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calm before the storm
Noone buying despite low PE..says lot.
devaluing he currency due to big debt mistake
Happy New Year to all long CMIN investors!
News soon..
Happy Holidays all!! The new year will be excellent!
getting closer to substantial news day by day..
low volume of posts right?
No posts lately by Scrooge
about 78M float and 88M O/S
yes MACD cross over bullish.. .23 50 day in sight..next PR and .30 test apparent..COVER SHORT POSITIONS; dont be greedy
This is the Perfect Storm on the Maranon River.
Low production costs + gold over $2000 per oz soon.
The initial drilling results are outstanding and will
attract further financing after test dredging or they
can roll those profits into full-scale production augmented
by raising millions on the open market-done deal...see you all at the top.
1 Option- I took that from the Sept 9th press release from above on this web page.
To pay 10M for the land lease they have and 2 successful drilling phases is a bargan with the great potential of the site..
1Option is to COVER your position now while you still have a profit. I believe they increased O/S from 83M to 88M recently
and had a private offering of 1.9M per PR a few months back.
A little edgy today eh?
18.5 pushing 20 cents- buy back!
1 Option, they could sell 1.2Mshares on the open market and raise the money at today's prices...keep dreaming for a penny greedy man.
They probably are on track to get this 1st quarter of 2011 but cant announce it until they have it. 18.20 cents-COVER
By Pat Gorma's radio sow of the 19th it appears everything
needed to extract gold will be in place to occur possibly by late Februaary 2011 at the earliest.
In the 19th radio show he said there was substantial news last week that he couldn't talk about until official release; I believe it to be the reaching of terms with the dredging company and a projected schedule..
In the 19th radio show he said there was substantial news last week that he couldn't talk about until official release; I believe it to be the reaching of terms with the dredging company and a projected schedule..
1Option they can raise 10Million anytime they want and the permit is not that big of an expense in that scenario
18 cents 1 Option- COVER
70 cents is a good price except for the millions of naked shorts
Now thats real childish 1Option
Wow an angry man ashis profits slip way...they said they had initiated but not when; coul have been last March eh? its going to go down most likely in the 1st quarter...they can raise money by selling shares which is okay with me because the huge potential of this site warrants it.
Very Greedy is 1Option
You should make your own decisions
Great radio show and equipment to be in Peru soon it seems.
I'm sure they will sign with the company that visited in October.
It tells me there are millions of years of gold in huge quantities
in that river:)
well keep pumping your dump..you could have bought back at 10 cents and sold short again at this level for even greater profits.
.176 last high .185..the dredging company agreement PR should be coming soon then over .25 and then test dredging a few months later and above .60 with positive results there taking it over 1.00
So as I said before I'm sure they are working on the approvals if they don't have them. They can raise substantial cash anytime by selling shares which would be good at this point while keeping the share price in this range. The drilling results have been phenomonal and I'm sure Dr. Stocker isn't lying about the results since he would go to jail for that. Maybe they are conserving the lack of cash by not sending to a lab for official results.
He's worse than the worse used car salesman.
Well 150 Mill in Revs maybe next year!
He's king of the BS Press Release; how much do the Pr's cost?
What a waste of company money!
1Option, price headed up cover to protect your profits before they evaporate. News soon for test dredge operator will evaporate any profits left. Im sure they will have all approvals in place before the end of the 1st quarter or so.
They could spread the dilution out over time and raise that money
easily.
I live here in NYC and my friend owns a hedge fund and
he has done his DD and loves this company.
By mid 2011 expect $2000 per ounce just as mining activity heats
up by then.
He should have covered at 10 but he is geedy thus his contant posts in this forum..we all can speculate either way on the future of this company.