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the whales are here!!!!!!!chewing at the 2s.....building their position to push up the pps....will we see over a billion shares traded today?.....and will this continue into tomorrow?
they have their priorities.....i imagine leagalities being the first
the management of ffgo is very busy on clearing up a ugly mess on their 8k fillings from mid last year to date....this alone can take some time, as to keep the sec happy....let alone dealing with the sell of its assets or buy out of ffgo....give them the benefit of doubt and a little time
hang in there tex.....you have done a great job on your dd on ffgo and for us shareholders.....study hard and wish you well on your mba
i'm expecting more 2s and 3s tomorrow and 4s and 5s wed depending on volume and news on the price of gold....from what i see on the charts
todays dollar volume was over $100k
If you listen real hard to FFGO this may be the sound you hear;
so can the whales.....to cover there cost as they push up the pps and to multiply there gains
paunch......the 381m sells were at .0002....click on the trade botton at the top
sell vol is over 381m .....buy vol over 45m
thanks V for your dd and hard work on the ibox
there not misleading.....just misdirected at ffgo
well said:)
ok pris.....just want to thank our moderators for keeping ffgo current on ibox.....i keep getting deleted:(
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43997494
i hope this can clear up the confusion
good point of view and well taken......go ffgo!!!!
sorry tex ....just got on....did'nt get a chance to follow moby d....i do feel that the next few weeks will be great to watch ffgo run
you go tex!!!!!hit em and hit em hard:)
hi pris
i had and have a feeling that today and tomorrow will give us a good idea of ffgo's fate...thumbs up and glta
hi tex
what going on?......have you had a chance to absorb this e-mail alert bellow?
VALUE OF FFGO'S SHARES:
The information below was taken from an email sent to FFGO shareholders on 11/29/09. Refer to the Sticky Notes on the board to read the email in its entirety.
GUIDELINES AS TO THE VALUE OF YOUR COMPANY’S SHARES OF COMMON STOCK:
While bearing in mind our statements in the above paragraph, we realize that some sort of guidelines insofar as potential valuations of your Company’s price per share of Common Stock; are required and indeed demanded, by our stockholders.
What your Company’s Management is presently able to state is that: “We are NOT PREPARED, under any circumstances, to entertain an Offer for your Company’s interests in these two Gold Properties for an amount of less than US$100 million.”
THAT IS NOT TO SAY that we believe that your Company’s interests in these two Gold Properties are not worth more than US$100 million. We are very aware of historical valuations and the Geological Reports that are publicly available and which were prepared at very considerably lower Gold prices than Gold’s current trading price of nearly US$1,200/oz.
We are also not prepared to state that your Company’s interests in these two Gold Properties are worth an amount of US$700 million, a valuation which a very large number of our stockholders appear to embrace at this time. That would be foolish, misleading and unworthy of your Company’s Management. Your Company’s Management wishes to remind stockholders that circa 25% of your Company’s interest in the “Bouse” Gold Property were utilized to fund a substantial repurchase of your Company’s shares of Common Stock; leaving your Company with an interest of 23.22% of the “Bouse” Gold Property. That alone, reduced your Company’s value of its Gold Interests but did result in a reduction of 50% of the number of outstanding shares of your Company’s shares of Common Stock.
Based upon the number of outstanding shares of your Company’s Common Stock being in the amount of 31,562,377,817 (Before proposed cancellations of an additional 3,000,000,000 restricted shares of your Company’s Common Stock issued to two former Consultants to your Company); with your Company’s Closing Stock Price on Friday November 27, 2009 being in the amount of US$0.0002 per share of Common Stock; your Company’s Market Capitalization is currently in the amount of US$6,312,475.
If the hypothetical US$100 million is received from the sale of your Company’s interests in the two Gold Mines (as stated in this Paragraph), after the deduction of approximately US$5 million outstanding to Loan Note Holders; this places a Market Capitalization on your Company of US$95 million compared to its current Market Capitalization of US$6,312,475. The hypothetical valuation of each share of the Company’s Common Stock would then be US$0.003 compared to its current trading price of US$0.0002 per share.
Should the value of your Company’s interests in the two Gold Properties be greater than the hypothetical US$100 million; the value per share of your Company’s Common Stock would be proportionately higher. Those calculations, are for stockholders or other interested parties, to calculate; and should be based solely upon their own due diligence and research into the value of these two Gold Properties.
A NOTE OF CAUTION : The Company does owe an amount of approximately US$5 million (with Accrued Interest) to various Loan Note Holders (As detailed in the Form 8-K Filing). We cautioned stockholders, and we caution stockholders again, that in order to settle these Loan Notes, the preferred route for the Company is to settle these in full and from the proceeds of the sale of the Company’s interests in the two Gold Properties. Nevertheless, the Loan Note Holders could request that your Company exchange restricted shares of your Company’s Common Stock for all or part of their Loan Notes. If agreed to by your Company, this would result in an increased amount of your Company’s Common Stock and dilution of the existing stockholders. No Loan Note Holders have at this time, indicated any willingness whatsoever to consider exchanging any or all of their Loan Notes into shares of your Company’s Common Stock.
FURTHER NOTE OF CAUTION: Your Company may not be successful in finding a buyer for your Company’s interests in the two Gold Properties. Your Company’s Management is prepared to state on record that this is extremely unlikely.
These calculations are provided as guidelines only and are not in any way a recommendation by your Company’s Management in providing any guidance to you in your investment decisions when dealing in your shares of the Company’s Common Stock.
*These cautionary notes are provided for the protection of our Stockholders and any new Investors in our Company. Your Company’s Management considers it imperative to make all stockholders aware of potential risks before making investment decisions or dealing in the Company’s shares of Common Stock.
glta.......i have to rush and see my mother, looks like she won't make it....have to pick up my 2 sisters and drive over night, hope we get there before her times up...
i see volume is a bit down today and the pps is going no where......i wounder if lumb is setting up the flippers and shortys.....i bet we will know for sure by the end of the week when most of the news comes out....this is quite different then last year and this time lumb has put himself on a limb with all this exposure.....i'm confident that this is the real thing this time around
LOL!!!!!!!!!!!!!!your killing me pris....LOL!!!!!!!!!
hope everything goes good with your appt
geeee....i wounder who bought millions of share's at .0004 this morning..:):)
thanks tex.....master dd:)
your guess is as good or better then mine:)
good resistance at this level
lol!!!!!!!i wish....maybe soon
dilution?.....who do you think bought most of the 3s on friday
ty for correcting my spelling
sorry.....i'm not talking about a companys pr.......maybe i should have used the word exposer
LOL!!!!!!!
the fact is the power of the internet.....how it informs people
like i said before 6 days of trading.....1 down....5 to go....wed will be the mid.....lets see what happens by wed.
the fact remains.....and nobody can change that
marketwatch isn't big?......type it on to google look for yourself before you speak
check out the free pr on the internet....type in ffgo stock on goggle.......talk about attention.....looks to me the planet will know about ffgo by tomorrow......volume?....through the roof...gap?.....like i will never have seen sence i been trading!!!!the skies the limit and i think all of us will need some smelling salt.....gtla....cheers!!!
i know....we are all anxious here....like a kid waiting to open our xmas presents....thanks, you tex, v, and pris have helped me to see the light in the stakes with ffgo