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.
BINGO!
JMHO of course.
LOL! imanjen13 if it was a failure, why are you still here?? You don't help us any. After all these years, and you're wasting your post on this failure. IMAGINE THAT?
Hey Mad-B. I agree, and I like your spaceship. I'm on board on it, and hope we do take off "where no man had ever been before!"
Supaninja, I agree with you. I'm not buying anymore at this level until we get that approval on the mill.
THAT IS HUGE WITH A CAPITAL H!
Gr8t post Mr. Long! Thanks! CBAI is well positioned. Got all the ducks lined up, and ready for take-off. It's a beginning of a new era for stem cells in the US, and CBAI for the world!
I want to personally thank Locksflooring for doing a great job this 2010. Everyone have a Happy New Year!
Good stuff Tosca. We thanked you. Happy Holidays to all!
Correction:what I meant was .00005 not half penny.
Yeah, I was hoping to get half a penny but was not lucky.Thanks Newnubie. GLTY and to all!
Strange? I bought 2 mill near the close for the hec of it, and the volume did not show it.
That'll will sure knock me out w/a feather!
As always, I don't listen to any IDIOTS!
???????
Hogdog,did you sell all your shares in time? Did you get out before knowing it's a "Dead Duck"?
Current state of Franklin Mining's website.
My analysis is that Petty is obsessed with that mountain in Bolivia. At the home page shows that lone mountain waiting to be mined and conquered. It has been close to 5 years now, and has remained untouch by FMNJ. I beleive Petty is showing us that he is focusing on it really hard as everything else went out of the picture. All were gone on the website except for that one picture of that mountain, the Escala mines! GLTA!
Bolivia and Peru just signed a pact this October 2010.
BTW, C6lover good comment on Billy.
As you know, Bolivia is landlock, and can only use Chile's port to export stuff which at times very limited and quite expensive. Now, the new pact with Peru has expanded Bolivia's ability to export, namely raw materials from mines. They will build a multi-million dollar port just for Bolivia. President Evo Morales said that Bolivia will be ready to trade with the world!
http://www.bbc.co.uk/news/world-latin-america-11595368
C6lover, you're right about Petty being loved down there. He has all the right connections. It would just be a matter of time. IMO.
The truth is out! Through PRRY. Checkout the awesome progress down in Bolivia!
Planet Resource Recovery Chairman and CEO Kurt E. Neubauer Issues Shareholder Update Letter
Company to Focus on Core Business & Technologies to Commence Significant Revenue Generation in Q4 2010
.
Companies:Planet Resource Recovery, Inc..Related Quotes
Symbol Price Change
PRRY.PK 0.07 0.00
{"s" : "prry.pk","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} Press Release Source: Planet Resource Recovery, Inc. On Friday November 19, 2010, 10:44 am EST
HOUSTON, Nov. 19, 2010 /PRNewswire/ -- Planet Resource Recovery, Inc. (Pink Sheets:PRRY.pk - News) issues a shareholder update letter from Kurt E. Neubauer, Chairman of the Board and CEO. You can listen to it on Planet's website at www.planetresource.net/InvestorUpdate.
Dear Fellow Investor and Shareholder:
We have been extremely busy at your Company devoting our concentrated energies to the execution of our business plan. It has been my goal since the beginning of this year to elevate Planet from an R&D Company to a revenue generating concern. The first half of 2010, we identified our potential revenue streams and invested heavily in our technologies and the development of new technologies that could have a direct and immediate impact on our sales so that we could meet the goals delineated in our 2010 business strategy. While some technologies or business units have been more successful than others, we are still primarily focused on the commencement of significant revenues.
Shortly after the closing of 3Q 2010, I evaluated our progress and the expected additional investments needed to meet our goals. Upon review, I made some decisions that I felt were in the best interest of the Company, its shareholders and shareholder value. Below is a brief summary of our current state of affairs at Planet. This brief summary is to bring you up-to-date.
Company Audits and SEC Filing
We continue to work with our Auditors and SEC Legal Counsel to assemble and prepare all necessary documentation to be submitted to the SEC in the process of becoming a fully-reporting company.
As of November 15, 2010 we posted our financials through 3Q 2010 on the website and www.otcmarkets.com/stock/PRRY/financials These filings were posted on time and put us one step closer to meeting the requirements of the move up higher on the OTCMarkets as a fully-reporting company. A fully-reporting designation will open the door to additional Market Makers and Brokers.
PetroLuxus
We have made new strides with our core product line – PetroLuxus™. The testing by Core Labs to analyze the characteristics and potentials for the use of PetroLuxus in waterflood situations have been coming back with positive results. We previously announced the Interfacial Tension capabilities of PetroLuxus to break down the tension and detach oil from its environment. The above study, along with the demonstration that the addition of PetroLuxus to a standard waterflood would increase recovery by 8 percent, were the first studies conducted.
We have known for some time that if PetroLuxus was allowed residence time in a crude oil environment it would increase recovery. This was recently analytically validated with the conclusion of the latest testing results from the battery of tests being performed by Core Labs. The latest test performed showed that when PetroLuxus was introduced into a crude oil environment and allowed residence time, it would remove up to 95% of oil entrained in the matrix within a four hour period. These results were very well received by Planet. These results lend credence to the next battery of tests where Core Labs will simulate a waterflood situation as in the above test, but allow for residence time of 24 and 48 hours to demonstrate the effectiveness of PetroLuxus in waterflood applications.
Inspar Robotics Technologies
Planet acquired the intellectual property and technologies of Inspar Field Services in early Q2 2010. We acquired these technologies as we saw value and synergies with our business plan. Regrettably, after considerable investment of capital and time, the technologies have not been completed and brought to market within the planned timeframe. Due to numerous setbacks and anticipated need for significant additional capital investment, I elected to wind down Inspar operations and redirect all Planet's capital and energy to technologies and businesses that would have an immediate impact on revenue and cash generation in 2010. I felt this action was in the best interest of the Company, its shareholders and shareholder value. I am in talks with counsel and management to evaluate the best strategy to gain value from these assets. Once this decision is made a press release or a material events filing will be made.
Raptor Ventures, SRL
Our Bolivian antimony mining operations are progressing very well. Since the commencement of operations at the Sorpresa Antimony mine on September 15, 2010 we have steadily increased production throughout the ramp up phase. Our target is to reach 300 metric tons of production on a monthly basis. While we have not yet attained this goal, our ore production is increasing on a weekly basis.
We have set aside the first 300 metric tons for shipment. We are currently in talks with potential buyers discussing the terms of sale. We anticipate receiving our assay samples soon to determine the overall quality of the ore, enabling us to establish a price with the buyer. We anticipate completing and entering into a purchase contract with the buyer in the near future. Upon execution of the contract we will issue a press release which will include the anticipated revenue from our first Antimony shipment.
I hope this brief update has brought you up to speed. We will issue expanded press releases on the above as warranted. Right now we remain focused on attaining our goal of making 2010 our first year of significant revenue generation. On behalf of myself and the staff of Planet we appreciate your support and confidence in us.
Sincerely,
Chairman & CEO Kurt E. Neubauer
Jail? I don't think so. Read the "Safe Harbor" on every PR and disclosures made. Shame on you telling his mother that her son should be in jail.
At least FMNJ's mine is not under water for the last two mining seasons like someone we know. Right Cork?
q8, I'm doing well. Don't know where you've been getting info from, but that is just hearsay or rumors on PRRY. As a matter of fact FMNJ and PRRY had updated their info on Pinksheets, and had filed their Q3, but an interim for FMNJ. PRRY is moving forward to go above the regular pinkies. Your guess is as good as anyone.
Being in a pinkie requires lots of patience, unfortunately. also, remember it's a penny-lotto. You gotta play to win. LOL!
If and when FMNJ finally gets its act together, i.e. the $32 mill financing,and the start of the Escala mines I, II, and III. Then, we can even speculate "2 da moon!". JMHO
FMNJ's JV partner, PRRY has news!
HOUSTON, Nov. 17, 2010 /PRNewswire-FirstCall/ -- Planet Resource Recovery, Inc. (Pink Sheets:PRRY.pk - News) is pleased to announce that the company has completed financial statements for the Nine-month period ending September 30, 2010. The unaudited financial statements are available on the company's website and www.Pinksheets.com.
Planet Resource Recovery CEO Kurt E. Neubauer stated, "The completion of these financials is another step in the process to elevate the company for a higher standing on OTC Markets Exchange. We will continue the process in the most expeditious manner for the filings of the Company. We will publish press releases as these actions are completed."
The Interim Q3 unaudited finacial report is out on Pinksheets.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=39315
The $32 million loan is still alive!
Yeah Semen Lagrange. It's you that is wrong here who does not know the market concept of "buy on the rumor, and sell on the news".
Actually, I've witnessed one penny stock as I watched and sat on the sideline that had a concept of producing alternate fuel during the early energy crisis. They only have one on a drawing board and nothing patented to be sold on the market. I was amazed as it flew up to $4/share from below a penny within a 2 month time frame. This is one of the reasons I got into the penny stocks as I became a true beliver. GLTA!
Boogr Red, gr8t illustration on what CBAI will become! What Mr. Burns on the Simpsons' use to say "EXCELLENT".
abraxx, you and I know they exist. But others don't want to believe or just pretend they don't due to a different agenda. If you know what I mean.
Thanks for sharing. Incredible!
Thanks Roberto. Just accumulate, and load up as much as we can for now, and be patient.
MACH1, great post! Thanks!
ragi, I've witnessed many small mining companies often finding itself merging with another to gain more knowledge, funding, and/or equipment in order to make progress. One example was a formation of a new company from one active partners with two silent partners.
Wwhaat? $2billion worth of GOLD! SNEY has NO DEBT! GO SNEY!
charr, is that right? Only a few months out until full production! Better load the boat with SNEY shares and hold!
I second that, mervini. Now is the opportunity of a lifetime. You don't get lucky like this everyday. JMHO
balamidas, Gr8t job! Thanks for the DD.
Cisco has 6 billions OS, and it's currently at around $24/share! Now with all them GOLD in thar hills, we may become half or close to what Cisco is worth! It can propel us to that when the shorts starts to cover here and there. Plus speculations and evaluations due to future growth. Think about it!
Locks, I hope in the interview Matt will give the projected dollar amount or some kind of forecast on how much this new company will make CBAI. The street wants the bottom line future revenue like how many $$millions or billions$$.
Sierra Gold maybe lined up like this company over there.
Sunergy to Acquire Large Scale Rare Earth Element (REEs) Deposit Containing Gold in Sierra Leone, West Africa in Face of Chinese Global Domination of These Strategic Metals
http://www.marketwire.com/press-release/Sunergy-Acquire-Large-Scale-Rare-Earth-Element-REEs-Deposit-Containing-Gold-Sierra-Leone-1340246.htm
SCOTTSDALE, AZ--(Marketwire - October 25, 2010) - Sunergy, Inc (the "Company") (PINKSHEETS: SNEY) reports that due diligence on the planned acquisition of Allied Mining and Supply, LLC (Nevada) has shown that substantial Rare Earth Elements (REEs) are contained in the 140.1 sq. km. Pampana river concession in Sierra Leone, West Africa.
Assays of heavy black sand concentrates containing rare earths (REEs) in 2009 and 2010, showed quantities of rare earths and other valuable minerals in commercially exploitable grades. Recent assays by ALS Chemex in Sparks, Nevada identified several of these rare earths contained in the heavy black sands along with gold as follows: Lanthanum, Scandium, Thallium, Cerium, Dysprosium, Hafnium, Lutetium, Niobium, Neodymium, Praesodymium, Tantalum and Zircon.
Final documents are being prepared to close this acquisition and plans are underway to finance operations in Sierra Leone immediately thereafter. Substantial gold has also been determined to be contained in the concession. Data indicates gold concentrations ranging from 1 to 18 grams per tonne of material. Fire assays conducted in Freetown by the Company show the gold purity at 89%. Over 500,000 ounces are contained in reports in the top 28% of the 140 sq. km. concession and further testing shows continuity.
The following information is from a recently published article in the UK's The Independent:
"Neodymium is one of 17 metals crucial to green technology. There's only one snag -- China produces 97% of the world's supply. And they're not selling."
Britain and other Western countries risk running out of supplies of certain highly sought-after rare metals that are vital to a host of green technologies, amid growing evidence that China, which has a monopoly on global production, is set to choke off exports of valuable compounds.
Failure to secure alternative long-term sources of rare earth elements (REEs) would affect the manufacturing and development of low-carbon technology, which relies on the unique properties of the 17 metals to mass-produce eco-friendly innovations such as wind turbines and low-energy light bulbs. Worldwide, the industries reliant on REEs, which produce anything from fibre-optic cables to missile guidance systems, are estimated to be worth £3 trillion, or 5 per cent of global GDP.
Once extracted and refined, the rare earth metals can be put to a dizzying range of hi-tech uses. Neodymium, one of the most common rare earths, is a key part of neodymium-iron-boron magnets used in hyper-efficient motors and generators. Around two tonnes of neodymium are needed for each wind turbine. Lanthanum, another REE, is a major ingredient for hybrid car batteries (each Prius uses up to 15kg), while terbium is vital for low-energy light bulbs and cerium is used in catalytic converters.
China, whose mines account for 97 per cent of global supplies, is trying to ensure that all raw REE materials are processed within its borders. During the past seven years it has reduced by 40 per cent the amount of rare earths available for export.
Jack Lifton, an independent consultant and a world expert on REEs, said: "A real crunch is coming. In America, Britain and elsewhere we have not yet woken up to the fact that there is an urgent need to secure the supply of rare earths from sources outside China. China has gone from exporting 75 per cent of the raw ore it produces to shipping just 25 per cent, and it does not consider itself to be under any obligation to ensure supplies of rare earths to anyone but itself. There has been an effort in the West to set up new mines but these are five to 10 years away from significant production."
After decades in which they were considered little more than geological oddities, rare earths have recently become a boom industry after the invention of a succession of devices, including iPhones and X-ray machines, which rely on their specific properties.
Dr Ian Higgins, general manager of Birkenhead-based Less Common Metals, which specialises in rare earth products, said: "There is a threat that in the next 12 to 18 months, there might be some quite severe shortages of these rare earths. That is certainly going to impact those hi-tech green industries outside China."
Beijing announced last month that it was setting exports at 35,000 tonnes for each of the next six years, barely enough to satisfy demand in Japan. From this year, Toyota alone will produce annually one million of its hybrid Prius cars, each of which contains 16kg of rare earths. By 2014, global demand for rare earths is predicted to reach 200,000 tonnes a year as the green revolution takes hold.
In October, an internal report by China's Ministry of Industry and Information Technology disclosed proposals to ban the export of five rare earths and restrict supplies of the remaining metals. Beijing strenuously denied that the document was an accurate reflection of its strategy, saying it had no desire to reduce trade in rare earths. But The Independent understands that the level of demand in China means that supplies of at least two crucial REEs -- terbium and dysprosium -- are likely to be curtailed by as early as next year.
Both Western countries and China are already dashing to secure new sources of rare earths. Last year, Australian regulators imposed restrictions on the purchase of one of the country's richest rare earth mines, causing a Chinese company to walk away from a £400m deal to buy its operator.
European and North American companies are meanwhile racing to open or re-open mines in Canada, South Africa and Greenland amid calls in the US for government-backed loans to secure supplies of some REEs which are used in the guidance systems of missiles and laser-guided munitions. Toyota has effectively bought its own rare earth mine in Vietnam by signing an exclusive supply deal.
The Department for Business, Industry and Skills acknowledged the growing concern in Western capitals. A spokesman said: "We are monitoring the situation, particularly with regard to World Trade Organisation rules. We are working with UK industry to assess the long-term demand for strategically important resources, including rare earth elements."
About Sunergy: The Company is an aggressive junior mining exploration and development Company that is production oriented at the earliest possible profitable opportunity. We control 100% of the 150 SQ. Km. Nyinahin mining concession with a full prospecting license. The concession is surrounded by several operating mines and is adjacent to Newmont Mining's property. This concession has the Ofin river flowing through our eastern portion and there are numerous artisan pits ready for testing and evaluation for near term production. The Ofin river is known for good alluvial gold production. We are acquisition oriented and are considering several projects suitable for near term production.
Further information is available on the Company's website www.sunergygold.com
BTW, Q8 how the hec R U? Let me help U out. Go to post 36780.
Man? Where have you been? Your question is about a month and half old. This was addressed many times over. Look at the old post to get your answer.