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Adams, this has nothing to do with COLOMBIA
If you wish to be informed, as to the state of affairs, for MGMX, then I suggest you read the last 3 months of Posts on this board. This company has ignored it's stockholders for 3 and 1/2 months. We were promised an update at the 2 month point, and here it is 3and 1/2 to 4 months when we find anything out. We as stockholders could have been informed as to the possibilities, months ago. But, NOOOOO!, this company will not even tell you if they are mining gold yet. So, we don't need someone telling us to give them more time. There are more things of interest about this company, that we do NOT know, than a name change and a possible reverse split. This company's silence is responsible for the demise of the PPS. Without information, stockholders have sold their shares at beaten down prices. Don't give us the "they need more time" EXCUSE. The Limited Proxy is and was designed a month ago, to give us a stronger voice in the affairs of this company, long before the name Brownstone was uttered on this board. Therefore, I suggest you do your DD with the previous posts, and then perhaps you can speak from whence you know! This is the time for action NOT words. Submit your proxy form of sit back and take what info they dole out to YOU. Sam Barder.
PROXY DESTINATIONS
Yes, Ken gets a signed copy....but Mary also wants a copy. If you still have the proxy in memory, please send a completed copy to Mary at muleofkintire2@hotmail.com. I, personally, could not e-mail a signed copy to Mary, as I do not have the equipment to add my signature on-screen. However, I did send a copy with all of the other information on it, with the inferred permission for her to act as my spokesman. As it is right now, she does not have proof of support, and there it will lie (or die), unless the members of this board get themselves in-gear. The last thing Mary needs, at this time, is aggrevation. So, if anyone wishs for her to send another copy, send her a Private Post and she will get it to YOU as soon as possible.
TO ALL MGMXers,
I DO NOT POST OFTEN UNLESS I HAVE SOMETHING TO SAY! TODAY IS ONE OF THOSE DAYS. MARY HAS ASKED ALL OF YOU TO SUPPORT HER BY FILLING OUT A LIMITED PROXY FORM AND SENDING KEN LAMB, AND HER, A COPY. IN MY PRIVATE POSTS WITH HER IT APPEARS THAT THE RESPONSE IS LESS THAN FAVORABLE. AS YOU ALL KNOW, MARY HAS HER HEALTH ISSUES, AND CAN NOT BE CONSTANTLY REMINDING YOU THAT IT IS NECESSARY FOR ALL WHO WISH HER TO REPRESENT THEM, TO COMPLY. IT WOULD APPEAR THAT YOU LIKE HER, AND SHE IS WILLING TO FIGHT FOR YOU IN THE MATTER OF MGMX INFORMATION AND DIRECTION, AS YOUR SPOKESPERSON. AND SHE DOES THIS AS IF SHE WERE YOUR MOTHER. HOW IS IT THEN THAT MANY OF YOU HAVE LET HER DOWN? IF YOU HAVE NOT YET SENT YOUR FILLED OUT COPY OF THE LIMITED PROXY FORM, I SUGGEST THAT YOU DO SO. IF YOU HAVE SENT THEM I SUGGEST THAT YOU CONFIRM THAT MARY HAS RECEIVED IT..CONSIDERING THE WRONG E-MAIL ADDRESS WAS FIRST LISTED.
LASTLY, IT IS ABOUT TIME THAT YOU START DIRECTING YOUR QUESTIONS TO THE ASSISTANT MODERATORS, AND TAKE SOME OF THE LOAD OFF OF MARY'S SHOULDERS. THE SIMPLER QUESTIONS CAN BE ADDRESSED TO THE ASSISTANT MODERATORS NOT TO MARY, UNLESS SHE IS THE ONLY ONE WHO CAN ANSWER IT.
NOW MY QUESTION TO YOU (million, rocky 102, negger0, fahad, madison411, adams, hmmmm mj, goldenrod, and welcome home networth) AND ALL OF THE OTHERS IS: "HAVE YOU SENT YOUR COPIES OF THE LIMITED PROXY TO KEN AND MARY"? HAS MARY RECEIVED IT? FOR THOSE OF YOU WHO HAVE NOT SENT THEM IN, I'LL TELL YOU THIS, MARY'S PRESENT SUPPORT AS YOUR SPOKESPERSON IS DEPENDENT ON: FIRST, HER HEALTH AND SECOND, ALL OF YOU SHOWING HER SUPPORT AS YOUR REPRESENTATIVE. TO TELL YOU THE TRUTH, RIGHT NOW, IT DOES NOT LOOK GOOD. FACT IS, WITHOUT THOSE PROXIES, SHE MAY NOT REPRESENT US. AFTER ALL, WITHOUT YOUR SUPPORT, WHY TRY? IT'S FINE TO HAVE SOMEONE DO YOUR BIDDING FOR YOU, BUT YOU ARE NOT GOING TO GET A FREE RIDE. YOU MUST DO SOMETHING!!! A FREE RIDE IS NOT SENDING IN THOSE PROXIES.
IT DOESN'T MATTER WHAT NAME OR SYMBOL THIS STOCK TRADES UNDER. WHAT MATTERS IS OUR COHESIVENESS. IT IS TIME FOR YOU TO ACT, YOU WILL NOT GET ANOTHER CHANCE. SAM BARDER.
Maybe that movie's spelling is wrong:
It should be PYRITES of COLOMBIA. Sam.
Serious things should sometimes be taken lightly
What we are about, with this Limited Proxy, is very serious business. What we are trying to find out is if we have a fox in the henhouse. With the PPS taking a dive and large chunks of stock changing hands recently, anyone who has all or most of their investment money, and future, riding on MGMX stock, could at the very least wind up with a peptic ulcer, or a heart attack.
So, as you ponder all of the possibilities that you investment can be involved in, remember: "If you are not mining Columbian gold (which is yet unsubstantiated), then to keep you sanity, try smoking Columbian gold. After all no stock is worth your health". Sam Barder.
Dryden, .0002 shares are available!
On the 12th of SEP, I noted that the share price of MGMX had sold at .0002. That evening I placed an order for 2,500,000 shares, because that's all the free cash I had at the time. At 0930 hours on 9/13/07, my order was executed. That is the day 44.7+ million shares changed hands. Now that .0002 has been the PPS on and off for a week, some people have placed orders to buy at .0002. It just happens that on Monday, 17 SEP, only 2000 shares came up for sale, a sale of 40 cents that probably had a $10 broker's fee attached. Then again, if the order was for 20,000,000 shares, and that many were sold to this buyer over the course of the entire day, the broker's commission would still be around $10, a bargain. As far as buying at .0002, it is possible but you will have to put your order in for GOOD TILL CLOSED (GTC) and wait for a portion of your order, or all of it, to be filled. And you will pay a broker's fee for all the shares sold to you in each day that you acquire any shares, even 1 share. You are put in line and when your turn comes up you will be sold the next available shares. Today, 1,550,500 shares traded, some at .0002 at just past 1 PM, and lastly .0003 for the close at just past 2 PM. So, as you can deduce, YOU CAN GET SHARES AT .0002, but you must be patient, as I have an order in for another 17.5 million at .0002. lololol. I hope that addresses your doubt. GLTA, Sam
To All MGMXers,
I am not a long time holder of MGMX stock, something on the order of 2-3 months. Most of my shares have been bought from the basement prices available over that time period, mostly at .0003. The reason I say mostly, is that you all know that it has been bouncing between .0003 and .0002 for the last week. For those of you who are long timers now is your chance to down average. Revenge is getting a million shares at .0002 or even 10 million, if you can afford it. Very shortly, I may be in the same position as Ken Lamb or other members of the board of governors, if the members of the board of governors still only have 600 million shares. It only takes $20,000 to buy-up 100 million shares at .0002. Remember, although the board of governors are stockholders, they will listen to someone with 150 million shares, or 100 million shares, or maybe even 50,000 shares. But one thing is for sure, they will listen to Mary if she has a fistful of PROXY forms totalling more than 300 million shares. Every share counts. When the PROXY form comes YOUR way, jump on that like a big bird on a June-bug. Sam. 32,500,000 shares.
Wiserman68 finding information
The transfer agent for EAGM, Signature Transfer, reported the attempt to change the corporation name, corporate officers and address of corporate headquarters in Toronto,... during a telephone call between myself and the agent. All of this info is contained in EAGM posts #7892, through #7908, on 5/22/07.
Another EAGM associate discovered, from the same transfer agent, that the change had transpired, during a telephone call with the agent. All of this info is contained in EAGM posts # 8214 through #8228, dated 8/23 through 8/25/07.
I know that this info relates to EAGM, however if your eyes are open here at MGMX, as to how these slippery Colombian Gold mines seem to operate, you will see that it just might be happening here at MGMX, to your stock and your money.
Sincerely, Sam.
MacFly, That's right, "SISTER STOCKS"
EAGM and MGMX are sister stocks. MGMX is suffering everything that EAGM has suffered, only 6 to 6 and 1/2 months later than us here at EAGM. The PPS has fallen from over $3.00, the PPS has spiralled down to decimal and 4 digits, and now, for the last 2 and 1/2 months, the management is ignoring the stockholders. Yes, I would consider them sisters, sisters in trouble. Sam.
Reply to: prettynpink, Wiserman68
Wiserman68, You were not clear enough to Prettynpink. If these mines are not producing, or close to producing, then there is little to no chance that the PPS will be sustantially affected by a $2,500 / ounce price for gold...let alone $700 / ounce.
Everyone seems content to sit by while this stock stagnates. Your sister stock EAGM just stumbled upon the information that their stock has changed name (and more probably management) to Cayanne Resources, after 9 months of no information from EAGM's management. We are at approximately 2 and 1/2 months with no info, here at MGMX. Are we on the same path?
Last week Mule said that she was willing to represent us, if we are willing to give her a limited proxy listing our legal name,
address, telephone number, and the number of shares you own. How can someone representing us, speaking from a position of concern, if the person on the other end of the conversation (Ken Lamb) does not know how many shares she truly represents. If and when this proxy appears on your screen to be downloaded (printed), I would suggest that you waste no time in putting pen to it, and walking, NO make that RUNNING, it to the post office.
The longer this "STOP SIGN" management provides no update, the more adverse effect on the PPS, no matter how high the price of gold increases. And that's one truth, you CAN take to the bank. Sam.
HAK41, WELCOME BACK MR. KOTTER
Welcome back Helmut. Haven't heard from you for over 5 weeks. Was beginning to worry about you, and the lack of your incisive input to this board. Know that you are busy on other boards. Just wanted you to know that you have been missed, here at EAGM. Perhaps now we can have some real banter as to the state of EAGM.
It would appear that the management from both sister stocks (EAGM and MGMX) are creating the same problem, when it comes to information about, or contact from, their respective companies. I have recently given my opinion as to the state of EAGM in a post, yesterday? What is your take, on the state of EAGM?
SAM.
Reply to: Smilin'B
I don't have the answer to that question. I am hoping that it changed hands and is going to show what I believe is it's true value of 17.5 cents per share. If we are screwed, I'm out $11,200 because I am sitting on 20 million shares. The thing that gives me hope is that a little over a year ago, it started out at over $3.00 per share. I do not believe it could lose that much value over the course of a year, I am speaking of $0.0006 PPS. That's what keeps me going. That is why, I believe, someone bought up 75 million shares in early July. They are hoping that everyone will sell out, and in the meantime they, being the management, can live extremely well on the company's coffers, disguised as an expense account that they have total control over, and that we know NOT the balance thereof.
There you have it. It does not pay to sell even at .001. I'm in there for the long haul. I'm sure they will have to disclose any liquidation, should it occur. In the mean time, considering last year's price, I consider it a high paying CD in the bank that has not come to maturity and that can not be cashed-out, without paying a penalty. Sam.
NO e-address for CAYANNE RESOURCES.
All the information that was received on 5/22/07, is in posts starting with #7892, ..94, ..95. Back check your post library. Since we never were able to contact a human body over the phone, we found no other information on Cayanne Resources.
Sorry that I can not be of more help. Sam.
Correction of Zip Code.
Mississauga, Ontario, Canada, L5T-2K8. SAM.
HOT ALERT!!!!
This is the address given by the last transfer agent for Cayanne Resources, Inc., Corporate address: 12-6730 Davand Drive, Mississauga, Ontario, LST-2K8. And the hottest news is the telephone number which I will leave someone else to try..........(877) 987-8585. SAM.
Trader01,chevy56, sounds like rehash
These theories have already been expressed in post #8088, 7/25/07. There are probably many other theories that we haven't thought of. The only constant that will prove any theory, right or wrong, is time. Sam.
ELTON, speaking of chins,
Have you ever noticed that when you keep you chin up, you have to look straight ahead, because trying it when you look left or right your shoulders get in the way.
There are certain sayings that will get you into trouble: "Keep your chin up", "Keep your nose to the grind stone", "Keep your ear to the wind". All you succeed in accomplishing is to: 1. Leave yourself wide open for a right cross. 2. Injure your now bloody nose. 3. Occasionally wind up with a severe case of frost bite.
Some better sayings are: "Never trust a junior mining companies management", and "Never go past two months with no information, before getting aggressive in getting that info".
GLTA, CYA, Sam.
The voting machine handle
Mule I believe he means where does he vote? Sam.
LET'S SEE - HUMMM..ANYTHING OF INTEREST???
As a matter of interest there is. I have been monitoring the DOW Industrials moving down...down...down...then the Fed injecting more liquidity and the DJIA moving up...up...up. Then the DJIA did it all over again.
What I did was play options on a certain mining stock. Potash of Saskatchewan (POT) has been mining potash for years, and with all the excess corn growing and all the third and fourth world countries growing crops.....this company has been going bonkers! for the last year. The PPS over the last year has gone from $32 to $92 and presently closed today at $86.24, up $2.79 and expect it to be at or above it's previous high, within another month. Yesterday I bought 20 call contracts at an average of $2.34 per sh X 100 sh per contract. Today, I sold at $3.60 for a profit of $1.26 X 2000 = $2520.00. All that happened at 12:21 PM.
Immediately, I took most of the proceeds and put in another order to buy another 20 call options (PYPHQ) at $2.50, for $5,000.00 invested with OTA (One Triggers Another), a second order to be initiated, after the first order is executed. So, after it was bought at $2.50 it would immediately be put up for sale at $3.20 X 20 contracts X 100 sh per contract. Then, I left home and went shopping and got home after 4 PM.
At 12:48 PM my 20 contracts were purchased at $2.50 and at 15:56 and 15:57 PM, 10 contracts and one contract wer sold and I am still holding 9 contracts. The 11 sold contracts made a profit of $770.00. All executions cost me fees. Tomorrow I will do the same, as long as this stock market goes up and down like a roller coaster.
POT is an outstanding company. It is in the mining business. Cramer would not bless it when it was at $79.50. He did make this statement about companies that achieve $80 status, "they nearly always go to $120, and at $100 the stock becomes "ANNOINTED" by wall street as a staple". I believe POT, the non-smelly fertilizer company is an alternative mining location while I wait for GOLD to make it's future run at $2,500.00 per ounce.
So, I guess there is something of interest if your account allows you to buy and sell simple "call" and "put" options. I haven't found any easier money to make than options. However, if you buy POT shares outright, you still can not lose. No country that I know of has given up eating...or the growing of crops. Although this stock fluctuates with the DJIA, It is recession proof, depression proof, and sub-prime mortgage proof. Need I say more. Sam.
UPDATE for Trader01
Trader 01, If you want an update, click on an underlined samgj2006, and read my EAGM posts, from 7/19/2007 to present. SAM.
WE ALL TRIED TO BUY AT .0006
I had an order in at .0006 till 2 PM. I changed my order at 2 PM to .0004 after someone started buying at .001` and later at .0008 and finished at .001. At 2 pm I put in another order for some MGMX at .0003. I intend to stay at .0004 for EAGM. That is where it was when the Big Buyer arrived and I feel their presence is still with us. So let them buy. I have a respectable amount of EAGM and soon I'll have just as much MGMX. There's more than one basket to put your eggs into. SAM.
DESERTDIRT - NO STOCKS BELOW .0001 PPS
That is the official response of TD Ameritrade staff. However one of the old heads there said he remembered a stock PPS of less than .0001 many years ago but couldn't remember the name. The old head said it is possible to put in a five digit bid if you can find a broker to take it. TD Ameritrade will not take a decimal then five digits order for buy or sell. The old head said if you find the right broker he can call in a five digit order such as a buy for shares of EAGM at.00058 instead of .0006. The present automated system does not permit lower than .0001 nor a point & 5-digit order. There you go...hope that answered your question. SAM.
chevy56, THE BIG BUYING SPREE IS OVER!
I believe that the BIG BUYER is finished buying in the short run. Even though I paid .0009 yesterday, I would only offer .0006 today. The big buyer drove the prices up, and as long as the little share holder is only willing to offer .0006, then those who wanted to sell at .001 will have to adjust their sell price. It is a good time to pick up shares at .0006 or less until we get another BIG BUYER or hear more from EAGM or about Cayanne or GOLD goes hog wild! SAM.
AIMGATOR...YOU HORSE'S PITOOT!
You just do't get it. Attempting to belittle me or Vagabond does not make you a "Better man" in the eyes of anyone!! You have your strategy and terminology and we have ours. We didn't ask for your definitions, don't try to dissect ours.
SAM.
YES 10 Mil can be bought cheap
But if the company continues to ignore the stockholders correspondence then you could be looking at 0.000,003. That is the effect of not being included in the loop. 0.0003 may seem cheap now, but without words of encouragement from the management, this stock will go into a PPS tail spin, with shareholders jumping off with their parachutes before this machine crashes. SAM.
SORRY PINKY, OUR BUYER IS ON BREAK!
I filled my 236,000+ order at 0.0009 after our BIG BUYER took a break from buying at 0.001 at 10;52 AM Thursday. Maybe they will be back or maybe they got in line behind me for some 0.0009 stocks. Sorry I lowered the price, but I had to fill in this odd amount to total 20 Mil even. SAM.
Effect of the Stop Sign
You go to the new car dealership to see the new models. The salesman hasn't got a model of the car you were interested in buying. He can"t tell you the wheelbase distance or the size or horsepower of the engine. Hell he can't even tell you if it runs on gasoline, diesel or ethanol...or if it's a hybrid. Fact is he doesn't answer any of your questions and forget about an e-mail return or getting him on the phone. Would you buy that model sight-unseen, undescribed???? Is this what MGMX is becomming??
This is what has happened to your sister stock EAGM. All it does is drive the PPS down, because stockholders become dejected and sell out at a loss. Ken is doing the same thing to MGMX, whether he wants to or not...the outcome without communication is devastating. "Contact and response to the stockholder is priority one". Mining stocks are notorious for violating this rule. You have every right to get in touch with Ken and get answers. Don't wait eight months of being ignored like EAGM stockholders have been subjected to. SAM.
Effect of the Stop Sign
You go to the new car dealership to see the new models. The salesman hasn't got a model of the car you were interested in buying. He can't tell you the wheel base distance or the size or horsepower of the engine. Hell he can't even tell you if it runs on gasoline, diesel or ethanol....or if it's a hybrid. Fact is he doesn't answer any of your questions and forget about an e-mail return or getting him on the phone. Would you buy that model sight-unseen, undescribed.
This is EAGM, would you buy it????? SAM.
mstep - EAGM STOP SIGN CONFIRMED!!!
Go to www.pinksheets.com and hit the quotes tab. Enter EAGM or MGMX and you will see the STOP SIGN. SAM.
STOP SIGN CONFIRMED!!
You can go to www.pinksheets.com and look up any and all pink sheets under quotes. I hav only found one pinksheet that didn't have a rating, there may be more. However EAGM and MGMX have the Stop sign next to their Alphabetic designation ( i.e., MGMX or EAGM) SAM.
1 AUG 2007 BAD NEWS.
Would appear that EAGM and MGMX have received the STOP SIGN designation due to a lack of information. The thing is both of these stocks are keeping us in the dark and deserve this rating. If you see this sign you should NOT buy the stock. If you own this stock you should NOT buy more until they post a better sign. SAM.
1 AUG 2007 BAD NEWS.
Would appear that MGMX and EAGM have received the STOP SIGN designation due to a lack of information. The thing is both of these stocks are keeping us in the dark and deserve this rating. If you see this sign you should NOT buy the stock. If you own this stock you should NOT buy more until they post a better sign. SAM.
Guess I am officially MGMX Forum member
Over past Thurs., Fri., and Mon. I have purchased 10 Million shares of MGMX. You guys over here were having way to much fun. Saw EAGM fall from .0009 to .0008 this morning so I bought 100,000 shares at .0009 to show whoever is buying it up they would have to go higher. They started buying at .001, so I guess a little reverse psychology does work. Hold on tight for the OTC pink sheet symbols due out tomorrow. That's all folks!! SAM.
Had I known
chevy56, If I had known you were going to drag my EAGM post over here to MGMX, I would not have posted their own edition. lololol. At least it is nice to be quoted. Thanx, SAM....
PRICE OF GOLD SOON TO RISE
Wouldn't we all like to see the MGMX PPS rise drastically? That is what happens to gold mining stocks when the price of gold rises. And the comparative rise is NOT linear. If gold goes up 50% the PPS could go up 1000% or more. What are the chances of this happening soon? EXCELLENT!!!!
The US Dollar is at an all-time low. Fed Chairman Bernanke (SP?) will not move to correct this problem by raising interest rates. He fears that if he does the housing market, which is already on the cliff of disaster by low cost Adjustable Rate Mortgages, may crash. In addition to ARM(s) percentage increases are the uncredit worthy mortgagees that really did Not qualify for a standard 10-20% down fixed-interest 30 year loan. They got their loans with nothing down at a slightly higher rate and can not keep up with the payments. They have nothing to lose by walking away from their mortgages. To top all of that off, Bernanke is waiting for the opportunity to cut interest rates to save the home builders and give the banks some time to get more quality loans on their books to counterbalance the poor ones of the past 2 years. This non-action or lowering of the rates is going to kill the value of our dollar. All central banks have been unloading US Dollars for quite some time now. Soon the standard (GOLD) will be pushed up in price, maybe as far as $2,500 US Dollars per ounce. Even if we don't get that high, remember that the price of mines and mining companies of gold, will increase exponentially. MGMX and EAGM should do extremely well within that situation. I believe this will all take place by 12/31/2008. That's my prediction. SAM.
PRICE OF GOLD SOON TO RISE
Wouldn't we all like to see the EAGM PPS rise drastically? That is what happens to gold mining stocks when the price of gold rises. And the comparative rise is NOT linear. If gold goes up 50% the PPS could go up 1000% or more. What are the chances of this happening soon? EXCELLENT!!!!
The US Dollar is at an all-time low. Fed Chairman Bernanke (sp?) will not move to correct this problem by raising interest rates. He fears that if he does the housing market, which is already on the cliff of disaster by low cost Adjustable Rate Mortgages, may crash. In addition to ARM(s) percentage increases are the uncredit worthy mortgagees that really did NOT qualify for a standard 10-20% down fixed-interest 30 year loan. They got their loans with nothing down at a slightly higher rate and can not keep up with the payments. They have nothing to lose by walking away from their mortages. To top all of that off, Bernanke is waiting for the opportunity to cut interest rates to save the home builders and give that banks some time to get more quality loans on their books to counterbalance the poor ones of the past 2 years. This non-action or lowering of the rates is going to kill the value of our dollar. All central banks have been unloading US Dollars for quite a while now. Soon the standard (GOLD) will be push up in price, maybe as far as $2,500 US Dollars per ounce. Even if we don't get that high, remember that the price of mines and mining companies of gold, will increase exponentially. EAGM and MGMX should do extremely well within that situation. I believe this will all take place by 12/31/2008. That's my prediction. SAM.
THANK YOU VAGABOND!
Yes it does eventually sell at the bid but only when the bid comes up to my ASKing price. So I sell at my LIMIT ORDER ASK. If the bid is too low, it sits there until my ask is met. It is the best way to sell at your price, not this invisible MM's. .........................SAM.........So,.................LOVE MY ASK, amigator and by the way KISS MY ASK!
Almost got a million shares,
before the ASK and last sale price reached 0.0009. I can account for 963,333 shares. No matter how many transactions TODAY take place for me by my broker, in trying to acquire as many shares as he can get for me up to 7.4 million, it only cost me $7.00. If he does not fill my order TODAY, then the NEXT DAY that he acquires shares for my 7.4 million total order will cost me another $7.00 and for every day that he buys for me until the order is filled. SAM.