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hahaha Nice going!
Nice! I will be there someday!
haha tell her that once you make a million dollars you'll quit smoking cigars!
somebody hit that ask before close @ .004! beat the small buy bidwhack that just got us!
One big highlight from the 10K is that the Authorized is going from 1.5 Billion to 460M. Current outstanding is 317M.
Sounds good to me!
anyone got any powder to slap the ask at 3:59 if it remains like this?
Yeah, that's a solid point. That's probably the biggest factor in the pps dropping over the last 6 months. I wish they'd put out a better communication that detailed precisely how much more Asher can convert, and how many notes are coming up for conversion soon.
Authorized shares reverting back to 460M according to latest 10K. Go Sirg!
When the news some months ago of the expansion to 1.5B Authorized Shares arrived, the market seemed to give SIRG a beating as that large number seemed to make people think that massive dilution was on the horizon. Now that they've not finalized that and it has reverted back to 460M A/S, I imagine that we'll see a BIG bump in share price since the company has decided to 'operate under 460M' and the 'massive dilution' argument for the time being is moot.
I also think that that A/S decrease by 1 Bln shares coupled with a funding announcement that we think is coming in the next couple weeks will send this thing into the pennies.
That's a solid point. If the minority owner was seeing revenue coming in, they would be much less likely to sell half of their asset and reduce themselves to 10%.
I read that as well. So now we're back to 460M authorized! While one side of me is saying... YES! The other side is wondering what happened? hehe
Yeah, it seems it's a lot of rehashed information from my quick scan of it. We're basically exactly where we were before it came out except add a lot of legal stuff. Lol
I'll do the same!
seems like someone picked up over a million shares... nice
sirg
I guess it could be an MM but I tend to think with that big amount of shares on the bid, it's a guy with a bunch of sirg. He sells 500 shares to drop the price, then the volume there at the bid looks more tasty to someone who would sell. What he doesn't know is one of us is about to hit the ask for 5,000.. anyone?
You guys have some high tastes! I'm switching from McDonalds chicken nuggets to Chick-Fil-A when this thing explodes!
Sweeeeeet. I like it! Lol
c'mon baby, somebody slap that ask so we can end green @ .0029
Excellent!! Good luck!
Beautifully said. Salt, I hope you are a writer when you're not sailing aboard the good ship SIRG!
Ur posts probably get deleted because they have unsubstantiated garbage like "prepare for a new ticker symbol". But keep believing they get deleted because they "uncover the truth". lmao
go SIRG!
Amen to that!
but yes, we are the 1 in 1000 real company with real assets.
noooooooo, we're not a pink! we're a fully reporting OTCQB. Strike your tongue young man!
They made it clear in their filings there will be no dividend. When this operation gets going, I believe it's quite 'cash rich'. so if it costs you $1.50 to get the copper out and you sell it around $4... and you process 5.4M pounds of copper per year, then you're talking about having about $13-14M in cash on hand each year. If they aren't going to give a dividend, then that kind of cash can create GREAT expansion. If you put an aggressive valuation @ around .25 per share, that can go up tremendously if they use the cash wisely.
They mention it in the 10Q:
We do not intend to pay dividends in the future.
"We do not intend to pay dividends in the foreseeable future. Rather, we will retain earnings, if any, to fund our future growth and there is no assurance we will ever pay dividends in the future."
This is the reason that I think if these guys make the right moves (and I'm praying they will), this thing can go MUCH higher than even .25 in the next 1-2 years.
still, that's the most conservative book value possible. i don't know what the industry standard is, but you should be able to book a percentage of the copper estimated to be in the ground as assets. Maybe 40% or so which would raise the pps to a much higher number.
Thanks, i'll be happier when a few months goes by with no change. I hope the 10k tells us WTF is going on.
yeah, if he wants to go to jail. lol
Quiet this morning. An epic battle between bid and ask building. Someone wants to sell 1.3M @ .0026 (probably a flipper who bought at .016) and someone else wants to buy 1M @ .0022.
Who shall win?
At the levels Chris bought, if 30M wasn't a slight exaggeration... It may ONLY be about $50k. Only. lol. After a year of adding @ prices ranging from .0011 to .011 I have about 18k wrapped up in this mine. *GULP*. I hate saying that number outloud. hehe
Agreed! I could've written this post myself. I'll just add that I'm not putting all my hopes on April 20th. If something gets delayed I don't wanna be down in the dumps.
I think you're dead on. The conversions have likely continued. It seems to be the simplest explanation for the wild volume spikes and the increases to the O/S according to the TA.
Yep, 10k will be out soon enough to answer all these questions (HOPEFULLY) about the latest numbers from the TA and Asher involvement. I'll be shocked if we see funding stuff in the 10K before we hear something in a PR or 8K. I thought if they had a funding LOI they would have to notify the market within 4 business days so I'm expecting 8K or PR.
Yup, and he's still at it this morning despite being exposed.
Yeaaap. I just checked many of your previous posts. Apparently you are able to speak with a LOT of companies no one else can get through to and they give you inside information like "news is DEFINITELY coming out within days". So you've pulled this trick before. Well done though. You do a little DD and make the comments relevant enough to be believable. Have fun being a garbage human being.
Rod has been EXTREMELY tight lipped to say the least but now he just picks up a call and starts yammering about the millions in dilution, etc when you felt strongly last time (after you ha already bought no doubt) that his extreme confidence turned you into a believer. I'm calling BS.
I find this whole "I spoke to rod and he said all this" to be highly suspicious. He was "very confident" but now it's a crap shoot? I think ur just playing around flipping shares. Whatever. To each his own.
hey rocky is that you on the ask @ 2.5M shares? I have a feeling you bought at .0016 and now are poised to make a cool $1500 on the flip?