Excel Gold Mining Inc fka EGM

[stocklock]

it s not the same thing at all, the US one have no asset at all, but the Canadian one got the mine up in Quebec at Notre Dame De Montauban..

[dippie]

Could someone tell me why the EGM.V is up but the US version EGMXF is still the same and has not moved, whats the difference.

It comes up as the same stock but it's not moving,

[stocklock]

WOW!!!

[stocklock]

what do you mean??

[nicestyle]

whatever....

[stocklock]

somebody is simply unloading his position, that s it

[etna2000]

Question...Volume up but share price not moving???

[stocklock]

news out but no big impact on the market !...

Excel Gold Mining drills 5.1 m of 6.77 g/t Au

2010-05-12 07:44 ET - News Release

Mr. Jacques Vallee reports

EXCEL GOLD MINING PUBLISHES MORE RESULTS FROM DRILLING CAMPAIGN ON THE MONTAUBAN PROPERTY, INDICATING GOLD VALUES OF GRADES UP TO 6.77 G/T AND 24.29 G/T OF SILVER.

Excel Gold Mining Inc. has released more drilling results from the fall 2009 drilling program on its wholly owned Montauban property. The assay results received recently include assay values grading up to 6.77 grams per tonne gold and 24.29 grams per tonne silver.

The fall 2009 Montauban drilling program was designed to evaluate the surface pillar portion of the Montauban deposit. In total, 61 shallow drill holes were systematically drilled to an average depth of 30 metres.

The company had previously received and announced assays from the first 27 holes which yielded values grading up to 14.32 grams per tonne gold and 25.84 grams per tonne silver over 2.58 metres.

The company has since completed all core logging and sampling work related to the fall 2009 drilling program. Assay results are now being received for the final 31 holes on a daily basis. The company will continue to provide its shareholders with drilling results as they are being received.

The company has now received complete assays for 36 drill holes. Of this total number, 12 holes (33 per cent) have successfully intersected the mineralized zone, and 24 holes (67 per cent) did not intersect the zone.

When intersected, the mineralized zone yielded an average grade of 4.72 grams per tonne gold and 18.29 grams per tonne silver over an average core length of six metres.

More interpretation work will be required in order accurately to determine the true thickness of the mineralized zone.

HIGHLIGHTS FROM RECENT RESULTS

Hole No. From To Interval Au Ag
(m) (m) (m) g/t g/t

EM-09-29 3.15 9.00 5.85 2.92 11.69
EM-09-35 7.40 12.50 5.10 6.77 24.29
EM-09-56 15.00 22.00 7.00 4.49 12.37

Furthermore, assay results obtained to date demonstrate that local concentrations of base metal values are also present in the surface pillar zone.

HIGHLIGHTS OF THE COPPER LEAD
AND ZINC VALUES OBTAINED TO DATE

Hole No. From To Interval Cu Pb Zn
(m) (m) (m) % % %

EM-09-08 18.75 20.00 1.25 1.56 7.66
Em-09-15 3.00 10.50 7.50 4.22
Em-09-17 3.00 8.00 5.00 2.82
3.00 5.00 2.00 1.3
Em-09-25 3.00 7.40 4.40 0.9
Em-09-35 8.50 10.62 2.12 1.4 3.1

The technical content of this release was reviewed by Martin Bourgoin, PGeo, and qualified person under National Instrument 43-101.

http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C%3aEGM-1719554&symbol=EGM®ion=C#

[stelar1]

As you can see the volume dryed up, many bag holders from 2, 3, and 4 years are now desperate and I'm sure want to sell. Plus the scamish peoples that sold those claim to EGM. Same peoples that scam many shareholders with pink sheet company and flood the market with share and got out of it couples years ago. Now they have millions of share and they are ready to dump them at .07, .08
Cheers

[etna2000]

Thank you very much for the informaton.
Any other information you can add...where will they try and run it to?

[stelar1]

Glad you ask,
I use to work for them (2007 & 2008)and I know them very well, most of that volume is insider buying but not for the good reason, they doing it because they have no choice or the pps would be at 1 cent or lower. They manipulating the stock and trying to maintain it higher so if they go for financing they wont have to dilute so much. Now careful with that stock the only thing they want is to get rid of those shares but without loosing and since 2006 they are loosing big. in 2008 they manipulate the stock and did a nice pump and dump with the same project but making believe that they would go for natural gaz or oil. the stock went to .40 cents and in no time came back to this level. They give millions of shares to buy those claims in quebec and the seller is just around waiting to dump and get back is money. Harvey and M. Lessard have never mine in their life and have no experience in what so ever.
It is more than 6 month that S.H are waiting for result. I'm in the mining industries since 2000 and can I tell you that when you have good result you don't keep them secret for to long. The reason is that many peoples are holding a big bag and loose a lot. if you play this stock don't go long or you will get burn. They have a web site why aren't they showing the drill rig and the drillers in action on the web site. Show us the core-shed or any other equipment.

[stocklock]

first i have to apologyse, I made a little mistake, it s not FINRA its the Canadian agency, the AMF (its the same thing but Canadian).

Normally if there is 2 day in a row of activity they will ask what s going on and it will result in a Halt Trading pending a News Release. But there are not really any strict rules for it, it s really a their discretion. But they are faster and more demanding than the American Authorities that s for sure !!

[etna2000]

What is the timeline required by FINRA to release information to explain the increased activity?

[stocklock]

don t know, no news no nothing, probably the insiders that knows something...

they are better to put out something or FINRA will strike them hard, it s a TSX not a little pinky lol

[etna2000]

Why the sudden volume in EGM.