Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: zoo york who wrote (17098)	10/24/2004 8:01:35 AM
From: TheSlowLane	Respond to of 312268

Welcome aboard, Coach, I hope everyone also takes a look at your own excellent forum at smartinvestment.ca.

To: zoo york who wrote (17098)	10/24/2004 10:29:38 AM
From: rubbersoul	Respond to of 312268

<For some reason Coach247 is already taken for a screen name> You will always be coach 247 to us, Zoo York. Who is this imposter??? <ggg> I'll be looking forward to your posts and insights. Trying to make it for Thursday...if I can untie my leash (shhhh!). John

To: zoo york who wrote (17098)	10/24/2004 4:59:48 PM
From: jrhana	Read Replies (1) \| Respond to of 312268

I must admit I get nervous and dizzy whenever I try to read SEDAR. In my job sometimes people wait 15 hours to see me, but I cannot stand to wait 5 minutes in a supermakret checkout line. Anyway my point is I do rely on others to wade through the ponderous SEDAR, but I did try and leaf through (so to speak), ORM there. From what I can see,there are 22 million circulating shares. There are about 5 milllion essentially free chares sitting there. A built in about 18% or so dilution is hanging over the stock. I mean I guess-So not great but not the end of the world-if the property pans out. Additional factors that were in play in May I would like to point out. Silver and all silver stocks were undergoing nosedives-This I remember because I passed a little pain there. So to some extent ORM.V was caught up in this descending vortex. If batches of the giveaway stock were to be released into a charging silver bull, the result might be more benign. Message 20681757 Just trying to quntify here a little the downside-Please correct as appropriate.

To: zoo york who wrote (17098)	10/24/2004 7:43:57 PM
From: Claude Cormier	Read Replies (2) \| Respond to of 312268

<Yes, they are accounted for in the share structure, but since they are held in escrow, the impact of these shares is not accounted for. Once they are released for free trading it is reasonable to assume that some will be sold off into the market and will probably trigger a period of short term weakness similar to what we witnessed in May '04. > Wellcome to the thread, I agree with the above ZW. But we can't be sure when and how much they will sell. My point was that the bottom line is the silver. If ORM can prove 100M ounces of economic silver. It wont matter a lot. Those insiders will not rush to sell. Since it is likley that the resource is approaching 50M ounces... I am not sure that any of the holders of these cheap share are eager to sell. The price of silver will also have a great impact on their decision. If silver move to new highs and resume its bull with gold... it could be that they will hold longer than we think possible. Given the rarity of valid silver plays, it is also possible that significant demand for the stock will be there when these insiders decide to sell.