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The market is asleep on this one.
If this program can predict stock prices, and pope elections, why doesn't everyone use it to become rich?!
How do you get this program?
So have I! I'm in deep around $0.80...the company is doing better than they were when I first bought in at $1.30, and now I am underwater!!!??? Gosh.
This doesn't make sense. The change in sentiment for gold is unwarranted while governments are printing paper money, IMO.
Someday, the stock price will reflect how good the company is doing business!
Q1 2011:
- $0.02/share earnings ($0.01 diluted)
- May 13, 2011: Traded at $1.35
Q1 2012:
- $0.03/share earnings
- May 14, 2012: Traded at $0.77
Q1 2013:
- $0.06/share earnings
- May 14, 2013: Let's see...
Wow, how does that thing work?
So you think LSG has yet to bottom....gosh. I am a lot deeper into LSG than I would like to be. I'd really like to see it hit $1 again someday.
Once I free up some cash, I am considering averaging down with LSG. But I am scared of catching a falling knife...LSG is doing all the right things, but the share price has been pounded and pounded, regardless of what the company does, or what gold does.
I wish I was holding a boat full of BRD instead of this junk...here's hoping that your prediction about a July uprise comes to fruition!
Their neighbors down the road Brigus Gold just has a record production quarter with costs of $630 an ounce.
I hope Tony isn't playing games this time with his estimates - they are doing all the right things, but the market has lost confidence in him. In time, buyers will return.
It is nice to see how far BRD has come!!! Volume was low today - I imagine it was people waiting to see this...
Now, with such low costs, and record production, the market's concerns that BRD can't survive this bear market can be put to rest!
Excellent. I like that they can put 2 people on the board for Revolution, to help the company, and in turn, help their own shares!
Worst case, they can sell shares of Revolution to free up extra cash now and then.
I doubt you'll see that price again. The market doesn't seem to care about good drilling results (as seen by today's low volume after yesterday's excellent results).
But on Tuesday, I think that the market will start paying attention...
Thanks Marco, that sums it up nicely.
MS seems to go silent for months, then come out with huge news, then retreat to silence for months on end. The news has become better and better, though:
The news releases were initially purely testing results.
Then, they were about signed letters of intent.
Then, purchase orders.
Now, signed deals listing specific costs and profits.
I see a trajectory here, but I would like the next 8-K to confirm it. I would atleast like for MS to give us some sort of news as to what will happen to our money! I have always had a good feeling about this company - either we are all geniuses, or we are really stupid.
$0.66 doesn't make sense. 1 week from today, we will be laughing about this.
With BRD ramping up production, and having a good balance sheet, the Q1 earnings release should be a dandy!
I think it will move shortly on news. I am not worried ;)
I loaded up again today.
Can anyone with L2 see what is going on? For example, what stopped us from staying above 0.002 today? NITE?
With a financing deal, things like this won't matter anymore :)
I feel the same. Any pps increase is welcome!
I anxiously await! With gold's slow climb back up, a significant resource estimate could help us forget about the 0.6's and 0.7's forever.
105 posts today and counting...on a Saturday...and there is no news.....
Seems fishy if you ask me. Let's see what happens next week...
Smaller companies sometimes take more time than initially planned to deliver the news, from my experience.
I too am anxious to see the market respond to it :)
Not only do we need financing, but we need the news to be circulated in media. The website blog, written by someon hoo kan't spel, will not be taken seriously by investors, and will not generate the buying power we need to get back to 0.02, no matter how good the deal is.
If no one knows about this stock, there will not be anyone to buy our shares off of us!
That was a good sign! Volume really picked up at the end of the day. Perhaps the people who were sleeping on BRD are waking up!
Based on this news, I thought we would open at .69 this morning and cause into the mid-70's, atleast.
IMO, if we don't get good news in May, we are toast. News should be coming out, which might prevent the dilution from taking us to 0.0001.
Also, the lease expires on their office in May.
The chicken farm deal is the best news yet, but we haven't seen any benefit.
I have been holding ECOS shares for almost 2 years now. Currently holding 1,700,000 shares, and not planning on throwing any more money down the toilet for this.
I believe they are trying to get the company going, but I also believe that it is not amounting to anything but to make toxic debt loaners more money. Furthermore, MS is keeping us in the dark on these random deals (NPU orders, Ukraine, Detroit testing).
MS is probably working very hard, but after multiple signed agreements, the NPU purchase orders mentioned from Q4 2012, and now this chicken deal...and now they are talking about batteries again?
It is a long road back up to 0.04 when the only way to keep your lease is by selling hundreds of millions of discounted shares of their own company...
MS is signing these deals, but has no way to follow through on these wonderful plans. Compare it to (theoretically) you agreeing to pay me $5,000,000 per month if I build a skyscraper on your property. Sounds great for me, but I can't build a damn skyscraper. I don't have any tools.
I want to believe in this company, but ECOS PR's seem to be unlikely fantasies.
Possible Target For Gold Price Bottom
"The first thing I would like to point out is the fact that a drop to the $1000 is possible. I do not believe that it is probable, however. If it goes to $1000 level, then it is unlikely that it will go there soon, as part of this drop. It would probably take a couple of years to get there, in such a case.
What is interesting; however, is the fact that if gold does a bottom similar to 1976, it would go to around $1000. That is a 60% decline of the move from the bottom of this bull market ($250) to the top at $1920.
Note that a drop below $1000 would probably mean that the gold bull market is over.
A bottom of $1300 is the call that I am going with. It is consistent with where I think the gold market is. I believe we are close to a major rally, very similar to the 1973 and 1979 gold rally. If this is the case, then there should be a very bullish pattern present on the gold chart.
The patterns that I have highlighted in red are the most bullish patterns I know. It is not a conventional pattern like those seen with traditional technical analysis. Based on the standard dimensions of this pattern, we should get an ideal bottom at $1300. If gold does not go lower than the $1300 level, over the next couple of weeks, then this pattern could be valid. If the pattern is valid, then gold will rally like it did in 1973 and 1979.
Also, I believe that the drop below $1522 is still part of the consolidating pattern since 2011, and not a break-down of that pattern. In other words, it is similar to the 2006/2007 and 2008/2009 consolidations, but with its major low right at the end, instead of at the beginning or close to the middle.
The $1300 level also represents a 50% retracement of the move from the $680 level in 2008, to the top at $1920. This is similar to the retracement we had in 1973, before the big rally."
_________________________________________________
Gold seems to have bottomed at $1357. Now it is up almost a hundred dollars to $1444. The LSG sell-off is unwarranted, especially given that other junior miners from Timmins (BRD, for example) have rebounded nicely from their bottoms.
Nice to see gold jump back on that 24 hour graph, thanks for the info!
Wow, that was a huge sell, bringing us to a new low.
After record production in Q1, finally reaching targets...I don't understand.
This is a bloodbath.
Thanks jorak, I am glad I entertained you! I wish it wasn't at the ECOS blog's expense...
I hope you are right about your optimism! I'd like to buy a house soon, and all these shares at $0.0016 don't help anybody. Maybe my girlfriend and I could move into ECOS' office and pay them some rent, so they could have some money left at the end of the month to actually get something done?
Here is the current plan for ECOS, from what we can see:
1. Get wicked technology
2. Get someone who can't spell to write the blog posts to current and prospective shareholders
3. ???
4. Build facility to produce 1.5 million litres of D-20 fuel per month
5. Sell D-20 all over Korea, then expand to other parts of Asia, then Africa and Europe
6. Huge profit
Our chickens seem to be frozen at step #3 (no pun intended). Hopefully all this dilution amounts to something. The monstrous dilution all began after announcing the chicken deal (which was also shown in the recent 10K), so I can only assume it is to finance building the facility?
NEW PRESENTATION
Delivered to European Gold Forum 2013 Presentations, Day 2, Tuesday, 17 April 2013
http.edge.3qsdn.com/presentations/58_.pdf
BRD is doing better than ever, yet the SP has been beat to death...seems like a buying opportunity.
I picked up some more LSG today. If BRD stays at these prices, I plan to buy some tomorrow!
Gold can't be held back forever while paper money is being printed all over the world.
I am not a fan of the misspelled words and lack of grammar.
"Tuning the future green" has been on their website for over a year. You would think someone could fix it.
This latest news blog is littered with spelling mistakes. Not a good way to attract new investors...
But as long as they are progressing with their products, that is the main thing. Eventually, buying pressure will come.
Thanks jnewbold2!
I look forward to the 10Q and any other good news. We have taken a beating since the chicken deal announcement, I assume so they could sell shares to finance the chicken deal.
Thanks for the insight NYBob. There is no doubt that the drop in gold has been orchestrated. How can gold drop in price while money is being printed more than ever?
LSG is going to make us some money when gold rebounds and they reach record production.
This is great news that they are finally producing and appear to be on the way to meeting 2013 production targets.
But gold has fallen so quickly, and it does not make sense! Why would gold drop so much, while more paper money is being printed? Where is gold's bottom? When it rebounds, we should jump right back to $0.80 IMO
We're back at .59 now....I am dreaming of 0.90
Atleast ECOS is going to make money off this Korean chicken deal.
And whoever is selling millions of shares all the time is making money.
It doesn't matter how good the financial results are. If the company loses money, we suffer. If the company makes progress, we suffer.
ECOS is a snake....slithering around at about 1/5 of a penny...
Swallowing shareholders whole when they think everything is okay...
MS stands for Master Snake.
We're still above 0.002. Is the madness over? Can I put my violin away?
I wish I didn't agree.
I think we got played.