Hanging out in the San Fernando Valley
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Exactly my thoughts. I can almost smell Newmont around the corner planning the next step. Very nice job.
I thought about getting rid of my 1000 shares too until I was reading the filing regarding the auditors. Let's see and wait.
High Volume. Was there a cross ?
I am just relaxed ....so should you. No one is exiting :)
Let's just be quiet and collect while cheap...
TSX..nice.
Finally. And I think a good timing.
BULM Time
Tomorrow, Millions of Shares will be retired. The reserve in the BS is about 6M shares. Thats 15% of the OS. The Chart is also ready for a nice bounce.
Old Bullion to New Bullion shares subject to cancellation
This reorganization was the only viable method to reinstate and reclassify Old Bullion substantially as it existed prior to its dissolution. The reorganization placed the former shareholders of the dissolved Old Bullion in the same positions they were in prior to dissolution, provided, however, that each Old Bullion's shareholders shares issued in New Bullion and any rights in Old Bullion were subject to cancellation if any such shareholder fails to exchange previously owned stock certificates in Old Bullion for the New Bullion shares within five years of the date of the Fairness Hearing or by September 27, 2011. The total number of shares of common stock subject to this cancellation provision at April 30, 2008, and 2009, was 6,270,411 shares at fiscal year end April 30, 2008, and 6,115,954 shares at fiscal year end April 30, 2009. This process was approved by the Third Judicial District Court in and for Salt Lake County, State of Utah on March 31, 2005, and by the Utah Division of Securities, which issued a Securities Division Permit Authorizing Issuance of Securities, dated September 27, 2006. For additional information on the reorganization between Old Bullion and New Bullion, see our 10-K Annual Report for the fiscal year ended April 30, 2006, for documentation regarding the reorganization and these actions, which was previously filed with the Securities and Exchange Commission.
The reorganization transaction was essentially a recapitalization of the prior Old Bullion, pursuant to the Third District Court's approval of the reorganization and the Utah Division of Securities' approval of the reorganization at a Fairness Hearing. The recapitalization is what makes the transaction like a reverse merger, and therefore, the historical financial statements are those of the former operating company, Old Bullion, which was dissolved.
We have also published notices in various areas where there is a concentration of shareholders' addresses; and we intend to continue this process at least annually through September 27, 2011.
Shares to be retired :) ..tomorrow...
Just for those who dont know:
Old Bullion to New Bullion shares subject to cancellation
This reorganization was the only viable method to reinstate and reclassify Old Bullion substantially as it existed prior to its dissolution. The reorganization placed the former shareholders of the dissolved Old Bullion in the same positions they were in prior to dissolution, provided, however, that each Old Bullion's shareholders shares issued in New Bullion and any rights in Old Bullion were subject to cancellation if any such shareholder fails to exchange previously owned stock certificates in Old Bullion for the New Bullion shares within five years of the date of the Fairness Hearing or by September 27, 2011. The total number of shares of common stock subject to this cancellation provision at April 30, 2008, and 2009, was 6,270,411 shares at fiscal year end April 30, 2008, and 6,115,954 shares at fiscal year end April 30, 2009. This process was approved by the Third Judicial District Court in and for Salt Lake County, State of Utah on March 31, 2005, and by the Utah Division of Securities, which issued a Securities Division Permit Authorizing Issuance of Securities, dated September 27, 2006. For additional information on the reorganization between Old Bullion and New Bullion, see our 10-K Annual Report for the fiscal year ended April 30, 2006, for documentation regarding the reorganization and these actions, which was previously filed with the Securities and Exchange Commission.
The reorganization transaction was essentially a recapitalization of the prior Old Bullion, pursuant to the Third District Court's approval of the reorganization and the Utah Division of Securities' approval of the reorganization at a Fairness Hearing. The recapitalization is what makes the transaction like a reverse merger, and therefore, the historical financial statements are those of the former operating company, Old Bullion, which was dissolved.
We have also published notices in various areas where there is a concentration of shareholders' addresses; and we intend to continue this process at least annually through September 27, 2011.
Then we are two already....
We could well go back to the 90s. I kept some powder.
Picked some more up today. Went out of the BB. Should pay out in a couple of weeks. And lowered my average a little bit.
I think a PUT on CMG would be a good trading idea. Just grapped a bunch of $330/Oct for 15.50...calculated value $24, pretty good deal.
Are we going to see numbers this week ? Should be around the 14th...
Volume: 6,740 ..how tight! I would say that is the last chance to get some in the 1.2x range. Next week Q week!
BULM: Great news update!
http://www.marketwatch.com/story/bullion-monarch-updates-exploration-on-bom-jesus-and-ouro-mil-properties-2011-09-08
Bullion Monarch Updates Exploration on Bom Jesus and Ouro Mil Properties
ST. GEORGE, Utah, Sept. 7, 2011 /PRNewswire via COMTEX/ -- Bullion Monarch Mining Inc. (otcqb:BULM) announces favorable exploration results returned from their Bom Jesus gold property in the Tapajos region of Brazil. Sampling of Garimpeiro shafts near drill hole FBJ-08 has returned gold values of 0.50m @ 206.2 g/t Au and 0.70m @ 93.3 g/t Au.
These promising results occurred in a zone which is characterized by a broad Au (MMI) and basemetal (MMI) anomaly coincident with a magnetic low and high chargeability (IP) anomaly. The structure associated with mineralization can be traced for more than 2 kilometers in geophysical surveys. With highly anomalous gold grades returned from the regional stream sediment sampling program, a new, highly prospective corridor trending SW-NE has been defined at Bom Jesus. Geological mapping has highlighted the presence of multiple mineralized veins, volcanic dykes and stock-works with intense hydrothermal alteration.
Extension of current geochemical grids will continue to the southwest, targeting anomalous zones defined in the stream sediment sampling. A detailed airborne magnetic survey is planned for later in the year and drilling of targeted areas will follow.
Bullion Monarch Mining has several active exploration projects in the Tapajos region of Brazil. Spanning some 125,000 sq. km, Tapajos is the country's largest alluvial gold province, and the world's third-largest. Artisanal miners in the region have produced up to 30 million oz. of gold during the gold rush that began in the 1970's.
Bullion Monarch Mining's Ouro Mil property, which is also located in the Tapajos region of Brazil, has attracted the interest of several mining companies in the region. This property is currently under an exploration joint-venture contract with Brazilian Gold Corp., who has reconfirmed exploration plans for the property by making its annual payment to Bullion Monarch. Brazilian Gold's future exploration plans include drilling of identified targets, which should commence as drill rigs become available.
CEO and Chief Geologist R. Don Morris states, "Bullion Monarch Mining remains very encouraged with the progress of exploration programs on the Bom Jesus Project area. As the geological, geochemical, geophysical studies and preliminary drilling have developed; the existence of a large, hydrothermally altered, mineralized zone has become evident. An aggressive exploration program will continue at Bom Jesus in an effort to define a near surface resource in the short-term as well as potentially identify a massive new gold deposit."
About Bullion Monarch Mining
Bullion Monarch Mining Inc. is a publicly traded (otcqb:BULM (FRA)) gold-focused exploration royalty company with additional interests in oil-shale technology. The Company is engaged in a continual review of mining opportunities to create growth for shareholders. The majority of current royalty revenues are derived from a high-quality claim block located in Northeastern Nevada's Carlin Trend. Bullion Monarch's portfolio provides for direct leverage to commodity prices as well as the exploration potential of world-class ore deposits. Visit the Company website at www.bullionmm.com for more information.
Media ContactJoseph Morrisinfo@bullionmm.com(801)426-8111
Nice early volume. Should move relatively easily.
And the best Q in the company's history will be out around next week. Last year it came on the 14th. I am looking forward to 2M+
Are we getting volume ? Double of the average volume at lunch.
I like Camelot a lot since yesterday :D
THQI up 3.5%
Just got EXM Sep 17th Calls with Strike 1$ at 86 cents. That's quite nice with the stock price @ 1.84 LOL...I think someone had an old order in. Thankyou unknown seller...
Believe me ...in both ways :D....lost a hell of a money with my PUDA recommendation a while ago.
Nice day so far
THQI has still a GAP at $3.5. Currently 1.82 and the MACD just crossed. Interesting. Might buy some stocks, the options available are crap.
Sold at $1.80 this am
Definitely. I jumped at $15.17 in GE today. Ridiculously cheap. 20 Calls @ 1.48
Currently @ 1.80
Gonna sell tomorrow at the first peak.
Opened 10 puta at $3.4 ..just sold for 6.80. Solid 100% :D..I hope someone followed.
GOLD has an opening GAP at $104. Nice quick put chance. Price at 113.
Quarterly numbers should come in first half of September. I am very much looking forward to that. We might see the first quarterly revenue above $2M...with stable cost. Expenses are VERY stable year over year and we might get an operating quarterly profit of $1.2M or around 2-3 cents a share. Nice
Let's just wait, I have written off my 1000 Stocks anyway :D
I just had a dirty idea...could it be the company itself holding the SP down to acquire as low as possible ?
2:59PM Gold to new highs at $1832 in electronic trade
The Chart looks ready...
I own CDY (or CDU in Can) since 2004...long term invest
Signed
I think the next run will start today..chart looks very nice for a significant bounce.
DIS has a GAP to close at 32.50. Went in 31 calls at 30.50
Ask is moving around a lot atm...interesting. Now at $4..or is it one of you guys ?
ARO looks like it could bounce nicely