Oh oh
Is that someone like me speaking!
My hats off to you Elmer!
I think your post said everything i realy wanted to say but was afraid to say it!
Actually i have bashed this copmany a bit (itsy bitsy teeny weeny bit)
And people dont like me anymore!
Thing is we tell the truth, tell like it is, lay it on the line, let them have it, get at them, give it to her, be aggressive
B E
Aggressive
sounds like a cheer my x from 16 years ago said in high school!
Anyways back to you Elmer
We like ya (well maybe just me here) cuz for some unknown reason they like companies that:
1) pump and dump
2) load up in options
3) have 80,000,000 shares when fully diluted
4) have no geological/engineering education/experience in the IR Manager Position (they have someone who has friends who most likely are starting to say...."hmmmmm, does Marie know anything to promote this right, the way it should be done...")
5)I JUST CANT TAKE IT ANYMORE
...sounds like a friend i knew who saw the commercial where the customer of the Big Six Banks yells "I CANT TAKE IT ANYMORE" and realizes that what all the shareholders of EMG should do
by the way.....i am not shorting this stock....i sold out on friday after waiting for a year to get back up in the $2 range, i understood that i can sell my 52,000 shares and get $6,000 and buy some other GREAT stocks and make my money back.....
This stock will not go back up for a long time....and sure wait it out...watch them load up their pockets...usually management gets rewarded for a job well done..not rewarded because they did another Private Placement of 6,000,000 shares at $0.15 and therefore say to themselves..."Hey...our corporation allows for 10% of outstanding to be made up options so lets issue ourselves another 600,000 (10% of 6,000,000) and keep on humming...get Marie to pump it up to the .17-.21 range...unload at $0.17, make 2 cents on 400,000, make $8,000 and issue some more in a bit...plus pay ourselves $6,000/mth (Marie Shields wage) and also do IR for another 3 firms and get similiar wages and more options
Not that this is happening(?????????????????)
Man.....oh....Man
or
Woman...oh...Woman (politically correct in case)
WAKE UP
I am not shorting this stock (I must reiterate) because it cannot go much lower with less interest so stop thinking i want to short this thing...I dont...all i want is investors like me to once and for all stand up and say "Hey.....something is not working here, someone is getting paid too much, even though she is a nice person and does own a nice big expensive house in North Van...lets get someone who knows MINING, GEOLOGY and tell it like it is...then even me...YES even me the supposedly greatest blunt shorter in this whole thread (whatever...is that a wall ...not) and world might believe in the story, the geology, the political stablility and proactiveness of the Peruvian mining authority, the land package, the potential to add significant resources.....
Lets do a share consolidation (Roll er' back Jimmy)...how about 10 for 1..then we would sit at about $1.30-1.50 on the little VSE that could
then lets do some proper darn financing at an acceptable level
drill some darn golly gee targets off
prove up the deposit, add to the creditibility, accountability, and integrity of this operation....then with 8,000,000 shares, few options out, yadda yadda we have management who will work harder, more money when we do a financing, have more money to do more work and prove and generate a story that even i want to hear.....
then we have more gold (in a terrible gold market but by the time we drill off more geological resources using the Australasian Reporting for Proven, Probable and Possible Reserves we will be at the beginning of the development of a story, one management can say hey "Look we have restructured do to these (#1, #2,#3) reasons), two..."Look at our new IR Professional, P.Eng. or P.Geo., or MBA, B.Sc Eng. and wait to he/she tells you like it is...you will wanna jump on board of this measely $1.25 stock.....
I actually think that the days of pump/dump are coming to an end..the promoters are just not believed anymore...sure they have some contacts..but if i was brought in by Marie now or in November 1998 when she started, boy would i be up set a little bit..."
Since november 1, 1998 roughly 30,000,000 shares of emg has traded hands (dont know who's hands0 but that is 40% of the shareholders have decide one way or another to get in or out...for th eones who got in at these levels i am very happy for them......but for those who have been possibly misled or gone astray through funny pump and dump matters...i do feel empathetic...noting that i was led astray.....to my face...i mean i was told not over a phone, not via fax alert, not via email blast, not through nicely hadn written love letters but to my face...that is hard to swallow (actually so is a bunch of stuff...i.e. tequila, brussel sprouts, liver, hot french fries, really long spaghetti and pride)
i must go ...i do have a life..kinda , sorta,...hey lets meet at Joe Fortes on the roof top and have a drink and discuss this issue...maybe not.......
but this was to be a quick note to say ...Way to go Elmer Anthony...but no....i ramble........
sorry
As Always
Alastair |
