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Clay could you chart SRSR again? I feel it has bottomed and might be poised for a move. I would like your opinion and chart to back up my assumption.
TIA, hope things are going well..
Same here, got 29k @ .017 I had a order in for 3 weeks @.015 never filled. As soon as I buy the 17's they drop it to 15.
Never fails. I hope 15 holds, I do have another order there.
Wow what a hard way to learn a lesson. I am sure in time he will do fine. I hope he can hold it together until things start to pop here.
Don't forget that day where someone with deep pockets came in here and scooped up a nice position @.09.
I think that is a strong indicator as to where this is headed.
I don't believe it was retail buying those shares, and I don't think it was someone unaware of SRSR's true value.
I think the right news will bring us back there in a hurry.
Be fair Tiki, Yes the O/S has gone way up, but it was a Reverse Merger. This was not dilution in the form of relentless selling of shares.
There was debt they took care of, but the dilution hasn't been daily of weekly as I have seen in so many pinks.
The initial jolt of shares was pretty harsh, but since then they have controlled the number of shares put into the market in a very reasonable manner. They had to settle some legal issues, which in my opinion is part of the whole Shane T. And Peacock game.
They have since fired those guys and moved forward. Dilution has been kept in check and they are focused on the business.
I believe Peacock and friends took advantage of Aero and the shareholders. But, I do think Aero is trying hard to rectify things and move FORWARD. The future is what people need to look to in the market. The past is priced in.
Well, I have been there and I get it. It is so hard to wait it out when everyone these days are a bit tighter on cash.
Hopefully you aren't in too tight of times to hold out for your reward, you deserve it. Hang tough. Things will look up.
A bit of good news officially reported from Scott and this thing will fly.
I do believe shares keep flowing into tighter hands, accumulation here is strong among the ihubbers.
Thanks Dob, I am hanging in here not a big problem, as I plan to hold these for a very long time.
I still hold a pile from .007 so not sweating it too much. My concern right now is for others who have bitten off huge chunks in the .05 to .06 range and up.
We all know they have value in the ground, but it can be very unsettling to see such a large drop.
There are so many good people here and many are seeing a lot of red and I hate to see them sweating it.
The price we are seeing now is probably the last of the chartist moving out. The charts are self fulfilling as few pinks have any other reliable way to gauge them. This one is one of the good ones, but chartist are disciplined and follow the indicators.
SRSR has huge value in the ground, at this point I feel like I am holding a saving bond. Scott will do right by his sharholders and the faithful will be the beneficiaries in time. IMO We still have some rough days ahead, but I have nothing but time right now.
That is very ironic, and the very niobium that is in the ground is what helps forge the bits that drill.
Very ironic.
Well, looks like someone has a huge load of .019's they want to sell, if we could manage to get past them today we might start to see a tiny turn about. But, the volume today doesn't say it is in the cards.
Yes, I agree the present share price sucks. I too am waiting for .05 to appear, and it will take some news, but the good part is I know that news will come.
It looks like the timing of the report on here about the drilling being delayed was perfect for driving the share price down.
We were at the time struggling for support in the mid .02's now with that bit of news it has drained any support that was trying to occur.
I have to agree with Dolph at this point, the drilling delays have broken our back. Soon I believe we will be testing that .013 range.
I am not selling, but I can't justify buying again until that range.
Oh I also am sure this will be fine in the long run, no real worries there, but short term isn't pretty.
Surprise surprise, Berman's Travel and entertainment outpaced revenues, this whole filing is proof of his negligence.
He used a whole $40.00 for mining and exploration expenses.
What a tool.....
Yep, cheaper shares means people can buy more, accounts for some increase in the volume.
I got filled @ .0205 Nice to add to my collection.
I am sure looking forward to that day when outsiders are scrambling for shares. They can have a few of mine after the JV deal is announced, not a moment sooner, but only a few......
Picked up 85K @ .021 thanks to the sellers!
I just keep scooping up the cheapies here.
I have more orders in if people keep selling at the low.
Go read Gm's current press releases!! They admit they are in survival mode. They even say as much as they release another 3000 job cuts.
It is GM's own fault and the admission of it that speaks volumes.
What has GM and Ford done they last 10 years about addressing the fuel issues? Nothing noteworthy. They have continued to focus and sell huge trucks and SUV's. They still don't have a hybrid car to roll out.They have tinkered with Hydrogen cars but have nothing that runs on electric at all. They got arrogant and did not do anything about the inevitable. I see Aero responding to the needs of their customers in the best way they can. I would encourage the big 3 to look at Aero, dyno it and see if it can help their fuel short comings in any way, as it might be a quick fix to a problem they ignored for way too long. I have been a Chevy fan my whole life, but I can't ignore the fact that Chevy with the other US manufacturers ignored it's customers needs and concerns....The last thing I would like to see is the US auto industry crumble, but if it does it would be the fault of those in charge. Plain and simple.
Yeah? The phase Ford and GM are in is survival too.. That is fact.
There are so many companies in this economy that are in that phase. So, doesn't make Aero a bad company, just one of many trying to make it in todays harsh economic times.
You very well could have. They took a little while to fill my order @.0008. I still can't believe they sold $7.00 worth of my shares to somebody!!
That $7.00 sale was mine, etrade sold $7.00 worth as a partial of a half million sale. At least they sold them all with a single order, would have hated to have them sell $7.00 worth with a $13.00 commission.
Very exciting isn't it?
I am accumulating this on all dips and have been since .007.
I am looking at this as a supplemental retirement fund.
This is the perfect company for me to invest in in this fashion, as I feel it has amazing value at this time, and will be very rewarding in the future. The only real pause I have here is the pink aspect of this, and I believe Scott is addressing that as we speak. There is risk here, and I don't think anyone is ignorant to that. But as with anything, there is risk, and for that risk you can be handsomely rewarded by exercising some patience and buy when everyone else is selling. Quite simple actually.
Tex, I am sure he is in contact with a bunch of JV partners as most of them are probably family or acquaintances.
But just as Scott is very savvy about how to bring the best value to the company, the JV's he speaks to are just as savvy as to know without compliance or some official certifications of reserves they won't jump head long into this.
Weather,
These guys must prove up the reserves before any JV will touch this.
I understand your impatience, as too many time people playing pinks expect instant results.
Scott is following the right path here. He is trying to do things in the right order.
Right now the focus must be on drilling to get these reserves "certified". While the samples are at the lab he could focus more on getting the AF's done. But as we all know the first step is drilling for now, they can deal with the uplisting during the coldest months of the winter. This will take time as others have mentioned. SRSR is a junior exploration company, and the real value of this won't be known until reserves are proven and qualified. I would guess somewhere in the late fall range we will start to see some of the intrinsic value of SRSR to be realized in the stock price. IMO
WTF?????? Looks like Mr. Benson has turned to Mr. Bendover!!!!
Looks like he just dropped a ton of shares on us and now we go no bid.
I guess it was just a matter of time for this joker to screw us over.
I guess this is why he was told not to talk, because he had planned to drop this to no bid and the inevitable R/S. This seems to be the future here, seeing as the CEO has no clue as to inform shareholders of anything. Very disappointed in this CEO.
Does anyone here usually contact the company on a regular basis?
This might be as good a time as ever to give them a call.
Someone bought at the ask. The spread on this is often large and can swing either way quickly by a buy at the ask or a sale at the bid. IMO
Thanks for the welcome and reassurance. Although a 50+% haircut in an afternoon is very nerve racking. I pitched a nice piece of change at this, hope it pays off.
Sure isn't where I began. Bought this thing at the high yesterday and getting spanked. Very disappointing day today. I hope this thing turns around green as hard as it turned red this morning.
Here Here, that is a great idea, I sure hope someone can do something for this company, because the CEO has shunned all of his responsibilities to the shareholders. Too bad we can't vote him out, he has been totally useless.
Well, Mr. Benson has been hiding under this cloak of his lawyer for many months now. I am beginning to wonder if he has some legal problems that won't allow him to speak?
Maybe we need some explanation as to why he can not talk?
This is all too mysterious, I see no reason why he can not explain the root of this legal gag order he has imposed for the last 3 months or more.
It is starting to stink to high heaven in my opinion.
Sounds like he is hiding out. I wish we could have another explanation but he offers nothing but stone walling.
Maybe his lawyer can talk to us? It would be something, better than what Benson has offered for the last year.
I really love the fact that they got a zero interest loan for the mortgage!!! Man I wished I could get that deal.
Looks like Scott is really high on this properties surrounding areas. Looks like much much more to come.
As my mining knowledge is weak, can anyone shed some light on how they mine under a lake? This may be a silly question to some, but I have no idea.
Good news, but I hope they get the drills turning soon, we need to beat the weather.
GLTA
Thank you 4K....It will benefit everyone if they straighten things out with the brokers...
Good afternoon 4K,
I know you speak with the Aero often, and it appears they listen to you.
Here is a suggestion for a topic they can handle easily.
Have them call the major brokers (Etrade) for instance and explain the companies position and direction to someone of importance.
Etrade has still kept a restriction for online orders pending the reorganization of Aero. If the Aero would just call these brokers they will lift the restrictions.
Have a good day!
What is going on here? Lots of volume......no uptick. Any news?
Well, All I can say is that on the OTCBB there is more transparency. Whats wrong with that?
Your negative slant was expected.
These are steps companies have to make.
Regardless of your thoughts, it gives Aero exposure to a different crowd. I really don't believe that they are moving to this exchange just to dilute as you insinuated.
They can do that much more easily on the pinks.
I think you are just upset because it will be more clear as to what Aero is doing and will make it harder for you to sell you dilution machine theory to the newcomers.
There is NO downside to this uplisting.
I understand your concern, but you must weight the positives versus the negatives.
They currently are filing all the proper paperwork, why not get listed on an exchange you are already qualified for?
The thing is, they will be held to a schedule, and it will be great practice for them in case they list on an even higher exchange one day.
There are many more investors that will buy into an OTCBB stock then that will invest into a pink.
I don't see a negative aspect here at all.
Take a look for cost to uplist from pinks to OTCbb I don't think they are paying anything to do so. They already comply as far as audits go.....
Good info Tex.....But horses??? lol I hope Scott doesn't use horses in our adit.
I truly think strip mining might be the way to go here, as I don't think the ore is that far under the surface. But there is at least 600' worth, maybe more. 600' was all that was drilled from what I can see, they may have more more more..
Browndawg,
I bought into SRSR also and am doing very well with it.
As you said it is a shame that Berman couldn't take not of how a real CEO acts. Scott has been very responsible to the shareholders.
And he is being rewarded handsomely, Scott will make a ton of money as his mining company flourishes.
Too bad Berman couldn't see beyond the greed and just do nothing but take shareholders money, he had a chance to grow a business honestly, but decided it was a lot like work. He figured stealing money is so much easier......
If you are in touch with Clay, let him know SRSR is getting some conformation today!! I am sure he will be excited to see today's action.