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Oh no, I have zero intention of unloading my blocks (and I do have tens of millions of shares now), on the so called "T-Unit" because there isnt a T-unit
I do hope/pray that one day soon, "management" will get their head out of their a$$es and realize they are running a PUBLICLY TRADED company and have a responsibility to their shareholders to keep them updated on the current state of affairs.
The problem EAGM's "management" team has had since inception, is that they kept shareholders in the dark too long. And no news = bad news = investors selling, coupled with new blood buying, then also experiencing the downdraft that follows more "no news", then continued selling, etc etc
Lather, rinse, repeat..
Thank the Lord I waited till .0011 and .0012 to significantly average down on my position. Now I need a little more than a double to be in the black - but have no intentions of selling flat.
EAGM is worth .15 - .20/share imo, providing the current share structure remains the same and has not been hit with dilution.
yes, because it sounds strikingly similar to a racist word, thats why I will always remember it, imo
But as far as the "Tribal Unit" goes, they do not exist.
There is no organization publicly or privately known as the "T-unit"
The "T-unit" (if in existence), has had zero effect on the pps of EAGM.pk common stock.
It's a sad sad state of affairs when newbie traders believe in fairy tails....
There is ZERO activity at the CHDT headquarters located in the Pine Lake Business Offices. The door is locked each and every day, and there are no signs indicating suite #109 is being occupied by China Direct.
Sorry, these are just the facts. I'm not a paying member, so dont know how to list the photo's I have of the place.
Let's just say if ya's saw them, you'd probably think twice about wanting to own the stock.
If someone knows of a way a "non paying" member of I-hub can post photo's in his signature (if even only temporary), I'd be willing to post the photos I guess.
Give me the exact details of how to do it, and I'll try my best.
HAHAHAHAHA - "T-Unit" , lol yer killin me man
I own EAGM stock below the .003 level, as an average - so I'm not as overly concerned as many here that the shareprice will eventually stabilize and recover.
"Management" just needs to get their heads out of their collective Columbian arses, and honor their obligations to shareholders.
"Management" has never satisfactorily responded to any shareholder, with any degree of factual type response.
"Management" doesnt know how to run a publicly traded company.
"Management" doesnt even have a name.
But I own shares of EAGM.pk at higher levels because I'm stuck in it.
The best I can hope for is to not watch it for a few months, and then pray it's gone back into the penny level where, due to "management's" inactivity, it fell from
Your target of .15 fpr DMSI is getting closer.
It hit .22
Such a shame the company's management has shown zero "follow thru" in the way of keeping the investment community abreast of it's current state of affairs.
Unfortunately the price of spot gold, and the price of EAGM.pk stock are completely divergent.
In other words, they have absolutely nothing to do with one another. The price of gold could crash tomorrow, several hundred dollars an ounce - and EAGM's shareprice would trade independently and outside of the spot gold price.
I had photo's taken of CHDT's "supposed" Corporate Office in the Pine Lakes Business Office, first floor, suite 109 in this run down two story building.
There is no sign on the suite 109, when every other suite has a company's name and logo on it. Knocks at the door were met with nothing but silence. No signs of life over there.
It's fairly safe to say EAGM's shareprice isnt going to go anyplace any time soon.
Glad I averaged down where I did (.0011 and .0012), but I'm not too confident in "management" to issue any relavent PR's prior to year end.
"Management" needs to get a better handle on what EXACTLY it takes to run a PUBLICLY TRADED company.
What is any of that supposed to mean?
Negger0, not for nothing - but c'mon man - there is no T-Unit
The "T-unit" didnt leave that message.
The "T-unit" exists in the minds of people who believe those that say it does.
Without getting philosophical, prove the existance of this "T-unit" with a legitimate,verifiable source of information.
Seriously, in your opinion - HOW MANY shares held "naked" would you estimate are out there?
Also, PR after PR by management geared to "scare" these shorts into covering, have had zero ( I repeat, zero) effect.
So what's it going to take to even get a bid on this stock?
And, whats it going to take to cause these "naked shorts" to actually say to themselves, " oh golly gee, we better cover now "
They are all SO IN THE MONEY, that it isnt even funny.
Yes, and the reason why it popped then sold back down is due to the millions of shares purchased at the .001 to .0014 levels. These people more than likely "scalped" out for decent gains. I'd also imagine that by now, market makers should have accumulated enough shares and will allow the shareprice to begin moving back up so they can unload
I dont know about the rest of you, but as it stands right now, I'm feeling like the shareprice of EAGM stock 6 months or so from now, should realistically trade in the multi penny range instead of the sub penny range.
I'm not knocking you if your plan is to sell for 100 - 500% from current levels because thats a very nice short term gain that no one should pass up.
To those like me that own shares higher & took liberties in averaging down to the .002 - .005 level or higher, I feel the reward holding for much much higher, is far greater than the risk of it simply going to near zero then reverse splitting.
I meant to say I averaged down at .0011 and .0012 (not .0022)
sean, I began purchasing shares shortly after the drop from $2 as well - when there was mass confusion as to what was going on
Am averaged very low now, thanks to taking the plunge at .0011 and .0022
Prior to that, I had 50,000 shares averaged around .09 I believe
There is NO Tribal Unit. Why are people still claiming there is such a "group". Surely there would be a mention about it someplace else, with verifiable links and such.
The "T-Unit" only exists in the minds of those willing to believe it does.
The MAJORITY of people that have been posting on this forum for at least 2 months, are ALL in EAGM at higher prices.
All you have to do is click on the nicknames here to see if they posted on EAGM 2 months, ago - and rest assured they all own the stock at higher prices, and if anything have been averaging down like me.
I'm at a loss too, and I dont mind admitting it.
I'm one of those people that bought at .06 and higher on "dont worry" emails from management
You sold your entire position yes?
If so, will you be moving on to greener pastures, or will you stick around here and perhaps climb back into the stock if/when something concrete comes along worthy of a sustained shareprice increase?
Have you contacted the CEO to voice your opinion directly to him?
Mike Pagnano
CEO,
WGL Entertainment
407-328-8538
407-328-8540 Fax
If you call, and leave a message or actually get to speak with Mr. Pagnano, we'd all love it if you'd post verbatim what you are told.
You can also reach his administrative assistant, Ms. Jacqueline Carreras at JCarreras@wglmilliondollarshootout.com
Thanks
gorb - thanks
p.s. im not a paying member of I-hub so I cant respond to internal emails
SMMW motto - getting more disturbing every day
...and I own this stock
No, my question was: "Have you ever had any direct correspondence with Dan Burgess or any of the other members of management - in relation to having some of your questions answered?"
Or are you guessing like the rest of us.
If I receive another vague answer, I'll assume the latter.
Thanks
gorbec, you certainly post a great deal on this forum.
Have you ever been in "one on one" correspondence with Dan Burgess on any of these issues?
Posted by: Smilin_B
In reply to: Smilin_B who wrote msg# 326 Date:6/26/2006 11:37:40 PM
Post #of 5657
After checking out the information on pinksheets.com I realized the gentleman that phoned me was Roger Fredy Bustamante (Not Gustamante, or whatever I thought he said). Mr Bustamante is listed as an officer of the company (Secretary)
The following quote is VERBATIM from the secretary of El Alacran via a voice mail left on my phone earlier:
"Hello ____, my name is Freddy Bustamante from Alacran Gold Mine Corp from Columbia. We are trading as EAGM on the pink sheets and there has been some confusion with regards to Larry Hillabrandt as being the CEO because on pinksheets.com it is still specifying that he is. Please do not worry. This information is about to be changed, and we were told by pinksheets that as early as tomorrow it will be. We had submitted all the information last week but they still require the actual resignation from Larry Hillabrandt. They received his resignation this morning, so everything should be updated very shortly. Thankyou for your call, and we will be commencing all necessary movements very shortly on our first press release. Have a nice day"
http://www.alacrangold.com/gold/default.html
Interesting that they are a Columbian company registered in the State of Delaware and an address in Toronto, Canada.
Look at my post from June 2006. You can CLEARLY see there was much confusion when it was so unclear who the CEO of the company was, and why the shareprice fell from $10 to $3 to $2 to .06 in just a few days.
Posted by: Smilin_B
In reply to: A deleted message Date:6/26/2006 10:24:54 PM
Post #of 196401
shakerzzz - EAGM - check out what I found:
After much confusion as to why EAGM fell from $10 to $3 to $2 to .06 in days, and also adding to the confusion as to who exactly is at the helm over at the newly formed El Alacran Gold Mine Co --- Check out the new pinksheets.com profile on EAGM
http://www.pinksheets.com/quote/company_profile.jsp?symbol=EAGM that was updated TONIGHT!
john24148 - My first trade on EAGM was at .15 back from June when there was much confusion as to why the shareprice had fallen some 96%. So yes, I began purchasing shares in the .15 area and throughout the months, have accumulated more.
http://www.investorshub.com/boards/read_msg.asp?message_id=11628655
Not until most recently did I puchase 1,000,000 shares at .0012 and another 1,000,000 shares at .0011
Prior to that, I held 50,000 shares at various prices much higher.
I now own 2,050,000 shares and my average cost per share is now .0026
I will need nearly a triple from current levels to be back in the black.
I hope that helps you understand my position.
Based on how "Management" has clearly indicated they have ZERO experience in operating a publicly traded company, I wonder if they even know what a reverse stock split is.
From my experience in receiving emails from "management", they are not aware of very much concerning how the equity markets work.
I've got an email into them, concerning the possibility of a RS - but, as usual I will wait weeks and weeks for a response, and the response will most likely have nothing to do with my question.
At least this has been my experience. I averaged down at .0011 and very much expect it to drop to the .0000's but this is the chance we are all having to take. Difficult to pick a bottom. I CAN say, it's better to own EAGM here in the .001's then it was in the full multi cent range just a short period of time ago.
"Management" has no understanding of how to run a publicly traded company. Remember when they emailed all of us saying "We have an extremely tight float" - hahaha, maybe they were referring to the float they came over on, I dunno.
Good Tidings!
Can you at least try to make an effort in using proper sentence structure and grammar?
Email from "Management" at El Alacran:
Date: Tue, 21 Nov 2006 03:11:49 +0800
From: "info" <info@alacrangold.com>
Thank you for your recent email.
We will be releasing various Press Releases very shortly with all details surrounding our current properties, geologic studies and numbers, as well as news pertaining to upcoming ventures and acquisitions.
We advised our shareholders that we would be releasing information in November, and we will keep
our word.
Again, we thank you for your email and patience.
Management
11/21/2006 15:53:27 Bought 1000000 EAGM @ 0.0011 -1,107.00 $297,328.22
For your order to buy 1000000 shares of EAGM at 0.0011 limit, good for
today:
You bought 1000000 shares of EAGM at $0.0011 on 11/21/2006.
neggar, I dont trade sub pennies for a living. I just dabble in them from time to time.
I trade the futures markets mainly, and NASDAQ mid caps
There really isnt a need for you to "boast" about your high percentage gains. It's just a sign that you are craving attention. The real winners in the market, are the ones that dont really mention their gains.
You seem very green.
I'll leave it at that.
btw, I use I-hub pretty much to pass the time. I dont trade penny stocks often but do have about 5-8 of them in my portfolio at any given time because when one does hit, it affords me higher percentage returns than the average mid cap. It's just play money to me.
Dont take things too serious Neggar. And no need to boast/brag. Bad Karma usually has a way of chopping folks like you down. It's called humility.
Good tidings
negger0, who are you talking to?
I've been trading full time since 1988
This is my profession
Those that brag of the things you supposedly know more than anyone else - are usually full of hot air
There is no such organization called the Tribal Unit (T-unit)
It's all bs
All of it
I bought 1,000,000 shs today at .0012 thru Ameritrade and paid $7.00 in commissions.
The trade was placed in one order, but executed in two lots of 500,000 shares.
Cost $7
11/16/2006 12:32:40 Bought 500000 EAGM @ 0.0012 607.00
11/16/2006 15:57:33 Bought 500000 EAGM @ 0.0012 -600.00
Filled 500,000 more EAGM .0012 at the close
hlsh, I'm not a paying member of I-hub and cannot reply to internal emails. I was only able to get 500,000 shares of EAGM at .0012 out of the 1,000,000 shares i had up for bid