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Also the qualifications for OTCQB have been or easily can be met
https://www.otcmarkets.com/services/companies/otcqb/overview
I disagree for several reasons.
1. If these very low predictions were accurate then anyone (bigger players) in the game would have sold at or around .05 already and moved on to a better and quicker play. They would not tie up their money long term for such a short run.
2. And even if they ( bigger players) desire to jump back in on the news the fact that we are on the most emotional level of all of them would push this much higher anyways.
3. I don't know what your definition of foreseeable future is but you may be right on that. But jumping up a notch on the OTC is not that hard and of course two notches is even better. Then there is getting off the OTC all together would be way more difficult and longer in duration.
Yep, me too. Jack has said a lot of things and they are all coming into play currently. One thing he said that has yet to come to fruition was he wanted to uplist as soon as possible. There is zero reason to doubt that it will happen!
That in itself might make it move a little. Nothing bad was in it, when the negative is eliminated what's left is more confidence. More confidence leads to more buying and holding.
S-1 has now come and gone, next stop? Anyone think the S-1 will have an effect Monday morning?
Yes indeed. We had a run to .05 just for a (at that time frame) non factual backed statement. Even the land acquisition doesn't seem to be as major of a factor as getting the permits.
Then of course you have groundbreaking. Wow, that will send it way up. Then there is the announcement that they are moving towards uplisting, in what part of the timeline this occurs is anyone's guess, but it will definitely help the pps. Strategically, I think after groundbreaking would give the pps the extra little boost.
1. Permits .10-.25?
2. Uplisting .50-$1.00?
3. Groundbreaking $1.50?
OR
1. Do permits move this above .10-.25?
2. Groundbreaking above .50-75?
3. Uplisting over a dollar?
I'am basing this on pure speculation and the past price movements. Uplisting gives us a whole new set of investors. If this was a pump and dump, he should have shot for that first to give it more legitimacy!
What amazes me is how everything was laid out, made public and each step coming to fruition. Yet there are still people jumping ship to chase whatever catches their fancy and scratches their itch.
Friday night and everyone is looking forward to Monday. I would not be surprised if permit approval announced first thing Monday morning. Everything expected of MMEX is being delivered as expected and on time!!
The proper filings just keep coming, what next, the refinery gets built!! If Jack Hanks were to announce he has in the works uplisting, this thing would sky rocket. I really can't think of one thing he said he was gonna do that he hasn't and in a very timely fashion at that!!!
BTW, did you send Sergio that info, also how do we think we could get some info on uplisting and the hiring of a new IR/PR person. We need some insider secretary to gives us the publicly available info. Someone needs to go in there and act like James Bond!!
Right in line with my birthday 1-16, hmmm maybe we'll be over a dollar by then, uplisted and off this cesspool.
So when permits get approved does anyone have a vague idea as to when groundbreaking is taking place?
No news, very quiet all around and price holding up well today.
Yep, I agree. If this is a P&D this has gotta be the worst P&D ever and Jack Hanks sucks at it. He is just accomplishing to many things and spending too much money not to mention him and the IR/PR dept also suck at the pumping. How do they expect to make any money pumping and dumping when they suck at both!! LOL
We definitely need to uplist.!
Too bad we couldn't get this on a national newspaper or news show. Where is the PR/IR dept when we need it?
Where did this article come from?
http://www.mmexresources.com/pdf/BIC_August_2017.pdf
Very well put. I would love to see an article that say " Rail bridge destroyed by fire a long time ago being revamped because of New State of the Art refinery being built by MMEX" That would be an excellent headline. Maybe Bear could send that to Sergio Chappa!
Seems like it, but cant they hide numbers at will and pop whatever they want to at will to suit their agenda?
Yes, I know it is not a negative thing. In fact the exact opposite. I was just curious as this would be even more positive news if they had decided to revamp based on MMEX alone. Are they making the upgrades BECAUSE of mmex? Because that would really put the nail in this for the naysayers.
What wild and unexpected news is in store for us today. The 7 million grant to fix the railroad was very nice and unexpected. So, here is an interesting question. Would they have received the grant if MMEX was not building the refinery and or does the railroad need upgrading if there is no refinery. What's the purpose of upgrading if there is no refinery?
Ok, I'm game, how could we see a dollar by the end of this week? Maybe with Darkpools help!
I bet there are a lot of people kicking themselves for selling yesterday!
You might want to google that yourself.
I had this long post for you but deleted it, but you did call it. You should teach, ( at least me).
Sorry, the riff raff will always jump back in, they're like cockroaches. As long as we are on this pink otc, that's the way it will be.
That's right,I remember now. It was all about the share sale. Thanks! Yes , you would think he has that up his sleeve and that the previous share sale was a back up in case the permit did not get approved in time.
Are we still waiting and or looking forward to the S-1? How does it help?
Like you have said before, a slow continuous upward trend is what we need and are looking for sustainability. This also seems to be the pattern now with the current accomplishments of the stated goals of Jack Hanks.
Thank you!!
Absolutely, so they drill for oil, 50% does go to the Texas school system or wherever but MMEX has a guaranteed supplier and customer for their refinery. Therefore a necessary component for financing already built in not to mention the other suppliers/customers they have lined up. Wow, just keeps getting better and better. Revamping a railroad that fits exactly with Jack Hanks plan. Step by step, Mt Everest is conquered.
I don't know what that is?
Good to see!!
Sorry that EVERYONE else was able verify such easily searchable and verifiable information. Such DD is critical to intelligent decision making. Not being able to acquire the knowledge and skill to perform such simple DD is definitely disheartening. Better luck next time champ!
I was witness to that once. He called the exact number of shares and price then BAM it happened exactly like he said. I was a believer from then on out. But there was another person who said they could move the price at will and NOTHING ever happened. Darkpool, I believe. I could easily learn from him!!
Gosh, it would suck to flip this and news comes out after hours about, PERMITS, financing and the date set for ground breaking. I know I'm stretching on all 3 of those happening.
Yep, but some smart guy just picked up a million or two.
Insert financing in between and this could really go to .25 or higher!
Many,many times stocks shoot up on fear and greed and they tank for the same reason. Here on the in the pinks pps is ruled by such emotions.