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nicely said
According to the bolivian news paper "El Deber" (I think this is a good one guys, this was posted today 5/7/06 in their financial news section)
The president of the "Transredes Corporation" says that Hugo Chaves from Venezuelan president agrees with a pipeline to provide natural gas to Brasil and Argentina but claims it will cost aprox 23 million to build and maintain. He mentions and he seems a bit uneasy about the fact that this pipeline could very easily replaced by a more inexpensive project which he continues to say is by building gas to liquid plants, they will then transport the liquid gas to Venezuela and Brazil via tanker boats.
Full article here - (sorry it is in spanish)>http://www.eldeber.com.bo/20060507/economia_12.html
Transredes ‘aplaza’ Gasoducto del Sur
El presidente de la empresa transportadora de hidrocarburos, Transredes, Ernesto Blanco, consideró que el 'megaproyecto' del Gasoducto del Sur que impulsa el presidente de Venezuela, Hugo Chávez, para abastecer de gas natural a Brasil y Argentina, es inviable por los elevados costos de inversión y de operación que demandaría este ducto de casi 8.000 kilómetros.
Este proyecto fue respaldado en la cumbre del viernes celebrada entre los mandatarios de Venezuela, Brasil, Argentina y Bolivia, al cabo de la cual el presidente de Brasil, Luis Inácio Lula Da Silva, consideró que este gasoducto será el más grande del mundo, después de la Muralla China, ya que será uno de los más extensos de la humanidad.
Blanco indicó que este proyecto, que demandará un presupuesto de unos 23.000 millones de dólares, fácilmente puede ser reemplazado por otro más económico a través de la instalación de plantas de recuperación de gas natural licuado y que el transporte estaría a cargo de un barco que transitaría entre Venezuela y Brasil. “Considero, personalmente, que quienes plantean este proyecto están volando en las nubes”, afirmó.
Según el titular de Transredes, Bolivia tiene buenas perspectivas en los mercados vecinos y en ese marco debería tratar de proyectarse.
see this Market Wire about gas-to-liquid plant to be built in Bolivia's Santa Cruz department --> http://biz.yahoo.com/iw/060427/0125567.html
Sorry Rai, no more openings.
Hey Rai, do you have a 4 monitor setup at work with a 3 gig P IV workhorse. I know I do. I watch this stock for my boss and another 3 friends that I got hooked on FMNJ, Im like a walking FMNJ advertiser. maybe you should do the same, but if you get fired dont blame me. :)
correction g-man
http://www.eldiario.net/
I like it, we just investors to understand that.
Good Lord!! Jul 4 2028, I must say that post is the funniest yet. I must be easily amussed, Good one history, I think I will plan for retirement now.
I can't stop :):):):)
G, Thanks for the info, plus I am glad my spanish is excellent
WOW this is super news people, I am surprised no one is making a comparison or comments on it yet.
Last paragraph of the News on quotes
"In Santa Cruz, Bolivia's petroleum hub and the country's financial center, business leaders called for a one-day general strike Thursday to protest the nationalization plan."
"That is exactly where FMNJ will build their refinery <<Santa Cruz>> according to their recent PR --->>> http://biz.yahoo.com/iw/060427/0125567.html
Could it be that the goverment and FMNJ know some of the entities and companies there, will not agree with the government decree and will leave thier refineries behing thus FMNJ will take over one of them?? As stated on the PR FMNJ will produce a small amount for themselves. There are aprox 56 refineries there. Will they all agree to a 20% 80% decree
I say to that most likely not.
Im with you Martucci
Yes Mr. Morales:
Morales has repeatedly said the country's natural resources have been "looted" by foreign companies and must be nationalized so that Bolivians could benefit from the profits that were being sent overseas
Jaime Melgarejo Replies:
Franklin Oil & Gas, Bolivia's partnership with YPFB will coordinate and manage both domestic and export sales and distribution of diesel fuel produced in their new gas-to-liquid refinery.
On time Jaime *****Go FMNJ GO****
I guess check out my post 2914 *** FMNJ Bull ***
http://www.investorshub.com/boards/read_msg.asp?message_id=10890198
I think he still puking, I know 2 of my fellow investors did.
It will be back tomorrow I just have to rearrange my guts
.07 .08 here we go again.
jcane, If history repeats itself this week and there is a pull back it looks like it maybe in the neighboorhood hood of .07 or .075 and personally I dont think it will last there for long, if it even happens.
I was waiting for a pullback when it was .012 (I was expecting it to fall on top of the 50 MA) and guess what it never happened). I sold 2/3 of my pos on the way up and I am holding on to the rest for know. I had FMNJ for 2+ years.
As far as Jaime goes I think his planning this year is absolutely outstanding, but do not be surprized during his moments of silence. Go FMNJ Go
Hi marcg, Just a glance at the technicals and I personally feel this stock is being shorted to much, it doesn't show the neccesary commitment from shareholders. It is not necessarily that I dont like it, it's just not to my personal taste of trading. I first look at technicals and then go onto the fundamentals if it shows potential for me
Compare this 2 charts and tell me what you see, they are nearly identical with the exception of the company
http://stockcharts.com/candleglance/?GLE,AURC|B
When I buy a stock I want to be sure the entry point is absolutely the lowest point.
now look at this one
http://stockcharts.com/candleglance/?FMNJ
3000% in 2 months, dont you think that is one serious gain.
just like I inderectly told TallRob0 on post #1926 the information is there, it is really all up to the person to exploit it potential. Have a nice Trading Day.
Hey Tall, I just thought it would be an interesting statistic. No meaningfull information to you maybe,
but there are certain pinks on that page that could have made you a fortune by now I really dont know how is that meaningless.
Dont know enough about the 2 stocks you mentioned but
I looked at AURC shortly and didnt care for it,
I have no idea on QBID. Want to make money next week buy FMNJ, It is # 17 on my post
As far as NDOL is concerned which is why I posted my first post, It definetely looks like it has plenty of potential left
considering it was 6 cents at one time in the past. I will most likely add to my position next week. Good luck to all of you Longs. Have a Happy Trading Day
NDOL # 18 on the pinksheets.com website
POPULAR REQUEST LEADERS
As of Fri Apr 28 23:00:23 EDT 2006
1 GBJT
2 JPHC
3 PGDP
4 RSHN
5 SBAM
6 ABZT
7 OMOG
8 DNTK
9 HISC
10 EMXC
11 AMHD
12 UFSJ
13 QRVI
14 CTXE
15 OBFC
16 APWL
17 FMNJ
18 NDOL
19 CMDJ
20 CBAY
21 TXHG
22 FNPN
23 INSGY
24 DCNAQ
25 PBLS
26 DIGG
27 QBID
28 AXGJ
29 IDWD
30 DDSI
31 GSPI
32 BOCX
33 BKMP
34 MTPT
35 EDEX
36 IVFH
37 GLBT
38 AURC
39 SMMW
40 WTAF
41 BOREF
42 PLNI
43 FPPL
44 BKBO
45 EYTC
46 PIFR
47 VYON
48 NHYF
49 MSITF
50 LUKOY
51 GTXC
52 PGPU
53 SBRX
54 DPBM
55 FMXIQ
56 QTXB
57 SSUF
58 CAFE
59 GWGOE
60 MRKL
61 NNLX
62 IKMA
63 IPRE
64 ILST
65 USXP
66 ACMG
67 BDGR
68 FLST
69 SPRL
70 TEXC
71 GFCI
72 CSTJ
73 PAIM
74 RANGY
75 PSMH
76 GZFX
77 CYBR
78 NGCN
79 RBAN
80 UPZS
81 DPHIQ
82 CPNLQ
83 TNGL
84 HTRE
85 ABSY
86 JAGH
87 KENS
88 PLLN
89 MDMN
90 SGGC
91 MLER
92 CFTN
93 CLMP
94 TNOG
95 TGLE
96 MLTO
97 AORGB
98 CKYS
99 IBCX
100 CTORF
FMNJ # seventeen on the pinksheets website
POPULAR REQUEST LEADERS
As of Fri Apr 28 23:00:23 EDT 2006
1 GBJT
2 JPHC
3 PGDP
4 RSHN
5 SBAM
6 ABZT
7 OMOG
8 DNTK
9 HISC
10 EMXC
11 AMHD
12 UFSJ
13 QRVI
14 CTXE
15 OBFC
16 APWL
17 FMNJ
18 NDOL
19 CMDJ
20 CBAY
21 TXHG
22 FNPN
23 INSGY
24 DCNAQ
25 PBLS
26 DIGG
27 QBID
28 AXGJ
29 IDWD
30 DDSI
31 GSPI
32 BOCX
33 BKMP
34 MTPT
35 EDEX
36 IVFH
37 GLBT
38 AURC
39 SMMW
40 WTAF
41 BOREF
42 PLNI
43 FPPL
44 BKBO
45 EYTC
46 PIFR
47 VYON
48 NHYF
49 MSITF
50 LUKOY
51 GTXC
52 PGPU
53 SBRX
54 DPBM
55 FMXIQ
56 QTXB
57 SSUF
58 CAFE
59 GWGOE
60 MRKL
61 NNLX
62 IKMA
63 IPRE
64 ILST
65 USXP
66 ACMG
67 BDGR
68 FLST
69 SPRL
70 TEXC
71 GFCI
72 CSTJ
73 PAIM
74 RANGY
75 PSMH
76 GZFX
77 CYBR
78 NGCN
79 RBAN
80 UPZS
81 DPHIQ
82 CPNLQ
83 TNGL
84 HTRE
85 ABSY
86 JAGH
87 KENS
88 PLLN
89 MDMN
90 SGGC
91 MLER
92 CFTN
93 CLMP
94 TNOG
95 TGLE
96 MLTO
97 AORGB
98 CKYS
99 IBCX
100 CTORF
I supposse that all depends on how many shares you are sitting on. 1 mil at .05 would transfer into 50k, 8 mil would be about 400k. Take your pick. Either one would make me :)
Hey long, is .002 your avg? I agree with you on the gain and disagree with sagan, FMNJ ROCKS and it will rock the Cerro Rico when the real news come out.
Sagan, Look at the RSI indicator it is way overbought right now and no decent news yet. If we average out now around .008 or .009 should not catch you by surprise. Locking in profits is the way to go with FMNJ specially with and all time high.
Sounds like you got in kinda late or greed is taking over. Dont worry FMNJ is surprising even me and I had it since 03. I will go even higher, It just needs to fall back a little bit. :)
Just a link to one of the stones that could be found at the Cerro Rico, Check it out, the price is reserved.
http://www.irocks.com/tucson05rare3.html
look at, it is close to the top of the page ->
TR510 - Phosphophyllite "fishtail twin"
Certainly, I had this stock for almost three years and sold to soon on the first run up, but 2 weeks later a repurchased it and bought even more at .003. I cannot beat the amount of profit i could get my hands on now, then again is not my plan to cash out now anyway. I realize when I repurchased shares that shorting the stock will just open my self to more potential for a loss and being taxed to the end.
Plus I truly belive that Jaimes plans are legit regardless of any comment that goes through this board. I'm just not letting the emotional factor get on the way of my trades. I told FA back in march about the charts (3/15 -> 3/20), he seems knowledgable enough to interpret them, thats for sure. I can assure you that Jaime knows what he is doing, charts or not his plan seems to be working so far, he just needed some help to accomplish the tasks at hand. Go Long FMNJ.
I have seen that happened several times in a 2 week period, It looks like they are redesigning their website.
If anyone on these board reads FORBES magazine, I suggest you read this month issue, They have a great article about Evo Morales, new president of Bolivia. He is certainly a very smart man and himself in combination with others will put Bolivia in a definite success path.
Woah!!. Men it was nice to see this jump today and I must say, Day traders certainly now how to do it. Just a bunch of them jumping in for profit. FA- I agree with the retreat, a healthy one I would think would be between .0072 to .0085, depending on news. The RSI should be right above 50 and this will certainly start all over again. MM's having a party the past 3 weeks. Lets get ready for profit taking time.
FA- remember, to some people this is an attempt to make quick buck, to others is an opportunity to see the company get there.
I truly believe this is not a mistake, lets see new highs,
You and a handful of others waited long enough. Go FMNJ Go
4 mil in 4 minutes not bad,
This is the link to Norel's post, Great job man.
http://americanbulls.com/StockPage.asp?CompanyTicker=FMNJ&MarketTicker=OTC&TYP=S
Man, FMNJ never stops surprizing me. This is certainly a trend braker with todays performance. If it keeps up with this type of daily volume and at this price levels a nd higher, the 50day MA will be very soon at a comfortable level for me at least and hopefully for some other FMNJ investors as well. Go Longs.
The real question is knowing when it will happen. I must agree with FA on this one, The pull back is normal, since the stock traded upward for 9 days straight. Will likely average around .0045 and .0051 depending on news. The rebound upward may happen sooner. Just like Martucci said let the profit takers and daytraders have at it and cash out, that will only make the stock more stable in the longrun. Good Luck to all of you Longs. Go FMNJ Go.
First red bar in 10 days
I think we are alomost there, Its pretty early, we may break 30 mil today, New high today
FA - FYI we have moved to # 21 on IHUB's Hot! boards, As one of the most active boards. Very Nice.
Thanks FA I was waiting for that to happen
FA- I guess is time to add the CMF graph to our repertoire of charts
It looks like the press release is buying him some time to be able to close the real deal with COMIBOL. He is certainly planning every move very carefully. Steadily, the stock will get where it needs to be.
To fast of a move like back in 05 when it traded 75 mil on one day and the stock will dry up just as fast. We are moving just fine for now. In due time the volume will pick up.
Say that again, this was 27 years ago, and they are getting to collect on it now. This was only a 2 million dollar insurance payout that turned into 14 million. The original 2 mil plus 12 mil for damages.
I can tell you that COMIBOL was just awarded 14 mil on a 20 year old lawsuit against an insurance company that refused to pay for an accident
http://www.redbolivia.com/noticias/Justicia/11583.html?SID=a099a712a997908df93da55974726142
so I dont think they are in any immediate need of money