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Sovereignty, I'm curious, have you played pennies a lot? I used to, but never got good at it. I have to agree, that 90-99% of them are pie in the sky ventures that never pan out. And many are out and out scams. I've been involved in a whole slew of them that have been shut down by the SEC. This one, on the surface, appears to be as egretious a scam as I've seen in a while. Note I did say on the surface, as I haven't dug deep...no reason too as I never bought any.
I'm akso curious what you know about the bond. I see no way that CSHD has $500 mm in equity in it. But that's just based on what I've read, as I know little about them.
My gut feeling is that there will be a halt soon, but not for the reasons that longs hope for.
Hopefully, by Tuesday, the SEC will have shut this scam down.
Why are you all still going on and on about some hypothetical future price? The price will be determined by the market. And, the only halt will be if the SEC steps in.
But hey, keep enjoying dreaming....
Heh. I camped out for Sonics tickets one night, the year we won it all.
I moved up here in 72, from Pasadena. Hardcore skier, used to be big into rock and mt climbing, now I just climb trees, cause the pay is so good! And boy, do they grow well up here!
I have several buds that surf Westport often.
Why call him an idiot? ADZR was suspended by the SEC for 10 trading days for an investigation, as TT and others posted before me. Would not surprise me if the same happens here.
read Thirsty Tiger's posts. He seems to know a bit more than most of us.
Wrong. Financial filings happen all the time, no reason for a halt. There will be no halt.
It's just a simple symbol change, hardly a material event. Besides, halts are a rare occurance on the OTCBB, unlike the Cdn exchanges.
LOL, and how many times have longs parroted similar things...some of which came from Rufus' own mouth....like: "We'll halt, then reopen at $15"....or some such nonsense. Appears to me this stock's devotees and Rufus are well matched...the story will make a good fairytale...heh
There won't be a halt, whether a filing shows up or not....and I'm guessing there'll be no filing for a while...
amazing amount of naivete on this board....
The Kool-Aid drinkers aren't interested in reality, it would seem, Timothy.
Thanks for that info, smoke...not sure if it's verifiable, as GA is a private co, but if and when the 10-K comes out, more should be known.
Wrong, the SEC moves very slowly most of the time.
I hope those invested get what you're hoping for, a big payoff, but frankly, I'll be very surprised if this company is on the up and up.
Question for the board, has anyone been able to verify whether Georgia Aerospace has any signifcant revenues? Has anyone visited their facilities?
Interesting. Has Rufus, or anyone, been able to refute anything Our-Street has alleged? Miles has said he'd publish an apology. The retraction that Rufus demanded is a joke. He needs to address the allegations.
I'm on the sidelines on this one, but have observed enough to know that the actions and claims of the CEO are highly suspect. I'll be surprised if we ever see a 10-K that validates all that Rufus claims, but not if there's an SEC trading halt and investigation.
good point faith4more. But then Rufus has yet to address any of the points made by S-L and O-S, which surely appear to have considerable merit. Instead he accuses O-S of being a liar. Mighty lame if you ask me. His actions certainly make one wonder if this is on the up and up. Thia stock and its story are totally different than one of your other stocks, NMCX, but could turn out to be just as big a bust.
If he fails to corroborate all his claims with a valid audit and 10-K, expect an SEC halt.
Ahh, great Seafair weekend, eh, sovereignty? I'm sure glad that 90 degree heat left quickly. Especially since I'm a working arborist. I'm Richmond Beach based, you?
What if it was all just a "show"?
Al you longs would need to shuffle in your Nikes for 20 years for this stock to reach that lofty height. But Nike's stock would hit the stratosphere due to increased sneaker sales.
What short position?
http://www.otcbb.com/asp/OTCE_Short_Interest.asp
Type in FHAL at this link and you'll see that appx 0.1% of the total monthly trade volume was on the short side. Call that significant? Hmmmmmmmmm.
Actually Furlong is no longer an officer. But we all know he still is the lead scum bag behind this scam. And is the major stockholder, with still a few billion shares of soon to be toilet paper to keep dumping on the lemmings.
It is true, lasernat. Shows Rufus' ignorance for him to make a numbnuts statement like that. the Q requires $4 for initial listing.
Course he also pretty much claimed they'd be able to set a $15 price. Such statements are in direct violation of SEC rules, as others have pointed out. Whstever he and his company do, they are not like a Q IPO.
hope so, for you and all longs' sake, sceptor.
But I will be surprised if it pans out as is expected.
Yep, silly, ain't it.....sure glad neither of my buy orders went through..from a week or so ago.
This is one smelly company!
Quote:Hey kwik, did you see this?
http://www.investorshub.com/boards/read_msg.asp?message_id=12284613
Stock Lemon Exposed!: http://www.wallstreetdigest.com/specialstock/specialstocklogin.html
http://www.investorshub.com/boards/board.asp?board_id=4780 Unquote>>
hmm, mastaflash, check out this SGAL chart...it was the stock that that article you linked to was about...not pretty!!! looks like, as usual, Stocklemon was right. http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=sgal&sid=0&o_symb=sgal&f...
Furlong's outfit, HCCA, took over the old lease that Spielman and Bender operated. Supposedly, they left behind 500,000 tons of tailings, from which they extracted a miniscule number of ounces of ore. Not even .01 opt, which is sure below economic levels. To think that they missed ~$20,000 worth per ton of riches is preposterous.
Uhh, tc, did you see the BLM report from a few years ago? It was similar to a sting operation....Bonder Klegg was one of only three or four labs that were spot on....Jordan and Shah's assays were not the only ones that were bogus..... doesn't say much for the quality of that industry, does it? http://www.admmr.state.az.us/BLMassaylabsreport.pdf
I'd bet $1 at 1000-1 odds that nothing approaching 3 opt pt or 40 opt rh will ever come out of any NMC property.....
You said "I mean there is just too much going on here for there to not be something there."
Actually, officially, there is nothing going on....no production, no activity, no renewed lease that we know of, no audit, though it has been promised for many moons....no new assays by reputable companies....no proven ore or pm sale...
and you said, "I mean there has to be reasons that they are fighting so hard to keep a so called shell company with so called fake assets alive." Uhh, Furlong has a long history of lies, deceit, and fraudulent stock sales...and still has billions of shares left to dump....and Sheppard? Ugghhh, nothing I like less than a slimy Bible thumper..and he has been shown to be an affinity scammer...
And "And then they lost on all counts against NMC, or HCCA I guess it was at the time." Wrong, it really was a simple technicality. The judge decided it wasn't up to the State to determine whether or not HCCA had a right to attempt to produce some value, mid lease. But neither HCCA or NMCX ever did so..even as Az has said they would approve a new lease and the plan of operation..if NMCX requested it. Last I heard, NMCX had not, but that was over a year ago...maybe they have by now.
Being as these "releases" you mention are not from the company, and the company has been silent for about a year now, they can only be construed as pumping. M2 and other pumping rags like the Bellwether Report are certainly playing a part in the last 6 months of increased volume. Being as the company is comatose as far as is publicly known, there is no valid reason for the price to be up.
In the end, The SV tailings pile will prove to be what it is, mined over fill dirt.....
In order for them to find anything of value, they need to spend a bundle and do some exploration...maybe on their other two properties. Why anyone would want to mess around at SV is beyond me. Spielman and Bender's operation was way way below economic profitability, and the only valid assays that have ever been done showed there is next to nothing left in the tailings. Also, a rational mind would realize that, if Jordan's and Shah's assays were legit, they would have sold tons of product by now...and they would be famous in the mining industry.
Bully for you, Preslee. That doesn't mean it had any real precious metal value....if it did, they'd have sold bunches of them eons ago. It's a sham, you were conned. You can't get unprecedented pm values from tailings.....
Don, as of last year, they have never filed quarterly reports of mining activity with MSHA, which they have to do by law.
I'm not a basher, but a truthseeker...and, until proven otherwise, a scambuster.
Don, go here for lots more than you may want to know...and ask your friend to as well.
http://www.investorshub.com/boards/read_msg.asp?message_id=6159894
The entire history of the company has been built on deception. There is the possibility that there could be economic minerals at their properties, but there would have to be a lot of $ spent proving that...the Skull Valley "ore" is simply tailings.
Absent assays by a competent firm that shows value in those tailings, this company is about done--you'll never see an audit, imo.
The only thing clear is that you mind is muddled. What is driving this stock performance in the last few months is a concerted pumping effort, probably orchestrated by large shareholders and insiders. Witness the Bellwether rag promo, the Adrian Douglas pump, now recanted, and who knows what all. There has been no substance behind this volume/price rise. Also suspected is churning by insiders like Furlong to mask continued dumpage of shares onto the market. Oh, and in some tiny part responsible, is your illogical and idiotic rumor mongering and spreading of falsities.
Naked shorting is a figment of your imagination. There is no shorting of this stick, naked or otherwise.
Gawd, alias, you are pathetic...there are no NMC MM's.... and nothing of value at SV but fill dirt.
Spark, poor i-vest/alias1099 is even more deluded about market workings than about this scam of a company, it seems.
alias/investorvest...go refill your med prescription....maybe that'll help you quit your rambling banalities
Hmmmmm, oakiedope, what if this audit never comes out? or shows the true value of the SV dirt.....?
Say, poor ole timmy's been talkin' bout ya over on RB....and MrMag as well.
What a pathetic fool you seem to be....a mining stock know nothing, yet you get involved with two of the worst scams in recent memory.
Seems that, this morning at least, the market is reacting in a more expected fashion for this scam.....
Yoau call this con a company, sparky? They have no office, the "ceo" is back home in Tennessee, based on the address given on the Nevada corporate info. And he knows NOTHING of the mining industry, only how to run "christian" affinity scams.
And their 15c2-11 was based on exactly the same fraudulent data that got HCCA sanctioned. That they have no pgm's in that dirt is 99.9% certain.
All that is going on now is a well orchestrated pump scheme....to have all this action on no news is very very suspect, wouldn't you say?
That "sale" was bogus...as is this company. PERIOD.
There have never had ANY operations, or would have had to file with MSHA, which they have never done. Why, because they have nothing but dirt at SV, and have done no exploration on any of their properties.
Okie is trailer trash, who knows nothing of the mining industry.
honeyissticky, I think you oughta go back to your censored board, where all the company lies are accepted as gospel...
I have only posted truth.....if this sham of a company had more than desert dirt, they'd have proven it long ago..instead they are comatose....
Quit spreading rumors that have NO basis in fact, investor..or should we call you alias, from RB...?
This scam stock has never produced an ounce of non salted pm's. If they had, they'd have been required to post production reports with MSHA, which they have never done....nor have they ever provided proof to AZLD of any mineral production, thus why that bogus "royalty" payment was rejected as such by Az.
honey, you are deluded. If this outfit had any mineral assets, they'd have sold them long ago.....which they have NOT. There has never been any production from Skull Valley, nor was there an ore sale. You know that darn well. The so called royalty paid to AZ was a bribe, it was not for mineral sale. But Az was not fooled. Not only that, the company lied, saying they paid Az 43k and change, when the amount was $25k. It is all a sham , and smoke and mirrors.
They are good at a few things though, like bogus valuations and assays, false releases, and stock selling.
If the company could prove any or all of this to be wrong, they would have done so years ago. But they have not. Can you? I'd say not.
This laughable audit that has now been promised for many years is also a joke. They don't need an audit to sell product. If they had this unprecedented rich ore, the world's mineral gurus and buyers would have been flocking to their door....which they have not. Why? Because it is just tailings, which are barely economically feasible to mine, if that. Hec k, the original production was way way below a good profitable level as well.
Baloney..that "sale" is bogus on its face.....there is nothing in that tailings pile but dirt. PERIOD