August 18, 2022 

How to Approach Thin Veins & Cost


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 By bluejay

08/01/2020  2:55PM

What a great example to support he idea.

 By zelDurin55

07/31/2020  10:11PM

take a look at the SWBI YTD chart The name change occurred on June 1, 2020. Notice on the chart for this year, it went up. everyone knows what smith and wesson is about.
 By zelDurin55

07/31/2020  10:08PM

Smith and Wesson did this
they changed their name from american outdoor products (or something like that) to Smith & wesson brands and their stock is now going up.
 By cw3343

07/08/2020  11:51AM

I am in favor. At the least it would get picked up by the automated algorithm traders.
(they had to remove ticker symbol ZOOM, a bankrupt company worth 0, as so many bought it thinking it was the real Zoom Video - most of it was automated trading)
 By Michael Miller

06/25/2020  1:16PM

Makes sense. (see below). Let's discuss pros and cons of adding gold to Original Sixteen to One Mine, Inc. Can we have it all? Ideas welcomed.
 By bluejay

06/24/2020  3:41PM

There is no question to my mind that smart educated people are buying gold and silver in the ground, either with a past producing mine and old infrastructure on the property or not.

Some people might not like this idea but to my mind for the potential interested parties of this sector to possibly find us easier, the corporate name needs changing to reflect the gold extraction nature of our business.

The 16-1 Gold Mine

16-1 Gold Corp.

Gold would have to be the centerpiece of the title to receive the attention that it has lacked over the years. During searching for gold companies our title would direct attention to us which we desire. The current title doesn't let prospective interested people looking for gold companies find us. Make sense?
 By bluejay

04/28/2020  12:40PM

OSTO market at Schwab

$0.06 - $0.25. 10,000 X 2,500

Last $0.20 UP $0.13
 By Michael Miller

03/31/2020  10:27AM

Bluejay, I have a thought provoking question for you after a comment about your entry below.

Broadening awareness is one current paper work effort: reveal multiple facts about Sixteen to One and our mining company. Fortunately, both have very strong facts to broaden. Jewelry is certainly one. Our quartz & gold appeals to males and females, those who like and appreciate jewelry, art, mineral, specimens and trinkets. Years ago during a live radio interview, one radio host exhibited hostility towards gold mining and miners(which meant me). During a short break I asked her if she was familiar with Sixteen to One gold. She wasn’t so I put a quartz & gold rock in her hand. When we returned to the air, she became a mellow interviewer. Her hostility vanished. It’s happened before.

Once during a talk I was giving to fourth grade kids. (I always take some gold for the kids to hold and pass.) I check to see where it is but this time didn’t see it. Then I found it. A young girl held it, surrounded in her small hand. She had a faraway look on her face. I knew exactly what was going on with her. I’ve seen it before, similar with the radio DJ. I gently jogged her back to the classroom. Quartz & gold is powerful, more so than rubies, diamonds and pearls. Our cuff links adorn the dress shirts on Gold Mining corporate Presidents and others. Pendants and earings hand from many and quartz & gold rings adorn males (who never think about wearing a ring) and females who usually do. I accept your suggestion.

Bluejay, our personal and in depth history of financing, money and gold continues to evolve. For about fifteen years a thought grew my mind and without giving you my reasons, I have concluded that the ever expanding USA national debt and subsequent “plan” to settle it should have no impact on the spot price of gold. Your thought and comments from others are appreciated.
 By bluejay

03/30/2020  4:22PM

Thanks for your kind words Mike.

Here’s an idea, the next time we have a good strike round up some of our most impressive jewelry and have a few models show it off to some of the registered market makers in our stock.

Take some pictures of the jewelry and send some over to the market makers house so his wife can get impressed.

Thus idea worked well for Debeers when they sent their diamonds to actresses to wear in Hollywood.

Everyone loves our gold specimen jewelry, we just have to put it front of the eyes of potential buyers. Who knows, maybe increased interest might be follow by higher prices.

Look what it did for Debeers.
 By SLee

03/28/2020  5:09PM

ETrade is still dealing with OSTO. Purchased a few shares last week.
 By Michael Miller

03/26/2020  10:09AM

Yes, we can expect some market maker to conduct gold mining companies (small and large) that actually produce gold to market these companies. Two issues exist: seller inventory and market makers don’t know about the oldest public gold operator in North America (OSTO).

Bluejay knows about the PSE (now defunct). Our company (symbol OAU) became very active with demand but no sellers. The specialist called me and begged for someone to offer to sell. A large, knowledgeable shareholder gave the specialist a supply to regain his control over the market.

Regarding Schwab: Through the month of February I kept open bids from $0.16 to $0.30. There were no offers to sell. My bids died unfilled. The last trade I know where the buyer actually received a stock certificate was $0.50. It was for 10,000 shares.

I have a gold position in a foreign small operation that produces gold and is below my expectations of its value. I follow three other gold companies (one producing) that are under valued. A plan exists to fix the supply side of the market. Quite frankly, I don’t know why any shareholder would liquidate for pennies. Here is an assignment: research the “Penny gold companies” in existence 1i the 1980’s and 1990’s. Check shares outstanding, price, volatility and whether they are alive today. Check the current small gold companies today. Draw some conclusions. Yours and others participation is needed to turn this around.

Bluejay, I continue to love and appreciate your input on the FORUM. Your background is golden for thoughts on stock, marketing and gold. The time is moving towards an explosion beyond our underground targets for small gold producers. You and others have the opportunity to enlighten a market maker about the California proven gold deposit with only one active gold mining/producing company. Remember the Sixteen mottoes: “Truth like gold lies at the bottom” and “It’s in the next round.” The most important work to benefit shareholders is to regain the bottom of the southern workings of Sixteen to One and keep on drilling, blasting and mucking.
 By bluejay

03/25/2020  5:11PM

Just noticed on my Schwab account, the valuation for the OSTO shares in it have no value compared to a last sale of 10 cents.

Evidently, the inactivity of the shares have excluded the company from exposure to a real market, if one ever existed in the first place.

The bottom line, no one wants to be bothered with a stack of inactive stocks where general pubic related released news items are lacking.

It's been my experience when a company is on the verge of dying or going bankrupt the flow of information completely stops.

Although we delay spending money on news
releases to survive, can we really expect any market maker or brokerage firm to take us seriously when we look like we ere dead for the lack of news releases?
 By cw3343

03/20/2020  4:42PM

Vanguard is just doing what many others have already had in place. For every "real" company trading on the OTCBB there are probably 100 fake scam ones. The newer marijuana sector has hundreds that are nothing but smoke/mirrors. Before that, the gold/silver/energy mining companies were popular scams. Brokerages just do not want to deal with the risk involved with people getting burned really bad. I know that Edward Jones, Wells Fargo Advisors, and Stifel have policies against penny stocks.
Has anyone tried to purchase OSTO on the newer popular platforms such as Robinhood or CashApp? It would be interesting to know if they, or any of the other $0 commission places allow it...
 By dickdavis

03/17/2020  3:48AM

Happy St. Patrick's Day: Dear Friends and Family, Dick Davis says——Locked down? Feeling trapped? Take a virtual trip, enjoy Ireland, sites and music!
Don’t forget, St. Pat was the founding father of the Green Party!

Under “Show More”

Isabela and Guapo go to Ireland!

Songs used (in order):
Dirty Old Town
Molly Malone
Wild Rover
Galway Bay
Danny Boy
Whiskey in the Jar
Come Out Ye Black and Tans
Flight of Earls
Rose of Tralee

Places visited (in order):
Connemara/Leenan/Kylemore Estate
Cliffs of Moher
Aran Islands
Gap of Dunloe
Ring of Kerry
Blarney Castle

Two travel days, sleeping on the plane. Total 18 days.

Expenses: For two:

Airfare: $2277
Hotels: $1813 (we always had separate rooms)
Meals: (often a light breakfast was included with the hotel) $1177
Ground transportation: $390
Tours, shows, theater, museums: $1075
Gifts/Misc.: $251
Grand total: (18 days plus travel days) $6983

Average: including air: $388, w/o $$261.

And for the real history of St. Patrick….you might be surprised, St. Pat was an Irish slave.
 By bluejay

03/13/2020  2:11AM

Hello Fred

Brokerage firms are just cutting back on unprofitable areas and not saying it.The trend of many years has been the closing of local regional markets. The closing of regional Exchanges has spelled some doom for market making in many mining securities.

Just to mention a few, the Salt Lake Mining Exchange, the Spokane Stock Exchange and to the physical degree, floor closings, the Pacific Stock Exchange.

There continues to be a glow of trading in mining securities in Canada in the cities of Toronto and Vancouver. There is some very small interest for brokerage firms to make markets in inactive securities in the grey market ast it is tiny.

I guess if Mike wanted to he could put out news releases and spend money but we are not quite there yet to be beating the drums and wasting company funds, we have more productive uses.

So, shareholders are at the mercy of a non caring attitude of the brokerage firms to make available staff efforts that requires manual non automated wasted time in searching for market makers that really might not even exist or who have fallen asleep because trading activity is by appointment only.

It might be time to consider an executing firm
that will give you their time. I deal at Charles Schwab and have never had any trouble with inactive securities. Sometimes I have had to wait but that is expected in inactive markets. That's just the way it is
 By fredmcain

03/05/2020  9:34AM

provide limited to no financial information, and in some cases, provide
limited to no pricing information to the public."



"Dear Mr. Cain:

As a valued Vanguard client who has an open order to buy a security which
is included in the four lowest tiers of the Over-The-Counter (OTC) market,
I want to alert you to a change in the way Vanguard will be handling these
types of low-tier securities going forward.

Effective March 4th, 2020, Vanguard will no longer accept purchases for
securities in the following Over-The-Counter market tiers as designated by
the OTC Markets Group ( The market tiers include Pink
Limited information®, Pink No-Information®, Grey Market, Expert Market or
securities designated with the status of Caveat Emptor (buyer beware).

Based on this change, any open orders to purchase securities included in
the lower four Over-The-Counter (OTC) tiers will be canceled prior to the
market opening on March 4th, 2020. After reviewing our records, the
following buy orders will be canceled if the order is still open prior to
the market opening on March 4th, 2020:
Account Ending in XXXX

Low Tier OTC Security Symbol: OSTO

As you may know, the securities included in these market tiers tend to
provide limited to no financial information, and in some cases, provide
limited to no pricing information to the public. As a result of these
factors, these securities can be more susceptible to potential fraud and
manipulation in the market place, potentially exposing both our clients and
Vanguard to increased levels of risk.

Vanguard is committed to giving our clients the best chance at investment
success. We believe this action is necessary to enable us to live up to
that philosophy.

If you already own a security which is included in one of the Over the
Counter market tiers listed above, you can continue to hold this security
or sell the security in your Vanguard account, however, additional
purchases will not be accepted to add to your existing position.

Additional information related to the characteristics of these market tiers
can be obtained through the OTC Markets Group ( If you
have any further questions, please feel free to contact us at 800-992-8327
Monday through Friday from 8 a.m. to 8 p.m., Eastern Time.


Joseph Sena
Registered Representative
Vanguard Brokerage Services
 By fredmcain

02/11/2020  10:31AM

Well, bad news for me. I just received notice from my IRA service provider (Vanguard) that they will no longer accept orders for "Grey Market" or "Over-the-Counter" market shares. They told me that I can continue to hold these securities or even sell them at a later date but as of March 4th, 2020, I will no longer be able to add to my position(s) in these securities.

Bummer. This has been working fairly well for me but now if I want to buy more OSTO shares, I'm gonna have to figure something else out.
 By fredmcain

02/03/2020  6:21AM

Dear Dick Davis & AJ,

It is possible albeit somewhat difficult to buy what we call "grey shares" on the "pink sheets" or over-the-counter market.

You can do this through most brokers who are willing to buy so-called "penny stocks". I just bought some more on Friday at 19¢ a share.

The problem is that the remaining brokers who are able and willing to transact penny stocks mostly refuse to issue a certificate for them. So, if you want a certificate, this is not an option for you.

I found a small broker in Idaho who bought some "grey shares" for me for pennies a few years ago and charged me about 250 bucks to issue a cert. That can be a fairly decent deal *IF* you buy a lot of shares.

Trouble is, that broker has since gone out of business. I'd love to find a new one but so far I have had no luck.

Fred M. Cain
 By Michael Miller

01/25/2020  5:46AM

Hello AJ. Our Company values its shares between $4.00 and $5.00 per share. The basis for this arose from comparisons with the three types of gold public stock companies. Comparisons are complex, but the first item to look at is the number of shares outstanding. Next is how those shares were registered. I don’t have time to go over the intricate process now. How would you decipher value?

Dick, thanks for your input. Next week I will move this topic “Buying Shares” to “Stock exchange listings”. The history of the low level market is very interesting and AJ, worth your time to read from beginning to current entries.
 By dickdavis

01/24/2020  5:58PM

AJ...I could only suggest, go to STOCK and make a bid. I don't see any current offers to sell, likely due to low prices. There is a fax and phone number. Hope you come aboard if only for California History and to support the museum.

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