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Ray doesn't seem to have timetable that coincides with shareholder urgency. He's aware that shareholders want progress. He is not interested in fluff PR's just manipulate pps. Quarterly report should be coming in the next 2 weeks, Aug 15th or so. Yearly coming in September. I grilled him on progress but he says he's working on permits and bonding for Balt and GB. Call him if you have questions otherwise don't plan on overnight riches or a quick flip. Try and forget about SAGD for a while... This may take a little time.
Nothing Volk has done has been good for the shareholder... Remember the reverse split he did last year???
Waiting to from the states' on how much or how large the bond needs to be. Whether you need that prior to filing is not something I know the answer to. I think you need to have the state review the drilling plan and give an amount based on how much the will be needed to return the land back to its natural state...
So when is the reverse split coming? Maybe I'll wait until after the next R/S and this hits .0001 again to buy in...
He submitted the update yesterday. I imagine it may take a day or so to show up on the site...
This is a speculative play... I can't advocate one way or another. All we can do is DD , only invest what you can afford to lose.
I'm just relaying what I was told. Anybody is free to review all of the filings and talk with Ray. What I could not get Ray to discuss was "size of prize" for the mines... His response garnered my respect... While he could easy float a bogus number or estimate as to the worth of the claims or how much material(prec. metal) he plans to pull out, he won't. It would be speculative and only serve the interests of day traders. He really wants long term shareholders and build value for them. He's not interested in propping up a pps just for the sake of things.
Call Ray direct, he'll be happy to talk with you. Otcmarkets.com has latest share counts as of today...
Ray will never tell you anything that isn't public knowledge... Sit tight, be patient...
- Ray filing for permits pending size of bonds needed... (Baltimore and GB) ***This is a good sign!!
- Asher done converting until October...
- Nevada status should up to date now...
- OTCMarkets.com should have the most up to date A/S and O/S...
- Many T/A's don't release share counts. Some do only via email, some won't release anything.
- Nothing "gagged" just the T/A's policy from what I understand...
Gagged???
Count on it!!!
There is great potential at GB from what I understand from many conversations with Ray... That said, I struggle to find the hurdle that prevents financing from being acquired for GB... especially with the surrounding properties you cite.
I hate to "infer" from the existing data because there is no proof... but... Ray bought these properties(Baltimore and GB) for a reason, he still holds them for a reason. Is there something there that he knows about but is not ready to reveal?
Zari, call Ray yourself.... He currently has zero operating funds to develop anything! His only money comes from Asher... He's having a very difficult time raising any funds.
I'm looking for progress on something that should take no longer than 3 mos and is going a year. Survey/sampling is easy stuff. If he can't deliver the easy stuff the, how is able to continue any operations at all? No one wants a fluff PR, he should be posting real results.
What mining issues? Lack of funds? Ray is not being transparent any longer. Phase 1 analysis of Baltimore and GB are so overdue it's not even funny. He wants to get another claim!!! He needs to focus on mining his most valuable claim put everything else aside. Why dilute the stock and pick up another claim he's not going to mine??? Losing patience with him big time!
Does AERN fit into any of this?
Does AERN fit into any of this?
Okay, that'll be around the 15th if Ray is on time and he ususally is. Like most companies, filing at the last minute is expected. People claiming "pending" news this week or next is fun to watch since they know nothing and are here for the "ride" only.
What news is pending?
Who says news is coming at any time? Have you spoken to Ray?
And what news would that be?
One would think that good sampling results would bring the dough... or set up a funding vehicle/JV, etc
That's not really that much... $900 worth
Yeah, "Sampling" has been going on for almost a year... Time is up! It doesn't take this long to determine the value... At this point he's playing games.
Merger or Acquisition?
Volk never ceases to amaze!
I don't hold any of this... I did get screwed on another Teresa run shell however...
Exactly!!!
Only connection is Teresa Jackson.
You can add to that list the millions in debt WGAS has...
WGAS "positively" draining the swamp...
What about AERN?
WGAS has no "fundamentals" ... Pairing WGAS and "fundamentals" in a sentence would be an oxymoron.
You're blaming the dilution on a well that was divested 7 months ago??? You're saying the measly little I1 well caused the A/S to skyrocket to 6 Billion??? The I1 well caused Volk to default on the VM loans while he defaulted on I1 deal??? Volk bears zero responsibility for anything is that right??? It's all Mason's fault????
What are they going to use as a shell? Got any hunches?
Well said!!