buys stock in bulk! Stock up and save!
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I have been actively buying PUTS on QQQ the last week...made a boat load today. Will probably put a few $$'s toward SUGO here over the next few days. I believe the financing will happen and SUGO has a HUGE opportunity here to move forward. Can become a MONSTER.
Considering where WNRC was a year ago and where they are now... I'd say WNRC is moving very fast. Up 20x in a year...that's pretty good. And, the plan is to continue to expand...Wouldn't be surprised to see WNRC's revenues double with the next acquisition.
The company is putting together a massive deal for an OTC company. HUGE deal. Just takes a little bit of time. Sucks things don't happen overnight, but it will for SUGO. SUGO will move like a mutha on financing completion (I think they haven't announced anything yet because they are working on a competiting finance agreement...just my hunch).
Everything you said they needed to do or would be 'impossible' is and has been done. Muhahahaha! :)
All have run 10-20%+ in the last month. Might be a bit late. Cashing out of everything and just going to watch August...take some time off (and out of the market). Got a little fun money for a few trades. But, something major is brewing across the board...Just buckling the seat belt for the Obama ride. Liking commodities for a few fun trades. Silver has been very good to me and moves 1% everyday in a channel.
I think its a shame Gary hasn't got analysts on this...it should be MUCH higher. Might steal a few for a ride. Almost 100% in cash...still have Disney. Got $15-20k for play money.
$15+ Million in the bank would put this easily between $.10 and $.25 (if not higher). My best guess.
Going all cash...except for play money. It's going to be a ROUGH August-October. Not much upside in our future across the board.
I am seeing at least $120 by Christmas.
The Precise Take – Fed and Treasury in the spotlight
Big Picture Analysis: Yesterday, bulls were able to discount the disappointment that facilitated the large down gap Sunday evening in equity futures. Overnight, the ES traded just inside of yesterday’s day session high and low. As we draw closer to the meat of the major news releases this week, we would expect activity to pick up. Besides the debt ceiling issue, there is Durable Goods and the Fed’s Beige Book released tomorrow, which the Fed produces in preparation for the upcoming FOMC meeting on August 9. The first estimate of Q1 GDP is released Friday, which also commences the Fed’s annual Jackson Hole event. Many Fed governors will be speaking, and it is not lost on traders that last year’s meeting leaked hints of the resumption of Fed balance sheet maintenance and (subsequent) expansion (QE2). Accordingly, risk markets appear poised to run with any good news, provided they can avoid a rout on any disappointment. Until the ES accepts above 1350 or below 1290, it simply remains in a trading range.
Trading Today: The lower end of the projected range includes daily S1, the overnight low and a 50% retracement, from 1325.75 to 1327.00, and we will also watch the 1331.25 to 1332.00 area as potential support. We would consider longs from the 1320.00 to 1320.50 or 1317.00 to 1317.50 areas, but likely not below. The upper end of the projected range includes the overnight high, yesterday’s high, and daily R1, from 1339.25 to 1340.25. We would also consider a short from the 1342.25 to 1342.75 or 1346.25 to 1347.00 areas, but likely not above. We expect some volatility around the four economic reports released at 10:00 am.
Day Trading Guide
Upside Price Action Targets
1352.50, 1341.75, 1339.25
Downside Price Action Targets
1252.75, 1258.25, 1262.50, 1269.75
1274.50, 1292.50, 1311.00, 1320.50,
1325.75
Today’s Scheduled News (all times EDT)
Major Market Movers
Consumer Confidence at 10:00 am
New Homes Sales at 10:00 am
Minor Market Movers
Richmond Fed Mfg Idx at 10:00 am
State St. Investor Confidence Idx at 10:00 am
2 Yr Note Auction at 1:00 pm
Tomorrow’s Scheduled News
Major Market Movers
Durable Goods at 8:30 am
Minor Market Movers
EIA Petroleum Stats at 10:30 am
5 Yr Note Auction at 1:00 pm
Fed Beige Book at 2:00 pm
What an interesting day on Capitol Hill today. I think the Dems are cooking themselves by being so combative. Bunch of spoiled children.
What do you think of CORN? Looking for some agricultural trades to go with my silver trade (which, IMO is about ready for an exit).
I thought this company was a scam. Haven't done well on your picks. How is this company still in business? I see and smell dilution. Another promoter is taking this down the drain.
More than 50% of the shares are in the float... Guess that means the float would need to get bought up or the stock diluted for the 'management' to gain full control. Here comes the death spiral.
NO VOLUME on this POS company. Another effort by you to bring in shareholders for a dump? Your record sucks.
You da man! :)
Market has had an incredible run this week...what goes up, must go down.
A done deal on Monday would be stellar. Might buy a bit more going into the weekend here.
Money in the bank and we have a HUGE HUGE HUGE RUN!
I know RBtree disagrees with you...BUT...I think you are exactly RIGHT when you say, "From what I have seen and heard Mr. Moore is the type of person you want working for your company. Not sure how they latched onto him, but it was a good move by SUGO."
I know RBtree has tried to discredit Moore and the report he did. But, I know RBtree calls you the most respected poster on this board. Glad to see you think so highly of Mr. Moore and the report he has done.
I guess there is nothing else to do, but get the financing...seeing as how permitting isn't an issue, enviro nuts (as RBtree calls them) are a non issue, the road rebuild (as you put it) is a non issue.
Boys, I say we get the financing and we have ourselves a HUGE FREAKING PLAY! :D
GO SUGO!
Hey Poemstone...I think 5x bagger will be BLOWN out of the water with just the financing. But, that's just me... I tend to think of a company with a $1.8 Million Market Cap with $10-15 Million worth at minimum $10-15 Million (which, is more than a 5 bagger). But, using the numbers provided by rbtree and villageman I say $.20-.50+ is realistic. That is, I am going with their guesses.
EXCELLENT VALUATION! 35 YEARS OF EXPERIENCE BACKS THIS UP!
I think the guy most lauded as an expert in this field, the market, etc. is saying we have a BILLION DOLLAR MINE. SUGO's 2+ Million ounces of gold and the fact that GOLD has gone up another 60% makes this a HUGE FREAKING COMPANY!!!
In general stock evaluation for mining companies with proven ounces in the ground is $50.00/ounce up to 500,000 ounces and +$100/ounce going up from there. So 2 million ounces would give a company evaluation of +$200 Million. As for mining - the cost to produce an ounce will depend on may things but figure that it will be below $500/ounce and above $300/ounce. If you had 1 million ounces right now and put it into production you would make (worst case) ~$600/ounce or $600,000,000. With a junior company many times the business plan is to find something of size and hope that a Newmont or Barrick Gold takes you over paying a premium and resulting in a great payday for the share holders. If they find a "Carlin" type deposit it could be +5 Million ounces. There is a shot at a large copper deposit on the claims and that would dwarf a gold deposit. Time will tell and many drill holes. I do like the 2 year plan they outlined. If they are aggressive than they will have a good idea just how big this could be.
Nitwit, you should be posting on the joke board.
http://investorshub.advfn.com/boards/board.aspx?board_id=30
You're HILARIOUS!
See if the market pulls it back...expecting the market to pull back a little if we can't get the debt figured out fast enough. But, LNDC looks like a strong move to $7.20-7.50.
To quote Black Eyed Peas - I got a feeling...
Can I use his word's? PLEASANTLY SURPRISED? :)
Everything that would 'pleasantly surprise' is happening...to a "T"
SUGO's upcoming stock run is going to pleasantly surprise many...but for some of us, we knew it was just a matter of time! :)
I'd be pleasantly surprised to see a lot of new people post on SUGO and a few to stop ;)
ANOTHER REASON WHY SUGO WILL SUCCEED!!!
Atna Resources Ltd. - ATN.t is a gold production and exploration company focused on the flagship Briggs Mine in Inyo County, California.
http://www.atna.com/s/Briggs.asp
....SO YOU MEAN TO TELL ME ANOTHER MINE IN INYO COUNTY IS DOING THE LEACH PROCESS? - FUNNY, NO ENVIRONMENTALISTS ARE THERE TO STOP IT. SUGO IS GOING TO BE A BREEZE!!!
Wed Jun 22, 2011
Atna Completes Leach Pad Expansion at Briggs
Golden, CO -- Atna Resources Ltd. ("Atna" or the "Company") (TSX:ATN/ OTCBB:ATNAF) reports that it has completed its planned leach pad and carbon tower construction projects at the Briggs Mine in California ("Briggs"). These projects include a doubling of available capacity in the carbon tower and leach irrigation systems and a major expansion to the leach pad area. Besides ongoing development drilling, these projects were the major capital expenditures planned for Briggs in 2011 and represent the final phase of capital infrastructure investment for the currently engineered mine-life.
The ore stacking system has been moved to the new leach pad area and fresh ore is being placed on the first lift. This will reduce the time required to see initial gold recovery from new ores placed on the pad over the next nine months. Leach pad irrigation rates on the existing pad area have already increased by over 25 percent and are targeted to increase by up to 35 percent to allow the simultaneous irrigation of a larger leach pad area. Early results indicate that additional solution flow is increasing the rate at which gold is being recovered from gold ore inventory on the leach pad.
"These projects were designed to meet the currently planned life-of-mine leach pad capacity requirements while removing restrictions that had become evident in our gold recovery system. We expect to see an increase in the rate of gold recovery from existing gold ore inventory on the pads and from new ores placed beginning in third and fourth quarters of 2011, which should result in improved economic performance and reduced unit production costs at Briggs," states James Hesketh, President & CEO.
For additional information on Atna Resources and the Briggs Mine, please visit our website at www.atna.com.
This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, and within the meaning of Canadian securities legislation relating to gold production, production costs and economic improvement at the Briggs Mine. Forward-looking statements are statements that are not historical fact. They are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change, unless required by law. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include: gold production and operating costs at Briggs, the Company might encounter problems such as the significant depreciation of metals prices; accidents and other risks associated with mining exploration and development operations; the risk that the Company will encounter unanticipated geological factors; the Company's need for and ability to obtain additional financing; the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration and development programs; and the other risk factors discussed in greater detail in the Company's various filings on SEDAR (www.sedar.com) with Canadian securities regulators and its filings with the U.S. Securities and Exchange Commission, including the Company's 2010 Form 20-F dated March 23, 2011.
FOR FURTHER INFORMATION, CONTACT:
James Hesketh, President and CEO - (303) 278-8464
Valerie Kimball, Investor Relations - toll free (877) 692-8182
www.atna.com
http://www.atna.com/s/News.asp?ReportID=463411&_Type=News-Releases&_Title=Atna-Completes-Leach-Pad-Expansion-at-Briggs
L2 just about got cleared out. :D ...LOOKS GOOD!
Australian mining tycoon Gina Rinehart could be worth $100B
...The Australian's LOVE mining. Why Sutter is getting $20 Million. Wouldn't mind seeing a little Aussie love for SUGO.
http://www.newser.com/story/122255/gina-rinehart-australian-mining-tycoon-may-become-worlds-richest-person.html
Interesting... you find someone who has 35 years of experience in the GOLD MINING INDUSTRY... You put him up on a pedestal. Say he is the ONLY one posting who we should listen to...then you say it's not true. Can't have it both ways, can you? :)
SUGO will be a very environmentally friendly gold mine since it is in California. I see NOTHING stopping SUGO now other than getting money in the bank. PERMITS and ENVIRONMENTALISTS are done. NON-ISSUE. And only a distraction.
We're going to make a lot of money here and SUGO is close to taking a HUGE leap forward. - Like rbtree said...$20 Million for a Jr. Mining Company. I'm sure we'd all take that right now :) Others say $.50/share (or $50 Million). - If these guys are experts...I'll take either of those numbers ;)
READ THIS CAREFULLY! GOOD NEWS!
..."THE COMMENT PERIOD IS DONE AND GONE AND THE BLM JUST NEEDS TO REWRITE THE OPINION." - SEE BELOW!
They found there was no reason not to issue their permit. Yes they did come to that conclusion in their review, but felt they needed to expand the opinion to address comments which they received from environmental groups.
The permits are still active in the BLM register - I just checked - but the Enviro's figure that the thing is done and gone. I would be very happy if they did not come back in the process and it may be that they will not see SUGO start up the process again. I am not sure how that will work as it is something I have not seen before. But the Enviro groups and on standing notice to all permit applications that come into the BLM. They see an application they don't like, they attack. But since this is an active permit application it may be that a new notice will not go out. The comment period is done and gone and the BLM just needs to rewrite the opinion. The person I talked to at the BLM said that they would look to the company to supply help in this rewrite so SUGO will need to hire the right specialist.
WRITTEN IN EASY TO UNDERSTAND ENGLISH!
Your buddy (with 35 years of experience) said that the environmental road block is a non issue. This is also the same guy who went to Conglomerate Mesa for another client of his to review the property and he said he was thrilled with the property.
My contact at the BLM said SUGO shouldn't have a problem as long as they follow the standard procedures.
SUGO is looking better and better everyday!
Rehashing a standard tagline can't be productive for you, can it? Especially when you know it's not a big issue.
Money was/is the ONLY issue here. There are various processes to mine the gold...not all involve Cyanide - as witnessed by Sutter. There's probably 10-15 different ways to get the gold out in an environmentally friendly way. I think you are assuming the worst to try to scare people away. Which, makes sense since you yourself have posted several times you also think SUGO's potential is huge. Even seen price targets of $.50 from 'enviro nuts' as you called them.
Permits are not an issue. We went through that yesterday, remember? :P
Glad you think $20 Million Market Cap is a good start. I'll take a 15x gain here in the short term!
Will go back up ...always does.
1. Most financial houses and their investors look at the 43-101s. It gives confidence that an independent 3ed party has looked over the data, verified it, and collected samples to confirm the reported results.
2. The BLM's opinion is they found there was no reason not to issue their permit. Yes they did come to that conclusion in their review, but felt they needed to expand the opinion to address comments which they received from environmental groups. Going off that information permits could be in hand in 6-8 weeks. Anyone can call the BLM office and ask questions about the permits and the process.
Invest in companies with great properties that will interest major mining companies and will lead to take overs. A good example is International Tower Hills Mines. Went from 0.90 to 8.05 http://www.google.com/finance?q=AMEX%3ATHM
California is seeking to be THE state for the next Gold Rush. Sutter Gold Mine to receive MILLIONS that the GOLD RUSH IS COMING BACK TO CALIFORNIA!
http://sacramento.cbslocal.com/2011/07/19/investors-betting-millions-on-sierra-gold-mine/
More than 100 JOBS WOULD BE CREATED!
Financed by an Australian Bank.
Expect to pour their first gold bar by next Summer!!!
SEC To Consider Large Trader Reporting System Next Week
Last update: 7/20/2011 11:24:14 AM
--
//
By Jessica Holzer
Of DOW JONES NEWSWIRES
Washington (Dow Jones)--The U.S. Securities and Exchange Commission will meet Tuesday to adopt new rules requiring large traders to report next-day transaction data when regulators request it.
The SEC first proposed the new reporting system in April 2010 as a way for regulators to get a better grip on high-frequency trading, in which traders buy and sell stocks at lightning speed.
But the proposal has gained fresh urgency since last year's May 6 'flash crash,' which briefly erased nearly $1 trillion in stock-market value in just 20 minutes.
SEC Chairman Mary Schapiro has argued the new trading system would help regulators diagnose the causes of market meltdowns more quickly and also assist investigators in spotting manipulative or abusive activity.
Under the plan, the SEC would assign large traders a unique identifying number used to track their transactions. The SEC estimates the rule would apply to the largest 400 market participants.
-Jessica Holzer; 202-862-9228; jessica.holzer@dowjones.com
(END) Dow Jones Newswires
July 20, 2011 11:24 ET (15:24 GMT)
If you posted a PM from February that says anything negative Plata hypothetically wrote you I guess that would only VALIDATE my opinion that SUGO is a QUALITY play, since he publicly posted in March SUGO is a quality play.
He stated he had done research on the Conglomerate Mesa property and was impressed. He further posted, multiple times in March, that enviro concerns are NON-CONCERNS because of the existing permits.
I'm glad you think SUGO's stock will "jump up a lot" - glad to see you on the positive side for SUGO. I am surprised you would call people "enviro nuts". I guess this means you think any one with an environmentalist opinion is crazy? or a wack job? It may surprise you but I don't want huge environmental damage, does this make me a "enviro nut" or a wack job? I am a realist and with gold and mineral prices where they are it's clear that SUGO and the property will be in HIGH DEMAND. IMO, because it is in California it will be one of 'cleanest' mines in the country. But, this will take some time.
As you state financing will cause the stock to jump up. Plata feels that public comment and 'enviro nuts' will be a non-issue. Plata states the road to Conglomerate Mesa will be easy to reopen and will only quicken the permitting to drill on the property. IMO, the day we get financing we can expect SUGO to put together a timeline on regrading the road to CM and file the necessary permits to drill.
Oh man, this is going to be a VERY FUN stock to own! I'm glad you feel there will be "plenty of opportunities to make some darn good profits."
Any guess on where SUGO can go to on closing of financing? What is your best guess on announcing a plan of operation with the BLM? What do you see as price potential when SUGO drills and validates what the Moore Report has stated as far as quantity of mineral content?
I agree that any loan paid off when SUGO is $.20-.50 won't dilute the company that bad.
Glad to see you see the potential here and I look forward to seeing your stock position and portfolio grow with SUGO!
Stellar Post...Enviro concerns, not an issue.
This is from Plata, the guy who rbtree views as the most qualified poster on SUGO stock. WELL WORTH THE READ! :)
I believe villageman's W@G of $.50+ to be accurate and based my buying on his posts. I believed he was the reason I ended up buying more SUGO.
IMO SUGO is using the financing the shop around and get even better terms. SUGO is going to move huge to the upside when the time comes.
Don't take my word on where this stock can go. villageman predicts $.50!