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Hi risk, Sure miss RMC's updates. Could you please give me a pm on the latest. Thanks.
aldapogs, No I do not think it will get to .004. I have over 4 big ones at an avg. price of about .007. If it gets to .004 will have to find enough powder to add 2 more big ones. Will start to take some off the table in the .04/.05 range. If the news is super good will wait for a higher price.
risk, It must feel good to at last to have seen the light and to have a clear picture on how to make some real profit. Like I said that third wheel sure does add a lot of stability. Now we have a plan. Go Sney.
Hi risk, On my first cup of coffee in Singapore and had to go back and read a few post to see what is happening. The Trike example is a good one. Nothing like have that 3rd wheel for stability. I will also be loading more at .004. Go Sney.
risk, Well said and I agree completely.
risk, Are there any that will be in operation in 2012 and will have extra capacity? Permitting is a big problem. Im all for processing in 2012 any where in the world. We need the revenue now.
dannie30, With 1 mil. you could buy all the sellers shares. This would do more for share price. I got another 200k today and now over 4 big ones.
mikey, Lynas plant is located in Malaysia and production is in process of starting at this time.
Sure would be nice to see some 5's today.
Looking to take a position here. Anyone hear anything positive recently?
junkyard, There is so much garbage in some of the fillings that you have to learn the important things to look for.
Now Medhi owns 25 mil shares.
Got a few more today at these prices.
Thanks bob for the update.
smitter, Good to have you back. Were the threats from posters on the board? Maybe we should email or pm more for discussion that we do not want to be public. Did you notice the total shares sold and total buys. 18 mil. vs 4 mil. One day that will reverse.
If I was short I would cover.
Thanks M T have been away for a while. Thanks for the info.
567tbd, Do you have a take on what is happening and what it means to CGFIA stock holders?
Silver,With 127mil. of AMNP left of the a/s, how much will be used for the CGFIA cnnversion? That is the Question. Think that I will get a few more CGFIA.
LJ Silver, There will be about 127mil of AMNP shares left that could go to us CGFIA share holders. Do not think they would use all. What ratio are you thinking maybe 200 or 300 for 1? Believe the new AMNP shares should be worth about .50 each. Just thinking maybe need more of CGFIA. Your thoughts please. Have not been watching as close as I should. Thanks.
Lets have no more discussion on this r/s subject. We are going to grow revenues to support no. of shares. Jeff has spoken and said no r/s. We are in a fast expanding market and have a patent protected superior product. Go KMAG.
falon, Thanks for the additional info. I lived and worked in Asia from 1977 to 1998 with most of my time living in Singapore which is next to Malaysia southern tip. Have been to the area that the Lynas plant is located many times. Malaysia has a good base of workers to man such a plant. Malaysia has both mining and oil field skilled workers and need exports that are connected to the processing plant.There have been some resistance by the tree huggers, but is now scheduled to be operational this year. Seen a small article in todays paper that the Malaysian Gov. will require Lynas to submit a plan to "immoblise radioactive elements" in the residue that is to be disposed and to control the release of dust to the enviorment.
I believe SNEY's ore will be processed in this facility because there are no other facilities available that I know of. This type of plant is also very capital intensive. If you google Lynas you can research the facility and view some good pictures.
basserdan, this looks like a good one to buy and accumulate and wait for production to begin. Do not see any downside only upside and is greately undervalued. This is an easy 10 bagger in the making. Will be interested in more plans to bring to production. On a scale of 1 to 10 how would rate this one?
Wasoom, Read post 62623 for the solution on finding a place to do the processing. The port in Malaysia is set up to receive the ore that comes from Australia. The plant should be 95% complete by this time and is the largest outside of China. Does not cost much to ship ore by boat and there should be plenty of customers after processing. Go SNEY
RMC, Sorry to hear that. Your efforts are greately appreciated by myself and many others.
Thanks Ceeker will try to get more info on it. Will report back if anything is found.
Ceeker, A very good post. Which are the Silver producing co,s that Jeff has? Thanks
RMC, You have convinced me. Lets get one this week. Go SNEY
Used today prices to pick up another 610k. Avg. cost now at .0051. Started out when the price was .0035 a long time ago. Just getting ready for Jeff's golden days statement.
jaimerodriques, Very well said. There is no way that the shares being sold are Jeffs converted shares as they are restricted for at least 6 months. Then also as GOLDBUFFALO says their are restrictions on how many can be sold at one time. I believe we will get some explanations very shortely. For me I was up all day since I am in a time zone that is exactely 12 hours different. Go KMAG.
jaime, Have been doing a lot of reading and checking since my last post to you. Just can not convince my mind that Jeff would convert his shares and destroy KMAG. It looks like that KMAG will take a big hit at opening. I will be buying at some point. I will be 75 soon so still have a few years on you.
jaime, Check back and read the posts from GOLDBUFFALO and you will understand what has happened here. M&M have nss KMAG and now they have a scare campaign to buy back cheap shares. The shares that are being used are nss. There email allerts are just not true.
Looking like we have some potential here. J/V in place with 8.5 mil. funding. Looks like mining will start this summer with a potential of 10k oz. of gold. Profits to be split 50/50. Production can be raised by adding processing eq. GRMC has a steady source of income to expand other properties. Looks like a winner to me if all goes to plan and gold goes up. Will start to fish for some shares.
I'm ready for a 10k this week. Go SNEY
Got a few more on the ask.
risk, Bring it on. Lets start today.
Voted no on the reverse split issue.
Time for you to sleep it off. KMAG will do just fine.
Been in this one a long time. Its time to make some big bucks. Lets get the Ruby going and find some nuggets.
The 11,000 shares today was my buy.