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And don't forget all the "legitimate" companies and people that are in on the MMEX scam too; Vfuels, Saulsbury Industries, the town of Fort Stockton, The Pioneer, Rep Hurd, The Axelrods, Trinity, did I miss anyone? Oh, somebody said they would buy all the diesel... they're scammers too. Pilot Logistics I think. Yup, non of those who I just mentioned are legit. All scammers just like MMEX.
Really?
Not!
IMO IMO...
How many times have I heard that? Over 200 mil sold yesterday. .0001s maybe, but that's not dead. All ya gotta do is wait for it.
Valiant effort, but in all of what you just said, I see no proof that MMEX will not build a refinery. What I do know for certain is that MMEX is presenting along with Vfuels in a few days at a major oil and gas symposium. And, they will be presenting under the topic of "Modular Refining Units and Project Financing." Maybe you're correct in saying MMEX will never build a refinery. However, until there's proof to substantiate your opinion, I will stick with my opinion that MMEX will indeed build a refinery. Oh, BTW, they already have off take agreement in place which is a good indication a refinery is needed. Also my opinion.
So he wants to be perceived as a loser to the whole oil industry? This is why he's presenting with Vfuels? I guess it could be the reason, but not smart in my opinion. Someone who can pull off one of the biggest scams ever - while reeling in folks for support and photo ops like Senator Hurd, the Town of Fort Stocton, the Pioneer, Vfuesl, Saulsbury, and the list goes on - would be smarter than that. IMO.
Are we in for more of the same this week?... nothin? Probably. Hey, I own a huge oil field and I'm looking for a company to service it. I don't really care how much it costs, I just want you (Elite Group) to do the work and send me the bill. Terrence, please PM me here for more information. Of course I will require some information about your current business operations before we proceed, but its just a formality. Just have some basic ELTZ business information like if you're still in operation etc., ready when you contact me and the job is yours.
I sense my truthful comments are causing some anxiety. Here's some more truth. I don't know for sure if a refinery will be built. All I can do is talk about what I know. What I know is that MMEX is presenting with VFuels at an international conference with many oil industry players present. That is confirmed. The conference is this week. Also confirmed. My question is why? Would MMEX pout themselves out there like this as a failed company? I think not, but its merely my opinion. Maybe others share this opinion. I think its worth talking about.
Well, that would be a PTL moment for sure!
If I was MMEX and didn't get financing I think I would just fade away. Wouldn't celebrate it that's for sure. Wouldn't make a Power Point about it and tell the oil investing world about it at a conference in Cyprus. Talk about your anticlimax moment. Nope, I would try and forget about it, and hope everyone else does too.
Perhaps someone would have some information on why MMEX and Vfuels are presenting right after each other about financing projects in general. I'm pretty sure it won't be about MMEX financing, but it still should be good information. Maybe MMEX is going to Cyprus to be an example of how not to get financing. That would be a good reason to go there. "Hey everyone, we're from MMEX and we came all this way to tell you about how we failed at getting financing." That's plausible I guess
IG, I'm still waiting. This is something I'd really like to know. Many others would too. Hopefully your evidence that MMEX will never build a refinery if fourth coming, and thanks in advance.
Do you know for sure that he's not? If you have information to the fact, you should post it. It would be valuable information.
I believe you and wish you the best. With that I'll truly bow out this time. I'm starting to get on my own nerves. Time to go. All the best.
I'm not buying here, so can't flip what I don't buy. And you can't save investors because for every one that gets out, another has to get in. Longs lose on OTC plays 99.9% of the time. Most of those who say they're longs are most likely the flippers. So to be honest, I don't know why I'm here. Maybe expressing some frustration with the whole pump/bash message, trading system. It is full of liars and manipulators. I am neither. Just flat out be careful with this one. Don't stay long or you'll lose. I don't believe its legit now, or has the possibility to be so. IMO.
Mine too. And we wait. At least there's some sign of life over the last couple of weeks or so. Maybe there's something to this, maybe there isn't. But, at .0001 there's not much risk for the potential up-side if this turns out to be a real company.
If you have a strong case that gold is present, it is absolutely as easy as that.
That's so typical. How many time have I heard these types of responses to real questions or concerns. I work, but not for anyone or anything related to trading. That's for sure. I invest in a couple of stocks, and I find it interesting to post on forums like this from time to time. Oh, but i must be a paid basher or someone is trying to keep the price down... come on that's so old it's not even funny any more. But it is a hallmark of penny scams.
If there was gold here, money would not be a problem. I would not need anyone to buy shares to fund drilling or anything else. Plain and simple. If I had a legitimate gold claim here I would tell no one about it. I'd find out what I have or think I have and sell it to a company that has the ability to mine it. I'd probably take some money up front and negotiate a percentage going forward. Its not complicated.
Why would they do that? They'd have to sell a kazillion shares to break even on the costs. Few Canadians will buy into this. Its not worth it. Most Canadians have been there, or know somebody, or somebody's brother's cousin who has. They're not going to fall for this hype story. At least not enough of them to warrant the cost for the required filings. Nonsensical. IMO
Nothing funny here. I guess you've never been the bag holder. I have. Its not nice. There is a common them through all these boards. "Longs" call the contrary minded bashers etc instead of refuting the content of their comments. Tell me why they haven't drilled core samples here yet; after 4 years?? We do have long winters here, but not that long. Not that winter would impede drilling. So, why? I'm thinking they don't want to run out of chapters to the story yet. IMO
You're a good man for giving this good advice. All those who say they're long are flipping this - If they are smart that is. This will fall flat eventually. Someone will be left holding the bag. I'm guessing the next move will be to increase the AS/OS. The usual. IMO
Its currently well above freezing in KL. But even if it wasn't, I don't think a bit of snow would stop drilling for gold. I'm pretty sure drilling and mining goes on up here (and even further north in more remote areas by far) 365-24/7. Drilling does not depend on snow. Well, if there was gold there it wouldn't. Now gold mining stories tend to depend on snow (and other stuff) to explain the delay in finding gold for real. It makes a better story. Keeps everyone waiting for the next chapter. IMO
And by the way, you need folks like me to buy your shares eventually. That's a fact. Otherwise you make no money on this stock. So why don't you try and convince me about the beauty of ACRL instead of telling me (a potential customer for your shares)to scram. Doesn't make sense.
Lol. Just being honest. I've lost money due to hype. Its not nice. We can't have all positive here. Its not healthy. If you don't like my posts, there's the ignore button. But a contrary POV might help you too. Have an open mind.
If you like hunting for gold this is the stock for you. They've been hunting here since the early 20th Century. Finding gold, now that's different. If you like finding gold you may want to find another stock.
Me? Nope. And I don't want shares. if I wanted shares I'd buy them. However, I guess its easier to shoot the messenger if you can't argue the point. They may own the rights (for 4 years now and still no further along), but if there's gold, money would be so easy to come by. I'm certain KLG would buy the property, and I'm also sure that this would be the most lucrative way to go for Atacama. But instead, all company efforts are placed on selling the story. That's not right. IMO
Yes. Just trying to add a little reason to the rhyme here. I hope it helps somebody to be honest.
Yes, the story is a good one. However, If I ever find any amount of gold on my property, i'm going to first secure the mineral rights and then I'm gonna sell it all to a mining company. And, few people are going to know about it til its done. Get realistic people. There's money to be made here on the story only. If you're getting in now you are too late because the story is getting old. I'm just telling the truth as I see it. IMO
So - because there's gold there, there must be gold (at a recoverable/profitable concentration) here. We can't prove it yet, but we will... almost certainly. How can there not be gold here, if its there? Because here and there is so close together. However, everyone knows that having gold there and not here is very possible. Veins... . I honestly hope there's gold there and here. But... . All IMO.
Does anyone know how ACRL ended up with this claim and how much they paid for it?
Well, I have nothing to gain or lose here. I'm just posting for the sake of it. However, even with the SE stuff aside, I doubt very much that Kirkland Lake Gold( one of the largest gold mining companies in the world) had no idea so much gold existed mere kilometres from their current mine site, and ACRL got it. It would make a good story though, which is exactly what it is IMO. That's probably all from me on ACRL. Just passing through.
Its a Canadian company that is registered with the OTC instead of TSX-V. This is odd to me. I could be wrong, but I don't think there will ever be a real company here. If it moves to the TSX-V, I will stand corrected. I'm not saying there are no 'real"companies with OTC, but a Canadian company would normally register with a Canadian SE I'd think. Unless, of course, they're up to shenanigans, which is easier to accomplish on the OTC. IMO.
When a company registers with the OTC instead of the TSX-V, there's a reason for it. That reason is not a one that will prove favourable for investors in the long run. If there was gold in them there hills, the Kirkland hosers would have it locked up tight. Count on it. Same for cobalt or anything else of value. IMO.
Hopefully its going to be an interesting week here with some updates. Been waiting a long time.
Of course it will. Can't change and stay the same. I think something positive is brewing here. Admittedly, I have nothing to base it on other than that I've been following this stock for around 2 years plus, and up til now nothing like this has occurred. Also, nothing verifiably positive has occurred. So, I feel a positive change is in the works... the time has come. IMO.
I'm speculating over .001, but no information to go on so my speculation is really useless information. All depends on what they've been doing for the last year plus. I know lots of money is being made in the Permian area now. If they have an oil service business there like thy said, it will surpass my speculation I would think.
The OS listed on the OTC is for almost the 3rd month of 2018 at less than 1 billion shares, so it can't be too far off that.
Much appreciated.
You have to ask yourself, why would MMEX be giving a presentation in tandem with Vfuels? There's no bad answer to this question. All good. IMO.
MMEX
Lol. Yes, that would make me a billionaire.... on a penny stock. I do like your optimism though.
The last time one of these "resignation" actions occurred was around the same time as the 10-K (I think) on 1/26/2017. So maybe some financial update is near. Maybe.
I wonder if Vfuels and Saulsbury Industries are aware that they will be building a teapot for MMEX?
If MMEX built its CDU and it operated to produce diesel etc. as proposed, it would be very profitable. Therefor, financing is totally attainable. IMO.
You got it right. It was always about the financing. If MMEX gets financing investors make money. If not, investors lose money. Its as simple as that. We can talk about a lot of things regarding this project, but it all comes down to financing. Financing = refinery. With a float like this (and even much higher) a refinery = money. Period.