Thanks for pointing them out. In looking at one of the video, I'm wondering why they have the crusher on the opposite side of the mining pit. Seems like they are hauling the ore a long distance.
Price is taken down below 1.60 and then some stronger buying comes in. Could be someone positioning themselves for a strong report in a couple weeks.
Sentiment: Strong Buy
jh, Well since you didn't show much sense in selling at $5+, then I don't put much value in your "industry" experience.
When dealing with Investment Bankers, they are looking for some way of collecting fees for debt or equity offerings.
Possibly, but 20 contracts at $.10 ($200 + comm) doesn't exactly mean they're going all in. :)
Considering '13 second quarter was a loss, they should have a very impressive comparison coming out in a couple weeks. Hopefully there will be some guidance (not expecting) going forward to jump start the stock.
Sentiment: Strong Buy
Just went to the website. I see nothing about them loading ore onto the pad. An update 2 wks ago stated they had a stockpile of ore next to crusher and that the Process Plant and Assay Lab were under construction.
In reading the recent Seeking Alpha write-up on Quanta (PWR), I thought this statement was of interest concerning Fixed Priced contracts:
"Where Quanta and all other contractors face the most risk is in fixed price contracts that are aggressively bid. With the potential for cost overruns and delays, fixed price contracts are margin killers should competition in the marketplace be too extreme."
Would like to see if get above 1.75 and hold above this level. Nice volume the last couple of days. Something tells me GV has been mentioned in some obscure newsletter again, similar to last Oct action.
Someone picked up 10k this morning at 1.56. Could see a nice upside reversal today on decent volume (70k+)
I think if they can show that the VC/Collaboration business is starting to take hold this will be a positive for the stock. In my revenue estimate, I'm going on the assumption that this is the case. If the revenue growth is not there, then the earnings will be hit, as the Operating Expenses (RD, G&A, Marketing) have grown with the acquisitions, and rollout of new products.
If things turn sour, the stock probably has a natural support at $8, since the company will be buying to keep it north of that level, since Ed Papa Bagley has a buy program for anything below 8.
No opinion of YHOO. My primary holdings are in GV (Goldfield) at the time. A $40 million micro-cap in the Electric Construction and Transmission business.
They need to start showing results of their VC business: Here are some estimates. Not sure how accurate with the new acquisitions over the last year.
Revenues: $13.5 million
EPS: $.11, which is flat from last year.
fsu, lets just start with the $1 stock price based on Kiewit. I'm assuming you've done some extensive analysis to come up with your projection. Would you be so kind to share with the rest of us?