posted
let them sell this will be in the .10 range next week
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posted
I know just got back to see what a day!!!!!!!!!!!
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posted
Christ, that spread ain't right! .036x.046. Oh well, nobody sells at the bid here anyway. Just put the breaks on this one hard. Let's hope they tighten it into the close Juice.
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posted
I expected more but certainly can't complain about being up 33% today. Once PR hits this will go through the roof
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posted
Well no way around it Juice there was quite a bit of selling into the close. Roughly 750,000 shares were sold in the last few minutes, very few at the bid. I feel that was to be expected with a long weekend. There was an equal amount of buying to offset the selling. With the bid spread as wide as it was no way the MM's were going to let this run into the close. This is the only stock I'm holding over the weekend. I will look to flip this at least once next week but we'll see what happens. I want to get my shares up before this hit's .10 without spending more money.
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quote:Originally posted by tonicma: Anybody think this stock will hit 9 to 10 cents next week.
I think it will, it went from .007 to.045 in a week with the MM holding it back. I think .10 is absolutely coming and much more when the PR hits
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posted
Ithink it's got a real good shot, but without news I would say EOW .08-.09. It seems mm's aren't willing to let this go quite yet. And my hunch is we don't get new this week. However I do think this almost a lock sinch for close to a double this week IMO. Almost all of the buys and sells are within a point or two of the ask. Bid is irrelevant. Ton- Are you in this? IHUB guys think this is .10+ next week.
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posted
Updated EQBM DD- Producing China Mine EQBM rose 120% the last 2 days to $.044 but is only just starting. EQBM is about to join the ranks of producing base metal companies. EQBM will finalize the aquisition of a 35% stake in Prodcing China Mine shortly. http://biz.yahoo.com/prnews/060301/to131.html?.v=20
EQBM also has interests in the Canadian Red Lake area adjacent to Canada's largest gold depopsit. Many other exploration companies in the Red Lake area have market caps of hundreds of millions of dollars, one example is WLF.TO: http://www.stockhouse.com/comp_info.asp?symbol=WLF&table=LIST
EQBM has a year high of $1.20 and was $.15 only a few weeks ago.
Share Structure: - OS 275 million - Float est. 35 million (after excluding preferred/restricted)
Pending Press Releases: - Per CEO: We should have a press release regarding the China acquisition within a few weeks (lawyers are working on translating all documents for final signatures)
Project Details
Dalian Project aquisition in China: - Projected Annual Revenues of $19.2 Million - Significant Deposits of Gold, Platinum, Palladium, Rhodium and Copper Identified - Once the due diligence is completed and agreements are signed Equitable Mining Corp. will own 35% of all operations and mineral rights. Significant deposits of gold, platinum, palladium, rhodium and copper have been identified in the mine and mine tailings and monthly revenues of $1.6 million and annual revenues of $19.2 million are projected.
Bonanza Property in Ontario, Canada (Red Lake Mining area) Equitable's Bonanza Property consists of 14 claims adjacent to Goldcorp's Red Lake Mine, which produces 550,000+ ounces annually and is one of the richest, most profitable gold mines in the world. Red Lake Mine contains the world-renown High Grade Zone with 4.4 million ounces of high grade gold reserves.
-Recently Goldcorp purchased 10% of neighboring Wolfden Resources for $3.60 CDN a share, in part due to its drilling activity on the Bonanza-Follansbee project which is directly adjacent to the properties owned by Equitable Mining Corp.In December Placer Dome Inc., whose 210,000 ounce-producing Campbell Mine is located nearby in Red Lake Camp, announced that exploration drilling confirmed the extension of Goldcorp's High Grade Zone into neighboring Campbell Mine. Equitable Mining owns claims adjacent to Red Lake Mine, Campbell Mine and the newly acquired Wolfden claims.
-Equitable has retained the engineering firm Clark Exploration Consulting Inc to give a 43101 report and management feels that said report should show 300,000 plus tons of .20au gold. Said report should be completed and filed within 30 days. The property consists of twelve unpatented claims and 2 patented claims (KRL 11325 and KRL 11442), with a total area of approximately 355 hectares. They are adjacent to properties owned by Wolfden Resources that have identified significant gold mineralization. These claims border on the south of GoldCorp. claims and west and south of Wolf Den's claims. Wolf Den's Drill Programs have completed 6 holes with multiple holes having visible gold. they plan to begin drilling operations in June of this year.
Additional mining properties (acquisitions) in North and South America. - With joint-venture partner Atlantis Acquisition 1, the company announced it is close to closing on its first South American precious metals project in Colombia, where striking test results indicate confirmed deposits of a rich gold-copper-silver. The company has also entered into discussions around an additional group of claims in Northern Ontario and other North American locations....
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posted
You know Juice I got a hunch EQBM is going to be bought out. If everything they say is true I could see this turning into a NDOL type run with merger, reversemerger , buyout at the end of the road. All we need to see is the China aquisition here and this could easily move up to the .25-.30 range. That would definitely alert some of the big boys, than if a buyout offer comes along well then it's NDOL territory I hate to get my hopes up but what the heck, it's a long weekend. Just one PR saying China deal is done. Any idea how long ago the CEO said "A few weeks?"
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posted
I'm thinking PR will come by the end of next week. I think something really big is gonna happen. An NDOL type run would be unreal. I guess we will just have to wait it out.
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posted
This baby's gonna pop hard tomorrow. It's being talked up all over the internet. Used to be just me, Juice, then Wang and PDC from IHUB. What do you think here Juice gap to .05-.055?
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posted
You put any value on what it did on the Frankfurt exchange today? Up 35% Hey .10 by Thursday would be awesome. I'd like to see a gap, gap fill than run up a few times this week so I can flip some of my shares. But with no selling, risky.
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