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so is this promo just a one day thing? early morning gap leading to slight extra gains? or just a morning gap and a stagnant pps?
The board may be quiet but this ticker won't be for long...
$MAGE
Yeah you maybe right.
maybe that's a good thing
Maybe now's the time Here
I'm not a Casey Research insider, but get their alert emails & they were pushing a gold miner in Peru that got concessions. News out today on $MAGE & it shows they are/will. Regardless, chart showing bull pennant formation, & I see ARCA on the bid. Tells me someone is looking to possibly cover. On my watch list now.
http://www.otcmarkets.com/stock/MAGE/news/Magellan-Gold-s-Peruvian-Venture-Acquires-Concessions-from-Major-Mining-Companies?id=140112
NEWS: Rio Silver Announces Private Placement
http://www.otcmarkets.com/news/otc-market-headline?id=589275
Toronto, Ontario (FSCwire) - Rio Silver Inc. (“Rio Silver” or the "Company") (TSX.V: RYO) is pleased to announce that, subject to final regulatory approval, further to its previous news releases on July 4, 2016 and July 22, 2016, the Company has closed the first of two financings contemplated in its transaction (the “Transaction”) with Magellan Gold Corporation (“Magellan”) (OTCQB – MAGE). The first financing consists of a non-brokered private placement of 1,500,000 units (the "Units") at $0.05 per Unit for gross proceeds of $75,000 (the "Offering"). Each Unit consists of one common share of the Company and one common share purchase warrant entitling the holder to acquire one common share of the Company at a price of $0.05 until February 23, 2018. Pursuant to the letter of intent with Magellan, Magellan has subscribed for the entire Offering.
No finder’s fees have been paid in connection with the Offering. The closing of the Offering remains subject to final regulatory approval. The securities issued are subject to a four month statutory hold period expiring on December 24, 2016. The proceeds from the Offering will be used for working capital and general and administrative purposes.
The Company will make additional announcements relating to the second financing when all the terms have been finalized.
The closing of the Transaction remains subject to a number of conditions including the entering into of the definitive agreement, satisfactory completion of due diligence by the parties, receipt of all required approvals and consents, including TSX Venture Exchange approval, and satisfaction of other customary closing conditions. The Transaction cannot close until the required approvals are obtained. There can be no assurance that the Transaction will be completed as proposed or at all.
ON BEHALF OF THE BOARD OF DIRECTORS OF RIO SILVER INC.
Jeffrey Reeder
President and Chief Executive Officer
Congratulations to those who held on and added during the dips.
Patience is a virtue.
Yeah I think it is bad but who know what is going on. Let's wait and see.
I been a shareholder for a while but I'm getting tired of these nonsense PR's that do nothing. We're down again today :)
Let's give it another 2 weeks. If after 2 weeks, things doesn't moving. I will sale all of my shares! Let's cross our fingers!
ohhh please with the PR's, I've been following hundredths of penny stocks, it's always the next PR. lol. They're fucking with you, PR makes the shit go up and they make the shit go down. You lose they win and then repeat.
I contact the CEO of MAGE 2 days ago and asked about the result from the last PR News. Boom...there is PR News release today. It should be a long term investment. You should be patience with this company. Reward will come soon.
http://biz.yahoo.com/e/140515/mage8-k.html
I don't think so. It should have another PR coming out soon and it will be big.
News from Magellan
http://magellangoldcorp.com/about/
yep and is time to say good bye.
First time Pump & Dump subject, MAGE took traders for a scary ride, typical for Stock Mister solo efforts. 98% of trades were overpays*, thanks to a 920% gap up to the 51 cent high of the day that was reached less than two minutes after trading started.
That bouyed those that believe in fairy tales and the next several minutes was spent with insiders finding buyers in the .30s and .40s.
Those blew their wad just before 10:00 am, but there were plenty of suckers buying stock in the .20s over the rest of the morning.
Predictably, though, by the time lunch was over, insiders and pigeons alike were taking what they could get and shares dropped better than 80% from that lofty high. When the dust settled, traders were worth $114K less than they were at the start of the day, making them the biggest losers of the day.
Be careful out there!
www.pumpsanddumps.com
IMO i'd get out here .10+ while you can if you are holding.
JMO
There goes the dump. Got in too late. Thought everone was going to make a run on this pig., got in at .26. Sold @.22
Under .10 tomorrow.
MAGE about to get some action.
O/S: 48,869,091 (a/o August 2, 2013)
A/S: 100,000,000 (a/o December 31, 2011)
http://www.otcdynamics.com/mage-magellan-gold-corporation-promotional-campaign-starting-apr-28-2014-830-am-cst/
Good luck
MR powers MR Gibbs what are you guys u to now.
Fancy seeing you here mrturner.
New 8k out tonight.
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