
    ipdaily69 ipdaily69 Jun 4, 2015 2:25 PM Flag

    Continued...
    The goldbugs weren't crying about "manipulation" when "paper gold," backed by very little physical gold, led the momentum charge to $2000. What gets lost in the goldbug mindset is that physical gold is now being priced on its merits....and the momentum forces that provided lift off years ago are no longer factored in the price. Paper gold is dead for now and that means this metal gets valued in traditional terms. Sorry.
    Wonder how the legions of losing gold investors this past decade feel about the myth that gold is a substitute for money. A lost generation that probably won't buy into to the same myth twice.
    Same with SORO.....Where is the second wave of SORO suckers gonna come from? Gotta laugh!!

  • Reply to

    Deflection with a capital "D"

    by engynear Jun 3, 2015 10:37 PM
    ipdaily69 ipdaily69 Jun 4, 2015 1:53 PM Flag

    Funny how the goldbugs cry about manipulation but ignore historic PM pricing charts. KITCO has a very enlightening chart in the Historic Gold Charts section....1975-2015. Give it a glance. You too may grasp the reality that PM pricing is currently in a sharp decent from bubble prices but the decent has many more legs to go.....possibly a decade plus. Funny how only the goldbugs cling to the "it will be different this time" mantra....Most knowledgeable investors recognize that all PM bubbles are spread decades apart and smart money moved out of this bubble years ago.
    Must suck be the bag holder. Turn off the lights on your way to your bankruptcy hearing....CFO

  • Reply to

    Deflection with a capital "D"

    by engynear Jun 3, 2015 10:37 PM
    ipdaily69 ipdaily69 Jun 4, 2015 11:00 AM Flag

    I guess there are more pressing issues for SORO than union walkouts, stagnant growth, CFO escapes.
    When under pressure...DEFLECT DEFLECT DEFLECT.

  • Reply to

    SORO has union issues

    by ipdaily69 May 29, 2015 4:27 PM
    ipdaily69 ipdaily69 May 31, 2015 1:53 PM Flag

    SORO CFOs' likely feel too exposed as the only outsider on the management team. When the #$%$ hits the fan, none want to be caught down wind.
    IMO....something rotten is going on inside the Golf Villa Worldwide Headquarters/Bill Reid parting gift. I just wonder what kind of "terms" Rodriguez had to agree to get get that check on his way out the door.

  • Reply to

    SORO has union issues

    by ipdaily69 May 29, 2015 4:27 PM
    ipdaily69 ipdaily69 May 31, 2015 12:58 PM Flag

    Too funny. Greg Patterson is a member of the Reid Family inner sanctum so it is no surprise Greg would redirect blame away from his relatives and onto a departed outsider. Circle the wagons and point fingers outward. ....a desperate move....a typical Reid maneuver.
    Regardless.....Rodriguez was a Reid hire. Rodriguez's bonus was a Reid decision. Rodriguez operated under Reid direction.
    Is SORO a house of cards? What is that stench?

  • Reply to

    SORO has union issues

    by ipdaily69 May 29, 2015 4:27 PM
    ipdaily69 ipdaily69 May 31, 2015 10:48 AM Flag

    In the past, I have categorized SORO as the Reid Family ATM and they continue to provide credibility to my statements. Their arrogance is epitomized in their latest latest PR ........In one sentence, tabulating shareholder dividends...the next sentence, soft selling union action against the company. Talk about tone deafness.
    Four CFO's, insider sale of assets, union issues, 3rd world country, incestuous management out of its depth, pretend gold===== penny stock. Not much of a surprise. And the dupes remain on this sinking ship...LMFAO

  • ipdaily69 by ipdaily69 May 29, 2015 4:27 PM Flag

    Managers fill their pockets while stickin it to its union workers. Reids in action.
    PS......who knew SORO had 300 union workers. The question has to be asked...So many workers, so little gold.
    PSS...I have always had suspicions that more concentrate was being created but kept off the books. Seeing the size of the workforce, hard to believe such big numbers are needed to create so little metal. Hmmmm

  • Reply to

    Be Ready!

    by cammiesimoes6706 May 19, 2015 10:10 AM
    ipdaily69 ipdaily69 May 20, 2015 3:02 PM Flag

    And you can get all the Shangrila you want for $3.18.
    And how bout that new sheriff ....aka....Daddy's Little Helper. Jason Reid was installed as CEO on 9/10/13 with a closing stock price of $8.31. And on Jason's watch, SORO has fallen 62%. The only player doing worse with their SORO is BarStupid...with an 80% hit.
    What else you got Always Wrongadeus? Heading to Denver next month for your yearly SORO pilgrimage....renamed Death March of the Willingly Duped.

GORO
2.59-0.09(-3.36%)Jul 6 4:00 PMEDT