Take Risk!!! It's Now or Never
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OTGI only really has 6 months!!!
The Company will be committed to an initial exploration work budget of a minimum of $300,000 to commence no later than May 16, 2011. In addition, the Company will commit to a minimum initial exploration work budget of $300,000 to commence no later than May 16, 2011. The Company is required to raise a minimum of $550,000 within 6 months as defined in the agreement with the selling group of the Abigail property.
This is why they hired "Peritus". We are looking good people.
The Agreement has an initial term of six months pursuant to which Peritus will implement a comprehensive investor awareness program for Oteegee including fostering broker and analyst interest in the Company's activities. As compensation for its services, Peritus will receive an initial retainer fee of $7,000, $3000 per month for 6 months, and reimbursement for related expenses. The Company also has the option of paying for such services in restricted shares of the Company's capital stock.
The Company’s acquisition of the Abigail Lithium project allows us to experience and prosper from the booming mining sector. Furthermore,we are fortunate to be situated beside Nemaska Exploration’s Whabouchi project. The Abigail Property is located 1.5 km west of Nemaska Exploration’s Whabouchi lithium project. The Whabouchi property has confirmed high grade spodumene concentrate, and has been ranked 1 stin Canada and 3 rd in the world amongst hard rock pegmatite projects being developed by researcher signumBOX
OTGI will see better days ahead!!! However, this stock only has 6 months to a full year to get things going. I really think we have a real winner here with the lithium project. CEO can't afford for the PPS to be this terrible for purposes of future financial loans etc... on his projects. I believe that we should be trading over .10 once we get news on the financial agreements for the lithim project in the coming weeks.
This project should begin before May 2011 or once the financial agreements have be agreed to by both parties. I think within a month or 2 we'll get news on this this agreement. Then off we go!!!
Remember, this PR by OTGI: Company isnt going to spend this kind of cash and not get results so we are in good hands with OTGI!!!
The Agreement has an initial term of six months pursuant to which Peritus will implement a comprehensive investor awareness program for Oteegee including fostering broker and analyst interest in the Company's activities. As compensation for its services, Peritus will receive an initial retainer fee of $7,000, $3000 per month for 6 months, and reimbursement for related expenses. The Company also has the option of paying for such services in restricted shares of the Company's capital stock.
Lol 2 years negative!!! The stock has been in a serious decline for 3 years. If the stock doesn't make some noise by summer time with the lithium project it's a waste of time and money with OTGI.
The stock doesn't have anymore room to drop worst then what it is now. I believe that summer time or once drilling begins we are back trading above .25 IMO That being said, dumping shares by then will drop pps for sure and people won't invest in a stock that doesn't seem to stabilize with pps.
The fact is we need longterm investors on OTGI. We will see more people taking loses and dumping shares until we get news. I won't buy anymore shares because of the high risk at this point. I have a few grand already in OTGI and I'm happy with my position and where I'm loaded.
Low float stocks are great but selling can be a problem in the longterm. I know we need news and it will take off but what may seem the best of news for us others may think it's not worth it and buyers may not be around. Only RISK what you are willing to LOSE!!!!!
I'm in OTGI longterm 6 months to a year the most. Today, was a sign of many more days of dumping then buying IMO! However, doesn't worry me because to make money you have to take good and bad days until you get what you want. CEO sounds like he knows what he is doing so it's worth the longterm wait. ;) I'm very excited about the next news on OTGI which will be positive for us. CEO told me we should have news on where things are with OTGI before March again or sooner. Woohoo
Confess at once who dumped all these shares? Lmbo no biggie we have a whole year ahead of us! OTGI will have news out again soon so we'll be okay!!! ;)
But OUCH what a terrible chart to look at right now! Lol
OUCH who dumped their shares like that? LMBO inpatient people taking loses. There are more red candle sticks on this chart now LOLOL crazy but hey only the strong will be left making the big money on OTGI. Woot Woot
.04 is becoming the new big resistance on OTGI...
LOL :)
I'm ready for this party to start up this week.
Who is that brave warrior willing to take out that .041 holding us up? Not Me LMBO
Picked up some .04's yesterday! :) Just doing my thing for 2011
Soon we'll have close to 3,500 posting on OTGI! We rocking this thing.
OTGI 2011 Winner (Lithium Play of the YEAR) CEO serious about getting this stock trading above .50-$1.00 this year... :) Woot Woot
LAS VEGAS, Dec 7, 2010 (GlobeNewswire via COMTEX) -- Oteegee Innovations Inc. /quotes/comstock/11k!otgi (OTGI 0.04, -.00, -2.50%) is pleased to announce it has retained the services of Peritus Capital, an innovative marketing and investor relations firm dedicated to representing small-micro-cap public companies, to assist in the corporate equity funding for the Abigail Lithium Project exploration program.
The Agreement has an initial term of six months pursuant to which Peritus will implement a comprehensive investor awareness program for Oteegee including fostering broker and analyst interest in the Company's activities. As compensation for its services, Peritus will receive an initial retainer fee of $7,000, $3000 per month for 6 months, and reimbursement for related expenses. The Company also has the option of paying for such services in restricted shares of the Company's capital stock.
Jordan Starkman, CEO of Oteegee Innovations, said, "We are entering an exciting stage in the Company's development and are pleased to have a partner with extensive experience at a global level. We are planning our exploration activities for the Abigail Lithium property, and we are now ready to present our Company to the investment community."
Yes and only if we can keep these moron bid whackers away for a few weeks...
Inpatient traders are the worst type of people to have in a great stock. I think they are newbies aka rookie traders more then anything. They are still learning the game!!!
Today, is looking real good. Very good so far.
All buys on OTGI... Looking strong today again... We need that bid and the ask to increase already!!!
People jumping in today... Small buys but it's all helps the cause. $$$$
KABOOM .041
.04 x .41 lets move this turtle now.
Let's get a break out going from here... We got movement finally lol
Needs to break .04!! Come on baby.. Let's get some volume up in here.
Check this Out!!! Is OTGI Next?
Nemaska Exploration Announces $3.7 Million Private Placement With Chinese Strategic Investor
QUEBEC CITY, QUEBEC, Jan 04, 2011 (MARKETWIRE via COMTEX) -- NEMASKA EXPLORATION INC. ("Nemaska" or the "Corporation") (tsx venture:NMX) is pleased to announce that it has entered into a subscription agreement with a China-based Company, involved in the transformation and production of lithium products, for an initial private placement of 7,370,468 common shares (the "Shares") at a price of $0.50 per Share and 4,963,050 share purchase warrants (the "Warrants") for aggregate gross proceeds of $3,685,234 (the "Offering"). Each Warrant is exercisable for twelve months from the closing of the Offering, at an exercise price of $0.61. This subscription agreement is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including approvals from Chinese regulators. The securities to be issued will be subject to a hold period of 4 months plus one day in Canada. The parties expect to be able to obtain these approvals and close the subscription within the next 60 days.
Guy Bourassa, President and Chief Executive Officer of Nemaska commented, "This is an important milestone in the evolution of Nemaska and a great validation of the strong potential of our lithium assets. We are delighted to welcome our Chinese partner who has deep expertise in lithium products and we look forward to building upon this initial relationship as we move our projects towards the commercial production of spodumene concentrate. The Chinese market is a major consumer and producer of lithium products including vehicle batteries for hybrid and electric vehicles. Our new investor views their investment in Nemaska as part of a broad strategy to not only diversify their supply for raw materials but also to have an ownership position in a high-quality resource capable of producing battery-grade lithium carbonate."
Dundee Securities Corporation acted as the sole agent in this Offering and will receive a cash commission equal to 4.5% of the gross proceeds of the Offering and receive compensation warrants equal to 4.5 % of the Shares, exercisable for twelve (12) months following the closing of the Offering at a price of $0.50 per Share.
Come baby... Slap that ask at .041 to get the balling rolling
Nemaska Exploration News!! Maybe something OTGI will end up using also in the coming weeks...
BROSSARD, QUEBEC, Jan 04, 2011 (MARKETWIRE via COMTEX) -- DIAGNOS inc. ("DIAGNOS" or "the Corporation") /quotes/comstock/11v!e:adk (CA:ADK 0.30, 0.00, 0.00%) , a leader in the use of artificial intelligence and advanced knowledge-extraction techniques, announced today that it has signed an agreement with Nemaska Exploration ("NEMASKA") /quotes/comstock/11v!e:nmx (CA:NMX 0.60, +0.03, +5.26%) , to analyze data covering the area of its Lac Levac and Lac Arques projects located in the James Bay region.
"To maximize our exploration efforts on our properties, covering more than 85 km on the Lac des Montagnes green belt polymetallic formation, we have decided to supplement traditional exploration methods with advanced tools available, including CARDS (Computer Aided Resource Detection Software) technology from DIAGNOS. The latest CARDS results have encouraged us to try out this new technology. In the next few months, we will be starting exploration work on the best exploration areas targeted by CARDS and our team of geologists," said Guy Bourassa, president of Nemaska Exploration.
DIAGNOS will be helping NEMASKA find targets using CARDS (Computer Aided Resource Detection Software) technology, which can identify sites with the same signature as known mines and deposits."
Let's hope for a postive day today...
Would be nice to start trading above .045 at least by now with such a low float.
RSI: 40.14 still over sold range
MA(10) .039
MA(20) .043
MA(50) .07
Very small resistance at .04!
With somewhat average volume today we will break it without a problem.
Another GREEN day will be more then welcomed with OTGI... Bid whackers will play our game...
OTGI let's rock 1.04.10 More accumulation today!!!
Good luck
I have an idea for you... Let's act like an adult and call or email the CEO! Have an adult conversation with him about his company and the direction he wants to take his company in 2011...
Problem solved. If you dont like the pace of the stock leave and find another one rookie... We are in this stock for the longterm!
Shut the pie hole and just call the CEO today!
OTGI on a 2 day run... Chart seems to be shaping up for a comeback into the .05-.07 again maybe this week. Traders holding their positions strong and aren't selling base on weak bid whackers trying to get in still at a low position...
Train seems to be warming up and people will be left at "Station Sidelines" watching this big lithium stock playout this month.
The real winners here are longterm holders like me! Can't wait until drilling starts sometime before May. Once the news is out on the loan agreements then we are rocking and rolling to the moon... Woot Woot
Got me some .04's today baby!!!! Loaded at .03's but a few .04's won't hurt anyone lol ;)
Woohooo let's do it...
Very positive day today!!!
Back to back days of accumulation and holding by long term investors...
Looking good from here now... 2011 a year of money!!
Correct... CEO told me today that he isn't doing any inside trade nor is anyone else... But if he does he will disclose it in the company filings...
Woot Woot
Dont know but how many shares is the buy and at what price?
Market Cap now at 1.2 million and climbing!!!
Yes, people can only buy small amounts at this point before the ask jumps up fast... Float is VERY tight already...
Now it's just a matter of news and putting those drills into the ground. We can see this stock over .50 super fast... :)
Let's have this party together... lol
That's all it's doing Accumulating strong imo...
Long term traders are holding this stock and so am I... Woohooo Cant wait
Spoke with the CEO during lunch for a while... I'm more excited now more then before... You cant ask for more honesty then with the CEO.
We spoke about the "pps" where it's at now which he isnt too happy about. However, he believes that with time the true value of the company will reflect the pps of OTGI.
Lithium project looks to be very promising. All he is just waiting for is the RIGHT loan and the drilling begins... woot woot
We can see this bad boy over .50 real fast before May imo!!!!
LOAD UP -N- HOLD!!!!
Long term investor's will be the big winners on this stock...
Give the stock some time to develop more...
People that make serious money in stocks are very patient and hold for big returns on their investments. They are in for the long term and have mastered the gift of waiting.
Give it time and we'll see what it does. Let's see if we can get some hits on that .04 today and move the pps higher...
LMBO great I'm glad...
But someone dumped 5k this morning errrrr punk lol
It is what it is...
We have to wait until news!!!
We are all waiting on NEWS.... :)
Then the party begins but yes the giant is sleeping
Yup I'm cool with it also... Our day will come this month imo...
Holding strong. Cant wait for it to start trading above .25
Agree 100%!!! pps will tell people how great a company is or isn't...
CEO wants my number so he can call me tomorrow? What's going on good or bad? Anyone spoke with him lately?
I'm ready for tomorrow now that 2010 is over and people sold for losses... Looks promising IMO!
Jan. 2011 is going to be very important for OTGI pps to see if it really has the strength for that .10-.15 with the low float...
Ouch... Big loss!
That's crazy
Let's Rock this today!
Lets set this up for 2011 people... Jan. 2011 should be an interesting month!!!
Woot Woot
Hold Strong Hold Firm ****Money Cometh**** in 2011 with OTGI
All I know is that we should have positive news out soon!!!
Let's get this party started!!
OTGI.... Last Day to Rock this baby!!
New Year will bring big $$$$
New Year will bring big $$$$
The property is on strike with the spodumene-bearing pegmatite located on the Whabouchi property held by Nemaska Exploration Inc. The Abigail property is underlain by the same gneissic formation that hosts the Lac Arques SW pegmatite showings with 1,189 ppm Th and 563 ppm U3O8. Magmatic NI-Cu type deposit associated with ultramafic intrusions may also be found. The Whabouchi spodumene-bearing pegmatite is located in a low magnetic anomaly on the flank of a medium magnetic high. A high magnetic anomaly located about 1 km north of the Whabouchi pegmatite can be interpreted as an ultramafic intrusion. An airborne survey over the Abigail property could lead to the discovery of the same magnetic signature and help locate pegmatite and ultramafic intrusions of the Whabouchi and Nisk-1 type.
The Abigail property is easily accessible which greatly enhances the economics of the project, as “Route du Nord” crosses the south part of the property. This road originates in the town of Chibougamou, approximately 280 km to the SSE, and leads to the village of Nemaska and the Route de la Baie-James. A Hydro-Quebec powerline has been built along the “Route du Nord” in the region of the Abigail property, and the Nemiscau airport is located 20 km west of the property, serviced by Air Creebec and chartered flights. The village of Nemaska and the Relais Routier CCDC located respectively 35 and 15 km to the west of the Abigail property may be used to house workers and service the property. In addition, the Abigail property is covered by the cellular networks.
Tucana Exploration, a wholly-owned subsidiary of Oteegee Innovations (OTGI.OTCBB), is a mineral exploration company. Tucana has recently entered into a Letter of Intent to acquire 100% interest in the Abigail property (Lithium) located in the James Bay region of the Province of Quebec, Canada, and more precisely in the Nemaska area. It is made up of 222 map-designated cells totalling 11,844 ha or 118.5 squared km.
This property is attached to the world class Whabouchi Lithium/Beryllium deposit held by Nemaska Exploration NMX.V.