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They filed their quarterly report and announced a new mining deal. Lets hope they can get it done this time.
Btw.. I am long on this stock. Don't believe the shorts and negative people. I have been in this stock since March and plan to stay with it long time. I have read evrerything there is to read on this stock. I have a lot of money invested and believe that Carlos is going to make this company successful. Now he has added a CFO from China. A wise move. Carlos De La Torre has kept this company working single handily. Now it is starting to pay off.
APS has nothing to do with this stock. They destroyed this stock 6 months ago and it is now coming back to life. This is not a pump. News out this week on new CFO from China. It appears to be attracting chinese investors. Go SWVI
New 8k out this afternoon.
This is frustrating. I can't believe there is nothing they can release. I will ride to the bottom.
I can live with that but am growing tired
I hope for good news prior to Friday.
Excellent point. I had not thought about that
Also, the report has not been released publicly yet but it has to be good news or the potential joint venture partner would not have wasted a trip to chile today. There is no way that the SWVI has not shared the report with potential joint venture companies. Just my opinion
I doubt we hear anything until end of next week earliest.
Can you send a link to the report or is this old news?
More SEC filings out today. Not bad news or good news. Just regarding the meeting on June 7th with the property owners and joint venture partners. Keep your fingers crossed.
Bummer. I am still poor.
Has to be a mistake
Must be some kind of mistake???
Go to Nasdaq dot com and premarket this stock is at .35 up
The news was not bad. If anything it was neutral moving towards good news. The company was granted an extension and given more control over the option agreement concerning negotiating with third party joint venture partners. This is of course, my interpretation, but I would hardly call today's press release and last weeks 10q bad news.
As I said in my last post, I have taken a sizable position in this company and so far I am down 75 percent. If I had anymore money to invest I would be buying shares like crazy. These prices won't be around much longer (I hope). I am all in. My opinion is after June 7 meetings we will get either very good news or horrible news. I obviously am looking for very good news. Only a couple of weeks to wait.
No it is not out. If you read the quarterly report the company has a preliminary report and met with Amec last week. Do your DD. the info I posted yesterday was an excerpt from the quarterly report. If you invest in this stock I suggest you read the hundreds of pages of sec docs available in the public domain. I have taken a long position on this stock and do believe that the company has a shot of making it. Glta
I am getting my information from the same places as everyone else. Did you see the press release today and did you read the quarterly report?
News is out. Looks like another couple of weeks to get things moving forward.
On May 13, 2013, a default notice was issued to Swingplane from the Optionors. The Company has been in touch with the Optionors and a trip to Chile by representatives of the Company and Mid Americas has been set for May 23, 2013 in order to work out a go forward plan for the project. If the Optionors and the Company cannot reach an agreement by June13, 2013, then Mid Americas will have lost all rights and interest in and to the Property.
As of the date of this filing, the Company has had communications with potential joint venture partners who have expressed a serious interest in funding the further exploration and development of the Algarobbo property. No formal agreements can be entered into without the approval of the Optionors and a renegotiation of the current terms of the existing Option Agreement. All agreements will require a property visit by the interested parties. The Company also expects to meet with AMEC when in Chile to review a draft of their report and hopes to have a finalized report by May 31, 2013.
Not yet
I would guess by end of next week they will announce results of their meeting with the optioners aka property owners. I also expect to hear about the Amec report and ENAMI license. Let's hope it is good news.
GLTA
Meeting with Optioners scheduled for Thursday may 23. Please Gunter seriously consider the proposal so we all benefit. You will be a wealthy man
A press release after the meeting this week with the optioners would be a nice touch
If they can find equity financing for 40 million shares at $10,000,000 does that not mean that current shares are worth $.25 per share?
The answer should be yes if the optioners agree to changes, the AMEC report is positive and the Enami license is approved.
New twists and turns ahead
Looks like the company is looking to renegotiate the option agreement so that they can arrange for equity financing to start operations. They have a company willing to do a joint venture. This is ok news. However without a revised option agreement this company will likely cease operations. It sounds like we will know more before May 31, 2013. GLTA
Peace out
After re-reading my little manifesto I realized I made several mistakes. I spelled advice wrong. I also made many typos and punctuation mistakes. Hopefully you were entertained. My favorite thing is to poke fun at myself.
If you do not like me then put me on ignore or whatever they call it these days
P.S. I thought everything on the Internet was true ;)
Take my advise to heart and do your own DD and for everyone's sake have some fun . I am now down $44k but eventually I think this stock will go up.
I know what you all are thinking, once a bag holder always a Bag holder. I hope those of you who think that are wrong. But if not, oh well
I own more than you do
This stock will top out at $6 per share some time in 2013. Wise investor's will hold for the long rise to $6
88k on the green side just traded. This is about to bust out. The reason there is low volume is that no one will sell at these low prices. I guess my wishful thinking on news today will not come true.
I am not a paid pumper either. The paid people throw insults at you and call you names like bag holder. I to have position and I am almost at break even. Even then, I won't sell shares. I am long. Good luck!
To bad no quarter for you since I did not respond directly to you
Whatever
Rumor has it that APS is putting this back in play
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