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The .0096 minutes after closing trader didn't show today, a first in over a week...Karen is still answering the phone, but the voice is getting rhetorical. She said she saw workers out there today, and still is waiting for the money to be in the bank, which to me means there still negotiating the financing and funds. The mass domination of sellers disappeared today, possibly a good sign. They have to get something going or that nice property interest they have will expire and will all be out! Good news C'mon, shooter commin' out...(I like craps) haha.
My own take and advice for what it's worth, is to give it another week. If nothing happens next week in regards to news, then it may be a bad sign...From what I understand, and I do think Karen speaks the truth because I spoke to her again today and she divulged that she's personally invested in the stock as well though who knows. She said the financing is completed, they're just waiting for the money to be in the bank to put out the release...99% certainty of everything going through with the financing. But they can't say they have the money if something comes up that delays things or changes things...but it sounds like a sure bet, but I think if there's no news next week, we can assume there's some definite problems with the drill/financing program.
(all my opinion and analysis) Trade at will :). I'm still holding strong for a little while longer.
-Kid
Who's the Market controller here? Set trades at .0096 for days now during and after hours to deliberately keep prices down...Any ideas? Insiders?
I agree with the theory of higher volume is usually a good indicator of good news to come. Though from an objective standpoint, at .01, the dollar value of the volume really isn't that high. Volume hit 500k shares a handful of times when the stock was at .02. and so forth. But the trend seems to be that the increase in volume is a precursor of the drilling program to come. IMO
It was a misplaced trade, as others have mentioned in my opinion. If it was massive insider buying that actually drove up the price then it would be volume likely in the millions. With the current share status, a reverse split seems not at all likely...I can see a forward split happening before a reversal. They've secured financing so now need to increase their market value; a reverse split would decrease the value further IMO.
Funny...Yeah as good as it would be to have a jump to .11 that quickly, I think someone bought 3k shares at market price at the wrong time and got em for .11 a piece. Though that would be a great place to start trading prior to upcoming news.
Yeah I agree. Production is a long ways off, but have to start somewhere, and given the low float and very low share price, I think it's a good buy anyway you look at it...Unfortunately we can't see who's buying the shares, but I wouldn't be surprised if some of these large after-hour buys were insiders.
I spoke with her yesterday. Off the record, she told me that they had secured financing for the drill program...The final details will be discussed on Tuesday with a press release to follow as soon as possible. We shall see.
326K after hour buy, perhaps a good sign. Back to .014.
YIKES!!! Is my expression for today's trading. I called at the end of the day to find out where all this selling is coming from given the relatively low share float, and Karen, the PR representative said they were looking into it because the selling is very aggressive and unexplainable were her words. Yesterday (Thursday evening) they were having a corperate meeting to discuss the share status as well as the financing of their upcoming drill project so while I'm not as excited as I have been, I am still positive and would expect some news of some sort very soon. The company cannot achieve the finances it needs with such a drop in share price, so I think news about the project or perhaps a general statement will be upcoming in order to boost share price or at least prevent it from the sub-penny black hole! Usually when a stock hits sub-penny stock prices drop off quickly, knowing this, I expect some to see some type of reaction from the company to prevent this from happening.
I'm definitely still holding long, especially now. I may pick up some more shares, but am going to wait a few days to see how the share price changes over the next few days. Hope for good news!
Hopefully some news this week. It's been nearly a month since I was given the "within 6-8 week" estimate for an update. If not it will be another tug-of-war, meanwhile let's see if silver can't bounce back from it's tumble!
~Run with the Bulls, this ones going long.
Totally agree, plus I think we have found our (MM) who sells 300 shares at the last minute in a weak attempt to keep share price down...Yawn...This is a big boy stock that requires patience, sell crazy somewhere else, or crack, whatever your lackluster witty saying was. I've said it for weeks and weeks, hold strong, maybe buy strong, and wait. At this price half a penny is 25% either direction, so stare at the red all day, I'm buying the shares your dumping, or if you own no shares then you sure have some free time on your hands! (responding to the negative post a few below)
Cheers to that..."when" they release good news :).
Yeah it's been a tug-of-war between buyers and sellers for weeks. After hour trading is back at .025. There's no bad news, it's just that there's no news at all as of late so it short plays are getting inpatient. I personally am not worried, if anything it will be an opportunity to pick up some cheaper shares for now. For as of last week from my post, news about a drilling program starting is coming, the question is when...March-April=Spring, is a great time to start!
To the one post a couple before this one, I'll take you up on that party offer, say in May, I'll even bring the Top shelf drinks! After the stock steams past .04 cents times over.
Cheers.
Thanks, let's hope that what I was told, as well as my instincts are correct! They have so much financial incentive with the current market status and Silver (not to mention Cobalt and byproducts like GOlD)to get their A$$ moving :).
PR Update...Well since my first posting about upcoming news a few weeks ago, I have yet to see any, so I decided to call this morning . I spoke with the same lady, and she filled me in on some valuable info, probably a little more than allowed. It may sound like I'm trying to pump up the stock, but I'm merely going to share with fellow investors the major points of the conversation. The only pumping I'll state is that after the discussion, I added a decent ammount of shares at .03 today.
Okay...while some points are vague, this is what I heard and I'll put my analysis in paranthesis.
*The president had an executive meeting on wednesday to discuss 2008 Spring operations.
*News is coming very soon (from the way she talked about it, she didn't expect share price to stay at current price).
*First major news release since the lease intereast nearly a year ago...Drilling project to commence in as short as 6-8 weeks (She probably wasn't supposed reveal this, but my guess is that the news will have something to do with the drilling).
*Marketing program to commence, spreading the word about Titan bringing more attention and hopefully volume to the stock.
*Silver hits new high (no suprise here).
*Once drilling begins and stock prices are more favorable, further financing will then be sought out, not by the dilution of shares onto the market (key point there).
That's what I found out, take it for what it's worth I suppose. My opinion is still the same, I still hold a long position and can easily see this company back into the double digit share range in the short term. If the stock price tanks in the next month, please feel free to bash my opinions and postings, for I too would be out a chunk of change!
Let the Bulls Run!
yeah I'm getting a little anxious myself. Silver keeps flying high, and a whopping 12 bucks or so worth of shares traded hands, at least they pushed the stock back to where it was. Despite no news yet, the stock is still holding steady (rather low priced of course), but better than continually dropping off...I'll probably buy more shares here and there as long as the price stays cheap and hope for a breakout soon. :).
Let's hope so! With the current price, even mediocre findings will push this stock up significantly...It went over a buck just on the acquisition of the property; let's see what happens if the property has significant silver holdings...They just like to take their time :).
I see this base continually building and rising, especially once news hits, this stock won't trade for less than a dime IMO.
Nice volume! Nice rise in silver as well, be nice if they could prove decent findings.
If you don't get a reply by email, perhaps a call would work...A very nice lady answered the phone # from their investors relations page when I called; my initial email from a couple months ago was left unanswered.
News coming out soon...I spoke with the investors relations representative last week and she informed me that there is PR news on the horizon...While she couldn't give any specific dates, it sounded to like it was in the nature of increased property acquisitions. Further testing of samples is also returning to normal active status (Speed is quite slow in Canada during the winter so now that spring is coming progress should be more rapid)...
In for the long run here...This company may take months to really get established and prove solid findings, but once they do, it will no longer be trading at less than a dollar, IMO.
Great buying opportunity, yet the stock seems to be sleeping in today!
First two day gain in a while...Held strong past the strong 350 shares of last minute selling as usual :). I think tomorrow I'm going to try and buy the last minute MM selling shares just for fun...I mean why sell 10 or so bucks worth!
At the moment (which of course can change) Silver has broken above $17 an ounce and is continually climbing at the moment...Perhaps I shall take more advantage of the low prices while there here...hmmm...
Yeah the last minute mini-volume trades have been a bit annoying, but then again this is stock is more of a long play than a short one in my view, so they can shake all they want; once sufficient news is released, they won't be able to manipulate the buying and selling patterns IMO.
I agree, Picked some up myself today...Morning looked great then dropped off.
I think we'll see another day of gains today.
It should open off of yesterday's pathetic low...Support at .016, Asking price currently .019...We should start off somewhere in this price range, hopefully getting back into the 2 cent range!
Yeah I agree that we've hit a bottom...It's nice to see a 15% gain today, even if it's only 4 tenths of a penny :).
Yeah I think it's at or near the low...I personally am going to be picking up shares here and there this next couple weeks.
yeah, this could definitely be a bottom, but then again for the price I'm not too happy with the current volume...With little volume the price is just as likely to tumble if not more than to rebound...Let's hope for some good news.
I would love to see it break and hold steady in double digit cent range. With the end of the year rapidly approaching, there is undoubtedly going to be some news released; let's hope for a good progress report, rather then a yearly expense report! Silver also seems to have taken a turn back upward the last 24hours...Though Titan isn't mining a thing, it's nice to have attention on the silver market, bring in some more volume...Happy trading. GREEN LIGHT IS ON...IMO.
Silver is tanking today so far!
Yes, another day, let's see some green! :)
The bottom doesn't seem to be holding very strongly, if some news or stability doesn't come quickly, I can see this stock dropping off quickly...But it bounced from this level nicely on last PR so there is still good possibilities.
The stock must be asleep today...I know this because I own more shares than actually traded hands today! Let's have some good news to kick this stock back into motion.
Yeah, the price and volume are rather consistent to a few weeks ago when the stock was rather stagnant. Hopefully, some fresh news will break it permanently out of the single penny range!
Nice day...Green all across wall-street!
:)...Okay let's be optimistic here, big news, big jump in share price this week!