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see post#60745 for 'some idiots'
if any statement deserves 'all caps'
..it's that one
good job Tony!
classic consolidation.. instead of happening over several days, its happening over a few hours.
it's really amazing to watch.
its probably a bunch of Keevil money. I'm sure Scott told his whole family about it.
hahaha.. yeah, that really worked!
SRSR Bid: 0.195 Ask: 0.199 Last: 0.199 ($): 0.029 Vol: 5,344,493
why start doing that now?
SRSR Bid: 0.1821 Ask: 0.185 Last: 0.17 ($): 0.00 Vol: --
holy S!
if they didn't.. they do now :)
most recent OntaREEo chart..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39675844
its a beaut!
lol.. i don't say that anymore~
SRSR Bid: 0.167 Ask: 0.168 Last: 0.168 ($): 0.017 Vol: 1,396,602
She's a beast
throw the technical analysis in the crapper on this one~
hello 16 (sweet)
that's some solid due diligence T.R.
much appreciated~
that's huge Jim.. If that's how things work out, it'll blow the socks off a lot of people.
nice work~
'defying chart gravity'.. that has a nice ring to it
congrats to all on another great day!
woooooo hooooooooo HELLO 10
nice close!
looking forward to a classic Friday explosion~
lol.. i'm gonna go out on a limb & say i think you're right
wow.. great news!
So many great thing to look forward to. What I like best about this PR is that it reinforces the long term value of this company. Now, with all this new information (pre feasibility study, drilling in the SE zone, further drilling in the D zone, new auditor, etc.) you would have to be a real lunatic to sell after this first (of many) National Instrument reports is released.
This is a great day for the true longs!
hmmmmmm
If that dosen't define innuendo, I don't know what does.
i hear ya.. keep up the good work~
lol.. looks like your plan worked (again).
almost no down-tic on relatively low volume
gotta love that.. makes you wonder what's gonna happen when the buying pressure rolls in.
FYI
Authorized Shares: 850,000,000
Outstanding Shares: 746,327,277
Restricted Shares: 270,241,219
Float: 476M
Scott has also stated to people on this board that over half the OS is in very strong hands. So, effectively the float is quite a bit smaller.
But anyway, you should stick with what you're comfortable with.
HEAR WHAT I'M SAYING??
It's amazing how we move up on low volume when the flippers are gone.
Oldie but a goodie..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=28472344
Might be a little early for projections on the SE Zone.. but it has the potential to blow away the D zone.
OntaREEo's chart is also great.. surprised its not in the iBox but its around.
whoa.. better watch that like a hawk~
not too shabby~
nice.. I also noticed we paid (4) vendors in stock (possibly drillers & assay labs). Wonder if they saw something special & requested to be paid that way. hmmmmm
from the 1st QTR report:
On February 24, 2009, the Company issued 7,586,219 shares at $0.0176 for debt conversion for four vendors.
sounds reasonable~
I find the low volume during the consolidation phase very reassuring.
hmmmmmmm..
thanks for sharing~
worth rereading (especially the part about raising future monies).. this post convinced me to take a larger position
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=26615136
Posted by: RIGATONI Date: Thursday, February 07, 2008 8:59:00 AM
In reply to: None Post #88739 of 121552 [Send a link via email]
~SRSR Update...
I Flew up yesterday morning and had a meeting with CEO Scott Keevil.Here is a summary of how I interpreted our conversation of which most was discussing the Niobium property...
*I first asked about the financial condition of the company ,specifically the current burn rate and how much debt there was.
Scott, advised me the company has very little debt, maybe amounting to $15,000.00 and that the monthly burn rate was minimal. He said he hasn't been taking any salary and was working hard to bring value to the company which would be reflected in an increased share price for investors.I confirmed his 30 million shares are restricted.The expenses they do have are related to some accounting fees, taxes , office personnel and some small misc items.
*I asked how he would consider raising funds in the future and if he would go the 504 route.He said NO 504 and that all money raised moving forward would be restricted, private placement type deals.
*I wanted to know if Scott Keevil knew the importance of moving off the pink sheets to otcbb or other type listing.He answered quickly and said Yes, absolutely and that it is a short term goal of theirs to engage an auditor.He said its very much essential for credibility reasons to move off the pinks.He would like to open up investment opportunities to a larger audience since many people do not invest in pink sheet stocks.I asked if the Canadian exchanges were also an option and I was told yes.I asked if they had interviewed any Auditors.His answer was yes.
* I wanted to know where we were as far as our next step with the Niobium property and engaging a third party geologist for and independent report.I was told they have a few geologists identified and that their goal is to hire one of them in the short term.I asked if this was a key step in opening up opportunities for new Canadian investors and potential joint venture candidates.Scott said Yes ,and that he believed new interest would come upon finalization of the new report and validation of the Niobium deposit previously valued.
* I asked Scott if there was a chance the Niobium valuation could exceed the previous report in the 50's since technology has advanced.He said its quite possible but he would be very happy if the new report came in equal to previous valuation.I said, If this happened,we could have many potential jvs seeking us out? he said oh yes, at that point when the report is finalized, it would be a pretty big event regarding potential partners since this National Instrument 43-101 report is considering highly credible in the mining circles.
*I asked about the costs related to extraction and production of Niobium.I was given a rough number of 35-40%.
*I asked if we have had an inquiries for potential joint ventures.He said there have been several inquiries about our property in general but that he would not be specific as to who.
*Dead Moose property...
Scott said that they need to do some drilling there.He said the property could yield some very good results.
This area had the highest PGM (Platinum and Palladium) readings of any of the 4,000 lakes in Ontario. He explained how the testing involved scooping material from all of the lake bottoms in Ontario.
~Scott was easy to speak with.His answers were concise and to the point.I asked if he would consider involving any family at some point in any of the projects.He said the mining community in canada is a small one and that everyone pretty much knows each other.If the National Instrument 43-101 was completed and results were good on the Niobium property, he believed many larger mining firms would be interested in some kind of deal and would not rule out TECK COMINCO (TCK).He is confident that the new testing on this Niobium property would be in line with previous results.
*I asked what is the downside of what appears to be a valuable property.His only answer was" the price of Niobium dropping significantly."I asked is this likely, he said there would still be plenty of profit involved even if the price dropped from here.Exact pricing was not discussed.
*I asked about other potential properties, Scott said he wants to bring more value to shareholders and is always looking for new, potential properties.Scott said there were a few others he has identified as a result of his extensive mining contacts. I asked if we could handle multiple projects at once, and was Told yes and that would not be a concern since they can JV when needed.
*I was impressed with his no hype approach and feel he is very capable of building a nice company.
Of course...
Your own Due diligence and buying decisions a must!
~Rig
ha! ha! ha!
ha!, I wouldn't mind eating my words.
Prob not today.. but I'm feeling double digits by the 4th.
like clockwork~
that's a big shock(ha!).. i had the same prob last Monday.
Excellent point Rig.. thank for bringing it over Spark~
nice one! congrats all longs!!
great, i have an excuse to celebrate on another friday.
that's three in a row~