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You could be correct, everything is suspect until news, or hard filings come to light.
Anything from this company?
I agree with him, get a grip peaple, no way thats happing within a 12 month period unless ther R/S!
Awww, thats better
Nice, what low volume today.
Or it could be as simple as, someone bought a large block just coming in on this stock, and it set off a panic sell buy since everyone is so itchy to pull the trigger, I dunno just saying is all....
LOL for pete sake! Scar, and grupies where is the intell? Ha, goin to take a lot more than that this time to push this buddy.
I took a small position last week, I'm hearing some good things about this. How do you come across this play?
Looks like a good buy.
Interesting, do you know anything about this group?
View: Annual Data | Quarterly Data All numbers in thousands
Period Ending Dec 31, 2010 Sep 30, 2010 Jun 30, 2010 Mar 31, 2010
Total Revenue 245 209 255 288
Cost of Revenue 152 103 115 123
Gross Profit 92 106 141 165
Operating Expenses
Research Development - - - -
Selling General and Administrative 798 506 514 641
Non Recurring - - - -
Others 92 56 57 61
Total Operating Expenses - - - -
Operating Income or Loss (799) (455) (430) (537)
Income from Continuing Operations
Total Other Income/Expenses Net (7) (14) (5) (11)
Earnings Before Interest And Taxes (805) (469) (435) (548)
Interest Expense 158 158 143 135
Income Before Tax (964) (628) (579) (683)
Income Tax Expense - - - -
Minority Interest - - - -
Net Income From Continuing Ops (964) (628) (579) (683)
Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
Net Income (964) (628) (579) (683)
Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares (964) (628) (579) (683)
Looks like a strong company, any news on the future here?
A whole penny, lol.
South American Silver Clarifies Private Ownership and Status of the Malku Khota Project
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 15, 2011) - South American Silver Corp. (TSX:SAC)(PINK SHEETS:SOHAF) clarifies recent media coverage regarding the potential for the Government of Bolivia to "recover" operatorship control of certain State owned mines. On Thursday April 14th, the Minister of Mining and Metallurgy, through the Government's official Information Agency (ABI #238272) stated that Bolivia is evaluating greater operatorship in four specific mines, which are all 100% owned by COMIBOL (the Bolivian State Mining Corporation) and that are currently under lease agreements from COMIBOL as part of a privatization process in the mid-1990's.
Reuters also reported that the Minister of Mining and Metallurgy stated that the Bolivian Government is not looking at any mining projects that have been private investments from the start and without involvement of COMIBOL, such as San Cristobal, 100% owned by Japan's Sumitomo Corp.
South American Silver's 100% owned Malku Khota project has also been a private investment since its discovery by the Company in 2003 and has never had any COMIBOL involvement in the project. The Company confirms that its concessions covering over 50 square kilometers are in good standing with the government.
Additionally, on Wednesday April 13th the Bolivian paper Pagina Siete reported that the Vice Minister of Mining highlighted that the Bolivian government wishes to attract foreign investments in mining and respects legal security and private investment. He further stated that the government intends to support the development activities at Malku Khota this year as one of the largest new mining projects in the country. The mining industry is the second most important segment of the Bolivian economy with zinc and silver exports bringing over $1.57 billion into the country last year.
Greg Johnson, President and CEO of South American Silver, stated "Based on our regular discussions with the Bolivian government we believe that they want to encourage foreign private investment in mining and that they specifically support the development of the Malku Khota project. The development and operation of the project will provide significant economic benefits to the local region and to Bolivia as a whole with approximately 1,000 new jobs created in the region during the construction phase and over 400 employees during operations. The Malku Khota project has the potential to become one of the largest new primary silver producing mines in the world and would also be one of the largest producers of the high-technology metals, indium and gallium. At base case metal price assumptions, cash flows, project valuations, and rates of returns have all strengthened considerably over previous studies, highlighting the value of this long life asset. We are excited about the significant opportunities to further optimize and enhance the economics of the Malku Khota project as we move into Pre-Feasibility in 2011 and Feasibility in 2012."
About South American Silver Corp.
South American Silver Corp. is a growth focused mineral exploration company creating value through the exploration and development of the 100% owned Malku Khota silver-indium project in Bolivia, one of the world's largest undeveloped silver and indium deposits, and the 100% controlled large-scale Escalones copper- gold project in Chile. The Company's approach to business combines the team's track record of discovery and advancement of large projects, key operational and process expertise and effective community relations to increase shareholder value. Management has extensive experience in the global exploration and mining industry with much of that focused in Bolivia, Chile, Peru and Argentina. The Company's shares are listed on the Toronto Stock Exchange under the symbol "SAC" and on the US OTC market as "SOHAF." Additional information related to South American Silver Corp. is available at www.soamsilver.com and on SEDAR at www.sedar.com
Forward-looking statements
This press release contains forward-looking statements based on current expectations and assumptions and which involve known and unknown risks, uncertainties and other factors. Readers are cautioned not to place undue reliance on these statements as actual events, results and achievements may differ materially from any future events, results or achievements expressed or implied by such forward-looking statements if known or unknown risks, uncertainties or other factors occur or assumptions prove inaccurate. Therefore, the Company cannot provide any assurance that forward- looking statements will materialize. Factors that could cause results or events to differ materially from current expectations expressed or implied by the forward-looking statements, include, but are not limited to, possible variations in mineral resources, grade or recovery rates, silver or indium prices or operating or capital costs; availability of sufficient financing to fund planned or further required work in a timely manner and on acceptable terms; changes in project parameters as plans continue to be refined; failure of equipment or processes to operate as anticipated; ongoing positive community support and successful completion of stakeholder discussions; and political, regulatory, environmental and other risks of the mining industry, including the accuracy of reported government statements regarding government policyor changes to government policy from reported statements. The material assumptions that were applied in making the forward looking statements in this release include, but are not limited to, the accuracy of reported government statements and the execution of the Company's existing plans for Malku Khota which may change due to changes in the views of the Company or if new information arises which makes it prudent to change such plans. Subject to applicable laws, the Company assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason. Unless otherwise indicated, forward-looking statements in this release describe the Company's expectations as of April 15, 2011
I don't think so with silver the way it is.
Interesting
I agree, us longs can see the horizon coming...sad, sad little flippers
Wheres this flowchart?
I see it @ .0023
Yall still talking about this, can we get back to the DD. Thanks, anyone got any new filings, news ect?
No problem here, I like the whole lets get this junk out before take off.
Gonna be fun either way...
We shall see.
Admiral, Do you own shares here? And whats your sudden interest back into BYSD since a month ago, not being rude, but it may help to clear the air, Thank you for your response.
Wow, I really wish a pr or filing would hit to squash a lot of the he said she said. This stock in my opion will not recover to the high level we have seen in the past, till, multiple PR with fact base revenue stream is proven and posted by the company(s), And will need to be several times over in a short ammount of time. But what do I know....right?
Easy ErOck Easy..
Gotta love the gold there selling...Any silver? I would some silver in this company. Anyone put in a purchase on the gold yet?
When can we start seeing facts put up on the upper board from the admins on here, why is this not happening? The fact DD shouldnt only be in the sticky (yellow) but on the page itself. Why is this?
Get ready, BYSD about to pop off!
Hello? Anyone posting?
WOW Pitts that's great! Nice! We shoup put this site on the sticky. Wonder if thier after the silver to?
Thats to bad or you, alot of peaple are wondering about the Oil & Gas assets of these companies.....BYSD
Its really not about Rockland, its about Venture oil gas ect, Gordan Johnson is president of that company also, none of those wells are producing and from what I can tell the OGML are expired as well. Which in turn greatly diminished our OIL holdings for this company/merger. IE Gordan Johnson is a part of the merger and ive been doin the DD to figure out what OIL/GAS holdings will come in to play with the new BYSD and sadly, so far, nothing, zip, zilch, notta! Not good, so for all you folks banking on the Oil here, we got bad news!
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=24460
Gotta love the undeveloped acres in this, guys that mean the rest of the interest owners are not in an oil & gas lease, which means noooo drill unless....
Enough said, Lot more to come, Guys file the darn reports!
Rockland Oil Company???????? Do your DD!
230 acres Brown survey A-62 & A-308 producing ....NOOOOOO!
http://gis2.rrc.state.tx.us/cgi-bin/wellattrs.cgi?apinum=45730063