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tommy.....that was part of the last 8k filled 11/24.....its important to everyone considering in buying to read all of it carefully.....do your own dd.....thoughts are we have a few days left before the management makes its announcment on the sale of its assets
The Company’s Management is not prepared to comment at this time on its chances of securing a buyer for either of the “Bouse” or “South
Copperstone” Gold Exploration Properties, or both; but is prepared to state that it is not an unlikely possibility at this point, with the price of
Gold trading at all time record highs at this date.
The Company financial situation in the 2009 year rendered the Company’s Management incapable of employing personnel to interact with its
stockholders and to produce costly announcements and other reporting to its stockholders. This has led to extreme negativity and hostility
towards the Company and its Management in the financial community. This is a situation which the Company’s Management would like to see
rectified in the near future.
Management of the Company is not prepared to disclose as to what price it is seeking for the Company’s interests in the “Bouse” or “South
Copperstone” Gold Exploration Properties; nor the provision of any disclosure whatsoever as to the sale terms and conditions which it would
be prepared to accept from any buyer of these Interests. The Company’s Management is of the opinion that Disclosure of this information
would not be in the interest of the Company’s stockholders at this time. Should these circumstances change, Company Management will issue
some guidance to its stockholders in respect of the pricing of these proposed transactions.
Management wishes to stress that there is no guarantee that a suitable and qualified buyer for either “Bouse” or “South Copperstone” will be
found and that the price of Gold is extremely volatile and may not continue to trade at these current high levels and that Gold prices could drop
in value very rapidly in the immediate to near term.
Management of the Company does not wish to; and is in no position to comment on the value of its interest in either the “Bouse” or “South
Copperstone” Gold Exploration Property interests, at this time.
The amount of US$4,285,855.65 (Four million two hundred and eighty five thousand eight hundred and fifty five dollars and sixty five cents)
owed to Loan Note Holders (as detailed in this Filing, plus accrued interest on these Loan Notes) and to other Creditors; will be required to be
deducted from the proceeds of the sale of the Company’s interests in the two Gold Properties.
It is possible that the Company may be successful in settling part or all of the various outstanding Loan Notes into shares of the Company’s
Stock. In this event, the amount of shares outstanding will be substantially increased; this could result in a reduced value per share of the
Company’s Common Stock.
Management of the Company wishes to stress that any and all published and previous valuations of these Gold Exploration Properties should
not in any way imply a current value of these Gold Exploration Properties. These previously published and stated valuations of these Gold
Exploration Properties may well be very significantly lower than previously quoted. These valuations were based solely upon transactions with
third parties which were not concluded by the Company.
ageed........we all have questions, and hope they will be answered soon....glty
newtrader......if you know the answers to your own questions,or have something to say in regards....then tell this board.....i'm all ears for 1
hey mike.....don't get him started......for once he has some constructive opinions
here here...pris.....go ffgo
it would be nice to see the sec catch a few crooks...just to keep things under control in todays market
or put your shares up for sell at a high price in hopes it will not be filled.......to keep your broker from useing them for a short order
thanks newtrader for supporting my opinion......if jbquote's post is acurate and truthful then there is reason to believe that ffgo is being nss and good evidance for the sec to react
its amazing that we are even here on xmas day posting our thoughts on speculation.....and some on facts.....just can't get ffgo out of my mind
thanks...merry christmas to you too
nice tree janice.....merry christmas
sorry i don't buy that.........if the sec found any wrong doing with ffgo's 8k's, even a pr statement filed in a 8k.....the sec would have acted on it very quickly....your good at doing your dd....check it out... PLFM ticker symbol
must say thats where your wrong......i have seen the sec at work on pinkies....plfm for example....i was talking about all the previous 8k's ffgo has filed, not the latest pr.....lol
newtrader...lets just say you are correct on all the dd you have done on ffgo, and ffgo is just making money off the shareholders, lets just say that ffgo has no intentions of keeping to their 8k filings......wouldn't that be a violation to the sec?.....i think if the sec has a chance to catch ffgo in their scheams, now would be the time, not next week, catch them in the act....i believe you should take 30 min. to write an e-mail to the sec and get them started, don't you?
gm everybody...... thanks for your post V #94698....and ID #94692 looks like we are watching the shorts cover and the flippers helping them....soon the whales will surface and take over.....GO FFGO!!!!!!!!
thanks jufel.....great dd
looks like peter will be busy all day (euro time) going over the t/a's report and writing the next 8K
mike....also, i have been in this 1 week before the last r/s, i've heard all the basher's then, i could have sold all my shares in july of 08 and made 18k, but i didn't. i know those that are pestemestic can make you think twice about your investment. just hang in there....when the time comes i'm sure you will make the right dission for yourself
i think the answer to your question is ffgo's wish list in its order and yes they need the t/a's audit report to fill this wish list and file the next 8k
oh by the way.....gm to all and to all a very merry christmas
mike.....i think you would feel a lot better if you read the last 8k (11/24) very carefully ....and yes its always a risk trading pinkys....more then 90% don't make it, there common people trying to start a buisness with little capital
thank you.....well stated
patience is a virtue....:)
you better not V......you need time to heal first....LOL
thanks V
yippy cay yea!!!!!!!
i wonder why :)
thanks tex....thats good news :)
thanks V....i knew i saw it somewhere else:)
thats a good question......i think many here including myself are waiting for the next 8k to find the answer to that question....glty :)
yes.....it is from the 11/24 8k filling.....i sugguest that all read it carefully
gm V...i hope your dr appot yesterday went well
to..whom..this..may..concern ............................................................... The Company financial situation in the 2009 year rendered the Company’s Management incapable of employing personnel to interact with its
stockholders and to produce costly announcements and other reporting to its stockholders. This has led to extreme negativity and hostility
towards the Company and its Management in the financial community. This is a situation which the Company’s Management would like to see
rectified in the near future
a shareholder to me means that you hold shares in a company....usually more then a day or even a week
your not a share_____holder....your a daytrader....just bc you buy and trade it in a day doesn't make you a shareholder