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Cup and handle is starting to look more like a cup and an extended retractable handle used to get your golf ball out of the pond; hope there's backup news...
I'm never taking a trip in your boat, since I know you will probably forgo charting any course. lol I'm not Superstitious, I'm Supernova12
The handle to the $MMEX cup is almost completed; should be today or tomorrow... then it will be time for that cup to be filled! $MMEX
Hopefully we get a good PR abut groundbreaking date this week...and/or something in the 10q that's due out. $MMEX
Great info and yes - the more exposure the better when they uplist to OTCBB...It's definitely doable and within the reach of the company as they are current with their fins. My hunch is they will definitely uplist - the question is will they do it before or after the groundbreaking ceremony. $MMEX
God Speed bears3434!
Translation: WOW! I sold too much, now where's that dang handle? lol
Quiz: Which step listed is most important for MMEX?:
1). Breaking Glass
2). Breaking Ground
3). Breaking Wind
Correct: 2. Breaking Ground
Ground breaking is a major milestone. Just ask the ones who keep saying it would never happen - when it happens. It's where concept meets reality
Knowing that ground breaking was imminently next, I expect this to rebound in the low to mid .02's again sooner than later; then when news hits new interest plus renewed interest should bring this back into multiple pennies
Agreed. Plus, crazy to sell now with next run poised to exeed this last run plus jumping ahead to the actual ground breaking ceremony there will be top business people invited plus national press should get word of it; the effect will be (unlike) any other PRs released so far
.018's up soon
Thanks for your cup and handle explanation earlier. It made no sense to me until you gave me the month...in which case I had to back up to April to see it clearly
Check your chart out since April of this year to see the cup and now recent handle then look at what typically happens after he handle is formed which just happened; here is one example:
https://goo.gl/images/bPM6Ul
It looks like that $MMEX will be text book Cup and Handle chart with ground breaking news imminent!
Absolutely grabbed some this morning from (.0168) and even some at (.0178). Ready for $MMEX to break ground. Exciting days are coming!!
LOL! You are correct...we should get the date and they can invite whomever; and we can hear about the details later...I think they will spend more than $50 though
They said "imminently" which means very soon....(They currently have $3 million from Crown Bridge, which is more than enough to have an $MMEX ground breaking ceremony). They will most likely release the date of the ceremony first (which can be any day now).
Once the ground breaking date is released soon the handle will be complete and this takes off! $MMEX
You did not mention the cup (from April) and recent handle formation in the chart. You did mention the resistance levels, but is not this cup and handle formation pretty significant in the set up of the coming major spike in the stock price - esp. knowing full well that ground breaking is "imminent" and the date of this ground breaking ceremony should be released any time soon? $MMEX
Next up is the announcement of the date of the ground breaking ceremony. MMEX has $3 Million dollars plus more - to be given on an -as needed- basis. The ground breaking date should be announced soon; this date can be given out (anytime) the company sees fit to begin Phase 1 of the building of this project. imo
Well the cup has formed and the handle is close to being completed ... NEXT should be the blast off that everyone here has been anticipating. "Our cup shall runneth over" $MMEX
MMEX is going to start building the refinery!
"while the equity commitment from Crown Bridge Partners, LLC will assist MMEX in financing project development costs on an as-needed basis,” said Jack W. Hanks, President and CEO of MMEX Resources in a release.
So imo they have enough ($ 3million right now) to get started - so ground breaking can happen any day now and MMEX will receive further financing from Crown Bridge Partners, LLC plus whoever else *as they need it!*
http://www.cbs7.com/content/news/MMEX-Resources-Corp-reaches-agreement-as-part-of-plan-for-450-million-refinery-428294033.html
I agree; they said after permits the next step was "imminent" to start building, which means any day now.
(Scroll down in article)
MMEX Resources receives permit for Pecos distillation unit
Midland Reporter-Telegram Published 2:48 pm, Friday, September 1, 2017
FORT STOCKTON — MMEX Resources Corp. has secured permit approval from the Texas Commission on Environmental Quality to build a 10,000 barrel-per-day crude distillation unit near Fort Stockton.
Jack W. Hanks, president and chief executive officer, commented, “MMEX joins with its strategic partners, Trinity Consultants, its environmental consultants, and VFuels, its design and engineering firm, in announcing that TCEQ has approved the MMEX air permit application, allowing construction to begin. The efficiency of the permitting process speaks volumes to the professional approach of all parties in the application preparation and technical review process, including TCEQ staff and administration.”
MMEX anticipates beginning construction of the 10,000 BPD refinery project imminently. The project is expected to require approximately 15 months of construction time and create significant economic impact in Pecos County during its fast-track construction as well as result in full-time positions going forward. These initiatives will also accelerate the potential for cash flow.
http://www.mrt.com/business/oil/article/MMEX-Resources-receives-permit-for-Pecos-12167667.php
My lowest purchase price of MMEX was at .0037 $MMEX
Thank you!
CEO, are we talking coffee or tea cup; because I drink coffee in the morning and tea at night (but not all the time of course, there are other things to drink)
Regarding any OTC tier uplist:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69425119
The Soup's getting cold already ... excellent pick for anyone who got in early when you called it
That would be nice. $LRTTF
More bigger buys coming through just under 50 cents. Accumulation is happening today...get yours whill you can; looks like something is up. Maybe they found a way to mix MJ with Lithium. lol
A 20,000 share trade just went through @avg .478
I see value in LRTTF that can be sold (by way of a buyout) to a larger lithium company or companies looking to meet the increasing demand of the Lithium market; especially after Liberty One Lithium's recent discovery on their land.
LMAO (wish I could though sometimes)
Another min pop before news ... summer time goodies...lol
ANY thougts on those CONvertible notes mentioned in the report today? MMEX - looks like it's top down time in the convertible - lol
SOUP FOR EVERYONE!!
See, I was wrong because I did not consider today that - as someone else said it's Friday and day traders frequently liquidate their shares before the weekend...which isn't always the best move especially if you own a lot of shares and the bid is thin - then we both lose as it drops....but we still closed green at least...Yay!
Yes, it was down early this morning before market and again now (well 10 or 15 mins ago when I checked)