dividends fast or they'll be in financial trouble until oil starts to climb back". He was rewarding Sea drill for it's divy cut and praised management for making the that hard decision early. Sea drill is ahead of the game by doing so and when others finally resort to the facts they need to do the same, investors will come to SDRL as we've already past that hurdle and have contracts in hand for next (2) years.
Cleaning the air
Keenly aware of growing public concerns and discontent as well as the health threats posed, China's central government has enacted a series of measures to reduce carbon emissions and air pollution. These include instituting a lottery system that strictly rations new car sales, from which EVs and other "new energy" vehicles, including plug-in hybrid electrics (PHEVs) and fuel cell electric vehicles (FCEVs), are exempt. New energy vehicles are also exempt from a tax on new car purchases.
Adding to the clean, alternative fuel vehicle incentives, government subsidies can cover as much as half the cost of an EV purchase. The Chinese government is also removing heavier polluting older cars from Chinese roads. As many as six million could be taken out of circulation, according to one news report. Government authorities in Beijing also have restricted vehicle access into the city center during rush hours.
Taking another step to follow through on its latest five-year plan target of producing 5 million EVs by 2015, China's national government on July 13 announced that at least 30% of new vehicles purchased by local governments, public institutions and publicly funded organizations must be EVs or other new energy vehicles, according to a Xinhua English news report.
It would seem to be close to break even. s
Sell unwanted assets to cover the small shortage that was originally quoted. These PR are important to re read over and over. The initial context always sounds harsh when a reduction is involved but many fail to grasp the entire body of the message. They are fine and living in Nevada and watching the crews every day continue there normal duties and the surrounding communities slowly grow can only mean one thing Gold is still necessary.
Our mining rates have now returned to planned
levels. On the process side, acid leach has a slow percolation rate that requires us to slow solution flows to
ensure no ponding or channeling takes place on the leach pad. Because a majority of ounces placed on
the pad in mid-October and November were acid leach material, we did not see solution breakthrough as
quickly as we anticipated based on our leach curves. We have now begun to see release from the acid
leach material, though we estimate it is approximately one month behind expectation. The ounces that
were expected in November and December from that material are now expected to be released from the
leach pad in the first quarter of 2015. As a result, we now expect 2014 full year metal sales to approximate
210,000 to 220,000 ounces of gold and 1.8 million to 1.9 million ounces of silver, which is lower than our
previously expected range of 220,000 to 230,000 ounces of gold and 1.9 million to 2.0 million ounces of
This will bounce right back and my $1.43 cost average will be fine! It extends the process by weeks, BIG DEAL.
10K ounces of GOLD and SILVER just moved to 1st Q in 2015 so business as usual.
for 50,000 shares at $1.50 because they knew they couldn't get that size order in without disruption or simply read the news carefully and jumped back in. They didn't mind the $0.13 gap to get in. All these large buy blocks followed by several 100 share blocks are a tell of what's coming and this is not selling off.
The share price of Allied Nevada Gold Corp. NYSEMKT:ANV jumped +16.11% today, bouncing back after plummeting yesterday. The gold and silver producer, a holding of both George Soros and John Paulson, has rallied +42.92% within the past five days.
Go ahead and sell they're not going anywhere nor should the smart investor.
The legislation would finance the day-to-day operations of every Cabinet department, provide more than $5 billion of Obama's $6.2 billion request to combat Ebola at home and abroad.
That figure doesn't say millions but billions. Sure the media has been forced to quit covering Ebola but it's spreading as fast or faster than AIDS! It's just a matter of time. The increase in PPE will be mentioned in this weeks CC and should begin an increase in revenues not seen by LAKE ........EVER!
It was only in October of 2014 when Lakeland was inundated with new orders for PPE to fight against Ebola. They wont be able to keep up with current levels on hand and are forced to work around the clock to assemble suits in China for demand. Those #s will be announced at CC.
Shares Short (as of Nov 14, 2014)3: 1.49M
Short Ratio (as of Nov 14, 2014)3: 0.40
Short % of Float (as of Nov 14, 2014)3: 29.40%
Shares Short (prior month)3: 1.52M
It sets up any beat from LAKE for a squeeze with only 4.5M shares outstanding hence the volatility to the upside whenever good news surfaces! Bet in now and thank me later!
"Monthly production capacity for sealed seam ChemMAX and MicroMAX protective suit lines has increased by nearly 50% from August 2014, prior to Ebola-related product demand, to October 2014, and is on track for a 100% increase from that level by January 2015, with the ability for additional increases as needed," management said.
It will be exposed and the orders will be recorded and LAKE will increase by 40% of today's share price value!
Pesident Barack Obama on Friday hailed a budget compromise that many of his fellow Democrats opposed, saying it is a product of both sides working together.
"This is by definition a compromise bill," Obama told reporters as he met senior aides to discuss the U.S. fight against the Ebola virus. He said it was the type of legislation that is produced from divided government.
Obama said the $1.01 trillion legislation contains funds necessary for the fight against Ebola.
"We've got to stay on this," he said of the Ebola outbreak in West Africa. "This is not a fight that is going to go away any time soon."
Senate likely to pass
The very first issue in the article which carries the most weight for the entire spending portion!
"Other high-priority items include nearly $5.5 billion to help contain the Ebola virus, including Defense Department efforts in West Africa."
That's BILLIONS in case some at CNBC fail to get the news right!
had several orders booked but was struggling to get necessary parts in to complete. Then without news or even good 3s at ER the price sitting at it's 50 day ma shot up as investors realized those orders would be filled. Lakeland has given investors the same scenario with necessary overseas production increase to keep up with demand , 1M suits PPE already being assembled for delivery, and more orders coming in than they can keep up with, and now a large portion of debt paid off. It will take all of PPE manufacturers running at full capcity to supply the world with the proper PPE to combat this epidemic. even 100M in orders with a outstanding share count of only .3M and 1.26 of them swallowed by shorts for this to hit $30 in 3 days!
Many bashers on the DGLY board saying the same things they are here missed a $12.00 move in just 4 days when price went from $11s to $23!
LAKE is in the same position and is volatile moves come fast and furious, wait till this gets closer to ER in FEB. might be sitting at $30 already and expect new highs if media finally starts covering EBOLA again as it is out of control but they refuse to cover the stories. It will hit US again as our serviceman and women are there now burying bodies and assessing damages!
Really, that's your take, it shows just how stupid you are! First Lake pays of substantial debt like repbutable companies do, then inform share holders that two(2) increases have been necessary to keep up with demand. Then factor in the sales have not hit the balance sheet as of this last Q.
So, what do think the bottom line will look like in Feb. when all these sales are logged and credited in Lake's books? Look here you stupid short, this company is going to skyrocket very soon and when the PR announces those PPE suits have shipped along with a new booked orders # you'll be 100% broke! Keep shorting please as it will only help me take more of your dollars IDIOT!
Income Statement Get Income Statement for:
View: Annual Data | Quarterly Data All numbers in thousands
Period Ending Jul 31, 2014 Apr 30, 2014 Jan 31, 2014 Oct 31, 2013
Total Revenue 24,610 23,507 22,221 22,787
Cost of Revenue 16,548 16,407 15,972 17,745
Gross Profit 8,062 7,100 6,249 5,042
Research Development - - - -
Selling General and Administrative 6,595 6,518 - -
Non Recurring - - - -
Others - - - -
Total Operating Expenses - - - -
Operating Income or Loss 1,467 582 (389) (1,030)
Income from Continuing Operations
Total Other Income/Expenses Net (494) 81 (174) 173
Earnings Before Interest And Taxes 973 663 (563) (857)
Interest Expense 683 640 796 649
Income Before Tax 291 23 (1,359) (1,507)
Income Tax Expense 676 23 252 329
Minority Interest - - - -
Net Income From Continuing Ops (386) (0) (1,611) (1,835)
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
Net Income (386) (0) (1,611) (1,835)
Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares (386)
The notice of effectiveness is a public declaration by the Securities and Exchange Commission that a public company's registration statement has been accepted.
For shares in a public company to trade on the open market they must be registered by the company. These registration statements are reviewed by the Commission for a period of time before approval is given, and this notice marks the successful completion of this review process.
Just one other thing. As I stroll through all the new car dealerships Toyota, Nissan, Ford, Dodge, Chevy, Audi, VW, BMW, Mercedes Benz, Haundui, Cadillac, Jeep/Chrystler, and all the others I see another "common" ...100% of them require gasoline. So the electric vehicle market is still priced much too high for the average 99% of the worlds population. This so called gas glut that suddenly appeared as we near elections in 2016 will play out to favor someone. Who, I couldn't tell you. But if the Democrats new there was this much available oil sitting around the world while Americans were paying $4.50 a gallon for gas in September 2008, loosing their jobs, homes, pensions and watching the market crash and did nothing i fell sorry for them at the polls next time around. If all it was was a game and now suddenly there's so much oil that inventories are are at record levels they look even more stupid. The threat of large corporations boing out of business here in America as Saudi Arabia pumps billions a day for roughly $7.00 per barrel and can supply the worlds demand for life then were all doomed!
That ain't going to happen nor will the billions in taxes that these corporation pay to this nation be eliminated!
to the American people and gouging the pockets of their own for personal gain. Or there really isn't as much oil as they are leading the world to believe and the $100.00 barrel is coming back soon. Regardless it demonstrates how trust in any nation is and will be cut as this game plays out. Who will suffer the greatest amount not the wealthiest non the oil companies not even the government but once again the American middle class. The very backbone of this once great nation as the smoke will rise and suddenly oil will be in shortage again. HERO is very cheap if this turn around happens in 3-4 months or our government will allow the destruction of every American oil company and driller and many more families with pensions tied to oil companies will be extinct!
This post belongs on top because it's facts are true and the insider purchase of 10% was done well in advance of the turn around. What I mean is, they wisely purchased at or near the bottom at least a month or so before oil begins to slowly creep back up. These BOD are well aware of the need for their rigs and the proper location that benefits Hercules the most. This post is right on the money and $5 is very possible by mid to late 2015. Oil dictates economics and if it was to continue lower many nations would begin to consider war as their dependency on oil revenues is life or death. Fantastic write up by someone who knows the company and it's furure.
BUMP TO TOP EVERY DAY!!!