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This is all a lie. Fogassa and company never intended to develop this, or Apollo either for that mater. The bottom line is Fogassa made a lot of money
with this scheme and investors lost. There is no other way to say it. I wish it was, but none that I can see.
No updates, no revenue, nothing but a few words at the end of a paragraph. That Friday AH 10Q did just what it was designed to do, shake out a ton of shares of ATLAS from fearful shareholders only to be bought back on the cheap by those in the know. Now as far as Jupiter goes, this is about as in your face as it gets. Three and a half months of production (supposedly) and not ONE QUARTZ BLOCK SOLD, plus not even a simple update. This was not a mistake, this was orchestrated. I highly doubt there is hardly anybody at the Quarry even. The arrogance of this stuns me, even for Fogassa..
:) :) :)
Good Luck to you as well Brother! :)
Will be interesting to see what our first quarter of revenue will be. The 10Q should be out in 4 or 5 weeks. )
SP! Hope all is well BROTHER. :)
We have some action going on today. :)
at least we are seeing a little volume again.
in their new presentation under JG they say they are now selling Quartz to an Italian buyer for export. You would think they would show it a lot more prominently than that, but that is what it says.
Quartz is now being sold to an Italian buyer for export! :)
Would love to hear an update on how the start of Quartz operation is coming along.
This is interesting, seems like the15K buy comes up out of nowhere then all of a sudden it will sit more or less untraded for several days then pick back up.
I do not know either. The thing that makes me wonder is why the company has been mostly quite about this whole operation opening up. I agree, the15,000 coming again is odd. I really don't know what will happen here but I do know this, someday something will.
FINALLY! Been a long time coming. :) :) :)
No, not at all. I am sure he has not gone anywhere, probably Posting here and the under a different Handle on Stocktwits. He is not a Mod anymore last I looked, in fact there are no Mods anymore on the Atlas board I don't think.
Agree, it certainly appears so.
Yea, that came out yesterday in the AM. I was very surprised that there were no Trades the entire day. (at least that I saw). I wish they would have done a formal PR. not all that big on just Tweets.
Check out the ownership structure in the pdf on their web site. I think we are pretty much owned by four entities with Fogassa and BMIX alone having over 60%. The total for them all is about 85% (as I recall) I will check again but last I looked our OS was just over 8M. I think they say the float now is about 2,5M but I think realistically it is much lower than that. I think they start mining this has forward split written all over it or they apply for an up list.
Agree, something is going on. I think this will continue until we find out one way or another what Fogassa is going to do regarding the Quartz mining operation. Lets face it, we are not a mining company. That said, with Gold over 2,000 an ounce and the Quartz mining being a relatively simple operation (mining wise) you would have to think this has more than just a passing interest to some deep pockets. The Quartz alone is worth a boat load.
I don't have level 2 but I am assuming this is being accumulated. The volume is up every day now. Wonder why? :).
I am with you teme. This is slowly but surely being accumulated it seems! :)
Yea, largest I ever remember seeing. I think we had a 15K day once several months back as I recall. I guess the good news is we are starting to get some volume about every day now. We can only hope they finally do something with it and not keep kicking the can down the road. Honestly I am not sure how this will play out because at the end of the day we are not a mining company.
Yes it was ! :)
JG does not own any Atlas, Atlas owns ~28% of JG and Fogassa and company (just four people) own about 86% of that,last I looked. This has probably changed some by now so I could be wrong. I will have to check again.
JG does not own any Atlas, Atlas owns ~28% of JG and Fogassa and company (just four people) own about 86% of that,last I looked. This has probably changed some by now so I could be wrong. I will have to check again.
I couldn't abandon even if I wanted to, I still own 10K of this mess.(LOL)
I couldn't abandon even if I wanted to, I still own 10K of this mess.(LOL)
I believe Atlas has a little over 28% of JG. and about 60% of Apollo.
Nah Partner, wouldn't do it to you! (LOL) I just do not look at Ihub as much because there is little to no activity here anymore but if you start Posting I will also. Nice to see old Friends again. :)
I am doing this off of memory but as I recall ~86% of JG is owned by just 4 people so I guess that would leave our real float at less than 1M. That is not a lot, as you well know. I would like to believe something is finally happening here. They can't keep kicking this can down the the road and expect to retain credibility. Lets face it, we are certainly not a mining company, but with the Quartz permits in hand and Gold at around 2K an ounce we can only hope that some entity is willing to come aboard to either mine it, or buy us out. I for one would like to see a buy out. Hope all is well teme. :)
I am doing this off of memory but as I recall ~86% of JG is owned by just 4 people so I guess that would leave our real float at less than 1M. That is not a lot, as you well know. I would like to believe something is finally happening here. They can't keep kicking this can down the the road and expect to retain credibility. Lets face it, we are certainly not a mining company, but with the Quartz permits in hand and Gold at around 2K an ounce we can only hope that some entity is willing to come aboard to either mine it, or buy us out. I for one would like to see a buy out. Hope all is well teme. :)
With you there Partner.
Well the party can finally start, Lazy is in the House! Hope all is well with you and yours old Friend, glad to see you. :)
WELL, I guess we are not in Kansas anymore.
They finally got the mining permit for the Quartz. This is the most this stock has ever traded in a single day. (to my knowledge anyway) I believe they will look to up-list this also in due time.
Back at ya Money Man! We have definitely done our Time here, that's for sure! Merry Christmas and Happy New Year to you and yours old Friend. :)
We both have been waiting a long time for this Day to come. I hope it proves to be worth it. I think we certainly deserve it after all this time. MERRY CHRISTMAS Boat!
I agree, how this is going to Trade will be very interesting. You would think they would have to release some significant News either right before, or right after.
Money Man! Good to hear from you. I hear you Partner, we were both in the same boat. We got crushed back in the day (along with quite a few others) that is for sure, but as you stated,what choice did we really have other than stay? I just hope that when all is said and done that we both (and any others) can at the very least end up whole. Things seem to finally looking up for us, we deserve it. Hope all is well with you and yours old Friend. :)
Very well may be. The Road has been long for this stock but it sure looks like things are finally coming together. :)