September 18, 2020 

Stock exchange listing


Page 1 | Page 2 | Page 3 | Page 4 | Page 5 | Page 6 | Page 7 | Page 8 | Page 9 | Page 10 | Page 11 | Page 12 | Page 13 | Page 14 | Page 15 | Page 16 | Page 17 ]

 By lj

03/04/2014  12:40PM

I should have saved the financial statements that came with my shareholder package. I am assuming that the Sixteen to One has liabilties that must be considered when looking at the assets. In addition, I consider "legal skirmishes" to be potential liabilities,

The news page of this site doesn't have news of any finds of gold, even in insignificant amounts that I can find. Really, we don't even know that there are miners actually working in the mine. If not, the chance of finding gold is pretty low. But if we want the share price to represent the real value of the mine rather than the "badly undervalued" price, investors need to see some color.
 By fredmcain

03/04/2014  9:56AM

Dear “Lj”,
By and large, I tend to agree with most of what you’re saying here. Anything, be it a pair of pants, a stereo, an automobile, a house or a SECURITY is only worth what people are willing to pay for it. As far as I’m concerned this means that shares of OSTO are worth somewhere around five to fifteen cents each right now.

As far as Mr. Miller supposedly insinuating that the shares traded on the pink sheets (“grey” shares if you will) aren’t “real”, I didn’t quite get that from what he’s said in the past. He has actually intended to mean (I THINK, I hope he corrects me if I’m wrong) that his shares are badly undervalued and the big brokers who trade large blocks of his stock are completely unfamiliar with his mine and might not know what they’re doing. Indeed, he might be right about that.

For a case in point, if you take all the shares outstanding and multiply them by 0.07 you get a figure somewhat over a million dollars. That is actually LESS than the standing timber on the mine’s property and the real estate around the mine are worth. Something is indeed wrong with this picture.
So, although I stick by my premise that the shares are only worth around 7 cents right now (because that’s probably all you’d get if you sold them at the moment) they may ultimately be worth more at some point in time.
Consider also that there are a couple of other mining companies that have publicly traded stock, too, which is also trading around the same (or worse) as OSTO. North Bay Resources (The Ruby Mine) is trading for three cents. Emgold has been stuck around three cents as well for over a year now. Sutter Gold has been trading up and down between about 10 cents and 28 cents over the last year. Are their shares undervalued as well? Who knows? The only danger in owning them is if the company goes out of business altogether – then you’re stuck.
What *I’D* like to know about OSTO, is how much of this mine is actually being operated right now, how much is flooded, how to we get the mine dewatered and the operation expanded and where do we really stand on a couple of legal skirmishes? I hope that at some point in time I might find the answers to these questions but I can also understand that it might not be prudent for Mr. Miller to post them on this forum.

Fred M. Cain
 By lj

03/04/2014  7:47AM

I have re-read some of this thread, and am still wondering about the so called "grey market shares." I hold shares in the Sixteen to One Mine in my brokerage account. I also hold shares of Apple Computer. I assume that Charles Schwab is reputable, and that my shares of both have value.The value of anything is esentially established by what a willing buyer would pay for it, and a willing seller would sell it for, so the price of the shares of either of these is unimportant. I am not going to bother having my brokerage produce certificates for either aapl or osto. But statements in this discussion seem to imply that somehow the Sixteen to One Mine shares at my brokerage are not "real." Mr. Miller has does nothing within the discussion that I can see to support, or establish that the Sixteen to One Mine is a real company that deserves to be traded on the open market. Rather, he implies that only the shares signed by him are real. I would think that having shares traded on the stock echanges is a good thing. Am I missing something?
 By Rockroby

02/27/2014  6:55AM

Hi Mike
And all the other miners and investors out their. Would be buying more Sixteen stock but have just started working again and see other miners that are undervalued also..
Scoop did mention you found some gold in 2013!!! My question would be how much?
I know that you and the rest of the crew are going to hit one of the many plums that are left....
Just a matter of time and when my finances are back in order will be bringing that market cap back up.
May the next blast turn Golden!!
 By Michael Miller

02/26/2014  1:08PM

Here is my response to the reports of share trades for pennies.

They are naked trades or sales between confidants. I find minimal reasons for anyone making naked sales. I find many reasons for someone “trading” shares at low prices: devalue the Company in order to gain an advantage; jealousy; force us into a compromising position and then come to the rescue.

Likely these people are familiar with the mine, maybe they follow the FORUM. I certainly don’t fault their game. Original Sixteen to One Mine, Inc. is the most undervalued gold producing company in the United States if these pink sheet prices are used to compute market value. I just reviewed the 11/07/13 trades. The pitiful game began at 12:40pm…18 cents. In less than two hours shares dropped to 11 cents (the ‘market value” of my company dropped $1,914,000). Wow! It only took four trades. Do any shareholders or readers with any knowledge of our mine and miners trust the truthfulness of these transactions? I’ll answer that. No.

My guess: if the buyers and sellers are actually working together, they are not existing shareholders. I echo the remark by cw3343 to the buyers: order your share certificate. I personally sign each certificate and they are all numbered. Remember that a seller must turn in his certificate before shares are listed for sale on the FORUM. Your thoughts are encouraged.

The French have a proverb “skeptics are never deceived”. A Latin proverb is “believe nothing and be on your guard against everything”. Nietzsche wrote “great intellects are skeptical”. I have a proverb. “Truth like gold rests at the bottom.” Oh, the total purchase/selling price to knock almost two million dollars off our market cap was $3,427.40. Wow!
 By cw3343

02/25/2014  3:19PM

someone bottom-fishing again today on the pink sheets.

whomever it is, order a certificate out if there is no cost.
 By cw3343

11/07/2013  12:12PM

This is time and sales (was not me or anyone I know). Looks like you were the one at the end.

179 11/05/13 02:33 0.1100 5,340

178 11/05/13 02:33 0.1300 17,000

177 11/05/13 12:57 0.1500 3,000

176 11/05/13 12:40 0.1800 1,000
 By fredmcain

11/06/2013  4:15AM

Bought another 1,000 shares yesterday in my IRA with Vanguard at 18 cents. Right after I did it, someone dumped over 26,000 shares causing the share price to plummet to 11 cents. Go figure.

-Fred M.Cain
 By martin newkom

09/14/2013  2:15PM

Chas. Schwab grew up in Woodland
Calif. a sizeable Agric. town
north and west of Sacramento.
Most folks there and in Yolo
County speak very highly of"Chuck".When he started the
company his Number two office was not in New York or Los Angeles,Schwab established it in Sacramento, perhaps recognizing the values in Northern Calif. And the fact that one other firm, Dean Witter
had placed its Number two office
in Sacramento prior.
 By bluejay

08/29/2013  9:56AM


I have a family members who left Fidelity because the higher ups were doing uncontrolled insider trading.

I have personally met Charles Schwab on occasions and find him to be an honest and reputable man. That's where we have our account. My close friend was an officer of the company who recently retired and he has always told me, "Schwab is a great firm."
 By gerald vittitow

08/28/2013  1:14AM

thelast trade price is what people everwhere see as a share price you suggest i learn the basics. i have made a few trades this year and have made some money . how are you doing?
 By cw3343

08/27/2013  5:00PM

who cares how many offices Fidelity has and what their "price" is. That has zero bearing on anything.

To get the real current price, you have to work at a brokerage, or call a trader or someone with Level II quotes who can see the various bid/asks and what prices they are currently at. This changes often, even intra-day.

The last trade price makes no difference on an illiquid stock. Learn the basics of the markets/trading (or lack thereof) and it'll do you good.
 By fredmcain

08/27/2013  2:03PM

Could it be, could it just be that fear over pending litigation is impacting stock valuations? Those are the kinds of things that penny stock and micro cap investors look at when deciding whether or not to invest. If we could somehow, someway, just put the litigation issues behind us then I would not be the least bit surprised to see share valuations soar.

Fred M. Cain
 By gerald vittitow

08/27/2013  2:25AM

i have three other listings at higher prices. 0.30 is double the price at fidelity which has offices worldwide with several officies in most states.people everywhere see the price of osto as 0.15 which is a small fraction of my cost if people who are interested in osto would buy a few shares maybe we could get some worldwide interest
 By jta3

08/26/2013  7:55AM

The broker price is pretty much irrelevant and why would you want it to be .30 and not .40 or .50 or 1.00? But it doesn't matter because, as we see a few times a year, there will be a transaction of say 300 shares for .01 or .10 or .20 or whatever and that will be the new broker price. The stock is not liquid enough, and there are too may bogus transactions, to worry about what the last "official" transaction price is.
 By gerald vittitow

08/26/2013  12:37AM

last sale at mine was .89 seller listing 1.25 the reason i offer to sell at .30 is to get exchange price to.30 which i consider pitifully low but it would have set broker price at .30
 By bluejay

08/24/2013  9:48PM

I'll clean you up at $0.20 on our marketplace in Alleghany.
 By gerald vittitow

08/22/2013  11:35AM

i have 7000 shares for sale at fidelity brokerage minimum of 100 shares at o.30
 By fredmcain

08/20/2013  1:59PM

Actually, I have been toying with the idea of buying another 1,000 shares in my I.R.A. The only hold up is that I need to send in a check to cover the investment. I just haven't had the time to get around to it.
 By gerald vittitow

08/20/2013  1:03PM

i have 200 shares for sale at fidelity stock brokerage if someone could buy them it would raise share from 0.15 to 0.25

Page 1 | Page 2 | Page 3 | Page 4 | Page 5 | Page 6 | Page 7 | Page 8 | Page 9 | Page 10 | Page 11 | Page 12 | Page 13 | Page 14 | Page 15 | Page 16 | Page 17 ]


© 2020 Original Sixteen to One Mine, Inc.
PO Box 909
Alleghany, California 95910

(530) 287-3223      
(530) 287-3455

      Gold Sales:  

(530) 287-3540

Design & development by
L. Kenez