Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Umm ... NO
Yep, the slowdowns in upswings at .0016-.002 is due to this being a natural selling point for many who bought shares at .0008-.0010. They get a double and figure good enough. Thus there are many shares to be sold to move up. IMO, they will be sad as they watch the stock move up higher on any news release.
Dropping down is much easier as small sells on a panic will make many lower there asking price. Today we saw an unfortunate incident with a miscreant spouting some bad info for his own purposes.
Groovy
Busted Blue Horse Shoe.
Yes they tried to do the same thing with GLXI. Blue Horse Shoes post from glxi board:
That is correct Mr. heenster.
GLXI claims are not in the name of Globex or Umining resources Inc., they are in the name of the prospector in the 222 claims in Northern Quebec located at 24L01 on the map grid :
Numéro : 20514
Nom : DENTINGER
Prénom : JEAN-CLAUDE
Catégorie : Personne physique
Statut : Actif
Adresse : 3293, AVENUE ALPHONSE DUPUIS
Ville : Beauport
Code Postal : G1C 3S7
Province / État : Québec
Pays : Canada
The other 33 claims:
Globex, Inc. Announces Strategic Acquisition of 33 Additional Uranium Mining Claims adjacent to Grenville Property
Tuesday March 20, 8:00 am ET
NEW YORK, March 20 /PRNewswire-FirstCall/ - Globex, Inc. (GLXI: Pink Sheets), today announced that its first project team working in the Mount-Laurier area has finalized the acquisition of an additional 33 Uranium Cell claims in Northern Quebec, Canada. These claims are situated in the area surrounding the Company's Grenville Property, specifically in sector 31 J14. This is a key strategic acquisition for Globex as it now
owns a significant number of adjoining claims in this uranium-rich sector."
These claims are located near Mont Laurier at map grid 31 J14 and far murkier in ownership, there are NO registrations for Detinger or Umining,there are registrations after 01 Jan 07 for these individuals and a Company.
Rene Lelievre,
Numéro : 19626
Nom : LELIEVRE
Prénom : RENE
Catégorie : Personne physique
Statut : Actif
Adresse : 118, DU REPOS
Ville : Grande-Rivière
Code Postal : G0C 1V0
Province / État : Québec
Pays : Canada
Denis Maillet
Numéro : 1597
Nom : MAILLET
Prénom : DENIS
Catégorie : Personne physique
Statut : Actif
Adresse : 440, BEAUCHEMIN
Ville : Sullivan
Code Postal : J0Y2N0
Province / État : Québec
Pays : Canada
A Vancouver company listed on the TSX called CONSOLIDATED PACIFIC BAY
MINERALS LTD
Numéro : 21214
Raison sociale : CONSOLIDATED PACIFIC BAY MINERALS LTD
Catégorie : Personne morale
Statut : Actif
Adresse : 1600-409 GRANVILLE ST.
Ville : Vancouver
Code Postal : V6C 1T2
Province / État : Colombie-Britannique
Pays : Canada
SOURCE: GESTIM (Quebec mining registration data base)
https://gestim.mines.gouv.qc.ca/MRN_GestimP_Presentation/ODM02201_menu_base.aspx
The law requires companies that are reporting issuers in a provincial jurisdiction or which are listed on the TSX or the TSX-V, to file a disclosure document (National Instrument 43-101). This is a National requirement which establishes standards for all oral statements and written disclosure of scientific and technical information regarding
mineral projects, including disclosure in news releases, prospectuses and annual reports, and requires that the disclosure be based on a Technical Report or other information prepared by or under the supervision of a qualified person.
Very little of this information appears on any of the GLXI, QTTM, HRRN websites.
The law requires environmental impact studies to be conducted.
No such study or proposal appears on any of the GLXI, QTTM, HRRN websites.
In contrast to the United States where locating and recording give the right to extract and sell minerals, Canadian legislation generally gives the holder of a located and RECORDED CLAIM ONLY THE RIGHT TO EXPLORE FOR AND DEVELOP the mineral potential.
ADDITIONAL INFORMATION
"Land tenure and the distribution of mineral rights in Canada differ from those in other countries due to the retention of freehold land and mineral interests by the Crown, and an overlap in jurisdiction between the federal and provincial levels of government. The result is a system of tenure
whereby mining leases tend to be between the prospector or developer, and the Crown.
Uranium differs from other commodities, as its production raises unique security and environmental concerns, and, as a result, the Federal Government plays a larger role in the regulation of uranium production,storage, transport, export and environmental remediation. The Federal Government is also responsible for relations with Canada's Aboriginal
peoples, which affect mining claims in areas where there are existing or potential Aboriginal interests.
The Canadian Nuclear Safety Commission is the federal body that oversees licensing and permitting for uranium production in Canada. The Commission operates under the authority of the Nuclear Safety and Control Act and related regulations, which set out the regulatory framework for the uranium industry. Licensing and permitting processes are stringent, and
residency requirements are imposed on holders of uranium mining properties in Canada.
Under the Canadian Constitution, Provincial Governments hold the
underlying title to natural resources within their territory, and are responsible for regulating land tenure and mineral production. The most significant province with respect to uranium leases is Saskatchewan, in which Canada's only operating uranium mines are located. However, high
uranium prices and renewed exploration efforts have recently generated significant interest in uranium deposits in the Northwest Territories and Nunavut.
The life cycle of a uranium mine involves varying levels of land tenure. At the exploration stage, mining claims provide surface access, the right to conduct subsurface exploration, and the right to obtain higher forms of tenure upon a mineral discovery, but not the right to construct a producing mine. Production requires a mineral lease from the Crown.
Mining claims and leases are conditional on meeting minimum amounts of exploration expenditure. At the financing stage, there are also reporting requirements imposed that are specific to mining companies."
SOURCE: URANIUM LEASE INSTRUMENTS VS. TYPICAL MINERAL LEASES: COMPARATIVE OVERVIEW OF SIMILARITIES AND KEY DIFFERENCES
URANIUM LEASES, LICENCES AND PERMITTING IN CANADA, Paper and Presentation for the Rocky Mountain Mineral Law Foundation Special Institute on Uranium Exploration and Development, April 27-28, 2006 Denver, Colorado
http://tinyurl.com/3x4v3r
CONCLUSION
GLXI, QTTM, HRRN all state they are owners of URANIUM mining claims, however NONE of these companies are INCORPORATED IN CANADA.
Therefore, GLXI, QTTM, HRRN cannot properly suggest they can legitimately exploit the mining claims they say they control.
They can't sell what they don't own.
GLXI, QTTM, HRRN are not properly set up to fulfil the legislative requirements set forward by the Government of Canada.
Hrrm, .001 back again. What are the MMs up to ?
Chubby digit. My streamer showed a .001 for a few seconds.
Would like to see a MarketWire come filtering thru. That would push it up nicely.
Why not a National PR ? That's kinda big news to not have it go thru the news wires. Its not showing up as news thru my service. Anyone elses ?
A nice day of consolidation. Today was a classic example of consolidation following an initial climb upwards. Tomorrow may be the same and another jump up in the following day wouldn't be much of a surprise. Congrats to those who got in or are getting in during these early days. Sit back and enjoy the ride.
Groovy
Uptick .. nice EOD paint
NYBob, my eyes seem to travel in a figure 8 pattern when indulging in certain.... ummmm... medicinal herb. The very fabric of our existence follows along the path of the figure eight while indulging in this mystical ... errr... medicinal herb.
I kid you not, I have a theory of the movement of life altering events based upon the figure eight. Unfortunately I can only remember the details of my theory while indulging in the mystical... errr... medicinal herb.
Willies da man !
Nice to see a national PR. LMAO at the downtick on a $200.00 buy @ .0013. Pinkies will make ya pull your hair out. Going to be an interesting day :)
Sure Ameritrade would allow your order Cargo Hauler. I have a sell order in for 2.00 per share. Now we just need amazing earthshattering news each day for about 5 months and it should fill :)
Already had my sell in at $2.00 per share. I'll buy that Lamborghini and Beverly Hills Mansion with the funds from the sale :)
Groovy
Notice ? From who and why ? I hope they don't notice that every tall tale seems to collapse in the end.
Groovy
No news. EOM
AAPM is blank screen on AMTD.
One thing I notice changed this morning is with the Ameritrade Streamer the AAPM stock info of bid, ask, shares sold etc is now all blank as of today. Previously it showed the last bid ask of .0002 and 0 shares sold each day of the suspension. I won't get a chance to call and ask what's up today... but I can guess.
Groovy
Conditional. Yeah, thats the usual path here. Something falls thru and the next story begins the new cycle of luring in new investors. Lather, rinse, repeat.
Groovy
Now Bullit, we hope that you are packing a nice digital camera and are going to take some pretty pics of that road you are building. The trucks shouldn't say Las Vegas County Dept on them either :)
Groovy
My streamer shows the same in afterhours. Closed at .0002 though. After hours chicanery of some kind.
Heh, a 10x would be nice but verrrrry wishful thinking.
This stock just keeps going. Good job everyone !
The dog is obviously jealous of the childs hats. Try buying him a nice hat. I recommend pimphats.com Get the dog ready for Mardi Gras.
Groovy Baby
Yes, I had a .0001 order filled that I put in at opening in the morn.
Groovy
Kewl,
Lets Party. I own a hunk of GLXI also. Would like to be in the swarm and IM also.
Groovy
Volume does look good this morn. Got in early today and looks like a nice climber.
Groovy