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Always nice to see those GREEN numbers...(Just wish they were REAL!)
Trading to give the appearance of greatness happens. Here is a snippet from the charge of a guy that was arrested a couple of days ago:
http://www.scribd.com/doc/236063662/USA-v-Mrowca-Et-Al-Doc-1-Filed-01-Aug-14
Then put the cherry on top with an $11.00 paint @ $0.11.
Huh? Makes sense. So to artificially increase trading volume to give the impression that the company is more in demand than it actually is...
From what I know about a few of the players that were once involved or still may have a vested interest in this company, I wouldn't be surprised if this was the case.
Those two 550k block sells are suspect to me? Anyone have any thoughts or ideas of what may be going down?
Should be early next week ,now that is all imo.but the timing looks.like it.gepc was out today lsts should be next
What's the hold up on these financials? Things have been eerily quiet lately.
Yeah well def not today LOL!
I only wonder if management is getting as restless as we are??
Any day now would be fine!
Boy it sure would be nice to see some action! Hopefully it's the calm before the storm. $LSTS$
Interesting. Appreciate the info.
Sounds like things falling into place. The financials will confirm which I look forward to seeing hopefully soon.
Also half of the 860 mines in chile have stopped work,and green peace is down there to prevent any new ones from opening.
Ok a lil dd from a reliable source,first they have 3 properties.the one in use is 801.43 hectacres which to us 1950.acres ,they are using only 7.5 percent rihht now.the property is worth 2-thousand per acre.that makes it worth 4-6million,property alone.there is a 350000 balance owed.they have a water permit at 18 liters per second of which they use only 2liters per second now.leaving plenty to ramp up production when needed.this stock is very undervalued at .10 per share.when the fincials come out this stock should soar.
I think you're correct. New management has turned this ship legit (at least we hope) and has it on course to turning a profit. When we see fins I think us longs will be nicely rewarded IMO.
Looks like all the "Pump 'N Dump" brokers have exhausted this one...Maybe once it goes up legitimately,then hopefully it will stay up.
I'm a little surprised by the lack of trades for the past three days. Thoughts anyone?
I asked that question sat. 2 thousand acres of which they are mining 125 now.i seen a video of the process and it looked awesome.hang in there bud .
Shouldnt be much longer to get the finacials together .and post the videos on the mine that is producing food grade.copper sulfate,now.most people think copper? This is copper sulfate that is used for many things from fertilizer to animal.feeds. they will be able to sell every bit of production do to the demand for this product.
Reading the PR from 6/18 I fail to see exactly what the three parcels of land are. Like for instance how large is each parcel or where exactly on a map is each one.
http://ih.advfn.com/p.php?pid=nmona&article=62618115
MB1 you mentioned you were going to post some info this week? How's that coming along?
Page soon to be updated with the real facts. Give me a week or so to collect the data the output ,and the actuall mining operations output and we shall all feel a lil more confident.thanks go lsts
I have posted in the past some.negative things , i have since done my.own dd and know.the truth about these.guys and what they do,what they have done in the past is start a great company and then turn it over to management that has ran them to the ground.lesson learned on there parts .now they create real companies with real $ and have decided to be a very big part of the management team .now if operated.properly they will suceed in making us all some cash that we invested in them for .go lsts
Welcome MB1. I think the same. This company I believe has huge upside potential in the short term nonetheless, now that mining production seems to be rocking now. Plus I really like the management team. I think they've cleaned this company up quite a bit and got it running like it should. I expect we see the fins soon as well.
Ok last thing this morning i have also heard the mine was completely retro fitted and the new management team is on top of prodution like no other so lets get these 10 qs out and this thing is going to rise like no other.go lsts
Chile mine is in production with a approx value of 200 k per month.
Been hearing great things about this company.
Perhaps my reading comprehension is lacking, but this is what I understand:
The 10K was to be filed by 03/31/2014 - It was not.
http://www.secfile.com/our-resources/secdeadline/
The day after the 03/31/2014 deadline the NT-10K was filed.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9896043
The NT-10K said that the 10K would be filed in 15 days - It was not.
PART III - NARRATIVE
The Company could not complete the filing of its Annual Report on Form 10-K for the period ended December 31, 2013
due to a delay in obtaining and compiling information required to be included in the Company's Form 10-K,
which delay could not be eliminated by the Company without unreasonable effort and expense.
In accordance with Rule 12b-25 of the Securities Exchange Act of 1934, as amended, the Company will file its Form 10-K
no later than the fifteenth calendar day following the prescribed due date.
Good afternoon Sidedraft.
I saw your message asking about the 10k. It somehow disappeared so I am using this older message to respond.
I also have to admit that I did not see this post you made earlier. Management released news last week that they are now out of the pilot phase and in production. They did $360,000 in revenue in April and the plant will be in full production in August.
Although not in the announcement it is not difficult to calculate that full production will exceed $600,000 in monthly revenue till the permit for the plant's actual capacity is granted. That will more than double production after that. Despite the delay and tough time they went through, this company is in a great position now and I want to one more time extend my invitation to you to please come to Chile as my guest and see for yourself what is going on.
As for the filings, the update last week was that the company will be fully up to date by the time the next Q is due. This means that the 10k for 2013 and both the first and second quarter Q's will be filed before August 15th. Please note that the officers and directors are smart and wealthy investors and would not keep investing in this project at a premium to the market if they did not have full faith in the deal.
I am happy to talk to you at any time to try and get to a more amicable relationship and not have this negativity prevail.
Very sincerely
Zirk de Maison
Totally agree! Looking forward to the next few months. I can definitely see this PPS rising to .50 - 1.00.
Captain, looks like we are heading in the right direction. The next few weeks should be interesting!
It's just a matter of time before this PPS starts taking off IMO.
Things are def heating up!!!
And I'll be having a few cold ones with yall ! lol
Great to hear! And thank you for your update. When this thing takes off I'll be sure to buy you a beer ; )
Good morning Captian
I am very happy that management has finally given some numbers. Full production as indicated for July will be substantially more than double the May number.
Difficult to comment before the news is published but you can see that Otis no longer pilot production. There is long term supply contracts. The product is selling well. Expansion plans are in the making.
Over budget and two years behind schedule but I am very happy with what the new management in Chile has done and things in America is being handled professionally and execution is spot on right now.
Based on what I hear from friends in Chile I can just say "whatch the press"
Nice day today Zirk. My gut tells me things are getting close to erupt.
Captain, I've accumulated quite a few shares over the past year (avg price/share: $0.241); I am going to hold off on buying more shares, but I do few better about my investment in lsts based on yesterday's press release. I am expecting this to move pretty soon and wouldn't be shocked at all to see a promo. GLTY as well.
-Mike
Hey Mike. Now is the time to start accumulating more and more shares IMO because we won't see the PPS this low for a while.
I won't lie. I'm feeling good about this one and pretty soon they'll be lots of others sharing my joy!! GLTY
That's awesome news! A little vague I agree... But still a huge step in the right direction.
I said this before... I'm betting on the jockey (Bill Farley) on this one.
Hi Captain:
Positive PR today from the company concerning sales in the month of May ($362K)from one of their facitilies in Chile; doesn't mention the grade of CuSO4 though which would have been nice. Not sure how to post a link, but go to Yahoo Finance and lookup LSTS and you will see the PR.
Mike
My take is the folks in the Southern Hemisphere have no clue on what it means to be a reporting company, hence the late financials.
I'm thinking the 10k and 10Q won't say anything that impressive, at least to us right now. The only thing that means anything, is whether they have finally gotten mining operations going which they did report would start in Q2.
I'm still hopeful that with all the money they have invested in this operation that we'll soon see some results.
No way these folks have come this far without churning out some results.
Hi Captain:
I noticed that the 8-K report was posted on 28MAY14; looks like another delay. What are your thoughts?
Best Regards,
Mike
I've had a few brief email exchanges with the company. Although they don't/can't say a whole lot, we should definitely be getting some updates on mining and filings real soon. I have to imagine these board members (including Bill Farley) are growing a tad bit restless as well, considering the investment they have in this operation.
I still believe this company has some huge upside potential. When/if they could ever get mining operations to churn a profit. GLTY!!
Hi Captain, we are coming up on 45 days, I guess we will find out soon where we stand with lists.
Mike
Thanks Zirk.
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