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Re: 7878 post# 11057

Friday, 11/05/2010 2:43:11 PM

Friday, November 05, 2010 2:43:11 PM

Post# of 66758
Okay, I will give you the benefit of a doubt. There are 28.5 million shares in the float and it is supposed that 7 million of them are out of play. Insiders hold about 60 percent of the O\S and they issued themselves plenty to alleviate the possibility of a hostile takeover.

News is out frequently now:

http://www.otcmarkets.com/stock/SAEIE/news

They have filed as you will see from the "Corporate Activities Update" found in that link.

We are currently under heavy attack by MMs and Shorts and shares are very tightly held by many. A recent sell off and influx of short term traders has many showing up with weak hands and others trying to shake loose shares. If this runs it will be catastrophic for those who are shorting it. In any event, it is trading a bit more freely now but, when it runs, it runs very fast.

More assay results are pending, the E is due to drop next week, raising our profile. Usually Fridays and Mondays are very good days for us. Merger or buyout possibilities exist and more sites are being locked up and surveyed but many holes in the one of current interest have been gold bearing at high concentrations.

We won't speak of the Colorado stock. GLTY

I'm in a Gold Mining stock, 28.5 million in the float, shiny holes coming in, and tendered offers from all over wanting a piece of the action. Huge gains will be made from here and many surprises are in store for us.