Easy PeopleJust calm down people. Like Intotheblue said, things take time.
Goldn1,
You said earlier, "We will probably trade less than $10,000 in shars the entire week, with not 1 share traded Monday."
This is because in Canada, we call the first Monday of August a "holiday". When holidays happen in Canada and the US, the trading exchanges shut down for the day. When the trading exchanges shut down for the day, that means no shares can be traded.
You then posted, "While these people may continue to vote democratic so they can sit back and be lazy, it hurts the poor and the middle class the most. Not to get political, although I have, during the Obama presidency, the rich got richer and the poor got poorer. He would prefer to have them to rely on government support so he can get their vote, than create meaningful jobs so they can prosper. China is a mess, Greece is a mess, Puerto Rico is a mess and the US and going down that path unless the typical US career politician can make a change quickly. We are now all involved in and international economy, so the more economies that get hurt, the more it effects the rest of the World. From a US citizen that didn't vote for Obama, I really hoped his message of "CHANGE" would be a promise he kept. But he is similar to Geomega, all talk, no action. A pathetic politician in my opinion. I own way too much GMA, but no one at GMA has given its shareholders a reason to buy or hold. This is a problem at the top and thaty must change, I believe Simon was the first step, but there is more to go..."
How did you manage to spin GeoMega (a Canadian company) into the same conversation as the US president and politics?! You are smoking some crazy drugs.
Also, in case you're not aware, Republicans are the reason that the poor are getting poorer, and that you're slowly losing and will lose your middle class all together. Republicans destroy the earth and are bad for global warming and serious problems like that. If you had republicans in, they wouldn't care about Molycorp breaking the environment rules. They would still be running strong! Republicans will be the reason that the US will slowly become a 3rd world country. Canada will be pulled along for the ride and we too will become a 3rd world country. I give it 30 years tops.
You then said, "I understand everyone is on vacation, but this is getting redicules as to how they hide or are late on everything accept there paycheck and stock option plans..."
Holy balls. How many "explicit" times do you have to repeat yourself? You've literally said the same thing for 2 years now. In 10,000 of your 10,003 posts you've mentioned this. Did you not just post you own a company? Well I guess you never go on vacation either. You're one of the few that work 365 days of the year. Or am I missing something? I guess all the execs, CEO's, and CFO's on the NYSE all work 365 days of the year and don't take vacations.
Then in another following post, "But seriously, $200,000 over 2 years is not a significant investment and won't get GMA too far. So far this summer we have had a Director resign due to defrauding a 78 year old women. The President and CEO replaced with no explanation."
$200,000 is better then zero dollars. Wouldn't you think that the people granting GMA 200K per time (I believe it's twice now totalling 400K) would have a reason to give them a grant? If GMA was as worthless as you say they are, they probably wouldn't have received this money.
The director that defrauded a women is gone and is looking at criminal charges. I think you can drop it by now and be done with it. He was a director that had not much to say anyways.
Then again, "The US government has a lot more money and credibility than GMA... (and it is hard to say anyone has less credibility than the US Govt, but GMA is an exception). $200,000 or a possible $1 million talked about in the latest NR is not going the compare with the enless amount of money a govt will put into a successful technology. GMA has referred to "cash flow from recycling REE", but we have yet to see conclusions from ever 1 test."
GMA would be allowed to use another technology if their's doesn't pan out. They would have to pay some sort of royalty or something, but they can still get their Rare Earths out of the ground for cheaper then Molycorp. They also have a MASSIVE deposit. They would still do fine adopting another technology.
Another quote, "If GMA swung and missed(i.e.: could not achieve separation on a commercial scale), or the PEA was terrible, I would be OK with losing my investment as that is the risk I took."
Wrong. You'd be somehow more negative then you already are. You'd whine and cry until stockhouse took the bullboard form down for GMA.
"I would rather have bad news than no news. My company is far bigger than GMA and of course there are delays, but most of the time we hit the mark. If there is a delay, I make sure my clients know what the issue is."
If your company was far bigger then GMA, why are you the number 1 poster here? Don't you have a bunch of other things to do? I guess less posting and your company would have no delays! Wouldn't you care less about your 50K investment because you're already making hand-over-fist? Not sure if I believe you here.
"If GMA will start to deliver, they will silence their critics."
You mean they will silence Goldn1, Joe, Jackietreehorn, and Moulouk.
"I personally feel misled and deceived by Simon and management."
I agree with you a bit here, but Simon's out of the picture, so the rest of the team wants this to move forward and progress. So maybe it's time to stop talking about Simon? Or maybe be positive that we have a new interim CEO?
"There are several companies much further along in separation and this is not the type of party you want to be the last one to get there."
Can you list the "several" companies much further along. I think there are 2-4 companies in this so called "game". How do you know they are further along? They are using different technologies. You don't know who far UCU is to GMA....do you?
Then Moulouk comes in and says, "Obviously, if GMA's share price was at $3, let say that there would be a bit less complaints."
Thanks tips.
Lighten up guys. If you wanted to have a safe investment, you would have picked a 5 year GIC. You decided to choose the venture. Have you seen many of the other venture stocks? They are down-down-down. Management has just changed. Ya it's been a tough go, we are all a little disappointed in share price. I can't predict what will happen, but I'm assuming things are moving along. Time will tell.