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I agree that if the company announced a major gtl deal with Synfuels, Franklin and the people from The Land Of Fire, herinafter to be called the LOF, it will have an immediate positive effect on the stock. Considering the size of the Synfuels contingent it is not far fetched that some sort of a MOU or letter of intent can be reached this week. Meanwhile the company is getting closer to the completion of the processing plant at Escala. Finally, I agree that low volume moves are technically very significant. Some believe it signals that there is a big order to buy which will have to be accommodated at much higher prices.
Please forgive me if I use (misuse) your great line to B of S about" flatulating his sound and keen opinions." I bet it would sound even more mellifluos in Spanish. The Synfuels International methane cracking process seems very exciting and the Kuwaiti partner, who may soon own a 25% interest, may be interested in financing this first commercial working plant in Argentina. Such a deal would undoubtably generate worldwide publicity for the project and put a small pink sheet mining company on the radar screen. The investors here may soon be so rich they will flatulate in silk.
Petty and some execs from Synfuel will be touring the site Monday and the translation provided would indicate that the local Tierra del Fuego, The land of fire., government likes the promise of investment to help the economy providing jobs and a hope for the future in a poor province. It would be nice if the Synfuel people like what they see and give the go ahead to build the gtl plant.I wonder if they have any Coochie coochie girls to keep the Texans happy.
Senor Flush de Royal. Si possible translatar el articulo in los periodicos por los gente estupido tan para mi quien no compende espanol. Es muy impotante que el govierno creyo in el technologico de GTL. Dice hola a getehm tambien.
SHHHHHH.Stealth move coming I think. BTB was out at .0022.
I'm impressed by your acumen. Are you in or out or on the fence. Make the call Mr. Fineas T Bluster. Buy, Sell, or Hold. Need your advicxe to make a smart investment decision.
then it must be a good time to sell. :)
Your moniker is obviously a misnomer. At 4 am yesterday you were praising the big money and by days end you were out because of a down day on some profit taking. In my opinion the real way to breakthebank is to find a small unknown company that grows and develops into a behemoth. But most of all, nobody breaks the bank without a great deal of due diligence, some investment capital, and luck. If ANY of the projects this company is currently developing is successful, this company will trade at a much higher price given its miniscule current market cap. Good luck to you on your day trading. Suggest a name change to pumpanddump. Casinos make fortunes on system players. Bye, buy.
We can ride his pettycoat tails to the junction .
Not a bad day for the Truester. Up a quick 10 per cent. SELL.
Welcome back Kotter. Always liked his TV wife. Now Gabe spends his time on the world poker tour. Glad you weren't stubborn since there is a new investment thesis, as the finacial snobs like to say. Of course the four most dangerous words in investment are : This time its different. Maybe soon. We shall soon see. 50 days till thye startup of operations at La Paz.
Go to the website and take a look at their operation. Why would they mention fmnj. This is a private company that is working on a new tedchnology with a Texas University.It looks very doable and maybe the Univ. may even help with the funding since this would show the technolgy works in the real world. I have a feeling that the trip to Argentina will be very important. Obviouly the environmental concerns will not be as much of a stumbling block as it is here in the US where we can't get any much needed refineries built.This is exciting news that is being overlooked because it is at this time conditional. Sorry we lost True. i Hope he decides to get back in for the ride. I am very optimistic.
Smart play. After the day traders are out, I expect that the fudamentals will take hold and the steady rise will resume. Very healthy movement in the stock as it digests the news. In a better market, stock would be over a penny just on the news to date. Price looks very reasonable here.
Very interesting news release. Here is my take. If you go on the Synfuels website you will see a nice photo of its pilot plant that takes natural gas and converts it to 95 octane gasoline. I just paid $4.65 a gallon for this type of gas here in NY. Apparently, the Synfuels people will visit Argentina with Petty and after examining the natural gas site, they will try to conclude a deal with the Argentinians to build it. My guess is that Franklin and Synfuels will be joint partners making the cost to build, since Synfuels is the manufacturer, reasonable. The numbers here, if they can pull this deal off, is extraordinary. Examination of the photo reveals that it seems like a simple design and not too difficult to build quickly. The market may not understand it yet, but, soon it will. This company niw seems to be an unbelieveable investment at prices below .03. Hang on for the ride as smart people will soon see how outstanding this may be.
All kidding aside, there is no reasonable way to project whether there will be profits or even success in the oil/ or gas projects. All know is that if you have a long enogh straw, you can drink a nice milkshake. What I do know is that now instead of mere promises, we can actually see some action. That is, unless the photos at Escala are faked and we didn't really land on the moon.Meanwhile, the proceesing plant at La Paz is closer ot operational status. A 50 million market cap is not unreasonable in my opinion. Do the math and tell me how much the price will be based on the O/S.
How many here would liKe to own a piece of an oil well today. Can I see a show of hands? Bueller, Bueller?? You pull up and say "FILL ER UP".
Intersting how with such an active board, no one here is interested in discussing what this news may mean for the company. For what it's worth, Petty stated in his letter that the company obtained a 300,000 loan to obtain drilling equipment in Texas. My guess is that they will soon start drilling a oil or gas well in West Texas as refenced in this news. I believe a well can be drilled in a week or so. If the seismic studies are proven fruitful, we may have somethiong real good to celebrate. Most of the speculators and quick money kids who like the micros here will probably be long gone by then. Good luck.
The chart shows little reistance until .0024. A quarter of a penny does not seem to be an overpriced number. Wonder how the processing plant constuction is progressing.
You think he's a dolphin??
Its a shame you don't invest in a company you believe in. Hope you get your money back.
Royal I think many here including me will rue not jumping all over this stock at a tenth of a penny. I would not be surprised to see this stock up as an easy ten bagger from here by the end of the summer or sooner. Lots of stuff in the works and that $300,000 loan the company received is impressive.If Mohammed wont come to the Mountain than the mountain will come to mohammed. Cerro Rico , of course.
Too many here are looking for a get rich quick scheme. The letter has given much encouraging news for those who bothered to read it. A joint venture with R&D MINing to complete the 100 ton per day plant in LA Paz can provide the cash flow to make this a major mining company. Likewise the setting up of the pilot plant to Escala from Potisi. The final surprise was the deal to drill 10 wells and the fact that the company got a substantial loan. Since the company started from ground zero in NOvember, the progress has been remakable for those who have the ability to look at the foundation and not a pipe dream. Once full scale processing begins, the Street will notice if not sooner. The newbies who think they can turn a $500 investment into a small fortune had best spend the money at a slot machine. While this board has becomke active, the information posted has been mostly useless if not harmful. Guess that's what is to be expected on the PInk sheet. good luck
Wasn't that Carl Sagans line about the stars in the universe. Billions and Billions.
Sounds like you ar4e looking for a "break out". Remind me to sneak in a hacksaw the next time I visit. Whatever youse guys aree smokin, please save some for me. I see no reason for optimism. Where is tony to give the choir a reality check.
He also has good experience with the coochie babes I bet. True you have become a rooter. Oil, gas, gas to liquid, a little gold and a llama farm. We are a conglomerate for goodness sakes.
They are sorta green. Like baseball, my friend, its a marathon not a sprint
Tricky, if we are fortunte and there is a "next year or two" there is a high probablility we will all be alright. For all their foibles, management here has apparently been giving it the old clloge try. From selling gold bars, to zinc contracts, tailings, deals with tertiary companies, trying to kiss up to a long lost Rothschild, gtl deals, the great Silver Mountain, and finally a defunct mine that may have great reserves based on todays metal prices, you can't say Jaime or Petty have not tried to make this work. With all teh failures, the company is still standing and who knows. No one ever got rich without taking a cahnace unless he was already rich like Donald Trump.
See post 22140. Do you ever do any due diligence my friend with the big position of a stock he knows little about.
Not much on Cherokee Oils website. Can't find anything yet an General Turbine. Maybe he is an officer in the BOlivian Army.
Who said you can't get tomorrows news early. At 8:30 AM today, 22 minutes from now, FMNJ will announce a deal to provide oil rigs to an American company and perhaps to the Bolivin Oil company. Unfortunately there is no monetary terms mentioned and the deal is a Joint venture , which suggests that fmnj may participate if oil is indeed found. I believe it doesn't take too long to dig a hole which is good since this stoclk is burying us. By the way, in Trues litany of failed projects, I believe he omitted the East Delta merger which never happened. Oh well , at least the rig is up and not the jig. If Franklin is now in oil the bubble will probably soon burst. Hope the company can post the winner of todays first race in time for me to get to the track. By the way, for the curious the early news is posted on the website and since there is no premarket trading, it can't be used by greedy fronfrunners like me.
Time for Senor Petty to put up or shut up. All the rich investors now have a huge piece of the action. Like the coochie coochie girls say: The rich get richer and the pobre have babies. Lets at least see some pix ofa the processing plant in Bolivia the magnificent 6 visited last week. A little news about Argentina wouldn't hurt either. Maybe some 8:30 am news??
Me llama senor Petty. An appropos llama.
Hey True stop being an apologist for posters here who have been less than forthright. I thought the idea of a message board was to promote a free exchange of information and opinion, not lies and innuendoes. The expose of a guy who gives a bs statement of his position and then bashes against his alleged own interest is not pushing anyone around. We finally get a new face here who does some DD and fresh thinking and you want to push him around. You don't think Tony Petterson777 find is germane when the poster only drones on and on ad nauseum as to how much he hates management and the company. If someone is so disgruntled they can easily sell and move on rather than filling up space with dribble. Worst of all your "friend" seem to have an absence of a sense of humor. I for one welcome the new poster. If this works out I am paying for his date with the coochie coohie girls at the celebration party. I've lined up the mama llamas for your smart, informative "friends". Yak, Yak
A statistical anamoly voz. Only a few shares at offer of .0006. kinda like painting the tape. btw after hour 2.2 million trade at .0005 so stock is only up 25%. Thats why I tried to point out the absurdity of percentages at these micro prices.
Hey you had a good day today. up 50% and up 100% from the .0003 low.You are doing very well indeed. How many shares did you buy at .003 and how come you decided to reveal your position today which approaches or surpasses Marts. Wish you a lot of success. The mama llamas are waiting for your visit.:)
Retro hasn't posted on this board in months. What are you talking about dude? Are you still getting privare emails that you want to divulge. What have you heard??
OK here's the scoop my leftie compatriot. lol. The capitalist system requires money to run a business. If you ar lucky like a Donald Trump, you can use OPM, Other peoples money. If not, and you are an incipient mining company operating in a bear market where major financial institutuins are getting killed, you have to issue and sell stock. Kind of like an IPO or a secondary offering. The stock issued and sold probably to guys like the 6 rich tourists at bargain basement prices hopefully goes to building Escala and paying for trips to Argentina to do the illusory DEAL and not to line management's pockets.The only light at the end of the tunnel is that Escala most likely does exist although its worth is questionable since another mining company walked away albeit when metal prices were much lower. Can we ba another GSPG? Who knows. The posters here, including you, are small players and make as much difference as a pimple on an elephants ass. No offense. (Can't wait to see you take my comments out of context and boldfaxce them.)The company still has a reasonable shot to make it in my opinion since Petty, who I agree with Tony looks a little shopworn, may have the ability to pull this off. As my grandaddy used to say, never judge a book by its cover. By the way, those who post percentages at this level miss the point. Money isn't made by percent gain, its how much balls you have to invest and wait for a big score and that only happens when we are in pennyland if ever. Good luck
Six rich guys visit the company in Bolivia and maybe like what they see. Company present market cap is a million bucks or so and they have a contolling interest with Jaime and Bill. Omar Minaya makes a statement at 3 am Bolivia daylight savings time in Spanish and English. Willie Randolph takes over as CEO of fmnj. Company makes a movie: With Six you get Heads Roll. Hi ho we hit another low. must be getthem getting out of his massive position.
premarket trades at offer. what's that all about. maybe news. fingers crossed.
Vaya con dios getthem.