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Cambalache is in production and they have ramped up tons/day significantly to a max of 37.4 tons on Feb 11th. They want to get this number to 100 tons/day soon.
They have already sent out 300 tons of material via freight to be processed. They expect processing to be finished shortly, and we will have our first concentrate count soon. At 15-20 ozs/ton we would expect this sample to yield ~5250 ounces of silver or $110,000.
Audited financials are well under way, and they expect to meet the April 1st deadline to become current.
Machacala continues to ramp up. Corey is getting stuff done in a huge way, and in the mean time our stock price sits relatively flat waiting to be scooped up. When the reality of AFYG is revealed in the form of hard data PRs we are going to skyrocket.
Until then, we wait and accumulate. I'm expecting 1.00+ by October.
http://otcshortreport.com/index.php?index=SGLB&action=view#.Uw9-efldXPo
Shorted
51%
48%
50%
47%
the last 4 days. I've never seen anything like it.. Relentless and rich.. I'm sick and tired of it.
Thanks for contributing your expertise.
PrintRite 3D is green lighted for commercialization IMO.. I...can't.. Wait!!
Here come the 500K/1M share beat back.. Soak em all up, and run it to over .14 into close please :)
I can't wait to see the short numbers today. This is amazingly well coordinated.
Congrats on your new babies; I think they are going to grow up to be big and strong in no time.
As far as the manipulation.. It doesn't bother me. If we want to roll with the big dogs, we need to be able to deal with the big dogs.
Keep in mind, we have held up against 120 million shares coming online, a vicious onslaught of bid dumping at a major support level, and months of quiet from the company. Not only have we held up, but we are now making a move north.
Wait until we get news of the Print Rite rollout, or anything of long term substance with GE. We will head straight to 1.00.
What we have working for us now is that we are worth more than .14; no ifs, ands, or buts. As a result we have plenty of buyers, and the aggressive manipulation really isn't holding up.
A couple of million share strikes at .14 should scare them a bit. A break of .14 into the close would be a glorious sight.
SGLB 4 Life :)
Loooolll..
DANNGGG We are killllinng the ask at .14; 100+ green prints in a row.
34k,34k,34k,34k,250k,50k,80k,50k,25k,34k,34k
Don't stop!! Believinngg!!
Maybe 1.5 milly already... COME ON SGLB.. FINISH NITE off!!!
Nah, nothing special there. We busted right through it the first time, we just kind of ran out of steam after a huge day of hitting the ask.
I have no doubt that we will blast through it soon.
Woohooo!! Hell of a day..
Let's break .14s on high volume.. I think we will have a great EOD run!!
She's breaking free!!
I'm not saying BMAK bought the shares, but from the trading I'm seeing, it appears the PP holders are using BMAK to make their trades.
Likely I'm wrong; it's just my guess. No worries either way. Great day here.
Ya, no worries, I shouldn't have replied directly to your post.
No, I don't think BMAK is Driehaus. I think BMAK is trading shares for one or more of the .01 private placement holders. I would guess BMAK has trade 25-40 million shares alone in the last month.
On a positive note, we are possibly churning out the PP holders without much depreciation in the share price.
I will repeat again.. Breaking BMAK, closing above .1375 and better yet .14 would be a huge day.
BMAK has been holding us back for weeks. My guess is that he is one of the PP holders.
He would do well to let it run a bit and to sell in chunks. We need some excitement back in this pup.
...and on cue we hit him for 290K, and he moves up.
Dealing with him at .137 again holding us back from attacking the CSTI ask. When BMAK is gone, the stock will move.
Remember when we were climbing 5-10% a day for months? Ohhh the good ole days.
Today is bringing back fond memories. I would love to see a .1375 or better yet .14 break and hold today.
Well that was some unexpected EOD buying.
NBRI.. a glimmer of hope? Is that gold I see?
There was also a 1.1 million trade at .1198.. Several 400-600ks between .118 and .122 in the last few days..
We have support in this range... Enjoy the quiet. Some day soon, she's going to explode.
Wow. If you get 3,000,0000 shares it costs $6,000.
Good work!!!
$1.00 commissions!!??!! Where??
McDonald's is interested in our burger technology $$$$$
So let's think of it in terms of a hamburger patty. Ipqa could theoretically be used while a burger was being made to ensure the spices are flawlessly integrated with the meat. Using this process we will eliminate clumps of spices spaced sporadically throughout the burger, and instead we will create a uniform and heavenly flavor.
:D
Let's give it time and let the sellers do their thing.
Weak hands out, strong hands in under the 50MA..
I've got all the time in the world to let this unfold.
100% agree.. Busting through that .07 on a Friday and leaving the 50MA in our dust would be huge. We've already made a hell of a move today, but that would be the icing on the cake.
Make it happen.
Hans Rasmussen adds a tremendous amount of instant credibility.
Mr. Sandberg is getting stuff done, and when he delivers on April 1st we will be sitting at .25. After that we will never look back.. Onwards and Upwards!!
...and there is the excitement :)
Woohoo. Chart and L2 are becoming very bullish.
Furthermore, I gaurantee that the avenues are in place to make full scale production a rapid reality when the time comes.
You can't pay to mass produce a product until it proves 100% viable. One of the largest aerospace companies in the world has deals in place with SGLB to give us that opportunity.
Haha!!
Bid above current price.
Big sellers are gone, or at the very least in no hurry to dump.
I love it!!!
Not what I [I]wanted[/I] to hear, but there is no doubt we are moving forward.
It's already gone up 20,000% bro, it's too late.
If only Secco would have linked it correctly, we all could have retired with him. He's sitting on the beach on Secco Tech Island.
Spot on.. My few thousand dollars here could quickly turn into a few hundred thousand.
I think the probability is somewhere around 85%.. I'll take those odds any day.
Hmmm. I disagree. Those CD shares could have been dumped today alone with the volume we traded.
Nearly 1 MILLION dollars worth of stock traded hands today. That is unprecedented over the last few years for ole' PSID.
If it would have been a real dump, the stock would have DUMPED. Instead we just got a natural pullback back into the bollinger bands a 100s of K in support along the way.
I'm still watching very closely, and I'm intrigued.
These BS PRs aren't causing 10s of millions of shares to be bought. You'll notice IHUB is completely quiet. The regular Joe has nothing to do with this runup. These are the big dogs. At one point I saw a 984K share bid at .095 or $93,400.. That's no joke.
All of the convertible debts would outweigh any BS runup based on a little pump in no time.
This looks like the real deal on heavy volume.
It's a PSID reunion!!
When she got fat, we all left, now she's lost a little weight. I might buy again if she holds the 200MA. See if I can get her back for all the wrong she's done to me.
If the news we all hoped was here, is here, we will shoot to 1.00 + :)
Unreal man.. Looks like this could be the real deal to me. Insane volume, insane PPS move.
Lolz!
I think Stocks Fly is a genius. He's been on this since .024. Who would have every thought?
What the heck is happening :)
I'm happy for all the longs still holding onto their shares here. This is a Christmas miracle!
We need and are expecting a MAJOR PR in the next 6 months or so. That's what I'm waiting on; this PR will rocket us to 1.00.
One or two surprises in the mean time would be wonderful though just to turn around the momentum.
SGLB won't put out fluff though to make that happen.
Until then.... we wait.
Get used to it unfortunately. Just another day at ole SGLB. When she's ready to take off again we will all be high fiving in no time. Just know that it will come.
I expect it will be worth at least 10 bags in 6 months :)
It's hard to ignore, but the better we are at collectively not responding, the more quickly they disappear. Also it clutters the board and riles up tension.
Traditional ihub bashing tactics have no influence on SGLB; I guarantee.
That's the past, I'm here for the future!
Marrryy JANEE!