Recent

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

Валгрин Ко. Message Board

steverbush 16 posts  |  Last Activity: Sep 2, 2015 10:19 PM Member since: Aug 18, 2008
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • steverbush steverbush Sep 2, 2015 10:19 PM Flag

    Look at EGO. (Eldorado Gold). Took a recent beating and fell from $4 to sub $3 due to the company suspending its operations at Greece. I'm not going to get into the whole thing about why....read up on it, but suffice to say, once it is settled and operations resumed, this one is going to have a very nice rebound back up. It's current value even without the Greece operations is $3.55 per share, so at the current $2.85, very undervalued, like most PM's out there. EGO has a very strong balance sheet and is a solid growth producer. Other to look at....Romarco Gold which is currently under a possible acquisition.

  • Reply to

    sells

    by timothymohr Sep 2, 2015 2:12 PM
    steverbush steverbush Sep 2, 2015 10:05 PM Flag

    Well no, it's not the only thing. This is simply my opinion, only because I am seeing it happen to me in one of my other PM's to the point where I am gradually joining the crowd.......there are lots of PM's out there and there are certainly healthier ones with more upside than this one. So if an investor is looking to find the most bang for his invested buck, why sit in the less healthy one with less upside? So you see investors exiting, even if it is at a loss and buy right back into another with the plan of making up the loss faster. They are all beaten down at this point, so may as well get in one that has more hope for a quicker recovery. That, I believe, is the current mindset of those getting out of this one. Loyaltty as a long should have its limits. That limit was passed some time ago. At some point you simply have to cut the cord, unfortunately.

  • Reply to

    Where is the $4.00 guy at?

    by devilswinning666 Aug 26, 2015 1:41 PM
    steverbush steverbush Aug 26, 2015 1:59 PM Flag

    One of the best under $10? Says who? Maybe back at one time, but can't agree anymore. Detour Gold would be at the top of that list, but it is only briefly sitting under $10 at this time.

  • Reply to

    Who are these criminals

    by anshumansrivastava1294 Aug 25, 2015 9:06 PM
    steverbush steverbush Aug 26, 2015 11:37 AM Flag

    I don't know what the answer is at this low level, because it is not just this gold stock. I am underwater on 8 of my 11 holdings. Trying to decide on my weakest underwater one if I should exit half of it and put into one of the other underwater ones that I feel has more upside. I guess i am waiting for a bounce to the upside for a better exit even though it would still be selling at a loss. The one thing I do still believe is that gold will see its day.

  • Reply to

    Who are these criminals

    by anshumansrivastava1294 Aug 25, 2015 9:06 PM
    steverbush steverbush Aug 25, 2015 10:57 PM Flag

    So you got in at $4 when most of us long time holders got out at $4. How much research did you do before getting in at what looked like a bargain price at the time? There is a good reason for our exit and the subsequent huge drop since then. This company is stagnant and no longer the growth gold miner it once was. It pulled the final straw in January when it sold 50 million shares at $4.45 and while it never said why, it is highly suspected it was done to pay off a $244 million breach of contract suit against them that they hid for years from shareholders. The company is hated by investors and especially institutions right now and I suspect if you are determined to stick it out, you will be invested in this a long, long time before you recover what you have lost. "THE MOST" upside as you state doesn't always pan out when underlying factors are at play. I am not a basher. I am in a bunch of gold mining stocks and this once was one of my big holdings. So when I saw it reach $1.88, I thought I'd take a look at this board that I haven't been to since I exited to see what the sentiment was. Good luck to you, but my advice......there are surely a bunch of better miners you could be in currently in this beaten down sector that will be bounce back faster than this one.

  • steverbush steverbush Aug 21, 2015 10:17 AM Flag

    Are you that naïve? Shorts could care less if we are all positive. Take a look at the bigger picture. There is a concerted effort to drive down all bios, not just this one. They will play them down for a stretch, then let it run again. If you believe in the stock, just hold tight and ignore the games.

    Sentiment: Strong Buy

  • Reply to

    To all my Bag Holder friends....

    by semanresu Aug 19, 2015 10:16 AM
    steverbush steverbush Aug 19, 2015 9:28 PM Flag

    No doubts in my mind that this is a coordinated takedown to shake weak retail and allow the big boys to acquire cheaper shares. Nothing fundamentally has changed to warrant the drop. My hope is that enough retail scoop up these on sale shares to throw a wrench in big boys takedown/ buy in scheme. Also hoping it stays down here a little longer for me to free up funds and buy up lots more.

    Sentiment: Strong Buy

  • steverbush steverbush Aug 19, 2015 11:25 AM Flag

    Time for you to go back to your van.......DOWN BY THE RIVER!

  • Reply to

    To all my Bag Holder friends....

    by semanresu Aug 19, 2015 10:16 AM
    steverbush steverbush Aug 19, 2015 10:36 AM Flag

    HaHaHa!
    Time to put down the bong, quit following your supposed trading tip sheets blindly and do a little reading on this company. Just a little bit of knowledge will scare you to cover.

  • Reply to

    To all my Bag Holder friends....

    by semanresu Aug 19, 2015 10:16 AM
    steverbush steverbush Aug 19, 2015 10:24 AM Flag

    Most of us "bag holders" are in this at half the current price, so not worried. You on the other hand should consider covering your short and Get Out while YOU still have something.

  • steverbush steverbush Aug 19, 2015 10:07 AM Flag

    It is on very low volume, so this is a methodic, coordinated takedown and it's pretty much the whole bio sector. Buying opportunity.

    Sentiment: Strong Buy

  • steverbush steverbush Jul 31, 2015 4:09 PM Flag

    Nice try on the bash attempt. You fail to mention the average mine has a 1.06 g/T. 2.1g/T is pretty good and throwing out extreme examples that maybe fall in the 1/2% of all mines out there as you have shows me your agenda. The 2.1 grade is considered high grade in this environment and with an 84% recovery rate by RTRAF, also high, they come in at a low cost of $477 per ounce mined. Romarco is also fully funded, permit work is done, and being in S.Carolina, doesn't have any of the political risks that mines in Africa or Mexico have. Spin it any way you want, but it is an attractive acquisition and just wait for the bidding war to commence now that the first bid is in by Oceana.

    Sentiment: Buy

  • Reply to

    Must be getting ready to go much higher

    by studebaker1940 Jul 30, 2015 1:52 PM
    steverbush steverbush Jul 31, 2015 10:28 AM Flag

    I don't mind reading other points of view, but I am extremely skeptical of the brand new ID that just showed up in the last 2 days. AU###### is bringing up the same "talking points" over and over again in his posts. It reeks of an agenda, especially since he is trying so hard to "warn". A master soft basher in my opinion.

  • Reply to

    Romarco Sold

    by billeesands Jul 30, 2015 9:03 AM
    steverbush steverbush Jul 31, 2015 10:00 AM Flag

    No, I said the "value" of our shares in the deal are bid at $0.523. Doesn't imply we get or hold that price since it is an acquisition, not a buyout. I still believe we may see competing bids since Romarco is an attractive acquisition.

    Sentiment: Buy

  • Reply to

    Romarco Sold

    by billeesands Jul 30, 2015 9:03 AM
    steverbush steverbush Jul 31, 2015 12:31 AM Flag

    It is not sold, and $.68 a share is wrong. This deal is an acquisition and it has not closed yet and likely won't for a couple of months. It is my understanding that there can and quite possibly will be competing bids. Oceana though put in a bid with a fairly high premium ($0.523/ share U.S. value) over previous closing pps ($0.306) for RTRAF when deal was announced, so they are serious about attempting to discourage other bidders, but we shall see.

    Sentiment: Buy

  • steverbush steverbush Jul 30, 2015 3:57 PM Flag

    Despite your "shouting" in CAPS, your assumption didn't hold up. All in sustaining costs are now $1030 and as a result, this past quarter turned in very solid results. Today's jump in pps supports the results released. I expect we will continue the march back to $11.

    Sentiment: Strong Buy

WAG
0.00(0.00%)