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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: Silver Super Bull who wrote (6643)2/16/2005 9:40:51 PM
From: SOROS  Read Replies (2) | Respond to of 18308
 
Considering they paid 10 MILLION for the property -- compare that to ARS.V who paid like $120,000 for their property and the stock has gone from .05 to over $2.24! Someone is really stupid. Is it PLL who paid too much for land? Is it the PLL shareholders who are not paying enough for the stock? Is it the ARS property seller who charged too little for the land? Or is it the ARS shareholders who are paying too much for the stock? I'd say since the stock market lately seems to run only on momentum and hype, door #4 is the winning bet. Perhaps wrong, but most stocks that go from .05 to $2.00 in a short time tend to have just as dramatic a fall at some other time. Unless of course it is TK that follows this pattern because we all know they are the real deal. Can I hear an AMEN?

I remain,

SOROS

ps TK will have to go to almost $10 to equal the run by ARS



To: Silver Super Bull who wrote (6643)2/17/2005 12:04:10 AM
From: Claude Cormier  Respond to of 18308
 
Yes somewhat. But dillution will be significant and the deal will only close in April.



To: Silver Super Bull who wrote (6643)2/17/2005 12:14:04 AM
From: seventh_son  Read Replies (3) | Respond to of 18308
 
> Are you surprised by the minuscule price gain in PLL? I am.

I think that not enough definitive information was provided about the deal for anyone to get really excited yet... most of us are not experts in the iron and steel industry, and I think that's the case for almost all current stockholders of Palladon who in addition were probably frustrated at the year's stock action and ready to sell out when they had a chance to recoup some losses. It took a plug from Bob Moriarty to get the stock going.

That's the way it is... almost no one is willing to take the step to analyze or believe something for themselves; they need to wait for an expert to tell them. It is like my True North Gems stock... the potential for it is incredible, but there are no newsletter writers or anyone covering it, and it seems that no one is willing to take the time and figure out what their potential is for themselves or believe anyone without credentials (like me). Maybe those who do know the stock's potential are smarter than me and are keeping things to themselves.

Here's my plug for TGX... about 10 million US market cap for a company that has three properties any one of which could justify the stock price:

1) 8 large mineralization zones containing gem quality emeralds in a property 1.4 km by 700 m with the emeralds at depth in varying intervals over 100 m.
2) A sapphire deposit near coastline on Baffin Island that is known to have 10,000 tonnes of sapphire mineralized rock with stones appraised as high as $2000 a carat and 33 g/tonne of gem quality sapphire in their bulk sample (just do the math -- at 5-10% yield on the cut gems and 5 carats a gram, that is easily thousands and thousands of dollars a tonne yield!)
3) Four ruby deposits in Greenland near coastline that have rubies visible over large areas on the surface or in rock overhang, some being gem quality of excellent colour as well and as such as valuable as diamonds! Work has not been done yet to determine just how deep or large these deposits are, but the potential is phenomenal.
(All this not to mention three significant base metal discoveries they made that they are looking to option out -- more meat there than some junior explorers have).

Unfortunately, no experts are around to give anyone a green light on this (I personally think that Moriarty is accumulating and will launch it into space when the time is right), so everyone just ignores it and its ridiculously low stock price.