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hey don't yell at me or did you leave your caps on, on accident.
OG
Impact, do you know if they are planning on drilling or just exploration once they get the actual reserve count will they be selling to a big mining outfit.
OG
I was really hoping TGTL's prediction would coem true but alas it didn't. so what's the next prediction.
OG
Handgun, why don't you fix up the ibox do you need help?
OG
Impact, wasup are you in on this one 2. What are your feelings about Gemini?
So you say they have over 3mil oz/au hhmmm interesting. Do you know if they are planning on confirming this and then selling to major gold producer like TAO is? I'm only looking at this because it's being represented by SeacoveIR. i'm also taking a look at EVCC and deep well oil.
OG
I still don't think it's going up until it goes to .20 it's doing the same thing TAO did when it came on the scene. BTW i have about 18k in TAO just for flipping and the majority for the long run that i won't touch.
why wouldn't i be upset if you had a chance to pick up more shares but missed wouldn't you be upset. duh
OG
Watchlist shows 72% buying we could be gearing up for another run here. maybe increase in volume in anticipation of news maybe after hours?
OG
Less than 24 hours to go for TGTL's prediction of 7:00am may 23rd
let's do it.
OG
I wouldn't think their is to much of that especially with our low O/S. I have a theory as to why this jump happened. Don't worry about me i'm just having fun until i get rich. I'm still as confident as ever. I'm getting frustrated at my other stocks. Because i'm counting on them to jump in PPS so i can use those funds to buy more TAO.
OG
I think the part that upsets me is i thought about flipping 20k shares when it dropped to .28 but in my heart i thought this is it all systems are a go.
The only way i'll stick a fork in TAO is when we get bought out at $30.00 PPS that's whent the PHAT lady will sing.
OG
I think this is going to .20
OG
From what i've read in the past it's usually trades that happened during the day but didn't get posted in time before teh bell. Don't know how accurate that is though.
OG
why did honda get the boot from IHUB. His posts are interesting.
OG
What makes you sure this is turning around.
OG
Dang, laying the smackdown. I agree, but i'm just showing my emotions. I don't doubt this is going to 10-30 PPS.
it's just a waiting game now. Let's hope we get a PR this week that will help our situation.
OG
WTF, WTF, WTF
2 days to go till the wednesday prediction of TGTL, 7:00am baby. let's see if this happens.
OG
What the hell, we can't be going back to .10's. come on TAO.
OG
if we finish strong today and in the green we might be making another run soon. Look at the last run it started with 3 small upticks and then it started to run.
OG
*****PR Release*****
Gemini Explorations Inc Presents Letter of Intent to Acquire the Los Chorros Gold Mine
Gemini Explorations Inc, (“Gemini”) (OTCBB:GMXP), is pleased to report that it is has presented a letter of intent to acquire the Los Chorros Mine, a producing gold property in Colombia as announced on May 2, 2007. Minera Primecap Geological Services (MPGS) has been performing the due diligence on this potential acquisition and General Manager, Mr. Juan Restrepo has acted on behalf of Gemini in the negotiation process. MPGS are currently assessing the capital equipment and labor costs to bring this project up to a much higher production rate. Gemini has been allowed 90 days for this assessment period with extension clauses if deemed necessary. The producing gold property presents an excellent low cost opportunity for Gemini to take advantage of the near record high gold bullion prices and provide an internal source of cash flow to fund its ongoing development and exploitation of the La Planada Gold Project.
here we go baby, woke up late today but ready to see .01 today
OG
balls to the wall huh..ouch that must hurt... a reverse tea bag.
OG
Gandi, what do you think? /eom
you know i was feeling a little upset about TAO from the last 2 PR's but i talked to Shawn at IR earlier today in a lengthy conversation, he was able to answer most of my questions the ones he couldn't where for understandable reasons. After the call I felt better and realized the thinking behind the purchase and after reading the latest 10K it all came together IMO. Of course take it for what it's worth someone else could say what a pile of crap i'm done, i'm selling.
Call Seacove to get your questions answered.
Do your DD remember these boards are to help each other out, research but never should be taken as your source to buy/sell. All opinions of what you are doing are welcomed like this one.
if my stock in GBDX hits this week or next i'm loading up on TAO.
OG
Here's my 2 cents of the financials
They would pay for the new mine from their restricted shares. After seeing the financials my opinion still hasn't changed. We all know that this is risky that goes for most stocks out thier. But we also know what rewards are in store if Sikora & Tao can pull this off. The financials sound really negative and the future looks bad. But do you expect them to say thier's a Sh&tload of gold down here in golondrina and their is no doubt in our minds that financing will go through and we have 10mil oz/au in reserves at least. They would be screwed if any of those didn't happen. So that's why their is so many comments like the ones you see on the 10K.
It makes sense to me now why they are planning on purchasing a "producing" mine. This will keep them going on a month to month basis with no need to dilute, Once they do secure financing it'll probably be for less money. so their will be less debt. It will eventually look better for TAO bringing in revenue and you won't see the Nil under income.
The one thing i will say is this has become a longer project IMO, and IMO financing won't happen for another few weeks. (I hope i'm wrong with that one)
I still remain highly upbeat about TAO.
OG
WOW what a read my eyes are bleeding now, i'm buying more.
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001085037%2D07%2D001145%2Etxt&FilePath...
What does this mean...
"Purchase of Significant Equipment
We do not anticipate the purchase or sale of any plant or significant equipment during the next twelve-month period."
OG
wow half way through the 10k, full of negative statements. I'm going to keep reading but i'm scared.
momi
OG
Snnnnnoooooozzzzzzzzzzzeeeeeee fest
Where's the news
OG
That's a very good question, I would like to see an answer to that besides Orangeman.
OG
i'm gonna party like it's 1999, line up the pina colada
s, it's party time.
GBDX is about to hit a homerun.
OG
I hoping this goes sideways for about 1 -2 weeks. I need money.
OG
Impact, why do you think financing has fallen short and taken so long, when do you think it will be complete. Do you still think it TAO will fly to $30.00 PPS. I'm still very hopefull, and hope to increase my position if i can get 100k shares i can sleep good at night.
OG
Let get his stock off the market already, i added a buttload more this morning, i'm ready... cash me in baby.
OG
My thoughts exactly, i am willing to play a little with a small amount of shares.
The 25 million shares reserved are for purchases like this one and for financing and so forth.
I agreed we might see some waves maybe some tsunami's
OG
The last thing TAO needs is to start ... diluting. If that happens we're dead. SO if you put it that way then it's a good move. I'm still pumped about Golondrina and what is underground.
OG
I hope this is the right move the only thing that concerns me is,
1. Are they doing this becuase they can't secure financing.
2. If they are not planning on securing financing is this going to take longer to develop into what will all think it will develop into a $10.00 to $30.00 stock.
3. Do they have to mine for a couple of months on this new mine to get enough funds to buy a drill?
Well, I talked to IR today and they mentioned that the majority of investors that had called where happy with this new development. They have no specifics about the mine itself as far as output, grade and reserves. If you look at GMXP another junior that Seacove represents they are doing the same thing. They are purchasing another mine to finance their main project. When i asked IR if this means that they're not going after financing any more, they said this would help in the negotiation since they could show that they have revenue and could give them a better barganing price.
IMO, I was hoping to quit working by august but my gut feeling says it might take longer, which is fine but i'll have to see what happens with the next couple of releases to see what the new time frame is.
I'm still holding for the big payout.
OG
here's the plan someone put a sell in (small one 100shares) at .21, someone else put in a buy at .21, once that fills do the same at .23, then .25 then .28, we'll move this stock on our own.
On the way up from .08 i put in small buys at .115 when it was at .10 and then .125 wehn it was at .115. it loked like it helped.
OG
Impact, what do you make of this latest PR? Do you still think your ealrier predictions will come through
OG
We probably won't know much about it until the next PR.
OG