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The market did not act kindly here... Down to .0052... You think we would have gone up not down. Looks like not enough buyers for the stock that is in the market to sell.
Losing hope in this....selling at these levels do not inspire much hope.
I hope it comes before we hit .001. How long of a play do you think it will be?
do the math... the stock is being sold at sub penny. Look at the volume for this month so far, look at the volume last month, etc.... This week about 600,000 shares was sold, at .007= 4,200.00, that is this week alone. Again who else can afford to sell at these prices? Who could get stock so cheap?
More selling.... I guess this is where it is now... Petty and Company selling....Who else could it be??
Results... I like that!!
Then why is the bid not up? Why is there still selling down here...granted very small amounts...why is there not more volume... Since you think it is going to soar...how high is it going to soar?
Never said you did.... you miss the whole point,. Perhaps you need the glasses..
that point being who can sell at these levels?
selling hmm keywrd....selling.... if it was buying it would be an up day instead of a low day...
buying at low volume and we are at .01...
selling at low volume and we hit new low for year...
Big difference....a word makes... so who can sell at sub penny?
Screaming all right.... The stock is pressured and is being sold at these low levels. If FMNJ sold the last batch of stock at .01 like they claimed. Then they would not be selling at .005 for a 50% loss. The question is who can sell at these levels. Answer?
The stock is still pressured.....no big buying coming in...The only people who can afford to sell here are those that got the stock for next to nothing....
Who can afford to sell at these prices... things that make you go hmmm...
You missed the million plus shares sold that drove the stock down last week,
Who can afford to sell shares at this price??!! The majority was purchased at .01 or higher.
Some one was given very cheap shares to be able to sell at this level.
Is it really cheap?! What would be really cool is once fmnj got producing, that they paid a dividend in gold to its shareholders!! That would make this stock cheap here. Pay them in physical gold, lets say for example for every millions shares a shareholder owned they would get an ounce of gold as a dividend. Have the dividend paid annually. or pay dividends on the production annually. That would actually back our shares with gold and something tangible. Then you would see the price of this stock go up and they would no longer have to dilute that would show us that Petty really does care about us shareholders....I guess he will give guidance on how much gold they are going to be producing.
A video, high volume lower price....Not good!!
Good explanation...Good video..
Be nice to see it above a penny!! be nicer to see it at .05. But where it is now...sucks!!
I guess lets look at the positive of this first run...
A. They sell the one gram of gold, it shows revenues...which is going to be needed for otc stocks as of march....
B. They have mining equipment on site and in the area where it is rich in gold
C. They learned what prolems they need to overcome
I am sure they will make adjustments from the first run and have a much better yield in the 2nd run.
They need to do better!! 1 gram of gold....not good.... I thought they ran test on some of the samples of the tailings...
If the yield was that low, it tells me that the tailings were dirt and that most likely they went into two stages of mining, 1st was to take out the gold that was easily retrievable...then 2nd stage they leached those tailings to recover the fine particles...which means there is no gold to recover in those tailings.. hmm... 1 gram of tailings...
They should ask those cooperatives if they leached those tailings... if they did nothing to recover.... if they did not., then they will most likely need to leach to get the gold out.. The easy gold is gone.
These are tailings from a placer mine not a hard rock mine....
Lets get the gold production numbers!! That copper and lithium is all fine and dandy for companies that have financial capacity and leverage to do such deals. Does FMNJ have any partners or JV's announced that can help them make these realities?
Gold is 1800.00 plus per ounce, they have machines there and operating. Lets focus on the bird in the hand. If they can get their production numbers and build upon them by expanding operations, This stock could recover nicely and be a .10 stock and build from there. Then they can talk about pipe dreams. How much money was wasted on lithium? The money spent on that could have probably bought another machine for placer mining Better to cash flow first and then see what the business can do...
So close...don't phuck it up!!
They need to keep their eye on the ball and focus!!
A very big red day! Who has stock to sell at these prices?
I was hoping we would be at .09 not .009.
Ugh :(
You would think...but that probably means that you have more then one seller.and they are competing against each other to sell their stock.
if you seen 500,000 shares go at that price that is only 5,000.00. Not much for a couple of weeks.
Now if we can get some upward movement on the price!!
Copy and paste....Not a subscriber.... or leave the link...
Depends on what they release and if they have any PR behind it... If you look like what they have done the past 1 1/2 --- probably .03-..05
They made a statement that they had an auditing firm on twitter in August, PKF.
The results would be a material event to the company and would have to be made public
hmm and yet someone is selling at sub penny...thing that make you go hmmm.
Yeah!! The other item is to get the sales pressure off.... funny thing,. the stock cant get any momentum. Cant get past a penny. Seems like 2-3 sellers are constantly underbidding each other....ugh...who can sell a penny and under?
The company should tell us what they can do per day! Estimated gold production from both machines. Both machines should be on site already. The copy of the gold production from the cooperatives books should also be utilized for confirmation of gold production. They also should advise us the contracts that were made on the gold profits distribution, I do not see anything in regards to those contracts in their financials. Those are material events to the company and should be included in public disclosure.
Need some solid good news to come out. It looks like this cant stay above a penny. I thought this would be at least .04, considering its fully reporting as a pink.
Better volume today...to bad we could not get into the mid 1's.
what is needed is major volume to come in for many multiple days with disciplined selling. To bad these stock clubs are not in this. Could be a sweet ride if this stock caught their interest.
and yet we are down for the day.... need to get more buyers then sellers...to get the price back up...
Still did not get above a penny after his announcements on Twitter... disheartening...thought it would start to see some volume and get some price traction....
It would be great if this stock would get back to the .02-.03 range again. The company is pink and current!! Should be in the .02-.03 range. Not sub penny. Hopefully they get some good news happening that brings in real buying power.