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I get what I ask for.
When I buy, I check what the PPS was on the last filled order. If I like the price I put in a limit order to buy at that price. I check later and I have my stock at my price most of the time. When I sell, I put in my limit PPS X the number of shares I wish to liquidate. If someone wants my stock I get my price, if they don't I didn't make a sale. If there is something else going on between brokers, I don't know about it nor care. I pay my broker his fee for buying or selling the order, no matter how many shares. My broker is on-line T D Ameritrade and their $9.99 stock trade price is all I pay. You will note that EAGM has had some movement before and during my writing of this post. I decided not to wait to acquire another 10,000,000 shares at 0.0005 but instead am buying 7,400,000 shares at 0.0007. It cost me $7.00 to make a stock trade for the last two months. They have reduced the cost by $2.99 for those who make a lot of trades. I guess I qualified. The 7.4 million shares I am seeking will give me a total of 25,000,013 shares and that is more than 10% of the float. That's my explanation. SAM. PS. That's how I sell at ask, MY ASK, which is usually the last sale price per share.
Can we Vote down a reverse Merger?
If they want to do a name change with a reverse split, I'm not in favor of a 100:1 reverse split if our buying power into the next generation company (Cayanne) is only 100 times the present share price. There is a lot of money in EAGM's coffers. A .0006 share X 100 EAGM shares = 6 cents. That six cents per new share of Cayanne is diddilly compared to the VALUE in the coffers of EAGM divided by the outstanding shares holders --- assumed to be 17.5cents per present EAGM share, even though the PPS is .0006, and 100 shares value in EAGM's coffers would be $17.50 in buying power towards a six cent share of Cayanne. No, a forced reverse split for Chayenne shares is not in the best interests of present EAGM stock holders. Only if you throw into a pile EAGM assets, and divide by outstanding shares, and offer liquidated company value for those shares. Then you could choose to get liquidated company value for your shares or use that same value in cash to buy Cayanne shares at 6 cents/share. Which value would you rather have $17.50 for a hundred shares of EAGM or a 6 cent share of Cayanne? Duh..!!!
I fear if they control the outstanding stock they might be able to control what we get offered. That's another reason I'M still trying to accumulate more shares. SAM.
Correction: 538 million outstanding shares
Correction to my post #8088, outstanding shares 538 million shares +/- a few.
I have three theories!!
Theory #1. I believe that someone or group of people are buying in after reading our public posts. They see the possibilities with this company. Since the buying has slowed down to about 5,000,000 per day, my questions are: are they running out of money, or do they wish to keep the lid on the PPS until they can no longer get a share for .0009 or less.
Theory #2. I credit this theory to HAK41. It is a possibility that the new company (Cayanne Resources) is proceeding two months behind schedule, to change the name, ticker symbol, and corporate officers....as was reported by Signature Stock, Inc. This is their attempt to gather up shares cheaply for two possible reasons. One reason is that the restricted shares, although they can not be sold until the terms of the restriction are met, may not have a vote. This would leave it up to the voting, float shares.......of which this group, Cayanne Resources, could now already own 75 - 80 million shares.
Theory #3. Just like May 2006, when Orinco gave up ownership of this company to EAGM, many of the people working there have a stake in this company and changed the company name and share structure, i.e. 1:1000 split, to avoid hard feelings between Orinco and original share owners. Now EAGM wants to change it's name to Cayanne Resources and change the officers, and change the share structure (i.e. 100:1 reverse split) to avoid hard feelings between EAGM and the float share owners. These will probably be the same rotating group of original investors that work at the company. I would not be surprised if by completing this change, it would unlock present insiders with stock options and other restricted shares to sell for new shares (unrestricted) in Cayanne. Here's a possible scenario: Four months ago, they came up with this ides, and since the stock price is so low, they made this pact to buy back the company shares at float with the company's money. This way no insider would have to take money out of their pocket to make the share pot smaller. Since they do not communicate with us anyway, the first thing to do would give a certain period of time before this name change, for present insiders to buy up as much as they can at less then .001, then the company would use it's cash reserves to buy up the rest of the float, which would immediately trigger a change in float shares with Signature Stock, Inc. This name and officers change would give present management most of what they want. That is: Distance themselves from EAGM stockholders, noone to answer to, from the future defunct EAGM. Release of restricted shares for sale or transfer for new unrestricted Cayanne shares. Change of the float holders from outsiders to mostly insiders. Dissolution of 590,000,000 EAGM shares and splitting up of cash on hand (considerable - at least 10 cents per share) to outstanding shareholders or conversion to new shares in Cayanne Resources.
This is what could be happening. SAM.
How I sell at the ask
Someone sent me a private post asking how I sell at the ASK? If they had read my previous post at 2:37 PM the selling price was between .0007 and .0006 depending on when you checked for PPS and completed buy orders. When I checked it before composing my post there were sales at .0006. The opening for Tuesday and Monday was 0.0008. If I had decided to unload some or all of my shares at 0.0008 all I needed to do was put up a sell limit order for XXXX amount of shares and my minimum acceptance price of 0.0008. I may not have sold all my shares over those two days past, but for every share of mine that does sell, I am guaranteed 0.0008. You will note that Tuesday, the PPS on sales ran .0008, .0007, .0006, and then back to .0007. I have an order to acquire another 10,000,000 shares at .0005. Maybe I will never get my order filled, that really doesn't matter to me as long as the future PPS somehow gets to between 5 and 10 cents PPS. GLTA. SAM
RECOVERING YOUR LOSSES!!!
I can not guarantee that holding on at 0.0006, until we get better news, will get our money back. Maybe I'm not as bad off as some of my fellow investors in EAGM. I did start buying in early OCT 06 at 0.0055. It is not much fun looking at the PPS paid when we were at 0.0003. But I always liked this company, just don't ask me why because I don't know why! I continued to buy at 0.0018, 0.0012, 0.001, 0.0009, 0.0007, 0.0005, 0.0004. The majority of my stake in EAGM was bought at 0.0005. I average 0.0006 and could have made $3600 yesterday or today by selling at 0.0008 before the buying stopped. I'm not looking to sell at these prices. In actuality I'm looking to increase my holdings, that's how sure that I am that this company has greater worth just on a PPS basis which I believe to be 17.5 cents. I could be wrong, but if it gets to 5.2 cents I am a millionaire. All that I am saying is that the major part of your investment at present is gone, and the only chance to recover is to hold on to your present shares. To give them up now seems like such a waste. Don't YOU agree??? SAM.
Whas Ha-pa-ning!
1. Could it be that our 75 Million share buyer has blown his wad while loading up on EAGM shares? YES!
2. Could it be that, everyone waiting for 0.001 or greater, to sell, now realize that the 0.0008 sale is slipping away and they are presently willing to liquidate at 0.0006? YES!!!
3. Could the PPS drop down this week to 0.0005 then to 0.0004, and then again to 0.0003 bid vs. 0.0004 ask with a sale at 0.0003? YES!!!
4. Lastly, does this bode negatively for the expected-soon good news we believe is coming? NO..NO..NO!!!!!
Guess we'll all just have to hang in there until we hear differently, or you could join the dumpers, which really is not a good option. What have you got to lose?????
Just "hanging", SAM.
ARE WE BEING SQUEEZED OUT?!?!?!
I would like to update my theory on recent volume. As you know, after hearing no NR(s) from the EAGM management for over seven and a-half months, I am skeptical that this is, and has been, a ploy to lower the PPS and then buy it up cheaply. Most of the longs, have owned this stock since NOV 06, and continued to buy when they could on the way down. That is, until they became disgusted with the stagnant low PPS. All this time the company has maintained a tight-lipped attitude towards the stockholders (i.e. "owners"). Needless to say many have sold out prior to this week.
The fact that a company's management does not answer any requests from the owners for information, is completely opposite their primary responsibility. Operation of the company is secondary to informing the owners. They should all be fired. Unfortunately, I fear that there is a concerted effort to acquire all of the float at the lowest possible price. You'll notice that they have not paid $0.001 PPS, at least yet!! The two-day total is over 75,000,000 shares. With the restricted shares being more numerous than the float, and the recent 75 million share acquisition, they determine the direction of this company.
If you think that the value of this company, is greater than the PPS reflects.... you can impede this takeover strategy. Obviously the present big-bucks buyer is getting a bargain, because he (she or they) is willing to pay this miniscule present PPS of $0.0007. You've hung in there when there was no information coming your way. Surely for your own financial wealth, you can hang in there until we get to the bottom of this buying spree and most probably improve your financials at the same time.
GLTA, SAM.
WALLYMAC, I heard you the first time.
Unfortunately I was in the middle of my post writing when someone came to visit. Therefore I did not get the correction that EAGM is still a pink sheet. I also don't answer posts as fast as you.
I still related to my broker that I wanted those reports, and the broker was forwarding my request to EAGM directly. Maybe I'll get my reports and maybe I won't. SAM.
What makes me think it is one buyer!
We go periods of a week at a time without a sale, and when we do get sales it is between 400,000 to 1,500,000 for the day. Today we exceeded our normal weekly buying vent by 50 million. That's what makes me think it is one buyer or group filling one 50,000,000 share order. Proof....NO! Logic....YES!!!! Does that make me right?..NO! Does that make me probably correct?....YES! SAM.
Resuested copies of Qtry & Annual reports
Now that I know that EAGM is an OTCBB stock, I requested from my broker (TD Ameritrade), both the annual and quarterly reports for EAGM. He will forward my request to the company. Guess I'll have to wait to see what will happen....SAM
We have one Helluva new shareholder!!!
Our new stockholder picked up 50,000,000 shares today. That's more than 20% of the float and almost 10% of the outstanding shares. Who ever they are, they will probably have to register with the SEC as a major shareholder.
Something of interest that I did not notice on this board is that EAGM is listed OTC BB. Which means they are no longer a pink sheet. This also means that they must file their annual and quarterly reports, at least to the NASD, and maybe to the SEC. You will note the OTCBB designation above our posts on the EAGM info sheet. I never noticed that there before.
It is highly unlikely that tomorrow will bring the trading excitement experienced today. Somebody or group wanted in because they know what is coming. Looking forward to 0.0003 bid/0.0004 ask by next week. I know a lot of you are sick of holding this stock, but somethings in the wind, and I was always holding out for 17.5 cents per share anyway. Seems like after you've held it this long why sell what is essentially in the basement when it looks like someone was willing to pay first floor prices today. I guess I'll just wait and see if this elevator ever goes to the 99th floor of this skyscraper.
GLTA........SAM.
BID vs. ASK
The bid ask for today is 0.0003 vs. 0.0004, with trades going at 0.0003. SAM.
THINGS TO DO WHILE WAITING ON EAGM
ON 6/11/07 I bought 500 shares, at $0.6891, of a little tungsten mining company. On 6/18/07 I bought 14,500 more shares at $0.9236. My total invested was $13,737.00. It is now worth $1.47 per share for a total of $22,050.00. And the pps is not expected to stop at $5.00 ( which will happen before the end of the year). This is what you can do to pass the time away, which is what I do while my 17,600,013 shares of EAGM remain stagnant.
Now I won't plug the name of this stock on this board, but if you send an e-mail to samgj2006@comcast.net I'll give you info on this stock and another great stock. Also, I will be out of contact for four hours, but I will reply. And by the way, write your name and e-mail address within the content of the e-mail. Do not depend on automatic headings. If you're interested!
Sam (GJ) Barder
Understanding the OTC & pinksheets
I have been doing a lot of research on the Over The Counter stock listings. Seems there are two grades of stocks. All are listed with the NASD (National Asssociation of Security Dealers). Notice that I did not say they are listed on the NASDAQ exchange. No these stocks are traded between dealers. The first class are those listed with the Security and Exchange Commission and are responsible for filing annual reports and quarterly reports. NASD lists these on their Bulletin Board.... therefore the designation OTCBB or just OB for short.
The second class of OTC stocks are pink sheets. EAGM belongs to this second group.....therefore the designation EAGM.PK. This group of pink sheets usually is equal to a share of stock but not necessarily. Sometimes a pink sheet is equal to more than one share, SLX.PK is an Australian firm that separates and enriches uranium using microwave technology. The last time I checked a pink sheet cost five times a regular share or 5:1 ratio.
There is a shake-up underway within the NASD, and by August the 1st of this 2007 year, every pink sheet stock will have a visual pictoral designation. There will be four catagories: The first is a black diamond shape with a big green checkmark on it, a diamond shape similar to road construction warning signs. These companies comply by presenting an annual and quarterly report to NASD to be posted for all to see. The second group receives a Yield sign next to their name or stock symbol and they have minor flaws with reporting or financing. The third group receives a stop sign next to their name or stock symbol; they have definite flaws and are non-responsive to questions about their operations to stockholders, listing agencies &/or regulatory entities. Lastly, a black square (or flag if you wish to call it that) with a white skull over white crossed bones (skull and crossbones). These stocks are marked as such due to the NASD linking them to some promotional scam, short selling or some other form of stock manipulation.
We have heard no more about Cayanne Resources, nor has the symbol and name been changed on my on-line stockbroker screen. Needless to say EAGM has not succeeded in getting what they want from the NASD - which would be the green check. So the big question is: What will August bring? Will there be some form of clarification from the company? This is the $64,000 dollar question!
Hope I have given you some hope, and some things to PONDER!
Sam.
There is a constant LIE on the board.
If you read the info on El Alacran, above your posts, you will note a pretty colored picture of 4 mine workers with a map in their hands while they stand in a mine. This is a generic picture that can be found on other mining stock boards, such as Drake Gold Resources Corp., DKGR. This is not the lie I speak of. On this board, EAGM, directly above that generic picture is the LIE. "The company will continue to work diligently on upcoming geological results and will continue to release all information for it's shareholders as it becomes available".
Therein lies the LIE. Sam.
Is there hope for this stock's price???
wu h, Yes there is. First and foremost, just getting listed on the NASDAQ or NYSE or being added to the S&P 500 would get a stock's price per share to double within 6 months to a year.
That is not our problem. A company on the NASDAQ must maintain a pps of $1.00 or more. If it closes below $1.00 for 30 calendar days, it will be given 180 day notice to get its closing price at or above $1.00 for 20 consecutive closing days. I am sure that the NYSE has similar restictions on the pps of NYSE listed stocks. Even with a 100:1 reverse split there is little chance of becoming listed as a STOCK SHARE offering on these large entities. 100:1 would make our new shares worth a nickel when the real value of our present shares should be 17.5 cents and new 100:1 shares should be $17.50.
Will we ever get the 400:1 value out of our present shares. I can not predict this. However, I can predict the overthrow of the present management and anything that is installed to pacify us. Their downright lack of communications with the stockholders has caused this low pps, and I believe that they believe that by changing names and corporate officers and adding a reverse split, will make us forget that the value of our stock should be about 400 times greater....no matter if it is EAGM or Cayanne Resources. Then they can claim that "that was caused by the previous company".
I am presently working on another direction. I am trying to contact NASDAQ and the NYSE, to explain the problem we are having with the present management, and see if that makes a difference. No company likes it when stockholders complain to the exchange that sells their stock or will sell their pink sheets. I do believe I qualify as a stock holder, and they have no problem with NOT answering my requests for information and I only own 17.1 million shares. I do believe management and I will soon be doing battle.
This company's management would do better, if it started mining gold and/or if they released some updated progress and PR reports. This would bring the price per share closer to the value per share. Do not lose hope, whatever management is up to the stock holders in the float have a vote unless the restricted share holders which outnunber us all voted for this Cayanne deal. I personally have not decided when I am going to Bogata, but I feel it may be this summer.
Hang in there, we're all in the same boat. SAM.
MacFly, you are just like my brother
He has 87...100 troy ounce bars of silver and about 150 gold Kruggerrands (sp?) under cement in his back yard. Neither of you can look at it or dream with it in your hands. The reason for the gold stories input is to dream. Imagine you shares producing enough gold the next year you buy a gold coin dated 2008, and the gold came from a mine in Colombia mined by EAGM.
NOW THAT'S A GOLD STORY. But I like your input. I wonder how many people, percentage-wise, bury their valuables?? Better still, how many die without anyone knowing where there EAGM fabricated gold valuables are located??
Nice story, thanx MacFly, SAM.
Negative Info Is Not Accepted Without Proof
goldmagnet, I, as are all of our board, am interested in info on EAGM. However, even if negative, we need the truth and the sources of that truth. Many negative things have been said in hypothesis, but since you seem to have a lock on the truth, then I say provide a copy of your source. Otherwise, I must consider you input as invalid, and truly AS INVALID AS FROM THE LIPS OF LIARS, or those wishing the price to fall further without proof or reason, perhaps so that you can buy in at a lower price.
I await your proof, or your copy from the source. Sam.
ADDRESSING SOME PREVIOUS POSTS
To: Trader01, Your question of where is everybody? Obviously you are wondering why most of us are in hibernation and not posting. It's the same old story, no news from nor about EAGM gives everyone on this board the doldrums syndrome. For SmilinB to mis-interpret your question and give you a Canadian address for answers is BOGUS. That is the North American address for EAGM that I sent my first letter to (ref: 3/14/07 post # 7654) and got NO response. The telephone number there will get you an answering machine that I have left two messages on, and never gotten a reply. The fact that I am still buying stock under symbol EAGM suggests that the name change, although supposedly approved by NASDAQ, is not what is holding up NASDAQ listing.
To: fahad, the stock is moving because I filled the remainder of a 6 million share purchase today by picking up the last 4.8 million shares at 0.0005. It has taken a week to accumulate until the stock market has had two bad losing days, back to back. When the DOW industrials go down most of the market goes with it. Last week I was beat out by 0.0006 purchases before my 0.0005 pps buys could be implemented. This week with a falling DOW, everyone is on edge about that the May correction is overdue. Those of you who have money, now is the perfect time to pick-up shares maybe at 0.0004 if you don't mind waiting on the 0.0005 buyers to get their's first. No matter how aggrevating this EAGM management is, I can still smell a bargain.
Lastly, one of my incoming newsletters suggests that if gold, which is on an upswing, can break through $682 it could go past $732 and maybe all the way past $800 this time. A slowly dropping DOW has something to do with it. This would give all gold mining stocks a hyperbolic kick in the rear on their PPS. Could you imagine that???
P.S. Since there is not a lot of news to post on a daily basis, I suggest that to stay ON-TOPIC, Each of us prepare a post on GOLD, the physical, in your hand type of gold, and what it means to you. Then each day, one or more of us could post what we came up with. I'll start today, and hopefully someone will pick up the ball tomorrow -- if and only if it is a slow posting day. This way we can all keep in touch. The EAGM management is not giving us interesting info, so let's generate some.
For 10 years now, I have been collecting the 1/10 ounce United States gold eagle coin in uncirculated condition. Every year I buy at least one of that year. This coin came into existance in 1986, and for my first three years I had to play catch-up to acquire the first 12 years of the collection. When they are new and still being sold, you will have to pay about 10% above the going price of gold on the day that you buy it. Looking at the whole collection adds something to the meaning of gold, as it is easily shaped to the intricate and beautiful design on this coin. Not changing the subject, but every once in a while I take a peek into a watch and jewelry box on my bedroom bureau at two wedding rings from days gone by. It brings back all of the good memories of those previous marriages without my having to put-up with the "BULL-" that I had while married. Thank God for GOLD.
As I said, draft up your own blog about gold and help liven-up this posting board. SAM.
TO ALL EAGM BOARD ASSOCIATES.
I would like to take the opportunity to note that we are not observing the ban on OFF-TOPIC material being discussed on this board. This is the EAGM board not MGMX. We discuss EAGM which is primarily a gold mining stock. To chastise someone for not thinking URANIUM or TITANIUM is not nice. I have apologized for this lack of concern to prettynpink in a private message. Perhaps you have noted her disappearance since 5/4/07, a month! I hope that this is the reason for her absence and it can be resolved. There are two other possibilities: 1) she may be ill and 2) a post was pulled that she replied to. Whatever it may be, I hope she decides to post with us again. Sam (GJ) Barder.
SOME SERIOUS MEMORIAL DAY PONDERING
What really keeps rolling around in my head, which is normally consumed with other projects, is that this company, EAGM, is supposedly sitting on a great cash position. If the present restricted share owners, could get their hands on the float shares, worth $115,000 at 0.0005, they could walk away with total ownership of the company. Remember this company started at 800 shares X $200,000. Their coffers should be full, even after two 1:1000 stock splits, 800,000,000 x 20 cents is the ballpark figure. Even if all shares are not sold, 20 cents seems reasonable, NOT 0.0005 or 1/20 of a cent, but 400 times this amount. The other day we figured at .0006. At 0.0005 X 538,000,000 restricted and float shares we're looking at $269,000 dollars. Multiply that times 400 = $107.6 Million U.S.DOLLARS.
If in fact this is the same old EAGM with different restricted share stock holders becoming the new Corporate officers of the new CAYANNE RESOURCES, Inc., it makes sense that they control the stock. They also control the company's cash, and they certainly do NOT want to give this up. Now they have to comply with the new NASDAQ or NYSE pink sheet and stock catagorization guidelines to stay listed on NYSE and sell pink sheets on the NASDAQ. And how did this stock pps get to be so low??? There are no option puts out there, for people to bet that the price will go down, only the company's lack of information and guidance on this company. When you do not hear anything on a speculative gold mining company, you, or many of previous EAGM stock holders, lose faith, or hope if you prefer, in the company. The next thing they do is cut their loses and sell at a reduced pps and so the downward spiral of the pps went. This is to the advantage of those running the company, as they can increase holdings at a cheaper pps. Now under the new guidlines they can get the pps up by reverse split and leave us without guidance again, while the pps falls in the future. At 0.0005 they can not get the price much lower due to diehard stock holders. They hope to get some breathing room through a reverse split, skimp on guidance and grab more control of their cash assets.
Lastly, are we sure that the assays on previous drillings were not salted down with additional gold so that this looks like a viable gold mine with reserves. It brings into question the geologist and the assayer, neither of which I can personally vouch for.
There you have it. My thoughts on EAGM / CAYANNE. It may be a fairy tale or it may be the truth.
NOW HERE'S SOME REAL "PONDER"
Do you think EAGM or CAYANNE would be going through with all this trouble if this company's restricted and float shares value totalled a poultry $322,800?????? It is time for most stockholders to look at the evidence right before them in this post, to determine for themselves what their holdings are truly worth on the open market. You could hardly operate the office in Bogota, Colombia with the 15 or so personnel in that office for $322,000 a year. WAKE UP STOCKHOLDERS, TAKE HEART!!!!! Obviously fahad, msep, HAK41, and lest I forget, John24148, including myself have 1% of the float or more, and are part of the LATTER DAY MILLIONAIRE'S CLUB. We like stocks, we like gold, and most of all .. we like money. Plain and simple, I'm in this for money, and the totals just don't add up to the tremendous assets in those Colombian mines. That said, consider your trades wisely. SAM, LDMC.
CORRECTION TO COST OF ENTIRE EAGM
Sorry HAK41, we would not have to pay for the unissued shares, only the float and restricted shares: 538,166,855 X .06 = $322,800 +or- pennies. SAM.
CORRECTION TO COST OF ENTIRE EAGM
Sorry HAK41, we would not have to pay for the unissued shares, only the float and restricted shares: 538,166,855 X .06 = $322,800 +or- pennies. SAM.
HAK41, here's things to PONDER
post #7913 - PONDER! Thanks for my new word of the day. I've been using "s__t I RECKON" for years. Now not only can I RECKON, I can PONDER>
post #7912 - During yesterdays call to Signature they specifically said that EAGM filed for a NAME CHANGE and a CORPORATE OFFICER CHANGE. Does not sound like a sale, sounds like the same old EAGM, but now they have to comply with the new NASDAQ rules.
post #7908 - What small float are you referring to. 230,000,000 to 2,300,000 makes no difference if the price goes up proportionally. I already have 5% of the float, with orders in for 3% more. You already have 1&1/2% of the float. If we add up the rest of the board members a sustantial number of them have good percentages of the float. Right now, the amount of money to buy up every float share, comes to only $138,000. The whole 800,000,000 shares for the entire company cost $480,000. That should not change, unless this present or future named company starts mining.
SAM.
25 cents - for U.S. companies
And that 25 cents is the price per pinksheet, which could be equivalent to five or ten standard share price. If a company is selling at .025 pps and the pink sheet is selling at 0.25 then the pinksheet to share ratio is 10 to 1. You buy 100 pinksheets and you effectively bought 1000 shares. Kapish?
For International companies that 25 cents per pinksheet requirement is not listed on the letter titled "Disclosure Categorization Starting May 2007" within EAGM board post #7856 from mstep. Check it out. I do believe that Cayanne Resources, Inc., headquartered in Toronto, makes it a Canadian company. Canadian companies have led the way in Colombia as being ruthless, and not caring of the mine workers. That's why there is so much turmoil in Colombia at the present time. We all have to admit that we are with the Canadians when it comes to money, ignoring the human rights issues ownership in these Colombian mining companies cause. Otherwise, we would not be shareholders. Capitalism, we're born and raised in it, invest in it, and make a living through it. It is ingrained in us, however it pays to take note that in emerging and newly developing countries that we invest in, our profits are made at the expense of the poor in those countries. That said, we are not going to stop investing in them and buying their low priced wares. For without us, they would never be emerging nor developing.
YES I COULD HAVE MISSPELLED CAYENNE
Those of you who can not wait for more info, and are chomping at the bit, can call SIGNATURE STOCK TRANSFER, Inc. at their phone number 972-612-4120. This is where I got all of my info. I asked them what their company had to do with EAGM and they told me they verify stock totals. They also verify holdings of stockholders. They seem to know more than I got out of them. Maybe it requires more interested stockholders calling up and asking for more information. They did tell me that whatever EAGM had sent to NASDAQ was not enough, and that they were preparing the additional information for NASDAQ. Whether or not that additional info has been sent - I don't know. O.K. HAK41, you live in Texas, you must have heard of Plano, Texas. It's your turn to try to get more information from Signature Stock Transfer, Inc. Why don't you give them a call at about 10 AM Texas time and post a reply on this board. Tomorrow someone else, of your choice, can be selected to call --- until we get the whole picture. What do you say??? Sorry to put you on the spot, but everyone looks to you at the present anyway. lol. Sam (GJ) Barder.
Do not have all the answers
Called their contact number and got a recorded message. Left my name and cell phone number and a short message that I was a major stockholder with 11.1 million shares and that I want some information on this change. Now I have to wait.
EAGM files for name change
Also filed with nasdaq for corporate officer change. i believe it is to comply with mstep's public posting #7856. They plan to list pink sheets with the nasdaq.
The new proposed name is: CAYANNE RESOURCES, Inc., ............
corporate address : 12-6730 DAVAND DRIVE.................
Mississauga, Ontario, Canada, L5T2K8
contact number : 877-987-8585
EAGM, soon-to-be CAYANNE RESOURCES, INC.
Just got off the phone with Signature Stock Transfer, Inc., in Plano, Texas @ 972-612-4120. EAGM has filed with NASDAQ
YES, I AM ALIVE!!!
HAK41, You are correct, EAGM saw fit NOT to reply to my latest letter to them in behalf of 4 stockholders with a total of over 14,000,000 shares. The reason I've been so quiet is that I do not want to PUMP the pps up as happened the last time I spoke of true valuation of this stock. Just let me point out that the bid/ask for EAGM a/o Tues., 5/22/07 is .0008/.001, and no-one is selling. That is a good sign unless you are still in accumulate mode, which I am.
I am still debating whether or not I will go to Bogota, Colombia for a face to face. As I mentioned earlier, if I did go I would need more shares in order to demand some serious answers. If the present standstill of the bid/ask holds, that may not be possible. I have to admit that the recent .0004 and .0005 trades have been taken advantage of, to my present total of 10,656,413 shares. I still have orders (GTC) for more, however not at .0008.
I am beginning to think, as you do, that this is a long term hold stock of a year or more. I'm looking for some "Johnnie-5" INPUT from you or anyone with an upbeat attitude. Although one or possibly two of our members and/or associates in gold, have been to Colombia recently, there has been a lack of public posting on their findings. Wherever YOU are, we await your report. In the meantime, let's just consider ourselves part of the LATTER DAY MILLIONAIRES CLUB.
10AM, 2 x US$1.00 = 1 English Pound
The beginning of the end for the US Dollar has begun, or is continuing. It is at least, the signal that noone wants the dollar as the standard. Which brings us to our newly adopted standard, GOLD, not that we haven't been on that standard before.
306,700 shares of EAGM changed hands in the first half hour today. What was interesting was that whoever was selling was only selling 5,000 shares at a time for the first 14 minutes, then they dumped larger blocks. And everything was gobbled up until the ask price was upped to 0.0011. And then, the breaks were on hard. Goes to show that the buyer(s) were willing to up their bid price since yesterday's close at bid 0.0009. It also shows how someone is trying to manipulate the price higher, before the buyer(s) are willing to pay it.
It all makes for an interesting day, and that's better than we used to get. SAM.
Fraseriv is holding hands with,
john24148, a/o this morning. I'm so tickled, the last time I felt like this I was sitting on a ripped feather pillow! And might I add, he's not missed.
Looks like a stalemate on the EAGM price, today. The buyer's have upped their offer from 0.0008 to 0.0009, but as of 11:55 AM, the sellers have not budged. I would not be opposed to a compromise, if I were a seller. The only way this stock is going to advance, is akin to a dance: one step backwards and three steps forward. O.K., so it's a new dance. As long as the objective is kept in sight, ultimately UPWARD!!!!
We get no-where if nobody compromises at times, we'd just sit at 0.0008 bid and 0.001 ask. SAM.
Still loking for share holder backing.
I can account for 17.5 million shares between 4 shareholders who post on this EAGM board. Unfortunately, only two, counting myself, seem willing to send me their name and e-mail address, plus give me a total count of their EAGM shares and permission to add their name and shares held, to my next letter to EAGM.
If you would like to have your VOICE heard in the CEO's ear, I would appreciate your input and support, prior to next Friday, 4/20/2007. Check post #7654, and let me know if there is any questions you may have of EAGM, that I may not have covered in that letter. Address your concerns to samgj2006@comcast.net. Should you want your name and block of holdings known to EAGM, include your legal name, # of shares, and your e-mail address within the body of your e-mail to me. Do not depend on automatic headings getting your e-mail address to me.
Also, would appreciate information from anyone having EAGM's land mail address in Bogota, Colombia. The same goes for an accurate FAX telephone number and an accurate e-mail address for the Bogota office. Hope someone has this info.
Thanx again in advance, SAM
BUT, CAN THEY HANDLE THE TRUTH.
O.K. HAK41, you and I have given our fellow stock holders the truth. The obvious question is: "Can they handle the truth?" They have spent the downward spiral of the stock, buying what they could afford. They could slow down or temporarily stop the upward climb, just trying to break even. All the same time, they will be undercutting theirselves from attaining the ultimate value of $1.00 to $3.00 per share.
Secondly, when it gets to 5 or 10 cents per share, a lot of them will be tempted to sell at a price considerably higher than they paid. You know how it is with those "Nuevo Riche". They are always too soon to enjoy the full profit. Not like us "Old Money". Well, that will be their loss, not ours.
Amen. SAM.
HOPE STATION 01: EAGM $3.00/SHARE
I've decided to be your hope station #1. Do you realize that exactly 10 months ago, 6/13/2006, that the Opening, High, Low, and Close price of EAGM was $3.00/share. The company has not gone out of business. They have not blown all their operating cash. They are still mining. The weekly paychecks for all of their workers, are still being honored at their local banks. They can pay for their equipment and repairs thereto.
Then what's the difference between now and then. We have spent the last 10 months trying to improve our position on a stock that we are truly enthralled with. And as such, we have bought on every dip, and there has been a straight line of downward dips, for the last ten months. Now the only thing preventing us from reaping the rewards of our faith, or hope if you wish, in this stock is 5 inches. That's right, the five inches between your ears is keeping this stock price low. If you believed in the stock when you initially bought some, and you bought more as it was going down for ten months because you were lucky enough to get the bargain, then why don't you think it is worth what it cost when you first started buying it?
You have got to get that clog between your ears open. The sky is the limit, and the ony impediment between here and there is the way you perceive the shares you hold in you hands.
Enough preaching, amen. SAM
Time for a stockholder's meeting.
It would appear that one of our stockholders of EAGM is making himself "personna non grata" (ungrateful, or in this case ungracious"). His vocabulary of one lettered explitives directed towards fellow stockholders is not to be tolerated. It only takes reading the last 10 posts to figure out who I'm speaking about. Won't you join me, in refusing to reply to, or initiating correspondence to that person. Perhaps they will go away and cease with the not-fully-written vulgarities directed toward others within this EAGM forum. SAM.
Who are you?????
Are you God's gift to the stock market? What you need are more good losses to humble, and might I say improve, your character. I guess you feel that every stock you get in on, has to take off like the Space Shuttle. Welcome to real life.
Sam.
3 and a-half X yesterday's volume.
At 3:30 PM DST, 242,380 shares for the day. These slow days should continue until everybody who is happy with selling their shares for 0.001 have exhausted their portfolios. Then new stockholders will have to pay a premium above 0.001. It will also be harder to buy EAGM at bargain prices. I predict a week or less, then we will break and maintain till closing a price greater than 0.001. I also predict .005-.01 in a month. Let's see if I'm correct. Then, maybe we can reverse that inverted smile that has been on our faces for the last 2-3 months. Sam.