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I guess we will see if they are cash flow positive in a few days.
3rd quarter coming soon.
They just gave up on the monthly reports.
No word if they got any of Red Arrow Share holders to bite.
On September 13, 2012, Focus Gold Corporation, a Nevada corporation (the "Company") appointed Gordon F. Lee to serve as President and Treasurer of the Company. Mr. Lee will act as the Interim Chief Executive Officer and Interim Principal Accounting Officer. The Company will pay Mr. Lee $10,000 per month until such time as a written employment agreement is completed.
This guy has his finger in another mining company? Wonder whats up with that? And what happend to Bobby Cooper?
Just caught the radio show on American Scene Radio Network, That was sorry (no fault of Marks) that was way to short. No new news and didn,t say anything about the buy-out. This stock will not move untill they get the other 51% (imho). Why buy into a company that does not control there own future? If you own 49% are you the tail wagging the dog? Red Arrow Share holders know what they have and will be looking for other buyers soon. Why didn;t they get there core drillings looked at by a lab? and post the results on there web site? Rocky better get on the ball soon or this train will leve the station without him.And post the monthly update every month thats why they call it monthly.
I guess they give up on the monthly reports.
I wonder if they got any of the Red Arrow Share holders to sell out? If they did I wonder what the deal was?
Can the mill run in the winter?
This Amendment to the Form 8-K filed by Rock Energy Resources, Inc. on September 5, 2012, is being filed to correct the “Maturity Date” of the loan from Maximilian Investors LLC, by deleting the incorrect date of September 1, 2013, and inserting the correct date of “September 1, 2014”.
Now were all on the same page
Rock Energy Resources, Inc. (OTCQB: RCKE) announced today that it has initiated the offer to purchase common shares in the privately held Red Arrow Gold Corp.
Whats the old saying THE DEVIL'S IS IN THE DETAILS
I guess they give up on the monthly news report?
sorry 2013
Why does edgars say 2012 or am I reading it wrong?
Item 1.01 Entry into a Material Definitive Agreement.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
Item 7.01 Regulation FD Disclosure
Item 1.01 and item 2.03 Disclosures
On August 28, 2012, Rock Energy Resources, Inc. (the “Company”) and Maximilian Investors LLC (“Maximilian”) signed an Amendment to their Loan and Security Agreement (the “Amendment”), modifying certain material terms of the Loan and Security Agreement, dated and entered into by the parties on December 14, 2011, and providing a loan facility to the Company up to $25,000,000 (collectively with the Amendment, the “Loan Agreement”). A summary of the material modifications introduced by the Amendment are as follows:
- The Company confirmed that the outstanding principal balance of the loan at July 31, 2012, was $4,200,000;
- The “Maturity Date” of the loan was extended to September 1, 2013;
- An “Amendment Advance” of $1,826,896 was approved, of which $175,000 was previously advanced as a good-faith advance, with the $1,651,896 balance dispersed, (i) $550,000 as an “Initial Advance” on or shortly following the Amendment date; (ii) a first advance of $550,000 will be dispersed no sooner that 30 days following the Initial Advance, and; (iii) a second advance of $550,000 will be dispersed no sooner than 60 days following the Initial Advance, provided that the Company is not in default under the terms of the Loan Agreement; that the Issuer has achieved no less than $100,000 in revenues before the first advance and $200,000 in revenues before the second advance;
- Maximilian waived any existing defaults under the Loan Agreement;
- Maximilian’s net profit’s bonus was increased from 3% to 5%, and;
- The Company’s “put” obligation to repurchase the 18,865,520 restricted Company common shares issued to Maximilian in connection with the Loan Agreement for $0.20 per share was eliminated and the put obligation amount of $3,773,104 was added to the outstanding principal balance of the Company’s loan.
I hope BAMA has the right players this year, Looks good so far.
according to Edgars its. The “Maturity Date” of the loan was extended to September 1, 2013;
The concept of faith is a broad one: at its most general ‘faith’ means much the same as ‘trust’.
Mark without trust (aka faith) you are dead inside and if thats childish so be it (I am).
I guess I'am blinded by my personal beliefs.
Like I said before.
Who should I believe Rocky Emery, Mark Harrignton, Craig Liukko or MarkTwain?
Is there anything you have faith in? Why must you be so negative? Why do you try to put this stock down and speak bad about Rocky?
Like I said before.
Who should I believe Rocky Emery, Mark Harrignton, Craig Liukko or MarkTwain?
Good move Rocky. Shows He puts His money where His mouth is.
Thanks Z, I think the next 2 months are going to be great for RCKE and Red Arrow share holders. And hopfully CGFI gets there permit andd starts working there mill.
Mark Mark Mark
Who should i believe Rocky Emery, Mark Harrignton, Craig Liukko or you?
Thats a no brainer.
You have no horse in this race. Go to CGFI site and see if you can find someone to agree with you.
I hope they get there mill up and running then everybody wins. Whats wrong with that?
You have no trust in no one (thats a pretty lonly place) you must have been burnt in the past.
If what you say is true call the SEC and report them.
Lets see if they sell some of those high-grade concentrates.
That should get a little cash in the pocket.
Theres gold in that ground just got to get it out.
They have come along way in the first 8 months.
Working on the 51%. Said they have the ability to buy from individual Red Arrow holders, may have already started.
Boy will that open a can of worms.
What about the buy-out of the 51%?
Why won't the playback work?
How did the conference call go I missed it and the playback number put you on hold forever.
Did they say anything about the drilling results or the buy-out?
I wonder if that $4,000.00 sale was what they consider gold bullion sales. (hope not)
I see the post Marktwain thanks i was looking for it.
Maybe someone should ask on the confrence call I won't be home or i would. I will have to listen on the replay later.
prior press releases? wasn't that gold sold in july and august?
Notification that Quarterly Report will be submitted late.
Is this a typical action?
Do they want to wait for Monday?
Thanks Z I allways believed positive people live a better and longer life.
Besides if its a scam someone will go to jail or karma will bite them in the azz.
The 10-Q is due and I think it is going to be a good one.
The monthly report is coming out soon and it will be good.
The buy-out will happen soon and that will be good.
And you will tell all the bad stuff so what else do you need.
Why do you belive people at other sites like (CGFI) and not what RCKE says? They (RCKE) are responsible for there news not other people on other sites.
About Steve Fearn?
Is he in on the scam?
I am not certain how Steve Fearn fits into all of this as he is listed as a member of APG's Geo-Tech team. Incidentally, the Red Arrow Mine currently operates under a 110(2) Limited Impact Permit with the DRMS. Infrastructure and refining aside, I don't have to tell you the massive time and expense required to upgrade to a 110d DMO permit; the required permit that would allow RCKE/APG/Red Arrow to construct a 200 ton concentrate mill.
Asking people on cgfi site is not doing your homework.
Did you ever get a answer?
You could be a little positive marktwain.
It's going to be a good week for RCKE.
The 10-Q is due 35 days (it used to be 45 days) after each of the first three fiscal quarters. There is no filing after the fourth quarter because that is when the 10-K is filed.
So it should be by the 15th of August.
What has Mr. Joel Gold done for RCKE?
Where is the month end up-date?
How about a report on the drilling results.
What happened to the buy-out?
Starting to get the doubt train going.
No news is not good news.
I call it up 43.75%. Thats real.
Maybe they should call it a mid month update.
It makes me feel better.
What does it do for you?
And why do you care if you are not invested?
Go to CGFI and post on there site.
Hope they don't wait for 2 weeks to give a update.
Wonder how the drilling is going?
435,708,820 sold at cgfia thats better?
Just what I like to see. Gold going up and oil going down.
Now if RCKE would take a BIG jump up.