thinks he has found two 10 baggers......
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When I was there at their open house they were telling people there was approx. a 8-10 week lead time.
not much to say I guess when the price keeps falling
WHAT A CRAPY DAY......ACROSS THE BOARD
I think everyone is out of cash, at least cash they are willing to part with. All of my pennies are down. This sucks.
thats ok, got it off the web. thanks wakl.
wakl,
can you at least give me some background?
do share, please post the link.
received this the other day......
The company is awaiting thre release of the Geological Report. They are a little bit behind the schedule which they layed out in their December 22nd press release. The schedule, while being an accurate representation of the company's plans is not absolute as it is subject to real world events, some delays are possible. I can not speculate on the details of the Eagle Nest project as much of that will flow from the data in the report.
Best regards,
Tom
Tom Scheffler
OTC Connections Inc.
800-723-5030
contact@otcconnections.com
www.otcconnections.com
I e-mailed IR today. Will post my findings. I am a bit concerned about the lack of volume here.........and I dont like this waiting game either.
I bet the next move is a 1000:1 reverse split. This is BS.
NEWS!!!!!!!!!!!!!!!!!!!!!!!
IMWL announces a new platform in both swahili and brail are to come out soon....as soon as they sell some more shares to line their pockets.
BUY....BUY....BUY.......literally.
wakl,
This is all pretty high level stuff, but I would say its fairly accurate. Their facility allows them to build approx. 6-8 units per week. They have a decent amount of installs, about a dozen or so, from what they had posted in their shop. They are currently delivering out about 6-8 weeks per unit. I believe thay have easily a dozen or so,.....maybe more new orders. These have all been for mostly for private use. Alot of people there this past weekend were interested for a unit on their own property. This is NOT where the money is. News is spreading very rapidly across New York State. Several new distributers are being signed up weekly. In fact I would not be surprised if they are all done setting up their sales channel in 30 days. They are targeting specific areas right now, where the cost of electricity is much higher than elsewhere. (it would be an easier and quicker sale here). Look for big name companies who use a ton of electricity to be targeted soon. i.e. wegmans, home depot, target, airports, and so on. I know this is all high level, but I was really impressed. This will NOT be a $0.60 stock in the future, that I would say for sure.
As far as backlog, figure 25K (roughly) per unit sold, times 12 booked orders, is approx 300K. I am sure there are several coals in the fire, and the distrubuters thay have signed up already should be placing orders soon too I would say within the next 30-60 days, it would not surprise me if thay had orders for about 50 units. Could be much different if a big name bits on these too.
anyways...hope this information was useful. This is a REAL company folks....not a BB co that will disappear soon. I will be adding as much as I canas soon as I can.
GO WIND GODS!!!!!!!
david20,
where is the news and all the BIG buying? We need it buddy....c'mon.
It means you were meant for one another. Did you attend the open house? The only thing a was not impressed with was the donuts. LOL.......... GO WIND GODS!!!!!!!!!!!
I attended the open house. Spoke with Mr. Matthews. The one thing that was abvious is they are or have already outgrown their current facility from a manufacturing standpoint. They have plenty of installations and have booked a decent amount of new orders, still waiting to be shipped. They have an aggressive plan to target key areas for immediate sales. The company is still small, but I liked what I saw and heard. I will be loading more when I get some free cash.
I am getting tired of waiting. They need to pump out some news here. This keeps on going down. Not Good IMO.
did anyone else go to the open house yesterday?
This stock is a major POS
BigBoyz....I dont believe they need to be above a specific share price, but they do need to be current with all of their SEC filings. The SEC has specific criteria each company needs to meet in order to get off the pinks and move to the BB. From the BB to lets say NASD, there is a specific share price requirement of $4.00 for a specific period of time.
I already loaded in the high 0.02's, thought that was the bottom, apparently not. David20...what are you expectations over the next 2 months? thanks in advance.
rebeccaha....what are your thoughts here on this?
david20.......how do you know this, or are you just speculating here?
MAYBE SOMEONE CAN CALL AND REQUEST BACON WRAPPED SCALLOPS?
I think it will be very informative and worth the trip. How often does an opportunity like this present itself? All the players will be there, and so will their mobile unit. Did I mention they will have free doughnuts????
sorry....I missed your point. Show up anytime between 10 and 1.
No.....its an open house. I only live 20 minutes north of Geneseo, they said they will have their mobile unit on display, and Gerry Brock will be there with nis new team, as well as IR. They mentioned an installation 5 minutes away from the open house where people can see one installed first hand. Oh....and they have free coffee and doughnuts.
I just called the company and I will be attending this saturday.
wakl....now that was funny.
nice find!
stockmavin.....what do you make of that?
I sure hope so.
Yes....green wold be nice. I thought I was getting a good deal at 0.029. Why is this going down? Who is selling?
must be people are still sleeping
when is this train leaving the station? I am readyand loaded up. Hopefully soon.
Maybe if they installed on at every exit, they would lower the toll costs.
Think they will serve Genny Light?
Did someone say bacon?
This board sure got quiet in the last two weeks. Hoping for some news soon.
an old post from sparrowtech/ uranium hunter......what would make these results any different from what we are expecting? Seems to me they already know there is gold there.
Sparrowtech Resources, Converge Global and Uranium Hunter Announce Results of Additional Independent Sample Testing on Eagle Nest
Sparrowtech Resources, Converge Global and Uranium Hunter Announce Results of Additional Independent Sample Testing on Eagle Nest
TORONTO, ONTARIO -- (Marketwire) -- 08/05/09 -- Sparrowtech Resources, Inc. (PINK SHEETS: SPMC), Converge Global, Inc. (PINK SHEETS: CVRG) and Uranium Hunter Corporation (OTCBB: URHN) are pleased to announce that they have recently received the results of additional independent testing on the Eagle Nest Mining Property Claims AMC294529 and AMC294535 ("Eagle Nest") in La Paz County, Arizona from the Copper State Analytical Lab in Arizona.
Assay Results
The samples consisted of fire assays for gold and silver on pits 1, 2, 3 and the top ridge. The Copper State Analytical Lab also did a base metal analysis of the samples to determine which metals are on the property.
Pit one indicated gold at 1.920 ounces or 59.712 grams per ton. Silver consisted of 0.10 ounces or 3.11 grams per ton.
Pit two indicated gold at 1.406 ounces or 43.727 grams per ton. Silver consisted of 0.06 ounces or 1.86 grams per ton.
Pit three indicated gold at 0.064 ounces or 1.99 grams per ton. Silver consisted of 0.59 ounces or 18.35 grams per ton.
The ridge sample had showings of gold at 0.031 ounces or 0.964 grams per ton with silver at 0.62 ounces or 19.28 grams per ton.
Cornelia Volino, President of Sparrowtech Resources, Inc. stated, "These assay results demonstrate that considerable gold value may be available on Eagle Nest. Therefore, Management is currently planning to send a geologist to Eagle Nest to provide the further evaluation necessary to block the ore body and determine the gold reserves." She further stated, "By surveying the property, identifying additional test sites for cross cut evaluation and securing samples from these cuts, further assays and concentration tests can be completed to assist the geologist in providing the Company with a comprehensive geological report on the property, which will further assist us in determining the feasibility, design and location of a potential operational plant."
About Sparrowtech Resources, Inc. www.sparrowtech.net
Sparrowtech Resources, Inc. is an exploration and resource development company focused on acquiring environmentally conscious mining operations, primarily in North and South America. The Company's leadership team plans to identify unique opportunities to extract gold and other precious metals from previously producing or producing mines and/or establish new discoveries in recognized gold districts. The Company's strategy follows socially responsible production by supporting improved working conditions and modernization techniques that leave little to no carbon footprint.
About Converge Global, Inc. www.convergeglobalinc.com
Converge Global, Inc. is an American-based junior mining company engaged in acquisition, exploration and development of properties containing principally gold as well as other precious metals. Converge Global, Inc. is committed to enhance shareholder value through judicious evaluation of potential gold and other strategic properties, securing the best talent available, investing in and utilizing the latest exploration/mining technologies and placing great emphasis on an efficient, low cost corporate overhead.
About Uranium Hunter Corporation www.uraniumhuntercorp.com
Uranium Hunter Corporation is an exploration company primarily targeting the uranium and precious metal industries in the resource sector. Initially, the Company was founded with the focus of developing a portfolio of quality uranium exploration properties in East Africa. With the recent shift in economic conditions, Management has decided to diversify the Company's interest to include the precious metals industry.
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Sparrowtech Resources, Inc., Converge Global Inc., Uranium Hunter Corporation and members of its respective management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to each management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The respective companies undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contacts:
Sparrowtech Resources, Inc. and Converge Global, Inc.
OTC Connections
(800) 723-5030
contact@otcconnections.com
Uranium Hunter Corporation
Reno J. Calabrigo
President
(416) 915-4257
info@uraniumhuntercorp.com
Source: Marketwire (August 5, 2009 - 9:00 AM EDT)
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I am in.