Looks like we may have
Looks like we may have a great august. In Oromin and Lund..the overall market looks very healthy (lots of green screens) and gold is on its way up again..
One of my other holdings Gleichen is also looking very strong! GRL on the venture
i have a call into the office ..
caliche
Caliche,
I found both Gleichen and Lund on the pink sheets. Being that I’m using TD Ameritrade I believe that I have to buy them on that. Do you have more info on Lund and Gleichen?
Thanks,
Kwhurs01
I have been a long time holder of Gleichen myself as you know?We have been told that they were looking for a worthwhile project?These are not easy to come by.With lots of demand for good gold properties.Part of this group that now lives in the US gave me a great start having one of their companies Consolidated Stkine go from .20 to $86.00..Yes a true comment…But Remember you got to do your own homework on these penny stocks.They are a gamble so use only money that you can afford to possibly lose…I am not saying to buy or sell GRL or any company..dsh
Well I’ve already noticed that Lund and GRL aren’t very liquid here in the states. Matter of fact, neither traded today (so far). That’s an amazing move on that past stock. Thought we might have got something great (maybe not that great) from OLE… Well still maybe a good buyout for $5 plus.
Thanks for the tip on research. I appreciate experienced investors in these markets. I know the sharks are circling looking for suckers. Does GRL have a website? I’m having trouble finding it.
Thanks,
kwhurs01
Company information – Gleichen Resources Ltd
Working capital: $4,273,000 as of 2007-07-31
Address: 1028 – 555 Burrard St Vancouver BC V6C 3P1
Phone: 604 689 1428 Fax: 604 681 1692…..No website..Just a clean shell of a company with excellent people in the background..Has money and access to more if needed.I have been told..Good connections looking for the right project..but has had a few false starts..I am not expecting a grass roots properity.Wish I could tell you more?But do your own homework?But also remember I own shares possibly at a lower cost(even though I bought more today).So I have a vested interest to see it move..Have a good weekend.dsh
kwhurs01 – ETrade has a global trading account available. You can trade Canadian stocks (plus 5 others) from the US using it.
Caliche……..OK , you now have calls in to the office for GRL , LUND , and OROMIN……Sincerely wish you would give some priority to getting back to us all re OROMIN which everyone here is interested in………Thx for your understanding..
Hi arlene.. i will give the utmost priority to an oromin post as soon as i hear back from THEM ..will try tuesday .. monday is a holiday here..
have a great weekend all
I hear they are very close to closing a deal they have been working on since the beginning of the year..hope it comes soon!.. you are right .. top notch people
Caliche,
Can you give any more info on “THE DEAL” you are talking about?
Doublem2
Doublem2—I think ? Caliche was talking about GRL and not Ole….
Thanks Arlene, That makes sense….
Doublem2
Still brooding about SR.
Anyway…i’ve heard figures thrown around here for what the Big Guys are paying Jr’s for Resources and Reserves in a b/o. Cant remember…. but something like $250 resources,,, and $150 resersves p/ ounce. Obvoiusly pending the grades and quality.Anyone know.?
Doesnt it all just come down to how much we have and the going price? So the PF is the Holy Grail to all of us involved. In 30 days or so… we’ll have a long awaited report on Ole. How many resource ounces,,, and what kind of ” blue sky” reserves they can report to a Buyer. Isnt that all we have left? A math problem?
Unless delay and dilute Chet wants more time,,, since he’ll be out of money in Feb…. can he find another sugar daddy to pony up another $11 miil … or get IMG to l double up.
What if the PF isnt so good?…. or is the current $2.26 mil oz ( and another 1 mil oz find)… totaling 3.2 mil oz good enough to get a good b/o price for all of us to be able to go home. Not to mention the additional Reserves that could be another 2 to 3 mil oz… totaling a 4.2 to 5.2 mil oz. figure………
For the experts here…. are those #’s good enough to get IMG or Barrick to give us $800 mil to $1 bil for the entire deal. With the Ole JV at 43 %,,,, isnt that the range needed for us 100 mil shareholders to get the 4 or 5 buck figure we want? or are my figures all wrong. ?
Anyone have a better handle of this????? Thanks
What if the PF isnt so good?…. or is the current $2.26 mil oz ( and another 1 mil oz find)… totaling 3.2 mil oz good enough to get a good b/o price for all of us to be able to go home. Not to mention the additional Reserves that could be another 2 to 3 mil oz… totaling a 4.2 to 5.2 mil oz. figure………
For the experts here…. are those #’s good enough to get IMG or Barrick to give us $800 mil to $1 bil for the entire deal…..**.I should wait for caliche to make a comment?But with a producer next door to us.I feel this is not a problem with 3-5 million oz?Boring today with the market closed in Canada?dsh**
Well , the great month of August did not turn out so well on the first day of trading here in the U.S. for Ole……Gold went up some more and Ole share price dropped 10% to .75….Not worried tho as I feel sure Ole will do it’s usual job of keeping us informed what the status really is in Senegal and we will all feel better…….LOL
On second thought , they probably won’t let us know what is really happening in Senegal………Mgmt won’t even return Caliche’s telephone calls witin a week…
So, we anything the wiser by now?
Whats happening with the gold projects?
Caliche? Did you get through to the office? Are you persistent enough…sometimes being to friendly makes it easier for people to lead you around.
Let’s all remember taht Caliche is doing this as a favor to everyone. The posts I’ve been reading lately seem somewhat out of line with the demands.
Stateside,
I think its obvious to most here that Caliche does this as a favor to all of us.
Most also do not demand anything from Caliche.
I think most are just annoyed with the fact that even a well known investor such as Caliche doesnt seem to get through. What hope do other not known investors have then getting through?
And yeah, gold is going to make another run at the 1000 so that also plays a part.
Nobody likes a management that keeps quiet while gold is shooting through the roof.
Depth By Price
Bid
Orders Volume Price
2 9,500 0.90
1 2,500 0.87
1 7,500 0.86
2 12,000 0.85
1 10,000 0.84
Ask
Price Volume Orders
0.94 2,000 1
0.95 5,000 1
0.96 2,500 1
0.97 2,500 1
0.99 4,500 3…Depth 8:28 Vancouver time.dsh
Depth By Price
Bid
Orders Volume Price
1 20,000 0.18
2 13,000 0.115
1 25,000 0.09
1 30,000 0.085
2 30,000 0.08
Ask
Price Volume Orders
0.20 20,000 1
0.28 20,000 1
0.325 25,000 1
0.415 15,000 1
0.42 20,000 1….Looks like the guys just might be turning some attention to Madison Minerals.For those who follow Chet..this is another company that he has in his stable?Its been sleeping or being accumulated for the last while?There is a possibility that they may continue to work on their Nevada property?Or here is the LONG SHOT..reacquire their Papua New Guinea gold property from Buffalo.. I have know knowledge or haven’t heard of any rumors of this happening..This is pure speculation on my part..Only thinking out loud..I am not saying to buy or sell..As I am usually wrong.dsh