Comment by
jimrockford on Mar 04, 2010 4:30pm
RE: Sinking Coalship
I'll address the first part of your post. The second half speaks for itself. Firstly, a lot of stocks have ANONYMOUS sell orders. If you haven't seen it then you are greener than green or else full of sh-t. In the case of NDX, the sellers were guys who were in the original deal (yep, there are a number of Kerrisdale wank-rs who don't want to be seen selling), that wanted the company to be something else - namely a junior Pinetree Capital. If you want to know what insiders think of the stock, do proper DD (and posting) and take a look at the many millions company President, Neil MacDonald has added to his position.
As for pulling coal out the day the mining permit was issued, does that mean they should have started with shovels and wheelbarrows? I'd prefer they get the needed equipment on site first.
Jim
Comment by
JimmyShaker on Mar 05, 2010 2:40pm
Three months to get equipment to the site ? This isn't Ecuador . It's America and the middle of coal country. If Neil is such a keener why didn't he buy out the insiders himself rather than diluting the stock and holding the price down?Rockford files ?, now ur dating yourself .
Comment by
LaurinDE on Mar 06, 2010 4:10am
jimrockford...: don't disagree with you, but one should acknowledge that there are 52 million shares out fully diluted...Laurin
Comment by
rborhi on Mar 07, 2010 3:47pm
52 million isn't low for a junior, but it isn't high either. Can't complain whether it's 39 or 52 in this company.they said production start in 1st quarter, there are still a few weeks left and coal is still looking strong.