buys stock in bulk! Stock up and save!
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L2 on SUGO looks VERY thin. Closing of the $15 Million Finance over the next few days could make this be a 10+ bagger IMO.
Anyone notice how thin Level 2 looks?
Less than 50,000 shares shown between the current price and $.05. (obviously, there are more)...but it's good to see VFIN higher at $.05+ on the Ask.
Some heavy hitters on the bid side. 250,000 at $.011 and another 200,000+ order just under UBSS's $.015. When the right moment comes along its attack mode.
$38-39 would be a good entry IMO.
Absolutely.
We should end above $34 for the day. Expect an EoD rally and then tomorrow to close $34.50ish.
Almost every single month for the last year has ended on an UPSWING!
I think we'll all look back on SUGO with 20/20 vision a year from now and say, "Yes, they put out in plain english everything they were going to do and they did it."
SUGO's PRs are showing an obvious path this is going to take. No PR pumps and no paid promoters. Still the stock has good volume and has the ability to have HUGE days, weeks, and months ahead.
If corn goes much lower it's going to be a HUGE buy!
I remember a few people pumped Microsoft in the 1980s. Oops? I guess that was a horrible investment.
NEWS and RESULTS don't lie. People do. SUGO gets financing and starts drilling to show exactly what is under foot and we'll have a mountain of gold. It will be up to whomever SUGO sells it to, to figure out how to get it out.
Absofreakinglutely :)
Picked up a couple more this week ;D
They got to get Pinocchio off the air.
Still my favorite was when college kids were asked what their GPA was. Answer 3.8 ...Okay, would you be willing to sign a petition to give 1.0 of your GPA to someone who only has a 2.0 GPA. NO! ...why not? Because I earned it! Okay, so why do you think redistribution of wealth is valid. The kids just get the most bewildered look on their face.
No one has been paid or given shares from SUGO to promote the company. You guys are hilarious.
Reasons to not buy SUGO? Gold was once $30/ounce! Or, my other favorite...well, they'll only end up with about $12 Million, not the $15 Million.
Gold is $1500+ per ounce and its only a few hundred dollars to pull it out per ounce. SUGO is going to be on fire once they start drilling.
Don't let these guys talk you out of making a choice. Clearly, SUGO is getting a lot of money (more than twice the money) it needs to start drilling. And, there has NOT been any issue with drilling.
Yep. Was obvious it was going to move one way huge. Would not be surprised to see it close above $34 today. Question is will it go higher or lower tomorrow. I'm looking for maybe $34.50 tomorrow if we close at $33.75-34.00 today.
A straddle is the best option play here...Its going to move huge. I say to the upside, some say to the downside...one thing Silver will move more than 2% tomorrow IMO.
Think there are any Chinese that speak Greek? They have money to bail them out.
LNDC has a PE of 31.25. Not looking for it to top $6.50 anytime soon...hope I'm wrong. But, it's close to the top of it's trading range.
The closing cost (or basically prepaid interest) is taken off the loan amount. So it will probably be closer to $12 Million. But, they really only need $6 Million to do the feasibility study.
Just got to let the bids build.
No stock is involved in the financing.
Hey...I bought them on Thursday :(
No big deal, I bought mostly at $.05. SUGO can and IMO will move substantially past that point when the money comes in and they use a few $'s to buy this back. Just hang out on the bid and take what you can :)
Absolutely no reason for anyone to sell when the prize is so close.
We all know what is going on here...the short is on, but the game is almost over. Funding comes in and we'll see a HUGE buy here.
It's alive! :)
Not expecting VM to do DD. He doesn't own stock. Glad you talked to Quest. Made me want to talk to them. I talked to Quest and had a brief, but very positive conversation. IMO, SUGO deal is done. Quest convinced me they did a lot of DD on SUGO, the property, and are bullish on SUGO's future.
Whatever happens tomorrow SILVER will move huge ;)
Greece passes the budget and SILVER and the EURO rebound huge ;)
Straddle! :)
Looks like the financing is about done. Probably just waiting for money to be wired in :)
Greece and the Euro bounce back starting tomorrow...Should give SILVER a huge boost.
SUGO will be sold within 2 years IMO.
The only way you are going to stop SUGO is to push the price of gold down to $300/ounce.
The jig is up!
I think SUGO knows what it can do. Getting financing to do it :)
SUGO has a pretty good idea that this could one of the largest gold mines in the world!
In total, how many drill holes have been done in Conglomerate Mesa?
There have already been over 80 holes punched in Conglomerate Mesa with the total amount of drilling in excess of 10,000 feet
Can't wait to see this on the AMEX, NASDAQ, AIM, or TSX. :)
Financials should be out middle of July. :D
HAHA! Even using your numbers there is still an extra $5 Million...a few hundred thousand dollars to pay Asher and close out of that financing and enough cash to buy a few hundred thousand dollars of stock back...and lower the issue/outstanding by another 10-20 million :P
The $15 Million loan actually OVERFUNDS SUGO :)
....They say that the Feasibility Study is only about $5.5-7 Million. Why not spend a little money on a buy back :P
Covering is close here...
Yesterday 366k shares got shorted. I'm sure most of today's volume was short. SUGO gets money in the bank and the short gets forced to cover. IMO its going to run like mutha :)
We'll still see 2-3 Million Shares today.
Symbol|ShortVolume|ShortExemptVolume|TotalVolume|Market
SUGO|366800|0|1222500|O
Funding should carry some sort of share buy back IMO.