is thinking about $$$$$
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It's a slow day all around...A few of my stocks got some action, but other than that ive been trying to focus on GPGD. It took a dip like i thought it would, so i dont see any reason why it wont jump back up...Two cents is very possible with the release of the news today, and i dont think anybody is selling right now as well....Only time will tell i guess...glty
GPGD had sweet news today!!
You should check out the chart, it looks like it's taken a small dip...but it also looks like it's ready to jump up a little higher this time...... I think we might see a pretty good EOD
Grand Pacaraima Gold Corp. Announces Signing of Letter of Intent
Mar 10, 2008 9:00:00 AM
View Additional ProfilesLONDON -- (MARKET WIRE) -- 03/10/08 -- GRAND PACARAIMA GOLD CORP. (PINKSHEETS: GPGD), a London, U.K.-based development stage gold mining company, announced today that the company has signed a letter of intent with Innovative Mining Technologies, Inc. (IMT), a privately held mining company, to commercialize a proprietary, and environmentally safe innovative gold extraction technology. For over a century, highly toxic cyanide has been used in the mining industry to dissolve and extract microscopic particles of gold and other precious metals from gold-bearing ores. IMT proprietary technology was found to be very effective for a variety of ores and concentrates and is extremely efficient in extracting micro-fine gold, a major component in placer deposits. IMT's revolutionary advantages include its ability to extract gold in an environmentally safe and nontoxic process. The IMT Process also results in faster and very cost effective processing and a higher yield in gold recovery when compared with cyanide or other toxic chemical extraction methods.
In accordance with the letter of intent, the agreement between GPGD and IMT will be consummated upon fulfillment of financial due diligence and conditions, currently under negotiation, by both companies.
About Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corporation currently holds the concession for four gold mines in Venezuela : Cerro Trompa, San Miguel, Mosquito and Zapata mines. Metallurgica de Mineras S.A. has previously sampled and assayed these four mines and has determined that there are recoverable gold reserves of 3.6 million ounces and indicated reserves of 5 million ounces. In addition, through an 80%-owned subsidiary, Grand Pacaraima owns oil and gas wells in a 640 acre Oklahoma oil and natural gas field.
About Innovative Mining Technology, Inc.
IMT, Inc. is a R&D and mining company with proprietary technologies in extractive metallurgy. These technologies include the company's Gold recovery technology for the hydrometallurgical extraction of gold from its ores. The technological Process is both non-toxic and more efficient than conventional solvents such as cyanide. The IMT process accelerates the gold extraction rate and may increase gold recovery from its ore up to 90%.
Sounds good...Ill have to take you up on that.
Have a good day.
HMMMM..Thanks for the picks.
Ill do some DD on the companys today for sure.
As you put it, i have high hopes for GPGD. Everyone involved should take home a pretty penny on this one IMO..
Good luck on all your trades TOAD...
Looks like EDLT has taken a small dip today...I think were going to see a big jump in the next couple of days.
http://stockcharts.com/h-sc/ui?s=edlt&p=D&b=5&g=0&id=0
Great volume!!!
Im glad to hear that...Do you have any other picks that our doing well as of right now? Im always on the lookout for more money...lol
Ya i picked up a few shares last week and everything seems to be going great!!...The company put out news today, looks like they signed a letter of intent with Innovative Mining Technologies, Inc. (IMT), a privately held mining company, to commercialize a proprietary, and environmentally safe innovative gold extraction technology. I was thinking of adding a few more shares since this might be as cheep as it's going to get...
Im not sure if i asked this already...What does everyone think of a company called GRAND PACARAIMA GOLD CP ...GPGD..
Looks like a great time to pick up a few shares.
Hey everyone? Slow day today.
Wheres all the money being made today?
I just got home from work, and it's like a ghost town in here...lol...
The chart is looking pretty good, we just need some more eyes taking a look. This could be just the calm before the storm IMO and i don't see any reason why this cant hit 2 cents or more in the next couple of days. Im going to see if i cant get a couple of my buddies to come in and pick up a few shares today for me, maybe see if we cant start something...http://stockcharts.com/h-sc/ui?s=gpgd
Things seem slow today? I thought the word of some news might spark something. Great news though!! Im glad to see they can do something environmentally safe and nontoxic.
It's ok..
Monday is another day. Hopefully news will hit and we should see a jump or two. Im just going to hold for awhile and see where this one takes me, maybe pick up a few more shares here or there on monday if the price is right. This should be one for all of us to make a pretty penny or two on...IMO
Hmmmmmm....
What? LOL..I didnt even read your post..
Im just trying to make some money like everyone else.
It went up quite a bit today you must admit
Oh....well i hope they post it later for ya
Did you see how much it jumped up today? money is being made, thats for sure. But thanks for DD investorguy. Always something to keep n mind. Im glad to see good news is coming out on DKGR, what is it at now? .0042
good things to come IMO.
But i think it's funny, the part about Clayton Smith, our Chairman, got his hands dirty in the Georgia soil. After a few days with rolled up sleeves, muddied boots and sweaty brows...hahahahahahaha. I get a kick out of that. Glad to see hes keeping the three kings alive. GLTY investorguy
What, didnt get filled or didnt post it?
The chart on GPGD looks great..The company is moving forward and so is the share price...With the word of a buyout and rumors of news EOD today, it has sparked a buying frenzy. Now with a new HOD, we should see a nice day tomorrow.
someone should post a chart on this one..
Thats weird it didnt post it...
I called out GPGD when it was at 013x.0135
Now this puppy is at .15x.155 and rising.Great company moving off news and rumors.
Heres one thats blowing as we speak..GPGD is moving strong at .15x.155 ...Theres rumors of news as well.
New HOD people
I know!! Then things are really going to get interesting...weeeeeeeeeeeeeeee
GPGD ripping it up right now.
.15x.155
The stock it moving off news of a buyout and rumors of news hitting EOD..
New HOD!!!!
.15x.155 now
It's showtime..145x.155 2x1..here we go baby
The company is looking good for sure. This should continue to move no prob...
Were getting some good volume, thats for sure. The run should continue..ok here we go...15x155
Yes, listen to bruce...lol
Sounds great to me, I just want to see a nice EOD and ill be happy. Shouldnt take too much to move it.
Damn... whacked..
.0145x.015 2x1
Alright lets keep this moving...were looking good
GPGD GOINGGGGGGGGGGG 1 left now
GPGD doing awesome .0145x.015
1 at .013
1 at .014
1 at .0145
1 at .01
The chart looks great as well. Theres rumors of news EOD and plus the news about a buyout taking place.check it out!!
GPGD 145x15 and moving...
145x15 and rising....weeeeeeeeeee
Im really digging the way this is moving.
I cant wait for this to jump at EOD
GPGD is doing great today, big buys coming in...
145x15 Word of a buyout and news EOD...
Take a look!!
GPGD is one to watch right now. It's paper thin and moving on some pretty good volume. It's getting some love at .0145
.014x.0145 2x1
EDLT isnt doing too bad today, the chart looks pretty good. We just need to move some volume into it to help this thing get moving. 5k and running
HSBC: Gold market will remain strong
HSBC metals analyst Jim Steel expects the gold price to stay strong while the U.S. dollar remains weak and credit problems hinder businesses.
HSBC metals analyst Jim Steel suggested Sunday that the gold market will remain strong throughout the duration of a weak U.S. dollar, credit problems and easy monetary policies."
Nevertheless, in a speech to analysts, mining professionals and other attendees at the Prospectors and Developers Convention in Toronto, Steel warned that a turn to financial normalcy in the second half of this year "could weaken gold."
Steele asserted that although the U.S. dollar is remains under severe pressure, the possibility of a new Plaza Accord could help the dollar. Nonetheless, Steele still believes gold remains "on an upward trend within stabbing distance of $1,000/oz."
The current gold rally is supported by commodity price strength and monetary inflation-and even, rising good prices that boost emerging market gold demand, he suggested. Gold prices are also being reinforced by a sub prime mortgage crisis that has spread into a wider credit crisis, which is causing investment funds to engage in "financial safe-haven buying."
Interestingly, although fund managers cut their dollar short, Steel's research revealed that they have kept their long-term gold positions.
As the gold ETF has proven to be the most attractive gold investment avenue for fund managers, Steel noted that gold ETFs are now being held by "strong hands," which includes pension fund managers. However, he expressed some concern that as gold prices are rocketing, the precious metal could move to a physical surplus.
Steele also suggested that the South African rand forecasts could impact gold production costs of South African gold producers already struggling with the production impacts of the current power crisis.
Presenter Alan Williamson of Galena Asset Management asserted the U.S. dollar has the strongest influence on gold prices and is the weakest on platinum prices. He forecast that precious metals will continue to outperform base metals throughout this year.