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0.05's tomorrow - strong accomuluation for the past 2 days and today
EOD Close 0.04
MMs will shake after 3:30pm and that is my observation since the buyback PR and same for yesterday. I hope I am wrong but you can verify later. People can save powder to buy afte 3:30pm to keep the pps from dropping - buy more for less.
As usual, there will be another shake at 3:30pm because company cannot buy back any shares after that time but shorties can shoot down the pps.
I think people should keey your money to buy cheapies after 3:30pm.
Tight shares..some more little volume can push this up over 0.03
NEWS: Supatcha Resources Signs Definitive Agreement and Acquires Advanced Staged Balka Skyrokaya Gold Property
Denver, CO -- Supatcha Resources Inc. (OTCBB:SAEI - News) ("Supatcha" or the "Company") announces today it has signed a definitive agreement to acquire a 50% vested title interest in Balka Skyrokaya gold property located in the Ukraine.
Supatcha will pay the owners of the property a total of US$2,000,000 over four years. The Company will also complete work on the property in the amount of $5,000,000 over five years, with $500,000 being spent on the property in the first year of the agreement. After earning the 50% interest, Supatcha can then acquire an 90% interest by making additional cash payments of $1,500,000 over four years and completing additional work on the property in the amount of $3,000,000 over four years. All payments and work may be made or done at the sole discretion of Supatcha.
BALKA SKYROKAYA GOLD PROPERTY:
• Property centrally located in Nikopol mining district with road access and electrical power close-by.
• 282 drill holes for 93 km of core with 11,764 assays of ore zones
• Exploration shaft to a depth of 168.4
• Gold zones are tabular near vertical veins hosted in altered mafic and felsic volcanics with interbedded iron formation
• Drilling of mineralization today concentrated on 100m by 150m grid to a depth of 450m
• Deepest intersection of zones at a depth of 700m
• Average grade of mineralization: 5.71 g/T Au
• P1 resource = 6.5 million tonnes with 1.3 million ounces
• P1 + P2 resource = 10.1 million tonnes with 1.8 million ounces
• P1+P2+P3 resource = 17.1 million tonnes with 3.1 million ounces
Work Program
Over the next several weeks, Supatcha is planning to review all the historical information, re-log and possibly resample some of the drill core from previous operators. We also plan to digitize the drilling and underground data to confirm the historical estimated tonnages and to confirm the known drill targets. It is expected that the next surface drill program should be underway in early spring of 2010.
Mr. Andrei B. Yasinskij is Supatcha's Chief Geological Advisor and is the qualified person for the exploration and development of the Balka Skyrokaya Project. Mr. Yasinskij will be responsible for all of the technical reporting in compliance with NI 43-101.
With the acquisition of the Balka Skyrokaya gold properties, Supatcha has three key assets in its portfolio:
1) Barlevskoye and Vynohradiv Gold Mines (90%)
2) Maiskoe Gold Mine (98%)
3) Balka Skyrokaya Gold Mine (50%)
This message was sent by: Michael Berry, 1400 16th Street, Suite 400, Denver, CO 80202
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Please count me in too. Don't have membership yet.
goldfinder4ever@yahoo.com
UNREAL!! Am I in my dream?? $$$$
8) Tomorrow morning I will be handling another account, this one I will be pulling $375,000 to buy shares
Excellent post! Mod, pls pin it.
0.29 up 0.3 is ready to break any time now
Has the FTD report for Nov been published yet? any link? TIA
PWRM Break out any time 0.037 +0.004 (+12.12%) 0.037 x 0.038 2,664,376
Do you know the share buyback rules? do some DD before you make such claim.
The report may not be released tomorrow but what about PR of something like:
- company bought back XXX,XXX amount of shares
- private fund placement
- buyout offer?
- more JV offer
Any of these can shoot up another 50% or above.
No bad feeling..just buy back tomorrow at the open and you will still be able to make money toward the release of the report.
PennyStockGurus also charts SAEI this morning. More $$money$$ is coming in.
http://pennystockgurus.blogspot.com/
Pls stick this post by stervc
PWRM 0.038 (+22.58%)
PWRM is on the verge of breaking again
There is always exception dude! That's why you left so much money on the table now. Good job!
Look like we will hit 0.3 today or tomorrow.
Free feel to short it on Monday. Many people would like to match your trades but on the buy side. Today 3M+ pushed up 20% (not to mention half day trading). Imagine what could bring on Monday when normal trading resumes and many newcomers jump on the train.
You better learns the lesson from Booki/Zoe before you post anything here like that.
Who is the poor guy in the pic below? no wonder....LOLOLOLOL
What rumor was said?
Someone bought 2M shares at 0.05 last week, now worth almost $240K.
Excellent post Stervc!
If company spends $400K each day from tomorrow to 12/3 (7 trading days before 12/5), I think the pps can rise significantly.
What is your short term pps estimate before 12/5?