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Give the guy a break. Think of it as part of his pay back for inventing the internet.
I currently pay .07 per Kw
Mutual fund- Atrio US Microcap 1, JMCIX has 242,580 shares of SFEG. http://www.artioglobal.com/individuals/microcap.asp . Click the Holdings report.
SantaFe Gold (SFEG), used to be Azco Mining (AZMN).
Anyone know if the company still exists?
That sums it up very well. Thanks for posting.
MasterTbone, how did you hear about this company?
AA up 7.5% right now... Crazy.
TD Ameritrade
Anyone here?
SNUS looks like it could be a winning pick. The stock is really undervalued at .40.
Just found the board yesterday.eom
Very nice. Thanks.
Have any good info to share about SPCI?
Made a killing on AVNX about 7 years ago.
Always watching. Just dont have much to say usually...
Looks good.
SFEG up 15.5% on financing news. Bet it makes it back onto the Powerscans list this weekend.
SFEG keeps showing up on Bill Panetta's Powerscans...
Santa Fe Gold Raises $450,000 in Private Offering and Receives Commitment for Additional $3.5 MillionLast update: 10/31/2007 9:30:02 AMALBUQUERQUE, N.M., Oct 31, 2007 (BUSINESS WIRE) -- Santa Fe Gold Corp (SFEG), a U.S.-based mining and exploration enterprise focused on gold, silver, copper and industrial minerals, announced that it has completed a private placement of senior subordinated convertible notes and common stock purchase warrants to three accredited investors for an aggregate purchase price of $450,000. It also has received a commitment from another investor for an additional $3.5 million under similar terms, with closing anticipated in approximately two months. Dr. Pierce Carson, CEO, said, "Notably, the transactions are structured at a fixed price of $1.25 per share and therefore protect the interests of current shareholders. "We intend to apply the proceeds toward development of our Summit silver-gold project and repayment of approximately $1.0 million owed to present institutional investors. We also are continuing to explore avenues of financing to secure the additional funding required for Summit's development, which is estimated to total $13.5 million." The convertible notes have a term of 60 months and bear interest of 10%. Interest is accrued for eighteen months and thereafter paid quarterly in arrears. At the option of the holders of the convertible notes, the outstanding principal and interest is convertible any time into Santa Fe Gold's common stock at a conversion price of $1.25 per share, and is automatically converted if the reported weighted average closing sales price of the stock exceeds $2.50 per share for 10 consecutive trading days. In connection with the transaction, the company issued one warrant for each $2.50 invested, each warrant giving note holders the right to purchase one share of common stock at a price of $1.25 per share for a period of five years. The company agreed to register the shares underlying the notes and warrants upon request, provided the reported weighted average closing sales price of the stock exceeds $1.50 per share for 10 consecutive trading days. Carson said, "The provision of financing under these terms demonstrates confidence in the company's assets, its management and its future. The company is in an excellent position to take advantage of the rising gold price and to deliver value to shareholders. We are at an early stage of rapid growth and have a strategic objective of building a substantial exploration and mining company." Additional information about the transaction may be found in the company's 8-K filing. About Santa Fe Gold Corp: Santa Fe Gold Corp (SFEG) is a U.S.-based mining and exploration company focused on acquiring and developing gold, silver, copper and industrial mineral properties. The company owns the Summit silver-gold property and a mill site and processing equipment in southwestern New Mexico; mineral lease rights to the Ortiz gold property in north-central New Mexico, believed to contain two million ounces of gold; the Black Canyon mica mine and processing facility near Phoenix, Arizona; and a large resource of micaceous iron oxide (MIO) in western Arizona. Santa Fe Gold intends to build a portfolio of high-quality, diversified mineral assets with an emphasis on precious metals. To learn more about the company, visit . Forward Looking Statements: The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein. SOURCE: Santa Fe Gold Corp
Investor Relations Contact:Premier Media ServicesKelly Black, 866-465-6551 or 480-649-8224kblack@premiermediaservice.comCopyright Business Wire 2007
The RV cathes fire, and they collect the insurance money? Sue Darren for all of the cheese burger wrappers and empty pizza boxes he left in the 'Ol RV to cover fumigation and cleaning expenses?
This stock has tought me a very valuable leson...
The smell of a stinky ass stays around for a long, long time.
Darren destoyed this company, and it may never recover.
I hope Darrel can pull it off.
Another R/S?
Maybe a hedge fund in the Caymen Islands that sold short ahead of a financing deal?
As soon as whoever has been using ARCA finishes covering, the MM's will let the stock go up.
The O/S will not remain at 8 million for very long. Up Up and away...
The O/S that is, not the share price.
189,000 shares x .0005 = $94.50. I spent that much last week on gasoline...
They sound more like patriots trying to make a change for the better to me.
what a riot!
I ordered mine last week...
Its the new Rolls Royce convertable....
A company has no way of setting a bid or ask price for its stock, except to buy (or sell) in the open market...
Same problem w/ Ameriturd here....
Size is what makes the difference I beleive. Below about 42", the monitor's are LCD. 42" and above are then plazma. It has been said by others that the quality is actually better on the LCD tv's. Those wanting a bigger screen will go with the plasma.
I suspect that the quality may acyually lie in the manufacturer, and not the LCD or plasma difference.
Buy a good name in the size you want, abd you will probably do fine.
The inter-net is buzzing over this report from last night. I have researched it this evening, and cant find any follow through to the story. Due to the lack of significant movement in the precious metals market this evening, I now suspect that is a ruse.
I believe the clock is still ticking though. The collapse of the dollar in the near future is a very good possibility.
The inter-net is buzzing over this report from last night. I have researched it this evening, and cant find any follow through to the story. Due to the lack of significant movement in the precious metals market this evening, I now suspect that is a ruse.
I believe the clock is still ticking though. The collapse of the dollar in the near future is a very good possibility.
Can you say hello Amero? This may be the thing needed to get the Amero and the North American Union put into place.
Can you say hello Amero? This may be the thing needed to get the Amero and the North American Union put into place.
Dollar collapse?
http://www.halturnershow.com/ChinaToDumpUSDollars.html
Published December 15, 2006 7:27 PM EST
*** BREAKING NEWS ***
CHINA TO DUMP ONE TRILLION IN U.S. DOLLAR RESERVES!!!!
Tells visiting Bush administration officials they will not sit back and lose their shirts as U.S. Dollar collapses; they are getting out fast and large!!!!!!
BEIJING, CHINA -- Sources with a U.S. Delegation in Beijing have told The Hal Turner Show the Chinese government has informed visiting Bush Administration officials they intend to dump One TRILLION U.S. Dollars from China's Currency Reserves and convert those funds into Euros, gold and silver!
China was allegedly asked to withhold the announcement until Bullion Markets closed for the weekend to prevent an instant spike in gold and silver prices. This delay will give the world the weekend to consider appropriate actions rather than have a knee-jerk reaction which could see the U.S. Dollar totally collapse in value Monday.
According to this Senior source, China told the U.S. delegation they no longer have faith in U.S. Currency for several reasons:
1) The Federal Reserve Bank ceased publishing "M3" data in March, making it nearly impossible for anyone to know how much cash is being printed. China said this act made it impossible to tell how much a Dollar is worth.
2) The U.S. Dollar has lost upwards of thirty percent (30%) of its value against other foreign currencies in the recent past, meaning China has lost almost $300 Billion simply by holding U.S. Dollars in its reserves.
3) The U.S. has no plans whatsoever to reduce deficit spending or ability pay down any of its existing debt without printing money to pay it off.
For these reasons China has decided to implement an aggressive sell-off of U.S. Dollars before the rest of the world does so. China reportedly told the US delegation; "we are the largest holder of U.S. Currency and if the rest of the world unloads theirs before we unload ours, we will lose our shirts."
Early this week, in an unusual move, the Bush administration sent virtually the entire economic "A-team" to visit China for a "strategic economic dialogue" in Beijing Dec. 14 and 15.
Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke lead the delegation, along with five other cabinet-level officials, including Secretary of Commerce Carlos Gutierrez. Also in the delegation is Labor Secretary Elaine Chao, Health and Human Services Secretary Mike Leavitt, Energy Secretary Sam Bodman, and U.S. Trade Representative Susan Schwab.
The Bush administration wanted to get China's cooperation in preventing a dollar collapse. The Hal Turner Show has been told the effort failed.
According to the source, Fed Chairman Bernanke left the meeting "pale and in a cold sweat" as the implications of China's decision seemed to sink in.
The implications are enormous: The U.S. Dollar is likely to collapse in value against all other major currencies as early as Monday, December 18.
This would cause a worldwide sell-off of dollars, create almost immediate "hyper-inflation" in the US and also impact world markets at a level "worse than the Great Depression of 1929."
Arabs to the rescue?
In a strange twist of fate, Arabs and OPEC may come to the rescue of the U.S.!
Senior officials in OPEC made clear that they too would be severely harmed if the U.S. Dollar collapsed, and hinted they "would not be inclined to sell oil to any particular nation that intentionally caused such a collapse."
This was a thinly veiled threat to China, which depends heavily on OPEC oil for its rapidly developing energy needs.
The OPEC officials even went so far as to say "Since China lacks the ability to project their military power, OPEC nations need not worry about any Chinese military response to an oil cut-off."
Such brutally candid remarks will not sit well with China; and signal ominous things for the U.S. .
Arabs and OPEC will want something in return for saving the U.S. from economic collapse and it is already widely speculated what they want will be a complete change in U.S. backing of Israel in the Middle East.
If such demands are made by the oil-rich Arabs, the U.S. would be left with little choice but to virtually abandon the jewish state to preserve itself.
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