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Looks like BKRT showed up again to try and short more shares. Folks, set your sells high for now so they can't borrow your shares.
Good morning $SNET and friends.
Your DD has backed up some recent solid trading sessions. Good stuff.
Taking an optimistic point of view here, I see a company who, in their last quarterly report, acknowledged their concerns going forward. If they were trying to lure in buyers or be deceitful, they would have spun this information differently IMO. This report also covered the period ending 6/30/15. Another Q is due next month and we'll be able to see if they're able to make real progress in their effort to increase sales. It's apparent that they have a lot riding on the Eldor project and the test results will help to provide validation.
As an investor, I'll let the company work out the details and instead look for catalysts. The chart bottomed out last week and people have been accumulating shares. News was published today and they closed +22%. Closing green on news is not something "bad" tickers normally do. There has also been some strong volume over the last few trading sessions. While nothing is ever guaranteed in the OTC, don't be surprised if we see this hit copper again soon.
Thanks, I'm please with my current relationship with $SNET. Care to provide any factual DD that would back up your claim?
Nice explanation. Shorting at these levels is very risky, especially since this is setup to breakout at any moment.
So it really is a party and we have lots of company! It's still looking really good at these levels compared to where it was last week. I'm sure it has a lot of watchers right now. More news will turn many of them into buyers.
Nice point! Positive Eldor test results could lock up a very rich customer in the DoD.
I want to be the first to slap VFIN!
I think it's gearing up to slap VFIN around.
We just had a Cookie Monster sighting at 34!
29s up.
NITE needs to be chipped away and then we're off to the races.
Nice, healthy trading so far this morning. I think we may be back in pennyland in no time.
Very true. A lot of interest here. Now if we could see people break up their asks into smaller chunks, we'll see this take off.
Folks need to set their ask high here and let this breathe. I have a feeling this is going to run.
This seems like a hidden gem! $SNET
*pun intended
SourcingLink.net stakes additional claims for the Eldor Project
News!
Things are getting interesting. I'd say you showed up just in time here.
Nice movement today so far. Good start to the week here.
Here's the follow on to SNET Phase 1:
https://www.otcdynamics.com/snet-sourcinglink-net-issues-an-update-on-phase-1-of-eldor-project-geological-exploration/?utm_campaign=twitter&utm_medium=twitter&utm_source=twitter
SAN DIEGO, October 9, 2015 /PRNewswire/ --
SourcingLink.net Inc. (OTC Pink: SNET) an exploration and development company, is pleased to announce that the initial samples from Phase 1 of the 4-Phase Eldor Project have been collected and sent for analysis. The geological exploration on the Company's property, located in Northern Quebec, Canada, is being conducted by consulting Geologist Wayne Holmstead. Holmstead and his team returned to the region on August 17th equipped with an electromagnetic detector, scintillometer and an X-Ray Fluorescence Analyzer to collect samples.
Samples were collected to further explore 5 of the 34 mineral claims on the expedition, and have been sent to AGAT Labs in Toronto, Canada for analysis. Results are pending.
"We are very excited to see the analytical results of these samples, as Mr. Homestead's first exploration program on the property in October 2014 indicated anomalous values in rare earth minerals," commented Anne Carioti, CEO of SourcingLink.net. "These samples will provide us with crucial information that will guide us as we continue into the next phase of the exploration. We are eagerly awaiting these results and will provide an update as soon as they are available."
About The Eldor Project:
SourcingLink.net, Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada (one of the most favorable mining jurisdictions in the world). The Eldor Project consists of 34 mineral claims covering approximately 3951 acres and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.
About SourcingLink.net, Inc.:
SourcingLink.net is a U.S. based publicly traded exploration and development company. Their focus is on rare metals and rare earth elements which are among the primary input materials for the 21st Century technology.
Forward-looking Statements
This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as "expect," "believe" or "plan," by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.
Contact:
SourcingLink.net
12526 High Bluff Drive, Ste 300
San Diego, CA 92130
Phone +1-858-792-3620
Website: http://www.sourcinglink.org
Email:info@sourcinglink.org
SOURCE SourcingLink.net, Inc.
Nice find Rig! SNET also has news today. I have a feeling that a lot more may be coming.
https://www.otcdynamics.com/snet-sourcinglink-net-issues-an-update-on-phase-1-of-eldor-project-geological-exploration/?utm_campaign=twitter&utm_medium=twitter&utm_source=twitter
I wonder how long the analysis will take? Things could get interesting base on their findings.
I like where this could be headed with SNET and Commerce Resources. Definitely one to watch.
18s up. Nice moves.
$ACOL has set up nicely. Strong hits coming in. Congrats to the longs here.
Already #17 on the BoB.
There's definitely no halt here. $SIRG is actively trading. Could have been an insider trying to help out some shorters or folks who want in at a low price.
Nice DD post here. There's something definitely going on with $SIRG and it's triggered my interest.
I've linked your post to the Best of iHub board:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116908719
Best of iHub:
http://investorshub.advfn.com/Best-of-iHub-29918/
mick $SIRG 09/11/15...http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116891982
Hope you had a great Father's Day! Back to business tomorrow.
They're all puppets that are bought and paid for by big money. The only 2 candidates that intrigue me are Rand Paul and Donald Trump. Rand has some good ideas and swims upstream. Trump is so filthy rich that he doesn't need donors. He can buy the election without any help. He has an interesting outlook and isn't afraid to speak his views very directly.
Explains why they're trying to divide this country through racial tension.
love your neighbor EQLB 6/19/15... http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114748417
mick OWOO 6/19/15... http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114732750
I find it always best to buy after a failed promo. Makes you wonder if they dropped this thing on purpose. With all of that selling going on, someone was grabbing cheap shares.
This smells like conversion. Drive the PPS low and walk away with even more free shares.
Email from CEO 6/17/15:
Hello *****,
Sorry for the late reply. Yes things are progressing but slowly. I haven't stated that I will bring the company back to its original status of QB as that is rather expensive. But there are plans to make the company with at least limited information with a yield sign instead of a stop sign.
Thanks very much for your interest,
Richard Tang
It doesn't really matter what it "looks" like. I'll call it for what it is. There has been a huge increase in volume today. Granted the PPS may be down, but it's still trading in the same channel. For every seller, there is a buyer and every buyer eventually becomes a seller.