Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Management not doing anything but sitting still or so it appears.
They may just announce that the company is up for sale. What is the property worth in New Mexico. The coal, gold, and silver rights was sold for half mil and then half the shares of maxe (locked up until next july). Right now just that is valued around 13 mil, $3 share for sun river shareholders. The rest could be sold from anywhere from 15 mil to 25 mil depending on how bad someone wanted the new mexico gas rights. I don't think they will do this at this time though but it is possible.
They may have to RS again in 20 days lol
One mustn't even be a pilot to recognize this death spiral; get as far away as possible from these guys!
Ditto my friend! i learned alot from buying this stock! smh!
I will never reenter this I made like $200 on the runup and it should have been ALOT more if the company didnt pull that fast one
I gotta hear some news of revenue! & maybe then i'll come back in!
It would be awesome to see it drop back down to pre Rs levels now after the 10:1
I think it has a good chance to anyways
After .17 is .11 thats only .03 higher then the day before the Rs .08 highs when they screwed everyone during a huge run up
I sold this Toxic waste!
This is gonna be pre Rs levels very soon LMAO
Yeah, good for them but not for me,The stock @ 0.45 when its all said & done, which may & thats a big "may" take up to a month.
The company is selling off leaseholds to reduce debt. Form 4's filed to award shares in lieu of salary. 1 for 10 R/S. Multiple management position departures.
Yeah your probably right, hope ya made good $
IMO looks like super shadyness and manipulation
No announcement then the form 4s
JMO
Must of been trying to pull some buyers in with the form 4s maybe?
No idea I saw all the for 4s filled from Nov 1 tho
Just was trying to play it today and was looking great then saw the R/s for tomorrow and didnt wanna hold this D for 20 days
Whos doing all the buying? Not much action on the board lately.
Was going very good until 12:45 when it hit OTCBB that they are R/s tomorrow 10:1
1-10 split coming rut row!
This companies asstets are too strong for then to fold...
something going to resurrect....not a good price point to
sell..
Nothing happening, don't know for sure what's ahead but snrv still owns half of maxwell resources who are just starting to see if they are looking at a lot of high quality coal in raton basin. China, Japan, and India needs this high grade coke for steel plants. Unless the whole world just falls off a cliff, a lot of countries are building power plants every week to burn the stuff along with natural gas and that is where the rest of sun river's interest really lies in this area. We are still going to be producing 30% of our power with coal in 2020 but gas is going to be rising for power as coal falls. Nothing happens overnight but it should at some point. Romney needs to win for things to start going a little sooner but it will happen.
going to make a move here to 111 cents
Value of Sun River's holdings in Maxwell Resources continues to rise a little more each day, over $35 Mil is what I see it right now. Who knows what the outcome will be but so far it looks good. Can't believe Sun's stock will not eventually reflect the New Mexico investments they have, in their own stock as well as maxe.
Yeah, just received a few PM's over the past few days with plenty of LoL's.
4sure
SNRV .085 going for $5bucks soon http://stockcharts.com/c-sc/sc?s=SNRV&p=d&b=1&g=0&id=p17970548896
lol
Max and Erma's was bought by American Blue Ribbon Holdings, LLC in 2010 freeing up the stock symbol but looks like investorshub still has them in their database
Maxwell Resources Announces Acquisition of Mineral Interests in ...
www.globenewswire.com/newsroom/news.html?d=10007520
3 days ago – Maxwell Resources, Inc. (OTCBB:MAXE) announced that it acquired certain mineral interests in Colfax County, New Mexico which includes ...
Not Max & Erma's LoL
Company Name: Max & Erma's Restaurants, Inc. Ticker Symbol: MAXE. WWW Address: www.maxandermas.com. CEO: Robert A. Lindeman. No. of Employees ...
Maxwell Resources IncOTCBB - OTCQB:MAXE
http://ih.advfn.com/p.php?pid=squote&symbol=MAXE
hmmmmmmmmmmmmmmmmmmm
sc
SNRV / MAXE News Maxwell Resources Announces Acquisition of Mineral Interests in Raton Basin
6:59p ET October 5, 2012 (GlobeNewswire)
Maxwell Resources, Inc. (OTCBB:MAXE $1.00 a share) announced that it acquired certain mineral interests in Colfax County, New Mexico which includes gold, silver, iron, ore, copper and coal. In addition, the Company acquired a three year option to acquire a working interest in any oil and/or gas wells in Colfax County. The acquisition was completed in July 2012 pursuant to the terms of a Contract of Sale with Sun River Energy, Inc. As consideration for the acquisition, Maxwell paid $500,000 and issued 2,564,103 shares to the shareholders of Sun River Energy which shares are subject to a 12 month lock-up.
The US Geological Survey (USGS) has published reports which estimate 9.6 billion tons of coal-in-place in the Raton Basin. The Company has selected approximately 6000 acres for initial review. Our Calculations estimate over 51 tons of cooking Coal could be in place on 6000 of our acres. Historically 45% of coal in place is ultimately recovered, processed and sold.
The Company has commenced geological assessment and site survey and has retained Leaverite Exploration Inc. to begin the assessment process which includes geological mapping and surface elevation among other testing criteria to prove up the first mineral potential in the area. The results of this survey will provide the Company with the road map that is required to roll out its plan, necessary for the years ahead mining the minerals.
Maxwell Resources' Goal: Exploration of the Raton Basin for Potential Energy and Valuable Metals.
About Maxwell Resources
Maxwell Resources is engaged in proving up gold, coal, hard minerals, and rare earth minerals. The Company's is focused not limited to developing these resources within the Raton Basin of Colfax County in Northern New Mexico.
Should be an excellent open Monday, but I see no reason too sell it all. I may find a double, take a few profits and hold the rest.
Let's see what happens early next week!
sc
Looks like MAXE is getting a jump on going after the coal.
They just opened up a web site and on it they say Jay Leaver of Sun River is working with them getting started. If they recover half of the 50 million ton est on the 6,000 acres, at est $250 ton today, that's worth going after, So I think we as SNRV shareholders will end up benefiting nicely from this.
SNRV owns half the shares of MAXE
This just came out today
SAN DIEGO, Oct. 5, 2012 (GLOBE NEWSWIRE) -- Maxwell Resources, Inc. (OTCBB:MAXE) announced that it acquired certain mineral interests in Colfax County, New Mexico which includes gold, silver, iron, ore, copper and coal. In addition, the Company acquired a three year option to acquire a working interest in any oil and/or gas wells in Colfax County. The acquisition was completed in July 2012 pursuant to the terms of a Contract of Sale with Sun River Energy, Inc. As consideration for the acquisition, Maxwell paid $500,000 and issued 2,564,103 shares to the shareholders of Sun River Energy which shares are subject to a 12 month lock-up.
The US Geological Survey (USGS) has published reports which estimate 9.6 billion tons of coal-in-place in the Raton Basin. The Company has selected approximately 6000 acres for initial review. Our Calculations estimate over 51 tons of cooking Coal could be in place on 6000 of our acres. Historically 45% of coal in place is ultimately recovered, processed and sold.
The Company has commenced geological assessment and site survey and has retained Leaverite Exploration Inc. to begin the assessment process which includes geological mapping and surface elevation among other testing criteria to prove up the first mineral potential in the area. The results of this survey will provide the Company with the road map that is required to roll out its plan, necessary for the years ahead mining the minerals.
Maxwell Resources' Goal: Exploration of the Raton Basin for Potential Energy and Valuable Metals.
I asked of splits because
there is mentioned in the I-BOX of a r/s
and post 142 mentions a forward split.
Just trying to get some clarity.
SNRV with Shares Outstanding 42,729,608 a/o Sep 13, 2012 why split anything?
Extremely nice bounce off the low with plenty of volume: http://www.profitspi.com/stock/view.aspx?v=price-and-chart&p=23716&i=SNRV&pv=recent-symbols&pp=SNRV#&&vs=634850615875954864
SNRV .085 up .025c today http://stockcharts.com/c-sc/sc?s=SNRV&p=d&b=5&g=0&id=p17970548896
Is this stock gonna...
reverse split or forward split.
I see two different opinions
SNRV 8k out:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8845507
On October 1, 2012, Sun River Energy, Inc. (the “Company”) issued a press release announcing on September 28, 2012,three Plaintiffs in a suit styled James Ballard, et al, vs. Sun River Energy, Inc., et al, Cause No. 12-06318, in the 134 th Judicial District Court of Dallas County, Texas dismissed their claims with prejudice. The full text of the press release is attached herewith as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
No way, LOL, u're fricking everywhere
lol...in too
I'm here to see Sunriver get to the end out of curiosity more than anything else. I do have a very small amount invested. If the New Mexico acres are finally brought to some sort of shareholder value as has been stated it could, then that's when my curiosity is satisfied and I will move on. New Mexico is the key to what happens to SNRV.
At some point it will be developed by someone, given that the world won't invent that new unlimited power source in the next 50 years. Just going over the numbers it would seem that with the debt they have they are worth well over what they are trading at if everything is sold at fair prices.
Followers
|
10
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
320
|
Created
|
08/22/07
|
Type
|
Free
|
Moderators |
Dallas, TX -- (PRNewswire-FirstCall) -December 13, 2011 -- Sun River Energy, Inc. (OTC:BB:SNRV). On December 13, 2011, Sun River Energy, Inc. (the "Company" or "Sun River") announced the termination of its consulting agreement with Cicerone Corporate Development, LLC ("Cicerone").On December 12, 2011, the Company terminated the consulting agreement between Cicerone and the Company. Cicerone has been providing consulting services to the Company since approximately July of 2009.
SNRV approves reverse stock split(R/S) within a range of 1-for-2 to 1-for-10 at any time prior to January 31, 2013.
(Nasdaq Approved SNRV 'S application for a listing - stipulating the stock maintain a PPS of over $4.00 for at least 10 consecutive weeks) The PPS began a freefall as It slid from over $5.00 PPS to under a Dollar
Feb 24 2012 SNRV terminated the service of another board member, Dr. Steven R. Henson, as a result of his disregard and failure to comply with the Company's Code of Ethics and Business Conduct.
The Company terminated Dr. Henson's service on the board following a series of recent events which the Company determined were in violation of the Company's Code of Ethics and Business Conduct. Those events included, but are not limited to, the following: (1) selling securities while in possession of material, nonpublic information (2) unauthorized disclosure of confidential information regarding the Company; and (3) unauthorized communication with the press.
Who is behind the newsletter? (it comes with the "usual disclaimer")
The One Thing For Certain Is That The SEC Is Watching!
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |