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If I am reading the 6K that was filed yesterday, there will be a vote on a proposed Reverse Stock Split at the end of the month. It was posted on Stocktwits. I could be wrong bc there are alot of references to issues that I am not familiar with. EP
I'm still watching it percolate. I got burned on a Chinese stock once because of cooked books so I am being very cautious. If you happen to have lunch with the Winklevoss twins you could ask them how they knew to invest in Bitcoins and where they put their settlement money from Suckerberg and Facebook. I may be wrong on the total but as i understand it Bitcoins is being limited to 21 million. If that is true, there is tremendous potential. I just don't have a feel for the players in this merger, i.e., dilution, RS, cooked books, gov't takeover, etc. I will continue to look for an entry and trade it for some fun. EP
SeatonBM - I got into SANP on Monday at .0015 and got stopped out yesterday at .002-.0023 with a small starter position - 500k shares. I plan to buy back today depending on what happens. I also trade In INMG. I am not a flipper. I started buying JNJ in 1972 in my main account and income averaged each month and still do. I don't trust Chinese companies because of their lack of auditing ethics but the story and momentum got the best of me. I researched Bitcoin mining and still can't get my head around the ledger aspect and whether it can be manipulated. I saw Mark Cuban on TV yesterday and he said he took a small position in BitCoin. So I will keep trading SANP and see where we go. 95% of this trading account is in AMFE. My other trading account is split between Aphria and Canopy hoping the weed sector will run into next July and the Canadian gov't executes as stated. As with AMFE, I don't trade these two stocks just buy more on dips because as with AMFE they make money. I found SANP on OTF, where did you find it? I usually don't post much but I have been reading your posts and you seem to have a keen sense for the obvious and don't post speculation. EP
Thanks
Peterbelt100-Where did you get that info. I have been looking for a source of buy/sell volumes. TIA
200 day MA at .0086. Will it hold? EP
PSP32 - Well said.
With no news and constant speculation by posters with their own agenda, the MMs are in total control. One could buy now or buy twice as many shares at .0066. I will wait as the pattern for this stock repeats itself or buy when some credible news such as contracts that produce revenue are PRd. I am a believer in the concept and feel this could be something special, but I don't know if a CEO who had his best days 40 years ago can pull this off. Maybe. I hope so. The potential could be tremendous. We'll have to wait it out and buy as the pattern repeats itself with no news. Come Camelot move it down. You can do it.EP
Broke the 50 day. 200 day at .0085. Will that hold or do we test .0066? Come on Camelot keep posting. I will buy in the trips.
Camelot - If you had material news you would post it because it may just induce some buyers to hit the ask.
Camelot - Why don't you post this material news that is coming?
Save your money - Buy the trips. Just around the corner. Camelot is doing his best to keep potential buyers away with his constant cheerleading. StockRockets is pumping this just like he did with $JAMN and $VCPS in July. Look where they are now. Buy the trips. EP
Gogoyears - I hope you and all investors, including me, are successful with INMG using whatever trading strategy we use. I have found when a CEO does summarize potential contacts/meetings as a result of a conference it does keep his support base interested and feel the he has their best interest at heart. These may materialize in the future but when there is silence after a major conference, doubt and direction become suspect. I'm hoping for the best because I will keep a sizable amount of free shares in the mix. This company has so much potential to make us all very wealthy. I am hoping for the best but I am not convinced this CEO can make this a successful company without staff who understand the current culture who he would need to appeal to. Just saying'. EP
Pennystockpro32 - A CEO has the responsibility to run point on the stock and keep his shareholders informed as to what will propel the stock to the OTC and beyond. His silence leads me to believe he doesn't have any substantive material transactions that will move the price point. I do think his concept is doable, but perhaps it is beyond his skill set despite his past successes. We are dealing with an alternative culture and a political spectrum that is tentative at best and a DOJ that is questionable. I was heavily invested until I saw the selling prior to the MJAC and the lack of follow up by Coleman. I still hold a sizable position but will not buy again until he steps up to the plate with a "SIGNED" deal that will guarantee revenues or unless we hit trips. I want this to work but too many missed opportunities by the CEO. In the meant time, I am staying with my board game stock and the MJ stocks that have has given me a six figure return and will buy more INMG as the opportunity presents its self. Best wishes in your trading.EP
CAMELOT - Your constant grade school cheerleading will only cause new investors to pause before buying. Only factual DD and having a CEO to start communicating with his shareholders will move this stock. There are many books on the market than can help the unwashed, such as yourself, learn how to move a stock's price point. I suggest you try learning some of these techniques to help you in the future. This stock has exponential potential. Unless the CEO can PR an announcement that can be monetized rather that some future event which equates to air bucks, this stock is another Pinky headed of the crap heap. EP
APHRIA CFO reply to delisting:
Thank you for your interest in Aphria.
Last week, the TMX Group issued a press release on this issue. We are not being delisted from the TSX Exchange.
Hope this helps. EP
Sarshee - Here are Perry's thoughts on mining the Fraser River Project during the winter months:
"We expect to operate year round. Winters are fairly mild, and while it snows from time to time, it's normally not enough to prevent us from operating. We're at a low elevation (approx 700 feet above sea level).
Hope this helps. EP
Fred Couples ad with him wearing a shirt with Anatabloc on it currently running on the Feherty Show on the Golf Channel.EP
Thanks.EP
GB - I use Briefings.com for earnings info and they didn't have a listing for STSI. I'll have to start using Yahoo as well. Thanks. EP
Thanks.I'll post Talia's reply if she get back to me today. EP
Earnings - Does anyone know if STSI reports earnings before the market opens or after the close tomorrow? Also, is there a conference call scheduled? No info on the website. Left message for Talia but no reply at this time. Thanks EP
MHSA compliance is necessary to open the mine. It is part of doing business in mining operations. Think of the compliance issues GE must have in the various continents it is in. Hats off to Perry for having the foresight to get approval now rather than waiting until the rehab was finished and then find out he has to retro fit some aspect of the mine. I feel this is positive as it is one less hurdle to overcome and gets us closer to production.EP
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Bruce - Thanks for the video. The size of those nuggets is truly a thing of beauty. Everything seems to be in place and now its just a matter of time.EP
RichieRich - This may be of help to you. Perry hasn't missed on any projected objective in the last 4 years since I have owned the stock.
Quote: May 28, 2011
Perry Leopold: "Over the next 6 months, our highest priority is getting the Ruby Mine into operation and successfully completing the transition from being an exploration company to becoming a gold producer.
Following that, the acquisition of additional operating mines in the US and the consummation of more joint-venture agreements in Canada are our next highest priorities. My goal is to end 2012 with at least 5 mines in the US in operation, and 5 joint ventures in Canada under contract. And I believe that is an entirely realistic objective, and well within our capabilities". EP
I agree. We need Walt's input. EP
News on Joint Venture is out
Nilbud - Thought this might be of interest to you. Perry has delivered everytime he has stated an objective to be accomplished.
Quote: May 28, 2011
Perry Leopold: "Over the next 6 months, our highest priority is getting the Ruby Mine into operation and successfully completing the transition from being an exploration company to becoming a gold producer.
Following that, the acquisition of additional operating mines in the US and the consummation of more joint-venture agreements in Canada are our next highest priorities.
My goal is to end 2012 with at least 5 mines in the US in operation, and 5 joint ventures in Canada under
contract. And I believe that is an entirely realistic objective, and well within our capabilities".
EP
Thanks. Great article.
Thanks. Makes sense.
Its not that I don't trust him, I have been with NBRI since 2008 and have seen what he has accomplished. He has come thru every time he stated an objective to be accomplished. I am just trying to get a feel for the the logic behind the decision, not that I have a better idea, just curious.
Any comments on the following is appreciated. I don't have any experience in mining operations. Why not start now and generate revenue to fund the refurbishing of the mine shafts?
North Bay CEO Perry Leopold commented, "...... We could begin mining immediately at the head of the Lawry Shaft, but we have decided to start at a deeper section of the mine where C.L. Best was forced to stop mining in 1942, and it is critical that full ventilation be restored to the entire length of the tunnel before mining operations can begin."
EP
Phrantic - Thanks for the post. Great input by Schiff. EP
Progress Report on Ruby has been posted by Perry.
Here is a peek at what the people who haven't bought into NBRI or sold their shares could be saying in the near future. EP
www.youtube.com/watch?v=nGeKSiCQkPw&feature=youtube_gdata
If the link doesn't work, go to youtube/Ultimate Dog Tease
Rarefind - One can tell by your command of the King's english that you are among the "unwashed". Try using some of your time learning correct grammar rather than posting your useless banter on this board.EP