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Still 1 million shares on bid at $0.016
Raoul doesn’t appear to want or need any further funding which turns out to be a double edged sword for shareholders anxious to see the share price to go up. With just a little communication on the company’s part he could be getting attention from some major investors which would be reflected in the share price especially if a fund gets interested.
GLTA
Looks like money for acquisitions may be loosening up in China.
Good news, As frugal as Scott is if things weren't going on behind the scenes there is no way he would bring extra help (expense) at this time. I think we'll be getting more info soon.
GLTA
Federal Regulators crackdown on illegal short-selling firms.
http://www.chicagotribune.com/business/breaking/chi-sec-shortsale-crackdown-20130917,0,4783142.story
All will pay a varying amount of fines, disgorgement and interest without admitting or denying the charges.
The markest and market makers are corrupt with fraud.
Who thinks short selling of SRSR isn't possible?
Anyone know what the deal is with the ADVIN Sterling news link showing multiple instances of this link. Is it a software glitch?
“Quarterly Schedule of Portfolio Holdings of Registered Management Investment Company (n-q)”
http://ih.advfn.com/p.php?pid=squote&symbol=NO%5ESGGV
Insiders own at least 30.63% of Sterling shares,
Assets are $5,548,906,
Liabilities are $1,211,621,
Stockholders Equity is $4,337,285,
Cash $2,036,805,
Shares outstanding 75,730,341,
Taken from the latest 10k of 5-31-2013
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=9109741
With only 3 weeks between the May 7th corporate update and the May 31st ending for Annual 10k there's much more to come IMO
It would be nice to see a new corporate update.
News...Yahoo summary 10-K for STERLING GROUP VENTURES INC
http://biz.yahoo.com/e/130829/sggv10-k.html
Allana Formalizes Mandate Letters With Prospective Lenders & Proceeds With Formal Due Diligence for Project Financing
Allana Potash Corp. (TSX:AAA)(OTCQX:ALLRF) ("Allana" or the "Company") announces
progress in its project financing strategy with the signing of formal mandate
letters with prospective lenders within a lender group representing loans in
excess of the target amount of 60-65% debt contemplated to finance the initial
construction of Allana's Danakhil potash project (the "Project"). Following
receipt of renewed letters of interest from large Development Finance
Institutions ("DFIs") and Export Credit Agencies ("ECAs"), formal mandate
letters have been signed between Allana and members of the group of DFIs and
ECAs. In parallel with the mandates, lenders have begun formal loan assessment
preparations and a due diligence review of the Project. The group of lenders
includes large multilateral and regional DFIs and ECAs from North America,
Europe and Africa.
Management is pleased that the capital structure for the Project has been
well-received and supported by the lenders' analysis of the Project Feasibility
Study. Allana continues to work with its project finance advisor, BNP Paribas
and representatives of the lenders, as well as with the specialized technical
advisors engaged on behalf of the lenders, with a view to de-risking the Project
as we move towards finalizing financing commitments. Allana expects the
technical and commercial evaluation of the Project to be completed by late 2013,
thereby allowing for the closing of the project debt financing and start of
construction in early 2014.
Farhad Abasov, President and CEO, commented: "Allana is very encouraged by this
major project financing milestone achieved. The company is very appreciative of
positive and strong support from the group of large, prestigious multilateral
DFIs and ECAs that we have engaged and are consulting. We will maintain our
efforts to ensure that the solid projected credit metrics of the Project support
our targeted amount of project debt financing, thereby increasing the potential
returns to Allana shareholders. The formal mandating of the lenders is a
significant development in our project financing activities which, along with
our current cash on hand and continued support from our existing strategic
investors in the face of challenging sector conditions, gives us confidence that
the Project will continue to be financed and developed according to schedule."
About Allana Potash Corp.
Allana is a publicly traded corporation with a focus on the acquisition and
development of potash assets internationally with its major focus on a
previously explored potash property in Ethiopia. Allana has secured financial
support from two significant strategic investors: IFC, a member of World Bank
Group, and Liberty Metals and Mining, a member of Liberty Mutual Group. Allana
has estimated measured and indicated Sylvinitemineral resources of 327.4 million
tonnes of 28.3% KCl; and an estimated inferred Sylvinite mineral resource of
90.8 million tonnes grading 27.8% KCl, In addition, the Danakhil Project hosts
estimated measured and indicated Kainitite mineral resources of 1,150.5 million
tonnes at 19.4% KCl, an estimated inferred Kainitite mineral resource of 481.8
million tonnes of 19.8% KCl; estimated measured and indicated Upper Carnallitite
mineral resources of 411.3 million tonnes grading 17.3% KCl, estimated inferred
Upper Carnallitite mineral resources of 175.5 million tonnes of 16.5% KCl;
estimated measured and indicated Lower Carnallitite mineral resources of 557.2
million tonnes of 9.2%KCl, and estimated inferred Lower Carnallitite mineral
resources of 369.3 million tonnes grading 7.7% KCl. The foregoing mineral
resource estimates are as at April 17, 2013. For more information with respect
to the data verification procedures undertaken and the key assumptions,
parameters and risks associated with the foregoing estimates, refer to Allana's
Technical Report entitled "Resource Update for the Danakhil Potash Deposit,
Danakhil Depression, Afar State, Ethiopia" dated effective April 17, 2013 filed
under the Company's SEDAR profile at www.sedar.com on August 7, 2013. Allana has
approximately 276.9 million shares outstanding. Allana trades on the Toronto
Stock Exchange under the symbol "AAA".
Dr. Peter J. MacLean, Ph.D., P. Geo., Allana's Senior VP Exploration, is the
Company's designated Qualified Person and has reviewed and approved the
technical information presented in this release.
Jack Lifton from the China Rare Earth Summit on the ‘extreme shortage of terbium and yttrium’
“The Chinese are predicting that even though dysprosium will be in balance until 2015, they foresee an extreme shortage of terbium and yttrium.”
http://investorintel.com/rare-earth-intel/jack-lifton-from-the-china-rare-earth-summit-on-the-extreme-shortage-of-terbium-and-yttrium/
I agree with you Mike, time is short and I'm buying whenever I can.
Good Luck
It’s been a long wait but we’ll finally get to see how much progress Raoul made with the June, 7th PR’d agreements.
I hate waiting...lol
LTT, the 10k is an annual report and is only produced once each year so the next 10k after this one would be due in August of 2014.
You can see all of the Inca spring / summer 2014 runway collection by clicking on a thumbnail on the left. From there you can browse through each of the pictures from the fashion show.
http://www.fashionising.com/runway/b--inca-ss-14-59677.html
10K comes in August, the last 10K was Aug. 29, 2012 and I sure hope we don't have to wait that long to hear from them. It's been over 2 months since any significant communication and 6 weeks since the photos were updated. I'd like to know the reason for the lack of communication. Maybe a disclosure agreement? I sent them an email yesterday and the automated website response to says they'll get back to me but so far that has not happened. Do they even read these emails?
Good Luck
SRSR continues to hold up nicely never closing below $0.019 for the year.
SRSR = Strong Buy
You've created a frankenstein. (Fronkensteen)?
Goodnight, Frau Blücher.
SRSR-holding up nicely in spite of the shorters.
SRSR= Strong Buy!
Sarissa put in a rock solid bottom yesterday. This occurred in spite of a massive effort by shorts who failed miserably in their take down effort and it was made all the more sweet by the fact that SRSR managed to actually close above the recent lows. I’m delighted with the way Sarissa held up.
SRSR= Strong Buy!
Good post Teedlum. The PR confirms that the testing is ongoing (contrary to many “opinions” posted here) and goes on to say that Sarissa is involved in discussions with other interested parties and has signed non-disclosure agreements with more than one.
GLTU
forgot to credit Renee for previous story.
Has anyone heard follow up about this CNEX story?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78848917
CNEX was the target of a massive 2.9 billion naked short and is referenced in SEC litigation.
http://www.sec.gov/litigation/complaints/2012/comp-pr2012-165.pdf
Cannon Exploration Inc. CNEX
Acquisition period: 8/10-12/10
Resale period 8/10-11/11
Number of transactions: 11
Number of shares defendants illegally sold: 2.9 billion
Gross proceeds from resales: $1,304,000
Net Profits: $745,000
Gary, I agree and a slim chance is better than none.
GLTU
Feels like somethings up.
Trading volume increasing the past 5 days.
GLTU
JP MORGAN’s CUSTOMER GOLD INVENTORY FALLS 61% IN ONE DAY
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88923607
It seems to me that those who called the SEC to make complaints against Inca would be just as interested in calling the SEC again to ask why the shareholders were punished while Stacy and Evan are allowed to continue their operations with no further obligation to the shareholders. It was some terribly bad advice many on this board followed and now it seems like the SEC is aiding and abetting in the theft of hundreds of thousands of dollars’ worth of our shares. And before anyone says it I do realize the shareholders are not responsible for Inca's failure.
Bullish triple bottom reversal in play once we break $0.029.
http://stockcharts.com/h-sc/ui?s=SRSR&p=D&yr=0&mn=8&dy=14&id=p63594574629
We’re up 5-1/2% from the $0.018 low of April 2nd. The turnaround is still in effect unless the triple bottom support is broken.
The chart is looking like we’re due for a potential triple bottom reversal
http://stockcharts.com/h-sc/ui?s=SRSR&p=D&yr=3&mn=0&dy=0&id=p55994511717
GLTU
Metanor Produces 2,354 Ounces in May and Intersects 5.58 g/T Over 21 M
Ressources Metanor Inc. ("Metanor") (TSX VENTURE:MTO) is pleased to provide an update on the development activities underway at its Bachelor project.
http://ih.advfn.com/p.php?pid=nmona&article=57885907&symbol=TSXV:MTO
Metanor produced 2,354 ounces of gold during the month of May. The ounces produced in May came from development ore and also some from stopes for a total of 16,685 tonnes of ore at a combined grade of 4,53 grams / tonne with a 96,9% recovery. During the month, the mill processed 794 tonnes in one day, exceeding the maximum theoretical capacity of 775 tonnes per day as published in the 2011 Prefeasibility study.
Ore development on level 14 began in May; 1,974 tonnes at a diluted grade of 6.8 grams per tonne were excavated from the Main and B veins. The average ore thickness of the veins extracted during the month was over 6 m on this level.
Metanor purchased two electrics scooptrams one of which is already on site, and will be operational in early July to excavate the larger stopes. In addition, Metanor awarded a contract to the mining contractor CMAC Thyssen to execute additional long hole drilling to increase the stoping ore in the coming months. The contractor will begin its production drilling contract next week.
Metanor continues the underground drilling program of the "Main", "A", "A-1" and "B" veins, from various levels of the mine. As mentioned in the April 29 and May 29, 2013 press releases available on Sedar, the company is actively verifying the lateral extensions of these veins. Since then, the drilling progressed in the western extension of the mine on level 13 and on level 14.
The table below summarize the significant intersections obtained in these structures in the last few weeks:
-------------------------------------------------------------------------
Hole From (m) To (m) Width (m)(i) Grade Au Zone
(g/T)
-------------------------------------------------------------------------
13-069 118.87 121.31 2.44 3.81 Main
-------------------------------------------------------------------------
13-071 103.63 106.73 3.1 2.22 Main
-------------------------------------------------------------------------
13-071 130.45 131.06 0.61 4.95 Main
-------------------------------------------------------------------------
13-073 38.83 59.98 21.15 5.58 Main
and A-1
-------------------------------------------------------------------------
14-001 30.17 32.18 2.01 5.54 A-1
-------------------------------------------------------------------------
14-001 63.78 65.08 1.3 8.90 B
-------------------------------------------------------------------------
14-001 99.06 100.61 1.55 20.10 Main
-------------------------------------------------------------------------
(i) : Core length
Metanor is encouraged by the progress made to date regarding the project ramp up, and by the drilling results obtained in all the campaign at Bachelor. The latest drilling completed on level 13 and 14 demonstrates again, and significantly, the extension of the mineralized structures going west, and potentially increases the available resource.
The true width is approximately 50% of the core length obtained in diamond drill holes 13-069 and 071. The true width is 80% for the hole 13-073 and 90% for the hole 14-001. The samples were assayed by fire-assay at the Metanor assay lab. The quality control program of the assay results (QA QC) adopted by Metanor includes a minimum of 10% of controlled assays being conducted as well as verification by an independent external assay lab.
About Metanor
Metanor is a Canadian based gold mining company with a focus on adding value per share through efficient production, exploration, and development of it properties.
Qualified Person
Pascal Hamelin, P.Eng, Vice-president of Operations, is the Qualified Person under NI 43-101 responsible for reviewing and approving the technical information contained in this news release.
Cautionary Language and Forward-Looking Statements
This press release includes certain statements that may be deemed "forward-looking statements". All statements in this discussion, other than statements of historical facts, that address future exploration drilling, exploration activities, anticipated metal production, internal rate of return, estimated ore grades, commencement of production estimates and projected exploration and capital expenditures (including costs and other estimates upon which such projections are based) and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in forward-looking statements.
244,111,066 outstanding shares
Neither the TSX Venture Exchange, nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Ronald Perry, Vice-President
514-262-8286
rperry@metanor.ca
Bid and Ask both raised. Hmm. That support at .0215 seems to be holding fast.
Why don't we comment on every down and up tick?
I think I bought all the shares so far today.
Buying at bid means the transaction is designated "short".
Checking out for today.
GLTU
Metanor Closes First Tranche of Private Placement
Metanor Resources Inc. ("Metanor") (TSX VENTURE:MTO) has completed a first tranche of $646,015, in the private placement offering of a maximum amount of $1,500,000. The offering consists of flow through common shares (the "Shares") priced at 0.10$ each. In connection with this closing, 6,460,150 Shares were issued and such Shares are subject to a four month and one day hold period. A second closing is expected to take place the week of June 10th 2013. The net proceeds will be used for exploration work on Metanor's Quebec properties. In connection with the private placement, Metanor paid a cash finder's fee of 8.5% to Marquest Capital Markets and Casimir Capital Ltd.
http://ih.advfn.com/p.php?pid=nmona&article=57787215&symbol=MTO
Go Dark Scheme-Stacy and Evan's plan?
http://www.teribuhl.com/2013/05/19/china-stock-zst-planned-go-dark-scheme-to-cheat-u-s-investors/
Metanor Intersects 8.49 g/T Over 15.24 m, and 14.17 g/T Over 5.64 m at its Bachelor Project
http://ih.advfn.com/p.php
pid=nmona&article=57763664&symbol=TSXV:MTO
Metanor Resources Inc. ("Metanor") (TSX VENTURE:MTO) is pleased to provide this
update on the current drilling program at its Bachelor project.
Metanor continues the underground drilling program of the "Main", "A-1" and "B"
veins, from various levels of the mine. As mentioned in the April 29, 2013 press
release available on Sedar, the company is in the process of determining the
lateral extensions of these veins. Since then, the drilling progressed in the
western extension of the mine on level 13, and began on level 14.
On level 13, the western extension, which is subject to a 100 meters offset
going south, continues to provide positive results. The development of a drift
to allow access to this sector will begin in the coming quarter on level 13.
On level 14, Metanor began the drilling of the Main vein. As well, the
development crews began the excavation of the ore sills in both the Main and B
veins.
The table below summarizes the significant intersections obtained in these
structures in the last few weeks:
---------------------------------------------------------------------------
Grade Au
Hole From (m) To (m) Width (m)(i) (g/T) Zone
---------------------------------------------------------------------------
13-066 14.02 19.39 5.37 4.16 A-1
---------------------------------------------------------------------------
13-070 51.26 51.94 0.68 7.35 Main-1
---------------------------------------------------------------------------
57.96 59.89 1.93 22.64 Main-2
---------------------------------------------------------------------------
68.81 83.82 15.01 4.91 Main
---------------------------------------------------------------------------
90.65 95.10 4.45 9.21 B
---------------------------------------------------------------------------
14-002 67.06 82.30 15.24 8.49 Main
---------------------------------------------------------------------------
14-003 84.28 89.92 5.64 14.17 Main
---------------------------------------------------------------------------
14-005 125.78 128.02 2.24 12.48 Main
---------------------------------------------------------------------------
(i) : Core length
Metanor is very encouraged by the progress made to date regarding the project
ramp up, and by the drilling results obtained at Bachelor. The latest drilling
completed on level 13 and 14 demonstrates, again, and significantly the
extension of the mineralized structures going west, which would potentially
increase the available resources.
The true width is approximately 70 to 80% of the core length obtained in diamond
drill holes aiming the western sector. The samples were assayed by fire-assay at
the Metanor assay lab. The quality control program of the assay results (QA QC)
adopted by Metanor includes a minimum of 10% of controlled assays being
conducted as well as verification by an independent external assay lab.
About Metanor
Metanor is a Canadian based gold mining company with a focus on adding value per
share through efficient production, exploration, and development of it
properties.
Qualified Person
Pascal Hamelin, P.Eng, Vice-president of Operations, is the Qualified Person
under NI 43-101 responsible for reviewing and approving the technical
information contained in this news release.
Day #57 of the uptrend that began on April 2nd.
http://ih.advfn.com/p.php?pid=historical&symbol=NO%5ESRSR
Day #52 of the uptrend that began on April 2nd.
http://ih.advfn.com/p.php?pid=historical&symbol=NO%5ESRSR
I sent them an email through the website "contact" yesterday asking them to put some new photos up and they did. Maybe they are becoming more responsive, I hope this is a sign of things to come.
Day #51 of the uptrend that began on April 2nd.
http://ih.advfn.com/p.php?pid=historical&symbol=NO%5ESRSR