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I agree 100%. eom
You might want to wait. It'll probably move up over $2 like UTOG & ALZM did... Not justifying their move. Just appears it may be heading that way.
I vote we get one or the other this week..
LOL - It's all falling in to place...
Guys I was doing some searching and came across this article below. Maybe there is a possibility that we'll see something soon regarding a approval for a conditional TSX listing... I googled "Conditional TSX listings" and it appears to be common place.
TSXV policies on private placements
Fasken Martineau DuMoulin LLP
Virginia K. Schweitzer
Canada
March 2 2011
On January 7, 2011, the TSX Venture Exchange ("TSXV") published a Notice to Issuers ("Notice") to clarify certain requirements and procedures related to Expedited Private Placements (Part 5 of Policy 4.1 of the TSXV Company Manual and the related Form 4B). The Notice was issued because some issuers and advisors had been incorrectly interpreting the Expedited Private Placement procedures as permitting a private placement to close prior to completion of the prescribed filing requirements.
Procedures related to private placements of an issuer's securities are set forth in general in Policy 4.1. With the exception of Expedited Private Placements, approval of a private placement by the TSXV, whether brokered or non-brokered, involves a number of steps undertaken within prescribed timelines. Initially, the issuer issues a press release detailing the private placement including the price per security or files a Price Reservation Form (Form 4A). Then within 30 days, the issuer files a Private Placement Notice Form (Form 4B) which further sets out the details of the private placement, including any convertible securities, maximum number of securities to be issued, a list of subscribers, if available, and any commissions or finders' fees to be paid. The Form 4B is reviewed by the TSXV and if all the information has been completed, then a final acceptance will be issued. If the information is not complete, which is not unusual for more complex transactions, the TSXV will issue a conditional acceptance. Depending on the complexity of the transaction and the TSXV conditions, the issuer will either seek final acceptance and then close the private placement or close the private placement and file the final documentation to receive final acceptance.
The Expedited Private Placement Filing System is usually used by issuers for smaller, less complicated, private placement transactions that meet the eligibility criteria set out in Section 5.1 of Policy 4.1. These criteria include no convertible securities, except warrants, and participation by arm's length parties for at least 50% of the securities offered in the private placement. An Expedited Private Placement does not require TSXV review at any time during the process. However, the TSXV in this Notice has clarified that an issuer cannot close an Expedited Private Placement prior to having completed the filing requirements prescribed by Section 5.4 of Policy 4.1, including the filing of a completed Form 4B and the payment of applicable filing fees within certain prescribed deadlines.
TSXV Company Manual and the Notice both provide that an Expedited Private Placement can be closed once the filing requirements are completed. The TSXV recommends, but does not require, that issuers receive TSXV final acceptance prior to closing. In the event that the TSXV reviews an Expedited Private Placement during a routine audit process, and determines the private placement does not comply with Part 5 of Policy 4.1, the TSXV can require that the private placement, if closed, be unwound or take other actions against the issuer.
It is also important to note that during any six month period, an issuer may only avail itself of the Expedited Private Placement Filing System if the aggregate number of securities issued by the issuer pursuant to the Expedited Filing System, including any current transaction, has not exceeded 25% of the issued and outstanding securities at the date of the news release for the current transaction for a Tier 2 Issuer, or 50% for a Tier 1 Issuer.
http://www.lexology.com/library/detail.aspx?g=65461fa4-21e4-4b27-8b41-b7078a010996
A few more days of volume like we had today and we'll wear them out! Let's double the volume tomorrow and really get the MM's panties in a bunch!!
lol
Just biding my time with some good natured humor...
I'm thinking it runs like that one as well.. Been a few similar plays like.. FA SV, UT OG, & of course AL ZM. I know I'm missing a couple others.
LE XG - 1.24 x 1.25 now. eom
lol - Good one... I've got COPPER TOXICITY SYNDROME...
MM TE - .0042 x .0043 now. eom
“What does a microwave, a fire extinguisher and the Statue of Liberty have in common?"
All three contain some form of copper — a common mineral that helped make possible the electrification of the world early in the last century. Its sale is a leading indicator for a healthy construction business and a growing global economy. Mystery novelist Dashiell Hammett called it “the red harvest.” It’s copper and the world keeps showing a hungry demand for it. The price has rocketed up by a factor of five in the last decade, and is currently trading at around $4.60 a pound. It may even prove to be one of the economic stalwarts of the Japanese tsunami disaster.
Why It’s Valuable
Copper may not have the same investment pizzazz as its cousin gold. But as base commodities go, it is a dependable workhorse. It is an excellent conductor of electricity, which also happens to be exceptionally resistant to decay and moss, and its abundance throughout the world makes it the first choice for wiring a building. Plus it also shows up in water pipes, coins, pots, air conditioners, car radiators, refrigerator coils, ammunition, semiconductors and circuit boards.
Where It Comes From
The world’s top producer is Chile, with 543 kilotons per year, about one-third of the world’s supply. Last autumn’s dramatic underground rescue took place in a Chilean copper and gold mine. But most of the world’s mines are terraced open pits. One of the most dramatic examples is the Bingham Canyon mine outside Salt Lake City, the most productive excavation in the history of all minerals, which swallowed three towns over its life and is now big enough to be visible from the space shuttle. The booming prices have persuaded global giants like Freeport-McMoRan and Anglo American to squeeze more ore out of existing mines. Smaller companies known as “juniors” are also energetically doing exploration work in places like Peru, Mongolia, Zambia and various corners of the U.S.
The Copper Market
Copper took a serious nosedive during the 2008 crash, but has rebounded with a vengeance. “When global stability is threatened, copper tends to trade low,” said Bart Melek, an analyst for TD Securities. Steady construction demand in China helped copper’s recovery for the last five years. Japan’s coastal cities and its utilities are going to go through an intense period of rebuilding, meaning that developers are going to be acquiring a lot of copper for new buildings along the Japanese coast.
One intriguing factor is that the demand for copper doesn’t tend to reflect a lot of speculation because the metal is bulky and difficult to store in warehouses for long periods of time. It also oxidizes over time and becomes perishable, says Melek. When the price gets high, companies unload their surpluses. During a price spike five years ago, thieves in some cities knocked down streetlights to strip away the copper wiring for sale to scrap dealers. The purloined copper has a lot of company there in those yards — behind only iron and aluminum, copper gets recycled more than any other metal.
A Promising Future
It is also tricky to substitute other materials for copper, especially in the interiors of a building. Some companies with a large rate of consumption, such as refrigerator manufacturers, are contemplating making the switch to aluminum, which is currently about one-third the price-per-pound. Aluminum carries a risk of catching fire in semiconductors, according to Melek. It’s also even more bulky than copper, making a manufacturing systems retrofit a chore that may not be worth it in the end. “Core demand for low-voltage electricity most likely will remain copper,” he said.
http://www.thefiscaltimes.com/Articles/2011/03/22/Copper-Market-Remains-Strong.aspx
Copper Will Lead Base-Metals Rally on Shortage, Brook Hunt's Kettle Says
By Glenys Sim - Mar 28, 2011 8:54 PM CT
Copper will lead a rally in base metals this year as increased consumption in China reduces inventories and higher prices encourage stockpiling, according to researcher Brook Hunt, a Wood Mackenzie company.
“Fundamentally, the market’s tight,” Julian Kettle, head of metals research, said in an interview in Singapore, predicting that cash copper may average $9,700 per ton this year compared with $7,543 in 2010. Kettle also backed nickel and lead.
Copper, which reached a record last month, is expected to have a 570,000-ton shortfall this year as China’s demand grows 6 percent, according to Brook Hunt. The metal, used to make wires, surged 30 percent last year as the global economy recovered from the worst recession since World War II. The International Copper Study Group is predicting a 435,000-ton deficit this year.
“There’ll be a shortage of copper,” said Kettle, a metallurgist who’s been at Guildford, England-based Brook Hunt for more than two decades. “In the short term, the market is going to remain tight and fundamentally it’s strong.”
Three-month copper on the London Metal Exchange, which reached an all-time high of $10,190 on Feb. 15, traded today at $9,495.75, down 1.1 percent this year. Lead futures traded at $2,630 per ton, up 3.1 percent in 2011. Nickel has advanced 5.5 percent this year and was at $26,100 per ton.
Brook Hunt joins Barclays Capital and Rio Tinto Group in forecasting a copper shortfall as mining companies fail to keep pace with demand. There’ll be a global deficit until 2014, Standard Chartered Plc (STAN)’s Michael Haigh said last November, predicting that the metal will “perform incredibly well.”
Largest User
China, the world’s largest copper user, is aiming for annual economic growth of 7 percent in the period to 2015, down from the previous 7.5 percent, according to the nation’s latest five-year plan, which sets development goals.
“The five-year plan’s just come out, lots of positive things in there but a slight shift,” said Michael Sinden, head of metals markets at Brook Hunt. “It’s going to be a slower pace but still the volume is there.”
China will build 36 million units of social housing, or affordable homes, over the five years, the National Development and Reform Committee said on March 6. Vehicle sales will grow 10 percent to 15 percent this year after jumping 32 percent to 18.06 million vehicles in 2010, the China Association of Automobile Manufacturers forecasts.
‘Tier-Two Cities’
“As opposed to five-star apartment buildings, we’re shifting more to the internal, tier-two cities, social housing, so it’s not smaller or greater it’s just a little bit different,” said Sinden on March 22. “On the auto motor side, you’re going to end up with a lot of cars, so that’s going to sustain your copper, zinc and aluminum demand.”
Copper demand in China may expand 8 percent, according to an estimate from Beijing Antaike Information Development Co., China’s state researcher. Refined-copper consumption growth in 2010 was forecast to be 11.5 percent, Antaike’s senior analyst Yang Changhua said in November.
“High prices at the moment will encourage supply,” said Kettle. ‘We’re looking at supplies moving significantly ahead of demand round about 2015 and there will be a price response,” said Kettle, predicting that the market may move toward the so- called incentive price, which is $5,000 to $6,000 a ton.
To contact the reporter for this story: Glenys Sim in Singapore at gsim4@bloomberg.net
To contact the editor responsible for this story: James Poole at jpoole4@Bloomberg.net
Any day now ....
According to the Department of Energy, copper wire theft costs the U.S. almost $1 billion per year.
http://www.kens5.com/news/As-Copper-Theft-Expands-State-Eyes-New-Law-118804389.html
http://www.katc.com/news/copper-theft-arrests-turn-into-multiple-charges-including-indecency-with-juvenile/
http://www.connectamarillo.com/news/story.aspx?id=598123
http://www.sj-r.com/breaking/x1608498817/Copper-pipe-stolen-from-home-on-North-Third-Street
http://www.annarbor.com/news/ypsilanti/copper-wire-stolen-during-burglary-on-north-hamilton-street-ypsilanti-police-say/
http://www.istockanalyst.com/business/news/5012530/texas-and-police-fighting-costly-dangerous-wave-of-copper-thefts
http://www.katv.com/Global/story.asp?S=14330612
http://www.thetandd.com/news/article_5bade172-5831-11e0-b056-001cc4c002e0.html
Golden Dragon Precise Copper Tube Group will create 300 more jobs in this Clarke County town when it builds a $100 million plant to make copper pipes and tubes for air conditioning, autos and other applications. The company became the first Chinese company recruited to build a new plant in Alabama, state officials said, when it made its announcement this morning.
http://blog.al.com/press-register-business/2011/03/golden_dragon_copper_tube_plan_1.html
Thanks... "ALL issues have been dealt with & everything is clear sailing from here..."
All right, let's hear something this week then... I am really trying to remain positive and enthused.
What's up with them splitting so frequently?
Security Notes
Capital Change=shs increased by 15 for 1 split. Payable upon surrender. Pay date=01/04/2010.
Capital Change=shs decreased by 1 for 2 split Pay date=08/18/2010.
Capital Change=shs decreased by 1 for 1.5 split. Pay date=01/18/2011.
CB YI - .0011 x .0012 now. eom
I don't blame you. It was double the share price when you first mentioned it. Maybe it'll start climbing back up again.. No clue..
That one may be a mover today. I like it at this price. FWIW
Quiet here today. Won't stay that way for long...
Have a good weekend everyone!
CB YI - .0008 x .0009 now. eom
CB YI - .0005 x .0006 - Seems to be getting attention today...
LE XG - 1.16 x 1.17 now. eom
Don't get me started. The waiting is becoming extremely frustrating...
It'll be worth it in the end... I'll be pissed if we go another week without hearing anything...
RV BHF - .17 x .18
R.V.B. Holdings Ltd. Announces Change of Control of the Company By
Greenstone Industries Ltd.
Tel-Aviv, Israel – March 24, 2011– R.V.B. Holdings Ltd. ("RVB") announced today the purchase by Greenstone Industries Ltd., an Israeli public company traded on the Tel Aviv Stock Exchange (TLV:GRTN) of 65% of the issued share capital of the Company. As part of the purchase of control of RVB all members of the Board of Directors of RVB, excluding the external directors, resigned their office and Messrs. Yitzhak Apeloig, Yair Fudim and Gedaliahu Shelef, representatives of Greenstone Industries Ltd., were appointed instead.
http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=GRTN.TA
SCHEDULE 13D on Feb 6, 2011
http://www.otcmarkets.com/stock/RVBHF/financials
LE XG - 1.09 x 1.10 now. eom
Was anyone else watching Level II the last 10 mins?
NITE dropped to .39 on the Ask. Then down to .38
1,000 buy at .38 and NITE jumped right up to .47 for a minute with UBSS.
Then went back to .4199
Thin...
LE XG - 1.01 x 1.02 - Heck of a move this week. Probably still go higher...
Walsh Appointed as CEO of Lithium Exploration Group
SCOTTSDALE, Ariz., Mar 24, 2011 (BUSINESS WIRE) -- Lithium Exploration Group (OTCBB:LEXG) has announced the appointment of Alex Walsh as the company's CEO. A seasoned professional with extensive experience in raising capital and forming strategic partnerships for young operating companies, Walsh has helped clients in a variety of industries expand their reach regionally, nationally and internationally. Walsh brings Lithium Exploration Group connections to some of the largest manufacturers of lithium-based battery products in China, India and North America.
Walsh is a graduate of DePauw University, where he earned a degree in Economics & Management. In addition to his business pursuits, his community involvement includes volunteering on numerous boards and commissions in the Phoenix metro area.
"We are in an excellent position to capitalize on what is a very fragmented market," Walsh said. "With the right strategy and implementation there is nothing stopping Lithium Exploration Group from becoming an industry leader. Our properties in North and South America show great potential, and we will assemble the team required to develop/explore/realize that potential."
About Us
Lithium Exploration Group is a U.S.-based exploration and development company focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. Currently the company is focused on its Western Canada and South America properties. Lithium Exploration Group is a fully reporting company traded on the Nasdaq OTCBB under the symbol LEXG. Website: www.lithiumexplorationgroup.com
Real nice Immie.. Wish you had a mil shares :)
What will it do now?
EVSNF - .11 x .115 now with news today...
Wednesday 23 March 2011
Elbit Vision Systems Ltd. (OTCBB: EVSNF.OB), a global provider of vision technology for automatic surface inspection and in-line quality monitoring systems, today announced its consolidated financial results for the three month period ending December 31, 2010.
Fourth Quarter 2010 Results:
Revenues for the fourth quarter of 2010 were $1.68 million, representing an increase of 130% compared to $0.73 million for the fourth quarter of 2009.
Gross profit on a GAAP basis was $1 million, representing 59% of revenues, compared with a gross loss of $0.03 million for the fourth quarter of 2009. Gross margins increased substantially due to the previously reported restructuring in June 2010.
Operating profit on a GAAP basis was $414 thousand compared with an operating loss of $630 thousand in the fourth quarter of 2009. Operating profit on a non-GAAP basis for the fourth quarter of 2010 was $480 thousand, representing 29% of revenues, compared with a loss of $548 thousand in the fourth quarter of 2009.
Net profit on a GAAP basis for the fourth quarter of 2010 was $322 thousand, compared to a net loss of $5 million in the fourth quarter of 2009. Net profit on a non-GAAP basis for the fourth quarter of 2010 was $388 thousand, compared to a net loss of $1.5 million in the fourth quarter of 2009.
Sam Cohen, CEO of EVS commented, "For the first time in nearly a decade, EVS has begun to demonstrate its potential in its core competency. With a fourth quarter gross profit of over 59% and an operating profit of 29%, we are witnessing the impact of the changes made over the past six months following the sale of Scanmaster.
Having stabilized the company, we are advancing to the next phase of our new business model which includes developing innovative products for our current customer base, as well as our expansion in to new, healthy, and growing markets.
Since this new journey began last June, EVS has had a singular focus to reclaim our place as the world's leading provider of vision technology for automatic surface inspection. With these results our vision for EVS has been validated, and for the first time in a decade, we have evidence that our best days are ahead of us," concluded Mr. Cohen.
Use of Non- GAAP Financial Measures
EVS believes that both non-GAAP financial measures are better principal indicators of the operating and financial performance of its business. The non-GAAP numbers exclude mainly the non-cash equity-based compensation charges recorded in accordance with SFAS 123R as well as associated with purchase price allocation charges. Please see below for more details.
About Elbit Vision Systems Ltd. (EVS): www.evs.co.il
Have a great time Rig!
Awesome! Thanks for sharing...
I sold the rest of my shares at open this morning. Sorry guys I couldn't wait one more week. Heading to the casino!
lol - J/K
lol - I was to.. Then the market broke me
What's up with the Bold?
What's up with the Bold?
At work today...