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Dang where is the volume here? Been watching for a week and it just a whisper of shares.
Never said that Pauls; their shares are restricted. Need to have enough left of the A/S available to satisfy their agreement. Dumb to just up and reduce the available shares one week and then turn around the next and promote the living crap out of the stock while at the same time flooding the market with 28 million unrestricted shares. Very disingenuous of James and a bad look for the company.
And technically we are 5 million over the 500,000,000 A/S since the Chinese are promised 116,000,000 for their remaining 29 million dollar investment.
Well a bunch of shares got scooped up today, that's for sure!
I am assuming this week Mert. Just a guess.
We'll hold you to this Benny! 600K in sells so far today.
I have no idea. Hopefully you get filled before something hits.
I'm hoping you will be extra satisfied with the margins this time!
Let's hope so. The last two or three really good bits of news the last 9 months (not this constant promotion crap) all resulted in pretty severe down days the day of. I'm hoping that changes.
Any day is my guess. They have been promoting the H out of it being blockbuster so I am assuming they are working on it.
More sells than buys for like the 8th straight session.
Those 28 million extra shares are doing us no good right now.
On the open sells and at the close sells in large chunks are going to be the norm if the company continues to offer unrestricted shares.
Glad you're still here and excited Baxy!
Hopefully they are just doing another note conversion.
From January 23:
Outstanding Restricted: 329,382,253
Outstanding Non-Restricted: 44,764,801
From February 1:
Outstanding Restricted: 329,382,253
Outstanding Non-Restricted: 59,764,801
Exactly 15 million shares.
That's 28 million NR shares from mid-January.
Let's hope so. Pretty thin to .03.
Just a ton of sells, continuing where we left off last week.
Yet you have no proof.
Excellent valuation. Gotta think the 5 million from October will be included too.
Upcoming news IMO:
Q4 and Annual Revenue Numbers
First 2019 JV installment $$$
Projected drilling schedule based on completed drill results
Announcement of new Mexican subsidiary for current properties and firm location of mines
That made me smile a little.
Stallion, would have been the same thing as me buying 500 shares at .0280 at the close.
Most of the action was above .0250 today. No worries.
Agree linkvest. Lots of little buys. One lucky buyer got quite a few cheap which is fine with me.
Bunch of dumb $20 trades.
You're probably right.
Yeah, some silly trading going on, even for a Friday. Lol
Ridiculous ASK at the moment. Hope they take that sucker down.
Good stuff TAZ. Thanks for taking the time to get all those great thoughts in one place so succiently.
This is a sticky.
The only real news we've gotten since 12/12 is the drilling results. The rest has been a bunch of recycled mumbo-jumbo that was already known, except a hint at what the numbers might look like for year end 2018.
I'm waiting for real news! Mine location, project update, hiring workers, etc.
Why is it beginning to look that way? The stock held up very well today my friend. Not too many scams are down less than 10% with over 600,000 shares traded. This one may surprise you in a good way.
linkvest is slinging AXXA now and Baxy has moved on to KPAY. Good work if you can get it.
I'm respecting Benny more and more because he stuck around!
Good luck Danny. Nobody has proved this is BS yet. I've made 11K on this stock since last July, getting in and out several times. Biggest thing with Pennies is don't wait for the home run. If you get 50, 60, 70% up, get out.
You got that right Danny!
Baxy and linkvest, what do you think of the trading action?
If you look at the concessions in the database, they have not been updated since 2011. So I believe the company when they say they have done the necessary paperwork and are in waiting mode.
Welcome to the party tradetastic!
Maybe you're right. What I like better is nobody is caving into the .0250 at the moment.
What are you talking about Baxy? Why do you think someone is trying to hold this down? It's supply and demand. Someone wants out. If the demand was there right now, someone would be buying these shares.
No conspiracy here. Shares were being bought like crazy last week at .0350 and above. They just aren't right now is all.
Sitting there like a big, ugly, gorilla. I've been happy with the sustained volume lately, even though a lot of them have been sells.
Yep, saw it. And Nick told me he has not heard from James.
And I am with you on the drilling results. Thought them saying something on December 12 would have been early enough to guarantee something by now. Holidays are over!
If they want out, they want out. Not dumb if they bought at .0125 or something. Regardless, people should be taking this thing out in chunks. It works both ways.
Stalemate with that massive ASK.