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Seems urbanbarns.net had a few changes made to it since the last time I checked it out. Looks great! Robyn informed me yesterday "there will be a press release over the next few days" and he will "also do an update on the website." When I contacted him a month ago, he informed me that their goal for having funding secured is February 8th, so secured funding may be in the PR. Excited to see what is in store!
The cross trade was odd. If Shea was wanting to dilute, we would sell directly into open market at the bid. There wouldn't be a need for a cross trade. Can anyone think of some reason, other than dilution, why a massive cross trade would go through so low?
I agree, it just needs a little kick starter and it will be off. Quick 200-300% gain to whoever buys up the rest of the .0003s and .0004s
I agree. It's sitting right on the brink. Any day now we will see this take off and, in a short length of time, become a multi bagger
This thing is so thin. Any volume at all will send this thing upwards.
Think of it this way, the higher we get the share price before actual funding news, the higher the price will run after the news. Sounds like some decent progress has been made. Although I am surprised he didn't update on this "cornerstone investor" that has made a "substantial commitment." I thought they would've already received this investors money since the same thing was said a month ago in the last update
I'm thinking we will break 52 week high if we get full funding news. Who knows, we may even see record highs...
That "moving forward" line from Shea has me wanting to add some more .0003s!
Thanks again. At least we know we are getting an update of some sort. I'm fairly optimistic due to the fact that he ended his message with "moving forward." Of course, that could mean a bunch of things but I guess we'll just have to wait and see
Thanks for the post DallasInvest. So to clarify, you got a email response from Shea saying he plans on releasing a PR on Tuesday?
They might have wanted to wait until after the long holiday weekend (since the market is closed on Monday.) Tuesday would make a lot of sense for a PR, especially since they are known for Tuesday PRs
From a chart standpoint, this is the exact pattern of the last breakout. The last breakout went like this:
-Bounced between .0001/.0002 for several weeks
-Had an unusual high volume day after three days of zero volume which caused it to spike to .0003
-For four days, it bounced between .0002/.0003 with little to zero volume
-On the fifth day, it began its breakout which peaked at .001
Look familiar....
It'll be our time soon enough. Investors in the quiet times benefit the most during loud times, and this is going to get loud in 2016
You seem knowledgeable in this sector so maybe you could elaborate on the last sentence of your previous post. If Shea receives full funding for the project, why couldn't be get the mine into production in a reasonable amount of time? A lot of the preliminary work already seems to have been taken care of regarding the feasibility and profitability of mining. They figured since the mine is not deep underground and they have easy access to power and other amenities, a good profit is achievable (Shea stated that he expects 5 million profit). Also, they have gathered historical reports and estimated a sizable reserve (of course nothing is confirmed until they run a technical report.) I'm not saying the mine is going to be in production the day after funding is secured but I don't see why they cannot start production within the next 1-2 years.
I've done hours of DD and research on mining and how to spot gold mining frauds on the OTC.. I feel this company does not show any of the warning signs of OTC mining frauds. I feel very confident in my investmet and will continue to hold my shares until I see or hear something that I don't like. I commend that you are exposing scams and fraudulent CEOs, but imo, I don't think this is one of them
This is why it seems completely feasible for production to commence within Shea's two year goal. Of course, all of this depends on recieving full funding
Why do you think it'll take 18-36 months to get to the feasibility stage if they receive funding? Everything is in place to begin working on the technical report and feasibility study except for the funding, which may be announced soon. In November, Shea says the mine will be in production within two years. You're not fooling anyone by suggesting it will take 3 years to even get to the feasibility study
He's literally burning shares lol
Seems Sharky has found the application. Nice find Sharky
I am very optimistic about the year ahead. Once the funding (that is already lined up) is secured, they can go ahead with their aggressive expansion plan. According to Robyn, funding should be in the bank by February 8th. This expansion will implement new growing machines that will drive this years revenue into the million dollar range. Not to mention, they can receive the all important patent at any point. This patent will give them the right to license their excellent technology to other sectors (i.e. the marijuana industry.) The outlook for this company is bright and the possibilities are endless. I believe the longs will be rewarded greatly
Exactly correct. This is going to run one way or another. Its a no brainer to load here
Wow, people should be pouncing on this at these levels
No doubt about that. Once funding news drops, people are going to be wishing they listened to us and loaded these cheapies
Building a nice bid at .0003
Sounds like a plan!
Excellent find!! Thanks for posting! I hadn't caught that when they posted it
Hits at .0004 beginning
ILST is known for pre market press releases, so I would say we hear something either premarket tomorrow or premarket Friday
ILST funding news is imminent. It would be smart to load up on these cheap shares
My best guess as to why this stock moved with no news today is the company received funding and gave insiders a chance to accumulate shares before they released the news to the public. I believe that's why we saw some bigger blocks of trades between 11:00-12:00. This is all IMO
Bid support slowly accumulating at .0003
Yes very possible. I'm hoping by the end of the week
3's will be out in no time
You are right about that! The press release on funding hasn't even come out yet. Imagine where this will go if funding news drops.
#1 on Breakout Boards!!
ILST running today. #1 on breakout boards
That puts us above 100,000,000 volume for today!
#2 on Breakout Boards! Lets get to #1! We all know what ILST is capable of doing. I'm adding on the way up as well
Exploding today! This is only the beginning. Funding news will send this to the moon
Received a response from Robyn to the email I sent him today. Seems to already have funding lined up to pay for expansion!