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This in interesting, Mo2..
The float as small as it is, could explain why the volume hasn't been sky high...
a triple 0 stock price you would expect to see 100,000,000 or more shares traded daily...
38,000,000 50,000,000 were only talking $25-$30 K money changing hands...
I see it this way...
Float must be small.
People not jumping on the ASK to buy and holding out for bid prices or real low bids, which will never get filled.
Volume stays light because strong hands are holding onto higher ask prices.
And the only volume that is coming in at bid prices are the diluted ahares, which when you add it up in the end run isn't a whole lot.
This is why I don't mind low volume for the time being...
I would be more worried seeing 200,000,000 or more shares traded and a share price still in the triple 0's..
That would be a clear indication of heavy dilution...
Perhaps Mellone will tells us more about the restricted shares, or insider holdings...
Who is in charge of the ticker change?
I thought there was advance notice of the exact date, but if they are delaying it on purpose to dilute into the hype, I would be very unhappy....
Personally, I hope volume is real light Monday and Tuesday if this is the case, then the MM's would either have to lower the PPS to attract some buyers, which would allow some stronger hands into the play.
Or just less money for the company if Mellone lets shares go through at that level, but at least it will be in shareholders hands...
I still can't understand how 350,000,000 are supposedly in restricted hands, like I saw somewhere...
Any currently diluted shares into the market has to be in our hands, we are the ones buying this stuff....
Even with dilution, the last few days have supported it pretty well....
No excuse, because I do agree, without it, this would be much higher I think...and they could have diluted into a higher price to at least get more money and make better use of it...
But anyway, Monday is a new week....
if it breaks .001 today then things will get
Interesting.
Also Candidates will probably announce veep
Today so maybe that will cause A run in the markets
Thanks MO2 you saved me some time... I did manage to find the area they are mining first as per the PDF file...
There actually is an area called the Town Wash just north of Mesquite...
From SAT pics looks untouched....
If the neighboring mines are doing well, then I feel certain that TSG will do just as good.
I hope they can get the equipment in place without having to raise capital via dilution.
Someone said they had a lot of cash at hand???
Should get real interesting I suppose next week...
I hope so, because I may throw this another bone as well..
So they are going to run a bobcat at Town Wash to start...
At least that can be found on the sat maps.
I wish them luck...or Linda, whatever it takes..
Thanks MO2 was away on vacation, and my
little Iphone and small screen prevented me from paying real close attention to the board.
It just struck me as odd that Mesquite CA pic would be used..
But anyway, after reading the PDF file, I am now left with even more questions......
Lots of flip flopping on wording...
7 ounces per ton, is now based on the total of the earth in tonnage that they are allowed to mine versus the total assumed mineral content...
Wording like 7oz per ton in the PR is just blatantly wrong, but wording it like they did in the PDF is a little different.
Gonna read some more, and do some mapping....
OK, just found out that the map TSG shows there just happens to be a small town called Mesquite right off highway 78 in CALIFORNIA, exactly where that pic shows.....
But if the Pic is not of Lucky Linda site (Nevada) why show this one, with a town that just happens to be named Mesquite..
Coincidence??? or not..
If pic is generic, then why would it say what it looks to be like MESQUITE in the flyout???
It is a pixelated image, but it looks like it says Mesquite and something under it, but the image is definately DUNES CA..
Start at Araz Junction and follow train tracks up, this generic pic they have is that area, and the flyout includes the possible word Mesquite which is NOT in that area...
The whole moral is, is someone photoshopping images for trickery reasons??
thanks Bally but why does the picture above
Directly from the website show A flyout pic
Indicating the Dunes in CA?
If it is a generic pic then they should remove
It because it is misleading
does anyone care where the lucky linda claim
Actually is?
Look at tri star map closely.
I see it east of Ogilvy and north of
Felicity CA. Not Nevada
I say 12 million higher.
come on gnote
I was having a hard time with the
7 oz/ton. Statement.
Platinum copper everything else makes this claim
Worth 40 trillion dollars.
Gold mine where is it???pr says Nevada
Tri star map shows the Dunes area off highway
8 in California near Arizona border.
thanks G
what's the password for
Tri star gold website?
I thought this was a Nevada claim but the map
Shows California.
Bankshot
Wasn't there a rush in Pennsylvania before that 1849?
Then everyone flocked over to CA:)
maybe he should clarify the 7 ounce per ton
Claim cause that is like the goldrush of 1848 or whatever.
Perhaps that is a total of valuable minerals per ton
gnote off by 2 minutes. Gotta
Do better!
J/k
Double post deleted
nice!
Just left there last week
Reverse with previous company yes, but how many shares was there then they did it?
my point is it is a waste of time to reverse with only 400,000,000 shares....
Geez, most companies shoot for a share O/S of 300,000,000 so were over that, but not rediculously...
FFGO has how many shares???
My SFAD had 937,000,000 10 years ago, went from .005 to .63 in a month,,,,,had nothing and still have nothing.
Total waste of time,,,,,,,,company needs to now prove their worth, that is ALL.
Why I think a reverse won't happen, or is stupid and don't make sense..
Lets say 450,000,000 is the O/S
That puts a current MC at about $270,000
I don't see a reverse of 1 for 10 happening, usually these companies go for the bigger move of like 1 for 100. when under 500,000,000
I have seen 1 for 1000 and more when O/S over a billion.
1 for 100 leaves about 4,500,000 shares O/S and a price of .06
at the current price..
The only way this would benefit the company is if they are going to just start diluting again, but they will drive the price down to where it is now in very short time, and any more dilution will just basically equate to what they are doing now...
If anything, they would increase the A/S to allow for more of this, but they haven't yet as far as I saw.
With the MC as low as it is now, and the PPS as low, Mellone ans company should be talking about buying back shares, becuase us shareholders I am certain hold a pretty fair amount of the float..and if he can rid the flippers and shorters, and manipulators, then this would have a decent fighting chance...
But that is just my two cents...
I speculated this a few posts back, only because it seemed logical...
But I do hope the company says a little more, to flavor what is going on....
If the added shares was a roundabout number like 80,000,000 or 125,000,000 then I would assume it was done for a specific reason....
Some pick a number and sell away until they hit that,,,
If it is a random number like 65,123,335 shares, then to me it just sounds like stupid dilution...
Maybe these shares were offered as payment to someone who is coming on board, or is invested in other ways...
my opinion means nothing , just assuming.
450,000,000 doesn't sound like the time
To reverse.
If you walked into this stock and it had 500,000,000 o/s
Would you still be as concerned?
Personally this is still less than my other
Picks.
It's obvious they need money to pay for
Whatever services rendered, but let's just
Hope it is for good reasons instead of lining pockets.
So now expect. A pr that says no RS.
Just to calm people down.
sounds good to me
Obviously a flippers game these
Past weeks.
Float has to be drying up with the volume
Which is why I think 100 mill should make
Quick work of it
I repeat 100,000,000 volume and this will
Be untouchable!
M02
Gold went up faster than the cost to extract it.
Of course expenses to extract have gone up in time too, but it wasn't that long ago when $330 was a number I kept seeing on some gold mining companies claims that is what they needed to be make a profit after extraction costs.
All the while when the price of gold went up, they didn't bother to mine the gold, because they knew the price would keep going up...
Think about it, if you had proven reserves in the ground, and gold was going up, would you bother pulling it out??
I think most sat on it and were waiting...
Depending on this claim RPDI has, it may be totally different as to the method for extracting the gold, it might be cheaper, or it might be more expensive, who knows,,,,,until we see an actual mineral assay of the content, we won't have an idea.....
pretty impressive even with the drop
And unless it drops to under $400 I don't think
There is anything I would worry about.
I remember goldspring and a few others who
Needed 330 to make a profit years ago when I had them
35,000,000 won't move it
But 100,000,000 will!
If the o/s is what we think it is you wonder why
This isn't moving up faster, which is why I think
Triple the volume will move this
Gold dropping?? Gold over$400 is profitable
For almost anyone I have followed gold since $290 an ounce
When most gold companies said they needed $300
To operate effectively
look closer or read better.
well apple to apples if ffgo is
.0005 then rpdi should be .04!
but they will scramble now to fix the mess they created
With Any fake uncovered trades.
Possible powderkeg if there is no dilution
Then 100,000,000 volume shoul blow this wide open.
symbol change means certs have to be switched over?
Does that also stop for the moment the illegal
Shareless trades?
Obscene prices right now. With little
Dilution how is it not possible that all the
Float isn't dried up.
.00049 how is that possible?
I thought they did away with 5 digit orders.
Everything is global these days
Yes I have been burned by a few global
Named stocks.
Taking a chance on this.
That is all.
Thanks bankshot
Didn't get a chance to snoop any today