Still going strong
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It then means nothing is different except the person steering the ship weighted with o/s shares growing heavier by every passing month. So why is Mick good news? Appears to me the real owner ain't on the water but safe on dry ground.
Two questions: 1. What is the total O/S as of end of last quarter? 2. Who owns the 4 Series A shares which controls the whole company?
What is to be sold that creates a bunch of revenues? A billion shares of volume will not help by itself.
Well drilling has begun!
Well good luck hope all will get whole plus make some bucks.
I'm waiting for $0.00005 and will pick up 10,000,000 shares for just $500.00 and for old times sake.
Got my Excelsior Consolidated Financial Statements in the mail today. They are flush with Cash and they have confirmed, "Construction of the Gunnison Project is expected to be completed in third quarter 2019 and copper production is expected to begin in fourth quarter 2019." All of which assures yours truly we are a real company expecting some real revenues coming THIS YEAR!
Now or never is the time to buy as once the production is "end product" and copper is to market the train will leave the station.
Yep they are about a year behind schedule...go back to posts 500 or so and read my expectations for then.
LOL but surely ALTAF is worth some soon upside when earnings begin to flow. Rounded my holdings this morning and now have a nice 55,000 shares. Held 65,000 when I sold all about a year ago.
Actual was 26346 for any fact checkers. Lol
Pick up another 26,340 shares today.
Great...with top 20 owning 1.9B and O/S at 2.1B that means only 200M between us little guys! Tried here to get some at .088 but no luck today.
Feel anything under .10 is a good price so picked up another 10k at .09914.
You must have sold as you only lose if you sell and forsake a comeback.
So do we 11 guys own all the shares?
Just got 5K more and I'm the only one buying shares in past two days. Folks playing this very close to the vest!
Sold my last 50,000 shares back in early April 2018 for $0.33. Just got 10,000 today. However, made some bad choices in between and just now believe I can recover from past losses and feel good about ALTAF and hope to get more at these good prices.
Bought back in with a few shares and rejoining ALTAF after a year'S ABSENCE.
Finished yesterday moving all EXMGF into our Roth Accounts plus adding total allowed of $7.000 for us older investors for this year. Therefore can say I'm locked and loaded for whatever happens. AVERAGE price is at $0.75 so presently under water but fully expect EXMGF to deliver as projected by management and all hopeful investors that have bought into this story. BCNU
Exactly and that is my whole point! To go from 2.4m up to 50m the market cap needs to increase over 20.8 times. What is going to cause this increase with no revenues and continued issuance of shares outstanding?
I no longer have skin in the game and should shut up. Will check back at .08 if it happens so good luck.
Understand and that is great but 6 billion is already issued and a drag on any movement upwards. Stack those shares it go up over 400 miles high! An optimistic multiple of 20 to 1 would mean they need to earn $345,000,000 to justify a price of just a Penney or 1 cent per share. The hill that must be climbed is along time before WRFX can earn $345,000,000. Again if this happens share price of 1 penny is probably too high. When will they make a million let alone $345,000,000? Is there any promise they have not issued 6 billion shares already and won't issue anymore after today?
Not bashing just highlighting the facts. There is no churning happening with WRFX. AVERAGE SHARES traded is 51.1M and O/S is 5.9B so not even 1/10 of 1% of total shares are traded here which is less than peanuts. That means 99% of current shares are on hold hoping for a wing and a prayer. Sort of like an old man with a hand shovel trying to clear the entire length of the PA Turnpike covered with 2 feet of snow. It is impossible as long as they keep dumping billions of new shares which is now over 5.9 billion!
Best to you and Wrfx for the future. Not sure how they can climb out with 5.9B as mentioned. Maybe a R/S but not until they get a substantial inflow of Gross Revenues. BCNU Instructmba
The numbers work against any real positive movement for common shareholders. Having 12.9B total and 5.9B in the market is beyond the comprehension of most sub penny investors on this board in my opinion. There where only 101 listed stockholders in the last 3rd qtr report. Let us be generous and estimate a total of 1,000 people invested and trading in WRFX. Wait, let us be ridiculous and say 10,000 folks own and trade this stock! Can you picture the problem of these people fighting each other to sell their shares at a profit? 5.9B shares is an anchor that will keep this under water.That is why I've sold all my 52,000,000 shares. Good luck and pray I am wrong.
Seems like plenty of shares being sold...about 3 times or 120,000 vs 40,000!
Thanks and back at you...picked up 7600 more yesterday at .59??
Thanks and back at you...picked up 7600 more yesterday at .59??
Thanks and back at you...picked up 7600 more yesterday at .59??
Very encouraging report!
Huh? Twice what...
This was my biggest disgust...4 billion added to what now is over 5.5 billion. It doesn't matter what the he'll they do...no company can lift 6 billion soon to dump in the MARKET. It is impossible to issue 5.5 billion and who or how did they sell that much? No body can even count to 5.5 billion in their lifetime!
This has all my hope as 100% all in!
Bottom line both Arendas and Excelsior are stating this finance arrangement will have the least impact on any common share dilution. This is the best news we could ask for and supports my decision to stay long.
Production in 2019 begins with $75 million financing is all what we've been waiting for!
Mr C. Have not posted in long time but I'm empty of all WRFX sold my last 20,000,000 at .0004. Good luck to all. The OS shares that have been dumped since March is the trouble no CEO can recover from in my opinion. No amount of R/S will help either. I thought 2B shares were problematic and think 5B is about as bad as jumping on the Titanic. The load is too heavy to lift no matter what they do. JMHO
Agree should be a cakewalk. Wonder if a test drill will be required?
Agree should be a cakewalk. Wonder if a test drill will be required?
Need financing agreement in place.
Great news as I went all in last week and 100% invested in EXMGF. Hope they hires their Manager and the drilling is started TODAY!