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Does anyone know if ZECCO is back to normal trading for this stock yet?
I think most people know the PPS will not go up until the mill permit is granted, so attempting to buy more shares with limited resources (for me anyway) is not the stupidest idea I have ever heard. I am tapped out myself so I am long and hoping for great things soon.
Anyone have a guess why volume is so light?
In case you are not joking. market is closed today.
Soft product launch, is probably best with this companies history. Allow them to slowly rebuild their credibility with the market. Product sales is what will build this company, not PR's.
Knowing how people on this board are, I would be very hesitant to list vendors yet. Why take a chance on 50 people calling and talking bad about their new product. I would wait for major deal to be executed and then announce it....perhaps they finally are learning from previous mistakes.
It may be dilution, but we know CGFIA needs to raise money to pay for various fee's and permit's. Is that not the purpose of selling stock (to raise funds).
The company is slowly but surely moving in the right direction, share price will adjust when the permit is granted.
You failed to account for flippers selling everytime the stock moves, or you probably would have been correct.
Might a good thing having someone with a vested interest in the company suceeding working for the company (?)
Could be, but unlike most companies we have enough knowledge about what the company is doing to know that they have incurred additional fee's on the mine and new land costs for the dry stacking.
I do wish the management would stop paying themselves such a high salary till they actually acomplish something, such as opening the mill.
I am hoping the truth is they are not crooks but very inexperienced business men that were in way over their heads, and made a great deal of rookie mistakes ( ie..press releasing deals before they were signed). I believe they greatly miss judged the true expenses of starting a company, tried to do it on the cheap, and found themselves in a bind and did not know how to get out of it except to sell more shares.
If this is the case then LJ bringing in a experierienced team could make a big difference.
Holding my shares but not buying anymore till I see a light at the end of the tunnel, after last night I think I might have at least found the tunnel.
It would appear you do not have a marketing background, Although I am not sure it will work in this instance, you can create a demand for a product (think i-phone, i-pad)though press releases building hype for a product prior to its release. If it works for this product, the Grand MaMa character is brand marketing at its best.
Remember target demographic and where this is being released.
Purely from a investors standpoint, we must be aware that most people do not read the blogs, and a PR about a public event/new product "to them" (asuming it actually happens)could bring much needed investment capital. The New management might then have a fighting chance to make us some money.
This one will be easy for us to validate, they gave a exact time and place.
I have waited this long, I can wait just a little bit longer.
LJ's star power is the same as when you were such a supporter.
I think press releases like this are to gain new investors and to bring awareness to our stock, not really as a update the old investors.
On the bright side it would make sense that they think there is something to look at, so maybe big news soon.
I agree with what you say, but It sure would be nice to know the caretaker has been working on the equipment and the POW mill is ready to open when given the permit. I know wishful thinking...
No news makes for a slow day, surely there is something management could share with us.
Probably a smart business move, stock is already as low as it can go.
Best to get rid of your dirty laundry now so nothing can bite you in the butt later.
True, I think many of the posters have to much money/emotion involved at this point.
Some of the comments are just poor DD, for example "I called and heard a baby"--While funny, could mean nothing more than someones wife brought them lunch and was in the office, hardly could be considered DD.
I think the believers have adopted the company line for now and quit talking, anything said thats positive gets bashed into the ground.
Not entirely sure if I am a believer, but since I own stock I wish the company the best and hope to someday make some money.
I know it will be hard to believe, but not all investors live on the ihub board. I would think that is the crowd this newsletter was intended for.
I am wary of this company, but only have "play" money invested so not as emotionally attatched as some are. I guess I am just more patient than most, I once worked for a company that took 6 months to pick what type of new lamps to put on our desk.
Starting a company is very time and labor intensive.
I ask all to show patience with CGFIA, It is easy to say dry stacking is the answer, much more time consuming to actually put a coherent plan together that meets all legal and enviormental concerns.
Does anyone know if we(CGFIA) are managements primary interest right now?
I think I read somewhere (cant remember where)several of them sit on other company management boards or are consultants for other companies- Could explain some of the delay if we are their night and weekend job.
I am a long term stock holder myself, I dont completely agree with what you say, but I cant argue with your logic.
I wonder if this being only one of many companies he has his fingers in is a partial issue on the timeliness or lack of updates. CGFIA might not always be on his front burner.
No problem, I was recently in a stock that so many people "helped" by calling everyone involved, that the distributor of the product dropped it due to what they felt was harrasment.
Just passing on my experience.
I know it is a slow day, but sending theese type of ideas to management is probably insulting at the least. He is a expert in this field and you probably googled it.
Also sending e-mail to Wally will probably iritate him..... Not what we need. He does not care about our PPS.
Revamping a business plan will take a few weeks and odds are they might have taken a few days off for the holidays. As hard as it is patience is what is required.
Many of the gold stocks jumped during that time frame, I think we just got cought in the wave.
No problem, I think he was just posting the meeting agenda.
It seems to state what we all know, The actual hearing is on the 15th. Do you see something different than that?
Correct you are, I am starting to think till the marketing/dotribution plan are executed we will not have enough momentum to bust out of this low pps, a pr stating drink are in a certain store is not newsworthy enough to launch us.
I am wondering if they are allowing converse to reintroduce GMM to the market with their commercial, and then piggybacking off of that. If this is the case I would assume the company is doing everything possible to have the marketing and distribution channels in place as quickly as possible, but they not quite ready for a big debut till then. Thoughts anyone?
Any chance they are waiting to run the tea and the Atomic Dogg at the same time,One big PR push to bring product to market?