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what was up with that 14-15 M in volume EOD???? Crazy!!
some kind of wicked manipulation here....dunno what's up...but this "trading" activity is totally bogus.
what happened? Why is this getting killed?
19.5 M?? what's up with that??
was looking for news to explain this jump today...TSX also...no clue
We're going to get clobbered with this RS unless we have a stream of regular good news to support it ....I'm dreading it!
Someone(s) is/are certainly finding or loosing their way in an effort to pick up shares. This unexplained volume preceded a serious pop to .11 a few years back. I'll take that again today!!
FF....very interesting volume indeed ....we'll see... GL PTOI'rs
Did the left shut down JS MINESET?
I have to agree...nice to see some upward momentum....BUT.....37 pre-split is about 33% of where we need to be to break even....(if you've been around for any length of time).. for many here...if we're not @ $1.00/10.00 post split...or more...we're under water! We have a loooonngg way to go!
I have to agree...nice to see some upward momentum....BUT.....37 pre-split is about 33% of where we need to be to break even....(if you've been around for any length of time).. for many here...if we're not @ $1.00/10.00 post split...or more...we're under water! We have a loooonngg way to go!
There are some interesting developments with energy tax credits that may be up PTOI's and Price/Nulixo's alley. It stands to reason that these recycling projects are going to rely on an infusion of cash or something similar to get off the ground and gain some financial stability. Recent legislation passed by Congress https://news.bloomberglaw.com/environment-and...-in-states https://www.calt.iastate.edu/blogpost/congres...0of%202023.
and perhaps this person....Barnwell.... https://www.ccenergy.solutions/about could be the conduit to PTOI's position in plastics recycling.... and tax credits
purely speculation....but all these little things that P2O requires to get off the ground seem to be in place for a shot at taking off. I'd keep an eye on some similar 2M's on the bid to see if some back room silent political partnering and back door agreements might be on the horizon....for entertainment value if nothing else.
Any idea how Rob is going to get us to $15/Sh to make us whole again?
Why is the new SP....RS not fallen into place at this time? Sure sounds to me like Motley Fool wants us to part with our shares....hmmm. I wonder with the new cusip...they found more than a few short shares that need to be accounted for??....hmmmm...
Why is the new SP....RS not fallen into place at this time? Sure sounds to me like Motley Fool wants us to part with our shares....hmmm. I wonder with the new cusip...they found more than a few short shares that need to be accounted for??....hmmmm...
Honestly, I never thought we'd see the 1680 support level again...given the economic conditions out there...around the WORLD! And yet, here we are, and it's been painful. When everything else is going up in price...by 25% in some instances....metals get crushed?? Hopefully we see a remarkable whipsawing action here to restore the faith...but under the circumstances, with the obvious manipulation...there's no telling. Buy the bottom ...I guess!
JD...good luck with that scenario.... For many of us here a$10/SP...MIGHT break us even. Unless Rob comes out with some HUGE news, this is going below $3...just because that's what happens in a RS WITHOUT good news! Rob hasn't produced the numbers to support $5,7,10. It's simply not there! Is it to finance the spin off of the copper mine? Dunno, but it would be my guess. Are we then looking at a dilutive situation as well??? Total sh$t show! My best case is that it breaks into the 2.50 range (or lower)...and would consider buying into it then..
Things could get interesting around here!!! Been waiting on some drilling news for a while. Didn't JS mention some entity was 10M short?? Wouldn't it be a great time for them to attempt to cover...or had they already started over the last couple days?? Interesting trading and volume recently...not to mention the deliberate battering of TRX....hmmmmm..someone knew something!!
Interesting volume for a stock that isn't trading...hmmmm
Somebody attempting to close out a short position. Don't know how it went from 80M to 50M without me noticing THAT volume over a month or so.......but the last couple days....2M/day...it appears... Wonder if metals are going to bust out soon...would be nice.
what's going on with this thing??? anyone? I thought they were not even trading?
yep em
I was under the impression (AGM) that funding for buckreef was basically "around the corner"....what's up?
https://www.jsmineset.com/
Posted April 13th, 2018 at 3:39 PM (CST) by Jim Sinclair & filed under Jim's Mailbox.
originally published Tuesday, April 10, 2018
Utopia for a speculator is to let other people do years of work preparing something to be
profitable, and then to join in right at the moment when the fruits of this long labor are about
to be realized, and share in the spoils, and happily, because you can freely buy and sell shares
in a stock like this just when you like that is exactly what we can do with it, and an added
bonus is that, thanks to the sector bearmarket from 2011, it is now crazy cheap. The final
cherry on the cake would be if we learned that Jim Sinclair, whose company this is, had
liquidated his personal fortune to save the company from going bankrupt – but perhaps this is
asking a little too much.
On the long-term 16-year chart we can see that Tanzanian Royalty has been one of the biggest
victims of the sector bearmarket from 2011, having dropped from a peak at $7.80 to bottom at
just 24 cents, meaning that it lost 97% of its value. It is still only at $0.39 which means it is
very, very cheap. On this chart we can also just see that a large Double Bottom has formed
between 2015 and the present. We will now proceed to look at this in more detail on a 4-year
chart.
On the 4-year chart we can see that a fine large Double Bottom has formed, and that it is now
starting to rise off the 2nd completed low of the pattern. The sharp rise off the 2nd low at the
start of this year has the attributes of an impulse wave, or a move in the direction of the
primary trend, which should now be up, and if this is the case, the subsequent reaction/consolidation up to the present should be followed soon by another upleg. Volume indicators
are not very inspiring but these sometimes move with the price instead of in a predictive
manner ahead of it.
On the 1-year chart we can see recent action in much more detail. This chart reveals that the 2nd low of the large Double Bottom took the form of a Cup, with a characteristic high volume
spike out of the right side of it, before it bedded down into a Handle consolidation pattern that
should soon be followed by another upleg. The reaction back of recent weeks has allowed time
for the earlier overbought condition to unwind, and for the 50-day moving average to catch up
with the price, and its crossing through the 200-day is a bullish development, so that the
current tight bunching of price and moving averages has created a potent technical situation
that could lead to a sharp rally, and it is suspected that the tight little pattern that has formed
over the past 2 – 3 weeks is a small bull Flag. If it is then it will rally imminently.
Conclusion: Tanzanian Royalty looks very cheap here and is rated a strong buy. Whilst
it could react back to the support again in the $0.32 area, this is considered unlikely. Much
more likely is that it will break out of the small Flag and above the nearby resistance very
soon.
Finally, you should not be ashamed if you do not know where Tanzania is. After all, when
Jimmy Carter was advised that war had broken out in Chad, his reply was “Chad, where the
hell’s that?”, and that was when he was President. Really it doesn’t matter where it is as long
as the stock goes up.
Tanzanian Royalty
Clive Maund
www.clivemaund.com
Tanzanian Royalty Exploration Corporation, TRX, TNX.TSX, closed at $0.39, C$0.485
on 9th April 18.
Posted at 8.20 am EDT on 10th April 18.
Hmmmm... I didn't see in the master agreement that JB was included in the language. That said, it would be nice to have him on board to see it through and assist with any potential hang-ups. The design, systems, and operation were written out and up for patents. There are plenty of crafty engineers out there who can take this from plan to operation without JB...
whoa...is there really 9K sitting on the bid @ .03? and another 9K . 0285?? Now, who would have so much interest in this stock to put that kind of money into it. And what's worse .... they won't score anything of significance @ .03. It certainly looks like the bid is falling a little "short". I'm certain it's becoming a real pain to be short...especially as the clock is ticking...that window of opportunity to cover...getting a little tighter... oh...the irony..
GL PTOI'rs!!
https://www.jsmineset.com/
Please review the charts below “Mine Supply since 1970 and Projection to 2030” produced by Dan Popescu via Thomson Reuters Eikon. These charts indicate that in the coming years, the mine supply will be reduced by half of its supply during 2018. Mr. Popescu is an independent gold/silver analyst whose projections in the mining supply are consistent with my own. Few investors understand the gold industry, and the reasons for the approaching decline are numerous and industry specific. An understanding of the gold mining industry is necessary in order to understand why the mining supply of gold is dramatically and rapidly shrinking. Junior gold producers and new miners will have an almost impossible task to achieve what Tanzanian Royalty has already achieved thus far. The analysis to support these charts is dry and complex subject matter, which I hope to provide in the most easily understandable read…
God did not put gold deposits at 72nd and Park Avenue in New York City. In fact, deposits of gold are located in some of the most distant and hostile places on the planet, where temperatures can run from 60 F below to 130 F degree above zero. If you are not dinner for a Polar Bear you are a target for the instantly, deadly Black Mamba snake. The logistics of moving all of the necessary equipment and materials you need for gold production makes D’ day look like a walk in the park. Usually there are no roads, lots of bandits and thieves in the form of low level bureaucrats. These robbers are usually seeking cash pay off for allowing your equipment and materials through customs. These cash payoffs are commonly called “shake-downs”, and practised around the world. In the warmer areas, every lethal disease known to man exists, and in the colder areas you risk freezing to death. Exploration and mining are not for the weak of heart, frail of body or for those who lack tenacity of spirit. Locating the gold is a miracle in and of itself.
Once the gold is located, which has already resulted in a huge expense, a miner must define all aspects of the gold, the costs of mining and have an independent third party verify and attest to every aspect of the gold. The costs are a fortune, which could be described as a “king’s ransom.” The “ransom” could easily be one hundred million dollars for a modest deposit. International engineering firms would be better named “The Wild Bunch” or “Jesse James Engineering” and results for studies, methods and plans are not only expensive, but slow.
After exploring and locating the gold, defining all aspects of the deposit, and having third party verification, the miner must determine the mining methods to be used and deal with the government bureaucracies in approving and implementing a mining method and plan. The bureaucracies are a battle of enormous proportions regardless if you are in Nevada, British Columbia or Africa. The bureaucracies which regulate the mining industry are enormous. The rules are maddening. The delays are torturous. The reporting is vast. The compliances are rigid. The pace is dreadfully slow. Everything must be lawfully and honestly done, without succumbing to the ever present grand corruption. Some mining companies deal with the devil of corruption and they become its prisoner. If you dance with the devil, it is always to his tune. Once in a trap of misdealing, the costs for suborning corruption always increase. The costs never go down. The costs of corruption always go up. An honorable mining company does not prostitute itself by suborning corruption. One call to the FBI or Interpol, or other authority by a disgruntled corrupt bureaucrat and the officials of a mining company can be facing time in jail. The “pay to play” is a very dangerous game, and the risk in North America is as bad as it is anywhere else on the planet. The method and plan for mining, once approved, normally requires financing for the bigger processes and procedures required for implementation.
For corporations, the path for stockholders and management is arduous. The stockholders in the price determination process deal with each other. Those funds do not go to the company. The company must seek financing from other sources. Over the past five years in the gold mining industry, financing has been almost non-existent for companies not fully in production. Only projects already producing have had the ability to raise money. Companies on the cusp of producing are often forced to seek funding from predatory lenders. Average stockholders seek quick and easy results which are not obtainable anywhere in the mining industry. Stockholders become frustrated and scream for results, and management screams even louder. Few stockholders understand the hoops management must jump through to move ahead in the mining industry. Mining is a front end loaded endeavor, in which, all money is put into the operation up front before a penny of profit can be realized.
Today, we see that the host nation of miners (the true owners of the gold) want to be justly compensated. In years past, under colonialism, a mining company could subscribe to financial corruption, pay, dig a hole you could see from Mars, cheat on government taxes, and take the gold. Subsequently, the people of the nation received nothing and the mining company took their gold and the miner eventually left. That system of mining is over. Colonialism is dead. We are in the age of information. The people of the developing nations can read and have computers. They want a fair share of the enormous profits the majors have made. In the past decade, new laws, regulations and rules have been put into place to protect host nations and their people. The wild west days of mining are over, and new miners will have much greater expenses to overcome in accessing gold.
The costs of future mining will be fortune, so great, it was unimaginable in the former days of mining. The price of gold will need to be north of $5000 per ounce for potential mining operations to be able to undertake the tasks from exploration to production. Until a $5000 per ounce price of gold is a reality, do not expect to see gold reaching the market from mining supply. There is no clean money for exploration whatsoever. If a miner does not have the ore, it may never be had. If a miner has a bonanza, the miner must be a master at fending off every type of criminal, from the modernized claim jumpers to stock operators working to make financing for you more difficult. For all of the foregoing reasons, mining supply is dwindling and any company who has not already overcome the obstacles mentioned above in this article will not be able to explore, mine or produce gold for the marketplace. The diminishing gold available to be mined will cause the price of gold to skyrocket. As the charts reveal, gold able to be mined in 2018 may be half of what was available in 2017 and prior years. The reasons for the reduction in the mining supply of gold is for all of the foregoing reasons.
Tanzanian Royalty Exploration Corporation is very fortunate to be in a position to mine gold, and is moving forward, having already overcome the obstacles aforementioned which are responsible for the dramatic decrease in gold mining supply.
May we all have a successful and highly profitable New Year!
Best Regards,
Jim
Agreed....
200 dma up next.....ohhh..covering the 4M (legal) short...is going to hurt! I can't speak to the other short count that may be out there...ouch.
currently...no sellers @ .048 OH OH OH...it is going to hurt to cover all those naked shorts. Walls have been folding since the update....looking for them to be crumbling down soon...
get the cheap ones while ya still can!!! :)
NIAGARA FALLS, NY, Dec. 28, 2017 (GLOBE NEWSWIRE) -- Plastic2Oil Inc. (OTCQB: PTOI):
Plastic2Oil, Inc (P2O) today announced that on December 21, 2017 it signed a Master Agreement with Veridisyn Technologies, LLC (Veridisyn), a company engaged in development of alternative energy projects, under which Veridisyn has agreed to license P2O’s technology and purchase P2O processors. This new strategic partnership combines Veridisyn’s extensive experience in processing waste plastics with P2O’s proprietary technology for deriving ultra-clean, ultra-low sulphur fuel that requires no further refining, directly from unwashed, unsorted waste plastics.
As more particularly set forth in P2O’s Form 8-K filed with the SEC on December 22, 2017 , expected minimum gross proceeds to P2O will be $4 million from the initial sale of two P2O processors to Veridisyn. P2O believes the strategic partnership, if successful, could result in the sale and deployment of 30-40 processors at Veridisyn sites, for $90 million to $120 million in future revenues (based on a $3 million price per processor).
In addition, once the processors have been fully deployed, P2O will receive a royalty of 5% of gross fuel sales by Veridisyn, and no less than $0.50 per pound for use of its proprietary catalyst. P2O will also provide on-going monitoring and maintenance services at agreed upon costs and rates. The term of the agreement is twenty years.
According to P2O CEO, Rick Heddle, “By turning waste plastic into fuel without any hazardous waste, this joint industry solution will help accelerate plastic recycling in cities, towns and industrial plants, and be a major step forward in meeting a significant environmental challenge.”
“I am very excited about moving forward with Plastic2Oil in implementing its breakthrough technology to leverage the substantial global market opportunity for plastic to fuel solutions,” said Veridisyn Managing Director Robin Curtis.
US Plastic Waste Summary: 2016
See https://plastics.americanchemistry.com/2016-U...Report.pdf
2906 million pounds of plastic bottles collected for recycling: a collection rate of 29.7%
1112 million pounds of HDPE (high density polyethylene) bottles collected for recycling: a collection rate of 33.3%
36.6 million pounds of PP (polypropylene) bottles collected for recycling: a collection rate of 20.2%.
About the Company
Plastic2Oil, Inc. ("P2O" is an innovative North American fuel company that transforms unsorted, unwashed waste plastic into ultra-clean, ultra-low sulphur fuel without the need for refinement. The Company's patent-pending Plastic2Oil® (P2O®) is a proprietary, commercially viable, and scalable process designed to provide immediate economic benefit for industry, communities, and government organizations faced with waste plastic recycling challenges.
With its revolutionary P2O technology, P2O has pioneered a process that has the ability to change the way the world handles waste plastic and plastic recycling. P2O is committed to environmental sustainability by diverting plastic waste from landfill and potential incineration.
The Company is also committed to the creation of green employment opportunities and a reduction in the cost of plastic recycling programs for municipalities and business.
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes at http://www.otcmarkets.com/stock/PTOI/quote.
FORWARD-LOOKING STATEMENTS
The information presented in this Press Release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties. Forward-looking statements include, but are not limited to, statements with respect to management's current beliefs, plans, strategies, objectives, goals and expectations, including expectations about the future financial or operating performance of Plastic2Oil, Inc. (the "Company" and its projects, sales, vendor and customer contracts, capital expenditures, capital needs, government regulation of the industry, environmental risks, limitations of insurance coverage, and the timing and possible outcome of regulatory matters, including the granting of patents and permits. Words such as "expect", "anticipate", "intend", "attempt", "may", "will", "plan", "believe", "seek", "estimate", and variations of such words and similar expressions are intended to identify such forward-looking statements. The potential risks and uncertainties that could cause actual results to differ materially from those expressed, implied or forecasted herein may include, without limitation, risks associated with general business, economic, competitive, political and social uncertainties; risks associated with changes in project parameters as plans continue to be refined; risks associated with failure of plant, equipment or processes to operate as anticipated; risks associated with accidents or labor disputes; risks associated in delays in obtaining governmental approvals or financing, or in the completion of development or construction activities; risks associated with financial leverage and the availability of capital; risks associated with the price of commodities and the inability of our Company to control commodity prices; risks associated with the regulatory environment within which our Company operates; risks associated with litigation including the availability of insurance; and risks posed by competition. The forward-looking statements in this press release are made as of the date of this press release. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
The Company urges readers of this press release to consider carefully the disclosures in the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K, which was filed on April 7, 2017.
Contact Information
Plastic2Oil, Inc.
20 Iroquois Street
Niagara Falls, NY 14303
Direct 716-278-0015.
so..where do we go tomorrow?? Nobody was playing around and selling much of anything @ .045....
I get the impression this isn't as much "retail" as it appears... I think there's a few naked ones attempting to cover....in bits and pieces ..not to create too much attention...
but..wow...if you're 20-30 million illegal short... One day this is just going to blow...
Oh...what a wonderful world it would be for PTOI to come out with another inquiry to their P20 process...
DO ya suppose Heddle had all his eggs in one basket???
Long and strong PTOI'rs....clearly on the rise...and demand is growing for your shares...
OOOPS...I thought we were going to .0000 something or other...
LOL....
shorty gonna burn burn burn...
yep...those poor slobs are hardly getting a look @ .04 Nobody's cracking...I love it!!
GO PTOI!!
GL PTOI Longs!!
shorty gonna burn baby burn!!
awww...shorty gonna fry?? say it isn't so!! LOL oh...this is gonna be fun!!
poor nekkid shorts...nobody wants to drop their ask below .0399...and that putrid bid of .033 is so lonely... gotta do better than that shorts!!
NIAGARA FALLS, NY, Dec. 28, 2017 (GLOBE NEWSWIRE) -- Plastic2Oil Inc. (OTCQB: PTOI):
Plastic2Oil, Inc (P2O) today announced that on December 21, 2017 it signed a Master Agreement with Veridisyn Technologies, LLC (Veridisyn), a company engaged in development of alternative energy projects, under which Veridisyn has agreed to license P2O’s technology and purchase P2O processors. This new strategic partnership combines Veridisyn’s extensive experience in processing waste plastics with P2O’s proprietary technology for deriving ultra-clean, ultra-low sulphur fuel that requires no further refining, directly from unwashed, unsorted waste plastics.
As more particularly set forth in P2O’s Form 8-K filed with the SEC on December 22, 2017 , expected minimum gross proceeds to P2O will be $4 million from the initial sale of two P2O processors to Veridisyn. P2O believes the strategic partnership, if successful, could result in the sale and deployment of 30-40 processors at Veridisyn sites, for $90 million to $120 million in future revenues (based on a $3 million price per processor).
In addition, once the processors have been fully deployed, P2O will receive a royalty of 5% of gross fuel sales by Veridisyn, and no less than $0.50 per pound for use of its proprietary catalyst. P2O will also provide on-going monitoring and maintenance services at agreed upon costs and rates. The term of the agreement is twenty years.
According to P2O CEO, Rick Heddle, “By turning waste plastic into fuel without any hazardous waste, this joint industry solution will help accelerate plastic recycling in cities, towns and industrial plants, and be a major step forward in meeting a significant environmental challenge.”
“I am very excited about moving forward with Plastic2Oil in implementing its breakthrough technology to leverage the substantial global market opportunity for plastic to fuel solutions,” said Veridisyn Managing Director Robin Curtis.
US Plastic Waste Summary: 2016
See https://plastics.americanchemistry.com/2016-U...Report.pdf
2906 million pounds of plastic bottles collected for recycling: a collection rate of 29.7%
1112 million pounds of HDPE (high density polyethylene) bottles collected for recycling: a collection rate of 33.3%
36.6 million pounds of PP (polypropylene) bottles collected for recycling: a collection rate of 20.2%.
About the Company
Plastic2Oil, Inc. ("P2O" is an innovative North American fuel company that transforms unsorted, unwashed waste plastic into ultra-clean, ultra-low sulphur fuel without the need for refinement. The Company's patent-pending Plastic2Oil® (P2O®) is a proprietary, commercially viable, and scalable process designed to provide immediate economic benefit for industry, communities, and government organizations faced with waste plastic recycling challenges.
With its revolutionary P2O technology, P2O has pioneered a process that has the ability to change the way the world handles waste plastic and plastic recycling. P2O is committed to environmental sustainability by diverting plastic waste from landfill and potential incineration.
The Company is also committed to the creation of green employment opportunities and a reduction in the cost of plastic recycling programs for municipalities and business.
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes at http://www.otcmarkets.com/stock/PTOI/quote.
FORWARD-LOOKING STATEMENTS
The information presented in this Press Release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties. Forward-looking statements include, but are not limited to, statements with respect to management's current beliefs, plans, strategies, objectives, goals and expectations, including expectations about the future financial or operating performance of Plastic2Oil, Inc. (the "Company" and its projects, sales, vendor and customer contracts, capital expenditures, capital needs, government regulation of the industry, environmental risks, limitations of insurance coverage, and the timing and possible outcome of regulatory matters, including the granting of patents and permits. Words such as "expect", "anticipate", "intend", "attempt", "may", "will", "plan", "believe", "seek", "estimate", and variations of such words and similar expressions are intended to identify such forward-looking statements. The potential risks and uncertainties that could cause actual results to differ materially from those expressed, implied or forecasted herein may include, without limitation, risks associated with general business, economic, competitive, political and social uncertainties; risks associated with changes in project parameters as plans continue to be refined; risks associated with failure of plant, equipment or processes to operate as anticipated; risks associated with accidents or labor disputes; risks associated in delays in obtaining governmental approvals or financing, or in the completion of development or construction activities; risks associated with financial leverage and the availability of capital; risks associated with the price of commodities and the inability of our Company to control commodity prices; risks associated with the regulatory environment within which our Company operates; risks associated with litigation including the availability of insurance; and risks posed by competition. The forward-looking statements in this press release are made as of the date of this press release. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
The Company urges readers of this press release to consider carefully the disclosures in the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K, which was filed on April 7, 2017.
Contact Information
Plastic2Oil, Inc.
20 Iroquois Street
Niagara Falls, NY 14303
Direct 716-278-0015.