Seriously Schoolsout... MUX? Really???

General Off Topic
101
quote:
Originally posted by skinneej
quote:
Originally posted by SchoolsOut1

You fail to see what they have as assets in your computations…you took some numbers from a website and came up with some computation that is much lower than what the market is willing to pay for it. You think it is priced too high, but I could probably look at your portfolio and pick out a whole range of stocks that are at some magical valuation.

Uhhhh… No. These companies are required to fill out documents with the SEC. I just looked at the numbers from the balance sheet that THEY filed… That’s where I got the $500M asset valuation from. Their numbers, not mine.

Again, since you know so much about valuations, put up your formula. I gave a very basic “rule of thumb” valuation that is literally “common sense”. There was no magic formula used.

quote:
Either way, put up or shut up. My moves are out there for the www to see. Yours aren't.

I don’t have any recent exciting “moves”. Again, I’m not a “trader”… I “own” stocks. That being said, I do sell\buy them once in a while if I can’t give a good reason to own them anymore (i.e. dividend gets cut, PE sucks, etc)…

If you must know what I have done, looking at the last 90 days I have:

<> Sold COP on Jan 17
<> Sold DFS on Jan 17
<> Sold EFR on Jan 20
And a few other small positions

Other “activity” is collected a lot of dividends…

I do not have ANY purchases in 2017 so far. I’ve been rolling t

102
quote:
Originally posted by PeaPod

I’ma keep dollar cost averaging mux on the way down.its on sale

Pretty smart of you…oh, wait…you thought you got me with that. lol?

Gold and silver keep poppin’ for the time being…Try not to be so cute…not very flattering on you

By the way, I’d be willing to bet that the pop today was the reason for the takedowns the past week or so. That’s how these markets roll, but outsiders that try to convey knowledge they don’t have don’t understand it.

7 come 11

103
quote:
Originally posted by SchoolsOut1

Post what you do when you do…not just a “magical” sale. That’s too easy.

Okay. But I haven’t made it a secret. It’s been quiet because 1) I haven’t made any moves (2) I didn’t know that we were in a contest and (3) My focus is on construction of a new home right now (supposed to close in a few weeks) and lots of cash will be thrown at that for a while.

quote:
As for valuations...there's a lot of valuable metal in the ground...The property in South America (their wildcard, so to say), has 40,000,000 gold equivalent ounces (that's copper translated into gold terms). Figure that into your valuation...

This is typically accounted for in their balance sheet. I would find it odd that a company had $40M in gold sitting in the ground and didn’t list that as a part of their valuation unless they purposely want to crash their stock into the ground.

quote:
I also think gold is going much higher...and that will increase their asset base. Either way, you do you and I'll do me...but know what you are talking about before you start typing.
That sounds pretty haughty. I might know more than you think. But if it makes you feel better to beat on your own chest, then I will not stop you.
104
quote:
Originally posted by skinneej
quote:
Originally posted by SchoolsOut1

Post what you do when you do…not just a “magical” sale. That’s too easy.

Okay. But I haven’t made it a secret. It’s been quiet because 1) I haven’t made any moves (2) I didn’t know that we were in a contest and (3) My focus is on construction of a new home right now (supposed to close in a few weeks) and lots of cash will be thrown at that for a while.

quote:
As for valuations...there's a lot of valuable metal in the ground...The property in South America (their wildcard, so to say), has 40,000,000 gold equivalent ounces (that's copper translated into gold terms). Figure that into your valuation...

This is typically accounted for in their balance sheet. I would find it odd that a company had $40M in gold sitting in the ground and didn’t list that as a part of their valuation unless they purposely want to crash their stock into the ground.

quote:
I also think gold is going much higher...and that will increase their asset base. Either way, you do you and I'll do me...but know what you are talking about before you start typing.
That sounds pretty haughty. I might know more than you think. But if it makes you feel better to beat on your own chest, then I will not stop you. <hr height="1" noshade id=
105

Ha, this topic was started like 6 weeks ago man! Don’t be so sensitive!!!

106

Starting to turn personal…:imp:

Look at where Jesus went to pick people. He didn’t go to the colleges; he got guys off the fishing docks.

107

i’m not trying to get anybody. just tryna learn how to be a high roller

108
quote:
Originally posted by PeaPod

i’m not trying to get anybody. just tryna learn how to be a high roller

You should have bought some…someone here asked how to double their money…I’m leading the way. Gold up again this AM. Double top, son!

109
quote:
Originally posted by skinneej

Ha, this topic was started like 6 weeks ago man! Don’t be so sensitive!!!

You should start one up on GORO, too

110
quote:
Originally posted by SchoolsOut1
quote:
Originally posted by PeaPod

i’m not trying to get anybody. just tryna learn how to be a high roller

You should have bought some…someone here asked how to double their money…I’m leading the way. Gold up again this AM. Double top, son!

Pretty soon Schoolsout will be up to 100 TRILLION Zimbabwe dollars!!! Not too shabby for a few days worth of work…

https://www.pri.org/stories/2015-06-12/what-can-you-buy-100-trillion-zimbabwe-not-even-candy-bar

111

double top

112
quote:
Originally posted by SchoolsOut1

double top

You boys should have bought some BCRX back when I brought it up on Skineejs thread about stocks...check the date.

FUD make precious metals “precious”.

113
quote:
Originally posted by mdaddy
quote:
Originally posted by SchoolsOut1

double top

You boys should have bought some BCRX back when I brought it up on Skineejs thread about stocks...check the date.

FUD make precious metals “precious”.

Not sure of the date, but I see it started to rise in 2016. Most any junior miner worth a (**() did the same (or better) in 2016. I’m looking for good performance from them again this year as they reach that fabled “double top” of Skinnee’s…

114

Do you think you two could meet up and see who’s is bigger so this thread can die?

Boat drinks, Waitress I need 2 more boat drinks!

115

Double top! Will gold close above $1250 today? The miners haven’t been hitching a ride with gold lately…something has to give soon, though.

DOUBLE TOPS FOR ALL!!!

116

Looks like another old fashioned double top this am…

117

$3.00 today!!!

118

Not worried…

Just like Rob McEwen stated…if you are risk averse, don’t buy the stock.

119

Skinee…That was el oh el!!!

“Endeavor to Persevere.
Give,Give… Never Take.”
EC

120

I know, right?