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Last hour should get pretty exciting around here. Don't break to high yet as I want to pick up more shares early next week!!!! Have a great weekend all!!!
Thanks Jaws. The fact that these guys are so forthcoming alone should be worth a penny or two. Have a great night!!!!
Thanks Mario. You are right it sounds like a while from the PR but it seems like MR. Mellone subscribes to the UPOD (under promise over deliver as evidenced by the early commencement of mining ops on COS #1) philosophy that many big board, never mind penny, CEOs fail to follow. It sounds like we could have some significant revenues flowing in over the next few months and that doesn't even account for this African acquisition referenced in the PR today. I have a feeling we will be significantly higher come this time next week. Thanks again and have a great night!!
Mario,
Do you or anyone else know if the Company still intends to mine the 900 tons at Lucky Linda while they wait for the full mining permit? If the answer is yes, have they set a timetable for commencing operations on that claim? Thanks.
Edward,
That's what I was hoping to hear. I am not going to go as far as as saying we can expect a QMNM type run here but I certainly expect something substantially higher than a penny. Have a great night!!!
Edward,
As I am not a chartist, may I ask what the next resistance after we break .0025 is? Thanks.
Oil,
Just by looking at the rocks can you identify any gold present in them? Thanks.
Is that gold visible in the big rock?
Thanks Bankshot!!!
Please excuse my ignorance but what is the dividend we expect here for and is it cash or stock? Thanks.
All eyes will be on TSHL tonight with the % gain and the volume. Also keep an eye on boardmarks to get an idea of how many radars we are now on. An up day again tomorrow and we could see some major gains starting next week!!!!
TSHL News....up 33%
Based on that info we should get a nice EOD run above .001!!!!!
Did he state where he got the shares from? Thanks.
Thanks Oilstrike!!!!
Any 6's get hit yet? Thanks!!
Looking for a close of .0006-.0008 with a nice EOD run.
5's getting spanked pretty good here!!!!
Stock Observer,
All I can say is I am pretty happy I moved my bid up to secure shares at .0005. Can't wait until the AM!!!!!!
That's how we do it in S. FLA. I am pretty sure we are going to see a lot more buying at the ask as excavation gets closer. Have a great day!!!
Adjusted my order to .0005 and executed right away. Good luck with those 4's guys.
I have to agree as Schwab usually executes my order in no time flat and I have had it in now for 15 minutes and it is still open. I might have to bump up my bid just to get in. Where this should be going .0001 won't matter anyway. Have a great day!!!!
This is why we TSHL will soar if they do well with the first 900 tons.
http://www.thebigmoney.com/articles/explainer/2008/10/13/were-all-gold-diggers?page=0,0
I will be buying in sometime tomorrow so I thought I would do little hypothetical market value calculation as to what I believe TSHL may be worth. I am going to start with the assumption, if I may, that TSHL will encounter 1.5 ounces of gold per ton in the COS #1 claim. That being said, 1.5 ounces multiplied by 900 tons would give us 1,350 ounces of gold. Let's say that it will cost ~$150 per ounce to extract the gold leaving us with a gross profit of $700/ounce. Multiply that $700/oz. by 1,350 ounces which gives us $945,000 which can be divided by the 540 million O/S yielding .00175. Ascribe a fairly conservative multiple of 10 to that and you get a share price of .0175. Keep in mind that this calculation only accounts for the initial 900 tons that can be mined while waiting for full permits. Also, this obviously doesn't take into account fluctuations in the price of gold, MM manipulation or increases in the O/S. Thanks and have a great night!!
Thanks dart. Have a great day!!
Can we get an UT? This is starting to get a little ridiculous the way they are manipulating the SP. Company needs to do something other than PR ongoing negotiations and date divis back to the early 1900's to get this moving.
Captain,
I hate to admit it as I am a long but to a certain degree Stratey is right. I have only bought in to MONA in the last few months and the way they have structured these dividends there really is no incentive for me to remain long the stock once I reach my desired exit point. It really doesn't make much sense to me the way they structured the dividends. The only way it could benefit someone like me is if it forces any shorts that are out there to cover although I really don't anticipate any major short squeeze. have a great night.
Thems the brakes. Sorry if you have lost money on this in the past but if this were to go up 700% from these levels I as well as many others would be extremely pleased!!!!
We should be due some news in addition to all the filings. Have a great day!!!
Captain,
I am not a mathematician but I do believe that 10% of the float would be an additional 21.3 million shares retired to the treasury. That would bring the float to ~192 million. Gotta love that it keeps on dropping. Have a great night and an even better day tomorrow!!!
IMO, we get a close of .011 on some late day volume in anticipation of major upside next week caused by weekend filings or a pre-market PR Monday morning. Have a great weekend.
Stratey,
MONA closed @ .009 up 28.57%
FACT!!!!!!!!!
Tallstahl,
They are the next largest as they purchased Schwab Capital Markets in late 2004. I know because I worked there and my sister was an MM for many years. Needless to say we don't talk much, jk!!!!
I am sure it is Knight as they control most of the order flow in the OTCBB and Pinks.
2future,
Its looking like we might be able to push past that .01 during power hour today if we get a little volume!!!!!
BigDogs,
Gotta love it. Hoping it stays below .015 at least until Monday so that I can pick up a few more shares although I am thinking based on the recent PR trend we should be due for at least 1 more this week and it could be substantial!!!! Have a great day!!
This drop in the O/S is the best news that MONA has released thus far and exactly what I was looking for. IMO, this lays to rest any question as to whether MONA is following through on their previously announced business plan. The only question I have left is if the 50 million share buyback is in addition to the reduction in the O/S that has already occurred. Either way we should be in for a nice rise in the share price over the next few weeks. Thanks and have a great night!!!!
I believe today's PR would have had a much better effect on the SP if management would have updated how the buyback is progressing. I don't see the logic behind putting out a PR announcing the buyback, posting a confirmation with a hand-written name on it on Pinksheets.com and then not continuing to update its progress. Again, I am long MONA but I also try to apply common sense to my investing decisions. Thanks.
1Summer,
I am long MONA and as much as I would like to buy into all the hype I have to agree with you that the company needs to post filings showing the shares being bought back. A confirmation with the name written in by hand is not going to cut it as far as I am concerned. Once they do that and announce the updated O/S and float the stock will move up quickly. Have a great weekend.
Captain,
Do you really know something or are you just hoping for something to occur? Thanks and have a great weekend.