Original Sixteen to One Mine, Inc. - Forum Topic: "Stock exchange listing"



	July 18, 2019 Thursday

Forum
Topic:
Stock exchange listing

By Rick
09/17/2009 8:29PM

Which stocks?

By cw3343
09/17/2009 2:30PM

2 more trades today, 414 and 5333 shares, both at $0.0001

Listing on Vancouver may not be a very good idea. From what I have seen, the speculation, maneuvering, etc., is even worse than the OTCBB and/pr Pink Sheets. There are so many "junior golds" listed on Vancouver, that it lends to a lot of email, website, and faxed newsletter "pump & dump" schemes.

By martin newkom
09/14/2009 2:48PM

I believe there is a bank in
Sacto. Valley, First Northern
Bank (FNRN:BB) that has and
still trades on the OTC bul-
letin board. The bank has been
in business for 100+ years.
I understand the cost to the
issuer is much less than being
on an exchange. One might look
in to the idea.

By Dave I.
09/12/2009 4:49PM

Have you folks thought about being listed on the Canadian Stock Exchange? There is a greater interest in small mine investment in that nation. Also what is future prospectus of development? A detailed future plan of action to increase production.

By RyanBaum
09/12/2009 8:28AM

Any update on the note that was due in early Summer and mentioned at the Annual Meeting?

Still no willingness to raise capital from shareholders?

By bluejay
09/11/2009 6:06PM

Its seems like an appropriate time to expand on common thievery. Gerald Celente recently called these kinds of people, money junkies. They, basically, produce nothing and dealing with them comes at a high price.

Just look what happened with the banks in 1980 when Paul Volcker declared war on inflation and raised interest rates to combat it. During the process the banks were allowed to raise the usuary rates(rates charged on credit cards) from just below 8% to whatever they wanted. Following the taming of inflation Congress conveniently forgot, in the bank's favor, to return the usuary rates back in line with pre inflation conditions.

Ever wonder why we can't get rid of our credit cards? The people who can least afford to give away money are being charged anywhere from 20% to 30% on outstanding balances. And let's say that these banks have direct and indirect ties to the Rothchild's. Our money "fee handouts" to the banks could very well be shipped abroad and not plowed back into local economies.

If the usuary laws were returned to historical normal levels we wouldn't be requiring any DC stimulus packages of which we are getting charged for.

Max Keiser says the money junkies are so entenched in this country that it's like have a serious virus in our A holes that we'll never ever get rid of.

Your only hope in protecting yourselves is by having a good portion of your wealth in gold coins, not in safey deposit boxes, but in your own personal custody. It's time to be creative in storing our treasures.

By bluejay
09/11/2009 5:29PM

Let's put into perspective the trade of buying 10,000 shares at $0.0001 and reselling it at $0.07: that's a profit of 70,000 percent. Let's see, buy 10,000 shares for $1 yesterday and sell it all for $700 today. This is the type of crap that gives the market making profession a reputation that it rightly deserve, THIEFS.

By Rockroby
09/11/2009 4:06PM

Ryan
Looks like we might have lit a fire and people may start buying into this gold mine.My 30,000 shares cost me from .05 to .75 cents per share so I feel better about it.
I think Mr. Miller would like nothing better then to get back underground with a crew,and I am convinced that he can and will find the most spectacular pocket the mine has ever seen.
Putting California back on the map as a gold producing State.

By RyanBaum
09/11/2009 2:42PM

Looks like someone bought a couple of blocks today at 7 cents and 15 cents.

Say, is there an update on securing a loan to replace the note that was called at the beginning of summer?

By Michael Miller
09/11/2009 2:17PM

Whoa, wait and halt this conversation for a second. What did I just read? Did someone actually sell 10,000 shares of stock for $10? I agree with both of the previous entries here about the buyer. If the broker bought the stock or bought it for his client, he scored some fast value.

What about the responsibility of the selling agent for his client to his client? Is there a stock brokerage due diligence code? Is there an enforcement agency to oversee and confront those who screw the client on the sell side?

I’m shocked. I’ll pay the new owner a hundred times profit in one day with a check for $1000, which computes to “earning” an annual percentage rate too high for me to compute.

I just don’t get it for following reason as well as well as the obvious.

While the Company is not on any official trading markets, that is not an acceptable excuse. The Sixteen to One has filings with the SEC , it does the required steps that all public companies must take to stay in operation: notices, shareholder meetings, minutes, file corporate papers in Sacramento, keep a web site, keep an office with regular hours, maintain its assets and pay required State of California and Federal taxes. Original Sixteen to One Mine, Inc can be found by even the most illiterate Internet users.

That seller should be prosecuted or lose his or her license to be a stockbroker. That’s a fact not an opinion.

By bluejay
09/10/2009 11:32PM

Rockroby

All I can tell you is where the Sixteen to One trades today in NY is just like turning back the clock to the lawless Wild West Days, and playing on their turf, to boot.

The jerk NY market maker who bought the 10,000 shares for a buck is as shameful as they get. Most of the responsibility for this disastrous trade rests on the shoulders of the registered rep who let this trade be executed at such a ridiculous price, $.0001, totally laughable and sad at the same time.

You have no idea at the scum-bags that actually work in this industry today. Many of them take absolutely no pride in their work.

The bottom line for this trade is that the client will have to submit a check to the broker for his commission deducted from the principle amount on the gross trade creating a deficit. Since the Orignal Sixteen to One is, more than likely, not programmed into any broker's computer system for an automatic execution it has to be phoned into the trading desk for special handling and that, these days, costs mucho dinero.

The customer could be charged anywhere from $25 to $65 for this trade. So, in what sense is there any benefit to the customer here? He pays to have someone take the shares off his hands for a tax loss? Give me a break!

If I had to offer an opinion, I would speculate that some evil force put through a wash sale to exert pressure on the current shareholders who have their hands full at the moment with more legal intimidation.

The woods are full of people who think they can steal valuable past producing gold properties for a song and a dance from unsuspecting owners through all types of intimidation ranging from paid for negative news reports all the way up to their government connected buddies.

I have seen numerous accounts of low priced precious metal related companies get continually hosed by big investment firms for fun and profit in Canada to the point where a reasonable person would wonder, where are all the regulators?

We live in a society where morals are losing their age-old value as we witness an historic financial breakdown in this country.

When I was an Exchange broker and was given an order to sell for a customer and there was an absence of buyers I never hit the market makers bid, especially on an inactive stock. I took pride in representing the customer and looking out for his best interests. Many times I called the company and spoke to their Treasurer asking if he knew of any interest to buy shares that were not being represented on the floor. On occasion, it didn't take too long until an order surfaced, sparing customer from the market maker's low-ball bid while saving him a considerable amount of money.

Remember, just like the way the bullion banks sell gold on the COMEX, it's not necessarily their intention to get the best price but it has been mostly their desire to SET THE PRICE.

And WHO does setting the price benefit?

By Rockroby
09/10/2009 8:52PM

Stock went down today from .01 back down too .0001.
And I still can't buy it on the open market for .85 cents,anyone find out why this is happening yet?
It does seen easier to get through my U.B.S. account just can't buy through online trading.
Gold just went over a thousand dollars an ounce again.Californians have always headed for the hills to make a little extra money during high unemployment and now the State has taken away dredging.I guess that the State would rather have a bunch of pot growers in the hill's(and they can cause a lot of damage)then people looking for gold.
Things must change or this State will find itself in one hell of a lot trouble,well more trouble then it already is.
Let's open up 100 gold mines in this State and put us back on the map as the Golden State.

By Michael Miller
05/05/2009 9:52AM

To Rockroby and others:
I'm hitting it every day and with all my creative business skills to get us back into gold production. Right now I'm writing the annual shareholder letter, which reviews the past year and offers a look into the future.
I have an activity (started in March) with one real financial party. We are optimistic, but it is premature to go into details. I was very disappointed when the financial crisis disintegrated the interest that was also real. Everyone disappeared. When a loan or other funding is completed, you will know. Until then all I can give you is the fact that after solving problem for our Company for many years, I am not quitting or taking a bad option . Please keep your interest positive. Mine are.

By Rockroby
05/02/2009 7:56AM

I have had a standing bid in with U.B.S. for 1,000 shares at .55 cents for two months & it won't take.Have also tried Etrade for a dollar a share and it won't take.
Their are millions of ounces of gold waiting to be blasted out of the mines that we the shareholders own,we just need capital and good hard rock miners to get it.
Mike I think most of us know that China will be the only Superpower left if we keep going down the path that we are,
say what you want about Bush but he did keep us safe(it just cost to much to do)and he was not good at lying unlike Obama & Clinton who I now think would have been a better choice.
What we would like to hear from you is that your making some progress in getting back to mining.
Thanks

By cw3343
05/01/2009 4:45PM

Looking at time & sales, I noticed that 6000 shares of OSTO traded on April 21 at a price of .0001 per share.

THAT IS ONLY $0.60 FOR 6000 SHARES!

This really brings into question the validity/accuracy of any trades on the Pink Sheets and/or the OTCBB. I very seriously doubt that anyone would be able to buy shares at this price through a brokerage - whether it be online account or bricks and mortar.

Once again, this is a "gray market" that is very vague in many different ways. There are a lot of loose ends and inaccuracies when it comes to trade reporting. Unless a stock is trading on the Amex, NASDAQ, or NYSE, you really can't count on accurate trade reporting.

I will try to see if I can get a bid/ask next week, just to see if there is anyone out there trying to trade.

By cw3343
04/07/2009 2:30PM

One issue with the OSTO trading is that there is no "depth", or in other words there are no standing bids/offers. In most actively traded stocks there are multiple bids (to buy), and offers to sell at certain prices, similar to those on this website. With the OSTO, many times there are ZERO bids/offers. Or, sometimes if there is a bid/ask it will only be for a small number of shares, maybe 400, or 700, etc.

IF ANYONE HAS SHARES IN AN IRA (or other Retirement Plan account), and the shares are held at a brokerage in street name (and/or the registration has the name IRA Custodian), NOW WOULD BE A VERY GOOD TIME TO TAKE A DISTRBUTION IN KIND with the shares.

You can transfer shares of stock in kind out of an IRA into a non-IRA brokerage account. They should give you an option of NOT withholding any taxes also.

The reasoning behind doing this now, is that most brokerages will calculate the taxable distribution based on the value of the shares on the distribution date.

If you take a distribution of shares now, the taxable amount should be .0001 per share.

I cannot gaurantee this, nor am I giving any tax advice...

By lj
04/07/2009 7:32AM

I see the trade in bigcharts, but when I research the company at Schwab, the 52 week low is $1.20. I have to guess that this low trade is a glitch in the data stream. I see it occasionally on both the up and down sides, and always check the price range to see if the outlier is real or not. I don't know if I am correct in my assumption, but it usually makes me feel better anyway.

I will watch Sino Gold. I like BHP Billiton for similar reasons. Marius Kloppers, an engineer turned CEO, seems so good at his job that the company can't fail. Rio Tinto, has great resources but they have cash problems, and must sell themselves off a little at a time. If they survive this slump, maybe they will also be a good company.

By bluejay
04/04/2009 10:06AM

lj

The address for charts is http://www.bigcharts.com

I erroneously posted bigchart.com

By bluejay
04/04/2009 10:04AM

lj

The word crook was used is a very appropriate manner.

If you go to bigchart.com and check out the price trading history prior to the mentioned trade at $0.0877 in early November of last year by selecting SIOGF, you'll notice that the previous sale was $1.90. This $0.0877 sale took Sino Gold down by about 95%. The next day the stock opened at $2.05. Friday's last sale is $3.80

Sino Gold is an Australian gold company that has been very successful in establishing their presence in China, the number one gold producer in the world. Currently, Sino has two operating mines producing about 250,000 ounces of gold annually with another development property looking to be their third eventual mine. Their Eastern Dragon project now has about 700,000 ounces of gold in ground at 7 g/t with 70 g/t silver.

I follow Sino Gold because I like their president Jake Klein and the way he thinks:

1- Don't run out of money

2- Meet your forecasts and guidance

3- Make sure you take quality growth opportunities

4- Don't break rule one

The primary market for Sino Gold is in Australia with other secondary markets in Hong Kong and New York. The NY listing is on Grey Market of the Pink Sheets listings.

Can you just imagine what the Australian market guys or Sino's president, Jake Klein, thought when they saw that transaction? They probably thought the same thing that I said, someone's a crook. Not only did the transacted price violate ethics and morals in maintaining a fair and orderly market, it just gave our country another black eye on how we conduct our financial affairs.

By lj
04/03/2009 2:53PM

Thank you all for your responses. I see the problem with the person who sold for .001. I can understand how it might be possible to execute a trade with a specific buyer in mind, even yourself in another account, since the shares are so thinly traded. The lack of buyers presents a problem. It would be possible to place a GTC order at a low price to make such actions backfire. I think they run for 60 days or so before they must be renewed.

I had hoped to come to last years stockholders meeting, but a scheduling conflict prevented me from attending. I hope to see you there in June.

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Phone:
Fax:
E-mail:

(530) 287-3223
(530) 287-3455
corp@origsix.com

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(530) 287-3540
goldsales@origsix.com

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