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Just a little buying (13,350 so far today) and the Ask is back up to .13. Only 450 shares so far at .13 Ask and 5,100 shares took out .12 Ask.
Multiple acquisitions news and we go crazy... just watch.
Not disagreeing... I just believe PHIG will run close to the $1.00 range in the real near future and I will take my profits a lot closer to that range. :)
I own all three stocks and I personally believe PHIG will run higher on a percentage-wise basis, then CATA, and then PHIE. This is based on the historical runs as PHIG ran to .38 range and CATA (formerly JNTX) ran to .27 range while PHIE did not have the same surge, percentage-wise.
However, I have been accumulating PHIE at .02 and below because I do believe it has a better chance of running harder this time as real assets are going into PHIG and, hopefully CATA, in the upcoming few weeks. And PHIE has maintained a stable share structure per the last 4-5-6 quarterly filings (see last filing below):
"The number of shares outstanding of the registrant's Common Stock, $0.001 par value, was 198,280,961 as of November 19, 2010."
Rig's board is one of the best around! Chart says this is very close to bottom, imo. We just needs the financing news...
No volume yet today. People are in a wait-and-see mood which is the right thing to do. Next news should be the conversion of the 3 offers into acquisition(s), imo. When that happens, it should get interesting...
Remember, remember, remember... Multiple gold mining companies into PHIG and the share structure will not change. NO WAY this stock price remains where it is now.
And when PHIG goes up, PHIE should follow...
Good luck all...
.0029 x .003 on 399K shares today
Incremental (interim) financing is in place... per last PR.
Bigger (longer) financing is being worked on and, hopefully soon, finalized.
Same with permitting...
Just needs to be released for us to go up... imo.
Was trying to be conservative... :)
.0189 x .0198 Stock price is a lot stronger than people believe.
PHIG should have some great news in the next few weeks as indicated in their most recent two PRs. Adding multiple gold mining companies along with the Maisy Mae producing mine already in PHIG and no change in the share structure (1.4M float) is dang huge.
PHIE owns 83% of PHIG and when PHIG gets multiple gold mines in it, I strongly believe PHIE will be a 3-4-5 bagger from these current levels in the next few weeks.
Patience people...
Good luck to you... see you at the finish line!
IMO, these current prices are very cheap.
There are minimal shares available and the company is NOT diluting shares... the volume is very light and it is probably coming from shareholders that expected the stock price to run big and are discouraged and selling at a loss.
I believe we will get acquisition news as soon as next week. The CEO indicated that 2 PRs ago and he indicated he had 3 offers out there in the last PR.
Hard to have patience but the recent news is strong... especially with a small float now and no additional shares to be used for gold acquisition companies.
Good luck all... I am holding for much, much higher share prices.
This week will be slow but I expect more news next week... and a much higher price.
I still have some of those NSCT shares! Rode it up and back down. Dumb me!!
My thoughts... If you review the last two press releases, you will get a clear understanding that the company is pretty clear to announcing new acquisitions to be rolled in to PHIG in the near future (weeks, imo).
From 12/2 PR: "We are also in discussions for additional acquisitions and look forward to updating our shareholders and investors with new developments in the coming weeks."
From 12/7 PR: "The company currently has made three offers on mines similar to Maisy Mae and is investigating other gold ore properties in the U.S. and Asia."
So PHIG will have multiple gold companies in PHIG with the following share structure (per 12/7 PR):
"PHI Mining Group has 200 million authorized shares, of which 22,424,628 shares are issued and outstanding and 1,428,286 are free trading. PHI Mining does not intend to issue new shares for these contemplated acquisitions."
Special stock dividend will be a small bonus but the real homerun is the massive amount of valuation we should have in PHIG with a minimal amount of shares outstanding and especially free-trading.
So ANY cheap shares right now are a gift... Company is not selling and when the new acquisitions are confirmed, we move into the dollars, imo.
Just gotta have patience and know what you own!
Great buy!!
Slow day which is fine... Once the 3 offers become 3 acquisitions for PHIG, PHIE will respond accordingly.
Patience...
Good news... I asked Henry if we were still going to receive the Philand Ranch stock and here is his response:
"We are in the process of completing the audit for Philand Ranch to list the shares as ADR in the US through Deustche Bank. Once it's done we will distribute the dividend shares. If we distributed the Frankfurt-listed shares not all of US shareholders in PHIE could take the shares into their brokerage accounts in the US."
CATA is due for news... imo
Company stated in PR the share structure was not going to change even when the additional acquisitions are added to PHIG.
I don't believe people realize the importance of this statement in the PR...
"Currently PHI Mining Group has 200 million authorized shares, of which 22,424,628 shares are issued and outstanding and 1,428,286 are free trading. PHI Mining does not intend to issue new shares for these contemplated acquisitions. The Company expects to complete the name change and declare the special dividend by December 31, 2010 ."
More acquisitions being loaded into PHIG with NO share structure change plus a dividend of the spin-off company! This stock price should already be over .50 but I think as the company converts the '3 offers' into '3 acquisitions', then the importance will be realized.
FAX... multiple gold companies being loaded into PHIG with no change in share structure plus a stock dividend of the spin-off company.
People have not grasp the significance of this PR, imo. YET.
PHIG .19 Ask getting tickled... wait til today's PR sinks in and wait til the 3 'offers' become acquisitions with no change in the low share structure. :)
PHIG .15 X .19 up 280%
PHIG now at .19... no shares available.
PHIE owns 83% of PHIG and PHIG will be loaded with additional gold companies with no change in their share structure and the float is 1.4M...
Should see a steady accumulation in December but if they announce the additional acquisitions, should explode.
PHIG NEWS.. READ THIS STATEMENT!! MASSIVE...
"Currently PHI Mining Group has 200 million authorized shares, of which 22,424,628 shares are issued and outstanding and 1,428,286 are free trading. PHI Mining does not intend to issue new shares for these contemplated acquisitions. The Company expects to complete the name change and declare the special dividend by December 31, 2010 ."
More acquisitions being loaded into PHIG with NO share structure change plus a dividend of the spin-off company!
READ THIS STATEMENT!! MASSIVE...
"Currently PHI Mining Group has 200 million authorized shares, of which 22,424,628 shares are issued and outstanding and 1,428,286 are free trading. PHI Mining does not intend to issue new shares for these contemplated acquisitions. The Company expects to complete the name change and declare the special dividend by December 31, 2010 ."
More acquisitions being loaded into PHIG with NO share structure change plus a dividend of the spin-off company!
PHIG NEWS.. READ THIS STATEMENT!! MASSIVE...
"Currently PHI Mining Group has 200 million authorized shares, of which 22,424,628 shares are issued and outstanding and 1,428,286 are free trading. PHI Mining does not intend to issue new shares for these contemplated acquisitions. The Company expects to complete the name change and declare the special dividend by December 31, 2010 ."
More acquisitions being loaded into PHIG with NO share structure change plus a dividend of the spin-off company!
PHIG NEWS.. READ THIS STATEMENT!! MASSIVE...
"Currently PHI Mining Group has 200 million authorized shares, of which 22,424,628 shares are issued and outstanding and 1,428,286 are free trading. PHI Mining does not intend to issue new shares for these contemplated acquisitions. The Company expects to complete the name change and declare the special dividend by December 31, 2010 ."
PHIE .017 X .019 looks ready... MMs are packing the Ask now which just happened. Interesting.
One more thing... sometimes the MMs hide bids on PHIG. Someone else who bought at .14 today tried at lower amounts and the MMs did not show her bid.
Good luck
Doubt you will get PHIG at .05... might try a little higher as I tried high bid yesterday and this morning. Saw PHIE (PHIG's parent company) dip on a margin call so I bought it at .015.
PHIE might have a better return than PHIG simply because they own 83% of PHIG and it has pulled back. Just a thought...
PHIE .019 Moving up...
PHIE .017 x .018 Dipped this morning on margin call! Ughhh
Should do well today, imo
PHIE .017 X .018 is the parent company and owns 83% of PHIG.
PHIG UP 180% .05 x .14. MMs have no shares as the float is only 1.4M. Should be on your radar...
.017 x .018 Bid building...
Dang... hate to hear that! I got some .015s which were a gift!
Sorry, you got robbed!
HSTC ask up to .069. Getting closer to moving up nicely.
PHIG UP 180% .05 x .14. MMs have no shares as the float is only 1.4M.
PHIE .016 X .017 is the parent company and owns 83% of PHIG. It is currently .016 x .017 and might be a great play to consider.