First Lady #16 replies

Nothing still can quite match the same bunch of RB dodos who’ve been saying the same silly nonsense nothings for years with never a positive comment at any point up or down PPS or operations. All experience is they will simply fade to black and disappear on success or funnier still start to claim loudly how bright they were to get in at such a silly low cost and have made a fortune!

Was a quick removed post griping of rambling on my life by a bench player. Never much liked the format, discourages discussion and information in short blurbs. I was asked to post some and if you want to know what I think and feel best listen to how I think and why. Nutsy? Alias is Lode Making Me Rich! Causing me to want do a monolog on my even dozen years history there. NOBODY will get rich there except Winfield and Portsmouth Sq bunch after Faber sold Parent out and legal trials began in ’04. Well there was one point in ’07-’08 with settlement and 200-1 reverse not made and expired July 31 2008. Went from .0005 to .07 for 13,900% gain; followed all way down and I had 11,000,000 shares.$5,500 worth $770K by then. Later ’10 200-1 made sure no prior will ever make a cent. Need $14 to regain that .07. But started Feb ’03 at .03 and ran to $1.05 Jan ’04. Crazy days still POG $370. Zins knows! Crazier yet? I’d seen a scam coming and sold 35K Jan ’04 at the high. That’d need $210 PPS! Began to take back after leach began Aug and just kept on buying down from .40 to bottom .0005.

Wasn’t brains  nor luck. Pure  trust  again.  After  making  family   leave on a  NY Day ’04 visit when I saw  very little  happening since  the summer move  up from placer claims  area  to the Plum. Scott  J, manager became  a good friend. Parent  told  him  to toss me  after I said I’d be there for look see.  I reported  the  event on  RB and  said pretty  fishy so was  selling.  Later  said  how  embarrassed  it made  him. So Scott  clued me  in on how  to operate then on  until a  few  Gold  Shows presentations made the  jump to .07   by  Sept 08 then fall to the   next 2 year  lows until the split on reorg.  Took the  assist on trust  and  simply  kept  on  buying. Worked out well but  nobody else except one poster  followed.  Fall was so rapid  I could  not  sell all 11 mil. Got  7 mil out  and   just  slowly   did  the  rest at  about any  PPS with a  large  gain already.  Never  bought  again  with a need  for about  $12  to  again be in  profit. Gain was  about  $250K and used  for  GORO buys after  ’09.  I did  shake  Steve’s  hand  at public  pour in  Aug and  bought  again but  THEN came  the flood  of  suits.  I advised all at  Oct ’05 public   annual meet  to simply  go with Winfield who held  the  top cards with very  high interest  loans to convert  to shares and needed  some  4 billion shares to cover  up from 400 mil authorized.  Killed  any  gold goose forever  EXCEPT the  non- split taken  after vote   for one on   mail in  proxy in  ’06 and  the   rise  to  .07 then down to near  zilch.  Still an operation I admire now  but will need  enormous   profits  to ever return  much.  I accept   them as  contributors improving to an area  I love.  AND should  have  accepted  a cheap JV with Mexus  when offered. Allowed me  to be  the  one  all in  at that point. We’re  going  to see how that’d  worked  out  soon.  8

One thought on “First Lady #16 replies”

  1. Didn’t make much (of course, didn’t have much) when all was said n done back in the day. Sold all at .85 or so on initial precipitous fall. Bought back in at sub-penny and bailed a week after 200/1 split. Remember the plum painted office n Scott driving me all around the spread at the time….good ole plum! Did hit 3-card poker back in Reno though. Zins

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