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Silver Dragon Resources Inc SDRG

"Silver Dragon Resources Inc is a mining and metals company focused on the acquisition, exploration, development, and operation of silver mines in proven silver districts globally. It is a mineral exploration company engaged in six properties located in the Erbahuo Silver District in Northern China namely, the Dadi, Laopandao, Aobaotugounao, Shididonggou, Yuanlinzi and Zhuanxinhu properties."


GREY:SDRG - Post by User

Bullboard Posts
Comment by yoyoyo9992on Jun 29, 2009 9:20am
297 Views
Post# 16105193

RE: RE: RE: RE: Getting postive press

RE: RE: RE: RE: Getting postive pressSad that we still have to deal with the likes of "SSS009" (anyone really believe "Karina Ng" is not really "bagger123", who was banned from this board for slander?).

Sorry if you are "extremely objected the management for the past four years", but that's the stock market, particularly during a time when the average mining stock has fallen by 80%-90%. And even funnier, in that the HK investors haven't been around for even close to four years (FYI, I believe they bought in 2007 at a price of $1.00 per share plus warrants, a quite attainable price if/when the sector wakes up).

Plus, per the post that I initially put up a few weeks ago (reposted in BOLD below), the "Hong Kong investors" only own 6-8 million shares out of 85 million total, and thus aren't even material. And if you believe "all 100" of them, who by the way all bought as accredited investors and thus should be well-aware of what has befallent the PM juniors, are listening to these misguided ramblings.... Go back two years, and you'll see the aforementioned "bagger123"'s rants about how she is "about to make public her findings"....blah, blah, blah.

I have been around markets for a long, long time, and never have I come across such stupid, spiteful, and self-destructive individuals as in this sector, particularly in this stock.

Meanwhile, the PM market is starting to slowly recover, the fundamentals are soaring, and Silver Dragon has been a model of growth and accomplishment during this difficult period, not to mention that it's SP looks to have clearly bottomed in a classic rounding pattern on massive volume over a 6-8 month period.



Despite the aforementioned gibberish, obviously posting negative innuendo effects investor psychology, at least the psychology of people reading this board.

I just asked SDRG how large the holding is of the Hong Kong
investors, just in case they were large enough to actually cause trouble if they were so inclined. I don't think this is the case at all (frankly, I think there are two disgruntled investors, both of whom you know from this board), but to put this ridiculousness to rest, I asked the question anyway.

For all their blathering, can you guess how many shares this group (which aren't affiliated with each other by the way) bought two years ago?

Just 8 million shares, of which 2 million were registered for sale some time ago and thus likely sold.

So for all of "Karina Ng's" hemming and hawing, this "group" of investors owns just 6 and 8 million shares, or 7%-9% of the total.

End of story, onward and upward.

yoyo
Bullboard Posts