Commerce Group Corporation (CE) (CGCO) News

Thin

Looks dead

It looks like the company is dead. They stopped filing reports in 2013. Even back then equity was more than $30 million negative, and it looked like they were about to lose the mining license they had on the mine.

Quarterly Report for period ending 12-31-2010

Cash was only $3,539 and total assets less than $400K against liabilities of over $37 million.

Louis J. Desy Jr.

CGCO IS INCREASE BY 194%

They are suing the contry of El salvador for 100 mil
http://www.elsalvador.com/mwedh/nota/nota_completa.asp?idCat=6374&idArt=4949590

Well see

Interesting Company here

Looking good here...eom

This one does look interesting. I'm in and looking to add more. The chart has been very steady and a climb from here could be very steep.

G&S Minerals (GSML.PK) is just starting to get going, negotiated ridiculous deals down in mexico with supposedly huge reserves. Woud love to get others thoughts as well.

DKGR Notes From Clayton. 11/09/2006

I just wanted to catch up with readers and let you know that we did a thorough once over of the Jackpot Placer project and things are looking good. The Bureau of Land Management has the permit applications in hand and the turn around time should be quick, 2-3 weeks, which isn’t bad by government standards. Failing that, our landowner, Dan Patch, and ostensible partner has a great relationship with the people over at the BLM, so the permits should cut through the red tape a bit quicker than the average 2-3 weeks.

Know what the best part is? Interestingly, the law requires “maintenance” during the App process. This doesn’t mean that we need to do a lube, oil and filter on all the heavy equipment we have out there, it means that we have to commence preliminary operations. What it boils down to… work has commenced at the site and that work is required for the permit process so there are no regulatory issues.

The guys down at the site doing the heavy lifting have already amassed quite a bit of gold-bearing material in anticipation of the permits allowing processing. Known as Paydirt, the work of both the landowner and project manager Norm Pearson has yielded 3000 cubic yards and counting of the gold bearing earth. Using a special process developed by Pearson, a processing plant is being set up to handle 100 cubic yards of Jackpot paydirt an hour.

I look forward to the processing that will commence in less than a month and as an investor so should you. Is Christmas coming early this year? I think so.
Novak Capital.
http://www.novakcapital.com/ccorner.htm

thanks evan, i'll take a look see...ken

My top picks are BMKS and ENGY, I think one or both will triple in 3 months. Best source is the SEC filings.

hi evan , never have invested in pennies but i'm gaining interest.
is there any good sites ? how do you screen for these ?
thanks ken

oh , is there any good software ?

i try to look for rollers.

how do you invest , long term short or in between ?

i'm in gisx at $17.66 great roller

BMKS is a better bet

IAMR is supposed to be into gold, buyer beware.