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.
Just as I predicted (and many on this board reamed me for it) last week....update delay. This is a troubling pattern imo.
Have there been buys at $.0002? I don't think so.
I know I've personally picked up a few shares at $.0003.
I have been very critical of Ted's "updates", but at least he didn't leave us hanging not knowing what was happening.
I'll stop my barbs at him; and hope for the best from the Assay Reports.
I own GNCP-the greatest stock on the planet!!!!
WE ARE UP 50% TODAY!!!!!!!!!!!
WE GET DAILY UPDATES ABOUT OUR UPDATES BEING UPDATED!!!!!!!!
This whole thing is becoming a farce.
By my count...this is the 3rd specifically stated time that has been missed by management. Not good.
ospreyeye, I agree 100%. It has gotten to be comical...the updates about when the updates will be updated...lol. All you can do is laugh at it.
I learned when I was young that you never make promises unless you have control over a situation. In this case, I suppose the Geologists said: lol, yeah right Ted. You'll get them when you get them.
Ted doesn't control these guys.
My point is that they always have an excuse.
I don't understand what takes so long for the Assay Reports. Anyone can cut and paste.
WealthyKing, On Monday, you "guaranteed" the Assay Reports this week. You reamed me when I said they would probably be late.
This is just another example of the Company making excuses.
It's getting real old...real fast.
How much detail is expected in the Assay Reporting?
I have seen some that are like a book. (It's like a foreign language to me...but there were lots of text and lots of tables, etc.).
Do we have any Assay readers or fledgling geologists on the board?
Thanks.
ps.....Will we just get a summary?
Unbiased, Excellent post! I'm trying not to whine; just concerned about the number of shares that are "out there" right now. We had volume of 109 Million shares today...and it seemed slow compared to other days we've experienced recently.
Again, great post!
Are you serious? I would not consider 4,000 shares at $.0001 to be a "giant Flushing". And, it's not a tax write off either...imo.
I believe it's just some shares being moved around by money managers.
No reason to get excited................
i thought you were only going to post at night on this board...
That was my intent. But you never know when we will receive another one of those magnificent updates!
OK, my bad. Somehow I read into the post it was After hours. Cut me some slack; I'm a 5th Grader
Like I said, my original larger buy-ins were made when the float was lower. Have concerns; but not enough to sell at this point.
Like I said, my original larger buy-ins were made when the float was lower. Have concerns; but not enough to sell at this point.
You mean the next PR about.....the next PR?
I have bought (and accumulated through yesterday) this stock for a number of reasons. At the top of the list was the low float.
That is getting blown out of the water.
Like I said previously, I understand the debt being converted to restricted shares. That is what is needed now and makes a lot of sense.
But, where are all these large After hours trades coming from?
The purpose of this board should be to get many unvarnished opinions and informative posts. It should not be just having everyone else think the same way and cheerleading managment and the stock......Just liking posters because they make you feel better about your investment is a mistake imo.
We have to face facts here:
--1. We have been getting a crap-load of communication from management. About their plans. Never about what they have actually done. They have not done diddly pooh imo
--2. The PPS is cratering.
--3. Everytime you turn around the float is going up.
--4. Their website shows a picture of the most beautiful huge office building next to their New York address. 3 minutes of DD..and you will find that they don't have a New York office. They have a mailing address at a dumpy brick 8-story building.
I could go on....but if you don't like what I've written...I'm sure you've tuned me out by now.
The company should not need to release a PR written as if it was in reply to a Third grader.
How about 5th Graders like me?
Leghorn, Henery Hawk and I are very tight...don't give a hard time...lol
How were you informed? By being told something you already know?
Here's an update for you: The sun will come out on Friday. And it will set later that day.
I think Ted "Chatterbox" Blom just likes to see his name on updates. There is no other reason to keep producing this superfluous nonsense updating us about updates......
LOL...I saw there was "NEWS" for GNCP. I laughed and said to myself: 'watch this....it's going to something meaningless again; about something they plan to do'.
I was right.
Update about an update. This is getting stupid.
Whoops...should be zero volume for 12/05/2013. I have 12/06/2013 listed twice....
I agree. This is a long-term hold. It will take some time.
You're right...I log onto the board and I see posts about ".0008's are up!!!!!!!!!!!!!" "Thin on the Ask"!!!!!!!!!!
I actually should not even look at this board during the day..just take a look at it each night.
Guys, have you noticed the picture of the impressive office building on GNCP's website? Here is the link:
http://www.gncc-capital.com/images/page7_img2.jpg
I e-mailed Ted Blom and asked him to remove this photo because it is not the New York address given for GNCP. If you google the New York address for GNCP...it's an old run down 8-story brick building.
Here's BGL's trading volume last 3 days of last week:
12/06/2013 0 shares
12/06/2013 0 shares
12/04/2013 2,000 shares
Not good.
2,000 shares at $.02 = 40 Bucks
He's been a tad tardy with his last few filings. We'll see.
Remember, I'm the same guy who told this board back on Dec. 5th that there was no hurry to buy shares before the "comprehensive update". I said you could buy them next (this) week.
It's not obvious to me. And, my feeling is bolstered by the fact that you are not able to provide us with a link regarding an "active court case".
Jimmy40 had an excellent point earlier.....for those that may be selling SRGE this month to get a tax loss....it may be possible to pick up their shares at very low prices!!!!!!!!!!!!!!!!!!
I don't think you can be sure that we will see them this week.
They are expected...but I would not hang my hat on that.
The footnote says nothing about an "active court case". It states that they are "still in the process of protecting its interest....".
This does not necessarily mean that there is an "active court case".
Here is the significant part of that disclosure from the 8/31/13 "financial statements".....I use quotes because I feel the statements are misleading.
As at August 31, 2013
….. the Company is still in the process of protecting its interest in the Cinco Minas and Gran Cabrera mining properties in the Mexican courts.
A ruling in favour of the Company by the Federal Court will affirm the Company’s ownership interest in the mineral property and amounts will become due in order to put the concessions in good standing; however as the amounts are no t determinable no accrual has been recorded in these Condensed Interim Consolidated Financial Statements . Should the ruling be in favour of the defendant, the Company would be required to recognize an impairment charge on the property for $10,104,640.
I'm confused. Did we ever get the filing on 5% shareholders?
How do you know it is an "active court case"?
I think Ted needs to spell this out. i.e. as far as the Past/Present Note Holders: As of this minute.......Who has shares? Who has still has notes?
I thought the October filings (remember them? One right after the other for each debt holder) took care of all the debt.
Like I said, Ted needs to make it clear where we stand at this moment in time.
No problem Jimmy40....it seems like it should be 2001 to me anyway. Don't know where that last decade went.
Looking to pick up some shares this week.....
Is anyone getting SRGE shares at $.0003 & $.0004??
EarnestDD is correct. There is no Cease Order to Trade against BGL. The information linked on this board is just describing their intended Private Placement.
That's the good news for BGL.
The bad news is that it really does not matter that there is no Cease Order to Trade...the doggone stock does not trade anyway..lol.
Think about it. If BGL really had an interest in Cinco Minas. And, if Cinco Minas is as valuable as many think it is.........Wouldn't this stock trade???????????
But, it doesn't trade.
Listen to the Market....
If the Market is saying that BGL has no interest in Cinco Minas....then who does????????
Lol...that would be SRGE!!!!! (imo)
Back in October, debt was exchanged for shares at $.001. I thought that was all of it....what is this thing saying? Now there are more to convert?
All I know is that it is not clear.
When there is doubt.....stocks crater.
I think Ted Blom needs to stop giving specific times for his filings. He keeps moving the times back. We were supposed to get a filing at 9:00am Eastern last week; and then it got moved to after 1:00pm.
Now, we were supposed to get this filing of stockholders with more than 5% interest the other day...then Saturday, then Sunday...
Why not just say that the filing will be done when it "becomes available"?
I have set a limit order to buy at $.0004 for tomorrow. Do you guys think shares can be bot at $.0004?; or should I move it to the Ask of $.0005?
As far as the filing goes, who knows who owns 5%? There are too many shares out there to know what 5% is any longer imo. Doesn't 5% of 1.1 Billion = 55 Million?
There are some posters here who claim to own more than 55 Million shares. Are they part of the filing? Probably not imo. (This is another reason I never state how many shares I own on a Public message board...it serves no purpose and it can only come back to bite you)