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Yes, this is fantastic
i wonder what prompted all that volume a few days ago. volume doesn't mean a higher price... but it sure leaves a lot less room for these tiny manipulation trades that move it up and down. is the bid/ask volume really just 5,000 on each side or is it that my scottrade is just having a hiccup.
From the Rizzo report on the website:
"Chloride Mine contains an economically viable ore deposit. Using a 0.2 percent cut-off grade and expanding the ore resources base, in keeping with the current market price, the Mine should have a minimum recoverable resource of 50 Mlbs. With excellent potential to upgrade theses resources to 100 Mlbs."
I know it had been mentioned before but it's always worth mentioning again since we had been going by the 27M lbs estimate for nearly a year before the Rizzo report made this clear that it's at LEAST double that.
I'm quite sure the 'summer' target for production was predicated on getting funding early in the year. Summer is basically NOW... if we haven't heard anything about funding, then they can't just get funded and start production 3 days later. Funding drives a lot of projects waiting to get the whole thing going. I had a WAG it would be closer to 4 months after funding (now it sounds like about 6) to start production, but i'm no award winning engineer so I trust who they have working for them. I'm elated at what's going on. We are finally going from a low sub-penny to a real stock and there's tons of movement going on. I guess I have low expectations for stocks where I buy in at ridiculously low prices.
there are the two devious trades in question. lol someone SOLD 57,000 shares to push the price down to .007. shakin my head.
Yeah, it's amazing how a stock like this can be manipulated when there is a wide bid/ask. over 2 MILLION shares trade over 1 penny. then 50K in sells - in obvious manipulation whether MM or just a hater who likes to waste money to hurt us lol - takes down the price to .007 with 50K shares.
it'd be interesting to see what L2 looks like
Agreed. Well done Chris.
That'd be something! Great day today. Tell the laddies they can break until dawn!
yeah, that's true. awareness of an undervalued gem is always valued when it leads to people really looking at the value that's here, researching it, and making a purchase with a realistic target. my/our experience with STT was that it's a bunch of people jumping on their 'next hot pick' and then jumping off abruptly leaving no strong hands behind.
i say flippers leaving. people who come in with a target of making 25% can't resist but jump out the next day when their target had been to hold for 2 months. but still, as josey said earlier, a new base of .0085 - .011 or somewhere would be an EXCELLENT spot. when funding news comes out, this is gonna keep rolling.
KAAAABOOOOOM on that. Amen lmcat. Cokes, Sprites, Some Diet Coke, maybe some kool aid to be served.
Hehehe, there's always one person coming in and trying to stop a stock from exploding... here's a link to the Nevada SOS website... but keep going with the false A/S stuff if you'd like. We prefer facts here:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Uk5bViH2qqz99jcGYeuYwg%253d%253d
Agreed. Compensated awareness posts should be deleted.
Fantastic ballstreet! Well said!
Yeah chris12 brought a lot of eyes for lmcat to hit with the DD. gr8 job to both. When funding news hits, no one will sell this under .02 IMHO
Hahaha awesome! Lovin it
mine too .0056/.006 sirg
Wow, excellent!
I reckon that's not a bad plan.
I guess if/when SIRG succeeds, it will create a lot of sleepless nights for a lot of people. My deepest hope is that the stock boards they come from make them millionaires so they can leave us alone. Go SIRG and Go Stocks of all the people who have irrational hate for SIRG!
the bid-ask spread has been huge for a few days... I guess those looking to buy in don't want to buy-in and see a quick dip down into the 3's as has been prone to happen over the weeks i guess. And I guess that the few who want to sell won't part with theirs for less than around a half a penny... I use the word 'guess' so many times because I'm guessing. lol
looks like 360K
I just clicked on that link to the new SIRG website and it looks fantastic.
Hahaha glad to be here!
Agreed and Good morning!
Got it. Thanks!
Sounds GOOD to me!
I agree. The incessant "4:05 news coming" posts need to stop. The rum/pirate talk is just a matter of boredom in waiting for the funding news. Nothing else to talk about except responding to the constant stream of insanity. "The crusade against a single sub-penny stock"
I think 'funding' is a sort of all-or nothing moment though.
If some SIGNIFICANT funding occurs (upwards of $5M), then I wouldn't sell my shares for under .02-.03 so I think that 5M of yours is gonna be more like $100K-$150K.
Funding is the whole deal. Once someone lays down cold hard cash to get this thing going, then it WILL happen and we don't have the same questions that hover over all sub-pennies. Then, there will likely be a stream of news related to all the things happening with the funding and that may cause the price to slowly inch up until we go into production where the price should settle once we can project revenue.
All that is also assuming that the company hires some sort of IR team because the current 15 people who own/watch this stock isn't going to do the trick (especially since 3 of them hate us lol)
This board has always been open to opposing views and any new information. It's when people re-post old information and negatively without regard to anything but doing so that raises questions. You spend an inordinate amount of time pointing out the deficiencies of a SUB PENNY STOCK that you do not even own. Enjoy your continued 'crusade' against sirg or whatever it is you're doing. The reason I don't do the same thing you do here on your favorite sub-penny is because I actually have consideration for the other people who own there.
Bravo Salty! And thanks abc!
Wish that was me. In a few days I'll add a few hundred thousand hopefully.
My thoughts exactly
Wish I had some chart reading skillz. Please explain item's 1 through 5 in greater detail... like a LOT greater detail. lmao
I gotta make sure I get the word out too when I see crazy things happening with sub-penny stocks:
investorshub.advfn.com/boards/read_msg.aspx?message_id=69034064
Let's get the word out on this set of companies as well.
I'm gonna resist the massive urge to gloat when this thing gets funding in the next few months. I'll talk to myself in the mirror: "Be the better person Darren, be the better person"
Theres a lot more involved in getting funding than some guy walking up and saying "I like it, here's $10M". A lot of work must accompany the initial interest. Many months of work in some cases.
Another silly part of your premise (that you keep repeating) is that "if it was so valuable it would be funded already". Based on your logic, no company seeking funding can EVER get funded because if it had value it would already have funding.
I've been wanting to add another 500K or so. but this always happens to me, a dip occurs and my money is tied up and won't be available. I was slow to react to this or I would've picked up probably half of that in the 3's or low 4's. ugh. Maybe on Monday.
hmmmmm, i wonder who that could be?
It'd have to be someone petty enough to waste lots of time on sirg and now be willing to waste a little money?