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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Amark$p who wrote (148449)3/29/2011 11:09:44 AM
From: Big Dog  Read Replies (1) | Respond to of 206328
 
I have been adding NiMin....bit by bit. Soon, I will own the company. Hope they have a jet.

big



To: Amark$p who wrote (148449)3/29/2011 4:12:24 PM
From: Celtictrader  Respond to of 206328
 
NEYYF Raised to C$3.50 Today's News, March 29, 2011
12:20p NiMin Target Raised To C$3.50 From C$3.40 By PI Financial >NNN.T (Dow Jones)
by a dime???



To: Amark$p who wrote (148449)3/30/2011 8:01:42 PM
From: Ed Ajootian  Respond to of 206328
 
amarksp, NiMin Energy (NEYYF.OB) -- great ST trading with this recently, congrats. Its hard to quibble with the timing for your re-entry, especially with the stock maintaining its $2 bid even after 4Q numbers came out. This stability in the stock price in light of so-so current financial performance is a testament to how hard analysts such as Global Hunter have been working at making sure their clients understand that this is not a current earnings/cash flow story.

Now that they are entering the 2nd month of having a $2 stock price it would seem that an Amex listing is nigh. Anybody who is looking to buy would be crazy to wait until that event occurs it would seem.

Great to see the huge volume today, on both sides of the border. I wonder if the Australians are throwing in the towel and starting to exercise their warrants and blow out stock.

Interesting tidbit that shows how careful these guys are about controlling the distribution of shares into the float. 3 days after McGee filed to sell half a million shares, they tie him up as follows (from pg. 30 of Annual Info Form):

ESCROWED SECURITIES AND SECURITIES SUBJECT TO CONTRACTUAL RESTRICTION ON
TRANSFER
NiMin’s former Chief Operations Officer, Mr. Rick A. McGee and the Corporation entered into an
Agreement on January 28, 2011 in which Mr. McGee agrees that from the date of this agreement through December
31, 2012, he will not, during any thirty (30)-day period, sell more than 100,000 Common Shares in the market
(Canadian or U.S) without the prior written consent of the Corporation. Such amount shall be in addition to any
block-traded sales that Mr. McGee arranges through a broker and if Mr. McGee advises the Corporation of such sale
not less than two days prior to execution thereof.