maverick one
3 years ago
Until that rare earth is actually mined - it’s just a gold company doing exactly what they have been doing - years from now/ here’s what occurs here. They borrow, borrow, borrow, borrow until year 2060.
I wisely got out, except tiny % left. So when the “alleged” deeper pockets money folks etc on street we’re driving the PPS up, I GLADLY SOLD THEM MINE- for a big markup in net gains.
I usually- do exactly that. It’s not my first rodeo for buying way under valued mining corps, years before “discovered” by the street. I make it my business through decades of hard tough analytical research and buy large when it’s dirt cheap. Take huge positions. Knowing - that in the future- “those money guys” will only be buying mine later for a premium. Usually years later. That’s my price I only pay, is my “time” sitting on it collecting dust and cobwebs which I’m very ok with. But those “money people” what I call the Johnny come latelies, their price “to pay” later, are my much higher priced shares and retail investors that see PR’s after game and the party is over.
I have no problem “with the street” FINDING this. I banked out it many YEARS ago.
I’m not concerned about what if’s AFTER, IF the PPS increases after I sold dumped mine- before the RS. It’s irrelevant. But I always see other plays nobody knows of, meaning (money street guys) that are more attractive than this ONCE WAS.
I routinely beat the street, 30+ years and other investors into plays like this, years in advance. I’m already leveraged deep into 7 other plays, that I know years later, will likely play out as NJMC did. Steal for cheap, sell high, years later.
Basically I bank on kool aid investors & money street folks, coming in after me, years later after “discovering” companies such as Jersey. I wish Jersey well, it did right by me and my investment. But the rare earth component while its intriguing, it’s not occurring anytime soon. Not at all. There’s going to be a major time lag, more funds borrowed imho. I’m out, mostly.
Somebody else’s optimism is warranted bc they may have bought it and are excited and hopeful. For myself, that peaked already. My viewpoint, is rear view mirror mostly.
I dated this girl for years, LOL. She finally gave it up. Smiling ear to ear. I hope this increases 2/3/4 times for you. It’s just, I made my cash. I’m out, kind of like shark tank, think of me as a version of Mr Wonderful.
Rinse repeat.
maverick one
3 years ago
RS for that tiny amount of capital? How is that in the best interests of its shareholders? I’ve known about this company since day it was started and let me tell ya, I started getting the impression it was time to dump my substantial amount of shares acquired over many many years, before the RS. The lack of info on how much capital they were going to be receiving didn’t sit well with me. I kept only a few shares, wisely I sold majority off. So the RS, didn’t impact me really I escaped, with majority of my shares being sold. Glad I saw writing on wall here.
maverick one
3 years ago
It’s being manipulated up and I’m riding it, selling off, in blocks. I’ll hold some back. But after RS, I’ll be around to play both sides and will be shorting at times, anyway that benefits my interests. It’ll take many millions to develop the REE east NE of riggins, over & above the Salmon River, up above it. LOL, ask me how I know where it is, right?
The many millions required, and yet there’s zero transparency on deals they cut or cutting on dilution that likely is coming to up list. Too smart for this, been around. I’m selling off, taking 3-4 x profits, then I’ll recapitalize and I have to say, I’m digging this green in my account that’s adding up after holding gif many many years.
I’m not a newbie, I’m making BENJIES, lots of them. Daily. I’ll hold a few, but after RS, I’ll lay heavy shorts on it time to time and make much more like I’ve been doing lately. Bet other way. These cats from the street are buying in, their buying my crap, they can have it. But, I’m recapped and armored up after the RS. People that THINK, they know what’s going on, have zero clue.
The infrastructure required will be massive investment and when you uplist, sure they want money, but their at mercy of money boys. I’m no fan of dilution, and when they do the RS, I’ll be there, and there will be days it goes up, others will be these dudes selling off after holding. I’ll be there shorting. LOL.
I already own water front houses on lake couer de alene, for 2 + decades. Yup and yowzer, I’m a local yocal. Not a dumb one either.
maverick one
3 years ago
The rare earth deposit they acquired will take considerable amount of jmoney and time, and it will take years to bring that online and build infrastructure, not only that, the permitting situation. Time = money. Meanwhile, there’s been zero transparency in regards to how their going about financing it, and from whom and how much it will cost shareholders in dilution.
Sorry. But I’ve been in this for well, since it started. But as of tomorrow, I’ll be 100% out. The lack of transparency - is not a good thing imo. The capital is around, they didn’t need to uplist. I find it interesting someone muzzled swallow on the weird and strange PR’s. LOL.
I own mines and mining claims. I’ve owned them in the Murray, and oh just about everywhere in the silver V, and numerous other locales. That REE deposit has been known about for decades, and if it’s all that, then how come a major with hundreds of millions DID NOT acquire it, and instead a tiny gold Corp did? What they found something with gold in thar hills fella? I’m an old guy whose been around the block a few times.
Think. I know a few things you don’t, about the Murray and that alleged REE deal. You can trust me on that one. When the big money rolls in, their buying my shares, that I sat on for years. They think they’re sneaky. But their not. They can do whatever they want with it when I cash out. Just like down the road at galena with that outfit, and many others over the decades in the silver. I make it my business, to know everyone’s business. So when those bozo’s with those suits show up, and their alligator shoes- at the CDA airport or Spokane Intl, thinking their going to line their pockets, their buying my crap, not yours. I flooded the market with massive volumes of shares in companies just like Jersey boys. I’m taking my profits, wisely. Based on experience and advanced intel.
I’m out on this. I took my 3X profits before the RS, and dilution occurs.
But I’ll be happy to short the shit out of for you, bc I have to capital, experience and weight to do that if and when day comes. But good luck to you! But if they RS and it goes up, I’ll be the shorting, we’ll bc I can and do it daily on a variety of fine stocks that trade.
gistheman
3 years ago
Ok. They didnt need to uplist if they only wanted to rely on OTC investors to be the only pool of investors. Sure, stay there if it was only a gold mining company but there are only a couple other listed rare earth companies. Mountain and Bear Lodge. If the govt continues to push and back US rare earth development and mining, investing in the space could get crazy with only a very few ways to do it. If institutions feel like they need to have exposure for their clients, irrational pricing could result. I dont see a bunch of downside here as they are in good financial shape and organically growing. It will be the only Gold and REE listed company, and being established in gold, should be a good backstop if For some reason I’m totally wrong about RE.