quote:Originally posted by SherriT: Anyone for eyes too? ;-)
This stock has had me cross-eyed for a while
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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I listened to that interview a second time and took careful notes.
* Larry did mention they could go to 3 or 4 shifts. Manpower in china will be no problem. To that point, Larry mentioned the China government and people have been very amenable since this project should employ a lot of people.
* All China Government signings are completed. If there would be a worrisome potential hold-up that would be it. What is still needed is Hui (DAK owner) needs to sign final legal papers on August 2nd or 3rd of this week. At same time EQBM makes first payment which as jrdig has said over and over again makes this deal finalized.
* China took over this mine in 1950 after Chinese Revolution. They have dinked around with it and used to try arsenic to mine Tailings. Not very successful. DAK bought in 1997. There are 5.2 million tons of Tailings on this land. That is a lot of Tailings. 4 story building is on site with equipment already in it. DAK has been close to $400,000 per month in the past. Several lines and shifts to be added once EQBM enters the picture.
* Larry said in interview that Revenues will be immediate as in October and November timeframe. It won't be at full production levels right away but that should happen by February timeframe. Low yields would be at $710,000 levels per month, average yields would be $1.5M levels per month, and max yield levels would be $2.6M per month. I believe China is Southern hemisphere which means their winter season is opposite what we have here in the USA. I am not sure from the interview if they go into lighter yields during cold months and yield maximum hauls in warmer summer months to equate out to the expected $19.2M per year figures? Something we can hopefully get from Larry down the road. Things to remember are some levels of Revenue could start showing up in October and maximum yields should be around February if all goes well and according to what Larry has discussed.
* Financial Statement in next 30 days. Larry said roughly 400 M shares in Outstanding Float with 100 million going into Preferred status pulling O/S float numbers to 300 M. We will see if that is the case when Financials are released.
* Frankfurt Trading due to Larry having extensive relationships over in Europe as he lived there in the past. Larry said in interview that he is very well connected in Zurich, and that in the past he has worked with bankers there to fund other projects he has done. Currently has $1M in Escrow for Dalian Project. No trades yet on Frankfurt but hopes to have that going soon. Morgan Stanley was one who brought this project to Larry's attention. I believe Larry said he only has one MM signed up in Frankfurt for trading to date and that it is RG Securities. Could be wrong on that but I think that is what I heard.
* Larry mentioned that he thought shorts jumped the stock when it was around $.06. He said anyone shorting better hope they have the shares if they have not been borrowed. When asked why anyone should be interested in his stock he said they should because the price has been beaten way up to only be at $.006 and that is when he mentioned the potential of naked shorts. On that note talk is cheap and Larry holds the firepower within his own control to blow any possible shorts and manipulators out of the water. Things I would suggest to Larry to blow any price manipulators out of the water are finalize the China Project this week and PR it like suggested by jrdig, produce Financial Statement showing only 300 million shares as discussed in next week or two, fix the website links as promised, get Frankfurt trading for real, update us on Red Lake progress and Report, PR Ecuador and give details of where that project currently stands, and list the Trading and O/S float on Pinksheets. If Larry does all of those things then he can have all the shorts he wants for breakfast, lunch, and dinner. lol.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
I think so seems to be a lot of talk on IHUB and with PR hopefully coming by weeeks end. I added yesterday.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
So this is purely a "what-if" question. Let's say I know this guy who is a real idiot and know's absolutely nothing about stocks, but he has $500 in an Ameritrade account and is looking for something new to gnaw his fingernails over, should I tell this guy to buy some of this?
-------------------- Euthanasia? I'm American! Why should I care about kids over there?? Posts: 42 | From: in a van, DOWN BY THE RIVER!!! | Registered: Aug 2006
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posted
I like it but there have been a lot of times we have heard a PR is coming very soon so I can't tell you 100% that the news is coming all I can state is that the CEO said in a radio interview that the first payment is due on August 2/3. I he's looking for something to gnaw his fingernails over then this definitely qualifies as many of the shares holders will tell you. Good Luck
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
Daddy watch this board.Dont buy untill you are comfortable with something.The guys on this board are good and some are great.Just listen and learn.Oh and by the way welcome.
Posts: 534 | From: florida | Registered: Feb 2006
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posted
Hey thanks for the welcome, I have been watching this board for a few days now, it's already my favorite.
-------------------- Euthanasia? I'm American! Why should I care about kids over there?? Posts: 42 | From: in a van, DOWN BY THE RIVER!!! | Registered: Aug 2006
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quote:Originally posted by Daddy Warbucks: Hey thanks for the welcome, I have been watching this board for a few days now, it's already my favorite.
Daddy Warbucks WELCOME ABOARD AND GOOD LUCK!!!!!!!!
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
back to a penny hasn't been here in a while
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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quote:Originally posted by 10of13: Interesting....looks like crossing the eyes may have helped! Now if we would get some Good NEWS...
This is definately looking good - if we can get that PR this week, I may actually see a profit on this one (dumb newbie bought high on the last run).....
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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quote:Originally posted by iloverufus: We need SHAKERZZZ!! Where are they??
I don't want Shakerzzz anywhere near this.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
I nice day hopefully we a re on the way back up. Closed up 39% on over 2.5x avg volume
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
why don't you want them? Looks like he gets things moving LOL.. Plus, look at his record.. he makes at least 100 % on almost anything he touches..
Posts: 159 | Registered: Jul 2006
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quote:Originally posted by iloverufus: why don't you want them? Looks like he gets things moving LOL.. Plus, look at his record.. he makes at least 100 % on almost anything he touches..
Yes "he" makes $, f's up the stock...and leaves all that follow him as bagholders! Good for him...he can stay away! IMO!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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quote:Originally posted by iloverufus: why don't you want them? Looks like he gets things moving LOL.. Plus, look at his record.. he makes at least 100 % on almost anything he touches..
He pumps and dumps the sh!t out of stocks and if you don't watch closely you will lose your ass. Look at PMHJ he pumped it amd pumped it and it went to .0012 then he stopped and it dipped to .0004 and he said I'm jumping back in. He never says when he's getting out. That's fine for traders that know how to play his picks but he causes newbies a lot of losses.
Don't beleive the HYPE
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
Exactly, 10of13. He's a pump and dumper. He's already bought when he pumps so if you buy in response, you've missed part of the run. Then he'll sell, the stock tanks, and you lose.
Best way to handle a stock you already own that Shakerzzz pumps is to take a deep breath and hold it as long as you can. When you exhale, sell.
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
up 13% but MM still keeping the spread wide
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
another green day god willing Larry will drop the big PR and then we will have a jailhouse breakout!!!!!!!!
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
Posted by: patiencepays0 Date:8/3/2006 2:15:17 PM Post #of 6885
Just spoke with Larry. Everything is a go guys, just a matter of crossing the t's and dotting the i's. Oh, he said for us to quit watching the clock, that that is not the type of business he is running.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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