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2nd Qtr report due out Monday I believe.
Not likely to happen anytime soon in my opinion. Scorpio just announced they will be conducting exploration and drilling on their own mineral ridge claim and other properties, going well into 2017.
Gpxm properties are all early stage exploration, and without funding or JV partner, they can't do anything with them. Unfortunately they are cash poor and the issued share count is closing in on 500 million.
CFO left!
According to the website. Maybe where its nonreporting now they don't need him I don't know. But that reduces dilution for pay.
I'm hoping Highsmith does a deal with one or all of the properties. Scorpio lowered their guidance and pr'd uneconomical drill results recently. Maybe they need the ore from the surrounding claims we hold. Like holding a lottery ticket. Either you win or lose it all. Just my opinion.
oil
The purchases you are referring to are actually the 3 directors issuing themselves over $32,000 worth of shares valued at .0036. The shares were issued in lieu of accrued compensation and/or expense reimbursements for the previous Quarter. It happens every Quarter and the share amount fluctuates based on share price.
If you look at the Edgar reports listed at the lower right on this page, on 30 March 2016 there were three purchases by the officers. CFO increased holdings by 2.9 million shares to 9.8 million total. President increased holdings by 3.6 million to 18.9 million total and someone named Highsmith increased by 2.5 million to 8.6 million total. Just an observation.
Total current assets $39,317 of which $14,403 is cash as of March 31, 2016.
Total current liabilities $1,025,461.
As of March 31, 2016, common stock: 001 par value, 800,000,000 shares authorized,
486,766,608 and 467,065,025 shares issued and outstanding,
respectively
Found company financial statements for year end 2016 and 1st quarter 2016.
They are unaudited and listed on company website.
Company has now missed their annual report and first Qtr. 2016 filings after deregistering and adopting alternative reporting standards. No excuse for not filing your Qrtly reports, unless there is no money to do so. Either way, does not bode well for the future.
Continued down trend even though gold prices climbing? Someone just dumped 1.5 mill shares at .005?
GPXM- :) upward trading channel will continue to rise the price in +/- 1/2 week :)
First time I'm in something like this - = like it ++++
122share paint job at .0075. Lol
Obvious manipulation on the part of someone with lots of shares to sell.
Looks like someone is taking profits and getting out while they can. All sells today.
Makes no sense to me, why this stock is trading above .001
From Latest Qrtly report. 800,000,000 Authorized.
486,766,608 and 467,065,025 shares issued and outstanding
From latest Qrtly report, "We have entered into options and agreements for the acquisition and development of our Nevada mineral properties. None of these mineral properties currently have reserves. We will be required to raise significant additional capital to fund our operations, pay ongoing legal costs, and to complete the acquisition of the interests in and further the exploration, evaluation and development of our existing mineral properties and other prospects. "
DENVER, COLORADO, May 31, 2016 - Golden Phoenix Minerals, Inc. (the “Company”) filed a Form 15 with the U.S. Securities and Exchange Commission terminating registration under Section 12(g) of the Securities Exchange Act of 1934 (the “Act”) and suspending the Company’s duty to file reports under Sections 13 and 15(d) of the Act. The Company’s common stock will continue to be publicly traded on the OTC Pink Current marketplace under the symbol “GPXM”.
The Company’s annual and quarterly unaudited financial statements will be now be posted on the Company’s website at www.goldenphoenix.us.
Hi Pete,thanks :) GPXM trading now at 77
Great volume today, news must be just around the corner!
25 shares x .0044 = $.11 of trading volume. Impressive.
What have they accomplished?
Dear Yaya, they indeed have accomplished lot of things last year and half: I like that.
I'm only a little fish :)
Glad to hear you say that??
And I always said I appreciate this co and appreciate this management - I believe in them and the course of event shows I am right. And I also like the last choices made:
- new land with good gold res.
-new Director
Punto,
Have a nice week-end anyway
what are you saying??? was alone on this board for years-!!!!!!!
pand, who do you and the pistol work for? Or are you one and the same person or family?
You sure do have a ways to go to make pumper first class.
Of course, GPXM would no longer attract the pumper first class types, they have no money and nothing to pump!! LOL
Hallo,my fault, not Pete's one-I wrote to quickly to him the wrong ticket :)
It helps if you spell it correctly . GPXM
, not GXPM
Just saying.
GXPM-thanks-I'm curious to see the evolution concerning the financing of new acquired
gold field - results were great. The new Director is very experienced on investors and financing :
let's see -
Good day to you Pete :) People are starting to notice that
GPXM is living a nice, constant and wonderful uptrend channel :)
How interesting. I can think of a few CEO's that deserve a dose of that Karma. Actually, the Pinks are full of them .
Kinda nice not to have to report any earnings, 10Q's, 10K's or anything else.
Makes it easier to scam your investors. At least some got some nice wallpaper certificates for the placement money they put in.
I heard a nice story recently that the former CEO was seen by one of my friends, and had some teeth missing. Karma??
Why is this stock trading so high, and not in the trip zeros???
Pink sheet company, with limited info OTC yield sign, and close to 500 million outstanding. Last financials showed almost no cash, and nothing happening???
Been watching the small buys for weeks now, walking it up a little at a time.
Makes no sense at all.
A rather stunning/sustained uptrend is in full effect...
Sorry for the wrong post-GPXM extraordinary trend
FDBL-lot of neg.posts today ...maybe they just wanna in under 20 ...
GPXM 60-64 today :)- SFOR at 8-9 hummm
GPXM- 59-63 today about 300'000 shrs :)
Pst and also GPXM: churning at 45-53// silent stock going to penny :)
Not to Forget: good Day Péter :)
Gpxm:45-50 right now:) on 500'000 shrs if it´s on news anticipation ....must be a big one
Ibox share count should be updated. There are at least 486,764,718 shares outstanding if you add up the Form 4's on top of the last OTC update from Nov. 04, 2015.
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The Company’s current mineral properties consist of options to acquire interests in the Mhakari and North Springs properties in Nevada. More information on the Company can be found at www.goldenphoenix.us. |
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