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maybe 230k on the OTC today, but we traded 10million shares on the TSX.V under symbol BUD!
Even the Walters announcement buried the lead somewhat, calling him “a senior management consultant to private and public companies within the mining and agricultural industries", and noting he "specializes in due diligence as it relates to a variety of consumer and agricultural products, particularly in relation to Marijuana for Medical Purposes Regulations (MMPR),” before moving on to his investment financing background.
Pretty good chance he’s not being asked to set up a wheat farm.
Satori owns 100% of a mine not far from a Hudson Bay Mining and Smelting facility in Flin Flon where government-contracted mine-based marijuana grow ops supplied around 20% of the regulated Canadian market before they were shut down in 2009. The reason for the closure was the inability of the growers to agree a long term lease with HBM, and that put around twenty people out of work.
The US state of Colorado announced yesterday, having recently allowed medical marijuana, that it had taken in $2 million in tax revenue in the first month of legalized operations. It joins an increasing number of US states moving toward relaxation of marijuana restrictions and taxation of the proceeds.
Mine-based grow operations are considered more secure, better protected from accidental propagation in surrounding areas, and easier to control from a climate standpoint than traditional grow operations.
230K is not too much volume in anyones book - it probably was exlusively retail buyers...
There have been some past institutional deals with shares I believe, plus insider holdings but Looking at the volume i suspect 40 million floating, the 15 million that traded today was probably 5 million back and forth, either way good day.
Any idea on the float? are all 53 million out there?
With this massive volume in big chunk buying you would think some of this is institutional buying in the know, retail just doesn't move in like this, it was like a money blizzard hit this stock the first hour.
hearing chatter about news next monday, that would be sweet
I take full credit for today's run. This morning was the first time I haven't sat in front of my computer smacking my refresh button and BOOM, she takes off. lol.
Too much volume today to think that it's retail buyers or flippers. Something must be going on behind the scenes and I dare say news is hopefully on the horizon. New growing permits are to be issued to companies by April 1 2014. We will see who they are very soon
this could be a lot of fun.
http://web.tmxmoney.com/article.php?newsid=66318707&qm_symbol=BUD
Toronto, Ontario / TNW-ACCESSWIRE / March 11, 2014 / Satori Resources Inc. (TSXV:BUD) ("Satori" or the "Company") announces that Mr. Scott Walters has been appointed special Advisor to the Company for the purposes of assisting with leadership and due diligence activities in respect of the Company's consideration of potential acquisitions within the agri-mining and agri-pharmaceutical sectors.
Mr. Walters is a senior management consultant to private and public companies within the mining and agricultural industries, and specializes in due diligence as it relates to a variety of consumer and agricultural products, particularly in relation to Marijuana for Medical Purposes Regulations (MMPR).
Mr. Walters has twenty years of securities industry experience, the majority of which has been spent investing in and financing natural resource and technology issuers. His execution and senior management experience on the buy and sell side encompasses all types of investment banking transactions including a focus on public and private equity and debt offerings; exclusive sale assignments, joint ventures, business creation and development.
Bought in at .035 and haven't been disappointed yet! Looking forward to see what this company has up their sleeve!
Wow. Just checked in on the board i created here for STRRF... this is the first one I've ever been the first to ever post on... looking pretty good, eh? (lol all you canadians in th house)
Bids building up again on the Canadian symbol, watch the close...
Usually friday people sell off but here they are loading...nice to see
oh, what have we here, some attention
wait till next week...
I am in for more as well. Learn something new everyday on Ihub. GL
STRFF
I almost did not buy...but the rewards outweigh the risks....etrade gives a bid and ask but they are more like guidelines on the greys...however we do know this is a tracking stock following a sky is the limit play... I always say risk not, want not....
Wow this is new to me.
Grey market trading is tricky...got to set a price and hope it hits....
Why no bid no ask on TD?
A lot of times when I see a sign on the web that says web site under construction it means they have no web site anymore and likely went out of business. Legitimate companies run the old web site and do the switch to the new flashy web site on the week end....jmho
I know some of the guys who did the promo on THC, I hate to say this but I doubt they have anything in play. But it has been a good play to make quick cash. They are rotting a few other small wanna-be pot plays with hype and no assets. But in the end even garbage can make money, look at some of the otc plays that flew on air.
Still you would refer to Satori Resources SEDAR filing
for DD purposes if you buy US OTC (STRRF)
http://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00032787
Staggering volume and rather large orders coming in. $BUD.V
Real-time
Last: 0.165 Change: 0.050 Volume: 8,111,457 Last Trade:12:04
Level ll Quote
Bid Ask
Price Size# Orders Price Size# Orders
$0.16 129 4 $0.165 516 8
$0.155 1378 7 $0.17 390 11
$0.15 530 8 $0.175 395 9
$0.145 250 4 $0.18 763 10
$0.14 130 7 $0.185 168 4
$0.135 216 7 $0.19 202 2
$0.13 200 4 $0.195 206 2
$0.125 237 6 $0.20 476 7
$0.12 806 10 $0.21 50 3
$0.115 10 1 $0.215 10 1
Etrade clearly labels it grey market...not that they are infallible ..the bid ask is not trading as a normal pink...but small matter ....going up
yes it looks like it. i like the volume on bud this morning. nice moves on both today.
i think it topped out at 17 before easing up a little.
It's not on the greys from what i can see. Just a regular pink. If you want buyer exposure in the U.S. you need to get the message out on other U.S. boards.
Another Boomer :) $STRRF..
$STRRF - And we are off!!!
I can see the pressure mounting on STRRF....to bad only 3 people know about it...LOL!
It has hit .17 today on the TSX.V, with 4,653,367 volume...very active today. Big wall at the .16 ask after which may climb higher. Still many bids.
Needs some state side love...
Its 16 in Canada now on over 4 million traded.
Being on the grey market is hurt this one...but the next trade bid or ask will take it into double digit cents...
This could be a big day
Looking like we're going to start the trading day with high volume:
Real-time
Last: 0.115 Change: 0.000 Volume:0 Last Trade: 03/20
Level ll Quote
Bid Ask
Price Size# Orders Price Size# Orders
$0.12 316 2 $0.115 598 7
$0.115 1048 18 $0.12 273 10
$0.11 580 3 $0.125 780 4
$0.105 244 5 $0.13 524 5
$0.10 417 7 $0.135 240 3
$0.095 520 3 $0.14 220 3
$0.09 213 6 $0.145 481 5
$0.085 355 5 $0.15 124 4
$0.08 274 5 $0.16 212 3
$0.075 10 1 $0.19 40 1
Hope it is the first of many for me....we shall see
$STRRF - Ready for another big few weeks!
I dont think this has yet received the same attention in the US as in Canada, hence the lower volume. Some Canadian companies go with a US symbol because they feel it would attract a broader audience and investor pool. Sometimes this is also done to accommodate investor in private placements who are Canadian exempt but want to support the company, so they get a US symbol. I'm not a broker so I dont have all the specifics, just what I have learned in the trenches.
This will get more attention if a million shares trade, for now its still under the radar.
In today alot of .079 some .091 nothing inbetween tuff buying 150 k
Huge buying end of the day for BUD.V
awesome ... i caught that ride too!
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02/10/14
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