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.
LOL, $5 adjusted split down to .08 cents. What a scam.
Looks like you finally got a seller at .13 cents.
WOW, .13 cents. That's .0325 pre-split. Hard to believe this was $1.60 split adjusted not very long ago.
What could explain the fall from $1.60 to .13 cents?
Looks like the are SOL. .19 cents and falling...
Wow someone bought 60,000 shares today. Hopefully they know something we dont know. At least there was a lil action today. We need a good PR with a bit of direction for the company.
It just appears that they are trying to realign themselves and who knows if and when any information will come out. Hopefully soon there will be some good PR and we can get this back at a reasonable price. I just seems no one is REALLY wanting to sell the shares they have either so who knows.
Yeah, I was just joking around. I wish it was that much. I dont know what to think about Mercer anymore. Im just holding the bag nowadays. Im glad its not a big bag though.
JB
No not really. It is only reading that way from when the price was before the 4:1 R/S so it only appears it went up that much because today want the first day the "D" fell of that symbol.
What happened to all the pumpers?
New symbol: MRGPD
Also new, another resignation. This thing is FUBAR!
This stock was my 2nd attempt with OTCCB and Pink sheet stocks. the first I got out of with a handsome profit before it tanked, on a pump and dump. This one tanked in my hands. I also have a compilation of 10 recommended stocks posted to me through this site, on no doubt paid promotions, and all after the initial surge are now in the red.
The simple fact is the risks far outway the rewards in these markets. unless you have all the trading tools, and are prepared to sit at your computer all day. You can win or more than likely lose a fortune.
That's the last penny I'll ever spend on these markets, I'd rather go to Vegas at least I can look at the pretty girls while I'm losing my money there lol.
There is still the problem of 10 million shares recently issued at .05 cents.
I told my self i would sell the bastard if it reached .05, but for some reason I just can't do it. I still have this weird feeling that it is going to pop. we need a newsletter pump and dump badly
Hope you all got out OK.
Looks ready to drop again.
Update: Doesn't look like it does.
Not sure if this link works here, but here are the "walls"
LOL! I don't ! I'm hoping. The bottoms gotta be somewhere.
And how do you know it's at a bottom? It kinda looked that way at .40
i'm sure you'll be all right Chris with your buy for I can't see going down too much more.I'm in for double your price and just waiting for the bottom to double down. Considered selling for a loss but going to hang on.
Yeah but that .09 will probably go away and the resistance will be back at .1 IMO. You only have one MM who is willing to sell at .09 but three who are at .10 and two at .11 so it appears the MMs are being stubborn on the price right now so I don't see it going lower than .08 IMO. So we still have 3 more days for the week and we shall see how it all shakes out. GLTA and thanks for the feedback. Always good to get others opinions.
Chris (Still in Iraq)
.09 is resistance now. Selling at .08 could become difficult..
Well I was half way right.. we at least got up to .09 I'm sure there should be some fluctuation tomorrow and it will at least go back up to .1 as some point IMO. I was a bit luckier than you and got in at .08 so it would have to go down for me to do a break-even trade. But my gut is telling me it should get a bump here in the near future. Thanks for the feedback.
Chris (Still in Iraq)
If the Bid doesn't move up above .09 tomorrow, I would be looking for the break-even trade.
I'm half way back to I was right... Still another hour and change left so we will see.
Chris (Still in Iraq)
.10 was yesterday's top of the falling trend line. That it dropped 20% today makes it unlikely, meaning that it broke down instead of up.
There's always a chance that it will breakthrough the downtrend at some point, but not today I'm afraid.
We're still in the Trading Average range. It was a lot of volume to get it to that price but I believe it will bounce back up to .1 before the end of the day.
Chris (Still in Iraq)
Looks like someone did.
Ya , know what ya mean. Tempted to sell and take the 5 cent loss per share
Not acting like it's seen the bottom yet, if there is one of course..
I think it already had its' hayday pump'n'dump with a media blitz. They don't often repeat it, or if they do, it's years later. That's not to say it won't hit the .18's this year, but something dramatic dropped it from .40's to .07's that hasn't been adressed. Even if it does, it's not likely to see .40's again.
Shesh I'm just small potatoes. I'm an active duty Navy guy... I only have like $1500 in my account that I am playing with. My purchase today was 5000 shares @ .08. Closing at .10 is good. If I were to sell now it $100 gain. I can't complain about that. But I think next week could be a good week for the MRGP. Hopefully we will get that run next week and bounce back for everyone else who got higher shares. In my defense I just started playing with stocks 2 weeks ago, so I'm VERY new. But the first piece of advice I was given was, "It isn't a profit or a lose until you sell." GLTA
Chris (Still in Iraq)
Looks like the big buy at .10 was overshadowed by a big sell at .095
Well, if it is a run, I don't think it will get past .15, though that would be a nice profit for you at least.
You got me bu someone make a big purchase of 70,077 share at .1 So hopefully we can ride this wave out till EOD.
Now they are down to 2 BOD:
http://biz.yahoo.com/e/110429/mrgp.ob8-k.html
Don't companies usually have BOD's from other companies? What's the point of a BOD that consists of employees?
Well I can't complain right now since it is as .11 and I got in at .08. As long as it holds I'll be a happy camper.
Well Golly! They raised the ask! Are we in for a bounce here or are they just screwing with us ? LOL
Here is to hoping we don't drop any further. I didn't have a problem filling my .08 today. It was pretty quick so I don't know why the L2 is showing other .08 and they aren't getting filled? Anyways I'm limited on my L2 access so maybe what I have isn't on the spot. I did see the accumalation that you were speaking of so hopefully this will make a bounce up next week. That would be nice! Hope all is well with everyone and have a good weekend.
Chris (Still in Iraq)
There seemed to be a lot of accumulation at .40 and .16 and where did that end up? If it was going to bounce back, it would have done so already IMO.
There seems to be a lot of accumulation. Things looking good for MRGP
Here's where all the mineral money went:
http://finance.yahoo.com/q/bc?s=LEXG.OB&t=3m&l=on&z=l&q=b&c=
52 week low: .12 cents. 52 week high: 7.69
I think you are correct on that. I am out in the mid 20 range
It's probably a very long-term hold for the people in above .30 cents.
These guys are looking at new mines to acquire. Between the Massive accumulation, the bottome it is hitting, and the fact that the owner is looking for someone to buy them eventually, we are in for a ride. This is not a long term hold IMHO. Plus with a newsletter coming out, this can move up fast.
Does anyone know what the real value of the company is? As far as I can see they are still paying themselves via stock so how do we know if even five cents is a fair price for this? There doesn't even seem to be much short interest so what could possibly take this to .20's again anytime in the forseable future? That's over a 100% gain from here.
I agree. NITE is accumulating a lot of shares. Looks like .25 on a run may be possible.
Followers
|
26
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
1643
|
Created
|
08/05/10
|
Type
|
Free
|
Moderators |
Mercer Gold Corporation is a junior exploration company advancing a prospective gold project in Colombia, South America. The Company is focused on a single project in the Marmato Mining district in a well established gold producing region.
Colombia has produced an estimated 85 million ounces of gold since the Spanish conquest in 1514. There is no reliable estimate of the gold produced prior to, and during the Spanish conquest. In 1937, Emmons estimated production at over 49 million ounces of gold during the post conquest period from 1514 to 1937, making Colombia the largest producer in South America during that time frame.
In recent times, Colombia has emerged as major producer of gold and a new mineral production projects. Recent production has earned Colombia a ranking which has ranged from second to fifth largest gold producer in South America, and 12th to 20th largest in the world (Ministerio de Minas y Energia, Colombia, 1999-2006). Mercer Gold Corporation is a leader on the forefront of Columbian Gold Exploration.
In guiding its efforts, Mercer Gold Mining has enlisted veteran management working with highly skilled technical staff and consultants, including a strong in-country staff and support.
Mercer Gold Corporation, entered into an Option Agreement with Comunidad Minerea Guayabales on March 4, 2010 to acquire a 100% interest in the Guayabales property. Mercer Gold subsequently entered into an Option Agreement with Uranium International (now renamed Mercer Gold Corporation) to acquire its 100% interest in Guayabales subject to the terms of the Underlying Option Agreement on April 13, 2010.
Mercer Gold Corp. has recently completed a NI43-101 Techical Report on the Guayabales Prospect and is now preparing for a work program on the property.
GOLD!Price per ounce | |
8 hour | 24 hour |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |