buys stock in bulk! Stock up and save!
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Talked to Dan...he said the presentation he put up had a lot of downloads...so, he paid to have the bandwidth increased 100x+, website will be up tomorrow.
Guess it's a good thing...people are actually looking at the website. We've never crashed it before...more investors, more bandwidth needed :)
If the market turns around next week and LNDC can get past $6.12...still have my open buy stop at $6.13
When the market tanks this much in one week...there is nothing else to do other than crack open a beer and say screw it. :)
I don't think it can go down again next week, but you know...it probably will.
Last few weeks we've seen some late Friday buying...would like to continue that trend.
Will be glad when Dallas seals the deal. I grew up with a lot of players playing all (or at least most of their careers with one team, one city). Will be glad if this 'experiment' of players with power trying to form super teams does nothing more than fails.
A little volume before the close would be a bit inspiring for Monday.
What is the most accurate float total? My guess the float comes down maybe 500k-1million.
I am willing to bet 'some' shares come out of the float.
Ihub needs a 'dislike' button :P
LOL...I like him there.
Still think GRSR could warrant at least a $25-35 Million Market Cap.
WK could lock up PK's shares if he really wanted to.
LOL, rooting for Dallas too...
Mark Cuban is still better than LeBron James Experiment.g
I bet we see a busy summer with a lot of news here.
Don't laugh, but what do you think of COW (the livestock index)
Idzi, I think this is a serious trade for 10-15% :)
People are actually watching it?
Hoping Dallas wins, because I don't want that 'experiment' in Miami to work...for the sake of the game.
Should get really interesting once they start posting their share buy backs and start retiring those shares.
Agree. The buy back has not been priced in the stock. Not even 1/2 of the Current Assets have been priced into the stock. Shareholder Presentation has the Current Asset Value of the company at $.58/share.
WNRC had $533k in NET INCOME for Q1.
Got to read the whole post if you want to comment on it.
WNRC 8 Million Share Buy Back...
Shareholder Presentation on WENR.net website.
38 million shares outstanding (Outstanding Shares is expected to be reduced to 30 million). Should be done in the next month.
Finally a pinkie is getting it done the right way. Not to mention $533k in Net Income for Q1.
Asset Value here is $.58, current price $.25-.28
http://investorshub.advfn.com/boards/board.aspx?board_id=4629
Sungro Minerals Inc. (OTCBB: SUGO)
SUGO is an early stage Mining and Exploration Company seeking to acquire, develop, and manage various mineral properties and resources.
Recently, SUGO reported the completion of all terms and conditions required for closing the acquisition of the previously announced Definitive Agreement for the Conglomerate Mesa Project.
The Conglomerate Mesa Project consists of 341 unpatented lode mining claims covering approximately 6,800 acres (2,750 hectares) in Inyo County, California and is a structurally and stratigraphically controlled, sediment-hosted gold mineralization similar to the “Carlin-type” deposits of north-central Nevada. The property was originally explored by a Fortune 500 corporation while it was within the Cerro Gordo Wilderness Study Area (WSA). Newmont withdrew from Conglomerate Mesa in 1993. Federal agencies dropped the property’s WSA status the following year. The core area of the Conglomerate Mesa property was explored by a second Fortune 500 exploration company in 1995, with eight target zones identified, based partly on surface road cut channel samples. In 1997, BHP conducted a widely-spaced, 10-hole reverse-circulation drill program at Conglomerate Mesa.
The previous work included mapping, surface sampling, and drilling, the results of which are available to SUGO. The work by these companies has produced significant gold values in drill intercepts which are open to expansion, and has also defined several targets which have but not yet been drilled. Initial work by SUGO will focus on these areas of known gold mineralization with the ultimate goal of developing gold resources.
SUGO is taking the necessary steps to complete the NI 43-101 report. All available data from prior operators is now being compiled in preparation for an immediate program of geologic mapping and geochemical sampling to define targets for a drill program planned for 2010.
SUGO has commissioned a review and evaluation of the Property which will be completed by an Independent Registered Professional Geologist, a “Qualified Person” as defined under the Canadian NI 43-101.
One of our consulting geologists stated “The reports from prior exploration company’s suggest the target area could be one of the largest gold deposits in North America”.
Conglomerate Mesa Project
About Sungro Minerals Inc.
Sungro Minerals Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in the United States. It holds interest in the Conglomerate Mesa project, which consists of 341 unpatented lode mining claims covering approximately 6,800 acres in Inyo County, California. The Conglomerate Mesa project is a structurally and stratigraphically controlled sediment-hosted gold system similar to the Carlin-type deposits of north-central Nevada. The company also intends to undertake the completion of a NI-43101 Style Report, which includes previous and new assays of expected gold content and other mineralization.
Visit Sungro Minerals Inc. (SUGO.OB) for more information at http://www.sungrominerals.com
WARWICK, RI--(Marketwire - 05/27/11) - Sungro Minerals, Inc. (OTCQB: SUGO) (Pinksheets:SUGO - News), an Exploration Stage Mining Company, is providing this update to shareholders as a "mid-year" review of activities in connection with our project known as the Conglomerate Mesa.
The release on February 11, 2011 of our long anticipated NI 43-101 report was an important first step in the continuing exploration and development of the Conglomerate Mesa project. Setting a benchmark for both further exploration as well as the foundation for valuation of the mineral resources contained in the claims, the report was also a required starting point for raising the additional capital required to move the project from exploration to "feasibility" or the point where the Company can execute a production plan. In the report, our geologist, Randall Moore, laid out a development budget and timeline for this next important phase.
In March 2011, North American Exploration, Inc. completed the staking and filing of an additional 217 claims on the behalf of the Company around the Conglomerate Mesa project area. These claims "filled in" several gaps in the claim blocks and were an important addition to provide continuity between the various segments of claims. In addition, they represented a 65% increase in land area over the original 331 claims, bringing the total claims to 548. The Company chose to make the necessary investment in these additional claims with the full expectation that the projected results contained in the February NI 43-101 report will extend to these connecting claim blocks and result in a significant increase in future mineral valuation. While on site, North American also completed the required annual stake inspection on a significant portion of our existing claims.
With the initial NI 43-101 report in hand, the Company has been able to work more diligently on raising the funding outlined in the report for the exploration and development program outlined by Mr. Moore. Since the report's issuance, the Company has been working with a number of potential investors, investment groups, strategic partners, and potential joint venture partners. This process is a long one given the amount of funding sought, and the due diligence required prior to closing which is quite extensive given the need to review in depth the conclusions of Mr. Moore in the NI 43-101, explore legal and environmental issues, and analyze the company's business plan. The Company is actively engaged with a number of groups that are well into this process and hopes that announcements should be forthcoming in the near future.
In the interim, the Company has arranged for various bridge financings which have permitted the above work to proceed without interruption.
The Company expects that the second half of its fiscal year will yield even greater results for our shareholders.
About Sungro Minerals, Inc.
Sungro Minerals, Inc. is an early stage Mining and Exploration Company seeking to acquire, develop, and manage various mineral properties and resources.
Cautionary Note to U.S. Investors
This press release may use the terms "measured resources," "indicated resources," "inferred resources," and "historical resources" which are calculated in accordance with the Canadian National Instrument 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum Classification system. The United States Securities and Exchange Commission (the "SEC") does not recognize these terms and the SEC guidelines (Industry Guide 7) provide that such terms shall not be included in a registrant's filings with the SEC (unless required to be disclosed by foreign or state law). The SEC permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an "inferred mineral resource" will ever be upgraded to a higher category. U.S. investors are cautioned not to assume that any part or all of a measured, indicated or inferred resource exists or is economically or legally mineable. U.S. investors are urged to consider closely the disclosure in our Form 10-K which may be secured from us, or from the SEC's website at http://www.sec.gov.
Forward-Looking Statements
This press release and any related calls or discussions may contain forward-looking statements. All statements, other than statements of historical facts, are forward-looking statements. Forward-looking statements include statements about matters such as: future prices and sales of and demand for our products; future industry market conditions; future changes in our exploration activities, production capacity and operations; future exploration, production, operating and overhead costs; recapitalization and balance sheet restructuring activities (including debt-for-equity exchanges, land transactions, capital raising and other activities); operational and management restructuring activities (including implementation of methodologies and changes in the board of directors); future employment and contributions of personnel; tax and interest rates; capital expenditures and their impact on us; nature and timing of restructuring charges and the impact thereof; productivity, business process, rationalization, restructuring, investment, acquisition, consulting, operational, tax, financial and capital projects and initiatives; contingencies; environmental compliance and changes in the regulatory environment; offerings, sales and other actions regarding debt or equity securities; and future working capital, costs, revenues, business opportunities, debt levels, cash flows, margins, earnings and growth.
The words "believe," "expect," "anticipate," "estimate," "project," "plan," "should," "intend," "may," "will," "would," "potential" and similar expressions identify forward-looking statements, but are not the exclusive means of doing so. These statements are based on assumptions and assessments made by our management in light of their experience and their perception of historical and current trends, current conditions, possible future developments and other factors they believe to be appropriate. Forward-looking statements are not guarantees, representations or warranties and are subject to risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those contemplated by such forward-looking statements. Some of those risks and uncertainties include the risk factors set forth in our SEC filings and the following: the current global economic downturn and capital market weakness; the speculative nature of gold or mineral exploration, including risks of diminishing quantities or grades of qualified resources and reserves; operational or technical difficulties in connection with exploration or mining activities; contests over our title to properties; our ability to cure defaults under our current indebtedness; our substantial indebtedness and the impact such indebtedness may have on us; the possibility that our operating performance and operating prospects, and capital market conditions will limit our ability to timely meet our debt service obligations, comply with debt covenants, obtain necessary financing or refinancing or restructure indebtedness or our debt service obligations on acceptable terms or at all; potential dilution to our stockholders from our recapitalization and balance sheet restructuring activities; potential inability to continue to comply with government regulations; adoption of or changes in legislation or regulations adversely affecting our businesses; business opportunities that may be presented to or pursued by us; changes in the United States or other monetary or fiscal policies or regulations in response to the recent capital markets and economic crises; interruptions in our production capabilities due to unexpected equipment failures; fluctuation of prices for gold or certain other commodities (such as silver, copper, diesel fuel, and electricity); changes in generally accepted accounting principles; geopolitical events; potential inability to implement our business strategies; potential inability to grow revenues organically; potential inability to attract and retain key personnel; interruptions in delivery of critical supplies and equipment raw materials due to credit or other limitations imposed by vendors; assertion of claims, lawsuits and proceedings against us; potential inability to maintain an effective system of internal controls over financial reporting; potential inability or failure to timely file periodic reports with the SEC; potential inability to list our securities on any securities exchange or market; and work stoppages or other labor difficulties. Occurrence of such events or circumstances could have a material adverse effect on our business, financial condition, results of operations or cash flows or the market price of our securities. All subsequent written and oral forward-looking statements by or attributable to us or persons acting on our behalf are expressly qualified in their entirety by these factors. We undertake no obligation to publicly update or revise any forward-looking statement.
Neither this press release nor any related calls or discussions constitutes an offer to sell or the solicitation of an offer to buy any securities.
Is that why you stopped posting on SUGO and started buying?
Not sure if the buys are chipping away at the $.20s or its just a couple people flipping shares.
Major Gap Up would be ridiculously awesome.
...MOASS
Bouncing off the bottom.
SUGO on my watch list as a stock to watch NOW.
Good consolidation volume over the last week and everyone is anticipating a partnership to move this forward.
Could go BOOM :)
We get volume toward the weekend...look for a run.
Nitwit, about time you start buying SUGO...Good Job!
Nice Breakout.
Dallas or Miami...
For a retail investor..yes (but not impossible), but for an institutional one with contacts at brokerages it is easy to short.
Sports Headlines...
1. No TP for OSU
2. LeBron, Lion, No Heart
3. Manny Pacquiao, He's Good
4. Phillies, Shane Victorino, Aloha!!!
5. Luck(y) #1 Draft Pick
6. Texiera Takes it on the Knee, Yankees Take it on the Chin
Glad you got your bids in down there...but, I think if you want to get shares you might as well just take out the offer or raise your bid.
LeBron 8 points...NO HEART!
Now that looks like a great pick...especially with corn and wheat all going up :)
Would it be illegal for me to say GRSR if it ever became fully reporting and was able to keep the current share structure would go to the moon? JMO.
Oh my Goodness..someone posts 6 times all different and they are a spammer? Seriously? Do you know how many people post on Ihub the same things... Get real.
You are funny.