I read through the 10-Q and this piece of information is extremely positive news in my humble opinion.


During the next 12 months we anticipate incurring costs related to:

(i)
filing of Exchange Act reports, and

(ii)
consummating an acquisition.

I've been around with some fellow LOCN members who have been on this board for a bit. This should get interesting....my fingers and toes are crossed.

I never lost. I bought silver when it was at 5 bucks an oz. Chill out dude.

Back a few days ago when LOCN hit .003, I had an order in for 100k shares @ .0050....that didn't happen for a few days as I tried. I'm still locked and loaded with well over 400k shares (wanted to get past the 500k mark)

I'm ready for this to fly when the timing, news and facts are spot on.

Good luck.

168% up

Yep. Patience is a true test of virtue with LOCAN.

The Hong Kong Exchanges and Clearing agreed on Friday (6/15) to buy the London Metal Exchange for £1.38 billion, or $2.14 billion. The acquisition could provide a windfall for JPMorgan Chase and Goldman Sachs, which collectively own a 20.4 percent stake in the London-based exchange.

Could Silver possibly nudge up? China seems to be on fire buying everything from Gold to Metal Exchanges out bidding other rivals.
Stay tuned...


Source:
http://dealbook.nytimes.com/2012/06/15/hong-kong-exchange-to-buy-london-metal-exchange-for-2-1-billion/

This stock is on my back burner while I am patiently letting this brew.

Interesting to see the sales numbers for this year compared to last year etc. Thanks for the link / perspective.

I have an order in for 30k shares @ ask. Nothing fancy. It has yet to be filled. This will put me over 250k+ shares of LOCN. And trust me folks, I am patiently waiting (well over a year) with an average stock price of .025. Good luck.

Just picked up 58k @ the ask of .0125

Interesting perspective. Thanks.

What a POS.

Wow - what a nice surprise. Been working all day only to come back and be up 8% already. Very nice. GL to all.

Picked up 1.5k shares @ 2.4x - GL to all.

I sold my shares this morning for profit..call it the, "Black Friday News/Hype".(modest 5%) I had a feeling the BF rally could not hold up. If it goes up great and congrats. But, I believe the market itself still has a lot more bad news to deliver for 2011...I will certainly keep my eye on this stock long term and will jump back in when the time is right. I do hope everyone makes a killing. Long or short. I'm out.

I hope this will spike before EOY. GL

I just picked up 60k @ .015 ....

I bought RENN in the low 5's - sold @ 7 - thank you

Yup - not too bad though in terms of $ - this was just a lottery stock.

What a mess...

Just thought I'd check in on this forum and read all the SLV opinions/perspectives. I do enjoy it. I monitor SLV and check in but like a few (or many) members on here, I own physical. For those who are selling and the whomever the powers that be - who are making the price go lower, I sincerely thank you. This works well with my long term plan. Good luck.

I've been in this stock for well over a year. I have an order in tomorrow morning for 50,000 shares. Good luck.

That's cool and all - but TAON needs to show us the gold first before I really consider this a "gold stock" - but yeah, thanks for the heads up. Go September and stuff etc...

This stock is just flat out ugly. What a shame...

I guess because people got in and thought it would take off. I have been in this for over a year (back in the .30 days and some). Patience is a virtue.

Yeah - even though L2Hunter did some cheerleading - that's fine - I don't mind. It did get kinda annoying..where are you L2hunter?!?!

Agreed.

He did release a crap after lunch if it makes you feel any better. ;)

This is more familiar folks. TAON comes out with PR and the stock tanks. Sorry to sound like a broken record player, but I've said this the last 2 times their PR has come out. And yes, I own shares of TAON.

Hope you guys are right. This is depressing.

I likey too.

Man I have learned a valuable lesson with stocks & PATIENCE.

Sheesh, what a trust test of patience for me(and others who have been in this stock since the Ambit fiasco)

I am holding on for dear life watching this go. Please keep the L2 updates coming folks - I appreciate it.

Wow - nice to see this jump. Glad I averaged down to .02 (I think) when nobody was looking. Good luck all.

I agree with SuperSniper (on this particular comment). This is actually welcome to see.

Again, I own physical, but a correction of some sorts was inevitable.

Yes, my heart says 50 / 60 / 100 a troy oz etc. But I try not to get too caught up in the hype and get caught in a bear-trap.

It's good be greedy with physical (or SLV) like I was at 33.xx after the crash. I was fearful when silver passed 39 (in a good way) and will continue to stack. Best of luck all.

The TAON PR tradition continues as I mentioned earlier...

Wow - silver is on fire today. Glad I got some physical silver in the 33's. Good luck and hang on!

druid - I wish that was the case. Apparently the PR formula for TAON is

1) News
2) Plummet

GCRC - i think he was joking. TAON is mining, they are mining for new people to rip off. That's the mining they have been doing for the past x amount of years.

I agree. While I get physical with Silver - I don't own any SLV paper.

I do however visit this SLV thread daily to read this forums thoughts / comments / advice / information / chart analysis / insults / humor and speculation. (which I do appreciate) :)