Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Still sitting on this..STRRF
interesting....same subdued tones...May be a pro posture to take. Thanx
Fingers crossed
it will run, just need patience.
Yep....instead of BUD.V. It's plain ole DUD...
good point. for crying out loud, this ticker is BUD! this is a long term hold for sure. thefirst few days after a concrete new mj business announcement could see $1 break for V.BUD. Mine are locked in for much higher. the 'Green Rush' has only just begun... and this company is going to climb aboard the freight train imo.
Next near term producer? http://thetradersdigest.blogspot.ca/2014/04/are-you-investing-in-mmpr-wave-as.html#links
Your right NSP in a good space and less volatile. I got frustrated with the BUD CEO coming up with the same old comments. She sounded great on the phone, then when I saw her interviewed she said the exact same things. Very scripted and rehearsed maybe, I just think she has nothing more than the fact they are looking. With Tweed trading today people are looking for true value and not fluffy stories. Bud to me doesn't have a lot of fluff left before its not even a story any more. It needs news badly IMHO.
I'm still in. Even at the moment with just 15K shares, but thinking we'll see a rise. Liking another on the tsx.v a little removed from the MMJ space but close and less volatile; NSP.V.
Yes I did, but still watching, if it hits 5 i might buy back.
AFI looks like the next to pop, the Tweed opening day on the exchange has opened a lot of eyes with the Bay Street boys.
Didn't you already say you got out?
The next thing that Satori can do is get this tracking stock off the grey market
I just watched the interview with the CEO. Coy, but very interesting.
Thanx - boy they are really down playing the reefer madness possibilities - I like that better than pumping or giving false hopes. Keeps the surprises to the upside...
T
$BUD.V News
It has already resumed today as of 8am EST. It will be available at the open.
They also released this news this morning at 7:15am EST
Transaction Update
03 Apr 2014 07:15 ET
ACCESSWIRE
TORONTO, ON / ACCESSWIRE / April 3, 2014 / Satori Resources Inc. (TSXV:BUD) ("Satori" or the "Company") announces that on March 11, 2014, the Company disclosed that it will be evaluating investment opportunities in various sectors, which the Company confirms, includes those in the agricultural/medical marijuana sector. Following the changes in legislation in the medical marijuana industry, both in Canada and the United States, there has been substantial speculative interest in this new sector, as well as in Satori Resources, as reflected by the trading volume and stock price. For further insight, investors can view the Company's live interview on April 1, 2014 on CTV's Kevin Newman Live (http://knlive.ctvnews.ca/small-mining-companies-looking-for-big-profits-in-medical-marijuana-1.1756580) (commencing at minute 7), and separately, with reporter Amber Kanwar on BNN at http://watch.bnn.ca/#clip1077418.
While no decision has yet been taken, the Company has an obligation to its shareholders to investigate the medical marijuana opportunities being presented to it and to make the best use of the public vehicle. As such, the Company will continue to disclose relevant and timely information as it becomes available.
The TSX Venture Exchange has confirmed that trading of the Company's shares (ticker symbol: BUD:TSX-V) will resume at today's market open.
ABOUT SATORI RESOURCES INC.
Satori is a Toronto-based mineral exploration and development company whose primary property is the Tartan Lake Gold Mine Project (100% interest), located in the prolific Flin Flon Greenstone Belt, Manitoba. The Company is currently considering transactions in respect of the Tartan Lake Gold Mine, in addition to evaluating new project opportunities, both within the mining sector and others, particularly as it relates, directly and indirectly, to the medical marijuana sector.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Jennifer Boyle, B.A., LL.B
President and Chief Executive Officer
Satori Resources Inc. jennifer@capexgroupinc.com
T: (647) 430.0966 C: (416) 904.2714
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This news release of Satori contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Satori's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
SOURCE: Satori Resources Inc.
http://www.accesswire.com/img.ashx?id=413909
Copyright 2014 ACCESSWIRE
I wonder if it will resume starting 1st thing or later in the day
Ok...let's get the ball rolling
IIROC Trading Resumption - BUD
VANCOUVER, April 2, 2014 /CNW/ - Trading resumes in:
Company: SATORI RESOURCES INC.
TSX-Venture Symbol: BUD
Resumption (ET): 08:00 AM, April 3, 2014
IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.
SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions
Trading resume tomorrow at the open I hear.
I am hearing we will see an update tomorrow on the filings with the exchange on a new director and that the halt is about to be lifted.
nice find...I think the company is motivated to get trading going again. Not good to be on the halted list with the plans they say they have...bad mojo...
T
STRRF..Another article today, Scott Walters
http://www.bnn.ca/News/2014/4/1/bay-streets-marijuana-market-maker.aspx
Here's the video clip link, Satori..CEO Jennifer Boyle
http://watch.bnn.ca/the-business-news/the-business-news-april-2014/the-business-news-april-1-2014/#clip1077418
The company was interviewed on BNN today, you can google BNN and type in Satori to see the clip. As well the national TV is supposed to highlight the company tonight at 9PM Eastern
Interesting...and good
Awesome. This stock looks like it has a very bright future. If it sells off when it starts trading again I will be ready to scoop up shares.
Update:
Satori Resources Inc. Corporate Update
http://online.wsj.com/article/PR-CO-20140331-911039.html
Toronto, Ontario / ACCESSWIRE / March 31, 2014 / Satori Resources Inc. (TSXV:BUD) ("Satori" or the "Company") announces a clarification of its past news releases, both as to corporate direction and in respect of its board of directors. Firstly, the Company confirms that Ms. Strand resigned as a director of Satori in order to pursue a new career path as a senior manager within the Government of the Northwest Territories. As a result of her acceptance of this new governmental role, Ms. Strand is required to phase out her involvement with all publicly traded companies. Satori's board was one of the first of Ms. Strand's resignations in this regard.
The Company believed that a replacement board member would be pre-mature, particularly due to the fact that management has been actively pursuing two new transactions outside of the mining sector, the terms of which, if ultimately concluded, may include the appointment of one or more board seats.
Notwithstanding that, however, the TSX Venture Exchange requested that the Company fill the vacancy and halted trading of the stock until such time as a new board member and affiliated filings are completed.
Consequently, the Company has now appointed Mr. Walter Henry to fill the vacancy, as required, and has completed all filings in this regard. Accordingly, we anticipate that trading of the Company's common shares on the TSX Venture Exchange will resume shortly.
The Company continues to evaluate new opportunities in the agricultural sector, particularly as it relates, directly and indirectly, to businesses associated with medical marijuana. Mr. Scott Walters and other qualified candidates continue to provide input in this regard, and the Company will provide timely updates as this transpires. In the interim, the Company also remains focussed on defining opportunities for the potential of the Tartan Lake Gold Mine Project.
ABOUT SATORI RESOURCES INC.
Satori is a Toronto-based mineral exploration and development company whose primary property is the Tartan Lake Gold Mine Project (100% interest), located in the prolific Flin Flon Greenstone Belt, Manitoba. The Company is currently considering transactions in respect of the Tartan Lake Gold Mine, in addition to evaluating new project opportunities, both within the mining sector and others, particularly as it relates, directly and indirectly, to the medical marijuana sector.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Jennifer Boyle, B.A., LL.B
President and Chief Executive Officer
Satori Resources Inc. jennifer@capexgroupinc.com
T: (647) 430.0966 C: (416) 904.2714
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This news release of Satori contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Satori's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Yep, AFI has been going on for a while here.. I have position already... I am waiting how it turns out next few weeks..
Hope STRRF trades soon smooth again...
These halts will turn out to be good for the future of the reefer market. I wonder if these dudes at satori even have any plans to comply or they are just going to move on...This is why I advocate Risk Capital Only on these types of plays...
Ya i had to bail, i am trying to get into AFI now, big money guys seems to be eating up all the shares. http://thetradersdigest.blogspot.ca/2014/03/affinor-announces-plans-to-diversify.html#links
Hope you guys didn't put too much $$$ in this SOB POS.. Didn't you guys notice it was in grey market already last week?, check my tweet from last week.... fukin phone number I see 647-XXX is a cell number.. 416 is land line for Toronto, FYI...
If anybody has shares of HYSYF POS, be careful too.. address is in ghetto land here in Toronto... just sayin, unless you guys have freebies to run for free...
cheers,
New director named. Former director back in the fold. This will be up and trading in pretty short order. No damage done really. Maybe some early sellers just happy to have their money free again, but should resume it's high profile march upwards therafter.
Satori Resources (TSX-V:BUD, StockForum), a Toronto-based mineral exploration and development firm transitioning into the emerging medical marijuana sector, announced the resignation of one its board members today.
According to the news release, Ms. Pamela Strand has handed in her post to pursue a new career path and with the understanding that the company may be considering an alternative transaction, a nominee will not be appointed to fill the vacancy until a formal corporate direction has been decided on.
The company has made application to the TSX Venture Exchange for a 90-day waiver from the three-member board of directors minimum.
Satori president and CEO, Jennifer Boyle, commented on Strand's departure, “It is with great regret that we accept Pam's resignation, however, the timing is coincident with the Company's efforts in the evaluation of alternative businesses (or assets) and accordingly, provides us with the opportunity to build a team more conducive to what may ultimately be considered a change of business.”
She went on to conclude, “Given that the mineral claims for the Tartan Lake Gold Mine project in Flin Flon, Manitoba remain in good standing, and the carrying costs are minimal, the Company is able to retain the Mine for a time when markets are more favourable or a viable transaction can be considered, and yet simultaneously pursue new opportunities that may be more aligned with current market conditions.”
Satori was in the news recently when the company was mentioned in an article where a veteran analyst likened the green rush to the dot com bubble.
Currently there are 53.1m outstanding shares with a market cap of $4.8 million.
Read more at http://www.stockhouse.com/news/natural-resources/2014/03/27/satori-resources-(v-bud)-director-resigns-duri-(1)#HX8DbBEzGJ48wekS.99
Thanks, yes I recently started getting into these canadian cross-listed tickers... much more comfortable holding them than I am most OTC's... I've been in a handful of pennies in the US that have been halted and/or revoked and it is no fun when that happens.
Canada listed, it won't go to the greys. Things work a whole lot different in Canada and mountains better than being under the scrutiny of the SEC as U.S. pennies are. I wouldn't touch a U.S. based penny stock for that reason. It has to have proven revenues or it's way too dangerous if it's OTC based. Your money is not lost here, far from it!
Good point... maybe they are doing this on purpose...
Thanx,,,Still the halt gives the impression of cart before the horse they had to know this would happen. Might be a small windo for real cheap share when they start up again but it could be weeks or more...Oh well...
Flagging small Canadian miners hope for a boost from medical pot
27 Mar 2014 16:37 ET
By Nicole Mordant
VANCOUVER, March 27 (Reuters) - Looking for ways to boost their flagging fortunes, a handful of tiny Canadian mining exploration companies are considering swapping their hard hats and shovels for bongs and baggies.
In the past couple of months, nearly a dozen of these so-called junior miners, hard hit by a downturn in the mining industry, have announced they might branch out into Canada's budding medical marijuana industry.
The announcements from Satori Resources Inc, which owns a moribund gold project in Manitoba, and Victory Ventures Inc, which has staked mineral claims in British Columbia, have propelled these rock-bottom penny stocks updward.
The buzz is being created by new Canadian rules that are due to take effect on April 1 that allow cannabis for medical use to be cultivated commercially by licensed growers. Until now, the medical marijuana industry has consisted mostly of small-scale home-grown operations.
Most of the miners' plans to enter the legal pot industry are at the investigative stage, leading to questions about whether they will actually make the move, or are just looking for a pop in share prices that have been pummeled by weak metal prices and a financing freeze.
Canada's junior mining industry has a history of seeking to ride the coattails of major investment fads, evident in the stampede from mining into technology during the 1990s tech boom and then back to mining once the bubble burst.
Those looking at the pot business "are generally juniors that have projects that are no longer viable," said Mickey Fulp, publisher of MercenaryGeologist.com, a junior resource industry newsletter.
"They all probably have good intentions, but the good intentions are to boost their stock prices and get something going outside of the exploration and mining sector," he said.
Health Canada estimates revenues from commercial pot could reach C$1.3 billion ($1.17 billion) over the next 10 years and draw in an estimated 450,000 users of medical marijuana.
But some in the industry as well as risk-loving investors believe that is just the beginning, especially if marijuana is legalized for recreational use as is the case in two U.S. states.
"It has absolutely blue sky potential because no one really knows. At this stage, you want at least to have some exposure to it in case this is the next biggest thing," said James Nelson, a director of Terra Firma Resources Inc, a mining exploration company with graphite and precious metals properties in Canada, according to its website.
The shares of Supreme Pharmaceuticals Inc, which changed its name from Supreme Resources Ltd, have surged 700 percent this month, albeit to just 6 Canadian cents. The company's plans are more advanced than most, announcing this week that it is in talks to buy a producing medical marijuana business.
Satori Resources' shares have doubled to 9 Canadian cents in the past month, and Thelon Capital Ltd's is up nearly the same amount to 12 Canadian cents.
The risks of speculating were evident this week when the shares of several mining-to-pot companies plunged after a Canadian federal court judge issued an injunction against government plans to end the practice of grow-your-own medical marijuana on April 1. The ruling could reduce longer-term demand for commercial pot.
Competition is already fierce with several small biotech and pharmaceutical companies much further down the road with their medical cannabis plans.
"There is lot of stigma attached to junior resources shares," Jennifer Boyle, chief executive officer of Satori Resources, said in an interview.
"If we are getting into this space, then I want to make sure there is no real stigma attached and that what we may or may not do would be absolutely legitimate and a sound business."
($1 = 1.1143 Canadian Dollars) (Editing by Jeffrey Hodgson and Andre Grenon)
News © Reuters Limited.
No matter how things sound it seems that there is not an insurmountable resolution to this halt but it is going to take some time I suppose. Hope no one went all in..
T
They are going to force the company to get off the greys or else we definitely are done if they do not comply.
i think they are lining up there team for our great new bud adventure. just my opinion :)
not sure what to think on this... you know if it's something as easy as once they add a new BOD member they can start trading again? or is this a potential death nail?
Halted as a result of one of the members of the BOD leaving. They have filed for a 90 day waiver to remain on the TSX.V whilst they find a suitable replacement. Rather than this being entirely bad, I think it actually confirms that they are indeed moving into the MMJ space. We'll see. GLTA.
Satori Resources HALTED TODAY
http://tmx.quotemedia.com/article.php?newsid=66689072&qm_symbol=BUD
i think my money is gone
dam...that's shitty
i think .04-.05 looks right for the bottom. i've been reading on our ceo. she sounds like a bulldog, hopefully she can work some magic here. it'll be fun for me either way. i'm casting a wide net on many weed plays and so far the gainers have been much better than the ones i've had too stop out on.
Followers
|
18
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
400
|
Created
|
02/10/14
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |