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Yea but i would not hold my breathe
Just looked at their last 10-Q and saw this:
On June 6, 2006, the Internal Revenue Service filed a Federal Tax Lien at the Jefferson County Recorder in the State of Colorado in the amount of $29,321. The Company has not satisfied the judgment.
On June 29, 2007, the Internal Revenue Service filed a Federal Tax Lien at the Jefferson County Recorder in the State of Colorado in the amount of $1,983. The Company has not satisfied the judgment.
On June 6, 2008, Mark A. Shoemaker filed a Civil Judgment at the LA County/Recorder of Deeds Court in the State of California the amount of $37,721. The Company has not satisfied the judgment.
In June 2009, James Tufts filed a complaint at the Small Claims Court in Jefferson County, Colorado in the amount of $4,000 plus expenses from a London trip. The Company has not satisfied the judgment.
On June 26, 2009, Enterprise Leasing Company of Denver filed a Civil Judgment at the Jefferson County District Court in the State of Colorado in the amount of $78,178. The Company has not satisfied the judgment.
On August 17, 2010, Banc of America Leasing filed a Civil Judgment at the Oakland County District in Troy, Michigan in the amount of $24,002. The Company has not satisfied the judgment.
On September 23, 2010, Liberty Acquisitions filed a Civil Judgment at the Jefferson County Court in the State of Colorado in the amount of $3,300. The Company has not satisfied the judgment.
On February 10, 2009, Centennial Credit Corporation filed a Civil Judgment at the Jefferson County Court in the State of Colorado in the amount of $967. The Company has not satisfied the judgment.
On August 29, 2011, the Company had a court hearing concerning a litigation filed by The Park III related to unpaid rent according to our lease agreement. The District Court of Boulder (Colorado) entered a judgment against the Company in the amount of $77,000. The Company has not satisfied the judgment.
Not every promising with that many judgments against a company.
i would not say anyone has their foot on the stock when the company really has not done anything. Think it is more related to the total lack of information coming from the Company.
It would be nice if they provided an update but I am guessing they don't have any news to provide.
There is no way to really find out since they are not a reporting company and there filings on OTC are not complete
Guess we are just waiting for something to happen
Interesting if that is true. Just wish there was more public info available
Anything new here?
It is the same story for almost a year now. Just waiting for something to actually happen
Simple - someone asked about an update on Facebook and the company responded with the press release.
http://www.facebook.com/permalink.php?story_fbid=510253519027012&id=244666725585694¬if_t=wall
No just nothing interesting going on I guess
It all depends on the cash required. Also, their equity does not mean much to me since I cannot tell how much of their personal actual cash they have used to get to this point.
Have they said how much it will cost though? When a company does not state what they have access to in gold but has to use an entire region that is a red flag. Then when the file their quarter update but don't include their financials (which would have been unaudited) that is another red flag.
Not saying they are not trying to make it work but there is simply not enough information based on their filings to determine what is really going on
Not really. It does not state what their tailings are worth. They are referring the entire region. Also, they don't mention what the cost of the plant will be and how they to finance it. And lastly they didn't even file their financials in their quarterly filing with OTCMarkets.com so I can't even see how much cash they have on hand.
Those are just a few facts that make me nervous about this stock not to mention the info that has already been posted.
Really? Curious when was the last time you were in Peru?
Traders getting rid of 5 million shares at the bid on 10 mins - it happens but it is still thin going back up to .007 (IMO)
Nothing wrong with taking profits
My read of their disclosures says around 20 to 25% - so that would be 2.5 - 5.0 million per year
I doubt that you are right but lets assume you are and they do that and grow the business like the Company expects (and has so far) then that would be between 12-24 million a year in revenue or $.006 - $.012 share.
Those that know how to trade were doing that
That is true
Wow you nailed that one!
lol!!!!!
What promoters? You were the one who said there were here so why ask us?
What happens if the asteroid hits the earth on February 15th even though NASA says it won't?
Appears that the shorts are getting nervous.
Not sure what positive activities you are referring to
Does not really matter if there is no volume
That is true. This year could be a good in Suriname.
I didn't but I also never said I doubted they had one like you did. So, again what happen to your comment on the 29th? Not huge news now since the Company has one now?
Curious though what happen to your comment on January 29th"
"Add a Stone crushing Plant to your list. Huge News if there is one on Suriname Site."
Guess it is not huge news since they have one.
You were the one saying that you doubted the Company had a stone crusher in Suriname and now they company has stated that it does. Once again you were shown to be mistaken and are not happy with anything.
No you don't - just like saying thought they were already mining when you know the company is mining in Peru but has always said it was couple months (3-9 weeks) away from mining in Suriname.
It would be a great idea but I doubt they would be able to something like that though.
Not saying that at all. I'm saying if you know how to trade you can make money from this stock and reduce you cost basis in you long position to the point where your long investment has a zero cost basis. That is how you take a long position in an OTC. This company tells you what it is doing with the press releases and allows you to make money if you know what you are doing.
That sentence is why people don't make money.
I would like the Company to offer that. Think it would be great.
Honestly I don't care - they had 50.1% of the votes and no reason for the expense. I would bet that Ford did not have 50.1% of the votes and therefore would be required to ask for you votes per SEC rules.
Yes everything is priced in troy ounces which is 31.1 grams. Not sure why this is an issue unless a person didn't know that gold was priced in troy ounces which is that person's own fault for not knowing that.
One of us should ask the company about it. $12.99 would be cheap for a 10g bar. I would pay it.