Post by
actionplanner on Dec 12, 2010 8:45pm
Good rumors
See there are good rumors being posted, thanks guys...
However why no nrs. ?
1) Can it be they are going to roll up the shares 10-1? I doubt that, they just did a couple of pp at the current sp as well as options. They must have money to carry on. And a roll up of shares wouldn't make it easier for another pp with the track record of last year. basing the .09 at a future roll up sp of .90, who on earth would even invest in a pp @ .50 or above?
2) Could it be holding news back till the insiders load up and issue good news? doubt that, because they did dump @ a 2 cent profit already.
3) Future merger? who knows?
4) Problems with contractors? Doubt that, if a contractor is paid a certain amount per ton mined he would likely do anything within his power to mine the available ore.More coal mined = more dollars in his pocket
5) Roads? doubt that as well. doesn't take long to build a road for mining.
6}Weather, Nope there are mines in the NWT that go year around, a bit harsher claimate than Kentucky I'd say
7) not a profitable enough coal base to mine... ?
8)Dumb management? guess that is a double edged sword, cuz they have equally dumb investers then, me included
9 Sale of LL ? I hope so, and can use the money prudently
10) More mines for future? Gee I wish theyed tell us the truth about #2 and #3
11) waiting for great profits from #2 and # 3 before news? that would be the best I can see for now, but it doesn't look rosey from the lack of news till now..
Any others?
Good luck to all us shareholders, if I had a nick name for this stock it would have a ticker of NOE.v (Nightmare On Elmstreet)
Very Frustrated with everything top to bottom.
Comment by
mcugly on Dec 13, 2010 2:35am
I bought into this company almost 18 months ago believing in what C.D. promoted. Last week I sold all my shares because I, imho, believe that C.D. is just another snake oil salesman. GLTA longs but if you don't want to lose your shirt then it's time to move on.