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"an independent oil and gas exploration and production company with significant assets in the Gulf of Guinea"
ERHE is a production company, with significant assets.
SGCP has no financial reports, O/S shares and insiders holding information to check, except some testing results.
No one knows it's pps is under or overvalued.
I don't feel comfortable as a company just selling shares without telling shareholder some detailed financial situations.
The photo is "Zhejiang Tianyuan Bio-pharmaceutical Co., Ltd. (ZTBP) which is different from Zhejiang Tianyuan biotech Co, Ltd.(ZTBC)
ZTBC was formed as JV 65% owned by CBPC nad 35% owned by ZTBP.
ZTBP is a manufacturer with R&D dept. for vaccine development and production.
ZTBC's function only for sales and distribution of vaccine.
CBPC owns nothing in ZTBP. IMO
How many shares are you holding? I got 0.65M shares averaged down from 0.12.
I am wondering why pps couldn't be lifted up with such good news. Some big holders keep dumping, they don't buy the stories. I really hope those shraes were not from insiders.
Looks like you guys found no gold so far, get a metal detector please.
Is this the guy who arranged that 3m CD which caused millions of shares converted at such low price then dumped to the market?
The warrant holders can get much cheaper at 0.03 from the open market, why they want to exercise their warrants at 0.4 or 0.3?
I like this figure, but it looks like too good to be true. Please enlight us how you got this number? thanks
As soon as the company starts to sell the gold in 2nd quarter 08, PPS will go north with no return. Gold price will be 850 and keep going up with our pps together. Just wait another 4 to 5 months. good luck to all.
There will be some sales and incomes in 2nd quarter of 08. PPS should go up higher at that time. I can wait few months. Thanks
Someone just keeps dumping at 0.015 instead of letting the pps go up. Why?
What will be the pps before extraction in sping 08? Hope it can reach 0.1, at that time gold price should reach 850 to 900.
Any guess?
Someone treats sgcp as worthless stock and keeps dumping. Yeah, now it's really worthless sitting at 0.011.
CBPC announced 07's revenue would be around 10M to 13M. I am waiting for the results.
Has it more space for dumping? Isn't the gold price reaching $800/ounce?
How can the PPS go up without production and sales? Although company announced enough positive sampling results which caused the pps dropped from 0.25 to 0.0135, someone still dumped millions of shares at such low price. why?
This is more like a dumping site instead of gold field.
What a news! made 4M volume and won't lift any price.
Did anyone call SEC for final results of the investigation?
If nothing was wrong, the PPS should be bounced back up $2.00 at least.
If SEC found something wrong, they should have announced this morning.
MM has done the great job due to huge sell from the company.
Please let company address all the questions. Let all doubts put into news or company's website. This is not a professional way to release any company info which makes me worry deeper.
CBPC Founding investors include UTStarcom, Softbank, Mac Wireless, Pacific Century Fund and the Company’s key executives.
3M CD means nothing for them.
Someone mentioned that Peter Wang is a rich man, and I checked that Softbank invested in this company as well.
This 3m CD is small case for them, I just don't undertand why CBPC need this 3M CD and let 13 investors involved.
If insiders still hold 50% + shares, yes, they will have no R/S.
If insiders hold only 10% or less shares, why not a R/S?
Within 9 mos or so, O/S increased from 79M to 110M.
Looks like they were selling shares so fast.
Please ask them, how many more shares are they going to sell? As most shares are held by outsiders, then it's about time to R/S. Am I right?
Yeah, CXTI deals with all different levels of China government, cities, provinces, counties for years. You said China government let CXTI issue many fake contracts without doing any actions? You meant China government is involved as well to make it as a scam.
How low it will go now? 0.01, or subpenny.
Where did those 30415 shares come from? I thought it was halted.
What is going on? no transactions.
Maybe Peter Wang is the CD holder, or the majority of the CD holders. Looks like he is rich enough to loan his own money to company.
There was an AH transaction, 0.67M shares at 0.0213.
why at 0.0213?
Will it go back to NASDAQ soon?
Or maybe sgcp tries to drill some oil wells.
"plans to do more extensive surface sampling. Pending favourable results, a drilling program will be implemented."
What is drilling program? why not an excavation program?
Drilling holes for more sampling?
SGCP only holds 40 sq/km rights, Why do they need to dig so many holes for sampling? still digging. no production.
Up to date, there is no information regarding the funding, the drilling schedule except endless sampling tests. At this price level, why does someone still want to dump a lot of shares?
If those restricted shareholders dumped some shares, who is going to regulate them? This is a pinkie. They don't need to file anything to SEC, Am I right?
Thanks for the info. This should be no kidding. Otherwise, those state owned cmpanies won't get involved. Will ERHE get some interests in that area as well?
Most likely it is. Otherwise, those who sold at this level make no sense at all. Al least the volume should be getting less and less. Does anyone see the volume after hour? any opinion?