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know what? about Segovia? because i live in colombia and so that is why I know Segovia is one of the richest places in the world for gold. i am not colombian, i just happen to be working here, traveling back and forth between here and the states. i actually just arrived in boston tonight and will be back in colombia on the 24th.
do you know anything about Segovia?
agreed %100
i can confirm that rumor is true .. management is in colombia .. i really think these guys are working hard but there is only so much you can do in one day right?
ergo .. just wondering why you read this board? are you waiting to jump in when this thing rockets? some money can be made in the short term but i think the biggest profits will be made long term. if you buy up some shares now, make sure you save some.
yep .. once thats fixed, i know these guys have enough things going on they can keep the pr's coming and keep this thing moving in the right direction
watch mgmx .. could be back on pinks as soon as monday .. if not monday one day next week.
i was doing some searching for recent news here in colombia and came across this ..
http://www.sociedadcolombianadegeologia.org/noticias_amp.php?id_noticia=351
its a month old but at least we know people are doing some work down here .. also, its something from Fernando Parra .. for those of you who do not read spanish you might be able to use google language tools to translate the page
i would like to make sure you understand that it could be as soon as monday, if not, i would think it would any day next week as long as there is nothing wrong with what mgmx sent pinks.
i am glad you understand. i will say i am not here to waste my time posting rumors .. i am here to post anything i think shareholders should hear, this not being a rumor, however it is an assumtion from mgmx that they think pinks will be quoting very soon. my opinion is .. that its their (mgmx) "assumption" that pinks will be quoting again by as soon as monday, so it makes me think they (pink sheets) already have the opinion letter .. the mgmx assumption could be wrong because maybe pinks still have not reviewed the form yet, which means there could be some information lacking or something wrong with the form so maybe they would have to update the form again before pinks will quote. so i am not saying load up on shares (unless you just like to take risks) .. i am just saying keep your eyes open because this could be fixed very soon.
i would have to agree GLTA
just spoke to a very good source today who told me we might be seeing the pinks thing resolved sooner than i thought .. like as soon as monday or tuesday.
based on what they said in the email, i would guess by next thursday (latest friday) pink sheets will be quoting for them again. that will give them monday to send the document (fax or overnight), pink to receive it, process it (someone mentioned it takes 24hrs), and then that should be it. they can start pr'ing away and hopefully make us some $$. i just hope its not monday morning because i will be on a flight to boston all day.
nice .. i picked some more up today as well .. just wish i had more extra cash to really load up here
nothing yet
i loaded up at .0205 and glad i got out when i did .. lots of folks losing money on that one .. i should thought it would have continued to go up at least over .15 though .. good call
much appreciated .. i added chicken club earlier today .. regarding momentum players, i have been watching this board but hard to follow sometimes .. the only one i was lacking was greenarrowstock .. seems like a good group of people there posting .. thanks.
i will keep a closer watch thanks .. what board(s) here would be a good one to keep an eye on?
wish I would have heard about it :(
my thoughts exactly ..
I think you will be suprised on how quickly this company will recover once Pink Sheets is fixed. I am predicting that next month will be a really good month for this stock.
why do you think my buy order is not being filled (50k ask)?
i guess however you were %50 correct because there is such a thing as colombian spanish .. thats what i am having to learn now (i am working down here) .. they are know for how good (accent) their spoken spanish is so it makes it easy to understand (in most cases). you do have your paisa's, which is the knick name of the locals here in antioquia colombia (fyi - medellin is in antioquia, the mgmx colombian office is in medellin) and they definitly have a distinct accent and are very friendly people (it takes 5 minutes to start a conversation because of the small talk .. how are you, how have you been, whats up, its nice to talk to you, what have you been doing, etc.), then the real conversation starts (and this could be someone you never met before). some good people, serious about business and hard working. however they do not lack in holidays around here .. seems like one every other week :)
exactly
it appears as though we are looking at two different things here .. one this company got hit by spam .. another is the firm they hired to help with IR messed them up by dumping everything in 2 days as mentioned in the previous message (assuming the guys information is correct). there is nothing the company can do about the spam other than to send out a message stating what happened. The deal with the IR firm is just too bad what happened. All this does not change what the company is capable of doing. These bumps in the road will smooth out and they will do whats necessary to bring this up to where it should be.
you left out something from the original message ...
<..snip..> This investment banker who has worked with a IR Firm on other deals in the past has been basically fired for their behavior the past 2 days. <..snip..>
well ...
The fact that the company paid touts to spam for them was established a long time ago. Don't fool yourself. = there is no point in arguing this because people will think what they want however the company did what any company should do when this happens to them, and that is to release a PR reassuring investors they did not do this.
These people are perfectly capable of clearing up all the matters pertaining to the finances of this company they just don't want to. This is not a family business this is a publicly traded stock. = this was my way of saying that these guys are working together, working smart, and doing what it will take to make this a strong company. It might take some time but get ready for the ride because I think this company will be suprising everyone. Its unfortunate for everyone that they had to start off with these kinds of challenges but I think it will only make them that much stronger.
It was the company who claimed they had reported more than they needed to report. = i am not sure how this relates to what we have been talking about.
GLTA
Ergo, not bashing you .. just would like to add my thoughts ...
Let's recap.
Company pays touts to pump stock. = Lie
Company sells stock. = Not in this order
Company claims it has filed all financial forms necessary. = A form held up in lawyers office
Company claims they are raising money by selling stock to finance operations. = Whats wrong with investing this money in the company?
Company buys a new mine from the CEO of the company. = Family business
Think about who is making money here and who is not. = I will be soon!
Company claims gold is worth billions. = Official geologist report will come out in the upcoming months (vs internal).
So why is the CEO selling his claims to those properties? = Family business
Look at the last PR about the geologist 800 million tons of rock and supposedly all of it is gold? = Do you know anything about Segovia?
These people don't even lie well. = Probably because they are not lying.
GLTA
yes good point
fyi - colombians speak spanish
damn .. what happen to next week! now i am going to be expecting something sooner than next week .. i might not be able to handle the excitement!
also i would like to remind the board that the reason for this delay has been because their lawyer was sick (i think pretty bad shape) .. they must have reasons for not working with another lawyer .. maybe they were expecting a quicker turn around time. i would hope they would start looking into another lawyer to avoid issues like this down the road.
a few thoughts .. by them sticking with this lawyer can be a negative and positive thing. positive could be when they are committed to something or someone, they stick to their commitments and give things a chance before jumping the gun .. would reflect how they are with their checkbook too .. they are probably getting a good rate from this lawyer and/or have a long term relationship with him. this is the colombian way (from what i have learned living down here) .. i have a maid who will let a bowl of leftovers sit in the fridge for weeks because she does not want to throw anything out .. they do not waste anything .. especially money. i think we can all be sure these guys are not selling their stock for peronsal gain at these prices .. i think they would sell only if they had too .. and in this case i am assuming it has been to get this giant off its feet.
its definitly possible .. keep watching patiently
300k for me and looking to add more
I guess I should not write good news as the first of my post because it might make people think Pinks is quoting again .. sorry if that made anyone get excited for a minute.
good news .. thanks for the update .. things seem to be falling in place (next week might just be the week!)
you probably made the same mistake I made the other day .. I typed in MGM and forgot the X .. almost had a heartattack when I saw the quote.. LoL but then realized what I did.
I was thinking the same thing lol
I just cant help reading that PR today over and over and over .. beautiful! :) GLTA
Xechem Receives Approval For Sale Of NICOSAN(TM) From Nigerian Regulatory Authorities -- NAFDAC
By BusinessWire
Last Update: 7/5/2006 2:26:21 PM
if you see MGMX show up on the Quote Request Leaders list (PinkSheets), note thats only me checking every 5 minutes to see if they are quoting again :) lol