posted
this came on my radar right at the end of the day, so i couldnt get in. But tommorow morning i am going to buy a ton right as the market opens.
This is what they are into:
Savoy Resources Corp. operates as a precious metals and mineral exploration and mining company, focusing on opportunities in China. Its joint venture company, Heilongjiang Savoy Resources Co., Ltd., in partnership with the First Institute of Geology and Exploration of Heilongjiang Province, China, holds right to explore and develop the Sishan Forest Gold Property, as well as access to the exploration and development of minerals in Heilongjiang Province. Savoy Resources is based in Monument, Colorado.
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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posted
check out the chart on this one...its so ready to go, had a good day today but i think tommorow will be a huge winner, the only thing is i think the gap will be huge
posted
volume was about 5 times average today so some intrest is coming in, i hope i can get in under .06 tommorow (as i think this will gap big) i am looking to buy about 75000 shares to start and then if we get a dip i will buy more
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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posted
there was a ton of intrest late in the day as u can see alot of buy came in and that makes me think something was up...its a bottom play and gold...i think the only problem is will be that it will gap up hard but i will buy anything under .06..hopefully i can buy some more too on the gap...i am going to buy 75k right at the open 0.045 would be great...i will even take .05
goodluck
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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posted
hey buytex, empty your private messages please
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
40% SHAREHOLDER SELLING 40% INTEREST YESTERDAY! PLEASE EXPLAIN HOW THIS WILL HELP SHOOT THIS ONE TO THE MOON? TODAY 47 TRADES TOTAL. TODAYS $ VOLUME= $23,544. share volume 652,248. PLEASE LET US KNOW WHAT INFO IS MISSING BECAUSE ITS NOT OBVIOUS. THIS COULD BE A GOOD THING FOR ALL OF US IF OTHERS ARE SLEEPING. THANKS. ----------------------------------------------- Savoy selling JV stake
The Denver Business Journal - 2:28 PM MDT Monday
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Savoy Resources Corp. announced Monday it would sell its 40 percent interest in Heilongjiang Savoy Minerals Co. Ltd. for $250,000 to Black Dragon Resources Ltd., a Mauritius GBC2 company.
Savoy (OTCBB: SVYRE), whose U.S. offices are in Denver, was in a joint venture with the First Institute of Geological Exploration of Heilongjiang Province, China. <A HREF="http://dc.bizjournals.com/event.ng/Type=click&FlightID=14187&AdID= 21156&TargetID=3445&Segments=1,16,178,1930,3622,3652,3688,3730,3733,3744 ,3842,3862&Targets=3394,61,165,1769,3381,3411,3445,3489,3493,3501,3597,3619& amp;Values=25,30,46,50,60,72,83,92,100,110,150,152,202,290,330,473,565,715,732,7 56,830,872,915,949,959,960,961,962,980,994,996,997,1009,1036&RawValues=GEOMA JORMETRO%2Cdetroit%2CDOMAINTYPE%2C25%2CST_VERT_TOPIC%2Cenergy__electric_utilitie s&Redirect=http://www.cigna.com/healthierbusiness" target="_top"><IMG SRC="http://img.bizjournals.com/ads/dc/cigna/CIGNA_C1_300x250_BU_03.gif" WIDTH=300 HEIGHT=250 BORDER=0></A>
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Savoy said it would use the proceeds to complete its annual and first-quarter reports. The company decided to sell its interest in the China joint venture because of the additional money it would have required prior to any returns, according to a news release.
Savoy is concentrating on a Canadian gold prospect, a copper and cobalt leaching prospect in South Africa, and other potential gold and mineral prospects in China.
The company said it expects to complete the purchase of a property with proven gold reserves in the Yukon Territory in northwestern Canada by July 31.
Posts: 354 | From: Novi, MI | Registered: Apr 2006
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posted
It will go up because King Midas (aka superman) says it will go up. Don't you know by now man everything Superman touches turn to gold.... hehehehe lofl Posts: 448 | From: New Jersey | Registered: Aug 2005
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The chart does look great. The company states it is attempting a transition to a gold company and seems to have no production. The China deal seems to be questionable if it ever will produce gold. So selling the 40% may benefit the company. But why do they need that cash to be able to file with the SEC. Are the finances that bad ?
-------------------- Pull on your boots,Slap on your hat, Relax, and Enjoy the ride. Posts: 31 | From: Wills Point, Texas | Registered: Apr 2006
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quote:Originally posted by HorseRider: Wondering why this may be a good pick?
The chart does look great. The company states it is attempting a transition to a gold company and seems to have no production. The China deal seems to be questionable if it ever will produce gold. So selling the 40% may benefit the company. But why do they need that cash to be able to file with the SEC. Are the finances that bad ?
quote:Originally posted by HorseRider: Wondering why this may be a good pick?
The chart does look great. The company states it is attempting a transition to a gold company and seems to have no production. The China deal seems to be questionable if it ever will produce gold. So selling the 40% may benefit the company. But why do they need that cash to be able to file with the SEC. Are the finances that bad ?
I'm not sure how much it costs to do the filings but I do know they need lawyers and stuff to look over it which costs money. This is the reason why many companies stay on the pinksheets. They dont make a whole lot of money and dont want to spend the money they do make on those fees. Sometimes the CEOs do the filings themselves and make mistakes, if you catch them you can exploit them.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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quote:Originally posted by HorseRider: Wondering why this may be a good pick?
The chart does look great. The company states it is attempting a transition to a gold company and seems to have no production. The China deal seems to be questionable if it ever will produce gold. So selling the 40% may benefit the company. But why do they need that cash to be able to file with the SEC. Are the finances that bad ?
posted
well the reason i think this will run is because it is getting momo, and it is a bottom player and has alot of room to run....buytex said it perfectly all pennies are pos and its all about the momo, and i think this will get it tommorow
i cant stress the fact enough that all well fine 99.99999% of the pennies are bs companies that lie and dilute, and 1 out of every maybe 100000 will make u rich if u hold for a year or more.
what i am trying to say is find the momo play the momo and take your profits dont fall in love with any penny stock. I learned this the hard way many times in the 8 years that i have been investing for and i dont this to happen to others
goodluck traders i am still getting my 75k in the morning and more on dips throughout the day
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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quote:Originally posted by superman7: well the reason i think this will run is because it is getting momo, and it is a bottom player and has alot of room to run....buytex said it perfectly all pennies are pos and its all about the momo, and i think this will get it tommorow
i cant stress the fact enough that all well fine 99.99999% of the pennies are bs companies that lie and dilute, and 1 out of every maybe 100000 will make u rich if u hold for a year or more.
what i am trying to say is find the momo play the momo and take your profits dont fall in love with any penny stock. I learned this the hard way many times in the 8 years that i have been investing for and i dont this to happen to others
goodluck traders i am still getting my 75k in the morning and more on dips throughout the day
Good advice Superman.
I'll be getting 65000 shares at the open as well.
Gonna try for .045 pps.
Posts: 88 | Registered: Mar 2006
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posted
GFM 50, a piece of advice dont chase to high!! i am going to buy in the morning uptill .06 i wont pay higher in the morning even though i think we can even hit .15 tommorow...i think this will be hard a fill with a big gap and i just am saying dont chase to high cause if it does open up like 50% it will dip a bit and thats when u get in
goodluck
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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posted
Thanks for the feedback everyone. I may jump in looking for a quick gain.
-------------------- Pull on your boots,Slap on your hat, Relax, and Enjoy the ride. Posts: 31 | From: Wills Point, Texas | Registered: Apr 2006
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posted
Just looking at the L2's now, there is no real resistance until we hit .20....now I dont know how things will shape up in the morning, but if you can get in around .05, you could easily double your money.
-------------------- One wrong move and you're eatin bag-nasties just to survive! Yahoo Messenger: Jason52907 Posts: 707 | From: midwest | Registered: Mar 2006
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quote:Originally posted by superman7: GFM 50, a piece of advice dont chase to high!! i am going to buy in the morning uptill .06 i wont pay higher in the morning even though i think we can even hit .15 tommorow...i think this will be hard a fill with a big gap and i just am saying dont chase to high cause if it does open up like 50% it will dip a bit and thats when u get in
goodluck
Good tip, thx.
Posts: 88 | Registered: Mar 2006
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posted
this is not gapping at all...its actually down...
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
42 by 44..it is gapping sniper..look yourself
and stocks dont usually gap at 7am(mountain time) they usually wait about 15 min before the market opens...so i think it still going to gap hard but maybe u can get in at .05 but i doubt it i think .06 will be the open
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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