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Re: stockfly post# 18

Friday, 07/08/2011 10:18:22 PM

Friday, July 08, 2011 10:18:22 PM

Post# of 37
I-box is updated. The grey listing definition is below

The "gray market" for stocks refers to the over-the-counter (OTC) exchange of stocks that aren't yet listed on the public exchanges. Most often, the stocks traded are low-priced, often from small and obscure companies. Due to the relatively low volume of trades on the gray market, shares may be inaccurately priced. The companies that issue stock on the gray market aren't obligated by the Securities and Exchange Commission (SEC) to release regular reports about company activities or to provide the same level of corporate transparency as publicly traded companies. www.ehow.com/way_6076796_do-buy-stocks-_gray-market__.html



EGRTF is grey listed now, but should have their QX listing ANY DAY!! This will bring in a flood of investors this fall. The SS is SICK for a miner and they are fully funded for the year. I just updated the SS and the O/S has only increased a little over 20k shares in two months. That backs up the fully funded statement I got from IR.
I'm very excited about this stock. The property is incredible and there are some big name investors backing this one. I feel that the company has just not needed the cash and with the current investors, property, and SS they seem to be doing just fine with exploration and grey listing status.
They are close to mine feasability, or construction IMO. They have a excellent 43-101 report and this property will get a mine soon enough. This will be exspensive and will require additional investors however and the QX listing will do just that. This one will triple IMO by years end with firms being "allowed" to invest in this with that transparent QX listing. Going to be good thing for shareholders getting in now.
Thanks for giving me someone to talk to over here bud.


DO YOUR OWN DD!! THIS POST IS MY OPINION ONLY! NOT ADVISE!!!

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