Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I had bought another 75 shares, but sold a few days later to go heavier into SWC. I think it will yield greater rewards. Sold @$81.81
Bought 1100@about $21.44 & 150@$20.70 also 325 PALL@$78.08. Think I'll be ok by the end of the week if not sooner.
Bought 1100@about21.44 & 150@20.70 also 325 PALL@78.08. Think I'll be ok by the end of the week if not sooner.
If you can get them to write SOMA off I THINK there are 2 ways to handle it. Anyone can offer a different view of course.
#1. Your basis for EQBM is now part of the basis of SOMA or
#2. I'm going to say I bought for whatever Scottrade will write it off for say; Buy $.01 Sell $.01
When I talked with my broker (Darn - same guy is still there and remembers me even though it has been 3 years)it wasn't really clear if I CAN write it off or not.
We can't say that guy from Germany didn't try to warn us. Wonder what ever happened to that China pond, Red whatever, etc,etc. He just made it all up?
Sent a e-mail to Larry (doubt he'll get it let alone read it) and called Scottrade to start the process of having my 1.5M & sompf declared worthless. At least it will be good as as a capital loss.
"Wall Street's Best Hidden Stocks"
Reading through old posts - wasn't always hidden, but everyone seems to like PAL better now.
http://www.fool.com/investing/general/2011/01/20/wall-streets-best-hidden-stocks.aspx
Evidence of a turnaround
Before rare-earth minerals turned investors into mindless lemmings, precious-metals group miner Stillwater Mining was an investor favorite because it was the only U.S. producer of palladium and the largest producer of platinum metals outside of South Africa and Russia.
A recovering auto market in the U.S. and a surging one in China, where sales are expected to grow an additional 10% to 15% in 2011 (after rising 32% last year), are leading market analysts to expect palladium prices to soar 24% this year, perhaps rising as high as $1,000 an ounce. Because the auto market is the primary user of palladium, others say it could hit $1,200 by 2013.
CAPS member alzbeta figures Stillwater Mining has the perfect business model to capitalize on continued growing demand:
This is a profitable American company that mines palladium and platinum in Montana and also recovers these same metals from used catalytic converters. Since they are both mining and recycling these strategic metals, they should do well going forward
Mine the Stillwater Mining CAPS page for additional nuggets of insight into this miner's future
Interesting message board. Few, but quality posts:
http://www.investorvillage.com/smbd.asp?mb=5982&mn=52&pt=msg&mid=10022829
Here's a good site for articles on Palladium. I think I had to register (free). I've been doing a lot of research the the last few days.
I wanted to go into GLD just before it came on the market, but because it wouldn't trade for another 6 months or so I went into smaller & smaller stocks and lost everything. I I think Gold was somewhere around $350 at the time. I really think PALL (or PAL/SWC) are my second chance. I took 52kout my retirement (over 59 1/2) and will deposit it on Monday then put a large chunk in Scottrade on Tue or Wed. Probably.
http://etfdailynews.com/blog/category/pall/
Published on December 23rd, 2010
http://www.silobreaker.com/december-23rd-2010-stillwater-mining-inks-deal-to-supply-palladium-for-gm-after-2009-break-5_2263956074371481661
Topics :
Stillwater Mining , General Motors Co. , Ford Motor Co. , Montana , BILLINGS , U.S.
BILLINGS, Mont. - General Motors Co. is renewing its ties to a Montana mining company that provides precious metals for emission-reducing catalytic converters, according to documents filed with federal regulators Thursday.
The deal restores a decade-long relationship that turned soured after GM filed for bankruptcy protection and abruptly dropped its supply agreement with Stillwater Mining Co.
Should have said "haven't found" in regard to SWC. Maybe it's the deal with GM. In any case I will probably buy some PALL & PAL sometime next week.
I forgot about that. Could be some kind of hedge. Or not, never know.
It seems like SWC doesn't seem to get any respect or following for some reason, yet the financials seem to be better. Something I have found yet?
From one of your links. It sure looks like the Commercials are very short?
http://news.tradingcharts.com/futures/8/3/151975538.html
Yes, I noticed and have been catching up on PAL,SWC (which freaks me out a bit as those are my real initials and my only tattoo) & PALL. And thanks for starting this board.
PAL just had a conference call apparently and said there were some delays and someone sold a bunch of stock at the recent high as far as I can glean. I am looking for a more medium term investment. I notice if you put the 3 stocks on a graph they have very similar returns. Do you think it will stay that way?
What would be the advantage of buying PAL instead of PALL? True, if held over a year it's a 28% tax rate, but doesn't PALL preform better? I ask because I'm going to invest sometime in the next 10 days.
Well, I've been out of the market for 3 years, but I'm going to buy a few hundred shares of PALL soon. It looks volatile, but with Russia's stockpile low, China & India needing tons of new cars, and the car industry recovering here in the US, what's not to like?
If that were so, I hope his passing was very painful. :¦»
It would be nice if the stock ever traded again!
Did anyone ever ask Bill to comment they aren't planning on carrying any of products as we were told?
Maybe he just flat out lied with that PR (which had a lot to do with me putting money into his stock)?
Have them at market or...?
Already put this on the SOMPF board:
He's at it again:
http://www.tradingmarkets.com/.site/news/Stock%20News/2692777/
TORONTO, ONTARIO, Dec 1, 2009 (Marketwire via COMTEX) -- SOMPF | Quote | Chart | News | PowerRating -- Millstream Mines Ltd. (TSX VENTURE:MLM)(FRANKFURT:NJD) wishes to announce that it has signed a Letter of Intent (LOI) with Soma Petroleum Limited ("Soma") (SA1 - Frankfurt) to further develop the Tamarack Gold Property into a 100 ton per day mine operation. The contemplated deal has Soma providing the development funds in exchange for an equity participation in the Tamarack venture.
Soma is a resource based company listed on the Frankfurt Stock Exchange. The agreement is subject to completion of mutually acceptable binding legal agreements and maybe subject to regulatory approvals or exemptions, as well as financing by Soma.
About Millstream Mines Ltd.:
Millstream Mines Ltd. is a Canadian-based mineral exploration company whose principle objective is to enhance and develop known mineral properties to production potential. The Company has projects in the Province of Ontario, Canada and in the State of Montana, USA. The past producing Potter Mine Property is host to copper-zinc-cobalt "stacked" mineralized zones located in the highly prolific Abitibi Greenstone Belt and more specifically in the Kidd-Munro Assemblage near the town of Matheson in north eastern Ontario. An initial NI 43-101 compliant resource estimate on the Potter revealed an indicated resource of 3,028,767 tonnes at 1.45% copper, 1.19% zinc, 389.7 ppm cobalt, 11.1 ppm silver, and 127.5 ppb gold along with an inferred resource of 2,071,101 tonnes at 1.08% copper, 1.05% zinc, 301.4 ppm cobalt, 8.7 ppm silver, and 81.7 ppb gold. The Tamarack Gold Property, a high grade former gold producer in the Tobacco Root Mountains of south western Montana, is in an advanced stage of underground exploration and development operating under the Small Mines Exclusion Act of the State of Montana.
Nov. 30, '09 Close: $0.035
73,851,707 Shares Issued
SOURCE: Millstream Mines Ltd.
Millstream Mines Ltd.
Mr. Ernest Harrison, EM, CEO
705-474-7282
Millstream Mines Ltd.
Mr. Marty Martinello, B.A., V.P.
705-474-7282
705-474-5491 (FAX)
Millstream Mines Ltd.
Mr. Robert Chase, CFA
President & CFO
416-368-9595
416-368-6827 (FAX)
info@millstreammines.com
www.millstreammines.com
For full details on Martin Marietta Material (MLM) click here. Martin Marietta Material (MLM) has Short Term PowerRatings of 5. Details on Martin Marietta Material (MLM) Short Term PowerRatings is available at This Link.
He's at it again:
http://www.tradingmarkets.com/.site/news/Stock%20News/2692777/
TORONTO, ONTARIO, Dec 1, 2009 (Marketwire via COMTEX) -- SOMPF | Quote | Chart | News | PowerRating -- Millstream Mines Ltd. (TSX VENTURE:MLM)(FRANKFURT:NJD) wishes to announce that it has signed a Letter of Intent (LOI) with Soma Petroleum Limited ("Soma") (SA1 - Frankfurt) to further develop the Tamarack Gold Property into a 100 ton per day mine operation. The contemplated deal has Soma providing the development funds in exchange for an equity participation in the Tamarack venture.
Soma is a resource based company listed on the Frankfurt Stock Exchange. The agreement is subject to completion of mutually acceptable binding legal agreements and maybe subject to regulatory approvals or exemptions, as well as financing by Soma.
About Millstream Mines Ltd.:
Millstream Mines Ltd. is a Canadian-based mineral exploration company whose principle objective is to enhance and develop known mineral properties to production potential. The Company has projects in the Province of Ontario, Canada and in the State of Montana, USA. The past producing Potter Mine Property is host to copper-zinc-cobalt "stacked" mineralized zones located in the highly prolific Abitibi Greenstone Belt and more specifically in the Kidd-Munro Assemblage near the town of Matheson in north eastern Ontario. An initial NI 43-101 compliant resource estimate on the Potter revealed an indicated resource of 3,028,767 tonnes at 1.45% copper, 1.19% zinc, 389.7 ppm cobalt, 11.1 ppm silver, and 127.5 ppb gold along with an inferred resource of 2,071,101 tonnes at 1.08% copper, 1.05% zinc, 301.4 ppm cobalt, 8.7 ppm silver, and 81.7 ppb gold. The Tamarack Gold Property, a high grade former gold producer in the Tobacco Root Mountains of south western Montana, is in an advanced stage of underground exploration and development operating under the Small Mines Exclusion Act of the State of Montana.
Nov. 30, '09 Close: $0.035
73,851,707 Shares Issued
SOURCE: Millstream Mines Ltd.
Millstream Mines Ltd.
Mr. Ernest Harrison, EM, CEO
705-474-7282
Millstream Mines Ltd.
Mr. Marty Martinello, B.A., V.P.
705-474-7282
705-474-5491 (FAX)
Millstream Mines Ltd.
Mr. Robert Chase, CFA
President & CFO
416-368-9595
416-368-6827 (FAX)
info@millstreammines.com
www.millstreammines.com
For full details on Martin Marietta Material (MLM) click here. Martin Marietta Material (MLM) has Short Term PowerRatings of 5. Details on Martin Marietta Material (MLM) Short Term PowerRatings is available at This Link.
:~» Best smile I'll probably get all day!
Considering the source you got it from - I'll believe it when I see it in my Scottrade account!
Guess I'm not selling yet. I will wait until 1. I need the tax loss or 2. Lightning strikes and it becomes tradeable again. No need for me to hold my breath on either of those right now.
I'm at 1.5 Million w/30k SOMPF
That certainly would be ok by me, as the lying, non reporting, sack of s*** he is. He never said what happened to the China deal, or any of the others. The reasons I put so much money into this thing.
You can sell by having your brokerage calling it worthless and then you sell all your shares to them for a penny. Not a penny a share,but a penny total. That's what Scottrade told me if I remember correctly.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=xlpi#getNews
XcelPlus Global Holdings, Inc. Announces Financial Results
DOTHAN, Ala., Jul 14, 2009 (BUSINESS WIRE) -- Renewable fuels leader XcelPlus Global Holdings, Inc. (Pink Sheets: XPGH) is realizing its potential under new management direction, announcing financial results.
"While management is not pleased about the reported loss in operating results, it is well pleased with the progress made during the first months in re-establishing the direction of the company," said J. Michael Parsons, president of XcelPlus Global Holdings Inc. "The company improved tremendously over any previous period and had some great things happen, but timing was such that a few of them did not register in this quarter.
"We have only a few months of history and results for what management refers to as the 'new' XcelPlus Global Holdings, but we want our stakeholders to know we are confident about our strategy, our growth prospects and the overall direction of the business. We now have a clear path and a positive direction in which to move the company forward rapidly.
"Demand for our products is excellent," Parsons continued. "These fuels burn cleaner, so carbon emissions are reduced. The fuels are safer to handle from a HAZMAT point of view, and they are easier for the customer to use and manage. Our affiliates, such as Freedom Fuels and Gen-X Energies, continue to experience a good reception with customers, and our volume increases daily. Our growth is tempered only by state environmental permitting requirements."
Genesis of XcelPlus Global Holdings
XcelPlus Global Holdings, Inc. was a private company until April 2006, when it merged with E4 World a Pink Sheet company formerly known as Korean Station, World of Wheels and Envira Minerals. This enabled XcelPlus to emerge as a publicly traded company and add shareholders. As part of the transaction, shareholders of record in XcelPlus International, Inc. (Pink Sheets: XLPI) prior to April 2006 were granted one share of XPGH for each 20 shares of XLPI owned. Further, XcelPlus Global Holdings was to assist in providing financing to XLPI, and though the venture capital firm of McGuire Woods, Inc., was retained, funding did not materialize.
Between the merger date in 2006 and February 2009, XPGH produced no revenues, deferred its operating expenses and incurred debt.
New Beginning
In February 2009, J. Michael Parsons of Parsons Energy was contracted by XcelPlus Global Holdings to serve as president and CEO, set a new strategic direction, manage operations and move the dormant company forward. Under Parsons' leadership, the company cleared up its debt, brought SEC filings up to date and transformed the company from a dormant shell into a revenue producer.
Parsons, on behalf of XPGH, entered into long-term agreements with Freedom Fuels and Gen-X Energies, both of which have complementary strengths to support the present and future growth plan for XPGH. Going forward, more strategic alliances are planned.
"Interest in this company has become intense, as might be expected, and for that reason we will begin issuing monthly financial updates," Parsons said. "We are also considering a management conference call for shareholders in September. All of these can be considered mileposts on what appears to be a very strong growth track for XcelPlus Global Holdings for the foreseeable future."
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties, including, without limitation, the ability to obtain financing and regulatory and shareholder approval for anticipated actions.
XCELPLUS GLOBAL HOLDINGS, INC.
FINANCIAL STATEMENTS
Six Months Ended June 30, 2009
ACCOUNTANTS' COMPILATION REPORT
To the Board of Directors
XcelPlus Global Holdings, Inc.
Dothan, Alabama
We have compiled the accompanying balance sheet of XcelPlus Global Holdings, Inc. as of June 30, 2009, and the related statements of income and retained earnings for the six months then ended, in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants.
A compilation is limited to presenting, in the form of financial statements and supplementary schedules, information that is the representation of management. We have not audited or reviewed the accompanying financial statements and supplementary schedules and, accordingly, do not express an opinion or any other form of assurance on them.
Management has elected to omit substantially all of the disclosures and the statement of cash flows required by generally accepted accounting principles. If the omitted disclosures and statement were included in the financial statements, they might influence the user's conclusion about the Company's financial position, results of operations, and cash flows. Accordingly, these financial statements are not designed for those who are not informed about such matters.
Bevis, Eberhart, Browning, Walker, Stewart, P.C.
Dothan, Alabama
July 13, 2009
XCELPLUS GLOBAL HOLDINGS, INC.
BALANCE SHEET
June 30, 2009
ASSETS
CURRENT ASSETS
Cash $ 90,456
Accounts receivable 26,000
TOTAL CURRENT ASSETS 116,456
FURNITURE, FIXTURES AND EQUIPMENT, net 871
INTANGIBLES 211,000
$ 328,327
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
Trade accounts payable $ 31,556
TOTAL CURRENT LIABILITIES 31,556
LONG-TERM DEBT -
DEFERRED INCOME TAXES
STOCKHOLDERS' EQUITY
Common stock, $.001 par value, 190,000,000 authorized, 45,909
45,909,162
issued and outstanding
Preferred stock, $.001 par value, 10,000,000 authorized, 6,200
6,200,000
issued and outstanding
Additional paid-in capital 474,159
Retained earnings (deficit) (229,497 )
296,771
$ 328,327
See accountants' compilation report.
XCELPLUS GLOBAL HOLDINGS, INC.
STATEMENT OF INCOME AND RETAINED EARNINGS
For the Six Months Ended June 30, 2009
REVENUE $ 26,000
OPERATING EXPENSES
Advertising and promotion 23,694
Automobile 7,389
Bank charges 279
Computer and internet 340
Contracted services 115,784
Corporate fees 5,624
Depreciation 46
Insurance 4,856
Investor relations 51,500
Meals and entertainment 1,462
Office supplies 608
Postage and delivery 80
Product development 622
Professional fees 1,334
Rent 650
Telephone 1,496
Travel 20,979
236,743
NET INCOME (LOSS) (210,743 )
BEGINNING RETAINED EARNINGS (DEFICIT) (768,754 )
Prior period adjustment 750,000
ENDING RETAINED EARNINGS (DEFICIT) $ (229,497 )
See accountants' compilation report.
SOURCE: XcelPlus Global Holdings, Inc.
CONTACT:
I did e-mail Larry on the 25th, but haven't heard back. Not blocked - just no response.
Hello Mr. Skolnik,
1. Does EQBM still have any ownership of SOMA (SOMPF)?
2. Did you ever respond to the SEC investigation? We never heard and I don’t think EQBM can trade anymore.
3. What ever happened to the China deal?
XXX XXX (xgin)
I forgot, does EQBM still have any stake in SOMPF?
Total agreement. Maybe SOMPF would trade then?
Intent to acquire an operating U.S. Company
Wed. March 25, 2009; Posted: 01:56 PM
Stocks RSS
You too can increase your ETF trading!
TORONTO, March 25, 2009 /PRNewswire via COMTEX/ -- SOMPF | Quote | Chart | News | PowerRating -- Soma Petroleum Limited (Frankfurt symbol SA1), a resource company, is pleased to announce that it has entered into a Letter of Intent to acquire an operating US company. The details of the acquisition will be announced in a separate release.
http://www.tradingmarkets.com/.site/news/Stock%20News/2240874/
And this means what?
Intent to acquire an operating U.S. Company
Wed. March 25, 2009; Posted: 01:56 PM
Stocks RSS
You too can increase your ETF trading!
TORONTO, March 25, 2009 /PRNewswire via COMTEX/ -- SOMPF | Quote | Chart | News | PowerRating -- Soma Petroleum Limited (Frankfurt symbol SA1), a resource company, is pleased to announce that it has entered into a Letter of Intent to acquire an operating US company. The details of the acquisition will be announced in a separate release.
http://www.tradingmarkets.com/.site/news/Stock%20News/2240874/
Hey Couch, he's still alive?
Right back down today. I agree - it's probably Larry doing something only he knows about.
Not a clue.
SA.1 having a good day 630k traded - up.02
http://finance.yahoo.com/q?s=SA1.F
SA.1 having a good day 630k traded - up.02
http://finance.yahoo.com/q?s=SA1.F
Corn (ethanol)friendly?
"President-elect Barack Obama plans to name former Iowa Governor Tom Vilsack as his choice for Secretary of Agriculture at a news conference Wednesday, transition aides said.
Vilsack served for two terms, from 1999 to 2007, in what is one of country’s leading hog and corn-producing states..."