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It starting to slowly move back up, need to jump back on before it is to late. You can try to talk it down all you want but it will speak for itself hear in the near future, Just wait and see.
This one is going to take off within the next six mos. Just a gut feeling but I think it will be around .10 here soon again.
Unfortunately...
...there is little-to-nothing under that sand - no diamonds, no gold, no nothing!!! Just a lot of hot air! What a joke!!!!!
This fish is washed up on the dry sand and gasping for its last breath. Last one in turn the lights out
Comon mozart! perhaps Alwaysinside had a sexual thing to it!....get it? always inside....hahaha!
just kidding.....thought I'd throw humour to this bla board!
Hello Shaun. Man you're good!
Keep everyone stringing along!
Bottom Line: the stock price is in no way reflective of the companies quality of land. (6/29/04)
So far, we've heard nothing that has come from that wonderfully high-quality land!
The company is still looking out only for the best interest of the shareholders. Thanks for your patience. (8/4/04)
"Thanks for your patience"? Why would anyone other than Shaun say such a thing?! Why would "Alwaysinside" thank you for your patience? Think about it!
Its tough to say when an offical release will be sent out but there has been progress made just today regarding a finance deal. (8/4/04)
How does he/she or anyone really know about that?! And, BTW, progress toward financing does NOT mean financing is imminent, not by a long shot! So many things can go wrong in obtaining adequate financing, especially for a Pink Sheet company like this. "Progress" toward financing means NOTHING! It only means something if/when the financing is FINAL - sign, sealed, and delivered!!!
So, as it's been said before: Caveat Emptor!!!
If a financing deal is brewing than this means that perhaps the deal with Garnet Point fell through and no progress was made on drilling the Candle Lake site or milling the Sturgeon Lake site. Any info regarding drilling ?
Thanks
Its tough to say when an offical release will be sent out but there has been progress made just today regarding a finance deal. However, the details can be excruciating so perhaps.......with any luck before the 23rd? I will post updates weekly.
Thanks
Thanks for posting that info Alwaysinside. We need to continue to hear from the company even if its just once a month through a pr so that the shareholders are kept up to date about what is really happening. Communication is critical especially when it comes to penny stocks. Any specualtion when we will hear from the company next in a formal pr? Im not asking for any inside info or content, just when all shareholders might expect to hear from the company next. I do agree with you patience is required and I have that as long as a company at least has the courtesy of letting investors know things are still happening.
Thanks again
Perhaps there was talks. The company was trying to clean up the market that was destroyed by the former insider, to figure how much he(and his 2 associates) put out there.
We know what was put out there, thanks to the transfer agent(Pacific), however, due to cost, convenience and paperwork the company is considering being its own transfer agent.
The company is still looking out only for the best interest of the shareholders. Thanks for your patience.
Alwaysinside, was there some talk of reverse spilt?
...and dropped?
how about transfer agent stuff.....
thanks in advance..
In regards to the phone call I received last week, (I don't know who you are)here is an update as you requested.
There have been no serious talks of a reverse split from what I am told.
The company has not failed on its properties, but has been delayed.
There are a couple of financing deals in the works as we sit, but those take time.
The light at the end of the tunnel is within reach and patience will help.
Good day.
By the way mweco. That pr is old news from April that most of us were well aware of. You wont see any progress on that front either.
Thank you mweco for that little news - hope it amounts to something soon. d.
Larson Diamond Drilling is currently drilling the the GPVI Candle Lake site. Any positive PR will send the share to atleast 0.09 which is only a market cap of $9M, well below any other microcap diamond exploration company.
http://www.prweb.com/releases/2004/4/prweb115997.htm
Actually on further thought the pr of an oil deal wouldnt surprise me. They started on diamonds, released a bunch of promising news, did nothing and the price tanked. Then they said the bought some prospective gold property and have since done nothing. My guess to try and get a share spike on rising gold prices at the time. Now oil LOL. Yeah maybe they will announce they have a prospective oil property and do nothing with that as well. They can file that property in their inventory with the other no result properties.
Ah joey? Where they going to get the dough to explore all these properties? Oil would actually be another negative because it would show no focus by the company to one particular area.
Not to mention that the company themselves has said certain people were selling shares they shouldnt have. Yep thats real comforting to share holders to know the company allowed this to happen under its nose
Mweco a reverse split doesnt make sense. You are right. But im not the one exploring the option of one. Maybe you need to let the company know it makes no sense
Averagejoe you are talking foolish. What you are saying is impossible. Listen to yourself.
A reverse split without positive news driving the PPS up does not make sense. There is no reason to do this and it only costs money in stock transfer fees. Personally I hope they do a RS and the stock drops back to 0.015. I'll buy more !
That would be good news. Could you fill in the details please.
How bout it averagejoe? Not going to see that with GPVI. GUARANTEED
how about a killer oil deal ready to drill and complete within 6 weeks...
Yeah good old surefire Shaun with his great handpicked properties will produce nothing! Nada!!! This is the guy who likes to criticize other companies on other message boards? What a clown. I believe if you look back at a Canadien public company that Shaun served on the board of , you will see they did a reverse split.
Prediction, this company will produce two things: A bunch of empty holes in the ground and a Reverse split!!
Heeeelooooooooo! Is there an echo in here ;) C'mon Shawn, don't let me lose my loot - make something happen ...... holdin on ....... d.
Oh I think there will be a reverse split imho and my sources are telling me they are considering it as we speak. The o/s is 100 million shares and the true float is closer to 40 million so this will simply reduce the float back to 20 million. I agree a r/s will be the kiss of death for GPVI.
Something is seriously wrong here as the company has clammed up on all news and all course of action. The only thing they can tell shareholders is that some renegades are flooding the market with shares. Not very comforting
Shawn, must be pissin off transfer AGENTS!
...Reverse split I doubt it, there is nothing out to begin with! perhaps a forward split on this stock?...anyone?
Shawn may not be the most humble guy to deal with then again business is business...got to get the right deal!
So you know I'm not a Pumper or a Basher = Trader and this stock doesn't have the volatlity BUT as a keeper till Shawn get's it right? with luck? or am I jusat dreaming??? any opinions welcome...!
I was going to buy but rumours like RV split gets me nervous...unless someone wants this to go lower? Hmmmmmm? anyone...
Thankls!
Great! So what's next for GPVI???!!!...
NOTHING!!!!!!!!!!!!!!!
Nearby Shore Gold has just reported positive diamond results at their Fort a la Corne region in Saskatchewan.
A 19.6 carat diamond !
http://biz.yahoo.com/cnw/040729/shore_gold_star_proj_1.html
Get ready for the reverse split. Then you will know this is sunk
I predict Reverse Split coming soon!!
Man...ain't this stock a beauty?!!!...
Treads water like a pro! And, they seem to be going through transfer agents like a hot knife through butter!
Caveat Emptor!!!
Judy's response was about 2 weeks ago so perhaps the figure for share float of 36M that Matt gave you last week is more accurate. Regardless of float size trading volume is extremely thin. I guess everyone here is just playing the "wait and see" game.
mweco when did you receive this email? I spoke to Matt Hansen last week and he said o/s was 100 mil. but float was approx. 36 million. That is a big difference from 19 mil. that Judy gave you. I dont have a problem with 36 mil. as it is still low imo. Also was told by Matt that the company is now acting as its own transfer agent which they are allowed to do under law. Matt and Judy need to get together and give the same story.
If they find anything I hope it is very very big, because Garnet Point Resources could potentially own 75% of the find. I don't have any shares in Garnet Point Resources yet, but maybe I should be looking into that also.
O/S at 100M equates to a market cap of $1.7M. When diamond grades are announced for Sturgeon lake the share price should increase significantly since the float is only at 19M.
I e-mailed the company regarding the share structure and an update regarding Sturgeon Lake. Below is the reply:
Thanks for your inquiry.
O/S: 100,000,000
According to our calculations current float is 19,120,000. The decline in share price due to a major shareholder selling out his position, without making us aware that he was doing so.
We have recently appointed a new transfer agent and legal counsel to assist us with corporate matters.
Re: Sturgeon Lake - diamondiferous kimberlite - tonnage will be process over the summer to determine the diamond grades.
Please feel fee to contact us again.
Thanks,
Judy Tayler
Trouble afoot??? Called the t/a today and they told me at Pacific that they are no longer the transfer agent for GPVI. That contradicts GPVI's previous press release and must have been a short marriage between the two. Maybe Pacific looked at it and said they dont want to deal with this mess. So now the question is who is the new t/a???
Hey Sultan,
You may be waiting for a long time my friend!!!
Mozart i am definitely not Shaun and have never met him. You say things look gloomy but i will wait for GPVI to release its news on its own timeframe
Let me get this right...
1) North Star is going to attempt to market diamonds.
2) The diamonds will be bought from a Canadian source at retail prices.
3) The uncut diamonds will then be shipped somewhere to be cut.
4) The diamonds which Northstar did not produce will then be amblazoned with a big N.
The people that actually find and produce diamonds would seem to have an advantage over a company that has to buy retail, get cut at retail and attempt to market.
Is there prestige in owning a diamond with N on it when the company is a dismal failure at finding a deposit of diamond? These guys can't even find barren kimberlite.
Lebaneseproud, like I said -
something doesn't seem right here.
BTW: anyone notice how "thin" the GPVI info. box has gotten lately. There's nothing there!!!
Funny i called the new transfer agent at Pacific and they told me GPVI is not set up yet. I have called several times over past few weeks since pr and told each time to called back in 2 days. Still not set up with Pacific Stock Transfer. Something not right. GPVI could have at least waited until they were actually set up with Pacific before issuing the PR. Very suspect
Mozart, I understand you frustration for losing, how did you say it "a boat-load" money on GPVI, NSDM and CMK, but there is no need to act in such a negetive manner b/c you dont want to see the prices go up. Fact are facts, these companys' shares have decr singnificantly in the past short term period, but at least for GPVI, it has bottomed or at least very close to bottomed and will make its way up in no time, B/C of the land! Cananda is well on its way to becoming the largest source of diamonds in the world. Its just a matter of time before GPVI takes root. They are a strong long term investment.
Hi Shaun!
Glad to see you've "gotten out of jail" by using a different alias.
Honestly, folks, who else would post such stuff?!!!
Hey Mayor...
I remind you of some of your recent posts...
05/27/04:
Shaun, concerns need to be addressed. I own a fair amount of stock with your company and think their is definate potential for extracting diamonds and minerals in that area. However, the concerns posed by Sultan are pertenant, not only to the investors but also to your company. Instead of petty replies, strengthen your credibility with concise answers. Afterall, we are all professionals here.
05/24/04:
Has anyone heard from them?
05/20/04:
Whats up guys. Yup fell for the same big PR push through that spam fax from equity resources, but I bought low and luckily has been holding steady. Something still isnt right. I hope it wont fly to a close. Shaun you better get your shady ass out here to explain some things. I am on the hunt as well...
I suppose ALL of your concerns have been adequately addressed?! ROTFLMAO!!!
Life is Doubt, and Faith without doubt in nothing but Death.
-Miguel De Unamuno y Jugo
The land will produce.
Look at the success coming out of Shore Gold which is trading well over $1.00. See pr below. GPVI is very close to Shore property and I think can have similar results.
SASKATOON, SK, Jun 22, 2004 (Canada NewsWire via COMTEX) --
George H. Read, P. Geo., Senior Vice President Exploration, is pleased to announce the initial diamond recoveries for the first six sample batches processed from the Star Kimberlite. These are the initial results of some 80 to 100 kimberlite batches that wi
ll be processed as part of the bulk sampling program on the Star Diamond Project, the aim of which is to recover a parcel of some 3,000 carats for valuation purposes. A total of 3,355 commercial sized diamonds (greater than 1.18 millimetre square mesh screen), collectively weighing 338 carats, has been recovered from the treatment of 4,913 dry tonnes of kimberlite. Thirty-three diamonds greater than one carat have been recovered and the three largest stones are: 3.50, 3.31 and 3.19 carats, respectively. In addition, 352 diamonds (6 carats) were recovered down to 0.85 millimetre square mesh. The colour of over 80 percent of these diamonds has been classified as white, with a further 12 percent classified as off-white.
Initial kimberlite processing commenced in three areas of the Star Kimberlite:
1.) The top of the kimberlite (Batch 1) was used to commission the plant as low diamond grades were anticipated due to dilution caused by abundant mudstone xenoliths in the immediate vicinity of the shaft.
2.) Kimberlite was processed from the shaft above (Batch 5) and below (Batch 7A) the 175 metre shaft station, in addition to the kimberlite extracted to construct the 175 metre station (Batch 6).
3.) Kimberlite from the 235 metre shaft station (Batch 9) and kimberlite from the base of the shaft (Batch 10).
The kimberlite batches from the 175 and 235 metre shaft stations were processed to confirm lateral drift development proceeding on these levels. Batches 2A, 2B, 3A, 3B, 4A, 4B, 7B, 7C (all from shaft), 11 and 12 (from 235 metre level) have all been processed on-site and the concentrates dispatched to the sorting laboratory for final diamond recovery. Results from these batches are pending.
All batches processed to date are classified as crater facies volcaniclastic kimberlites. The batches from the upper portion of the Star Kimberlite (Batches 1 & 5) are Late Joli Fou stratigraphic equivalent kimberlites while the batches from the lower part of the shaft (Batches 7, 9 & 10) are Early Joli Fou equivalent kimberlite. Batch 6 is located approximately at the boundary of the Early and Late Joli Fou kimberlite phases. Batch 6 exhibits some dilution from country rock mudstone xenoliths. The results suggest significant grade differences between the Early and the Late Joli Fou kimberlites. Batch 7A is a highly altered kimberlite breccia. The first shaft station was established at 175 metres below surface, above this altered breccia, for mine safety reasons. It is anticipated that lateral drift development will intersect this highly prospective breccia to the east of the shaft. Current mining on the 235 metre level has intersected similar breccias to Batch 7.
Initial kimberlite processed and diamond results for these six sample batches are listed in the table below. Grades are expressed in carats per hundred tonnes (cpht).
------------------------------------------------------------------------- Location Diamonds Largest Batch (metres below Dry Number of Total Grade Stone No. surface) Tonnes Stones (carats) (cpht) (carats) ------------------------------------------------------------------------- 1 Shaft: 107-131.4 825.52 246 13.08 1.58 1.30 ------------------------------------------------------------------------- 5 Shaft: 161.5-171 373.90 238 18.51 4.95 2.61 ------------------------------------------------------------------------- 6 Shaft & Station: 171-190.5 1,878.06 1,093 130.68 6.96 3.50 ------------------------------------------------------------------------- 7A Shaft: 190.5-196.2 265.83 356 32.85 12.36 2.87 ------------------------------------------------------------------------- 9 Station: 230.4-235 983.34 1,093 91.98 9.35 2.14 ------------------------------------------------------------------------- 10 Shaft: 237-250 586.13 681 57.06 9.73 1.10 ------------------------------------------------------------------------- Total 4,912.78 3,707 344.16 7.01 -------------------------------------------------------------------------
The three largest stones have been recovered from Batch 6: 3.50, 3.31 and 3.19 carats (all white), respectively. Ten diamonds exceed two carats and 33 diamonds exceed one carat of which 25 are white, 5 are off-white and three are brown. A total of 88 diamonds exceeds 0.5 carat. Over 80 percent of the total diamond parcel is classified white in colour, with a further 12 percent classified as off-white. The diamond parcel includes 24 yellow, 21 pink and three green stones. Ninety-eight percent of the carat weight of this parcel occurs in diamonds greater than 1.18 millimetre square mesh. A selection of images of some of these diamonds is available on the Shore Gold website: www.shoregold.com
Senior Vice President Exploration, George Read, states: "These initial diamond results justify the significant work that has been required to commission this bulk sampling project. We are greatly encouraged by these results, in particular, the size and abundance of large stones and the overall high percentage of white stones".
The diamond recovery procedure includes on site processing of kimberlite through the modular dense media separator (DMS), after which DMS concentrates are batch fed through an X-ray Flow-sort. In order to ensure the recovery of low luminosity diamonds, the Flow-sort tailings are processed over a grease table. Flow-sort and grease table concentrates are transported by a secure carrier to SGS Lakefield Research for final diamond recovery. The SGS Lakefield Research process includes drying, screening, magnetic separation, manual sorting and diamond weighing and description. SGS Lakefield Research is accredited to the ISO/IEC 17025 standard by the Standards Council of Canada as a testing laboratory for specific tests.
Grease table tailings and samples of the DMS light fraction have been sent to Rio Tinto's Thunder Bay Mineral Processing Laboratory for audit. These tailings fractions will be audited for both free and locked diamonds down to 0.85 millimetre square mesh. The audit process includes screening, drying, magnetic separation, crushing and manual sorting. The audit process was delayed due to an abundance of sulphide in the grease table tailings of kimberlite Batch 1. Grease table tailings audits for free diamonds have been completed for Batch 1 and part of Batch 6. Low diamond recoveries from the audit samples confirm the integrity of the processing plant. Most of the diamonds recovered from the audits are small (1.18 - 1.70 millimetre square mesh) and poor quality (brown or grey in colour). Audit sample processing continues and results will be integrated with final results. The Thunder Bay Mineral Processing Laboratory is accredited to the ISO/IEC 17025 standard by the Standards Council of Canada as a testing laboratory for specific tests.
Senior Vice President Exploration, George Read, Professional Geoscientist in the Provinces of Saskatchewan and British Columbia, is the Qualified Person responsible for the verification and quality assurance of analytical results.
The Star Diamond Project is designed to recover a parcel of at least 3,000 carats of diamonds to enable an accurate valuation of the stones. Up to 25,000 tonnes of kimberlite will be recovered from the shaft and drifts and processed on site to produce this diamond parcel. Shore is a Canadian based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Company trade on the TSX Venture Exchange under the trading symbol "SGF".
The Company is hosting a conference call at 09:00 am Eastern Time on Wednesday June 23, 2004. Please dial 1-877-888-7019 or 1-416-695-5259 to participate.
"The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release"
VIEW ADDITIONAL COMPANY-SPECIFIC INFORMATION: http://www.newswire.ca/en/releases/orgDisplay.cgi?okey=14555
For further information: Kenneth E. MacNeill, President & C.E.O.; George Sanders, Vice President Corporate Development; or George H. Read, P. Geo., Vice President Exploration at (306) 664-2202
News release via Canada NewsWire, Calgary 403-269-7605
In my opinion GPVI sits atop some of the finest prospective acres in all Canada. Stay tuned
You are correct mozart , you have no proof! You only have your opinion and your axe to grind. When this rather easily doubles from .017 to .034 imho. you will wish you picked some up
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