August 16, 2011 –
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RELATED TICKERS: GPL
By Ian Bezek [more]
August 12, 2011 –
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RELATED TICKERS: GPL
, ECUXF.PK.DL
, GORO.DL
Apparently their cash costs aren't $8/oz after all. A turn toward honest accounting sends the stock down 10% today and more to come. For background, see the inital expose of their flaky accounting and today's update. Be very careful with any of these junior silver companies that are trying to pump their stocks up on the back of the great silver boom. As Mark Twain allegedly said: "“A mine is a hole in the ground with a liar at the top.” [more]
August 04, 2011 –
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RELATED TICKERS: DNDN
, GMXRQ
, Z
GMX gains 2,294 points Thursday, as the economic illusion's unraveling gained speed. With zombie companies such as GGP getting shredded, GMX scored his best single-day point gain ever (even better than the 2008 salad days.) He extends special thanks to DownDown, ahem, Dendreon, whose shares fell 67% after it became evident that Americans don't want to pay $90k for a drug that extends life by a few months. Sorry naked shorting conspiracy theorists -- maybe Dendreon is a lousy company like the shorts have said after all. [more]