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.

Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: hubris33 who wrote (14446)	1/31/2010 8:59:14 AM
From: Wade	Read Replies (1) \| Respond to of 48092

Thanks hubris, It came just in time to help us to evaluation our investment. <G> "The most obvious way to define "similar" ounces in the ground is to use the three resource and two mining reserve categories defined by Canada's National Instrument NI43-101 regulations - the industry standard. We combine these into three broad groups, as we believe the market tends to do as well: Inferred: the lowest-confidence category, based on just enough drilling to outline the mineralization. . Measured & Indicated (M&I): these higher-confidence categories have been drilled enough to establish their geometry and continuity reasonably well. . Proven & Probable (P&P): These are bankable mining reserves - basically Measure and Indicated resources with established value." "If there's nothing wrong with the project, there's an implied growth potential in the stock price, based on the difference between what the company is getting per ounce and the market average for similar ounces. In this case, it would be: $20 x # Ounces ÷ # shares."

To: hubris33 who wrote (14446)	1/31/2010 9:06:14 AM
From: Wade	Respond to of 48092

No wonder I felt miserable every time when I used TD Ameritrade to buy/sell pink sheet stocks. Thanks.

To: hubris33 who wrote (14446)	1/31/2010 11:24:52 AM
From: No Mo Mo	Read Replies (1) \| Respond to of 48092

"In my experience, limit orders (out of the money) are often traded around or ignored unless the market moves way past them and the MM looks back and decides to execute your order at face value and pocket the difference - and hey, it's the Pinksheets, so "anything goes!" Can't tell you how many times I had to call CyberTrader, Schwab & TDAmeritrade international desks to get them to execute an old, previously OOTM limit order that was now ITM by a nickle, dime or even two-bits." Gulp.... That makes my blood run cold. I thought I was unlucky getting the slow response I've had. Your examples sound like outright thievery or gross incompetence both punishable by regulatory enforcement.