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Why not? If the waiting continues here, the MMs will continue walking the PPS down on low volume, day after day. Over time we could very well see .02 and possibly even lower.
Do you know something the rest of us don't?
I am inclined to agree with you here. I wish I had sold earlier when I had gains of over 150%, but my investment here is very minimal. The risk to me is not noteworthy, but I understand others are heavily invested here and can see why they are getting upset.
I'm hoping for some kind of rumor to bump us back up over .01 so I can get out green.
Agreed, we all can see right through the low volume walkdowns. No loose hands on this one.
It would be nice to have something to prop it up before the big event though. The higher the PPS at the start of the run, the higher the PPS at the end of the run!
Regardless, when this merger is completed, anyone who was strong enough to hold through this period will be greatly rewarded!
IMO
Choi, do you still hold your TRDY share? I know you had high hopes for this one..
Your situation doesn't sound nearly as dire as you make it out to be sometimes! Just put this on the backburner, one day you are going to open your portfolio and be pleasantly surprised!
IMO
I believe the last big RM that Heskett was behind, DY*R, took over 4 months between the initial filings and the merger announcement.
It has been 2 1/2 months here. It is difficult to hold deep in the red, I'm in the same situation, but I have not lost faith as you seem to have.
My advice, be patient, don't make any irrational trading decicions based on emotion. I have no funds available to invest here or elsewhere, and yes it is irritating to miss out on other plays, but that is why I have a day job and I don't trade stocks for a living.
This week has been brutal, wish I sold at 62, and watched the dive from the sidelines.
Then again, I probably would've bought in again yesterday thinking the bottom was in place.
However, the rebound off this dive is going to be very strong, IMO.
jibberjabber, you are so bent on facts, why don't you research that?
See how many companies you can find that were trading on pinks or OTC and the SEC wrongfully suspended them.
Then we can compare that to the number of companies suspended from the same exchanges.
We can then draw a ratio, and show you factual numbers as to the probability of SAEI being wrongfully suspended.
..or you can keep complaining about the research completed and presented by others. Up to you.
Out of curiosity, do you know of any instances where the SEC has wrongfully suspended a stock on the pinks or OTC? And if there are some, how often do you believe that actually happens?
I never stated it was a fact.
Folks defending this stock need to relax. Emotions have obviously clouded your judgement.
It sucks being had, just about everyone who trades in any market has been had at one point or another. Stop taking it out on those presenting a different point of view. Open yourself to more possibilities and you lessen the chance of being had again in the future.
No one is paying $2.50/share for the charred remains of this scam.
But that has been proved beyond any shadow of a doubt.
Proven with facts.
Facts are what he claims to want, yet when they are presented he ignores them.
FACT: Following a buyout offer made at $2.50/share, the PPS sank to less than 5% of that offer and traded at that level until it was suspended by the SEC.
I really don't believe they would be slapping his name on a website in the middle of an investigation without his knowledge.
I honestly cannot think of one good reason why you might make a statement such as that.
It appears they have claimed a number of people were directors of the Company who have no knowledge of their association. The Company has also plagarized an NI 43-101 report. They obviously have no issues with fraud, why would an SEC investigation slow them down?
I read your email exchange with Marshall and, in fairness, you led him to say that his name was used without his knowledge. He only asked who you were, and you told him that you contacted him because his name was on the website as director and you believe it was without his knowledge, and then you asked him if that was correct or not.
I am inclined to agree with you, that he is not involved and his name was added without his knowledge. However, you must acknowledge that you asked a loaded questions.
Still the same as we were last week, and the week before. It's the waiting game, the only thing to do is wait, and wait, and wait..
If my phone was ringing that much, I wouldn't answer it either.
Stan has no obligation to talk to anyone, why some people feel he does is beyond me.
Let's see some buying pressure here today, .0005's up!
Another beating here today.
Hopefully gold bounces back huge at the end of the week.
Good point, maybe we have plans to expand to Europe in the next few years?
A bogus NI 43-101 should be enough for the SEC to suspend if they want to.
Excellent observations. Sticky this post!
Kudos to you foxwoodsfan!
Correct me if I am wrong, but the differences between the two companies is that there are SS figures available for LOCN and not for DGTE. AFAIK there is no float for DGTE.
Good question about the accountants. It should easily be their #1 priority to get their filings current. I'm not worried yet, it can take a long time to get all the numbers squared away and the accountants probably have quite a few clients they are working for all at once.
If we start approaching the end of Q1 2011 and they are not yet current, I might start to worry that there are dubious numbers the accountants are hesitant to publish.
Agreed on all points, especially the first one.
Perhaps my words were chosen poorly, but my reasoning behind my statement is that without uplisting and current financials the Company will be treading water no matter how much gold we claim to be producing. In order to see the dramatic upswing in PPS that many here are hoping and holding for, we need to be current. Not only will it bring a whole new group of investors, but also potential JVs, buyouts, and any PR released will have a magnified effect than the ones we are seeing now.
I have been following a number of gold plays for the last few months and PCFG is easily the most promising. It is incredibly exciting to be involved with this company, and I am very much looking forward to the future here. Even though I entered around .05, I am extremely confident with my investment with PCFG.
Forget the moon, we are coiled so tight, when we liftoff our first stop will be Mars!
Welcome back! Hope you had a relaxing holiday vacation!
Let's not get ahead of ourselves here.
I agree, there is some very serious potential in PCFG. However, let's work on holding at a nickel and then at a dime before getting $$$ in our eyes.
There are a lot of things that need to happen to get where PCFG has their goals set. This means there is ample opportunity for things to go wrong. Not trying to be a downer, just a realist.
Until PCFG gets uplisted off the pinks to OTCQB, there is little hope of ever getting up above a dime. You can pull as much gold out of the ground as you want, but without reporting current balance sheets, serious investors will be skeeved and big money will not touch the company with a 10ft pole.
PCFG has stated that one of their top priorities is uplisting, let's see them follow through with that. Any PR about equipment, digging, contracts with haulers/excavators, etc. is next to meaningless if they are still on the pinks.
All my opinion, of course.
waiting won't raise the pps!
Selling won't raise it either.
I have no issues waiting. Sucks that my funds are tied up and I can't use them in MOMO runs elsewhere, but it's not that big a deal. MOMO will always be around, and after TRDY made it's run, I will be able to enter MOMO plays in the future.
Folks, stressing out and getting emotional only hurts your trading decisions. If you bought for a reason, why sell before it materializes one way or another?
Amazing day to take a position for those who aren't in.
We will be back well above 60 by the end of the week IMO.
Newmont Mining Raised To Buy From Hold By Mackie >NEM
Jan 4, 2011 09:33:54 (ET)
Order free Annual Report for Newmont Mining Corporation
Visit http://djnewswires.ar.wilink.com/?link=NEM or call 1-888-301-0513
(END) Dow Jones Newswires (212-416-2400)
January 04, 2011 09:33 ET (14:33 GMT)
Taking a beating here today with POG taking a nose dive
Is that screen cap from ihub? I like the layout, very easy to read.
Aultra Gold, Inc. Announces Exploration Program for Recently Acquired Project in Quebec
Aultra Gold (OTCBB:AGDI)
Intraday Stock Chart
Today : Tuesday 4 January 2011
Aultra Gold, Inc. (OTC BB: AGDI), operating internationally as Shamika2Gold, announced today that it has set forth an exploration program in Quebec, Canada. The program includes drill definition and field work to facilitate the completion of an NI 43-01 technical report. As announced in its Dec. 20, 2010 press release, Shamika acquired 23 exploration licenses covering a total of 13.91 km2 located in Woburn Township, Quebec, Canada.
The Company intends to raise gross proceeds of up to $750,000 in a non-brokered private placement financing (the "Offering") by issuing 1,500,000 units (the “Units”) priced at $0.50 per Unit to a private investor (the “Investor”). Each Unit consists of one common share (the “Common Shares”) and one-half (½) purchase warrant (the “Purchase Warrant”). Each whole Purchase Warrant will entitle the Investor to acquire one Common Share at a price of $0.75. If the closing price of the Common Shares of the principal market on which the Company shares trade is equal to or exceeds $1.25 for a period of 20 consecutive days, the Company will be able to call the exercise of the Purchase Warrants from the holders or they will automatically expire.
The gross proceeds of the Offering will be used for eligible exploration expenses such as drill definition, field expenses and completion of technical report for its Quebec project mentioned above.
This press release is for informational purposes only and does not constitute an offer to purchase or the solicitation of an offer to sell shares of Aultra Gold, Inc. common stock.
About Aultra Gold, Inc.
Aultra Gold Inc., which operates as Shamika2Gold, is an international junior gold company with gold and ruby exploration licenses in the Samplaut district of Cambodia covering approximately 158 square miles. A Phase 1 & 2 Survey Report suggests potential resources of 1.5 million ounces of gold and 9,000 kilograms of rubies. The Company also has strategic holdings in the Kilo Moto Greenbelt in the Democratic Republic of Congo, where major mining companies have begun exploration and development. Over $300 million of exploration, development and production capital has been allocated to the Kilo Moto Greenbelt in the last three years. The company’s strategy is to become a global exploration and production company.
Aultra Gold, Inc. is 51% owned by Shamika Resources, Inc., a private company domiciled in Canada. Shamika Resources, which has extensive holdings of mineral resources, including gold in the Democratic Republic of the Congo, is engaged in the acquisition of mineral reserves in Africa. The corporate strategy is to develop a portfolio of mineral companies, unlocking value for shareholders, and opening up multinational access to the capital markets.
Forward-looking statements:
This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Aultra Gold, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
What else do people need to believe?
People need to see PCFG uplist to OTCQB from pinks. Once they are fully reporting it will be a new ballgame, and there will be a lot of new money flowing into the stock.
He has no obligation to respond to you at all. But if you want to ignore all the red flags and base your investment decisions on the fact that Greg has not replied to you from his geomin email address, GLTY because you will need it.
So don't tell me otherwise, facts are facts and they were written in black and white for all here to see
Which facts are you referring to?
Another huge day here after a big Friday!
Closed at 15.45 +0.490 (+3.28%)
According to etrade, we closed at 1.6915, with 83,698,993 in volume.
Does SIRI support international subscriptions?
If we do this could be a big boost in subs.
If not, it's pretty much irrelevant.