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Strategies & Market Trends : Conversion Solutions Holdings Corp. - A Scam? -- Ignore unavailable to you. Want to Upgrade?


To: Done, gone. who wrote (1629)10/11/2006 9:05:02 PM
From: Diamond Daze  Read Replies (2) | Respond to of 4624
 
Ahhh Bre X and the several other scams cost me a fortune. No one could raise money for mining projects for years. Dozens of companies folded up on the VSE and MSE exchanges. Indonesia threw out or taxed mining firms 10% of the minerals with the exception of BHP. Company I was involved with had a JV with Glamis and I should have been able to retire, Glamis pulled the plug shortly after BreX. No one would remain in Indonesia, rumor was hundreds of millions lost by the President and his children. There were two more right after BreX I cant remember the names at the moment. I watched a program on a fellow who had bought like 250k of BreX at .15 cents and sold all over 200 bucks. He thought it was real, thats why they threw the head geologist out of the helicopter.
If I could go back to that day I would have sold every share in mining companies I held and preserved what was left.
Significant difference here is short stock to the tune of 75 million shares. If they bought the float plus 20 million more than who are they paying the buyback to? Themselves. I dont care where they get the money from to do a buy back or a reset. They own all the shares plus a wack more. If there is a naked short position as described tuff luck.



To: Done, gone. who wrote (1629)10/11/2006 9:15:35 PM
From: Done, gone.  Read Replies (1) | Respond to of 4624
 
When it comes to speculation -- as in 7% of my portfolio per speck and no more -- reporting companies is all I do.

MMGG was recently mentioned here by a thread member -- off topic unfortunately, as usual, but WTF -- why not look at it?

Reports. Scrupulously. Even though it is an OTC.BB. Zero hype. Quite the contrary. News releases that make a long cry, they are so blatantly specific.

My kind of speck. When the chart says go -- like now -- I'm in. I'll dump it when I make enough bucks and it no longer makes sense to hold, or my stop loss triggers. One or the other.

SEC reporting companies, with dead up front management. Only way to go. Everything else is gambling.



To: Done, gone. who wrote (1629)10/11/2006 11:48:33 PM
From: JudgeRoyBean  Read Replies (1) | Respond to of 4624
 
Hey, Michael. IPM was one I don't think I knew about..back then, but have sure read all about it. But the last (let's hope) of the desert dirts are still at it, NMCX and GPGI, plus WNCP, a real stinker......I'm sure you know Tim Hall......I've been all over NMCX for 18 months now..the latest is that they claim that the long awaited audit is about to come out, which could verify the claimed $20,000 per ton of pgm's and au...from waste tailings. As if.....!!!!! Do you remember the gold from cinders scam PMTU? Diane Flaherty has appealed her conviction.......her hubby and co-conspirator died....and left her holding the reins.....