Veteran, Very Conservative
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I try not to make that many calls a month, heck I would not have a phone nor internet if I could get by without them. I don't think it would do much good, the are probably painting a Picaso with the 07 filing just get them thru an audit.
Could have, but right now smitter is only feeding the flippers $30.00 at a time. I say if the flippers want structure they should buy it themselves. The charts actually are what brought the momo not smitters sturture, those guys are constantly charting.
I believe we are in a flipping cycle, buy around 0012-0015 flip at 003. To tell you the truth it's not a bad thing it keeps the stock cycling. I'm not worried about it just sitting back here biding my time. Trinidad Drilling had steak today and few all of my crews, cbrad I know has eaten at Podnuhs Barbcue supplied the tasty beef. The girl that served it had the steaks I wanted!
First off it really does not matter unless you are loading up for the next flip at 003. This is the nature of a penny stock.
Smitter I would wait a couple weeks before I gave anymore information to flippers. Maybe we can Edwin to do something about the fee you keep paying.
I email him already once a week, hell that more than I talked to my exwife when I was married to her
To bad there ain't enough mining in Texas, if some ask for our labors papers we just tell them when obama shows us his we will show him ours.
No, heck I'm here with the rest of you hardcore FRGYers. You'll get my shares at .0006 when you pry them out of cold dead fingers!
Absolutely smitter, the increased price of gold will keep larger companies monitoring what is going on with Cannon and if they find a mother load or even a profitable amount then these companies will be ready to leap at JV or even takeover
Scragapenny, I am inclined to agree with you. I stated yesterday or this morning that Cannon needed to get this to the next level on the surveys with a more exact quantity of gold and where it's located. Once that occurs and if gold is where we believe it's going then Weeeeeee are golden.
Hey mop did you see my second million go for .0006, I tried to give it away at 0005 but the MMs said hell no you don't we are going to sell it at 0006. I really did not sell at 06 but overall I would have made a few bucks doing so. I fired off another email to Rick, have not recieved an answer yet but what the hell I perfer filing and PRs.
Cha Ching, 1,000,000 at 0006 somebody wanted in the FRGY Rocketship. Maybe not a rocketship more like a safe deposite box for money.
Scragapenny, I don't believe you have to worry about this company starting the mining operation. There would be millions of dollars of equipment and infastructure to purchase. This entire operation will be JVed or the company will merge with a much larger operation, thats why I say the company needs to just get to the next level of explaration. If the gold is in large enough quantities then the race is on. I figure 2 months tops.
Thats the red river, I kayak 12.2 miles down that river on some weekends. Its a long kayak but I think I can squeeze that babe in my little kayak.
cbrad, in Frierson and Logansport there is a big ole pool of oil underneath the shale.
I'm looking for $1500/oz for gold by mid summer latest, I believe Cannon on needs to get to the next level before a jv is established.
Tanaka, valid point. Now lets take oil and gas exploration, the price of natural gas which I have intimate knowledge of has to do with exploration.. I'm sure cbrad will vouch for me when I say we are experiencing heavy, I mean heavy gas drilling here. In 2008 we started a job for a gas drilling support company, this company could not find enough 5 gallon buckets to put all of its money but in late 2009 when consumer gas prices were down he was fetching and catching looking for 5 gallon buckets of money. For instance a gas drilling company during good times has a $25-$29,000 per diem, thats what they charge to put a rig and crew on site to drill the well. There were times in late 2009 they were getting 1/2 of their normal per deim and less wells were being drilled. In December everyone was screaming wait till after the fist quarter and sure enough it's balls to the walls again.
What I'm trying to say is that todays gold prices have everything to do with exploration companies wanting to dig for every ounce of gold they can. What will take Cannon 6 months to do a major player in mining can do in a few weeks.
Be on the look out for JV or Merger.
I went to pinksheets.com and found, just got back. That is an odd filing do you suppose the IR knows anything about reason.
Smitter I am not able to pull up the filing
Arrrrrgh and 4 post today, I have to catch my breath after all this action. By the way, I sent another email to Rick. This stock is actually better than a safety deposite box for money, don't need your money for a while BAMM Park it here
As If said in my post this morning, all on Wall Street were watching Capital Hill. If you think for a minute that our MMs don't roll with the Big Boards you are mistaken. Under normal NASDAQ stuff you are correct, but this is Goldman Sach being grilled for nothing more than a pig futures.
Does anybody know where the Queen Alexandra mine is located outside of dryden,. I need specifics to it's location
Thats just it, the Qualified Person Cannon hires will need to go the the mine area and I believe he will start doing a much tighter grid maybe deeper drillshafts for samples and the like. If I recall they are finding much of the gold at deeper depths.
As far as I can tell it was MOMO that pushed it up. Some speculation of PRs of gold which we got, now we are just awaiting the PR that states they've hired a QP and are moving to the next step of developing the property.
Repost from the weekend.
The first Picture I circled all of the active gold mines in Ontario I had to draw in the Queen Alexandra because it is not an active mine currently.
The second photo shows the Mining operations in the Red Lake district and quantities of gold being mined from each.
Draw your own conclusions from what I present.
I'm not worried, I'll get my money back and more.
Penny stocks to me are like the horses, if you only bet on the sure thing you only take home spare change. So I play a lot of long shots, do I wish I could invest in the next rocketship to the moon heck ya. If you guys are only down 50% in 3 days, have a coke and smile. Things change in pennyland everyday.
Lets see, I bought in the Middle of March @ .02 so I believe I'm down 91.5%. Maybe I'm figuring this wrong or are percents all screwed up the way they work cause the way I figure it I would need about an 1175% increase to break even. Hmmm I guess I'll have to ponder this for a while.
Pillows like that make for a good nites sleep!!!
Look for volatility in the market today my friends, most people on Wall Street are going to be watching what goes on at Capital Hill while or Premiere has his cronnies grilling the head of Goldman Sachs. Never know how it is going to effect the pennies but the MMs there are just as concerned as they are on the BIG BOARDS.
thank you Olibri, I slept on those numbers.
I keep telling you that we need to get our sig pic models together.
Darnit Tanak, I had my mind on T*Ts, damn I should be able to focus better.
Tanaka enko definetly does not have any numbers but I sure would appreciate her numbers! CNEK will move up on news from the company as it progresses on the Queen Alexandra gold mine. Just a little over 100 miles west northwest is the Red Lake mining area and they have gold all over the place. The topography at the Queen is similar to Red Lake.
Arrrrrgh it really sucks to be just sitting on money here but the day I sell is the day Rick is going to have a release. Arrrrrrgh
enzo, how much did you pay to get your numbers from the T/A, show us your numbers and substantiate those numbers with an email formated from the T/A. If you can't go ahead and sell your shares like you promised.
Enzo I thought you said that you had recieve the TA over the weekend.
Why don't you post that email for all to see.
Buy volume is over double the sell volume today, there is no reason for us to be below .002 right now.
Smitter, you really watch that gap now on the open, I get a chuckle everymorning when I see you check the gap.
Holly crap, how long does it take to review a frigging financial for 2007, unless they are having to paint a rembrant or monet this should have been done by now. Can some some audit my post and tell me if I spelled rembrant right, hell I'll give you 3+ years.
Enzo, seems to me you invest money and buy stock in a company for it's potential future earnings. You obviously don't see the potential in CNEX, everybody here that has responded to you has posted valid points that you seem to ignore. I think it is a wise decision on your part to sell your shares as you have stated you were going to do today. Good luck to you in your future investments.
All this discussion about a poster that has been on ihub for 6 days and the only person mark he has is the one he gave himself. I say lets get back to discussing CNEX and leave the poster and the kanuk to talk amongst themselves.