posted
Gold closed up today nearly 5% (+$27.30 today) to around $614. Maybe a good time for a gold play. I like EAGM (around .10) short term. This moves with very little action (Both up and down). News is pending in the next couple of weeks per the company. What is your play in Gold?
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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where is my sucker stock CGHI? best stock to flip almost 3 times a week for 10-15% each time. love CGHI.. time to get back on its back once this gold starts soaring again!
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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posted
PEP- what are the pink sheet issues that need to get resolved with MGMX? MGMX was $50 earlier this year + the mine report (as you know) clearing out any issues that could be holding it down here - could be huge for the stock - depending on the issues and their impact on the stock price of course.
any info around that would be greatly appreciated - thanks PEP
Posts: 268 | From: New York | Registered: Mar 2005
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PRESS RELEASES: MGM MINERAL RESOURCES INC OTC : MGMX)
Iron Consulting: www.growthstockresearch.com, Tao Minerals in the final stages of acquiring two additional gold mining projects in southwestern Colombia Jun 29, 2006 9:24:22 AM
Posts: 268 | From: New York | Registered: Mar 2005
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NY, Jun 26, 2006 (M2 PRESSWIRE via COMTEX News Network)
www.otc-advisors.com names Wastech, Inc. (Pink Sheets: WTCH), Metro Gold Mines Mineral Resources Inc. (Pink Sheets: MGMX), Xechem International, Inc. ( OTCBB: XKEM) and Blackout Media Corp. (Pink Sheets: BKMP) its "Bulls in the stable."
Posts: 268 | From: New York | Registered: Mar 2005
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-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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posted
POSSIBLE bottom bouncing s.o.b. play might by MYNG.OB
most recent pr, but certainly nothing to write home about:
Press Release Source: Golden Eagle International, Inc.
Inspection of the B & C Zone Gold Anomalies by Golden Eagle Director and Geological Consultant Tuesday June 27, 9:53 am ET Update of Ongoing Exploration Work
SALT LAKE CITY--(BUSINESS WIRE)--June 27, 2006--Golden Eagle International, Inc. (OTCBB:MYNG - News) announced today that Gene Dunham, a Golden Eagle director, and Consulting Geologist Michael H. Biste, Ph.D., visited the Company's gold and copper deposits east of Ascension de Guarayos in eastern Bolivia's Precambrian Shield during the week of June 19-24. They report that a three-month exploration program has begun in order to delineate precisely the area for bulk sampling and the initiation of pilot plant gold production. ADVERTISEMENT
The targets are the B and C anomalies that contain deeply laterized gold quartz veins and estimated mineralized material in the range of 1.5 million cubic meters, an estimate that results from a previous sampling campaign overseen by Dr. Biste. The average gold grade is estimated to be between 0.6 to 1.0 gram per cubic meter based on Dr. Biste's previous sampling work and historic data from the nearby Mina Grande, which has mined-out its reserves. The deposits can be mined by economical open pit mining techniques and present important prospects for Golden Eagle to be in pilot production at the conclusion of the initial three-month deposit delineation study.
The objective of the project is the delineation of an eluvial/saprolitic gold resource to feed a gravimetric plant with an initial monthly minimum capacity of 10,000 cubic meters. In parallel Golden Eagle will also evaluate the feasibility of reprocessing gold tailings from the Mina Grande, which Dr. Biste observed during its operational life to have had an inefficient gold liberation and recovery system.
The quartz veins in the B and C Zones are related to major fault zones of the Upper Proterozoic Age that cross-cut older metamorphic volcano-sedimentary rocks of the Guarayos Greenstone Belt. Due to the intense chemical rock alteration since the Miocene Period 20 million years ago, the superficial eluvial laterite is highly enriched in free gold and quartz fragments and forms a several meter thick horizontal layer on top of the underlying primary root mineralization.
Gene Dunham and Dr. Biste also visited the greenstone belts of San Ramon and Concepcion/Medio Monte where old historic gold mining areas are reopened again for mining.
"Gold mineralization occurs in quartz veins and associated hydrothermal alteration in fine grained quartzites, with large numbers of gold occurrences throughout the Golden Eagle claims," stated Gene Dunham, Golden Eagle director. "We are moving forward now to accelerate both the exploration of the Company's claims and the review of other opportunities in the region."
Eagle E-mail Alerts: If you are interested in receiving Eagle E-mail Alerts, please e-mail the Company at: eaglealert*geii.com.
Golden Eagle International, Inc. is a gold and copper exploration and mining company located in Salt Lake City, Utah and La Paz and Santa Cruz, Bolivia. The Company is currently focusing its efforts on developing its mining rights on its Buen Futuro gold and copper project (A Zone), and its B and C Zone gold deposits, within its 136,500 acres (213 square miles) in eastern Bolivia's Precambrian Shield.
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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MGGV Low float, big CC soon, lots of things happening. This stock has tanked recently, but a lot of it is due to short selling. Big CC combined with short selling could make for an interesting scenario. Note that the float is only 9.8 mm and it moves fast in either direction.IMHO
Posts: 60 | Registered: Feb 2006
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EAGM moving up. Check out the chart. This moves with very little buying. 67% gain on Friday and closed at HOD. A good play for Monday IMO
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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re: MGMX. Anyone notice this stock was trading at $200+ a share just a few months ago? A couple years ago it was around $10,000 p/s according to Yahoo finance. I don't know if these are accurate quotes from back then. If so, what the heck happenned to this outfit to bring it down to .01? Why didn't it rally during the recent "gold rush" on the commodities markets? And what makes you think it'll take off again besides bad MM hype?
Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006
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Tell you what: I would'nt want to be stuck in Gold dor two good reasons: 1). We hav'nt been on the Gold standard for decades. 2). When the SMARTCARD takes over full swing and we are a cashless society [Check PR of June 29,2006 of 'SSTY' or 'TPID' together with 'ERG'. 3). We are on the thresh-hold of a cashless society.
So where will Gold be OUT OF DEMAND?? Even the bible says that Silver and Gold will be thrown in the streets! Lucky
Posts: 188 | From: MISSOURI | Registered: Jul 2005
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Vagabond
