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Pretty sure bet we will hear something substantial by the 5th at least.
Thank You.
drifter, is April 5 an extended date as well? Thanks.
I believe I have another article somewhere that mentioned Gateway and SCD, if I recall it was from a few years ago as well.
Not really pinky,the short term flash in the pan is over now that the loan is confirmed in print.This will keep reacting this way all through the anticipation/confirmation of news events. JMO.
I don't mean to sound simplistic, but did you question Burg regarding another facility that may be being used in the interim to produce the product?
transam73wi, see if this is of any help...http://www.nigeriancp.net/petition_To_EFCC.pdf
Thanks, didn't catch any posts before the 9:30 open.
Can't believe that bigdaddy25 has not chimed in.Maybe he figures since he lost so much time working yesterday at his real job he better make up for it today.
hinch, I still feel that we will hold in the .024-.025 range.Most of the short term flippers bailed at the open and probably did fairly well on a 3 day hold.Many here that have been holding on over the last year are in way above current levels and I don't think they will be dropping out until at least .05.New money must continue to flow in and be willing to stick it out for awhile in order for this to increase at a somewhat consistent pace.This is just my opinion from what I have experienced over the past .The 3 day run we experienced was due to anticipation,now that it is confirmed the "novelty of it" is over. Best to all, would love to see high .02's today but don't see it coming unless Pandey drops another PR while the market is over.
I think we will play around in the .024-.025 range today. In the past we have done better going up when anticipation of the news was taking place, and stalling after it was out. I'm sure quite a few took some quick cash off the table at the open, always happens and always will.Most time too high of expectations are set for the short term and most times they are never met. We'll see how the day plays out. Best to all.JMO
O.T.Do you mean DNDN?
Is .03 a possibility today or is there too much resistance between here and there?
Today's action should be interesting to say the least.Two scenarios arise, (1).this continues it's upward trek on anticipation of more news either today or early next week. (2).Traders will be taking their 30% or so and moving on to the next play sending this back to the languishing levels we've experienced for months.We favor the news, but past history shows that in this stock once news comes out it's hard to sustain the interest. This is just my opinion,hopefully all the good that's in the works will be able to keep us on a positive run. Time will tell as it always does.
E.O.D run could be quite interesting, we should expect some quick flippers to drop out but I feel they will be met with buyers looking to get in before the open. JMO.
Lochute, Are you happy? U guess you'll be ecstatic when your $40K in the green.
Could very well be one's who loaded up in the mid .018's, nothing wrong with a 30% profit in a few days if that's your plan of attack. JMO.
drifter, I I received the ass of the year awardin 06'. I sat ay lap top on a nice warm beach and watched over $200K in profits evaporate.In retrospect I think I must have been in an altered state of mind, now I can't possibly see how I could have naturally been that stupid. Oh I forgot, greed will do that to a person. Good luck.
I remember last June, we would run up, the mm's would drop down slightly to give the impression they were going to take it down and then we would shoot right up through the previous high in no time. This went on for weeks thru-out June. JMO.
drifter, don't take any vacations in the next couple of weeks, I'd hate to see you repeat what happened last July.
I'll even throw in dinner at Giorgio D Ristorante,and a bottle of their finest.
mets,maybe I'm looking at things to conservatively.I would love to see this at a dime in the near term, who knows it's happened many times with other pennies.
bigdaddy25, if this hits .15 in a couple of weeks, I will personally hand deliver to you airplane tickets for 2 to Las Vegas, lodging for 2 at a hotel of your choice, and $5K cash to drop in the one arm bandit in the lobby.I'm only a few hours from where your at.
Quick question, why would someone with your business prowess be buying now when you could have been loading the boat in the low to mid .018's a couple of days ago?
I'm still not seeing all the hype being generated by newsletters and stock picking sites. IMO those were the driving forces back in June06' that ran this up to the levels it did.We had 100M plus days of volume, that in turn was coming from I would guess thousands of traders who were alerted and contacted thru various sites.I agree that there is money waiting to come in, but I highly doubt that it will be with the same vigor that we saw the last time.Another thing to keep in mind is the many who watched their profits fade away when this quickly fell back the last time, I would think those same people if still around will be hitting the sell button much quicker this time as not to be caught holding the bag yet another go around.I'm not bashing the stock, I'm just not seeing all the excitement that many here claim will take place once the funding is complete. I would be ecstatic if what many here are preaching happens,prove me wrong and show me a .10 stock after the funding issues are settled. JMO, Best to all.
bigdaddy, after your talk with Burg yesterday is it in all liklihood looking like Monday may be our day for loan news? I know you were adament about it coming yesterday or today, are you still that confident in that timeframe after your talk with S.B. yesterday? Thanks.
I don't expect to see any news until Monday at best. IMO, BigD got a bit over anxious as he usually does and predicted once again PR by today.I got the impression from his post yesterday where he said he talked to Burg that it is now going to be out "before he leaves for Nigeria", pretty vague as far as putting a date on it.I realize today is not over with, but it sure seems that if BigD was still 100% certain on news today he would have been touting it thru-out the night and here and now as we speak. JMO.
Raven, do you honestly see this being at a nickel as soon as the funding is in placce? I want it there just as much as the next guy/gal but I think many here are going to be let down initially. I can see a 50% pop from current levels, not much more until production hits big time. JMO.
If we don't get a PR today or tomorrow we could see a nice little run up at Fridays close in anticipation of Monday A.M. news.I feel this is going to be the real deal this time around, just don't know how traders and investors will react to the loan news since it has been anticipated for so long.Many here keep saying that new money is waiting on the side lines, I guess all I can say is show me the money. Best to all.
drifter, sorry to sound edgey, I sat thru the run up to .115 holding 2.68M shares at an avg of .0197, that hurt but it was my own fault. To make matters worse I let it drop all the way back to current levels.I have learned a lesson since then, I'm sure you know what it is.
Looks like they don't want to let us close at .021.
The ones that run the restaurant down the road in the strip mall, or the ones that ride horses and wear feathers in their head bands?
So it's very possible that PR will probably come out before the open Monday?
Why aren't we getting more of a run up with anticipated news only a day away. I would think that "buy on rumor sell on news" would be rearing it's head here with a bit more gusto.Then again we don't have the help of the penny sites pumping this like we did back in June 06'. JMO.
O.T. Would you please take your personal bullshit to PM.The rest of the board cares very little about who pissed off who and for what reason.At least when you were constantly pissing and moaning about the Co.etc. etc, it was somewhat on topic, this is not. JMO.
It would be nice going into April with a base of let's say .03 instead of .02 or sub.02.Another thing that doesn't help is board members coming up with ridiculous pps figures.I will stick to my guns and say that if we can get to .05 and sustain that, as far as I'm concerned we're doing good. JMO.
The gradual climb w/o news is encouraging.The one thing I don't want to see is a one day "pop" and then back to levels we've been experiencing for months.If there is going to be any continual upward trend it should be once the investing community see's that the Co. has $$$$ to proceed with.I realize that flippers and day traders will always be a part of the mix, but with the potential that this Co. has I would hope an orderly pps increas will be sustained.Once the loan news is finalized it will be very important that the Co.keep investors aware of what is taking place in Nigeria so that interest is not lost thru-out the months leading up to the factory opening. JMO.
Any thoughts on an end of the day push..022 possibly??????
driftercrc, I understand what you are saying.Once again bigd did emphatically state that the news would be out by Thursday at the latest.I'm sure alot of that is overly enthusiastic optimism on his part, which is not at all a bad thing. We can only remember though the last time he set a date and events did not materialize. JMO.
Once this breaks .02, what are the major resistance points that we will encounter to let's say .05. Thanks.