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To all "True Longs"
please share any concrete proof of gold you came across during your own DD. Please ignore my post if you are going to be talking about speculation, risk vs reward or price of gold i only want solid proof or findings during your own research.
some claim that are longs but all they do all day is pump the hell out of this stock without even stopping to ask question while the stock price is tanking. you can call me a basher or whatever you label people when they start asking question (i do not care)
I went back and looked through most of the PR made by EMLL. My comments are in red.
12/28/2010
"Earthwork and site preparations for Kumasko Project is the first step in a program of work that has commenced and will last through to January 2011 resulting in the provision of basic infrastructure at the 25 acre alluvial gold mining site situated next to the scenic Ofin river in Bosomase - Upper Denkyira District of the Central Region of Ghana for immediate mobilization and gold production," commented Jamie Khoo. "We are quite optimistic in yielding stockpiles of alluvial gold ore from the Kumasko Project site at a recovery rate of at least 2.0 g/t," added Jamie Khoo.
01/27/2011
"Results from the geological survey are being compiled, correlated and analyzed for release accordingly" stated Jamie Khoo,
"Preliminary review of the results from the mapping and survey work on the alluvial mining claims indicate that both plots have a tremendous potential of alluvial gold recovery as per initial expectations." according to El Maniel's Jamie Khoo "We are very excited with the completion of this phase as part of our mining development activities and we are looking forward to the next steps towards income production and profit generation through our mining activities, alongside our other initiatives in the African Continent."
Where are the Results? We are in April and the only proof we have of gold are the forward looking statement that clearly have a disclaimer that absorbs the company of all responsibilities should they not meet up with their claims.
03/03/2011
"The Digging License which was issued by the Minerals Commission of Ghana on 17 February 2011 and currently exhibited in our online portal www.elmaniel.com is a key and final development in our gold mining initiatives in addition to the necessary high level local support, knowledge and contacts that are all in place for us to implement a successful production strategy for Kumasko Project," according to Jamie Khoo "El Maniel is also dedicated to implement a strong social investment strategy in Ghana with plans to rollout local employment opportunities and encourage social development.
"We also expect the value of our African assets to be enhanced by the continued uptrend of the gold price which we believe will persistently chart all time highs levels up to US$1,600 per Oz and beyond" added Jamie Khoo.
03/14/2011
Further to the press release dated March 3, 2011, El Maniel International Inc (Pink Sheets:EMLL) announced today that production forecast for Plot C - The Kumasko Project in April 2011 is expected to be in the region of 300 Oz generating a forecasted gross revenue in the region of $420,000 with expected net returns in the region of 30% of this amount according to preliminary estimates. "While we are thrilled at the potential of Kumasko Project with projected revenues from expected gold reserves in the region of $25 million based on current gold price, we also expect costs to decline significantly with planned implementation of operational improvements to optimize production efficiencies" states Jamie Khoo, CEO of El Maniel International Inc
El Maniel's gold mining operations and gold production on the 25 acres Kumasko Project situated in the Central Region of Ghana, Western Africa is scheduled to initialize in April 2011 and forecasted monthly revenue production in Q2 of 2011 is expected to follow through at the same rate. "We are optimistic of our projections and we are expecting a ramp-up in production of at least double the preliminary estimates for Q3 and Q4 of 2011" according to Jamie Khoo "The strong revenue stream from Kumasko Project will position El Maniel to pursue its ongoing business model of expanding its diversified ventures to generate additional revenue stream with an ultimate goal of enhancing shareholder's value".
03/22/2011
"We are thrilled by the interest and the demand for our supply of the physical product and this transaction far exceeds our initial expectations and remains as a significant milestone to the Company" according to Jamie Khoo, CEO of El Maniel International Inc. "Immediate preparations which includes procurement for re-sale from small scale miners by utilizing the gold buyer's license held under the gold trading arm are underway and this transaction which will deliver pilot revenues to El Maniel will also be supported by the ongoing alluvial gold production initiative under Plot C."
"As global demand for gold continues to exponentially increase gold prices, El Maniel will benefit tremendously from this domain as we foresee a substantial volume increase in our subsequent shipments of the precious metal and at the same time, the appreciation in the value of our gold assets will create value for the Company in totality as well as significantly enhancing shareholders' value," states Jamie Khoo. "We are working aggressively to capitalize on the prevailing Golden Opportunities towards rapid growth and development of El Maniel."
Where is the proof of mining? Where are the pictures? Where is the gold being produced? Show us document indicating gold was found and mined? Where are the results that were compiled from the mapping and survey? Show us videos of the mines with el maniel logo ( have a professional do the videos. do not show us a village in Africa with a signboard showing el maniel). Show us equipments used for the mining? Show us the worker? Also show your self in the videos and do no just put a picture only?
We need proof not just another PR.
( Jamie khoo picture in the webcast does not sit well with me as an investor. At least wear a suit to look professional. He looks like a undergrad college student.)
right now i do not know what to believe but my mind is telling me this might be a scam but i am willing to wait and see.
Please stop sighting price of gold as an indication that this stock will rise. we do not have any proof that we have any gold all we have are Forward looking statements made by the company that will not hold up in court.
IMO with all the speculations, interests and anticipation that arose from the PRs in the past month this should not be at 0.0004-0.0005 range
this is not looking good.
I am pro EMLL but something is seriously not right here and i am starting to worry.
with the kind of news they released this should be trading at least 0.002 - 0.005.
there is so much interest/ eyes on this stock but it seems that the price is not responding. i will wait and see what happens.
I think we might hit 0.8 today. Any thoughts?
Okay we have all heard you. you are selling at 0.001
Patience. Shares are simply changing hands from flippers to longs and when this happens nothing will be able to hold this down any longer. IMO
I think soon we will all be rewarded. i know how it feels i have had this stock for about 7-8 months now
Please Sell your Shares to Me i will gladly buy it for you. flip if you want to. your loss is my gain. This is the Moment we have all been waiting for.
Go EMLL
this is how to keep shareholders informed. I am loving this. I need to buy more shares
if you sell now you will regret it in a week or 2. happened to me with KAT* that is why i have been so patient here. but i understand it does get frustrating.
Take him out NOW
if the volume reaches 200+ mill and we are still in this trading range (5 x 6)it might confirm your suspicion but i think people who have held this for a while are flipping for profits. who know?
I completely agree, this is the kind of news i like to hear (not those fluff acquisition garbage news). well, i guess this ceo actually knows what he is doing. this is way too undervalued and we will all be rewarded as long as there is no D ( i do not want to mention that word on a good day like this)
-go emll
i guess we now know why emll opened at 0.0007 this morning.
$$$$$$$$$$$$$$$$$$$$$$
check the board i am posting on if you want a quick flip while we wait for emll. hint: il*s
0.0042 is up
the race and chasing is about to begin soon.
just ignore the poster and enjoy you profits
does any one know the share structure?
you may be wrong, you may be right. who cares. between the time you were screaming dilution and now you could have been up more than 30%. i know i am. remember the main goal is to make money.
power hour will be very interesting.
power hour will be very interesting.
correction 88+ % lol.
same here
thanks for the 0.0025
it is so funny how people always seem to find DD to support scams.
MODS PLEASE REMOVE THOSE FALSE DD STICKIED AT THE TOP OF THE BOARD.
It is clearly obvious, as night and day ,that it is all a lie. this is going to no bid real soon
keep up the good work. most people just want to pump the hell out of a stock but you tend to be objective. personally i think you sold at the right time and by monday or tuesday 0.0003 -0.0004 will return. I am still long here and i feel this can go to pennies but it will never get there if this CEO keeps on diluting.
i think he is doing a good job as a moderator. he has a right to sell and take profits like everyone else and i think he has been here longer than you have. if you have been here long enough you will know that on any chance emll gets to move up the Ceo dilutes and it gets frustrating. I am long on emll but they need to get their act together and let the investors make money.
And if it is fake you will be scrambling to sell shares. it goes both ways.
why is the "MERGER" News not appearing on all the major PR sites. I smell a rat.
What prompted this post?
I will hold this till march 31. if by then there is no news about Gold (and not about bank acquisition) i will sell. so for now Go EMLL. I am just wondering why they will not update us about the gold but are so quick to update us about bank acquisition. also where are they getting the money to acquire these banks? shouldnt they be planning on using that money on the plots. I also doubt there is manipulation. i just think people are not really interested in buying this stock or most people are waiting on the sideline and watching.
i am just being patient because i missed the K A T X run last year by a week.
you made some very good objective points in that post you deleted
you do not load a boat when it is sinking, you actually unload it or jump out.
Hey MOMO is PWTC still in play?
it is funny how people always come up DD to support scams. LOL.