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looks like very early stage RSI and stochastic upturns, if the trend continues it should go parabolic<<<<Yep Doubloon..Looks like a zip code changer for sure..TY for the tip!
Sure thing bruce. Anytime my friend.
Redstick, looks like very early stage RSI and stochastic upturns, if the trend continues it should go parabolic. The share structure is soo tight here with only 30 million outstanding and at least 1/3 of them in long term hands (that I know of)
WOLV SH'ers..Please bow to REDSTICK..He has graced us with his presence and a chart..THX REDSTICK!
Haha solid advice bruce! Very much agree...
Exactly, Hopefully that works since there seems to be only a few of us here, and most seem pretty sensible. What's crazy is, the potential can be outstanding, and a run can be imminent, but you'll still have a wacker.
Bms up to 76...could be a huge week for WOLV <<<Yup..Ya think? Boardmarks gonna be 200 plus by the time this one hits stride..This one goes 10 bags in record time(.40)..Its all up to you guys..All you gotta do is keep you fingers off the sell button for a bit..And if you must sell to pay a gambling debt or pay a hooker,sell at the ask..
Bms up to 76...could be a huge week for WOLV
You and me both!
and i haven't finished loading up yet... oh well, i just have to be content with ask slapping next week.
Awareness continuing over the weekend...PR this week likely following the recent filing...
I know it...cmonnnn Tuesday! GLTY!
Up to 74 Board Marks as of now pennyexpert!
Somebody said something about that last week when it was 60 some BM's so we're headed in the right direction.
Only problem is we got to wait till TUESDAY to get that great week started!
GLTA !!
BMs continuing to rise this weekend...looking for a big week next week...
I heard the same......
I heard a different version of that story, namely that China had produced such a counterfeit "gold" bar.
That story broke back in November, I think.
That the US had the tainted bars at Fort Knox, or that they had actually been distributed is news to me.
This would be new news. GL T.
GLTA !!
yep they'll prolly find out it occured 30 yrs ago when a democrat was in office ...hehehe ok..OK I dont want any hate mail :o)
A couple of links...
http://news.goldseek.com/GoldSeek/1258049769.php
http://www.roadtoroota.com/public/148.cfm
According to Kirby's sources 1.3M-1.5M these 400oz bars currently reside in Fort Knox as well as have been sold into the global gold markets over the past 15-20 years.
Lump this together with GATA's work in exposing the secret manipulation of the price of gold and you add jet fuel to the gold conspiracy inferno.
The world is slowly waking up from the self induced coma that investors and governments have been living under when it comes to the realities behind gold and the implications of this awakening should not be underestimated.
What the fake gold bar story does is inject DOUBT on the accepted supply/demand dynamics of a shadowy global monetary reserve asset that has been blindly neglected for many years. The existence of fake gold bars, if true, is an amazing story and has the power to completely upend the global monetary system. Over the past 40 years, the reporting of the "official gold supply" has been focused almost entirely upon the work presented in the GFMS annual Gold Survey. This company's report is heavily cited as the "world's gold authority" but, as far as I know, GFMS neither questions the accuracy of its surveyed data nor verifies the quality, quantity or ownership rights of their reported global gold holdings. My friend Adrian Douglas over at GATA and MarketForceAnalysis.com helped expose this highly questionable operation with his article GFMS cooks books to make gold look bad.
That story has been circulating for some time..appreciate the follow up Bruce...Your right cork..could be bad doins..
That's big news bruce, do you have the source link for who broke the story? That's gonna have some serious repercussions.
GLTA !!
Fake gold bars in Fort Knox-THAT could rock the whole gold world-glad to be in mostly mining stocks,as opposed to the actual metal-it's at least pure when they first pull it out of the ground...
Counterfeit Gold Bars Contaminates Global Reserves
Fake gold bars in Bank of England and Fort Knox | Pakistan Daily
Quote:
A recent discovery — in October of 2009 — has been suppressed by the main stream media but has been circulating among the “big money” brokers and financial kingpins and is just now being revealed to the public. It involves the gold in Fort Knox — the US Treasury gold — that is the equity of our national wealth. In short, millions (with an “m”) of gold bars are fake!
Who did this? Apparently our own government.
Background
In October of 2009 the Chinese received a shipment of gold bars. Gold is regularly exchanges between countries to pay debts and to settle the so-called balance of trade. Most gold is exchanged and stored in vaults under the supervision of a special organization based in London, the London Bullion Market Association (or LBMA). When the shipment was received, the Chinese government asked that special tests be performed to guarantee the purity and weight of the gold bars. In this test, four small holed are drilled into the gold bars and the metal is then analyzed.
Officials were shocked to learn that the bars were fake. They contained cores of tungsten with only a outer coating of real gold. What’s more, these gold bars, containing serial numbers for tracking, originated in the US and had been stored in Fort Knox for years. There were reportedly between 5,600 to 5,700 bars, weighing 400 oz. each, in the shipment!
Tom Sawyers' painting crew needs to organize their efforts
15:58:07 buy 1,500 shares at the ask of .061
15:57:22 buy 1,000 shares at the ask of .062
One month birthday tomorrow, still an unknown in the world of good plays. <<<We are just a baby here! Havnt even started crawling yet..Get a bunch of shares,add some more on a regular basis and check back next year is a "formula"<<pun intended>> for huge success!
One month birthday tomorrow, still an unknown in the world of good plays.
Good day and its a Friday..Groundfloor opportunity here..With a little patience this is how you make the big bucks IMO
should see even more traffic next week as word spreads.
I do not see any bottoms here on this chart once they release the drill and full assay reports.
Looking for the accompanying report next week :)
Funny thing is the head fake here today on the NT10q this morning and they still got it ready by the end of the day, Great job as they promised last month when Jmurfk called them and I am glad to be here with a company that sticks to there promises.
01/15/2010 3:40PM Quarterly Report (10-Q)
01/15/2010 6:01AM Notification that Quarterly Report will be submitted late (NT 10-Q)
Agreed...not a coincidence they released the 10-Q EOD on Friday...it wouldn't surprise me if they write a significant PR and release it pre-market on Tuesday. I'll be waiting for it :)
Very well could have been done as I had the feeling from day one they had more results then they have let out yet and this prooves it today. Looking for the PR next week they told us would come with the 10q. Great timing also with the Mine convention in Vancouver and great call by Doubloon on that for sure.
Tuesday would be great for news after they talk it up at the weekend meetings.
wowsers we have a possible huge tuesday now here.
Wolverine recently completed a more detailed prospecting and sampling program on the Labrador Claims in 2009 with the intent of establishing a ground grid for geophysical surveys
(induced polarization) in an effort to map out the extent of the disseminated copper mineralization in advance of a drill program. Details on the results of the prospecting and sampling program will be released shortly
Or maybe not, these were the wordings of the news
Wolverine recently completed a more detailed prospecting and sampling program on the Labrador Claims in 2009 with the intent of establishing a ground grid for geophysical surveys (induced polarization) in an effort to map out the extent of the disseminated copper mineralization in advance of a drill program. Details on the results of the prospecting and sampling program will be released shortly
The 10Q was for period ending Nov 30, 2009. Referencing the the most recent news, seems like phase 5 may also have been completed. The news stated IP polarization which is phase 5. What'd ya all think?
Paint job courtesy of yours truly.
Have a great weekend everyone!
He painted, lol
yes they are, I have no idea when they will release them, hopefully soon.
Looks like the reports are in hand from the fall sampling. Curious to see the results.
5. Phase Five- Subject to positive results in phase four this phase of our company’s exploration program will consist of an IP survey (Induced Polarization Survey) over anomalies identified in [color=red]the phase two airborne survey to determine drill locations for a fall 2009 drill program at a total estimated cost of $512,000 (Cdn $525,000).
great and that is what we needed.
Looks like the fall sampling was done, and the reports are in hand.
From the 10Q just out
4. Phase Four – This phase of our company’s exploration program will consist of prospecting, sampling, excavating and trenching as outlined below at a total estimated cost of approximately $146,000 (Cdn $166,000). The prospecting and sampling program portion of phase four was completed in the fall of 2009. The trenching portion of phase four is estimated at $116,000 Cdn. An assessment report on the fall 2009 program was completed and filed with the Department of Natural Resources of the Province of Newfoundland and Labrador.
5. Phase Five- Subject to positive results in phase four this phase of our company’s exploration program will consist of an IP survey (Induced Polarization Survey) over anomalies identified in the phase two airborne survey to determine drill locations for a fall 2009 drill program at a total estimated cost of $512,000 (Cdn $525,000).
Checking it out now...
Wolverine Exploration Inc.
(An Exploration Stage Company)
Balance Sheets
(Expressed in U.S. dollars)
November 30, 2009 May 31, 2009
$
(unaudited)
ASSETS
Current Assets
Cash 2,048 673
Amounts receivable 4,334 3,189
Prepaid expenses 17,927 –
Total Assets 24,309 3,862
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current Liabilities
Accounts payable 267,771 246,513
Accrued liabilities 76,707 58,855
Loans payable (Note 4) 21,000 36,000
Due to related party (Note 5) 16,812 14,915
Total Liabilities 382,290 356,283
Stockholders’ Deficit
Common stock, 200,000,000 shares authorized, $0.001 par value
68,630,000 shares issued and outstanding 68,630 68,630
Additional paid-in capital 1,030,770 1,030,770
Common stock subscribed (Note 6) 141,000 –
Deficit accumulated during the exploration stage (1,598,381 ) (1,451,821 )
Total Stockholders’ Deficit (357,981 ) (352,421 )
Total Liabilities and Stockholders’ Deficit 24,309 3,862
(The accompanying notes are an integral part of these financial statements)
F-1
--------------------------------------------------------------------------------
Wolverine Exploration Inc.
(An Exploration Stage Company)
Statements of Operations
(Expressed in U.S. dollars)
(unaudited)
Accumulated from
Three Months Three Months Six Months Six Months February 23, 2006
Ended Ended Ended Ended (Date of Inception)
November 30, November 30, November 30, November 30, to November 30,
2009 2008 2009 2008 2009
$ $ $ $ $
Revenue – – – – –
Expenses
Foreign exchange loss 3,998 – 3,771 – 12,669
General and administrative 67,680 45,976 119,990 143,911 970,099
Mineral exploration costs 22,799 – 22,799 – 267,392
Write-down of mineral property
costs – – – – 348,221
Total Expenses 94,477 45,976 146,560 143,911 1,598,381
Net Loss (94,477 ) (45,976 ) (146,560 ) (143,911 ) (1,598,381 )
Net Loss Per Share – Basic and
Diluted – – – –
Weighted Average Shares
Outstanding 68,630,000 68,630,000 68,630,000 68,630,000
(The accompanying notes are an integral part of these financial statements)
F-2
--------------------------------------------------------------------------------
Wolverine Exploration Inc.
(An Exploration Stage Company)
Statements of Cash Flows
(Expressed in U.S. dollars)
(unaudited)
Accumulated from
Six Months Six Months February 23, 2006
Ended Ended (Date of Inception)
November 30, November 30, to November 30,
2009 2008 2009
$ $ $
Operating Activities
Net loss (146,560 ) (143,911 ) (1,598,381 )
Adjustments to reconcile net loss to net cash used in operating
activities:
Write-down of mineral properties – – 348,221
Changes in operating assets and liabilities
Amounts receivable (1,145 ) 6,428 (4,334 )
Prepaid expenses and deposits (17,927 ) – 8,173
Accounts payable 21,258 17,913 259,883
Accrued liabilities 17,852 18,870 76,707
Due to related parties 1,897 75,242 24,700
Net Cash Used In Operating Activities (124,625 ) (25,458 ) (885,031 )
Investing Activities
Acquisition of mineral properties – – (321 )
Net Cash Used In Investing Activities – – (321 )
Financing Activities
Proceeds from loans payable – – 36,000
Repayment of loans payable (15,000 ) – (15,000 )
Repayment of note payable to related party – – (34,000 )
Proceeds from common stock issued or subscribed 141,000 – 912,400
Repayment of common stock subscribed – – (12,000 )
Net Cash Provided by Financing Activities 126,000 – 887,400
Effects of exchange rate changes on cash – 7,493 –
Increase (Decrease) in Cash 1,375 (17,965 ) 2,048
Cash, Beginning of Period 673 18,990 –
Cash, End of Period 2,048 1,025 2,048
Non-cash Investing and Financing Activities
Note payable to related party pursuant to mineral property vend-in
agreement – – 34,000
Refundable staking security deposits received pursuant to mineral
property vend-in agreement – – 26,100
Shares issued pursuant to mineral property vend-in agreement – – 340,000
Supplemental Disclosures
Interest paid – – –
Income taxes paid – –
10Q JUST CAME OUT ALSO.
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