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That's encouraging. Personally, I trade SODE when I see volume. It's worth it to me to sacrifice a few cents gain to not have a ton of shares held hostage. Can't do any selling when they are trading 10K a day.
Yes indeed Smitter. Just gotta get the Bid moving up!
Morning AABB! Let's make it a great day and encourage Benyam to buy the rest of the float.
People buying today don't share your opinion Huggy.
DD, hear anything further on this?
Farm Bill prediction...
I'd predict farm bill announcement late tonight based on current rate of discussions
— Erik Wasson (@elwasson) November 27, 2018
And it's good to have you here Georgie. Like your board BTW.
Yes Georgie!!!!
Some decent buys coming in.
Silver,
This looks good. Thanks for all your work putting it together.
I'm curious what you think about their advertising dollar projections? They seem a bit high to me considering the audience. Most crypto companies are cash poor so how are they going to find 50 that will spend 600K each?
I'm worried that they are expecting the majority of their revenue to be from advertising...
You got that right. A very good post describing exactly what is going on here. I've been following this stock for about a year and can see now that unless they can monetize their water holdings (and very quickly) this company will continue to get deeper and deeper in debt just to stay alive.
thanks for the reply koolmc. I'll keep my eye on this as it looks like it may slide a bit more before the big bang.
Enlighten me then CAP. Where have they been posting news of the new jobs they have gotten? Not bashing. I have been in and out of this stock since last December and have made good money on it. The one thing I look for to drive volume is when they post a PR about the new jobs they are bidding on and winning.
They haven't won any new projects since February. They ALWAYS put out PRs when they get a big job. Can't make money when you aren'r working.
Let me find and send a better link Smitter
And I got this from my new buddy Mario:
https://subversiones.org/mapamineria
Mario Vidaña
Commercial Specialist
Post Monterrey
U. S. Consulate General
Ph. +52 (81) 8047 3118
Cel. +521 (811) 544 7098
www.export.gov
I just started looking at this ticker a few days ago after digging through the March financials. From what I can tell, they seem very cash poor and are 24 million in the hole. Just interested in what you all see from a turnaround perspective?
Yes, hope everyone is having a blessed day with family and friends. We had a beautiful day here in Dallas and I am happy to report I did not fall off the roof putting up Christmas lights.
Mexican Mining Concessions
Rece,
You might want to do your own research. Start by visiting this site:
https://subversiones.org/mapamineria
Good luck!
Mario Vidaña
Commercial Specialist
Post Monterrey
U. S. Consulate General
Ph. +52 (81) 8047 3118
Cel. +521 (811) 544 7098
www.export.gov
Think the rest of the .0270s will get taken by the close...
From James via Nick (IR)
"There is a transfer and updating process with respect to the properties and the Company's Mexican subsidiary that is underway at the present time. It is necessary that this process is complete before we release details of the properties and mine location."
IR firm should have an idea about what the company is facing for sure. Locations of the mines should be addressed immediately.
Thanks Sterling. I have seen worse, too. This ticker does look interesting. I'm going to continue to watch it!
All good points. Thanks for your response.
And I am sure the IR firm is aware of us posters, both positive and negative. They need to be.
Stervc,
Is it me or does their balance sheet just look terrible? I mean worse than others? It seems like they have been converting debt like crazy. 100s of millions of shares of it?
Thanks. I always value your opinion.
I'm pretty sure you can't sell options on penny stocks...
He's the CEO. And did I read it right, him and Atkins are owed 500K a piece in two months for deferred compensation?
Twice the Buy volume vs. Sell volume today!
Where is Robert?
Hopefully the low we saw today was it.
Let's hope so Saints. Thought today was going to be much worse after the banter this weekend.
gitreal, we talked about this yesterday. There isn't enough volume coming through here to make a fantastical lie like this profitable.
Drilling results would help, too.
Yeah, good job TAZ. Thanks for all you do!
Seems like a rather large ruse if you think that is the case. $34 million over 3 years isn't peanuts. You can check Bloomberg and see that Qiangda Investments & Economics & Co., Ltd. did do a placement with Asia Metals on 10/24.
And saying they didn't get two drill rigs delivered either is a bold claim. That's two huge pieces of machinery. Hard to lie about that.
The only thing that has bothered me the last six weeks is the absence of the common Chinese investor. I can trade on the HK Exchange so I am assuming my counterpart over there can trade here, too.
I seriously thought the volume would spike way up after the LOI was a done deal. Anybody have thoughts on this?
TAZ, rebuttal?
I talked to Nick yesterday via email. Responded quickly.
Disappointing for sure. I bought more the last two days thinking it would start moving up. Not so concerned about the price as I am the volume. Just none the last 3 weeks!
Thanks Taz!
Battle between $150 sells and $90 buys. Go figure.