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Please elaborate! We seem to be doomed lately in the 50s and 60s. Gold needs to go up for the market to care. Even when gold goes up, and they meet production targets, the manipulation outweighs the positives. I've been underwater on this one for a while now...
Going to 0.00001?
ECOS signs a deal to make money with M-Fuel, then the shareholders get flushed down the toilet. This is the first and last time I invest on a penny stock, no matter how good their product is.
By the time this shit is over with, I'll be able to sell all my shares, cash them in for a 5 dollar bill, and buy a beer to try to feel better about how much of an idiot I was for buying this POS.
Maybe the dilution is over? We can only hope.
Even so, I don't know of we can climb out of this hole. Ugh.
Just looked at the volume...I am going to have to change my undies when I get home.
I'm not calling the CEO a scumbag, and not trashing the stock.
I am sure MS is working hard for his company to make money.
Days like today are painful, especially knowing that I watched the SP go to 0.04. I didn't sell because I knew it could go so much higher.
We finally get a deal for recurring revenue with M-Fuel, and suddenly the share price drops dramatically and we have these ridiculous volume days.
I hope I was right for believing in this company, but I can't make any sense of what is happening lately.
Good post HB, but for us to get out of this hole, MS needs to attract investors. We need a ton of buying power to stop whatever is happening.
How do you see us getting out of this mess?
I don't know about you guys, but I feel like ECOS really cooked our chickens on this one. No pun intended.
But seriously, 36,390,000 shares traded today...is there any hope for us? Ever since ECOS came out with the news that they are going to be generating serious revenue with this chicken coop deal, the share price has been breaded and deep fried. And we are left to run around like chickens with our heads cut off.
That is a very good point. What I was suggesting is that they were buying the shares back from Asher, or CapEx (if they still have shares).
The counter-argument to that is: why would Asher sell their shares back to ECOS at such a low price, after such great news?
I have no idea...perhaps there was a pre-arranged date that the shares had to be sold by, or maybe ECOS had a clause where they could buy shares back? I have no idea how toxic debt works...
That seems like a possibility. I hope it is ECOS buying some shares back now that they have some money.
I wish I was a fly on the wall at Siegel's office. Only then would I have a clue.
We are being diluted to death.
We are lucky that we stood by ECOS...because now anyone can come along and grab as many shares they want for a fraction of what we paid for them. This is our reward.
From what I remember, Claude Pellerin was holding a significant amount of shares (and CapEx was one of the TD loaners for ECOS).
He is now with Monar, who are working with ECOS. Perhaps in light of the good news, he is selling his shares back to ECOS (and to us), to avoid drowning a company that he has a vested interest in? If he were to sell 9 million shares at $0.20, for example, it would flood the market and kill any run up.
I don't know, I am trying to make sense of this volume, and mentioning Claude Pellerin got me thinking...
The bottom line is that TD loaners have a lot of shares to get rid of. Luckily for us though, we know we have a winner here.
If this news came out a year ago, we would be at 0.04 easy.
Now we are still chilling under half a penny. Frustrating, but we always knew this was a long term play. Atleast now we know for sure that money is being made!
I know, I am just wishful thinking...it Will be hard to move up when Asher starts dumping, unless there is serious demand for the stock
No one is dumping shares, but some buyers would be nice. I am confused as to why the news isn't driving the PPS up.
I am pumped that thigs are coming together here, but it doesnt mean much if everyone gets in at 0.0045 and we sit around here licking eachother's lips.
I think it will move up, but it will take time. We arent seeing the pops we had before. I can only hope that Asher is selling at 0.0045, instead of selling at 0.10 when we are breaking out...
I have been holding for almost 2 years now, and accumulating.
I don't want to get too excited, but I feel like we might be quitting our day jobs soon...
With the recurring revenue, I wonder if they would go with a dividend? I am getting ahead of myself.
This is the best news I have seen. With the SEC, there is no BSing. I am glad I didnt sell when the pps took a beating. Instead, I just compared this to the Titanic, and made other references to drowning...
When the world finds out about this, they will buy
Why is the pps creeping down? Bargain prices IMO
They are producing 2500 tpd. The market is sleeping on this one.
Huge resource estimate adjacent to NML.
When NML's resource estimate comes out, the market will notice
Is anyone else licking their lips over this?
rino...what will become of us?
FEI is still involved, but Asher is dumping shares for mad profit....
On one hand, they are working towards profitability. On the other hand, they are being taken to the cleaners with toxic debt...
Like waves crashing on the land, causing just enough erosion for no one to notice...until the house falls into the lake.
The sun and the moon.
We are being punished for something. I am not sure what...but it's bad. Real bad.
The next few months will be make or break IMO.
Siegel doesn't release many fluffy PR's, which makes me think it is legit. In his PR's, he gives timelines, as he should. But getting deals done takes longer than expected, especially for a company that is trying to secure funding to get it done.
As someone mentioned a while back, us ECOS investors are either really stupid for believing in them, or we are geniuses for finding this gem.
Let's not forget how quickly ECOS jumped to 0.04 last year on a good PR.
Like the band on the Titanic, I'm playing the violin on this bitch until we sell an NPU and get that additive sale money.
I am going to be optimistic in saying that the big buys at the end of trading today might be partially attributed to insiders buying before some good news?
For all we know, Captain Siegel may already be ashore, like that Italian cruise ship captain...
Or he may be in his cabin, sleeping.
Or he may be trying to steer us to safety.
We will never know, because we are like the peasants from the Titanic: we are kept below decks, while the first class passengers get special priveliges (extravagant meals, the chance to escape a sinking ship, etc.)
Or maybe we are the band from the Titanic?
I can't send a private message without paying for a subscription? dafuq?
I use the e-mail on their website, under "Contact Us". I didn't expect him to divulge insider info. I just wanted him to know there are investors who want updates, and expect the company to follow up on things. For example, the Detroit testing that was expected to be finalized in mid-November...
Not sure what to think anymore.
I sent MS an email last week asking why there was no update on the Detroit testing, Ukraine deals, or NPU sales that had been done.
His reply was that he can not comment on ongoing business until public release, which will be as soon as possible.
In the meantime, the shareholders are in a cellar in an abandoned house in the middle of the forest...shackled to the wall...tortured...and exhausted. Exhausted torture.
Can anyone hear us?
I'm with omapere. I appreciate the insight and different points of view on what has been happening. I am very curious as to what the next PR will tell us.
Still holding 1.38 million shares. I'll go down with this ship. Or I'll buy a house with cash from the profit.
Wow...I invested in this company because I believed it was on the verge of making it. And MS seems legit.
But it looks like we've been had by the debt financers who crush the SP. The shares owned on this board are a small fraction of the toxic debt shares. I don't know what to think anymore.
Thank you for copying and pasting the same spam you just posted on another board.
Please just leave us alone to wallow in our misery with ECOS.
I am skeptical as to why this new business did not mention ECOS as well.
Perhaps this company is related to one of the LOI's that were signed? Some of these deals (e.g., Monar) seem to be just some sort of business transaction to get them closer to financing.
Regardless, I am holding on to my shares now, and not planning on adding anymore until MS sorts this out for us! There is so much uncertainty, and a lot of questions. But this could all be answered with the sale of 1 NPU.
I will consider adding to my position if this thing stabilizes above 0.01. Otherwise, we might be headed back to 0.003 with no news...
I am almost at the point where I want to set up a lemonade stand to finance the damn NPU myself.
I think the strong jump up last week suggested that there is something in the works.
Plus we are overdue for the Detroit test results, which is forgivable, since companies that are not yet in production seem to usually have setbacks.
And then there's the Ukraine deal...we're still in the dark on that, too.
What I like about this company is that they don't do fluffy PR's like the scammers do. But what I don't like is that they don't do many PR's! No one knows about this stock yet. 1 NPU sale could be the catalyst.
Huge manipulation at work lately, IMO.
China needs iron. Labrador has it!
Now I understand! It sure has been a good week. We seem to have left the 0.003 and 0.004 days behind for now. With a little luck, we will soon be swimming in money like Scrooge McDuck.
The volume is so low today. Maybe the insiders have accumulated as much as they want?
Lake Shore Gold Achieves 2012 Production Target, Company Poised for Sharply Higher Production and Lower Costs in 2013
http://www.marketwire.com/press-release/lake-shore-gold-achieves-2012-production-target-company-poised-sharply-higher-production-tsx-lsg-1744665.htm
January 10, 2013 17:50 ET
TORONTO, ONTARIO--(Marketwire - Jan. 10, 2013) - Lake Shore Gold Corp. (TSX:LSG)(NYSE Amex:LSG)(NYSE MKT:LSG) ("Lake Shore Gold" or the "Company") today released operating results for the full year and fourth quarter 2012 and announced production and cost guidance for 2013.
Highlights
•Gold production in 2012 of 85,782 ounces (719,298 tonnes @ 3.9 grams per tonne), with gold poured from 2012 production of 85,184 ounces, in line with Company guidance
•Gold production in fourth quarter 2012 totaling 23,738 ounces (181,575 tonnes @ 4.2 grams per tonne), with gold poured of 24,041 ounces
•Key 2012 mine development and expansion objectives achieved with mining and milling capacity increased 25% to 2,500 tonnes per day (on track to reach 3,000 tonnes per day during second quarter 2013)
Source:
http://www.marketwire.com/press-release/lake-shore-gold-achieves-2012-production-target-company-poised-sharply-higher-production-tsx-lsg-1744665.htm