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starting to show some life!!
Bid 10 Ask 25
Closed 15
Any news?
Not too much longer!!!
FOR THOSE PUNDITS WHO THINK MANTIS IS DEAD...
endoman15/31/2010 12:39:30 PM | | 26 reads | Post #28287764 Rate thisclarity
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THINK AGAIN!!!!!
Greetings fellow shareholders and potential investors.....It is a well known tool in business to always try to " use other people's money" to achieve financial success....A builder will go to a bank to build a condo complex, and later flip it to make a substancial profit, and never use a dime out of pocket.....The same applies to the metal exploration business......Two junior companies ( Fieldex Exploration and Probe Mines) so much believe in the two properties(Cree Lake and the rare metal property), they are willing to invest millions of their own money to ultimately prove out what they believe is there. For two other juniors to go as far as investing that type of cash speaks volumes for its respective potentials!!!!
Any day now, results from the 6 core samples originally extracted in 2001, but NEVER assayed for "rare earth metals", and "rare earth elements (REE's)", will be released.....It is anticipated that these results will be so compelling, that Fieldex will be highly motivated to further explore and comprehensively drill that property to completion. REE's are essential for military defence, as in the US military. The US have traditionally imported these elements from China, but the general concensus is for the US to preferably buy these elements from Canada, should more of these properties come to flourish. If these elements be discovered in huge concentrations, needless to say that would be huge!
Cree Lake now demonstrates another possibilty......Sure, only one hole (pentultimate hole drilled), showed assays in excess of 2g/ton Au, but it was over a 15 meter strike length......If Probe finds this property to be extensive on its high assays, this too can become huge!
My understanding is simple......Both companies will most likely drill and drill and drill till definative quantities of the respective metals can be calculated (assuming initial drilling results are positive)......The 3rd/4th quarters of this year have the makings for plenty action.......Is Mantis dead????......Heck no.......Cheers
Call the Company, Robin Ross 416-362-1800 Ext 276
Soon!!!
DLS11, You forgot to add the cash from the optioned properties as well as the value of the shares Mantis is receiving
if the drill results are positive on the optioned properties Mantis will reap the Good Will and it should reflect in the share price
Lets stay positive!!!
QuinnRadio NOT GUILTY reported the truth, He will be vendicated with time. Good day in Canada last Friday, Buying will start soon as news is released
Two optioned properties are to be drilled this month, Hopefully we will get some results
Must be a new deal, on an option basis.PR firm makes no money unles stock goes over .005 and .01. Great for all of us!!!
Indocan Renews With Stock Charter Group
Monitor this Company
VANCOUVER, British Columbia, May 1 - Indocan Resources Inc (OTC: IDCN) today announces that the Company has renewed its Investor Relations Agreement with Stock Charter Group. Stock Charter Group is a full service international investor relations company advising and assisting clients in all facets of investor relations including corporate finance projects. Stock Charter Group's office is located in North Carolina. Stock Charter Group and its principals currently hold a beneficial interest in shares of the Company.
Indocan Resources has authorized Stock Charter Group to explore financing sources to expand its exposure in the Texas oil patch, achieve visibility in worldwide markets, maintaining and fostering a new investor base, create a reliable secondary market, and enter into new capital markets. More can be learned about Stock Charter Group at http://www.stockchartergroup.com.
Stock Charter Group will receive for their services 20,000,000 stock options 10,000,000 exercisable at the price of $0.005 and 10,000,000 at the price of $0.01. The Stock Options will be granted in accordance with the Company's Stock Option Plan and will have vesting provisions attached to it. Stock options will take effect upon the signing of this agreement until the termination of this agreement by either party. This shall be payment for services provided by Stock Charter Group for the next one year. This contract is subject to renewal.
Indocan has oil and gas interests in Texas, Oklahoma, Alberta, British Columbia and Cambodia. More can be learned at http://www.indocan.com.
Company Info: +1-604-929-7224 Jeffrey R Bruhjell, president
Ask @ .40
Don't sell cheap, Soon to have revenues!!!
Don't give up hope, good things come to those that wait!!!
Lets say .14
Should Gap by 9:30
I like the company style, Stock options work for me,Holders will work hard to keep the price high, and the company picks up some cash when they are exercised
Now .08
Can't keep her down .073
Mantis announces PROBE to OPTION THE CREE LAKE GOLD PROJECT, SWAYZE BELT, ONTARIO
Toronto, Ontario – April 21, 2010, Mantis Mineral Corp. (“Mantis”-CNSX: ‘MYN’) is pleased to announce that Probe Mines Limited (“Probe”-TSX-V: ‘PRB’) has entered into an option agreement (the “Agreement”) to acquire the Cree Lake Gold Project, subject to regulatory approval. Pursuant to the Agreement, Probe has an option to acquire up to a 70% interest in nineteen mining claims covering 4,032 hectares comprising the Cree Lake Gold Property. In 2009 Mantis discovered a new gold zone on the property characterized by thick, near surface, drill intersections of low-grade gold mineralization. This style of mineralization is not typical of the Swayze Belt and represents excellent potential for the delineation of a large tonnage, low-grade gold deposit. The project is located in Swayze Township, approximately 195 kilometers northwest of Sudbury, Ontario, and seven kilometres southwest of the past-producing Kenty gold mine. Probe is currently planning its first phase of drilling on the property, to begin as soon as ground conditions permit. Details of the drilling will be announced prior to commencement of the program.
Probe may earn a 51% undivided interest in the Cree Lake Gold Project by making an initial payment of 150,000 common shares of Probe within 10 days of the signing of the option agreement, fund expenditures of $1,000,000, which includes an IP survey and a diamond drill program, issue a total of 1,000,000 Consideration Shares in aggregate and completes and fund an additional 5,000 meters of drilling by April 2013. Upon completing all the payments mentioned above, Probe will have a second option to acquire an additional 9% undivided interest in the Cree Lake Gold Project by paying two million dollars ($2,000,000) on or before April 15, 2014 to Mantis. Probe will have a third option to acquire a further undivided 10% interest in the property by paying three million dollars ($3,000,000) on or before April 15, 2015 to Mantis. Four of the claims comprising the Cree Lake Gold Project are subject to a 1.5% net smelter return royalty in favor of previous vendors.
Highlights
The Mantis occurrence represents a new gold discovery in the Swayze Belt. Recent drilling intersected a volcanic-hosted, quartz stockwork system carrying significant gold values along substantial drill hole widths, which include a 15.5-meter interval averaging 2.05 g/t Au from hole CL09-6 (see Mantis press release September 9, 2009). The zone comes to surface and represents excellent open-pit potential for a gold deposit of the high tonnage, low-grade type.
Follow-up trenching conducted by Mantis immediately west of hole CL09-6 exposed a 50-meter length of intermittent quartz veining and shearing over a 10-meter width. Grab samples within this zone yielded significant gold values ranging from 0.61g/t to 43.2 g/t, with an average of 6.47 g/t.
The property is situated along the Ridout deformation zone, a 130-kilometer long structure that hosts past producers such as the Jerome, Tyrranite and Kenty Mines, as well as numerous gold showings. The area has received recent attention with the identification of thick intervals of gold mineralization by Trelawney Mining on its Chester Gold Project, located approximately 60 kilometres southeast along strike in the Swayze Belt.
About Mantis Mineral Corp.
Mantis Mineral Corp. is a Canadian based resource and exploration company traded publicly under the symbol MYN on the CNSX. Mantis is focused on creating shareholder value through the exploration and development of its suite of strategically located, high-impact Canadian exploration projects.
The CNSX has not reviewed and does not accept responsibility for the adequacy of this release.
For further information: Mr. Robin Ross, Chairman & CEO: (416) 362-1800, rross@mantismineralcorp.com, or visit our corporate website at www.mantismineralcorp.com/
Warm weather here to stay, we should hear news soon re Drilling. Good time to average down!!!
No chance, on the way back up .026
possibly at the close???
Don't give your shares away, we are going to the MOON!!!
Inside Quote Best Bid Best Ask Time of Last Inside Change
0.0024 (5,000 shares) 0.0036 (5,000 shares) Apr 8, 2010
Bring on the .003
0024 are up!!!
I think we will see some good action today, Should bust through any resistence and close GREEN
be careful, Might blow right past $1.00
will take some off the table at $1.00
Thanks, will hold tight
Nice close .40 (or 1.60 pre split) should be .50 by end of the week
Looks like you are correct!!! ASK .30
Hopefully this week!!!
Looking for NEWS this week,could be intereting!!!
Last .043 Ask .049
Looking Good
Just picked up 100000 @.041, Looking forward to Thursday. Easter Bunny will be early this year!!!
Who is going to be first off the mark?
ORRV has a pulse!!! Possible life in the Florida waters
What a day, I am all in for tomorrow!!!
we should be trading in the 20-30 range. Past few weeks deliberate attempt to pick up cheap shares, and very successful. Next few news releases should turn this around. I am holding on!!!