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Long term chart reminds me of a certain coffee stock I bought about 5 yrs ago before it's 6 month huge run from 0.40 to over 6.00. I had to buy on that alone. Hello everyone. New to the board here.
And notice we never heard anything else about it.
No, say hello to .000s. I'm not throwing good money after bad. This is full free fall. Maybe a level off around .0004-.0002 when management finally runs out of shares to dilute. By then they will throw a big R/S a f-ck us all. THIS PUPPY IS DEAD.
OK, it's only a partial POS, LOL. News was a lot better then what I figured they were going for. Maybe management is finally getting back on line and squaring things up. We could only hope.
Because this stock is a POS
THE COMPANY SHOULD STOP BUYING OTHER PROPERTIES and use that money to get the fricken mill up and running. At least have one successful mine up and running providing revenue. Then you could buy other properties with money being produced from that mine, rather then screwing your investors and buying properties and now also getting the mill going with another share increase. WTF.
It's called HOW TO RUN A COMPANY 101.
That's how you gain the faith of your investors and establish a reputation. (track record)
They run a company like these idiots run our government. Doing the same thing over, and over, and over, expecting a different outcome.
Oh wait, That's the definition of INSANITY.
Maybe they should hire me so I could teach them. Again I say WTF.
I'll back you 100% to run in the BOD election. You got my vote Bro.
Really.... Really.... so is that why their asking for a Share Increase? Give me a break. That's not how to run a company....on the backs of your shareholders.
Sorry, didn't mean for you to take it that way. I was trying to let you know I agree with you. You said in one of your post you were getting it from all sides. You sound like one who knows what he's talking about. If you have a chance, ask them why they didn't use the money they spent on the new property, to get the mill up and running first. Just stands to reason.
THE COMPANY SHOULD STOP BUYING OTHER PROPERTIES and use that money to get the fricken mill up and running. At least have one successful mine up and running providing revenue. Then you could buy other properties with money being produced from that mine, rather then screwing your investors and buying properties and now also getting the mill going with another share increase. WTF.
It's called HOW TO RUN A COMPANY 101.
That's how you gain the faith of your investors and establish a reputation. (track record)
They run a company like these idiots run our government. Doing the same thing over, and over, and over, expecting a different outcome.
Oh wait, That's the definition of INSANITY.
Maybe they should hire me so I could teach them. Again I say WTF.
I REMEMBER LAST DECEMBER that someone in here said not to be surprised to see the PPS drop to .02. He was told he was full of it, we were going to .10 or .25, that there was no way we would see this "THE ONLY ANTIMONY MINE IN AMERICA" stock down to those levels ever again. The THAT SAME GUY SAID, that if it didn't hold .015, not to be surprised to see all the way back down to .006, right back where it started before.....Oh wait THAT WAS ME.
OTHER's FAMOUS QUOTES;
1) I will not sell any of my 1+ million shares till we see 1.00
2) We are all going to be able to retire.
Now from ME (that guy) again. Well we sure hit my mark. Only problem is if we can't hold .006, we will definitely see the .003s again which is probably the last support level to 000's.
Penny Stocks, DON'T FALL IN LOVE WITH THEM, learn to trade them. I'm just sorry for getting back into this POS (thanks to Murdock) at .025. At least I didn't put all my funds from before back into this. While you may not like what I'm writing, I'm also sorry for your lose.
SAY HELLO SUB-PENNY, HERE WE GO.
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If O/S gets to 1 billion, pps will be back at sub-penny levels, around the .005-.003 area. Only this time without a R/S, there will be no way out. I'll predict like all other penny stocks they'll Double Down A/S again and continue deluding and walking this thing down to trip .000s. With the lack of communication and the delusion going on right now, their already acting like all others. We've should have heard long before now what the first shipment was worth and starting to set up multiple shipments to continue. AGAIN, NO COMMUNICATION. Tells me that "things are rotten in Denmark."
10-4, I will have to say I've had my doubts but today's news made it all worth it. It looks like management after all knows what their doing. I knew something was happening behind closed doors. Sometimes just have to have a little patients and it will all work out.
AWESOME NEWS...Very Excellent. Key statements I found,
This transaction is part of a larger commitment from Tonaquint to purchase, at market price, additional restricted common stock
next phase of growth and development for its mining and milling plans.
additional investments to $1,000,000.
Tonaquint is an experienced investor in the securities of companies at their earlier stages of development.
The Tonaquint group possesses extensive knowledge and experience
Tonaquint officials, they have entered into the agreement as an investment for their own account, not as a nominee or agent, and not with a view to be resold or distributed.
And the most important statement of the entire release,
Tonaquint shares are characterized as "restricted securities" under applicable U.S. federal and state securities laws and that, pursuant to these laws, the Tonaquint [u]must hold the Shares indefinitely unless subsequently registered for resale with the Securities and Exchange Commission.
All I could say is "The future is so bright, I gotta ware shades"
I'm going to wait for the .003 or .004's for my 2 million shares.
Management needs to pull their head out of their a$$, Fire Murdoch and take control like they use to do, by being transparent, and handle their own PR's. Murdoch has totally destroyed this stock's pps.
CAN YOU SAY HELLO SUB-PENNY. I always said if we got below .016, and were almost there, watch out below. Serious problems here.
all i could say is i want my BUCK OFAMA bumper sticker. LOL
Come on guys, you don't ship 500 MT as a trial run. And of course there was going to be a trial run to work out the bugs. While I am happy to see the PR, this is probably why they didn't want to release it because too many ppl don't know how things work to get things running smoothly. So they freak out. Panic selling. Get a hold of yourself and let the company do what they need to do for future shipments at a more steadier rate. Anybody would be cray to be selling right now. HOLD TIGHT.
The first shipment, like all other (first) will take a little longer smoothing out the process, how things are done, ect.... After that, and they get all the bugs worked out, future shipments should run smoother and in a more timely manner. That's why I feel we haven't had a PR yet. As for the Q report, the first shipment shouldn't be included because it's not done yet. I like most am waiting for the 2nd Q report that will include shipments for revenue, future estimate of revenue per year based on mining and turn-over process time line, and all and all, a much brighter out-look for the company as a whole. Not worried here, good strong accumulation going on at a nice base level for the next leg up. Looking at everything right now, when she goes, .....WATCH OUT. Don't get left behind.
Yes, we were supposed to hear about the first shipment and how much it made by mid January. Oh wait, it's the end of January an we haven't heard a damn thing. In fact we haven't had a any communication all month. That's not good nor is it usual for FLPC. Seriously wondering if I should've waited for the mid .01's to jump back in cause without a PR or communication I feel that's where we will be heading. MANAGEMENT WTFRU. IMO.
LOL, IT'S GOING TO BE HUGE, We might get to 0.0000000 before OLIE takes over so the ratio of Preferred Shares will be 1 for 1,000,000.... If your lucky. This POS Sucks.
I'm back. Didn't have powder when .025s were in, but feel got in at a good level today.
I don't know, I think the B Bands better tighten up a bit first. Maybe now is the time for consolidation. Lets hope.
If it falls below .016, could dip back to sub-penny, I hope not. Need to see real consolidation this time at multiple levels on the way up to sustain growth throughout the pps increase to be able to with stand these types of attacks. Sideways trading with tight ask-bis differentials for longer periods of time (2-3 weeks) would do this stock justice and support the kind of growth that I and I'm sure the longs in here would like to see and expect.
GLTA and I will be back.
Needs about 2 weeks of sideways trading to establish new base line. Last base line established in Sep and Oct around 0.017. That is the problem with the sporadic pps increase that it had. Made this way to highly volatile.
Yup, thinking low 2's or even mid 1's
I did, that's why I sold at .065, and waiting for the next bottom to materialize.
lol, very cool. Thanks and good luck to you. I'm not here to talk people into selling and don't like to see people loose money. Got the powder ready and finger on the trigger. Just waiting for timing.
Happy Trading
I'm looking for a consolidation point. If it happen here, I'd be happy and buy back in. I like slow steady rise on high volume. Just feel that this needs to establish a good base to start going back up from so light volume day don't tare such a hole in the pps. Don't care what price it happens, just needs to happen. Again IMO.
GLTA
What are you talking about, Newbe.... been trading for over 35 yrs. Don't take it so personnel. I made a call IMO, you may not like it, oh well. Like I said I'm looking for a bottom to buy back in. We'll see when it gets here. GLTU
Just so you know, I didn't sell. That was called thinking out loud. Sometimes it motivates. I did sell after the chart showed a 4 day frown. That was my sell signal.
People here may own some of the float but not a big percentage of it. Stop thinking your in control of the pps. The MM's are the ones who are in control and decides whether this puppy goes up or down. The few hundred people on a web-site don't control the Market. If they did, this country would be in worse shape then it is now, if that was possible. I believe in this company and will buy back in when I see a bottom. There's no stock that can support itself without establishing base lines and consolidating on the way up. This stock hasn't consolidated since October. Any investor knows that.
If longs didn't sell at least half of their shares above or in the .06's back from Nov-7 thru Nov-12 then they shouldn't be hear. Definite reversal point and has been trending down since. All of those waiting for .20's by Christmas, get real. Just like the run to .07's, little volume with drastic pps increase equals highly volatile and will drop out from under you in a heart beat. Seen this one coming from a mile away. Question now is where's the bottom and how long will it take to get there. This one needs consolidation to establish a new base line of around 60-70 million shares. If that doesn't happen, unfortunately I could see this drop down to around the .0175 range. Of course this being the last base line that was established Sep-13 thru Oct-22. That's why I'm waiting for the .02's. IMO.
Hello everyone, Just bought in for the ride. Looks good from what I see.
I escaped barely by the skin of my n_ts. GLTA
We only have to go up 650% from here so I could break even. LOL
I'd sure like to know how my sell didn't go through that I put in this morning at 0.0275 when the day range hit a high of .03. Mine should have sold before then.
Looks like it's the Capitol Stock that wasn't included in the R/S. That being said, I don't think they could convert Capital Shares to sell as Common Shares. So Common Shares or Outstanding Shares should stay around 11 million. Might end up being a good thing after all. We'll see.