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We need to close above .0059. If we do we have scaled a massive down trending line of resistance that has been in place since May. Next resistance after that is .0070.
Over .0070 by end of week.
You have got to be insane to sell right now.
At this point im looking at the annual trends in this sector. Every new year there has been a pop for the last 4-5 years. Might as well hold for that at this point and hope its the same this coming year.
Way too much. Second leg setting up now. Get on or miss out.
No doubt, should have dumped this the second they chose ANAS as the ticker...foreshadow much?
At a minimum we need to establish .0070 as support on this push. Preferably .0075. We do that and we are looking extremely strong.
Its getting bought today though. Looking good.
You spoke too soon. The great wall of GRCU is back.
You are right. They dont. It is obvious. They have been up several times today. Too bad. It is what we need to get a reversal here.
That is indeed what it seems like. Makes sense as it is at a resistance point. I could see it falling away quickly with some buying pressure though so make of it what you will.
It goes up every time it gets to that price point.
Cant like this comment any more. What a joke.
Daily MACD crossing.
We have an inclining line of resistance around .3 we need to get over before ill believe we go that high.
What about this? "...None of the Company’s creditors
agreed to the assumption of the Company’s outstanding debts by Privileged World Travel Club, Inc. and
that if Privileged World Travel Club, Inc. is unable to honor its obligations to satisfy the Company’s
outstanding debts, then those creditors will have a claim against the Company."
Page 21. The legal counsels name is Richard Weed? Dick Weed.
Bollingers sure have tightened over the last few sessions.
I sure find that 108,000 share T trade interesting at the end of the day today.
Mining Operations to Commence at El Capitan Site in New Mexico
Anticipated Sales of Tailings and Iron Ore Herald the Company's Transition from Exploration to Mining Operations
SCOTTSDALE, Ariz., Jul 29, 2014 (BUSINESS WIRE) -- El Capitan Precious Metals, Inc. (OTCBB: ECPN) announced today that it has successfully completed the assembly and testing of the AuraSource Heavy Metals Separation System at the New Mexico mine site. When mining operations commence, the sale of the tailings will mark the Company's transition from an exploration company to an operating mining company.
The Company also reported that it is in active negotiations with a buyer for the tailings--the precious-metals-rich concentrates--that are created when ore is processed via the Heavy Metals Separation System. Once a new contract is in place for the sale of the precious-metals concentrates, and coupled with the existing contract for the sale of iron ore, El Capitan will have established itself as a sustainable and profitable mining company.
ECPN Board Chairman John F. Stapleton stated, "These are exciting times for the Company and its shareholders as we complete significant steps in our strategic plan."
Stapleton confirmed that the Company is in the final stages of obtaining its amended and expanded mining operations permits from the state of New Mexico.
Chuck Mottley, El Capitan President and CEO, added, "These new and positive activities at the El Capitan site make a huge statement in terms of the asset value of the El Capitan property and it is gratifying to see a very bright light, at long last, at the end of a tunnel that represents decades of exploration, testing, and development of initial mining operations on behalf of our shareholders."
As announced earlier this month, the Annual Meeting of the El Capitan Shareholders will be held on September 25, 2014 in Scottsdale, Arizona.
About El Capitan Precious Metals, Inc.: El Capitan Precious Metals, Inc. is an exploration stage precious minerals company based in Scottsdale, Arizona that is principally engaged in the exploration of precious metals and other minerals. The Company's primary asset is its wholly owned subsidiary El Capitan, Ltd., an Arizona corporation, which holds the 100% equity interest in the El Capitan property located near Capitan, New Mexico. www.elcapitanpmi.com
Forward-Looking Safe Harbor Statement:
The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements are statements that are not historical facts. Words such as "expect(s)," "feel(s)," "believe(s)," "will," "may," "anticipate(s)" and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements regarding the expected completion, timing and results of metallurgical testing, interpretation of drill results, the geology, grade and continuity of mineral deposits, results of initial feasibility, pre-feasibility and feasibility studies and expectations with respect to the engaging in strategic transactions. All of such statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond the control of the Company, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Specifically, there can be no assurance regarding the timing and terms of any transaction involving the Company or its El Capitan property, or that such a transaction will be completed at all. In addition, there can be no assurance that periodic updates to the Company's geological technical reports will support the Company's prior claims regarding the metallurgical value and make-up of the ore on the New Mexico property. Additional risks and uncertainties affecting the Company include, but are not limited to, the possibility that future exploration, development, testing or mining results will not be consistent with past results and/or the Company's expectations; discrepancies between different types of testing methods, some or all of which may not be industry standard; the ability to mine precious and other minerals on a cost effective basis; the Company's ability to successfully complete contracts for the sale of its products; fluctuations in world market prices for the Company's products; the Company's ability to obtain and maintain regulatory approvals; the Company's ability to obtain financing for continued operations and/or the commencement of mining activities on satisfactory terms; the Company's ability to enter into and meet all the conditions to consummate contracts to sell its mining properties that it chooses to list for sale; and other risks and uncertainties described in the Company's filings from time to time with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof, and we do not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.
Hopefully next week. Self inflicted missed deadlines are the worst. I have faith.
"Management is also working on completing Green Cures' quarterly financial report which is due on or before August 14 2014. The company expects to have completed this report prior to the end of July and to upload it to the OTC Markets Website."
Another great looking day!
Slowly but surely. Looking more and more like we see a pop here soon.
There is no way to know. What i do know is that it is one less place we have exposure.
Chart is getting interesting. Been a while in the making.
We bounced off of an uptrend line today. Its not going any lower for a while.
The real question...will you still call him the rookie CEO if he delivers?
Looks like we just put the handle on the cup to me.
Yeah, I bet alot of people are cuz they are holding bags. This thing is looking horrible.
I highly doubt they miss that timeline as it is part of the presentation at the conference.
Break of .017 gets us to .02 easily. Break of .02 gets us to .0235 easily.
You realize that the conference is this weekend where new products will be revealed and we will be solidified. Not going to see anything close to these prices after that. Have fun waiting. You might be there a while. If you have been saying it since .04 why didnt you buy on 5/20? You missed your chance.
No doubt. Now i know to never listen to another contrary word from your mouth.
Maybe when you have been bashing a stock for over a year you have reached that point.
2 T trade sales at the end of the day for 2.5 mil a piece.
Dead wrong. You can draw a daily ascension line starting on 5/20/14 at .0023 to now. Top of the Ascending triangle is around .008. This thing has about 4 days to make a decision before the triangle does for it. Its coming this week. The chart says so.
Ascending triangle says this is as cheap as it gets.
So what gonna happen once we collide with the 200MA again in about 10 minutes? Is it gonna crush us back to .01's or bounce us back into .02's?
Ascending triangle being formed.