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acobra

08/29/09 1:26 PM

#6527 RE: coldcash #6526

I was in on the last big hype when it ran from .70's to about $1.30... then everyone dumped very quickly, so all I'm saying is keep a sharpe eye on this one. I'm not in anymore, but may add on Monday am.
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Makamai

08/29/09 1:29 PM

#6528 RE: coldcash #6526

Yes Coldcash, as I stated in my last post they closed the BK and it has been recorded. That's why they had to issue the 8K as it was a material event since they now own the property.

Yes, I have spoken with management and I have owned this stock for about 5 years. They are finally at the point where they can make some serious money, having a patented process for mixing significant quantities of recycled tire powders in with virgin rubber to cut manufacturing costs for rubber fabricators and save virgin forests. This process will have a major impact world wide. For more info on the process and it's potential impact, check out the NRs that have been issued in July and August. They also have a very informative website http://www.magnumresoruces.net

Makamai