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Locked profit. I'm out.
RL dirt cheap at this level.
Time to load up!
Hard not to add more here! imo
John is about to give us something! I've been away a while, but I think we are about to hear a substantial update very soon! Hang in there!
I know. I have been here a while, but if the plans in place for Columbia begin to materialize even to limited degrees eventually investors will show their head and small fry's will be left out to dry anyway so no biggie. I've been here going on 2 years and for me to be saying this is a switch...lol. Take care Opti and have a great day! God Bless!
I actually understand why no kick yet in price. The only reason we aren't moving up on the news in my opinion is investors are nervous now to hear a small stock suddenly dealing with cannabis because others recently have made bogus claims in working with it(PTOG being on example)to boost share price. PTOG was halted for doing this, and when it traded back it lost all its momentum. Anyway, everything I read yesterday concerning NEWC plans with it all appear well thought out and legit. If so, time will tell and investors will respond. This is just my take on it, and I am not one to give the company a pass of late, but as for this, I'm not surprised by the response. Hopefully the clouds part soon though and we make some significant move to the upside! Again time will tell.
This part is what drew my attention that this news has teeth and has been well thought out in my opinion...The venture will focus its initial efforts on a skin cancer cream and treatments for epilepsy including Dravet syndrome in children. The company will produce a high cannabinoid (CBD) strain low in tetra hydrochloride (THC) similar to the "Charlotte's Web" strain being used in Colorado. Families of children with Dravet Syndrome have been moving to Colorado to legally gain access to these strains and administer it to their children with miraculous results. New Colombia Resources will work with pharmaceutical companies to manufacture products with controlled doses like all INVIMA approved medicines.
At least it's a bone to chew on and kick started the volume a bit!
Yep! That's how John rolls!
Good grief already! Well if I were giving out grades John would receive a big fat F at attracting any new investors! I would give a lower grade if I could....lol
This is just getting shameful! Nearly 2 years I've been invested here and some of you have been on board a while too. We deserve better then this!
Well was up...lol
We've got uptrend movement on increasing volume!! Anyone else noticing? Any guess on what's up?
Oh and call me crazy, but North is just more fun for the investor! I've now owned this for over a year and a half and still waiting...guess I can call my own self crazy...lol
Wrong Direction! Note to Stock Price...Try Going North!! If for no other reason then "Just For Fun!"
Sorry for the repeats..it appeared to me as though it didn't post the first time...lol.
Well this is exciting....lol
Well this is exciting....lol
Well this is exciting....lol
Got an email from John Campo today. Did any of you get the same?
John Campo
Today at 12:11 PM
Friends of NEWC,
Again I thank you for your continued support. I am working my hardest to reward your belief in NEWC. We have made huge strides these past few months, unfortunately for today's stock price, U.S. small cap investors don't know what it means to get a mining permit approved by a national mining agency. We really don't have any exposure to new investor therefore we sit at these levels.
As mentioned in recent PR's, we are in talks with a major coal producer that wants to enter Colombia. I'm very confident in their ability to help us and will be visiting with them in VA. In Colombia we come across as a major U.S. corporation like Drummond, which is having environmental, public relations, and legal issues right now. Yesterday there was an article published in Dinero Magazaine, the equivalent of Forbes or Money, that suggests Drummond is out and New Colombia Resources is in.
This article, and others like it, opens doors for us. Established mining companies have too much overhang to be attractive to investors, we offer what they can't, a clean, debt free company with huge high quality met coal reserves in the lowest production cost country in the world. As logistics improve and new ports begin operations, Colombia will become the most attractive mining opportunity in the World. I'm getting calls from port operator wanting to work with us.
We have compared the NOBO (Non Objecting Beneficial Owners) list from early Nov. and late Dec. to identify any changes in positions, there are none. It is my firm belief there is an accumulated short position well over 1 MM shares, this is my opinion and should not be interpreted as fact, although www.otchsortreport.com supports this belief. Our planned dividend of the coffee company will slaughter the shorts.
As mentioned in the latest PR, we are finalizing a term sheet for financing to start the rock production as a means to coal. In the meantime, the company needs to move forward. If any of you know of anyone with the ability for a stock purchase directly from the company, please let me know. I stay away from small cap financiers which is why I'm reaching out to you.
Here is the Dinero Magazine article...
http://www.dinero.com/empresas/articulo/panes-trabajo-minas-carbon/190561
Here is a rough translation of the article...
More Players in the Coal Business
While Drummond is forced to stop exports because they did not meet the export requirements, other companies like New Colombia Resources take center stage in the business.
While Drummond's outlook darkens, to reduce the impact it will cease operations at the port of Santa Marta, for companies like New Colombia Resources this opens a clear path .
The company received approval from the National Agency of Mining, ANM for their work of their metallurgical coal mine .
New Colombia considers that the approval of the work plan will greatly increase the interest in the company , as they have been taking all the necessary steps to be in production as soon as possible, they are working closely with the authority local environmental approval for environmental permits that detract obtain .
Likewise, the company will submit the permit application for the extraction of raw building materials in the coming weeks . Once the application is accepted , New Colombia will begin the extraction of building materials.
The company will also present its application for an environmental license for the production of coal. With the approval of the work plan this process accelerates .
New Resources Colombia signed a term sheet for the financing , which is expected to close in the coming days . The company is also in talks with major international coal and energy companies interested in entering the field of Colombian coal .
NCR believes they can have the approval of the environmental license for the extraction of coal in the first quarter and expects to generate revenues in the first half of that period. The cash flow generated by the raw building materials allow them to finance their coal operations on better terms .
New Colombia will contract drillers to implement a drilling plan completed last year, these results will be used to complete the NI 43-101 technical report .
"The approval of a work permit by the ANM is a big step forward in our efforts to start coal production . To my knowledge , we will be the only junior international exploration at the conference of coal has approved a mining contract request a work plan for concession in these market conditions. 'm very confident that we are making the right to develop more than 4,000 hectares of metallurgical coal , mostly contacts at our disposal , "said John Field, President of New Resources Colombia .
Transport and logistics
New Resources Colombia intends to sell its coal at the mine gate , unless arrangements are made for sale . The company plans to build or acquire the rail loading facilities on the Magdalena River near its mines.
The coal is trucked to these distribution centers , and then transpotaría through Magdalena river or rail to terminals in Barranquilla , Santa Marta or Cartagena for export routes.
Initially existing logistics providers will be used as transportation projects are developed. Once rail projects and the "Ruta del Sol " New Colombia Resources will have one of the few metallurgical coal mines in the world with river , rail and road access to coal export terminals in both the Atlantic completed and the Pacific .
About New Colombia Resources
Colombia New Resources , Inc. focuses on the acquisition and development of properties of high quality metallurgical coal and other resources in Colombia . They hope to have three companies that produce income, metallurgical coal mining , distribution of oil palm , and conventional and organic coffees.
They own 100 % of mine The snuffbox metallurgical coal in Colombia with an estimated 15 to 17 tonnes of reserves. They have another pending acquisition of 390 hectares and 184 contract concessions application of metallurgical coal. In October 2013 planted 2,000 palm trees for the production of bio -diesel in Colombia and are becoming organic coffee company .
After obtaining the necessary financing , the company plans to have additional income in Colombia : coal mining , docks, and rail transport to export terminals in Colombia . The company is also exploring partnerships with universities in the United States and Colombia to study capturing Coal Bed Methane (CBM ) in Colombia
Regards,
John
John Campo
President
New Colombia Resources, Inc. (OTCQB: NEWC)
(1)-410-236-8200 USA
(57) 318-657-0918 Colombia
jcampo@newcolombiaresources.com
I just saw this reply. Thanks Doubloon.
I got a thing in the mail to contact them about NEWC too. I didn't understand why. Called the number though and got a recording to leave name, number, and which stock referring to, and someone would call soon. That was a couple hours ago, but no reply yet. Does anyone have a clue of what this is if anything at all? Thanks and God Bless!
So much could be said right now, but I refrain! What would be the point?
Comical!
Either that or take 4 pennies and beat the living snot out of them...lol. :)
Yeah Vinny! Makes me want to find all the pennies I have lying around the house and just throw them in the street...LOL
PS...The Float on this surely is above ZERO right??? I know, I know...that was uncalled for!!! LOL...I think we all have to admit though that a stock with this potential sees more Zero or close to Zero trading days then ever should be imagined! At least we perhaps are leading in that category...LOL....Sorry, just continuing with my Crazy talk! :)
What craziness will happen today?? LOL. If they really wanted to do something crazy they could try taking their foot off the brake and let this thing appreciate a bit from these levels! I think us Longs deserve a bone thrown our way once in a while just to keep up the morale! I guess I answered my very first question though by making that statement! I am the Craziness!!!
Thanks Vinny! Hope you are doing well! God Bless!
This crap going on with the eratic late day bid/ask/price junk is a bunch of nonsense! Somebody needs to go in and pull the Monkeys away from the buttons!
Bid and ask certainly need to come in line along with some consistent volume and a push back to the .049 recent high. That would be encouraging.
You can hope, but you'd be wrong. I've been invested well over a year here, and most likely longer then most here. Sorry to read how you are so eager to see me leave and miss out on a run up. Wow...what friends to be found here...lol...God bless and take care! :)
There is waiting, but this stock is getting plain ridiculous. After a year, I'm Bored Sick! It is what it is!
Ready for the action! :)
It's very quiet. I'm more inclined to think news is coming very soon now. Like the saying..."A watched pot never boils."
Thank you Stay, and best to you as well. God bless.
Well at least I know one handle here is not John Campos...lol :)
Well at least I know one handle here is not John Campos...lol :)