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News: Supatcha Resources Analyzing Recent Market Activity
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DENVER, Dec. 6, 2010 /PRNewswire/ -- Supatcha Resources Inc. (OTC Bulletin Board:SAEI.ob - News) ("Supatcha" or the "Company") announced today that it has no explanation for the recent volatility in the trading of the Company's shares. However, management is determined to find the cause of this unusual trading activity by every corporate and legal means available to the Company. Supatcha is committed to taking action immediately to ensure that there is a fair and open market for the trading of the Company's shares to protect the interests of current and future shareholders.
Additionally, Supatcha management has been informed that the release of its 43-101 report has been temporarily delayed due to the logistics of the property audit and sign-off protocols required. The Company expects the report to be available by the end of the week and highly anticipates the release of the property details to the public.
About Supatcha Resources Inc. (OTCBB:SAEI.ob - News)
Supatcha Resources Inc. is a gold exploration company focused on acquiring and developing mineral properties in Ukraine. Supatcha is in the final stages of acquiring two additional gold mining projects, with world-class potential, in southwestern Ukraine.
Notice Regarding Forward Looking Statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the last reported fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
try to get shares now that they scooped up 1-million on one buy. sorry to those who faulted.
look at that. 1-million buys at .4.
rofl look at all those guys that got duped.
they sold you down to .from .6....and they just bought ALL THOSE SOLD SHARES at under .4
still holding. imo, shake is because someone wants cheap shares due to big news.
looks like it might be setting up for a big power hour
lol @ sell triggers. that's way too early to sell. gonna be chasing this in to multi-dollar land soon :)
Here here. Also been here the whole time.
Could you also add me to your email list? Jonbao@gmail.com
No tax refunds this year, boys and girls.
Get ready to pay uncle sam a chunk :P
rofl i did the same thing only at .038... was stoked on the quick 4 bagger.....to think it could have been a 50 bagger today...100 bagger next week.... I could have bought neighborhoods!
Pullback? You mean walk sideways? :P
Sellers will definitely be sorry.
Take it from me, who had shares at .01 ... I'm now at .27 (lol) .. holding til dollars :P
GOOD MORNING!
Shouldn't make statements like this without calling in to check what the new float is. Same float = not buying back yet.
Secondly, imo, the volume is strictly from interest in the stock with the announcement of buyback, n1, and other items of interest.
Lunch shake!! hold on to your shares or buy them higher after lunch :P
lol someone's trying to push for a neutral close. definitely won't happen.
get ready to paint that close :)
this stock is gonna be incredible when they start buying back and making the already tiny float SMALLER.
still in for the long :)
still here :)
someone REALLY wants this to go down.
still here!
just checking in :P
where is the tank warning coming from?
exactly what i was trying to say.
i'm not worried. i'm not looking to make hundreds of thousands by weeks end or even end of month. this is a good long play.
when they start reporting the barrels of gold they are bringing in, we'll be in good shape. they didn't sell their company to a bigger company because they know that the gold under their feet is worth more than a buyout.
holding on tight here.
all these dudes selling are just wanting the glamor of being a day trader. longs here will do fine. day traders will get burned.
because the inflation and drop are from "day traders" coming in and dropping out scared because of the MMs (which are essentially day traders with a larger bank roll).
The thing about saeie is it might not be this week or next (but according to last week's PR, the "E" will be dropped this week), but we have a mine here with real gold at a point where gold is at an all time high. It takes time to mine, extract, etc but a lot of the buyers here are trying to make a quick flip (whether they tell you so or not).
I was in at .01 ... flipped for a profit because it inflated with no news and pure attention, and now i'm in a bad play because i thought it would keep running. However, i'm not worried about it because once we are out of the test phases and actually start mining, there won't be enough shares to hop on if you wanted to spend dollars per share.
i'm still here as a long as well. been here since .01 .. got out with a small profit not realizing how small the float actually was. got back in towards the high and holding strong.
Could you explain what this means more?
Wait...what? There's definitely a chance. This particular stock moves very quickly due to thin float. Small buys and sales at ask can flux half a cent.
ETMM just sold for UNDER THE BID ... obvious manipulation. Get your buys ready for powerhour.
that's what i'm saying. the guy posted about not getting shares over the bid. i figured it was an easy answer.
because you're not hitting the ask. hands holding this are steady. gotta hit the mm ask if you want shares.
Let's close this GREEN today. If it closes green, tomorrow will be a very very good day. Remember, GOLD
look at the MMs trying to force it to not peek through to 10cents.
4 lined up from .0996 to .099
SAEIE Ready to run again
just threw what i have left at the ask. im out of free money and holding.
wow thats a small o/s at 24.3mil shares....float has to be ridiculously tiny.
if you're gonna sell - sell at the ask...although i don't know why you guys are selling considering we're trying to get this back to dimes land.
to bring to saeie***
you animals. haha. i'm gonna free up some cash.
good morning saeie
we expected the drop this morning - the bad day yesterday scared a lot of loose hands. we rallying today or what?