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No need to get excited at this point.
They could be going to the individual/organization that is to provide the "mazzanine(sp) financing". Who knows?
Q8
Can't get over the activity on this board!!! Really tough to keep up with!
q8
Y'all,
Just the fact that ITT chose this company to develope a demo for the Military is good enough for me. ITT is a LARGE defense contractor and would not chose to partner with a company without doing their homework.
I don't know what the outcome of that was, only that the PR said that it was successfully completed, but the association with ITT is enough for me to believe they are a serious company. JMO.
I wish you all a great week.
q8
Let's hope that Franklin's past association with YPFB puts us in the forefront of this Bolivia/Argentina GTL project.
As indicated by the PR, the two countries are making the investment to build the plant (or at least a portion of it).
q8
What's the story here???
Today 0 volume, yesterday 83,343,286!!!
Please enlighten me. What's going on?
q8
Actually Newenergy, we ski on Moana Kea (13,000 ft.)
q8
Could be just his nature. Some folks are like that. :)
Looks like we just dropped back to .0008.
q8
I have yahoo up on another computer and it's a little slow.
I'm showing .0009 with a volume of just over 44million.
Been a good day.
q8
Hi Royal,
Kinda slow at reading all the posts. Im also chatting with my wife in another window. She works on a U.N. contract in Darfur, Sudan.
Anyway, looks like we're gonna close at .0009. It'll have to pick up a little to break .001.
I think we're set for a nice gradual uphill climb.
q8
Always the negative!
Q8
With the natural gas.... I wonder if W.P. has plans for his own GTL plant???
Something to think about.
q8
Y'all,
7:31 AM here, I'm having my morning coffee and trying to get through posts on 16 pennies.
So far, this is one of the best. I too have friend who is going to Argentina for about a month and has volunteered to check on Franklin's companys down there. (That is, if he doesn't get too involved with the "hoochie coochie girls".)
Royal, your posts are refreshing! There's a lot of negative stuff on the other boards I've been looking at this morning.
Check out FFGO and see what I mean. A lot of squabbling amoung the posters and bashing going on.
Keep the faith everyone. This one is legit and will make us some $$$'s. If you have 'em, hold 'em. If you don't have 'em
better get some now!
Maybe NYBOB's on vacation. :)
GLTY'A
q8
I don't care what you said. I've spent over 20 years in Germany. But I don't post here in German or French.
It's an Eglish board!
Q8
Royal,
I've been doing a lot of reading lately and not much posting with 16 other pennies I've been trying to keep track of.
It's really funny how attitudes change in 1 day when we are expecting something that doesn't happen. If you think about it, the busines of running a company and trying to get financing for busines opportunities sometimes requires setting priorities. Not so say that we're at the bottom of the list, but we may not be at the top for that particular day.
C'mon guys, I don't know how many pennies you deal with, but this is one of the few that are legit! If this one doesn't fly, and I'm certain that it will, it won't be because it's a scam.
Keep the faith in this one, you'll be glad you did.
Bulk up while you can.
Q8
Yo, wii1dr,
Good post man!
I hope we see some good news today from Franklin!
I'm tired of working for a living. :) (As you well know).
q8
Abdul,
You are right, Fidelity charges big time for pennies!
Unfortunately, I'm trading out of my Fidelity Rollover IRA. That keeps me out of the tax problem for the time being. Having said that, Fidelity can charge me whatever they want and I can't do anything about it while I continue to trade there.
Q8
Ref, my previous post.
I neglected to mention you might get in at .0001, however, having said that and considering the volume yesterday, it'll most likely be .0002.
q8
HELLOOO.... HELLO, HELLO, hello... (hollow echo).
Where'd everyone go??? Used to be, I would log on at 6:00AM in Kuwait and still find posters posting hot and heavy well after the market had closed.
Have we lost interest? hahahahahahaha
Is this ride over? hahahahahaha
Or could it be we're just tired of all the BS???
Guess I'll just turn out the lights here and go somewhere else.
BTW, CBAY had well over 2B volume yesterday and still posting. Another scam of course, but maybe something to makes some $$$'s if you get in early. (JMO, naturally!)
Q8
Petey,
If you think the only water in AZ is the Colorado, you are mistaken. There are many rivers. Go ahead and Google "Arizona Rivers".
Used to live there in the 80's.
Q8
Hi Y'all,
Just logged in here a while ago trying to catch up on yesterday's posts here (and others). I'm EDST +7 hours so when the market is closing and you guys are still posting hot and heavy, I'm heading for dreamland. However, I'm off Thu, Fri, and Sat so that gives me a lot of time to catch up on things.
I sure hate waiting until 4:30PM for the market to open though!
I haven't been doing much posting lately, mostly reading. I think I've gotten into too many pennies that I'm trying to keep up with.
Anyway, I just wanted to throw in my 2 cents in support of W.P..
I like the guy and think that he is basically an honest person. He may be overly cautious in the PR department so that it doesn't come back to bite him later.
IMO, when he has something solid to report, we'll get the PR we've been looking for.
I'm into several other "pennies" that I know are scams, and I get into them with that in mind. However, every once in a while one comes along that I feel good about and this is one of them. Whatever happens with FMNJ, I won't feel that it was a scam just to get our $$$'s.
Having said that, I firmly believe as soon as a few things fall into place, we are going to see this stock go up. Remember, one of William's objectives was/is to take this company out of pennyland. When we get to the point where we start construction on the first GTL plant, we'll be on our way up. NOT JMO!!!
Hope you all have good day here in pennyland!
q8
Y'all,
Just logged on a half hour ago and have been reading through last night's posts. I "googled" Hurasu and found that there was a sh*t-load of entries as a result of yesterday's PR. One which I looked at in detail follows.
Out of this I wonder if Hurasu was, indeed, "goldco". As you read through it you will see that the PPS of Hurasu used in the sample calculations uses $10 PPS (same as was originally used for Goldco). Anyway, you will see that ALL divis from these transactions result in RESTRICTED shares in Hurasu.
Other than HOLDEM, what can we do with these shares?
Here's the link and the article (it's quite long) ENJOY!:
http://www.hotstocked.com/8-k/great-west-gold-inc-GWGO-179407.html
On August 25, 2008 the Company has an amount of 27,922,377,817 shares of its Common Stock outstanding following the cancellation of "Signing Bonuses and stock repurchases by the Company.
The Company will ensure that all of these shares of its Common Stock repurchased; are cancelled by the Transfer Agent in due course. The Company will ensure that all of these shares of the Common Stock are cancelled with the Transfer Agent prior to the "Record Date" of its Extraordinary Dividend being payable to its stockholders.
The Company will receive an amount of US$645,613,390 in Hurasu shares of Common Stock; all to be distributed to its stockholders as an Extraordinary Dividend.
Based upon the number of outstanding shares as at August 25, 2008; the value of this Extraordinary Dividend is valued at US$0.231 per 1 (one) share of Fortress Financial Group, Inc.
A detailed calculation is set out below.
CALCULATION OF THE VALUE OF THE EXTRAORDINARY DIVIDEND:-
As at August 25, 2008, an amount of 510,537,026 shares of Bouse Mining Holdings plc (hereinafter referred to as "Bouse") were held by Western Diversified Mining Resources, Inc. (hereinafter referred to as "Western"); a wholly owned subsidiary of Fortress Financial Group, Inc.
As of August 25, 2008, the Company entered into a binding Heads of Agreement to dispose their entire shareholding in Bouse; to a quoted Gold Mining & Exploration Company (hereinafter referred to as "Hurasu"). This is to be settled through the issue of restricted Shares of Common Stock in Hurasu.
Hurasu will be paying US$0.76 for every 1 (one) Ordinary Share in Bouse.
The Company will receive an amount of US$388,008,140 in shares of Hurasu Common Stock in respect of its sale of its entire stockholding Bouse to Hurasu. The Hurasu shares will be priced at US$10.00 (ten dollars) each for the purposes of this calculation.
An amount of 1,030,421,001 shares of Copperstone Mining Holdings plc (hereinafter referred to as "Copperstone") are held by Western as at August 25, 2008.
As of August 25, 2008, the Company entered into a binding Heads of Agreement to dispose their entire shareholding in Copperstone; to a quoted Gold Mining & Exploration Company (hereinafter referred to as "Hurasu"). This is to be settled through the issue of restricted Shares of Common Stock in Hurasu.
Hurasu will be paying US$0.25 for every 1 (one) Ordinary Share in Copperstone.
The Company will receive an amount of US$257,602,250 in shares of Hurasu Common Stock in respect of its sale of its entire stockholding Bouse to Hurasu. The Hurasu shares will be priced at US$10.00 (ten dollars) each for the purposes of this calculation.
Hurasu is currently trading under a different name at this time and is undergoing a change of name and Trading Symbol to that of Hurasu Resource Corporation following their recent acquisition of the "Bonanza" and "Santa Clara" Gold Mining & Exploration properties.
<>
Hurasu has three detachment fault properties, those being "Bonanza", "North Rawhide" and "Santa Clara" which are on the same trend as both "Bouse" and "South Copperstone".
The Board of Directors of the Company has resolved to distribute all of these shares of Hurasu Common Stock to its stockholders as an Extraordinary Dividend. The Company is at this time working with professional Advisors to co-ordinate the payment of this Extraordinary Dividend of the Company's shares of Hurasu Common Stock to stockholders. The Company will set a "Record Date" and a "Pay Date" in respect of this Extraordinary Dividend very shortly.
PURCHASE OF MINORITY STOCKHOLDER INTERESTS IN "BOUSE" AND IN "SOUTH COPPERSTONE" BY "HURASU":-
Hurasu has agreed to purchase the balance of the stock in "Bouse" and "South Copperstone" held by minority stockholders at the same price per share as set out above.
Stockholders of Fortress Financial Group, Inc. (formerly Great West Gold, Inc.) who were stockholders of Record on November 7, 2006 received stock in Bouse Mining Holdings plc. Hurasu is purchasing their shares in Bouse at a price of US$0.76 for every 1 (one) share held.
Stockholders of Fortress Financial Group, Inc. (formerly Great West Gold, Inc.) who were stockholders of Record on December 2, 2005 received stock in Copperstone Mining Holdings plc. Hurasu is purchasing their shares in Bouse at a price of US$0.25 for every 1 (one) share held.
These purchases of the balance of the stockholdings will be transacted on a separate date from the Extraordinary Dividend to Fortress Financial Group, Inc. stockholders as set out in this filing.
Upon the completion of these transactions, both "Bouse" and "South Copperstone" will be wholly owned by Hurasu.
TERMINATION OF AGREEMENT WITH GOLDCO:-
The Company has formally terminated its discussions and its Heads of Agreement with Goldco.
BACKGROUND ON "BOUSE" AND "SOUTH COPPERSTONE":-
"Bouse" and "South Copperstone" are both located in gold-rich La Paz County, Arizona, and represent a class of deposits known as detachment fault deposits. This type of deposit is prevalent on both sides of the Colorado River in both Arizona and California, and mineable resource is typically in the 500,000 ounces to 5 million ounces gold range, with a grade of .05 to .2 ounces of gold per ton.
The detachment fault type of deposit was first recognized in the 1980’s with the discovery of the Copperstone gold deposit, from which Cyprus Minerals mined 500,000 ounces of gold by open pit. Another mining company is presently exploring the remaining underground resource (which is believed to exceed 400,000 ounces) and is assessing feasibility of reopening the mine. The nearby Mesquite deposit, located in Imperial County, California, is also viewed as a detachment fault deposit. Mesquite is several times the size of the Copperstone Deposit and was mined for many years by Newmont; Mesquite is presently operated by Western Goldfields.
The South Copperstone property is a large contiguous claim block immediately south of the Copperstone Mine. Past drilling has identified gold in quartz latite, as well as a geophysical anomaly in the center of the South Copperstone Claim block. Further geophysical (including magnetic) work is planned to develop future drill targets.
The Bouse property was previously explored by Homestake Gold (now part of Barrick), which found gold mineralization throughout the property. Drill data is available for approximately 80 Homestake drill holes. Previous work by another mining company identified a 500,000 ton resource along two high angle faults that were not extensively drilled by Homestake. Exploration plans include integration of results from the previous exploration and new geophysical (including magnetic) work to identify additional drill targets, particularly along the high angle structures, with a view toward increasing the resource.
4TRESS,
Very good. I love it b'cause "CASH IS KING". And I LOVE cash!
q8
Wow! Such activity here. I can hardly keep up with all the posting going on.
Guess we'll have to wait until next week.
Kinda lonesome in here. imanjen13 you still there?
Hello, hello, can anyone hear me?
Damn! It's getting dark in here too. Who turned out the lights?
Guess I'll have to crawl out. Good thing I always bring a ball of twine with me. One could get lost in these mines, especially if you have to crawl out you could find yourself falling down a 3 or 4 hundred foot shaft.
OK I see some light now looks like HGLC up ahead.
q8
Can't be too bad at a PPS of $10.00.
I still don't care because I'm cautiously optimistic about actually ever seeing those shares anyway.
Another one of my mantras: "If you don't expect too much, you won't be disappointed!" :)
q8
Exactly!
Why do we care what company it is?
q8
Whiplash,
We've been told many times over that this is not Hunt Gold.
(I asked the same question several weeks ago).
Q8
racer,
That might be wishful thinking, but I hope you are correct.
Have a good day here today!,
q8
bundle,
Thanks for the translation. I could get the gist of most of it in Spanish but it was starting to make my head hurt so I gave up before I got to the end.
The last portion is most interesting. Our man has a monumental undertaking on his hands to find investors/backing for that $980 million. If he's successful in doing that we'll all be laughing all the way to the bank!
Thanks again.
q8
Stop cluttering up the board if you don't own any. Why are you wasting your time here?
It takes a lot of time to go through the posts and I'm only interested in what other investors think.
q8
Or SHORTS scrambling to cover.
q8
Good luck! But I don't think you'll get it.
I've got one in for .0003 and have yet to get it.
q8
Ya need to check the date, Dude. This is really old stuff.
Q8
It'll be interesting to see what kind of news comes out on this today:
NEW YORK, NY--(MARKET WIRE)--Aug 15, 2008 -- Fortress Financial Group, Inc. (Other OTC:FFGO.PK - News) confirms that it is in advanced discussions which, if successful, may lead to a very substantial and immediate shift in the Company's strategy. This proposal was only given to the Company on August 14, 2008 and we need to some time to debate the merits of this proposal.
ADVERTISEMENT
It is not unlikely that the Company may now distribute all of its assets to its stockholders.
The Company will update its stockholders on Monday, August 18, 2008 as to the outcome of these negotiations.
Note the strange wording It is not unlikely. What's with that?? Most would have just said "It is likely".
Wishing you all a super day.
Q8
Jeeeez, ptrader, you changed your handle!!!
q8
Surely you jest, or just forgot a zero.
q8
Na, Not much going on so we might as well have a little fun. :)
q8
Talk about talking trash. That was about the biggest bunch of crap I've seen on these boards. :)
q8
This has nothing to do with FFGO's divi plans. Hunt Gold is not Goldco!
q8
Check my message #41374!
I've quoted the message revealing the real Goldco.
HGLC has nothing to do with the Goldco divi.
q8
PR on Aug 13, 2008 stated
"FFGO.PK confirmed that the sale of its interests in the "Bouse" and South Copperstone" Gold mining and Exploration Companies will be completed on Friday, August 29, 2008.
The company will receive its shares of Goldco common stock on that date."
HGLC is NOT Goldco!
q8