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Electronic Arts Inc. (ERTS) Message Board

monkabc3 35 posts  |  Last Activity: 23 hours ago Member since: Dec 15, 2009
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  • Reply to

    Why do they wait to the last day ?

    by wulli888 Oct 20, 2014 1:45 PM
    monkabc3 monkabc3 23 hours ago Flag

    I can't see any advantage. In negotiations, I can see the "We don't have to make this decision at this point." being an advantage but now I imagine the tides are turning on that tactic. I sincerely hope that the shipyard has been selected and at this point they are tweaking and finalizing the financing. Hope, hope, hope. Come on Mike and Shontel... put it to bed.
    P.S. Tell us about it.

  • Reply to

    Stock Jockeys

    by monkabc3 Oct 9, 2014 3:44 PM
    monkabc3 monkabc3 Oct 17, 2014 3:36 PM Flag

    99 Jitney The Jitney Group Inc.
    They have a sell order for .485 and have had a buy order for 500 shares for .50 for a while now. Just trying to putting a name to the silliness...

  • Reply to

    Stock Jockeys

    by monkabc3 Oct 9, 2014 3:44 PM
    monkabc3 monkabc3 Oct 16, 2014 2:09 PM Flag

    There are 12,000 shares up for sale to .53 on the TSX, then a nice big block of 156,500 spread out between 4 brokerages. I can't see who is selling what but I would bet big on some computer based trading that if we hit a fill at .53, all those 156,000 shares will pop up to .54, then 155,500 at .55 and so on. Could be wrong but I've seen the pattern before.

  • Reply to

    Depreciation on the income statement

    by douglas_demaio2003 Oct 15, 2014 1:51 PM
    monkabc3 monkabc3 Oct 15, 2014 4:20 PM Flag

    Our amortization schedules are probably very close to those of the US. From an accounting point of view, I would say that the useable life of the equipment starts when the equipment is put to use, testing I would put in the manufacturing process for that asset. I would also want the depreciation written off when we have income from operations to write it off against. The hopeful money from escrow would be the proceed of the sale of an asset but the expense incurred in order to build that asset to a salable asset could be amortized.

  • Reply to

    persistence of ore-sediments "post-cutting"

    by dagwort Oct 10, 2014 1:49 PM
    monkabc3 monkabc3 Oct 10, 2014 6:07 PM Flag

    I don't know, they people that designed the cutting heads must have had parameters. SSD, or anyone with the knowledge of deep diving? Much current down there? Temperature difference is massive, will that create unusual currents? Marko, footage I've seen of the big island expanding underwater didn't seem to create anything unusual. Good questions, one for the engineers and divers. I'm hoping that after 13 years and what will be around $600 million they would have thought about that.

  • Reply to

    Fast Forward

    by seanncn Oct 10, 2014 12:31 PM
    monkabc3 monkabc3 Oct 10, 2014 5:56 PM Flag

    Don't pay any heed to that stuff Sean.
    After Solwara 1 they have all the rest of the Solwaras (up to 19 I believe) that have been thoroughly charted. Solwara 1 definitely has the highest concentrates that they were able to sample and is at an "easy" depth of 1600m vs. 4000m at Clarion-Clipperton I believe. Ah, it is all becoming a blur, old age and the years and years Steve and Mike have taken to get this going...
    I think they would stay local and mine the whole site. Before moving to deeper depths, different countries, different contracts, agreements, permits, more machinery,etc..
    As per all this talk about PPS... for me, it is a 'counting your chickens before they hatch' thing. I think speculation about their PPS over three years from now... well, there is a lot of hurdles the company has to overcome before then. Lets get that ship announced!

  • Reply to

    Short bet

    by maui4marko Oct 8, 2014 1:22 PM
    monkabc3 monkabc3 Oct 10, 2014 1:16 PM Flag

    Here is the news feed from Scotia:
    NAUTILUS MINERALS IN ("NUS-T;NUSMF-0")
    - OTC Short Positions on 2014/09/30 320,407 11,369 0.48
    //st
    Net Total Last Total Price
    Date Change Shorted Price Volume Range
    ----------------------------------------------------------------------------
    2014/09/30 11,369 320,407 0.48 409,300 0.47 - 0.49
    2014/09/15 -1,540 309,038 0.48 425,800 0.48 - 0.49
    2014/08/29 -13,658 310,578 0.48 969,200 0.48 - 0.50
    2014/08/15 38,798 324,236 - 653,700 0.48 - 0.51
    2014/07/31 55,207 285,438 0.48 826,300 0.48 - 0.50
    2014/07/15 4,299 230,231 0.51 650,900 0.48 - 0.51
    2014/06/30 172,492 225,932 0.48 1,250,300 0.48 - 0.52
    2014/06/13 38,580 53,440 - 796,700 0.47 - 0.50
    * - Indicates that the closing price used is the last non-zero
    closing price and is not the closing price on the report date.

    320,407 - Quite a change from the 5,700 I believe from 6 or so months ago.

  • monkabc3 by monkabc3 Oct 9, 2014 3:44 PM Flag

    They managed to move NUS 7% down today by selling themselves 26,000 shares. Be steadfast. Surprisingly it seems to be coming out of Merill Lynch Canada (39) along side the always P.I.T.A. Anonymous brokerage (1).

  • Reply to

    Short bet

    by maui4marko Oct 8, 2014 1:22 PM
    monkabc3 monkabc3 Oct 8, 2014 1:53 PM Flag

    Nope. Couldn't if I wanted to. Canadian Brokerages don't give margin to anything under $2. Yikes, if they did I probably would have more than double my share count!
    I don't like this delay. Everyday they don't announce, is another day something could happen to decrease the PPS (like the current gold/metals crash). What we are seeing is over-extended people having to cash in one stock to pay for margin calls on another. Someone sold 78,000 today... just weeks before the announcement. Shame.

  • Reply to

    Ship

    by awatch3r Sep 24, 2014 2:27 PM
    monkabc3 monkabc3 Sep 30, 2014 2:31 PM Flag

    Finally! Something good about being a Canadian investor! None of that silliness up here. :-)

  • Reply to

    Ship

    by awatch3r Sep 24, 2014 2:27 PM
    monkabc3 monkabc3 Sep 25, 2014 7:09 PM Flag

    Hey cmilteer3, I understand your point but I would also use it for mine. Those big hitters have 200 million shares. What keeps a share price level or going up is keeping the investment community aware of how great your company is doing (the things I mentioned before). Talking to "The big boys" may stop them from dumping their shares but it does nothing to increase the share price. Not promoting and marketing the company means the share price stay even or goes down. So, they poor management style they are employing directly effects those big players to the tune of 200,000,000 x PPS. Collectively management should have "three or four" big shoes up their but. If they promoted the company properly the dilution could have been done with a lot less shares or made a lot more money. If they want to raise more money the higher the PPS directly impacts that goal. If management is messing up, it then falls to the board to correct the issues.
    I disclosed before but it was a while ago... 276,500 shares, holding until after ship announcement, then re-buying before ship hits water (which might end up being a challenge considering recent trading volume).

  • Reply to

    Ship

    by awatch3r Sep 24, 2014 2:27 PM
    monkabc3 monkabc3 Sep 25, 2014 12:41 PM Flag

    That is a very plausible theory. I hope there is some pump that goes with the announcement that will create a larger spike but it is good to keep one's head in check with a justifiable opinion like yours. They needed to keep the pace up. New contract, money to escrow, new ship contracted. Bang, Bang, Bang. All surrounded with positive forward looking statements, internal win announcements, continuous progress reports on reaching milestones. Enough noise to stay in the ears of the larger investment community for more than a day. This cone of silence that NUS seems to enjoy between conference calls is terrible business. Really, really bad public company management. The fact that they employ a person whose responsibility is "Investor Relations" and that they employ a person who is supposed to promote the company... where are they and what are they doing besides NOTHING. At what point are Geoffrey, Dr. Mohammad and Mark going to notice(?!) and make a difference in the company. A board exists for a reason other than ownership, cognac and cigars.

  • Reply to

    Ship build partner decision any day now.

    by walter_j_n Sep 22, 2014 9:57 AM
    monkabc3 monkabc3 Sep 22, 2014 4:57 PM Flag

    October!!!! FTW! Oops, 8 days to early...

  • monkabc3 monkabc3 Sep 18, 2014 11:48 PM Flag

    What PR department? ;-(
    I think they had a meeting of the board and decided that seabedmining was doing a good enough job for them.
    Thanks as usual SBM. :-)

  • Reply to

    Soon.

    by bty330442 Sep 10, 2014 2:42 PM
    monkabc3 monkabc3 Sep 10, 2014 6:28 PM Flag

    Then there's ME! LOL!
    PNG would be very cool SSD. Celebration then have an investors meeting where we could all decide when we are going to sell our $200 shares! You, Gunnar and cmilteer would be coming from the States right? Marko representing the Islands. Bty could be a token rep for Spain from his frequent trips to Gomorrah.. I mean Benidorm. I'd stereotypically bring the back bacon and maple syrup. Anyone else want to get a shout out for their country? We have a lot of the world represented, another thing that makes this board unique.
    +1 for your post SSD. :-)

  • Reply to

    Soon.

    by bty330442 Sep 10, 2014 2:42 PM
    monkabc3 monkabc3 Sep 10, 2014 3:34 PM Flag

    There certainly will be celebrations happening everywhere for everyone holding NUS if they manage to pull up the concentrates they have found in some of the samples. Personally, I am going Ice Bucket Challenge Maui4Marko unless he has a heart condition and do Jager shots with SBM to get it started.
    Johnston is incompetent in many ways as a business man and CEO, BUT he amazingly pulled us out of the abyss with the signing of the new contract that gives NUS more than before. That one is a real head shaker for me still. So, I am going to give him another chance. Making the investment community nervous by narrowing the gap between tender and due date is his next folly. With all the time they had when we were waiting for arb, then after arb. they should have been working on the ship contract. Shipyard selection IMO should have happened by now. Announcing as soon as possible would also give PNG more time to exercise their opportunity to take the next 5%, 5% and 5%. Like Jeremiah, I am "all in"... when it comes to my medium to high risk portfolio allocation, have been since the dilution. Not buying anymore, I have... lots. I am 99% at ease with my NUS investment. I am 2% at ease with current global socioeconomic and political stability. War with ISL (and possibly N. Korea), pestilence in Sierra Leone (and others), famine in Africa (and elsewhere), sloth in America, the list of horsemen goes on and on and I haven't even read the bible. LOL... kinda. Hey bty, why do the Scots want out so badly? Seems like a losing undertaking, did England do something to get their hackles up?

  • Reply to

    Decision time for Nautilus?

    by seaminer2 Sep 7, 2014 3:58 AM
    monkabc3 monkabc3 Sep 10, 2014 12:23 PM Flag

    You will need to build up excellent credit, which also takes money. Show the banks that you can easily pay off loans. Start small, get as many "doors" as you can. After some hard work and good investing, you can choose to work or not as you will be asset rich and the rental income cheques will keep flowing in. BUT you have to think long term, a 20 year goal perhaps. Get as many opinions from successful people as you can. I can't see the future. but I believe there will be a major interest rate issue like back in the 80's. History almost always repeats itself. The current 1st world borrowing scenario isn't sustainable. So you will have to keep that in mind. Don't over extend. :-)

  • Reply to

    Decision time for Nautilus?

    by seaminer2 Sep 7, 2014 3:58 AM
    monkabc3 monkabc3 Sep 10, 2014 12:10 PM Flag

    Well done Jeremiah. Diversification is really important. Remember, "Cash" is true diversification. When managers feel that a correction is imminent, they go 75% or more cash. Can't "buy low" if you don't have any cash. I feel the same way about the correction/crash. Other than NUS, I am out of the market completely as a trader and bouncing in and out of major gold producers as they have been crushed. Look for irrational dips, get in and get out or just stay out until a nice juicy correction happens. Unfortunately, the market volitility created by war turns out to be great opportunity for investment. I'm like Gunnar, I tell (warn) you not to invest in high risk only, but my portfolio is brimming with NUS shares. I also, am a hypocrite. P.S. - Work towards income generating real estate. Have other people pay off your mortgages, don't over extend. GL!

  • Reply to

    Decision time for Nautilus?

    by seaminer2 Sep 7, 2014 3:58 AM
    monkabc3 monkabc3 Sep 9, 2014 2:17 PM Flag

    I know Gunnar I remember it well. I was typing pretty much the same thing at the time but you beat me to the punch. :-). With the commissions and borrowing rates and the instant, infinite knowledge of the internet for people in this demographic, all you have to do is make some wise decisions and you are guaranteed to be a millionaire by 40. I completely agreed with your advice to Jerry both in its content and delivery.
    Jerry, if you are going to do this, have fun. Go to Vegas, you can drink there now, and put it all ("All In Baby!") on Black and you will DOUBLE your money in seconds!
    Ah well, you are not going to change. So may as well keep it positive. Good luck man, good luck to us all, I think everyone here has had enough bad luck in our lifetimes. That's my point I guess.
    Jerry, read "The Wealthy Barber". A virtual road map for someone your age to become very wealthy in life... no risk.

  • Reply to

    Decision time for Nautilus?

    by seaminer2 Sep 7, 2014 3:58 AM
    monkabc3 monkabc3 Sep 9, 2014 12:34 PM Flag

    Broke at 21... What a crushing blow. What will you ever do?!
    Hey, losing money is never fun, but you won't find a shoulder to cry on here. You have been given great advise Jerry about what not to do with your money when you are your age but you are going for the non-diversified, high risk-high-reward investment strategy. How did the economic collapse of 2008 treat you? Oh yah, you weren't old enough to trade... Some of us lost a lot Jerrry. Some lost here at NUS, some lost everywhere else... badly. Get a wife, get some kids (dependents) then "go broke". Age a little for us will you?

EA
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